Exhibit 99.01 Schedule 2
| SitusAMC Loan ID | Customer Loan ID | Seller Loan ID | Investor Loan Number | Loan Exception ID | Exception ID | Exception Date | Exception Type | Exception Category | Exception Subcategory | 15E Category | Exception | Exception Detail | Exception Information | Compensating Factors | Compensating Factor Information | Applying Party | Follow-up Comments | Cleared Date | Cured Date | Waived Date | Waived with Regrade | Exception Level Grade | DBRS Initial Exception Rating | DBRS Final Exception Rating | Fitch Initial Exception Rating | Fitch Final Exception Rating | Kroll Initial Exception Rating | Kroll Final Exception Rating | Moody's Initial Exception Rating | Moody's Final Exception Rating | S&P Initial Exception Rating | S&P Final Exception Rating | Note Date | Property State | Occupancy | Purpose | Exception Remediation | Overall Initial Loan Grade |
Overall Final Loan Grade |
Credit Initial Loan Grade |
Credit Final Loan Grade |
Compliance Initial Loan Grade |
Compliance Final Loan Grade |
Property Initial Loan Grade |
Property Final Loan Grade |
Originator QM ATR Status | TPR QM ATR Status | Is Curable |
| XXXXXX | 4000002781 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded. Total amount of XXXX exceeds tolerance of XXXX plus XXXX or XXXX. Sufficient or excess cure was provided to the borrower at Closing. | XXXX tolerance was exceeded by XXXX. No valid COC provided, cure provided at closing. | Reviewer Comment (2022-04-12): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | A | A | A | A | A | AZ | Primary | Purchase | Final CD evidences Cure | C | A | C | A | A | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000002781 | XXXXXX | XXXXXX | Credit | Credit | Credit Documentation | Credit | Credit Report Error: Missing source document for credit/housing history. | Rental Housing history discrepancy, VOR provided reflects rental payment per month as XXXX and the cancelled checks and bank statements provided as XXXX per month. Missing confirmation and clarification of timely rental payments. | Reviewer Comment (2022-05-02): Received, Clearing. Seller Comment (2022-05-02): Attached |
05/02/2022 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000003947 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver | XXXX: Closing Disclosure not provided to Borrower(s) at least XXXXXXXX | Evidence of earlier receipt was not provided in the file | Reviewer Comment (2022-06-27): XXXX received the initial CD. Seller Comment (2022-06-23): XXXX |
06/27/2022 | No | 1 | C | A | C | A | C | A | C | A | C | A | IL | Primary | Purchase | No Defined Cure | C | A | A | A | C | A | A | A | Non QM | Non QM | No | |||||||||
| XXXXXX | 4000003947 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | XXXX Integrated Disclosure: XXXX Fee Tolerance exceeded for Loan Discount Points. Fee Amount of XXXX exceeds tolerance of XXXX. Insufficient or no cure was provided to the borrower. | No valid change in circumstance | Reviewer Comment (2022-06-28): XXXX received LE's and valid COC
with reason why the fee was added/increased hence after review the exception
was cleared. Seller Comment (2022-06-27): coc Reviewer Comment (2022-06-27): XXXX upon further review the provided XXXX is XXXX which XXXX in file. The XXXX added XXXX onXXXX. There is XXXX dislcosed with in XXXX of XXXX. So kindly provide any missing XXXX or XXXX for the provided CXXXX andXXXX or provide a XXXX for XXXX or XXXX. Seller Comment (2022-06-24): le Reviewer Comment (2022-06-24): XXXX received CD dated XXXX and COC dated XXXX and XXXX however, there are no CD and LEs are available with corresponding to provided COCs. Kindly provide any missing disclosuresXXXX that fees can be re-baseline. Exception remains. Seller Comment (2022-06-23): XXXX and XXXX |
06/28/2022 | No | 1 | C | A | C | A | C | A | C | A | C | A | IL | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | A | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 6000103912 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Rate lock document reflects a XXXX month pre-payment penalty. Note Addendum reflects a XXXX month pre-payment penalty. | Reviewer Comment (2025-10-24): Final rate lock received. Buyer Comment (2025-10-22): The rate lock has been updated to reflect 12 months per the addendum. Lock Confirmation attached. |
10/24/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | MA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Non QM | N/A | No | |||||||||||
| XXXXXX | 4000105124 | XXXXXX | XXXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Account Statements - Business not provided | Account Statement Business #XXXX is Missing for the month of XXXX & XXXX | Reviewer Comment (2026-02-08): Received Business Account
Statements for the month of XXXX & XXXX. Exception cleared. Seller Comment (2026-02-06): Comment from XXXX (XXXX): march |
02/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MO | Primary | Purchase | D | A | D | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000105124 | XXXXXX | XXXXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - | Account Statement Business #XXXX is Missing for the month of XXXX & XXXX | Reviewer Comment (2026-02-08): Received Business Account
Statements for the month of XXXX & XXXX. Exception cleared. Seller Comment (2026-02-06): Comment from XXXX (XXXX): JUNE |
02/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MO | Primary | Purchase | D | A | D | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000105124 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Available for Closing is insufficient to cover Cash from Borrower. | Reviewer Comment (2026-02-09): Received, Clearing. Seller Comment (2026-02-08): Comment from XXXX (XXXX): ACCT CHECK $ BANK TRANSACTION |
02/09/2026 | No | 1 | B | A | C | A | B | A | C | A | B | A | MO | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation | D | A | D | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000105124 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Available for Closing is insufficient to cover Cash from Borrower. | Reviewer Comment (2026-02-09): Received, Clearing. Seller Comment (2026-02-08): Comment from XXXX (XXXX): BANK STATEMENT |
02/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MO | Primary | Purchase | D | A | D | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000105124 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Living Rent Free Letter is Missing. | Reviewer Comment (2026-02-27): Received, Clearing. Seller Comment (2026-02-27): Comment from XXXX (XXXX): rent free letter |
02/27/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | MO | Primary | Purchase | D | A | D | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000105124 | XXXXXX | XXXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Verified reserves of XXXX months is less than required reserves of 6 months. | Reviewer Comment (2026-02-08): Received additional account
statements. Assets available for reserves is sufficient to meet guideline
reserve requirement. Exception cleared. Seller Comment (2026-02-08): Comment from XXXX (XXXX): ACCT CHECK $ BANK TRANSACTION |
02/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MO | Primary | Purchase | D | A | D | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000105124 | XXXXXX | XXXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Legal Description not provided | Legal description is missing. | Reviewer Comment (2026-02-08): Received Legal Description.
Exception cleared. Seller Comment (2026-02-08): Comment from XXXX (XXXX): LEGAL - Listed on pg. 1 of the DOT |
02/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MO | Primary | Purchase | D | A | D | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000112747 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus XXXX % or $XXXX . Sufficient or excess cure was provided to the XXXX at Closing. | Reviewer Comment (2026-02-12): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | A | A | A | A | A | AZ | Primary | Purchase | Final CD evidences Cure | C | A | C | A | A | A | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXXX | 4000112747 | XXXXXX | XXXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Insurance document not provided | Reviewer Comment (2026-02-27): Received, Clearing. Seller Comment (2026-02-27): Comment from XXXX (XXXX): update HOI Reviewer Comment (2026-02-26): Policy provided is expired. Seller Comment (2026-02-26): Comment from XXXX (XXXX): REO prop HOI |
02/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000112747 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-02-16): Cleared based on review coming
back within tolerances |
02/16/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXXX | 4000113737 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Client:XXXX/XXXX) | Reviewer Comment (2026-02-16): Client elects to waive |
02/16/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000113737 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation | Reviewer Comment (2026-02-16): Client elects to waive |
02/16/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000113737 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-02-17): Clearing based on review coming
back within tolerances. |
02/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXXX | 4000113737 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | Reviewer Comment (2026-02-16): Client elects to waive |
02/16/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000112898 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Both borrowers are non-perm resident aliens with B1 having an H1B Visa; exception needed for B2 who has H4 Visa. Approved with comp factors of over 5 yrs current employer, conservative debt usage and XXXX% down payment. | Borrower has been employed in the same industry for more than 5
years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-02-16): Client elects to waive/regrade
with compensating factors. |
02/16/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | CA | Second Home | Purchase | B | B | B | B | A | A | A | A | Non QM | Non QM | No | |||||||||
| XXXXXX | 4000113547 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Reviewer Comment (2026-02-19): Accepted as is. |
02/19/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000113547 | XXXXXX | XXXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | The Preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2026-02-19): Accepted as is. |
02/19/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000114102 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | The date the valuation was provided to the applicant is prior to the date when the valuation was performed. | Reviewer Comment (2026-02-20): Accepted as is. |
02/20/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000114145 | XXXXXX | XXXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | The Preliminary title policy amount is blank. | Reviewer Comment (2026-02-23): Accepted as is. |
02/23/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | C | B | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000114145 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The appraisal indicates the loan is zoned Agriculture. Documentation in the loan file indicates a lender exception was obtained. Provide XXXX Lender exception form. | Borrower has been employed in the same industry for more than 5
years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-02-26): Client exception received. Seller Comment (2026-02-26): Comment from XXXX (XXXX): Exception |
02/26/2026 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Purchase | C | B | C | B | A | A | A | A | Non QM | Non QM | No | |||||||||
| XXXXXX | 4000116291 | XXXXXX | XXXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | The preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). | Reviewer Comment (2026-03-06): Accepted as is. |
03/06/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | C | B | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000116291 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-03-10): Clearing based on review coming
back within tolerances. |
03/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | B | A | A | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXXX | 4000116291 | XXXXXX | XXXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
Reviewer Comment (2026-03-14): Accepted as is. |
03/14/2026 | No | 2 | B | B | B | B | B | CA | Primary | Purchase | C | B | C | B | A | A | A | A | Non QM | Non QM | No | ||||||||||||||||
| XXXXXX | 4000115861 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The business entity borrower name is "XXXX" however, the signature line on the note reflects "XXXX". The note should be updated to reflect the correct business entity name. | Reviewer Comment (2026-05-26): Received, Clearing. Seller Comment (2026-05-26): Comment from XXXX (XXXX): New Note image and tracking |
05/26/2026 | No | 1 | A | A | A | A | A | NC | Investment | Purchase | A | A | A | A | A | A | N/A | No | |||||||||||||||||||
| XXXXXX | 6000112102 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Reviewer Comment (2026-02-23): CDFI lender testing ATR. |
02/23/2026 | No | 2 | A | A | A | A | A | NJ | Primary | Purchase | A | A | A | A | A | A | A | A | Non QM | Exempt from ATR | No | ||||||||||||||||
| XXXXXX | 6000112081 | XXXXXX | XXXXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | The Certificate of Non-Owner Occupied does not show the borrower(s) at an address different than the subject and thus casts doubt on the business purpose of the loan. | Certificate of Non-Owner Occupied disclosure does not show the borrower's principal address. | Reviewer Comment (2026-02-11): Received Occupancy Certificate.
Exception Cleared. Buyer Comment (2026-02-09): Non-cert |
02/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | SC | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 6000112178 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Borrower is renting from a private party and rental payment history is not in the file. Please provide verification of timely payments with canceled checks front and back, bank statements showing a rental payments or a payment history from landlord. | The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 700 Representative FICO: XXXX |
Originator,SitusAMC | Reviewer Comment (2026-02-23): Lender approved exception with
compensating factors POST CLOSE. Buyer Comment (2026-02-19): exception |
02/23/2026 | No | 2 | C | B | C | B | C | B | C | B | D | B | NY | Investment | Purchase | D | B | D | B | A | A | N/A | No | |||||||||||
| XXXXXX | 4000119247 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-03-20): Clearing based on review coming
back within tolerances. |
03/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXXX | 4000119247 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements | Reviewer Comment (2026-03-20): Accepted as is. |
03/20/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000119247 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower. | No Cure Provided | Reviewer Comment (2026-04-21): XXXX Received Letter of Explanation, Proof of Delivery,
Copy of Refund Check, and Corrected CD. Seller Comment (2026-04-20): Comment from XXXX(XXXX): Attached Reviewer Comment (2026-03-31): XXXX received COC dated XXXX with reason loan size and program requirement but as per disclosures the loan amount was already XXXX from initial LE itself and there seems to be no change in loan program. The fee should have been disclosed on initial LE. Please provide additional information as to what new information has received that resulted in requirement of second appraisal. Seller Comment (2026-03-30): Comment from XXXX (XXXX): Attached |
XXXXX | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | C | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 6000111975 | XXXXXX | XXXXXX | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2026-01-28): Received Title Final &
associated. Exception cleared. |
01/28/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Investment | Refinance - Cash-out - Other | B | A | B | A | A | A | A | A | Non QM | N/A | No | ||||||||||||
| XXXXXX | 6000111975 | XXXXXX | XXXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title policy amount not provided in preliminary title policy. | Reviewer Comment (2026-01-28): Received Title Final &
coverage amount updated. Exception cleared. Buyer Comment (2026-01-26): See attached Title Policy |
01/28/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Investment | Refinance - Cash-out - Other | B | A | B | A | A | A | A | A | Non QM | N/A | No | |||||||||||
| XXXXXX | 6000114138 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Reviewer Comment (2026-03-02): CDFI lender testing ATR |
03/02/2026 | No | 2 | A | A | A | A | A | FL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Exempt from ATR | No | ||||||||||||||||
| XXXXXX | 4000122514 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-04-01): Clearing based on review coming
back within tolerances. |
04/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MO | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000123138 | XXXXXX | XXXXXX | Credit | Credit | Credit Documentation | Credit | Missing Document: Occupancy Certificate not provided | Occupancy Certificate is missing. | Reviewer Comment (2026-04-07): Received, Clearing. Seller Comment (2026-04-07): Comment from XXXX (XXXX): Please see uploaded occupancy certificate. |
04/07/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000123138 | XXXXXX | XXXXXX | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | - | Desk Review and Appraisal zip code reflects XXXX while the Note reflects zip code as XXXX. | Reviewer Comment (2026-04-07): Corrected Note provided.
Cleared. Seller Comment (2026-04-07): Comment from XXXX (XXXX): Please see uploaded note with correct zip code. |
04/07/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||||
| XXXXXX | 4000123138 | XXXXXX | XXXXXX | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. | Flood Certificate zip code reflects XXXX while Note zip code reflects XXXX. | Reviewer Comment (2026-04-07): Corrected Note provided.
Cleared. Seller Comment (2026-04-07): Comment from XXXX (XXXX): Please see uploaded note with correct zip code. |
04/07/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000123138 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The address on the Note, Security instrument is XXXX does not match the Tax cert address, vacation rental, flood cert of XXXX. Provide updated documents reflecting the correct zip code. | Reviewer Comment (2026-04-07): Corrected Note provided.
Cleared. Seller Comment (2026-04-07): Comment from XXXX (XXXX): Please see uploaded note and security with correct zip code. |
04/07/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000123138 | XXXXXX | XXXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. | Reviewer Comment (2026-04-07): Received updated hazard insurance
policy. Exception cleared. Seller Comment (2026-04-07): Comment from XXXX (XXXX): Please see uploaded insurance documents. |
04/07/2026 | No | 1 | A | A | A | A | A | TX | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||||||||
| XXXXXX | 4000122094 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided | Reviewer Comment (2026-04-08): Received Certificate of Good
Standing. Exception cleared. Seller Comment (2026-04-08): Comment from XXXX (XXXX): Cert of Filing |
04/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000121497 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX . $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Insufficient or no cure was provided to the borrower. | Reviewer Comment (2026-04-07): XXXX received PCCD, LOE, proof of
mailing & copy of refund check. Seller Comment (2026-04-03): Comment from XXXX ( XXXX): Documents - check copy, LOE letter, PCD, Shipping label Reviewer Comment (2026-04-03): XXXX Received rebuttal comment on the exception stating second appraisal fee added due to loan amount; however, there is no change in loan amount from Initial LE and fee should have been know at the time of Initial LE. In order to determine if the changed circumstance is valid more information is necessary on reason fee added and when lender became aware of the change. A valid Changed Circumstance or cure is required. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check. Seller Comment (2026-04-01): Comment from XXXX ( XXXX): Hello, We have provided the uploaded COC and LE redisclosure in the submission package already. Due to the loan amount, we needed 2nd appraisal report rather than Desk Review so we have sent out redisclosure adding the 2nd appraisal report fee. Thank you. |
XXXXX | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | C | B | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000121497 | XXXXXX | XXXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
The Preliminary Title policy does not list coverage amount. | Reviewer Comment (2026-03-31): Accepted as is. |
03/31/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | C | B | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000121497 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-04-06): Clearing based on review coming
back within tolerances. |
04/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | B | C | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXXX | 4000121497 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Income Eligibility for second income for the same line of restaurant (XXXX % ownership) opened less than two years. | Borrower has been employed in the same industry for more than 5
years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The qualifying DTI on the loan is at least 10% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-03-31): Client elected to waive/regrade
with compensating factors. Lender exception provided. |
03/31/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | C | B | C | B | A | A | Non QM | Non QM | No | |||||||||
| XXXXXX | 4000122066 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-04-01): Accepted as is. |
04/01/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | MD | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000122066 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-04-08): Clearing based on review coming
back within tolerances. |
04/08/2026 | No | 1 | A | A | A | A | A | MD | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||||||||
| XXXXXX | 4000123402 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | No cure provided. | Reviewer Comment (2026-04-06): XXXXreceived valid changed
circumstance. Seller Comment (2026-04-03): Comment from XXXX (XXXX): loan amount changed, rate changed, increased in points |
04/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000123402 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Verification Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | No cure provided. | Reviewer Comment (2026-04-14): XXXXreceived Corrected PCCD,
Letter of Explanation, Proof of Delivery and Copy of Refund Check resulting
in a cured the exception. Seller Comment (2026-04-13): Comment from XXXX (XXXX): borrower refunded Reviewer Comment (2026-04-08): XXXX: the verification of business entity that was provided in the trailing images was also provided in the original loan package. However, XXXX also required additional information on why the 3rd party verification services are needed to approve on XXXX and was not known prior to and at initial application disclosure and to provide supporting information on when lender become aware of the loan required the 3rd verification or Cure would be due to borrower. Cure consists of corrected CD, LOE to borrower, proof of mailing, and copy of refund check. Seller Comment (2026-04-07): Comment from XXXX (XXXX): incorrect verifications added and ordered same day. Reviewer Comment (2026-04-06): XXXXreceived a COC dated XXXX indicating that third-party verification services were required. However, the loan file contains a third-party verification document completed on XXXX, and all applicable fees should have been disclosed with the initial disclosures. This is outside of the required three-day timeline for notification of borrower. If there was an additional reason the fee was added we will need the additional information otherwise a corrected CD, LOE, refund check, and proof of mailing is needed to cure. Seller Comment (2026-04-03): Comment from XXXX (XXXX): attached |
XXXXX | No | 2 | C | B | C | B | C | B | C | B | C | B | TX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000122205 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-04-16): Clearing based on review coming
back within tolerances. |
04/16/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000123109 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-04-16): Clearing based on review coming
back within tolerances. |
04/16/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | PA | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000123109 | XXXXXX | XXXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | The Title Policy Amount of $XXXX is less than the note amount of $XXXX based on the Commitment in file. | Reviewer Comment (2026-04-03): Accepted as is. |
04/03/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | PA | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||||
| XXXXXX | 4000122332 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-04-20): Clearing based on review coming
back within tolerances. |
04/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | GA | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000122847 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Guidelines state that properties less than XXXX square feet are ineligible. The subject property is a XXXX square feet condominium. Comparables 2 and 4 are also under XXXX square feet at XXXX square feet and XXXX square feet, documenting market acceptance. Appraiser confirms all of the condos in the complex are smaller units and confirms they are not atypical for the area. The property can be rebuilt as is in the case of destruction. Lender exception approved, Comp Factors: FICO XXXX, 64 months reserves. | Borrower's monthly reserves have been verified and exceed the
amount required based on the guidelines by at least 4 months. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-04-07): Client elects to waive/regrade
with compensating factors. |
04/07/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | MA | Investment | Purchase | B | B | B | B | A | A | N/A | No | ||||||||||||
| XXXXXX | 4000123124 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-04-20): Loan has been removed from the
Enhanced Review per the client. |
04/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000119844 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of Appraisal is missing. | Reviewer Comment (2026-04-08): Accepted as is. |
04/08/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | PA | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000119844 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Originator Loan Designation of Non QM updated from guidelines. | Reviewer Comment (2026-05-19): Received co-borrower retirement
statement not originally in file |
05/19/2026 | No | 1 | B | A | C | A | B | A | C | A | B | A | PA | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation | C | B | C | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000119844 | XXXXXX | XXXXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | Calculated Available for Reserves of $XXXX is less than Guideline Available for Reserves of $XXXX. | Reviewer Comment (2026-05-19): Received retirement savings plan
statement for co-borrower Reviewer Comment (2026-05-19): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Calculated Available for Reserves of $XXXX is less than Guideline Available for Reserves of $XXXX. Seller Comment (2026-05-19): Comment from XXXX (XXXX): asset statements Reviewer Comment (2026-04-30): Pension statement received is not within 120 days of the note date Reviewer Comment (2026-04-30): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Calculated Available for Reserves of $XXXX is less than Guideline Available for Reserves of $XXXX. Seller Comment (2026-04-30): Comment from XXXX (XXXX): PENSION STATEMENT Reviewer Comment (2026-04-22): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Calculated Available for Reserves of $XXXX is less than Guideline Available for Reserves of $XXXX. Reviewer Comment (2026-04-10): Calculated Available for Reserves of $XXXX is less than Guideline Available for Reserves of $XXXX. Exception remains. Seller Comment (2026-04-10): Comment from XXXX (XXXX): ACCOUNT DOCS |
05/19/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | PA | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000119844 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | ATR due to short reserves. | Reviewer Comment (2026-05-19): Received co-borrower retirement
statement not originally in file |
05/19/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | PA | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000122955 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-04-08): Accepted as is. |
04/08/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | C | B | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000122955 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-04-08): Accepted as is. |
04/08/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | C | B | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000122955 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-04-20): Loan has been removed from the
Enhanced Review per the client. |
04/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | B | C | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXXX | 4000122955 | XXXXXX | XXXXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | Reviewer Comment (2026-04-09): Received, Clearing. Seller Comment (2026-04-08): Comment from XXXX (XXXX): Hello, please see attached PCCD to use for the updated Cash to Close amount. The Borrower has a verified assets amount of $XXXX and the Cash to Close amount on the PCCD is $XXXX, which leaves $XXXX remaining for reserves. Primary occupancy with loan amount exceeding $XXXX MM requires 6 months P&I reserves. Therefore, a total of $XXXX P&I * 6 months = $XXXX reserves required. The Borrower has demonstrated sufficient funds. Thank you. |
04/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | B | C | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXXX | 4000122955 | XXXXXX | XXXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
Reviewer Comment (2026-04-08): Accepted as is. |
04/08/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | C | B | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000122955 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Reviewer Comment (2026-04-09): Received, Clearing. Seller Comment (2026-04-08): Comment from XXXX (XXXX): Hello, please see attached PCCD to use for the updated Cash to Close amount. The Borrower has a verified assets amount of $XXXX and the Cash to Close amount on the PCCD is $XXXX, which leaves $XXXX remaining for reserves. Primary occupancy with loan amount exceeding $XXXX MM requires 6 months P&I reserves. Therefore, a total of $XXXX P&I * 6 months = $XXXX reserves required. The Borrower has demonstrated sufficient funds. Thank you. |
04/09/2026 | No | 1 | B | A | C | A | B | A | C | A | B | A | CA | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation | C | B | C | B | C | B | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXXX | 4000122955 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Borrower is short reserve requirements. | Reviewer Comment (2026-04-09): Received, Clearing. Seller Comment (2026-04-08): Comment from XXXX (XXXX): Hello, please see attached PCCD to use for the updated Cash to Close amount. The Borrower has a verified assets amount of $XXXX and the Cash to Close amount on the PCCD is $XXXX, which leaves $XXXX remaining for reserves. Primary occupancy with loan amount exceeding $XXXX MM requires 6 months P&I reserves. Therefore, a total of $XXXX P&I * 6 months = $XXXX reserves required. The Borrower has demonstrated sufficient funds. Thank you. |
04/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | B | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000124425 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-04-20): Loan has been removed from the
Enhanced Review per the client. |
04/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CT | Investment | Purchase | D | A | D | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000124425 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Purchase Agreement / Sales Contract not provided | Fully executed purchase contract is required and not provided. | Reviewer Comment (2026-04-09): Received Purchase Contract.
Exception cleared. Seller Comment (2026-04-09): Comment from XXXX (XXXX): Please see uploaded purchase contract documents. |
04/09/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CT | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000123355 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-04-16): Enhanced Review order cancelled
by the client. |
04/16/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXXX | 4000123355 | XXXXXX | XXXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | The Title Policy Amount of $XXXX is less than the note amount of $XXXX based on the Commitment in file. | Reviewer Comment (2026-04-10): Client elects to waive |
04/10/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000123355 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver Test | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. | Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. | Reviewer Comment (2026-04-14): XXXXreceived 03/19 CD received 3
business days prior to consummation. Seller Comment (2026-04-13): Comment from XXXX (XXXX): TF XXXX Please see the attached TRID Disclosure History and initial Closing disclosure that shows the borrower was sent the initial Closing Disclosure on XXXX and consented to it on XXXX. |
04/14/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | No Defined Cure | C | B | C | B | C | A | A | A | Non QM | Non QM | No | |||||||||
| XXXXXX | 4000123355 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-04-09): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | A | A | A | A | A | TX | Primary | Purchase | Final CD evidences Cure | C | B | C | B | C | A | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXXX | 4000122020 | XXXXXX | XXXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal was made "subject to" and Form 1004D/442 was not provided. | - | Appraisal was made subject to and 442 is not in images | Reviewer Comment (2026-04-15): Received roof inspection report
which confirms there are no leaks or water marks noted that would impact the
livability or the structural integrity of the home. Hence exception is
cleared. Seller Comment (2026-04-15): Comment from XXXX (XXXX): 04/15/2026 - KJ: The appraisal was made subject to a professional inspection of the roof, and the provided documentation confirms there are no leaks or water marks noted that would impact the livability or the structural integrity of the home. A 1004D is not required per FNMA B4-1.3-06. |
04/15/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Purchase | C | A | A | A | C | A | N/A | No | |||||||||||||
| XXXXXX | 4000121257 | XXXXXX | XXXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Tax verification document for missing | Reviewer Comment (2026-04-16): Included in HOA. Co-Op. Cleared. Seller Comment (2026-04-16): Comment from XXXX (XXXX): Both mentioned properties are Co-Ops. The monthly co-op maintenance fees include property taxes and insurance. All expenses associated with both properties have been included in the DTI. In addition, both properties were identified as Co-Ops in the REO section of the URLA. |
04/16/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | PA | Investment | Purchase | C | B | C | A | B | B | A | A | N/A | N/A | No | ||||||||||
| XXXXXX | 4000121257 | XXXXXX | XXXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Tax and Insurance Verification documents missing | Reviewer Comment (2026-04-16): Included in HOA. Co-Op. Cleared. Seller Comment (2026-04-16): Comment from XXXX (XXXX): Both mentioned properties are Co-Ops. The monthly co-op maintenance fees include property taxes and insurance. All expenses associated with both properties have been included in the DTI. In addition, both properties were identified as Co-Ops in the REO section of the URLA. |
04/16/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | PA | Investment | Purchase | C | B | C | A | B | B | A | A | N/A | N/A | No | ||||||||||
| XXXXXX | 4000121257 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Waiver Less than 3 Days From Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Borrower provided appraisal waiver less than three (3) business days prior to consummation. | Borrower provided appraisal waiver less than three (3) business days prior to consummation. | Reviewer Comment (2026-04-13): Accepted as is. |
04/13/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | PA | Investment | Purchase | C | B | C | A | B | B | A | A | N/A | N/A | No | ||||||||||
| XXXXXX | 4000121257 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-04-22): Finding reported in new
exception. |
04/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | PA | Investment | Purchase | C | B | C | A | B | B | A | A | N/A | N/A | No | ||||||||||||
| XXXXXX | 4000121257 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Enhanced Valuation Review Finding | Subject Property Overview The subject property is a vacant two-family residential dwelling located on XXXX within a suburban residential neighborhood of XXXXXXXXX. Originally constructed in XXXXX, the improvements contain approximately XXXX square feet of gross living area situated on a compact 0.03-acre lot, which is typical for multifamily properties in this area. The property is configured with a total of four bedrooms and two-and-one-half bathrooms and includes an unfinished basement. No garage parking is provided, consistent with similar housing stock in the immediate neighborhood. Overall condition is described as average with updates. Interior photographs indicate updates to the kitchen and bathrooms, and utilities and appliances were reported to be operational at the time of inspection. No physical deficiencies, structural concerns, or adverse environmental conditions were identified that would negatively impact livability or marketability. The subject was actively exposed to the open market beginning in XXXX and subsequently sold on XXXX, for $XXXX, providing highly relevant and current market evidence. The appraisal, with an effective date of XXXX, concluded an as-is market value of $XXXX. Based on review of recent market activity and comparable sales, the reviewer determined that this conclusion is not fully supported by available data. Comparable Sale Analysis The sale at XXXX closed inXXXX for $XXXX and is located approximately 0.62 miles from the subject within the same general neighborhood. This property contains approximately 2,016 square feet of gross living area with four bedrooms and two bathrooms on a 0.02-acre lot. XXXX, it features an unfinished basement and similar overall condition. Inferior interior size and lot characteristics position this sale toward the lower end of the value range, providing credible lower-range support. The most proximate and highly comparable sale is XXXX, located immediately adjacent to the subject at approximately 0.01 miles. This property sold in XXXX for $XXXX and contains approximately 1,897 square feet of gross living area with four bedrooms and three bathrooms on a similarly sized 0.03-acre lot. Constructed in the same year as the subject, it shares nearly identical location, neighborhood influence, and functional appeal. Despite being slightly inferior in living area, its sale price strongly supports value conclusions near the mid-$XXXX range and limits support for significant upward adjustments. Another relevant sale is XXXX, which closed in XXXX for $XXXX and is located approximately 0.72 miles from the subject. This property contains approximately 2,400 square feet of gross living area with three bedrooms and two bathrooms. While inferior in bedroom count, it is slightly superior in overall size. After consideration of functional differences, this sale aligns closely with the subject's recent contract and sale price, providing strong mid-range support. Appraisal-utilized comparables were reviewed but were found to rely on properties that were materially superior in gross living area or required excessive adjustments. Additionally, the inclusion of dated sales due to limited inventory further weakened support for the appraised value. Valuation Reconciliation The most relevant and proximate comparable sales establish a supported as-is market value range generally between approximately $XXXX and $XXXX for two-family properties competitive with the subject in this portion of XXXX. Pricing differences within this range are primarily driven by gross living area, bedroom and bathroom configuration, and minor condition differences, with location and overall appeal remaining consistent. The subject's recent arm's-length sale at $XXXX represents the most persuasive and current indicator of market value. When reconciled against the most comparable neighborhood sales-particularly XXXX and XXXX-the sale price reflects prevailing buyer behavior and market expectations. The appraised value of $XXXX materially exceeds the upper end of the supported range and is not corroborated by either closed sales or the subject's own market exposure. |
Reviewer Comment (2026-05-05): Based on the rebuttal, the recon
review has been updated with new comps and raised the value to XXXX, putting
it under the 10% variance. The recent sale at XXXX influenced a more
conservative initial review but after further research there are recent sales
supporting a slightly higher range. The sale may have been priced for a quick
sale. Reviewer Comment (2026-04-27): The appraiser needs to address the variances found in the review. Seller Comment (2026-04-24): Comment from XXXX (XXXX): Valuation evaluation attached. |
05/05/2026 | No | 1 | A | A | A | A | A | PA | Investment | Purchase | C | B | C | A | B | B | A | A | N/A | N/A | No | ||||||||||||||||
| XXXXXX | 4000118535 | XXXXXX | XXXXXX | Credit | Investment Product | General | Investment Product | REO property does not have a lease in place and required by guidelines. | - | Lease Agreement not provided in the file. | Reviewer Comment (2026-05-28): Lease agreement received and with
3 months rental receipt. Lease indicates it will renew every year Reviewer Comment (2026-05-21): Received 3 most rent receipts however still required updated lease agreement reflecting month to month. Exception remains. Seller Comment (2026-05-21): Comment from XXXX (XXXX): Receipts of rent. There is no updated lease since they are month to month. Please escalate this to clear for purchase. Reviewer Comment (2026-05-12): The lease agreement provided does not list the month to month lease amount. Provide updated lease agreement reflecting month to month and lease amount. Seller Comment (2026-05-12): Comment from XXXX (XXXX): lease went from month to month Reviewer Comment (2026-04-14): Ad per guidelines, Gross Income will be calculated using the lower of the A) executed lease agreement or B) market rent from applicable Appraisal. Subject property is tenant occupied and is being refinanced. Please provide Lease Agreement. Exception remains. Buyer Comment (2026-04-14): Comment from XXXX (XXXX): 1007 reflects the lease amount. Their guides do not require a lease of noted on the 1007. |
05/28/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||
| XXXXXX | 4000121986 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-04-20): Loan has been removed from the
Enhanced Review per the client. |
04/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NM | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXXX | 4000124781 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-04-20): Loan has been removed from the
Enhanced Review per the client. |
04/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 2000000596 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Loan submitted as Asset Utilization Loan. Would like to use life insurance at full surrender value in qualification. | Borrower has verified disposable income of at least $2500.00. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-04-13): Client exception received. Buyer Comment (2026-04-13): Exception form |
04/13/2026 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Purchase | C | B | C | B | A | A | A | A | Non QM | Non QM | No | |||||||||
| XXXXXX | 4000123291 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Deed Preparation Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | No cure was provided to the borrower. | Reviewer Comment (2026-05-12): XXXXreceived Letter of
explanation and Corrected Closing disclosure. Seller Comment (2026-05-11): Comment from XXXX (XXXX): see attached updated PCCD and LOE. Reviewer Comment (2026-05-08): XXXXreceived corrected PCCD and LOE with moving the fee from section B to H. If this is an optional fee and borrower opted to shop for the fee and lender is not required the fee please provide LOX confirming the same. Seller Comment (2026-05-07): Comment from XXXX (XXXX): see attached |
05/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Refinance - Rate/Term | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | C | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000123291 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Wire / Funding / Disbursement Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | No cure was provided to the borrower. | Reviewer Comment (2026-05-08): XXXXreceived corrected PCCD and
LOE with corrected fee name. Seller Comment (2026-05-07): Comment from XXXX (XXXX): see attached Reviewer Comment (2026-04-30): XXXXreceived LOX but the fee was disclosed without title on final CD and tested under 0% tolerance. Please provide corrected PCCD and LOE with corrected fee name with title prefix. Seller Comment (2026-04-29): Comment from XXXX (XXXX): see attached |
05/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Refinance - Rate/Term | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | C | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000123291 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Amount Financed Test | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of $XXXX is over disclosed by $XXXX compared to the calculated Amount Financed of $XXXX and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate (fee amounts included in Amount Financed and Finance Charge calculations are based on Closing Disclosure dated XXXX). | Final Closing Disclosure provided on XXXX disclosed an inaccurate Amount Financed. | Reviewer Comment (2026-05-11): XXXXreceived lender attestation
on title tax cert is not life of loan service. Seller Comment (2026-05-08): Comment from XXXX (XXXX): see attached from Title Reviewer Comment (2026-04-30): Upfront one-time determination Tax Cert is excluded, however life of loan tax service is included as a finance charge. Please provide invoice or other documentary evidence to determine which portion is for upfront determination and which portion is for life of loan tax service as applicable. Seller Comment (2026-04-29): Comment from XXXX (XXXX): see attached |
05/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Refinance - Rate/Term | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) | C | A | C | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000123291 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Finance Charge | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of $XXXX is under disclosed by $XXXX compared to the calculated Finance Charge of $XXXX which exceeds the $XXXX threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XXXX). | Final Closing Disclosure provided on XXXX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan. | Reviewer Comment (2026-05-11): XXXXreceived lender attestation
on title tax cert is not life of loan service. Seller Comment (2026-05-08): Comment from XXXX (XXXX): see attached from title Reviewer Comment (2026-04-30): Upfront one-time determination Tax Cert is excluded, however life of loan tax service is included as a finance charge. Please provide invoice or other documentary evidence to determine which portion is for upfront determination and which portion is for life of loan tax service as applicable. Seller Comment (2026-04-29): Comment from XXXX (XXXX): see attached |
05/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Refinance - Rate/Term | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) | C | A | C | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000123291 | XXXXXX | XXXXXX | Credit | Disclosure | Missing Document | Disclosure | E-sign Consent Agreement is missing. | - | The file is missing a copy of the E-sign document. | Reviewer Comment (2026-04-17): Received E-sign Consent
Agreement. Exception cleared. Seller Comment (2026-04-17): Comment from XXXX (XXXX): see attached |
04/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Refinance - Rate/Term | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000123291 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Loan Estimate Timing Electronically Provided | TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated XXXX was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. | Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated XXXX was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. | Reviewer Comment (2026-05-08): XXXXreceived earliest
e-consent. Seller Comment (2026-05-07): Comment from XXXX (XXXX): please see attached |
05/08/2026 | No | 1 | A | A | A | A | A | NJ | Primary | Refinance - Rate/Term | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||||||||
| XXXXXX | 4000124054 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-04-20): Loan has been removed from the
Enhanced Review per the client. |
04/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000124092 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Reviewer Comment (2026-04-15): Accepted as is. |
04/15/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | HI | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000124092 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-04-16): Enhanced Review order cancelled
by the client. |
04/16/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | HI | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXXX | 4000124092 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Reviewer Comment (2026-04-17): XXXXreceived valid COC
document Seller Comment (2026-04-16): Comment from Post Closing (XXXX): Please see attached |
04/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | HI | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | C | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000124092 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Reviewer Comment (2026-04-17): XXXXreceived PCCD, LOE, proof of
mailing & copy of refund check. Seller Comment (2026-04-16): Comment from Post Closing (XXXX): please see attached |
XXXXX | No | 2 | C | B | C | B | C | B | C | B | C | B | HI | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | C | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000124092 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Reviewer Comment (2026-04-24): XXXXreceived Letter of
Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD. Seller Comment (2026-04-23): Comment from Post Closing (XXXX): See attached Reviewer Comment (2026-04-23): XXXXReceived Cure docs for $XXXX for Appraisal fee; however, exception is for Appraisal re-inspection fee. Provide additional Cure for $XXXX. Cure Docs consists of PCCD, LOE, Refund Check and Proof of Mailing. Seller Comment (2026-04-22): Comment from Post Closing (XXXX): Please see attached PCCD, LOE, Refund Check and Proof of Mailing and kindly advise if this condition can be cleared. Reviewer Comment (2026-04-22): XXXXAppraisal report in file is dated XXXX and XXXX is dated XXXX; however, Appraisal re-inspection fee charged on CD dated XXXX which is not within 3 days timeline from Appraisal report and cure is due. Cure Consists of PCCD, LOE, Refund Check and Proof of Mailing. Seller Comment (2026-04-21): Comment from Post Closing (XXXX): See attached Reviewer Comment (2026-04-20): XXXXreceived appraisal order dated XXXX, however fee added on XXXX which is not within 3 days of change. Please provide additional information why fee added on XXXX or cure is required. Cure documents consist of PCCD, LOE, proof of mailing & copy of refund check. Seller Comment (2026-04-17): Comment from Post Closing (XXXX): please see attached Appraisal order POD Reviewer Comment (2026-04-17): XXXXreceived Changed Circumstance dated XXXX, however we require additional supporting document to verify when UW conditioned for final inspection. Please provide same to re-evaluate the exception. Seller Comment (2026-04-16): Comment from Post Closing (XXXX): please see attached |
XXXXX | No | 2 | C | B | C | B | C | B | C | B | C | B | HI | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | C | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000124092 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Flood | FEMA Disaster Issue: The most recent valuation inspection is dated prior to a FEMA disaster. | Reviewer Comment (2026-04-27): Received, Clearing. Seller Comment (2026-04-24): Comment from Post Closing (XXXX): See attached |
04/27/2026 | No | 1 | A | A | A | A | A | HI | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | |||||||||||||||||
| XXXXXX | 4000124092 | XXXXXX | XXXXXX | Property | Valuation | General | Valuation | Valuation Product pending | XXXX / Post Disaster Inspection + XXXX - 5 Days | Reviewer Comment (2026-04-27): Received, Clearing. Reviewer Comment (2026-04-25): Valuation Received - 04/25/2026 |
04/27/2026 | No | 1 | A | A | A | A | A | HI | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||||||||
| XXXXXX | 4000125341 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-04-20): Loan has been removed from the
Enhanced Review per the client. |
04/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXXX | 4000125341 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided. | Reviewer Comment (2026-04-16): Excepted as is. |
04/16/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | NJ | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000125341 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided. | Reviewer Comment (2026-04-16): Excepted as is. |
04/16/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | NJ | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000125341 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | 12 months bank statements required for XXXX Account. 9 months have been provided. | Reviewer Comment (2026-05-04): 12 Months Bank Statement
provided. Cleared. Seller Comment (2026-05-04): Comment from XXXX (XXXX): Statements, Income Calc, 1003 & 1008 Reviewer Comment (2026-04-27): Reviewed the LOE from the borrower. Still need the bank statements requested for the account ending in XXXX as used to qualify. Seller Comment (2026-04-27): Comment from XXXX (XXXX): LOX - There are 2 bank accounts used however, XXXXX XXXX was a 2nd account, and "new" to "replace" the XXX. The XXXXX statements overlap the XXXX from when they opened it. Borrower explains that he did not fully close the XXXX as company had been too busy to fully transition all accounts over to the XXXX account. Reviewer Comment (2026-04-21): There are only 9 months bank statements for account XXXX.(XXXX-XXXX) We are missing XXXX, XXXX and XXXX Buyer Comment (2026-04-21): Comment from XXXX (XXXX): Can you please clarify on the outstanding condition? This is an interest only loan and was locked that way |
05/04/2026 | No | 1 | B | A | C | A | B | A | C | A | B | A | NJ | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation | C | B | C | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000125341 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability to Repay – Bank Statement Guidelines Require Less than 12 Months | Ability to Repay (Dodd-Frank 2014): Guidelines require less than 12 consecutive months bank statements. | Reviewer Comment (2026-04-16): Accepted as is. |
04/16/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | NJ | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000125341 | XXXXXX | XXXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | New Exception. DTI exceeds maximum per guides. | Reviewer Comment (2026-05-05): Adding back deposit less than 50%
of total income. DTI now meets guidelines Reviewer Comment (2026-05-05): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Calculated investor qualifying total debt ratio of XXXX% exceeds Guideline total debt ratio of XXXX%. Seller Comment (2026-05-05): Comment from XXXX (XXXX): Attached |
05/05/2026 | No | 1 | A | A | A | A | A | NJ | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||||||||
| XXXXXX | 4000125371 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided | Certificate of Good Standing is missing for XXXX. | Reviewer Comment (2026-04-16): Received Certificate of Good
Standing. Exception cleared. Seller Comment (2026-04-16): Comment from XXXX (XXXX): Certificate of Good Standing Attached |
04/16/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000124411 | XXXXXX | XXXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Hazard Insurance coverage is $XXXX, however the RCE reflects $XXXX | Reviewer Comment (2026-06-10): Received, Clearing. Seller Comment (2026-06-10): Comment from XXXX (XXXX): see attached Reviewer Comment (2026-05-05): The Replacement cost has been entered. The coverage is short $XXXX. Provide policy reflecting sufficient coverage. Seller Comment (2026-05-05): Comment from XXXX (XXXX): Please see email from Insurance agent |
06/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MS | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000122496 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Articles of Organization/Formation not provided | The file is missing a copy of the Articles of Organization. | Reviewer Comment (2026-04-24): Received Articles of
Organization/Formation. Exception cleared. Seller Comment (2026-04-24): Comment from XXXX (XXXX): see attached |
04/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | ME | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000122496 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Note Addendum - Prepayment not provided | The file is missing a copy of the Note Addendum Prepayment. | Reviewer Comment (2026-05-01): Received, Clearing. Seller Comment (2026-05-01): Comment from XXXX (XXXX): See copy attached. Please provide address of where to send the original Prepayment addendum to the Note. Reviewer Comment (2026-04-30): Please upload a copy of the addendum to the portal in mTrade. Buyer Comment (2026-04-30): Comment from XXXX (XXXX): We will have the original Pre-payment Note addendum tomorrow. Please provide address of where to send to you. |
05/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | ME | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | Yes | ||||||||||||||
| XXXXXX | 4000122496 | XXXXXX | XXXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Hazard coverage of $XXXX is sufficient to cover the mortgage amount of $XXXX; however, it is insufficient to cover the estimated replacement cost of $XXXX. Please provide a letter from the insurer stating the maximum insurable amount and/or a replacement cost estimator from the insurer. | Reviewer Comment (2026-04-29): RCE provided. Cleared. Seller Comment (2026-04-29): Comment from XXXX (XXXX): see attached |
04/29/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | ME | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000123559 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-04-20): Loan has been removed from the
Enhanced Review per the client. |
04/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000122582 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Appraisal and final Closing Disclosure states it is PUD and has HOA dues, but the Security Instrument does not show or have a PUD rider. | Reviewer Comment (2026-06-16): Received, Clearing. Seller Comment (2026-06-16): Comment from XXXX (XXXX): Corrective Mtg with PUD Rider |
06/16/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000109204 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The CPA letterhead is XXXXX XXXXX XXXXX, but the letterhead on the P&L statement is XXXX. The file did not contain certification on either entity, and the P&L statement was not signed by the CPA. Please provide evidence that the CPA is duly certified, and that the statement was audited and/or reviewed. | Reviewer Comment (2026-03-24): Signed P&L, along with LOE
explaining relationship between two accounting firms, and attestation that
working papers were reviewed, received. Buyer Comment (2026-03-24): Please see updated CPA letter. Reviewer Comment (2026-03-24): LOE received from owner of Accounting Revenue Services. Pending receipt of tax preparer certifying they reviewed and/or audited the financial statements to prepare the provided P&L per previous comments. Buyer Comment (2026-03-23): Please see LOX regarding the association between the two accounting firms. Reviewer Comment (2026-02-10): Pending receipt of the LOE from the tax preparer on the discrepancies in the original documentation that was provided, along with the statement that the financials were audited or reviewed by this individual. Buyer Comment (2026-02-09): Please see uploaded exception. Thank you. Reviewer Comment (2026-01-29): Exception received; however, it still does not address the prior requirements. Signed P&L was received; however, file is still missing evidence that tax preparer reviewed/audited the financial statements/working papers and LOE as to the discrepancy between the tax preparer name on the original CPA letter and the updated CPA letter provided in trailing documents. Buyer Comment (2026-01-27): Please see updated exception. Reviewer Comment (2026-01-17): Signed P&L was received; however, file is still missing evidence that tax preparer reviewed/audited the financial statements/working papers and LOE as to the discrepancy between the tax preparer name on the original CPA letter and the updated CPA letter provided in trailing documents. Buyer Comment (2026-01-16): XXXX-Please see attached Reviewer Comment (2026-01-07): Waived in error. Reviewer Comment (2025-12-17): Condition waived in error. Income documentation requirement under lender's guidelines not met. Missing signature and certification that tax professional that P&L was audited and or prepared by CPA/tax professional. Need documentation to support that income was verified prior to consummation using reliable third party documentation. Reviewer Comment (2025-12-04): Waived with compensating factors per lender exception approval. Buyer Comment (2025-12-02): XXXX-Please see attached |
03/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Exempt from ATR | No | |||||||||||
| XXXXXX | 4000109204 | XXXXXX | XXXXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. | The CPA letterhead is XXXXX XXXXX XXXXX, but the letterhead on the P&L statement is XXXX. The file did not contain certification on either entity, and the P&L statement was not signed by the CPA. Please provide evidence that the CPA is duly certified, and that the statement was audited and/or reviewed. | Reviewer Comment (2026-03-24): Signed P&L, along with LOE
explaining relationship between two accounting firms, and attestation that
working papers were reviewed, received. Reviewer Comment (2026-02-10): Pending receipt of the LOE from the tax preparer on the discrepancies in the original documentation that was provided, along with the statement that the financials were audited or reviewed by this individual. Buyer Comment (2026-02-09): Please see uploaded exception. Thank you. Reviewer Comment (2026-01-29): Exception received; however, it still does not address the prior requirements. Signed P&L was received; however, file is still missing evidence that tax preparer reviewed/audited the financial statements/working papers and LOE as to the discrepancy between the tax preparer name on the original CPA letter and the updated CPA letter provided in trailing documents. Buyer Comment (2026-01-27): Please see updated exception. Reviewer Comment (2026-01-17): Signed P&L was received; however, file is still missing evidence that tax preparer reviewed/audited the financial statements/working papers and LOE as to the discrepancy between the tax preparer name on the original CPA letter and the updated CPA letter provided in trailing documents. Buyer Comment (2026-01-16): XXXX-Please see attached Reviewer Comment (2026-01-07): Waived in error. Reviewer Comment (2025-12-17): Condition waived in error. Income documentation requirement under lender's guidelines not met. Missing signature and certification that tax professional that P&L was audited and or prepared by CPA/tax professional. Need documentation to support that income was verified prior to consummation using reliable third party documentation. Buyer Comment (2025-12-16): XXXX-Please see attached Reviewer Comment (2025-12-11): Loan retested to ATR and condition reopened as this affects ability to repay and the missing documentation would need to be provided. Reviewer Comment (2025-12-04): Waived with compensating factors per lender exception approval. Buyer Comment (2025-12-02): XXXX-Please see attached Reviewer Comment (2025-12-01): Exception form provided does not address the missing income documentation. Buyer Comment (2025-11-26): XXXX-Please see attached Reviewer Comment (2025-11-19): Lender exception reflects NA for the decision. Provide an approved exception. Buyer Comment (2025-11-17): XXXX-Please see attached |
03/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Exempt from ATR | No | |||||||||||
| XXXXXX | 4000109204 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Reviewer Comment (2026-01-26): CDFI lender testing ATR Buyer Comment (2026-01-26): Please waive. Reviewer Comment (2026-01-17): Condition reopened. Lender requested ATR testing. Reviewer Comment (2026-01-07): Lender is Exempt from ATR Reviewer Comment (2025-12-11): CDFI Lender. Informational only. |
01/26/2026 | No | 2 | A | A | A | A | A | FL | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Exempt from ATR | No | ||||||||||||||||
| XXXXXX | 4000109204 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (XXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | XXXXdue to the CPA letter deficiencies in file. | Reviewer Comment (2026-03-24): Signed P&L, along with LOE
explaining relationship between two accounting firms, and attestation that
working papers were reviewed, received. Reviewer Comment (2026-02-10): Pending receipt of the LOE from the tax preparer on the discrepancies in the original documentation that was provided, along with the statement that the financials were audited or reviewed by this individual. Buyer Comment (2026-02-09): Please see uploaded exception. Thank you. Reviewer Comment (2026-01-17): Condition reopened. Lender requested ATR testing. Signed P&L was received; however, file is still missing evidence that tax preparer reviewed/audited the financial statements/working papers and LOE as to the discrepancy between the tax preparer name on the original CPA letter and the updated CPA letter provided in trailing documents. Reviewer Comment (2026-01-07): Lender is exempt from ATR. |
03/24/2026 | No | 1 | A | A | A | A | A | FL | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation | C | A | C | A | A | A | A | A | Non QM | Exempt from ATR | No | ||||||||||||||
| XXXXXX | 4000109204 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (XXXX): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | XXXX due to the CPA letter deficiencies in file. | Reviewer Comment (2026-03-24): Signed P&L, along with LOE
explaining relationship between two accounting firms, and attestation that
working papers were reviewed, received. Reviewer Comment (2026-02-10): Pending receipt of the LOE from the tax preparer on the discrepancies in the original documentation that was provided, along with the statement that the financials were audited or reviewed by this individual. Buyer Comment (2026-02-09): Please see uploaded exception. Thank you. Reviewer Comment (2026-01-17): Condition reopened. Lender requested ATR testing. Signed P&L was received; however, file is still missing evidence that tax preparer reviewed/audited the financial statements/working papers and LOE as to the discrepancy between the tax preparer name on the original CPA letter and the updated CPA letter provided in trailing documents. Reviewer Comment (2026-01-07): Lender is exempt from ATR. |
03/24/2026 | No | 1 | A | A | A | A | A | FL | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Exempt from ATR | No | |||||||||||||||
| XXXXXX | 4000109204 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (XXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. | XXXX due to the CPA letter deficiencies in file. | Reviewer Comment (2026-03-24): Signed P&L, along with LOE
explaining relationship between two accounting firms, and attestation that
working papers were reviewed, received. Reviewer Comment (2026-02-10): Pending receipt of the LOE from the tax preparer on the discrepancies in the original documentation that was provided, along with the statement that the financials were audited or reviewed by this individual. Buyer Comment (2026-02-09): Please see uploaded exception. Thank you. Reviewer Comment (2026-01-17): Condition reopened. Lender requested ATR testing. Signed P&L was received; however, file is still missing evidence that tax preparer reviewed/audited the financial statements/working papers and LOE as to the discrepancy between the tax preparer name on the original CPA letter and the updated CPA letter provided in trailing documents. Reviewer Comment (2026-01-07): Lender is exempt from ATR. |
03/24/2026 | No | 1 | A | A | A | A | A | FL | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Exempt from ATR | No | |||||||||||||||
| XXXXXX | 4000124787 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Insurance | Missing Document: Flood Certificate not provided | Flood Certificate was not found in file. | Reviewer Comment (2026-04-18): Received, Clearing. Seller Comment (2026-04-17): Comment from XXXX (XXXX): Please see uploaded flood cert. |
04/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | ID | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000124451 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-04-20): Loan has been removed from the
Enhanced Review per the client. |
04/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NV | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000119594 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Borrower does not have ownership in primary residence. | The representative FICO score exceeds the guideline minimum by at least 40 points. | SitusAMC | Reviewer Comment (2026-04-17): Client elected to waive/regrade
with compensating factors. Lender
exception provided. |
04/17/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | NJ | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | N/A | No | ||||||||||||
| XXXXXX | 4000119594 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Borrower Business Entity is missing in signature line of Note. | Reviewer Comment (2026-04-21): Corrected note received Seller Comment (2026-04-21): Comment from XXXX (XXXX): correct note |
04/21/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000119594 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-04-20): Loan has been removed from the
Enhanced Review per the client. |
04/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000119594 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Guarantor Agreement not provided | Reviewer Comment (2026-04-21): Note signed as individual and
member of the business |
04/21/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | NJ | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000125268 | XXXXXX | XXXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Legal Description not provided | Reviewer Comment (2026-04-23): Received Legal Description.
