EXHIBIT 99.7

CONSOLIDATED ANALYTICS EXCEPTION GRADES REPORT

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
97         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   03/12/2026    Acknowledged    FCOM5135    Compliance    Missing
Required
Affiliated
Business
Disclosure
  Required Affiliated Business Disclosure Missing Required Affiliated Business Disclosure Missing              Acknowledged, accepting 2/B grading.    04/08/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 47.65% is less than Guideline CLTV of 89.9% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 47.65% is less than Guideline LTV of 89.9%    C    B    B    B    A    A    A    A    C    B    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
97         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   03/12/2026    Resolved    finding-
3526
   Compliance    Revised
Loan
Estimate
Delivery
Date Test
(prior to
consummation)
  Revised Loan Estimate is dated XX/XX/XXXX less than seven business days prior to closing of XX/XX/XXXX. Provide documentation to show the borrower received the revised LE at least XXX business days prior to consummation This loan failed the revised loan estimate delivery date test (prior to consummation) due to one of the following findings: (12 CFR §1026.19(e)(4)(ii) The revised loan estimate delivery date is provided and the revised loan estimate method of delivery is marked as either:“USPS First Class Mail” or “Electronic Delivery” or blank, and the revised loan estimate delivery date is less than seven business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or”In Person” and the revised loan estimate delivery date is less than four business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe revised loan estimate receipt date is provided and the revised loan estimate receipt date is less than four business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe revised loan estimate delivery date is on or after the initial closing disclosure delivery date he XXX shall not provide a revised version of the disclosures required under §1026.19(e)(1)(i) on or after the date on which the XXX provides the disclosures required under §1026.19(f)(1)(i). The consumer must receive a revised version of the disclosures required under §1026.19(e)(1)(i) not later than four business days prior to consummation. If the revised version of the disclosures required §1026.19(e)(1)(i) is not provided to the consumer in person, the consumer is considered to have received such version three business days after the XXX delivers or places such version in the mail.    Document Uploaded.    03/25/2026    LE acknowledgement date received- exception resolved; LE acknowledgement date received- exception resolved    03/26/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 47.65% is less than Guideline CLTV of 89.9% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 47.65% is less than Guideline LTV of 89.9%    C    B    C    A    A    A    A    A    C    B    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
97         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   03/10/2026    Resolved    FCRE8999    Credit    No Credit
Findings
  The loan meets all applicable credit guidelines.              Informational    03/12/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 47.65% is less than Guideline CLTV of 89.9% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 47.65% is less than Guideline LTV of 89.9%    C    B    A    A    A    A    A    A    C    B    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
97         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   03/10/2026    Resolved    FPRO8998    Property    No
Property
Findings
  Property and valuations related findings were not identified on the loan.              Informational    03/12/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 47.65% is less than Guideline CLTV of 89.9% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 47.65% is less than Guideline LTV of 89.9%    C    B    A    A    A    A    A    A    C    B    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
169         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   04/20/2026    Cured    finding-
3634
   Compliance    Charges
That
Cannot
Increase
Test
  This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i) One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX lease see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures. An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). TILA 130 Cure Required. Refund in the amount of $XXX; cure package requires a PCCD, LOE, and Copy of Refund Check, or Valid COC. The zero tolerance violation in the amount of XXX is due to increase from XXX to XXX for the Fraud Fee added with no valid COC in file.    Document Uploaded.    05/28/2026    Cure package provided to the borrower; exception downgraded to a 2/B; Cure package provided to the borrower; exception downgraded to a 2/B    05/29/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    C    B    C    B    A    A    A    A    C    B    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
169         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   04/20/2026    Acknowledged    FCOM3849    Compliance    Evidence
of
Appraisal
Delivery
to
Borrower
not
Provided
or Late
(12 CFR
1002.14(a)(1))
  The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR XXX(a)(XXX)). Documentation required to clear exception: The document provided indicates that the borrower either received, or chose to waive the right to receive the appraisal at least XXX days prior to consummation, but does not confirm the borrower received the appraisal at or prior to consummation.  Provide documentation to show the date the borrower received the appraisal to confirm it was received by the borrower timely.              Acknowledged, accepting 2/B grading    04/23/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    C    B    B    B    A    A    A    A    C    B    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
106         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   04/21/2026    Resolved    FVAL3825    Property    FEMA
Declared
Disaster
Dated Prior
to the
XXX, After
Appraisal
Date
   Property located in FEMA Declared Disaster Area with no subsequent property Inspection.    Document Uploaded.    05/26/2026    Property Inspection Provided.; Inspection report provided — Inspection date XX/XX/XXXX    05/27/2026    Original CLTV is Below the Guideline Maximum — Calculated CLTV of 70% is less than Guideline CLTV of 80% | Original LTV is Below the Guideline Maximum — Calculated LTV of 70% is less than Guideline LTV of 80% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job.    D    A    C    A    A    A    D    A    A    A    D    A    D    A    D    A    D    A    D    A    D    A    D    A    D    A    D    A    D    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
106         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   04/21/2026    Resolved    FPRO0383    Property    FEMA Post
Disaster
Inspection
Report not
Provided
   The subject property is a FEMA disaster case; however, the inspection report was not provided.    Document Uploaded.    05/26/2026    FEMA Post Disaster Inspection report was provided.; Inspection report provided — Inspection date XX/XX/XXXX    05/27/2026    Original CLTV is Below the Guideline Maximum — Calculated CLTV of 70% is less than Guideline CLTV of 80% | Original LTV is Below the Guideline Maximum — Calculated LTV of 70% is less than Guideline LTV of 80% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job.    D    A    D    A    A    A    D    A    A    A    D    A    D    A    D    A    D    A    D    A    D    A    D    A    D    A    D    A    D    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
106         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   04/21/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    04/24/2026    Original CLTV is Below the Guideline Maximum — Calculated CLTV of 70% is less than Guideline CLTV of 80% | Original LTV is Below the Guideline Maximum — Calculated LTV of 70% is less than Guideline LTV of 80% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job.    D    A    A    A    A    A    D    A    A    A    D    A    D    A    D    A    D    A    D    A    D    A    D    A    D    A    D    A    D    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
106         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   04/21/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
  The loan meets all applicable credit guidelines.              Informational    04/24/2026    Original CLTV is Below the Guideline Maximum — Calculated CLTV of 70% is less than Guideline CLTV of 80% | Original LTV is Below the Guideline Maximum — Calculated LTV of 70% is less than Guideline LTV of 80% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job.    D    A    A    A    A    A    D    A    A    A    D    A    D    A    D    A    D    A    D    A    D    A    D    A    D    A    D    A    D    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
167         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   04/21/2026    Resolved    FCOM3849    Compliance    Evidence
of
Appraisal
Delivery
to
Borrower
not
Provided
or Late
(12 CFR
1002.14(a)(1))
  The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR XXX(a)(XXX)). Documentation required to clear exception: Evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date is required, but missing from the file. If borrower waived the XXX day timing requirement, provide an executed appraisal waiver and evidence the appraisal was received the day of close.    Copy of Email Delivery    06/19/2026    Document received; Finding Resolved. Document Uploaded.    06/23/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 67.15% is less than Guideline LTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 67.15% is less than Guideline CLTV of 89.99%    C    B    B    A    C    B    A    A    C    A    C    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A
167         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   04/21/2026    Acknowledged    FCRE1197    Credit    Audited
FICO is
less than
Guideline
FICO
  Audited FICO of XXX is less than Guideline FICO of XXX    Document Uploaded.    05/27/2026    Lender exception approval for a XXX point XXX exception for portfolio XXX R/T refi — XXX vs XXX score cutoff. Borrower meets XXX comp factors. XXX. Credit is over XXX yrs. ago, Accumulated Assets totaling XXX Reduction in PITIA: XXX to XXX , B: XX/XX/XXXX mots at Employer as an XXX, prior Empl XXX yrs in same field.; The minimum fico score per guidelines is XXX The Borrower’s fico score is XXX below guideline minimum. However, a credit exception was approved to allow for the lower fico score, citing compensating factors of all credit in the last XXX months is paid as agreed and a reduction in PITIA. Acknowledged and downgraded.    05/28/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 67.15% is less than Guideline LTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 67.15% is less than Guideline CLTV of 89.99%    C    B    C    B    C    B    A    A    C    A    C    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
167         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   04/21/2026    Resolved    finding-
3634
   Compliance    Charges
That
Cannot
Increase
Test
   TILA 130b Cure Required. Refund in the amount of $XXX; cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery or Valid COC. The zero tolerance violation in the amount of XXX is due to increase from XXX to XXX for the Appraisal fee added to LE XX/XX/XXXX without a COC. This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i) One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX lease see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures. An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).    Document Uploaded.    05/05/2026    Valid COC provided — exception resolved; Valid COC provided — exception resolved    05/06/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 67.15% is less than Guideline LTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 67.15% is less than Guideline CLTV of 89.99%    C    B    C    A    C    B    A    A    C    A    C    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A
167         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   04/21/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    04/24/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 67.15% is less than Guideline LTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 67.15% is less than Guideline CLTV of 89.99%    C    B    A    A    C    B    A    A    C    A    C    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A
110         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   04/24/2026    Resolved    finding-
3634
   Compliance    Charges
That
Cannot
Increase
Test
   This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i) One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX lease see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures. An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). TILA 130b Cure Required. Refund in the amount of $XXX; cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery or Valid COC. The zero tolerance violation in the amount of XXX is due to increase from XXX to XXX for the Appraisal fee on the Final CD dated XX/XX/XXXX. COC in the file dated XX/XX/XXXX simply States appraisal fee added but does not provide a sufficient reason for the increase and the date does not match documentation in the file.    Document Uploaded. The XX States a XXX of XXX was added which increased the appraisal fee ; Document Uploaded.    05/11/2026    Valid COC provided for increase in appraisal fee, CDA required but cost included in appraisal fee; exception resolved ; Valid COC provided for increase in appraisal fee, CDA required but cost included in appraisal fee; exception resolved ;. COC in the file dated XX/XX/XXXX simply States appraisal fee added but does not provide a sufficient reason for the increase and the date does not match documentation in the file.    05/12/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    C    A    C    A    A    A    A    A    C    A    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
110         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   04/23/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    04/24/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    C    A    A    A    A    A    A    A    C    A    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
111         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   04/24/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    04/29/2026    Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
111         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   04/27/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    04/29/2026    Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
109         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   04/29/2026    Resolved    FCRE7497    Credit    Missing
verification
of taxes,
insurance,
and/or
HOA fees
for non-
subject
property
   Missing verification of real eState taxes for XXX properties located at XXX and XXX.    Document Uploaded.    05/11/2026    Documentation is sufficient. Tax information provided. Exception resolved.    05/12/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    D    A    D    A    D    A    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
109         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   04/28/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    04/30/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    D    A    A    A    D    A    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
109         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   04/29/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    04/30/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    D    A    A    A    D    A    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
103         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   04/29/2026    Resolved    FCRE1164    Credit    Flood
Insurance
Policy
Missing
   Missing Flood Insurance Policy The file did not contain the actual policy but the information was found on the CD.    Document Uploaded.    05/11/2026    Flood Insurance Policy is fully present. Condition cleared.    05/12/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    D    A    D    A    D    A    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
103         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   04/30/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan.              Informational    04/30/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    D    A    A    A    D    A    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
103         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   04/30/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    04/30/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    D    A    A    A    D    A    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
158         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   04/29/2026    Resolved    finding-
3634
   Compliance    Charges
That
Cannot
Increase
Test
   This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i) One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX lease see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures. An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). TILA 130b Cure Required. Refund in the amount of $XXX; cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery or Valid COC. The zero tolerance violation in the amount of XXX is due to the addition of Discount Points added to the final CD dated XX/XX/XXXX. File does not contain any COC’s. There is a reimbursement on the CD in the amount of XXX which were applied to the addition of the MERS fees added to the initial CD.    Document Uploaded.    05/11/2026    Valid COC provided — exception resolved; Valid COC provided — exception resolved    05/12/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 60% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 60% is less than Guideline LTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job.    C    A    C    A    A    A    A    A    C    A    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
158         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   04/30/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
   The loan meets all applicable credit guidelines. The loan meets all applicable credit guidelines.              Informational    04/30/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 60% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 60% is less than Guideline LTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job.    C    A    A    A    A    A    A    A    C    A    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
158         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   04/30/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan.              Informational    04/30/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 60% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 60% is less than Guideline LTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job.    C    A    A    A    A    A    A    A    C    A    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
99         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/05/2026    Resolved    FCRE7496    Credit    Missing
Verification
of Subject
Property
Taxes,
Insurance,
HOA or
Other
Payments
   The XXX Transmittal Summary reflects the borrower is responsible for XXX in monthly HOA Dues on the subject property, However missing verification of HOA Dues    Document Uploaded.    05/27/2026    Client provided copy of XXX with $XXX/XXX = XXX Dues per household. This increased the DTI to XXX%.    05/28/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 72.7% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 72.7% is less than Guideline CLTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    A    D    A    D    A    A    A    C    A    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
99         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/04/2026    Resolved    finding-
3634
   Compliance    Charges
That
Cannot
Increase
Test
   TILA 130b Cure Required. Refund in the amount of $XXX; cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery or Valid COC. The zero tolerance violation in the amount of XXX is due to the addition of the Appraisal Re-Inspection fee on the LE dated XX/XX/XXXX. The UCDP report was originally submitted on XX/XX/XXXX however fee was not disclosed to the borrower until XX/XX/XXXX which is not within XXX days of the increase. This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i) One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX lease see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures. An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).    Document Uploaded.    05/15/2026    valid COC provided, exception resolved; valid COC provided, exception resolved    05/18/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 72.7% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 72.7% is less than Guideline CLTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    A    C    A    D    A    A    A    C    A    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
99         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/04/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    05/06/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 72.7% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 72.7% is less than Guideline CLTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    A    A    A    D    A    A    A    C    A    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
156         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/05/2026    Resolved    FCRE1964    Credit    Missing
income
documentation
   The loan file contained the Final 1003 reflected B2 as XXX with XXX% or more ownership; however, the XXX K-XXX reflects borrower has XXX% ownership. WVOE, dated XX/XX/XXXX, was provided reflecting the business is located at the borrower’s primary address and the verbal verification of employment, dated XX/XX/XXXX does not reflect any ownership. The loan file also contained the Articles of Incorporation and XXX search which only reflects the borrower as a member. The loan file contained an UW Submission Coversheet, dated XX/XX/XXXX, reflecting there was an error on the 1003 and the K-XXX provided evidence of XXX% ownership. The loan file also contained an initial 1003 dated XX/XX/XXXX, which reflected XXX% ownership, and an unsigned 1003 reflecting less than XXX% Provide documentation for clarification of the current percentage of ownership in the business. Other conditions may apply.    Document Uploaded. I engaged the underwriting team, please see their response attached    05/26/2026    UW response and snippets provided.    05/27/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    B    D    A    D    B    A    A    C    B    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B
156         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/05/2026    Acknowledged    FCRE7347    Credit    Missing Lease
Agreement
   The final loan application reflected the property located at XXX , XXX was leased for XXX per month. The loan file contained the lease agreement, dated XX/XX/XXXX, reflecting rental income of XXX with the tenant’s name as XXX. The lease reflected a total payment required of XXX ($XXX rent + XXX security deposit). The loan file contained XXX #XXX reflecting a deposit of XXX was received on XX/XX/XXXX, which was the day prior to the lease being signed. In addition, the lease reflected B1 as XXX and the pages were initialed by B1 and signed by B1 on page XXX; however, page XXX of lease reflects a broker representing the XXX. The loan file also contained a XXX search of the tenant, dated XX/XX/XXXX which reflected the tenant just purchased a home XX/XX/XXXX. The loan file contained the XXX search on the property, dated XX/XX/XXXX, which reflected estimated rent of XXX The loan file also contained a XXX Review which reflected an issue with the lease. Lender to provide clarification and documentation to support the use of the lease.    Document Uploaded. I engaged the underwriting team, please see their response attached    05/26/2026    Evidence of GL exception applied at origination allowing XXX rental income to be used for qualification provided. Current fully executed lease, 1007/1025, and evidence of security deposit and first month’s rent obtained and provided in addition to tenant’s drivers license which was determined sufficient documentation to evidence tenants eligibility. Finding acknowledged/downgraded.    05/27/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    B    D    B    D    B    A    A    C    B    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B
156         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/05/2026    Resolved    FCRE1204    Credit    Fraud Report
Shows
Uncleared
Alerts
   Fraud Report Shows Uncleared Alerts The fraud report, dated XX/XX/XXXX reflects uncleared high alerts for Borrower 1 for self-employment, current residence address matches employer address from business search. The loan file contained the Final 1003 reflected borrower as XXX with XXX% or more ownership; however, the XXX K-XXX reflects borrower has XXX% ownership. WVOE, dated XX/XX/XXXX, was provided reflecting the business is located at the borrower’s primary address and the verbal verification of employment, dated XX/XX/XXXX does not reflect any ownership. The loan file also contained the Articles of Incorporation and XXX search which only reflects the borrower as a member. Provide documentation for clarification of the percentage of ownership in the business. Other conditions may apply.    Document Uploaded. I engaged the underwriting team, please see their response attached    05/26/2026    All Fraud Report Alerts have been cleared or None Exist; Client provided responses, fraud evidence and identification evidence.    05/27/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    B    C    A    D    B    A    A    C    B    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
156         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/05/2026    Resolved    FCRE9995    Credit    Audited
Reserves are
less than
Guideline
Required
Reserves
(Dollar
Amount)
  Audited Reserves of XXX are less than Guideline Required Reserves of $XXX. The lender’s guidelines require XXX months PITIA reserves for subject property and XXX months monthly PITIA for each additional property when financed properties have an aggregate balance of over XXX The borrowers have two properties with a total of XXX mortgages with an outstanding balance of XXX The borrower is short reserves in the amount of $XXX.    Document Uploaded. Borrowers have sufficient funds — Required funds: XXX (EMD XXX + gift XXX = subtotal XXX + reserves $XXX) — Verified funds: XXX (EMD XXX + gift XXX + cash $XXX) XXX #XXX XX/XX/XXXX XX/XX/XXXX XXX #XXX XX/XX/XXXX XX/XX/XXXX XX/XX/XXXX XX/XX/XXXX EMD cleared XX/XX/XXXX ; Document Uploaded. Per the attached asset worksheet, borrowers have verified sufficient fund to cover required reserves.    05/21/2026    Audited Reserves of XXX are equal to or greater than AUS Required Reserves of $XXX.; Audited Reserves of XXX are less than Guideline Required Reserves of $XXX.; Audited Reserves of XXX are less than Guideline Required Reserves of $XXX. The lender’s guidelines require XXX months PITIA reserves for subject property and XXX months monthly PITIA for each additional property when financed properties have an aggregate balance of over XXX The borrowers have two properties with a total of XXX mortgages with an outstanding balance of XXX The borrower is short reserves in the amount of $XXX. Exception remains as lender used XXX months reserves for subject property on the worksheet provided vs XXX months required y guidelines.    05/22/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    B    C    A    D    B    A    A    C    B    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B
156         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/05/2026    Acknowledged    finding-
3367
   Compliance    RESPA
Homeownership
Counseling
Organizations
Disclosure Date
Test
  This loan failed the homeownership counseling organizations disclosure date test due to the following findings: (12 CFR §1024.20(a) The loan has a homeownership counseling organizations disclosure date that is not within three business days of the loan Originator’s XXX (or the date XXX received application if loan Originator’s XXX is not provided); or The homeownership counseling organizations disclosure date is after the closing date. Not later than three business days after a lender, mortgage broker, or dealer receives an application, or information sufficient to complete an application, the lender must provide the loan applicant with a clear and conspicuous written list of homeownership counseling organizations that provide relevant counseling services in the loan applicant’s location. The list of homeownership counseling organizations distributed to each loan applicant under this section shall be obtained no earlier than XXX days prior to the time when the list is provided to the loan applicant from either:(XXX The website maintained by the Bureau for lenders to use in complying with the requirements of this section; or(XXX made available by the Bureau or HUD for lenders to use in complying with the requirements of this section, provided that the data is used in accordance with instructions provided with the data. This calculation take into account a user-submitted designation of the days that the XXX’s office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1024.2(b) and as it relates to §1024.20 (list of homeownership counseling organizations provided not later than 3 business days after a loan originator receives an application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:NonePlease note: This test does not validate the content of any list of homeownership counseling organizations. Documentation required to clear exception: Provide homeownership counseling disclosure that was provided to the consumer within XXX-business days of application, XX/XX/XXXX.              ; Acknowledged, accepting 2/B grading    05/18/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    B    B    B    D    B    A    A    C    B    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B
156         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/05/2026    Resolved    finding-
3634
   Compliance    Charges That
Cannot Increase
Test
  This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i) One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX lease see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures. An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). TILA 130b Cure Required. Refund in the amount of $XXX: cure package requires a PCCD, LOE, Copy of Refund Check, and proof of delivery. The exception is tied to the missing Initial LE issued within XXX business days of the XXX of XX/XX/XXXX, as the earliest available LE is dated XX/XX/XXXX. Please provide the initial LE issued within XXX business days of the XXX of XX/XX/XXXX. Additional testing will be completed, once the initial LE is provided.    Document Uploaded.    05/15/2026    Initial LE provided — exception resolved; Initial LE provided — exception resolved    05/18/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    B    C    A    D    B    A    A    C    B    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
156         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/05/2026    Resolved    finding-
3635
   Compliance    Charges
That In
Total
Cannot
Increase
More Than
XXX%
Test
  This loan failed the charges that in total cannot increase more than XXX% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than XXX% XXX exceed the comparable charges XXX by more than XXX% Please see the table that displays the Charges That Cannot Increase More Than XXX% for a comparison of the data between the provided disclosures. An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than XXX percent;(B) The charge for the third-party service is not paid to the XXX or an affiliate of the XXX; and(C) The XXX permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi). TILA 130b Cure Required. Refund in the amount of $XXX: cure package requires a PCCD, LOE, Copy of Refund Check, and proof of delivery. The exception is tied to the missing Initial LE issued within XXX business days of the XXX of XX/XX/XXXX, as the earliest available LE is dated XX/XX/XXXX. Please provide the initial LE issued within XXX business days of the XXX of XX/XX/XXXX. Additional testing will be completed, once the initial LE is provided.    Document Uploaded.    05/15/2026    Initial LE provided — exception resolved; Initial LE provided — exception resolved    05/18/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    B    C    A    D    B    A    A    C    B    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B
156         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/05/2026    Resolved    finding-
3515
   Compliance    Initial
Loan
Estimate
Delivery
Date Test
(from
application)
  This loan failed the initial loan estimate delivery date test (from application) due to one of the following: (12 CFR §1026.19(e)(1)(iii)(A) The initial loan estimate delivery date is later than the third business day (counting days on which the XXX’s offices are open to the public for carrying on substantially all of its business functions) after the XXX or broker receives the consumer’s written application. Therefore, if additional disclosures are entered into ComplianceAnalyzer, any values that would change under a valid changed circumstance if the initial loan estimate had been delivered timely, will not reset the baseline for tolerance purposes. The comparable fees for this loan will be XXX regardless of the actual values on the disclosure. This calculation takes into account a user-submitted designation of the days that the XXX’s office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §XXX(a)(XXX) and as it relates to §1026.19(e)(1)(iii)(A) (initial loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:NoneThe XXX shall deliver or place in the mail the disclosures required under §1026.19(e)(1)(i) (provision of loan estimate form) not later than the third business day after the XXX receives the consumer’s application. Documentation required to clear exception. The Initial Loan Estimate dated XX/XX/XXXX (per compliance report in file) is missing from the loan file. The earliest LE in the loan file was issued on XX/XX/XXXX. The violation can be cured by providing the initial LE within XXX days of XX/XX/XXXX.    Document Uploaded.    05/15/2026    Initial LE provided — exception resolved; Initial LE provided — exception resolved    05/18/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    B    C    A    D    B    A    A    C    B    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B
