|
|||||||||||||||||||||||||||||||||||||||||||||||||
| Exception Grades | |||||||||||||||||||||||||||||||||||||||||||||||||
| Run Date - 8/14/2026 9:25:22 AM | |||||||||||||||||||||||||||||||||||||||||||||||||
| Marketing ID | XX Loan ID | Customer Loan ID | Seller 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 | Waived with Regrade | Exception Level Grade | DBRS Initial Exception Rating | DBRS Final Exception Rating | Fitch Initial Exception Rating | Fitch Final Exception Rating | Kroll Initial Exception Rating | Kroll Final Exception Rating | Moody's Initial Exception Rating | Moody's Final Exception Rating | S&P Initial Exception Rating | S&P Final Exception Rating | Note Date | Property State | Occupancy | Purpose | Exception Remediation | Overall Initial Loan Grade |
Overall Final Loan Grade |
Credit Initial Loan Grade |
Credit Final Loan Grade |
Compliance Initial Loan Grade |
Compliance Final Loan Grade |
Property Initial Loan Grade |
Property Final Loan Grade |
Originator QM ATR Status | TPR QM ATR Status | Is Curable |
| 902 | XX | XX | XX | XX | XX | 03/09/2026 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Title commitment/loan payoff in the file indicates a blanket mortgage covers the subject property. Provide evidence loan was paid in full or that the subject property was fully released from the lien. | Reviewer Comment (2026-03-17): Provided full reconveyance
from county. Exception cleared. Buyer Comment (2026-03-13): Full Reconveyance and LOE from title attached. |
03/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 2/XX/2026 | CA | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||
| 902 | XX | XX | XX | XX | XX | 03/09/2026 | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. | Address on insurance declaration page does not match Note address. | Borrower's monthly reserves have been verified and exceed
the amount required based on the guidelines by at least 4 months. Seasoned Borrower/Investor whose experience exceeds 10 completed projects. The representative FICO score exceeds the guideline minimum by at least 40 points. |
XX XX XX |
Reviewer Comment (2026-03-19): Waived with compensating
factors per client direction. Buyer Comment (2026-03-19): Please waive this condition. We will accept the EV2/B grade. Buyer Comment (2026-03-17): This is a 4 unit and there are 2 policies for these 4 units. The second policy is in a corner lot, so the description is different, but it is for this property. |
03/19/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | 2/XX/2026 | CA | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||
| 901 | XX | XX | XX | XX | XX | 03/10/2026 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Closing Protection Letter not provided | Reviewer Comment (2026-03-13): Received Closing Protection
Letter in the file. Exception Cleared. Buyer Comment (2026-03-11): CPL attached. |
03/13/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 2/XX/2026 | CA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||
| 901 | XX | XX | XX | XX | XX | 03/10/2026 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Title commitment/loan payoff in the file indicates a blanket mortgage covers the subject property. Provide evidence loan was paid in full or that the subject property was fully released from the lien. | Reviewer Comment (2026-03-17): Received Full Reconveyance
and Letter of Explanation in the file. Exception Cleared. Buyer Comment (2026-03-13): Full Reconveyance and LOE from title attached. |
03/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 2/XX/2026 | CA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||
| 900 | XX | XX | XX | XX | XX | 03/13/2026 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Closing Protection Letter not provided | Reviewer Comment (2026-03-18): Received Closing Protection
Letter. Exception cleared. Buyer Comment (2026-03-16): CPL attached. |
03/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 2/XX/2026 | CA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||
| 900 | XX | XX | XX | XX | XX | 03/13/2026 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Title commitment/loan payoff in the file indicates a blanket mortgage covers the subject property. Provide evidence loan was paid in full or that the subject property was fully released from the lien. | Reviewer Comment (2026-03-17): Received Full Reconveyance
and Letter of Explanation in the file. Exception Cleared. Buyer Comment (2026-03-13): Full reconveyance and LOE from title attached. |
03/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 2/XX/2026 | CA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||
| 816 | XX | XX | XX | XX | XX | 03/24/2026 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | 1003 Error: Citizenship Source Documentation was not provided | Borrower: XX | Visa or Passport is not provided in the file | Reviewer Comment (2026-03-31): As per provided final 1003,
borrower is US citizen and Visa or Passport is not required in the file.
Exception Cleared. Buyer Comment (2026-03-27): Per Final 1003, Borrower is US Citizen. |
03/31/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | 3/XX/2026 | FL | Investment | Purchase | C | B | C | B | C | B | N/A | No | ||||||||||
| 816 | XX | XX | XX | XX | XX | 03/24/2026 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Highest level secondary valuation does not support the value used to qualify. Sec ID: 7 | Note Date: 03/XX/2026; Lien Position: 1 | Secondary valuation is not provided in the file | Reviewer Comment (2026-03-31): Updated the Field Review
Appraisal in the file. Exception Cleared. Buyer Comment (2026-03-27): D0222 1073, D0226 CDA and D0220 Field review |
03/31/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 3/XX/2026 | FL | Investment | Purchase | C | B | C | B | C | B | N/A | No | ||||||||||
| 816 | XX | XX | XX | XX | XX | 03/24/2026 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of $74,149.65 is less than Cash From Borrower $483,600.00. | Updated as per the source of the document correctly. | Reviewer Comment (2026-03-31): Received EMD source
documents and appraisal invoce in the file. Closing requirement met.
Exception Cleared. Buyer Comment (2026-03-27): appraisal invoice Buyer Comment (2026-03-27): EM |
03/31/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 3/XX/2026 | FL | Investment | Purchase | C | B | C | B | C | B | N/A | No | ||||||||||
| 816 | XX | XX | XX | XX | XX | 03/24/2026 | Credit | Missing Document | General | Missing Document | Missing Document: Verification of Non-US Citizen Status not provided | Reviewer Comment (2026-03-31): As per provided final 1003,
borrower is US citizen and Visa or Passport is not required in the file.
Exception Cleared. Buyer Comment (2026-03-27): Per Final 1003, Borrower is US Citizen. |
03/31/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 3/XX/2026 | FL | Investment | Purchase | C | B | C | B | C | B | N/A | No | ||||||||||||
| 816 | XX | XX | XX | XX | XX | 03/24/2026 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | For the rent, provide canceled checks front and back or bank statements showing account ownership and payments debited by management company | The representative FICO score exceeds the guideline minimum
by at least 40 points. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |
Guidelines Representative FICO: 680 Representative FICO: 773 Reserves: 6.92 Guideline Requirement: 0.00 |
Originator,XX Originator,XX |
Reviewer Comment (2026-04-02): Waived with compensating
factors per lender exception approval. Buyer Comment (2026-04-01): The Post Closing Guideline Exception Form has been uploaded. Reviewer Comment (2026-03-31): Lease agreement and Management company payment ledger is already provided at the time of initial review. However, require canceled checks front and back or bank statements showing account ownership and payments debited by management company as per guidelines. Exception remains. Buyer Comment (2026-03-27): lease and management company payment ledger Buyer Comment (2026-03-27): Guidelines permit lease agreement and Management company payment history ledger. see attached. |
04/02/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | 3/XX/2026 | FL | Investment | Purchase | C | B | C | B | C | B | N/A | No | ||||||||
| 816 | XX | XX | XX | XX | XX | 03/31/2026 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Highest level secondary valuation supports the value. There is a lower level tertiary product that does not support the qualifying value. Sec ID: 22 | Note Date: 03/XX/2026; Lien Position: 1 | Reviewer Comment (2026-04-03): Client elects to waive. Buyer Comment (2026-04-02): Please see page 3 of the exception. Reviewer Comment (2026-04-02): No exception provided for the secondary valuation. Buyer Comment (2026-04-01): The Post Closing Guideline Exception Form has been uploaded. |
04/03/2026 | No | 2 | A | A | A | A | B | 3/XX/2026 | FL | Investment | Purchase | C | B | C | B | C | B | N/A | No | ||||||||||||||||
| 827 | XX | XX | XX | XX | XX | 05/13/2026 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Guarantor Agreement not provided | Provide Guarantor Agreement for xx | Reviewer Comment (2026-06-29): Received Guarantor
agreement. Exception cleared. Buyer Comment (2026-06-25): Guaranty Reviewer Comment (2026-06-01): Require Guarantor Agreement in the file. Exception Remains. Buyer Comment (2026-05-28): summary Buyer Comment (2026-05-28): Revised Final signed Commercial app; Bwr is not married |
06/29/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | 4/XX/2026 | TX | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | |||||||||||
| 843 | XX | XX | XX | XX | XX | 05/26/2026 | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | File is missing legible final signed and dated HUD-1/Settlement Statement signed by all parties. | Reviewer Comment (2026-06-22): Final SS. Reviewer Comment (2026-06-15): Most recent copy is not signed by all parties. Buyer Comment (2026-06-11): Final SS Reviewer Comment (2026-06-03): Document received is illegible. It appears a two-page document was condensed to one page. Please try resending as two separate pages. Buyer Comment (2026-06-02): final SS |
06/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | NJ | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||
| 862 | XX | XX | XX | XX | XX | 06/03/2026 | Credit | Guideline | Guideline Issue | Guideline | Verification of housing pay history is required. | File is missing 12-month housing history for primary residence. | Reviewer Comment (2026-06-22): Received Property history
report for primary residence and the property is owned free and clear. There
is no current mortgage transaction. Exception cleared. Buyer Comment (2026-06-18): Please see documents attached primary free & clear. Thank you. |
06/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | FL | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||
| 862 | XX | XX | XX | XX | XX | 06/03/2026 | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided | OFAC is required for all parties involved in the transaction; trust is missing. | Reviewer Comment (2026-06-26): OFAC received in trailing
documents. Buyer Comment (2026-06-24): Please see attached. Reviewer Comment (2026-06-22): Provided OFAC document does not reflect full name of trust so unable to verify whether OFAC document is for trust or individual. Exception remains. Buyer Comment (2026-06-18): Trust agreement attached. Thank you. Buyer Comment (2026-06-18): Clear ofac for trust attached. |
06/26/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | FL | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||
| 862 | XX | XX | XX | XX | XX | 06/03/2026 | Credit | Missing Document | General | Missing Document | Incomplete Document: 1003 Final is incomplete | File is missing a signed 1003. | Reviewer Comment (2026-06-26): Signed credit app received
in trailing documents. Buyer Comment (2026-06-24): Please see attached Final Commercial app Reviewer Comment (2026-06-22): Signed Final 1003 is not provided. Exception remains. Buyer Comment (2026-06-18): Please see attached. Thank you. |
06/26/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | FL | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||
| 867 | XX | XX | XX | XX | XX | 06/04/2026 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | Note Date: 05/XX/2026; Lien Position: 1 | Reviewer Comment (2026-06-26): CDA received in trailing
docs. Buyer Comment (2026-06-24): Please see attached CDA |
06/26/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | 5/XX/2026 | CT | Investment | Purchase | D | A | A | A | D | A | N/A | No | |||||||||||
| 878 | XX | XX | XX | XX | XX | 06/05/2026 | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | No final HUD/Closing statement present in file. | Reviewer Comment (2026-06-15): Final SS. Buyer Comment (2026-06-11): Final SS |
06/15/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | CA | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||
| 878 | XX | XX | XX | XX | XX | 06/05/2026 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary | Reviewer Comment (2026-06-26): Final title received |
06/26/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | 5/XX/2026 | CA | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||
| 878 | XX | XX | XX | XX | XX | 06/05/2026 | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: Preliminary; State: CA |
Prelim Title does not states policy coverage amount. | Reviewer Comment (2026-06-26): Final title received
reflecting sufficient policy coverage. Buyer Comment (2026-06-24): Final title |
06/26/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | 5/XX/2026 | CA | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||
| 853 | XX | XX | XX | XX | XX | 06/08/2026 | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided | Reviewer Comment (2026-06-24): Received evidence of access
to funds for the business account signed by all the partners. Exception
cleared. Buyer Comment (2026-06-22): access letter Buyer Comment (2026-06-22): D0250 reports 200 shares were issued. Borrower owns 100 shares. We received a signed business asset access letter from the other owner Reviewer Comment (2026-06-15): Bylaws do not state the number of shares owned by the borrower nor that they are the sole member.. Buyer Comment (2026-06-11): By-Laws Buyer Comment (2026-06-11): stock certificate |
06/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | NY | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||
| 853 | XX | XX | XX | XX | XX | 06/08/2026 | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | Missing complete final HUD. Page 2 of HUD provided is cut off. | Reviewer Comment (2026-06-15): Final SS. Buyer Comment (2026-06-11): Final SS |
06/15/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | NY | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||
| 853 | XX | XX | XX | XX | XX | 06/08/2026 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | The Certificate of Non-Owner Occupied does not show the borrower(s) at an address different than the subject and thus casts doubt on the business purpose of the loan. | Signed copy Certificate of Non-Owner Occupied disclosure does not show the borrower's principal address. | Reviewer Comment (2026-06-15): NOO Cert. Buyer Comment (2026-06-11): Non-Owner |
06/15/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | NY | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||
| 890 | XX | XX | XX | XX | XX | 06/10/2026 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Deeds / Warranty / Grant / Quit-Claim not provided | Missing deed signed at closing transferring ownership to our borrower. | Reviewer Comment (2026-06-22): Received deed transferring
ownership to our borrower. Exception cleared. Buyer Comment (2026-06-18): Please see attached Deed |
06/22/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | 5/XX/2026 | UT | Investment | Purchase | D | A | D | A | A | A | N/A | No | |||||||||||
| 885 | XX | XX | XX | XX | XX | 06/09/2026 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Insurance coverage is insufficient by $xx based on stated value, there was no evidence of extended coverage or insurer's estimate of replacement cost provided. | Reviewer Comment (2026-06-17): Received Replacement cost
Estimator received and verified. Exception cleared. Buyer Comment (2026-06-15): RCE |
06/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | IL | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||
| 868 | XX | XX | XX | XX | XX | 06/09/2026 | Credit | Missing Document | General | Missing Document | Missing Document: Source of Funds/Deposit not provided | Donor ability for gift of $35,000 is required and not provided. | Reviewer Comment (2026-06-17): Received Wire Confirmation.
Exception Cleared. Buyer Comment (2026-06-15): gift wires |
06/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | NC | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||
| 868 | XX | XX | XX | XX | XX | 06/09/2026 | Credit | Missing Document | General | Missing Document | Missing Document: Source of Funds/Deposit not provided | Donor ability for gift of $15,000 is required and not provided. | Reviewer Comment (2026-06-24): Received source of gift
funds in the amount of $3,000.00, $1,500.00 and $10,500.00. Exception
cleared. Buyer Comment (2026-06-22): D0165 reports the $3000 was XXd to the XX from XX #XX (gift Donor account) D0166. Buyer Comment (2026-06-22): D0229 $1500 reports the wire was to XX which is the title and shows it came from XX #XX which is the gift donor account D0166. XX was reported on all the wires. Reviewer Comment (2026-06-19): Received Gift letter along with wire confirmation for $10,500.00 which was directly transferred to Title. For rest amount of $1,500.00 and $3,000.00, require wire confirmation as funds are directly transferred to escrow company. Available wire confirmation (D0229 & D0165) does not have account holder name. Exception remains. Buyer Comment (2026-06-18): Wire $10,500 XX, EM XX, XX $1500 , Due diligence D0165 $3000 = $15,000 Buyer Comment (2026-06-17): Gift Letter uploaded. |
06/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | NC | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||
| 852 | XX | XX | XX | XX | XX | 06/11/2026 | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of $XX is less than the note amount of $XX based on the Commitment in file. | Title Policy Coverage is less than Original Loan Amount. | Reviewer Comment (2026-06-25): Received supplemental title
commitment with policy amount as $XX. Exception cleared. Buyer Comment (2026-06-23): title commitment |
06/25/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | 6/XX/2026 | FL | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||
| 852 | XX | XX | XX | XX | XX | 06/11/2026 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of 75.00000% exceeds Guideline loan to value percentage of 70.00000%. | Max LTV for FN borrower is 70%. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | Reserves: 62.86 Guideline Requirement: 0.00 |
XX | Reviewer Comment (2026-06-18): Waived with compensating
factors per lender exception approval. Buyer Comment (2026-06-16): exception |
06/18/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | 6/XX/2026 | FL | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||
| 852 | XX | XX | XX | XX | XX | 06/11/2026 | Credit | Missing Document | General | Missing Document | ACH was missing from file. | Reviewer Comment (2026-06-25): Received ACH verification
form. Exception cleared. Buyer Comment (2026-06-23): ACH |
06/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 6/XX/2026 | FL | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||
| 820 | XX | XX | XX | XX | XX | 06/11/2026 | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Please provide the final Closing Statement fully executed by all parties or stamped true and certified. The copy in the file was not signed by all parties. | Reviewer Comment (2026-06-22): Received final closing
statement. Exception cleared. Buyer Comment (2026-06-18): Final SS |
06/22/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | 5/XX/2026 | CO | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | |||||||||||
| 881 | XX | XX | XX | XX | XX | 06/12/2026 | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower:XX | Fraud report is missing. | Reviewer Comment (2026-06-17): Received Fraud Report.
Exception Cleared. Buyer Comment (2026-06-15): PFA as requested |
06/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 6/XX/2026 | NV | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||
| 881 | XX | XX | XX | XX | XX | 06/12/2026 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Spousal Consent Form not provided | Reviewer Comment (2026-06-22): Received guarantee agreement
with spouse signature. Exception cleared. Buyer Comment (2026-06-18): guaranty |
06/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 6/XX/2026 | NV | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||
| 881 | XX | XX | XX | XX | XX | 06/12/2026 | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided | Reviewer Comment (2026-06-17): Received Fraud Report.
Exception Cleared Buyer Comment (2026-06-15): PFA OFAC |
06/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 6/XX/2026 | NV | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||
| 881 | XX | XX | XX | XX | XX | 06/12/2026 | Credit | Credit | Credit Documentation | Credit | OFAC was not checked and required per guidelines. | Credit Report: Original // Borrower: XX | Reviewer Comment (2026-06-17): Received Fraud Report.
Exception Cleared Buyer Comment (2026-06-16): OFAC and fraud uploaded |
06/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 6/XX/2026 | NV | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||
| 881 | XX | XX | XX | XX | XX | 06/12/2026 | Credit | Business Purpose | General | Business Purpose | Missing Document: Spousal Consent not provided. | Borrower: XX | Reviewer Comment (2026-06-22): Received guarantee agreement
with spouse signature. Exception cleared. Buyer Comment (2026-06-18): see attached guaranty |
06/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 6/XX/2026 | NV | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||
| 879 | XX | XX | XX | XX | XX | 06/11/2026 | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: Preliminary; State: CA |
Policy amount on title commitment document is not available. | Reviewer Comment (2026-06-22): Received Title Supplement
with loan amount. Exception cleared. Buyer Comment (2026-06-18): title supplement |
06/22/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | 6/XX/2026 | CA | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||
| 879 | XX | XX | XX | XX | XX | 06/11/2026 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of $39,086.53 is less than Cash From Borrower $349,307.79. | Assets are insufficient to cover cash from borrower. | Reviewer Comment (2026-06-22): Received Final closing
statement for cash-out proceeds from refinance. Exception cleared. Buyer Comment (2026-06-18): cash out proceeds used for CTC |
06/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 6/XX/2026 | CA | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||
| 879 | XX | XX | XX | XX | XX | 06/11/2026 | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | Provide a final HUD/Closing Statement that is signed by the borrower or stamped true and certified. Copy provided in file is an estimate. | Reviewer Comment (2026-06-22): Received true and certified
copy of Final closing statement. Exception cleared. Buyer Comment (2026-06-18): final SS |
06/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 6/XX/2026 | CA | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||
| 861 | XX | XX | XX | XX | XX | 06/12/2026 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Reviewer Comment (2026-06-25): Received email
correspondence from insurance agent stating that the policy is based on 100%
replacement cost. Exception cleared. Buyer Comment (2026-06-23): email from INs agent stating the policy has 100% replacement cost coverage |
06/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | FL | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||
| 893 | XX | XX | XX | XX | XX | 06/12/2026 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Subject property does not contain a separate bedroom as required per guidelines. | Borrower's monthly reserves have been verified and exceed
the amount required based on the guidelines by at least 4 months. The representative FICO score exceeds the guideline minimum by at least 40 points. |
Reserves: 206.53 Guideline Requirement: 0.00 Guidelines Representative FICO: 660 Representative FICO: 802 |
XX XX |
Reviewer Comment (2026-06-24): Waived with compensating
factors per lender exception approval. Buyer Comment (2026-06-22): exception |
06/24/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | 5/XX/2026 | FL | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||
| 883 | XX | XX | XX | XX | XX | 06/15/2026 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The title preliminary reflects a deed dated 01/xx/1995; the file lacks verification of whether the HELOC associated with the same deed remains active. | Reviewer Comment (2026-06-19): Updated title commitment and
deed. Buyer Comment (2026-06-17): Please see attached |
06/19/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | CA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||
| 815 | XX | XX | XX | XX | XX | 02/16/2026 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Hazard Insurance Coverage Amount is insufficient by $25,068.00. | Reviewer Comment (2026-02-20): Replacement cost updated.