Exception cleared. Seller Comment (2026-04-23): Comment from XXXX (XXXX): please see attached recorded mortgage |
04/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | UT | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000123241 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Articles of Organization/Formation not provided | Articles of Organization/Formation is missing. | Reviewer Comment (2026-04-27): Received Articles of
Organization. Exception cleared. Seller Comment (2026-04-27): Comment from XXXX (XXXX): Articles of Incorporation |
04/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OK | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000123241 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided | Corporate Resolution is missing. | Reviewer Comment (2026-04-27): Received Corporate Resolution.
Exception cleared. Seller Comment (2026-04-27): Comment from XXXX (XXXX): Corp Resolution |
04/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OK | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000123241 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided | Certificate of Good Standing is missing. | Reviewer Comment (2026-04-23): Received Certificate of Good
Standing. Exception cleared. Seller Comment (2026-04-23): Comment from XXXX (XXXX): Cert of Good Standing XXXXXXXXX XXXXXXXX Reviewer Comment (2026-04-21): Received Certificate of Good Standing other business. Provide Certificate of Good Standing for subject business as per Note. Exception remains. Seller Comment (2026-04-21): Comment from XXXX (XXXX): Cert of Good Standing |
04/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OK | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000123241 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Employer Identification Number (EIN) not provided | Employer Identification Number (EIN) is missing. | Reviewer Comment (2026-04-23): Received Employer Identification
Number (EIN). Exception cleared. Seller Comment (2026-04-23): Comment from XXXX (XXXX): EIN XXXXXXXXX XXXXXXXX Reviewer Comment (2026-04-21): Received EIN for other business. Provide EIN for subject business as per Note. Exception remains. Seller Comment (2026-04-21): Comment from XXXX (XXXX): EIN |
04/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OK | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000123241 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided | Operating Agreement is missing. | Reviewer Comment (2026-04-23): Received Operating Agreement.
Exception cleared. Seller Comment (2026-04-23): Comment from XXXX (XXXX): Op Agreement - XXXXXXXXX XXXXXXXX Reviewer Comment (2026-04-21): Required Operating Agreement for XXXXXXXXX XXXXXXXX. Exception remains. Seller Comment (2026-04-21): Comment from XXXX (XXXX): Operating Agreement |
04/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OK | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000126007 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Rider - 1-4 Family not provided | Rider - 1-4 Family was not found in file. | Reviewer Comment (2026-04-22): Received 1-4 Family rider.
Exception cleared. Seller Comment (2026-04-21): Comment from Post Closing (XXXX): See attached |
04/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NV | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000120960 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided | Reviewer Comment (2026-04-27): Loan Security agreement
received Reviewer Comment (2026-04-23): Security Instrument - Subject Lien not received. Exception remains. Seller Comment (2026-04-23): Comment from XXXX (XXXX): please see attached recorded mortgage |
04/27/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | NY | Primary | Purchase | D | A | D | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXXX | 4000120960 | XXXXXX | XXXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Legal Description not provided | Reviewer Comment (2026-04-27): UCC1 received Seller Comment (2026-04-27): Comment from XXXX (XXXX): Please see attached. The subject property is a co-op Reviewer Comment (2026-04-23): Provide separate copy for Legal Description. Exception remains. Seller Comment (2026-04-23): Comment from XXXX (XXXX): please see attached recorded mortgage |
04/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Purchase | D | A | D | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXXX | 4000122137 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Will Have Escrow - Initial Escrow Payment By All Parties | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XXXX disclosed an Initial Escrow Payment that includes both borrower and non-borrower paid amounts. | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XXXX disclosed an Initial Escrow Payment that includes both borrower and non-borrower paid amounts. (Final/XXXX) | Reviewer Comment (2026-04-21): Accepted as is. |
04/21/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CO | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure | B | B | A | A | B | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000121465 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Insufficient or no cure was provided to the borrower. | Reviewer Comment (2026-04-24): Sufficient cure provided. Full
cure amount for tolerance violation was provided at or before closing (on
final CD) resulting in a cleared exception. Seller Comment (2026-04-23): Comment from XXXX (XXXX): Final CD reflects $XXXX lender credit (p2 bottom) for undisclosed increased in 2nd Apprsl Fee. No additional cure needed. |
04/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000121465 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus XXXX% or $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Insufficient or no cure was provided to the borrower. | Reviewer Comment (2026-05-15): XXXX received Letter of
Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD. Seller Comment (2026-05-13): Comment from XXXX (XXXX): PCCD,LOE,UPS,Check attached Reviewer Comment (2026-05-07): XXXXreceived rebuttal, however COC dated XXXX does not provide any information about the survey fee change and also additional information on what was complex about the property is required. Please provide valid COC with sufficient information or cure is required. Cure documents consist of PCCD, LOE, proof of mailing & copy of refund check. Buyer Comment (2026-05-05): Comment from XXXX (XXXX): Due to the increased complexity for Appraisal, survey also increased for size and detail of the property as reflected on CIC 2.11. Upon review, please clear. Reviewer Comment (2026-05-04): XXXXreceived rebuttal comment and COC referred to dated XXXX does not have reason for increase in survey fee also, the fee was increased from $XXXX to $XXXX on CD dated XXXX the COC dated XXXX also does not have the reason for increase. Please provide information as to what changed circumstance occurred (as defined under 1026.19(e)(4)(A)-(F) that resulted in an increase in closing costs or cure would be required. Cure requirements include LOE, corrected CD, proof of mailing and copy of refund check. Seller Comment (2026-04-30): Comment from XXXX (XXXX): Re-Disclosed LE 3.17 included increase although not listed on CIC. Closing has confirmed file is still within 10% and tolerance did not indicate a cure. Upon review, please clear. Reviewer Comment (2026-04-24): XXXXreceived rebuttal comment. Sufficient cure was provided for Second Appraisal fee but the 10% fees are exceeded by $XXXX beyond 10% tolerance. Survey fee was falling under 10% tolerance and fee was increased from $XXXX to $XXXX but no COC was provided for the same. Please provide information as to what changed circumstance occurred (as defined under 1026.19(e)(4)(A)-(F) that resulted in an increase in closing costs or cure would be required. Cure requirements include LOE, corrected CD, proof of mailing and copy of refund check. Seller Comment (2026-04-23): Comment from XXXX (XXXX): Final CD (bottom p2) includes $XXXX lender credit for undisclosed increase in 2nd Apprsl Fee. No additional cure should be required. |
XXXXX | No | 2 | C | B | C | B | C | B | C | B | C | B | FL | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000123312 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | The verification appraisal delivered to the borrower was not provided. | Reviewer Comment (2026-04-22): Accepted as is. |
04/22/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000123312 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Review Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | No Cure Provided | Reviewer Comment (2026-05-05): XXXXreceived a valid COC. Seller Comment (2026-05-04): Comment from XXXX (XXXX): Please see attached. The subject property is a co-op Reviewer Comment (2026-04-28): XXXXreceived Post CD and LOX. However, the cure provided on Final CD is $XXXX which is insufficient to cure both the Appraisal review and HOA/Condo Questionnaire fee. Kindly provide additional cure of $XXXX in order to cure both the exceptions along with cure documents Post CD,LOX,Copy of refund check and proof of mailing. Seller Comment (2026-04-27): Comment from XXXX (XXXX): Cure was already provided as part of lender credit at closing. |
05/05/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000123312 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for HOA/Condo Questionnaire. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | No Cure Provided | Reviewer Comment (2026-05-05): Sufficient cure provided. Full
cure amount for tolerance violation was provided at or before closing (on
final CD) resulting in a cleared exception. Seller Comment (2026-05-04): Comment from XXXX (XXXX): Please see attached. The subject property is a co-op Reviewer Comment (2026-04-28): XXXXreceived Post CD and LOX. However, the cure provided on Final CD is $XXXX which is insufficient to cure both the Appraisal review and HOA/Condo Questionnaire fee. Kindly provide additional cure of $XXXX in order to cure both the exceptions along with cure documents Post CD,LOX,Copy of refund check and proof of mailing. Seller Comment (2026-04-27): Comment from XXXX (XXXX): Cure was already provided as part of lender credit at closing. |
05/05/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000123312 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for HOA/Condo Questionnaire. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-05-05): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | CA | Primary | Purchase | Final CD evidences Cure | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||||||||
| XXXXXX | 4000123987 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Multiple dwellings on one lot: subject is a 2-unit dwelling with 2 independent structures connected by a XXXX/XXXX. Appraisal states it is common for the area. Approved with XXXX DSCR, 20 months reserves, less than 60% LTV. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | SitusAMC | Reviewer Comment (2026-04-22): Client elected to waive/regrade
with compensating factors. Lender exception provided. |
04/22/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | N/A | No | ||||||||||||
| XXXXXX | 4000123600 | XXXXXX | XXXXXX | Credit | Guideline | Guideline Issue | Guideline | Short Term Rental property consistently used as a seasonal or vacation rental (i.e., xxxxxxx) and evidence of at least 12 months of Operating History is not present in the loan file. | The file includes 12 months of documented short-term rental income; however, the calculated total does not support the $XXXX monthly amount used by the lender. | Reviewer Comment (2026-04-23): Received, Clearing. Seller Comment (2026-04-23): Comment from XXXX (XXXX): Please see uploaded evidence of TTMs from XXXX and XXXX . Bookings add up to $XXXX and $XXXX, respectively (see Gross Earnings per Year and Gross Booking Amount columns, respectively). The combined monthly total equals $XXXX. |
04/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NC | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000120557 | XXXXXX | XXXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
Reviewer Comment (2026-04-23): Accepted as is. |
04/23/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | C | B | B | B | C | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000120557 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Tax Service Fee (Life Of Loan). Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Tax Service Fee (Life Of Loan) was last disclosed as $XXXX on LE but disclosed as $XXXX on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $XXXX, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made. | Reviewer Comment (2026-04-30): XXXXReceived Valid COC dated
XXXXXXX. Seller Comment (2026-04-28): Comment from XXXX (XXXX): uploaded LOE, LE, COC, and Rate Lock Agreement documents |
04/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | B | B | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000124955 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-04-27): Clearing based on review coming
back within tolerances. |
04/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000122647 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus XXXX% or $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus XXXX% or $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. (0) | Reviewer Comment (2026-05-13): Sufficient cure provided. Full
cure amount for tolerance violation was provided at or before closing (on
final CD) resulting in a cleared exception. Seller Comment (2026-05-12): Comment from XXXX (XXXX): uploaded pccd, loe, check, fedex |
05/13/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | D | A | D | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000122647 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided | Security Instrument of Subject Lien not Provided. | Reviewer Comment (2026-05-04): Security Instrument, cleared Seller Comment (2026-05-04): Comment from XXXX (XXXX): uploaded requested DOT |
05/04/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Purchase | D | A | D | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000122647 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus XXXX% or $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Sufficient cure provided at closing | Reviewer Comment (2026-05-13): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | CA | Primary | Purchase | Final CD evidences Cure | D | A | D | A | C | A | A | A | Non QM | Non QM | Yes | ||||||||||||||
| XXXXXX | 4000124229 | XXXXXX | XXXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Appraisal, Insurance Verification & Tax Verification is missing for departing residence. | Reviewer Comment (2026-05-07): Received Insurance, Taxes and HOA
Verification. Exception cleared. Seller Comment (2026-05-06): Comment from XXXX (XXXX): Property is a TIC and tax is included in HOA dues per HOA statement. HOI and HOA verified. Reviewer Comment (2026-05-06): Received property history for XXXX. Please provide Tax Verification for the property XXXX. Exception remains. Buyer Comment (2026-05-05): Comment from XXXX (XXXX): The loan was qualified using the full PITIA and no rental income for the departing residence. The appraisal is only required to verify 20% equity of the departing residence if the PITIA is being excluded. Reviewer Comment (2026-05-01): Appraisal is required as per Guideline. Exception Remains. Seller Comment (2026-05-01): Comment from XXXX (XXXX): The departing will be sold. Qualified w/full PITIA. Therefore, no appraisal is required. The departing residence was included in the Asset Qualifier & Residual Income calculator. Reviewer Comment (2026-04-28): Insurance and tax documents have been received and verified. Appraisal has not yet been provided. Exception remains. Seller Comment (2026-04-28): Comment from XXXX (XXXX): REO docs |
05/07/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OR | Primary | Purchase | D | A | D | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000124229 | XXXXXX | XXXXXX | Credit | Credit | Credit Documentation | Missing Document | Missing Document: Credit Report not provided | Credit Report is missing. | Reviewer Comment (2026-04-28): Received Credit Report. Exception
cleared. Seller Comment (2026-04-28): Comment from XXXX (XXXX): credit report |
04/28/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | OR | Primary | Purchase | D | A | D | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000124229 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Credit Report is missing. | Reviewer Comment (2026-05-07): Received, Clearing. Seller Comment (2026-05-06): Comment from XXXX (XXXX): credit report |
05/07/2026 | No | 1 | B | A | C | A | B | A | C | A | B | A | OR | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation | D | A | D | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000124229 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Credit Report is missing. | Reviewer Comment (2026-05-07): Received, Clearing. Seller Comment (2026-05-06): Comment from XXXX (XXXX): credit report |
05/07/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OR | Primary | Purchase | D | A | D | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000124229 | XXXXXX | XXXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Investor Qualifying Residual income discrepancy. | Reviewer Comment (2026-05-07): Received, Clearing. |
05/07/2026 | No | 1 | A | A | A | A | A | OR | Primary | Purchase | D | A | D | A | C | A | A | A | Non QM | Non QM | No | |||||||||||||||||
| XXXXXX | 4000124229 | XXXXXX | XXXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Investor Qualifying Residual income discrepancy. | Reviewer Comment (2026-05-07): Received, Clearing. |
05/07/2026 | No | 1 | A | A | A | A | A | OR | Primary | Purchase | D | A | D | A | C | A | A | A | Non QM | Non QM | No | |||||||||||||||||
| XXXXXX | 4000123505 | XXXXXX | XXXXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | There is no evidence of landlord insurance (hazard insurance plus liability) and thus casts doubt on the business purpose of the loan. | Reviewer Comment (2026-05-01): Updated policy provided.
Cleared. Seller Comment (2026-05-01): Comment from XXXX (XXXX): See attached |
05/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | IL | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000124624 | XXXXXX | XXXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Donor Check not provided | Reviewer Comment (2026-04-30): Received Donor Check for Gift
Fund $XXXX. Exception cleared. Seller Comment (2026-04-30): Comment from XXXX (XXXX): There are four gifts, $XXXX and $XXXX has gift cancel check in the file, and gift letter $XXXX from two accts, one is $XXXX from donor XXXX, transaction page attached, gift $XXXX from Donor's CD acct XXXX, XXXX statement attached, please review and advise |
04/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXXX | 4000124805 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Reviewer Comment (2026-04-23): Accepted as is. |
04/23/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Second Home | Refinance - Rate/Term | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000124805 | XXXXXX | XXXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Hazard Insurance Coverage Amount is insufficient. | Reviewer Comment (2026-05-04): Received updated Hazard Insurance
Policy with sufficient coverage. Exception cleared. Seller Comment (2026-05-04): Comment from XXXX (XXXX): Hello, Please see attached |
05/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Second Home | Refinance - Rate/Term | C | B | C | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000121472 | XXXXXX | XXXXXX | Credit | Insurance | Insurance Analysis | Insurance | The Flood Insurance Policy effective date is after the Note Date. | Flood Insurance Policy Effective Date ___, Note Date ___ | Reviewer Comment (2026-04-27): Please provide Flood Insurance
Policy with effective date on or before XXXX,
Exception remains. Seller Comment (2026-04-27): Comment from XXXX (XXXX): The final CD reflect XXXX as the closing/disbursement date. Uploaded to portal. |
04/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | B | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000121472 | XXXXXX | XXXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
Reviewer Comment (2026-04-24): Accepted as is. |
04/24/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | C | B | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000121472 | XXXXXX | XXXXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of $XXXX is less than Cash From Borrower $XXXX. | Reviewer Comment (2026-04-28): Using the gift, the borrower has
sufficient funds to close and reserves Reviewer Comment (2026-04-28): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Documented qualifying Assets for Closing of $XXXX is less than Cash From Borrower $XXXX. Reviewer Comment (2026-04-28): Provide fully executed gift letter in the amount of $XXXX Exception remains. Seller Comment (2026-04-28): Comment from XXXX (XXXX): Non Del. Non QM loan. Final CD require $XXXX to close. Documented available funds to close of $XXXX uploaded to portal. Borrower own funds for reserves $XXXX: Chase #XXXX $XXXX: Chase #XXXX $XXXX: EMD cleared #XXXX $XXXX: Reserves/XXXX months Gift funds: $XXXX: gift funds |
04/28/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | B | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000121472 | XXXXXX | XXXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of XXXX is less than Guideline PITIA months reserves of 15 months reserves. | Reviewer Comment (2026-04-28): Using the gift, the borrower has
sufficient funds to close and reserves Reviewer Comment (2026-04-28): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Calculated PITIA months reserves of XXXX is less than Guideline PITIA months reserves of XXXX. Reviewer Comment (2026-04-28): Provide fully executed gift letter in the amount of $XXXX Exception remains. Seller Comment (2026-04-28): Comment from XXXX (XXXX): Non Del. Non QM loan. Final CD require $XXXX to close. Documented available funds to close of $XXXX uploaded to portal. Borrower own funds for reserves $XXXX: Chase #XXXX $XXXX: Chase #XXXX $XXXX: EMD cleared #XXXX $XXXX: Reserves/XXXX months Gift funds: $XXXX: gift funds |
04/28/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | B | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000121472 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided. | Reviewer Comment (2026-04-24): Accepted as is. |
04/24/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | C | B | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000121472 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan is waterfall due to short funds to close and reserves. | Reviewer Comment (2026-04-28): Using the gift, the borrower has
sufficient funds to close and reserves Seller Comment (2026-04-28): Comment from XXXX (XXXX): Non QM loan. Final CD require $XXXX to close. Documented available funds to close of $XXXX uploaded to portal. Borrower own funds for reserves $XXXX: Chase #XXXX $XXXX: Chase #XXXX $XXXX: EMD cleared #XXXX $XXXX: Reserves/XXXX months Gift funds: $XXXX: gift funds |
04/28/2026 | No | 1 | B | A | C | A | B | A | C | A | B | A | CA | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation | C | B | C | B | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000121472 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Loan is waterfall due to short funds to close and reserves. | Reviewer Comment (2026-04-28): Using the gift, the borrower has
sufficient funds to close and reserves Seller Comment (2026-04-28): Comment from XXXX (XXXX): Non QM loan. Final CD require $XXXX to close. Documented available funds to close of $XXXX uploaded to portal. Borrower own funds for reserves $XXXX: Chase #XXXX $XXXX: Chase #XXXX $XXXX: EMD cleared #XXXX $XXXX: Reserves/XXXX months Gift funds: $XXXX: gift funds |
04/28/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | B | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000125122 | XXXXXX | XXXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Title Policy Amount of $XXXX is less than the note amount of $XXXX based on the Commitment in file. | Reviewer Comment (2026-04-23): Accepted as is. |
04/23/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | OH | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | N/A | No | |||||||||||||
| XXXXXX | 4000126945 | XXXXXX | XXXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | Reviewer Comment (2026-04-30): CDA, cleared Seller Comment (2026-04-30): Comment from XXXX (XXXX): Appraisal CDA report attached |
04/30/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | NY | Investment | Refinance - Cash-out - Other | D | A | A | A | D | A | N/A | No | |||||||||||||||
| XXXXXX | 4000124799 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of Appraisal is missing. | Reviewer Comment (2026-04-24): Accepted as is. |
04/24/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000125506 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of appraisal is missing. | Reviewer Comment (2026-04-27): Accepted as is. |
04/27/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | VA | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000125506 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-04-30): Clearing based on review coming
back within tolerances. |
04/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | VA | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXXX | 4000120834 | XXXXXX | XXXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - ___ | Insurance Verification document missing for XXXX | Reviewer Comment (2026-05-04): Received borrower LOX that
property does not have HO6. Unit is insured through master condo policy Seller Comment (2026-05-04): Comment from XXXX (XXXX): LOX no HO6 required Reviewer Comment (2026-04-27): The documentation provided does not list the address the policy is covering. Provide insurance policy reflecting the address. Seller Comment (2026-04-27): Comment from XXXX (XXXX): Insurance Verification |
05/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | DC | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000124271 | XXXXXX | XXXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Donor Check not provided | Source of Funds/Deposit is missing for Gift Funds $XXXX. | Reviewer Comment (2026-04-27): Received Wire confirmation.
Exception cleared. Seller Comment (2026-04-27): Comment from XXXX (XXXX): Wire |
04/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OH | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000125613 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-04-30): Clearing based on review coming
back within tolerances. |
04/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | KY | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000125613 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Rider - Prepayment not provided | The file was missing a copy of Rider - Prepayment. | Reviewer Comment (2026-06-02): Received Rider - Prepayment.
Exception cleared. Seller Comment (2026-06-02): Comment from XXXX (XXXX): please see attached doc XXXX |
06/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | KY | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000124971 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-04-30): Clearing based on review coming
back within tolerances. |
04/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000124760 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Guidelines state properties less than 600 square feet are ineligible. The subject property is a single-family residence with a GLA of 543 square feet. Comparable #4 has a GLA of 482 square feet documenting market acceptance. The remaining comparables range from 664-866 square feet. Properties less than 600 square feet as per guidelines. | Borrower's monthly reserves have been verified and exceed the
amount required based on the guidelines by at least 4 months. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-04-27): Lender exception approved |
04/27/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | ID | Investment | Purchase | B | B | B | B | A | A | N/A | No | ||||||||||||
| XXXXXX | 4000124034 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-04-30): Clearing based on review coming
back within tolerances. |
04/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXXX | 4000124034 | XXXXXX | XXXXXX | Compliance | Compliance | State Compliance | Misc. State Level | Maryland Counseling Agencies Disclosure Not in File | Maryland HB1399 - No evidence of required counseling disclosure language per Maryland HB 1399. | Reviewer Comment (2026-04-28): Accepted as is. |
04/28/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | MD | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000122756 | XXXXXX | XXXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Verification of Non-US Citizen Status not provided | Reviewer Comment (2026-04-30): Received Employment
authorization. Exception cleared. Seller Comment (2026-04-30): Comment from XXXX (XXXX / XXXX): EAD front and back attached. |
04/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXXX | 4000122756 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Verification Of Employment Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Sufficient or excess cure was provided to the borrower. | Reviewer Comment (2026-04-28): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | A | A | A | A | A | FL | Primary | Purchase | Final CD evidences Cure | C | A | C | A | A | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000125311 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-04-30): Clearing based on review coming
back within tolerances. |
04/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NC | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000123726 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-05-01): Cleared based on review coming
back within tolerances |
05/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXXX | 2000000517 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-04-28): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Investment | Refinance - Rate/Term | Final CD evidences Cure | B | B | A | A | B | B | A | A | N/A | N/A | Yes | ||||||||||
| XXXXXX | 2000000517 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Reviewer Comment (2026-04-28): Accepted as is. |
04/28/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Refinance - Rate/Term | B | B | A | A | B | B | A | A | N/A | N/A | No | |||||||||||
| XXXXXX | 4000121835 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-05-01): Cleared based on review coming
back within tolerances |
05/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000121835 | XXXXXX | XXXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
Reviewer Comment (2026-04-29): Accepted as is. |
04/29/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000124816 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-04-30): Clearing based on review coming
back within tolerances. |
04/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000124816 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Borrower has not been on title for 6 months. Borrower was added to title jointly with her brother in XXXX. Brother is a non-borrower, but they own this property jointly and manage it, and per sales, jointly purchased for cash on XXXX. Lease agreement in the file shows our borrower as landlord as soon as the file closed and a tenant was found. Borrowers are seeking cash-out proceeds to recoup some of their initial investment but do not want to document as delayed financing. Seeking exception to close on XXXX with our borrower on title since XXXX, but ownership within the family since XXXX. Exception Approved. Comp Factors: DSCR >1.0, XXXX FICO. Loan will be subject to final review with no additional exceptions. | Borrower's monthly reserves have been verified and exceed the
amount required based on the guidelines by at least 4 months. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-04-28): Lender exception approved |
04/28/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||
| XXXXXX | 4000122570 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | Self-Employed Tax Return Recency - ATR | Ability to Repay (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date XXXX, Most Recent Tax Return End Date XXXX, Tax Return Due Date XXXX. | The business or personal tax returns provided are not the most recent. Application Date XXXX, Most Recent Tax Return End Date XXXX, which was most recent at time of application. (XXXX/S-Corp). Tax Returns for 2025 were not due until XXXX. | Reviewer Comment (2026-04-29): Accepted as is. |
04/29/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Second Home | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000122570 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | Self-Employed Tax Return Recency - ATR | Ability to Repay (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date XXXX, Most Recent Tax Return End Date XXXX, Tax Return Due Date XXXX. | The business or personal tax returns provided are not the most recent. Application Date XXXX, Most Recent Tax Return End Date XXXX, which was most recent at time of application. (XXXX/Partnership). Tax Returns for 2025 were not due until XXXX. | Reviewer Comment (2026-04-29): Accepted as is. |
04/29/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Second Home | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000122570 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | Self-Employed Tax Return Recency - ATR | Ability to Repay (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date XXXX, Most Recent Tax Return End Date XXXX, Tax Return Due Date XXXX. | The business or personal tax returns provided are not the most recent. Application Date XXXX, Most Recent Tax Return End Date XXXX, which were the most recent at time of application. (XXXX/Partnership). Tax Returns for 2025 were not due until XXXX. | Reviewer Comment (2026-04-29): Accepted as is. |
04/29/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Second Home | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000122570 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | Self-Employed Tax Return Recency - ATR | Ability to Repay (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date XXXX, Most Recent Tax Return End Date XXXX, Tax Return Due Date XXXX. | The business or personal tax returns provided are not the most recent. Application Date XXXX, Most Recent Tax Return End Date XXXX, which were the most recent at time of application. (XXXX/Partnership). Tax Returns for 2025 were not due until XXXX. | Reviewer Comment (2026-04-29): Accepted as is. |
04/29/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Second Home | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000122570 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | Self-Employed Tax Return Recency - ATR | Ability to Repay (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date XXXX, Most Recent Tax Return End Date XXXX, Tax Return Due Date XXXX. | The business or personal tax returns provided are not the most recent. Application Date XXXX, Most Recent Tax Return End Date XXXX, which were the most recent at time of application. (XXXX/S-Corp). Tax Returns for 2025 were not due until XXXX. | Reviewer Comment (2026-04-29): Accepted as is. |
04/29/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Second Home | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000122570 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | Self-Employed Tax Return Recency - ATR | Ability to Repay (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date XXXX, Most Recent Tax Return End Date XXXX, Tax Return Due Date XXXX. | The business or personal tax returns provided are not the most recent. Application Date XXXX, Most Recent Tax Return End Date XXXX, which were the most recent at time of application. (XXXX/S-Corp). Tax Returns for 2025 were not due until XXXX. | Reviewer Comment (2026-04-29): Accepted as is. |
04/29/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Second Home | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000127423 | XXXXXX | XXXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | Secondary valuation is required for securitization purpose. | Reviewer Comment (2026-05-01): Received CDA. Exception
cleared. Seller Comment (2026-05-01): Comment from XXXX (XXXX): Secondary valuation |
05/01/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | NY | Investment | Refinance - Rate/Term | D | A | A | A | D | A | N/A | No | ||||||||||||||
| XXXXXX | 4000124544 | XXXXXX | XXXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
The Preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2026-04-29): Accepted as is. |
04/29/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | A | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000122583 | XXXXXX | XXXXXX | Credit | Guideline | Guideline Issue | Guideline | Short Term Rental property consistently used as a seasonal or vacation rental (i.e., xxxxxxx) and evidence of at least 12 months of Operating History is not present in the loan file. | Missing operating history for months XXXX and XXXX | Reviewer Comment (2026-04-30): Received, Clearing. Buyer Comment (2026-04-29): Comment from XXXX (XXXX): There are 12 months fromXXXX to XXXX. If any other months within that period are missing, please let us know, but XXXX falls outside the trailing 12-month window and is not required. Reviewer Comment (2026-04-29): Reviewed documentation verified 11 months of rental, please provide the XXXX XXXX rental history Seller Comment (2026-04-29): Comment from XXXX (XXXX): Please see uploaded operating history for XXXX. The loan closed XXXX, meaning that trailing twelve months would cover XXXX - XXXX. Operating history for XXXX is not required. |
04/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | DE | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000124638 | XXXXXX | XXXXXX | Credit | Disclosure | Missing Document | Disclosure | E-sign Consent Agreement is missing. | - | Reviewer Comment (2026-04-30): Received E-Sign Consent
Agreement. Exception cleared. Seller Comment (2026-04-30): Comment from XXXX (XXXX): E-Consent |
04/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000124638 | XXXXXX | XXXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
Reviewer Comment (2026-04-29): Accepted as is. |
04/29/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000126173 | XXXXXX | XXXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | A valid UCDP Score was not provided. Secondary Valuation required. | Reviewer Comment (2026-04-29): Received UCDP Submission Summary
report with CU score less than 2.5. Hence, Secondary Valuation is not
required. Exception cleared. Seller Comment (2026-04-29): Comment from XXXX (XXXX.): ssr Uploaded |
04/29/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | TX | Investment | Refinance - Rate/Term | D | A | A | A | A | A | D | A | Non QM | N/A | No | |||||||||||
| XXXXXX | 4000125270 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided | The security instrument was not signed. | Reviewer Comment (2026-04-30): Received, Clearing. Seller Comment (2026-04-30): Comment from XXXX (XXXX): See attached signed mortgage. |
04/30/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | PA | Investment | Refinance - Rate/Term | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000125270 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Rider - 1-4 Family not provided | The 1-4 family rider was not signed. | Reviewer Comment (2026-04-30): Received, Clearing. Seller Comment (2026-04-30): Comment from XXXX (XXXX): Please see attached signed Rider. |
04/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | PA | Investment | Refinance - Rate/Term | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000126132 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-05-04): Cleared based on review coming
back within tolerances |
05/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MO | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000127377 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Reviewer Comment (2026-04-29): Accepted as is. |
04/29/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Purchase | A | A | A | A | A | A | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXXX | 4000127377 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus XXXX% or $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-04-29): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Purchase | Final CD evidences Cure | A | A | A | A | A | A | A | A | Non QM | Exempt from ATR | Yes | ||||||||||
| XXXXXX | 4000124704 | XXXXXX | XXXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | The Title Policy Amount of $XXXX is less than the note amount of $XXXX based on the Commitment in file. | Reviewer Comment (2026-04-29): Accepted as is. |
04/29/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | WA | Investment | Purchase | B | B | B | B | A | A | N/A | No | |||||||||||||
| XXXXXX | 4000124167 | XXXXXX | XXXXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of ___ does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) ___. | Borrower's monthly reserves have been verified and exceed the
amount required based on the guidelines by at least 4 months. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-04-29): Client elected to waive/regrade
with compensating factors. Lender exception provided. |
04/29/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Purchase | B | B | B | B | A | A | N/A | No | ||||||||||||
| XXXXXX | 4000127496 | XXXXXX | XXXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Verification of Non-US Citizen Status not provided | Reviewer Comment (2026-05-06): Received updated 1003 confirming
borrower is US citizen. Exception cleared. Seller Comment (2026-05-06): Comment from XXXX (XXXX): Updated signed 1003s Reviewer Comment (2026-05-04): Require updated Final 1003 with borrower signature. Exception remains. Seller Comment (2026-05-04): Comment from XXXX (XXXX): Citizenship LOX, ID's |
05/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | B | A | A | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXXX | 4000127496 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | 1003 Error: Citizenship Source Documentation was not provided | - | Non-PRA Verification Documents are missing. | Reviewer Comment (2026-04-29): Accepted as is. |
04/29/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | C | B | A | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000124396 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-05-04): Cleared based on review coming
back within tolerances |
05/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000125449 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-05-01): Cleared based on review coming
back within tolerances |
05/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000125557 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Reviewer Comment (2026-04-30): Accepted as is. |
04/30/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000127391 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-05-05): Clearing based on review coming
back within tolerances. |
05/05/2026 | No | 1 | A | A | A | A | A | MD | Investment | Purchase | A | A | A | A | A | A | N/A | No | ||||||||||||||||||||
| XXXXXX | 4000123334 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Rent Free Letter is missing. The final 1003 reflects the borrower lives rent-free, however the letter is missing | Reviewer Comment (2026-05-08): LOX provided. Cleared. Seller Comment (2026-05-08): Comment from XXXX (XXXX): LOE current residence Reviewer Comment (2026-05-05): Reviewed documentation provided. Guidelines require a rent free letter when the borrower does not have a primary residence obligation. Seller Comment (2026-05-05): Comment from XXXX (XXXX): 12 months payment history for current resident in spouses name only XXXX. County parcel report reflects spouse name only XXXX. Reviewer Comment (2026-05-05): Still missing the rent free letter to clear the exception Seller Comment (2026-05-05): Comment from XXXX (XXXX): VOM in file is for an investment property - not the primary residence. |
05/08/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | UT | Investment | Refinance - Rate/Term | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000123334 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-05-05): Clearing based on review coming
back within tolerances. |
05/05/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | UT | Investment | Refinance - Rate/Term | D | A | D | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000126946 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-05-05): Clearing based on review coming
back within tolerances. |
05/05/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | SC | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000126662 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-05-05): Clearing based on review coming
back within tolerances. |
05/05/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | UT | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000126662 | XXXXXX | XXXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | The file did not contain an estimated cost to replace from insurer. Calculations are based on XXXX% of the insurable value of the improvements (from appraiser cost provided or if no appraiser cost, the purchase price) using agency calculation methods. Coverage is insufficient by $XXXX | Reviewer Comment (2026-05-04): Received Replacement Cost
Estimator. Exception cleared. Seller Comment (2026-05-04): Comment from XXXX (XXXX): RCE Worksheet |
05/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | UT | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000126662 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Vacant properties not eligible for refinance with the exception of properties currently vacant due to the subject property having undergone recent renovation or rehab, with the intention of being rented out soon. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | SitusAMC | Reviewer Comment (2026-05-14): Client exception received. Seller Comment (2026-05-14): Comment from XXXX (XXXX): XXXX Exception Approval |
05/14/2026 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | UT | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | ||||||||||||
| XXXXXX | 4000125967 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided | Corporate Resolution in file is not signed. | Reviewer Comment (2026-05-08): Received Corporate Resolution.
