Loan Number

Alt Loan ID

Originator

Last Name

Note Date

Original Balance

State

TPR QM ATR Status

Loan Status

Exception Date

Remediation Status

Exception ID

Exception Type

Exception Category

Exceptions

Exception Rebuttal

Exception Rebuttal Date

Exception Rebuttal Response

Exception Rebuttal Response Date

Compensating Factors

Initial Overall Loan Grade

Final Overall Loan Grade

Initial Exception Grade

Final Exception Grade

Initial Credit Grade

Final Credit Grade

Initial Property Valuation Grade

Final Property Valuation Grade

Initial Compliance Grade

Final Compliance Grade

Initial Overall Grade (DBRS/Morningstar)

Initial Credit Grade (DBRS/Morningstar)

Initial Property Valuation Grade (DBRS/Morningstar)

Initial Compliance Grade (DBRS/Morningstar)

Initial Overall Grade (Fitch)

Initial Credit Grade (Fitch)

Initial Property Valuation Grade (Fitch)

Initial Compliance Grade (Fitch)

Initial Overall Grade (Kroll)

Initial Credit Grade (Kroll)

Initial Property Valuation Grade (Kroll)

Initial Compliance Grade (Kroll)

Initial Overall Grade (Moodys)

Initial Credit Grade (Moodys)

Initial Property Valuation Grade (Moodys)

Initial Compliance Grade (Moodys)

Initial Overall Grade (XXX)

Initial Credit Grade (XXX)

Initial Property Valuation Grade (XXX)

Initial Compliance Grade (XXX)

Final Overall Grade (DBRS/Morningstar)

Final Credit Grade (DBRS/Morningstar)

Final Property Grade (DBRS/Morningstar)

Final Compliance Grade (DBRS/Morningstar)

Final Overall Grade (Fitch)

Final Credit Grade (Fitch)

Final Property Grade (Fitch)

Final Compliance Grade (Fitch)

Final Overall Grade (Kroll)

Final Credit Grade (Kroll)

Final Property Grade (Kroll)

Final Compliance Grade (Kroll)

Final Overall Grade (Moodys)

Final Credit Grade (Moodys)

Final Property Grade (Moodys)

Final Compliance Grade (Moodys)

Final Overall Grade (XXX)

Final Credit Grade (XXX)

Final Property Grade (XXX)

Final Compliance Grade (XXX)

4000010101

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

QM: Safe Harbor APOR (APOR SH)

Loan Review Complete

02/09/2026

Resolved

XXX

Compliance

Revised Loan Estimate Delivery Date Test (prior to consummation)

This loan failed the revised loan estimate delivery date test (prior to consummation) due to one of the following findings: (12 CFR §XXX(e)(XXX)(ii) he revised loan estimate delivery date is provided and the revised loan estimate method of delivery is marked as either:"USPS First Class Mail" 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 he creditor shall not provide a revised version of the disclosures required under §XXX(e)(XXX)(i) on or after the date on which the creditor provides the disclosures required under §XXX(f)(XXX)(i). The consumer must receive a revised version of the disclosures required under §XXX(e)(XXX)(i) not later than four business days prior to consummation. If the revised version of the disclosures required §XXX(e)(XXX)(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. The file did not contain evidence to show the borrower received the revised LE at least XXX days prior to consummation

Document Uploaded. Please see the XXX internal screenshot showing that the LE dated XX/XX/XXXX was viewed/received by the borrower on XXX/XXX. Please be aware, 'Website FYI' denotes the time the LE was viewed/received by the borrower electronically.

02/12/2026

Received Final LE receipt date - exception resolved; Received Final LE receipt date - exception resolved

02/13/2026

Borrower has stable job time - Borrower has XXX years on job. | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

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4000010101

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

QM: Safe Harbor APOR (APOR SH)

Loan Review Complete

02/09/2026

Resolved

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational

02/11/2026

Borrower has stable job time - Borrower has XXX years on job. | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

C

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4000010101

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

QM: Safe Harbor APOR (APOR SH)

Loan Review Complete

02/09/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

02/11/2026

Borrower has stable job time - Borrower has XXX years on job. | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

C

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4000010103

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

QM: Higher Priced APOR (APOR HP)

Loan Review Complete

02/10/2026

Resolved

XXX

Compliance

XXX AB XXX Higher-Priced Mortgage Loan Test

This loan failed the XXX AB XXX higher-priced mortgage loan test. (XXX AB XXX California Financial Code Division XX/XX/XXXX(a) sing the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in the California Financial Code hile the California Financial Code provisions specify that lenders may lawfully make this type of loan subject to certain disclosure requirements and additional limitations, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. HPML Compliant

Informational

03/31/2026

Borrower has stable job time - Borrower has XXX years on job. | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

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4000010103

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

QM: Higher Priced APOR (APOR HP)

Loan Review Complete

02/10/2026

Resolved

XXX

Compliance

Higher-Priced Mortgage Loan Test

This loan failed the higher-priced mortgage loan test. (12 CFR § XXX(a)(XXX) sing the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z hile the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §XXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. HPML compliant- Appraisal requirement met

Informational

03/31/2026

Borrower has stable job time - Borrower has XXX years on job. | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

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4000010103

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

QM: Higher Priced APOR (APOR HP)

Loan Review Complete

02/10/2026

Resolved

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational

02/11/2026

Borrower has stable job time - Borrower has XXX years on job. | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

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4000010103

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

QM: Higher Priced APOR (APOR HP)

Loan Review Complete

02/10/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

02/11/2026

Borrower has stable job time - Borrower has XXX years on job. | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

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4000010105

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

05/11/2026

Resolved

XXX

Compliance

Lender Credits That Cannot Decrease Test

This loan failed the lender credits that cannot decrease test. (12 CFR §XXX(e)(XXX)(i) he loan contains charges that exceed the good faith determination according to §XXX(e)(XXX)(i). The final sum of specific and non-specific lender credits XXX does not exceed or equal the comparable sum of specific and non-specific lender credits ($XXX). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures n estimated closing cost disclosed pursuant to §XXX(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §XXX(e)(XXX)(i). TILA 130b Cure required. Refund in the amount of XXX cure requires a valid COC or a cure package with a post closing CD, letter of explanation, proof of refund, and proof of delivery. The file is missing a valid COC to support the reduction of the Lender Credits: -A Lender credit of XXX on the revised CD, dated XXX/XXX/XXX, was reduced to XXX on the revised CD, dated XXX/XXX/XXX, and eventually updated to XXX on the final CD dated XXX/XXX/XXX. The loan file does not contain any valid COC's for the reduction of the Lender credits.

Document Uploaded.

05/13/2026

Valid COC provided - exception resolved; Valid COC provided - exception resolved

05/14/2026

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time - Borrower has XXX years on job.

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4000010105

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

05/11/2026

Resolved

XXX

Compliance

Evidence of Appraisal Delivery to Borrower not Provided or Late (12 CFR  XXX(a)(XXX))

The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR XXX(a)(XXX)). Missing proof the borrower received a copy of the appraisal prior to closing.

Document Uploaded.

05/13/2026

Evidence of appraisal delivery provided.

05/14/2026

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time - Borrower has XXX years on job.

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4000010105

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

05/11/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

05/11/2026

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time - Borrower has XXX years on job.

C

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4000010105

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

05/11/2026

Resolved

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational

05/11/2026

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time - Borrower has XXX years on job.

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4000010107

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

04/30/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

05/04/2026

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Borrower has stable job time - Borrower has XXX years on job. | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%

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4000010107

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

05/01/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

05/04/2026

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Borrower has stable job time - Borrower has XXX years on job. | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%

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4000010107

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

05/01/2026

Resolved

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational

05/04/2026

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Borrower has stable job time - Borrower has XXX years on job. | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%

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4000010109

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

05/06/2026

Resolved

XXX

Compliance

Charges That Cannot Increase Test

This loan failed the charges that cannot increase test. (12 CFR §XXX(e)(XXX)(i) he loan contains charges that exceed the good faith determination according to §XXX(e)(XXX)(i) ne or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX lease see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures n estimated closing cost disclosed pursuant to §XXX(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §XXX(e)(XXX)(i). TILA 130b Cure Required. Refund in the amount of $XXX; cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery or Valid COC. The zero tolerance violation in the amount of XXX is due to increase from XXX to XXX for the credit report fee. The loan file does not contain a valid COC for the increase of the fee.

Document Uploaded. ; Document Uploaded.

05/15/2026

Valid COC provided - exception resolved; This loan failed the charges that cannot increase test. (12 CFR §XXX(e)(XXX)(i) he loan contains charges that exceed the good faith determination according to §XXX(e)(XXX)(i) ne or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX lease see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures n estimated closing cost disclosed pursuant to §XXX(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §XXX(e)(XXX)(i).; Refund updated to amount of XXX with no cure applied. The zero tolerance violation in the amount of XXX is due to increase from XXX to XXX for the credit report fee and from XXX to XXX for the discount points. The loan file did not contain a valid COC for the increase of either fee. The final CD included cure of XXX the discount points increase was XXX and the credit report increase was for XXX cure could apply to either. Cure was initially applied to discount points but the amounts are so close, not able to determine what the cure was meant to be applied to. After cure is applied, remaining refund due is $XXX. Please provide COC for either increase in credit report or discount points or provide additional cure package for $XXX. ; This loan failed the charges that cannot increase test. (12 CFR §XXX(e)(XXX)(i) he loan contains charges that exceed the good faith determination according to §XXX(e)(XXX)(i) ne or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX lease see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures n estimated closing cost disclosed pursuant to §XXX(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §XXX(e)(XXX)(i).

05/15/2026

Borrower has stable job time - Borrower has XXX years on job. | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

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4000010109

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

05/06/2026

Resolved

XXX

Compliance

eSigned Documents Consent is Missing

The eSigned consent disclosure is missing. Documentation required. 1st e-signed document in the file is dated XXX/XXX/XXX, however missing proof of e-consent dated XX/XX/XXXX or before.

Document Uploaded.

05/13/2026

Evidence of eConsent is provided.

05/14/2026

Borrower has stable job time - Borrower has XXX years on job. | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

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4000010109

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

05/06/2026

Resolved

XXX

Compliance

Missing Initial Escrow Disclosure

Initial Escrow Account Disclosure is Missing Documentation required to clear exception:  Please provide the Initial Escrow Account Disclosure.

Document Uploaded.

05/13/2026

Initial Escrow Account Disclosure is Resolved

05/14/2026

Borrower has stable job time - Borrower has XXX years on job. | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

D

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B

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D

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4000010109

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

05/06/2026

Resolved

XXX

Credit

All Interested Parties Not Checked with Exclusionary Lists

All Interested Parties Not Checked with Exclusionary Lists. The settlement agent (XXX XXXXX) not bas not been checked against the exclusionary lists.

Document Uploaded.

05/13/2026

Documentation is sufficient. Updated Fraud Report provided. Exception resolved.; All Interested Parties Checked against Exclusionary Lists

05/14/2026

Borrower has stable job time - Borrower has XXX years on job. | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

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4000010109

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

05/06/2026

Resolved

XXX

Credit

The Final XXX is Missing

The Final XXX is Missing. Final loan application is missing from the file.

Document Uploaded.

05/08/2026

Documentation is sufficient. XXX provided. Exception resolved.; The Final XXX is Present

05/11/2026

Borrower has stable job time - Borrower has XXX years on job. | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

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4000010109

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

05/06/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

05/07/2026

Borrower has stable job time - Borrower has XXX years on job. | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

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4000010111

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/12/2026

Resolved

XXX

Credit

Title Document Missing

Title Document is missing Title is mising

Title Commitment

05/15/2026

Title Document is fully Present; Title provided. ; Document Uploaded.

05/18/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%

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4000010111

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/12/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

05/14/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%

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4000010111

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/12/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

05/14/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%

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4000010113

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/12/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

05/14/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

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4000010113

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/12/2026

Resolved

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational

05/14/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

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4000010113

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/12/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

05/14/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

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4000010115

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/12/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

05/14/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

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4000010115

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/12/2026

Resolved

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational

05/14/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

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4000010115

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/12/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

05/14/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

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4000010117

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/13/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

05/14/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

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4000010117

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/13/2026

Resolved

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational

05/14/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

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4000010117

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/13/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

05/14/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

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4000010119

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/13/2026

Resolved

XXX

Property

Subject property appraisal is not on an as-is basis (Primary Value)

Primary Value Subject Property Appraisal is not on an As-Is Basis The certification of completion for this new construction dwelling is missing

Certificate of occupancy

05/18/2026

Primary Value Subject Property Appraisal is completed on an As-Is Basis or XXX; Document Uploaded. ; Countered - Condition - Appraisal is not on an As-Is Basis The certification of completion for this new construction dwelling is missing. Client did not send in any documents. ;

05/22/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time - Borrower has XXX years on job.

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4000010119

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/13/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

05/14/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time - Borrower has XXX years on job.

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4000010119

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/14/2026

Resolved

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational

05/14/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time - Borrower has XXX years on job.

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4000010121

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/13/2026

Resolved

XXX

Property

Was lowest appraised value used to qualify is No

Two appraisals in file, however the lowest appraised value was not used to qualify. File contains two appraisal reports one dated XX/XX/XXXX valuing the property at XXX XXX and an earlier one dated XX/XX/XXXX valuing the property at XXX States declining market. The earlier appraisal was completed for a different lender/client. The new appraisal utilizes more recent comps and is more detailed regarding the condition of the property. Lender did not address why a new appraisal was ordered or why the higher value was used. Using the lower value the LTV increases to XXX% which is still within the guideline maximum of XXX%

Processor LOX

05/18/2026

Valuation used for LTV meets guidelines.; Client provided explanation on appraisal condition. "The reason for the one appraisal was that the transfer was declined by us. We had to order our own appraisal based on this fact." This explanation satisfies condition. Original appraisal was insufficient. ; Document Uploaded.

05/19/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

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4000010121

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/13/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

05/14/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

B

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4000010121

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/13/2026

Resolved

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines. The loan meets all applicable credit guidelines.

Informational

05/14/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

B

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4000010123

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/13/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

05/14/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

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4000010123

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/13/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

05/14/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

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4000010123

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/13/2026

Resolved

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational

05/14/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

A

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4000010125

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

05/18/2026

Resolved

XXX

Credit

Borrower XXX Business Bank Statements Missing

Borrower XXX Business Bank Statements Missing Missing XXX Months business bank statements to document qualifying income. Income is subject to re-calculation once bank statements are received

Bank statements

05/21/2026

Borrower XXX Business Bank Statements Provided; 12M statements provided for two accts XXX and XXX ; Document Uploaded.

05/22/2026

Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Borrower has stable job time - Borrower has XXX years on job. | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

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4000010125

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

05/18/2026

Resolved

XXX

Credit

Income and Employment Do Not Meet Guidelines

Income and Employment Do Not Meet Guidelines Missing XXX Months business bank statements to document qualifying income. Income is subject to re-calculation once bank statements are received

Bank statements

05/21/2026

Income and Employment Meet Guidelines; 12M statements provided for two accts XXX and XXX ; Document Uploaded.

05/22/2026

Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Borrower has stable job time - Borrower has XXX years on job. | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

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A

A

A

A

A

A

A

A

A

A

A

4000010125

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

05/15/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

05/19/2026

Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Borrower has stable job time - Borrower has XXX years on job. | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010125

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

05/18/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

05/19/2026

Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Borrower has stable job time - Borrower has XXX years on job. | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010127

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

05/18/2026

Resolved

XXX

Credit

Income and Employment Do Not Meet Guidelines

Income and Employment Do Not Meet Guidelines Missing XXX months business bank statements used for qualifying income. Income is subject to recalculation once documents are received

Income and Employment Meet Guidelines; Bank Statements and Income Calculation Worksheet have been provided.; Document Uploaded.

05/27/2026

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time - Borrower has XXX years on job.

C

A

C

A

C

A

A

A

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010127

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

05/15/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

05/19/2026

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time - Borrower has XXX years on job.

C

A

A

A

C

A

A

A

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010127

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

05/18/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

05/19/2026

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time - Borrower has XXX years on job.

C

A

A

A

C

A

A

A

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010129

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/18/2026

Resolved

XXX

Credit

The Note is Missing

The Note is Missing. The executed Note is not included in the file. The Note is required to confirm the Borrower of record, validate loan terms, and to determine whether a personal guarantee is required.

Note document uploaded

05/26/2026

The Note is Present.; Executed note provided; Document Uploaded.

05/26/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010129

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/18/2026

Resolved

XXX

Credit

Property Title Issue

Property Title Issue Schedule A vesting as XXX, a XXX Limited Liability Company. Entity documentation the loan file confirms the legal entity was formed in XXX. Please provide documentation evidencing corrected title vesting or written confirming from the title insurer that the final title policy will reflect the XXX state of formation.

Documentation provided that the borrower is the sole owner of XXX. The documentation does show the borrower is the only owner on the SOS and XXX% ownership.

05/22/2026

Property Title Issue Resolved;

05/26/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

C

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010129

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/18/2026

Resolved

XXX

Credit

Asset Qualification Does Not Meet Guideline Requirements

Asset Qualification Does Not Meet Guideline Requirements. Business assets were used for cash to close and required reserves. The Virginal SOS documentation provided is not sufficient to verify the Borrower’s ownership interest. Please provide acceptable documentation confirming the Borrower’s ownership interest in XXX.

Documentation provided to verify the borrower is the sole owner of XXX. The documentation does show the borrower is the only owner on the SOS and XXX% ownership.

05/26/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

C

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010129

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/18/2026

Rescinded

XXX

Credit

HO6 Master Insurance Policy is Missing

Missing HO-XXX Master Insurance Policy The loan file contains the HOA master property policy only. Please provide the HOA master liability policy.

; HO-XXX Master Insurance Policy is fully present; Loan is a streamlined review, therefore, not required. Rescinded.

05/22/2026

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010129

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/18/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

05/19/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010129

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/18/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

05/19/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010131

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/18/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

05/19/2026

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010131

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/19/2026

Resolved

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational

05/19/2026

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010131

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/19/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

05/19/2026

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010133

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/15/2026

Resolved

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational

05/19/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010133

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/15/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan.

Informational

05/19/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010133

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/19/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

05/19/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010135

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

05/18/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

05/19/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time - Borrower has XXX years on job.

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010135

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

05/18/2026

Resolved

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational

05/19/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time - Borrower has XXX years on job.

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010135

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

05/18/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

05/19/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time - Borrower has XXX years on job.

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010137

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/15/2026

Resolved

XXX

Credit

Housing History Does Not Meet Guideline Requirements

Housing History Does Not Meet Guideline Requirements Borrower owns primary residence free and clear through the LLC XXX XXX. Loan file contains a secretary of state print out for the company reflecting the borrower is the registered agent, however this does not evidence that the borrower is the owner of the llc. Guidelines require proof of ownership of primary residence owned free and clear.

Operating Agreement

06/02/2026

Housing History Meets Guideline Requirements; Document Uploaded.

06/03/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

C

A

C

A

C

A

A

A

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010137

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/15/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan.

Informational

05/19/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

C

A

A

A

C

A

A

A

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010137

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/19/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

05/19/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

C

A

A

A

C

A

A

A

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010139

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/20/2026

Resolved

XXX

Credit

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

Please provide documentation to support PITIA for XXX XXX. Notes in file state borrower was also purchasing this property, it was reflected on the loan application but no supporting documentation in file. Also please document XXX XXX any additional expenses associated with the property not included in the escrows. Per mortgage statement, taxes and insurance are escrowed, however application reflects an additional expense of XXX not documented.

HOA OI nsurance ote, final CD

05/26/2026

Documentation is sufficient. HOI, Note, CD and HOA document provided. Exception resolved.;

05/27/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Borrower has stable job time - Borrower has XXX years on job.

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010139

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/18/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

05/21/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Borrower has stable job time - Borrower has XXX years on job.

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010139

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/20/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

05/21/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Borrower has stable job time - Borrower has XXX years on job.

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010141

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/19/2026

Resolved

XXX

Credit

Purchase Contract is Incomplete

Loan Purpose is Purchase but Purchase Contract Doc is Incomplete Purchase contract is executed by a XXX% XXX (XXX XXXXX) who is not documented as an authorized signatory for the LLC. The Resolution of the XXXs of XXX designates XXXXX as the XXX XXX and sole authorized signatory for all acquisition and financing documents. Purchase contract does not align with documented authority. Please provide an updated purchase contract executed by the authorized signatory.

XXX_Attestation

06/10/2026

Purchase Contract Doc is complete.; Client provided ATTESTATION AND CERTIFICATE OF AUTHORITY TO EXECUTE for XXX XXXXX. Resolved. ; Document Uploaded.

06/16/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

B

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010141

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/19/2026

Resolved

XXX

Credit

All Interested Parties Not Checked with Exclusionary Lists

All Interested Parties Not Checked with Exclusionary Lists. The appraisal company (XXX) has not been checked against the exclusionary lists.

Data Verify exclusionary lists on page no XXX

06/15/2026

All Interested Parties Checked against Exclusionary Lists; Fraud report provided. Cleared alerts and party added.; Document Uploaded.

06/16/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

C

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010141

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/19/2026

Resolved

XXX

Credit

Missing explanation and supporting documentation for large deposit(s)

The XXX by XXX XXX statement shows a large transfer of XXX from XXX account on XXX/XXX/XXX. The XXX account ending in XXX does not reflect this transfer, indicating the funds originated from another account that is not documented in the file. The settlement statement dated XX/XX/XXXX reflects refinance proceeds of XXX but the document does not verify the XXX transfer. Please provide statement(s) for the XXX account used for this transfer to document the source of funds.

Bank Statement

06/10/2026

Deposits verified with XXX statement. ; Document Uploaded.

06/11/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010141

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/19/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

05/21/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010141

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/21/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

05/21/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010143

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/21/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

05/26/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010143

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/21/2026

Resolved

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational

05/26/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010143

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/22/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

05/26/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010145

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/21/2026

Resolved

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational

05/26/2026

Borrower has stable job time - Borrower has XXX years on job. | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010145

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/21/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

05/26/2026

Borrower has stable job time - Borrower has XXX years on job. | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010145

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/22/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

05/26/2026

Borrower has stable job time - Borrower has XXX years on job. | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010147

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/26/2026

Resolved

XXX

Credit

Third Party Fraud Report not Provided

Missing Third Party Fraud Report Loan file is missing Third Party Fraud Report

Fraud report

06/02/2026

Documentation is sufficient. Fraud report provided. Exception resolved.; Third Party Fraud Report is provided; Document Uploaded.

06/03/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

C

A

A

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010147

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/26/2026

Resolved

XXX

Property

Third Party Valuation Product Not Provided within XXX% Tolerance

Third Party Valuation Product Not Provided or Not Provided Within Tolerance. Third party valuation is missing from the loan file. Underwriting summary indicates that a XXX desk review supports the appraised value with a XXX rating, however the desk review was not found in file.

Documentation provided is sufficient. Exception resolved.; Third party valuation product provided within tolerance.; Document Uploaded.

06/03/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

C

A

D

A

C

A

A

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010147

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/26/2026

Resolved

XXX

Credit

Flood Certificate Missing

Missing Flood Certificate Loan file is missing the flood certificate

Flood Certificate

05/29/2026

Documentation provided is sufficient. Exception resolved.; Flood Certificate is fully present; Document Uploaded.

06/01/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

C

A

A

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010147

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/28/2026

Resolved

XXX

Credit

Purchase Contract is Missing

Loan Purpose is Purchase but Purchase Contract Doc is Missing

Purchase Contract Docs

05/29/2026

Purchase Contract Doc is not Missing, or is XXX.; Document Uploaded.

06/01/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

C

A

A

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010147

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/26/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

05/28/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

A

A

D

A

C

A

A

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010149

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/26/2026

Resolved

XXX

Credit

Income and Employment Do Not Meet Guidelines

Income and Employment Do Not Meet Guidelines There are XXX months bank statements in file for XXX XXX however per notes there are additional business bank statements used for qualifying income, Missing XXX XXX, XXX, please provide XXX months bank statements for all accounts used to calculate qualifying income, once received additional conditions or documentation may be required

Statements

06/04/2026

Lender provided bank statements and income worksheets on income used to qualify. Analysis supports what Lender used to qualify. Condition cleared.; Document Uploaded.

06/05/2026

Borrower has stable job time - Borrower has XXX years on job. | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

C

A

C

A

C

A

A

A

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010149

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/26/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

05/28/2026

Borrower has stable job time - Borrower has XXX years on job. | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

C

A

A

A

C

A

A

A

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010149

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/26/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

05/28/2026

Borrower has stable job time - Borrower has XXX years on job. | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

C

A

A

A

C

A

A

A

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010151

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/26/2026

Resolved

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines. The loan meets all applicable credit guidelines.

Informational

05/28/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010151

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/26/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan.

Informational

05/28/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010151

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/26/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

05/28/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010153

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

05/26/2026

Resolved

XXX

Compliance

Initial Closing Disclosure Delivery Date Test

This loan failed the initial closing disclosure delivery date test due to one of the following findings:(12 CFR §XXX(f)(XXX)(ii) he initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:"USPS First Class Mail" or "Electronic Delivery" or blank, and the initial closing disclosure delivery date is less than six 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 initial 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; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt 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 transactionThe creditor shall ensure that the consumer receives the disclosures required under paragraph §XXX(f)(XXX)(i) no later than three business days before consummation. Documentation required to clear exception: The initial CD is missing from the loan file. The earliest CD in the file is dated XXX/XXX/XXX. The violation can be cured by providing the initial CD as well as evidence showing that is was received by the consumer XXX business days prior to consummation on XXX/XXX/XXX.

Initial CD

06/01/2026

Initial CD provided; Exception resolved; Initial CD provided; Exception resolved; Document Uploaded.

06/02/2026

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time - Borrower has XXX years on job.

C

A

C

A

A

A

A

A

C

A

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010153

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

05/27/2026

Resolved

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational

05/28/2026

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time - Borrower has XXX years on job.

C

A

A

A

A

A

A

A

C

A

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010153

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

05/27/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

05/28/2026

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time - Borrower has XXX years on job.

C

A

A

A

A

A

A

A

C

A

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010155

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/26/2026

Resolved

XXX

Credit

Income and Employment Do Not Meet Guidelines

Income and Employment Do Not Meet Guidelines Missing XXX months business bank statements that were used for qualifying income. Please provide XXX months statements for XXX XXX; income is subject to recalculation once documentation is received

Bank statements

06/02/2026

Documentation received is sufficient. Exception resolved.; Income and Employment Meet Guidelines; Document Uploaded.

06/03/2026

Borrower has stable job time - Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

C

A

C

A

C

A

A

A

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010155

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/26/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

05/28/2026

Borrower has stable job time - Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

C

A

A

A

C

A

A

A

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010155

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/26/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

05/28/2026

Borrower has stable job time - Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

C

A

A

A

C

A

A

A

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010157

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/26/2026

Resolved

XXX

Credit

Income and Employment Do Not Meet Guidelines

Income and Employment Do Not Meet Guidelines Bank statements used for income are missing from the file

XXX_Stmts_March2026-April2025

05/29/2026

Documentation provided is sufficient. Exception resolved.; Income and Employment Meet Guidelines; Document Uploaded.

06/01/2026

Borrower has stable job time - Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

C

A

C

A

C

A

A

A

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010157

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/26/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

05/28/2026

Borrower has stable job time - Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

C

A

A

A

C

A

A

A

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010157

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/26/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

05/28/2026

Borrower has stable job time - Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

C

A

A

A

C

A

A

A

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010159

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/27/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

05/28/2026

Borrower has stable job time - Borrower has XXX years on job. | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010159

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/28/2026

Resolved

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational

05/28/2026

Borrower has stable job time - Borrower has XXX years on job. | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010159

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/28/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

05/28/2026

Borrower has stable job time - Borrower has XXX years on job. | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010161

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/27/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

05/28/2026

Borrower has stable job time - Borrower has XXX years on job. | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010161

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/27/2026

Resolved

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines. The loan meets all applicable credit guidelines.

Informational

05/28/2026

Borrower has stable job time - Borrower has XXX years on job. | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010161

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/27/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan. Property and valuations related findings were not identified on the loan.

Informational

05/28/2026

Borrower has stable job time - Borrower has XXX years on job. | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010163

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/26/2026

Resolved

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational

05/28/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010163

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/26/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

05/28/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010163

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/28/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

05/28/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010165

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/28/2026

Resolved

XXX

Property

Property Issue(s) are Present

One or more issues or defects with the property have been discovered. Subject is a DSCR loan approved with estimated short term rental income. Appraiser noted that most of the flooring has been removed or needs to be removed and that the home suffers from deferred maintenance. Images support that flooring has been removed in bedrooms XXX and XXX and flooring in bedroom XXX and living area seem to be in poor condition as well which is consistent with the appeaser’s comments. The report should have been made subject to repair/replacement of the flooring.

