EFMT DEPOSITOR LLC ABS-15G

Exhibit 99.06 - Schedule 1

 

EFMT 2026-NQM10 Rebuttal Findings_Redacted
Seller:
Deal ID:
Total Loan Count: 458

 

Loans by Grade in Population       Trade Summary
Loan Grade Count Percentage       Loan Status Count Percentage
1 331 72.27%       Review Complete 454 99.13%
2 124 27.07%       In Rebuttal 4 0.87%
3 3 0.66%                    
 

 

        Finding Status Final Finding Grade        
Initial Findings Grade Count Rebuttal Received Responses Given Open Resolved UpHeld Void 3 4 2 1        
3 380 338 338 3 336 0 0 3 0 92 285        
4 11 11 11 0 10 0 0 0 0 1 10        
2 115 15 26 1 17 0 0 0 0 101 14        
1 979 9 14 915 1 0 13 0 0 0 979        
                                         
    Initial Finding Grade Final Finding Grade
Exceptions Count 3 4 2 3 4 2
Compliance 232 131 3 98 3 0 133
    Note - Incomplete 23 7 0 16 0 0 3
    State Testing - Prepayment Penalty 18 0 0 18 0 0 18
    TRID - CD - Section B incorrect payee 15 0 0 15 0 0 15
    TRID - Initial CD/Delivery Date (prior to consummation) Non- Rescindable 14 14 0 0 0 0 6
    TRID - Zero Tolerance Violation (No Valid COC) 13 13 0 0 0 0 9
    Security Instrument - Inaccurate 10 5 0 5 0 0 5
    TRID - 10% Tolerance Violation (No Valid COC) 9 9 0 0 0 0 6
    ARM Index Rate Missing/Invalid  8 8 0 0 0 0 0
    Security Instrument - Incomplete 7 7 0 0 0 0 0
    Security Instrument - Name Discrepancy 6 6 0 0 0 0 0
    TRID - Zero Tolerance Violation (Disclosure Timing Fail) 6 6 0 0 0 0 3
    Flood Insurance - Escrow Notice 6 0 0 6 0 0 6
    Flood Insurance Required 6 0 0 6 0 0 6
    TRID - CD - Loan Information/Loan Type 5 0 0 5 0 0 5
    HUD1 - Not Final 5 0 0 5 0 0 4
    TRID - Initial CD/Delivery Date (prior to consummation)- Rescindable 5 5 0 0 0 0 3
    ARM Disclosure - Missing 4 4 0 0 3 0 0
    TRID - Initial LE/Delivery Date (from application) 4 4 0 0 0 0 3
    TRID - CD/Lender Credits that Cannot Decrease (No Valid COC) 4 4 0 0 0 0 0
    TRID - CD - $100 Tolerance Threshold/Non-Rescindable 4 4 0 0 0 0 4
    TRID - CD/Lender Credits that Cannot Decrease (Revised Disclosure Late) 4 4 0 0 0 0 2
    TRID - CD - Loan Disclosures/Escrow Account 4 0 0 4 0 0 4
    Security Instrument - Missing 3 0 3 0 0 0 0
    TRID - CD - Total of Payments (TOP) Non-Rescindable 3 3 0 0 0 0 3
    TRID - 10% Tolerance Violation (Disclosure Timing Fail) 3 3 0 0 0 0 2
    TRID - Zero Tolerance Violation (Revised Disclosure Late) 3 3 0 0 0 0 3
    State Regulations 3 0 0 3 0 0 3
    Security Instrument - Missing Rider/Addendum 3 3 0 0 0 0 0
    Compliance Finding - Missing Business Purpose Documentation 2 2 0 0 0 0 0
    State Testing - Prohibited Fees 2 0 0 2 0 0 2
    HOC - Missing 2 0 0 2 0 0 2
    TRID - CD/Lender Credits that Cannot Decrease (Disclosure Timing Fail) 2 2 0 0 0 0 0
    TRID - CD - Revised CD Delivery Date (Waiting Period, APR) 2 2 0 0 0 0 1
    TRID - CD/Payee Not Listed 2 0 0 2 0 0 2
    QM - Rebuttable Presumption 1 0 0 1 0 0 1
    Federal - HPML APR/Non-Compliant 1 1 0 0 0 0 0
    Compliance Finding - Other 1 1 0 0 0 0 0
    TRID - Zero Tolerance Violation (No COC - Date Undeterminable) 1 1 0 0 0 0 0
    TRID - CD - Closing Information/Disbursement Date 1 0 0 1 0 0 1
    ROR - Timing 1 1 0 0 0 0 0
    HMDA - Government Monitoring 1 0 0 1 0 0 1
    TRID - Loan Estimate/Missing 1 1 0 0 0 0 0
    TRID - LE/Revised Delivery Date (after issue of CD) 1 1 0 0 0 0 1
    TRID - LE/Revised LE Delivery Date (prior to consummation) 1 1 0 0 0 0 1
    State Testing - Late Fees Test 1 0 0 1 0 0 1