Exception cleared. Seller Comment (2026-05-08): Comment from XXXX (XXXX): See attached signed mortgage. |
05/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000125967 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Bylaws not provided | Corporate Bylaws in file is not signed. | Reviewer Comment (2026-05-08): Received Bylaws. Exception
cleared. Seller Comment (2026-05-08): Comment from XXXX (XXXX): See attached signed mortgage. |
05/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000122287 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Co-Member XXXX signed note and Security Instrument. 1003, Credit Report, Guarantor Agreement, and Fraud Report were not provided. | Reviewer Comment (2026-06-17): Received, Clearing. Reviewer Comment (2026-05-28): Please provide the co-member's 1003, credit report and fraud report to clear Seller Comment (2026-05-28): Comment from XXXX (XXXX): The LLC operating agreement requires both members to encumber; both members are required to sign the Note and DOT on behalf of the LLC. |
06/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OR | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000123500 | XXXXXX | XXXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
The Preliminary title policy is within XXXX does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2026-05-01): Accepted as is. |
05/01/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Cash-out - Other | C | B | B | B | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000123500 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Reviewer Comment (2026-05-01): Accepted as is. |
05/01/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Cash-out - Other | C | B | B | B | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000123500 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus XXXX% or $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Insufficient or no cure was provided to the borrower. | Reviewer Comment (2026-05-12): XXXXreceived Corrected PCCD,
Letter of Explanation, Proof of Delivery and Copy of Refund Check resulting
in a cured the exception. Seller Comment (2026-05-11): Comment from XXXX(XXXX): Please see appraisal fee tolerance cure. Reviewer Comment (2026-05-05): XXXX: Cure provided at closing is insufficient to cure for all the citing 0% and 10% exception. We will clear the exception once we received resolution on the appraisal fee exception citing. Exception remains. Buyer Comment (2026-05-04): Comment from XXXX (XXXX): there was already a tolerance cure done on the final CD for $XXXX which includes the $XXXX for credit report and $XXXX for 10% fees tolerance cure----condition is not valid and should be waived and no suspense fees incurred |
XXXXX | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | B | B | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000123500 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Insufficient or no cure was provided to the borrower. | Reviewer Comment (2026-05-12): XXXXreceived Corrected PCCD,
Letter of Explanation, Proof of Delivery and Copy of Refund Check resulting
in a cured the exception. Seller Comment (2026-05-11): Comment from XXXX (XXXX): Please see attached PCCD cure docs for appraisal fee. |
XXXXX | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | B | B | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000123500 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Insufficient or no cure was provided to the borrower. | Reviewer Comment (2026-05-12): XXXXreceived Corrected PCCD,
Letter of Explanation, Proof of Delivery and Copy of Refund Check resulting
in a cured the exception. Buyer Comment (2026-05-11): Comment from XXXX (XXXX): PCCD cure docs were uploaded to other condition. Thank you! Reviewer Comment (2026-05-05): XXXX: Cure provided at closing is insufficient to cure for all the citing 0% and 10% exception. We will clear the exception once we received resolution on the appraisal fee exception citing. Exception remains. Buyer Comment (2026-05-04): Comment from XXXX (XXXX): there was already a tolerance cure done on the final CD for $XXXX which includes the $XXXX for credit report and $XXXX for 10% fees tolerance cure----condition is not valid and should be waived and no suspense fees incurred |
XXXXX | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | B | B | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000125508 | XXXXXX | XXXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
The Preliminary Title Report in file did not disclose the amount of title insurance coverage. Provide a copy of the Final Title Policy or an addendum to the Preliminary Report verifying title insurance of at least the loan amount. | Reviewer Comment (2026-05-01): Accepted as is. |
05/01/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Cash-out - Other | B | B | B | B | A | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000125508 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-05-06): Clearing based on review coming
back within tolerances. |
05/06/2026 | No | 1 | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | B | B | B | B | A | A | A | A | Non QM | Non QM | No | |||||||||||||||||
| XXXXXX | 4000127736 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-05-06): Clearing based on review coming
back within tolerances. |
05/06/2026 | No | 1 | A | A | A | A | A | KY | Investment | Refinance - Cash-out - Other | A | A | A | A | A | A | N/A | No | ||||||||||||||||||||
| XXXXXX | 4000125650 | XXXXXX | XXXXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Asset not provided | POCB paid invoice is missing for Appraisal Fee $XXXX. | Reviewer Comment (2026-05-04): POCB received. Cleared Seller Comment (2026-05-04): Comment from XXXX XXX (XXX XXXXX XXXXX.): invoice |
05/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000125650 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Reviewer Comment (2026-05-04): Cleared POCB received |
05/04/2026 | No | 1 | B | A | C | A | B | A | C | A | B | A | CA | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation | C | A | C | A | C | A | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXXX | 4000125650 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | General Ability to Repay Provision: Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Loan is waterfall due to missing POCB Paid invoice. | Reviewer Comment (2026-05-04): Cleared POCB received |
05/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000126055 | XXXXXX | XXXXXX | Compliance | Note | General | Missing, Incorrect, or Incomplete Note | Prepayment Penalty Discrepancy | Final TIL / CD indicates loan has PPP, however file does not contain prepayment penalty addendum. Missing prepay data may result in invalid high cost, FNMA, and/or QM points and fees findings. | Reviewer Comment (2026-05-01): Accepted as is |
05/01/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | NC | Investment | Purchase | D | B | D | A | B | B | A | A | N/A | N/A | No | |||||||||||
| XXXXXX | 4000126055 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Certificate of Good Standing for XXXX is missing. | Reviewer Comment (2026-05-06): Received Certificate of Good
Standing for XXXX. Exception cleared. Seller Comment (2026-05-06): Comment from XXXX (XXXX): XXXX Entity Docs |
05/06/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | NC | Investment | Purchase | D | B | D | A | B | B | A | A | N/A | N/A | No | |||||||||||
| XXXXXX | 4000126055 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Articles of Organization missing for XXXX. | Reviewer Comment (2026-05-06): Received Articles of Organization
for XXXX. Exception cleared. Seller Comment (2026-05-06): Comment from XXXX (XXXX): XXXX Entity Docs |
05/06/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | NC | Investment | Purchase | D | B | D | A | B | B | A | A | N/A | N/A | No | |||||||||||
| XXXXXX | 4000126055 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Operating agreement is missing for XXXX. | Reviewer Comment (2026-05-06): Received Operating Agreement for
XXXX. Exception cleared. Seller Comment (2026-05-06): Comment from XXXX (XXXX): XXXX Entity Docs |
05/06/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | NC | Investment | Purchase | D | B | D | A | B | B | A | A | N/A | N/A | No | |||||||||||
| XXXXXX | 4000126055 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | EIN is missing for XXXX. | Reviewer Comment (2026-05-06): Received Employer Identification
Number for XXXX. Exception cleared. Seller Comment (2026-05-06): Comment from XXXX (XXXX): XXXX Entity Docs |
05/06/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | NC | Investment | Purchase | D | B | D | A | B | B | A | A | N/A | N/A | No | |||||||||||
| XXXXXX | 4000124972 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Receipt of Appraisal is missing. | Reviewer Comment (2026-05-01): Accepted as is per client. |
05/01/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000124453 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to the applicant three (3) business days prior to consummation. | Reviewer Comment (2026-05-04): Client elects to waive |
05/04/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000124453 | XXXXXX | XXXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
The preliminary title policy is within CA and does not reflect a coverage amount (no final title policy in file). | Reviewer Comment (2026-05-04): Client elects to waive |
05/04/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000127285 | XXXXXX | XXXXXX | Credit | Investment Product | General | Investment Product | REO property does not have a lease in place and required by guidelines. | - | Lease Agreement is missing. | Reviewer Comment (2026-05-05): Received Lease Agreement.
Exception cleared. Seller Comment (2026-05-04): Comment from XXXX (XXXX): Please see attached lease xxxxxx. |
05/05/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||
| XXXXXX | 4000127285 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-05-07): Clearing based on review coming
back within tolerances. |
05/07/2026 | No | 1 | A | A | A | A | A | NY | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||||||||
| XXXXXX | 4000121953 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-05-04): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | A | A | A | A | A | IL | Primary | Purchase | Final CD evidences Cure | A | A | A | A | A | A | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXXX | 4000123349 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-05-04): Client elects to waive |
05/04/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000125950 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of Appraisal is missing. | Reviewer Comment (2026-05-04): Client elects to waive |
05/04/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | VA | Primary | Refinance - Rate/Term | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000124461 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-05-04): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Purchase | Final CD evidences Cure | B | B | B | B | A | A | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXXX | 4000124461 | XXXXXX | XXXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
Reviewer Comment (2026-05-04): Client elects to waive |
05/04/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000124461 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception approved the borrower no having 2 months cancelled checks for rental income from the lease agreement. Comp factors: FICO XXXX, 63 months reserves. | Borrower has been employed in the same industry for more than 5
years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-05-04): Client elects to waive/regrade
with compensating factors. |
05/04/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | A | A | A | A | Non QM | Non QM | No | |||||||||
| XXXXXX | 4000125373 | XXXXXX | XXXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided | Evidence of Access to Funds is Missing. | Reviewer Comment (2026-05-12): Business account not used in
qualifying |
05/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000126521 | XXXXXX | XXXXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | Verification of mortgage was not in the loan file. | Reviewer Comment (2026-05-04): Pay history provided. Cleared. Seller Comment (2026-05-04): Comment from XXXX (XXXX): payment history |
05/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000126521 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Provide statements for the new debt obtained XXXX and XXXX Revolving account. | Reviewer Comment (2026-05-06): Received, Clearing. Seller Comment (2026-05-05): Comment from XXXX (XXXX): statement |
05/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000126521 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Guidelines require the borrower must have ownership interest vested on title at the time of application date. The borrower's business entity had ownership at the time of application. | Reviewer Comment (2026-05-06): Not applicable as borrower is
owner of the business entity |
05/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000124421 | XXXXXX | XXXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Hazard Insurance coverage is short by $XXXX. | Reviewer Comment (2026-05-06): Received, Clearing. Seller Comment (2026-05-06): Comment from XXXX (XXXX): Please see uploaded correct RCE. |
05/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | GA | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000124755 | XXXXXX | XXXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Hazard Insurance Coverage Amount is insufficient. | Reviewer Comment (2026-05-07): Dwelling coverage includes
replacement cost Seller Comment (2026-05-07): Comment from XXXX (XXXX): XXXX SA: Please see the attached again where does not show that the replacement cost is needed. Also the new guidelines from XXXX lender letter shows if the policy has the verbiage of replacement cost included nothing else is needed. Reviewer Comment (2026-05-05): There is coverage shortfall of $XXXX. Required replacement cost estimator to clear the exception. Exception remains. Seller Comment (2026-05-05): Comment from XXXXX (XXXX): XXXX SA: Please see the attached insurance policy showing that the policy includes replacement cost and based on the guidelines replacement cost is not needed. |
05/07/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000125073 | XXXXXX | XXXXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - | Please provide P&L Statement document. | Reviewer Comment (2026-05-04): Received P&L Statement.
Exception cleared. Seller Comment (2026-05-04): Comment from XXXX (XXXX): P&L |
05/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | C | B | C | B | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000125073 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Insurance | Missing Document: Flood Certificate not provided | Flood Certificate not provided. | Reviewer Comment (2026-05-04): Received Flood Certificate.
Exception cleared. Seller Comment (2026-05-04): Comment from XXXX (XXXX): flood |
05/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | C | B | C | B | C | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000125073 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Reviewer Comment (2026-05-04): Received P&L Statement.
Exception cleared. |
05/04/2026 | No | 1 | B | A | C | A | B | A | C | A | B | A | CA | Primary | Refinance - Rate/Term | Lender to provide updated ATR/QM Loan Designation | C | B | C | B | C | A | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXXX | 4000125073 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | General Ability to Repay Provision: Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | P&L not provided. | Reviewer Comment (2026-05-04): Received P&L Statement.
Exception cleared. |
05/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | C | B | C | B | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000125073 | XXXXXX | XXXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
Reviewer Comment (2026-05-04): Client elects to waive |
05/04/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | C | B | C | B | C | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000118864 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Sufficient cure provided. | Reviewer Comment (2026-05-05): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | A | A | A | A | A | WA | Primary | Refinance - Cash-out - Other | Final CD evidences Cure | A | A | A | A | A | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000124395 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-05-07): Clearing based on review coming
back within tolerances. |
05/07/2026 | No | 1 | A | A | A | A | A | NJ | Investment | Purchase | A | A | A | A | A | A | N/A | No | ||||||||||||||||||||
| XXXXXX | 4000124810 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | No cure was provided to the borrower. | Reviewer Comment (2026-05-08): Sufficient cure provided. Full
cure amount for tolerance violation was provided at or before closing (on
final CD) resulting in a cleared exception. Buyer Comment (2026-05-07): Comment from XXXX (XXXX): Please waive as cure was already provided on Final CD for XXXX. XXXX due to appraisal and XXXX due to credit report. |
05/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | C | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000124810 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Review Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | No cure was provided to the borrower. | Reviewer Comment (2026-05-08): XXXXreceived a valid COC. Seller Comment (2026-05-07): Comment from XXXX (XXXX): Please see attached change in circumstance dated XXXX. CDA was added due to CU score on UCPD dated XXXX coming back outside of tolerance. |
05/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | C | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000124810 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | No cure was provided to the borrower. | Reviewer Comment (2026-05-08): Sufficient cure provided. Full
cure amount for tolerance violation was provided at or before closing (on
final CD) resulting in a cleared exception. Buyer Comment (2026-05-07): Comment from XXXX (XXXX): Please waive as cure was already provided on Final CD for XXXX. XXXX due to appraisal and XXXX due to credit report. |
05/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | C | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000124810 | XXXXXX | XXXXXX | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy Effective Date is after closing. | Hazard Insurance Policy Effective Date XXXX. Note date is XXXX. Wet State. | Reviewer Comment (2026-05-14): Received Updated Hazard Insurance
Policy Effective Date is same as the closing date. Exception cleared. Seller Comment (2026-05-14): Comment from XXXX (XXXX): Please see attached revised HOI with date as XXXX. |
05/14/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Second Home | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000124810 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-05-08): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | TX | Second Home | Purchase | Final CD evidences Cure | C | A | C | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||||||||
| XXXXXX | 4000124810 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-05-08): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | TX | Second Home | Purchase | Final CD evidences Cure | C | A | C | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||||||||
| XXXXXX | 4000122856 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver Test | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. | Evidence of earlier borrower receipt was not found in file | Reviewer Comment (2026-06-09): XXXXreceived initial CD dated
XXXXXXX Seller Comment (2026-06-08): Comment from XXXX (XXXX): uploaded icd and loe Reviewer Comment (2026-05-14): XXXXreceived XXXX CD without receipt. Please provide documentation of receipt if available. The mailbox rule is applied therefore receipt date is XXXX. Consummation date is XXXX. XXXX is day 1, XXXX is day 2. Please provide documentation if the CD was received XXXX (day 3) or earlier for review. Seller Comment (2026-05-13): Comment from XXXX (XXXX): uploaded PCCD, LOE, check, and FedEx tracking |
06/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NC | Primary | Refinance - Cash-out - Other | No Defined Cure | C | B | A | A | C | B | A | A | Non QM | Non QM | No | |||||||||
| XXXXXX | 4000122856 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Bank Statement Review. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Bank Statement Review Fee was last disclosed as $XXXX on LE but disclosed as $XXXX on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $XXXX, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made. | Reviewer Comment (2026-05-05): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | A | A | A | A | A | NC | Primary | Refinance - Cash-out - Other | Final CD evidences Cure | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000122856 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Finance Charge Test | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of $XXXX is under disclosed by $XXXX compared to the calculated Finance Charge of $XXXX which exceeds the $XXXX threshold. Disclosed Amount Financed on page 5 is also blank or inaccurate. Fee amounts included in Finance Charge and Amount Financed calculations are based on Closing Disclosure dated XXXX). | Finance Charge disclosed is $XXXX. Calculated finance charge is $XXXX. Variance of $XXXX. Based on review of Lender's compliance report, Bank Statement Review Fee was not included in finance charge calculation. TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission if Applicable | Reviewer Comment (2026-06-24): XXXXreceived Letter of
Explanation, Proof of Delivery, Refund check for underdisclosed amount,
Corrected CD, and Re-open Rescission. Seller Comment (2026-06-23): Comment from XXXX (XXXX): uploaded docs Reviewer Comment (2026-05-14): XXXXreceived Corrected CD, LOE to borrower, copy of cure refund for total underdisclosure and proof of mailing. As this is a Material Disclosure violation on a rescindable transaction, the reopening of rescission is also required. Please provide proof rescission reopened to all consumers. Seller Comment (2026-05-13): Comment from XXXX (XXXX): uploaded PCCD, LOE, check, and FedEx tracking |
XXXXX | No | 2 | C | B | C | B | C | B | C | B | C | B | NC | Primary | Refinance - Cash-out - Other | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000124719 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-05-07): Clearing based on review coming
back within tolerances. |
05/07/2026 | No | 1 | A | A | A | A | A | OH | Investment | Refinance - Rate/Term | A | A | A | A | A | A | N/A | No | ||||||||||||||||||||
| XXXXXX | 4000123617 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-05-05): Accepted as is. |
05/05/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | NY | Second Home | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000125504 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX). | Reviewer Comment (2026-05-05): Accepted as is. |
05/05/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000125504 | XXXXXX | XXXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
The preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). | Reviewer Comment (2026-05-05): Accepted as is. |
05/05/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000126532 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal delivered to the borrower was not provided. | Reviewer Comment (2026-05-05): Accepted as is. |
05/05/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | D | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000126532 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal delivered to the borrower was not provided. | Reviewer Comment (2026-05-05): Accepted as is. |
05/05/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | D | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000126532 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Total Of Payments | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an inaccurate Total of Payments on page 5 that does not match the actual total of payments for the loan (fee amounts included in TOP calculation are based on Closing Disclosure dated XXXX). The disclosed Total of Payments in the amount of $XXXX is under disclosed by $XXXX compared to the calculated total of payments of $XXXX which exceeds the $XXXX threshold. | Sufficient PCCD provided. Please provide: Letter of Explanation, Proof of Delivery, Refund check for under-disclosed equivalent amount, and Reopen Rescission (required on rescindable transactions) to cure. | Reviewer Comment (2026-05-20): XXXXreceived Corrected CD, LOE to
borrower, copy of cure refund for total underdisclosure and proof of
mailing. As this is a Material
Disclosure violation on a rescindable transaction, the reopening of
rescission is also required. Please
provide proof rescission reopened to all consumers. Seller Comment (2026-05-19): Comment from XXXX (XXXX): Hello, please see attached, thank you. Reviewer Comment (2026-05-15): While XXXXagrees the section of the regulation referencing the $XXXX threshold is applicable to loans in the event of a foreclosure, this threshold is used in TPR reviews as potential assignee/trust liability (including in the event of a foreclosure) is taken into consideration in securitization reviews. Further, the $XXXX threshold is applied for both the Finance Charge and TOP tolerance on rescindable transactions pursuant to the SFA RMBS TRID scope of review and XXXX scope of work (SOW) indicates review is performed pursuant to the SFA TRID Grid review scope standards as well as rating agencies and assignee liability considerations. Seller Comment (2026-05-14): Comment from XXXX (XXXX): Hello, please see attached, thank you. Reviewer Comment (2026-05-07): If one looks at 1026.23(g)(1), it states, a one-half of 1 percent tolerance "Except as provided in paragraphs (g)(2) and (h)(2)": The reference above points to 1026.23(h)(2) that limits the tolerance to $XXXX in the event the loan goes to foreclosure, if it is the consumer's principal dwelling: Understanding the lender did not originate a loan in foreclosure, the exception is cited because in the event the borrower does end up in foreclosure, they can rescind the loan based on the under-disclosure. In the event they do rescind, the assignee would be required to refund all the fees paid on the loan including interest collected. The rating agencies require an EV3-C level exception in the event the exception carries assignee liability, impairs the asset, or would be an impediment to foreclosure. They do not ignore the possibility that some loans go into foreclosure and therefore the thresholds for rescindable loans is $XXXX. It is also worth noting that XXXXreviews loans in accordance with SFA TRID Grid 4.0,.The grid states the threshold is $XXXX for rescindable transactions and $XXXX for non-rescindable transactions. TRID Grid 4.0, Additional Considerations, Row 8 Total of Payments Thresholds for Accuracy Total of Payments under disclosure tolerances for loans that are closed on or after October 10, 2017, will be $XXXX for non-rescindable transactions and $XXXX for loans subject to rescission. For loans with a consummation date prior to XXXX, the TOP tolerance considerations will allow an underdisclosure of less than ($XXXX * Number of payments) (e.g. $XXXX * XXXX months = $XXXX). For loans with a consummation date on or after XXXX, the applicable underdisclosure tolerance will be $XXXX for rescindable transactions and $XXXX for non-rescindable transactions. Seller Comment (2026-05-06): Comment from XXXX (XXXX): Hello, per Regulation Z § 1026.23(g), the accuracy threshold for understated Total of Payments amount for Refinances are 1% of the loan amount or $XXXX, whichever is greater. May we please request some detailed clarification as to why the accuracy threshold would be $XXXX? Thank you. |
XXXXX | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Cash-out - Other | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed equivalent amount, Corrected CD, and Re-open Rescission i(required on rescindable transactions) | D | B | D | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000126532 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-05-08): Clearing based on review coming
back within tolerances. |
05/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | A | C | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXXX | 4000126532 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Missing Trust Agreement for loan closed in a Trust. | Reviewer Comment (2026-05-06): Trust doc provided. Cleared. Seller Comment (2026-05-06): Comment from XXXX (XXXX): Hello, please see attached, thank you. |
05/06/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000125949 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-05-05): Accepted as is. |
05/05/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000125949 | XXXXXX | XXXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
The Preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2026-05-05): Accepted as is. |
05/05/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000122532 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus XXXX% or $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | 10% tolerance was exceeded by $XXXX due to an increase in title fees. No valid Change of Circumstance was provided, nor was evidence of cure found in the file. Provide a post-close Closing Disclosure disclosing the tolerance cure to include $XXXX, a copy of the refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made. | Reviewer Comment (2026-05-29): XXXXreceived Letter of
Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD. Seller Comment (2026-05-28): Comment from XXXX (XXXX): See attached |
XXXXX | No | 2 | C | B | C | B | C | B | C | B | C | B | AZ | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000124595 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | Reviewer Comment (2026-05-05): Accepted as is. |
05/05/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | MS | Second Home | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000124595 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Re-Issue Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Zero Percent Fee Tolerance exceeded for Credit Report Re-Issue Fee. Fee amount of $XXXX exceeds tolerance of $XXXX. Sufficient cure was provided to the borrower at Closing. | Reviewer Comment (2026-05-05): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | A | A | A | A | A | MS | Second Home | Purchase | Final CD evidences Cure | B | B | A | A | B | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000127459 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | HO6 policy is missing with the premium amount of $XXXX. | Reviewer Comment (2026-05-06): Premium document provided.
Cleared. Seller Comment (2026-05-06): Comment from XXXX (XXXX): Please see attached for the premium breakdowns for each location with $XXXX reflected for the location on this loan. |
05/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NC | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000125324 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The appraisal on file is dated post-closing. Please provide the appraisal dated prior to the note date. | Reviewer Comment (2026-05-06): Received, Clearing. Seller Comment (2026-05-06): Comment from XXXX (XXXX): Please see attached appraisal dated XXXX- the report was revised only to include fema comment about marketability. |
05/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | A | A | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000125324 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Reviewer Comment (2026-05-06): Accepted as is. |
05/06/2026 | No | 2 | B | B | B | B | B | CA | Primary | Purchase | C | B | C | A | A | B | A | A | Non QM | Non QM | No | ||||||||||||||||
| XXXXXX | 4000126860 | XXXXXX | XXXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
Preliminary Title does not list coverage amount. | Reviewer Comment (2026-05-05): Accepted as is. |
05/05/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | N/A | No | |||||||||||||
| XXXXXX | 4000126789 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-05-11): Clearing based on review coming
back within tolerances. |
05/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NC | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000126789 | XXXXXX | XXXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount. | Reviewer Comment (2026-05-06): Accepted as is. |
05/06/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | NC | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | |||||||||||||
| XXXXXX | 4000123581 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-05-08): Clearing based on review coming
back within tolerances. |
05/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | DE | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 2000000557 | XXXXXX | XXXXXX | Credit | Missing Document | General | Missing Document | Missing Document: 1007 Rent Comparison Schedule not provided | Reviewer Comment (2026-05-26): Received, Clearing. Reviewer Comment (2026-05-12): 1007 required to clear. Exception remains. |
05/26/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 2000000699 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Purchase Agreement / Sales Contract not provided | Reviewer Comment (2026-05-06): Received Purchase Agreement /
Sales Contract. Exception cleared. |
05/06/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | AZ | Primary | Purchase | D | B | D | A | B | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXXX | 2000000699 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of Appraisal is missing. | Reviewer Comment (2026-05-05): Accepted as is. |
05/05/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Primary | Purchase | D | B | D | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 2000000699 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of Appraisal is missing. | Reviewer Comment (2026-05-05): Accepted as is. |
05/05/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Primary | Purchase | D | B | D | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000121143 | XXXXXX | XXXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Title Policy Amount of $XXXX is less than the note amount of $XXXX based on the Commitment in file. | Reviewer Comment (2026-05-05): Accepted as is. |
05/05/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | NJ | Investment | Purchase | B | B | B | B | A | A | N/A | No | |||||||||||||
| XXXXXX | 4000123626 | XXXXXX | XXXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | The Title Policy Amount of $XXXX is less than the note amount of $XXXX based on the Commitment in file. | Reviewer Comment (2026-05-06): Accepted as is. |
05/06/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | WA | Investment | Purchase | C | B | C | B | A | A | A | A | Non QM | N/A | No | ||||||||||
| XXXXXX | 4000123626 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Per guidelines, Non-Arm's Length transactions allowed on Primary Purchase transactions only. Transaction is for investment property. Per appraisal, sale is between known parties and was without market exposure. | Reviewer Comment (2026-05-15): Appraisal update reflects sale is
considered Arms length Seller Comment (2026-05-15): Comment from XXXX (XXXX): Please see attached updated appraisal removing the referenced to the non-arms length transaction on Page 1 of 6 of the appraisal. Reviewer Comment (2026-05-13): Exception approval should come from the buyer. Please submit the request to XXXX Buyer Comment (2026-05-13): Comment from XXXX (XXXX): Who will be reviewing this on a case-by-casis basis? Reviewer Comment (2026-05-12): Non-Arm's Length transactions allowed on Primary Purchase transactions only and regarding Assignment of Contracts - If there are no fees involved, the assignment may be considered on a case-by-case basis. Seller Comment (2026-05-12): Comment from XXXX (XXXX): Please see attached. |
05/15/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Investment | Purchase | C | B | C | B | A | A | A | A | Non QM | N/A | No | |||||||||||
| XXXXXX | 4000125648 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus XXXX% or $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Sufficient cure provided at closing. | Reviewer Comment (2026-05-05): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | A | A | A | A | A | CO | Primary | Purchase | Final CD evidences Cure | A | A | A | A | A | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000125955 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal delivered to borrower was not provided. | Reviewer Comment (2026-05-06): Accepted as is. |
05/06/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000123783 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-05-11): Clearing based on review coming
back within tolerances. |
05/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AL | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000128321 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | The verification appraisal delivered to the borrower was not provided. | Reviewer Comment (2026-05-06): Accepted as is. |
05/06/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000128321 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Reviewer Comment (2026-05-06): Accepted as is. |
05/06/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000125867 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-05-08): Clearing based on review coming
back within tolerances. |
05/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000123223 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Funding Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | No cure was provided to the Borrower . | Reviewer Comment (2026-05-08): XXXXreceived a valid COC. Seller Comment (2026-05-07): Comment from XXXX (XXXX): uploaded LOE, LE, COC, and Rate Lock Agreement documents |
05/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | PA | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000123223 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Tax Service Fee (Life Of Loan). Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | No cure was provided to the Borrower . | Reviewer Comment (2026-05-08): XXXXreceived a valid COC. Seller Comment (2026-05-07): Comment from XXXX (XXXX): uploaded LOE, LE, COC, and Rate Lock Agreement documents |
05/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | PA | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000123223 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | No cure was provided to the Borrower . | Reviewer Comment (2026-05-06): Cured at closing or within 60
days of consummation prior to TPR review |
XXXXX | No | 2 | C | B | C | B | C | B | C | B | C | B | PA | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000123223 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-05-08): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | PA | Primary | Purchase | Final CD evidences Cure | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||||||||
| XXXXXX | 4000125141 | XXXXXX | XXXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
Preliminary title policy amount is blank. | Reviewer Comment (2026-05-06): Accepted as is. |
05/06/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000125141 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of Appraisal is missing. | Reviewer Comment (2026-05-06): Accepted as is. |
05/06/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000125141 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of Appraisal is missing. | Reviewer Comment (2026-05-06): Accepted as is. |
05/06/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000124953 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Reviewer Comment (2026-05-07): Accepted as is. |
05/07/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | UT | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000124953 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Reviewer Comment (2026-05-07): Accepted as is. |
05/07/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | UT | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000127003 | XXXXXX | XXXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Hazard coverage of $XXXX (Dwelling + replacement cost coverage) is sufficient to cover the mortgage amount of $XXXX, however, is insufficient to cover the XXXX% estimated cost new of $XXXX. Please provide a letter from the insurer stating the maximum insurable amount and/or a replacement cost estimator from the insurer. Coverage shortfall is $XXXX. | Reviewer Comment (2026-05-07): Received Replacement Cost
Estimator. Exception cleared. Seller Comment (2026-05-07): Comment from XXXX (XXXX): ins |
05/07/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000125350 | XXXXXX | XXXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Title Policy Amount of $XXXX is less than the note amount of $XXXX based on the Commitment in file. | Reviewer Comment (2026-05-07): Accepted as is. |
05/07/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Refinance - Rate/Term | B | B | B | B | A | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000126987 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided | Fraud Report is missing. | Reviewer Comment (2026-05-13): Received Fraud Report. Exception
cleared. Seller Comment (2026-05-13): Comment from XXXX (XXXX): full fraud report |
05/13/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OH | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000126190 | XXXXXX | XXXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
The preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). | Reviewer Comment (2026-05-06): Accepted as is. |
05/06/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Cash-out - Other | B | B | B | B | A | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000129009 | XXXXXX | XXXXXX | Property | Property - Appraisal | Appraisal Data Integrity | Property - Appraisal | Appraiser's license or certification was not active at the time of the appraisal. | - | Reviewer Comment (2026-05-08): License provided. Cleared. Buyer Comment (2026-05-08): Comment from XXXX (XXXX): The appraisal certificate was effective between XXXX to XXXX on page 36 of the appraisal report. |
05/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Purchase | C | A | A | A | A | A | C | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000122369 | XXXXXX | XXXXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Verification(s) of employment is not within 10 business days of the Note. | - | Verification(s) of employment is not within 10 business days of the Note. | Reviewer Comment (2026-05-12): Verification(s) of employment
within 10 business days of the Note, cleared Seller Comment (2026-05-12): Comment from XXXX (XXXX): VOE |
05/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MI | Second Home | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000122369 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Verification(s) of employment is not within 10 business days of the Note. | Reviewer Comment (2026-05-12): VOE dated within 10 business days
of the note received, cleared |
05/12/2026 | No | 1 | B | A | C | A | B | A | C | A | B | A | MI | Second Home | Purchase | Lender to provide updated ATR/QM Loan Designation | C | A | C | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000122369 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | General Ability to Repay Provision: Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Verification(s) of employment is not within 10 business days of the Note. | Reviewer Comment (2026-05-12): VOE dated within 10 business days
of the note received, cleared |
05/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MI | Second Home | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000127179 | XXXXXX | XXXXXX | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy effective date is after the funds disbursed. | Hazard Insurance Policy Effective Date of XXXX is after the disbursement date of XXXX. | Reviewer Comment (2026-05-09): Received, Clearing. Seller Comment (2026-05-08): Comment from Post Closing (XXXX): Please see attached.The disbursement date should be XXXX. Reviewer Comment (2026-05-08): Please provide signed closing statement. Exception remains. Seller Comment (2026-05-07): Comment from Post Closing (XXXX): Please see attached.The disbursement date should be XXXX. |
05/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000126446 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-05-12): Clearing based on review coming
back within tolerances. |
05/12/2026 | No | 1 | A | A | A | A | A | NJ | Investment | Refinance - Cash-out - Other | A | A | A | A | A | A | N/A | No | ||||||||||||||||||||
| XXXXXX | 4000126300 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-05-11): Clearing based on review coming
back within tolerances. |
05/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000127107 | XXXXXX | XXXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Title Policy Amount of $XXXX is less than the note amount of $XXXX based on the Commitment in file. | Reviewer Comment (2026-05-07): Accepted as is. |
05/07/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Primary | Purchase | B | B | B | B | A | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000125684 | XXXXXX | XXXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Missing currently listed or signed letter of intent from Borrower indicating they intend to list the departure residence for sale within ninety (90) days of closing on subject transaction. | Reviewer Comment (2026-05-12): LOX provided. Cleared. Seller Comment (2026-05-12): Comment from XXXX (XXXX): LOI Attached |
05/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000123970 | XXXXXX | XXXXXX | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | - | Fraud Report is missing. | Reviewer Comment (2026-05-11): Received, Clearing. Seller Comment (2026-05-11): Comment from XXXX (XXXX): Fraud Report and XXXX Clearance. |
05/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000125343 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | Reviewer Comment (2026-05-08): Accepted as is. |
05/08/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | VA | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000125896 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-05-11): Clearing based on review coming
back within tolerances. |
05/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TN | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000125896 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The note and security agreement signature lines are missing the borrower's member capacity. | Reviewer Comment (2026-05-14): Received, Clearing. Seller Comment (2026-05-14): Comment from XXXX (XXXX): attached requested re-signed docs Reviewer Comment (2026-05-08): Sample documents provided have the correct signature lines as required. Exception remains. Seller Comment (2026-05-08): Comment from XXXX (XXXX): is the attached acceptable to get re-signed? |
05/14/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TN | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000124555 | XXXXXX | XXXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
Reviewer Comment (2026-05-08): Accepted as is. |
05/08/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | A | A | N/A | N/A | No | |||||||||||
| XXXXXX | 4000126019 | XXXXXX | XXXXXX | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy Effective Date is after closing. | Hazard Insurance Policy Effective Date ___, Disbursement Date: ___ | Hazard Insurance Policy Effective Date XXXX, Note Date XXXX. Wet State. | Reviewer Comment (2026-05-15): Received Email from insurance
agent confirming that no claims or damage to the property occurred between
Note date XXXX and Policy Effective Date XXXX. Exception cleared. Seller Comment (2026-05-15): Comment from XXXX (XXXX): HOI No claims Letter Reviewer Comment (2026-05-12): The Hazard Insurance Policy Effective Date XXXX is after the Note Date XXXX in a Wet State. Seller Comment (2026-05-12): Comment from XXXX (XXXX): HOI |
05/15/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000126467 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-05-12): Clearing based on review coming
back within tolerances. |
05/12/2026 | No | 1 | A | A | A | A | A | IL | Investment | Purchase | A | A | A | A | A | A | N/A | No | ||||||||||||||||||||
| XXXXXX | 4000127581 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-05-13): Clearing based on review coming
back within tolerances. |
05/13/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXXX | 4000127581 | XXXXXX | XXXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The file was missing a copy of HOA Verification. | Reviewer Comment (2026-05-11): Cleared HOA verfication Seller Comment (2026-05-11): Comment from XXXX (XXXX): XXXX MWM: please see the attached documentation. I've attached the current HOA statement for the property located at XXXX. |
05/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000127581 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation of Non QM does not match due diligence designation of ATR risk, due to DTI of XXXX% exceeding guidelines of XXXX%. | Reviewer Comment (2026-05-19): Bank Statements showing Mortgage
is paid by business for REO. Cleared. Seller Comment (2026-05-19): Comment from XXXX (XXXX): XXXX MWM: Please see the attached documentation. Please note that the xxxxxxx mortgage #XXXX is excluded as being paid by the self-employed business. per the guidelines this is acceptable with 12 months of documented payments by the business. When excluding the liability of $XXXX from the monthly expenses the DTI lines up with the current DTI in the file of XXXX %. I've attached the 12 months of bank statements to support the business has paid the mortgage and meet the guidelines. |
05/19/2026 | No | 1 | A | A | A | A | A | FL | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation | C | A | C | A | A | A | A | A | Non QM | Non QM | Yes | ||||||||||||||
| XXXXXX | 4000127581 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General ATR Provision Investor and Non QM DTIs match and both significantly exceed Guidelines | Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of XXXX% significantly exceeds the guideline maximum of XXXX%. (DTI Exception requires compelling compensating factors to consider regrading to EV2-B.) | DTI of XXXX% exceeds tolerance of 55%, after the addition of the HOA dues for rental property. Verified Debt $XXXX/ Verified income of $XXXX | Reviewer Comment (2026-05-19): Bank Statements showing Mortgage
is paid by business for REO. Cleared. Seller Comment (2026-05-19): Comment from XXXX (XXXX): XXXX MWM: Please see the attached documentation. Please note that the xxxxxxx mortgage #XXXX is excluded as being paid by the self-employed business. per the guidelines this is acceptable with 12 months of documented payments by the business. When excluding the liability of $XXXX from the monthly expenses the DTI lines up with the current DTI in the file of XXXX%. I've attached the 12 months of bank statements to support the business has paid the mortgage and meet the guidelines. |
05/19/2026 | No | 1 | A | A | A | A | A | FL | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||||
| XXXXXX | 4000127581 | XXXXXX | XXXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | DTI of XXXX% exceeds guidelines of XXXX%. Verified Debt $XXXX/ Verified income of $XXXX. | Reviewer Comment (2026-05-19): Bank Statements showing Mortgage
is paid by business for REO. Cleared. Seller Comment (2026-05-19): Comment from XXXX (XXXX): XXXX MWM: Please see the attached documentation. Please note that the xxxxxxx mortgage #XXXX is excluded as being paid by the self-employed business. per the guidelines this is acceptable with 12 months of documented payments by the business. When excluding the liability of $XXXX from the monthly expenses the DTI lines up with the current DTI in the file of XXXX%. I've attached the 12 months of bank statements to support the business has paid the mortgage and meet the guidelines. |
05/19/2026 | No | 1 | A | A | A | A | A | FL | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||||||
| XXXXXX | 4000125631 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-05-13): Clearing based on review coming
back within tolerances. |
05/13/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Second Home | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXXX | 4000125631 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | Self-Employed Tax Return Recency - ATR | Ability to Repay (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date XXXX, Most Recent Tax Return End Date XXXX, Tax Return Due Date XXXX. | The business or personal tax returns provided are not the most recent. Application Date XXXX, Most Recent Tax Return End Date XXXX | Reviewer Comment (2026-05-08): Accepted as is. |
05/08/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | WA | Second Home | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000125631 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | Self-Employed Tax Return Recency - ATR | Ability to Repay (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date XXXX, Most Recent Tax Return End Date XXXX, Tax Return Due Date XXXX. | The business or personal tax returns provided are not the most recent. Application Date XXXX, Most Recent Tax Return End Date XXXX | Reviewer Comment (2026-05-08): Accepted as is. |
05/08/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | WA | Second Home | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000126600 | XXXXXX | XXXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Reviewer Comment (2026-05-08): Accepted as is. |
05/08/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | MN | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000126600 | XXXXXX | XXXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Appraisal Transfer Letter not provided | Reviewer Comment (2026-05-11): Appraisal Transfer Letter not
required, cleared Seller Comment (2026-05-11): Comment from XXXX (XXXX): XXXX AMB: Please note that the appraisal is not a transferred appraisal, and therefore, a transfer letter is not required. The appraisal is in the name of XXXX. The correspondent broker shop that submitted the loan to XXXX was XXXX. XXXX is seen as an extension of XXXX (or vice versa) on this loan, as XXXX underwrote the loan, but XXXX actually lent the funds for the loan. Please see the attached Correspondent Purchase Advice to confirm the relationship between XXXX and XXXX, but please note that nothing additional would be required for the appraisal. |
05/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MN | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000120583 | XXXXXX | XXXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of XXXX is less than required reserves of 6 months. | Reviewer Comment (2026-06-01): Received, Clearing. Seller Comment (2026-06-01): Comment from XXXX (XXXX): Non Del. DSCR purchase transaction. Encompass form 1008 reflects 10 months' reserves. Review of the final CD and asset statements reflects XXXX reserves post-closing or XXXX months reserves. Final CD required funds to close of $XXXX, total available funds $XXXX, reserves $XXXX. Uploaded to portal. |
06/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NH | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000126955 | XXXXXX | XXXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Legal Description not provided | The file is missing a copy of Legal Description | Reviewer Comment (2026-05-15): Legal Description provided.
