Exhibit 99.01 - Schedule 2
| Exception Grades |
| Run Date - 9/2/2026 1:33:49 PM |
| 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 |
| XXX | 2131436 | XXX | 35851357 | 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 ___. | Client exception in file | Borrower has been employed in the same industry for more than [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted]. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-02-16): Client elects to waive with verified compensation factors |
02/16/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | XX | Primary | Purchase | B | B | B | B | A | A | A | A | Non QM | Non QM | No | ||||||||
| XXX | 2136904 | XXX | 36015523 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | HOI coverage is insufficient by $[redacted]. Provide the RCE. | Reviewer Comment (2026-01-05): RCE provided Buyer Comment (2025-12-31): RCE attached Reviewer Comment (2025-12-09): The updated coverage effective date is [redacted] per the policy is post close and not acceptable. Borrower did not have sufficient coverage at time of closing. Client can elect to waive with verified compensatoin factors. Buyer Comment (2025-12-09): Updated HOI |
01/05/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2162979 | XXX | 36481102 | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Not signed by title agent. | Reviewer Comment (2026-04-13): Received certified final closing statement. Exception cleared. Buyer Comment (2026-04-09): Final SS |
04/13/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | XX | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | N/A | No | ||||||||||||||
| XXX | 2162979 | XXX | 36481103 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | For the subject property, provide bank statements showing account ownership and timely payments debited by Mortgage Servicer; or canceled checks front and back as well as the most recent mortgage statement. | Borrower has owned the subject property for at least [redacted] years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. |
Borrower has owned/managed subject property for [redacted] years. Reserves: [redacted] Guideline Requirement: [redacted] |
Originator,SitusAMC Originator,SitusAMC |
Reviewer Comment (2026-05-08): Waived with compensating factors per lender approved exception received in trailing documents. Buyer Comment (2026-05-07): exception Reviewer Comment (2026-04-15): The provided document was already available at initial review. Subject property address cannot be verified on the pay history. Provide bank statements showing account ownership and timely payments debited by Mortgage Servicer, or canceled checks front and back as well as the most recent mortgage statement. Exception remains Buyer Comment (2026-04-13): VOM account number matches payoff account number #[redacted] Reviewer Comment (2026-04-13): Subject property address cannot be verified on the pay history. Provide bank statements showing account ownership and timely payments debited by Mortgage Servicer, or canceled checks front and back as well as the most recent mortgage statement. Exception remains Buyer Comment (2026-04-09): VOM |
05/08/2026 | No | 2 | C | B | C | B | C | B | C | B | D | B | XX | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | N/A | No | |||||||||||
| XXX | 2162979 | XXX | 36481104 | Credit | Guideline | Guideline Issue | Guideline | Verification of housing pay history is required. | Provide a [redacted] month pay history for the [redacted] residence. Account number on mortgage statement does not match any accounts on the credit report. | Borrower has owned the subject property for at least [redacted] years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. |
Borrower has owned/managed subject property for [redacted] years. Reserves: [redacted] Guideline Requirement: [redacted] |
Originator,SitusAMC Originator,SitusAMC |
Reviewer Comment (2026-05-08): Waived with compensating factors per lender approved exception received in trailing documents. File contains mortgage statement in non-borrowing spouse's name; however, LOE from non-borrowing spouse not provided. Buyer Comment (2026-05-07): see attached exception Reviewer Comment (2026-04-13): Received LOE stating mortgage is under spouse name. Provide a detailed letter of explanation from spouse confirming their relationship and that they are living rent free and the time frame. Exception remains Buyer Comment (2026-04-09): loe primary Buyer Comment (2026-04-09): mtg statement in spouse name only |
05/08/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | XX | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | N/A | No | |||||||||||
| XXX | 2167106 | XXX | 36662420 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | HOA Verification is missing for REO [redacted]. | Reviewer Comment (2026-04-09): Received Buyer Comment (2026-04-08): see HOA information |
04/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Primary | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXX | 2167106 | XXX | 36662421 | Credit | Property - Appraisal | General Appraisal Requirements | Property - Appraisal | Valuation Error: Subject photos are missing or not legible. | - | The [redacted] & [redacted] both has [redacted] pictures in the report this is not acceptable. Please provide copies of the original reports with colored pictures. | Reviewer Comment (2026-04-09): Recevied Buyer Comment (2026-04-08): Color copies of appraisal and [redacted] |
04/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Primary | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXX | 2167106 | XXX | 36662422 | 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 ___. | The borrower is short reserves, Per the guidelines [redacted] months reserves is required. Please provided additional assets to cover the reserves. ([redacted] months for loan amount, [redacted] for Additional Mortgage and [redacted] for DTI > [redacted]%) | Borrower has worked in the same position for more than [redacted] years. Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted]. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-04-17): Lender provided exception approval Buyer Comment (2026-04-17): See exception on reserves |
04/17/2026 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | XX | Primary | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | ||||||||
| XXX | 2167106 | XXX | 36662423 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank [redacted]): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | The loan is failing ATR due to the borrower is short reserves additional asset accounts is required. | Reviewer Comment (2026-04-17): Received Lender exception Buyer Comment (2026-04-17): See exception on reserves |
04/17/2026 | No | 1 | B | A | C | A | B | A | C | A | B | A | XX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation | C | B | C | B | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXX | 2167106 | XXX | 36662424 | 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 [redacted]): Based on the loan failing one or more guideline components, the loan is at ATR risk. | The loan is failing ATR due to the borrower is short reserves additional asset accounts is required. | Reviewer Comment (2026-04-17): Received Lender exception Buyer Comment (2026-04-17): See exception on reserves |
04/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Primary | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXX | 2167105 | XXX | 36662436 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank [redacted]): Creditor did not provide a copy of each valuation to applicant ([redacted]) business days prior to consummation. | Appraisal dated [redacted]/[redacted] - Note date [redacted]/[redacted] Less than [redacted] business days | Buyer Comment (2026-04-13): Please waive EV [redacted] |
04/13/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | XX | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXX | 2167105 | XXX | 36662437 | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML [redacted] Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is equal to or greater than the threshold of APOR [redacted]% + [redacted]%, or [redacted]%. Non-Compliant Higher Priced Mortgage Loan. | Reviewer Comment (2026-04-27): Received Appraisal notice Reviewer Comment (2026-04-20): this is High Priced not High Cost, Compliance report provided verifies High Priced Buyer Comment (2026-04-15): It shouldn't be a EV [redacted] if it's not a HPML loan. See the Compliance report uploaded previously. Reviewer Comment (2026-04-14): This is due to the additional Grade [redacted] exception for TILA HPML Appraisal Rule (Dodd-Frank [redacted]): Creditor did not provide a copy of each valuation to applicant ([redacted]) business days prior to consummation Buyer Comment (2026-04-13): The loan [redacted] ([redacted]%) does not exceed the ([redacted]) Federal High-Cost APR limit, which is ([redacted]%). See attached Compliance report - Loan is not HPML Buyer Comment (2026-04-13): Loan is not HPML please see attached Compliance report |
04/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXX | 2167105 | XXX | 36662438 | 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 [redacted]): Creditor did not provide a copy of each valuation to applicant ([redacted]) business days prior to consummation. | Reviewer Comment (2026-04-27): Received Appraisal notice Reviewer Comment (2026-04-20): Unable to waive to grade [redacted] as High Priced Buyer Comment (2026-04-15): It shouldn't be a EV [redacted] if it's not a HPML loan. See the Compliance report uploaded previously. |
04/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXX | 2167105 | XXX | 36662443 | 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 [redacted]): Creditor did not provide a copy of revised valuation to applicant ([redacted]) business days prior to consummation. | Buyer Comment (2026-04-28): Waive EV [redacted] |
04/28/2026 | No | 2 | B | B | B | B | B | XX | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Non QM | No | ||||||||||||||||
| XXX | 2155411 | XXX | 36677305 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Per the Operating Agreement for the subject property, the business entity is owned by [redacted]. Please provide an OFAC report for [redacted]. | Reviewer Comment (2026-04-01): Received OFAC for [redacted] in the file. Exception Cleared. Buyer Comment (2026-03-30): Please see attached clear OFAC. Thank you. |
04/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2187394 | XXX | 37110731 | Compliance | Compliance | Federal Compliance | ATR/QM | [redacted] 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 (2026-06-02): [redacted] lender testing ATR |
06/02/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | XX | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Exempt from ATR | No | |||||||||||
| XXX | 2187394 | XXX | 37110733 | Compliance | Compliance | State Compliance | Misc. State Level | [redacted] Tangible Net Benefit Disclosure | [redacted] Residential Mortgage Originator and Servicer Licensing Act: Tangible Net Benefit Disclosure not provided to the Borrower. | Reviewer Comment (2026-06-24): Waived at client request. Buyer Comment (2026-06-22): Please waive. Reviewer Comment (2026-06-14): Document received is dated [redacted]/[redacted] which is post-consummation date of [redacted]/[redacted]. If this document was not obtained pre-consummation, this is an EV2 that lender can elect to waive. Buyer Comment (2026-06-11): PFA |
06/24/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | XX | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Exempt from ATR | No | |||||||||||
| XXX | 2187390 | XXX | 37110734 | Compliance | Compliance | Federal Compliance | ATR/QM | [redacted] 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 (2026-06-03): [redacted] lender testing ATR |
06/03/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | XX | Primary | Refinance - Cash-out - Other | C | B | A | A | C | B | A | A | Non QM | Exempt from ATR | No | |||||||||||
| XXX | 2187390 | XXX | 37110736 | 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 [redacted]/[redacted] incorrectly disclosed whether the loan will have an escrow account. | Loan Disclosures: Final Closing Disclosure provided on [redacted]/[redacted] incorrectly disclosed whether the loan will have an escrow account. | Reviewer Comment (2026-06-08): [redacted] received Letter of Explanation & Corrected Closing Disclosure. Buyer Comment (2026-06-05): Please find attached the PCCD and LOE. Buyer Comment (2026-06-05): Please find attached the PCCD & LOE. |
06/08/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | XX | Primary | Refinance - Cash-out - Other | Letter of Explanation & Corrected Closing Disclosure | C | B | A | A | C | B | A | A | Non QM | Exempt from ATR | No | |||||||||
| XXX | 2187390 | XXX | 37110737 | 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 $[redacted] exceeds tolerance of $[redacted] plus [redacted]% or $[redacted]. Sufficient or excess cure was provided to the borrower at Closing. | Ten Percent Fee Tolerance exceeded. Total amount of $[redacted] exceeds tolerance of $[redacted] plus [redacted]% or $[redacted]. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-06-02): Sufficient Cure Provided At Closing |
06/02/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | XX | Primary | Refinance - Cash-out - Other | Final CD evidences Cure | C | B | A | A | C | B | A | A | Non QM | Exempt from ATR | No | |||||||||
| XXX | 2187390 | XXX | 37110738 | 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 $[redacted] exceeds tolerance of $[redacted]. Sufficient or excess cure was provided to the borrower at Closing. | Transfer Tax increased to $[redacted] to $[redacted] without a valid change of circumstance. Insufficient or no cure was provided to the borrower. | Reviewer Comment (2026-06-02): Sufficient Cure Provided At Closing |
06/02/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | XX | Primary | Refinance - Cash-out - Other | Final CD evidences Cure | C | B | A | A | C | B | A | A | Non QM | Exempt from ATR | No | |||||||||
| XXX | 2187401 | XXX | 37110741 | Compliance | Compliance | Federal Compliance | ATR/QM | [redacted] 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. | Federal HPML Appraisal requirements due to loan failing one QM Points and Fees. | Reviewer Comment (2026-06-12): [redacted] lender testing ATR |
06/12/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | XX | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Exempt from ATR | No | ||||||||||
| XXX | 2187387 | XXX | 37110746 | Compliance | Compliance | Federal Compliance | ATR/QM | [redacted] 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 (2026-06-12): [redacted] lender testing ATR |
06/12/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | XX | Primary | Purchase | A | A | A | A | A | A | A | A | Non QM | Exempt from ATR | No | |||||||||||
| XXX | 2187452 | XXX | 37110874 | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | Provide the final closing statement fully executed by the all parties or stamped true and certified. Copy provided is not signed by all parties. | Reviewer Comment (2026-05-06): Received Final Closing statement. Exception Cleared. Buyer Comment (2026-05-04): Final SS |
05/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXX | 2187452 | XXX | 37110876 | Credit | Loan Eligibility | Guideline Issue | Loan Eligibility | Credit history reflects lates that do not meet guidelines. | - Credit history reflects a total of ___ reported late payments. | Lender approved exception at origination to allow a first time investor with a [redacted]x[redacted]x[redacted] housing history when guidelines require [redacted]x[redacted]x[redacted]; however, the comp factors provided are not valid. The comp factor listed is a DSCR of [redacted] and subject loan DSCR is less than [redacted]. Please provide updated approved exception with valid compensating factors. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least [redacted]%. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Loan to Value: [redacted]% Guideline Maximum Loan to Value: [redacted]% Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
SitusAMC SitusAMC |
Reviewer Comment (2026-05-15): Waived with compensating factors per lender exception approval at origination. Buyer Comment (2026-05-13): revised appraisal Reviewer Comment (2026-05-12): Appraiser will need to update appraisal to reflect annually. Once that is completed, condition can be re-reviewed. Buyer Comment (2026-05-08): HOA Fee is annual $[redacted]=$[redacted] per purchase contract [redacted] and Final SS [redacted]; PITIA is $[redacted]. |
05/15/2026 | No | 2 | B | B | B | B | B | XX | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXX | 2187383 | XXX | 37110878 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Unable to verify [redacted] months' rental history for the [redacted] residence. Please provide a Verification of Rent or payment history for the [redacted] residence. Underwriter discretion may apply. | Reviewer Comment (2026-05-08): VOR and printout from management company received in trailing docs. Reviewer Comment (2026-05-08): Received payment history ledger from management company. Provide recent lease agreement, canceled checks front and back or bank statements showing account ownership and payments debited by management company. Exception remains. Buyer Comment (2026-05-06): rent payments Buyer Comment (2026-05-06): VOR |
05/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2187383 | XXX | 37110879 | 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 (2026-05-08): Received Final closing statement signed by all the parties. Exception Cleared. Buyer Comment (2026-05-06): Final SS |
05/08/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | XX | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2187443 | XXX | 37110950 | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Per closing statement provided, escrow for flood insurance was collected; however, the policy provided is a [redacted] project policy and premium is not responsibility of individual borrower. Please provide corrected final closing statement, removing flood insurance payment and escrow, along with proof of delivery to the borrower. | Reviewer Comment (2026-05-29): Updated [redacted] [redacted] and CD. Reviewer Comment (2026-05-28): Checks and LOX & first payment letter provided. Need signed CD. Reviewer Comment (2026-05-28): The most recent CD is not signed by the borrower. The letter sent states that a refund is being issued for $[redacted] and the amount sent to the borrower was $[redacted]. Provide a signed CD and updated LOX or updated check in the amount of $[redacted] along with proof all docs were sent to borrower to be signed. Buyer Comment (2026-05-27): Attached you will find an LOE, refund check, and shipping label. Reviewer Comment (2026-05-20): CD provided is unsigned and evidence it was sent to the borrower is not provided. Reviewer Comment (2026-05-20): Cleared in error. Reviewer Comment (2026-05-20): Updated final CD verifying no excrows. Buyer Comment (2026-05-18): CD attached. |
05/29/2026 | No | 1 | A | A | A | A | A | XX | Investment | Refinance - Cash-out - Other | A | A | A | A | A | A | N/A | No | |||||||||||||||||||
| XXX | 2187443 | XXX | 37110951 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Per first payment letter provided, escrow for flood insurance was collected; however, the policy provided is a [redacted] project policy and premium is not responsibility of individual borrower. Please provide corrected first payment letter, removing flood insurance payment, along with proof of delivery to the borrower. | Reviewer Comment (2026-05-28): [redacted] letter and mailing label. Buyer Comment (2026-05-27): Updated Payment letter attached. Shipping label provided with LOE and refund checks. |
05/28/2026 | No | 1 | A | A | A | A | A | XX | Investment | Refinance - Cash-out - Other | A | A | A | A | A | A | N/A | No | |||||||||||||||||||
| XXX | 2187454 | XXX | 37111034 | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | Final signed and dated HUD-1/Settlement Statement signed by all parties was not found in file. | Reviewer Comment (2026-06-04): Final SS. Buyer Comment (2026-06-02): PFA as requested Reviewer Comment (2026-06-01): There are [redacted] different Closing statements. [redacted] is signed by the borrower and [redacted] is signed by title agent. Cash to borrower differs between the [redacted]. Provide a final Closing Statement signed by all parties or stamped true and certified by title agent Buyer Comment (2026-05-29): In Final Settlement Statement borrower signature is not necessary, Escrow signature is sufficient, borrower is already received Settlement Statement you can verify from D [redacted] Reviewer Comment (2026-05-29): Provided final closing statement not signed by borrower. Exception Remains. Buyer Comment (2026-05-27): PFA as requested |
06/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2187440 | XXX | 37111143 | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | Provide evidence of the [redacted] payment for the [redacted] residence. Credit supplement reflects that the next payment due is [redacted]/[redacted]. | Reviewer Comment (2026-06-10): Credit supplement. Buyer Comment (2026-06-08): Credit Supplement showing [redacted] payment made. |
06/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2187409 | XXX | 37111148 | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | Final HUD/Closing Disclosure was not provided in loan file. | Reviewer Comment (2026-06-15): Final SS. Buyer Comment (2026-06-11): Final SS |
06/15/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2187400 | XXX | 37111150 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Approved Lender Exception - Mortgage may not be responsible for delinquent HOA dues that exceed [redacted] requirements. In the event a unit is acquired through foreclosure or deed, the mortgagee is responsible for payment of HOA expense assessments for [redacted]+ months. However, [redacted] Civil Code limits post-foreclosure liability to exactly [redacted] months of assessments. While the questionnaire and email from the HOA conflicts with the required cap, exposure is considered limited by state law. Comp factor - [redacted] points over the minimum score in the tier, Budgeted reserves = [redacted]% (required [redacted]%), No credit late in >= [redacted] months, > [redacted] tradelines rated for > [redacted] years. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Reserves: [redacted] Guideline Requirement: [redacted] Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
SitusAMC SitusAMC |
Reviewer Comment (2026-06-04): Waived with compensating factors per lender exception approval at origination. |
06/04/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | XX | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | N/A | No | |||||||||||
| XXX | 2187400 | XXX | 37111151 | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement - Real Estate Owned (REO) not provided | Provide the lease for the [redacted] residence. | Reviewer Comment (2026-07-07): Received lease agreement for the [redacted] residence. Exception cleared. Buyer Comment (2026-07-02): Please see attached. My apologies. Thank you. Reviewer Comment (2026-06-30): No attachment found in trailing documents. Exception remains. Buyer Comment (2026-06-26): Please see attached. Thank you. |
07/07/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | N/A | No | ||||||||||||||
| XXX | 2187400 | XXX | 37111152 | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Provide final Closing Statement. Copy provided is an estimate. | Reviewer Comment (2026-06-24): Received final closing statement. Exception cleared. Buyer Comment (2026-06-22): PFA. |
06/24/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | XX | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | N/A | No | ||||||||||||||
| XXX | 2187392 | XXX | 37111153 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Bank statement missing in loan file. | Reviewer Comment (2026-06-15): Additional assets. Buyer Comment (2026-06-11): Bank Tennessee |
06/15/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Rate/Term | D | A | C | A | D | A | N/A | No | ||||||||||||||
| XXX | 2187392 | XXX | 37111155 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: [redacted] | Secondary valuation document missing in loan file. | Reviewer Comment (2026-06-15): CDA Buyer Comment (2026-06-11): CDA |
06/15/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | XX | Investment | Refinance - Rate/Term | D | A | C | A | D | A | N/A | No | ||||||||||||||
| XXX | 2187405 | XXX | 37111160 | Credit | Insurance | Insurance Analysis | Insurance | Hazard Insurance Policy expires within [redacted] days of the Note Date. | Hazard Insurance Policy Expiration Date ___, Note Date ___ | The Hazard Insurance Policy effective date is after the closing date. | Reviewer Comment (2026-06-15): Renewal provided. Buyer Comment (2026-06-11): HOI |