UW response and short term rental analysis by XXX

06/02/2026

The issue with the property has been resolved.; Appraisal status does include comments regarding flooring and took info account for value. Lender verified per documentation. ; Document Uploaded.

06/03/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

C

A

C

A

A

A

C

A

A

A

C

A

C

A

C

A

C

A

C

A

C

A

C

A

C

A

C

A

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010165

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/28/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

05/28/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

C

A

A

A

A

A

C

A

A

A

C

A

C

A

C

A

C

A

C

A

C

A

C

A

C

A

C

A

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010165

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/28/2026

Resolved

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines. The loan meets all applicable credit guidelines.

Informational

05/28/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

C

A

A

A

A

A

C

A

A

A

C

A

C

A

C

A

C

A

C

A

C

A

C

A

C

A

C

A

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010167

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/04/2026

Resolved

XXX

Credit

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

Loan Application reflects an additional expense of XXX for property located at XXX XXX SW. Per the Mortgage Statement taxes and insurance is escrowed and per letter of explanation there is no HOA associated with the property. Please document all expenses related to this property

XXX and AUS

06/09/2026

Updated XXX and DU provided with correct REO liabilities. ; Document Uploaded.

06/10/2026

Borrower has stable job time - Borrower has XXX years on job. | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010167

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/03/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

06/04/2026

Borrower has stable job time - Borrower has XXX years on job. | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010167

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/04/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

06/04/2026

Borrower has stable job time - Borrower has XXX years on job. | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010169

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/02/2026

Resolved

XXX

Credit

Verified Liquid Assets Insufficient For Closing

Verified Liquid Assets are insufficient for closing in the amount of $-XXX. Verified assets total XXX of which XXX is held in a XXX(k) and is eligible for reserves only. Liquid assets available for cash to close total XXX versus required cash to close of XXX resulting in a liquid shortage of $XXX.

Documentation is sufficient. Settlement statement provided. Exception resolved.; Verified Liquid Assets are sufficient for closing.; Document Uploaded. ; Document Uploaded.

07/01/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

C

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010169

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/02/2026

Resolved

XXX

Credit

Audited Reserves are less than Guideline Required Reserves (Dollar Amount)

Audited Reserves of XXX are less than Guideline Required Reserves of $XXX. Verified assets total $XXX. The Borrower was required to bring XXX in cash to close and verify XXX months of reserves totaling XXX resulting in reserves shortage of $XXX. Additional liquid assets totaling XXX are listed under “Other Liquid Assets”; however, no documentation was provided to verify these funds.

Documentation is sufficient. Settlement statement provided. Exception resolved.; Audited Reserves of XXX are equal to or greater than AUS Required Reserves of $XXX.; Document Uploaded.

07/01/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

C

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010169

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/02/2026

Resolved

XXX

Credit

Audited Reserves are less than Guideline Required Reserves (Number of Months)

Audited Reserves of XX/XX/XXXX month(s) are less than Guideline Required Reserves of XXX month(s) Verified assets total $XXX. The Borrower was required to bring XXX in cash to close and verify XXX months of reserves totaling XXX resulting in reserves shortage of $XXX. Additional liquid assets totaling XXX are listed under “Other Liquid Assets”; however, no documentation was provided to verify these funds.

Documentation is sufficient. Settlement statement provided. Exception resolved.; Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s); Document Uploaded.

07/01/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

C

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010169

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/02/2026

Resolved

XXX

Credit

All Interested Parties Not Checked with Exclusionary Lists

All Interested Parties Not Checked with Exclusionary Lists. Supervisory appraiser has not been checked against the exclusionary lists.

All Interested Parties Checked against Exclusionary Lists; Exclusionary list participants acceptable. ; Document Uploaded.

07/01/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

C

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010169

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/02/2026

Resolved

XXX

Credit

Flood Certificate Partially Provided

Flood Certificate is Partially Provided The loan file includes a Flood Hazard Determination dated XXX/XXX/XXX, which is after the loan closing date of XXX/XXX/XXX. Please provide a determination dated on or before XX/XX/XXXX to evidence that a valid flood certification was obtained prior to closing.

A flood certificate does not exist before or on XXX/XXX/XXX.

07/01/2026

Flood Certificate is fully present.;

07/01/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010169

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/02/2026

Resolved

XXX

Credit

Loan does not conform to program guidelines

The subject is a purchase of a XXX-unit property. The XXX appraisal indicates that unit XXX was tenant occupied on a month-to-month (T.) basis with actual rent of $XXX; however, no executed lease is included in the file. DSCR program guidelines require using the lower of the executed lease or market rent when a lease is in place. Because one of the units is tenant occupied, verification of the current lease terms is required. Please provide an executed lease agreement or documentation confirming the tenant will vacate the property.

Lease agreement provided; Document Uploaded.

06/19/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

C

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010169

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/03/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

06/04/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010169

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/04/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

06/04/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010171

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/03/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

06/09/2026

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010171

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/03/2026

Resolved

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational

06/09/2026

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010171

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/05/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

06/09/2026

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010173

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/03/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

06/09/2026

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Borrower has stable job time - Borrower has XXX years on job.

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010173

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/05/2026

Resolved

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational

06/09/2026

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Borrower has stable job time - Borrower has XXX years on job.

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010173

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/05/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

06/09/2026

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Borrower has stable job time - Borrower has XXX years on job.

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010175

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/03/2026

Resolved

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational

06/09/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010175

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/03/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

06/09/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010175

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/05/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

06/09/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010177

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

06/04/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

06/09/2026

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time - Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010177

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

06/08/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

06/09/2026

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time - Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010177

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

06/08/2026

Resolved

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational

06/09/2026

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time - Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010179

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/08/2026

Resolved

XXX

Credit

Income and Employment Do Not Meet Guidelines

Income and Employment Do Not Meet Guidelines. Per Short Term rental compliance report found in file, a City permit is required to be able to rent as a short term rental. Per lender guidelines for the Property Guard short term rental compliance report it must confirm permits are not required.

Short Term Rental report provided showing Permit compliant as No. ; Income and Employment Meet Guidelines.; Document Uploaded.

06/23/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

C

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010179

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/08/2026

Resolved

XXX

Credit

Missing Business Entity Formation Document

Missing Business Formation Documents, EIN Documentation for XXX XXX.

Business Purpose provided. ; Document Uploaded.

06/23/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010179

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/08/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

06/09/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010179

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/09/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

06/09/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010181

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/05/2026

Resolved

XXX

Credit

Property Title Issue

Property Title Issue. Title reflects several outstanding Judgments and/or State Tax Liens associated with the sellers, specifically numbers XXX and XXX These items require confirmation of clearance. Please provide documentation confirming Items XX/XX/XXXX have been satisfied, released, or cleared. In the alternative, provide sufficient proof that the named judgment/tax lien debtors are not the same individuals as the sellers.

Judgments are for XXX XXXXX, not our seller.

06/24/2026

Property Title Issue Resolved.; Document Uploaded.

06/24/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

C

A

C

A

C

A

A

A

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010181

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/05/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

06/09/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

C

A

A

A

C

A

A

A

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010181

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/09/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

06/09/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

C

A

A

A

C

A

A

A

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010183

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/08/2026

Resolved

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational

06/09/2026

Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010183

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/08/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

06/09/2026

Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010183

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/09/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

06/09/2026

Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010185

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/08/2026

Resolved

XXX

Credit

Income and Employment Do Not Meet Guidelines

Income and Employment Do Not Meet Guidelines. The loan file contains an EIN and XXX statements under an entity name that lists the Borrower as the sole XXX. A Borrower clarification or CPA letter must be provided to confirm that the business does not generate a net loss impacting the Borrower’s qualifying income.

Letter of explanation

06/23/2026

Income and Employment Meet Guidelines.; Document Uploaded.

06/24/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time - Borrower has XXX years on job.

D

A

C

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010185

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/09/2026

Resolved

XXX

Credit

Audited DTI Exceeds Guideline DTI

Audited DTI of XXX% exceeds Guideline DTI of XXX% The Lender qualified the Borrower with a DTI of XXX% using a XXX monthly rent amount for the primary residence as indicated on the loan application. Audit calculated DTI using the documented monthly rent obligation of XXX per verification of rent (VOR), lease agreement, and XXX statements included in the file, results in a DTI of XXX% exceeding the XXX% maximum allowed.

It looks like you’re counting the full rent for the borrower’s apartment against them but that is split between the borrower and two other tenants. You can see all the tenants listed on the lease and deposits from them on the assets statement for their share of the lease

06/16/2026

Audited DTI of XXX% is less than or equal to Guideline DTI of XXX%;

06/24/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time - Borrower has XXX years on job.

D

A

C

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010185

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/09/2026

Resolved

XXX

Credit

Missing explanation and supporting documentation for large deposit(s)

The XXX account ending in XXX reflects a XXX deposit on XXX/XXX/XXX, and XXX of these funds were withdrawn on XX/XX/XXXX and deposited into account ending XXX; however, no explanation or supporting documentation for the XXX deposit is included in the file. Please provide documentation to evidence the source of the XXX deposit and confirm the funds are from an acceptable source.

Large Deposit Loan and XXX Account

06/16/2026

Deposit verified with evidence from XXX; Document Uploaded.

06/17/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time - Borrower has XXX years on job.

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010185

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/05/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

06/09/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time - Borrower has XXX years on job.

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010185

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/09/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

06/09/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time - Borrower has XXX years on job.

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010187

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/05/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

06/09/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010187

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/08/2026

Resolved

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational

06/09/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010187

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/08/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

06/09/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010189

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/05/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

06/09/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010189

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/08/2026

Resolved

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational

06/09/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010189

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/08/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

06/09/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010191

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/09/2026

Resolved

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational

06/11/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010191

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/09/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

06/11/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010191

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/10/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

06/11/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010193

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

QM: Safe Harbor APOR (APOR SH)

Loan Review Complete

02/13/2026

Resolved

XXX

Credit

HMDA Data Tape Not Provided

Loan is pending HMDA data review. Additional conditions may apply.

HMDA data received, no discrepancies noted, condition cleared.

02/24/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time - Borrower has XXX years on job.

C

A

C

A

C

A

A

A

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010195

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

02/18/2026

Rescinded

XXX

Credit

Audited LTV Exceeds Guideline LTV

Audited LTV of XXX% exceeds Guideline LTV of XXX% Max LTV is XXX% as appraisal shows as Vacant (XXX% deduction in max LTV)

Purchase of NOO and transaction meets program guidelines.; Purchase of NOO and transaction meets program guidelines.

02/26/2026

D

A

C

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010195

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

02/13/2026

Resolved

XXX

Credit

Rent Loss Insurance Missing

Missing rent loss insurance coverage

Lender provided the rent loss insurance. Condition cleared.

02/25/2026

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010195

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

02/13/2026

Resolved

XXX

Credit

HMDA Data Tape Not Provided

Loan is pending HMDA data review. Additional conditions may apply.

HMDA review completed, no Level XXX findings noted, condition cleared.; HMDA Data Tape Provided.

02/24/2026

D

A

C

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010197

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/04/2026

Resolved

XXX

Property

Property/Appraisal General

Property/Appraisal guideline violation:

AVM received within tolerance. Condition cleared.; Missing required third party valuation per lender overlays.

06/08/2026

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

C

B

C

A

C

B

C

A

A

A

C

C

C

A

C

C

C

A

C

C

C

A

C

C

C

A

C

C

C

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

4000010197

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/18/2026

Acknowledged

XXX

Credit

DSCR is less than guideline minimum

Qualifying DSCR of XXX is less than guideline minimum requirement of XXX. Loan is a DSCR cash out refinance that requires a DSCR sore of XXX lenders and audits calculation are both XX/XX/XXXX for the DSCR. The loan file does not contain a lender approval for this.

XX/XX/XXXX SA: Please see the XXX matrix showing that the DSCR score can be ≥ XX/XX/XXXX for cashout.

05/19/2026

Investor acknowledges the exception. The final grade will be a B. ; Escalated to our Management Team for review.

05/27/2026

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

C

B

C

B

C

B

C

A

A

A

C

C

C

A

C

C

C

A

C

C

C

A

C

C

C

A

C

C

C

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

4000010197

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/15/2026

Resolved

XXX

Credit

HMDA Data Tape Not Provided

Loan is pending HMDA data review. Additional conditions may apply. Loan is pending HMDA data review. Additional conditions may apply.

HMDA received - no level XXX discrepancies - condition cleared; HMDA Data Tape Provided.

05/20/2026

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

C

B

C

A

C

B

C

A

A

A

C

C

C

A

C

C

C

A

C

C

C

A

C

C

C

A

C

C

C

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

4000010199

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/19/2026

Resolved

XXX

Credit

Hazard Insurance Policy is Partial

Hazard Insurance Policy Partially Provided Missing evidence of hazard insurance carries Rating with XXX or XXX or XXX per guidelines.

XX/XX/XXXX SA: Please see the XXX document showing the rating for the policy in file.

05/20/2026

Documentation is sufficient. Company rating provided. Exception resolved.; Hazard Insurance Policy is fully present

05/21/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010199

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/18/2026

Resolved

XXX

Credit

HMDA Data Tape Not Provided

Loan is pending HMDA data review. Additional conditions may apply.

HMDA received - no level XXX discrepancies - condition cleared; HMDA Data Tape Provided.

05/20/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

C

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010201

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/04/2026

Resolved

XXX

Property

Property/Appraisal General

Property/Appraisal guideline violation: Missing the third party valuation per lender overlays.

AVM received within tolerance. Condition cleared.; Finding remains, the AVM received was outside of the the XXX% tolerance for value.

06/08/2026

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

B

C

A

D

B

C

A

A

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

4000010201

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/19/2026

Acknowledged

XXX

Credit

DSCR is less than guideline minimum

Qualifying DSCR of XXX is less than guideline minimum requirement of XXX. Both XXX and XXX require a minimum of XX/XX/XXXX for DSCR score. This loan only has XX/XX/XXXX with rounding. Lender approval also reflects XX/XX/XXXX DSCR.

XX/XX/XXXX MM: According to the Investor Flex (DSCR) XXX Year Fixed - XXX for Refi Cash outs the DSCR must be greater or equal than XXX. This loan DSCR is XX/XX/XXXX which meets the XXX guidance.

05/20/2026

Investor acknowledges exception. Final grade will be a B.; Pending Updated guides.

05/27/2026

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

B

C

B

D

B

C

A

A

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

4000010201

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/19/2026

Resolved

XXX

Credit

Hazard Insurance Policy is Partial

Hazard Insurance Policy Partially Provided Missing evidence of the hazard insurance business rating with either XXX, XXX or Standard and Poors as required by the guidelines.

XX/XX/XXXX MM: Please see XXX Standard and Poor Rating for XXXXX & XXXXX.

05/20/2026

Hazard Insurance Policy is fully present

05/21/2026

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

B

D

A

D

B

C

A

A

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

4000010201

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/19/2026

Resolved

XXX

Credit

HMDA Data Tape Not Provided

Loan is pending HMDA data review. Additional conditions may apply.

HMDA received - no level XXX discrepancies - condition cleared; HMDA Data Tape Provided.

05/20/2026

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

B

C

A

D

B

C

A

A

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

4000010203

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/22/2026

Resolved

XXX

Credit

HMDA Data Tape Not Provided

Loan is pending HMDA data review. Additional conditions may apply.

HMDA received - no level XXX discrepancies - condition cleared ; HMDA Data Tape Provided.

06/01/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

C

A

C

A

C

A

A

A

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010205

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/29/2026

Resolved

XXX

Credit

HMDA Data Tape Not Provided

Loan is pending HMDA data review. Additional conditions may apply.

HMDA received - no level XXX discrepancies - condition cleared ; HMDA Data Tape Provided.

08/12/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

D

A

C

A

D

A

C

A

A

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010205

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/04/2026

Resolved

XXX

Property

Property/Appraisal General

Property/Appraisal guideline violation: Missing the third party valuation per lender overlays.

AVM received within tolerance. Condition cleared.

06/08/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

D

A

C

A

D

A

C

A

A

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010205

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/01/2026

Resolved

XXX

Credit

Hazard Insurance Policy is Partial

Hazard Insurance Policy Partially Provided Missing evidence of the actual replacement cost for the subject as required by lender overlays.

XX/XX/XXXX MM: Per the guidelines it is against XXX state law to provide a replacement cost estimator however, there is a LOX in the file from the HOI agent that confirms the dwelling is insured for XXX% replacement cost. I also wanted to provide the updated XXX lender letter for the replacement cost.

06/02/2026

Per the guidelines it is against XXX state law to provide a replacement cost estimator however, there is a LOX in the file from the HOI agent that confirms the dwelling is insured for XXX% replacement cost. Condition cleared. ; Hazard Insurance Policy is fully present

06/02/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

D

A

D

A

D

A

C

A

A

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010207

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/02/2026

Resolved

XXX

Property

Property/Appraisal General

Property/Appraisal guideline violation: Missing required AVM per lender overlays.

XX/XX/XXXX MM: Please see XXX appraisal and XXX SSRs that show a Risk Score of XX/XX/XXXX that meets the guidelines for the secondary valuation

06/03/2026

Third party valuation provided within tolerance. Condition cleared. ; Property/Appraisal Meets Guidelines

06/04/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

C

A

C

A

C

A

C

A

A

A

C

C

C

A

C

C

C

A

C

C

C

A

C

C

C

A

C

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010207

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/01/2026

Resolved

XXX

Credit

HMDA Data Tape Not Provided

Loan is pending HMDA data review. Additional conditions may apply.

HMDA review completed, no Level XXX findings noted, condition cleared.; HMDA Data Tape Provided.

06/03/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

C

A

C

A

C

A

C

A

A

A

C

C

C

A

C

C

C

A

C

C

C

A

C

C

C

A

C

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010209

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/29/2026

Resolved

XXX

Credit

HMDA Data Tape Not Provided

Loan is pending HMDA data review. Additional conditions may apply.

HMDA received - no level XXX discrepancies - condition cleared; HMDA Data Tape Provided.

06/03/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

C

A

C

A

C

A

A

A

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010211

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/02/2026

Resolved

XXX

Credit

Hazard Insurance Policy is Partial

Hazard Insurance Policy Partially Provided Missing evidence of the property replacement cost as required per lenders guidelines.

XX/XX/XXXX SA: Please see the XXX rating for the policy in file. ; XX/XX/XXXX SA: Please see the XXX insurance policy showing that dwelling amount is based on the replacement cost. The XXX lender letter shows if the dwelling amount is based on replacement cost we don't need the replacement cost.

06/05/2026

Lender provided evidence of the hazard insurance business rating with either XXX for XXX XXX. Condition cleared. ; Hazard Insurance Policy is fully present.; Audit reviewed the lender's response. The replacement cost estimate documentation is sufficient. Upon further review, for DSCR loans please provide evidence of the hazard insurance business rating with either XXX, XXX or Standard and Poors. Condition retained. ; ; Hazard Insurance Policy is fully present.

06/08/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010211

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/01/2026

Resolved

XXX

Credit

HMDA Data Tape Not Provided

Loan is pending HMDA data review. Additional conditions may apply.

HMDA received - no level XXX discrepancies - condition cleared; HMDA Data Tape Provided.

06/03/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

D

A

C

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010213

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/02/2026

Resolved

XXX

Property

Property/Appraisal General

Property/Appraisal guideline violation:

XX/XX/XXXX MM: Please see XXX copy of the appraisal and along with the SSRs that show that the CU risk score is XXX which meets the secondary valuation requirement. Please confirm what is being asked from XXX if this is not sufficient

06/03/2026

Third party valuation provided within tolerance. Condition cleared. ; Property/Appraisal Meets Guidelines

06/04/2026

Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

C

A

C

A

C

A

C

A

A

A

C

C

C

A

C

C

C

A

C

C

C

A

C

C

C

A

C

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010213

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/29/2026

Resolved

XXX

Credit

HMDA Data Tape Not Provided

Loan is pending HMDA data review. Additional conditions may apply.

HMDA received - no level XXX discrepancies - condition cleared; HMDA Data Tape Provided.

06/03/2026

Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

C

A

C

A

C

A

C

A

A

A

C

C

C

A

C

C

C

A

C

C

C

A

C

C

C

A

C

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010215

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/01/2026

Resolved

XXX

Credit

HMDA Data Tape Not Provided

Loan is pending HMDA data review. Additional conditions may apply.

HMDA received - no level XXX discrepancies - condition cleared; HMDA Data Tape Provided.

06/03/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

C

A

C

A

C

A

A

A

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010217

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/02/2026

Resolved

XXX

Credit

HMDA Data Tape Not Provided

Loan is pending HMDA data review. Additional conditions may apply.

HMDA received - no level XXX discrepancies - condition cleared ; HMDA Data Tape Provided.

06/08/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

C

A

C

A

C

A

A

A

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010219

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/03/2026

Resolved

XXX

Property

Property/Appraisal General

Property/Appraisal guideline violation: Missing third party valuation per overlays.

XX/XX/XXXX XXX: please see the XXX documentation. Please note that per the Bank Statement XXX guidelines, if the appraisal SSR's provided have a CU score less than XX/XX/XXXX nothing additional is required and an additional secondary valuation is not required. Based on the documentation, we have a risk score of XXX so an additional valuation isn't required as this meets the requirement as a secondary valuation.

06/05/2026

AVM received within tolerance. Condition cleared.; Property/Appraisal Meets Guidelines.; Property/Appraisal guideline violation:

06/17/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

C

A

D

A

D

A

A

A

D

D

D

A

D

D

D

A

D

D

D

A

D

D

D

A

D

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010219

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/03/2026

Resolved

XXX

Property

HOA Questionnaire is Missing

HOA Questionnaire Missing. Missing Condo Questionnaire.

XX/XX/XXXX XXX: Please see the XXX documentation. Per the guidelines a condo questionnaire is not required for this transaction with the condo project has been fully approved by XXX and determined to be PERS approved. Because XXX has confirmed all requirements have been met, an additional questionnaire isn’t required because this is already reviewed and approved by XXX. I’ve XXX the PERS approved document.

06/05/2026

Lender provided the PERS approved documentation. Per the guidelines a condo questionnaire is not required for this transaction with the condo project has been fully approved by XXX and determined to be PERS approved. Because XXX has confirmed all requirements have been met, an additional questionnaire isn’t required because this is already reviewed and approved by XXX. Condition cleared. ; HOA Questionnaire Provided.

06/17/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

D

A

A

A

D

D

D

A

D

D

D

A

D

D

D

A

D

D

D

A

D

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010219

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/02/2026

Resolved

XXX

Credit

HMDA Data Tape Not Provided

Loan is pending HMDA data review. Additional conditions may apply. Loan is pending HMDA data review. Additional conditions may apply.

HMDA received - no level XXX discrepancies - condition cleared ; HMDA Data Tape Provided.

06/08/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

C

A

D

A

D

A

A

A

D

D

D

A

D

D

D

A

D

D

D

A

D

D

D

A

D

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010219

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/04/2026

Resolved

XXX

Credit

HO6 Master Insurance Policy is Partial

HO-XXX Master Insurance Policy Partially Provided Missing evidence of the hazard insurance companies rating (XXX, XXX, BBB) for Condo policy and borrowers HO-XXX.

XX/XX/XXXX XXX: Please see the XXX documentation. For the HO-XXX policy from XXX Property Insurance Corporation this is a policy obtained through the state. Because this is through the state the insurance coverage is acceptable. Please note that the master insurance policy from XXX has an acceptable rating from AM best. Please see the documentation to support both insurance policies are acceptable.

06/05/2026

Lender provided the master insurance policy from XXX has an acceptable rating from AM best. Condition cleared. ; HO-XXX Master Insurance Policy is fully present.

06/08/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

D

A

A

A

D

D

D

A

D

D

D

A

D

D

D

A

D

D

D

A

D

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010221

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/05/2026

Resolved

XXX

Credit

HMDA Data Tape Not Provided

Loan is pending HMDA data review. Additional conditions may apply. Loan is pending HMDA data review. Additional conditions may apply.

HMDA received - no level XXX discrepancies - condition cleared; HMDA Data Tape Provided.

08/10/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX of XXX is greater than Guideline minimum FICO of XXX

C

A

C

A

C

A

A

A

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010223

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/04/2026

Resolved

XXX

Property

Property/Appraisal General

Property/Appraisal guideline violation: TPV is required

XX/XX/XXXX - XXX: Please see XXX.

06/12/2026

Property/Appraisal Meets Guidelines.; Property/Appraisal guideline violation: ; Client provided XXX CDA. LM Updated.

06/15/2026

Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

C

A

C

A

C

A

C

A

A

A

C

C

C

A

C

C

C

A

C

C

C

A

C

C

C

A

C

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010223

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/04/2026

Resolved

XXX

Credit

HMDA Data Tape Not Provided

Loan is pending HMDA data review. Additional conditions may apply.

HMDA received - no level XXX discrepancies - condition cleared; HMDA Data Tape Provided.

06/10/2026

Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

C

A

C

A

C

A

C

A

A

A

C

C

C

A

C

C

C

A

C

C

C

A

C

C

C

A

C

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010223

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/04/2026

Resolved

XXX

Credit

Rent Loss Coverage Not Sufficient

The Loss Rent Coverage is Sufficient field on the Rent Loss Coverage Details card, found on the Property Insurance page is selected as No, indicating the loss rent coverage does not meet guideline requirements. Please check for accuracy and make appropriate corrections. Rent loss insurance is required to equal at least six months of the qualifying monthly market rent. The policy reflects XXX in loss of use coverage, which is below the required XXX ($XXX x XXX). Coverage does not meet guideline requirements.

XX/XX/XXXX - XXX: Please see XXX. Rent loss coverage is not required per page #XXX of the agreed upon guidelines as of XXX/XXX/XXX.

06/09/2026

Upon further review, rent loss coverage is not required per page #XXX of the agreed upon guidelines as of XXX/XXX/XXX. Condition cleared. ; Loss Rent Coverage is Sufficient

06/10/2026

Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

C

A

C

A

C

A

C

A

A

A

C

C

C

A

C

C

C

A

C

C

C

A

C

C

C

A

C

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010225

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/04/2026

Resolved

XXX

Credit

HMDA Data Tape Not Provided

Loan is pending HMDA data review. Additional conditions may apply.

HMDA received - no level XXX discrepancies - condition cleared; HMDA Data Tape Provided.

06/10/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

C

A

C

A

C

A

A

A

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010227

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/05/2026

Resolved

XXX

Credit

HMDA Data Tape Not Provided

Loan is pending HMDA data review. Additional conditions may apply. Loan is pending HMDA data review. Additional conditions may apply.

HMDA received - no level XXX discrepancies - condition cleared ; HMDA Data Tape Provided.

06/10/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% Calculated LTV of XXX% is less than Guideline LTV of XXX%

D

A

C

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010227

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/08/2026

Resolved

XXX

Credit

Hazard Insurance Policy is Partial

Hazard Insurance Policy Partially Provided. Missing evidence of replacement cost value for hazard insurance.

XX/XX/XXXX - XXX: Please see XXX.

06/09/2026

Lender provided the replacement cost estimator showing sufficient coverage. Condition cleared. ; Hazard Insurance Policy is fully present.

06/10/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% Calculated LTV of XXX% is less than Guideline LTV of XXX%

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010229

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/05/2026

Resolved

XXX

Credit

HMDA Data Tape Not Provided

Loan is pending HMDA data review. Additional conditions may apply.

HMDA received - no level XXX discrepancies - condition cleared; HMDA Data Tape Provided.

06/10/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

C

A

C

A

C

A

A

A

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010231

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

06/09/2026

Resolved

XXX

Credit

Hazard Insurance Policy is Partial

Hazard Insurance Policy Partially Provided. Missing evidence of the hazard insurance rating from acceptable ratings agency.

XX/XX/XXXX XXX: Please see the XXX document confirming that the insurance company has an acceptable Financial Strength Rating.

06/10/2026

Hazard Insurance Policy is fully present.

06/11/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010231

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

06/05/2026

Resolved

XXX

Credit

HMDA Data Tape Not Provided

Loan is pending HMDA data review. Additional conditions may apply.

HMDA received - no level XXX discrepancies - condition cleared; HMDA Data Tape Provided.

