Exhibit 99.1 - Schedule 2
| ALT Loan ID | Seller | Loan ID | Seller Loan ID | Investor Loan ID | Queue | Created Date | Last Modified Date | Finding Status | Event Level | Finding Category | Finding Sub Category | Finding Name | Reviewer Comments | Seller Comments | Finding Resolution | Finding Document | Reviewer Comp Factors | Originator Comp Factors | State | Occupancy | Loan Purpose | Refinance Purpose | Unique Finding ID | Acknowledged / Waived By | Waiver in File? |
| AHMCCNF2000101 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Property | Value | Missing Post Close Valuation - 2 | Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX Open-The qualifying property value is $X,XXX.XX compared to the AVM dated XX/XX/XXXX with a value of $X,XXX.XX which is greater than 10% at 12.38% difference. A valid secondary valuation supporting the origination appraisal value is not present. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Refinance | Limited Cash Out - <2% of Loan Amount or $2000 | XXXXXXXXX | N/A | N/A | ||||||
| AHMCCNF2000107 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Property | Property | Property in Disaster Area – Property located in a FEMA declared disaster area. Inspection post incident date was not provided | Resolved-No Damage on to property - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Uploaded Inspection. No damage to property - Buyer-XX/XX/XXXX Open-Subject property is in recent disaster area and there is no post incident inspection - Due Diligence Vendor-XX/XX/XXXX |
Resolved-No Damage on to property - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Disaster Inspection.pdf | XX | Primary Residence | Refinance | Cash Out - Other | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000107 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Insurance | Hazard Insurance Effective Date is after the Disbursement Date | Resolved-Hazard Insurance Effective Date of XX/XX/XXXX is prior to or equal to the Disbursement Date of XX/XX/XXXX, Condition resolved. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Uploaded HOI. - Buyer-XX/XX/XXXX Counter-Received declaration page from a different insurance company than the hazard insurance policy in file (pg# 444). Kindly provide a valid hazard insurance policy document covering the disbursement date. Condition remains. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Buyer-XX/XX/XXXX Open-Hazard Insurance Effective Date of XX/XX/XXXX is after the Disbursement Date of XX/XX/XXXX Hazard Insurance Effective Date is after the Disbursement Date - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Hazard Insurance Effective Date of XX/XX/XXXX is prior to or equal to the Disbursement Date of XX/XX/XXXX, Condition resolved. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.HOI.pdf XXXXX.HOI.pdf |
XX | Primary Residence | Refinance | Cash Out - Other | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000133 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Property | Property | Loan approved with appraisal waiver, PIW grading applies | Acknowledged-Value grade equals B, loan approved with a PIW. - Due Diligence Vendor-XX/XX/XXXX | Acknowledged-Value grade equals B, loan approved with a PIW. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Refinance | Cash Out - Other | XXXXXXXXX | Investor Post-Close | No | ||||||
| AHMCCNF2000133 | XXXXX | XXXXXXXXX | Seller | XX/XX/XXXX | XX/XX/XXXX | Open | 3 - Material | Property | Value | Missing Post Close Valuation - 2 | Open-A valid secondary full appraisal supporting the origination appraisal value is not present. AVM, BPO, and 2055 were all outside of the -10% threshold. - Due Diligence Vendor-XX/XX/XXXX Open-Loan has a PIW, with the qualifying property value being $X,XXX.XX compared to the AVM dated XX/XX/XXXX with a value of $X,XXX.XX which is exceed -10%, at a -15.03% difference. A BPO was ordered to confirm the value. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Refinance | Cash Out - Other | XXXXXXXXX | N/A | N/A | |||||||
| AHMCCNF2000003 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Mavent | AbilityToRepay: QMPointsAndFees | Resolved-Provided Rate sheet, Finding Resolved. - Due Diligence Vendor-XX/XX/XXXX Resolved- - Due Diligence Vendor-XX/XX/XXXX Resolved- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Escalated- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open-Provide rate sheet, Undiscount Rate/PAR, or some form of proof that verifies the amount the borrower paid in points directly led to a discount in rate. Compliance will be re-reviewed upon receipt. - Due Diligence Vendor-XX/XX/XXXX Open-The loan fees $X,XXX.XX exceed the (QM) (Note Amount >=$X,XXX.XX) fee limit, which is 3% of the Total Loan Amount $X,XXX.XX, the difference is $X,XXX.XX. (12 CFR 1026.43(e)(3). - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Provided Rate sheet, Finding Resolved. - Due Diligence Vendor-XX/XX/XXXX Resolved- - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Refinance | Limited Cash Out - <2% of Loan Amount or $2000 | XXXXXXXXX | N/A | N/A | ||||||
| AHMCCNF2000003 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Missing Doc | The Note is Missing | Resolved-Lender provided modification. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX Resolved-The Note is Present - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Hello. This is a One-time close construction to perm loan. Uploaded original note and modification agreement. Thank You. - Seller-XX/XX/XXXX Open-The Note is Missing Missing note for Date XX/XX/XXXX. A modification agreement cannot be used to update the original Note. - Due Diligence Vendor-XX/XX/XXXX |
Ready for Review-Document Uploaded. Hello. This is a One-time close construction to perm loan. Uploaded original note and modification agreement. Thank You. - Seller-XX/XX/XXXX |
Resolved-Lender provided modification. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX Resolved-The Note is Present - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Note.pdf | XX | Primary Residence | Refinance | Limited Cash Out - <2% of Loan Amount or $2000 | XXXXXXXXX | N/A | N/A | ||||
| AHMCCNF2000003 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Compliance | Missing Doc | ECOA: Most Recent Primary Appraisal Not Provided to Applicant | Acknowledged-ECOA Non-Compliant: Most Recent Primary Appraisal Not Provided to Applicant. - Due Diligence Vendor-XX/XX/XXXX | Acknowledged-ECOA Non-Compliant: Most Recent Primary Appraisal Not Provided to Applicant. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Refinance | Limited Cash Out - <2% of Loan Amount or $2000 | XXXXXXXXX | Investor Post-Close | No | ||||||
| AHMCCNF2000003 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Property | Property | Property in Disaster Area – Property located in a FEMA declared disaster area. Inspection post incident date was not provided | Resolved-Lender provided PDI. No damage. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX Open-Subject property is in recent disaster area and there is no post incident inspection - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Lender provided PDI. No damage. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Refinance | Limited Cash Out - <2% of Loan Amount or $2000 | XXXXXXXXX | N/A | N/A | ||||||
| AHMCCNF2000009 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Missing Doc | Borrower 1 Executed 4506-T Missing | Resolved-Received form 8821 Tax information Authorization along with B1 authorization in favor of the lender, condition resolved. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Executed IRS form 8821 and XXXXX Consent Form -1177 for both borrowers (XXXXX and XXXXX) uploaded. - Buyer-XX/XX/XXXX Open-Borrower 1 Executed 4506-T Missing 4506-C is missing - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Received form 8821 Tax information Authorization along with B1 authorization in favor of the lender, condition resolved. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.b1 b2 IRS 8821.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000010 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Compliance | Missing Doc | ECOA: Most Recent Primary Appraisal Not Provided to Applicant | Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Counter-There are 2 appraisals in the file. The appraiser signed one of the appraisals XX/XX/XXXX and the other XX/XX/XXXX. Provide verification that the appraisal signed XX/XX/XXXX was provided to the borrower. Condition remains. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Hello, the appraisal was submitted through UCDP on XX/XX/XXXX and the appraisal was sent to the borrower on XX/XX/XXXX. There does not appear to be an appraisal dated XX/XX/XXXX. - Buyer-XX/XX/XXXX Open-ECOA Non-Compliant: Most Recent Primary Appraisal Not Provided to Applicant. ECOA: Most Recent Primary Appraisal Date of <<XX/XX/XXXX>> is after the Primary Appraisal Delivery Date of <<XX/XX/XXXX>>. - Due Diligence Vendor-XX/XX/XXXX |
Acknowledged- - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.UCDP Submission Summary Report.pdf XXXXX.Appraisal Delivery Confirmation.pdf |
XX | Primary Residence | Refinance | Cash Out - Other | XXXXXXXXX | Investor Post-Close | No | |||||
| AHMCCNF2000018 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX | Acknowledged-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Refinance | Cash Out - Debt Consolidation | XXXXXXXXX | Investor Post-Close | No | ||||||
| AHMCCNF2000022 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Property | Property | Loan approved with appraisal waiver, PIW grading applies | Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Open-Value grade equals B, loan approved with a PIW. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | |||||||
| AHMCCNF2000022 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Property | Value | Secondary valuation supports within 10%, PIW grading applies | Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Open-Secondary valuation support within 10%, PIW in file for a GSE loan. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | |||||||
| AHMCCNF2000024 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX | Acknowledged-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Refinance | Cash Out - Other | XXXXXXXXX | Investor Post-Close | No | ||||||
| AHMCCNF2000031 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Property | Value | Secondary valuation supports within 10%, PIW grading applies | Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Open-Secondary valuation support within 10%, PIW in file for a GSE loan. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | |||||||
| AHMCCNF2000031 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Property | Property | Loan approved with appraisal waiver, PIW grading applies | Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Open-Value grade equals B, loan approved with a PIW. loan approved with a PIW - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | |||||||
| AHMCCNF2000043 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX | Acknowledged-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | ||||||
| AHMCCNF2000050 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Property | Value | Missing Post Close Valuation - 2 | Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX Open-The qualifying property value is $X,XXX.XX compared to the AVM dated XX/XX/XXXX with a value of $X,XXX.XX which is greater than 10% with a difference of 10.57%. A valid secondary valuation supporting the origination appraisal value is not present. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | ||||||
| AHMCCNF2000053 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | QM-ATR | ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements | Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Please see uploaded AUS (LPA) message FEI0226 along with XXXXX report #XXXXXXXXX which satisfies the income required documentation. - Buyer-XX/XX/XXXX Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements Unable to verify the income trend and employment history due to W2 is missing in file. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | ||||||
| AHMCCNF2000067 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Tolerance:Disclosure | Federal - Homeownership Counseling Disclosure Delivery | Resolved-Received verification the lender is closed on Sat. - Due Diligence Vendor-XX/XX/XXXX Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Hello, please see the lender attestation confirming they are not open on Saturdays, and Saturday should not be considered a business day when determining delivery timelines. - Buyer-XX/XX/XXXX Open-The Homeownership Counseling Organization Disclosure Sent Date (XX/XX/XXXX) is more than 3 business days from the Application Date (XX/XX/XXXX). Three business days from the Application Date is (XX/XX/XXXX). Under 12 CFR 1024.20, not later than three business days after receipt of an application, or information sufficient to complete an application, the lender must provide the applicant with a clear and conspicuous written list of homeownership counseling organizations that provide relevant counseling services in the loan applicant's location. (12 CFR 1024.20) Provide confirmation XXXXX is closed on Saturday. Compliance will be rerun upon receipt. Additional conditions may apply upon receipt. - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Received verification the lender is closed on Sat. - Due Diligence Vendor-XX/XX/XXXX Acknowledged- - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.XXXXX.Lender Attestation.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000067 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Tolerance:Disclosure | Federal - Loan Estimate Mailed/Delivered Within Three Business Days of Application | Resolved-Received verification the Lender is closed on Sat. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Hello, please see the lender attestation confirming they are not open on Saturdays, and Saturday should not be considered a business day when determining delivery timelines. - Buyer-XX/XX/XXXX Open-The Initial Disclosure Date (XX/XX/XXXX) is more than 3 business days from the Application Date (XX/XX/XXXX). Three business days from the Application Date is (XX/XX/XXXX). Under Regulation Z, a Loan Estimate must be delivered or placed in the mail not later than the third business day after receiving a consumer's application.(12 CFR 1026.19(e)(1)(iii)) Provide confirmation XXXXX is closed on Saturday. Compliance will be rerun upon receipt. Additional conditions may apply upon receipt. - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Received verification the Lender is closed on Sat. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | ||||||
| AHMCCNF2000068 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Property | Value | Missing Valuation Review Product - 1 | Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX Open-A valid secondary valuation supporting the origination appraisal value is not present. Collateral Underwriter score is 2.6 and LCA did not return a score and does not reflect loan is eligible for Rep and Warrant Relief. File is missing a valid secondary valuation product. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | ||||||
| AHMCCNF2000068 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Property | Value | Missing Post Close Valuation - 1 | Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX Open-AVM was a no-hit, CDA ordered to confirm valuation. - Due Diligence Vendor-XX/XX/XXXX Open-A valid secondary valuation supporting the origination appraisal value is not present. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | ||||||
| AHMCCNF2000073 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Missing Doc | Required Documentation is Missing | Resolved-Received updated / corrected AUS, condition resolved. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Updated LP removing the additional housing payment received. Uploaded - Seller-XX/XX/XXXX Counter-Received updated 1008 approval, however as subject is an AUS LP accept transaction an updated / corrected AUS is required. Condition remains. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Updated 1008 excluding the additional/duplicated $X,XXX.XX housing payment received. Uploaded - Buyer-XX/XX/XXXX Counter-The 1008 approval provided is already available in file however AUS LP and form 1008 reflects $X,XXX.XX in total monthly payment with a DTI of 14.62%. Copy of the mortgage statement for the second home (XXXXX) reflects $X,XXX.XX in monthly PITIA. Review of the UW Transmittal 1008 reflects $X,XXX.XX was included in housing payment and also included in liability. Total monthly debts of $X,XXX.XX can be verified as per credit report. Subject DTI 14.62% is due $X,XXX.XX considered twice, kindly provide corrected 1008 approval and AUS. Condition remains. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. LP and form 1008/1077 reflects $X,XXX.XX in total monthly payment with a DTI of 14.62%. Copy of the mortgage statement for the second home (XXXXX) reflects $X,XXX.XX in monthly PITIA. Review of the UW Transmittal (1008/1077) reflects $X,XXX.XX was included in housing payment and appears that it was also included in liability. The credit report and loan application reflect monthly debts of $X,XXX.XX for both borrowers. Liability calculation of $X,XXX.XX - $X,XXX.XX resulting in a difference of $X,XXX.XX (appears to be a typo). If the additional $X,XXX.XX debt is excluded, it will result in decreased DTI from 14.62% to 9.24%. Transmittal and mortgage statement including the HOA fee uploaded - Buyer-XX/XX/XXXX Open-B2 borrower is non-Occupant borrower, as per final 1003 showing as borrower current owning a property and mention as departing into second home. Lender included $X,XXX.XX in co-mortgage payment and second home monthly payment included in liabilities. Please provide the sufficient documentation for the lender included Co-Mort payment $X,XXX.XX. If not second home payment included as co-mort & DTI will be varies. Additional Conditions may apply - Due Diligence Vendor-XX/XX/XXXX |
Ready for Review-Document Uploaded. Updated LP removing the additional housing payment received. Uploaded - Seller-XX/XX/XXXX |
Resolved-Received updated / corrected AUS, condition resolved. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.debt calc.pdf XXXXX.updated 1008.pdf XXXXX.updated LP.pdf |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | ||||
| AHMCCNF2000073 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | QM-ATR | ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements | Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Updated 1008 excluding the additional/duplicated $X,XXX.XX housing payment received. Uploaded - Buyer-XX/XX/XXXX Counter-The 1008 approval provided is already available in file however AUS LP and form 1008 reflects $X,XXX.XX in total monthly payment with a DTI of 14.62%. Copy of the mortgage statement for the second home (XXXXX) reflects $X,XXX.XX in monthly PITIA. Review of the UW Transmittal 1008 reflects $X,XXX.XX was included in housing payment and also included in liability. Total monthly debts of $X,XXX.XX can be verified as per credit report. Subject DTI 14.62% is due $X,XXX.XX considered twice, kindly provide corrected 1008 approval and AUS. Condition remains. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. LP and form 1008/1077 reflects $X,XXX.XX in total monthly payment with a DTI of 14.62%. Copy of the mortgage statement for the second home (XXXXX) reflects $X,XXX.XX in monthly PITIA. Review of the UW Transmittal (1008/1077) reflects $X,XXX.XX was included in housing payment and appears that it was also included in liability. The credit report and loan application reflect monthly debts of $X,XXX.XX for both borrowers. Liability calculation of $X,XXX.XX - $X,XXX.XX resulting in a difference of $X,XXX.XX (appears to be a typo). If the additional $X,XXX.XX debt is excluded, it will result in decreased DTI from 14.62% to 9.24%. Transmittal and mortgage statement including the HOA fee uploaded - Buyer-XX/XX/XXXX Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements B2 borrower is Non-Occupant borrower, as per final 1003 showing as borrower current owning a property and mention as departing in to second home. Lender included $X,XXX.XX in co-mortgage payment and second home monthly payment included in liabilities. Please provide the sufficient documentation for the lender included Co-Mort payment $X,XXX.XX. If not second home payment included as co-mort & DTI will be varies. Additional Conditions may apply - Due Diligence Vendor-XX/XX/XXXX |
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.debt calc.pdf XXXXX.updated 1008.pdf |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000081 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Property | Value | Missing Post Close Valuation - 1 | Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX Open-A valid secondary valuation supporting the origination appraisal value is not present. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | ||||||
| AHMCCNF2000083 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Disclosure | TX 50(a)(6) Violation: Acknowledgment of Fair Market Value disclosure is missing | Resolved-Acknowledgment of Fair Market Value disclosure provided. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Hello, please see the attached TX Fair Market Value Disclosure. - Buyer-XX/XX/XXXX Open-TX 50(a)(6) Violation: Acknowledgment of Fair Market Value disclosure is missing. Provide a legible copy of the fully executed acknowledgment of fair market value disclosure. Compliance will be rerun upon receipt. Additional conditions may apply. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Acknowledgment of Fair Market Value disclosure provided. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.TX FMV Disclosure.pdf | XX | Primary Residence | Refinance | Cash Out - Other | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000096 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX | Acknowledged-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | ||||||
| AHMCCNF2000102 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Disclosure | TX 50(a)(6) Violation: Acknowledgment of Fair Market Value disclosure is missing | Resolved-Acknowledgment of Fair Market Value disclosure provided. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. XX/XX/XXXX: The signed Fair Market Value disclosure has been uploaded for your review. - Buyer-XX/XX/XXXX Open-TX 50(a)(6) Violation: Acknowledgment of Fair Market Value disclosure is missing. Acknowledgment of Fair Market Value disclosure is missing. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Acknowledgment of Fair Market Value disclosure provided. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Acknowledgment of Fair Market.pdf | XX | Primary Residence | Refinance | Cash Out - Other | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000105 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Property | Property | Loan approved with appraisal waiver, PIW grading applies | Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Open-Value grade equals B, loan approved with a PIW. Loan approved with PIW - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | |||||||
