Exhibit 99.01

Schedule 2. Digital Risk Exception Report

Loan Number

Loan ID

Finding #

Last Name

Note Date

DD Start Date

DD Delivery Date

Audit Category

Audit Issue

Finding ID

Exception Finding

Remediation Status

Exception Rebuttal

Exception Response

Status Comment

Compensating Factors

SOL Expiration Date

Initial Findings Grade

Final Findings Grade

Initial Loan Grade

Final Loan Grade

XXXX

2216160

1 of 5

XXXX

Compliance

Compliance Finding - Other

XXXX

Testing for TILA, XXXX, Federal and State threshold accuracy could not be completed through the compliance tool due to XXXX missing from the loan file.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
XXXX

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX (XX/XX/XXXX XX:XXAM)
please see XXXX

Buyer Comment 2 (XX/XX/XXXX XX:XXAM)
XXXX cert

XXXX

2216160

2 of 5

XXXX

Compliance

QM - Points and Fees

XXXX

The loan's points and fees exceed the Qualified Mortgage points and fees threshold. The loan's total points and fees were $XXXX, XXXX, which exceeded: XXXX% of total loan amount (for loans > $XXXX). The following fees were included in the testing: Administrative Fee $XXXX, Mortgage Broker Fee Indirect $XXXX, XXXX, Points- Loan Discount Fee $XXXX, XXXX and Tax Service Fee $XXXX. If discount points and fees are bona-fide and excludable, provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3).

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
QM

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2216160

3 of 5

XXXX

Credit

Borrower - (EAD) Risk Category

XXXX

The Borrower is not a US Citizen and provided an Employment Authorization Document (EAD) with a Category of C08 for the borrower and XXXX for the co-borrower indicating that the borrower's are an Asylees or under suspended deportation orders.

Waived

Response 1 (XX/XX/XXXX XX:XXAM)
Waiver granted by Investor. (Waived)

XXXX (XX/XX/XXXX XX:XXAM)
Client reviewed, condition is an overlay. Borrower meets Agency requirements. Noted Compensating factors: XXXX qualifying credit score, XXXX stability XXXX years,

XXXX qualifying credit score. Job stability.

XXXX

2216160

4 of 5

XXXX

Credit

MI - Missing Documentation

XXXX

The AUS approval required XXXX insurance and the first payment letter confirmed the monthly XXXX premium. The XXXX certificate was not provided as required.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
See attached XXXX Ins

Response 1 (XX/XX/XXXX XX:XXAM)
Documentation received is sufficient. (Resolved)

XXXX

2216160

5 of 5

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score of XXXX.

Cleared

XXXX

2216161

1 of 3

XXXX

Compliance

Compliance Finding - Other

XXXX

Testing for TILA, XXXX, Federal and State threshold accuracy could not be completed through the compliance tool due to XXXX missing from the loan file.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
XXXX

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2216161

2 of 3

XXXX

Credit

MI - Missing Documentation

XXXX

The AUS required mortgage insurance. The first payment letter supported the XXXX premium of $XXXX. The mortgage insurance certificate confirming the payment and percentage of coverage was not provided as required.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
See attached XXXX Ins

Rebuttal 2 (XX/XX/XXXX XX:XXPM)
XXXX

Response 1 (XX/XX/XXXX XX:XXAM)
Documentation not received. (XXXX)

Response 2 (XX/XX/XXXX XX:XXAM)
Documentation received is sufficient. (Resolved)

XXXX

2216161

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score of XXXX.

Cleared

XXXX

2213393

1 of 4

XXXX

Compliance

TRID - CD - Section B incorrect payee

XXXX

The loan contains a fee or fees where 'compensation to' reflects either 'Lender or Broker' under Section B- Services Borrower Did Not Shop For of the revised CD issued on XX/XX/XXXX. Credit report and Verification Fee. However, this fee should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed.

Acknowledged

XXXX

2213393

2 of 4

XXXX

Compliance

TRID - Zero Tolerance Violation (No COC - Date Undeterminable)

XXXX

The loan failed the charges that cannot increase test. Although the addition may be valid, because a COC was not provided, auditor is unable to determine if the Initial CD issued on XX/XX/XXXX was disclosed within XXXX business days of the change. Therefore, the addition to the following fee was not accepted: Mortgage Broker Fee . A cost to cure in the amount of $XXXX4.XXXX is required; however a reimbursement of $XXXX was provided making the total cost to cure $XXXX. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
coc

Response 1 (XX/XX/XXXX XX:XXAM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213393

3 of 4

XXXX

Credit

Gift Letter - Missing

XXXX

A required gift letter was missing from the file.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
XXXX

Response 1 (XX/XX/XXXX XX:XXAM)
Documentation received is sufficient. (Resolved)

XXXX

2213393

4 of 4

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The CU score is XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports origination appraised value within 10%. (Resolved)

XXXX

2213394

1 of 3

XXXX

Compliance

QM - Points and Fees

XXXX

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
QM

XXXX

2213394

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213394

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score of XXXX. No additional documentation to support appraised value was located in the loan file.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM was a no hit; DVR provided.

Response 1 (XX/XX/XXXX XX:XXPM)
DVR provided supports the appraised value. (Resolved)

XXXX

2213395

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213395

2 of 3

XXXX

Credit

Appraisal - Missing required 1004 D

XXXX

Missing required XXXX to validate value or required repairs. The subject property is a new build purchase, and the loan file contains an appraisal that was completed as "subject to completion". The loan file did not contain an appraisal update report reflecting the property being completed.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
XXXXD

Response 1 (XX/XX/XXXX XX:XXAM)
Documentation received is sufficient. (Resolved)

XXXX

2213395

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM was a No Hit; DVR ordered.

Rebuttal 2 (XX/XX/XXXX XX:XXPM)
DVR provided.

Response 1 (XX/XX/XXXX XX:XXPM)
Awaiting DVR. (XXXX)

Response 2 (XX/XX/XXXX XX:XXPM)
DVR supports. (Resolved)

XXXX

2213397

1 of 7

XXXX

Compliance

Compliance Finding - Other

XXXX

Testing for TILA, XXXX, Federal and State threshold accuracy could not be completed through the compliance tool due to XXXX missing from the loan file.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
XXXX

Response 1 (XX/XX/XXXX XX:XXAM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213397

2 of 7

XXXX

Compliance

QM - Points and Fees

XXXX

The loan's points and fees exceed the Qualified Mortgage points and fees threshold. The loan's total points and fees were $XXXX, which exceeded: XXXX% of total loan amount. The following fees were included in the testing: Administration fee, XXXX fee (indirect), Loan Discount Points, and Tax Service fee. If discount points and fees are bona-fide and excludable, provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3).

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
QM

Response 1 (XX/XX/XXXX XX:XXAM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213397

3 of 7

XXXX

Compliance

TRID - Zero Tolerance Violation (No COC - Date Undeterminable)

XXXX

The loan failed the charges that cannot increase test. Although the increase may be valid, because a COC was not provided, auditor is unable to determine if the revised CD issued on XX/XX/XXXX was disclosed within XXXX business days of the change. Therefore, the increase to the following fees was not accepted: Transfer Taxes. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
COC

Response 1 (XX/XX/XXXX XX:XXAM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213397

4 of 7

XXXX

Credit

Debts - Not Verified

XXXX

The loan file is missing verification of the monthly hazard insurance payment for the Borrower's departure residence or documentation (i.e. mortgage statement) to support the $XXXX payment reflected on the credit report includes escrows.

Void

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
As indicated on the credit report, XXXX #XXXX is an FHA loan. HUD mandates escrows, so we know that the payment of $XXXX includes taxes and insurance.

Response 1 (XX/XX/XXXX XX:XXAM)
Explanation received is sufficient. (Void)

XXXX

2213397

5 of 7

XXXX

Credit

DTI - Exceeds Guidelines

XXXX

The Final DU AUS Approval reflects a DTI of XXXX%. The loan closed with a DTI of XXXX%. The loan transaction was a primary purchase of a XXXX-Unit property. Rental income was used to qualify from the subject property and the Borrower's departure residence. The guidelines indicate when current lease agreements or market rents reported on Form XXXX or Form XXXX are used, the lender must calculate the rental income by multiplying the gross monthly rent(s) by XXXX%. The appropriate XXXX% vacancy factor was not applied to the qualifying rental income at origination. The loan closed with a DTI of XXXX%.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
I would like to confirm that we are using the same market rent/lease rents before I determine if we calculated rent correctly. Please see attached lease agreements. - XXXX: $XXXX - XXXX (aka XXXX): $XXXX - XXXX: Borrower will occupy - XXXX Merrimack Floor XXXX: $XXXX - XXXX: $XXXX

Response 1 (XX/XX/XXXX XX:XXAM)
Adding the $XXXX per month rent, the DTI is XXXX. (Resolved)

XXXX

2213397

6 of 7

XXXX

Credit

MI - Missing Documentation

XXXX

The file is missing a copy of the Mortgage Insurance Certificate verifying a minimum coverage amount of XXXX%.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
XXXX

Response 1 (XX/XX/XXXX XX:XXAM)
Documentation received is sufficient. (Resolved)

XXXX

2213397

7 of 7

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports origination appraised value within 10%. (Resolved)

XXXX

2213686

1 of 4

XXXX

Compliance

TRID - CD - Section B incorrect payee

XXXX

The loan contains a fee or fees where 'compensation to' reflects either 'Lender or Broker' under Section B- Services Borrower Did Not Shop For of the revised CD issued on XX/XX/XXXX. Credit Report. However, this fee should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed.

Acknowledged

XXXX

2213686

2 of 4

XXXX

Compliance

TRID - Initial CD/Delivery Date (prior to consummation) Non- Rescindable

XXXX

Non- Rescindable Transaction. The loan failed the Initial Closing Disclosure delivery date test due to the following: Without evidence of receipt, it is assumed that the disclosure dated XX/XX/XXXX was mailed, and therefore not received by the consumer XXXX business days prior to the consummation date, XX/XX/XXXX. If disclosure was delivered electronically, evidence of receipt as well as the consumer's E-consent is required.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
tracking

Response 1 (XX/XX/XXXX XX:XXAM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213686

3 of 4

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213686

4 of 4

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score of XXXX.

Cleared

XXXX

2213400

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213400

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213400

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The loan was approved with a PIW and the loan file does not contain a secondary valuation product.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM uploaded.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports the stated appraised value within 10%. (Resolved)

XXXX

2213402

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213402

2 of 3

XXXX

Credit

Debts - Not Verified

XXXX

The application lists significant debts that were not independently verified. The loan application reflects a mortgage on XXXX for $XXXX with a monthly payment of $XXXX along with $XXXX for taxes and insurance. The loan file did not contain documentation to confirm the mortgage payment or taxes and insurance. Additional conditions may apply.

Void

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
We used the credit report for the P&I, and the XXXX Schedule E for the expenses.

Response 1 (XX/XX/XXXX XX:XXPM)
Explanation received is sufficient. (Void)

XXXX

2213402

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM uploaded.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports the stated appraised value within 10%. As this was a PIW loan, per therating agencies, this is graded an EV2. (Resolved)

XXXX

2213600

1 of 4

XXXX

Compliance

TRID - LE/Revised LE Delivery Date (prior to consummation)

XXXX

The loan failed the Revised Loan Estimate delivery date test due to the following: Without evidence of receipt, it is assumed that the disclosure dated XX/XX/XXXX was mailed, and therefore not received by the consumer XXXX business days prior to the consummation date, XX/XX/XXXX. If disclosure was delivered electronically, evidence of receipt as well as the consumer's E-consent is required. Truth in XXXX (Regulation Z) 12 CFR 1026.19(e)(4)(ii)

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
LE tracking

Response 1 (XX/XX/XXXX XX:XXAM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213600

2 of 4

XXXX

Compliance

TRID - Zero Tolerance Violation (Disclosure Timing Fail)

XXXX

The loan failed the charges that cannot increase test. Because the loan failed the revised LE date test, any values that would change under a valid changed circumstance if the disclosure had been delivered timely, will not be considered valid for tolerance purposes. Therefore, baseline did not reset as a result of the following increases: Discount Points. A cost to cure in the amount of $XXXX is required. The violation may be cured if documentation is provided showing the disclosure was delivered timely.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
COC

Response 1 (XX/XX/XXXX XX:XXAM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213600

3 of 4

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213600

4 of 4

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213289

1 of 3

XXXX

Compliance

TRID - LE/Revised LE Delivery Date (prior to consummation)

XXXX

The loan failed the Revised Loan Estimate delivery date test due to the following: Without evidence of receipt, it is assumed that the disclosure dated XX/XX/XXXX was mailed, and therefore not received by the consumer XXXX business days prior to the consummation date, XX/XX/XXXX . If disclosure was delivered electronically, evidence of receipt as well as the consumer's E-consent is required.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
LE tracking

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213289

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213289

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM uploaded.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports the stated appraised value within 10%. As this was a PIW loan, per therating agencies, this is graded an EV2. (Resolved)

XXXX

2213291

1 of 3

XXXX

Compliance

FACTA Disclosure - Missing

XXXX

The FACTA Disclosure (Notice to Home Loan Applicant/Credit Information Disclosure) is missing.

Acknowledged

XXXX

2213291

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213291

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX which supports the appraised value.

Cleared

XXXX

2213292

1 of 3

XXXX

Compliance

QM - Points and Fees

XXXX

The loan's points and fees exceed the Qualified Mortgage points and fees threshold. The loan amount is $XXXX or more, and the transaction's total points and fees is $XXXX, which exceeds XXXX percent of the total loan amount of $XXXX The following fees were included in the testing: Points, Tax Service Fee, Broker Fee (indirect). If discount points and fees are bona-fide and excludable, provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3).

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
QM

XXXX

2213292

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213292

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score of XXXX.

Cleared

XXXX

2213282

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213282

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213282

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM uploaded.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports the stated appraised value within 10%. As this was a PIW loan, per therating agencies, this is graded an EV2. (Resolved)

XXXX

2213283

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213283

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213283

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX.

Cleared

XXXX

2213287

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213287

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213287

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213572

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213572

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213572

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score is XXXX.

Cleared

XXXX

2213658

1 of 4

XXXX

Compliance

QM - Points and Fees

XXXX

The loan's points and fees exceed the Qualified Mortgage points and fees threshold. The loan amount is $XXXX or more, and the transaction's total points and fees is $XXXX, which exceeds XXXX percent of the total loan amount of $XXXX. The following fees were included in the testing: Mortgage Broker Fee $XXXX, Loan Discount Points Fee $XXXX, and Tax Service Fee $XXXX. If discount points and fees are bona-fide and excludable, provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3).

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
QM

XXXX

2213658

2 of 4

XXXX

Compliance

Security Instrument - Power of Attorney Missing

XXXX

There is an individual on the Security Instrument who signed as an agent under a Power of Attorney but the Power of Attorney is missing.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
POA

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213658

3 of 4

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213658

4 of 4

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213660

1 of 3

XXXX

Compliance

QM - Points and Fees

XXXX

The loan's points and fees exceed the Qualified Mortgage points and fees threshold. The loan's total points and fees were $XXXX, which exceeded: XXXX% of total loan amount. The following fees were included in the testing: Administration fee, XXXX fee (indirect), XXXX Points fee and Tax Service fee. If discount points and fees are bona-fide and excludable, provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3).

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
QM

XXXX

2213660

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213660

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score was not provided.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM uploaded.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports origination appraised value within 10%. (Resolved)

XXXX

2213661

1 of 3

XXXX

Compliance

QM - Points and Fees

XXXX

The loan's points and fees exceed the Qualified Mortgage points and fees threshold. The loan amount is $XXXX or more, and the transaction's total points and fees is $XXXX, which exceeds XXXX percent of the total loan amount of $XXXX. The following fees were included in the testing: Administration Fee $XXXX, Mortgage Broker Fee $XXXX, XXXX Fee $XXXX, and Tax Service Fee $XXXX. If discount points and fees are bona-fide and excludable, provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3).

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
QM

XXXX

2213661

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213661

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain a CU score at XXXX or under to support the origination appraised value. CU score is XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM uploaded.

Rebuttal 2 (XX/XX/XXXX XX:XXPM)
DVR provided.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided does not support origination appraised value within 10%. (XXXX)

Response 2 (XX/XX/XXXX XX:XXPM)
DVR provided supports the appraised value. As this was the second valuation product, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213526

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213526

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213526

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score of XXXX.

Cleared

XXXX

2213588

1 of 4

XXXX

Compliance

TRID - CD/Lender Credits that Cannot Decrease (No Valid COC)

XXXX

This loan failed the lender credits that cannot decrease test. (12 CFR §1026.19(e)(3)(i)). The lender credits decreased on the LE issued on XX/XX/XXXX without a valid change of circumstance. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumers, PCCD, copy of the refund and proof of delivery.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
COC

Response 1 (XX/XX/XXXX XX:XXAM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213588

2 of 4

XXXX

Compliance

TRID - Zero Tolerance Violation (No Valid COC)

XXXX

This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i)). A valid change of circumstance was not provided in the loan file; therefore, the addition to the following fee was not accepted: Loan Discount Points on the revised LE issued on XX/XX/XXXX. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumers, PCCD, copy of the refund and proof of delivery.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
COC

Response 1 (XX/XX/XXXX XX:XXAM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213588

3 of 4

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213588

4 of 4

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the stated appraised value. AS this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213655

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213655

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213655

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM uploaded.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports the stated appraised value within 10%. (Resolved)

XXXX

2213519

1 of 4

XXXX

Compliance

QM - Points and Fees

XXXX

The loan's points and fees exceed the Qualified Mortgage points and fees threshold. The loan amount is $XXXX or more, and the transaction's total points and fees is $XXXX, which exceeds XXXX percent of the total loan amount of $XXXX. The following fees were included in the testing: XXXX) $XXXX, Points $XXXX, and Tax Service Fee $XXXX. If discount points and fees are bona-fide and excludable, provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3).

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
QM

XXXX

2213519

2 of 4

XXXX

Compliance

TRID - Zero Tolerance Violation (No COC - Date Undeterminable)

XXXX

The loan failed the charges that cannot increase test. Although the increase may be valid, because a COC was not provided, auditor is unable to determine if the revised CD issued on XX/XX/XXXX was disclosed within XXXX business days of the change. Therefore, the increase to the following fees was not accepted: Points. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
coc

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213519

3 of 4

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213519

4 of 4

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM uploaed.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports the stated appraised value within 10%. As this was a PIW loan, per therating agencies, this is graded an EV2. (Resolved)

XXXX

2213522

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213522

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213522

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. LCA Score XXXX.

Cleared

XXXX

2213514

1 of 12

XXXX

Compliance

Compliance Finding - Other

XXXX

Testing for TILA, Total of payments, federal and state threshold accuracy could not be completed through the compliance tool due to XXXX cert is illegible.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
XXXX

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213514

2 of 12

XXXX

Compliance

Federal - HPML APR/Compliant

XXXX

The loan failed the Federal HPML APR test. Using the greater of the disclosed APR XXXX% and the calculated APR XXXX%, the loan is a higher-priced mortgage loan, as defined in XXXX Rate Set was: XX/XX/XXXX. The loan is a compliant HPML. Escrow, prepayment, and appraisal requirements have been met.

Acknowledged

XXXX

2213514

3 of 12

XXXX

Compliance

HOC - Late

XXXX

The Homeownership Counseling Disclosure (HOC) dated XX/XX/XXXX was not disclosed within XXXX days of the application date, XX/XX/XXXX. Real Estate Settlement Procedures Act (Regulation X) 12 CFR 1024.20(a)(1)

Acknowledged

XXXX

2213514

4 of 12

XXXX

Compliance

QM - Points and Fees

XXXX

The loan's points and fees exceed the Qualified Mortgage points and fees threshold. he loan amount is $XXXX or more, and the transaction's total points and fees is $XXXX, which exceeds XXXX percent of the total loan amount of $XXXX. The following fees were included in the testing: XXXX, XXXX fee (indirect), Points, Tax Service fee. If discount points and fees are bona-fide and excludable, provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3).

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
QM

XXXX

2213514

5 of 12

XXXX

Compliance

State HPML

XXXX

This loan failed the XXXX XXXX CMR XXXX higher-priced mortgage loan test. (XXXX XXXX CMR XXXX) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in the Code of XXXX Regulations.. The loan is a compliant HPML. Escrow, prepayment, and appraisal requirements have been met.

Acknowledged

XXXX

2213514

6 of 12

XXXX

Compliance

TRID - 10% Tolerance Violation (Disclosure Timing Fail)

XXXX

The loan failed the charges that in total cannot increase more than XXXX% test. Because the loan failed the Initial Loan Estimate Delivery Date Test (from application): any values that would change under a valid changed circumstance if the disclosure had been delivered timely, will not be considered valid for tolerance purposes. Therefore, baseline did not reset as a result of the following additions/increases: Lenders Title insurance, Settlement fee, XXXX, Recording fee. A cost to cure in the amount of $XXXX is required. The violation may be cured if documentation is provided showing the disclosure was delivered timely.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
LE

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213514

7 of 12

XXXX

Compliance

TRID - Initial LE/Delivery Date (from application)

XXXX

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
LE

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213514

8 of 12

XXXX

Compliance

TRID - Zero Tolerance Violation (Disclosure Timing Fail)

XXXX

The loan failed the charges that cannot increase test. Because the loan failed the Initial Loan Estimate Delivery Date Test (from application): any values that would change under a valid changed circumstance if the disclosure had been delivered timely, will not be considered valid for tolerance purposes. Therefore, baseline did not reset as a result of the following additions/increases: Points, Admin, Tax Service, Credit report, Flood cert, MERS. A cost to cure in the amount of $XXXX is required. The violation may be cured if documentation is provided showing the disclosure was delivered timely.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
LE

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213514

9 of 12

XXXX

Credit

Gift Letter - Donor Ability

XXXX

Satisfactory evidence was not in the file of the donor's ability to provide funds to the borrower.

Void

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Invalid

Response 1 (XX/XX/XXXX XX:XXAM)
Donor ability is confirmed on the Closing Disclosure. (Void)

XXXX

2213514

10 of 12

XXXX

Credit

Gift Letter - Missing

XXXX

A required gift letter was missing from the file and/or the donor funds were not verified.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Invalid

Response 1 (XX/XX/XXXX XX:XXAM)
Documentation received is sufficient. (Resolved)

XXXX

2213514

11 of 12

XXXX

Credit

MI - Missing Documentation

XXXX

The file contains no evidence that the proper amount of mortgage insurance was obtained. The document in file is illegible

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Invalid

Rebuttal 2 (XX/XX/XXXX XX:XXPM)
XXXX CERT - XXXX

Response 1 (XX/XX/XXXX XX:XXAM)
XXXX not received. XXXX in file is blank. (XXXX)

Response 2 (XX/XX/XXXX XX:XXAM)
Documentation received is sufficient. (Resolved)

XXXX

2213514

12 of 12

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM uploaded.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports origination appraised value within 10%. (Resolved)

XXXX

2213515

1 of 3

XXXX

Compliance

Security Instrument - Incomplete

XXXX

The following section(s) of the Security Instrument (Mortgage/Deed of Trust) is incomplete: The Notary Acknowledgment is missing the Notary Stamp.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
A notary stamp is not required in XXXX when the closing is handled by an attorney.

