Exhibit 99.05 - Schedule 2
| Conditions Report 2.0 | |||
| Loans in Report: | 29 | ||
| Loans with Conditions: | 22 | ||
| Loan Number | Original Principal Balance | State | Initial Lender ATR/QM Status | Loan Level ATR/QM Status | Initial Securitization Overall Loan Grade | Final Securitization Overall Loan Grade | Initial Securitization Credit Loan Grade | Final Securitization Credit Loan Grade | Initial Securitization Property Valuations Loan Grade | Final Securitization Property Valuations Loan Grade | Initial Securitization Compliance Loan Grade | Final Securitization Compliance Loan Grade | Initial S&P Overall Loan Grade | Final S&P Overall Loan Grade | Initial S&P Credit Loan Grade | Final S&P Credit Loan Grade | Initial S&P Property Valuations Loan Grade | Final S&P Property Valuations Loan Grade | Initial S&P Compliance Loan Grade | Final S&P Compliance Loan Grade | Condition Category | Condition Sub Category | Condition Status | Initial Securitization Condition Grade | Final Securitization Condition Grade | Initial S&P Condition Grade | Final S&P Condition Grade | Condition Code | Condition Description | Condition Material Indicator | Initial Comments | Client/Seller Response Comments | Conclusion Comments | TRID Error Type | Cure Method | Compensating Factors |
| 2186735 | XXXXXX | MD | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | C | B | A | A | A | A | C | B | C | B | A | A | A | A | Credit | Credit/Mtg History | Active | B | B | B | B | XXXX | Length of mortgage/rental history in file does not meet guideline requirement | No | Missing documentation for September payments for XXX XXX #XXX and #XXX. Billing statements all support mortgages are past due and next payment due is 10/1 as does the Credit Supplement. Credit supplement does not specify if any past due | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 683 exceeds the minimum of 680 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Cash Reserves $88010.11, 34.77 months reserves, 6 months required CFCFS2854: Significant time in profession - Clayton Comments: 18 yrs at XXX per XXX |
| 2186735 | XXXXXX | MD | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | C | B | A | A | A | A | C | B | C | B | A | A | A | A | Credit | LTV/CLTV | Active | C | B | C | B | XXXX | LTV Exceeds Guideline Requirement by at least 5%, but less than 10% | No | Chapter 7 Bankruptcy discharged XXXX, less than 2 years from transaction date of XXXX. Per guidelines, max LTV is 80% for Bankruptcies less than 2 years old. Loan closed at 85% LTV. Grade = 2/B. Allowing 85% LTV with a bankruptcy less than 2 years old. 34 monthsreserves and strong work history. DTI 34.72% | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 683 exceeds the minimum of 680 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Cash Reserves $88010.11, 34.77 months reserves, 6 months required CFCFS2854: Significant time in profession - Clayton Comments: 18 yrs at XXX per XXX |
| 2186735 | XXXXXX | MD | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | C | B | A | A | A | A | C | B | C | B | A | A | A | A | Credit | Terms/Guidelines | Active | C | B | C | B | XXXX | Loan documents do not meet guideline requirements | No | HUD settlement and sales contract supports seller credit of $15000. Amount exceeds 3% max based on an 85% LTV. Clayton deems this non-material. Compensating factors: 34 months in reserves, FICO 683. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 683 exceeds the minimum of 680 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Cash Reserves $88010.11, 34.77 months reserves, 6 months required CFCFS2854: Significant time in profession - Clayton Comments: 18 yrs at XXX per XXX |
| 2192297 | XXXXXX | MT | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | XXXX | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of 731 exceeds guidelines with a minimum credit score of 720. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has significant time in Profession with 8 years. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: Consumer credit history exceeds guidelines with no late payments for the last 10 years or more. | ||||||||||||||
| 2192306 | XXXXXX | IL | QM: Safe Harbor (APOR) | Non-QM: Lender documented all ATR UW factors | C | B | B | B | A | A | C | B | C | B | B | B | A | A | C | B | Compliance | Ability to Repay/Qualified Mortgage | Satisfied | C | A | C | A | XXXX | TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; Clayton's status determination places loan in a riskier status than the Lender's status determination. | No | File was delivered as QM: Safe Harbor APOR status. Claytons status is Non-QM due to fees exceeding 3%. | 6.17.26 Client response; We accept the determination on this and please clear the exception.6.17.26 Clayton memo; exception satisfied; However, a level 2 exception will remain on file as Lender changed their status determination based upon Claytons review. | 6.17.26 Clayton memo; exception satisfied | (No Data) | Not Applicable | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 82 months of 0 x 30 exceeds guideline requirement of 12. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative score of 660 exceeds guideline requirement of 600. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 53.73 is below guideline requirement max of 55. |