Cleared. Seller Comment (2026-05-15): Comment from XXXX (Premier Lending): attached requested. |
05/15/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TN | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000126955 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The note and prepayment note addendum, security instrument and riders are missing the member title on the signature line. | Reviewer Comment (2026-05-14): Corrected documents received,
cleared Seller Comment (2026-05-14): Comment from XXXX (XXXX): attached revised docs. |
05/14/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TN | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000126601 | XXXXXX | XXXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount. | Reviewer Comment (2026-05-08): Accepted as is. |
05/08/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | MN | Investment | Refinance - Rate/Term | B | B | B | B | A | A | N/A | No | |||||||||||||
| XXXXXX | 4000126612 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary/XXXX) | Reviewer Comment (2026-05-08): Accepted as is. |
05/08/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | MI | Primary | Refinance - Rate/Term | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000126612 | XXXXXX | XXXXXX | Compliance | Compliance | State Compliance | Misc. State Level | Michigan CMPA Home Loan Toolkit Timing | Michigan Consumer Mortgage Protection Act: Home Loan Toolkit not provided to borrower within three (3) business days of application. | Michigan Consumer Mortgage Protection Act: Home Loan Toolkit not provided to borrower within three (3) business days of application. | Reviewer Comment (2026-05-08): Accepted as is. |
05/08/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | MI | Primary | Refinance - Rate/Term | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000126612 | XXXXXX | XXXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Title Policy Coverage is less than Original Loan Amount. | Reviewer Comment (2026-05-08): Accepted as is. |
05/08/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | MI | Primary | Refinance - Rate/Term | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000125264 | XXXXXX | XXXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Insurance Verification, Tax Verification is missing for REO. | Reviewer Comment (2026-05-13): Cleared Tax/ins received Seller Comment (2026-05-13): Comment from XXXX (XXXX): See attached HOI and Tax documents |
05/13/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXXX | 4000125264 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Attorney Review Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Attorney Review fee increased $XXXX to $XXXX. A cure of $XXXX was provided. | Reviewer Comment (2026-05-22): XXXXreceived corrected PCCD and
LOE Seller Comment (2026-05-21): Comment from XXXX (XXXX): See attached PCCD Reviewer Comment (2026-05-15): XXXXreceived XXXX CD and LOE to borrower dated XXXX. If this was intended to be a Post Close CD/Corrected CD after Final CD, then the issue date cannot be the same date as the Final CD date and back dated, as it would not be considered a post close correction, A Corrected CD would needed issued after the XXXX final CD in order to test as a correction. Seller Comment (2026-05-14): Comment from XXXX (XXXX): See attached PCCD Reviewer Comment (2026-05-14): XXXXreceived LOX stating borrower didn't shop from SSPL and therefore, we would require Attorney review fee to moved section H on Post CD along with LOX in order to clear the exception. Seller Comment (2026-05-13): Comment from XXXX (XXXX): See attached LOX and Disclosure |
05/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | Yes | |||||||||
| XXXXXX | 4000125264 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Reviewer Comment (2026-05-11): Accepted as is. |
05/11/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | |||||||||||
| XXXXXX | 4000126880 | XXXXXX | XXXXXX | Compliance | Compliance | State Compliance | State HPML | (State HPML Provision) New York Subprime Loan (Escrow Not Established) | New York Subprime Loan: Mandatory escrow account not established for the collection of property taxes and insurance on first lien loan. (Note: Does not apply if the borrower can demonstrate a record of 12 months of timely payments of taxes and insurance on a previous home loan.) | Mandatory escrow account not established for the collection of property taxes and insurance on first lien loan. | Reviewer Comment (2026-05-11): Accepted as is |
05/11/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000126880 | XXXXXX | XXXXXX | Compliance | Compliance | State Compliance | State HPML | New York Subprime Home Loan Threshold Greater than 3 Year ARM Non-Compliant | New York Subprime Loan: APR on subject loan of XXXX% is in excess of allowable threshold of Prime Mortgage Market Rate XXXX% + XXXX%, or XXXX%. Non-Compliant SubPrime Loan. | Reviewer Comment (2026-05-11): Accepted as is |
05/11/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | No obvious cure. Cure provision under NY Subprime 6-m(7) appears to be limited to making a non-compliant NY Subprime loan into a compliant NY subprime loan with no explicit cure language permitting loan to be refunded or cured by reducing the APR to effectively bring the loan out of NY Subprime status. | B | B | A | A | B | B | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXXX | 4000124543 | XXXXXX | XXXXXX | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy effective date is after the funds disbursed. | Hazard Insurance Policy Effective Date ___; Disbursement Date: ___; Note Date: ___; Transaction Date: ___ | Hazard Insurance effective date is XXXX, Disbursement Date XXXX. Dry State. | Reviewer Comment (2026-05-19): As per the received Closing
Statement, the disbursement date is XXXXXXX, and the hazard insurance
effective date matches it. Exception cleared. Seller Comment (2026-05-19): Comment from XXXX (XXXX): Please see the response from title and the signed settlement statement attached Reviewer Comment (2026-05-12): Please provide signed closing statement. Exception remains. Seller Comment (2026-05-11): Comment from XXXX (XXXX): California file - Please see the final statement confirming the loan disbursed on XXXX |
05/19/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000125567 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-05-11): Accepted as is. |
05/11/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000125567 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Sufficient or excess cure was provided to the borrower at Closing | Reviewer Comment (2026-05-11): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Purchase | Final CD evidences Cure | B | B | A | A | B | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000122671 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver Test | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. | Reviewer Comment (2026-05-13): XXXXreceived XXXX CD received 3
business days prior to consummation. Seller Comment (2026-05-12): Comment from XXXX (XXXX): initial CD |
05/13/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Purchase | No Defined Cure | C | B | A | A | C | B | A | A | Non QM | Non QM | No | |||||||||
| XXXXXX | 4000122671 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three business days prior to consummation. | Reviewer Comment (2026-05-12): Accepted as is. |
05/12/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000126848 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Agricultural zoned properties may be considered on a case-by-case basis and will require an investor exception approval, subject to an LLPA. | Borrower's monthly reserves have been verified and exceed the
amount required based on the guidelines by at least 4 months. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |
SitusAMC SitusAMC |
Reviewer Comment (2026-05-14): Client elects to waive with
compensating factors Seller Comment (2026-05-14): Comment from XXXX (XXXX): exception request Reviewer Comment (2026-05-12): Exception approval request must be submitted to the buyer of the loan. Seller Comment (2026-05-12): Comment from XXXX (XXXX): exception request |
05/14/2026 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | OR | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||
| XXXXXX | 4000122218 | XXXXXX | XXXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Missing Final CD for new purchase, insurance verification, tax verification, and lease agreement. | Reviewer Comment (2026-05-15): Received Closing Disclosure.
Exception Cleared. Seller Comment (2026-05-15): Comment from XXXX (XXXX): uploaded requested 408 docs |
05/15/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Rate/Term | C | A | C | A | A | A | A | A | N/A | N/A | No | ||||||||||
| XXXXXX | 4000122218 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | The file is missing copy of Approval Document | Reviewer Comment (2026-05-18): 1008, cleared Seller Comment (2026-05-18): Comment from XXXX (XXXX): uploaded requested 1008 Reviewer Comment (2026-05-15): Provide 1008/approval. Exception remains Seller Comment (2026-05-15): Comment from XXXX (XXXX): uploaded aus doc |
05/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Rate/Term | C | A | C | A | A | A | A | A | N/A | N/A | No | |||||||||||
| XXXXXX | 4000122218 | XXXXXX | XXXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Missing Final CD for new mortgage, lease agreement, insurance verification and tax verificaiton. | Reviewer Comment (2026-05-15): Received Closing Disclosure,
Exception Cleared. Seller Comment (2026-05-15): Comment from XXXX (XXXX): uploaded requested 320 docs |
05/15/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Rate/Term | C | A | C | A | A | A | A | A | N/A | N/A | No | ||||||||||
| XXXXXX | 4000122218 | XXXXXX | XXXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Missing Final CD for new mortgage, insurance verification, lease agreement and tax verification. | Reviewer Comment (2026-05-15): Received Closing Disclosure,
Exception Cleared. Seller Comment (2026-05-15): Comment from XXXX (XXXX): uploaded requested 232 docs |
05/15/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Rate/Term | C | A | C | A | A | A | A | A | N/A | N/A | No | ||||||||||
| XXXXXX | 4000127455 | XXXXXX | XXXXXX | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy effective date is after the funds disbursed. | Reviewer Comment (2026-05-13): Received Updated Hazard Insurance
Policy Effective Date is same as the Disbursement Date. Exception cleared. Seller Comment (2026-05-12): Comment from XXXX (XXXX): Uploading correct EOI reflecting effective date XXXX Reviewer Comment (2026-05-11): Reopen Reviewer Comment (2026-05-11): Dry state |
05/13/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | B | A | A | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXXX | 4000127455 | XXXXXX | XXXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
The preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). | Reviewer Comment (2026-05-11): Accepted as is. |
05/11/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | C | B | A | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000123711 | XXXXXX | XXXXXX | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy Effective Date is after closing. | Hazard Insurance Policy Effective Date ___, Disbursement Date: ___ | The Hazard Insurance Policy Effective Date is after the later of the note or transaction date. | Reviewer Comment (2026-05-15): Attestation confirming no losses
between XXXX and XXXX provided. Cleared. Seller Comment (2026-05-15): Comment from XXXX (XXXX): uploaded requested HOI info |
05/15/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000119095 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Appraisal Fee increased from $XXXX to $XXXX a difference of $XXXX. No cure provided. | Reviewer Comment (2026-05-11): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | A | A | A | A | A | VA | Primary | Purchase | Final CD evidences Cure | D | A | D | A | A | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000119095 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Loan closed in a Trust. Trust Agreement not provided. | Reviewer Comment (2026-05-13): Received Trust Agreement.
Exception cleared. Seller Comment (2026-05-13): Comment from XXXX (XXXX): Uploaded notarized Trust cert |
05/13/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | VA | Primary | Purchase | D | A | D | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000125310 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Loan File | Missing Document | Missing Document: Hazard Insurance Policy not provided | File is missing HO-6 policy for the subject. | Reviewer Comment (2026-05-13): HO-6 is in the file |
05/13/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000123859 | XXXXXX | XXXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Reviewer Comment (2026-05-12): Accepted as is. |
05/12/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Investment | Purchase | B | B | B | B | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000122731 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | No Cure Provided | Reviewer Comment (2026-05-11): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | A | A | A | A | A | WA | Primary | Purchase | Final CD evidences Cure | B | B | B | B | A | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000122731 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Request to exclude/allow late payment on property that was awarded to husband. The CR2A Agreement was executed XXXX and as such, the HELOC was sole obligation as of that date. Attorney commented on the CR2A and late payment/property being awarded to her ex. Lender exception approved. Com Factors LTV XXXX%, DTI XXXX% | Borrower has verified disposable income of at least $2500.00. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. The qualifying DTI on the loan is at least 10% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-05-12): Client elects to waive/regrade
with compensating factors. |
05/12/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | WA | Primary | Purchase | B | B | B | B | A | A | A | A | Non QM | Non QM | No | |||||||||
| XXXXXX | 4000126907 | XXXXXX | XXXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Reviewer Comment (2026-05-11): Accepted as is. |
05/11/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000125726 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of appraisal was not found in file. | Reviewer Comment (2026-05-11): Accepted as is. |
05/11/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000125512 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of appraisal is missing. | Reviewer Comment (2026-05-12): Accepted as is. |
05/12/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | C | B | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000125512 | XXXXXX | XXXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
Preliminary title does not list coverage amount. | Reviewer Comment (2026-05-12): Accepted as is. |
05/12/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | C | B | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000125512 | XXXXXX | XXXXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying assets for closing of $XXXX is less than cash from borrower $XXXX. | Reviewer Comment (2026-05-14): Received, Clearing. Seller Comment (2026-05-14): Comment from XXXX (XXXX): Hello, the Appraisal invoice was the first page of the previously uploaded PDF. Please kindly see attached one more time, thank you. Reviewer Comment (2026-05-14): Still missing invoice for appraisal fee paid outside of closing Seller Comment (2026-05-14): Comment from XXXX (XXXX): Hello, please see attached invoice and revised PCCD showing sufficient funds |
05/14/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | B | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000125512 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-05-15): Cleared based on review coming
back within tolerances |
05/15/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | B | C | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXXX | 4000125512 | XXXXXX | XXXXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Asset not provided | Missing paid receipt for POCB appraisal fee. | Reviewer Comment (2026-05-14): Received, Clearing. Seller Comment (2026-05-14): Comment from XXXX (XXXX): Hello, the Appraisal Invoice was already provided. Please see attached one more time, thank you. Reviewer Comment (2026-05-14): Still missing invoice for appraisal fee paid outside of closing Seller Comment (2026-05-14): Comment from XXXX (XXXX): Hello, please see attached |
05/14/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | B | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000125512 | XXXXXX | XXXXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Asset not provided | Missing POCB paid receipt for Condo/PUD Cert and Master Policy Fee. | Reviewer Comment (2026-05-14): fees removed from PCCD Seller Comment (2026-05-14): Comment from XXXX (XXXX): Hello, please see attached PCCD removing these two fees |
05/14/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | B | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000125512 | XXXXXX | XXXXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Asset not provided | Missing POCB paid receipt for Credit Report Fee. | Reviewer Comment (2026-05-14): Received invoice, Exception
Cleared. Seller Comment (2026-05-14): Comment from XXXX (XXXX): Hello, please see attached |
05/14/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | B | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000125512 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | POCB fees applied with confirmation of payment not provided. | Reviewer Comment (2026-05-14): PCCD received Seller Comment (2026-05-14): Comment from XXXX (XXXX): Hello, please see attached invoice and revised PCCD showing sufficient funds |
05/14/2026 | No | 1 | B | A | C | A | B | A | C | A | B | A | CA | Primary | Purchase | Lender to provide updated ATR/QM status | C | B | C | B | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000125512 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Income and Assets - Assets | Ability to Repay (Dodd-Frank 2014): Unable to verify assets using reasonably reliable third-party records. | POCB fees applied with confirmation of payment not provided. | Reviewer Comment (2026-05-14): PCCD received Seller Comment (2026-05-14): Comment from XXXX (XXXX): Hello, please see attached invoice and revised PCCD showing sufficient funds |
05/14/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | B | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000125512 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Income and Assets - Assets | Ability to Repay (Dodd-Frank 2014): Unable to verify assets using reasonably reliable third-party records. | POCB fees applied with confirmation of payment not provided. | Reviewer Comment (2026-05-14): PCCD received Seller Comment (2026-05-14): Comment from XXXX (XXXX): Hello, please see attached invoice and revised PCCD showing sufficient funds |
05/14/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | B | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000125512 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Income and Assets - Assets | Ability to Repay (Dodd-Frank 2014): Unable to verify assets using reasonably reliable third-party records. | POCB fees applied with confirmation of payment not provided. | Reviewer Comment (2026-05-14): PCCD received Seller Comment (2026-05-14): Comment from XXXX (XXXX): Hello, please see attached invoice and revised PCCD showing sufficient funds |
05/14/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | B | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000125512 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Income and Assets - Assets | Ability to Repay (Dodd-Frank 2014): Unable to verify assets using reasonably reliable third-party records. | POCB fees applied with confirmation of payment not provided. | Reviewer Comment (2026-05-14): PCCD received Seller Comment (2026-05-14): Comment from XXXX (XXXX): Hello, please see attached invoice and revised PCCD showing sufficient funds |
05/14/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | B | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000125512 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | General Ability to Repay Provision: Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | POCB fees applied with confirmation of payment not provided. | Reviewer Comment (2026-05-14): Received, Clearing. Seller Comment (2026-05-14): Comment from XXXX (XXXX): Hello, the Appraisal invoice was the first page of the previously uploaded PDF. Please kindly see attached one more time, thank you. Reviewer Comment (2026-05-14): Still missing invoice for appraisal fee paid outside of closing Seller Comment (2026-05-14): Comment from XXXX (XXXX): Hello, please see attached invoice and revised PCCD showing sufficient funds |
05/14/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | B | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000125512 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. | POCB fees applied with confirmation of payment not provided. | Reviewer Comment (2026-05-14): PCCD received |
05/14/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Purchase | C | B | C | B | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000125512 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Reviewer Comment (2026-05-14): Received, Clearing. Seller Comment (2026-05-14): Comment from XXXX (XXXX): Hello, please see attached, thank you. |
05/14/2026 | No | 1 | A | A | A | A | A | CA | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation | C | B | C | B | C | B | A | A | Non QM | Non QM | Yes | |||||||||||||||
| XXXXXX | 4000125422 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-05-15): Cleared based on review coming
back within tolerances |
05/15/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000128206 | XXXXXX | XXXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
The Preliminary title policy is within XXXX does not reflect a coverage amount. Final title policy was not found in file. Unable to determine if appropriate coverage is provided. | Reviewer Comment (2026-05-12): Accepted as is. |
05/12/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Purchase | B | B | B | B | A | A | N/A | No | |||||||||||||
| XXXXXX | 4000124848 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | No cure was provided. | Reviewer Comment (2026-05-15): XXXXreceived update CD and valid
changed circusmtance. Seller Comment (2026-05-13): Comment from XXXX (XXXX): NOLC |
05/15/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | IL | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | A | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000121757 | XXXXXX | XXXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Title Policy Coverage is less than Original Loan Amount. | Reviewer Comment (2026-05-12): Accepted as is. |
05/12/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | WA | Investment | Refinance - Rate/Term | C | B | C | B | A | A | A | A | N/A | N/A | No | ||||||||||
| XXXXXX | 4000121757 | XXXXXX | XXXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - ___ | Reviewer Comment (2026-06-09): Received 1008 approval for new
financing Seller Comment (2026-06-09): Comment from XXXX (XXXX): Please see attached. Reviewer Comment (2026-05-21): Required approval/first payment letter/CD to clear the exception. Exception remains. Seller Comment (2026-05-21): Comment from XXXX (XXXX): see attached. new construction. I dont believe a statement is available. Reviewer Comment (2026-05-18): Please provide First Payment Letter/Closing Disclosure to clear the exception, Exception remains. Seller Comment (2026-05-18): Comment from XXXX (XXXX): this is new construction. do not believe a statement was available Reviewer Comment (2026-05-14): Received Tax and Insurance verification however require Mortgage Statement to verify the P&I amount. Exception remains. Seller Comment (2026-05-14): Comment from XXXX (XXXX): see attached |
06/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Investment | Refinance - Rate/Term | C | B | C | B | A | A | A | A | N/A | N/A | No | |||||||||||
| XXXXXX | 4000123492 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for HOA/Condo Questionnaire. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Sufficient cure provided at closing. | Reviewer Comment (2026-05-13): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | A | A | A | A | A | TX | Primary | Purchase | Final CD evidences Cure | A | A | A | A | A | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000126854 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-05-15): Cleared based on review coming
back within tolerances |
05/15/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | IL | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000126854 | XXXXXX | XXXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Reviewer Comment (2026-05-22): Received bank statements.
Exception cleared. Seller Comment (2026-05-22): Comment from XXXX (XXXX): Assets uploaded Reviewer Comment (2026-05-19): Statements provided are dated post subject closing date. Exception remains. Seller Comment (2026-05-19): Comment from XXXX (XXXX): Borrower is getting enough cash back from other transactions which can be used to meet the cash to close requirement, see attached HUD statements. |
05/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | IL | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000126382 | XXXXXX | XXXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
The Title Commitment or Preliminary title policy amount is blank. | Reviewer Comment (2026-05-13): Accepted as is. |
05/13/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Cash-out - Other | B | B | B | B | A | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000124469 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Note Addendum - Prepayment not provided | Missing prepayment addendum to the note. | Reviewer Comment (2026-05-29): Note Addendum - Prepayment,
cleared Seller Comment (2026-05-29): Comment from XXXX (XXXX): addendum to note |
05/29/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Refinance - Rate/Term | C | A | C | A | A | A | A | A | N/A | N/A | Yes | |||||||||||
| XXXXXX | 4000127383 | XXXXXX | XXXXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Verification(s) of employment is not within 10 business days of the Note. | - | VVOE within 10 business days of the Note was not found in file. | Reviewer Comment (2026-05-14): Received VVOE. Exception
cleared. Seller Comment (2026-05-14): Comment from XXXX (XXXX): VVOE |
05/14/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | VA | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000127383 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of XXXX does not match Due Diligence Loan Designation of XXXX. | VVOE within 10 business days of the Note was not found in file. | Reviewer Comment (2026-05-14): Received VVOE. Exception
cleared. |
05/14/2026 | No | 1 | B | A | C | A | B | A | C | A | B | A | VA | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation | C | A | C | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000127383 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | General Ability to Repay Provision: Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | VVOE within 10 business days of the Note was not found in file. | Reviewer Comment (2026-05-14): Received VVOE. Exception
cleared. |
05/14/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | VA | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000125510 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | The verification appraisal was not provided to the borrower. | Reviewer Comment (2026-05-13): Accepted as is. |
05/13/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000126414 | XXXXXX | XXXXXX | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Representative FICO score of ___ is less than Guideline representative FICO score of ___. | Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. The qualifying DTI on the loan is at least 10% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-05-16): Client exception received. Seller Comment (2026-05-15): Comment from XXXX (XXXX): Hello, please see attached, thank you. |
05/16/2026 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Purchase | C | B | C | B | B | B | A | A | Non QM | Non QM | No | |||||||||
| XXXXXX | 4000126414 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of Appraisal is not found in the file. | Reviewer Comment (2026-05-13): Accepted as is. |
05/13/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | C | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000126414 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of Appraisal is not found in the file. | Reviewer Comment (2026-05-13): Accepted as is. |
05/13/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | C | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000125596 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception in the loan file to approve the borrower with no primary housing payment, as he is currently living rent free. The lender exception form is unsigned, provide completed Lender exception form reflecting approval. | Reviewer Comment (2026-05-28): The borrower has no previous
housing history. Rent-Free Letter was
provided. |
05/28/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | ID | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000125596 | XXXXXX | XXXXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | There is no evidence of landlord insurance (hazard insurance plus liability) and thus casts doubt on the business purpose of the loan. | Rent loss insurance is required and must equal 6 months of rental insurance. | Reviewer Comment (2026-05-19): Rent Loss breakdown provided by
Insurer. Cleared. Seller Comment (2026-05-19): Comment from XXXX (XXXX): Rent Loss confirmation |
05/19/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | ID | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000127749 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Loan File | Missing Document | Missing Document: Hazard Insurance Policy not provided | Master Hazard Insurance Policy is missing. | Reviewer Comment (2026-05-20): Received Master Insurance Policy.
Exception cleared. Seller Comment (2026-05-20): Comment from XXXX (XXXX): Hello, please see attached. |
05/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | C | B | C | B | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000127749 | XXXXXX | XXXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount. | Reviewer Comment (2026-05-14): Accepted as is. |
05/14/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | C | B | C | B | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000127749 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-05-14): Accepted as is. |
05/14/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | C | B | C | B | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000127749 | XXXXXX | XXXXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Asset not provided | Provide invoice for POCB Appraisal Fee totaling $XXXX. | Reviewer Comment (2026-05-20): Received POCB Invoice for
Appraisal Fee. Exception cleared. Seller Comment (2026-05-20): Comment from XXXX (XXXX): Hello, please see attached. |
05/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | C | B | C | B | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000127749 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of XXXX does not match Due Diligence Loan Designation of XXXX. | Reviewer Comment (2026-05-20): Received POCB Invoice for
Appraisal Fee. Exception cleared. Seller Comment (2026-05-20): Comment from XXXX (XXXX): Hello, please see attached. |
05/20/2026 | No | 1 | B | A | C | A | B | A | C | A | B | A | CA | Primary | Refinance - Rate/Term | Lender to provide updated ATR/QM Loan Designation | C | B | C | B | C | B | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXXX | 4000127749 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | General Ability to Repay Provision: Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Provide paid invoice for POCB Appraisal fee. | Reviewer Comment (2026-05-20): Received POCB Invoice for
Appraisal Fee. Exception cleared. Seller Comment (2026-05-20): Comment from XXXX (XXXX): Hello, please see attached. |
05/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | C | B | C | B | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000126545 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-05-19): Clearing based on review coming
back within tolerances. |
05/19/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000126545 | XXXXXX | XXXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Reviewer Comment (2026-05-14): Accepted as is. |
05/14/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | NJ | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000128289 | XXXXXX | XXXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
Title policy amount is not provided in title preliminary report. | Reviewer Comment (2026-05-14): Accepted as is. |
05/14/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Purchase | B | B | B | B | A | A | N/A | No | |||||||||||||
| XXXXXX | 4000127503 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-05-19): Clearing based on review coming
back within tolerances. |
05/19/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OH | Investment | Purchase | D | A | D | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000127503 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided | Reviewer Comment (2026-05-15): Received Certificate of Good
Standing. Exception cleared. Seller Comment (2026-05-15): Comment from XXXX (XXXX): Certificate |
05/15/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OH | Investment | Purchase | D | A | D | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000127503 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Guarantor Agreement not provided | Reviewer Comment (2026-05-27): Received Note with guarantor
signatures both individually and as member. Exception cleared. Seller Comment (2026-05-26): Comment from XXXX (XXXX): Corrected NOTE Reviewer Comment (2026-05-18): Guarantor Agreement is required to clear the exception, Exception Remains. Buyer Comment (2026-05-18): Comment from XXXX (XXXX): If we have the borrower resign the Note as an individual and as a member of LLC, then we can avoid the PG correct? Reviewer Comment (2026-05-15): Per guidelines 4.7.2, Personal Guaranty (PG) is required when any party on the Note has signed on behalf of the business rather than individually. The LLC is listed on the note and the individual is signing as sole member of the LLC Buyer Comment (2026-05-15): Comment from XXXX (XXXX): It's our understanding the Personal Guaranty Agreement ss only required when the borrower is the guarantor for the business (i.e. the borrower is the entity). In our case, the borrower is the individual, they are simply vesting in the entity. As such, a Personal Guaranty is not required. |
05/27/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | OH | Investment | Purchase | D | A | D | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000126122 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-05-15): Client elects to waive |
05/15/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000126122 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-05-19): Clearing based on review coming
back within tolerances. |
05/19/2026 | No | 1 | A | A | A | A | A | TX | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||||||||
| XXXXXX | 4000125617 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | XXXX% post-closing asset requirement for the Asset Qualifier program was not met. | Borrower has verified disposable income of at least $2500.00. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-05-15): Client elected to waive/regrade
with compensating factors. Lender exception provided. |
05/15/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | CO | Primary | Purchase | B | B | B | B | A | A | A | A | Non QM | Non QM | No | |||||||||
| XXXXXX | 4000126024 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of Appraisal is missing. | Reviewer Comment (2026-05-15): Client elects to waive |
05/15/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000126024 | XXXXXX | XXXXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | Required Rent Free Letter was not provided. | Reviewer Comment (2026-05-22): Received evidence borrower was
lived in xxxxxxx after sale of primary Reviewer Comment (2026-05-18): Reviewed documentation, Provide letter of explanation from the borrower and receipt reflecting in the borrower's name. Exception remains Seller Comment (2026-05-18): Comment from XXXX (XXXX): XXXX was staying at an XXXX XXXX-XXXX |
05/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000126024 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-05-15): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | A | A | A | A | A | TX | Primary | Purchase | Final CD evidences Cure | C | B | C | A | B | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000126394 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-05-19): Clearing based on review coming
back within tolerances. |
05/19/2026 | No | 1 | A | A | A | A | A | AL | Investment | Purchase | A | A | A | A | A | A | N/A | No | ||||||||||||||||||||
| XXXXXX | 4000125123 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-05-19): Clearing based on review coming
back within tolerances. |
05/19/2026 | No | 1 | A | A | A | A | A | MI | Investment | Purchase | A | A | A | A | A | A | N/A | No | ||||||||||||||||||||
| XXXXXX | 4000125549 | XXXXXX | XXXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Hazard Insurance Dwelling Coverage Amount is $XXXX and Replacement Cost Estimate is $XXXX. Hazard coverage shortfall is $XXXX. | Reviewer Comment (2026-05-21): Cleared Insurance included RCE on
the property Seller Comment (2026-05-21): Comment from XXXX (XXXX): XXXX SA: Please review the attached email from the policy agent, which confirms that the policy is based on replacement cost. Our guidelines indicate that policies written on a replacement cost basis are acceptable Reviewer Comment (2026-05-20): There is no clause mentioned in hazard insurance policy about replacement cost basis. Exception remains. Seller Comment (2026-05-20): Comment from XXXX (XXXX): XXXX SA: Please see the attached email from the agent saying that the policy is written on a replacement cost basis. This is also listed on the lender letter to support the RCE not needed. |
05/21/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MI | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000125978 | XXXXXX | XXXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | Reviewer Comment (2026-06-01): Received CDA. Exception
cleared. Seller Comment (2026-05-29): Comment from XXXX (XXXX): Clear Capital Report Reviewer Comment (2026-05-21): Received UCDP from XXXX and XXXX without a Risk Score. Please provide a secondary valuation for securitization purposes. Exception remains. Seller Comment (2026-05-21): Comment from XXXX (XXXX): UCDP Fannie and Freddie Reviewer Comment (2026-05-21): A valid UCDP Score was not provided. Secondary Valuation required. Exception remains. Seller Comment (2026-05-21): Comment from XXXX (XXXX): Collateral Tracking |
06/01/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | MO | Investment | Purchase | D | A | A | A | D | A | N/A | No | |||||||||||||||
| XXXXXX | 4000126332 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of Appraisal is missing. | Reviewer Comment (2026-05-18): Accepted as is. |
05/18/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | MD | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000126332 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of Appraisal is missing. | Reviewer Comment (2026-05-18): Accepted as is. |
05/18/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | MD | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000126332 | XXXXXX | XXXXXX | Compliance | Compliance | State Compliance | Misc. State Level | Maryland Counseling Agencies Disclosure Not in File | Maryland HB1399 - No evidence of required counseling disclosure language per Maryland HB 1399. | Maryland HB1399 - No evidence of required counseling disclosure language per Maryland HB 1399. | Reviewer Comment (2026-05-18): Accepted as is. |
05/18/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | MD | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000124108 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided. | Reviewer Comment (2026-05-18): Accepted as is. |
05/18/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | PA | Investment | Purchase | B | B | A | A | B | B | A | A | N/A | N/A | No | ||||||||||
| XXXXXX | 4000124108 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-05-22): Cleared based on review coming
back within tolerances |
05/22/2026 | No | 1 | A | A | A | A | A | PA | Investment | Purchase | B | B | A | A | B | B | A | A | N/A | N/A | No | |||||||||||||||||
| XXXXXX | 4000126085 | XXXXXX | XXXXXX | Credit | Guideline | Guideline Issue | Guideline | Aged document: Asset Account date is more than 90 days prior to Closing. | - | Provided bank statement is over 120 days old. | Reviewer Comment (2026-06-12): Received, Clearing. Seller Comment (2026-06-12): Comment from XXXX (XXXX): Transaction History Reviewer Comment (2026-06-09): Retirement account required to meet reserve requirements. A transaction summary within 120 days would be acceptable Reviewer Comment (2026-06-09): Reopened Reviewer Comment (2026-06-09): Retirement account is not required to qualify Seller Comment (2026-06-09): Comment from XXXX (XXXX): Processor Cert - statements sent semi-annually. |
06/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MN | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||
| XXXXXX | 4000123969 | XXXXXX | XXXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
The Preliminary title policy is within XXXX does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2026-05-18): Accepted as is. |
05/18/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Purchase | B | B | B | B | A | A | A | A | N/A | N/A | No | ||||||||||
| XXXXXX | 4000126660 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-05-22): Cleared based on review coming
back within tolerances |
05/22/2026 | No | 1 | A | A | A | A | A | VA | Investment | Purchase | A | A | A | A | A | A | N/A | No | ||||||||||||||||||||
| XXXXXX | 4000125199 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Borrower waived the right to receive a copy of the appraisal at least three (3) business days prior to closing, and the appraisal was not provided at or before closing. | Reviewer Comment (2026-05-18): Accepted as is. |
05/18/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000123884 | XXXXXX | XXXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal is missing. Sec ID: 1 | The file was missing a copy of 1025. | Reviewer Comment (2026-05-19): Received Appraisal. Exception
cleared. Seller Comment (2026-05-19): Comment from XXXX (XXXX): 1025 and 1004D |
05/19/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Investment | Purchase | D | A | D | A | D | A | N/A | No | ||||||||||||||
| XXXXXX | 4000123884 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected. | Exception due to missing appraisal. | Reviewer Comment (2026-05-22): Appraisal received reflecting no
damage Seller Comment (2026-05-22): Comment from XXXX (XXXX): Appraisal |
05/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Purchase | D | A | D | A | D | A | N/A | No | ||||||||||||||
| XXXXXX | 4000123884 | XXXXXX | XXXXXX | Credit | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal not provided | The file was missing a copy of 1025. | Reviewer Comment (2026-05-22): 1025 received with rent
schedule |
05/22/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Investment | Purchase | D | A | D | A | D | A | N/A | No | ||||||||||||||
| XXXXXX | 4000123884 | XXXXXX | XXXXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Exception due to missing appraisal with market rent. | Reviewer Comment (2026-05-22): 1025 received with rent
schedule Reviewer Comment (2026-05-22): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Calculated Debt Service Coverage Ratio (Subject DSCR) of does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. |
05/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Purchase | D | A | D | A | D | A | N/A | No | ||||||||||||||
| XXXXXX | 4000123884 | XXXXXX | XXXXXX | Credit | Missing Document | General | Missing Document | Missing Document: 1007 Rent Comparison Schedule not provided | Reviewer Comment (2026-05-22): 1025 received with rent
schedule |
05/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Purchase | D | A | D | A | D | A | N/A | No | |||||||||||||||
| XXXXXX | 4000123884 | XXXXXX | XXXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | Reviewer Comment (2026-06-05): CDA, cleared Seller Comment (2026-06-05): Comment from XXXX (XXXX): UCD and SSRs Reviewer Comment (2026-05-27): Need a secondary valuation completed by a different appraiser or a UCDP with an acceptable risk score (<=2.5) Seller Comment (2026-05-27): Comment from XXXX (XXXX): Appraisal |
06/05/2026 | No | 1 | A | A | A | A | A | CA | Investment | Purchase | D | A | D | A | D | A | N/A | No | ||||||||||||||||||||
| XXXXXX | 4000126398 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver Test | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. | Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. | Reviewer Comment (2026-05-20): XXXXreceived initial CD. Seller Comment (2026-05-19): Comment from XXXX (XXXX): Initial CDs attached |
05/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | No Defined Cure | C | B | B | B | C | A | A | A | Non QM | Non QM | No | |||||||||
| XXXXXX | 4000126398 | XXXXXX | XXXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
Reviewer Comment (2026-05-18): Accepted as is. |
05/18/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | B | B | C | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000125431 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Excessive overdrafts/NSF in accounts belonging to XXXX bank statements used for income. Account has 5 separate overdraft occurrences on XXXX, XXXX, XXXX, XXXX and XXXX, which exceeds the max 3 allowed in the most recent 12 months since there are occurrences within 3 months. | Borrower has been employed in the same industry for more than 5
years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. The qualifying DTI on the loan is at least 10% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-05-19): Client elected to waive/regrade
with compensating factors. Lender exception provided. |
05/19/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | A | A | A | A | Non QM | Non QM | No | |||||||||
| XXXXXX | 4000127755 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Borrower has no primary residence or housing expense. | Borrower's monthly reserves have been verified and exceed the
amount required based on the guidelines by at least 4 months. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-05-18): Client elected to waive/regrade
with compensating factors. Lender exception provided. |
05/18/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | N/A | No | ||||||||||||
| XXXXXX | 4000127755 | XXXXXX | XXXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
Preliminary Title Report does not list Title policy coverage amount. | Reviewer Comment (2026-05-18): Accepted as is. |
05/18/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | N/A | No | |||||||||||||
| XXXXXX | 4000127247 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Reviewer Comment (2026-05-19): Accepted as is. |
05/19/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Exempt from ATR | No | |||||||||||
| XXXXXX | 4000127247 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $XXXX exceeds tolerance of $XXXX. | Reviewer Comment (2026-06-02): XXXX Received Letter of
Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD. Seller Comment (2026-06-01): Comment from XXXX (XXXX): See PCCD Reviewer Comment (2026-05-22): XXXXthe preliminary CD received is not valid COC in order to fee re-baseline. Please provide documentation of the reason for the increase in the transfer taxes. What information was received that required the increase in the fee and when was that information received or Cure would be due to borrower. Seller Comment (2026-05-21): Comment from XXXXXXXXX XXXXXXXX (XXXXXXXXX XXXXXXXX): Please see attached LOX Reviewer Comment (2026-05-21): XXXXreceived COC dated XXXX for adding transfer tax based on new information received but as per file the purchase contract was made on XXXX. If there received a new information regarding transfer tax please provide supporting documents to validate the same or cure would be required. Seller Comment (2026-05-19): Comment from XXXX (XXXX): See attached COC |
XXXXX | No | 2 | C | B | C | B | C | B | C | B | C | B | NY | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | A | A | C | B | A | A | Non QM | Exempt from ATR | Yes | |||||||||
| XXXXXX | 4000124455 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | 1. This file contains delayed financing, and we meet all
requirements for that. 2. For the appraisal, commentary was received
regarding the comp. They said comp 1 was used due to its similar location,
age, and recent sale. The subject is in a small town and tends to have
long-term owners; therefore, few comps are available to choose from. Comp 1
has a roof that is at the end of its useful life, a dated kitchen, wood
paneling, a one-car garage versus the subject's two-car garage, and a similar
lot to the subject. Overall, they said it is inferior to the subject. 2. Guidelines state that a refinance transaction will require proof of the borrower's rental income. |
Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | SitusAMC | Reviewer Comment (2026-05-19): Lender exception approved |
05/19/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | CO | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | N/A | No | ||||||||||||
| XXXXXX | 4000126187 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | No cure was provided to the borrower. | Reviewer Comment (2026-05-18): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | A | A | A | A | A | MI | Second Home | Purchase | Final CD evidences Cure | A | A | A | A | A | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000126187 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | No cure was provided to the borrower. | Reviewer Comment (2026-05-18): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | A | A | A | A | A | MI | Second Home | Purchase | Final CD evidences Cure | A | A | A | A | A | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000127225 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Borrower waived the right to receive a copy of the appraisal at least three (3) business days prior to closing, and the appraisal was not provided at or before closing. | Reviewer Comment (2026-05-19): Accepted as is. |
05/19/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000127225 | XXXXXX | XXXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Donor Check not provided | Donor check/wire confirmation for $XXXX gift was not found in file. | Reviewer Comment (2026-05-19): Received Wire Confirmation and
Deposit receipt for gift funds of $XXXX. Exception cleared. Seller Comment (2026-05-19): Comment from Post Closing (XXXX): See attached |
05/19/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000127225 | XXXXXX | XXXXXX | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy effective date is after the funds disbursed. | Hazard Insurance Policy Effective Date ___; Disbursement Date: ___; Note Date: ___; Transaction Date: ___ | Updated as provided source document. | Reviewer Comment (2026-05-21): As per PCCD received,
Disbursement Date is XXXX. Hazard Insurance Policy Effective Date is same as
the Disbursement Date. Exception cleared. Seller Comment (2026-05-20): Comment from Post Closing (XXXX): See attached |
05/21/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000126512 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided | Operating Agreement is missing. | Reviewer Comment (2026-05-21): Received Operating Agreement.
