MFRA NQM DEPOSITOR, LLC ABS-15G
Exhibit 99.03 - Schedule 6
| Waived Conditions Summary |
| Review Scope | Category | Code | Description | Count |
| Credit | Terms/Guidelines | XXXX | Loan amount exceeds guideline maximum | 1 |
| Credit | Terms/Guidelines | XXXX | Loan amount is below guideline minimum | 1 |
| Credit | Terms/Guidelines | XXXX | Loan parameters do not meet guidelines | 2 |
| Credit | Credit/Mtg History | XXXX | Credit score below guidelines | 2 |
| Credit | Credit/Mtg History | XXXX | No evidence of required debt payoff | 1 |
| Credit | Credit/Mtg History | XXXX | Length of mortgage/rental history in file does not meet guideline requirement | 2 |
| Credit | Credit/Mtg History | XXXX | Number of mortgaged properties exceeds guideline limit | 4 |
| Credit | DTI | XXXX | Debt Ratio > 50% | 3 |
| Credit | LTV/CLTV | XXXX | LTV Exceeds Guideline Requirement by at least 5%, but less than 10% | 7 |
| Credit | LTV/CLTV | XXXX | LTV Exceeds Guideline Requirement by less than 5% | 3 |
| Credit | Title | XXXX | Title Does Not Agree With Mortgage | 1 |
| Credit | Income/Employment | XXXX | Verbal verification of employment completed outside the stated requirements and/or after closing/funding | 1 |
| Credit | Income/Employment | XXXX | Income Documentation Missing | 1 |
| Credit | Income/Employment | XXXX | Income Amount is Unsupported by Documentation in File | 1 |
| Credit | Assets | XXXX | Insufficient # of months cash reserves for PITI per guideline requirements | 3 |
| Property Valuations | Property | XXXX | Property Issues Indicated | 1 |
| Property Valuations | Appraisal | XXXX | Appraisal Deficiency | 1 |
| Compliance | Right of Rescission | XXXX | ROR - date changes must be acknowledged/initialed by borrower | 1 |
| Compliance | Right of Rescission | XXXX | ROR - Expiration date on form prior to end of rescission period | 1 |
| Total | 37 |
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