Exhibit 99.5

 

Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218575    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218576    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218577    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218578    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218579    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218580    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218581    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218582    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218583    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218584    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218585    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218586    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218587    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218588    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218589    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218590    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218591    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218866    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Open) XX Rate spread home loan test -

This loan failed the XX rate spread home loan test X.XXX The loan exceeded the X.XXX Rate Spread Home Loan threshold The loan has an APR of XX.XXX The XX XXXX APR threshold is X.XXXThe loan is a compliant HPML Appraisal and prepayment requirements have been met.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      2    2    1    1    2    2    1    1    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A
XXXXXX    9218592    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218593    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218594    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218595    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218596    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218597    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218598    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218599    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Open) XX Rate spread home loan test -

This loan failed the XX rate spread home loan test X.XXX The loan exceeded the X.XXX Rate Spread Home Loan threshold The loan has an APR of XX.XXX The XX XXXX APR threshold is X.XXXThe loan is a compliant HPML Appraisal and prepayment requirements have been met.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      2    2    1    1    2    2    1    1    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A
XXXXXX    9218600    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218601    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218602    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218603    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218604    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218605    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218606    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218607    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218608    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218855    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a XX% variance-

The secondary valuation from XXXXXX from XXX XXXXXX did not supported the original appraised value dollar XXXXXX within XX percent

      3    3    1    1    1    1    3    3    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218609    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218610    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218611    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218612    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218869    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218613    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218614    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218615    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218616    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218839    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218840    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218617    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) Truv Payroll document Missing-

Income documents-Income calculated using TRUV_PAYROLL documents but income documents are missing in loan file.Provide income documents to verify the income.

Response1: XX/XX/XXXX XX:XX XX

The income documentation has been provided and reviewed. The income calculation was verified and found to be accurate and consistent with the supporting documentation. Therefore, the exception has been satisfactorily addressed and is considered cleared.

(Resolved)

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      3    1    3    1    1    1    1    1    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A
XXXXXX    9218618    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218841    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) Truv Payroll document Missing-

Income documents-Income calculated using TRUV_PAYROLL documents but income documents are missing in loan file.Provide income documents to verify the income.

Response1: XX/XX/XXXX XX:XX XX

The income documentation has been provided and reviewed. The income calculation was verified and found to be accurate and consistent with the supporting documentation. Therefore, the exception has been satisfactorily addressed and is considered cleared.

(Resolved)

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      3    1    3    1    1    1    1    1    c    A    C    A    A    A    A    A    c    A    C    A    A    A    A    A    c    A    C    A    A    A    A    A    c    A    C    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218842    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218619    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218843    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218620    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218621    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218622    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218844    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218623    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218624    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218625    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218626    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218627    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218845    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218628    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218629    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218630    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218631    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218632    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218633    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218634    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218635    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218636    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218637    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218638    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218639    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218862    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a XX% variance-

The secondary valuation from XXXXXX from XXX XXXXXX did not supported the original appraised value dollar XXXXXX within XX percent

      3    3    1    1    1    1    3    3    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C
XXXXXX    9218640    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218857    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) Occupancy issue-

The AVM report’s ownership history indicates that the property is not owner-occupied; however, the application identifies it as the borrower’s primary residence. Please provide supporting documentation, such as a recent utility bill in the borrower’s name showing the subject property address as primary residence , to verify the occupancy status.

Response1: XX/XX/XXXX XX:XX XX

The provided Quit Cliam Deed confirms the transfer of ownership and signed application reflects subject primary residence. Conditioned cleared

(Resolved)

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      3    1    1    1    3    1    1    1    C    A    A    A    C    A    A    A    C    A    A    A    C    A    A    A    C    A    A    A    C    A    A    A    C    A    A    A    C    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218641    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218642    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) Truv Payroll document Missing-

Income documents-Income calculated using TRUV_PAYROLL documents but income documents are missing in loan file.Provide income documents to verify the income.

Response1: XX/XX/XXXX XX:XX XX

The income documentation has been provided and reviewed. The income calculation was verified and found to be accurate and consistent with the supporting documentation. Therefore, the exception has been satisfactorily addressed and is considered cleared.

