MORGAN STANLEY RESIDENTIAL MORTGAGE LOAN TRUST 2026-NQM9 ABS-15G
Exhibit 99.3 - Schedule 1
| Loan ID | Seller Loan ID | Redaction ID | Overall Initial Loan Grade | Overall Final Loan Grade | Credit Initial Loan Grade | Credit Current/Final Loan Grade | Compliance Initial Loan Grade | Compliance Current/Final Loan Grade | Property Initial Loan Grade | Property Current/Final Loan Grade | Queue | Finding Code | Date Created | Date Modified | Finding Status | Event Level | Initial Finding Grade | Current/Final Finding Grade | Finding Category | Finding Sub Category | Finding Name | Finding Comments | Seller Comments | Resolution Comments | Reviewer Comp Factor | Originator Comp Factors | Finding Documents | Originator QM Status | Final Reviewed QM Status | Loan Amount | Property State | Occupancy | Loan Purpose | Refinance Purpose | Acknowledged / WaivedBy | Waiver in File? | Unique Finding ID |
| XXXX | XXXX | 9212935 | D | B | D | A | C | B | A | A | Closed | FCRE5790 | 2025-08-14 14:08 | 2025-08-27 12:46 | Resolved | 1 - Information | C | A | Credit | Closing | Borrower 1 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date) | Resolved-Received Gap Report. - Due Diligence Vendor-08/27/2025 Ready for Review-Document Uploaded. Debit monitoring XXXX - Seller-08/25/2025 Counter-Received UDM dated XXXX-please provide updated report within 10 days of closing or after. - Due Diligence Vendor-08/20/2025 Ready for Review-Document Uploaded. Debit Monitoring report - Seller-08/19/2025 Open-Borrower 1 Gap Credit Report is Expired (Greater than 10 days from Closing/Settlement Date). - Due Diligence Vendor-08/14/2025 |
Ready for Review-Document Uploaded. Debit monitoring XXXX - Seller-08/25/2025 Ready for Review-Document Uploaded. Debit Monitoring report - Seller-08/19/2025 |
Resolved-Received Gap Report. - Due Diligence Vendor-08/27/2025 |
Months Reserves exceed minimum required - Months reserves required is 3; qualifying reserves is 89.89 months. Qualifying FICO score is at least 20 points above minimum for program - Minimum FICO is 660; qualifying FICO is 749. |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 5181277 | |
| XXXX | XXXX | 9212935 | D | B | D | A | C | B | A | A | Closed | finding-3634 | 2025-08-12 16:16 | 2025-08-27 08:54 | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Received COC for Rate Lock Extension. Finding resolved. - Due Diligence Vendor-08/27/2025 Ready for Review-Document Uploaded. rate lock ext - Buyer-08/25/2025 Counter-Received copy of XXXX, provide COC or document from lender for increase of $424.20. - Due Diligence Vendor-08/20/2025 Ready for Review-Document Uploaded. Compliance report - Seller-08/19/2025 Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $424.20.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). Zero (0%) tolerance fees increased by $424.20 (NC Rate Lock Extension) without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of $424.20, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Statute of Limitations 1 year- Expiration date is XXXX. - Due Diligence Vendor-08/12/2025 |
Ready for Review-Document Uploaded. Compliance report - Seller-08/19/2025 |
Resolved-Received COC for Rate Lock Extension. Finding resolved. - Due Diligence Vendor-08/27/2025 |
Months Reserves exceed minimum required - Months reserves required is 3; qualifying reserves is 89.89 months. Qualifying FICO score is at least 20 points above minimum for program - Minimum FICO is 660; qualifying FICO is 749. |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 5152260 | |
| XXXX | XXXX | 9212935 | D | B | D | A | C | B | A | A | Closed | FCRE1201 | 2025-08-14 14:14 | 2025-08-20 11:50 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Received fraud report. - Due Diligence Vendor-08/20/2025 Ready for Review-Document Uploaded. Drive report - Seller-08/19/2025 Open-Missing Third Party Fraud Report Fraud Report is missing. - Due Diligence Vendor-08/14/2025 |
Ready for Review-Document Uploaded. Drive report - Seller-08/19/2025 |
Resolved-Received fraud report. - Due Diligence Vendor-08/20/2025 |
Months Reserves exceed minimum required - Months reserves required is 3; qualifying reserves is 89.89 months. Qualifying FICO score is at least 20 points above minimum for program - Minimum FICO is 660; qualifying FICO is 749. |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 5181399 | |
| XXXX | XXXX | 9212935 | D | B | D | A | C | B | A | A | Closed | FCRE0112 | 2025-08-14 14:17 | 2025-08-20 11:49 | Resolved | 1 - Information | C | A | Credit | Eligibility | Approval/Underwriting Summary Not Provided_3 | Resolved-Received 1008 - Due Diligence Vendor-08/20/2025 Ready for Review-Document Uploaded. Final 1008 - Buyer-08/19/2025 Open-Approval/Underwriting Summary Not Provided. 1008 not provided. - Due Diligence Vendor-08/14/2025 |
Resolved-Received 1008 - Due Diligence Vendor-08/20/2025 |
Months Reserves exceed minimum required - Months reserves required is 3; qualifying reserves is 89.89 months. Qualifying FICO score is at least 20 points above minimum for program - Minimum FICO is 660; qualifying FICO is 749. |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 5181486 | ||
| XXXX | XXXX | 9212935 | D | B | D | A | C | B | A | A | Closed | FCOM5135 | 2025-08-13 09:43 | 2025-08-13 09:43 | Waived | 2 - Non-Material | B | B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings. - Due Diligence Vendor-08/13/2025 | Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings. - Due Diligence Vendor-08/13/2025 |
Months Reserves exceed minimum required - Months reserves required is 3; qualifying reserves is 89.89 months. Qualifying FICO score is at least 20 points above minimum for program - Minimum FICO is 660; qualifying FICO is 749. |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | Investor Post-Close | No | 5159586 | |||
| XXXX | 10100946 | D | A | D | A | C | A | A | A | Closed | finding-3634 | 2026-03-06 17:09 | 2026-03-11 13:24 | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Received CD XXXX and COC's. Finding Resolved. - Due Diligence Vendor-03/11/2026 Ready for Review-Document Uploaded. CD XXXX along with confirmation of delivery provided. Please clear. - Seller-03/10/2026 Counter-----COC's provided for the changes are more than 3 days prior to the Final CD. XXXX. Finding Remains. - Due Diligence Vendor-03/10/2026 Ready for Review-Document Uploaded. COCs provided, please clear. - Seller-03/10/2026 Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $776.88.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).-----*NEW* [Received updated loan package] - Zero (0%) tolerance fees increased by $776.88 (Loan Points ($62.50), and Rate Lock Extension Fee ($714.38)) without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of $776.88, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Statute of Limitations - 3 Years; Expiration Date: XXXX. - Due Diligence Vendor-03/06/2026 |
Ready for Review-Document Uploaded. CD XXXX along with confirmation of delivery provided. Please clear. - Seller-03/10/2026 Ready for Review-Document Uploaded. COCs provided, please clear. - Seller-03/10/2026 |
Resolved-Received CD XXXX and COC's. Finding Resolved. - Due Diligence Vendor-03/11/2026 |
Months Reserves exceed minimum required - 6 months required, subject 26.99 Qualifying DTI below maximum allowed - Required is 50 Borrower has 40.38 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Second Home | Refinance | Cash Out - Other | N/A | N/A | 7980599 | ||
| XXXX | 10100946 | D | A | D | A | C | A | A | A | Closed | FCRE1440 | 2025-12-11 15:51 | 2026-02-27 17:27 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received missing payment history. - Due Diligence Vendor-12/24/2025 Ready for Review-Document Uploaded. Requested VOM provided, please clear finding. - Seller-12/22/2025 Open-Housing History Does Not Meet Guideline Requirements Missing verification of mortgage history payments for the subject from 11/24 to 3/25 - Due Diligence Vendor-12/11/2025 |
Ready for Review-Document Uploaded. Requested VOM provided, please clear finding. - Seller-12/22/2025 |
Resolved-Received missing payment history. - Due Diligence Vendor-12/24/2025 |
Months Reserves exceed minimum required - 6 months required, subject 26.99 Qualifying DTI below maximum allowed - Required is 50 Borrower has 40.38 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Second Home | Refinance | Cash Out - Other | N/A | N/A | 6592606 | ||
| XXXX | 10100946 | D | A | D | A | C | A | A | A | Closed | finding-3652 | 2025-12-07 19:03 | 2025-12-31 08:20 | Resolved | 1 - Information | C | A | Compliance | TRID | Lender Credits That Cannot Decrease Test | Resolved-Rec'd COC. Finding resolved. - Due Diligence Vendor-12/31/2025 Ready for Review-Document Uploaded. Per LOS screenshot provided, reduction in lender credit was documented due to borrower changing occupancy from primary residence to Secondary residence. This resultedin a change of pricing. Please clear finding. - Seller-12/29/2025 Counter------Received COC for decrease in lender credits. Explanation, borrower requests lender credit to pay closing costs is not valid for reduction in credit. Finding remains. - Due Diligence Vendor-12/16/2025 Ready for Review-Document Uploaded. COC for lender credit decrease provided. Please clear finding. - Seller-12/15/2025 Open-This loan failed the lender credits that cannot decrease test. ( 12 CFR §1026.19(e)(3)(i) )The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits ($0.00) does not exceed or equal the comparable sum of specific and non-specific lender credits ($238.00). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). -----Lender credit decreased from $238.00 to $0.00 without a valid COC in file. Provide a COC for decrease OR evidence of refund to borrower or principal reduction in the amount of $0 post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Reduction in Lender credits must be directly related to fees and must offset closing cost equally. Statute of Limitations 3 years- Expiration date is XXXX. - Due Diligence Vendor-12/08/2025 |
Ready for Review-Document Uploaded. Per LOS screenshot provided, reduction in lender credit was documented due to borrower changing occupancy from primary residence to Secondary residence. This resultedin a change of pricing. Please clear finding. - Seller-12/29/2025 Ready for Review-Document Uploaded. COC for lender credit decrease provided. Please clear finding. - Seller-12/15/2025 |
Resolved-Rec'd COC. Finding resolved. - Due Diligence Vendor-12/31/2025 |
Months Reserves exceed minimum required - 6 months required, subject 26.99 Qualifying DTI below maximum allowed - Required is 50 Borrower has 40.38 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Second Home | Refinance | Cash Out - Other | N/A | N/A | 6521110 | ||
| XXXX | 10100946 | D | A | D | A | C | A | A | A | Closed | FCRE1292 | 2025-12-11 17:47 | 2025-12-23 06:04 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income 1 Months Income Verified is Missing | Resolved-Received confirmation from the lender that the $3,900 deposit represents the rent deposits for June through August. - Due Diligence Vendor-12/23/2025 Counter-Received bank statement showing deposit of $3,900. Bank statement does not reflect deposit origin and amount exceeds monthly rents. Provide confirmation deposit represents 3 months rents deposited. - Due Diligence Vendor-12/16/2025 Ready for Review-Document Uploaded. June 2025 through September 2025 rent received in the amount of $3900.00 shown on the bank statement. Please clear finding. - Seller-12/15/2025 Open-Income 1 Months Income Verified is Missing Verification of the $1,300 rent was not identified in the file. Proof of 2 months receipt of the $1,300 is required. Additional stipulations may apply. - Due Diligence Vendor-12/11/2025 |
Ready for Review-Document Uploaded. June 2025 through September 2025 rent received in the amount of $3900.00 shown on the bank statement. Please clear finding. - Seller-12/15/2025 |
Resolved-Received confirmation from the lender that the $3,900 deposit represents the rent deposits for June through August. - Due Diligence Vendor-12/23/2025 |
Months Reserves exceed minimum required - 6 months required, subject 26.99 Qualifying DTI below maximum allowed - Required is 50 Borrower has 40.38 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Second Home | Refinance | Cash Out - Other | N/A | N/A | 6594578 | ||
| XXXX | 10100946 | D | A | D | A | C | A | A | A | Closed | FCRE1278 | 2025-12-11 16:24 | 2025-12-23 06:02 | Resolved | 1 - Information | C | A | Credit | Eligibility | Escrow waiver guidelines were not met | Resolved-Lender confirmed the escrow waiver was allowed on this loan. - Due Diligence Vendor-12/23/2025 Counter-Escrows are required on program. Please provide exception. - Due Diligence Vendor-12/16/2025 Ready for Review-Document Uploaded. Guidelines do require escrows, however we allow a waiver with a price add. The fact that the guidelines state “require” only establishes the fact that if allowed by law, escrows will be on the loan. It does not mean that under no circumstances can they be waived, it just sets the baseline that they must be placed on each loan and waiving will require the price add. This has been addressed previously and cleared based on this logic. Please see loan XXXX. - Seller-12/15/2025 Open-Escrows were waived. Per the applicable guidelines XXXX loans require escrows. - Due Diligence Vendor-12/11/2025 |
Ready for Review-Document Uploaded. Guidelines do require escrows, however we allow a waiver with a price add. The fact that the guidelines state “require” only establishes the fact that if allowed by law, escrows will be on the loan. It does not mean that under no circumstances can they be waived, it just sets the baseline that they must be placed on each loan and waiving will require the price add. This has been addressed previously and cleared based on this logic. Please see loan XXXX. - Seller-12/15/2025 |
Resolved-Lender confirmed the escrow waiver was allowed on this loan. - Due Diligence Vendor-12/23/2025 |
Months Reserves exceed minimum required - 6 months required, subject 26.99 Qualifying DTI below maximum allowed - Required is 50 Borrower has 40.38 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Second Home | Refinance | Cash Out - Other | N/A | N/A | 6593202 | ||
| XXXX | 10100946 | D | A | D | A | C | A | A | A | Closed | FCRE7497 | 2025-12-11 18:01 | 2025-12-16 14:26 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received confirmation no HOA. - Due Diligence Vendor-12/16/2025 Ready for Review-Document Uploaded. No HOA for property XXXX please clear finding. - Seller-12/15/2025 Open-Missing verification of any HOA dues on Property XXXX - Due Diligence Vendor-12/11/2025 |
Ready for Review-Document Uploaded. No HOA for property 3B, please clear finding. - Seller-12/15/2025 |
Resolved-Received confirmation no HOA. - Due Diligence Vendor-12/16/2025 |
Months Reserves exceed minimum required - 6 months required, subject 26.99 Qualifying DTI below maximum allowed - Required is 50 Borrower has 40.38 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Second Home | Refinance | Cash Out - Other | N/A | N/A | 6594735 | ||
| XXXX | 10100946 | D | A | D | A | C | A | A | A | Closed | FCRE1510 | 2025-12-11 13:28 | 2025-12-16 14:21 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-12/16/2025 Ready for Review-Document Uploaded. Deed of trust with legal description provided. Please clear finding. - Seller-12/15/2025 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. The Legal description was not attached to the mortgage. - Due Diligence Vendor-12/11/2025 |
Ready for Review-Document Uploaded. Deed of trust with legal description provided. Please clear finding. - Seller-12/15/2025 |
Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-12/16/2025 |
Months Reserves exceed minimum required - 6 months required, subject 26.99 Qualifying DTI below maximum allowed - Required is 50 Borrower has 40.38 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Second Home | Refinance | Cash Out - Other | N/A | N/A | 6588965 | ||
| XXXX | XXXX | 10066020 | D | A | D | A | A | A | A | A | Closed | FCRE1151 | 2025-12-30 17:49 | 2026-01-08 14:27 | Resolved | 1 - Information | C | A | Credit | Title | Satisfactory Chain of Title not Provided | Resolved-Received Satisfactory Chain of Title - Due Diligence Vendor-01/08/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-01/06/2026 Counter-Received Title. Title did not document current ownership more than 24 months to document 24 months chain of title. Finding remains. - Due Diligence Vendor-01/02/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-12/31/2025 Open-Unsatisfactory Chain of Title provided. Missing required 24 Month Chain of Title - Due Diligence Vendor-12/30/2025 |
Ready for Review-Document Uploaded. Supporting Document - Seller-01/06/2026 |
Resolved-Received Satisfactory Chain of Title - Due Diligence Vendor-01/08/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 769 LTV is less than guideline maximum - Required is 75 Borrower has 62.91 Months Reserves exceed minimum required - Reserves: 37 Min 12 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 6862165 | |
| XXXX | XXXX | 10066020 | D | A | D | A | A | A | A | A | Closed | FCOM1351 | 2025-12-30 17:44 | 2026-01-06 11:41 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Guaranty Agreement Missing | Resolved-Received Guaranty Agreement. - Due Diligence Vendor-01/06/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-01/05/2026 Counter-Received Business Purpose Affidavit. Finding is requesting Guaranty. - Due Diligence Vendor-01/02/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-12/31/2025 Open-The Subject Loan is a Business Purpose Loan but the Guaranty Agreement Doc is 'Missing'. Missing Personal Guaranty signed as an individual; documents provided signed as LLC. - Due Diligence Vendor-12/30/2025 |
Ready for Review-Document Uploaded. Supporting Document - Seller-12/31/2025 |
Resolved-Received Guaranty Agreement. - Due Diligence Vendor-01/06/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 769 LTV is less than guideline maximum - Required is 75 Borrower has 62.91 Months Reserves exceed minimum required - Reserves: 37 Min 12 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 6862140 | |
| XXXX | XXXX | 10066020 | D | A | D | A | A | A | A | A | Closed | FCRE1509 | 2025-12-30 18:50 | 2026-01-02 12:53 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Note Document | Resolved-Received PPP Addendum. - Due Diligence Vendor-01/02/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-12/31/2025 Open-There are Issues Present on the Note that must be addressed. Missing Prepayment Addendum to Note. Terms to be reviewed and confirmed upon receipt/review of missing document. - Due Diligence Vendor-12/30/2025 |
Ready for Review-Document Uploaded. Supporting Document - Seller-12/31/2025 |
Resolved-Received PPP Addendum. - Due Diligence Vendor-01/02/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 769 LTV is less than guideline maximum - Required is 75 Borrower has 62.91 Months Reserves exceed minimum required - Reserves: 37 Min 12 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 6862644 | |
| XXXX | XXXX | 10156802 | C | A | C | A | A | A | A | A | Closed | FCRE8013 | 2026-02-17 12:08 | 2026-02-19 17:00 | Resolved | 1 - Information | C | A | Credit | Eligibility | Purchase Contract Issue | Resolved-Received ratified purchase contract. - Due Diligence Vendor-02/19/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-02/18/2026 Open-Loan Purpose is Purchase but Purchase Contract is only Partially Provided. Provided fully executed contract of sale. Missing seller signature/initials - Due Diligence Vendor-02/17/2026 |
Resolved-Received ratified purchase contract. - Due Diligence Vendor-02/19/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 790 LTV is less than guideline maximum - Required is 80 Borrower has 70 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7657705 | ||
| XXXX | XXXX | 10179743 | D | A | D | A | A | A | A | A | Closed | FCRE0043 | 2026-03-04 05:40 | 2026-03-05 16:21 | Resolved | 1 - Information | D | A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR Calculation - Due Diligence Vendor-03/05/2026 Ready for Review-Document Uploaded. DSCR WS - Buyer-03/04/2026 Open-The DSCR Calculation from lender is Missing. DSCR Calc not present. - Due Diligence Vendor-03/04/2026 |
Resolved-Received DSCR Calculation - Due Diligence Vendor-03/05/2026 |
LTV is less than guideline maximum - Required is 75 Borrower has 60 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 779 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7913233 | ||
| XXXX | XXXX | 10179743 | D | A | D | A | A | A | A | A | Closed | FCRE0112 | 2026-03-04 05:40 | 2026-03-05 16:21 | Resolved | 1 - Information | C | A | Credit | Eligibility | Approval/Underwriting Summary Not Provided_3 | Resolved-Approval/Underwriting Summary Not Provided. Received 1008 - Due Diligence Vendor-03/05/2026 Ready for Review-Document Uploaded. 1008 - Buyer-03/04/2026 Open-Approval/Underwriting Summary Not Provided. 1008 not provided. - Due Diligence Vendor-03/04/2026 |
Resolved-Approval/Underwriting Summary Not Provided. Received 1008 - Due Diligence Vendor-03/05/2026 |
LTV is less than guideline maximum - Required is 75 Borrower has 60 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 779 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7913234 | ||
| XXXX | XXXX | 10179764 | D | A | D | A | A | A | A | A | Closed | FCRE1158 | 2026-03-06 12:28 | 2026-03-12 11:15 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Hazard Insurance Policy is Partial | Resolved-The HOI Dec was in original PDF but did not make it into XXXX PDF. Uploaded the HOI Dec Page to stip - Due Diligence Vendor-03/12/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-03/11/2026 Open-Hazard Insurance Policy (Or HO-6 Insurance Policy if Subject Property is a Condo) is only Partially Provided Only HOI Invoice provided. Missing Declarations Page. - Due Diligence Vendor-03/06/2026 |
Resolved-The HOI Dec was in original PDF but did not make it into XXXX PDF. Uploaded the HOI Dec Page to stip - Due Diligence Vendor-03/12/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 766 Required is 700 Borrower has 766 LTV is less than guideline maximum - Required is 80 Borrower has 46.65 Required is 80 Borrower has 46.65 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 7974879 | ||
| XXXX | XXXX | 10179764 | D | A | D | A | A | A | A | A | Closed | FCRE7009 | 2026-03-06 12:28 | 2026-03-12 11:15 | Resolved | 1 - Information | C | A | Credit | Insurance | Hazard insurance dwelling coverage is not sufficient | Resolved-The HOI Dec was in original PDF but did not make it into XXXX PDF. Uploaded the HOI Dec Page to stip - Due Diligence Vendor-03/12/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-03/11/2026 Open-Insufficient Coverage Amount for Insured Subject Property. Only HOI Invoice provided. Missing Declarations Page. - Due Diligence Vendor-03/06/2026 |
Resolved-The HOI Dec was in original PDF but did not make it into XXXX PDF. Uploaded the HOI Dec Page to stip - Due Diligence Vendor-03/12/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 766 Required is 700 Borrower has 766 LTV is less than guideline maximum - Required is 80 Borrower has 46.65 Required is 80 Borrower has 46.65 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 7974878 | ||
| XXXX | XXXX | 10179759 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 10200494 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | XXXX | 10200460 | C | B | C | B | A | A | A | A | Closed | FCRE0095 | 2026-03-18 09:45 | 2026-03-31 16:49 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Short Term Rental Income does not meet guidelines | Waived-Client provided a waiver for STR, applied to non material finding with comp factors - Due Diligence Vendor-03/31/2026 Ready for Review-Document Uploaded. exception approval - Buyer-03/30/2026 Counter-Received updated appraisal. Review of guideline 5.1.3 Unscheduled income - Short-term rental income for the subject property in a purchase transaction is not allowed and Form 1007 or 1025 cannot derive market rent based on short-term rental income. A two-year history is required and proof of current receipt of rental income being received is required. ental income from short term leases, XXXX or other vacation rentals (i.e., short?term rentals) are allowed with a two-year history (12 months if doing a one year income program) of receipt - Due Diligence Vendor-03/27/2026 Ready for Review-Document Uploaded. Attached is the revised appraisal to confirm the use of the property by the seller. The revised appraisal states that the property was vacant for the prior yr in order to rehab the property. Hopefully this will be sufficient - Buyer-03/25/2026 Open-Per guidelines a 12-month lookback is required unless one of the following applies: A. New construction properties- completed within 120 days of application. B. Owner-occupied properties by the seller that are being converted to STR by the buyer. C. Properties previously used as long-term rentals that are being converted to STRs may be allowed on an exception basis only. - Due Diligence Vendor-03/18/2026 |