06/15/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | XX | Investment | Refinance - Cash-out - Other | B | A | B | A | A | A | N/A | No | |||||||||||||
| XXX | 2187422 | XXX | 37111168 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Articles of Organization/Formation not provided | Loan closed in the LLC name, as a series. Per [redacted] requirements, the initial articles of organization must be filed indicating that series LLCs will be created, which was not provided in the loan file. Further, the Certificate of Designation (Form LLC-[redacted]) required by the state for series LLCs was not provided in the loan file. | Reviewer Comment (2026-07-07): Received Articles of Organization/Formation with form LLC-[redacted]. Exception Cleared. Buyer Comment (2026-07-02): LLC [redacted] Reviewer Comment (2026-06-18): Received initial articles of organization indicating that series LLCs will be created. Certificate of Designation (Form LLC-[redacted]) required by the state for series LLCs. Exception remains Buyer Comment (2026-06-16): article of amendment name change Buyer Comment (2026-06-16): Article of amendment series Buyer Comment (2026-06-16): AOO Buyer Comment (2026-06-16): file history Buyer Comment (2026-06-16): file history- They do not have Form LLC [redacted] |
07/07/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2187422 | XXX | 37111169 | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. | HOI policy in file indicates the covered premises address is a PO Box. Please provide updated HOI reflecting covered premises as our subject property address. | Reviewer Comment (2026-06-18): Received hazard insurance policy with updated subject property address. Exception cleared. Buyer Comment (2026-06-16): HOI |
06/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2187419 | XXX | 37111171 | Credit | Guideline | Guideline Issue | Guideline | Verification of housing pay history is required. | File is missing current full [redacted] month pay history. | Reviewer Comment (2026-07-06): Property report verifying the subject was owned free and clear. Reviewer Comment (2026-07-06): Received maintenance statement. Provide verification that there is no mortgage securing the property. Exception Remains. Buyer Comment (2026-07-01): [redacted] Buyer Comment (2026-07-01): co-op Maintenance payments [redacted] Reviewer Comment (2026-06-17): Provide verification that there is no mortgage securing the property/Stock in the property. Buyer Comment (2026-06-15): email from loan officer; property is a co-op |
07/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2187419 | XXX | 37111172 | Credit | Credit | Credit Documentation | Credit | OFAC was not provided and is required. | Missing for the business entity. | Reviewer Comment (2026-06-12): OFAC Buyer Comment (2026-06-10): Please find attached |
06/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2187428 | XXX | 37111179 | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | Provide evidence of the [redacted] and [redacted] payment for the [redacted] residence. | Reviewer Comment (2026-06-24): Received pay history for [redacted] and [redacted]. Exception cleared. Buyer Comment (2026-06-22): [redacted] at the top reports the [redacted] Reviewer Comment (2026-06-17): Provided history does not verify the creditor or servicers name. Exception Remains. Buyer Comment (2026-06-15): [redacted] & [redacted] payment reported |
06/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2187384 | XXX | 37111181 | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | HUD/Closing Disclosure is missing. | Reviewer Comment (2026-06-25): Received Final Closing statement. Exception Cleared. Buyer Comment (2026-06-23): Final SS Reviewer Comment (2026-06-17): Received final closing statement reflects disbursement date [redacted]/[redacted] prior to the Note date [redacted]/[redacted]. Exception Remains. Buyer Comment (2026-06-15): Final SS |
06/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2187439 | XXX | 37111187 | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy Effective Date is after closing. | Reviewer Comment (2026-06-16): Updated HOI reflecting [redacted]/[redacted] effective date received. Reviewer Comment (2026-06-15): Guidelines require the effective date to be same or prior to the closing date. Reviewer Comment (2026-06-15): EXCEPTION HISTORY - Exception Explanation was updated on [redacted]/[redacted] PRIOR Exception Explanation: Hazard Insurance Policy Effective Date [redacted]/[redacted] Disbursement Date: [redacted]/[redacted] Buyer Comment (2026-06-11): HOI |
06/16/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXX | 2187412 | XXX | 37111188 | Credit | Loan Package Documentation | Closing / Title | Title | Title: Evidence of title is missing | Title preliminary is missing in file. | Reviewer Comment (2026-06-18): Received Title Commitment. Exception cleared. Buyer Comment (2026-06-16): title |
06/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2187412 | XXX | 37111189 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Legal / Regulatory / Compliance | Final Title Policy is missing. No evidence of title in file. | Reviewer Comment (2026-06-18): Received Title Commitment. Exception cleared. |
06/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXX | 2187412 | XXX | 37111190 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Closing Protection Letter not provided | Closing Protection Letter is missing in file. | Reviewer Comment (2026-06-18): Received Closing Protection Letter. Exception cleared. Buyer Comment (2026-06-16): CPL |
06/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2187412 | XXX | 37111191 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided | Tax Certificate is missing in file. | Reviewer Comment (2026-06-18): Received Tax certificate. Exception cleared. Buyer Comment (2026-06-16): tax cert |
06/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2187412 | XXX | 37111192 | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | Provide a [redacted]-month pay history for the subject property. | Reviewer Comment (2026-06-18): Received VOM for pay history. Exception cleared. Buyer Comment (2026-06-16): VOM |
06/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2187415 | XXX | 37111197 | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | Missing signed final closing statement. | Reviewer Comment (2026-06-18): Final SS. Buyer Comment (2026-06-16): final SS |
06/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2187434 | XXX | 37111201 | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | File is missing final signed and dated HUD-1/Settlement Statement. File is missing closing agent signature. | Reviewer Comment (2026-06-18): Received closing statement signed/dated by all parties. Exception cleared. Buyer Comment (2026-06-16): Uploaded |
06/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXX | 2187434 | XXX | 37111202 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Signed lender exception for borrower exposure exceeding [redacted] loans. Compensating factors: FICO and reserves. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Reserves: [redacted] Guideline Requirement: [redacted] Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
Originator Pre-Close,SitusAMC Originator Pre-Close,SitusAMC |
Reviewer Comment (2026-06-09): Waived with compensating factors per lender exception approval at origination. |
06/09/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | XX | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||
| XXX | 2187433 | XXX | 37111204 | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | File is missing final signed and dated HUD-1/Settlement Statement. Closing agent signature missing. | Reviewer Comment (2026-06-23): Final SS provided stamped true and certified. Reviewer Comment (2026-06-18): Title company signature is required. Exception remains. Buyer Comment (2026-06-16): Please re-review D [redacted] , Instead of Signature, title company provide Name "[redacted]" Reviewer Comment (2026-06-16): Copy provided is not signed by title co. Buyer Comment (2026-06-12): SS uploaded |
06/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXX | 2187433 | XXX | 37111205 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender signed exception in file for borrower exposure exceeding [redacted] loans. Compensating factors: FICO and reserves. | The representative FICO score exceeds the guideline minimum by at least [redacted] points. | Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
SitusAMC | Reviewer Comment (2026-06-18): Waived with compensating factors per lender exception approval at origination. Buyer Comment (2026-06-16): exception |
06/18/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | XX | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||
| XXX | 2187418 | XXX | 37111209 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Unable to verify [redacted] months' housing history for the [redacted] residence. | Reviewer Comment (2026-06-25): Received [redacted] payment receipt. Exception cleared. Buyer Comment (2026-06-23): [redacted] payment Reviewer Comment (2026-06-22): Missing pay history for the month of [redacted] for [redacted]. Exception remains. Buyer Comment (2026-06-18): housing history |
06/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2187423 | XXX | 37111212 | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | File is missing complete [redacted] month housing history for guarantor, [redacted]. File contains lease with private individual; however, [redacted] months cancelled checks or bank statements are also required per guidelines. | Reviewer Comment (2026-06-29): Received [redacted] months bank statements from [redacted] to [redacted]. Per lease agreement, borrower has to pay rent before [redacted] of every month and file closing date is [redacted]/[redacted]. Per Note date, borrower was current on rent. Exception cleared. Buyer Comment (2026-06-25): Program permits [redacted] with no reduction. We don't have evidence of [redacted] rent payment Buyer Comment (2026-06-25): [redacted] Reviewer Comment (2026-06-25): Received rent receipt for [redacted] and from [redacted] to [redacted]. Require [redacted] & [redacted] rent receipts. Exception remains. Buyer Comment (2026-06-23): [redacted] is the property manager; See pg [redacted] Reviewer Comment (2026-06-22): [redacted] payment made on bank statement does not match the landlord name on lease agreement. Exception Remains. Buyer Comment (2026-06-18): see attached rent payments Buyer Comment (2026-06-18): rent payments |
06/29/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2187423 | XXX | 37111213 | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | Missing pay history for subject property. Mortgage was obtained [redacted] and the [redacted] and [redacted] payments would have been due prior to consummation. | Reviewer Comment (2026-06-22): Received mortgage pay history for [redacted] and [redacted]. Exception Cleared. Buyer Comment (2026-06-18): mtg statements Buyer Comment (2026-06-18): [redacted] |
06/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2187432 | XXX | 37111217 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender approved exception for Exceeding [redacted] loans maximum exposure for one borrower. Compensating Factors: FICO [redacted] points over minimum More than [redacted] months Reserves |
Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Reserves: [redacted] Guideline Requirement: [redacted] Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
Originator Pre-Close,SitusAMC Originator Pre-Close,SitusAMC |
Reviewer Comment (2026-06-09): Waived with compensating factors per lender exception approval at origination. |
06/09/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | XX | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||
| XXX | 2187432 | XXX | 37111218 | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | File is missing complete [redacted] month housing history for guarantor's [redacted] residence. Loan application reflects renting; however, no VOR/lease/cancelled checks in file. | Reviewer Comment (2026-06-24): Received rent free letter along with property profile report and mortgage statement in the name of spouse. Exception cleared. Buyer Comment (2026-06-22): Borrower living rent free with spouse and we don't require UW discretion or LLPA document for borrower living rent free with spouse. kindly clear the condition. Reviewer Comment (2026-06-18): Required UW discretion or LLPA document missing in loan file. Exception remains, Buyer Comment (2026-06-16): please see attached documentation includes rent free letter, property profile and mortgage statement in the name of spouse. |
06/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXX | 2187393 | XXX | 37111221 | 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 (2026-06-18): Final HUD-1 document received with signature and verified. Exception cleared Buyer Comment (2026-06-16): final SS |
06/18/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | XX | Investment | Refinance - Rate/Term | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2187430 | XXX | 37111225 | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within [redacted] or [redacted] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Preliminary Title does not shows policy coverage amount. | Reviewer Comment (2026-06-19): Supplemental title Report received and verified. Exception cleared. Buyer Comment (2026-06-17): PFA as requested |
06/19/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | XX | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2187430 | XXX | 37111226 | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Provide a final HUD/Closing Statement that is signed by the borrower or stamped true and certified. Copy provided in file is an estimate. | Reviewer Comment (2026-06-17): Received Final closing statement. Exception cleared. Buyer Comment (2026-06-15): PFA as requested |
06/17/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | XX | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2187413 | XXX | 37111227 | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. | Zip code reflecting on flood certificate is mismatched with Note. | Reviewer Comment (2026-06-17): Received Flood certificate with updated address. Exception cleared. Buyer Comment (2026-06-15): please see attached flood certificate. |
06/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2187413 | XXX | 37111231 | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | Unable to verify [redacted] months' housing history for the [redacted] residence. Please provide either a [redacted]-month pay history or a property report verifying if it is owned free and clear with current taxes paid. | Reviewer Comment (2026-06-17): Received property history report. Exception cleared. Buyer Comment (2026-06-15): Please see attached property profile showing subject is owned free and clear with current tax paid. |
06/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2187413 | XXX | 37111232 | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | - | Zip code on appraisal does not match the Note or zip code lookup. | Reviewer Comment (2026-06-30): Received [redacted] appraisal report with correct subject property address. Exception cleared. Buyer Comment (2026-06-26): Please find attached |
06/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||
| XXX | 2187424 | XXX | 37111235 | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. | The Note document address is not matching with the Hazard Insurance document. The Note document shows "[redacted]", and the Hazard Insurance reflects "[redacted]". | Reviewer Comment (2026-06-24): Received insurance policy with updated zip code. Exception cleared. Buyer Comment (2026-06-22): HOI |
06/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2187431 | XXX | 37111238 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Issue: Ineligible borrower | Per the matrix for the DSCR program, borrowers are not allowed to live rent-free with anyone other than a spouse, if a documented [redacted] month pay history of other REO is not provided. Per LOE in file, borrower lives rent free with parents and there is no evidence of a [redacted] month pay history on other REOs provided. | The representative FICO score exceeds the guideline minimum by at least [redacted] points. | Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
SitusAMC | Reviewer Comment (2026-06-22): Waived with compensating factors per lender exception approval. Buyer Comment (2026-06-18): exception |
06/22/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | XX | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | N/A | No | |||||||||||
| XXX | 2187431 | XXX | 37111239 | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | File is missing fully executed/stamped certified HUD. | Reviewer Comment (2026-06-22): Final Closing Statement received with signature and verified. Exception cleared. Buyer Comment (2026-06-18): Final SS |
06/22/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | XX | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | N/A | No | ||||||||||||||
| XXX | 2187462 | XXX | 37111244 | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | File is missing final signed and dated HUD-1/Settlement Statement. Closing agent signature missing. | Reviewer Comment (2026-07-09): Received Closing Statement with signed. Exception Cleared. Buyer Comment (2026-07-07): Please see attached Final SS. The SA signed on the bottom of the page. Reviewer Comment (2026-07-06): The closing agent's signature is missing above the Certified and True Copy stamp. Exception Remains. Buyer Comment (2026-07-01): Please see attached Final SS |
07/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2187450 | XXX | 37111247 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender approved exception to allow Unit [redacted] GLA under [redacted] square feet. | The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .[redacted]. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least [redacted]%. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Debt Service Coverage Ratio: [redacted] Guideline Requirement: [redacted] Loan to Value: [redacted]% Guideline Maximum Loan to Value: [redacted]% Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
Originator Pre-Close,SitusAMC Originator Pre-Close,SitusAMC Originator Pre-Close,SitusAMC |
Reviewer Comment (2026-06-17): Waived with compensating factors per lender exception approval at origination. |
06/17/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | XX | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | N/A | No | |||||||||||
| XXX | 2187457 | XXX | 37111249 | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | Unable to verify [redacted] months' housing history for the [redacted] residence. Please provide either a [redacted]-month pay history or a property report verifying if it is owned free & clear with current taxes paid. | Reviewer Comment (2026-07-09): Received Property history report reflects free & clear with current taxes paid. Exception Cleared. Buyer Comment (2026-07-07): Please see attached property profile. Thank you. |
07/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2187459 | XXX | 37111254 | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided | Provide OFAC for the borrowing Trust. | Reviewer Comment (2026-07-10): Received OFAC for the borrowing Trust. Exception Cleared Buyer Comment (2026-07-08): See clear ofac attached. Thank you. Buyer Comment (2026-07-08): Please find attached as requested Reviewer Comment (2026-07-07): OFAC search provided does not have the Trust name. Exception remains Buyer Comment (2026-07-02): PFA as requested Reviewer Comment (2026-07-02): No new document received. Per Note, trust name is "[redacted]" and per OFAC search, trust name is "[redacted]". Initial A between [redacted] is missing. Exception remains. Buyer Comment (2026-06-30): Please re-review [redacted] the trust name is staring with [redacted] not with [redacted] Reviewer Comment (2026-06-30): OFAC search is missing initial A of the trust name. Exception remains Buyer Comment (2026-06-26): The entire name will not reflecting in OFAC search Reviewer Comment (2026-06-26): Search on OFAC does not match trust name on legal documents. Please provide updated OFAC search for our borrowing trust. Buyer Comment (2026-06-24): PFA as requested |
07/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2187482 | XXX | 37111257 | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | Missing final closing statement signed by all parties, closing statement provided is not signed by settlement agent. | Reviewer Comment (2026-06-30): Received Final Closing statement. Exception Cleared. Buyer Comment (2026-06-26): Please see attached. |
06/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2187482 | XXX | 37111258 | 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. | Signed copy of the Certificate of Non-Owner Occupied disclosure does not show the borrower's principal address. | Reviewer Comment (2026-06-30): Received Occupancy Certificate. Exception Cleared. Buyer Comment (2026-06-26): Please see attached Certificate of Non-Owner |
06/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2187472 | XXX | 37111265 | Credit | Credit | Credit Eligibility | Guideline | Public Record Issue: | - | Reviewer Comment (2026-07-10): Per guidelines, medical collection can remain open. Exception cleared. Buyer Comment (2026-07-08): See guideline attached. Buyer Comment (2026-07-08): Please see page #[redacted] of guidelines Thank you. Buyer Comment (2026-07-08): Please clear as [redacted] does not consider medical debt. Thank you. |
07/10/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | XX | Investment | Refinance - Cash-out - Other | B | A | B | A | A | A | N/A | No | ||||||||||||||
| XXX | 2187466 | XXX | 37111267 | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | Missing final HUD signed by all parties. Provided HUD was not signed by settlement agent | Reviewer Comment (2026-07-07): Received final HUD-1 signed by settlement agent. Exception cleared. Buyer Comment (2026-07-02): Final SS |
07/07/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2187470 | XXX | 37111270 | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | The most recent [redacted]-month housing history for the subject property was not provided. Current mortgage payment history with [redacted] was not provided. | The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .[redacted]. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Debt Service Coverage Ratio: [redacted] Guideline Requirement: [redacted] Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
Originator,SitusAMC Originator,SitusAMC |
Reviewer Comment (2026-07-15): Waived with compensating factors per lender exception approval. Buyer Comment (2026-07-13): Please find attached. |
07/15/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | XX | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||
| XXX | 2187475 | XXX | 37111272 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of $[redacted] is less than Cash From Borrower $[redacted]. | Reviewer Comment (2026-07-10): Corrected closing statement received reflecting appraisal paid by lender, not borrower. Reviewer Comment (2026-07-08): Provide source document of POCB $[redacted] deduction. Exception remains. Buyer Comment (2026-07-06): appraisal invoice Buyer Comment (2026-07-06): revised final SS with appraisal POC paid by others. Appraisal was paid by lender per appraisal invoice |
07/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2187476 | XXX | 37111278 | Credit | Loan Package Documentation | Loan File | Missing Document | Missing Document: Hazard Insurance Policy not provided | The file is missing a copy of Hazard Insurance Policy. | Reviewer Comment (2026-07-09): Received Hazard Insurance Policy. Exception cleared. Buyer Comment (2026-07-08): Please see attached HOI Policy Buyer Comment (2026-07-07): Please see attached RCE Buyer Comment (2026-07-07): Please see attached HOI invoice |
07/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2187476 | XXX | 37111279 | Credit | Credit | Credit Documentation | Credit | OFAC was not provided and is required. | Provide OFAC for the borrowing entity. | Reviewer Comment (2026-07-01): OFAC received for the entity as required. Exception cleared. Buyer Comment (2026-06-29): Please see attached clear ofac. Thank you. |
07/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2187484 | XXX | 37111281 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Borrower lives rent-free with a non-spouse. A [redacted]-month housing history cannot be verified. Rent-free with a non-spouse is not permitted per guidelines. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted]. |
Reserves: [redacted] Guideline Requirement: [redacted] |
Originator,SitusAMC SitusAMC |
