EFMT DEPOSITOR LLC ABS-15G

Exhibit 99.07 - Schedule 2

 

 
Exception Detail
Run Date - 09/17/2026 8:52:07 AM
Evolve Loan ID Customer Loan ID Seller Loan ID Loan Exception ID Exception ID Exception Date Exception Type Exception Category Exception Subcategory Exception Exception Detail Exception Information Exception Remediation Compensating Factors Follow-up Comments Cleared Date Cured Date Waived Date Exception Level Grade Exception Level Rating Note Date Property State Occupancy Purpose Overall Initial Loan Grade Overall Final Loan Grade Credit Initial Loan Grade Credit Final Loan Grade Compliance Initial Loan Grade Compliance Final Loan Grade Property Initial Loan Grade Property Final Loan Grade Originator QM ATR Status TPR QM ATR Status Is Curable
1702634 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXXXXX closing disclosures from loans ending XXXXXX & XXXXXX that were part of a XX pack.       08/21/2026     A 1 XXXXXXXXXX SC 3 3 A   A   A   A   N/A N/A A   A     Exempt 1
1702638 XXXXXXXXXXX XXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Missing/Incomplete Verbal VOE   XXXXXXXX XXXXXXX for both borrowers, XXXXXXXXX XX with the XXXXX of XXXX XXXXXXXX and XXXXXXXXX XX with XXXXXXX XXXXXXX Received XXX day XXXXXX     07/29/2026     A 1 XXXXXXXXXX WA 3 3 D   B   D   B   N/A N/A A   A     Exempt 1
1702638 XXXXXXXXXXX XXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   XXXXXXXX XXXX XXXXX XXXXXXX for XXXXX and XXXXX for both borrowers, required for full documentation program. Received XXXXXXXX     07/29/2026     A 1 XXXXXXXXXX WA 3 3 D   B   D   B   N/A N/A A   A     Exempt 1
1702640 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW - LTV/CLTV does not meet parameters   XXXX XXXX stacked exceeds maximum XXXX XXXX for an interest only loan under the XXXXX XXXXXXXXX   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXX months reserves when only XX months required, XXXXX if XXXXXXXX where the minimum required is XXXXX and XXXX fico score where the minimum required is XXXXX       07/22/2026 B 2 XXXXXXXXXX AL 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1702640 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXXXXXXX verification that the original purchase transaction was an arms-length transaction as required for delayed financing.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXX months reserves when only XX months required, XXXXX if XXXXXXXX where the minimum required is XXXXX and XXXX fico score where the minimum required is XXXXX       07/22/2026 B 2 XXXXXXXXXX AL 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1702640 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXXX final settlement statement must reflect the pay off or pay down of the loan used to purchase the property as required per delayed financing guidelines when the source of funds used to acquire the property was an unsecured loan or a loan secured by an asset other than the subject property.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXX months reserves when only XX months required, XXXXX if XXXXXXXX where the minimum required is XXXXX and XXXX fico score where the minimum required is XXXXX       07/22/2026 B 2 XXXXXXXXXX AL 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1702640 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW - LTV/CLTV does not meet parameters   XXXX XXXX > XXXX maximum, including stacked points (stacked points XXXXXX > XXX over product eligibility or max XXXX on rate sheet) as required per XXXXXXXXX XXXXXXXXXXXX XXXXXXXX guidelines for delayed financing.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXX months reserves when only XX months required, XXXXX if XXXXXXXX where the minimum required is XXXXX and XXXX fico score where the minimum required is XXXXX       07/22/2026 B 2 XXXXXXXXXX AL 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1702641 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit Hazard Insurance   Hazard Insurance - is missing.   XXXXXX of insurance not in file       08/21/2026     A 1 XXXXXXXXXX CA 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1702641 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXXXXXXXXX XXXX units to be over XXXX sf XXXXXXXXXX XXXXXXXXX XX of XX units units are under XXXX sf   COMPENSATING XXXXXXXXX XXXXXXX waived XXXXXXX XXXXXXXXX XXXXXXXXX is experienced investor, XXXXX XXXX when min required XXXXX XXXXX XXXXX XXXXXXX when required XXXXX is XXXXXXXX XXXXXXX months reserves when only XX months reserves required.       08/19/2026 B 2 XXXXXXXXXX CA 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1702641 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXXXXXXXX state no mixed use properties, subject is a mixed use property, XXXXXXXXXX is required.   Client waived XXXXXXX XXXXXXXXX XXXXXXXXX is experienced investor, XXXXX XXXX when min required XXXXX XXXXX XXXXX XXXXXXX when required XXXXX is XXXXXXXX XXXXXXX months reserves when only XX months reserves required.       08/20/2026 B 2 XXXXXXXXXX CA 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1702641 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXXXXXXXX state max XXXX on c/o XXXXX unit XXX is XXXXX loan is XXXX XXXXX XXX XXXX exception is required.   Client waived XXXXXXX XXXXXXXXX XXXXXXXXX is experienced investor, XXXXX XXXX when min required XXXXX XXXXX XXXXX XXXXXXX when required XXXXX is XXXXXXXX XXXXXXX months reserves when only XX months reserves required.       08/20/2026 B 2 XXXXXXXXXX CA 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1702642 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW - LTV/CLTV does not meet parameters   XXXX XXXXXXXX XXXX exceeds the XXXXXXXX maximum XXXX guideline for a XXXXX XXXXX property in an XXXXXXXXX XXXXX XXXXX XXXX XXXXXXXXXX XXXXXXXXX   Client waived with XXXXXXXXXXXXX XXXXXXXXX XXXX XXXXX when XXXX is the minimum; XXXXXXX months reserves when XX months is the minimum; XXXXXX XXXXX when XXXXXX is the minimum.       08/25/2026 B 2 XXXXXXXXXX IL 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1702644 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXXXXX properties are subject to a maximum XXXX of XXXXXX XXXXXXXXX at XXXX XXXXXX   Client waived with compensating factors: XXXXXXXXX income required XXXXXXXXX residual income provided XXXXXXXXXXX XXXXXXXXX reserves required, over XXX months of reserves verified. XXXX XXXX XXXXX approved XXXX XXXXXXXXXXX        06/05/2026 B 2 XXXXXXXXXX MD 1 1 C   B   C   B   A   A   A   A     Non-QM 1
1702645 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXXXXX final, fully executed closing disclosures for loan numbers XXXXXXX XXXXXX and XXXXXX to support assets used for cash to close and reserves.       08/21/2026     A 1 XXXXXXXXXX SC 3 3 C   B   C   B   N/A N/A A   A     Exempt 1
1702645 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW - Seasoning Requirement Not Met   XXXXX program requires XX months seasoning on tile for a refinance, subject is short about XX weeks of XX XXXXXXXXX XXXXXXXXXX approval from senior management in file allowing for seasoning to be less than XX months.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXX of XXXX where the max allowed is XXXXX XXX months reserves when only XX months required, and XXXX fico score where the minimum required is XXX       08/21/2026 B 2 XXXXXXXXXX SC 3 3 C   B   C   B   N/A N/A A   A     Exempt 1
1702647 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Assets   UW Assets - UW - Asset Other   XXXXXXXX final XXXXXXXX XXXXXXXXXXXX from other two properties refinanced/closed same day as subject to verify sufficient funds to close and payoff of the existing blanket mortgage reflected on title XXXXXXXXX XXX XXXXX XX item XXXX Received XXXXX from XX properties refinanced.     08/21/2026     A 1 XXXXXXXXXX SC 3 3 C   A   C   A   N/A N/A A   A     Exempt 1
1702649 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Assets   UW Assets - UW - Asset Other   XXXX application and approval indicates borrower is using cash proceeds from another loan for closing and reserves. XXXX file is missing a copy of the final XXXXXXXX XXXXXXXXXXX for that loan netting at least XXXXXXXXXXX Received XXX for unit XXXXX with proceeds of XXXXXXXXX     08/24/2026     A 1 XXXXXXXXXX SC 3 3 C   A   C   A   N/A N/A A   A     Exempt 1
1702650 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXXXXX final closing disclosures for cash-out refinances of XXXXX used for assets/reserves in the minimum total amount of XXXXXXXXXXXXXXX       08/25/2026     A 1 XXXXXXXXXX SC 3 3 A   A   A   A   N/A N/A A   A     Exempt 1
1702651 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW - Incorrect Product Registration   XXXXXX XXXXX approval XXX cash-out refi. XXXXXX XXX XXXXXXXXXXXXX back at closing > XXXXXXXX cash out allowed for rate/term refi. XXXXXXX correct loan program. Received loan approval as XXXXXXXXX XXXXXXXX XXXXX XXX     08/19/2026     A 1 XXXXXXXXXX MA 3 3 C   A   C   A   N/A N/A A   A     Exempt 1
1702651 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXXXXX XXXXXXX report for brw X       08/17/2026     A 1 XXXXXXXXXX MA 3 3 C   A   C   A   N/A N/A A   A     Exempt 1
1702652 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXXXXXX units under XXXX sq ft. XXXXXXXXXX supports market rent value and units are complete.   Client waived with compensating factors: XXXX XXXX XXXXX when XXXX is min required. XXXXXXX depth dating back to XXXXX with no derogatory credit. XXXXX well over XXXXX       08/12/2026 B 2 XXXXXXXXXX CT 3 1 C   B   A   A   N/A N/A C   B     Exempt 1
1702653 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXXXXXX property and or comparable sales have lot sizes greater than XXX acres. XXXXXXXX sits on XXX acres.   Client waived with compensating factors: XXXXXXXX XXXX where max XXXX is XXXXXX XXXXXXXXX XXXX where a max XXXX is XXXXXX XXXXXXXXX required reserves where XXXXXXXXXX reserves verified.        08/13/2026 B 2 XXXXXXXXXX VA 3 1 C   B   A   A   N/A N/A C   B     Exempt 1
1702653 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXX immediate or necessary repairs must be completed and re-inspected by the appraiser prior to closing. XXXXXXXXXX lists XXXXXXXXXX worth of repairs needed for property. XXXXX repaired. XXXXXXXXXXXXX of competition by processor cert and roofing company invoice.   Client waived with compensating factors: XXXXXXXX XXXX where max XXXX is XXXXXX XXXXXXXXX XXXX where a max XXXX is XXXXXX XXXXXXXXX required reserves where XXXXXXXXXX reserves verified.        08/13/2026 B 2 XXXXXXXXXX VA 3 1 C   B   A   A   N/A N/A C   B     Exempt 1
1702655 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit Hazard Insurance   Hazard Insurance - Other:   XXXXXX of XXXXXXXXXX does not include a XXXXXXX XXXXXXX Information provided     07/17/2026     A 1 XXXXXXXXXX WA 1 1 C   B   C   B   A   A   A   A     Safe Harbor QM (APOR) 1
1702655 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXX XXXXXXXXXX did a XXXXXXX loan. XXXXX the final signed XXX from the XXXXXXX loan.       07/10/2026     A 1 XXXXXXXXXX WA 1 1 C   B   C   B   A   A   A   A     Safe Harbor QM (APOR) 1
