Exhibit 99.10 - Schedule 1
| ALT Loan ID | Seller | Loan ID | Seller Loan ID | Investor Loan ID | Queue | Created Date | Last Modified Date | Finding Status | Event Level | Finding Category | Finding Sub Category | Finding Name | Reviewer Comments | Seller Comments | Finding Resolution | Finding Document | Reviewer Comp Factors | Originator Comp Factors | State | Occupancy | Loan Purpose | Refinance Purpose | Unique Finding ID | Acknowledged / Waived By | Waiver in File? |
| 2173097 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Missing Doc | Missing Mortgage/Deed of Trust | Resolved-Lender provided the deed of trust. - Due Diligence Vendor-XX/XX/XXXX Resolved-The Deed of Trust is Present - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Buyer-XX/XX/XXXX Open-The Deed of Trust is Missing - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Lender provided the deed of trust. - Due Diligence Vendor-XX/XX/XXXX Resolved-The Deed of Trust is Present - Due Diligence Vendor-XX/XX/XXXX | DOD.pdf | CO | Primary Residence | Purchase | NA | XXXXX | XXXXX | N/A | ||||
| 2173107 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Missing Doc | Missing Final Application (1003) | Resolved-lender provided the signed 1003 - Due Diligence Vendor-XX/XX/XXXX Resolved-The Final 1003 is Present - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Seller-XX/XX/XXXX Open-The Final 1003 is Missing The final Executed 1003 is missing - Due Diligence Vendor-XX/XX/XXXX |
Ready for Review-Document Uploaded. - Seller-XX/XX/XXXX | Resolved-lender provided the signed 1003 - Due Diligence Vendor-XX/XX/XXXX Resolved-The Final 1003 is Present - Due Diligence Vendor-XX/XX/XXXX | 1003.pdf | CO | Primary Residence | Purchase | NA | XXXXX | XXXXX | N/A | |||
| 2173107 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Disclosure | Taxpayer Consent Form Missing | Resolved-Lender provided the tax payer consent form - Due Diligence Vendor-XX/XX/XXXX Resolved-Taxpayer Consent Form provided. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Seller-XX/XX/XXXX Open-Post XX/XX/XXXX, the required Taxpayer Consent Form is missing from the file. Missing Executed Taxpayer Consent Form - Due Diligence Vendor-XX/XX/XXXX |
Ready for Review-Document Uploaded. - Seller-XX/XX/XXXX | Resolved-Lender provided the tax payer consent form - Due Diligence Vendor-XX/XX/XXXX Resolved-Taxpayer Consent Form provided. - Due Diligence Vendor-XX/XX/XXXX | XXXXX TR Consent.pdf | CO | Primary Residence | Purchase | NA | XXXXX | XXXXX | N/A | |||
| 2173107 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Missing Doc | TRID: Missing Closing Disclosure | Resolved-Lender provided the final CD - Due Diligence Vendor-XX/XX/XXXX Resolved-TRID: Final Closing Disclosure Provided - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Buyer-XX/XX/XXXX Open-TRID: Missing Final Closing Disclosure The Final Closing Disclosure, dated XX/XX/XXXX, is missing from the loan file. Additional conditions may apply. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Lender provided the final CD - Due Diligence Vendor-XX/XX/XXXX Resolved-TRID: Final Closing Disclosure Provided - Due Diligence Vendor-XX/XX/XXXX | XXXXX FCD.pdf | CO | Primary Residence | Purchase | NA | XXXXX | XXXXX | N/A | ||||
| 2175207 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Tolerance:Disclosure | Federal - Closing Disclosure and Consummation Date | Resolved-Lender provided the initial CD. - Due Diligence Vendor-XX/XX/XXXX Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Buyer-XX/XX/XXXX Open-The Initial Closing Disclosure Received Date of (XX/XX/XXXX) is not three business days before the consummation date of (XX/XX/XXXX). Three business days before the consummation date is (XX/XX/XXXX). Under Regulation Z, a consumer must receive the Initial Closing Disclosure reflecting the actual terms of the transaction no later than three business days before consummation. (12 CFR 1026.19(f)(1)(ii)(A)); 1026.19(f)(1)(iii)) The initial CD is missing from the loan file. Additional conditions may apply. No Cure. - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Lender provided the initial CD. - Due Diligence Vendor-XX/XX/XXXX Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX | XXXXX ICD.pdf | CA | Primary Residence | Purchase | NA | XXXXX | XXXXX | N/A | ||||
| 2175211 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Missing Doc | Missing Final Application - Not Executed | Resolved-Lender provided signed 1003 - Due Diligence Vendor-XX/XX/XXXX Resolved-The Final 1003 is Executed - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Buyer-XX/XX/XXXX Open-The Final 1003 is Not Executed - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Lender provided signed 1003 - Due Diligence Vendor-XX/XX/XXXX Resolved-The Final 1003 is Executed - Due Diligence Vendor-XX/XX/XXXX | 1003.pdf | FL | Primary Residence | Purchase | NA | XXXXX | XXXXX | N/A | ||||
| 2175203 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Eligibility | Appraisal Transfer Does Not Meet Guideline Requirements | Resolved-Lender provided the appraisal invoice. - Due Diligence Vendor-XX/XX/XXXX Resolved-Appraisal Transfer Meets Guideline Requirements - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Buyer-XX/XX/XXXX Open-Appraisal Transfer Does Not Meet Guideline Requirements. Missing appraisal invoice. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Lender provided the appraisal invoice. - Due Diligence Vendor-XX/XX/XXXX Resolved-Appraisal Transfer Meets Guideline Requirements - Due Diligence Vendor-XX/XX/XXXX | invoice.pdf | NC | Primary Residence | Purchase | NA | XXXXX | XXXXX | N/A | ||||