Reviewer Comment (2026-07-20): Waived with compensating factors per lender approved exception received in trailing documents. Buyer Comment (2026-07-16): Please see exception attached. Thank you. Reviewer Comment (2026-07-16): Provide lender exception for rent free LOE. Exception Remains. Buyer Comment (2026-07-14): Please see [redacted] with underwriter rent free comments. Also please waive the [redacted] payment as program permits a [redacted]. Lastly, please waive to an EV[redacted] the rent free loe. Thank you. Reviewer Comment (2026-07-10): Received property history report verifying borrower purchased [redacted] residence in [redacted]. Provide evidence of payment for [redacted] along with rent free letter from the person the borrower was living rent free and UW discretion for borrower living rent free at her previous address. Exception remains Buyer Comment (2026-07-08): Property profile for Borrowers primary home purchased in [redacted]. Thank you. Buyer Comment (2026-07-08): Please see attached rent free guidelines. [redacted] does accept rent free Borrowers. Borrowers previous was rent free & purchased her primary [redacted]mths ago. Thank you. |
07/20/2026 | No | 2 | C | B | C | B | C | B | C | B | D | B | XX | Investment | Purchase | D | B | D | B | A | A | N/A | No | |||||||||||
| XXX | 2187483 | XXX | 37111283 | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | For the [redacted] residence, provide either a [redacted]-month rental history or rent-free letter from homeowner. Additional conditions may apply. | Reviewer Comment (2026-07-14): Received bank statement showing [redacted]-month rental history. Exception Cleared. Buyer Comment (2026-07-10): [redacted] reports the [redacted] payment. Borrower paid [redacted]/[redacted] which was for [redacted]. Reviewer Comment (2026-07-07): Received lease agreement along with bank statement showing [redacted] months history. Provide the most recent rent receipt for [redacted]. Exception remains Buyer Comment (2026-07-02): Lease & rent payments |
07/14/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2187474 | XXX | 37111285 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Please provide a credit reference letter for Borrower [redacted] meeting guidelines. | Reviewer Comment (2026-07-01): Received credit reference letter document. Verified and updated details. Exception Cleared. Buyer Comment (2026-06-29): see attached docs |
07/01/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | XX | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2187474 | XXX | 37111286 | Credit | Credit | Credit Calculation / Analysis | Credit | Missing Document: Alternative Credit Documentation not provided | The credit letter for [redacted] has not been translated into [redacted]. | Reviewer Comment (2026-07-01): Received credit letter translated into [redacted]. Exception cleared. Buyer Comment (2026-06-29): foreign tradelines |
07/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2187473 | XXX | 37111289 | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | For the [redacted] residence, provide either a [redacted]-month pay history or a property report verifying it is owned free and clear with taxes paid current. | Reviewer Comment (2026-07-14): Received Tax certificate and property history Report. Exception Cleared. Buyer Comment (2026-07-10): see highlighted release for mortgage originated [redacted]/[redacted] was reported on the property profile Buyer Comment (2026-07-10): satisfaction for $[redacted] [redacted]/[redacted] Reviewer Comment (2026-07-07): Received tax certificate and Property History Report. Based on the transaction history, unable to determine whether the mortgages originated on [redacted]/[redacted] and [redacted]/[redacted] have been paid off and released. Exception Remains. Buyer Comment (2026-07-02): taxes paid Buyer Comment (2026-07-02): Property profile owned free and clear |
07/14/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Rate/Term | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2187473 | XXX | 37111290 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Provide either a pay history for the subject property or verification that no payments were required. | Reviewer Comment (2026-07-07): Received pay history. Exception cleared. Buyer Comment (2026-07-02): Pay history |
07/07/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | XX | Investment | Refinance - Rate/Term | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2187456 | XXX | 37111295 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender approved exception to allow cash, [redacted], and checks for mortgage payment. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Reserves: [redacted] Guideline Requirement: [redacted] Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
Originator,SitusAMC Originator,SitusAMC |
Reviewer Comment (2026-06-24): Lender exception in file |
06/24/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | XX | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||
| XXX | 2187456 | XXX | 37111296 | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | Unable to verify [redacted] months' housing history for the [redacted] residence. Please provide either a [redacted]-month pay history or a property report verifying if it is owned free and clear with current taxes paid. | Reviewer Comment (2026-07-10): Received property profile for [redacted] residence and tax certificate was available at initial review with pending taxes as $[redacted]. Exception cleared. Buyer Comment (2026-07-08): See property profile attached. |
07/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXX | 2187468 | XXX | 37111298 | Credit | Insurance | Insurance Documentation | Insurance | Insurance Policy Expiration Date is less than [redacted] days of the Note Date and does not have automatic renewal. | Insurance Policy Expiration Date [redacted]/[redacted] is less than [redacted] days of the note date and does not have automatic renewal. | Reviewer Comment (2026-07-15): Received HOI renewal. Exception cleared. Buyer Comment (2026-07-13): HOI Reviewer Comment (2026-07-08): Provided hazard insurance policy is for a different property. Exception remains Buyer Comment (2026-07-06): HOI |
07/15/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2187468 | XXX | 37111299 | Credit | Hazard Insurance | Document Error | Hazard Insurance | Hazard Insurance policy does not list Lender or Servicer and its successors and assigns, per guideline requirements. | Reviewer Comment (2026-07-15): Received HOI listing Lender or Servicer and its successors and assign. Exception cleared. Buyer Comment (2026-07-13): see attached HOI Reviewer Comment (2026-07-08): Provided hazard insurance policy is for a different property. Exception remains Buyer Comment (2026-07-06): see attached HOI |
07/15/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXX | 2187479 | XXX | 37111304 | Credit | Hazard Insurance | Document Error | Hazard Insurance | Hazard Insurance policy does not list Lender or Servicer and its successors and assigns, per guideline requirements. | Reviewer Comment (2026-07-07): Received Hazard Insurance which reflects Lender or Servicer and its successors and assigns and information updated accordingly. Exception cleared. Buyer Comment (2026-07-02): dec page |
07/07/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXX | 2187478 | XXX | 37111307 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Subject loan closed as a refinance transaction; however, title commitment reflects property is vested in another entity. Please provide evidence our guarantor has ownership interest in entity listed on title commitment and had authority to deed property to our borrowing entity to determine continuity of title/ownership. | Reviewer Comment (2026-07-14): Received Deed and Operating agreement. Exception Cleared. Buyer Comment (2026-07-10): [redacted] Reviewer Comment (2026-07-09): Received operating agreement for [redacted] with guarantor as [redacted]% owner. Require deed transfer of ownership of the subject property from [redacted] to borrowing business entity. Exception remains. Buyer Comment (2026-07-07): [redacted] Operating agreement |
07/14/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2187478 | XXX | 37111308 | Credit | Loan Package Documentation | Loan File | Missing Document | Missing Document: Hazard Insurance Policy not provided | The HOI policy provided in the file reflects the insured as the previous business entity. Please provide updated HOI policy reflecting the insured is our borrowing entity. | Reviewer Comment (2026-07-09): Received hazard insurance policy with borrowing business name under insured. Exception cleared. Buyer Comment (2026-07-07): HOI |
07/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2187478 | XXX | 37111309 | Credit | Hazard Insurance | Document Error | Hazard Insurance | Hazard Insurance policy does not list Lender or Servicer and its successors and assigns, per guideline requirements. | Mortgagee clause on HOI policy provided is not for the current lender. | Reviewer Comment (2026-07-09): Received hazard insurance policy with corrected mortgagee clause. Exception cleared. Buyer Comment (2026-07-07): see attached HOI |
07/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2187478 | XXX | 37111310 | Credit | Insurance | Insurance Documentation | Insurance | Insurance Policy Expiration Date is less than [redacted] days of the Note Date and does not have automatic renewal. | Hazard insurance policy has Policy Expiration Date of [redacted]/[redacted] which is within [redacted] days of the Note Date. | Reviewer Comment (2026-07-14): Received Hazard Insurance Policy. Exception Cleared. Buyer Comment (2026-07-10): HOI |
07/14/2026 | No | 1 | A | A | A | A | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||||||
| XXX | 2187458 | XXX | 37111314 | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | Missing evidence of rent payment for [redacted] and [redacted] for complete [redacted] months history. | Reviewer Comment (2026-07-17): Received deposit check dated [redacted]/[redacted] and [redacted]/[redacted] which covers [redacted] months pay history. Exception cleared. Buyer Comment (2026-07-15): [redacted] Reviewer Comment (2026-07-09): If the [redacted] check was provided as payment for the [redacted] rent, please provide clarification for [redacted] rent payment. Exception remains. Buyer Comment (2026-07-07): [redacted] check was dated [redacted]/[redacted] which would be for [redacted] rent. Reviewer Comment (2026-07-07): Received proof of rent payment for [redacted] and [redacted] still missing evidence of rent payment for [redacted]. Exception Remains. Buyer Comment (2026-07-02): [redacted] Buyer Comment (2026-07-02): [redacted] rent |
07/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2187485 | XXX | 37111316 | Credit | Insurance | Insurance Documentation | Insurance | Insurance Policy Expiration Date is less than [redacted] days of the Note Date and does not have automatic renewal. | Master policy is expiring in [redacted] days; provide extended Master Policy. | Reviewer Comment (2026-07-08): Received updated hazard insurance policy. Exception cleared. Buyer Comment (2026-07-06): Please find attached. |
07/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2187485 | XXX | 37111318 | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Provide the borrower's final Closing Statement fully executed by all parties or stamped true and certified. Copy provided is an estimated closing statement. | Reviewer Comment (2026-07-08): Received final closing statement as required. Exception cleared. Buyer Comment (2026-07-06): Please find attached. |
07/08/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | XX | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2191911 | XXX | 37113794 | Compliance | Compliance | State Compliance | Misc. State Level | Maryland Counseling Agencies Disclosure Not in File | [redacted] - No evidence of required counseling disclosure language per [redacted]. | Disclosure signed at the time of the application date is missing. | Reviewer Comment (2026-07-27): Received required documentation. Condition cleared. Buyer Comment (2026-07-23): see attached |
07/27/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | XX | Primary | Purchase | B | B | B | B | B | A | A | A | Non QM | Non QM | No | ||||||||||
| XXX | 2191911 | XXX | 37113795 | 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 ___. | Lender Approved Exception in file LTV of [redacted]% with compensating factors. | Borrower has been employed in the same industry for more than [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted]. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. |
Documentation Type: [redacted]mo Bank Statement Disposable Income: $[redacted] Reserves: [redacted] Guideline Requirement: [redacted] |
SitusAMC Aggregator,SitusAMC SitusAMC Aggregator,SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-07-07): Client elects to waive with compensating factors. |
07/07/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | XX | Primary | Purchase | B | B | B | B | B | A | A | A | Non QM | Non QM | No | |||||||
| XXX | 2191911 | XXX | 37113796 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception approved for FICO & LTV exception to [redacted]%, Residual income exceeds $[redacted] and [redacted] MOS reserves beyond standard requirement. | Borrower has been employed in the same industry for more than [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted]. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. |
Documentation Type: [redacted]mo Bank Statement Disposable Income: $[redacted] Reserves: [redacted] Guideline Requirement: [redacted] |
SitusAMC Aggregator,SitusAMC SitusAMC Aggregator,SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-07-07): Client elects to waive with compensating factors. |
07/07/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | XX | Primary | Purchase | B | B | B | B | B | A | A | A | Non QM | Non QM | No | ||||||||
| XXX | 2191911 | XXX | 37113797 | 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 approved exception for fico score below minimum required. | Borrower has been employed in the same industry for more than [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted]. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. |
Documentation Type: [redacted]mo Bank Statement Disposable Income: $[redacted] Reserves: [redacted] Guideline Requirement: [redacted] |
SitusAMC Aggregator,SitusAMC SitusAMC Aggregator,SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-07-07): Client elects to waive with compensating factors. |
07/07/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | XX | Primary | Purchase | B | B | B | B | B | A | A | A | Non QM | Non QM | No | |||||||
| XXX | 2191913 | XXX | 37113810 | 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 $[redacted] exceeds tolerance of $[redacted]. $[redacted] over legal limit. Insufficient or no cure was provided to the borrower. | Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $[redacted] exceeds tolerance of $[redacted]. $[redacted] over legal limit. Insufficient or no cure was provided to the borrower. | Reviewer Comment (2026-07-27): [redacted] received COC dated [redacted]. Buyer Comment (2026-07-24): Please see the attached Final CD showing the loan discount point of $[redacted] on top of Page [redacted] Buyer Comment (2026-07-24): Please see the attached COC |
07/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | 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 | |||||||||
| XXX | 2191921 | XXX | 37158542 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Borrower lives rent-free with someone other than a spouse since [redacted]. No prior housing history verified. Borrowers living rent-free are not permitted per guidelines. | The representative FICO score exceeds the guideline minimum by at least [redacted] points. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least [redacted]%. |
Guidelines Representative FICO: [redacted] Representative FICO: [redacted] Loan to Value: [redacted]% Guideline Maximum Loan to Value: [redacted]% |
SitusAMC SitusAMC |
Reviewer Comment (2026-06-11): Waived with compensating factors per lender exception approval. Buyer Comment (2026-06-09): exception |
06/11/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | XX | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | N/A | No | |||||||||||
| XXX | 2191921 | XXX | 37158543 | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | HUD/[redacted] provided is not signed by all parties. | Reviewer Comment (2026-06-11): Final SS. Buyer Comment (2026-06-10): Final SS |
06/11/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | XX | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | N/A | No | ||||||||||||||
| XXX | 2192001 | XXX | 37158597 | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | The file is missing complete [redacted]-month primary housing history. The borrower was previously living rent-free to complete the [redacted]-month history. This does not meet guidelines. The file is missing rate lock with LLPA adjustment and underwriter discretion documentation. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. | Reserves: [redacted] Guideline Requirement: [redacted] |
SitusAMC | Reviewer Comment (2026-07-07): Waived with compensating factors per lender exception approval. Reviewer Comment (2026-07-06): The exception is for the [redacted] residence. Per loan documents, borrower lived rent free prior to buying the new [redacted] residence. Provide rent free LOX verifying they lived rent free with the spouse. Living rent free with other than a spouse is not permitted. Additional conditions may apply. Buyer Comment (2026-07-01): Please refer page [redacted] of [redacted] showing transaction summary for complete [redacted] months. Reviewer Comment (2026-06-30): Require complete [redacted] months housing history for [redacted] residence. Exception remains Buyer Comment (2026-06-26): Please refer [redacted] (Loan statement), borrower have [redacted] months housing history on subject property. Reviewer Comment (2026-06-25): Condition updated: borrowers without a complete [redacted] month housing history are not allowed. Please provide updated approved exception for ineligible borrower due to previously living rent free. Buyer Comment (2026-06-23): Please find attached exception and [redacted] with UW discretion. |
07/07/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | XX | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||
| XXX | 2191988 | XXX | 37158600 | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | The HUD in file is an estimated HUD, missing final. | Reviewer Comment (2026-06-24): Received final closing statement. Exception Cleared. Buyer Comment (2026-06-22): Please see attached |
06/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXX | 2191988 | XXX | 37158601 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | HOI coverage is insufficient by $[redacted]. Provide updated policy reflecting minimum coverage of $[redacted] or provide copy of insurer's replacement cost estimate supporting current coverage amount. | Reviewer Comment (2026-06-24): Received updated Hazard insurance policy. Exception Cleared. Buyer Comment (2026-06-22): Please see attached |
06/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXX | 2191988 | XXX | 37158602 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of ___ is less than Cash From Borrower ___. | Total verified assets are $[redacted], which includes the earnest money and gift funds. Funds to close total $[redacted]. | Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted]. The representative FICO score exceeds the guideline minimum by at least [redacted] points. The qualifying DSCR on the loan is greater than the guideline minimum. |
Guidelines Representative FICO: [redacted] Representative FICO: [redacted] The DSCR of [redacted] is greater than the minimum required DSCR of [redacted]. |
SitusAMC Originator,SitusAMC SitusAMC,Originator |
Reviewer Comment (2026-06-29): Waived with compensating factors per lender approved exception received in trailing documents. Reviewer Comment (2026-06-29): EXCEPTION HISTORY - Exception Explanation was updated on [redacted]/[redacted] PRIOR Exception Explanation: Documented qualifying Assets for Closing of $[redacted] is less than Cash From Borrower $[redacted]. Buyer Comment (2026-06-25): Please see attached |
06/29/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | XX | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||
| XXX | 2191972 | XXX | 37158605 | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided | Missing OFAC for business entity. | Reviewer Comment (2026-06-25): Received OFAC document. Exception cleared. Buyer Comment (2026-06-23): Please find attached. |
06/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2191975 | XXX | 37158608 | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within [redacted] or [redacted] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title policy amount is not provided. | Reviewer Comment (2026-06-26): Title supplement received reflecting sufficient coverage. Buyer Comment (2026-06-24): Please see attached |
06/26/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | XX | Investment | Purchase | B | A | B | A | A | A | N/A | No | ||||||||||||||
| XXX | 2191992 | XXX | 37158613 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Refinance purpose discrepancy. | Loan refinance purpose of ___ does not match Guideline loan refinance purpose of ___. | Loan approval sys no cash out, however borrower received cash out. | The representative FICO score exceeds the guideline minimum by at least [redacted] points. | SitusAMC | Reviewer Comment (2026-07-01): Waived with compensating factors per lender approved exception. Buyer Comment (2026-06-29): exception |
07/01/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | XX | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||
| XXX | 2191991 | XXX | 37158615 | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | Provide verification of the [redacted] and [redacted] payments for the [redacted] residence. | Reviewer Comment (2026-06-26): Credit supplement received reflecting [redacted] and [redacted] payments. Buyer Comment (2026-06-24): credit supplement |
06/26/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2191962 | XXX | 37158617 | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | Provide a pay history for the [redacted] account secured by the [redacted] residence. | Reviewer Comment (2026-07-07): Received LOE from spouse with property history report. Exception Cleared. Buyer Comment (2026-07-02): Borrower is on title for [redacted] residence. Reviewer Comment (2026-07-01): Received rent free letter. Provide updated [redacted] reflecting no [redacted] housing expenses. Exception remains. Buyer Comment (2026-06-29): Please find attached LOE from spouse. Also find attached proof borrower also own the [redacted] address and her name reflecting in grantee in property history report. Reviewer Comment (2026-06-26): If borrower is living rent free with non-borrowing spouse, please provide LOE from spouse and updated [redacted] reflecting this. Buyer Comment (2026-06-24): Please find attached documentation from [redacted] show loan in the name of spouse and secured by [redacted] residence. |
07/07/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | N/A | No | ||||||||||||||
| XXX | 2191962 | XXX | 37158618 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Provide a full pay history from [redacted] being paid off with loan proceeds. | Borrower has owned the subject property for at least [redacted] years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least [redacted]%. The qualifying DSCR on the loan is greater than the guideline minimum. |
Reserves: [redacted] Guideline Requirement: [redacted] Loan to Value: [redacted]% Guideline Maximum Loan to Value: [redacted]% The DSCR of [redacted] is greater than the minimum required DSCR of [redacted]. |
SitusAMC Originator,SitusAMC Originator,SitusAMC SitusAMC,Originator |
Reviewer Comment (2026-07-28): Waived with compensating factors per lender approved exception. Buyer Comment (2026-07-24): Please find attached exception. Reviewer Comment (2026-06-26): Condition is asking for a full [redacted] month pay history, not the payoff. Buyer Comment (2026-06-24): Please find attached payoff statement and final settlement statement reflecting HELOC from [redacted] got paid in final settlement statement. |
07/28/2026 | No | 2 | C | B | C | B | C | B | C | B | D | B | XX | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | N/A | No | |||||||||||