1702655 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXX per XXXXXXXXX guidelines, borrowers must have minimum tradelines and credit scores.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXX reserves are required. XXXXXXXXXX have XXXXXXXX mo reserves. XXXXXXXXX XXXXXXXXX income is XXXXXXXXX XXXXXXXXXX have XXXXXXXXXXXXXXX  XXXXXXXXXX have past mortgage history but have paid cash on others.       07/10/2026 B 2 XXXXXXXXXX WA 1 1 C   B   C   B   A   A   A   A     Safe Harbor QM (APOR) 1
1702656 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Compliance Compliance   Compliance - Pending Internal completion of compliance fee tests.  Additional conditions may apply.           08/24/2026     A 1 XXXXXXXXXX CA 1 1 C   B   C   B   C   A   C   B     Non-QM 1
1702656 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Compliance Compliance   Compliance - TRID- Fee Tolerance Violation   XXXXX is failing XXXX tolerance for the increase in the XXXXXXXXXX fee in XXXX XX of the final XXXXX  XXXXXXXXXX amount is XXXXXXXXXXX  XXXXX a XXXXX with cure, lox to borrower, and proof of refund, all within XXX days of consummation XXXXXX       08/24/2026     A 1 XXXXXXXXXX CA 1 1 C   B   C   B   C   A   C   B     Non-QM 1
1702656 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXX is missing the final XXX for the bridge loan.       08/18/2026     A 1 XXXXXXXXXX CA 1 1 C   B   C   B   C   A   C   B     Non-QM 1
1702656 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXXXXX XXXXXXXX shock over XXXXXXXXXXX   Client waived with compensating factors: XXXXXXXXX income of XXXXXXXXXX where XXXXX is required.  XXXXXXXXX of XXXXXXX months where XX is required, XXXX XXXXX where XXXX is required.       08/18/2026 B 2 XXXXXXXXXX CA 1 1 C   B   C   B   C   A   C   B     Non-QM 1
1702656 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXXXXXXX with XXXXX appraisals identifying property as suburban with size of XXXXXXX XXXXXXXX   Client waived with compensating factors: XXXXXXXXX income of XXXXXXXXXX where XXXXX is required.  XXXXXXXXX of XXXXXXX months where XX is required, XXXX XXXXX where XXXX is required.       08/18/2026 B 2 XXXXXXXXXX CA 1 1 C   B   C   B   C   A   C   B     Non-QM 1
1702659 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW - DTI exceeds maximum limit   XXXXXX XXXXX for multifamily. XXXXXXXX XXXXX XXXXXXX   Client waived with compensating factors. XXXX XXXXX where a minimum XXXX required. XXXXXXXXX XXXXXXXXX where a minimum of XXXXXXXXX required. XXXX is an experienced investor with a profitable track record.        08/04/2026 B 2 XXXXXXXXXX CA 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1702662 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXXXXX the credit report for the co-borrower XXXXXXX XXXXXXXXXX XXXXXXX submit       08/20/2026     A 1 XXXXXXXXXX IL 3 13 C   A   A   A   N/A N/A C   A     Exempt 1
1702662 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Satisfactory 2nd Appraisal Report   XX second appraisal was not provided. XXXXXX XXXXXXXX XXXXXXXXXXX reflects a XXXX appraisal was paid for by the borrower but was not included in the loan. XXXXXXXX a copy of the XXXX appraisal. Received XXXX full XXXX     08/21/2026     A 1 XXXXXXXXXX IL 3 13 C   A   A   A   N/A N/A C   A     Exempt 1
1702664 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal - Completion Certification   XXXX XXXXXXXXXXXX may approve the use of an appraisal not completed by an XXXX or by an  XXXX not on its approved XXXX XXXXX for arms-length purchase transactions.   Client waived with compensating factors: XXXX XXXXXXXX where a XXXX XXXX allowed with a minimum XXXX XXXXX score. XXXX qualifying XXXXX score. XXXXXXXX XXXXXXX XXXXX where a XXXXXXX XXXXX verified.        08/12/2026 B 2 XXXXXXXXXX CA 3 13 C   B   A   A   N/A N/A C   B     Exempt 1
1702666 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXXX management approval mixed use property.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX months reserves when only XXXXXXX months required.        08/25/2026 B 2 XXXXXXXXXX NY 3 13 C   B   A   A   N/A N/A C   B     Exempt 1
1702667 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXX loan file is missing the final signed XXX from the XXXXXXX loan.       07/20/2026     A 1 XXXXXXXXXX FL 1 1 A   A   A   A   A   A   A   A     Safe Harbor QM (APOR) 1
1702667 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXX XXXXXXXXXXXXX XXXXXXXXX and/or XXXXX with the correct loan amount of XXXXXXXXXXXXXX XXXXX has a XXXX with the wrong loan amount.       07/20/2026     A 1 XXXXXXXXXX FL 1 1 A   A   A   A   A   A   A   A     Safe Harbor QM (APOR) 1
1702667 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXX XXXX appraisal is missing from the file. XXXXXXXXXX from XXXXXX XXXXXXXXX XXX in the file.       07/20/2026     A 1 XXXXXXXXXX FL 1 1 A   A   A   A   A   A   A   A     Safe Harbor QM (APOR) 1
1702668 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXX file is missing the XXXXXXX XXXXXXXX XXXXXXXXXXX for departing residence with net proceeds of at least XXXXXXXXXXXXXXX       08/17/2026     A 1 XXXXXXXXXX ME 1 1 A   A   A   A   A   A   A   A     Safe Harbor QM (APOR) 1
1702673 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXXXXXX the XXXXX XXXXX XXXXXX with complete interior photos in accordance with the XXXX XXXXXXXXXXXXX XXXXXXXXXXXX Received final inspection     08/20/2026     A 1 XXXXXXXXXX CA 3 1 D   A   D   A   N/A N/A C   A     Exempt 1
1702673 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Missing/Incomplete Verbal VOE   XXXXXXXX XXXX for the primary borrower completed within XXX business days of the note, as required by the guidelines. XXXX most recent XXXX is XXXX XXXXX XXXXXXX report dated XXXXXXXXXXX with data current as of XXXXXXXXXXXXX  XXXX note is dated XXXXXXXXXXXX Received XXX day XXXX     08/20/2026     A 1 XXXXXXXXXX CA 3 1 D   A   D   A   N/A N/A C   A     Exempt 1
1702673 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Missing/Incomplete Verbal VOE   XXXXXXXX XXXX for the co-borrower completed within XXX business days of the note, as required by the guidelines. XXXX most recent XXXX is XXXX XXXXX XXXXXXX report dated XXXXXXXXXXX with data current as of XXXXXXXXXXXXX  XXXX note is dated XXXXXXXXXXXX Received XXX day XXXX     08/20/2026     A 1 XXXXXXXXXX CA 3 1 D   A   D   A   N/A N/A C   A     Exempt 1
1702675 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   XXXXXX term rental income on non-warrantable condo in XX XXXXXXX XXXXXXX XXXX   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXX months reserves when only XX months required, XXXXXXXXX income of XXXXXXXXXXXX exceeds the minimum required of XXXXXXXXX XXXX of XXXXXXXXX where the maximum allowed is XXXXX and XXXX fico score where the minimum required is XXXXX       08/13/2026 B 2 XXXXXXXXXX SC 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1702675 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   XXXXXXXXX transcripts for both borrower's personal XXXXX and business XXXXX returns.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXX months reserves when only XX months required, XXXXXXXXX income of XXXXXXXXXXXX exceeds the minimum required of XXXXXXXXX XXXX of XXXXXXXXX where the maximum allowed is XXXXX and XXXX fico score where the minimum required is XXXXX       08/13/2026 B 2 XXXXXXXXXX SC 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1702677 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXXXXXXXXX XXX more than XX vacant units at closing XXXXXXXXXX request XX vacant units at closing   COMPENSATING XXXXXXXXX XXXXXXX XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXX XXXXXXXXXX XXXXX XXXX when min fico required is XXXXX XXXXX XXXXXXX when min is XXXXXXX XXXXXX months reserves when only XX months required.       08/26/2026 B 2 XXXXXXXXXX FL 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1702677 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXXXXXXXXX XXXX of market rents for vacant units XXXXXXXXXX XXXXXXXXX XXXX of full market rents for vacant units.   COMPENSATING XXXXXXXXX XXXXXXX XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXX XXXXXXXXXX XXXXX XXXX when min fico required is XXXXX XXXXX XXXXXXX when min is XXXXXXX XXXXXX months reserves when only XX months required.       08/26/2026 B 2 XXXXXXXXXX FL 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1702680 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXX borrower does not have multifamily experience which is required for the purchase under the XXXXX unit XXXXXXXXX XXXXX XXXXX XXXXX program.   Client waived with compensating factors: XXXXX is XXXX with minimum XXXXX of XXXXXX XXXX XXXX is XXXX with a max XXXX of XXXXXX XXXX reserves are XXXXXXXXXXXXXX or XXXX months, and the minimum reserves are XX months.       08/13/2026 B 2 XXXXXXXXXX FL 3 1 C   B   A   A   N/A N/A C   B     Exempt 1
1702682 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXXXXXXXXX for the XXXXX XXXXX unit loan program reflect the minimum square footage for all units is XXXX sqft.  XXXX unit is XXXX sqft. Received XXXXX approval for XX unit XXXXX sf.     08/13/2026     A 1 XXXXXXXXXX PA 3 13 C   B   C   B   N/A N/A C   A     Exempt 1
1702683 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXX guidelines XXXXXX use properties are not allowed. XXXXXXXXXX identifies property as mixed use.  XXX says XXXX commerical space is vacant as well as one of the apartments.   Received exception approval for mixed use property. comp XXXXXXXX - score XXXXX min XXXXX XXXXX XXXXXXX min XXXXXX       08/14/2026 B 2 XXXXXXXXXX PA 3 1 C   B   A   A   N/A N/A C   B     Exempt 1
1702685 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - 2yr Employment history not verified   XXXX application does not reflect the borrower's employment history for a two year period required by the guidelines.  XXXXX the borrower's current self-employment from XXXXXXXXXXX to current was stated when guidelines require a two employment history be stated.   Borrower XXXX for less than XX years, however noted in the loan file prior employment for XXX yrs XXXXXX XXXXX for XXXXXXX XXXXXXXXXXXXXXX XXXXXXX XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX  XXXX XXXX when the max is XXXXX XXXXXXXXX XXXX when the max is XXXXXXXXX XXXXXXXXXXXX residual income when only XXXXXXXX is required.       08/14/2026 B 2 XXXXXXXXXX GA 1 1 D   B   D   B   A   A   A   A     Non-QM 1
1702670 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XX appraisals, approved by XXXXX management to use higher value (with review supporting higher value)   Waived with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXX score where the minimum required is XXXX and XXXXXXXXX income of XXXXXXXXX exceeds the minimum required of XXXXXXXXX        08/07/2026 B 2 XXXXXXXXXX UT 1 3 D   B   D   B   A   A   C   B     Non-QM 1
1702670 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW - LTV/CLTV does not meet parameters   XXXX XXXX per program XXXXXX   Waived with XXXXXXXXXXXXX XXXXXXXXX XXXX fico score where the minimum required is XXXX and XXXXXXXXX income of XXXXXXXXX exceeds the minimum required of XXXXXXXXX        08/07/2026 B 2 XXXXXXXXXX UT 1 3 D   B   D   B   A   A   C   B     Non-QM 1