06/10/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%

D

A

C

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010233

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/05/2026

Resolved

XXX

Property

Property/Appraisal General

Property/Appraisal guideline violation: TPV is required

XX/XX/XXXX XXX: Please see the XXX documentation to support the secondary valuation.; XX/XX/XXXX XXX: Per guidance from XXX, the SSR being used as the secondary valuation is sufficient to meet the secondary valuation requirement as the CU risk score is at a XXX of XXX since we are below the XX/XX/XXXX requirement, additional information is not required. | ; XX/XX/XXXX XXX: Please note that this loan was underwritten to Bank statement-XXX. Per the guidelines When an appraisal is provided and the SSR messages were included with a CU score of less than XXX the SSR can be used as a secondary valuation and an additional third-party valuation is not required. The appraisal SSR has a score of XXX for the CU which confirms the value is accepted from the appraisal. Since the SSR is acceptable, we meet the required guidelines.; XX/XX/XXXX XXX: please see the XXX documentation. I've XXX the SSR's to support the secondary valuation. Per the Bank Statement guidelines, when an appraisal is provided and the SSR's are included with a CU score of less than XXX nothing additional is required and an additional third party valuation is not required.

06/22/2026

Documentation provided is sufficient. Exception resolved.; Property/Appraisal Meets Guidelines.; Audit has reviewed your response. In order to clear this condition, we need the actual guidelines, or approval from the investor, stating the secondary valuation is sufficient. Based on the matrix provided to us, they are silent on the TPV. Condition retained. ; Audit reviewed the lender’s response. Please provide a copy of the guidelines/overlays you are using. When Non-Qm guides are silent, we follow XXX overlays. Lender to order TPV. Condition retained. ; Client re-uploaded FNMA SSR. Property/Appraisal guideline violation: TPV is required.

06/23/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%

C

A

C

A

C

A

C

A

A

A

C

C

C

A

C

C

C

A

C

C

C

A

C

C

C

A

C

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010233

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/05/2026

Resolved

XXX

Credit

HMDA Data Tape Not Provided

Loan is pending HMDA data review. Additional conditions may apply.

HMDA received - no level XXX discrepancies - condition cleared; HMDA Data Tape Provided.

06/10/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%

C

A

C

A

C

A

C

A

A

A

C

C

C

A

C

C

C

A

C

C

C

A

C

C

C

A

C

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010235

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/05/2026

Resolved

XXX

Credit

HMDA Data Tape Not Provided

Loan is pending HMDA data review. Additional conditions may apply.

HMDA received - no level XXX discrepancies - condition cleared ; HMDA Data Tape Provided.

08/12/2026

Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

C

A

D

A

C

A

A

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010235

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/09/2026

Resolved

XXX

Credit

Hazard Insurance Policy is Partial

Hazard Insurance Policy Partially Provided. Missing evidence of the hazard insurance company rating as well as evidence of the actual replacement cost amount for the home.

XX/XX/XXXX MM: Please see XXX copy of the RCE and the insurance rating

06/10/2026

Lender provided the ratings for the insurance company per lender guides. XXX A- Excellent and RCE. Condition cleared; Hazard Insurance Policy is fully present.

06/11/2026

Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

C

A

A

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010235

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/05/2026

Resolved

XXX

Property

Property/Appraisal General

Property/Appraisal guideline violation: CDA is required. Please provide CDA

XXX/10MM: Please see XXX CDA report |

06/10/2026

Third Party Valuation Product provided within tolerance. Condition cleared. ; Property/Appraisal Meets Guidelines.

06/11/2026

Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

C

A

D

A

C

A

A

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010237

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

06/12/2026

Resolved

XXX

Credit

Hazard Insurance Policy is Partial

Hazard Insurance Policy Partially Provided. Missing the hazard insurance companies rating.

XX/XX/XXXX XXX: Please see the XXX documentation to support the insurance has an acceptable rating.

06/15/2026

Lender provided documentation to support the insurance has an acceptable rating. Condition cleared. ; Hazard Insurance Policy is fully present.

06/16/2026

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010237

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

06/10/2026

Resolved

XXX

Credit

HMDA Data Tape Not Provided

Loan is pending HMDA data review. Additional conditions may apply.

HMDA received - no level XXX discrepancies - condition cleared; HMDA Data Tape Provided.

06/15/2026

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

C

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010239

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/10/2026

Resolved

XXX

Credit

Hazard Insurance Policy is Partial

Hazard Insurance Policy Partially Provided. XXX guidelines requires a Carrier rating that meets ALL requirements.

XX/XX/XXXX XXX: Please see the XXX documentation. I've XXX the insurance with an acceptable rating. please note that the document to support the rating isn't required as long as its confirmed that the insurance is an acceptable rating.

06/15/2026

Lender provided documentation to support the insurance has an acceptable rating. Condition cleared. ; Hazard Insurance Policy is fully present.

06/16/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010239

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/10/2026

Resolved

XXX

Credit

HMDA Data Tape Not Provided

Loan is pending HMDA data review. Additional conditions may apply.

HMDA received - no level XXX discrepancies - condition cleared; HMDA Data Tape Provided.

06/15/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

C

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010241

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

07/10/2026

Rescinded

XXX

Property

Incorrect Appraisal Form For XXX

Subject XXX is XXX, however, the appraisal inspection was completed on form type: XXX URAR.

Rescinded as XXX is allowed for this XXX.

07/13/2026

D

A

A

A

D

A

C

A

C

A

D

D

C

C

D

D

C

C

D

D

C

C

D

D

C

C

D

D

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010241

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

06/11/2026

Resolved

XXX

Property

Property/Appraisal General

Property/Appraisal guideline violation: Missing CDA. Please provide CDA.

XX/XX/XXXX XXX: Please see the XXX CDA for the report that supports the appraisal and overlay requirements.; XX/XX/XXXX XXX: please see the XXX documentation to support the CDA.; XX/XX/XXXX XXX: Per guidance from XXX, the SSR being used as the secondary valuation is sufficient to meet the secondary valuation requirement as the CU risk score is at a XXX of XXX since we are below the XX/XX/XXXX requirement, additional information is not required.; XX/XX/XXXX XXX: Please see the XXX documentation. Per the Bank Statement- XXX guidelines, when the appraisal is provided and the SSR's hold a CU score of XX/XX/XXXX or less, nothing additional is required and the second valuation is supported. Based on the documentation we have an SSR value of XXX which is within the allowable guidelines and additional valuation isn't required.

06/29/2026

Rescinded as XXX report can be used for SFD site condo.; Property/Appraisal Meets Guidelines.; CDA provided within tolerance. Condition cleared.; Pending the actual guidelines or approval from the investor stating the secondary valuation sufficient.  Condition retained.   ; Audit has reviewed your response. In order to clear this condition, we need the actual guidelines, or approval from the investor, stating the secondary valuation is sufficient. Based on the matrix provided to us, they are silent on the TPV. Condition retained.; Audit has reviewed your response. In order to clear this condition, we need the actual guidelines, or approval from the investor, stating the secondary valuation is sufficient. Based on the matrix provided to us, they are silent on the TPV. Condition retained. ; Audit reviewed the lender’s response. Please provide a copy of the guidelines/overlays you are using. When Non-Qm guides are silent, we follow XXX overlays. Lender to order TPV. Condition retained.

07/10/2026

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time - Borrower has XXX years on job. Borrower has XXX years on job.

D

A

C

A

D

A

C

A

C

A

D

D

C

C

D

D

C

C

D

D

C

C

D

D

C

C

D

D

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010241

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

06/11/2026

Resolved

XXX

Credit

Title Coverage is Less than Subject Lien

Title Coverage Amount of XXX is Less than Total Amount of Subject Lien XXX Title Coverage Amount of XXX is Less than Total Amount of Subject Lien XXX

XX/XX/XXXX SW- see XXX

06/30/2026

Lender provided the title supplement showing sufficient coverage. Condition cleared.; Material

07/01/2026

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time - Borrower has XXX years on job. Borrower has XXX years on job.

D

A

B

A

D

A

C

A

C

A

D

D

C

C

D

D

C

C

D

D

C

C

D

D

C

C

D

D

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010241

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

06/12/2026

Resolved

XXX

Credit

Hazard Insurance Policy is Partial

Hazard Insurance Policy Partially Provided. Missing evidence of the hazard insurance carriers business rating.

XX/XX/XXXX XXX: please see the XXX documentation. I've XXX the insurance. Please note that the documentation to support the rating isn't required to be in the file as long as the insurance is an acceptable rating.

06/15/2026

Lender provided documentation to support the insurance has an acceptable rating. Condition cleared. ; Hazard Insurance Policy is fully present.

06/16/2026

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time - Borrower has XXX years on job. Borrower has XXX years on job.

D

A

D

A

D

A

C

A

C

A

D

D

C

C

D

D

C

C

D

D

C

C

D

D

C

C

D

D

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010241

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

06/11/2026

Rescinded

XXX

Compliance

Qualified Mortgage Lending Policy Points and Fees Test

This loan has points and fees that exceed the points and fees threshold. (12 CFR XXX(e)(XXX) he loan amount is XXX or more, and the transaction's total points and fees is XXX which exceeds XXX percent of the total loan amount of $XXX; orThe loan amount is less than XXX but at least XXX and the transaction's total points and fees is XXX which exceeds $XXX; orThe loan amount is less than XXX but at least XXX and the transaction's total points and fees is XXX which exceeds XXX percent of the total loan amount of $XXX; orThe loan amount is less than XXX but at least XXX and the transaction's total points and fees is XXX which exceeds $XXX; orThe loan amount is less than XXX and the transaction's total points and fees is XXX which exceeds XXX percent of the total loan amount of $XXX. Non QM originated. Condition remains open pending client review.

CT XXX/XXX: Please see the XXX Par Rate, The price of the undiscounted rate is XXX there is no charge for undiscounted (also known as PAR) rate.

06/15/2026

Seller credit itemization in file; exception resolved; Seller credit itemization in file; exception resolved

06/16/2026

D

A

C

A

D

A

C

A

C

A

D

D

C

C

D

D

C

C

D

D

C

C

D

D

C

C

D

D

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010241

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

06/11/2026

Rescinded

XXX

Compliance

High-Cost Mortgage Late Fee Test

This loan failed the high-cost mortgage late charges test for one of the following reasons: (12 CFR §XXX(a)(XXX)(i) he loan provides for a late payment fee in excess of XXX% of the amount of the payment past due; orA value for the late charges amount was not provided ny late payment charge imposed in connection with a high-cost mortgage must be specifically permitted by the terms of the loan contract or open-end credit agreement and may not exceed XXX percent of the amount of the payment past due. No such charge may be imposed more than once for a single late payment. Cure required: Refund in the amount of $XXX; cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery. The following fees were included in the calculation: Administration Fee paid by Borrower: XXX Points - Loan Discount Fee paid by Borrower: XXX Processing Fee paid by Borrower: XXX Underwriting Fee paid by Borrower: $XXX. If Discount Points are bonafide and excludable, providing the PAR (undiscounted) rate may cure the violation.

CT XXX/XXX: Please see the XXX Par Rate, The price of the undiscounted rate is XXX there is no charge for undiscounted (also known as PAR) rate.

06/15/2026

Seller credit itemization in file; exception resolved; Seller credit itemization in file; exception resolved

06/16/2026

D

A

C

A

D

A

C

A

C

A

D

D

C

C

D

D

C

C

D

D

C

C

D

D

C

C

D

D

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010241

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

06/11/2026

Rescinded

XXX

Compliance

High-Cost Mortgage Pre-Loan Counseling Date Test

This loan failed the high-cost mortgage pre-loan counseling date test due to one of the following findings: (12 CFR §XXX(a)(XXX)(i), (ii) he loan is a XXX RESPA loan and the High-Cost Mortgage Pre-Loan Counseling Date indicates the creditor did not receive written certification that the consumer has obtained counseling on the advisability of the mortgage after the consumer received either the good faith estimate or the disclosures required by 12 CFR §XXX; orThe loan is a XXX TRID loan and the High-Cost Mortgage Pre-Loan Counseling Date indicates the creditor did not receive written certification that the consumer has obtained counseling on the advisability of the mortgage after the consumer received either the initial loan estimate or the disclosures required by 12 CFR §XXX; orThe loan is a chattel loan and the High-Cost Mortgage Pre-Loan Counseling Date indicates the creditor did not receive written certification that the consumer has obtained counseling on the advisability of the mortgage after the consumer received the disclosures required by 12 CFR §XXX; orThe High-Cost Mortgage Pre-Loan Counseling Date was not provided; orThe High-Cost Mortgage Pre-Loan Counseling Date is on or after the closing date or estimated closing date ertification of counseling required. A creditor shall not extend a high-cost mortgage to a consumer unless the creditor receives written certification that the consumer has obtained counseling on the advisability of the mortgage from a counselor that is approved to provide such counseling by the Secretary of the U. Department of Housing and Urban Development or, if permitted by the Secretary, by a State housing finance authority.(ii) Timing of counseling. The counseling required under this paragraph (a)(XXX) must occur after:(A) The consumer receives either the disclosure required by section XXX(c) of the Real Estate Settlement Procedures Act of XXX (XXX U. XXX(c)) or the disclosures required by §XXX; or(B) The consumer receives the disclosures required by §XXX(c), for transactions in which neither of the disclosures listed in (A) are provided. Cure required: Refund in the amount of $XXX; cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery. The following fees were included in the calculation: Administration Fee paid by Borrower: XXX Points - Loan Discount Fee paid by Borrower: XXX Processing Fee paid by Borrower: XXX Underwriting Fee paid by Borrower: $XXX. If Discount Points are bonafide and excludable, providing the PAR (undiscounted) rate may cure the violation.

CT XXX/XXX: Please see the XXX Par Rate, The price of the undiscounted rate is XXX there is no charge for undiscounted (also known as PAR) rate.

06/15/2026

Seller credit itemization in file; exception resolved; Seller credit itemization in file; exception resolved

06/16/2026

D

A

C

A

D

A

C

A

C

A

D

D

C

C

D

D

C

C

D

D

C

C

D

D

C

C

D

D

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010241

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

06/11/2026

Rescinded

XXX

Compliance

High-Cost Mortgage Points and Fees Threshold Test

This loan failed the high-cost mortgage points and fees threshold test due to one of the following findings: (12 CFR §XXX(a)(XXX)(ii)(A), (B) he loan amount is XXX or more, and the transaction's total points and fees is XXX which exceeds XXX percent of the total loan amount of $XXX; orThe loan amount is less than XXX and the transaction's total points and fees is XXX which exceeds the lesser of XXX percent of the total loan amount of XXX or $XXX. Cure required: Refund in the amount of $XXX; cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery. The following fees were included in the calculation: Administration Fee paid by Borrower: XXX Points - Loan Discount Fee paid by Borrower: XXX Processing Fee paid by Borrower: XXX Underwriting Fee paid by Borrower: $XXX. If Discount Points are bonafide and excludable, providing the PAR (undiscounted) rate may cure the violation.

CT XXX/XXX: Please see the XXX Par Rate, The price of the undiscounted rate is XXX there is no charge for undiscounted (also known as PAR) rate.

06/15/2026

Seller credit itemization in file; exception resolved; Seller credit itemization in file; exception resolved

06/16/2026

D

A

C

A

D

A

C

A

C

A

D

D

C

C

D

D

C

C

D

D

C

C

D

D

C

C

D

D

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010241

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

06/11/2026

Rescinded

XXX

Compliance

High-Cost Mortgage Timing of Disclosure Test

This loan failed the high-cost mortgage timing of disclosure test due to one of the following findings: (12 CFR §XXX(c) he High-Cost Mortgage Disclosure Date indicates the creditor did not furnish the disclosure required by 12 CFR §XXX at least three business days prior to the consummation or account opening of a high-cost mortgage; orThe High-Cost Mortgage Disclosure Date was not provided; orNeither the consummation date nor the closing date was provided. Cure required: Refund in the amount of $XXX; cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery. The following fees were included in the calculation: Administration Fee paid by Borrower: XXX Points - Loan Discount Fee paid by Borrower: XXX Processing Fee paid by Borrower: XXX Underwriting Fee paid by Borrower: $XXX. If Discount Points are bonafide and excludable, providing the PAR (undiscounted) rate may cure the violation.

CT XXX/XXX: Please see the XXX Par Rate, The price of the undiscounted rate is XXX there is no charge for undiscounted (also known as PAR) rate.

06/15/2026

Seller credit itemization in file; exception resolved; Seller credit itemization in file; exception resolved

06/16/2026

D

A

C

A

D

A

C

A

C

A

D

D

C

C

D

D

C

C

D

D

C

C

D

D

C

C

D

D

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010241

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

06/11/2026

Resolved

XXX

Credit

HMDA Data Tape Not Provided

Loan is pending HMDA data review. Additional conditions may apply. Loan is pending HMDA data review. Additional conditions may apply.

HMDA received - no level XXX discrepancies - condition cleared; HMDA Data Tape Provided.

06/15/2026

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time - Borrower has XXX years on job. Borrower has XXX years on job.

D

A

C

A

D

A

C

A

C

A

D

D

C

C

D

D

C

C

D

D

C

C

D

D

C

C

D

D

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010243

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/15/2026

Resolved

XXX

Credit

HMDA Data Tape Not Provided

Loan is pending HMDA data review. Additional conditions may apply.

HMDA review completed, no Level XXX findings noted, condition cleared.; HMDA Data Tape Provided.

06/22/2026

Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

C

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010243

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/17/2026

Resolved

XXX

Credit

Hazard Insurance Policy is Partial

Hazard Insurance Policy Partially Provided. Missing evidence of the hazard insurance companies rating.

XX/XX/XXXX XXX: please see the XXX documentation. I've XXX the acceptable rating for the insurance.

06/18/2026

Insurance rating for the subject provided. Condition cleared. ; Hazard Insurance Policy is fully present.

06/19/2026

Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010245

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/17/2026

Resolved

XXX

Property

Property/Appraisal General

Property/Appraisal guideline violation: The AVM does not meet Confidence score requirement of at least XXX% XXX%<XXX% Required.

XX/XX/XXXX XXX: please see the XXX CDA; XX/XX/XXXX XXX: Please see the XXX documentation. I've XXX the appraisal and AVM. Please note that per the Investor XXX guidelines, if the AVM from XXX, an FSD score of less than XXX and a an overall value difference of less than XXX% is eligible as a secondary valuation. Per the documentation provided we have about a XXX% difference in appraised value and we have an FSD score of.XXX. Since we are within the eligible limits for both requirements on this product, the secondary valuation is an acceptable valuation.

06/23/2026

Lender provided the CDA within tolerance. Condition cleared. ; Property/Appraisal Meets Guidelines.; Audit has reviewed your response. In order to clear this condition, we need the actual guidelines, or approval from the investor, stating the secondary valuation is sufficient. Based on the matrix provided to us, they are silent on the TPV. Condition retained.

06/23/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

C

A

D

A

C

A

A

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010245

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/15/2026

Resolved

XXX

Credit

HMDA Data Tape Not Provided

Loan is pending HMDA data review. Additional conditions may apply.

HMDA received - no level XXX discrepancies - condition cleared; HMDA Data Tape Provided.

06/22/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

C

A

D

A

C

A

A

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010245

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/17/2026

Resolved

XXX

Credit

Hazard Insurance Policy is Partial

Hazard Insurance Policy Partially Provided. Missing hazard insurance company's rating.

XX/XX/XXXX XXX: please see the XXX documentation to support an acceptable rating from the insurance company

06/18/2026

Insurance rating for the subject provided. Condition cleared.; Hazard Insurance Policy is fully present.

06/19/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

C

A

A

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010247

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

06/16/2026

Resolved

XXX

Credit

HMDA Data Tape Not Provided

Loan is pending HMDA data review. Additional conditions may apply.

HMDA review completed, no Level XXX findings noted, condition cleared.; HMDA Data Tape Provided.

06/22/2026

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time - Borrower has XXX years on job. | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

C

A

C

A

C

A

A

A

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010249

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/16/2026

Resolved

XXX

Credit

HMDA Data Tape Not Provided

Loan is pending HMDA data review. Additional conditions may apply.

HMDA review completed, no Level XXX findings noted, condition cleared.; HMDA Data Tape Provided.

06/22/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

C

A

D

A

C

A

A

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010249

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/18/2026

Resolved

XXX

Credit

Hazard Insurance Policy is Partial

Hazard Insurance Policy Partially Provided. Missing evidence of the hazard insurance company's ratings.

XX/XX/XXXX XXX: please see the XXX documentation to support the insurance is an acceptable rating.

06/19/2026

Documentation provided is sufficient. Exception resolved.; Hazard Insurance Policy is fully present.

06/22/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

C

A

A

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010249

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/16/2026

Resolved

XXX

Property

Property/Appraisal General

Property/Appraisal guideline violation: TPV required

XX/XX/XXXX XXX: please note that per the investor flex-XXX guidelines an SSR is an acceptable secondary valuation as long as FNMA CU score has a risk of less than XXX. Based on the documentation I believe we have a CU score of XXX and within the allowable guidelines. Please see the XXX third party valuation.

06/19/2026

Documentation provided is sufficient. Exception resolved.; Property/Appraisal Meets Guidelines.

06/22/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

C

A

D

A

C

A

A

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010251

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/18/2026

Resolved

XXX

Credit

HMDA Data Tape Not Provided

Loan is pending HMDA data review. Additional conditions may apply.

HMDA review completed, no Level XXX findings noted, condition cleared.; HMDA Data Tape Provided.

06/24/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%

C

A

C

A

C

A

A

A

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010253

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

06/19/2026

Resolved

XXX

Credit

HMDA Data Tape Not Provided

Loan is pending HMDA data review. Additional conditions may apply.

HMDA review completed, no Level XXX findings noted, condition cleared.; HMDA Data Tape Provided.

06/24/2026

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

C

A

C

A

C

A

A

A

A

A

C

C

A

A

C

C

A

A

C

C

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C

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A

4000010255

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/24/2026

Resolved

XXX

Property

Property/Appraisal General

Property/Appraisal guideline violation: Missing the required CDA per overlays.

XX/XX/XXXX XXX: please see the XXX documentation. I've XXX the CDA to meet the required guidelines.

06/30/2026

CDA provided within tolerance. Condition cleared.

07/01/2026

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%

C

A

C

A

C

A

C

A

A

A

C

C

C

A

C

C

C

A

C

C

C

A

C

C

C

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C

C

C

A

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A

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A

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A

A

A

A

A

A

A

A

A

A

A

A

A

4000010255

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

06/22/2026

Resolved

XXX

Credit

HMDA Data Tape Not Provided

Loan is pending HMDA data review. Additional conditions may apply.

HMDA review completed, no Level XXX findings noted, condition cleared.; HMDA Data Tape Provided.

06/29/2026

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%

C

A

C

A

C

A

C

A

A

A

C

C

C

A

C

C

C

A

C

C

C

A

C

C

C

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C

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010257

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

06/23/2026

Resolved

XXX

Credit

HMDA Data Tape Not Provided

Loan is pending HMDA data review. Additional conditions may apply.

HMDA received - no level XXX discrepancies - condition cleared; HMDA Data Tape Provided.

06/29/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

C

A

C

A

C

A

A

A

A

A

C

C

A

A

C

C

A

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C

C

A

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C

C

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C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010259

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

06/23/2026

Resolved

XXX

Credit

HMDA Data Tape Not Provided

Loan is pending HMDA data review. Additional conditions may apply.

HMDA received - no level XXX discrepancies - condition cleared; HMDA Data Tape Provided.

06/29/2026

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

C

A

C

A

C

A

A

A

A

A

C

C

A

A

C

C

A

A

C

C

A

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C

C

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C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010261

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

06/24/2026

Resolved

XXX

Credit

The Deed of Trust is Incomplete

The Deed of Trust is Incomplete. Missing a notary date on the mortgage.

TF XX/XX/XXXX Please see XXX Deed of Trust

06/29/2026

Lender provided the signed notary date for the subject mortgage. Condition cleared.

06/30/2026

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

A

A

C

A

D

D

A

C

D

D

A

C

D

D

A

C

D

D

A

C

D

D

A

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010261

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

06/23/2026

Resolved

XXX

Compliance

Initial Closing Disclosure Delivery Date Test

This loan failed the initial closing disclosure delivery date test due to one of the following findings:(12 CFR §XXX(f)(XXX)(ii) he initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:"USPS First Class Mail" or "Electronic Delivery" or blank, and the initial closing disclosure delivery date is less than six 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 initial 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; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt 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 transactionThe creditor shall ensure that the consumer receives the disclosures required under paragraph §XXX(f)(XXX)(i) no later than three business days before consummation. Documentation required. The initial CD and any other revised CD's are missing from the loan file. The earliest CD in the file is dated XX/XX/XXXX and signed at consummation. The violation can be cured by providing the initial CD as well as evidence showing it was received by the consumer prior to consummation on XXX/XXX/XXX.

LI XX/XX/XXXX Please see the XXX Closing Disclosure and TRID worksheet with proof that both borrowers were sent an Initial Closing Disclosure on XX/XX/XXXX and the mailbox rule was applied. This meets the XXX business days before the closing date of XX/XX/XXXX

06/26/2026

Initial CD provided; exception resolved; Initial CD provided; exception resolved

06/29/2026

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

C

A

D

A

A

A

C

A

D

D

A

C

D

D

A

C

D

D

A

C

D

D

A

C

D

D

A

C

A

A

A

A

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A

A

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A

A

A

A

A

A

A

A

A

A

A

4000010261

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

06/24/2026

Resolved

XXX

Credit

HMDA Data Tape Not Provided

Loan is pending HMDA data review. Additional conditions may apply.

HMDA review completed, no Level XXX findings noted, condition cleared.; HMDA Data Tape Provided.

06/29/2026

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

C

A

D

A

A

A

C

A

D

D

A

C

D

D

A

C

D

D

A

C

D

D

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D

D

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C

A

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A

A

A

4000010263

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

06/25/2026

Resolved

XXX

Credit

Hazard Insurance Policy is Partial

Hazard Insurance Policy Partially Provided. Missing evidence of the hazard insurance company's business rating.

XX/XX/XXXX XXX: please see the XXX documentation. I've XXX the insurance rating.

06/29/2026

Insurance rating for the subject provided. Condition cleared.; Hazard Insurance Policy is fully present.

06/30/2026

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

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D

D

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D

D

A

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A

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A

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A

A

A

A

A

A

A

A

4000010263

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

06/24/2026

Resolved

XXX

Credit

HMDA Data Tape Not Provided

Loan is pending HMDA data review. Additional conditions may apply.

HMDA received - no level XXX discrepancies - condition cleared; HMDA Data Tape Provided.

06/29/2026

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

C

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

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D

D

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D

D

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A

4000010265

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

06/25/2026

Resolved

XXX

Property

Property/Appraisal General

Property/Appraisal guideline violation: Required CDA missing for review. Please provide required CDA

XX/XX/XXXX XXX: please see the XXX CDA to support the appraised value.

06/30/2026

CDA provided within tolerance. Condition cleared. ; Property/Appraisal Meets Guidelines.

07/01/2026

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

C

A

D

A

C

A

C

A

D

D

C

C

D

D

C

C

D

D

C

C

D

D

C

C

D

D

C

C

A

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A

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A

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A

A

A

A

A

4000010265

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

06/25/2026

Resolved

XXX

Credit

Hazard Insurance Policy is Partial

Hazard Insurance Policy Partially Provided. Required Insurance Company Business Rating is not in file for review. Please provide Property Insurance Business Rating

XX/XX/XXXX XXX: please see the XXX documentation to support the insurance has a sufficient rating.

06/29/2026

Insurance rating for the subject provided. Condition cleared. ; Hazard Insurance Policy is fully present.

06/30/2026

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

C

A

C

A

D

D

C

C

D

D

C

C

D

D

C

C

D

D

C

C

D

D

C

C

A

A

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A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010265

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

06/24/2026

Resolved

XXX

Compliance

Higher-Priced Mortgage Loan Test

This loan failed the higher-priced mortgage loan test. (12 CFR § XXX(a)(XXX) sing the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z hile the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §XXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. No Cure required. HPML with established escrows and appraisal requirements met. Exception downgraded to a A.

LI XX/XX/XXXX Our Contract states that XXX will buy HPML as long as all the requirements were met as they were on this loan. Please see the XXX document that shows the borrower received the Appraisal on XXX/XXX/XXX.

06/26/2026

06/29/2026

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

C

A

D

A

C

A

C

A

D

D

C

C

D

D

C

C

D

D

C

C

D

D

C

C

D

D

C

C

A

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A

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A

A

A

A

A

A

A

A

A

4000010265

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

06/23/2026

Resolved

XXX

Credit

HMDA Data Tape Not Provided

Loan is pending HMDA data review. Additional conditions may apply.