| 2192306 | XXXXXX | IL | QM: Safe Harbor (APOR) | Non-QM: Lender documented all ATR UW factors | C | B | B | B | A | A | C | B | C | B | B | B | A | A | C | B | Compliance | RESPA | Active | B | B | B | B | XXXX | RESPA - List of homeowners counseling organizations not in file | No | RESPA - List of homeowners counseling organizations is missing in the file. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 82 months of 0 x 30 exceeds guideline requirement of 12. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative score of 660 exceeds guideline requirement of 600. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 53.73 is below guideline requirement max of 55. |
| 2192306 | XXXXXX | IL | QM: Safe Harbor (APOR) | Non-QM: Lender documented all ATR UW factors | C | B | B | B | A | A | C | B | C | B | B | B | A | A | C | B | Credit | Ability to Repay/Qualified Mortgage | Active | B | B | B | B | XXXX | TILA - ATR/QM: Lender changed their status determination based upon Clayton's review | No | Client agreed to Non-QM status based upon Clayton review. | (No Data) | (No Data) | Not Applicable | Not Applicable | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 82 months of 0 x 30 exceeds guideline requirement of 12. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative score of 660 exceeds guideline requirement of 600. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 53.73 is below guideline requirement max of 55. |
| 2186740 | XXXXXX | MI | (No Data) | ATR/QM: Exempt | D | A | C | A | D | A | N/A | N/A | D | A | C | A | D | A | N/A | N/A | Credit | Income/Employment | Satisfied | C | A | C | A | XXXX | Income Amount is Unsupported by Documentation in File | No | Provide Operating Agreement for XXX. | 6.5.26 please find the op agreement 6.9.26 exception satisfied | 6.9.26 exception satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post close reserves are $73,851.40, or 20.12 months. 6 months required. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of 772 exceeds guideline minimum of 640 for a DSCR with a ratio < 1.0. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 70% is below guideline maximum for a DSCR STR cash out refinance with a 772 credit score. |
| 2186740 | XXXXXX | MI | (No Data) | ATR/QM: Exempt | D | A | C | A | D | A | N/A | N/A | D | A | C | A | D | A | N/A | N/A | Property Valuations | Appraisal | Satisfied | D | A | D | A | XXXX | Missing updated valuation | No | Missing updated valuation to support original appraised value of $XXX | 6.5.26 dvr within 10% at 9.7% of value please clear.6.5.26 exception satisfied | 6.5.26 exception satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post close reserves are $73,851.40, or 20.12 months. 6 months required. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of 772 exceeds guideline minimum of 640 for a DSCR with a ratio < 1.0. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 70% is below guideline maximum for a DSCR STR cash out refinance with a 772 credit score. |
| 2186729 | XXXXXX | AZ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | XXXX | CFCFS1734: Borrower has significant time at current job - Clayton Comments: The borrower has been XXX for 5 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Reserves required $10,821.70 X 6 = $64,930.20. Post close reserves $247,224.59 or 22.84 months PITI CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is 37.42%, max allowed by G/L is 50% | ||||||||||||||
| 2186730 | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | XXXX | TRID - CD: Loan consummated before end of waiting period | No | Please provide evidence that borrower acknowledged receipt of CD issued 05/08/2026 3 days prior to consummation date of XXX. | 6.2.26-Client provided e-sign process Summary for XXXX reflecting log-in on 5/8/26 providing access to documents sent (received). Satisfied | 6.2.26-Satisfied | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 715 qualifying credit score; 680 is minimum required per guidelines. CFCFS1734: Borrower has significant time at current job - Clayton Comments: 7.4 years employed with XXX. CFCFS2854: Significant time in profession - Clayton Comments: B1 has 15 years in the XXX. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 27.91 months of reserves in file; 6 months minimum required per guidelines. |
| 2186730 | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | B | C | B | XXXX | TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation | No | Zero Tolerance Fee of $6860 due to Rate lock extension increased from LE to CD. Missing a valid Change of Circumstance, or Post Close CD, LOX and copy of refund check to borrower. | 6.2.26-Client COCs, one for lock ext. Other due to pricing change. Satisfied. | 6.2.26-Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 715 qualifying credit score; 680 is minimum required per guidelines. CFCFS1734: Borrower has significant time at current job - Clayton Comments: 7.4 years employed with XXX. CFCFS2854: Significant time in profession - Clayton Comments: B1 has 15 years in the XXX. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 27.91 months of reserves in file; 6 months minimum required per guidelines. |
| 2192315 | XXXXXX | HI | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | N/A | N/A | D | A | D | A | A | A | N/A | N/A | Credit | Income/Employment | Satisfied | C | A | C | A | XXXX | Income Amount is Unsupported by Documentation in File | No | Provide Security Deposit for the Lease on the property. | 6.8.26 please find the deposits 7.5k6.12.26 exception satisfied | 6.12.26 exception satisfied | (No Data) | Not Applicable | CFCFS2860: Good credit history - Clayton Comments: Borrower has 0x30 for 82 months. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing assets $43695.85 > min required of $21788.97 CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 744 mid score > min required of 620 |
