Exhibit 99.2 Schedule 2
| Loan ID | Redaction 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 |
| XXXX | 3085395 | C | B | C | B | A | A | A | A | Closed | FCRE1198 | 2026-02-24 13:27 | 2026-03-23 11:05 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Waived-Document Uploaded.
Originator exception granted to allow 5.35 months reserves with 6 months
minimum. Non-material waiver applied to finding with compensating factors. -
Due Diligence Vendor-03/23/2026 Counter-Please provide exception approval with compensating factors. - Due Diligence Vendor-03/19/2026 Ready for Review-Please waive/downgrade with Comp factor of conservative LTV at 45%. Thank you! - Due Diligence Vendor-03/17/2026 Counter-Review considered XXXX and verified reserves are short by $3,233.39 - Due Diligence Vendor-03/02/2026 Ready for Review-please provide the breakdown of your calculation of reserves so that we can provide to underwriting for review - Due Diligence Vendor-02/27/2026 Open-Audited Reserves of 5.35 month(s) are less than Guideline Required Reserves of 6 month(s) Guidelines require 6 months reserves, loan file is short additional funds to cover reserves - Due Diligence Vendor-02/24/2026 |
Waived-Document Uploaded.
Originator exception granted to allow 5.35 months reserves with 6 months
minimum. Non-material waiver applied to finding with compensating factors. -
Due Diligence Vendor-03/23/2026 |
LTV is less than guideline
maximum - Required is 70 Borrower has 44.43 Credit history exceeds minimum required - Credit History = 92 Months Minimum Credit History = 12 Months |
LTV of 44.43% with max 70% | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Post-Close | Yes | 7782197 | ||
| XXXX | 3085395 | C | B | C | B | A | A | A | A | Closed | FCRE2244 | 2026-02-25 17:01 | 2026-03-02 15:31 | Resolved | 1 - Information | C | A | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Resolved-Received 1004d
reflecting complete - Due Diligence Vendor-03/02/2026 Ready for Review-final - Due Diligence Vendor-02/27/2026 Open-Property Issues are identified for the property 1004D final inspection indicates that the subject was not completed as of XXXX. Final inspection to be provided reflecting subject was completed in accordance with the requirements and conditions stated in the original appraisal. - Due Diligence Vendor-02/25/2026 |
Resolved-Received 1004d
reflecting complete - Due Diligence Vendor-03/02/2026 |
LTV is less than guideline
maximum - Required is 70 Borrower has 44.43 Credit history exceeds minimum required - Credit History = 92 Months Minimum Credit History = 12 Months |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 7811191 | |||
| XXXX | 3099189 | D | A | D | A | A | A | A | A | Closed | FCRE1365 | 2026-02-25 08:03 | 2026-03-27 09:22 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 2 IRS Transcripts Missing | Resolved-Received 2024
1040 transcripts. - Due Diligence
Vendor-03/27/2026 Ready for Review-Attached is the XXXX 1040 transcripts and the XXXX 1120S Business Transcripts. - Due Diligence Vendor-03/25/2026 Open-Borrower 2 IRS Transcripts Missing Guidelines require, for other types of income, Tax Return Transcripts (1040) for the year(s) of qualifying income. - Due Diligence Vendor-02/25/2026 |
Resolved-Received XXXX 1040
transcripts. - Due Diligence
Vendor-03/27/2026 |
LTV is less than guideline
maximum - Required is 85 Borrower has 67.28 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 744 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 7795580 | |||
| XXXX | 3099189 | D | A | D | A | A | A | A | A | Closed | FCRE1335 | 2026-02-25 08:03 | 2026-03-27 09:21 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 IRS Transcripts Missing | Resolved-Received 2024
1040 transcripts. - Due Diligence