(Resolved)

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      3    1    3    1    1    1    1    1    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A
XXXXXX    9218643    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218644    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218645    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218646    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218647    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218648    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218649    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218650    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218651    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218652    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218653    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218654    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218655    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218656    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218657    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218658    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218659    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218846    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218847    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218660    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218661    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218662    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218663    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218664    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218665    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218666    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218667    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218668    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218669    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218670    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218671    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218672    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218673    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218674    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218861    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218675    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218676    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218677    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218678    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218679    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218680    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218848    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218681    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218682    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218858    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218683    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218684    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218685    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218686    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218687    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218688    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218868    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218689    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218690    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218691    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218692    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Open) XX Rate spread home loan test -

This loan failed the XX rate spread home loan test X.XXX The loan exceeded the X.XXX Rate Spread Home Loan threshold The loan has an APR of XX.XXX The XX XXXX APR threshold is X.XXXThe loan is a compliant HPML Appraisal and prepayment requirements have been met.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      2    2    1    1    2    2    1    1    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A
XXXXXX    9218694    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218697    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218699    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218700    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218701    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218702    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218703    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) Truv Payroll document Missing-

Income documents-Income calculated using TRUV_PAYROLL documents but income documents are missing in loan file.Provide income documents to verify the income.

Response1: XX/XX/XXXX XX:XX XX

The income documentation has been provided and reviewed. The income calculation was verified and found to be accurate and consistent with the supporting documentation. Therefore, the exception has been satisfactorily addressed and is considered cleared.

(Resolved)

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      3    1    3    1    1    1    1    1    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A
XXXXXX    9218704    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218705    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218707    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218708    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218850    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218709    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218710    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218711    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218712    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218713    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218837    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218714    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218715    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218716    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Open) XX Rate spread home loan test -

This loan failed the XX rate spread home loan test X.XXX The loan exceeded the X.XXX Rate Spread Home Loan threshold The loan has an APR of XX.XXX The XX XXXX APR threshold is X.XXXThe loan is a compliant HPML Appraisal and prepayment requirements have been met.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      2    2    1    1    2    2    1    1    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A
XXXXXX    9218717    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218718    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218719    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218720    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218721    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218722    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218723    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218724    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218725    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218859    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a XX% variance-

The secondary valuation from XXXXXX from XXX XXXXXX did not supported the original appraised value dollar XXXXXX within XX percent

      3    3    1    1    1    1    3    3    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C
XXXXXX    9218851    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218726    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218727    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218728    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218729    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218730    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218838    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218731    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218732    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218733    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218734    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218735    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218736    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218737    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218738    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218739    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218740    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218741    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218742    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Open) XX Rate spread home loan test -

This loan failed the XX rate spread home loan test X.XXX The loan exceeded the X.XXX Rate Spread Home Loan threshold The loan has an APR of XX.XXX The XX XXXX APR threshold is X.XXXThe loan is a compliant HPML Appraisal and prepayment requirements have been met.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      2    2    1    1    2    2    1    1    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A
XXXXXX    9218743    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218744    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218745    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218746    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218747    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218748    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218749    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218750    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218751    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218752    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218753    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218867    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218754    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218755    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218852    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) Occupancy issue-

The AVM report indicates that the owner history shows the property as not owner-occupied. However, the application summary lists it as a primary residence.Additionally, the public-record county search shows a different mailing address for the borrower. Please provide supporting documentation, such as a recent utility bill in the borrower’s name showing the subject property address as primary residence , to verify the occupancy status.

