|
Redaction ID
|
Loan ID
|
Seller Loan ID
|
Investor Loan ID
|
Overall Initial Loan Grade
|
Overall Final Loan Grade
|
Credit Initial Loan Grade
|
Credit Current/Final Loan Grade
|
Compliance Initial Loan Grade
|
Compliance Current/Final Loan Grade
|
Property Initial Loan Grade
|
Property Current/Final Loan Grade
|
Queue
|
Finding Code
|
Date Created
|
Date Modified
|
Finding Status
|
Event Level
|
Initial Finding Grade
|
Current/Final Finding Grade
|
Finding Category
|
Finding Sub Category
|
Finding Name
|
Finding Comments
|
Seller Comments
|
Resolution Comments
|
Reviewer Comp Factor
|
Originator Comp Factors
|
Finding Documents
|
Originator QM Status
|
Final Reviewed QM Status
|
Loan Amount
|
Property State
|
Occupancy
|
Loan Purpose
|
Refinance Purpose
|
Acknowledged / WaivedBy
|
Waiver in File?
|
Unique Finding ID
|
|
264597
|
XXXX
|
XXXX
|
XXXX
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
QM: Safe Harbor APOR (APOR SH)
|
QM: Safe Harbor APOR (APOR SH)
|
XXXX
|
XX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
||||||||||||||||||
|
267774
|
XXXX
|
XXXX
|
XXXX
|
D
|
B
|
D
|
B
|
A
|
A
|
A
|
A
|
Closed
|
FCRE9488
|
2024-03-13 09:45
|
2024-03-15 17:39
|
Waived
|
2 - Non-Material
|
C
|
B
|
Credit
|
Borrower
|
Potential Occupancy/Current Address Issues identified in the file
|
Waived-1003 declarations indicate borrower "does not intend to occupy the subject property"; file does contain an occupancy cert indicating
the borrower will occupy as a primary residence; Originator waiver applied to non material finding - Due Diligence Vendor-03/13/2024
|
Waived-1003 declarations indicate borrower "does not intend to occupy the subject property"; file does contain an occupancy cert indicating
the borrower will occupy as a primary residence; Originator waiver applied to non material finding - Due Diligence Vendor-03/13/2024
|
Qualifying DTI below maximum allowed - DTI: 31.68%; Max 50%.
Qualifying FICO score is at least 20 points above minimum for program - FICO: 755 Min 660
LTV is less than guideline maximum - LTV: XX.XX% Max 85
Months Reserves exceed minimum required - Reserves: 61.13 Min 3
|
LTV XX.XX%.
DTI 31.68%
61.13 months reserves.
|
Non-QM: Lender documented all ATR UW factors
|
Non-QM: Lender documented all ATR UW factors
|
XXXX
|
XX
|
Primary Residence
|
Purchase
|
NA
|
Originator Post-Close
|
No
|
1491569
|
||
|
267774
|
XXXX
|
XXXX
|
XXXX
|
D
|
B
|
D
|
B
|
A
|
A
|
A
|
A
|
Closed
|
FCRE1152
|
2024-03-13 09:56
|
2024-03-15 13:53
|
Resolved
|
1 - Information
|
D
|
A
|
Credit
|
Missing Doc
|
Evidence of Property Tax Missing
|
Resolved-Evidence of Property Tax is present - Due Diligence Vendor-03/15/2024
Ready for Review-Document Uploaded. Tax cert - Buyer-03/14/2024
Open-Missing Evidence of Property Tax Missing documentation to support property taxes used to qualify for subject; tax cert from title does
not support amount used to qualify. - Due Diligence Vendor-03/13/2024
|
Resolved-Evidence of Property Tax is present - Due Diligence Vendor-03/15/2024
|
Qualifying DTI below maximum allowed - DTI: 31.68%; Max 50%.