Exception cleared. Seller Comment (2026-05-21): Comment from XXXX (XXXX): Operating Agreement |
05/21/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OR | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000126512 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Employer Identification Number (EIN) not provided | Employer Identification Number (EIN) document was not found in file. | Reviewer Comment (2026-05-21): Received Employer Identification
Number (EIN). Exception cleared. Seller Comment (2026-05-21): Comment from XXXX (XXXX): Employer Identification Number (EIN) |
05/21/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OR | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000126512 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The Note must have two signature lines for each member. The first signed as an individual and the second line signed as a member. | Reviewer Comment (2026-06-02): Received, Clearing. Seller Comment (2026-06-01): Comment from XXXX (XXXX): Copy of corrected Note Allonge and collateral tracking |
06/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OR | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000127703 | XXXXXX | XXXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
Reviewer Comment (2026-05-19): Accepted as is. |
05/19/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000127703 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | No primary residence or housing expense. | Borrower's monthly reserves have been verified and exceed the
amount required based on the guidelines by at least 4 months. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-05-19): Client elects to waive with
compensating factors |
05/19/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | N/A | No | ||||||||||||
| XXXXXX | 4000127122 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan Designation discrepancy due to residual income amount is lower than the amount required per the guidelines (XXXX). | Reviewer Comment (2026-05-20): After additional review, residual
income meets guidelines |
05/20/2026 | No | 1 | B | A | C | A | B | A | C | A | B | A | WA | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation | C | A | C | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000127122 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay - Residual Income: Investor and Non QM vs Guidelines | Ability to Repay (Dodd-Frank 2014): Investor's calculated residual income amount (XXXX) and calculated Non QM residual amount (XXXX) are both lower than the amount required per the guidelines (XXXX). | Investor's calculated residual income amount (XXXX) and calculated Non QM residual amount (XXXX) are both lower than the amount required per the guidelines (XXXX). | Reviewer Comment (2026-05-20): After additional review, residual
income meets guidelines Seller Comment (2026-05-20): Comment from XXXX (XXXX): Residual Income Calculator attached est XXXX. Please clear or provide your calcs/differences compared to ours for the discrepancy. |
05/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000127122 | XXXXXX | XXXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Investor Qualifying Residual income discrepancy. | Calculated investor qualifying disposable income of $XXXX is less than AUS required disposable income of $XXXX. | Reviewer Comment (2026-05-20): After additional review, residual
income meets guidelines |
05/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000125953 | XXXXXX | XXXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Missing account statement for a/c ending in XXXX, as listed on 1003. | Reviewer Comment (2026-05-19): Additional account provided.
Cleared. Seller Comment (2026-05-19): Comment from XXXX (XXXX): Bank statement for acct XXXX |
05/19/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | IL | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000125953 | XXXXXX | XXXXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Missing account statement for a/c ending in XXXX, as listed on 1003. | Reviewer Comment (2026-05-19): Additional account provided.
Cleared. Seller Comment (2026-05-19): Comment from XXXX (XXXX): Bank statement for acct XXXX |
05/19/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | IL | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000125953 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-05-22): Cleared based on review coming
back within tolerances |
05/22/2026 | No | 1 | A | A | A | A | A | IL | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||||||||
| XXXXXX | 4000127737 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-05-22): Cleared based on review coming
back within tolerances |
05/22/2026 | No | 1 | A | A | A | A | A | AZ | Investment | Purchase | A | A | A | A | A | A | N/A | No | ||||||||||||||||||||
| XXXXXX | 4000125090 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-05-19): Accepted as is. |
05/19/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000125318 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Per guidelines, all interested persons' signatures are required in the Security Instrument. Please provide updated security instrument signed by guarantor XXXX. | Reviewer Comment (2026-05-20): Entity certificate received
reflecting authorized signer is XXXX Seller Comment (2026-05-20): Comment from XXXX (XXXX): Please see uploaded executed entity certificates. XXXX is named as the authorized signer for the borrowing entity. |
05/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000125340 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-05-27): Clearing based on review coming
back within tolerances. |
05/27/2026 | No | 1 | A | A | A | A | A | CA | Investment | Purchase | A | A | A | A | A | A | N/A | No | ||||||||||||||||||||
| XXXXXX | 4000127504 | XXXXXX | XXXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
The Title Commitment or Preliminary Title Policy amount is blank. | Reviewer Comment (2026-05-19): Accepted as is. |
05/19/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | A | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000123195 | XXXXXX | XXXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Reviewer Comment (2026-05-20): Accepted as is. |
05/20/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Refinance - Cash-out - Other | C | B | B | B | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000123195 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $XXXX exceeds tolerance of $-XXXX. Insufficient or no cure was provided to the borrower. | Insufficient or no cure was provided | Reviewer Comment (2026-06-09): XXXXreceived Corrected PCCD,
Letter of Explanation, Proof of Delivery and Copy of Refund Check resulting
in a cured the exception. Seller Comment (2026-06-08): Comment from XXXX (XXXX): Refund provided for lender credit tolerance cure; no refund required for Tax Cert Fee as this is a Section C title fee. Reviewer Comment (2026-06-05): XXXXreceived Post CD,LOX,Copy of refund check and proof of mailing for $XXXX. The Following correction required in order to cure the exceptions 1.Post CD needs to be updated with lender credit of $XXXX on page 1 and page 2 under section J as per the copy of refund check received. 2.Also, the LOX provided is incorrect since the cure required is for Loan discount point, Lender credit and Tax certificate fee for $XXXX 3.The Total cure required in order to cure all the Loan discount point, Lender credit and Tax certificate fee is $XXXX whereas the cure received is $XXXX which is insufficient. Therefore, kindly provide additional cure of $XXXX along with cure documents Post CD,LOX,Copy of refund check and proof of mailing. Seller Comment (2026-06-04): Comment from XXXX (XXXX): PCCD/refund |
XXXXX | No | 2 | C | B | C | B | C | B | C | B | C | B | TX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | B | B | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000123195 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Insufficient or no cure was provided | Reviewer Comment (2026-06-09): XXXXreceived Corrected PCCD,
Letter of Explanation, Proof of Delivery and Copy of Refund Check resulting
in a cured the exception. Seller Comment (2026-06-08): Comment from XXXX (XXXX): Refund provided for discount point tolerance cure; no refund required for Tax Cert Fee as this is a Section C title fee. Reviewer Comment (2026-06-05): XXXXreceived Post CD,LOX,Copy of refund check and proof of mailing for $XXXX. The Following correction required in order to cure the exceptions 1.Post CD needs to be updated with lender credit of $XXXX on page 1 and page 2 under section J as per the copy of refund check received. 2.Also, the LOX provided is incorrect since the cure required is for Loan discount point, Lender credit and Tax certificate fee for $XXXX 3.The Total cure required in order to cure all the Loan discount point, Lender credit and Tax certificate fee is $XXXX whereas the cure received is $XXXX which is insufficient. Therefore, kindly provide additional cure of $XXXX along with cure documents Post CD,LOX,Copy of refund check and proof of mailing. Seller Comment (2026-06-04): Comment from XXXX (XXXX): PCCD/refund |
XXXXX | No | 2 | C | B | C | B | C | B | C | B | C | B | TX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | B | B | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000123195 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Tax Certificate Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Insufficient or no cure was provided | Reviewer Comment (2026-06-09): XXXXreceived Letter of
explanation and Corrected Closing disclosure. Seller Comment (2026-06-08): Comment from XXXX (XXXX): The Tax Certificate Fee in Section C is a title fee and is subject to good faith tolerance; no cure required. Reviewer Comment (2026-06-05): XXXXreceived Post CD,LOX,Copy of refund check and proof of mailing for $XXXX. The Following correction required in order to cure the exceptions 1.Post CD needs to be updated with lender credit of $XXXX on page 1 and page 2 under section J as per the copy of refund check received. 2.Also, the LOX provided is incorrect since the cure required is for Loan discount point, Lender credit and Tax certificate fee for $XXXX 3.The Total cure required in order to cure all the Loan discount point, Lender credit and Tax certificate fee is $XXXX whereas the cure received is $XXXX which is insufficient. Therefore, kindly provide additional cure of $XXXX along with cure documents Post CD,LOX,Copy of refund check and proof of mailing. Seller Comment (2026-06-04): Comment from XXXX (XXXX): uploaded PCCD which reflects Tax Cert Fee as a title fee Reviewer Comment (2026-06-02): XXXXTax Cert fee added on Initial CD without valid COC. Fee will be considered under 0% tolerance as this is not a title fee. A valid Changed Circumstance or cure is required. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check. Seller Comment (2026-06-01): Comment from XXXX (XXXX): uploaded LOE concerning fee and tolerance. Please assist. |
06/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | B | B | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000128021 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-05-28): Cleared based on review coming
back within tolerances Reviewer Comment (2026-05-28): Reopened Reviewer Comment (2026-05-26): Clearing based on review coming back within tolerances. |
05/28/2026 | No | 1 | A | A | A | A | A | FL | Investment | Refinance - Rate/Term | A | A | A | A | A | A | N/A | No | ||||||||||||||||||||
| XXXXXX | 4000124729 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | No current housing history - Landlord dispute | Borrower has been employed in the same industry for more than 5
years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-05-20): Lender exception approved |
05/20/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Purchase | B | B | B | B | A | A | A | A | N/A | N/A | No | |||||||||
| XXXXXX | 4000125679 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | Reviewer Comment (2026-05-20): Accepted as is. |
05/20/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | AL | Second Home | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000125679 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-05-20): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | A | A | A | A | A | AL | Second Home | Purchase | Final CD evidences Cure | C | B | C | A | C | B | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXXX | 4000125679 | XXXXXX | XXXXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Verification(s) of employment is not within 10 business days of the Note. | - | Verification(s) of employment is not within 10 business days of the Note. | Reviewer Comment (2026-06-10): Received 10 day VVOE Seller Comment (2026-06-10): Comment from XXXX (XXXX): This telephone verification was in the file dated XXXX but it was not properly indexed so it did not show up in the delivery package. Reviewer Comment (2026-06-04): Per guidelines, A Verbal Verification of Employment (VVOE) must be performed within ten (10) calendar days prior to the funding date. VVOE received was completed XXXX. Exception remains Seller Comment (2026-06-03): Comment from XXXX (XXXX): VVOE (TWN) |
06/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AL | Second Home | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000125679 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | General Ability to Repay Provision: Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Verification(s) of employment is not within 10 business days of the Note. | Reviewer Comment (2026-06-10): Received 10 day VVOE Seller Comment (2026-06-10): Comment from XXXX (XXXX): This telephone verification was in the file dated XXXX but it was not properly indexed so it did not show up in the delivery package. Reviewer Comment (2026-06-04): Per guidelines, A Verbal Verification of Employment (VVOE) must be performed within ten (10) calendar days prior to the funding date. VVOE received was completed XXXX. Exception remains Seller Comment (2026-06-03): Comment from XXXX (XXXX): VVOE (TWN) |
06/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AL | Second Home | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000125679 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of XXXX does not match Due Diligence Loan Designation of XXXX. | Reviewer Comment (2026-06-10): Received 10 day VVOE Seller Comment (2026-06-10): Comment from XXXX (XXXX): This telephone verification was in the file dated XXXX but it was not properly indexed so it did not show up in the delivery package. Reviewer Comment (2026-06-04): Per guidelines, A Verbal Verification of Employment (VVOE) must be performed within ten (10) calendar days prior to the funding date. VVOE received was completed XXXX. Exception remains Buyer Comment (2026-06-03): Comment from XXXX (XXXX): Will the VVOE uploaded to the other conditions clear this QM/ATR condition as well? If not, can you please clarify what is needed here? |
06/10/2026 | No | 1 | B | A | C | A | B | A | C | A | B | A | AL | Second Home | Purchase | Lender to provide updated ATR/QM Loan Designation | C | B | C | A | C | B | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXXX | 4000127951 | XXXXXX | XXXXXX | Credit | Income / Employment | Income Documentation | Income / Employment | The verification of employment is required and was not found in file. | - | The verification of employment is required and was not found in file. | Reviewer Comment (2026-05-21): Received, cleared |
05/21/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000127951 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of XXXX does not match Due Diligence Loan Designation of XXXX. | Originator Loan Designation of XXXX does not match Due Diligence Loan Designation of XXXX. | Reviewer Comment (2026-05-21): Received 10 day VVOE |
05/21/2026 | No | 1 | B | A | C | A | B | A | C | A | B | A | CA | Primary | Purchase | Lender to provide updated ATR/QM status | C | B | C | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000127951 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Employment - W-2 | Ability to Repay (Dodd-Frank 2014): Unable to verify current Wages/W-2 employment status using reasonably reliable third-party records. | Unable to verify current Wages/W-2 employment status using reasonably reliable third-party records. | Reviewer Comment (2026-05-21): Received 10 day VVOE Seller Comment (2026-05-21): Comment from XXXX (XXXX): VOE |
05/21/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000127951 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | General Ability to Repay Provision: Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Reviewer Comment (2026-05-21): Received 10 day VVOE |
05/21/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000127951 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. | General Ability-to-Repay requirements not satisfied. | Reviewer Comment (2026-05-21): Received 10 day VVOE |
05/21/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000127951 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | RESPA | RESPA - Initial Escrow Account Statement Missing | RESPA: Initial escrow account statement was not provided to the borrower. | Initial escrow account statement was not provided to the borrower. | Reviewer Comment (2026-05-20): Accepted as is. |
05/20/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000127951 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Reviewer Comment (2026-05-20): Accepted as is. |
05/20/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000126316 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lenser exception in file for use of cryptocurrency as asset qualifier. Locked prior to new guideline changes. Using XXXX. | Borrower has verified disposable income of at least $2500.00. Borrower's monthly mortgage payment has decreased by at least 20%. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-05-20): Lender exception approved |
05/20/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | CO | Primary | Purchase | B | B | B | B | A | A | A | A | Non QM | Non QM | No | |||||||||
| XXXXXX | 4000125483 | XXXXXX | XXXXXX | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2026-06-04): Final title, cleared |
06/04/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | HI | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000125483 | XXXXXX | XXXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy does not reflect a coverage amount (no final title policy in file). Unable to determine if appropiate coverage is provided. | The Preliminary Title Policy is within Hi and does not reflect a coverage amount (no Final Title Policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2026-06-04): Final title, cleared Seller Comment (2026-06-04): Comment from XXXX (XXXX): XX RF please see attached |
06/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | HI | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000126345 | XXXXXX | XXXXXX | Credit | Missing Document | General | Missing Document | Missing Document: 1007 Rent Comparison Schedule not provided | 1007 Rent Comparison Schedule is missing. | Reviewer Comment (2026-06-02): Received Comparable Rent
Schedule. Exception cleared. Seller Comment (2026-06-02): Comment from XXXX (XXXX): 1007 |
06/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NC | Investment | Purchase | D | B | D | B | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000126345 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Guarantor Agreement not provided | Guarantor Agreement is missing. | Reviewer Comment (2026-06-08): Received Guarantor Agreement.
Exception cleared. Seller Comment (2026-06-08): Comment from XXXX (XXXX): guaranty |
06/08/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | NC | Investment | Purchase | D | B | D | B | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000126345 | XXXXXX | XXXXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Missing 1007 market rents | Reviewer Comment (2026-06-02): Received Comparable Rent
Schedule. Exception cleared. Seller Comment (2026-06-02): Comment from XXXX (XXXX): exception |
06/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NC | Investment | Purchase | D | B | D | B | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000126345 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Agricultural zoned properties may be considered on a case-by-case basis and will require an investor exception approval, subject to an LLPA. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | SitusAMC | Reviewer Comment (2026-06-02): Client exception received. Seller Comment (2026-06-02): Comment from XXXX (XXXX): exception |
06/02/2026 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | NC | Investment | Purchase | D | B | D | B | A | A | N/A | No | ||||||||||||
| XXXXXX | 4000124019 | XXXXXX | XXXXXX | Compliance | Compliance | State Compliance | State Defect | Illinois SB 1894 | IL Predatory Lending Database Program (SB 1894) - Certificate of Compliance or Exemption not attached to mortgage for recording. | Certificate of Compliance or Exemption not attached to mortgage for recording. | Reviewer Comment (2026-05-22): Received, Clearing. Seller Comment (2026-05-22): Comment from XXXX (XXXX): attached |
05/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | IL | Primary | Purchase | C | A | A | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000127955 | XXXXXX | XXXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Donor Check not provided | Missing donor check in the amount of $XXXX. | Reviewer Comment (2026-05-21): Received Donor Check. Exception
cleared. Seller Comment (2026-05-21): Comment from XXXX (XXXX): attached |
05/21/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000125566 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | 1003/Declarations: D. 2. Have you or will you be applying for any new credit (e.g., installment loan, credit card, etc.) on or before closing this loan that is not disclosed on this application? was entered Yes. Unable to determine qualification without this information. | - | 1003/Declarations: D. 2. Have you or will you be applying for any new credit (e.g., installment loan, credit card, etc.) on or before closing this loan that is not disclosed on this application? was entered Yes. | Reviewer Comment (2026-05-21): New credit explained, cleared Seller Comment (2026-05-21): Comment from XXXX (XXXX): LOXs for credit apps |
05/21/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | IL | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000127751 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of Appraisal is missing. | Reviewer Comment (2026-05-26): Accepted as is. |
05/26/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Investment | Purchase | B | B | A | A | B | B | A | A | N/A | N/A | No | ||||||||||
| XXXXXX | 4000125980 | XXXXXX | XXXXXX | Credit | Insurance | Insurance Documentation | Insurance | Missing Document: Flood Insurance Policy not provided | Reviewer Comment (2026-06-01): Received Flood Insurance Policy.
Exception cleared. Seller Comment (2026-06-01): Comment from XXXX (XXXX): Flood Insurance |
06/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000125980 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Unsigned Lender exception form and attached email received for
exception approval for borrower living rent-free, however, lender exception
form is not executed. Compensating factors include Reserves exceed minimum requirement. |
Reviewer Comment (2026-06-17): Rent free letter in the file,
client exception is N/A Reviewer Comment (2026-06-16): Exception approval should come from the buyer. Please submit the request to OB seller portal. Exception remains. Seller Comment (2026-06-16): Comment from XXXX (XXXX): Email confirmation of exception approval Reviewer Comment (2026-06-12): Soft XXXX guidelines must be followed as well. Buyer Comment (2026-06-12): Comment from XXXX (XXXX): Please provide XXXX guideline that borrower living rent free with mother is violating. Reviewer Comment (2026-06-11): The violation is living rent free with mother. Buyer Comment (2026-06-11): Comment from XXXX (XXXX): I think there is some confusion here. Please clarify what XXXX gudelines we violated, as there were none. This was simply our own internal exception, not to do with XXXX guidelines. No excdeption were submitted by us to XXXX; it was all internal. Since no guidelines were violated, this condition needs to be cleared please. Reviewer Comment (2026-06-08): Exception approval should come from the buyer. Please submit the request to OB seller portal. Exception remains. Buyer Comment (2026-06-08): Comment from XXXX (XXXX): Internal exception approved, please advise what documentation is needed to clear. |
06/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000129091 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal delivered to borrower was not provided. | Reviewer Comment (2026-05-22): Client elects to waive |
05/22/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000129091 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Total Of Payments | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an inaccurate Total of Payments on page 5 that does not match the actual total of payments for the loan (fee amounts included in TOP calculation are based on Closing Disclosure dated XXXX). The disclosed Total of Payments in the amount of $XXXX is under disclosed by $XXXX compared to the calculated total of payments of $XXXX which exceeds the $XXXX threshold. | Notary fees of $XXXX were added to the PCCD | Reviewer Comment (2026-06-02): XXXXreceived PCCD, LOE, Copy of
Refund Check and Proof of Mailing. Seller Comment (2026-06-01): Comment from XXXX (XXXX): Hello, please see attached, thank you. |
XXXXX | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed equivalent amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000127519 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided | Reviewer Comment (2026-05-21): Accepted as is. |
05/21/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000127519 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided | Reviewer Comment (2026-05-21): Accepted as is. |
05/21/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000127519 | XXXXXX | XXXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
Reviewer Comment (2026-05-21): Accepted as is. |
05/21/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | B | B | B | B | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000126883 | XXXXXX | XXXXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Reviewer Comment (2026-05-26): Received, Clearing. Seller Comment (2026-05-26): Comment from XXXX (XXXX): HUD from 1951 |
05/26/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | IL | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000126883 | XXXXXX | XXXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Reviewer Comment (2026-05-26): Received, Clearing. Seller Comment (2026-05-26): Comment from XXXX (XXXX): Reserves |
05/26/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | IL | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000126883 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-05-28): Clearing based on review coming
back within tolerances. |
05/28/2026 | No | 1 | A | A | A | A | A | IL | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||||||||
| XXXXXX | 4000126594 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Property is ineligible per Section XXXX Ineligible Properties XXXX. | Borrower's monthly reserves have been verified and exceed the
amount required based on the guidelines by at least 4 months. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-05-21): Client elected to waive/regrade
with compensating factors. Lender exception provided. |
05/21/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | NC | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||
| XXXXXX | 4000126594 | XXXXXX | XXXXXX | Credit | Insurance | Insurance Documentation | Insurance | Rent loss insurance is required on all properties and there is no evidence of this insurance in the file. | Rent loss insurance for the subject property is required and must equal at least six (6) months of local average monthly rents. | Reviewer Comment (2026-05-28): 6 months rent loss insurance
received Seller Comment (2026-05-28): Comment from XXXX (XXXX): misc |
05/28/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NC | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000125932 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Reviewer Comment (2026-05-21): Accepted as is. |
05/21/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | OH | Investment | Purchase | B | B | A | A | B | B | A | A | Non QM | N/A | No | ||||||||||
| XXXXXX | 4000125932 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to applicant within three (3) business days of application or determination of first lien status. | Creditor did not provide "Right to Receive a Copy" appraisal disclosure to applicant within three (3) business days of application or determination of first lien status. | Reviewer Comment (2026-05-21): Accepted as is. |
05/21/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | OH | Investment | Purchase | B | B | A | A | B | B | A | A | Non QM | N/A | No | ||||||||||
| XXXXXX | 4000123570 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided. | Reviewer Comment (2026-05-22): Client elects to waive |
05/22/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | NC | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000123570 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus XXXX% or $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | XXXX% tolerance was exceeded by $XXXX due to addition of Second Appraisal Fee. No valid COC provided, cure provided at closing. | Reviewer Comment (2026-06-10): XXXXReceived Corrected PCCD and
LOE moving title fees to section C. Seller Comment (2026-06-09): Comment from Purchasing Team (XXXX): Please see attached PCCD and LOE with title fees moved to section C. Reviewer Comment (2026-06-08): XXXXreceived rebuttal .However, we would require title fees to be moved from B to Section C along with Post CD and LOX in order to clear the exception. Buyer Comment (2026-06-04): Comment from Purchasing Team (XXXX): The reason the title company is shown in Section B is the title company on the Provider List is a company that is over 3 hours from property. Did you still want us to move the charges to Section C? Reviewer Comment (2026-06-01): XXXXreceived rebuttal comment and as per SSPL and final CD the title fees seems to be chosen by borrower but the final CD and post CDs are not disclosed as per the service selected. Title fees are disclosed under section B borrower did not shop for section while they should be disclosed under section C borrower did shop for. Please provide corrected PCCD and LOE to borrower. Seller Comment (2026-05-28): Comment from Purchasing Team (XXXX): Please see the attached PCCD. The title fees are in section C and they are not subject to the 10% tolerance rule. The only fees subject to the 10% rule is the recording fee. |
06/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NC | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000123570 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | $XXXX Second Appraisal Fee was not disclosed on Loan Estimate. File does not contain a valid COC for this fee; cure provided at closing. | Reviewer Comment (2026-06-01): Cured at closing or within 60
days of consummation prior to TPR review Buyer Comment (2026-05-28): Comment from Purchasing Team (XXXX): The borrower received the $XXXX cure at closing for the 2nd appraisal fee. Please waive this condition. |
XXXXX | No | 2 | C | B | C | B | C | B | C | B | C | B | NC | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000123570 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-06-10): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | NC | Primary | Purchase | Final CD evidences Cure | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||||||||
| XXXXXX | 4000124109 | XXXXXX | XXXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | The file did not contain an estimated cost to replace from insurer. Calculations are based on XXXX% of the insurable value of the improvements (from appraiser cost provided or if no appraiser cost, the purchase price) using agency calculation methods. Coverage is insufficient by $XXXX | Reviewer Comment (2026-05-22): Insurance policy reflects
replacement cost which is acceptable per FNMA Seller Comment (2026-05-22): Comment from XXXX (XXXX): XXXX SA: Please see the attached guidelines showing the replacement cost its not needed. Its only needed If the subject property is located in a Special Flood Hazard Area. |
05/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | KY | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000126252 | XXXXXX | XXXXXX | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | - | Reviewer Comment (2026-05-27): Fraud report, cleared Seller Comment (2026-05-27): Comment from XXXX (XXXX): XXXX |
05/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | IN | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000126252 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-05-21): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | A | A | A | A | A | IN | Primary | Purchase | Final CD evidences Cure | C | A | C | A | A | A | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXXX | 4000123827 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-05-27): Clearing based on review coming
back within tolerances. |
05/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000123827 | XXXXXX | XXXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Legal Description not provided | The file is missing a copy of Legal Description. | Reviewer Comment (2026-05-26): Received Legal Description.
Exception cleared. Seller Comment (2026-05-26): Comment from XXXX (XXXX): recorded mortgage with legal |
05/26/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000123827 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception for DSCR < XXXX for first-time investor. Compensating factors include: borrower has prior management experience; current primary is owned XXXX; XXXX% own funds for down payment; XXXX FICO; 7 months reserves. | Borrower's monthly reserves have been verified and exceed the
amount required based on the guidelines by at least 4 months. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |
SitusAMC SitusAMC |
Reviewer Comment (2026-05-22): Client elects to waive with
compensating factors |
05/22/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | FL | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||
| XXXXXX | 4000123827 | XXXXXX | XXXXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. | Loan amount $XXXX / Purchase Price $XXXX | Borrower's monthly reserves have been verified and exceed the
amount required based on the guidelines by at least 4 months. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |
SitusAMC SitusAMC |
Reviewer Comment (2026-06-01): Client elects to waive with
compensating factors Reviewer Comment (2026-05-28): A fully executed Lender Exception from XXXX is required to clear the exception. Exception remains. Buyer Comment (2026-05-28): Comment from XXXX (XXXX): This should not be necessary. LTV is calculated to three decimal places and XXXX guidelines to not indicate any alternative method for calculating LTV> Reviewer Comment (2026-05-26): An exception from the buyer of the loan is needed. Buyer Comment (2026-05-26): Comment from XXXX (XXXX): This should not be an issue. The difference is XXXX% of a percent, only ten cents off being XXXX% even. Can you please see if this can be waived? |
06/01/2026 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | FL | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||
| XXXXXX | 4000123827 | XXXXXX | XXXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___. | Loan amount $XXXX / Purchase Price $XXXX | Borrower's monthly reserves have been verified and exceed the
amount required based on the guidelines by at least 4 months. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |
SitusAMC SitusAMC |
Reviewer Comment (2026-06-01): Client elects to waive with
compensating factors Reviewer Comment (2026-05-26): An exception from the buyer of the loan is needed. Buyer Comment (2026-05-26): Comment from XXXX (XXXX): This should not be an issue. The difference is XXXX% of a percent, only ten cents off being XXXX% even. Can you please see if this can be waived? |
06/01/2026 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | FL | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||
| XXXXXX | 2000000616 | XXXXXX | XXXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Mortgage statement was not found in the file. | Reviewer Comment (2026-05-26): Received, Clearing. Buyer Comment (2026-05-26): the refinanced just closed - see attached CD - the house was free and clear. New mtg Buyer Comment (2026-05-26): The house is free and clear - the property is being refinanced and is not closed yet. see CD uploaded |
05/26/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 2000000616 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Borrower waived the right to receive a copy of the appraisal at least three (3) business days prior to closing, and the appraisal was not provided at or before closing. | Reviewer Comment (2026-05-21): Accepted as is. |
05/21/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 2000000616 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of XXXX% or Final Disclosure APR of XXXX% is equal to or greater than the threshold of APOR XXXX% + XXXX%, or XXXX%. Non-Compliant Higher Priced Mortgage Loan. | APR on subject loan of XXXX% or Final Disclosure APR of XXXX% is equal to or greater than the threshold of APOR XXXX% + XXXX%, or XXXX%. Non-Compliant Higher-Priced Mortgage Loan. | Reviewer Comment (2026-05-21): Received, Clearing. Buyer Comment (2026-05-21): What are you looking for to clear this. We knew it was a HPML, they have escrows. Under 2 mil. |
05/21/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 2000000616 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) | TILA HPML Appraisal Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of appraisal is missing. | Reviewer Comment (2026-05-21): Received, Clearing. |
05/21/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 2000000616 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Zero Percent Fee Tolerance was exceeded for Appraisal Re-Inspection Fee. Fee amount of $XXXX. | Reviewer Comment (2026-05-21): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | A | A | A | A | A | TX | Primary | Refinance - Cash-out - Other | Final CD evidences Cure | C | B | C | B | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 2000000616 | XXXXXX | XXXXXX | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Representative FICO score of ___ is less than Guideline representative FICO score of ___. | Representative FICO score of XXXX is less than Guideline representative FICO score of XXXX. Lender exception provided was not completed. | Borrower has been employed in the same industry for more than 5
years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. The qualifying DTI on the loan is at least 10% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-05-21): Client exception received. Buyer Comment (2026-05-21): Exception |
05/21/2026 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | TX | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | Non QM | Non QM | No | ||||||||
| XXXXXX | 2000000616 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | Reviewer Comment (2026-05-21): Accepted as is. |
05/21/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 2000000616 | XXXXXX | XXXXXX | Compliance | Compliance | State Compliance | State Defect | (TX50(a)(6)) Texas Cash-out Loan (TX Home Equity Disclosure/Notice Concerning Extensions of Credit Not Provided) | Texas Constitution Section 50(a)(6): Missing Revised Notice Concerning Extensions of Credit disclosure, however file includes a signed acknowledgment stating that the owner(s) received the Notice at least 12 days prior to closing. | Reviewer Comment (2026-05-27): Received disclosure signed
XXXX Reviewer Comment (2026-05-27): Reopened Reviewer Comment (2026-05-21): Accepted as is. |
05/27/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | TX | Primary | Refinance - Cash-out - Other | Refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. | C | B | C | B | C | B | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXXX | 2000000616 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | Reviewer Comment (2026-05-21): Accepted as is. |
05/21/2026 | No | 2 | B | B | B | B | B | TX | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | Non QM | Non QM | No | ||||||||||||||||
| XXXXXX | 4000127648 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-05-22): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Purchase | Final CD evidences Cure | A | A | A | A | A | A | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXXX | 4000128891 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure - 1026.19(f)(2) Cure | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower. | Sufficient cure provided at closing. | Reviewer Comment (2026-05-22): Sufficient Cure Provided within
60 Days of Closing |
XXXXX | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Purchase | Provide the following: Letter of Explanation notifying borrower or error, Copy of Refund Check/Evidence of Principal Reduction, Corrected CD, and Proof of Delivery (if refund is over $35) | A | A | A | A | A | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000128891 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-05-28): Clearing based on review coming
back within tolerances. |
05/28/2026 | No | 1 | A | A | A | A | A | CA | Primary | Purchase | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||||||
| XXXXXX | 4000126751 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-05-22): Client elects to waive |
05/22/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000126751 | XXXXXX | XXXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
The preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). | Reviewer Comment (2026-05-22): Client elects to waive |
05/22/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000126315 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-05-22): Client elects to waive |
05/22/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | UT | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000126315 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-05-22): Client elects to waive |
05/22/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | UT | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000126315 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus XXXX% or $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | No cure was provided to the borrower. | Reviewer Comment (2026-06-11): XXXXreceived detailed Letter of
Explanation, Proof of Delivery and Copy of Refund Check resulting in a cured
the exception. Seller Comment (2026-06-10): Comment from XXXX (XXXX): lox, refund, proof sent Reviewer Comment (2026-06-10): XXXXreceived COC. However, we would require a valid COC for the fee increased on CD dated XXXX for $XXXX or cure due to borrower. Cure documents consist of Post CD,LOX,Copy of refund check and proof of mailing. Seller Comment (2026-06-09): Comment from XXXX (XXXX): COC |
XXXXX | No | 2 | C | B | C | B | C | B | C | B | C | B | UT | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000126315 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | No cure was provided to the borrower. | Reviewer Comment (2026-06-09): Rate relock in file Seller Comment (2026-06-09): Comment from XXXX (XXXX): Coc |
06/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | UT | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000126630 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-05-28): Cleared based on review coming
back within tolerances Reviewer Comment (2026-05-28): Reopened Reviewer Comment (2026-05-26): Clearing based on review coming back within tolerances. |
05/28/2026 | No | 1 | A | A | A | A | A | FL | Investment | Refinance - Rate/Term | A | A | A | A | A | A | N/A | No | ||||||||||||||||||||
| XXXXXX | 4000126643 | XXXXXX | XXXXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Reviewer Comment (2026-05-27): Received Closing statement and
1031 exchange agreement. Wire confirmation confirms the source of funds of
$XXXX and 1031 Exchange proceeds included in assets. Hence Available for
Closing is sufficient to cover Cash From Borrower. Exception cleared. Seller Comment (2026-05-27): Comment from XXXX (XXXX): Hello, please see attached 1031 Exchange |
05/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000126643 | XXXXXX | XXXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Proceeds from Pending Sale of Real Estate not provided. | Reviewer Comment (2026-05-27): Received Closing statement and
1031 exchange agreement. Wire confirmation confirms the source of funds of
$XXXX and 1031 Exchange proceeds included in assets. Hence Available for
Reserves is sufficient to meet guideline reserves requirement. Exception
cleared. Seller Comment (2026-05-27): Comment from XXXX (XXXX): Hello, please see attached 1031 Exchange |
05/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000128558 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-05-22): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | A | A | A | A | A | FL | Primary | Purchase | Final CD evidences Cure | C | A | C | A | A | A | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXXX | 4000128558 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-05-28): Clearing based on review coming
back within tolerances. |
05/28/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXXX | 4000126584 | XXXXXX | XXXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | File did not contain an estimated cost to replace from the insurer. Calculations are based on XXXX% of the insurable value of the improvements (from appraiser cost provided or if no appraiser cost the purchase price) using agency calculation methods. Coverage is insufficient by $XXXX. | Reviewer Comment (2026-06-10): Received Replacement Cost
Estimator and the shortfall is covered. Exception cleared. Seller Comment (2026-06-10): Comment from XXXXX XXXX (XXXX XXXX XXX): attached Reviewer Comment (2026-06-04): Replacement cost estimator is required to clear the exception. Exception remains. Seller Comment (2026-06-04): Comment from XXXX XXXXX (XXXX XXXX XXX): attached |
06/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CT | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000126609 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-05-28): Clearing based on review coming
back within tolerances. |
05/28/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | PA | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000127160 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-05-26): Accepted as is. |
05/26/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000125983 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | COC for increase in discount points on the XXXX closing disclosure | Reviewer Comment (2026-05-27): Situamc Received Valid COC along
with revised CD dated XXXX. Seller Comment (2026-05-26): Comment from XXXX XXXXXX (XXXXXX XXXX): COC |
05/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MA | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000125983 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Insufficient or no cure was provided to the borrower. | Reviewer Comment (2026-05-26): Cured at closing or within 60
days of consummation prior to TPR review |
XXXXX | No | 2 | C | B | C | B | C | B | C | B | C | B | MA | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000125983 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-05-27): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | MA | Primary | Purchase | Final CD evidences Cure | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||||||||
| XXXXXX | 4000126073 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of XXXX% or Final Disclosure APR of XXXX% is equal to or greater than the threshold of APOR XXXX% + XXXX%, or XXXX%. Non-Compliant Higher Priced Mortgage Loan. | Reviewer Comment (2026-05-27): Appraisal provided. Cleared. |
05/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | GA | Primary | Purchase | D | B | D | A | C | B | D | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000126073 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | Federal HPML | TIL Higher Priced Mortgage Loan Safe Harbor Test | TILA HPML appraisal Rule (Dodd-Frank 2014): Safe Harbor requirements not satisfied. | Reviewer Comment (2026-05-26): Accepted as is. |
05/26/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | GA | Primary | Purchase | D | B | D | A | C | B | D | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000126073 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | Federal HPML | TIL HPML Appraisal Not Obtained Prior to Closing Test | Unable to determine compliance with timely delivery of valuation to borrower due to missing information. | Appraisal not provided. | Reviewer Comment (2026-05-27): Appraisal provided. Cleared. Seller Comment (2026-05-27): Comment from XXXX (XXXX): APPRAISAL AND APPRAISAL ACKNOWLEDGEMENT |
05/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | GA | Primary | Purchase | D | B | D | A | C | B | D | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000126073 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Appraisal - Did Not Physically Visit) | TILA HPML Appraisal Rule (Dodd-Frank 2014): Appraisal not performed by a certified or licensed appraiser who conducted a physical visit to the property. | Appraisal not provided. | Reviewer Comment (2026-05-27): Appraisal provided. Cleared. Seller Comment (2026-05-27): Comment from XXXX (XXXX): APPRAISAL AND APPRAISAL ACKNOWLEDGEMENT |
05/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | GA | Primary | Purchase | D | B | D | A | C | B | D | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000126073 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | Missing Required Data (other than HUD-1 or Note) | Appraisal Flipped Property Missing Information | Last Sales Price or Last Sales Date from the Primary Valuation or Contract Sales Price or Contract Sales Date are missing. Unable to determine compliance with TIL HPML Flipped Property Requirements. | Appraisal not provided. | Reviewer Comment (2026-05-27): Appraisal provided. Cleared. Seller Comment (2026-05-27): Comment from XXXX (XXXX): APPRAISAL |
05/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | GA | Primary | Purchase | D | B | D | A | C | B | D | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000126073 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-05-26): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Purchase | Final CD evidences Cure | D | B | D | A | C | B | D | A | Non QM | Non QM | Yes | ||||||||||
| XXXXXX | 4000126073 | XXXXXX | XXXXXX | Credit | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal not provided | Reviewer Comment (2026-05-27): Appraisal provided. Cleared. Seller Comment (2026-05-27): Comment from XXXX (XXXX): APPRAISAL |
05/27/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | GA | Primary | Purchase | D | B | D | A | C | B | D | A | Non QM | Non QM | No | ||||||||||||
| XXXXXX | 4000126073 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected. | Appraisal not provided. | Reviewer Comment (2026-05-27): Appraisal provided. Cleared. Seller Comment (2026-05-27): Comment from XXXX (XXXX): APPRAISAL |
05/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | GA | Primary | Purchase | D | B | D | A | C | B | D | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000126073 | XXXXXX | XXXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal is missing. Sec ID: 1 | Reviewer Comment (2026-05-27): Appraisal provided. Cleared. |
05/27/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | GA | Primary | Purchase | D | B | D | A | C | B | D | A | Non QM | Non QM | No | ||||||||||||
| XXXXXX | 4000126073 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | Reviewer Comment (2026-05-27): Accepted as is |
05/27/2026 | No | 2 | B | B | B | B | B | GA | Primary | Purchase | D | B | D | A | C | B | D | A | Non QM | Non QM | No | ||||||||||||||||
| XXXXXX | 4000126009 | XXXXXX | XXXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Investor Qualifying Residual income discrepancy. | Calculated investor qualifying disposable income of ___ is less than AUS required disposable income of ___. | Residual income of $XXXX is less than guidelines required disposable income of $XXXX. | Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-06-04): Client elects to waive with
compensating factors Seller Comment (2026-06-03): Comment from XXXX (XXXX): exception |
06/04/2026 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | FL | Primary | Purchase | C | B | C | B | A | A | A | A | Non QM | Non QM | No | ||||||||
| XXXXXX | 4000125065 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-05-29): Clearing based on review coming
back within tolerances. |
05/29/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXXX | 4000125065 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $XXXX exceeds tolerance of $-XXXX. Insufficient or no cure was provided to the borrower. | Insufficient or no cure was provided to the borrower. | Reviewer Comment (2026-05-28): XXXXreceived a valid COC. Seller Comment (2026-05-27): Comment from XXXX (XXXX): please see attached. There were two COCs completed that gets us to $XXXX. |
05/28/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | C | B | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000125065 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Pest Inspection Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Insufficient or no cure was provided to the borrower. | Reviewer Comment (2026-06-08): XXXXReceived LOE stating Pest
Inspection was not required by Lender or Title and borrower choose their own
provider. Seller Comment (2026-06-04): Comment from XXXX (XXXX): Please see attached Reviewer Comment (2026-06-01): XXXXis unable to determine from the file whether the lender or title company requried the Pest Inspection. If the lender required, the Pest inspection fee then a cure is due to the borrower. If the borrower-chosen service provider further outsourced the Pest service, an attestation or comment on exception from the seller is needed. The attestation/letter should confirm that the service was outsourced by the borrower-chosen provider. This attestation would allow us to test the fee under the no tolerance category with the understanding that the new fee added on the CD was imposed by a provider through which the borrower indirectly selected. Buyer Comment (2026-05-28): Comment from XXXX (XXXX): Hello, Our closing manager is asking what we need to do to clear this item. Please advise |
06/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | C | B | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000125065 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Requesting exception to use other non-employment rental income from lease agreements to offset mortgage debt on 2 rental properties currently owned. | Borrower has verified disposable income of at least $2500.00. Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-05-26): Client elected to waive/regrade
with compensating factors. |
05/26/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | |||||||||
| XXXXXX | 4000126065 | XXXXXX | XXXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Reviewer Comment (2026-05-26): Accepted as is. |
05/26/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000125210 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender Exception for GLA under XXXX square feet. Guidelines state properties less than XXXX square feet are ineligible. The subject is a condo with a GLA of XXXX square feet. The appraiser confirms this is typical and common for the area. Compensation Factors include FICO XXXX, 6 months reserves, strong DSCR and investor experience. | Borrower's monthly reserves have been verified and exceed the
amount required based on the guidelines by at least 4 months. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-05-26): Client elects to waive with
compensating factors |
05/26/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | TX | Investment | Purchase | B | B | B | B | A | A | N/A | No | ||||||||||||
| XXXXXX | 4000125856 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of Appraisal is missing. | Reviewer Comment (2026-05-27): Accepted as is. |
05/27/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000125856 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of Appraisal is missing. | Reviewer Comment (2026-05-27): Accepted as is. |
05/27/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000127328 | XXXXXX | XXXXXX | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy effective date is after the funds disbursed. | Hazard Insurance Policy Effective Date ___; Disbursement Date: ___; Note Date: ___; Transaction Date: ___ | Dry State. Effective date must be before or on Disbursement Date | Reviewer Comment (2026-06-02): As per PCCD, disbursement date is
XXXX. Hazard Insurance Policy Effective date is prior to the Disbursement
Date. Exception cleared. Seller Comment (2026-06-01): Comment from XXXX (XXXX): Hello, Please see attached |
06/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000127328 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal delivered to the borrower was not provided. | Reviewer Comment (2026-05-27): Accepted as is. |
05/27/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000125803 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Verification appraisal delivered to borrower was not provided. | Reviewer Comment (2026-05-27): Accepted as is. |
05/27/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000125803 | XXXXXX | XXXXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | 6 months reserves for subject ($XXXX) + 12 months reserves for departing residence ($XXXX). | Reviewer Comment (2026-06-04): Reserves only required for
subject as departing is listed for sale Seller Comment (2026-06-04): Comment from Purchasing Team (XXXX): The departing residence should not be included in the reserves because it is listed for sale. |
06/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000125803 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Reviewer Comment (2026-06-04): Reserves only required for
subject Buyer Comment (2026-06-04): Comment from Purchasing Team (XXXX): The departing residence should not be included in the reserves because it is listed for sale. |
06/04/2026 | No | 1 | B | A | C | A | B | A | C | A | B | A | TX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation | C | B | C | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000125803 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | General Ability to Repay Provision: Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Reviewer Comment (2026-06-04): Reserves only required for
subject Buyer Comment (2026-06-04): Comment from Purchasing Team (XXXX): The departing residence should not be included in the reserves because it is listed for sale. |
06/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000127934 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-05-27): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | Final CD evidences Cure | A | A | A | A | A | A | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXXX | 6000121411 | XXXXXX | XXXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Variance in DTI is due to Rental Income calculation for the XXXXXX XXXXX Unit 3 REO. Lease agreement is missing in file. | Reviewer Comment (2026-02-20): XXXX and Appraisal received and
verified. Exception cleared Buyer Comment (2026-02-18): XXXX earning statements and report omit the exact property address to protect host and guest privacy for security and safety. Please see 2025 earnings report for "XXXX", appraisal, and xxxxxxx listing for XXXX. Reviewer Comment (2026-02-09): Unable to identify the subject property/unit from given income statement. As per guideline - The statement must identify the subject property/unit. Exception remains. Buyer Comment (2026-02-05): Short Term Rental documents for XXXX attached. |
02/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Non QM | N/A | No | |||||||||||
| XXXXXX | 6000121411 | XXXXXX | XXXXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. | . Lease agreement is missing for XXXX. | Reviewer Comment (2026-02-20): XXXX and Appraisal received and
verified. Exception cleared Buyer Comment (2026-02-18): XXXX earning statements and report omit the exact property address to protect host and guest privacy for security and safety. Please see 2025 earnings report for "XXXX", appraisal, and xxxxxxx listing for XXXX. Reviewer Comment (2026-02-09): Unable to identify the subject property/unit from given statement. As per guideline - The statement must identify the subject property/unit. Exception remains. Buyer Comment (2026-02-05): Short Term Rental documents for xxxxx xxxxx Unit 3 attached. |
02/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Non QM | N/A | No | |||||||||||
| XXXXXX | 6000121411 | XXXXXX | XXXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Lease agreement is missing in file for XXXX REO. | Reviewer Comment (2026-02-20): XXXX and Appraisal received and
verified. Exception cleared Buyer Comment (2026-02-18): XXXX earning statements and report omit the exact property address to protect host and guest privacy for security and safety. Please see 2025 earnings report for "XXXX", appraisal, and xxxxxxx listing for XXXX. Reviewer Comment (2026-02-09): Unable to identify the subject property/unit from given income statement. As per guideline - The statement must identify the subject property/unit. Exception remains. Buyer Comment (2026-02-05): Short Term Rental documents for Navajo Pass Unit 3 attached. |
02/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Non QM | N/A | No | ||||||||||
| XXXXXX | 6000121419 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Appraisal fee amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-03-03): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | A | A | A | A | A | PA | Primary | Purchase | Final CD evidences Cure | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||
| XXXXXX | 6000121240 | XXXXXX | XXXXXX | Credit | Asset | Asset Documentation | Asset | Asset documentation requirements not met. | Insufficient reserves provided. | Reviewer Comment (2026-05-05): Received revised gift letter and
evidence of wire transfer of gift funds to settlement agent. Sufficient assets for closing and reserves
verified. Reviewer Comment (2026-05-01): Required source of fund deposit for the gift amount $XXXX or additional bank statement to cover reserve requirement. Exception remains. Buyer Comment (2026-04-29): revised gift letter Buyer Comment (2026-04-29): donor bank statement |
05/05/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | |||||||||||
| XXXXXX | 6000121240 | XXXXXX | XXXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Insufficient reserves provided. | Reviewer Comment (2026-05-05): Received revised gift letter and
evidence of wire transfer of gift funds to settlement agent. Sufficient reserves verified. Reviewer Comment (2026-05-01): Required source of fund deposit for the gift amount $XXXX or additional bank statement to cover reserve requirement. Exception remains. Buyer Comment (2026-04-29): see attached revised gift letter and donor funds |
05/05/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | |||||||||||
| XXXXXX | 6000121240 | XXXXXX | XXXXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Insufficient cash to close. | Reviewer Comment (2026-05-05): Received revised gift letter and
evidence of wire transfer of gift funds to settlement agent. Sufficient funds to close verified. Reviewer Comment (2026-05-01): Required source of fund deposit for the gift amount $XXXX or additional bank statement to cover reserve requirement. Exception remains. Buyer Comment (2026-04-29): see attached revised gift letter and donor funds |
05/05/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | |||||||||||
| XXXXXX | 6000121240 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Reviewer Comment (2026-03-19): CDFI lender testing ATR Buyer Comment (2026-03-18): Please waive. |
03/19/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | FL | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | |||||||||||
| XXXXXX | 6000121240 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of XXXX does not match Due Diligence Loan Designation of XXXX. | Reviewer Comment (2026-05-05): Received revised gift letter and
evidence of wire transfer of gift funds to settlement agent. Sufficient assets for closing and reserves
verified. |
05/05/2026 | No | 1 | B | A | C | A | B | A | C | A | B | A | FL | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXXX | 6000121240 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | General Ability to Repay Provision: Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Waterfall due to insufficient reserves. | Reviewer Comment (2026-05-05): Received revised gift letter and
evidence of wire transfer of gift funds to settlement agent. Sufficient assets for closing and reserves
verified. Reviewer Comment (2026-05-05): EXCEPTION HISTORY - Exception Detail was updated on XXXX PRIOR Exception Detail: Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. |
05/05/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXXX | 6000121240 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Waterfall due to insufficient reserves. | Reviewer Comment (2026-05-05): Received revised gift letter and
evidence of wire transfer of gift funds to settlement agent. Sufficient assets for closing and reserves
verified. |
05/05/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXXX | 6000123522 | XXXXXX | XXXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
Reviewer Comment (2026-03-27): Received final title policy. Buyer Comment (2026-03-26): Updated title policy reflecting sufficient coverage attached. |
03/27/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | B | A | B | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 6000121404 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Business Purpose Certificate not provided | Business Purpose Certificate not provided | Reviewer Comment (2026-01-12): Received Business Purpose
Certificate document. Verified and updated details. Exception Cleared. Buyer Comment (2026-01-08): see attached |
01/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OR | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 6000121404 | XXXXXX | XXXXXX | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided | No Fraud report provided. Credit Related. | Reviewer Comment (2026-01-12): Received fraud report reflects
OFAC search. Verified and updated details. Exception Cleared. Buyer Comment (2026-01-08): See OFAC searches on Fraud Tool. |
01/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OR | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 6000121404 | XXXXXX | XXXXXX | Credit | Credit | Credit Documentation | Credit | OFAC was not checked and required per guidelines. | - | OFAC search report not provided in file | Reviewer Comment (2026-01-12): Received fraud report reflects
OFAC search. Verified and updated details. Exception Cleared. |
01/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OR | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||
| XXXXXX | 6000121404 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Title search shows negative impact on title. | Provide verification of the code enforcement lien showing on title ($XXXX) has been paid and will not impact final title. | Reviewer Comment (2026-01-12): Lien paid at closing. Buyer Comment (2026-01-08): See attached |
01/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OR | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 6000121142 | XXXXXX | XXXXXX | Credit | Credit | Credit Documentation | Missing Document | Missing Document: Credit Report not provided | Provide a credit report, 1003 and Fraud Report with OFAC for XXXX and XXXX. These individuals signed the Note as borrowers. | Reviewer Comment (2026-04-02): Lost Note affidavit, LOX to
borrower, Guarantor Agreement and corrected Note. Buyer Comment (2026-04-02): Please see email attached. Thank you. If not acceptable, please advise how we get cleared. Thank you. Reviewer Comment (2026-04-02): Provide evidence the LOX was sent to borrower to be signed and that is was sent prior to the new Note being signed. Buyer Comment (2026-04-01): Please see destroyed note affidavit. Thank you. Buyer Comment (2026-04-01): Also PLEASE advise who "XXXX" is in regards to this transaction please. Thanks so much. Buyer Comment (2026-04-01): XXXX PLEASE note: NO credit report is needed. Credit doc's are only required for parties that execute the Guaranty. Please advise what I'm missing here. Thanks so much. Reviewer Comment (2026-04-01): LOE and proof of delivery to borrower prior to new Note signature date, and destroyed Note affidavit will be required. OFAC is required for all individuals on the loan. Buyer Comment (2026-03-31): Please see attached. Thank you. |
04/02/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | NJ | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 6000121142 | XXXXXX | XXXXXX | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | - | Reviewer Comment (2026-04-02): Lost Note affidavit, LOX to
borrower, Guarantor Agreement and corrected Note. Buyer Comment (2026-04-02): Please see attached. Thank you. Reviewer Comment (2026-04-02): Provide evidence the LOX was sent to borrower to be signed and that is was sent prior to the new Note being signed. Buyer Comment (2026-04-01): Please see attached. Thank you. Reviewer Comment (2026-04-01): LOE and proof of delivery to borrower prior to new Note signature date, and destroyed Note affidavit will be required. OFAC is required for all individuals on the loan. Buyer Comment (2026-03-31): Please see attached. Thank you. |
04/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 6000121142 | XXXXXX | XXXXXX | Credit | Credit | Credit Documentation | Credit | OFAC was not checked and required per guidelines. | - | OFAC not provided for XXXX and XXXX. | Reviewer Comment (2026-04-02): The 2 individuals were removed
from the Note. Reviewer Comment (2026-04-01): LOE and proof of delivery to borrower prior to new Note signature date, and destroyed Note affidavit will be required. OFAC is required for all individuals on the loan. Buyer Comment (2026-03-31): Please see corrected Note & Guaranty. Thank you |
04/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | |||||||||||||
| XXXXXX | 6000121176 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Reviewer Comment (2026-04-03): CDFI lender testing ATR. Buyer Comment (2026-04-02): Please waive. |
04/03/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Rate/Term | A | A | A | A | A | A | A | A | Non QM | Exempt from ATR | No | |||||||||||
| XXXXXX | 6000121176 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus XXXX% or $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-04-01): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Rate/Term | Final CD evidences Cure | A | A | A | A | A | A | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXXX | 6000123514 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided | Operating agreement not provided in this loan file. Required to verify ownership. | Reviewer Comment (2026-03-26): Received Operating Agreement.