| AHMCCNF2000105 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Property | Value | Secondary valuation supports within 10%, PIW grading applies | Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Open-Secondary valuation support within 10%, PIW in file for a GSE loan. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | |||||||
| AHMCCNF2000111 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Missing Doc | The Note is Missing | Resolved-The Note is Present. Modification agreement provided. - Due Diligence Vendor-XX/XX/XXXX Escalated-Escalated for management review. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. One-time close construction to perm loan. Uploaded original note and modification agreement. - Buyer-XX/XX/XXXX Open-The Note is Missing XX/XX/XXXX - Due Diligence Vendor-XX/XX/XXXX |
Resolved-The Note is Present. Modification agreement provided. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Note.pdf | XX | Primary Residence | Refinance | Limited Cash Out - <2% of Loan Amount or $2000 | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000114 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Property | Value | Secondary valuation supports within 10%, PIW grading applies | Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Open-Secondary valuation support within 10%, PIW in file for a GSE loan. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | |||||||
| AHMCCNF2000114 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Property | Property | Loan approved with appraisal waiver, PIW grading applies | Acknowledged-Value grade equals B, loan approved with a PIW. - Due Diligence Vendor-XX/XX/XXXX | Acknowledged-Value grade equals B, loan approved with a PIW. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | ||||||
| AHMCCNF2000116 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Property | Property | Loan approved with appraisal waiver, PIW grading applies | Acknowledged-Acknowledged - Due Diligence Vendor-XX/XX/XXXX Open-Value grade equals B, loan approved with a PIW. This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX |
Acknowledged-Acknowledged - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | ||||||
| AHMCCNF2000116 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Property | Value | Missing Post Close Valuation - 1 | Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX Open-A valid secondary valuation supporting the origination appraisal value is not present. A valid secondary valuation supporting the origination appraisal value is required, as file is PIW - Due Diligence Vendor-XX/XX/XXXX |
Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | ||||||
| AHMCCNF2000126 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX | Acknowledged-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | ||||||
| AHMCCNF2000127 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Compliance | Disclosure | ECOA: Appraisal Not Provided to Applicant | Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Hello, please see the attached delivery confirmation. - Buyer-XX/XX/XXXX Open-ECOA Non-Compliant: Appraisal present; no evidence appraisal was provided to applicant. ECOA: Appraisal Not Provided to Applicant - Delivery proof is missing file. - Due Diligence Vendor-XX/XX/XXXX |
Acknowledged- - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Report_Delivery_Confirmation.pdf | XX | Primary Residence | Refinance | Cash Out - Home Improvement/Reno | XXXXXXXXX | Investor Post-Close | No | |||||
| AHMCCNF2000155 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Property | Value | Missing Post Close Valuation - 2 | Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX Open-A valid secondary valuation supporting the origination appraisal value is not present. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX |
Valuations to be structures as such: BPO - Review Product 1 CU - Review Product 2 AVM - PC Review Product 1 |
XX | Primary Residence | Refinance | Cash Out - Other | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000160 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Tolerance:Disclosure | Federal - Loan Estimate Mailed/Delivered Within Three Business Days of Application | Resolved-Received verification the lender is closed on Sat. - Due Diligence Vendor-XX/XX/XXXX Ready for Review- - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Hello, please see the email from the seller affirming the lender is not open on Saturdays. Saturday should not be included as a business day, therefore the disclosure date of XX/XX/XXXX is within three days of XX/XX/XXXX. - Seller-XX/XX/XXXX Open-The Initial Disclosure Date (XX/XX/XXXX) is more than 3 business days from the Application Date (XX/XX/XXXX). Three business days from the Application Date is (XX/XX/XXXX). Under Regulation Z, a Loan Estimate must be delivered or placed in the mail not later than the third business day after receiving a consumer's application.(12 CFR 1026.19(e)(1)(iii)) The Initial Disclosure Date (XX/XX/XXXX) is more than 3 business days from the Application Date (XX/XX/XXXX). Three business days from the Application Date is (XX/XX/XXXX). Under Regulation Z, a Loan Estimate must be delivered or placed in the mail not later than the third business day after receiving a consumer's application.(12 CFR 1026.19(e)(1)(iii)) - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX |
Ready for Review-Document Uploaded. Hello, please see the email from the seller affirming the lender is not open on Saturdays. Saturday should not be included as a business day, therefore the disclosure date of XX/XX/XXXX is within three days of XX/XX/XXXX. - Seller-XX/XX/XXXX |
Resolved-Received verification the lender is closed on Sat. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Lender LOX.pdf | XX | Primary Residence | Refinance | Cash Out - Other | XXXXXXXXX | N/A | N/A | ||||
| AHMCCNF2000160 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Tolerance:Disclosure | Federal - Homeownership Counseling Disclosure Delivery | Resolved-Received verification the lender is closed on Sat. - Due Diligence Vendor-XX/XX/XXXX Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Hello, please see the email from the seller affirming the lender is not open on Saturdays. Saturday should not be included as a business day, therefore the disclosure date of XX/XX/XXXX is within three days of XX/XX/XXXX. - Buyer-XX/XX/XXXX Open-The Homeownership Counseling Organization Disclosure Sent Date (XX/XX/XXXX) is more than 3 business days from the Application Date (XX/XX/XXXX). Three business days from the Application Date is (XX/XX/XXXX). Under 12 CFR 1024.20, not later than three business days after receipt of an application, or information sufficient to complete an application, the lender must provide the applicant with a clear and conspicuous written list of homeownership counseling organizations that provide relevant counseling services in the loan applicant's location. (12 CFR 1024.20) The Homeownership Counseling Organization Disclosure Sent Date (XX/XX/XXXX) is more than 3 business days from the Application Date (XX/XX/XXXX). Three business days from the Application Date is (XX/XX/XXXX). Under 12 CFR 1024.20, not later than three business days after receipt of an application, or information sufficient to complete an application, the lender must provide the applicant with a clear and conspicuous written list of homeownership counseling organizations that provide relevant counseling services in the loan applicant's location. (12 CFR 1024.20 - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Received verification the lender is closed on Sat. - Due Diligence Vendor-XX/XX/XXXX Acknowledged- - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Lender LOX.pdf | XX | Primary Residence | Refinance | Cash Out - Other | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000160 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Compliance | Disclosure | ECOA: Appraisal Disclosure Not Provided Timely | Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Hello, please see the email from the seller affirming the lender is not open on Saturdays. Saturday should not be included as a business day, therefore the disclosure date of XX/XX/XXXX is within three days of XX/XX/XXXX. - Seller-XX/XX/XXXX Open-ECOA Non-Compliant: Appraisal Disclosure Not Provided Timely. ECOA: Appraisal Disclosure Date <<Appraisal_Disclosure_Date>> is not within three business days of Application Date <<Application_Received_By_Creditor_Date>> - Due Diligence Vendor-XX/XX/XXXX |
Ready for Review-Document Uploaded. Hello, please see the email from the seller affirming the lender is not open on Saturdays. Saturday should not be included as a business day, therefore the disclosure date of XX/XX/XXXX is within three days of XX/XX/XXXX. - Seller-XX/XX/XXXX |
XXXXX.Lender LOX.pdf | XX | Primary Residence | Refinance | Cash Out - Other | XXXXXXXXX | Investor Post-Close | No | |||||
| AHMCCNF2000163 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Disclosure | TX 50(a)(6) Violation: Acknowledgment of Fair Market Value disclosure is missing | Resolved-Received a lender signed document. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. XX/XX/XXXX(XXXXX); The Lender Signed TX 50(a)(6) Acknowledgment of Fair Market has been uploaded for your review. - Buyer-XX/XX/XXXX Counter-Please have the lender sign the document. Provide the signed document for review along with evidence that it was sent to the borrower. Condition remains. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Per Loan Originator: "The closers name in the “signed by” box is auto populated." Can the finding be waived/ downgraded? - Buyer-XX/XX/XXXX Counter-Received a copy of the Fair Market value disclosure. Provide verification that the required lender signature is an e-signature. Condition remains. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. XX/XX/XXXX(XXXXX): The TX 50(a)(6) Acknowledgment of Fair Market has been uploaded for your review. - Buyer-XX/XX/XXXX Open-TX 50(a)(6) Violation: Acknowledgment of Fair Market Value disclosure is missing. Provide a legible copy of the fully executed acknowledgment of fair market value disclosure. Additional conditions may apply upon receipt. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Received a lender signed document. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Fair Market Value.pdf XXXXX.Lender Signed Fair Market Value.pdf |
XX | Primary Residence | Refinance | Cash Out - Other | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000174 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Compliance | Missing Doc | ECOA: Most Recent Primary Appraisal Not Provided to Applicant | Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Counter-Received verification the appraisal was provided XX/XX/XXXX which is after the closing date of XX/XX/XXXX. Provide verification that the XX/XX/XXXX appraisal was provided 3 days prior to closing. - Due Diligence Vendor-XX/XX/XXXX Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. XX/XX/XXXX: Please see the uploaded Appraisal POD for your review. - Buyer-XX/XX/XXXX Open-ECOA Non-Compliant: Most Recent Primary Appraisal Not Provided to Applicant. ECOA: Most Recent Primary Appraisal Date of XX/XX/XXXX is after the Primary Appraisal Delivery Date of XX/XX/XXXX. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Appraisal POD.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | ||||||
| AHMCCNF2000175 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Property | Property | Loan approved with appraisal waiver, PIW grading applies | Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Open-Value grade equals B, loan approved with a PIW. Loan approved with appraisal waiver - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Refinance | Cash Out - Other | XXXXXXXXX | Investor Post-Close | No | |||||||
| AHMCCNF2000175 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Property | Value | Secondary valuation supports within 10%, PIW grading applies | Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Open-Secondary valuation support within 10%, PIW in file for a GSE loan. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Refinance | Cash Out - Other | XXXXXXXXX | Investor Post-Close | No | |||||||
| AHMCCNF2000181 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Open-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. CU score is > 2.5 - Due Diligence Vendor-XX/XX/XXXX |
Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXXXXXXX | N/A | N/A | ||||||
| AHMCCNF2000181 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Property | Value | Missing Post Close Valuation - 2 | Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX Open-A valid secondary valuation supporting the origination appraisal value is not present. AVM returned value exceeding -10% threshold. CDA ordered to confirm value. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXXXXXXX | N/A | N/A | ||||||
| AHMCCNF2000185 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Property | Value | Missing Valuation Review Product - 1 | Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX Open-AVM was a No-Hit, CDA order to verify appraisal. - Due Diligence Vendor-XX/XX/XXXX Open-A valid secondary valuation supporting the origination appraisal value is not present. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | ||||||
| AHMCCNF2000195 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | ||||||
| AHMCCNF2000196 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Tolerance:Disclosure | Federal - Loan Estimate Mailed/Delivered Within Three Business Days of Application | Resolved-Received verification the lender is closed on Saturdays. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. XX/XX/XXXX: The Lender Attestation indicating the Lender is closed for business on Saturdays has been uploaded for your review. - Seller-XX/XX/XXXX Open-The Initial Disclosure Date (XX/XX/XXXX) is more than 3 business days from the Application Date (XX/XX/XXXX). Three business days from the Application Date is (XX/XX/XXXX). Under Regulation Z, a Loan Estimate must be delivered or placed in the mail not later than the third business day after receiving a consumer's application.(12 CFR 1026.19(e)(1)(iii)) The Initial Disclosure Date (XX/XX/XXXX) is more than 3 business days from the Application Date (XX/XX/XXXX). Three business days from the Application Date is (XX/XX/XXXX). - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX |
Ready for Review-Document Uploaded. XX/XX/XXXX: The Lender Attestation indicating the Lender is closed for business on Saturdays has been uploaded for your review. - Seller-XX/XX/XXXX |
Resolved-Received verification the lender is closed on Saturdays. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Lender Attestation.pdf | XX | Primary Residence | Refinance | Limited Cash Out - <2% of Loan Amount or $2000 | XXXXXXXXX | N/A | N/A | ||||
| AHMCCNF2000196 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Tolerance:Disclosure | Federal - Homeownership Counseling Disclosure Delivery | Resolved-Received verification the lender is closed on Saturdays. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. XX/XX/XXXX: The Lender Attestation indicating the Lender is closed for business on Saturdays has been uploaded for your review. - Buyer-XX/XX/XXXX Open-The Homeownership Counseling Organization Disclosure Sent Date (XX/XX/XXXX) is more than 3 business days from the Application Date (XX/XX/XXXX). Three business days from the Application Date is (XX/XX/XXXX). Under 12 CFR 1024.20, not later than three business days after receipt of an application, or information sufficient to complete an application, the lender must provide the applicant with a clear and conspicuous written list of homeownership counseling organizations that provide relevant counseling services in the loan applicant's location. (12 CFR 1024.20) The Homeownership Counseling Organization Disclosure Sent Date (XX/XX/XXXX) is more than 3 business days from the Application Date (XX/XX/XXXX). Three business days from the Application Date is (XX/XX/XXXX). - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Received verification the lender is closed on Saturdays. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Lender Attestation.pdf | XX | Primary Residence | Refinance | Limited Cash Out - <2% of Loan Amount or $2000 | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000196 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Disclosure | ECOA: Appraisal Disclosure Not Provided Timely | Resolved-Received verification the lender is closed on Saturdays. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX Resolved-ECOA Compliant: Evidence provided Appraisal Disclosure provided timely. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. XX/XX/XXXX: The Lender Attestation indicating the Lender is closed for business on Saturdays has been uploaded for your review. - Seller-XX/XX/XXXX Open-ECOA Non-Compliant: Appraisal Disclosure Not Provided Timely. ECOA: Appraisal Disclosure Date XX/XX/XXXX is not within three business days of Application Date XX/XX/XXXX - Due Diligence Vendor-XX/XX/XXXX |
Ready for Review-Document Uploaded. XX/XX/XXXX: The Lender Attestation indicating the Lender is closed for business on Saturdays has been uploaded for your review. - Seller-XX/XX/XXXX |
Resolved-Received verification the lender is closed on Saturdays. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX Resolved-ECOA Compliant: Evidence provided Appraisal Disclosure provided timely. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Lender Attestation.pdf | XX | Primary Residence | Refinance | Limited Cash Out - <2% of Loan Amount or $2000 | XXXXXXXXX | N/A | N/A | ||||
| AHMCCNF2000197 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Missing Doc | Privacy Notice Required - Missing or Incomplete | Resolved-Received the Privacy Notice. - Due Diligence Vendor-XX/XX/XXXX Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. XX/XX/XXXX(XXXXX): The Privacy Notice has been uploaded for your review. - Buyer-XX/XX/XXXX Open-Privacy Notice Required - Missing or Incomplete. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Received the Privacy Notice. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Privacy Notice.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000199 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Insurance | Hazard Insurance Effective Date is after the Disbursement Date | Resolved-Hazard Insurance Effective Date of XX/XX/XXXX is prior to or equal to the Disbursement Date of XX/XX/XXXX, condition resolved. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Updated HOI reflecting XX/XX/XXXX effective date uploaded. - Buyer-XX/XX/XXXX Open-Hazard Insurance Effective Date of XX/XX/XXXX is after the Disbursement Date of XX/XX/XXXX - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Hazard Insurance Effective Date of XX/XX/XXXX is prior to or equal to the Disbursement Date of XX/XX/XXXX, condition resolved. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.HOI.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000201 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Property | Value | Secondary valuation supports within 10%, PIW grading applies | Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Open-Secondary valuation support within 10%, PIW in file for a GSE loan. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | |||||||
| AHMCCNF2000201 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Property | Property | Loan approved with appraisal waiver, PIW grading applies | Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Open-Value grade equals B, loan approved with a PIW. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | |||||||
| AHMCCNF2000201 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Compliance | Disclosure | ECOA: Appraisal Disclosure Not Provided Timely | Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Hello, the application date is XX/XX/XXXX and the ECOA Appraisal disclosure was provided XX/XX/XXXX per the time stamp at the bottom of the form. The disclosure was provided within 3 days of the application date. - Buyer-XX/XX/XXXX Open-ECOA Non-Compliant: Appraisal Disclosure Not Provided Timely. - Due Diligence Vendor-XX/XX/XXXX |
Acknowledged- - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Notice Of Right To Copy Of Appraisal Report.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | |||||
| AHMCCNF2000205 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Property | Value | Missing Post Close Valuation - 1 | Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX Open-AVM was a No-hit, CDA order to validate the appraisal. - Due Diligence Vendor-XX/XX/XXXX Open-A valid secondary valuation supporting the origination appraisal value is not present. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Refinance | Limited Cash Out - <1% of Loan Amount or $2000 | XXXXXXXXX | N/A | N/A | ||||||
| AHMCCNF2000210 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Missing Doc | RESPA: Toolkit Missing or Incomplete | Resolved-RESPA: Toolkit provided. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. XX/XX/XXXX: Please see uploaded disclosure tracking indicating the home loan toolkit was provided to the borrower on XX/XX/XXXX with the initial disclosures. - Buyer-XX/XX/XXXX Open-RESPA: Toolkit Missing or Incomplete. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-RESPA: Toolkit provided. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Disclosure Tracking.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000210 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Missing Doc | Asset 5 Missing | Resolved-Received 60 asset verification document for Asset# 5, condition resolved. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Copy of the XXXXX statement account XXXXXXXXX, asset balance $X,XXX.XX uploaded. - Buyer-XX/XX/XXXX Open-Asset 5 Missing Document for Checking account XXXXXXXXX is missing of amount $X,XXX.XX - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Received 60 asset verification document for Asset# 5, condition resolved. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.XXXXX.#XXXXXXXXX.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000210 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Missing Doc | Missing Alimony/Child Support Documentation | Resolved-Received Divorce decree verifying Child Support obligations. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Documentation of child support expense uploaded. - Buyer-XX/XX/XXXX Open-Missing verification of the amount of alimony/child support. Child support/Divorce degree document missing of amount $X,XXX.XX - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Received Divorce decree verifying Child Support obligations. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.child support expense.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000217 | XXXXX | XXXXXXXXX | Seller | XX/XX/XXXX | XX/XX/XXXX | Counter | 3 - Material | Compliance | Tolerance:FinanceCharge | Federal - Finance Charge Disclosure Tolerance (Closed End) | Counter-Received a Mavent report dated post-closing. The Fees and Loan calculations do not match the figures on the Final CD. Provide the correct Mavent report run at, or prior, to closing. Condition remains. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-XX/XX/XXXX: Please see the uploaded Mavent Report dated XX/XX/XXXX to clear condition. - Seller-XX/XX/XXXX Open-The disclosed finance charge $X,XXX.XX is $X,XXX.XX below the actual finance charge $X,XXX.XX. The Truth in Lending Act considers the disclosed finance charge inaccurate if it is more than $X,XXX.XX below the actual finance charge. (12 CFR 1026.18(d)(1); OSC 17(c)(2)(ii)-1) Discount pts are bona fide. - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX |
Ready for Review-XX/XX/XXXX: Please see the uploaded Mavent Report dated XX/XX/XXXX to clear condition. - Seller-XX/XX/XXXX |
XXXXX.Compliance Report.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000217 | XXXXX | XXXXXXXXX | Seller | XX/XX/XXXX | XX/XX/XXXX | Counter | 3 - Material | Compliance | Tolerance:Disclosure | Federal - Closing Disclosure Total of Payments Disclosure Tolerance | Counter-Received a Mavent report dated post-closing. The Fees and Loan calculations do not match the figures on the Final CD. Provide the correct Mavent report run at, or prior, to closing. Condition remains. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. XX/XX/XXXX: Please see the uploaded Mavent Report dated XX/XX/XXXX to clear condition. - Seller-XX/XX/XXXX Open-The disclosed Total of Payments $X,XXX.XX is understated by more than $X,XXX.XX when compared to the actual Total of Payments $X,XXX.XX. The difference is $X,XXX.XX. Regulation Z considers the disclosed Total of Payments inaccurate if it understated by more than $X,XXX.XX. (12 CFR 1026.38(o)(1)) Discount pts are bona fide. - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX |
Ready for Review-Document Uploaded. XX/XX/XXXX: Please see the uploaded Mavent Report dated XX/XX/XXXX to clear condition. - Seller-XX/XX/XXXX |
XXXXX.Compliance Report.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000237 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Property | Value | Secondary valuation supports within 10%, PIW grading applies | Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Open-Secondary valuation support within 10%, PIW in file for a GSE loan. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Refinance | Limited Cash Out - <2% of Loan Amount or $2000 | XXXXXXXXX | Investor Post-Close | No | |||||||
| AHMCCNF2000237 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Property | Property | Loan approved with appraisal waiver, PIW grading applies | Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Open-Value grade equals B, loan approved with a PIW. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Refinance | Limited Cash Out - <2% of Loan Amount or $2000 | XXXXXXXXX | Investor Post-Close | No | |||||||
| AHMCCNF2000224 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Compliance | Missing Doc | ECOA: Most Recent Primary Appraisal Not Provided to Applicant | Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Acknowledged-ECOA Non-Compliant: Most Recent Primary Appraisal Not Provided to Applicant. - Due Diligence Vendor-XX/XX/XXXX |
Acknowledged-ECOA Non-Compliant: Most Recent Primary Appraisal Not Provided to Applicant. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | ||||||
| AHMCCNF2000224 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Disclosure | Appraisal Delivery Does Not Conform To E-Sign Act | Resolved-Received e-consent. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Hello, Please see attached E-consent - Buyer-XX/XX/XXXX Open-The appraisal was delivered electronically. E-Consent documentation is missing for borrower(s) or E-Consent not provided prior to appraisal delivery. Appraisal Delivery Does Not Conform To E-Sign Act - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Received e-consent. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.E-CONSENT.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000231 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Disclosure | TX 50(a)(6) Violation: Acknowledgment of Fair Market Value disclosure is missing | Resolved-Acknowledgment of Fair Market Value disclosure provided. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. XX/XX/XXXX: Please see attached Acknowledgment of Fair Market Value disclosure - Buyer-XX/XX/XXXX Open-TX 50(a)(6) Violation: Acknowledgment of Fair Market Value disclosure is missing. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Acknowledgment of Fair Market Value disclosure provided. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Acknowledgment of Fair Market.pdf | XX | Primary Residence | Refinance | Cash Out - Other | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000231 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | State Reg | TX 50(a)(6) Violation: Copy of Loan Application received at least 1 day prior to closing requirement not met | Resolved-Evidence Copy of Loan Application received at least 1 day prior to closing provided. - Due Diligence Vendor-XX/XX/XXXX Open-TX 50(a)(6) Violation: Copy of Loan Application received at least 1 day prior to closing requirement not met. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Please see attached executed Owner's Acknowledgment of Receiving Copy of Loan Application and Early Final Itemized Disclosure of Actual Fees and Charges and disclosure tracking. The disclosure tracking demonstrates borrower receipt and acknowledgment of the disclosure package before closing - Buyer-XX/XX/XXXX Open-TX 50(a)(6) Violation: Copy of Loan Application received at least 1 day prior to closing requirement not met. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Evidence Copy of Loan Application received at least 1 day prior to closing provided. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Copy of Loan Application.pdf XXXXX.Tracking Disclosure.pdf |
XX | Primary Residence | Refinance | Cash Out - Other | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000231 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Compliance | Missing Doc | TX 50(a)(6) Violation: T-42/ T-42.1 Title Endorsement is missing | Acknowledged-TX 50(a)(6) Violation: T-42/ T-42.1 Title Endorsement is missing. TX 50(a)(6) Violation: T-42/ T-42.1 Title Endorsement is missing - Due Diligence Vendor-XX/XX/XXXX | Acknowledged-TX 50(a)(6) Violation: T-42/ T-42.1 Title Endorsement is missing. TX 50(a)(6) Violation: T-42/ T-42.1 Title Endorsement is missing - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Refinance | Cash Out - Other | XXXXXXXXX | Investor Post-Close | No | ||||||
| AHMCCNF2000223 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Compliance | Disclosure | ECOA: Appraisal Disclosure Not Provided Timely | Acknowledged-ECOA Non-Compliant: Appraisal Disclosure Not Provided Timely. appraisal Disclosure Date is not within three business days of Application Date - Due Diligence Vendor-XX/XX/XXXX | Acknowledged-ECOA Non-Compliant: Appraisal Disclosure Not Provided Timely. appraisal Disclosure Date is not within three business days of Application Date - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | ||||||
| AHMCCNF2000239 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Compliance | Missing Doc | ECOA: Most Recent Primary Appraisal Not Provided to Applicant | Acknowledged-Revised appraisals due to clerical errors must be provided to the borrower (ECOA). The finding is now downgraded as non-material. This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. XX/XX/XXXX: Please see the attached appraisal delivery form dated XX/XX/XXXX and Letter of Explanation. Per the attached LOE, the revised appraisal was not provided to the borrower prior to closing because the changes were clerical and non-substantive in nature and did not impact the appraised value, methodology, analysis, calculations, or valuation conclusion. As such, the borrower was provided the original appraisal prior to closing, and the revised appraisal did not require redisclosure. - Seller-XX/XX/XXXX Counter-Received verification the appraisal was provided XX/XX/XXXX post-closing. The most recent appraisal was signed XX/XX/XXXX and the closing date was XX/XX/XXXX. Provide verification the XX/XX/XXXX appraisal was provided 3 business days prior to closing. Condition remains. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Please see attached Appraisal Delivery email confirmation to borrower - Buyer-XX/XX/XXXX Counter-Appraisal POD is not attached for audit review. Provide verification the revised appraisal was provided to the borrower. Condition remains. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Hello, Please see attached Appraisal POD - Seller-XX/XX/XXXX Counter-Correction to original comment. ECOA: Most Recent Primary Appraisal Date of XX/XX/XXXX is after the Primary Appraisal Delivery Date of XX/XX/XXXX. Provide verification the revised appraisal was provided to the borrower. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Hello, XXXXX is closed on Saturdays and Sunday, Please see attached. - Buyer-XX/XX/XXXX Open-ECOA Non-Compliant: Most Recent Primary Appraisal Not Provided to Applicant. ECOA: Most Recent Primary Appraisal Date of XX/XX/XXXX is after the Primary Appraisal Delivery Date of XX/XX/XXXX - Due Diligence Vendor-XX/XX/XXXX |
Ready for Review-Document Uploaded. XX/XX/XXXX: Please see the attached appraisal delivery form dated XX/XX/XXXX and Letter of Explanation. Per the attached LOE, the revised appraisal was not provided to the borrower prior to closing because the changes were clerical and non-substantive in nature and did not impact the appraised value, methodology, analysis, calculations, or valuation conclusion. As such, the borrower was provided the original appraisal prior to closing, and the revised appraisal did not require redisclosure. - Seller-XX/XX/XXXX Ready for Review-Hello, Please see attached Appraisal POD - Seller-XX/XX/XXXX |
Acknowledged-Revised appraisals due to clerical errors must be provided to the borrower (ECOA). The finding is now downgraded as non-material. This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.LOX.pdf XXXXX.Appraisal POD.pdf XXXXX.Appraisal delivery form.pdf XXXXX.LOE.pdf |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | ||||
| AHMCCNF2000239 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Disclosure | ECOA: Appraisal Disclosure Not Provided Timely | Resolved-Received verification the lender is closed on Saturdays. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Hello, XXXXX is closed on Saturdays and Sunday, Please see attached. - Buyer-XX/XX/XXXX Open-ECOA Non-Compliant: Appraisal Disclosure Not Provided Timely. ECOA: Appraisal Disclosure Date XX/XX/XXXX is not within three business days of Application Date XX/XX/XXXX - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Received verification the lender is closed on Saturdays. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.LOX.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000239 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Tolerance:Disclosure | Federal - Loan Estimate Mailed/Delivered Within Three Business Days of Application | Resolved-Received verification the lender is closed on Saturdays. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Hello, XXXXX is closed on Saturdays and Sunday, Please see attached. - Seller-XX/XX/XXXX Open-The Initial Disclosure Date (XX/XX/XXXX) is more than 3 business days from the Application Date (XX/XX/XXXX). Three business days from the Application Date is (XX/XX/XXXX). Under Regulation Z, a Loan Estimate must be delivered or placed in the mail not later than the third business day after receiving a consumer's application.(12 CFR 1026.19(e)(1)(iii)) Missing initial Loan Estimate - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX |
Ready for Review-Hello, XXXXX is closed on Saturdays and Sunday, Please see attached. - Seller-XX/XX/XXXX |
Resolved-Received verification the lender is closed on Saturdays. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000239 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Tolerance:Disclosure | Federal - Homeownership Counseling Disclosure Delivery | Resolved-Received verification the lender is closed on Saturdays. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Hello, XXXXX is closed on Saturdays and Sunday, Please see attached. - Buyer-XX/XX/XXXX Open-The Homeownership Counseling Organization Disclosure Sent Date (XX/XX/XXXX) is more than 3 business days from the Application Date (XX/XX/XXXX). Three business days from the Application Date is (XX/XX/XXXX). Under 12 CFR 1024.20, not later than three business days after receipt of an application, or information sufficient to complete an application, the lender must provide the applicant with a clear and conspicuous written list of homeownership counseling organizations that provide relevant counseling services in the loan applicant's location. (12 CFR 1024.20) The Homeownership Counseling Organization Disclosure Sent Date (XX/XX/XXXX) is more than 3 business days from the Application Date (XX/XX/XXXX).is not within 3 days from application date - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Received verification the lender is closed on Saturdays. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.LOX.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000239 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Missing Doc | RESPA: Toolkit Missing or Incomplete | Resolved-RESPA: Toolkit provided. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Please see attached Home Loan Toolkit - Buyer-XX/XX/XXXX Open-RESPA: Toolkit Missing or Incomplete. Toolkit Missing . - Due Diligence Vendor-XX/XX/XXXX |
Resolved-RESPA: Toolkit provided. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Toolkit.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000248 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Property | Value | Secondary valuation supports within 10%, PIW grading applies | Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Open-Secondary valuation support within 10%, PIW in file for a GSE loan. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Refinance | Limited Cash Out - <1% of Loan Amount or $2000 | XXXXXXXXX | Investor Post-Close | No | |||||||
| AHMCCNF2000248 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Property | Property | Loan approved with appraisal waiver, PIW grading applies | Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Open-Value grade equals B, loan approved with a PIW. Loan approved with appraisal waiver, PIW grading applies - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Refinance | Limited Cash Out - <1% of Loan Amount or $2000 | XXXXXXXXX | Investor Post-Close | No | |||||||
| AHMCCNF2000256 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Mavent | AbilityToRepay: QMPointsAndFees | Resolved-XXXXX has agreed to a Rate Reduction basis < 0.20 - Due Diligence Vendor-XX/XX/XXXX Escalated-Escalated for manager review - Due Diligence Vendor-XX/XX/XXXX Ready for Review-XX/XX/XXXX: Fannie Mae and Freddie Mac do not have a published "industry standard" rate reduction basis. The .20% does not appear to be supported by any published standard. Please provide a reference to this standard. - Seller-XX/XX/XXXX Counter-Received a copy of the Lender's compliance report. It appears a Bona Fide Discount Points Rate Reduction Basis of .1735% was used instead of 0.20% which is industry standard. Therefore, Discount Points cannot be deemed bona fide. No cure. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. XX/XX/XXXX: Please review the uploaded Mavent report dated XX/XX/XXXX to clear condition. - Seller-XX/XX/XXXX Open-The loan fees $X,XXX.XX exceed the (QM) (Note Amount >=$X,XXX.XX) fee limit, which is 3% of the Total Loan Amount $X,XXX.XX, the difference is $X,XXX.XX. (12 CFR 1026.43(e)(3). System is not excluding Bonified - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX |
Ready for Review-XX/XX/XXXX: Fannie Mae and Freddie Mac do not have a published "industry standard" rate reduction basis. The .20% does not appear to be supported by any published standard. Please provide a reference to this standard. - Seller-XX/XX/XXXX Ready for Review-Document Uploaded. XX/XX/XXXX: Please review the uploaded Mavent report dated XX/XX/XXXX to clear condition. - Seller-XX/XX/XXXX |
Resolved-XXXXX has agreed to a Rate Reduction basis < 0.20 - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Mavent_Compliance Report.pdf XXXXX.Lender LOE.pdf |
XX | Primary Residence | Refinance | Limited Cash Out - <1% of Loan Amount or $2000 | XXXXXXXXX | N/A | N/A | ||||
| AHMCCNF2000256 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Mavent | HighCost: Fees | Resolved-XXXXX has agreed to a Rate Reduction basis < 0.20 - Due Diligence Vendor-XX/XX/XXXX Ready for Review-XX/XX/XXXX: Fannie Mae and Freddie Mac do not have a published "industry standard" rate reduction basis. The .20% does not appear to be supported by any published standard. Please provide a reference to this standard. - Seller-XX/XX/XXXX Counter-Received a copy of the Lender's compliance report. It appears a Bona Fide Discount Points Rate Reduction Basis of .1735% was used instead of 0.20% which is industry standard. Per the CFBP, the creditor must establish that its interest rate reduction is consistent with established industry practices by showing that its calculation complies with requirements prescribed in Fannie Mae or Freddie Mac guidelines for interest rate reductions from bona fide discount points. Therefore, Discount Points cannot be deemed bona fide. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. XX/XX/XXXX: Please review the uploaded Mavent report dated XX/XX/XXXX to clear condition. - Seller-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open-The loan fees $X,XXX.XX exceed the (GA2014) High Cost fee limit, which is $X,XXX.XX, the difference is $X,XXX.XX. System is not excluding Bonified - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX |
Ready for Review-XX/XX/XXXX: Fannie Mae and Freddie Mac do not have a published "industry standard" rate reduction basis. The .20% does not appear to be supported by any published standard. Please provide a reference to this standard. - Seller-XX/XX/XXXX Ready for Review-Document Uploaded. XX/XX/XXXX: Please review the uploaded Mavent report dated XX/XX/XXXX to clear condition. - Seller-XX/XX/XXXX |
Resolved-XXXXX has agreed to a Rate Reduction basis < 0.20 - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Mavent_Compliance Report.pdf XXXXX.Lender LOE.pdf |
XX | Primary Residence | Refinance | Limited Cash Out - <1% of Loan Amount or $2000 | XXXXXXXXX | N/A | N/A | ||||
| AHMCCNF2000256 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Mavent | HighCost: APR/FEES | Resolved-XXXXX has agreed to a Rate Reduction basis < 0.20 - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Fannie Mae and Freddie Mac do not have a published "industry standard" rate reduction basis. The .20% does not appear to be supported by any published standard. Please provide a reference to this standard. - Buyer-XX/XX/XXXX Open-The loan fees $X,XXX.XX exceed the (FED2014) (Note Amount >=$X,XXX.XX) fee limit, which is 5% of the Total Loan Amount $X,XXX.XX, the difference is $X,XXX.XX. (12 CFR 1026.32). - Due Diligence Vendor-XX/XX/XXXX Ready for Review-XX/XX/XXXX: Fannie Mae and Freddie Mac do not have a published "industry standard" rate reduction basis. The .20% does not appear to be supported by any published standard. Please provide a reference to this standard. - Buyer-XX/XX/XXXX Counter-Received a copy of the Lender's compliance report. It appears a Bona Fide Discount Points Rate Reduction Basis of .1735% was used instead of 0.20% which is industry standard. Per the CFBP, the creditor must establish that its interest rate reduction is consistent with established industry practices by showing that its calculation complies with requirements prescribed in Fannie Mae or Freddie Mac guidelines for interest rate reductions from bona fide discount points. Therefore, Discount Points cannot be deemed bona fide. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. XX/XX/XXXX: Please review the uploaded Mavent report dated XX/XX/XXXX to clear condition. - Seller-XX/XX/XXXX Open-The loan fees $X,XXX.XX exceed the (FED2014) (Note Amount >=$X,XXX.XX) fee limit, which is 5% of the Total Loan Amount $X,XXX.XX, the difference is $X,XXX.XX. (12 CFR 1026.32). System is not excluding Bonified - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX |
Ready for Review-Document Uploaded. XX/XX/XXXX: Please review the uploaded Mavent report dated XX/XX/XXXX to clear condition. - Seller-XX/XX/XXXX |
Resolved-XXXXX has agreed to a Rate Reduction basis < 0.20 - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Mavent_Compliance Report.pdf XXXXX.Lender LOE.pdf |
XX | Primary Residence | Refinance | Limited Cash Out - <1% of Loan Amount or $2000 | XXXXXXXXX | N/A | N/A | ||||
| AHMCCNF2000256 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Predatory:Restrictions | Federal - Section 32 Disclosure Required (High Cost) | Resolved-XXXXX has agreed to a Rate Reduction basis < 0.20 - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Fannie Mae and Freddie Mac do not have a published "industry standard" rate reduction basis. The .20% does not appear to be supported by any published standard. Please provide a reference to this standard. - Seller-XX/XX/XXXX Open-This is a Federal High Cost Loan. Since the loan file does not contain a Section 32 Sign Date, the System assumes the creditor did not furnish the Federal High Cost Section 32 disclosures at least 3 business days prior to consummation, in violation of Reg Z. (12 CFR 1026.31(c) and 1026.32(c)) . - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. XX/XX/XXXX: Fannie Mae and Freddie Mac do not have a published "industry standard" rate reduction basis. The .20% does not appear to be supported by any published standard. Please provide a reference to this standard. - Buyer-XX/XX/XXXX Counter-Received a copy of the Lender's compliance report. It appears a Bona Fide Discount Points Rate Reduction Basis of .1735% was used instead of 0.20% which is industry standard. Per the CFBP, the creditor must establish that its interest rate reduction is consistent with established industry practices by showing that its calculation complies with requirements prescribed in Fannie Mae or Freddie Mac guidelines for interest rate reductions from bona fide discount points. Therefore, Discount Points cannot be deemed bona fide. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. XX/XX/XXXX: Please review the uploaded Mavent report dated XX/XX/XXXX to clear condition. - Seller-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open-This is a Federal High Cost Loan. Since the loan file does not contain a Section 32 Sign Date, the System assumes the creditor did not furnish the Federal High Cost Section 32 disclosures at least 3 business days prior to consummation, in violation of Reg Z. (12 CFR 1026.31(c) and 1026.32(c)) System is not excluding Bonified - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX |
Ready for Review-Fannie Mae and Freddie Mac do not have a published "industry standard" rate reduction basis. The .20% does not appear to be supported by any published standard. Please provide a reference to this standard. - Seller-XX/XX/XXXX Ready for Review-Document Uploaded. XX/XX/XXXX: Please review the uploaded Mavent report dated XX/XX/XXXX to clear condition. - Seller-XX/XX/XXXX |
Resolved-XXXXX has agreed to a Rate Reduction basis < 0.20 - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Mavent_Compliance Report.pdf XXXXX.Lender LOE.pdf |
XX | Primary Residence | Refinance | Limited Cash Out - <1% of Loan Amount or $2000 | XXXXXXXXX | N/A | N/A | ||||
| AHMCCNF2000256 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Predatory:LateFees | Federal - Maximum Late Fee (01/14) | Resolved-XXXXX has agreed to a Rate Reduction basis < 0.20. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Fannie Mae and Freddie Mac do not have a published "industry standard" rate reduction basis. The .20% does not appear to be supported by any published standard. Please provide a reference to this standard. - Seller-XX/XX/XXXX Open-You submitted a late fee amount of $X,XXX.XX and a (5.0%) Late Fee Percent. In connection with a Federal High-Cost Mortgage any late payment charge must be specifically permitted by the terms of the loan contract or open-end credit agreement and may not exceed 4% of the amount of the payment past due. No such charge may be imposed more than once for a single late payment. (12 CFR 1026.34(a)(8)(i)) . - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. XX/XX/XXXX: Fannie Mae and Freddie Mac do not have a published "industry standard" rate reduction basis. The .20% does not appear to be supported by any published standard. Please provide a reference to this standard. - Seller-XX/XX/XXXX Counter-Received a copy of the Lender's compliance report. It appears a Bona Fide Discount Points Rate Reduction Basis of .1735% was used instead of 0.20% which is industry standard. Per the CFBP, the creditor must establish that its interest rate reduction is consistent with established industry practices by showing that its calculation complies with requirements prescribed in Fannie Mae or Freddie Mac guidelines for interest rate reductions from bona fide discount points. Therefore, Discount Points cannot be deemed bona fide. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. XX/XX/XXXX: Please review the uploaded Mavent report dated XX/XX/XXXX to clear condition. - Seller-XX/XX/XXXX Open-You submitted a late fee amount of $X,XXX.XX and a (5.0%) Late Fee Percent. In connection with a Federal High-Cost Mortgage any late payment charge must be specifically permitted by the terms of the loan contract or open-end credit agreement and may not exceed 4% of the amount of the payment past due. No such charge may be imposed more than once for a single late payment. (12 CFR 1026.34(a)(8)(i)) The loan fees exceed the Note Amount fee limit, which is 5% of the Total Loan Amount . - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX |
Ready for Review-Fannie Mae and Freddie Mac do not have a published "industry standard" rate reduction basis. The .20% does not appear to be supported by any published standard. Please provide a reference to this standard. - Seller-XX/XX/XXXX Ready for Review-Document Uploaded. XX/XX/XXXX: Fannie Mae and Freddie Mac do not have a published "industry standard" rate reduction basis. The .20% does not appear to be supported by any published standard. Please provide a reference to this standard. - Seller-XX/XX/XXXX Ready for Review-Document Uploaded. XX/XX/XXXX: Please review the uploaded Mavent report dated XX/XX/XXXX to clear condition. - Seller-XX/XX/XXXX |
Resolved-XXXXX has agreed to a Rate Reduction basis < 0.20. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Mavent_Compliance Report.pdf XXXXX.Lender LOE.pdf |
XX | Primary Residence | Refinance | Limited Cash Out - <1% of Loan Amount or $2000 | XXXXXXXXX | N/A | N/A | ||||
| AHMCCNF2000263 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Property | Property | Property in Disaster Area – Property located in a FEMA declared disaster area. Inspection post incident date was not provided | Resolved-Post incident inspection provided, condition resolved. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Uploaded Inspection, No damage to property nor surrounding area. - Buyer-XX/XX/XXXX Open-Subject property is in recent disaster area and there is no post incident inspection in the file. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Post incident inspection provided, condition resolved. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Inspection.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000263 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Property | Value | Secondary valuation supports within 10%, PIW grading applies | Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Open-Secondary valuation support within 10%, PIW in file for a GSE loan. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | |||||||
| AHMCCNF2000263 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Property | Property | Loan approved with appraisal waiver, PIW grading applies | Acknowledged-Value grade equals B, loan approved with a PIW. - Due Diligence Vendor-XX/XX/XXXX | Acknowledged-Value grade equals B, loan approved with a PIW. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | ||||||
| AHMCCNF2000265 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Tolerance:Disclosure | Federal - Homeownership Counseling Disclosure Delivery | Resolved-Resolved- please see the attached confirmation from the seller that they are not open on Saturdays, therefore Saturdays should not be included towards the 3 day timing requirement. - Due Diligence Vendor-XX/XX/XXXX Resolved- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Hello, please see the attached confirmation from the seller that they are not open on Saturdays, therefore Saturdays should not be included towards the 3 day timing requirement. - Seller-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open-The Homeownership Counseling Organization Disclosure Sent Date (XX/XX/XXXX) is more than 3 business days from the Application Date (XX/XX/XXXX). Three business days from the Application Date is (XX/XX/XXXX). Under 12 CFR 1024.20, not later than three business days after receipt of an application, or information sufficient to complete an application, the lender must provide the applicant with a clear and conspicuous written list of homeownership counseling organizations that provide relevant counseling services in the loan applicant's location. (12 CFR 1024.20) Provide confirmation XXXXX is closed on Saturday. Compliance will be rerun upon receipt. Additional conditions may apply. - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX |
Ready for Review-Document Uploaded. Hello, please see the attached confirmation from the seller that they are not open on Saturdays, therefore Saturdays should not be included towards the 3 day timing requirement. - Seller-XX/XX/XXXX |
Resolved-Resolved- please see the attached confirmation from the seller that they are not open on Saturdays, therefore Saturdays should not be included towards the 3 day timing requirement. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.attestation on closed on weekends.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | ||||
| AHMCCNF2000265 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Compliance | Disclosure | ECOA: Appraisal Disclosure Not Provided Timely | Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Hello, please see the attached confirmation from the seller that they are not open on Saturdays, therefore Saturdays should not be included towards the 3 day timing requirement. - Buyer-XX/XX/XXXX Open-ECOA Non-Compliant: Appraisal Disclosure Not Provided Timely. ECOA: Appraisal Disclosure Date XX/XX/XXXX is not within three business days of Application Date XX/XX/XXXX. Provide confirmation XXXXX is closed on Saturday. Compliance will be rerun upon receipt. Additional conditions may apply. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.attestation on closed on weekends.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | ||||||
| AHMCCNF2000265 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Tolerance:Disclosure | Federal - Loan Estimate Mailed/Delivered Within Three Business Days of Application | Resolved- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Hello, please see the attached confirmation from the seller that they are not open on Saturdays, therefore Saturdays should not be included towards the 3 day timing requirement. - Seller-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open-The Initial Disclosure Date (XX/XX/XXXX) is more than 3 business days from the Application Date (XX/XX/XXXX). Three business days from the Application Date is (XX/XX/XXXX). Under Regulation Z, a Loan Estimate must be delivered or placed in the mail not later than the third business day after receiving a consumer's application.(12 CFR 1026.19(e)(1)(iii)) Provide confirmation XXXXX is closed on Saturday. Compliance will be rerun upon receipt. Additional conditions may apply. - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX |
Ready for Review-Document Uploaded. Hello, please see the attached confirmation from the seller that they are not open on Saturdays, therefore Saturdays should not be included towards the 3 day timing requirement. - Seller-XX/XX/XXXX |
XXXXX.attestation on closed on weekends.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000273 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Open | 3 - Material | Property | Value | Missing Post Close Valuation - 2 | Open-BPO out of tolerance, confirming with XXXXX if 2055 will be ordered. - Due Diligence Vendor-XX/XX/XXXX Open-A valid secondary valuation supporting the origination appraisal value is not present. The qualifying property value is $X,XXX.XX compared to the AVM dated XX/XX/XXXX with a value of $X,XXX.XX which is greater than -10% with a difference of -28.74%. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||||
| AHMCCNF2000275 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Property | Property | Property in Disaster Area – Property located in a FEMA declared disaster area. Inspection post incident date was not provided | Resolved-No damage per PDI - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. No Damage to property nor surrounding area. - Buyer-XX/XX/XXXX Open-Subject property is in recent disaster area and there is no post incident inspection - Due Diligence Vendor-XX/XX/XXXX |
Resolved-No damage per PDI - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Disaster Inspection.pdf | XX | Primary Residence | Refinance | Limited Cash Out - <1% of Loan Amount or $2000 | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000280 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Property | Value | Secondary valuation supports within 10%, PIW grading applies | Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Open-Secondary valuation support within 10%, PIW in file for a GSE loan. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Refinance | Cash Out - Other | XXXXXXXXX | Investor Post-Close | No | |||||||
| AHMCCNF2000280 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Property | Property | Loan approved with appraisal waiver, PIW grading applies | Acknowledged-Value grade equals B, loan approved with a PIW. Loan approved PIW - Due Diligence Vendor-XX/XX/XXXX | Acknowledged-Value grade equals B, loan approved with a PIW. Loan approved PIW - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Refinance | Cash Out - Other | XXXXXXXXX | Investor Post-Close | No | ||||||
| AHMCCNF2000281 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX | Acknowledged-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | ||||||
| AHMCCNF2000288 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Property | Property | Loan approved with appraisal waiver, PIW grading applies | Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Open-Value grade equals B, loan approved with a PIW. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | |||||||
| AHMCCNF2000297 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Property | Value | Missing Post Close Valuation - 1 | Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX Open-A valid secondary valuation supporting the origination appraisal value is not present. loan was approved with ACE + PDR, but the PDR is missing from the loan file. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | ||||||
| AHMCCNF2000297 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Property | Property | Loan approved with appraisal waiver, PIW grading applies | Acknowledged-Value grade equals B, loan approved with a PIW. As per LP file is day 1 certainty hence file approve with PIW. - Due Diligence Vendor-XX/XX/XXXX | Acknowledged-Value grade equals B, loan approved with a PIW. As per LP file is day 1 certainty hence file approve with PIW. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | ||||||
| AHMCCNF2000298 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Property | Property | Property in Disaster Area – Property located in a FEMA declared disaster area. Inspection post incident date was not provided | Resolved-No damage to property - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Uploaded Inspection. No damage to property - Buyer-XX/XX/XXXX Open-Subject property is in recent disaster area and there is no post incident inspection - Due Diligence Vendor-XX/XX/XXXX |
Resolved-No damage to property - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Disaster Inspection.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000312 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | QM-ATR | ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements | Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. XXXXX statement reflecting $X,XXX.XX in available funds received. Uploaded to portal. Conventional, purchase closed on XX/XX/XXXX. The final CD requires $X,XXX.XX to close. Escrow receipt of the $X,XXX.XX EMD dated XX/XX/XXXX and $X,XXX.XX dated XX/XX/XXXX gift funds found in file. Missing evidence of the XXXXX account with available funds of $X,XXX.XX (reflected in DU). The total available funds including XXXXX (once verified) will equal $X,XXX.XX which are sufficient to cover funds to close of $X,XXX.XX. Reserves not required pr DU. - Buyer-XX/XX/XXXX Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements Asset 1 Missing - Due Diligence Vendor-XX/XX/XXXX |
Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.asset.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000312 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Missing Doc | Required Documentation is Missing | Resolved-Received 2 months bank statement for Asset # 1, condition resolved. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. XXXXX statement reflecting $X,XXX.XX in available funds received. Uploaded to portal. Conventional, purchase closed on XX/XX/XXXX. The final CD requires $X,XXX.XX to close. Escrow receipt of the $X,XXX.XX EMD dated XX/XX/XXXX and $X,XXX.XX dated XX/XX/XXXX gift funds found in file. Missing evidence of the XXXXX account with available funds of $X,XXX.XX (reflected in DU). The total available funds including XXXXX (once verified) will equal $X,XXX.XX which are sufficient to cover funds to close of $X,XXX.XX. Reserves not required pr DU. - Buyer-XX/XX/XXXX Open-Asset 1 document is missing - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Received 2 months bank statement for Asset # 1, condition resolved. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.asset.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000312 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Missing Doc | Asset 1 Missing | Resolved-Received 2 months bank statement for Asset # 1, condition resolved. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. XXXXX statement reflecting $X,XXX.XX in available funds received. Uploaded to portal. Conventional, purchase closed on XX/XX/XXXX. The final CD requires $X,XXX.XX to close. Escrow receipt of the $X,XXX.XX EMD dated XX/XX/XXXX and $X,XXX.XX dated XX/XX/XXXX gift funds found in file. Missing evidence of the XXXXX account with available funds of $X,XXX.XX (reflected in DU). The total available funds including XXXXX (once verified) will equal $X,XXX.XX which are sufficient to cover funds to close of $X,XXX.XX. Reserves not required pr DU. - Buyer-XX/XX/XXXX Open-Asset 1 Missing - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Received 2 months bank statement for Asset # 1, condition resolved. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.asset.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000320 | XXXXX | XXXXXXXXX | Seller | XX/XX/XXXX | XX/XX/XXXX | Open | 3 - Material | Property | Value | Missing Post Close Valuation - 2 | Open-A valid secondary valuation supporting the origination appraisal value is not present. - Due Diligence Vendor-XX/XX/XXXX Open-BPO out of tolerance, confirming with XXXXX is 2055 will be ordered. - Due Diligence Vendor-XX/XX/XXXX Open-A valid secondary valuation supporting the origination appraisal value is not present. - Due Diligence Vendor-XX/XX/XXXX Open-A valid secondary valuation supporting the origination appraisal value is not present. CDA was ordered to confirm value. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Refinance | Cash Out - Other | XXXXXXXXX | N/A | N/A | |||||||
| AHMCCNF2000323 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | TRID Tolerance | Insufficient Tolerance Cure (50001028) | Resolved-Received verification of transfer tax amount. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Hello, please see the attached fee itemization from the seller. - Seller-XX/XX/XXXX Counter-Provide verification that the Transfer taxes were $X,XXX.XX and rounded to $X,XXX.XX on the Loan Estimates. If verification of the fee being rounded, or a valid COC, cannot be provided for the fee increase, then Provide Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to Borrower. Tolerance cure of $X,XXX.XX to be provided within 60 days of discovery. Condition remains. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Hello, a lender credit in the amount of $X,XXX.XX for the increases in Appraisal Fee and Transfer Taxes was provided on the final Closing Disclosure. It is possible the transfer taxes on the initial Loan Estimate were $X,XXX.XX but rounded due to TRID requirements. Since the additional $X,XXX.XX could cure a rounded amount, this would be considered out of scope per the SFA guide Additional Consideration 6. Fee Tolerance Consideration - Rounding Fee tolerance considerations in relation to 0% and 10% fees that are rounded on initial LEs, the tolerance evaluation will be based on the consideration of the possibility the LE figures disclosed were rounded at time of LE disclosure and only issue an exception if the difference is outside the permissible rounded value considerations of rounding to the nearest dollar. (e.g. the LE discloses a fee for a service the consumer cannot shop for, the credit report. On the LE it reflects a charge of $X,XXX.XX and the CD reflects $X,XXX.XX. The fee would not generate an exception. However, in the event the LE reflects $X,XXX.XX and the charge on the CD is $X,XXX.XX this would warrant an exception.) - Buyer-XX/XX/XXXX Open-A Lender Credit for Excess Charges of $X,XXX.XX, Principal Reduction for Excess Charges of $X,XXX.XX, and general or specific lender credit increases of $X,XXX.XX were applied to the total fee variance of $X,XXX.XX between the baseline disclosure and the last Closing Disclosure. Since the lender credits and principal reduction (if applicable) are less than the total fee variance amount, they are not sufficient to cure the variance. Valid COC has not provided - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX |
Ready for Review-Document Uploaded. Hello, please see the attached fee itemization from the seller. - Seller-XX/XX/XXXX |
Resolved-Received verification of transfer tax amount. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Loan Estimate.pdf XXXXX.Closing Disclosure.pdf XXXXX.Fee Details.pdf |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | ||||
| AHMCCNF2000323 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | TRID Tolerance | Insufficient Tolerance Cure (50001026) | Resolved-Received verification of transfer tax amount. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Hello, please see the attached fee itemization from the seller. - Seller-XX/XX/XXXX Counter-Provide verification that the Transfer taxes were $X,XXX.XX and rounded to $X,XXX.XX on the Loan Estimates. If verification of the fee being rounded, or a valid COC, cannot be provided for the fee increase, then Provide Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to Borrower. Tolerance cure of $X,XXX.XX to be provided within 60 days of discovery. Condition remains. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Hello, a lender credit in the amount of $X,XXX.XX for the increases in Appraisal Fee and Transfer Taxes was provided on the final Closing Disclosure. It is possible the transfer taxes on the initial Loan Estimate were $X,XXX.XX but rounded due to TRID requirements. Since the additional $X,XXX.XX could cure a rounded amount, this would be considered out of scope per the SFA guide Additional Consideration 6. Fee Tolerance Consideration - Rounding Fee tolerance considerations in relation to 0% and 10% fees that are rounded on initial LEs, the tolerance evaluation will be based on the consideration of the possibility the LE figures disclosed were rounded at time of LE disclosure and only issue an exception if the difference is outside the permissible rounded value considerations of rounding to the nearest dollar. (e.g. the LE discloses a fee for a service the consumer cannot shop for, the credit report. On the LE it reflects a charge of $X,XXX.XX and the CD reflects $X,XXX.XX. The fee would not generate an exception. However, in the event the LE reflects $X,XXX.XX and the charge on the CD is $X,XXX.XX this would warrant an exception.) - Seller-XX/XX/XXXX Open- Valid COC Has not Provided For $X,XXX.XX - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open-A Lender Credit for Excess Charges of $X,XXX.XX, Principal Reduction for Excess Charges of $X,XXX.XX, and general or specific lender credit increases of $X,XXX.XX were applied to the total fee variance of $X,XXX.XX between the baseline disclosure and the actual fee amounts. Since the lender credits and principal reduction (if applicable) are less than the total fee variance amount, they are not sufficient to cure the variance. - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX |
Ready for Review-Document Uploaded. Hello, please see the attached fee itemization from the seller. - Seller-XX/XX/XXXX Ready for Review-Hello, a lender credit in the amount of $X,XXX.XX for the increases in Appraisal Fee and Transfer Taxes was provided on the final Closing Disclosure. It is possible the transfer taxes on the initial Loan Estimate were $X,XXX.XX but rounded due to TRID requirements. Since the additional $X,XXX.XX could cure a rounded amount, this would be considered out of scope per the SFA guide Additional Consideration 6. Fee Tolerance Consideration - Rounding Fee tolerance considerations in relation to 0% and 10% fees that are rounded on initial LEs, the tolerance evaluation will be based on the consideration of the possibility the LE figures disclosed were rounded at time of LE disclosure and only issue an exception if the difference is outside the permissible rounded value considerations of rounding to the nearest dollar. (e.g. the LE discloses a fee for a service the consumer cannot shop for, the credit report. On the LE it reflects a charge of $X,XXX.XX and the CD reflects $X,XXX.XX. The fee would not generate an exception. However, in the event the LE reflects $X,XXX.XX and the charge on the CD is $X,XXX.XX this would warrant an exception.) - Seller-XX/XX/XXXX |
Resolved-Received verification of transfer tax amount. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Fee Details.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | ||||
| AHMCCNF2000331 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Missing Doc | Asset 7 Missing | Resolved-Received AUS removing the gift funds, condition resolved. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Updated LP removing the gift funds uploaded. - Buyer-XX/XX/XXXX Open-Asset 7 Missing Gift letter for $X,XXX.XX is missing - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Received AUS removing the gift funds, condition resolved. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.gift funds.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000331 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | QM-ATR | ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements | Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Updated LP removing the gift funds uploaded. - Buyer-XX/XX/XXXX Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements Gift letter for $X,XXX.XX is missing - Due Diligence Vendor-XX/XX/XXXX |
Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.gift funds.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000334 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Property | Value | Missing Post Close Valuation - 2 | Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX Open-The qualifying property value is $X,XXX.XX compared to the AVM dated XX/XX/XXXX with a value of $X,XXX.XX which is greater than 10% with a difference of 15.98%. CDA ordered to confirm value. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | ||||||
| AHMCCNF2000343 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Closing | Borrower 1 Photo ID is expired | Resolved-Received B1 passport with expiration date is XX/XX/XXXX and note is dated XX/XX/XXXX. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Updated Patriot Act Information Form and US Passport with an expiration date of XX/XX/XXXX received. Uploaded - Buyer-XX/XX/XXXX Open-Borrower photo ID expiration date is XX/XX/XXXX and note is dated XX/XX/XXXX. Borrower photo ID expiration date is XX/XX/XXXX and note is dated XX/XX/XXXX - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Received B1 passport with expiration date is XX/XX/XXXX and note is dated XX/XX/XXXX. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.patriot act.pdf | XX | Primary Residence | Refinance | Limited Cash Out - <1% of Loan Amount or $2000 | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000344 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Open | 3 - Material | Property | Value | Missing Post Close Valuation - 1 | Open-A valid secondary valuation supporting the origination appraisal value is not present. secondary valuation is not provided - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Refinance | Limited Cash Out - <2% of Loan Amount or $2000 | XXXXXXXXX | N/A | N/A | |||||||
| AHMCCNF2000348 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Missing Doc | Missing Asset Documentation | Resolved-Asset bank statement received, condition resolved. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Bank statements received. Balances reflected on XXXXX and XXXXX accounts are higher than what was reflected in DU. Uploaded to portal. Conventional, purchase closed on XX/XX/XXXX. Final CD require $X,XXX.XX to close. DU reflects $X,XXX.XX with XXXXX, $X,XXX.XX with XXXXX and $X,XXX.XX in XXXXX stocks. Statements from XXXXX and XXXXX are missing. Available funds with XXXXX are sufficient. - Buyer-XX/XX/XXXX Open-Missing Asset Documentation. 1] XXXXX - Acc XXXXXXXXX with balance $X,XXX.XX Missing 2] XXXXX - Acc XXXXXXXXX with balance $X,XXX.XX - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Asset bank statement received, condition resolved. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.asset statements.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000349 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Property | Property | Loan approved with appraisal waiver, PIW grading applies | Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Open-Value grade equals B, loan approved with a PIW. Loan approved with appraisal waiver, PIW grading applies - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | |||||||
| AHMCCNF2000349 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Property | Value | Secondary valuation supports within 10%, PIW grading applies | Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Open-Secondary valuation support within 10%, PIW in file for a GSE loan. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | |||||||
| AHMCCNF2000350 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. Provided valuation reports are within tolerance. - Due Diligence Vendor-XX/XX/XXXX | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. Provided valuation reports are within tolerance. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | ||||||
| AHMCCNF2000355 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Property | Value | Secondary valuation supports within 10%, PIW grading applies | Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Open-Secondary valuation support within 10%, PIW in file for a GSE loan. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Refinance | Cash Out - Other | XXXXXXXXX | Investor Post-Close | No | |||||||
| AHMCCNF2000355 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Property | Property | Loan approved with appraisal waiver, PIW grading applies | Acknowledged-Value grade equals B, loan approved with a PIW. - Due Diligence Vendor-XX/XX/XXXX | Acknowledged-Value grade equals B, loan approved with a PIW. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Refinance | Cash Out - Other | XXXXXXXXX | Investor Post-Close | No | ||||||
| AHMCCNF2000356 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Compliance | Disclosure | ECOA: Appraisal Not Provided to Applicant | Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Hello, please see the attached appraisal delivery confirmation and ROV disclosure. - Buyer-XX/XX/XXXX Open-ECOA Non-Compliant: Appraisal present; no evidence appraisal was provided to applicant. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.ROV sent with appraisal.pdf XXXXX.Appraisal delivery.pdf |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | ||||||
| AHMCCNF2000370 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX | Acknowledged-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | ||||||
| AHMCCNF2000371 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Property | Value | Secondary valuation supports within 10%, PIW grading applies | Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Open-Secondary valuation support within 10%, PIW in file for a GSE loan. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | |||||||
| AHMCCNF2000371 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Property | Property | Loan approved with appraisal waiver, PIW grading applies | Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Open-Value grade equals B, loan approved with a PIW. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | |||||||
| AHMCCNF2000374 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Property | Value | Missing Post Close Valuation - 1 | Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX Open-A valid secondary valuation supporting the origination appraisal value is not present. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | ||||||
| AHMCCNF2000384 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | TRID Tolerance | Insufficient Change of Circumstance (50001252) | Resolved-Received COC. - Due Diligence Vendor-XX/XX/XXXX Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. XX/XX/XXXX: The COC dated XX/XX/XXXX has been uploaded for your review. - Buyer-XX/XX/XXXX Open-The amounts disclosed on the last Closing Disclosure for the following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the last Closing Disclosure and placed within the Cannot Increase Category: Points - Loan Discount Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4); 12 CFR 1026.19(f)(2)(v)). Valid COC is not available in file - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Received COC. - Due Diligence Vendor-XX/XX/XXXX Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.COC.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000384 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | TRID Tolerance | Charges That Cannot Increase Test (50001251) | Resolved-Received COC. - Due Diligence Vendor-XX/XX/XXXX Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. XX/XX/XXXX: The COC dated XX/XX/XXXX has been uploaded for your review. - Buyer-XX/XX/XXXX Open-The following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the Cannot Increase Category: Points - Loan Discount Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4)). Valid COC is not available in file - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Received COC. - Due Diligence Vendor-XX/XX/XXXX Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.COC.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000398 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Property | Value | Missing Post Close Valuation - 1 | Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX Open-A valid secondary valuation supporting the origination appraisal value is not present. secondary valuation supporting the origination appraisal value is not present. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Refinance | Cash Out - Other | XXXXXXXXX | N/A | N/A | ||||||
| AHMCCNF2000403 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Mavent | AbilityToRepay: QMPointsAndFees | Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Rescinded- - Due Diligence Vendor-XX/XX/XXXX Rescinded- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Rescinded-The loan fees $X,XXX.XX exceed the (QM) (Note Amount >=$X,XXX.XX) fee limit, which is 3% of the Total Loan Amount $X,XXX.XX, the difference is $X,XXX.XX. (12 CFR 1026.43(e)(3). - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX Rescinded-The loan fees $X,XXX.XX exceed the (QM) (Note Amount >=$X,XXX.XX) fee limit, which is 3% of the Total Loan Amount $X,XXX.XX, the difference is $X,XXX.XX. (12 CFR 1026.43(e)(3). - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Refinance | Cash Out - Other | XXXXXXXXX | N/A | N/A | ||||||
| AHMCCNF2000406 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Property | Property | Property in Disaster Area – Property located in a FEMA declared disaster area. Inspection post incident date was not provided | Resolved-No Damage to property - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Uploaded inspection, No damage to property - Buyer-XX/XX/XXXX Open-Subject property is in recent disaster area and there is no post incident inspection - Due Diligence Vendor-XX/XX/XXXX |
Resolved-No Damage to property - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Disaster Inspection.pdf | XX | Primary Residence | Refinance | Limited Cash Out - <1% of Loan Amount or $2000 | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000409 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Compliance | Missing Doc | Privacy Notice Required - Missing or Incomplete | Acknowledged-Privacy Notice Required - Missing or Incomplete. - Due Diligence Vendor-XX/XX/XXXX | Acknowledged-Privacy Notice Required - Missing or Incomplete. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | ||||||
| AHMCCNF2000409 | XXXXX | XXXXXXXXX | Seller | XX/XX/XXXX | XX/XX/XXXX | Counter | 3 - Material | Credit | Assets | Insufficient asset documentation in file - assets do not cover closing costs | Counter- - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Conventional, purchase closed on XX/XX/XXXX. The final CD reflects EMD $X,XXX.XX and additional funds to close of $X,XXX.XX or total funds to close of $X,XXX.XX. DU reflect $X,XXX.XX with XXXXX and $X,XXX.XX in gift funds. Escrow receipts of the following funds totaling $X,XXX.XX found in file, are sufficient to cover funds to close. DU does not require reserves at closing. Note: The XXXXX account XXXXXXXXX reflects $X,XXX.XX in available funds, excluding the EMD of $X,XXX.XX will result in reduced balance of $X,XXX.XX which is reflected in DU. The PCCD dated XX/XX/XXXX reflects $X,XXX.XX in gift funds which is not accurate. If this was true, the loan would be short of $X,XXX.XX. The issue is PCCD showing $X,XXX.XX which should reflect $X,XXX.XX. An updated DU reflecting gift funds of $X,XXX.XX and a revised gift letter reflecting same. Uploaded wired funds - Buyer-XX/XX/XXXX Open-Insufficient asset documentation in file - assets do not cover closing costs. - Due Diligence Vendor-XX/XX/XXXX |
Received wire info for $X,XXX.XX and $X,XXX.XX. Provide an updated DU, PCCD and revised Gift letter reflecting $X,XXX.XX. Condition remains. - XX/XX/XXXX |
XXXXX.funds to close.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000421 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Property | Value | Missing Post Close Valuation - 1 | Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX Open-AVM was a no-hit, a CDA was ordered to confirm the value. - Due Diligence Vendor-XX/XX/XXXX Open-A valid secondary valuation supporting the origination appraisal value is not present. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Refinance | Cash Out - Other | XXXXXXXXX | N/A | N/A | ||||||
| AHMCCNF2000424 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | QM-ATR | ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements | Resolved-ATR Risk - Monthly HOI, Taxes, Assessment payments meet requirements - Due Diligence Vendor-XX/XX/XXXX Resolved-ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements Received tax, Insurance and HOA docs for REO 3a, condition resolved. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Uploaded documentation to support liability. - Buyer-XX/XX/XXXX Open-ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements Required documentation is missing of REO 3a. Monthly HOI, Assessment is not verified. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-ATR Risk - Monthly HOI, Taxes, Assessment payments meet requirements - Due Diligence Vendor-XX/XX/XXXX Resolved-ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements Received tax, Insurance and HOA docs for REO 3a, condition resolved. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Liabilities.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000424 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | TRID Tolerance | Insufficient Tolerance Cure (50001028) | Resolved-Document Uploaded. XX/XX/XXXX: The Complete Final CD dated XX/XX/XXXX has been uploaded for your review. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. XX/XX/XXXX: The Complete Final CD dated XX/XX/XXXX has been uploaded for your review. - Seller-XX/XX/XXXX Open-A Lender Credit for Excess Charges of $X,XXX.XX, Principal Reduction for Excess Charges of $X,XXX.XX, and general or specific lender credit increases of $X,XXX.XX were applied to the total fee variance of $X,XXX.XX between the baseline disclosure and the last Closing Disclosure. Since the lender credits and principal reduction (if applicable) are less than the total fee variance amount, they are not sufficient to cure the variance. Compliance will be re-reviewed upon receipt of the missing disclosures. Additional conditions may apply. - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX |
Ready for Review-Document Uploaded. XX/XX/XXXX: The Complete Final CD dated XX/XX/XXXX has been uploaded for your review. - Seller-XX/XX/XXXX |
Resolved-Document Uploaded. XX/XX/XXXX: The Complete Final CD dated XX/XX/XXXX has been uploaded for your review. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.final CD.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | ||||
| AHMCCNF2000424 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | TRID Tolerance | Insufficient Tolerance Cure (50001026) | Resolved-Document Uploaded. XX/XX/XXXX: The Complete Final CD dated XX/XX/XXXX has been uploaded for your review. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. XX/XX/XXXX: The Complete Final CD dated XX/XX/XXXX has been uploaded for your review. - Seller-XX/XX/XXXX Open-A Lender Credit for Excess Charges of $X,XXX.XX, Principal Reduction for Excess Charges of $X,XXX.XX, and general or specific lender credit increases of $X,XXX.XX were applied to the total fee variance of $X,XXX.XX between the baseline disclosure and the actual fee amounts. Since the lender credits and principal reduction (if applicable) are less than the total fee variance amount, they are not sufficient to cure the variance. Compliance will be re-reviewed upon receipt of the missing disclosures. Additional conditions may apply. - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX |
Ready for Review-Document Uploaded. XX/XX/XXXX: The Complete Final CD dated XX/XX/XXXX has been uploaded for your review. - Seller-XX/XX/XXXX |
Resolved-Document Uploaded. XX/XX/XXXX: The Complete Final CD dated XX/XX/XXXX has been uploaded for your review. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.final CD.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | ||||
| AHMCCNF2000424 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Missing Doc | Required Documentation is Missing | Resolved-Received tax, Insurance and HOA docs for REO 3a, condition resolved. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Uploaded cure docs - Seller-XX/XX/XXXX Open-Required documentation is missing of REO 3a. Monthly HOI, Assessment is not verified. - Due Diligence Vendor-XX/XX/XXXX |
Ready for Review-Document Uploaded. Uploaded cure docs - Seller-XX/XX/XXXX |
Resolved-Received tax, Insurance and HOA docs for REO 3a, condition resolved. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Liabilities.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | ||||
| AHMCCNF2000424 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Tolerance:FinanceCharge | Federal - Finance Charge Disclosure Tolerance (Closed End) | Resolved-Received a copy of the Final CD. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. XX/XX/XXXX: The Complete Final CD dated XX/XX/XXXX has been uploaded for your review. - Seller-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open-The disclosed finance charge $X,XXX.XX is $X,XXX.XX below the actual finance charge $X,XXX.XX. The Truth in Lending Act considers the disclosed finance charge inaccurate if it is more than $X,XXX.XX below the actual finance charge. (12 CFR 1026.18(d)(1); OSC 17(c)(2)(ii)-1) Compliance will be re-reviewed upon receipt of the missing disclosures. Additional conditions may apply. - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX |
Ready for Review-Document Uploaded. XX/XX/XXXX: The Complete Final CD dated XX/XX/XXXX has been uploaded for your review. - Seller-XX/XX/XXXX |
Resolved-Received a copy of the Final CD. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.final CD.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | ||||
| AHMCCNF2000424 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Tolerance:APR | Federal - Closed End APR Disclosure Tolerance (Regular) | Resolved-Received a copy of the Final CD. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-XX/XX/XXXX: The Complete Final CD dated XX/XX/XXXX has been uploaded for your review. - Buyer-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open-The disclosed APR (0.0) is lower than the actual APR (6.732) by more than .125%. The Truth in Lending Act considers a disclosed APR inaccurate if it is lower than the actual APR by more than .125% on a regular mortgage transaction. (12 CFR 1026.17(f), 1026.19(a)(2), & 1026.22(a)(2)) Compliance will be re-reviewed upon receipt of the missing disclosures. Additional conditions may apply. - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Received a copy of the Final CD. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.final CD.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000424 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Tolerance:Disclosure | Federal - Closing Disclosure Total of Payments Disclosure Tolerance | Resolved-Received a copy of the Final CD. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-XX/XX/XXXX: The Complete Final CD dated XX/XX/XXXX has been uploaded for your review. - Buyer-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open-The disclosed Total of Payments $X,XXX.XX is understated by more than $X,XXX.XX when compared to the actual Total of Payments $X,XXX.XX. The difference is $X,XXX.XX. Regulation Z considers the disclosed Total of Payments inaccurate if it understated by more than $X,XXX.XX. (12 CFR 1026.38(o)(1)) Compliance will be re-reviewed upon receipt of the missing disclosures. Additional conditions may apply. - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Received a copy of the Final CD. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.final CD.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000424 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Missing Doc | TRID: Missing Closing Disclosure | Resolved-TRID: Final Closing Disclosure Provided - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. XX/XX/XXXX: The Complete Final CD dated XX/XX/XXXX has been uploaded for your review. - Buyer-XX/XX/XXXX Open-TRID: Missing Final Closing Disclosure Provided Final CD is partial. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-TRID: Final Closing Disclosure Provided - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.final CD.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000424 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Disclosure | E-Consent documentation is missing for borrower(s) | Resolved-E-Consent documentation for borrower(s) provided. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. XX/XX/XXXX: The eConsent for each borrower has been uploaded for your review. - Seller-XX/XX/XXXX Open-E-Consent documentation is missing for borrower(s). Electronic Consent status showing pending for Coborrower hence updated consent as missing page #134 - Due Diligence Vendor-XX/XX/XXXX |
Ready for Review-Document Uploaded. XX/XX/XXXX: The eConsent for each borrower has been uploaded for your review. - Seller-XX/XX/XXXX |