Qualifying FICO score is at least 20 points above minimum for program - FICO: 755 Min 660
LTV is less than guideline maximum - LTV: XX.XX% Max 85
Months Reserves exceed minimum required - Reserves: 61.13 Min 3
|
XXXX
|
Non-QM: Lender documented all ATR UW factors
|
Non-QM: Lender documented all ATR UW factors
|
XXXX
|
XX
|
Primary Residence
|
Purchase
|
NA
|
N/A
|
N/A
|
1491627
|
||
|
512504
|
XXXX
|
XXXX
|
XXXX
|
D
|
A
|
D
|
A
|
A
|
A
|
A
|
A
|
Closed
|
FCRE1193
|
2025-02-11 13:10
|
2025-03-10 10:27
|
Resolved
|
1 - Information
|
C
|
A
|
Credit
|
Eligibility
|
Audited DTI Exceeds Guideline DTI
|
Resolved-New Note, 1008, 1003 and PCCD provided. - Due Diligence Vendor-03/06/2025
Ready for Review-Document Uploaded. NEW NOTE DOCUMENTS and Final URLA - Buyer-03/05/2025
Open-Audited DTI of 45.79% exceeds Guideline DTI of 45% *New* Included the Solar Lease payment. - Due Diligence Vendor-02/11/2025
|
Resolved-New Note, 1008, 1003 and PCCD provided. - Due Diligence Vendor-03/06/2025
|
Qualifying FICO score is at least 20 points above minimum for program - Qualifying credit score 785; minimum required 680
LTV is less than guideline maximum - LTV XX.XX%; max 70%.
Months Reserves exceed minimum required - 35 months PITIA reserves; 3 months reserves required.
|
XXXX
|
QM: Safe Harbor APOR (APOR SH)
|
QM: Safe Harbor APOR (APOR SH)
|
XXXX
|
XX
|
Primary Residence
|
Purchase
|
NA
|
N/A
|
N/A
|
3399064
|
||
|
512504
|
XXXX
|
XXXX
|
XXXX
|
D
|
A
|
D
|
A
|
A
|
A
|
A
|
A
|
Closed
|
FCRE5782
|
2025-02-05 09:16
|
2025-03-06 10:32
|
Resolved
|
1 - Information
|
D
|
A
|
Credit
|
Missing Doc
|
Borrower 1 Gap Credit Report is Missing
|
Resolved-Received the borrower Gap Report. - Due Diligence Vendor-02/07/2025
Ready for Review-Document Uploaded. Soft pull - Buyer-02/06/2025
Open-Borrower 1 Gap Credit Report is Missing Not found in file - UDM not on Fraud - Due Diligence Vendor-02/05/2025
|
Resolved-Received the borrower Gap Report. - Due Diligence Vendor-02/07/2025
|
Qualifying FICO score is at least 20 points above minimum for program - Qualifying credit score 785; minimum required 680
LTV is less than guideline maximum - LTV XX.XX%; max 70%.
Months Reserves exceed minimum required - 35 months PITIA reserves; 3 months reserves required.
|
XXXX
|
QM: Safe Harbor APOR (APOR SH)
|
QM: Safe Harbor APOR (APOR SH)
|
XXXX
|
XX
|
Primary Residence
|
Purchase
|
NA
|
N/A
|
N/A
|
3354093
|
||
|
512504
|
XXXX
|
XXXX
|
XXXX
|
D
|
A
|
D
|
A
|
A
|
A
|
A
|
A
|
Closed
|
FCRE1510
|
2025-02-05 08:40
|
2025-03-06 10:20
|
Resolved
|
1 - Information
|
C
|
A
|
Credit
|
Closing
|
Issues exist on the Mortgage Document (Deed of Trust)
|
Resolved-Upon further review, Subject is not in a county that requires a witness signature, nothing further required.There are no issues
present on the Mortgage Document (Deed of Trust). - Due Diligence Vendor-02/07/2025
Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing witnesses as required by state of
XXXX - Due Diligence Vendor-02/05/2025
|
Resolved-Upon further review, Subject is not in a county that requires a witness signature, nothing further required.There are no issues
present on the Mortgage Document (Deed of Trust). - Due Diligence Vendor-02/07/2025
|
Qualifying FICO score is at least 20 points above minimum for program - Qualifying credit score 785; minimum required 680
LTV is less than guideline maximum - LTV XX.XX%; max 70%.