1702670 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Missing/Incomplete VOE   XXXXXXXX XXXXX prior to closing. Received XXXX     08/07/2026     A 1 XXXXXXXXXX UT 1 3 D   B   D   B   A   A   C   B     Non-QM 1
1702670 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Satisfactory 2nd Appraisal Report   nd appraisal was not provided. XXXXXXXXXX in the amount of XXXXXXXXXXXXXXXX was not included in the loan file for review. CDA received.     08/10/2026     B   2 XXXXXXXXXX UT 1 3 D   B   D   B   A   A   C   B     Non-QM 1
1702685 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   XXXX borrower's self-employed income is from a business that has been opened less than XX years but more than XX year.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX  XXXX XXXX when the max is XXXXX XXXXXXXXX XXXX when the max is XXXXXXXXX XXXXXXXXXXXX residual income when only XXXXXXXX is required.       08/13/2026 B 2 XXXXXXXXXX GA 1 1 D   B   D   B   A   A   A   A     Non-QM 1
1702685 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Assets   UW Assets - UW - Shorts Funds for Reserves   XXXXX is short total funds to close and reserves required. XXXXXX to close were XXXXXXXXXXXXX and the required reserves were XXXXXXXXXXXXXXX XXXXX XXXXXXXXXXXXX was verified, leaving a shortage of XXXXXXXXXXXXX   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX  XXXX XXXX when the max is XXXXX XXXXXXXXX XXXX when the max is XXXXXXXXX XXXXXXXXXXXX residual income when only XXXXXXXX is required.       08/14/2026 B 2 XXXXXXXXXX GA 1 1 D   B   D   B   A   A   A   A     Non-QM 1
1702686 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   XXXXXXXX loan amount of XXXXXXXXXXXXXXXX which exceeds max loan amount of XXXXXXXXXXXXXXXXXX   Client waived with compensating factors: XXXXXXXXX income of XXXXXXXXXX where XXXXX is required, XXXX months of reserves where XXXXXX is required.  XXXX XXXXX score where is minimum required.       08/04/2026 B 2 XXXXXXXXXX UT 1 13 C   B   C   B   C   A   C   B     Non-QM 1
1702686 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Assets   UW Assets - UW - Asset Other   XXXXXXXX borrower to receive over XXXXXXXXXX in cash out where maximum allowed is XXXXXXXXXXXXXXXX   Client waived with compensating factors: XXXXXXXXX income of XXXXXXXXXX where XXXXX is required, XXXX months of reserves where XXXXXX is required.  XXXX XXXXX score where is minimum required.       08/04/2026 B 2 XXXXXXXXXX UT 1 13 C   B   C   B   C   A   C   B     Non-QM 1
1702686 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Satisfactory 2nd Appraisal Report   XXXXXXXX two appraisals from same XXXXX approved with two vision reviews.   Client waived with compensating factors: XXXXXXXXX income of XXXXXXXXXX where XXXXX is required, XXXX months of reserves where XXXXXX is required.  XXXX XXXXX score where is minimum required.       08/04/2026 B 2 XXXXXXXXXX UT 1 13 C   B   C   B   C   A   C   B     Non-QM 1
1702686 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Compliance Compliance   Compliance - Pending Internal completion of compliance fee tests.  Additional conditions may apply.     Information provided     08/20/2026     A 1 XXXXXXXXXX UT 1 13 C   B   C   B   C   A   C   B     Non-QM 1
1702686 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Compliance Compliance   Compliance - TRID- Fee Tolerance Violation   XXXXX is failing XXX tolerance for the increase in the XXXXXXX XXXXXXX XXXXXXX fee on the XXXXX XXX without a valid explanation on the XXXX provided.  XXXXX is also failing XXXX tolerance for the increase in  XXXX XX fees due to the XXXXXXXXXXX fee being payable to a company listed on the XXXXX and therefore needs to be moved to XXXX XX causing this tolerance violation.  XXXXXX violation amount is XXXXXXXX  XXXXX a XXXXX with cure, lox to borrower, proof of refund, and evidence of payment shipped, all within XXX days of consummation XXXXXX Information provided     08/20/2026     A 1 XXXXXXXXXX UT 1 13 C   B   C   B   C   A   C   B     Non-QM 1
1702686 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   XXXXXXXX borrower to qualify on income of one business without verifying losses from other businesses owned by the borrower.   Client waived with compensating factors: XXXXXXXXX income of XXXXXXXXXX where XXXXX is required, XXXX months of reserves where XXXXXX is required.  XXXX XXXXX score where is minimum required.       08/04/2026 B 2 XXXXXXXXXX UT 1 13 C   B   C   B   C   A   C   B     Non-QM 1
1702689 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Compliance Compliance   Compliance - Pending Internal completion of compliance fee tests.  Additional conditions may apply.     Information provided     08/13/2026     A 1 XXXXXXXXXX AR 1 1 C   B   A   A   C   A   C   B     Non-QM 1
1702689 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXXXX properties on all programs require XXXXXXX XXXXXXXXXXX approval. XXXXXXXX is XXXXX XXXXX rural property. XXXXXXXXXX approval from senior management allowing for rural property in file.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXX of XXXX where the max allowed is XXXXX XXXXXXXXXX reserves when only XXXXXXXX required, and XXXX fico score where the minimum required is XXX       08/10/2026 B 2 XXXXXXXXXX AR 1 1 C   B   A   A   C   A   C   B     Non-QM 1
1702690 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXX per XXXXXXXXX guidelines, the maximum payment shock is XXXXX XXXXX exceeds XXXX   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXX years self employed. XXXXXXXXX income of XXXXXXXXXXX versus the required XXXXXXXXX XXXXXXXXX reserves is XX months. XXXXXXXXX has XXXXXX months reserves.       08/13/2026 B 2 XXXXXXXXXX FL 1 1 D   B   D   B   A   A   A   A     Non-QM 1
1702691 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   XXXXXXXXXXX require the borrowers to be self-employed for XX years when qualifying under the XXXX statement program.  XXXX borrowers have been self-employed less than XX years.  XXXXXXX approved exception in file.   XX.XX% XXXXX XXXXX required. XXXX credit score, XXXX is required. XXXXXXXX in residual income, XXXXXXXX required. XXXXX XXX months in reserves, XX months required.        08/13/2026 B 2 XXXXXXXXXX IN 1 1 C   B   C   B   A   A   A   A     Non-QM 1
1702691 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Calculation Discrepancy rental income   XXXXXXXXXXX require short term rental income to deduct an expense ratio from the rental income. XXXX lender used XXXXX of deposits from the short term rental income for the property located on XXXXX XXXXXXXX XXXXXXX XXXXXXX approved exception in file.   XX.XX% XXXXX XXXXX required. XXXX credit score, XXXX is required. XXXXXXXX in residual income, XXXXXXXX required. XXXXX XXX months in reserves, XX months required.        08/13/2026 B 2 XXXXXXXXXX IN 1 1 C   B   C   B   A   A   A   A     Non-QM 1
1702693 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit Flood Certificate   Flood Certificate - Flood insurance is required - Flood policy missing   XXXXXXX provide the condo flood policy. Information provided     08/14/2026     A 1 XXXXXXXXXX FL 1 3 D   A   D   A   A   A   A   A     Non-QM 1
1702693 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit Hazard Insurance   Hazard Insurance - If Condo, blanket coverage policy is missing    XXXXXXX provide the master condo policy. Information provided     08/14/2026     A 1 XXXXXXXXXX FL 1 3 D   A   D   A   A   A   A   A     Non-QM 1
1702693 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Missing/Incomplete Verbal VOE   XX verbal verification of employment must be obtained for each borrower using employment or self-employment income to qualify. XXXX verbal XXXX must be obtained within XXX business days prior to the note date for employment income, and within XXX calendar days prior to the note date for self employment income. Received XXXX     08/14/2026     A 1 XXXXXXXXXX FL 1 3 D   A   D   A   A   A   A   A     Non-QM 1
1702694 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Valuation UW Collateral TPR   UW Collateral TPR - UW - Second collateral evaluation is required.   XXXXXXX valuation is missing from the file. Received XXX     07/23/2026     A 1 XXXXXXXXXX ME 1 1 C   A   C   A   C   A   C   A     Non-QM 1
1702694 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Compliance Disclosure   Disclosure - ECOA- missing evidence of disclosure of appraisal report to borrower promptly upon completion or within 3 days of closing, or evidence that borrower waived right to receive   XXXXX evidence XXXXXXXXXX report was received by the borrower.       07/24/2026     A 1 XXXXXXXXXX ME 1 1 C   A   C   A   C   A   C   A     Non-QM 1
1702697 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Assets   UW Assets - UW - Shorts Funds for Reserves   XX months reserves per program requirement. XXXXXXXXX has less than XX months reserves verified. Received additional funds for XXXX months reserves.     08/18/2026     A 1 XXXXXXXXXX UT 3 3 C   A   C   A   N/A N/A A   A     Exempt 1
1702698 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit Hazard Insurance   Hazard Insurance - is missing.   XXXXXX of XXXXXXXXXX missing from file Information provided     08/14/2026     A 1 XXXXXXXXXX SC 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1702698 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit - Minimum FICO   XXXXXXXXX qualifying XXXXX of XXXX does not meet the guideline minimum of XXXX for XXXXXXXXX XXXXX XXXXX XXXXX with a XXXXX XXXXXX < XXX   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXX months reserves and XX x XXX mortgage payment history.        08/13/2026 B 2 XXXXXXXXXX SC 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1702699 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Compliance Disclosure   Disclosure - RESPA- need evidence of disclosure of Housing Counseling Organizations within 3 days of application   XXXXXXXXXXXX date is XXXXX Information provided     08/20/2026     A 1 XXXXXXXXXX MA 1 1 D   B   D   B   C   A   A   A     Safe Harbor QM (APOR) 1
1702699 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Missing/Incomplete Verbal VOE   XXXXXXXX XXXXX XXX days prior to closing. Received XXX day XXXX     08/18/2026     A 1 XXXXXXXXXX MA 1 1 D   B   D   B   C   A   A   A     Safe Harbor QM (APOR) 1
1702699 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   XXX mgmt approved verification of birthdate of adult XXXXXX children to confirm over age XXX and payments have continued, ok to accept continuation for XX years verified.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXX months reserves when only XX months required.       08/18/2026 B 2 XXXXXXXXXX MA 1 1 D   B   D   B   C   A   A   A     Safe Harbor QM (APOR) 1
1702700 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Compliance Compliance   Compliance - TRID- Fee Tolerance Violation   XXXXX tolerance violation of XXXXXXXXX due to increase in appraisal fee with no valid coc XXXXXX in file is not valid).  XXXXXXX provide evidence of refund along with XXXX to borrower and XXXXX reflecting cure.  XXXX must be issued within XXX days of consummation Information provided     08/24/2026     A 1 XXXXXXXXXX AZ 1 13 C   A   A   A   C   A   A   A     Non-QM 1
