Loan Number
Seller Loan Number
Originator
Last Name
Note Date
Original Balance
State
TPR QM ATR Status
Loan Status
Exception Date
Remediation Status
Exception ID
Exception Type
Exception Category
Exceptions
Exception Rebuttal
Exception Rebuttal Date
Exception Rebuttal Response
Exception Rebuttal Response Date
Compensating Factors
Initial Overall Loan Grade
Final Overall Loan Grade
Initial Exception Grade
Final Exception Grade
Initial Credit Grade
Final Credit Grade
Initial Property Valuation Grade
Final Property Valuation Grade
Initial Compliance Grade
Final Compliance Grade
Initial Overall Grade (DBRS/Morningstar)
Initial Credit Grade (DBRS/Morningstar)
Initial Property Valuation Grade (DBRS/Morningstar)
Initial Compliance Grade (DBRS/Morningstar)
Initial Overall Grade (Fitch)
Initial Credit Grade (Fitch)
Initial Property Valuation Grade (Fitch)
Initial Compliance Grade (Fitch)
Initial Overall Grade (Kroll)
Initial Credit Grade (Kroll)
Initial Property Valuation Grade (Kroll)
Initial Compliance Grade (Kroll)
Initial Overall Grade (Moodys)
Initial Credit Grade (Moodys)
Initial Property Valuation Grade (Moodys)
Initial Compliance Grade (Moodys)
Initial Overall Grade (S&P)
Initial Credit Grade (S&P)
Initial Property Valuation Grade (S&P)
Initial Compliance Grade (S&P)
Final Overall Grade (DBRS/Morningstar)
Final Credit Grade (DBRS/Morningstar)
Final Property Grade (DBRS/Morningstar)
Final Compliance Grade (DBRS/Morningstar)
Final Overall Grade (Fitch)
Final Credit Grade (Fitch)
Final Property Grade (Fitch)
Final Compliance Grade (Fitch)
Final Overall Grade (Kroll)
Final Credit Grade (Kroll)
Final Property Grade (Kroll)
Final Compliance Grade (Kroll)
Final Overall Grade (Moodys)
Final Credit Grade (Moodys)
Final Property Grade (Moodys)
Final Compliance Grade (Moodys)
Final Overall Grade (S&P)
Final Credit Grade (S&P)
Final Property Grade (S&P)
Final Compliance Grade (S&P)
2026141
  
XXX
XXXXX
XX/XX/XXXX
$XXXXXX
XXX
QM: Safe Harbor APOR (APOR SH)
Loan Review Complete
08/26/2026
Resolved
FCRE1204
Credit
Fraud Report Shows Uncleared Alerts
Fraud Report Shows Uncleared Alerts. The third Party Data Verify report dated XX/XX/XXXX has a Drive score of -XXX- and has XXX high alerts that have not been cleared.  Please provide updated Drive Report with all high alerts reviewed for accuracy and cleared.
Documentation received, XXX to review. ; Document Uploaded. ;
08/31/2026
Updated fraud report provided with high alerts addressed and cleared. Condition resolved.; All Fraud Report Alerts have been cleared or None Exist.
09/01/2026
Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of 80% is less than Guideline LTV of 90% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of 80% is less than Guideline CLTV of 90% | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX
D
A
C
A
D
A
A
A
A
A
D
D
A
A
D
D
A
A
D
D
A
A
D
D
A
A
D
D
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
2026141
  
XXX
XXXXX
XX/XX/XXXX
$XXXXXX
XXX
QM: Safe Harbor APOR (APOR SH)
Loan Review Complete
08/26/2026
Resolved
FCRE1337
Credit
Borrower 1 Separation Agreement Missing
Borrower 1 Separation Agreement Missing. Borrower provided a letter of explanation for a large deposit of XXX on XX/XX/XXXX stating that deposit belongs to his Ex. Provide copy of the divorce decree and/or separation agreement.
; Documentation received, XXX to review.; Document Uploaded. XXX explains that the deposit occurred in XXX which is before this transaction. XXX is unmarried. The deposit is in ex's account only but combined with his XXX accounts. ;
08/28/2026
Client provided LOE stating: My portion of the net proceeds from the sale of my departing residence were deposited into my XXX account on XX/XX/XXXX in the amount of $XXX. The wire that went into XXX XXX on XX/XX/XXXX for XXX was my ex’s (XXX) portion of the net proceeds. This is her XXX account but for some reason this account is still on a combined Statement with my other XXX accounts. I will not be using these funds towards the purchase of the subject property. She had paid the property tax already for my previous residence. This is why her net proceeds were a bit higher than mine and not XXX/XXX. XXX account #XXX was not used in qualification. LM Updated. Cleared.; Borrower 1 Separation Agreement Provided.
08/28/2026
Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of 80% is less than Guideline LTV of 90% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of 80% is less than Guideline CLTV of 90% | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX
D
A
D
A
D
A
A
A
A
A
D
D
A
A
D
D
A
A
D
D
A
A
D
D
A
A
D
D
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
2026143
  