Months Reserves exceed minimum required - 35 months PITIA reserves; 3 months reserves required.
|
QM: Safe Harbor APOR (APOR SH)
|
QM: Safe Harbor APOR (APOR SH)
|
XXXX
|
XX
|
Primary Residence
|
Purchase
|
NA
|
N/A
|
N/A
|
3353691
|
|||
|
512504
|
XXXX
|
XXXX
|
XXXX
|
D
|
A
|
D
|
A
|
A
|
A
|
A
|
A
|
Closed
|
FCRE3978
|
2025-02-07 13:40
|
2025-02-11 13:11
|
Resolved
|
1 - Information
|
D
|
A
|
Credit
|
Missing Doc
|
Missing Letter of Explanation (Credit)
|
Resolved-Received updated 1003. Please see new finding for DTI. - Due Diligence Vendor-02/11/2025
Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-02/07/2025
Open-"New" Provide evidence that the solar lease for XXXX is paid in full or provide the subordination agreement or the transfer to buyer.
If solar is leased , provide a revised 1003 reflecting payment of $222.28 with balance of $53,346.20. - Due Diligence Vendor-02/07/2025
|
Resolved-Received updated 1003. Please see new finding for DTI. - Due Diligence Vendor-02/11/2025
|
Qualifying FICO score is at least 20 points above minimum for program - Qualifying credit score 785; minimum required 680
LTV is less than guideline maximum - LTV XX.XX%; max 70%.
Months Reserves exceed minimum required - 35 months PITIA reserves; 3 months reserves required.
|
XXXX
|
QM: Safe Harbor APOR (APOR SH)
|
QM: Safe Harbor APOR (APOR SH)
|
XXXX
|
XX
|
Primary Residence
|
Purchase
|
NA
|
N/A
|
N/A
|
3377751
|
||
|
574574
|
XXXX
|
XXXX
|
XXXX
|
C
|
A
|
C
|
A
|
A
|
A
|
A
|
A
|
Closed
|
FCRE1148
|
2025-04-14 19:58
|
2025-04-23 14:18
|
Resolved
|
1 - Information
|
C
|
A
|
Credit
|
Title
|
Title Coverage is Less than Subject Lien(s) Total
|
Resolved-Received updated commitment w/sufficient coverage. - Due Diligence Vendor-04/23/2025
Ready for Review-Document Uploaded. Title Commitment - Buyer-04/22/2025
Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). Insufficient tile coverage. Loan amount
is XXXX. Title coverage is XXXX - Due Diligence Vendor-04/14/2025
|
Resolved-Received updated commitment w/sufficient coverage. - Due Diligence Vendor-04/23/2025
|
Qualifying FICO score is at least 20 points above minimum for program - Minimum FICO is 680, qualifying score is 736
Months Reserves exceed minimum required - Minimum reserves are 3 months, Borrowers have 4.01 months
|
XXXX
|
QM: Safe Harbor APOR (APOR SH)
|
QM: Safe Harbor APOR (APOR SH)
|
XXXX
|
XX
|
Second Home
|
Refinance
|
No Cash Out - Borrower Initiated
|
N/A
|
N/A
|
3862306
|
||
|
577578
|
XXXX
|
XXXX
|
XXXX
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
Non-QM: Lender documented all ATR UW factors
|
Non-QM: Lender documented all ATR UW factors
|
XXXX
|
XX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
||||||||||||||||||
|
580558
|
XXXX
|
XXXX
|
XXXX
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
QM: Safe Harbor APOR (APOR SH)
|
QM: Safe Harbor APOR (APOR SH)
|
XXXX
|
XX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
||||||||||||||||||
|
592529
|
XXXX
|
XXXX
|
XXXX
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
QM: Safe Harbor APOR (APOR SH)
|
QM: Safe Harbor APOR (APOR SH)
|
XXXX
|
XX
|
Primary Residence
|
Refinance
|
No Cash Out - Borrower Initiated
|
||||||||||||||||||
|
598637
|