Response1: XX/XX/XXXX XX:XX XX

The provided Grant Deed confirms the transfer of ownership and signed application reflects subject primary residence. Conditioned cleared

(Resolved)

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      3    1    1    1    3    1    1    1    C    A    A    A    C    A    A    A    C    A    A    A    C    A    A    A    C    A    A    A    C    A    A    A    C    A    A    A    C    A    A    A
XXXXXX    9218756    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218757    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218856    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a XX% variance-

The secondary valuation from XXXXXX from XXX XXXXXX did not supported the original appraised value dollar XXXXXX within XX percent

      3    3    1    1    1    1    3    3    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218864    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218758    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218759    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218760    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218761    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218762    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218763    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218764    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218865    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218765    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218853    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218766    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218767    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218768    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218769    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218770    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218771    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Open) XX Rate spread home loan test -

This loan failed the XX rate spread home loan test X.XXX The loan exceeded the X.XXX Rate Spread Home Loan threshold The loan has an APR of XX.XXX The XX XXXX APR threshold is X.XXXThe loan is a compliant HPML Appraisal and prepayment requirements have been met.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      2    2    1    1    2    2    1    1    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A
XXXXXX    9218772    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218773    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218774    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218775    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218776    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218777    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218778    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218779    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218780    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218781    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218782    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218783    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218784    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Open) XX Rate spread home loan test -

This loan failed the XX rate spread home loan test X.XXX The loan exceeded the X.XXX Rate Spread Home Loan threshold The loan has an APR of XX.XXX The XX XXXX APR threshold is X.XXXThe loan is a compliant HPML Appraisal and prepayment requirements have been met.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      2    2    1    1    2    2    1    1    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A
XXXXXX    9218785    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218786    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218706    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218849    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218693    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218860    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218695    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218696    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218698    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218787    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218788    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218789    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218790    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218791    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Open) XX Rate spread home loan test -

This loan failed the XX rate spread home loan test X.XXX The loan exceeded the X.XXX Rate Spread Home Loan threshold The loan has an APR of XX.XXX The XX XXXX APR threshold is X.XXXThe loan is a compliant HPML Appraisal and prepayment requirements have been met.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      2    2    1    1    2    2    1    1    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A
XXXXXX    9218792    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218793    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218794    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218795    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218796    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218797    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218798    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218799    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218800    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218801    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218802    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218803    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218804    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218805    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218806    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Open) XX Rate spread home loan test -

This loan failed the XX rate spread home loan test X.XXX The loan exceeded the X.XXX Rate Spread Home Loan threshold The loan has an APR of XX.XXX The XX XXXX APR threshold is X.XXXThe loan is a compliant HPML Appraisal and prepayment requirements have been met.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      2    2    1    1    2    2    1    1    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A
XXXXXX    9218807    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218808    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218809    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218810    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218854    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218811    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218812    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218813    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218814    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218815    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218816    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218817    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218818    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) Truv Payroll document Missing-

Income documents-Income calculated using TRUV_PAYROLL documents but income documents are missing in loan file.Provide income documents to verify the income.

Response1: XX/XX/XXXX XX:XX XX

The income documentation has been provided and reviewed. The income calculation was verified and found to be accurate and consistent with the supporting documentation. Therefore, the exception has been satisfactorily addressed and is considered cleared.

(Resolved)

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      3    1    3    1    1    1    1    1    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A
XXXXXX    9218819    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218820    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218821    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218822    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218823    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218824    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218863    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218825    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218826    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218827    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218828    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218829    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218830    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218831    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218832    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218833    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218834    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218835    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218836    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218870    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218871    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a XX% variance-

Secondary Value XXXXX Less Than Final Value XXXXXX, Variance > XX%, however, within adjusted value XXXXX

      2    2    1    1    1    1    2    2    B    B    A    A    A    A    B    B    B    B    A    A    A    A    B    B    B    B    A    A    A    A    B    B    B    B    A    A    A    A    B    B
XXXXXX    9218872    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218873    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218874    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218875    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218876    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218877    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219034    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218878    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218879    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218880    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218881    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218882    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218883    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219035    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218884    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218885    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218886    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Open) XX Rate spread home loan test -

This loan failed the XX rate spread home loan test X.XXX The loan exceeded the X.XXX Rate Spread Home Loan threshold The loan has an APR of XX.XXX The XX XXXX APR threshold is X.XXXThe loan is a compliant HPML Appraisal and prepayment requirements have been met.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      2    2    1    1    2    2    1    1    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A
XXXXXX    9218887    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218888    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Open) XX Rate spread home loan test -

