Exhibit 99.09 - Schedule 1
| Loan ID | Customer Loan ID | Seller Loan ID | Note Date | Original Loan Amount | Last Name | Property State | Occupancy | Purpose | Originator QM Status | TPR QM Status | Exception ID | Exception Number | Exception Date | Exception Type | Exception Subcategory | Exception | Exception Remedy | Rebuttal | TPR Response | Compensating Factors | Status Update Date | Finding Status | Initial Exception Grade | Final Exception Grade | Initial Loan Grade | Final Loan Grade |
| 2187515 | xx/xx/xxxx | xxxxx | xxxxx | xx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 10274964 | 1 of 3 | xx/xx/xxxx | Compliance | The Note is Missing | The Note is missing. |
Document Uploaded. - 07/16/2026 |
The Note has been provided. - xxxxx Received executed copy of the note - xxxxx |
2026-07-17 17:21 | Resolved | 4 | 1 | 4 | 1 | ||||
| 2187515 | xx/xx/xxxx | xxxxx | xxxxx | xx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 10276899 | 2 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. |
2026-07-15 23:20 | Cleared | 1 | 1 | 4 | 1 | ||||||
| 2187515 | xx/xx/xxxx | xxxxx | xxxxx | xx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 10294071 | 3 of 3 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |
2026-07-16 16:54 | Cleared | 1 | 1 | 4 | 1 | ||||||
| 2191877 | xx/xx/xxxx | xxxxx | xxxxx | xx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 10360803 | 1 of 7 | xx/xx/xxxx | 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. Missing a copy of the 1004D |
Document Uploaded. - 07/21/2026 |
Completion Cert provided. - xxxxx Primary Value Subject Property Appraisal is completed on an As-Is Basis or Not Applicable - xxxxx |
2026-07-22 14:57 | Resolved | 3 | 1 | 4 | 1 | ||||
| 2191877 | xx/xx/xxxx | xxxxx | xxxxx | xx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 10361283 | 2 of 7 | xx/xx/xxxx | Credit | Asset 2 Expired | Asset expired. Please provide updated bank statements for account ending-xxxxxwith the available balance of xxxxx. Transaction history from xxxxx through xxxxx was provided, when the subject loan closed xxxxx. Guidelines require assets documented by one month most recent bank statement or most recent quarterly statement. |
Updated Bank Statement was provided. Condition resolved. - 07/22/2026 Document Uploaded. - 07/21/2026 |
Updated Bank Statement was provided. Condition resolved. - xxxxx Asset 2 Not Expired Or Not Applicable - xxxxx |
2026-07-22 14:24 | Resolved | 3 | 1 | 4 | 1 | ||||
| 2191877 | xx/xx/xxxx | xxxxx | xxxxx | xx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 10361435 | 3 of 7 | xx/xx/xxxx | Credit | Missing VOM or VOR | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Please provide VOR for departing residence. Loan application indicated borrower paid xxxxxx monthly in rent for 8 months and prior to that no housing obligation for 8.5 years. |
Document Uploaded. - 07/21/2026 |
Condition upheld. 13 states Borrower's monthly rent xxxxx per month. Bank Statements provided do not show a monthly charge for that amount. Also missing payment evidence for the following months. xxxxx, 1xxxxx, xxxxx, xxxxx. - xxxxx |
2026-07-22 14:39 | Resolved | 3 | 1 | 4 | 1 | ||||
| 2191877 | xx/xx/xxxx | xxxxx | xxxxx | xx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 10362363 | 4 of 7 | xx/xx/xxxx | Compliance | Missing Service Provider List | The loan file does not contain the Service Provider List. Service Provider List was not completed. |
Please advise what is needed. Your note says Fees did not exceed 10% tolerance - 07/22/2026 Disregard below. A PCCD has been provided increasing the section C fees. - 07/22/2026 Document Uploaded. - 07/21/2026 |