1702702 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Compliance Compliance   Compliance - TRID- Fee Tolerance Violation   XXXX tolerance violation of XXXXXXXXX due to increase in recording fee with no valid coc.  XXXXXXX provide evidence of refund along with XXXX to borrower and XXXXX reflecting cure.  XXXX must be issued within XXX days of consummation Information provided     08/24/2026     A 1 XXXXXXXXXX GA 1 1 C   A   C   A   C   A   A   A     Non-QM 1
1702704 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXXXXXXX history for the past XXX months on XXXXXXX XXXXXXXXX XXXXXXX exceeds XXXXXXXXXX  XXXXXXX rating is XXXXXXXX rolling.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXX borrower owns primary free and clear XXXX borrower has been refinanced off the property reporting XXXXX delinquency XXXX XXXX XXXX with XXXXXX post-closing reserves on a rate/term refinance.       08/14/2026 B 2 XXXXXXXXXX AZ 3 3 C   B   C   B   N/A N/A A   A     Exempt 1
1702704 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXXXXXXXXX seasoning on subject property is less than XX months.  XXXXXXX ownership since XXXXXXXXXXX   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXX borrower owns primary free and clear XXXX borrower has been refinanced off the property reporting XXXXX delinquency XXXX XXXX XXXX with XXXXXX post-closing reserves on a rate/term refinance.       08/14/2026 B 2 XXXXXXXXXX AZ 3 3 C   B   C   B   N/A N/A A   A     Exempt 1
1702706 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXXX term rentals not permitted for XXXXX time investors. XXXXXXXXX in file to allow XXXXX time investor on XXXXXXX   Client waived with compensating factors: XXXX XXXXX when the minimum requirement is XXXXXX XXX months reserve when the minimum requirement is XX months. XXXXXXXXXXXX homeowner.        08/13/2026 B 2 XXXXXXXXXX FL 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1702708 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Other   UW Other - UW - Title Commitment is missing or requires correction.   XXXXXXXX the XXXXXX XXXXXXXXXXXXX  XXXXX a XXXXXX of XXXXXX was provided. Received title commitment     08/12/2026     A 1 XXXXXXXXXX AR 3 1 D   A   D   A   N/A N/A A   A     Exempt 1
1702709 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   XXXXXXXX XXXXX than XX years self-employed as required by guidelines.   Client waived with compensating factors: XXXX XXXXXXXXXXX XXXXX where XXXX is min required. XXXXXXXXXX in reserves post closing. XXXXXXXXX income of XXXXXXXXX where XXXXX is required.       08/13/2026 B 2 XXXXXXXXXX AZ 1 3 C   B   C   B   A   A   A   A     Non-QM 1
1702711 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXXXXX final, fully executed closing disclosure for XXXXXXX loan and all supporting documents.       08/19/2026     A 1 XXXXXXXXXX ID 1 1 C   B   A   A   A   A   C   B     Non-QM 1
1702711 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXXXX properties on all programs require senior management approval. XXXXXXXXXX approval in file allowing for subject property to be rural on just over XXX acres.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXX of XXXX where the max allowed is XXXXX XXXXXXXXX reserves when only XXXXXX required, XXXXXXXXXX current mortgage payment history and XXXX fico score where the minimum required is XXX       08/19/2026 B 2 XXXXXXXXXX ID 1 1 C   B   A   A   A   A   C   B     Non-QM 1
1702716 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   XXXXXX XXXXX rental monthly amount from XXXXXXX is greater than XXXXX rent value. XXXXXXXXX is short term rental. XXXXXXXXXX approval from senior management allowing use of XXXXXXX amount in file Information provided     08/12/2026     A 1 XXXXXXXXXX FL 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1702716 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   XXXXX program required use of only XXXX of XXXX income. XXXXXX XXXXX rental monthly amount from XXXXXXX is greater than XXXXX rent value. XXXXXXXXX is short term rental. XXXXXXXXXX approval from senior management allowing use of XXXXXXX amount without XXXX haircut in file   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXXXX reserves when only XXXXXXXXX required, and XXXX fico score where the minimum required is XXX       08/12/2026 B 2 XXXXXXXXXX FL 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1702719 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXXXXXX XXXXXXXXXXXXXX missing from the file. HOI received reflects "all/in" coverage.     08/17/2026     A 1 XXXXXXXXXX CT 1 1 C   A   C   A   A   A   A   A     Safe Harbor QM (APOR) 1
1702720 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW - LTV/CLTV does not meet parameters   XXXX XXXX on non-warrantable condo on the XXXX statement program is XXXXX subject is XXXX using XX stacked points. XXXXXXXXXX approval from senior management allowing XXXX XXXX in file.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXXXX reserves when only XXXXXXX required, residual income of XXXXXXXX when only XXXXXXX is required and XXXX fico score where the minimum required is XXX       08/13/2026 B 2 XXXXXXXXXX FL 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1702722 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Assets   UW Assets - UW - Shorts Funds for Reserves   XXXXXXXXXXX require XX months reserves XXXXXXXXXXX XXXXXXXXX has XXXXXX months reserves   COMPENSATING XXXXXXXXX XXXXXXX XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXX XXXXX XXXX when min XXXXX is XXXXX XXXXXXXXXX mtg and payment history, XXXX XXXX when max XXXX allowed is XXXXX XXXX XXXXXXXXX when max allowed is XXXX XXXXXXXXXXXX       08/14/2026 B 2 XXXXXXXXXX AZ 1 13 C   B   C   B   A   A   A   A     Non-QM 1
1702723 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXX guidelines for the XXXXX loan program, the minimum square footage for all units must be over XXXX sqft. XXXXXXXX property has one unit at XXXX sqft.   Compensating factors - score XXXXX min XXXXX XXXXX XXXXXX - min XXXXXXXX experienced investor.       08/25/2026 B 2 XXXXXXXXXX CT 3 1 C   B   C   A   N/A N/A C   B     Exempt 1
1702723 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Assets   UW Assets - UW - Shorts Funds for Reserves   XXXX guidelines for the XXXXX loan program, XX months reserves were required. XXXXXXXXX provided XXXXXX months reserves. Received XXX XXXXX approval for reserves     08/25/2026     A 1 XXXXXXXXXX CT 3 1 C   B   C   A   N/A N/A C   B     Exempt 1
1702724 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXXXXX final XXX for the XXXXXXXXXXXX XXXXXXX XXXXX funded by XXXXXXXXX showing net proceeds of at least XXXXXXXXXXXXXX and the payoffs of XXXXXXXXXXX XXXXXXXXX XXXXXXX XXXXXXXXXX and XXX XXXXX XXXXXXX XXXXXXXXXXX       08/20/2026     A 1 XXXXXXXXXX CA 1 1 B   B   A   A   B   B   A   A     Safe Harbor QM (APOR) 1
1702726 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Other   UW Other - UW - Title Commitment is missing or requires correction.   XXXXX XXXXXXX on XXXXXX XXXXXXX XXXXXXXXXXXXXXX XXXXX XXXX XXXXXX XXXXXXXXX XXXXX XXXXXXX XXXXXXXXXXXXXXX Received revised title     08/18/2026     A 1 XXXXXXXXXX CO 3 1 D   A   D   A   N/A N/A C   A     Exempt 1
1702726 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXXX XXXX is XXXX sqft and XXXXX XXXX is XXXX sqft.  XXXX is the minimum square footage per unit required by the XXXXX XXXXX XXXXXXXXX XXXXX XXXXX XXXXXXXXX Sr XXXXX approved XX     08/18/2026     A 1 XXXXXXXXXX CO 3 1 D   A   D   A   N/A N/A C   A     Exempt 1
1702727 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXXX appraisal report classifies the subject property as being in a rural area.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXX XXXX cash down payment XXXX XXXX under XXXX XXXX residual income of XXXXXXXXX is greater than the minimum required residual income of XXXXXXXXXX       08/17/2026 B 2 XXXXXXXXXX WI 2 1 C   B   C   B   A   A   A   A     Non-QM 1
1702728 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Self-Employment status required   XXXX letter states XXX is XXXXX owner but XXXX states that XX people own XXXX each. XXXXX to determine who these XX owners may be. XXX states both borrowers own XXXX each. XXXXX proof of such. Revised XXXX provided      09/02/2026     A 1 XXXXXXXXXX UT 1 1 C   A   C   A   A   A   A   A     Non-QM 1
1702728 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Credit   UW Credit - UW - Satisfactory 12 mth Rental   XX private XXXX is not allowed for a XXXXX time homebuyer as per XXXXXXXXX guidelines. XXXXX have cancelled checks. Received rental history with cancelled checks and XXX     08/20/2026     A 1 XXXXXXXXXX UT 1 1 C   A   C   A   A   A   A   A     Non-QM 1
1702729 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXXXX XXXXXXXXXXX approved XXXXXXXXX XX program for a XXXXXX subject property on XXXXX acres at XXXX XXXXXX   Client waived with compensating factors: XXXX XXXX of XXXX XXXXXX max allowed); cash down payment of XXXXXX        08/14/2026 B 2 XXXXXXXXXX SC 1 1 C   B   C   B   A   A   A   A     Non-QM 1
1702731 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XX minimum of XX tradelines with at least XX active is required per the guidelines for the XXXXXXXXX XXX month XXXX statement loan program. XXXX borrower only has XX tradelines both active with XX years credit depth.   Client XXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXXX has minimal debt overall; XX years of credit depth, and has been self-employed for XX years.       08/13/2026 B 2 XXXXXXXXXX OR 1 1 C   B   C   B   A   A   A   A     Non-QM 1
1702733 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXXXXX final XXX from bridge loan.       08/17/2026     A 1 XXXXXXXXXX CA 1 1 C   B   C   B   A   A   A   A     Safe Harbor QM (APOR) 1
1702734 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXXXXXXXXXX for the XXXXX loan program require when closing as an XXXXXXX the XXXXXXXXXX XXXXXXXXXX of the XXXXXXX be provided. XXX operating agreement was provided. Received XXXXXXXXXX XXXXXXXXX     08/17/2026     A 1 XXXXXXXXXX NC 3 13 C   A   C   A   N/A N/A A   A     Exempt 1
1702737 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Valuation Appraisal   Appraisal - is missing   XXXXXXXX full appraisal Information provided     08/28/2026     B   2 XXXXXXXXXX TN 3 3 C   B   A   A   N/A N/A C   B     Exempt 1
1702737 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXX file is missing a copy of the XXXXXXXXXX report. Appraisal received. XXXXXX XXXXX ratio, XXXXXX required.       08/27/2026     A 1 XXXXXXXXXX TN 3 3 C   B   A   A   N/A N/A C   B     Exempt 1
1702737 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXXXXXXXXX indicate that if land area property is agriculture, the property is deemed rural. XXXX XXXXXXXXXX indicates the property surrounding the area under XXXXXX XXXXX XXXX is XXXXXXXXXXXXXX XXXXXXX approved exception in file.   Waived with compensating factors: months reserves required, XXXXX XXX months verified. XXXXX XXXXXXXX mortgage late payments, XXXXXXXX required.        08/27/2026 B 2 XXXXXXXXXX TN 3 3 C   B   A   A   N/A N/A C   B     Exempt 1