Exception cleared. Buyer Comment (2026-02-18): email confirming 100% replacement |
02/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 1/XX/2026 | FL | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | Exempt from ATR | Exempt from ATR | No | ||||||||
| 815 | XX | XX | XX | XX | XX | 02/16/2026 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XX Third Party Verification | File is missing a verbal verification with the CPA. | Borrower has verified disposable income of at least
$2500.00. The qualifying DTI on the loan is at least 10% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least 40 points. |
Documentation Type: 1yr P&L w/o Bank Statements Disposable Income: $9,653.49 DTI: 19.47480% Guideline Maximum DTI: 50.00000% Guidelines Representative FICO: 640 Representative FICO: 791 |
Originator,XX Originator,XX Originator,XX |
Reviewer Comment (2026-03-13): Waived in error. Reviewer Comment (2026-03-13): Waived with compensating factors per lender exception approval. Buyer Comment (2026-03-11): exception Reviewer Comment (2026-03-10): Verbal verification with the CPA provided is after the note date. Exception remains. Buyer Comment (2026-03-06): VVOE Reviewer Comment (2026-02-25): The VVOE provided does not reflect who was contacted, what date they were contacted, nor is it dated to determine it was obtained pre-consummation. Guidelines for the P&L only program require a VVOE with the CPA prior to consummation. Exception Remains. Buyer Comment (2026-02-23): VVOE |
03/13/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | 1/XX/2026 | FL | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | Exempt from ATR | Exempt from ATR | No | ||||
| 815 | XX | XX | XX | XX | XX | 02/16/2026 | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. | File is missing verbal verification with the CPA. | The qualifying DTI on the loan is at least 10% less than
the guideline maximum. The representative FICO score exceeds the guideline minimum by at least 40 points. Borrower has verified disposable income of at least $2500.00. |
DTI: 19.47480% Guideline Maximum DTI: 50.00000% Guidelines Representative FICO: 640 Representative FICO: 791 Documentation Type: 1yr P&L w/o Bank Statements Disposable Income: $9,653.49 |
Originator,XX Originator,XX Originator,XX |
Reviewer Comment (2026-03-13): Waived in error. Reviewer Comment (2026-03-13): Waived with compensating factors per lender exception approval. Buyer Comment (2026-03-11): see attached exception Reviewer Comment (2026-03-10): Verbal verification with the CPA provided is after the note date. Exception remains. Buyer Comment (2026-03-06): see attached VVOE Reviewer Comment (2026-02-24): The VVOE provided does not reflect who was contacted, what date they were contacted, nor is it dated to determine it was obtained pre-consummation. Guidelines for the P&L only program require a VVOE with the CPA prior to consummation. Buyer Comment (2026-02-23): see attached VVOE |
03/13/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | 1/XX/2026 | FL | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||
| 815 | XX | XX | XX | XX | XX | 02/16/2026 | 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 (2026-02-16): CDFI Lender testing ATR. |
02/16/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | 1/XX/2026 | FL | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | Exempt from ATR | Exempt from ATR | No | ||||||||
| 815 | XX | XX | XX | XX | XX | 02/16/2026 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of Exempt from ATR. | Reviewer Comment (2026-03-17): ATR tested resulting in Non
QM. Flipped LD to exempt from ATR to correct grading. Buyer Comment (2026-03-11): see attached exception |
03/17/2026 | No | 1 | B | A | C | A | B | A | C | A | B | A | 1/XX/2026 | FL | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM Loan Designation | C | B | C | B | C | B | A | A | Exempt from ATR | Exempt from ATR | No | ||||||
| 815 | XX | XX | XX | XX | XX | 02/16/2026 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Due to missing VVOE with CPA as required on the P&L only program. | Reviewer Comment (2026-03-16): Loan is NonQM Buyer Comment (2026-03-11): see attached exception |
03/16/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 1/XX/2026 | FL | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||
| 815 | XX | XX | XX | XX | XX | 02/16/2026 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Due to missing VVOE with CPA as required on the P&L only program. | Reviewer Comment (2026-03-16): Regraded to EV2-B based on
lender exception outlining pre-closing employment verification. Reviewer Comment (2026-03-13): Lender approved exception with compensating factors Post Closing. Buyer Comment (2026-03-11): see attached exception Reviewer Comment (2026-02-24): The VVOE provided does not reflect who was contacted, what date they were contacted, nor is it dated to determine it was obtained pre-consummation. Guidelines for the P&L only program require a VVOE with the CPA prior to consummation. Buyer Comment (2026-02-19): Please see attached Exception Approval |
03/13/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | 1/XX/2026 | FL | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||
| 907 | XX | XX | XX | XX | XX | 04/29/2026 | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: XX | Fraud report not provided. | Reviewer Comment (2026-05-04): Fraud Report received,
exception cleared. Buyer Comment (2026-04-30): see attached |
05/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 4/XX/2026 | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||
| 907 | XX | XX | XX | XX | XX | 04/29/2026 | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided | Provide verification of access to the funds held in the business account ending with xx. | Reviewer Comment (2026-05-07): Evidence of Access to Funds
received. Exception cleared. Buyer Comment (2026-05-05): see attached |
05/07/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 4/XX/2026 | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||
| 821 | XX | XX | XX | XX | XX | 05/11/2026 | 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 (2026-05-08): CDFI lender testing ATR. |
05/08/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | 4/XX/2026 | FL | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | ||||||||
| 821 | XX | XX | XX | XX | XX | 05/11/2026 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Missing the VVOE with the CPA prior to closing. | Reviewer Comment (2026-05-19): VVOE with CPA received in
trailing documents. |
05/19/2026 | No | 1 | B | A | C | A | B | A | C | A | B | A | 4/XX/2026 | FL | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM Loan Designation | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | ||||||
| 821 | XX | XX | XX | XX | XX | 05/11/2026 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | General Ability to Repay Provision: Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Missing the VVOE with the CPA prior to closing. | Reviewer Comment (2026-05-19): VVOE with CPA received in
trailing documents. |
05/19/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 4/XX/2026 | FL | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | |||||||
| 821 | XX | XX | XX | XX | XX | 05/11/2026 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Missing the VVOE with the CPA prior to closing. | Reviewer Comment (2026-05-19): VVOE with CPA received in
trailing documents. |
05/19/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 4/XX/2026 | FL | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | |||||||
| 821 | XX | XX | XX | XX | XX | 05/11/2026 | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. | Missing the VVOE with the CPA prior to closing. | Reviewer Comment (2026-05-19): VVOE with CPA received in
trailing documents. Buyer Comment (2026-05-15): VVOE |
05/19/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 4/XX/2026 | FL | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | ||||||||
| 821 | XX | XX | XX | XX | XX | 05/11/2026 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XX VVOE with CPA | Missing the VVOE with the CPA prior to closing. | Reviewer Comment (2026-05-19): VVOE with CPA received in
trailing documents. Buyer Comment (2026-05-15): see attached VVOE |
05/19/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 4/XX/2026 | FL | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | |||||||
| 823 | XX | XX | XX | XX | XX | 05/11/2026 | 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. | 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 (2026-05-14): CDFI lender testing ATR Buyer Comment (2026-05-12): CDFI lender testing ATR. |
05/14/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | 5/XX/2026 | OR | Primary | Purchase | B | A | A | A | A | A | B | A | Non QM | Exempt from ATR | No | |||||||
| 823 | XX | XX | XX | XX | XX | 05/11/2026 | Property | Property - Appraisal | Appraisal Reconciliation | Property - Appraisal | Appraisal is required to be in name of Lender | Valuation Type: Appraisal / Valuation Report Date: 04/XX/2026 | Appraisal Transfer letter was not found in file. | Reviewer Comment (2026-05-19): Transfer letter received Buyer Comment (2026-05-15): appraisal transfer letter |
05/19/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | 5/XX/2026 | OR | Primary | Purchase | B | A | A | A | A | A | B | A | Non QM | Exempt from ATR | No | |||||||
| 909 | XX | XX | XX | XX | XX | 05/14/2026 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Reviewer Comment (2026-05-28): Rate Lock received,
exception cleared. Buyer Comment (2026-05-26): 03/24/2026 Lock Confirmation Reviewer Comment (2026-05-26): The loan estimate dated 03/24/2026 shows the loan was locked at that time. Provide the initial rate lock document from the original lock date. Reviewer Comment (2026-05-26): Cleared in error. Reviewer Comment (2026-05-26): Rate lock document provided. Reviewer Comment (2026-05-25): Required Initial Rate Lock for 03/24/2026 to clear the exception. Exception Remains. Buyer Comment (2026-05-21): Client lock confirmation Reviewer Comment (2026-05-19): While the document referenced reflects a rate lock date, it does not reflect the rate lock rate, which is required for proper APOR testing. Please provide evidence of rate lock with rate lock rate. Buyer Comment (2026-05-15): Please cancel this exception. Refer to Document ID D0532, it reflects the Rate Set Date. |
05/28/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | 4/XX/2026 | CA | Primary | Purchase | B | A | A | A | B | A | A | A | Non QM | Non QM | No | ||||||||
| 908 | XX | XX | XX | XX | XX | 05/13/2026 | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Credit Report: Original // Borrower: XX | File is missing fraud report. | Reviewer Comment (2026-05-18): Fraud report received Buyer Comment (2026-05-14): Fraud Report attached. |
05/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 4/XX/2026 | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||
| 908 | XX | XX | XX | XX | XX | 05/13/2026 | Compliance | Compliance | Federal Compliance | Missing Disclosure | Notice of Special Flood Hazard Disclosure Not Provided Timely | FDPA Notification Rule: Creditor did not provide a Notice of Special Flood Hazard Disclosure within a reasonable time prior to closing. | Disclosure signed at closing with no evidence of Notice receipt at least 3 days prior to closing. | Reviewer Comment (2026-05-18): Notice of Special Flood
Hazard Disclosure received at application provided in trailing documents. Buyer Comment (2026-05-14): Special Flood Notice issued 3/9/2026 attached. |
05/18/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | 4/XX/2026 | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||
| 908 | XX | XX | XX | XX | XX | 05/13/2026 | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.93575% or Final Disclosure APR of 8.92800% is equal to or greater than the threshold of APOR 6.43% + 2.5%, or 8.93000%. Non-Compliant Higher Priced Mortgage Loan. | Reviewer Comment (2026-05-22): Preliminary appraisal and
evidence of final report delivery received in trailing docs. Buyer Comment (2026-05-21): Initial appraisal dated 2XX/26 and email enclosing revised appraisal as of 3/XX26 attached. Reviewer Comment (2026-05-18): Email received is dated 3/13/2026, which is prior to appraisal signature/report date of 3/XX/2026. If there was an initial appraisal report, please provide for review, along with evidence the 3/XX/2026 appraisal was delivered to borrower and received at least 3 business days prior to consummation of the loan. Buyer Comment (2026-05-14): Email enclosing appraisal to borrower as of 3/XX/26 attached. |
05/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 4/XX/2026 | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||
| 908 | XX | XX | XX | XX | XX | 05/13/2026 | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) | TILA HPML Appraisal Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/03/25/2026) | Reviewer Comment (2026-05-22): Preliminary appraisal and
evidence of final report delivery received in trailing docs. Buyer Comment (2026-05-21): Initial appraisal dated 2XX/26 and email enclosing revised appraisal as of 3/XX/26 attached. Reviewer Comment (2026-05-18): Email received is dated 3/XX/2026, which is prior to appraisal signature/report date of 3/XX/2026. If there was an initial appraisal report, please provide for review, along with evidence the 3/XX/2026 appraisal was delivered to borrower and received at least 3 business days prior to consummation of the loan. Buyer Comment (2026-05-14): Email enclosing appraisal to borrower as of 3/XX/2026 attached. |
05/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 4/XX/2026 | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||
| 908 | XX | XX | XX | XX | XX | 05/13/2026 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Appraisal transfer letter provided does not include lender certification that the Appraisal complies with federal, state, and XX Appraisal Independence Requirements. | Reviewer Comment (2026-05-22): Updated transfer letter
received Buyer Comment (2026-05-21): Updated appraisal transfer letter attached. Reviewer Comment (2026-05-18): The document provided is not the transfer letter. Transfer letter is required to have lender certification that it complies with federal, state and AIR requirements. Buyer Comment (2026-05-14): Appraisal AIR Cert attached. |
05/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 4/XX/2026 | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||
| 908 | XX | XX | XX | XX | XX | 05/18/2026 | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: XX | Fraud report received in trailing documents reflects a high risk red flag for possible match found on SAM.gov which was not addressed/cleared. | Reviewer Comment (2026-05-22): Fraud Report. Buyer Comment (2026-05-20): Updated Fraud Report attached. |
05/22/2026 | No | 1 | A | A | A | A | A | 4/XX/2026 | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||||
| 848 | XX | XX | XX | XX | XX | 05/15/2026 | Credit | Disclosure | Missing Document | Disclosure | E-sign Consent Agreement is missing. | Disclosure: E-Sign Consent Agreement | Reviewer Comment (2026-05-22): E-sign consent received Buyer Comment (2026-05-22): The E sign disclosure is signed -please see esign in red color at the bottom of the last page Buyer Comment (2026-05-22): signed consent Reviewer Comment (2026-05-20): Provide signed e-sign disclosure. Buyer Comment (2026-05-18): please find attached |
05/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | TX | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Exempt from ATR | No | ||||||||
| 848 | XX | XX | XX | XX | XX | 05/15/2026 | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) | TILA HPML Appraisal Rule (Dodd-Frank 2014): Creditor did not provide a copy of revised valuation to applicant three (3) business days prior to consummation. (Type:Primary/05/05/2026) | Reviewer Comment (2026-05-22): Waived per lender
request. Buyer Comment (2026-05-22): Please waive. Reviewer Comment (2026-05-20): Document shows it was sent on 05/05/2026 but nothing to verify when borrower actually received it. Defaults to mail rule which is 05/08/2028 which is after the Note date of 05/XX/2026. Buyer Comment (2026-05-19): Please find attached |
05/22/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | 5/XX/2026 | TX | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Exempt from ATR | No | ||||||||
| 848 | XX | XX | XX | XX | XX | 05/15/2026 | 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 (2026-05-15): CDFI lender testing ATR. |
05/15/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | 5/XX/2026 | TX | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Exempt from ATR | No | ||||||||
| 832 | XX | XX | XX | XX | XX | 06/01/2026 | 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 (2026-05-29): Client accepts EV2 Grade and
elects to Waive. |
05/29/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | 5/XX/2026 | TN | Primary | Refinance - Cash-out - Other | C | B | B | B | C | B | A | A | Non QM | Exempt from ATR | No | ||||||||
| 832 | XX | XX | XX | XX | XX | 06/01/2026 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Finance Charge Test | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on 05/18/2026 disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of $431,023.25 is under disclosed by $95.00 compared to the calculated Finance Charge of $431,118.25 which exceeds the $35.00 threshold. Disclosed Amount Financed on page 5 is also blank or inaccurate. Fee amounts included in Finance Charge and Amount Financed calculations are based on Closing Disclosure dated 05/18/2026). (Final/05/18/2026) | The disclosed Finance Charge in the amount of $431,023.25 is under disclosed by $95.00 compared to the calculated Finance Charge of $431,118.25. | Reviewer Comment (2026-06-19): XX received PCCD, LOE, Copy
of Refund Check, Re-opening of Rescission and Proof of Receipt. Buyer Comment (2026-06-18): Please see attached |
06/19/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | 5/XX/2026 | TN | Primary | Refinance - Cash-out - Other | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) | C | B | B | B | C | B | A | A | Non QM | Exempt from ATR | No | ||||||
| 832 | XX | XX | XX | XX | XX | 06/01/2026 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $0.00 exceeds tolerance of $-938.00. Insufficient or no cure was provided to the borrower. (9300) | Final Lender Credit of $0.00 exceeds tolerance of $-938.00. Insufficient or no cure was provided to the borrower. | Reviewer Comment (2026-06-03): XX received a valid COC. Buyer Comment (2026-06-02): Please see attached COC |
06/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | TN | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | B | B | C | B | A | A | Non QM | Exempt from ATR | No | ||||||
| 832 | XX | XX | XX | XX | XX | 06/01/2026 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender requested exception for property is xx acres - 1.80 acres over the max of 20-acres. Comp Factors: 1. 40 points over the min. score in the tier 2. LTV -10% < Matrix Tier (75% Max/ 70% Preferred) 3. DTI is 10% or more under max allowed. 4. Residual Income >= $3,000 5. No Credit Lates in >= 24 months 6. (CDFI) | Borrower has worked in the same position for more than 3
years. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. The qualifying DTI on the loan is at least 10% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least 40 points. |
Loan to Value: 50.00000% Guideline Maximum Loan to Value: 70.00000% DTI: 32.35524% Guideline Maximum DTI: 50.00000% Guidelines Representative FICO: 640 Representative FICO: 751 |
XX Originator,XX Originator,XX Originator,XX |
Reviewer Comment (2026-05-29): Lender Exception with
Compensating Factors provided. Downgraded and Waived. |
05/29/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | 5/XX/2026 | TN | Primary | Refinance - Cash-out - Other | C | B | B | B | C | B | A | A | Non QM | Exempt from ATR | No | |||||
| Dropped | XX | XX | XX | XX | XX | 06/01/2026 | 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 (2026-05-29): Client accepts EV2 Grade and
elects to Waive. |
05/29/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | 5/XX/2026 | UT | Primary | Refinance - Cash-out - Other | C | B | A | A | C | B | A | A | Non QM | Exempt from ATR | No | ||||||||
| Dropped | XX | XX | XX | XX | XX | 06/01/2026 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Will Not Have Escrow - Reason | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on 05/20/2026 incorrectly disclosed whether the loan will have an escrow account. (Final/05/20/2026) | Final Closing Disclosure provided on 05/20/2026 did not disclosed why the loan will not have an escrow account. | Reviewer Comment (2026-06-22): XX received PCCD and LOE. Buyer Comment (2026-06-22): See attached PCCD and LOE to borrower |
06/22/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | 5/XX/2026 | UT | Primary | Refinance - Cash-out - Other | Letter of Explanation & Corrected Closing Disclosure | C | B | A | A | C | B | A | A | Non QM | Exempt from ATR | No | ||||||
| Dropped | XX | XX | XX | XX | XX | 06/01/2026 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Loan Estimate Timing Electronically Provided | TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated 04/22/2026 was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. (Initial/04/22/2026) | Loan Estimate was electronically signed prior to borrower signing the E-sign consent. | Reviewer Comment (2026-06-11): XX Received Earliest
E-Consent dated 04/20/2026. Buyer Comment (2026-06-10): See attached |
06/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | UT | Primary | Refinance - Cash-out - Other | C | B | A | A | C | B | A | A | Non QM | Exempt from ATR | No | |||||||
| 857 | XX | XX | XX | XX | XX | 06/02/2026 | 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 (2026-06-02): CDFI lender testing ATR |
06/02/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | 5/XX/2026 | FL | Primary | Purchase | A | A | A | A | A | A | A | A | Non QM | Exempt from ATR | No | ||||||||
| 831 | XX | XX | XX | XX | XX | 06/02/2026 | 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 (2026-06-02): CDFI lender testing ATR |
06/02/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | 5/XX/2026 | NJ | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | ||||||||
| 831 | XX | XX | XX | XX | XX | 06/02/2026 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Originator Loan Designation of Non QM does not match Due Diligence Loan Designation due to undated CPA letter. | Reviewer Comment (2026-06-24): Dated CPA letter received in
trailing documents. |
06/24/2026 | No | 1 | B | A | C | A | B | A | C | A | B | A | 5/XX/2026 | NJ | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM Loan Designation | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | ||||||
| 831 | XX | XX | XX | XX | XX | 06/02/2026 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): Ability to Repay (Dodd-Frank 2014): There are one or more guideline deficiencies related to income and/or asset doc requirements which may impact the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Waterfall due to undated CPA letter. | Reviewer Comment (2026-06-24): Dated CPA letter received in
trailing documents. |
06/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | NJ | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | |||||||
| 831 | XX | XX | XX | XX | XX | 06/02/2026 | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. | The CPA letter is undated. | Reviewer Comment (2026-06-24): Dated CPA letter received in
trailing documents. Buyer Comment (2026-06-23): dated CPA letter |
06/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | NJ | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | ||||||||
| 831 | XX | XX | XX | XX | XX | 06/02/2026 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XX CPA Letter | The CPA letter was not dated. | Reviewer Comment (2026-06-24): Dated CPA letter received in
trailing documents. Buyer Comment (2026-06-23): see attached dated CPA letter |
06/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | NJ | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | |||||||
| 831 | XX | XX | XX | XX | XX | 06/02/2026 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | General Ability to Repay Provision: Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Waterfall due to undated CPA letter. | Reviewer Comment (2026-06-24): Dated CPA letter received in
trailing documents. |
06/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | NJ | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | |||||||
| 854 | XX | XX | XX | XX | XX | 06/05/2026 | 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. | Loan exempt from QM/ATR submitted with a loan originator designation other than ATR Exempt. | Reviewer Comment (2026-06-04): CDFI Lender testing ATR. |
06/04/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | 5/XX/2026 | CA | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Non QM | Exempt from ATR | No | |||||||
| 854 | XX | XX | XX | XX | XX | 06/05/2026 | Compliance | Compliance | Federal Compliance | TRID Defect | TILA-RESPA Integrated Disclosure: application date on or after 10/3/2015, no Loan Estimates in the Loan File | TILA-RESPA Integrated Disclosure: Loan Estimate not provided within loan images to evidence delivery to the Borrower(s). The earliest Closing Disclosure provided in the loan file was used as the estimated baseline for Tolerance Testing. Depending on the actual values on the initial Loan Estimate, a fee tolerance cure of up to $15,935.60 may be required. | Loan Estimate was missing. | Reviewer Comment (2026-06-11): XX received initial LE. Buyer Comment (2026-06-10): See initial LE sent to borrower pg 39-42. |
06/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | CA | Primary | Refinance - Cash-out - Other | No Defined Cure | C | A | A | A | C | A | A | A | Non QM | Exempt from ATR | No | ||||||
| 875 | XX | XX | XX | XX | XX | 06/08/2026 | 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 (2026-06-04): CDFI Lender testing ATR. |
06/04/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | 5/XX/2026 | AZ | Primary | Purchase | C | A | A | A | C | A | A | A | Non QM | Exempt from ATR | No | ||||||||