HMDA received - no level XXX discrepancies - condition cleared; HMDA Data Tape Provided.

06/29/2026

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

C

A

D

A

C

A

C

A

D

D

C

C

D

D

C

C

D

D

C

C

D

D

C

C

D

D

C

C

A

A

A

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A

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A

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A

A

A

A

A

A

A

A

4000010267

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

03/10/2026

Resolved

XXX

Credit

Missing Business Entity Formation Document

Missing the Articles of Organization and the Certificate of Good Standing.

03/10/2026

Client provided Operating Agreement for XXX and Cert of good standing provided. LM Updated. ; Client provided Operating Agreement for XXX. LM Updated.; Cert of good standing provided. ; Certificate of good standing provided.

04/10/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010267

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

03/09/2026

Resolved

XXX

Credit

Missing Personal Guaranty

Missing Personal Guaranty. Borrower signed Note as the manager of the entity but file does not contain a Personal Guaranty signed by the borrower. In addition, the loan does not contain a Personal Guaranty from the entity's sole XXX, XXX XXX XXXXX.

A personal guarantee is not needed for XXX XXXXX as that is the seller. We only have their operating agreement as we needed the Seller POA to ensure XXX XXXXX could sell the subject as it was an entity as the seller XXX XXXXX; A personal guarantee is not needed for XXX XXXXX as that is the seller. We only have thier operating agreement as we needed the Seller POA to ensure XXX XXXXX could sell the subject as it was an entity as the seller; A personal guarantee is not needed for XXX XXXXX as that is the seller. We only have thier operating agreement as we needed the Seller POA to ensure XXX XXXXX could sell the subject as it was an entity as the seller; A personal guarantee is not needed for XXX XXXXX as that is the seller. We only have thier operating agreement as we needed the Seller POA to ensure XXX XXXXX could sell the subject as it was an entity as the seller; A personal guarantee is not needed for XXX XXXXX as that is the seller. We only have thier operating agreement as we needed the Seller POA to ensure XXX XXXXX could sell the subject as it was an entity as the seller; The borrower is the XXX XXX see uploaded LOE --XXX XXX XXXXX; ;

04/10/2026

Personal Guaranty provided.; Client provided evidence that the Borrower is the XXX XXX. LM Updated.; Client states: The borrower is the XXX XXX see uploaded LOE --XXX XXX XXXXX. LOE was not Uploaded.; Client provided Personal Guaranty for the Borrower. Still need Personal Guaranty from the entity's sole XXX, XXX XXX XXXXX.

04/10/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010267

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

03/10/2026

Rescinded

XXX

Credit

Loan does not conform to program guidelines

The Operating Agreement in file indicates that the entity has only XXX, XXX XXX XXXXX. The borrower is not listed as a XXX, but XXX guidelines require that the borrower be at least XXX% owner of the entity. The file does not contain a loan application for the XXX or any loan documents signed by the actual XXX.

The Operating Agreement XXX owned by XXX XXX XXXXX is the Seller. We always have to document who authorized to sign for the sellers side when the seller is an entity. This does not have anything to do with the loan qualification;

03/10/2026

Condition rescinded. set in error.

03/10/2026

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010267

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

03/09/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

03/10/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

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A

A

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A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010267

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

03/09/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

03/10/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010269

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

QM: Safe Harbor APOR (APOR SH)

Loan Review Complete

03/11/2026

Cured

XXX

Compliance

Charges That Cannot Increase Test

This loan failed the charges that cannot increase test. (12 CFR §XXX(e)(XXX)(i) he loan contains charges that exceed the good faith determination according to §XXX(e)(XXX)(i) ne or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX lease see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures n estimated closing cost disclosed pursuant to §XXX(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §XXX(e)(XXX)(i). TILA 130b Cure Required. Refund in the amount of $XXX; cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery or Valid COC. The zero tolerance violation in the amount of XXX is due to increase from XXX to XXX for the appraisal fee. The change occurred on LE issued XX/XX/XXXX without a valid COC. Providing a valid reason for the change may cure the violation.

Final CD and Final SS show the appraisal fee was POC, please clear --XXX XXXXX;

03/23/2026

Cure package provided to the borrower; exception downgraded to a XXX/B; Cure package provided to the borrower; exception downgraded to a XXX/B; Cure package provided was missing a copy of the PCCD, please provide this for review; The file did not contain a valid reason for the fee to increase. The cost of the appraisal increased from XXX to XXX the change occurred on LE issued XX/XX/XXXX without a valid COC. Provide a valid COC or a cure.

04/17/2026

Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Borrower has stable job time - Borrower has XXX years on job. | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

D

B

C

B

D

A

A

A

C

B

D

D

A

C

D

D

A

C

D

D

A

C

D

D

A

C

D

D

A

C

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

4000010269

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

QM: Safe Harbor APOR (APOR SH)

Loan Review Complete

03/11/2026

Resolved

XXX

Credit

Approval/Underwriting Summary Not Provided

Missing Approval/Underwriting Summary. Loan file is missing the XXX and the lender approval.

;

03/23/2026

Approval/Underwriting Summary is fully present; Client provided XXX and Conditional Loan Approval. LM Updated.

03/23/2026

Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Borrower has stable job time - Borrower has XXX years on job. | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

D

B

B

A

D

A

A

A

C

B

D

D

A

C

D

D

A

C

D

D

A

C

D

D

A

C

D

D

A

C

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

4000010269

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

QM: Safe Harbor APOR (APOR SH)

Loan Review Complete

03/12/2026

Resolved

XXX

Credit

Missing Business Entity Formation Document

XXX XX/XX/XXXX guidelines require verification of the business ownership and proof that the documents have been filed with the state, as well as verification of good standing. There is no CPA letter, but the file does contain a Shareholders Agreement showing borrower owns XXX% as of XXX/XXX/XXX. However, the document does not reflect validation by the state, and the DOS screen print shows last document filed was in XXX In addition, there is no evidence of good standing.

we have the business search and it shows active, dated today --XXX XXXXX; please see XXX the bank statements guidelines page XXX Bank Statements XX/XX/XXXX Product Eligibility To be eligible for the Bank Statement product, at least one borrower on the file must derive their primary income source from self-employment. XXX defines self-employment as ownership interest of a business entity at XXX% or more. Borrowers generally must have been XXX for at least two years in the same business. Co-borrowers who are not XXX may provide supplemental income from other income sources. Borrowers who have been XXX less than two years, but not less than one year prior to application are eligible with an additional six-months’ reserves, and by documenting two years of previous Page XXX of XXX NonQM Underwriting Guidelines experience in the same line of work. The borrower must provide at least XXX months of bank statements supporting their self-employment and existence of the business. Validation by a neutral third-party verifying self-employment must be provided in all cases. It must support the fact that the business has been in operation for a minimum of two years (unless the above paragraph is pertinent to the borrower’s circumstances), and that the borrower has had ownership for that period. In order to document both self-employment and the borrower’s ownership percentage a combination of supporting documents could be necessary. A third-party verification of the business includes, but is not limited to, one or more of the following to support self-employment and/or ownership: • Current and previous Business License • Articles of Incorporation • XXXship Agreement • Articles of Organization and/or Operating Agreement for an LLC o Should reflect Single XXX/Manager or Multiple XXXs/Managers to clarify ownership percentage. • Secretary of State Business Search o When used the business cannot reflect as currently inactive, suspended, dissolved, in bad standing, forfeited, etc. • Any other registered documents supporting the company formation and existence. • IRS- Issued Employer Identification Number Confirmation Letter • Letter from Licensed CPA or Licensed Tax Professional o No exclusionary language absolving tax professional from accuracy of the length of time self- XXX or percentage of ownership of the borrower when used. OK to address that we should be making our own credit decision based on the borrower’s overall credit and income profile. • Documentation from a Regulatory Agency for the particular industry • Alternative documentation to establish the number of years the borrower has ownership of XXX% or more of the business may be obtained if the documentation clearly identifies the specific business reflected on the XXX and any other documents in file --XXX XXXXX;

03/20/2026

Client provided Business Search from Pennsylvania Department of State reflecting XXX has an initial filing date of XX/XX/XXXX and is currently Active. LM Updated.

03/23/2026

Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Borrower has stable job time - Borrower has XXX years on job. | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

D

B

D

A

D

A

A

A

C

B

D

D

A

C

D

D

A

C

D

D

A

C

D

D

A

C

D

D

A

C

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

4000010269

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

QM: Safe Harbor APOR (APOR SH)

Loan Review Complete

03/11/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

03/12/2026

Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Borrower has stable job time - Borrower has XXX years on job. | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

D

B

A

A

D

A

A

A

C

B

D

D

A

C

D

D

A

C

D

D

A

C

D

D

A

C

D

D

A

C

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

4000010271

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

03/30/2026

Resolved

XXX

Credit

The Note is Incomplete

The Note is Incomplete The final contains XXX different, signed prepayment penalty addendums. Verification of the correct PPP is required.

; My apologies, i am covering for our PC Employee and uploaded the wrong addendum. See XXX addendum. This matches the rider, which is the correct terms. --XXX XXXXX; Correct addendum uploaded --XXX XXXXX;

04/03/2026

The Note is Present; Lender confirmed XXX mos interest for XXX months on amount exceeding XXX% of original principal balance of note for the Prepayment. ; File contains XXX PPP addendums to note. one is XXX mos interest for XXX mos, amount that exceeds XXX% of original principal balance. The 2nd PPP is XXX months, XXX%/XXX% for the amount that exceeds XXX% of original principal balance. Lender re uploaded the PPP reflecting XXX months, XXX%/XXX% for the amount that exceeds XXX% of original principal balance and stated correct addendum uploaded. If this is indeed the correct note addendum, Corrected PPP rider to note must be provided, evidence the deed has been re-recorded with the new Prepayment Rider.

04/03/2026

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010271

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

03/30/2026

Resolved

XXX

Credit

Approval/Underwriting Summary Partially Provided

Approval/Underwriting Summary Partially Provided. The XXX in file reflects an appraised value of XXX and an LTV of XXX%. The actual appraised value is XXX and LTV is XXX%. A corrected XXX is required.

; ; ; ;

04/03/2026

Approval/Underwriting Summary is fully present; Updated XXX provided

04/03/2026

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

B

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010271

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

03/27/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

03/30/2026

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010271

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

03/27/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

03/30/2026

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010273

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

03/30/2026

Resolved

XXX

Credit

Asset Qualification Does Not Meet Guideline Requirements

Asset Qualification Does Not Meet Guideline Requirements. XXX guidelines section XXX. requires assets to be verified per FNMA's Seller's Guide. FNMA requires XXX months verification of funds for purchases. The file only contains one month for all accounts used to qualify.

04/01/2026

Asset Qualification Meets Guideline Requirements.

04/16/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

C

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010273

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/01/2026

Resolved

XXX

Credit

Excessive Seller Contributions

The final Closing Disclosure (CD) reflects seller credits totaling XXX which exceeds the actual closing costs of XXX by $XXX. The adjusted sales price would be XXX and the adjusted LTV would be XXX%.

Based on feedback from our internal compliance group, the XXX on page XXX of the Closing disclosure as taxes paid in advance by the seller, should not be counted in the total of closing cost paid by the seller. That amount should be netted from the total credit of XXX since it was for taxes due while the seller had the property. Total closing cost paid by the seller is $XXX. ;

04/07/2026

Client states: Based on feedback from our internal compliance group, the XXX on page XXX of the Closing disclosure as taxes paid in advance by the seller, should not be counted in the total of closing cost paid by the seller. That amount should be netted from the total credit of XXX since it was for taxes due while the seller had the property. Total closing cost paid by the seller is $XXX. LM Updated.

04/07/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

C

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010273

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

03/30/2026

Resolved

XXX

Credit

Business Purpose Affidavit/Disclosure Missing

Business Purpose Affidavit/Disclosure Missing DSCR XXX guidelines section XXX. requires a signed Business Purpose Affidavit which was not in file.

;

04/02/2026

Business Purpose Affidavit/Disclosure Provided; Client provided Affidavit of Occupancy reflecting Investment Property: Not owner occupied. Purchased as an investment to be held or rented. LM Updated.

04/02/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010273

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

03/30/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

04/01/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010273

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/01/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

04/01/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010275

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

QM: Higher Priced APOR (APOR HP)

Loan Review Complete

04/01/2026

Resolved

XXX

Compliance

RESPA Homeownership Counseling Organizations Disclosure Date Test

This loan failed the homeownership counseling organizations disclosure date test due to the following findings: (12 CFR §XXX(a) he loan has a homeownership counseling organizations disclosure date that is not within three business days of the loan originator's XXX (or the date creditor received application if loan originator's XXX is not provided); orThe homeownership counseling organizations disclosure date is after the closing date ot later than three business days after a lender, mortgage broker, or dealer receives an application, or information sufficient to complete an application, the lender must provide the loan applicant with a clear and conspicuous written list of homeownership counseling organizations that provide relevant counseling services in the loan applicant's location. The list of homeownership counseling organizations distributed to each loan applicant under this section shall be obtained no earlier than XXX days prior to the time when the list is provided to the loan applicant from either:(XXX he website maintained by the Bureau for lenders to use in complying with the requirements of this section; or(XXX ata made available by the Bureau or HUD for lenders to use in complying with the requirements of this section, provided that the data is used in accordance with instructions provided with the data his calculation take into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §XXX(b) and as it relates to §XXX (list of homeownership counseling organizations provided not later than XXX business days after a loan originator receives an application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:As not being open on Christmas Day (XXX/XXX/XXX LEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict lease note: This test does not validate the content of any list of homeownership counseling organizations. Documentation required to clear exception: Provide homeownership counseling disclosure that was provided to the consumer within XXX business days of XXX of XXX/XXX/XXX.

; ;

04/08/2026

Lender confirmed XXX; exception resolved; Lender confirmed XXX; exception resolved

04/08/2026

Borrower has stable job time - Borrower has XXX years on job. | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

C

A

B

A

A

A

A

A

C

A

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010275

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

QM: Higher Priced APOR (APOR HP)

Loan Review Complete

04/01/2026

Resolved

XXX

Compliance

eSigned Documents Consent is Missing

The eSigned consent disclosure is missing. Documentation required:  First e-signed document in the file is dated XXX/XXX/XXX; however, the file is missing proof of e-consent dated XX/XX/XXXX or before.

;

04/08/2026

Evidence of eConsent is provided.

04/08/2026

Borrower has stable job time - Borrower has XXX years on job. | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

C

A

B

A

A

A

A

A

C

A

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010275

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

QM: Higher Priced APOR (APOR HP)

Loan Review Complete

03/31/2026

Resolved

XXX

Compliance

Missing Required Affiliated Business Disclosure

Required Affiliated Business Disclosure Missing Documentation required to clear exception: Please provide proof that the Affiliated Business Disclosure was provided prior to closing or provide confirmation that the lender has no affiliates.

;

04/08/2026

Required Affiliated Business Disclosure Documentation Provided.

04/08/2026

Borrower has stable job time - Borrower has XXX years on job. | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

C

A

B

A

A

A

A

A

C

A

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010275

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

QM: Higher Priced APOR (APOR HP)

Loan Review Complete

04/01/2026

Resolved

XXX

Compliance

Initial Loan Estimate Delivery Date Test (from application)

This loan failed the initial loan estimate delivery date test (from application) due to one of the following: (12 CFR §XXX(e)(XXX)(iii)(A) he initial loan estimate delivery date is later than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions) after the creditor or broker receives the consumer's written application herefore, if additional disclosures are entered into ComplianceAnalyzer, any values that would change under a valid changed circumstance if the initial loan estimate had been delivered timely, will not reset the baseline for tolerance purposes. The comparable fees for this loan will be XXX regardless of the actual values on the disclosure his calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §XXX(a)(XXX) and as it relates to §XXX(e)(XXX)(iii)(A) (initial loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:As not being open on Christmas Day (XXX/XXX/XXX LEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict he creditor shall deliver or place in the mail the disclosures required under §XXX(e)(XXX)(i) (provision of loan estimate form) not later than the third business day after the creditor receives the consumer's application. Documentation required to clear exception: The Initial Loan Estimate is missing from the loan file. The earliest LE in the loan file was issued on XXX/XXX/XXX. The violation can be cured by providing the initial LE within XXX days of XXX of XX/XX/XXXX as verified by XXX report.

;

04/08/2026

Lender confirmed XXX; exception resolved; Lender confirmed XXX; exception resolved

04/08/2026

Borrower has stable job time - Borrower has XXX years on job. | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

C

A

C

A

A

A

A

A

C

A

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010275

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

QM: Higher Priced APOR (APOR HP)

Loan Review Complete

03/31/2026

Resolved

XXX

Compliance

Intent to Proceed is Missing

The intent to proceed is missing. Documentation required to clear exception: Provide either a signed intent to proceed document or provide the date the borrower gave the lender/broker their intent to proceed

;

04/08/2026

Proof of Intent to Proceed has been provided.

04/08/2026

Borrower has stable job time - Borrower has XXX years on job. | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

C

A

B

A

A

A

A

A

C

A

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010275

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

QM: Higher Priced APOR (APOR HP)

Loan Review Complete

03/31/2026

Resolved

XXX

Compliance

Evidence of Appraisal Delivery to Borrower not Provided or Late (12 CFR  XXX(a)(XXX))

The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR XXX(a)(XXX)). Documentation required to clear exception: Evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date is required, but missing from the file. If borrower waived the XXX day timing requirement, provide an executed appraisal waiver and evidence the appraisal was received the day of close.

;

04/08/2026

Evidence of appraisal delivery provided.

04/08/2026

Borrower has stable job time - Borrower has XXX years on job. | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

C

A

B

A

A

A

A

A

C

A

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010275

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

QM: Higher Priced APOR (APOR HP)

Loan Review Complete

04/01/2026

Resolved

XXX

Compliance

Charges That In Total Cannot Increase More Than XXX% Test

This loan failed the charges that in total cannot increase more than XXX% test. (12 CFR §XXX(e)(XXX)(ii) he loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §XXX(e)(XXX)(ii). The final charges that in total cannot increase more than XXX% XXX exceed the comparable charges XXX by more than XXX% Please see the table that displays the Charges That Cannot Increase More Than XXX% for a comparison of the data between the provided disclosures n estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §XXX(e)(XXX)(i) by more than XXX percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §XXX(e)(XXX)(vi). TILA 130b Cure Required. Refund in the amount of $XXX: cure package requires a PCCD, LOE, Copy of Refund Check, and proof of delivery. The exception is tied to the missing Initial LE issued within XXX business days of the XXX of XX/XX/XXXX per XXX report as the earliest available LE is dated XXX/XXX/XXX. Please provide the initial LE issued within XXX business days of the XXX of XXX/XXX/XXX. Additional testing will be completed once the initial LE is provided. Also provide the written list of service providers for accurate testing.

;

04/08/2026

Lender confirmed XXX; exception resolved; Lender confirmed XXX; exception resolved

04/08/2026

Borrower has stable job time - Borrower has XXX years on job. | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

C

A

C

A

A

A

A

A

C

A

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010275

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

QM: Higher Priced APOR (APOR HP)

Loan Review Complete

03/31/2026

Resolved

XXX

Compliance

Higher-Priced Mortgage Loan Evidence of Appraisal Delivery to the Borrower Not Provided (12 CFR XXX(c)(XXX))

Evidence of Appraisal Delivery to the Borrower Not Provided. Documentation required to clear exception: Evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date is required, but missing from the file. If borrower waived the XXX day timing requirement, provide an executed appraisal waiver and evidence the appraisal was received the day of close.

;

04/08/2026

Evidence of Appraisal Delivery to the Borrower Provided.

04/08/2026

Borrower has stable job time - Borrower has XXX years on job. | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

C

A

C

A

A

A

A

A

C

A

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010275

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

QM: Higher Priced APOR (APOR HP)

Loan Review Complete

03/31/2026

Resolved

XXX

Compliance

Higher-Priced Mortgage Loan Test

This loan failed the higher-priced mortgage loan test. (12 CFR § XXX(a)(XXX) sing the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z hile the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §XXX, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. Appraisal requirements not met; missing appraisal delivery receipt. Unable to downgrade.

;

04/08/2026

Appraisal delivery provided; HPML compliant

04/08/2026

Borrower has stable job time - Borrower has XXX years on job. | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

C

A

C

A

A

A

A

A

C

A

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010275

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

QM: Higher Priced APOR (APOR HP)

Loan Review Complete

03/31/2026

Resolved

XXX

Compliance

Charges That Cannot Increase Test

This loan failed the charges that cannot increase test. (12 CFR §XXX(e)(XXX)(i) he loan contains charges that exceed the good faith determination according to §XXX(e)(XXX)(i) ne or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX lease see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures n estimated closing cost disclosed pursuant to §XXX(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §XXX(e)(XXX)(i). TILA 130b Cure Required. Refund in the amount of $XXX: cure package requires a PCCD, LOE, Copy of Refund Check, and proof of delivery. The exception is tied to the missing Initial LE issued within XXX business days of the XXX of XX/XX/XXXX per XXX report as the earliest available LE is dated XXX/XXX/XXX. Please provide the initial LE issued within XXX business days of the XXX of XXX/XXX/XXX. Additional testing will be completed once the initial LE is provided. Also provide the written list of service providers for accurate testing.

;

04/08/2026

Lender confirmed XXX; exception resolved; Lender confirmed XXX; exception resolved; This loan failed the charges that cannot increase test. (12 CFR §XXX(e)(XXX)(i) he loan contains charges that exceed the good faith determination according to §XXX(e)(XXX)(i) ne or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX lease see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures n estimated closing cost disclosed pursuant to §XXX(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §XXX(e)(XXX)(i).

04/08/2026

Borrower has stable job time - Borrower has XXX years on job. | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

C

A

C

A

A

A

A

A

C

A

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010275

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

QM: Higher Priced APOR (APOR HP)

Loan Review Complete

03/31/2026

Resolved

XXX

Compliance

Initial Closing Disclosure Delivery Date Test

This loan failed the initial closing disclosure delivery date test due to one of the following findings:(12 CFR §XXX(f)(XXX)(ii) he initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:"USPS First Class Mail" or "Electronic Delivery" or blank, and the initial closing disclosure delivery date is less than six 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 initial 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; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt 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 transactionThe creditor shall ensure that the consumer receives the disclosures required under paragraph §XXX(f)(XXX)(i) no later than three business days before consummation. Documentation required to clear exception: The initial CD is missing from the loan file. The earliest CD in the file is dated XX/XX/XXXX and signed at consummation. The violation can be cured by providing the initial CD as well as evidence showing that is was received by the consumer XXX business days prior to consummation on XXX/XXX/XXX.

;

04/08/2026

Initial CD receipt date provided; exception resolved; Initial CD receipt date provided; exception resolved

04/08/2026

Borrower has stable job time - Borrower has XXX years on job. | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

C

A

C

A

A

A

A

A

C

A

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010275

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

QM: Higher Priced APOR (APOR HP)

Loan Review Complete

03/31/2026

Resolved

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational

04/01/2026

Borrower has stable job time - Borrower has XXX years on job. | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

C

A

A

A

A

A

A

A

C

A

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010275

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

QM: Higher Priced APOR (APOR HP)

Loan Review Complete

04/01/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

04/01/2026

Borrower has stable job time - Borrower has XXX years on job. | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

C

A

A

A

A

A

A

A

C

A

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010277

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

03/31/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

04/02/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010277

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/02/2026

Resolved

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational

04/02/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010277

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/02/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

04/02/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010279

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/02/2026

Resolved

XXX

Credit

Missing Business Entity Formation Document

Subject is vested in an entity. XXX guidelines require a Certificate of Good Standing which was not found in the file.

; ;

04/07/2026

Client provided SOS of XXX and Effect letter for XXX. LM Updated.

04/07/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010279

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/01/2026

Resolved

XXX

Credit

Income and Employment Do Not Meet Guidelines

Income and Employment Do Not Meet Guidelines Per DSCR guidelines, loan is ineligible due to XXX other income being disclosed on the final XXX

; ;

04/07/2026

Income and Employment Meet Guidelines; Updated URLA with no other income provided. ; Client provided Full Force and Effect letter from XXX. However, XXX Product Description XX/XX/XXXX Borrower Eligibility - Ineligible - Employment income disclosed on the application. Loan is ineligible due to XXX other income being disclosed on the final XXX

04/07/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

C

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010279

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/01/2026

Resolved

XXX

Credit

Title Document is Partially Present

Title Document is incomplete or only partially present. Loan file is missing CPL and as per final CD, the borrower was charged a fee for the CPL.

; ;

04/07/2026

Title Document is fully Present.; CPL provided

04/07/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010279

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/01/2026

Resolved

XXX

Credit

Hazard Insurance Policy is Partial

Hazard Insurance Policy Partially Provided Mortgagee loss payee endorsement is missing XXX verbiage.

; revised dec page XXX with the XXX verbiage added --XXX XXXXX;

04/07/2026

Hazard Insurance Policy is fully present; Client provided HOI policy reflecting XXX ISAOA/XXX. LM Updated.; Client re-uploaded HOI policy reflecting XXX ISAOA. However, Mortgagee loss payee endorsement is missing XXX verbiage.

04/07/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010279

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/01/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

04/02/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010279

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/02/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

04/02/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010281

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/01/2026

Acknowledged

XXX

Credit

Audited Reserves are less than Guideline Required Reserves (Dollar Amount)

Audited Reserves of XXX are less than Guideline Required Reserves of $XXX. XXX guidelines require XXX months of reserves when escrow account has been waived. Assets verified in file include XXX #XXX XXX #XXX and EMD of XXX No additional assets were listed on the XXX or found in file.

04/02/2026

Client provided Exception for XXX month reserve requirement for waiving escrows. Exception Details: XXX month reserve requirement for waiving escrows.

04/10/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

C

B

C

B

C

B

A

A

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

4000010281

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/01/2026

Acknowledged

XXX

Credit

Audited Reserves are less than Guideline Required Reserves (Number of Months)

Audited Reserves of XX/XX/XXXX month(s) are less than Guideline Required Reserves of XXX month(s) XXX guidelines require XXX months of reserves when escrow account has been waived. Assets verified in file include XXX #XXX XXX #XXX and EMD of XXX No additional assets were listed on the XXX or found in file.

04/02/2026

Client provided Exception for XXX month reserve requirement for waiving escrows. Exception Details: XXX month reserve requirement for waiving escrows.

04/10/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

C

B

C

B

C

B

A

A

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

4000010281

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/01/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

04/02/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

C

B

A

A

C

B

A

A

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

4000010281

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/01/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

04/02/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

C

B

A

A

C

B

A

A

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

4000010283

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

04/02/2026

Resolved

XXX

Property

Third Party Valuation Product Not Provided within XXX% Tolerance

Third Party Valuation Product Not Provided or Not Provided Within Tolerance. The FNMA UCDP CU score in file is XX/XX/XXXX which requires a Desk Review Appraisal be provided which is not in file.

; Per XXX XXXXX, XXX, XXX will accept the FHLMC SSR on this finding. ; ; ;

04/07/2026

Third party valuation product provided within tolerance.; Client provided XXX SSR. LM Updated.; Third Party Valuation Product Not Provided or Not Provided Within Tolerance. LXXX score of XXX; Third party valuation product provided within tolerance.; Client provided XXX SSR. LM Updated.

08/07/2026

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time - Borrower has XXX years on job. | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

C

A

D

A

C

A

A

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010283

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

04/02/2026

Resolved

XXX

Credit

Application Profile Missing

The Co-Borrower has been qualified using XXX months Business Bank Statement Income. XXX Alt Doc GLs dated XXX(Sect XXX) require a Business Narrative. The Business Narrative in file is in the form of letter of explanation from the borrower which is acceptable; however, the letter provided does not address all of the required key components including number of employees and number of physical locations.

04/03/2026

Client provided Business Narrative. LM Updated.; Client provided Company Overview and Blank Business Narrative for Bank statement documentation. However, the Company Overview is missing Business Location(s) & Associated Rent or Mortgage, Number of Employees (Full & Part Time)/ XXXs, Commercial or Retail client base, Does business involve sales of goods or just services, If goods, please estimate cost of goods and types of goods, Materials/Trucks/Equipment. ; XXX Non Agency Underwriting Standards dated XX/XX/XXXX Section XX/XX/XXXX Bank Statement Requirements - Either PHH’s Business Narrative, similar form or a letter of explanation from the Borrower must be provided that explains the operating profile of the business including the following: o Description of how the business operates, advertises and generates revenue o Business structure (sole proprietorship, general XXXship, limited XXXship, corporation, or S-corporation) o Whether their business requires any heavy equipment/materials/vehicles o Number of physical locations (office/plant/storefront) o Number of employees/XXXs (excluding the borrower) o Website (if applicable).