XXX
XXXXX
XX/XX/XXXX
$XXXXXX
XXX
QM: Safe Harbor APOR (APOR SH)
Loan Review Complete
                      
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
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A
A
A
A
A
A
A
A
A
A
A
A
A
A
2026145
  
XXX
XXXXX
XX/XX/XXXX
$XXXXXX
XXX
QM: Safe Harbor APOR (APOR SH)
Loan Review Complete
                      
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
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A
A
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A
A
A
A
A
A
A
A
2026147
  
XXX
XXXXX
XX/XX/XXXX
$XXXXXX
XXX
QM: Safe Harbor APOR (APOR SH)
Loan Review Complete
                      
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
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A
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A
A
A
A
A
A
A
A
2026149
  
XXX
XXXXX
XX/XX/XXXX
$XXXXXX
XXX
QM: Safe Harbor APOR (APOR SH)
Loan Review Complete
08/19/2026
Resolved
finding-3634
Compliance
Charges That Cannot Increase Test
This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i) One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX lease see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). TILA 130 Cure Required. Refund in the amount of $XXX; cure package requires a PCCD, LOE, and Copy of Refund Check, or Valid COC. The zero tolerance violation in the amount of XXX is due to increase from XXX to XXX for the Tax Service Fee on the revised LE issued on XX/XX/XXXX without a valid COC.
; Documentation received, XXX to review. ; Document Uploaded. Please see initial lock, COC from XX/XX/XXXX and the redisclosure on XXX-XXX. Borrower updated product on XX/XX/XXXX which resulted in updated fees due to program change. Borrower then locked rate on XX/XX/XXXX
09/01/2026
Valid COC provided; exception resolved ; Valid COC provided; exception resolved
09/01/2026
Borrower has stable job time - Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum - Calculated LTV of 64.58% is less than Guideline LTV of 90% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of 64.58% is less than Guideline CLTV of 90% | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX
C
B
C
A
A
A
A
A
C
B
C
A
A
C
C
A
A
C
C
A
A
C
C
A
A
C
C
A
A
C
B
A
A
B
B
A
A
B
B
A
A
B
B
A
A
B
B
A
A
B
2026149
  
XXX
XXXXX
XX/XX/XXXX
$XXXXXX
XXX
QM: Safe Harbor APOR (APOR SH)
Loan Review Complete
08/19/2026
Waived
FCOM3849
Compliance
Evidence of Appraisal Delivery to Borrower not Provided or Late (12 CFR  1002.14(a)(1))
The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR XXX(a)(XXX)). Documentation required to clear exception: The document provided indicates that the borrower either received, or chose to waive the right to receive the appraisal at least XXX days prior to consummation, but does not confirm the borrower received the appraisal at or prior to consummation.  Provide documentation to show the date the borrower received the appraisal to confirm it was received by the borrower timely.
; ; Please waive this condition for a B Grade. Comp Factors: FICO XXX DTI XXX% and Job Stability XXX yrs;
09/01/2026
Waived per client. Client accepts risk for B grade and acknowledges the following compensating factors for this purpose: XXX FICO, XXX% LTV, and XXX years Job Stability.
09/01/2026
Borrower has stable job time - Borrower has XXX years on job. | Original LTV is Below the Guideline Maximum - Calculated LTV of 64.58% is less than Guideline LTV of 90% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of 64.58% is less than Guideline CLTV of 90% | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX
C
B
B
B
A
A
A
A
C
B
C
A
A
C
C
A
A
C
C
A
A
C
C
A
A
C
C
A
A
C
B
A
A
B
B
A
A
B
B
A
A
B
B
A
A
B
B
A
A
B
2026151
  
