Client Name:

Client Project Name:  

SEMT 2026-CD7

Start - End Dates:

4/14/2026 - 9/18/2026   

Deal Loan Count:

126

Conditions Report 2.0

Loans in Report:

126

Loans with Conditions:  

73

Loan Number

Original Principal Balance

State

Initial Lender ATR/QM Status

Loan Level ATR/QM Status

Initial Securitization Overall Loan Grade

Final Securitization Overall Loan Grade

Initial Securitization Credit Loan Grade

Final Securitization Credit Loan Grade

Initial Securitization Property Valuations Loan Grade

Final Securitization Property Valuations Loan Grade

Initial Securitization Compliance Loan Grade

Final Securitization Compliance Loan Grade

Initial S&P Overall Loan Grade

Final S&P Overall Loan Grade

Initial S&P Credit Loan Grade

Final S&P Credit Loan Grade

Initial S&P Property Valuations Loan Grade

Final S&P Property Valuations Loan Grade

Initial S&P Compliance Loan Grade

Final S&P Compliance Loan Grade

Condition Category

Condition Sub Category

Condition Status

Initial Securitization Condition Grade

Final Securitization Condition Grade

Initial S&P Condition Grade

Final S&P Condition Grade

Condition Code

Condition Description

Condition Material Indicator

Initial Comments

Client/Seller Response Comments

Conclusion Comments

TRID Error Type

Cure Method

Compensating Factors

409044047

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

C

B

C

A

A

A

C

B

C

B

C

A

A

A

C

B

Compliance

Right of Rescission

Satisfied

C

B

C

B

CMPROR1911

Incorrect ROR Form Used - H9 Form Used in Refinance With Different Creditor

No

Per Title Commitment in file, loan originated with a different lender. Incorrect H9 ROR form was used with different lender refinance instead of H8 form . Condition is pending reopening recission on correct ROR form to all title holders with dates allowing for delivery, LOE to the borrower, PCD and proof of shipping with tracking.

04/30/2026 Client provided re-opened ROR H8 forms for both expiration dated midnight of XXX with tracking reflecting that the Borrower did not view or sign the document until XXX which does not provide the full XXX days to rescind. Condition remains. Reopen rescission for both, expiration dated allowing for the date both have received with LOE and evidence of delivery.05/06/26 Client provided a XXX Email from Adobe indicating the ROR is Signed and Final. Condition remains. Lender to address the discrepancy on the prior tracking that shows the primary Borrower did not View or Sign the ROR until XXX. Subject to re-review.05/07/2026 Client provided an email stating email received after signing on XXX. Was received at 7PM on XXX so unsure why tracking is reflecting as Borrower reviewing on XXX.  Condition remains as unable to clear with discrepancy.    If further explanation can be provided, we can escalate internally for further review.05/19/2026 Client provided rebuttal for time zone difference. Per review by Internal compliance using date on ROR, tracking hour stamp with rebuttal and and email LOE.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1740: Mortgage payment history exceeds guidelines

- XXX Comments:  Borrowers have XXX months mortgage payment history XXX.

 

CFCFS1731: Verified cash reserves exceed guidelines

- XXX Comments:  Post closing assets $XXX/XXX month > reserve requirement $XXX.

 

CFCFS1744: DTI below guideline requirement

- XXX Comments:  Borrowers DTI XXX% is below guideline maximum XXX%.

 

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  XXX mid score > min required of XXX.

 

409044047

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

C

B

C

A

A

A

C

B

C

B

C

A

A

A

C

B

Credit

Income/Employment

Satisfied

C

A

C

A

CRDINC150

Income docs do not meet guidelines

No

Missing XXX-month history receipt of trust income.

4/21 Client asked for a review; Upon review Client qualified with asset depletion from a Trust account, Condition remains for 1 of 2 options. Option 1 Since the Trust was opened outside of the last XXX months and Borrower is not currently employed, provide evidence of the source of assets used to Fund the trust account in XXX to confirm it meets FNMA employment related assets or 2. Provide Evidence of XXX months history of receipt of Trust income 4/22 Re reviewed to XXX GLs asset depletion

Satisfied

(No Data)

Not Applicable

CFCFS1740: Mortgage payment history exceeds guidelines

- XXX Comments:  Borrowers have XXX months mortgage payment history XXX.

 

CFCFS1731: Verified cash reserves exceed guidelines

- XXX Comments:  Post closing assets $XXX/XXX month > reserve requirement $XXX.

 

CFCFS1744: DTI below guideline requirement

- XXX Comments:  Borrowers DTI XXX% is below guideline maximum XXX%.

 

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  XXX mid score > min required of XXX.

 

409053122

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID5293

TRID  Not all required seller-paid fees were disclosed on the CD

No

Not all required seller-paid fees were disclosed on the final CD. Seller's CD in file and able to trace all fees, exception is satisfied

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1736: Significant time at current residence

- XXX Comments:  Borrowers have owned their primary residence for XXX years XXX months.

 

CFCFS1731: Verified cash reserves exceed guidelines

- XXX Comments:  Borrowers have $XXX available in reserves; $XXX in reserves required.

 

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  Credit score of XXX is XXX points above the minimum required score of XXX.

 

CFCFS1734: Borrower has significant time at current job

- XXX Comments:  Borrower has been XXX with current business since XXX.

 

CFCFS1744: DTI below guideline requirement

- XXX Comments:  XXX% DTI is below the maximum allowed DTI of XXX%.

 

CFCFS1737: LTV below guideline requirements

- XXX Comments:  XXX% LTV is XXX% below the maximum allowable LTV of XXX%.

 

409053122

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Credit

Income/Employment

Satisfied

D

A

D

A

CRDINC3204

Income Documentation Missing

No

Borrower's business XXX has mortgages, notes, etc. due in less than XXX year reported on line XXX, Schedule L of the business tax returns.  Documentation verifying this is a line of credit or evidence that these obligations roll over regularly or the business has sufficient liquid assets to cover this debt will be required to support the omission of this deduction.

8.5.2026 Client provided duplicate (in file) YTD XXX P/L and B/S however if considering the option of verifying business having sufficient liquid asset to cover this debt, business bank statements is required.  Condition remains for most recent XXX months business bank statements: XXX. to support sufficient liquid assets to cover Schedule L line 17. 8.7.2026 Client provided undated letter from Controller of business stating the Credit line balances from XXX both lines credit rollover from year to year. Response, Letter provided is undated and from Controller stating both business credit line however need to specify Schedule L line XXX (due to with review of other business there is no mortgages due in less than XXX year) and to come from CPA of business or provide business bank statement to cover sufficient liquid asset for this $XXX debt. Borrower is XXX%

Condition satisfied

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence

- XXX Comments:  Borrowers have owned their primary residence for XXX years XXX months.

 

CFCFS1731: Verified cash reserves exceed guidelines

- XXX Comments:  Borrowers have $XXX available in reserves; $XXX in reserves required.

 

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  Credit score of XXX is XXX points above the minimum required score of XXX.

 

CFCFS1734: Borrower has significant time at current job

- XXX Comments:  Borrower has been XXX with current business since XXX.

 

CFCFS1744: DTI below guideline requirement

- XXX Comments:  XXX% DTI is below the maximum allowed DTI of XXX%.

 

CFCFS1737: LTV below guideline requirements

- XXX Comments:  XXX% LTV is XXX% below the maximum allowable LTV of XXX%.

 

409053985

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS2854: Significant time in profession

- XXX Comments:  Borrower has XXX Years in Current Profession

 

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  High Credit XXX Guidelines allow XXX

 

CFCFS1731: Verified cash reserves exceed guidelines

- XXX Comments:  Post Close Assets are $ XXX or XXX months PITIAGuidelines require 6 months or $ XXX X XXX = $ XXX

 

409055331

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1734: Borrower has significant time at current job

- XXX Comments:  Borrower has significant time at current job, XXX years

 

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  Credit score XXX exceeds guidelines

 

CFCFS1731: Verified cash reserves exceed guidelines

- XXX Comments:  Verified cash reserves exceed guidelines

 

CFCFS1737: LTV below guideline requirements

- XXX Comments:  LTV XXX% below guideline requirements

 

409055357

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID5293

TRID  Not all required seller-paid fees were disclosed on the CD

No

Not all required seller-paid fees were disclosed on the final CD. Seller's CD in file and able to trace all fees, exception is satisfied

(No Data)

Exception Satisfied, seller fees have been sourced on the Seller CD final Grade A.

Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- XXX Comments:  Verified reserves of $XXX; total reserves required $XXX.

 

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  XXX qualifying score; XXX required.

 

409055773

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID5293

TRID  Not all required seller-paid fees were disclosed on the CD

No

Not all required seller-paid fees were disclosed on the final CD. Seller's CD in file and able to trace all fees, exception is satisfied

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- XXX Comments:  Assets: $XXX  effective, $XXX  to close, $XXX  reserves; $XXX  x XXX + XXX  Mo. REO $XXX  =$XXX  reserves required.

 

CFCFS1737: LTV below guideline requirements

- XXX Comments:  LTV is XXX %; guidelines allow XXX %.

 

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  XXX  mid score > min required of XXX

 

409055789

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1737: LTV below guideline requirements

- XXX Comments:  XXX% LTV is below guideline maximum of XXX%

 

CFCFS2854: Significant time in profession

- XXX Comments:  B1 have been in the same line of work for XXX years

 

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  XXX credit score exceed guideline minimum of XXX

 

409056206

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1744: DTI below guideline requirement

- XXX Comments:  XXX% DTI

 

CFCFS1731: Verified cash reserves exceed guidelines

- XXX Comments:  Reserves$XXX or XXX months PITI

 

409056226

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1744: DTI below guideline requirement

- XXX Comments:  DTI XXX%

 

CFCFS1740: Mortgage payment history exceeds guidelines

- XXX Comments:  Mortgage history XXXxXXX

 

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  Qualifying credit score XXX

 

409056437

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID5293

TRID  Not all required seller-paid fees were disclosed on the CD

No

Not all required seller-paid fees were disclosed on the CD.

(No Data)

Exception Satisfied, seller fees have been sourced on the Seller CD final Grade A.

Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- XXX Comments:  $XXX reserves; $XXX*12= $XXX reserves required.

 

CFCFS1734: Borrower has significant time at current job

- XXX Comments:  Borrower has been with the same employer for XXX years.

 

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  XXX qual score; min XXX.

 

409056559

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

B

B

B

B

A

A

A

A

B

B

B

B

A

A

A

A

Credit

Credit/Mtg History

Waived

B

B

B

B

CRDCRMH193

Length of mortgage/rental history in file does not meet guideline requirement

No

The guidelines require XXX months verification of rent for a FTHB, only XXX months was provided.

8/24 Client provided an approved exception to allow the file without the VOR

XXX final grade is B

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  XXX mid score > min required of XXX

 

CFCFS1731: Verified cash reserves exceed guidelines

- XXX Comments:  Post close assets are $XXX  or XXX months PITI reserves, the guidelines require XXX months PITI reserves.

 

CFCFS1744: DTI below guideline requirement

- XXX Comments:  Borrowers DTI XXX% is below guideline maximum XXX%.

 

CFCFS1737: LTV below guideline requirements

- XXX Comments:  LTV is XXX%; guidelines allow XXX%.

 

409056631

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID5293

TRID  Not all required seller-paid fees were disclosed on the CD

No

Not all required seller-paid fees were disclosed on the CD.

(No Data)

Exception Satisfied, seller fees have been sourced on the Seller CD final Grade A.

Numeric

Not Applicable

CFCFS1739: Postive mortgage payment history

- XXX Comments:  Borrower has XXX months XXX on current mortgage

 

CFCFS1731: Verified cash reserves exceed guidelines

- XXX Comments:  Reserves$XXX or XXX months PITI

 

409056953

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

D

A

D

A

A

A

D

A

D

A

D

A

A

A

D

A

Compliance

Ability to Repay/Qualified Mortgage

Satisfied

D

A

D

A

CMPATRQM3220

TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; the loan file is missing documents to complete the ATR/QM review and render an accurate ATR/QM status.

No

Missing credit report

8.30.2026 Client provided Credit report dated XXXNote: mtg for XXX PITI payment of $XXX (omitted from DTI due to mtg statement in file verifying in B1 name and other party, and file having XXX months bank statements for other party on mtg statement verifying making full PITIA of $XXX for most recent XXX months)

Condition satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- XXX Comments:  Assets: $XXX effective, $XXX to close, $XXX reserves; $XXX x XXX + XXX mo REO XXX = XXX reserves required.

 

409056953

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

D

A

D

A

A

A

D

A

D

A

D

A

A

A

D

A

Credit

Credit/Mtg History

Satisfied

D

A

D

A

CRDCRMH189

Missing credit report

No

File is missing qualifying credit report.

8.30.2026 Client provided Credit report dated XXXNote: mtg for XXX PITI payment of $XXX (omitted from DTI due to mtg statement in file verifying in B1 name and other party, and file having XXX months bank statements for other party on mtg statement verifying making full PITIA of $XXX for most recent XXX months)

Condition satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- XXX Comments:  Assets: $XXX effective, $XXX to close, $XXX reserves; $XXX x XXX + XXX mo REO XXX = XXX reserves required.

 

409057209

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS2860: Good credit history

- XXX Comments:  Borrower Has history of good credit with 0 Late Payments > XXX  Months

 

CFCFS1731: Verified cash reserves exceed guidelines

- XXX Comments:  Post Close Assets are $ XXX  or XXX  months PITIAGuidelines require XXX  months or $ XXX  X XXX = $ XXX+ XXX  Months for Additional REO or ( $XXX  X XXX  = $ XXX  )

 

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  High Credit XXX  Guidelines allow XXX

 

409057227

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID5293

TRID  Not all required seller-paid fees were disclosed on the CD

No

Seller fees reflected on Seller CD but not all fees included on Borrower Final CD XXX, Seller fees have been sourced on the Seller CD, Condition Satisfied.

(No Data)

Exception Satisfied, seller fees have been sourced on the Seller CD final Grade A.

Numeric

Not Applicable

CFCFS2860: Good credit history

- XXX Comments:  Borrower Has history of good credit with 0 Late Payments > XXX Months

 

CFCFS1731: Verified cash reserves exceed guidelines

- XXX Comments:  Post Close Assets are $ XXX  or XXX months PITIAGuidelines require XXX months or $ XXX  X 9 = $ XXX+ XXX Months for Additional REO or ( $ XXX  X 3 = $ XXX )

 

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  Borrower has XXX Years at Current Residence

 

409057227

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID3676

TRID - CD: Ten percent tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation.

No

XXX% tolerance in the amount of $XXX increase in Recording fees from $XXX to $XXX on CD XXX to CD XXX with no valid COC. Condition is pending receiving a valid Change of Circumstances or PCD reflecting lenders cure, LOE to borrower, a copy of refund and proof of delivery via shipping that includes tracking information.

09/11/2026 Client provided PCCD XXX with cure, copy of cure check, LOE and delivered XXX tracking.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS2860: Good credit history

- XXX Comments:  Borrower Has history of good credit with 0 Late Payments > XXX Months

 

CFCFS1731: Verified cash reserves exceed guidelines

- XXX Comments:  Post Close Assets are $ XXX  or XXX months PITIAGuidelines require XXX months or $ XXX  X 9 = $ XXX+ XXX Months for Additional REO or ( $ XXX  X 3 = $ XXX )

 

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  Borrower has XXX Years at Current Residence

 

409061371

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  XXX fico > program minimum of XXX.

 

CFCFS1744: DTI below guideline requirement

- XXX Comments:  XXX% DTI < program maximum of XXX%.

 

409061375

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  Credit score XXX  exceeds guideline XXX

 

CFCFS1736: Significant time at current residence

- XXX Comments:  Borrower has XXX  years XXX  months at current residence.

 

CFCFS1731: Verified cash reserves exceed guidelines

- XXX Comments:  $XXX  in verified assets is sufficient to cover required reserves $XXX

 

409061379

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Compliance

Documentation

Satisfied

D

A

D

A

CMPDOC191

Missing Mortgage

No

Missing a copy of executed Mortgage along with, if applicable, all Riders.

08/25/26 Client provided the fully executed DOT and PUD Rider.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- XXX Comments:  Post Close Assets are $ XXX or XXX months PITIAGuidelines require 6 months or $ XXX X XXX = $ XXX

 

CFCFS2854: Significant time in profession

- XXX Comments:  Borrower has XXX Years in Current Profession

 

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  High Credit XXX Guidelines allow XXX

 

409061379

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID3670

TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation

No

XXX% tolerance in the amount of $XXX due to added CDA fee on a revised LE XXX. COC in file dated XXX indicates fee added due to Investor's requirement. Loan was locked with XXX Investor on XXX. Fee was not disclosed timely. Condition is pending receiving PCD reflecting lenders cure, LOE to borrower, a copy of refund and proof of delivery via shipping that includes tracking information.