156         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/05/2026    Resolved    FCRE9785    Credit    Purchase
Contract is
Incomplete
  Loan Purpose is Purchase but Purchase Contract Doc is Incomplete The Purchase Agreement reflects a loan amount of $XXX; however, the Note evidences a loan amount of XXX Please provide a fully executed addendum to the Purchase Agreement reflecting the updated loan amount to ensure consistency across all loan documentation.    This is not a valid request. The loan amount can change without an addendum being issued. If the Sales Price changed, then an addendum would be required.    05/11/2026    Upon further review, the file contains a complete contract. Addendum for the purchase price States “All other terms and conditions remain the same.” Condition cleared. ; Purchase Contract Doc is complete.    05/11/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    B    B    A    D    B    A    A    C    B    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
156         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/05/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan.              Informational    05/06/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    B    A    A    D    B    A    A    C    B    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B
172         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/04/2026    Resolved    FCRE1201    Credit    Third
Party
Fraud
Report not
Provided
   Missing Third Party Fraud Report Missing Third Party Fraud Report    Document Uploaded.    05/14/2026    Documentation provided is sufficient. Exception resolved.; Third Party Fraud Report is provided    05/15/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    B    D    A    D    A    A    A    B    B    D    D    A    B    D    D    A    B    D    D    A    B    D    D    A    B    D    D    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
172         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/05/2026    Acknowledged    FCOM5135    Compliance    Missing
Required
Affiliated
Business
Disclosure
   Required Affiliated Business Disclosure Missing. Documentation required to clear exception: Please provide proof that the Affiliated Business Disclosure was provided prior to closing or provide confirmation that the lender has no affiliates.              Acknowledged, accepting 2/B grading    05/07/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    B    B    B    D    A    A    A    B    B    D    D    A    B    D    D    A    B    D    D    A    B    D    D    A    B    D    D    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
172         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/04/2026    Resolved    FPRO8998    Property    No Property
Findings
  Property and valuations related findings were not identified on the loan.              Informational    05/06/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    B    A    A    D    A    A    A    B    B    D    D    A    B    D    D    A    B    D    D    A    B    D    D    A    B    D    D    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
102         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/08/2026    Resolved    FCRE3978    Credit    Missing Letter
of Explanation
(Credit)
  B2’s application reflects in Section XXX: Declarations, XXX that B2 is a co-signer or guarantor on any debt or loan that is not disclosed on the application. The loan file does not contain the documentation regarding this debt or loan. Other conditions may apply.    Document Uploaded. Not a co-signer    05/29/2026    LOX provided by borrower. “This letter is to confirm I am not a co-signer or guarantor on any debt or loan that was not disclosed on my loan application. That question was mistakenly marked as “Yes” on my loan application, but it should be marked “No”. Resolved    06/01/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    D    B    D    A    D    B    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A
102         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/08/2026    Resolved    FCRE4104    Credit    Missing
explanation
and
supporting
documentation
for large
deposit(s)
  XXX States when depository assets are used to support the amount of funds required and reserves, document that any deposit that exceeds XXX that is being used for the down payment, closing costs, or financial reserves is from an acceptable source. XXX also reflects assets with XXX checking in the amount of XXX are being used. XXX months bank Statements for XXX checking #XXX, XX/XX/XXXX to XX/XX/XXXX and XX/XX/XXXX to XX/XX/XXXX with a current balance of XXX reflect a large deposit on XX/XX/XXXX in the amount of XXX The loan file is missing the documentation for the large deposit.    Document Uploaded. Assets required are XXX + XXX + XXX = $XXX. The large deposit of XXX was backed out and not used. Total Assets are XXX which are sufficient ($XXX + XXX + XXX + XXX + $XXX)    05/18/2026    Documentation is sufficient. LOE for deposit provided. Exception resolved.    05/19/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    D    B    D    A    D    B    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
102         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/08/2026    Acknowledged    FCRE9785    Credit    Purchase
Contract is
Incomplete
   Loan Purpose is Purchase but Purchase Contract Doc is Incomplete The Purchase Agreement reflects a loan amount of $XXX; however, the Note evidences a loan amount of XXX Please provide a fully executed addendum to the Purchase Agreement reflecting the updated loan amount to ensure consistency across all loan documentation.         Acknowledged, accepting 2/B grading.    05/13/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    D    B    B    B    D    B    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A
102         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/08/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan.              Informational    05/11/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    D    B    A    A    D    B    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A
102         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/08/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    05/11/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    D    B    A    A    D    B    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
107         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/08/2026    Resolved    FCRE6763    Credit    Income
documentation
does not meet
guidelines
   1003 States Other Income of XXX which is described of distribution of a shared ownership in a surgery center/contract. The contract supporting this income stream or any other verification is not in file.    Document Uploaded. ; Document Uploaded. Removed the “Other” income    05/28/2026    Lender removed other income and XXX income for XXX. Revised 1003, XXX and XXX received. Updated DTI remains within guidelines. Condition cleared.; 1003, XXX and XXX provided. Client States other income removed however only removed from 1003. XXX and XXX still reflect other income. Countered.    05/29/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum — Calculated LTV of 68.42% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 68.42% is less than Guideline CLTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    C    A    C    A    C    A    A    A    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
107         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/08/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    05/11/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum — Calculated LTV of 68.42% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 68.42% is less than Guideline CLTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    C    A    A    A    C    A    A    A    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
107         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/08/2026    Resolved    FPRO8998    Property    No Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    05/11/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum — Calculated LTV of 68.42% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 68.42% is less than Guideline CLTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    C    A    A    A    C    A    A    A    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
105         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/11/2026    Acknowledged    finding-
3367
   Compliance    RESPA
Homeownership
Counseling
Organizations
Disclosure Date
Test
  Documentation required to clear exception: Provide homeownership counseling disclosure that was provided to the consumer within XXX business days of application of XX/XX/XXXX. This loan failed the homeownership counseling organizations disclosure date test due to the following findings: (12 CFR §1024.20(a) The loan has a homeownership counseling organizations disclosure date that is not within three business days of the loan Originator’s XXX (or the date XXX received application if loan Originator’s XXX is not provided); or The homeownership counseling organizations disclosure date is after the closing date. Not later than three business days after a lender, mortgage broker, or dealer receives an application, or information sufficient to complete an application, the lender must provide the loan applicant with a clear and conspicuous written list of homeownership counseling organizations that provide relevant counseling services in the loan applicant’s location. The list of homeownership counseling organizations distributed to each loan applicant under this section shall be obtained no earlier than XXX days prior to the time when the list is provided to the loan applicant from either:(XXX The website maintained by the Bureau for lenders to use in complying with the requirements of this section; or(XXX made available by the Bureau or HUD for lenders to use in complying with the requirements of this section, provided that the data is used in accordance with instructions provided with the data. This calculation take into account a user-submitted designation of the days that the XXX’s office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1024.2(b) and as it relates to §1024.20 (list of homeownership counseling organizations provided not later than 3 business days after a loan originator receives an application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:As not being open on SundayAs not being open on SaturdayPLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company’s offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict. Please note: This test does not validate the content of any list of homeownership counseling organizations.              Acknowledged, accepting 2/B grading.    05/21/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    C    B    B    B    A    A    A    A    C    B    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
105         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/11/2026    Resolved    finding-
3634
   Compliance    Charges That
Cannot Increase
Test
  TILA 130b Cure Required. Refund in the amount of $XXX: cure package requires a PCCD, LOE, Copy of Refund Check, and proof of delivery. The exception is tied to the missing Initial LE issued within XXX business days of the XXX of XX/XX/XXXX, as the earliest provided LE is dated XX/XX/XXXX. Please provide the initial LE issued within XXX business days of the XXX of XX/XX/XXXX. Additional testing will be completed, once the initial LE is provided. This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i) One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX lease see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures. An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).    Document Uploaded.    05/20/2026    Initial LE provided — exception resolved; Initial LE provided — exception resolved    05/21/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    C    B    C    A    A    A    A    A    C    B    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
105         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/11/2026    Resolved    finding-
3635
   Compliance    Charges That In
Total Cannot
Increase More
Than XXX%
Test
  TILA 130b Cure Required. Refund in the amount of $XXX: cure package requires a PCCD, LOE, Copy of Refund Check, and proof of delivery. The exception is tied to the missing Initial LE issued within XXX business days of the XXX of XX/XX/XXXX, as the earliest provided LE is dated XX/XX/XXXX. Please provide the initial LE and Written List of Service Providers issued within XXX business days of the XXX of XX/XX/XXXX. Additional testing will be completed, once the initial LE is provided. This loan failed the charges that in total cannot increase more than XXX% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than XXX% XXX exceed the comparable charges XXX by more than XXX% Please see the table that displays the Charges That Cannot Increase More Than XXX% for a comparison of the data between the provided disclosures. An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than XXX percent;(B) The charge for the third-party service is not paid to the XXX or an affiliate of the XXX; and(C) The XXX permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).    Document Uploaded.    05/20/2026    Initial LE provided — exception resolved; Initial LE provided — exception resolved    05/21/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    C    B    C    A    A    A    A    A    C    B    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
105         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/11/2026    Resolved    finding-
3515
   Compliance    Initial
Loan
Estimate
Delivery
Date
Test
(from
application)
  Documentation required to clear exception. The Initial Loan Estimate dated XX/XX/XXXX (per compliance report in file) is missing from the loan file. The earliest LE in the loan file was issued on XX/XX/XXXX. The violation can be cured by providing the initial LE within XXX days of XX/XX/XXXX. This loan failed the initial loan estimate delivery date test (from application) due to one of the following: (12 CFR §1026.19(e)(1)(iii)(A) The initial loan estimate delivery date is later than the third business day (counting days on which the XXX’s offices are open to the public for carrying on substantially all of its business functions) after the XXX or broker receives the consumer’s written application. Therefore, if additional disclosures are entered into ComplianceAnalyzer, any values that would change under a valid changed circumstance if the initial loan estimate had been delivered timely, will not reset the baseline for tolerance purposes. The comparable fees for this loan will be XXX regardless of the actual values on the disclosure. This calculation takes into account a user-submitted designation of the days that the XXX’s office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §XXX(a)(XXX) and as it relates to §1026.19(e)(1)(iii)(A) (initial loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:As not being open on SundayAs not being open on SaturdayPLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company’s offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict. The XXX shall deliver or place in the mail the disclosures required under §1026.19(e)(1)(i) (provision of loan estimate form) not later than the third business day after the XXX receives the consumer’s application.    Document Uploaded.    05/20/2026    Initial LE provided — exception resolved; Initial LE provided — exception resolved    05/21/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    C    B    C    A    A    A    A    A    C    B    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
105         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/13/2026    Resolved    FPRO8998    Property    No
Property
Findings
  Property and valuations related findings were not identified on the loan.              Informational.    05/13/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    C    B    A    A    A    A    A    A    C    B    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
105         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/13/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
  The loan meets all applicable credit guidelines.              Informational.    05/13/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    C    B    A    A    A    A    A    A    C    B    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
115         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/11/2026    Resolved    FVAL9739    Property    Property/
Appraisal
General
   Property/Appraisal guideline violation: Deed of trust checked the PUD rider and PUD rider document is available in the loan package. However, the appraisal report identifies the XXX as XXX.    Document Uploaded.    06/01/2026    Property/Appraisal Meets Guidelines; Updated DOT with corrected rider section.    06/02/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    A    C    A    D    A    C    A    A    A    D    D    C    A    D    D    C    A    D    D    C    A    D    D    C    A    D    D    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
115         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/11/2026    Resolved    FCRE1201    Credit    Third Party
Fraud
Report not
Provided
   Missing Third Party Fraud Report Provide a copy of Fraud Report    Document Uploaded. Fraud reports    05/18/2026    Documentation is sufficient. Fraud report provided. Exception resolved.; Third Party Fraud Report is provided    05/19/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    A    D    A    D    A    C    A    A    A    D    D    C    A    D    D    C    A    D    D    C    A    D    D    C    A    D    D    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
115         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/11/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    05/11/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    A    A    A    D    A    C    A    A    A    D    D    C    A    D    D    C    A    D    D    C    A    D    D    C    A    D    D    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
171         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/12/2026    Resolved    finding-
3635
   Compliance    Charges
That In
Total
Cannot
Increase
More
Than
XXX%
Test
  This loan failed the charges that in total cannot increase more than XXX% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than XXX% XXX exceed the comparable charges XXX by more than XXX% Please see the table that displays the Charges That Cannot Increase More Than XXX% for a comparison of the data between the provided disclosures. An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than XXX percent;(B) The charge for the third-party service is not paid to the XXX or an affiliate of the XXX; and(C) The XXX permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi). TILA 130b Cure Required. Refund in the amount of $XXX: cure package requires a PCCD, LOE, Copy of Refund Check, and proof of delivery. The exception is tied to the missing Initial LE issued within XXX business days of the XXX of XX/XX/XXXX, as the earliest available LE is dated XX/XX/XXXX Please provide the initial LE issued within XXX business days of the XXX of XX/XX/XXXX. Additional testing will be completed, once the initial LE is provided.    Document Uploaded.    05/28/2026    Initial LE provided; exception resolved; Initial LE provided; exception resolved    05/28/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 71.43% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 71.43% is less than Guideline CLTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    B    C    A    D    A    A    A    C    B    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
171         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/12/2026    Resolved    finding-
3515
   Compliance    Initial
Loan
Estimate
Delivery
Date
Test
(from
application)
  This loan failed the initial loan estimate delivery date test (from application) due to one of the following: (12 CFR §1026.19(e)(1)(iii)(A) The initial loan estimate delivery date is later than the third business day (counting days on which the XXX’s offices are open to the public for carrying on substantially all of its business functions) after the XXX or broker receives the consumer’s written application. Therefore, if additional disclosures are entered into ComplianceAnalyzer, any values that would change under a valid changed circumstance if the initial loan estimate had been delivered timely, will not reset the baseline for tolerance purposes. The comparable fees for this loan will be XXX regardless of the actual values on the disclosure. This calculation takes into account a user-submitted designation of the days that the XXX’s office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §XXX(a)(XXX) and as it relates to §1026.19(e)(1)(iii)(A) (initial loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:As not being open on SundayAs not being open on SaturdayPLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company’s offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict. The XXX shall deliver or place in the mail the disclosures required under §1026.19(e)(1)(i) (provision of loan estimate form) not later than the third business day after the XXX receives the consumer’s application. Documentation required to clear exception. The Initial Loan Estimate dated XX/XX/XXXX (per Acknowledgment of Receipt) is missing from the loan file. The earliest LE in the loan file was issued on XX/XX/XXXX. The violation can be cured by providing the initial LE within XXX days of XXX XX/XX/XXXX    Document Uploaded.    05/28/2026    Initial LE provided; exception resolved; Initial LE provided; exception resolved    05/28/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 71.43% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 71.43% is less than Guideline CLTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    B    C    A    D    A    A    A    C    B    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
171         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/12/2026    Resolved    finding-
3634
   Compliance    Charges
That
Cannot
Increase
Test
  This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i) One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX lease see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures. An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). TILA 130b Cure Required. Refund in the amount of $XXX: cure package requires a PCCD, LOE, Copy of Refund Check, and proof of delivery. The exception is tied to the missing Initial LE issued within XXX business days of the XXX of XX/XX/XXXX as the earliest available LE is dated XX/XX/XXXX. Please provide the initial LE issued within XXX business days of the XXX of XX/XX/XXXX. Additional testing will be completed, once the initial LE is provided.    Document Uploaded.    05/28/2026    Initial LE provided; exception resolved; Initial LE provided; exception resolved    05/28/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 71.43% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 71.43% is less than Guideline CLTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    B    C    A    D    A    A    A    C    B    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
171         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/11/2026    Resolved    FCRE1201    Credit    Third
Party
Fraud
Report
not
Provided
  Missing Third Party Fraud Report Missing Third Party Fraud Report    Document Uploaded.    05/22/2026    Third Party Fraud Report is provided; Fraud evidence provided.    05/26/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 71.43% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 71.43% is less than Guideline CLTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    B    D    A    D    A    A    A    C    B    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
171         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/11/2026    Resolved    FPRO8998    Property    No
Property
Findings
  Property and valuations related findings were not identified on the loan.              Informational    05/14/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 71.43% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 71.43% is less than Guideline CLTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    B    A    A    D    A    A    A    C    B    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
171         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/12/2026    Acknowledged    FCOM3849    Compliance    Evidence
of
Appraisal
Delivery
to
Borrower
not
Provided
or Late
(12 CFR
1002.14(a)(1))
  The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR XXX(a)(XXX)). Documentation required to clear exception: The document provided indicates that the borrower either received, or chose to waive the right to receive the appraisal at least XXX days prior to consummation, but does not confirm the borrower received the appraisal at or prior to consummation.  Provide documentation to show the date the borrower received the appraisal to confirm it was received by the borrower timely.              Acknowledged, accepting 2/B grading    05/14/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 71.43% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 71.43% is less than Guideline CLTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    B    B    B    D    A    A    A    C    B    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
171         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/12/2026    Acknowledged    FCOM5135    Compliance    Missing
Required
Affiliated
Business
Disclosure
   Required Affiliated Business Disclosure Missing. Documentation required to clear exception: Please provide proof that the Affiliated Business Disclosure was provided prior to closing or provide confirmation that the lender has no affiliates.              Acknowledged, accepting 2/B grading    05/14/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 71.43% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 71.43% is less than Guideline CLTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    B    B    B    D    A    A    A    C    B    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
171         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/13/2026    Acknowledged    FCOM1266    Compliance    Homeownership
Counseling
Disclosure Is
Missing
   Homeownership Counseling Disclosure Is Missing Documentation required to clear exception: Provide homeownership counseling disclosure that was provided to the consumer within XXX-business days of application, XX/XX/XXXX.              Acknowledged, accepting 2/B grading    05/14/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 71.43% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 71.43% is less than Guideline CLTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    B    B    B    D    A    A    A    C    B    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
136         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/11/2026    Resolved    FPRO8998    Property    No Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    05/14/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
136         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/11/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    05/14/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
136         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/12/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    05/14/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
104         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/14/2026    Resolved    finding-
3532
   Compliance    Initial
Closing
Disclosure
Delivery
Date Test
   This loan failed the initial closing disclosure delivery date test due to one of the following findings:(12 CFR §1026.19(f)(1)(ii) The initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:“USPS First Class Mail” or “Electronic Delivery” or blank, and the initial closing disclosure delivery date is less than six business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or”In Person” and the initial closing disclosure delivery date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or The initial closing disclosure receipt date is provided and the initial closing disclosure receipt date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction The XXX shall ensure that the consumer receives the disclosures required under paragraph §1026.19(f)(1)(i) no later than three business days before consummation. Without evidence of receipt, it is assumed that the disclosure dated XX/XX/XXXX was mailed, and therefore not received by the consumer prior to the consummation date XX/XX/XXXX . The violation can be cured by providing proof of delivery/receipt of Initial CD at least XXX days prior to closing.    Document Uploaded. ; Document Uploaded.    05/28/2026    Initial CD receipt date provided; exception resolved; Initial CD receipt date provided; exception resolved    05/29/2026    Borrower has stable job time — Borrower has XXX years on job.    C    A    C    A    A    A    A    A    C    A    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
104         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/14/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    05/15/2026    Borrower has stable job time — Borrower has XXX years on job.    C    A    A    A    A    A    A    A    C    A    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
104         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/14/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    05/15/2026    Borrower has stable job time — Borrower has XXX years on job.    C    A    A    A    A    A    A    A    C    A    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
108         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/14/2026    Resolved    FCRE1253    Credit    Missing
Property
Tax
Cert
   Missing Property Tax Cert Provide Property tax documentation to support monthly payments of XXX tax document provided reflects payments of $XXX.    Document Uploaded.    06/01/2026    Property Tax Cert Provided; Client response along with updated 1003 and XXX provided.    06/02/2026    Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 75% is less than Guideline LTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    A    C    A    D    A    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
108         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/14/2026    Resolved    FCRE1185    Credit    AUS
Partially
Provided
   AUS Partially Provided. Provide all pages to Submission number XXX file contains XXX page additional XXX Submissions reflect XXX pages.    Document Uploaded.    05/19/2026    AUS is not incomplete.; Full AUs provided.    05/20/2026    Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 75% is less than Guideline LTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    A    D    A    D    A    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
108         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/14/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan.              Informational    05/15/2026    Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 75% is less than Guideline LTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    A    A    A    D    A    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
108         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/14/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    05/15/2026    Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 75% is less than Guideline LTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    A    A    A    D    A    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
113         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/14/2026    Resolved    finding-
3634
   Compliance    Charges
That
Cannot
Increase
Test
   This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i) One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX lease see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures. An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). TILA 130b Cure Required. Refund in the amount of $XXX; cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery or Valid COC. The zero tolerance violation in the amount of XXX is due to increase from XXX to XXX for the Mortgage Broker Fee on the initial CD issued XX/XX/XXXX. The loan file does not contain a valid COC for the addition of the fee.    Document Uploaded.    05/29/2026    Valid COC provided, Exception resolved; Valid COC provided, Exception resolved    06/01/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    A    C    A    D    A    A    A    C    A    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
113         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/14/2026    Resolved    FCRE7497    Credit    Missing
verification
of taxes,
insurance,
and/or
HOA fees
for non-
subject
property
   For XXX property located at XXX , the HOA dues are Stated on the 1003 but are not verified in the file.    Document Uploaded. XXX    05/26/2026    HOA evidence provided for REO in question    05/26/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    A    D    A    D    A    A    A    C    A    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
113         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/14/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    05/15/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    A    A    A    D    A    A    A    C    A    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
118         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/14/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines. The loan meets all applicable credit guidelines.              Informational    05/15/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
118         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/14/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan.              Informational    05/15/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
118         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/14/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    05/15/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
125         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/14/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    05/15/2026    Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
125         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/14/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    05/15/2026    Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
125         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/14/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    05/15/2026    Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
129         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/15/2026    Acknowledged    FCRE9178    Credit    Borrower
has less
than XXX
FICO
scores and
does not
meet
minimum
required to
be scored.