XXX
XXXXX
XX/XX/XXXX
$XXXXXX
XXX
QM: Safe Harbor APOR (APOR SH)
Loan Review Complete
08/26/2026
Waived
FCRE1186
Credit
Audited DTI Exceeds AUS DTI
Audited DTI of XXX% exceeds AUS DTI of XXX% DU, dated XX/XX/XXXX, reflects a DTI of XXX%. The DTI is based off of XXX for monthly property taxes. The XXX reflect monthly property taxes XXX with a DTI of XXX%. The subject property is a new construction home. The loan file contained the Real Property Tax Estimator which reflected taxes of $XXX/XXX = $XXX. DU to be ran with the higher taxes.
; ;
09/08/2026
Waived per client’s request. DTI of XXX% is within guideline requirements. Client accepts risk for B grade and acknowledges the following compensating factors for this purpose: FICO XXX LTV/CLTV XXX%, and Job Stability.
09/08/2026
Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of 80% is less than Guideline LTV of 90% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of 80% is less than Guideline CLTV of 90% | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Borrower has stable job time - Borrower has XXX years on job.
C
B
C
B
C
B
A
A
A
A
C
C
A
A
C
C
A
A
C
C
A
A
C
C
A
A
C
C
A
A
B
B
A
A
B
B
A
A
B
B
A
A
B
B
A
A
B
B
A
A
2026153
  
XXX
XXXXX
XX/XX/XXXX
$XXXXXX
XXX
QM: Safe Harbor APOR (APOR SH)
Loan Review Complete
                      
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
2026155
  
XXX
XXXXX
XX/XX/XXXX
$XXXXXX
XXX
QM: Safe Harbor APOR (APOR SH)
Loan Review Complete
08/21/2026
Resolved
FVAL9739
Property
Property/Appraisal General
Property/Appraisal guideline violation: Missing a copy of the maintenance agreement for the shared driveway on the subject property.
; ; Documentation received, XXX to review. ; Document Uploaded. ; ;
09/02/2026
Agreement provided for the shared driveway. Condition resolved.; Property/Appraisal Meets Guidelines.
09/02/2026
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of 75% is less than Guideline CLTV of 90% | Original LTV is Below the Guideline Maximum - Calculated LTV of 75% is less than Guideline LTV of 90%
C
B
C
A
C
B
C
A
C
A
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
B
B
A
A
B
B
A
A
B
B
A
A
B
B
A
A
B
B
A
A
2026155
  
XXX
XXXXX
XX/XX/XXXX
$XXXXXX
XXX
QM: Safe Harbor APOR (APOR SH)
Loan Review Complete
08/21/2026
Waived
FCRE1440
Credit
Housing History Does Not Meet Guideline Requirements
Housing History Does Not Meet Guideline Requirements. Missing rent free letter for the departing residence.
; ; Please waive this condition for a B grade. Comp Factors: FICO XXX LTV/CLTV XXX%, and overall credit history and mortgage history - Credit history since XX/XX/XXXX and Mortgage history since XX/XX/XXXX with no late payments ever. ; ;
09/02/2026
Waived per client. Client accepts risk for B grade and acknowledges the following compensating factors for this purpose: FICO XXX LTV/CLTV XXX%, and overall credit history and mortgage history - Credit history since XX/XX/XXXX and Mortgage history since XX/XX/XXXX with no late payments ever.
09/02/2026
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of 75% is less than Guideline CLTV of 90% | Original LTV is Below the Guideline Maximum - Calculated LTV of 75% is less than Guideline LTV of 90%
C
B
C
B
C
B
C
A
C
A
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
B
B
A
A
B
B
A
A
B
B
A
A
B
B
A
A
B
B
A
A
2026155
  