| 2192315 | XXXXXX | HI | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | N/A | N/A | D | A | D | A | A | A | N/A | N/A | Credit | Legal Documents | Satisfied | D | A | D | A | XXXX | Estimated HUD-1 in File, Missing Final HUD-1 | No | Missing Final HUD-1, please provide fully executed final HUD-1 | 6.12.26 FSS provided. Please clear.6.12.26 satisfied | 6.12.26 satisfied | (No Data) | Not Applicable | CFCFS2860: Good credit history - Clayton Comments: Borrower has 0x30 for 82 months. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing assets $43695.85 > min required of $21788.97 CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 744 mid score > min required of 620 |
| 2186741 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | N/A | N/A | D | A | D | A | A | A | N/A | N/A | Credit | Legal Documents | Satisfied | D | A | D | A | XXXX | Estimated HUD-1 in File, Missing Final HUD-1 | No | Please provide Final HUD-1. | 5.19.26 FSS provided. Please clear.5.20.26 exception satisfied | 5.20.26 exception satisfied | (No Data) | Not Applicable | CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: 422 months credit history exceeds guidelines. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Assets: $122,684.81 post-closing reserves, 24.22 Months PITIA CFCFS1736: Significant time at current residence - Clayton Comments: Guarantor has lived at current residence 25 years. |
| 2186739 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | XXXX | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 134+ months reserves exceed guidelines. CFCFS1736: Significant time at current residence - Clayton Comments: Guarantor has lived at current residence 6 years. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: 254 months credit history exceeds guidelines. | ||||||||||||||
| 2192298 | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | B | B | B | A | A | C | B | C | B | B | B | A | A | C | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | B | C | B | XXXX | TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation | No | Zero tolerance fail for $232.50. Credit report fee increased from $125.00 on initial LE to $357.50 on final CD. No documentation provided disclosing increase in fee. Please provide either documentation or Letter of explanation, corrected Closing Disclosure, refund, proof of delivery within 60 days of consummation. | 6.23.26-Client provided LOS Screenshot of COC log entry dated 4/23/26 for increase of Credit report fee citing Reason and/or Category as Consumer Request" and a invoice dated 4/23/26. Provide supporting documentation reflecting the Borrowers request VIA- documented in writing through copy of Borrower emails, communication logs of Borrowers request, screenshot of LOS note showing Borrowers request, etc. to include the date of the Borrowers change request.6.24.26-Client provided broker email stating "the borrower requested a new credit report for re scoring purposes"Provide the request from the borrower to the broker for this change or Provide PCCD, LOX, Copy of tolerance check including proof of delivery via 3rd party label within XXX days of consummation.6.25.26-Email clarification sent per Email request.7.2.26-Client provided PCCD, LOX, Check and Fed Ex. Satisfied. | 7.2.26- Satisfied. | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is 28.49%, max allowed by G/L is 45% CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: The borrower has a 24 year credit history with 7 open and active tradelines 0X30 CFCFS1734: Borrower has significant time at current job - Clayton Comments: The borrower has been XXX for 18.4 years |
| 2192298 | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | B | B | B | A | A | C | B | C | B | B | B | A | A | C | B | Credit | LTV/CLTV | Active | B | B | B | B | XXXX | LTV Exceeds Guideline Requirement by at least 5%, but less than 10% | No | Max LTV for this loan program is 75%, LTV is 80%. Clayton deems this non-material. Compensating factors FICO 680, 15 years at current employment, 6 months in reserves. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is 28.49%, max allowed by G/L is 45% CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: The borrower has a 24 year credit history with 7 open and active tradelines 0X30 CFCFS1734: Borrower has significant time at current job - Clayton Comments: The borrower has been XXX for 18.4 years |
| 2186736 | XXXXXX | FL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | B | B | A | A | C | B | C | B | B | B | A | A | C | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | B | C | B | XXXX | TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation | No | Zero tolerance fail of $200.00 due to addition of Inspection fee on CD 5/6/26. Provide COC for addition of fee OR Provide PCCD. LOX, Copy of tolerance check including 3party verification of receipt within 60 days of consummation. | 5.28.26-Client provided COC citing -Inspection required due to information gardened from your appraisal report. Satisfied. | 5.28.26- Satisfied. | (No Data) | Not Applicable | CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: 95+ Months reporting on Credit Report CFCFS1737: LTV below guideline requirements - Clayton Comments: Current LTV is 68.56% and Max LTV is 80% CFCFS2860: Good credit history - Clayton Comments: Demonstrates Good Credit History CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 20 Months Reserves |