   Borrower has less than XXX FICO scores and does not meet minimum required to be scored.              Acknowledged, accepting 2/B grading; Borrower(s) FICO score meets guidelines.; Borrower has less than XXX FICO scores and does not meet minimum required to be scored.    05/16/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    B    B    B    B    B    B    A    A    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A
129         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/14/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    05/15/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    B    B    A    A    B    B    A    A    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A
129         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/15/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    05/15/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    B    B    A    A    B    B    A    A    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
137         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/14/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    05/15/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
137         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/14/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines. The loan meets all applicable credit guidelines.              Informational    05/15/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
137         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/14/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan.              Informational    05/15/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
140         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/14/2026    Resolved    FCRE1157    Credit    Hazard
Insurance
Policy is
Missing
  Missing Hazard Insurance Policy HOI coverage dec page was not provided at the time of review    Document Uploaded. Insurance in file    05/22/2026    Hazard Insurance Policy is fully present; HOI provided.    05/26/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    B    D    A    D    A    A    A    B    B    D    D    A    B    D    D    A    B    D    D    A    B    D    D    A    B    D    D    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
140         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/14/2026    Acknowledged    FCOM3849    Compliance    Evidence
of
Appraisal
Delivery
to
Borrower
not
Provided
or Late
(12 CFR
1002.14(a)(1))
  The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR XXX(a)(XXX)). Documentation required to clear exception: Evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date is required, but missing from the file.              Acknowledged, accepting 2/B grading    05/16/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    B    B    B    D    A    A    A    B    B    D    D    A    B    D    D    A    B    D    D    A    B    D    D    A    B    D    D    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
140         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/15/2026    Resolved    FPRO8998    Property    No
Property
Findings
  Property and valuations related findings were not identified on the loan.              Informational    05/15/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    B    A    A    D    A    A    A    B    B    D    D    A    B    D    D    A    B    D    D    A    B    D    D    A    B    D    D    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
157         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/14/2026    Resolved    FCRE1186    Credit    Audited DTI
Exceeds
AUS DTI
   Audited DTI of XXX% exceeds AUS DTI of XXX% Max XXX% DTI. Re-run AUS and or provide income documentation to support additional income.    Document Uploaded.    05/28/2026    FU Audit updated B2 income to match lender’s income of $XXX. FU Audit’s YTD and Prior Yr W2 Monthly income = $XXX. YTD Income = XXX per month (Lender’s income more conservative). Audit’s revised DTI = XXX within XXX% threshold.; Audited DTI of XXX% is less than or equal to AUS DTI of XXX%    06/01/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 63.06% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 63.06% is less than Guideline LTV of 89.99%    D    A    C    A    D    A    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
157         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/14/2026    Resolved    FCRE1347    Credit    Borrower 2
3rd Party
VOE Prior
to Close
Missing
   Borrower 2 3rd Party VOE Prior to Close Missing.    Document Uploaded.    05/28/2026    Lender provided the VVOE for the coborrower within XXX days of closing. Condition cleared. ; Borrower 2 3rd Party VOE Prior to Close Was Provided or Not Applicable (Number of Borrowers equals XXX).    06/01/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 63.06% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 63.06% is less than Guideline LTV of 89.99%    D    A    D    A    D    A    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
157         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/14/2026    Resolved    FCRE1437    Credit    Income and
Employment
Do Not
Meet
Guidelines
   Income and Employment Do Not Meet Guidelines    Document Uploaded.    05/28/2026    Lender provided the VVOE for the coborrower within XXX days of closing. Condition cleared. ; Income and Employment Meet Guidelines    06/01/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 63.06% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 63.06% is less than Guideline LTV of 89.99%    D    A    C    A    D    A    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
157         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/14/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    05/15/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 63.06% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 63.06% is less than Guideline LTV of 89.99%    D    A    A    A    D    A    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
163         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/15/2026    Resolved    finding-
3652
   Compliance    Lender
Credits
That
Cannot
Decrease
Test
   This loan failed the lender credits that cannot decrease test. (12 CFR §1026.19(e)(3)(i) The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits XXX does not exceed or equal the comparable sum of specific and non-specific lender credits ($XXX). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures. An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). TILA 130 Cure Required. Refund in the amount of $XXX; cure package requires a PCCD, LOE, Copy of Refund Check, or Valid COC. The lender credit tolerance violation in the amount of XXX is due to decrease in Lender Credit from XXX to XXX on the CD dated XX/XX/XXXX without valid COC.    Document Uploaded.    05/28/2026    Valid COC provided; exception resolved; Valid COC provided; exception resolved    05/29/2026    Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 61.49% is less than Guideline LTV of 80% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 61.49% is less than Guideline CLTV of 80%    C    A    C    A    A    A    A    A    C    A    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
163         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/14/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    05/15/2026    Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 61.49% is less than Guideline LTV of 80% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 61.49% is less than Guideline CLTV of 80%    C    A    A    A    A    A    A    A    C    A    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
163         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/14/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    05/15/2026    Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 61.49% is less than Guideline LTV of 80% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 61.49% is less than Guideline CLTV of 80%    C    A    A    A    A    A    A    A    C    A    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
114         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/18/2026    Acknowledged    FVAL9739    Property    Property/
Appraisal
General
   Property/Appraisal guideline violation: Properties zoned agricultural are eligible but subject property holds a XXX making it Ineligible.    Document Uploaded. ; My apologies for the obscure document! XXX, XXX in Credit Review, made an exception (Single Loan Variance) to accept this property even though it’s outside our guidelines. ; Document Uploaded.    06/04/2026    Auditor Response: Lender uploaded approved exception: Exception Request: Based on profile, property does not meet guidelines. Compensating Factors: Credit Score, LTV, Housing History, Job Stability. Size of chicken coops on site are the typical size of residential chicken coops. No income derived from agricultural purposes and no other agricultural related structures on the property.    06/05/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    C    B    C    B    A    A    C    B    A    A    C    A    C    A    C    A    C    A    C    A    C    A    C    A    C    A    C    A    C    A    B    A    B    A    B    A    B    A    B    A    B    A    B    A    B    A    B    A    B    A
114         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/18/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    05/20/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    C    B    A    A    A    A    C    B    A    A    C    A    C    A    C    A    C    A    C    A    C    A    C    A    C    A    C    A    C    A    B    A    B    A    B    A    B    A    B    A    B    A    B    A    B    A    B    A    B    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
114         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/18/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    05/20/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    C    B    A    A    A    A    C    B    A    A    C    A    C    A    C    A    C    A    C    A    C    A    C    A    C    A    C    A    C    A    B    A    B    A    B    A    B    A    B    A    B    A    B    A    B    A    B    A    B    A
116         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/18/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan.              Informational    05/20/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
116         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/18/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    05/20/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
122         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/19/2026    Resolved    FCRE1204    Credit    Fraud
Report
Shows
Uncleared
Alerts
   Fraud Report Shows Uncleared Alerts The fraud report dated XX/XX/XXXX has uncleared high alerts. XXX guidelines dated XX/XX/XXXX require any potential findings to be cleared prior to close.    Document Uploaded. Additional note: The XXX is XXX.; Document Uploaded. The Fraud Alerts are around the borrower’s XXX XXX. He is a XXX so it’s unlikely he would have filed a business license. We did verify his self-employment.    05/29/2026    Documentation provided is sufficient. Exception resolved.; All Fraud Report Alerts have been cleared or None Exist    06/01/2026    Borrower has stable job time — Borrower has XXX years on job. | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 70% is less than Guideline CLTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original LTV is Below the Guideline Maximum — Calculated LTV of 70% is less than Guideline LTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    C    A    C    A    C    A    A    A    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
122         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/18/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    05/20/2026    Borrower has stable job time — Borrower has XXX years on job. | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 70% is less than Guideline CLTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original LTV is Below the Guideline Maximum — Calculated LTV of 70% is less than Guideline LTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    C    A    A    A    C    A    A    A    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
122         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/18/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    05/20/2026    Borrower has stable job time — Borrower has XXX years on job. | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 70% is less than Guideline CLTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original LTV is Below the Guideline Maximum — Calculated LTV of 70% is less than Guideline LTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    C    A    A    A    C    A    A    A    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
128         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/18/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines. The loan meets all applicable credit guidelines.              Informational    05/20/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
128         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/18/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan.              Informational    05/20/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
128         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/18/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    05/20/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
130         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/18/2026    Resolved    FCRE5770    Credit    Borrower 1
Credit
Report is
Missing
   Borrower 1 Credit Report is Missing. Borrower 1 Credit Report is Missing.    Document Uploaded. Both Credit Report    05/22/2026    Documentation is sufficient. Credit report provided. Exception resolved.; Borrower 1 Credit Report is not missing.    05/26/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    D    A    D    A    D    A    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
130         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/18/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    05/20/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    D    A    A    A    D    A    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
130         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/18/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    05/20/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    D    A    A    A    D    A    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
138         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/18/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines. The loan meets all applicable credit guidelines.              Informational    05/20/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
138         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/18/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan.              Informational    05/20/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
138         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/18/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    05/20/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
170         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/19/2026    Resolved    FPRO9990    Property    Third
Party
Valuation
Product
Not
Provided
within
XXX%
Tolerance
  Third Party Valuation Product Not Provided or Not Provided Within Tolerance.    Document Uploaded.    05/29/2026    Documentation provided is sufficient. Exception resolved.; Third party valuation product provided within tolerance.    06/01/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 66.71% is less than Guideline LTV of 80% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 66.71% is less than Guideline CLTV of 80% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    C    B    C    A    A    A    C    A    B    B    C    A    C    B    C    A    C    B    C    A    C    B    C    A    C    B    C    A    C    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
170         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/18/2026    Acknowledged    FCOM5135    Compliance    Missing
Required
Affiliated
Business
Disclosure
  Required Affiliated Business Disclosure Missing. Documentation required to clear exception: Please provide proof that the Affiliated Business Disclosure was provided prior to closing or provide confirmation that the lender has no affiliates.              Acknowledged, accepting 2/B grading    05/19/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 66.71% is less than Guideline LTV of 80% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 66.71% is less than Guideline CLTV of 80% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    C    B    B    B    A    A    C    A    B    B    C    A    C    B    C    A    C    B    C    A    C    B    C    A    C    B    C    A    C    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
101         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/18/2026    Resolved    finding-
3652
   Compliance    Lender
Credits
That
Cannot
Decrease
Test
  This loan failed the lender credits that cannot decrease test. (12 CFR §1026.19(e)(3)(i) The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits XXX does not exceed or equal the comparable sum of specific and non-specific lender credits ($XXX). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures. An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). TILA 130b Cure Required. Refund in the amount of $XXX; cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery or Valid COC. The lender credit tolerance violation in the amount of XXX is due to decrease in Lender Credit from XXX on Initial LE to XXX on CD dated XX/XX/XXXX without a COC.    Document Uploaded.    06/01/2026    Valid COC provided; exception resolved; Valid COC provided; exception resolved    06/02/2026    Original CLTV is Below the Guideline Maximum — Calculated CLTV of 56.14% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 56.14% is less than Guideline LTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX.    C    A    C    A    A    A    C    A    C    A    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
101         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/19/2026    Resolved    FPRO9990    Property    Third
Party
Valuation
Product
Not
Provided
within
XXX%
Tolerance
  Third Party Valuation Product Not Provided or Not Provided Within Tolerance. The collateral underwriter score is XX/XX/XXXX    Document Uploaded. Provided in original submission    06/01/2026    Third Party Valuation Product Not Provided or Not Provided Within Tolerance. XXX value is higher which is acceptable over XXX% ; XXX provided. Value date XX/XX/XXXX    06/02/2026    Original CLTV is Below the Guideline Maximum — Calculated CLTV of 56.14% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 56.14% is less than Guideline LTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX.    C    A    C    A    A    A    C    A    C    A    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
101         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/20/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
  The loan meets all applicable credit guidelines.              Informational    05/20/2026    Original CLTV is Below the Guideline Maximum — Calculated CLTV of 56.14% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 56.14% is less than Guideline LTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX.    C    A    A    A    A    A    C    A    C    A    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
112         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/19/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
  The loan meets all applicable credit guidelines.              Informational    05/20/2026    Borrower has stable job time — Borrower has XXX years on job. | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 59.56% is less than Guideline CLTV of 80% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum — Calculated LTV of 59.56% is less than Guideline LTV of 80%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
112         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/20/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    05/20/2026    Borrower has stable job time — Borrower has XXX years on job. | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 59.56% is less than Guideline CLTV of 80% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum — Calculated LTV of 59.56% is less than Guideline LTV of 80%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
124         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/15/2026    Resolved    FCRE1186    Credit    Audited DTI
Exceeds
AUS DTI
   Audited DTI of XXX% exceeds AUS DTI of XXX% Borrower is an XXX XXX and is paid semi monthly. Lender qualified the borrower with XXX base earnings. Paystub reflects borrower YTD XXX pay is XXX which does not support the qualifying income. Paystub reflects “XXX XXX/XXX” pay, however there is no clarification in the loan file to determine if the borrower already earned the advance or if the advance is for future work. Audit calculated income of XXX using an average of YTD earnings since it is less that prior year W2 earnings which includes the additional incomes. Provide explanation/documentation to justify including the XXX pay.              AUS updated to accept a paystub and a W-2 from the prior year. Exception resolved.; Audited DTI of XXX% is less than or equal to AUS DTI of XXX%    06/02/2026    Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 65.88% is less than Guideline LTV of 80% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 65.88% is less than Guideline CLTV of 80%    D    B    C    A    D    B    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A
124         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/15/2026    Resolved    FCRE1437    Credit    Income and
Employment
Do Not
Meet
Guidelines
   Income and Employment Do Not Meet Guidelines XXX approval required the most recent XXX year W2 to be provide. Loan file only contains prior year W2.    Document Uploaded. ; Document Uploaded.    06/01/2026    AUS updated to accept a paystub and a W-2 from the prior year. Exception resolved.; Income and Employment Meet Guidelines; Per AUS, W-2s that covers the most recent two-year period are required, however, only Year XXX W-2 was provided. Exception remains.    06/02/2026    Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 65.88% is less than Guideline LTV of 80% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 65.88% is less than Guideline CLTV of 80%    D    B    C    A    D    B    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
124         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/15/2026    Resolved    FCRE1316    Credit    Borrower 1
3rd Party
VOE Prior
to Close
Missing
   Borrower 1 3rd Party VOE Prior to Close Missing. A prior to close verbal verification was not obtained Paystub provided is dated XX/XX/XXXX    Document Uploaded.    05/29/2026    Documentation provided is sufficient. Exception resolved.; Borrower 1 3rd Party VOE Prior to Close Was Provided.    06/02/2026    Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 65.88% is less than Guideline LTV of 80% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 65.88% is less than Guideline CLTV of 80%    D    B    D    A    D    B    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A
124         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/15/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan.              Informational    05/20/2026    Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 65.88% is less than Guideline LTV of 80% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 65.88% is less than Guideline CLTV of 80%    D    B    A    A    D    B    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A
124         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/18/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    05/20/2026    Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 65.88% is less than Guideline LTV of 80% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 65.88% is less than Guideline CLTV of 80%    D    B    A    A    D    B    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
124         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/15/2026    Acknowledged    FCRE1148    Credit    Title
Coverage
is Less
than
Subject
Lien
   Title Coverage Amount of XXX is Less than Total Amount of Subject Lien XXX Title Coverage Amount of XXX is Less than Total Amount of Subject Lien XXX              Acknowledged, accepting 2/B grading    05/19/2026    Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 65.88% is less than Guideline LTV of 80% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 65.88% is less than Guideline CLTV of 80%    D    B    B    B    D    B    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A
126         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/18/2026    Resolved    finding-
3634
   Compliance    Charges
That
Cannot
Increase
Test
   This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i) One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX lease see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures. An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). TILA 130b Cure Required. Refund in the amount of XXX cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery or Valid COC. The zero tolerance violation in the amount of XXX is due to increase from XXX to XXX for the Mortgage Broker Fee added to CD XX/XX/XXXX without a COC.    Document Uploaded.    06/01/2026    Valid COC with applicable LE provided; exception resolved; Valid COC with applicable LE provided; exception resolved    06/02/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    C    A    C    A    A    A    A    A    C    A    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
126         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/20/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    05/20/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    C    A    A    A    A    A    A    A    C    A    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
126         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/20/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    05/20/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    C    A    A    A    A    A    A    A    C    A    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
98         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/19/2026    Resolved    finding-
3652
   Compliance    Lender
Credits
That
Cannot
Decrease
Test
   This loan failed the lender credits that cannot decrease test. (12 CFR §1026.19(e)(3)(i) The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits XXX does not exceed or equal the comparable sum of specific and non-specific lender credits ($XXX). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures. An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). TILA 130b Cure Required. Refund in the amount of $XXX; cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery or Valid COC. The lender credit tolerance violation in the amount of XXX is due to decrease in Lender Credit from XXX to $XXX. The loan file does contain a valid COC for the decrease of this fee, however, the COC is dated XX/XX/XXXX and the Revised LE with the fee decrease was issued on XX/XX/XXXX.    Document Uploaded.    06/01/2026    Valid COC provided; Exception resolved; Valid COC provided; Exception resolved    06/02/2026    Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 79.81% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 79.81% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    C    A    C    A    C    A    A    A    C    A    C    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
98         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/19/2026    Resolved    finding-
3634
   Compliance    Charges
That
Cannot
Increase
Test
   This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i) One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX lease see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures. An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). TILA 130b Cure Required. Refund in the amount of $XXX; cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery or Valid COC. The zero tolerance violation in the amount of XXX is due to increase from XXX to XXX for the Points- Loan Discount Fee. The loan file does contain a valid COC for the increase of this fee, however, the COC is dated XX/XX/XXXX and the Revised LE with the fee increase was issued on XX/XX/XXXX.    Document Uploaded.    06/01/2026    Valid COC provided; Exception resolved; Valid COC provided; Exception resolved    06/02/2026    Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 79.81% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 79.81% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    C    A    C    A    C    A    A    A    C    A    C    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
98         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/20/2026    Resolved    FCRE5774    Credit    Borrower
1 Credit
Report is
Incomplete
   Borrower 1 Credit Report is Partially Present. Credit report for B1 and B2 is missing. Please provide complete credit report dated XX/XX/XXXX for B1 and B2.    Document Uploaded.    05/22/2026    Borrower 1 Credit Report is not partially present.; Client provided Credit Report for B1 and B2. LM Updated.    05/26/2026    Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 79.81% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 79.81% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    C    A    C    A    C    A    A    A    C    A    C    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
98         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/20/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    05/20/2026    Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 79.81% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 79.81% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    C    A    A    A    C    A    A    A    C    A    C    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
123         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/19/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    05/20/2026    Original CLTV is Below the Guideline Maximum — Calculated CLTV of 65.9% is less than Guideline CLTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 65.9% is less than Guideline LTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
123         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/20/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    05/20/2026    Original CLTV is Below the Guideline Maximum — Calculated CLTV of 65.9% is less than Guideline CLTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 65.9% is less than Guideline LTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
123         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/20/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    05/20/2026    Original CLTV is Below the Guideline Maximum — Calculated CLTV of 65.9% is less than Guideline CLTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 65.9% is less than Guideline LTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
133         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/21/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    05/22/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
133         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/19/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    05/22/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
133         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/20/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    05/22/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
143         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/19/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    05/22/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 73.63% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 73.63% is less than Guideline CLTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
143         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/19/2026    Resolved    FCRE8999    Credit    No Credit
Findings
  The loan meets all applicable credit guidelines.              Informational    05/22/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 73.63% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 73.63% is less than Guideline CLTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
143         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/20/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
  The loan is in compliance with all applicable laws and regulations.              Informational    05/22/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 73.63% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 73.63% is less than Guideline CLTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
145         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/20/2026    Acknowledged    FCOM3849    Compliance    Evidence of
Appraisal
Delivery to
Borrower
not
Provided or
Late (12
CFR
1002.14(a)(1))
  The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR XXX(a)(XXX)). Documentation required to clear exception: Evidence confirming a copy of the appraisal was provided to the consumer at least XXX business days prior to the consummation date is required but missing from the file.              Acknowledged, accepting 2/B grading    05/22/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    B    B    B    B    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
145         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/19/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    05/22/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    B    B    A    A    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
145         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/19/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    05/22/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    B    B    A    A    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
154         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/19/2026    Acknowledged    FCRE1148    Credit    Title
Coverage
is Less
than
Subject
Lien
   Title Coverage Amount of XXX is Less than Total Amount of Subject Lien $XXX. Requesting for Title supplement to cover the loan amount.              Acknowledged, accepting 2/B grading    05/22/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 49.8% is less than Guideline LTV of 80% | Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 49.8% is less than Guideline CLTV of 80% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    B    B    B    B    B    B    A    A    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
154         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/20/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    05/22/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 49.8% is less than Guideline LTV of 80% | Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 49.8% is less than Guideline CLTV of 80% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    B    B    A    A    B    B    A    A    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A
154         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/19/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    05/22/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 49.8% is less than Guideline LTV of 80% | Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 49.8% is less than Guideline CLTV of 80% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    B    B    A    A    B    B    A    A    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A
159         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/19/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    05/22/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum — Calculated LTV of 51.11% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 51.11% is less than Guideline CLTV of 89.99%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
159         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/19/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    05/22/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum — Calculated LTV of 51.11% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 51.11% is less than Guideline CLTV of 89.99%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
159         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/20/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    05/22/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum — Calculated LTV of 51.11% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 51.11% is less than Guideline CLTV of 89.99%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
161         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/19/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    05/22/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
161         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/20/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines. The loan meets all applicable credit guidelines.              Informational    05/22/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
161         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/20/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    05/22/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
162         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/20/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    05/22/2026    Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 78.21% is less than Guideline LTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 78.21% is less than Guideline CLTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
162         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/19/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    05/22/2026    Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 78.21% is less than Guideline LTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 78.21% is less than Guideline CLTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
162         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/19/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    05/22/2026    Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 78.21% is less than Guideline LTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 78.21% is less than Guideline CLTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
119         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/22/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    05/27/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 64.94% is less than Guideline LTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 64.94% is less than Guideline CLTV of 89.99%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
119         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/22/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    05/27/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 64.94% is less than Guideline LTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 64.94% is less than Guideline CLTV of 89.99%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
119         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/22/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    05/27/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 64.94% is less than Guideline LTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 64.94% is less than Guideline CLTV of 89.99%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
120         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/22/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    05/27/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
120         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/22/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    05/27/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
120         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/22/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    05/27/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
121         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/22/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    05/27/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 56.89% is less than Guideline LTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 56.89% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
121         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/26/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    05/27/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 56.89% is less than Guideline LTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 56.89% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
121         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/22/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    05/27/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 56.89% is less than Guideline LTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 56.89% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
132         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/22/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    05/27/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 50% is less than Guideline LTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 50% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
132         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/22/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    05/27/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 50% is less than Guideline LTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 50% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
132         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/22/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    05/27/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 50% is less than Guideline LTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 50% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
141         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/27/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    05/27/2026    Original CLTV is Below the Guideline Maximum — Calculated CLTV of 73.52% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 73.52% is less than Guideline LTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
141         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/26/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    05/27/2026    Original CLTV is Below the Guideline Maximum — Calculated CLTV of 73.52% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 73.52% is less than Guideline LTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
141         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/22/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    05/27/2026    Original CLTV is Below the Guideline Maximum — Calculated CLTV of 73.52% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 73.52% is less than Guideline LTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
142         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/22/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    05/27/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
142         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/22/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    05/27/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
142         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/22/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    05/27/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
148         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/22/2026    Resolved    FCRE1201    Credit    Third Party
Fraud
Report not
Provided
   Missing Third Party Fraud Report Fraud report is missing in loan file    Document Uploaded.    05/29/2026    Documentation provided is sufficient. Exception resolved.; Third Party Fraud Report is provided    06/01/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 66.67% is less than Guideline LTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 66.67% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    D    A    D    A    D    A    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
148         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/22/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    05/27/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 66.67% is less than Guideline LTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 66.67% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    D    A    A    A    D    A    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
148         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/26/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    05/27/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 66.67% is less than Guideline LTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 66.67% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    D    A    A    A    D    A    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
150         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/22/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    05/27/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
150         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/22/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    05/27/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
150         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/22/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    05/27/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
155         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/22/2026    Acknowledged    FCRE1148    Credit    Title
Coverage
is Less
than
Subject
Lien
   Title Coverage Amount of XXX is Less than Total Amount of Subject Lien XXX              Acknowledged, accepting 2/B grading.    05/27/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 78% is less than Guideline LTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 78% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    B    B    B    B    B    B    A    A    B    B    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
155         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/22/2026    Acknowledged    FCOM3849    Compliance    Evidence
of
Appraisal
Delivery
to
Borrower
not
Provided
or Late
(12 CFR
1002.14(a)(1))
  The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR XXX(a)(XXX)). Documentation required to clear exception: Evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date is required, but missing from the file.              Acknowledged, accepting 2/B grading.    05/27/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 78% is less than Guideline LTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 78% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    B    B    B    B    B    B    A    A    B    B    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B
155         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/26/2026    Resolved    FPRO8998    Property    No
Property
Findings
  Property and valuations related findings were not identified on the loan.              Informational    05/27/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 78% is less than Guideline LTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 78% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    B    B    A    A    B    B    A    A    B    B    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B
131         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/26/2026    Resolved    FPRO8998    Property    No
Property
Findings
  Property and valuations related findings were not identified on the loan.              Informational    05/27/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job. | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 40.69% is less than Guideline CLTV of 80% | Original LTV is Below the Guideline Maximum — Calculated LTV of 40.69% is less than Guideline LTV of 80%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
131         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/26/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    05/27/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job. | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 40.69% is less than Guideline CLTV of 80% | Original LTV is Below the Guideline Maximum — Calculated LTV of 40.69% is less than Guideline LTV of 80%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