Waived-Client provided a waiver for STR, applied to non material finding with comp factors - Due Diligence Vendor-03/31/2026 |
DSCR % greater than 1.20 - Required is 1 Borrower has 2.785 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 749 |
There will be an Exception LLPA hit of 0.25 that will apply for this specific exception. | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | Investor Post-Close | No | 8182092 | |
| XXXX | XXXX | 10162226 | C | A | C | A | A | A | A | A | Closed | FCRE1510 | 2026-03-11 10:24 | 2026-03-16 08:46 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Prepayment Rider and Assignment of Rents and Leases was provided. - Due Diligence Vendor-03/16/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-03/13/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing Prepayment Rider and Assignment of Rents and Leases described as being annexed to and part of Deed of Trust. - Due Diligence Vendor-03/11/2026 |
Resolved-Prepayment Rider and Assignment of Rents and Leases was provided. - Due Diligence Vendor-03/16/2026 |
Months Reserves exceed minimum required - Reserves: 105 Min 3 DSCR % greater than 1.20 - Required is 0.8 Borrower has 2.041 DSCR: 2.041 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8045669 | ||
| XXXX | XXXX | 10179757 | D | B | D | B | A | A | A | A | Closed | FCRE0095 | 2026-03-14 12:14 | 2026-03-24 15:52 | Resolved | 1 - Information | C | A | Credit | Eligibility | Short Term Rental Income does not meet guidelines | Resolved-Upon further review, the appraiser stated "All of the stated market rents are based on long term." - Due Diligence Vendor-03/24/2026 Ready for Review-Document Uploaded. If a borrower rents a unit via Short Term Rental (STR) but they qualify using the 1007 long term market rent, STR guidelines do not apply. - Buyer-03/23/2026 Counter-Appraisal (Operating Income Statement and page 2) reflects XXXX for unit 1 at $9,000 per month. - Due Diligence Vendor-03/20/2026 Ready for Review-Document Uploaded. appraiser confirmed that the $9,000 Opinion of Market Rent for unit #1 represents long term rent - Buyer-03/18/2026 Counter-Received qualifying rent calculation. Unit 1 income was used. Unit one is the STR. Finding remains. - Due Diligence Vendor-03/17/2026 Ready for Review-Document Uploaded. Short term rents were not used and therefore STR guidelines do not apply. Loan qualified using long term market rents. - Buyer-03/16/2026 Open-The subject transaction is a refinance of a 3-unit property. The 1025 subject rent schedule reflects unit 1 with XXXX income of $9,000 per month, while units 2 and 3 reflect monthly rents. Per guides, short-term rental income requires a 12-month look-back via XXXX statements or 12-months bank statements. A screen shot proving active marketing is required. 1007/1025 rents may be allowed on a case-by-case basis in established markets. The guides also indicate that new construction (within 120 days) or seller-occupied conversions to Short-Term Rentals (STR) don't require 12-month lookbacks/active marketing, provided the appraiser confirms an unrestricted STR market and a Form 1007 or 1025 is provided based on STR comparables. Because the subject property is neither new construction nor was unit 1 previously owner-occupied, the STR income for unit 1 does not meet guidelines because the appraiser did not confirm an unrestricted STR market and there is no documentation to show the STR income from the 1025 was approved on a case-by-case basis. - Due Diligence Vendor-03/14/2026 |
Resolved-Upon further review, the appraiser stated "All of the stated market rents are based on long term." - Due Diligence Vendor-03/24/2026 |
LTV is less than guideline maximum - Required is 70 Borrower has 65 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 720 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8111917 | ||
| XXXX | XXXX | 10179757 | D | B | D | B | A | A | A | A | Closed | FPRO1245 | 2026-03-12 08:08 | 2026-03-18 13:31 | Waived | 2 - Non-Material | D | B | Credit | Missing Doc | Appraisal is Expired | Waived-Client blanket waiver applied to non-material finding with compensating factors. - Due Diligence Vendor-03/18/2026 Open-Primary Value Appraisal is Expired Lender exception in file for use of appraisal recert. Primary Appraisal is older than 180 days. - Due Diligence Vendor-03/12/2026 |
Waived-Client blanket waiver applied to non-material finding with compensating factors. - Due Diligence Vendor-03/18/2026 |
LTV is less than guideline maximum - Required is 70 Borrower has 65 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 720 |
LTV 10% or more above requirement (5% max LTV reduced 5% to 70%, due to STR used) FICO 20 points or more above requirement Reserves 12+months more than requirement (84 mos) |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Investor Post-Close | No | 8067092 | ||
| XXXX | XXXX | 10162219 | D | A | D | A | A | A | A | A | Closed | FCRE0043 | 2026-03-14 16:34 | 2026-03-17 15:56 | Resolved | 1 - Information | D | A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received 1008 with DSCR Calculation - Due Diligence Vendor-03/17/2026 Ready for Review-Document Uploaded. 1008 UW Comments shows the DSCR calc - Buyer-03/16/2026 Open-The DSCR Calculation from lender is Missing. Lender's DSCR calculation is required and missing from the loan file. - Due Diligence Vendor-03/14/2026 |
Resolved-Received 1008 with DSCR Calculation - Due Diligence Vendor-03/17/2026 |
LTV is less than guideline maximum - Required is 75 Borrower has 59.47 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 764 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8112434 | ||
| XXXX | XXXX | 10210129 | B | B | B | B | A | A | A | A | Closed | FCRE0210 | 2026-08-31 12:09 | 2026-08-31 12:14 | Waived | 2 - Non-Material | B | B | Credit | Eligibility | XX Prepayment Penalty Entity Loan - LLC/LP/LLP | Waived-Waiver applied to non-material finding. Loan closed in an Entity Name - Due Diligence Vendor-08/31/2026 Open-XXXX a prepayment penalty may only be applied to corporations, C-Corp and S-Corp specifically. Under XXXX a prepayment penalty is not permitted to be charged to an LLC. - Due Diligence Vendor-08/31/2026 |
Waived-Waiver applied to non-material finding. Loan closed in an Entity Name - Due Diligence Vendor-08/31/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 768 Required is 700 Borrower has 768 LTV is less than guideline maximum - Required is 75 Borrower has 59.49 Required is 75 Borrower has 59.49 DSCR =/> 1.00 and minimum is 0.85 or Less - Required is 0.8 Borrower has 1.001 Required is 0.8 Borrower has 1.001 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Investor Post-Close | No | 11120781 | |||
| XXXX | XXXX | 10210150 | B | B | B | B | A | A | A | A | Closed | FCRE0210 | 2026-08-31 12:16 | 2026-08-31 12:17 | Waived | 2 - Non-Material | B | B | Credit | Eligibility | XX Prepayment Penalty Entity Loan - LLC/LP/LLP | Waived-Waiver applied to non-material finding. Loan closed in entity name. - Due Diligence Vendor-08/31/2026 Open-XXXX a prepayment penalty may only be applied to corporations, C-Corp and S-Corp specifically. Under XXXX a prepayment penalty is not permitted to be charged to an LLC. Waiver applied to non-material finding. Loan closed in entity name. - Due Diligence Vendor-08/31/2026 |
Waived-Waiver applied to non-material finding. Loan closed in entity name. - Due Diligence Vendor-08/31/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 785 LTV is less than guideline maximum - Required is 75 Borrower has 70 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Investor Post-Close | No | 11120947 | |||
| XXXX | XXXX | 10200437 | D | A | D | A | A | A | A | A | Closed | FCRE1198 | 2026-03-23 11:04 | 2026-04-10 13:33 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Received additional asset documentation. Audited Reserves of 9.81 month(s) are greater than or equal to Guideline Required Reserves of 9 month(s) - Due Diligence Vendor-04/10/2026 Ready for Review-Document Uploaded. LOE FOR USE OF BUSINESS FUNDS IN XXXX. JAN XXXX STATEMENT WAS UPLOADED PREVIOUSLY. - Buyer-04/08/2026 Counter-Please provide the 1/2026 Statement for account XXXX, in addition For non DSCR loans, a letter from a CPA, Third-Party Tax Preparer or borrower must be obtained verifying that the withdrawal of funds for the transaction will not have a negative impact on the business. - Due Diligence Vendor-04/08/2026 Ready for Review-Document Uploaded. 1.XXXX OPERATING AGREEMENT 2. FINAL 1003 UPDATED TO SHOW XXXX ASSETS 3. XXXX JAN - IF INCOME IS RECALCULATED, BORROWER INCOME INCREASES. - Buyer-04/06/2026 Ready for Review-Received Business statement for XXXX acct ending on XXXX for Feb 2026, income calculations using Jan 2025-Dec 2025. missing Jan 2026 statement. **Income will be recalculated ** If income changes update on 1008 will also be required. #2- Received XXXX December 2025 for XXXX, Missing operating Agreement for XXXX or CPA letter confirming 100% ownership. #3- Missing revised 1003 to reflect the assets being used. Additional conditions may apply - Due Diligence Vendor-04/06/2026 Ready for Review-Document Uploaded. XXXX DEC STATEMENT - $21,202.39 BALANCE SHOULD SUFFICE TO COVER THE ADDITIONAL MONTH OF RESERVES - Buyer-04/02/2026 Counter-Updated assets for XXXX provided. Reserves are calculating at 8.68 months < 9 months minimum required. - Due Diligence Vendor-03/31/2026 Ready for Review-Document Uploaded. FEB STATEMENT XXXX $115053.69 SUFFICIENT FOR 9 MONTHS RESERVES - Buyer-03/27/2026 Open-Audited Reserves of 3.87 month(s) are less than Guideline Required Reserves of 9 month(s) The loan required 9 months reserves due to the loan amount being above 1.5 million. However, the lender did not document the required reserves. The loan application reflects a checking account with $500,000, however the loan file does not contain a bank account with that balance. The loan file is missing the required reserves. - Due Diligence Vendor-03/23/2026 |
Resolved-Received additional asset documentation. Audited Reserves of 9.81 month(s) are greater than or equal to Guideline Required Reserves of 9 month(s) - Due Diligence Vendor-04/10/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 41.34 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 736 LTV is less than guideline maximum - Required is 75 Borrower has 68.16 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8264817 | ||
| XXXX | XXXX | 10200437 | D | A | D | A | A | A | A | A | Closed | FCRE1325 | 2026-03-23 10:03 | 2026-04-08 13:06 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 CPA Letter Missing | Resolved-Received current CPA Letter. - Due Diligence Vendor-04/08/2026 Ready for Review-Document Uploaded. CPA LETTER AND CPA LICENSE VERIFICATION - Buyer-04/07/2026 Open-Borrower 1 CPA Letter Missing The loan file contains a CPA letter, however, it is dated XXXX which is dated more than 9 months prior to the subject closing. The loan file is missing an updated CPA letter confirming the borrower's self-employment. CPA letter to include whether the use of business funds would impact the business activities. - Due Diligence Vendor-04/06/2026 |
Resolved-Received current CPA Letter. - Due Diligence Vendor-04/08/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 41.34 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 736 LTV is less than guideline maximum - Required is 75 Borrower has 68.16 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8263741 | ||
| XXXX | XXXX | 10200437 | D | A | D | A | A | A | A | A | Closed | FCRE1437 | 2026-03-23 10:03 | 2026-04-08 13:06 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income and Employment Do Not Meet Guidelines | Resolved-Received PITIA - Due Diligence Vendor-03/31/2026 Ready for Review-Document Uploaded. PITI DOCS - REO PROPERTIES - Seller-03/27/2026 Open-Income and Employment Do Not Meet Guidelines Missing verification of taxes, insurance, and/or HOA fees for non-subject properties. Please provide mortgage statements and documentation for payments not included in the monthly mortgage payments for REO's 3b thru 3m. Unable to determine which mortgages go with which investment properties. Additional conditions may apply pending review. - Due Diligence Vendor-03/23/2026 |
Ready for Review-Document Uploaded. PITI DOCS - REO PROPERTIES - Seller-03/27/2026 |
Resolved-Received PITIA - Due Diligence Vendor-03/31/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 41.34 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 736 LTV is less than guideline maximum - Required is 75 Borrower has 68.16 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8263742 | |
| XXXX | XXXX | 10200437 | D | A | D | A | A | A | A | A | Closed | FCRE0116 | 2026-03-23 16:10 | 2026-04-07 13:32 | Resolved | 1 - Information | C | A | Credit | Eligibility | Missing Warrantability Documentation | Resolved-Received UW attestation. - Due Diligence Vendor-04/07/2026 Ready for Review-Document Uploaded. CONDO PROJECT WARRANTY CERT AND CONDO QUESTIONNAIRE - Buyer-04/03/2026 Open-Missing Warrantability Documentation. UW attestation is missing from the loan file - Due Diligence Vendor-03/23/2026 |
Resolved-Received UW attestation. - Due Diligence Vendor-04/07/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 41.34 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 736 LTV is less than guideline maximum - Required is 75 Borrower has 68.16 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8273388 | ||
| XXXX | XXXX | 10200437 | D | A | D | A | A | A | A | A | Closed | FCRE0044 | 2026-03-23 10:46 | 2026-04-07 13:32 | Resolved | 1 - Information | C | A | Credit | Eligibility | File does not contain LOX for credit inquiries | Resolved-Received LOX for credit inquiries - Due Diligence Vendor-03/27/2026 Ready for Review-Document Uploaded. LOE CREDIT INQUIRIES - Seller-03/25/2026 Open-LOX for credit inquiries is missing. An inquiry letter is missing from the loan file. - Due Diligence Vendor-03/23/2026 |
Ready for Review-Document Uploaded. LOE CREDIT INQUIRIES - Seller-03/25/2026 |
Resolved-Received LOX for credit inquiries - Due Diligence Vendor-03/27/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 41.34 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 736 LTV is less than guideline maximum - Required is 75 Borrower has 68.16 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8264491 | |
| XXXX | XXXX | 10200437 | D | A | D | A | A | A | A | A | Closed | FPRO1255 | 2026-03-23 08:24 | 2026-04-07 13:29 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | HOA Questionnaire Document is Missing | Resolved-Received HOA Questionnaire - Due Diligence Vendor-04/07/2026 Ready for Review-Document Uploaded. CONDO PROJECT WARRANTY CERT AND CONDO QUESTIONNAIRE - Seller-04/03/2026 Open-Subject Property is part of an HOA but the HOA Questionnaire Document is Missing. A Condo questionnaire is missing from the loan file to determine if the condo is warrantable and if there is any current litigation against the association. Once received and reviewed, additional conditions may apply. - Due Diligence Vendor-03/23/2026 |
Ready for Review-Document Uploaded. CONDO PROJECT WARRANTY CERT AND CONDO QUESTIONNAIRE - Seller-04/03/2026 |
Resolved-Received HOA Questionnaire - Due Diligence Vendor-04/07/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 41.34 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 736 LTV is less than guideline maximum - Required is 75 Borrower has 68.16 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8262058 | |
| XXXX | XXXX | 10200437 | D | A | D | A | A | A | A | A | Closed | FCRE8701 | 2026-03-23 15:44 | 2026-03-27 09:13 | Resolved | 1 - Information | C | A | Credit | Borrower | Business Entity Formation Document is Missing | Resolved-Received EIN - Due Diligence Vendor-03/27/2026 Ready for Review-Document Uploaded. EIN LETTER - XXXX- Seller-03/27/2026 Open-The Business Entity Formation Document is Missing. Missing the EIN document. The W-9 is not acceptable - Due Diligence Vendor-03/23/2026 |
Ready for Review-Document Uploaded. EIN LETTER - XXXX - Seller-03/27/2026 |
Resolved-Received EIN - Due Diligence Vendor-03/27/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 41.34 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 736 LTV is less than guideline maximum - Required is 75 Borrower has 68.16 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8272751 | |
| XXXX | XXXX | 10200476 | D | B | D | B | A | A | A | A | Closed | FCRE1200 | 2026-04-01 10:46 | 2026-08-31 11:58 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Audited Loan Amount is less than Guideline Minimum Loan Amount | Waived-Client provided a waiver for loan amount, applied to non material finding with reviewed comp factors - Due Diligence Vendor-04/23/2026 Ready for Review-Document Uploaded. exception request form - Seller-04/21/2026 Counter-Received email for approval. Please provide missing Exception request form. - Due Diligence Vendor-04/21/2026 Ready for Review-Document Uploaded. EXCEPTION APPROVAL - Buyer-04/20/2026 Open-Audited Loan Amount is less than the Guideline Minimum Loan Amount of $100000 The minimum loan amount per the lender matrix is $100,000. The subject loan closed with a loan amount of XXXX. The loan file is missing an exception request to allow a loan amount which is less than the minimum allowed. - Due Diligence Vendor-04/01/2026 |
Ready for Review-Document Uploaded. exception request form - Seller-04/21/2026 |
Waived-Client provided a waiver for loan amount, applied to non material finding with reviewed comp factors - Due Diligence Vendor-04/23/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 775 LTV is less than guideline maximum - Required is 75 Borrower has 70 |
There will be an Exception LLPA hit of 0.25 that will apply for this specific exception | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Investor Post-Close | No | 8428557 |
| XXXX | XXXX | 10200476 | D | B | D | B | A | A | A | A | Closed | FCRE1491 | 2026-04-01 10:32 | 2026-05-01 13:23 | Resolved | 1 - Information | C | A | Credit | Assets | Asset Qualification Does Not Meet Guideline Requirements | Resolved-Received Source of funds used to purchase the subject. - Due Diligence Vendor-05/01/2026 Ready for Review-Document Uploaded. SOURCE OF FUNDS - Seller-04/29/2026 Counter-Received Settlement statement. Please provide the source of funds used to purchase the subject. - Due Diligence Vendor-04/23/2026 Ready for Review-Document Uploaded. SETTLEMENT STMT FROM PURCHASE OF SUBJECT PROPERTY - Buyer-04/22/2026 Open-Asset Qualification Does Not Meet Guideline Requirements The subject property was purchased for cash and the subject transaction is delayed financing. The subject guidelines required "The source of funds for the purchase transaction are documented (such as bank statements, personal loan documents, or a HELOC on another property). However, the loan file is missing the documentation for when the borrowers purchased the subject property. - Due Diligence Vendor-04/01/2026 |
Ready for Review-Document Uploaded. SOURCE OF FUNDS - Seller-04/29/2026 |
Resolved-Received Source of funds used to purchase the subject. - Due Diligence Vendor-05/01/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 775 LTV is less than guideline maximum - Required is 75 Borrower has 70 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8428039 | |
| XXXX | XXXX | 10200476 | D | B | D | B | A | A | A | A | Closed | FCRE1151 | 2026-04-02 16:18 | 2026-04-23 15:21 | Resolved | 1 - Information | C | A | Credit | Title | Satisfactory Chain of Title not Provided | Resolved-Received Satisfactory Chain of Title - Due Diligence Vendor-04/23/2026 Ready for Review-Document Uploaded. 24 MTHS CHAIN OF TITLE, REFERENCE PG 6 - Seller-04/22/2026 Counter-Received duplicate title. 24 month chain of title is not noted in documents provided. - Due Diligence Vendor-04/21/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-04/20/2026 Open-Unsatisfactory Chain of Title provided. Provide chain of title on policy. Missing - Due Diligence Vendor-04/02/2026 |
Ready for Review-Document Uploaded. 24 MTHS CHAIN OF TITLE, REFERENCE PG 6 - Seller-04/22/2026 |
Resolved-Received Satisfactory Chain of Title - Due Diligence Vendor-04/23/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 775 LTV is less than guideline maximum - Required is 75 Borrower has 70 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8461916 | |
| XXXX | XXXX | 10200476 | D | B | D | B | A | A | A | A | Closed | FCRE0140 | 2026-04-02 16:43 | 2026-04-21 14:54 | Resolved | 1 - Information | C | A | Credit | Eligibility | DSCR loan does not meet program guidelines | Resolved-Received Settlement Statement from Purchase. - Due Diligence Vendor-04/21/2026 Ready for Review-Document Uploaded. XXXX FINAL SS - Seller-04/20/2026 Open-The loan is a delayed financing. Provide the Hud-1 Settlement statement from the purchase of the subject property. Additional conditions may apply. - Due Diligence Vendor-04/02/2026 |
Ready for Review-Document Uploaded. XXXX FINAL SS - Seller-04/20/2026 |
Resolved-Received Settlement Statement from Purchase. - Due Diligence Vendor-04/21/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 775 LTV is less than guideline maximum - Required is 75 Borrower has 70 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8462377 | |
| XXXX | XXXX | 10200476 | D | B | D | B | A | A | A | A | Closed | FCRE8887 | 2026-04-02 16:11 | 2026-04-21 14:32 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing or Incomplete 1003 | Resolved-Received 1003 for b1 and b2. - Due Diligence Vendor-04/21/2026 Ready for Review-Document Uploaded. FINAL 1003 - Buyer-04/20/2026 Open-Provide final 1003 for B2 with declaration section completed. Additional conditions may apply. - Due Diligence Vendor-04/02/2026 |
Resolved-Received 1003 for b1 and b2. - Due Diligence Vendor-04/21/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 775 LTV is less than guideline maximum - Required is 75 Borrower has 70 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8461812 | ||
| XXXX | XXXX | 10200476 | D | B | D | B | A | A | A | A | Closed | FCRE1161 | 2026-04-01 10:06 | 2026-04-08 09:03 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Flood Certificate Missing | Resolved-Received Flood Certificate confirming property not in flood zone. - Due Diligence Vendor-04/06/2026 Ready for Review-Document Uploaded. flood cert - Seller-04/03/2026 Open-Missing Flood Certificate A Flood Certificate is missing from the loan file. - Due Diligence Vendor-04/01/2026 |
Ready for Review-Document Uploaded. flood cert - Seller-04/03/2026 |
Resolved-Received Flood Certificate confirming property not in flood zone. - Due Diligence Vendor-04/06/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 775 LTV is less than guideline maximum - Required is 75 Borrower has 70 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8427240 | |
| XXXX | XXXX | 10200476 | D | B | D | B | A | A | A | A | Closed | FCRE1157 | 2026-04-01 10:06 | 2026-04-08 09:03 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Hazard Insurance Policy is Missing | Resolved-Received Hazard Insurance. - Due Diligence Vendor-04/06/2026 Ready for Review-Document Uploaded. 1. Rent loss coverage 2. Hazard Insurance - Buyer-04/03/2026 Open-Missing Hazard Insurance Policy A Homeowner's Insurance policy with Allstate Insurance is missing from the loan file. - Due Diligence Vendor-04/01/2026 |
Resolved-Received Hazard Insurance. - Due Diligence Vendor-04/06/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 775 LTV is less than guideline maximum - Required is 75 Borrower has 70 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8427241 | ||
| XXXX | XXXX | 10200476 | D | B | D | B | A | A | A | A | Closed | FCRE8702 | 2026-04-02 16:16 | 2026-04-08 08:59 | Resolved | 1 - Information | C | A | Credit | Borrower | Business Entity Formation Document is Incomplete | Resolved-Received confirmation of EIN number. - Due Diligence Vendor-04/06/2026 Ready for Review-Document Uploaded. EIN - Seller-04/03/2026 Open-The Business Entity Formation Document is incomplete Provide the EIN Number document from the state. The file contains a SS-4 form and is not acceptable - Due Diligence Vendor-04/02/2026 |
Ready for Review-Document Uploaded. EIN - Seller-04/03/2026 |
Resolved-Received confirmation of EIN number. - Due Diligence Vendor-04/06/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 775 LTV is less than guideline maximum - Required is 75 Borrower has 70 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8461892 | |
| XXXX | XXXX | 10220196 | D | B | D | B | D | A | A | A | Closed | FCOM1224 | 2026-04-03 09:18 | 2026-04-15 17:51 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Condo Rider is Missing | Resolved-Received copy of Mortgage with Condo Rider attached. Finding Resolved. - Due Diligence Vendor-04/08/2026 Ready for Review-Document Uploaded. - Seller-04/07/2026 Open-Condo Rider is Missing Missing Condo Rider (Mortgage missing also) - Due Diligence Vendor-04/03/2026 |
