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

1000674912

Closed

FCRE1506

2026-03-25 00:27

2026-07-27 16:04

Resolved

1 - Information

Credit

QM-ATR

Invalid Final QM Status - ATR/QM: Status Pending

Resolved-Received confirmation Feb and Jan payments made and Final CD for refi of REO - Due Diligence Vendor-04/01/2026
Ready for Review-Document Uploaded. see attached mortgage statements for XXXX property. The XXXX property was refinanced in February and existing loan paid off. - Seller-03/31/2026
Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Missing housing history: REO 3C: Provide proof Jan and Feb 2026 payments paid as agreed; REO 3F: Provide proof Feb 2026 payment has been paid as agreed.
-----
REO 3J has a new loan with XXXX for XXXX. Please provide a copy of the Note to verify the P&I payment, as well as an updated HOI policy to verify the hazard insurance payment. - Due Diligence Vendor-03/25/2026

Ready for Review-Document Uploaded. see attached mortgage statements for XXXX property. The XXXX property was refinanced in February and existing loan paid off. - Seller-03/31/2026

Resolved-Received confirmation Feb and Jan payments made and Final CD for refi of REO - Due Diligence Vendor-04/01/2026

Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 762

LTV is less than guideline maximum - Required is 80 Borrower has 63.33

Qualifying DTI below maximum allowed - Required is 50 Borrower has 27.69

XXXX

QM: Safe Harbor Verified (V SH)

XXXX

Second Home

Refinance

No Cash Out - Borrower Initiated

N/A

8304864

XXXX

1000674912

Closed

FCRE1440

2026-03-24 09:09

2026-04-01 14:17

Resolved

1 - Information

Credit

Eligibility

Housing History Does Not Meet Guideline Requirements

Resolved-Received confirmation Feb and Jan payments made and Final CD for refi of REO - Due Diligence Vendor-04/01/2026
Ready for Review-Document Uploaded. see attached mortgage statements for XXXX property. The XXXX property was refinanced in February and existing loan paid off. - Seller-03/31/2026
Open-Housing History Does Not Meet Guideline Requirements REO 3C: Provide proof Jan and Feb 2026 payments paid as agreed.
REO 3F: Provide proof Feb 2026 payment has been paid as agreed.
Additional conditions may apply. - Due Diligence Vendor-03/24/2026

Ready for Review-Document Uploaded. see attached mortgage statements for XXXX property. The XXXX property was refinanced in February and existing loan paid off. - Seller-03/31/2026

Resolved-Received confirmation Feb and Jan payments made and Final CD for refi of REO - Due Diligence Vendor-04/01/2026

XXXX

QM: Safe Harbor Verified (V SH)

XXXX

Second Home

Refinance

No Cash Out - Borrower Initiated

N/A

8285720

XXXX

1000674912

Closed

FCRE7497

2026-03-24 09:05

2026-03-30 16:15

Resolved

1 - Information

Credit

Missing Doc

Missing verification of taxes, insurance, and/or HOA fees for non-subject property

Resolved-Received PITIA. - Due Diligence Vendor-03/30/2026
Ready for Review-Document Uploaded. See attached note, CD, and HOI for XXXX property. Mortgage has been sold to XXXX and is reflected on credit refresh. - Seller-03/27/2026
Counter-Received final CD for property 3g. Missing for XXXX. - Due Diligence Vendor-03/27/2026
Ready for Review-Document Uploaded. See attached note and CD to confirm terms of refinance. - Seller-03/25/2026
Open-Final loan application notes REO 3J has a new loan with XXXX for XXXX. Please provide a copy of the Note to verify the P&I payment, as well as an updated HOI policy to verify the hazard insurance payment. Due to missing updated documentation, Audit utilized the lender's P&I payment.
***It should be noted an LOX in file from borrower states they own this property free and clear and do not carry HOI, and no HOI documentation was provided in the loan file. Additional conditions may apply. - Due Diligence Vendor-03/24/2026