Response 1 (XX/XX/XXXX XX:XXPM)
The information provided is sufficient to clear the finding. (Resolved)

XXXX

2213515

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213515

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX.

Cleared

XXXX

2213516

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213516

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213516

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213517

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213517

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213517

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The CU did not have a score due to being a XXXX unit property. The Loan file did not contain an AVM, CDA, Field Review, or 2nd appraisal to support the origination appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM uploaded.

Rebuttal 2 (XX/XX/XXXX XX:XXPM)
DVR provided.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports origination appraised value within 10%, however, confidence score is below XXXX. (XXXX)

Response 2 (XX/XX/XXXX XX:XXPM)
DVR provided supports the appraised value. As this was the second valuation product, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213506

1 of 3

XXXX

Compliance

QM - Points and Fees

XXXX

The loan's points and fees exceed the Qualified Mortgage points and fees threshold. The loan amount is $XXXX or more, and the transaction's total points and fees is $XXXX, which exceeds XXXX percent of the total loan amount of $XXXX. The following fees were included in the testing: Administration Fee, Broker Fee, Points, Tax Service Fee. If discount points and fees are bona-fide and excludable, provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3).

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
QM

XXXX

2213506

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213506

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM uploaded.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports the stated appraised value within 10%. As this was a PIW loan, per therating agencies, this is graded an EV2. (Resolved)

XXXX

2213234

1 of 6

XXXX

Compliance

QM - Points and Fees

XXXX

The loan's points and fees exceed the Qualified Mortgage points and fees threshold. This loan has points and fees that exceed the points and fees threshold. (12 CFR 1026.43(e)(3)). The loan amount is $XXXX or more, and the transaction's total points and fees is $XXXX, which exceeds XXXX percent of the total loan amount of $XXXX. If discount points and fees are bona-fide and excludable, provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3).

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
QM

XXXX

2213234

2 of 6

XXXX

Compliance

TRID - CD - Section B incorrect payee

XXXX

The loan contains a fee or fees where 'compensation to' reflects either 'Lender or Broker' under Section B- Services Borrower Did Not Shop For of the revised CD issued on XX/XX/XXXX. XXXX, Credit Report. However, theses fees should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed.

Acknowledged

XXXX

2213234

3 of 6

XXXX

Compliance

TRID - LE/Revised LE Delivery Date (prior to consummation)

XXXX

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
LE tracking

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213234

4 of 6

XXXX

Compliance

TRID - Zero Tolerance Violation (Disclosure Timing Fail)

XXXX

The loan failed the charges that cannot increase test. Because the loan failed the revised LE date test, any values that would change under a valid changed circumstance if the disclosure had been delivered timely, will not be considered valid for tolerance purposes. Therefore, baseline did not reset as a result of the following increases: Discount Points and Transfer Taxes. A total cost to cure in the amount of $XXXX is required, of which $XXXX was cured at closing. A cost to cure in the amount of $XXXX remains. The violation may be cured if documentation is provided showing the disclosure was delivered timely.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
LE, COC

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213234

5 of 6

XXXX

Credit

Debts - Not Verified

XXXX

The application lists a debt with XXXX, with a monthly payment of $XXXX and a balance of $XXXX that was not verified on the credit report and not independently verified.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
This liability was picked up as part of our internal debt monitoring process. See details attached.

Response 1 (XX/XX/XXXX XX:XXPM)
Documentation received is sufficient. (Resolved)

XXXX

2213234

6 of 6

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. LCA score is XXXX

Cleared

XXXX

2213507

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213507

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213507

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM uploaded.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports the stated appraised value within 10%. As this was a PIW loan, per therating agencies, this is graded an EV2. (Resolved)

XXXX

2213575

1 of 3

XXXX

Compliance

QM - Points and Fees

XXXX

The loan's points and fees exceed the Qualified Mortgage points and fees threshold. The loan amount is $XXXX or more, and the transaction's total points and fees is $XXXX, which exceeds XXXX percent of the total loan amount of $XXXX. The following fees were included in the testing: Administration Fee $XXXX, Mortgage Broker Fee $XXXX, XXXX Fee $XXXX and Tax Service Fee $XXXX. If discount points and fees are bona-fide and excludable, provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3).

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
QM

Response 1 (XX/XX/XXXX XX:XXAM)
The undiscounted rate provided is sufficient to clear the finding. (Resolved)

XXXX

2213575

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213575

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213577

1 of 4

XXXX

Compliance

Compliance Finding - Other

XXXX

Testing for TILA, XXXX, Federal and State threshold accuracy could not be completed through the compliance tool due to XXXX missing from the loan file.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
XXXX

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213577

2 of 4

XXXX

Compliance

TRID - CD - Section B incorrect payee

XXXX

The loan contains a fee or fees where 'compensation to' reflects either 'Lender or Broker' under Section B- Services Borrower Did Not Shop For of the revised CD issued on XX/XX/XXXX, Credit Report Fee. However, this fee should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed.

Acknowledged

XXXX

2213577

3 of 4

XXXX

Credit

MI - Missing Documentation

XXXX

The loan file is missing the mortgage insurance certififcate.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
XXXX

Response 1 (XX/XX/XXXX XX:XXPM)
Documentation received is sufficient. (Resolved)

XXXX

2213577

4 of 4

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU Score of XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the appraised value. (Resolved)

XXXX

2218250

1 of 5

XXXX

Compliance

Compliance Finding - Other

XXXX

Testing for TILA,XXXX, Federal and State threshold accuracy could not be completed through the compliance tool due to XXXX missing from the loan file

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
XXXX provided.

Response 1 (XX/XX/XXXX XX:XXAM)
The documents provided are sufficient to clear the finding. (Resolved)

XXXX

2218250

2 of 5

XXXX

Compliance

Security Instrument - Missing Rider/Addendum

XXXX

The following referenced Rider(s) / Legal Addendum(s) are missing: Exhibit A and XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Invalid - DOT has XXXX (XX/XX/XXXX XX:XXPM)
Legal

Response 1 (XX/XX/XXXX XX:XXAM)
The PUD Rider has been provided, however Exhibit A Legal Description was not provided. (XXXX)

Response 2 (XX/XX/XXXX XX:XXAM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2218250

3 of 5

XXXX

Compliance

TRID - CD - Section B incorrect payee

XXXX

The loan contains a fee or fees where 'compensation to' reflects either 'Lender or Broker' under Section B- Services Borrower Did Not Shop For of the revised CD issued on XX/XX/XXXX. XXXX. However, this fee should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed.

Acknowledged

XXXX

2218250

4 of 5

XXXX

Credit

MI - Missing Documentation

XXXX

The file is missing XXXX cert as required.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
XXXX

Response 1 (XX/XX/XXXX XX:XXPM)
Documentation received is sufficient. (Resolved)

XXXX

2218250

5 of 5

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213335

1 of 5

XXXX

Compliance

Compliance Finding - Other

XXXX

Testing for TILA, XXXX, Federal and State threshold accuracy could not be completed through the compliance tool due to XXXX missing from the loan file.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
XXXX CERT

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213335

2 of 5

XXXX

Compliance

QM - Points and Fees

XXXX

The loan's points and fees exceed the Qualified Mortgage points and fees threshold. The loan's total points and fees were $XXXX, which exceeded: The loan amount is $XXXX or more, and the transaction's total points and fees is $XXXX, which exceeds XXXX percent of the total loan amount of $XXXX. The following fees were included in the testing: Administration $XXXX, Broker Compensation $XXXX, Loan Discount Points $XXXX and Tax Service $XXXX. If discount points and fees are bona-fide and excludable, please provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3).

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
QM

XXXX

2213335

3 of 5

XXXX

Credit

Credit Missing - One or More Reports Missing

XXXX

Not all required credit reports are within the file. Missing B-XXXX credit report.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
See attached

Response 1 (XX/XX/XXXX XX:XXAM)
Documentation received is sufficient. (Resolved)

XXXX

2213335

4 of 5

XXXX

Credit

MI - Missing Documentation

XXXX

The file is missing XXXX certificate.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
XXXX

Response 1 (XX/XX/XXXX XX:XXAM)
Documentation received is sufficient. (Resolved)

XXXX

2213335

5 of 5

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213593

1 of 3

XXXX

Compliance

Compliance Finding - Other

XXXX

Testing for TILA, XXXX, Federal and State threshold accuracy could not be completed through the compliance tool due to XXXX missing from the loan file.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
XXXX

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213593

2 of 3

XXXX

Credit

MI - Missing Documentation

XXXX

The file contains no evidence that the proper amount of mortgage insurance was obtained, and the qualifying monthly XXXX payment was not confirmed. XXXX Certification was not present in the loan file.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
XXXX

Response 1 (XX/XX/XXXX XX:XXPM)
Documentation received is sufficient. (Resolved)

XXXX

2213593

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score is XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the appraised value. (Resolved)

XXXX

2213583

1 of 3

XXXX

Compliance

TRID - CD - Section B incorrect payee

XXXX

The loan contains a fee or fees where 'compensation to' reflects either 'Lender or Broker' under Section B- Services Borrower Did Not Shop For of the revised CD issued on XX/XX/XXXX. Credit Report FBO the Broker. However, this fee should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed.

Acknowledged

XXXX

2213583

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213583

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213578

1 of 6

XXXX

Compliance

HOC - Late

XXXX

Acknowledged

XXXX

2213578

2 of 6

XXXX

Compliance

TRID - 10% Tolerance Violation (Disclosure Timing Fail)

XXXX

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Initial LE

Response 1 (XX/XX/XXXX XX:XXAM)
The documents provided are sufficient to clear the finding. (Resolved)

XXXX

2213578

3 of 6

XXXX

Compliance

TRID - Initial LE/Delivery Date (from application)

XXXX

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Initial CD sent by mail XXXX/XXXX

Response 1 (XX/XX/XXXX XX:XXAM)
Initial CD dated XXXX/XXXX was not for the subject transaction. However, initial XXXX was provided. (Resolved)

XXXX

2213578

4 of 6

XXXX

Compliance

TRID - Zero Tolerance Violation (Disclosure Timing Fail)

XXXX

The loan failed the charges that cannot increase test. Because the loan failed the Initial LE date test, any values that would change under a valid changed circumstance if the disclosure had been delivered timely, will not be considered valid for tolerance purposes. Therefore, baseline did not reset as a result of the following additions/increases: Discount Points, Administration Fee, Broker Fee, Tax Service Fee, XXXX, Credit Report Fee, Flood Certification, MERS Registration Fee, Third Party Processing. A cost to cure in the amount of $XXXX is required. The violation may be cured if documentation is provided showing the disclosure was delivered timely.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Initial LE was sent via USPS on XX/XX/XXXX because the borrowers had not provided consent. The XXXX/XXXX LE is a revised LE

Response 1 (XX/XX/XXXX XX:XXAM)
The documents provided are sufficient to clear the finding. (Resolved)

XXXX

2213578

5 of 6

XXXX

Credit

Income - Pay Stubs Missing

XXXX

The loan file does not contain any paystubs for XXXX XXXX. Per the DU, a paystub or standard VOE, including all year-to-date earnings is required to calculate income.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Invalid - VOI has YTD

Response 1 (XX/XX/XXXX XX:XXPM)
Documentation received is sufficient. (Resolved)

XXXX

2213578

6 of 6

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX.

Cleared

XXXX

2218260

1 of 4

XXXX

Compliance

Security Instrument - Missing

XXXX

The Security Instrument (Mortgage/Deed of Trust) is missing.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
DOT

Response 1 (XX/XX/XXXX XX:XXAM)
The documents provided are sufficient to clear the finding. (Resolved)

XXXX

2218260

2 of 4

XXXX

Compliance

TRID - CD - Section B incorrect payee

XXXX

The loan contains a fee or fees where 'compensation to' reflects either 'Lender or Broker' under Section B- Services Borrower Did Not Shop For of the revised CD issued onXX/XX/XXXX . Credit Report Fee. However, this fee should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed.

Acknowledged

XXXX

2218260

3 of 4

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2218260

4 of 4

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213336

1 of 4

XXXX

Compliance

TRID - LE/Revised LE Delivery Date (prior to consummation)

XXXX

The loan failed the Revised Loan Estimate delivery date test due to the following: Without evidence of receipt, it is assumed that the disclosure dated XX/XX/XXXX was mailed, and therefore not received by the consumer XXXX business days prior to the consummation date, XX/XX/XXXX. If disclosure was delivered electronically, evidence of receipt as well as the consumer's E-consent is required.in Lending Act (Regulation Z)12 CFR 1026.19(e)(4)(ii)

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
LE tracking

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213336

2 of 4

XXXX

Compliance

TRID - Zero Tolerance Violation (Disclosure Timing Fail)

XXXX

The loan failed the charges that cannot increase test. Because the loan failed the Revised Loan Estimate Delivery Date Test (prior to consummation), any values that would change under a valid changed circumstance if the disclosure had been delivered timely, will not be considered valid for tolerance purposes. Therefore, baseline did not reset as a result of the following additions/increases: Points. A cost to cure in the amount of $XXXX is required. The violation may be cured if documentation is provided showing the disclosure was delivered timely.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
coc

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213336

3 of 4

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213336

4 of 4

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score of XXXX.

Cleared

XXXX

2213675

1 of 3

XXXX

Compliance

TRID - CD - Section B incorrect payee

XXXX

The loan contains a fee or fees where 'compensation to' reflects either 'Lender or Broker' under Section B- Services Borrower Did Not Shop For of the revised CD issued on XX/XX/XXXX. Credit Report. However, this fee should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed.

Acknowledged

XXXX

2213675

2 of 3

XXXX

Credit

Hazard Insurance - Missing/Insufficient

XXXX

The loan was missing current hazard insurance policy on the subject property with sufficient coverage/replacement cost. There is no proof of hazard insurance provided in the file. Provide proof of insurance and proof of AOP deductible.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
This is an invalid. App date is XX/XX/XXXX, XXXX loans per the PNMAC & FNMA/FHLMC requirements no longer had specific coverage % requirements.

Response 1 (XX/XX/XXXX XX:XXAM)
Insurance evidence received is sufficient. (Resolved)

XXXX

2213675

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The CU score is XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports origination appraised value within 10%. (Resolved)

XXXX

2218257

1 of 3

XXXX

Compliance

ROR - Timing

XXXX

This loan failed the TILA right of rescission test. Closed-end (12 CFR §1026.23(a)(3), transferred from 12 CFR §226.23(a)(3)),Open-end (12 CFR §1026.15(a)(3), transferred from 12 CFR §226.15(a)(3)) The funding date, XX/XX/XXXX, is before the third business day following consummation, XX/XX/XXXX. The consumer may exercise the right to rescind until midnight of the third business day following consummation, delivery of the notice required by 12 CFR §XXXX or §XXXX, or delivery of all material disclosures, whichever occurs last.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Disbursement date

Response 1 (XX/XX/XXXX XX:XXAM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2218257

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2218257

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The CU score is not provided.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports origination appraised value within 10%. (Resolved)

XXXX

2218248

1 of 4

XXXX

Compliance

Compliance Finding - Other

XXXX

Testing for TILA, XXXX, Federal and State threshold accuracy could not be completed through the compliance tool due to XXXX missing from the loan file.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
XXXX

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2218248

2 of 4

XXXX

Compliance

TRID - CD - Section B incorrect payee

XXXX

The loan contains a fee or fees where 'compensation to' reflects either 'Lender or Broker' under Section B- Services Borrower Did Not Shop For of the revised CD issued on XX/XX/XXXX. Credit Report Fee. However, this fee should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed.

Acknowledged

XXXX

2218248

3 of 4

XXXX

Credit

MI - Missing Documentation

XXXX

The AUS indicates mortgage insurance is required. A mortgage insurance payment was included in the DTI; however, no documentation was provided to confirm the monthly payment or the coverage.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
XXXX attached.

Response 1 (XX/XX/XXXX XX:XXAM)
Documentation received is sufficient. (Resolved)

XXXX

2218248

4 of 4

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213492

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213492

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213492

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213601

1 of 3

XXXX

Compliance

TRID - CD - Section B incorrect payee

XXXX

The loan contains a fee or fees where 'compensation to' reflects either 'Lender or Broker' under Section B- Services Borrower Did Not Shop For of the revised CD issued on XX/XX/XXXX. Credit Report Fee. However, this fee should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed.

Acknowledged

XXXX

2213601

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213601

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports origination appraised value within 10%. (Resolved)

XXXX

2213597

1 of 5

XXXX

Compliance

TRID - CD - Section B incorrect payee

XXXX

The loan contains a fee where 'compensation to' reflects either 'Lender or Broker' under Section B- Services Borrower Did Not Shop For on the revised CD issued on XX/XX/XXXX. Credit Report Fee. However, this fee should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed.

Acknowledged

XXXX

2213597

2 of 5

XXXX

Compliance

TRID - Initial CD/Delivery Date (prior to consummation) Non- Rescindable

XXXX

The loan failed the Initial Closing Disclosure delivery date test due to the following: Without evidence of receipt, it is assumed that the disclosure dated XX/XX/XXXX was mailed, and therefore not received by the consumer XXXX business days prior to the consummation date, XX/XX/XXXX. If disclosure was delivered electronically, evidence of receipt as well as the consumer's E-consent is required.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
See attached log confirming the CD was sent & reviewed on XXXX/XXXX.

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213597

3 of 5

XXXX

Credit

Credit Missing - One or More Reports Missing

XXXX

Not all required credit reports are within the file. Loan file is missing credit report for borrower XXXX, XXXX. Additional conditions may apply.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
CBR attached

Response 1 (XX/XX/XXXX XX:XXAM)
Documentation received is sufficient. (Resolved)

XXXX

2213597

4 of 5

XXXX

Credit

Liabilities - Collection Account

XXXX

DU #XXXX required the past-due child support in the amount of $XXXX be satisfied prior to or at closing, and sufficient funds to settle the item must be verified and documented. The loan file did not contain evidence the past-due child support had been satisfied.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Required docs

Response 1 (XX/XX/XXXX XX:XXAM)
Documentation received is sufficient. (Resolved)

XXXX

2213597

5 of 5

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2218262

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2218262

2 of 3

XXXX

Credit

Assets - Earnest money/Missing Sales Contract

XXXX

The amount of earnest money shown on the sales contract does not agree with the verification provided. The loan application and the purchase agreement reflect an EMD of $XXXX. As a result the final LP approval indicates only $XXXX as required borrower funds. The final CD reflects an EMD of only $XXXX. Therefore, funds to close were actually $XXXX. The loan file did not contain evidence of sufficient liquid assets. Additional conditions may apply.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
According to XXXX guidelines (Section 5501.3), when retirement account assets are used for closing funds, evidence of actual liquidation is not required as long as the combined value of the assets is at least XXXX% greater than the amount needed. This means that if the account value is at least XXXX% of the required funds, you do not need to prove the funds were withdrawn.

Rebuttal 2 (XX/XX/XXXX XX:XXPM)
Terms of withdrawal

Response 1 (XX/XX/XXXX XX:XXPM)
Rebuttal is accurate, however 401K and XXXXR withdrawal terms are required. (XXXX)

Response 2 (XX/XX/XXXX XX:XXAM)
Documentation received is sufficient. (Resolved)

XXXX

2218262

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score is XXXX.

Cleared

XXXX

2213659

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213659

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213659

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213513

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213513

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213513

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213337

1 of 5

XXXX

Compliance

Compliance Finding - Other

XXXX

Testing for TILA, XXXX, Federal and State threshold accuracy could not be completed through the compliance tool due to XXXX missing from the loan file.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
XXXX CERT

Response 1 (XX/XX/XXXX XX:XXAM)
The documents provided are sufficient to clear the finding. (Resolved)

XXXX

2213337

2 of 5

XXXX

Credit

Credit Missing - One or More Reports Missing

XXXX

The loan file is missing credit reports for the following borrowers: XXXX and XXXX. Additional conditions may apply.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
CBRs for all borrowers

Response 1 (XX/XX/XXXX XX:XXPM)
Documentation received is sufficient. (Resolved)

XXXX

2213337

3 of 5

XXXX

Credit

Gift Letter - No Evidence of Funds

XXXX

The gift letter reflected a $XXXX gift that would be transferred to title at closing. The CD does not reflect gift funds. There is no evidence of the transfer of gift funds from the donor to the borrower. The borrowers are short funds to closing without gift funds. Additional conditions may apply.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
See evidence of receipt to XXXX.

Response 1 (XX/XX/XXXX XX:XXPM)
Documentation received is sufficient. (Resolved)

XXXX

2213337

4 of 5

XXXX

Credit

MI - Missing Documentation

XXXX

DU #XXXX required mortgage insurance coverage of XXXX%. The loan file did not contain the XXXX Certificate to confirm sufficient coverage.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
XXXX

Response 1 (XX/XX/XXXX XX:XXAM)
Documentation received is sufficient. (Resolved)

XXXX

2213337

5 of 5

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score is XXXX.

