HOMES 2026-NQM6 TRUST ABS-15G

Exhibit 99.4

Schedule 1 - Clayton Conditions Report 

 

 

 

 

Client Name:      
Client Project Name: HOMES 2026-NQM6  
Start - End Dates: 11/22/2025 – 5/01/2026  
Deal Loan Count: 110  
             
Conditions Report 2.0    
             
Loans in Report: 110    
Loans with Conditions: 21    
             
1 - Total Active Conditions
  1 - Non-Material Conditions
      1 - Credit Review Scope
        1 - Category: Credit/Mtg History
21 - Total Satisfied Conditions
             
      17 - Credit Review Scope
        2 - Category: Assets
        1 - Category: Income/Employment
        4 - Category: Insurance
        5 - Category: Legal Documents
        5 - Category: Terms/Guidelines
      2 - Property Valuations Review Scope
        1 - Category: Appraisal
        1 - Category: Property
      2 - Compliance Review Scope
        2 - Category: Documentation
2 - Total Waived Conditions
             
      2 - Credit Review Scope
        1 - Category: Legal Documents
        1 - Category: LTV/CLTV
             
 




©2026 Clayton Services LLC. All rights reserved. Ownership and use of this report is governed by the legal agreement between Clayton and the party for which it was prepared. Any use not expressly authorized by such agreement, including reliance on this report by anyone other than such party, is prohibited. 
 

 

 

 

  

 

Client Name:    
Client Project Name: HOMES 2026-NQM6
Start - End Dates: 11/22/2025 – 5/01/2026
Deal Loan Count: 110
         
Conditions Report 2.0  
         
Loans in Report: 110  
Loans with Conditions: 21  

 

Loan Number Original Principal Balance State Initial Lender ATR/QM Status Loan Level ATR/QM Status Initial Securitization Overall Loan Grade Final Securitization Overall Loan Grade Initial Securitization Credit Loan Grade Final Securitization Credit Loan Grade Initial Securitization Property Valuations Loan Grade Final Securitization Property Valuations Loan Grade Initial Securitization Compliance Loan Grade Final Securitization Compliance Loan Grade Initial S&P Overall Loan Grade Final S&P Overall Loan Grade Initial S&P Credit Loan Grade Final S&P Credit Loan Grade Initial S&P Property Valuations Loan Grade Final S&P Property Valuations Loan Grade Initial S&P Compliance Loan Grade Final S&P Compliance Loan Grade Condition Category Condition Sub Category Condition Status Initial Securitization Condition Grade Final Securitization Condition Grade Initial S&P Condition Grade Final S&P Condition Grade Condition Code Condition Description Condition Material Indicator Initial Comments Client/Seller Response Comments Conclusion Comments TRID Error Type Cure Method Compensating Factors
753 XXXXXX XXXXXX (No Data) ATR/QM: Exempt C A A A C A A A C A A A C A A A Property Valuations Property Satisfied C A C A PRVAPROP177 Property Issues Indicated No Missing completion cert/1004D. Appraiser stated Smoke/CO2 detectors and water heater anchoring or strapping not present at time of inspection and is required by State Law.  1/6/2026 Client provided photos of smoke detectors.  Upon further review of the appraisal, appraiser did not inspect the property for the 10/12/2025 appraisal per client instructions.  Appraiser mentioned previously completing an appraisal on 8/21/2025.  Condition remains for a current inspection of the property and water heater anchoring.  2/5/2026 Client provided a 1004D with interior and exterior photos.  Appraiser explained that water heater straps are not required for the subject's area.  Appraiser also stated the bedrooms did not have XXX, which are required by state law.  Provide evidence XXX have been installed as required by law.  4.3.2026- Upon review of appraisers 1004Dl; it appears the smoke detectors have not been verified as installed. 4/15/2026 Client provided photos of smoke detectors and an email correspondence from the borrower stating the XXX have been installed in the bedrooms.  Condition satisfied.  (No Data) Not Applicable CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO > 154 points above guideline minimum.

CFCFS1742: Consumer credit history exceeds guidelines
- Clayton Comments:  Borrower has 0x30x139 months positive consumer payments meeting 12 month guideline requirement.

CFCFS1739: Postive mortgage payment history
- Clayton Comments:  Borrower has 0x30x23 months positive mortgage payment history meeting 12 month guideline requirement.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITIA above guideline minimum.
754 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO 145 points above guideline minimum of 640

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has XXX of PITIA reserves more than the XXX of required reserves.

CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  Borrower mortgage payment 0x30x97
755 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITI reserves above guideline minimum

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score > 40 points above guideline minimum

CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  56 months paid as agreed
756 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1737: LTV below guideline requirements
- Clayton Comments:  LTV > 15 points  below guideline maximum

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITI reserves above guideline minimum

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score > 100 points above guideline minimum
757 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1742: Consumer credit history exceeds guidelines
- Clayton Comments:  Borrower has 0x30x240

CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  Borrower has 0x30x 156

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITI above guideline minimum.