XXX
XXXXX
XX/XX/XXXX
$XXXXXX
XXX
QM: Safe Harbor APOR (APOR SH)
Loan Review Complete
08/19/2026
Resolved
finding-3635
Compliance
Charges That In Total Cannot Increase More Than XXX% Test
This loan failed the charges that in total cannot increase more than XXX% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than XXX% XXX exceed the comparable charges XXX by more than XXX% Please see the table that displays the Charges That Cannot Increase More Than XXX% for a comparison of the data between the provided disclosures n estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than XXX percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi). TILA 130b Cure Required. Refund in the amount of XXX cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery or Valid COC. The XXX% tolerance violation in the amount of XXX is due to increase from XXX to XXX for the recording fees
Documentation received, XXX to review. ; Document Uploaded. ; Please see updated condition. ; ;
08/31/2026
Valid COC provided; exception resolved; Valid COC provided; exception resolved; TILA 130b Cure Required. Refund in the amount of XXX cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery or Valid COC. The XXX% tolerance violation in the amount of XXX is due to increase from XXX to XXX for the recording fees
09/01/2026
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of 75% is less than Guideline CLTV of 90% | Original LTV is Below the Guideline Maximum - Calculated LTV of 75% is less than Guideline LTV of 90%
C
B
C
A
C
B
C
A
C
A
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
B
B
A
A
B
B
A
A
B
B
A
A
B
B
A
A
B
B
A
A
2026157
  
XXX
XXXXX
XX/XX/XXXX
$XXXXXX
XXX
QM: Safe Harbor APOR (APOR SH)
Loan Review Complete
08/19/2026
Waived
FCOM3849
Compliance
Evidence of Appraisal Delivery to Borrower not Provided or Late (12 CFR  1002.14(a)(1))
The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR XXX(a)(XXX)). Documentation required to clear exception: Evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date is required, but missing from the file.
; ; Please waive for a B grade. Comp Factors: FICO XXX DTI XXX% and LTV/CLTV XXX%
08/27/2026
Waived per client. Client accepts risk for B grade and acknowledges the following compensating factors for this purpose: FICO XXX DTI XXX% and LTV/CLTV XXX%
08/27/2026
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of 75% is less than Guideline CLTV of 90% | Original LTV is Below the Guideline Maximum - Calculated LTV of 75% is less than Guideline LTV of 90% | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time - Borrower has XXX years on job.
B
B
B
B
A
A
A
A
B
B
B
A
A
B
B
A
A
B
B
A
A
B
B
A
A
B
B
A
A
B
B
A
A
B
B
A
A
B
B
A
A
B
B
A
A
B
B
A
A
B
2026159
  
XXX
XXXXX
XX/XX/XXXX
$XXXXXX
XXX
QM: Safe Harbor APOR (APOR SH)
Loan Review Complete
08/24/2026
Resolved
FCRE1185
Credit
AUS Partially Provided
AUS Partially Provided. The XXX reflected DU was used for the risk assessment. DU submission #XXX was provided; however, DU is reading credit report which expires XX/XX/XXXX. The loan file contains the credit report dated XX/XX/XXXX. Subject loan closed on XX/XX/XXXX. In addition, the XXX Checking #XXX reflected assets of XXX and a large deposit in the amount of $XXX. Assets were reduced at audit as the loan file does not contain documentation for the large deposit and these funds were not needed for closing or reserves. Please provide DU reflecting the credit report dated XX/XX/XXXX and updated assets.
; Documentation received, XXX to review. ; Document Uploaded. ; ;
09/09/2026
Client provided Updated DU and XXX LM Updated. Cleared.; AUS is not incomplete.
09/09/2026
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of 80% is less than Guideline CLTV of 90% | Original LTV is Below the Guideline Maximum - Calculated LTV of 80% is less than Guideline LTV of 90% | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Borrower has stable job time - Borrower has XXX years on job.
D
A
D
A
D
A
A
A
A
A
D
D
A
A
D
D
A
A
D
D
A
A
D
D
A
A
D
D
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
2026161
  
XXX
XXXXX
XX/XX/XXXX
$XXXXXX
XXX
QM: Safe Harbor APOR (APOR SH)
Loan Review Complete
                      
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
2026163
  
XXX
XXXXX
XX/XX/XXXX
$XXXXXX
XXX
QM: Safe Harbor APOR (APOR SH)
Loan Review Complete
08/24/2026
Waived
FCRE1491
Credit
Asset Qualification Does Not Meet Guideline Requirements
Asset Qualification Does Not Meet Guideline Requirements. DU Purchase loans require XXX months bank Statements. Only one month provided for XXX #XXX, and XXX #XXX.
; Please waive for a B grade. Comp Factors: FICO XXX LTV/CLTV XXX% and DTI XXX%;
09/04/2026
Waived per client. Client accepts risk for B grade and acknowledges the following compensating factors for this purpose: FICO XXX LTV/CLTV XXX% and DTI XXX%
09/04/2026
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of 69.23% is less than Guideline CLTV of 90% | Original LTV is Below the Guideline Maximum - Calculated LTV of 69.23% is less than Guideline LTV of 90%
C
B
C
B
C
B
A
A
B
B
C
C
A
B
C
C
A
B
C
C
A
B
C
C
A
B
C
C
A
B
B
B
A
B
B
B
A
B
B
B
A
B
B
B
A
B
B
B
A
B
2026163
  