| 875 | XX | XX | XX | XX | XX | 06/08/2026 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $2,000.00 exceeds tolerance of $1,550.00. $450.00 over legal limit. Insufficient or no cure was provided to the borrower. (7506) | No valid Change of circumstance provided, nor evidence of cure in file. | Reviewer Comment (2026-06-22): XX received Additional
information, communication log, confirming reason for increased fee for
additional work to complete report Reviewer Comment (2026-06-16): XX received Changed Circumstance dated 04/30, but it does not give sufficient information on why the Appraisal fee was increased. In order to determine if the changed circumstance is valid more information is necessary on reason fee increase and when lender became aware of the change. A valid Changed Circumstance or cure is required. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check. Buyer Comment (2026-06-14): Please see attached Reviewer Comment (2026-06-12): XX received changed circumstance dated 04/30, but a corresponding LE/CD was not provided. Also, provided COC does not give sufficient information on why the Appraisal fee was increased. In order to determine if the changed circumstance is valid more information is necessary on reason fee increase and when lender became aware of the change. A valid Changed Circumstance with corresponding LE/CD or cure is required. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check. Buyer Comment (2026-06-10): Please see attached |
06/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | AZ | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | A | A | C | A | A | A | Non QM | Exempt from ATR | No | ||||||
| 882 | XX | XX | XX | XX | XX | 06/08/2026 | Compliance | TRID | Document Error | TRID | Closing Disclosure: Dates are not in chronological order. | Date Issued: 05/20/2026 / Relative Sequence Num: 1 Issue Date: 05/20/2026; Received Date: 05/06/2026; Signed Date: | Reviewer Comment (2026-06-22): Re-validated closing
disclosure signation and date as per document. Exception cleared. Buyer Comment (2026-06-18): The borrower viewed and signed on 5/20 and coborrower did not, see attached audit trail. This is a purchase so only 1 of the borrowers needs to acknowledge receipt. Please see attached Reviewer Comment (2026-06-11): Provide LOX to borrower for the changed CD and provide the signed CD. Buyer Comment (2026-06-09): Please see Attached Corrected CD and Audit Trail |
06/22/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | 5/XX/2026 | CA | Primary | Purchase | C | A | A | A | C | A | A | A | Non QM | Exempt from ATR | No | ||||||||
| 882 | XX | XX | XX | XX | XX | 06/08/2026 | 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. | Details are updated as per the source document. | Reviewer Comment (2026-06-05): CDFI lender testing ATR. |
06/05/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | 5/XX/2026 | CA | Primary | Purchase | C | A | A | A | C | A | A | A | Non QM | Exempt from ATR | No | |||||||
| 882 | XX | XX | XX | XX | XX | 06/08/2026 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Finance Charge Test | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on 05/28/2026 disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of $2,589,860.75 is under disclosed by $757.00 compared to the calculated Finance Charge of $2,590,617.75 which exceeds the $100.00 threshold. Disclosed Amount Financed on page 5 is also blank or inaccurate. Fee amounts included in Finance Charge and Amount Financed calculations are based on Closing Disclosure dated 05/28/2026). (Final/05/28/2026) | Details are updated as per the source document. | Reviewer Comment (2026-06-25): XX received Corrected CD
& LOE allocating seller credits to finance charge fees Buyer Comment (2026-06-24): Please see attached PCCD with the itemization of seller's credit towards the settlement costs Reviewer Comment (2026-06-17): Final Settlement Statement shows the Title -Escrow fee charged to the borrower as $5281 and does not support the amount charged for the same fee on the PCCD. Based on the current loan file, Cure is required in the amount of $757. Remediation requires PCCD, LOE, Copy of refund check, and proof of mailing to cure. Buyer Comment (2026-06-16): Please see attached Reviewer Comment (2026-06-15): Please provide signed, stamped ALTA Closing statement for review. Buyer Comment (2026-06-12): Please See Attached PCCD |
06/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | CA | Primary | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) | C | A | A | A | C | A | A | A | Non QM | Exempt from ATR | No | ||||||
| 882 | XX | XX | XX | XX | XX | 06/08/2026 | Compliance | Compliance | Federal Compliance | TRID | TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $250.00 exceeds tolerance of $185.00 plus 10% or $203.50. Sufficient or excess cure was provided to the borrower at Closing. (0) | Reviewer Comment (2026-06-04): Sufficient Cure Provided At
Closing |
06/04/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | 5/XX/2026 | CA | Primary | Purchase | Final CD evidences Cure | C | A | A | A | C | A | A | A | Non QM | Exempt from ATR | No | |||||||
| 870 | XX | XX | XX | XX | XX | 06/09/2026 | 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 (2026-06-05): CDFI lender testing ATR |
06/05/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | 5/XX/2026 | SC | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Exempt from ATR | No | ||||||||
| 870 | XX | XX | XX | XX | XX | 06/09/2026 | Credit | Missing Document | General | Missing Document | Missing Document: Verification of Non-US Citizen Status not provided | Borrower is Non-Permanent Resident Alien, and verification of Non-US Citizen source document was not provided. | Reviewer Comment (2026-06-24): Employment authorization
document provided. Buyer Comment (2026-06-22): EAD Reviewer Comment (2026-06-15): Document provided is not legible. Buyer Comment (2026-06-11): EAD |
06/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | SC | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Exempt from ATR | No | ||||||||
| 870 | XX | XX | XX | XX | XX | 06/09/2026 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | 1003 Error: Citizenship Source Documentation was not provided | Borrower: XX | Borrower is Non-Permanent Resident Alien, and verification of Non-US Citizen source document was not provided. | Reviewer Comment (2026-06-24): Employment authorization
document provided. Buyer Comment (2026-06-22): see attached EAD Reviewer Comment (2026-06-15): Document is not legible. Buyer Comment (2026-06-11): see attached EAD |
06/24/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | 5/XX/2026 | SC | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Exempt from ATR | No | |||||||
| 865 | XX | XX | XX | XX | XX | 06/09/2026 | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy Effective Date is after closing. | Hazard Insurance Policy Effective Date 06/XX/2026, Disbursement Date: 05/XX/2026 | Reviewer Comment (2026-06-17): Received Hazard insurance
policy effective 6/30/2025. Exception cleared. Buyer Comment (2026-06-15): HOI effective 06/30/2025 - 06/30/2026 |
06/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | NJ | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Non QM | Exempt from ATR | No | ||||||||
| 865 | XX | XX | XX | XX | XX | 06/09/2026 | 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 (2026-06-05): Client accepts EV2 Grade and
elects to Waive. |
06/05/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | 5/XX/2026 | NJ | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Non QM | Exempt from ATR | No | ||||||||
| 887 | XX | XX | XX | XX | XX | 06/09/2026 | 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. | 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 (2026-06-05): Client accepts EV2 Grade and
elects to Waive. |
06/05/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | 5/XX/2026 | FL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Exempt from ATR | No | |||||||
| 892 | XX | XX | XX | XX | XX | 06/09/2026 | Credit | Credit | Credit Documentation | Guideline | Missing Document: Asset not provided | Final Settlement Statement showing sufficient funds to close from departure residence is missing in file. | Reviewer Comment (2026-06-17): Received Closing Disclosure
with bridge loan for property XX and as per CD captured bridge loan,
Exception Cleared Buyer Comment (2026-06-15): Final CD |
06/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 6/XX/2026 | AZ | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | ||||||||
| 892 | XX | XX | XX | XX | XX | 06/09/2026 | 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 (2026-06-08): CDFI Lender testing ATR. |
06/08/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | 6/XX/2026 | AZ | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | ||||||||
| 892 | XX | XX | XX | XX | XX | 06/09/2026 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $-5,242.50 exceeds tolerance of $-8,738.00. Insufficient or no cure was provided to the borrower. (9300) | Lender Credits Fee disclosed as $-8,738.00 on Loan Estimate dated 05/11/2026 but disclosed as $-5,242.50 on Final Closing Disclosure. Insufficient or no cure was provided to the borrower. | Reviewer Comment (2026-06-23): XX received valid COC
document Buyer Comment (2026-06-22): Please see attached COC |
06/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 6/XX/2026 | AZ | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | ||||||
| 846 | XX | XX | XX | XX | XX | 06/10/2026 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower:XX Award Letter / Continuance Letter | Social Security Award Letter or Continuance Letter is missing. | Reviewer Comment (2026-06-16): Award letter. Buyer Comment (2026-06-12): SS award letter |
06/16/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | TX | Primary | Refinance - Rate/Term | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | |||||||
| 846 | XX | XX | XX | XX | XX | 06/10/2026 | 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 (2026-06-09): CDFI Lender testing ATR. |
06/09/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | 5/XX/2026 | TX | Primary | Refinance - Rate/Term | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | ||||||||
| 846 | XX | XX | XX | XX | XX | 06/10/2026 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | General Ability to Repay Provision: Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Award letter for Social Security is missing. | Reviewer Comment (2026-06-16): Award letter provided. |
06/16/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | TX | Primary | Refinance - Rate/Term | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | |||||||
| 846 | XX | XX | XX | XX | XX | 06/10/2026 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $0.00 exceeds tolerance of $-2,891.00. Insufficient or no cure was provided to the borrower. (9300) | Zero Percent Fee Tolerance was exceeded for Lender Credits. Final Lender Credit of $0.00 exceeded tolerance of $-2,891.00. Insufficient or no cure was provided to the borrower. | Reviewer Comment (2026-06-29): XX received valid changed
circumstance |
06/29/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | TX | Primary | Refinance - Rate/Term | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | ||||||
| 846 | XX | XX | XX | XX | XX | 06/10/2026 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $4,956.00 exceeds tolerance of $0.00. $4,956.00 over legal limit. Insufficient or no cure was provided to the borrower. (7200) | Zero Percent Fee Tolerance was exceeded for Loan Discount Points. Fee Amount of $4,956.00 exceeded tolerance of $0.00. $4,956.00 was over the legal limit. Insufficient or no cure was provided to the borrower. | Reviewer Comment (2026-06-29): XX received valid changed
circumstance Buyer Comment (2026-06-29): See attached COC for discount points. |
06/29/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | TX | Primary | Refinance - Rate/Term | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | ||||||
| 894 | XX | XX | XX | XX | XX | 06/11/2026 | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. | The provided CPA verification document does not have a document date; a valid document is required. | Reviewer Comment (2026-06-22): Received dated CPA
verification. Buyer Comment (2026-06-18): CTEC |
06/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | CA | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | Exempt from ATR | No | ||||||||
| 894 | XX | XX | XX | XX | XX | 06/11/2026 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Unable to verify that borrower will not occupy the subject property as the primary residence. The Non-Owner Occupancy Declaration is incomplete as Section 4A is missing the principal residence address. | Reviewer Comment (2026-06-22): Received complete Non-Owner
Occupancy Declaration. Buyer Comment (2026-06-18): Non-Owner |
06/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | CA | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | Exempt from ATR | No | ||||||||
| 822 | XX | XX | XX | XX | XX | 06/11/2026 | 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. | 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 (2026-06-11): CDFI lender testing ATR |
06/11/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | 5/XX/2026 | TX | Primary | Refinance - Rate/Term | C | B | A | A | C | B | A | A | Non QM | Exempt from ATR | No | |||||||
| 822 | XX | XX | XX | XX | XX | 06/11/2026 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Mortgage Broker Fee. Fee Amount of $3,895.57 exceeds tolerance of $3,836.00. $59.57 over legal limit. Insufficient or no cure was provided to the borrower. (XX) | No Valid COC or lender cure was provided for the increase in 0% tolerance fees. | Reviewer Comment (2026-06-26): XX received LOE, proof of
mailing & copy of refund check. Buyer Comment (2026-06-25): Attached find the cure docs |
06/26/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | 5/XX/2026 | TX | Primary | Refinance - Rate/Term | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | A | A | C | B | A | A | Non QM | Exempt from ATR | No | ||||||
| 847 | XX | XX | XX | XX | XX | 06/11/2026 | 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. | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. | Reviewer Comment (2026-06-11): CDFI lender testing ATR |
06/11/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | 5/XX/2026 | TX | Primary | Refinance - Rate/Term | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | |||||||
| 847 | XX | XX | XX | XX | XX | 06/11/2026 | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. | VOE documents were not within 20 business days of the Note date. | Reviewer Comment (2026-06-25): Received VVOE within 20
business days of the note date is verified and associated, exception
cleared. Buyer Comment (2026-06-23): VVOE Reviewer Comment (2026-06-18): Guidelines require verification of the business existence dated within 20 days of the note for self employed borrowers using employment income to qualify. Buyer Comment (2026-06-16): per guidelines, A VERBAL VERIFICATION OF EMPLOYMENT FOR THE BUSINESS MUST BE DONE WITH THE CPA/LICENSED TAX PREPARER AS DESCRIBED ABOVE, PRIOR TO CLOSING. The guidelines do not require within 20 business days of the loan. |
06/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | TX | Primary | Refinance - Rate/Term | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | ||||||||
| 847 | XX | XX | XX | XX | XX | 06/11/2026 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | General Ability to Repay Provision: Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Waterfall due to VOE documents not dated within 20 business days of the Note date. | Reviewer Comment (2026-06-25): Received VVOE within 20
business days of the note date is verified and associated, exception
cleared. |
06/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | TX | Primary | Refinance - Rate/Term | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | |||||||
| 847 | XX | XX | XX | XX | XX | 06/11/2026 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): Ability to Repay (Dodd-Frank 2014): There are one or more guideline deficiencies related to income and/or asset doc requirements which may impact the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | ATR failure due to VOE documents not dated within 20 business days of the Note date. | Reviewer Comment (2026-06-25): Received VVOE within 20
business days of the note date is verified and associated, exception
cleared. |
06/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | TX | Primary | Refinance - Rate/Term | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | |||||||
| 824 | XX | XX | XX | XX | XX | 04/27/2026 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $1,062.00 exceeds tolerance of $675.00. $387.00 over legal limit. Insufficient or no cure was provided to the borrower. (7200) | No valid COC or lender cure was provided for the increase in 0% Tolerance Fees. | Reviewer Comment (2026-05-06): XX received a valid COC. Buyer Comment (2026-05-06): Please find attached the COC. |
05/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 4/XX/2026 | TX | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | A | A | C | A | A | A | Exempt from ATR | Exempt from ATR | No | ||||||
| 910 | XX | XX | XX | XX | XX | 04/29/2026 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Initial Rate lock document is missing. | Reviewer Comment (2026-05-06): Initial XX Rate lock
document received. Buyer Comment (2026-05-04): Initial Lock Date |
05/06/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | 4/XX/2026 | CA | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | Non QM | Non QM | No | |||||||
| 910 | XX | XX | XX | XX | XX | 04/29/2026 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Negative Amortization | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on 04/17/2026 incorrectly disclosed whether the loan contains Negative Amortization. (Final/04/17/2026) | Page 4 of the final Closing Disclosure did not a box for Negative Amoritization. | Reviewer Comment (2026-05-05): XX received Letter of
Explanation & Corrected CD Buyer Comment (2026-05-04): TRID Cure Documents |
05/05/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | 4/XX/2026 | CA | Primary | Refinance - Rate/Term | Letter of Explanation & Corrected Closing Disclosure | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||
| 910 | XX | XX | XX | XX | XX | 04/29/2026 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Partial Payments | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on 04/17/2026 incorrectly disclosed whether the loan allows for Partial Payments. (Final/04/17/2026) | Page 4 of the final Closing Disclosure did not mark a for for Partial Payments. | Reviewer Comment (2026-05-05): XX received Letter of
Explanation & Corrected CD Buyer Comment (2026-05-04): See TRID Cure documents uploaded 5/4. |
05/05/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | 4/XX/2026 | CA | Primary | Refinance - Rate/Term | Letter of Explanation & Corrected Closing Disclosure | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||
| 910 | XX | XX | XX | XX | XX | 04/29/2026 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $6,984.38 exceeds tolerance of $0.00. $6,984.38 over legal limit. Insufficient or no cure was provided to the borrower. (7200) | Loan Discount Fee was not disclosed on Loan Estimate. File does not contain a valid Change of Circumstance for this fee, nor evidence of cure. | Reviewer Comment (2026-05-04): XX received rate lock
document lieu of valid changed circumstance. Buyer Comment (2026-05-04): See TRID Cure documents uploaded 5/4. |
05/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 4/XX/2026 | CA | Primary | Refinance - Rate/Term | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||
| 910 | XX | XX | XX | XX | XX | 04/29/2026 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $645.00 exceeds tolerance of $625.00. $20.00 over legal limit. Insufficient or no cure was provided to the borrower. (7506) | 0% tolerance was exceeded by $20.00 due to increase of appraisal fee. No valid Change of Circumstance provided, nor evidence of cure in file. | Reviewer Comment (2026-05-04): XX received Corrected PCCD,
Letter of Explanation, Proof of Delivery and Copy of Refund Check resulting
in a cured the exception. Buyer Comment (2026-05-04): See TRID Cure documents uploaded 5/4. |
05/04/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | 4/XX/2026 | CA | Primary | Refinance - Rate/Term | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||
| 910 | XX | XX | XX | XX | XX | 04/29/2026 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $2,134.00 exceeds tolerance of $1,740.00 plus 10% or $1,914.00. $220.00 over legal limit. Insufficient or no cure was provided to the borrower. (0) | 10% tolerance was exceeded by $220.00. No valid Change of Circumstance provided, nor evidence of cure in file. | Reviewer Comment (2026-06-03): XX Received Letter of
Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD. Buyer Comment (2026-06-02): Cure package. Reviewer Comment (2026-05-29): XX received Letter of explanation and Corrected Closing disclosure to move the title fees from section B to C and reduced the recording fee of $279 from $429. However, further review XX also required additional cure of $31.50 (ILE $225 + 10% ($22.5) = $247.50 - $279 PCCD) for the recording fee exceeds over 10% tolerance. A valid COC for the recording fee increased or refund cure of $31.50 is required to borrower. Cure consists of corrected CD, LOE to borrower, proof of mailing, and copy of refund check. Buyer Comment (2026-05-28): LOE and updated Closing Disclosure with fees in the correct location. Reviewer Comment (2026-05-04): XX received cure documents for the appraisal fee, which exceeds the 0% tolerance. However, no new documents were provided for fees exceeding the 10% tolerance. Additionally, the final SS reflects a total recording fee of $279, which is reduced compared to the PCCD dated 04/XX/2026. A corrected CD with a valid COC is required for any fees that were increased or newly added on the CD; otherwise, a cure would be due to the borrower. The cure must include a corrected CD, a letter of explanation to the borrower, proof of mailing, and a copy of the refund check. Buyer Comment (2026-05-04): See TRID Cure documents uploaded 5/4. |
06/03/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | 4/XX/2026 | CA | Primary | Refinance - Rate/Term | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||
| 910 | XX | XX | XX | XX | XX | 04/29/2026 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | File is missing verification of March 2026 mortgage payment. | Reviewer Comment (2026-05-06): Received updated credit
report with XX 3/13/2026 to verify mortgage payment history. Buyer Comment (2026-05-04): Evidence of March Payment |
05/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 4/XX/2026 | CA | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||
| 910 | XX | XX | XX | XX | XX | 04/29/2026 | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | Credit Report: Original // Borrower: XX | Reviewer Comment (2026-05-06): Fraud UW review letter
received confirming RED flag has been addressed. Buyer Comment (2026-05-04): Addressing Red Flags on Fraud Report |
05/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 4/XX/2026 | CA | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||
| 910 | XX | XX | XX | XX | XX | 04/29/2026 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XX VVOE with the CPA | Missing the VVOE with the CPA prior to closing. | Reviewer Comment (2026-05-20): VVOE with CPA prior to
consummation received in trailing documents. Buyer Comment (2026-05-18): See VVOE uploaded 5/18. Buyer Comment (2026-05-18): VVOE Reviewer Comment (2026-05-06): Provided business licenses is already updated, require VVOE with the CPA confirmation prior to the closing. Buyer Comment (2026-05-04): Verification of Employment. |
05/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 4/XX/2026 | CA | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | Non QM | Non QM | No | |||||||
| 910 | XX | XX | XX | XX | XX | 04/29/2026 | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. | Waterfall due to missing the VVOE with the CPA prior to closing. | Reviewer Comment (2026-05-20): VVOE with CPA prior to
consummation received in trailing documents. Reviewer Comment (2026-05-06): Provided business licenses is already updated, require VVOE with the CPA confirmation prior to the closing. Buyer Comment (2026-05-04): See verification of employment uploaded 5/4. |
05/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 4/XX/2026 | CA | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||
| 910 | XX | XX | XX | XX | XX | 04/29/2026 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Waterfall due to missing the VVOE with the CPA prior to closing. | Reviewer Comment (2026-05-20): VVOE with CPA prior to
consummation received in trailing documents. Buyer Comment (2026-05-18): See VVOE uploaded 5/18. Reviewer Comment (2026-05-06): Provided business licenses is already updated, require VVOE with the CPA confirmation prior to the closing. Buyer Comment (2026-05-04): See verification of employment uploaded 5/4. |
05/20/2026 | No | 1 | B | A | C | A | B | A | C | A | B | A | 4/XX/2026 | CA | Primary | Refinance - Rate/Term | Lender to provide updated ATR/QM Loan Designation | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||
| 910 | XX | XX | XX | XX | XX | 04/29/2026 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Waterfall due to missing the VVOE with the CPA prior to closing. | Reviewer Comment (2026-05-20): VVOE with CPA prior to
consummation received in trailing documents. Buyer Comment (2026-05-18): See VVOE uploaded 5/18. Reviewer Comment (2026-05-06): Provided business licenses is already updated, require VVOE with the CPA confirmation prior to the closing. Buyer Comment (2026-05-04): See verification of employment uploaded 5/4. |
05/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 4/XX/2026 | CA | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | Non QM | Non QM | No | |||||||