| 2186736 | XXXXXX | FL | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | B | B | A | A | C | B | C | B | B | B | A | A | C | B | Credit | DTI | Active | B | B | B | B | XXXX | Debt Ratio > 50% | No | Guidelines allow up to 55% DTI with the following conditions, LTV 80%, 0x30, and $4,000 per month in disposable income. Borrower's disposable income is XXXX but meets the other conditions. Clayton deems this non-material. Compensating factors FICO 796, LTV 68.56% 20 months in reserves, and 22 years in current profession. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: 95+ Months reporting on Credit Report CFCFS1737: LTV below guideline requirements - Clayton Comments: Current LTV is 68.56% and Max LTV is 80% CFCFS2860: Good credit history - Clayton Comments: Demonstrates Good Credit History CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 20 Months Reserves |
| 2186788 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | N/A | N/A | D | A | D | A | A | A | N/A | N/A | Credit | Legal Documents | Satisfied | D | A | D | A | XXXX | Estimated HUD-1 in File, Missing Final HUD-1 | No | Missing final HUD-1, please provide fully executed final HUD-1 | 5.19.26 FSS provided. Please clear.5.20.26 exception satisfied | 5.20.26 exception satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Assets: Post close reserves are $74,491.66 or 16 months. 3 months required. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 33.14% is below guideline maximum of 50%. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Per state registry borrower has been in business since XXXX. |
| 2192313 | XXXXXX | TX | (No Data) | ATR/QM: Exempt | D | A | D | A | A | A | N/A | N/A | D | A | D | A | A | A | N/A | N/A | Credit | Legal Documents | Satisfied | D | A | D | A | XXXX | Final HUD-1 is incomplete or illegible | No | Provide a legible copy of the final HUD1. | 5.27.26 please find the fss5.27.26 exception satisfied | 5.27.26 exception satisfied | (No Data) | Not Applicable | CFCFS1736: Significant time at current residence - Clayton Comments: In residence 5 years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post close reserves are $35,708.37, or 19.14 months. 3 months required. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 78.465 is below guideline maximum of 80% for a DSCR cash put refinance with a 721 credit score. |
| 2192312 | XXXXXX | MA | (No Data) | ATR/QM: Exempt | D | B | B | B | D | A | N/A | N/A | D | B | B | B | D | A | N/A | N/A | Credit | Credit/Mtg History | Active | B | B | B | B | XXXX | Length of mortgage/rental history in file does not meet guideline requirement | No | Missing proof of mortgage payments on the subject with XXX from December 2025 - February 2026 | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage history reporting 51 months 0X30 CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of 775 exceeds guideline minimum of 680 for a DSCR rate/term refinance at 76.41% LTV. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post close reserves are $46,758.51, or 9.37 months. 3 months required. |
| 2192312 | XXXXXX | MA | (No Data) | ATR/QM: Exempt | D | B | B | B | D | A | N/A | N/A | D | B | B | B | D | A | N/A | N/A | Credit | LTV/CLTV | Active | B | B | B | B | XXXX | LTV Exceeds Guideline Requirement by less than 5% | No | LTV is 76.41%, max allowed by G/L is 75% with DSCR <1 | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage history reporting 51 months 0X30 CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of 775 exceeds guideline minimum of 680 for a DSCR rate/term refinance at 76.41% LTV. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post close reserves are $46,758.51, or 9.37 months. 3 months required. |
| 2192312 | XXXXXX | MA | (No Data) | ATR/QM: Exempt | D | B | B | B | D | A | N/A | N/A | D | B | B | B | D | A | N/A | N/A | Property Valuations | Property | Satisfied | D | A | D | A | XXXX | Missing HOA Certificate/Questionnaire | No | Missing HOA Certificate/Questionnaire | 6.5.26 HOA questionnaire provided. Please clear.6.8.26 exception satisfied | 6.8.26 exception satisfied | (No Data) | Not Applicable | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage history reporting 51 months 0X30 CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of 775 exceeds guideline minimum of 680 for a DSCR rate/term refinance at 76.41% LTV. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post close reserves are $46,758.51, or 9.37 months. 3 months required. |
| 2192300 | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | XXXX | CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years - Clayton Comments: Borrower does not have any major mortgage related occurrences CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Assets: $34,276.19 (Funds from HUD) / $2,811.62 (PITI) = 12.19 Months Reserves | ||||||||||||||
| 2192319 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | XXXX | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing assets $125885.23 > min required of $6655.17 CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 727 mid score > min required of 620 CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Borrowers have 23 months mortgage payment history 0x30. | ||||||||||||||
