MFRA NQM DEPOSITOR, LLC ABS-15G

Exhibit 99.01 - Schedule 5

 

Exception Grades

 

AMC Loan ID Customer Loan ID EDGAR Loan ID Investor Loan Number Loan Exception ID Exception ID Exception Date Exception Type Exception Category Exception Subcategory 15E Category Exception Exception Detail Exception Information Compensating Factors Compensating Factor Information Applying Party Follow-up Comments Cleared Date Cured Date Waived Date Exception Level Grade Exception Level Rating Note Date Property State Occupancy Purpose Exception Remediation Overall
Final Loan Grade		 Credit
Final Loan Grade		 Compliance
Final Loan Grade		 Property
Final Loan Grade		 Originator QM ATR Status TPR QM ATR Status Is Curable
XXXX XXXX MFA 2026-NQM3-10004   37297270 XXXX XX/XX/XXXX  6:21:20 PM Compliance Compliance Federal Compliance ATR/QM CDFI Bank Originated Loan submitted as Non Exempt Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt.   QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule.  TILA loan designation remains ATR Exempt.         Reviewer Comment (2026-04-30): Client elects to waive
     XX/XX/XXXX  6:17:33 PM 2 A XX/XX/XXXX XX Primary Refinance - Rate/Term   A A A A Non QM Exempt from ATR No
XXXX XXXX MFA 2026-NQM3-10004   37297273 XXXX XX/XX/XXXX  6:21:20 PM Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $1,175.00 exceeds tolerance of $900.00.  Sufficient or excess cure was provided to the borrower at Closing. (7506)         Reviewer Comment (2026-04-29): Sufficient Cure Provided At Closing
   XX/XX/XXXX  12:20:03 PM   1 A XX/XX/XXXX XX Primary Refinance - Rate/Term Final CD evidences Cure A A A A Non QM Exempt from ATR No
XXXX XXXX MFA 2026-NQM3-10006   37297277 XXXX XX/XX/XXXX  6:21:20 PM Compliance Compliance Federal Compliance ATR/QM CDFI Bank Originated Loan submitted as Non Exempt Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt.   QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule.  TILA loan designation remains ATR Exempt. CDFI Bank Originated Loan submitted as non-exempt.       Reviewer Comment (2026-04-30): Client elects to waive
     XX/XX/XXXX  6:18:08 PM 2 A XX/XX/XXXX XX Primary Refinance - Cash-out - Other   A A A A Non QM Exempt from ATR No