Ready for Review-Document Uploaded. - Seller-04/07/2026 |
Resolved-Received copy of Mortgage with Condo Rider attached. Finding Resolved. - Due Diligence Vendor-04/08/2026 |
Months Reserves exceed minimum required - 120 mths reserves; 3 mths required. Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 761 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 8472983 | |
| XXXX | XXXX | 10220196 | D | B | D | B | D | A | A | A | Closed | FPRO1255 | 2026-04-06 11:03 | 2026-04-15 17:51 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | HOA Questionnaire Document is Missing | Resolved-2-4 Unit condo, not required. - Due Diligence Vendor-04/15/2026 Ready for Review-Per UW mgmt., this is a 2-4 unit condo and is not subject to standard condo requirements. Please waive this condition. - Seller-04/14/2026 Counter-Received LTV waiver for non warrantable condo. Please provide HOA questionnaire. - Due Diligence Vendor-04/10/2026 Ready for Review-Document Uploaded. - Seller-04/09/2026 Counter-Received rebuttal exception for non warrantable condo. Review is unable to locate exception, please provide. Please also note, condo questionnaire required to confirm no litigation, right of first refusal and investor concentration. - Due Diligence Vendor-04/08/2026 Ready for Review-Please see exception in "Miscellaneous" folder re: exception for non-warrantable condo. Condo is suspended so no questionnaire was required. - Seller-04/07/2026 Open-Subject Property is part of an HOA but the HOA Questionnaire Document is Missing. per guide All Loan secured by condominium projects require a completed Homeowners Association (HOA) questionnaire - Due Diligence Vendor-04/06/2026 |
Ready for Review-Per UW mgmt., this is a 2-4 unit condo and is not subject to standard condo requirements. Please waive this condition. - Seller-04/14/2026 Ready for Review-Document Uploaded. - Seller-04/09/2026 Ready for Review-Please see exception in "Miscellaneous" folder re: exception for non-warrantable condo. Condo is suspended so no questionnaire was required. - Seller-04/07/2026 |
Resolved-2-4 Unit condo, not required. - Due Diligence Vendor-04/15/2026 |
Months Reserves exceed minimum required - 120 mths reserves; 3 mths required. Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 761 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 8500084 | |
| XXXX | XXXX | 10220196 | D | B | D | B | D | A | A | A | Closed | FCRE1173 | 2026-04-03 09:23 | 2026-04-15 17:50 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Condo Master Insurance Policy is Missing | Resolved-2-4 Unit condo, not required. - Due Diligence Vendor-04/15/2026 Ready for Review-Per UW mgmt., this is a 2-4 unit condo and is not subject to standard condo requirements. Please waive this condition. - Seller-04/14/2026 Counter-Review is unable to locate exception noted. Please note, master HOI policy and liability coverages required. - Due Diligence Vendor-04/08/2026 Ready for Review-Please see exception in "Miscellaneous" folder re: exception for non-warrantable condo. Condo is suspended so no master policy was required. - Seller-04/07/2026 Open-Missing Condo Master Insurance Policy Missing Master Pol - Due Diligence Vendor-04/03/2026 |
Ready for Review-Per UW mgmt., this is a 2-4 unit condo and is not subject to standard condo requirements. Please waive this condition. - Seller-04/14/2026 Ready for Review-Please see exception in "Miscellaneous" folder re: exception for non-warrantable condo. Condo is suspended so no master policy was required. - Seller-04/07/2026 |
Resolved-2-4 Unit condo, not required. - Due Diligence Vendor-04/15/2026 |
Months Reserves exceed minimum required - 120 mths reserves; 3 mths required. Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 761 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 8473105 | ||
| XXXX | XXXX | 10220196 | D | B | D | B | D | A | A | A | Closed | finding-3526 | 2026-04-02 11:18 | 2026-04-08 15:44 | Resolved | 1 - Information | C | A | Compliance | TRID | Revised Loan Estimate Delivery Date Test (prior to consummation) | Resolved-Received Audit trail for signature. finding Resolved. - Due Diligence Vendor-04/08/2026 Ready for Review-Document Uploaded. - Seller-04/07/2026 Open-This loan failed the revised loan estimate delivery date test (prior to consummation) due to one of the following findings: ( 12 CFR §1026.19(e)(4)(ii) )The revised loan estimate delivery date is provided and the revised loan estimate method of delivery is marked as either:"XXXX" or "Electronic Delivery" or blank, and the revised loan estimate delivery date is less than seven business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the revised loan estimate delivery date is less than four business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe revised loan estimate receipt date is provided and the revised loan estimate receipt date is less than four business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe revised loan estimate delivery date is on or after the initial closing disclosure delivery date.The creditor shall not provide a revised version of the disclosures required under §1026.19(e)(1)(i) on or after the date on which the creditor provides the disclosures required under §1026.19(f)(1)(i). The consumer must receive a revised version of the disclosures required under §1026.19(e)(1)(i) not later than four business days prior to consummation. If the revised version of the disclosures required §1026.19(e)(1)(i) is not provided to the consumer in person, the consumer is considered to have received such version three business days after the creditor delivers or places such version in the mail. ----- LEs dated XXXX were not signed by the borrower. - Due Diligence Vendor-04/02/2026 |
Ready for Review-Document Uploaded. - Seller-04/07/2026 |
Resolved-Received Audit trail for signature. finding Resolved. - Due Diligence Vendor-04/08/2026 |
Months Reserves exceed minimum required - 120 mths reserves; 3 mths required. Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 761 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 8454810 | |
| XXXX | XXXX | 10220196 | D | B | D | B | D | A | A | A | Closed | finding-3540 | 2026-04-03 07:48 | 2026-04-08 15:44 | Resolved | 1 - Information | C | A | Compliance | TRID | Revised Closing Disclosure Delivery Date Test (No Waiting Period Required) Test | Resolved-Received Audit trail for signature. finding Resolved. - Due Diligence Vendor-04/08/2026 Ready for Review-XXXX is open for settlement on Saturday, so the 28th counts as a business day. XXXX, and disbursement was completed on XXXX. - Seller-04/07/2026 Open-This loan failed the revised closing disclosure delivery date test (no waiting period required). ( 12 CFR §1026.19(f)(2)(i) )The revised closing disclosure delivery does not require a new waiting period and:The revised closing disclosure delivery date is provided and the revised closing disclosure method of delivery is marked as either"XXXX" or "Electronic Delivery" or blank, and the revised closing disclosure delivery date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the revised closing disclosure delivery date is after the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe revised closing disclosure receipt date is provided and the revised closing disclosure receipt date is after the consummation date, or closing / settlement date if no consummation date is provided, of the transaction.Changes before consummation not requiring a new waiting period. Except as provided in §1026.19(f)(2)(ii), if the disclosures provided under §1026.19(f)(1)(i) become inaccurate before consummation, the creditor shall provide corrected disclosures reflecting any changed terms to the consumer so that the consumer receives the corrected disclosures at or before consummation. Notwithstanding the requirement to provide corrected disclosures at or before consummation, the creditor shall permit the consumer to inspect the disclosures provided under this paragraph, completed to set forth those items that are known to the creditor at the time of inspection, during the business day immediately preceding consummation, but the creditor may omit from inspection items related only to the seller's transaction. -----CD XXXX was acknowledged however it is less than 3 business days to the consummation date of XXXX - Due Diligence Vendor-04/03/2026 |
Ready for Review-XXXX is open for settlement on Saturday, so the 28th counts as a business day.XXXX, and disbursement was completed on XXXX. - Seller-04/07/2026 |
Resolved-Received Audit trail for signature. finding Resolved. - Due Diligence Vendor-04/08/2026 |
Months Reserves exceed minimum required - 120 mths reserves; 3 mths required. Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 761 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 8471713 | ||
| XXXX | XXXX | 10220196 | D | B | D | B | D | A | A | A | Closed | FCOM1220 | 2026-04-02 09:53 | 2026-04-08 15:36 | Resolved | 1 - Information | D | A | Credit | Missing Doc | The Deed of Trust is Missing | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-04/08/2026 Ready for Review-Document Uploaded. - Seller-04/07/2026 Open-The Deed of Trust is Missing ----- The Deed of Trust is Missing - Due Diligence Vendor-04/02/2026 |
Ready for Review-Document Uploaded. - Seller-04/07/2026 |
Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-04/08/2026 |
Months Reserves exceed minimum required - 120 mths reserves; 3 mths required. Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 761 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 8452134 | |
| XXXX | XXXX | 10220196 | D | B | D | B | D | A | A | A | Closed | FCRE1194 | 2026-04-03 10:07 | 2026-04-06 11:14 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Originator exception granted to allow . Non-material waiver applied with comp factors. Deemed non-material due to only 5% above max allowed. - Due Diligence Vendor-04/06/2026 Open-Audited LTV of 80% exceeds Guideline LTV of 75% Lender exception on file in regards to LTV. "Max LTV 75% on non-warrantable condo" (pg 94) - Due Diligence Vendor-04/03/2026 |
Waived-Originator exception granted to allow . Non-material waiver applied with comp factors. Deemed non-material due to only 5% above max allowed. - Due Diligence Vendor-04/06/2026 |
Months Reserves exceed minimum required - 120 mths reserves; 3 mths required. Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 761 |
FICO 20 pts over Reserves 6 months+ DTI 10% below max |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | Yes | 8474010 | ||
| XXXX | XXXX | 10220196 | D | B | D | B | D | A | A | A | Closed | FCRE6019 | 2026-04-02 10:09 | 2026-04-06 11:11 | Waived | 2 - Non-Material | D | B | Credit | Missing Doc | Citizenship Documentation Not Provided | Waived-Originator waiver applied to non material finding - Due Diligence Vendor-04/06/2026 Open-Borrower Citizenship Documentation Is Missing Missing country of origin both borrower for ITIN. - Due Diligence Vendor-04/02/2026 |
Waived-Originator waiver applied to non material finding - Due Diligence Vendor-04/06/2026 |
Months Reserves exceed minimum required - 120 mths reserves; 3 mths required. Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 761 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | No | 8452568 | |||
| XXXX | XXXX | 10220108 | D | B | D | B | A | A | A | A | Closed | FCOM1352 | 2026-04-15 09:28 | 2026-04-24 14:35 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Received confirmation no business purpose affidavit as file contains occupancy certification. - Due Diligence Vendor-04/24/2026 Ready for Review-Per UW: "This is not a business purpose loan. Title is vested in the borrower's name and not in the business name. No Business Purpose Affidavit Disclosure required. Please waive this condition." - Seller-04/23/2026 Open-The Business Purpose Affidavit Disclosure is Missing All investment occupancy loans are considered business purpose transactions and require the borrower to acknowledge the loan is a business purpose loan by completing and signing the appropriate sections of the Borrower Certification of Business Purpose form in this guide. - Due Diligence Vendor-04/15/2026 |
Ready for Review-Per UW: "This is not a business purpose loan. Title is vested in the borrower's name and not in the business name. No Business Purpose Affidavit Disclosure required. Please waive this condition." - Seller-04/23/2026 |
Resolved-Received confirmation no business purpose affidavit as file contains occupancy certification. - Due Diligence Vendor-04/24/2026 |
Long term residence - The borrower had resided at his primary residence for 23 years Months Reserves exceed minimum required - reserves required is 3 months. borrower has 18.73 months On time mortgage history exceeds guideline requirement - Borrower has 0x30x18 months mortgage history, guides allow up to 1x30x12 months. |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8675379 | ||
| XXXX | XXXX | 10220108 | D | B | D | B | A | A | A | A | Closed | FCRE1194 | 2026-04-14 23:50 | 2026-04-15 11:09 | Waived | 2 - Non-Material | B | B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Originator waiver applied to non-material finding. Program allows up to 80% LTV on c/o refinances. - Due Diligence Vendor-04/15/2026 Open-Audited LTV of 80% exceeds Guideline LTV of 70% Lender exception to allow 80% LTV on P&L program with 2 months of business bank statements to support the qualifying income. No compensating factors were provided on the exception request/approval form. - Due Diligence Vendor-04/15/2026 |
Waived-Originator waiver applied to non-material finding. Program allows up to 80% LTV on c/o refinances. - Due Diligence Vendor-04/15/2026 |
Long term residence - The borrower had resided at his primary residence for 23 years Months Reserves exceed minimum required - reserves required is 3 months. borrower has 18.73 months On time mortgage history exceeds guideline requirement - Borrower has 0x30x18 months mortgage history, guides allow up to 1x30x12 months. |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | 8666211 | |||
| XXXX | XXXX | 10233156 | D | B | D | B | A | A | A | A | Closed | FCRE0210 | 2026-08-31 12:19 | 2026-08-31 12:19 | Waived | 2 - Non-Material | B | B | Credit | Eligibility | XX Prepayment Penalty Entity Loan - LLC/LP/LLP | Waived-Waiver applied to non-material finding. Loan closed in entity name. - Due Diligence Vendor-08/31/2026 Open-XXXX a prepayment penalty may only be applied to corporations, C-Corp and S-Corp specifically. Under XXXX, a prepayment penalty is not permitted to be charged to an LLC. Waiver applied to non-material finding. Loan closed in entity name. - Due Diligence Vendor-08/31/2026 |
Waived-Waiver applied to non-material finding. Loan closed in entity name. - Due Diligence Vendor-08/31/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 785 Required is 700 Borrower has 785 LTV is less than guideline maximum - Required is 75 Borrower has 68.06 Required is 75 Borrower has 68.06 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Investor Post-Close | No | 11120989 | |||
| XXXX | XXXX | 10233156 | D | B | D | B | A | A | A | A | Closed | FCOM1352 | 2026-04-14 20:31 | 2026-04-28 13:08 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Received Business Purpose Affidavit Disclosure - Due Diligence Vendor-04/24/2026 Ready for Review-Document Uploaded. Business Purpose Affidavit - Buyer-04/24/2026 Open-The Business Purpose Affidavit Disclosure is Missing - Due Diligence Vendor-04/15/2026 |
Resolved-Received Business Purpose Affidavit Disclosure - Due Diligence Vendor-04/24/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 785 Required is 700 Borrower has 785 LTV is less than guideline maximum - Required is 75 Borrower has 68.06 Required is 75 Borrower has 68.06 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8665301 | ||
| XXXX | XXXX | 10233156 | D | B | D | B | A | A | A | A | Closed | FCRE1148 | 2026-04-14 20:35 | 2026-04-24 12:48 | Resolved | 1 - Information | C | A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received updated title - Title Coverage Amount of XXXX is sufficient - Due Diligence Vendor-04/24/2026 Ready for Review-Document Uploaded. prelim title - Buyer-04/22/2026 Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). Loan amount is XXXX, title coverage is XXXX which is not sufficient - Due Diligence Vendor-04/15/2026 |
Resolved-Received updated title - Title Coverage Amount of XXXX is sufficient - Due Diligence Vendor-04/24/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 785 Required is 700 Borrower has 785 LTV is less than guideline maximum - Required is 75 Borrower has 68.06 Required is 75 Borrower has 68.06 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8665322 | ||
| XXXX | XXXX | 10233156 | D | B | D | B | A | A | A | A | Closed | FCRE0112 | 2026-04-14 21:11 | 2026-04-17 14:42 | Resolved | 1 - Information | C | A | Credit | Eligibility | Approval/Underwriting Summary Not Provided_3 | Resolved-Received UW 1008 - Due Diligence Vendor-04/17/2026 Ready for Review-Document Uploaded. Transmittal Summary 1008 - Seller-04/16/2026 Open-Approval/Underwriting Summary Not Provided. - Due Diligence Vendor-04/15/2026 |
Ready for Review-Document Uploaded. Transmittal Summary 1008 - Seller-04/16/2026 |
Resolved-Received UW 1008 - Due Diligence Vendor-04/17/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 785 Required is 700 Borrower has 785 LTV is less than guideline maximum - Required is 75 Borrower has 68.06 Required is 75 Borrower has 68.06 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8665637 | |
| XXXX | XXXX | 10233156 | D | B | D | B | A | A | A | A | Closed | FCRE0043 | 2026-04-14 21:11 | 2026-04-17 14:42 | Resolved | 1 - Information | D | A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR calculation from client. Calculation is slightly higher than UW's but above minimum - Due Diligence Vendor-04/17/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-04/17/2026 Open-The DSCR Calculation from lender is Missing. - Due Diligence Vendor-04/15/2026 |
Resolved-Received DSCR calculation from client. Calculation is slightly higher than UW's but above minimum - Due Diligence Vendor-04/17/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 785 Required is 700 Borrower has 785 LTV is less than guideline maximum - Required is 75 Borrower has 68.06 Required is 75 Borrower has 68.06 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8665636 | ||
| XXXX | XXXX | 10256771 | D | A | D | A | A | A | A | A | Closed | FCRE8700 | 2026-04-17 05:13 | 2026-04-29 15:18 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | Missing EIN Number for Business Entity | Resolved-Received EIN number. - Due Diligence Vendor-04/29/2026 Ready for Review-Document Uploaded. ein - Buyer-04/28/2026 Counter-Need confirmation EIN belongs to our Borrower from third party. - Due Diligence Vendor-04/24/2026 Ready for Review-Document Uploaded. EIN - Buyer-04/23/2026 Counter-Received Email with an EIN from Loan Officer. Need confirmation EIN belongs to our Borrower and Borrower Business. Please provide confirmation of EIN. - Due Diligence Vendor-04/21/2026 Ready for Review-Document Uploaded. EIN in email attached - Buyer-04/21/2026 Open-Business Entity EIN value is invalid (Field value is ''). Missing EIN. - Due Diligence Vendor-04/17/2026 |
Resolved-Received EIN number. - Due Diligence Vendor-04/29/2026 |
Long term residence - Borrower has been at current residence >3 years. Months Reserves exceed minimum required - Months reserves required is 3; qualifying reserves is 43.16 months. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8724007 | ||
| XXXX | XXXX | 10256771 | D | A | D | A | A | A | A | A | Closed | FCOM1351 | 2026-04-17 05:13 | 2026-04-21 14:17 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Guaranty Agreement Missing | Resolved-Received Snip of Guideline. Borrower signed as an individual and as a member. - Due Diligence Vendor-04/21/2026 Ready for Review-Document Uploaded. Please see hilighted lines of the XXXX Guide- Per guide personal Guaranty is not needed if signed as invidiual and as LLC member - Buyer-04/20/2026 Open-The Subject Loan is a Business Purpose Loan but the Guaranty Agreement Doc is 'Missing'. Missing Personal Guaranty. - Due Diligence Vendor-04/17/2026 |
Resolved-Received Snip of Guideline. Borrower signed as an individual and as a member. - Due Diligence Vendor-04/21/2026 |
Long term residence - Borrower has been at current residence >3 years. Months Reserves exceed minimum required - Months reserves required is 3; qualifying reserves is 43.16 months. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8724010 | ||
| XXXX | XXXX | 10233108 | C | A | C | A | A | A | A | A | Closed | FCRE0197 | 2026-04-20 22:45 | 2026-04-24 13:59 | Resolved | 1 - Information | C | A | Credit | Eligibility | The Final SELLER CD/HUD is missing | Resolved-Received Final Seller CD - Due Diligence Vendor-04/24/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-04/22/2026 Open-The Final SELLER CD/HUD is missing. Provided final Seller CD/Hud. - Due Diligence Vendor-04/21/2026 |
Resolved-Received Final Seller CD - Due Diligence Vendor-04/24/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 747 LTV is less than guideline maximum - Required is 75 Borrower has 70 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 8782496 | ||
| XXXX | XXXX | 10233108 | C | A | C | A | A | A | A | A | Closed | FCRE1510 | 2026-04-20 15:39 | 2026-04-24 13:59 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Mortgage with Notary signature/date - Due Diligence Vendor-04/24/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-04/22/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing Notary Date - Due Diligence Vendor-04/20/2026 |
Resolved-Received Mortgage with Notary signature/date - Due Diligence Vendor-04/24/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 747 LTV is less than guideline maximum - Required is 75 Borrower has 70 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 8777891 | ||
| XXXX | XXXX | 10261537 | C | A | C | A | C | A | A | A | Closed | finding-3652 | 2026-04-28 12:40 | 2026-05-13 11:32 | Resolved | 1 - Information | C | A | Compliance | TRID | Lender Credits That Cannot Decrease Test | Resolved-Upon further review, the document(s) are located in original file, nothing further required. - Due Diligence Vendor-05/13/2026 Ready for Review-Document Uploaded. There were several CD's on this loan. The Initial was dated XXXX, the LE is dated XXXX. - Buyer-05/11/2026 Counter-COC in file for 04/10/2026 CD when lender credit decrease references a Re-lock, it does not reference a change in lender Credit. Finding Remains. - Due Diligence Vendor-05/07/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-05/06/2026 Open-This loan failed the lender credits that cannot decrease test. ( 12 CFR §1026.19(e)(3)(i) )The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits ($11,030.50) does not exceed or equal the comparable sum of specific and non-specific lender credits ($15,552.00). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). -----Lender credit decreased from $15,552.00 to $11,030.50 without a valid COC in file. Provide a COC for decrease OR evidence of refund to borrower or principal reduction in the amount of $4,521.50, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Reduction in Lender credits must be directly related to fees and must offset closing cost equally. Statute of Limitations 3 years- Expiration date is XXXX. - Due Diligence Vendor-04/28/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-05/06/2026 |
Resolved-Upon further review, the document(s) are located in original file, nothing further required. - Due Diligence Vendor-05/13/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 44.68 Required is 50 Borrower has 44.68 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 737 Required is 700 Borrower has 737 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8923639 | |
| XXXX | XXXX | 10261537 | C | A | C | A | C | A | A | A | Closed | finding-3634 | 2026-04-28 12:40 | 2026-05-13 11:32 | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Upon further review, the document(s) are located in original file, nothing further required. - Due Diligence Vendor-05/13/2026 Ready for Review-Document Uploaded. There were several CD's on this loan. The Initial was dated XXXX, the LE is dated XXXX. - Seller-05/11/2026 Counter-This is not a 10% tolerance, this is a 0% tolerance. the $1,230.50 is not enough to cure the finding. Total charges are $2,450.00. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of $1,219.50, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Statute of Limitations - 3 Year(s); Expiration Date: XXXX. Lender credit on final CD of $1,230.50 is not enough to cure finding. - Due Diligence Vendor-05/07/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-05/06/2026 Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $2,450.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). -----Zero (0%) tolerance fees increased by $2,450.00 (Appraisal - $228.00, Title Search - $60.00, Lender's Coverage - $2,012.00, Title - Endorsements - $150.00) without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of $1,219.50, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Statute of Limitations - 3 Year(s); Expiration Date: XXXX. Lender credit on final CD of $1,230.50 is not enough to cure finding. - Due Diligence Vendor-04/28/2026 |