04/10/2026

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time - Borrower has XXX years on job. | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

C

A

A

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

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A

A

A

A

A

A

4000010283

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

04/02/2026

Resolved

XXX

Credit

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

The borrowers are retaining their previous primary residence as an investment property. The PITI for that property has been confirmed with a recent mortgage statement. However, there is no verification regarding HOA dues that might be owed.

04/03/2026

Client provided XXX Property Search reflecting XXX XXX with No HOA dues and Mortgage statement. LM Updated.

04/06/2026

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time - Borrower has XXX years on job. | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

C

A

A

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

A

A

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A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010283

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

04/02/2026

Resolved

XXX

Credit

Missing Letter of Explanation (Credit)

There are XXX credit inquiries in last XXX days. No LOX in file as required by XXX GLs, Sect XXX. There is a corrupted LOX in file, but Audit UTD if it applies to inquiries.

;

04/03/2026

Client provided LOE for inquiries and XXX payments. LM Updated.

04/06/2026

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time - Borrower has XXX years on job. | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

C

A

A

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

A

A

A

A

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A

A

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A

A

A

A

A

A

A

A

A

A

A

A

4000010283

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

04/03/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

04/03/2026

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time - Borrower has XXX years on job. | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

A

A

D

A

C

A

A

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010285

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

04/03/2026

Resolved

XXX

Credit

The Final XXX is Incomplete

The Final XXX is Incomplete. The final XXX reflects asset depletion income of XXX The file contains XXX different 1008s, one reflects income of XXX and DTI of XXX%. The other reflects income of XXX and a DTI of XXX% and this XXX matches the lender's income calculator, as well as one of the Clear to Close reports. As a result, Audit is using the XXX with the XXX% DTI. The revised final XXX reflecting the correct income of XXX is required.

; ;

04/09/2026

Client provided Updated XXX LM Updated.; The Final XXX is Present

04/09/2026

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

A

A

B

A

D

D

A

B

D

D

A

B

D

D

A

B

D

D

A

B

D

D

A

B

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010285

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

04/03/2026

Resolved

XXX

Compliance

Missing Required Affiliated Business Disclosure

Required Affiliated Business Disclosure Missing.

;

04/09/2026

Required Affiliated Business Disclosure Documentation Provided.

04/09/2026

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

B

A

D

A

A

A

B

A

D

D

A

B

D

D

A

B

D

D

A

B

D

D

A

B

D

D

A

B

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010285

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

04/02/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

04/03/2026

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

A

A

D

A

A

A

B

A

D

D

A

B

D

D

A

B

D

D

A

B

D

D

A

B

D

D

A

B

A

A

A

A

A

A

A

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A

A

A

A

A

A

A

A

A

A

A

4000010287

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/02/2026

Resolved

XXX

Credit

Approval/Underwriting Summary Partially Provided

Approval/Underwriting Summary Partially Provided. Missing lenders conditional approval (open findings/conditions are acceptable) or Final Approval.

;

04/08/2026

Approval/Underwriting Summary is fully present; Client provided Conditional Approval. LM Updated.

04/08/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

B

A

B

A

B

A

A

A

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

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B

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A

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A

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A

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A

A

A

A

A

A

A

A

A

A

A

A

4000010287

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/02/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

04/06/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

B

A

A

A

B

A

A

A

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

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B

B

A

A

A

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A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010287

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/03/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

04/06/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

B

A

A

A

B

A

A

A

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

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A

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A

A

A

A

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A

A

A

A

A

A

A

A

A

A

A

A

A

4000010289

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/02/2026

Resolved

XXX

Credit

Approval/Underwriting Summary Partially Provided

Approval/Underwriting Summary Partially Provided. Missing lenders conditional approval (open findings/conditions are acceptable) or Final Approval.

;

04/08/2026

Approval/Underwriting Summary is fully present; Client provided Underwriting Conditional Approval. LM Updated.

04/08/2026

Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

B

A

B

A

B

A

A

A

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010289

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/02/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

04/06/2026

Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

B

A

A

A

B

A

A

A

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

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B

B

A

A

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A

A

A

A

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A

A

A

A

A

A

A

A

A

A

A

A

A

4000010289

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/03/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

04/06/2026

Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

B

A

A

A

B

A

A

A

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010291

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

04/03/2026

Resolved

XXX

Compliance

TRID: Missing Loan Estimate

The initial and/or any revised Loan Estimate is missing. As a result, a full review for compliance with timing and tolerance requirements could not be performed. The defect can be cured by providing the initial and any revised Loan Estimates that were issued to the consumer.

04/06/2026

LEs provided; exception resolved

04/14/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

D

A

D

A

D

A

A

A

D

A

D

D

A

D

D

D

A

D

D

D

A

D

D

D

A

D

D

D

A

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010291

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

04/02/2026

Resolved

XXX

Compliance

Evidence of Appraisal Delivery to Borrower not Provided or Late (12 CFR  XXX(a)(XXX))

The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR XXX(a)(XXX)). Documentation required to clear exception: Evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date is required, but missing from the file. If borrower waived the XXX day timing requirement, provide an executed appraisal waiver and evidence the appraisal was received the day of close.

04/06/2026

Evidence of appraisal delivery provided.

04/14/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

D

A

B

A

D

A

A

A

D

A

D

D

A

D

D

D

A

D

D

D

A

D

D

D

A

D

D

D

A

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010291

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

04/02/2026

Resolved

XXX

Compliance

eSigned Documents Consent is Missing

The eSigned consent disclosure is missing. Documentation required. 1st e-signed document in the file is dated XXX/XXX/XXX, however missing proof of e-consent dated XX/XX/XXXX or before.

04/06/2026

Evidence of eConsent is provided.

04/14/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

D

A

B

A

D

A

A

A

D

A

D

D

A

D

D

D

A

D

D

D

A

D

D

D

A

D

D

D

A

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010291

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

04/02/2026

Resolved

XXX

Compliance

Homeownership Counseling Disclosure Is Missing

Homeownership Counseling Disclosure Is Missing Documentation required to clear exception: Provide homeownership counseling disclosure that was provided to the consumer within XXX-business days of application,XXX.

04/06/2026

Homeownership Counseling Disclosure Is Present or XXX

04/14/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

D

A

B

A

D

A

A

A

D

A

D

D

A

D

D

D

A

D

D

D

A

D

D

D

A

D

D

D

A

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010291

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

04/02/2026

Resolved

XXX

Compliance

Intent to Proceed is Missing

The intent to proceed is missing. Please provide either a signed intent to proceed document or provide the date the borrower gave the lender/broker their intent to proceed

04/06/2026

Proof of Intent to Proceed has been provided.

04/14/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

D

A

B

A

D

A

A

A

D

A

D

D

A

D

D

D

A

D

D

D

A

D

D

D

A

D

D

D

A

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010291

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

04/03/2026

Resolved

XXX

Compliance

Missing Required Affiliated Business Disclosure

Required Affiliated Business Disclosure Missing. Documentation required to clear exception: Please provide proof that the Affiliated Business Disclosure was provided prior to closing or provide confirmation that the lender has no affiliates.

04/06/2026

Required Affiliated Business Disclosure Documentation Provided.

04/14/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

D

A

B

A

D

A

A

A

D

A

D

D

A

D

D

D

A

D

D

D

A

D

D

D

A

D

D

D

A

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010291

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

04/06/2026

Resolved

XXX

Credit

Title Document is Partially Present

Title Document is incomplete or only partially present. The Closing Disclosure reflects a charge to the borrower for a Closing Protection Letter (CPL) but the CPL is not in the file.

04/06/2026

Title Document is fully Present.; Client provided Closing Protection Letter. LM Updated.

04/14/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

D

A

D

A

D

A

A

A

D

A

D

D

A

D

D

D

A

D

D

D

A

D

D

D

A

D

D

D

A

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010291

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

04/06/2026

Resolved

XXX

Credit

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

Missing verification of hazard premium and HOA (if applicable) for REO at XXX XXX.

The premium is on page two. Please look again; ; ; Document Uploaded. ;

04/09/2026

Located the HOI Policy that had page XXX it was saved under Credit Docs On other properties owned. The document named HOI only had page XXX twice. The property expenses for the commercial property located at XXX XXX have been updated and included in DTI. Exception Resolved.; The copies provided is XXX copies of page XXX of XXX Page XXX was not provided.; Received duplicate HOI Policy but again, it does not reflect the Premium. Borrower is responsible for this expense on this property, this expense is required to be included within the DTI calc. Therefore, we need a copy of the Policy that reflects how much borrower is responsible for on annual or monthly bases, if there is no HOA. Need policy for property XXX XXX. that reflects the amount borrower pays on annual or monthly bases, the copies provided do not reflect this information.; Client provided Evidence of Commercial Property Insurance. However, it does not reflect Annual or Monthly Premiums.; Client provided LoopNet Property search reflecting XXX XXX as a Commercial Property without HOA. Still need hazard premium for XXX XXX.

04/09/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

D

A

D

A

D

A

A

A

D

A

D

D

A

D

D

D

A

D

D

D

A

D

D

D

A

D

D

D

A

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010291

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

04/02/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

04/06/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

D

A

A

A

D

A

A

A

D

A

D

D

A

D

D

D

A

D

D

D

A

D

D

D

A

D

D

D

A

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010293

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/03/2026

Resolved

XXX

Property

External Obsolescence Present

External obsolescence present. External obsolescence noted as the Subject is located on a busy road. As per market analysis, location adjustments were made at XXX% of the sales price.

; Per XXX XXXXX, we are comfortable with accepting this item. Appraiser made appropriate adjustments to comps for external obsolescence noted. ;

04/08/2026

External obsolescence meets guidelines.; Client states: Per XXX XXXXX, we are comfortable with accepting this item. Appraiser made appropriate adjustments to comps for external obsolescence noted. LM Updated.

04/08/2026

Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

B

A

B

A

A

A

B

A

A

A

B

A

B

A

B

A

B

A

B

A

B

A

B

A

B

A

B

A

B

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010293

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/03/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

04/06/2026

Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

B

A

A

A

A

A

B

A

A

A

B

A

B

A

B

A

B

A

B

A

B

A

B

A

B

A

B

A

B

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010293

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/06/2026

Resolved

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational

04/06/2026

Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

B

A

A

A

A

A

B

A

A

A

B

A

B

A

B

A

B

A

B

A

B

A

B

A

B

A

B

A

B

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010295

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

04/07/2026

Resolved

XXX

Compliance

Missing Required Affiliated Business Disclosure

Required Affiliated Business Disclosure Missing. Documentation required to clear exception: Please provide proof that the Affiliated Business Disclosure was provided prior to closing or provide confirmation that the lender has no affiliates.

;

04/09/2026

; Required Affiliated Business Disclosure Documentation Provided.

05/01/2026

Borrower has stable job time - Borrower has XXX years on job.

D

A

B

A

D

A

A

A

B

A

D

D

A

B

D

D

A

B

D

D

A

B

D

D

A

B

D

D

A

B

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010295

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

04/07/2026

Resolved

XXX

Credit

Missing Business Entity Formation Document

XXX guidelines require third-party verification that the borrower's business is in good standings. The CPA letter in file does not comment on standing and there are no additional documents in file to verify.

;

04/07/2026

Client provided Pennsylvania Department of State reflecting XXX. as Active as of XXX/XXX/XXX. LM Updated.

04/10/2026

Borrower has stable job time - Borrower has XXX years on job.

D

A

D

A

D

A

A

A

B

A

D

D

A

B

D

D

A

B

D

D

A

B

D

D

A

B

D

D

A

B

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010295

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

04/07/2026

Resolved

XXX

Credit

Income and Employment Do Not Meet Guidelines

Income and Employment Do Not Meet Guidelines XXX guidelines require bank statement income to be calculated based on either a fixed expense ratio of XXX% or a 3rd-party expense statement. The borrower was qualified using an XXX% expense ratio, but a 3rd-party expense statement was not provided.

04/07/2026

Exception Resolved. Expense ratio is higher than XXX% Only obtaining a 3rd Party Expense Statement if the Expense Factor used to qualify is Under XXX% Email from XXX also confirming.

04/09/2026

Borrower has stable job time - Borrower has XXX years on job.

D

A

C

A

D

A

A

A

B

A

D

D

A

B

D

D

A

B

D

D

A

B

D

D

A

B

D

D

A

B

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010295

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

04/06/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

04/07/2026

Borrower has stable job time - Borrower has XXX years on job.

D

A

A

A

D

A

A

A

B

A

D

D

A

B

D

D

A

B

D

D

A

B

D

D

A

B

D

D

A

B

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010297

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/07/2026

Resolved

XXX

Credit

Hazard Insurance Policy is Partial

Hazard Insurance Policy Partially Provided The mortgagee clause is missing the required XXX verbiage.

;

04/08/2026

Hazard Insurance Policy is fully present; Client provided Policy reflecting XXX ISAOA/XXX. LM Updated.

04/08/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010297

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/07/2026

Resolved

XXX

Credit

Approval/Underwriting Summary Partially Provided

Approval/Underwriting Summary Partially Provided. Missing lenders conditional approval (open findings/conditions are acceptable) or Final Approval.

;

04/08/2026

Approval/Underwriting Summary is fully present; Client provided Underwriting Conditional Approval. LM Updated.

04/08/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

D

A

B

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010297

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/07/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

04/07/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010297

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/07/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

04/07/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010299

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/07/2026

Resolved

XXX

Credit

Approval/Underwriting Summary Partially Provided

Approval/Underwriting Summary Partially Provided. Missing lenders conditional approval (open findings/conditions are acceptable) or Final Approval.

04/08/2026

Approval/Underwriting Summary is fully present; Client provided Mortgage Commitment from XXX. LM Updated.

04/10/2026

Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

B

A

B

A

B

A

A

A

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010299

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/08/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

04/08/2026

Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

B

A

A

A

B

A

A

A

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010299

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/08/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

04/08/2026

Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

B

A

A

A

B

A

A

A

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010301

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/07/2026

Resolved

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational

04/08/2026

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010301

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/07/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

04/08/2026

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010301

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/08/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

04/08/2026

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010303

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/09/2026

Resolved

XXX

Credit

Asset XXX Does Not Meet Guideline Requirements

Asset Record XXX Does Not Meet G/L Requirements. XXX guidelines follow FNMA regarding asset verification. FNMA requires XXX months bank statements on purchase transactions. The file contains only a XXX month statement (XXX/XXX/XXX) for XXX #XXX.

uploaded bnk stmnts and cert --XXX XXXXX;

04/14/2026

Asset Record XXX Meets G/L Requirements; Client provided additional bank statement for both accounts. LM Updated.

04/16/2026

C

A

C

A

C

A

A

A

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010303

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/09/2026

Resolved

XXX

Credit

Asset XXX Does Not Meet Guideline Requirements

Asset Record XXX Does Not Meet G/L Requirements. XXX guidelines follow FNMA regarding asset verification. FNMA requires XXX months bank statements on purchase transactions. The file contains only a XXX month statement (XXX/XXX/XXX) for XXX #XXX.

uploaded bnk stmnts and cert --XXX XXXXX;

04/14/2026

Asset Record XXX Meets G/L Requirements Or XXX.; Client provided additional bank statement for both accounts. LM Updated.

04/16/2026

C

A

C

A

C

A

A

A

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010303

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/08/2026

Resolved

XXX

Credit

Approval/Underwriting Summary Partially Provided

Approval/Underwriting Summary Partially Provided. Missing lenders conditional approval (open findings/conditions are acceptable) or Final Approval.

uploaded final approval --XXX XXXXX;

04/10/2026

Approval/Underwriting Summary is fully present; Client provided XXX Mortgage Commitment. LM Updated.

04/13/2026

C

A

B

A

C

A

A

A

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010303

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/08/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

04/09/2026

C

A

A

A

C

A

A

A

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010303

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/09/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

04/09/2026

C

A

A

A

C

A

A

A

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010305

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/08/2026

Resolved

XXX

Credit

Approval/Underwriting Summary Partially Provided

Approval/Underwriting Summary Partially Provided. Missing lenders conditional approval (open findings/conditions are acceptable) or Final Approval.

04/10/2026

Approval/Underwriting Summary is fully present; Client provided Underwriting Conditional Approval. LM Updated.

04/13/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

B

A

B

A

B

A

A

A

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010305

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/08/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

04/09/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

B

A

A

A

B

A

A

A

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010307

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/09/2026

Resolved

XXX

Credit

Approval/Underwriting Summary Partially Provided

Approval/Underwriting Summary Partially Provided. Missing lenders conditional approval (open findings/conditions are acceptable) or Final Approval.

uploaded lender final approval --XXX XXXXX;

04/14/2026

Approval/Underwriting Summary is fully present; Client provided XXX Mortgage Commitment. LM Updated.

04/16/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

B

A

B

A

B

A

B

A

A

A

B

B

B

A

B

B

B

A

B

B

B

A

B

B

B

A

B

B

B

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010307

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/08/2026

Resolved

XXX

Property

External Obsolescence Present

External obsolescence present. Per appraiser, property located on a busy road. The location has an adverse effect on the value and marketability of property.

uploaded appraisal revision --XXX XXXXX;

04/14/2026

External obsolescence meets guidelines.; Client provided Updated Appraisal with Appraiser comments: As stated on Page XXX the subject fronts a busy road with heavier traffic flow/noise and the subject's location is adverse and this may have an adverse effect on value / marketability, however the location did not have an adverse effect on value / marketability at this time as market data did not indicate adjustments for location differences. Comparables #XXX, XXX & XXX were also located on busy streets similar to the subject. LM Updated.

04/16/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

B

A

B

A

B

A

B

A

A

A

B

B

B

A

B

B

B

A

B

B

B

A

B

B

B

A

B

B

B

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010307

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/10/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

04/13/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

B

A

A

A

B

A

B

A

A

A

B

B

B

A

B

B

B

A

B

B

B

A

B

B

B

A

B

B

B

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010309

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/09/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

04/13/2026

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010309

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/10/2026

Resolved

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational

04/13/2026

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010309

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/10/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

04/13/2026

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010311

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/09/2026

Resolved

XXX

Credit

Condo Rider is Missing

Condo Rider is Missing Loan file is missing the mortgage and all riders.

04/13/2026

; The Condo Rider is Present; Lender provided the signed Condo Rider.; Client provided Executed Deed of Trust. Still need Condo Rider.

08/07/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010311

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/09/2026

Resolved

XXX

Credit

XX/XX/XXXX Family Rider is Missing

XX/XX/XXXX Family Rider is Missing. Loan file is missing the mortgage and all riders.

04/13/2026

; The XX/XX/XXXX Family Rider is Present; Lender provided the signed XX/XX/XXXX family rider. ; Client provided Executed Deed of Trust. Still need XX/XX/XXXX Family Rider.

08/07/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010311

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/09/2026

Resolved

XXX

Credit

The Deed of Trust is Missing

The Deed of Trust is Missing The Deed of Trust for the subject transaction is missing from the loan file.

04/13/2026

; The Deed of Trust is Present; The Deed of Trust is Present; Client provided Executed Deed of Trust. LM Updated.

08/07/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010311

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/13/2026

Resolved

XXX

Credit

The Final XXX is Missing

The Final XXX is Missing. The final XXX for the subject transaction is missing from the loan file.

04/13/2026

The Final XXX is Present; Client provided Executed Final XXX dated XXX/XXX/XXX. LM Updated.

05/07/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010311

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/16/2026

Resolved

XXX

Credit

Missing Business Entity Formation Document

Missing the Executed Operating Agreement for XXX, XXX Series XXX

04/16/2026

Client provided Executed Operating Agreement for XXX Series XXX LM Updated.

04/24/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010311

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/10/2026

Resolved

XXX

Credit

Personal Guaranty Agreement Incomplete

Personal Guaranty Incomplete. The Personal Guaranty in file is unexecuted.

04/13/2026

Lender provided the signed Personal Guaranty.

04/21/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010311

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/09/2026

Resolved

XXX

Credit

The Note is Missing

The Note is Missing. The Note for the subject transaction is missing from the loan file.

04/13/2026

The Note is Present.; Client provided Executed Note. LM Updated.

04/16/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010311

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/10/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

04/13/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010313

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/14/2026

Resolved

XXX

Credit

Personal Guaranty Agreement Incomplete

Personal Guaranty Incomplete. The Personal Guaranty in file is unexecuted.

04/14/2026

Personal Guaranty provided.

05/12/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%

D

A

D

A

D

A

C

A

A

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010313

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/14/2026

Resolved

XXX

Credit

Missing Business Entity Formation Document

Subject loan is vested in the name of the borrower's entity. XXX guidelines section XX/XX/XXXX require LLC formation documents and all amendments, and the tax identification number EIN). The file contains the Operating Agreement, Certificate of Good Standing and a Certificate of Designation. The EIN are required.

; ;

04/17/2026

Client provided EIN for Series XXX Articles of Amendment establishing LLC Series and Cert of Designation for Series XXX.; Audit reviewed the lender's response. the EIN are required. Please provide the EIN. Condition retained. ; Subject loan is vested in the name of the borrower's entity. XXX guidelines section XX/XX/XXXX require LLC formation documents and all amendments, and the tax identification number EIN). The file contains the Operating Agreement, Certificate of Good Standing and a Certificate of Designation. The EIN are required.

05/12/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%

D

A

D

A

D

A

C

A

A

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010313

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/12/2026

Resolved

XXX

Property

Condo Approval Missing

Condo Approval Missing. Condo approval for the subject project is missing.

04/14/2026

Condo Approval is provided.; Client provided Condo Warranty and Underwriting Certificate and Certification Eligibility Questions/ Condo Cert. LM Updated.; Lender provided the Condo. Approval. Condition cleared. ; Condo Approval is provided.

05/11/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%

D

A

B

A

D

A

C

A

A

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010313

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/14/2026

Resolved

XXX

Credit

XX/XX/XXXX Family Rider is Missing

XX/XX/XXXX Family Rider is Missing. Loan file is missing the mortgage and all riders.

04/14/2026

The XX/XX/XXXX Family Rider is Present; Lender provided the signed XX/XX/XXXX family rider. ; Missing the XX/XX/XXXX Family Rider and all other riders. Exception remains.

05/11/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%

D

A

D

A

D

A

C

A

A

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010313

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/14/2026

Resolved

XXX

Credit

Condo Rider is Missing

Condo Rider is Missing Loan file is missing the mortgage and all riders.

04/14/2026

The Condo Rider is Present; Lender provided the signed Condo Rider. ; Missing the Condo Rider and all other riders. Exception remains.

05/11/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%

D

A

D

A

D

A

C

A

A

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010313

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/14/2026

Resolved

XXX

Property

Property Issue(s) are Present

One or more issues or defects with the property have been discovered. The lender's loan approval condition #XXX requires recertification, engineering, inspection reports, reserve study or substantially similar documents that show property condition, OR XXX months of current and consecutive HOA meeting minutes and a list of repairs completed in XXX and planned for XXX Current operating budget is also required.

The issue with the property has been resolved.; Lender provided the Condo Warranty and Underwriting Certificate. Condition cleared.

05/11/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%

D

A

C

A

D

A

C

A

A

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010313

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/14/2026

Resolved

XXX

Credit

Title Document is Partially Present

Title Document is incomplete or only partially present. The title commitment does not reflect the insured. In addition, the Closing Protection Letter (CPL) is required as the settlement statement reflects a CPL fee.

04/14/2026

Client provided Title Commitment and CPL (XXX).; Title Document is fully Present.

04/30/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%

D

A

D

A

D

A

C

A

A

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010313

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/12/2026

Resolved

XXX

Credit

The Deed of Trust is Missing

The Deed of Trust is Missing The Deed of Trust for the subject transaction is missing from the loan file.

04/14/2026

The Deed of Trust is Present; Documentation is sufficient. Deed of Trust provided. Exception resolved.; The Deed of Trust is Present

04/21/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%

D

A

D

A

D

A

C

A

A

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010313

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/17/2026

Resolved

XXX

Credit

The Deed of Trust is Incomplete

The Deed of Trust is Incomplete Missing the XX/XX/XXXX Family Rider, Condo Rider and the Fixed Interest Rate Rider. Exception remains.

04/17/2026

The Deed of Trust is Present and Complete

04/21/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%

D

A

D

A

D

A

C

A

A

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010313

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/13/2026

Resolved

XXX

Credit

The Final XXX is Missing

The Final XXX is Missing. The final XXX for the subject transaction is missing from the loan file.

04/14/2026

Documentation is sufficient. XXX provided. Exception resolved.; The Final XXX is Present

04/17/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%

D

A

D

A

D

A

C

A

A

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010313

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/13/2026

Resolved

XXX

Credit

The Note is Missing

The Note is Missing. The Note for the subject transaction is missing from the loan file.

04/14/2026

The Note is Present.

04/16/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%

D

A

D

A

D

A

C

A

A

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010313

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/13/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

04/14/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%

D

A

A

A

D

A

C

A

A

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010315

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/14/2026

Resolved

XXX

Credit

Excessive Seller Contributions

The final Closing Disclosure (CD) reflects a seller credit of XXX on page XXX In addition, page XXX of the CD reflects additional closing costs of XXX paid by the seller (the fees are not common & customary for seller to pay) in Sections A & B. XXX paid by the seller are XXX and this amount matches the purchase contract. However, the XXX are only XXX resulting in an IPC overage of $XXX.

04/14/2026

Client states: These two amounts add up to the agreed XXX in seller contributions, nothing additional was applied beyond that. The Split: To stay within XXX High Cost/ Points and Fees threshold, a portion of the fees were moved to the Seller-Paid column, with the remaining balance applied as a lump sum credit. As for the remaining closing costs: Closing costs paid at closing totaled XXX The borrower also prepaid the appraisal fee of XXX (POC), as reflected on Page XXX of the CD. A portion of the remaining seller credit XXX was applied toward that prepaid appraisal, which is what accounts for the perceived overage when comparing the lump sum credit to the closing costs paid at closing ($XXX + XXX = $XXX).

04/21/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

C

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010315

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/12/2026

Resolved

XXX

Credit

Business Purpose Affidavit/Disclosure Missing

Business Purpose Affidavit/Disclosure Missing. XXX guidelines require all DSCR loans to have an executed Business Purpose and Occupancy Affidavit in the file.

04/14/2026

Lender provided the signed business purpose affidavit. Condition cleared. ; Business Purpose Affidavit/Disclosure Provided

04/16/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010315

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/13/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

04/14/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010315

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/13/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

04/14/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010317

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/17/2026

Resolved

XXX

Credit

The Final XXX is Incomplete

The Final XXX is Incomplete. Lender's Clear to Close approval condition #XXX requires a revised final XXX removing the rental income on XXX XXX and the expected monthly rental income for the subject under section 4C. The final XXX provided still reflects this information. A revised final XXX is required.

04/20/2026

The Final XXX is Present; Documentation is sufficient. Updated XXX provided. Exception resolved.; The Final XXX is Present

04/22/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

B

D

A

D

B

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

4000010317

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/17/2026

Acknowledged

XXX

Credit

Missing explanation and supporting documentation for large deposit(s)

Lender's loan approval condition #XXX requires verification of large deposit of XXX into XXX #XXX on XXX/XXX/XXX. The deposit description on the bank statement indicates that it is from XXX. The file contains a XXX account statement that shows activity of XXX (after XXX% tax, amount would be $XXX). This may be the source of the large deposit; however, additional documentation is required. Lender to provide documentation from XXX that reflects the date of the transaction and for an amount that matches the deposit on the bank statement.

Team - Per XXX XXXXX, we are acknowledging this finding and are accepting the documentation that is in the file. Thank you ;

04/21/2026

Lender -acknowledging this finding and are accepting the documentation that is in the file. Downgraded to level XXX/B.

04/21/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

B

D

B

D

B

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

4000010317

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/16/2026

Resolved

XXX

Credit

Missing Business Entity Formation Document

File is missing the Certificate of Good Standing. The Operating Agreement is blurry and is is not executed or an official copy. In addition, it does not indicate the ownership percentage for the borrower. Guidelines require a XXX% minimum ownership percentage. The EIN document provided is only the application for the EIN and does not reflect the EIN.

;

04/20/2026

Documentation is sufficient. EIN, Operating Agreement, Articles of Incorporation provided. Exception resolved.