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO > 83 points above guideline minimum

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is > 10.52 points below guideline maximum.
758 XXXXXX XXXXXX (No Data) ATR/QM: Exempt D A D A A A A A D A D A A A A A Credit Insurance Satisfied C A C A CRDINSR5353 Insurance Expiration date is prior than the transaction date No Missing  Insurance in effect at close. Insurance in file expired XXX and loan funded XXX 4/24/26 Client provided Hazard binder effective XXX - XXX with new invoice of $1,721.97 showing paid in full.  4/24/26 Exception satisfied.  Not Applicable Not Applicable CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  Borrower has 0x30x 84

CFCFS1742: Consumer credit history exceeds guidelines
- Clayton Comments:  Borrower has 1x30x180

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO > 125 points above guideline minimum

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is > 4 points below guideline maximum.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITI above guideline minimum
758 XXXXXX XXXXXX (No Data) ATR/QM: Exempt D A D A A A A A D A D A A A A A Credit Legal Documents Satisfied D A D A CRDLGL2996 Missing Trust Documents No Missing Trust Documents. 4/23/26 Client provided Trust Documents.  4/23/26 Exception satisfied.  (No Data) Not Applicable CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  Borrower has 0x30x 84

CFCFS1742: Consumer credit history exceeds guidelines
- Clayton Comments:  Borrower has 1x30x180

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO > 125 points above guideline minimum

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is > 4 points below guideline maximum.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITI above guideline minimum
759 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1742: Consumer credit history exceeds guidelines
- Clayton Comments:  Borrower has 0x30x25

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  693 Median FICO > 53 points above guideline minimum of 640.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITIA above guideline minimum 3 months PITIA.
760 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower  has XXX of PITI reserves more than the XXX of required reserves.

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is 5 points below maximum guideline.

CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrower has 10 years at current residence

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO 39 points above guideline minimum of 640
761 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1742: Consumer credit history exceeds guidelines
- Clayton Comments:  Borrower has 0x30x132

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO > 18 points above guideline minimum

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITI above guideline minimum.

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is > 10 points below guideline maximum.
762 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1752: No Verified Compensating Factors
- Clayton Comments:  No Compensating Factors are confirmed in file
763 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is 5  points below maximum guideline.

CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrower has 5 years at current residence

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO 88 points above guideline minimum of 620
764 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower's has XXX of PITIA reserves more than the XXX of required reserves.

CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  Borrower Mortgage History: 0 x 30 x 36 months

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO 100 points above guideline minimum of 700.
765 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO > 182 points above guideline requirement.

CFCFS1742: Consumer credit history exceeds guidelines
- Clayton Comments:  Borrowers have 0x30x144 months positive consumer payment history meeting 12 month guideline requirement.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITIA above guideline minimum.

CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrowers have lived at current residence for 7 years.
766 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrowers have > XXX PITIA above guideline minimum.

CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  Borrower has 0x30x45

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  775 Median FICO > 115 points above guideline minimum of 660
767 XXXXXX XXXXXX (No Data) ATR/QM: Exempt D A D A A A A A D A D A A A A A Credit Legal Documents Satisfied D A D A CRDLGL2996 Missing Trust Documents No Missing Trust Docs or Trust Certification. 4/24/26 Client provided executed Certification of Trust.  424/26 Exception satisfied.  (No Data) Not Applicable CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO 25 points above guideline minimum of 700.

CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  Borrower Mortgage History: 0 x 30 x 15 months
768 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO > 11 points above guideline minimum

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITI above guideline minimum.

CFCFS1742: Consumer credit history exceeds guidelines
- Clayton Comments:  History: Borrower has 1x30x84
769 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1742: Consumer credit history exceeds guidelines
- Clayton Comments:  Borrower has 0x30x 254

CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  Borrower has 0x30x168

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is > 28.59 points below guideline maximum.

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO > 163 points above guideline minimum

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITIA above guideline minimum.
770 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score > 100 points above guideline minimum

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  LTV > 25 points below guideline maximum

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITI reserves above guideline minimum
771 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  Borrower Mortgage History: 0 x 30 x 38 months

CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrower has resided in their primary residence for the past 6 years
772 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO 102 points above guideline minimum of 620

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has XXX of PITI reserves more than the XXX of required reserves.

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is 10 points below maximum guideline.
773 XXXXXX XXXXXX (No Data) ATR/QM: Exempt D A D A A A A A D A D A A A A A Credit Income/Employment Satisfied D A D A CRDINC3204 Income Documentation Missing No Missing lease agreement for XXX showing rental income of $2,200.00 per month. 4/29/26 Client provided updated payoff.  Missing Lease to support rental income. 4/30/26 Client response: Sorry for the confusion. The property is a duplex, we are using the lower for both units: rental lease and is not needed and appraisal showing the info for total actual monthly rent of $6,200.4/30/26 Missing lease for Unit 2 of $2,200.00. Unit 1 Lease is in file. Lease is required per guideline for refinance transactions. 5/1/26 Client response: The property is a duplex, we are using the lower for both units:  we do notneed to provide a rental lease and appraisal showing this info.  4/29/26 Exception remains. 4/30/26 Exception remains. 5/1/26 Exception satisfied.  (No Data) Not Applicable CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV of 52.22% is > 22.78 points below guideline maximum of 75.00%

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITIA above guideline minimum XXX PITIA.

CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  Borrower has 0x30x76
774 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  Borrower mortgage payment 0x30x31

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is 43.85 points below maximum guideline.

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO 120 points above guideline minimum of 640

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has XXX of PITI reserves more than the XXX of required reserves.
775 XXXXXX XXXXXX (No Data) ATR/QM: Exempt C A C A A A A A C A C A A A A A Credit Terms/Guidelines Satisfied C A C A CRDTER3122 Loan documents do not meet guideline requirements No Missing Borrowers Contact Information Form  required for all XXX borrowers. 4.10.2026- Received XXX contact form  Exception Satisfied  (No Data) Not Applicable CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is 5 points below maximum guideline.
776 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITI above guideline minimum.

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is > 28.33 points below guideline maximum.
777 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITI above guideline minimum.

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO > 43 points above guideline minimum

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is > 5 points below guideline maximum.

CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  Borrower has 0x30x 108
778 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has XXX PITIA above guideline minimum.

CFCFS1742: Consumer credit history exceeds guidelines
- Clayton Comments:  Borrower has 0x30x240 months positive consumer payment history meeting 12 month guideline requirement.

