|
Client Name:
|
||||
|
Client Project Name:
|
SEMT 2026-11_AssetCo
|
|||
|
Start - End Dates:
|
4/16/2026 - 8/21/2026
|
|||
|
Deal Loan Count:
|
246
|
|||
|
Waived Conditions Summary
|
||||
|
Review Scope
|
Category
|
Code
|
Description
|
Count
|
|
Credit
|
Terms/Guidelines
|
CRDTER111
|
Ownership seasoning does not meet minimum per guidelines
|
1
|
|
Credit
|
Terms/Guidelines
|
CRDTER3122
|
Loan documents do not meet guideline requirements
|
1
|
|
Credit
|
Credit/Mtg History
|
CRDCRMH118
|
Mortgage/rental lates exceed guidelines
|
1
|
|
Credit
|
Credit/Mtg History
|
CRDCRMH150
|
Tradelines do not meet guidelines
|
1
|
|
Credit
|
Credit/Mtg History
|
CRDCRMH193
|
Length of mortgage/rental history in file does not meet guideline requirement
|
3
|
|
Credit
|
Income/Employment
|
CRDINC2488
|
Verbal verification of employment missing
|
1
|
|
Credit
|
Income/Employment
|
CRDINC3204
|
Income Documentation Missing
|
1
|
|
Credit
|
Income/Employment
|
CRDINC888
|
Income Amount is Unsupported by Documentation in File
|
1
|
|
Credit
|
Assets
|
CRDAST115
|
Cash reserves do not meet guidelines
|
1
|
|
Property Valuations
|
Property
|
PRVAPROP177
|
Property Issues Indicated
|
1
|
|
Property Valuations
|
Property
|
PRVAPROP871
|
Property Location unacceptable under guidelines
|
1
|
|
Compliance
|
Right of Rescission
|
CMPROR1909
|
Incorrect ROR Form Used - XXX Form Used in Refinance With Original Creditor
|
1
|
|
Compliance
|
RESPA
|
CMPRESPA2698
|
RESPA - List of homeowners counseling organizations not in file
|
2
|
|
Compliance
|
RESPA
|
CMPRESPA863
|
RESPA: Required Affiliate Business Disclosure missing
|
6
|
|
Total
|
22
|
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|
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it was prepared. Any use not expressly authorized by such agreement, including reliance on this report by anyone other than such party, is prohibited.
|
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