04/21/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

B

D

A

D

B

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

4000010317

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/17/2026

Resolved

XXX

Credit

Fraud Report Shows Uncleared Alerts

Fraud Report Shows Uncleared Alerts The fraud report dated XX/XX/XXXX shows an uncleared high alert for "Potential Conflict of Interest - Two or more parties have similar names on the loan." XXX XX/XX/XXXX guidelines section XX/XX/XXXX require all red flags and inconsistencies to be resolved and the supporting documentation clearing the deficiencies to be provided.

04/20/2026

Documentation is sufficient. High Alert cleared, Fraud Report provided. Exception resolved.; All Fraud Report Alerts have been cleared or None Exist

04/21/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

B

C

A

D

B

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

4000010317

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/16/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

04/17/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

B

A

A

D

B

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

4000010317

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/16/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

04/17/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

B

A

A

D

B

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

4000010319

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/16/2026

Resolved

XXX

Credit

Approval/Underwriting Summary Partially Provided

Approval/Underwriting Summary Partially Provided. Missing lenders conditional approval (open findings/conditions are acceptable) or Final Approval.

04/20/2026

Documentation is sufficient. Lender Approval provided. Exception resolved.; Approval/Underwriting Summary is fully present

04/21/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

B

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010319

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/16/2026

Resolved

XXX

Credit

Hazard Insurance Policy is Partial

Hazard Insurance Policy Partially Provided The hazard policy mortgagee clause is missing the XXX verbiage.

04/20/2026

Documentation is sufficient. Updated policy provided. Exception resolved.; Hazard Insurance Policy is fully present

04/21/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010319

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/16/2026

Resolved

XXX

Credit

Title Document is Partially Present

Title Document is incomplete or only partially present. The final Closing Disclosure (CD) reflects a charge for a Closing Protection Letter (CPL) but the CPL is not in the file.

04/20/2026

Documentation is sufficient. Closing Protection letter provided. Exception resolved.; Title Document is fully Present.

04/21/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010319

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/16/2026

Resolved

XXX

Credit

Missing Business Entity Formation Document

XXX guidelines dated XX/XX/XXXX section XX/XX/XXXX require a Certificate of Good Standing when the subject is vested in the name of an entity. Provide the Certificate of Good Standing for XXX.

04/20/2026

Documentation is sufficient. Entity Status provided, and is active in good standing. Exception resolved.

04/21/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010319

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/16/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

04/17/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010319

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/16/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

04/17/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010321

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/21/2026

Resolved

XXX

Property

Property Issue(s) are Present

One or more issues or defects with the property have been discovered. The appraisal reflects zoning classification of "General Business District", not residential. XXX guidelines dated XXX, section XXX, indicates that properties with commercial zoned classifications are ineligible.

Clarification on area where subject property is located. The county confirmed that though the zoning is C-XXX, standalone multi-family housing or conversions to residential is allowed. Apartments are allowed as well. Single family residential is not allowed in this zoning - per appraiser --XXX XXXXX;

05/27/2026

The issue with the property has been resolved.; Client provided Updated Appraisal reflecting Appraiser comments: Clarification on area where subject property is located. The county confirmed that though the zoning is C-XXX, standalone multi-family housing or conversions to residential is allowed. Apartments are allowed as well. Single family residential is not allowed in this zoning. LM Updated.

05/27/2026

Borrower has stable job time - Borrower has XXX years on job.

D

A

C

A

D

A

C

A

C

A

D

D

C

C

D

D

C

C

D

D

C

C

D

D

C

C

D

D

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010321

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/21/2026

Resolved

XXX

Credit

Missing Business Entity Formation Document

XXX guidelines dated XXX, section XX/XX/XXXX require business documentation (when vested in a business) to be official documents issued by a CPA, the State, or the IRS. Fillable PDF's or emails from the borrower are not sufficient. The Operating Agreement provided is only signed by the borrower (no witness), and does not appear to be an official copy issued by the State. An official copy is required to meet guidelines.

04/22/2026

Client provided Articles of Organization endorsed by State of XXX Department of Financial Institutions and State of XXX Department of Financial Institutions search reflecting Restored to Good Standing. LM Updated.

05/27/2026

Borrower has stable job time - Borrower has XXX years on job.

D

A

D

A

D

A

C

A

C

A

D

D

C

C

D

D

C

C

D

D

C

C

D

D

C

C

D

D

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010321

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/21/2026

Resolved

XXX

Compliance

Loan Originator NMLS is Not Valid

The loan originator, XXX XXXXX #XXX, is not licensed in the state of XXX.

04/22/2026

Documentation received regarding NMLS. Exception resolved.

05/05/2026

Borrower has stable job time - Borrower has XXX years on job.

D

A

C

A

D

A

C

A

C

A

D

D

C

C

D

D

C

C

D

D

C

C

D

D

C

C

D

D

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010321

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/20/2026

Resolved

XXX

Credit

Approval/Underwriting Summary Partially Provided

Approval/Underwriting Summary Partially Provided. Missing lenders conditional approval (open findings/conditions are acceptable) or Final Approval.

04/22/2026

Approval/Underwriting Summary is fully present; Client provided Underwriting Conditional Approval for XXX. LM Updated.

04/29/2026

Borrower has stable job time - Borrower has XXX years on job.

D

A

B

A

D

A

C

A

C

A

D

D

C

C

D

D

C

C

D

D

C

C

D

D

C

C

D

D

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010323

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/20/2026

Resolved

XXX

Credit

Approval/Underwriting Summary Partially Provided

Approval/Underwriting Summary Partially Provided. Missing lenders conditional approval (open findings/conditions are acceptable) or Final Approval.

04/22/2026

Approval/Underwriting Summary is fully present; Client provided Underwriting Conditional Approval. LM Updated.

04/23/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

D

A

B

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010323

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/21/2026

Resolved

XXX

Credit

Hazard Insurance Policy is Partial

Hazard Insurance Policy Partially Provided The mortgagee clause does not reflect the XXX verbiage. An updated policy with the ISAOA/XXX verbiage is required.

04/22/2026

Hazard Insurance Policy is fully present; Client provided an updated policy with the XXX verbiage. LM Updated.

04/23/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010323

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/21/2026

Resolved

XXX

Credit

Missing Lease Agreement

The appraisal indicates XXX of the subject's XXX units have an actual rent of XXX per month (4th unit rent is $XXX). Of those XXX units, there are XXX leases (units #XXX & #XXX) that reflect rent of XXX The lease for the 3rd unit (#XXX) reflects total rent of XXX ($XXX tenant + XXX PHA) as of XX/XX/XXXX (all leases are M-M). The lender only used rent of XXX for this unit (total rents per DSCR worksheet is XXX = XXX + XXX + XXX + $XXX). Documentation of the XXX rent is required.

04/22/2026

Client provided DSCR Calculation and LOE stating: I was using XXX for XXX XXX. which increased to XXX Here is the correct gross rent for each unit. The total gross rent should be XXX Please see XXX updated DSCR calculator XXX XXX XXX XXX XXX XXX XXX and XXX XXX XXX LM Updated.

04/23/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010323

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/20/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

04/21/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010323

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/20/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

04/21/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010325

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/20/2026

Resolved

XXX

Credit

Personal Guaranty Agreement Incomplete

Personal Guaranty Incomplete. For a loan in the name of an entity, the personal guaranty needs to be notarized and the notary page is not in file.

04/22/2026

Personal Guaranty provided.; Client provided Executed and Notarized Guaranty Agreement. LM Updated.

04/28/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010325

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/20/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

04/21/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010325

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/20/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

04/21/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010327

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/21/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

04/22/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010327

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/22/2026

Resolved

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational

04/22/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010327

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/22/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

04/22/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010329

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/22/2026

Resolved

XXX

Credit

Personal Guaranty Agreement Incomplete

Personal Guaranty Incomplete. Personal guaranty in file is not notarized.

04/23/2026

Personal Guaranty provided.

05/07/2026

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%

D

A

D

A

D

A

C

A

A

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010329

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/22/2026

Resolved

XXX

Property

Property Issue(s) are Present

One or more issues or defects with the property have been discovered. Appraiser to clarify, page XXX of appraisal indicates Unit XXX is XXX square feet and Appraisal sketch shows XXX square feet. Page XXX of appraisal indicates Unit XXX is XXX square feet and Appraisal sketch shows XXX square feet. Page XXX of appraisal indicates Unit XXX has XXX bedrooms and XXX square feet and Appraisal sketch shows XXX bedroom and XXX square feet. Page XXX of appraisal indicates Unit XXX has XXX bedroom and is XXX square feet and Appraisal sketch shows XXX bedrooms and XXX square feet. Page XXX of the appraisal lists the following: Unit XXX as XXX bedroom with XXX square feet, Unit XXX as XXX bedrooms with XXX square feet, Unit XXX as XXX bedrooms with XXX square feet, unit XXX as XXX bedroom with XXX square feet. Please correct the inconsistences between bedrooms and square footage per unit number between page XXX page XXX and appraisal sketch.

04/23/2026

The issue with the property has been resolved.; Client provided Updated Appraisal reflecting corrected Unit Bedroom count and Square feet, FNMA SSR and XXX SSR. LM Updated.

04/28/2026

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%

D

A

C

A

D

A

C

A

A

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010329

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/22/2026

Resolved

XXX

Credit

Missing Business Entity Formation Document

Missing required Spousal Consent Form for XXX borrower XXX XXXXX. XXX is a community property state. Guidelines require a Spousal Consent to Pledge for personal guaranties from community property states.

;

04/23/2026

Client provided email from XXX stating: The borrower’s borrowed in their LLC, so a sole and separate was not required. Thank you!

04/28/2026

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%

D

A

D

A

D

A

C

A

A

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010329

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/22/2026

Resolved

XXX

Credit

Approval/Underwriting Summary Partially Provided

Approval/Underwriting Summary Partially Provided. XXX and Conditional or Final Lender Approval required. XXX is provided. Missing lenders conditional approval (open findings/conditions are acceptable) or Final Approval.

04/23/2026

Approval/Underwriting Summary is fully present; Client provided XXX. Underwriting Disposition. LM Updated.

04/24/2026

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%

D

A

B

A

D

A

C

A

A

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010329

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/22/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

04/22/2026

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%

D

A

A

A

D

A

C

A

A

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010331

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/21/2026

Resolved

XXX

Credit

Missing Business Entity Formation Document

Business funds were used for CTC and reserves, which is permitted; However, in order to use business funds, documentation showing borrower has at least XXX% ownership in the business is required. File contains only a business organizations inquiry showing borrower as the registered agent. XXX guidelines dated XX/XX/XXXX section XX/XX/XXXX requires an operating agreement, CPA letter, or equivalent to verify the ownership percentage.

04/23/2026

Documentation provided is sufficient. Exception resolved.

04/30/2026

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010331

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/22/2026

Resolved

XXX

Credit

Missing Verification of Subject Property Taxes, Insurance, HOA or Other Payments

Subject is new construction. The file contains a tax cert reflecting unimproved taxes of XXX or XXX per month. The XXX reflects taxes of XXX or XXX per month. There is an email in the file from title to the lender indicating that they cannot provide an estimate, and that lenders usually use the sales price XXX multiplied by the tax rate on the cert (.XXX). Using this calculation, the taxes would be XXX which is significantly higher than what the lender used. Verification of how the lender calculated the taxes of XXX per month is required. DSCR is subject to recalculation, upon receipt.

Document Uploaded. ;

04/24/2026

Lender provided recalculation to use new construction tax rate to qualify the DSCR. Although the new worksheet reflected XXX in rent, utilizing the market rents as originally qualified and higher taxes as on worksheet, DSCR remained within guidelines. Condition cleared.; Subject is new construction. The file contains a tax cert reflecting unimproved taxes of XXX or XXX per month. The XXX reflects taxes of XXX or XXX per month. There is an email in the file from title to the lender indicating that they cannot provide an estimate, and that lenders usually use the sales price XXX multiplied by the tax rate on the cert (.XXX). Using this calculation, the taxes would be XXX which is significantly higher than what the lender used. Verification of how the lender calculated the taxes of XXX per month is required. DSCR is subject to recalculation, upon receipt.

04/27/2026

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010331

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/21/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

04/22/2026

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010331

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/22/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

04/22/2026

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010333

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/23/2026

Resolved

XXX

Credit

The Deed of Trust is Incomplete

Missing exhibit A- legal description.

04/24/2026

; Legal Description XXX to recorded mortgage. The Deed of Trust is Present and Complete. Condition cleared.; The Deed of Trust is Present and Complete Missing exhibit A- legal description.

08/07/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

B

D

A

D

A

C

B

A

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

B

A

B

A

B

A

B

A

B

A

B

A

B

A

B

A

B

A

B

A

4000010333

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/23/2026

Resolved

XXX

Credit

Approval/Underwriting Summary Partially Provided

Approval/Underwriting Summary Partially Provided. XXX and Lender Approval are required. Missing Lender's Conditional Approval (can have open conditions) or Final Approval.

; Document Uploaded.

04/24/2026

Approval/Underwriting Summary is provided.; Approval/Underwriting Summary is fully present; Client provided Conditional Approval. LM Updated.

08/07/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

B

B

A

D

A

C

B

A

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

B

A

B

A

B

A

B

A

B

A

B

A

B

A

B

A

B

A

B

A

4000010333

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/23/2026

Acknowledged

XXX

Property

Third Party Valuation Product Not Provided within XXX% Tolerance

Third Party Valuation Product Not Provided or Not Provided Within Tolerance. Loan file is missing the required third party desk review for when the XXX score is over XX/XX/XXXX (shows at XXX).

04/24/2026

Received lender approved exception accepting the CU score of XXX which exceeds the maximum of XXX as the FHLMC LXXX score reflects a rating of XXX. The lender also identified the following compensating factors to justify the lender approved exception; Low LTV XXX/XXX, FICO XXX DSCR XXX months total reserves and excellent mortgage history since XXX Condition downgraded to a level XXX/B.; Subject loan is being securitized and the CU score is XXX. Please provide a valid Third Party Valuation product that supports the origination value within XXX% Thank you.

07/01/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

B

C

B

D

A

C

B

A

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

B

A

B

A

B

A

B

A

B

A

B

A

B

A

B

A

B

A

B

A

4000010333

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/23/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

04/23/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

B

A

A

D

A

C

B

A

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

B

A

B

A

B

A

B

A

B

A

B

A

B

A

B

A

B

A

B

A

4000010335

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/22/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

04/23/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010335

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/23/2026

Resolved

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational

04/23/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010335

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/23/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

04/23/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010337

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/24/2026

Resolved

XXX

Credit

Purchase Contract is Incomplete

Loan Purpose is Purchase but Purchase Contract Doc is Incomplete The purchase contract reflects a sales price of XXX but the final settlement statement reflects a sales price of XXX An addendum to the purchase contract reflecting the final sales price of XXX is required.

; ;

05/07/2026

Documentation is sufficient. Addendum provided. Exception resolved.; Purchase Contract Doc is complete.

05/08/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

B

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010337

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/24/2026

Resolved

XXX

Credit

Missing Lease Agreement

The appraisal indicates that the subject is tenant occupied but that a lease agreement was not provided for review. XXX DSCR guidelines dated XX/XX/XXXX indicates that a copy of the lease agreement is required for a long-term rental when the subject has a current tenant who will continue to occupy the property. A copy of the lease agreement is required as Audit is unable to determine if the current tenant will continue to occupy the subject after closing. DSCR subject to recalculation, upon receipt.

Document Uploaded. ; This is a purchase and we use market rents. In addition the appraisal reflects the actual rent for each unit is XXX x2 (each unit) and the market rent is also XXX We will not be obtaining a lease agreement on a purchase. --XXX XXXXX; XXX buys to XXX's guidelines, no lease is required --XXX XXXXX;

05/07/2026

Documentation is sufficient. Market rents used for calculations. Exception resolved.; A copy of the lease agreement is required as Audit is unable to determine if the current tenant will continue to occupy the subject after closing. DSCR subject to recalculation, upon receipt.

05/08/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010337

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/23/2026

Resolved

XXX

Credit

Asset XXX Does Not Meet Guideline Requirements

Asset Record XXX Does Not Meet G/L Requirements. Asset #XXX (XXX #XXX) is a business account. XXX guidelines dated XX/XX/XXXX allow use of business funds for down payment, closing costs and reserves when the borrower is at least XXX% owner of the business. Lender must provide the operating agreement or a CPA letter (or equivalent) to verify the borrower's ownership percentage.

see guidelines XX/XX/XXXX business assets --XXX XXXXX;

05/07/2026

CPA letter provided showing XXX% ownership of XXX. Condition cleared. ; Asset Record XXX Meets G/L Requirements Or XXX.

05/07/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

C

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010337

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/23/2026

Resolved

XXX

Credit

Asset XXX Does Not Meet Guideline Requirements

Asset Record XXX Does Not Meet G/L Requirements. Asset #XXX (XXX #XXX) is a business account. XXX guidelines dated XX/XX/XXXX allow use of business funds for down payment, closing costs and reserves when the borrower is at least XXX% owner of the business. Lender must provide the operating agreement or a CPA letter (or equivalent) to verify the borrower's ownership percentage.

also please refer to guidelines thank you! --XXX XXXXX;

05/07/2026

CPA letter provided showing XXX% ownership of XXX. Condition cleared. ; Asset Record XXX Meets G/L Requirements

05/07/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

C

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010337

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/23/2026

Resolved

XXX

Credit

Approval/Underwriting Summary Partially Provided

Approval/Underwriting Summary Partially Provided. Missing lenders conditional approval (open findings/conditions are acceptable) or Final Approval.

04/27/2026

Approval/Underwriting Summary Provided.

05/07/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

B

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010337

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/23/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

04/24/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010339

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/24/2026

Resolved

XXX

Credit

Approval/Underwriting Summary Partially Provided

Approval/Underwriting Summary Partially Provided. Missing lenders conditional approval (open findings/conditions are acceptable) or Final Approval.

; Document Uploaded. This is a non-delegated file. We underwrote the file for the lender. ;

04/28/2026

Approval/Underwriting Summary is fully present; Client provided XXX Underwriting conditions. The subject loan is a Correspondent transaction. LM Updated.; Only XXX uploaded. Please provide the Lender's loan approval from XXX DBA XXX (only XXX's approval in file). Thank you.

04/29/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

C

A

B

A

C

A

A

A

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010339

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/24/2026

Resolved

XXX

Credit

Loan does not conform to program guidelines

The subject property is XXX units. Both units are tenant occupied with month-to-month leases in place, but the lease agreements were not provided. Per the worksheet in the file, the lender used the short-term rental income calculation to calculate the DSCR. However, the lender did not provide a short-term Comparable Rent Schedule or an AirDNA Rental Analysis. In addition, the property is ineligible as a short-term rental as the XXX DSCR guidelines dated XX/XX/XXXX only allow for a XXX-unit property. Therefore, the long-term rental income calculation is required to be used, and copies of the lease agreements are required. DSCR subject to recalculation, upon receipt.

04/24/2026

Client provided Lease Agreements for the subject property. LM Updated.

04/28/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

C

A

C

A

C

A

A

A

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010339

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/24/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

04/24/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

C

A

A

A

C

A

A

A

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010339

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/24/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

04/24/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

C

A

A

A

C

A

A

A

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010341

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

QM: Safe Harbor APOR (APOR SH)

Loan Review Complete

04/27/2026

Resolved

XXX

Credit

Missing Lease Agreement

The lender used monthly rent of XXX to calculate the rental income of XXX for REO at XXX XXX. The lender obtained the rent from the Form XXX which is not allowed per the FNMA Selling Guide. Property detail shows the property was purchased by the borrower XXX/XXX/XXX, so it is not on the XXX Schedule E that is in the file. Form XXX indicates that the property was owner occupied at that time. However, a copy of the current lease agreement (reflecting the borrower as the landlord) should have been provided. Provide a copy of the current lease agreement reflecting monthly rent of at least XXX DTI may be recalculated, pending receipt of lease.

Lease agreement effective from XXX/XXX/XXX. Considered XXX market rent as a conservative approach. XXX are lease agreement, verification of security deposit and first-month's rent check. --XXX XXXXX;

04/29/2026

; Documentation provided is sufficient. Exception resolved.

08/07/2026

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time - Borrower has XXX years on job.

D

A

D

A

D

A

A

A

B

A

D

D

A

B

D

D

A

B

D

D

A

B

D

D

A

B

D

D

A

B

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010341

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

QM: Safe Harbor APOR (APOR SH)

Loan Review Complete

04/24/2026

Resolved

XXX

Credit

Missing Verification of Subject Property Taxes, Insurance, HOA or Other Payments

The final XXX reflects TIA of $XXX. Audit calculated taxes of XXX and HOA of XXX for a total of $XXX. The difference of XXX was not documented and the source could not be determined. Documentation to support the additional payment of XXX is required.

; Can you please clarify the address that you are requesting? The dollar amount of XXX is for the rental property located at XXX XXX, Hollywood, FL, but the finding states "kindly provide a breadksown of the HOI calculations and the subject property address." Our UW's comments were pertaining to the rental at XXX XXX, since the PITIA showing is XXX as listed in the finding. --XXX XXXXX; Underwriter Rebuttal Comment: The finding is regarding the investment property located at XXX XXX. Taxes XXX HOA of XXX & HOI - XXX (Considered XXX% of AV $XXX/XXX = $XXXp/m to be more conservative) as LOE from borrower in file states no homeowner's insurance at this time. *Will this UW explanation warrant signing off this finding? --XXX XXXXX;

07/27/2026

Client provided calculation for HOI on REO at XXX XXX. - HOI - XXX (Considered XXX% of AV $XXX/XXX = $XXXp/m to be more conservative) as LOE from borrower in file states no homeowner's insurance at this time. This explanation is sufficient and more conservative.; Kindly provide a breakdown of the HOI calculations and the subject property address. Please include a reference to the borrower's Letter of Explanation (LOE) and note the conservative methodology applied to the document. Exception remains.;

07/27/2026

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time - Borrower has XXX years on job.

D

A

D

A

D

A

A

A

B

A

D

D

A

B

D

D

A

B

D

D

A

B

D

D

A

B

D

D

A

B

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010341

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

QM: Safe Harbor APOR (APOR SH)

Loan Review Complete

04/24/2026

Resolved

XXX

Compliance

Missing Required Affiliated Business Disclosure

Required Affiliated Business Disclosure Missing. Documentation required to clear exception: Please provide proof that the Affiliated Business Disclosure was provided prior to closing or provide confirmation that the lender has no affiliates.

04/28/2026

Required Affiliated Business Disclosure Documentation Provided.

05/01/2026

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time - Borrower has XXX years on job.

D

A

B

A

D

A

A

A

B

A

D

D

A

B

D

D

A

B

D

D

A

B

D

D

A

B

D

D

A

B

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010341

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

QM: Safe Harbor APOR (APOR SH)

Loan Review Complete

04/27/2026

Resolved

XXX

Credit

Purchase Contract is Incomplete

Loan Purpose is Purchase but Purchase Contract Doc is Incomplete The Comprehensive Rider to the purchase contract is illegible. In addition, the final Closing Disclosure reflects a XXX seller credit that is not reflected on the purchase contract. A legible copy of the rider, and an addendum reflecting the XXX seller credit, are required.

Legible copy uploaded with file. See pg XXX (Addendum to Contract) and pg XXX (pg XXX of sale contract) of uploaded PDF. Both reflect seller to credit XXX towards title related expenses. Can this finding be waived since it was submitted with the package? --XXX XXXXX;

04/29/2026

Documentation provided is sufficient. A legible copy of the requested document has been provided and exception is resolved.; Purchase Contract Doc is complete.

04/30/2026

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time - Borrower has XXX years on job.

D

A

B

A

D

A

A

A

B

A

D

D

A

B

D

D

A

B

D

D

A

B

D

D

A

B

D

D

A

B

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010341

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

QM: Safe Harbor APOR (APOR SH)

Loan Review Complete

04/27/2026

Resolved

XXX

Credit

Hazard Insurance Policy is Partial

Hazard Insurance Policy Partially Provided The mortgagee clause on the policy does not reflect the required XXX verbiage.

04/28/2026

Documentation provided is sufficient. Exception resolved.; Hazard Insurance Policy is fully present

04/30/2026

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time - Borrower has XXX years on job.

D

A

D

A

D

A

A

A

B

A

D

D

A

B

D

D

A

B

D

D

A

B

D

D

A

B

D

D

A

B

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010341

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

QM: Safe Harbor APOR (APOR SH)

Loan Review Complete

04/24/2026

Resolved

XXX

Credit

Approval/Underwriting Summary Partially Provided

Approval/Underwriting Summary Partially Provided. Missing lenders conditional approval (open findings/conditions are acceptable) or Final Approval.

04/28/2026

Documentation provided is sufficient. Exception resolved.; Approval/Underwriting Summary is fully present

04/30/2026

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time - Borrower has XXX years on job.

D

A

B

A

D

A

A

A

B

A

D

D

A

B

D

D

A

B

D

D

A

B

D

D

A

B

D

D

A

B

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010341

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

QM: Safe Harbor APOR (APOR SH)

Loan Review Complete

04/24/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

04/27/2026

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time - Borrower has XXX years on job.

D

A

A

A

D

A

A

A

B

A

D

D

A

B

D

D

A

B

D

D

A

B

D

D

A

B

D

D

A

B

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010343

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/27/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

04/29/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010343

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/28/2026

Resolved

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational

04/29/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010343

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/28/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

04/29/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010345

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/29/2026

Resolved

XXX

Credit

Missing Business Entity Formation Document

DSCR loan with vesting in an entity. XXX guidelines dated XX/XX/XXXX section XX/XX/XXXX require verification of the Employer Identification Number (EIN). This documentation was not provided in the file.

;

05/01/2026

Borrowing entity EIN provided.

05/06/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010345

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/30/2026

Resolved

XXX

Credit

Missing Personal Guaranty

Personal Guaranty provided.

05/06/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010345

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/29/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

04/30/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010345

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/29/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

04/30/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010347

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

04/30/2026

Resolved

XXX

Credit

Fraud Report Shows Uncleared Alerts

Fraud Report Shows Uncleared Alerts The fraud report in file dated XX/XX/XXXX reflects uncleared high alerts. XXX guidelines dated XX/XX/XXXX section XX/XX/XXXX requires all red flags and inconsistencies to be resolved. The supporting documentation to clear the deficiencies is present in the file; however, a revised report showing alerts have been cleared is required.

Document Uploaded. ;

05/01/2026

All Fraud Report Alerts have been cleared or None Exist; Client provided updated Fraud Report reflecting High Alert Cleared. LM Updated.; The comments on the XXX Fraud Report states "Outstanding" and not Cleared. Please provide an updated Fraud Report to show the High Alert condition as Cleared.

05/05/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time - Borrower has XXX years on job.

C

A

C

A

C

A

A

A

B

A

C

C

A

B

C

C

A

B

C

C

A

B

C

C

A

B

C

C

A

B

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010347

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

04/29/2026

Resolved

XXX

Compliance

Missing Required Affiliated Business Disclosure

Required Affiliated Business Disclosure Missing. Documentation required to clear exception: Please provide proof that the Affiliated Business Disclosure was provided prior to closing or provide confirmation that the lender has no affiliates.

05/01/2026

Required Affiliated Business Disclosure Documentation Provided.

05/04/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time - Borrower has XXX years on job.

C

A

B

A

C

A

A

A

B

A

C

C

A

B

C

C

A

B

C

C

A

B

C

C

A

B

C

C

A

B

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010347

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

04/30/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

04/30/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time - Borrower has XXX years on job.

C

A

A

A

C

A

A

A

B

A

C

C

A

B

C

C

A

B

C

C

A

B

C

C

A

B

C

C

A

B

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010349

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/01/2026

Resolved

XXX

Property

Property Issue(s) are Present

One or more issues or defects with the property have been discovered. Appraiser to comment on the comparable sales chosen: Comparable XXX is from July XXX Comparable XXX is from August XXX and is over XXX miles from subject and greater than XXX% of subject's GLA, Comparable XXX is from September XXX and over XX/XX/XXXX miles from subject (net adjustment is XXX% and gross is XXX%), comparable XXX is from October XXX (possibly within XXX months) however it is over a mile away and greater than XXX% smaller than subject GLA. One of the listings chosen is a XXX unit property that is not even XXX% of the subject's GLA and has XXX% net and gross adjustments. All of these are outside the standard requirements for comparable sales and there are no comments regarding this. Appraiser to clarify also, picture that says master bath only has a toilet in the picture and bath #XXX appears to be a full bathroom, only XXX unit has XXX bathrooms and XXX is a XX/XX/XXXX bath, is this the XX/XX/XXXX bath? Please correct picture labels if so.