| 2175203 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Missing Doc | TRID: Missing Closing Disclosure | Resolved-Lender provided the final Closing disclosure. - Due Diligence Vendor-XX/XX/XXXX Resolved-TRID: Final Closing Disclosure Provided - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Please rescind was in the file - Buyer-XX/XX/XXXX Open-TRID: Missing Final Closing Disclosure Missing final Closing Disclosure. Additional conditional may apply. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Lender provided the final Closing disclosure. - Due Diligence Vendor-XX/XX/XXXX Resolved-TRID: Final Closing Disclosure Provided - Due Diligence Vendor-XX/XX/XXXX | CD.pdf | NC | Primary Residence | Purchase | NA | XXXXX | XXXXX | N/A | ||||
| 2175203 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Missing Doc | Missing Final Application - Not Executed | Resolved-Lender provided the signed final 1003. - Due Diligence Vendor-XX/XX/XXXX Resolved-The Final 1003 is Executed - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Escalated to rescind - Seller-XX/XX/XXXX Open-The Final 1003 is Not Executed - Due Diligence Vendor-XX/XX/XXXX |
Ready for Review-Escalated to rescind - Seller-XX/XX/XXXX | Resolved-Lender provided the signed final 1003. - Due Diligence Vendor-XX/XX/XXXX Resolved-The Final 1003 is Executed - Due Diligence Vendor-XX/XX/XXXX | 1003.pdf | NC | Primary Residence | Purchase | NA | XXXXX | XXXXX | N/A | |||
| 2180003 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Please waive - Buyer-XX/XX/XXXX Open-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX |
Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX | MI | Primary Residence | Purchase | NA | XXXXX | XXXXX | No | |||||
| 2182310 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Missing Doc | Missing Documentation 1 | Resolved-Document Uploaded. - Due Diligence Vendor-XX/XX/XXXX Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-XX/XX/XXXX Counter-An address discrepancy exists between the 1003 and the provided property report. The 1003 application lists the borrower's primary residence on XXXXX, whereas the property report reflects XXXXX. The file currently lacks documentation to verify that these two addresses represent the same location. - Due Diligence Vendor-XX/XX/XXXX Open-Document Uploaded. - Due Diligence Vendor-XX/XX/XXXX Open-Missing verification Borrower 2 primary residence is owned free and clear. - Due Diligence Vendor-XX/XX/XXXX Open-Missing verification Borrower 2 primary residence is owned free and clear. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Document Uploaded. - Due Diligence Vendor-XX/XX/XXXX Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-XX/XX/XXXX | XXXXX.pdf XXXXX supplement.pdf Modification Agreement Heloc.pdf B2 Primary Paid to XX/XX/XXXX.pdf 1003.pdf |
TN | Investment | Refinance | Cash Out - Other | XXXXX | XXXXX | N/A | ||||
| 2182311 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Property | Missing Doc | Incomplete Appraisal (Property) | Resolved-LLC documents provided reflecting the borrowers are one in the same, no further documentation required, condition resolved. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Due Diligence Vendor-XX/XX/XXXX Open-All pages of appraisal were not provided. Appraisal indicates the borrower as an LLC, the borrowers for the subject are individuals. An updated Appraisal is missing. - Due Diligence Vendor-XX/XX/XXXX |
Please see attached showing the borrower’s ownership in the LLC. They are one in the same it doesn’t matter and certainly not material to show the borrower or his LLC. - XX/XX/XXXX | Resolved-LLC documents provided reflecting the borrowers are one in the same, no further documentation required, condition resolved. - Due Diligence Vendor-XX/XX/XXXX | XXXXX.pdf | TN | Investment | Refinance | Cash Out - Other | XXXXX | XXXXX | N/A | |||
| 2182311 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Title | Property Title Issue | Resolved-Quit claim deed reflects title held individually and not in an LLC, condition resolved. - Due Diligence Vendor-XX/XX/XXXX Resolved-Property Title Issue Resolved - Due Diligence Vendor-XX/XX/XXXX Ready for Review- - Due Diligence Vendor-XX/XX/XXXX Open-Property Title Issue Title commitment Schedule B1 No. 4 and 6 indicate subject will be vested in an LLC. Subject loan closed with vested individuals. An updated title document is missing. - Due Diligence Vendor-XX/XX/XXXX |
This doesn’t matter if the title commitment says they are vesting in an LLC or not. It is a moot point after closing. The final title policy is issued how the loan closed. - XX/XX/XXXX | Resolved-Quit claim deed reflects title held individually and not in an LLC, condition resolved. - Due Diligence Vendor-XX/XX/XXXX Resolved-Property Title Issue Resolved - Due Diligence Vendor-XX/XX/XXXX | TN | Investment | Refinance | Cash Out - Other | XXXXX | XXXXX | N/A | ||||
| 2182319 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Waived | 2 - Non-Material | Credit | Missing Doc | Missing VOM or VOR | Waived-Lender provided approved exception dated prior to consummation and all lender compensation factors have been documented and validated. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-XX/XX/XXXX Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Buyer-XX/XX/XXXX Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Verification of Rent (VOR) Document is Missing. - Due Diligence Vendor-XX/XX/XXXX |