1702739 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXX approvl in file XXX properties, rural dscr, XXXX XXXX max ltv.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXX months reserves when only XX months required, XX x XXX payment history and experienced investor.       08/27/2026 B 2 XXXXXXXXXX TN 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1702740 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXX per XXXXXXXXX guidelines, a XXXXXXXXX cannot own more than XXX financed properties. XXXXXXXXX has more than XXX mortgaged properties.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX  XXXXXXXX on one mortgage and XXXXX on all other mortgages, XXXXXXXX XXXXX is XXXXXXX XXXXX XXXXX is XXXXXXXX XX minimum of XX months reserves are required. XXXXXXXXX has XXXXXXX mo reserves.       08/26/2026 B 2 XXXXXXXXXX TN 3 3 C   B   C   B   N/A N/A A   A     Exempt 1
1702741 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW - Cash Back Exceeds Limit   XXXXXXXXXXX for the XXXXX loan program reflect maximum cash out when XXXXX is less than XXXX is XXXXXXXXXXXXXXXX  XXXXXXXXX XXXXX is XXXX and received XXXXXXXXXXXXXXX   Client waived with compensating factors: XXXXXXXXXXXX investor; XXXXX > XX XXXXXXXXXXX XXXX XXXXX XXX       08/26/2026 B 2 XXXXXXXXXX MI 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1702742 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXX management approval XXXXX below XXXXX with XXXXX below XXXX on XXXXX   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXX months reserves when only XXX months required.        08/19/2026 B 2 XXXXXXXXXX CA 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1702742 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW - Cash Back Exceeds Limit   XXXX cash out per program XXXXXXXXXXX   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXX months reserves when only XXX months required.        08/19/2026 B 2 XXXXXXXXXX CA 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1702743 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXXXXXX property XXXX square foot < XXXX minimum square foot required per guidelines.   Exception approval received for square footage less than XXXXXX XXXXX factors - fico XXXXX min XXXXX XXX months reserves - min XX months, XXXX XXXX max XXXXX       08/18/2026 B 2 XXXXXXXXXX HI 3 1 C   B   A   A   N/A N/A C   B     Exempt 1
1702745 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Assets   UW Assets - UW - Asset Other   XXXXXXXX signatures and date on the XXXXXXX XXXXX XXX in the file. XXXXXXX provide the signed and dated XXXXX Received bridge loan XX     08/14/2026     A 1 XXXXXXXXXX IL 1 1 C   A   C   A   A   A   A   A     Higher Priced QM (APOR) 1
1702745 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Self-Employed verify business   XXXXXXXX XXXXX for XXX dated within XXX days of closing. Received XXXX     08/14/2026     A 1 XXXXXXXXXX IL 1 1 C   A   C   A   A   A   A   A     Higher Priced QM (APOR) 1
1702746 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXX per XXXXXXXXX guidelines, the maximum XXXX is XXXX for a cash out. XXXXX XXXX is XXXXX   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX  XXXXXXXXX reserves are XX months. XXXXXXX reserves are XXXXXXX mo.  XXXXXXXXX history on a current mortgage is XXXXXXXXXXX XXXX minimum score is XXXXXX XXXX borrowers score is XXXXX       08/18/2026 B 2 XXXXXXXXXX CA 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1702746 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXX per XXXXXXXXX guidelines, the minimum unit size is XXXX XXXXX XXXXX are below XXXX XXXX   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX  XXXXXXXXX reserves are XX months. XXXXXXX reserves are XXXXXXX mo.  XXXXXXXXX history on a current mortgage is XXXXXXXXXXX XXXX minimum score is XXXXXX XXXX borrowers score is XXXXX       08/18/2026 B 2 XXXXXXXXXX CA 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1702750 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXXXXXXXXX XXXXXXXX XXX is XXXXXXX XXXXXXXXXX XXXXXXXXX XXXXXXXXX XXX of XXXXXX   COMPENSATING XXXXXXXXX XXXXXXX XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXX experienced investor, XXXXX XXXX when min XXXXX required is XXXXX XXXXXXX when max XXXX is XXXXX XXXXX XXXXXXX when min XXXXX required is XXXXXX XXXXXXX months reserves when only XX months reserves is required.       08/18/2026 B 2 XXXXXXXXXX OH 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1702750 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXXXXXXXXX XXXXXXXXX XXXX multifamily experience required. XXXXXXXXXX XXXXXXXXX XXX previous XXXX unit experience   COMPENSATING XXXXXXXXX XXXXXXX XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXX experienced investor, XXXXX XXXX when min XXXXX required is XXXXX XXXXXXX when max XXXX is XXXXX XXXXX XXXXXXX when min XXXXX required is XXXXXX XXXXXXX months reserves when only XX months reserves is required.       08/18/2026 B 2 XXXXXXXXXX OH 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1702750 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXXXXXXXXX all units must be occupied. XXXXXXXXXX XXXXXXXXX XX vacant unit at time of purchase approved.   COMPENSATING XXXXXXXXX XXXXXXX XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXX experienced investor, XXXXX XXXX when min XXXXX required is XXXXX XXXXXXX when max XXXX is XXXXX XXXXX XXXXXXX when min XXXXX required is XXXXXX XXXXXXX months reserves when only XX months reserves is required.       08/18/2026 B 2 XXXXXXXXXX OH 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1702751 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXXXXX final signed and dated XXXXXXX loan XXX for the borrowers property located at XXXXXX XXXXXXX XXXXXXX XXXXXXX XXXXXX XXX with proceeds of approximatedly XXXXXXXXXXXXX TPS XXXXXX XXXXXXXXXX     08/19/2026     A 1 XXXXXXXXXX OR 1 1 A   A   A   A   A   A   A   A     Non-QM 1
1702754 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXXXXXXXXX for the XXXXX loan program require the subject property to be a minimum of XXXX square feet.  XXXXXXXX property is XXXX square feet.   Client waived with compensating factors: XXXX XXXX of XXXXX seasoned investor; reserves over XXXXXXXXX       08/21/2026 B 2 XXXXXXXXXX TN 3 13 C   B   A   A   N/A N/A C   B     Exempt 1
1702755 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Assets   UW Assets - UW - Asset Other   XXXXXXXXXXX for the XXXXX loan program reflect XXXXX XXXXXX are not allowed.  XXXXX funds of XXXXX and XXXXXX were approved by senior management.   Client waived with compensating factors: XXXXXXX XXXXX XXXXX XXXX revolving utilization; experienced investor greater than XXX months.        08/21/2026 B 2 XXXXXXXXXX FL 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1702755 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXXXXXXXXXX for the XXXXX loan program reflect credit event seasoning of XXX months with acceptable re-established credit. XXXXXXXXX has a bankruptcy discharged less the XX years.   Client waived with compensating factors: XXXXXXX XXXXX XXXXX XXXX revolving utilization; experienced investor greater than XXX months.       08/21/2026 B 2 XXXXXXXXXX FL 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1702756 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXXXX property purchase for a XXXXX-time homebuyer needs to be approved by management.   Client waived with compensating factors: XXXX XXXX where an XXXX XXXX allowed. XXXXXXXX residual income where a XXXXXXXX residual income required. XXXX XXXXX where a minimum XXXX XXXXX required.       08/25/2026 B 2 XXXXXXXXXX CA 1 1 C   B   C   B   A   A   C   B     Non-QM 1
1702756 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXXXXXXX shock greater than XXXXXX requires management approval.   Client waived with compensating factors: XXXX XXXX where an XXXX XXXX allowed. XXXXXXXX residual income where a XXXXXXXX residual income required. XXXX XXXXX where a minimum XXXX XXXXX required.       08/25/2026 B 2 XXXXXXXXXX CA 1 1 C   B   C   B   A   A   C   B     Non-QM 1
1702756 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Assets   UW Assets - UW - Gift Letter (fully executed)   XXXXX of all down payment coming from gift funds required management approval.   Client waived with compensating factors: XXXX XXXX where an XXXX XXXX allowed. XXXXXXXX residual income where a XXXXXXXX residual income required. XXXX XXXXX where a minimum XXXX XXXXX required.        08/25/2026 B 2 XXXXXXXXXX CA 1 1 C   B   C   B   A   A   C   B     Non-QM 1
1702757 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Compliance Compliance   Compliance - TRID LE- Other   missing XXX issued XXXX (per tracking) Information provided     08/31/2026     A 1 XXXXXXXXXX TN 1 1 C   A   A   A   C   A   A   A     Safe Harbor QM (APOR) 1
1702758 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit report is expired   XXXX guidelines allow the original credit bureau report to be no older than XXX days as of the XXXXX date. XXXX credit report is over XXX days old. XXXXXXXXXXX up to XXXX days with senior management approval is allowed; however, the approved exception is not reflected on the XXXXX XXXXXXXX XXXXXXXXXX Received XXX XXXXX approval for credit date     08/25/2026     A 1 XXXXXXXXXX VA 3 13 D   A   D   A   N/A N/A A   A     Exempt 1
1702759 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXX is missing XXXXXX XXXXXXX XX       08/25/2026     A 1 XXXXXXXXXX WA 1 1 C   B   C   B   A   A   A   A     Safe Harbor QM (APOR) 1
1702759 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW - LTV/CLTV does not meet parameters   XXXXXXXXX XXXXXXXXX  XXXX XXXX is XXXX for loan above XXXXXXXXXXXXX   Client waived with compensating factors: XXXXXXXXX income of XXXXXXXXXX where XXXXX is required. reserves of XXXXXXXXXXXXX after closing, XXXXX of XXXX where XXXX is minimum required.        08/25/2026 B 2 XXXXXXXXXX WA 1 1 C   B   C   B   A   A   A   A     Safe Harbor QM (APOR) 1
1702759 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXXX exceeds maximum per guidelines. XXXX XXXX is XXXX with XXXX of XXXXXX XXXX is XXXXXXXXX   Client waived with compensating factors: XXXXXXXXX income of XXXXXXXXXX where XXXXX is required. reserves of XXXXXXXXXXXXX after closing, XXXXX of XXXX where XXXX is minimum required.        08/25/2026 B 2 XXXXXXXXXX WA 1 1 C   B   C   B   A   A   A   A     Safe Harbor QM (APOR) 1
1702638 XXXXXXXXXXX XXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   XXXXXXXX leases, tax and insurance information for properties at XXXXXX XXXXX XXXXXX XXXXXX XXXXXXXXXX XXX and XXXXXX XXXXXX XXXXX XXXXXXXXXXXX XXX for income reported as XXXXXXXXXXXXXX   Client waived with compensating factors: XXXXXXXXX income XXXXXXXXXXXX experienced XXXXXXXXXX XXXX  XXXXX when the minimum requirement is XXXXX Reviewer 07/24/2026 01:01 PM; Received mortgage statements with escrow for properties listed. XXXX not receive leases