Ready for Review-Document Uploaded. There were several CD's on this loan. The Initial was dated XXXX, the LE is dated XXXX. - Seller-05/11/2026 |
Resolved-Upon further review, the document(s) are located in original file, nothing further required. - Due Diligence Vendor-05/13/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 44.68 Required is 50 Borrower has 44.68 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 737 Required is 700 Borrower has 737 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8923640 | |
| XXXX | XXXX | 10261537 | C | A | C | A | C | A | A | A | Closed | finding-4001 | 2026-04-28 12:40 | 2026-05-13 11:32 | Resolved | 1 - Information | C | A | Compliance | ComplianceEase | TRID Disclosure Delivery Date Validation Test | Resolved-Upon further review, the document(s) are located in original file, nothing further required. - Due Diligence Vendor-05/13/2026 Ready for Review-Document Uploaded. There were several CD's on this loan. The Initial was dated XXXX, the LE is dated XXXX. - Seller-05/11/2026 Counter-Initial LE and Initial LE and Initial CD are dated the same day XXXX. This is not curable. - Due Diligence Vendor-05/07/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-05/06/2026 Open-This loan failed the TRID disclosure delivery date validation test.The loan contains one of the following conditions:A revised loan estimate delivery date is before the initial loan estimate.A revised closing disclosure is before the initial closing disclosure.A closing disclosure delivery date is on or before a loan estimate delivery date.A post-consummation revised closing disclosure delivery date is on or before a closing disclosure delivery date or loan estimate delivery date. initial LE is dated the same day as the initial CD XXXX, Initial CD has a time stamp print day of being printed prior to the LE on XXXX. - Due Diligence Vendor-04/28/2026 |
Ready for Review-Document Uploaded. There were several CD's on this loan. The Initial was dated XXXX, the LE is dated XXXX. - Seller-05/11/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-05/06/2026 |
Resolved-Upon further review, the document(s) are located in original file, nothing further required. - Due Diligence Vendor-05/13/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 44.68 Required is 50 Borrower has 44.68 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 737 Required is 700 Borrower has 737 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8923643 | |
| XXXX | XXXX | 10261537 | C | A | C | A | C | A | A | A | Closed | FCRE6763 | 2026-04-29 09:11 | 2026-05-11 13:26 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income documentation does not meet guidelines | Resolved-Received AUS , income calculation, and 1008. - Due Diligence Vendor-05/11/2026 Ready for Review-Document Uploaded. Please see the attached income calculation worksheet. The one provided by the underwriter was missing the productivity adjustment, which was included as "other" income. It has been added to the worksheet as "commission". We also provided an updated 1008 and AUS findings with the correct income and liabilities. - Seller-05/07/2026 Open-Need updated lender income worksheet as totals used do not match to what 1008 is showing for total income. - Due Diligence Vendor-04/29/2026 |
Ready for Review-Document Uploaded. Please see the attached income calculation worksheet. The one provided by the underwriter was missing the productivity adjustment, which was included as "other" income. It has been added to the worksheet as "commission". We also provided an updated 1008 and AUS findings with the correct income and liabilities. - Seller-05/07/2026 |
Resolved-Received AUS , income calculation, and 1008. - Due Diligence Vendor-05/11/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 44.68 Required is 50 Borrower has 44.68 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 737 Required is 700 Borrower has 737 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8944521 | |
| XXXX | XXXX | 10261537 | C | A | C | A | C | A | A | A | Closed | FCRE1183 | 2026-04-29 08:38 | 2026-05-11 13:25 | Resolved | 1 - Information | B | A | Credit | Missing Doc | Approval/Underwriting Summary Partially Provided | Resolved-Received AUS , income calculation, and 1008. - Due Diligence Vendor-05/11/2026 Ready for Review-Document Uploaded. Please see the attached income calculation worksheet. The one provided by the underwriter was missing the productivity adjustment, which was included as "other" income. It has been added to the worksheet as "commission". We also provided an updated 1008 and AUS findings with the correct income and liabilities. - Seller-05/07/2026 Open-Approval/Underwriting Summary Partially Provided Need updated final 1008 Transmittal reflecting correct income and liabilities to used in DTI. - Due Diligence Vendor-04/29/2026 |
Ready for Review-Document Uploaded. Please see the attached income calculation worksheet. The one provided by the underwriter was missing the productivity adjustment, which was included as "other" income. It has been added to the worksheet as "commission". We also provided an updated 1008 and AUS findings with the correct income and liabilities. - Seller-05/07/2026 |
Resolved-Received AUS , income calculation, and 1008. - Due Diligence Vendor-05/11/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 44.68 Required is 50 Borrower has 44.68 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 737 Required is 700 Borrower has 737 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8943926 | |
| XXXX | XXXX | 10224738 | D | A | D | A | A | A | A | A | Closed | FCRE0009 | 2026-06-16 16:06 | 2026-06-16 16:07 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Condo Rider | Resolved-Received executed copy of Condo Rider. Finding Resolved. - Due Diligence Vendor-06/16/2026 Open-Condo Rider is Missing Security Instrument missing first page of Condo Rider - Due Diligence Vendor-06/16/2026 |
Resolved-Received executed copy of Condo Rider. Finding Resolved. - Due Diligence Vendor-06/16/2026 |
Months Reserves exceed minimum required - 14 Months Reserves exceed 3 months minimum required Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 781 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9775379 | |||
| XXXX | XXXX | 10224738 | D | A | D | A | A | A | A | A | Closed | FCRE1248 | 2026-04-29 12:40 | 2026-06-12 15:18 | Resolved | 1 - Information | C | A | Credit | Eligibility | Non-Arm's Length Transactions Not Allowed for Program | Resolved-Upon further review, the loan file contained all required documentation - Due Diligence Vendor-05/13/2026 Ready for Review-Document Uploaded. Supporting doc - Seller-05/12/2026 Open-Non-Arm's Length Transactions Not Allowed for Program Non-Arms Length condo purchase transaction ineligible for investment transactions. Borrower closed in business entity XXXX providing banks statements in the name of XXXX; Seller business entity (not listed on XXXX website) XXXX having 100% interest proving an access letter to the bank account borrower provided for closing funds. Seller also provided a $30,000 seller credit on Closing Disclosure. - Due Diligence Vendor-04/29/2026 |
Ready for Review-Document Uploaded. Supporting doc - Seller-05/12/2026 |
Resolved-Upon further review, the loan file contained all required documentation - Due Diligence Vendor-05/13/2026 |
Months Reserves exceed minimum required - 14 Months Reserves exceed 3 months minimum required Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 781 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 8952515 | |
| XXXX | XXXX | 10224738 | D | A | D | A | A | A | A | A | Closed | FCRE1143 | 2026-04-29 12:40 | 2026-06-11 14:07 | Resolved | 1 - Information | C | A | Credit | Eligibility | Builder in Control of the HOA | Resolved-HOA questionnaire confirms the date of turn over. - Due Diligence Vendor-06/11/2026 Ready for Review-Document Uploaded. 1. please review again line item is there for reserves 2. …..its a new project so the declarations and bylaws are required and in those documents it states when the turn over 2.53 reference will happen look at section 13.6 and page 334 for the Assocation documents it is all in there, this was in the file and has been upload - Buyer-06/08/2026 Counter-Received CPM that indicate " XXXX". This is not sufficient. Finding remains. - Due Diligence Vendor-05/20/2026 Ready for Review-Document Uploaded. Supporting docs - Seller-05/15/2026 Counter-Received Lender rebuttal indicating XXXX Approval. Please provide Approved XXXX, this will resolve finding. - Due Diligence Vendor-05/15/2026 Ready for Review-Document Uploaded. Rebuttal on Builder in control - Seller-05/12/2026 Counter-Received partial 1008, 1008 indicated see uw notes for complete UW Memo. Guideline indicates: The project or the subject’s legal phase along with other phases must be complete. All common areas in the project must be 100% complete. Minimum of 50% of units must be sold or under contract. HOA should be in control?project under Developer or Builder control will be considered on an exception basis only. Exception that included. - Due Diligence Vendor-05/06/2026 Ready for Review-Document Uploaded. this is new construction and meets XXXX guidelines, HOA does not need to be in control, per 1008 this is warrantable condo - Seller-05/04/2026 Open-Builder is in control of HOA Developer in control of HOA, no units sold per appraiser. Other findings may apply. - Due Diligence Vendor-04/29/2026 |
Ready for Review-Document Uploaded. Supporting docs - Seller-05/15/2026 Ready for Review-Document Uploaded. Rebuttal on Builder in control - Seller-05/12/2026 Ready for Review-Document Uploaded. this is new construction and meets XXXX guidelines, HOA does not need to be in control, per 1008 this is warrantable condo - Seller-05/04/2026 |
Resolved-HOA questionnaire confirms the date of turn over. - Due Diligence Vendor-06/11/2026 |
Months Reserves exceed minimum required - 14 Months Reserves exceed 3 months minimum required Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 781 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 8952514 | |
| XXXX | XXXX | 10224738 | D | A | D | A | A | A | A | A | Closed | FCRE1194 | 2026-04-29 14:36 | 2026-06-11 14:06 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Resolved-Upon further review, the project appears to be warrantable. Audited LTV of 80% is less than or equal to Guideline LTV of 80% - Due Diligence Vendor-06/11/2026 Ready for Review-Document Uploaded. 1. please review again line item is there for reserves 2. …..its a new project so the declarations and bylaws are required and in those documents it states when the turn over 2.53 reference will happen look at section 13.6 and page 334 for the Assocation documents it is all in there, this was in the file and has been upload - Buyer-06/08/2026 Counter-Received CPM that indicate " XXXX". This is not sufficient. Finding remains. - Due Diligence Vendor-05/20/2026 Ready for Review-Document Uploaded. Supporting docs - Seller-05/15/2026 Counter-Received Lender rebuttal indicating XXXX Approval. Please provide Approved XXXX, this will resolve finding. - Due Diligence Vendor-05/15/2026 Ready for Review-Document Uploaded. Lender response - Buyer-05/12/2026 Counter-Loan file include documentation of builder intent to retain units as XXXX. Lender to confirm accuracy. Finding remains. - Due Diligence Vendor-05/06/2026 Ready for Review-Document Uploaded. Rebuttal not a condotel - Seller-05/04/2026 Open-Audited LTV of 80% exceeds Guideline LTV of 75% 80% LTV/CLTV/HCLTV exceeds 75% maximum for Non-Warrantable Condo that is operating as a condo-tel (per emails builder retaining units as XXXX) which requires an approved exception (not found). - Due Diligence Vendor-04/29/2026 |
Ready for Review-Document Uploaded. Supporting docs - Seller-05/15/2026 Ready for Review-Document Uploaded. Rebuttal not a condotel - Seller-05/04/2026 |
Resolved-Upon further review, the project appears to be warrantable. Audited LTV of 80% is less than or equal to Guideline LTV of 80% - Due Diligence Vendor-06/11/2026 |
Months Reserves exceed minimum required - 14 Months Reserves exceed 3 months minimum required Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 781 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 8956081 | |
| XXXX | XXXX | 10224738 | D | A | D | A | A | A | A | A | Closed | FCRE1198 | 2026-04-29 14:36 | 2026-06-11 14:06 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Received updated Asset Summary. - Due Diligence Vendor-05/06/2026 Ready for Review-Document Uploaded. borrower has 13.37 month reserves - Buyer-05/04/2026 Open-Audited Reserves of 0.05 month(s) are less than Guideline Required Reserves of 3 month(s) Missing satisfactory documentation evidencing sufficient funds to meet minimum reserve requirements of no less than 3 months property expenses. Since loan was missing sufficient documentation to satisfactorily source and credit full earnest money deposit, this directly impacted reserves. - Due Diligence Vendor-04/29/2026 |
Resolved-Received updated Asset Summary. - Due Diligence Vendor-05/06/2026 |
Months Reserves exceed minimum required - 14 Months Reserves exceed 3 months minimum required Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 781 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 8956082 | ||
| XXXX | XXXX | 10224738 | D | A | D | A | A | A | A | A | Closed | FVAL5474 | 2026-04-29 14:39 | 2026-06-11 14:04 | Resolved | 1 - Information | C | A | Credit | Eligibility | Condo project is ineligible | Resolved-The 2 units are part of the same HOA and does not impact the budget for the HOA. Project appears to be warrantable. - Due Diligence Vendor-06/11/2026 Ready for Review-Document Uploaded. 1. please review again line item is there for reserves 2. …..its a new project so the declarations and bylaws are required and in those documents it states when the turn over 2.53 reference will happen look at section 13.6 and page 334 for the Assocation documents it is all in there, this was in the file and has been upload - Buyer-06/08/2026 Counter-Received CPM that indicate " XXXX". This is not sufficient. Finding remains. - Due Diligence Vendor-05/20/2026 Ready for Review-Document Uploaded. Supporting docs - Seller-05/15/2026 Counter-Received Lender rebuttal indicating XXXX Approval. Please provide Approved XXXX, this will resolve finding. - Due Diligence Vendor-05/15/2026 Ready for Review-Document Uploaded. Lender response - Seller-05/12/2026 Open-Missing documentation to confirm subject condo unit is warrantable and/or an approved exception request. Loan documents relect subject project includes 2 units retained by builder as XXXX units. - Due Diligence Vendor-04/29/2026 |
Ready for Review-Document Uploaded. Supporting docs - Seller-05/15/2026 Ready for Review-Document Uploaded. Lender response - Seller-05/12/2026 |
Resolved-The 2 units are part of the same HOA and does not impact the budget for the HOA. Project appears to be warrantable. - Due Diligence Vendor-06/11/2026 |
Months Reserves exceed minimum required - 14 Months Reserves exceed 3 months minimum required Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 781 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 8956140 | |
| XXXX | XXXX | 10224738 | D | A | D | A | A | A | A | A | Closed | FCRE1491 | 2026-04-29 14:15 | 2026-05-12 12:29 | Resolved | 1 - Information | C | A | Credit | Assets | Asset Qualification Does Not Meet Guideline Requirements | Resolved-Received lender rebuttal. Confirmed with agreements in loan file. - Due Diligence Vendor-05/12/2026 Ready for Review-Document Uploaded. rebuttal XXXX the seller is not XXXX the business ownerdiffernt last names - Buyer-05/11/2026 Open-Asset Qualification Does Not Meet Guideline Requirements Borrower provided a sole bank account of which seller has interest in based on access/permissible use. Business account, and missing corporate documents for account. - Due Diligence Vendor-04/29/2026 |
Resolved-Received lender rebuttal. Confirmed with agreements in loan file. - Due Diligence Vendor-05/12/2026 |
Months Reserves exceed minimum required - 14 Months Reserves exceed 3 months minimum required Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 781 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 8955468 | ||
| XXXX | XXXX | 10262977 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | ||||||||||||||||||
| XXXX | XXXX | 10262951 | C | B | C | B | A | A | A | A | Closed | FCRE1254 | 2026-05-01 14:05 | 2026-06-01 14:37 | Waived | 2 - Non-Material | C | B | Credit | Title | Property Title Issue | Waived-Client provided a waiver for assignment of contract, applied to non material finding with comp factors - Due Diligence Vendor-06/01/2026 Ready for Review-Document Uploaded. Supporting Documents - Buyer-06/01/2026 Counter-After further review- guidelines state "Ineligible Transactions -Assignments of the contract to another buyer." there is an assignment of contract in the borrower file which is not allowed per guidelines. finding remains - Due Diligence Vendor-05/29/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-05/27/2026 Counter-Received Purchase contract reflecting purchaser as XXXX with an assignment to XXXX. Review of 3.7 Ineligible Transactions -Assignments of the contract to another buyer. Finding remains. - Due Diligence Vendor-05/08/2026 Ready for Review-Document Uploaded. XXXX are both owned by the Borrower. There is assignment document for change in buyers LLC. There is also have an addendum verifying this in Purchase Agreement. - Seller-05/07/2026 Counter-Received original purchase contract reflecting Buyer as XXXX. Original finding not addressed. - Due Diligence Vendor-05/06/2026 Ready for Review-Document Uploaded. XXXX = Seller. XXXX = Purchaser. - Seller-05/05/2026 Open-Property Title Issue Transaction ineligible in that the contract of sale references XXXX as Purchaser with an assignment to XXXX; which is prohibited. Other findings may apply. - Due Diligence Vendor-05/01/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-05/27/2026 Ready for Review-Document Uploaded. XXXX are both owned by the Borrower. There is assignment document for change in buyers LLC. There is also have an addendum verifying this in Purchase Agreement. - Seller-05/07/2026 Ready for Review-Document Uploaded. XXXX = Seller. XXXX = Purchaser. - Seller-05/05/2026 |
Waived-Client provided a waiver for assignment of contract, applied to non material finding with comp factors - Due Diligence Vendor-06/01/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 796 Months Reserves exceed minimum required - Reserves: 30 mos verified > 3 months required. |
FICO: 796 Reserves: 30 mos verified > 3 mos required |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | Investor Post-Close | No | 9004353 |
| XXXX | XXXX | 10262951 | C | B | C | B | A | A | A | A | Closed | FCRE1480 | 2026-05-01 13:42 | 2026-05-08 14:55 | Resolved | 1 - Information | C | A | Credit | Assets | Asset 2 Does Not Meet Guideline Requirements | Resolved-Asset Record 2 Meets G/L Requirements Or Not Applicable - Due Diligence Vendor-05/08/2026 Ready for Review-Document Uploaded. XXXX Operating Agreement. Borrower 100% Owner. - Buyer-05/07/2026 Counter-Asset 2 account owner is XXXX. Missing operating agreement or CPA letter confirming ownership of LLC. - Due Diligence Vendor-05/06/2026 Ready for Review-Document Uploaded. Borrower is sole Owner, 100% of Business. Access Letter not required. - Seller-05/05/2026 Open-Asset Record 2 Does Not Meet G/L Requirements Missing documentation which evidences borrower has unrestricted access to the business bank account identified as Asset 2 per statement provided. Other findings may apply. - Due Diligence Vendor-05/01/2026 |
Ready for Review-Document Uploaded. Borrower is sole Owner, 100% of Business. Access Letter not required. - Seller-05/05/2026 |
Resolved-Asset Record 2 Meets G/L Requirements Or Not Applicable - Due Diligence Vendor-05/08/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 796 Months Reserves exceed minimum required - Reserves: 30 mos verified > 3 months required. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9003866 | |
| XXXX | XXXX | 10262951 | C | B | C | B | A | A | A | A | Closed | FCRE1440 | 2026-05-01 13:58 | 2026-05-06 15:08 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received security instrument reflecting borrower signature as member. XXXX is not subject not primary residence. - Due Diligence Vendor-05/06/2026 Ready for Review-Document Uploaded. Deed of Trust that shows XXXX as the signor of the mortgage. When taking out the loan, clearly both members are personal guarantors I’m sure the logins were probably just used under the other members name to access the account. - Buyer-05/05/2026 Open-Housing History Does Not Meet Guideline Requirements Missing documentation which evidences most recent 12 months satisfactory mortgage payments for property XXXX. Although a transaction history was provided, it does identified an individual not borrower as account holder. Other findings may apply. - Due Diligence Vendor-05/01/2026 |
Resolved-Received security instrument reflecting borrower signature as member. XXXX is not subject not primary residence. - Due Diligence Vendor-05/06/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 796 Months Reserves exceed minimum required - Reserves: 30 mos verified > 3 months required. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9004214 | ||
| XXXX | XXXX | 10224719 | C | A | C | A | A | A | A | A | Closed | FCRE1440 | 2026-05-04 21:06 | 2026-05-20 16:00 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-After further review- Letter in file from property owner meets G/L requirements as it confirms borrower has lived at current residence since XXXX and has been paying $10,000 monthly with no lates. G/L state if a borrower is renting their primary residence, a VOR from the landlord is required with no additional documentation (e.g. cancelled checks not required). - Due Diligence Vendor-05/20/2026 Open-Housing History Does Not Meet Guideline Requirements Please provide 12 months cancelled checks for eveidence of rent payments from borrower's residence. Final 1003 reflects the borrower has resided at XXXX for 2 years paying $10,000 monthly in rent. Letter in file from property owner confirming borrower has lived at current residence since XXXX and has been paying $10,000 monthly. Since this is a private residence a VOR would not be acceptable and cancelled checks are required to meet 12 month housing history requirement. - Due Diligence Vendor-05/05/2026 |
Resolved-After further review- Letter in file from property owner meets G/L requirements as it confirms borrower has lived at current residence since XXXX and has been paying $10,000 monthly with no lates. G/L state if a borrower is renting their primary residence, a VOR from the landlord is required with no additional documentation (e.g. cancelled checks not required). - Due Diligence Vendor-05/20/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 798 Months Reserves exceed minimum required - 45 months reserves documented, 12 months required |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9034075 | |||
| XXXX | XXXX | 10268879 | B | B | B | B | A | A | A | A | Closed | FCRE5116 | 2026-05-05 17:37 | 2026-05-05 18:02 | Waived | 2 - Non-Material | B | B | Credit | Missing Doc | Missing VOM or VOR | Waived-Client waiver applied to non-material finding with comp factors - Due Diligence Vendor-05/05/2026 Open-Private VOR in file. Guidelines require 12 months cancelled checks on DSCR loan to document housing historywhen lanlord is private. Private is owned by a private LLC where the borrower has resided for over 7 years. Exception in file. - Due Diligence Vendor-05/05/2026 |
Waived-Client waiver applied to non-material finding with comp factors - Due Diligence Vendor-05/05/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 759 LTV is less than guideline maximum - Required is 70 Borrower has 51.52 |
LTV ALMOST 20% BELOW MAX, CLEAN CREDIT 0X30X12 MORTGAGE HISTORY | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Investor Post-Close | No | 9053572 | ||
| XXXX | XXXX | 10233136 | C | A | C | A | A | A | A | A | Closed | FCRE1479 | 2026-05-08 18:02 | 2026-05-14 18:54 | Resolved | 1 - Information | C | A | Credit | Assets | Asset 1 Does Not Meet Guideline Requirements | Resolved-Received proof of business ownership. - Due Diligence Vendor-05/13/2026 Ready for Review-Document Uploaded. - Seller-05/12/2026 Open-Asset Record 1 Does Not Meet G/L Requirements missing proof of ownership of business - Due Diligence Vendor-05/08/2026 |
Ready for Review-Document Uploaded. - Seller-05/12/2026 |