Cleared

XXXX

2213315

1 of 3

XXXX

Compliance

TRID - Initial CD/Delivery Date (prior to consummation)- Rescindable

XXXX

Rescindable Transaction. The loan failed the Initial Closing Disclosure delivery date test due to the following: Without evidence of receipt, it is assumed that the disclosure dated XX/XX/XXXX was mailed, and therefore not received by the consumer XXXX business days prior to the consummation date, XX/XX/XXXX. If disclosure was delivered electronically, evidence of receipt as well as the consumer's E-consent is required.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
Consent, tracking

Response 1 (XX/XX/XXXX XX:XXAM)
The documents provided are sufficient to clear the finding. (Resolved)

XXXX

2213315

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213315

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX

Cleared

XXXX

2213396

1 of 4

XXXX

Compliance

TRID - 10% Tolerance Violation (No Valid COC)

XXXX

The loan failed the charges that in total cannot increase more than XXXX% test. A valid change of circumstance was not provided in the loan file. Therefore, the increase to the following fees was not accepted: The XXXX, XXXX, and XXXX. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
coc

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213396

2 of 4

XXXX

Compliance

TRID - Zero Tolerance Violation (No Valid COC)

XXXX

The loan failed the charges that cannot increase test. A valid change of circumstance was not provided in the loan file. Therefore, the increase/addition to the following fees was not accepted: XXXX. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Cure

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213396

3 of 4

XXXX

Credit

Title Report - Lien Position

XXXX

The title commitment does not confirm first XXXX position. The title commitment in file reflected the borrowers had XXXX judgments and liens that need to be disposed of, and the loan file did not contain any documentation confirming they had been satisfied or disposed of as required.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Borrower attestation

Response 1 (XX/XX/XXXX XX:XXAM)
Documentation received is sufficient. (Resolved)

XXXX

2213396

4 of 4

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. LCA Score XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Rebuttal 2 (XX/XX/XXXX XX:XXPM)
DVR provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided does not support origination appraised value within 10%. (XXXX)

Response 2 (XX/XX/XXXX XX:XXPM)
DVR provided supports the appraised value within 10%. As this was the second valuation product, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213398

1 of 4

XXXX

Compliance

TRID - Zero Tolerance Violation (No COC - Date Undeterminable)

XXXX

The loan failed the charges that cannot increase test. Although the increase may be valid, because a COC was not provided, auditor is unable to determine if the CD issued on XX/XX/XXXX was disclosed within XXXX business days of the change. Therefore, the increase to the following fees was not accepted: Discount Points. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
coc

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213398

2 of 4

XXXX

Compliance

TRID - Zero Tolerance Violation (No Valid COC)

XXXX

The loan failed the charges that cannot increase test. A valid change of circumstance was not provided in the loan file. Therefore, the increase/addition to the following fees was not accepted: Settlement fee and Document Signing Fee. A cost to cure in the amount of $XXXX was required of which $XXXX was cured on the CD. A cost to cure in the amount of $XXXX is still required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
coc

Rebuttal 2 (XX/XX/XXXX XX:XXPM)
coc

Response 1 (XX/XX/XXXX XX:XXPM)
The COC provided on XXXX/XXXX does not detail why the settlement fee increased. The dual signing fee was already reimbursed at closing. The cost to cure remains. (XXXX)

Response 2 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213398

3 of 4

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213398

4 of 4

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213399

1 of 5

XXXX

Compliance

QM - Points and Fees

XXXX

The loan's points and fees exceed the Qualified Mortgage points and fees threshold. The loan amount is $XXXX or more, and the transaction's total points and fees is $XXXX, which exceeds XXXX percent of thetotal loan amount of $XXXX The following fees were included in the testing: Abstract/Title Search $XXXX, Application Fee $XXXX, Appraisal Fee $XXXX, XXXX Title Insurance $XXXX, Points $XXXX, Recording Service Fee $XXXX, Title Endorsement Fee $XXXX, Title Service Fee $XXXX, Underwriting $XXXX. If discount points and fees are bona-fide and excludable, provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3).

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
QM

Rebuttal 2 (XX/XX/XXXX XX:XXPM)
Loan points

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is not sufficient to clear the finding. The LOE provided discloses there are Bona Fide points; however, the Undiscounted Rate has not been provided. Please provide the UDR for testing. (XXXX)

Response 2 (XX/XX/XXXX XX:XXPM)
The undiscounted rate provided is sufficient to clear the finding. (Resolved)

XXXX

2213399

2 of 5

XXXX

Compliance

TRID - 10% Tolerance Violation (No Valid COC)

XXXX

The loan failed the charges that in total cannot increase more than XXXX% test. A valid change of circumstance was not provided in the loan file. Therefore, the increase/addition to the following fees was not accepted: Attorney Fee added, XXXX added, XXXX increased. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
coc

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213399

3 of 5

XXXX

Compliance

TRID - Zero Tolerance Violation (No Valid COC)

XXXX

The loan failed the charges that cannot increase test. A valid change of circumstance was not provided in the loan file. Therefore, the increase/addition to the following fees was not accepted: Transfer Tax increase, Title Service Fee. A cost to cure in the amount of $XXXX is required. Reimbursement in the amount of $XXXX was provided at closing. Remaining cost to sure in the amount of $XXXX is still due. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
coc

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213399

4 of 5

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213399

5 of 5

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score of XXXX.

Cleared

XXXX

2213401

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213401

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213401

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213404

1 of 4

XXXX

Compliance

QM - Points and Fees

XXXX

The loan's points and fees exceed the Qualified Mortgage points and fees threshold. The loan's total points and fees were $XXXX, which exceeded: XXXX% of total loan amount for loans > $XXXX. The following fees were included in the testing: Points $XXXX, Underwriting Fee $XXXX, XXXX Title Insurance $XXXX, Application Fee $XXXX, Settlement Fee $XXXX, and Tax Service Fee $XXXX. If discount points and fees are bona-fide and excludable, provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3).

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
QM

XXXX

2213404

2 of 4

XXXX

Compliance

TRID - Initial CD/Delivery Date (prior to consummation)- Rescindable

XXXX

The loan failed the Initial Closing Disclosure delivery date test due to the following: The Closing Disclosure was not received by the borrower at least three business days prior to the Consummation Date. The CD issued on XX/XX/XXXX was signed and dated on, XX/XX/XXXX. If the disclosure was delivered electronically evidence of receipt as well as the consumer's E-consent is required.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
ICD

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213404

3 of 4

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213404

4 of 4

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports origination appraised value within 10%. (Resolved)

XXXX

2218209

1 of 6

XXXX

Compliance

Security Instrument - Inaccurate

XXXX

The security instrument was not completed accurately. The Name of the Development on the Condo Rider does not match the Condominium Project Name in the legal description.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Please see attached

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2218209

2 of 6

XXXX

Compliance

TRID - 10% Tolerance Violation (No Valid COC)

XXXX

The loan failed the charges that in total cannot increase more than XXXX% test. A valid change of circumstance was not provided in the loan file. Therefore, the increase to the following fee was not accepted: Recording Fee. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
cure

Response 1 (XX/XX/XXXX XX:XXAM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2218209

3 of 6

XXXX

Compliance

TRID - Initial CD/Delivery Date (prior to consummation) Non- Rescindable

XXXX

The loan failed the Initial Closing Disclosure delivery date test due to the following: The Closing Disclosure was not received by the borrower at least three business days prior to the Consummation Date. The CD issued on XX/XX/XXXX was signed and dated at consummation, XX/XX/XXXX. If disclosure was delivered electronically evidence of receipt as well as the consumer's E-consent is required.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
CD tracking

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2218209

4 of 6

XXXX

Compliance

TRID - Zero Tolerance Violation (No Valid COC)

XXXX

The loan failed the charges that cannot increase test. A valid change of circumstance was not provided in the loan file. Therefore, the increase to the following fee was not accepted: Points - Loan Discount Fee. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
cure

Response 1 (XX/XX/XXXX XX:XXAM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2218209

5 of 6

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2218209

6 of 6

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the stated appraised value within 10%. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213284

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213284

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213284

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The LCA Score is XXXX.

Cleared

XXXX

2213285

1 of 3

XXXX

Compliance

TRID - Zero Tolerance Violation (No Valid COC)

XXXX

The loan failed the charges that cannot increase test. A valid change of circumstance was not provided in the loan file. Therefore, the increase to the following fees was not accepted: Discount Points. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Change of Circumstance

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213285

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213285

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. LCA score is XXXX.

Cleared

XXXX

2213286

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213286

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213286

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the stated appraised value within 10%. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213317

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213317

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213317

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX.

Cleared

XXXX

2213595

1 of 3

XXXX

Compliance

QM - Points and Fees

XXXX

The loan's points and fees exceed the Qualified Mortgage points and fees threshold. The loan amount is $XXXX or more, and the transaction's total points and fees is $XXXX, which exceeds XXXX percent of the total loan amount of $XXXX. The following fees were included in the testing: Application Fee $XXXX, XXXX Title Insurance $XXXX, XXXX Fee $XXXX, Title - Closing Fee $XXXX, Tax Service Fee $XXXX, Title Endorsement Fee $XXXX, and Underwriting Fee $XXXX. If discount points and fees are bona-fide and excludable, provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3).

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
QM

Response 1 (XX/XX/XXXX XX:XXAM)
The documents provided are sufficient to clear the finding. (Resolved)

XXXX

2213595

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213595

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The LCA Score is XXXX.

Cleared

XXXX

2213524

1 of 3

XXXX

Compliance

QM - Points and Fees

XXXX

The loan's points and fees exceed the Qualified Mortgage points and fees threshold. The loan amount is $XXXX or more, and the transaction's total points and fees is $XXXX, which exceeds XXXX percent of the total loan amount of $XXXX. The following fees were included in the testing: Application Fee $XXXX, XXXX $XXXX, Points $XXXX, Settlement or Closing Fee $XXXX, Tax Service Fee $XXXX and Underwriting Fee $XXXX. If discount points and fees are bona-fide and excludable, provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3).

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
QM

XXXX

2213524

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213524

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM uploaded.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports the stated appraised value within 10%. As this was a PIW loan, per therating agencies, this is graded an EV2. (Resolved)

XXXX

2213527

1 of 3

XXXX

Compliance

QM - Points and Fees

XXXX

The loan's points and fees exceed the Qualified Mortgage points and fees threshold. The loan amount is $XXXX or more, and the transaction's total points and fees is $XXXX, which exceeds XXXX percent of the total loan amount of $XXXX. The following fees were included in the testing: Application Fee $XXXX, Points - Loan Discount Fee $XXXX, Tax Service Fee $XXXX, Underwriting Fee $XXXX. If discount points and fees are bona-fide and excludable, provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3).

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
QM

XXXX

2213527

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213527

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score is XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports origination appraised value within 10%. (Resolved)

XXXX

2213342

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213342

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213342

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains an ACM dated XX/XX/XXXX, which supports the appraised value.

Cleared

XXXX

2218263

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2218263

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2218263

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score is XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports origination appraised value within 10%. (Resolved)

XXXX

2213230

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213230

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213230

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU Score of XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports origination appraised value within 10%. (Resolved)

XXXX

2213233

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213233

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213233

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213509

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213509

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213509

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the stated appraised value within 10%. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213510

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213510

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213510

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM uploaded.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the stated appraised value within 10%. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213232

1 of 5

XXXX

Compliance

ROR - Timing

XXXX

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
PCCD, ALTA

Response 1 (XX/XX/XXXX XX:XXAM)
The documents provided are sufficient to clear the finding. (Resolved)

XXXX

2213232

2 of 5

XXXX

Credit

Income - Tax Return Documentation Incomplete

XXXX

Tax returns for the previous two (XXXX) years (including all schedules and XXXX forms) were not obtained or were not properly retained in the file. XXXX has XXXX% ownership in XXXX in XXXX. Per XXXX guidelines, the complete XXXX-S is required in addition to the XXXX. The loan file included the XXXX business tax returns however only the XXXX XXXX was provided, the complete XXXX business tax returns for XXXX in XXXX. are missing. An extension was not provided for XXXX.

Void

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
This business was qualified with a loss. In that case, additional documentation is not required.

Response 1 (XX/XX/XXXX XX:XXPM)
Explanation received is sufficient. (Void)

XXXX

2213232

3 of 5

XXXX

Credit

Liabilities - Excluded Debts

XXXX

There was no explanation or support for the omission of one or more debts from the initial application. XXXX reflects the XXXX installment was omitted from DTI. The loan file included XXXX months business bank statements evidencing that the debt is paid by the business. XXXX XXXX requires the file contains evidence that the debt has been paid timely by the Borrower’s business for no less than the most recent XXXX months. The loan file included statements from XXXX/XXXX – XXXX/XXXX, the XXXX/XXXX statement is missing to complete a full XXXX months. If the $XXXX payment were to be included in DTI the DTI would be excessive at XXXX%.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
XXXX statement

Response 1 (XX/XX/XXXX XX:XXPM)
Documentation received is sufficient. (Resolved)

XXXX

2213232

4 of 5

XXXX

Credit

Verification Documentation - VOE Self-Employed/Missing

XXXX

A VOE is missing from the loan file. The loan file is missing a Verification of Self-Employment for the co-borrower. The loan file is missing the third party verification of business existence for XXXX.

Void

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
The business was qualified with a loss so additional validation is not required.

Response 1 (XX/XX/XXXX XX:XXPM)
Explanation received is sufficient. (Void)

XXXX

2213232

5 of 5

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213312

1 of 3

XXXX

Compliance

QM - Points and Fees

XXXX

The loan's points and fees exceed the Qualified Mortgage points and fees threshold. The loan amount is $XXXX or more, and the transaction's total points and fees is $XXXX, which exceeds XXXX percent of the total loan amount of $XXXX. The following fees were included in the testing: Application Fee $XXXX, Lender's Title Insurance Policy $XXXX, Points Loan Discount Fee $XXXX, Settlement or Closing Fee $XXXX, State Premium Tax $XXXX, Tax Service Fee $XXXX and Underwriting Fee $XXXX. If discount points and fees are bona-fide and excludable, provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3)

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
QM

Response 1 (XX/XX/XXXX XX:XXAM)
The undiscounted rate provided is sufficient to clear the finding. (Resolved)

XXXX

2213312

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213312

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213231

1 of 3

XXXX

Compliance

QM - Points and Fees

XXXX

This loan has points and fees that exceed the points and fees threshold. (12 CFR 1026.43(e)(3)). The loan amount is $XXXX or more, and the transaction's total points and fees is $XXXX, which exceeds XXXX percent of the total loan amount of $XXXX. The following fees were included in the testing: Application Fee $XXXX, Lender's Title Insurance $XXXX, Points $XXXX, Settlement Fee $XXXX, Tax Service Fee $XXXX, Underwriting Fee $XXXX. If discount points and fees are bona-fide and excludable, provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3).

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
QM

Response 1 (XX/XX/XXXX XX:XXAM)
The undiscounted rate provided is sufficient to clear the finding. (Resolved)

XXXX

2213231

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213231

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX.

Cleared

XXXX

2213236

1 of 3

XXXX

Compliance

QM - Points and Fees

XXXX

The loan's points and fees exceed the Qualified Mortgage points and fees threshold. The loan amount is $XXXX or more, and the transaction's total points and fees is $XXXX, which exceeds XXXX percent of the total loan amount of $XXXX. The following fees were included in the testing: Loan Discount Point Fee $XXXX, Tax Service Fee $XXXX, and Underwriting Fee $XXXX. If discount points and fees are bona-fide and excludable, provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3).

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
QM

Response 1 (XX/XX/XXXX XX:XXAM)
The undiscounted rate provided is sufficient to clear the finding. (Resolved)

XXXX

2213236

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213236

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score of XXXX.

Cleared

XXXX

2218265

1 of 4

XXXX

Compliance

QM - Points and Fees

XXXX

The loan's points and fees exceed the Qualified Mortgage points and fees threshold. The loan's total points and fees were $XXXX, which exceeded: XXXX% of total loan amount $XXXX. The following fees were included in the testing: Application Fee, Lender's Title Insurance, Discount Points, Settlement Fee, Endorsement Fee. If discount points and fees are bona-fide and excludable, provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3).

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
QM

Response 1 (XX/XX/XXXX XX:XXAM)
The Undiscounted Rate provided allows for the exclusion of bona fide discount points. Upon recalculation, the loan is compliant and passes the Points and Fees test. (Resolved)

XXXX

2218265

2 of 4

XXXX

Compliance

TRID - Initial CD/Delivery Date (prior to consummation)- Rescindable

XXXX

Rescindable Transaction. The loan failed the Initial Closing Disclosure delivery date test due to the following: The Closing Disclosure was not received by the borrower at least three business days prior to the Consummation Date. The CD issued on XX/XX/XXXX was signed and dated at consummation, XX/XX/XXXX. If disclosure was delivered electronically evidence of receipt as well as the consumer's E-consent is required.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Initial Closing disclosure

Response 1 (XX/XX/XXXX XX:XXAM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2218265

3 of 4

XXXX

Credit

Debts - Not Verified

XXXX

The application lists significant debts that were not verified on the credit report and not independently verified. The loan application reflects a total of XXXX debts; however, the joint credit report dated XX/XX/XXXX only reflects XXXX outstanding debts. The file did not contain documentation verifying all of the debts listed on the XXXX, which may affect the overall DTI qualifying. Please provide additional debt documentation. ***additional conditions may apply ***

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
QM

Rebuttal 2 (XX/XX/XXXX XX:XXPM)
The other debts are listed on pages XXXX-XXXX of the credit report.

Response 1 (XX/XX/XXXX XX:XXPM)
Defect not addressed. (XXXX)

Response 2 (XX/XX/XXXX XX:XXAM)
Documentation received is sufficient. (Resolved)

XXXX

2218265

4 of 4

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX.

Cleared

XXXX

2213500

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213500

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213500

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the stated appraised value within 10%. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213571

1 of 4

XXXX

Compliance

QM - Points and Fees

XXXX

The loan's points and fees exceed the Qualified Mortgage points and fees threshold. The loan's total points and fees were $XXXX, which exceeded: The loan amount is $XXXX or more, and the transaction's total points and fees is $XXXX, which exceeds XXXX percent of the total loan amount of $XXXX. The following fees were included in the testing: Application $XXXX, Loan Discount Points $XXXX, Tax Service $XXXX, Underwriting $XXXX, Title - Lender's Title Insurance $XXXX, Title - Closing $XXXX and Title - Endorsements $XXXX (title services fees payable to the affiliate of lender). If discount points and fees are bona-fide and excludable, please provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3).

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
QM

Response 1 (XX/XX/XXXX XX:XXAM)
The undiscounted rate provided is sufficient to clear the finding. (Resolved)

XXXX

2213571

2 of 4

XXXX

Compliance

TRID - Zero Tolerance Violation (No Valid COC)

XXXX

This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i)). A valid change of circumstance was not provided in the loan file; therefore, the increases to the following fees were not accepted: Title - Lender's Title Insurance and Title - Endorsements (payable to the affiliate of lender) on the revised CD issued on XX/XX/XXXX. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer, PCCD, copy of the refund and proof of delivery.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
Fees response

Response 1 (XX/XX/XXXX XX:XXAM)
The documents provided are sufficient to clear the finding. (Resolved)

XXXX

2213571

3 of 4

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213571

4 of 4

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2218259

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2218259

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2218259

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213701

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213701

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213701

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2218208

1 of 3

XXXX

Compliance

TRID - Zero Tolerance Violation (Revised Disclosure Late)

XXXX

The loan failed the charges that cannot increase test. Because the change occurred on XX/XX/XXXX, and consumer was not provided the disclosure within XXXX days of the change, the increase to the following fees was not accepted as valid: Loan Discount Points and XXXX fee. A cost to cure in the amount of $XXXX is required, of which $XXXX was reimbursed at closing. There is a remaining cost to cure in the amount of $XXXX. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
COC

Response 1 (XX/XX/XXXX XX:XXAM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2218208

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2218208

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The loan file did not contain any other valuation product to support the appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports origination appraised value within 10%. (Resolved)

XXXX

2213403

1 of 4

XXXX

Compliance

TRID - CD - $100 Tolerance Threshold/Non-Rescindable

XXXX

This loan failed the TILA finance charge test.(12 CFR §1026.38(o)(2)) The finance charge is $XXXX. The disclosed finance charge of $XXXX is not considered accurate because it is understated by more than $XXXX. The following fees were included in the Finance Charge calculation: CPL $XXXX, Condo Questionnaire $XXXX, Recording Service fee $XXXX, Flood Certification $XXXX, MERS Registration fee $XXXX, Prepaid Interest $XXXX, Processing fee $XXXX, Settlement fee $XXXX, Title Coordination fee $XXXX, Tax Service fee $XXXX and Underwriting fee $XXXX. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
TILA cure with evidence of deposit into borrowers account for cure

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213403

2 of 4

XXXX

Compliance

TRID - Zero Tolerance Violation (No Valid COC)

XXXX

The loan failed the charges that cannot increase test. A valid change of circumstance was not provided in the loan file. Therefore, the increase to the following fees was not accepted: XXXX and Credit Report. A cost to cure in the amount of $XXXX is required of which $XXXX was reimbursed at closing, there is a remaining cost to cure of $XXXX. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Docs uploaded.

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213403

3 of 4

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213403

4 of 4

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU XXXX.

Cleared

XXXX

2213288

1 of 3

XXXX

Compliance

HOC - Undated

XXXX

There is no date evident on the Homeownership Counseling Disclosure (HOC) provided in the loan file; cannot determine if it was disclosed to the borrower within XXXX business days of the application date, XX/XX/XXXX. Real Estate Settlement Procedures Act (Regulation X) 12 CFR XXXX

Acknowledged

XXXX

2213288

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213288

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX.

Cleared

XXXX

2213290

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213290

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213290

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the stated appraised value within 10%. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213293

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213293

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213293

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX.

Cleared

XXXX

2213656

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213656

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213656

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM uploaded.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports the stated appraised value within 10%. As this was a PIW loan, per therating agencies, this is graded an EV2. (Resolved)

XXXX

2213657

1 of 4

XXXX

Compliance

HOC - Missing

XXXX

The Homeownership Counseling Disclosure (HOC) is missing. Real Estate Settlement Procedures Act (Regulation X) 12 CFR 1024.20(a)

Acknowledged

XXXX

2213657

2 of 4

XXXX

Compliance

TRID - CD - Section B incorrect payee

XXXX

The loan contains a fee or fees where 'compensation to' reflects either 'Lender or Broker' under Section B- Services Borrower Did Not Shop For of the revised CD issued on XX/XX/XXXX . XXXX, Credit Report fee, XXXX fraud report, flood Determination, Tax service fee, and verification services. However, this fee should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed.

Acknowledged

XXXX

2213657

3 of 4

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213657

4 of 4

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2218211

1 of 3

XXXX

Compliance

TRID - CD/Lender Credits that Cannot Decrease (No Valid COC)

XXXX

The loan failed the Lender Credits that Cannot Decrease Test. The lender credit decreased on the CD issued on XX/XX/XXXX without a valid change of circumstance. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
COC

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2218211

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2218211

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX.

Cleared

XXXX

2213525

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213525

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213525

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score of XXXX.

Cleared

XXXX

2213528

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213528

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213528

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. An AVM was provided post-closing which supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded as an EV2.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM supports. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213518

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213518

2 of 3

XXXX

Credit

Assets - Cash to Close

XXXX

Per the LP loan approval proceeds from the sale of the departure residence at XXXX were used to qualify. The proceeds were required to be verified with the Settlement/Closing Disclosure Statement. The loan file did not contain a fully executed CD.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
This was in the file

Rebuttal 2 (XX/XX/XXXX XX:XXPM)
CD

Response 1 (XX/XX/XXXX XX:XXAM)
This document is not Final or Alta. it is not executed and the was printed XXXX days prior to the reflected closing date. (XXXX)

Response 2 (XX/XX/XXXX XX:XXAM)
Documentation received is sufficient. (Resolved)

XXXX

2213518

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX.

Cleared

XXXX

2213520

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213520

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213520

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

Appraisal - Value is supported within 10% of original appraisal amount. The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score is XXXX.

Cleared

XXXX

2213521

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213521

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213521

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213590

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213590

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213590

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213523

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213523

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213523

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX.

Cleared

XXXX

2213512

1 of 3

XXXX

Compliance

TRID - CD - Section B incorrect payee

XXXX

The loan contains fees where 'compensation to' reflects either 'Lender or Broker' under Section B- Services Borrower Did Not Shop For on the revised CD issued on XX/XX/XXXX. MERS Registration Fee, Verification Fee. However, these fees should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed.

Acknowledged

XXXX

2213512

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213512

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the stated appraised value within 10%. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213508

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213508

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213508

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the stated appraised value within 10%. (Resolved)

XXXX

2213511

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213511

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213511

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the stated appraised value within 10%. Per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213501

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213501

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213501

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX.