| 910 | XX | XX | XX | XX | XX | 04/29/2026 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Waterfall due to missing the VVOE with the CPA prior to closing. | Reviewer Comment (2026-05-20): VVOE with CPA prior to
consummation received in trailing documents. Buyer Comment (2026-05-18): See VVOE uploaded 5/18. Reviewer Comment (2026-05-06): Provided business licenses is already updated, require VVOE with the CPA confirmation prior to the closing. Buyer Comment (2026-05-04): See verification of employment uploaded 5/4. |
05/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 4/XX/2026 | CA | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | Non QM | Non QM | No | |||||||
| 910 | XX | XX | XX | XX | XX | 06/04/2026 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Amount Financed Test | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on 04/17/2026 disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of $539,656.36 is over disclosed by $150.00 compared to the calculated Amount Financed of $539,506.36 and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate (fee amounts included in Amount Financed and Finance Charge calculations are based on Closing Disclosure dated 05/29/2026). (Final/04/17/2026) | XX received 5-29-26 Corrected CD. The CD added another fee not disclosed on Final CD for $150 for Title-Title-Misc Charges which will be tested as a Finance Charge based on generic fee name and unable to determine services. This PCCD now reflects two Title-Title-Misc Charges fees of $150. Unable to determine which Title-Title-Misc Charge fee was disclosed on the Final CD and what services were associated to that fee and what services were added on the PCCD for the other Title-Title-Misc Charges to determine if finance charge(s). Borrower final settlement statement does reflect two $150 charges to borrower under Title Charges for Title-building Homes & Jobs Act Fee and Title-Single Document Signing Fe for Ex-Spouse. Please provide lender attestation confirming which fee was disclosed on the Final CD and the services provided for it and which fee was added on the PCCD and the services provided for it to determine finance charge calculation & if a cure would be due for an added finance charge. | Reviewer Comment (2026-07-14): XX received PCCD, LOE, Copy
of Refund Check, Re-opening of Rescission and Proof of Receipt. Reviewer Comment (2026-07-10): Received cure documentation. Documents not yet delivered to borrower, reset follow up date. Buyer Comment (2026-07-09): See attached docs - RTC/PCCD/LOX/Check/UPS Tracking Reviewer Comment (2026-07-07): $150 will cure the exception. PCCD, LOE, copy of refund check, re-opening rescission, and proof of delivery is required to cure. Reviewer Comment (2026-06-19): Building homes and jobs act fee seems to be the Misc title charge, currently being tested as a finance charge. Please confirm fee name for review. Buyer Comment (2026-06-18): Corrected closing disclosure issued 6/11. |
07/14/2026 | No | 2 | B | B | B | B | B | 4/XX/2026 | CA | Primary | Refinance - Rate/Term | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) | C | B | C | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| 910 | XX | XX | XX | XX | XX | 06/04/2026 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Finance Charge | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on 04/17/2026 disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of $731,748.59 is under disclosed by $150.00 compared to the calculated Finance Charge of $731,898.59 which exceeds the $35.00 threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated 05/29/2026). (Final/04/17/2026) | XX received 5-29-26 Corrected CD. The CD added another fee not disclosed on Final CD for $150 for Title-Title-Misc Charges which will be tested as a Finance Charge based on generic fee name and unable to determine services. This PCCD now reflects two Title-Title-Misc Charges fees of $150. Unable to determine which Title-Title-Misc Charge fee was disclosed on the Final CD and what services were associated to that fee and what services were added on the PCCD for the other Title-Title-Misc Charges to determine if finance charge(s). Borrower final settlement statement does reflect two $150 charges to borrower under Title Charges for Title-building Homes & Jobs Act Fee and Title-Single Document Signing Fe for Ex-Spouse. Please provide lender attestation confirming which fee was disclosed on the Final CD and the services provided for it and which fee was added on the PCCD and the services provided for it to determine finance charge calculation & if a cure would be due for an added finance charge. | Reviewer Comment (2026-07-14): XX received PCCD, LOE, Copy
of Refund Check, Re-opening of Rescission and Proof of Receipt. Reviewer Comment (2026-07-10): Received cure documentation. Documents not yet delivered to borrower, reset follow up date. Reviewer Comment (2026-07-07): $150 will cure the exception. PCCD, LOE, copy of refund check, re-opening rescission, and proof of delivery is required to cure. Reviewer Comment (2026-06-19): Building homes and jobs act fee seems to be the Misc title charge, currently being tested as a finance charge. Please confirm fee name for review. Buyer Comment (2026-06-18): See Closing disclosure uploaded 6/18. |
07/14/2026 | No | 2 | B | B | B | B | B | 4/XX/2026 | CA | Primary | Refinance - Rate/Term | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) | C | B | C | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| 910 | XX | XX | XX | XX | XX | 06/04/2026 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Total Of Payments | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on 04/17/2026 disclosed an inaccurate Total of Payments on page 5 that does not match the actual total of payments for the loan (fee amounts included in TOP calculation are based on Closing Disclosure dated 05/29/2026). The disclosed Total of Payments in the amount of $1,292,123.59 is under disclosed by $150.00 compared to the calculated total of payments of $1,292,273.59 which exceeds the $35.00 threshold. (Final/04/17/2026) | XX received 5-XX-26 Corrected CD. The CD added another fee not disclosed on Final CD for $150 for Title-Title-Misc Charges which now has the TOP calculation underdisclosed on the final CD due to the increase in the Section D total for added borrower fee. Cure would be Corrected CD, LOE to borrower, copy of cure refund of $150, proof of mailing and proof of reopening of rescission to all consumers. XX revisited the issue with outside counsel and received guidance indicating that the determination of whether the APR, Finance Charge, Amount Financed, and TOP disclosed to the consumer at consummation is accurate will be based on whether the creditor disclosed based on the best information reasonably available at the time of disclosure. Note that the “reasonably available” standard requires that the creditor, acting in good faith, exercise due diligence in obtaining information. If there is sufficient documentation in the loan file to support that disclosures were made based on best information reasonably available and creditor acted in good faith and exercised diligence in obtaining the information and the inaccuracies in disclosures are attributable to events occurring after the disclosures are made (not information the lender was aware of or should have been aware of at the time of disclosure), a violation would not be cited for inaccurate disclosures (APR, Finance Charge, Amount Financed, TOP). Note that dry state closings, in and of itself, would not be sufficient reason for fees to increase and not result in an under disclosure finding. As noted, there must be documentation in file to support that disclosures at consummation were: 1. made based on best information reasonably available; 2. that creditor acted in good faith and exercised diligence in obtaining the information; and 3. the inaccuracies in disclosures are attributable to events occurring after the disclosures are made (not information the lender was aware of or should have been aware of at the time of disclosure) | Reviewer Comment (2026-07-14): XX received PCCD, LOE, Copy
of Refund Check, Re-opening of Rescission and Proof of Receipt. Reviewer Comment (2026-07-07): $150 will cure the exception. PCCD, LOE, copy of refund check, re-opening rescission, and proof of delivery is required to cure. Reviewer Comment (2026-06-19): Building homes and jobs act fee seems to be the Misc title charge, currently being tested as a finance charge. Please confirm fee name for review. Buyer Comment (2026-06-18): See Closing Disclosure uploaded 6/18. |
07/14/2026 | No | 2 | B | B | B | B | B | 4/XX/2026 | CA | Primary | Refinance - Rate/Term | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed equivalent amount, Corrected CD, and Re-open Rescission i(required on rescindable transactions) | C | B | C | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| 858 | XX | XX | XX | XX | XX | 06/03/2026 | 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 (2026-06-03): CDFI lender testing ATR |
06/03/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | 5/XX/2026 | TX | Primary | Refinance - Cash-out - Other | C | B | A | A | C | B | A | A | Non QM | Exempt from ATR | No | ||||||||
| 858 | XX | XX | XX | XX | XX | 06/03/2026 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Finance Charge Test | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on 05/22/2026 disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of $529,363.15 is under disclosed by $64.95 compared to the calculated Finance Charge of $529,428.10 which exceeds the $35.00 threshold. Disclosed Amount Financed on page 5 is also blank or inaccurate. Fee amounts included in Finance Charge and Amount Financed calculations are based on Closing Disclosure dated 05/22/2026). (Final/05/22/2026) | The disclosed Finance Charge in the amount of $529,363.15 is under disclosed by $64.95 compared to the calculated Finance Charge of $529,428.10. Tax Certificate Fee was not included in finance charge. | Reviewer Comment (2026-07-10): XX received Letter of
Explanation, Proof of Delivery, Refund check for underdisclosed amount,
Corrected CD, and Re-open Rescission. Buyer Comment (2026-07-10): Please find attached RTC and proof of delivery, and clear the exception. Reviewer Comment (2026-06-12): This is a material exception on a rescindable transaction and requires reopening of rescission and proof of delivery of RTC to complete cure. Further, the RTC must allow the borrower three days to cancel the transaction from date of delivery. Buyer Comment (2026-06-11): PFA Reviewer Comment (2026-06-09): XX received lender compliance report. Appears lender calculation did not include the Title-Tax Certificate fee of $64.95. Please confirm tax certificate fee is for one time upfront tax determination and does not include life of loan services to determine if excludable from finance charges. While we acknowledge that a one-time up front tax determination used in the decisions to extend credit would be excluded from finance charge under 1026.4(c)(7), any portion of a charge for life of loan tax service is considered a finance charge. Without documentation evidencing which portion is for life of loan vs. one time upfront, the entire amount is included in finance charges for testing purposes pursuant to Comment 19 (4)(c)(7)-3 which provides: For example, a fee for one or more determinations during the loan term of the current tax-lien status or flood-insurance requirements is a finance charge, regardless of whether the fee is imposed at closing, or when the service is performed. If a creditor is uncertain about what portion of a fee to be paid at consummation or loan closing is related to the initial decision to grant credit, the entire fee may be treated as a finance charge. Buyer Comment (2026-06-08): Please find attached compliance report. |
07/10/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | 5/XX/2026 | TX | Primary | Refinance - Cash-out - Other | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) | C | B | A | A | C | B | A | A | Non QM | Exempt from ATR | No | ||||||
| 858 | XX | XX | XX | XX | XX | 06/03/2026 | Compliance | Compliance | Federal Compliance | TRID | TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $272.00 exceeds tolerance of $208.00 plus 10% or $228.80. Sufficient or excess cure was provided to the borrower at Closing. (0) | Reviewer Comment (2026-06-03): Sufficient Cure Provided At
Closing |
06/03/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | 5/XX/2026 | TX | Primary | Refinance - Cash-out - Other | Final CD evidences Cure | C | B | A | A | C | B | A | A | Non QM | Exempt from ATR | No | |||||||
| 836 | XX | XX | XX | XX | XX | 06/09/2026 | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. | Missing a CPA letter confirming borrower's ownership in all businesses used for income and verifying business existence within 20 business days of note date. Also missing business bank statement from June 2025, December 2025, January 2026, February 2026 for XX account #XX. | Reviewer Comment (2026-07-20): Operating agreements and
business entity listings received in trailing documents for the two
businesses used in income qualification meeting guideline requirements. Buyer Comment (2026-07-20): Corrected Exception Approval Buyer Comment (2026-07-20): CORRECTED UPLOADS: Revised Exception and 1008. Removed Income from XX Buyer Comment (2026-07-20): Revised Exception and 1008. Removed Income from XX Reviewer Comment (2026-07-17): Client management to rereview based on email correspondence. Buyer Comment (2026-07-15): exception Reviewer Comment (2026-07-09): Received same exception as in previous submission. Page 3 detailing what was relied on pre-consummation in closing the loan without evidence of the borrower's ownership and ownership percentage in the businesses used in income qualifying will need to be provided for review. Buyer Comment (2026-07-09): exception Reviewer Comment (2026-07-06): Provide an updated lender exception with page 3 completed with what was relied upon to close the loan with the missing information. Buyer Comment (2026-07-01): We provided the operating agreements that report the % of ownership. D0488 & D0482 Reviewer Comment (2026-07-01): The lender exception provided does not address the missing 3rd party verification confirming ownership percentages. Buyer Comment (2026-07-01): exception Reviewer Comment (2026-06-28): Removed income source as indicated in lender comments. Still pending third party verification of ownership percent in all businesses used in income qualifying and third party verification dated pre-consummation, as all verification provided is dated post-consummation date. Buyer Comment (2026-06-25): XX was not used to qualify Reviewer Comment (2026-06-23): Please clarify which account number you are stating was not used in income qualification, as there are 3 XX accounts in file. Further, the verification provided is dated post-consummation. Please provide evidence of third party verification dated on or before consummation. Buyer Comment (2026-06-23): XX Fund income was not used to qualify Buyer Comment (2026-06-23): 1008 Buyer Comment (2026-06-23): income worksheet Buyer Comment (2026-06-23): XX I Buyer Comment (2026-06-23): XX 1 fund Buyer Comment (2026-06-23): XX Fund 3 |
07/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | TX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | N/A | Exempt from ATR | No | ||||||||
| 836 | XX | XX | XX | XX | XX | 06/09/2026 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XX CPA Letter | Missing a CPA letter confirming borrower's ownership in all businesses used for income and verifying business existence within 20 business days of note date. | Reviewer Comment (2026-07-20): Operating agreements and
business entity listings received in trailing documents for the two
businesses used in income qualification meeting guideline requirements. Reviewer Comment (2026-07-17): Client management to rereview based on email correspondence. Buyer Comment (2026-07-15): see attached exception Reviewer Comment (2026-07-09): Received same exception as in previous submission. Page 3 detailing what was relied on pre-consummation in closing the loan without evidence of the borrower's ownership and ownership percentage in the businesses used in income qualifying will need to be provided for review. Buyer Comment (2026-07-09): see attached exception Reviewer Comment (2026-07-06): Provide an updated lender exception with page 3 completed with what was relied upon to close the loan with the missing information. Buyer Comment (2026-07-01): We provided the operating agreements that report the % of ownership. D0488 & D0482 Reviewer Comment (2026-07-01): The lender exception provided does not address the missing 3rd party verification confirming ownership percentages. Buyer Comment (2026-07-01): see attached exception Reviewer Comment (2026-06-28): Removed income source as indicated in lender comments. Still pending third party verification of ownership percent in all businesses used in income qualifying and third party verification dated pre-consummation, as all verification provided is dated post-consummation date. Reviewer Comment (2026-06-23): Please clarify which account number you are stating was not used in income qualification, as there are 3 XX accounts in file. Further, the verification provided is dated post-consummation. Please provide evidence of third party verification dated on or before consummation. Buyer Comment (2026-06-23): see attached docs |
07/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | TX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | N/A | Exempt from ATR | No | |||||||
| 836 | XX | XX | XX | XX | XX | 06/09/2026 | Credit | Income | Income Error | Income | The Total Bank Statement Period months provided is less than the required # of Bank Statements required. | Borrower: XX // Employment Type: Employment / Income Type: Bank Statements / Start Date: 05/XX/2020 | Missing business bank statement from June 2025, December 2025, January 2026, February 2026 for XX account #XX. | Reviewer Comment (2026-06-12): Statements provided Buyer Comment (2026-06-10): 02/2026 Buyer Comment (2026-06-10): 01/2026 Buyer Comment (2026-06-10): 12/2025 Buyer Comment (2026-06-10): 06/2025 |
06/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | TX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | N/A | Exempt from ATR | No | |||||||
| 835 | XX | XX | XX | XX | XX | 06/09/2026 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower:XX Third Party Verification | Missing third party verification of self-employment for all 4 businesses used in income qualification dated within 20 business days of the Note date, as well as evidence of borrower's ownership percent in each business. Income subject to recalculation once received. | Reviewer Comment (2026-07-20): Operating agreements and
business entity listings received in trailing documents for the two
businesses used in income qualification meeting guideline requirements. Reviewer Comment (2026-07-17): Client management to rereview based on email correspondence. Buyer Comment (2026-07-15): exception Reviewer Comment (2026-07-01): Provide verification of ownership for the business listed under borrowers name. Buyer Comment (2026-07-01): exception Reviewer Comment (2026-06-28): Removed income source as indicated in lender comments. Still pending third party verification of ownership percent in all businesses used in income qualifying and third party verification dated pre-consummation, as all verification provided is dated post-consummation date. Buyer Comment (2026-06-25): XX was not used to qualify Reviewer Comment (2026-06-23): Please clarify which account number you are stating was not used in income qualification, as there are 3 XX accounts in file. Further, the verification provided is dated post-consummation. Please provide evidence of third party verification dated on or before consummation. Buyer Comment (2026-06-23): 1008 Buyer Comment (2026-06-23): income worksheet Buyer Comment (2026-06-23): XX 1 Fund Buyer Comment (2026-06-23): XX Fund 1 Buyer Comment (2026-06-23): XX Fund 3 Buyer Comment (2026-06-23): XX Fund income was not used to qualify |
07/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | TX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | N/A | Exempt from ATR | No | |||||||
| 835 | XX | XX | XX | XX | XX | 06/09/2026 | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. | Missing third party verification of self-employment for all 4 businesses used in income qualification dated within 20 business days of the Note date, as well as evidence of borrower's ownership percent in each business. Income subject to recalculation once received. | Reviewer Comment (2026-07-20): Operating agreements and
business entity listings received in trailing documents for the two
businesses used in income qualification meeting guideline requirements. Buyer Comment (2026-07-20): Revised Exception and 1008. Removed Income from XX Reviewer Comment (2026-07-17): Client management to rereview based on email correspondence. Buyer Comment (2026-07-15): see attached exception Reviewer Comment (2026-07-08): Received operating agreements for XX 1 and XX 3 fund. Still pending evidence of the business income percent ownership for the co-mingled account ending in XX and the exception provided does not address this. Buyer Comment (2026-07-06): We provided an exception XX and operating agreement XX & XX Reviewer Comment (2026-07-01): Provide verification of ownership for the business listed under borrowers name. Buyer Comment (2026-07-01): see attached exception Reviewer Comment (2026-06-28): Removed income source as indicated in lender comments. Still pending third party verification of ownership percent in all businesses used in income qualifying and third party verification dated pre-consummation, as all verification provided is dated post-consummation date. Reviewer Comment (2026-06-23): Please clarify which account number you are stating was not used in income qualification, as there are 3 XX accounts in file. Further, the verification provided is dated post-consummation. Please provide evidence of third party verification dated on or before consummation. Buyer Comment (2026-06-23): see attached docs |
07/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | TX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | N/A | Exempt from ATR | No | ||||||||
| 835 | XX | XX | XX | XX | XX | 07/01/2026 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Provide verification of the business ownership for all 4 business entities used for income. | Reviewer Comment (2026-07-20): Operating agreements and
business entity listings received in trailing documents for the two
businesses used in income qualification meeting guideline requirements. Reviewer Comment (2026-07-17): Client management to rereview based on email correspondence. Buyer Comment (2026-07-15): see attached exception Reviewer Comment (2026-07-08): Received operating agreements for XX 1 and XX 3 fund. Still pending evidence of the business income percent ownership for the co-mingled account ending in XX and the exception provided does not address this. Buyer Comment (2026-07-06): We provided an exception XX and operating agreement XX & XX Reviewer Comment (2026-07-01): Cleared in error. Reviewer Comment (2026-07-01): Operating Agreements provided. |
07/20/2026 | No | 1 | A | A | A | A | A | 5/XX/2026 | TX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | N/A | Exempt from ATR | No | |||||||||||||
| 842 | XX | XX | XX | XX | XX | 06/04/2026 | Credit | Credit | Credit Eligibility | Guideline | Public Record Issue: | Credit Report: Original // Public Record Type: Tax Liens / Balance: 175163.00 | Please provide evidence that the tax lien for $xx has been satisfied or released. | Reviewer Comment (2026-07-08): Waived per lender
direction. Buyer Comment (2026-07-06): Please see exception attached. Thank you. Reviewer Comment (2026-06-25): The document attached does not identify who the payments are being made to, or that our borrower is making these payments. If this is on a payment plan, please provide approved payment plan and evidence these payments are for this plan from our borrower. Buyer Comment (2026-06-24): Please see attached. Thank you. Buyer Comment (2026-06-24): Please see attached Tax Lien documents |
07/08/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | 5/XX/2026 | SC | Second Home | Refinance - Rate/Term | C | B | C | B | C | A | A | A | Non QM | Exempt from ATR | No | |||||||
| 842 | XX | XX | XX | XX | XX | 06/04/2026 | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. | File is missing the 07/2025 statement for the XX account ending in XX, as well as third-party verification of both businesses used in income qualifying dated within 20 business days of the Note date. The state printouts provided are dated 25 business days prior to the Note date. | Reviewer Comment (2026-06-25): 7/2025 statement received in
trailing documents. Buyer Comment (2026-06-24): Please see attached. Reviewer Comment (2026-06-19): Requirement of third-party verification is met as XX guideline required verification within 30 business days of the Note Date. But July 2025 bank statement for XX - XX is still missing. There is no mixing of accounts, only one account XXwas provided for this business. Account #XX is for another business - XX Exception remains. Buyer Comment (2026-06-17): Please waive as the statements are dated 25 days after the Note date. If we cannot waive, please advise if an exception will be required. Thank you. |
06/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | SC | Second Home | Refinance - Rate/Term | C | B | C | B | C | A | A | A | Non QM | Exempt from ATR | No | ||||||||
| 842 | XX | XX | XX | XX | XX | 06/04/2026 | 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 (2026-06-03): CDFI lender testing ATR |
06/03/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | 5/XX/2026 | SC | Second Home | Refinance - Rate/Term | C | B | C | B | C | A | A | A | Non QM | Exempt from ATR | No | ||||||||