XXXX
|
XXXX
|
XXXX
|
C
|
B
|
C
|
B
|
A
|
A
|
A
|
A
|
Closed
|
FCRE1510
|
2025-05-05 12:05
|
2025-05-08 13:03
|
Resolved
|
1 - Information
|
C
|
A
|
Credit
|
Closing
|
Issues exist on the Mortgage Document (Deed of Trust)
|
Resolved-Received Legal Description. - Due Diligence Vendor-05/08/2025
Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-05/06/2025
Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. -----Missing Legal Description - Due
Diligence Vendor-05/05/2025
|
Resolved-Received Legal Description. - Due Diligence Vendor-05/08/2025
|
Qualifying DTI below maximum allowed - 37.16% DTI. program allows 50%
Qualifying FICO score is at least 20 points above minimum for program - 801 FICO, 680 required
|
XXXX
|
QM: Safe Harbor APOR (APOR SH)
|
QM: Safe Harbor APOR (APOR SH)
|
XXXX
|
XX
|
Primary Residence
|
Purchase
|
NA
|
N/A
|
N/A
|
4044487
|
||
|
598637
|
XXXX
|
XXXX
|
XXXX
|
C
|
B
|
C
|
B
|
A
|
A
|
A
|
A
|
Closed
|
FCRE0019
|
2025-05-06 08:58
|
2025-05-06 12:32
|
Waived
|
2 - Non-Material
|
C
|
B
|
Credit
|
Income/Employment
|
PTIN Prepared P&L
|
Waived-Client exception granted, waiver applied with comp factors. Deemed non-material as client will allow - Due Diligence
Vendor-05/06/2025
Open-PTIN prepared the P&L. PTIN tax preparers are not allowed. lender exception in file. . - Due Diligence Vendor-05/06/2025
|
Waived-Client exception granted, waiver applied with comp factors. Deemed non-material as client will allow - Due Diligence
Vendor-05/06/2025
|
Qualifying DTI below maximum allowed - 37.16% DTI. program allows 50%
Qualifying FICO score is at least 20 points above minimum for program - 801 FICO, 680 required
|
38% DTI. program allows 50%
801 FICO, 680 required
|
QM: Safe Harbor APOR (APOR SH)
|
QM: Safe Harbor APOR (APOR SH)
|
XXXX
|
XX
|
Primary Residence
|
Purchase
|
NA
|
Investor Post-Close
|
No
|
4054378
|
||
|
615687
|
XXXX
|
XXXX
|
XXXX
|
D
|
B
|
D
|
B
|
A
|
A
|
A
|
A
|
Closed
|
FPRO1255
|
2025-05-21 15:45
|
2025-05-27 11:22
|
Resolved
|
1 - Information
|
D
|
A
|
Credit
|
Missing Doc - Credit
|
HOA Questionnaire Document is Missing
|
Resolved-Received condo questionnaire. - Due Diligence Vendor-05/27/2025
Ready for Review-Document Uploaded. Questionnaire - Buyer-05/23/2025
Open-Subject Property is part of an HOA but the HOA Questionnaire Document is Missing. Missing from loan file - Due Diligence
Vendor-05/21/2025
|
Resolved-Received condo questionnaire. - Due Diligence Vendor-05/27/2025
|
Qualifying FICO score is at least 20 points above minimum for program - Min 660, actual 686
Qualifying DTI below maximum allowed - Max 50%, actual 16.29%
Months Reserves exceed minimum required - Min 3 months, actual 184.68 months
LTV is less than guideline maximum - Max 70%, actual XX.XX%
|
XXXX
|
QM: Safe Harbor APOR (APOR SH)
|
QM: Safe Harbor APOR (APOR SH)
|
XXXX
|
XX
|
Primary Residence
|
Purchase
|
NA
|
N/A
|
N/A
|
4208828
|
||
|
615687
|
XXXX
|
XXXX
|
XXXX
|
D
|
B
|
D
|
B
|
A
|
A
|
A
|
A
|
Closed
|
FCRE7806
|
2025-05-21 16:01
|
2025-05-27 11:19
|
Resolved
|
1 - Information
|
D
|
A
|
Credit
|
Missing Doc
|
Borrower 1 Bank Statement Summary/Lender Worksheet is Missing
|
Resolved-Received business bank statement income analysis. - Due Diligence Vendor-05/27/2025