Waived-Lender provided approved exception dated prior to consummation and all lender compensation factors have been documented and validated. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-XX/XX/XXXX Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - Due Diligence Vendor-XX/XX/XXXX | Exception.pdf | DTI 29.852% is less than maximum 50% LTV 85% is less than maximum 90% FICO 698 is higher than minimum of 680 Self employed same profession 4 yrs. |
CA | Primary Residence | Purchase | NA | XXXXX | XXXXX | Yes | |||
| 2182319 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | QM-ATR | ATR Risk - Credit History taken into consideration does not meet requirements | Resolved-ATR Risk - Credit History taken into consideration meets requirements - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Buyer-XX/XX/XXXX Open-ATR Risk - Credit History taken into consideration does not meet requirements As per GL 3.4.1 housing history guideline requirement is not met. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-ATR Risk - Credit History taken into consideration meets requirements - Due Diligence Vendor-XX/XX/XXXX | Exception.pdf | CA | Primary Residence | Purchase | NA | XXXXX | XXXXX | N/A | ||||
| 2182317 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX Open-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX |
Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX | FL | Primary Residence | Purchase | NA | XXXXX | XXXXX | No | |||||
| 2182323 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Missing Doc | Invoice - Missing or Incomplete | Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Buyer-XX/XX/XXXX Open-Invoice - Missing or Incomplete. Audit could not verify appraisal fees totaling $610 due to missing invoice. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-XX/XX/XXXX | invoice.pdf | FL | Investment | Refinance | Cash Out - Other | XXXXX | XXXXX | N/A | ||||
| 2182316 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | TRID Tolerance | Insufficient Tolerance Cure (50001028) | Resolved-Lender provided PCCD. - Due Diligence Vendor-XX/XX/XXXX Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Buyer-XX/XX/XXXX Open-A Lender Credit for Excess Charges of ($X,XXX.XX), Principal Reduction for Excess Charges of ($X,XXX.XX), and general or specific lender credit increases of ($X,XXX.XX) were applied to the total fee variance of ($X,XXX.XX) between the baseline disclosure and the last Closing Disclosure. Since the lender credits and principal reduction (if applicable) are less than the total fee variance amount, they are not sufficient to cure the variance. The Loan Estimate, dated XX/XX/XXXX, reflects a Credit Report Fee $X,XXX.XX. Post Closing CD dated XX/XX/XXXX reflects a Credit Report Fee $X,XXX.XX. The loan file did not contain a valid COC to support the increase. No evidence of a tolerance cure was provided in file. A tolerance cure of $X,XXX.XX is required. Provide Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to Borrower. - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Lender provided PCCD. - Due Diligence Vendor-XX/XX/XXXX Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX | XXXXX PCCD.pdf | FL | Second Home | Purchase | NA | XXXXX | XXXXX | N/A | ||||
| 2182316 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | TRID Tolerance | Insufficient Tolerance Cure (50001026) | Resolved-Lender provided PCCD. - Due Diligence Vendor-XX/XX/XXXX Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Buyer-XX/XX/XXXX Open-A Lender Credit for Excess Charges of ($X,XXX.XX), Principal Reduction for Excess Charges of ($X,XXX.XX), and general or specific lender credit increases of ($X,XXX.XX) were applied to the total fee variance of ($X,XXX.XX) between the baseline disclosure and the actual fee amounts. Since the lender credits and principal reduction (if applicable) are less than the total fee variance amount, they are not sufficient to cure the variance. The Loan Estimate, dated XX/XX/XXXX, reflects a Credit Report Fee $X,XXX.XX. Post Closing CD dated XX/XX/XXXX reflects a Credit Report Fee $X,XXX.XX. The loan file did not contain a valid COC to support the increase. No evidence of a tolerance cure was provided in file. A tolerance cure of $X,XXX.XX is required. Provide Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to Borrower. - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Lender provided PCCD. - Due Diligence Vendor-XX/XX/XXXX Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX | XXXXX PCCD.pdf XXXXX PCCD.pdf |
FL | Second Home | Purchase | NA | XXXXX | XXXXX | N/A | ||||
| 2182316 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX Open-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX |
Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX | FL | Second Home | Purchase | NA | XXXXX | XXXXX | No | |||||