Resolved-Received proof of business ownership. - Due Diligence Vendor-05/13/2026 |
LTV is less than guideline maximum - Required is 85 Borrower has 22.18 DSCR % greater than 1.20 - Required is 1 Borrower has 4.85 Qualifying FICO score is at least 20 points above minimum for program - Required is 640 Borrower has 771 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 9115683 | |
| XXXX | XXXX | 10262993 | C | A | C | A | A | A | A | A | Closed | FCRE0109 | 2026-05-08 23:47 | 2026-05-15 14:11 | Resolved | 1 - Information | C | A | Credit | Eligibility | Missing Disclosure - Patriot Act Borrower Identification Form | Resolved-Received Patriot Act Form - Due Diligence Vendor-05/15/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-05/14/2026 Open-Missing Disclosure - Patriot Act Borrower Identification Form. - Due Diligence Vendor-05/09/2026 |
Resolved-Received Patriot Act Form - Due Diligence Vendor-05/15/2026 |
Months Reserves exceed minimum required - Reserves = 15 months – Required Reserves = 3 Months Credit history exceeds minimum required - Credit History = 295 Months Minimum Credit History = 24 Months |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9117929 | ||
| XXXX | XXXX | 10224711 | C | A | C | A | A | A | A | A | Closed | FCRE2244 | 2026-05-12 10:54 | 2026-05-21 07:10 | Resolved | 1 - Information | C | A | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Resolved-After further review, there are no property issues. - Due Diligence Vendor-05/12/2026 Open-Property Issues are identified for the property - Due Diligence Vendor-05/12/2026 |
Resolved-After further review, there are no property issues. - Due Diligence Vendor-05/12/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 778 Months Reserves exceed minimum required - Reserves: 26 Min 3 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9151640 | |||
| XXXX | XXXX | 10224711 | C | A | C | A | A | A | A | A | Closed | FCRE0197 | 2026-05-11 19:00 | 2026-05-15 14:17 | Resolved | 1 - Information | C | A | Credit | Eligibility | The Final SELLER CD/HUD is missing | Resolved-Received rebuttal and CD - Due Diligence Vendor-05/15/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-05/14/2026 Open-Missing seller closing disclosure, Settlement statement provided does not show any fees, payoffs or prorations assessed to seller. - Due Diligence Vendor-05/11/2026 |
Resolved-Received rebuttal and CD - Due Diligence Vendor-05/15/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 778 Months Reserves exceed minimum required - Reserves: 26 Min 3 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9141960 | ||
| XXXX | XXXX | 10291258 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | ||||||||||||||||||
| XXXX | XXXX | 10291266 | D | A | D | A | A | A | C | A | Closed | FPRO1257 | 2026-05-13 12:16 | 2026-05-22 13:55 | Resolved | 1 - Information | C | A | Property | Value | Primary Property Value is not Substantiated | Resolved-Received confirmation loan was approved at lower value reflecting on Desk Review meeting 6.12 of guidelines. - Due Diligence Vendor-05/22/2026 Ready for Review-Document Uploaded. Loan was underwritten based on the lower CDA value of XXXX - Buyer-05/20/2026 Open-The Primary Property Value is unsubstantiated. Additional valuation product is required. Desk review is High risk and 16% lower variance of appraisal - Due Diligence Vendor-05/13/2026 |
Resolved-Received confirmation loan was approved at lower value reflecting on Desk Review meeting 6.12 of guidelines. - Due Diligence Vendor-05/22/2026 |
Credit history exceeds minimum required - Credit History = 293 Months Minimum Credit History = 24 Months Months Reserves exceed minimum required - 104 months PITIA reserves; 3 months reserves required. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 9177762 | ||
| XXXX | XXXX | 10291266 | D | A | D | A | A | A | C | A | Closed | FCOM1352 | 2026-05-13 12:01 | 2026-05-18 16:20 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Received Certificate of Business Purpose - Due Diligence Vendor-05/18/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-05/15/2026 Open-The Business Purpose Affidavit Disclosure is Missing - Due Diligence Vendor-05/13/2026 |
Resolved-Received Certificate of Business Purpose - Due Diligence Vendor-05/18/2026 |
Credit history exceeds minimum required - Credit History = 293 Months Minimum Credit History = 24 Months Months Reserves exceed minimum required - 104 months PITIA reserves; 3 months reserves required. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 9177331 | ||
| XXXX | XXXX | 10298537 | C | B | C | B | A | A | A | A | Closed | FCRE0210 | 2026-08-31 12:24 | 2026-08-31 12:25 | Waived | 2 - Non-Material | B | B | Credit | Eligibility | XX Prepayment Penalty Entity Loan - LLC/LP/LLP | Waived-Waiver applied to non-material finding. Loan closed in entity name. - Due Diligence Vendor-08/31/2026 Open-Prepayment Penalty is not allowed. XXXX a prepayment penalty may only be applied to corporations, C-Corp and S-Corp specifically. Under XXXX, a prepayment penalty is not permitted to be charged to an LLC. - Due Diligence Vendor-08/31/2026 |
Waived-Waiver applied to non-material finding. Loan closed in entity name. - Due Diligence Vendor-08/31/2026 |
DSCR =/> 1.00 and minimum is 0.85 or Less - Required is 0.8 Borrower has 1.031 Required is 0.8 Borrower has 1.031 Months Reserves exceed minimum required - Minimum reserves are 3 months, Borrower has 34.08 months |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Investor Post-Close | No | 11121108 | |||
| XXXX | XXXX | 10298537 | C | B | C | B | A | A | A | A | Closed | FCRE8201 | 2026-05-18 11:29 | 2026-06-04 16:49 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Client waiver applied to non-material finding with compensating factors to allow for 5 year I/O period. - Due Diligence Vendor-06/04/2026 Ready for Review-Document Uploaded. Exception Request and Approval uploaded - Buyer-06/03/2026 Open-The Note indicates that this is a 30-yr fixed with a 5-yr I/O term which is an ineligible loan product. The guidelines only allow for a 10 yr I/O period. - Due Diligence Vendor-05/18/2026 |
Waived-Client waiver applied to non-material finding with compensating factors to allow for 5 year I/O period. - Due Diligence Vendor-06/04/2026 |
DSCR =/> 1.00 and minimum is 0.85 or Less - Required is 0.8 Borrower has 1.031 Required is 0.8 Borrower has 1.031 Months Reserves exceed minimum required - Minimum reserves are 3 months, Borrower has 34.08 months |
Having over 30 months in reserves Credit history 0x30x24 DSCR 1.03 LTV 75% |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Investor Post-Close | No | 9251440 | |
| XXXX | XXXX | 10298566 | C | B | C | B | A | A | A | A | Closed | FCRE0210 | 2026-08-31 12:26 | 2026-08-31 12:28 | Waived | 2 - Non-Material | B | B | Credit | Eligibility | XX Prepayment Penalty Entity Loan - LLC/LP/LLP | Waived-Waiver applied to non-material finding. Loan closed in entity name. - Due Diligence Vendor-08/31/2026 Open-Prepayment Penalty is not allowed. XXXX a prepayment penalty may only be applied to corporations, C-Corp and S-Corp specifically. Under XXXX, a prepayment penalty is not permitted to be charged to an LLC. - Due Diligence Vendor-08/31/2026 |
Waived-Waiver applied to non-material finding. Loan closed in entity name. - Due Diligence Vendor-08/31/2026 |
Months Reserves exceed minimum required - 98.54 mos reserves; 12 mos required DSCR % greater than 1.20 - 1.38 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 791 Required is 700 Borrower has 791 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | Investor Post-Close | No | 11121133 | |||
| XXXX | XXXX | 10291259 | C | B | C | B | A | A | A | A | Closed | FCRE1194 | 2026-05-18 14:31 | 2026-05-18 17:43 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Client waiver applied to non-material finding with comp factors - Due Diligence Vendor-05/18/2026 Open-Audited LTV of 75% exceeds Guideline LTV of 70% Exception for 75% LTV noted on 1008. - Due Diligence Vendor-05/18/2026 |
Waived-Client waiver applied to non-material finding with comp factors - Due Diligence Vendor-05/18/2026 |
Months Reserves exceed minimum required - 59.63 months reserves verified, 3 months required Credit history exceeds minimum required - 0x30 mortgage history to 2020 |
703 FICO, 59 months reserves, 0x30 mortgage history since 2020. | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Investor Post-Close | No | 9257270 | ||
| XXXX | XXXX | 10298536 | C | A | C | A | A | A | A | A | Closed | FCRE1491 | 2026-05-18 11:17 | 2026-05-21 13:51 | Resolved | 1 - Information | C | A | Credit | Assets | Asset Qualification Does Not Meet Guideline Requirements | Resolved-After further review, the lender guides do not require proof of liquidation. 80% is allowed to be used per guides. - Due Diligence Vendor-05/21/2026 Open-Asset Qualification Does Not Meet Guideline Requirements Missing satisfactory documentation evidencing sufficient liquid funds to meet minimum closing cost requirements. No evidence of funds from retirement account being liquidated/deposited to an account they can be drawn from. - Due Diligence Vendor-05/18/2026 |
Resolved-After further review, the lender guides do not require proof of liquidation. 80% is allowed to be used per guides. - Due Diligence Vendor-05/21/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 75 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 804 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9250974 | |||
| XXXX | XXXX | 10291236 | D | A | D | A | A | A | A | A | Closed | FCOM1352 | 2026-05-20 11:07 | 2026-05-27 11:46 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Received executed Business Purpose & Occupancy Affidavit. - Due Diligence Vendor-05/22/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-05/22/2026 Open-The Business Purpose Affidavit Disclosure is Missing The Business Purpose and Occupancy Affidavit is missing. - Due Diligence Vendor-05/20/2026 |
Resolved-Received executed Business Purpose & Occupancy Affidavit. - Due Diligence Vendor-05/22/2026 |
Months Reserves exceed minimum required - 59 months reserves documented, 3 months required Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 793 Required is 700 Borrower has 793 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9300342 | ||
| XXXX | XXXX | 10291236 | D | A | D | A | A | A | A | A | Closed | FCRE7011 | 2026-05-18 13:56 | 2026-05-22 15:33 | Resolved | 1 - Information | C | A | Credit | Insurance | Rent Loss Coverage is Insufficient or Missing | Resolved-Received processor cert rent Loss not required, verified. - Due Diligence Vendor-05/22/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-05/21/2026 Open-Rent Loss Coverage is Insufficient or Missing. Rent loss insurance for the subject property is required and must equal at least six (6) months of local average monthly rents. - Due Diligence Vendor-05/18/2026 |
Resolved-Received processor cert rent Loss not required, verified. - Due Diligence Vendor-05/22/2026 |
Months Reserves exceed minimum required - 59 months reserves documented, 3 months required Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 793 Required is 700 Borrower has 793 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9256402 | ||
| XXXX | XXXX | 10313463 | D | A | D | A | A | A | A | A | Closed | FCRE1252 | 2026-05-18 12:37 | 2026-05-26 13:41 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Title Document is Incomplete | Resolved-Received Title. - Due Diligence Vendor-05/26/2026 Ready for Review-Document Uploaded. Date is on the attached commitment. Per the attached email from title, the policy uploaded with the closing docs is just the pro forma and not the final policy - Buyer-05/22/2026 Open-Title Document is Incomplete Title does not contain the date of the policy - Due Diligence Vendor-05/18/2026 |
Resolved-Received Title. - Due Diligence Vendor-05/26/2026 |
Credit history exceeds minimum required - Guides require a minimum 3 tradelines open for a minimum of 12 months. Borrower has 8 open/active tradelines > 24 months (with oldest/active tradeline opened 05/30/2008). Months Reserves exceed minimum required - 3 months reserves required, 84 months verified. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 9254056 | ||
| XXXX | XXXX | 10291268 | D | B | D | B | A | A | A | A | Closed | FCRE0210 | 2026-08-31 12:31 | 2026-08-31 12:32 | Waived | 2 - Non-Material | B | B | Credit | Eligibility | XX Prepayment Penalty Entity Loan - LLC/LP/LLP | Waived-Waiver applied to non-material finding. Loan closed in entity name. - Due Diligence Vendor-08/31/2026 Open-Prepayment Penalty is not allowed. XXXX a prepayment penalty may only be applied to corporations, C-Corp and S-Corp specifically. Under XXXX, a prepayment penalty is not permitted to be charged to an LLC. - Due Diligence Vendor-08/31/2026 |
Waived-Waiver applied to non-material finding. Loan closed in entity name. - Due Diligence Vendor-08/31/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 804 Required is 700 Borrower has 804 Long term residence - Borrower has lived in their primary residence per credit report mortgage (58 months) - 4.83 years. Co-borrower has lived in their primary residence per credit report mortgage (94 months) - 4.83 years. LTV is less than guideline maximum - Required is 80 Borrower has 74.73 Required is 80 Borrower has 74.73 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | Investor Post-Close | No | 11121312 | |||
| XXXX | XXXX | 10291268 | D | B | D | B | A | A | A | A | Closed | FCOM1352 | 2026-05-18 12:10 | 2026-05-21 12:29 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Received business purpose and occupancy affidavit. - Due Diligence Vendor-05/21/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-05/20/2026 Open-The Business Purpose Affidavit Disclosure is Missing Need copy of fully executed Business Purpose Affidavit. - Due Diligence Vendor-05/18/2026 |
Resolved-Received business purpose and occupancy affidavit. - Due Diligence Vendor-05/21/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 804 Required is 700 Borrower has 804 Long term residence - Borrower has lived in their primary residence per credit report mortgage (58 months) - 4.83 years. Co-borrower has lived in their primary residence per credit report mortgage (94 months) - 4.83 years. LTV is less than guideline maximum - Required is 80 Borrower has 74.73 Required is 80 Borrower has 74.73 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 9253303 | ||
| XXXX | XXXX | 10291268 | D | B | D | B | A | A | A | A | Closed | FCOM1351 | 2026-05-18 12:54 | 2026-05-21 12:29 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Guaranty Agreement Missing | Resolved-Received personal guaranty. - Due Diligence Vendor-05/21/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-05/20/2026 Open-The Subject Loan is a Business Purpose Loan but the Guaranty Agreement Doc is 'Missing'. Missing Personal Guaranty Agreement fully executed. - Due Diligence Vendor-05/18/2026 |
Resolved-Received personal guaranty. - Due Diligence Vendor-05/21/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 804 Required is 700 Borrower has 804 Long term residence - Borrower has lived in their primary residence per credit report mortgage (58 months) - 4.83 years. Co-borrower has lived in their primary residence per credit report mortgage (94 months) - 4.83 years. LTV is less than guideline maximum - Required is 80 Borrower has 74.73 Required is 80 Borrower has 74.73 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 9254621 | ||
| XXXX | XXXX | 10268881 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 10313446 | D | A | D | A | A | A | A | A | Closed | FCRE1201 | 2026-05-20 14:23 | 2026-06-03 14:39 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Third Party Fraud Report with OFAC was provided. - Due Diligence Vendor-06/03/2026 Ready for Review-Document Uploaded. Fraud report - Buyer-06/02/2026 Open-Missing Third Party Fraud Report Missing Fraud Report verifying OFAC on all parties associated with transaction. - Due Diligence Vendor-05/20/2026 |
Resolved-Third Party Fraud Report with OFAC was provided. - Due Diligence Vendor-06/03/2026 |
Months Reserves exceed minimum required - We have 29.23 months reserves left over after deducting 3 months required Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 785 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 9308211 | ||
| XXXX | XXXX | 10313446 | D | A | D | A | A | A | A | A | Closed | FCRE0043 | 2026-05-22 13:45 | 2026-05-27 11:55 | Resolved | 1 - Information | D | A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR Calculation - Due Diligence Vendor-05/27/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-05/22/2026 Open-The DSCR Calculation from lender is Missing. DSCR worksheet not provided and DSCR not provided on 1008 or any documentt in file. - Due Diligence Vendor-05/22/2026 |
Resolved-Received DSCR Calculation - Due Diligence Vendor-05/27/2026 |
Months Reserves exceed minimum required - We have 29.23 months reserves left over after deducting 3 months required Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 785 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 9353315 | ||
| XXXX | XXXX | 10298553 | D | A | D | A | A | A | A | A | Closed | FCRE8700 | 2026-05-22 09:31 | 2026-05-28 12:05 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | Missing EIN Number for Business Entity | Resolved-Received EIN - Due Diligence Vendor-05/28/2026 Counter-Received Snip of possible EIN. Missing IRS verification of EIN. - Due Diligence Vendor-05/27/2026 Ready for Review-Document Uploaded. EIN - Buyer-05/26/2026 Open-Business Entity EIN value is invalid (Field value is ''). EIN not in file - Due Diligence Vendor-05/22/2026 |
Resolved-Received EIN - Due Diligence Vendor-05/28/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 781 Required is 700 Borrower has 781 DSCR =/> 1.00 and minimum is 0.85 or Less - Required is 0.8 Borrower has 1.118 Required is 0.8 Borrower has 1.118 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 9345823 | ||
| XXXX | XXXX | 10298553 | D | A | D | A | A | A | A | A | Closed | FCOM1351 | 2026-05-26 10:52 | 2026-05-28 12:05 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Guaranty Agreement Missing | Resolved-Received Guaranty Agreement - Due Diligence Vendor-05/27/2026 Ready for Review-Document Uploaded. Guaranty Agreement - Buyer-05/26/2026 Open-The Subject Loan is a Business Purpose Loan but the Guaranty Agreement Doc is 'Missing'. - Due Diligence Vendor-05/26/2026 |
Resolved-Received Guaranty Agreement - Due Diligence Vendor-05/27/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 781 Required is 700 Borrower has 781 DSCR =/> 1.00 and minimum is 0.85 or Less - Required is 0.8 Borrower has 1.118 Required is 0.8 Borrower has 1.118 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 9371696 | ||
| XXXX | XXXX | 10318754 | C | A | C | A | A | A | A | A | Closed | FCRE0075 | 2026-05-21 11:07 | 2026-05-28 12:50 | Resolved | 1 - Information | C | A | Credit | Eligibility | CoSignor or Guarantor is on debt or a loan not in this application according to the 1003 Declaration | Resolved-Received 1003 with updated Declaration. - Due Diligence Vendor-05/28/2026 Ready for Review-Document Uploaded. corrected 1003 is enclosed... declarations was mistakenly marked off incorrectly - Buyer-05/26/2026 Open-CoSignor or Guarantor is on debt or a loan not in this application according to the 1003 Declaration. CoSignor or Guarantor is on debt or a loan not in this application according to the 1003 Declaration, provide additional documentation, additional findings may apply. - Due Diligence Vendor-05/22/2026 |
Resolved-Received 1003 with updated Declaration. - Due Diligence Vendor-05/28/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 701 LTV is less than guideline maximum - Required is 80 Borrower has 75 Qualifying DTI below maximum allowed - Required is 50 Borrower has 43.67 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 9324748 | ||
| XXXX | XXXX | 10313476 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 10325966 | D | A | D | A | A | A | A | A | Closed | FCRE7011 | 2026-05-28 08:08 | 2026-06-05 15:04 | Resolved | 1 - Information | C | A | Credit | Insurance | Rent Loss Coverage is Insufficient or Missing | Resolved-After further review- 6 months additional reserves beyond the program minimum is allowed in lieu of rent loss coverage. 3 mos required + addtl 6 mos = 9 mos total and cash out proceeds document 30 months of reserves. - Due Diligence Vendor-06/05/2026 Open-Rent Loss Coverage is Insufficient or Missing. 6 months required, however not reflected on policy. - Due Diligence Vendor-05/28/2026 |
Resolved-After further review- 6 months additional reserves beyond the program minimum is allowed in lieu of rent loss coverage. 3 mos required + addtl 6 mos = 9 mos total and cash out proceeds document 30 months of reserves. - Due Diligence Vendor-06/05/2026 |
Months Reserves exceed minimum required - Reserves: 30 Min 3 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 798 Qualifying DTI below maximum allowed - Required is 50 Borrower has 31.63 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 9418590 | |||
| XXXX | XXXX | 10325966 | D | A | D | A | A | A | A | A | Closed | FCRE7347 | 2026-05-29 15:35 | 2026-06-05 15:03 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Lease Agreement | Resolved-After further review - Rental income was documented per investor guidelines using 2025 tax returns. Lease agreements are not required in accordance with their guidelines unless no tax returns are provided. For refi transactions- the most recent years rental income is used. - Due Diligence Vendor-06/05/2026 Counter-Received Lender Rebuttal of 2 years Schedule E used to calculate. File included 2025 returns to document Subject income. Missing additional year to document rental income for subject. - Due Diligence Vendor-06/05/2026 Ready for Review-Document Uploaded. please see attached - Seller-06/04/2026 Open-Missing current leases for subject as required by guidelines. No leases were provided and Market rent on appraisal reflects leases expiring prior to loan closing. Current leases and/or renewals to support rental income, it should be noted that DTI would exceed tolerance if not provided. Other findings may apply. - Due Diligence Vendor-05/29/2026 |
Ready for Review-Document Uploaded. please see attached - Seller-06/04/2026 |
Resolved-After further review - Rental income was documented per investor guidelines using 2025 tax returns. Lease agreements are not required in accordance with their guidelines unless no tax returns are provided. For refi transactions- the most recent years rental income is used. - Due Diligence Vendor-06/05/2026 |
Months Reserves exceed minimum required - Reserves: 30 Min 3 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 798 Qualifying DTI below maximum allowed - Required is 50 Borrower has 31.63 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 9458979 | |
| XXXX | XXXX | 10268900 | C | A | C | A | A | A | A | A | Closed | FCRE1510 | 2026-05-26 09:14 | 2026-06-12 12:12 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Deed of Trust with Legal Description and all applicable riders. - Due Diligence Vendor-06/12/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-06/10/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Borrower signed as individual and not member on Deed of Trust when vesting in LLC. - Due Diligence Vendor-05/26/2026 |
Resolved-Received Deed of Trust with Legal Description and all applicable riders. - Due Diligence Vendor-06/12/2026 |
LTV is less than guideline maximum - Required is 75 Borrower has 62.81 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 784 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 9369138 | ||
| XXXX | XXXX | 10298554 | C | A | C | A | A | A | A | A | Closed | FCRE0109 | 2026-05-27 15:33 | 2026-06-02 12:34 | Resolved | 1 - Information | C | A | Credit | Eligibility | Missing Disclosure - Patriot Act Borrower Identification Form | Resolved-Received Patriot Act Disclosure. - Due Diligence Vendor-06/02/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-05/29/2026 Open-Missing Disclosure - Patriot Act Borrower Identification Form. - Due Diligence Vendor-05/27/2026 |
Resolved-Received Patriot Act Disclosure. - Due Diligence Vendor-06/02/2026 |
DSCR =/> 1.00 and minimum is 0.85 or Less - Required is 0.8 Borrower has 1.146 Required is 0.8 Borrower has 1.146 LTV is less than guideline maximum - Required is 80 Borrower has 70 Required is 80 Borrower has 70 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 787 Required is 700 Borrower has 787 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9406587 | ||