Cleared

XXXX

2213310

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213310

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213310

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213502

1 of 3

XXXX

Compliance

TRID - LE/Revised Delivery Date (after issue of CD)

XXXX

The loan failed the Revised Loan Estimate delivery date test (after issuance of Closing Disclosure). The Revised Loan Estimate issued on XX/XX/XXXX was issued after providing the Closing Disclosure issued on XX/XX/XXXX. Truth in XXXX (Regulation Z) 12 CFR 1026.19(e)(4)(ii)

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
ICD

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213502

2 of 3

XXXX

Credit

Condo - Documentation

XXXX

Loan file did not contain required condo documentation, and is missing the completed XXXX as required.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
CPM approval, questionnaire not required

Response 1 (XX/XX/XXXX XX:XXAM)
Documentation received is sufficient. (Resolved)

XXXX

2213502

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX.

Cleared

XXXX

2213503

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213503

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213503

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the stated appraised value within 10%. Per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213504

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213504

2 of 3

XXXX

Credit

Gift Letter - No Evidence of Funds

XXXX

No evidence of the transfer of gift funds from the donor to the borrower was located in the file. The loan file contained gift letters for $XXXX and $XXXX which were funds required to cover the total cash to close; however, the loan file did not contain any documentation confirming the borrower actually received the gift funds, or that they were sent directly to the Title company as required.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Assets

Response 1 (XX/XX/XXXX XX:XXAM)
Documentation received is sufficient. (Resolved)

XXXX

2213504

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score XXXX.

Cleared

XXXX

2213494

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213494

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213494

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213495

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213495

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213495

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score is XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports origination appraised value within 10%. (Resolved)

XXXX

2213505

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213505

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213505

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX.

Cleared

XXXX

2213496

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213496

2 of 3

XXXX

Credit

Gift Letter - No Evidence of Funds

XXXX

The AUS with LP reflects a gift of $XXXX. The file does contain a gift letter for this amount along with another gift letter in the amount of $XXXX. No evidence of the transfer of any gift funds from the donor to the borrower or to closing was located in the file. Without the gift funds, funds to close shortage of $XXXX.

Void

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
The LPA was run with only one gift. It appears the original gift was $XXXX but only $XXXX was needed, thus the second gift letter. Per FNMA B3-XXXX-XXXX, Verifying Donor Availability of Funds and Transfer of XXXX, acceptable transfer of gift funds includes a settlement statement showing receipt of the donor’s check. The final CD section L Row XXXX confirms receipt of gift funds.

Response 1 (XX/XX/XXXX XX:XXAM)
Final CD reflects gift transfer. (Void)

XXXX

2213496

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213497

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213497

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213497

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU Score of XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports origination appraised value within 10%. (Resolved)

XXXX

2213498

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213498

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213498

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
BPO provided.

Response 1 (XX/XX/XXXX XX:XXAM)
BPO provided supports the appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2.

XXXX

2213499

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213499

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213499

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213488

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213488

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213488

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213489

1 of 3

XXXX

Compliance

TRID - CD - Loan Disclosures/Escrow Account

XXXX

The Escrow Account Disclosure on the CD issued on XX/XX/XXXX is inaccurate due to the following: The disclosure does not disclose if the Borrower declined the escrow account or if the Lender does not offer an escrow account. Truth in XXXX (Regulation Z) 12 CFR 1026.38(l)(7)

Acknowledged

XXXX

2213489

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213489

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. Subject is XXXX units and CU score is N/A.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
DVR provided.

Response 1 (XX/XX/XXXX XX:XXPM)
DVR provided supports the appraised value. (Resolved)

XXXX

2213490

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213490

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213490

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213491

1 of 5

XXXX

Compliance

Federal - HPML APR/Compliant

XXXX

Acknowledged

XXXX

2213491

2 of 5

XXXX

Compliance

Security Instrument - Incomplete

XXXX

The following section of the Security Instrument (Mortgage/Deed of Trust) is incomplete: The date the borrower signed the mortgage is missing on page XXXX of XXXX.

Acknowledged

XXXX

2213491

3 of 5

XXXX

Compliance

TRID - Initial CD/Delivery Date (prior to consummation) Non- Rescindable

XXXX

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
ICD with tracking

Response 1 (XX/XX/XXXX XX:XXPM)
The documents provided are sufficient to clear the finding. (Resolved)

XXXX

2213491

4 of 5

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213491

5 of 5

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. No CU or LCA score due to subject is a XXXX-unit property.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports origination appraised value within 10%. (Resolved)

XXXX

2213493

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213493

2 of 3

XXXX

Credit

Income - Social Security/Pension

XXXX

Social security income was considered as effective income for borrower XXXX. Review of the benefit letters, XXXX, and income worksheet reflect the total combined social security income for the borrower was grossed up XXXX% versus the allowed XXXX%. In order to gross up more than XXXX%, the file must contain official tax documentation or proof proving a greater amount or all of the benefit is non-taxable and is missing from the file. Using qualifying income grossed up XXXX% $XXXX versus qualifying income $XXXX results in the DTI exceeding the AUS allowable tolerance and resubmission required.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Income

Response 1 (XX/XX/XXXX XX:XXAM)
Documentation received is sufficient. (Resolved)

XXXX

2213493

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. Subject XXXX unit. CU score is N/A.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports origination appraised value within 10%. (Resolved)

XXXX

2213553

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213553

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213553

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score is XXXX.

Cleared

XXXX

2213554

1 of 3

XXXX

Compliance

QM - Points and Fees

XXXX

The loan's points and fees exceed the Qualified Mortgage points and fees threshold. The loan amount is $XXXX or more, and the transaction's total points and fees is $XXXX, which exceeds XXXX percent of the total loan amount of $XXXX. The following fees were included in the testing: Admin Fee $XXXX, Broker Indirect Fee $XXXX, and Points-Discount Fee $XXXX. If discount points and fees are bona-fide and excludable, provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3).

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
undiscounted rate

Response 1 (XX/XX/XXXX XX:XXPM)
The undiscounted rate provided is sufficient to clear the finding. (Resolved)

XXXX

2213554

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213554

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Rebuttal 2 (XX/XX/XXXX XX:XXAM)
BPO provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided does not support the stated appraised value within 10%.

Response 2 (XX/XX/XXXX XX:XXAM)
BPO provided supports the stated value within 10%. As this was a PIW loan and the second valuation product, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213683

1 of 3

XXXX

Compliance

TRID - CD - Section B incorrect payee

XXXX

The loan contains a fee or fees where 'compensation to' reflects either 'Lender or Broker' under Section B- Services Borrower Did Not Shop For of the revised PCCD issued on XX/XX/XXXX. Hybrid E-Sign Fee. However, this fee should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed.

Acknowledged

XXXX

2213683

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213683

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX.

Cleared

XXXX

2213555

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213555

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213555

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score is XXXX.

Cleared

XXXX

2213556

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213556

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213556

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score XXXX.

Cleared

XXXX

2213557

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213557

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213557

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213558

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213558

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213558

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The CU score is XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports origination appraised value within 10%. (Resolved)

XXXX

2218213

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2218213

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2218213

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX.

Cleared

XXXX

2213547

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213547

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213547

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX.

Cleared

XXXX

2213548

1 of 4

XXXX

Compliance

Federal - HPML APR/Compliant

XXXX

Acknowledged

XXXX

2213548

2 of 4

XXXX

Compliance

QM - Rebuttable Presumption

XXXX

This loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. (12 CFR 1026.43(b)(4), (e)(1)). This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX%.

Acknowledged

XXXX

2213548

3 of 4

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213548

4 of 4

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The CU score is XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM was a no hit. DVR ordered.

Rebuttal 2 (XX/XX/XXXX XX:XXPM)
DVR provided.

Response 1 (XX/XX/XXXX XX:XXAM)
Awaiting DVR. (XXXX)

Response 2 (XX/XX/XXXX XX:XXPM)
DVR supports. (Resolved)

XXXX

2218214

1 of 5

XXXX

Compliance

TRID - 10% Tolerance Violation (Disclosure Timing Fail)

XXXX

The loan failed the charges that in total cannot increase more than XXXX% test. Because the loan failed the Initial LE date test, any values that would change under a valid changed circumstance if the disclosure had been delivered timely, will not be considered valid for tolerance purposes. Therefore, baseline did not reset as a result of the following additions/increases: Electronic Document Delivery Fee $XXXX, XXXX Title Insurance $XXXX, Settlement or Closing Fee $XXXX, Survey Fee $XXXX, Tax Certificate Fee $XXXX, Document Preparation Fee $XXXX, Title Endorsement Fee $XXXX, Title Policy Guaranty Fee $XXXX and Recording Fees $XXXX. A cost to cure in the amount of $XXXX is required, of which $XXXX was applied at closing for the increase to the recording fees. The remaining cost to cure is $XXXX. The violation may be cured if documentation is provided showing the disclosure was delivered timely.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Initial LE

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2218214

2 of 5

XXXX

Compliance

TRID - Initial LE/Delivery Date (from application)

XXXX

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Initial LE

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2218214

3 of 5

XXXX

Compliance

TRID - Zero Tolerance Violation (Disclosure Timing Fail)

XXXX

The loan failed the charges that cannot increase test. Because the loan failed the Initial LE date test, any values that would change under a valid changed circumstance if the disclosure had been delivered timely, will not be considered valid for tolerance purposes. Therefore, baseline did not reset as a result of the following additions/increases: Points $XXXX, Processing $XXXX, Underwriting $XXXX, Appraisal $XXXX, Credit Report $XXXX and XXXX Attorney Fee $XXXX. A cost to cure in the amount of $XXXX is required. The violation may be cured if documentation is provided showing the disclosure was delivered timely.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Initial LE

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2218214

4 of 5

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2218214

5 of 5

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The CU score is XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
DVR provided.

Response 1 (XX/XX/XXXX XX:XXPM)
DVR provided supports the appraised value. (Resolved)

XXXX

2213549

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213549

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213549

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. LCA score was XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Rebuttal 2 (XX/XX/XXXX XX:XXPM)
DVR provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided does not support origination appraised value within 10%. (XXXX)

Response 2 (XX/XX/XXXX XX:XXPM)
DVR provided supports the appraised value. As this was the second valuation product, per the rating agencies, this is graded an EV2.

XXXX

2213550

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213550

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213550

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score of XXXX.

Cleared

XXXX

2213551

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213551

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213551

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score of XXXX.

Cleared

XXXX

2218215

1 of 4

XXXX

Compliance

TRID - CD - Loan Disclosures/Escrow Account

XXXX

The Escrow Account Disclosure on the CD issued on XX/XX/XXXX is inaccurate due to the following: It was not disclosed if the borrower declined or if the lender does not offer an escrow account. Truth in XXXX (Regulation Z) 12 CFR 1026.38(l)(7)

Acknowledged

XXXX

2218215

2 of 4

XXXX

Compliance

TRID - Zero Tolerance Violation (No Valid COC)

XXXX

This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i)). A valid change of circumstance was not provided in the loan file; therefore, the increase to the following fee was not accepted: Loan Discount Points on the revised CD issued on XX/XX/XXXX. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumers, PCCD, copy of the refund and proof of delivery.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
COC

Rebuttal 2 (XX/XX/XXXX XX:XXAM)
COC

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is not sufficient to clear the finding. The COC dated XX/XX/XXXX has a valid reason for the increase; however, the fee increased on XX/XX/XXXX. A cost to cure in the amount of $XXXX remains. (XXXX)

Response 2 (XX/XX/XXXX XX:XXAM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2218215

3 of 4

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2218215

4 of 4

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated, XX/XX/XXXX, which supports the appraised value.

Cleared

XXXX

2213552

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213552

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213552

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score of XXXX

Cleared

XXXX

2213541

1 of 3

XXXX

Compliance

TRID - Zero Tolerance Violation (No Valid COC)

XXXX

The loan failed the charges that cannot increase test. A valid change of circumstance was not provided in the loan file. Therefore, the increase to the following fees was not accepted: Appraisal - Operating Income Statement/Rent Fee, LE XX/XX/XXXX. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
CHC and LE

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213541

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213541

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score of XXXX.

Cleared

XXXX

2213542

1 of 3

XXXX

Compliance

TRID - Zero Tolerance Violation (No Valid COC)

XXXX

The loan failed the charges that cannot increase test. A valid change of circumstance was not provided in the loan file. Therefore, the addition to the following fees was not accepted: Rate Lock extension fee. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
COC for extension

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213542

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213542

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score of XXXX

Cleared

XXXX

2213543

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213543

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213543

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU Score is XXXX.

Cleared

XXXX

2213544

1 of 3

XXXX

Compliance

TRID - CD - Section B incorrect payee

XXXX

The loan contains a fee where 'compensation to' reflects either 'Lender or Broker' under Section B - Services Borrower Did Not Shop For of the revised CD issued on XX/XX/XXXX: Tax Service. However, this fee should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed.

Acknowledged

XXXX

2213544

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213544

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The LCA Score is XXXX.

Cleared

XXXX

2213545

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213545

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213545

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score of XXXX.

Cleared

XXXX

2213546

1 of 3

XXXX

Compliance

TRID - CD - Section B incorrect payee

XXXX

The loan contains a fee or fees where 'compensation to' reflects either 'Lender or Broker' under Section B- Services Borrower Did Not Shop For of the revised CD issued on XX/XX/XXXX. VOE and Credit report. However, this fee should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed.

Acknowledged

XXXX

2213546

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213546

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213535

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213535

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213535

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score of XXXX.

Cleared

XXXX

2213536

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213536

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213536

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU Score of XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM was a No Hit; DVR ordered.

Rebuttal 2 (XX/XX/XXXX XX:XXPM)
DVR provided.

Response 1 (XX/XX/XXXX XX:XXPM)
Awaiting DVR. (XXXX)

Response 2 (XX/XX/XXXX XX:XXPM)
DVR supports. (Resolved)

XXXX

2213537

1 of 4

XXXX

Compliance

QM - Points and Fees

XXXX

The loan's points and fees exceed the Qualified Mortgage points and fees threshold. The loan's total points and fees were $XXXX, which exceeded: XXXX% of total loan amount. The following fees were included in the testing: Loan Origination Fee $XXXX, Mortgage Insurance Premium $XXXX, Points $XXXX, Processing Fee $XXXX, and Underwriting Fee $XXXX. If discount points and fees are bona-fide and excludable, provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3).

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
lock with rate stack to confirm bona fide points

XXXX

2213537

2 of 4

XXXX

Compliance

Security Instrument - Incomplete

XXXX

The following section of the Security Instrument (Mortgage/Deed of Trust) is incomplete: The date the borrowers signed and the date the notary acknowledged is missing from page XXXX of XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
This is an invalid request - there is no DATE requirement on the Security Instrument form on page XXXX

Response 1 (XX/XX/XXXX XX:XXPM)
The information provided is sufficient to clear the finding. (Resolved)

XXXX

2213537

3 of 4

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213537

4 of 4

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CU score of XXXX.

Cleared

XXXX

2213538

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213538

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213538

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CU score of XXXX.

Cleared

XXXX

2213539

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213539

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213539

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2218216

1 of 3

XXXX

Compliance

TRID - CD - Non-Borrower with Right to Rescind

XXXX

There is no evidence of an initial CD provided to the non-borrower. Per regulation, CD(s) must be provided to all who have the right to rescind. Truth in XXXX (Regulation Z) 12 CFR 1026.19(f)(1)(i), 12 CFR 1026.2(a)(11)

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
LOE

Response 1 (XX/XX/XXXX XX:XXPM)
Based on updated guidance, NBS is not required to receive the Initial CD if Final CD is received. (Resolved.

XXXX

2218216

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2218216

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213529

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213529

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213529

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2218217

1 of 3

XXXX

Compliance

TRID - CD/Lender Credits that Cannot Decrease (No Valid COC)

XXXX

The loan failed the Lender Credits that Cannot Decrease Test. The lender credit decreased on the CD issued on XX/XX/XXXX without a valid change of circumstance. The rate lock sheets dated XX/XX/XXXX and XX/XX/XXXX did not disclose any changes in the pricing that would support a valid reason for the decrease of the Lender Credits. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Cure docs

Rebuttal 2 (XX/XX/XXXX XX:XXAM)
Refund package

Response 1 (XX/XX/XXXX XX:XXPM)
Documents not received. Please resubmit. (XXXX)

Response 2 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2218217

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2218217

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX.

Cleared

XXXX

2213540

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213540

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213540

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX.

Cleared

XXXX

2213530

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213530

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213530

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213531

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213531

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213531

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213533

1 of 4

XXXX

Compliance

TRID - 10% Tolerance Violation (Disclosure Timing Fail)

XXXX

The loan failed the charges that in total cannot increase more than XXXX% test. Because the loan failed the Initial Loan Estimate delivery date test (from application), any values that would change under a valid changed circumstance if the disclosure had been delivered timely, will not be considered valid for tolerance purposes. Therefore, baseline did not reset as a result of the following additions/increases: Lender's Title Insurance, Recording Fee. A cost to cure in the amount of $XXXX is required. The violation may be cured if documentation is provided showing the disclosure was delivered timely.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Initial LE

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213533

2 of 4

XXXX

Compliance

TRID - Initial LE/Delivery Date (from application)

XXXX

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Initial LE

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213533

3 of 4

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213533

4 of 4

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The CU score is XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM was a no hit; DVR provided.

Response 1 (XX/XX/XXXX XX:XXPM)
DVR provided supports the appraised value. (Resolved)

XXXX

2213534

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213534

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213534

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score of XXXX.

Cleared

XXXX

2213532

1 of 5

XXXX

Compliance

TRID - 10% Tolerance Violation (Disclosure Timing Fail)

XXXX

The loan failed the charges that in total cannot increase more than XXXX% test. Because the loan failed the Initial LE date test, any values that would change under a valid changed circumstance if the disclosure had been delivered timely, will not be considered valid for tolerance purposes. Therefore, baseline did not reset as a result of the following additions/increases: Closing Protection Letter Fee, Lender's Title Insurance Policy, Title Endorsement Fee, Transaction and Recording Fee. A cost to cure in the amount of $XXXX is required of which $XXXX was reimbursed at closing. There is a remaining cost to cure in the amount of $XXXX. The violation may be cured if documentation is provided showing the disclosure was delivered timely.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
LE

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213532

2 of 5

XXXX

Compliance

TRID - Initial LE/Delivery Date (from application)

XXXX

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
LE

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213532

3 of 5

XXXX

Compliance

TRID - Zero Tolerance Violation (Disclosure Timing Fail)

XXXX

The loan failed the charges that cannot increase test. Because the loan failed the Initial LE date test, any values that would change under a valid changed circumstance if the disclosure had been delivered timely, will not be considered valid for tolerance purposes. Therefore, baseline did not reset as a result of the following additions/increases: Points - Loan Discount Fee, Administration Fee, Processing Fee, Credit Report Fee, Flood Certification, Settlement or Closing Fee, and Technology fee. A cost to cure in the amount of $XXXX is required. The violation may be cured if documentation is provided showing the disclosure was delivered timely.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
LE

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213532

4 of 5

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213532

5 of 5

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213722

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213722

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213722

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score of XXXX.

Cleared

XXXX

2213723

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213723

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213723

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX.

Cleared

XXXX

2213724

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213724

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213724

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX.

Cleared

XXXX

2213725

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213725

2 of 3

XXXX

Credit

Income - Business Tax Returns

XXXX

Copies of signed federal business income tax returns (including all schedules) were not obtained or were not properly retained in the file. The co-borrower was qualified with Schedule C income totaling $XXXX. The loan file contained page XXXX and page XXXX of the borrower's XXXX and XXXX personal tax returns; however, the loan file did not contain XXXX for either year as required.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Tax Return

Response 1 (XX/XX/XXXX XX:XXPM)
Documentation received is sufficient. (Resolved)

XXXX

2213725

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213726

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213726

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213726

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213727

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213727

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213727

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213716

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213716

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213716

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213717

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213717

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213717

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX.

Cleared

XXXX

2213719

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213719

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213719

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213720

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213720

2 of 3

XXXX

Credit

Assets - Cash to Close

XXXX

The file did not contain evidence the borrower had the proper amount of funds required to close. Document sufficient assets for cash to close in the amount of $XXXX. Currently short $XXXX.

Void

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Total funds to be verified per the AUS is XXXX. Your finding is invalid

Response 1 (XX/XX/XXXX XX:XXPM)
Explanation received is sufficient. (Void)

XXXX

2213720

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value.

Cleared

XXXX

2218219

1 of 4

XXXX

Compliance

Security Instrument - Incomplete

XXXX

The following section of the Security Instrument (Mortgage/Deed of Trust) is incomplete: The date the borrower signed the security instrument is missing on page XXXX of XXXX and on the PUD rider.

Acknowledged

XXXX

2218219

2 of 4

XXXX

Compliance

TRID - Zero Tolerance Violation (No Valid COC)

XXXX

The loan failed the charges that cannot increase test. A valid change of circumstance was not provided in the loan file. Therefore, the increase to the following fee was not accepted: XXXXXX/XX/XXXX). A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Cure package

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2218219

3 of 4

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2218219

4 of 4

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213718

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213718

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213718

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The CU score is XXXX. The loan file did not contain any other valuation product to support the appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports origination appraised value within 10%. (Resolved)

XXXX

2213721

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213721

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213721

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports origination appraised value within 10%. (Resolved)

XXXX

2213710

1 of 3

XXXX

Compliance

Security Instrument - Incomplete

XXXX

The following section of the Security Instrument (Mortgage/Deed of Trust) is incomplete: The date the borrowers signed the mortgage is missing on page XXXX of XXXX.

Acknowledged

XXXX

2213710

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213710

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213711

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213711

2 of 3

XXXX

Credit

Income - Insufficient Documentation

XXXX

The XXXX's conclusions on the adequacy and the stability of the applicant's income was not supported by documentation in the file. The loan file is missing the most recent paystub with YTD earnings or a written VOE for the co-borrower as required per AUS/LP.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Pay stubs

Response 1 (XX/XX/XXXX XX:XXAM)
Documentation received is sufficient. (Resolved)

XXXX

2213711

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports origination appraised value within 10%. (Resolved)

XXXX

2213712

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213712

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213712

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The loan file contains a CU dated XX/XX/XXXX of XXXX which does not support the appraised value. Additional conditions may apply.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
DVR provided.

Response 1 (XX/XX/XXXX XX:XXAM)
DVR provided supports the appraised value. (Resolved)

XXXX

2213713

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213713

2 of 3

XXXX

Credit

Credit Report - Other

XXXX

There are additional credit findings. Credit Report not present in file.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
Credit Report

Response 1 (XX/XX/XXXX XX:XXAM)
Documentation received is sufficient. (Resolved)

XXXX. XXXX%. XXXX months of reserves.

XXXX

2213713

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score is XXXX. The loan file did not contain any other valuation product to support the appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports origination appraised value within 10%. (Resolved)

XXXX

2213714

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213714

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213714

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX.