131         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/27/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    05/27/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job. | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 40.69% is less than Guideline CLTV of 80% | Original LTV is Below the Guideline Maximum — Calculated LTV of 40.69% is less than Guideline LTV of 80%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
153         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/26/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    05/27/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
153         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/26/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan.              Informational    05/27/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
153         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/26/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    05/27/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
160         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/26/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    05/27/2026    Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum — Calculated LTV of 75% is less than Guideline LTV of 89.99%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
160         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/26/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    05/27/2026    Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum — Calculated LTV of 75% is less than Guideline LTV of 89.99%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
160         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/26/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    05/27/2026    Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum — Calculated LTV of 75% is less than Guideline LTV of 89.99%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
165         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/26/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    05/27/2026    Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 60% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 60% is less than Guideline CLTV of 89.99%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
165         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/26/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    05/27/2026    Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 60% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 60% is less than Guideline CLTV of 89.99%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
165         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/27/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    05/27/2026    Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 60% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 60% is less than Guideline CLTV of 89.99%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
166         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/26/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    05/27/2026    Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 33.32% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 33.32% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
166         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/26/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    05/27/2026    Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 33.32% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 33.32% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
166         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/26/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    05/27/2026    Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 33.32% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 33.32% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
127         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/27/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    05/29/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 68.31% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 68.31% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
127         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/27/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    05/29/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 68.31% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 68.31% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
127         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/27/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    05/29/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 68.31% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 68.31% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
117         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/27/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    05/30/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 50.65% is less than Guideline LTV of 89% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 50.65% is less than Guideline CLTV of 89% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
117         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/28/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    05/30/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 50.65% is less than Guideline LTV of 89% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 50.65% is less than Guideline CLTV of 89% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
117         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/29/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    05/30/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 50.65% is less than Guideline LTV of 89% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 50.65% is less than Guideline CLTV of 89% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
144         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/27/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    05/30/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
144         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/27/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    05/30/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
144         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/29/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    05/30/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
147         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/28/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    05/30/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 64.41% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 64.41% is less than Guideline CLTV of 89.99%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
147         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/28/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    05/30/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 64.41% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 64.41% is less than Guideline CLTV of 89.99%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
147         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/28/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    05/30/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 64.41% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 64.41% is less than Guideline CLTV of 89.99%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
100         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/01/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    06/02/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 41.16% is less than Guideline LTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 41.16% is less than Guideline CLTV of 89.99%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
100         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/01/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    06/02/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 41.16% is less than Guideline LTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 41.16% is less than Guideline CLTV of 89.99%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
100         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/01/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    06/02/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 41.16% is less than Guideline LTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 41.16% is less than Guideline CLTV of 89.99%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
134         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/01/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    06/02/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 49.06% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 49.06% is less than Guideline LTV of 89.99%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
134         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/01/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    06/02/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 49.06% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 49.06% is less than Guideline LTV of 89.99%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
134         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/01/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    06/02/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 49.06% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 49.06% is less than Guideline LTV of 89.99%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
139         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/01/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    06/02/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 78.05% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 78.05% is less than Guideline LTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
139         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/01/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    06/02/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 78.05% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 78.05% is less than Guideline LTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
139         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/01/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    06/02/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 78.05% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 78.05% is less than Guideline LTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
146         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/01/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    06/02/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
146         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/01/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    06/02/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
146         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/01/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    06/02/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
149         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/01/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    06/02/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
149         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/01/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    06/02/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
149         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/01/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    06/02/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
151         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/01/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    06/02/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
151         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/01/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
   The loan meets all applicable credit guidelines. The loan meets all applicable credit guidelines.              Informational    06/02/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
151         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/01/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan.              Informational    06/02/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
152         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/01/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    06/02/2026    Original CLTV is Below the Guideline Maximum — Calculated CLTV of 48.05% is less than Guideline CLTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 48.05% is less than Guideline LTV of 89.99%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
152         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/02/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    06/02/2026    Original CLTV is Below the Guideline Maximum — Calculated CLTV of 48.05% is less than Guideline CLTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 48.05% is less than Guideline LTV of 89.99%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
152         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/02/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    06/02/2026    Original CLTV is Below the Guideline Maximum — Calculated CLTV of 48.05% is less than Guideline CLTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 48.05% is less than Guideline LTV of 89.99%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
164         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/01/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    06/02/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
164         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/01/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    06/02/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
164         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/01/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    06/02/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
173         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/01/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    06/02/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 57.14% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 57.14% is less than Guideline LTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
173         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/01/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    06/02/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 57.14% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 57.14% is less than Guideline LTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
173         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/02/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    06/02/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 57.14% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 57.14% is less than Guideline LTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
135         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/02/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    06/02/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 75% is less than Guideline LTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
135         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/02/2026    Resolved    FCRE8999    Credit    No Credit
Findings
  The loan meets all applicable credit guidelines.              Informational    06/02/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 75% is less than Guideline LTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
135         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/02/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
  The loan is in compliance with all applicable laws and regulations.              Informational    06/02/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 75% is less than Guideline LTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
168         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/02/2026    Resolved    FCOM3849    Compliance    Evidence of
Appraisal
Delivery to
Borrower
not
Provided or
Late (12
CFR
1002.14(a)(1))
  The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR XXX(a)(XXX)). Documentation required to clear exception: Evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date is required, but missing from the file.    Copy of Email Delivered    06/19/2026    Document provided; Finding resolved. Document Uploaded.    06/23/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 64.67% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 64.67% is less than Guideline LTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job.    B    A    B    A    A    A    A    A    B    A    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
168         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/02/2026    Resolved    FPRO8998    Property    No
Property
Findings
  Property and valuations related findings were not identified on the loan.              Informational    06/02/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 64.67% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 64.67% is less than Guideline LTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job.    B    A    A    A    A    A    A    A    B    A    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
168         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/02/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
  The loan meets all applicable credit guidelines.              Informational    06/02/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 64.67% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 64.67% is less than Guideline LTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job.    B    A    A    A    A    A    A    A    B    A    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
176         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/11/2026    Resolved    FPRO9990    Property    Third
Party
Valuation
Product
Not
Provided
within
XXX%
Tolerance
  Third Party Valuation Product Not Provided or Not Provided Within Tolerance. Third Party Valuation product was not provided in file.    Document Uploaded.    06/12/2026    Client provided XXX and XXX. LM Updated.; Third party valuation product provided within tolerance.;    06/15/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    C    B    C    A    A    A    C    A    C    B    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
176         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/12/2026    Cured    finding-47    Compliance    TILA
Right of
Rescission
Test
  This loan failed the TILA right of rescission test losed-end (12 CFR §1026.23(a)(3), transferred from 12 CFR §226.23(a)(3)), Open-end (12 CFR §1026.15(a)(3), transferred from 12 CFR §226.15(a)(3) The funding date is before the third business day following consummation he consumer may exercise the right to rescind until midnight of the third business day following consummation, delivery of the notice required by 12 CFR §1026.23 or §1026.15, or delivery of all material disclosures, whichever occurs last. Documentation Required: The disbursement date of XX/XX/XXXX is before the cancel by date on the ROR listed as XX/XX/XXXX. Proof of actual disbursement date is required to resolve or a cure package requires PCCD, LOE, new ROR providing XXX days right to cancel    Document Uploaded.    06/01/2026    Cure package provided to the borrower; exception downgraded to a 2/B    06/02/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    C    B    C    B    A    A    C    A    C    B    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
176         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/11/2026    Resolved    FCRE8999    Credit    No Credit
Findings
  The loan meets all applicable credit guidelines.              Informational    05/14/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    C    B    A    A    A    A    C    A    C    B    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
176         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/12/2026    Acknowledged    FCOM3849    Compliance    Evidence
of
Appraisal
Delivery
to
Borrower
not
Provided
or Late
(12 CFR
1002.14(a)(1))
  The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR XXX(a)(XXX)). Documentation required to clear exception: Evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date is required, but missing from the file.              Acknowledged, accepting 2/B grading    05/14/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    C    B    B    B    A    A    C    A    C    B    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
214         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/21/2026    Acknowledged    FCOM3849    Compliance    Evidence
of
Appraisal
Delivery
to
Borrower
not
Provided
or Late
(12 CFR
1002.14(a)(1))
  The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR XXX(a)(XXX)). Documentation required to clear exception: The document provided indicates that the borrower either received, or chose to waive the right to receive the appraisal at least XXX days prior to consummation, but does not confirm the borrower received the appraisal at or prior to consummation.  Provide documentation to show the date the borrower received the appraisal to confirm it was received by the borrower timely.              Acknowledged, accepting 2/B grading    05/22/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    B    B    B    B    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
214         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/19/2026    Resolved    FPRO8998    Property    No
Property
Findings
  Property and valuations related findings were not identified on the loan.              Informational    05/22/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    B    B    A    A    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
214         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/19/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
  The loan meets all applicable credit guidelines.              Informational    05/22/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    B    B    A    A    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
177         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/18/2026    Cured    finding-
3634
   Compliance    Charges
That
Cannot
Increase
Test
   This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i) One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX lease see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). TILA 130b Cure Required. Refund in the amount of $XXX; cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery or Valid COC. The zero tolerance violation in the amount of XXX is due to increase from XXX to XXX for the Discount Points on CD XX/XX/XXXX; and the increase in the appraisal fee from XXX to XXX on the final CD. No COC in the file referencing the increases.    Document Uploaded. COC’s were originally uploaded on XX/XX/XXXX for loan points; XXX refund applied via XXX reduction is for the increase in appraisal fee from XXX to XXX — (XXX reduction is an acceptable cure) COC’s were provided for the discount loan points therefore NO cure is required for loan points; Document Uploaded. ; Document Uploaded.    06/10/2026    Cure package provided to borrower within XXX days of discovery. Exception downgraded to 2/B. Cure package included principle reduction, proof of delivery is not required. ; Cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery. Please provide proof of delivery and exception can be cured. ; Cure package provided to borrower within XXX days of discovery. Exception downgraded to 2/B. Cure package included principle reduction, proof of delivery is not required. ; Cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery. Please provide proof of delivery and exception can be cured. ; TILA 130b Cure Required. Refund in the amount of $XXX; cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery or Valid COC. The zero tolerance violation in the amount of XXX is due to increase in the appraisal fee from XXX to XXX on the final CD.; This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i) One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX lease see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).; There are no disclosures dated within XXX days of the COCs provided and the COC do not include a valid reason for the increase in appraisal fee.    06/12/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    C    B    C    B    A    A    A    A    C    B    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
177         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/18/2026    Resolved    finding-
3652
   Compliance    Lender
Credits
That
Cannot
Decrease
Test
   This loan failed the lender credits that cannot decrease test. (12 CFR §1026.19(e)(3)(i) The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits XXX does not exceed or equal the comparable sum of specific and non-specific lender credits ($XXX). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). TILA 130b Cure Required. Refund in the amount of $XXX; cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery or Valid COC. The lender credit tolerance violation in the amount of XXX is due to decrease in Lender Credit from XXX on Initial LE to XXX on CD XX/XX/XXXX. No COC in the file.    Document Uploaded. ; Document Uploaded.    06/04/2026    Revised LE(s) and valid COC(s) provided — exception resolved; This loan failed the lender credits that cannot decrease test. (12 CFR §1026.19(e)(3)(i) The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits XXX does not exceed or equal the comparable sum of specific and non-specific lender credits ($XXX). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).; There are no disclosures dated within XXX days of the COCs provided    06/05/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    C    B    C    A    A    A    A    A    C    B    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
177         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/19/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    05/20/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    C    B    A    A    A    A    A    A    C    B    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
177         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/20/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    05/20/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    C    B    A    A    A    A    A    A    C    B    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
174         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/20/2026    Cured    finding-
3634
   Compliance    Charges
That
Cannot
Increase
Test
   This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i) One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX lease see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). TILA 130 Cure Required. Refund in the amount of $XXX; cure package requires a PCCD, LOE, and Copy of Refund Check, or Valid COC. The zero tolerance violation in the amount of XXX is due to increase from XXX to XXX for the Transfer Tax Fee.    Document Uploaded.    06/11/2026    Cure package provided to borrower within XXX days of discovery. Exception downgraded to 2/B. ; Cure package provided to borrower within XXX days of discovery. Exception downgraded to 2/B.    06/12/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 38% is less than Guideline LTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job. | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 38% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    C    B    C    B    A    A    A    A    C    B    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
174         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/20/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    05/22/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 38% is less than Guideline LTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job. | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 38% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    C    B    A    A    A    A    A    A    C    B    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
174         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/19/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    05/22/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 38% is less than Guideline LTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job. | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 38% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    C    B    A    A    A    A    A    A    C    B    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
178         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/19/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    05/20/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
178         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/19/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    05/20/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
178         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/20/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    05/20/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
185         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/26/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    05/27/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
185         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/22/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    05/27/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
185         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/22/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    05/27/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
200         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/26/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    05/27/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
200         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/21/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    05/27/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
200         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/21/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    05/27/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
181         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/26/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    05/27/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
181         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/27/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    05/27/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
181         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/27/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    05/27/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
189         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/26/2026    Resolved    FCRE0386    Credit    Borrower 1
Photo
Identification
not provided
   Borrower 1 Photo Identification not provided. Borrower 1 Photo Identification and/or Patriot Act Disclosure has not been provided.    Document Uploaded.    06/01/2026    Documentation is sufficient. Patriot act provided. Exception resolved.; Photo Identification provided.    06/02/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    A    D    A    D    A    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
189         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/26/2026    Resolved    FCRE0387    Credit    Borrower 2
Photo
Identification
not provided
   Borrower 2 Photo Identification not provided. Borrower 2 Photo Identification and/or Patriot Act Disclosure has not been provided    Document Uploaded.    06/01/2026    Documentation is sufficient. Patriot Act provided. Exception resolved.; Photo Identification provided.    06/02/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    A    D    A    D    A    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
189         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/26/2026    Resolved    FPRO8998    Property    No
Property
Findings
  Property and valuations related findings were not identified on the loan.              Informational    05/27/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    A    A    A    D    A    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
189         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/26/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
  The loan is in compliance with all applicable laws and regulations.              Informational    05/27/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    A    A    A    D    A    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
199         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/26/2026    Resolved    FCRE9995    Credit    Audited
Reserves
are less
than
Guideline
Required
Reserves
(Dollar
Amount)
  Audited Reserves of $XXX are less than Guideline Required Reserves of $XXX. Final 1003 reflects sufficient liquid assets/reserves; however, supporting asset documentation/bank Statements were not provided in file to verify funds available for closing and reserve requirements.              Audited Reserves of XXX are equal to or greater than AUS Required Reserves of $XXX.; Documentation received is sufficient. Exception resolved.; Audited Reserves of XXX are equal to or greater than AUS Required Reserves of $XXX.    06/03/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    C    A    C    A    C    A    A    A    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
199         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/26/2026    Resolved    FCRE1198    Credit    Audited
Reserves are
less than
Guideline
Required
Reserves
(Number of
Months)
  Audited Reserves of month(s) are less than Guideline Required Reserves of XXX month(s) Final 1003 reflects sufficient liquid assets/reserves; however, supporting asset documentation/bank Statements were not provided in file to verify funds available for closing and reserve requirements.         Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s); Documentation received is sufficient. Exception resolved.; Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s)    06/03/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    C    A    C    A    C    A    A    A    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
199         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/26/2026    Resolved    FCRE0382    Credit    Assets do
not meet
guideline
requirements
  When the Total Qualified Asset Post Close field contains a negative value, the required assets do not meet guidelines. Final 1003 reflects sufficient liquid assets/reserves; however, supporting asset documentation/bank Statements were not provided in file to verify funds available for closing and reserve requirements.         Funds are found to meet guidelines.    06/03/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    C    A    C    A    C    A    A    A    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
199         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/26/2026    Resolved    FCRE2800    Credit    Verified
Liquid
Assets
Insufficient
For Closing
  Verified Liquid Assets are insufficient for closing in the amount of $-XXX. Final 1003 reflects sufficient liquid assets/reserves; however, supporting asset documentation/bank Statements were not provided in file to verify funds available for closing and reserve requirements.    Document Uploaded.    06/02/2026    Documentation received is sufficient. Exception resolved.; Verified Liquid Assets are sufficient for closing.    06/03/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    C    A    C    A    C    A    A    A    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
199         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/26/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    05/27/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    C    A    A    A    C    A    A    A    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
199         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/26/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    05/27/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    C    A    A    A    C    A    A    A    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
202         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/27/2026    Cured    finding-
3634
   Compliance    Charges
That
Cannot
Increase
Test
   This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i) One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX lease see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). TILA 130 Cure Required. Refund in the amount of $XXX; cure package requires a PCCD, LOE, and Copy of Refund Check, or Valid COC. The zero tolerance violation in the amount of XXX is due to increase from XXX to XXX for the APPRAISAL FEE on the LE dated XX/XX/XXXX. The COC does not provide enough information as to why the fee increased and the invoice in the file shows that the appraisal was ordered on XX/XX/XXXX and the borrower paid the invoice on XX/XX/XXXX.    Document Uploaded.    06/11/2026    Cure package provided to borrower within XXX days of discovery. Exception downgraded to 2/B. ; Cure package provided to borrower within XXX days of discovery. Exception downgraded to 2/B.    06/12/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    C    B    C    B    A    A    A    A    C    B    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
202         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/26/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    05/27/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    C    B    A    A    A    A    A    A    C    B    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
202         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/26/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    05/27/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    C    B    A    A    A    A    A    A    C    B    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
206         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/26/2026    Cured    finding-
3634
   Compliance    Charges
That
Cannot
Increase
Test
   This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i) One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX lease see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).    Document Uploaded. ; Document Uploaded.    06/12/2026    Cure package provided to the borrower; exception downgraded to a 2/B; Cure package provided to the borrower; exception downgraded to a 2/B; COC dated XX/XX/XXXX for Appraisal Fee increase excepted, however, the tolerance violation of XXX remains since the Appraisal Fee was increased on the Final CD dated XX/XX/XXXX with no valid COC. Exception remains.; This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i) One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX lease see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).; TILA 130b Cure Required. Refund in the amount of $XXX; cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery or Valid COC. The zero tolerance violation in the amount of XXX is due to increase from XXX on the Initial LE to XXX on the Final CD for the Appraisal fee. The COC in the file does not provide a valid reason for the increase in the fees. Also appraisal invoice in the file is dated XX/XX/XXXX, however increase was not disclosed to borrower until XX/XX/XXXX.    06/15/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 37.63% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 37.63% is less than Guideline CLTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    D    B    C    B    D    A    A    A    C    B    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
206         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/26/2026    Resolved    FCRE1964    Credit    Missing
income
documentation
  missing ‘Statement #XXX’ as referred under XXX and XXX    Document Uploaded.    06/04/2026    Auditor Response: Lender uploaded Supplement to Schedule C    06/05/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 37.63% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 37.63% is less than Guideline CLTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    D    B    D    A    D    A    A    A    C    B    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
206         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/28/2026    Resolved    FPRO8998    Property    No Property
Findings
  Property and valuations related findings were not identified on the loan.              Informational    05/28/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 37.63% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 37.63% is less than Guideline CLTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    D    B    A    A    D    A    A    A    C    B    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
206         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/26/2026    Acknowledged    FCOM3849    Compliance    Evidence of
Appraisal
Delivery to
Borrower not
Provided or
Late (12 CFR
1002.14(a)(1))
  The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR XXX(a)(XXX)). Documentation required to clear exception: Evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date is required, but missing from the file. There is an Appraisal timing waiver in the file however, there is no Property Inspection Waiver and no evidence of Appraisal receipt by the borrower.              Acknowledged, accepting 2/B grading    05/27/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 37.63% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 37.63% is less than Guideline CLTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    D    B    B    B    D    A    A    A    C    B    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
207         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/26/2026    Cured    finding-
3635
   Compliance    Charges
That In
Total
Cannot
Increase
More
Than
XXX%
Test
  TILA 130 Cure Required. Refund in the amount of XXX cure package requires a PCCD, LOE, Copy of Refund Check, or Valid COC. The XXX% tolerance violation in the amount of XXX is due to increase from XXX on the LE to XXX for the Recording fee on the final CD. The total comparable increase is XXX with a XXX cure provided at closing. The remaining cure amount required is $XXX. This loan failed the charges that in total cannot increase more than XXX% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than XXX% XXX exceed the comparable charges XXX by more than XXX% Please see the table that displays the Charges That Cannot Increase More Than XXX% for a comparison of the data between the provided disclosures n estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than XXX percent;(B) The charge for the third-party service is not paid to the XXX or an affiliate of the XXX; and(C) The XXX permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).    Document Uploaded.    06/11/2026    Cure package provided to borrower within XXX days of discovery. Exception downgraded to 2/B. ; Cure package provided to borrower within XXX days of discovery. Exception downgraded to 2/B.    06/12/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 79.95% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 79.95% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    C    B    C    B    A    A    C    A    C    B    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
207         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/26/2026    Resolved    FPRO9990    Property    Third
Party
Valuation
Product
Not
Provided
within
XXX%
Tolerance
  Third Party Valuation Product Not Provided or Not Provided Within Tolerance. Risk Score is XX/XX/XXXX on a scale of XXX to XXX where XXX indicates highest potential collateral risk.    Document Uploaded.    06/04/2026    Third party valuation product provided within tolerance.; Auditor Response: Lender uploaded XXX    06/05/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 79.95% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 79.95% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    C    B    C    A    A    A    C    A    C    B    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
207         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/26/2026    Resolved    finding-
3526
   Compliance    Revised
Loan
Estimate
Delivery
Date Test
(prior to
consummation)
  The Initial CD dated XX/XX/XXXX was issued prior to the revised LE dated XX/XX/XXXX. Please confirm actual issue/delivery date of initial CD. This loan failed the revised loan estimate delivery date test (prior to consummation) due to one of the following findings: (12 CFR §1026.19(e)(4)(ii) The revised loan estimate delivery date is provided and the revised loan estimate method of delivery is marked as either:“USPS First Class Mail” or “Electronic Delivery” or blank, and the revised loan estimate delivery date is less than seven business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or”In Person” and the revised loan estimate delivery date is less than four business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe revised loan estimate receipt date is provided and the revised loan estimate receipt date is less than four business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe revised loan estimate delivery date is on or after the initial closing disclosure delivery date he XXX shall not provide a revised version of the disclosures required under §1026.19(e)(1)(i) on or after the date on which the XXX provides the disclosures required under §1026.19(f)(1)(i). The consumer must receive a revised version of the disclosures required under §1026.19(e)(1)(i) not later than four business days prior to consummation. If the revised version of the disclosures required §1026.19(e)(1)(i) is not provided to the consumer in person, the consumer is considered to have received such version three business days after the XXX delivers or places such version in the mail.    Document Uploaded.    06/03/2026    Lender confirmed CD dated XX/XX/XXXX was not sent to the borrower; exception resolved; Lender confirmed CD dated XX/XX/XXXX was not sent to the borrower; exception resolved    06/04/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 79.95% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 79.95% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    C    B    C    A    A    A    C    A    C    B    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
207         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/26/2026    Resolved    finding-
4001
   Compliance    TRID
Disclosure
Delivery
Date
Validation
Test
  The Initial CD dated XX/XX/XXXX was issued prior to the revised LE dated XX/XX/XXXX. Please confirm actual issue/delivery date of initial CD. This loan failed the TRID disclosure delivery date validation test he loan contains one of the following conditions:A revised loan estimate delivery date is before the initial loan estimate revised closing disclosure is before the initial closing disclosure closing disclosure delivery date is on or before a loan estimate delivery date post-consummation revised closing disclosure delivery date is on or before a closing disclosure delivery date or loan estimate delivery date.    Document Uploaded.    06/03/2026    Lender confirmed CD dated XX/XX/XXXX was not sent to the borrower; exception resolved; Lender confirmed CD dated XX/XX/XXXX was not sent to the borrower; exception resolved    06/04/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 79.95% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 79.95% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    C    B    C    A    A    A    C    A    C    B    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
207         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/26/2026    Acknowledged    FCOM3849    Compliance    Evidence
of
Appraisal
Delivery
to
Borrower
not
Provided
or Late
(12 CFR
1002.14(a)(1))
  The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR XXX(a)(XXX)). Documentation required to clear exception: Evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date of XX/XX/XXXX is required, but missing from the file.              Acknowledged, accepting 2/B grading    05/27/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 79.95% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 79.95% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    C    B    B    B    A    A    C    A    C    B    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
175         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/26/2026    Resolved    FCRE1186    Credit    Audited
DTI
Exceeds
AUS DTI