| XXX | 2191968 | XXX | 37158621 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of ___ is less than Cash From Borrower ___. | Available for Closing is insufficient to cover Cash From Borrower. | The qualifying DSCR on the loan is greater than the guideline minimum. | The DSCR of [redacted] is greater than the minimum required DSCR of [redacted]. | SitusAMC,Originator | Reviewer Comment (2026-07-16): Waived with compensating factors per lender approved exception received in trailing documents. Reviewer Comment (2026-07-16): EXCEPTION HISTORY - Exception Explanation was updated on [redacted]/[redacted] PRIOR Exception Explanation: Documented qualifying Assets for Closing of $[redacted] is less than Cash From Borrower $[redacted]. Buyer Comment (2026-07-14): Please see exception attached. Thank you. Reviewer Comment (2026-07-10): Required cash from borrower $[redacted] + EMD $[redacted] + POCB $[redacted] + Gift funds $[redacted] = Total required $[redacted] and total funds verified $[redacted]. Exception remains Buyer Comment (2026-07-08): Please note per your asset figures on loan summary report - EMD cleared ([redacted] - seller) should reflect "YES" on [redacted]/[redacted] for $[redacted] see [redacted] statement. Also executed HUD reflects due from Borrower $[redacted]. Please advise why you are not giving the asset full balance of [redacted] acct #[redacted] for $[redacted]. Which means Borrower only short to close $[redacted]. Thank you. PLEASE advise thank you. |
07/16/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | XX | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||
| XXX | 2191960 | XXX | 37158626 | Credit | Property - Appraisal | General Appraisal Requirements | Property - Appraisal | Subject is a refinance and property is listed for sale. | - | The Appraisal and Quality Control Summary disclosed that the subject property was listed on [redacted]/[redacted] with a contract status on [redacted]/[redacted]. Please provide evidence that the listing was removed prior to the Note date. Additional conditions may apply. If property was listed within past [redacted] months, the LTV will be based off the most recent list price. | Reviewer Comment (2026-06-26): [redacted] received reflecting prior listing was rental listing and was not a prior sales listing. Buyer Comment (2026-06-24): [redacted] |
06/26/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||||
| XXX | 2191974 | XXX | 37158634 | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | Reviewer Comment (2026-07-06): Received UW discretion for guarantor [redacted] and tax certificate showing taxes paid for guarantor [redacted]. Exception cleared. Buyer Comment (2026-07-01): Please find attached UW discretion for guarantor [redacted] and taxes are also paid current for guarantor [redacted]. Reviewer Comment (2026-06-30): Received rent free letter for guarantor [redacted]. Require UW discretion for borrower living rent free other than a spouse. Received property history report for guarantor [redacted] along with name change document. property is free and clear. Provides taxes paid current. Exception remains. Buyer Comment (2026-06-26): Please find attached documentation for housing history for both the borrowers |
07/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXX | 2191995 | XXX | 37158639 | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | For the [redacted] residence, provide either a [redacted]-month pay history or a property report verifying it is owned free and clear with taxes paid current. Or a rent-free letter. Additional conditions may apply. | Reviewer Comment (2026-07-07): Received property profile for [redacted] residence which shows no lien on the property and also received tax bill with no due pending. Exception cleared. Buyer Comment (2026-07-02): tax bill Buyer Comment (2026-07-02): Property profile |
07/07/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2191965 | XXX | 37158647 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Reviewer Comment (2026-07-07): Received email confirmation from insurance company for [redacted]% replacement coverage. Exception cleared. Buyer Comment (2026-07-02): [redacted]% replacement cost email |
07/07/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Rate/Term | D | B | D | B | A | A | N/A | No | |||||||||||||||
| XXX | 2191965 | XXX | 37158648 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of ___ is less than Cash From Borrower ___. | Require additional asset to cover cash from borrower. | The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .[redacted]. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Debt Service Coverage Ratio: [redacted] Guideline Requirement: [redacted] Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
Originator,SitusAMC Originator,SitusAMC |
Reviewer Comment (2026-07-15): Waived with compensating factors per lender exception approval. Buyer Comment (2026-07-13): exception Reviewer Comment (2026-07-07): Received business bank statement with end date of [redacted]/[redacted]. Note date is [redacted]/[redacted]. Require statement with balance details as of [redacted]/[redacted] or provide wire confirmation/deposit receipt for transaction dated [redacted]/[redacted] ($[redacted]) and/or [redacted]/[redacted]($[redacted]). Exception remains. Buyer Comment (2026-07-06): [redacted] Buyer Comment (2026-07-02): $[redacted] POC paid by CC |
07/15/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | XX | Investment | Refinance - Rate/Term | D | B | D | B | A | A | N/A | No | ||||||||||
| XXX | 2191965 | XXX | 37158650 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Provide a [redacted] month pay history from [redacted] and [redacted] or provide verification no payments were required. | The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .[redacted]. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Debt Service Coverage Ratio: [redacted] Guideline Requirement: [redacted] Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
Originator,SitusAMC Originator,SitusAMC |
Reviewer Comment (2026-07-15): Correction. Reviewer Comment (2026-07-15): Waived with compensating factors per lender exception approval. Buyer Comment (2026-07-13): see attached exception Reviewer Comment (2026-07-07): Received loan agreements for [redacted] which does not have payment clause. About [redacted] loan, per credit report, loan was originated on [redacted]/[redacted] with month reviewed as [redacted] and later it was transferred to [redacted] with first payment in [redacted]. Total [redacted] months are completed till [redacted] and per payoff statement available for [redacted] loan is due to for [redacted]. Require Note for [redacted] with clause for No monthly payment need to be made. Exception remains. Buyer Comment (2026-07-06): [redacted] - [redacted] Buyer Comment (2026-07-06): Property was purchased [redacted]/[redacted] first mortgage payment [redacted]/[redacted] through original servicer [redacted]/Movement (see payments for [redacted]-[redacted]). Then it was transferred to [redacted] (see payments for [redacted]-[redacted]). Buyer Comment (2026-07-02): [redacted] note- no payments were due per attached payoffs. Payoff was $[redacted] + $[redacted] interest reported on the note. Buyer Comment (2026-07-02): [redacted] payoff |
07/15/2026 | No | 2 | C | B | C | B | C | B | C | B | D | B | XX | Investment | Refinance - Rate/Term | D | B | D | B | A | A | N/A | No | |||||||||||
| XXX | 2191984 | XXX | 37158652 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2026-07-16): Received final title. Exception cleared |
07/16/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXX | 2191984 | XXX | 37158653 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | There are [redacted] privately held mortgages listed on title and were not paid at closing. Provide verification that these have both been satisfied and released. | Reviewer Comment (2026-07-16): Received final title policy clear of all liens and mortgages. Exception cleared. Buyer Comment (2026-07-14): Please see attached Reviewer Comment (2026-07-08): Received marked up title report. Provide title confirmation from title company confirming private mortgage will be omitted or verification that these both mortgages have been satisfied and released. Exception Remains. Buyer Comment (2026-07-06): Please see attached Reviewer Comment (2026-07-01): Provide confirmation from title company confirming private mortgages will be omitted or provide verification that these have both been satisfied and released. Exception remains Buyer Comment (2026-06-29): Please see attached |
07/16/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2191966 | XXX | 37158654 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2026-07-07): Received Title Final. Exception Cleared. |
07/07/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXX | 2191966 | XXX | 37158655 | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | Provide verification of the [redacted]/[redacted] payment for [redacted]. | Reviewer Comment (2026-07-07): Per guideline [redacted] with no reduction. Exception Cleared. Buyer Comment (2026-07-02): Program permits [redacted] with no reduction; we don't have evidence of [redacted] payment |
07/07/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2191966 | XXX | 37158656 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | HOI is insufficient. Shortfall is $[redacted]. | Reviewer Comment (2026-07-28): Received updated HOI with coverage meeting loan amount, which meets guideline requirements. Buyer Comment (2026-07-27): HOI |
07/28/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2191966 | XXX | 37158657 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Title search shows negative impact on title. | Provide verification that the judgement on title is paid and released. | Reviewer Comment (2026-07-07): Received Title Final. Exception Cleared. Buyer Comment (2026-07-02): final title Buyer Comment (2026-07-02): omit letter Buyer Comment (2026-07-02): judgement removed |
07/07/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2191957 | XXX | 37158661 | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | Missing evidence of the [redacted] payment for the [redacted] residence of [redacted]. | Reviewer Comment (2026-07-10): Per lender, accepting [redacted] which meets guideline requirements. Reviewer Comment (2026-07-07): Per guideline requirements, a [redacted]-month housing history for the [redacted] residence is required. If the documentation cannot be provided, please submit a lender exception request supported by compensating factors. Exception remains Buyer Comment (2026-07-02): Program permits [redacted] with no reduction.; We don't have evidence of [redacted] payment. |
07/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2191978 | XXX | 37158664 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided | Certificate of Good Standing is not available in the file | Reviewer Comment (2026-07-07): Received Certificate of Good Standing. Exception Cleared. Buyer Comment (2026-07-02): COGS |
07/07/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2192000 | XXX | 37158669 | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Estimate provided | Reviewer Comment (2026-07-02): Received final signed & dated closing statement. Exception cleared. Buyer Comment (2026-06-30): PFA |
07/02/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | XX | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2191989 | XXX | 37158671 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Missing property history report for [redacted] residence showing property is free & clear. | Reviewer Comment (2026-07-10): Received property profile for [redacted] residence with no lien on the property. Exception cleared. Buyer Comment (2026-07-08): See property profile attached. |
07/10/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | XX | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2191961 | XXX | 37158674 | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | Provide evidence of the [redacted]/[redacted] payment for the [redacted]. | Reviewer Comment (2026-07-07): Client elected to clear the exception with a [redacted]. Reviewer Comment (2026-07-07): As per the guideline, required recent [redacted]-month payment history for [redacted] residence. If this is unavailable, provide a lender exception. Exception remains. Buyer Comment (2026-07-02): program permits [redacted] with no reduction. We don't have evidence of [redacted] payment |
07/07/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2192004 | XXX | 37158688 | 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. | Signed copy of the Certificate of Non-Owner Occupied disclosure does not show the borrower's principal address. | Reviewer Comment (2026-07-09): Received Certificate of Non-Owner occupancy with [redacted] residence address. Exception cleared. Buyer Comment (2026-07-07): Non-Owner |
07/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2191976 | XXX | 37158690 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Rent-free letter was in the file; however, UW Discretion is required for a borrower living rent-free with someone other than a spouse. | Reviewer Comment (2026-07-09): Received UW Discretion for borrower living rent free other than a spouse. Exception cleared. Buyer Comment (2026-07-07): UW discretion |
07/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2191979 | XXX | 37158691 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | [redacted] Error: Creditor Application Date was not provided | Credit application is not dated. | Reviewer Comment (2026-07-10): Received Credit application with dated. Exception Cleared. Buyer Comment (2026-07-08): Final Commercial app |
07/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2191987 | XXX | 37158693 | Credit | Documents | Missing Document | Documents | File does not contain documentation from lender/seller confirming the condo/co-op is warrantable. | - | HOA Questionnaire provided to borrower which states the condo is not warrantable. | Reviewer Comment (2026-07-09): Non-warrantable condominiums require a full condo review which is available at initial review. Exception cleared. Buyer Comment (2026-07-07): Condo is Non-Warrantable per project approval. |
07/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | D | B | D | B | A | A | N/A | No | |||||||||||||
| XXX | 2191987 | XXX | 37158694 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender approved exception at origination to allow [redacted] square feet for subject property, when minimum requirement is [redacted] square feet. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Reserves: [redacted] Guideline Requirement: [redacted] Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
Originator Pre-Close,SitusAMC Originator Pre-Close,SitusAMC |
Reviewer Comment (2026-06-25): Lender approved exception at origination with compensating factors. |
06/25/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | XX | Investment | Purchase | D | B | D | B | A | A | N/A | No | |||||||||||
| XXX | 2191987 | XXX | 37158695 | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Document provided in file states it is an estimate. Please provide final signed/stamped certified HUD for subject transaction. | Reviewer Comment (2026-07-09): Received final closing statement. Exception cleared. Buyer Comment (2026-07-07): Final SS |
07/09/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | XX | Investment | Purchase | D | B | D | B | A | A | N/A | No | ||||||||||||||
| XXX | 2191999 | XXX | 37158697 | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | The file contains an estimated closing statement only. The final executed HUD is required. | Reviewer Comment (2026-07-07): Received certified true and correct copy of closing statement. Exception cleared. Buyer Comment (2026-07-02): Final SS |
07/07/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2191999 | XXX | 37158698 | 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: ___ | A hazard insurance policy has been provided that will be effective on [redacted]/[redacted] and will start after the note date. | Reviewer Comment (2026-07-10): Received letter from insurance company stating there was no property damage, loss or insurance claim in [redacted]. Exception cleared Buyer Comment (2026-07-08): Ins agent was unable to backdate the Ins policy; they provided a letter stating no dames on [redacted]/[redacted] |
07/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||
| XXX | 2191999 | XXX | 37158699 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | DSCR used market rent $[redacted]/PITIA of $[redacted] (P&I $[redacted] + HOI $[redacted] + tax $[redacted]) = [redacted] | Reviewer Comment (2026-07-07): Received lease agreement along with [redacted] months rental receipt. Exception cleared. Buyer Comment (2026-07-02): $[redacted] rent |
07/07/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2192003 | XXX | 37158701 | 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 (2026-07-08): Received Certificate of Non-Owner occupancy with [redacted] residence address. Exception cleared. Buyer Comment (2026-07-06): Please see attached Certificate of Non-Owner Occupied disclosure |
07/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2192006 | XXX | 37158709 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: HOA Questionnaire not provided | Reviewer Comment (2026-07-10): Received HOA questionnaire. Exception Cleared. Buyer Comment (2026-07-08): condo questionnaire |
07/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXX | 2191959 | XXX | 37158712 | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided | Missing OFAC for business entity. | Reviewer Comment (2026-07-09): Received OFAC for borrowing entity. Exception cleared. Buyer Comment (2026-07-07): Please see attached |
07/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2191955 | XXX | 37158715 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided | Certificate of Good Standing Document was not found in the loan file. | Reviewer Comment (2026-07-17): Certificate of Good Standing Document is not required, LLC formed within the last [redacted] months. Exception cleared Buyer Comment (2026-07-15): Per guidelines, Not required if the LLC was formed within the last [redacted] months |
07/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2194124 | XXX | 37238448 | 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 ([redacted]) business days prior to closing. | Only the final Closing Statement dated [redacted]/[redacted] was provided. An initial Closing Disclosure dated and received at least [redacted] business days prior to closing is required. | Reviewer Comment (2026-05-19): [redacted] received CD dated [redacted]/[redacted] Buyer Comment (2026-05-18): Initial CD and Tracking |
05/19/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Primary | Refinance - Cash-out - Other | No Defined Cure | C | B | C | A | C | B | A | A | Non QM | Non QM | No | |||||||||
| XXX | 2194124 | XXX | 37238449 | 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 Loan Discount Points. Fee Amount of $[redacted] exceeds tolerance of $[redacted]. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-05-13): Sufficient Cure Provided At Closing |
05/13/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | XX | Primary | Refinance - Cash-out - Other | Final CD evidences Cure | C | B | C | A | C | B | A | A | Non QM | Non QM | Yes | ||||||||||
| XXX | 2194124 | XXX | 37238451 | 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 $[redacted] exceeds tolerance of $[redacted]. $[redacted] over legal limit. Insufficient or no cure was provided to the borrower. | Fee tolerance violation is caused by the increase of the Loan Discount Points on the final Closing Disclosure dated [redacted]/[redacted]. The provided change of circumstance in file is dated [redacted] days prior to this disclosure. There is no cure provided in file. | Reviewer Comment (2026-05-19): [redacted] received valid COC dated [redacted] Buyer Comment (2026-05-18): Please see attached VCOC |
05/19/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | 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 | C | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXX | 2194124 | XXX | 37238452 | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Missing required Fraud Report for [redacted]. | Reviewer Comment (2026-05-20): Received Fraud Report. Exception Cleared. Buyer Comment (2026-05-18): Fraud Report |
05/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXX | 2194124 | XXX | 37238453 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank [redacted]): Creditor did not provide a copy of each valuation to applicant ([redacted]) business days prior to consummation. | Document provided was the Reconsideration of Value Disclosure. | Buyer Comment (2026-05-18): Please waive EV [redacted] |
05/18/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | XX | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXX | 2194128 | XXX | 37238454 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank [redacted]): Creditor did not provide a copy of each valuation to applicant ([redacted]) business days prior to consummation. | Neither evidence of appraisal delivery nor compliant acknowledgment of receipt signed at closing is provided. (Acknowledgment must have [redacted] choice either provided within [redacted] business days or waived) | Reviewer Comment (2026-06-25): Received waiver Reviewer Comment (2026-06-12): Received Acknowledgment but unable to accept as borrower needed to choose one of the options. Exception remains Buyer Comment (2026-06-11): Appraisal delivery Reviewer Comment (2026-05-28): Received tracking details but none of them have the appraisal revision date of [redacted]/[redacted] showing sent to borrower Buyer Comment (2026-05-22): Tracking details |
06/25/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | XX | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXX | 2194128 | XXX | 37238455 | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML [redacted] Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is equal to or greater than the threshold of APOR [redacted]% + [redacted]%, or [redacted]%. Non-Compliant Higher Priced Mortgage Loan. | Loan is a non-compliant Higher-Priced Mortgage Loan, due to missing evidence of appraisal delivery [redacted] days prior to closing. | Reviewer Comment (2026-06-24): Received Waiver Buyer Comment (2026-06-18): Appraisal waiver has been uploaded. |
06/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXX | 2194128 | XXX | 37238456 | 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 [redacted]): Creditor did not provide a copy of each valuation to applicant ([redacted]) business days prior to consummation. | Final appraisal is dated [redacted]/[redacted] which is less than [redacted] business days prior to the note date ([redacted]/[redacted]). Evidence of appraisal delivery is not provided. Due to the date of the appraisal, the borrower could not have received the final appraisal within the required timing parameters. | Reviewer Comment (2026-06-24): Received Waiver Buyer Comment (2026-06-24): appraisal waiver Buyer Comment (2026-06-17): Waiver uploaded Reviewer Comment (2026-06-12): Unable to accept Acknowledgment as one of the choices has to be marked Buyer Comment (2026-06-11): Appraisal delivery Reviewer Comment (2026-05-28): Received tracking details but none of them have the appraisal revision date of [redacted]/[redacted] showing sent to borrower Buyer Comment (2026-05-22): tracking details uploaded |
06/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXX | 2194128 | XXX | 37238461 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Based on asset documentation in file, verified assets total $[redacted]. With funds required to bring to closing of $[redacted], plus the Appraisal Fee of $[redacted] POC, plus the down payment/deposit of $[redacted], plus Insurance Premium of $[redacted] POC, total funds to be verified is $[redacted]. Additionally, guidelines require [redacted] months of reserves for this loan ($[redacted]), and there are no reserves verified. Shortage is due to unsourced deposits of $[redacted] and $[redacted] to [redacted] #[redacted] on [redacted]/[redacted] | Reviewer Comment (2026-06-12): received source of funds Buyer Comment (2026-06-11): Gift letter to source the [redacted] deposit Buyer Comment (2026-06-11): I think you are including the EMD which came from a DIFFERENT account and there are sufficient documents to support in the file Settlement statement cash to close = [redacted] Reserves = [redacted] Total required = [redacted] We do NOT include POCs in our cash requirements Total required = [redacted] Appraisal = [redacted] Insurance = [redacted] Total with POC = [redacted] Assets Total assets in [redacted] acct [redacted] = [redacted] Deposited Gift total = [redacted] Total borrower owned verified assets for reserves REMOVING deposited gifts = [redacted] System also supports sufficient assets based in the updated cash to close from the settlement statement Settlement statement cash to close EMD = $[redacted] is showing as a CREDIT on the settlement statement (this is NOT included in cash to close requirements); paid from [redacted] account [redacted] on [redacted]/[redacted]. Note this account is NOT being used for cash to close or reserves. Large deposit: the [redacted] was wired into the borrowers [redacted] account [redacted] on [redacted]/[redacted] and then transferred to [redacted] account [redacted] on [redacted]/[redacted] Thank you, |