09/02/26 Client provided an XXX PCCD, LOE, check and tracking (delivery confirmed).

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- XXX Comments:  Post Close Assets are $ XXX or XXX months PITIAGuidelines require 6 months or $ XXX X XXX = $ XXX

 

CFCFS2854: Significant time in profession

- XXX Comments:  Borrower has XXX Years in Current Profession

 

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  High Credit XXX Guidelines allow XXX

 

409061399

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

C

A

A

A

A

A

C

A

C

A

A

A

A

A

C

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID5293

TRID  Not all required seller-paid fees were disclosed on the CD

No

Seller fees reflected on Seller CD but not included on Borrower Final CD.

(No Data)

Conclusion-Exception Satisfied. Seller fees have been sourced on the Seller CD.

Numeric

Not Applicable

CFCFS1736: Significant time at current residence

- XXX Comments:  Borrowers have resided at the current residence for XXX years

 

CFCFS1744: DTI below guideline requirement

- XXX Comments:  XXX% DTI is below guideline maximum of XXX%

 

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  XXX credit score exceed guideline minimum of XXX

 

409061399

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

C

A

A

A

A

A

C

A

C

A

A

A

A

A

C

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

A

C

A

CMPTRID3670

TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation

No

Appraisal fee increased from initial LE XXX $XXX to final LE XXX $XXX. COC issued XXX does not list amount of fee increase or sufficient details as to why fee increased. No cure provided on final CD to satisfy condition. Condition pending receipt detailed COC with fee increase validated or Post CD reflecting lenders cure, LOX, Total Refund of $XXX w/ Proof of Delivery.

09/09/26 Client provided a separate XXX COC validating the Appraisal increase.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence

- XXX Comments:  Borrowers have resided at the current residence for XXX years

 

CFCFS1744: DTI below guideline requirement

- XXX Comments:  XXX% DTI is below guideline maximum of XXX%

 

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  XXX credit score exceed guideline minimum of XXX

 

409061409

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

RESPA

Waived

B

B

B

B

CMPRESPA863

RESPA: Required Affiliate Business Disclosure missing

No

Pending a copy of affiliated business disclosure provided to borrower

09/02/26 Client provided an approved exception for the missing ABD.

Initial and Final Grade B.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements

- XXX Comments:  XXX% LTV is below guideline maximum of XXX%

 

CFCFS1744: DTI below guideline requirement

- XXX Comments:  XXX% DTI is below guideline maximum of XXX%

 

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  XXX credit score exceed guideline minimum of XXX

 

409061409

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

A

C

A

CMPTRID3670

TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation

No

XXX% tolerance in the amount of $XXX due to added CDA fee on LE XXX with no valid reasons documented on COC XXX. Lender's credit for tolerance cure was applied towards increased Recording fee. Condition is pending receiving a valid Change of Circumstances or PCD reflecting lenders cure, LOE to borrower, a copy of refund and proof of delivery via shipping that includes tracking information.

09/04/26 Client provided an additional XXX COC and Email with screenshots supporting the UCDP report scores and receipt on XXX.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements

- XXX Comments:  XXX% LTV is below guideline maximum of XXX%

 

CFCFS1744: DTI below guideline requirement

- XXX Comments:  XXX% DTI is below guideline maximum of XXX%

 

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  XXX credit score exceed guideline minimum of XXX

 

409061409

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Provide a CDA due to XXX LCA Risk score of X.X exceeding guideline requirement of 2.5 or less.

9.4.2026 Client provided 3rd party CDA valuation supporting appraised value with XXX% variance

Condition satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements

- XXX Comments:  XXX% LTV is below guideline maximum of XXX%

 

CFCFS1744: DTI below guideline requirement

- XXX Comments:  XXX% DTI is below guideline maximum of XXX%

 

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  XXX credit score exceed guideline minimum of XXX

 

409061412

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1744: DTI below guideline requirement

- XXX Comments:  XXX% DTI

 

CFCFS1731: Verified cash reserves exceed guidelines

- XXX Comments:  Reserves$XXX or XXX months PITI

 

409061423

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  XXX mid score > min required of XXX.

 

CFCFS5269: Minimal use of credit

- XXX Comments:  Minimal usage of available revolving credit lines @ XXX%

 

CFCFS1734: Borrower has significant time at current job

- XXX Comments:  XXX+ years with current employer.

 

409061439

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

D

A

D

A

A

A

C

A

D

A

D

A

A

A

C

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

A

C

A

CMPTRID3618

TRID - Corrected CD should have been provided; Change of Product or Product Feature not disclosed at least 3 business days prior to closing

No

Unable to test a loan product due to missing initial CD in file.

XXX  Client provided the missing Initial CD XXX

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  XXX  qualifying score exceeds guide lines.

 

CFCFS1734: Borrower has significant time at current job

- XXX Comments:  Borrower has stable employment with XXX  years at current job.

 

409061439

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

D

A

D

A

A

A

C

A

D

A

D

A

A

A

C

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

A

C

A

CMPTRID3626

TRID - CD: Loan consummated before end of waiting period

No

CD XXX is the only CD in file. Missing initial CD acknowledged by borrowers a minimum of XXX days prior to closing.

XXX Client provided the missing Initial CD XXX.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  XXX  qualifying score exceeds guide lines.

 

CFCFS1734: Borrower has significant time at current job

- XXX Comments:  Borrower has stable employment with XXX  years at current job.

 

409061439

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

D

A

D

A

A

A

C

A

D

A

D

A

A

A

C

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

A

C

A

CMPTRID3640

TRID - CD: Zero tolerance fee or fees increased at or prior to closing without a valid reason or the revised LE/CD was not timely disclosed; insufficient credit or refund provided

No

Zero tolerance in the amount of $XXX  due to Credit Report fee increased without a COC in file. A lender cure in the amount of $XXX  was disclosed; however, an additional $XXX  is required. Condition pending receipt of a valid Change of Circumstances or Post CD reflecting lenders cure, LOX, a copy of refund and proof of delivery including shipping details and tracking information.

XXX Client provided a screen print of Initial LE XXX , Section B unrounded Credit report fee of $XXX  and missing Initial CD XXX  reflecting fee of $XXX . making the cure amount as reflected on the Final CD of $XXX  correct.

Condition Satisfied.

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  XXX  qualifying score exceeds guide lines.

 

CFCFS1734: Borrower has significant time at current job

- XXX Comments:  Borrower has stable employment with XXX  years at current job.

 

409061439

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

D

A

D

A

A

A

C

A

D

A

D

A

A

A

C

A

Credit

Terms/Guidelines

Satisfied

D

A

D

A

CRDTER146

Missing lender's loan approval/underwriting form

No

Missing lender's 1008 approval.

XXX  Client provided lender 1008

Condition satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  XXX  qualifying score exceeds guide lines.

 

CFCFS1734: Borrower has significant time at current job

- XXX Comments:  Borrower has stable employment with XXX  years at current job.

 

409061456

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

B

A

A

A

A

A

B

A

B

A

A

A

A

A

B

A

Compliance

Borrower's Interest

Satisfied

B

A

B

A

CMPBI1623

MA Borrower Interest; Worksheet missing

No

Borrower Interest; Worksheet missing

XXX Client provided the MA Borrower Interest worksheet.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- XXX Comments:  Assets: $XXX effective, $XXX  to close, $XXX  reserves; $XXX  x XXX  = $XXX  reserves required.

 

CFCFS1739: Postive mortgage payment history

- XXX Comments:  Borrowers have XXX  months mortgage payment history XXX.

 

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  XXX  mid score > min required of XXX

 

409061511

XXXXXX

XXXXXX

QM: Safe Harbor

QM: Safe Harbor (APOR)

D

A

D

A

A

A

D

A

D

A

D

A

A

A

D

A

Compliance

Ability to Repay/Qualified Mortgage

Satisfied

D

A

D

A

CMPATRQM3220

TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; the loan file is missing documents to complete the ATR/QM review and render an accurate ATR/QM status.