Uploaded the correct updated appraisal report for your review. --XXX XXXXX; Updated Appraisal report and SSR's are uploaded --XXX XXXXX;

05/06/2026

The issue with the property has been resolved.; Client provided Updated Comment Addendum to the Appraisal with the comments: While there are XXX closed sales of XX/XX/XXXX unit properties to Chose from in the XXX months before the effective date of the appraisal only XXX of them were XXX units and of the XXX listings to choose from only XXX was a XXX unit property. So all XXX unit properties available to use as comparable all five XXX unit properties were used as comparables. XXX unit properites are believed to be the most relevent properties to use as comparable so time and distance needed to be disregarded in order to appraise the Subject. This appraisal is the exact reason that the guidelines were dropped by FNMA years ago. If I had held fast to these discarded guidelines it would have weakended the appraisal by trying to shoehorn properties into the report that might have complied, It should aslo be noted there were no other sales or listings available to use as comparables Comps XXX and XXX are XXX unit properties but were chosen to use as comparables as I wanted to use more than XXX listing comparable so I could use either XXX or XXX unit properties since there were not anymore XXX unit listings to use and wanted use a property that was smaller in GBA than the Subject and the XXX unit properites were not just superior in unit number but superior in GBA and bed and bath count as well. Comp XXX while inferior in bed and bath count was also inferior in GBA as well. The Master bath is a half bath and is also the laundry room with only a toilet and sink. The picture of Bath XXX a picture of a full bath. Unit A is a XXX bed XX/XX/XXXX bath unit. ; SSR's were provided, however, we are missing the updated appraisal.

05/07/2026

Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

C

A

C

A

A

A

C

A

A

A

C

A

C

A

C

A

C

A

C

A

C

A

C

A

C

A

C

A

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010349

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/30/2026

Resolved

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational

05/01/2026

Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

C

A

A

A

A

A

C

A

A

A

C

A

C

A

C

A

C

A

C

A

C

A

C

A

C

A

C

A

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010349

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/30/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

05/01/2026

Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

C

A

A

A

A

A

C

A

A

A

C

A

C

A

C

A

C

A

C

A

C

A

C

A

C

A

C

A

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010351

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/30/2026

Resolved

XXX

Credit

Property Title Issue

Property Title Issue Borrower executed Deed of Trust as XXX of, XXX XXX. Schedule B, Part I of the Title Commitment states a Deed of Trust from XXX XXXXX and borrower, XXX XXX, is to be executed and delivered. A Title Commitment and documentation granting, XXX XXX, ownership of subject property is required.

05/01/2026

; Property Title Issue Resolved; Client provided Quit Claim Deed reflecting Borrowers Quit Claiming to XXX XXX, A XXX Limited Liability Company. LM Updated.

07/16/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time - Borrower has XXX years on job.

D

B

C

A

D

A

C

B

A

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

B

A

B

A

B

A

B

A

B

A

B

A

B

A

B

A

B

A

B

A

4000010351

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/30/2026

Resolved

XXX

Credit

The Deed of Trust is Incomplete

The Deed of Trust is Incomplete The required XX/XX/XXXX Family Rider is missing from the loan file.

05/01/2026

; Lender provided the signed XX/XX/XXXX Family Rider. Condition cleared. ; The Deed of Trust is Present and Complete

06/12/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time - Borrower has XXX years on job.

D

B

D

A

D

A

C

B

A

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

B

A

B

A

B

A

B

A

B

A

B

A

B

A

B

A

B

A

B

A

4000010351

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/30/2026

Resolved

XXX

Credit

Missing Business Entity Formation Document

Required signatures are missing from the XXX XXX Operating Agreement. ; -The required PHH Entity Review Checklist is missing from the loan file. ; -The required LLC XXX executed by all XXXs is missing from the loan file.

; Please remove the requirement to have a checklist. We don't require this in our packages. Thank you.

05/01/2026

Client provided Executed Management Operating Agreement, Executed Articles of Organization and Certificate of Good Standing. LM Updated.

05/06/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time - Borrower has XXX years on job.

D

B

D

A

D

A

C

B

A

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

B

A

B

A

B

A

B

A

B

A

B

A

B

A

B

A

B

A

B

A

4000010351

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/01/2026

Resolved

XXX

Credit

The Note is Incomplete

The Note is Incomplete - Missing page XXX of the subject Note.

05/01/2026

Lender provided the complete note. Condition cleared. ; The Note is Present

05/05/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time - Borrower has XXX years on job.

D

B

D

A

D

A

C

B

A

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

B

A

B

A

B

A

B

A

B

A

B

A

B

A

B

A

B

A

B

A

4000010351

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/30/2026

Acknowledged

XXX

Property

Property Issue(s) are Present

One or more issues or defects with the property have been discovered. Appraiser to clarify, comments indicate the kitchen in basement is a full kitchen. Picture does not appear to show a stove, but unable to tell due to the angle. Appraiser to clarify, if the kitchen includes a stove. If it does include a stove, appraiser to clarify if the kitchen is permitted and whether each basement bedroom has a compliant egress window or an exterior door (appears to be windows in pictures, but cannot tell if they are compliant). Appraiser to clarify, the comment for comparables that also had a full kitchen says "Comparables #XXX and #XXX both also contained". Appraiser to clarify if only XXX property had the basement kitchen, or if the second XXX is supposed to be another number.

Waived per XXX XXXXX XXX/XXX; Waived per XXX XXXXX XXX/XXX; Waived per XXX XXXXX XXX/XXX; Waived per XXX XXXXX XXX/XXX; XXX XXXXX, XXX, is asking you acknowledge this finding. XXX accepts this property as - is.;

05/01/2026

Per Client - XXX XXXXX, XXX, is asking you acknowledge this finding. XXX accepts this property as - is.

05/04/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time - Borrower has XXX years on job.

D

B

C

B

D

A

C

B

A

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

B

A

B

A

B

A

B

A

B

A

B

A

B

A

B

A

B

A

B

A

4000010351

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

04/30/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

04/30/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time - Borrower has XXX years on job.

D

B

A

A

D

A

C

B

A

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

D

D

C

A

B

A

B

A

B

A

B

A

B

A

B

A

B

A

B

A

B

A

B

A

4000010353

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

QM: Safe Harbor APOR (APOR SH)

Loan Review Complete

05/01/2026

Resolved

XXX

Credit

Borrower XXX Gap Credit Report is Missing

Borrower XXX Gap Credit Report is Missing. XXX guidelines dated XX/XX/XXXX section XX/XX/XXXX require a credit refresh/gap report or undisclosed debt notification report within XXX days of the Note date. There is no credit refresh/gap report or debt monitoring report in the file.

05/04/2026

Borrower XXX Gap Credit Report is not missing.; Lender uploaded Equifax Alert Report.

05/05/2026

Borrower has stable job time - Borrower has XXX years on job. | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010353

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

QM: Safe Harbor APOR (APOR SH)

Loan Review Complete

05/01/2026

Resolved

XXX

Credit

The Deed of Trust is Incomplete

The Deed of Trust is Incomplete The Deed of Trust in file does not have the Exhibit A legal description XXX. A complete copy of the Deed of Trust is required.

05/04/2026

Documentation is sufficient. Exhibit A provided. Exception resolved.; The Deed of Trust is Present and Complete

05/05/2026

Borrower has stable job time - Borrower has XXX years on job. | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010353

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

QM: Safe Harbor APOR (APOR SH)

Loan Review Complete

04/30/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

05/01/2026

Borrower has stable job time - Borrower has XXX years on job. | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010353

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

QM: Safe Harbor APOR (APOR SH)

Loan Review Complete

05/01/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

05/01/2026

Borrower has stable job time - Borrower has XXX years on job. | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010355

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

QM: Safe Harbor APOR (APOR SH)

Loan Review Complete

05/01/2026

Resolved

XXX

Credit

Borrower XXX Gap Credit Report is Incomplete

Borrower XXX Gap Credit Report is Partially Present. Gap report to be dated XXX days to note date but is dated XXX days.

05/04/2026

Documentation provided is sufficient. Exception resolved.; Borrower XXX Gap Credit Report is not partially present.

05/14/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010355

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

QM: Safe Harbor APOR (APOR SH)

Loan Review Complete

05/01/2026

Resolved

XXX

Credit

Missing VOM or VOR

Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Missing Verification of Mortgage or Verification of Rent for the past XXX months to verify housing history. It appears for last XXX months borrower is living rent free (would still need the XXX months prior to current residence as VOR). For rent free, guidelines require a rent free letter, verification that borrower is not obligated on the note for the current residence and we would need to verify an additional XXX months of reserves and XXX% minimum borrower contribution.

05/04/2026

Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing

05/14/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010355

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

QM: Safe Harbor APOR (APOR SH)

Loan Review Complete

05/01/2026

Resolved

XXX

Credit

Approval/Underwriting Summary Partially Provided

Approval/Underwriting Summary Partially Provided. Missing lenders conditional approval (open findings/conditions are acceptable) or Final Approval. Missing XXX with correct interest rate. XXX provided has rate XXX% and note rate is XXX% so payment is incorrect and DTI is slightly different than audit figures.

05/04/2026

Documentation provided is sufficient. Exception resolved.; Approval/Underwriting Summary is fully present; Conditional approval received, however, the XXX uploaded still has an interest rate of XXX% vs Note being XXX%. Exception remains.

05/14/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

D

A

B

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010355

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

QM: Safe Harbor APOR (APOR SH)

Loan Review Complete

05/01/2026

Resolved

XXX

Credit

The Deed of Trust is Incomplete

The Deed of Trust is Incomplete Mortgage DOT exhibit A for legal description is missing. Deed of Trust indicates County of XXX; however, legal description on title indicates Lot XXX XXX. XXX At XXX, according to the official plat thereof on file and of record in the XXX Recorder's Office. Appraisal also indicates property is in XXX. Census geocoder indicates property is in XXX - county code XXX Please correct Deed of Trust to XXX and verify it was recorded in XXX Recorder's Office.

Please see XXX copy of the original recorded DOT containing the legal description indicating the property is located in XXX --XXX XXXXX;

05/07/2026

The Deed of Trust is Present and Complete; Client provided egal description that is Exhibit "A". LM Updated.; Client provided Recorded Affidavit stating: Deed of Trust recorded with the XXX recorder on XXX April XXX as entry number XXX:XXX, which contained a clerical error on page XXX stating the property was "located in the County of XXX." The property is located in XXX, as stated in the legal description that is Exhibit "A" of the Deed of Trust. The Deed of Trust is Incomplete Mortgage DOT exhibit A for legal description is missing.

05/08/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010355

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

QM: Safe Harbor APOR (APOR SH)

Loan Review Complete

04/29/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

05/01/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010355

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

QM: Safe Harbor APOR (APOR SH)

Loan Review Complete

05/01/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

05/01/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010357

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

04/30/2026

Cured

XXX

Compliance

Charges That Cannot Increase Test

TILA 130b Cure required. Refund in the amount of XXX cure requires a valid COC or a cure package with a post closing CD, letter of explanation, proof of refund, and proof of delivery. The file is missing a valid COC to support the following two fee increases: -The Appraisal fee increased from XXX to XXX on revised LE dated XXX/XXX/XXX. COC in file dated XX/XX/XXXX however the appraisal invoice and UCDP in file to verify lender receipt date of XXX/XXX/XXX. The redisclosed COC and LE do not meet XXX day timing requirements. -The Discount Points increased from XXX to XXX on the Final CD dated XXX/XXX/XXX, due to a loan amount increase without a valid COC in file. This loan failed the charges that cannot increase test. (12 CFR §XXX(e)(XXX)(i) he loan contains charges that exceed the good faith determination according to §XXX(e)(XXX)(i) ne or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX lease see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures n estimated closing cost disclosed pursuant to §XXX(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §XXX(e)(XXX)(i).

05/03/2026

Cure package provided to the borrower; exception downgraded to a XXX/B; Cure package provided to the borrower; exception downgraded to a XXX/B; Cure package is missing PCCD, provide to downgrade; documentation provide did not resolve the exception. The file is missing a valid COC to support the following two fee increases: -The Appraisal fee increased from XXX to XXX on revised LE dated XXX/XXX/XXX. COC in file dated XX/XX/XXXX however the appraisal invoice and UCDP in file to verify lender receipt date of XXX/XXX/XXX. The redisclosed COC and LE do not meet XXX day timing requirements. In addition the Discount Points increased from XXX to XXX on the Final CD dated XXX/XXX/XXX, which appear to be due to a loan amount increase, however no documentation in was in file to determine the date the borrower requested the loan amount

05/21/2026

Borrower has stable job time - Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%

D

B

C

B

D

A

A

A

C

B

D

D

A

C

D

D

A

C

D

D

A

C

D

D

A

C

D

D

A

C

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

4000010357

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

05/01/2026

Resolved

XXX

Credit

Income and Employment Do Not Meet Guidelines

Income and Employment Do Not Meet Guidelines Borrower is XXX and was qualified using bank statement income. XXX guidelines dated XX/XX/XXXX section XX/XX/XXXX requires a business narrative that explains the operating profile of the business. The document was not found in the file. In addition, XXX guidelines section XXX requires a 3rd party verification that the borrower's business is in good standing. File contains verification that the business is active, but no evidence of good standing.

; | Sent Request to Lender on XX/XX/XXXX for State of XXX Business Good Standing Verification ;

05/13/2026

Income and Employment Meet Guidelines; Client provided Certificate of Good Standing for XXX. LM Updated.; Sent Request to Lender on XX/XX/XXXX for State of XXX Business Good Standing Verification. ; Sent Request to Lender on XX/XX/XXXX for State of XXX Business Good Standing Verification.

05/14/2026

Borrower has stable job time - Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%

D

B

C

A

D

A

A

A

C

B

D

D

A

C

D

D

A

C

D

D

A

C

D

D

A

C

D

D

A

C

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

4000010357

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

04/30/2026

Resolved

XXX

Credit

Borrower XXX Gap Credit Report is Incomplete

Borrower XXX Gap Credit Report is Partially Present. XXX guidelines dated XX/XX/XXXX section XX/XX/XXXX requires a credit refresh/gap report or undisclosed debt notification report within XXX days of the Note date. There is no credit refresh/gap report, and the undisclosed debt notifications report in file is dated XXX/XXX/XXX, which is >XXX days prior to the Note date of XXX/XXX/XXX. A report dated within XXX days of the Note is required.

05/03/2026

Borrower XXX Gap Credit Report is not partially present.; Client provided Undisclosed Debt Notifications Report dated XXX/XXX/XXX. LM Updated.

05/06/2026

Borrower has stable job time - Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%

D

B

D

A

D

A

A

A

C

B

D

D

A

C

D

D

A

C

D

D

A

C

D

D

A

C

D

D

A

C

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

4000010357

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

04/30/2026

Resolved

XXX

Credit

Approval/Underwriting Summary Partially Provided

Approval/Underwriting Summary Partially Provided. Missing lenders conditional approval (open findings/conditions are acceptable) or Final Approval. The loan does contain multiple XXX approvals, but none of them reflect the correct loan amount of XXX

; Document Uploaded.

05/04/2026

Approval/Underwriting Summary is fully present; Client provided Clear to Close Underwriting Conditions reflecting Approved loan amount of XXX LM Updated.

05/04/2026

Borrower has stable job time - Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%

D

B

B

A

D

A

A

A

C

B

D

D

A

C

D

D

A

C

D

D

A

C

D

D

A

C

D

D

A

C

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

4000010357

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

04/30/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

05/01/2026

Borrower has stable job time - Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%

D

B

A

A

D

A

A

A

C

B

D

D

A

C

D

D

A

C

D

D

A

C

D

D

A

C

D

D

A

C

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

4000010359

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/04/2026

Resolved

XXX

Credit

Asset XXX Does Not Meet Guideline Requirements

Asset Record XXX Does Not Meet G/L Requirements. XXX guidelines dated XX/XX/XXXX section XX/XX/XXXX require full asset verification in accordance with FNMA guidelines. Subject is a purchase transaction which requires XXX months bank statements to verify available assets. The file contains only XXX month (XXX/XXX/XXX) for XXX XXX #XXX. The February account statement is required.

05/05/2026

Asset Record XXX Meets G/L Requirements; Client provided XXX XXX account #XXX statement for XXX/XXX/XXX. LM Updated.; Asset Record XXX Does Not Meet G/L Requirements.

05/07/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

C

A

C

A

C

A

A

A

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010359

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/04/2026

Resolved

XXX

Credit

Asset XXX Does Not Meet Guideline Requirements

Asset Record XXX Does Not Meet G/L Requirements. XXX guidelines dated XX/XX/XXXX section XX/XX/XXXX require full asset verification in accordance with FNMA guidelines. Subject is a purchase transaction which requires XXX months bank statements to verify available assets. The file contains only XXX month (XXX/XXX/XXX) for XXX XXX #XXX. The February account statement is required.

05/05/2026

Asset Record XXX Meets G/L Requirements Or XXX.; Client provided XXX XXX account #XXX statement for XXX/XXX/XXX. LM Updated.; Asset Record XXX Does Not Meet G/L Requirements.

05/07/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

C

A

C

A

C

A

A

A

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010359

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/04/2026

Resolved

XXX

Credit

Asset XXX Does Not Meet Guideline Requirements

Asset Record XXX Does Not Meet G/L Requirements. XXX guidelines dated XX/XX/XXXX section XX/XX/XXXX require full asset verification in accordance with FNMA guidelines. Subject is a purchase transaction which requires XXX months bank statements to verify available assets. The file contains only XXX month (XXX/XXX/XXX) for XXX XXX #XXX. The February account statement is required.

05/05/2026

Client provided XXX XXX account #XXX statement for XXX/XXX/XXX. LM Updated.; Asset Record XXX Meets G/L Requirements Or XXX

05/07/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

C

A

C

A

C

A

A

A

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010359

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/01/2026

Resolved

XXX

Credit

Approval/Underwriting Summary Partially Provided

Approval/Underwriting Summary Partially Provided. Missing lenders conditional approval (open findings/conditions are acceptable) or Final Approval.

05/05/2026

Approval/Underwriting Summary is fully present; Client provided XXX Mortgage Comment. LM Updated.; The Underwriting and Transmittal Summary is included in the loan file. Still Missing lenders conditional approval (open findings/conditions are acceptable) or Final Approval. Please provide.

05/07/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

C

A

B

A

C

A

A

A

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010359

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/01/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

05/04/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

C

A

A

A

C

A

A

A

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010359

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/04/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

05/04/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

C

A

A

A

C

A

A

A

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010361

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

05/01/2026

Resolved

XXX

Credit

Missing VOM or VOR

Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. XXX guidelines dated XX/XX/XXXX section XX/XX/XXXX require a XXX-month verification of housing payments. The file is missing a VOR to confirm the rental payment of XXX per month for the borrower's current primary residence at XXX XXX, XXX.

; per client, VOR does not apply to primary purchases - this is not an investment and borrower has not REOs financed. Refer to Non XXX product description: Credit/Payment history Requirements: A minimum of XXX credit scores are required No Significant Derogatory Credit Event allowed within the last XXX months (XXX, XXX, etc) Payment history requirements: XXX mortgage/rental history on the subject property and all financed REOs under the borrower's name ;

05/12/2026

Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing; Per the same quoted on XXX product description for Credit/Payment history Requirements also states: Refer to XXX Non-Agency Underwriting Standard for additional requirements. Per XXX guidelines dated XX/XX/XXXX and XXX section XX/XX/XXXX states: Minimum XXX months of housing payments required for all REO properties. Existing mortgage or rent payments must be current at the time of application and the month prior to closing. Please provide evidence of current rent payments for borrower's current rental residence.;

05/14/2026

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time - Borrower has XXX years on job.

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010361

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

05/04/2026

Resolved

XXX

Credit

Borrower XXX Gap Credit Report is Incomplete

Borrower XXX Gap Credit Report is Partially Present. XXX guidelines dated XX/XX/XXXX section XX/XX/XXXX require a credit refresh/gap report or undisclosed debt notification report within XXX days of the Note date. There is no credit refresh/gap report, and the undisclosed debt notifications report in file is dated XXX/XXX/XXX, which is >XXX days prior to the Note date of XXX/XXX/XXX. A report dated within XXX days of the Note is required.

05/05/2026

Documentation is sufficient. Undisclosed Debt Notification provided. Exception resolved.; Borrower XXX Gap Credit Report is not partially present.

05/14/2026

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time - Borrower has XXX years on job.

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010361

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

05/04/2026

Resolved

XXX

Credit

Asset XXX Does Not Meet Guideline Requirements

Asset Record XXX Does Not Meet G/L Requirements. XXX guidelines dated XX/XX/XXXX section XX/XX/XXXX require full asset verification for both funds to close and for reserves, in accordance with FNMA verification of assets guidelines. Funds from XXX #XXX were used for closing costs and reserves. However, the file contains only XXX bank statement for this account which covers a XX/XX/XXXX month period (XXX/XXX/XXX thru XXX/XXX/XXX). As this is a purchase transaction, a full XXX months bank statements are required. In addition, missing account access letter from non-borrowing joint account holder for this same account. Joint account holder is not on title; therefore, a written verification of deposit or an access letter showing the Borrower has authorized access to all funds is required.

; FNMA guides require an access letter now? Borrower is a joint account holder and has the same rights as the other account owner -meaning borrower can withdraw XXX% of funds as the joint owner could. borrower is not limited to % of funds and fund access is not restricted to an access letter. Please advise. --XXX XXXXX;

05/11/2026

Documentation provided is sufficient. Exception resolved.; Asset Record XXX Meets G/L Requirements; Missing account access letter from non-borrowing joint account holder. Joint account holder is not on title; therefore, a written verification of deposit or an access letter showing the Borrower has authorized access to all funds. Exception remains.; Bank statements received, however, still missing account access letter from non-borrowing joint account holder for this same account. Joint account holder is not on title; therefore, a written verification of deposit or an access letter showing the Borrower has authorized access to all funds is required. Exception remains; Still need another statement for account #XXX, as the one provided is a duplicate on the one in file. Need letter of authorized access for this account as well. Exception remains.; Asset Record XXX Does Not Meet G/L Requirements.

05/11/2026

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time - Borrower has XXX years on job.

D

A

C

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010361

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

05/01/2026

Resolved

XXX

Credit

The Deed of Trust is Incomplete

The Deed of Trust is Incomplete Confirmed subject's city is XXX from the Note, Appraisal, and page XXX of the Deed of Trust. However, Exhibit A legal description XXX to the Deed of Trust and title lists city as XXX (XXX). The APN number is also missing from the Exhibit A. Confirmation of the correct subject city is required. Provide corrected documents, as necessary.

05/05/2026

The Addition of XXX is legally located in the XXX of XXX, with a mailing address of XXX XXX. Condition cleared. ; The Deed of Trust is Present and Complete

05/07/2026

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time - Borrower has XXX years on job.

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010361

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

05/04/2026

Resolved

XXX

Credit

Purchase Contract is Incomplete

Loan Purpose is Purchase but Purchase Contract Doc is Incomplete The subject's city on the purchase contract does not match the Note or the appraisal. The purchase contract indicates that the subject's city is XXX, while the Note and the appraisal indicate that the city is XXX. Confirmation of the correct subject city is required. Provide corrected documents, as necessary.

05/05/2026

Lender provided the addendum. The Addition of XXX is legally located in the XXX of XXX, with a mailing address of XXX XXX. Condition cleared. ; Purchase Contract Doc is complete.

05/07/2026

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time - Borrower has XXX years on job.

D

A

B

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010361

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

05/04/2026

Resolved

XXX

Credit

Income and Employment Do Not Meet Guidelines

Income and Employment Do Not Meet Guidelines Borrower is XXX and was qualified using business bank statement income. XXX guidelines dated XX/XX/XXXX section XXX requires the borrower's ownership percentage to be verified with either a CPA letter, business formation documents, or an Operating Agreement. None of these documents were found in the file and Audit is unable to determine if the borrower is at least XXX% owner of the company.

05/05/2026

Documentation is sufficient. Business Narrative provided. Borrower is XXX% owner. Exception resolved.; Income and Employment Meet Guidelines

05/06/2026

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time - Borrower has XXX years on job.

D

A

C

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010361

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

05/04/2026

Resolved

XXX

Credit

Fraud Report Shows Uncleared Alerts

Fraud Report Shows Uncleared Alerts XXX guidelines dated XX/XX/XXXX section XX/XX/XXXX require a 3rd party fraud report with all red flags and inconsistencies resolved, and the supporting documentation clearing the deficiencies provided in the file. Fraud report dated XX/XX/XXXX shows an uncleared high alert.

05/05/2026

All Fraud Report Alerts have been cleared or None Exist

05/06/2026

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time - Borrower has XXX years on job.

D

A

C

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010361

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

05/01/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

05/04/2026

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time - Borrower has XXX years on job.

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010361

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

05/01/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

05/04/2026

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time - Borrower has XXX years on job.

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010363

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/05/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

05/06/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010363

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/05/2026

Resolved

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational

05/06/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010363

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/05/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

05/06/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010365

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/05/2026

Resolved

XXX

Credit

Approval/Underwriting Summary Not Provided

Missing Approval/Underwriting Summary. Missing lenders conditional approval (open findings/conditions are acceptable) or Final Approval, and XXX

05/07/2026

Documentation is sufficient. Approval and XXX provided. Exception resolved.; Approval/Underwriting Summary is fully present

05/08/2026

Borrower has stable job time - Borrower has XXX years on job.

D

A

B

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010365

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/06/2026

Resolved

XXX

Credit

Missing letter of explanation

DSCR refinance with a vacant subject property. Borrower has owned the subject for XXX months. The appraiser noted that the subject had been recently renovated. However, per XXX guidelines dated XXX, a letter of explanation from the borrower is also required and was not found in the file.

05/07/2026

Documentation is sufficient. LOE provided. Exception resolved.

05/08/2026

Borrower has stable job time - Borrower has XXX years on job.

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010365

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/05/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

05/06/2026

Borrower has stable job time - Borrower has XXX years on job.

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010365

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/06/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

05/06/2026

Borrower has stable job time - Borrower has XXX years on job.

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010367

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/11/2026

Resolved

XXX

Credit

The Note is Incomplete

The Note is Incomplete The Note reflects a XXX year Fixed at XXX% which is a payment of XXX but the lender's Note reflects a monthly payment of $XXX. In addition the lender approval, reflects the loan was approved as XXX DSCR XXX Yr Fixed I/O. The DSCR still qualifies with the monthly P&I payment of XXX but the Note would need to be corrected to reflect correct fixed rate note, or updated to include the I/O period.

05/11/2026

; The Note is Present - updated Note provided reflecting correct I/O term and P&I, which was updated same date the Note was issued. Condition Resolved.; The Note is Incomplete

07/16/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

B

D

A

D

B

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

4000010367

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/06/2026

Resolved

XXX

Credit

Hazard Insurance Policy is Partial

Hazard Insurance Policy Partially Provided The hazard policy mortgagee clause is missing the XXX verbiage.

; Document Uploaded.

05/08/2026

Documentation is sufficient. Updated policy provided. Exception resolved.; Hazard Insurance Policy is fully present

05/11/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

B

D

A

D

B

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

4000010367

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/07/2026

Resolved

XXX

Credit

Missing Business Entity Formation Document

Subject is vested in the name of an entity. XXX guidelines dated XXX section XX/XX/XXXX require the Articles of Incorporation, a Certificate of Good Standing, and verification of the tax identification number (EIN). These documents were not found in the file.

; Document Uploaded. ; ; ; ; Document Uploaded.

05/08/2026

Documentation is sufficient. Business entity and formation docs provided. Exception resolved.

05/11/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

B

D

A

D

B

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

4000010367

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/06/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

05/07/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

B

A

A

D

B

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

4000010367

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/06/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

05/07/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

B

A

A

D

B

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

4000010367

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/07/2026

Acknowledged

XXX

Credit

Loan does not conform to program guidelines

XXX guidelines dated XX/XX/XXXX section XX/XX/XXXX allows a maximum of XXXs when vesting is in an entity. The Operating Agreement for XXX XXX indicates there are a total of XXXs. However, the loan file contained a lender approved exception allowing vesting in an entity with more than XXXs. The lender did not provide any compensating factors. Downgraded to a level XXX/B.

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

B

B

B

D

B

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

4000010369

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

QM: Safe Harbor APOR (APOR SH)

Loan Review Complete

05/08/2026

Resolved

XXX

Credit

Missing Letter of Explanation (Income)

Missing signature of CPA who completed letter of information for borrower's business indicating percent of ownership and use of business funds for purchase will have no negative impact.