 Reviewer 07/29/2026 12:34 PM; the exception provided did not specifically approve the absence of the leases for XXXXXX XXX the rental income is not verified please remove the rental income and use the full XXXX

     08/20/2026 B 2 XXXXXXXXXX WA 3 3 D   B   D   B   N/A N/A A   A     Exempt 1
1702647 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXXXXXXX final XXXXXXXX XXXXXXXXXXXX from other two properties refinanced/closed same day as subject to verify sufficient funds to close meets rate/term guidelines and payoff of the existing blanket mortgage reflected on title XXXXXXXXX XXX XXXXX XX item XXXX Received XXXXX from XX properties refinanced.     08/21/2026     A 1 XXXXXXXXXX SC 3 3 C   A   C   A   N/A N/A A   A     Exempt 1
1702665 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Assets   UW Assets - UW - Asset Other   XXXXXXXX the final closing disclosure from the refinance of the property owned by XXXXX XXXXX at XXXXX XXXXXXX XXXXX XXX XXXXXXXXX XXX XXXXXX with proceeds at approximately XXXXXXXXXXXXXXXX Proceeds of XXXXXXXXXXXXX satisfies the reserves XXXXXXXXXX months)    Reviewer 08/12/2026 02:39 PM; Document received and file returned to XXXXXXX XXX for review. XXXX amount of net proceeds is less than requested.