Ready for Review-Document Uploaded. Supporting docs - Buyer-05/23/2025
Ready for Review-Document Uploaded. questionnaire - Buyer-05/23/2025
Open-The Borrower 1 Bank Statement Summary/Lender Worksheet is Missing Missing from loan files - Due Diligence Vendor-05/21/2025
|
Resolved-Received business bank statement income analysis. - Due Diligence Vendor-05/27/2025
|
Qualifying FICO score is at least 20 points above minimum for program - Min 660, actual 686
Qualifying DTI below maximum allowed - Max 50%, actual 16.29%
Months Reserves exceed minimum required - Min 3 months, actual 184.68 months
LTV is less than guideline maximum - Max 70%, actual XX.XX%
|
XXXX
|
QM: Safe Harbor APOR (APOR SH)
|
QM: Safe Harbor APOR (APOR SH)
|
XXXX
|
XX
|
Primary Residence
|
Purchase
|
NA
|
N/A
|
N/A
|
4209009
|
||
|
615687
|
XXXX
|
XXXX
|
XXXX
|
D
|
B
|
D
|
B
|
A
|
A
|
A
|
A
|
Closed
|
FCRE9996
|
2025-05-22 13:44
|
2025-05-22 13:45
|
Waived
|
2 - Non-Material
|
C
|
B
|
Credit
|
Eligibility
|
Condo does not meet requirements
|
Waived-Client exception granted to allow Condo with Reserves <8%, Non-material waiver applied with comp factors. non-material due to Low
LTV - Due Diligence Vendor-05/22/2025
Open-HOA Reserves < 8% - Due Diligence Vendor-05/22/2025
|
Waived-Client exception granted to allow Condo with Reserves <8%, Non-material waiver applied with comp factors. non-material due to Low
LTV - Due Diligence Vendor-05/22/2025
|
Qualifying FICO score is at least 20 points above minimum for program - Min 660, actual 686
Qualifying DTI below maximum allowed - Max 50%, actual 16.29%
Months Reserves exceed minimum required - Min 3 months, actual 184.68 months
LTV is less than guideline maximum - Max 70%, actual XX.XX%
|
Credit score - 686 - Minimum 660
Reserves
|
QM: Safe Harbor APOR (APOR SH)
|
QM: Safe Harbor APOR (APOR SH)
|
XXXX
|
XX
|
Primary Residence
|
Purchase
|
NA
|
Investor Post-Close
|
No
|
4217497
|
||
|
658404
|
XXXX
|
XXXX
|
XXXX
|
C
|
A
|
C
|
A
|
C
|
A
|
A
|
A
|
Closed
|
FCRE5790
|
2025-06-27 10:56
|
2025-07-02 12:06
|
Resolved
|
1 - Information
|
C
|
A
|
Credit
|
Closing
|
Borrower 1 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date)
|
Resolved-Received credit refresh. - Due Diligence Vendor-07/02/2025
Ready for Review-Document Uploaded. Supporting doc - Buyer-07/01/2025
Open-Borrower 1 Gap Credit Report is Expired (Greater than 10 days from Closing/Settlement Date). 11 days old - Due Diligence
Vendor-06/27/2025
|
Resolved-Received credit refresh. - Due Diligence Vendor-07/02/2025
|
Months Reserves exceed minimum required - The Borrower has 46.24 months in the reserves-3 required.
Qualifying FICO score is at least 20 points above minimum for program - The Borrowers FICO score is 756; guideline minimum is 660
|
XXXX
|
QM: Safe Harbor APOR (APOR SH)
|
QM: Safe Harbor APOR (APOR SH)
|
XXXX
|
XX
|
Primary Residence
|
Purchase
|
NA
|
N/A
|
N/A
|
4585342
|
||
|
658404
|
XXXX
|
XXXX
|
XXXX
|
C
|
A
|
C
|
A
|
C
|
A
|
A
|
A
|
Closed
|
finding-3634
|
2025-06-25 15:15
|
2025-06-27 12:22
|
Resolved
|
1 - Information
|
C
|
A
|
Compliance
|
TRID
|
Charges That Cannot Increase Test
|
Resolved-Lender credit of $100.00 on final CD. $.25 due to rounding. Finding resolved.