No

Missing AUS approval and P&L

9.15.2026 Client provided YTD XXX P/L and DU AUS

Condition satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  XXX score exceeds XXX Min

 

CFCFS1734: Borrower has significant time at current job

- XXX Comments:  XXX years in bus XXX years in Profession

 

409061511

XXXXXX

XXXXXX

QM: Safe Harbor

QM: Safe Harbor (APOR)

D

A

D

A

A

A

D

A

D

A

D

A

A

A

D

A

Credit

Income/Employment

Satisfied

D

A

D

A

CRDINC2302

Missing Required Income Documentation

No

Missing YTD XXX P&L for 1120s Business

9.15.2026 Client provided YTD XXX P/L for 1120S Business (XXX% owner)

condition satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  XXX score exceeds XXX Min

 

CFCFS1734: Borrower has significant time at current job

- XXX Comments:  XXX years in bus XXX years in Profession

 

409061511

XXXXXX

XXXXXX

QM: Safe Harbor

QM: Safe Harbor (APOR)

D

A

D

A

A

A

D

A

D

A

D

A

A

A

D

A

Credit

Income/Employment

Satisfied

D

A

D

A

CRDINC3204

Income Documentation Missing

No

Missing DUAI subject to additional conditions upon review

9/3 Client asked to clarify; Provide Desktop UW Approve Ineligible  Approval #XXX used to UW the file  9.15.2026 Client provided DU AUS however separate condition on file stating transaction having a LTV of XXX%; DU to reflect the same. Condition remains for DU to reflect the same LTV of XXX% 9/17 Appriased valuee corrected LTV is XXX%t

Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  XXX score exceeds XXX Min

 

CFCFS1734: Borrower has significant time at current job

- XXX Comments:  XXX years in bus XXX years in Profession

 

409061511

XXXXXX

XXXXXX

QM: Safe Harbor

QM: Safe Harbor (APOR)

D

A

D

A

A

A

D

A

D

A

D

A

A

A

D

A

Credit

LTV/CLTV

Satisfied

B

A

B

A

CRDLTV5736

LTV Exceeds Guideline Requirement by less than 5%

No

Second full 1004 appraisal provided with a value of  $XXX putting the LTV at XXX

9/3 Client provided Email AUS approval allows to XXX LTV Provide a corrected 1008 using value of $XXX and LTV XXX9.15.2026 Client provided LOX in Collaborate stating why you want to use lower appraised value. Response, lowest of XXX values to be used for LTV/CLTV purposes.  Prior update remains, in addition DU AUS to reflect the same (if applicable)9/17 Client provided an Email on review the lower value appraisal is not the subject; Appraisal of subject $XXX is supported by a CDA

Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  XXX score exceeds XXX Min

 

CFCFS1734: Borrower has significant time at current job

- XXX Comments:  XXX years in bus XXX years in Profession

 

409061511

XXXXXX

XXXXXX

QM: Safe Harbor

QM: Safe Harbor (APOR)

D

A

D

A

A

A

D

A

D

A

D

A

A

A

D

A

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Provide a CDA CCA supporting the value

9/17 Client provided a CDA supporting the value

Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  XXX score exceeds XXX Min

 

CFCFS1734: Borrower has significant time at current job

- XXX Comments:  XXX years in bus XXX years in Profession

 

409061531

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS2854: Significant time in profession

- XXX Comments:  Borrower has been in same profession for XXX years.

 

CFCFS1737: LTV below guideline requirements

- XXX Comments:  LTV is XXX %; guidelines allow XXX %.

 

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  XXX  mid score > min required of XXX

 

409061537

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  XXX mid score > min required of XXX

 

CFCFS5269: Minimal use of credit

- XXX Comments:  Minimal usage of available revolving credit lines @ XXX %

 

CFCFS1731: Verified cash reserves exceed guidelines

- XXX Comments:  Post close assets are $XXX  or XXX months PITI reserves, the guidelines require XXX months PITI reserves.

 

409061539

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  XXX credit score exceed guideline minimum of XXX

 

CFCFS1744: DTI below guideline requirement

- XXX Comments:  XXX% DTI is below guideline maximum of XXX%

 

CFCFS1737: LTV below guideline requirements

- XXX Comments:  XXX% LTV is below guideline maximum of XXX%

 

CFCFS2854: Significant time in profession

- XXX Comments:  B2 have been  in the same line of work for XXX years

 

409061542

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  Verified XXX FICO score. Minimum required XXX.

 

CFCFS1744: DTI below guideline requirement

- XXX Comments:  Borrowers DTI XXX% is below guideline maximum XXX%.

 

CFCFS1737: LTV below guideline requirements

- XXX Comments:  LTV is XXX%; guidelines allow XXX%.

 

409061563

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  XXX  mid score > min required of XXX .

 

CFCFS1734: Borrower has significant time at current job

- XXX Comments:  XXX + years in current position, Sch. C business.

 

CFCFS1744: DTI below guideline requirement

- XXX Comments:  Borrower's DTI of XXX % is below guideline maximum of XXX %.

 

409061565

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Property

Satisfied

D

A

D

A

PRVAPROP111

Legal Nonconforming w/out Rebuild Letter

No

Appraiser to provide rebuild comment/letter

9.10.2026 Client provided updated appraisal with appraiser commenting on legal non conforming subject being able to be rebuilt

Condition satisfied

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement

- XXX Comments:  XXX% DTI

 

CFCFS1731: Verified cash reserves exceed guidelines

- XXX Comments:  Reserves$XXX or XXX months PITI

 

409061567

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID3670

TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation

No

0% tolerance in the amount of $XXX due to added HOA Questionnaire fee on revised CD XXX with no valid reasons documented on COC XXX. Condition is pending receiving PCD reflecting lenders cure, LOE to borrower, a copy of refund and proof of delivery via shipping that includes tracking information.

08/31/2026 Client provided a duplicate of the XXX CD and COC XXX reflecting HOA questionnaire was required by UW and conditioned for a full Condo Project review.  Condition remains.  Provide a valid reason why the fee was not included on the initial Disclosures for re-review.  09/04/26 Client provided an XXX PCCD with principal reduction cure, LOE and payment history reflecting the $XXX PR deposit.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  Verified XXX FICO score. Minimum required XXX.

 

CFCFS2854: Significant time in profession

- XXX Comments:  Borrower has been in same profession for XXX years.

 

409061595

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

Credit

Assets

Satisfied

C

A

C

A

CRDAST205

Insufficient Funds to Close

No

Short $XXX to close after liquid accounts.  Provide liquidation documentation for XXX  XXX IRA account with $XXX balance.

8.25.2026 Client provided duplicate (in file) copy of the XXX #XXX with balance of $XXX  and short liquid funds to close of $XXX; initial condition remains for liquidation of this account or additional verified liquid assets towards funds to close. 8.28.2026 Client provided duplicate (in file) XXX#XXX-XXXand #XXX-XXX and are currently being used with DD Firm however the condition is pertaining to, these two XXX accounts are IRA assets which require liquidation to support liquid funds to close. Condition remains to verify liquidation of assets to support shortage of liquid funds of $XXXshortage is due to IRA asset which are non liquid.  Missing evidence of liquid assets or liquidation of XXX assets to cover funds to close. 9.3.2026 Client provided rebuttal regarding liqudiation of IRA assets per FNMA guidelines. Response, appears there are two XXX accounts: #XXX($XXX) and #XXX ($XXX) and short cash to close of $XXX so both dont need to be liquidated only #XXX which do not exceed the XXX% however lender is combining both account however both are not needed toward funds to close.  In addition, lender stated for reserves no liquidation is required. Response, this condition is only pertaining to liquid funds to close, this condition is not pertaining to reserves. Reserves are met, no condition on file for reserves condition on file for short funds to close of $XXX and #XXX having a balance of $XXX is sufficient to cover the shortage of funds to close however is an IRA account. Condition remains #XXX liquidation for short funds to close. Note: if the total was $XXX for one account then liquidation is not require, would meet the XXX% however Lender combining both IRA assets when only one account is needed for liquidation. 9/8 Client asked for a review; Upon review by XXX XXX; Client has two IRA accounts FNMA allows the combined balance to be used for all IRA accounts #XXX($XXX) and #XXX ($XXX) for a total balance of $XXX x XXX%=$XXX liquid with $XXX required to close; sufficient equity verified without liquidation required

satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements

- XXX Comments:  XXX% LTV

 

CFCFS1744: DTI below guideline requirement

- XXX Comments:  XXX% DTI

 

409061602

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

C

A

A

A

C

A

A

A

C

A

A

A

C

A

A

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID5293

TRID  Not all required seller-paid fees were disclosed on the CD

No

Seller fees reflected on Seller CD but not included on Borrower Final CD.