  Audited DTI of XXX% exceeds AUS DTI of XXX% The DTI is above threshold. Audit calculated less rental and retirement income than lender calculated.    Document Uploaded. I pulled down the Individual Asset Summary Report and our numbers differ in almost every way. I want to start with liabilities. Your calculation is XXX and ours is XXX — subject PITI XXX — XXX XXX Assembly XXX — liabilities XXX — Total XXX The borrowers have a XXX loan that is paid by others so we excluded the XXX payment. Focusing just on this piece for now, where do our numbers differ?    06/11/2026    ; Difference in PITI caused by tax discrepancy. Title in file reflects annual XXX however Tax and Information Sheet reflects annual taxes of XXX Difference in PITI also caused by difference in HOI. Lender monthly XXX however evidence in file shows annual premium of XXX or XXX monthly. Corrected and removed Toyota liability as evidence in file shows paid by other which brings DTI within tolerance of AUS.; Per client, “Document Uploaded. I pulled down the Individual Asset Summary Report and our numbers differ in almost every way. I want to start with liabilities. Your calculation is XXX and ours is XXX — subject PITI XXX — XXX Assembly XXX — liabilities XXX — Total XXX The borrowers have a XXX loan that is paid by others so we excluded the XXX payment. Focusing just on this piece for now, where do our numbers differ?” Pending review.    07/30/2026    Borrower has stable job time — Borrower has XXX years on job.    C    A    C    A    C    A    A    A    C    A    C    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
175         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/27/2026    Resolved    finding-
3635
   Compliance    Charges
That In
Total
Cannot
Increase
More
Than
XXX%
Test
  This loan failed the charges that in total cannot increase more than XXX% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than XXX% XXX exceed the comparable charges XXX by more than XXX% Please see the table that displays the Charges That Cannot Increase More Than XXX% for a comparison of the data between the provided disclosures n estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than XXX percent;(B) The charge for the third-party service is not paid to the XXX or an affiliate of the XXX; and(C) The XXX permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi). TILA 130b Cure Required. Refund in the amount of XXX cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery or Valid COC. The XXX% tolerance violation in the amount of XXX is due to increase from XXX to XXX for the Lender’s Title Insurance Policy and XXX to XXX Closing Fee on the initial CD issued on XX/XX/XXXX without a valid COC.    Document Uploaded.    06/11/2026    Valid COC provided — exception resolved; Valid COC provided — exception resolved    06/12/2026    Borrower has stable job time — Borrower has XXX years on job.    C    A    C    A    C    A    A    A    C    A    C    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
175         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/26/2026    Resolved    FPRO8998    Property    No
Property
Findings
  no findings Property and valuations related findings were not identified on the loan.              Informational    05/29/2026    Borrower has stable job time — Borrower has XXX years on job.    C    A    A    A    C    A    A    A    C    A    C    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
201         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/27/2026    Cured    finding-
3634
   Compliance    Charges
That
Cannot
Increase
Test
  This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i) One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX lease see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). TILA 130 Cure Required. Refund in the amount of $XXX; cure package requires a PCCD, LOE, Copy of Refund Check, or Valid COC. The zero tolerance violation in the amount of XXX is due to increase from XXX to XXX for the MERS Fee added on the XX/XX/XXXX CD without a valid COC.    Document Uploaded.    06/12/2026    Cure package provided to the borrower; exception downgraded to a 2/B; Cure package provided to the borrower; exception downgraded to a 2/B    06/15/2026    Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 49.17% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 49.17% is less than Guideline CLTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    C    B    C    B    A    A    A    A    C    B    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
201         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/27/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    05/29/2026    Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 49.17% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 49.17% is less than Guideline CLTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    C    B    A    A    A    A    A    A    C    B    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
201         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/27/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    05/29/2026    Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 49.17% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 49.17% is less than Guideline CLTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    C    B    A    A    A    A    A    A    C    B    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
212         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/26/2026    Rescinded    FCRE0377    Credit    The
Total
Hazard
Coverage
is LESS
than the
Required
Coverage
Amount
   The hazard insurance dwelling coverage of XXX is insufficient, not meeting the required coverage amount of ($XXX). The hazard insurance is sufficient XXX is XXX and the dwelling coverage is XXX    Document Uploaded.    06/11/2026    XXX in file on page XXX confirmed cost to rebuild of XXX coverage of $XXX exceeded amount required. Condition rescinded.    06/11/2026         A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
212         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/26/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    05/29/2026         A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
212         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/27/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    05/29/2026         A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
188         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/27/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    05/30/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
188         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/28/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
  The loan is in compliance with all applicable laws and regulations.              Informational    05/30/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
188         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/29/2026    Resolved    FCRE8999    Credit    No Credit
Findings
  The loan meets all applicable credit guidelines.              Informational    05/30/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
179         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/02/2026    Resolved    FCRE9500    Credit    Missing
Letter of
Explanation
(Assets)
  Gift Letter on file are missing donor, recipient, bank institution, Gift Amount and signatures    Document Uploaded.    06/11/2026    Completed gift letter provided.    06/12/2026    Borrower has stable job time — Borrower has XXX years on job. | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 80% is less than Guideline CLTV of 90% | Original LTV is Below the Guideline Maximum — Calculated LTV of 80% is less than Guideline LTV of 90%    D    A    D    A    D    A    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
179         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/02/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    06/02/2026    Borrower has stable job time — Borrower has XXX years on job. | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 80% is less than Guideline CLTV of 90% | Original LTV is Below the Guideline Maximum — Calculated LTV of 80% is less than Guideline LTV of 90%    D    A    A    A    D    A    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
179         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/01/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    06/02/2026    Borrower has stable job time — Borrower has XXX years on job. | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 80% is less than Guideline CLTV of 90% | Original LTV is Below the Guideline Maximum — Calculated LTV of 80% is less than Guideline LTV of 90%    D    A    A    A    D    A    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
179         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/02/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    06/02/2026    Borrower has stable job time — Borrower has XXX years on job. | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 80% is less than Guideline CLTV of 90% | Original LTV is Below the Guideline Maximum — Calculated LTV of 80% is less than Guideline LTV of 90%    D    A    A    A    D    A    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
182         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/29/2026    Resolved    FCRE9814    Credit    Missing
Trust
Agreement
   Trust Agreement is missing and/or does not meet guideline requirements. Trust agreement or certificate of trust is not in file.    Document Uploaded.    06/10/2026    Documentation provided is sufficient. Exception resolved.; Trust Agreement Meets Guideline Requirements.    06/11/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 33.33% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 33.33% is less than Guideline LTV of 89.99%    D    A    D    A    D    A    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
182         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/29/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    06/02/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 33.33% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 33.33% is less than Guideline LTV of 89.99%    D    A    A    A    D    A    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
182         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/29/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    06/02/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 33.33% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 33.33% is less than Guideline LTV of 89.99%    D    A    A    A    D    A    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
186         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/01/2026    Resolved    finding-
3532
   Compliance    Initial
Closing
Disclosure
Delivery
Date Test
   This loan failed the initial closing disclosure delivery date test due to one of the following findings:(12 CFR §1026.19(f)(1)(ii) The initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:“USPS First Class Mail” or “Electronic Delivery” or blank, and the initial closing disclosure delivery date is less than six business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or”In Person” and the initial closing disclosure delivery date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transactionThe XXX shall ensure that the consumer receives the disclosures required under paragraph §1026.19(f)(1)(i) no later than three business days before consummation. Without evidence of receipt, it is assumed that the disclosure dated XX/XX/XXXX was mailed, and therefore not received by the consumer prior to the consummation date of XX/XX/XXXX. The violation can be cured by providing proof of delivery/receipt of Initial CD at least XXX days prior to closing.    Document Uploaded.    06/10/2026    Client provided proof of initial CD delivery date for testing; exception resolved ; Client provided proof of initial CD delivery date for testing; exception resolved    06/10/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    C    A    C    A    A    A    A    A    C    A    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
186         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/01/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    06/02/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    C    A    A    A    A    A    A    A    C    A    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
186         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/01/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    06/02/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    C    A    A    A    A    A    A    A    C    A    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
191         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/01/2026    Rescinded    FPRO9990    Property    Third Party
Valuation
Product
Not
Provided
within
XXX%
Tolerance
  Third Party Valuation Product Not Provided or Not Provided Within Tolerance. Third party Risk score is XXX.    Document Uploaded.    06/10/2026    AVM was provided in original submission. Exception rescinded; Third party valuation product provided within tolerance.    06/11/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
191         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/01/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
  The loan is in compliance with all applicable laws and regulations.              Informational    06/02/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
191         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/01/2026    Resolved    FCRE8999    Credit    No Credit
Findings
  The loan meets all applicable credit guidelines. The loan meets all applicable credit guidelines.              Informational    06/02/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
180         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/02/2026    Resolved    finding-651    Compliance    TILA
Finance
Charge
Test
   This loan failed the TILA finance charge test.(12 CFR §1026.38(o)(2) The finance charge is $XXX. The disclosed finance charge of XXX is not considered accurate because it is underStated by more than XXX Documentation required to clear exception: The Final CD XX/XX/XXXX is missing from the loan file per COC in file. All testing was completed using CD dated XX/XX/XXXX. Please provide final CD and additional CD issued XX/XX/XXXX for additional testing.    Document Uploaded. ; Document Uploaded. Title provided the XXX for signing instead of the FInal XX/XX/XXXX CD provided in the closing package    06/11/2026    Revised and Final CD provided — exception resolved; Revised and Final CD provided — exception resolved    06/15/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 76.27% is less than Guideline CLTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 76.27% is less than Guideline LTV of 89.99%    C    A    C    A    A    A    A    A    C    A    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
180         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/02/2026    Resolved    finding-
3732
   Compliance    TRID
Total of
Payments
Test
   This loan failed the TRID total of payments test. (12 CFR §XXX(o)(XXX) The total of payments is $XXX. The disclosed total of payments of XXX is not considered accurate because it is underStated by more than XXX and the provided reimbursement amount of XXX is not sufficient to cure the inaccuracy. Documentation required to clear exception: The Final CD XX/XX/XXXX is missing from the loan file per COC in file. All testing was completed using CD dated XX/XX/XXXX. Please provide final CD and additional CD issued XX/XX/XXXX for additional testing.    Document Uploaded. Title provided the XXX for signing instead of the FInal XX/XX/XXXX CD provided in the closing package    06/11/2026    Revised and Final CD provided — exception resolved; Revised and Final CD provided — exception resolved    06/15/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 76.27% is less than Guideline CLTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 76.27% is less than Guideline LTV of 89.99%    C    A    C    A    A    A    A    A    C    A    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
180         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/02/2026    Resolved    finding-
3652
   Compliance    Lender
Credits
That
Cannot
Decrease
Test
   This loan failed the lender credits that cannot decrease test. (12 CFR §1026.19(e)(3)(i) The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits XXX does not exceed or equal the comparable sum of specific and non-specific lender credits ($XXX). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). TILA130b cure required, refund in the amount of XXX requires a PCCD, LOE, copy of refund check and proof of delivery. The lender credit decrease violation  of XXX is due to the decrease that occurred per the COC  on XX/XX/XXXX, however there was no disclosure in the file that was provided within XXX days of the COC.  Missing CD dated XX/XX/XXXX that was referenced in XXX.    Document Uploaded. ; Document Uploaded.    06/11/2026    Revised and Final CD provided — exception resolved; Revised and Final CD provided — exception resolved    06/15/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 76.27% is less than Guideline CLTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 76.27% is less than Guideline LTV of 89.99%    C    A    C    A    A    A    A    A    C    A    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
180         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/02/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    06/02/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 76.27% is less than Guideline CLTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 76.27% is less than Guideline LTV of 89.99%    C    A    A    A    A    A    A    A    C    A    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
180         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/02/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    06/02/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 76.27% is less than Guideline CLTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 76.27% is less than Guideline LTV of 89.99%    C    A    A    A    A    A    A    A    C    A    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
184         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/02/2026    Resolved    FCRE1185    Credit    AUS
Partially
Provided
   AUS Partially Provided. Provide the full AUS for submission XXX    Document Uploaded.    06/10/2026    Documentation is sufficient. Updated AUS provided. Exception resolved.; AUS is not incomplete.    06/11/2026    Original CLTV is Below the Guideline Maximum — Calculated CLTV of 56% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum — Calculated LTV of 56% is less than Guideline LTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job.    D    A    D    A    D    A    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
184         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/02/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    06/02/2026    Original CLTV is Below the Guideline Maximum — Calculated CLTV of 56% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum — Calculated LTV of 56% is less than Guideline LTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job.    D    A    A    A    D    A    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
184         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/02/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    06/02/2026    Original CLTV is Below the Guideline Maximum — Calculated CLTV of 56% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum — Calculated LTV of 56% is less than Guideline LTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job.    D    A    A    A    D    A    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
203         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/02/2026    Resolved    finding-
3652
   Compliance    Lender
Credits
That
Cannot
Decrease
Test
   This loan failed the lender credits that cannot decrease test. (12 CFR §1026.19(e)(3)(i) The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits XXX does not exceed or equal the comparable sum of specific and non-specific lender credits ($XXX). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). TILA 130b Cure Required. Refund in the amount of $XXX: cure package requires a PCCD, LOE, Copy of Refund Check, and proof of delivery or a Valid COC. The tolerance violation in the amount of XXX is due to decrease from XXX to XXX for the Lender Credit Because the loan failed the initial CD delivery date test due to missing Initial closing disclosure receipt, any values that would be under a valid COC, if the disclosure receipt had been provided, will not be considered valid for tolerance purposes. The violation may be cured if missing closing disclosure(s) receipt are provided. Additional testing will be completed once the Initial CD is provided.    Document Uploaded.    06/12/2026    CD receipt date provided — exception resolved; CD receipt date provided — exception resolved    06/15/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    C    A    C    A    A    A    A    A    C    A    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
203         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/10/2026    Resolved    finding-
3542
   Compliance    Revised
Closing
Disclosure
Delivery
Date Test
(Waiting
Period
Required)
Test
  This loan failed the revised closing disclosure delivery date test (waiting period required).(12 CFR §XXX(f)(XXX)(ii) The revised closing disclosure delivery requires a new waiting period andThe revised closing disclosure delivery date is provided and the revised closing disclosure method of delivery is marked as either:“USPS First Class Mail” or “Electronic Delivery” or blank, and the revised closing disclosure delivery date is less than six business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or”In Person” and the revised closing disclosure delivery date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe revised closing disclosure receipt date is provided and the revised closing disclosure receipt date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction hanges before consummation requiring a new waiting period. If one of the following disclosures provided under §1026.19(f)(1)(i) becomes inaccurate in the following manner before consummation, the XXX shall ensure that the consumer receives corrected disclosures containing all changed terms in accordance with the requirements of §1026.19(f)(1)(ii)(A):(A) The annual percentage rate disclosed under §XXX(o)(XXX) becomes inaccurate, as defined in §XXX.(B) The loan product is changed, causing the information disclosed under §XXX(a)(XXX)(iii) to become inaccurate.(C) A prepayment penalty is added, causing the Statement regarding a prepayment penalty required under §XXX(b) to become inaccurate he XXX shall ensure that the consumer receives the disclosures required under §1026.19(f)(1)(i) no later than three business days before consummation. This loan failed the revised closing disclosure delivery date test (waiting period required).(12 CFR §XXX(f)(XXX)(ii) The revised closing disclosure delivery requires a new waiting period andThe revised closing disclosure delivery date is provided and the revised closing disclosure method of delivery is marked as either:“USPS First Class Mail” or “Electronic Delivery” or blank, and the revised closing disclosure delivery date is less than six business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or”In Person” and the revised closing disclosure delivery date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe revised closing disclosure receipt date is provided and the revised closing disclosure receipt date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction hanges before consummation requiring a new waiting period. If one of the following disclosures provided under §1026.19(f)(1)(i) becomes inaccurate in the following manner before consummation, the XXX shall ensure that the consumer receives corrected disclosures containing all changed terms in accordance with the requirements of §1026.19(f)(1)(ii)(A):(A) The annual percentage rate disclosed under §XXX(o)(XXX) becomes inaccurate, as defined in §XXX.(B) The loan product is changed, causing the information disclosed under §XXX(a)(XXX)(iii) to become inaccurate.(C) A prepayment penalty is added, causing the Statement regarding a prepayment penalty required under §XXX(b) to become inaccurate he XXX shall ensure that the consumer receives the disclosures required under §1026.19(f)(1)(i) no later than three business days before consummation. Document Uploaded. Document Uploaded. Document Uploaded. CD receipt date provided — exception resolved CD receipt date provided — exception resolved    Document Uploaded.    06/11/2026    CD receipt date provided — exception resolved;    06/15/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    C    A    C    A    A    A    A    A    C    A    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
203         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/02/2026    Resolved    finding-
3532
   Compliance    Initial
Closing
Disclosure
Delivery
Date Test
  This loan failed the initial closing disclosure delivery date test due to one of the following findings:(12 CFR §1026.19(f)(1)(ii) The initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:“USPS First Class Mail” or “Electronic Delivery” or blank, and the initial closing disclosure delivery date is less than six business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or”In Person” and the initial closing disclosure delivery date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transactionThe XXX shall ensure that the consumer receives the disclosures required under paragraph §1026.19(f)(1)(i) no later than three business days before consummation. Without evidence of receipt, it is assumed that the disclosure dated  XX/XX/XXXX  was mailed, and therefore not received by the consumer prior to the consummation date, XX/XX/XXXX. The violation can be cured by providing proof of delivery/receipt of Initial CD at least XXX days prior to closing.    Document Uploaded.    06/10/2026    Client provided evidence that the borrower received the revised XX/XX/XXXX CD on the same date of XX/XX/XXXX. The XXX decreased from XXX% to XXX% on the XX/XX/XXXX CD. Client provided proof of Initial CD delivery to the borrower for testing, exception resolved.    06/10/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    C    A    C    A    A    A    A    A    C    A    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
203         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/02/2026    Resolved    FCRE8999    Credit    No Credit
Findings
  The loan meets all applicable credit guidelines.              Informational    06/02/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    C    A    A    A    A    A    A    A    C    A    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
203         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/02/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    06/02/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    C    A    A    A    A    A    A    A    C    A    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
192         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/02/2026    Resolved    FCRE1165    Credit    Flood
Insurance
Policy
Partially
Provided
   Flood Insurance Policy Partially Provided There is proof of payment for for flood insurance premium but we will need the complete policy    Document Uploaded. Provided in original submission    06/10/2026    Documentation provided is sufficient. Exception resolved.; Flood Insurance Policy is fully present.    06/11/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    B    D    A    D    A    B    B    A    A    D    D    B    A    D    D    B    A    D    D    B    A    D    D    B    A    D    D    B    A    B    A    B    A    B    A    B    A    B    A    B    A    B    A    B    A    B    A    B    A
192         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/02/2026    Acknowledged    FPRO1839    Property    Property
flood
zone
reflects
property
is in a
Flood
Zone but
Special
Flood
Zone is
marked
No
   Property flood zone of XXX reflects property is in a flood zone but XXX is marked No There is flood insurance payment information but will need the complete flood insurance policy              Acknowledged, accepting 2/B grading    06/04/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    B    B    B    D    A    B    B    A    A    D    D    B    A    D    D    B    A    D    D    B    A    D    D    B    A    D    D    B    A    B    A    B    A    B    A    B    A    B    A    B    A    B    A    B    A    B    A    B    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
192         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/02/2026    Resolved    FPRO8998    Property    No
Property
Findings
  Property and valuations related findings were not identified on the loan.              Informational    06/04/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    B    A    A    D    A    B    B    A    A    D    D    B    A    D    D    B    A    D    D    B    A    D    D    B    A    D    D    B    A    B    A    B    A    B    A    B    A    B    A    B    A    B    A    B    A    B    A    B    A
192         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/03/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
  The loan is in compliance with all applicable laws and regulations.              Informational    06/04/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    B    A    A    D    A    B    B    A    A    D    D    B    A    D    D    B    A    D    D    B    A    D    D    B    A    D    D    B    A    B    A    B    A    B    A    B    A    B    A    B    A    B    A    B    A    B    A    B    A
209         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/03/2026    Resolved    FCOM3849    Compliance    Evidence of
Appraisal
Delivery to
Borrower
not
Provided or
Late (12
CFR
1002.14(a)(1))
  The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR XXX(a)(XXX)). Documentation required to clear exception: Evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date is required, but missing from the file.    Copy of Email Delivered    06/19/2026    Evidence of appraisal delivery provided.; Evidence of appraisal delivery received.; Document Uploaded.    06/25/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 79.46% is less than Guideline CLTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 79.46% is less than Guideline LTV of 89.99%    B    A    B    A    A    A    A    A    B    A    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
209         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/02/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    06/04/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 79.46% is less than Guideline CLTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 79.46% is less than Guideline LTV of 89.99%    B    A    A    A    A    A    A    A    B    A    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
213         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/08/2026    Resolved    finding-
3634
   Compliance    Charges That
Cannot Increase
Test
   TILA 130b Cure Required: Refund in the amount of $XXX; Cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery or Valid COC. The zero tolerance violation in the amount of XXX is due to the addition of the CDA/Appraisal Review fee on the LE dated XX/XX/XXXX. The COC dated XX/XX/XXXX was not accepted. The appraisal desk review was delivered on XX/XX/XXXX but the fee was not disclosed until XX/XX/XXXX. This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i) One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX lease see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).    Document Uploaded.    06/11/2026    Lender confirmed appraisal review was included in the appraisal fee on the initial LE; exception resolved; Lender confirmed appraisal review was included in the appraisal fee on the initial LE; exception resolved    06/15/2026    Borrower has stable job time — Borrower has XXX years on job. | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 61.46% is less than Guideline CLTV of 80% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum — Calculated LTV of 61.46% is less than Guideline LTV of 80%    C    B    C    A    A    A    A    A    C    B    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
213         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/09/2026    Acknowledged    FCOM1266    Compliance    Homeownership
Counseling
Disclosure Is
Missing
   Homeownership Counseling Disclosure Is Missing. Documentation required to clear exception: Provide homeownership counseling disclosure that was provided to the consumer within XXX-business days of application, XX/XX/XXXX.              Exception is non-material and graded as level 2/B.    06/09/2026    Borrower has stable job time — Borrower has XXX years on job. | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 61.46% is less than Guideline CLTV of 80% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum — Calculated LTV of 61.46% is less than Guideline LTV of 80%    C    B    B    B    A    A    A    A    C    B    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
213         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/09/2026    Acknowledged    FCOM5135    Compliance    Missing
Required
Affiliated
Business
Disclosure
   Required Affiliated Business Disclosure Missing. Documentation required to clear exception: Please provide proof that the Affiliated Business Disclosure was provided prior to closing or provide confirmation that the lender has no affiliates.              Exception is non-material and graded as level 2/B.    06/09/2026    Borrower has stable job time — Borrower has XXX years on job. | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 61.46% is less than Guideline CLTV of 80% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum — Calculated LTV of 61.46% is less than Guideline LTV of 80%    C    B    B    B    A    A    A    A    C    B    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
213         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/09/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    06/09/2026    Borrower has stable job time — Borrower has XXX years on job. | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 61.46% is less than Guideline CLTV of 80% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum — Calculated LTV of 61.46% is less than Guideline LTV of 80%    C    B    A    A    A    A    A    A    C    B    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
213         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/09/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    06/09/2026    Borrower has stable job time — Borrower has XXX years on job. | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 61.46% is less than Guideline CLTV of 80% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum — Calculated LTV of 61.46% is less than Guideline LTV of 80%    C    B    A    A    A    A    A    A    C    B    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
183         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/09/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    06/10/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
183         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/09/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    06/10/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
183         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/09/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    06/10/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
194         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/09/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    06/10/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 75% is less than Guideline LTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job. | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75% is less than Guideline CLTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
194         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/10/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    06/10/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 75% is less than Guideline LTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job. | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75% is less than Guideline CLTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
194         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/10/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    06/10/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 75% is less than Guideline LTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job. | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75% is less than Guideline CLTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
195         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/09/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    06/09/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
195         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/09/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan.              Informational    06/09/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
195         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/09/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines. The loan meets all applicable credit guidelines.              Informational    06/09/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
197         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/09/2026    Acknowledged    FCOM3849    Compliance    Evidence
of
Appraisal
Delivery
to
Borrower
not
Provided
or Late
(12 CFR
1002.14(a)(1))
  The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR XXX(a)(XXX)). Documentation required to clear exception: Evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date is required, but missing from the file. (Proof of delivery is XX/XX/XXXX with a closing date of XX/XX/XXXX) If borrower waived the XXX day timing requirement, provide an executed appraisal waiver.              Exception is non-material and graded as level 2/B.    06/09/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    B    B    B    B    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
197         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/09/2026    Resolved    FPRO8998    Property    No
Property
Findings
  Property and valuations related findings were not identified on the loan.              Informational    06/09/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    B    B    A    A    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
197         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/09/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
  The loan meets all applicable credit guidelines.              Informational    06/09/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    B    B    A    A    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
208         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/09/2026    Resolved    FCOM3849    Compliance    Evidence
of
Appraisal
Delivery
to
Borrower
not
Provided
or Late
(12 CFR
1002.14(a)(1))
  The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR XXX(a)(XXX)). Documentation required to clear exception: Evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date is required, but missing from the file.    Copy of Email Delivered    06/19/2026    Evidence of appraisal delivery received. Condition resolved.; Document Uploaded. ; Exception is non-material and graded as level 2/B.    06/24/2026    Original CLTV is Below the Guideline Maximum — Calculated CLTV of 68.97% is less than Guideline CLTV of 80% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original LTV is Below the Guideline Maximum — Calculated LTV of 68.97% is less than Guideline LTV of 80%    B    A    B    A    A    A    A    A    B    A    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
208         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/10/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
  The loan meets all applicable credit guidelines.              Informational    06/10/2026    Original CLTV is Below the Guideline Maximum — Calculated CLTV of 68.97% is less than Guideline CLTV of 80% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original LTV is Below the Guideline Maximum — Calculated LTV of 68.97% is less than Guideline LTV of 80%    B    A    A    A    A    A    A    A    B    A    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
208         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/10/2026    Resolved    FPRO8998    Property    No
Property
Findings
  Property and valuations related findings were not identified on the loan.              Informational    06/10/2026    Original CLTV is Below the Guideline Maximum — Calculated CLTV of 68.97% is less than Guideline CLTV of 80% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original LTV is Below the Guideline Maximum — Calculated LTV of 68.97% is less than Guideline LTV of 80%    B    A    A    A    A    A    A    A    B    A    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
187         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/11/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    06/13/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 67% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 67% is less than Guideline LTV of 89.99%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
187         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/11/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    06/13/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 67% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 67% is less than Guideline LTV of 89.99%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
187         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/11/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    06/13/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 67% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 67% is less than Guideline LTV of 89.99%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
190         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/11/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    06/13/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
190         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/12/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    06/13/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
190         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/12/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    06/13/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
196         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/10/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    06/13/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
196         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/10/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    06/13/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
196         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/10/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    06/13/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
198         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/11/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    06/13/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
198         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/11/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan.              Informational    06/13/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
198         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/11/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines. The loan meets all applicable credit guidelines.              Informational    06/13/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
204         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/11/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    06/13/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
204         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/11/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    06/13/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
204         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/12/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    06/13/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
205         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/11/2026    Acknowledged    FCRE1148    Credit    Title
Coverage is
Less than
Subject
Lien
   Title Coverage Amount of XXX is Less than Total Amount of Subject Lien $XXX.              Acknowledged, accepting 2/B grading    07/31/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    B    B    B    B    B    B    A    A    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A
205         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/11/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    06/13/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    B    B    A    A    B    B    A    A    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A
205         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/12/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    06/13/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    B    B    A    A    B    B    A    A    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
210         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/11/2026    Acknowledged    FCOM3849    Compliance    Evidence
of
Appraisal
Delivery
to
Borrower
not
Provided
or Late
(12 CFR
1002.14(a)(1))
  The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR XXX(a)(XXX)). Documentation required to clear exception — Evidence confirming a copy of the appraisal was provided to the consumer at least XXX business days prior to the consummation date is required but missing from the file.              Acknowledged, accepting 2/B grading    07/31/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original LTV is Below the Guideline Maximum — Calculated LTV of 76.4% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 76.4% is less than Guideline CLTV of 89.99%    B    B    B    B    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
210         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/11/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
  The loan meets all applicable credit guidelines.              Informational    06/13/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original LTV is Below the Guideline Maximum — Calculated LTV of 76.4% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 76.4% is less than Guideline CLTV of 89.99%    B    B    A    A    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
210         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/11/2026    Resolved    FPRO8998    Property    No
Property
Findings
  Property and valuations related findings were not identified on the loan.              Informational    06/13/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original LTV is Below the Guideline Maximum — Calculated LTV of 76.4% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 76.4% is less than Guideline CLTV of 89.99%    B    B    A    A    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
211         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/11/2026    Acknowledged    FCOM3849    Compliance    Evidence
of
Appraisal
Delivery
to
Borrower
not
Provided
or Late
(12 CFR
1002.14(a)(1))
  The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR XXX(a)(XXX)). Documentation required to clear exception — Evidence confirming a copy of the appraisal was provided to the consumer at least XXX business days prior to the consummation date is required but missing from the file.              Acknowledged, accepting 2/B grading    07/31/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 69.2% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 69.2% is less than Guideline CLTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    B    B    B    B    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
211         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/11/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
  The loan meets all applicable credit guidelines.              Informational    06/13/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 69.2% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 69.2% is less than Guideline CLTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    B    B    A    A    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
211         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/11/2026    Resolved    FPRO8998    Property    No
Property
Findings