Ready for Review-Document Uploaded. See attached note, CD, and HOI for XXXX property. Mortgage has been sold to XXXX and is reflected on credit refresh. - Seller-03/27/2026
Ready for Review-Document Uploaded. See attached note and CD to confirm terms of refinance. - Seller-03/25/2026

Resolved-Received PITIA. - Due Diligence Vendor-03/30/2026

XXXX

QM: Safe Harbor Verified (V SH)

XXXX

Second Home

Refinance

No Cash Out - Borrower Initiated

N/A

8285629

XXXX

1000674912

Closed

FCRE1316

2026-03-24 07:50

2026-03-30 16:13

Resolved

1 - Information

Credit

Missing Doc

Borrower 1 3rd Party VOE Prior to Close Missing

Resolved-Upon further review, income was not used. - Due Diligence Vendor-03/30/2026

Ready for Review-No income was used to qualify borrower from this business; 3rd party VOE not required. - Seller-03/27/2026

Open-Borrower 1 3rd Party VOE Prior to Close Missing Missing 3rd Party VOE for borrower's business #5 on the loan application. - Due Diligence Vendor-03/24/2026

Ready for Review-No income was used to qualify borrower from this business; 3rd party VOE not required. - Seller-03/27/2026

Resolved-Upon further review, income was not used. - Due Diligence Vendor-03/30/2026

QM: Safe Harbor Verified (V SH)

XXXX

Second Home

Refinance

No Cash Out - Borrower Initiated

N/A

8284258

XXXX

1000674912

Closed

FCRE1335

2026-03-24 07:50

2026-03-30 16:13

Resolved

1 - Information

Credit

Missing Doc

Borrower 1 IRS Transcripts Missing

Resolved-Received 2024 Transcripts - Due Diligence Vendor-03/30/2026
Ready for Review-Document Uploaded. see attached CPA confirmation of filing. - Seller-03/27/2026
Counter-Received no record found for 2024 1040 filings. Provide proof of filing or acceptable transcript. - Due Diligence Vendor-03/27/2026
Ready for Review-Document Uploaded. See attached 2024 No Record Found and XXXX evidence return has been received. Filing delayed due to XXXX and processing delayed due to government shutdown. Transcripts not yet available but proof of filing provided per guidelines. - Seller-03/25/2026
Open-Borrower 1 XXXX Transcripts Missing Missing 2024 IRS Transcripts to match up with 2024 personal tax returns and corroborate the lender's income worksheet for borrower's wage earnings for employer #1 on the loan application. It should be noted that the lender's income worksheet for this employer indicates the W-2 income was taken from either W-2 Wage transcript(s) or the personal tax returns. It should also be noted that the incomes on lender's worksheet were higher for both years. Audit utilized the wage earnings for 2023 and 2024 that were reported on the borrower's W-2's, which resulted in lower qualifying income for this employer. - Due Diligence Vendor-03/24/2026

Ready for Review-Document Uploaded. see attached CPA confirmation of filing. - Seller-03/27/2026
Ready for Review-Document Uploaded. See attached 2024 No Record Found and XXXX evidence return has been received. Filing delayed due to XXXX and processing delayed due to government shutdown. Transcripts not yet available but proof of filing provided per guidelines. - Seller-03/25/2026

Resolved-Received 2024 Transcripts - Due Diligence Vendor-03/30/2026

XXXX

QM: Safe Harbor Verified (V SH)

XXXX

Second Home

Refinance

No Cash Out - Borrower Initiated

N/A

8284259

XXXX

1000674912

Closed

finding-3617

2026-03-21 11:10

2026-03-30 12:05

Resolved

1 - Information

Compliance

TRID

TRID Initial Closing Disclosure Date and Funding Date Validation Test

Ready for Review-Document Uploaded. See attached final settlement statement; loan closed XXXX. - Seller-03/25/2026

Resolved-Received evidence of disbursement, Finding resolved. - Due Diligence Vendor-03/30/2026

XXXX

QM: Safe Harbor Verified (V SH)