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is > 5 points below guideline maximum.

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO > 157 points above guideline requirement

CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrower has been at current residence for 18 years.
779 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  Borrower has 0x30x24

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has >XXX PITI above guideline minimum.

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO > 46 points above guideline minimum
780 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is > 5 points below guideline maximum.

CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrower has owned primary residence for 18 years

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  - Borrower has > XXX PITIA above guideline minimum.

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO > 48 points above guideline minimum.
781 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  Borrower mortgage payment 0x30x62

CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrower has 10 years & 6 months at current residence

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has XXX of PITIA reserves more than the XXX of required reserves.

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is 10  points below maximum guideline.

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO 150 points above guideline minimum of 640
782 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS2860: Good credit history
- Clayton Comments:  Borrower is limited user of Credit

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITIA reserves above guideline minimum

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score > 80 points above guideline minimum
783 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has XXX of PITIA reserves more than the XXX of required reserves.

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is 20 points below maximum guideline.
784 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1742: Consumer credit history exceeds guidelines
- Clayton Comments:  Borrower has 0x30x232 months positive consumer payment history meeting 12 month guideline requirement.

CFCFS1739: Postive mortgage payment history
- Clayton Comments:  Borrower has 0x30x76 months positive mortgage payment history meeting 12 month guideline requirement.

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO > 156 points above guideline requirement.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITIA above guideline minimum.
785 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  - Borrower has >  XXX PITI above guideline minimum.

CFCFS1742: Consumer credit history exceeds guidelines
- Clayton Comments:  Borrower has 0x30x300

CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  Borrower has 0x30x192

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO >  89 points above guideline minimum
786 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1737: LTV below guideline requirements
- Clayton Comments:  LTV below guideline maximum.

CFCFS1736: Significant time at current residence
- Clayton Comments:  6 years at current residence

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score > 100 points above guideline minimum
787 XXXXXX XXXXXX (No Data) ATR/QM: Exempt C A C A A A A A C A C A A A A A Credit Terms/Guidelines Satisfied C A C A CRDTER3122 Loan documents do not meet guideline requirements No Missing Operating Agreement for XXX (vesting) reflecting Member(s) and Member(s) percentage of ownership per guideline requirement.  4.10.2026- Received LLC documents, operating agreement  Exception Satisfied (No Data) Not Applicable CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is > 5 points below guideline maximum.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITIA above guideline minimum.
788 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO > 21 points above guideline minimum

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Median FICO > 21 points above guideline minimum

CFCFS1742: Consumer credit history exceeds guidelines
- Clayton Comments:  Borrower has 0x30x228

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has >XXX PITI above guideline minimum.
789 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO 135 points above guideline minimum of 640

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has XXX of PITI reserves more than the XXX of required reserves.
790 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score > 50 points above guideline minimum

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITIA reserves above guideline minimum

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  LTV > 10 points below guideline maximum
791 XXXXXX XXXXXX (No Data) ATR/QM: Exempt C B C B A A A A C B C B A A A A Credit Assets Satisfied C A C A CRDAST206 Asset Amounts Are Unsupported by Documentation in File No Missing full pages of XXX account ending XXX for months ending January 2026 and February 2026. File only has pages 1 and 2 of each month.  4/28/26 Client provided all pages of XXX ending XXX for January and February 2026.  4/29/26 Exception satisfied.  (No Data) Not Applicable CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score > 90 points above guideline minimum

CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  34 months paid as agreed

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITI reserves above guideline minimum
791 XXXXXX XXXXXX (No Data) ATR/QM: Exempt C B C B A A A A C B C B A A A A Credit LTV/CLTV Waived C B C B CRDLTV3026 LTV Exceeds Guideline Requirement by at least 5%, but less than 10% No LTV 70% is greater than guideline maximum of 65% when DSCR is > 0.75 to  < .85 is 65% LTV.  Subject DSCR is 0.7960 4.15.2026- LTV 70% is greater than guideline maximum of 65% when DSCR is > 0.75 to  < .85 is 65% LTV.  Subject DSCR is 0.7960. Documented compensating factors include XXX pitia reserves, XXX required, credit fico 758,  Client provided exception approval for loam to value above minimum 65%. . Final grade B. Final Grade B (No Data) Not Applicable CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score > 90 points above guideline minimum

CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  34 months paid as agreed

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITI reserves above guideline minimum
792 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower  has XXX of PITI reserves more than the XXX of required reserves.

CFCFS1745: Significant total monthly debt reduction
- Clayton Comments:  Borrower has XXX of PITI reserves more than the XXX of required reserves.

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO 159 points above guideline minimum of 640
793 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is > 10 points below guideline maximum.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has >  XXX PITIA above guideline minimum.

CFCFS1744: DTI below guideline requirement
- Clayton Comments:  Median FICO > 141  points above guideline minimum.

CFCFS1742: Consumer credit history exceeds guidelines
- Clayton Comments:  Borrower has 0x30x84
794 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  Borrower mortgage payment 0x30x71

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has XXX of PITIA reserves more than the XXX of required reserves.

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO 168 points above guideline minimum of  640

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is 15 points below maximum guideline.
795 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO > 120 points above guideline requirement.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITIA above guideline minimum.

CFCFS1739: Postive mortgage payment history
- Clayton Comments:  Borrower has 0x30x31 months positive mortgage payment history meeting 12 month guideline requirement.

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is > 12 points below guideline maximum.