(No Data)

Conclusion-Exception Satisfied. Seller fees have been sourced on the Seller CD.

Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements

- XXX Comments:  XXX% LTV

 

CFCFS1731: Verified cash reserves exceed guidelines

- XXX Comments:  Reserves sourced:Months PITI Reserves (Qual Rate)XXXCash Reserves$XXXRequired:XXX months PITI; met.

 

409061602

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

C

A

A

A

C

A

A

A

C

A

A

A

C

A

A

A

Property Valuations

Appraisal

Satisfied

C

A

C

A

PRVAAPPR4789

Appraisal Deficiency

No

1. Page 28 combined file , appraisal has comp 4 on location map - but no comp 4 on grid or photos. Appraiser to provide updated appraisal / clarification for discrepancy.2. Subject's appraised value is XXX. Comps 2 sales price XXX and comp 3 sales price XXX. Page 11 combined file, Supplemental Addendum for appraisal states : 'PREDOMINANT VALUEALTHOUGH THE SUBJECT'S FINAL APPRAISED VALUE DIFFERS FROM THE PREDOMINANT VALUE, IT IS WITHIN THEONE-UNIT HOUSING RANGE. AS EVIDENCED BY THE COMPARABLES, PROPERTIES SELLING ABOVE OR BELOW THEPREDOMINANT VALUE ARE CONSIDERED MARKETABLE.'However page 1 of appraisal reflects One-Unit Housing high at XXX.Appraiser to provide updated appraisal / clarification for discrepancy, and state if subject is an over-improvement for the area or not.* Both may be subject to additional conditions upon review.

8.28.2026 Client provided updated appraisal with removing comp #4 info and correcting the (1st pg) price high from XXX to $XXX

Condition satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements

- XXX Comments:  XXX% LTV

 

CFCFS1731: Verified cash reserves exceed guidelines

- XXX Comments:  Reserves sourced:Months PITI Reserves (Qual Rate)XXXCash Reserves$XXXRequired:XXX months PITI; met.

 

409061622

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

C

B

A

A

C

A

B

B

C

B

A

A

C

A

B

B

Compliance

Documentation

Waived

B

B

B

B

CMPDOC2500

Some funds escrowed based on written agreement for completion of improvements to property

No

Escrow Holdback for XXX   Holdback not allowed per guidelines. XXX  approval in file.  Pending completed 1004D

XXX Client provided an approved exception to allow the file without evidence of escrow release; (to be obtained PC within XXX  days of funding)

XXX final grade is B

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- XXX Comments:  Reserves$XXX  or XXX  months PITI

 

CFCFS1737: LTV below guideline requirements

- XXX Comments:  XXX % LTV

 

409061622

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

C

B

A

A

C

A

B

B

C

B

A

A

C

A

B

B

Property Valuations

Property

Satisfied

C

A

C

A

PRVAPROP177

Property Issues Indicated

No

Provide completed 1004D with the completion of the backyard

XXX  Client provided a 1004D showing all items completed

Satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- XXX Comments:  Reserves$XXX  or XXX  months PITI

 

CFCFS1737: LTV below guideline requirements

- XXX Comments:  XXX % LTV

 

409061625

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1737: LTV below guideline requirements

- XXX Comments:  XXX% LTV is XXX% below the maximum allowable LTV of XXX%.

 

CFCFS1734: Borrower has significant time at current job

- XXX Comments:  Borrower has been with current employer since XXX.

 

CFCFS1731: Verified cash reserves exceed guidelines

- XXX Comments:  Borrower has XXX months of PITIA available in reserves; XXX months required.

 

CFCFS1744: DTI below guideline requirement

- XXX Comments:  XXX% DTI is below the maximum allowed DTI of XXX%.

 

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  Credit score of XXX is 95 points above the minimum required score of XXX.

 

409061658

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

1004D page 1 in file missing complete signed 1004d all pages and photos

9/3 Client provided complete 1004D

Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  XXX score exceeds XXX min

 

CFCFS2854: Significant time in profession

- XXX Comments:  XXX years and XXX years in profession for each Borrower

 

409061665

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  Credit score of XXX is XXX points above the minimum required score of XXX.

 

CFCFS1734: Borrower has significant time at current job

- XXX Comments:  Borrower has been with current employer since XXX

 

CFCFS1737: LTV below guideline requirements

- XXX Comments:  XXX% LTV is XXX% below the maximum allowable LTV of XXX%.

 

CFCFS1731: Verified cash reserves exceed guidelines

- XXX Comments:  Borrowers have XXX months of PITIA available in reserves; XXX months required.

 

409061680

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1731: Verified cash reserves exceed guidelines

- XXX Comments:  Post Close Assets are $XXX or XXX months reserve, XXX months PITIA required or $XXX

 

CFCFS5269: Minimal use of credit

- XXX Comments:  Minimal usage of available revolving credit lines @ XXX%

 

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  XXX mid score > min required of XXX.

 

409061681

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  XXX qualifying score exceeds guide lines.

 

CFCFS1734: Borrower has significant time at current job

- XXX Comments:  Borrower has stable employment with XXX years at current job.

 

409061685

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID3670

TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation

No

0% in the amount of $XXX due to Appraisal fee increased on LE XXX. Per COC XXX, fee increased due to Rush. Condition is pending receiving borrower's request for Appraisal being rushed or PCD reflecting lenders cure, LOE to borrower, a copy of refund and proof of delivery via shipping that includes tracking information

08/27/26 Client provided rebuttal from Seller and duplicate copy of the XXX Appraisal Invoice. Condition remains. The Invoice received is not a valid "change in circumstance" to increase the Appraisal charged to the Borrower. In addition, the COC indicates a Rush surcharge was added, yet the Invoice reflects $XXX for Rush Request. Borrower is due a refund of $XXX, PCCD, LOE and proof of delivery with tracking.09/04/26 Client provided an Email response from the Seller. Condition remains. The XXX/Appraiser surcharge to rush or expedite the order is not a sufficient change in circumstance to increase the fee to the borrower. If the borrower made the request to rush the order, then provide the supporting documentation such as Email from borrower or LOS Notes documenting the conversation with the borrower. If unable to provide, a refund of $XXX is required along with the LOE, PCCD and tracking.09/14/2026 Client provided PCCD XXX with cure, copy of cure check, LOE and delivered XXX  tracking.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- XXX Comments:  Post closing assets $XXX month > reserve requirement $XXX.

 

CFCFS1740: Mortgage payment history exceeds guidelines

- XXX Comments:  Borrowers have XXX-months housing payment history XXX.

 

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  XXX mid score > min required of XXX.

 

CFCFS1744: DTI below guideline requirement

- XXX Comments:  Borrowers DTI XXX% is below guideline maximum XXX%.

 

CFCFS1734: Borrower has significant time at current job

- XXX Comments:  XXX years with same employer.

 

409061689

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Credit

DTI

Satisfied

D

A

D

A

CRDDTI2540

Missing verification of some or all components of non-subject PITI

No

Missing evidence of property taxes for XXX XXX XXX XXX , XXX  XXX  CA.

XXX Client provided copy of tax bill for requested property supporting $XXX

Condition satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- XXX Comments:  Post closing assets $XXX month > reserve requirement $XXX

 

CFCFS1744: DTI below guideline requirement

- XXX Comments:  Borrowers DTI XXX % is below guideline maximum XXX %.

 

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  XXX  mid score > min required of XXX .

 

409061690

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Credit

Income/Employment

Satisfied

D

A

D

A

CRDINC3204

Income Documentation Missing

No

Borrower 2 states an additional $XXX/month in 'Other' income, missing the 'Other' income documentation.