  Property and valuations related findings were not identified on the loan.              Informational    06/13/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 69.2% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 69.2% is less than Guideline CLTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    B    B    A    A    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
215         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/12/2026    Acknowledged    FCOM5135    Compliance    Missing
Required
Affiliated
Business
Disclosure
   Required Affiliated Business Disclosure Missing. Documentation required to clear exception: Please provide proof that the Affiliated Business Disclosure was provided prior to closing or provide confirmation that the lender has no affiliates.              Acknowledged, accepting 2/B grading    07/31/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    B    B    B    B    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
215         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/12/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    06/13/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    B    B    A    A    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
215         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/12/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    06/13/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    B    B    A    A    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
216         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/19/2026    Acknowledged    FCRE1148    Credit    Title Coverage
is Less than
Subject Lien
   Title Coverage Amount of XXX is Less than Total Amount of Subject Lien $XXX. Please provide Title supplement with Loan Policy amount of XXX    XXX — Non-Material — we acknowledged that final title will contain the correct final loan amount. ; Acknowledged — please clear.    07/15/2026    Client acknowledged condition. Event level XXX “Non-Material — we acknowledged that final title will contain the correct final loan amount.”; Please provide the title update/supplement showing sufficient coverage. Additional conditions may apply.    07/16/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 47.48% is less than Guideline CLTV of 80% | Original LTV is Below the Guideline Maximum — Calculated LTV of 47.48% is less than Guideline LTV of 80%    D    B    B    B    D    B    A    A    D    B    D    D    A    D    D    D    A    D    D    D    A    D    D    D    A    D    D    D    A    D    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B
216         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/14/2026    Acknowledged    FCOM9186    Compliance    eSigned
Documents
Consent is
Missing
   The signed consent disclosure is missing. Documentation required. 1st e-signed document in the file is dated XX/XX/XXXX, however missing proof of e-consent dated XX/XX/XXXX or before.              Acknowledged, accepting 2/B grading; Acknowledged, accepting 2/B grading    06/27/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 47.48% is less than Guideline CLTV of 80% | Original LTV is Below the Guideline Maximum — Calculated LTV of 47.48% is less than Guideline LTV of 80%    D    B    B    B    D    B    A    A    D    B    D    D    A    D    D    D    A    D    D    D    A    D    D    D    A    D    D    D    A    D    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B
216         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/14/2026    Acknowledged    FCOM1266    Compliance    Homeownership
Counseling
Disclosure Is
Missing
   Homeownership Counseling Disclosure Is Missing Documentation required to clear exception: Provide homeownership counseling disclosure that was provided to the consumer within XXX-business days of application, XX/XX/XXXX.              Acknowledged, accepting 2/B grading; Acknowledged, accepting 2/B grading    06/27/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 47.48% is less than Guideline CLTV of 80% | Original LTV is Below the Guideline Maximum — Calculated LTV of 47.48% is less than Guideline LTV of 80%    D    B    B    B    D    B    A    A    D    B    D    D    A    D    D    D    A    D    D    D    A    D    D    D    A    D    D    D    A    D    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
216         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/14/2026    Resolved    FCRE1145    Credit    Title
Document
Missing
   Title Document is missing not in file    Document Uploaded.    06/18/2026    Title Document is fully Present.    06/19/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 47.48% is less than Guideline CLTV of 80% | Original LTV is Below the Guideline Maximum — Calculated LTV of 47.48% is less than Guideline LTV of 80%    D    B    D    A    D    B    A    A    D    B    D    D    A    D    D    D    A    D    D    D    A    D    D    D    A    D    D    D    A    D    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B
216         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/01/2026    Resolved    finding-
3634
   Compliance    Charges
That
Cannot
Increase
Test
   TILA 130b Cure Required. Refund in the amount of XXX cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery or Valid COC. The zero tolerance violation in the amount of TILA 130b Cure Required. Refund in the amount of XXX cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery or Valid COC. The zero tolerance violation in the amount of This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i) One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX lease see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures. An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(I). This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i) One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX lease see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures. An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(I). TILA 130b Cure Required. Refund in the amount of XXX cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery or Valid COC. The zero tolerance violation in the amount of XXX is due to the increase in mortgage broker fee on the CD without a COC in file TILA 130b Cure Required. Refund in the amount of XXX cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery or Valid COC. The zero tolerance violation in the amount of XXX is due to the increase in mortgage broker fee on the CD without a COC in file This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i) One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX lease see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures. An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(I). This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i) One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX lease see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures. An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(I). Document Uploaded. Document Uploaded. Document Uploaded. Valid COC provided; exception resolved Valid COC provided; exception resolved              Valid COC provided; exception resolved    06/15/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 47.48% is less than Guideline CLTV of 80% | Original LTV is Below the Guideline Maximum — Calculated LTV of 47.48% is less than Guideline LTV of 80%    D    B    C    A    D    B    A    A    D    B    D    D    A    D    D    D    A    D    D    D    A    D    D    D    A    D    D    D    A    D    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B
216         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/14/2026    Resolved    FCOM1252    Compliance    TRID:
Missing
Loan
Estimate
   The initial and/or any revised Loan Estimate is missing. As a result, a full review for compliance with timing and tolerance requirements could not be performed. The defect can be cured by providing the initial and any revised Loan Estimates that were issued to the consumer.    Document Uploaded.    05/29/2026    LEs provided; exception resolved    06/01/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 47.48% is less than Guideline CLTV of 80% | Original LTV is Below the Guideline Maximum — Calculated LTV of 47.48% is less than Guideline LTV of 80%    D    B    D    A    D    B    A    A    D    B    D    D    A    D    D    D    A    D    D    D    A    D    D    D    A    D    D    D    A    D    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
216         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   05/14/2026    Resolved    FPRO8998    Property    No
Property
Findings
  Property and valuations related findings were not identified on the loan.              Informational    05/15/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 47.48% is less than Guideline CLTV of 80% | Original LTV is Below the Guideline Maximum — Calculated LTV of 47.48% is less than Guideline LTV of 80%    D    B    A    A    D    B    A    A    D    B    D    D    A    D    D    D    A    D    D    D    A    D    D    D    A    D    D    D    A    D    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B
274         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/02/2026    Resolved    FPRO1245    Property    Appraisal
is
Expired
  Primary Value Appraisal is Expired The appraisal is dated XX/XX/XXXX, XXX is XX/XX/XXXX.    Document Uploaded. ; Document Uploaded. XXX is XX/XX/XXXX    07/20/2026    Finding cleared using Appraisal update form 1004D to correct expired appraisal.; Primary Value Appraisal is Not Expired Or Primary Valuation Does Not Exist.; The Primary Value Appraisal has expired. The appraisal report is dated XX/XX/XXXX, while the XXX is XX/XX/XXXX.    07/20/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 76.73% is less than Guideline CLTV of 89.99%. | Original LTV is Below the Guideline Maximum — Calculated LTV of 76.73% is less than Guideline LTV of 89.99%.    C    B    C    A    A    A    C    A    C    B    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
274         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/02/2026    Acknowledged    FCOM3849    Compliance    Evidence
of
Appraisal
Delivery
to
Borrower
not
Provided
or Late
(12 CFR
1002.14(a)(1))
  The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR XXX(a)(XXX)). Documentation required to clear exception: Evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date is required, but missing from the file.              Acknowledged, accepting 2/B grading; Acknowledged, accepting 2/B grading    06/27/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 76.73% is less than Guideline CLTV of 89.99%. | Original LTV is Below the Guideline Maximum — Calculated LTV of 76.73% is less than Guideline LTV of 89.99%.    C    B    B    B    A    A    C    A    C    B    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
274         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/02/2026    Resolved    finding-
3634
   Compliance    Charges
That
Cannot
Increase
Test
   This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i) One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX lease see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures. An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(I). TILA 130b Cure Required. Refund in the amount of $XXX; cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery or Valid COC. The zero tolerance violation in the amount of XXX is due to increase from XXX to XXX for the Service Fee.    Document Uploaded.    06/11/2026    Valid COC provided; exception resolved; Valid COC provided; exception resolved    06/15/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 76.73% is less than Guideline CLTV of 89.99%. | Original LTV is Below the Guideline Maximum — Calculated LTV of 76.73% is less than Guideline LTV of 89.99%.    C    B    C    A    A    A    C    A    C    B    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
274         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/02/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    06/02/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 76.73% is less than Guideline CLTV of 89.99%. | Original LTV is Below the Guideline Maximum — Calculated LTV of 76.73% is less than Guideline LTV of 89.99%.    C    B    A    A    A    A    C    A    C    B    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
255         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/05/2026    Cured    finding-
3634
   Compliance    Charges
That
Cannot
Increase
Test
   This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i) One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX lease see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures. An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(I). TILA 130b Cure Required. Refund in the amount of $XXX; cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery or Valid COC. The zero tolerance violation in the amount of XXX is due to increase of the appraisal fee from XXX to XXX on the CD dated XX/XX/XXXX without valid COC and addition of the MERS registration fee of XXX on the CD dated XX/XX/XXXX without valid COC.    Document Uploaded.    07/01/2026    Cure package provided to the borrower; exception downgraded to a 2/B    07/27/2026    Borrower has stable job time — Borrower has XXX years on job. | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 76.54% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 76.54% is less than Guideline LTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    C    B    C    B    A    A    A    A    C    B    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
255         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/02/2026    Resolved    finding-
3652
   Compliance    Lender
Credits
That
Cannot
Decrease
Test
   TILA 130b Cure Required. Refund in the amount of XXX cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery. The lender credit tolerance violation in the amount of XXX is due to the decrease in the lender credits on the PCCD provided TILA 130b Cure Required. Refund in the amount of XXX cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery. The lender credit tolerance violation in the amount of XXX is due to the decrease in the lender credits on the PCCD provided This loan failed the lender credits that cannot decrease test. (12 CFR §1026.19(e)(3)(i) The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits XXX does not exceed or equal the comparable sum of specific and non-specific lender credits ($XXX). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures. An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(I). This loan failed the lender credits that cannot decrease test. (12 CFR §1026.19(e)(3)(i) The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits XXX does not exceed or equal the comparable sum of specific and non-specific lender credits ($XXX). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures. An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(I). Document Uploaded. Document Uploaded. Document Uploaded. Lender provided updated PCCD; exception resolved Lender provided updated PCCD; exception resolved    Document Uploaded.    07/16/2026    Lender provided updated PCCD and cure package evidencing that the tolerance cure was within 60 days of consummation and prior to TPR review; therefore it is considered resolved and final A grade.    07/17/2026    Borrower has stable job time — Borrower has XXX years on job. | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 76.54% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 76.54% is less than Guideline LTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    C    B    C    A    A    A    A    A    C    B    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
255         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/05/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
   The loan meets all applicable credit guidelines.              Informational Only    06/08/2026    Borrower has stable job time — Borrower has XXX years on job. | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 76.54% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 76.54% is less than Guideline LTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    C    B    A    A    A    A    A    A    C    B    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
255         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/05/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational Only    06/08/2026    Borrower has stable job time — Borrower has XXX years on job. | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 76.54% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 76.54% is less than Guideline LTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    C    B    A    A    A    A    A    A    C    B    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
219         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/16/2026    Cured    finding-
3634
   Compliance    Charges
That
Cannot
Increase
Test
   This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i) One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX lease see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures. An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(I). TILA 130b Cure required. Refund in that amount of XXX Cure package requires a PCCD, LOE, Copy of Refund Check, or Valid COC. The zero tolerance in the amount of XXX is due to the addition of the Verification fee in the amount of XXX added to the CD XX/XX/XXXX. COC in file does not detail reason Increased Fee.    Document Uploaded. ; Document Uploaded.    07/24/2026    Cure package provided to the borrower; exception downgraded to a 2/B; Cure package provided to the borrower; exception downgraded to a 2/B; The order of the verification services was completed on XXX/XXX, but not disclosed until XX/XX/XXXX therefore it is not considered to have been disclosed timely    07/27/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 75% is less than Guideline LTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75% is less than Guideline CLTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    C    B    C    B    A    A    A    A    C    B    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
219         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/16/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
   The loan meets all applicable credit guidelines. The loan meets all applicable credit guidelines.              Informational    06/17/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 75% is less than Guideline LTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75% is less than Guideline CLTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    C    B    A    A    A    A    A    A    C    B    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
219         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/16/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan.              Informational    06/17/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 75% is less than Guideline LTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75% is less than Guideline CLTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    C    B    A    A    A    A    A    A    C    B    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
256         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/17/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    06/18/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
256         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/17/2026    Resolved    FPRO8998    Property    No
Property
Findings
   No Findings Property and valuations related findings were not identified on the loan.              Informational    06/18/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
217         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/22/2026    Cured    finding-
3634
   Compliance    Charges
That
Cannot
Increase
Test
   TILA 130 Cure Required. Refund in the amount of $XXX; cure package requires a PCCD, LOE, and Copy of Refund Check, or Valid COC. The zero tolerance violation in the amount of XXX is due to increase from XXX to XXX for the Appraisal Fee on the LE dated XX/XX/XXXX. The COC does not provide enough information as to why the fee increased This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i) One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX lease see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures. An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(I).    Document Uploaded.    07/21/2026    Cure package provided to the borrower; exception downgraded to a 2/B    07/22/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 54.76% is less than Guideline LTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 54.76% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    C    B    C    B    A    A    A    A    C    B    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
217         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/19/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    06/23/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 54.76% is less than Guideline LTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 54.76% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    C    B    A    A    A    A    A    A    C    B    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
217         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/22/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan.              Informational    06/23/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 54.76% is less than Guideline LTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 54.76% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    C    B    A    A    A    A    A    A    C    B    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
222         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/29/2026    Resolved    finding-
3634
   Compliance    Charges
That
Cannot
Increase
Test
   This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i) One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX lease see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures. An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(I). TILA 130b Cure Required. Refund in the amount of $XXX; cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery or Valid COC. The zero tolerance violation in the amount of XXX is due to increase of the appraisal fee from XXX to XXX on the CD dated XX/XX/XXXX without valid COC.    Document Uploaded.    07/15/2026    Valid COC provided; exception resolved; Valid COC provided; exception resolved    07/16/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 75% is less than Guideline LTV of 89.99%    C    A    C    A    A    A    C    A    C    A    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
222         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/30/2026    Resolved    finding-
3635
   Compliance    Charges
That In
Total
Cannot
Increase
More
Than
XXX%
Test
  This loan failed the charges that in total cannot increase more than XXX% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than XXX% XXX exceed the comparable charges XXX by more than XXX% Please see the table that displays the Charges That Cannot Increase More Than XXX% for a comparison of the data between the provided disclosures. An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(I) by more than XXX percent;(B) The charge for the third-party service is not paid to the XXX or an affiliate of the XXX; and(C) The XXX permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi). TILA 130b Cure Required. Refund in the amount of $XXX; cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery or Valid COC. The XXX% tolerance violation in the amount of XXX is due to the addition of the XXX pest inspection fee on CD dated XX/XX/XXXX. Pest inspection fee is not listed on written list of service providers or noted as title fee; so, the fee was tested using XXX% tolerance.    Document Uploaded.    07/15/2026    Lender confirmed pest inspection was not a required service; exception resolved; Lender confirmed pest inspection was not a required service; exception resolved    07/16/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 75% is less than Guideline LTV of 89.99%    C    A    C    A    A    A    C    A    C    A    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
222         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/26/2026    Resolved    FPRO9990    Property    Third
Party
Valuation
Product
Not
Provided
within
XXX%
Tolerance
  Third Party Valuation Product Not Provided or Not Provided Within Tolerance.    Document Uploaded.    07/13/2026    Third party valuation product provided within tolerance.    07/14/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 75% is less than Guideline LTV of 89.99%    C    A    C    A    A    A    C    A    C    A    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
222         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   06/26/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
  The loan meets all applicable credit guidelines.              Informational    07/01/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 75% is less than Guideline LTV of 89.99%    C    A    A    A    A    A    C    A    C    A    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    C    C    A    C    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
273         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/06/2026    Resolved    finding-
3634
   Compliance    Charges
That
Cannot
Increase
Test
  This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i) One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX lease see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures. An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(I). TILA 130b Cure required. Refund in the amount of XXX cure package requires a PCCD OE, Copy of refund Check and proof of delivery or Valid COC. The zero tolerance violation in the amount XXX is due to an increase from XXX to XXX for the loan discount points increasing on LE XX/XX/XXXX and from XXX to XXX for the appraisal fee increasing on LE XX/XX/XXXX. A COC is required to determine if this was a valid change.    Document Uploaded. ; Document Uploaded.    07/22/2026    Valid COC with applicable LEs provided; exception resolved; This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i) One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX lease see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures. An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).; This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i) One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX lease see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures. An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).; The file did not contain the disclosures within XXX days of the COCs dated XX/XX/XXXX and XX/XX/XXXX    07/24/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    C    B    C    A    A    A    A    A    C    B    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
273         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/06/2026    Acknowledged    FCOM3849    Compliance    Evidence
of
Appraisal
Delivery
to
Borrower
not
Provided
or Late
(12 CFR
1002.14(a)(1))
  The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR XXX(a)(XXX)). Documentation required to clear exception: Evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date is required, but missing from the file.              Acknowledged, accepting 2/B grading    07/07/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    C    B    B    B    A    A    A    A    C    B    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
273         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/02/2026    Resolved    FPRO8998    Property    No
Property
Findings
  Property and valuations related findings were not identified on the loan.              Informational    07/07/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    C    B    A    A    A    A    A    A    C    B    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
273         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/02/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    07/07/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    C    B    A    A    A    A    A    A    C    B    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
229         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/06/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    07/08/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum — Calculated LTV of 79.41% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 79.41% is less than Guideline CLTV of 89.99%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
229         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/06/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    07/08/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum — Calculated LTV of 79.41% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 79.41% is less than Guideline CLTV of 89.99%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
229         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/07/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    07/08/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum — Calculated LTV of 79.41% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 79.41% is less than Guideline CLTV of 89.99%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
276         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/10/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    07/13/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum — Calculated LTV of 48.47% is less than Guideline LTV of 70% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 48.47% is less than Guideline CLTV of 70% | Borrower has stable job time — Borrower has XXX years on job.    C    A    A    A    A    A    C    A    A    A    C    A    C    A    C    A    C    A    C    A    C    A    C    A    C    A    C    A    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
276         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/13/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    07/13/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum — Calculated LTV of 48.47% is less than Guideline LTV of 70% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 48.47% is less than Guideline CLTV of 70% | Borrower has stable job time — Borrower has XXX years on job.    C    A    A    A    A    A    C    A    A    A    C    A    C    A    C    A    C    A    C    A    C    A    C    A    C    A    C    A    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
218         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/10/2026    Resolved    FCRE1964    Credit    Missing
income
documentation
   The loan application reflects the borrower works for XXX since XX/XX/XXXX with an address in XXX. The loan file contained the borrower’s offer letter dated XX/XX/XXXX which reflected the borrower’s work location as the XXX. The offer letter also reflects relocation support which is contingent upon the borrower relocating to the assigned work location. The offer letter mentions a separate relocation letter which was not located in the loan file. Provide proof the borrower is eligible to continue to live and work in XXX, XXX and not required to relocate to the location office of XXX reflected in the offer letter.    Document Uploaded. ; Per the XXX Profile, rent must be verified only if the subject is a XXX, XXX Property or there is a Non-Occupant Borrower. In this case the subject is a primary residence.    07/31/2026    Client provided evidence to support work location is within driving distance. Resolved condition. ; Countered — Please re-review the condition — Need evidence of employment location The loan file contained the borrower’s offer letter dated XX/XX/XXXX which reflected the borrower’s work location as the XXX. The offer letter also reflects relocation support which is contingent upon the borrower relocating to the assigned work location. The offer letter mentions a separate relocation letter which was not located in the loan file. Provide proof the borrower is eligible to continue to live and work in XXX, XXX and not required to relocate to the location office of XXX reflected in the offer letter.    08/03/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum — Calculated LTV of 75% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75% is less than Guideline CLTV of 89.99%    D    A    D    A    D    A    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
218         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/10/2026    Resolved    FPRO8998    Property    No Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    07/13/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum — Calculated LTV of 75% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75% is less than Guideline CLTV of 89.99%    D    A    A    A    D    A    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
218         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/13/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    07/13/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum — Calculated LTV of 75% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75% is less than Guideline CLTV of 89.99%    D    A    A    A    D    A    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
259         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/13/2026    Acknowledged    finding-
3367
   Compliance    RESPA
Homeownership
Counseling
Organizations
Disclosure Date
Test
  Documentation required to clear exception: Homeownership counseling disclosures in file were not dated within XXX business days of the XXX. Provide homeownership counseling disclosure that was provided to the consumer within XXX business days of application, XX/XX/XXXX. This loan failed the homeownership counseling organizations disclosure date test due to the following findings: (12 CFR §1024.20(a) The loan has a homeownership counseling organizations disclosure date that is not within three business days of the loan Originator’s XXX (or the date XXX received application if loan Originator’s XXX is not provided); orthel homeownership counseling organizations disclosure date is after the closing date. Not later than three business days after a lender, mortgage broker, or dealer receives an application, or information sufficient to complete an application, the lender must provide the loan applicant with a clear and conspicuous written list of homeownership counseling organizations that provide relevant counseling services in the loan applicant’s location. The list of homeownership counseling organizations distributed to each loan applicant under this section shall be obtained no earlier than XXX days prior to the time when the list is provided to the loan applicant from either:(XXX The website maintained by the Bureau for lenders to use in complying with the requirements of this section; or(XXX ata made available by the Bureau or HUD for lenders to use in complying with the requirements of this section, provided that the data is used in accordance with instructions provided with the data. This calculation take into account a user-submitted designation of the days that the XXX’s office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1024.2(b) and as it relates to §1024.20 (list of homeownership counseling organizations provided not later than 3 business days after a loan originator receives an application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page: As not being open on Sundays not being open on Saturday PLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, Compliance Analyzer calculations will presume the company’s offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict. Please note: This test does not validate the content of any list of homeownership counseling organizations.    Acknowledged, accepting 2/B grading    08/11/2026    ; Acknowledged, accepting 2/B grading; Acknowledged, accepting 2/B grading    08/11/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 75% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75% is less than Guideline CLTV of 89.99%    D    B    B    B    D    A    A    A    C    B    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
259         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/13/2026    Resolved    finding-
3635
   Compliance    Charges That In
Total Cannot
Increase More
Than XXX%
Test
  This loan failed the charges that in total cannot increase more than XXX% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than XXX% XXX exceed the comparable charges XXX by more than XXX% Please see the table that displays the Charges That Cannot Increase More Than XXX% for a comparison of the data between the provided disclosures. An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(I) by more than XXX percent;(B) The charge for the third-party service is not paid to the XXX or an affiliate of the XXX; and(C) The XXX permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi). Because the SSPL was issued late on XX/XX/XXXX, fees in Section C were subject to XXX% tolerance. The changes resulted in threshold to go above allowable tolerance. A cost to cure in the amount of XXX is required. The defect may be resolved by providing the SPL dated within XXX business days of the XXX, XX/XX/XXXX. If curing the violation: Refund in the amount of $XXX; cure package requires a PCCD, LOE, and Copy of Refund Check, and proof of delivery.    Document Uploaded. ; Document Uploaded.    07/28/2026    PCCD and FSS provided; exception resolved ; PCCD and FSS provided; exception resolved ; Updated cure amount to XXX The recording fees increased without a valid COC ; This loan failed the charges that in total cannot increase more than XXX% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than XXX% XXX exceed the comparable charges XXX by more than XXX% Please see the table that displays the Charges That Cannot Increase More Than XXX% for a comparison of the data between the provided disclosures. An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than XXX percent;(B) The charge for the third-party service is not paid to the XXX or an affiliate of the XXX; and(C) The XXX permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).    07/29/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 75% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75% is less than Guideline CLTV of 89.99%    D    B    C    A    D    A    A    A    C    B    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
259         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/10/2026    Resolved    FCRE1185    Credit    AUS Partially
Provided
  AUS Partially Provided. As per the documents provided, the subject property’s PITI is $XXX. However, the most recent AUS reflects a PITI of XXX which matches the Initial CD showing taxes of XXX and insurance of XXX creating a discrepancy. Therefore, the AUS was updated as partial, and the taxes and insurance were corrected to align with the supporting documentation.    I’m not sure why the XXX, is that material? The last-run XXX was XXX #XXX. ; Document Uploaded. The latest XXX submission #XXX reflects Proposed Housing $XXX.    07/28/2026    Client confirmed the last run XXX was XXX Submission # XXX XX/XX/XXXX on pg XXX The XXX Key numbers are not an issue. Exception resolved.; AUS is not incomplete.; Based on the documentation in the loan file there were XXX different XXX Key Numbers XXXd with the subject XXX and XXX. Please provide clarification as to the reason for XXX different case files. Upon receipt, additional documentation may be be required.    07/29/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 75% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75% is less than Guideline CLTV of 89.99%    D    B    D    A    D    A    A    A    C    B    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
259         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/13/2026    Acknowledged    FCOM5135    Compliance    Missing
Required
Affiliated
Business
Disclosure
   Required Affiliated Business Disclosure Missing. Documentation required to clear exception: Please provide proof that the Affiliated Business Disclosure was provided prior to closing or provide confirmation that the lender has no affiliates or made no referral of business to affiliates.         Acknowledged, accepting 2/B grading    07/14/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 75% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75% is less than Guideline CLTV of 89.99%    D    B    B    B    D    A    A    A    C    B    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
259         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/10/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    07/14/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 75% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75% is less than Guideline CLTV of 89.99%    D    B    A    A    D    A    A    A    C    B    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
233         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/14/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    07/15/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
233         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/14/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    07/15/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
233         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/15/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    07/15/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
257         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/14/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    07/15/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
257         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/14/2026    Resolved    FPRO8998    Property    No
Property
Findings
  Property and valuations related findings were not identified on the loan.              Informational    07/15/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
257         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/14/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
  The loan is in compliance with all applicable laws and regulations.              Informational    07/15/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
282         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/15/2026    Resolved    FCRE9995    Credit    Audited
Reserves
are less
than
Guideline
Required
Reserves
(Dollar
Amount)
  Audited Reserves of XXX are less than Guideline Required Reserves of $XXX.    Document Uploaded. ; Document Uploaded.    07/31/2026    Audited Reserves of XXX are equal to or greater than AUS Required Reserves of $XXX.; Documentation has been received, and all assets on the worksheet have been considered accordingly. The XXX shortfall is due to the omission of the XXX (account ending in XXX) balance from the closing and reserve calculations on the asset worksheet.    08/03/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    C    B    C    A    C    A    A    A    B    B    C    C    A    B    C    C    A    B    C    C    A    B    C    C    A    B    C    C    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
282         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/15/2026    Resolved    FCRE1198    Credit    Audited
Reserves
are less
than
Guideline
Required
Reserves
(Number
of
Months)
  Audited Reserves of XX/XX/XXXX month(s) are less than Guideline Required Reserves of XXX month(s)    Document Uploaded. ; Document Uploaded.    07/31/2026    Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s); Documentation has been received, and all assets on the worksheet have been considered accordingly. The XXX shortfall is due to the omission of the XXX (account ending in XXX) balance from the closing and reserve calculations on the asset worksheet.    08/03/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    C    B    C    A    C    A    A    A    B    B    C    C    A    B    C    C    A    B    C    C    A    B    C    C    A    B    C    C    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
282         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/14/2026    Acknowledged    FCOM3849    Compliance    Evidence
of
Appraisal
Delivery
to
Borrower
not
Provided
or Late
(12 CFR
1002.14(a)(1))
  The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR XXX(a)(XXX)). Documentation required to clear exception: Evidence confirming a copy of the appraisal was provided to the consumer at least XXX business days prior to the consummation date is required, but missing from the file.              Acknowledged, accepting 2/B grading    07/15/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    C    B    B    B    C    A    A    A    B    B    C    C    A    B    C    C    A    B    C    C    A    B    C    C    A    B    C    C    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
282         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/15/2026    Resolved    FPRO8998    Property    No
Property
Findings
  Property and valuations related findings were not identified on the loan.              Informational    07/15/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    C    B    A    A    C    A    A    A    B    B    C    C    A    B    C    C    A    B    C    C    A    B    C    C    A    B    C    C    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
283         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/15/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
  The loan meets all applicable credit guidelines.              Informational    07/16/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 45.81% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 45.81% is less than Guideline LTV of 89.99%    B    B    A    A    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
283         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/15/2026    Resolved    FPRO8998    Property    No
Property
Findings
  Property and valuations related findings were not identified on the loan.              Informational    07/16/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 45.81% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 45.81% is less than Guideline LTV of 89.99%    B    B    A    A    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
283         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/15/2026    Acknowledged    FCOM3849    Compliance    Evidence
of
Appraisal
Delivery
to
Borrower
not
Provided
or Late
(12 CFR
1002.14(a)(1))
  The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR XXX(a)(XXX)). Documentation required to clear exception: The document provided indicates that the borrower either received, or chose to waive the right to receive the appraisal at least XXX days prior to consummation, but does not confirm the borrower received the appraisal at or prior to consummation.  Provide documentation to show the date the borrower received the appraisal to confirm it was received by the borrower timely.              Acknowledged, accepting 2/B grading    07/16/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 45.81% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 45.81% is less than Guideline LTV of 89.99%    B    B    B    B    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
283         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/15/2026    Acknowledged    FCOM1267    Compliance    Homeownership
Counseling
Disclosure Is
Partially
Provided
   Homeownership Counseling Disclosure Is Partially Provided (Date XXX Received Application is XX/XX/XXXX and XXX is Primary Residence). Documentation required to clear exception: Provide homeownership counseling disclosure that was provided to the consumer within XXX-business days of application, XX/XX/XXXX. The XXX disclosure on page XXX does not provide a date it was disclosed.               Acknowledged, accepting 2/B grading    07/16/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 45.81% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 45.81% is less than Guideline LTV of 89.99%    B    B    B    B    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
283         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/15/2026    Acknowledged    FCOM5135    Compliance    Missing
Required
Affiliated
Business
Disclosure
   Required Affiliated Business Disclosure Missing. Documentation required to clear exception: Please provide proof that the Affiliated Business Disclosure was provided prior to closing or provide confirmation that the lender has no affiliates or made no referral of business to affiliates.              Acknowledged, accepting 2/B grading    07/16/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 45.81% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 45.81% is less than Guideline LTV of 89.99%    B    B    B    B    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
224         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/16/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    07/17/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