06/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXX | 2194128 | XXX | 37238462 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Based on asset documentation in file, verified assets total $[redacted]. With funds required to bring to closing of $[redacted], plus the Appraisal Fee of $[redacted] POC, plus the down payment/deposit of $[redacted], plus Insurance Premium of $[redacted] POC, total funds to be verified is $[redacted]. Therefore, the file does not contain sufficient asset documentation for closing funds. Shortage is due to unsourced deposits of $[redacted] and $[redacted] to [redacted] #[redacted] on [redacted]/[redacted] | Reviewer Comment (2026-06-12): received source of funds Buyer Comment (2026-06-11): they are including the EMD which came from a DIFFERENT account and there are sufficient documents to support in the file Settlement statement cash to close = [redacted] Reserves = [redacted] Total required = [redacted] We do NOT include POCs in our cash requirements Total required = [redacted] Appraisal = [redacted] Insurance = [redacted] Total with POC = [redacted] Assets Total assets in [redacted] acct [redacted] = [redacted] Deposited Gift total = [redacted] Total borrower owned verified assets for reserves REMOVING deposited gifts = [redacted] System also supports sufficient assets based in the updated cash to close from the settlement statement Settlement statement cash to close EMD = $[redacted] is showing as a CREDIT on the settlement statement (this is NOT included in cash to close requirements); paid from [redacted] account [redacted] on [redacted]/[redacted]. Note this account is NOT being used for cash to close or reserves. Large deposit: the [redacted] was wired into the borrowers [redacted] account [redacted] on [redacted]/[redacted] and then transferred to [redacted] account [redacted] on [redacted]/[redacted] Thank you, |
06/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXX | 2194128 | XXX | 37238463 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank [redacted]): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | ATR finding due to shortage of funds to close and reserves, resulting in a loan designation discrepancy. | Reviewer Comment (2026-06-12): received source of funds Buyer Comment (2026-06-11): they are including the EMD which came from a DIFFERENT account and there are sufficient documents to support in the file Settlement statement cash to close = [redacted] Reserves = [redacted] Total required = [redacted] We do NOT include POCs in our cash requirements Total required = [redacted] Appraisal = [redacted] Insurance = [redacted] Total with POC = [redacted] Assets Total assets in [redacted] acct [redacted] = [redacted] Deposited Gift total = [redacted] Total borrower owned verified assets for reserves REMOVING deposited gifts = [redacted] System also supports sufficient assets based in the updated cash to close from the settlement statement Settlement statement cash to close EMD = $[redacted] is showing as a CREDIT on the settlement statement (this is NOT included in cash to close requirements); paid from [redacted] account [redacted] on [redacted]/[redacted]. Note this account is NOT being used for cash to close or reserves. Large deposit: the [redacted] was wired into the borrowers [redacted] account [redacted] on [redacted]/[redacted] and then transferred to [redacted] account [redacted] on [redacted]/[redacted] Thank you, |
06/12/2026 | No | 1 | B | A | C | A | B | A | C | A | B | A | XX | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation | C | B | C | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXX | 2194128 | XXX | 37238464 | 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. | ATR due to shortage of funds to close and reserves. | Reviewer Comment (2026-06-12): received source of funds Buyer Comment (2026-06-11): they are including the EMD which came from a DIFFERENT account and there are sufficient documents to support in the file Settlement statement cash to close = [redacted] Reserves = [redacted] Total required = [redacted] We do NOT include POCs in our cash requirements Total required = [redacted] Appraisal = [redacted] Insurance = [redacted] Total with POC = [redacted] Assets Total assets in [redacted] acct [redacted] = [redacted] Deposited Gift total = [redacted] Total borrower owned verified assets for reserves REMOVING deposited gifts = [redacted] System also supports sufficient assets based in the updated cash to close from the settlement statement Settlement statement cash to close EMD = $[redacted] is showing as a CREDIT on the settlement statement (this is NOT included in cash to close requirements); paid from [redacted] account [redacted] on [redacted]/[redacted]. Note this account is NOT being used for cash to close or reserves. Large deposit: the [redacted] was wired into the borrowers [redacted] account [redacted] on [redacted]/[redacted] and then transferred to [redacted] account [redacted] on [redacted]/[redacted] Thank you, |
06/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXX | 2194128 | XXX | 37238465 | 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 $[redacted] exceeds tolerance of $[redacted]. $[redacted] over legal limit. Insufficient or no cure was provided to the borrower. | Credit Report Fee was disclosed as $[redacted] on the initial Loan Estimate but was disclosed as $[redacted] on the final Closing Disclosure. A valid change of circumstance is not provided for the fee increase and no evidence of tolerance cure is provided. | Reviewer Comment (2026-05-26): [redacted] received PCCD, LOE, proof of mailing & copy of refund check. Buyer Comment (2026-05-22): PCCD attached |
05/26/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | XX | 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 | |||||||||
| XXX | 2194128 | XXX | 37238466 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank [redacted]): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | Buyer Comment (2026-06-26): New appraisal was due to name change. We will except the [redacted] please waive condition. Thank you |
06/26/2026 | No | 2 | B | B | B | B | B | XX | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||||||||
| XXX | 2194125 | XXX | 37238471 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Assets totaling $[redacted] were provided, and fully considered. However, additional assets are required to satisfy the [redacted] month reserve requirement. Please provide additional assets to satisfy the [redacted] month reserve requirement. | Reviewer Comment (2026-06-25): Received deposit receipt for additional EM Buyer Comment (2026-06-24): See statement from [redacted], shows $[redacted] transferred to title, remaining balance $[redacted] Reviewer Comment (2026-06-22): Down Payment was $[redacted] + total closing costs $[redacted] = $[redacted] + [redacted] months reserves @ $[redacted] per month or $[redacted] total of reserves with down payment and closing costs = $[redacted] required for closing and only $[redacted] verified Buyer Comment (2026-06-17): Per [redacted] Underwriter: Based on the final numbers when file was clear to close funds needed for closing $[redacted] plus [redacted] months reserves $[redacted] = total funds needed to be verified $[redacted] Assets verified funds held by title company $[redacted] funds in [redacted] account $[redacted] = $[redacted] based on final numbers at CTC there were sufficient assets verified for closing and reserves |
06/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Second Home | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | |||||||||||
| XXX | 2194125 | XXX | 37238473 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Assets totaling $[redacted] were provided, and fully considered. However, additional assets are required to satisfy the Cash From Borrower requirement of $[redacted]. Please provide additional assets to satisfy the Cash From Borrower requirement of $[redacted]. | Reviewer Comment (2026-06-25): Received deposit receipt for additional EM Buyer Comment (2026-06-24): See statement from [redacted], shows $[redacted] transferred to title, remaining balance $[redacted] Reviewer Comment (2026-06-24): Please load Wire from Title agent and Wires for $[redacted] and $[redacted] Buyer Comment (2026-06-24): PCCD provided shows cash from borrower $[redacted], and if $[redacted] has been verified then we meet he cash from borrower needed. Can you please clear condition? Reviewer Comment (2026-06-22): Down Payment was $[redacted] + total closing costs $[redacted] = $[redacted] + [redacted] months reserves @ $[redacted] per month or $[redacted] total of reserves with down payment and closing costs = $[redacted] required for closing and only $[redacted] verified Buyer Comment (2026-06-17): I found that the lenders closing docs had an incorrect monthly flood insurance amount. Please see attached PCCD, IEAD, First Payment Letter, and [redacted] with the corrected monthly amount of $[redacted] to match premium policy. With this PCCD it shows borrower only needed $[redacted] and $[redacted] was available. Please review. |
06/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Second Home | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | |||||||||||
| XXX | 2194125 | XXX | 37238474 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank [redacted]): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | ATR Risk is due to the reserve requirement not being met as per guideline. | Reviewer Comment (2026-06-25): Received deposit receipt for additional EM Buyer Comment (2026-06-24): See stm. from [redacted] and email from title. Buyer Comment (2026-06-24): [redacted] stm, shows [redacted] transferred to title remaining balance $[redacted]. Reviewer Comment (2026-06-22): Down Payment was $[redacted] + total closing costs $[redacted] = $[redacted] + [redacted] months reserves @ $[redacted] per month or $[redacted] total of reserves with down payment and closing costs = $[redacted] required for closing and only $[redacted] verified Buyer Comment (2026-06-17): Per [redacted] Underwriter: Based on the final numbers when file was clear to close funds needed for closing $[redacted] plus [redacted] months reserves $[redacted] = total funds needed to be verified $[redacted] Assets verified funds held by title company $[redacted] funds in [redacted] account $[redacted] = $[redacted] based on final numbers at CTC there were sufficient assets verified for closing and reserves |
06/25/2026 | No | 1 | B | A | C | A | B | A | C | A | B | A | XX | Second Home | Purchase | Lender to provide updated ATR/QM Loan Designation | C | B | C | B | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXX | 2194125 | XXX | 37238475 | 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. | ATR Risk is due to the reserve requirement not being met as per guideline. | Reviewer Comment (2026-06-25): Received deposit receipt for additional EM Buyer Comment (2026-06-24): See statement from [redacted], shows $[redacted] transferred to title, remaining balance $[redacted] Buyer Comment (2026-06-24): [redacted] stm, shows [redacted] transferred to title remaining balance $[redacted]. Reviewer Comment (2026-06-22): Down Payment was $[redacted] + total closing costs $[redacted] = $[redacted] + [redacted] months reserves @ $[redacted] per month or $[redacted] total of reserves with down payment and closing costs = $[redacted] required for closing and only $[redacted] verified Buyer Comment (2026-06-17): Per [redacted] Underwriter: Based on the final numbers when file was clear to close funds needed for closing $[redacted] plus [redacted] months reserves $[redacted] = total funds needed to be verified $[redacted] Assets verified funds held by title company $[redacted] funds in [redacted] account $[redacted] = $[redacted] based on final numbers at CTC there were sufficient assets verified for closing and reserves |
06/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Second Home | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXX | 2194125 | XXX | 37238476 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender approved borrower to use funds held in a fintech money platform for closing and reserves and ACH requirements. Full usability was given to foreign bank statement ([redacted]). | Borrower has worked in the same position for more than [redacted] years. Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted]. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. Borrower has verified disposable income of at least $[redacted]. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-06-11): Lender exception approval in file |
06/11/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | XX | Second Home | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | |||||||||
| XXX | 2194125 | XXX | 37238477 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Missing Rate/Lock | Reviewer Comment (2026-06-19): Rate Lock document received Exception Cleared Buyer Comment (2026-06-12): Please see attached lock confirmation. |
06/19/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Second Home | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | |||||||||||
| XXX | 2194131 | XXX | 37238485 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on [redacted]/[redacted] prior to ([redacted]) business days from transaction date of [redacted]/[redacted]. | Reviewer Comment (2026-06-29): Received Buyer Comment (2026-06-26): See attached PCCD LOE and the proof of delivery |
06/29/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | A | A | A | C | A | A | A | Non QM | Non QM | Yes | ||||||||||
| XXX | 2194131 | XXX | 37238486 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank [redacted]): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | VVOE for Employment "[redacted]" and "[redacted]" should be within [redacted] business days prior to the Note date [redacted]/[redacted]. | Reviewer Comment (2026-06-29): Dated after Note date but prior to funding Buyer Comment (2026-06-26): These VVOE's should be acceptable. The were obtained prior to the funding of the loan on [redacted]. |
06/29/2026 | No | 1 | B | A | C | A | B | A | C | A | B | A | XX | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM status | C | A | A | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXX | 2194131 | XXX | 37238487 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Employment - W-2 | Ability to Repay (Dodd-Frank [redacted]): Unable to verify current Wages/W-2 employment status using reasonably reliable third-party records. | VVOE for Employment "[redacted]" and "[redacted]" should be within [redacted] business days prior to the Note date [redacted]/[redacted]. | Reviewer Comment (2026-06-29): Dated after Note date but prior to funding Buyer Comment (2026-06-26): These VVOE's should be acceptable. The were obtained prior to the funding of the loan on [redacted]. |
06/29/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXX | 2194131 | XXX | 37238488 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Employment - W-2 | Ability to Repay (Dodd-Frank [redacted]): Unable to verify current Wages/W-2 employment status using reasonably reliable third-party records. | VVOE for Employment "[redacted]" and "[redacted]" should be within [redacted] business days prior to the note date [redacted]/[redacted]. | Reviewer Comment (2026-06-29): Dated after Note date but prior to funding Buyer Comment (2026-06-26): These VVOE's should be acceptable. The were obtained prior to the funding of the loan on [redacted]. |
06/29/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXX | 2194131 | XXX | 37238490 | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank [redacted]): General Ability-to-Repay requirements not satisfied. | Missing Co-Borrower VVOEs within [redacted] days of Note date. | Reviewer Comment (2026-06-29): Dated after Note date but prior to funding |
06/29/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | XX | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXX | 2194127 | XXX | 37238493 | 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 ___. | Lender guidelines require minimum reserves of [redacted] months PITIA. Subject transaction does not meet this requirement due to the exclusion of the gift funds. Source of the gift was not provided as required. Additional assets will still be required on top of the gift fund documentation. Additional assets should be documented with [redacted] months of bank statements dated within [redacted] days of the Note. | Borrower has been employed in the same industry for more than [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted]. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-07-23): Lender requests to waive with compensating factors to an EV[redacted]/grade B Reviewer Comment (2026-07-22): Received Gift Wire - short reserves - currently at [redacted] vs [redacted] month requirement Reviewer Comment (2026-07-22): EXCEPTION HISTORY - Exception Explanation was updated on [redacted]/[redacted] PRIOR Exception Explanation: Calculated PITIA months reserves of [redacted] is less than Guideline PITIA months reserves of [redacted]. Buyer Comment (2026-07-17): Gift wire confirmation |
07/23/2026 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | XX | Second Home | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | ||||||||
| XXX | 2194127 | XXX | 37238494 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank [redacted]): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan Designation failure due to the insufficient assets for reserves. Source of the gift must be provided as well as additional assets to meet the reserve requirement. | Reviewer Comment (2026-07-23): Lender waived reserves Reviewer Comment (2026-07-22): Received gift wire, however still short funds for reserves. [redacted] months provided however [redacted] months required due to Foreign National Buyer Comment (2026-07-17): Gift wire confirmation |
07/23/2026 | No | 1 | B | A | C | A | B | A | C | A | B | A | XX | Second Home | Purchase | Lender to provide updated ATR/QM Loan Designation | C | B | C | B | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXX | 2194127 | XXX | 37238495 | 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. | Ability to Repay failure due to the insufficient assets for reserves. Source of the gift must be provided as well as additional assets to meet the reserve requirement. | Reviewer Comment (2026-07-23): Lender waived reserves Reviewer Comment (2026-07-22): Received gift wire, however still short funds for reserves. [redacted] months provided however [redacted] months required due to Foreign National Buyer Comment (2026-07-17): Gift wire confirmation |
07/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Second Home | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | ||||||||||
| XXX | 2184483 | XXX | 37282181 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Non-Owner Occupancy Declaration not provided | The Non-Owner Occupancy Certificate is not complete as Question [redacted] is missing the principal residence address. | Reviewer Comment (2025-05-06): clear Buyer Comment (2025-05-02): Affadavit |
05/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXX | 2184483 | XXX | 37282182 | 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 ___. | Removing use of asset depletion in DSCR calculation results in a DSCR of less than [redacted]. Per guidelines, DSCR less than [redacted] on a purchase transaction has a maximum LTV of [redacted]% and loan was approved at [redacted]% LTV. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted]. The representative FICO score exceeds the guideline minimum by at least [redacted] points. Borrower's Experience/Track Record |
Reserves: [redacted] Guideline Requirement: [redacted] Borrower's Experience/Track Record. The borrower has [redacted] Years of Experience. |
Originator,SitusAMC SitusAMC SitusAMC SitusAMC,Originator |
Reviewer Comment (2026-07-13): Waived with compensating factors per lender approved exception received in trailing documents. Buyer Comment (2026-07-13): Corrected Exception Reviewer Comment (2026-07-13): Exception received; however, under compensating factors it reflects a DSCR of [redacted]. The LTV exceeds guideline maximums due to the DSCR being below [redacted]. Please provide updated approved exception with valid compensating factors. Buyer Comment (2026-07-13): Exception |
07/13/2026 | No | 2 | B | B | B | B | B | XX | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXX | 2184471 | XXX | 37282194 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2026-06-08): Final title. |
06/08/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | XX | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | |||||||||||||||
| XXX | 2184471 | XXX | 37282195 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | [redacted] Error: Birth Date was not provided | - | Birth Date of "[redacted]" is missing in the file. | Reviewer Comment (2026-06-26): Corrected Note and destroyed Note affidavit received, updating signatures with one as individual and trustee and co-trustee as just trustee, not requiring credit documents. Buyer Comment (2026-06-26): Corrected Affidavit uploaded. Buyer Comment (2026-06-25): Corrected Note/Correspondence uploaded. |
06/26/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | XX | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | |||||||||||||
| XXX | 2184471 | XXX | 37282196 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Loan is included in a [redacted] mortgage. Provide verification the lien against the subject property is paid in full and/or verify the property is fully released from the [redacted] lien. | Reviewer Comment (2026-06-08): Final title. Buyer Comment (2026-06-05): Please see final title attached. Thank you. |
06/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2184471 | XXX | 37282197 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final [redacted] | Both individuals signed the Note as trustees. Provide a signed credit application, Credit Report and Fraud report for borrower [redacted]. | Reviewer Comment (2026-06-26): Corrected Note and destroyed Note affidavit received, updating signatures with one as individual and trustee and co-trustee as just trustee, not requiring credit documents. Buyer Comment (2026-06-25): Corrected Note/Correspondence uploaded. |
06/26/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2184471 | XXX | 37282198 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | For the [redacted] residence, provide either a [redacted] month pay history or a property report verifying it is owned free and clear with taxes paid current. | Reviewer Comment (2026-06-12): Property and Fraud report. Buyer Comment (2026-06-10): Please see attached. Thank you. |
06/12/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | XX | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2184471 | XXX | 37282199 | 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 HOI Dec page reflects [redacted] vs [redacted]. Provided an updated Declaration page with the Mortgagee listed as [redacted]. | Reviewer Comment (2026-06-08): Corrected Mortgagee. Buyer Comment (2026-06-04): Please see corrected mtgee clause on dec page attached. Thank you. |
06/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2184495 | XXX | 37282202 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Missing [redacted]-month payment history for the [redacted] residence. | Reviewer Comment (2026-05-27): Cleared with LOX, Death Certificate listing borrower as spouse, Fraud report and mortgage statements verifying the payments. Buyer Comment (2026-05-27): Please see attached same information previously provided as Borrowers primary is in a trust of late husband. Thank you. Reviewer Comment (2026-05-18): Statements provided are not in our borrower's name. Need evidence payments are made by our borrower and that they own this property and are not renting. Buyer Comment (2026-05-14): Please see [redacted]mth mtg statements for Borr's primary |
05/27/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | XX | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2184496 | XXX | 37282207 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Minimum Loan Amount discrepancy. | Note loan amount of ___ is less than Guideline minimum loan amount of ___. | Lender approved exception in file for loan amount under minimum required $[redacted]. Compensating factors: DSCR and reserves. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Reserves: [redacted] Guideline Requirement: [redacted] Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
SitusAMC SitusAMC |
Reviewer Comment (2026-05-18): Waived with compensating factors per lender exception approval at origination. |
05/18/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | XX | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | N/A | No | ||||||||||