 08/13/2026     A 1 XXXXXXXXXX CA 3 3 C   A   C   A   N/A N/A A   A     Exempt 1
1702694 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   XXXXXXXXXXXX XXXXXXXXXX XXXXXXXXX verifying XXXXXXXXXXXX per month is missing from the file. XXXX analysis in file reflects total income XXXXXXXXXXXXX ( XXX XXXXXXXXXXX XXX there is an additional XXXX statement used for additional income, XXXX statement for additional XXXX statements must be provided. Information provided   Reviewer 07/23/2026 09:01 PM; Documents received and file returned to XXXXXXX XXX for review.

 07/24/2026     A 1 XXXXXXXXXX ME 1 1 C   A   C   A   C   A   C   A     Non-QM 1
1702638 XXXXXXXXXXX XXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   XXXXXXXX paystubs for both borrowers to complete XX months paystubs required under the XXXXX doc program.   Client waived with compensating factors: XXXXXXX waived with compensating factors: XXXXXXXXX income XXXXXXXXXXXX experienced XXXXXXXXXX XXXX  XXXXX when the minimum requirement is XXXXX Reviewer 07/24/2026 01:02 PM; Pay stubs received but did not include a full month for XXXXXXX

     08/20/2026 B 2 XXXXXXXXXX WA 3 3 D   B   D   B   N/A N/A A   A     Exempt 1
1702651 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit Closing Package   Closing Package -    XXXXXX XXX XXXXX not reflect XXXXXXXXX only Information provided   Client 08/17/2026 04:19 PM; Hi, this is a business purpose loan, reg XX does not apply. XXXXXXXX

 Reviewer 08/17/2026 04:20 PM;

 Reviewer 08/18/2026 10:57 AM; Hello&#x0D;
XXXX projected payment section of the XXX is still in scope, loan closed as a XXX yr XXX yr XXX however the XXX reflects XXXXX fixed in the projected payment section on page XXXXX
&#x0D;
XXXXXX

 08/20/2026     A 1 XXXXXXXXXX MA 3 3 C   A   C   A   N/A N/A A   A     Exempt 1
1702663 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXXX management approval mixed use property, XX residential units and a nail salon.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXX months reserves when only XX months required. Reviewer 08/12/2026 11:09 AM;

    08/12/2026 B 2 XXXXXXXXXX WI 3 1 C   B   A   A   N/A N/A C   B     Exempt 1
1702689 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Compliance Compliance   Compliance - TRID- Fee Tolerance Violation   XXXXXXXXXX exceeded by XXXXX due to the increase in XXXX fee with no XXXXX please provide proof of refund, XXXX and XXXXX reflecting the cure within XXX days of consummation XXXXXXXXX Information provided   Reviewer 08/11/2026 09:21 AM; No documentation provided

 08/13/2026     A 1 XXXXXXXXXX AR 1 1 C   B   A   A   C   A   C   B     Non-QM 1
1702727 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXXXXXXXX is purchasing a second home with having a mortgage history.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXX XXXX cash down payment XXXX XXXX under XXXX XXXX residual income of XXXXXXXXX is greater than the minimum required residual income of XXXXXXXXXX Reviewer 08/17/2026 07:13 PM; Correction - the borrower does not have a mortgage history

 Reviewer 08/17/2026 07:14 PM; Correction - borrower does not have a mortgage history

     08/17/2026 B 2 XXXXXXXXXX WI 2 1 C   B   C   B   A   A   A   A     Non-QM 1
1702661 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   XXXXXXXXXXX require a XXXXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXXXXXX be signed and dated within XXX days of the note date. XXXX XXXX provided was dated XXXXXXXXXXX and the note date is XXXXXXXXXXXXX Confirming this was a typo, as the file start date was XXXXXXXX   Client 08/20/2026 12:31 PM; Confirming this was a typo, as the file start date was XXXXXXXXX XXXXXX you.

 Reviewer 08/20/2026 03:26 PM; Condition has been reviewed

08/20/2026     A 1 XXXXXXXXXX FL 2 13 C   A   C   A   A   A   A   A     Non-QM 1
1702675 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   XXXXXXXX XXX XXXXX XXXXX and XXXXX XXXXX transcripts. Received XXXXX & XXXXX transcripts   Reviewer 08/14/2026 11:11 AM; The document received was a blank page

 Reviewer 08/15/2026 05:09 PM; Did not receive the XXXX XXXXX &amp; XXXXX transcripts for XX

 08/18/2026     A 1 XXXXXXXXXX SC 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1702726 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit Hazard Insurance   Hazard Insurance - is missing.   XXXXXX of insurance provided is only a XXXXXX which is not accepted Information provided   Reviewer 08/18/2026 10:31 AM; Policy provided is missing policy number and premium

 08/21/2026     A 1 XXXXXXXXXX CO 3 1 D   A   D   A   N/A N/A C   A     Exempt 1
1702726 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   XXXX actual XXXXX of XXXXXX is less than the minimum XXXXXX XXXXX required by the XXXXX XXXXX XXXXXXXXX XXXXX XXXXX XXXXXXXXXX XXXX qualifying monthly rent for the six units is XXXXXXXXXXXXXX XXXX monthly management fee is XXXXXXXXXXXX XXXXXXXXXXX annually). XXXXXXXX less XXXXXXXXXXXX equals a qualifying rental income of XXXXXXXXXXXXXX XXXX XXXXXX is XXXXXXXXXXXXXX  XXXXXXXXXXXX / XXXXXXXXXXXXXXXXX Per updated loan approval, XXXXXXXXXXX fee was adjusted to XXX and XXXXX is now over XXXXXXX    Reviewer 08/14/2026 09:13 AM; Actual amount of rent included leased garage space is XXXXXXXXX XXXXX per final XXX is XXXXXXXXXXX resulting in a XXXXX of XXXXXXX which is still less than the required. XXXXXX

 Reviewer 08/18/2026 09:07 AM; The loan approval received did not approve the XXXXX less than XXXX

 Client 08/18/2026 01:21 PM; Per updated loan approval, XXXXXXXXXXX fee was adjusted to XXX and XXXXX  is now over XXXXXXX XXXXXX you.

 Reviewer 08/18/2026 03:07 PM; Condition has been reviewed

08/18/2026     A 1 XXXXXXXXXX CO 3 1 D   A   D   A   N/A N/A C   A     Exempt 1
1702681 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXXXXXXX evidence borrowers are collectively at least XXXX owners of the business entity. Borrower XXXXXXX XXXXXX is included in the XXXX documentation in file.    Client 08/11/2026 04:28 PM; Please provide additional clarity regarding this finding. XXXXXXXXX XXXXXXX XXXXXX is all over the XXXX documentation in file. XXXXXX you.