8.26.2026 Client provided lender worksheet for asset depletion income of $XXX; using assets of $XXX over XXX years @XXX% for monthly $XXX however verified reserves are about $XXX and other assets being used towards cash to close.  DTI XXX% remains, asset depletion income of $XXX is not supported and currently not being considered. 9.30.2026 Client provided an updated LOX explaining where the difference of the $XXX is coming from to consider using as asset depletion income, it appears file have a XXX #XXX with balance of $XXX however 1003 is only reflecting this account balance of $XXX and per Lender the additional $XXX is being used @ XXX% over XXX years for B2 monthly asset depletion of $XXX; borrower 2 is < XXX age, and #XXX(non-retirement) assets meet the minimum of $XXX to consider the full amount of $XXX ; this is the additional other income that was being used for qualifying and is supported.  Condition remains for updated 1003 for B2 reflecting this additional $XXX for #XXX to support this is being used towards asset depletion, currently 1003 only reflecting balance of $XXX however should reflect $XXX 9.10.2026 Client provided updated 1003 with including full balance of XXX#XXX asset account of $XXX with using $XXX towards asset depletion monthly income.

Condition satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements

- XXX Comments:  LTV is XXX%; guidelines allow XXX%.

 

CFCFS1731: Verified cash reserves exceed guidelines

- XXX Comments:  Post closing assets $XXX > min required of $XXX.

 

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  XXX mid score > min required of XXX

 

409061693

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

RESPA

Waived

B

B

B

B

CMPRESPA863

RESPA: Required Affiliate Business Disclosure missing

No

Required Affiliate Business Disclosure is missing From the File.

09/02/26 Client provided an approved exception for the missing ABD.

Initial and Final Grade B.

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence

- XXX Comments:  Borrower has XXX Years at Current Residence

 

CFCFS2854: Significant time in profession

- XXX Comments:  Borrower has XXX Years in Current Profession

 

CFCFS1731: Verified cash reserves exceed guidelines

- XXX Comments:  Post Close Assets are $ XXX or XXX months PITIAGuidelines require XXX months or $ XXX X 6 = $ XXX

 

409061693

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Waived

B

B

B

B

CMPTRID5806

TRID - At least 1 CD prior to the last CD at or prior to closing was not provided to all with rescission rights.

No

Missing initial CD XXX, a revised CD XXX and revised CD XXX issued and provided to non-borrowing spouse.

09/14/26 Client provided an Email response from Seller stating: As previously stated, due to an oversight during system setup, the non-borrowing spouse's contact information was not fully entered, which prevented electronic delivery of the disclosures. However, the non-borrowing spouse received the Closing Disclosure in person at closing along with the Notice of Right to Cancel. Both documents were executed on XXX. The Closing Disclosure dated XXX is the final version and is the same disclosure that was reviewed and signed at closing. In addition, XXX copies of the XXX Closing Disclosure were delivered to XXX email address. The loan did not fund until XXX, providing the full rescission period following execution of the Closing Disclosure and Notice of Right to Cancel. Accordingly, the non-borrowing spouse received the required disclosure and rescission rights prior to funding. Condition remains. All consumers, including non-borrowing title holders/spouse, are entitled to received all CDs. File contains the XXX CDs to both parties, however the delivery of the CD XXX and XXX to the XXX is missing.09/15/26 Client provided an approved exception for the missing delivery of the XXX and XXX CDs to the XXX.

Initial and Final Grade B.

Not Applicable

Not Applicable

CFCFS1736: Significant time at current residence

- XXX Comments:  Borrower has XXX Years at Current Residence

 

CFCFS2854: Significant time in profession

- XXX Comments:  Borrower has XXX Years in Current Profession

 

CFCFS1731: Verified cash reserves exceed guidelines

- XXX Comments:  Post Close Assets are $ XXX or XXX months PITIAGuidelines require XXX months or $ XXX X 6 = $ XXX

 

409061693

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation to support $ XXX Appraised Value

9/2 Provide a CDA or CCA supporting the appraised value9.4.2026 Client provided CU Score X.X

Condition satisfied

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence

- XXX Comments:  Borrower has XXX Years at Current Residence

 

CFCFS2854: Significant time in profession

- XXX Comments:  Borrower has XXX Years in Current Profession

 

CFCFS1731: Verified cash reserves exceed guidelines

- XXX Comments:  Post Close Assets are $ XXX or XXX months PITIAGuidelines require XXX months or $ XXX X 6 = $ XXX

 

409061696

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1735: Co-Borrower has significant time at current job

- XXX Comments:  CO borrower XXX year at current employment

 

CFCFS1744: DTI below guideline requirement

- XXX Comments:  DTI XXX%

 

409061735

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID5293

TRID  Not all required seller-paid fees were disclosed on the CD

No

Not all required seller-paid fees were disclosed on the final CD. Seller's CD in file and able to trace all fees, exception is satisfied

(No Data)

Exception is information and is satisfied to 1/A

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  Qual score XXX; min score XXX.

 

CFCFS5269: Minimal use of credit

- XXX Comments:  Minimal usage of available revolving credit lines @ XXX%.

 

CFCFS1731: Verified cash reserves exceed guidelines

- XXX Comments:  Verified reserves $XXX; required reserves $XXX.

 

409061844

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

B

B

B

B

A

A

A

A

B

B

B

B

A

A

A

A

Credit

Credit/Mtg History

Waived

B

B

B

B

CRDCRMH3000

# of Tradelines Does Not Meet Guideline Requirements

No

B2 does not meet the minimum tradeline history for the XXX Program of 3 tradelines rated for at least XXX mo.; B2 has 2 open/active tradelines meeting the requirement with XXX and XXX months, but the 3rd tradeline only has XXX mo. last active in XXX

8.24.26- Client provided an exception request approved XXXto allow insufficient tradelines for B2.

8.24.26- Upon further review the Sr XXX UW determines the proposed guideline violation is non-material due to meeting all exception conditions and additional compensating factors of XXX% LTV, XXX FICO score and XXX% DTI; waived.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  XXX credit score exceed minimum guideline requirement of XXX

 

CFCFS1744: DTI below guideline requirement

- XXX Comments:  XXX% DTI is below guideline maximum of XXX%

 

CFCFS1737: LTV below guideline requirements

- XXX Comments:  XXX% LTV is below guideline maximum of XXX%

 

409061880

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1737: LTV below guideline requirements

- XXX Comments:  XXX% LTV

 

CFCFS1739: Postive mortgage payment history

- XXX Comments:  Borrowers have XXX months of XXX on current mortgage

 

409061891

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

C

B

C

A

A

A

C

B

C

B

C

A

A

A

C

B

Compliance

RESPA

Waived

B

B

B

B

CMPRESPA2700

RESPA - List of homeowners counseling organizations not provided w/in 3 days of application

No

Missing the initial Homeowners list of organizations. HOCL in file is dated XXX.

9/3/26 Client provided an approved exception for HOCL not provided timely.

9/3/26 Initial and final grade is 2/B

(No Data)

Not Applicable

CFCFS5269: Minimal use of credit

- XXX Comments:  Minimal usage of available revolving credit lines @ XXX%

 

CFCFS1731: Verified cash reserves exceed guidelines

- XXX Comments:  Post close assets are $XXX or XXX months PITI reserves, the guidelines require XXX months PITI reserves

 

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  XXX mid score > min required of XXX

 

409061891

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

C

B

C

A

A

A

C

B

C

B

C

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

A

C

A

CMPTRID3552

TRID - Loan Estimate not timely

No

LE XXX is the only LE in file. Missing initial LE provided to borrower within 3 days of application date XXX.

09/16/26 Client provided the missing XXX LE package.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS5269: Minimal use of credit

- XXX Comments:  Minimal usage of available revolving credit lines @ XXX%

 

CFCFS1731: Verified cash reserves exceed guidelines

- XXX Comments:  Post close assets are $XXX or XXX months PITI reserves, the guidelines require XXX months PITI reserves

 

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  XXX mid score > min required of XXX

 

409061891

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

C

B

C

A

A

A

C

B

C

B

C

A

A

A

C

B

Credit

DTI

Satisfied

C

A

C

A

CRDDTI187

Debt Ratio > 60%

No

DTI of XXX exceeds the guideline maximum of XXX%. Originator excluded the departing residence PITI per the guidelines; however, per the guidelines, a copy of the executed sales contract with financing contingencies cleared/satisfied must be provided, no executed sales contract was provided.

9/4 Departure residence is excluded; on review consumer debt payoff corrected; DTI XXX

Satisfied

(No Data)

Not Applicable

CFCFS5269: Minimal use of credit

- XXX Comments:  Minimal usage of available revolving credit lines @ XXX%

 

CFCFS1731: Verified cash reserves exceed guidelines

- XXX Comments:  Post close assets are $XXX or XXX months PITI reserves, the guidelines require XXX months PITI reserves

 

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  XXX mid score > min required of XXX

 

409061907

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1734: Borrower has significant time at current job

- XXX Comments:  XXX+ years with same employer.