| XXX | 2184484 | XXX | 37282210 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Per guidelines, all addresses on loan documents must match the USPS Zip Code address provided. The search provided in the file reflects that there were no results returned. Please provide valid USPS Zip code search. Loan subject to additional conditions once received. | Reviewer Comment (2026-05-25): Received USPS zip code lookup showing correct city name, Exception cleared. Buyer Comment (2026-05-21): See zip code lookup attached. Thank you. |
05/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2184484 | XXX | 37282211 | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. | The zip code on the Hazard Insurance policy did not match the zip code on the Note. Please provide an updated policy with the amended zip code. | Reviewer Comment (2026-05-25): Received Insurance document with correct zip code, Exception cleared. Buyer Comment (2026-05-21): Zip code of hoi policy corrected. Thank you. |
05/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2184484 | XXX | 37282212 | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. | The zip code on the flood certificate did not match the zip code on the Note. Please provide an updated certificate with the amended zip code. | Reviewer Comment (2026-05-25): Received Flood Cert document with correct zip code, Exception cleared. Buyer Comment (2026-05-21): Corrected zip code on flood cert attached. |
05/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2184470 | XXX | 37282216 | Credit | Missing Document | General | Missing Document | Missing Document: Verification of Non-US Citizen Status not provided | Permanent Resident Alien document was not found in the file. | Reviewer Comment (2026-07-07): Received corrected credit application. Exception Cleared. Buyer Comment (2026-07-02): Please see corrected [redacted] attached with esignature on last page. Thank you. |
07/07/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | D | B | D | B | A | A | N/A | No | ||||||||||||||
| XXX | 2184470 | XXX | 37282217 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of ___ is less than Cash From Borrower ___. | Borrower is short funds to close. Unable to confirm bank source for $[redacted] gift funds. | The representative FICO score exceeds the guideline minimum by at least [redacted] points. | Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
Originator,SitusAMC | Reviewer Comment (2026-07-13): Waived with compensating factors per lender approved exception received in trailing documents. Buyer Comment (2026-07-10): Please see exception attached. Thank you. Reviewer Comment (2026-06-16): Neither amount matches the amounts on the gift letters. Buyer Comment (2026-06-16): Please see attached wire confirmations. Thank you. |
07/13/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | XX | Investment | Purchase | D | B | D | B | A | A | N/A | No | ||||||||||
| XXX | 2184470 | XXX | 37282218 | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | The file is missing the final HUD-1. Copy in file is an estimate. | Reviewer Comment (2026-06-16): Final SS. Buyer Comment (2026-06-12): Please see certified HUD attached. Thank you. |
06/16/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | XX | Investment | Purchase | D | B | D | B | A | A | N/A | No | ||||||||||||||
| XXX | 2184493 | XXX | 37282221 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The zip code lookup reflects the city as [redacted]. The following documents reflect the city as [redacted] and will need to be corrected to match the USPS search: Title and Closing Statement. | Reviewer Comment (2026-05-29): Received corrected USPS document with city name reflecting [redacted]. Exception Cleared. Buyer Comment (2026-05-27): Please see attached the revised USPS. I uploaded the previous address lookup. Reviewer Comment (2026-05-25): There are [redacted] cities reflecting upon doing USPS search which is [redacted] and [redacted], Exception remains. Buyer Comment (2026-05-21): Please see attached updated USPS |
05/29/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2184493 | XXX | 37282222 | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete Note | Missing Document: Note - Subject Lien not provided | Note provided in file reflects the city as [redacted]; however, per USPS the correct city is [redacted]. The following cure documents are required: corrected Note, LOE and proof of delivery to borrower prior to signature of corrected Note, along with destroyed Note affidavit. | Reviewer Comment (2026-05-29): Received corrected USPS document with city name reflecting [redacted]. Exception Cleared. Buyer Comment (2026-05-27): Please see the new trailing document - the revised address lookup Reviewer Comment (2026-05-25): There are [redacted] cities reflecting upon doing USPS search which is [redacted] and [redacted], Exception remains. Buyer Comment (2026-05-21): Please see trailing document - updated USPS |
05/29/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | XX | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2184493 | XXX | 37282223 | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided | Security instrument provided in file reflects the city as [redacted]; however, per USPS the correct city is [redacted] on pages [redacted] and [redacted]. The following cure documents are required: Corrected Security Instrument along with LOE and proof of delivery to borrower prior to the updated document being signed, and notice of intent to record the corrected security instrument from the settlement agent. | Reviewer Comment (2026-05-29): Received corrected USPS document with city name reflecting [redacted]. Exception Cleared. Buyer Comment (2026-05-27): Please see the new trailing document - the revised address lookup Reviewer Comment (2026-05-25): There are [redacted] cities reflecting upon doing USPS search which is [redacted] and [redacted], Exception remains. Buyer Comment (2026-05-21): Please see trailing document - updated USPS |
05/29/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | XX | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2184493 | XXX | 37282224 | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. | HOI provided in file contains city that matches USPS search. This condition will be re-reviewed once the corrected Note and Security Instrument are received. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted]. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-06-30): Updated HOI received in trailing documents. Reviewer Comment (2026-06-30): Updated HOI Provided Reviewer Comment (2026-06-26): Waived with compensating factors per lender direction. Reviewer Comment (2026-05-29): As per provided revised lookup, the city is matching with the note. However, require updated hazard insurance document with city name [redacted]. Exception Remains. Buyer Comment (2026-05-27): Please see the new trailing document - the revised address lookup Reviewer Comment (2026-05-25): There are [redacted] cities reflecting upon doing USPS search which is [redacted] and [redacted], Exception remains. Buyer Comment (2026-05-21): Please see trailing document - updated USPS |
06/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||
| XXX | 2184474 | XXX | 37282230 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Borrowers living rent free with a spouse are acceptable with rent-free letter from spouse and copy of current mortgage statement/lease agreement. | The qualifying DSCR on the loan is greater than the guideline minimum. | The DSCR of [redacted] is greater than the minimum required DSCR of [redacted]. | SitusAMC,Originator | Reviewer Comment (2026-06-24): [redacted] Buyer Comment (2026-06-21): Exception Reviewer Comment (2026-06-16): Provide pay history for the prior loan in the amount of $[redacted] to complete the [redacted] month history. Buyer Comment (2026-06-12): Exception, Property Profile, VOM |
06/24/2026 | No | 2 | C | B | C | B | C | B | C | B | D | B | XX | Investment | Purchase | D | B | D | B | A | A | N/A | No | |||||||||||
| XXX | 2184474 | XXX | 37282231 | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Provide a final HUD/Closing Statement that is signed by the borrower or stamped true and certified by the agent. The copy provided in the file is an estimate. | Reviewer Comment (2026-06-05): Final SS. Buyer Comment (2026-06-03): Final HUD |
06/05/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | XX | Investment | Purchase | D | B | D | B | A | A | N/A | No | ||||||||||||||
| XXX | 2184502 | XXX | 37282234 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2026-06-29): Received Title Final. Exception Cleared. |
06/29/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | XX | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | |||||||||||||||
| XXX | 2184502 | XXX | 37282235 | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Provide a legible closing statement. Copy provided is not legible. | Reviewer Comment (2026-06-30): Legible final settlement statement received in trailing docs. Buyer Comment (2026-06-30): Final SS Reviewer Comment (2026-06-29): No new document has been received; only the final title is available. Exception Remains. Buyer Comment (2026-06-25): Final SS |
06/30/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | XX | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2184502 | XXX | 37282236 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Title commitment/loan payoff in the file indicates a [redacted] 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 (2026-06-29): Received Title Final. Exception Cleared. Buyer Comment (2026-06-25): final Title Reviewer Comment (2026-06-01): The address reflected on the provided Title Commitment does not match the address listed on the Note. Exception Remains. Buyer Comment (2026-05-28): title |
06/29/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2184482 | XXX | 37282241 | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided | [redacted] bank business account number [redacted], evidence of ownership percentage was not found in file. | The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .[redacted]. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Debt Service Coverage Ratio: [redacted] Guideline Requirement: [redacted] Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
Originator,SitusAMC SitusAMC |
Reviewer Comment (2026-07-02): Waived with compensating factors per lender exception approval. Buyer Comment (2026-07-01): exception Reviewer Comment (2026-06-29): Please see updated asset exception based on evidence of access to the funds not being provided. Updated exception approval will be required, approving the loan being short the required funds to close. Buyer Comment (2026-06-25): exception |
07/02/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | XX | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||
| XXX | 2184482 | XXX | 37282242 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of ___ is less than Cash From Borrower ___. | Due to missing evidence of access to the funds in account ending in [redacted]. | The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .[redacted]. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Debt Service Coverage Ratio: [redacted] Guideline Requirement: [redacted] Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
Originator,SitusAMC SitusAMC |
Reviewer Comment (2026-07-02): Waived with compensating factors per lender exception approval. Buyer Comment (2026-07-01): see attached exception |
07/02/2026 | No | 2 | B | B | B | B | B | XX | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXX | 2184504 | XXX | 37282247 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2026-06-29): Received final title policy. Exception cleared. |
06/29/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXX | 2184504 | XXX | 37282248 | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | File is missing legible signed and dated HUD-1/Settlement Statement. | Reviewer Comment (2026-05-28): Stamped true and certified copy of Final Closing Statement received and verified the details. Exception Cleared. Buyer Comment (2026-05-26): Please find attached |
05/28/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2184504 | XXX | 37282249 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Title commitment/loan payoff in the file indicates a [redacted] 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 (2026-06-29): Received final title policy. Exception cleared. Buyer Comment (2026-06-25): final title |
06/29/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2184475 | XXX | 37282253 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Borrower signed the Credit Application at closing, however, page [redacted] Declaration was not addressed. Please provide an updated credit application. | Reviewer Comment (2026-06-24): Received Credit Application with all pages. Exception Cleared. Buyer Comment (2026-06-22): Commercial app Reviewer Comment (2026-06-12): Provide corrected Credit App with page [redacted] completed. Buyer Comment (2026-06-10): commercial app Buyer Comment (2026-06-10): pg [redacted] was page [redacted] Reviewer Comment (2026-06-08): Missing page [redacted]. Buyer Comment (2026-06-04): Commercial app |
06/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2184501 | XXX | 37282262 | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | File is missing final HUD-1/Settlement Statement signed by all parties. | Reviewer Comment (2026-07-01): Received Signed Final Closing Statement updated values. Exception cleared. Buyer Comment (2026-06-29): Please see HUD attached. Thank you. |
07/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXX | 2184501 | XXX | 37282263 | Credit | Credit | Credit Eligibility | Guideline | Public Record Issue: | - | All liens to be paid prior to or at closing. | The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .[redacted]. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least [redacted]%. |
Debt Service Coverage Ratio: [redacted] Guideline Requirement: [redacted] Loan to Value: [redacted]% Guideline Maximum Loan to Value: [redacted]% |
Originator,SitusAMC Originator,SitusAMC |
Reviewer Comment (2026-06-25): Waived with compensating factors per lender exception approval. Buyer Comment (2026-06-23): Exception attached. Reviewer Comment (2026-06-17): Received disbursement statement; however, there is no evidence confirming the lien was paid in full prior to or at closing. Exception Remains. Buyer Comment (2026-06-15): Disbursement sheet form title co. service link. Thank you. Buyer Comment (2026-06-15): Please see attached. Thank you. |
06/25/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | XX | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||
| XXX | 2184489 | XXX | 37282268 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender Exception request approved for single entity exceeding maximum allowed of [redacted]%. Single entity holds [redacted]% of the total units in the project, over the maximum by [redacted]%. Compensating Factors: > [redacted] years Investor Experience DSCR > [redacted]% Budgeted reserves = [redacted]% |
Borrower has owned the subject property for at least [redacted] years. | Borrower has owned the subject property for at least [redacted] years. Occupancy: [redacted] |
Originator Pre-Close,SitusAMC | Reviewer Comment (2026-05-22): Waived with compensating factors per lender exception approval at origination. |
05/22/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | XX | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | N/A | No | |||||||||||
| XXX | 2184489 | XXX | 37282269 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender Exception request approved for property insurance. Coverage does not include equipment breakdown coverage. Compensating Factors: > [redacted] years Investor Experience DSCR > [redacted]% Budgeted reserves = [redacted]% |
Borrower has owned the subject property for at least [redacted] years. | Borrower has owned the subject property for at least [redacted] years. Occupancy: [redacted] |
Originator Pre-Close,SitusAMC | Reviewer Comment (2026-05-22): Waived with compensating factors per lender exception approval at origination. |
05/22/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | XX | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | N/A | No | |||||||||||
| XXX | 2184468 | XXX | 37282273 | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | Final HUD/Closing Disclosure was not provided in loan file. | Reviewer Comment (2026-06-02): Final closing statement received Buyer Comment (2026-05-29): final SS Buyer Comment (2026-05-29): Final CD |
06/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXX | 2184468 | XXX | 37282275 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Title search shows negative impact on title. | Title reflects [redacted] Federal Tax liens and [redacted] judgments. Verification these were all satisfied and will not impact final title is required. | The representative FICO score exceeds the guideline minimum by at least [redacted] points. | Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
SitusAMC | Reviewer Comment (2026-07-07): Waived with compensating factors per lender exception approval. Buyer Comment (2026-07-06): exception Reviewer Comment (2026-06-02): Document provided is seller affidavit. It does not confirm evidence of clear title. Buyer Comment (2026-05-29): title affidavit |
07/07/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | XX | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||
| XXX | 2184485 | XXX | 37282284 | Credit | Missing Document | General | Missing Document | Incomplete Document: [redacted] Final is incomplete | Provide a borrower signed [redacted]/Credit Application. | Reviewer Comment (2026-06-04): Signed credit application. Buyer Comment (2026-06-02): Final commercial app |
06/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2184479 | XXX | 37282295 | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | Missing executed Final HUD/Closing Disclosure in the Loan file. Estimates provided. | Reviewer Comment (2026-06-03): Final SS. Buyer Comment (2026-06-02): Please find attached |
06/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2184479 | XXX | 37282296 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: ___ | Reviewer Comment (2026-07-02): Final title. |
07/02/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2184479 | XXX | 37282297 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Title reflects [redacted] liens on the subject property. Per the seller's closing statement only [redacted] lien was paid. Provide verification both liens were paid and released. | Reviewer Comment (2026-07-02): Final title. Buyer Comment (2026-07-01): final title Reviewer Comment (2026-06-03): Nothing in file to support the second lien being paid. Buyer Comment (2026-06-01): Please find attached |
07/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2184488 | XXX | 37282303 | 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. | The Certificate of Non-Owner Occupied does not have a property address on it. | Reviewer Comment (2026-06-03): NOO Cert. Buyer Comment (2026-06-01): Non-Owner |
06/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2184488 | XXX | 37282304 | Credit | Credit | Credit Eligibility | Guideline | Public Record Issue: | - | Please provide evidence that the tax lien for $[redacted] to [redacted] State Commissioner of Taxation and Finance, and the judgment for $[redacted] to [redacted] Bank have been satisfied. | Reviewer Comment (2026-06-03): Final title. Buyer Comment (2026-06-01): Final Title policy |
06/03/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | XX | Investment | Purchase | D | A | D | A | A | A | N/A | No | |||||||||||||
| XXX | 2184488 | XXX | 37282305 | 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 as true and certified. The copy in the file was not signed by all parties. | Reviewer Comment (2026-06-03): Final SS. Buyer Comment (2026-06-03): Final SS |
06/03/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | XX | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2184478 | XXX | 37282309 | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | File is missing final signed and dated HUD-1/Settlement Statement signed by all parties. | Reviewer Comment (2026-06-18): Received final closing statement. Exception Cleared. Buyer Comment (2026-06-16): Please see HUD attached. Thank you. |
06/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2184500 | XXX | 37282313 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Property report is reporting delinquent taxes for the [redacted] residence. All taxes are required to be paid current. | Reviewer Comment (2026-06-01): A rent-free letter has been received from the spouse. As per the property history report, the property is free and clear, and ownership is in the name of the non-borrower spouse. Exception cleared. Buyer Comment (2026-05-28): bwr resides in property rent free |
06/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2184500 | XXX | 37282314 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided | Reviewer Comment (2026-06-01): COGS. Buyer Comment (2026-05-28): COGS |
06/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXX | 2184490 | XXX | 37282322 | Credit | Guideline | Guideline Issue | Guideline | The Guarantor's Percent of Business Ownership does not meet guideline requirements. | - % of Business Ownership: ___ | We do not have evidence of which Operating Agreement is accurate based on date and signature dates of documents. | Reviewer Comment (2026-06-01): Amended Operating Agreement and Corp Resolution. Buyer Comment (2026-05-28): Certs Buyer Comment (2026-05-28): OA |
06/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||
| XXX | 2184472 | XXX | 37282327 | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Estimated Provided | Reviewer Comment (2026-06-09): Final SS. Buyer Comment (2026-06-05): Please see final HUD-1 attached. Thank you. |
06/09/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | XX | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | N/A | No | ||||||||||||||
| XXX | 2184472 | XXX | 37282328 | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | Missing Verification of subject property | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Reserves: [redacted] Guideline Requirement: [redacted] Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
Originator,SitusAMC Originator,SitusAMC |
Reviewer Comment (2026-07-09): Waived with compensating factors per lender approved exception received in trailing documents. Buyer Comment (2026-07-08): Please see exception attached. |
07/09/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | XX | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | N/A | No | |||||||||||
| XXX | 2184499 | XXX | 37282337 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Borrower is living rent-free. Underwriter Discretion is missing from the file. | Reviewer Comment (2026-06-10): [redacted] comments. Buyer Comment (2026-06-06): [redacted] Transmittal w/UW Discretion |
06/10/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | XX | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2184503 | XXX | 37282341 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Appraisal is not in lender's name. File is missing appraisal invoice. | Reviewer Comment (2026-06-12): Invocie. Buyer Comment (2026-06-10): invoice |
06/12/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | XX | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2184503 | XXX | 37282342 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | File is missing [redacted] Exchange Agreement. | Reviewer Comment (2026-06-12): Exchange Agreement. Buyer Comment (2026-06-10): [redacted] exchange |
06/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2184469 | XXX | 37282347 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Hazard Insurance coverage is insufficient by $[redacted]. Kindly provide verification of policy with sufficient coverage or provide copy of insurer's replacement cost estimate supporting current coverage amount. | Reviewer Comment (2026-07-02): Received confirmation from title company to cover [redacted]% replacement. Exception cleared. Buyer Comment (2026-06-30): Please see attached pg #[redacted]. Thank you. Reviewer Comment (2026-06-09): The document is required to confirm [redacted]% replacement cost. Buyer Comment (2026-06-05): This is a [redacted] file. We have both the coverage checklist confirming the Replacement cost and an email confirmation from the agent confirming it was bound at the carrier's replacement cost Estimator. |
07/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2184481 | XXX | 37282351 | 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 amended copy in the file was not signed by all parties. | Reviewer Comment (2026-06-30): Received final closing statement signed and stamped. Exception cleared. Buyer Comment (2026-06-26): Please see amended HUD stamped certified true & correct. Thank you. Reviewer Comment (2026-06-18): Provided [redacted]. Both closing statements reflect the same disbursement date. However, as per approval, the loan purpose is Cash-out Refinance, whereas both closing statements are reflecting different amounts. Exception Remains. Buyer Comment (2026-06-16): The trailing document uploaded on [redacted] is signed by all parties Reviewer Comment (2026-06-09): Amended HUD is not signed by the borrower. Buyer Comment (2026-06-05): Please see attached Final SS Reviewer Comment (2026-06-03): The amended closing statement is required to be stamped and signed. Buyer Comment (2026-06-01): Please see attached Final SS |