CFCFS1742: Consumer credit history exceeds guidelines
- Clayton Comments:  Borrower has 0x30x57 months positive consumer payment history meeting 12 month guideline requirement.
796 XXXXXX XXXXXX (No Data) ATR/QM: Exempt D A D A A A A A D A D A A A A A Credit Insurance Satisfied D A D A CRDINSR848 Missing Hazard Insurance No The loan file is missing current insurance policy or insurance binder for the subject property. 4/28/26 Client provided hazard binder in effect at time of loan disbursement on subject property.  4/28/26 Exception satisfied.  (No Data) Not Applicable CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  Borrower has 0x30x100

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  796 Median FICO > 136 points above guideline minimum of 660.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITIA above guideline minimum 3 months PITIA.
797 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITIA reserves above guideline minimum

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  LTV > 45 points below guideline maximum

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score > 100 points above guideline minimum
798 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is > 19.28 points below guideline maximum.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITIA above guideline minimum.

CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrower has lived at current residence for 7 years.

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO > 45 points above guideline requirement
799 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is 20 points below maximum guideline.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has XXX of PITI reserves more than the XXX of required reserves.

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO 174 points above guideline minimum of 620

CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  Borrower mortgage payment 0x30x53
800 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO > 95 points above guideline requirement.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITIA above guideline minimum.

CFCFS1742: Consumer credit history exceeds guidelines
- Clayton Comments:  Borrower has 0x30x26 months positive consumer payment history meeting 12 month guideline requirement.

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is > 30 points below guideline maximum.
801 XXXXXX XXXXXX (No Data) ATR/QM: Exempt D A D A A A A A D A D A A A A A Credit Legal Documents Satisfied D A D A CRDLGL2996 Missing Trust Documents No Missing Trust Agreement or Certification of Trust for XXX 4/28/26 Client provided Trust Certification for XXX.  4/28/26 Exception satisfied.  (No Data) Not Applicable CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITIA above guideline minimum XXX PITIA.

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  704 Median FICO >44 points above guideline minimum of 640.

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV of 64.12% is > 15.88 percent below guideline maximum of 80.00%
802 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITIA above guideline minimum.

CFCFS1739: Postive mortgage payment history
- Clayton Comments:  Borrower has 0x30x20 months positive mortgage payment history meeting 12 month guideline requirement.

CFCFS1742: Consumer credit history exceeds guidelines
- Clayton Comments:  Borrower has 0x30x360 months positive consumer payment history meeting 12 month guideline requirement.

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO > 163 points above guideline requirement

CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrower has lived at current residence for 11 years and 8 months.
803 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  755 Median FICO > 135 points above guideline minimum of 620.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has >XXX PITIA above guideline minimum XXX PITIA.

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV of 55.33 is > 24.67 points below guideline maximum of 80%
804 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is > 5 points below guideline maximum.

CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  Borrower has 0x30x 108

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO > 48 points above guideline minimum

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXXPITI above guideline minimum.

CFCFS1742: Consumer credit history exceeds guidelines
- Clayton Comments:  Borrower has 0x30x156
805 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is > 20 points below guideline maximum.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITI above guideline minimum.

CFCFS1742: Consumer credit history exceeds guidelines
- Clayton Comments:  Borrower has 0x30x144

CFCFS1744: DTI below guideline requirement
- Clayton Comments:  Median FICO >  96  points above guideline minimum
806 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  786 Median FICO > 146 points above guideline minimum of 640

CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  Borrower has 0x30x31

CFCFS1742: Consumer credit history exceeds guidelines
- Clayton Comments:  Borrower has 0x30x99
807 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower's has XXX of PITIA reserves more than the XXX of required reserves.
808 XXXXXX XXXXXX (No Data) ATR/QM: Exempt C A A A A A C A C A A A A A C A Compliance Documentation Satisfied C A C A CMPDOC3076 Legal document was not executed or is incomplete No Final CD is missing bottom line on most of the pages 04/20/2026  Client provided PCCD. 04/20/2026 - Exception satisfied. (No Data) Not Applicable CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  Borrower has 0x30x53

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITIA above guideline minimum 3 months PITIA.

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  741 Median FICO > 61 points above guideline minimum of 680
809 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has XXX months of PITIA reserves more than the XXX months of required reserves.

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO 136  points above guideline minimum of 620
810 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is > 5 points below guideline maximum.

CFCFS1742: Consumer credit history exceeds guidelines
- Clayton Comments:  Borrower has 0x30x156

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITI above guideline minimum.

CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  Borrower has 0x30x 108

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO >  92  points above guideline minimum
811 XXXXXX XXXXXX (No Data) ATR/QM: Exempt B B B B A A A A B B B B A A A A Credit Credit/Mtg History Active B B B B CRDCRMH2662 Number of mortgaged properties exceeds guideline limit No Guidelines allow for 4 financed properties to one borrower and no Greater than $5mm.Current Properties with XXX financing.1) XXX2) XXX3) XXX4) XXX#5 XXX - SUBJECT property. (No Data) Non Material B grade. (No Data) Not Applicable CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  Borrower mortgage payment 0x30x99

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower  has XXX of PITIA reserves more than the XXX of required reserves.

CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrower has 20 years at current residence

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is 10 points below maximum guideline.

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO 161 points above guideline minimum of 620
812 XXXXXX XXXXXX (No Data) ATR/QM: Exempt D A D A A A A A D A D A A A A A Credit Legal Documents Satisfied D A D A CRDLGL2996 Missing Trust Documents No Missing Trust documents or Trust Certification. 4/22/26 Client provided Revocable Trust and Trust Certification of XXX. 4/22/2026 Exception satisfied.  (No Data) Not Applicable CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score > 50 points above guideline minimum

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITI reserves above guideline minimum

CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  51 months paid as agreed
813 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO 75 points above guideline minimum of 700.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower's has XXX of PITIA reserves more than the XXX of required reserves.