| 2192301 | XXXXXX | UT | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | XXXX | TRID - Corrected CD should have been provided; Change of Product or Product Feature not disclosed at least 3 business days prior to closing | No | Provide proof of receipt of XXXX. | 6.25.26-Client provided XXXX, E-signed 5/5/26. Satisfied. | 6.25.26-Satisfied. | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is 47.00% and is < maximum allowed of 50.00% CFCFS1739: Positive mortgage payment history - Clayton Comments: Borrower(s) have 55 months mortgage payment history of 0/30 CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 703 mid score is > minimum required score of 660 |
| 2192301 | XXXXXX | UT | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | XXXX | TRID - CD: Loan consummated before end of waiting period | No | Provide proof of receipt of XXXX. | 6.25.26-Client provided XXXX, E-signed 5/5/26. Satisfied. | 6.25.26-Satisfied. | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is 47.00% and is < maximum allowed of 50.00% CFCFS1739: Positive mortgage payment history - Clayton Comments: Borrower(s) have 55 months mortgage payment history of 0/30 CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 703 mid score is > minimum required score of 660 |
| 2192301 | XXXXXX | UT | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | B | C | B | XXXX | TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation | No | Zero tolerance fail of $7.00 due to credit report fee increased on LE issued 4/24/26. Provide COC within 3 business days OR Provide PCCD, LOX, Copy of tolerance check including proof of delivery vial 3rd party label within 60 days of consummation. | 7.10.26-Client provided PCCD, LOX, Copy of tolerance check including proof of delivery vial 3rd party label . Satisfied. | 7.10.26-Satisfied. | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is 47.00% and is < maximum allowed of 50.00% CFCFS1739: Positive mortgage payment history - Clayton Comments: Borrower(s) have 55 months mortgage payment history of 0/30 CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 703 mid score is > minimum required score of 660 |
| 2192301 | XXXXXX | UT | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | B | C | B | XXXX | TRID - CD: Ten percent tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation. | No | Ten % tolerance fail of $36.00 due to recording fee increased on CD issued 5/5/26. Provide COC within 3 business days OR Provide PCCD, LOX, Copy of tolerance check including proof of delivery vial 3rd party label within 60 days of consummation. | 7.10.26-Client provided PCCD, LOX, Copy of tolerance check including proof of delivery vial 3rd party label . Satisfied. | 7.10.26- Satisfied. | (No Data) | Not Applicable | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is 47.00% and is < maximum allowed of 50.00% CFCFS1739: Positive mortgage payment history - Clayton Comments: Borrower(s) have 55 months mortgage payment history of 0/30 CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 703 mid score is > minimum required score of 660 |
| 2186731 | XXXXXX | WA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | XXXX | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 85 is below guideline requirement max of 90. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 14 months of 0x 30 exceeds guideline requirement of 12. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative score of 726 exceeds guideline requirement of 660. | ||||||||||||||
| 2186732 | XXXXXX | TX | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | B | C | A | A | A | D | B | D | B | C | A | A | A | D | B | Compliance | Ability to Repay/Qualified Mortgage | Satisfied | D | A | D | A | XXXX | TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; the loan file is missing documents to complete the ATR/QM review and render an accurate ATR/QM status. | No | Income calculated with two XXX accounts, account XXXX is a new account with 8 months of statements. Individual account income worksheets not found in the file. Funds transferred into accounts from other accounts were not excluded from business income. | June 4th 2026, 11:20:54 pmIncome worksheet provided, please clear.6.08.2026-Received the Income Worksheet, exception is satisfied. | 6.08.2026-Exception satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 787 mid score is > minimum required score of 660 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified Post Closed Assets of $199,849.16 / by PITIA of XXXX = 28.40, is > minimum required of $42,222 CFCFS1739: Positive mortgage payment history - Clayton Comments: Borrower(s) have 19 months mortgage payment history of 0/30 |
| 2186732 | XXXXXX | TX | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | B | C | A | A | A | D | B | D | B | C | A | A | A | D | B | Compliance | Texas Equity | Satisfied | C | B | C | B | XXXX | TX Equity - Total fees greater than the allowable cap | No | Provide XXXX or XXXX for fee comparisons.TX total fees are XXXX or 2.269% and max allowed is XXXX or 2.0%. | 6.2.26-CompEase report reflects lender credit towards A6 fees, Satisfied. | 6.2.26- Satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 787 mid score is > minimum required score of 660 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified Post Closed Assets of $199,849.16 / by PITIA of XXXX = 28.40, is > minimum required of $42,222 CFCFS1739: Positive mortgage payment history - Clayton Comments: Borrower(s) have 19 months mortgage payment history of 0/30 |