    State HPML 1 0 0 1 0 0 1
    TRID - CD - Closing Information/Settlement Agent info 1 0 0 1 0 0 1
    TRID - CD - Lender NMLS Missing or Inaccurate 1 1 0 0 0 0 1
    TRID - CD - Transaction Information/Lender Info 1 0 0 1 0 0 1
    HOC - Late 1 0 0 1 0 0 1
    TRID - CD - Post-consummation CD reimbursement date 1 1 0 0 0 0 0
    Note - Name Discrepancy 1 1 0 0 0 0 0
    TRID - CD - Revised CD Delivery Date (No Waiting Period) 1 1 0 0 0 0 0
    ROR- Incorrect Form/New creditor (H8) version required 1 1 0 0 0 0 1
    HUD1 - Missing (All) 1 1 0 0 0 0 0
    FACTA Disclosure - Missing 1 0 0 1 0 0 1
Credit 257 233 8 16 0 0 58
    DSCR - Program Parameters - Other 50 42 0 8 0 0 13
    Credit - Other 24 23 0 1 0 0 2
    Program Parameters - Other 22 16 0 6 0 0 13
    Flood Certificate - Missing 11 11 0 0 0 0 0
    DSCR - Missing background check 11 11 0 0 0 0 0
    Hazard Insurance - All Perils 10 10 0 0 0 0 0
    Assets - Minimum Reserves 9 9 0 0 0 0 5
    Credit Missing - One or More Reports Missing 8 8 0 0 0 0 0
    Assets - Cash to Close 8 8 0 0 0 0 2
    Program Parameters - LTV 7 7 0 0 0 0 5
    Debts - Not Verified 5 5 0 0 0 0 1
    Hazard Insurance - Missing/Insufficient 5 5 0 0 0 0 0
    Credit Report - Other 5 5 0 0 0 0 1
    Assets - Large Deposits/Unacceptable 4 4 0 0 0 0 1
    DSCR - Missing Entity Documentation 4 4 0 0 0 0 0
    Verification Documentation - VVOE Salaried/Missing 4 4 0 0 0 0 1
    Mortgage History - Missing/Incomplete 4 4 0 0 0 0 1
    Assets - Bank Statements 4 0 4 0 0 0 0
    Income - Rental Property/Missing Lease 3 3 0 0 0 0 0
    Income - Tax Return Documentation Incomplete 3 3 0 0 0 0 1
    Income - Rental Property Income 3 3 0 0 0 0 0
    Borrower - Residency Alien Documentation 3 2 1 0 0 0 2
    Final Application - Missing 3 3 0 0 0 0 0
    Title Commitment - Other 2 2 0 0 0 0 0
    Credit Report - Adverse Credit 2 1 1 0 0 0 0
    Program Parameters - Property Type 2 2 0 0 0 0 2
    Program Parameters - Number of Units 2 2 0 0 0 0 1
    MI - Missing Documentation 2 2 0 0 0 0 2
    Appraisal - Other 2 1 0 1 0 0 1
    FEMA 2 2 0 0 0 0 0
    Contract - Missing 2 2 0 0 0 0 0
    Income - Other 2 0 2 0 0 0 0
    Title Commitment - Missing/Incomplete 2 2 0 0 0 0 0
    Credit Report - Alerts 2 2 0 0 0 0 0
    Program Parameters - Loan Amount 2 2 0 0 0 0 1
    Program Parameters - Occupancy 2 2 0 0 0 0 0
    Borrower - (EAD) Risk Category 1 1 0 0 0 0 0
    Assets - Source 1 1 0 0 0 0 0
    Assets - Authorization 1 1 0 0 0 0 0
    DSCR - Missing required STR Documents 1 1 0 0 0 0 0
    Assets - Other 1 1 0 0 0 0 0
    Liabilities - Excluded Debts 1 1 0 0 0 0 0
    Appraisal - Appraisal Missing 1 1 0 0 0 0 0
    AUS (LP/DU) - Missing 1 1 0 0 0 0 1
    AUS - Risk Assessment 1 1 0 0 0 0 0
    AUS - Invalid 1 1 0 0 0 0 1
    Program Parameters - Loan Purpose 1 1 0 0 0 0 0
    Verification Documentation - VOR 1 1 0 0 0 0 0
    Income - Insufficient Documentation 1 1 0 0 0 0 0
    Contract - Concessions 1 1 0 0 0 0 0
    Credit Report - Inquiries 1 1 0 0 0 0 0
    Credit Report - Minimum Trade Lines 1 1 0 0 0 0 0
    Liabilities - Mortgage Payment History 1 1 0 0 0 0 0
    Income - Other/Missing 1 1 0 0 0 0 0
    Program Parameters - Cash-Out Amount 1 1 0 0 0 0 1
    HELOC - Closure Letter 1 1 0 0 0 0 0
    Property listed for sale within 6 months of application date 1 1 0 0 0 0 0
Valuation 17 16 0 1 0 0 3
    Appraisal - Value is not supported within 10% of original appraisal amount 16 16 0 0 0 0 2
    Appraisal - Value is supported within 10% of original appraisal amount 1 0 0 1 0 0 1