This loan failed the XX rate spread home loan test X.XXX The loan exceeded the X.XXX Rate Spread Home Loan threshold The loan has an APR of XX.XXX The XX XXXX APR threshold is X.XXXThe loan is a compliant HPML Appraisal and prepayment requirements have been met.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      2    2    1    1    2    2    1    1    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218889    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219033    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218890    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218891    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218892    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218893    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218894    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218895    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218896    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218897    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218898    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218899    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218900    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Open) XX nonprime Home Loan Test -

This loan failed the XX nonprime home loan test. The loan is a nonprime home loan, as defined in the legislation. The loan is a compliant HPML Prepayment and Appraisal requirements have been met.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      2    2    1    1    2    2    1    1    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A
XXXXXX    9218901    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218902    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219036    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218903    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218904    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218905    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218906    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218907    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218908    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218909    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218910    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218911    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218912    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218913    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218914    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218915    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219058    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218916    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218917    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218918    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218919    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) Paystub missing-

Income is calculated using manual paystubs but paystubs is missing in loan file to calculate the income, please provide the paystubs.

Response1: XX/XX/XXXX XX:XX XX

The income documentation has been provided and reviewed. The income calculation was verified and found to be accurate and consistent with the supporting documentation. Therefore, the exception has been satisfactorily addressed and is considered cleared.

(Resolved)

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      3    1    3    1    1    1    1    1    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A
XXXXXX    9218920    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218921    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219059    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Open) Appraisal- Value is not supported within a XX% variance-

The secondary valuation from XXXXXX from XXX XXXXXX did not supported the original appraised value dollar XXXXXX within XX percent

      3    3    1    1    1    1    3    3    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C
XXXXXX    9218922    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218923    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218924    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218925    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218926    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218927    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218928    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218929    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219048    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218930    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218931    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218932    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218933    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218934    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218935    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218936    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218937    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Open) XX nonprime Home Loan Test-

This loan failed the XX nonprime home loan test. The loan is a nonprime home loan, as defined in the legislation. The loan is a compliant HPML Prepayment and Appraisal requirements have been met.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      2    2    1    1    2    2    1    1    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A
XXXXXX    9218938    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219049    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Open) Appraisal- Value is not supported within a XX% variance-

The secondary valuation from XXXXXX from XXX XXXXXX did not supported the original appraised value dollar XXXXXX within XX percent

      3    3    1    1    1    1    3    3    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9219037    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219038    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218939    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219039    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219050    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Open) Appraisal- Value is not supported within a XX% variance-

The secondary valuation from XXXXXX from XXX XXXXXX did not supported the original appraised value dollar XXXXXX within XX percent

      3    3    1    1    1    1    3    3    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C
XXXXXX    9218940    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218941    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218942    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218943    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218944    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218945    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218946    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218947    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218948    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218949    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218950    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218951    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219051    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218952    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218953    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218954    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218955    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219040    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218956    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218957    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218958    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218959    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218960    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218961    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218962    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218963    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218964    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219052    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Open) XX nonprime Home Loan Test-

This loan failed the XX nonprime home loan test. The loan is a nonprime home loan, as defined in the legislation. The loan is a compliant HPML Prepayment and Appraisal requirements have been met.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Open) Appraisal- Value is not supported within a XX% variance-

The secondary valuation from XXXXXX from XXX XXXXXX did not supported the original appraised value dollar XXXXXX within XX percent

      3    3    1    1    2    2    3    3    C    C    A    A    B    B    C    C    C    C    A    A    B    B    C    C    C    C    A    A    B    B    C    C    C    C    A    A    B    B    C    C
XXXXXX    9218965    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218966    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218967    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218968    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218969    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218970    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218971    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218972    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218973    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218974    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219053    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Open) Appraisal- Value is not supported within a XX% variance-

The secondary valuation from XXXXXX from XXX XXXXXX did not supported the original appraised value dollar XXXXXX within XX percent

      3    3    1    1    1    1    3    3    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C
XXXXXX    9218975    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218976    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218977    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218978    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218979    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal- Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9219041    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218980    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) Truv Payroll document Missing-

Income documents-Income calculated using TRUV_PAYROLL documents but income documents are missing in loan file.Provide income documents to verify the income.