Resolved-E-Consent documentation for borrower(s) provided. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.eConsent.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | ||||
| AHMCCNF2000425 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Property | Property | Loan approved with appraisal waiver, PIW grading applies | Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Open-Value grade equals B, loan approved with a PIW. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | |||||||
| AHMCCNF2000425 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Property | Value | Secondary valuation supports within 10%, PIW grading applies | Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Open-Secondary valuation support within 10%, PIW in file for a GSE loan. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | |||||||
| AHMCCNF2000439 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Property | Value | Secondary valuation supports within 10%, PIW grading applies | Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Open-Secondary valuation support within 10%, PIW in file for a GSE loan. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | |||||||
| AHMCCNF2000439 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Property | Property | Loan approved with appraisal waiver, PIW grading applies | Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Open-Value grade equals B, loan approved with a PIW. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | |||||||
| AHMCCNF2000444 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Property | Property | Loan approved with appraisal waiver, PIW grading applies | Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Open-Value grade equals B, loan approved with a PIW. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | |||||||
| AHMCCNF2000444 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Property | Value | Secondary valuation supports within 10%, PIW grading applies | Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Open-Secondary valuation support within 10%, PIW in file for a GSE loan. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | |||||||
| AHMCCNF2000447 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | ||||||
| AHMCCNF2000451 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Compliance | Missing Doc | ECOA: Most Recent Primary Appraisal Not Provided to Applicant | Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Counter-Received delivery letter that was previously reviewed stating the appraisal was provided XX/XX/XXXX. The appraisal was signed XX/XX/XXXX. The XX/XX/XXXX version was not provided to the borrower. - Due Diligence Vendor-XX/XX/XXXX Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. XX/XX/XXXX: The Appraisal POD dated XX/XX/XXXX has been uploaded for your review. - Buyer-XX/XX/XXXX Open-ECOA Non-Compliant: Most Recent Primary Appraisal Not Provided to Applicant. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Appraisal POD.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | ||||||
| AHMCCNF2000457 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Missing Doc | The Note is Incomplete | Resolved-Received legible copy of executed Note document, condition resolved. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Legible copy of Note uploaded - Buyer-XX/XX/XXXX Open-The Note is Incomplete First page of Note is not visible to verify Note date and Address. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Received legible copy of executed Note document, condition resolved. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Note.pdf | XX | Primary Residence | Refinance | Limited Cash Out - <1% of Loan Amount or $2000 | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000459 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Tolerance:Disclosure | Federal - Homeownership Counseling Disclosure Delivery | Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Hello, please see the attached attestation from the lender. - Buyer-XX/XX/XXXX Counter-Received lender statement stating weekends do not count. Audit response: Provide verification the disclosure was provided within 3 days of the application date. If the lender is closed for business on Saturdays, provide a Lender Attestation confirming that the lender does not conduct business on Saturdays. Condition remains. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Hello, per the seller, "XX/XX/XXXX was a Thursday, XX/XX/XXXX was Friday (day 1) and XX/XX/XXXX-XX/XX/XXXX weekend (does not count), XX/XX/XXXX was Monday (day 2) and Tuesday day 3, the day received disclosures. Disclosures were done within 3 business days." - Buyer-XX/XX/XXXX Open-The Homeownership Counseling Organization Disclosure Sent Date (XX/XX/XXXX) is more than 3 business days from the Application Date (XX/XX/XXXX). Three business days from the Application Date is (XX/XX/XXXX). Under 12 CFR 1024.20, not later than three business days after receipt of an application, or information sufficient to complete an application, the lender must provide the applicant with a clear and conspicuous written list of homeownership counseling organizations that provide relevant counseling services in the loan applicant's location. (12 CFR 1024.20) The Homeownership Counseling Organization Disclosure Sent Date (XX/XX/XXXX) is more than 3 business days from the Application Date (XX/XX/XXXX). Three business days from the Application Date is (XX/XX/XXXX). - Due Diligence Vendor-XX/XX/XXXX Open-The Homeownership Counseling Organization Disclosure Sent Date (XX/XX/XXXX) is more than 3 business days from the Application Date (XX/XX/XXXX). Three business days from the Application Date is (XX/XX/XXXX). Under 12 CFR 1024.20, not later than three business days after receipt of an application, or information sufficient to complete an application, the lender must provide the applicant with a clear and conspicuous written list of homeownership counseling organizations that provide relevant counseling services in the loan applicant's location. (12 CFR 1024.20) - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.LOX.pdf | XX | Primary Residence | Construction-Perm | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000459 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Tolerance:Disclosure | Federal - Loan Estimate Mailed/Delivered Within Three Business Days of Application | Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Hello, please see the attached attestation from the lender. - Seller-XX/XX/XXXX Counter-Received lender statement stating weekends do not count. Audit response: Provide verification the disclosure was provided within 3 days of the application date. If the lender is closed for business on Saturdays, provide a Lender Attestation confirming that the lender does not conduct business on Saturdays. Condition remains. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Hello, per the seller, "XX/XX/XXXX was a Thursday, XX/XX/XXXX was Friday (day 1) and XX/XX/XXXX-XX/XX/XXXX weekend (does not count), XX/XX/XXXX was Monday (day 2) and Tuesday day 3, the day received disclosures. Disclosures were done within 3 business days." - Seller-XX/XX/XXXX Open-The Initial Disclosure Date (XX/XX/XXXX) is more than 3 business days from the Application Date (XX/XX/XXXX). Three business days from the Application Date is (XX/XX/XXXX). Under Regulation Z, a Loan Estimate must be delivered or placed in the mail not later than the third business day after receiving a consumer's application.(12 CFR 1026.19(e)(1)(iii)) The application date is (XX/XX/XXXX); however, the initial disclosures were not provided until (XX/XX/XXXX). Provide evidence the lender was not open for business on Saturday for purposes of disclosure timing. Additional conditions may apply. - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX |
Ready for Review-Document Uploaded. Hello, please see the attached attestation from the lender. - Seller-XX/XX/XXXX Ready for Review-Document Uploaded. Hello, per the seller, "XX/XX/XXXX was a Thursday, XX/XX/XXXX was Friday (day 1) and XX/XX/XXXX-XX/XX/XXXX weekend (does not count), XX/XX/XXXX was Monday (day 2) and Tuesday day 3, the day received disclosures. Disclosures were done within 3 business days." - Seller-XX/XX/XXXX |
Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.LOX.pdf | XX | Primary Residence | Construction-Perm | NA | XXXXXXXXX | N/A | N/A | ||||
| AHMCCNF2000479 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Compliance | Tolerance:Disclosure | Federal - Homeownership Counseling Disclosure Delivery | Acknowledged-The Homeownership Counseling Organization Disclosure Sent Date (XX/XX/XXXX) is more than 3 business days from the Application Date (XX/XX/XXXX). Three business days from the Application Date is (XX/XX/XXXX). Under 12 CFR 1024.20, not later than three business days after receipt of an application, or information sufficient to complete an application, the lender must provide the applicant with a clear and conspicuous written list of homeownership counseling organizations that provide relevant counseling services in the loan applicant's location. (12 CFR 1024.20) As per mavent boilerplate No comment required - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX |
Acknowledged-The Homeownership Counseling Organization Disclosure Sent Date (XX/XX/XXXX) is more than 3 business days from the Application Date (XX/XX/XXXX). Three business days from the Application Date is (XX/XX/XXXX). Under 12 CFR 1024.20, not later than three business days after receipt of an application, or information sufficient to complete an application, the lender must provide the applicant with a clear and conspicuous written list of homeownership counseling organizations that provide relevant counseling services in the loan applicant's location. (12 CFR 1024.20) As per mavent boilerplate No comment required - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | ||||||
| AHMCCNF2000479 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Compliance | Disclosure | ECOA: Appraisal Disclosure Not Provided Timely | Acknowledged-ECOA Non-Compliant: Appraisal Disclosure Not Provided Timely. Appraisal Disclosure Not Provided Timely. - Due Diligence Vendor-XX/XX/XXXX | Acknowledged-ECOA Non-Compliant: Appraisal Disclosure Not Provided Timely. Appraisal Disclosure Not Provided Timely. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | ||||||
| AHMCCNF2000486 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Insurance | Hazard Insurance Effective Date is after the Disbursement Date | Resolved-Received Supplemental insurance with correct effective date of XX/XX/XXXX, condition resolved. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Good afternoon. Even with the increase in premium, the DTI goes from 40.38 to 40.71 which is within tolerance and would not require a resubmission. Please waive. Thank You. - Seller-XX/XX/XXXX Counter-Received Supplemental insurance with correct effective date of XX/XX/XXXX, however the policy premium has increased from $X,XXX.XX to $X,XXX.XX which will impact the DTI calculation. Kindly provide supplemental insurance policy with correct premium amount. Condition remains. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. HOI - Seller-XX/XX/XXXX Counter-Supplemental insurance with correct effective date was not uploaded, condition remains - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Uploaded supplemental insurance with correct effective date. - Buyer-XX/XX/XXXX Counter-There are two Hazard Insurance policies. HI used to qualify is for XXXXX, premium $X,XXX.XX, effective date XX/XX/XXXX. There is also HI from XXXXX, premium $X,XXX.XX, effective date XX/XX/XXXX. Please provide confirmation that Hazard Insurance the borrower is insured with is XXXXX in order to clear finding. - Due Diligence Vendor-XX/XX/XXXX Counter-Supplemental Insurance Effective Date of XX/XX/XXXX is after the Disbursement Date of XX/XX/XXXX. Condition Remains. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Provided HOI policy with "XXXXX". Policy period is XX/XX/XXXX - XX/XX/XXXX. The premium amount reflected is $X,XXX.XX. The final CD reflects the disbursement date as XX/XX/XXXX and the premium being paid to “XXXXX” for $X,XXX.XX, the HOI policy notes that XXXXX is an XXXXX company. The HOI is effective on or before disbursement which is acceptable. Thank You. - Seller-XX/XX/XXXX Counter-Provided document is for supplemental insurance and not hazard insurance on the subject property. Kindly provide hazard insurance policy document covering the disbursement date XX/XX/XXXX. Condition remains. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Per final CD disbursement XX/XX/XXXX. HOI period XX/XX/XXXX-XX/XX/XXXX. HOI is effective on or before disbursement. - Seller-XX/XX/XXXX Open-Hazard Insurance Effective Date of XX/XX/XXXX is after the Disbursement Date of XX/XX/XXXX - Due Diligence Vendor-XX/XX/XXXX |
Ready for Review-Good afternoon. Even with the increase in premium, the DTI goes from 40.38 to 40.71 which is within tolerance and would not require a resubmission. Please waive. Thank You. - Seller-XX/XX/XXXX Ready for Review-Document Uploaded. HOI - Seller-XX/XX/XXXX Ready for Review-Document Uploaded. Provided HOI policy with "XXXXX". Policy period is XX/XX/XXXX - XX/XX/XXXX. The premium amount reflected is $X,XXX.XX. The final CD reflects the disbursement date as XX/XX/XXXX and the premium being paid to “XXXXX” for $X,XXX.XX, the HOI policy notes that XXXXX is an XXXXX company. The HOI is effective on or before disbursement which is acceptable. Thank You. - Seller-XX/XX/XXXX Ready for Review-Document Uploaded. Per final CD disbursement XX/XX/XXXX. HOI period XX/XX/XXXX-XX/XX/XXXX. HOI is effective on or before disbursement. - Seller-XX/XX/XXXX |
Resolved-Received Supplemental insurance with correct effective date of XX/XX/XXXX, condition resolved. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.HOI and CD.pdf XXXXX.HOI and CD.pdf XXXXX.California Property HOI.pdf |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | ||||
| AHMCCNF2000486 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 1 - Information | Property | Value | S&P CU/LCA score and secondary product not within tolerance | Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Open-S&P CU/LCA score and secondary product not within tolerance. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | |||||||
| AHMCCNF2000494 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX | Acknowledged-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | ||||||
| AHMCCNF2000495 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Missing Doc | Required Documentation is Missing | Resolved-Received email communication stating REO listed 3B of final 1003 application is a commercial property, also received updated AUS and 1008 excluding the relevant property expenses. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Uploaded CL response, revised AUS and 1008. Removed the property from the REO as it is a commercial property and location of the borrowers business. - Buyer-XX/XX/XXXX Counter-REO listed 3B of final 1003 application lists Monthly Insurance, Taxes, Association dues, etc $X,XXX.XX which is also considered as negative net rental on AUS pg # 811, Lender provided tax verification document $X,XXX.XX / 12= $X,XXX.XX per month. Please provide documents to verify remaining expenses $X,XXX.XX. Condition remains. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Property is the borrower's business/commercial property venue. - Buyer-XX/XX/XXXX Open-Kindly provide the supporting documents for 3b REO property. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Received email communication stating REO listed 3B of final 1003 application is a commercial property, also received updated AUS and 1008 excluding the relevant property expenses. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Response.pdf XXXXX.Revised AUS and 1008.pdf |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000496 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | ||||||
| AHMCCNF2000504 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | TRID Tolerance | Lender Credits That Cannot Decrease Test (50001262) | Resolved-Received COC. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Please see attached CD COC Tracking - Buyer-XX/XX/XXXX Open-The baseline amount of non-specific (lump sum) lender credits and specific lender credits disclosed is $X,XXX.XX. The Last CD shows a total lender credit amount of $X,XXX.XX. The following fees "lender credits" have decreased below their baseline amounts (General Lender Credit). Non-specific lender credits are generalized payments that do not pay for a particular fee. Specific lender credits are specific payments to pay for a specific fee. The total amount of non-specific and specific lender credits cannot decrease unless a new disclosure is provided and there is a valid changed circumstance associated with the re-disclosure, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (12 CFR 1026.19(e)(3)(i) and comments 19(e)(3)(i)-5 and -6; 12 CFR 1026.19(f)(2)(v); 12 CFR 1026.37(g)(6); 12 CFR 1026.38(h)). The loan file did not contain a valid COC to support the decrease of General Lender Credit. No evidence of a tolerance cure was provided in file. A tolerance cure of $X,XXX.XX is required. - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Received COC. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.CD COC Tracking.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000504 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | TRID Tolerance | Lender Credits That Cannot Decrease Test (50001261) | Resolved-Received COC. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Please see attached CD COC Tracking - Buyer-XX/XX/XXXX Open-The baseline amount of non-specific (lump sum) lender credits and specific lender credits is $X,XXX.XX. The actual total fee amount shows a credit amount of $X,XXX.XX. The following actual fees submitted as "lender credits" have decreased below their baseline amounts (General Lender Credit). Non-specific lender credits are generalized payments that do not pay for a particular fee. Specific lender credits are specific payments to pay for a specific fee. The total amount of non-specific and specific lender credits cannot decrease unless a new disclosure is provided and there is a valid changed circumstance associated with the re-disclosure. (12 CFR 1026.19e)(3) and comments 19(e)(3)-5 and -6; 12 CFR 1026.37(g)(6); 12 CFR 1026.38(h)). The loan file did not contain a valid COC to support the decrease of General Lender Credit. No evidence of a tolerance cure was provided in file. A tolerance cure of $X,XXX.XX is required. - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Received COC. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.CD COC Tracking.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000506 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Missing Doc | Missing Documentation 1 | Resolved-Received documents explaining other expenses $X,XXX.XX is difference of estimated future property taxes v/s considered tax amount as subject is a new construction. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. "other" expense is property taxes. Please see attached documentation. Thank You. - Buyer-XX/XX/XXXX Counter-No documents received, condition remains. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Uploaded documentation. - Buyer-XX/XX/XXXX Open-Missing documentation for subject property other expense $X,XXX.XX - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Received documents explaining other expenses $X,XXX.XX is difference of estimated future property taxes v/s considered tax amount as subject is a new construction. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.LOE.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000506 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Compliance | Missing Doc | RESPA: Toolkit Missing or Incomplete | Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. XX/XX/XXXX: Please see attached Disclosure tracking detail confirming the Toolkit was provided. - Buyer-XX/XX/XXXX Open-RESPA: Toolkit Missing or Incomplete. Home loan tool kit missing - Due Diligence Vendor-XX/XX/XXXX |
Acknowledged- - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.ToolkitDisclosure Tracking.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | |||||
| AHMCCNF2000512 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Missing Doc | Privacy Notice Required - Missing or Incomplete | Resolved-Privacy Notice provided. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Disclosure Notices uploaded - Buyer-XX/XX/XXXX Open-Privacy Notice Required - Missing or Incomplete. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Privacy Notice provided. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Privacy Notice.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000512 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Property | Value | Missing Post Close Valuation - 1 | Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX Open-A valid secondary valuation supporting the origination appraisal value is not present. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | ||||||
| AHMCCNF2000513 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Compliance | Missing Doc | ECOA: Most Recent Primary Appraisal Not Provided to Applicant | Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Counter-1002.14 - Rules on Providing Appraisals and Valuations 7. Multiple versions of appraisals or valuations. For purposes of § 1002.14(a)(1), the reference to “all” appraisals and other written valuations does not refer to all versions of the same appraisal or other valuation. If a creditor has received multiple versions of an appraisal or other written valuation, the creditor is required to provide only a copy of the latest version received. If, however, a creditor already has provided a copy of one version of an appraisal or other written valuation to an applicant, and the creditor later receives a revision of that appraisal or other written valuation, then the creditor also must provide the applicant with a copy of the revision to comply with § 1002.14(a)(1). If a creditor receives only one version of an appraisal or other valuation that is developed in connection with the applicant's application, then that version must be provided to the applicant to comply with § 1002.14(a)(1). See also comment 14(a)(1)-4 above. Condition remains. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Hello, Please See attached LOE: The updated appraisal dated XX/XX/XXXX does not reflect any material changes to the appraisal report or the appraised value. The revision was made to address a clerical omission in the original appraisal, which did not include a sketch representation of the basement. Pursuant to ECOA appraisal delivery requirements, clerical or administrative corrections that do not affect the property's value, analysis, or conclusions are not considered a new appraisal and are not required to be re-delivered to the borrower. Please see the applicable regulatory guidance confirming that clerical updates do not require redisclosure. Regulatory Reference: 12 CFR § 1002.14(a)(5) (ECOA Valuations Rule) - Buyer-XX/XX/XXXX Counter-Received verification the appraisal was delivered XX/XX/XXXX. The most recent appraisal is signed/dated XX/XX/XXXX. Provide verification the most recent appraisal was delivered. Condition remains. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Please see attached Appraisal Proof of delivery - Buyer-XX/XX/XXXX Open-ECOA Non-Compliant: Most Recent Primary Appraisal Not Provided to Applicant. Most Recent Primary Appraisal Date of XX/XX/XXXX is after the Primary Appraisal Delivery Date of XX/XX/XXXX. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.proof_of_delivery.pdf XXXXX.LOE.pdf |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | ||||||