XXX
XXXXX
XX/XX/XXXX
$XXXXXX
XXX
QM: Safe Harbor APOR (APOR SH)
Loan Review Complete
08/19/2026
Waived
FCOM3849
Compliance
Evidence of Appraisal Delivery to Borrower not Provided or Late (12 CFR  1002.14(a)(1))
The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR XXX(a)(XXX)). Documentation required to clear exception: Evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date is required, but missing from the file.
; Please waive for a B grade. Comp Factors: FICO XXX LTV/CLTV XXX%, and DTI XXX%;
08/27/2026
Waived per client. Client accepts risk for B grade and acknowledges the following compensating factors for this purpose: FICO XXX LTV/CLTV XXX%, and DTI XXX%
08/27/2026
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of 69.23% is less than Guideline CLTV of 90% | Original LTV is Below the Guideline Maximum - Calculated LTV of 69.23% is less than Guideline LTV of 90%
C
B
B
B
C
B
A
A
B
B
C
C
A
B
C
C
A
B
C
C
A
B
C
C
A
B
C
C
A
B
B
B
A
B
B
B
A
B
B
B
A
B
B
B
A
B
B
B
A
B
2026165
  
XXX
XXXXX
XX/XX/XXXX
$XXXXXX
XXX
QM: Safe Harbor APOR (APOR SH)
Loan Review Complete
08/19/2026
Resolved
finding-3652
Compliance
Lender Credits That Cannot Decrease Test
TILA 130 Cure Required.  Refund in the amount of $XXX; cure package requires a PCCD, LOE, Copy of Refund Check, or Valid COC. The lender credit tolerance violation in the amount of XXX is due to decrease in Lender Credit from XXX to $XXX. COC in file for loan amount decrease, missing evidence of receipt for CD, unable to apply. This loan failed the lender credits that cannot decrease test. (12 CFR §1026.19(e)(3)(i) he loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits XXX does not exceed or equal the comparable sum of specific and non-specific lender credits ($XXX). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures n estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).
; Document Uploaded. Documentation received, XXX to review. ; initial CD provided
08/31/2026
Initial CD receipt date provided; exception resolved; Initial CD receipt date provided; exception resolved
08/31/2026
Original LTV is Below the Guideline Maximum - Calculated LTV of 75% is less than Guideline LTV of 90% | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of 75% is less than Guideline CLTV of 90%
C
A
C
A
A
A
A
A
C
A
C
A
A
C
C
A
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C
C
A
A
C
C
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C
C
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C
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A
2026165
  
XXX
XXXXX
XX/XX/XXXX
$XXXXXX
XXX
QM: Safe Harbor APOR (APOR SH)
Loan Review Complete
08/19/2026
Resolved
finding-3532
Compliance
Initial Closing Disclosure Delivery Date Test
Without evidence of receipt, using the mailbox rule, it is assumed the disclosure dated XX/XX/XXXX was not received by the consumer at least XXX business days prior to the consummation date, XX/XX/XXXX. The violation can be cured by providing proof of delivery/receipt of Initial CD at least XXX days prior to closing. This loan failed the initial closing disclosure delivery date test due to one of the following findings:(12 CFR §1026.19(f)(1)(ii) he initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:"USPS First Class Mail" or "Electronic Delivery" or blank, and the initial closing disclosure delivery date is less than six business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the initial closing disclosure delivery date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transactionThe creditor shall ensure that the consumer receives the disclosures required under paragraph §1026.19(f)(1)(i) no later than three business days before consummation.
; Documentation received, XXX to review. ; Document Uploaded. Please see initial CD and history of sent/received
08/31/2026
Initial CD receipt date provided; exception resolved; Initial CD receipt date provided; exception resolved
08/31/2026
Original LTV is Below the Guideline Maximum - Calculated LTV of 75% is less than Guideline LTV of 90% | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of 75% is less than Guideline CLTV of 90%
C
A
C
A
A
A
A
A
C
A
C
A
A
C
C
A
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C
C
A
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C
C
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C
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C
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A
2026167
  