Cleared

XXXX

2213715

1 of 3

XXXX

Compliance

Security Instrument - Inaccurate

XXXX

The security instrument was not completed accurately. The Notary Signature date is before the Borrowers signatures and the XXXX date.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Deed of Trust

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213715

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213715

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX.

Cleared

XXXX

2213649

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213649

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213649

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213650

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213650

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213650

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU is XXXX.

Cleared

XXXX

2218220

1 of 4

XXXX

Compliance

TRID - CD - Section B incorrect payee

XXXX

The loan contains a fee where 'compensation to' reflects either 'Lender or Broker' under Section B- Services Borrower Did Not Shop For of the revised CD issued on XX/XX/XXXX. Income/Asset Verification Fee. However, this fee should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed.

Acknowledged

XXXX

2218220

2 of 4

XXXX

Compliance

TRID - CD - Total of Payments (TOP) Non-Rescindable

XXXX

Non-Rescindable. The loan failed the TRID Total of Payments tolerance test. Per Regulation Z, the Total of Payments is considered inaccurate if the disclosed Total of Payments is understated by more than $XXXX. The final (last revised) CD issued on XX/XX/XXXX has a disclosed Total of Payments of $XXXX, which is less than the system calculated Total of Payments of $XXXX. The Total of Payments on the final CD is understated by $XXXX which is more than the allowable tolerance of $XXXX. A cost to cure in the amount of $XXXX is required.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Loan is in a dry funding state, final figures were provided on CD issued XX/XX/XXXX. All tests of TOP passes. Uploaded test for review. XXXX is provided through XXXX% LTV. Cannot recreate the failure. Additional details are requested.

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2218220

3 of 4

XXXX

Credit

Assets - Cash to Close

XXXX

The file did not contain evidence the borrower had the proper amount of funds required to close. The borrower was required to provide documentation supporting assets totaling $XXXX to cover the required cash to close. The Final XXXX and the loan approval reflected the borrower had a brokerage account with XXXX with a balance of $XXXX and XXXX retirement accounts with XXXX totaling $XXXX. The loan file contained a brokerage statement confirming the $XXXX; however, the loan file did not contain any statements for the XXXX retirement accounts.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Bank Statements

Response 1 (XX/XX/XXXX XX:XXAM)
Documentation received is sufficient. (Resolved)

XXXX

2218220

4 of 4

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX.

Cleared

XXXX

2213651

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213651

2 of 3

XXXX

Credit

Program Parameters - LTV

XXXX

The maximum LTV, per guidelines, is XXXX%; however, the loan closed with an LTV of XXXX%, which exceeds the maximum.

Void

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Please clarify: We have an Accept/Eligible AUS cert with LTV XXXX%. Why do you believe the maximum per guidelines is XXXX%? Thank you!

Response 1 (XX/XX/XXXX XX:XXAM)
Please disregard. (Void)

XXXX

2213651

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score XXXX.

Cleared

XXXX

2213652

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213652

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213652

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score of XXXX.

Cleared

XXXX

2213653

1 of 3

XXXX

Compliance

TRID - CD/Payee Not Listed

XXXX

The loan contains the following fee or fees where 'compensation to' does not reflect a XXXX on the revised CD. Appraisal.

Acknowledged

XXXX

2213653

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213653

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213654

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213654

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213654

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. The loan file contained a CDA dated XX/XX/XXXX that supported the value.

Cleared

XXXX

2218221

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2218221

2 of 3

XXXX

Credit

Borrower - (EAD) Risk Category

XXXX

The Borrower is not a US Citizen and provided an Employment Authorization Document (EAD) with a Category of C08 indicating that the Borrower is an XXXX or under suspended deportation orders.

Waived

Response 1 (XX/XX/XXXX XX:XXAM)
Waiver granted by Investor. (Waived)

XXXX (XX/XX/XXXX XX:XXPM)
Client reviewed and elects to waive. Condition is a client overlay. Borrower meets XXXX eligibility.

XXXX. $XXXX per month residual income. XXXX months of reserves.

XXXX

2218221

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX.

Cleared

XXXX

2213643

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213643

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213643

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score is XXXX.

Cleared

XXXX

2213644

1 of 3

XXXX

Compliance

TRID - CD/Payee Not Listed

XXXX

The loan contains the following fee: Verification Fee where 'compensation to' does not reflect a XXXX on the revised CD.

Acknowledged

XXXX

2213644

2 of 3

XXXX

Credit

Gift Letter - No Evidence of Funds

XXXX

No evidence of the transfer of gift funds from the donor to the borrower was located in the file. The Final Closing Disclosure reflected a gift of $XXXX being applied to the total cash to close, and the loan file contained a gift letter from the borrower's spouse for $XXXX; however, the loan file did not contain any documentation such as a wire to the title company from the donor, confirming the transfer of funds as required.

Void

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Per FNMA B3-XXXX-XXXX, Verifying Donor Availability of Funds and Transfer of XXXX, acceptable transfer of gift funds includes a settlement statement showing receipt of the donor’s check. The final CD section L Row XXXX confirms receipt of gift funds.

Response 1 (XX/XX/XXXX XX:XXAM)
Explanation received is sufficient. (Void)

XXXX

2213644

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2218222

1 of 4

XXXX

Compliance

TRID - CD - Section B incorrect payee

XXXX

The loan contains a fee or fees where 'compensation to' reflects either 'Lender or Broker' under Section B - Services Borrower Did Not Shop For on the revised CD issued on XX/XX/XXXX (Verification Fee). However, this fee should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed.

Acknowledged

XXXX

2218222

2 of 4

XXXX

Credit

Assets - Cash to Close

XXXX

The loan application reflected the borrowers sold a propertXXXXXXXX. DU condition #XXXX required evidence of the final CD to confirm net equity of $XXXX. The loan file did not contain the final CD as required. Additional conditions may apply.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
XXXX CD

Response 1 (XX/XX/XXXX XX:XXAM)
Documentation received is sufficient. (Resolved)

XXXX

2218222

3 of 4

XXXX

Credit

Liabilities - Excluded Debts

XXXX

The loan application reflected the borrowers sold a propertXXXXXXXX. DU condition #XXXX required evidence the mortgages associated with this property, XXXX and XXXX, were paid off. The loan file did not contain the final CD to confirm these mortgages had been paid off as required. Additional conditions may apply.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
XXXX CD

Response 1 (XX/XX/XXXX XX:XXAM)
Documentation received is sufficient. (Resolved)

XXXX

2218222

4 of 4

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2218223

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2218223

2 of 3

XXXX

Credit

Gift Letter - No Evidence of Funds

XXXX

No evidence of the transfer of gift funds from the donor to the borrower was located in the file. One of the following is required: A copy of the gift donor's check and the borrower's deposit slip, a copy of the donor's withdrawal slip and the borrower's deposit slip, evidence of the electronic transfer of funds from the donor's account to the borrower's account or the closing agent, or a copy of the donor's check to the closing agent

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
XXXX

Response 1 (XX/XX/XXXX XX:XXAM)
Documentation received is sufficient. (Resolved)

XXXX

2218223

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU is XXXX.

Cleared

XXXX

2213645

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213645

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213645

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports origination appraised value within 10%. (Resolved)

XXXX

2213637

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213637

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213637

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score is XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports origination appraised value within 10%. (Resolved)

XXXX

2213638

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213638

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213638

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX.

Cleared

XXXX

2213646

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213646

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213646

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213647

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213647

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213647

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score of XXXX.

Cleared

XXXX

2213648

1 of 4

XXXX

Compliance

TRID - CD - Revised CD Delivery Date (No Waiting Period)

XXXX

This loan failed the revised Closing Disclosure delivery date test (no waiting period required) due to the following: The Closing Disclosure was not received by the borrower prior to the Consummation Date. The CD issued on XX/XX/XXXX was signed XX/XX/XXXX and the consummation date was, XX/XX/XXXX. If disclosure was delivered electronically evidence of receipt as well as the consumer's E-consent is required. Truth in XXXX (Regulation Z) 12 CFR 1026.19(f)(2)(i)

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
CD executed as post, docusign confirmation of receipt with package XXXX confirmed, econsent

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213648

2 of 4

XXXX

Compliance

TRID - Zero Tolerance Violation (No Valid COC)

XXXX

The loan failed the charges that cannot increase test. A valid change of circumstance was not provided in the loan file. Therefore, the increase to the following fees was not accepted: XXXX. A COC document was provided with a reason of Fee Escalation; however, no details were provided to support a valid reason for the increase. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
CIC provided with details to support appraisal fee increase

Response 1 (XX/XX/XXXX XX:XXPM)
The documents provided are sufficient to clear the finding. (Resolved)

XXXX

2213648

3 of 4

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213648

4 of 4

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX, which supports the original appraised value.

Cleared

XXXX

2213631

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213631

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213631

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score XXXX.

Cleared

XXXX

2213639

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213639

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213639

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX.

Cleared

XXXX

2213640

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213640

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213640

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score is XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports origination appraised value within 10%. (Resolved)

XXXX

2213641

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213641

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213641

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX.

Cleared

XXXX

2213642

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213642

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213642

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX.

Cleared

XXXX

2218224

1 of 4

XXXX

Compliance

TRID - CD - Incomplete / Inaccurate - Non-Rescindable Transaction

XXXX

Non-Rescindable Transaction. CD dated XX/XX/XXXX is missing page XXXX. Truth in XXXX (Regulation Z) 12 CFR XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Full XX.XX.XXXX CD

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2218224

2 of 4

XXXX

Compliance

TRID - CD/Payee Not Listed

XXXX

The loan contains the following fee or fees where 'compensation to' does not reflect a XXXX on the revised CD, Title Document Preparation Fee.

Acknowledged

XXXX

2218224

3 of 4

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2218224

4 of 4

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213633

1 of 3

XXXX

Compliance

TRID - LE/Revised LE Delivery Date (prior to consummation)

XXXX

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
disclosure tracking

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213633

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213633

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX.

Cleared

XXXX

2213632

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213632

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213632

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX.

Cleared

XXXX

2218225

1 of 3

XXXX

Compliance

TRID - Initial CD/Delivery Date (prior to consummation)- Rescindable

XXXX

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
ICD EOD

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2218225

2 of 3

XXXX

Credit

Liabilities - Excluded Debts

XXXX

The final Closing Disclosure does not reflect the private borrowed funds in the amount of $XXXX used to purchase the subject property were paid off or paid down and no other documentation was provided to confirm.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Please see attached Promissory Note for $XXXX from the parents. This is an unsecured personal loan so it would not have required payoff through the transaction. The payment is included in the DTI.

Rebuttal 2 (XX/XX/XXXX XX:XXPM)
Please see attached

Response 1 (XX/XX/XXXX XX:XXAM)
Documentation not received. (XXXX)

Response 2 (XX/XX/XXXX XX:XXPM)
Documentation received is sufficient. (Resolved)

XXXX

2218225

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213579

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213579

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213579

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX.

Cleared

XXXX

2213622

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213622

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213622

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
DVR provided.

Response 1 (XX/XX/XXXX XX:XXPM)
DVR provided supports the appraised value. (Resolved)

XXXX

2213623

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213623

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213623

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2218226

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2218226

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2218226

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX.

Cleared

XXXX

2213624

1 of 3

XXXX

Compliance

Security Instrument - Inaccurate

XXXX

The security instrument was not completed accurately. The Notary Acknowledgement reflect XX/XX/XXXX; however, the borrower dated their signature as XX/XX/XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Recorded Corrective Affidavit to the Deed of Trust

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213624

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213624

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213634

1 of 3

XXXX

Compliance

TRID - Initial CD/Delivery Date (prior to consummation) Non- Rescindable

XXXX

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
ICD

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213634

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213634

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213635

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213635

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213635

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213636

1 of 3

XXXX

Compliance

Security Instrument - Missing Rider/Addendum

XXXX

The following referenced XXXX is missing: Legal Description

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Recorded Deed of Trust with legal description

Rebuttal 2 (XX/XX/XXXX XX:XXPM)
Please see attached

Response 1 (XX/XX/XXXX XX:XXPM)
Documents not received. Please resubmit. (XXXX)

Response 2 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213636

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213636

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213625

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213625

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213625

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score is XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM was a no hit; DVR provided.

Response 1 (XX/XX/XXXX XX:XXPM)
DVR provided supports the appraised value. (Resolved)

XXXX

2213626

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213626

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213626

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CU score of XXXX.

Cleared

XXXX

2213627

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213627

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213627

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score is XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Rebuttal 2 (XX/XX/XXXX XX:XXPM)
DVR provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided does not support origination appraised value within 10%. (XXXX)

Response 2 (XX/XX/XXXX XX:XXPM)
DVR provided supports the appraised value. As this was the second valuation product, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213628

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213628

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213628

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score is XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Rebuttal 2 (XX/XX/XXXX XX:XXPM)
DVR provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided does not support origination appraised value within 10%. (XXXX)

Response 2 (XX/XX/XXXX XX:XXPM)
DVR provided supports the appraised value. As this was the second valuation product, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213629

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213629

2 of 3

XXXX

Credit

Debts - Not Verified

XXXX

Required documentation to support payoff of the XXXX account ($XXXX) and XXXX account ($XXXX) prior to or at closing was not included in the loan file. The DTI increases from XXXX% to XXXX% including these payments.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
The final CD, page XXXX, confirms payoff of these accounts.

Rebuttal 2 (XX/XX/XXXX XX:XXPM)
Please see attached

Response 1 (XX/XX/XXXX XX:XXAM)
Preliminary CD reflects both accounts paid in full. Final CD reflects XXXX paid in full but only $XXXX of the $XXXX XXXX revolving balance paid. DTI would still be excessive. (XXXX)

Response 2 (XX/XX/XXXX XX:XXAM)
Documentation received is sufficient. (Resolved)

XXXX

2213629

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213630

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213630

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213630

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. LCA score XXXX.

Cleared

XXXX

2213619

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213619

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213619

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score of XXXX

Cleared

XXXX

2213620

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213620

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213620

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CU score of XXXX.

Cleared

XXXX

2213621

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213621

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213621

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213613

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213613

2 of 3

XXXX

Credit

Assets - Cash to Close

XXXX

The file did not contain evidence the borrower had the proper amount of funds required to close. The loan file is missing the HUD from sale of previous property, XXXXomerdale, XXXX XXXX, verifying net proceeds of at least $XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
CD

Response 1 (XX/XX/XXXX XX:XXPM)
Documentation received is sufficient. (Resolved)

XXXX

2213613

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score is XXXX.

Cleared

XXXX

2213614

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213614

2 of 3

XXXX

Credit

Assets - Cash to Close

XXXX

The file did not contain evidence the borrower had the proper amount of funds for the subject transaction. The borrower was required to evidence $XXXX in funds to close ($XXXX),prepaid items ($XXXX) and earnest money deposit ($XXXX). The loanfile only contained evidence of $XXXX in assets. As a result, thereis a $XXXX shortage in verified assets.

Void

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Attached invoices confirm the appraisal fees were already paid prior to closing so should not be included in amount of funds required.

Response 1 (XX/XX/XXXX XX:XXAM)
Explanation received is sufficient. (Void)

XXXX

2213614

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX.

Cleared

XXXX

2213615

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213615

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213615

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score is XXXX.

Cleared

XXXX

2213616

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213616

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213616

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213617

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213617

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213617

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. LCA score is XXXX.

Cleared

XXXX

2213618

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213618

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213618

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU Score is XXXX.

Cleared

XXXX

2213607

1 of 3

XXXX

Compliance

TRID - CD - Section B incorrect payee

XXXX

The loan contains a fee or fees where 'compensation to' reflects either 'Lender or Broker' under Section B- Services Borrower Did Not Shop For of the revised CD issued on XX/XX/XXXX. XXXX. However, this fee should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed.

Acknowledged

XXXX

2213607

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213607

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score is XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM was a no hit; DVR provided.

Response 1 (XX/XX/XXXX XX:XXPM)
DVR supports. (Resolved)

XXXX

2213608

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213608

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213608

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX.

Cleared

XXXX

2213609

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213609

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213609

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM provided.

Rebuttal 2 (XX/XX/XXXX XX:XXPM)
BPO provided.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided does not support the stated appraised value within 10%. (XXXX)

Response 2 (XX/XX/XXXX XX:XXPM)
BPO supports the appraised value. As this was the second valuation product, and a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213610

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213610

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213610

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213611

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213611

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213611

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2218227

1 of 3

XXXX

Compliance

TRID - Zero Tolerance Violation (No Valid COC)

XXXX

The loan failed the charges that cannot increase test. A valid change of circumstance was not provided in the loan file. Therefore, the increase/addition to the following fees was not accepted: Loan Discount Points fee. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
Cure

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2218227

2 of 3

XXXX

Credit

Assets - Minimum Reserves

XXXX

Guidelines require three (XXXX) months reserves of $XXXX; however, only asset reserves of $XXXX were verified in the file, resulting in a shortage of $XXXX.

Void

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Per LPA submission #XXXX, item XXXX Required Reserves = $XXXX. Can you please point XXXX to the guideline that indicates XXXX months reserves are required? Thanks!

Response 1 (XX/XX/XXXX XX:XXPM)
Explanation received is sufficient. (Resolved)

XXXX

2218227

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score is XXXX.

Cleared

XXXX

2213612

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213612

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213612

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score XXXX.

Cleared

XXXX

2213387

1 of 3

XXXX

Compliance

QM - Points and Fees

XXXX

The loan's points and fees exceed the Qualified Mortgage points and fees threshold. The loan amount is $XXXX or more, and the transaction's total points and fees is $XXXX, which exceeds XXXX percent of the total loan amount of $XXXX The following fees were included in the testing: Administration, Mortgage Broker and Points. If discount points and fees are bona-fide and excludable, provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3).

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
rate stack

XXXX

2213387

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213387

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213388

1 of 3

XXXX

Compliance

TRID - CD - Section B incorrect payee

XXXX

The loan contains a fee or fees where 'compensation to' is blank/does not reflect a payee under Section B - Services Borrower Did Not Shop For of the revised CD issued on XX/XX/XXXX. (3rd Party Processing Fee and Title - Title Search Fee). However, these fees should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed.

Acknowledged

XXXX

2213388

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213388

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213389

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213389

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213389

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX.

Cleared

XXXX

2213390

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213390

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213390

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU Score is XXXX.

Cleared

XXXX

2213391

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213391

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213391

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX.

Cleared

XXXX

2213392

1 of 4

XXXX

Compliance

TRID - LE/Revised LE Delivery Date (prior to consummation)

XXXX

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
docs

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213392

2 of 4

XXXX

Compliance

TRID - Zero Tolerance Violation (No Valid COC)

XXXX

The loan failed the charges that cannot increase test. A valid change of circumstance was not provided in the loan file. Therefore, the increase to the following fees was not accepted: XXXX. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
docs

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213392

3 of 4

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213392

4 of 4

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213381

1 of 3

XXXX

Compliance

TRID - CD - Section B incorrect payee

XXXX

The loan contains a fee or fees where 'compensation to' reflects either 'Lender or Broker' under Section B- Services Borrower Did Not Shop For of the revised CD issued on XX/XX/XXXX. Electronic Delivery Fee. However, this fee should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed.

Acknowledged

XXXX

2213381

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213381

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The CU score is XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Rebuttal 2 (XX/XX/XXXX XX:XXPM)
DVR provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided does not support origination appraised value within 10%. (XXXX)

Response 2 (XX/XX/XXXX XX:XXPM)
DVR provided supports the appraised value. As this was the second valuation product, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213382

1 of 3

XXXX

Compliance

TRID - CD - Section B incorrect payee

XXXX

The loan contains a fee or fees where 'compensation to' reflects either 'Lender or Broker' under Section B- Services Borrower Did Not Shop For of the revised CD issued on XX/XX/XXXX, Electronic Delivery Fee. However, this fee should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed.

Acknowledged

XXXX

2213382

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213382

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The CU score was not able to be obtained. The loan file did not contain any other valuation product to support the appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
DVR provided/ AVM was a no hit.

Response 1 (XX/XX/XXXX XX:XXAM)
DVR provided supports the appraised value. (Resolved)

XXXX

2213383

1 of 3

XXXX

Compliance

TRID - CD - Section B incorrect payee

XXXX

The loan contains a fee where 'compensation to' reflects either 'Lender or Broker' under Section B- Services Borrower Did Not Shop For of the revised CD issued on XX/XX/XXXX. Electronic Delivery Fee. However, this fee should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed.

Acknowledged

XXXX

2213383

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213383

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The CU score is XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports origination appraised value within 10%. (Resolved)

XXXX

2213384

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213384

2 of 3

XXXX

Credit

Gift Letter - No Evidence of Funds

XXXX

XXXX funds in the amount of $XXXX were utilized for the required funds. The EMD of $XXXX was a portion of the gift funds. A wire receipt was provided and supported the EMD wire transfer from the donor to the settlement agent. The balance of the gift funds in the amount of $XXXX were reflected on the Closing Disclosure; however, documentation to support the actual transfer of the gift funds from the donor to the closing agent was not provided as required.

Void

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Per FNMA B3-XXXX-XXXX, transfer of gift funds can be documented with a settlement statement showing receipt of the donor’s check. The final CD specifies that $XXXX came from XXXX.

Response 1 (XX/XX/XXXX XX:XXPM)
Explanation received is sufficient. (Void)

XXXX

2213384

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score of XXXX.

Cleared

XXXX

2213385

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213385

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213385

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX.

Cleared

XXXX

2213386

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213386

2 of 3

XXXX

Credit

Contract Addendum - Missing

XXXX

The sales contract reflected the sales price of $XXXX. The final sales price per the Closing Disclosure was $XXXX. The file is missing an executed contract addendum revising the sales price. Please provide the contract addendum executed by all buyers and sellers.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
XXXX

Response 1 (XX/XX/XXXX XX:XXPM)
Documentation received is sufficient. (Resolved)

XXXX

2213386

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Rebuttal 2 (XX/XX/XXXX XX:XXPM)
DVR provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided does not support origination appraised value within 10%. (XXXX)

Response 2 (XX/XX/XXXX XX:XXPM)
DVR supports. As this was the second valuation product, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213375

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213375

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213375

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213376

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213376

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213376

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU Score is XXXX.

Cleared

XXXX

2213377

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213377

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213377

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score is XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Rebuttal 2 (XX/XX/XXXX XX:XXPM)
DVR provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided does not support origination appraised value within 10%. (XXXX)

Response 2 (XX/XX/XXXX XX:XXPM)
DVR provided supports the appraised value. As this was the second valuation product, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213378

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213378

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213378

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU Score of XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports origination appraised value within 10%. (Resolved)

XXXX

2213379

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213379

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213379

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213380

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213380

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213380

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213369

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213369

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213369

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score is XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports origination appraised value within 10%. (Resolved)

XXXX

2213370

1 of 3

XXXX

Compliance

Note - Incomplete

XXXX

The following section of the Note is incomplete: The Borrower's signature is not legible.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
The Note was complete in the package we sent

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213370

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213370

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX.