| 2182315 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | TRID Tolerance | Lender Credits That Cannot Decrease Test (50001261) | Resolved-Lender provided COC for change to credit - Due Diligence Vendor-XX/XX/XXXX Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Buyer-XX/XX/XXXX Open-The baseline amount of non-specific (lump sum) lender credits and specific lender credits is ($X,XXX.XX). The actual total fee amount shows a credit amount of ($X,XXX.XX). The following actual fees submitted as "lender credits" have decreased below their baseline amounts (General Lender Credit). Non-specific lender credits are generalized payments that do not pay for a particular fee. Specific lender credits are specific payments to pay for a specific fee. The total amount of non-specific and specific lender credits cannot decrease unless a new disclosure is provided and there is a valid changed circumstance associated with the re-disclosure. (12 CFR 1026.19e)(3) and comments 19(e)(3)-5 and -6; 12 CFR 1026.37(g)(6); 12 CFR 1026.38(h)). The loan file did not contain a valid COC to support the decrease. Provide Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to Borrower. - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Lender provided COC for change to credit - Due Diligence Vendor-XX/XX/XXXX Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX | XXXXX COC CD.pdf | IN | Primary Residence | Purchase | NA | XXXXX | XXXXX | N/A | ||||
| 2182315 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | TRID Tolerance | Lender Credits That Cannot Decrease Test (50001262) | Resolved-Lender provided COC for change to credit - Due Diligence Vendor-XX/XX/XXXX Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Buyer-XX/XX/XXXX Open-The baseline amount of non-specific (lump sum) lender credits and specific lender credits disclosed is ($X,XXX.XX). The Last CD shows a total lender credit amount of ($X,XXX.XX). The following fees "lender credits" have decreased below their baseline amounts (General Lender Credit). Non-specific lender credits are generalized payments that do not pay for a particular fee. Specific lender credits are specific payments to pay for a specific fee. The total amount of non-specific and specific lender credits cannot decrease unless a new disclosure is provided and there is a valid changed circumstance associated with the re-disclosure, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (12 CFR 1026.19(e)(3)(i) and comments 19(e)(3)(i)-5 and -6; 12 CFR 1026.19(f)(2)(v); 12 CFR 1026.37(g)(6); 12 CFR 1026.38(h)). The loan file did not contain a valid COC to support the decrease. Provide Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to Borrower. - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Lender provided COC for change to credit - Due Diligence Vendor-XX/XX/XXXX Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX | XXXXX COC CD.pdf | IN | Primary Residence | Purchase | NA | XXXXX | XXXXX | N/A | ||||
| 2186179 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Waived | 2 - Non-Material | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. Finding is non-material and loan will be graded a B. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Buyer-XX/XX/XXXX Open-Housing History Does Not Meet Guideline Requirements In accordance with lender guidelines (Section 3.4.2), DSCR loans for borrowers residing rent-free require management review and exception. Currently, the audit team is unable to locate the documented approval for this exception in the loan file. - Due Diligence Vendor-XX/XX/XXXX |
Waived-Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. Finding is non-material and loan will be graded a B. - Due Diligence Vendor-XX/XX/XXXX | Exception.pdf | FICO 775 > 700 min required, DSCR 1.8 > 1.0 min required, credit depth, LTV 69.6% < 75% max and reserves | IL | Investment | Refinance | Cash Out - Other | XXXXX | XXXXX | Yes | |||
| 2186179 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Missing Doc | Missing Final Loan Calculations | Resolved-Final calculations received and high-cost testing was successfully performed, finding resolved. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Escalated - Buyer-XX/XX/XXXX Open-The subject loan is subject to predatory lending testing. Provide the final loan calculations (TOP, Finance Charge, APR) for accurate testing, either on the final CD or as an addendum to the Settlement Statement. The loan is subject to high-cost testing for DSCR loans in Illinois, Minnesota, and Virginia. Please provide the final loan calculations (Total of Payments, Finance Charge, APR, and Amount Financed) via the final Closing Disclosure (CD), Truth in Lending (TIL) statement, or as a Settlement Statement addendum to ensure accurate testing. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Final calculations received and high-cost testing was successfully performed, finding resolved. - Due Diligence Vendor-XX/XX/XXXX | XXXXX.pdf | IL | Investment | Refinance | Cash Out - Other | XXXXX | XXXXX | N/A | ||||
| 2186178 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Tolerance:Disclosure | Federal - Closing Disclosure and Consummation Date | Resolved-Lender provided the initial Closing disclosure - Due Diligence Vendor-XX/XX/XXXX Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Buyer-XX/XX/XXXX Open-The Initial Closing Disclosure Received Date of (XX/XX/XXXX) is not three business days before the consummation date of (XX/XX/XXXX). Three business days before the consummation date is (XX/XX/XXXX). Under Regulation Z, a consumer must receive the Initial Closing Disclosure reflecting the actual terms of the transaction no later than three business days before consummation. (12 CFR 1026.19(f)(1)(ii)(A)); 1026.19(f)(1)(iii)) The initial CD is missing from the loan file. Additional conditions may apply. No Cure. - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Lender provided the initial Closing disclosure - Due Diligence Vendor-XX/XX/XXXX Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX | XXXXX SIGNED CD.pdf | CA | Second Home | Purchase | NA | XXXXX | XXXXX | N/A | ||||