 

CFCFS1731: Verified cash reserves exceed guidelines

- XXX Comments:  Post closing assets $XXX month > reserve requirement $XXX.

 

CFCFS1744: DTI below guideline requirement

- XXX Comments:  Borrowers DTI XXX% is below guideline maximum XXX%.

 

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  XXX mid score > min required of XXX.

 

CFCFS1740: Mortgage payment history exceeds guidelines

- XXX Comments:  Borrowers have XXX-months housing payment history XXX.

 

409061908

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID5293

TRID  Not all required seller-paid fees were disclosed on the CD

No

Seller fees listed on Seller CD but not Borrower final CD. As the fees are at least reflected there is no material issue. This exception is informational per XXX Compliance department and TRID 2.0 revisions.  Exception satisfied. Final Grade A.

(No Data)

Exception is information and is satisfied to 1/A

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  XXX  fico > program minimum of XXX

 

CFCFS1737: LTV below guideline requirements

- XXX Comments:  XXX % LTV < program maximum of XXX %.

 

409061909

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID5293

TRID  Not all required seller-paid fees were disclosed on the CD

No

Not all required seller-paid fees were disclosed on the final CD. Seller's CD in file and able to trace all fees.

(No Data)

Exception is information and is satisfied to 1/A

Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements

- XXX Comments:  LTV is XXX %; guidelines allow XXX %.

 

CFCFS1744: DTI below guideline requirement

- XXX Comments:  Borrowers DTI XXX % is below guideline maximum XXX %.

 

409061909

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID3640

TRID - CD: Zero tolerance fee or fees increased at or prior to closing without a valid reason or the revised LE/CD was not timely disclosed; insufficient credit or refund provided

No

Zero Tolerance in the amount of $XXX  due to added CDA fee on initial CD XXX with no valid reasons documented on COC XXX. Lender's credit for tolerance cure was applied towards increased Credit Report fee. Condition is pending receiving PCD reflecting lenders cure, LOE to borrower, a copy of refund and proof of delivery via shipping that includes tracking information.

09/01/26 Client provided an 8/26 PCCD, LOE, check and tracking (delivery confirmed).

Condition Satisfied.

Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements

- XXX Comments:  LTV is XXX %; guidelines allow XXX %.

 

CFCFS1744: DTI below guideline requirement

- XXX Comments:  Borrowers DTI XXX % is below guideline maximum XXX %.

 

409061913

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

C

A

A

A

A

A

C

A

C

A

A

A

A

A

C

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID5293

TRID  Not all required seller-paid fees were disclosed on the CD

No

The Final Closing Disclosure does not reflect all the required Seller paid closing fees.

(No Data)

Exception is information and is satisfied to 1/A

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  XXX  mid score > min required of XXX

 

CFCFS5269: Minimal use of credit

- XXX Comments:  Minimal usage of available revolving credit lines @ XXX %

 

CFCFS1731: Verified cash reserves exceed guidelines

- XXX Comments:  Post closing assets $XXX   > min required of $XXX .

 

409061913

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

C

A

A

A

A

A

C

A

C

A

A

A

A

A

C

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

A

C

A

CMPTRID3670

TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation

No

XXX % tolerance in the amount of $XXX due to added Appraisal fee on a revised LE XXX  with no valid reasons documented as to why fee was added. Condition is pending receiving a further explanation why fee was not disclosed on initial LE or PCD reflecting lenders cure, LOE to borrower, a copy of refund and proof of delivery via shipping that includes tracking information

08/24/2026 Client provided COC XXX reflecting the Appraisal fee $XXX covered by the reduction of the Discount points to $XXX on CD XXX. Condition remains. Provide an itemization reflecting the un-rounded amount for Discount Points on the LAST LE XXX for re-review. 08/28/26 Client provided the XXX LE package with Seller Response. Lock agreement reflects the un-rounded Points of $XXX. Reduction in Points covers the added Appraisal fee.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  XXX  mid score > min required of XXX

 

CFCFS5269: Minimal use of credit

- XXX Comments:  Minimal usage of available revolving credit lines @ XXX %

 

CFCFS1731: Verified cash reserves exceed guidelines

- XXX Comments:  Post closing assets $XXX   > min required of $XXX .

 

409061932

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

B

A

A

A

A

A

B

A

B

A

A

A

A

A

B

A

Compliance

RESPA

Satisfied

B

A

B

A

CMPRESPA863

RESPA: Required Affiliate Business Disclosure missing

No

Affiliated Business Disclosure/FACTS missing in file.

08/28/26 Client provided a signed LOE from Lender stating they do not have any affiliated business arrangements related to mortgage loans.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- XXX Comments:  Post Close Assets are $ XXX or XXX months PITIAGuidelines require 6 months or $ XXX X XXX = $ XXX + XXX Months for Additional REO or ( $ XXX X  XXX = $ XXX)

 

CFCFS2854: Significant time in profession

- XXX Comments:  Borrower has XXX Years in Current Profession

 

CFCFS2860: Good credit history

- XXX Comments:  Borrower Has history of good credit with 0 Late Payments > XXX Months

 

409061935

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID5293

TRID  Not all required seller-paid fees were disclosed on the CD

No

Not all required seller-paid fees were disclosed on the final CD. Seller's CD in file and able to trace all fees.

(No Data)

Exception is information and is satisfied to 1/A

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  XXX mid score > min required of XXX.

 

CFCFS1742: Consumer credit history exceeds guidelines

- XXX Comments:  Borrowers have XXX for XXX months.

 

CFCFS5269: Minimal use of credit

- XXX Comments:  Minimal usage of available revolving credit lines @ XXX%

 

409061945

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID5293

TRID  Not all required seller-paid fees were disclosed on the CD

No

Seller fees reflected on Seller CD but not included on Borrower Final CD.

(No Data)

Conclusion-Exception Satisfied. Seller fees have been sourced on the Seller CD.

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  High Credit XXX Guidelines allow XXX

 

CFCFS1731: Verified cash reserves exceed guidelines

- XXX Comments:  Post Close Assets are $ XXX or XXX months PITIAGuidelines require XXX months or $ XXX X 12 = $ XXX+ XXX Months for Additional REO or ( $ XXX X 3 = $ XXX )

 

CFCFS2854: Significant time in profession

- XXX Comments:  Borrower has XXX Years in Current Profession

 

409061956

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1734: Borrower has significant time at current job

- XXX Comments:  Borrower has stable employment with XXX years at current job.

 

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  XXX  qualifying score exceeds guide lines.

 

409061968

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

Finance Charge Tolerance

Waived

C

B

C

B

CMPFINT106

Finance charge understated by more than $100 (Pmt Stream)

No

 Finance Charge is understated by $XXX  due to Title Closing fee $XXX not included in calculation. Per Mavent in file, fee is included, however final CD XXX  doesn't' reflect the fee being included in Loan Calculation amounts. Condition is pending receiving a copy of refund for $XXX  LOE to borrower, corrected PCD and proof of shipping with tracking information.

08/21/2026 Client provided PCCD 8/19 with refund, copy of monies request, LOE and shipping label in created status. Condition remains.  Finance charge must be cured via refund to the Borrower.  Principal Reduction is not allowed. Provide a copy of the check for the cure and evidence all delivered to Borrower. 09/02/26 Client provided an approved exception for the missing refund check copy. Delivery of package confirmed. Manual Compliance Review.

Final Grade B.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  XXX  credit score exceed guideline minimum of XXX

 

CFCFS1744: DTI below guideline requirement

- XXX Comments:  XXX % DTI is below guideline maximum of XXX %

 

CFCFS1737: LTV below guideline requirements

- XXX Comments:  XXX % LTV is below guideline maximum of XXX %

 

409061968

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

Finance Charge Tolerance

Waived

C

B

C

B

CMPFINT4372

TILA/TRID-Disclosed Amount Financed is higher than XXX's calculated Amount Financed

No

Finance Charge is understated by $XXX  due to Title Closing fee $XXX  not included in calculation. Per XXX in file, fee is included, however final CD XXX  doesn't' reflect the fee being included in Loan Calculation amounts. Condition is pending receiving a copy of refund for $XXX  LOE to borrower, corrected PCD and proof of shipping with tracking information.