Cleared

XXXX

2213371

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213371

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213371

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX.

Cleared

XXXX

2218228

1 of 3

XXXX

Compliance

TRID - 10% Tolerance Violation (No Valid COC)

XXXX

The loan failed the charges that in total cannot increase more than XXXX% test. A valid change of circumstance was not provided in the loan file. Therefore, the increase/addition to the following fees was not accepted: Document Preparation Fee $XXXX, Recording Service Fee, Title Processing Fee and Title Service Fee. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
Refund package provided.

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2218228

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2218228

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX.

Cleared

XXXX

2213374

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213374

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213374

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. LCA score of XXXX.

Cleared

XXXX

2213363

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213363

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213363

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX.

Cleared

XXXX

2213372

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213372

2 of 3

XXXX

Credit

Income - W2(s) Missing

XXXX

LP required a W2 for the most recent calendar year or a written VOE documenting all YTD earnings and earnings for the most recent calendar year. The loan did not contain a XXXX or a WVOE.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
W2

Response 1 (XX/XX/XXXX XX:XXAM)
Documentation received is sufficient. (Resolved)

XXXX

2213372

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX.

Cleared

XXXX

2213373

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213373

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213373

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213364

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213364

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213364

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The CU score is XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports origination appraised value within 10%. (Resolved)

XXXX

2213365

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213365

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213365

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX.

Cleared

XXXX

2213366

1 of 4

XXXX

Compliance

TRID - Initial LE/Delivery Date (from application)

XXXX

The loan failed the Initial Loan Estimate delivery date test (from application). The Initial LE issued on XX/XX/XXXX was not disclosed within XXXX days of the application date, XX/XX/XXXX. The LE issued on XX/XX/XXXX in the file was incomplete due to missing page XXXX and therefore was not utilized in review. Truth in XXXX (Regulation Z) 12 CFR 1026.19(e)(1)(iii)(A).

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Complete Initial LE

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213366

2 of 4

XXXX

Compliance

TRID - Zero Tolerance Violation (Disclosure Timing Fail)

XXXX

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Complete initial LE

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213366

3 of 4

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213366

4 of 4

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX.

Cleared

XXXX

2213367

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213367

2 of 3

XXXX

Credit

Assets - Large Deposits/Unacceptable

XXXX

Recent large deposits were not adequately sourced and/or documented. Large deposits in the amounts of $XXXX on XX/XX/XXXX and $XXXX on XX/XX/XXXX into XXXX #XXXX. Source of funds were not documented. Without funds, total assets verified are $XXXX. Total assets required to be verified is $XXXX, leaving borrower short $XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Source of $XXXX attached. The borrower has sufficient funds without including $XXXX.

Rebuttal 2 (XX/XX/XXXX XX:XXPM)
Assets

Response 1 (XX/XX/XXXX XX:XXPM)
From the rebuttal docs, it appears the money was transferred from an account that was not documented. Please provide account documentation. (XXXX)

Response 2 (XX/XX/XXXX XX:XXAM)
Documentation received is sufficient. (Resolved)

XXXX

2213367

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213368

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213368

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213368

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213360

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213360

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213360

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213361

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213361

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213361

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score is XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Rebuttal 2 (XX/XX/XXXX XX:XXPM)
DVR provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided does not support origination appraised value within 10%. (XXXX)

Response 2 (XX/XX/XXXX XX:XXPM)
DVR provided supports the appraised value. As this was the second valuation product, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213362

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213362

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213362

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score of XXXX.

Cleared

XXXX

2213357

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213357

2 of 3

XXXX

Credit

Debts - Not Verified

XXXX

The application lists significant debts that were not verified on the credit report and not independently verified. The loan application reflects an installment loan, XXXX XXXX, with a monthly payment of $XXXX and balance of $XXXX. The debt was not reflected on the credit report and the loan file was missing verification of the monthly payment as required per Freddie guidelines XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
XXXX

Response 1 (XX/XX/XXXX XX:XXAM)
Documentation received is sufficient. (Resolved)

XXXX

2213357

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. LCA score is XXXX.

Cleared

XXXX

2213358

1 of 3

XXXX

Compliance

TRID - CD - Section B incorrect payee

XXXX

The loan contains a fee where 'compensation to' reflects 'Broker' under Section B- Services Borrower Did Not Shop For of the revised CD issued on XX/XX/XXXX. Credit Report Fee. However, this fee should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed.

Acknowledged

XXXX

2213358

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213358

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213359

1 of 4

XXXX

Compliance

TRID - Initial CD/Delivery Date (prior to consummation) Non- Rescindable

XXXX

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
ICD

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213359

2 of 4

XXXX

Compliance

TRID - Zero Tolerance Violation (Disclosure Timing Fail)

XXXX

The loan failed the charges that cannot increase test. Because the loan failed the initial CD delivery date test, any values that would change under a valid changed circumstance if the disclosure had been delivered timely, will not be considered valid for tolerance purposes. Therefore, baseline did not reset as a result of the following additions/increases: Loan Discount Points. A cost to cure in the amount of $XXXX is required. The violation may be cured if documentation is provided showing the disclosure was delivered timely.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
ICD

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213359

3 of 4

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213359

4 of 4

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score was XXXX.

Cleared

XXXX

2213351

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213351

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213351

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. LCA score XXXX.

Cleared

XXXX

2213352

1 of 3

XXXX

Compliance

TRID - Zero Tolerance Violation (Revised Disclosure Late)

XXXX

The loan failed the charges that cannot increase test. Because the change occurred on XX/XX/XXXX, and consumer was not provided the disclosure within XXXX days of the change, the increase to the following fees was not accepted as valid: XXXX added on PCCD XX/XX/XXXX. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
Cure

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213352

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213352

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX.

Cleared

XXXX

2213353

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213353

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213353

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213354

1 of 3

XXXX

Compliance

Security Instrument - Incomplete

XXXX

The following section of the Security Instrument (Mortgage/Deed of Trust) is incomplete: The date the borrower and non-borrower signed the mortgage is missing on page XXXX of XXXX.

Acknowledged

XXXX

2213354

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213354

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX.

Cleared

XXXX

2213355

1 of 3

XXXX

Compliance

TRID - CD - Loan Disclosures/Escrow Account

XXXX

The loan was subject to XXXX and the Notice of Requirement to Escrow Flood Insurance Premiums. Although a flood notice was located in the file, it was not provided to the borrower at least XXXX calendar days prior to closing. National Flood Insurance Act (NFIA) & Implementing Regulations XXXX USC 4012a(d) // 12 CFR 208.25(e)(2).

Acknowledged

XXXX

2213355

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213355

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213356

1 of 3

XXXX

Compliance

TRID - CD - Section B incorrect payee

XXXX

The loan contains a fee or fees where 'compensation to' reflects either 'Lender or Broker' under Section B- Services Borrower Did Not Shop For of the revised CD issued on XX/XX/XXXX, Tax Service Fee. However, this fee should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed.

Acknowledged

XXXX

2213356

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213356

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213345

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213345

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213345

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score is XXXX.

Cleared

XXXX

2213346

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213346

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213346

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213347

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213347

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213347

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213348

1 of 3

XXXX

Compliance

Security Instrument - Incomplete

XXXX

The following section(s) of the Security Instrument (Mortgage/Deed of Trust) is incomplete: The Community Development name is not listed on the PUD Rider.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
XXXX. Uploaded here because I think I uploaded the security instrument to the wrong condition. Sorry!

Response 1 (XX/XX/XXXX XX:XXAM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213348

2 of 3

XXXX

Credit

Contract Addendum - Missing Signature(s)

XXXX

The Purchase Agreement XXXX regarding the amened purchase price, was acknowledged as ("Accepted") but was not executed by the Borrower(s)/Buyer(s).

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Please see attached

Response 1 (XX/XX/XXXX XX:XXAM)
Documentation received is sufficient. (Resolved)

XXXX

2213348

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213349

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213349

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213349

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213350

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213350

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213350

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213447

1 of 3

XXXX

Compliance

QM - Points and Fees

XXXX

The loan's points and fees exceed the Qualified Mortgage points and fees threshold. The loan amount is $XXXX or more, and the transaction's total points and fees is $XXXX, which exceeds XXXX percent of the total loan amount of $XXXX. The following fees were included in the testing: Points - Loan Discount Fee $XXXX, Processing Fee $XXXX and Underwriting Fee $XXXX. If discount points and fees are bona-fide and excludable, provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3).

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
rate stack and discount point disclosure to confirm bona fide points

XXXX

2213447

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213447

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX.

Cleared

XXXX

2213448

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213448

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213448

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX.

Cleared

XXXX

2218229

1 of 5

XXXX

Compliance

TRID - 10% Tolerance Violation (Disclosure Timing Fail)

XXXX

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Initial Application date is XXXX-XXXX-XXXX. LE dated XXXX-XXXX-XXXX is the Initial LE

Rebuttal 2 (XX/XX/XXXX XX:XXAM)
Initial application

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is not sufficient to clear the finding. The Loan Detail Report provided in the loan file discloses the Application date as XX/XX/XXXX. Please provide evidence of the Application date. (XXXX)

Response 2 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2218229

2 of 5

XXXX

Compliance

TRID - Initial LE/Delivery Date (from application)

XXXX

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Initial Application date is XXXX-XXXX-XXXX. LE dated XXXX-XXXX-XXXX is the Initial LE

Rebuttal 2 (XX/XX/XXXX XX:XXAM)
Initial application

XXXX

2218229

3 of 5

XXXX

Compliance

TRID - Zero Tolerance Violation (Disclosure Timing Fail)

XXXX

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Initial Application date is XXXX-XXXX-XXXX. LE dated XXXX-XXXX-XXXX is the Initial LE

Rebuttal 2 (XX/XX/XXXX XX:XXAM)
Initial application

XXXX

2218229

4 of 5

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2218229

5 of 5

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score is XXXX.

Cleared

XXXX

2213430

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213430

2 of 3

XXXX

Credit

Liabilities - Collection Account

XXXX

XXXX medical collection was submitted with no payment amount. Since the payment is not reported on the credit report, per AUS, documentation is required to support the applicable payment amount; however, no supporting documentation was provided in the loan file.

Void

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Please see attached

Rebuttal 2 (XX/XX/XXXX XX:XXPM)
Please void - you left the finding open - Explanation received is sufficient. (Void)

Response 1 (XX/XX/XXXX XX:XXAM)
Explanation received is sufficient. (Void)

Response 2 (XX/XX/XXXX XX:XXPM)
Explanation received is sufficient. (Void)

XXXX

2213430

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213449

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213449

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213449

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score was XXXX.

Cleared

XXXX

2213450

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213450

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213450

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score is XXXX.

Cleared

XXXX

2213451

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213451

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213451

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score is XXXX.

Cleared

XXXX

2213452

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213452

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213452

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score was XXXX.

Cleared

XXXX

2218230

1 of 4

XXXX

Compliance

TRID - 10% Tolerance Violation (No Valid COC)

XXXX

The loan failed the charges that in total cannot increase more than XXXX% test. A valid change of circumstance was not provided in the loan file. Therefore, the addition to the following fees was not accepted: XXXX. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
LOX and CICs with corresponding LEs

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2218230

2 of 4

XXXX

Compliance

TRID - Zero Tolerance Violation (No Valid COC)

XXXX

The loan failed the charges that cannot increase test. A valid change of circumstance was not provided in the loan file. Therefore, the increase to the following fees was not accepted: Points. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
LOX and CICs with corresponding LEs

Rebuttal 2 (XX/XX/XXXX XX:XXAM)
points increased due to pricing change, lock uploaded along with rebuttal LOE

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is not sufficient to clear the finding. The COC XX/XX/XXXX states the Mortgage Insurance Premium changed ; this is not a valid reason without more details. What changed occurred to the XXXX premium that caused the Points - Loan Discount Fee to increase. A cost to cure in the amount of #XXXX, XXXX remains. (XXXX)

Response 2 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2218230

3 of 4

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2218230

4 of 4

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX.

Cleared

XXXX

2213441

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213441

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213441

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX.

Cleared

XXXX

2213442

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213442

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213442

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213443

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213443

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213443

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213444

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213444

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213444

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CU score of XXXX.

Cleared

XXXX

2213445

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213445

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213445

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The CU score is XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports origination appraised value within 10%. (Resolved)

XXXX

2218231

1 of 3

XXXX

Compliance

TRID - Zero Tolerance Violation (No Valid COC)

XXXX

The loan failed the charges that cannot increase test. A valid change of circumstance was not provided in the loan file. Therefore, the addition to the following fee was not accepted: MERS Registration Fee (XX/XX/XXXX). A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
CIC was issued XX/XX/XXXX indicating a borrower requested change to the loan program from a 7yr/6mo M10 Playbook Pro ARM to XXXX Year Conv Fixed. Corresponding LE was issued the next day on XX/XX/XXXX. This is an acceptable reason for the addition of the MERS fee. This finding is not valid.

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2218231

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2218231

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213446

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213446

2 of 3

XXXX

Credit

Liabilities - Missing Debts/ DTI Exceeds Tolerance

XXXX

The borrowers were qualified with a debt-to-income ratio of XXXX% based on debt totaling $XXXX, which included all other monthly payments of $XXXX. The credit report in file reflected XXXX student loans with balances and no monthly payments listed, and the final XXXX reflected XXXX student loans with payments totaling $XXXX. XXXX guidelines require XXXX% of the balance to be used to calculate student loan payments if a payment is not listed. The student loan payments recalculated using XXXX% of the balances were $XXXX which increased the debt-to-income ratio to XXXX% which exceeds guidelines.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
Student Loans

Response 1 (XX/XX/XXXX XX:XXPM)
Documentation received is sufficient.

XXXX

2213446

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score is XXXX.

Cleared

XXXX

2213435

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213435

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213435

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213436

1 of 3

XXXX

Compliance

TRID - Zero Tolerance Violation (No Valid COC)

XXXX

The loan failed the charges that cannot increase test. A valid change of circumstance was not provided in the loan file. Therefore, the addition to the following fees was not accepted: Tax Service Fee. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Valid COC and XXXX

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213436

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213436

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX.

Cleared

XXXX

2213437

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213437

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213437

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2218232

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2218232

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2218232

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213438

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213438

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213438

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX.

Cleared

XXXX

2213439

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213439

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213439

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213440

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213440

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213440

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX.

Cleared

XXXX

2213429

1 of 3

XXXX

Compliance

TRID - Zero Tolerance Violation (No Valid COC)

XXXX

The loan failed the charges that cannot increase test. A valid change of circumstance was not provided in the loan file. Therefore, the increase to the following fee was not accepted: Credit Report (XX/XX/XXXX). A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
cure documents

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213429

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213429

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX.

Cleared

XXXX

2213431

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213431

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213431

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213432

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213432

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213432

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213433

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213433

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213433

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score of XXXX

Cleared

XXXX

2213434

1 of 3

XXXX

Compliance

TRID - Zero Tolerance Violation (No Valid COC)

XXXX

The loan failed the charges that cannot increase test. A valid change of circumstance was not provided in the loan file. Therefore, the increase to the following fees was not accepted: Rate Lock Extension. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
COC

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213434

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213434

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports origination appraised value within 10%. (Resolved)

XXXX

2213423

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213423

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213423

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX, which supports value.

Cleared

XXXX

2213424

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213424

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213424

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2218233

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2218233

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2218233

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. PIW only provided at origination; no secondary product available.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM supports. As this was a PIW loan with a stated value, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213425

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213425

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213425

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX.

Cleared

XXXX

2213426

1 of 3

XXXX

Compliance

TRID - 10% Tolerance Violation (No Valid COC)

XXXX

The loan failed the charges that in total cannot increase more than XXXX% test. A valid change of circumstance was not provided in the loan file. Therefore, the increase to the following fees was not accepted: Lender's Title Insurance. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Lender&#XXXX;s title insurance is in Section C on the Initial LE and remains in Section C on the Final CD. Is not paid to an affiliate, therefore the fee is subject to XXXX% tolerance

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213426

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213426

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score is XXXX.

Cleared

XXXX

2213427

1 of 3

XXXX

Compliance

TRID - CD - Section B incorrect payee

XXXX

The loan contains a fee or fees where 'compensation to' reflects either 'Lender or Broker' under Section B- Services Borrower Did Not Shop For of the revised CD issued on XX/XX/XXXX. Tax service fee. However, this fee should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed.

Acknowledged

XXXX

2213427

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213427

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213428

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213428

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213428

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score is XXXX.

Cleared

XXXX

2213417

1 of 3

XXXX

Compliance

Security Instrument - Incomplete

XXXX

The following section(s) of the Security Instrument (Mortgage/Deed of Trust) is incomplete: page XXXX and page XXXX is missing.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Deed of Trust

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213417

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213417

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX.

Cleared

XXXX

2213418

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213418

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213418

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213419

1 of 3

XXXX

Compliance

TRID - CD - Section B incorrect payee

XXXX

The loan contains a fee or fees where 'compensation to' reflects either 'Lender or Broker' under Section B- Services Borrower Did Not Shop For of the PCCD issued on XX/XX/XXXX. Tax Service Fee. However, this fee should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed.

Acknowledged

XXXX

2213419

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213419

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213420

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213420

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213420

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score is XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports origination appraised value within 10%. (Resolved)

XXXX

2213421

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213421

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213421

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213422

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213422

2 of 3

XXXX

Credit

Assets - Cash to Close

XXXX

The loan file was approved with $XXXXk in net proceeds from the sale of the Borrower(s) departure residence (XXXX. XXXX, XXXX). The loan file is missing a copy of the Settlement/Closing Disclosure Statement, verifying a minimum of $XXXX in funds required to close.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
CD

Response 1 (XX/XX/XXXX XX:XXAM)
Documentation received is sufficient. (Resolved)

XXXX

2213422

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU Score is XXXX.

Cleared

XXXX

2213411

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213411

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213411

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213412

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213412

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213412

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213413

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213413

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213413

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213414

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213414

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213414

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213415

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213415

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213415

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213406

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213406

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213406

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score is XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM was a no hit; DVR provided.

Response 1 (XX/XX/XXXX XX:XXPM)
DVR provided supports the appraised value. (Resolved)

XXXX

2213407

1 of 4

XXXX

Compliance

Security Instrument - Inaccurate

XXXX

The security instrument was not completed accurately. The XXXX has a manual edit on the notary page regarding marital status. The notary is required to initial the changes made. Please provide the revised mortgage document with notary initials acknowledging the change.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Lender Response

Response 1 (XX/XX/XXXX XX:XXPM)
The information provided is sufficient to clear the finding. (Resolved)

XXXX

2213407

2 of 4

XXXX

Credit

Assets - Cash to Close

XXXX

The file did not contain evidence the borrower had the proper amount of funds required to close. Assets totaling $XXXX was required to be verified which includes an Earnest Money Deposit of $XXXX and cash required at closing of $XXXX. The XXXX listed assets of $XXXX on the loan application from the proceeds of the sale of their departure residence; however, no asset documentation was provided in the loan file. Final CD from the sale of XXXX or bank statements are required to be provided.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
CD

Response 1 (XX/XX/XXXX XX:XXPM)
Documentation received is sufficient. (Resolved)

XXXX

2213407

3 of 4

XXXX

Credit

Debts - Not Verified

XXXX

The Borrowers' present mortgage in the amount of $XXXX with a monthly payment of $XXXX secured by XXXX was excluded from the debt ratio and represented that the property was being sold concurrently with the subject purchase; however, there was no documentation provided to support the exclusion of the debt. Final CD from the sale of XXXX is required confirming payoff of XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
CD

Response 1 (XX/XX/XXXX XX:XXPM)
Documentation received is sufficient. (Resolved)

XXXX

2213407

4 of 4

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU Score is XXXX.

Cleared

XXXX

2213408

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213408

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213408

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213409

1 of 3

XXXX

Compliance

QM - Points and Fees

XXXX

The loan's points and fees exceed the Qualified Mortgage points and fees threshold. This loan has points and fees that exceed the points and fees threshold. (12 CFR 1026.43(e)(3)). The loan amount is $XXXX or more, and the transaction's total points and fees is $XXXX, which exceeds XXXX percent of the total loan amount of $XXXX. The following fees were included in the testing: Loan Discount Fee $XXXX, Processing Fee $XXXX. If discount points and fees are bona-fide and excludable, provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3).

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
undiscounted rate

XXXX

2213409

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213409

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213410

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213410

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213410

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213276

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213276

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213276

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The CU score is XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports origination appraised value within 10%. (Resolved)

XXXX

2213277

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213277

2 of 3

XXXX

Credit

Debts - Not Verified

XXXX

The application lists significant debts that were not verified on the credit report and not independently verified. The subject loan is a purchase of a primary residence for the borrower, and the co-borrower is a non occupying borrower. The co-borrower owns XXXX rental properties, XXXX of which are titled in an LLC and XXXX are mortgaged with escrows collected. The other XXXX REOs owned (located on: XXXX, XXXX, XXXX, and XXXX) are owned free and clear. The loan file does not contain documentation of the Homeowners Insurance expenses or if there are any HOA expenses to determine the correct expenses for accurate DTI qualifying as required. ***additional conditions may apply ***

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
The attached documentation does not reflect any HOI or HOA liability on XXXX, XXXX, XXXX, or XXXX

Response 1 (XX/XX/XXXX XX:XXAM)
Documentation received is sufficient. (Resolved)

XXXX

2213277

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX.

Cleared

XXXX

2213278

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213278

2 of 3

XXXX

Credit

Contract Addendum - Missing

XXXX

The loan file is missing the contract addendum reflecting seller paid contributions of $XXXX.

Void

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
Invalid - seller concession do NOT need to be a part of the Sales Contract - we get cited for this with each trade and rebuttal each time

Response 1 (XX/XX/XXXX XX:XXAM)
Explanation received is sufficient. (Void)

XXXX

2213278

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213279

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213279

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213279

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213280

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213280

2 of 3

XXXX

Credit

Program Parameters - Other

XXXX

The file is missing Fraud Report, as required by guidelines.

Void

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Invalid - not required for OO

Response 1 (XX/XX/XXXX XX:XXAM)
Explanation received is sufficient. (Void)

XXXX

2213280

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score is XXXX.

Cleared

XXXX

2213281

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213281

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213281

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213270

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213270

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213270

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a LCA dated XX/XX/XXXX, Risk Score is XXXX.

Cleared

XXXX

2213271

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213271

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213271

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score is XXXX.

Cleared

XXXX

2213272

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213272

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213272

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CU score of XXXX.

Cleared

XXXX

2213273

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213273

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213273

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213274

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213274

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213274

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213416

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213416

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213416

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213405

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213405

2 of 3

XXXX

Credit

Assets - Bank Statements

XXXX

The bank and/or asset statements are incomplete. Per AUS, assets to be verified by bank statements covering a XXXX-month period. Only XXXX months statement was provided for XXXX #XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Statement

Response 1 (XX/XX/XXXX XX:XXPM)
Documentation received is sufficient. (Resolved)

XXXX

2213405

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score of XXXX.