06/30/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | XX | Investment | Refinance - Rate/Term | D | B | D | B | A | A | N/A | No | ||||||||||||||
| XXX | 2184481 | XXX | 37282352 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Rent-free letter was in the file; however, Underwriter Discretion and Loan-Level Price Adjustment are required and missing for the borrower living rent-free with an ex-spouse. | The representative FICO score exceeds the guideline minimum by at least [redacted] points. | Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
SitusAMC | Reviewer Comment (2026-06-09): Waived with compensating factors per lender exception approval. Buyer Comment (2026-06-05): Please see attached exception. Thank you. Buyer Comment (2026-06-05): Please see attached [redacted] with UW comments. Thank you. |
06/09/2026 | No | 2 | C | B | C | B | C | B | C | B | D | B | XX | Investment | Refinance - Rate/Term | D | B | D | B | A | A | N/A | No | |||||||||||
| XXX | 2184492 | XXX | 37282358 | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | Reviewer Comment (2026-06-04): Updated title commitment. Buyer Comment (2026-06-02): title |
06/04/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | XX | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | |||||||||||||||
| XXX | 2184492 | XXX | 37282359 | 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 (2026-06-04): Final SS. Buyer Comment (2026-06-02): Final SS |
06/04/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | XX | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2184515 | XXX | 37282366 | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | Final HUD-1 is missing from the file. | Reviewer Comment (2026-07-02): Received HUD-1 signed by all parties. Exception cleared. Buyer Comment (2026-06-30): Please see all pages of the HUD-1 attached. Thank you. Buyer Comment (2026-06-30): Please see attached Final HUD-1 |
07/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2184513 | XXX | 37282373 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Highest level secondary valuation supports the value. There is a lower level tertiary product that does not support the qualifying value. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-06-22): Received Field review withe effective date of [redacted]/[redacted] and value of $[redacted] which is matching with primary appraisal. Exception cleared. Buyer Comment (2026-06-18): Please see field review attached that's supports appraisal $[redacted] value. |
06/22/2026 | No | 1 | A | A | A | A | A | A | A | A | B | A | XX | Investment | Refinance - Cash-out - Other | B | A | A | A | B | A | N/A | No | ||||||||||||||
| XXX | 2184533 | XXX | 37282383 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided | Provide evidence of signing authority for the borrowing entity. Document is required to be signed by all entity owners. | Reviewer Comment (2026-06-12): Corp Resolution. Buyer Comment (2026-06-10): Corp resolution |
06/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2184523 | XXX | 37282387 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Title search shows negative impact on title. | All judgments must be paid in full at or prior to closing. | Reviewer Comment (2026-06-15): Borrower signed same name affidavit at closing. Buyer Comment (2026-06-11): PFA Title response Reviewer Comment (2026-06-09): Judgment is still reporting on the new title. Buyer Comment (2026-06-05): PFA Title confirmation |
06/15/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2184543 | XXX | 37282394 | 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 (2026-06-11): NOO Cert. Buyer Comment (2026-06-09): Non-Owner |
06/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXX | 2184541 | XXX | 37282416 | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | File is missing final signed and dated HUD-1/Settlement Statement. Closing agent signature is missing. | Reviewer Comment (2026-06-22): Received HUD-1 signed by all parties. Exception cleared. Buyer Comment (2026-06-18): Final HUD attached. Thank you. |
06/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2184519 | XXX | 37282436 | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Closing statement in file is not executed by settlement agent. | Reviewer Comment (2026-06-26): Final closing statement received in trailing documents. Buyer Comment (2026-06-26): See attached FSS Reviewer Comment (2026-06-24): Received unsigned copy of closing statement which is stamped as certified and final. Require final closing statement signed by all the required parties or stamped true & certified with title agent signature. Exception remains. Buyer Comment (2026-06-22): Final SS Reviewer Comment (2026-06-17): Provide the final closing statement fully executed by the all parties or stamped true and certified. Copy provided is not signed. Exception Remains. Buyer Comment (2026-06-15): Final SS |
06/26/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | XX | Investment | Refinance - Rate/Term | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2184525 | XXX | 37282440 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Provide updated rent free letter from the homeowner verifying the relationship between themself and the borrower. Additional conditions may apply. | Reviewer Comment (2026-07-06): Received evidence of the spouse mortgage. Exception Cleared. Buyer Comment (2026-07-01): mtg statement Reviewer Comment (2026-07-01): Rent-free letter has been received; however, evidence of the spouse's mortgage or current lease is required. Exception Remains. Buyer Comment (2026-06-29): rent free letter |
07/06/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | XX | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2184507 | XXX | 37282448 | 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 matrix, first time investors qualified under the foreign national product must have [redacted] months reserves. File is missing evidence borrower is an experienced investor or has the required [redacted] months' reserves. | The qualifying DSCR on the loan is greater than the guideline minimum. | The DSCR of [redacted] is greater than the minimum required DSCR of [redacted]. | SitusAMC,Originator | Reviewer Comment (2026-06-18): Waived with compensating factors per lender exception approval. Buyer Comment (2026-06-16): exception |
06/18/2026 | No | 2 | B | B | B | B | B | XX | Investment | Purchase | A | B | A | B | A | A | N/A | No | |||||||||||||||
| XXX | 2192279 | XXX | 37282453 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: [redacted] | Reviewer Comment (2026-06-09): UCDP. Buyer Comment (2026-06-05): see attached |
06/09/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | XX | Investment | Refinance - Cash-out - Other | D | A | C | A | D | A | N/A | No | |||||||||||||||
| XXX | 2192279 | XXX | 37282454 | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | - | Reviewer Comment (2026-06-12): Alerts summary. Buyer Comment (2026-06-10): See attached report Reviewer Comment (2026-06-09): Red Flags are not cleared on any of the Fraud Reports. Buyer Comment (2026-06-05): See attached |
06/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | D | A | C | A | D | A | N/A | No | ||||||||||||||
| XXX | 2184531 | XXX | 37282459 | 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 (2026-06-11): NOO Cert Buyer Comment (2026-06-09): please see |
06/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2184526 | XXX | 37282463 | Credit | Missing Document | General | Missing Document | Missing Document: [redacted] Rent Comparison Schedule not provided | [redacted] Rent Comparison Schedule missing in file. | Reviewer Comment (2026-06-15): STR analysis provided within the appraisal by appraiser. Buyer Comment (2026-06-11): Per guidelines, A [redacted] [redacted] or STR Rental Rate Analysis prepared by the appraiser may be used to determine market rents. [redacted] pg [redacted] is a short term rental analysis |
06/15/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2184521 | XXX | 37282482 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | A [redacted]-month primary housing payment history is missing in file. | Reviewer Comment (2026-06-25): Received Property History Report reflects as free and clear. Exception Cleared. Buyer Comment (2026-06-23): Please see property profile primary is free & clear & taxes current. Thank you. |
06/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2184529 | XXX | 37282489 | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete Note | Missing Document: Note - Subject Lien not provided | File contains [redacted] Notes. Please provide destroyed Note affidavit for Note dated [redacted]/[redacted]. | Reviewer Comment (2026-06-16): Destroyed Note affidavit. Buyer Comment (2026-06-12): destroyed affidavit |
06/16/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | XX | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2184529 | XXX | 37282491 | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided | File contains [redacted] Security Instruments. Please provide evidence the document dated [redacted]/[redacted] is the recorded Security Instrument. | Reviewer Comment (2026-06-16): Destroyed Deed of Trust. Buyer Comment (2026-06-12): see attached affidavit |
06/16/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | XX | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2184538 | XXX | 37282513 | 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 (2026-06-24): Received [redacted] form with underwriter discretion for borrower living rent free. Exception cleared. Buyer Comment (2026-06-22): Please see UW's [redacted] w/rent free verbiage attached. Thank you. Reviewer Comment (2026-06-22): Received Rent Free Letter. UW discretion is required for borrower living rent free. Exception Remains Buyer Comment (2026-06-18): Please see attached Rent Free Letter |
06/24/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | XX | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2184532 | XXX | 37282519 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2026-06-15): Final title. |
06/15/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXX | 2184532 | XXX | 37282520 | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within [redacted] or [redacted] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2026-06-15): Final title. Buyer Comment (2026-06-11): FTP |
06/15/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXX | 2184532 | XXX | 37282521 | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | Provide Final Closing Statement | Reviewer Comment (2026-06-15): Final SS. Buyer Comment (2026-06-11): Final SS |
06/15/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2184532 | XXX | 37282522 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Reviewer Comment (2026-06-24): Received deposit receipt and wire confirmation for additional deposit of $[redacted]. Exception cleared. Buyer Comment (2026-06-22): Wire Receipt Reviewer Comment (2026-06-15): Funds verified are insufficient. Need verification of the initial deposit of [redacted]. Reviewer Comment (2026-06-15): EXCEPTION HISTORY - Exception Explanation was updated on [redacted]/[redacted] PRIOR Exception Explanation: Documented qualifying Assets for Closing of $[redacted] is less than Cash From Borrower $[redacted]. Buyer Comment (2026-06-11): Please see trailing document - Final SS |
06/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXX | 2184532 | XXX | 37282523 | Credit | Business Purpose | General | Business Purpose | The signature on the application does not match the signature on the Non-Owner Occupied Certification. | Non-Owner Occupied Certification is not signed. | Reviewer Comment (2026-06-15): NOO Cert. Buyer Comment (2026-06-11): Certification of Non-Owner Occupancy |
06/15/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2184506 | XXX | 37282538 | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. | Note document address does not match the flood insurance document. The note document shows "[redacted]", and the flood insurance reflects "[redacted]". | Reviewer Comment (2026-06-18): Received Flood Certificate with corrected property address. Exception cleared. Buyer Comment (2026-06-16): flood |
06/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2184506 | XXX | 37282539 | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. | Note document address does not match the hazard insurance document. The note document shows "[redacted] Southeast [redacted]", and the hazard insurance reflects "[redacted]". | Reviewer Comment (2026-06-18): Received Hazard Insurance with corrected property address. Exception cleared. Buyer Comment (2026-06-16): HOI |
06/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2192280 | XXX | 37282547 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided | Fraud report was missing from the loan file. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted]. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-06-15): Waived with compensating factors per client direction that they are accepting post-dated complete fraud report. Buyer Comment (2026-06-15): Please waive the exception, we accept the EV2/B grade. Reviewer Comment (2026-06-12): Fraud report is dated post consummation. Buyer Comment (2026-06-10): Fraud Report, Alert Summary, Confirmation of Searches and [redacted] search results attached. |
06/15/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | XX | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||
| XXX | 2192280 | XXX | 37282548 | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided | OFAC report was missing from the loan file. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted]. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-06-15): Waived with compensating factors per client direction that they are accepting post-dated complete fraud report. Buyer Comment (2026-06-15): Please waive the exception, we accept the EV2/B grade. Reviewer Comment (2026-06-12): Fraud report is dated post consummation. Buyer Comment (2026-06-10): Fraud Report, Alert Summary, Confirmation of Searches and [redacted] search results attached. |
06/15/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | XX | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||
| XXX | 2192280 | XXX | 37282549 | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | - | Fraud report was missing from the loan file. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted]. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-06-15): Waived with compensating factors per client direction that they are accepting post-dated complete fraud report. Buyer Comment (2026-06-15): Please waive the exception, we accept the EV2/B grade. Reviewer Comment (2026-06-12): Fraud report is dated post consummation. Buyer Comment (2026-06-10): Fraud Report, Alert Summary, Confirmation of Searches and [redacted] search results attached. |
06/15/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | XX | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||
| XXX | 2192280 | XXX | 37282550 | Credit | Credit | Credit Documentation | Credit | OFAC was not checked and required per guidelines. | - | OFAC report is not provided. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted]. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-06-15): Waived with compensating factors per client direction that they are accepting post-dated complete fraud report. Buyer Comment (2026-06-15): Please waive the exception, we accept the EV2/B grade. Reviewer Comment (2026-06-12): Fraud report is dated post consummation. Buyer Comment (2026-06-10): Fraud Report, Alert Summary, Confirmation of Searches and [redacted] search results attached. |
06/15/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | XX | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||
| XXX | 2192280 | XXX | 37282551 | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within [redacted] or [redacted] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2026-06-12): Title supplement. Reviewer Comment (2026-06-12): Fraud report is dated post consummation. Buyer Comment (2026-06-10): Title Supplement reflecting accurate loan amount attached. |
06/12/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | XX | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXX | 2184517 | XXX | 37282554 | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | Reviewer Comment (2026-06-18): Received Title Commitment. Exception Cleared. Buyer Comment (2026-06-16): Please see attached Title Policy |
06/18/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | XX | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXX | 2184517 | XXX | 37282555 | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | Reviewer Comment (2026-06-22): Received lease agreement and [redacted] months pay history for [redacted] residence. Exception cleared. Buyer Comment (2026-06-18): VOR payments Buyer Comment (2026-06-18): lease |
06/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXX | 2184527 | XXX | 37282563 | Credit | Guideline | Guideline Issue | Guideline | Borrower is a first time home buyer and ineligible per guidelines. | - | Main borrower is a FTHB/FTI living rent free which is not permitted. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Reserves: [redacted] Guideline Requirement: [redacted] Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
SitusAMC SitusAMC |
Reviewer Comment (2026-06-22): Waived with compensating factors per lender exception approval. Buyer Comment (2026-06-18): exception |
06/22/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | XX | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||
| XXX | 2184518 | XXX | 37282567 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided | Certificate of Good Standing was not found in file. | Reviewer Comment (2026-06-22): Received Certificate of Good Standing. Exception cleared. Buyer Comment (2026-06-18): COGS |
06/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2192256 | XXX | 37282572 | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | Reviewer Comment (2026-06-25): Received Rent Free Letter and Proof of Mortgage Payment for Primary Adress. Exception cleared. Buyer Comment (2026-06-23): Please find attached rent-free letter, proof of mortgage payment for current address ([redacted]) and snip of credit report showing mortgage history for current address, borrower was living rent free till [redacted] and then moved to their owned current address ([redacted]). |
06/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXX | 2192269 | XXX | 37282575 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Missing lease agreement. | Reviewer Comment (2026-06-30): Received lease agreement along with payment receipt. Exception cleared. Buyer Comment (2026-06-26): Subject property includes [redacted] units, please find attached snip of purchase contract showing additional items included in sale. Reviewer Comment (2026-06-25): Lease Agreement received for Unit #[redacted] with Rent $[redacted] does not match Subject property address Unit #[redacted]. Exception Remains. Buyer Comment (2026-06-23): Please find attached lease documentation which makes rental income of $[redacted] + $[redacted] = $[redacted] and leads to DSCR to [redacted]. |
06/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2192274 | XXX | 37282580 | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided | Evidence of Access to Funds is missing in file for business account ending in [redacted]. | The representative FICO score exceeds the guideline minimum by at least [redacted] points. | Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
Originator,SitusAMC | Reviewer Comment (2026-07-16): Waived with compensating factors per lender approved exception received in trailing documents. Buyer Comment (2026-07-14): Please see attached. Thank you. Buyer Comment (2026-07-14): Please see attached. Reviewer Comment (2026-07-09): Provided evidence of access to funds letter does not have document date. Exception remains. Buyer Comment (2026-07-07): Please see joint access loe attached. |
07/16/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | XX | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||
| XXX | 2192274 | XXX | 37282581 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of ___ is less than Cash From Borrower ___. | File contains [redacted] gift letters, in the amounts of $[redacted] $[redacted] and $[redacted] along with bank statements from the donors; however, per guidelines, evidence the funds have been transferred to the borrower or the settlement agent is also required. File does not contain evidence the funds were transferred to the borrower or the settlement agent at or before closing. Provide evidence of receipt of all gift funds. | The representative FICO score exceeds the guideline minimum by at least [redacted] points. | Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
Originator,SitusAMC | Reviewer Comment (2026-07-16): Waived with compensating factors per lender approved exception received in trailing documents. Buyer Comment (2026-07-14): Please see exception attached. Reviewer Comment (2026-07-09): Received deposit receipts in the amount of $[redacted] $[redacted] and $[redacted]. Gift letter has amount of $[redacted] from [redacted]. Require deposit receipt of $[redacted]. Exception remains. Buyer Comment (2026-07-08): Please see wires attached. Thank you. |
07/16/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | XX | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||
| XXX | 2192274 | XXX | 37282582 | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | Per guidelines, an Electronic Pay History printout directly from mortgage servicer showing timely payments; and bank statements showing account ownership and timely payments debited by Mortgage Servicer is accepted as VOM. File contains an electronic pay history for the [redacted] residence; however, file does not contain the required bank statements showing account ownership and timely payments as required. | Reviewer Comment (2026-07-16): Received Bank statement reflect mortgage history. Exception Cleared. Buyer Comment (2026-07-14): Please see mtg history attached. Thank you. |
07/16/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXX | 2192253 | XXX | 37282586 | Credit | Insurance | Insurance Documentation | Insurance | Insurance Policy Expiration Date is less than [redacted] days of the Note Date and does not have automatic renewal. | Hazard Insurance Policy will expire within [redacted] days of Note date. New Hazard insurance policy is requried. | Borrower has owned the subject property for at least [redacted] years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-07-10): Waived with compensating factors per lender direction. Buyer Comment (2026-07-08): Please waive to an EV2. Thank you. |
07/10/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | XX | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | N/A | No | ||||||||||||
| XXX | 2192253 | XXX | 37282587 | 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 (2026-07-10): Received final HUD-1. Exception cleared. Buyer Comment (2026-07-09): Please see HUD attached. Thank you. |
07/10/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | XX | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | N/A | No | ||||||||||||||
| XXX | 2192263 | XXX | 37282592 | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | Missing final HUD/Closing Disclosure in the loan file. | Reviewer Comment (2026-07-01): Received final closing statement. Exception cleared. Buyer Comment (2026-06-29): Please see attached |
07/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2192271 | XXX | 37282597 | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | Final closing statement is not signed or certified. | Reviewer Comment (2026-06-26): Final closing statement received Buyer Comment (2026-06-24): Please see attached |
06/26/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2192259 | XXX | 37282610 | Credit | Guideline | Guideline Issue | Guideline | Short Term Rental property consistently used as a seasonal or vacation rental (i.e., XXX) and evidence of at least [redacted] months of Operating History is not present in the loan file. | Operating history is not provided. | Reviewer Comment (2026-07-02): No new document received. Per guide, page [redacted] comparable rental schedule was utilized to calculate short term rental. Exception cleared. Buyer Comment (2026-06-30): [redacted] [redacted] STR $[redacted]*[redacted]%=$[redacted] rental income used to qualify. |