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is 50 points below maximum guideline 80%

CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  Borrower Mortgage History: 0 x 30 x 41 months
814 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITIA above guideline minimum XXX PITIA.

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  798 Median FICO > 138 points above guideline minimum of 640.

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV of 44.44 is > 30.56 points below guideline maximum of 75.00%
815 XXXXXX XXXXXX (No Data) ATR/QM: Exempt D A D A A A D A D A D A A A D A Compliance Documentation Satisfied D A D A CMPDOC3280 One or more Applications in file are incomplete No Missing the following properties from REO section of Final 1003:XXX XXX XXX  4/23/26 Client response: Note that since this is XXX loan and property is under trust, it's okay to not add, as it counts as not owned by borrower. 4/23/26 Clayton response: Per FNMA all properties held in a trust, especially a revocable trust, should be included on the REO schedule. Guideline does not specify.  4/23/26 Exception satisfied.  (No Data) Not Applicable CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is > 17.86 points below guideline maximum.

CFCFS1742: Consumer credit history exceeds guidelines
- Clayton Comments:  Borrower has 0x30x222 months positive consumer payment history meeting 12 month guideline requirement.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITIA above guideline minimum.

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO > 165 points above guideline requirement.

CFCFS1739: Postive mortgage payment history
- Clayton Comments:  Borrower has 0x30x99 months positive mortgage payment history meeting 12 month guideline requirement.
815 XXXXXX XXXXXX (No Data) ATR/QM: Exempt D A D A A A D A D A D A A A D A Credit Legal Documents Satisfied D A D A CRDLGL2996 Missing Trust Documents No Missing Trust Documents or Certification of Trust 4/23/26 Client provided Trust Certification.  4/23/26 Exception satisfied.  (No Data) Not Applicable CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is > 17.86 points below guideline maximum.

CFCFS1742: Consumer credit history exceeds guidelines
- Clayton Comments:  Borrower has 0x30x222 months positive consumer payment history meeting 12 month guideline requirement.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITIA above guideline minimum.

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO > 165 points above guideline requirement.

CFCFS1739: Postive mortgage payment history
- Clayton Comments:  Borrower has 0x30x99 months positive mortgage payment history meeting 12 month guideline requirement.
816 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  770 Median FICO > 110 points above guideline minimum of 660.

CFCFS1742: Consumer credit history exceeds guidelines
- Clayton Comments:  Borrower has 0x30x82

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITIA above guideline minimum XXX PITIA.
817 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrower has XXX at current residence

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO 141 points above guideline minimum of 620

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has XXX of PITIA reserves more than the XXX of required reserves.

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is 20 points below maximum guideline.

CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  Borrower mortgage payment 0x30x74
818 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is > 41.97 points below guideline maximum of 80%

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  756 Median FICO > 61 points above guideline minimum of 620.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower's has XXX of PITIA reserves more than the XXX of required reserves
819 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITIA above guideline minimum.

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO > 194 points above guideline requirement

CFCFS1739: Postive mortgage payment history
- Clayton Comments:  Borrower has 0x30x99 months positive mortgage payment history meeting 12 month guideline requirement.

CFCFS1742: Consumer credit history exceeds guidelines
- Clayton Comments:  Borrower has 0x30x288 months positive consumer payment history meeting 12 month guideline requirement.
820 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has XXX PITIA above guideline minimum.

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO > 58 points above guideline requirement.

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is > 50.95 points below guideline maximum.

CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrower has lived at current residence for 25 years.
821 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is > 10 points below guideline maximum.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITIA above guideline minimum.

CFCFS1739: Postive mortgage payment history
- Clayton Comments:  Borrower has0x30x48 months positive mortgage payment history meeting 12 month guideline requirement.

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO > 157 points above guideline requirement.

CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrower has lived at current residence for 7 years.
822 XXXXXX XXXXXX (No Data) ATR/QM: Exempt D A A A D A A A D A A A D A A A Property Valuations Appraisal Satisfied D A D A PRVAAPPR3116 Missing updated valuation No Missing XXX.  Both XXX and XXX XXX are rated N/A 4/27/26 Client provided XXX dated 4/3/26 which supports original appraised value of $XXX 4/27/26 Exception satisfied.  (No Data) Not Applicable CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is > 5 points below guideline maximum.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has >XXX PITI above guideline minimum.

CFCFS1742: Consumer credit history exceeds guidelines
- Clayton Comments:  Borrower has 0x30x240

CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  Mortgage History: Borrower has 0x30x156

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO >104 points above guideline minimum
823 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITIA above guideline minimum XXX PITIA.

CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  Borrower has 0x30x75

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  629 Median FICO > 9 points above guideline minimum of 620.
824 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITI above guideline minimum.

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO > 134 points above guideline minimum

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is > 27.10 points below guideline maximum
825 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  741 Median FICO > 61 points above guideline minimum of 680

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITIA above guideline minimum 3 months PITIA.
826 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrower's have resided in their XXX residence for the past 10 years

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower's has XXX of PITIA reserves more than the XXX of required reserves.
827 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score > 50 points above guideline minimum

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  LTV > 5 points below guideline maximum

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITIA reserves above guideline minimum
828 XXXXXX XXXXXX (No Data) ATR/QM: Exempt D A D A A A A A D A D A A A A A Credit Assets Satisfied D A D A CRDAST2670 Asset documentation is insufficient per guideline requirements No Missing Gift Letter reflected on Final 1003 of $55,000.00. Bank statement ending XXX reflects deposit of $50,000 on 3/24 from account #XXX. No further documentation in file in reference to Gift or deposit.  4/27/56 Client provided new 1003 (not executed) reflecting a Gift to be given or will receive and not deposited of $55,000.00.  4/27/26 Missing Gift letter for $55,000.004/8/26 Client provided new 1003 and 1008 removing Gift letter funds.  4/27/26 Exception remains. 4/28/26 Exception satisfied.  (No Data) Not Applicable CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is > 5 points below guideline maximum.