Cleared

XXXX

2213275

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213275

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213275

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score of XXXX.

Cleared

XXXX

2213264

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213264

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213264

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213265

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213265

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213265

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213266

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213266

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213266

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score of XXXX.

Cleared

XXXX

2213267

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213267

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213267

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213268

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213268

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213268

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213269

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213269

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213269

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213258

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213258

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213258

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX.

Cleared

XXXX

2213261

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213261

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213261

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213262

1 of 3

XXXX

Compliance

TRID - CD - Section B incorrect payee

XXXX

The loan contains a fee or fees where 'compensation to' reflects either 'Lender or Broker' under Section B- Services Borrower Did Not Shop For of the revised CD issued on XX/XX/XXXX, Electronic Closing Fee. However, this fee should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed.

Acknowledged

XXXX

2213262

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213262

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213263

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213263

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213263

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213252

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213252

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213252

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213253

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213253

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213253

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

Appraisal- Value is supported within 10% of original appraisal amount. The appraised value was supported within 10%and all applicable appraisal guidelines were satisfied. CU Score is XXXX.

Cleared

XXXX

2213254

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213254

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213254

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

Appraisal- Value is supported within 10% of original appraisal amount. The appraised value was supported within 10%and all applicable appraisal guidelines were satisfied. CU Score is XXXX.

Cleared

XXXX

2213259

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213259

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213259

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Rebuttal 2 (XX/XX/XXXX XX:XXPM)
BPO provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports origination stated appraised value within 10%, however, confidence score is below XXXX. (XXXX)

Response 2 (XX/XX/XXXX XX:XXPM)
BPO provided supports the stated value. As this was the second valuation product and a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213256

1 of 4

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213256

2 of 4

XXXX

Credit

Borrower - Residency Alien Documentation

XXXX

The coborrower indicates Resident Alien status, however, the file contains no evidence documenting current legal status. The loan file contains a Resident Alien Card that expired XX/XX/XXXX prior to the Note date of XX/XX/XXXX. ***additional conditions may apply ***

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
Extension was provided in file

Response 1 (XX/XX/XXXX XX:XXAM)
Documentation received is sufficient. (Resolved)

XXXX

2213256

3 of 4

XXXX

Credit

Debts - Not Verified

XXXX

The application lists significant debts that were not verified on the credit report and not independently verified. The subject property is located in a PUD community per the PUD Rider to the Mortgage; however, the loan file did not contain documentation verifying the HOA Maintenance Fees associated with the dwelling as required to accurately calculate the PITI for qualifying ratios. ***additional conditions may apply ***

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
HOA

Response 1 (XX/XX/XXXX XX:XXPM)
Documentation received is sufficient. (Resolved)

XXXX

2213256

4 of 4

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213260

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213260

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213260

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Rebuttal 2 (XX/XX/XXXX XX:XXPM)
BPO provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided does not support the stated appraised value within 10%. (XXXX)

Response 2 (XX/XX/XXXX XX:XXPM)
BPO provided supports the appraised value. As this was the second valuation product and a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213255

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213255

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213255

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX.

Cleared

XXXX

2213257

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213257

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213257

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213246

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213246

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213246

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213247

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213247

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213247

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX.

Cleared

XXXX

2213248

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213248

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213248

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213249

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213249

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213249

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213250

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213250

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213250

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX.

Cleared

XXXX

2213251

1 of 3

XXXX

Compliance

TRID - 10% Tolerance Violation (No Valid COC)

XXXX

The loan failed the charges that in total cannot increase more than XXXX% test. A valid change of circumstance was not provided in the loan file. Therefore, the increase to the following fees was not accepted: Recording fee. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
Post CD

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213251

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213251

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX.

Cleared

XXXX

2213240

1 of 3

XXXX

Compliance

Security Instrument - Incomplete

XXXX

The following section of the Security Instrument (Mortgage/Deed of Trust) is incomplete: notary section.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Deed of Trust

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213240

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213240

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213241

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213241

2 of 3

XXXX

Credit

Assets - Cash to Close

XXXX

The approval and application reflect $XXXX in net proceeds from the sale of departure residence. There was no documentation in the file to support the funds received and the borrower does not have sufficient funds to close. Provide a settlement statement to support the sale of the departure residence and to document net proceeds need for cash to close.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
XXXX CD

Response 1 (XX/XX/XXXX XX:XXPM)
Documentation received is sufficient. (Resolved)

XXXX

2213241

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX.

Cleared

XXXX

2213242

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213242

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213242

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score of XXXX

Cleared

XXXX

2213243

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213243

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213243

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213244

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213244

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213244

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score is XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports origination appraised value within 10%. (Resolved)

XXXX

2213245

1 of 4

XXXX

Compliance

FACTA Disclosure - Missing

XXXX

The FACTA Disclosure (Notice to Home Loan Applicant/Credit Information Disclosure) is missing.

Acknowledged

XXXX

2213245

2 of 4

XXXX

Compliance

Note - Incomplete

XXXX

The following section(s) of the Note is incomplete: Page XXXX of the Note references a Late Fee Addendum as part of the Promissory Note; however, the addendum was not included in the file and is missing from the documentation.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Note with addendum

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213245

3 of 4

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213245

4 of 4

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213453

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213453

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213453

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213454

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213454

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213454

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213455

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213455

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213455

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213237

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213237

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213237

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213238

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213238

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213238

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports origination appraised value within 10%. (Resolved)

XXXX

2213239

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213239

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213239

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The CU score is XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM was a no hit; DVR ordered.

Rebuttal 2 (XX/XX/XXXX XX:XXPM)
DVR provided.

Response 1 (XX/XX/XXXX XX:XXPM)
Awaiting DVR. (XXXX)

Response 2 (XX/XX/XXXX XX:XXPM)
DVR supports. (Resolved)

XXXX

2213482

1 of 4

XXXX

Compliance

Security Instrument - Incomplete

XXXX

The following section of the Security Instrument (Mortgage/Deed of Trust) is incomplete: The date the borrower signed the mortgage is missing.

Acknowledged

XXXX

2213482

2 of 4

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213482

3 of 4

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213482

4 of 4

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX.

Cleared

XXXX

2213483

1 of 3

XXXX

Compliance

QM - Points and Fees

XXXX

The loan's points and fees exceed the Qualified Mortgage points and fees threshold. The loan amount is $XXXX or more, and the transaction's total points and fees is $XXXX, which exceeds XXXX percent of the total loan amount of $XXXX. The following fees were included in the testing: Administration Fee $XXXX, Appraisal Fee $XXXX, Mortgage Broker Fee (Indirect) $XXXX, and Points Loan Discount Fee $XXXX. If discount points and fees are bona-fide and excludable, provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii)

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
lock and evidence of bona fide points

XXXX

2213483

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213483

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX.

Cleared

XXXX

2213484

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213484

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213484

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213485

1 of 3

XXXX

Compliance

QM - Points and Fees

XXXX

The loan's points and fees exceed the Qualified Mortgage points and fees threshold. The loan amount is $XXXX or more, and the transaction's total points and fees is $XXXX, which exceeds XXXX percent of the total loan amount of $XXXX. The following fees were included in the testing: Loan Discount Points $XXXX, and Underwriting Fee $XXXX. If discount points and fees are bona-fide and excludable, provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3).

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
rate stack with bona fide points

XXXX

2213485

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213485

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX.

Cleared

XXXX

2213486

1 of 4

XXXX

Compliance

TRID - CD - Section B incorrect payee

XXXX

The loan contains a fee where 'compensation to' reflects either 'Lender or Broker' under Section B - Services Borrower Did Not Shop For of the revised CD issued on XX/XX/XXXX: Credit Report. However, this fee should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed.

Acknowledged

XXXX

2213486

2 of 4

XXXX

Compliance

TRID - CD/Payee Not Listed

XXXX

The loan contains the following fee where 'compensation to' does not reflect a payee on the revised CD issued on XX/XX/XXXX: 3rd Party Processing.

Acknowledged

XXXX

2213486

3 of 4

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213486

4 of 4

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX.

Cleared

XXXX

2213487

1 of 3

XXXX

Compliance

QM - Points and Fees

XXXX

This loan has points and fees that exceed the points and fees threshold. (12 CFR 1026.43(e)(3)). The loan amount is $XXXX or more, and the transaction's total points and fees is $XXXX, which exceeds XXXX percent of the total loan amount of $XXXX. The following fees were included in the testing: Mortgage Broker Fee (Indirect) $XXXX and Points $XXXX. If discount points and fees are bona-fide and excludable, provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3).

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Compliance Ease with undiscounted rate

XXXX

2213487

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213487

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213476

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213476

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213476

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX.

Cleared

XXXX

2213477

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213477

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213477

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU is XXXX.

Cleared

XXXX

2213478

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213478

2 of 3

XXXX

Credit

Gift Letter - No Evidence of Funds

XXXX

No evidence of the transfer of gift funds from the donor to the borrower was located in the file. The Borrowers received three gift fund deposits; one in the amount of $XXXX, one in the amount of $XXXX and one in the amount of $XXXX to be wired at closing. Gifts in the amounts of $XXXX and $XXXX were properly verified with a gift letter and evidence of the transfer of funds; however, there was no evidence of the transfer of funds for the gift in the amount of $XXXX. Evidence of the wire transfer from the donor is required.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
Wire

Response 1 (XX/XX/XXXX XX:XXAM)
Documentation received is sufficient. (Resolved)

XXXX

2213478

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The XXXX score is XXXX.

Cleared

XXXX

2213480

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213480

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213480

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213479

1 of 3

XXXX

Compliance

TRID - Zero Tolerance Violation (No Valid COC)

XXXX

The loan failed the charges that cannot increase test. A valid change of circumstance was not provided in the loan file. Therefore, the increase to the following fees was not accepted: Credit Report on the revised LE issued XX/XX/XXXX. In addition, the Credit Report dated XX/XX/XXXX reflects a cost of $XXXX therefore if there was a valid reason for the increase it was not disclosed to the Borrower within XXXX days of the change. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Cure docs

Response 1 (XX/XX/XXXX XX:XXAM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213479

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213479

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score is XXXX.

Cleared

XXXX

2213481

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213481

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213481

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213470

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213470

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213470

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score is XXXX.

Cleared

XXXX

2213471

1 of 3

XXXX

Compliance

QM - Points and Fees

XXXX

The loan's points and fees exceed the Qualified Mortgage points and fees threshold. The loan's total points and fees were $XXXX, which exceeded: XXXX% of total loan amount. The following fees were included in the testing: XXXX, Lender's Title Insurance Policy, Loan Origination Fee, Loan Discount Points and title Endorsement fee. If discount points and fees are bona-fide and excludable, provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3).

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
evidence of bona fide points ($XXXX)

XXXX

2213471

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213471

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The CU score is XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports origination appraised value within 10%. (Resolved)

XXXX

2213472

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213472

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213472

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX.

Cleared

XXXX

2213473

1 of 3

XXXX

Compliance

TRID - CD - Section B incorrect payee

XXXX

The loan contains a fee or fees where 'compensation to' reflects either 'Lender or Broker' under Section B- Services Borrower Did Not Shop For of the revised CD issued on XX/XX/XXXX . Tax Service Fee. However, this fee should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed.

Acknowledged

XXXX

2213473

2 of 3

XXXX

Credit

Flood Certificate - Missing

XXXX

XXXX in file was dated XX/XX/XXXX which was over XXXX days prior to the note date of XX/XX/XXXX and was expired.

Void

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
XXXX response

Response 1 (XX/XX/XXXX XX:XXAM)
Explanation received is sufficient. (Resolved)

XXXX

2213473

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213474

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213474

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213474

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX.

Cleared

XXXX

2213475

1 of 6

XXXX

Compliance

TRID - 10% Tolerance Violation (Disclosure Timing Fail)

XXXX

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
LE

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213475

2 of 6

XXXX

Compliance

TRID - CD - Section B incorrect payee

XXXX

The loan contains a fee or fees where 'compensation to' reflects either 'Lender or Broker' under Section B- Services Borrower Did Not Shop For of the revised CD issued on XX/XX/XXXX. Technology Fee. However, this fee should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed.

Acknowledged

XXXX

2213475

3 of 6

XXXX

Compliance

TRID - Initial LE/Delivery Date (from application)

XXXX

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
LE

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213475

4 of 6

XXXX

Compliance

TRID - Zero Tolerance Violation (Disclosure Timing Fail)

XXXX

The loan failed the charges that cannot increase test. Because the loan failed the Initial LE date test, any values that would change under a valid changed circumstance if the disclosure had been delivered timely, will not be considered valid for tolerance purposes. Therefore, baseline did not reset as a result of the following additions/increases: Loan Discount Fee $XXXX, Processing Fee $XXXX, Underwriting Fee $XXXX, XXXX $XXXX, Credit Report Fee $XXXX, Flood Certification Fee $XXXX, Electronic Registration (MERS) Fee $XXXX, Technology Fee $XXXX, Verification of Employment $XXXX. A total cost to cure in the amount of $XXXX is required, of which $XXXX was cured at closing. A cost to cure in the amount of $XXXX remains. The violation may be cured if documentation is provided showing the disclosure was delivered timely.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
LE

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213475

5 of 6

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213475

6 of 6

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score XXXX.

Cleared

XXXX

2213464

1 of 3

XXXX

Compliance

TRID - CD - Section B incorrect payee

XXXX

The loan contains a fee or fees where 'compensation to' reflects either 'Lender or Broker' under Section B- Services Borrower Did Not Shop For of the revised CD issued on XX/XX/XXXX; MERS Fee and Technology Fee. However, this fee should not be retained by the lender or, broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed.

Acknowledged

XXXX

2213464

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213464

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX.

Cleared

XXXX

2213465

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213465

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213465

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX.

Cleared

XXXX

2213466

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213466

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213466

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213467

1 of 3

XXXX

Compliance

TRID - Initial CD/Delivery Date (prior to consummation) Non- Rescindable

XXXX

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Executed initial CD

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213467

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213467

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213469

1 of 3

XXXX

Compliance

TRID - CD/Payee Not Listed

XXXX

The loan contains the following fee where 'compensation to' does not reflect a XXXX on the revised CD, Third Party Processing Fee.

Acknowledged

XXXX

2213469

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213469

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. LCA score XXXX.

Cleared

XXXX

2213458

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213458

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213458

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2218235

1 of 3

XXXX

Compliance

TRID - CD - Section B incorrect payee

XXXX

Acknowledged

XXXX

2218235

2 of 3

XXXX

Credit

Borrower - (EAD) Risk Category

XXXX

The Borrower is not a US Citizen and provided an Employment Authorization Document (EAD) with a Category of C10 indicating that the Borrower is an XXXX or under suspended deportation orders.

Waived

Response 1 (XX/XX/XXXX XX:XXAM)
Waiver granted by Investor. (Waived)

XXXX (XX/XX/XXXX XX:XXPM)
Client reviewed and elects to waive. Condition is a client overlay. Borrower meets XXXX eligibility requirements.

XXXX. XXXX% DTI. $XXXX per month residual income.

XXXX

2218235

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports origination appraised value within 10%. (Resolved)

XXXX

2213459

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213459

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213459

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX.

Cleared

XXXX

2213460

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213460

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213460

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX.

Cleared

XXXX

2213461

1 of 3

XXXX

Compliance

TRID - CD - Section B incorrect payee

XXXX

The loan contains a fee where 'compensation to' reflects either 'Lender or Broker' under Section B- Services Borrower Did Not Shop For of the revised CD issued on XX/XX/XXXX. Credit Report. However, this fee should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed.

Acknowledged

XXXX

2213461

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213461

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213462

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213462

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213462

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213463

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213463

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213463

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score of XXXX.

Cleared

XXXX

2213468

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213468

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213468

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score XXXX

Cleared

XXXX

2213306

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213306

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213306

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213307

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213307

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213307

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the stated origination appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213308

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213308

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213308

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213309

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213309

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213309

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213456

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213456

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213456

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. Cu score is XXXX.

Cleared

XXXX

2213457

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213457

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213457

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213300

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213300

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213300

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213301

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213301

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213301

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX.

Cleared

XXXX

2218236

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2218236

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2218236

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213302

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213302

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213302

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213303

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213303

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213303

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213304

1 of 3

XXXX

Compliance

TRID - CD - Section B incorrect payee

XXXX

The loan contains a fee or fees where 'compensation to' reflects either 'Lender or Broker' under Section B- Services Borrower Did Not Shop For of the revised CD issued on XX/XX/XXXX. Tax Service. However, this fee should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed.

Acknowledged

XXXX

2213304

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213304

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX.

Cleared

XXXX

2213305

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213305

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213305

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213294

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213294

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213294

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX.

Cleared

XXXX

2213295

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213295

2 of 3

XXXX

Credit

Debts - Not Verified

XXXX

The application lists significant debts that were not verified on the credit report and not independently verified. The borrower's refinanced the departing retained residence per the closing disclosure in the loan file. The funds from this refinance were used to fund the closing of the subject property. According to the closing disclosure, the borrowers did not escrow for taxes and insurance; however, the evidence of taxes and insurance amounts for this property were not documented in the loan file as required.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
XXXX

Response 1 (XX/XX/XXXX XX:XXPM)
Documentation received is sufficient. (Resolved)

XXXX

2213295

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX.

Cleared

XXXX

2213570

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213570

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213570

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213296

1 of 4

XXXX

Compliance

QM - Points and Fees

XXXX

The loan's points and fees exceed the Qualified Mortgage points and fees threshold. The loan's total points and fees were $XXXX, which exceeded: XXXX% of total loan amount. The following fees were included in the testing: Loan Discount Points, Processing Fee and Underwriting Fee. If discount points and fees are bona-fide and excludable, provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3).

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
XXXX reflecting undiscounted rate

XXXX

2213296

2 of 4

XXXX

Compliance

TRID - 10% Tolerance Violation (No Valid COC)

XXXX

The loan failed the charges that in total cannot increase more than XXXX% test. A valid change of circumstance was not provided in the loan file. Therefore, the increase/addition to the following fees was not accepted: Recording Fee. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
COC for recording fee

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213296

3 of 4

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213296

4 of 4

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213297

1 of 3

XXXX

Compliance

TRID - CD - Section B incorrect payee

XXXX

The loan contains a fee or fees where 'compensation to' reflects either 'Lender or Broker' under Section B- Services Borrower Did Not Shop For of the revised CD issued on XX/XX/XXXX. XXXX. However, this fee should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed.

Acknowledged

XXXX

2213297

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213297

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2218237

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2218237

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2218237

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM was a no hit; DVR ordered.

Rebuttal 2 (XX/XX/XXXX XX:XXPM)
DVR provided.

Response 1 (XX/XX/XXXX XX:XXAM)
Awaiting DVR. (XXXX)

Response 2 (XX/XX/XXXX XX:XXPM)
DVR supports. (Resolved)

XXXX

2213298

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213298

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213298

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213299

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213299

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213299

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The CU score is XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports origination appraised value within 10%. (Resolved)

XXXX

2213704

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213704

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213704

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213705

1 of 3

XXXX

Compliance

QM - Points and Fees

XXXX

The loan's points and fees exceed the Qualified Mortgage points and fees threshold. The loan's total points and fees were $XXXX, which exceeded: XXXX% of total loan amount (for loans > $XXXX). The following fees were included in the testing: Mortgage Broker fee(Indirect) and Points. If discount points and fees are bona-fide and excludable, provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3).

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
XXXX

XXXX

2213705

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213705

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX.

Cleared

XXXX

2213340

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213340

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213340

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213592

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213592

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213592

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX.

Cleared

XXXX

2213706

1 of 3

XXXX

Compliance

TRID - Zero Tolerance Violation (Revised Disclosure Late)

XXXX

The loan failed the charges that cannot increase test. Because the change occurred on XX/XX/XXXX, and consumer was not provided the disclosure within XXXX days of the change, the increase to the following fees was not accepted as valid: Loan Discount Points . A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
CD with COC

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213706

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213706

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213707

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213707

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213707

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score is XXXX.

Cleared

XXXX

2213708

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213708

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213708

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score is XXXX.

Cleared

XXXX

2213709

1 of 3

XXXX

Compliance

TRID - Zero Tolerance Violation (No Valid COC)

XXXX

The loan failed the charges that cannot increase test. A valid change of circumstance was not provided in the loan file. Therefore, the addition to the following fees was not accepted: Digital Closing Fee. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
COC

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213709

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213709

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score of XXXX.

Cleared

XXXX

2213698

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213698

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213698

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213699

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213699

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213699

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CU score of XXXX.

Cleared

XXXX

2213700

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213700

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213700

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2218252

1 of 3

XXXX

Compliance

TRID - Zero Tolerance Violation (No Valid COC)

XXXX

This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i)). A valid change of circumstance was not provided in the loan file; therefore, the increase to the following fee was not accepted: Appraisal on the revised LE issued on XX/XX/XXXX. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer, PCCD, copy of the refund and proof of delivery.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
cure documents

Response 1 (XX/XX/XXXX XX:XXAM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2218252

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2218252

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX.

Cleared

XXXX

2213691

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213691

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213691

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX.

Cleared

XXXX

2218238

1 of 3

XXXX

Compliance

TRID - CD - Revised CD Delivery Date (No Waiting Period)

XXXX

This loan failed the revised Closing Disclosure delivery date test (no waiting period required) due to the following: Without evidence of receipt, it is assumed that the disclosure dated XX/XX/XXXX was mailed, and therefore not received by the consumer prior to the consummation date, XX/XX/XXXX. If disclosure was delivered electronically, evidence of receipt as well as the consumer's E-consent is required.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Please see the client&#XXXX;s response provided below. Borrower is only required to sign on date issued on XX/XX/XXXX , disbursement date was XX/XX/XXXX. No information has been changed, just added funds to close to CD issued on XX/XX/XXXX. Therefore, Post CD that issued dated on XXXX/XXXX does not require to be signed or sent to borrower since it’s a purchase transaction and we just add the funds to close on CD Page XXXX when received the funds and pull Post-CD on XX/XX/XXXX.

Response 1 (XX/XX/XXXX XX:XXPM)
The information provided is sufficient to clear the finding. (Resolved)

XXXX

2218238

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2218238

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213687

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213687

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213687

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains an AVM dated XX/XX/XXXX supportive of value. As this was a PIW loan, per the rating agencies, this is graded as an EV2.

Cleared

XXXX

2218256

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2218256

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2218256

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU Score is XXXX.

Cleared

XXXX

2213671

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213671

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213671

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213676

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213676

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213676

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213599

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213599

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213599

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX.