| XXXX | XXXX | 10326209 | C | A | A | A | C | A | A | A | Closed | finding-3625 | 2026-05-29 07:31 | 2026-06-01 12:03 | Resolved | 1 - Information | C | A | Compliance | TRID | TRID "Section B. Services You Cannot Shop For / Services Borrower Did Not Shop For" Validation Test | Resolved-Received Disbursement fee list showing credit report paid to XXXX and not lender. Finding Resolved. - Due Diligence Vendor-06/01/2026 Open-This loan failed the TRID "Section B. Services You Cannot Shop For / Services Borrower Did Not Shop For" validation test.This loan contains a fee or fees where "compensation to" is set to the lender or broker but this fee or fees should not be retained by the lender or broker."Section B. Services You Cannot Shop For / Services Borrower Did Not Shop For" should contain an itemization of each amount, and a subtotal of all such amounts, the consumer will pay for settlement services for which the consumer cannot shop in accordance with Regulation Z and that are provided by persons other than the creditor or mortgage broker. -----Credit Report in section B is payable to Lender/Broker however, fees paid to Lender or Broker must be in section A. If the fee is to remain in section B, it must state FBO (for the benefit of) to said Vendor. Provide a post close CD with correction within 60 days of discovery date. Statute of Limitations - 1 year, expiration date XXXX - Due Diligence Vendor-05/29/2026 |
Resolved-Received Disbursement fee list showing credit report paid to XXXX and not lender. Finding Resolved. - Due Diligence Vendor-06/01/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 24.46 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 810 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9447089 | |||
| XXXX | XXXX | 10233100 | D | A | D | A | A | A | A | A | Closed | FCRE6910 | 2026-05-29 16:53 | 2026-06-02 13:33 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Citizenship Identification Documentation Missing | Resolved-Borrower 1 Non-US Citizen Identification Document was provided. - Due Diligence Vendor-06/02/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-06/01/2026 Open-Borrower 1 Non-US Citizen Identification Document is Missing Please provide copy of the back of borrowwer's Form I-551 (Green Card). - Due Diligence Vendor-05/29/2026 |
Resolved-Borrower 1 Non-US Citizen Identification Document was provided. - Due Diligence Vendor-06/02/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 66.36 DSCR =/> 1.00 and minimum is 0.85 or Less - Required is 0.8 Borrower has 1.314 Required is 0.8 Borrower has 1.314 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 808 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 9461314 | ||
| XXXX | XXXX | 10233100 | D | A | D | A | A | A | A | A | Closed | FCRE1510 | 2026-05-28 17:40 | 2026-06-02 13:30 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved- Renewal & Extension rider was provided. - Due Diligence Vendor-06/02/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-06/01/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Renewal & Extension rider not in mortgage document chain. - Due Diligence Vendor-05/28/2026 |
Resolved- Renewal & Extension rider was provided. - Due Diligence Vendor-06/02/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 66.36 DSCR =/> 1.00 and minimum is 0.85 or Less - Required is 0.8 Borrower has 1.314 Required is 0.8 Borrower has 1.314 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 808 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 9436123 | ||
| XXXX | XXXX | 10233101 | C | A | C | A | A | A | A | A | Closed | FCRE1198 | 2026-05-29 20:54 | 2026-06-22 12:02 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Received bank statement reflecting sufficient reserves. - Due Diligence Vendor-06/03/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-06/01/2026 Open-Audited Reserves of month(s) are less than Guideline Required Reserves of 3 month(s) Audited Reserves of 0 month(s) are less than Guideline Required Reserves of 3 month(s), missing assets for reserves, additional findings may apply. - Due Diligence Vendor-05/30/2026 |
Resolved-Received bank statement reflecting sufficient reserves. - Due Diligence Vendor-06/03/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 808 LTV is less than guideline maximum - Required is 80 Borrower has 66.64 DSCR =/> 1.00 and minimum is 0.85 or Less - Required is 0.8 Borrower has 1.057 Required is 0.8 Borrower has 1.057 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 9465760 | ||
| XXXX | XXXX | 10233101 | C | A | C | A | A | A | A | A | Closed | FCRE1509 | 2026-06-11 15:33 | 2026-06-11 15:33 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Note Document | Resolved-Received copy of Executed Note. - Due Diligence Vendor-06/11/2026 Open-The Note is not Executed. Missing page 3 (signature page) - Due Diligence Vendor-06/11/2026 |
Resolved-Received copy of Executed Note. - Due Diligence Vendor-06/11/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 808 LTV is less than guideline maximum - Required is 80 Borrower has 66.64 DSCR =/> 1.00 and minimum is 0.85 or Less - Required is 0.8 Borrower has 1.057 Required is 0.8 Borrower has 1.057 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 9700578 | |||
| XXXX | XXXX | 10233101 | C | A | C | A | A | A | A | A | Closed | FCRE1491 | 2026-05-29 19:00 | 2026-06-03 12:50 | Resolved | 1 - Information | C | A | Credit | Assets | Asset Qualification Does Not Meet Guideline Requirements | Resolved-Received bank statement - Due Diligence Vendor-06/03/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-06/02/2026 Open-Asset Qualification Does Not Meet Guideline Requirements No assets provided on rate and term refi. 1008 in file reflects assets for reserves come from XXXX bank account. Please provide. - Due Diligence Vendor-05/29/2026 |
Resolved-Received bank statement - Due Diligence Vendor-06/03/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 808 LTV is less than guideline maximum - Required is 80 Borrower has 66.64 DSCR =/> 1.00 and minimum is 0.85 or Less - Required is 0.8 Borrower has 1.057 Required is 0.8 Borrower has 1.057 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 9464788 | ||
| XXXX | XXXX | 10318810 | D | A | A | A | A | A | D | A | Closed | FVAL2477 | 2026-06-01 15:02 | 2026-06-09 15:07 | Resolved | 1 - Information | C | A | Property | Appraisal | Appraisal incomplete (missing map, layout, pages, etc.) | Resolved-Received primary appraisal with all 4 bedroom photos included. - Due Diligence Vendor-06/09/2026 Ready for Review-Document Uploaded. 4th bedroom is included on the updated appraisal for XXXX - Buyer-06/08/2026 Counter-Received both appraisals. Missing 4th bedroom photo for primary valuation report by appraiser XXXX - Due Diligence Vendor-06/04/2026 Ready for Review-Document Uploaded. both appraisals attached - Buyer-06/02/2026 Open-Need additional bedroom photo from the Appraisal run 2nd in the FNMA/FHLMC SSR as appraisal states there are four bedrooms but only three bedroom photos were provided. - Due Diligence Vendor-06/01/2026 |
Resolved-Received primary appraisal with all 4 bedroom photos included. - Due Diligence Vendor-06/09/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 789 Qualifying DTI below maximum allowed - Required is 50 Borrower has 33.35 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9485908 | ||
| XXXX | XXXX | 10318810 | D | A | A | A | A | A | D | A | Closed | FPRO1242 | 2026-06-01 12:04 | 2026-06-04 10:46 | Resolved | 1 - Information | D | A | Property | Missing Doc | Appraisal is Missing | Resolved-Received both appraisals, SSRs and updated fraud. - Due Diligence Vendor-06/04/2026 Ready for Review-Document Uploaded. 1. updated fraud report include search for both appraisers and both appraisal companies. 2. both appraisals attached - Buyer-06/02/2026 Open-Appraisal is Missing 1). We have SSR's showing two appraisals completed. We need a copy of the other appraisal completed first on FNMA/FHLMC SSR's (since both appraisals were run to obtain acceptable SSR scores). 2). Appraisal that we are missing - appraisal company name and appraiser name must be run through OFAC - Due Diligence Vendor-06/01/2026 |
Resolved-Received both appraisals, SSRs and updated fraud. - Due Diligence Vendor-06/04/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 789 Qualifying DTI below maximum allowed - Required is 50 Borrower has 33.35 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9481885 | ||
| XXXX | XXXX | 10318818 | D | B | D | A | D | B | A | A | Closed | FCRE1506 | 2026-06-01 19:27 | 2026-06-09 13:32 | Resolved | 1 - Information | C | A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-Complete docs for investment properties listed on borrower's loan application now in file. QM status verified. - Due Diligence Vendor-06/09/2026 Counter-Pending outstanding conditions. - Due Diligence Vendor-06/08/2026 Ready for Review-Document Uploaded. See attached Deeds showing the property and commerical loans are in the business name and borrower is not personally liable. - Seller-06/04/2026 Counter-Pending outstanding conditions. - Due Diligence Vendor-06/04/2026 Ready for Review-Document Uploaded. Property is under LLC - Seller-06/03/2026 Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Missing documents for investment properties listed on borrower's loan application - Due Diligence Vendor-06/01/2026 |
Ready for Review-Document Uploaded. See attached Deeds showing the property and commerical loans are in the business name and borrower is not personally liable. - Seller-06/04/2026 Ready for Review-Document Uploaded. Property is under LLC - Seller-06/03/2026 |
Resolved-Complete docs for investment properties listed on borrower's loan application now in file. QM status verified. - Due Diligence Vendor-06/09/2026 |
LTV is less than guideline maximum - Required is 70 Borrower has 44.14 Qualifying DTI below maximum allowed - Required is 50 Borrower has 37.69 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 9490750 | |
| XXXX | XXXX | 10318818 | D | B | D | A | D | B | A | A | Closed | FCRE7497 | 2026-06-01 19:37 | 2026-06-09 13:28 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-After further review, a property search and deeds for both investment properties was provided showing ownership under XXXX. Commercial loans are in the business name and not reporting on credit. As the borrower is not personally liable for either properties housing expenses- no losses are considered for either REO. - Due Diligence Vendor-06/09/2026 Counter-Received Deed for both properties, however per the Fraud Report the properties are vested in XXXX. Please provide the terms of the loans for each property. - Due Diligence Vendor-06/08/2026 Ready for Review-Document Uploaded. See attached Deeds showing the property and commerical loans are in the business name and borrower is not personally liable. - Seller-06/04/2026 Counter-Received Property profile. Review of fraud report shows ownership XXXX. Lender do document borrower no longer personally liable. - Due Diligence Vendor-06/04/2026 Ready for Review-Document Uploaded. Property is under LLC - Buyer-06/03/2026 Open- Missing documents that confirm the property expenses for real estate identified as 3b and 3c on loan application, including but not limited to mortgage statements, tax bills, property insurance premiums and association fees as applicable. Other findings may apply. - Due Diligence Vendor-06/01/2026 |
Ready for Review-Document Uploaded. See attached Deeds showing the property and commerical loans are in the business name and borrower is not personally liable. - Seller-06/04/2026 |
Resolved-After further review, a property search and deeds for both investment properties was provided showing ownership under XXXX. Commercial loans are in the business name and not reporting on credit. As the borrower is not personally liable for either properties housing expenses- no losses are considered for either REO. - Due Diligence Vendor-06/09/2026 |
LTV is less than guideline maximum - Required is 70 Borrower has 44.14 Qualifying DTI below maximum allowed - Required is 50 Borrower has 37.69 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 9490886 | |
| XXXX | XXXX | 10318818 | D | B | D | A | D | B | A | A | Closed | FCRE1201 | 2026-06-01 19:01 | 2026-06-08 13:27 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-06/08/2026 Ready for Review-Document Uploaded. See attached Fraud Report. Appraisal reflects XXXX. - Seller-06/04/2026 Counter-Received Fraud report. Appraisal Company on Appraisal in loan file is By XXXX. Fraud report reflect XXXX - Due Diligence Vendor-06/04/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-06/03/2026 Open-Missing Third Party Fraud Report Missing required fraud report reflecting all high alerts have been cleared, with satisfactory scores. - Due Diligence Vendor-06/01/2026 |
Ready for Review-Document Uploaded. See attached Fraud Report. Appraisal reflects Design Appraisal. - Seller-06/04/2026 |
Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-06/08/2026 |
LTV is less than guideline maximum - Required is 70 Borrower has 44.14 Qualifying DTI below maximum allowed - Required is 50 Borrower has 37.69 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 9490403 | |
| XXXX | XXXX | 10318818 | D | B | D | A | D | B | A | A | Closed | FCOM1266 | 2026-06-01 11:37 | 2026-06-04 14:45 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Homeownership Counseling Disclosure Is Missing | Resolved-Received Homeownership Counseling Disclosure. Finding Resolved. - Due Diligence Vendor-06/04/2026 Ready for Review-Document Uploaded. Homeowner's Counseling Disclosure - Seller-06/04/2026 Counter-Homeownership Counseling Disclosure Is Missing Document tracking does not cover this finding. Need actual copy of Counseling Notice. Finding Remains. - Due Diligence Vendor-06/04/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-06/03/2026 Open-Homeownership Counseling Disclosure Is Missing Please provide Homeownership Counseling Disclosure provided to borrower within three business days of application date. Statute of Limitations - 3 Year(s); Expiration Date: XXXX. - Due Diligence Vendor-06/01/2026 |
Ready for Review-Document Uploaded. Homeowner's Counseling Disclosure - Seller-06/04/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-06/03/2026 |
Resolved-Received Homeownership Counseling Disclosure. Finding Resolved. - Due Diligence Vendor-06/04/2026 |
LTV is less than guideline maximum - Required is 70 Borrower has 44.14 Qualifying DTI below maximum allowed - Required is 50 Borrower has 37.69 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 9480496 | |
| XXXX | XXXX | 10318818 | D | B | D | A | D | B | A | A | Closed | FCOM5135 | 2026-06-01 11:37 | 2026-06-04 14:45 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Resolved-Received copy of Affiliated Business Disclosure. Finding Resolved - Due Diligence Vendor-06/04/2026 Ready for Review-Document Uploaded. XXXX does not have any affiliates. ABA Disclosure is not applicable. - Seller-06/03/2026 Open-Required Affiliated Business Disclosure Missing Missing Affiliated Business disclosure, unable to test fee tolerance properly. Additional Findings may apply upon receipt. - Due Diligence Vendor-06/01/2026 |
Ready for Review-Document Uploaded. XXXX does not have any affiliates. ABA Disclosure is not applicable. - Seller-06/03/2026 |
Resolved-Received copy of Affiliated Business Disclosure. Finding Resolved - Due Diligence Vendor-06/04/2026 |
LTV is less than guideline maximum - Required is 70 Borrower has 44.14 Qualifying DTI below maximum allowed - Required is 50 Borrower has 37.69 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 9480497 | |
| XXXX | XXXX | 10318818 | D | B | D | A | D | B | A | A | Closed | FCRE0069 | 2026-06-01 18:47 | 2026-06-04 14:14 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Bank Statement Summary Lender Worksheet is N/A | Resolved-Received Lender Income Worksheet - Due Diligence Vendor-06/04/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-06/03/2026 Open-Bank Statement Summary Lender Worksheet is N/A. Missing lender income calculation worksheet to support income used to qualify. - Due Diligence Vendor-06/01/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-06/03/2026 |
Resolved-Received Lender Income Worksheet - Due Diligence Vendor-06/04/2026 |
LTV is less than guideline maximum - Required is 70 Borrower has 44.14 Qualifying DTI below maximum allowed - Required is 50 Borrower has 37.69 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 9490250 | |
| XXXX | XXXX | 10318818 | D | B | D | A | D | B | A | A | Closed | FCOM1124 | 2026-06-01 11:10 | 2026-06-01 11:10 | Waived | 2 - Non-Material | B | B | Compliance | Data | Borrower 1 Final Signature Date is in the future | Waived-Borrower 1 Final Signature Date is greater than the transaction date of XXXX Client waiver applied to non-material Findings. - Due Diligence Vendor-06/01/2026 | Waived-Borrower 1 Final Signature Date is greater than the transaction date of XXXX Client waiver applied to non-material Findings. - Due Diligence Vendor-06/01/2026 |
LTV is less than guideline maximum - Required is 70 Borrower has 44.14 Qualifying DTI below maximum allowed - Required is 50 Borrower has 37.69 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | Investor Post-Close | No | 9479715 | |||
| XXXX | XXXX | 10298532 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | XXXX | 10327108 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | ||||||||||||||||||
| XXXX | XXXX | 10333180 | C | B | C | B | A | A | A | A | Closed | FCRE0140 | 2026-06-04 20:45 | 2026-06-18 10:09 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | DSCR loan does not meet program guidelines | Waived-Client provided a waiver for Layered LLC vesting, applied to non material finding with comp factors - Due Diligence Vendor-06/18/2026 Ready for Review-Document Uploaded. Supporting Documents - Buyer-06/16/2026 Counter-Received exception request. Please provide Client exception approval email - Due Diligence Vendor-06/16/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-06/15/2026 Open-Layered or Nested Entities are not permitted. - Due Diligence Vendor-06/05/2026 |
Waived-Client provided a waiver for Layered LLC vesting, applied to non material finding with comp factors - Due Diligence Vendor-06/18/2026 |
Months Reserves exceed minimum required - Reserves: 6.81 Min 3 On time mortgage history exceeds guideline requirement - Borrower has 0x30x52 months mortgage history. Guides allow up to 1x30x12 months. Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 788 |
FICO: 788>700 minimum required Credit: 0x12 for > 36 months |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | Investor Post-Close | No | 9570736 | |
| XXXX | XXXX | 10333180 | C | B | C | B | A | A | A | A | Closed | FCRE6618 | 2026-06-05 14:39 | 2026-06-18 10:04 | Resolved | 1 - Information | C | A | Credit | Borrower | Borrower information on 1003 is incomplete | Resolved-Received corrected 1003 - Due Diligence Vendor-06/18/2026 Ready for Review-Document Uploaded. Supporting Documents - Buyer-06/16/2026 Counter-Received updated 1003 listing all investment properties. Missing corresponding mortgages info for 4 pack of loans. - Due Diligence Vendor-06/16/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-06/15/2026 Open-Correspondence in the file indicates the borrower is closing 4 properties simultaneously. An additional property was listed on the fraud report that was also excluded from the loan application. Provide an updated loan application showing all of the borrower's properties owned. - Due Diligence Vendor-06/05/2026 |
Resolved-Received corrected 1003 - Due Diligence Vendor-06/18/2026 |
Months Reserves exceed minimum required - Reserves: 6.81 Min 3 On time mortgage history exceeds guideline requirement - Borrower has 0x30x52 months mortgage history. Guides allow up to 1x30x12 months. Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 788 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 9588310 | ||
| XXXX | XXXX | 10318762 | D | A | A | A | D | A | A | A | Closed | FCOM1231 | 2026-06-03 10:03 | 2026-06-05 08:18 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | The Initial 1003 is Missing | Resolved-Received Initial 1003. Finding Resolved. - Due Diligence Vendor-06/05/2026 Ready for Review-Document Uploaded. initial 1003 - Buyer-06/04/2026 Open-The Initial 1003 is Missing Initial 1003 missing from file, intent to proceed date of XXXX was used to run compliance. Please provide 1003 copy. Additional findings may apply upon receipt. - Due Diligence Vendor-06/03/2026 |
Resolved-Received Initial 1003. Finding Resolved. - Due Diligence Vendor-06/05/2026 |
LTV is less than guideline maximum - Required is 85 Borrower has 80 Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 791 Qualifying DTI below maximum allowed - Required is 45 Borrower has 24.72 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9527569 | ||
| XXXX | XXXX | 10224718 | C | A | C | A | A | A | A | A | Closed | FCRE0197 | 2026-06-03 21:06 | 2026-06-15 09:26 | Resolved | 1 - Information | C | A | Credit | Eligibility | The Final SELLER CD/HUD is missing | Resolved-Received final seller closing statement. - Due Diligence Vendor-06/15/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-06/11/2026 Open-The Final SELLER CD/HUD is missing. - Due Diligence Vendor-06/04/2026 |
Resolved-Received final seller closing statement. - Due Diligence Vendor-06/15/2026 |
DSCR =/> 1.00 and minimum is 0.85 or Less - Required is 0.8 Borrower has 1.505 Required is 0.8 Borrower has 1.306 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 747 Required is 700 Borrower has 791 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9546406 | ||
| XXXX | XXXX | 10224718 | C | A | C | A | A | A | A | A | Closed | FCRE1148 | 2026-06-04 10:06 | 2026-06-10 14:16 | Resolved | 1 - Information | C | A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Title Coverage Amount of XXXX is sufficient based on the type of subject lien - Due Diligence Vendor-06/10/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-06/08/2026 Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). - Due Diligence Vendor-06/04/2026 |
Resolved-Title Coverage Amount of XXXX is sufficient based on the type of subject lien - Due Diligence Vendor-06/10/2026 |
DSCR =/> 1.00 and minimum is 0.85 or Less - Required is 0.8 Borrower has 1.505 Required is 0.8 Borrower has 1.306 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 747 Required is 700 Borrower has 791 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9555057 | ||
| XXXX | XXXX | 10326201 | D | A | D | A | C | A | C | A | Closed | finding-3625 | 2026-06-03 14:42 | 2026-06-08 15:37 | Resolved | 1 - Information | C | A | Compliance | TRID | TRID "Section B. Services You Cannot Shop For / Services Borrower Did Not Shop For" Validation Test | Resolved-Document Uploaded. Received PCCD showing that credit report fee was paid to Broker fbo XXXX. Finding resolved. - Due Diligence Vendor-06/08/2026 Counter-Received loan disbursement instructions showing Credit report is paid to broker fbo XXXX. No other supporting documentation is in file and mavent report in file indicates Credit report is paid to originator. If fee is to remain in section B, please provide corrected PCCD showing credit report was paid fbo to said vendor. - Due Diligence Vendor-06/05/2026 Ready for Review-Document Uploaded. - Seller-06/05/2026 Open-This loan failed the TRID "Section B. Services You Cannot Shop For / Services Borrower Did Not Shop For" validation test.This loan contains a fee or fees where "compensation to" is set to the lender or broker but this fee or fees should not be retained by the lender or broker."Section B. Services You Cannot Shop For / Services Borrower Did Not Shop For" should contain an itemization of each amount, and a subtotal of all such amounts, the consumer will pay for settlement services for which the consumer cannot shop in accordance with Regulation Z and that are provided by persons other than the creditor or mortgage broker. -----Credit Report Fee in section B is payable to Lender/Broker however, fees paid to Lender or Broker must be in section A. If the fee is to remain in section B, it must state FBO (for the benefit of) to said Vendor. Provide a post close CD with correction within 60 days of discovery date. Statute of Limitations - 1 year, expiration date XXXX - Due Diligence Vendor-06/03/2026 |
Ready for Review-Document Uploaded. - Seller-06/05/2026 |
Resolved-Document Uploaded. Received PCCD showing that credit report fee was paid to Broker fbo XXXX. Finding resolved. - Due Diligence Vendor-06/08/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 37.16 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 758 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Second Home | Purchase | NA | N/A | N/A | 9539330 | |