224         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/16/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    07/17/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
224         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/17/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    07/17/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
227         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/16/2026    Resolved    FCRE2371    Credit    Missing
final HUD-
XXX from
sale of non-
subject
property
   Provide Final HUD from REO: XXX    Document Uploaded.    07/23/2026    Lender provided the signed final HUD from REO: XXX. Condition cleared.    07/24/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum — Calculated LTV of 55.35% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 55.35% is less than Guideline CLTV of 89.99%    D    A    D    A    D    A    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
227         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/16/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    07/17/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum — Calculated LTV of 55.35% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 55.35% is less than Guideline CLTV of 89.99%    D    A    A    A    D    A    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
227         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/17/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    07/17/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum — Calculated LTV of 55.35% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 55.35% is less than Guideline CLTV of 89.99%    D    A    A    A    D    A    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
221         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/20/2026    Resolved    finding-
3634
   Compliance    Charges
That
Cannot
Increase
Test
   This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i) One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX lease see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures. An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(I). TILA 130b Cure required. Refund in the amount of XXX cure package requires a PCCD, LOE, Copy of Refund Check and proof of Delivery or valid COC. The zero tolerance violation in the amount of XXX is due to the increase from XXX to XXX for Transfer tax fee on CD XX/XX/XXXX.    Document Uploaded.    07/27/2026    Valid COC provided; exception resolved; Valid COC provided; exception resolved    07/28/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum — Calculated LTV of 75% is less than Guideline LTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job. | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75% is less than Guideline CLTV of 89.99%    D    B    C    A    D    A    A    A    C    B    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
221         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/20/2026    Resolved    finding-
3635
   Compliance    Charges That
In Total
Cannot
Increase More
Than XXX%
Test
  This loan failed the charges that in total cannot increase more than XXX% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than XXX% XXX exceed the comparable charges XXX by more than XXX% Please see the table that displays the Charges That Cannot Increase More Than XXX% for a comparison of the data between the provided disclosures. An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(I) by more than XXX percent;(B) The charge for the third-party service is not paid to the XXX or an affiliate of the XXX; and(C) The XXX permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi). TILA 130b Cure required. Refund in the amount of XXX cure package requires a PCCD, LOE, Copy of Refund Check and proof of Delivery or valid COC. The XXX% tolerance violation in the amount of XXX is due to the increase from XXX to XXX for Mortgage recording fee on CD XX/XX/XXXX.    Document Uploaded.    07/27/2026    Valid COC provided; exception resolved; Valid COC provided; exception resolved    07/28/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum — Calculated LTV of 75% is less than Guideline LTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job. | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75% is less than Guideline CLTV of 89.99%    D    B    C    A    D    A    A    A    C    B    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
221         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/17/2026    Resolved    FCRE1964    Credit    Missing
income
documentation
  missing documentation of source/type of income for XXX used to qualify listed as ‘other’ on 1003    Document Uploaded. Primary with plans to rent out the accessory unit. Appraisal shows accessory unit and Rent Schedule XXX at XXX% XXX = XXX    07/23/2026    Cleared per form 1007 confirming primary residence ADU rental income    07/24/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum — Calculated LTV of 75% is less than Guideline LTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job. | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75% is less than Guideline CLTV of 89.99%    D    B    D    A    D    A    A    A    C    B    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
221         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/20/2026    Acknowledged    FCOM9186    Compliance    eSigned
Documents
Consent is
Missing
  The signed consent disclosure is missing. Documentation required, 1st e-signed document in the file is dated XX/XX/XXXX, however missing proof of e-consent dated XX/XX/XXXX or before.              Acknowledged, accepting 2/B grading    07/21/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum — Calculated LTV of 75% is less than Guideline LTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job. | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75% is less than Guideline CLTV of 89.99%    D    B    B    B    D    A    A    A    C    B    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
221         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/17/2026    Resolved    FPRO8998    Property    No
Property
Findings
  Property and valuations related findings were not identified on the loan.              Informational    07/20/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum — Calculated LTV of 75% is less than Guideline LTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job. | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75% is less than Guideline CLTV of 89.99%    D    B    A    A    D    A    A    A    C    B    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    D    D    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
247         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/20/2026    Resolved    finding-
3652
   Compliance    Lender
Credits
That
Cannot
Decrease
Test
  TILA 130b Cure Required. Refund in the amount of $XXX; cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery or Valid COC. The lender credit tolerance violation in the amount of XXX is due to decrease in Lender Credit from XXX to $XXX. This loan failed the lender credits that cannot decrease test. (12 CFR §1026.19(e)(3)(i) The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits XXX does not exceed or equal the comparable sum of specific and non-specific lender credits ($XXX). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures. An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(I).    Document Uploaded.    07/27/2026    Valid COC provided; exception resolved; Valid COC provided; exception resolved; This loan failed the lender credits that cannot decrease test. (12 CFR §1026.19(e)(3)(i) The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits XXX does not exceed or equal the comparable sum of specific and non-specific lender credits ($XXX). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures. An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).    07/28/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    C    B    C    A    A    A    A    A    C    B    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
247         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/17/2026    Resolved    finding-
3526
   Compliance    Revised
Loan
Estimate
Delivery
Date
Test
(prior to
consummation)
  This loan failed the revised loan estimate delivery date test (prior to consummation) due to one of the following findings: (12 CFR §1026.19(e)(4)(ii) The revised loan estimate delivery date is provided and the revised loan estimate method of delivery is marked as either’s First Class Mail” or “Electronic Delivery” or blank, and the revised loan estimate delivery date is less than seven business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or “In Person” and the revised loan estimate delivery date is less than four business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orthel revised loan estimate receipt date is provided and the revised loan estimate receipt date is less than four business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orthel revised loan estimate delivery date is on or after the initial closing disclosure delivery date. The XXX shall not provide a revised version of the disclosures required under §1026.19(e)(1)(I) on or after the date on which the XXX provides the disclosures required under §1026.19(f)(1)(I). The consumer must receive a revised version of the disclosures required under §1026.19(e)(1)(I) not later than four business days prior to consummation. If the revised version of the disclosures required §1026.19(e)(1)(I) is not provided to the consumer in person, the consumer is considered to have received such version three business days after the XXX delivers or places such version in the mail. Without evidence of receipt, using the mailbox rule, it is assumed the disclosure dated XX/XX/XXXX was not received by the consumer XXX business days prior to the consummation date, XX/XX/XXXX. The defect can be cured by providing evidence showing the consumer received the loan estimate at least XXX business days prior to consummation    Document Uploaded.    07/27/2026    Revised LE receipt date provided; exception resolved; Revised LE receipt date provided; exception resolved    07/28/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    C    B    C    A    A    A    A    A    C    B    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
247         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/17/2026    Acknowledged    FCOM1621    Compliance    Missing
Initial
Escrow
Disclosure
   Initial Escrow Account Disclosure is Missing. Documentation required to clear exception: Please provide the Initial Escrow Account Disclosure Statement.              Acknowledged, accepting 2/B grading    07/21/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    C    B    B    B    A    A    A    A    C    B    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
247         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/18/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan.              Informational    07/20/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    C    B    A    A    A    A    A    A    C    B    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
247         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/18/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines. The loan meets all applicable credit guidelines.              Informational    07/20/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    C    B    A    A    A    A    A    A    C    B    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
242         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/20/2026    Resolved    finding-
3634
   Compliance    Charges
That
Cannot
Increase
Test
   This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i) One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX lease see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures. An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(I). TILA 130 Cure Required. Refund in the amount of XXX cure package requires a PCCD, LOE, Copy of Refund Check and proof of Delivery or Valid COC. The tolerance amount of XXX due to increase XXX to XXX for Mortgage Broker Fee on CD dated XX/XX/XXXX. The reimbursement given at closing was applied to the increase in appraisal fees.    Document Uploaded.    07/28/2026    Valid COC provided; exception resolved    07/29/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    C    B    C    A    B    B    A    A    C    B    C    B    A    C    C    B    A    C    C    B    A    C    C    B    A    C    C    B    A    C    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B
242         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/20/2026    Resolved    finding-
3652
   Compliance    Lender
Credits
That
Cannot
Decrease
Test
   This loan failed the lender credits that cannot decrease test. (12 CFR §1026.19(e)(3)(i) The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits XXX does not exceed or equal the comparable sum of specific and non-specific lender credits ($XXX). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures. An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(I). TILA 130 Cure Required. Refund in the amount of XXX cure package requires a PCCD, LOE, Copy of Refund Check and proof of Delivery or Valid COC. The lender credit tolerance amount of XXX due to decrease XXX to XXX for lender credit CD XX/XX/XXXX.    Document Uploaded.    07/28/2026    Valid COC provided; exception resolved; Valid COC provided; exception resolved    07/29/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    C    B    C    A    B    B    A    A    C    B    C    B    A    C    C    B    A    C    C    B    A    C    C    B    A    C    C    B    A    C    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B
242         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/20/2026    Acknowledged    FCRE1148    Credit    Title
Coverage
is Less
than
Subject
Lien
   Title Coverage Amount of XXX is Less than Total Amount of Subject Lien XXX All title documents are showing loan amount of XXX              Acknowledged, accepting 2/B grading    07/21/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    C    B    B    B    B    B    A    A    C    B    C    B    A    C    C    B    A    C    C    B    A    C    C    B    A    C    C    B    A    C    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
242         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/20/2026    Acknowledged    FCOM3849    Compliance    Evidence
of
Appraisal
Delivery
to
Borrower
not
Provided
or Late
(12 CFR
1002.14(a)(1))
  The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR XXX(a)(XXX)). Documentation requires. Evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date XX/XX/XXXX is required, but missing from the file.              Acknowledged, accepting 2/B grading    07/21/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    C    B    B    B    B    B    A    A    C    B    C    B    A    C    C    B    A    C    C    B    A    C    C    B    A    C    C    B    A    C    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B
242         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/21/2026    Resolved    FPRO8998    Property    No
Property
Findings
  Property and valuations related findings were not identified on the loan.              Informational    07/21/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    C    B    A    A    B    B    A    A    C    B    C    B    A    C    C    B    A    C    C    B    A    C    C    B    A    C    C    B    A    C    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B    B    B    A    B
261         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/20/2026    Acknowledged    FCOM5135    Compliance    Missing
Required
Affiliated
Business
Disclosure
  Required Affiliated Business Disclosure Missing. Documentation required. Please provide proof that the Affiliated Business Disclosure was provided prior to closing or provided confirmation that the lender has no affiliates or made no referral of business to affiliates.              Acknowledged, accepting 2/B grading    07/21/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    B    B    B    D    A    A    A    B    B    D    D    A    B    D    D    A    B    D    D    A    B    D    D    A    B    D    D    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
261         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/20/2026    Acknowledged    FCOM3849    Compliance    Evidence
of
Appraisal
Delivery
to
Borrower
not
Provided
or Late
(12 CFR
1002.14(a)(1))
  The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR XXX(a)(XXX)). Documentation required. Evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date is required., but is missing from the file.              Acknowledged, accepting 2/B grading    07/21/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    B    B    B    D    A    A    A    B    B    D    D    A    B    D    D    A    B    D    D    A    B    D    D    A    B    D    D    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
261         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/20/2026    Resolved    FPRO8998    Property    No
Property
Findings
  Property and valuations related findings were not identified on the loan.              Informational    07/21/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    B    A    A    D    A    A    A    B    B    D    D    A    B    D    D    A    B    D    D    A    B    D    D    A    B    D    D    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
264         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/20/2026    Resolved    FPRO8998    Property    No
Property
Findings
  Property and valuations related findings were not identified on the loan.              Informational    07/21/2026    Original CLTV is Below the Guideline Maximum — Calculated CLTV of 77.23% is less than Guideline CLTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 77.23% is less than Guideline LTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
264         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/20/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    07/21/2026    Original CLTV is Below the Guideline Maximum — Calculated CLTV of 77.23% is less than Guideline CLTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 77.23% is less than Guideline LTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
231         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/21/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    07/22/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 59.26% is less than Guideline LTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 59.26% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
231         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/21/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    07/22/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 59.26% is less than Guideline LTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 59.26% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
231         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/22/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    07/22/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 59.26% is less than Guideline LTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 59.26% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
232         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/21/2026    Resolved    FCRE7497    Credit    Missing
verification
of taxes,
insurance,
and/or
HOA fees
for non-
subject
property
   Missing verification of taxes, insurance, and/or HOA fees for non-subject property. HOA document is missing for Address — XXX. Requesting for HOA letter shows No HOA or proof of HOA dues.    Document Uploaded.    07/30/2026    Client provided web search reflecting no HOA, HOI and tax evidence. ; Verification of taxes, insurance and HOA Fees provided.    07/31/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job.    D    A    D    A    D    A    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
232         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/21/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    07/21/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job.    D    A    A    A    D    A    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
232         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/21/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    07/21/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job.    D    A    A    A    D    A    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
235         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/21/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    07/22/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
235         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/21/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    07/22/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
235         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/21/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    07/22/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
246         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/21/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    07/22/2026    Borrower has stable job time — Borrower has XXX years on job. | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 79.29% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 79.29% is less than Guideline LTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
246         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/21/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    07/22/2026    Borrower has stable job time — Borrower has XXX years on job. | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 79.29% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 79.29% is less than Guideline LTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
246         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/21/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
  The loan is in compliance with all applicable laws and regulations.              Informational    07/22/2026    Borrower has stable job time — Borrower has XXX years on job. | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 79.29% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 79.29% is less than Guideline LTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
260         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/21/2026    Resolved    finding-
3526
   Compliance    Revised
Loan
Estimate
Delivery
Date Test
(prior to
consummation)
  This loan failed the revised loan estimate delivery date test (prior to consummation) due to one of the following findings: (12 CFR §1026.19(e)(4)(ii) The revised loan estimate delivery date is provided and the revised loan estimate method of delivery is marked as either’s First Class Mail” or “Electronic Delivery” or blank, and the revised loan estimate delivery date is less than seven business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or “In Person” and the revised loan estimate delivery date is less than four business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orthel revised loan estimate receipt date is provided and the revised loan estimate receipt date is less than four business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orthel revised loan estimate delivery date is on or after the initial closing disclosure delivery date. The XXX shall not provide a revised version of the disclosures required under §1026.19(e)(1)(I) on or after the date on which the XXX provides the disclosures required under §1026.19(f)(1)(I). The consumer must receive a revised version of the disclosures required under §1026.19(e)(1)(I) not later than four business days prior to consummation. If the revised version of the disclosures required §1026.19(e)(1)(I) is not provided to the consumer in person, the consumer is considered to have received such version three business days after the XXX delivers or places such version in the mail. Without evidence of receipt, using the mailbox rule, it is assumed the disclosure dated XX/XX/XXXX was not received by the consumer XXX business days prior to the consummation date, XX/XX/XXXX. The defect can be cured by providing evidence showing the consumer received the loan estimate at least XXX business days prior to consummation.    Document Uploaded.    07/27/2026    Revised LE receipt date provided; exception resolved; Revised LE receipt date provided; exception resolved    07/28/2026    Original CLTV is Below the Guideline Maximum — Calculated CLTV of 79.27% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 79.27% is less than Guideline LTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job.    C    A    C    A    A    A    A    A    C    A    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
260         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/21/2026    Resolved    FCRE8999    Credit    No Credit
Findings
  The loan meets all applicable credit guidelines. The loan meets all applicable credit guidelines.              Informational    07/21/2026    Original CLTV is Below the Guideline Maximum — Calculated CLTV of 79.27% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 79.27% is less than Guideline LTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job.    C    A    A    A    A    A    A    A    C    A    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
260         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/21/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan.              Informational    07/21/2026    Original CLTV is Below the Guideline Maximum — Calculated CLTV of 79.27% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 79.27% is less than Guideline LTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job.    C    A    A    A    A    A    A    A    C    A    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
281         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/21/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    07/22/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 61.54% is less than Guideline LTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 61.54% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
281         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/21/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    07/22/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 61.54% is less than Guideline LTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 61.54% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
281         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/22/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    07/22/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 61.54% is less than Guideline LTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 61.54% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
286         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/21/2026    Acknowledged    FCOM5135    Compliance    Missing
Required
Affiliated
Business
Disclosure
   Required Affiliated Business Disclosure Missing. Documentation required to clear exception: Please provide proof that the Affiliated Business Disclosure was provided prior to closing or provide confirmation that the lender has no affiliates or made no referral of business to affiliates.         Acknowledged, accepting 2/B grading    07/21/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    B    B    B    B    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
286         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/21/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    07/21/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    B    B    A    A    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
286         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/21/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    07/21/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    B    B    A    A    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
289         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/21/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    07/22/2026    Original CLTV is Below the Guideline Maximum — Calculated CLTV of 59.18% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 42.86% is less than Guideline LTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
289         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/21/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    07/22/2026    Original CLTV is Below the Guideline Maximum — Calculated CLTV of 59.18% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 42.86% is less than Guideline LTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
289         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/21/2026    Resolved    FPRO8998    Property    No
Property
Findings
  Property and valuations related findings were not identified on the loan.              Informational    07/22/2026    Original CLTV is Below the Guideline Maximum — Calculated CLTV of 59.18% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 42.86% is less than Guideline LTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
263         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/22/2026    Resolved    FPRO8998    Property    No
Property
Findings
  Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan.              Informational    07/22/2026    Borrower has stable job time — Borrower has XXX years on job.    C    B    A    A    C    A    A    A    B    B    C    C    A    B    C    C    A    B    C    C    A    B    C    C    A    B    C    C    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
263         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/22/2026    Acknowledged    FCOM3849    Compliance    Evidence
of
Appraisal
Delivery
to
Borrower
not
Provided
or Late
(12 CFR
1002.14(a)(1))
  The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR XXX(a)(XXX)). Documentation required to clear exception: Evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date is required, but missing from the file.              Acknowledged, accepting 2/B grading    07/22/2026    Borrower has stable job time — Borrower has XXX years on job.    C    B    B    B    C    A    A    A    B    B    C    C    A    B    C    C    A    B    C    C    A    B    C    C    A    B    C    C    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
263         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/22/2026    Acknowledged    FCOM5135    Compliance    Missing
Required
Affiliated
Business
Disclosure
   Required Affiliated Business Disclosure Missing. Documentation required to clear exception: Please provide proof that the Affiliated Business Disclosure was provided prior to closing or provide confirmation that the lender has no affiliates or made no referral of business to affiliates.         Acknowledged, accepting 2/B grading    07/22/2026    Borrower has stable job time — Borrower has XXX years on job.    C    B    B    B    C    A    A    A    B    B    C    C    A    B    C    C    A    B    C    C    A    B    C    C    A    B    C    C    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
268         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/22/2026    Resolved    finding-
3532
   Compliance    Initial
Closing
Disclosure
Delivery
Date Test
   Without evidence of receipt, using the mailbox rule, it is assumed the disclosure dated XX/XX/XXXX was not received by the consumer at least XXX business days prior to the consummation date, XX/XX/XXXX. The violation can be cured by providing proof of delivery/receipt of Initial CD at least XXX days prior to closing. This loan failed the initial closing disclosure delivery date test due to one of the following findings:(12 CFR §1026.19(f)(1)(ii) The initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either’s First Class Mail” or “Electronic Delivery” or blank, and the initial closing disclosure delivery date is less than six business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or “In Person” and the initial closing disclosure delivery date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orthel initial closing disclosure receipt date is provided and the initial closing disclosure receipt date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction The XXX shall ensure that the consumer receives the disclosures required under paragraph §1026.19(f)(1)(I) no later than three business days before consummation.    Document Uploaded.    08/03/2026    Initial CD receipt date provided; exception resolved ; Initial CD receipt date provided; exception resolved    08/04/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    C    A    C    A    A    A    A    A    C    A    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
268         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/23/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    07/23/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    C    A    A    A    A    A    A    A    C    A    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
268         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/23/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    07/23/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    C    A    A    A    A    A    A    A    C    A    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
275         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/22/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    07/23/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    B    B    A    A    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
275         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/22/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    07/23/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    B    B    A    A    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
275         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/22/2026    Acknowledged    FCOM3849    Compliance    Evidence of
Appraisal
Delivery to
Borrower not
Provided or
Late (12 CFR
1002.14(a)(1))
  The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR XXX(a)(XXX)). Documentation required to clear exception: Evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date is required, but missing from the file.              Acknowledged, accepting 2/B grading    07/23/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    B    B    B    B    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
280         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/22/2026    Resolved    FPRO8998    Property    No Property
Findings
  Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan.              Informational    07/23/2026    Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 59.32% is less than Guideline LTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 59.32% is less than Guideline CLTV of 89.99%    B    B    A    A    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
280         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/22/2026    Acknowledged    FCOM1266    Compliance    Homeownership
Counseling
Disclosure Is
Missing
  Homeownership Counseling Disclosure Is Missing. Documentation required to clear exception: Provide homeownership counseling disclosure that was provided to the consumer within XXX-business days of application, XX/XX/XXXX.              Acknowledged, accepting 2/B grading    07/23/2026    Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 59.32% is less than Guideline LTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 59.32% is less than Guideline CLTV of 89.99%    B    B    B    B    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
280         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/22/2026    Acknowledged    FCOM5135    Compliance    Missing
Required
Affiliated
Business
Disclosure
   Required Affiliated Business Disclosure Missing. Documentation required to clear exception: Please provide proof that the Affiliated Business Disclosure was provided prior to closing or provide confirmation that the lender has no affiliates or made no referral of business to affiliates.         Acknowledged, accepting 2/B grading    07/23/2026    Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 59.32% is less than Guideline LTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 59.32% is less than Guideline CLTV of 89.99%    B    B    B    B    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
234         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/23/2026    Resolved    finding-
3532
   Compliance    Initial
Closing
Disclosure
Delivery
Date Test
   Without evidence of receipt, using the mailbox rule, it is assumed the disclosure dated XX/XX/XXXX was not received by the consumer at least XXX business days prior to the consummation date, XX/XX/XXXX. The violation can be cured by providing proof of delivery/receipt of Initial CD at least XXX days prior to closing. This loan failed the initial closing disclosure delivery date test due to one of the following findings:(12 CFR §1026.19(f)(1)(ii) The initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either’s First Class Mail” or “Electronic Delivery” or blank, and the initial closing disclosure delivery date is less than six business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or “In Person” and the initial closing disclosure delivery date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orthel initial closing disclosure receipt date is provided and the initial closing disclosure receipt date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction The XXX shall ensure that the consumer receives the disclosures required under paragraph §1026.19(f)(1)(I) no later than three business days before consummation.    Document Uploaded.    08/05/2026    Initial CD receipt date provided; exception resolved ; Initial CD receipt date provided; exception resolved    08/06/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    C    A    C    A    A    A    A    A    C    A    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
234         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/24/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    07/25/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    C    A    A    A    A    A    A    A    C    A    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
234         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/23/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines. The loan meets all applicable credit guidelines.              Informational    07/25/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    C    A    A    A    A    A    A    A    C    A    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
237         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/22/2026    Resolved    FCRE7497    Credit    Missing
verification
of taxes,
insurance,
and/or
HOA fees
for non-
subject
property
   Missing verification of taxes, insurance, and/or HOA fees for non-subject property. AUDIT: Proposed Subj Property(XXX). Verified taxes per tax roll pg. #XXX. XXX=$XXX/XXX=$XXX vs Lender’s qualifying taxes-$XXX. Using tax figure as most conservative. Still subj to documented evidence to further support monthly amount    Document Uploaded. ; Document Uploaded.    08/04/2026    Client provided Statement reflecting tax amount used to qualify for REO at XXX. Resolved. ; Verification of taxes, insurance and HOA Fees provided.; Please provide the property tax calculation/milage rate for the subject, XXX, that supports XXX per month used to qualify.    08/05/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    D    A    D    A    D    A    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
237         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/23/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    07/25/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    D    A    A    A    D    A    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
237         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/22/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    07/25/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    D    A    A    A    D    A    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
249         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/23/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    07/25/2026    Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
249         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/23/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    07/25/2026    Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
249         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/23/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    07/25/2026    Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
277         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/22/2026    Resolved    FCRE1186    Credit    Audited
DTI
Exceeds
AUS
DTI
   Audited DTI of XXX% exceeds AUS DTI of XXX%. DTI discrepancy due to the following: XXX Lender used Bonus income in the amount of XXX only XXX is supported by the submitted documentation XXX Lender used rental property income of XXX only XXX is supported by the submitted documentation Audited DTI of XXX% exceeds AUS DTI of XXX%. DTI discrepancy due to the following: XXX Lender used Bonus income in the amount of XXX only XXX is supported by the submitted documentation XXX Lender used rental property income of XXX only XXX is supported by the submitted documentation    Document Uploaded. Bonus: XXX appears to be supported. YTD average XXX average XXX average $XXX. XXX mos avg $XXX. Rental income: XXX is actually the income reflected on the paystub as XXX and is documented on the attached income worksheet.    08/03/2026    Bonus income is supported through docs in file, as it was calculated incorrectly using the lower XXX as the bonus amount. The WVOE States the bonus amounts, updated the income, the DTI corresponds to the AUS approval. ; Audited DTI of XXX% is less than or equal to AUS DTI of XXX%    08/04/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    C    A    C    A    C    A    A    A    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
277         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/22/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    07/23/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    C    A    A    A    C    A    A    A    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
277         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/23/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    07/23/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    C    A    A    A    C    A    A    A    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
226         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/24/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    07/25/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 78.96% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 78.96% is less than Guideline CLTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
226         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/23/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    07/25/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 78.96% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 78.96% is less than Guideline CLTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
226         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/23/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    07/25/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 78.96% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 78.96% is less than Guideline CLTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
230         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/24/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    07/25/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 76.46% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 76.46% is less than Guideline CLTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
230         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/23/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    07/25/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 76.46% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 76.46% is less than Guideline CLTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
230         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/23/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    07/25/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 76.46% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 76.46% is less than Guideline CLTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
270         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/23/2026    Acknowledged    FCRE9785    Credit    Purchase
Contract is
Incomplete
   Loan Purpose is Purchase but Purchase Contract Doc is Incomplete. Interested Party Contribution is not mentioned in the contract of sale.    Acknowledged as a XXX — Non-Material, nothing additional to provide.    08/12/2026    Acknowledged, accepting 2/B grading    08/12/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    B    B    B    B    B    B    A    A    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A
270         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/24/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    07/25/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    B    B    A    A    B    B    A    A    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
270         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/23/2026    Resolved    FPRO8998    Property    No
Property
Findings
  Property and valuations related findings were not identified on the loan.              Informational    07/25/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    B    B    A    A    B    B    A    A    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A
290         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/27/2026    Acknowledged    FCOM3849    Compliance    Evidence
of
Appraisal
Delivery to
Borrower
not
Provided
or Late (12
CFR
1002.14(a)(1))
  The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR XXX(a)(XXX)). Documentation required to clear exception: The document provided indicates that the borrower either received, or chose to waive the right to receive the appraisal at least XXX days prior to consummation, but does not confirm the borrower received the appraisal at or prior to consummation.  Provide documentation to show the date the borrower received the appraisal to confirm it was received by the borrower timely.              Acknowledged, accepting 2/B grading    07/27/2026    Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 75% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75% is less than Guideline CLTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    B    B    B    B    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
290         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/24/2026    Acknowledged    FCOM9186    Compliance    eSigned
Documents
Consent is
Missing
  The signed consent disclosure is missing. Documentation required. 1st e-signed document in the file is dated XX/XX/XXXX, however missing proof of e-consent dated XX/XX/XXXX or before.              Acknowledged, accepting 2/B grading    07/27/2026    Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 75% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75% is less than Guideline CLTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    B    B    B    B    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
290         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/23/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    07/27/2026    Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 75% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75% is less than Guideline CLTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    B    B    A    A    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
290         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/23/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    07/27/2026    Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 75% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75% is less than Guideline CLTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    B    B    A    A    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
295         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/24/2026    Resolved    FCRE1201    Credit    Third
Party
Fraud
Report
not
Provided
   Missing Third Party Fraud Report.    Document Uploaded.    08/03/2026    Third Party Fraud Report is provided.    08/04/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    B    D    A    D    A    A    A    B    B    D    D    A    B    D    D    A    B    D    D    A    B    D    D    A    B    D    D    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