Response1: XX/XX/XXXX XX:XX XX

The income documentation has been provided and reviewed. The income calculation was verified and found to be accurate and consistent with the supporting documentation. Therefore, the exception has been satisfactorily addressed and is considered cleared.

(Resolved)

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      3    1    3    1    1    1    1    1    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A
XXXXXX    9218981    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218982    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218983    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218984    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218985    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218986    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218987    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218988    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218989    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218990    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218991    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219054    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218992    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218993    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218994    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219042    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218995    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219055    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a XX% variance-

The secondary valuation from XXXXXX from XXX XXXXXX did not supported the original appraised value dollar XXXXXX within XX percent

      3    3    1    1    1    1    3    3    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C
XXXXXX    9218996    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9218997    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Open) XX Rate spread home loan test -

This loan failed the XX rate spread home loan test X.XXX The loan exceeded the X.XXX Rate Spread Home Loan threshold The loan has an APR of XX.XXX The XX XXXX APR threshold is X.XXXThe loan is a compliant HPML Appraisal and prepayment requirements have been met.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      2    2    1    1    2    2    1    1    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A
XXXXXX    9218998    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9218999    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219000    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219001    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219043    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219002    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9219003    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Open) XX nonprime Home Loan Test -

This loan failed the XX nonprime home loan test. The loan is a nonprime home loan, as defined in the legislation. The loan is a compliant HPML Prepayment and Appraisal requirements have been met.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      2    2    1    1    2    2    1    1    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A
XXXXXX    9219004    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219005    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219044    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219006    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219056    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a XX% variance-

The secondary valuation from XXXXXX from XXX XXXXXX did not supported the original appraised value dollar XXXXXX within XX percent

      3    3    1    1    1    1    3    3    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C
XXXXXX    9219007    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9219045    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219008    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219009    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219060    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a XX% variance-

The secondary valuation from XXXXXX from XXX XXXXXX did not supported the original appraised value dollar XXXXXX within XX percent

      3    3    1    1    1    1    3    3    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C
XXXXXX    9219010    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219011    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219012    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Open) XX Rate spread home loan test -

This loan failed the XX rate spread home loan test X.XXX The loan exceeded the X.XXX Rate Spread Home Loan threshold The loan has an APR of XX.XXX The XX XXXX APR threshold is X.XXXThe loan is a compliant HPML Appraisal and prepayment requirements have been met.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      2    2    1    1    2    2    1    1    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9219046    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219013    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219014    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219015    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) Truv Payroll document Missing-

Income documents-Income calculated using TRUV_PAYROLL documents but income documents are missing in loan file.Provide income documents to verify the income.

Response1: XX/XX/XXXX XX:XX XX

The income documentation has been provided and reviewed. The income calculation was verified and found to be accurate and consistent with the supporting documentation. Therefore, the exception has been satisfactorily addressed and is considered cleared.

(Resolved)

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      3    1    3    1    1    1    1    1    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A
XXXXXX    9219057    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a XX% variance-

The secondary valuation from XXXXXX from XXX XXXXXX did not supported the original appraised value dollar XXXXXX within XX percent

      3    3    1    1    1    1    3    3    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C
XXXXXX    9219047    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219016    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219017    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219018    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9219019    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219020    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219021    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Open) XX Rate spread home loan test -

This loan failed the XX rate spread home loan test X.XXX The loan exceeded the X.XXX Rate Spread Home Loan threshold The loan has an APR of XX.XXX The XX XXXX APR threshold is X.XXXThe loan is a compliant HPML Appraisal and prepayment requirements have been met.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      2    2    1    1    2    2    1    1    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A
XXXXXX    9219022    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219061    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a XX% variance-

The secondary valuation from XXXXXX from XXX XXXXXX did not supported the original appraised value dollar XXXXXX within XX percent

