|
Client Name:
|
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|
Client Project Name:
|
SEMT 2026-11
|
|||
|
Start - End Dates:
|
4/16/2026 - 8/21/2026
|
|||
|
Deal Loan Count:
|
199
|
|||
|
Waived Conditions Summary
|
||||
|
Review Scope
|
Category
|
Code
|
Description
|
Count
|
|
Credit
|
Terms/Guidelines
|
CRDTER3122
|
Loan documents do not meet guideline requirements
|
1
|
|
Credit
|
Terms/Guidelines
|
CRDTER4631
|
Loan parameters do not meet guidelines
|
1
|
|
Credit
|
Credit/Mtg History
|
CRDCRMH118
|
Mortgage/rental lates exceed guidelines
|
1
|
|
Credit
|
Credit/Mtg History
|
CRDCRMH193
|
Length of mortgage/rental history in file does not meet guideline requirement
|
3
|
|
Credit
|
DTI
|
CRDDTI2540
|
Missing verification of some or all components of non-subject PITI
|
1
|
|
Credit
|
LTV/CLTV
|
CRDLTV3026
|
LTV Exceeds Guideline Requirement by at least XXX%, but less than XXX%
|
1
|
|
Credit
|
Income/Employment
|
CRDINC150
|
Income docs do not meet guidelines
|
1
|
|
Credit
|
Income/Employment
|
CRDINC2340
|
Employment verification does not meet guidelines
|
1
|
|
Credit
|
Income/Employment
|
CRDINC2408
|
Income verification does not meet guidelines
|
1
|
|
Credit
|
Income/Employment
|
CRDINC2496
|
Verbal verification of employment completed outside the stated requirements and/or after closing/funding
|
1
|
|
Credit
|
Insurance
|
CRDINSR5351
|
Insurance Effective date is greater than the transaction date
|
1
|
|
Credit
|
Insurance
|
CRDINSR5352
|
Flood Effective date is greater than the transaction date
|
1
|
|
Property Valuations
|
Property
|
PRVAPROP177
|
Property Issues Indicated
|
1
|
|
Property Valuations
|
Property
|
PRVAPROP2556
|
Acreage exceeds property eligibility guidelines
|
1
|
|
Compliance
|
TILA/RESPA Integrated Disclosure
|
CMPTRID5806
|
TRID - At least 1 CD prior to the last CD at or prior to closing was not provided to all with rescission rights.
|
1
|
|
Compliance
|
Right of Rescission
|
CMPROR1909
|
Incorrect ROR Form Used - XXX Form Used in Refinance With Original Creditor
|
2
|
|
Compliance
|
Texas Home Equity
|
CMPTXHE308
|
Voluntary Same-Lender Debt disclosure not provided to borrower
|
1
|
|
Compliance
|
RESPA
|
CMPRESPA2700
|
RESPA - List of homeowners counseling organizations not provided w/in XXX days of application
|
2
|
|
Compliance
|
RESPA
|
CMPRESPA863
|
RESPA: Required Affiliate Business Disclosure missing
|
1
|
|
Total
|
23
|
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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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