05/11/2026

Client provided signed tax preparer letter.

05/14/2026

Borrower has stable job time - Borrower has XXX years on job. | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

A

A

B

A

D

D

A

B

D

D

A

B

D

D

A

B

D

D

A

B

D

D

A

B

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010369

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

QM: Safe Harbor APOR (APOR SH)

Loan Review Complete

05/08/2026

Resolved

XXX

Credit

Audited Reserves are less than Guideline Required Reserves (Dollar Amount)

Audited Reserves of XXX are less than Guideline Required Reserves of $XXX. Missing sufficient assets in the amount of XXX to cover Reserve requirement. Assets verified as XXX (XXX months PITIA) = XXX - XXX (cash to close) = XXX short in reserves. Lender approved loan with same funds and XXX months reserves. Guidelines require XXX months for loan amounts greater than $500K.

05/11/2026

Audited Reserves of XXX are equal to or greater than AUS Required Reserves of $XXX.

05/13/2026

Borrower has stable job time - Borrower has XXX years on job. | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

C

A

D

A

A

A

B

A

D

D

A

B

D

D

A

B

D

D

A

B

D

D

A

B

D

D

A

B

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010369

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

QM: Safe Harbor APOR (APOR SH)

Loan Review Complete

05/08/2026

Resolved

XXX

Credit

Audited Reserves are less than Guideline Required Reserves (Number of Months)

Audited Reserves of XX/XX/XXXX month(s) are less than Guideline Required Reserves of XXX month(s) Missing sufficient assets in the amount of XXX to cover Reserve requirement. Assets verified as XXX (XXX months PITIA) = XXX - XXX (cash to close) = XXX short in reserves. Lender approved loan with same funds and XXX months reserves. Guidelines require XXX months for loan amounts greater than $500K.

05/11/2026

Audited Reserves of XX/XX/XXXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s)

05/13/2026

Borrower has stable job time - Borrower has XXX years on job. | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

C

A

D

A

A

A

B

A

D

D

A

B

D

D

A

B

D

D

A

B

D

D

A

B

D

D

A

B

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010369

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

QM: Safe Harbor APOR (APOR SH)

Loan Review Complete

05/08/2026

Resolved

XXX

Credit

Approval/Underwriting Summary Partially Provided

Approval/Underwriting Summary Partially Provided. Missing Lender's Conditional Approval (can have open conditions) or Final Approval.

05/11/2026

Approval/Underwriting Summary is fully present

05/13/2026

Borrower has stable job time - Borrower has XXX years on job. | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

B

A

D

A

A

A

B

A

D

D

A

B

D

D

A

B

D

D

A

B

D

D

A

B

D

D

A

B

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010369

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

QM: Safe Harbor APOR (APOR SH)

Loan Review Complete

05/08/2026

Resolved

XXX

Credit

Borrower XXX Gap Credit Report is Missing

Borrower XXX Gap Credit Report is Missing. Missing Evidence of Undisclosed Debt Monitoring for Borrower.

05/11/2026

Client provided UDM Report in lieu of Gap credit report.; Borrower XXX Gap Credit Report is not missing.

05/12/2026

Borrower has stable job time - Borrower has XXX years on job. | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

A

A

B

A

D

D

A

B

D

D

A

B

D

D

A

B

D

D

A

B

D

D

A

B

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010369

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

QM: Safe Harbor APOR (APOR SH)

Loan Review Complete

05/08/2026

Resolved

XXX

Compliance

Missing Required Affiliated Business Disclosure

Required Affiliated Business Disclosure Missing. Documentation required to clear exception: Please provide proof that the Affiliated Business Disclosure was provided prior to closing or provide confirmation that the lender has no affiliates.

05/11/2026

Required Affiliated Business Disclosure Documentation Provided.

05/12/2026

Borrower has stable job time - Borrower has XXX years on job. | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

B

A

D

A

A

A

B

A

D

D

A

B

D

D

A

B

D

D

A

B

D

D

A

B

D

D

A

B

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010369

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

QM: Safe Harbor APOR (APOR SH)

Loan Review Complete

05/08/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

05/11/2026

Borrower has stable job time - Borrower has XXX years on job. | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

A

A

D

A

A

A

B

A

D

D

A

B

D

D

A

B

D

D

A

B

D

D

A

B

D

D

A

B

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010371

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/07/2026

Resolved

XXX

Credit

Approval/Underwriting Summary Partially Provided

Approval/Underwriting Summary Partially Provided. Missing lenders conditional approval (open findings/conditions are acceptable) or Final Approval.

05/11/2026

Documentation provided is sufficient. Exception resolved.; Approval/Underwriting Summary is fully present

05/13/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

B

A

B

A

B

A

A

A

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010371

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/07/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

05/11/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

B

A

A

A

B

A

A

A

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010371

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/07/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

05/11/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

B

A

A

A

B

A

A

A

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010373

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/09/2026

Resolved

XXX

Credit

Approval/Underwriting Summary Partially Provided

Approval/Underwriting Summary Partially Provided. Missing lenders conditional approval (open findings/conditions are acceptable) or Final Approval.

05/12/2026

Approval/Underwriting Summary is fully present

05/13/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

B

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010373

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/09/2026

Resolved

XXX

Credit

Hazard Insurance Policy is Partial

Hazard Insurance Policy Partially Provided The subject city on the hazard policy does not match the Note. The Note lists the city name as XXX, the hazard policy lists the city as XXX. Verification of the correct address is required and corrected documents provided, as applicable.

05/12/2026

Hazard Insurance Policy is fully present

05/13/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010373

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/09/2026

Resolved

XXX

Credit

Flood Certificate Partially Provided

Flood Certificate is Partially Provided The subject city on the Flood Certificate does not match the Note. The Note lists the city name as XXX. The Flood Certificate lists the city as XXX. Verification of the correct address is required and corrected documents provided, as applicable.

05/12/2026

Flood Certificate is fully present

05/13/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010373

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/11/2026

Resolved

XXX

Credit

Missing Business Entity Formation Document

Missing page XXX of the Operating Agreement for XXX.

05/12/2026

Complete copy (pages XXX-XXX) of Operating agreement XXX.

05/13/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010373

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/08/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

05/12/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010373

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/09/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

05/12/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010375

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/11/2026

Resolved

XXX

Credit

The Deed of Trust is Incomplete

The Deed of Trust is Incomplete The Deed of Trust in file does not have the Exhibit A legal description XXX. A complete copy of the Deed of Trust is required.

05/13/2026

; Auditor Response: Lender uploaded Exhibit A. Exception Cleared.

09/08/2026

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010375

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/11/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

05/12/2026

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010375

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/12/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

05/12/2026

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010377

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/13/2026

Resolved

XXX

Credit

Title Document is Partially Present

Title Document is incomplete or only partially present. CPL was charged on the Final CD, however was not provided in the file.

05/14/2026

Lender provided the closing protection letters. Condition cleared. ; Title Document is fully Present.

05/15/2026

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010377

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/13/2026

Resolved

XXX

Credit

All Interested Parties Not Checked with Exclusionary Lists

All Interested Parties Not Checked with Exclusionary Lists. Appraiser XXX XXXXX not ran through LDP/GSA

; Can you please waive this? We don't require this.

05/14/2026

Lender provided the third party fraud report. All high alerts have been addressed. Condition cleared. ; All Interested Parties Checked against Exclusionary Lists

05/15/2026

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

C

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010377

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/13/2026

Resolved

XXX

Credit

OFAC Check Not Completed and/or Cleared

OFAC Check Not Completed and/or Cleared Appraiser XXX XXXXX not ran through OFAC

; Can you please waive this? We don't require this.

05/14/2026

OFAC Check Completed and Cleared

05/15/2026

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

C

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010377

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/12/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Resolved

05/13/2026

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010377

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/12/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Resolved

05/13/2026

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010379

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/14/2026

Resolved

XXX

Credit

Application Profile Missing

Missing a copy of Certificate of Death for XXX XXX. XXXXX

05/15/2026

Final Title policy uploaded

05/18/2026

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010379

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/13/2026

Resolved

XXX

Credit

Property Title Issue

Property Title Issue Title Comittment, XXX, states vesting will include XXX XXX XXXXX, whose interest in subject property is being paid off. A Grant Deed or alternative, acceptable documentation conveying ownership to borrower is required. In addition, the Post Close CD payoff of, XXX reflects payee as, Sister Buyout for Collection, Judgement or Lien. A revised Post Close CD reflecting the payee name of, XXX XXX XXXXX, is required.

;

05/15/2026

Property Title Issue Resolved

05/18/2026

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

C

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010379

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/14/2026

Resolved

XXX

Credit

Third Party Fraud Report Partially Provided

Third Party Fraud Report Partially Provided Appraiser XXX XXX XXXXX. was not ran through OFAC, or LDP/GSA.

05/15/2026

Third Party Fraud Report is fully present

05/18/2026

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010379

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/14/2026

Rescinded

XXX

Credit

Borrower XXX Gap Credit Report is Missing

Borrower XXX Gap Credit Report is Missing.

Please rescind - not required on a DSCR Loan;

05/15/2026

Auditor Response: Agreed. Rescinded, not required on DSCR loans. ; Borrower XXX Gap Credit Report is not missing.

05/18/2026

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010379

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/14/2026

Resolved

XXX

Credit

Housing History Does Not Meet Guideline Requirements

Housing History Does Not Meet Guideline Requirements VOR from a private landlord requires XXX months of cancelled checks. Only XXX months of checks were provided, however not from the borrower. Check copies in the amount of XXX each, are from XXX and XXX XXXXX for all months with the exception of March XXX there is one check from the borrower XXXXX in the amount of XXX Only one check provided for August XXX July XXX and June XXX Missing May XXX

Document Uploaded. ; ;

05/15/2026

Housing History Meets Guideline Requirements

05/18/2026

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

C

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010379

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/14/2026

Rescinded

XXX

Credit

Hazard Insurance Policy is Partial

Hazard Insurance Policy Partially Provided Property address to be corrected to XXX XXX. Currently the declarations page is reflecting XXX XXX.

05/15/2026

Address is an acceptable abbreviation.

05/15/2026

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010379

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/13/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

05/14/2026

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010379

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/13/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

05/14/2026

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010381

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

05/13/2026

Resolved

XXX

Compliance

Evidence of Appraisal Delivery to Borrower not Provided or Late (12 CFR  XXX(a)(XXX))

The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR XXX(a)(XXX)). Documentation required to clear exception: The document provided indicates that the borrower either received, or chose to waive the right to receive the appraisal at least XXX days prior to consummation, but does not confirm the borrower received the appraisal at or prior to consummation.  Provide documentation to show the date the borrower received the appraisal to confirm it was received by the borrower timely.

05/15/2026

Evidence of appraisal delivery provided.

05/21/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

B

A

B

A

A

A

A

A

B

A

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010381

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

05/13/2026

Resolved

XXX

Compliance

Missing Required Affiliated Business Disclosure

Required Affiliated Business Disclosure Missing. Documentation required to clear exception: Please provide proof that the Affiliated Business Disclosure was provided prior to closing or provide confirmation that the lender has no affiliates.

05/15/2026

Required Affiliated Business Disclosure Documentation Provided.; The privacy policy in file does not show Pinnacle has no affiliates, due to this an affiliated business disclosure is required or confirmation that no affiliates were used in this transaction.

05/21/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

B

A

B

A

A

A

A

A

B

A

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010381

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

05/14/2026

Resolved

XXX

Credit

Hazard Insurance Policy is Partial

Hazard Insurance Policy Partially Provided Insurance Dec Page reflecting insured as XXX XXXXX, and should be XXX and XXX.

;

05/18/2026

Hazard Insurance Policy is fully present; Auditor Response: Lender uploaded Borrowers Letters of explanation with name reflected as XXX XXXXX, no middle name. AKA Statement in file. Exception Rescinded. Middle name not required. ; Hazard Insurance Policy is fully present

05/20/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

B

A

A

A

A

A

A

A

B

A

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010381

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

05/13/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

05/14/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

B

A

A

A

A

A

A

A

B

A

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010383

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

05/15/2026

Resolved

XXX

Compliance

Charges That Cannot Increase Test

TILA 130b Cure Required. Refund in the amount of $XXX; cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery or Valid COC. The zero tolerance violation in the amount of XXX is due to increase from XXX to XXX for the Appraisal fee and the increase from XXX to XXX for the Appraisal Review fee. The appraisal fee increased on the initial CD issued on XXX/XXX/XXX. The appraisal review fee was added to the revised LE issued on XXX/XXX/XXX. The loan file does not contain COC's for the increase and addition of these fees. This loan failed the charges that cannot increase test. (12 CFR §XXX(e)(XXX)(i) he loan contains charges that exceed the good faith determination according to §XXX(e)(XXX)(i) ne or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX lease see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures n estimated closing cost disclosed pursuant to §XXX(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §XXX(e)(XXX)(i).

The lender did not receive any updated appraisal pricing or review requirements until XXX/XXX/XXX. Although the appraisal was ordered on XX/XX/XXXX and completed on XXX/XXX, no fee changes, complexity updates, or SSR-related review requirements were communicated to the lender before XXX/XXX. This was the first point at which the lender became aware of information that impacted the appraisal fee. Under TRID, the COC is triggered when the lender receives new information affecting settlement charges. Because the updated fee information was provided on XXX/XXX, that is the earliest valid COC date. The revised LE on XX/XX/XXXX was issued within the required TRID timeframe, and the initial CD on XX/XX/XXXX reflects the updated fees. The COC dated XX/XX/XXXX is valid and supports both the appraisal fee increase and the appraisal review fee. --XXX XXXXX; The appraisal fee increase was not triggered by the order date or the appraisal’s effective date. The fee-impacting event occurred on XXX/XXX/XXX, when updated pricing was received due to property location and appraiser availability. This is the documented Change of Circumstance. The revised LE was issued XXX/XXX/XXX, which is within the required XXX-business-day TRID window. Because the triggering event occurred on XX/XX/XXXX and was disclosed timely, the appraisal fee increase is in good faith under TRID COC rules. --XXX XXXXX; The zero-tolerance finding is XXX. A valid Change of Circumstance dated XX/XX/XXXX is already in the file and supports both fee changes: Appraisal fee increase XXX → XXX due to property location and appraiser availability Appraisal review fee XXX added due to the SSR rating received on XX/XX/XXXX The revised LE was issued XXX/XXX/XXX, and the initial CD XXX/XXX/XXX, meeting TRID timing requirements. These fee changes were properly disclosed and are in good faith under TRID COC rules. The updated COC dated on XXX/XXX/XXX, was uploaded yesterday, please advise. --XXX XXXXX; Uploaded updated COC dated XX/XX/XXXX --XXX XXXXX;

05/20/2026

Valid COC provided; exception resolved; Valid COC provided; exception resolved; Provide clarification on the process, how the lender was not aware of the cost increase prior to receipt of the completed appraisal ; Updated cure amount to XXX COC provided indicates increase in appraisal fee was due to location and appraiser availability, however the appraisal was ordered XX/XX/XXXX and the effective date of the appraisal was XXX/XXX, however it was not disclosed until XX/XX/XXXX which is not considered timely ; This loan failed the charges that cannot increase test. (12 CFR §XXX(e)(XXX)(i) he loan contains charges that exceed the good faith determination according to §XXX(e)(XXX)(i) ne or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX lease see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures n estimated closing cost disclosed pursuant to §XXX(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §XXX(e)(XXX)(i).

05/21/2026

Borrower has stable job time - Borrower has XXX years on job. | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

D

A

C

A

D

A

A

A

C

A

D

D

A

C

D

D

A

C

D

D

A

C

D

D

A

C

D

D

A

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010383

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

05/15/2026

Resolved

XXX

Compliance

Evidence of Appraisal Delivery to Borrower not Provided or Late (12 CFR  XXX(a)(XXX))

The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR XXX(a)(XXX)). Documentation required to clear exception: The document provided indicates that the borrower either received, or chose to waive the right to receive the appraisal at least XXX days prior to consummation, but does not confirm the borrower received the appraisal at or prior to consummation.  Provide documentation to show the date the borrower received the appraisal to confirm it was received by the borrower timely.

Uploaded appraisal report delivery date confirmation --XXX XXXXX;

05/18/2026

Evidence of appraisal delivery provided.

05/20/2026

Borrower has stable job time - Borrower has XXX years on job. | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

D

A

B

A

D

A

A

A

C

A

D

D

A

C

D

D

A

C

D

D

A

C

D

D

A

C

D

D

A

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010383

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

05/15/2026

Resolved

XXX

Compliance

Homeownership Counseling Disclosure Is Missing

Homeownership Counseling Disclosure Is Missing Documentation required to clear exception: Provide homeownership counseling disclosure that was provided to the consumer within XXX-business days of application, XXX-XXX-XXX.

Uploaded List of Counselors --XXX XXXXX; Uploaded Homeownership Counseling Disclosure --XXX XXXXX;

05/19/2026

Homeownership Counseling Disclosure Is Present or XXX; please provide a copy of the list sent to the borrower to determine if it is compliant

05/20/2026

Borrower has stable job time - Borrower has XXX years on job. | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

D

A

B

A

D

A

A

A

C

A

D

D

A

C

D

D

A

C

D

D

A

C

D

D

A

C

D

D

A

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010383

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

05/15/2026

Resolved

XXX

Compliance

Intent to Proceed is Missing

The intent to proceed is missing. Please provide either a signed intent to proceed document or provide the date the borrower gave the lender/broker their intent to proceed.

Uploaded intent to proceed --XXX XXXXX;

05/18/2026

Proof of Intent to Proceed has been provided. The intent to proceed is missing.

05/20/2026

Borrower has stable job time - Borrower has XXX years on job. | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

D

A

B

A

D

A

A

A

C

A

D

D

A

C

D

D

A

C

D

D

A

C

D

D

A

C

D

D

A

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010383

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

05/15/2026

Resolved

XXX

Compliance

Missing Required Affiliated Business Disclosure

Required Affiliated Business Disclosure Missing. Documentation required to clear exception: Please provide proof that the Affiliated Business Disclosure was provided prior to closing or provide confirmation that the lender has no affiliates.

Uploaded Affiliated Business Disclosure --XXX XXXXX;

05/18/2026

Required Affiliated Business Disclosure Documentation Provided.

05/20/2026

Borrower has stable job time - Borrower has XXX years on job. | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

D

A

B

A

D

A

A

A

C

A

D

D

A

C

D

D

A

C

D

D

A

C

D

D

A

C

D

D

A

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010383

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

05/15/2026

Resolved

XXX

Credit

Third Party Fraud Report Partially Provided

Third Party Fraud Report Partially Provided Appraiser and Appraisal company not run through LDP/GSA and OFAC.

Uploaded updated Fraud Guard --XXX XXXXX;

05/18/2026

Auditor response: Lender uploaded Fraud report with Appraisal Search. Finding Cleared. ; Third Party Fraud Report is fully present

05/18/2026

Borrower has stable job time - Borrower has XXX years on job. | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

D

A

D

A

D

A

A

A

C

A

D

D

A

C

D

D

A

C

D

D

A

C

D

D

A

C

D

D

A

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010383

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

05/14/2026

Resolved

XXX

Credit

Borrower XXX Gap Credit Report is Missing

Borrower XXX Gap Credit Report is Missing. Gap credit report is missing.

Uploaded Credit refresh --XXX XXXXX;

05/18/2026

Auditor Response: Lender uploaded credit refresh. Finding cleared. ; Borrower XXX Gap Credit Report is not missing.

05/18/2026

Borrower has stable job time - Borrower has XXX years on job. | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

D

A

D

A

D

A

A

A

C

A

D

D

A

C

D

D

A

C

D

D

A

C

D

D

A

C

D

D

A

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010383

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

05/14/2026

Resolved

XXX

Credit

Hazard Insurance Policy is Partial

Hazard Insurance Policy Partially Provided H/O Ins loss payee clause is missing the XXX in clause.

Uploaded updated hazard insurance policy --XXX XXXXX;

05/18/2026

Hazard Insurance Policy is fully present

05/18/2026

Borrower has stable job time - Borrower has XXX years on job. | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

D

A

D

A

D

A

A

A

C

A

D

D

A

C

D

D

A

C

D

D

A

C

D

D

A

C

D

D

A

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010383

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

05/15/2026

Resolved

XXX

Credit

No evidence of required debt payoff

Missing payoff for 2nd to XXX XXXXX

Payoff document uploaded --XXX XXXXX;

05/18/2026

Payoff uploaded. Finding Cleared.

05/18/2026

Borrower has stable job time - Borrower has XXX years on job. | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

D

A

C

A

D

A

A

A

C

A

D

D

A

C

D

D

A

C

D

D

A

C

D

D

A

C

D

D

A

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010383

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

Non-QM: Lender documented all ATR UW factors

Loan Review Complete

05/15/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

05/15/2026

Borrower has stable job time - Borrower has XXX years on job. | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

D

A

A

A

D

A

A

A

C

A

D

D

A

C

D

D

A

C

D

D

A

C

D

D

A

C

D

D

A

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010385

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/15/2026

Rescinded

XXX

Credit

Borrower XXX Gap Credit Report is Missing

Borrower XXX Gap Credit Report is Missing.

05/18/2026

Auditor: Not required for DSCR Loans. ; Borrower XXX Gap Credit Report is not missing.

05/18/2026

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

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D

D

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D

D

A

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A

A

A

A

A

A

A

A

A

A

A

4000010385

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/14/2026

Resolved

XXX

Credit

Personal Guaranty Agreement Incomplete

Personal Guaranty Incomplete. Personal guaranty is incomplete, not signed and not notarized.

05/18/2026

Auditor Response: Lender uploaded Personal Guaranty signed and notarized. Finding cleared. ; Personal Guaranty provided.

05/18/2026

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

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D

D

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D

D

A

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A

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A

A

A

A

A

A

A

A

A

A

A

A

A

4000010385

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/15/2026

Resolved

XXX

Credit

Third Party Fraud Report Partially Provided

Third Party Fraud Report Partially Provided Only the Borrower was ran through LDP/GSA/OFAC. All parties to the transaction need to be ran through the LDP/GSA/OFAC

05/18/2026

Auditor Response: Lender uploaded updated Fraud report. Finding cleared. ; Third Party Fraud Report is fully present

05/18/2026

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

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D

D

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D

D

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A

A

A

A

A

A

A

A

A

4000010385

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/14/2026

Resolved

XXX

Credit

Approval/Underwriting Summary Partially Provided

Approval/Underwriting Summary Partially Provided. Missing lenders conditional approval (open findings/conditions are acceptable) or Final Approval.

05/18/2026

Auditor Response: Lender uploaded approval. Finding cleared. ; Approval/Underwriting Summary is fully present

05/18/2026

D

A

B

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

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D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010385

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/14/2026

Resolved

XXX

Credit

Missing Business Entity Formation Document

Loan file is missing the signed/executed operating agreement. The articles of organization provided is an amendment of the original articles of organization

05/18/2026

Auditor response: Lender uploaded signed operating agreement. Finding cleared.

05/18/2026

D

A

D

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

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D

D

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D

D

A

A

A

A

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A

A

A

A

A

A

A

A

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A

A

A

A

A

A

A

A

4000010385

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/15/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

05/15/2026

D

A

A

A

D

A

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010387

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/20/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

05/21/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010387

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/20/2026

Resolved

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational

05/21/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010387

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/20/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

05/21/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010389

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/20/2026

Acknowledged

XXX

Credit

Housing History Does Not Meet Guideline Requirements

Housing History Does Not Meet Guideline Requirements Missing Lender Approved Credit Exception for the 1x30 mortgage late. UW references exception request; however, approved exception is missing from loan file.

Document Uploaded. ;

05/27/2026

The max LTV/CLTV allowed for a mortgage history of XXX x XXX is XXX% The subject transaction is at XXX% exceeding guidelines. However, a Lender exception was approved for the higher LTV and mortgage late, citing compensating factors of the Borrower being an experienced investor. Acknowledged and downgraded.

05/27/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

B

C

B

D

B

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

4000010389

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/20/2026

Acknowledged

XXX

Credit

Audited CLTV Exceeds Guideline CLTV

Audited CLTV of XXX% exceeds Guideline CLTV of XXX% XXX day mortgage late. Lender Approved Exception needed but not provided in loan file. Max CLTV when 1x30 late is XXX% UW referenced Exception request; however approved exception is missing from file.

05/22/2026

The max LTV/CLTV allowed for a mortgage history of XXX x XXX is XXX% The subject transaction is at XXX% exceeding guidelines. However, a Lender exception was approved for the higher LTV, citing compensating factors of the Borrower being an experienced investor. Acknowledged and downgraded.

05/27/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

B

C

B

D

B

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

4000010389

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/20/2026

Acknowledged

XXX

Credit

Audited HCLTV Exceeds Guideline HCLTV

Audited HLTV of XXX% exceeds Guideline HCLTV of XXX% XXX day mortgage late. Lender Approved Exception needed but not provided in loan file. Max HCLTV when 1x30 late is XXX% UW referenced Exception request; however approved exception is missing from file.

05/22/2026

The max LTV/CLTV allowed for a mortgage history of XXX x XXX is XXX% The subject transaction is at XXX% exceeding guidelines. However, a Lender exception was approved for the higher LTV, citing compensating factors of the Borrower being an experienced investor. Acknowledged and downgraded.

05/27/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

B

C

B

D

B

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

4000010389

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/20/2026

Acknowledged

XXX

Credit

Audited LTV Exceeds Guideline LTV

Audited LTV of XXX% exceeds Guideline LTV of XXX% XXX day mortgage late. Lender Approved Exception needed but not provided in loan file. Max LTV when 1x30 late is XXX% UW referenced Exception request; however approved exception is missing from file.

05/22/2026

The max LTV/CLTV allowed for a mortgage history of XXX x XXX is XXX% The subject transaction is at XXX% exceeding guidelines. However, a Lender exception was approved for the higher LTV, citing compensating factors of the Borrower being an experienced investor. Acknowledged and downgraded.

05/27/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

B

C

B

D

B

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

4000010389

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/21/2026

Rescinded

XXX

Credit

The Deed of Trust is Incomplete

The Deed of Trust is Incomplete Page XXX of Deed of Trust has signature lines for XXX witnesses which are blank. Please provide Deed of Trust with witness signatures.

05/22/2026

Mortgages / Security Instruments: Do not require witness signatures under XXX state law, nor does XXX. Exception rescinded.; The Deed of Trust is Present and Complete

05/26/2026

D

B

A

A

D

B

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

4000010389

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/19/2026

Resolved

XXX

Credit

Third Party Fraud Report not Provided

Missing Third Party Fraud Report Missing required Third Party Fraud report.

05/22/2026

Third Party Fraud Report is provided

05/26/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

B

D

A

D

B

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

4000010389

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/20/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

05/22/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

B

A

A

D

B

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

4000010389

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/20/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

05/22/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

D

B

A

A

D

B

A

A

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

D

D

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

4000010391

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/21/2026

Resolved

XXX

Credit

Asset XXX Does Not Meet Guideline Requirements

Asset Record XXX Does Not Meet G/L Requirements. Asset XXX is a XXX XXX savings account but the statement is missing from loan file.

05/26/2026

Asset Record XXX Meets G/L Requirements Or XXX.

05/27/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

C

A

C

A

C

A

A

A

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010391

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/21/2026

Resolved

XXX

Credit

Asset Qualification Does Not Meet Guideline Requirements

Asset Qualification Does Not Meet Guideline Requirements. Asset XXX is a XXX XXX savings account but the statement is missing from loan file.

05/26/2026

Asset Qualification Meets Guideline Requirements.

05/27/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

C

A

C

A

C

A

A

A

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010391

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/20/2026

Resolved

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational

05/26/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

C

A

A

A

C

A

A

A

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010391

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM: Exempt

Loan Review Complete

05/21/2026

Resolved

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational

05/26/2026

XXX is Greater than the Guideline Minimum - XXX of XXX is greater than Guideline minimum FICO of XXX

C

A

A

A

C

A

A

A

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

C

C

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

4000010393

XXXXX

XXX

XXXXX

XX/XX/XXXX

$XXXXXX

XXX

ATR/QM Exempt

Loan Review Complete

12/01/2025

Resolved

XXX

Credit

No Credit Findings

The loan meets all applicable guidelines

A

A

A

A

A

A

A

A

N/A

N/A

A

A

A

N/A

A

A

A

N/A

A

A

A

N/A

A

A

A

N/A

A

A

A

N/A

A

A

A

N/A

A

A

A

N/A

A

A

A

N/A

A

A

A

N/A

A

A

A

N/A