| AHMCCNF2000514 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX | Acknowledged-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | ||||||
| AHMCCNF2000515 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Predatory:LateFees | Federal - Maximum Late Fee (01/14) | Resolved-Per XXXXX, XX/XX/XXXX, we received an attestation from XXXXX regarding the Rate reduction basis. - Due Diligence Vendor-XX/XX/XXXX Open-. - Due Diligence Vendor-XX/XX/XXXX Open-It appears a Bona Fide Discount Points Rate Reduction Basis of 125% was used instead of 0.20% which is industry standard. Per the CFBP, the creditor must establish that its interest rate reduction is consistent with established industry practices by showing that its calculation complies with requirements prescribed in Fannie Mae or Freddie Mac guidelines for interest rate reductions from bona fide discount points. Therefore, Discount Points cannot be deemed bona fide. - Due Diligence Vendor-XX/XX/XXXX Rescinded-You submitted a late fee amount of $X,XXX.XX and a (5.0%) Late Fee Percent. In connection with a Federal High-Cost Mortgage any late payment charge must be specifically permitted by the terms of the loan contract or open-end credit agreement and may not exceed 4% of the amount of the payment past due. No such charge may be imposed more than once for a single late payment. (12 CFR 1026.34(a)(8)(i)) Mavent failed due to discount point not being included. Mavent is unable to capture fees excluded. - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Per XXXXX, XX/XX/XXXX, we received an attestation from XXXXX regarding the Rate reduction basis. - Due Diligence Vendor-XX/XX/XXXX Rescinded-You submitted a late fee amount of $X,XXX.XX and a (5.0%) Late Fee Percent. In connection with a Federal High-Cost Mortgage any late payment charge must be specifically permitted by the terms of the loan contract or open-end credit agreement and may not exceed 4% of the amount of the payment past due. No such charge may be imposed more than once for a single late payment. (12 CFR 1026.34(a)(8)(i)) Mavent failed due to discount point not being included. Mavent is unable to capture fees excluded. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Refinance | Cash Out - Home Improvement/Reno | XXXXXXXXX | N/A | N/A | ||||||
| AHMCCNF2000515 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Mavent | HighCost: APR/FEES | Resolved-Per XXXXX, XX/XX/XXXX, we received an attestation from XXXXX regarding the Rate reduction basis. - Due Diligence Vendor-XX/XX/XXXX Open-It appears a Bona Fide Discount Points Rate Reduction Basis of .125% was used instead of 0.20% which is industry standard. Per the CFBP, the creditor must establish that its interest rate reduction is consistent with established industry practices by showing that its calculation complies with requirements prescribed in Fannie Mae or Freddie Mac guidelines for interest rate reductions from bona fide discount points. Therefore, Discount Points cannot be deemed bona fide. - Due Diligence Vendor-XX/XX/XXXX Rescinded-The loan fees $X,XXX.XX exceed the (FED2014) (Note Amount >=$X,XXX.XX) fee limit, which is 5% of the Total Loan Amount $X,XXX.XX, the difference is $X,XXX.XX. (12 CFR 1026.32). Mavent failed due to discount point not being included. Mavent is unable to capture fees excluded. - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Per XXXXX, XX/XX/XXXX, we received an attestation from XXXXX regarding the Rate reduction basis. - Due Diligence Vendor-XX/XX/XXXX Rescinded-The loan fees $X,XXX.XX exceed the (FED2014) (Note Amount >=$X,XXX.XX) fee limit, which is 5% of the Total Loan Amount $X,XXX.XX, the difference is $X,XXX.XX. (12 CFR 1026.32). Mavent failed due to discount point not being included. Mavent is unable to capture fees excluded. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Refinance | Cash Out - Home Improvement/Reno | XXXXXXXXX | N/A | N/A | ||||||
| AHMCCNF2000515 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Predatory:Restrictions | Federal - Section 32 Disclosure Required (High Cost) | Resolved-Per XXXXX, XX/XX/XXXX, we received an attestation from XXXXX regarding the Rate reduction basis. - Due Diligence Vendor-XX/XX/XXXX Open-. - Due Diligence Vendor-XX/XX/XXXX Open-It appears a Bona Fide Discount Points Rate Reduction Basis of .125% was used instead of 0.20% which is industry standard. Per the CFBP, the creditor must establish that its interest rate reduction is consistent with established industry practices by showing that its calculation complies with requirements prescribed in Fannie Mae or Freddie Mac guidelines for interest rate reductions from bona fide discount points. Therefore, Discount Points cannot be deemed bona fide. - Due Diligence Vendor-XX/XX/XXXX Rescinded-This is a Federal High Cost Loan. Since the loan file does not contain a Section 32 Sign Date, the System assumes the creditor did not furnish the Federal High Cost Section 32 disclosures at least 3 business days prior to consummation, in violation of Reg Z. (12 CFR 1026.31(c) and 1026.32(c)) Mavent failed due to discount point not being included. Mavent is unable to capture fees excluded. - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Per XXXXX, XX/XX/XXXX, we received an attestation from XXXXX regarding the Rate reduction basis. - Due Diligence Vendor-XX/XX/XXXX Rescinded-This is a Federal High Cost Loan. Since the loan file does not contain a Section 32 Sign Date, the System assumes the creditor did not furnish the Federal High Cost Section 32 disclosures at least 3 business days prior to consummation, in violation of Reg Z. (12 CFR 1026.31(c) and 1026.32(c)) Mavent failed due to discount point not being included. Mavent is unable to capture fees excluded. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Refinance | Cash Out - Home Improvement/Reno | XXXXXXXXX | N/A | N/A | ||||||
| AHMCCNF2000515 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Mavent | AbilityToRepay: QMPointsAndFees | Resolved-Per XXXXX, XX/XX/XXXX, we received an attestation from XXXXX regarding the Rate reduction basis. - Due Diligence Vendor-XX/XX/XXXX Open-It appears a Bona Fide Discount Points Rate Reduction Basis of .125% was used instead of 0.20% which is industry standard. Per the CFBP, the creditor must establish that its interest rate reduction is consistent with established industry practices by showing that its calculation complies with requirements prescribed in Fannie Mae or Freddie Mac guidelines for interest rate reductions from bona fide discount points. Therefore, Discount Points cannot be deemed bona fide. - Due Diligence Vendor-XX/XX/XXXX Rescinded-The loan fees $X,XXX.XX exceed the (QM) (Note Amount >=$X,XXX.XX) fee limit, which is 3% of the Total Loan Amount $X,XXX.XX, the difference is $X,XXX.XX. (12 CFR 1026.43(e)(3). Mavent failed due to discount point not being included. Mavent is unable to capture fees excluded. - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Per XXXXX, XX/XX/XXXX, we received an attestation from XXXXX regarding the Rate reduction basis. - Due Diligence Vendor-XX/XX/XXXX Rescinded-The loan fees $X,XXX.XX exceed the (QM) (Note Amount >=$X,XXX.XX) fee limit, which is 3% of the Total Loan Amount $X,XXX.XX, the difference is $X,XXX.XX. (12 CFR 1026.43(e)(3). Mavent failed due to discount point not being included. Mavent is unable to capture fees excluded. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Refinance | Cash Out - Home Improvement/Reno | XXXXXXXXX | N/A | N/A | ||||||
| AHMCCNF2000526 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Missing Doc | RESPA: Toolkit Missing or Incomplete | Resolved-RESPA: Toolkit provided. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Please see attached Toolkit and toolkit tracking - Buyer-XX/XX/XXXX Open-RESPA: Toolkit Missing or Incomplete. Toolkit is Missing - Due Diligence Vendor-XX/XX/XXXX |
Resolved-RESPA: Toolkit provided. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.ToolkitTracking.pdf XXXXX.Toolkit.pdf |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000526 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Property | Property | Property in Disaster Area – Property located in a FEMA declared disaster area. Inspection post incident date was not provided | Resolved-Lender provided PDI. No damage. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Uploaded Inspection report. No damage to property - Buyer-XX/XX/XXXX Open-Subject property is in recent disaster area and there is no post incident inspection - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Lender provided PDI. No damage. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Disaster Inspection.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000531 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Missing Doc | Missing Payoff Statement for prior loan | Resolved-Payoff Statement for prior loan provided. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. uploaded payoff statement - Buyer-XX/XX/XXXX Open-Missing Payoff Statement for prior loan. Mortgage loan pay off is missing in file - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Payoff Statement for prior loan provided. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Payoff.pdf | XX | Primary Residence | Refinance | Cash Out - Other | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000531 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Compliance | Missing Doc | ECOA: Most Recent Primary Appraisal Not Provided to Applicant | Acknowledged-ECOA Non-Compliant: Most Recent Primary Appraisal Not Provided to Applicant. Appraisal disclosure provided - Due Diligence Vendor-XX/XX/XXXX | Acknowledged-ECOA Non-Compliant: Most Recent Primary Appraisal Not Provided to Applicant. Appraisal disclosure provided - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Refinance | Cash Out - Other | XXXXXXXXX | Investor Post-Close | No | ||||||
| AHMCCNF2000537 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Compliance | Disclosure | ECOA: Appraisal Not Provided to Applicant | Acknowledged-ECOA Non-Compliant: Appraisal present; no evidence appraisal was provided to applicant. - Due Diligence Vendor-XX/XX/XXXX | Acknowledged-ECOA Non-Compliant: Appraisal present; no evidence appraisal was provided to applicant. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | ||||||
| AHMCCNF2000537 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Compliance | Missing Doc | Privacy Notice Required - Missing or Incomplete | Acknowledged-Privacy Notice Required - Missing or Incomplete. Privacy Notice Missing. - Due Diligence Vendor-XX/XX/XXXX | Acknowledged-Privacy Notice Required - Missing or Incomplete. Privacy Notice Missing. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | ||||||
| AHMCCNF2000538 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | TRID Tolerance | Insufficient Change of Circumstance (50001252) | Resolved-Received COCs dated XX/XX/XXXX and XX/XX/XXXX. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Please See attached COC's for Discount Point Fee and Credit Report increase - Buyer-XX/XX/XXXX Open-The amounts disclosed on the last Closing Disclosure for the following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the last Closing Disclosure and placed within the Cannot Increase Category: Points - Loan Discount Fee, Credit Report Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4); 12 CFR 1026.19(f)(2)(v)). Valid COC is not available in file. - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Received COCs dated XX/XX/XXXX and XX/XX/XXXX. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.COC XX/XX/XXXX.pdf XXXXX.COC2.pdf |
XX | Primary Residence | Refinance | Limited Cash Out - <1% of Loan Amount or $2000 | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000538 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | TRID Tolerance | Charges That Cannot Increase Test (50001251) | Resolved-Received COCs dated XX/XX/XXXX and XX/XX/XXXX. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Please See attached COC's for Discount Point Fee and Credit Report increase - Buyer-XX/XX/XXXX Open-The following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the Cannot Increase Category: Points - Loan Discount Fee, Credit Report Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4)). Valid COC is not available in file. - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Received COCs dated XX/XX/XXXX and XX/XX/XXXX. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.COC2.pdf XXXXX.COC XX/XX/XXXX.pdf |
XX | Primary Residence | Refinance | Limited Cash Out - <1% of Loan Amount or $2000 | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000554 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Compliance | Missing Doc | ECOA: Most Recent Primary Appraisal Not Provided to Applicant | Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Counter-Received verification the appraisal was sent to the borrower XX/XX/XXXX which is after the closing date of XX/XX/XXXX. Provide verification the XX/XX/XXXX appraisal was provided 3 days prior to closing. Condition remains. - Due Diligence Vendor-XX/XX/XXXX Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. XX/XX/XXXX: The Appraisal POD has been uploaded for your review. - Buyer-XX/XX/XXXX Open-ECOA Non-Compliant: Most Recent Primary Appraisal Not Provided to Applicant. appraisal delivery is before the prim appraisal date pg 62 - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Revised AppraisalPOD.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | ||||||
| AHMCCNF2000554 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Compliance | Missing Doc | RESPA: Toolkit Missing or Incomplete | Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Counter-Received a copy of the Toolkit with no date or loan number. Provide verification the Toolkit was provided timely. Condition remains. - Due Diligence Vendor-XX/XX/XXXX Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. XX/XX/XXXX: The Home Loan Toolkit has been uploaded for your review. - Buyer-XX/XX/XXXX Open-RESPA: Toolkit Missing or Incomplete. Toolkit is Missing. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Toolkit.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | ||||||
| AHMCCNF2000556 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | QM-ATR | ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements | Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. supporting documents uploaded. - Buyer-XX/XX/XXXX Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements Requirement not met - We are unable to identify the specific income source qualifying the B1. As per Final 1003, Other Income is reflected as $X,XXX.XX. However, the LP Findings do not identify any income documentation requirement for this income source. Therefore, a review was conducted to determine the verified source of income. Based on the documentation provided in the file, it was observed that the borrower had ownership interest in a company since XXXX. In XXXX, the borrower sold the business, and subsequent account activity confirms that the proceeds from the sale of the business were deposited into the borrower's personal bank account. To support the source of funds/income, the Agreement of Sale was reviewed. Based on the available documentation, the reported Other Income appears to be associated with the proceeds received from the sale of the borrower's business. Support documents: page#96, 728. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Income.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000556 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Income/Employment | Income 1 Months Income Verified is Missing | Resolved-Income 1 Months Income Verified is received, condition resolved. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Uploaded supporting documents. - Buyer-XX/XX/XXXX Open-Income 1 Months Income Verified is Missing We are unable to identify the specific income source qualifying the borrower 1 . - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Income 1 Months Income Verified is received, condition resolved. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Income.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000555 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | QM-ATR | ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements | Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Executed final Settlement Statement for the sale of prior residence uploaded - Buyer-XX/XX/XXXX Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements Pending sale property XXXXX: Final HUD/Settlement Statement document is not available in the file - Due Diligence Vendor-XX/XX/XXXX |
Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.HUD I sale prior residence.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000555 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Assets | Insufficient asset documentation in file - assets do not cover closing costs | Resolved-Sufficient asset documentation provided. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Executed final Settlement Statement for the sale of prior residence uploaded - Buyer-XX/XX/XXXX Open-Insufficient asset documentation in file - assets do not cover closing costs. Pending sale property XXXXX: Final HUD/Settlement Statement document is not available in the file - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Sufficient asset documentation provided. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.HUD I sale prior residence.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000555 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Property | Property | Loan approved with appraisal waiver, PIW grading applies | Acknowledged-Value grade equals B, loan approved with a PIW. - Due Diligence Vendor-XX/XX/XXXX | Acknowledged-Value grade equals B, loan approved with a PIW. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | ||||||
| AHMCCNF2000567 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Property | Value | Missing Post Close Valuation - 1 | Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX Open-A valid secondary valuation supporting the origination appraisal value is not present. CU and LCA value is not within tolerance. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | ||||||
| AHMCCNF2000567 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | ||||||
| AHMCCNF2000573 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Disclosure | E-Consent documentation is missing for borrower(s) | Resolved-E-Consent documentation for borrower(s) provided. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Please see attached E-consent - Buyer-XX/XX/XXXX Open-E-Consent documentation is missing for borrower(s). E-Consent documentation is missing for B1 and B2 - Due Diligence Vendor-XX/XX/XXXX |
Resolved-E-Consent documentation for borrower(s) provided. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Econsent.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000574 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Open-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | |||||||
| AHMCCNF2000577 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Missing Doc | Required Documentation is Missing | Resolved-Received updated 1008 approval, condition resolved. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-The difference in the payment in the amount of $X,XXX.XX would not require the AUS to be re-ran as it is within 3% tolerance. In addition, the removal of the $X,XXX.XX results in a lower payment to the borrower and lower ratios. - Buyer-XX/XX/XXXX Counter-Received updated 1008 approval document, kindly provide updated / corrected AUS with the revised PITIA, condition remains. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Received updated 1008 approval document, kindly provide updated / corrected AUS with the revised PITIA, condition remains. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Uploaded revised 1008 removing MI. - Buyer-XX/XX/XXXX Counter-1008 approval shows mortgage insurance of $X,XXX.XX, proposed housing payment on AUS includes this amount but doesn't specify mortgage insurance. Also, final closing disclosure indicates there is no mortgage insurance on file. Kindly provide details of $X,XXX.XX listed on 1008 also provide updated / corrected 1008. Additional conditions may apply. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Conventional purchase. LTV 80%. MI is not required. Loan does not have impounds. Please waive. - Buyer-XX/XX/XXXX Open-Required document for $X,XXX.XX which is mentioned as mortgage insurance on 1008 is missing in file - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Received updated 1008 approval, condition resolved. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.1008.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000582 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | QM-ATR | ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements | Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-XX/XX/XXXX Resolved-Received W-2 for XXXX, condition resolved. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. B1 XXXX W2 from XXXXX uploaded - Buyer-XX/XX/XXXX Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements XXXX Year-end paystub or XXXX W-2 are not available for XXXXX - Due Diligence Vendor-XX/XX/XXXX |
Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-XX/XX/XXXX Resolved-Received W-2 for XXXX, condition resolved. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.B1 XXXX W2 XXXXX.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000582 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Missing Doc | Required Documentation is Missing | Resolved-Received W-2 for XXXX, condition resolved. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. B1 XXXX W2 from XXXXX uploaded - Buyer-XX/XX/XXXX Open-XXXX Year-end paystub or XXXX W-2 are not available for XXXXX - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Received W-2 for XXXX, condition resolved. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.B1 XXXX W2 XXXXX.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000584 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Missing Doc | Missing Evidence of Insurance for REO | Resolved-Insurance document received for REO 3A, condition resolved. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. HOI on prior residence (3a) uploaded - Buyer-XX/XX/XXXX Open-Missing Evidence of Hazard Insurance for Reo property 3a on final application - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Insurance document received for REO 3A, condition resolved. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.HOI prior residence 3a.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000600 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Disclosure | ECOA: Appraisal Not Provided to Applicant | Resolved-ECOA Compliant: Appraisal present; evidence appraisal was provided to applicant. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Hello, Please see attached Appraisal proof of delivery - Buyer-XX/XX/XXXX Open-ECOA Non-Compliant: Appraisal present; no evidence appraisal was provided to applicant. Appraisal present; no evidence appraisal was provided to applicant. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-ECOA Compliant: Appraisal present; evidence appraisal was provided to applicant. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.appraisal tracking.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000600 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Missing Doc | Missing Mortgage Riders - Other Rider | Resolved-Received Fixed Interest Rate Rider, condition resolved. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Received Fixed Interest Rate Rider, condition resolved. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Uploaded fixed rate rider. - Buyer-XX/XX/XXXX Open-Missing Mortgage Rider - Other Rider Missing Fixed Interest Rate Rider. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Received Fixed Interest Rate Rider, condition resolved. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Fixed Rate Rider.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000600 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Compliance | Missing Doc | Privacy Notice Required - Missing or Incomplete | Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Please see attached Privacy Notice - Seller-XX/XX/XXXX Open-Privacy Notice Required - Missing or Incomplete. Privacy Notice is Missing - Due Diligence Vendor-XX/XX/XXXX |
Ready for Review-Document Uploaded. Please see attached Privacy Notice - Seller-XX/XX/XXXX |
Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Acknowledged- - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.private policy.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | ||||
| AHMCCNF2000601 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Tolerance:Disclosure | Federal - Homeownership Counseling Disclosure Delivery | Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. XX/XX/XXXX: Please see the uploaded Lender LOE stating they are closed for Business on Saturdays, there for the Homeownership Counseling Disclosure was provided within 3 business days of the loan application. - Buyer-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open-The Homeownership Counseling Organization Disclosure Sent Date (XX/XX/XXXX) is more than 3 business days from the Application Date (XX/XX/XXXX). Three business days from the Application Date is (XX/XX/XXXX). Under 12 CFR 1024.20, not later than three business days after receipt of an application, or information sufficient to complete an application, the lender must provide the applicant with a clear and conspicuous written list of homeownership counseling organizations that provide relevant counseling services in the loan applicant's location. (12 CFR 1024.20) . - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Lender LOE.pdf | XX | Primary Residence | Refinance | Limited Cash Out - <1% of Loan Amount or $2000 | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000601 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Tolerance:Disclosure | Federal - Loan Estimate Mailed/Delivered Within Three Business Days of Application | Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. XX/XX/XXXX: Please see the uploaded Lender LOE stating they are closed for Business on Saturdays; therefore, the Loan Estimate was provided within 3 business days of the loan application. - Seller-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open-The Initial Disclosure Date (XX/XX/XXXX) is more than 3 business days from the Application Date (XX/XX/XXXX). Three business days from the Application Date is (XX/XX/XXXX). Under Regulation Z, a Loan Estimate must be delivered or placed in the mail not later than the third business day after receiving a consumer's application.(12 CFR 1026.19(e)(1)(iii)) . - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX |
Ready for Review-Document Uploaded. XX/XX/XXXX: Please see the uploaded Lender LOE stating they are closed for Business on Saturdays; therefore, the Loan Estimate was provided within 3 business days of the loan application. - Seller-XX/XX/XXXX |
Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Lender LOE.pdf | XX | Primary Residence | Refinance | Limited Cash Out - <1% of Loan Amount or $2000 | XXXXXXXXX | N/A | N/A | ||||
| AHMCCNF2000604 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Property | Property | Loan approved with appraisal waiver, PIW grading applies | Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Open-Value grade equals B, loan approved with a PIW. loan approved with a PIW. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Refinance | Limited Cash Out - <1% of Loan Amount or $2000 | XXXXXXXXX | Investor Post-Close | No | |||||||
| AHMCCNF2000604 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Property | Value | Secondary valuation supports within 10%, PIW grading applies | Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Open-Secondary valuation support within 10%, PIW in file for a GSE loan. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Refinance | Limited Cash Out - <1% of Loan Amount or $2000 | XXXXXXXXX | Investor Post-Close | No | |||||||
| AHMCCNF2000604 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Property | Value | Missing Post Close Valuation - 1 | Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX Open-A valid secondary valuation supporting the origination appraisal value is not present. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Refinance | Limited Cash Out - <1% of Loan Amount or $2000 | XXXXXXXXX | N/A | N/A | ||||||
| AHMCCNF2000606 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Missing Doc | ECOA: Most Recent Primary Appraisal Not Provided to Applicant | Resolved-ECOA Compliant: Evidence provided of delivery of most recent primary appraisal to applicant. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. XX/XX/XXXX: Please see the uploaded Lender LOE regarding the Most Resent Appraisal dated XX/XX/XXXX. - Buyer-XX/XX/XXXX Open-ECOA Non-Compliant: Most Recent Primary Appraisal Not Provided to Applicant. ECOA: Most Recent Primary Appraisal Date of <<XX/XX/XXXX>> is after the Primary Appraisal Delivery Date of <<XX/XX/XXXX>>.. Also, we do not have Signed Acknowledgement Receipt in file - Due Diligence Vendor-XX/XX/XXXX |
Resolved-ECOA Compliant: Evidence provided of delivery of most recent primary appraisal to applicant. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Lender LOE.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000620 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Property | Property | Loan approved with appraisal waiver, PIW grading applies | Acknowledged-Value grade equals B, loan approved with a PIW. - Due Diligence Vendor-XX/XX/XXXX | Acknowledged-Value grade equals B, loan approved with a PIW. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | ||||||
| AHMCCNF2000623 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Property | Property | Loan approved with appraisal waiver, PIW grading applies | Acknowledged-Value grade equals B, loan approved with a PIW. - Due Diligence Vendor-XX/XX/XXXX | Acknowledged-Value grade equals B, loan approved with a PIW. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | Investor Post-Close | No | ||||||
| AHMCCNF2000645 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Missing Doc | Missing evidence of sale of other property owned (REO) | Resolved-Received final closing disclosure for sale of REO 3b, condition resolved. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Uploaded closing disclosure reflecting sale of property and evidence lien was paid. - Buyer-XX/XX/XXXX Open-Final Hud-1, Closing documents, or other evidence of sale from property listed in position REO Property #3b for B2 B2 borrower on the application evidencing liens paid was not provided. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Received final closing disclosure for sale of REO 3b, condition resolved. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Seller Closing Disclosure.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000645 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | QM-ATR | ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements | Resolved-ATR Risk - Current Income or Current Assets were considered Received final closing disclosure for sale of REO 3b, condition resolved. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Uploaded closing disclosure from sale of REO. - Buyer-XX/XX/XXXX Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements The final settlement statement for REO Property #3b is missing from the file. The property is currently reflected as Pending Sale, and the 1003 indicates net proceeds of $X,XXX.XX from the transaction. Please provide the final settlement statement evidencing the sale and supporting the reported net proceeds. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-ATR Risk - Current Income or Current Assets were considered Received final closing disclosure for sale of REO 3b, condition resolved. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Seller Closing Disclosure.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000645 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Assets | Asset 2 Does Not Meet Guideline Requirements | Resolved-Asset Record 2 Does Not Meet G/L Requirements Received final closing disclosure for sale of REO 3b, condition resolved. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Uploaded Closing Disclosure to support sale and net proceeds. - Buyer-XX/XX/XXXX Open-Asset Record 2 Does Not Meet G/L Requirements The final settlement statement for REO Property #3b is missing from the file. The property is currently reflected as Pending Sale, and the 1003 indicates net proceeds of $X,XXX.XX from the transaction. Please provide the final settlement statement evidencing the sale and supporting the reported net proceeds. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Asset Record 2 Does Not Meet G/L Requirements Received final closing disclosure for sale of REO 3b, condition resolved. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Seller Closing Disclosure.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000645 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Assets | Insufficient asset documentation in file - assets do not cover closing costs | Resolved-Sufficient asset documentation provided. Received final closing disclosure for sale of REO 3b, condition resolved. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Uploaded Closing Disclosure from sale of REO supporting net proceeds of $X,XXX.XX. - Seller-XX/XX/XXXX Open-Insufficient asset documentation in file - assets do not cover closing costs. Verified assets of $X,XXX.XX less cash to close of $X,XXX.XX and results in shortage of funds to close. - Due Diligence Vendor-XX/XX/XXXX |
Ready for Review-Document Uploaded. Uploaded Closing Disclosure from sale of REO supporting net proceeds of $X,XXX.XX. - Seller-XX/XX/XXXX |
Resolved-Sufficient asset documentation provided. Received final closing disclosure for sale of REO 3b, condition resolved. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Seller Closing Disclosure.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | ||||
| AHMCCNF2000703 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Disclosure | ECOA: Appraisal Not Provided to Applicant | Resolved-ECOA Compliant: Appraisal present; evidence appraisal was provided to applicant. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. XX/XX/XXXX: Please see uploaded appraisal POD. - Buyer-XX/XX/XXXX Open-ECOA Non-Compliant: Appraisal present; no evidence appraisal was provided to applicant. Appraisal proof of delivery is not in file - Due Diligence Vendor-XX/XX/XXXX |
Resolved-ECOA Compliant: Appraisal present; evidence appraisal was provided to applicant. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Appraisal POD.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000706 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Tolerance:Disclosure | Federal - Homeownership Counseling Disclosure Delivery | Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. XX/XX/XXXX: Please see the uploaded Lender LOE confirming they are closed for business on Saturdays therefore the Homeownership Counseling Disclosure was provided within 3-business days of the loan application. - Seller-XX/XX/XXXX Open-The Homeownership Counseling Organization Disclosure Sent Date (XX/XX/XXXX) is more than 3 business days from the Application Date (XX/XX/XXXX). Three business days from the Application Date is (XX/XX/XXXX). Under 12 CFR 1024.20, not later than three business days after receipt of an application, or information sufficient to complete an application, the lender must provide the applicant with a clear and conspicuous written list of homeownership counseling organizations that provide relevant counseling services in the loan applicant's location. (12 CFR 1024.20) The Homeownership Counseling Organization Disclosure Sent Date (XX/XX/XXXX) is more than 3 business days from the Application Date (XX/XX/XXXX). Dates updated as per document - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX |
Ready for Review-Document Uploaded. XX/XX/XXXX: Please see the uploaded Lender LOE confirming they are closed for business on Saturdays therefore the Homeownership Counseling Disclosure was provided within 3-business days of the loan application. - Seller-XX/XX/XXXX |
Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Lender LOE.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | ||||
| AHMCCNF2000706 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Tolerance:Disclosure | Federal - Loan Estimate Mailed/Delivered Within Three Business Days of Application | Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. XX/XX/XXXX: Please see the uploaded Lender LOE confirming they are closed for business on Saturdays therefore the Loan Estimate was provided within 3-business days of the loan application. - Seller-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open-The Initial Disclosure Date (XX/XX/XXXX) is more than 3 business days from the Application Date (XX/XX/XXXX). Three business days from the Application Date is (XX/XX/XXXX). Under Regulation Z, a Loan Estimate must be delivered or placed in the mail not later than the third business day after receiving a consumer's application.(12 CFR 1026.19(e)(1)(iii)) The Initial Disclosure Date (XX/XX/XXXX) is more than 3 business days from the Application Date (XX/XX/XXXX) Dates are updated as per documents - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX |
Ready for Review-Document Uploaded. XX/XX/XXXX: Please see the uploaded Lender LOE confirming they are closed for business on Saturdays therefore the Loan Estimate was provided within 3-business days of the loan application. - Seller-XX/XX/XXXX |
Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Lender LOE.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | ||||
| AHMCCNF2000708 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Missing Doc | Privacy Notice Required - Missing or Incomplete | Resolved-Privacy Notice provided. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-XX/XX/XXXX: The Privacy Notice has been uploaded for your review. - Buyer-XX/XX/XXXX Open-Privacy Notice Required - Missing or Incomplete. Privacy Notice Required - Missing or Incomplete - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Privacy Notice provided. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Private Notice.pdf | XX | Primary Residence | Refinance | Cash Out - Other | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000745 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Property | Value | Missing Post Close Valuation - 1 | Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX Open-A valid secondary valuation supporting the origination appraisal value is not present. secondary valuation supporting is missing - Due Diligence Vendor-XX/XX/XXXX |
Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | ||||||
| AHMCCNF2000746 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged- - Due Diligence Vendor-XX/XX/XXXX Open-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Refinance | Cash Out - Other | XXXXXXXXX | Investor Post-Close | No | |||||||
| AHMCCNF2000746 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Eligibility | Audited DTI Exceeds AUS DTI | Resolved-Audited DTI of 45.06% is less than or equal to AUS DTI of 45.06% - Due Diligence Vendor-XX/XX/XXXX Counter-DTI as per AUS is 44.96% and audited DTI ss 45.06%. As per FNMA since AUS DTI is <45% the tolerance cannot exceed 45% benchmark. DTI variance is due to tax amount considered for subject property, kindly provide tax verification document considered at origination or provide updated / correct 1008 & AUS. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Uploaded corrected AUS and 1008. - Buyer-XX/XX/XXXX Ready for Review-The difference in DTI is within tolerance and would not require re -submission. - Buyer-XX/XX/XXXX Open-Audited DTI of 45.06% exceeds AUS DTI of 45% Audit reflects difference in subject property taxes per documents in the loan file. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Audited DTI of 45.06% is less than or equal to AUS DTI of 45.06% - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.AUS and 1008.pdf | XX | Primary Residence | Refinance | Cash Out - Other | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000746 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Property | Value | Missing Post Close Valuation - 1 | Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX Open-A valid secondary valuation supporting the origination appraisal value is not present. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Refinance | Cash Out - Other | XXXXXXXXX | N/A | N/A | ||||||
| AHMCCNF2000752 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Compliance | Missing Doc | ECOA: Most Recent Primary Appraisal Not Provided to Applicant | Acknowledged-ECOA Non-Compliant: Most Recent Primary Appraisal Not Provided to Applicant. - Due Diligence Vendor-XX/XX/XXXX | Acknowledged-ECOA Non-Compliant: Most Recent Primary Appraisal Not Provided to Applicant. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Refinance | Cash Out - Other | XXXXXXXXX | Investor Post-Close | No | ||||||
| AHMCCNF2000755 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Property | Value | Missing Post Close Valuation - 1 | Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX Open-A valid secondary valuation supporting the origination appraisal value is not present. CU score more than 2.5 post close valuation is required - Due Diligence Vendor-XX/XX/XXXX |
Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | ||||||
| AHMCCNF2000755 | XXXXX | XXXXXXXXX | Seller | XX/XX/XXXX | XX/XX/XXXX | Open | 3 - Material | Compliance | TRID Tolerance | Charges That Cannot Increase Test (50001251) | Open-The following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the Cannot Increase Category: Doc Tax Stamps/Transfer Taxes – State. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4)). Valid COC not provided for increase in tax amount Doc Tax Stamps/Transfer Taxes – State increased from $X,XXX.XX (initial LE) to $X,XXX.XX (Final CD) - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||||
| AHMCCNF2000755 | XXXXX | XXXXXXXXX | Seller | XX/XX/XXXX | XX/XX/XXXX | Open | 3 - Material | Compliance | TRID Tolerance | Insufficient Change of Circumstance (50001252) | Open-The amounts disclosed on the last Closing Disclosure for the following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the last Closing Disclosure and placed within the Cannot Increase Category: Doc Tax Stamps/Transfer Taxes – State. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4); 12 CFR 1026.19(f)(2)(v)). Valid COC not provided for increase in tax amount Doc Tax Stamps/Transfer Taxes – State increased from $X,XXX.XX (initial LE) to $X,XXX.XX (Final CD) - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A | |||||||
| AHMCCNF2000756 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Missing Doc | Missing AUS Findings | Resolved-Received LPA dated prior to Note date, condition resolved. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Uploaded AUS ran prior to note date. - Buyer-XX/XX/XXXX Open-Missing the Loan Product Advisor (LPA) findings pulled prior to closing. The LPA findings available in the file reflect an assessment date of XX/XX/XXXX, which is subsequent to the Note Date of XX/XX/XXXX. Please provide the final LPA findings that were obtained and valid prior to loan closing. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Received LPA dated prior to Note date, condition resolved. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.AUS.pdf | XX | Primary Residence | Refinance | Cash Out - Other | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000756 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Property | Property | Loan approved with appraisal waiver, PIW grading applies | Acknowledged-Value grade equals B, loan approved with a PIW. - Due Diligence Vendor-XX/XX/XXXX | Acknowledged-Value grade equals B, loan approved with a PIW. - Due Diligence Vendor-XX/XX/XXXX |
XX | Primary Residence | Refinance | Cash Out - Other | XXXXXXXXX | Investor Post-Close | No | ||||||
| AHMCCNF2000580 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Property | Property | Property in Disaster Area – Property located in a FEMA declared disaster area. Inspection post incident date was not provided | Resolved-No damage to property per PDI, damage to street and area but nothing to property. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Uploaded PDI, No damage - Buyer-XX/XX/XXXX Open-Subject property is in recent disaster area and there is no post incident inspection - Due Diligence Vendor-XX/XX/XXXX |
Resolved-No damage to property per PDI, damage to street and area but nothing to property. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.Disaster Inspection.pdf | XX | Primary Residence | Refinance | Cash Out - Other | XXXXXXXXX | N/A | N/A | |||||
| AHMCCNF2000533 | XXXXX | XXXXXXXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Eligibility | Audited DTI Exceeds AUS DTI | Resolved-Audited DTI of 48.56% is less than or equal to AUS DTI of 49% - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. revised LP - Due Diligence Vendor-XX/XX/XXXX Open-Audited DTI of 48.83% exceeds AUS DTI of 45.35%. It appears the lender did not include the rental loss of the departing residence. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Audited DTI of 48.56% is less than or equal to AUS DTI of 49% - Due Diligence Vendor-XX/XX/XXXX |
XXXXX.LP.pdf | XX | Primary Residence | Purchase | NA | XXXXXXXXX | N/A | N/A |