295         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/23/2026    Acknowledged    FCOM5135    Compliance    Missing
Required
Affiliated
Business
Disclosure
   Required Affiliated Business Disclosure Missing. Documentation required to clear exception: Please provide proof that the Affiliated Business Disclosure was provided prior to closing or provide confirmation that the lender has no affiliates or made no referral of business to affiliates.         Acknowledged, accepting 2/B grading    07/27/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    B    B    B    D    A    A    A    B    B    D    D    A    B    D    D    A    B    D    D    A    B    D    D    A    B    D    D    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
295         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/24/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    07/27/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    B    A    A    D    A    A    A    B    B    D    D    A    B    D    D    A    B    D    D    A    B    D    D    A    B    D    D    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
223         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/28/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    07/30/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
223         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/28/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    07/30/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
223         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/27/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    07/30/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
236         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/27/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    07/30/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
236         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/27/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    07/30/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
236         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/27/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    07/30/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
243         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/27/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    07/30/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 70% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 70% is less than Guideline LTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
243         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/27/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    07/30/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 70% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 70% is less than Guideline LTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
243         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/27/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    07/30/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 70% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 70% is less than Guideline LTV of 89.99% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
245         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/27/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines. The loan meets all applicable credit guidelines.              Informational    07/30/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 70% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 70% is less than Guideline LTV of 89.99%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
245         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/27/2026    Resolved    FPRO8998    Property    No
Property
Findings
  Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan.              Informational    07/30/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 70% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 70% is less than Guideline LTV of 89.99%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
245         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/27/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
  The loan is in compliance with all applicable laws and regulations.              Informational    07/30/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 70% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 70% is less than Guideline LTV of 89.99%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
272         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/27/2026    Acknowledged    FCOM3849    Compliance    Evidence of
Appraisal
Delivery to
Borrower
not
Provided or
Late (12
CFR
1002.14(a)(1))
  The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR XXX(a)(XXX)). Documentation required to clear exception: The borrower signed the XXX day appraisal delivery waiver, but there is no evidence a copy of the appraisal was provided at closing. Provide documentation to show the date the borrower received the appraisal to confirm it was received by the borrower timely.              Acknowledged, accepting 2/B grading    07/30/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    B    B    B    B    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
272         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/27/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines. The loan meets all applicable credit guidelines.              Informational    07/30/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    B    B    A    A    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
272         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/27/2026    Resolved    FPRO8998    Property    No Property
Findings
   Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan.              Informational    07/30/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    B    B    A    A    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
288         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/27/2026    Acknowledged    FCOM1267    Compliance    Homeownership
Counseling
Disclosure Is
Partially
Provided
   Homeownership Counseling Disclosure Is Partially Provided (Date XXX Received Application is XX/XX/XXXX and XXX is Primary Residence). Documentation required to clear exception:  Provide homeownership counseling disclosure that contains the full list of XXX counselors were provided to the consumer within XXX-business days of application, XX/XX/XXXX.  Per the list in the file only XXX were provided.         Acknowledged, accepting 2/B grading    07/30/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    B    B    B    B    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
288         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/27/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    07/30/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    B    B    A    A    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
288         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/27/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    07/30/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    B    B    A    A    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
292         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/28/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    07/30/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
292         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/27/2026    Resolved    FPRO8998    Property    No
Property
Findings
  Property and valuations related findings were not identified on the loan.              Informational    07/30/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
292         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/27/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
  The loan is in compliance with all applicable laws and regulations.              Informational    07/30/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
293         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/27/2026    Acknowledged    FCOM3849    Compliance    Evidence of
Appraisal
Delivery to
Borrower
not
Provided or
Late (12
CFR
1002.14(a)(1))
  The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR XXX(a)(XXX)). Documentation required to clear exception: Evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date is required, but missing from the file.              Acknowledged, accepting 2/B grading    07/30/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    B    B    B    B    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
293         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/27/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    07/30/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    B    B    A    A    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
293         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/27/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    07/30/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    B    B    A    A    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
238         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/29/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    07/30/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 73.09% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 73.09% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
238         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/29/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    07/30/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 73.09% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 73.09% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
238         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/29/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    07/30/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 73.09% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 73.09% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
250         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/29/2026    Resolved    FCRE1185    Credit    AUS
Partially
Provided
   AUS Partially Provided. Pages are missing from document. Please provide full copy of Final AUS #XXX.    Document Uploaded.    08/04/2026    AUS/DU was provided and reviewed as complete and acceptable ; AUS is not incomplete.    08/05/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    A    D    A    D    A    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
250         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/29/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    07/30/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    A    A    A    D    A    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
250         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/29/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    07/30/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    A    A    A    D    A    A    A    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    D    D    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
251         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/29/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    07/30/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
251         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/29/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    07/30/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
251         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/29/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    07/30/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
258         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/29/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    07/30/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 75% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
258         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/29/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines. The loan meets all applicable credit guidelines.              Informational    07/30/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 75% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
258         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/29/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan.              Informational    07/30/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 75% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
287         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/29/2026    Acknowledged    FCOM5135    Compliance    Missing
Required
Affiliated
Business
Disclosure
   Required Affiliated Business Disclosure Missing. Documentation required to clear exception: Please provide proof that the Affiliated Business Disclosure was provided prior to closing or provide confirmation that the lender has no affiliates or made no referral of business to affiliates.         Acknowledged, accepting 2/B grading; Acknowledged, accepting 2/B grading    08/10/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    B    B    B    B    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
287         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/29/2026    Acknowledged    FCOM3849    Compliance    Evidence
of
Appraisal
Delivery
to
Borrower
not
Provided
or Late
(12 CFR
1002.14(a)(1))
  The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR XXX(a)(XXX)). Documentation required to clear exception: The document provided indicates that the borrower either received, or chose to waive the right to receive the appraisal at least XXX days prior to consummation, but does not confirm the borrower received the appraisal at or prior to consummation.  Provide documentation to show the date the borrower received the appraisal to confirm it was received by the borrower timely.              Acknowledged, accepting 2/B grading; Acknowledged, accepting 2/B grading    08/10/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    B    B    B    B    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
287         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/30/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
  The loan meets all applicable credit guidelines.              Informational    07/30/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    B    B    A    A    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
287         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/29/2026    Resolved    FPRO8998    Property    No
Property
Findings
  Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan.              Informational    07/30/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    B    B    A    A    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
291         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/29/2026    Resolved    FCRE1472    Credit    Asset 6
Missing
  Asset 6 Missing. Missing E-Trade account Statement.    Document Uploaded. These were provided and are good for XXX months XX/XX/XXXX — XX/XX/XXXX    08/04/2026    Asset #XXX for XXX was provided and reviewed for XXX mos verification as required by XXX is acceptable ; Asset 6 Provided Or Not Applicable    08/05/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    B    D    A    D    A    A    A    B    B    D    D    A    B    D    D    A    B    D    D    A    B    D    D    A    B    D    D    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
291         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/29/2026    Acknowledged    FCOM3849    Compliance    Evidence
of
Appraisal
Delivery
to
Borrower
not
Provided
or Late
(12 CFR
1002.14(a)(1))
  The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR XXX(a)(XXX)). Documentation required to clear exception: The document provided on page XXX indicates that the borrower either received, or chose to waive the right to receive the appraisal at least XXX days prior to consummation, but does not confirm the borrower received the appraisal at or prior to consummation.  Provide documentation to show the date the borrower received the appraisal to confirm it was received by the borrower timely. The Borrower waiver of Appraisal Review Period disclosure on page XXX States the borrower does not waive his/her right to receive a copy of all appraisals at least XXX days prior to the closing.              Acknowledged, accepting 2/B grading    07/30/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    B    B    B    D    A    A    A    B    B    D    D    A    B    D    D    A    B    D    D    A    B    D    D    A    B    D    D    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
291         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/29/2026    Resolved    FPRO8998    Property    No
Property
Findings
  Property and valuations related findings were not identified on the loan.              Informational    07/30/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    D    B    A    A    D    A    A    A    B    B    D    D    A    B    D    D    A    B    D    D    A    B    D    D    A    B    D    D    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
294         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/29/2026    Resolved    FCRE1328    Credit    Borrower 1
W2/1099
Missing
   Borrower 1 W2/1099 Missing. Provide XXX W2    Document Uploaded.    08/04/2026    Client provided W2 for XXX as required. Meets guides and coincides with income calculation used to qualify. ; Borrower 1 W2/XXX Provided    08/05/2026    Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75.24% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original LTV is Below the Guideline Maximum — Calculated LTV of 75.24% is less than Guideline LTV of 89.99%    D    B    D    A    D    A    C    A    B    B    D    D    C    B    D    D    C    B    D    D    C    B    D    D    C    B    D    D    C    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
294         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/29/2026    Resolved    FCRE1491    Credit    Asset
Qualification
Does Not
Meet
Guideline
Requirements
   Asset Qualification Does Not Meet Guideline Requirements. Per guidelines XXX months PITI reserves required in the amount of XXX    Document Uploaded. All supporting docs were provided    08/04/2026    Client provided XXX bank Statement acct XXX dated XX/XX/XXXX with balance of XXX which resolves reserve conditions. ; Asset Qualification Meets Guideline Requirements.    08/05/2026    Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75.24% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original LTV is Below the Guideline Maximum — Calculated LTV of 75.24% is less than Guideline LTV of 89.99%    D    B    C    A    D    A    C    A    B    B    D    D    C    B    D    D    C    B    D    D    C    B    D    D    C    B    D    D    C    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
294         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/29/2026    Resolved    FCRE3843    Credit    Guideline
Seasoning
not Met
   The required number of months reserves are to be seasoned does not meet Guideline requirement. Per guidelines XXX months PITI reserves required in the amount of XXX    Document Uploaded. All supporting docs were provided    08/04/2026    Client provided XXX acct XXX dated XX/XX/XXXX with balance of XXX which resolves reserve conditions. ; The required number of months reserves are to be seasoned does meet Guideline requirement.    08/05/2026    Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75.24% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original LTV is Below the Guideline Maximum — Calculated LTV of 75.24% is less than Guideline LTV of 89.99%    D    B    D    A    D    A    C    A    B    B    D    D    C    B    D    D    C    B    D    D    C    B    D    D    C    B    D    D    C    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
294         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/29/2026    Resolved    FCRE1198    Credit    Audited
Reserves
are less
than
Guideline
Required
Reserves
(Number
of
Months)
  Audited Reserves of XX/XX/XXXX month(s) are less than Guideline Required Reserves of XXX month(s)    Document Uploaded. All supporting docs were provided    08/04/2026    Client provided XXX acct XXX dated XX/XX/XXXX with balance of XXX which resolves reserve conditions. ; Audited Reserves of XX/XX/XXXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s)    08/05/2026    Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75.24% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original LTV is Below the Guideline Maximum — Calculated LTV of 75.24% is less than Guideline LTV of 89.99%    D    B    C    A    D    A    C    A    B    B    D    D    C    B    D    D    C    B    D    D    C    B    D    D    C    B    D    D    C    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
294         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/29/2026    Resolved    FCRE9995    Credit    Audited
Reserves
are less
than
Guideline
Required
Reserves
(Dollar
Amount)
  Audited Reserves of XXX are less than Guideline Required Reserves of $XXX. Provide assets to support reserves.    Document Uploaded. All supporting docs were provided    08/04/2026    Client provided XXX acct XXX dated XX/XX/XXXX with balance of XXX which resolves reserve conditions. ; Audited Reserves of XXX are equal to or greater than AUS Required Reserves of $XXX.    08/05/2026    Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75.24% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original LTV is Below the Guideline Maximum — Calculated LTV of 75.24% is less than Guideline LTV of 89.99%    D    B    C    A    D    A    C    A    B    B    D    D    C    B    D    D    C    B    D    D    C    B    D    D    C    B    D    D    C    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
294         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/29/2026    Acknowledged    FCOM5135    Compliance    Missing
Required
Affiliated
Business
Disclosure
  Required Affiliated Business Disclosure Missing. Documentation required to clear exception: Please provide proof that the Affiliated Business Disclosure was provided prior to closing or provide confirmation that the lender has no affiliates or made no referral of business to affiliates.         Acknowledged, accepting 2/B grading    07/30/2026    Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75.24% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original LTV is Below the Guideline Maximum — Calculated LTV of 75.24% is less than Guideline LTV of 89.99%    D    B    B    B    D    A    C    A    B    B    D    D    C    B    D    D    C    B    D    D    C    B    D    D    C    B    D    D    C    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
294         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/29/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    07/30/2026    Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75.24% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job. | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original LTV is Below the Guideline Maximum — Calculated LTV of 75.24% is less than Guideline LTV of 89.99%    D    B    A    A    D    A    C    A    B    B    D    D    C    B    D    D    C    B    D    D    C    B    D    D    C    B    D    D    C    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
225         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/30/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    07/31/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
225         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/30/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    07/31/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
225         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/31/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    07/31/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
267         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/31/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    07/31/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
267         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/30/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    07/31/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
267         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/30/2026    Resolved    FPRO8998    Property    No
Property
Findings
  Property and valuations related findings were not identified on the loan.              Informational    07/31/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
279         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/30/2026    Acknowledged    FCOM5135    Compliance    Missing
Required
Affiliated
Business
Disclosure
  Required Affiliated Business Disclosure Missing. Documentation required to clear exception: Please provide proof that the Affiliated Business Disclosure was provided prior to closing or provide confirmation that the lender has no affiliates or made no referral of business to affiliates.         Acknowledged, accepting 2/B grading; Acknowledged, accepting 2/B grading    08/10/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum — Calculated LTV of 75% is less than Guideline LTV of 89.99%    B    B    B    B    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
279         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/30/2026    Acknowledged    FCOM3849    Compliance    Evidence
of
Appraisal
Delivery
to
Borrower
not
Provided
or Late
(12 CFR
1002.14(a)(1))
  The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR XXX(a)(XXX)). Documentation required to clear exception: Evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date is required, but missing from the file.              Acknowledged, accepting 2/B grading; Acknowledged, accepting 2/B grading    08/10/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum — Calculated LTV of 75% is less than Guideline LTV of 89.99%    B    B    B    B    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
279         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/30/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines. The loan meets all applicable credit guidelines.              Informational    07/30/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum — Calculated LTV of 75% is less than Guideline LTV of 89.99%    B    B    A    A    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
279         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/30/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan.              Informational    07/30/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum — Calculated LTV of 75% is less than Guideline LTV of 89.99%    B    B    A    A    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
241         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   08/04/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    08/04/2026    Original CLTV is Below the Guideline Maximum — Calculated CLTV of 64.11% is less than Guideline CLTV of 80% | Original LTV is Below the Guideline Maximum — Calculated LTV of 64.11% is less than Guideline LTV of 80%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
241         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/31/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    08/04/2026    Original CLTV is Below the Guideline Maximum — Calculated CLTV of 64.11% is less than Guideline CLTV of 80% | Original LTV is Below the Guideline Maximum — Calculated LTV of 64.11% is less than Guideline LTV of 80%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
241         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/31/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    08/04/2026    Original CLTV is Below the Guideline Maximum — Calculated CLTV of 64.11% is less than Guideline CLTV of 80% | Original LTV is Below the Guideline Maximum — Calculated LTV of 64.11% is less than Guideline LTV of 80%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
253         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/31/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    08/04/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
253         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/31/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    08/04/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
253         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   08/03/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    08/04/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
254         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/31/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    08/04/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 79% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 79% is less than Guideline LTV of 89.99%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
254         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/31/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    08/04/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 79% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 79% is less than Guideline LTV of 89.99%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
254         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   08/03/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    08/04/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 79% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 79% is less than Guideline LTV of 89.99%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
265         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   08/03/2026    Acknowledged    FCOM5135    Compliance    Missing
Required
Affiliated
Business
Disclosure
   Required Affiliated Business Disclosure Missing. Documentation required to clear exception: Please provide proof that the Affiliated Business Disclosure was provided prior to closing or provide confirmation that the lender has no affiliates or made no referral of business to affiliates.         Acknowledged, accepting 2/B grading    08/14/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 70% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 70% is less than Guideline LTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    B    B    B    B    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
265         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/31/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    08/03/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 70% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 70% is less than Guideline LTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    B    B    A    A    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
265         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/31/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    08/03/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 70% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 70% is less than Guideline LTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    B    B    A    A    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
266         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/31/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan.              Informational    08/03/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 77.92% is less than Guideline LTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 77.92% is less than Guideline CLTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
266         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/31/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines. The loan meets all applicable credit guidelines.              Informational    08/03/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 77.92% is less than Guideline LTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 77.92% is less than Guideline CLTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
266         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   08/03/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    08/03/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 77.92% is less than Guideline LTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 77.92% is less than Guideline CLTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
269         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/31/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines. The loan meets all applicable credit guidelines.              Informational    08/04/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of % is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 66.45% is less than Guideline CLTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 66.45% is less than Guideline LTV of 89.99%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
269         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   07/31/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan.              Informational    08/04/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of % is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 66.45% is less than Guideline CLTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 66.45% is less than Guideline LTV of 89.99%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
269         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   08/03/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    08/04/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of % is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 66.45% is less than Guideline CLTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 66.45% is less than Guideline LTV of 89.99%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
228         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   08/05/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    08/05/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
228         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   08/04/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    08/05/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
228         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   08/03/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    08/05/2026    Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
240         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   08/04/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    08/05/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 58.44% is less than Guideline CLTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 58.44% is less than Guideline LTV of 89.99%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
240         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   08/03/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    08/05/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 58.44% is less than Guideline CLTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 58.44% is less than Guideline LTV of 89.99%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
240         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   08/03/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    08/05/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 58.44% is less than Guideline CLTV of 89.99% | Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 58.44% is less than Guideline LTV of 89.99%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
248         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   08/04/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    08/05/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 70% is less than Guideline LTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 70% is less than Guideline CLTV of 89.99%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
248         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   08/03/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    08/05/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 70% is less than Guideline LTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 70% is less than Guideline CLTV of 89.99%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
248         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   08/03/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    08/05/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 70% is less than Guideline LTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 70% is less than Guideline CLTV of 89.99%    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
278         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   08/18/2026    Acknowledged    FCRE9785    Credit    Purchase
Contract is
Incomplete
   Loan Purpose is Purchase but Purchase Contract Doc is Incomplete.                   08/18/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time    B    B    B    B    B    B    A    A    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
278         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   08/05/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    08/05/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time    B    B    A    A    B    B    A    A    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A
278         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   08/04/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    08/05/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time    B    B    A    A    B    B    A    A    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A
284         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   08/05/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    08/05/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
284         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   08/03/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    08/05/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
284         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   08/03/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    08/05/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
285         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   08/04/2026    Acknowledged    FCOM5135    Compliance    Missing
Required
Affiliated
Business
Disclosure
   Required Affiliated Business Disclosure Missing. Documentation required to clear exception: Please provide proof that the Affiliated Business Disclosure was provided prior to closing or provide confirmation that the lender has no affiliates or made no referral of business to affiliates.         Acknowledged, accepting 2/B grading    08/05/2026    Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 75% is less than Guideline LTV of 89% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75% is less than Guideline CLTV of 89%    B    B    B    B    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
  Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
285         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   08/04/2026    Acknowledged    FCOM3849    Compliance    Evidence
of
Appraisal
Delivery
to
Borrower
not
Provided
or Late
(12 CFR
1002.14(a)(1))
  The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR XXX(a)(XXX)). Documentation required to clear exception: The document provided indicates that the borrower either received, or chose to waive the right to receive the appraisal at least XXX days prior to consummation, but does not confirm the borrower received the appraisal at or prior to consummation. Provide documentation to show the date the borrower received the appraisal to confirm it was received by the borrower timely.              Acknowledged, accepting 2/B grading    08/05/2026    Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 75% is less than Guideline LTV of 89% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75% is less than Guideline CLTV of 89%    B    B    B    B    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
285         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   08/03/2026    Resolved    FCRE8999    Credit    No
Credit
Findings
  The loan meets all applicable credit guidelines.              Informational    08/05/2026    Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 75% is less than Guideline LTV of 89% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75% is less than Guideline CLTV of 89%    B    B    A    A    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
285         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   08/03/2026    Resolved    FPRO8998    Property    No
Property
Findings
  Property and valuations related findings were not identified on the loan.              Informational    08/05/2026    Borrower has stable job time — Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum — Calculated LTV of 75% is less than Guideline LTV of 89% | Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75% is less than Guideline CLTV of 89%    B    B    A    A    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
239         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   08/04/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    08/05/2026    Borrower has stable job time — Borrower has XXX years on job. | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 78.76% is less than Guideline CLTV of 89.9% | Original LTV is Below the Guideline Maximum — Calculated LTV of 78.76% is less than Guideline LTV of 89.9% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
239         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   08/03/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    08/05/2026    Borrower has stable job time — Borrower has XXX years on job. | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 78.76% is less than Guideline CLTV of 89.9% | Original LTV is Below the Guideline Maximum — Calculated LTV of 78.76% is less than Guideline LTV of 89.9% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
239         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   08/03/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    08/05/2026    Borrower has stable job time — Borrower has XXX years on job. | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 78.76% is less than Guideline CLTV of 89.9% | Original LTV is Below the Guideline Maximum — Calculated LTV of 78.76% is less than Guideline LTV of 89.9% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
252         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   08/04/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    08/05/2026    Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
252         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   08/03/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    08/05/2026    Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
252         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   08/03/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    08/05/2026    Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
262         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   08/04/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    08/05/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
262         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   08/03/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    08/05/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
262         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   08/03/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    08/05/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time — Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
220         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   08/05/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    08/05/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 75% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
220         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   08/05/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    08/05/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 75% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
220         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   08/05/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    08/05/2026    Original LTV is Below the Guideline Maximum — Calculated LTV of 75% is less than Guideline LTV of 89.99% | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 75% is less than Guideline CLTV of 89.99% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
271         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   08/05/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    08/05/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
271         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   08/05/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    08/05/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
271         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   08/05/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    08/05/2026    Qualifying DTI below max allowed. — Calculated DTI of XXX% is less than Guideline DTI of XXX% | Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time — Borrower has XXX years on job.    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number
   Seller
Loan
Number
   Originator    Last
Name
   Note
Date
   Original
Balance
   State    TPR
QM
ATR
Status
   Loan
Status
   Exception
Date
   Remediation
Status
   Exception
ID
   Exception
Type
   Exception
Category
   Exceptions    Exception Rebuttal    Exception
Rebuttal
Date
   Exception Rebuttal Response    Exception
Rebuttal
Response
Date
   Compensating Factors    Initial
Overall
Loan
Grade
   Final
Overall
Loan
Grade
   Initial
Exception
Grade
   Final
Exception
Grade
   Initial
Credit
Grade
   Final
Credit
Grade
   Initial
Property
Valuation
Grade
   Final
Property
Valuation
Grade
   Initial
Compliance
Grade
   Final
Compliance
Grade
   Initial
Overall
Grade
(DBRS/
Morningstar)
   Initial Credit
Grade
(DBRS/
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS/
Morningstar)
   Initial
Compliance
Grade
(DBRS/
Morningstar)
   Initial
Overall
Grade
(Fitch)
   Initial
Credit
Grade
(Fitch)
   Initial
Property
Valuation
Grade
(Fitch)
   Initial
Compliance
Grade
(Fitch)
   Initial
Overall
Grade
(Kroll)
   Initial
Credit
Grade
(Kroll)
   Initial
Property
Valuation
Grade
(Kroll)
   Initial
Compliance
Grade
(Kroll)
   Initial
Overall
Grade
(Moodys)
   Initial
Credit
Grade
(Moodys)
   Initial
Property
Valuation
Grade
(Moodys)
   Initial
Compliance
Grade
(Moodys)
   Initial
Overall
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final Overall
Grade
(DBRS/
Morningstar)
   Final Credit
Grade
(DBRS/
Morningstar)
   Final
Property
Grade
(DBRS/
Morningstar)
   Final
Compliance
Grade
(DBRS/
Morningstar)
   Final
Overall
Grade
(Fitch)
   Final
Credit
Grade
(Fitch)
   Final
Property
Grade
(Fitch)
   Final
Compliance
Grade
(Fitch)
   Final
Overall
Grade
(Kroll)
   Final
Credit
Grade
(Kroll)
   Final
Property
Grade
(Kroll)
   Final
Compliance
Grade
(Kroll)
   Final
Overall
Grade
(Moodys)
   Final
Credit
Grade
(Moodys)
   Final
Property
Grade
(Moodys)
   Final
Compliance
Grade
(Moodys)
   Final
Overall
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Final
Property
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
296         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   08/05/2026    Acknowledged    FCOM5135    Compliance    Missing
Required
Affiliated
Business
Disclosure
   Required Affiliated Business Disclosure Missing. Documentation required to clear exception: Please provide proof that the Affiliated Business Disclosure was provided prior to closing or provide confirmation that the lender has no affiliates or made no referral of business to affiliates.         Acknowledged, accepting 2/B grading    08/05/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 58.76% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 58.76% is less than Guideline LTV of 89.99%    B    B    B    B    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
296         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   08/04/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines. The loan meets all applicable credit guidelines.              Informational    08/05/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 58.76% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 58.76% is less than Guideline LTV of 89.99%    B    B    A    A    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B
296         XXX    XXXXX    XX/
XX/
XXXX
   $XXXXXX    XXX    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   08/04/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan.              Informational    08/05/2026    Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum — Calculated CLTV of 58.76% is less than Guideline CLTV of 89.99% | Original LTV is Below the Guideline Maximum — Calculated LTV of 58.76% is less than Guideline LTV of 89.99%    B    B    A    A    A    A    A    A    B    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B