Exception Cleared Buyer Comment (2026-03-24): See combined document with executed page & unexecuted page so that you can confirm it's for the same business entity. Reviewer Comment (2026-03-20): Provided unsigned copy of operating agreement along with executed single signature page. Require complete operating agreement with signature page attached as provided signature page does not confirm if it is of borrowing business entity. Exception remains. Buyer Comment (2026-03-18): Operating agreement only Buyer Comment (2026-03-18): Please see signature page attached & signed. Buyer Comment (2026-03-18): Please find the OA with signature page signed and separate. Thank you. Reviewer Comment (2026-03-09): Provided Operating agreement is not executed. Require Operating agreement with signed. Exception Remains. Buyer Comment (2026-03-05): Operating agreement attached. |
03/26/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NC | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 6000123514 | XXXXXX | XXXXXX | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided | OFAC is required for all parties involved in the transaction - business entity is missing. | Reviewer Comment (2026-03-09): Received OFAC for business
entity. Exception Cleared. Buyer Comment (2026-03-05): Please find XXXX. OFAC attached. Thank you. |
03/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NC | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 6000123511 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Missing UW discretion for borrower living rent free with someone other than spouse. | Reviewer Comment (2026-03-11): Updated 1008 received with
underwriter discretion for Borrower is living rent free along with rent free
letter. Exception Cleared. Buyer Comment (2026-03-09): uw discretion |
03/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NC | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 6000121201 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Provide UW discretion for rent free living. | Reviewer Comment (2026-03-25): Received UW discretion for
borrower living rent free. Exception cleared. Buyer Comment (2026-03-23): PFA Reviewer Comment (2026-03-19): Provided summary was a part of initial package. Require underwriter discretion addressing there is no concern for occupancy after reviewing credit package and LOE. Exception remains. Buyer Comment (2026-03-17): PFA |
03/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 6000121274 | XXXXXX | XXXXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - | Missing the required 3 months of bank statements for the asset utilization income. | Reviewer Comment (2026-04-17): Per lender, they are not using
asset depletion as indicated on worksheet in original submission. Buyer Comment (2026-04-15): PFA Buyer Comment (2026-04-15): Per information within LOS, underwriter's notes and documentation in file, the following income was used to qualify: W2 Income XXXX XX XXX: $XXXX W2 Income XXXXXXX and XXXXXX: $XXXX Total W2 income used to qualify: $XXXX. Debt per UW $XXXX Resultant DTI would be XXXX% There does not appear to be asset utilization within the underwriter's income figures. Reviewer Comment (2026-04-13): per income worksheet provided in file (Doc ID 559), asset utilization income was used in borrower's income calculations. Statements referenced for accounts ending in XXXX and XXXX require 3 months' most recent account statements. Buyer Comment (2026-04-09): It does not require bank statement for asset utilization income as Income verification type is W2. |
04/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | Exempt from ATR | No | ||||||||||
| XXXXXX | 6000121274 | XXXXXX | XXXXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. | Waterfall due to missing the required 3 months of bank statements for the asset utilization income. | Reviewer Comment (2026-04-17): Per lender, they are not using
asset depletion as indicated on worksheet in original submission. Reviewer Comment (2026-04-13): per income worksheet provided in file (Doc ID 559), asset utilization income was used in borrower's income calculations. Statements referenced for accounts ending in XXXX and XXXX require 3 months' most recent account statements. |
04/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | Exempt from ATR | No | |||||||||||
| XXXXXX | 6000121224 | XXXXXX | XXXXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Reviewer Comment (2026-04-16): Received bank statement for the
period of XXXX to XXXX. Per statement $XXXX was available funds as of XXXX.
Exception cleared. Buyer Comment (2026-04-14): PFA Support verified funds Reviewer Comment (2026-03-19): The total cash required from borrower is $XXXX as indicated in the above. Buyer Comment (2026-03-18): Could you please provide the exact amount required to cover the cash from the borrower? |
04/16/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 6000121251 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Reviewer Comment (2026-04-07): CDFI lender testing ATR |
04/07/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | FL | Second Home | Purchase | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | |||||||||||
| XXXXXX | 6000121251 | XXXXXX | XXXXXX | Credit | Income | Income Error | Income | Income document is missing the document date and/or tax year. | - | Currency convertor is not dated. | Reviewer Comment (2026-04-14): Corrected currency converter
received & updated. Exception cleared. Buyer Comment (2026-04-10): dated |
04/14/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Second Home | Purchase | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXXX | 6000121251 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of XXXX does not match Due Diligence Loan Designation of XXXX. | Loan origination designation discrepancy due to missing date on currency converter. | Reviewer Comment (2026-04-14): Corrected currency converter
received & updated. Exception cleared. |
04/14/2026 | No | 1 | B | A | C | A | B | A | C | A | B | A | FL | Second Home | Purchase | Lender to provide updated ATR/QM Loan Designation | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | |||||||||
| XXXXXX | 6000121251 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall due to missing date on currency converter. | Reviewer Comment (2026-04-14): Corrected currency converter
received & updated. Exception cleared. |
04/14/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Second Home | Purchase | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXXX | 6000121251 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-04-16): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | FL | Second Home | Purchase | Final CD evidences Cure | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | |||||||||||||||
| XXXXXX | 6000121242 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Please provide the final Closing Statement fully executed by all parties or stamped true and certified. The copy in the file was not signed by all parties. | Reviewer Comment (2026-03-30): Received Final Closing Statement
with Certified True and Correct Copy stamp in the file. Exception Cleared. Buyer Comment (2026-03-26): Final SS |
03/30/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | NC | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 6000121242 | XXXXXX | XXXXXX | Credit | Credit | Credit Documentation | Credit | A summary review of all the documentation in the loan file casts doubt on the business purpose of the loan. | Unable to verify that borrower will not occupy subject property as the primary residence as there were no acknowledgments to the questions on page 3 of the Credit Application. Please provide an updated document. | Reviewer Comment (2026-04-10): Received credit application
confirming that the borrower will not occupy the subject property as primary
residence. Exception Cleared. Buyer Comment (2026-04-08): app |
04/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NC | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 6000121366 | XXXXXX | XXXXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - | Currency converter not provided. | Reviewer Comment (2026-05-07): Currency converter for all years
received. Buyer Comment (2026-05-06): email from UW Buyer Comment (2026-05-06): 2025 Buyer Comment (2026-05-06): 2024 Buyer Comment (2026-05-06): 2023 Reviewer Comment (2026-05-04): Conversion received contains 1 lump sum. To properly calculate income, currency conversion of all income amounts provided, on the date of closing, will be required for review. Buyer Comment (2026-04-30): Currency convertor Buyer Comment (2026-04-30): Currency conversion Reviewer Comment (2026-04-27): Currency Convertor required for borrower's Income to verify amount. Exception remains. Buyer Comment (2026-04-23): #XXXX conversion |
05/07/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | Exempt from ATR | No | ||||||||||
| XXXXXX | 6000121366 | XXXXXX | XXXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Reviewer Comment (2026-04-27): Currency converter received for
Asset Details verified and updated. Exception cleared. Buyer Comment (2026-04-23): see attached docs for currency conversion for #XXXX& #XXXX. |
04/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | Exempt from ATR | No | ||||||||||||
| XXXXXX | 6000121353 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Reviewer Comment (2026-04-08): CDFI lender testing ATR |
04/08/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | SC | Primary | Purchase | A | A | A | A | A | A | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXXX | 6000121210 | XXXXXX | XXXXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | The Certificate of Non-Owner Occupied does not show the borrower(s) at an address different than the subject and thus casts doubt on the business purpose of the loan. | Reviewer Comment (2026-03-31): Received Non-Owner Occupancy
Declaration with section 4A completed. Exception Cleared. Buyer Comment (2026-03-27): please see |
03/31/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | IL | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 6000121222 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Guarantor Agreement not provided | Provided Guarantee agreement is not executed by guarantor. | Reviewer Comment (2026-04-03): Received executed Guarantor
Agreement. Exception cleared. Buyer Comment (2026-04-01): Please see attached Docs |
04/03/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | GA | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 6000121368 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Government Documentation | Loan Package Documentation | Final HUD Addendum 92900-A is missing. | Estimated Property. | Reviewer Comment (2026-04-17): Final closing statement received
and associated. Exception cleared. Buyer Comment (2026-04-15): final SS |
04/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Rate/Term | C | A | C | A | A | A | A | A | N/A | Exempt from ATR | No | |||||||||||
| XXXXXX | 6000121185 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided | Fraud Report is required to mitigate this exception. | Reviewer Comment (2026-04-02): Fraud report received and
verified. Exception cleared Buyer Comment (2026-03-31): Please see attached. Thank you. |
04/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NV | Investment | Refinance - Rate/Term | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 6000121185 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Background Check not provided | Background Check is not present in file. | Reviewer Comment (2026-04-02): Fraud report received and
verified. Exception cleared Buyer Comment (2026-03-31): XXXX PLEASE advise exactly what you are in need of. As I've never seen this condition before nor do I know how to clear. Thank you. |
04/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NV | Investment | Refinance - Rate/Term | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 6000121185 | XXXXXX | XXXXXX | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided | No OFAC search is available in file. | Reviewer Comment (2026-04-02): Fraud report received and
verified. Exception cleared Buyer Comment (2026-03-31): Please see attached. Thank you. |
04/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NV | Investment | Refinance - Rate/Term | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 6000121185 | XXXXXX | XXXXXX | Credit | Credit | Credit Documentation | Credit | OFAC was not checked and required per guidelines. | - | OFAC search is not available in file. | Reviewer Comment (2026-04-02): Fraud report received and
verified. Exception cleared Buyer Comment (2026-03-31): Please see attached. Thank you. |
04/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NV | Investment | Refinance - Rate/Term | D | A | D | A | A | A | N/A | No | |||||||||||||
| XXXXXX | 6000121185 | XXXXXX | XXXXXX | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | - | Fraud report is required to mitigate this exception. | Reviewer Comment (2026-04-02): Fraud report received and
verified. Exception cleared Buyer Comment (2026-03-31): Please see attached. Thank you. |
04/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NV | Investment | Refinance - Rate/Term | D | A | D | A | A | A | N/A | No | |||||||||||||
| XXXXXX | 6000121185 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Estimated Provided | Reviewer Comment (2026-04-02): Final HUD-1 document received and
verified. Exception cleared. Buyer Comment (2026-03-31): Please see final HUD attached. Thank you. |
04/02/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | NV | Investment | Refinance - Rate/Term | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 6000121174 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Rent-free letter was in the file, however, UW Discretion is required for borrower living rent-free with someone other than spouse. | Reviewer Comment (2026-04-02): Received UW discretion for
borrower living rent free. Exception cleared. Buyer Comment (2026-03-31): Please see final 1008 attached with rent free commentary. |
04/02/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | NY | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 6000121174 | XXXXXX | XXXXXX | Credit | Credit | Credit Eligibility | Guideline | Public Record Issue: | - | Judgments are required to be paid at or prior to closing. | Reviewer Comment (2026-04-02): Initial package had bankruptcy
documents. Exception cleared. Buyer Comment (2026-03-31): Please see BK documents which confirms the (2) judgements in questions were included in the BK. Thank you. |
04/02/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | NY | Investment | Purchase | D | A | D | A | A | A | N/A | No | |||||||||||||
| XXXXXX | 6000121286 | XXXXXX | XXXXXX | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2026-04-06): Received Title Final in the file.
Exception Cleared. |
04/06/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | OR | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 6000121286 | XXXXXX | XXXXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | The Certificate of Non-Owner Occupied does not show the borrower(s) at an address different than the subject and thus casts doubt on the business purpose of the loan. | Certificate of Non-Owner Occupied disclosure does not show the borrower's principle address. | Reviewer Comment (2026-04-06): Received Non-Owner Occupancy
Declaration with section 4A completed. Exception Cleared. Buyer Comment (2026-04-02): PFA |
04/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OR | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 6000121286 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Title commitment/loan payoff in the file indicates a blanket mortgage covers the subject property. Provide evidence loan was paid in full or that the subject property was fully released from the lien. | Reviewer Comment (2026-04-06): Received Title Final and Closing
statement showing Payoff of First Mortgage in the file. Exception Cleared. Buyer Comment (2026-04-02): PFA Documents final statement showing that Title paid them off, the title policy and the signed reconveyance |
04/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OR | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 6000121256 | XXXXXX | XXXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Condo/PUD Warranty not provided | Condo/PUD Warranty not provided in this loan file | Reviewer Comment (2026-04-10): Project review not required on
detached condo. Exception Cleared Buyer Comment (2026-04-08): Not required on Site condo per guidelines. |
04/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OR | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 6000121256 | XXXXXX | XXXXXX | Credit | Documents | Missing Document | Documents | File does not contain documentation from lender/seller confirming the condo/co-op is warrantable. | - | Exception Added | Reviewer Comment (2026-04-10): Project review not required on
detached condo. Exception Cleared. Buyer Comment (2026-04-08): Not required on Site condo per guidelines. |
04/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OR | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||||
| XXXXXX | 6000121427 | XXXXXX | XXXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement not provided | Provide the lease for the primary residence. | Reviewer Comment (2026-03-31): Lease agreement received. Buyer Comment (2026-03-31): Lease for primary residence attached. |
03/31/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 6000121190 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | For the primary residence, provide either a 12 month pay history or a property report verifying it is owned free and clear with taxes paid current. | Reviewer Comment (2026-04-03): Received Rent Free Letter and UW
Discretion for borrower living rent free with someone. Exception Cleared. Buyer Comment (2026-04-01): See final UW 1008 with rent free comments. Rent free loe uploaded above. Thank you. Buyer Comment (2026-04-01): Please see attached. Borrower is rent free. Thank you. |
04/03/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | NY | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 6000123516 | XXXXXX | XXXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Please provide additional assets for closing. | Reviewer Comment (2026-05-11): Received HUD for REO property
"XXXX" borrower received cash to borrower $XXXX, Exception
cleared. Buyer Comment (2026-05-07): Please see cash out HUD attached for Cresham Dr. Thank you |
05/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Refinance - Rate/Term | C | A | C | A | A | A | A | A | N/A | Exempt from ATR | No | |||||||||||
| XXXXXX | 6000121276 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Provide a 12 month housing and pay history for the primary residence. | Reviewer Comment (2026-04-16): Current and primary housing
history verified. Reviewer Comment (2026-04-14): Received Property profile which mortgage lien on current primary residence was originated on XXXX and per mortgage statement for the same lien, payment is due for XXXX. In addition, received verification of mortgage for the prior primary residence, per VOM mortgage was originated on XXXX. Total of both does not cover 12 months housing history. Require 12 months housing history for the primary residence with evidence of XXXX payment receipt. Exception remains. Buyer Comment (2026-04-10): VOM previous address XXXX Buyer Comment (2026-04-10): mtg statement Buyer Comment (2026-04-10): XXXX property profile |
04/16/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | TX | Investment | Refinance - Rate/Term | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 6000121323 | XXXXXX | XXXXXX | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | File is missing final signed and dated HUD-1/Settlement Statement. | Reviewer Comment (2026-04-13): Received final closing statement.
Exception cleared. Buyer Comment (2026-04-09): Final SS |
04/13/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 6000121323 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Verification of Identification not provided | File is missing required a non-expired government-issued photo ID. | Reviewer Comment (2026-04-16): Received driver's license with
expiry date of XXXX. Exception cleared. Buyer Comment (2026-04-14): back Buyer Comment (2026-04-14): front Reviewer Comment (2026-04-13): Received temporary driver's licensed which is not signed and does not have photo. Require a non-expired government-issued photo ID. Exception remains. Buyer Comment (2026-04-09): temp DL |
04/16/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 6000121410 | XXXXXX | XXXXXX | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Representative FICO score of ___ is less than Guideline representative FICO score of ___. | First time investor requires a XXXX FICO. | Borrower's monthly reserves have been verified and exceed the
amount required based on the guidelines by at least 4 months. The qualifying DSCR on the loan is greater than the guideline minimum. |
The DSCR of XXXX is greater than the minimum required DSCR of 1.00. | SitusAMC SitusAMC,Aggregator |
Reviewer Comment (2026-04-14): Waived with compensating factors
per investor exception approval received in trailing documents. Buyer Comment (2026-04-10): Exception to allow FICO below 680. Reviewer Comment (2026-04-08): The primary residence has no bearing on investment experience. Per the chain of title in the title commitment, property was purchased by our borrowing entity on XXXX, which is less than one year prior to consummation date of XXXX. Guidelines consider experienced investor as one who has managed at least one rental property for 12 months in the prior 3 years. If prior owner of property is same as current owner, evidence of relationship required for review of this condition. Buyer Comment (2026-04-06): Please cancel this exception. Borrower is not a first-time investor; this a cashout refinance of an investment property. They have lived at primary for 23 years and owned the subject property since 2005. |
04/14/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | MO | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||
| XXXXXX | 6000121339 | XXXXXX | XXXXXX | Credit | Guideline | Guideline Issue | Guideline | Verification of housing pay history is required. | For the primary residence, provide either a 12 month pay history or a property report verifying it is owned free and clear with taxes paid current. | Reviewer Comment (2026-04-23): As per property history report
for primary residence its owned free and clear and paid taxes invoice
received. Exception Cleared. Buyer Comment (2026-04-21): paid receipt Buyer Comment (2026-04-21): tax bill Reviewer Comment (2026-04-21): Received property profile for the primary residence which proves property is owned free & clear. Provide evidence taxes are paid current for primary residence. Exception remains. Buyer Comment (2026-04-17): XXXX previous address; mtg reported on credit Buyer Comment (2026-04-17): XXXX owned free and clear |
04/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | SC | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 6000121339 | XXXXXX | XXXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. | City on HOI Declaration page reflects XXXX and Note reflects XXXX. | Reviewer Comment (2026-04-21): Received hazard insurance policy
with correct subject property address. Exception cleared. Buyer Comment (2026-04-20): mortgage payee Buyer Comment (2026-04-20): ins |
04/21/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | SC | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 6000121385 | XXXXXX | XXXXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Reviewer Comment (2026-04-17): Received Bank Statement and
Appraisal invoice. Exception Cleared. Buyer Comment (2026-04-15): Invoices paid by CC Buyer Comment (2026-04-15): XX XXXXX |
04/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 6000121385 | XXXXXX | XXXXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Reviewer Comment (2026-04-17): Lender provided correct XXXX
matrix which allows XXXX% LTV. Exception Cleared. Buyer Comment (2026-04-15): loan closed XXXX; Used matrix dated XXXX which permits XXXX% LTV rate/term |
04/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 6000121385 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Provide evidence of an LLPA and UW Discretion for borrower living rent free with someone other than a spouse. | Reviewer Comment (2026-04-22): Per lender updated guidelines,
not considered living rent free if evidence of 12 month payment history and
proof of ownership of additional REO.
Credit report and fraud report support ownership of and payment
history for REO on XXXX. Reviewer Comment (2026-04-22): The housing history reflected on the credit report for the past 39 months shows the address at XXXX, which was not the borrower's primary residence. As stated in the Letters of Explanation provided under Doc ID 0245 and Doc ID 0230, the borrower currently resides with the husband's brother at XXXX, which is the borrower's primary residence. The borrower's prior primary residence was XXXX, which was sold in late XXXX. Please provide evidence of an LLPA and UW Discretion for borrower living rent free with someone other than a spouse. Buyer Comment (2026-04-20): D0168 reports mtg history for XXXX months with Roundpoint #XXXX Reviewer Comment (2026-04-17): Only four (4) months of housing payment history are currently reflected in the file for the another REO property. Exception Remains. Buyer Comment (2026-04-15): Bwr has 12 month housing history for another REO Property; not considered living rent free per guidelines dated XXXX. |
04/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 6000121145 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Provide evidence of UW discretion for borrower living rent free with other than a spouse. | Reviewer Comment (2026-04-14): Received UW discretion for
borrower living rent free. Exception cleared Buyer Comment (2026-04-10): Please see attached final 1008 with underwriters rent free commentary. Thank you. |
04/14/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 6000121342 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Please provide the final Closing Statement fully executed by all parties or stamped true and certified. The copy in the file is an estimate. | Reviewer Comment (2026-04-24): Received certified closing
statement. Exception cleared. Buyer Comment (2026-04-22): final SS uploaded |
04/24/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | WA | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 6000121342 | XXXXXX | XXXXXX | Credit | Hazard Insurance | Document Error | Hazard Insurance | Hazard Insurance policy does not list Lender or Servicer and its successors and assigns, per guideline requirements. | The Hazard Insurance policy did not list Lender or Servicer as mortgagee. Please provide an updated policy disclosing XXXX, ISAOA as the mortgage for the subject property. | Reviewer Comment (2026-04-22): Received Hazard Insurance Policy.
Exception Cleared. Buyer Comment (2026-04-20): HOI |
04/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 6000121376 | XXXXXX | XXXXXX | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | File is missing final signed and dated HUD-1/Settlement Statement. | Reviewer Comment (2026-04-21): Received certified true and
correct copy of final closing statement. Exception cleared. Buyer Comment (2026-04-17): Final SS |
04/21/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 6000121376 | XXXXXX | XXXXXX | Credit | Guideline | Guideline Issue | Guideline | Verification of housing pay history is required. | File is missing verification of XXXX and XXXX mortgage payment from XXXX ending in XXXX. Fraud report reflects a lien on XXXX from XXXX with a balance of $XXXX. | Reviewer Comment (2026-05-04): Received digitally signed VOM
covering Jan and feb mortgage payment. Exception cleared. Buyer Comment (2026-04-30): VOM Reviewer Comment (2026-04-21): Unable to confirm any payments from XXXX account to XXXXXXX in the amount of $XXXX.. Buyer Comment (2026-04-17): D0302 reports Jan payment XXXX; D0464 reports Feb payment D0464 |
05/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 6000121307 | XXXXXX | XXXXXX | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | File is missing a copy of the final title policy. | Reviewer Comment (2026-04-29): Final Title Policy received and
verified the details. Exception Cleared. |
04/29/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | CO | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 6000121307 | XXXXXX | XXXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Dwelling Coverage is insufficient by $XXXX. Please provide extended coverage or replacement cost estimator. | Reviewer Comment (2026-04-29): Replacement cost estimator
received and verified the details. Exception Cleared. Buyer Comment (2026-04-27): Please see RCE attached. Thank you. |
04/29/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 6000121307 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Provide evidence the second lien on title held by XXXX in the amount of $XXXX is paid and released and will not impact the lender lien position. | Reviewer Comment (2026-04-29): Final Title Policy received and
verified the details. Exception Cleared. Buyer Comment (2026-04-27): Please see attached. Thank you. |
04/29/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 6000121369 | XXXXXX | XXXXXX | Credit | Credit | Credit Eligibility | Guideline | Public Record Issue: | - | Tax liens are required to be paid off. | Reviewer Comment (2026-04-30): Tax lien satisfied in full on
XXXX. Exception Cleared. Buyer Comment (2026-04-28): Judgement |
04/30/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | NC | Investment | Refinance - Cash-out - Other | B | A | B | A | A | A | N/A | No | |||||||||||||
| XXXXXX | 4000127849 | XXXXXX | XXXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Hazard coverage of $XXXX is insufficient to cover the mortgage amount of $XXXX and insufficient to cover the estimated cost new of $XXXX. Please provide a letter from the Insurer stating the maximum insurable amount and/or a replacement costs estimator from the insurer. Coverage Shortfall is $XXXX. | Reviewer Comment (2026-05-27): Property type is PUD Attached.
Received Master Hazard Policy. Exception cleared. Seller Comment (2026-05-27): Comment from Post Closing (XXXX): Please see attached Master Insurance+HO6, the Master insurance covers property, HO6 is only for interior. |
05/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000121166 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Articles of Organization/Formation not provided | Missing Articles of Organization for XXXX. | Reviewer Comment (2026-06-01): Entity docs provided. Cleared. Seller Comment (2026-06-01): Comment from XXXX (XXXX.): Please see attached. |
06/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | DE | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000121166 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided | Operating Agreement not provided for XXXX and XXXX. | Reviewer Comment (2026-06-03): Received, Clearing. Seller Comment (2026-06-03): Comment from XXXX (XXXX): Please see attached. |
06/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | DE | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000121166 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Employer Identification Number (EIN) not provided | EIN not provided for XXXX. | Reviewer Comment (2026-06-01): Entity docs provided. Cleared. Seller Comment (2026-06-01): Comment from XXXX (XXXX.): Please see attached. |
06/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | DE | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 2000000723 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | The verification appraisal was delivered to the borrower but was not provided. | Reviewer Comment (2026-05-27): Accepted as is. |
05/27/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 2000000723 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Sufficient cure is provided. | Reviewer Comment (2026-05-27): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Purchase | Final CD evidences Cure | B | B | A | A | B | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000128384 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-06-01): Clearing based on review coming
back within tolerances. |
06/01/2026 | No | 1 | A | A | A | A | A | TN | Investment | Purchase | A | A | A | A | A | A | N/A | No | ||||||||||||||||||||
| XXXXXX | 4000126864 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-06-01): Clearing based on review coming
back within tolerances. |
06/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000126555 | XXXXXX | XXXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount. | Reviewer Comment (2026-05-28): Accepted as is. |
05/28/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | NJ | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||||
| XXXXXX | 4000126555 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Employer Identification Number (EIN) not provided | Employer Identification Number (EIN) is missing in the file. | Reviewer Comment (2026-06-02): Received Employer Identification
Number (EIN). Exception cleared. Seller Comment (2026-06-02): Comment fromXXXX (XXXX): EIN |
06/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000126555 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided | Operating Agreement provided is not signed. | Reviewer Comment (2026-06-03): Received, Clearing. Seller Comment (2026-06-03): Comment from XXXX (XXXX): Signed Operating Agreement |
06/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000126555 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The rent loss insurance must equal 6 months of rent income of $XXXX; policy provided lists coverage of $XXXX. | Reviewer Comment (2026-05-29): Deficiency balance covered by
additional reserves on file. Allowed per guidelines. Seller Comment (2026-05-29): Comment from XXXX (XXXX): Rebuttal for Rent Loss |
05/29/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000128571 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-06-01): Clearing based on review coming
back within tolerances. |
06/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | PA | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000127937 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-06-01): Clearing based on review coming
back within tolerances. |
06/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000127937 | XXXXXX | XXXXXX | Credit | Insurance | Insurance Documentation | Insurance | Rent loss insurance is required on all properties and there is no evidence of this insurance in the file. | Rent loss insurance for the subject property is required and must equal at least six (6) months of local average monthly rents. | Reviewer Comment (2026-06-04): 12 months rental loss
confirmed Seller Comment (2026-06-03): Comment from XXXX (XXXX): Please see page 13-14 of the policy showing what is covered. It shows there is 12 months. |
06/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000127937 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Business Purpose Certificate not provided | Business Purpose Certificate is missing. | Reviewer Comment (2026-06-10): Received, Clearing. Seller Comment (2026-06-10): Comment from XXXX (XXXX): Business Purpose Occ Affidavit |
06/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000127937 | XXXXXX | XXXXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. | Declining Markets 5% LTV Reduction | Borrower has owned the subject property for at least 5 years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |
SitusAMC SitusAMC |
Reviewer Comment (2026-06-12): Client exception received. Seller Comment (2026-06-12): Comment from XXXX (XXXX): Exception form attached - approved Reviewer Comment (2026-06-10): We need the fully signed and approved exception form once you get it from the buyers portal. Seller Comment (2026-06-10): Comment from XXXX (XXXX): Exception form attached. Reviewer Comment (2026-06-04): An updated appraisal was not received in trailing documents. Exception remains Seller Comment (2026-06-03): Comment from XXXX (XXXX): UCDPs, appraisal uploaded to other condition. |
06/12/2026 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | TX | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||
| XXXXXX | 4000127937 | XXXXXX | XXXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___. | Declining Markets 5% LTV Reduction | Borrower has owned the subject property for at least 5 years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |
SitusAMC SitusAMC |
Reviewer Comment (2026-06-12): Client exception received. Reviewer Comment (2026-06-08): CDA in file confirms Declining Market status. Exception remains. Seller Comment (2026-06-08): Comment from XXXX (XXXX): Updated appraisal Reviewer Comment (2026-06-04): An updated appraisal was not received in trailing documents. Exception remains Seller Comment (2026-06-03): Comment from XXXX (XXXX): Please see revised appraisal and updated UCDPs. |
06/12/2026 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | TX | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||
| XXXXXX | 4000127082 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal delivered to borrower was not provided. | Reviewer Comment (2026-05-28): Accepted as is. |
05/28/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 2000000522 | XXXXXX | XXXXXX | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Representative FICO score of ___ is less than Guideline representative FICO score of ___. | Lender exception approval in the loan file. | Borrower has been employed in the same industry for more than 5
years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. Borrower's monthly mortgage payment has decreased by at least 20%. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. The qualifying DTI on the loan is at least 10% less than the guideline maximum. The refinance has decreased the borrower's monthly debt payments by 20% or more. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-05-27): Lender exception approval in the
loan file. |
05/27/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | TX | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | A | A | N/A | N/A | No | ||||||||
| XXXXXX | 4000122982 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The signature block on the Note and SI is missing the individuals' member title. | Reviewer Comment (2026-06-05): Corrected Note and SECI provided.