XXXX

Second Home

Refinance

No Cash Out - Borrower Initiated

N/A

8252415

XXXX

1000674912

Closed

finding-3540

2026-03-23 10:46

2026-03-30 12:05

Resolved

1 - Information

Compliance

TRID

Revised Closing Disclosure Delivery Date Test (No Waiting Period Required) Test

Resolved-Received evidence of disbursement, Finding resolved. - Due Diligence Vendor-03/30/2026
Ready for Review-Document Uploaded. See attached final settlement statement; loan closed XXXX. - Seller-03/25/2026
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. -----Final CD shows disbursement date of XXXX, but closing date is XXXX. Provide evidence the loan did not disburse prior to closing. - Due Diligence Vendor-03/23/2026

Ready for Review-Document Uploaded. See attached final settlement statement; loan closed XXXX. - Seller-03/25/2026

Resolved-Received evidence of disbursement, Finding resolved. - Due Diligence Vendor-03/30/2026

XXXX

QM: Safe Harbor Verified (V SH)

XXXX

Second Home

Refinance

No Cash Out - Borrower Initiated

N/A

8264475

XXXX

1000674912

Closed

FCRE5790

2026-03-24 08:06

2026-03-27 09:03

Resolved

1 - Information

Credit

Closing

Borrower 1 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date)

Resolved-Received confirmation guidelines consider business day rather than calendar.  UDM is good through XXXX and Note date was XXXX.   - Due Diligence Vendor-03/27/2026
Ready for Review-Document Uploaded. See attached guideline; gap credit report must be dated with 10 business days (not calendar days).  Credit is dated XXXX and note is dated XXXX which is only 8 business days. - Seller-03/25/2026
Open-Borrower 1 Gap Credit Report is Expired (Greater than 10 days from Closing/Settlement Date). Need updated Gap Credit Report dated within 10 days of closing.  - Due Diligence Vendor-03/24/2026

Ready for Review-Document Uploaded. See attached guideline; gap credit report must be dated with 10 business days (not calendar days). Credit is dated XXXX and note is dated XXXX which is only 8 business days. - Seller-03/25/2026

Resolved-Received confirmation guidelines consider business day rather than calendar. UDM is good through XXXX and Note date was XXXX. - Due Diligence Vendor-03/27/2026

XXXX

QM: Safe Harbor Verified (V SH)

XXXX

Second Home

Refinance

No Cash Out - Borrower Initiated

N/A

8284547

XXXX

1000674912

Closed

FCOM1124

2026-03-23 11:21

2026-03-23 11:41

Waived

2 - Non-Material

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 -----Originator waiver applied to non-material Findings.
- Due Diligence Vendor-03/23/2026

QM: Safe Harbor Verified (V SH)

XXXX

Second Home

Refinance

No Cash Out - Borrower Initiated

Originator Post-Close

Yes

8265187

XXXX

1000675000

QM: Safe Harbor APOR (APOR SH)

XXXX

Primary Residence

Refinance

No Cash Out - Borrower Initiated

XXXX

1000675034

Closed

FCRE1159

2026-04-06 16:01

2026-04-10 13:25

Resolved

1 - Information

Credit

Insurance

Hazard Insurance Effective Date is after the Note Date

Resolved-Certified final settlement statement with disbursement date XXXX was provided. - Due Diligence Vendor-04/10/2026
Ready for Review-XXXX is a dry funding state so it is sent to the borrower after closing. A signature from the buyer/borrower is not required. - Seller-04/10/2026
Counter-Received Buyer SS for XXXX however it is not fully executed, please provide signed SS - Due Diligence Vendor-04/10/2026
Ready for Review-Document Uploaded. Certified settlement statement provided. - Seller-04/09/2026
Counter-Please provide signed or certified final settlement statement with disbursement date XXXX for review. - Due Diligence Vendor-04/09/2026
Ready for Review-Document Uploaded. See attached final settlement statement; Loan closed/disbursed on XXXX and HOI was effective as of XXXX. - Seller-04/07/2026
Open-Hazard Insurance Effective Date of XXXX is after the Note Date of XXXX Provide evidence of Hazard insurance effective XXXX. Disbursement date XXXX. - Due Diligence Vendor-04/06/2026