Cleared

XXXX

2213327

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213327

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213327

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2218242

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2218242

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2218242

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score is XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports origination appraised value within 10%. (Resolved)

XXXX

2213602

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213602

2 of 3

XXXX

Credit

Assets - Large Deposits/Unacceptable

XXXX

Recent large deposits were not adequately sourced and/or documented. The large deposits on XXXX account #XXXX dated XX/XX/XXXX $XXXX and XX/XX/XXXX $XXXX. The borrower is short funds to close without these assets.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Assets

Response 1 (XX/XX/XXXX XX:XXPM)
Documentation received is sufficient. (Resolved)

XXXX

2213602

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score is XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
DVR provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM was a No Hit- DVR supports. (Resolved)

XXXX

2218246

1 of 3

XXXX

Compliance

TRID - CD - Section B incorrect payee

XXXX

The loan contains a fee or fees where 'compensation to' reflects either 'Lender or Broker' under Section B- Services Borrower Did Not Shop For of the revised CD issued on XX/XX/XXXX. Hybrid E-Sign Fee. However, this fee should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed.

Acknowledged

XXXX

2218246

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2218246

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213334

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213334

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213334

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Rebuttal 2 (XX/XX/XXXX XX:XXPM)
BPO rebuttal.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided does not support the stated appraised value. BPO ordered. (XXXX)

Response 2 (XX/XX/XXXX XX:XXPM)
BPO supports. As this was the second valuation product, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213318

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213318

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213318

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU is XXXX.

Cleared

XXXX

2213324

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213324

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213324

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213591

1 of 3

XXXX

Compliance

HOC - Missing

XXXX

The Homeownership Counseling Disclosure (HOC) is missing. Real Estate Settlement Procedures Act (Regulation X) 12 CFR 1024.20(a).

Acknowledged

XXXX

2213591

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213591

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. LCA is XXXX.

Cleared

XXXX

2213562

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213562

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213562

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213580

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213580

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213580

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213689

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213689

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213689

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. The loan file contained a CDA dated XX/XX/XXXX that supported the value.

Cleared

XXXX

2213314

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213314

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213314

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score XXXX. The loan file did not contain a CDA.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Rebuttal 2 (XX/XX/XXXX XX:XXPM)
DVR provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided does not support the appraised value. DVR ordered. (XXXX)

Response 2 (XX/XX/XXXX XX:XXPM)
DVR supports. As this was the second valuation product, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213331

1 of 3

XXXX

Compliance

TRID - CD - Loan Disclosures/Escrow Account

XXXX

The Escrow Account Disclosure on the CD issued on XX/XX/XXXX is inaccurate due to the following: The table did not disclose if the Borrower's declined or if the Lender does not offer an escrow account. Truth in XXXX (Regulation Z) 12 CFR 1026.38(l)(7)

Acknowledged

XXXX

2213331

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213331

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score XXXX. The loan file did not contain a CDA.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM was a no hit; DVR ordered.

Rebuttal 2 (XX/XX/XXXX XX:XXPM)
DVR provided.

Response 1 (XX/XX/XXXX XX:XXPM)
Awaiting DVR. (XXXX)

Response 2 (XX/XX/XXXX XX:XXPM)
DVR supports. (Resolved)

XXXX

2213319

1 of 4

XXXX

Compliance

TRID - CD/Lender Credits that Cannot Decrease (No Valid COC)

XXXX

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
COC

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213319

2 of 4

XXXX

Compliance

TRID - Zero Tolerance Violation (Revised Disclosure Late)

XXXX

The loan failed the charges that cannot increase test. Because the change occurred on XX/XX/XXXX, and consumer was not provided the disclosure within XXXX days of the change, the increase to the following fees was not accepted as valid: Lock Extension. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
COC

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2213319

3 of 4

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213319

4 of 4

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX.

Cleared

XXXX

2213585

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213585

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213585

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX.

Cleared

XXXX

2213344

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213344

2 of 3

XXXX

Credit

No Credit Findings

XXXX

Cleared

XXXX

2213344

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. XXXX is XXXX.

Cleared

XXXX

2213695

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213695

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213695

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213680

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213680

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213680

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score is XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM was a no hit; DVR ordered.

Rebuttal 2 (XX/XX/XXXX XX:XXPM)
DVR provided.

Response 1 (XX/XX/XXXX XX:XXPM)
Awaiting DVR. (XXXX)

Response 2 (XX/XX/XXXX XX:XXPM)
DVR supports. (Resolved)

XXXX

2213563

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213563

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213563

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213670

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213670

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213670

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213228

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213228

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213228

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2218244

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2218244

2 of 3

XXXX

Credit

Flood Certificate - Missing

XXXX

The flood certificate in file is dated XX/XX/XXXX which is more than XXXX days prior to the note date of XX/XX/XXXX, which exceeds the XXXX guideline requirement.

Void

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
This is an invalid citation. Per FHLMC XXXX, "Exception: The “Date of Determination” field on the SFHDF may be a date that is more than XXXX days before the Note Date of the Mortgage or, if applicable, the Note Date of the refinance Mortgage if the XXXX uses a “life of loan” FZD where the third party providing the FZD provides a “life of loan” certificate assuring that the Mortgage is monitored for compliance.". The flood cert confirms LOL monitoring therefore the cert is compliant with guidelines.

Response 1 (XX/XX/XXXX XX:XXAM)
Explanation received is sufficient. (Void)

XXXX

2218244

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The CU score is XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM was a no hit; DVR provided.

Response 1 (XX/XX/XXXX XX:XXPM)
DVR supports. (Resolved)

XXXX

2213682

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213682

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213682

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. the CU Score is XXXX.

Cleared

XXXX

2213323

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213323

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213323

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CU dated XX/XX/XXXX that did not support; however the loan file also contained a CDA dated XX/XX/XXXX which supports the appraised value. As the CDA was a second valuation product, per the rating agencies, this is graded as an EV2.

Cleared

XXXX

2213332

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213332

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213332

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU Score is XXXX.

Cleared

XXXX

2213330

1 of 3

XXXX

Compliance

Security Instrument - Incomplete

XXXX

The following section of the Security Instrument (Mortgage/Deed of Trust) is incomplete: The borrower's signature date is missing from the signature line on the Security Instrument and the PUD Rider.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
DOT

Response 1 (XX/XX/XXXX XX:XXAM)
The documents provided are sufficient to clear the finding. (Resolved)

XXXX

2213330

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213330

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports origination appraised value within 10%. (Resolved)

XXXX

2213669

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213669

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213669

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX.

Cleared

XXXX

2213674

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213674

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213674

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213677

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213677

2 of 3

XXXX

Credit

Liabilities - Missing Debts/ DTI Exceeds Tolerance

XXXX

The DTI did not reflect all of the borrower's debts resulting in a DTI that exceeds allowable tolerances. The borrowers were qualified with a debt-to-income ratio of XXXX% based on combined monthly debt of $XXXX, which included all other monthly payments totaling $XXXX. The origination credit report reflected an additional XXXX auto loans with monthly payments of $XXXX, $XXXX, and $XXXX which were omitted from the qualifying ratio. The loan file did contain XXXX month's of business bank statements confirming those XXXX accounts were paid by the business; however, Fannie Mae guidelines require XXXX months of payments to confirm debts are paid by the business. The debt-to income ratio inclusive of those XXXX debts increased to XXXX%.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Bank Statement

Response 1 (XX/XX/XXXX XX:XXPM)
Documentation received is sufficient. (Resolved)

XXXX

2213677

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX

Cleared

XXXX

2213665

1 of 3

XXXX

Compliance

FACTA Disclosure - Missing

XXXX

The FACTA Disclosure (Notice to Home Loan Applicant/Credit Information Disclosure) for the Co-Borrower is missing.

Acknowledged

XXXX

2213665

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213665

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX.

Cleared

XXXX

2213560

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213560

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213560

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213702

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213702

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213702

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contained an AVM dated XX/XX/XXXX that supported the value.

Cleared

XXXX

2213664

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213664

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213664

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score of XXXX.

Cleared

XXXX

2213672

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213672

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213672

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score of XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports origination appraised value within 10%. (Resolved)

XXXX

2213603

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213603

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213603

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score is XXXX

Cleared

XXXX

2213568

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213568

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213568

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213678

1 of 3

XXXX

Compliance

TRID - CD - Section B incorrect payee

XXXX

The loan contains a fee or fees where 'compensation to' reflects either 'Lender or Broker' under Section B- Services Borrower Did Not Shop For of the revised PCCD issued on XX/XX/XXXX. XXXX. However, this fee should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed.

Acknowledged

XXXX

2213678

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213678

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213606

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213606

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213606

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213235

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213235

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213235

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU Score XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Rebuttal 2 (XX/XX/XXXX XX:XXPM)
DVR provided.

XXXX

2213586

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213586

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213586

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX.

Cleared

XXXX

2213594

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213594

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213594

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CU score of XXXX.

Cleared

XXXX

2213574

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213574

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213574

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX.

Cleared

XXXX

2213559

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213559

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213559

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2218251

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2218251

2 of 3

XXXX

Credit

Credit Report - Inquiries

XXXX

The credit report shows recent inquires that have not been adequately addressed. XX/XX/XXXX - XXXX, XXXX, XXXX, CCR/XXXX, XXXX/arvest XXXX; XX/XX/XXXX - Certified Credit Rep and CCR/XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
LOE

Response 1 (XX/XX/XXXX XX:XXAM)
Documentation received is sufficient. (Resolved)

XXXX

2218251

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX.

Cleared

XXXX

2213681

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213681

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213681

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score XXXX

Cleared

XXXX

2213333

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213333

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213333

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2218243

1 of 3

XXXX

Compliance

TRID - LE/Revised Delivery Date (after issue of CD)

XXXX

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
LOX regarding issue date

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2218243

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2218243

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM was a no hit; BPO ordered.

Rebuttal 2 (XX/XX/XXXX XX:XXPM)
BPO provided.

Response 1 (XX/XX/XXXX XX:XXPM)
Awaiting DVR. (XXXX)

Response 2 (XX/XX/XXXX XX:XXPM)
BPO supports. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213573

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213573

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213573

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score of XXXX.

Cleared

XXXX

2213565

1 of 3

XXXX

Compliance

TRID - CD - Section B incorrect payee

XXXX

The loan contains a fee or fees where 'compensation to' reflects either 'Lender or Broker' under Section B- Services Borrower Did Not Shop For of the revised CD issued on XX/XX/XXXX, MERS Registration Fee, Tax Service Fee and Third Party Processing Fee . However, this fee should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed.

Acknowledged

XXXX

2213565

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213565

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score was XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM was a no hit; DVR ordered.

Rebuttal 2 (XX/XX/XXXX XX:XXPM)
DVR provided.

Response 1 (XX/XX/XXXX XX:XXPM)
Awaiting DVR. (XXXX)

Response 2 (XX/XX/XXXX XX:XXPM)
DVR supports. (Resolved)

XXXX

2213576

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213576

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213576

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX.

Cleared

XXXX

2213703

1 of 3

XXXX

Compliance

TRID - CD - Section B incorrect payee

XXXX

The loan contains a fee or fees where 'compensation to' reflects either 'Lender or Broker' under Section B- Services Borrower Did Not Shop For of the revised CD issued on XX/XX/XXXX. Tax Service Fee. However, this fee should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed.

Acknowledged

XXXX

2213703

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213703

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score was XXXX.

Cleared

XXXX

2213326

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213326

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213326

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX.

Cleared

XXXX

2213662

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213662

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213662

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination DU accepted value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213320

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213320

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213320

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score was XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the appraised value. (Resolved)

XXXX

2213692

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213692

2 of 3

XXXX

Credit

Assets - Cash to Close

XXXX

The application reflected $XXXX deposited in XXXX. Asset documentation was not provided.

Void

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
Invalid - VOD was provided in the file

Response 1 (XX/XX/XXXX XX:XXPM)
Explanation received is sufficient. (Void)

XXXX

2213692

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score was XXXX.

Cleared

XXXX

2213566

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213566

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213566

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213667

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213667

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213667

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX.

Cleared

XXXX

2213328

1 of 3

XXXX

Compliance

QM - Points and Fees

XXXX

The loan's points and fees exceed the Qualified Mortgage points and fees threshold. The loan's total points and fees were $XXXX, which exceeded: XXXX% of total loan amount (for loans > $XXXX). The following fees were included in the testing: Points $XXXX, Processing Fees $XXXX, Underwriting Fees $XXXX. If discount points and fees are bona-fide and excludable, provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3).

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
Undiscounted rate

XXXX

2213328

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213328

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213322

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213322

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213322

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX.

Cleared

XXXX

2218258

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2218258

2 of 3

XXXX

Credit

Income - Miscalculated/DTI Exceeds Tolerance

XXXX

The income is miscalculated and the recalculated DTI is not within allowable tolerances. According the final loan application the income used for qualifying included rental income on the departing residence of $XXXX per month and also "other" income from employment of the co-borrower in the amount of $XXXX per month. The rental income is not documented in the loan file and therefore, cannot be used for qualification. The co-borrower's other employment income, including over-time and stipend reflect a decline year over year and therefore. cannot be included in the qualifying income. It should be noted that the underwriter made comments on both the origination XXXX and income worksheet of these incomes not being included. As a result, the DTI increased from XXXX% to an audit DTI of XXXX%, which exceeds the allowable AUS tolerance.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
Updated AUS

Response 1 (XX/XX/XXXX XX:XXAM)
Documentation received is sufficient. (Resolved)

XXXX

2218258

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213341

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213341

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213341

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX.

Cleared

XXXX

2218261

1 of 4

XXXX

Compliance

QM - Points and Fees

XXXX

The loan's points and fees exceed the Qualified Mortgage points and fees threshold. This loan has points and fees that exceed the points and fees threshold. The loan amount is $XXXX or more, and the transaction's total points and fees is $XXXX, which exceeds XXXX percent of the total loan amount of $XXXX. The following fees were included in the testing: Funding Fee $XXXX, Mortgage Broker Fee $XXXX, XXXX Fee $XXXX. and Underwriting Fee $XXXX. If discount points and fees are bona-fide and excludable, provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3).

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
lock with evidence of discount and bona fide points

Response 1 (XX/XX/XXXX XX:XXPM)
The Undiscounted Rate provided allows for the exclusion of bona fide discount points. Upon recalculation, the loan is compliant and passes the Points and Fees test. (Resolved)

Response 2 (XX/XX/XXXX XX:XXPM)
The Undiscounted Rate provided allows for the exclusion of bona fide discount points. Upon recalculation, the loan is compliant and passes the Points and Fees test. (Resolved)

XXXX

2218261

2 of 4

XXXX

Compliance

TRID - Zero Tolerance Violation (No Valid COC)

XXXX

The loan failed the charges that cannot increase test. A valid change of circumstance was not provided in the loan file. Therefore, the addition to the following fees was not accepted: Verification Fee. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
CIC for addition of verification fee, CD, and evidence of delivery

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2218261

3 of 4

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2218261

4 of 4

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX.

Cleared

XXXX

2213561

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213561

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213561

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The CU score is XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the appraised value. (Resolved)

XXXX

2213673

1 of 3

XXXX

Compliance

TRID - CD - Section B incorrect payee

XXXX

The loan contains a fee or fees where 'compensation to' reflects either 'Lender or Broker' under Section B- Services Borrower Did Not Shop For of the revised CD issued on XX/XX/XXXX. Tax Service Fee. However, this fee should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed.

Acknowledged

XXXX

2213673

2 of 3

XXXX

Credit

Assets - Bank Statements

XXXX

The total cash to close, including EMD and POC's were $XXXX. At origination, a XXXX account #XXXX with a balance of $XXXX was used to support the required funds. The corresponding account statement supporting the most current balance was not provided as required.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Bank Statements

Response 1 (XX/XX/XXXX XX:XXPM)
Documentation received is sufficient. (Resolved)

XXXX

2213673

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score of XXXX.

Cleared

XXXX

2213564

1 of 3

XXXX

Compliance

TRID - CD - Loan Disclosures/Escrow Account

XXXX

Acknowledged

XXXX

2213564

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213564

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX, which supports the original appraised value.

Cleared

XXXX

2213325

1 of 3

XXXX

Compliance

TRID - CD - Section B incorrect payee

XXXX

The loan contains a fee or fees where 'compensation to' reflects either 'Lender or Broker' under Section B- Services Borrower Did Not Shop For of the revised CD issued on XX/XX/XXXX, Tax Service. However, this fee should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed.

Acknowledged

XXXX

2213325

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213325

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX.

Cleared

XXXX

2218254

1 of 3

XXXX

Compliance

TRID - Zero Tolerance Violation (No Valid COC)

XXXX

The loan failed the charges that cannot increase test. A valid change of circumstance was not provided in the loan file. Therefore, the addition to the following fees was not accepted: VOE, LE XX/XX/XXXX. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Cure package

Response 1 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2218254

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2218254

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX.

Cleared

XXXX

2213666

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213666

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213666

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2218247

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2218247

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2218247

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX.

Cleared

XXXX

2213581

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213581

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213581

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX.

Cleared

XXXX

2213605

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213605

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213605

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX.

Cleared

XXXX

2213338

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213338

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213338

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score is XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports origination appraised value within 10%. (Resolved)

XXXX

2218239

1 of 3

XXXX

Compliance

TRID - CD - Section B incorrect payee

XXXX

The loan contains a fee or fees where 'compensation to' reflects either 'Lender or Broker' under Section B- Services Borrower Did Not Shop For of the revised CD issued on XX/XX/XXXX. Tax Service Fee. However, this fee should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed.

Acknowledged

XXXX

2218239

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2218239

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213311

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213311

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213311

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU Score of XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Rebuttal 2 (XX/XX/XXXX XX:XXPM)
DVR provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided does not support. DVR ordered. (XXXX)

Response 2 (XX/XX/XXXX XX:XXPM)
DVR supports. As this was the second valuation product, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213596

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213596

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213596

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2218249

1 of 3

XXXX

Compliance

State Disclosure - Ohio Disclosure of Right Not to Close/Missing

XXXX

The XXXX Disclosure of Right Not to Close is Missing. Required for all mortgage loans. XXXX Consumer Protection Act - Consumer Sales Practices XXXX Rev. Code Section 1345.031(B)(8)

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Disclosure

Rebuttal 2 (XX/XX/XXXX XX:XXAM)
Disclosure

Response 1 (XX/XX/XXXX XX:XXAM)
Documents not received. Please resubmit. (XXXX)

Response 2 (XX/XX/XXXX XX:XXPM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2218249

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2218249

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213604

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213604

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213604

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX.

Cleared

XXXX

2213343

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213343

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213343

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CU score of XXXX.

Cleared

XXXX

2213688

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213688

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213688

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CU score of XXXX.

Cleared

XXXX

2218241

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2218241

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2218241

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXAM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213690

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213690

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213690

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score is XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports origination appraised value within 10%. (Resolved)

XXXX

2213321

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213321

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213321

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213584

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213584

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213584

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. Cu score is XXXX.

Cleared

XXXX

2213229

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213229

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213229

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213679

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213679

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213679

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213693

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213693

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213693

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213329

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213329

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213329

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213696

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213696

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213696

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2218240

1 of 4

XXXX

Compliance

Security Instrument - Incomplete

XXXX

The following section of the Security Instrument (Mortgage/Deed of Trust) is incomplete: The XXXX signature date is missing.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
Mortgage

Response 1 (XX/XX/XXXX XX:XXAM)
The documentation provided is sufficient to clear the finding. (Resolved)

XXXX

2218240

2 of 4

XXXX

Credit

Income - Pay Stubs Missing

XXXX

The required pay stubs were not obtained from the applicant(s) or were not properly retained in the file. The loan file is missing a paystub dated no earlier than XXXX days prior to the initial loan application date including all year to date earnings for XXXX A VOE was not provided.

Void

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
Invalid - Per DU message XXXX, the loan has day XXXX certainty approving the use of ACH deposits via XXXX. The XXXX artifact was also provided in file. Paystubs are not required.

Response 1 (XX/XX/XXXX XX:XXPM)
Explanation received is sufficient. (Void)

XXXX

2218240

3 of 4

XXXX

Credit

Income - W2(s) Missing

XXXX

XXXX's missing from the loan file. The loan file is missing a W-XXXX from XXXX for XXXX A VOE was not provided.

Void

Response 1 (XX/XX/XXXX XX:XXPM)
Explanation received is sufficient. (Void)

XXXX

2218240

4 of 4

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213685

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213685

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213685

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The CU score is XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Rebuttal 2 (XX/XX/XXXX XX:XXPM)
DVR provided.

XXXX

2213663

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213663

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213663

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score of XXXX.

Cleared

XXXX

2213316

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213316

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213316

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213569

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213569

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213569

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213694

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213694

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213694

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213339

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213339

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213339

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX.

Cleared

XXXX

2213313

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213313

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213313

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The CU score is XXXX.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports origination appraised value within 10%. (Resolved)

XXXX

2213697

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213697

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213697

3 of 3

XXXX

Valuation

Appraisal - Value is not supported within 10% of original appraisal amount

XXXX

The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination stated appraised value.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXPM)
AVM provided.

Response 1 (XX/XX/XXXX XX:XXPM)
AVM provided supports the stated appraised value. As this was a PIW loan, per the rating agencies, this is graded an EV2. (Resolved)

XXXX

2213668

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213668

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213668

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. Cu score is XXXX.

Cleared

XXXX

2213684

1 of 3

XXXX

Compliance

TRID - CD - Closing Information/Closing Date

XXXX

The PCCD issued on XX/XX/XXXX does not reflect the correct closing date, XX/XX/XXXX, when compared to the notary signature date on the security instrument, XX/XX/XXXX. Truth in XXXX (Regulation Z) 12 CFR 1026.38(a)(3)(ii)

Acknowledged

XXXX

2213684

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213684

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score is XXXX.

Cleared

XXXX

2213587

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213587

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213587

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score is XXXX.

Cleared

XXXX

2213598

1 of 3

XXXX

Compliance

TRID - CD - Section B incorrect payee

XXXX

The loan contains a fee or fees where 'compensation to' reflects either 'Lender or Broker' under Section B- Services Borrower Did Not Shop For of the revised CD issued on XX/XX/XXXX. Tax Service Fee. However, this fee should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed.

Acknowledged

XXXX

2213598

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213598

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score is XXXX.

Cleared

XXXX

2213589

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213589

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213589

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX.

Cleared

XXXX

2213582

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213582

2 of 3

XXXX

Credit

No Credit Findings

XXXX

The loan meets all applicable credit guidelines.

Cleared

XXXX

2213582

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

Theappraised value was supported within 10% and all applicable appraisalguidelines were satisfied. CU Score is XXXX.

Cleared

XXXX

2213567

1 of 3

XXXX

Compliance

No Compliance Findings

XXXX

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

Cleared

XXXX

2213567

2 of 3

XXXX

Credit

Assets - Cash to Close

XXXX

The file did not contain evidence the borrower had the proper amount of funds required to close. Provide confirmation of funds accessed from the HELOC for cash to close. Currently have $XXXX listed as funds from HELOC and borrower has already accessed $XXXX for the EMD, confirm total amount accessed.

Resolved

Rebuttal 1 (XX/XX/XXXX XX:XXAM)
Cash to Close

Response 1 (XX/XX/XXXX XX:XXAM)
Documentation received is sufficient. (Resolved)

XXXX

2213567

3 of 3

XXXX

Valuation

Appraisal - Value is supported within 10% of original appraisal amount

XXXX

The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX.

Cleared