Cleared. Seller Comment (2026-06-05): Comment from XXXX (XXXX): original to be sent through the Warehouse Reviewer Comment (2026-06-03): SECI corrected and cleared. Corrected Note not provided. Seller Comment (2026-06-03): Comment from XXXX (XXXX): here is the corrected, re-recorded security instrument |
06/05/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000125380 | XXXXXX | XXXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | Secondary valuation missing, required for securitization. | Reviewer Comment (2026-06-05): CDA provided. Cleared. Seller Comment (2026-06-05): Comment from XXXX (XXXX): CDA |
06/05/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | FL | Primary | Purchase | D | B | C | B | A | A | D | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000125380 | XXXXXX | XXXXXX | Credit | Insurance | Insurance Analysis | Insurance | The Flood Insurance Policy effective date is after the Note Date. | Flood Insurance Policy Effective Date ___, Note Date ___ | Flood Insurance Policy Effective Date XXXX, Note Date XXXX | Borrower has verified disposable income of at least $2500.00. Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-06-04): Received email communication from
the insurance agent that no claims have been made Seller Comment (2026-06-04): Comment from XXXX (XXXX): LOX Reviewer Comment (2026-06-02): The FNMA definition of closing is the note signing. Without updated policy a LOE from the insurer is needed stating no damage or claims filed. Buyer Comment (2026-06-02): Comment from XXXX (XXXX): The borrower does not take ownership of the property until the day of disbursement which is reflected on the Closing Disclosure. This was a mail away closing. They signed one day and disbursed on another. So the effective date of the policy is when they acquired the property. I also do not see anything in the guidelines that states the HOI must be effective the date of closing. Reviewer Comment (2026-05-29): Florida is a wet state. Policy should be effective on the note date. Buyer Comment (2026-05-29): Comment from XXXX (XXXX): Loan disbursed on XXXX as evidenced on final CD signed by borrowers |
06/04/2026 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | FL | Primary | Purchase | D | B | C | B | A | A | D | A | Non QM | Non QM | No | ||||||||
| XXXXXX | 4000125380 | XXXXXX | XXXXXX | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy Effective Date is after closing. | Hazard Insurance Policy Effective Date ___, Disbursement Date: ___ | Hazard Insurance Policy Effective Date XXXX, Disbursement Date: XXXX | Borrower has verified disposable income of at least $2500.00. Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-06-04): Received email communication from
the insurance agent that no claims have been made Seller Comment (2026-06-04): Comment from XXXX (XXXX): LOX Reviewer Comment (2026-06-02): The FNMA definition of closing is the note signing. Without updated policy a LOE from the insurer is needed stating no damage or claims filed. Buyer Comment (2026-06-02): Comment from XXXX (XXXX): The borrower does not take ownership of the property until the day of disbursement which is reflected on the Closing Disclosure. This was a mail away closing. They signed one day and disbursed on another. So the effective date of the policy is when they acquired the property. I also do not see anything in the guidelines that states the HOI must be effective the date of closing. Reviewer Comment (2026-05-29): Florida is a wet state. Policy should be effective on the note date. Exception remains Buyer Comment (2026-05-29): Comment from XXXX (XXXX): Loan disbursed on XXXX as evidenced by final CD signed by borrowers |
06/04/2026 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | FL | Primary | Purchase | D | B | C | B | A | A | D | A | Non QM | Non QM | No | ||||||||
| XXXXXX | 4000125922 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-06-02): Clearing based on review coming
back within tolerances. |
06/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000126657 | XXXXXX | XXXXXX | Credit | Insurance | Insurance Documentation | Insurance | Rent loss insurance is required on all properties and there is no evidence of this insurance in the file. | Rent loss insurance for the subject property is required and must equal at least six (6) months of local average monthly rents | Reviewer Comment (2026-06-10): Received, Clearing. Seller Comment (2026-06-10): Comment from XXXX (XXXX): Updated Insurance Reviewer Comment (2026-05-29): The loan was approved and locked as a DSCR loan. Per guidelines for DSCR loans, Rent loss insurance for the subject property is required and must equal at least six (6) months of local average monthly rents Buyer Comment (2026-05-29): Comment from XXXX (XXXX): No Rent loss insurance required on investment properties per agency guidelines. Please clear or advise further. |
06/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NV | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000126044 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for TX Guaranty Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | No cure provided for TX Guaranty Fee. | Reviewer Comment (2026-06-19): XXXXReceived Letter of
Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD. Seller Comment (2026-06-18): Comment from XXXX (XXXX): XXXX (going in mail XXXX), PCCD, LOE, Check Reviewer Comment (2026-06-03): XXXXreceived Post CD. However, we would also require Copy of refund check and LOX in order to cure the exception. Seller Comment (2026-06-01): Comment from XXXX (XXXX): PCCD |
XXXXX | No | 2 | C | B | C | B | C | B | C | B | C | B | TX | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | C | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000126044 | XXXXXX | XXXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | HOA verification for REO was not provided in file. | Reviewer Comment (2026-06-05): Received HOA verification.
Exception cleared. Seller Comment (2026-06-05): Comment from XXXX (XXXX): HOA |
06/05/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Second Home | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000126500 | XXXXXX | XXXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | Secondary valuation was not found in file. | Reviewer Comment (2026-05-28): UCDP with acceptable risk score,
cleared Seller Comment (2026-05-28): Comment from XXXX (XXXX): SSR uploaded |
05/28/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000127326 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-05-28): Accepted as is. |
05/28/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000127326 | XXXXXX | XXXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
The preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). | Reviewer Comment (2026-05-28): Accepted as is. |
05/28/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000128841 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | The verification appraisal delivered to the borrower was not provided. | Reviewer Comment (2026-05-28): Accepted as is. |
05/28/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000128841 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-06-02): Clearing based on review coming
back within tolerances. |
06/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXXX | 4000127417 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-05-28): Accepted as is. |
05/28/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | MD | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000127417 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-05-28): Accepted as is. |
05/28/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | MD | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000127417 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - Affiliated Business Arrangement Disclosure Missing | RESPA Disclosure Rule: Creditor did not provide Affiliated Business Arrangement Disclosure to borrower. | Creditor did not provide Affiliated Business Arrangement Disclosure to borrower. | Reviewer Comment (2026-05-28): Accepted as is. |
05/28/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | MD | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000127417 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-06-02): Clearing based on review coming
back within tolerances. |
06/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXXX | 4000125954 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of appraisal was not found in the file. | Reviewer Comment (2026-05-28): Accepted as is. |
05/28/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | VA | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000125482 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-06-02): Clearing based on review coming
back within tolerances. |
06/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TN | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000127785 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Review Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Zero Percent Fee Tolerance exceeded for Appraisal Review Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower | Reviewer Comment (2026-06-09): Missing LE received to coincide
with the change of circumstance Seller Comment (2026-06-09): Comment from XXXX (XXXX): Rebuttal with corresponding LE attached Reviewer Comment (2026-06-01): XXXX received COC dated XXXX whereas the fee added on CD dated XXXX for $XXXX Kindly provide a valid COC for the fee added on CD dated XXXX for $XXXX or cure due to borrower. Cure documents consist of Post CD,LOX,Copy of refund check and proof of mailing. Seller Comment (2026-05-29): Comment from XXXX (XXXX): XXXX COC |
06/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | A | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 2000000760 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Reviewer Comment (2026-05-29): Accepted as is. |
05/29/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CO | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 2000000760 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Tax Service Fee (Life Of Loan). Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Sufficient cure provided at closing. | Reviewer Comment (2026-06-02): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | CO | Primary | Purchase | Final CD evidences Cure | B | B | A | A | B | B | A | A | Non QM | Non QM | Yes | ||||||||||||||
| XXXXXX | 4000128034 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | Reviewer Comment (2026-05-29): Accepted as is. |
05/29/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | MI | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000127105 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-06-02): Clearing based on review coming
back within tolerances. |
06/02/2026 | No | 1 | A | A | A | A | A | LA | Investment | Refinance - Cash-out - Other | A | A | A | A | A | A | N/A | No | ||||||||||||||||||||
| XXXXXX | 4000128006 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of Appraisal is missing. | Reviewer Comment (2026-06-01): Accepted as is. |
06/01/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | MD | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000128006 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of XXXX% or Final Disclosure APR of XXXX% is equal to or greater than the threshold of APOR XXXX% + XXXX%, or XXXX%. Non-Compliant Higher Priced Mortgage Loan. | APR on subject loan of XXXX% or Final Disclosure APR of XXXX% is equal to or greater than the threshold of APOR XXXX% + XXXX%, or XXXX%. Non-Compliant Higher-Priced Mortgage Loan. | Reviewer Comment (2026-06-04): Received verification of borrower
appraisal receipt |
06/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000128006 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) | TILA HPML Appraisal Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of Appraisal is missing. | Reviewer Comment (2026-06-04): Received verification of borrower
appraisal receipt Seller Comment (2026-06-04): Comment from XXXX (XXXX): Proof of Delivery |
06/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000128006 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of XXXX does not match Due Diligence Loan Designation of XXXX. | Originator Loan Designation of XXXX updated from guidelines. Third party verification is missing. | Reviewer Comment (2026-06-04): Received third party business
verification Seller Comment (2026-06-04): Comment from XXXX (XXXX): CPA and Business Entity Doc and ICW |
06/04/2026 | No | 1 | B | A | C | A | B | A | C | A | B | A | MD | Primary | Purchase | Lender to provide updated ATR/QM status | C | B | C | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000128006 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Employment - Bank Statements | Ability-to-Repay (Dodd-Frank 2014): Unable to verify current employment status using reasonably reliable third-party records. | Third party verification is missing. | Reviewer Comment (2026-06-04): Received third party business
verification Seller Comment (2026-06-04): Comment from XXXX (XXXX): CPA Letter, Business Entity Doc, ICW, and Business Bank Statements |
06/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000128006 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. | Waterfall due to Third party verification is missing. | Reviewer Comment (2026-06-04): Received third party business
verification |
06/04/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | MD | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000128006 | XXXXXX | XXXXXX | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) Maryland Higher-Priced Mortgage Loan (Disclosure of Non-HPML Loans Borrower Qualifies For Not Provided) | Maryland Higher-Priced Mortgage Loan: Borrower not provided with written disclosure of non-higher priced loans otherwise qualified for. | Maryland Higher-Priced Mortgage Loan: Borrower not provided with written disclosure of non-Higher-Priced loans otherwise qualified for. | Reviewer Comment (2026-06-01): Accepted as is. |
06/01/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | MD | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000128006 | XXXXXX | XXXXXX | Compliance | Compliance | State Compliance | State HPML | Maryland HPML Threshold Test Non-Compliant | Maryland Higher-Priced Mortgage Loan: APR on subject loan of XXXX% or Final Disclosure APR of XXXX% is equal to or greater than the threshold of APOR XXXX% + XXXX%, or XXXX%. Non-Compliant Higher Priced Loan. | APR on subject loan of XXXX% or Final Disclosure APR of XXXX% is equal to or greater than the threshold of APOR XXXX% + XXXX%, or XXXX%. Non-Compliant Higher-Priced Loan. | Reviewer Comment (2026-06-01): Accepted as is. |
06/01/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | MD | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000128006 | XXXXXX | XXXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Mortgage Statement is missing for REO Property. | Reviewer Comment (2026-06-04): Received, cleared Seller Comment (2026-06-04): Comment from XXXX (XXXX): Mortgage Statement |
06/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000128006 | XXXXXX | XXXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Mortgage Statement is missing for REO Property. | Reviewer Comment (2026-06-04): Mortgage statement received Seller Comment (2026-06-04): Comment from XXXX (XXXX): Mortgage Statement |
06/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000128006 | XXXXXX | XXXXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - | Third party verification is missing. | Reviewer Comment (2026-06-04): Received, cleared Seller Comment (2026-06-04): Comment from XXXX (XXXX): CPA Letter |
06/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000128006 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | General Ability to Repay Provision: Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Waterfall due to Third party verification is missing. | Reviewer Comment (2026-06-04): Received third party business
verification Seller Comment (2026-06-04): Comment from XXXX (XXXX): CPA Letter |
06/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000128006 | XXXXXX | XXXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided | Please provide CPA Letter confirming that the withdrawal of business funds for this transaction will not have a negative impact on the business. Acct #XXXX | Reviewer Comment (2026-06-04): CPA letter received Seller Comment (2026-06-04): Comment from XXXX (XXXX): CPA Letter |
06/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000123468 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception for non-arm's length transaction. Comp factors - XXXX FICO, 15 months of reserves | Borrower's monthly reserves have been verified and exceed the
amount required based on the guidelines by at least 4 months. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. Seasoned Borrower/Investor whose experience exceeds 10 completed projects. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-06-01): Lender exception approved |
06/01/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Purchase | B | B | B | B | A | A | N/A | No | ||||||||||||
| XXXXXX | 2000000738 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-05-29): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | A | A | A | A | A | AZ | Primary | Refinance - Rate/Term | Final CD evidences Cure | B | B | B | B | A | A | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXXX | 2000000738 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Multiple NSFs in previous 24 months. Approved with comp factors +XXXX% LTV, 47 months reserves, low DTI, borrower in same business over 16 years. | Borrower has been employed in the same industry for more than 5
years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-05-29): Lender exception approved |
05/29/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Primary | Refinance - Rate/Term | B | B | B | B | A | A | A | A | Non QM | Non QM | No | |||||||||
| XXXXXX | 4000116979 | XXXXXX | XXXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Reviewer Comment (2026-06-01): Accepted as is. |
06/01/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000126802 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The prepayment addendum reflects the prepayment period is in effect until XXXX which is the note date. Please provide corrected prepayment addendum. | Reviewer Comment (2026-06-08): No prepayment penalty Buyer Comment (2026-06-05): Comment from XXXX (XXXX): This one does not have a prepayment and we give you permission to remove those docs and we are correcting the Deed. |
06/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | UT | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000127853 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to the applicant 3 business days prior to consummation. | Reviewer Comment (2026-06-02): Accepted as is. |
06/02/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | MD | Primary | Purchase | D | B | D | A | C | B | D | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000127853 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Flood Hazard Zone | Federal Compliance - (Missing Data) Flood Hazard Zone: Special Flood Hazard Zone indicator was not provided. The applicable flood zone related testing cannot be performed. | Special Flood Hazard Zone indicator was not provided. The applicable flood zone-related testing was missing. | Reviewer Comment (2026-06-02): Accepted as is. |
06/02/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | MD | Primary | Purchase | D | B | D | A | C | B | D | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000127853 | XXXXXX | XXXXXX | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Legal / Regulatory / Compliance | Final Title Policy is missing. No evidence of title in file. | Reviewer Comment (2026-06-05): Commitment received Seller Comment (2026-06-04): Comment from XXXX (XXXX): Hello, please see attached, thank you. |
06/05/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Purchase | D | B | D | A | C | B | D | A | Non QM | Non QM | No | ||||||||||||
| XXXXXX | 4000127853 | XXXXXX | XXXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | A valid UCDP score was not provided. Secondary valuation required. | Reviewer Comment (2026-06-03): Received UCDP report with CU/LCA
score less than 2.5. Exception cleared. Seller Comment (2026-06-03): Comment from XXXX (XXXX): Hello, please see attached, thank you. |
06/03/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | MD | Primary | Purchase | D | B | D | A | C | B | D | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000127853 | XXXXXX | XXXXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Reviewer Comment (2026-06-04): VOD received. Verified sufficient
cash to close Reviewer Comment (2026-06-04): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Documented qualifying Assets for Closing of $XXXX is less than Cash From Borrower $XXXX. Seller Comment (2026-06-04): Comment from XXXX (XXXX): Hello, we also uploaded the XXXX #XXXX VOD with the account balance of $XXXX highlighted. Please kindly see one more time as we are unsure of where the shortfall is coming from. Thank you. Reviewer Comment (2026-06-03): Received Official Check and Wire Confirmation for EMD, still there is a short fall of $XXXX. Please provide additional assets. Exception remains. Seller Comment (2026-06-03): Comment from XXXX (XXXX): Hello, please see attached, thank you. |
06/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Purchase | D | B | D | A | C | B | D | A | Non QM | Non QM | No | ||||||||||||
| XXXXXX | 4000127853 | XXXXXX | XXXXXX | Credit | Credit | Credit Documentation | Missing Document | Missing Document: Credit Report not provided | The file is missing a copy of the Credit Report. | Reviewer Comment (2026-08-27): Received, Clearing. Reviewer Comment (2026-06-03): Credit Report not received. Exception remains. Seller Comment (2026-06-03): Comment from XXXX (XXXX): Hello, please see attached, thank you. |
06/03/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | MD | Primary | Purchase | D | B | D | A | C | B | D | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000127853 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Insurance | Missing Document: Flood Certificate not provided | The file is missing a copy of the Flood Certificate. | Reviewer Comment (2026-06-03): Received Flood Certificate.
Exception cleared. Seller Comment (2026-06-03): Comment from XXXX (XXXX): Hello, please see attached, thank you. |
06/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Purchase | D | B | D | A | C | B | D | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000127853 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Loan File | Missing Document | Missing Document: Hazard Insurance Policy not provided | The file is missing a copy of the Hazard Insurance Document. | Reviewer Comment (2026-06-03): Received Hazard Insurance Policy.
Exception cleared. Seller Comment (2026-06-03): Comment from XXXX (XXXX): Hello, please see attached, thank you. |
06/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Purchase | D | B | D | A | C | B | D | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000127853 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Purchase Agreement / Sales Contract not provided | The file is missing a copy of the Purchase Contract Agreement. | Reviewer Comment (2026-06-03): Received Purchase Agreement and Sales Contract
Addendum. Exception cleared. Seller Comment (2026-06-03): Comment from XXXX (XXXX): Hello, please see attached, thank you. |
06/03/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | MD | Primary | Purchase | D | B | D | A | C | B | D | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000127853 | XXXXXX | XXXXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Verification(s) of employment is not within 10 business days of the Note. | - | Verification of employment is not within 10 business days of the note. | Reviewer Comment (2026-06-03): Received VVOE dated within 10
business days of the Note date. Exception cleared. Seller Comment (2026-06-03): Comment from XXXX (XXXX): Hello, please see attached, thank you. |
06/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Purchase | D | B | D | A | C | B | D | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000127853 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Originator loan designation of XXXX does not match due diligence loan designation of XXXX. | Reviewer Comment (2026-06-03): Received VVOE dated within 10
business days of the Note date. Exception cleared. Seller Comment (2026-06-03): Comment from XXXX (XXXX): Hello, please see attached, thank you. |
06/03/2026 | No | 1 | B | A | C | A | B | A | C | A | B | A | MD | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation | D | B | D | A | C | B | D | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000127853 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | General Ability to Repay Provision: Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Loan does not meet one or more guideline components, which could impact the borrower's ability to repay. | Reviewer Comment (2026-06-03): Received VVOE dated within 10
business days of the Note date. Exception cleared. Seller Comment (2026-06-03): Comment from XXXX (XXXX): Hello, please see attached, thank you. |
06/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Purchase | D | B | D | A | C | B | D | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000127853 | XXXXXX | XXXXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | VOR not provided. | Reviewer Comment (2026-06-03): Received Verification of Rent.
Exception cleared. Seller Comment (2026-06-03): Comment from XXXX (XXXX): Hello, please see attached, thank you. |
06/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Purchase | D | B | D | A | C | B | D | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000128405 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-06-02): Accepted as is. |
06/02/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000128405 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-06-02): Accepted as is. |
06/02/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000127905 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Business Purpose Certificate not provided | Business Purpose Certificate is missing. | Reviewer Comment (2026-06-01): Received Business Purpose
Certificate. Exception cleared. Seller Comment (2026-06-01): Comment from XXXX (XXXX): Business Purpose |
06/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | UT | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000127905 | XXXXXX | XXXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Cash-Out Utilization not provided | Cash-Out Utilization is missing. | Reviewer Comment (2026-06-01): Received Business Purpose
Certificate. Exception cleared. Seller Comment (2026-06-01): Comment from XXXX (XXXX): Cash-out utilization |
06/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | UT | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000125624 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing | Reviewer Comment (2026-06-02): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | A | A | A | A | A | ID | Primary | Purchase | Final CD evidences Cure | C | A | C | A | A | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000125624 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The date on the notary page of the Security Agreement is XXXX. | Reviewer Comment (2026-06-09): Re-recorded Security Instrument
received Seller Comment (2026-06-09): Comment from XXXX (XXXX): uploaded requested recorded doc Reviewer Comment (2026-06-03): The Notary Date is XXXX, while the loan closed in XXXX. Exception remains. Buyer Comment (2026-06-03): Comment from XXXX (XXXX): The final closing disclosure shows a closing date of XXXX. What information is in question regarding the recorded mortgage? |
06/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | ID | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000127906 | XXXXXX | XXXXXX | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy Effective Date is after closing. | Hazard Insurance Policy Effective Date XXXX, Disbursement Date: XXXX | Reviewer Comment (2026-06-03): Received updated hazard
insurance. Exception cleared. Seller Comment (2026-06-03): Comment from XXXX (XXXX): attached |
06/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MN | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 2000000720 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided. | Reviewer Comment (2026-06-05): Client elects to waive |
06/05/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 2000000720 | XXXXXX | XXXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
Reviewer Comment (2026-06-05): Client elects to waive |
06/05/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000125805 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-06-04): Cleared based on review coming
back within tolerances |
06/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | PA | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000127681 | XXXXXX | XXXXXX | Credit | Credit | Credit Documentation | Credit | Missing Document: Occupancy Certificate not provided | Occupancy Certificate was not found in file. | Reviewer Comment (2026-06-08): Received Occupancy Certificate.
Exception cleared. Seller Comment (2026-06-08): Comment from XXXX (XXXX): XXXX - XXXX: Please see attached. Reviewer Comment (2026-06-04): All borrower(s) must provide Occupancy Affidavit and/or Occupancy Certification, per guidelines. Exception remains. Buyer Comment (2026-06-04): Comment from XXXX (XXXX): XXXX: The subject property was built in 2004. An occupancy certificate is not required for this transaction. |
06/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | UT | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 2000000718 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-06-03): Accepted as is. |
06/03/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 2000000718 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Desk Review Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-06-03): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | A | A | A | A | A | FL | Primary | Purchase | Final CD evidences Cure | B | B | A | A | B | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000126014 | XXXXXX | XXXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount. | Reviewer Comment (2026-06-04): Client elects to waive |
06/04/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CO | Primary | Purchase | B | B | B | B | A | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000126014 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Appraisal Re-Inspection Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-06-03): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | A | A | A | A | A | CO | Primary | Purchase | Final CD evidences Cure | B | B | B | B | A | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000128556 | XXXXXX | XXXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Reviewer Comment (2026-06-03): Accepted as is. |
06/03/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Purchase | B | B | B | B | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000125778 | XXXXXX | XXXXXX | Credit | Insurance | Insurance Documentation | Insurance | Rent loss insurance is required on all properties and there is no evidence of this insurance in the file. | 6 months Rent loss insurance is required for the subject property. | Reviewer Comment (2026-06-23): Received, Clearing. Seller Comment (2026-06-23): Comment from Purchasing Team (XXXX): Please see attached explanation regarding insurance premium. Reviewer Comment (2026-06-16): The policy provided reflecting sufficient rent loss insurance does not list the updated premium for the additional coverage, provide policy reflecting new premium Seller Comment (2026-06-16): Comment from Purchasing Team (XXXX): Please see the insurance policy with rent loss coverage. Reviewer Comment (2026-06-09): Rent loss requirement is 6 months rent which is $XXXX, however the policy reflects $XXXX Seller Comment (2026-06-09): Comment from Purchasing Team (XXXX.): Please see insurance with rent loss. |
06/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000128473 | XXXXXX | XXXXXX | Credit | Credit | Credit Eligibility | Guideline | Public Record Issue: | - | Original // Public Record Type: Collections / Balance: XXXX: Public Record Issue: | Reviewer Comment (2026-06-04): Client elects to waive |
06/04/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | WA | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000128473 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Receipt of Appraisal is missing. | Reviewer Comment (2026-06-04): Client elects to waive |
06/04/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | WA | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000128473 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-06-04): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | A | A | A | A | A | WA | Primary | Purchase | Final CD evidences Cure | B | B | B | B | B | B | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXXX | 4000124338 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | Reviewer Comment (2026-06-04): Client elects to waive |
06/04/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CT | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000124338 | XXXXXX | XXXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of XXXX% exceeds guideline total debt ratio of XXXX%. | Reviewer Comment (2026-06-10): Duplicate XXXX account omitted
from debts - DTI meets guidelines |
06/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CT | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000124338 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of XXXX does not match Due Diligence Loan Designation of XXXX. | Originator loan designation of Non-QM does not match due diligence loan designation of ATR Risk. | Reviewer Comment (2026-06-10): Duplicate XXXX account omitted
from debts - DTI meets guidelines |
06/10/2026 | No | 1 | B | A | C | A | B | A | C | A | B | A | CT | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation | C | B | C | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000124338 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines | Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of XXXX% moderately exceeds the guideline maximum of XXXX%. (DTI Exception is eligible to be regraded with compensating factors.) | The DTI calculated in accordance with the lender's guidelines and 1026.43(c)(5) of XXXX% moderately exceeds the guideline maximum of XXXX%. | Reviewer Comment (2026-06-10): Duplicate XXXX account omitted
from debts - DTI meets guidelines |
06/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CT | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000124338 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | General Ability to Repay Provision: Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | The DTI calculated in accordance with the lender's guidelines and 1026.43(c)(5) of XXXX% moderately exceeds the guideline maximum of XXXX%. | Reviewer Comment (2026-06-10): Duplicate XXXX account omitted
from debts - DTI meets guidelines |
06/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CT | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000124338 | XXXXXX | XXXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Missing listing agreement and appraisal for departing residence. | Reviewer Comment (2026-06-08): Received Appraisal for departing
residence. Exception cleared. Seller Comment (2026-06-05): Comment from XXXX (XXXX): Appraisal for departing residence |
06/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CT | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000128455 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Employer Identification Number (EIN) not provided | Employer Identification Number (EIN) is missing. | Reviewer Comment (2026-06-04): EIN is not a requirement of
guidelines Buyer Comment (2026-06-03): Comment from XXXX (XXXX): Hello, the EIN number is not legally required to be on LLC documents. In addition, it is not listed as a requirement on the XXXX guidelines. May we please request a waiver on the condition? Thank you. |
06/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000127596 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-06-04): Client elects to waive |
06/04/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | VA | Investment | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | N/A | No | ||||||||||
| XXXXXX | 2000000751 | XXXXXX | XXXXXX | Compliance | Compliance | State Compliance | State Defect | (TX50(a)(6)) Texas Cash-out Loan (Acknowledgment of Fair Market Value Disclosure Not Signed by the Lender) | Texas Constitution Section 50(a)(6): Acknowledgment of the Fair Market Value not properly executed by the Lender. | Reviewer Comment (2026-06-05): Updated doc provided. Cleared. |
06/05/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | TX | Primary | Refinance - Cash-out - Other | To Remediate: the lender or holder may either: (1) Deliver to the borrower the required disclosure documents, (AFMV signed by the lender), and obtain an executed copy; OR (2) refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. Letter of explanation and proof of delivery of cure documents required, and, if cured with refund or credit, copy of refund check or evidence of principal reduction also required. | D | B | A | A | D | B | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXXX | 2000000751 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Non Escrow Costs Year 1 Underdisclosed - October 2018 | TILA-RESPA Integrated Disclosure - Loan Disclosures: Non Escrowed Property Costs over Year 1 of on Final Closing Disclosure provided on XXXX are underdisclosed. | HOA Dues are $XXXX annually however, non escrowed property costs on page 4 of the closing disclosure is blank. | Reviewer Comment (2026-06-11): XXXX Received Letter of
Explanation & Corrected Closing Disclosure. Buyer Comment (2026-06-10): CD Reviewer Comment (2026-06-09): The appraisal indicates HOA dues of $XXXX per year. The acceptable amounts are 10,11, or 12 months. The allowable tolerance for the escrow account fields is $XXXX for under disclosure and no penalty for over disclosure however the amount cannot exceed 12 months of calculated costs or less than 9 months. Please provide verification if using an updated amount. Letter of Explanation and Corrected CD required to cure. |
XXXXX | No | 2 | C | B | C | B | C | B | C | B | C | B | TX | Primary | Refinance - Cash-out - Other | Letter of Explanation & Corrected Closing Disclosure | D | B | A | A | D | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 6000121285 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | XXXX Originated Loan submitted as non-exempt. | Reviewer Comment (2026-04-06): CDFI lender testing ATR |
04/06/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Purchase | C | A | A | A | C | A | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXXX | 6000121285 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $XXXX exceeds tolerance of $-XXXX. Insufficient or no cure was provided to the borrower. | Lender Credit increased from -$XXXX to $XXXX, an increase of $XXXX, without a valid changed circumstance document in file. No cure provided. | Reviewer Comment (2026-05-15): XXXX received valid COC dated
XXXX Buyer Comment (2026-05-14): PFA Reviewer Comment (2026-05-12): XXXX received rebuttal comment. However, the CD dated XXXX of sequence #2 signed by borrower on XXXX Any CD signed by borrowers must be included in testing, as they were disclosed to borrower and cannot be omitted or disregard from testing. In order to correct testing of the CD issue date or disregard the CD, we would require a lender attestation stating the actual issue date of the CD and explanation on error on disclosure or provide valid COC for the fee changed on CD dated XXXX. Otherwise cure would be due to borrower. Buyer Comment (2026-05-11): Kindly disregard the CD dated XXXX of sequence#2CD (D0365) and consider the correct CD of XXXX which is exactly within the 3 days guideline of COC dated XXXX. Reviewer Comment (2026-05-07): XXXX received COC dated XXXX.However, the fee reduced on CD dated XXXX sequence 2. Kindly provide a valid COC for lender credit reduced or cure due to borrower. Cure documents consist of Post CD,LOX,Copy of refund check and proof of mailing. Buyer Comment (2026-05-06): PFA Reviewer Comment (2026-04-22): XXXX received COC dated XXXX for change in loan amount and rate but as per file there seems to be no CD provided within 3 business days from the date of change. There are 2 CDs with issue date of XXXX where the loan amount and rate was changed on the sequence #2 CD (D0365). Please provide a valid COC or any missing CD to re-evaluate the exception. Buyer Comment (2026-04-21): Increase in the Loan Amount is the reason for change in Lender Credit. |
05/15/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | A | A | C | A | A | A | Non QM | Exempt from ATR | No | |||||||||
| XXXXXX | 6000121285 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Loan Discount Points increased from $XXXX to $XXXX, an increase of $XXXX, without a valid changed circumstance document in file. No cure provided. | Reviewer Comment (2026-05-15): XXXX received valid COC dated
XXXX Buyer Comment (2026-05-14): PFA Reviewer Comment (2026-05-12): XXXX received rebuttal comment. However, the CD dated XXXX of sequence #2 signed by borrower on XXXX. Any CD signed by borrowers must be included in testing, as they were disclosed to borrower and cannot be omitted or disregard from testing. In order to correct testing of the CD issue date or disregard the CD, we would require a lender attestation stating the actual issue date of the CD and explanation on error on disclosure or provide valid COC for the fee changed on CD dated XXXX. Otherwise cure would be due to borrower. Buyer Comment (2026-05-11): Kindly disregard the CD dated XXXX of sequence#2CD (D0365) and consider the correct CD of XXXX which is exactly within the 3 days guideline of COC dated XXXX. Reviewer Comment (2026-05-07): XXXX received CD dated XXXX. However ,the fee added on CD dated XXXX for $XXXX. Kindly provide a valid COC for the fee added or cure due to borrower .Cure documents consist of Post CD,LOX,Copy of refund check and proof of mailing. Buyer Comment (2026-05-06): PFA Reviewer Comment (2026-04-22): XXXX received COC dated XXXX for change in loan amount and rate but as per file there seems to be no CD provided within 3 business days from the date of change. There are 2 CDs with issue date of XXXX where the loan amount and rate was changed on the sequence #2 CD (D0365). Please provide a valid COC or any missing CD to re-evaluate the exception. Buyer Comment (2026-04-21): PFA |
05/15/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | A | A | C | A | A | A | Non QM | Exempt from ATR | No | |||||||||
| XXXXXX | 6000121285 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Mortgage Broker Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Mortgage Broker Fee increased from $XXXX to $XXXX, an increase of $XXXX, without a valid changed circumstance document in file. No cure provided. | Reviewer Comment (2026-05-15): XXXX received valid COC dated
XXXX Buyer Comment (2026-05-14): PFA Reviewer Comment (2026-05-12): XXXX received rebuttal comment. However, the CD dated XXXX of sequence #2 signed by borrower on XXXX. Any CD signed by borrowers must be included in testing, as they were disclosed to borrower and cannot be omitted or disregard from testing. In order to correct testing of the CD issue date or disregard the CD, we would require a lender attestation stating the actual issue date of the CD and explanation on error on disclosure or provide valid COC for the fee changed on CD dated XXXX. Otherwise cure would be due to borrower. Buyer Comment (2026-05-11): Kindly disregard the CD dated XXXX of sequence#2CD (D0365) and consider the correct CD of XXXX which is exactly within the 3 days guideline of COC dated XXXX. Reviewer Comment (2026-05-07): XXXX received CD dated XXXX. However, the fee added on Seq 2 CD dated XXXX for $XXXX. Kindly provide a valid COC for the fee added or cure due to borrower.Cure documents consist of Post CD,LOX,Copy of refund check and proof of mailing. Buyer Comment (2026-05-06): PFA Reviewer Comment (2026-04-22): XXXX received COC dated XXXX for change in loan amount and rate but as per file there seems to be no CD provided within 3 business days from the date of change. There are 2 CDs with issue date of XXXX where the loan amount and rate was changed on the sequence #2 CD (D0365). Please provide a valid COC or any missing CD to re-evaluate the exception. Buyer Comment (2026-04-21): PFA |
05/15/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | A | A | C | A | A | A | Non QM | Exempt from ATR | No | |||||||||
| XXXXXX | 4000128509 | XXXXXX | XXXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
Reviewer Comment (2026-06-05): Accepted as is |
06/05/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Cash-out - Other | C | B | B | B | C | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000128509 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $XXXX exceeds tolerance of $-XXXX. Insufficient or no cure was provided to the borrower. | Final Lender Credit of $XXXX exceeds tolerance of $-XXXX. Insufficient or no cure was provided to the borrower. | Reviewer Comment (2026-06-10): XXXX received updated COC with
additional information for the lender credit was decreased. Seller Comment (2026-06-08): Comment from XXXX (XXXX): COC uploaded |
06/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | B | B | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000127652 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-06-05): Cleared based on review coming
back within tolerances |
06/05/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000126249 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | No cure provided. | Reviewer Comment (2026-06-04): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | A | A | A | A | A | PA | Primary | Purchase | Final CD evidences Cure | A | A | A | A | A | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000126249 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | No cure provided. | Reviewer Comment (2026-06-04): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | A | A | A | A | A | PA | Primary | Purchase | Final CD evidences Cure | A | A | A | A | A | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000128577 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for TX Guaranty Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | No cure was provided. | Reviewer Comment (2026-06-15): XXXXReceived Letter of
Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD. Seller Comment (2026-06-11): Comment from XXXX (XXXX): Please see attached. |
XXXXX | No | 2 | C | B | C | B | C | B | C | B | C | B | TX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000126283 | XXXXXX | XXXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Verification of Non-US Citizen Status not provided | Verification of Non-US Citizen was not found in file. | Reviewer Comment (2026-06-10): Received 1003 confirms borrower
is U.S. Citizen. Exception cleared. Seller Comment (2026-06-10): Comment from XXXX (XXXX): Corrected 1003 |
06/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | B | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000126283 | XXXXXX | XXXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
The preliminary title policy is within XXXX and does not reflect a coverage amount (final title policy was not found in file). | Reviewer Comment (2026-06-05): Client elects to waive |
06/05/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | C | B | A | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000128820 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-06-05): Cleared based on review coming
back within tolerances |
06/05/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXXX | 4000124587 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Insurance | Missing Document: Flood Certificate not provided | Reviewer Comment (2026-06-05): Received Flood Certificate.
Exception cleared. Seller Comment (2026-06-05): Comment from XXXX (XXXX): flood cert |
06/05/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXXX | 4000124587 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal delivered to borrower was not provided. | Reviewer Comment (2026-06-05): Client elects to waive |
06/05/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000124938 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided | Fraud report included in the loan file is incomplete | Reviewer Comment (2026-06-05): Fraud report, cleared Seller Comment (2026-06-05): Comment from XXXX (XXXX): Please see uploaded complete background report. |
06/05/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OK | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 2000000810 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant 3 business days prior to consummation | Reviewer Comment (2026-06-04): Client elects to waive |
06/04/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | TN | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 2000000810 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant 3 business days prior to consummation. | Reviewer Comment (2026-06-04): Client elects to waive |
06/04/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | TN | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 2000000810 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception approved for residual income below $XXXX. Comp factors: LTV of XXXX% and XXXX months of reserves. | Borrower's monthly reserves have been verified and exceed the
amount required based on the guidelines by at least 4 months. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-06-04): Client elects to waive/regrade
with compensating factors. |
06/04/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | TN | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | |||||||||
| XXXXXX | 4000124506 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $XXXX exceeds tolerance of $-XXXX. Insufficient or no cure was provided to the borrower. | Insufficient or no cure was provided to the borrower. | Reviewer Comment (2026-06-10): XXXX received rebuttal and valid
COC document Seller Comment (2026-06-08): Comment from XXXX (XXXX): Please provide your calculations. We have taken the time to list the fees on the LE, initial CD, Signed CD and Final CD and NONE have increased |
06/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | A | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000127851 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-06-08): Accepted as is. |
06/08/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000128991 | XXXXXX | XXXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
Reviewer Comment (2026-06-08): Accepted as is. |
06/08/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | B | B | C | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000128991 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Loan Estimate Timing Electronically Provided | TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated XXXX was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. | Loan Estimate not delivered to Borrower(s) within three (3) business days of application | Reviewer Comment (2026-06-10): XXXX received consent for LE. Seller Comment (2026-06-09): Comment from XXXX (XXXX): Initial LE dated XXXX and audit log for electronic delivery. Borrower eConsent confirmed XXXX and XXXX. |
06/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | B | B | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000123943 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-06-08): Cleared based on review coming
back within tolerances |
06/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000126215 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception to use gift funds of $XXXX, not meeting tradeline requirements, waive seasoning requirement to sell RSU and stock options for cash, DTI over XXXX%, and to use a joint bank account with the gift donor for asset depletion. | Borrower has verified disposable income of at least $2500.00. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-06-08): Lender exception approved |
06/08/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | B | B | B | B | A | A | A | A | Non QM | Non QM | No | |||||||||
| XXXXXX | 2000000744 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Verification appraisal was delivered to borrower was not provided. | Reviewer Comment (2026-06-08): Accepted as is per client. |
06/08/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 2000000606 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of Appraisal was not found in the file. | Reviewer Comment (2026-06-09): Accepted as is per client. |
06/09/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 2000000606 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Lender's Title Insurance. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Insufficient or no cure was provided to the borrower. | Reviewer Comment (2026-06-11): XXXX received a valid COC. |
06/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | C | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 2000000606 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Insufficient or no cure was provided to the borrower. | Reviewer Comment (2026-06-11): XXXX received a valid COC. |
06/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | C | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 2000000606 | XXXXXX | XXXXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | VOR provided is not completed. | Reviewer Comment (2026-06-09): Received Payment history.
Exception cleared. |
06/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 2000000788 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower, but not provided. | Reviewer Comment (2026-06-08): Client elects to waive |
06/08/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Investment | Purchase | B | B | A | A | B | B | A | A | N/A | N/A | No | ||||||||||
| XXXXXX | 4000124675 | XXXXXX | XXXXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. | Borrower's monthly reserves have been verified and exceed the
amount required based on the guidelines by at least 4 months. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |
SitusAMC SitusAMC |
Reviewer Comment (2026-06-17): Client elects to waive Reviewer Comment (2026-06-17): reopened Reviewer Comment (2026-06-15): Accepted as is per client Reviewer Comment (2026-06-10): As our system goes out 5 decimal spaces the buyer will need to approve the exceeding LTV/CLTV. Buyer Comment (2026-06-10): Comment from XXXX (XXXX): Invalid. LTV is only required to be calculated to three decimal places which is XXXX% and meets guidelines. Please waive. |
06/17/2026 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | FL | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||
| XXXXXX | 4000124675 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender Exception with Approved Status is for Borrowers are first investors. DSCR <XXXX requesting DSCR>/= XXXX for first time investor. Comp Factors FICO XXXX 9 months reserves. | Borrower's monthly reserves have been verified and exceed the
amount required based on the guidelines by at least 4 months. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |
SitusAMC SitusAMC |
Reviewer Comment (2026-06-17): Client elects to waive Reviewer Comment (2026-06-17): reopened Reviewer Comment (2026-06-15): Accepted as is per client Reviewer Comment (2026-06-10): As our system goes out 5 decimal spaces the buyer will need to approve the exceeding LTV/CLTV. Seller Comment (2026-06-10): Comment from XXXX (XXXX): Exception was approved |
06/17/2026 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | FL | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||
| XXXXXX | 4000124675 | XXXXXX | XXXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___. | Calculated combined loan to value percentage of XXXX% exceeds Guideline combined loan to value percentage of XXXX%. This is due to rounding. | Borrower's monthly reserves have been verified and exceed the
amount required based on the guidelines by at least 4 months. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |
SitusAMC SitusAMC |
Reviewer Comment (2026-06-17): Client elects to waive Reviewer Comment (2026-06-15): Accepted as is per client. Reviewer Comment (2026-06-10): As our system goes out 5 decimal spaces the buyer will need to approve the exceeding LTV/CLTV. Buyer Comment (2026-06-10): Comment from XXXX (XXXX): Invalid. LTV is only required to be calculated to three decimal places which is XXXX% and meets guidelines. Please waive. |
06/15/2026 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | FL | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||
| XXXXXX | 4000127084 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-06-10): Accepted as is. |
06/10/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000127084 | XXXXXX | XXXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
Reviewer Comment (2026-06-10): Accepted as is. |
06/10/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000128272 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Guidelines state that properties less than 600 sq. ft. are
ineligible. The subject property is a 525 sq. ft. attached condominium.
Comparables 1, 3, and 4 are also below 600 sq. ft., with two at 575 sq. ft.
and the other at 550 sq. ft., documenting market acceptance. The two
remaining comparables are both 700 sq. ft. Compensating Factors include the FICO of XXXX and additional 6 months for reserves. |
Borrower's monthly reserves have been verified and exceed the
amount required based on the guidelines by at least 4 months. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-06-09): Client elected to waive/regrade
with compensating factors. Lender exception provided. |
06/09/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | IL | Investment | Purchase | B | B | B | B | A | A | N/A | No | ||||||||||||
| XXXXXX | 4000128171 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-06-09): Cleared based on review coming
back within tolerances |
06/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MO | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000127721 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | XXXX Installment Agreement utilized in lieu of current IRS payment reminder/updated installment statements. | Borrower has been employed in the same industry for more than 5
years. Borrower has worked in the same position for more than 3 years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-06-10): Client elected to waive/regrade
with compensating factors. Lender exception provided. |
06/10/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | IN | Primary | Purchase | B | B | B | B | A | A | A | A | Non QM | Non QM | No | |||||||||
| XXXXXX | 4000126462 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-06-09): Cleared based on review coming
back within tolerances |
06/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXXX | 4000127205 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The 1008 notes reflect an exception was obtained to use the higher lease amount with verification of receipt, however, the exception approval was not found in the file. | Reviewer Comment (2026-06-10): Signed approved client exception
received. Seller Comment (2026-06-10): Comment from XXXX (XXXX): Exception approval attached. |
06/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000127307 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-06-11): Clearing based on review coming
back within tolerances. |
06/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXXX | 4000128159 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-06-11): Clearing based on review coming
back within tolerances. |
06/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MS | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000128159 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender Exception Approved is for Non-Warrantable Condominium. Comp Factors: FICO XXXX, DSCR XXXX and 36 months of reserves. | Borrower's monthly reserves have been verified and exceed the
amount required based on the guidelines by at least 4 months. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |
SitusAMC SitusAMC |
Reviewer Comment (2026-06-10): Client elects to waive/regrade
with compensating factors. |
06/10/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | MS | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||
| XXXXXX | 4000128054 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Rent loss insurance is required and must equal 6 months of rental income. | Reviewer Comment (2026-06-11): Received, Clearing. Seller Comment (2026-06-11): Comment from XXXX (XXXX): Please see HOI agent's email regarding rent loss coverage. |
06/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AR | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000127635 | XXXXXX | XXXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Donor Check not provided | Donor Check is missing for Gift Funds in the amount of $XXXX. | Reviewer Comment (2026-06-11): Received Wire confirmation.