      3    3    1    1    1    1    3    3    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C
XXXXXX    9219023    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219024    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219025    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219026    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219027    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219028    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219029    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219030    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9219031    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219032    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219162    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Open) XX Rate spread home loan test -

This loan failed the XX rate spread home loan test X.XXX The loan exceeded the X.XXX Rate Spread Home Loan threshold The loan has an APR of XX.XXX The XX XXXX APR threshold is X.XXXThe loan is a compliant HPML Appraisal and prepayment requirements have been met.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      2    2    1    1    2    2    1    1    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A
XXXXXX    9219062    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219063    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219064    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219065    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219066    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219067    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219068    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Open) XX Rate spread home loan test -

This loan failed the XX rate spread home loan test X.XXX The loan exceeded the X.XXX Rate Spread Home Loan threshold The loan has an APR of XX.XXX The XX XXXX APR threshold is X.XXXThe loan is a compliant HPML Appraisal and prepayment requirements have been met.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      2    2    1    1    2    2    1    1    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A
XXXXXX    9219069    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Open) XX nonprime Home Loan Test -

This loan failed the XX nonprime home loan test. The loan is a nonprime home loan, as defined in the legislation. The loan is a compliant HPML Prepayment and Appraisal requirements have been met.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      2    2    1    1    2    2    1    1    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9219070    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219071    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219072    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219073    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219158    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Secondary Valuation is missing -

Secondary valuation is missing

      3    3    1    1    1    1    3    3    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C
XXXXXX    9219074    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219075    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219077    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219078    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Open) XX Rate spread home loan test -

This loan failed the XX rate spread home loan test X.XXX The loan exceeded the X.XXX Rate Spread Home Loan threshold The loan has an APR of XX.XXX The XX XXXX APR threshold is X.XXXThe loan is a compliant HPML Appraisal and prepayment requirements have been met.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      2    2    1    1    2    2    1    1    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A
XXXXXX    9219079    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9219080    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219081    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219082    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219083    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219084    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219085    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219086    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219087    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219088    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Open) XX Rate spread home loan test -

This loan failed the XX rate spread home loan test X.XXX The loan exceeded the X.XXX Rate Spread Home Loan threshold The loan has an APR of XX.XXX The XX XXXX APR threshold is X.XXXThe loan is a compliant HPML Appraisal and prepayment requirements have been met.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      2    2    1    1    2    2    1    1    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A
XXXXXX    9219089    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219090    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9219091    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219092    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219093    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219094    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219095    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219096    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219097    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219098    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219099    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219100    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9219101    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219159    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219102    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219103    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219104    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219105    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219106    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219107    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219108    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219109    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9219110    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219163    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219111    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219160    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219112    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219113    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219114    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219115    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219116    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219164    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219117    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9219118    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219119    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219165    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Open) XX Rate spread home loan test -

This loan failed the XX rate spread home loan test X.XXX The loan exceeded the X.XXX Rate Spread Home Loan threshold The loan has an APR of XX.XXX The XX XXXX APR threshold is X.XXXThe loan is a compliant HPML Appraisal and prepayment requirements have been met.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      2    2    1    1    2    2    1    1    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A
XXXXXX    9219120    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219121    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219122    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219123    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219166    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219124    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9219125    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219167    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219126    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219127    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219128    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219129    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219130    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219168    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219131    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) Paystub missing-

Income is calculated using manual paystubs but paystubs is missing in loan file to calculate the income, please provide the paystubs.

Response1: XX/XX/XXXX XX:XX XX

The income documentation has been provided and reviewed. The income calculation was verified and found to be accurate and consistent with the supporting documentation. Therefore, the exception has been satisfactorily addressed and is considered cleared.

(Resolved)

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      3    1    3    1    1    1    1    1    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A
XXXXXX    9219132    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9219133    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Open) XX nonprime Home Loan Test -

This loan failed the XX nonprime home loan test. The loan is a nonprime home loan, as defined in the legislation. The loan is a compliant HPML Prepayment and Appraisal requirements have been met.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      2    2    1    1    2    2    1    1    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A
XXXXXX    9219134    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) Paystub missing-

Income is calculated using manual paystubs but paystubs is missing in loan file to calculate the income, please provide the paystubs.