| 842 | XX | XX | XX | XX | XX | 06/04/2026 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): Ability to Repay (Dodd-Frank 2014): There are one or more guideline deficiencies related to income and/or asset doc requirements which may impact the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Reviewer Comment (2026-06-25): 7/2025 statement received in
trailing documents. |
06/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | SC | Second Home | Refinance - Rate/Term | C | B | C | B | C | A | A | A | Non QM | Exempt from ATR | No | ||||||||
| 842 | XX | XX | XX | XX | XX | 06/04/2026 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | File is missing the 07/2025 statement for the XX account ending in XX, as well as third-party verification of both businesses used in income qualifying dated within 20 business days of the Note date. The state printouts provided are dated 25 business days prior to the Note date. | Reviewer Comment (2026-06-25): 7/2025 statement received in
trailing documents. |
06/25/2026 | No | 1 | B | A | C | A | B | A | C | A | B | A | 5/XX/2026 | SC | Second Home | Refinance - Rate/Term | Lender to provide updated ATR/QM status | C | B | C | B | C | A | A | A | Non QM | Exempt from ATR | No | ||||||
| 842 | XX | XX | XX | XX | XX | 06/04/2026 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | General Ability to Repay Provision: Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | File is missing the 07/2025 statement for the XX account ending in XX, as well as third-party verification of both businesses used in income qualifying dated within 20 business days of the Note date. The state printouts provided are dated 25 business days prior to the Note date. | Reviewer Comment (2026-06-25): 7/2025 statement received in
trailing documents. |
06/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | SC | Second Home | Refinance - Rate/Term | C | B | C | B | C | A | A | A | Non QM | Exempt from ATR | No | |||||||
| 842 | XX | XX | XX | XX | XX | 06/04/2026 | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. | File is missing the 07/2025 statement for the XX account ending in XX, as well as third-party verification of both businesses used in income qualifying dated within 20 business days of the Note date. The state printouts provided are dated 25 business days prior to the Note date. | Reviewer Comment (2026-06-25): 7/2025 statement received in
trailing documents. |
06/25/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | 5/XX/2026 | SC | Second Home | Refinance - Rate/Term | C | B | C | B | C | A | A | A | Non QM | Exempt from ATR | No | |||||||
| 842 | XX | XX | XX | XX | XX | 06/04/2026 | Credit | Income | Income Error | Income | The Total Bank Statement Period months provided is less than the required # of Bank Statements required. | Borrower: XX // Employment Type: Employment / Income Type: Bank Statements / Start Date: 08/11/2020 | File is missing the 07/2025 statement for the XX account ending in XX. | Reviewer Comment (2026-06-25): 7/2025 statement received in
trailing documents. Buyer Comment (2026-06-24): Please see statement attached. Reviewer Comment (2026-06-19): July 2025 bank statement for XX - XX is still missing. There is no mixing of accounts, only one account XX #XX was provided for this business. Account #XX is for another business - XX Exception remains. Buyer Comment (2026-06-17): Situs per XX guideline's Borrower can mix & match accounts to qualify to make the 12mths. All 12mths do not have to be from the same depositary to qualify. Thanks so much. |
06/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | SC | Second Home | Refinance - Rate/Term | C | B | C | B | C | A | A | A | Non QM | Exempt from ATR | No | |||||||
| 842 | XX | XX | XX | XX | XX | 06/04/2026 | Credit | Income | Income Error | Income | The total of Statement Period Months entered is less than the Qualifying Method entered of Most Recent 12 months. | Borrower: XX // Employment Type: Employment / Income Type: Bank Statements / Start Date: 08/11/2020 Statement Period Months provided: 11, | File is missing the 07/2025 statement for the XX account ending in XX. | Reviewer Comment (2026-06-25): 7/2025 statement received in
trailing documents. Buyer Comment (2026-06-24): Please see 7/25 XX statement acct #XX. Thank you. Reviewer Comment (2026-06-19): July 2025 bank statement for XX - XXis still missing. There is no mixing of accounts, only one account XX was provided for this business. Account #XX is for another business -XX. Exception remains. Buyer Comment (2026-06-17): Situs per XX guideline's Borrower can mix & match accounts to qualify to make the 12mths. All 12mths do not have to be from the same depositary to qualify. Thanks so much. |
06/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | SC | Second Home | Refinance - Rate/Term | C | B | C | B | C | A | A | A | Non QM | Exempt from ATR | No | |||||||
| 842 | XX | XX | XX | XX | XX | 06/04/2026 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Income and Assets - Bank Statement Guidelines Number of Bank Statements Requirement not met | Ability to Repay (Dodd-Frank 2014): The number of bank statements provided for borrower's bank statement income was less than the number required by guidelines. (XX/Bank Statements) | File is missing the 07/2025 statement for the XX account ending in XX. | Reviewer Comment (2026-06-25): 7/2025 statement received in
trailing documents. |
06/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | SC | Second Home | Refinance - Rate/Term | C | B | C | B | C | A | A | A | Non QM | Exempt from ATR | No | |||||||
| 842 | XX | XX | XX | XX | XX | 06/04/2026 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XX Third Party Verification | Missing third-party verification of both businesses used in income qualifying dated within 20 business days of the Note date. The state printouts provided are dated 25 business days prior to the Note date. | Reviewer Comment (2026-06-25): 7/2025 statement received in
trailing documents. Buyer Comment (2026-06-24): See statement date 7/25 attached. Reviewer Comment (2026-06-19): Requirement of third party verification is met as Activator Prime guideline required verification within 30 business days of the Note Date. But July 2025 bank statement for XX - XX is still missing. There is no mixing of accounts, only one account XX was provided for this business. XX is for another business - XX. Exception remains. Buyer Comment (2026-06-17): Please waive as the statements are dated 25 days after the Note date. If we cannot waive, please advise if an exception will be required. Thank you. Buyer Comment (2026-06-17): Situs per XX guideline's Borrower can mix & match accounts to qualify to make the 12mths. All 12mths do not have to be from the same depositary to qualify. Thanks so much. |
06/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | SC | Second Home | Refinance - Rate/Term | C | B | C | B | C | A | A | A | Non QM | Exempt from ATR | No | |||||||
| 884 | XX | XX | XX | XX | XX | 06/05/2026 | Credit | Disclosure | Missing Document | Disclosure | E-sign Consent Agreement is missing. | Disclosure: E-Sign Consent Agreement | E-sign Consent Agreement is missing. | Reviewer Comment (2026-06-10): E-sign consent. Buyer Comment (2026-06-08): PFA as requested |
06/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | WI | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Exempt from ATR | No | |||||||
| 884 | XX | XX | XX | XX | XX | 06/05/2026 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Will Not Have Escrow - Reason | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on 05/28/2026 incorrectly disclosed whether the loan will have an escrow account. (Final/05/28/2026) | Final Closing Disclosure will not have escrow. | Reviewer Comment (2026-06-10): Situamc Received Letter of
Explanation & Corrected Closing Disclosure. Buyer Comment (2026-06-09): PFA as requested |
06/10/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | 5/XX/2026 | WI | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure | C | B | C | A | C | B | A | A | Non QM | Exempt from ATR | No | ||||||
| 884 | XX | XX | XX | XX | XX | 06/05/2026 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Co-borrower disclosed her citizenship as US Citizen on the final 1003, however a valid Permanent Resident Card is in the file. Please provide updated documentation regarding citizenship. | Reviewer Comment (2026-07-14): Corrected 1003 received in
trailing documents. Buyer Comment (2026-07-14): certificate Buyer Comment (2026-07-14): revised signed 1003 |
07/14/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | WI | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Exempt from ATR | No | ||||||||
| 884 | XX | XX | XX | XX | XX | 06/05/2026 | 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 (2026-06-04): CDFI Lender testing ATR. |
06/04/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | 5/XX/2026 | WI | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Exempt from ATR | No | ||||||||
| 872 | XX | XX | XX | XX | XX | 06/08/2026 | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: Preliminary; State: CA |
Reviewer Comment (2026-06-25): Title Supplement received
and verified. Exception cleared Buyer Comment (2026-06-23): Please see attached supplement to title with correct loan amount. Thank you. |
06/25/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | 5/XX/2026 | CA | Primary | Refinance - Cash-out - Other | C | B | B | A | C | B | A | A | Non QM | Exempt from ATR | No | ||||||||
| 872 | XX | XX | XX | XX | XX | 06/08/2026 | 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 (2026-06-05): CDFI lender testing ATR |
06/05/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | 5/XX/2026 | CA | Primary | Refinance - Cash-out - Other | C | B | B | A | C | B | A | A | Non QM | Exempt from ATR | No | ||||||||
| 872 | XX | XX | XX | XX | XX | 06/08/2026 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Finance Charge Test | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on 05/23/2026 disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of $612,001.38 is under disclosed by $280.00 compared to the calculated Finance Charge of $612,281.38 which exceeds the $35.00 threshold. Disclosed Amount Financed on page 5 is also blank or inaccurate. Fee amounts included in Finance Charge and Amount Financed calculations are based on Closing Disclosure dated 05/23/2026). (Final/05/23/2026) | Final Closing Disclosure disclosed a finance charge of $612,001.38; calculated finance charge is $612,281.38. Variance of $-280.00. | Reviewer Comment (2026-07-13): XX received PCCD, LOE, Copy
of Refund Check, Re-opening of Rescission and Proof of Receipt. Reviewer Comment (2026-07-13): Remediation documents have not been received by borrower at this time. follow-up review has been set for 7/14. Buyer Comment (2026-07-13): please find RTC doc Buyer Comment (2026-07-13): Please find attached cure docs. Reviewer Comment (2026-06-23): 1026.4(c)(7) noted here, specifically excludes Document Prep (ii) Fees and Notary fees(iii). 1026.4(c)(7) excludes the following fees only. (i) Fees for title examination, abstract of title, title insurance, property survey, and similar purposes. (ii) Fees for preparing loan-related documents, such as deeds, mortgages, and reconveyance or settlement documents. (iii) Notary and credit-report fees. (iv) Property appraisal fees or fees for inspections to assess the value or condition of the property if the service is performed prior to closing, including fees related to pest-infestation or flood-hazard determinations. (v) Amounts required to be paid into escrow or trustee accounts if the amounts would not otherwise be included in the finance charge. Additionally, XX recognizes that fees can be updated in dry funding state, however, testing methodology generally remains the same. Creditors are required to disclose CDs based on best information reasonably known to the creditor at time of disclosure. This best information reasonably available standard requires the creditor to exercise due diligence in obtaining the information. Similar to pre-TRID reviews or reviews of loans not subject to TRID, the APR, Finance Charge, TOP and other material disclosures disclosed on the TIL Disclosure provided at consummation are compared to the actual APR, Finance Charge and TOP at consummation (using the fees from the final HUD in file which could be dated post consummation on a dry state). The accuracy of material disclosures is based on the disclosures provided at or before consummation, not based on a TIL provided post consummation. This means the finance charge is being tested against $612,001.38 as the final finance charge prior to/at consummation. Cure required is $280, please provide PCCD, LOE, Copy of refund check, re-opening of rescission and proof of delivery to cure. Further, the RTC must allow the borrower three days to cancel the transaction from date of delivery. Buyer Comment (2026-06-22): As per compliance report (D0506), we are considering notary fee and doc prepare fee in finance charge which makes finance charge = $ 612,581.38 which is correctly disclosed in CD dates 6/16/2026. Reviewer Comment (2026-06-19): Finance charges cross checked with FSS, and fees match. Finance charge fees are LDP, Mortgage Broker fee, Prepaid interest, processing fee, Subordination Fee, Title - recording service fee, Title - escrow fee, and underwriting fee for a total of $12,822.58. (Payments of $2970.72 x 359 + final pay of $2970.32 = $1,069,458.80 - Loan amount of $470,000 = $599,458.80 = finance charges of $12,822.58 = $612,281.38) Loan is under disclosed in the amount of $280.00. Cure requires PCCD, LOE, Copy of refund check, Re-opening of rescission and proof of delivery to cure. Buyer Comment (2026-06-18): Please find attached final settlement statement and as per FSS all costs were disclosed properly to borrower. kindly clear the condition. Reviewer Comment (2026-06-17): XX received Corrected CD, LOE and XX report. However, remainder of cure is required. XX report confirms that the Finance Charge disclosed to borrower at consummation was underdisclosed. Final CD disclosed as $612,001.38. XX calculated at $612,281.38, XX disclosed as $612,581.38 which would have been overdisclosed if lender had utilized this calculation on the Final CD. Lender must cure and provide the following: LOE to borrower explaining the violation and cure to accompany the PCCD issued 6-16-26, copy of cure refund of $280.00, proof of mailing and proof of reopening of rescission as this is a material disclosure violation on a rescindable transaction. Buyer Comment (2026-06-16): PFA PC_CD and XX report, Reviewer Comment (2026-06-10): Referenced document shows finance charge under disclosed in the amount of $580, however, XX shows the loan as under disclosed in the amount of $280. The Notary fee and Document prep fees are not considered finance charges. Cure requires PCCD, LOE, Copy of refund check, re-opening of RTC and proof of delivery. This is a material exception on a rescindable transaction and requires reopening of rescission and proof of delivery of RTC to complete cure. Further, the RTC must allow the borrower three days to cancel the transaction from date of delivery. Buyer Comment (2026-06-09): Please refer D0344 and re-review the condition loan amount is $470,000 |
07/13/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | 5/XX/2026 | CA | Primary | Refinance - Cash-out - Other | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) | C | B | B | A | C | B | A | A | Non QM | Exempt from ATR | No | ||||||
| 841 | XX | XX | XX | XX | XX | 06/09/2026 | Credit | Credit | Credit Documentation | Missing Document | Missing Document: Credit Report not provided | Reviewer Comment (2026-06-17): Received Credit Report.
Exception cleared. Buyer Comment (2026-06-15): credit report |
06/17/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | 5/XX/2026 | TX | Primary | Refinance - Rate/Term | D | B | D | B | C | B | A | A | Non QM | Exempt from ATR | No | |||||||||
| 841 | XX | XX | XX | XX | XX | 06/09/2026 | Credit | Disclosure | Missing Document | Disclosure | E-sign Consent Agreement is missing. | Disclosure: E-Sign Consent Agreement | E-sign Consent Agreement is missing. | Reviewer Comment (2026-06-22): Received e-sign consent
agreement. Exception cleared. Buyer Comment (2026-06-18): see attached |
06/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | TX | Primary | Refinance - Rate/Term | D | B | D | B | C | B | A | A | Non QM | Exempt from ATR | No | |||||||
| 841 | XX | XX | XX | XX | XX | 06/09/2026 | 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 (2026-06-08): CDFI Lender testing ATR. |
06/08/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | 5/XX/2026 | TX | Primary | Refinance - Rate/Term | D | B | D | B | C | B | A | A | Non QM | Exempt from ATR | No | ||||||||
| 841 | XX | XX | XX | XX | XX | 06/09/2026 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Finance Charge Test | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on 05/22/2026 disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of $227,396.68 is under disclosed by $38.36 compared to the calculated Finance Charge of $227,435.04 which exceeds the $35.00 threshold. Disclosed Amount Financed on page 5 is also blank or inaccurate. Fee amounts included in Finance Charge and Amount Financed calculations are based on Closing Disclosure dated 05/22/2026). (Final/05/22/2026) | Final Closing Disclosure disclosed a finance charge of $227,396.68; calculated finance charge is $227,435.04. Variance of -$38.36. | Reviewer Comment (2026-07-16): XX received PCCD, LOE, Copy
of Refund Check, Re-opening of Rescission and Proof of Receipt. Buyer Comment (2026-07-15): See attached RTC docs and support info. Reviewer Comment (2026-07-15): XX received Corrected CD, LOE to borrower, copy of cure refund for total underdisclosure and proof of mailing. As this is a Material Disclosure violation on a rescindable transaction, the reopening of rescission is also required. Please provide proof rescission reopened to all consumers. Buyer Comment (2026-07-14): One more try - here you go. Reviewer Comment (2026-06-26): Unfortunatelty documents uploaded errored. Please re-upload for review. thanks Buyer Comment (2026-06-25): See attached |
07/16/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | 5/XX/2026 | TX | Primary | Refinance - Rate/Term | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) | D | B | D | B | C | B | A | A | Non QM | Exempt from ATR | No | ||||||
| 841 | XX | XX | XX | XX | XX | 06/09/2026 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | General Ability to Repay Provision: Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Missing Credit Report and TPV of self employment. | Reviewer Comment (2026-07-07): Waived with compensating
factors per lender exception approval. Reviewer Comment (2026-07-07): Regraded to EV2-B based on comp factors. |
07/07/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | 5/XX/2026 | TX | Primary | Refinance - Rate/Term | D | B | D | B | C | B | A | A | Non QM | Exempt from ATR | No | |||||||
| 841 | XX | XX | XX | XX | XX | 06/09/2026 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): Ability to Repay (Dodd-Frank 2014): There are one or more guideline deficiencies related to income and/or asset doc requirements which may impact the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Missing TPV of self employment within 20 business days of the Note date. | Reviewer Comment (2026-07-07): Waived with compensating
factors per lender exception approval. Reviewer Comment (2026-07-07): Regraded to EV2-B based on comp factors. Buyer Comment (2026-07-03): Exception |
07/07/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | 5/XX/2026 | TX | Primary | Refinance - Rate/Term | D | B | D | B | C | B | A | A | Non QM | Exempt from ATR | No | |||||||
| 841 | XX | XX | XX | XX | XX | 06/09/2026 | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. | Missing TPV of self employment within 20 business days of the Note date. | The qualifying DTI on the loan is at least 10% less than
the guideline maximum. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. The representative FICO score exceeds the guideline minimum by at least 40 points. Borrower has verified disposable income of at least $2500.00. |
DTI: 24.85374% Guideline Maximum DTI: 50.00000% Reserves: 13.38 Guideline Requirement: 3.00 Guidelines Representative FICO: 640 Representative FICO: 756 Documentation Type: 12mo Bank Statement Disposable Income: $15,538.51 |
Originator,XX Originator,XX Originator,XX Originator,XX |
Reviewer Comment (2026-07-07): Waived with compensating
factors per lender exception approval. Buyer Comment (2026-07-01): exception Reviewer Comment (2026-06-28): Documentation received is dated post-consummation. Please provide third party verification dated on or before consummation Buyer Comment (2026-06-25): xx Buyer Comment (2026-06-25): xx |
07/07/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | 5/XX/2026 | TX | Primary | Refinance - Rate/Term | D | B | D | B | C | B | A | A | Non QM | Exempt from ATR | No | |||||
| 841 | XX | XX | XX | XX | XX | 06/09/2026 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XX Third Party Verification | Missing TPV within 20 business days of the Note date. | Borrower has verified disposable income of at least
$2500.00. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. The qualifying DTI on the loan is at least 10% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least 40 points. |
Documentation Type: 12mo Bank Statement Disposable Income: $15,538.51 Reserves: 13.38 Guideline Requirement: 3.00 DTI: 24.85374% Guideline Maximum DTI: 50.00000% Guidelines Representative FICO: 640 Representative FICO: 756 |
Originator,XX Originator,XX Originator,XX Originator,XX |
Reviewer Comment (2026-07-07): Waived with compensating
factors per lender exception approval. Reviewer Comment (2026-07-06): Lender exception states that there is a google lookup for the business via xx but there is nothing in the file for this dated prior to closing. Buyer Comment (2026-07-01): see attached exception Reviewer Comment (2026-06-28): Documentation received is dated post-consummation. Please provide third party verification dated on or before consummation |
07/07/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | 5/XX/2026 | TX | Primary | Refinance - Rate/Term | D | B | D | B | C | B | A | A | Non QM | Exempt from ATR | No | ||||
| 833 | XX | XX | XX | XX | XX | 06/11/2026 | 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 (2026-06-11): CDFI lender testing ATR |
06/11/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | 5/XX/2026 | AZ | Primary | Refinance - Limited Cash-out GSE | C | B | C | B | A | A | A | A | Non QM | Exempt from ATR | No | ||||||||
| 833 | XX | XX | XX | XX | XX | 06/11/2026 | Credit | Credit | Miscellaneous | Credit | Missing Document: Credit Letter of Explanation (LOE) not provided | Loan is a Primary Cash-out, however, unable to verify that borrower will occupy subject property as the primary residence as the final 1003 disclosed a different address. | Borrower has verified disposable income of at least
$2500.00. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. The qualifying DTI on the loan is at least 10% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least 40 points. |
XX XX XX XX |
Reviewer Comment (2026-07-17): Waived with compensating
factors per lender direction. Buyer Comment (2026-07-16): Lender accepts. Please waive with available compensating factors. Reviewer Comment (2026-07-15): Property history reports reflect property is in a trust. Provide trust agreement showing our borrower is the trustee. Buyer Comment (2026-07-14): summary Buyer Comment (2026-07-14): revised final signed 1003 with accurate housing |
07/17/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | 5/XX/2026 | AZ | Primary | Refinance - Limited Cash-out GSE | C | B | C | B | A | A | A | A | Non QM | Exempt from ATR | No | ||||||
| 833 | XX | XX | XX | XX | XX | 06/11/2026 | Credit | Credit | General | Credit | Initial Rate Lock rate date is not documented in file. | Loan Estimate dated 04/10/2026 reflects rate was locked, however, rate lock document is not present in file. | Reviewer Comment (2026-06-25): Received Initial Rate Lock
document is verified and associated, exception cleared. Buyer Comment (2026-06-23): lock confirmation Reviewer Comment (2026-06-17): Provided rate lock document is already considered, however require initial rate lock date document as loan estimate dated 04/10/2026 reflects rate was locked. Buyer Comment (2026-06-15): lock |
06/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | AZ | Primary | Refinance - Limited Cash-out GSE | C | B | C | B | A | A | A | A | Non QM | Exempt from ATR | No | ||||||||
| 833 | XX | XX | XX | XX | XX | 06/11/2026 | Credit | System | General | System | Borrower 1003 current address does not match Note address. | Borrower:XX | Borrower states on a Letter of explanation that he decided to move in this property; however, it does not appear that he is currently living in subject property based on final 1003. Borrower to provide clear letter of explanation with dates of the locations of residency. | Borrower has verified disposable income of at least
$2500.00. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. The qualifying DTI on the loan is at least 10% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least 40 points. |
XX XX XX XX |
Reviewer Comment (2026-07-17): Waived with compensating
factors per lender direction. Buyer Comment (2026-07-16): Lender accepts. Please waive with available compensating factors. Reviewer Comment (2026-07-15): The documents provided reflect that the property is held in a trust. Please provide trust agreement verifying our borrower is the trustee. Buyer Comment (2026-07-14): see attached revised final 1003 |
07/17/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | 5/XX/2026 | AZ | Primary | Refinance - Limited Cash-out GSE | C | B | C | B | A | A | A | A | Non QM | Exempt from ATR | No | |||||
| 904 | XX | XX | XX | XX | XX | 04/15/2026 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of $52,676.57 is less than Cash From Borrower $53,451.07. | Documented qualifying Assets for Closing of $52,676.57 is less than Cash From Borrower $53,451.07. | Reviewer Comment (2026-04-21): Received Appraisal Invoice.