Exception cleared. Seller Comment (2026-06-11): Comment from XXXX (XXXX): Gift |
06/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TN | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000127635 | XXXXXX | XXXXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Verification(s) of employment is not within 10 business days of the Note. | - | Reviewer Comment (2026-06-15): Received Verification(s) of
employment. Exception cleared. Seller Comment (2026-06-15): Comment from XXXX (XXXX): VOE |
06/15/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TN | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000127635 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of XXXX does not match Due Diligence Loan Designation of XXXX. | Reviewer Comment (2026-06-15): Received Verification(s) of
employment. Exception cleared. Buyer Comment (2026-06-15): Comment from XXXX (XXXX): VOE attached to previous condition |
06/15/2026 | No | 1 | B | A | C | A | B | A | C | A | B | A | TN | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation | C | A | C | A | C | A | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXXX | 4000127635 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | General Ability to Repay Provision: Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Verbal Verification of Employment is not provided within 10 days of Closing Date. | Reviewer Comment (2026-06-15): Received Verification(s) of
employment. Exception cleared. Buyer Comment (2026-06-15): Comment from XXXX (XXXX): VOE attached to previous condition |
06/15/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TN | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000127524 | XXXXXX | XXXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | The Title Policy Amount of $XXXX is less than the note amount of $XXXX based on the Commitment in file. | Reviewer Comment (2026-06-11): Accepted as is. |
06/11/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | KS | Investment | Purchase | B | B | B | B | A | A | N/A | No | |||||||||||||
| XXXXXX | 4000127524 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Guidelines state that an Employer Identification Number (EIN) is required when vesting in an LLC. The Borrower is XXXX% owner of the business. The business does not have an EIN due to being a sole proprietorship. Per the state of XXXX, an EIN is only required if "you pay wages to one or more employees, or if you are a partnership, corporation, trust, estate or non-profit organization." The Borrower has been using their SSN in lieu of an EIN. | Borrower's monthly reserves have been verified and exceed the
amount required based on the guidelines by at least 4 months. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |
SitusAMC SitusAMC |
Reviewer Comment (2026-06-11): Client elected to waive/regrade
with compensating factors. |
06/11/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | KS | Investment | Purchase | B | B | B | B | A | A | N/A | No | ||||||||||||
| XXXXXX | 4000126666 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception was conditionally approved for borrower not being a first-time homebuyer, allowing for the property owned in XXXX to show homeownership. Compensating factors include down payment and minimal debt user. | Borrowers made a down payment from their own funds on this
purchase transaction of at least 5% and $5,000.00. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-06-11): Client elected to waive/regrade
with compensating factors. |
06/11/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | FL | Investment | Purchase | B | B | B | B | A | A | N/A | No | ||||||||||||
| XXXXXX | 4000127838 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus XXXX% or $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | 10% tolerance was exceeded by $XXXX due to increase of recording fee. No valid COC provided, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $XXXX, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made. | Reviewer Comment (2026-06-19): XXXX received corrected PCCD and
LOE reconciled as per final SS. Seller Comment (2026-06-17): Comment from XXXX (XXXX): Please see attached |
06/19/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | A | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 2000000836 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Divorce Decree / Child Support not provided | Divorce Decree / Child Support was not provided in the file to verify monthly payment of $XXXX monthly. | Reviewer Comment (2026-06-11): Received, Clearing. |
06/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 2000000836 | XXXXXX | XXXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of XXXX% exceeds guideline total debt ratio of XXXX% due to the taxes used to qualify of $XXXX per month is less than verified taxes from tax cert of $XXXX per month. | Reviewer Comment (2026-06-11): Received email, clearing. |
06/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 2000000836 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of XXXX does not match Due Diligence Loan Designation of XXXX. | Reviewer Comment (2026-06-11): Received email, clearing. |
06/11/2026 | No | 1 | B | A | C | A | B | A | C | A | B | A | TX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation | C | A | C | A | C | A | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXXX | 2000000836 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines | Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of XXXX% moderately exceeds the guideline maximum of XXXX%. (DTI Exception is eligible to be regraded with compensating factors.) | The DTI calculated in accordance with the lender's guidelines and 1026.43(c)(5) of XXXX% moderately exceeds the guideline maximum of XXXX%. | Reviewer Comment (2026-06-11): Received email, clearing. |
06/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 2000000836 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-06-10): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | A | A | A | A | A | TX | Primary | Purchase | Final CD evidences Cure | C | A | C | A | C | A | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXXX | 2000000836 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | General Ability to Repay Provision: Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Loan does not meet one or more guideline components, which could impact the borrower's ability to repay. | Reviewer Comment (2026-06-11): Received email, clearing. |
06/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 2000000654 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Verification appraisal delivered to borrower was not provided. | Reviewer Comment (2026-06-10): Accepted as is. |
06/10/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Primary | Refinance - Rate/Term | C | B | A | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 2000000654 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Loan Estimate Timing Electronically Provided | TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated XXXX was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. | Missing evidence the initial Loan Estimate was provided to the borrower within 3 business days of application date | Reviewer Comment (2026-06-12): XXXX Received earliest E-Consent
dated XXXX. |
06/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Rate/Term | C | B | A | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 2000000654 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Extension Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Missing evidence of rate lock extension | Reviewer Comment (2026-06-12): XXXX Received Valid COC dated
XXXX along with CD. |
06/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Rate/Term | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 2000000728 | XXXXXX | XXXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal was made "subject to" and Form 1004D/442 was not provided. | - | Reviewer Comment (2026-06-11): Received 442 - Certificate of
Completion. Exception cleared. |
06/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NV | Primary | Purchase | C | B | A | A | B | B | C | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 2000000728 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Verification appraisal delivered to borrower was not provided | Reviewer Comment (2026-06-10): Accepted as is. |
06/10/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | NV | Primary | Purchase | C | B | A | A | B | B | C | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 2000000794 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Verification Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Insufficient or no cure was provided to the borrower. | Reviewer Comment (2026-06-17): XXXX received COC dated XXXX. |
06/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 2000000794 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Temporary Buydown. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Insufficient or no cure was provided to the borrower. | Reviewer Comment (2026-06-23): XXXX received Letter of
Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD. |
XXXXX | No | 2 | C | B | C | B | C | B | C | B | C | B | CO | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 2000000794 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Temporary Buydown Terms Not Reflected on Disclosures Test | TRID: Terms on CD disclosed incorrectly. Temporary buydown terms paid by consumer or paid by other and reflected in the credit contract not accounted for accurately in disclosures provided to consumer. | Reviewer Comment (2026-06-24): XXXXreceived Letter of
Explanation & Corrected CD |
XXXXX | No | 2 | C | B | C | B | C | B | C | B | C | B | CO | Primary | Purchase | Provide the following: Letter of Explanation notifying borrower or error, Corrected CD, and Proof of Delivery (Proof of receipt and reopened rescission also required if transaction is rescindable and material disclosures are inaccurate) | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXXX | 2000000794 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Final Closing Disclosure Interest Rate Change After Closing Testing | TILA-RESPA Integrated Disclosure - Loan Terms: Final Closing Disclosure provided on XXXX incorrectly disclosed whether the Interest Rate can change. | Final Closing Disclosure provided on XXXX incorrectly disclosed whether the interest rate can change. (Final/XXXX) | Reviewer Comment (2026-06-24): XXXX received Letter of
Explanation & Corrected CD |
XXXXX | No | 2 | C | B | C | B | C | B | C | B | C | B | CO | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 2000000794 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Final Closing Disclosure Principal and Interest Change After Closing Testing | TILA-RESPA Integrated Disclosure - Loan Terms: Final Closing Disclosure provided on XXXX incorrectly disclosed whether the Principal and Interest Payment can change. | Reviewer Comment (2026-06-24): XXXX received Letter of
Explanation & Corrected CD |
XXXXX | No | 2 | C | B | C | B | C | B | C | B | C | B | CO | Primary | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXXX | 2000000794 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Reviewer Comment (2026-06-11): Accepted as is. |
06/11/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CO | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 2000000794 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Product Testing | TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on XXXX disclosed a Product that does not match the actual product for the loan. Additional AIR/AP table failures could apply for loans with an adjustable rate or adjustable payment with incorrect Product disclosure. | Reviewer Comment (2026-07-06): XXXX received PCCD and LOE. Reviewer Comment (2026-07-02): XXXX received Corrected CD & LOE to borrower. However, the product for the Step Rate was not correctly disclosed. On Step Rate Buydown 37(a)(10) commentary references a rate in effect "prior" to the step rate period and based on discussion with outside counsel, we would see that 0/1 would be the proper disclosure of this field given the buydown rate is immediately in effect at consummation and then adjusts 1 year thereafter, or 0/1 Step Rate being proper disclosure of this product. Corrected CD & LOE to borrower to correct. Reviewer Comment (2026-07-01): XXXX received Corrected CD issued XXXX. However, there was not correction to the Product on page 1 Loan Information. CD shows product as Step Rate but did not disclose the introductory rate or payment period & the first adjustment period/frequency. (i.e. 0/1 Step Rate) Corrected CD & LOE to borrower required to cure. Buyer Comment (2026-06-30): CD Reviewer Comment (2026-06-24): XXXX received Corrected CD issued XXXX. CD revised to show product as Step Rate but did not disclose the introductory rate or payment period & the first adjustment period/frequency. (i.e. 0/1 Step Rate) Corrected CD & LOE to borrower required to cure. |
XXXXX | No | 2 | C | B | C | B | C | B | C | B | C | B | CO | Primary | Purchase | Letter of Explanation, Re-Disclose Correct Information | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXXX | 2000000794 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Final Closing Disclosure Principal and Interest Testing | TILA-RESPA Integrated Disclosure - Loan Terms: Final Closing Disclosure provided on XXXX disclosed a Principal and Interest Payment that does not match the actual payment for the loan. | Principal and Interest Payment that does not match the actual payment for the loan. | Reviewer Comment (2026-06-24): XXXX received Letter of
Explanation & Corrected CD |
XXXXX | No | 2 | C | B | C | B | C | B | C | B | C | B | CO | Primary | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 2000000794 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Projected P&I Payment Min Payment Fixed Rate Initial Payment | TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on XXXX disclosed a periodic principal and interest payment for payment stream 1 that does not match the actual payment for the loan. | Final Closing Disclosure provided on XXXX disclosed a periodic principal and interest payment for payment stream 1 that does not match the actual payment for the loan. | Reviewer Comment (2026-06-24): XXXX received Letter of
Explanation & Corrected CD |
XXXXX | No | 2 | C | B | C | B | C | B | C | B | C | B | CO | Primary | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 2000000856 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Reviewer Comment (2026-06-10): Accepted as is. |
06/10/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | N/A | N/A | No | |||||||||||
| XXXXXX | 2000000860 | XXXXXX | XXXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - ___ | Missing Insurance Verification, P&I and Tax Verification for property at XXXX. | Reviewer Comment (2026-06-11): Received, Clearing. Buyer Comment (2026-06-11): This house was free and clear - New refi - see attached Closing CD |
06/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 2000000860 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Tax Service Fee (Life Of Loan). Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-06-11): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Purchase | Final CD evidences Cure | C | A | C | A | A | A | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXXX | 2000000882 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Borrower waived the right to receive a copy of the appraisal at least three (3) business days prior to closing, and the appraisal was not provided at or before closing. | Reviewer Comment (2026-06-11): Accepted as is. |
06/11/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | B | B | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 2000000882 | XXXXXX | XXXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | The Title Policy Amount of $XXXX is less than the note amount of $XXXX based on the preliminary in file. | Reviewer Comment (2026-06-11): Accepted as is. |
06/11/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | B | B | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 2000000882 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure AP Table Disclosed | TILA-RESPA Integrated Disclosure - Adjustable Payment Table: Final Closing Disclosure provided on XXXX disclosed an AP Table when not permissible. | Loan product on Closing Disclosures reflects "Fixed rate" when the loan was approved as a "10 Year interest only, Fixed Rate" loan. | Reviewer Comment (2026-06-16): Letter of Explanation and PCCD
received |
XXXXX | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure | C | B | B | B | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 2000000882 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure AP Table First Change Period | TILA-RESPA Integrated Disclosure - Adjustable Payment Table: Final Closing Disclosure provided on XXXX incorrectly disclosed the First Change period according to the disclosed Loan Product. | Loan product on Closing Disclosures reflects "Fixed rate" when the loan was approved as a "10 Year interest only, Fixed Rate" loan. | Reviewer Comment (2026-06-16): Letter of Explanation and PCCD
received |
XXXXX | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure | C | B | B | B | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 2000000882 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure AP Table Interest Only Payment | TILA-RESPA Integrated Disclosure - Adjustable Payment Table: Final Closing Disclosure provided on XXXX incorrectly disclosed whether the loan contains Interest Only Payments. | Loan product on Closing Disclosures reflects "Fixed rate" when the loan was approved as a "10 Year interest only, Fixed Rate" loan. | Reviewer Comment (2026-06-16): Letter of Explanation and PCCD
received |
XXXXX | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure | C | B | B | B | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 2000000882 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure AP Table Maximum Payment | TILA-RESPA Integrated Disclosure - Adjustable Payment Table: Final Closing Disclosure provided on XXXX disclosed a Maximum Payment amount and period that does not match the actual terms for the loan. | Loan product on Closing Disclosures reflects "Fixed rate" when the loan was approved as a "10 Year interest only, Fixed Rate" loan. | Reviewer Comment (2026-06-16): Letter of Explanation and PCCD
received |
XXXXX | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure | C | B | B | B | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 2000000882 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Product Feature Test | TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on XXXX did not disclose a Product Feature for a loan that contains a product feature. | Loan product on Closing Disclosures reflects "Fixed rate" when the loan was approved as a "10 Year interest only, Fixed Rate" loan. | Reviewer Comment (2026-06-16): Letter of Explanation and PCCD
received |
XXXXX | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure | C | B | B | B | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 2000000882 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Product Testing | TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on XXXX disclosed a Product that does not match the actual product for the loan. Additional AIR/AP table failures could apply for loans with an adjustable rate or adjustable payment with incorrect Product disclosure. | Loan product on Closing Disclosures reflects "Fixed rate" when the loan was approved as a "10 Year interest only, Fixed Rate" loan. | Reviewer Comment (2026-06-16): Letter of Explanation and PCCD
received |
XXXXX | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Purchase | Letter of Explanation, Re-Disclose Correct Information | C | B | B | B | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000128216 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | RESPA | RESPA - Initial Escrow Account Statement Missing | RESPA: Initial escrow account statement was not provided to the borrower. | Initial escrow account statement was not provided to the borrower. | Reviewer Comment (2026-06-12): Accepted as is. |
06/12/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | MA | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000128216 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-06-12): Accepted as is. |
06/12/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | MA | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000125971 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Flood Certification (Life Of Loan). Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-06-11): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | A | A | A | A | A | OH | Primary | Refinance - Rate/Term | Final CD evidences Cure | A | A | A | A | A | A | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXXX | 2000000824 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to the applicant three (3) business days prior to consummation. | Reviewer Comment (2026-06-11): Accepted as is. |
06/11/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Purchase | B | B | A | A | B | B | A | A | N/A | N/A | No | ||||||||||
| XXXXXX | 4000128407 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception approved for XXXX% LTV for a cash-out refinance. Comp Factors owned primary for 4 years, housing history paid 0x30x16, strong borrower cash reserves prior to cash-out. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | SitusAMC | Reviewer Comment (2026-06-15): Client elects to waive/regrade
with compensating factors. |
06/15/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | TX | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | N/A | No | ||||||||||||
| XXXXXX | 4000121930 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-06-15): Clearing based on review coming
back within tolerances. |
06/15/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OH | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000121930 | XXXXXX | XXXXXX | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD (Asset) not provided | Signed HUD for closing/proceeds of REO not provided in file. | Reviewer Comment (2026-06-19): Received, Clearing. Seller Comment (2026-06-19): Comment from XXXX (XXXX): XXXX: Please see attached document |
06/19/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OH | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000127616 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-06-15): Clearing based on review coming
back within tolerances. |
06/15/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | SC | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | N/A | No | ||||||||||||
| XXXXXX | 4000125599 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-06-15): Clearing based on review coming
back within tolerances. |
06/15/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXXX | 4000127394 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Reviewer Comment (2026-06-17): XXXX Received Letter of
Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Seller Comment (2026-06-16): Comment from Purchasing Team (XXXX): Please see verification of refund to borrower. |
XXXXX | No | 2 | C | B | C | B | C | B | C | B | C | B | WA | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000127394 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Reviewer Comment (2026-06-12): Accepted as is. |
06/12/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | WA | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000121932 | XXXXXX | XXXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal was made "subject to" and Form 1004D/442 was not provided. | - | Appraisal was made subject to, and 442 is not in images. | Reviewer Comment (2026-06-18): Received, Clearing. Seller Comment (2026-06-17): Comment from XXXX (XXXX): XXXX: Please see the attached documentation. Please note that per the Fannie Mae Guidelines b4-1.3-06, a 1004D is not required. I've attached the guidelines. I've also attached the appraisal that confirms that this property is subject to the inspection. If the appraisal was marked subject to repairs or completion a 1004D would be required. Based on the documentation, the inspection was only required to confirm the health and safety concerns. Because the inspection came back with no health or safety concerns and only a cosmetic situation the appraiser doesn't need to provide a 1004D. Currently we are within the allowable guidelines and the 1004D would not be required. Reviewer Comment (2026-06-15): Required 1004D/442 for clear the Exception, Exception Remains. Seller Comment (2026-06-15): Comment from XXXX (XXXX): XXXX: Please note that per the appraisal, the property was marked subject to the required inspection. Per Fannie Mae B4-1.3-06, if appraiser is not qualified to evaluate, the appraisal must be noted subject to the satisfactory inspection. If the inspection comes back acceptable with nothing additional required, the appraisal is acceptable without a 1004D final inspection. please see the inspection report that confirms the items in question are cosmetic. because there are no health or safety concerns noted by the professional inspector, the inspection is an acceptable alternative and the 1004D is not required. |
06/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OH | Investment | Purchase | C | A | A | A | C | A | N/A | No | |||||||||||||
| XXXXXX | 2000000820 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure APR | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX did not disclose the APR. | Final Closing Disclosure is missing Page 5. | Reviewer Comment (2026-06-15): XXXX received complete final
CD. |
06/15/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | GA | Primary | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed equivalent amount, Corrected CD, and Re-open Rescission if Applicable | C | A | A | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 2000000820 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Finance Charge Test | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX did not disclose the Finance Charge. | Final Closing Disclosure is missing Page 5. | Reviewer Comment (2026-06-15): XXXX received complete final
CD. |
06/15/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | GA | Primary | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) | C | A | A | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 2000000820 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Total Of Payments | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX did not disclose the Total of Payments. | Final Closing Disclosure is missing Page 5. | Reviewer Comment (2026-06-15): XXXX received complete final
CD. |
06/15/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | GA | Primary | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed equivalent amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) | C | A | A | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 2000000777 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-06-11): Accepted as is. |
06/11/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | MD | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 2000000777 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver Test | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. | Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. | Reviewer Comment (2026-06-15): XXXX received initial CD. |
06/15/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Purchase | No Defined Cure | C | B | A | A | C | B | A | A | Non QM | Non QM | No | |||||||||
| XXXXXX | 2000000777 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Survey Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | No Cure was provided. | Reviewer Comment (2026-06-23): XXXX received lender email from
settlement confirming title requested for removal of survey exceptions, on
borrower chosen provider and shoppable fee. Reviewer Comment (2026-06-18): Since the borrower elected to have survey completed on their own then a Corrected CD moving the fee to Section H and LOE to borrower is required. Buyer Comment (2026-06-18): It was not lender required. Borrower opt for it Reviewer Comment (2026-06-15): XXXX received no COC or LOE to address the addition of Survey fee on initial CD. Please provide a valid COC or confirmation if the survey fee charged is lender required or borrower opted for the same. |
06/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000128702 | XXXXXX | XXXXXX | Credit | Insurance | Insurance Documentation | Insurance | Rent loss insurance is required on all properties and there is no evidence of this insurance in the file. | Rent loss insurance for the subject property is required and must equal at least six (6) months of local average monthly rents | Reviewer Comment (2026-06-18): Received, Clearing. Seller Comment (2026-06-18): Comment from XXXX (XXXX): see attached |
06/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000128702 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-06-16): Clearing based on review coming
back within tolerances. |
06/16/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000127204 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-06-16): Clearing based on review coming
back within tolerances. |
06/16/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000128838 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-06-15): Accepted as is. |
06/15/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000128838 | XXXXXX | XXXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | File did not contain an estimated cost to replace from the insurer. Calculations are based on XXXX% of the insurable value of the improvements (from appraiser cost provided or if no appraiser cost the purchase price) using agency calculation methods. Coverage is insufficient by $XXXX. | Reviewer Comment (2026-06-16): Received Replacement Cost
Estimator and the shortfall is covered. Exception cleared. Seller Comment (2026-06-16): Comment from XXXX (XXXX): uploaded RCE |
06/16/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000127569 | XXXXXX | XXXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
Preliminary Title does not list coverage amount. | Reviewer Comment (2026-06-15): Accepted as is. |
06/15/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Refinance - Rate/Term | B | B | B | B | A | A | N/A | No | |||||||||||||
| XXXXXX | 4000123608 | XXXXXX | XXXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided | Operating agreement or similar required to confirm borrower ownership in XXXX to utilize business funds | Reviewer Comment (2026-06-16): Received CPA Letter. Exception
cleared. Seller Comment (2026-06-16): Comment from XXXX (XXXX): uploaded CPA letter |
06/16/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | IL | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000127709 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | Reviewer Comment (2026-06-16): Accepted as is. |
06/16/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | SC | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 2000000750 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-06-12): Accepted as is. |
06/12/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 2000000797 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver Test | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. | Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. | Reviewer Comment (2026-06-16): XXXX received signed ICD received 3 days prior to
consummation. |
06/16/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | SC | Second Home | Purchase | No Defined Cure | C | B | A | A | C | B | A | A | Non QM | Non QM | No | |||||||||
| XXXXXX | 2000000797 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-06-12): Accepted as is. |
06/12/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | SC | Second Home | Purchase | C | B | A | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000117966 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Borrower is First Time Investor and the DSCR is less than
XXXX. Compensating Factors include good credit depth, borrower has mortgage history for over 5 years reporting paid as agreed, own funds used to close and qualify, documented savings history and ability. Subject is a 3 unit where the current rents (being used to qualify) are much less than the market rent. |
Borrower's monthly reserves have been verified and exceed the
amount required based on the guidelines by at least 4 months. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |
SitusAMC SitusAMC |
Reviewer Comment (2026-06-16): Lender exception approved |
06/16/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | RI | Investment | Purchase | B | B | B | B | A | A | N/A | No | ||||||||||||
| XXXXXX | 4000126784 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Rider - Prepayment not provided | Rider - Prepayment is missing. | Reviewer Comment (2026-06-17): Received Rider - Prepayment.
Exception cleared. Seller Comment (2026-06-17): Comment from XXXX (XXXX): Mortgage all riders |
06/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OK | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000127137 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided. | Reviewer Comment (2026-06-17): Accepted as is. |
06/17/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | TN | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000127137 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | RESPA | RESPA - Initial Escrow Account statement Inaccurate | RESPA: Initial escrow account statement does not match charges on HUD-1/Final Closing Disclosure. | Reviewer Comment (2026-06-17): Accepted as is. |
06/17/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | TN | Primary | Purchase | If the IEAD is correct and the CD/HUD is incorrect, we require a
corrected PCCD/HUD with LOE to borrower to cure. Signature is not
required. If the CD/HUD is correct and the IEAD is incorrect, we require LOE and corrected IEAD to cure. Signature is not required. |
C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXXX | 4000127137 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Estimated Escrow Payment Under Disclosed Test | TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on XXXXXX disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. | Reviewer Comment (2026-06-26): XXXX received Corrected IEAD ,
payment letter and LOX Seller Comment (2026-06-25): Comment from XXXX (XXXX): Tax calculation LOE and revised FPL/IEAD |
06/26/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TN | Primary | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, and Corrected CD | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXXX | 4000127137 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Will Have Escrow - Monthly Escrow Payment Underdisclosed Test | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XXXX disclosed the Monthly Escrow Payment that does not match the actual escrow payment for the loan. | Final Closing Disclosure provided on XXXX disclosed the Monthly Escrow Payment that does not match the actual escrow payment for the loan. | Reviewer Comment (2026-06-26): XXXX received Corrected IEAD ,
payment letter and LOX Seller Comment (2026-06-25): Comment from XXXX (XXXX): Tax Calculation LOE and Revised FPL/IEAD |
06/26/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TN | Primary | Purchase | Provide the following: Letter of Explanation notifying borrower or error and Corrected CD | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000127137 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Appraisal Re-Inspection Fee was not disclosed on Loan Estimate. File does not contain a valid COC for this fee, nor evidence of cure. Provide a post-close CD disclosing the tolerance cure to include $XXXX, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made. | Reviewer Comment (2026-06-19): XXXX received updated CD with
valid changed circusmtance. Seller Comment (2026-06-17): Comment from XXXX (XXXX): NOLC for Final Inspection Fee for $XXXX |
06/19/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TN | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 2000000884 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-06-15): Accepted as is. |
06/15/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 2000000884 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-06-15): Accepted as is. |
06/15/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 2000000697 | XXXXXX | XXXXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. | Calculated loan-to-value percentage of XXXX% exceeds guideline loan-to-value percentage of XXXX%. | Reviewer Comment (2026-06-17): Clearing per buyer as this is due
to rounding. |
06/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||
| XXXXXX | 2000000697 | XXXXXX | XXXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___. | Calculated combined loan-to-value percentage of XXXX% exceeds guideline combined loan-to-value percentage of XXXX%. | Reviewer Comment (2026-06-17): Clearing per buyer as this is due
to rounding. |
06/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||
| XXXXXX | 2000000814 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Reviewer Comment (2026-06-16): Accepted as is. |
06/16/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 2000000802 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of Appraisal is missing. | Reviewer Comment (2026-06-16): Accepted as is. |
06/16/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 2000000802 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-06-16): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | A | A | A | A | A | FL | Primary | Refinance - Cash-out - Other | Final CD evidences Cure | B | B | A | A | B | B | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXXX | 2000000841 | XXXXXX | XXXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
The Preliminary Title Policy is within CA and does not reflect a coverage amount (no Final Title Policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2026-06-17): Accepted as is. |
06/17/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Purchase | B | B | B | B | A | A | N/A | No | |||||||||||||
| XXXXXX | 4000128038 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | No evidence that the borrower received a copy of the appraisal at least 3 business days prior to closing. | Reviewer Comment (2026-06-18): Accepted as is. |
06/18/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Refinance - Rate/Term | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000128454 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-06-17): Accepted as is. |
06/17/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Purchase | B | B | A | A | B | B | A | A | N/A | N/A | No | ||||||||||
| XXXXXX | 4000127854 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-06-19): Clearing based on review coming
back within tolerances. |
06/19/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | SC | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXXX | 4000126813 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Verification appraisal delivered to borrower was not provided. | Reviewer Comment (2026-06-19): Accepted as is. |
06/19/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | PA | Investment | Purchase | B | B | A | A | B | B | A | A | N/A | N/A | No | ||||||||||
| XXXXXX | 4000125797 | XXXXXX | XXXXXX | Credit | Disclosure | Missing Document | Disclosure | E-sign Consent Agreement is missing. | - | Reviewer Comment (2026-06-21): Received E-Sign Consent
Agreement. Exception cleared. Seller Comment (2026-06-20): Comment from XXXX (XXXX): See attached disclosure tracking |
06/21/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Exempt from ATR | No | |||||||||||
| XXXXXX | 4000125797 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Reviewer Comment (2026-06-22): Client elects to waive |
06/22/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Exempt from ATR | No | |||||||||||
| XXXXXX | 4000125797 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus XXXX% or $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-06-19): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Purchase | Final CD evidences Cure | C | A | C | A | A | A | A | A | Non QM | Exempt from ATR | Yes | ||||||||||
| XXXXXX | 4000129173 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Discount points increased to $XXXX on the XXXX CD to from $XXXX on the XXXX CD without a valid COC | Reviewer Comment (2026-06-24): XXXX received COC and CD dated
XXXX. Seller Comment (2026-06-23): Comment from XXXX (XXXX): NOLC |
06/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | IL | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | A | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000128909 | XXXXXX | XXXXXX | Property | Valuation | Valuation Issue | Valuation | The desk review has a effective date that is other than what the appraisal effective date is. The desk review should have the same effective date as the appraisal | The Desk Review or Field Review effective date does not match the Appraisal's effective date. | Reviewer Comment (2026-06-26): Received, Clearing. Seller Comment (2026-06-25): Comment from XXXX (XXXX): attached |
06/26/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NC | Investment | Purchase | C | A | C | A | C | A | N/A | No | ||||||||||||||
| XXXXXX | 4000128909 | XXXXXX | XXXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Vacation Rental Income Statement (xxxxxxx, xxxxxxx, etc.) not provided | Reviewer Comment (2026-06-23): Received, Clearing. Seller Comment (2026-06-23): Comment from XXXX (XXXX): see attached |
06/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NC | Investment | Purchase | C | A | C | A | C | A | N/A | No | |||||||||||||||
| XXXXXX | 4000126356 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-06-24): Clearing based on review coming
back within tolerances. |
06/24/2026 | No | 1 | A | A | A | A | A | CA | Investment | Refinance - Cash-out - Other | A | A | A | A | A | A | N/A | No | ||||||||||||||||||||
| XXXXXX | 4000126849 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Exception for land contract purchase structure with all funds paid to the seller for the property transaction, approved with -XXXX LPA, XXXX% down payment, XXXX FICO, XXXX DSCR ratio, XXXX months reserves. | Borrower's monthly reserves have been verified and exceed the
amount required based on the guidelines by at least 4 months. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-06-24): Client elects to waive with
compensating factors |
06/24/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | OR | Investment | Purchase | B | B | B | B | A | A | N/A | No | ||||||||||||
| XXXXXX | 2000000769 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender Exception for non-warrantable condo with developer in charge of HOA. Compensating Factors were not provided. | Borrower's monthly reserves have been verified and exceed the
amount required based on the guidelines by at least 4 months. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-06-24): Client elects to waive with
compensating factors |
06/24/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | NJ | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||
| XXXXXX | 2000000769 | XXXXXX | XXXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Source of Funds/Deposit not provided | Verification of source of funds for Earnest Money was not provided in file. | Reviewer Comment (2026-06-24): Received, Clearing. |
06/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXXX | 2000000804 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-06-23): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | A | A | A | A | A | NV | Primary | Purchase | Final CD evidences Cure | B | B | B | B | A | A | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXXX | 2000000804 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Tax Service Fee (Life Of Loan). Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-06-23): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | A | A | A | A | A | NV | Primary | Purchase | Final CD evidences Cure | B | B | B | B | A | A | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXXX | 2000000804 | XXXXXX | XXXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Reviewer Comment (2026-06-23): Accepted as is. |
06/23/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | NV | Primary | Purchase | B | B | B | B | A | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 2000000849 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided. | Reviewer Comment (2026-06-23): Accepted as is. |
06/23/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | IL | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 2000000849 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of XXXX% or Final Disclosure APR of XXXX% is equal to or greater than the threshold of APOR XXXX% + XXXX%, or XXXX%. Non-Compliant Higher Priced Mortgage Loan. | HPML requirements not met. Subject appraisal does not reflect correct address for subject property. Lender to provide updated appraisal reflecting correct address. | Reviewer Comment (2026-06-23): Received, Clearing. |
06/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | IL | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 2000000849 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) | TILA HPML Appraisal Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-06-23): Received, Clearing. |
06/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | IL | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 2000000874 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Will Not Have Escrow - Reason | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XXXX incorrectly disclosed whether the loan will have an escrow account. | Final Closing Disclosure provided on XXXX did not disclose reason for no escrow account. | Reviewer Comment (2026-07-06): XXXX received corrected PCCD and
LOE |
XXXXX | No | 2 | C | B | C | B | C | B | C | B | C | B | FL | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 2000000834 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/XXXX) | Reviewer Comment (2026-06-23): Accepted as is. |
06/23/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000125333 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant 3 business days prior to consummation. | Reviewer Comment (2026-06-24): Accepted as is. |
06/24/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | IL | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000123611 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus XXXX% or $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-06-24): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | A | A | A | A | A | CO | Primary | Purchase | Final CD evidences Cure | C | A | C | A | C | A | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXXX | 4000123611 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Review Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-06-24): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | A | A | A | A | A | CO | Primary | Purchase | Final CD evidences Cure | C | A | C | A | C | A | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXXX | 4000123611 | XXXXXX | XXXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Source of Funds/Deposit not provided | Please provide proof of receipt of $XXXX Gift Funds | Reviewer Comment (2026-06-26): Received, Clearing. Seller Comment (2026-06-26): Comment from XXXX (XXXX): Please see receipt of $XXXX gift |
06/26/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| XXXXXX | 4000123611 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of XXXX does not match Due Diligence Loan Designation of XXXX. | Please provide proof of receipt of $XXXX Gift Funds | Reviewer Comment (2026-06-26): Received, Clearing. Seller Comment (2026-06-26): Comment from XXXX (XXXX): $XXXX gift receipt attached |
06/26/2026 | No | 1 | B | A | C | A | B | A | C | A | B | A | CO | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation | C | A | C | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 4000123611 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | General Ability to Repay Provision: Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Please provide proof of receipt of $XXXX Gift Funds | Reviewer Comment (2026-06-26): Received, Clearing. Seller Comment (2026-06-26): Comment from XXXX (XXXX): Gift attached |
06/26/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 2000000975 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Reviewer Comment (2026-06-25): Accepted as is. |
06/25/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | GA | Second Home | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 2000000940 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Rent Loss Insurance was not found in file. | Reviewer Comment (2026-06-26): Received, Clearing. |
06/26/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 6000121360 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | XXXX Bank Originated Loan submitted as Non-Exempt. | Reviewer Comment (2026-04-14): CDFI lender testing ATR |
04/14/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXXX | 6000121360 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Amount Financed Test | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of $XXXX is over disclosed by $XXXX compared to the calculated Amount Financed of $XXXX and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate (fee amounts included in Amount Financed and Finance Charge calculations are based on Closing Disclosure dated XXXX). | Final closing disclosure reflecting amount financed of $XXXX which is over disclosed by $XXXX compared to the calculated amount financed of $XXXX. | Reviewer Comment (2026-06-08): XXXX received Letter of
Explanation, Proof of Delivery, Refund check & Corrected CD Reviewer Comment (2026-06-04): XXXX received Corrected CD, LOE to borrower and copy of cure refund for total underdislcosure. Missing tracking to confirm cure package has been mailed to consumer. Please note that 9 day remain to cure. Buyer Comment (2026-06-03): please see cure docs Reviewer Comment (2026-05-18): XXXX received XXXX Corrected CD. However, fee amounts have changed from the XXXX Final CD along with updating some fees to being lender specific credits. Missing LOE that would accompany this PCCD and a copy of the Final Settlement Statement to match up these fee changes to confirm final for fees. Please provide Certified true Borrower Final Settlement Statement along with the LOE to borrower which accompanied the XXXX PCCD for review and re-testing. Buyer Comment (2026-05-15): PFA Reviewer Comment (2026-04-23): XXXX received lender's Compliance Report. However, the Finance Charge amount reflected on the compliance report reflects as $XXXX but the Final CD only disclosed finance charge as $XXXX. The compliance report as Doc ID 0541 reflects a lender disclosed value of the $XXXX and does show as a FAIL and that calculated value should be $XXXX. Appears the finance charge was incorrectly disclosed and was underdisclosed by $XXXX to XXXX calculations. Cure with a Corrected CD, LOE to borrower, copy of cure refund for total underdisclosure of $XXXX and proof of mailing. Buyer Comment (2026-04-22): Please see attached Compliance report |
XXXXX | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) | C | B | A | A | C | B | A | A | Non QM | Exempt from ATR | No | |||||||||
| XXXXXX | 6000121360 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Finance Charge | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of $XXXX is under disclosed by $XXXX compared to the calculated Finance Charge of $XXXX which exceeds the $XXXX threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XXXX). | Final closing disclosure reflecting finance charge on page 5 of $XXXX is under disclosed by $XXXX compared to the calculated Finance Charge of $XXXX which exceeds the $XXXX threshold. | Reviewer Comment (2026-06-08): XXXX received Letter of
Explanation, Proof of Delivery, Refund check & Corrected CD Buyer Comment (2026-06-05): XXXX Buyer Comment (2026-06-05): please see usps tracking details screenshot and link for accessing the tracking details Reviewer Comment (2026-06-04): XXXX received Corrected CD, LOE to borrower and copy of cure refund for total underdislcosure. Missing tracking to confirm cure package has been mailed to consumer. Please note that 9 day remain to cure. Buyer Comment (2026-06-03): please see cure docs Reviewer Comment (2026-05-18): XXXX received XXXX Corrected CD. However, fee amounts have changed from the XXXX Final CD along with updating some fees to being lender specific credits. Missing LOE that would accompany this PCCD and a copy of the Final Settlement Statement to match up these fee changes to confirm final for fees. Please provide Certified true Borrower Final Settlement Statement along with the LOE to borrower which accompanied the XXXX PCCD for review and re-testing. Buyer Comment (2026-05-15): PFA Reviewer Comment (2026-04-23): XXXX received lender's Compliance Report. However, the Finance Charge amount reflected on the compliance report reflects as $XXXX but the Final CD only disclosed finance charge as $XXXX. The compliance report as Doc ID 0541 reflects a lender disclosed value of the $XXXX and does show as a FAIL and that calculated value should be $XXXX. Appears the finance charge was incorrectly disclosed and was underdisclosed by $XXXX to XXXX calculations. Cure with a Corrected CD, LOE to borrower, copy of cure refund for total underdisclosure of $XXXX and proof of mailing. Buyer Comment (2026-04-22): Please see attached Compliance report |
XXXXX | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) | C | B | A | A | C | B | A | A | Non QM | Exempt from ATR | No | |||||||||
| XXXXXX | 2000000913 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal delivered to borrower was not provided. | Reviewer Comment (2026-07-01): Client elects to waive |
07/01/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 2000000913 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-07-01): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Rate/Term | Final CD evidences Cure | B | B | A | A | B | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 2000000913 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Tax Service Fee (Life Of Loan). Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Zero Percent Fee Tolerance exceeded for Tax Service Fee (Life of Loan). Fee amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-07-01): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Rate/Term | Final CD evidences Cure | B | B | A | A | B | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXXX | 2000000869 | XXXXXX | XXXXXX | Credit | Missing Document | General | Missing Document | Missing Document: 1007 Rent Comparison Schedule not provided | Form 1007 Rent Comparison Schedule not provided. | Reviewer Comment (2026-07-06): Clearing. Buyer Comment (2026-07-06): There is no rental income. Hitting the whole payment against the borrower. No need for a 1007 |
07/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Purchase | C | B | C | B | B | B | A | A | N/A | N/A | No | |||||||||||
| XXXXXX | 2000000869 | XXXXXX | XXXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Client exception in file to restructure loan as NOO and allow for asset depletion as well as income for new employment of XXXX starting >90 days post-closing. Exception request to use employment income for borrower in addition to asset depletion as well as allowing non occupant on borrower for the program. | Borrower has been employed in the same industry for more than 5
years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-07-02): Client elects to waive with
compensating factors |
07/02/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Purchase | C | B | C | B | B | B | A | A | N/A | N/A | No | |||||||||
| XXXXXX | 2000000869 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Reviewer Comment (2026-07-02): Accepted as is. |
07/02/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Purchase | C | B | C | B | B | B | A | A | N/A | N/A | No | |||||||||||
| XXXXXX | 2000000889 | XXXXXX | XXXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Reviewer Comment (2026-07-02): Excepted as is. |
07/02/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXXX | 4000127087 | XXXXXX | XXXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 | Credit Application in file not signed by borrower. | Reviewer Comment (2026-06-17): E--signed credit application. Buyer Comment (2026-06-16): Uploaded Buyer Comment (2026-06-16): Application uploaded. Reviewer Comment (2026-05-11): The "About this Property and Your Money for this Loan" section is incomplete on the document received. Question 2, items 1 and 2, along with question 5 are blank/state select". A fully completed, signed credit application is required for review of this condition. Buyer Comment (2026-05-07): PFA Reviewer Comment (2026-05-01): The credit application received is incomplete, as Page 3, points 4 and 5, have not been completed. Additionally, Page 3 appears to belong to the initial application. Exception Remains. Buyer Comment (2026-04-30): PFA Buyer Comment (2026-04-29): PFA Reviewer Comment (2026-04-28): Received signed and dated application but page 3 information is incomplete. Exception remains. Buyer Comment (2026-04-24): PFA |
06/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OH | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000127088 | XXXXXX | XXXXXX | Credit | Insurance | Insurance Documentation | Insurance | Hazard Insurance Error: Subject hazard insurance policy coverage amount is missing from evidence of insurance. | Complete Hazard Insurance document is missing | Reviewer Comment (2026-06-24): Received Hazard Insurance.
Exception Cleared. Buyer Comment (2026-06-22): HOI Reviewer Comment (2026-06-11): Mortgagee on corrected HOI reflects XXXXXX vs XXXXXX. Buyer Comment (2026-06-09): HOI |
06/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000127088 | XXXXXX | XXXXXX | Credit | Guideline | Guideline Issue | Guideline | Verification of housing pay history is required. | Provide a pay history for the subject property. Note reflects I/O payments are required from XXXX-payoff.. | Reviewer Comment (2026-06-02): VOM received Buyer Comment (2026-05-29): VOM |
06/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXXX | 4000127088 | XXXXXX | XXXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. | Per investor overlay for loan amounts above $XXXX 6 months' reserves are required. File contains XXXX months' verified reserves through cash out (no additional asset documents were provided). | The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 700 Representative FICO: XXXX |
Originator,SitusAMC | Reviewer Comment (2026-05-13): Waived with compensating factors
per lender approved exception received in trailing documents. Buyer Comment (2026-05-11): exception Reviewer Comment (2026-05-07): Lender approved exception received; however, the comp factor for DSCR is incorrect. Calculated DSCR on subject loan is .XXXX. An updated approved exception will need to be provided with valid comp factors for review. Buyer Comment (2026-05-05): exception |
05/13/2026 | No | 2 | B | B | B | B | B | NY | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No |