XXX
XXXXX
XX/XX/XXXX
$XXXXXX
XXX
QM: Safe Harbor APOR (APOR SH)
Loan Review Complete
08/25/2026
Resolved
FCRE3978
Credit
Missing Letter of Explanation (Credit)
Factual Data reflects a XX/XX/XXXX inquiry from XXX for a new HELOC. The inquiry indicates new debt was acquired and notes "HELOC for this purchase"; however, the loan file does not contain documentation supporting the new HELOC. Provide documentation to verify the HELOC terms and confirm the applicable payment and CLTV.
; Documentation received, XXX to review. ; Document Uploaded. ; Please see updated condition. ; Documentation received, XXX to review.; Document Uploaded. Please see LOX. The XXX bonus is monthly per the XX/XX/XXXX and XX/XX/XXXX paystubs. It’s paid on the XXX of each month. The XXX HELOC was never used for this loan as it wasn’t needed and was against the departure, not the subject. ; ;
09/08/2026
The HELOC agreement was provided and confirmed it was for the property located at XXX. This payment was included in borrower's liabilities. Condition resolved.; The lender Stated the XXX HELOC was never used for this loan as it wasn’t needed and was against the departure, not the subject. Please provide documentation of the HELOC Agreement in order to confirm the collateral address. Condition remains.
09/08/2026
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of 80% is less than Guideline LTV of 90% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of 80% is less than Guideline CLTV of 90% | Borrower has stable job time - Borrower has XXX years on job.
D
A
D
A
D
A
A
A
A
A
D
D
A
A
D
D
A
A
D
D
A
A
D
D
A
A
D
D
A
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A
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A
A
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A
2026167
  
XXX
XXXXX
XX/XX/XXXX
$XXXXXX
XXX
QM: Safe Harbor APOR (APOR SH)
Loan Review Complete
08/25/2026
Resolved
FCRE6737
Credit
Missing Letter of Explanation (Income)
Missing documentation from XXX to confirm the frequency of bonus pay. Borrower received XXX YTF through XX/XX/XXXX. If this represents the entirety of the XXX bonus income, the bonus would reflect a significant decline compared to the XXX bonus income of XXX and may not be considered stable
; Document Uploaded. Documentation received, XXX to review.; Please see LOX. The XXX bonus is monthly per the XX/XX/XXXX and XX/XX/XXXX paystubs. It’s paid on the XXX of each month. The XXX HELOC was never used for this loan as it wasn’t needed and was against the departure, not the subject. ; ;
09/04/2026
Documentation provided to show the bonus is paid monthly. Condition resolved.
09/04/2026
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% | Original LTV is Below the Guideline Maximum - Calculated LTV of 80% is less than Guideline LTV of 90% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of 80% is less than Guideline CLTV of 90% | Borrower has stable job time - Borrower has XXX years on job.
D
A
D
A
D
A
A
A
A
A
D
D
A
A
D
D
A
A
D
D
A
A
D
D
A
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D
D
A
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A
2026169
  
XXX
XXXXX
XX/XX/XXXX
$XXXXXX
XXX
QM: Safe Harbor APOR (APOR SH)
Loan Review Complete
                      
A
A
A
A
A
A
A
A
A
A
A
A
A
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A
2026171
  
XXX
XXXXX
XX/XX/XXXX
$XXXXXX
XXX
QM: Safe Harbor APOR (APOR SH)
Loan Review Complete
08/24/2026
Waived
FCOM1233
Credit
The Final 1003 is Incomplete
The Final 1003 is Incomplete. Final 1003 reflects subject (Purchase) as retained
; ; This appears to be a typo as the subject is a primary purchase not a refinance (retained) transaction. Please waive for a B grade. Comp Factors: FICO XXX LTV/CLTV XXX% and DTI XXX%; ;
09/04/2026
Waived per client. Client accepts risk for B grade and acknowledges the following compensating factors for this purpose: FICO XXX LTV/CLTV XXX% and DTI XXX%
09/04/2026
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of 80% is less than Guideline CLTV of 90% | Original LTV is Below the Guideline Maximum - Calculated LTV of 80% is less than Guideline LTV of 90% | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%
D
B
D
B
D
B
A
A
A
A
D
D
A
A
D
D
A
A
D
D
A
A
D
D
A
A
D
D
A
A
B
B
A
A
B
B
A
A
B
B
A
A
B
B
A
A
B
B
A
A
2026171
  