Exception Cleared. Buyer Comment (2026-04-17): The POC appraisal invoice of $775 is sufficient to cover the shortage. $53,451.07 - $52,676.57 = $774.5 The borrower brought in the EMD of $2,490 and Gift of $50,186.57, which is $52,676.57. |
04/21/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 4/XX/2026 | TX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||
| 850 | XX | XX | XX | XX | XX | 05/04/2026 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Credit Report for second guarantor XX was not provided. | Reviewer Comment (2026-06-03): Credit provided. |
06/03/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | 4/XX/2026 | CA | Investment | Purchase | D | A | D | A | A | A | N/A | No | |||||||||||
| 850 | XX | XX | XX | XX | XX | 05/04/2026 | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | Final closing statement signed by all parties/stamped certified is missing. The document in the file is an estimate. | Reviewer Comment (2026-06-03): Final SS. Buyer Comment (2026-06-01): Final Settlement Statement |
06/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 4/XX/2026 | CA | Investment | Purchase | D | A | D | A | A | A | N/A | No | |||||||||||
| 844 | XX | XX | XX | XX | XX | 05/06/2026 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Total cash-out discrepancy. | HUD-1 total cash-out of $660,886.52 is greater than Guideline total cash-out of $600,000.00. | Lender approved exception to allow cash out amount more than the allowable limit. | Borrower's monthly reserves have been verified and exceed
the amount required based on the guidelines by at least 4 months. The representative FICO score exceeds the guideline minimum by at least 40 points. |
Reserves: 109.08 Guideline Requirement: 0.00 Guidelines Representative FICO: 660 Representative FICO: 711 |
XX XX |
Reviewer Comment (2026-05-06): Waived with compensating
factors per lender exception approval at origination. |
05/06/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | 4/XX/2026 | FL | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | N/A | No | |||||||
| 903 | XX | XX | XX | XX | XX | 06/05/2026 | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | Primary residence lease reflects $8,150.00 monthly payments. Cancelled checks in file do not support this amount. File is missing 12 months primary housing history | Borrower's monthly reserves have been verified and exceed
the amount required based on the guidelines by at least 4 months. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The representative FICO score exceeds the guideline minimum by at least 40 points. |
XX XX XX |
Reviewer Comment (2026-07-21): Waived with compensating
factors per client direction. Previous
lease agreement not able to be provided to confirm rental payments for
5/2025, 6/2025 and 7/2025 were in the agreed upon amount per the lease. Reviewer Comment (2026-06-26): Accounting for the clause in Paragraph 2, the payments for 5/2025, 6/2025 and 7/2025 do not match the lease amount provided. Lease in file reflects it began 7/2025, so please provide previous lease supporting a full 12 month history and the checks provided. Buyer Comment (2026-06-24): Please cancel this exception, per paragraph 2 of the Lease Agreement, if paid by the 5th of the month, $8,000 would be accepted. |
07/21/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | 5/XX/2026 | CT | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||
| 911 | XX | XX | XX | XX | XX | 06/08/2026 | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided | Missing OFAC for secondary entity XX | Reviewer Comment (2026-06-11): Fraud report. Buyer Comment (2026-06-09): Fraud report with secondary entity. |
06/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | KS | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||
| 911 | XX | XX | XX | XX | XX | 06/08/2026 | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of $XX is less than the note amount of $XXbased on the Commitment in file. | Reviewer Comment (2026-06-11): Updated title commitment. Buyer Comment (2026-06-10): Title with correct coverage |
06/11/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | 5/XX/2026 | KS | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||
| 911 | XX | XX | XX | XX | XX | 06/08/2026 | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | File is missing complete 12 month payment history for borrower's primary residence. Bank statements provided reflect the January and March 2026 payments made to the landlord were refunded, and file is missing evidence of the 4/2026 rental payment. | Reviewer Comment (2026-07-13): Evidence of April payment
can be verified on 04/01/2026. LOE provided to explain the refunds of rent
payments. Exception cleared. Buyer Comment (2026-07-09): The LOE states borrower is current, which would include the April payment and D0165, page 3 of shows the April payment being made on 4/1. Reviewer Comment (2026-07-08): The LOE has been received; however, evidence of the April 2026 rental payment is required. Exception Remains. Buyer Comment (2026-07-06): Rent Letter of Explanation. |
07/13/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | KS | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||
| 898 | XX | XX | XX | XX | XX | 02/25/2026 | Credit | Documents | Missing Document | Documents | File does not contain documentation from lender/seller confirming the condo/co-op is warrantable. | Valuation Type: Appraisal / Valuation Report Date: 01/XX/2026 | Provide evidence of Condo approval. | Reviewer Comment (2026-03-06): 1008 added verifying the
condo was reviewed and approved as a warrantable condo. Questionnaire and
appraisal support this. Reviewer Comment (2026-03-06): 1008 has been not reflecting warrantable, please provide condo project questionnaire or project approval. Exception remains. Buyer Comment (2026-03-04): 1008 has been updated to reflect warrantable Reviewer Comment (2026-03-02): As per provided guidelines project approval is required in the file. Exception remains. Buyer Comment (2026-02-26): This is a Condotel, can you please cancel this exception? |
03/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 2/XX/2026 | FL | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||
| 864 | XX | XX | XX | XX | XX | 06/08/2026 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Deeds / Warranty / Grant / Quit-Claim not provided | Missing deed signed at closing transferring ownership to our borrower. | Reviewer Comment (2026-07-09): Received executed deed.
Exception cleared. Buyer Comment (2026-07-07): Please see attached Deed |
07/09/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | 5/XX/2026 | MN | Investment | Purchase | D | A | D | A | A | A | N/A | No | |||||||||||
| 864 | XX | XX | XX | XX | XX | 06/08/2026 | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. | Note address contains 'S' at the end; however, HOI address is missing the 'S'. Per USPS search, the HOI address is correct, and a corrected Note and Security Instrument will be required. This condition will be re-reviewed once the corrected Note and Security Instrument are received. | Reviewer Comment (2026-07-28): Corrected Note received in
trailing docs. Buyer Comment (2026-07-27): Please see corrected documents attached. |
07/28/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | MN | Investment | Purchase | D | A | D | A | A | A | N/A | No | |||||||||||
| 864 | XX | XX | XX | XX | XX | 06/08/2026 | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. | Note address contains 'S' at the end; however, flood certificate address is missing the 'S'. Per USPS search, the HOI address is correct, and a corrected Note and Security Instrument will be required. This condition will be re-reviewed once the corrected Note and Security Instrument are received. | Reviewer Comment (2026-07-28): Corrected Note received in
trailing documents. |
07/28/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | MN | Investment | Purchase | D | A | D | A | A | A | N/A | No | |||||||||||
| 864 | XX | XX | XX | XX | XX | 06/08/2026 | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | Valuation Type: Appraisal / Valuation Report Date: 05/XX/2026 | Note address contains 'S' at the end; however, appraisal address is missing the 'S'. Per USPS search, the HOI address is correct, and a corrected Note and Security Instrument will be required. This condition will be re-reviewed once the corrected Note and Security Instrument are received. | Reviewer Comment (2026-07-28): Corrected Note received in
trailing documents. Buyer Comment (2026-07-27): Destroyed Note affidavit. Thank you. |
07/28/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | MN | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||
| 864 | XX | XX | XX | XX | XX | 06/08/2026 | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | Valuation Type: Desk Review / Valuation Report Date: 05/XX/2026 | Note address contains 'S' at the end; however, CDA address is missing the 'S'. Per USPS search, the HOI address is correct, and a corrected Note and Security Instrument will be required. This condition will be re-reviewed once the corrected Note and Security Instrument are received. | Reviewer Comment (2026-07-28): Corrected Note received in
trailing documents. Buyer Comment (2026-07-27): Destroyed Note affidavit. Thank you. Buyer Comment (2026-07-27): Please see corrected Note & Mtg attached. Thank you. |
07/28/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | MN | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||
| 864 | XX | XX | XX | XX | XX | 06/08/2026 | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete Note | Missing Document: Note - Subject Lien not provided | Per the USPS search in the file, the subject address does not contain the 'S' at the end. Please provide the following for review: Corrected Note, LOE, and proof of delivery to borrower prior to new Note being executed, and destroyed Note affidavit. | Reviewer Comment (2026-07-28): Corrected Note received in
trailing documents. Buyer Comment (2026-07-27): Please see corrected documents attached. Thank you. |
07/28/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | 5/XX/2026 | MN | Investment | Purchase | D | A | D | A | A | A | N/A | No | |||||||||||
| 864 | XX | XX | XX | XX | XX | 06/08/2026 | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided | Per the USPS search in the file, the subject address does not contain the 'S' at the end. Please provide the following for review: Security Instrument with subject property address corrected on Pages 1 and 4, LOE, and proof of delivery to borrower prior to new security instrument being executed, and evidence of intent to record the corrected document. | Reviewer Comment (2026-07-28): Corrected Note received in
trailing documents and exception updated to request the notice of intent to
record the correct SI Buyer Comment (2026-07-27): Please see corrective Mtg & Note. Thank you. Buyer Comment (2026-07-27): Please see corrected documents attached. Thank you. |
07/28/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | 5/XX/2026 | MN | Investment | Purchase | D | A | D | A | A | A | N/A | No | |||||||||||
| 864 | XX | XX | XX | XX | XX | 06/08/2026 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Final Loan Agreement not provided | Per the USPS search in the file, the subject address does not contain the 'S' at the end. Please provide the following for review: Corrected Loan and Security Agreement, LOE, and proof of delivery to borrower prior to new agreement being executed. | Reviewer Comment (2026-07-28): Corrected Note received in
trailing documents. Buyer Comment (2026-07-27): Please see attached. Thank you. |
07/28/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | MN | Investment | Purchase | D | A | D | A | A | A | N/A | No | |||||||||||
| 864 | XX | XX | XX | XX | XX | 07/28/2026 | Credit | System | General | System | Security Instrument address does not match Note address. | Received corrected security instrument; however, still require notice of intent to re-record (or record) the corrected document from the settlement agent. | Reviewer Comment (2026-07-28): Received corrected recorded
security instrument in trailing documents. Buyer Comment (2026-07-28): Recorded Corrective Mortgage uploaded. |
07/28/2026 | No | 1 | A | A | A | A | A | 5/XX/2026 | MN | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||||
| 897 | XX | XX | XX | XX | XX | 02/25/2026 | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. | Missing VOE within 10 days of the Note date. | Reviewer Comment (2026-03-05): Verification of employment
received and details verified. Exception cleared. Buyer Comment (2026-03-03): See attached |
03/05/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 2/XX/2026 | AZ | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | N/A | No | ||||||||
| 897 | XX | XX | XX | XX | XX | 02/25/2026 | Credit | Income / Employment | Income Documentation | Income / Employment | Verification(s) of employment is not within 10 business days of the Note. | Borrower: XXr // Employment Type: Employment / Income Type: Wages / Start Date: 12/XX/2023 | Missing VOE within 10 days of the Note date. | Reviewer Comment (2026-03-05): Verification of employment
received and details verified. Exception cleared. Buyer Comment (2026-03-03): See attached |
03/05/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 2/XX/2026 | AZ | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | N/A | No | |||||||
| 897 | XX | XX | XX | XX | XX | 02/25/2026 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XX VVOE - Employment Only | Missing VOE within 10 calendars days of the Note date. | Reviewer Comment (2026-03-05): Verification of employment
received and details verified. Exception cleared. Buyer Comment (2026-03-03): See attached |
03/05/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 2/XX/2026 | AZ | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | N/A | No | |||||||
| 866 | XX | XX | XX | XX | XX | 07/31/2026 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 | Final 1003 application document is missing for both the borrowers. | Reviewer Comment (2026-08-03): Final signed and dated
1003's provided. Buyer Comment (2026-08-03): Final 1003 |
08/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | CA | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Exempt from ATR | No | ||||||||
| 866 | XX | XX | XX | XX | XX | 07/31/2026 | 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 (2026-07-31): CDFI lender testing ATR |
07/31/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | 5/XX/2026 | CA | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Exempt from ATR | No | ||||||||
| 817 | XX | XX | XX | XX | XX | 03/26/2026 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $0.00 exceeds tolerance of $-2,450.00. Insufficient or no cure was provided to the borrower. (9300) | No valid COC and insufficient cure provided. | Reviewer Comment (2026-03-27): XX received COC dated
03/03. Buyer Comment (2026-03-27): Please see attached COC |
03/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 3/XX/2026 | FL | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | ||||||
| 817 | XX | XX | XX | XX | XX | 03/26/2026 | 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 (2026-03-24): CDFI lender testing ATR |
03/24/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | 3/XX/2026 | FL | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | ||||||||
| 817 | XX | XX | XX | XX | XX | 03/26/2026 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Provide evidence of UW discretion for borrower living rent free with other than a spouse. | Reviewer Comment (2026-04-02): 1008 comments. Buyer Comment (2026-04-01): 1008 uploaded. |
04/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 3/XX/2026 | FL | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | ||||||||
| 819 | XX | XX | XX | XX | XX | 04/28/2026 | 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): CDFI lender testing ATR Buyer Comment (2026-04-29): CDFI lender testing ATR |
04/30/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | 4/XX/2026 | RI | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | B | A | Non QM | Exempt from ATR | No | ||||||||
| 819 | XX | XX | XX | XX | XX | 04/28/2026 | Compliance | Compliance | State Compliance | State Defect | Rhode Island Home Loan (Prohibited Acts and Practices Regarding High-Cost Home Loans Disclosure Not Provided) | Rhode Island Home Loan: Prohibited Acts and Practices Regarding High-Cost Home Loans disclosure not provided. | Reviewer Comment (2026-05-05): Received disclosure. Buyer Comment (2026-05-01): Please see attached |
05/05/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 4/XX/2026 | RI | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | B | A | Non QM | Exempt from ATR | No | ||||||||
| 819 | XX | XX | XX | XX | XX | 04/28/2026 | Compliance | Compliance | State Compliance | State Defect | Rhode Island Home Loan (High Cost Analysis Not In File) | Rhode Island Home Loan: Loan file did not contain record(s) documenting high-cost home loan analysis. | Reviewer Comment (2026-05-05): Received disclosure. |
05/05/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | 4/XX/2026 | RI | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | B | A | Non QM | Exempt from ATR | No | ||||||||
| 819 | XX | XX | XX | XX | XX | 04/28/2026 | Compliance | Compliance | State Compliance | State Defect | Rhode Island Home Loan (Prohibited Acts and Practices Regarding Home Loans Disclosure Not Signed) | Rhode Island Home Loan: Prohibited Acts and Practices Regarding Home Loans Disclosure not properly executed. | Reviewer Comment (2026-05-18): Received fully executed
disclosure in trailing documents. Buyer Comment (2026-05-14): Please see attached Reviewer Comment (2026-05-07): Document provided is an addendum to the 1003. Please provide the “Prohibited Acts and Practices Disclosure Regarding All Home Loans” disclosure fully executed by all parties. Buyer Comment (2026-05-06): Please see attached Reviewer Comment (2026-05-05): Received the “Prohibited Acts and Practices Regarding High‑Cost Home Loans” disclosure. Please provide the “Prohibited Acts and Practices Disclosure Regarding All Home Loans” disclosure. Buyer Comment (2026-05-01): Please see attached |
05/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 4/XX/2026 | RI | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | B | A | Non QM | Exempt from ATR | No | ||||||||
| 819 | XX | XX | XX | XX | XX | 04/28/2026 | Compliance | Compliance | Federal Compliance | TRID | TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $421.00 exceeds tolerance of $147.00 plus 10% or $161.70. Sufficient or excess cure was provided to the borrower at Closing. (0) | Reviewer Comment (2026-04-24): Sufficient Cure Provided At
Closing |
04/24/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | 4/XX/2026 | RI | Primary | Refinance - Cash-out - Other | Final CD evidences Cure | C | B | C | B | C | B | B | A | Non QM | Exempt from ATR | No | |||||||
| 819 | XX | XX | XX | XX | XX | 04/28/2026 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Co-borrower is currently living rent free with someone other than a spouse. This does not meet guidelines. File is missing underwriter discretion documentation. | Reviewer Comment (2026-05-12): Property history report
received, documenting ownership in another REO for 12 months which meets
guidelines. Buyer Comment (2026-05-08): D0981 was provided. Reviewer Comment (2026-05-05): Guidelines do allow documented 12 month payment history on other real estate owned; however, it also states "plus proof of ownership". Please provide property history report or other documentation reflecting REO reflected on co-borrower's credit report to document proof of ownership. Buyer Comment (2026-05-01): Co-Borrower meets housing guidelines, Documented 12‑month payment history on other real estate owned, plus proof of ownership. (not eligible for First time investor); Co-Borrower has XX reported for 14 months on credit. Buyer Comment (2026-05-01): Property profile XX |
05/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 4/XX/2026 | RI | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | B | A | Non QM | Exempt from ATR | No | ||||||||
| 819 | XX | XX | XX | XX | XX | 04/28/2026 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XX CPA Verification | File is missing CPA verification for co-borrower. | Borrower has verified disposable income of at least
$2500.00. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. The qualifying DTI on the loan is at least 10% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least 40 points. |
Documentation Type: Asset Depletion Disposable Income: $19,637.72 Reserves: 594.77 Guideline Requirement: 3.00 Loan to Value: 33.33333% Guideline Maximum Loan to Value: 70.00000% DTI: 35.03903% Guideline Maximum DTI: 50.00000% Guidelines Representative FICO: 640 Representative FICO: 697 |
Originator,XX Originator,XX Originator,XX Originator,XX Originator,XX |
Reviewer Comment (2026-06-16): Waived with compensating
factors per lender exception approval. Buyer Comment (2026-06-12): Evidence of CPA license Buyer Comment (2026-06-12): exception Reviewer Comment (2026-06-12): Reopened. Condition to be addressed when all ATR conditions are addressed. Reviewer Comment (2026-05-26): Waived with compensating factors per lender exception approval. Buyer Comment (2026-05-21): Please see updated exception. Thank you. Reviewer Comment (2026-05-19): Exception received references income docs provided; however, there is nothing in the commentary on what was relied on pre-consummation regarding the individual being licensed as required by guidelines. Buyer Comment (2026-05-15): exception Reviewer Comment (2026-05-12): As this relates to ATR, a lender approved exception detailing what was relied on pre-consummation in approving the loan without the required evidence the individual who prepared the CPA letter is duly licensed will be required for review. Buyer Comment (2026-05-08): Lender accepts. Please waive with available compensating factors. Reviewer Comment (2026-05-05): Provided verification is dated 04/28/2026 which is after the note date of 04/15/2026. Exception remains. Buyer Comment (2026-05-01): cpa verification |
06/16/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | 4/XX/2026 | RI | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | B | A | Non QM | Exempt from ATR | No | ||||
| 819 | XX | XX | XX | XX | XX | 04/28/2026 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | General Ability to Repay Provision: Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Waterfall due to missing CPA verification for co-borrower. | Reviewer Comment (2026-06-16): Waived with compensating
factors per lender exception approval. Reviewer Comment (2026-06-16): Regraded to EV2-B with comp factors. Buyer Comment (2026-06-12): see attached docs Reviewer Comment (2026-06-12): Received updated exception; however, it now states to disregard the CPA verification provided. Please indicate what was relied on pre-consummation in getting comfortable closing the loan without verification the individual who completed the CPA letter was duly licensed. Page 3 of the exception only relates to borrower's income and that a CPA letter was provided. Buyer Comment (2026-06-10): see attached exception Reviewer Comment (2026-06-04): Printout received is dated 4/28/2026, which is post-consummation. Lender exception provided states they relied on an undated pre-consummation search, which will need to be provided for review of the ATR conditions. Buyer Comment (2026-06-03): see attached CPA verification Reviewer Comment (2026-06-01): Exception approval received; however, it indicates that an undated verification of the CPA was obtained pre-consummation. Please provide the undated verification being referenced, as the verification uploaded on 5/1 is dated post-consummation (4/28/2026 and Note date is 4/XX/2026). Buyer Comment (2026-05-28): exception was provided. Reviewer Comment (2026-05-05): EXCEPTION HISTORY - Exception Detail was updated on 05/05/2026 PRIOR Exception Detail: Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. |
06/16/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | 4/XX/2026 | RI | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | B | A | Non QM | Exempt from ATR | No | |||||||
| 819 | XX | XX | XX | XX | XX | 04/28/2026 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): Ability to Repay (Dodd-Frank 2014): There are one or more guideline deficiencies related to income and/or asset doc requirements which may impact the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Waterfall due to missing CPA verification for co-borrower. | Reviewer Comment (2026-06-16): Waived with compensating
factors per lender exception approval. Reviewer Comment (2026-06-16): Regraded to EV2-B with comp factors. Buyer Comment (2026-06-12): see attached docs Reviewer Comment (2026-06-12): Received updated exception; however, it now states to disregard the CPA verification provided. Please indicate what was relied on pre-consummation in getting comfortable closing the loan without verification the individual who completed the CPA letter was duly licensed. Page 3 of the exception only relates to borrower's income and that a CPA letter was provided. Buyer Comment (2026-06-10): see attached exception Reviewer Comment (2026-06-04): Printout received is dated 4/28/2026, which is post-consummation. Lender exception provided states they relied on an undated pre-consummation search, which will need to be provided for review of the ATR conditions. Buyer Comment (2026-06-03): see attached CPA verification Reviewer Comment (2026-06-01): Exception approval received; however, it indicates that an undated verification of the CPA was obtained pre-consummation. Please provide the undated verification being referenced, as the verification uploaded on 5/1 is dated post-consummation (4/28/2026 and Note date is 4/XX/2026). Reviewer Comment (2026-06-01): EXCEPTION HISTORY - Exception Detail was updated on 06/01/2026 PRIOR Exception Detail: Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) Buyer Comment (2026-05-28): exception was provided. |