| 2186181 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Missing Doc | Homeownership Counseling Organizations Disclosure Missing or Incomplete | Resolved-Lender provided the signed acknowledgement of Homeownership Counseling List. - Due Diligence Vendor-XX/XX/XXXX Resolved-Homeownership Counseling Disclosure Is Present or Not Applicable - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Buyer-XX/XX/XXXX Open-Homeownership Counseling Organizations Disclosure Missing or Incomplete Homeownership Counseling Organizations Disclosure Missing - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Lender provided the signed acknowledgement of Homeownership Counseling List. - Due Diligence Vendor-XX/XX/XXXX Resolved-Homeownership Counseling Disclosure Is Present or Not Applicable - Due Diligence Vendor-XX/XX/XXXX | Counsel List XXXXX.pdf Econsent XXXXX.pdf |
FL | Primary Residence | Purchase | NA | XXXXX | XXXXX | N/A | ||||
| 2186181 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Disclosure | E-Consent documentation is missing for borrower(s) | Resolved-E-Consent documentation for borrower(s) provided. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Buyer-XX/XX/XXXX Open-E-Consent documentation is missing for borrower(s). - Due Diligence Vendor-XX/XX/XXXX |
Resolved-E-Consent documentation for borrower(s) provided. - Due Diligence Vendor-XX/XX/XXXX | Econsent XXXXX.pdf Counsel List XXXXX.pdf |
FL | Primary Residence | Purchase | NA | XXXXX | XXXXX | N/A | ||||
| 2186175 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Missing Doc | Missing ACH Form | Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Buyer-XX/XX/XXXX Open-Missing ACH Form. While an Automatic Payment Authorization Form is in the loan file, the top section is incomplete. Per the XXX 18 matrix, a fully completed form is required for a cash-out refinance with a qualifying credit score below 700. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-XX/XX/XXXX | XXXXX ACH Form Completed.pdf | NJ | Investment | Refinance | Cash Out - Other | XXXXX | XXXXX | N/A | ||||
| 2186175 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Missing Doc | Missing Payoff Statement for prior loan | Resolved-Document provided. Finding Resolved. - Due Diligence Vendor-XX/XX/XXXX Resolved-Payoff Statement for prior loan provided. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Buyer-XX/XX/XXXX Open-Missing Payoff Statement for prior loan. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Document provided. Finding Resolved. - Due Diligence Vendor-XX/XX/XXXX Resolved-Payoff Statement for prior loan provided. - Due Diligence Vendor-XX/XX/XXXX | Updated payoff.pdf | NJ | Investment | Refinance | Cash Out - Other | XXXXX | XXXXX | N/A | ||||
| 2189427 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Missing Doc | Invoice - Missing or Incomplete | Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Buyer-XX/XX/XXXX Open-Invoice - Missing or Incomplete. Audit could not verify appraisal fee for $700 due to missing invoice. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-XX/XX/XXXX | invoice.pdf | MS | Investment | Refinance | Cash Out - Other | XXXXX | XXXXX | N/A | ||||
| 2186185 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Missing Doc | Hazard Insurance Policy is Partial | Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Buyer-XX/XX/XXXX Open-Hazard Insurance Policy is Partial. Policy listing the premium amount was not provided. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-XX/XX/XXXX | invoice.pdf | NY | Investment | Purchase | NA | XXXXX | XXXXX | N/A | ||||
| 2186184 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Eligibility | OFAC Check Not Completed and/or Cleared | Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-XX/XX/XXXX Resolved-OFAC Check Completed and Cleared - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Seller-XX/XX/XXXX Open-OFAC Check Not Completed and/or Cleared OFAC Report is missing in the File - Due Diligence Vendor-XX/XX/XXXX |
Ready for Review-Document Uploaded. - Seller-XX/XX/XXXX | Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-XX/XX/XXXX Resolved-OFAC Check Completed and Cleared - Due Diligence Vendor-XX/XX/XXXX | XXXXX Ofac.pdf | PA | Investment | Purchase | NA | XXXXX | XXXXX | N/A | |||
| 2186184 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-XX/XX/XXXX Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Buyer-XX/XX/XXXX Open-Missing Third Party Fraud Report Fraud Report is Missing in the file. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-XX/XX/XXXX Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XX/XX/XXXX | XXXXX final fraud.pdf | PA | Investment | Purchase | NA | XXXXX | XXXXX | N/A | ||||
| 2186184 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Waived | 2 - Non-Material | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Lender provided approved exception dated prior to origination and all lender compensation factors have been documented and validated. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Buyer-XX/XX/XXXX Open-Housing History Does Not Meet Guideline Requirements In accordance with lender guidelines (Section 3.4.2), DSCR loans for borrowers residing rent-free require management review and exception. Currently, the audit team is unable to locate the documented approval for this exception in the loan file. - Due Diligence Vendor-XX/XX/XXXX |