| XXXX | XXXX | 10326201 | D | A | D | A | C | A | C | A | Closed | finding-3526 | 2026-06-03 14:04 | 2026-06-05 10:48 | Resolved | 1 - Information | C | A | Compliance | TRID | Revised Loan Estimate Delivery Date Test (prior to consummation) | Resolved-Received evidence of borrower receipt for LE dated XXXX. Finding resolved. - Due Diligence Vendor-06/05/2026 Ready for Review-Document Uploaded. - Seller-06/05/2026 Open-This loan failed the revised loan estimate delivery date test (prior to consummation) due to one of the following findings: ( 12 CFR §1026.19(e)(4)(ii) )The revised loan estimate delivery date is provided and the revised loan estimate method of delivery is marked as either:"XXXX" or "Electronic Delivery" or blank, and the revised loan estimate delivery date is less than seven business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the revised loan estimate delivery date is less than four business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe revised loan estimate receipt date is provided and the revised loan estimate receipt date is less than four business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe revised loan estimate delivery date is on or after the initial closing disclosure delivery date.The creditor shall not provide a revised version of the disclosures required under §1026.19(e)(1)(i) on or after the date on which the creditor provides the disclosures required under §1026.19(f)(1)(i). The consumer must receive a revised version of the disclosures required under §1026.19(e)(1)(i) not later than four business days prior to consummation. If the revised version of the disclosures required §1026.19(e)(1)(i) is not provided to the consumer in person, the consumer is considered to have received such version three business days after the creditor delivers or places such version in the mail. ----- LE issued XXXX no borrower acknowledgment in file. Need borrower acknowledgment that is prior to the initial cd XXXX. Statute of Limitations - 1 year, expiration date XXXX. - Due Diligence Vendor-06/03/2026 |
Ready for Review-Document Uploaded. - Seller-06/05/2026 |
Resolved-Received evidence of borrower receipt for LE dated XXXX. Finding resolved. - Due Diligence Vendor-06/05/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 37.16 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 758 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Second Home | Purchase | NA | N/A | N/A | 9538483 | |
| XXXX | XXXX | 10326201 | D | A | D | A | C | A | C | A | Closed | FCRE5782 | 2026-06-04 13:58 | 2026-06-05 10:24 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-After further review, the UDM is on the fraud report. - Due Diligence Vendor-06/05/2026 Ready for Review-Document Uploaded. Top of page 2 - Seller-06/05/2026 Open-Borrower 1 Gap Credit Report is Missing - Due Diligence Vendor-06/04/2026 |
Ready for Review-Document Uploaded. Top of page 2 - Seller-06/05/2026 |
Resolved-After further review, the UDM is on the fraud report. - Due Diligence Vendor-06/05/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 37.16 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 758 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Second Home | Purchase | NA | N/A | N/A | 9561950 | |
| XXXX | XXXX | 10326201 | D | A | D | A | C | A | C | A | Closed | FPRO0021 | 2026-06-04 14:38 | 2026-06-04 16:22 | Resolved | 1 - Information | C | A | Property | Property | FEMA disaster (Individual) after appraisal without a PDI or 1004D | Resolved-Appraiser provided commentary on PG 120 (indexed file), “Subject not affected by natural disaster and no effect on marketability or value as a result of disaster”, dh - Due Diligence Vendor-06/04/2026 Open-Individual FEMA disaster after appraisal without a PDI or 1004D. XXXX, Appraiser provided commentary on PG 120 (indexed file), “Subject not affected by natural disaster and no effect on marketability or value as a result of disaster”, meets guides. QC to resolve. - Due Diligence Vendor-06/04/2026 |
Resolved-Appraiser provided commentary on PG 120 (indexed file), “Subject not affected by natural disaster and no effect on marketability or value as a result of disaster”, dh - Due Diligence Vendor-06/04/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 37.16 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 758 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Second Home | Purchase | NA | N/A | N/A | 9562940 | |||
| XXXX | XXXX | 10327147 | C | B | C | B | A | A | A | A | Closed | FCRE1440 | 2026-06-04 14:56 | 2026-06-05 14:21 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Client exception granted, waiver applied with comp factors. - Due Diligence Vendor-06/04/2026 Open-Housing History Does Not Meet Guideline Requirements Please provide 12-month rental history for primary residence. Require 12 months cancelled checks or 12 months bank statements to confirm monthly rental amount paid. VOM in file confirms monthly rental amount but cannot be used to confirm 12-month history due to the landlord being a private individual. 7 months cancelled checks provided 5/25 through 11/25. Approved exception in file to accept proof the remaining 5 months paid in cash. - Due Diligence Vendor-06/04/2026 |
Waived-Client exception granted, waiver applied with comp factors. - Due Diligence Vendor-06/04/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 806 Long term residence - Borrower owns rental property at 149 Smith St on 1003 since 12/21/2007 - (18 years and 5 months) |
Credit Score 806, Reserves 6 months, DSCR score 1, Credit History Excellent, Employment Stability 15 years landlord experience, Credit profile - low debt load. | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | Investor Post-Close | No | 9563295 | ||
| XXXX | 10326021 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | |||||||||||||||||||
| XXXX | XXXX | 10318875 | C | A | A | A | C | A | A | A | Closed | finding-3634 | 2026-06-05 16:58 | 2026-06-16 14:15 | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Upon further review, the document(s) are located in original file, nothing further required. - Due Diligence Vendor-06/12/2026 Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $12,075.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). -----Zero (0%) tolerance fees increased by $12,075.00(discount points) without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of $12,075.00 , post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Remediation options (1) within 60 days of consummation expires XXXX (2) within 60 days of discovery expires XXXX remains EV2B under TILA 130(b) (3) After 60 days of discovery, no cure, Statute of Limitations - 3 Years; Expiration Date: XXXX remains EV3C - Due Diligence Vendor-06/05/2026 |
Resolved-Upon further review, the document(s) are located in original file, nothing further required. - Due Diligence Vendor-06/12/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 717 LTV is less than guideline maximum - Required is 75 Borrower has 60.97 Qualifying DTI below maximum allowed - Required is 50 Borrower has 44.63 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 9591440 | |||
| XXXX | XXXX | 10318875 | C | A | A | A | C | A | A | A | Closed | finding-3625 | 2026-06-08 09:18 | 2026-06-16 14:15 | Resolved | 1 - Information | C | A | Compliance | TRID | TRID "Section B. Services You Cannot Shop For / Services Borrower Did Not Shop For" Validation Test | Resolved-Received PCCD XXXX correcting lender paid fee from Section B to Section A. Finding Resolved. - Due Diligence Vendor-06/16/2026 Ready for Review-Document Uploaded. PCCD - Buyer-06/16/2026 Open-This loan failed the TRID "Section B. Services You Cannot Shop For / Services Borrower Did Not Shop For" validation test.This loan contains a fee or fees where "compensation to" is set to the lender or broker but this fee or fees should not be retained by the lender or broker."Section B. Services You Cannot Shop For / Services Borrower Did Not Shop For" should contain an itemization of each amount, and a subtotal of all such amounts, the consumer will pay for settlement services for which the consumer cannot shop in accordance with Regulation Z and that are provided by persons other than the creditor or mortgage broker. -----(Entity LLC Review Fee) in section B is payable to Lender/Broker however, fees paid to Lender or Broker must be in section A. If the fee is to remain in section B, it must state FBO (for the benefit of) to said Vendor. Provide a post close CD with correction within 60 days of discovery date. Statute of Limitations - 1 year, expiration date XXXX. - Due Diligence Vendor-06/08/2026 |
Resolved-Received PCCD XXXX correcting lender paid fee from Section B to Section A. Finding Resolved. - Due Diligence Vendor-06/16/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 717 LTV is less than guideline maximum - Required is 75 Borrower has 60.97 Qualifying DTI below maximum allowed - Required is 50 Borrower has 44.63 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 9603595 | ||
| XXXX | XXXX | 10318779 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 10318860 | D | B | D | B | C | A | A | A | Closed | finding-3540 | 2026-06-08 17:19 | 2026-06-15 10:26 | Resolved | 1 - Information | C | A | Compliance | TRID | Revised Closing Disclosure Delivery Date Test (No Waiting Period Required) Test | Resolved-Received signed CD XXXX. Timing requirements met. Finding Resolved. - Due Diligence Vendor-06/15/2026 Ready for Review-Document Uploaded. Initial closing disclosure was delivered on XXXX, closing docs delivered on XXXX, final CD on XXXX and signed on XXXX. Closing was June 2nd with a disbursement date of XXXX. - Buyer-06/12/2026 Open-This loan failed the revised closing disclosure delivery date test (no waiting period required). ( 12 CFR §1026.19(f)(2)(i) )The revised closing disclosure delivery does not require a new waiting period and:The revised closing disclosure delivery date is provided and the revised closing disclosure method of delivery is marked as either"XXXX" or "Electronic Delivery" or blank, and the revised closing disclosure delivery date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the revised closing disclosure delivery date is after the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe revised closing disclosure receipt date is provided and the revised closing disclosure receipt date is after the consummation date, or closing / settlement date if no consummation date is provided, of the transaction.Changes before consummation not requiring a new waiting period. Except as provided in §1026.19(f)(2)(ii), if the disclosures provided under §1026.19(f)(1)(i) become inaccurate before consummation, the creditor shall provide corrected disclosures reflecting any changed terms to the consumer so that the consumer receives the corrected disclosures at or before consummation. Notwithstanding the requirement to provide corrected disclosures at or before consummation, the creditor shall permit the consumer to inspect the disclosures provided under this paragraph, completed to set forth those items that are known to the creditor at the time of inspection, during the business day immediately preceding consummation, but the creditor may omit from inspection items related only to the seller's transaction. -----CD XXXX is not signed and there is no evidence of when it was provided to borrower. Statute of Limitations 3 years- Expiration date is XXXX - Due Diligence Vendor-06/08/2026 |
Resolved-Received signed CD XXXX. Timing requirements met. Finding Resolved. - Due Diligence Vendor-06/15/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 75 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 792 Qualifying DTI below maximum allowed - Required is 50 Borrower has 32.28 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9617164 | ||
| XXXX | XXXX | 10318860 | D | B | D | B | C | A | A | A | Closed | FCRE0206 | 2026-06-10 10:35 | 2026-06-12 11:50 | Resolved | 1 - Information | C | A | Credit | Eligibility | Loss payee issue on Hazard Insurance | Resolved-After further review- Servicemac is notated and acknowledged by the borrower on the 1st payment letter. There is also a Notice of Servicing Transfer provided to borrower at closing and included in the loan file. As payments will be made to XXXX, no concerns with loss payee on HOI dec page. - Due Diligence Vendor-06/12/2026 Ready for Review-Document Uploaded. The HOI loss payee listed is correct. XXXX - Buyer-06/12/2026 Open-Loss payee issue on Hazard Insurance. XXXX is listed on HOI policy and loss payee is required to contain mortgagee clause naming XXXX as loss payee. The insurance must be maintained throughout the duration of the loan. - Due Diligence Vendor-06/10/2026 |
Resolved-After further review- Servicemac is notated and acknowledged by the borrower on the 1st payment letter. There is also a Notice of Servicing Transfer provided to borrower at closing and included in the loan file. As payments will be made to XXXX, no concerns with loss payee on HOI dec page. - Due Diligence Vendor-06/12/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 75 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 792 Qualifying DTI below maximum allowed - Required is 50 Borrower has 32.28 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9654924 | ||
| XXXX | XXXX | 10318860 | D | B | D | B | C | A | A | A | Closed | FCRE1325 | 2026-06-10 11:51 | 2026-06-11 08:17 | Waived | 2 - Non-Material | D | B | Credit | Missing Doc | Borrower 1 CPA Letter Missing | Waived-Client exception granted, waiver applied with comp factors. - Due Diligence Vendor-06/11/2026 Open-Borrower 1 CPA Letter Missing Exception to allow PTIN preparer for letter detailing business ownership, length of time in business and addressing use of business funds will not impact business. Exception approval in loan file. - Due Diligence Vendor-06/10/2026 |
Waived-Client exception granted, waiver applied with comp factors. - Due Diligence Vendor-06/11/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 75 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 792 Qualifying DTI below maximum allowed - Required is 50 Borrower has 32.28 |
Credit score - 70 pts above requirement DTI 15% below max Residual income - $10K month above requirement Credit history - clean credit profile. |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | Investor Post-Close | No | 9656775 | ||
| XXXX | XXXX | 10318860 | D | B | D | B | C | A | A | A | Closed | FCRE1479 | 2026-06-11 08:15 | 2026-06-11 08:17 | Waived | 2 - Non-Material | C | B | Credit | Assets | Asset 1 Does Not Meet Guideline Requirements | Waived-Client exception granted, waiver applied with comp factors. - Due Diligence Vendor-06/11/2026 Open-Asset Record 1 Does Not Meet G/L Requirements Exception request to use 100% of the business assets where the borrower is only 50% owner. The other 50% owner is the spouse who will be on title. Exception approval in loan file. - Due Diligence Vendor-06/11/2026 |
Waived-Client exception granted, waiver applied with comp factors. - Due Diligence Vendor-06/11/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 75 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 792 Qualifying DTI below maximum allowed - Required is 50 Borrower has 32.28 |
Credit score - 70 pts above requirement DTI 15% below max Residual income - $10K month above requirement Credit history - clean credit profile. |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | Investor Post-Close | No | 9684071 | ||
| XXXX | XXXX | 10327142 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 10333102 | C | A | C | A | A | A | A | A | Closed | FCRE0134 | 2026-06-11 08:27 | 2026-06-22 12:13 | Resolved | 1 - Information | C | A | Credit | Eligibility | Issue with First Payment Letter | Resolved-Received corrected CD and First Payment - Due Diligence Vendor-06/15/2026 Ready for Review-Document Uploaded. im showing the cd and payment letter match - Buyer-06/12/2026 Open-There is an issue with First Payment Letter. Final CD reflects the amount escrowed monthly for taxes and insurance is XXXX. The First Payment Letter reflects the amount escrowed monthly for taxes and insurance is XXXX. - Due Diligence Vendor-06/11/2026 |
Resolved-Received corrected CD and First Payment - Due Diligence Vendor-06/15/2026 |
Months Reserves exceed minimum required - We have 77.80 months remaining after 3 months were deducted. Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 803 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9684569 | ||
| XXXX | XXXX | 10333102 | C | A | C | A | A | A | A | A | Closed | FCRE0197 | 2026-06-10 15:42 | 2026-06-19 13:58 | Resolved | 1 - Information | C | A | Credit | Eligibility | The Final SELLER CD/HUD is missing | Resolved-Received Seller CD as well as Final Alta Settlement statement reflecting seller payoff of both liens including XXXX - Due Diligence Vendor-06/19/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-06/12/2026 Open-The Final SELLER CD/HUD is missing. Missing fully executed final CD for Seller - Due Diligence Vendor-06/10/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-06/12/2026 |
Resolved-Received Seller CD as well as Final Alta Settlement statement reflecting seller payoff of both liens including XXXX - Due Diligence Vendor-06/19/2026 |
Months Reserves exceed minimum required - We have 77.80 months remaining after 3 months were deducted. Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 803 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9668341 | |
| XXXX | XXXX | 10333102 | C | A | C | A | A | A | A | A | Closed | FCRE0196 | 2026-06-10 15:42 | 2026-06-19 13:58 | Resolved | 1 - Information | C | A | Credit | Eligibility | Payoff(s) on the CD/HUD are not reported on Title Report | Resolved-Received Seller CD as well as Final Alta Settlement statement reflecting seller payoff of both liens including XXXX - Due Diligence Vendor-06/19/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-06/18/2026 Counter-Received CD. Review of Title document a Lien with XXXX. This lien was not reflected as paid of CD. Finding remains. - Due Diligence Vendor-06/15/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-06/12/2026 Open-Payoff(s) on the CD/HUD are not reported on Title Report. Need fully executed final CD showing lien on title has been paid off by seller. - Due Diligence Vendor-06/10/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-06/18/2026 |
Resolved-Received Seller CD as well as Final Alta Settlement statement reflecting seller payoff of both liens including XXXX - Due Diligence Vendor-06/19/2026 |
Months Reserves exceed minimum required - We have 77.80 months remaining after 3 months were deducted. Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 803 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9668342 | |
| XXXX | XXXX | 10298527 | C | A | C | A | A | A | A | A | Closed | FCRE1206 | 2026-06-11 07:11 | 2026-06-24 12:02 | Resolved | 1 - Information | C | A | Credit | Eligibility | All Interested Parties Not Checked with Exclusionary Lists | Resolved-Received updated Fraud Report, added Spouse all clear - Due Diligence Vendor-06/24/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-06/23/2026 Open-All Interested Parties Not Checked with Exclusionary Lists Need OFAC check on non borrowing party listed on title. - Due Diligence Vendor-06/11/2026 |
Resolved-Received updated Fraud Report, added Spouse all clear - Due Diligence Vendor-06/24/2026 |
Long term residence - Borrower has owned subject property since XXXX - 2 years and 4 months. Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 801 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 9682638 | ||
| XXXX | XXXX | 10298527 | C | A | C | A | A | A | A | A | Closed | FCRE1440 | 2026-06-11 07:09 | 2026-06-24 11:58 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received Credit Supplement that reflects no late mortgage payments and XXXX - Due Diligence Vendor-06/24/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-06/23/2026 Open-Housing History Does Not Meet Guideline Requirements Primary loan is with XXXX. Statement provided reflects the last payment made was posted on 02/03/2026 for the 02/2026 payment. Statement ending date is 03/26/2026. Please provide housing history to cover the 03/2026 and 04/2026 payment since the subject closed on XXXX. - Due Diligence Vendor-06/11/2026 |
Resolved-Received Credit Supplement that reflects no late mortgage payments and XXXX - Due Diligence Vendor-06/24/2026 |
Long term residence - Borrower has owned subject property since XXXX - 2 years and 4 months. Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 801 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 9682157 | ||
| XXXX | XXXX | 10298551 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | XXXX | 10318798 | D | B | D | B | C | A | A | A | Closed | FCRE5782 | 2026-06-12 07:40 | 2026-06-25 16:01 | Waived | 2 - Non-Material | D | B | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Waived-Client waiver applied to non-material finding with compensating factors - Due Diligence Vendor-06/25/2026 Ready for Review-Document Uploaded. Investor waiver - Seller-06/25/2026 Counter-XXXX will also accept a credit refresh/gap report within a 10-day window; however, the UDN provided was more than 10 days after closing. Please provide an exception from XXXX. - Due Diligence Vendor-06/23/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-06/22/2026 Open-Borrower 1 Gap Credit Report is Missing Missing Gap Credit Report within 10 days of closing - Due Diligence Vendor-06/12/2026 |
Ready for Review-Document Uploaded. Investor waiver - Seller-06/25/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-06/22/2026 |
Waived-Client waiver applied to non-material finding with compensating factors - Due Diligence Vendor-06/25/2026 |
LTV is less than guideline maximum - Required is 70 Borrower has 61.54 Qualifying DTI below maximum allowed - Required is 50 Borrower has 24.93 |
Credit Score 671 DTI 32% Employment Stability 18 years Reserves 80 months Residual Income $5000 Credit History Good, LTV 62% |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | Investor Post-Close | No | 9712936 |
| XXXX | XXXX | 10318798 | D | B | D | B | C | A | A | A | Closed | FCRE1440 | 2026-06-12 07:40 | 2026-06-25 16:00 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Client waiver applied to non-material finding with compensating factors. - Due Diligence Vendor-06/25/2026 Ready for Review-Exception request and approval were delivered in loan file - Buyer-06/25/2026 Open-Housing History Does Not Meet Guideline Requirements Exception request Borrower unable to document most recent 12 month housing history. The borrower is currently paying her ex-husband rent for their marital home since January. It is a difficult divorce and the ex-husband will not provide anything to help her with her loan. Exception approval in loan file - Due Diligence Vendor-06/12/2026 |
Waived-Client waiver applied to non-material finding with compensating factors. - Due Diligence Vendor-06/25/2026 |
LTV is less than guideline maximum - Required is 70 Borrower has 61.54 Qualifying DTI below maximum allowed - Required is 50 Borrower has 24.93 |
Credit Score 671 DTI 32% Employment Stability 18 years Reserves 80 months Residual Income $5000 Credit History Good, LTV 62% |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | Investor Post-Close | No | 9712935 | ||
| XXXX | XXXX | 10318798 | D | B | D | B | C | A | A | A | Closed | FCRE1325 | 2026-06-12 07:22 | 2026-06-22 10:25 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 CPA Letter Missing | Resolved-Received confirmation of EA license - Due Diligence Vendor-06/22/2026 Ready for Review-Document Uploaded. IRS confirmation that the tax preparer is an EA (Enrolled Agent), which meets the requirements of the XXXX, Bank Statement Guidelines - Buyer-06/18/2026 Open-Borrower 1 CPA Letter Missing Provide validation of CPA license number - Due Diligence Vendor-06/12/2026 |
Resolved-Received confirmation of EA license - Due Diligence Vendor-06/22/2026 |
LTV is less than guideline maximum - Required is 70 Borrower has 61.54 Qualifying DTI below maximum allowed - Required is 50 Borrower has 24.93 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9712666 | ||
| XXXX | XXXX | 10318798 | D | B | D | B | C | A | A | A | Closed | FCOM0013 | 2026-06-11 09:38 | 2026-06-19 10:41 | Resolved | 1 - Information | C | A | Compliance | Disclosure | Missing e-Consent | Resolved-Received acknowledgement of E-Consent. Finding Resolved. - Due Diligence Vendor-06/19/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-06/18/2026 Open-Missing e-Consent. Please provide Borrower’s acknowledgement of e-consent - Due Diligence Vendor-06/11/2026 |
Resolved-Received acknowledgement of E-Consent. Finding Resolved. - Due Diligence Vendor-06/19/2026 |
LTV is less than guideline maximum - Required is 70 Borrower has 61.54 Qualifying DTI below maximum allowed - Required is 50 Borrower has 24.93 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9686384 | ||
| XXXX | XXXX | 10318757 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | XXXX | 10333105 | D | A | D | A | A | A | A | A | Closed | FCOM1352 | 2026-06-18 08:43 | 2026-06-22 09:06 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Received The Business Purpose Affidavit Disclosure - Due Diligence Vendor-06/22/2026 Ready for Review-Document Uploaded. - Seller-06/18/2026 Open-The Business Purpose Affidavit Disclosure is Missing Guidelines require the Borrower Certification of Business Purpose - Due Diligence Vendor-06/18/2026 |
Ready for Review-Document Uploaded. - Seller-06/18/2026 |