06/16/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | 4/XX/2026 | RI | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | B | A | Non QM | Exempt from ATR | No | |||||||
| 819 | XX | XX | XX | XX | XX | 04/28/2026 | Property | Property - Appraisal | Appraisal Reconciliation | Property - Appraisal | Appraisal is required to be in name of Lender | Valuation Type: Appraisal / Valuation Report Date: 11/XX/2025 | Provide appraisal transfer letter. | Reviewer Comment (2026-05-18): Appraisal transfer letter
received in trailing documents. Buyer Comment (2026-05-14): appraisal transfer letter Reviewer Comment (2026-05-05): The document provided only indicates that the lender on the provided appraisal is approved without the use of an AMC. It does not indicate that a transfer letter will not be required. Buyer Comment (2026-05-01): transferred appraisal with no AMC approval |
05/18/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | 4/XX/2026 | RI | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | B | A | Non QM | Exempt from ATR | No | |||||||
| 819 | XX | XX | XX | XX | XX | 05/19/2026 | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. | Due to missing evidence individual who completed CPA letter is duly licensed pre-consummation. | Borrower has verified disposable income of at least
$2500.00. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. The qualifying DTI on the loan is at least 10% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least 40 points. |
Documentation Type: Asset Depletion Disposable Income: $19,637.72 Reserves: 594.77 Guideline Requirement: 3.00 Loan to Value: 33.33333% Guideline Maximum Loan to Value: 70.00000% DTI: 35.03903% Guideline Maximum DTI: 50.00000% Guidelines Representative FICO: 640 Representative FICO: 697 |
Originator,XX Originator,XX Originator,XX Originator,XX Originator,XX |
Reviewer Comment (2026-06-16): Waived with compensating
factors per lender exception approval. Buyer Comment (2026-06-12): see attached docs Reviewer Comment (2026-06-12): Condition to be addressed when all ATR conditions are addressed. Reviewer Comment (2026-05-26): Waived with compensating factors per lender exception approval. |
06/16/2026 | No | 2 | B | B | B | B | B | 4/XX/2026 | RI | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | B | A | Non QM | Exempt from ATR | No | ||||||||||
| 905 | XX | XX | XX | XX | XX | 04/29/2026 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Borrower is currently living rent free with someone other than a spouse. This does not meet guidelines. File is missing underwriter discretion documentation. | Reviewer Comment (2026-05-05): Underwriter discretion
received along with LOX for living rent free. Buyer Comment (2026-05-01): Updated 1008 reflecting UW comments regarding borrower living rent free with someone other than spouse attached. |
05/05/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 4/XX/2026 | GA | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||
| 818 | XX | XX | XX | XX | XX | 04/30/2026 | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | Valuation Type: Appraisal / Valuation Report Date: 03/XX/2026 | Note address is XX; however, appraisal reflects XX. | Borrower has been employed in the same industry for more
than 5 years. Borrower has owned the subject property for at least 5 years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. The qualifying DTI on the loan is at least 10% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least 40 points. |
XX XX XX XX XX XX XX XX |
Reviewer Comment (2026-05-07): Waived with compensating
factors per lender direction. Buyer Comment (2026-05-05): Lender accepts. Please waive with available compensating factors. |
05/07/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | 4/XX/2026 | HI | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | Non QM | Exempt from ATR | No | |||||
| 818 | XX | XX | XX | XX | XX | 04/30/2026 | 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 lender testing ATR. | Reviewer Comment (2026-04-30): CDFI lender testing ATR |
04/30/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | 4/XX/2026 | HI | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | Non QM | Exempt from ATR | No | |||||||
| 818 | XX | XX | XX | XX | XX | 04/30/2026 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Amount Financed Test | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on 04/17/2026 disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of $276,075.49 is over disclosed by $240.31 compared to the calculated Amount Financed of $275,835.18 and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate (fee amounts included in Amount Financed and Finance Charge calculations are based on Closing Disclosure dated 04/17/2026). (Final/04/17/2026) | The disclosed Amount Financed in the amount of $276,075.49 is over disclosed by $240.31 compared to the calculated Amount Financed of $275,835.18. | Reviewer Comment (2026-06-05): XX received PCCD, LOE, Copy
of Refund Check, Re-opening of Rescission and Proof of Receipt. Buyer Comment (2026-06-04): Please see attached Reviewer Comment (2026-05-19): This is a material exception on a rescindable transaction and requires reopening of rescission and proof of delivery of RTC to complete cure. Further, the RTC must allow the borrower three days to cancel the transaction from date of delivery. Buyer Comment (2026-05-18): Please see attached |
06/05/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | 4/XX/2026 | HI | Primary | Refinance - Cash-out - Other | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) | C | B | C | B | C | B | A | A | Non QM | Exempt from ATR | No | ||||||
| 818 | XX | XX | XX | XX | XX | 04/30/2026 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Finance Charge | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on 04/17/2026 disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of $375,246.27 is under disclosed by $240.31 compared to the calculated Finance Charge of $375,486.58 which exceeds the $35.00 threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated 04/17/2026). (Final/04/17/2026) | The disclosed Finance Charge in the amount of $375,246.27 is under disclosed by $240.31 compared to the calculated Finance Charge of $375,486.58 which exceeds the $35.00 threshold. | Reviewer Comment (2026-06-05): XX received PCCD, LOE, Copy
of Refund Check, Re-opening of Rescission and Proof of Receipt. Buyer Comment (2026-06-04): Please see attached Reviewer Comment (2026-05-19): This is a material exception on a rescindable transaction and requires reopening of rescission and proof of delivery of RTC to complete cure. Further, the RTC must allow the borrower three days to cancel the transaction from date of delivery. Buyer Comment (2026-05-18): Please see attached |
06/05/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | 4/XX/2026 | HI | Primary | Refinance - Cash-out - Other | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) | C | B | C | B | C | B | A | A | Non QM | Exempt from ATR | No | ||||||
| 912 | XX | XX | XX | XX | XX | 05/20/2026 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: Preliminary | Reviewer Comment (2026-05-28): Title final received &
associated. Exception cleared. |
05/28/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | 5/XX/2026 | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||
| 912 | XX | XX | XX | XX | XX | 05/20/2026 | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: Preliminary; State: CA |
Reviewer Comment (2026-05-28): Title final received &
coverage amount updated. Exception cleared. Buyer Comment (2026-05-26): Final Policy attached |
05/28/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | 5/XX/2026 | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||
| 912 | XX | XX | XX | XX | XX | 05/20/2026 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Title search shows negative impact on title. | Title is reporting a judgment for installment payments of spousal and/or child support. | Reviewer Comment (2026-05-28): Title final received &
Title supplement showing the judgement was intentionally deleted. Exception
cleared. Buyer Comment (2026-05-26): Supplemental report attached |
05/28/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||
| 825 | XX | XX | XX | XX | XX | 06/02/2026 | Credit | Missing Document | General | Missing Document | Incomplete Document: 1003 Initial - Lender's is incomplete | Credit Application shows only Applicant details; missing credit application for XX. | Reviewer Comment (2026-06-15): Credit application. Buyer Comment (2026-06-11): commercial app |
06/15/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | 5/XX/2026 | TX | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | N/A | Exempt from ATR | No | ||||||||
| 825 | XX | XX | XX | XX | XX | 06/02/2026 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Unable to confirm that borrowers will not occupy subject property as the primary residence. The Non-Owner Occupancy Declaration is incomplete as Section 4A is missing the principal residence address. | Reviewer Comment (2026-06-10): NOO Cert. Buyer Comment (2026-06-08): Non-Owner |
06/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | TX | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | N/A | Exempt from ATR | No | ||||||||
| 825 | XX | XX | XX | XX | XX | 06/02/2026 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | 1003 Error: Citizenship was not provided | Borrower: XX | Co-borrower did not disclose citizenship on the Credit Application. | Reviewer Comment (2026-06-15): Credit application. Buyer Comment (2026-06-11): see attached commercial app |
06/15/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | 5/XX/2026 | TX | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | N/A | Exempt from ATR | No | |||||||
| 825 | XX | XX | XX | XX | XX | 06/02/2026 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | 1003/Declarations are incomplete: D. 1. Have you or will you be applying for a mortgage loan on another property (not the property securing this loan) on or before closing this transaction that is not disclosed on this loan application? reflects neither Yes nor No. Unable to determine qualification without this information. | Borrower: XX | Co-borrower did not disclose information on page 3 of the Credit Application. | Reviewer Comment (2026-06-15): Credit application. Buyer Comment (2026-06-11): see attached commercial app |
06/15/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | TX | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | N/A | Exempt from ATR | No | |||||||
| 825 | XX | XX | XX | XX | XX | 06/02/2026 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | 1003/Declarations are incomplete: D. 2. Have you or will you be applying for any new credit (e.g., installment loan, credit card, etc.) on or before closing this loan that is not disclosed on this application? reflects neither Yes nor No. Unable to determine qualification without this information. | Borrower: XX | Co-borrower did not disclose information on page 3 of the Credit Application. | Reviewer Comment (2026-06-15): Credit application. Buyer Comment (2026-06-11): see attached commercial app |
06/15/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | TX | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | N/A | Exempt from ATR | No | |||||||
| 825 | XX | XX | XX | XX | XX | 06/02/2026 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | 1003/Declarations are incomplete: E. Will this property be subject to a lien that could take priority over the first mortgage lien, such as a clean energy lien paid through property taxes (e.g., the Property Assessed Clean Energy Program)? reflects neither Yes nor No. Unable to determine eligibility without this information. | Borrower: XX | Co-borrower did not disclose information on page 3 of the Credit Application. | Reviewer Comment (2026-06-15): Credit application. Buyer Comment (2026-06-11): see attached commercial app |
06/15/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | TX | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | N/A | Exempt from ATR | No | |||||||
| 825 | XX | XX | XX | XX | XX | 06/02/2026 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | 1003/Declarations are incomplete: F. Are you a co-signer or guarantor on any debt or loan that is not disclosed on this application? reflects neither Yes nor No. Unable to determine qualification without this information. | Borrower: XX | Co-borrower did not disclose information on page 3 of the Credit Application. | Reviewer Comment (2026-06-15): Credit application. Buyer Comment (2026-06-11): see attached commercial app |
06/15/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | TX | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | N/A | Exempt from ATR | No | |||||||
| 825 | XX | XX | XX | XX | XX | 06/02/2026 | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | File is missing evidence of the 04/2026 payment for the subject property. Also missing evidence of the 02/2026, 03/2026, and 04/2026 payments for XX' primary residence, the 02/2026, 03/2026, and 04/2026 payments for the additional mortgage with Generations ending in XX, and the 04/2026 payment for XX' primary residence. | The Loan to Value (LTV) on the loan is less than the
guideline maximum by at least 10%. The qualifying DTI on the loan is at least 10% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least 40 points. Borrower has verified disposable income of at least $2500.00. |
Loan to Value: 59.90871% Guideline Maximum Loan to Value: 70.00000% DTI: 8.68013% Guideline Maximum DTI: 50.00000% Documentation Type: 12mo Bank Statement Disposable Income: $382,758.02 |
XX XX XX XX |
Reviewer Comment (2026-06-17): Waived with compensating
factors per lender exception approval. Buyer Comment (2026-06-15): exception Reviewer Comment (2026-06-15): Missing evidence of the 04/2026 payment for the subject property. Missing the 03/2026, and 04/2026 payments for the additional mortgage with XX ending in XX, Buyer Comment (2026-06-12): XX |
06/17/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | 5/XX/2026 | TX | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | N/A | Exempt from ATR | No | |||||
| 834 | XX | XX | XX | XX | XX | 06/09/2026 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower: XX CPA Letter, Third Party Verification | Missing third party verification of self-employment for all 4 businesses used in income qualification dated within 20 business days of the Note date. | Borrower has verified disposable income of at least
$2500.00. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. The qualifying DTI on the loan is at least 10% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least 40 points. |
Documentation Type: 12mo Bank Statement Disposable Income: $586,660.94 Reserves: 102.91 Guideline Requirement: 3.00 DTI: 10.27960% Guideline Maximum DTI: 50.00000% Guidelines Representative FICO: 660 Representative FICO: 767 |
Originator,XX Originator,XX Originator,XX Originator,XX |
Reviewer Comment (2026-07-02): Waived with compensating
factors per lender exception approval. Buyer Comment (2026-07-01): exception Reviewer Comment (2026-06-28): Excluded income as directed by client below. Still pending third party verification of the remaining 3 business entities used in income qualifying dated on or before consummation of subject loan. All documents received are either more than 20 business days prior to Note date or are dated post-consummation. Buyer Comment (2026-06-25): XXwas not used to qualify Reviewer Comment (2026-06-23): Please clarify which account number you are stating was not used in income qualification, as there are 3 XX accounts in file. Further, the verification provided is dated post-consummation. Please provide evidence of third party verification dated on or before consummation. Buyer Comment (2026-06-23): 1008 Buyer Comment (2026-06-23): income worksheet Buyer Comment (2026-06-23): XX 1 Fund Buyer Comment (2026-06-23): XX Fund 3 |
07/02/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | 5/XX/2026 | TX | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | N/A | N/A | No | ||||
| 834 | XX | XX | XX | XX | XX | 06/09/2026 | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. | Missing third party verification of self-employment for all 4 businesses used in income qualification dated within 20 business days of the Note date. | Borrower has verified disposable income of at least
$2500.00. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. The qualifying DTI on the loan is at least 10% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least 40 points. |
Documentation Type: 12mo Bank Statement Disposable Income: $586,660.94 Reserves: 102.91 Guideline Requirement: 3.00 DTI: 10.27960% Guideline Maximum DTI: 50.00000% Guidelines Representative FICO: 660 Representative FICO: 767 |
Originator,XX Originator,XX Originator,XX Originator,XX |
Reviewer Comment (2026-07-02): Waived with compensating
factors per lender exception approval. Buyer Comment (2026-07-01): see attached exception Reviewer Comment (2026-06-28): Excluded income as directed by client below. Still pending third party verification of the remaining 3 business entities used in income qualifying dated on or before consummation of subject loan. All documents received are either more than 20 business days prior to Note date or are dated post-consummation. Buyer Comment (2026-06-25): XX was not used to qualify Reviewer Comment (2026-06-23): Please clarify which account number you are stating was not used in income qualification, as there are 3 XX accounts in file. Further, the verification provided is dated post-consummation. Please provide evidence of third party verification dated on or before consummationXX Buyer Comment (2026-06-23): XX Fund income was not used to qualify Buyer Comment (2026-06-23): see attached docs |
07/02/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | 5/XX/2026 | TX | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | N/A | N/A | No | |||||
| 871 | XX | XX | XX | XX | XX | 06/03/2026 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Address: XXHOA Verification | HOA verification document is not provided for XX | Reviewer Comment (2026-07-06): Received HOA verification
and revised 1003. Buyer Comment (2026-07-02): Please see attached updated 1003 removing the $50.00 mthly expense. Thank you. Reviewer Comment (2026-06-22): As per the received letter of explanation no hoa for the property XX. Final 1003 reflects other expenses for the property #XX as $50 monthly. Required corrected 1003 document with the corrected information. Buyer Comment (2026-06-18): Please see attached. Thank you. |
07/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | MI | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | |||||||
| 871 | XX | XX | XX | XX | XX | 06/03/2026 | 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 (2026-06-03): CDFI lender testing ATR |
06/03/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | 5/XX/2026 | MI | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | |||||||
| 871 | XX | XX | XX | XX | XX | 06/03/2026 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | General Ability to Repay Provision: Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Waterfall due to missing bank statements for 02/2026 & 06/2025 for account ending in XX & missing HOA verification for REO on XX | Reviewer Comment (2026-07-06): Received bank statements and
REO docs. |
07/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | MI | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | |||||||
| 871 | XX | XX | XX | XX | XX | 06/03/2026 | Credit | Income | Income Error | Income | The Total Bank Statement Period months provided is less than the required # of Bank Statements required. | Borrower: XX // Employment Type: Employment / Income Type: Bank Statements / Start Date: 03/XX/2022 | Missing bank statements for 02/2026 & 06/2025 for account ending in XX. | Reviewer Comment (2026-07-06): Received bank statements. Buyer Comment (2026-07-01): Please see attached missing 6/25 bk statement for acct #XX. Buyer Comment (2026-07-01): Please see attached missing 2/26 bk statement for acct #XX. Reviewer Comment (2026-06-22): Business account statement account ending #XX account statements for the month Feb 2026 and June 2025 account statement is missing. As per the guideline Co-mingling of multiple accounts are not permitted. Required Feb 2026 and June 2025 business account statement for the account ending#XX. Buyer Comment (2026-06-18): Please see the attached bank statements for the months in question (2/26 & 6/25). Per XX guidelines Borr's can mix & match depository accounts to total the 12mths of statements to qualify. Statements are from XX. Also see loe from Borr for XX no hoa. Thank you. |
07/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | MI | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | |||||||
| 871 | XX | XX | XX | XX | XX | 06/03/2026 | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. | Missing bank statements for 02/2026 & 06/2025 for account ending in XX, and HOA verification for REO on XX | Reviewer Comment (2026-07-06): Received bank statements and
REO docs. Reviewer Comment (2026-06-22): Business account statement account ending #XX account statements for the month Feb 2026 and June 2025 account statement is missing. As per the guideline Co-mingling of multiple accounts are not permitted. Required Feb 2026 and June 2025 business account statement for the account ending#XX. As per the received letter of explanation no HOA for the property #XX Final 1003 reflects other expenses for the property #4XX as $50 monthly. Required corrected 1003/1008 document with the corrected information. Buyer Comment (2026-06-18): Please see the attached bank statements for the months in question (2/26 & 6/25). Per XX guidelines Borr's can mix & match depository accounts to total the 12mths of statements to qualify. Statements are from XX. Also see loe from XX for XX xxth st. no hoa. Thank you. |
07/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | MI | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | ||||||||
| 871 | XX | XX | XX | XX | XX | 06/03/2026 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | Waterfall due to missing bank statements for 02/2026 & 06/2025 for account ending in XX & missing HOA verification for REO on XX | Reviewer Comment (2026-07-06): Received bank statements and
REO docs. |
07/06/2026 | No | 1 | B | A | C | A | B | A | C | A | B | A | 5/XX/2026 | MI | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM status | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | ||||||
| 871 | XX | XX | XX | XX | XX | 06/03/2026 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Income and Assets - Bank Statement Guidelines Number of Bank Statements Requirement not met | Ability to Repay (Dodd-Frank 2014): The number of bank statements provided for borrower's bank statement income was less than the number required by guidelines. (XX/Bank Statements) | Waterfall due to missing bank statements for 02/2026 & 06/2025 for account ending in XX & missing HOA verification for REO on XX | Reviewer Comment (2026-07-06): Received bank statements and
REO docs. |
07/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | MI | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | |||||||
| 871 | XX | XX | XX | XX | XX | 06/03/2026 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - ATR Impact | Ability to Repay (Dodd-Frank 2014): Ability to Repay (Dodd-Frank 2014): There are one or more guideline deficiencies related to income and/or asset doc requirements which may impact the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Waterfall due to missing bank statements for 02/2026 & 06/2025 for account ending in XX & missing HOA verification for REO on XX | Reviewer Comment (2026-07-06): Received bank statements and
REO docs. |
07/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | MI | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | |||||||
| 871 | XX | XX | XX | XX | XX | 06/03/2026 | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. | Waterfall due to missing bank statements for 02/2026 & 06/2025 for account ending in XX & missing HOA verification for REO on XX | Reviewer Comment (2026-07-06): Received bank statements and
REO docs. |
07/06/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | 5/XX/2026 | MI | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Non QM | Exempt from ATR | No | |||||||
| 851 | XX | XX | XX | XX | XX | 06/04/2026 | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of $XX is less than the note amount of $XX based on the Commitment in file. | Provided Title Commitment is short of a policy coverage amount. Provide policy reflecting sufficient title policy coverage. | Reviewer Comment (2026-06-22): Received title commitment
policy with sufficient coverage amount. Exception cleared. Buyer Comment (2026-06-18): Please see title policy attached with sufficient coverage. Thank you. |
06/22/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | 5/XX/2026 | FL | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | N/A | Exempt from ATR | No | |||||||
| 851 | XX | XX | XX | XX | XX | 06/04/2026 | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. | There was no documentation verifying the CPA was duly certified. The CPA did not disclose if the borrower's business is still active at the time of the Note date. | Reviewer Comment (2026-06-22): Received CPA verification.