XXX
XXXXX
XX/XX/XXXX
$XXXXXX
XXX
QM: Safe Harbor APOR (APOR SH)
Loan Review Complete
08/24/2026
Resolved
FCRE3978
Credit
Missing Letter of Explanation (Credit)
Missing lox for credit inquiries.
; Documentation received, in XXX review.; Document Uploaded. ; Seller to provide an LOX for the XXX inquiry. ;
08/31/2026
Client provided LOE for Inquiries - XXX - Decided to not move forward. LM Updated. Cleared.
08/31/2026
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of 80% is less than Guideline CLTV of 90% | Original LTV is Below the Guideline Maximum - Calculated LTV of 80% is less than Guideline LTV of 90% | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%
D
B
D
A
D
B
A
A
A
A
D
D
A
A
D
D
A
A
D
D
A
A
D
D
A
A
D
D
A
A
B
B
A
A
B
B
A
A
B
B
A
A
B
B
A
A
B
B
A
A
2026173
  
XXX
XXXXX
XX/XX/XXXX
$XXXXXX
XXX
QM: Safe Harbor APOR (APOR SH)
Loan Review Complete
                      
A
A
A
A
A
A
A
A
A
A
A
A
A
A
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A
A
2026175
  
XXX
XXXXX
XX/XX/XXXX
$XXXXXX
XXX
QM: Safe Harbor APOR (APOR SH)
Loan Review Complete
08/24/2026
Resolved
FCRE3978
Credit
Missing Letter of Explanation (Credit)
Per Sequoia AUS Program Eligibility Guide, Version XXX effective XX/XX/XXXX. If the credit report indicates inquiries within the most recent XXX days of the credit report, the seller must confirm the borrower did not obtain additional credit that is not reflected in the credit report or mortgage application. The loan file contained the Undisclosed Debt XXX form which reflected inquiries on XX/XX/XXXX for FD/XXX Lending and FACTUAL DATA. The loan file is missing the letter of explanation.
; Documentation received, XXX to review.; Document Uploaded. The HELOC is included on app. It was used for departing residence but proceeds used for this transaction. ;
09/09/2026
Client provided HELOC Agreement and Truth in Lending and Settlement Statement for HELOC on XXX. Client also States: The HELOC is included on app. It was used for departing residence but proceeds used for this transaction. LM Updated. Cleared.
09/09/2026
Borrower has stable job time - Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of 75% is less than Guideline LTV of 90% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of 75% is less than Guideline CLTV of 90%
D
A
D
A
D
A
A
A
A
A
D
D
A
A
D
D
A
A
D
D
A
A
D
D
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A
D
D
A
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A
A
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A
A
A
A
2026175
  
XXX
XXXXX
XX/XX/XXXX
$XXXXXX
XXX
QM: Safe Harbor APOR (APOR SH)
Loan Review Complete
08/24/2026
Resolved
FCRE1185
Credit
AUS Partially Provided
AUS Partially Provided. DU reflects a credit report dated XX/XX/XXXX with a credit report ID of XXX and a frozen repository. The credit report in the loan file is dated XX/XX/XXXX with an ID of XXX with all XXX repositories for both borrowers. Provide updated DU ran with correct credit report ID.
; Documentation received, XXX to review. ; Document Uploaded. ; Please see updated condition. ; Documentation received, XXX to review.; Document Uploaded. ;
09/09/2026
Client provided Updated DU dated XX/XX/XXXX reflecting Credit Report ID of XXX and XXX LM Updated. Cleared.; AUS is not incomplete.; An updated AUS was provided; however, the Report ID does not match. The AUS reflects a credit report ID of XXX and a frozen repository. The credit report in the loan file is dated XX/XX/XXXX with an ID of XXX with all XXX repositories for both borrowers. Provide updated XXX ran with correct credit report ID.
09/09/2026
Borrower has stable job time - Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of 75% is less than Guideline LTV of 90% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of 75% is less than Guideline CLTV of 90%
D
A
D
A
D
A
A
A
A
A
D
D
A
A
D
D
A
A
D
D
A
A
D
D
A
A
D
D
A
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A
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A
A
2026175
  