Ready for Review-XXXX is a dry funding state so it is sent to the borrower after closing. A signature from the buyer/borrower is not required. - Seller-04/10/2026
Ready for Review-Document Uploaded. Certified settlement statement provided. - Seller-04/09/2026
Ready for Review-Document Uploaded. See attached final settlement statement; Loan closed/disbursed on XXXX and HOI was effective as of XXXX. - Seller-04/07/2026

Resolved-Certified final settlement statement with disbursement date XXXX was provided. - Due Diligence Vendor-04/10/2026

LTV is less than guideline maximum - Required is 80 Borrower has 49.76

Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 820

Qualifying DTI below maximum allowed - Required is 50 Borrower has 25.53

XXXX

ATR/QM: Exempt

XXXX

Investment

Purchase

N/A

8509676

XXXX

1000675034

Closed

FCRE0177

2026-04-06 15:32

2026-04-09 15:32

Resolved

1 - Information

Credit

Eligibility

Missing Third Party Market Rent Source

Resolved-Received confirmation no rental income considered on subject. - Due Diligence Vendor-04/09/2026
Ready for Review-Document Uploaded. See attached XXXX guidelines: Required if the property is a one-unit investment property and the borrower is using rental income to qualify. Otherwise, Form 1007 is not required. We are not using rental income to qualify so 1007 is not required. - Seller-04/07/2026
Open-Missing Third Party Market Rent Source Provide Third Party Market Rent Source Form 1007 from appraisal. - Due Diligence Vendor-04/06/2026

Ready for Review-Document Uploaded. See attached XXXX guidelines: Required if the property is a one-unit investment property and the borrower is using rental income to qualify. Otherwise, Form 1007 is not required. We are not using rental income to qualify so 1007 is not required. - Seller-04/07/2026

Resolved-Received confirmation no rental income considered on subject. - Due Diligence Vendor-04/09/2026

XXXX

ATR/QM: Exempt

XXXX

Investment

Purchase

N/A

8508990

XXXX

1000675006

Closed

FCRE1325

2026-04-10 14:53

2026-04-15 11:58

Resolved

1 - Information

Credit

Missing Doc

Borrower 1 CPA Letter Missing

Resolved-Received CPA verification. - Due Diligence Vendor-04/15/2026

Ready for Review-Document Uploaded. CPA verification with license number - Seller-04/13/2026

Open-Borrower 1 CPA Letter Missing Need documentation verify CPA license number - Due Diligence Vendor-04/10/2026

Ready for Review-Document Uploaded. CPA verification with license number - Seller-04/13/2026

Resolved-Received CPA verification. - Due Diligence Vendor-04/15/2026

Qualifying DTI below maximum allowed - Required is 50 Borrower has 41.48

Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 777

XXXX

ATR/QM: Exempt

XXXX

Investment

Purchase

N/A

8601852

XXXX

1000675006

Closed

FCRE1491

2026-04-10 15:40

2026-04-15 11:56

Resolved

1 - Information

Credit

Assets

Asset Qualification Does Not Meet Guideline Requirements

Resolved-Asset Qualification Meets Guideline Requirements - Due Diligence Vendor-04/15/2026
Ready for Review-Document Uploaded. Borrower sold primary residence; see attached final settlement statement confirming proceeds. - Seller-04/13/2026
Open-Asset Qualification Does Not Meet Guideline Requirements Need explanation and source of funds for large deposit on XXXX. - Due Diligence Vendor-04/10/2026

Ready for Review-Document Uploaded. Borrower sold primary residence; see attached final settlement statement confirming proceeds. - Seller-04/13/2026

Resolved-Asset Qualification Meets Guideline Requirements - Due Diligence Vendor-04/15/2026

Qualifying DTI below maximum allowed - Required is 50 Borrower has 41.48

Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 777

XXXX

ATR/QM: Exempt

XXXX

Investment

Purchase

N/A

8603413