Waived-Lender provided approved exception dated prior to origination and all lender compensation factors have been documented and validated. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-XX/XX/XXXX | Exception.pdf | DSCR 1.106>1.00% min reserves 227 mo, 221>6 mo min FICO 708, 48>660 min |
PA | Investment | Purchase | NA | XXXXX | XXXXX | Yes | |||
| 2189433 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Missing Doc | Hazard Insurance Policy is Partial | Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Buyer-XX/XX/XXXX Open-The hazard insurance premium is missing from the policy document, not to exceed $868.44 annually. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-XX/XX/XXXX | hoi.pdf | NJ | Investment | Refinance | Cash Out - Other | XXXXX | XXXXX | N/A | ||||
| 2189434 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Missing Doc | Hazard Insurance Policy is Partial | Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Buyer-XX/XX/XXXX Open-The hazard insurance premium is missing from the policy document, annual premium not to exceed $955.56. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-XX/XX/XXXX | hoi.pdf | NJ | Investment | Refinance | Cash Out - Other | XXXXX | XXXXX | N/A | ||||
| 2189424 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Waived | 2 - Non-Material | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Waived-Lender provided approved exception dated prior to consummation and all lender compensation factors have been documented and validated. Finding is non-material and loan will be graded a B. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Buyer-XX/XX/XXXX Open-Audited Reserves of 4.45 month(s) are less than Guideline Required Reserves of 6 month(s) - Due Diligence Vendor-XX/XX/XXXX |
Waived-Lender provided approved exception dated prior to consummation and all lender compensation factors have been documented and validated. Finding is non-material and loan will be graded a B. - Due Diligence Vendor-XX/XX/XXXX | Exception.pdf | 798 FICO greater than700 minimum DTI 24% is lower than the 45% Maximum Residual Income of 17K Self-employed 14 yrs greater than minimum of 2 yrs. |
FL | Primary Residence | Purchase | NA | XXXXX | XXXXX | Yes | |||
| 2189424 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Waived | 2 - Non-Material | Credit | Assets | Total Qualified Assets for Reserves Post-Close is less than Total Required Reserve Amount | Waived-Lender provided approved exception dated prior to consummation and all lender compensation factors have been documented and validated. Finding is non-material and loan will be graded a B. - Due Diligence Vendor-XX/XX/XXXX Waived-Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Buyer-XX/XX/XXXX Open-Total Qualified Assets for Reserves Post-Close of $22836.27 is less than Total Required Reserve Amount of $30798.72 - Due Diligence Vendor-XX/XX/XXXX |
798 FICO greater than700 minimum DTI 24% is lower than the 45% Maximum Residual Income of 17K Self-employed 14 yrs greater than minimum of 2 yrs. - XX/XX/XXXX |
Waived-Lender provided approved exception dated prior to consummation and all lender compensation factors have been documented and validated. Finding is non-material and loan will be graded a B. - Due Diligence Vendor-XX/XX/XXXX Waived-Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-XX/XX/XXXX | Exception.pdf | 798 FICO greater than700 minimum DTI 24% is lower than the 45% Maximum Residual Income of 17K Self-employed 14 yrs greater than minimum of 2 yrs. |
FL | Primary Residence | Purchase | NA | XXXXX | XXXXX | Yes | ||
| 2189600 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Missing Doc | Invoice - Missing or Incomplete | Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Buyer-XX/XX/XXXX Open-Invoice - Missing or Incomplete. Audit could not verify appraisal fees totaling $785, $225 and $90 due to missing invoices. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-XX/XX/XXXX | invoice.pdf | AL | Investment | Refinance | No Cash Out - Borrower Initiated | XXXXX | XXXXX | N/A | ||||
| 2189607 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Missing Doc | Missing Final Loan Calculations | Resolved-The final loan calculations provided, condition resolved. - Due Diligence Vendor-XX/XX/XXXX Resolved- - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Due Diligence Vendor-XX/XX/XXXX Open-The subject loan is subject to predatory lending testing. Provide the final loan calculations (TOP, Finance Charge, APR) for accurate testing, either on the final CD or as an addendum to the Settlement Statement. The loan is subject to high-cost testing for DSCR loans in Illinois, Minnesota, and Virginia. Please provide the final loan calculations (Total of Payments, Finance Charge, APR, and Amount Financed) via the final Closing Disclosure (CD), Truth in Lending (TIL) statement, or as a Settlement Statement addendum to ensure accurate testing. - Due Diligence Vendor-XX/XX/XXXX |
doc uploaded - XX/XX/XXXX | Resolved-The final loan calculations provided, condition resolved. - Due Diligence Vendor-XX/XX/XXXX | XXXXX.pdf | IL | Investment | Purchase | NA | XXXXX | XXXXX | N/A | |||