XXX
XXXXX
XX/XX/XXXX
$XXXXXX
XXX
QM: Safe Harbor APOR (APOR SH)
Loan Review Complete
08/26/2026
Resolved
FCRE1158
Credit
Hazard Insurance Policy is Partial
Hazard Insurance Policy Partially Provided. Missing complete policy with policy number.
; Documentation received, XXX to review. ; Document Uploaded. ; Please see condition. Seller to provide the Final Hazard Insurance Policy.;
09/01/2026
Updated hazard insurance with policy number provided. Condition resolved.; Hazard Insurance Policy is Present.
09/01/2026
Borrower has stable job time - Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original LTV is Below the Guideline Maximum - Calculated LTV of 75% is less than Guideline LTV of 90% | Original CLTV is Below the Guideline Maximum - Calculated CLTV of 75% is less than Guideline CLTV of 90%
D
A
D
A
D
A
A
A
A
A
D
D
A
A
D
D
A
A
D
D
A
A
D
D
A
A
D
D
A
A
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A
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A
A
A
A
A
A
A
A
2026177
  
XXX
XXXXX
XX/XX/XXXX
$XXXXXX
XXX
QM: Safe Harbor APOR (APOR SH)
Loan Review Complete
08/25/2026
Resolved
finding-3635
Compliance
Charges That In Total Cannot Increase More Than XXX% Test
This loan failed the charges that in total cannot increase more than XXX% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than XXX% XXX exceed the comparable charges XXX by more than XXX% Please see the table that displays the Charges That Cannot Increase More Than XXX% for a comparison of the data between the provided disclosures n estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than XXX percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi). TILA 130b Cure Required.  Refund in the amount of $XXX; cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery or Valid COC. The XXX% tolerance violation in the amount of XXX is due to addition of the survey fee of XXX on CD dated XX/XX/XXXX without valid COC. Survey fee tested using XXX% tolerance as fee not listed on written list of service providers or noted as title fee on final CD.
; Documentation received, XXX to review.; TRID docs uploaded
09/02/2026
Lender confirmed the survey fee was not a required service; Exception resolved ; Lender confirmed the survey fee was not a required service; Exception resolved ; Refund in the amount of $XXX; cure package requires a PCCD, LOE, Copy of Refund Check, and Proof of Delivery or Valid COC. The XXX% tolerance violation in the amount of XXX is due to addition of the survey fee of XXX on CD dated XX/XX/XXXX without valid COC. Survey fee tested using XXX% tolerance as fee not listed on written list of service providers or noted as title fee on final CD.
09/02/2026
Borrower has stable job time - Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of 70.83% is less than Guideline CLTV of 90% | Original LTV is Below the Guideline Maximum - Calculated LTV of 70.83% is less than Guideline LTV of 90% | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%
C
A
C
A
A
A
A
A
C
A
C
A
A
C
C
A
A
C
C
A
A
C
C
A
A
C
C
A
A
C
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
2026177
  
XXX
XXXXX
XX/XX/XXXX
$XXXXXX
XXX
QM: Safe Harbor APOR (APOR SH)
Loan Review Complete
08/25/2026
Resolved
finding-3634
Compliance
Charges That Cannot Increase Test
TILA 130 Cure Required. Refund in the amount of XXX cure package requires a PCCD, LOE, and Copy of Refund Check, or Valid COC. The zero tolerance violation in the amount of XXX is due to increase of the tax service fee from XXX to XXX on the LE dated XX/XX/XXXX without valid COC. This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i) One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX lease see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).
; Documentation received, XXX to review.; Document Uploaded.
09/01/2026
Valid COC provided; exception resolved ; Valid COC provided; exception resolved
09/01/2026
Borrower has stable job time - Borrower has XXX years on job. | Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX | Original CLTV is Below the Guideline Maximum - Calculated CLTV of 70.83% is less than Guideline CLTV of 90% | Original LTV is Below the Guideline Maximum - Calculated LTV of 70.83% is less than Guideline LTV of 90% | Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%
C
A
C
A
A
A
A
A
C
A
C
A
A
C
C
A
A
C
C
A
A
C
C
A
A
C
C
A
A
C
A
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