CFCFS1739: Postive mortgage payment history
- Clayton Comments:  Borrower has 0x30x48 months positive mortgage payment history meeting 12 month guideline requirement.

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO > 46 points above guideline requirement.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITIA above guideline minimum.

CFCFS1742: Consumer credit history exceeds guidelines
- Clayton Comments:  Borrower has 0x30x28 months positive consumer payment history meeting 12 month guideline requirement.
829 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITIA above guideline minimum XXX PITIA.

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV of 50.00 is > 30.00 points below guideline maximum of 80.00%

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  816 Median FICO > 196 points above guideline minimum of 620
830 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITI above guideline minimum.

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is > 2.28 points below guideline maximum.

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO > 141 points above guideline minimum

CFCFS1742: Consumer credit history exceeds guidelines
- Clayton Comments:  Borrower has 0x30x168
831 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is > 5 points below guideline maximum.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has >XXX PITI above guideline minimum.

CFCFS1742: Consumer credit history exceeds guidelines
- Clayton Comments:  Borrower has 0x30x38

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO > 24 points above guideline minimum
832 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1742: Consumer credit history exceeds guidelines
- Clayton Comments:  Borrower has 0x30x300

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO > 53  points above guideline minimum

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is >  10  points below guideline maximum.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITI above guideline minimum.

CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  Borrower has 0x30x144
833 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITIA above guideline minimum

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO > 150  points above guideline minimum.

CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  Borrower has 0x30x108

CFCFS1742: Consumer credit history exceeds guidelines
- Clayton Comments:  Borrower has 0x30x204

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is > 20 points below guideline maximum.
834 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  50 months paid as agreed.

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score > 40 points above guideline minimum

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITI reserves above guideline minimum
835 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO > 24  points above guideline minimum

CFCFS1742: Consumer credit history exceeds guidelines
- Clayton Comments:  Borrower has 0x30x216

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITI above guideline minimum.
836 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is 10 points below maximum guideline.

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO 135 points above guideline minimum of 620

CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  Borrower mortgage payment 0x30x72

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has XXX of PITIA reserves more than the 6 months of required reserves.
837 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1742: Consumer credit history exceeds guidelines
- Clayton Comments:  Borrower has 1x30x144

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO > 145 points above guideline minimum

CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  Borrower has 0x30x 60

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITI above guideline minimum.

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is >45 points below guideline maximum.
838 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  788 Median FICO > 128 points above guideline minimum of 660.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITIA above guideline minimum XXX PITIA

CFCFS1742: Consumer credit history exceeds guidelines
- Clayton Comments:  Borrower has 0x30x99
839 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  Borrower has 0x30x63

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITIA above guideline minimum XXX PITIA.

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  778 Median FICO >118 points above guideline minimum of 660
840 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is 10 points below maximum guideline.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower  has XXX of PITI reserves more than the XXX of required reserves.

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO 91 points above guideline minimum of 620
841 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1739: Postive mortgage payment history
- Clayton Comments:  Borrower has 0x30x45 months positive mortgage payment history meeting 12 month guideline requirement.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITIA above guideline minimum.

CFCFS1742: Consumer credit history exceeds guidelines
- Clayton Comments:  Borrower has 0x30x262 months positive consumer payment history meeting 12 month guideline requirement

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO > 166 points above guideline requirement.
842 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is > 25 points below guideline maximum.

CFCFS1742: Consumer credit history exceeds guidelines
- Clayton Comments:  Borrower has 0x30x62 months positive consumer payment history meeting 12 month guideline requirement.

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO > 103 points above guideline requirement.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITIA above guideline minimum.
843 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITI above guideline minimum.

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO > 89  points above guideline minimum

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is >  5  pointsbelow guideline maximum.
844 XXXXXX XXXXXX (No Data) ATR/QM: Exempt D A D A A A A A D A D A A A A A Credit Insurance Satisfied D A D A CRDINSR848 Missing Hazard Insurance No Missing Hazard insurance declaration pages 4/24/26 Client provided Hazard binder.  4/24/26 Exception satisfied.  (No Data) Not Applicable CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score > 90 points above guideline minimum

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITIA reserves above guideline minimum

CFCFS1736: Significant time at current residence
- Clayton Comments:  8 years at current residence.
845 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO 155 points above guideline minimum of 620

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has XXX of PITI reserves more than the XXX of required reserves.

CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrower has 23 years at primary residence
846 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO > 63 points above guideline requirement.

CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrower has lived at current residence for 8 years.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITIA above guideline minimum.

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is > 5 points below guideline maximum.
847 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower's has XXX of PITIA reserves more than the XXX of required reserves

CFCFS1739: Postive mortgage payment history
- Clayton Comments:  Borrower Mortgage History: 0 x 30 x 15 months
848 XXXXXX XXXXXX (No Data) ATR/QM: Exempt C A C A A A A A C A C A A A A A Credit Terms/Guidelines Satisfied C A C A CRDTER3122 Loan documents do not meet guideline requirements No Missing signed ACH Form as required by G/L's for XXX.  4/23/26 Client provided fully completed and executed ACH and borrower contact information.  4/23/26 Exception satisfied.  (No Data) Not Applicable CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has XXX of PITIA reserves more than the XXX of required reserves.