- Due Diligence Vendor-06/27/2025
Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith
determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $100.25.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a
comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under
§1026.19(e)(1)(i).
- Due Diligence Vendor-06/25/2025
|
Resolved-Lender credit of $100.00 on final CD. $.25 due to rounding. Finding resolved.
- Due Diligence Vendor-06/27/2025
|
Months Reserves exceed minimum required - The Borrower has 46.24 months in the reserves-3 required.
Qualifying FICO score is at least 20 points above minimum for program - The Borrowers FICO score is 756; guideline minimum is 660
|
QM: Safe Harbor APOR (APOR SH)
|
QM: Safe Harbor APOR (APOR SH)
|
XXXX
|
XX
|
Primary Residence
|
Purchase
|
NA
|
N/A
|
N/A
|
4561723
|
|||
|
661075
|
XXXX
|
XXXX
|
XXXX
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
Non-QM: Lender documented all ATR UW factors
|
Non-QM: Lender documented all ATR UW factors
|
XXXX
|
XX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
||||||||||||||||||
|
669578
|
XXXX
|
XXXX
|
XXXX
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
Non-QM: Lender documented all ATR UW factors
|
Non-QM: Lender documented all ATR UW factors
|
XXXX
|
XX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
||||||||||||||||||
|
685755
|
XXXX
|
XXXX
|
XXXX
|
C
|
B
|
C
|
A
|
B
|
B
|
A
|
A
|
Closed
|
FCRE1510
|
2025-07-22 16:54
|
2025-07-25 12:25
|
Resolved
|
1 - Information
|
C
|
A
|
Credit
|
Closing
|
Issues exist on the Mortgage Document (Deed of Trust)
|
Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-07/25/2025
Ready for Review-Document Uploaded. Supporting Doc - Buyer-07/23/2025
Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Legal Description not attached to Mortgage
for recording purposes. - Due Diligence Vendor-07/22/2025
|
Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-07/25/2025
|
Qualifying FICO score is at least 20 points above minimum for program - 762 fico, 700 required
Months Reserves exceed minimum required - 31 months reserves documented, 3 months required
|
XXXX
|
QM: Safe Harbor APOR (APOR SH)
|
QM: Safe Harbor APOR (APOR SH)
|
XXXX
|
XX
|
Second Home
|
Purchase
|
NA
|
N/A
|
N/A
|
4911175
|
||
|
685755
|
XXXX
|
XXXX
|
XXXX
|
C
|
B
|
C
|
A
|
B
|
B
|
A
|
A
|
Closed
|
FCOM5135
|
2025-07-18 10:00
|
2025-07-18 10:00
|
Waived
|
2 - Non-Material
|
B
|
B
|
Compliance
|
Missing Doc
|
Missing Required Affiliated Business Disclosure
|
Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings. - Due Diligence Vendor-07/18/2025
|
Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings. - Due Diligence Vendor-07/18/2025
|
Qualifying FICO score is at least 20 points above minimum for program - 762 fico, 700 required
Months Reserves exceed minimum required - 31 months reserves documented, 3 months required
|
QM: Safe Harbor APOR (APOR SH)
|
QM: Safe Harbor APOR (APOR SH)
|
XXXX
|
XX
|
Second Home
|
Purchase
|
NA
|
Investor Post-Close
|
No
|
4866150
|
|||
|
700638
|
XXXX
|
XXXX
|
XXXX
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
QM: Safe Harbor APOR (APOR SH)
|
QM: Safe Harbor APOR (APOR SH)
|
XXXX
|
XX
|
Primary Residence
|
Purchase
|
NA
|
||||||||||||||||||
|
711686
|
XXXX
|
XXXX
|
XXXX
|
C
|
B
|
C
|
B
|
B
|
B
|
A
|
A
|
Closed
|
FCRE6763
|
2025-08-08 14:18
|
2025-08-11 11:33
|
Waived
|
2 - Non-Material
|
C
|
B
|
Credit
|
Income/Employment
|
Income documentation does not meet guidelines
|
Waived-Client exception granted to allow seasoning on asset depletion. Non-material waiver applied with comp factors. Deemed non-material
due to only 2 months short of seasoning requirement. - Due Diligence Vendor-08/11/2025
Open-4 months seasoning does not meet 6 months of funds for Asset Depletion program.