Please see all comments below. As the Owners Title policy was moved to section C, the loan now fails the 1% tolerance catagory. I will resolve this finding as lender has provided attestation they do not identify a Provider of Service for the borrower to shop from, the finding for 1% tolerance violation will remain open. - xxxxx xxxxx Written list of providers. If the consumer is permitted to shop for a settlement service, the creditor shall provide the consumer with a written list identifying available providers of that settlement service and stating that the consumer may choose a different provider for that service. The creditor must identify at least one available provider for each settlement service for which the consumer is permitted to shop xxxxx amendments affirms The 217 TRID Rule amends and clarifies the application of the good faith standard under section xxxxx. Specifically, the commentary states that if a creditor permits the borrower to shop for services but fails to provide the written list of providers (“WLP”), good faith estimate would still be determined under the 1% tolerance. Because the SSPL provided did not identify at least one provider to shop from, the Section C fees on the PCCD will be tested at 1% tolerance. - xxxxx Disregard below. A PCCD has been provided increasing the section C fees. - xxxxx If the lender does not provide include at least one available provider to shop from on the SSPL, the the Section C title fees should be tested at 1% tolerance. Fees did not exceed 1% tolerance - xxxxx |
2026-07-23 17:25 | Resolved | 4 | 1 | 4 | 1 | ||||
| 2191877 | xx/xx/xxxx | xxxxx | xxxxx | xx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 10363565 | 5 of 7 | xx/xx/xxxx | Compliance | Charges That Cannot Increase Test (50001251) | The following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the Cannot Increase Category: Owner’s Title Policy. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed. (xxxxx). |
Document Uploaded. - 07/21/2026 |
New finding was opened - xxxxx - xxxxx |
2026-07-22 18:23 | Resolved | 3 | 1 | 4 | 1 | ||||
| 2191877 | xx/xx/xxxx | xxxxx | xxxxx | xx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 10409515 | 6 of 7 | xx/xx/xxxx | Compliance | Charges That In Total Cannot Increase More Than 10% Test (50001258) | The total amount of the 10% category fees on the last Closing Disclosure (xxxxx) has increased by more than 10% over the current baseline value of (xxxxxx). The total amount of fees in the 10% category cannot exceed (xxxxxx). The following fee(s) have either increased from their baseline disclosure or have been recently added: (Owner’s Title Policy). Any increase to an existing fee and/or the addition of a new fee that causes the 10% category threshold to be exceeded cannot occur unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee(s) or new fee(s). (xxxxx); xxxxx). 10% fees exceed the limit by xxxxxx Please provide a PCCD, LOE, copy of refund for xxxxxx and proof of mailing to cure. Please note, because the SSPL provided did not identify at least one provider to shop from, the Section C fees on the PCCD are tested at 10% tolerance. The addition of the Owner's Title Policy to the Section C fees caused the 10% tolerance catagory failure of xxxxxx See further comments under the Missing Settlement Service Provider finding. |
Received CIC for the added fee. Finding resolved - 07/24/2026 Document Uploaded. - 07/24/2026 Document Uploaded. - 07/24/2026 Document Uploaded. - 07/23/2026 |
Received CIC for the added fee. Finding resolved - xxxxx Received a second PCCD which moved the Owner’s Title Policy back to Section B, which will reopen the original finding of the Owner’s Title Policy was added to the CD without a valid CIC. Unless it is a requirement of the lender, this fee is generally disclosed in Section H of the CD. CFPB Factsheet (xxxxx) states: “If the consumer obtains owner’s title insurance and the creditor does not require it, the cost of owner’s title insurance is disclosed in Closing Cost Details in the Other Costs Table on the Loan Estimate and Closing Disclosure. xxxxx.” If the lender did require the policy and it was added to the CD without a change in circumstance, restitution in the amount of xxxxx. will be required to cure the violation. In that case, provide a PCCD, LOE to the borrower, copy of refund check and proof of mailing. - xxxxx |