07/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2192260 | XXX | 37282619 | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | File is missing final signed and dated HUD-1/Settlement Statement. Settlement agent's signature is missing. | Reviewer Comment (2026-06-30): Received final HUD-1. Exception cleared. Buyer Comment (2026-06-26): PFA as requested |
06/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2192260 | XXX | 37282620 | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | File is currently living rent free with spouse. File is missing evidence the mortgage is in the spouse's name only. | Reviewer Comment (2026-07-08): Received mortgage statement with only spouse's name. Exception cleared. Buyer Comment (2026-07-06): mtg statement Reviewer Comment (2026-07-02): Received [redacted] does not reflect [redacted] residence address. Exception remains Buyer Comment (2026-06-30): mtg statement Buyer Comment (2026-06-30): property profile |
07/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2192266 | XXX | 37282626 | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | Missing verification of borrower's current mortgage payment for the [redacted] residence. | Reviewer Comment (2026-07-02): Received property profile for [redacted] with no lien active, taxes are paid current and articles of incorporation for [redacted] Exception cleared. Buyer Comment (2026-06-30): Taxes paid Buyer Comment (2026-06-30): Property profile Buyer Comment (2026-06-30): [redacted] |
07/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2192266 | XXX | 37282627 | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Estimated provided | Reviewer Comment (2026-07-02): Received final signed & dated closing statement. Exception cleared. Buyer Comment (2026-06-30): Final SS |
07/02/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | XX | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2192276 | XXX | 37282642 | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided | Missing OFAC for business entity. | Reviewer Comment (2026-07-01): OFAC received for the entity as required. Exception cleared. Buyer Comment (2026-06-29): Please see attached |
07/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2192258 | XXX | 37282671 | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | For the [redacted] residence, provide either a [redacted] month pay history or a property report verifying it is owned free and clear with taxes paid current. | Reviewer Comment (2026-07-02): Received Property history report. Exception Cleared. Buyer Comment (2026-06-30): Please find attached property report verifying it is free and clear with current taxes paid. |
07/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2192278 | XXX | 37282674 | Credit | Credit | Credit Documentation | Guideline | Missing Document: Asset not provided | Require signed & dated HUD-1 for other property cash out transaction as the available one is not signed. | Reviewer Comment (2026-07-13): Received signed closing statement. Exception Cleared. Buyer Comment (2026-07-09): Please see HUD-1 from c/o refi on exit property fully executed. Thank you. |
07/13/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2192278 | XXX | 37282676 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Borrower is short cash to close. Unable to verify funds from sale of the [redacted] property, due to unsigned Closing Statement and missing deposit. | Reviewer Comment (2026-07-17): Received Closing statement with email. Exception Cleared. Buyer Comment (2026-07-15): Please see attached email Reviewer Comment (2026-07-13): Received a signed Closing Statement. Provide verification that the net proceeds from the sale are either being held by the escrow/title company or have been deposited into the borrower's account. Exception remains. Buyer Comment (2026-07-09): HUD-1 from c/o refi of exit property. Thank you. Buyer Comment (2026-07-09): Please see attached. |
07/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2192277 | XXX | 37282680 | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | Missing [redacted] months verification of borrower [redacted] residence. | Reviewer Comment (2026-07-07): Received Property history report with tax paid document. Exception Cleared. Buyer Comment (2026-07-02): [redacted] taxes paid Buyer Comment (2026-07-02): [redacted] Property profile |
07/07/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXX | 2192254 | XXX | 37282686 | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | Missing complete final closing statement, provided statement is incomplete. | Reviewer Comment (2026-07-10): Received Final closing statement. Exception cleared. Buyer Comment (2026-07-09): Please see HUD attached. Thank you. |
07/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2192254 | XXX | 37282687 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Borrower is living rent-free with other than spouse which is not permitted per guidelines. No other housing histor was found in file. | Reviewer Comment (2026-07-16): Received UW discretion for borrower living rent free. Exception cleared. Buyer Comment (2026-07-14): Please see attached. Reviewer Comment (2026-07-10): Required Underwriter discretion for living rent free other than spouse. Exception remains. Buyer Comment (2026-07-08): Rent free other than spouse permitted see guideline attached. |
07/16/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | XX | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXX | 2192267 | XXX | 37282695 | Credit | Documents | Missing Document | Documents | File does not contain documentation from lender/seller confirming the condo/co-op is warrantable. | - | HOA Questionnaire Document was not found in the loan file. | Reviewer Comment (2026-07-09): HOA Questionnaire is not required for [redacted][redacted] unit projects. Exception Cleared. Buyer Comment (2026-07-07): Per guidelines, Project Review is not required for [redacted][redacted] unit projects. |
07/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||
| XXX | 2184480 | XXX | 37282732 | Compliance | Compliance | Federal Compliance | ATR/QM | [redacted] 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. | Buyer Comment (2026-05-28): We accept a EV[redacted] grade. Please waive to grade B. Buyer Comment (2026-05-27): Please waive. |
05/28/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | XX | Primary | Purchase | A | A | A | A | A | A | A | A | Non QM | Exempt from ATR | No | |||||||||||
| XXX | 2184535 | XXX | 37282734 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Missing UW discretion for co-applicant living with someone other than spouse. | The representative FICO score exceeds the guideline minimum by at least [redacted] points. | Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
SitusAMC | Reviewer Comment (2026-07-02): Waived with compensating factors at client request. Buyer Comment (2026-07-02): Please waive. Reviewer Comment (2026-07-01): LOE provided is from the borrower while we require LOE from the person with whom co-borrower was living rent free and the time frame. Exception remains. Buyer Comment (2026-06-29): Please see processors cert attached. Thank you. Reviewer Comment (2026-06-22): UW discretion received also required a detailed letter of explanation from the person the borrower is living with confirming their relationship and that they are living rent free and the time frame. Buyer Comment (2026-06-18): Please see [redacted] w/UW's rent-free commentary. Thank you. |
07/02/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | XX | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | Non QM | Exempt from ATR | No | ||||||||
| XXX | 2184535 | XXX | 37282736 | Compliance | Compliance | Federal Compliance | ATR/QM | [redacted] 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 (2026-06-04): [redacted] Lender testing ATR. |
06/04/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | XX | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | Non QM | Exempt from ATR | No | |||||||||||
| XXX | 2179942 | XXX | 37285522 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender allowed for less than [redacted] years self-employment income, short [redacted] years by [redacted] months. | Borrower has been employed in the same industry for more than [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-05-06): Lender exception approval in file |
05/06/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | XX | Primary | Purchase | B | B | B | B | A | A | A | A | Non QM | Non QM | No | |||||||||
| XXX | 2191914 | XXX | 37299144 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided) | Truth in Lending Act (HOEPA): HOEPA disclosure was not provided to the Borrower | HOEPA allowable thresholds are exceeded by $[redacted] or [redacted]%. HOEPA required disclosures are marked missing, causing HOEPA exceptions. Missing undiscounted interest rate document in file. | Reviewer Comment (2026-06-30): Cure documentation received. Reviewer Comment (2026-06-30): Exception escalated for review. Buyer Comment (2026-06-30): Both check's showing cashed, please clear all remaining conditions Reviewer Comment (2026-06-29): Exception was escalated. Response: The LOE still doesn't provide the necessary info to the borrower, however. It says "after a post-closing audit, it was found that the undiscounted interest rate was missing". The LOE needs to mention high cost violation to borrower, which it does not. And there is still an issue with the borrower choice letter with the wrong option #[redacted] that was given, as the [redacted] option given should read "keep loan as high-cost and make loan a compliant high cost loan". Buyer Comment (2026-06-26): see attached cure ck Reviewer Comment (2026-06-25): Received post closing CD. Once remaining tolerance cure is completed, please provide documentation. Once received, loan will be escalated for review and to determine compliance. Buyer Comment (2026-06-23): see attached -uploaded .[redacted]0c ck soon Reviewer Comment (2026-06-18): File was escalated. Will respond once response is received. Buyer Comment (2026-06-18): see attached ck Reviewer Comment (2026-06-18): Received signed letter from borrower indicating their choice to accept refund and make loan non-high-cost and a proof of mailing however a copy of refund check if was not provided. Buyer Comment (2026-06-16): see attached Buyer Comment (2026-06-16): see attached - will upload copy of ck shortly Reviewer Comment (2026-05-13): As per provided loan detail report, loan is failing high cost test due to points and fees exceeding [redacted]% of the total loan amount. Exception remains. Buyer Comment (2026-05-11): see attached Reviewer Comment (2026-05-11): Received updated rate lock and undiscounted rate and price information is missing, provide compliance report/Discount point fee discount disclosure. Exception remains Buyer Comment (2026-05-07): see attached |
06/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Primary | Refinance - Cash-out - Other | C | B | A | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXX | 2191914 | XXX | 37299145 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees) | Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees. | HOEPA allowable thresholds are exceeded by $[redacted] or [redacted]%. HOEPA required disclosures are marked missing, causing HOEPA exceptions. Missing undiscounted interest rate document in file. | Reviewer Comment (2026-06-30): Cure documentation received. Reviewer Comment (2026-06-30): Exception escalated for review. Buyer Comment (2026-06-30): , if the refund check is cashed, it can be accepted as their decision to receiving the refund option over the other option - So the question to [redacted] is, do we have evidence that the refund check for $[redacted] was actually cashed by the borrower? checks uploaded for review Reviewer Comment (2026-06-29): Exception was escalated. Response: The LOE still doesn't provide the necessary info to the borrower, however. It says "after a post-closing audit, it was found that the undiscounted interest rate was missing". The LOE needs to mention high cost violation to borrower, which it does not. And there is still an issue with the borrower choice letter with the wrong option #[redacted] that was given, as the [redacted] option given should read "keep loan as high-cost and make loan a compliant high cost loan". Buyer Comment (2026-06-26): cure ck Reviewer Comment (2026-06-25): Received post closing CD. Once remaining tolerance cure is completed, please provide documentation. Once received, loan will be escalated for review and to determine compliance. Buyer Comment (2026-06-23): see attached ck to follow Reviewer Comment (2026-06-19): Citing was escalated. Response: This was the response I received. [redacted]. The Letter to the borrower on page [redacted] has an illegible font, so we are unable to verify whether it included the required HOEPA cure language. [redacted]. The choice/option page signed by the borrower did not provide the correct options for the borrower per [redacted](h). [redacted]. The refund amount is incorrect (refund should be $[redacted], not $[redacted]). [redacted]. Proof of mailing is missing (package has not been picked up). Buyer Comment (2026-06-18): see attached ck Reviewer Comment (2026-06-18): Received signed letter from borrower indicating their choice to accept refund and make loan non-high-cost and a proof of mailing however a copy of refund check if was not provided. Buyer Comment (2026-06-16): see attached Buyer Comment (2026-06-16): will upload ck shortly Reviewer Comment (2026-05-13): As per provided loan detail report, loan is failing high cost test due to points and fees exceeding [redacted]% of the total loan amount. Exception remains. Buyer Comment (2026-05-11): see attached lock |
06/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Primary | Refinance - Cash-out - Other | C | B | A | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXX | 2191914 | XXX | 37299146 | Compliance | Compliance | Federal Compliance | Federal Defect | (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees) | Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of [redacted]% is in excess of the allowable maximum of [redacted]% of the Federal Total Loan Amount. Points and Fees of $[redacted] on a Federal Total Loan Amount of $[redacted] vs. an allowable total of $[redacted] (an overage of $[redacted] or .[redacted]%). Non-Compliant High Cost Loan. | HOEPA allowable thresholds are exceeded by $[redacted] or [redacted]%. HOEPA required disclosures are marked missing, causing HOEPA exceptions. Missing undiscounted interest rate document in file. | Reviewer Comment (2026-06-30): Cure documentation received. Reviewer Comment (2026-06-30): Exception escalated for review. Buyer Comment (2026-06-30): , if the refund check is cashed, it can be accepted as their decision to receiving the refund option over the other option - So the question to [redacted] is, do we have evidence that the refund check for $[redacted] was actually cashed by the borrower? checks uploaded for review Reviewer Comment (2026-06-29): Exception was escalated. Response: The LOE still doesn't provide the necessary info to the borrower, however. It says "after a post-closing audit, it was found that the undiscounted interest rate was missing". The LOE needs to mention high cost violation to borrower, which it does not. And there is still an issue with the borrower choice letter with the wrong option #[redacted] that was given, as the [redacted] option given should read "keep loan as high-cost and make loan a compliant high cost loan". Buyer Comment (2026-06-26): cure ck Reviewer Comment (2026-06-25): Received post closing CD. Once remaining tolerance cure is completed, please provide documentation. Once received, loan will be escalated for review and to determine compliance. Buyer Comment (2026-06-23): see attached Reviewer Comment (2026-06-19): This was the response I received. [redacted]. The Letter to the borrower on page [redacted] has an illegible font, so we are unable to verify whether it included the required HOEPA cure language. [redacted]. The choice/option page signed by the borrower did not provide the correct options for the borrower per [redacted](h). [redacted]. The refund amount is incorrect (refund should be $[redacted], not $[redacted]). [redacted]. Proof of mailing is missing (package has not been picked up). Buyer Comment (2026-06-18): see attached ck Reviewer Comment (2026-06-18): Received signed letter from borrower indicating their choice to accept refund and make loan non-high-cost and a proof of mailing however a copy of refund check if was not provided. Buyer Comment (2026-06-16): see attached Buyer Comment (2026-06-16): will upload copy of ck shortly Reviewer Comment (2026-05-13): As per provided loan detail report, loan is failing high cost test due to points and fees exceeding [redacted]% of the total loan amount. Exception remains. Buyer Comment (2026-05-11): see attached |
06/30/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | XX | Primary | Refinance - Cash-out - Other | (1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXX | 2191914 | XXX | 37299147 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement) | Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling. | HOEPA allowable thresholds are exceeded by $[redacted] or [redacted]%. HOEPA required disclosures are marked missing, causing HOEPA exceptions. Missing undiscounted interest rate document in file. | Reviewer Comment (2026-06-30): Cure documentation received. Reviewer Comment (2026-06-30): Exception escalated for review. Buyer Comment (2026-06-30): , if the refund check is cashed, it can be accepted as their decision to receiving the refund option over the other option - So the question to [redacted] is, do we have evidence that the refund check for $[redacted] was actually cashed by the borrower? checks uploaded for review Reviewer Comment (2026-06-29): Exception was escalated. Response: The LOE still doesn't provide the necessary info to the borrower, however. It says "after a post-closing audit, it was found that the undiscounted interest rate was missing". The LOE needs to mention high cost violation to borrower, which it does not. And there is still an issue with the borrower choice letter with the wrong option #[redacted] that was given, as the [redacted] option given should read "keep loan as high-cost and make loan a compliant high cost loan". Buyer Comment (2026-06-26): cure ck Reviewer Comment (2026-06-25): Received post closing CD. Once remaining tolerance cure is completed, please provide documentation. Once received, loan will be escalated for review and to determine compliance. Buyer Comment (2026-06-23): ck to follow Reviewer Comment (2026-06-19): This was the response I received. [redacted]. The Letter to the borrower on page [redacted] has an illegible font, so we are unable to verify whether it included the required HOEPA cure language. [redacted]. The choice/option page signed by the borrower did not provide the correct options for the borrower per [redacted](h). [redacted]. The refund amount is incorrect (refund should be $[redacted], not $[redacted]). [redacted]. Proof of mailing is missing (package has not been picked up). Buyer Comment (2026-06-18): see attached ck Reviewer Comment (2026-06-18): Received signed letter from borrower indicating their choice to accept refund and make loan non-high-cost and a proof of mailing however a copy of refund check if was not provided. Buyer Comment (2026-06-16): see attached Buyer Comment (2026-06-16): will upload copy of ck shortly Reviewer Comment (2026-05-20): Exception was escalated: Response: [redacted], Under the cure provision for [redacted] HOEPA, the lender must, at the choice of the borrower, (i) make the high-cost loan satisfy the requirements (i.e., cure prohibited practice violation such that the loan is a compliant high-cost loan); or (ii) change the terms of the loan in a manner beneficial to the borrower so the loan is no longer considered high-cost (i.e., refund of overage). In order to cure the HOEPA exceptions, the lender must, within [redacted] days of discovery: ([redacted]) obtain a signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; ([redacted]) Assuming option (a) is selected, provide a copy of refund check and proof of mailing; ([redacted]) Assuming option (b) is selected, provide proof of cure for each of the prohibited practices violations noted. The cure cannot be made unilaterally by the lender where the borrower has no choice in the matter. While it is acknowledged most borrowers will be accepting the refund option, in order for the cure to be effective, we must have evidence that it is the choice of the borrower to receive this refund. Reviewer Comment (2026-05-20): Loan amount is $[redacted]; however, for HOEPA calculation, the system correctly considers the total loan amount of $[redacted] (calculated as amount financed after deducting applicable prepaid finance charges), resulting in points and fees of $[redacted] exceeding the [redacted]% threshold of $[redacted] by $[redacted], thereby classifying the loan as a HOEPA high-cost mortgage, and due to missing pre-loan counseling documentation, HOEPA is failing. Exception Remains. Buyer Comment (2026-05-15): Please advise if this is curable and if so, what remedy is needed to cure. Reviewer Comment (2026-05-14): As per provided loan detail report, loan is failing high cost test due to points and fees exceeding [redacted]% of the total loan amount. Exception remains. Buyer Comment (2026-05-12): see attached Reviewer Comment (2026-05-11): Received updated rate lock and undiscounted rate and price information is missing, provide compliance report/Discount point fee discount disclosure. Exception remains Buyer Comment (2026-05-07): see attached |
06/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Primary | Refinance - Cash-out - Other | C | B | A | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXX | 2191914 | XXX | 37299151 | 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 $[redacted] exceeds tolerance of $[redacted] plus [redacted]% or $[redacted]. $[redacted] over legal limit. Insufficient or no cure was provided to the borrower. | Insufficient or no cure provided at closing. Valid COC was not provided for change in fee. | Reviewer Comment (2026-05-08): [redacted] received PCCD, LOE, proof of mailing & copy of refund check. Buyer Comment (2026-05-07): see attached [redacted] delivered [redacted].[redacted] Reviewer Comment (2026-04-30): [redacted] received Post CD,LOX,Copy of refund check and proof of mailing. [redacted] tracking indicates label has been created, but package has not been shipped. Proof of mailing required to cure. Buyer Comment (2026-04-29): see attached cure docs |
05/08/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | XX | 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 | |||||||||
| XXX | 2191914 | XXX | 37299152 | 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 $[redacted] exceeds tolerance of $[redacted]. $[redacted] over legal limit. Insufficient or no cure was provided to the borrower. | Insufficient or no cure provided at closing. Valid COC was not provided for change in fee. | Reviewer Comment (2026-05-08): [redacted] received PCCD, LOE, proof of mailing & copy of refund check. Buyer Comment (2026-05-07): see attached - package delivered [redacted].[redacted] Reviewer Comment (2026-04-30): [redacted] received Post CD,LOX,Copy of refund check and proof of mailing. [redacted] tracking indicates label has been created, but package has not been shipped. Proof of mailing required to cure. Buyer Comment (2026-04-29): see attached cure docs |
05/08/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | XX | 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 | |||||||||
| XXX | 2191914 | XXX | 37299153 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on [redacted]/[redacted] prior to ([redacted]) business days from transaction date of [redacted]/[redacted]. | Subject loan transaction disbursed on [redacted]/[redacted] prior to ([redacted]) business days from transaction date of [redacted]/[redacted]. It appears the final CD may be missing. | Reviewer Comment (2026-04-30): Received Post Closing Disclosure. Exception Cleared. Buyer Comment (2026-04-28): No CD- [redacted] XXXX - Final HUD supports disbursed [redacted].[redacted] |
04/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | XX | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXX | 2168029 | XXX | 37299197 | 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 $[redacted] exceeds tolerance of $[redacted] plus [redacted]% or $[redacted]. Sufficient or excess cure was provided to the borrower at Closing. | Sufficient or excess cure provided at Closing. | Reviewer Comment (2026-05-19): Sufficient Cure Provided At Closing |
05/19/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | XX | Primary | Purchase | Final CD evidences Cure | A | A | A | A | A | A | A | A | Non QM | Non QM | Yes |