| 2186732 | XXXXXX | TX | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | B | C | A | A | A | D | B | D | B | C | A | A | A | D | B | Compliance | Texas Home Equity | Active | B | B | B | B | XXXX | TX Equity - Texas Equity : Missing T.42 Title Endorsement | No | Missing T.42 Endorsement | 6.8.26-No Docs Received. | (No Data) | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 787 mid score is > minimum required score of 660 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified Post Closed Assets of $199,849.16 / by PITIA of XXXX = 28.40, is > minimum required of $42,222 CFCFS1739: Positive mortgage payment history - Clayton Comments: Borrower(s) have 19 months mortgage payment history of 0/30 |
| 2186732 | XXXXXX | TX | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | B | C | A | A | A | D | B | D | B | C | A | A | A | D | B | Compliance | Texas Home Equity | Active | B | B | B | B | XXXX | TX Equity - Texas Equity : Missing T.42.1 Title Endorsement | No | Missing T.42.1 Endorsement | 6.8.26-No Docs Received. | (No Data) | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 787 mid score is > minimum required score of 660 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified Post Closed Assets of $199,849.16 / by PITIA of XXXX = 28.40, is > minimum required of $42,222 CFCFS1739: Positive mortgage payment history - Clayton Comments: Borrower(s) have 19 months mortgage payment history of 0/30 |
| 2186732 | XXXXXX | TX | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | D | B | C | A | A | A | D | B | D | B | C | A | A | A | D | B | Credit | DTI | Satisfied | C | A | C | A | XXXX | Debt Ratio > 50% | No | Income calculated with two XXX accounts, account XXXX is a new account with 8 months of statements. Individual account income worksheets not found in the file. Funds transferred into accounts from other accounts were not excluded from business income. | June 4th 2026, 11:20:42 pmIncome worksheet provided, please clear.6.8.2026-Received the Income Worksheet, exception satisfied. | 6.8.2026-Exception satisfied. | (No Data) | Not Applicable | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 787 mid score is > minimum required score of 660 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified Post Closed Assets of $199,849.16 / by PITIA of XXXX = 28.40, is > minimum required of $42,222 CFCFS1739: Positive mortgage payment history - Clayton Comments: Borrower(s) have 19 months mortgage payment history of 0/30 |
| 2186733 | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | B | C | B | XXXX | TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation | No | Zero Tolerance Fee of $8788.69 due to Lender Credit decreasing from LE 04/15/2026 to XXXX. Missing a valid Change of Circumstance, or Post Close CD, LOX and copy of refund check to borrower. | 5.21.26-Client provided COC reflecting Consumer request-Description-"Borrower requests Lender Credit to pay closing cost" Provide -Documentation of borrower requested changes should include the date of the borrowers change request and be documented in writing through copy of borrower emails, communication logs, screenshot of LO notes in LOS, etc.6.1.26-Client provided additional COC mirroring loan #XXX for COC reason, awaiting results of XXX review.6.1.26-Per second review "COC provided speaks to the appraisal not coming in at value. That is a guideline not a borrower requested change, COC is not sufficient" Provide PCCD, LOX, Copy of tolerance check including proof of delivery via 3rd party label within 60 days of consummation. XXX6.2.26-Sent for second review.-XXX6.3.26-Combination of LOCK in file, & most recent LOS screenshot of change. Satisfied. XXX | 6.3.26-Satisfied-XXX | (No Data) | Not Applicable | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 78.78% and is < maximum allowed 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 708 mid score is > minimum required score of 660 CFCFS1739: Positive mortgage payment history - Clayton Comments: Borrower(s) have 39 months mortgage payment history of 0/30 |
| 2186737 | XXXXXX | MO | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | D | A | A | A | D | A | A | A | D | A | A | A | D | A | A | A | Property Valuations | Appraisal | Satisfied | D | A | D | A | XXXX | Missing updated valuation | No | Missing Third Party Valuation supporting appraised value of $XXX | 6.8.26 CU with a score of 1 provided, please clear.6.8.26 exception satisfied | 6.8.26 exception satisfied | (No Data) | Not Applicable | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage history reporting 21 months 0X30 CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 60% and is < maximum allowed 65% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post close reserves $42,396.46 or 19.37 months PITI. Reserves not required |
| 2186738 | XXXXXX | HI | QM: Safe Harbor (APOR) | QM: Rebuttable Presumption (APOR) | C | B | B | B | A | A | C | A | C | B | B | B | A | A | C | A | Compliance | Ability to Repay/Qualified Mortgage | Satisfied | C | A | C | A | XXXX | TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; Clayton's status determination places loan in a riskier status than the Lender's status determination. | No | Client declared QM Safe APOR, Clayton status is QM Rebuttable APOR due to Benchmark Date 4/29/2026, loan has a test APR 8.159%, the Benchmark Rate was 76.260%; Variance 1.899%; max allowed is 1.5000%. | 6.8.26Client response; We accept the determination on this and please clear the exception.6.8.26 Clayton memo; exception satisfied; However, a level 2 exception will remain on file as Lender changed their status determination based upon Claytons review. | 6.8.26 Clayton memo; exception satisfied | (No Data) | Not Applicable | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 75 months of 0 x 30 exceeds guideline requirement of 12. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified reserves of $338,743.17 or 64.87 months PITI reserve exceeds required reserves of $0.00. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative score of 646 exceeds guideline requirement of 600. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 75 is below guideline requirement max of 85. |