| 2189602 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Missing Doc | TRID: Missing Closing Disclosure | Resolved-TRID: Final Closing Disclosure Provided - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Buyer-XX/XX/XXXX Counter-After review of documents provided the final closing disclosure was not provided - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Buyer-XX/XX/XXXX Open-TRID: Missing Final Closing Disclosure - Due Diligence Vendor-XX/XX/XXXX |
Resolved-TRID: Final Closing Disclosure Provided - Due Diligence Vendor-XX/XX/XXXX | XXXXX Counsel List Ack.pdf XXXXX NY Disclosure.pdf XXXXX Privacy.pdf XXXXX ILE.pdf XXXXX SSPL.pdf XXXXX Counsel List.pdf Disclosures - XXXXX.pdf XXXXX Final CD.pdf |
NY | Primary Residence | Purchase | NA | XXXXX | XXXXX | N/A | ||||
| 2189602 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Missing Doc | Loan Estimate disclosure is missing or incomplete | Resolved-Lender provided the initial Loan Estimate. - Due Diligence Vendor-XX/XX/XXXX Counter-Lender provided the initial Loan Estimate. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Seller-XX/XX/XXXX Open-Loan Estimate disclosure is missing or incomplete - Due Diligence Vendor-XX/XX/XXXX |
Ready for Review-Document Uploaded. - Seller-XX/XX/XXXX | Resolved-Lender provided the initial Loan Estimate. - Due Diligence Vendor-XX/XX/XXXX | XXXXX Counsel List Ack.pdf XXXXX Privacy.pdf XXXXX SSPL.pdf XXXXX NY Disclosure.pdf XXXXX Counsel List.pdf XXXXX ILE.pdf Disclosures - XXXXX.pdf |
NY | Primary Residence | Purchase | NA | XXXXX | XXXXX | N/A | |||
| 2189602 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | TRID | Initial Closing Disclosure timing requirement not met | Resolved-Lender provided the initial CD - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Buyer-XX/XX/XXXX Open-The initial CD is missing from the loan file. Compliance will be re-reviewed upon receipt. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Lender provided the initial CD - Due Diligence Vendor-XX/XX/XXXX | XXXXX Counsel List Ack.pdf XXXXX NY Disclosure.pdf XXXXX Privacy.pdf XXXXX SSPL.pdf XXXXX ILE.pdf XXXXX Counsel List.pdf Disclosures - XXXXX.pdf |
NY | Primary Residence | Purchase | NA | XXXXX | XXXXX | N/A | ||||
| 2189602 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Disclosure | Missing “What Mortgage Applicants Need to Know” Pamphlet | Resolved-Disclosure provided. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Buyer-XX/XX/XXXX Open-Missing the New York pamphlet “What Mortgage Applicants Need to Know” which must be provided by licensed lenders, mortgage bankers and other banking organizations effective XX/XX/XXXX. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Disclosure provided. - Due Diligence Vendor-XX/XX/XXXX | XXXXX Counsel List Ack.pdf XXXXX Privacy.pdf XXXXX NY Disclosure.pdf XXXXX SSPL.pdf XXXXX ILE.pdf XXXXX Counsel List.pdf Disclosures - XXXXX.pdf |
NY | Primary Residence | Purchase | NA | XXXXX | XXXXX | N/A | ||||
| 2189602 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Missing Doc | Homeownership Counseling Organizations Disclosure Missing or Incomplete | Resolved-Homeownership Counseling Disclosure Is Present or Not Applicable - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Buyer-XX/XX/XXXX Open-Homeownership Counseling Organizations Disclosure Missing or Incomplete - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Homeownership Counseling Disclosure Is Present or Not Applicable - Due Diligence Vendor-XX/XX/XXXX | XXXXX Counsel List Ack.pdf XXXXX Privacy.pdf XXXXX NY Disclosure.pdf XXXXX ILE.pdf XXXXX SSPL.pdf XXXXX Counsel List.pdf Disclosures - XXXXX.pdf |
NY | Primary Residence | Purchase | NA | XXXXX | XXXXX | N/A | ||||
| 2189602 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Missing Doc | Privacy Notice Required - Missing or Incomplete | Resolved-Privacy Notice provided. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Buyer-XX/XX/XXXX Open-Privacy Notice Required - Missing or Incomplete. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Privacy Notice provided. - Due Diligence Vendor-XX/XX/XXXX | XXXXX Privacy.pdf | NY | Primary Residence | Purchase | NA | XXXXX | XXXXX | N/A | ||||
| 2189604 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX Open-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX |
Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX | IN | Primary Residence | Refinance | Cash Out - Other | XXXXX | XXXXX | No | |||||
| 2189606 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-The finding is acknowledged and will be graded a B or non-material for S&P only. - Due Diligence Vendor-XX/XX/XXXX Open-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX |
Acknowledged-The finding is acknowledged and will be graded a B or non-material for S&P only. - Due Diligence Vendor-XX/XX/XXXX | FL | Primary Residence | Purchase | NA | XXXXX | XXXXX | No | |||||
| 2194150 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Missing Doc | Missing Condo Master Insurance Policy | Resolved-Lender provided the condo Master insurance policy. - Due Diligence Vendor-XX/XX/XXXX Resolved-Condo Master Insurance Policy is fully present - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Buyer-XX/XX/XXXX Open-Missing Condo Master Insurance Policy - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Lender provided the condo Master insurance policy. - Due Diligence Vendor-XX/XX/XXXX Resolved-Condo Master Insurance Policy is fully present - Due Diligence Vendor-XX/XX/XXXX | Master.pdf | CA | Second Home | Purchase | NA | XXXXX | XXXXX | N/A | ||||