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is 5 points below maximum guideline.
849 XXXXXX XXXXXX (No Data) ATR/QM: Exempt C A C A A A A A C A C A A A A A Credit Terms/Guidelines Satisfied C A C A CRDTER3122 Loan documents do not meet guideline requirements No Missing  the following required documents per guideline for XXX borrowers:1- ACH fully completed and executed2- Borrower contact information.  4/24/26 Client proved fully executed and completed ACH form and Borrower contact information form.  4/24/26 Exception satisfied.  (No Data) Not Applicable CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is 23 points below maximum guideline.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has XXX of PITIA reserves more than the XXX of required reserves.
850 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1739: Postive mortgage payment history
- Clayton Comments:  Borrowers have 0x30x70 months positive mortgage payment history meeting 12 month guideline requirement.

CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrowers have lived at current residence for 25 years.

CFCFS1742: Consumer credit history exceeds guidelines
- Clayton Comments:  Borrowers have 0x30x313 months positive consumer payment history meeting 12 month guideline requirement.

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO > 114 points above guideline requirement.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITIA above guideline minimum.

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is > 55.58 points below guideline maximum.
851 XXXXXX XXXXXX (No Data) ATR/QM: Exempt C A C A A A A A C A C A A A A A Credit Terms/Guidelines Satisfied C A C A CRDTER3122 Loan documents do not meet guideline requirements No Missing completed and executed ACH form as required by guidelines for XXX.  4/23/26 Client provided completed and executed ACH form. 4/23/26 Exception satisfied.  (No Data) Not Applicable CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has XXX of PITIA reserves more than the XXX of required reserves.

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO 113 points above guideline minimum of 620

CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  Borrower mortgage payment 0x30x40

CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrower has 22 years at primary residence
852 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1742: Consumer credit history exceeds guidelines
- Clayton Comments:  Borrower has 0x30x216

CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  Borrower has 0x30x96

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO > 55 points above guideline minimum

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has >XXX PITI above guideline minimum.
853 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is 10 points below maximum guideline.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has XXX of PITIA reserves more than the XXX of required reserves.

CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  Borrower mortgage payment 0x30x47

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO 169 points above guideline minimum of 620
854 XXXXXX XXXXXX (No Data) ATR/QM: Exempt D B D B A A A A D B D B A A A A Credit Legal Documents Waived D B D B CRDLGL100 Legal document incorrect or incomplete No Missing authorized signature for seller (XXX) on purchase contract. Purchase Contract in file is only signed by buyer.  5/5/26 Client response: Please refer to page 25 of the purchase agreement. Thank you.5/5/26 Missing Authorized Seller initials on Purchase contract, page 15 is missing authorized signature, missing signature on Acknowledgment and Confirmation of Disclosures, ID of Exempt transfer, and General addendum. Contract in file is page 1-20 with addendums. Exception remains. 5/6/26 Client provide: For purchase contract, long as purchase price + EMD matches we are good to proceed. For all those addendum, long as it does not affect the loan we will not require to review it. Its contract between seller and buyer and escrow is the one who needs to review fully.5/6/26 Please re-submit purchase contract including page 25 reflecting sellers signature. 5/7/26 Client provided purchase contract missing the Seller signature.  Seller signed for receipt of Earnest Money For of $2,000.005/7/26 Missing the purchase contact signed by seller. Signature for EMD does not bind the contract. 5/8/26 Upon Clayton review, the seller signed deed and closing documents this exception is considered non material based on FICO 742 and LTV of 74.67. 5/13/26 Received except approval 5/5/26 Exception remains. 5/5/26 Exception remains. 5/7/26 Exception remains. 5/8/26 Final Grade B5/13/26 Exception waived. (No Data) Not Applicable CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV of 74.67% is > 5.08 points below guideline maximum of 80.00%

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX PITIA above guideline minimum XXX PITIA.

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  742 Median FICO > 82 points above guideline minimum of 660
855 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Post close reserves of $XXX exceeds guideline requirement of $XXX

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  769 Credit score exceeds minimum required of 700
856 XXXXXX XXXXXX QM: Safe Harbor QM: Safe Harbor (APOR) A A A A A A A A A A A A A A A A                               CFCFS1736: Significant time at current residence
- Clayton Comments:  Borrower has lived at current residence for 12 years.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX months PITIA above guideline minimum.

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is > 27.7 points below guideline maximum.

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO > 182 points above guideline requirement.

CFCFS1742: Consumer credit history exceeds guidelines
- Clayton Comments:  Borrower has 0x30x124 months positive consumer payment history.
857 XXXXXX XXXXXX QM: Safe Harbor QM: Safe Harbor (APOR) A A A A A A A A A A A A A A A A                               CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score > 50 points above guideline minimum

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX months PITIA reserves above guideline minimum

CFCFS2854: Significant time in profession
- Clayton Comments:  21 years in profession
858 XXXXXX XXXXXX QM: Safe Harbor QM: Safe Harbor (APOR) A A A A A A A A A A A A A A A A                               CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is > 49.07 points below guideline maximum

CFCFS1742: Consumer credit history exceeds guidelines
- Clayton Comments:  Borrower has 0 x 30 x 99 months

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO > 79   points above guideline minimum

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX  months PITIA above guideline minimum.
859 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is > 5 points below guideline maximum.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX months PITIA above guideline minimum

CFCFS1742: Consumer credit history exceeds guidelines
- Clayton Comments:  Borrower haws 0x30x156 months positive consumer payment history meeting 12 month guideline requirement.

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO > 181 points above guideline requirement.
860 XXXXXX XXXXXX QM: Safe Harbor QM: Safe Harbor (APOR) A A A A A A A A A A A A A A A A                               CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO > 158 points above guideline minimum

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is > 15 points below guideline maximum.