| 2186738 | XXXXXX | HI | QM: Safe Harbor (APOR) | QM: Rebuttable Presumption (APOR) | C | B | B | B | A | A | C | A | C | B | B | B | A | A | C | A | Credit | Ability to Repay/Qualified Mortgage | Active | B | B | B | B | XXXX | TILA - ATR/QM: Lender changed their status determination based upon Clayton's review | No | Client agreed to QM rebuttable APOR status based upon Clayton review. | (No Data) | (No Data) | Not Applicable | Not Applicable | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 75 months of 0 x 30 exceeds guideline requirement of 12. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified reserves of $338,743.17 or 64.87 months PITI reserve exceeds required reserves of $0.00. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative score of 646 exceeds guideline requirement of 600. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 75 is below guideline requirement max of 85. |
| 2192311 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | A | A | A | A | A | A | N/A | N/A | A | A | A | A | A | A | N/A | N/A | XXXX | CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: 332 Months credit history exceeds guidelines. CFCFS1736: Significant time at current residence - Clayton Comments: Guarantor has lived at current residence 10 years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 19+ months reserves exceed guidelines. | ||||||||||||||
| 2186734 | XXXXXX | AZ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | B | C | B | XXXX | TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation | No | Zero tolerance fail for $834.00. Lender credits decreased from $834.00 to $0.00 on final CD. No documentation provided disclosing decrease in credit. Please provide either documentation or Letter of explanation, corrected Closing Disclosure, refund, proof of delivery within 60 days of consummation. | 6.9.26--Client provided COC for Lender Credit citing category of "Consumer Request" Reason "Lender Credit". Provide supporting documentation reflecting the borrowers request VIA- documented in writing through copy of borrower emails, communication logs, screenshot of LO notes in LOS, etc. to include the date of the borrowers change request.6.16.26-Client provided a 22pg. email, also a 8 page correspondence & a loan request change form dated 4/27/26 that details rate increase, net price decrease, & lender credit decrease, LO compensation of 2% from lender to broker, and removal of borrower paid 2.5% origination and a discount point increase to %0.375 i.e. $2502.18. Sent for second review. XXX.6.17.26-Satisfied XXX | 6.17.26-Satisfied XXX | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: Borrower has 16 years' time in the same profession CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of 800 exceeds 680 the minimum required per lender guidelines CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 85.00% is below 90.00% the maximum allowable per lender guidelines CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified cash reserves in the amount of $53,161.66 exceeds $32,545.08 the minimum required per lender guidelines |
| 2186743 | XXXXXX | CA | (No Data) | ATR/QM: Exempt | D | A | A | A | D | A | A | A | D | A | A | A | D | A | A | A | Property Valuations | Appraisal | Satisfied | D | A | D | A | XXXX | Missing updated valuation | No | Missing updated valuation. Provide third party valuation that supports the appraised value of $XXX | 6.5.26 CU with a score of 1 provided.6.8.26 exception satisfied | 6.8.26 exception satisfied | (No Data) | Not Applicable | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 99 months of 0 x 30 exceeds guideline requirement of 12. CFCFS2860: Good credit history - Clayton Comments: 0 x 30 payment history across all accounts reflects a good credit history. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: $415,321.54 or 99.78 Months Reserves exceeds required reserves of ($4,162.41 x 6 = $24,974.46). |
| 2192320 | XXXXXX | FL | (No Data) | ATR/QM: Exempt | B | B | B | B | A | A | N/A | N/A | B | B | B | B | A | A | N/A | N/A | Credit | Credit/Mtg History | Active | B | B | B | B | XXXX | Length of mortgage/rental history in file does not meet guideline requirement | No | Provide 12 months of canceled checks for the mortgage to XXX. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 4+ months reserves exceed guidelines. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has lived at current residence 7 years. CFCFS2860: Good credit history - Clayton Comments: Borrower demonstrates good credit history. |