Response1: XX/XX/XXXX XX:XX XX

The income documentation has been provided and reviewed. The income calculation was verified and found to be accurate and consistent with the supporting documentation. Therefore, the exception has been satisfactorily addressed and is considered cleared.

(Resolved)

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      3    1    3    1    1    1    1    1    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A
XXXXXX    9219169    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219135    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219136    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219137    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219138    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Open) XX nonprime Home Loan Test -

This loan failed the XX nonprime home loan test. The loan is a nonprime home loan, as defined in the legislation. The loan is a compliant HPML Prepayment and Appraisal requirements have been met.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      2    2    1    1    2    2    1    1    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A
XXXXXX    9219139    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219140    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219141    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) Borrower name mismatching-

All documents showing borrower name is XXXXX, however AVM report showing owner name as XXXXXX. Provide updated AVM to reflect correct borrowe name as owner name.

Response1: XX/XX/XXXX XX:XX XX

The provided Warranty Deed confirms the transfer of ownership to borrower name. Conditioned cleared

(Resolved)

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      3    1    1    1    3    1    1    1    C    A    A    A    C    A    A    A    C    A    A    A    C    A    A    A    C    A    A    A    C    A    A    A    C    A    A    A    C    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9219142    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219143    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219144    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219145    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219146    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219147    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219148    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219149    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219150    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219170    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a XX% variance-

Secondary Value XXXXX Less Than Final Value XXXXXX, Variance > XX%, however, within adjusted value XXXXX

      2    2    1    1    1    1    2    2    B    B    A    A    A    A    B    B    B    B    A    A    A    A    B    B    B    B    A    A    A    A    B    B    B    B    A    A    A    A    B    B

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original
Loan Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exeptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial
Credit
Rating
   Final
Credit
Rating
   Initial
Compliance
Rating
   Final
Compliance
Rating
   Initial
Property
Valuation
Rating
   Final
Property
Valuation
Rating
   Initial
Overall Loan
Grade
(DBRS
Morningstar)
   Final Overall
Loan Grade
(DBRS
Morningstar)
   Initial Credit
Grade
(DBRS
Morningstar)
   Final Credit
Grade
(DBRS
Morningstar)
   Initial
Compliance
Grade(DBRS
Morningstar)
   Final
Compliance
Grade(DBRS
Morningstar)
   Initial
Property
Valuation
Grade
(DBRS
Morningstar)
   Final
Property
Valuation
Grade
(DBRS
Morningstar)
   Initial
Overall
Loan
Grade
(KBRA)
   Final
Overall
Loan
Grade
(KBRA)
   Initial
Credit
Grade
(KBRA)
   Final
Credit
Grade
(KBRA)
   Initial
Compliance
Grade(KBRA)
   Final
Compliance
Grade(KBRA)
   Initial
Property
Valuation
Grade
(KBRA)
   Final
Property
Valuation
Grade
(KBRA)
   Initial
Overall
Loan
Grade
(S&P)
   Final
Overall
Loan
Grade
(S&P)
   Initial
Credit
Grade
(S&P)
   Final
Credit
Grade
(S&P)
   Initial
Compliance
Grade
(S&P)
   Final
Compliance
Grade
(S&P)
   Initial
Property
Valuation
Grade
(S&P)
   Final
Property
Valuation
Grade
(S&P)
   Initial Overall
Grade(Moody’s)
   Final Overall
Grade(Moody’s)
   Initial
Credit
Grade
(Moody’s)
   Final
Credit
Grade
(Moody’s)
   Initial
Compliance
Grade
(Moody’s)
   Final
Compliance
Grade
(Moody’s)
   Initial
Property
Valuation
Grade
(Moody’s)
   Final
Property
Valuation
Grade
(Moody’s)
XXXXXX    9219151    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219152    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219153    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219161    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219154    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219155    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219156    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXXXX    9219157    XXXXXX    XX/XX/XXXX    XXX,XXX.XX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Findings-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within XX% of original appraisal amount-

The secondary valuation product supported the original appraised value within XX%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A