 Reviewer 08/12/2026 10:30 AM; Condition has been reviewed

08/12/2026     A 1 XXXXXXXXXX FL 3 1 C   A   C   A   N/A N/A A   A     Exempt 1
1702690 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Missing/Incomplete Verbal VOE   XXX per XXXXXXXXX guidelines, a verbal XXXX must be completed within XXX days prior to the XXXXX date. Received XXXX   Reviewer 08/14/2026 11:40 AM; Document received was a blank page

 08/14/2026     A 1 XXXXXXXXXX FL 1 1 D   B   D   B   A   A   A   A     Non-QM 1
1702699 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXXXXX shock exceeding XXXXXXXX Borrower's primary housing payment of XXXXXXXXXXX was omitted due to less than XXX months remaining    Client 08/19/2026 11:22 AM; The file was missing the applicants mtg payment on her previous XXXX mtg.  XXXXX has been updated.  XXXX XXXXXX is actually under XXXX XXXXXX you.

 Reviewer 08/19/2026 11:50 AM; Condition has been reviewed

08/19/2026     A 1 XXXXXXXXXX MA 1 1 D   B   D   B   C   A   A   A     Safe Harbor QM (APOR) 1
1702635 XXXXXXXXXXX XXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Assets   UW Assets - UW - Asset Other   XXXXXXXXXXX for the XXXXX loan program require verification of assets utilized for closing costs and reserves. XXXX XXXX statements provided do not include all pages and are only partial XXXXX pages. XXXXXXXX required documentation for all assets. All funds provided for this loan were gift funds. XXXXX letters and gift wires were provided.   Client 07/14/2026 10:25 AM; All funds provided for this loan were gift funds. XXXXX letters and gift wires were provided.

 Reviewer 07/14/2026 11:53 AM; Condition has been reviewed

07/14/2026     A 1 XXXXXXXXXX FL 3 1 C   A   C   A   N/A N/A A   A     Exempt 1
1702657 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXX approval in file for XXXXX acres an rural property XXXX approval in file for XXXXX XXXXXXX XXXXXXXXX XXXXXXXXXX XXXXXXXXX XXXXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXXX XXXXXXXXXX XXXXXXXXX XXXXXXXXXX XXXXXXXX XXXXXXX house XXXXXXXXX projected revenue, occupancy XXXXXXXX   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXX months reserves when only XX months required Reviewer 08/17/2026 09:40 AM;

    08/17/2026 B 2 XXXXXXXXXX VA 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1702724 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Compliance Compliance   Compliance - CD- Payee Name missing or incorrect   XXXXX a XXXXX with the correct payee name listed for the XXXXXXX fee in XXXX XXX     Client 08/20/2026 12:17 PM; If XXXXXX grade, please waive. XXXXXXX

 Reviewer 08/20/2026 01:37 PM;

 Reviewer 08/20/2026 02:48 PM; Hello,&#x0D;
XXXX XXXXXXXXXXXXXXX  XXXXXX XX per request&#x0D;
XXXXXXXXX


     08/20/2026 B 2 XXXXXXXXXX CA 1 1 B   B   A   A   B   B   A   A     Safe Harbor QM (APOR) 1
1702725 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXXXXXX appraisal desk review. Received XXXX with matching address.   Reviewer 08/21/2026 03:06 PM; The appraisal and XXXX reflects property address as XXXXX XXXXXXXXXX XXXXX XXXX XXXX from XXXXXXX reflects property as XXXXXXXXXXXX XXXXXXXX corrected XXX

 08/25/2026     B   2 XXXXXXXXXX TX 3 13 C   B   A   A   N/A N/A C   B     Exempt 1
1702665 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Assets   UW Assets - UW - Asset Other   XXXXXXXX the copy of the final closing disclosure from the XXXXX unit property associated with the subject transaction in blanket mortgage. CD provided    Client 08/13/2026 11:58 AM; This is already in file as of XXXXXXX XXXXXXX provide additional clarity regarding status of file. XXXXXX you.

 Reviewer 08/13/2026 12:49 PM; Condition has been reiewed

08/13/2026     A 1 XXXXXXXXXX CA 3 3 C   A   C   A   N/A N/A A   A     Exempt 1
1702858 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit Hazard Insurance   Hazard Insurance - Other:   XXXXXX of insurance is missing policy number     Reviewer 08/25/2026 10:13 AM; JHOI provided has an effective date of XXXXX which is after the closing/funding date of XXXXXXX  XXXXXXXXXX date must be before or at XXXXXXXX date

 Reviewer 09/03/2026 09:00 AM; No documentation provided

 Client 09/03/2026 12:09 PM; See updated approval addressing the coverage discrepancy. XXXXXXX manager wrote up an exception for it,  since we are already past the date and the insurance is now in effect and no claims have been made.  XXXXXX you.

 Reviewer 09/03/2026 12:45 PM;

 Reviewer 09/04/2026 12:48 PM; Hello&#x0D;
XXXXX has been cleared.&#x0D;
&#x0D;
XXXXXX

     09/04/2026 B 2 XXXXXXXXXX KS 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1702682 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW - LTV/CLTV does not meet parameters   XXXXXXXXXXX for the XXXXX XXXXX unit loan program reflect the maximum XXXXXXXXX for a cash-out refinance is XXXXXX  XXXXXXXX loan closed at XXXX XXXXXXXXXXX   Client waived with XXX months reserves - XX months minimum, score of XXXXX minimum XXXXX experienced investor       08/13/2026 B 2 XXXXXXXXXX PA 3 13 C   B   C   B   N/A N/A C   A     Exempt 1
1702685 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXXX credit report reflects a XXXXX XXXXX with a XXXXXX balance and no monthly payment amount.  XXXX file does not have supporting documents to exclude the debt from the XXXXX Included the entire balance in the XXXX which increased to XXXXXXXX XXXXXX below XXX    Client 08/14/2026 11:15 AM; We have adjusted the XXXX to include the entire balance as the monthly payment.  XXXX is at XXXXXX XXXXXX you.

 Reviewer 08/14/2026 12:14 PM; Condition has been reviewed

08/14/2026     A 1 XXXXXXXXXX GA 1 1 D   B   D   B   A   A   A   A     Non-QM 1
1702694 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Assets   UW Assets - UW - Shorts Funds for Reserves   XX months reserves required for XXX XXXX XXXXXX XXXXXX XXXXX XXXXXXXXXX loan. XXXXXXXXX reserves < XX month XXXXXXXXXXXXX XXXXXXXXX reserves XX months XXXXXXXXXXXXX LOE provided stating owner is borrower's wife, and that borrower has access to funds.   Reviewer 07/22/2026 11:41 AM; Note: XXXXXXXXX assets in file XXX XXXXXXX XXXXXXXXXXXXX XXX XXXXXXX XXXXXXXXXXXXX XXXXXX XXXXXXX XXXXXXXXXXX = XXXXXXXXXXXXXX XXXXXX to close XXXXXXXXXXXX = short XXXXXXXXXXX

 Reviewer 07/23/2026 08:49 PM; The account with XXX XXXXX XXXXXXX does not list the borrower, XXXXXX XXXXX XXXXXXXXX as the owner.

 Reviewer 07/24/2026 05:59 PM; Provide verification that XXXXXX is co-owner of this account. XXXXXXXXXX it should be treated as a gift.

 Client 07/28/2026 12:07 PM; LOE provided stating owner is borrower's wife, and that borrower has access to funds. XXXXXX you.

 Reviewer 07/28/2026 01:56 PM; Condition has been reviewed

07/28/2026     A 1 XXXXXXXXXX ME 1 1 C   A   C   A   C   A   C   A     Non-QM 1
1702702 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Assets   UW Assets - UW - Asset Other   XXXX file is missing the XXXXXXX XXXXXXXX XXXXXXXXXXXXXXXXXXXXX to verify the net proceeds of at least XXXXXXXXXXX Received XXXXXXX XXXXX XXXX funds are sufficient.   Reviewer 08/13/2026 02:06 PM; ****Return file to XXX for review****

 Reviewer 08/13/2026 10:09 PM; Document received and file returned to XXXXXXX XX

 08/14/2026     A 1 XXXXXXXXXX GA 1 1 C   A   C   A   C   A   A   A     Non-QM 1
1702705 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXX management approval less than XX years XXX and no current housing payment.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXX months reserves when only XX months required. Reviewer 08/13/2026 02:12 PM;

    08/13/2026 B 2 XXXXXXXXXX TX 1 1 C   B   C   B   A   A   A   A     Non-QM 1
1702725 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXXX management approval non approved XXXXXX   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXX months reserves when only XX months required. Reviewer 08/21/2026 12:02 PM;

    08/21/2026 B 2 XXXXXXXXXX TX 3 13 C   B   A   A   N/A N/A C   B     Exempt 1
1702733 XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXX XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXX management approval loan amount exceeding max allowed of XXXXX and payment shock exceeding XXXXX   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXX months reserves when only XX months required. Reviewer 08/17/2026 02:33 PM;

    08/17/2026 B 2 XXXXXXXXXX CA 1 1 C   B   C   B   A   A   A   A     Safe Harbor QM (APOR) 1