Resolved-Received The Business Purpose Affidavit Disclosure - Due Diligence Vendor-06/22/2026 |
LTV is less than guideline maximum - Required is 75 Borrower has 60.24 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 772 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 9815499 | |
| XXXX | XXXX | 10327122 | D | B | D | B | A | A | A | A | Closed | FCOM1352 | 2026-06-16 10:19 | 2026-06-22 16:31 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-After further review, this is not required on investment purchase transaction. The occupancy affidavit was provided. - Due Diligence Vendor-06/22/2026 Ready for Review-Document Uploaded. This is a Purchase, this form is not required - Buyer-06/17/2026 Open-The Business Purpose Affidavit Disclosure is Missing Business Purpose Affidavit is required to be fully completed/executed by all borrowers (closed in Entity name). - Due Diligence Vendor-06/16/2026 |
Resolved-After further review, this is not required on investment purchase transaction. The occupancy affidavit was provided. - Due Diligence Vendor-06/22/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 21.43 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 766 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9766124 | ||
| XXXX | XXXX | 10327122 | D | B | D | B | A | A | A | A | Closed | FCRE8702 | 2026-06-16 10:19 | 2026-06-16 13:29 | Waived | 2 - Non-Material | C | B | Credit | Borrower | Business Entity Formation Document is Incomplete | Waived-Client exception granted, waiver applied with comp factors. - Due Diligence Vendor-06/16/2026 Open-The Business Entity Formation Document is incomplete EXCEPTION request to proceed with closing in business name that is layered. The top LLC in which we would be closing in the name is owned 100% by the bottom LLC that is 100% owned by our borrowers. Guides indicate layering is not allowed. Exception approval in loan file. - Due Diligence Vendor-06/16/2026 |
Waived-Client exception granted, waiver applied with comp factors. - Due Diligence Vendor-06/16/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 21.43 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 766 |
Fico 66 points above min DTI 25% below max |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | Investor Post-Close | No | 9766125 | ||
| XXXX | XXXX | 10318778 | C | A | C | A | A | A | A | A | Closed | FCRE7375 | 2026-06-17 08:54 | 2026-06-23 12:37 | Resolved | 1 - Information | C | A | Credit | Borrower | Citizenship Does Not Meet Guideline Requirements | Resolved-After further review, the loan file contains the front and back of the I-551 and the I-797. - Due Diligence Vendor-06/23/2026 Open-Co-Borrower's Permanent Resident Card expired as of XXXX; Missing documentation which confirms borrower's legal US residency, Missing both front and back, clear legible images. Other findings may apply. - Due Diligence Vendor-06/17/2026 |
Resolved-After further review, the loan file contains the front and back of the I-551 and the I-797. - Due Diligence Vendor-06/23/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 773 Qualifying DTI below maximum allowed - Required is 50 Borrower has 42.26 LTV is less than guideline maximum - Required is 75 Borrower has 24.6 Months Reserves exceed minimum required - Reserves: 67 Min 6 (12.58 months w/o net proceeds) Residual Income =/> 1.5 times $3,500 monthly residual income - Residual Income: $18,054.27 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 9788999 | |||
| XXXX | XXXX | 10345424 | D | A | D | A | A | A | A | A | Closed | FCRE0700 | 2026-06-16 09:09 | 2026-06-24 12:33 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Closing Detail Statement Document is Missing | Resolved-Closing Detail Statement Document is not Missing, or Not Applicable. - Due Diligence Vendor-06/24/2026 Ready for Review-Document Uploaded. reupload document for review to clear remaining suspense condition. - Buyer-06/23/2026 Open-Closing Detail Statement Document is Missing and subject property is an Investment property. Provide final CD - Due Diligence Vendor-06/17/2026 |
Resolved-Closing Detail Statement Document is not Missing, or Not Applicable. - Due Diligence Vendor-06/24/2026 |
Months Reserves exceed minimum required - Min 3, actual 77.77 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 795 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9764703 | ||
| XXXX | XXXX | 10345424 | D | A | D | A | A | A | A | A | Closed | FCRE0197 | 2026-06-17 08:32 | 2026-06-22 09:35 | Resolved | 1 - Information | C | A | Credit | Eligibility | The Final SELLER CD/HUD is missing | Resolved-Received Seller CD/ Final Settlement statement. - Due Diligence Vendor-06/22/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-06/18/2026 Open-The Final SELLER CD/HUD is missing. Provide seller final CD - Due Diligence Vendor-06/17/2026 |
Resolved-Received Seller CD/ Final Settlement statement. - Due Diligence Vendor-06/22/2026 |
Months Reserves exceed minimum required - Min 3, actual 77.77 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 795 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9788693 | ||
| XXXX | XXXX | 10345424 | D | A | D | A | A | A | A | A | Closed | FCRE1498 | 2026-06-17 18:24 | 2026-06-22 09:33 | Resolved | 1 - Information | C | A | Credit | Eligibility | Borrower Rental Experience Insufficient per Guidelines (DSCR) | Resolved-Received QCD reflecting borrower own REO for 12+ months - Due Diligence Vendor-06/22/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-06/18/2026 Open-Borrower Rental Experience Insufficient per Guidelines (DSCR Loan Type) Provide evidence the borrower is an experienced investor. Borrower owns property 3b; however, no evidence the borrower has owned 12+ months. Subject to additional conditions. - Due Diligence Vendor-06/17/2026 |
Resolved-Received QCD reflecting borrower own REO for 12+ months - Due Diligence Vendor-06/22/2026 |
Months Reserves exceed minimum required - Min 3, actual 77.77 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 795 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9802081 | ||
| XXXX | XXXX | 10345400 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 10318759 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 10327152 | C | A | C | A | A | A | A | A | Closed | FCRE0116 | 2026-06-19 10:29 | 2026-06-24 11:39 | Resolved | 1 - Information | C | A | Credit | Eligibility | Missing Warrantability Documentation | Resolved-Received 1008 with UW Attestation, Non Warrantable - Due Diligence Vendor-06/24/2026 Ready for Review-Document Uploaded. Please see UW comments on bottom of sheet uploaded - Buyer-06/23/2026 Ready for Review-Document Uploaded. Condo docs and UW transmittal summary - Buyer-06/23/2026 Open-Missing Warrantability Documentation. Provide lender's warrantability document - Due Diligence Vendor-06/22/2026 |
Resolved-Received 1008 with UW Attestation, Non Warrantable - Due Diligence Vendor-06/24/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 809 LTV is less than guideline maximum - Required is 80 Borrower has 70 Qualifying DTI below maximum allowed - Required is 50 Borrower has 17.83 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9843123 | ||
| XXXX | XXXX | 10327152 | C | A | C | A | A | A | A | A | Closed | FCRE0206 | 2026-06-19 09:09 | 2026-06-24 11:36 | Resolved | 1 - Information | C | A | Credit | Eligibility | Loss payee issue on Hazard Insurance | Resolved-Upon further review, Loss Payee is acceptable - Due Diligence Vendor-06/24/2026 Ready for Review-Document Uploaded. Seller response - Buyer-06/23/2026 Open-Loss payee issue on Hazard Insurance. Mortgagee clause has different Lender listed. Provide policy with current lender - Due Diligence Vendor-06/19/2026 |
Resolved-Upon further review, Loss Payee is acceptable - Due Diligence Vendor-06/24/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 809 LTV is less than guideline maximum - Required is 80 Borrower has 70 Qualifying DTI below maximum allowed - Required is 50 Borrower has 17.83 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9841143 | ||
| XXXX | XXXX | 10327081 | D | A | D | A | A | A | C | A | Closed | FPRO1257 | 2026-06-22 08:20 | 2026-06-29 11:43 | Resolved | 1 - Information | C | A | Property | Value | Primary Property Value is not Substantiated | Resolved-Received CDA supporting value - Due Diligence Vendor-06/29/2026 Ready for Review-Document Uploaded. cda - Seller-06/25/2026 Open-The Primary Property Value is unsubstantiated. Additional valuation product is required. - Due Diligence Vendor-06/22/2026 |
Ready for Review-Document Uploaded. cda - Seller-06/25/2026 |
Resolved-Received CDA supporting value - Due Diligence Vendor-06/29/2026 |
LTV is less than guideline maximum - Required is 75 Borrower has 70 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 781 DSCR =/> 1.00 and minimum is 0.85 or Less - 1.077 Required is 0.8 Borrower has 1.077 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 9860467 | |
| XXXX | XXXX | 10327081 | D | A | D | A | A | A | C | A | Closed | FCRE1201 | 2026-06-22 08:35 | 2026-06-29 11:42 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Received Third Party Fraud Report - Due Diligence Vendor-06/29/2026 Ready for Review-Document Uploaded. fraude report - Seller-06/25/2026 Open-Missing Third Party Fraud Report - Due Diligence Vendor-06/22/2026 |
Ready for Review-Document Uploaded. fraude report - Seller-06/25/2026 |
Resolved-Received Third Party Fraud Report - Due Diligence Vendor-06/29/2026 |
LTV is less than guideline maximum - Required is 75 Borrower has 70 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 781 DSCR =/> 1.00 and minimum is 0.85 or Less - 1.077 Required is 0.8 Borrower has 1.077 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 9860618 | |
| XXXX | XXXX | 10327081 | D | A | D | A | A | A | C | A | Closed | FCRE8701 | 2026-06-22 08:05 | 2026-06-29 11:41 | Resolved | 1 - Information | C | A | Credit | Borrower | Business Entity Formation Document is Missing | Resolved-The Business Entity Formation Document was provided. - Due Diligence Vendor-06/25/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-06/24/2026 Open-The Business Entity Formation Document is Missing. o Entity Articles of Organization, Partnership, and Operating Agreements as required. o Tax Identification Number (Employer Identification Number – EIN). In any case where a sole proprietor is using SSN in lieu of EIN, provide UW cert or supporting documentation to confirm. o Certificate of Good Standing o Certificate of Authorization for the person executing all documents on behalf of the Entity o LLC Borrowing Certificate required when all members are not on the loan For XXXX, missing the following Entity documentation: (1) Entity Articles of Organization/Incorporation, Partnership, and Operating Agreements (if applicable) (2) Corporate documents that contain a list of owners along with titles - Due Diligence Vendor-06/22/2026 |
Resolved-The Business Entity Formation Document was provided. - Due Diligence Vendor-06/25/2026 |
LTV is less than guideline maximum - Required is 75 Borrower has 70 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 781 DSCR =/> 1.00 and minimum is 0.85 or Less - 1.077 Required is 0.8 Borrower has 1.077 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 9860289 | ||
| XXXX | XXXX | 10327081 | D | A | D | A | A | A | C | A | Closed | FCOM1351 | 2026-06-22 08:05 | 2026-06-29 11:41 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Guaranty Agreement Missing | Resolved-Received Guaranty Agreement for B2 - Due Diligence Vendor-06/29/2026 Ready for Review-Document Uploaded. XXXX guaranty - Buyer-06/25/2026 Counter-Borrower 1 Guaranty agreement was provided; per original finding, the only Guaranty in file was for B1. Please provide the Guaranty for B2. - Due Diligence Vendor-06/25/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-06/24/2026 Open-The Subject Loan is a Business Purpose Loan but the Guaranty Agreement Doc is 'Partial'. All borrowers signing the Note on behalf of the borrowing entity are required to provide a personal guaranty. Guaranty provided for B1 only. - Due Diligence Vendor-06/22/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-06/24/2026 |
Resolved-Received Guaranty Agreement for B2 - Due Diligence Vendor-06/29/2026 |
LTV is less than guideline maximum - Required is 75 Borrower has 70 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 781 DSCR =/> 1.00 and minimum is 0.85 or Less - 1.077 Required is 0.8 Borrower has 1.077 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 9860290 | |
| XXXX | XXXX | 10327081 | D | A | D | A | A | A | C | A | Closed | FCRE0082 | 2026-06-22 08:16 | 2026-06-25 11:02 | Resolved | 1 - Information | C | A | Credit | Title | Vested Owner Signature Requirement Not met | Resolved-Quit Claim Deed was provided. - Due Diligence Vendor-06/25/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-06/24/2026 Open-Vested Owner Signature Requirement Not met. Missing Quit Claim Deed from XXXX - Due Diligence Vendor-06/22/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-06/24/2026 |
Resolved-Quit Claim Deed was provided. - Due Diligence Vendor-06/25/2026 |
LTV is less than guideline maximum - Required is 75 Borrower has 70 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 781 DSCR =/> 1.00 and minimum is 0.85 or Less - 1.077 Required is 0.8 Borrower has 1.077 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 9860421 | |
| XXXX | XXXX | 10327081 | D | A | D | A | A | A | C | A | Closed | FCRE1152 | 2026-06-22 08:45 | 2026-06-25 11:02 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Tax estimate without exemptions was provided. - Due Diligence Vendor-06/25/2026 Ready for Review-Document Uploaded. we used the original estimated appraisal value tax est, but came in lower. we can use th higher amount on 1003. borrower qualifies and no escrows - Seller-06/24/2026 Open-Missing Evidence of Property Tax as per the final 1003 - Due Diligence Vendor-06/22/2026 |
Ready for Review-Document Uploaded. we used the original estimated appraisal value tax est, but came in lower. we can use th higher amount on 1003. borrower qualifies and no escrows - Seller-06/24/2026 |
Resolved-Tax estimate without exemptions was provided. - Due Diligence Vendor-06/25/2026 |
LTV is less than guideline maximum - Required is 75 Borrower has 70 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 781 DSCR =/> 1.00 and minimum is 0.85 or Less - 1.077 Required is 0.8 Borrower has 1.077 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 9860706 | |
| XXXX | XXXX | 10333153 | D | B | D | B | A | A | A | A | Closed | FCRE0700 | 2026-06-18 14:09 | 2026-06-23 14:26 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Closing Detail Statement Document is Missing | Resolved-Closing Detail Statement Document is not Missing, or Not Applicable. - Due Diligence Vendor-06/23/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-06/22/2026 Open-Closing Detail Statement Document is Missing and subject property is an Investment property. Closing Detail Statement Document is Missing - Due Diligence Vendor-06/18/2026 |
Resolved-Closing Detail Statement Document is not Missing, or Not Applicable. - Due Diligence Vendor-06/23/2026 |
Months Reserves exceed minimum required - Min 3, actual 8.19 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 740 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9825790 | ||
| XXXX | XXXX | 10333153 | D | B | D | B | A | A | A | A | Closed | FCOM1352 | 2026-06-19 12:46 | 2026-06-23 14:00 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-The Business Purpose Affidavit Disclosure was provided. - Due Diligence Vendor-06/23/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-06/22/2026 Open-The Business Purpose Affidavit Disclosure is Missing Provide Business Purpose Affidavit Disclosure - Due Diligence Vendor-06/19/2026 |
Resolved-The Business Purpose Affidavit Disclosure was provided. - Due Diligence Vendor-06/23/2026 |
Months Reserves exceed minimum required - Min 3, actual 8.19 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 740 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9845301 | ||
| XXXX | XXXX | 10333153 | D | B | D | B | A | A | A | A | Closed | FCRE0970 | 2026-06-22 13:03 | 2026-06-22 13:05 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Appraisal has issues (credit) | Waived-Blanket waiver for no XXXX - Due Diligence Vendor-06/22/2026 Open-All appraisals must be ordered through an XXXX. - Due Diligence Vendor-06/22/2026 |
Waived-Blanket waiver for no XXXX - Due Diligence Vendor-06/22/2026 |
Months Reserves exceed minimum required - Min 3, actual 8.19 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 740 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | Investor Post-Close | No | 9868475 | |||
| XXXX | XXXX | 10327136 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | ||||||||||||||||||
| XXXX | XXXX | 10354208 | D | B | D | B | A | A | A | A | Closed | FCRE0197 | 2026-06-23 12:25 | 2026-06-26 09:32 | Resolved | 1 - Information | C | A | Credit | Eligibility | The Final SELLER CD/HUD is missing | Resolved-Seller CD was provided. - Due Diligence Vendor-06/26/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-06/25/2026 Open-The Final SELLER CD/HUD is missing. - Due Diligence Vendor-06/23/2026 |
Resolved-Seller CD was provided. - Due Diligence Vendor-06/26/2026 |
DSCR =/> 1.00 and minimum is 0.85 or Less - Required is 0.8 Borrower has 1.409 Required is 0.8 Borrower has 1.409 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 732 Required is 700 Borrower has 732 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9892779 | ||
| XXXX | XXXX | 10354208 | D | B | D | B | A | A | A | A | Closed | FCRE0043 | 2026-06-23 12:25 | 2026-06-26 09:29 | Resolved | 1 - Information | D | A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-DSCR worksheet was provided. - Due Diligence Vendor-06/26/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-06/25/2026 Open-The DSCR Calculation from lender is Missing. - Due Diligence Vendor-06/23/2026 |
Resolved-DSCR worksheet was provided. - Due Diligence Vendor-06/26/2026 |
DSCR =/> 1.00 and minimum is 0.85 or Less - Required is 0.8 Borrower has 1.409 Required is 0.8 Borrower has 1.409 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 732 Required is 700 Borrower has 732 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9892776 | ||
| XXXX | XXXX | 10354208 | D | B | D | B | A | A | A | A | Closed | FCRE0210 | 2026-06-23 10:36 | 2026-06-25 21:06 | Waived | 2 - Non-Material | B | B | Credit | Eligibility | XX Prepayment Penalty Entity Loan - LLC/LP/LLP | Waived-Client waiver applied to non-material finding. Loan closed in an entity name (LLC). - Due Diligence Vendor-06/24/2026 Open-XXXX a prepayment penalty may only be applied to corporations, C-Corp, and S-Corp specifically. Under XXXX, a prepayment penalty is not permitted to be charged to an LLC. - Due Diligence Vendor-06/23/2026 |
Waived-Client waiver applied to non-material finding. Loan closed in an entity name (LLC). - Due Diligence Vendor-06/24/2026 |
DSCR =/> 1.00 and minimum is 0.85 or Less - Required is 0.8 Borrower has 1.409 Required is 0.8 Borrower has 1.409 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 732 Required is 700 Borrower has 732 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | Investor Post-Close | No | 9889098 | |||
| XXXX | XXXX | 10354170 | C | B | C | B | A | A | A | A | Closed | FCRE0140 | 2026-06-23 13:17 | 2026-06-24 16:32 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | DSCR loan does not meet program guidelines | Waived-Client exception granted to proceed without having to apply a PPP for this DSCR loan where the DSCR is below 1.00. Our guides require a PPP be applied on the loan when the DSCR is below 1.0 and the LTV is 75% or above. Non-material waiver applied with comp factors. - Due Diligence Vendor-06/24/2026 Open-DSCR loans with DSCR < 1 and LTV at 75% required a PPP. Lender exception in file. - Due Diligence Vendor-06/23/2026 |
Waived-Client exception granted to proceed without having to apply a PPP for this DSCR loan where the DSCR is below 1.00. Our guides require a PPP be applied on the loan when the DSCR is below 1.0 and the LTV is 75% or above. Non-material waiver applied with comp factors. - Due Diligence Vendor-06/24/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 744 Months Reserves exceed minimum required - 47 months reserves documented, 3 months required |
FICO Mortgage History |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | Investor Post-Close | No | 9894091 | ||
| XXXX | XXXX | 10333124 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | XXXX | 10268906 | D | B | D | B | A | A | A | A | Closed | FCRE1194 | 2026-06-25 20:13 | 2026-06-30 10:55 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Client waiver applied to non-material Findings with Comp Factors - First time investor putting less than 25% down - Allow LTV to 80% - Due Diligence Vendor-06/30/2026 Ready for Review-Document Uploaded. Exception request and approval for FTI at 80% LTV - Buyer-06/29/2026 Open-Audited LTV of 80% exceeds Guideline LTV of 75% 80% LTV/CLTV/HCLTV Exceeds 75% maximum for First Time Investor with the DSCR Loan Program. Exception approved, missing copy of request and approval. - Due Diligence Vendor-06/26/2026 |
Waived-Client waiver applied to non-material Findings with Comp Factors - First time investor putting less than 25% down - Allow LTV to 80% - Due Diligence Vendor-06/30/2026 |
Months Reserves exceed minimum required - Reserves: 27 Min 12 DSCR % greater than 1.20 - DSCR: 1.707 Min 1.0 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 807 |
Credit Score: Reserves (months): 20 Credit History: No delinquent payments DSCR = 1.32 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | Investor Post-Close | No | 9947934 | |
| XXXX | XXXX | 10268906 | D | B | D | B | A | A | A | A | Closed | FCRE0043 | 2026-06-25 20:05 | 2026-06-30 10:51 | Resolved | 1 - Information | D | A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR Calculation - Due Diligence Vendor-06/30/2026 Ready for Review-Document Uploaded. supporting docs - Buyer-06/29/2026 Open-The DSCR Calculation from lender is Missing. Missing lender's DSCR Calculation Worksheet or 1008 showing calculation. - Due Diligence Vendor-06/26/2026 |
Resolved-Received DSCR Calculation - Due Diligence Vendor-06/30/2026 |
Months Reserves exceed minimum required - Reserves: 27 Min 12 DSCR % greater than 1.20 - DSCR: 1.707 Min 1.0 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 807 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9947809 | ||
| XXXX | XXXX | 10268906 | D | B | D | B | A | A | A | A | Closed | FCRE0197 | 2026-06-25 20:05 | 2026-06-30 10:51 | Resolved | 1 - Information | C | A | Credit | Eligibility | The Final SELLER CD/HUD is missing | Resolved-Received Seller CD - Due Diligence Vendor-06/30/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-06/29/2026 Open-The Final SELLER CD/HUD is missing. Missing seller closing disclosure to confirm Settlement statement provided reflects all fees, payoffs or prorations assessed to seller. - Due Diligence Vendor-06/26/2026 |
Resolved-Received Seller CD - Due Diligence Vendor-06/30/2026 |
Months Reserves exceed minimum required - Reserves: 27 Min 12 DSCR % greater than 1.20 - DSCR: 1.707 Min 1.0 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 807 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9947810 | ||
| XXXX | XXXX | 10345379 | C | A | C | A | A | A | A | A | Closed | FCRE0109 | 2026-06-25 23:00 | 2026-06-30 12:35 | Resolved | 1 - Information | C | A | Credit | Eligibility | Missing Disclosure - Patriot Act Borrower Identification Form | Resolved-Received executed Patriot Act Discl - Due Diligence Vendor-06/30/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-06/29/2026 Open-Missing Disclosure - Patriot Act Borrower Identification Form. - Due Diligence Vendor-06/26/2026 |
Resolved-Received executed Patriot Act Discl - Due Diligence Vendor-06/30/2026 |
LTV is less than guideline maximum - Required is 75 Borrower has 60 Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 813 |
XXXX | ATR/QM: CDFI Lender Exempt | ATR/QM: CDFI Lender Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9948226 | ||
| XXXX | XXXX | 10345379 | C | A | C | A | A | A | A | A | Closed | FCRE0197 | 2026-06-25 23:00 | 2026-06-30 12:28 | Resolved | 1 - Information | C | A | Credit | Eligibility | The Final SELLER CD/HUD is missing | Resolved-Received executed buyer/seller CD - Due Diligence Vendor-06/30/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-06/29/2026 Open-The Final SELLER CD/HUD is missing. - Due Diligence Vendor-06/26/2026 |
Resolved-Received executed buyer/seller CD - Due Diligence Vendor-06/30/2026 |
LTV is less than guideline maximum - Required is 75 Borrower has 60 Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 813 |
XXXX | ATR/QM: CDFI Lender Exempt | ATR/QM: CDFI Lender Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9948227 | ||
| XXXX | XXXX | 10362183 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other |