| 2192308 | XXXXXX | AZ | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | B | C | B | XXXX | TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation | No | Zero tolerance fail for $2600 due to reduced lender credits. No documentation provided disclosing reduction. Please provide either documentation or Letter of explanation, corrected Closing Disclosure, refund, proof of delivery within 60 days of consummation. | 6.17.26-Client provided LOS Screenshot of COC log entry dated 5/20/26. Reason "Rate Lock ", Category "Rate Lock " Lender credit decreased due to Description field stating "Pricing related terms updated ". In conjunction with Lock In agreement issued 5/20/26, executed 5/20/26. Satisfied | 6.17.26-. Satisfied | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post close reserves are $80,413.75, or 9.64 months. Reserves not required. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Per state registry borrower has been in business since XXXX. CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 12.33% is below guideline maximum of 55%. |
| 2192303 | XXXXXX | CA | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | B | B | B | B | A | A | A | A | B | B | B | B | A | A | A | A | Credit | Assets | Active | B | B | B | B | XXXX | Insufficient # of months cash reserves for PITI per guideline requirements | No | Reserves required $5834.77 X 6 = $35,008.62. Post close reserves $34,628.01 or 5.93 months PITI. Clayton deems this non-material due to the following compensating factors: 40 month mortgage history 0X30, 15 years same line of work, 18 year credit history | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS2854: Significant time in profession - Clayton Comments: The borrower has been in the same industry for 15 years CFCFS1739: Positive mortgage payment history - Clayton Comments: Mortgage history reporting 40 months 0X30 CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: The borrower has a 18 year credit history with 13 open and active tradelines |
| 2192305 | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | B | B | B | A | A | C | B | C | B | B | B | A | A | C | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | XXXX | TRID - Corrected CD should have been provided; Change of Product or Product Feature not disclosed at least 3 business days prior to closing | No | Please provide proof of evidence for LE issued 5/19/26 and XXXX | 6.18.26-Client provided LE 5/19, e-signed 5/19 & CD 5/21, e-signed 5/21. Satisfied. | 6.18.26-Satisfied. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 28.85 months reserves exceed guideline minimum of 6 months. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has owned subject property for 3 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been XXX for 9 years. |
| 2192305 | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | B | B | B | A | A | C | B | C | B | B | B | A | A | C | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | A | C | A | XXXX | TRID - CD: Loan consummated before end of waiting period | No | Please provide proof of evidence for LE issued 5/19/26 and XXXX | 6.18.26-Client provided LE 5/19, e-signed 5/19 & CD 5/21, e-signed 5/21. Satisfied. | 6.18.26- Satisfied. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 28.85 months reserves exceed guideline minimum of 6 months. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has owned subject property for 3 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been XXX for 9 years. |
| 2192305 | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | B | B | B | A | A | C | B | C | B | B | B | A | A | C | B | Compliance | TILA/RESPA Integrated Disclosure | Satisfied | C | B | C | B | XXXX | TRID - CD: Ten percent tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation. | No | Ten percent tolerance fail of $369.60 due to recording fees increased from $514.00 to $935.00 on CD issued 05/28/2026 with no/invalid internal COC in file. Provide COC reflecting valid reason for the fee changes within 3 business days of change -OR- PCCD with cure, copy of cure check, LOE to Borrower and Evidence of delivery via method including tracking, within 60 days of consummation. | 6.19.26-Client provided LOS Screenshot of COC log entry dated 5/28/26 Reason "Settlement ", Category "Settlement Charges " Recording fee increase due to Description field stating "changed circumstance occurred affecting settlement charges ". Provide clarification as to what circumstance changed on 5/28/26 at closing that increased the recording fee above tolerance.7.1.26-No Docs Recvd. Please re-upload.7.2.26-Client provided updated title work dated 5/22/26 (in file) and screenshot of adding it to there LOS on 5/26/26. Increase in fee not disclosed until Closing 5/28/26. Sent for second review. XXX7.2.26-Provide, from the Title Co. clarification of what occurred and when or Provide PCCD, LOX, Copy of tolerance check including proof of delivery within 60 days of consummation.XXX.7.9.26-Client provided PCCD,.LOX, Copy of tolerance check & label. Satisfied. XXX | 7.9.26 Satisfied. | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 28.85 months reserves exceed guideline minimum of 6 months. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has owned subject property for 3 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been XXX for 9 years. |
| 2192305 | XXXXXX | CA | QM: Safe Harbor (APOR) | QM: Safe Harbor (APOR) | C | B | B | B | A | A | C | B | C | B | B | B | A | A | C | B | Credit | LTV/CLTV | Active | B | B | B | B | XXXX | CLTV Exceeds Guideline Requirement by less than 5% | No | LTV/CLTV of 81.74% is greater than 80% allowed per guidelines. | (No Data) | (No Data) | (No Data) | Not Applicable | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 28.85 months reserves exceed guideline minimum of 6 months. CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has owned subject property for 3 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been XXX for 9 years. |