| 2194145 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Waived | 2 - Non-Material | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Lender provided approved exception dated prior to origination and all lender compensation factors have been documented and validated. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Buyer-XX/XX/XXXX Open-Housing History Does Not Meet Guideline Requirements In accordance with lender guidelines (Section 3.4.2), DSCR loans for borrowers residing rent-free require management review and exception. Currently, the audit team is unable to locate the documented approval for this exception in the loan file. - Due Diligence Vendor-XX/XX/XXXX |
Waived-Lender provided approved exception dated prior to origination and all lender compensation factors have been documented and validated. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-XX/XX/XXXX | Exception.pdf | FICO 682, 22>660 Min DSCR 1.3644, 0.3644>1.00 Min Res 38 mon, 32 mon>6 mon Min |
LA | Investment | Refinance | Cash Out - Other | XXXXX | XXXXX | Yes | |||
| 2194144 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Missing Doc | Invoice - Missing or Incomplete | Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Buyer-XX/XX/XXXX Open-Invoice - Missing or Incomplete. Audit could not verify appraisal fees totaling $760 and $120 due to missing invoices. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-XX/XX/XXXX | Invoice.pdf | MS | Investment | Purchase | NA | XXXXX | XXXXX | N/A | ||||
| 2194143 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Missing Doc | Missing Alimony/Child Support Documentation | Resolved-Lender provided the child support documentation. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Buyer-XX/XX/XXXX Open-Missing verification of the amount of alimony/child support. Child support & Divorce Certificate documents are missing to verify in child support alimony. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Lender provided the child support documentation. - Due Diligence Vendor-XX/XX/XXXX | XXXXX Assets.pdf XXXXX URLA.pdf XXXXX DIV DECREE.pdf |
IL | Investment | Purchase | NA | XXXXX | XXXXX | N/A | ||||
| 2194143 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Disclosure | E-Consent documentation is missing for borrower(s) | Resolved-Lender provided the E-consent document - Due Diligence Vendor-XX/XX/XXXX Resolved-E-Consent documentation for borrower(s) provided. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Buyer-XX/XX/XXXX Open-E-Consent documentation is missing for borrower(s). - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Lender provided the E-consent document - Due Diligence Vendor-XX/XX/XXXX Resolved-E-Consent documentation for borrower(s) provided. - Due Diligence Vendor-XX/XX/XXXX | XXXXX Econsent.pdf | IL | Investment | Purchase | NA | XXXXX | XXXXX | N/A | ||||
| 2194151 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX Open-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX |
Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX | CA | Primary Residence | Purchase | NA | XXXXX | XXXXX | No | |||||
| 2194152 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Assets | Total Qualified Assets for Reserves Post-Close is less than Total Required Reserve Amount | Resolved-Total Qualified Assets for Reserves Post-Close of $71244.24 is equal to or greater than Total Required Reserve Amount of $10968.46 - Due Diligence Vendor-XX/XX/XXXX Resolved-Total Qualified Assets for Reserves Post-Close of $71244.24 is equal to or greater than Total Required Reserve Amount of $10968.46 - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. funds from simultaneous closing - Buyer-XX/XX/XXXX Open-Total Qualified Assets for Reserves Post-Close of $9718.31 is less than Total Required Reserve Amount of $10968.46 - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Total Qualified Assets for Reserves Post-Close of $71244.24 is equal to or greater than Total Required Reserve Amount of $10968.46 - Due Diligence Vendor-XX/XX/XXXX Resolved-Total Qualified Assets for Reserves Post-Close of $71244.24 is equal to or greater than Total Required Reserve Amount of $10968.46 - Due Diligence Vendor-XX/XX/XXXX | HUD.pdf | NJ | Investment | Refinance | Cash Out - Other | XXXXX | XXXXX | N/A | ||||
| 2194152 | XXXXX | XXXXX | XXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Audited Reserves of 12.99 month(s) are greater than or equal to Guideline Required Reserves of 2 month(s) - Due Diligence Vendor-XX/XX/XXXX Resolved-Audited Reserves of 12.99 month(s) are greater than or equal to Guideline Required Reserves of 2 month(s) - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. funds from simultaneous closing - Buyer-XX/XX/XXXX Open-Audited Reserves of 1.77 month(s) are less than Guideline Required Reserves of 2 month(s) - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Audited Reserves of 12.99 month(s) are greater than or equal to Guideline Required Reserves of 2 month(s) - Due Diligence Vendor-XX/XX/XXXX Resolved-Audited Reserves of 12.99 month(s) are greater than or equal to Guideline Required Reserves of 2 month(s) - Due Diligence Vendor-XX/XX/XXXX | HUD.pdf | NJ | Investment | Refinance | Cash Out - Other | XXXXX | XXXXX | N/A |