2026-07-24 17:10 | Resolved | 3 | 1 | 4 | 1 | ||||
| 2191877 | xx/xx/xxxx | xxxxx | xxxxx | xx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 10409516 | 7 of 7 | xx/xx/xxxx | Compliance | Charges That In Total Cannot Increase More Than 10% Test (50001257) | The total amount of the 10% category fees (xxxxxx) has increased by more than 10% over the current baseline value of (xxxxx). The total amount of fees in the 10% category cannot exceed (xxxxx). The following fee(s) have either increased from their baseline disclosure or have been recently added: (Owner’s Title Policy). Any increase to an existing fee and/or the addition of a new fee that causes the 10% category threshold to be exceeded cannot occur unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee(s) or new fee(s). (xxxxx); xxxxx). 10% fees exceed the limit by xxxxx.00 Please provide a PCCD, LOE, copy of refund for xxxxx and proof of mailing to cure. Please note, because the SSPL provided did not identify at least one provider to shop from, the Section C fees on the PCCD are tested at 10% tolerance. The addition of the Owner's Title Policy to the Section C fees caused the 10% tolerance catagory failure of xxxxx. |
Document Uploaded. - 07/24/2026 Document Uploaded. - 07/23/2026 |
Received CIC for the added fee. Finding resolved - xxxxx Received a second PCCD which moved the Owner’s Title Policy back to Section B, which will reopen the original finding of the Owner’s Title Policy was added to the CD without a valid CIC. Unless it is a requirement of the lender, this fee is generally disclosed in Section H of the CD. CFPB Factsheet (xxxxx) states: “If the consumer obtains owner’s title insurance and the creditor does not require it, the cost of owner’s title insurance is disclosed in Closing Cost Details in the Other Costs Table on the Loan Estimate and Closing Disclosure. xxxxx and xxxxx.” If the lender did require the policy and it was added to the CD without a change in circumstance, restitution in the amount of xxxxx. will be required to cure the violation. In that case, provide a PCCD, LOE to the borrower, copy of refund check and proof of mailing. - xxxxx |
2026-07-24 17:09 | Resolved | 3 | 1 | 4 | 1 | ||||
| 2191875 | xx/xx/xxxx | xxxxx | xxxxx | xx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 10358134 | 1 of 5 | xx/xx/xxxx | Credit | Borrower 1 3rd Party VOE Prior to Close Missing | Borrower 1 3rd party VOE prior to close missing. |
Document Uploaded. - 07/21/2026 |
Received xxxxx website inquiry xxxxx showing business is active. Loan closed xxxxx. - xxxxx Borrower 1 3rd Party VOE prior to close was provided. - xxxxx |
2026-07-21 19:26 | Resolved | 3 | 1 | 3 | 2 | ||||
| 2191875 | xx/xx/xxxx | xxxxx | xxxxx | xx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 10359876 | 2 of 5 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. |
2026-07-20 19:27 | Cleared | 1 | 1 | 3 | 2 | ||||||
| 2191875 | xx/xx/xxxx | xxxxx | xxxxx | xx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 10362019 | 3 of 5 | xx/xx/xxxx | Credit | Missing Income - Bank Statements | May 2026 bank statement for business account is missing. |
Document Uploaded. - 07/21/2026 |
Received xxxxx business bank statement with no issues noted. - xxxxx |
2026-07-21 19:07 | Resolved | 3 | 1 | 3 | 2 | ||||
| 2191875 | xx/xx/xxxx | xxxxx | xxxxx | xx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 10364216 | 4 of 5 | xx/xx/xxxx | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. |
2026-07-20 22:19 | Cleared | 1 | 1 | 3 | 2 | ||||||