Exception cleared. Buyer Comment (2026-06-18): Please see CPA verification attached. Thank you. |
06/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | FL | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | N/A | Exempt from ATR | No | ||||||||
| 851 | XX | XX | XX | XX | XX | 06/04/2026 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Borrower:XX Third Party Verification | The CPA did not disclose if the borrower's business is still active at the time of the Note date. | Reviewer Comment (2026-06-22): Received CPA verification.
Exception cleared. Buyer Comment (2026-06-18): Please see attached update. Thank you. |
06/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | FL | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | N/A | Exempt from ATR | No | |||||||
| 851 | XX | XX | XX | XX | XX | 06/04/2026 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Hazard insurance coverage of $XX with an estimated cost new of $XX is insufficient. Please provide verification of policy with sufficient coverage or a copy of insurer's replacement cost estimate supporting current coverage amount. The Replacement Cost Checklist did not confirm 100% replacement cost. Coverage must be at least the lesser of the Cost New from the appraisal or the loan amount. | Reviewer Comment (2026-07-08): Received the Checklist for
Coverage confirming the replacement cost. Exception cleared. Buyer Comment (2026-07-06): Please see attached. Thank you. |
07/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | FL | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | N/A | Exempt from ATR | No | ||||||||
| 826 | XX | XX | XX | XX | XX | 06/05/2026 | Credit | Insurance | Insurance Documentation | Insurance | Hazard Insurance Error: Subject hazard insurance premium is missing from evidence of insurance. | Reviewer Comment (2026-06-24): Evidence of premium
received. Buyer Comment (2026-06-22): Please see attached. Thank you. Buyer Comment (2026-06-22): Please see attached. |
06/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | NV | Investment | Refinance - Rate/Term | C | A | C | A | A | A | A | A | N/A | Exempt from ATR | No | |||||||||
| 826 | XX | XX | XX | XX | XX | 06/05/2026 | Credit | Insurance | Insurance Documentation | Insurance | Hazard Insurance Error: Subject hazard insurance premium is missing from evidence of HO-6 insurance. | Hazard Insurance Premium amount is missing. | Reviewer Comment (2026-06-24): Evidence of premium
received. |
06/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | NV | Investment | Refinance - Rate/Term | C | A | C | A | A | A | A | A | N/A | Exempt from ATR | No | ||||||||
| 860 | XX | XX | XX | XX | XX | 06/05/2026 | 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 (2026-06-04): CDFI lender testing ATR |
06/04/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | 5/XX/2026 | IL | Primary | Purchase | C | A | A | A | C | A | A | A | Non QM | Exempt from ATR | No | ||||||||
| 860 | XX | XX | XX | XX | XX | 06/05/2026 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Reinspection Fee. Fee Amount of $250.00 exceeds tolerance of $0.00. $250.00 over legal limit. Insufficient or no cure was provided to the borrower. (7552) | Re-inspection Fee was last disclosed as $0.00 on the Loan Estimate but disclosed as $250.00 on Final Closing Disclosure. File does not contain a valid change of circumstance for this fee, nor evidence of cure in the file. | Reviewer Comment (2026-07-08): XX received valid COC
document Buyer Comment (2026-07-06): Please see attached Appraisal Re-inspection Fee audit Reviewer Comment (2026-06-17): XX received LE and COC, however 1004 completed subject to repairs on 05/05/2025 and fee added on 05/13 which is not within 3 days of change. Please provide additional information why fee added on 05/13 or cure is required. Cure documents consist of PCCD, LOE, proof of mailing & copy of refund check. Buyer Comment (2026-06-15): Please see attached 5.13 LE & COC |
07/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | IL | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | A | A | C | A | A | A | Non QM | Exempt from ATR | No | ||||||
| 886 | XX | XX | XX | XX | XX | 06/09/2026 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | The qualifying DTI on the loan is at least 10% less than
the guideline maximum. The representative FICO score exceeds the guideline minimum by at least 40 points. Borrower has verified disposable income of at least $2500.00. |
DTI: 16.08360% Guideline Maximum DTI: 50.00000% Guidelines Representative FICO: 720 Representative FICO: 765 Documentation Type: 12mo Bank Statement Disposable Income: $14,564.17 |
XX XX XX |
Reviewer Comment (2026-06-25): Waived with compensating
factors at clients request. Buyer Comment (2026-06-23): Please waive. Thank you. |
06/25/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | 6/XX/2026 | FL | Primary | Purchase | C | B | C | B | A | A | A | A | Non QM | Exempt from ATR | No | ||||||
| 886 | XX | XX | XX | XX | XX | 06/09/2026 | 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 (2026-06-05): CDFI lender testing ATR |
06/05/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | 6/XX/2026 | FL | Primary | Purchase | C | B | C | B | A | A | A | A | Non QM | Exempt from ATR | No | ||||||||
| 880 | XX | XX | XX | XX | XX | 06/10/2026 | 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. | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. | Reviewer Comment (2026-06-09): CDFI Lender testing ATR. |
06/09/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | 6/XX/2026 | TX | Primary | Purchase | D | B | D | A | C | B | B | A | Non QM | Exempt from ATR | No | |||||||
| 880 | XX | XX | XX | XX | XX | 06/10/2026 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for TX Guaranty Fee. Fee Amount of $4.00 exceeds tolerance of $2.00. $2.00 over legal limit. Insufficient or no cure was provided to the borrower. (XX) | Zero Percent Fee Tolerance exceeded for TX Guaranty Fee. Fee Amount of $4.00 exceeds tolerance of $2.00. Insufficient or no cure was provided to the borrower. | Reviewer Comment (2026-06-24): XX received Letter of
Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD. Buyer Comment (2026-06-24): PFA Reviewer Comment (2026-06-18): XX received a LOX as part of the rebuttal response for the lender credit exception cited; however, it does not provide sufficient information regarding the TX Guaranty fee exceeding the tolerance limit. Please provide a valid COC supporting the fee increase; otherwise, a cure is required to the borrower. Buyer Comment (2026-06-17): PFA Reviewer Comment (2026-06-12): XX received lender rebuttal on borrower selected. However, the Title-Guaranty Fee of $4.00, AKA, TX Guaranty Fee, though is being paid to title company is a fee incurred & imposed on TX loans and remitted to XX and is not shoppable regardless of the title company utilized. As such, fee should be disclosed initially and is subject to 0% tolerance testing. On LE fee disclosed in the amount of $2 and further increase of $4 on initial CD dated 05/XX/2026 without valid COC. Corrected CD, LOE to borrower, copy of cure refund and proof of mailing. Buyer Comment (2026-06-11): Please re-review. We are unable to cure this issue, as the borrower selected services independently, and the service provider differs from what was specified in the SSPL. Thank you. |
06/24/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | 6/XX/2026 | TX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | D | B | D | A | C | B | B | A | Non QM | Exempt from ATR | No | ||||||
| 880 | XX | XX | XX | XX | XX | 06/10/2026 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Rent-free letter was in the file, however, UW Discretion is required for borrowers living rent-free with someone other than spouse. | Reviewer Comment (2026-06-18): Received UW discretion.
Exception cleared. Buyer Comment (2026-06-16): UW discretion |
06/18/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | 6/XX/2026 | TX | Primary | Purchase | D | B | D | A | C | B | B | A | Non QM | Exempt from ATR | No | ||||||||
| 880 | XX | XX | XX | XX | XX | 06/10/2026 | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. | The Flood Certificate disclosed a different City than the source documents in the file. | Reviewer Comment (2026-06-18): Received revised flood cert
with corrected address. Exception cleared. Buyer Comment (2026-06-16): Flood |
06/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 6/XX/2026 | TX | Primary | Purchase | D | B | D | A | C | B | B | A | Non QM | Exempt from ATR | No | ||||||||
| 880 | XX | XX | XX | XX | XX | 06/10/2026 | Property | Property - Appraisal | Appraisal Reconciliation | Property - Appraisal | Appraisal is required to be in name of Lender | Valuation Type: Appraisal / Valuation Report Date: 05/XX/2026 | Appraisal transfer letter was not provided. | Reviewer Comment (2026-06-18): Received appraisal transfer
letter. Exception cleared. Buyer Comment (2026-06-16): transfer letter |
06/18/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | 6/XX/2026 | TX | Primary | Purchase | D | B | D | A | C | B | B | A | Non QM | Exempt from ATR | No | |||||||
| 880 | XX | XX | XX | XX | XX | 06/10/2026 | Credit | Disclosure | Missing Document | Disclosure | E-sign Consent Agreement is missing. | Disclosure: E-Sign Consent Agreement | Reviewer Comment (2026-06-15): E-sign consent. Buyer Comment (2026-06-11): PFA |
06/15/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 6/XX/2026 | TX | Primary | Purchase | D | B | D | A | C | B | B | A | Non QM | Exempt from ATR | No | ||||||||
| 859 | XX | XX | XX | XX | XX | 06/03/2026 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of $413,007.57 is less than Cash From Borrower $415,008.63. | Documented qualifying Assets for Closing of $33,206.59 is less than Cash From Borrower $415,008.63. | The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 600 Representative FICO: 810 |
XX | Reviewer Comment (2026-06-24): Waived with compensating
factors per lender exception approval. Buyer Comment (2026-06-22): PFA exception Reviewer Comment (2026-06-18): Funds are now insufficient by $2001.06. Reviewer Comment (2026-06-18): EXCEPTION HISTORY - Exception Explanation was updated on 06/18/2026 PRIOR Exception Explanation: Documented qualifying Assets for Closing of $114,524.59 is less than Cash From Borrower $415,008.63. Buyer Comment (2026-06-16): These are already provided to you Reviewer Comment (2026-06-15): Provide evidence of the amount of the 1031 exchange and that it was transferred to borrower or closing. Buyer Comment (2026-06-11): Borrower is using 1031 exchange funds to close, Documents are already uploaded , attached here also Reviewer Comment (2026-06-08): FTC from final SS - EMD - 78000.00, POC's 745.00+2573.00 and FTC - 333690.63. $330693.63+78000.00+745.00+2573=415008.63 required to be verified. Buyer Comment (2026-06-04): Please review Final SS D0226, Cash from borrower is $333690.63 , please find attached assets documents |
06/24/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | 5/XX/2026 | NY | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||
| 855 | XX | XX | XX | XX | XX | 06/04/2026 | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | Missing Verification of mortgage for the subject property | Reviewer Comment (2026-07-08): Mortgage and bank
statements. Buyer Comment (2026-07-07): Please see attached commentary rebuttal. Thank you. Reviewer Comment (2026-06-25): The mortgage document has been received; however, page 5 does not confirm the monthly payment for the property. Exception remains. Buyer Comment (2026-06-23): Please see the attached. Attached is copy of mortgage for subject property which sets for the terms and conditions to include monthly payment amount (page 5). Please note the bank statements support 12 months of payments. Thank you. |
07/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | NY | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||
| 913 | XX | XX | XX | XX | XX | 06/03/2026 | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Missing signed final HUD in file. | Reviewer Comment (2026-06-15): Final SS. Buyer Comment (2026-06-11): Final Hud-1. |
06/15/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | 5/XX/2026 | NJ | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | |||||||||||
| 856 | XX | XX | XX | XX | XX | 06/05/2026 | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided | OFAC is required for all parties involved in the transaction; business entity is missing. | Reviewer Comment (2026-06-25): Received OFAC for the
business entity. Exception Cleared. Buyer Comment (2026-06-23): Clear ofac attached. Thank you. |
06/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | NY | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||
| 856 | XX | XX | XX | XX | XX | 06/05/2026 | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | File is missing verification of housing payment history for primary residence. | The Loan to Value (LTV) on the loan is less than the
guideline maximum by at least 10%. The representative FICO score exceeds the guideline minimum by at least 40 points. |
Loan to Value: 36.66667% Guideline Maximum Loan to Value: 60.00000% Guidelines Representative FICO: 600 Representative FICO: 783 |
XX XX |
Reviewer Comment (2026-07-07): Waived with compensating
factors per lender exception approval. Buyer Comment (2026-07-03): Exception Buyer Comment (2026-07-02): Please see attached 1008 with UW rent free comments. Reviewer Comment (2026-07-01): Received letter for borrower living rent free with other than the spouse along with proof of taxes are paid current for primary residence. Require loan to be locked with a LLPA for living rent free and underwriter discretion for living rent free. Exception remains. Buyer Comment (2026-06-29): Please see attached. Primary held in a family trust. Borrowers' uncle is XX. Thank you. Buyer Comment (2026-06-29): Rent free loe attached. |
07/07/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | 5/XX/2026 | NY | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||
| 829 | XX | XX | XX | XX | XX | 06/08/2026 | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | Provide a pay history for the second lien paid at closing. | Reviewer Comment (2026-07-08): As per guideline program
permit 1x30 as loan closed 05/29/2026. Exception Cleared. Buyer Comment (2026-07-06): Please waive first payment not due until 4/2026 & program/product permits 1x30 as loan closed 5/29/26. Thank you. Reviewer Comment (2026-06-30): Provide signed and dated HUD-1 or Note. Exception Remains. Buyer Comment (2026-06-26): Please see HUD attached lien opened 2/26 1st payment not due until 4/2026. |
07/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | TX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||
| 849 | XX | XX | XX | XX | XX | 06/08/2026 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of $0.00 is less than Cash From Borrower $388.92. | Reviewer Comment (2026-06-15): Paid appraisal invoice and
div decree showing borrowers name changed to XX Buyer Comment (2026-06-11): appraisal invoice paid by XX. per divore decree borrower's name is restored to XX |
06/15/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | TN | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||
| 849 | XX | XX | XX | XX | XX | 06/08/2026 | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of $XX is less than the note amount of $XX based on the Commitment in file. | Reviewer Comment (2026-06-15): Updated commitment. Buyer Comment (2026-06-11): final Title |
06/15/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | 5/XX/2026 | TN | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||
| 888 | XX | XX | XX | XX | XX | 06/11/2026 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Limited Partnership Agreement not provided | Borrowing entity is a limited liability partnership, which requires a partnership agreement. | Reviewer Comment (2026-06-22): Partnership Agreement. Reviewer Comment (2026-06-17): Please provide limited liability partnership agreement. Exception remains. Buyer Comment (2026-06-15): partnership agreement |
06/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | TX | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||
| 845 | XX | XX | XX | XX | XX | 06/08/2026 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | The Certificate of Non-Owner Occupied does not show the borrower(s) at an address different than the subject and thus casts doubt on the business purpose of the loan. | Reviewer Comment (2026-06-15): NOO Cert. Buyer Comment (2026-06-11): Non-Owner |
06/15/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 5/XX/2026 | NV | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||
| 863 | XX | XX | XX | XX | XX | 06/11/2026 | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | File contains LOE from borrower and LOE from individual who owns the primary residence listed on the credit application stating borrower pays cash; however, per guidelines, if renting from a private individual, a copy of the lease and proof of 12 months' payments are required, which was not provided in the loan file. | The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 700 Representative FICO: 745 |
Originator,XX | Reviewer Comment (2026-06-17): Waived with compensating
factors per lender exception approval. Buyer Comment (2026-06-15): exception |
06/17/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | 5/XX/2026 | TX | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||
| 863 | XX | XX | XX | XX | XX | 06/11/2026 | Credit | Guideline | Guideline Issue | Guideline | Experience level does not meet the guideline requirements for an experienced investor. | First time investors are required to have a complete 12 month housing history. Per documentation in file, borrower is a first time investor and the required 12 month housing history was not provided. | The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 700 Representative FICO: 745 |
Originator,XX | Reviewer Comment (2026-06-17): Waived with compensating
factors per lender exception approval. Buyer Comment (2026-06-15): see attached exception |
06/17/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | 5/XX/2026 | TX | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||
| 891 | XX | XX | XX | XX | XX | 06/15/2026 | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | File is missing final settlement statement signed by all parties. | Reviewer Comment (2026-06-22): Received final closing
statement signed by all the parties. Exception Cleared. Buyer Comment (2026-06-18): Final SS |
06/22/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | 5/XX/2026 | FL | Investment | Purchase | D | B | D | B | A | A | N/A | No | |||||||||||
| 891 | XX | XX | XX | XX | XX | 06/15/2026 | Credit | Missing Document | General | Missing Document | Missing Document: Source of Funds/Deposit not provided | File is missing the source of the gift funds, with either transfer to borrower's account prior to closing or to settlement agent at or before closing. | The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 700 Representative FICO: 772 |
Originator,XX | Reviewer Comment (2026-07-06): Waived with compensating
factors at clients request. Reviewer Comment (2026-07-06): Provide lender exception form with available compensating factors to accept post dated bank statement or source of the gift funds. Exception remains Buyer Comment (2026-07-01): The $15,000 gift funds were not provided. XX reports the borrower had XX funds at the time of closing and it's in English. We accept the XX statement being post dated. Lender accepts. Please waive with available compensating factors. Reviewer Comment (2026-06-26): Statements provided do not verify the funds were transferred to the borrower's account prior to consummation or that they were wired to title at consummation. Also, account ending in XX is not in English, which is required per guidelines. Further, account ending in XX is a business account and evidence the donor has an ownership interest in this entity would also be required for review. Buyer Comment (2026-06-24):XX June 2026 Buyer Comment (2026-06-24): XX |
07/06/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | 5/XX/2026 | FL | Investment | Purchase | D | B | D | B | A | A | N/A | No | ||||||||
| 891 | XX | XX | XX | XX | XX | 06/15/2026 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of $47,545.35 is less than Cash From Borrower $52,435.25. | Due to missing source and receipt of gift funds in the amount of $15,000.00. | The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 700 Representative FICO: 772 |
Originator,XX | Reviewer Comment (2026-07-06): Waived with compensating
factors at clients request. Reviewer Comment (2026-07-06): Provide lender exception form with available compensating factors to accept post dated bank statement. Exception remains Buyer Comment (2026-07-01): The $15,000 gift funds were not provided. XX reports the borrower had sufficient funds at the time of closing and it's in English. We accept the XX statement being post dated. Lender accepts. Please waive with available compensating factors. Reviewer Comment (2026-06-26): Statements provided do not verify the funds were transferred to the borrower's account prior to consummation or that they were wired to title at consummation. Also, account ending in xx is not in English, which is required per guidelines. Further, account ending in xx is a business account and evidence the donor has an ownership interest in this entity would also be required for review. Buyer Comment (2026-06-24): see attached docs |
07/06/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | 5/XX/2026 | FL | Investment | Purchase | D | B | D | B | A | A | N/A | No | |||||||
| 874 | XX | XX | XX | XX | XX | 06/12/2026 | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | Unable to verify 12 months' housing history for the primary residence. Please provide either a 12-month pay history or a property report verifying if it is owned free & clear with current taxes paid. | Reviewer Comment (2026-07-07): Received 12 months check
verifying pay history. Exception cleared. Buyer Comment (2026-07-02): OCT 2025 Buyer Comment (2026-07-02): Nov 2025 Buyer Comment (2026-07-02): June 2025 Buyer Comment (2026-07-02): July 2025 Buyer Comment (2026-07-02): Aug 2025 Buyer Comment (2026-07-02): Sept 2025 Buyer Comment (2026-07-02): Dec 2025 Reviewer Comment (2026-06-22): Received Bank statement, unable to verify the account ownership, and the rent payment has not been debited to the landlord’s account. Exception Remains. Buyer Comment (2026-06-18): rent payments Buyer Comment (2026-06-18): lease |
07/07/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | 6/XX/2026 | CA | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | |||||||||||
| 874 | XX | XX | XX | XX | XX | 06/12/2026 | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Please provide the final Closing Statement fully executed by all parties or stamped true and certified. The copy in the file is an estimate. | Reviewer Comment (2026-06-22): Received final closing
statement. Exception Cleared. Buyer Comment (2026-06-18): Final SS |
06/22/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | 6/XX/2026 | CA | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No |