CFCFS1742: Consumer credit history exceeds guidelines
- Clayton Comments:  Borrower has 1x30x168

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX months PITI above guideline minimum.
861 XXXXXX XXXXXX (No Data) ATR/QM: Exempt C A C A A A A A C A C A A A A A Credit Insurance Satisfied C A C A CRDINSR5351 Insurance Effective date is greater than the transaction date No HOI Effective XXX  PCCD Disbursement Date XXX 4/23/26 Client provided hazard effective as of XXX  4/23/26 Exception satisfied.  Not Applicable Not Applicable CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median FICO > 165 points above guideline minimum

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX months PITI above guideline minimum

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Borrower LTV is >41.17points below guideline maximum

CFCFS1740: Mortgage payment history exceeds guidelines
- Clayton Comments:  Borrower has 0x30x 60
862 XXXXXX XXXXXX (No Data) ATR/QM: Exempt A A A A A A A A A A A A A A A A                               CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Borrower has > XXX months PITI reserves above guideline minimum

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Credit score > 100 points above guideline minimum

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  LTV > 10 points below guideline maximum

 

 

  

 

 

Client Name:    
Client Project Name: HOMES 2026-NQM6
Start - End Dates: 11/22/2025 – 5/01/2026
Deal Loan Count: 110
         
Conditions Report 2.0  
         
Loans in Report: 110  
Loans with Conditions: 21  

 

Loan Number Lender Application Date Broker Application Date Initial Securitization Overall Loan Grade Final Securitization Overall Loan Grade Initial Securitization Credit Loan Grade Final Securitization Credit Loan Grade Initial Securitization Property Valuations Loan Grade Final Securitization Property Valuations Loan Grade Initial Securitization Compliance Loan Grade Final Securitization Compliance Loan Grade Initial S&P Overall Loan Grade Final S&P Overall Loan Grade Initial S&P Credit Loan Grade Final S&P Credit Loan Grade Initial S&P Property Valuations Loan Grade Final S&P Property Valuations Loan Grade Initial S&P Compliance Loan Grade Final S&P Compliance Loan Grade Did Lender Acknowledge Exception at Origination
753 XXXXXX XXXXXX C A A A C A A A C A A A C A A A Not Applicable
754 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
755 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
756 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
757 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
758 XXXXXX XXXXXX D A D A A A A A D A D A A A A A Not Applicable
759 XXXXXX XXXXXX A A A A A A A A A A A A A A A A No
760 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
761 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
762 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
763 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
764 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
765 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
766 XXXXXX XXXXXX A A A A A A A A A A A A A A A A No
767 XXXXXX XXXXXX D A D A A A A A D A D A A A A A Not Applicable
768 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
769 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
770 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
771 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
772 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
773 XXXXXX XXXXXX D A D A A A A A D A D A A A A A No
774 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
775 XXXXXX XXXXXX C A C A A A A A C A C A A A A A Not Applicable
776 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
777 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
778 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
779 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
780 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
781 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
782 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
783 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
784 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
785 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
786 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
787 XXXXXX XXXXXX C A C A A A A A C A C A A A A A Not Applicable
788 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
789 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
790 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
791 XXXXXX XXXXXX C B C B A A A A C B C B A A A A Not Applicable
792 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
793 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
794 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
795 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
796 XXXXXX XXXXXX D A D A A A A A D A D A A A A A No
797 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
798 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
799 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
800 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
801 XXXXXX XXXXXX D A D A A A A A D A D A A A A A No
802 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
803 XXXXXX XXXXXX A A A A A A A A A A A A A A A A No
804 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
805 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
806 XXXXXX XXXXXX A A A A A A A A A A A A A A A A No
807 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
808 XXXXXX XXXXXX C A A A A A C A C A A A A A C A No
809 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
810 XXXXXX XXXXXX A A A A A A A A A A A A A A A A No
811 XXXXXX XXXXXX B B B B A A A A B B B B A A A A Not Applicable
812 XXXXXX XXXXXX D A D A A A A A D A D A A A A A Not Applicable
813 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
814 XXXXXX XXXXXX A A A A A A A A A A A A A A A A No
815 XXXXXX XXXXXX D A D A A A D A D A D A A A D A Not Applicable
816 XXXXXX XXXXXX A A A A A A A A A A A A A A A A No
817 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
818 XXXXXX XXXXXX A A A A A A A A A A A A A A A A No
819 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
820 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
821 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
822 XXXXXX XXXXXX D A A A D A A A D A A A D A A A Not Applicable
823 XXXXXX XXXXXX A A A A A A A A A A A A A A A A No
824 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
825 XXXXXX XXXXXX A A A A A A A A A A A A A A A A No
826 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
827 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
828 XXXXXX XXXXXX D A D A A A A A D A D A A A A A Not Applicable
829 XXXXXX XXXXXX A A A A A A A A A A A A A A A A No
830 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
831 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
832 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
833 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
834 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
835 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
836 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
837 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
838 XXXXXX XXXXXX A A A A A A A A A A A A A A A A No
839 XXXXXX XXXXXX A A A A A A A A A A A A A A A A No
840 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
841 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
842 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
843 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
844 XXXXXX XXXXXX D A D A A A A A D A D A A A A A Not Applicable
845 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
846 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
847 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
848 XXXXXX XXXXXX C A C A A A A A C A C A A A A A Not Applicable
849 XXXXXX XXXXXX C A C A A A A A C A C A A A A A Not Applicable
850 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
851 XXXXXX XXXXXX C A C A A A A A C A C A A A A A Not Applicable
852 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
853 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
854 XXXXXX XXXXXX D B D B A A A A D B D B A A A A No
855 XXXXXX XXXXXX A A A A A A A A A A A A A A A A No
856 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
857 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
858 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
859 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
860 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable
861 XXXXXX XXXXXX C A C A A A A A C A C A A A A A Not Applicable
862 XXXXXX XXXXXX A A A A A A A A A A A A A A A A Not Applicable