| 2191875 | xx/xx/xxxx | xxxxx | xxxxx | xx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 10367370 | 5 of 5 | xx/xx/xxxx | Credit | Credit Profile - Insufficient Tradelines | The documented tradelines do not meet the minimum tradelines required per guidelines. Guidelines require either 3 tradelines with at least 12 months reviewed and activity in the past 12 months or 2 tradelines with at least 24 months reviewed, and activity reported in the past 12 months. The credit report showed borrower has 2 tradelines with activity in the past 12 months; however, both accounts were reviewed less than 12 months (xxxxxand xxxxx ). The loan does not meet guideline minimum tradeline requirements. |
Document Uploaded. - 07/21/2026 |
Loan does not meet minimum tradeline requirements as credit report showed borrower had 2 tradelines with activity in the past 12 months, but less than 12 months history - A formal exception is now in file. - xxxxx |
Compensating factors used were Low debt to income ratio, High discretionary income, Number of years in home, 35 years in line of work, and Housing history paid as agreed for 12+ months. | 2026-07-21 19:21 | Waived | 3 | 2 | 3 | 2 | |||
| 2198269 | xx/xx/xxxx | xxxxx | xxxxx | xx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 10364284 | 1 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. |
2026-07-20 22:28 | Cleared | 1 | 1 | 4 | 1 | ||||||
| 2198269 | xx/xx/xxxx | xxxxx | xxxxx | xx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 10375406 | 2 of 3 | xx/xx/xxxx | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. |
2026-07-21 13:37 | Cleared | 1 | 1 | 4 | 1 | ||||||
| 2198269 | xx/xx/xxxx | xxxxx | xxxxx | xx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 10375638 | 3 of 3 | xx/xx/xxxx | Credit | Borrower 1 Gap Credit Report is Missing | Borrower 1 Gap Credit Report is Missing |
Document Uploaded. Please see attachments for Credit Report - 07/22/2026 |
Ga xxxx Report provided. Condition resolved. - xxxxx Borrower 1 Gap Credit Report is not missing. - xxxxx |
2026-07-23 14:58 | Resolved | 4 | 1 | 4 | 1 | ||||
| 2194172 | xx/xx/xxxx | xxxxx | xxxxx | xx | Primary Residence | Purchase | ATR Risk: Lender did not document all ATR UW Factors | Non-QM: Lender documented all ATR UW factors | 10351070 | 1 of 3 | xx/xx/xxxx | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. |
2026-07-20 14:32 | Cleared | 1 | 1 | 1 | 1 | ||||||
| 2194172 | xx/xx/xxxx | xxxxx | xxxxx | xx | Primary Residence | Purchase | ATR Risk: Lender did not document all ATR UW Factors | Non-QM: Lender documented all ATR UW factors | 10411073 | 2 of 3 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |
2026-07-22 19:29 | Cleared | 1 | 1 | 1 | 1 | ||||||
| 2194172 | xx/xx/xxxx | xxxxx | xxxxx | xx | Primary Residence | Purchase | ATR Risk: Lender did not document all ATR UW Factors | Non-QM: Lender documented all ATR UW factors | 10411078 | 3 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. |
2026-07-22 19:29 | Cleared | 1 | 1 | 1 | 1 | ||||||
| 2197991 | xx/xx/xxxx | xxxxx | xxxxx | xx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 10566824 | 1 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. |
2026-07-31 17:59 | Cleared | 1 | 1 | 3 | 1 | ||||||
| 2197991 | xx/xx/xxxx | xxxxx | xxxxx | xx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 10566834 | 2 of 3 | xx/xx/xxxx | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. |
2026-07-31 18:00 | Cleared | 1 | 1 | 3 | 1 | ||||||
| 2197991 | xx/xx/xxxx | xxxxx | xxxxx | xx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 10571992 | 3 of 3 | xx/xx/xxxx | Credit | Title Coverage is Less than Subject Lien(s) Total | Title coverage is less than total amount of subject lien(s). The preliminary title report does not reflect the insured amount. |
Document Uploaded. - 08/04/2026 |
Email from Title Officer was provided confirming coverage amount. Condition resolved. - xxxxx Title coverage amount of xxxxx is equal to or greater than total amount of subject lien(s) xxxxx++ - xxxxx |
2026-08-05 15:09 | Resolved | 3 | 1 | 3 | 1 |