- Due Diligence Vendor-08/08/2025
|
Waived-Client exception granted to allow seasoning on asset depletion. Non-material waiver applied with comp factors. Deemed non-material
due to only 2 months short of seasoning requirement. - Due Diligence Vendor-08/11/2025
|
LTV is less than guideline maximum - XX.XX% less than the 80% allowed
Months Reserves exceed minimum required - 600 months PITIA reserves; 3 months reserves required.
Qualifying DTI below maximum allowed - Qualifying DTI 23%; max permitted 50%.
|
DTI 25%, FICO 806, LTV XX.XX%
|
QM: Safe Harbor APOR (APOR SH)
|
QM: Safe Harbor APOR (APOR SH)
|
XXXX
|
XX
|
Primary Residence
|
Purchase
|
NA
|
Investor Post-Close
|
No
|
5115153
|
||
|
711686
|
XXXX
|
XXXX
|
XXXX
|
C
|
B
|
C
|
B
|
B
|
B
|
A
|
A
|
Closed
|
FCOM1301
|
2025-08-07 12:59
|
2025-08-07 12:59
|
Waived
|
2 - Non-Material
|
B
|
B
|
Compliance
|
Missing Doc
|
Home Loan Toolkit is Missing
|
Waived-The Home Loan Toolkit disclosure is missing. Client waiver applied to non-material Findings. - Due Diligence Vendor-08/07/2025
|
Waived-The Home Loan Toolkit disclosure is missing. Client waiver applied to non-material Findings. - Due Diligence Vendor-08/07/2025
|
LTV is less than guideline maximum - XX.XX% less than the 80% allowed
Months Reserves exceed minimum required - 600 months PITIA reserves; 3 months reserves required.
Qualifying DTI below maximum allowed - Qualifying DTI 23%; max permitted 50%.
|
QM: Safe Harbor APOR (APOR SH)
|
QM: Safe Harbor APOR (APOR SH)
|
XXXX
|
XX
|
Primary Residence
|
Purchase
|
NA
|
Investor Post-Close
|
No
|
5095926
|
|||
|
722527
|
XXXX
|
XXXX
|
XXXX
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
QM: Safe Harbor APOR (APOR SH)
|
QM: Safe Harbor APOR (APOR SH)
|
XXXX
|
XX
|
Primary Residence
|
Purchase
|
NA
|
||||||||||||||||||
|
752541
|
XXXX
|
XXXX
|
XXXX
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
A
|
QM: Safe Harbor APOR (APOR SH)
|
QM: Safe Harbor APOR (APOR SH)
|
XXXX
|
XX
|
Second Home
|
Purchase
|
NA
|
||||||||||||||||||
|
778313
|
XXXX
|
XXXX
|
XXXX
|
B
|
B
|
A
|
A
|
B
|
B
|
A
|
A
|
Closed
|
FCOM5135
|
2025-09-23 14:38
|
2025-09-23 15:48
|
Waived
|
2 - Non-Material
|
B
|
B
|
Compliance
|
Missing Doc
|
Missing Required Affiliated Business Disclosure
|
Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings. - Due Diligence Vendor-09/23/2025
|
Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings. - Due Diligence Vendor-09/23/2025
|
Qualifying DTI below maximum allowed - Maximum DTI is 50%, qualifying is 42.21%
Months Reserves exceed minimum required - Minimum reserves are 3 months, Borrower has 16.91 months
|
QM: Safe Harbor APOR (APOR SH)
|
QM: Safe Harbor APOR (APOR SH)
|
XXXX
|
XX
|
Primary Residence
|
Refinance
|
No Cash Out - Borrower Initiated
|
Investor Post-Close
|
No
|
5639491
|