08/21/2026 Client provided PCCD 8/19 with refund, copy of monies request, LOE and shipping label in created status. Condition remains.  Finance charge must be cured via refund to the Borrower.  Principal Reduction is not allowed. Provide a copy of the check for the cure and evidence all delivered to Borrower. 09/02/26 Client provided an approved exception for the missing refund check copy. Delivery of package confirmed. Manual Compliance Review.

Final Grade B.

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  XXX  credit score exceed guideline minimum of XXX

 

CFCFS1744: DTI below guideline requirement

- XXX Comments:  XXX % DTI is below guideline maximum of XXX %

 

CFCFS1737: LTV below guideline requirements

- XXX Comments:  XXX % LTV is below guideline maximum of XXX %

 

409061968

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID5293

TRID  Not all required seller-paid fees were disclosed on the CD

No

Not all required seller-paid fees were disclosed on the final CD. Seller's CD in file and able to trace all fees.

(No Data)

Exception is information and is satisfied to 1/A

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  XXX  credit score exceed guideline minimum of XXX

 

CFCFS1744: DTI below guideline requirement

- XXX Comments:  XXX % DTI is below guideline maximum of XXX %

 

CFCFS1737: LTV below guideline requirements

- XXX Comments:  XXX % LTV is below guideline maximum of XXX %

 

409061973

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

D

B

D

B

A

A

D

A

D

B

D

B

A

A

D

A

Compliance

Ability to Repay/Qualified Mortgage

Satisfied

D

A

D

A

CMPATRQM3220

TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; the loan file is missing documents to complete the ATR/QM review and render an accurate ATR/QM status.

No

Loan subject to Ability to Repay/Qualified Mortgage rule; the loan file is missing documents to complete the ATR/QM review and render an accurate ATR/QM status. Missing REO documentation

9.2.2026 Client provided XXX with MLS # listing for departure home: XXX and provided mtg statement verifying 1st lien escrowed mtg payment of $XXX (however also appears to be a 2nd lien on this property), and provided appraisal for departure home valued at $XXX dated XXX with supporting PUD HOA of $XXX however all applicable documentation was not provided, partially.  Initial condition remains for all applicable documentation for each requested property. Note: upon receipt of all applicable for departure home, review to guidelines for omission of PITIA (if applicable), appears departure having no contract but being listed, follow guidelines for No contract and provided all applicable documentation for having no contract. 9.8.2026 Client provided taxes/hoa/HOI for applicable properties along with property profile for: XXX and XXX supporting amount used on Final 1003 (pg 725) and regarding departure home, still missing (a). under what option is being used for departure PITIA to be omitted and (b). missing 2nd lien documentation including monthly amount reflected on REO upon receipt, review of departure home PITI to be reviewed to support all required documentation have been provided to omit9/11 Client provided listing and PITI for 2nd loan

Satisfied

(No Data)

Not Applicable

CFCFS1739: Postive mortgage payment history

- XXX Comments:  Borrowers have XXX months XXX on current mortgage

 

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  XXX credit score

 

409061973

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

D

B

D

B

A

A

D

A

D

B

D

B

A

A

D

A

Credit

DTI

Waived

D

B

D

B

CRDDTI2540

Missing verification of some or all components of non-subject PITI

No

Provide Taxes, Insurance/HOA for the following:XXX ($XXX/month per Worksheet)XXX ($XXX/month per Worksheet)XXX ($XXX/month per Worksheet)Provide documentation for the following on XXX:1st mortgage verifying 1st mortgage is escrowed.Per 1003 XXX is Pending Sale.  If Under Contract provide the following:A copy of an executed sales contract for the property pending sale and confirmation financing contingencies have been cleared/satisfied. The pending sale transaction must be arms length. The closing date for the departure residence must be within thirty (30) days of the subject transaction Note date.If Not Under Contract provide the following:No contract required for departure residence. Departure residence may be listed for sale or intent to list for sale. Signed letter of intent from borrower indicating they intend to list the departure residence for sale within ninety (90) days of closing on subject transaction. If listed for sale, provide copy of current listing. Equity in the departure residence must be documented with a 2055 exterior appraisal or full appraisal dated within XXX (XXX) months of subject transaction Note date. Departure residence must have a minimum of XXX% equity after deduction of outstanding liens to exclude the payment from the DTI. If less than XXX% equity, the full payment must be included in the DTI. The lower of the appraised value or current listing (if listed) should be used to determine XXX% equity. Required reserves for the departure residence are based on the marketing time indicated by the departure residence appraisal:? If appraisal indicates marketing time of XXX (XXX) months or less = XXX months PITIA.? If departure residence has been on the market >XXX months = XXX months PITIA.? If appraisal indicates marketing time over XXX (XXX) months = XXX months PITIA. Maximum LTV/CLTV/HCLTV on the subject transaction is XXX%

9.2.2026 Client provided XXX with MLS # listing for departure home: XXX and provided mtg statement verifying 1st lien escrowed mtg payment of $XXX (however also appears to be a 2nd lien on this property), and provided appraisal for departure home valued at $XXX dated XXX with supporting PUD HOA of $XXX however all applicable documentation was not provided, partially.  Initial condition remains for all applicable documentation for each requested property. Note: upon receipt of all applicable for departure home, review to guidelines for omission of PITIA (if applicable), appears departure having no contract but being listed, follow guidelines for No contract and provided all applicable documentation for having no contract. 9.8.2026 Client provided taxes/hoa/HOI for applicable properties along with property profile for: XXX and XXX supporting amount used on Final 1003 (pg 725) and regarding departure home, still missing (a). under what option is being used for departure PITIA to be omitted and (b). missing 2nd lien documentation including monthly amount reflected on REO upon receipt, review of departure home PITI to be reviewed to support all required documentation have been provided to omit.9.11.2026 Client provided an unsigned CD, prior update remains for (a) and (b).  9/11 client asked for review; On review CD is not signed However it is marked final and is accepted; Client provided approved exception to allow the file without Borrowers intent to  list,  evidence of equity to exclude PITI was provided

Upon review by XXX XXX; Condition is deemed Non Material; Client credit score exceeds GLs

(No Data)

Not Applicable

CFCFS1739: Postive mortgage payment history

- XXX Comments:  Borrowers have XXX months XXX on current mortgage

 

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  XXX credit score

 

409062057

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Credit

Legal Documents

Satisfied

D

A

D

A

CRDLGL2422

Missing Purchase Contract

No

File is missing fully executed purchase contract for subject transaction.

XXX Client provided executed purchase contract supporting $XXX

Condition satisfied

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement

- XXX Comments:  XXX % DTI < program maximum of XXX %.

 

CFCFS1737: LTV below guideline requirements

- XXX Comments:  XXX % LTV < program maximum of XXX %.

 

409062059

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID5293

TRID  Not all required seller-paid fees were disclosed on the CD

No

Seller-Paid fees indicated on Seller CD are not disclosed on page 2 of the Borrowers Final CD.

(No Data)

Condition satisfied. File contains the Seller CD and Final Settlement Statement reflecting the Seller paid fees. Charges were included in the fee testing with no violation.

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  XXX mid score > min required of XXX

 

CFCFS1731: Verified cash reserves exceed guidelines

- XXX Comments:  Post close assets are $XXX or XXX months PITI reserves, the guidelines require XXX months PITI reserves.

 

409062068

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID5293

TRID  Not all required seller-paid fees were disclosed on the CD

No

Not all required seller-paid fees were disclosed on the final CD. Seller CD t in file and able to trace all fees.

(No Data)

Exception is information and is satisfied to 1/A

Numeric

Not Applicable

CFCFS5269: Minimal use of credit

- XXX Comments:  Minimal usage of available revolving credit lines @ XXX %

 

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  XXX mid score > min required of XXX

 

CFCFS1731: Verified cash reserves exceed guidelines

- XXX Comments:  Post closing assets XXX  > min required of XXX.

 

409062073

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1731: Verified cash reserves exceed guidelines

- XXX Comments:  Post closing assets $XXX / XXX months PITI > min required reserves of XXX  mo's for the subject, $XXX  + XXX  mo's for other REO $XXX

 

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  XXX mid score > min required of XXX

 

409062074

XXXXXX

XXXXXX

QM: Safe Harbor (APOR)

QM: Safe Harbor (APOR)

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1741: Credit score exceeds guidelines

- XXX Comments:  XXX  qualifying score exceeds guide lines.

 

CFCFS2854: Significant time in profession

- XXX Comments:  Borrower has been in the same profession for XXX  years.