Vendor-03/27/2026 Ready for Review-Borrower only gets SSI income, obtaining the actual 1099 SSI transcripts is not required. 2024 1040’s was filed jointly and it shows the SSI income on the tax returns and the 1040 transcripts. - Due Diligence Vendor-03/25/2026 Counter-Tax Returns and W-2's provided. Please provide the Transcripts. - Due Diligence Vendor-03/06/2026 Ready for Review-Tax Return - Due Diligence Vendor-03/04/2026 Open-Borrower 1 IRS Transcripts Missing Guidelines require, for a self-employed borrower, Tax Return Transcripts (1040) for the year(s) of qualifying income. - Due Diligence Vendor-02/25/2026 |
Resolved-Received XXXX 1040
transcripts. - Due Diligence
Vendor-03/27/2026 |
LTV is less than guideline
maximum - Required is 85 Borrower has 67.28 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 744 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 7795579 | |||
| XXXX | 3099534 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | |||||||||||||||||||
| XXXX | 3103449 | D | A | D | A | A | A | A | A | Closed | FCRE1964 | 2026-02-26 17:46 | 2026-03-09 10:01 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing income documentation | Resolved-Validation of
secondary self employment loss not required as borrower qualifying with
wage. XXXX, Underwriting Factors and
Documentation for a Self-Employed Borrower (XXXX) - Due Diligence
Vendor-03/09/2026 Ready for Review-The guidelines defer to XXXX for other sources of income. The self-employment income/loss is secondary and would not require verification. Please see page 7 of the guidelines. - Due Diligence Vendor-03/05/2026 Open-Self employment loss is evidenced on borrower's tax returns Sch E and no documentation provided to evidence business has been shuttered or that the business is not the borrowers. - Due Diligence Vendor-02/26/2026 |
Resolved-Validation of
secondary self employment loss not required as borrower qualifying with
wage. XXXX, Underwriting Factors and
Documentation for a Self-Employed Borrower (XXXX) - Due Diligence
Vendor-03/09/2026 |
Qualifying DTI below
maximum allowed - 50% max DTI - have 29.97% Qualifying FICO score is at least 20 points above minimum for program - 680 min - have 815 FICO |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7833074 | ||||
| XXXX | 3103449 | D | A | D | A | A | A | A | A | Closed | FCRE1152 | 2026-02-26 13:32 | 2026-03-04 14:35 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Received tax
billing statement for subject. - Due Diligence Vendor-03/04/2026 Ready for Review-Attached - Due Diligence Vendor-03/03/2026 Open-Missing Evidence of Property Tax Unable to find documentation regarding calculation of taxes. - Due Diligence Vendor-02/26/2026 |
Resolved-Received tax
billing statement for subject. - Due Diligence Vendor-03/04/2026 |
Qualifying DTI below
maximum allowed - 50% max DTI - have 29.97% Qualifying FICO score is at least 20 points above minimum for program - 680 min - have 815 FICO |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7827111 | |||
| XXXX | 3099522 | D | A | D | A | C | A | A | A | Closed | FCRE1325 | 2026-03-06 15:20 | 2026-04-23 14:11 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 CPA Letter Missing | Resolved-Certificate of
distribution interest was provided. - Due Diligence Vendor-04/23/2026 Ready for Review-04/22/2026 - XXXX: The borrower previously owned 99% of the company. Please see attached. - Due Diligence Vendor-04/22/2026 Counter-SOS provided Reflecting 2 Managers and Admission date of XXXX. Tax preparer letter states 100% owner of XXXX since February 1,2026. Please provide documentation to support the % of ownership prior to 2/1/2026, income may need to be recalculated. Additional findings may apply. - Due Diligence Vendor-04/21/2026 Ready for Review-04/20/2026 - XXXX: Please see the attached documentation from the IL SOS reflecting a business start date of XXXX - Due Diligence Vendor-04/20/2026 Counter-Business documentation in the loan file does not support the borrower has owned the business for 2 years. - Due Diligence Vendor-03/13/2026 Ready for Review-03/11/2026 - XXXX: The CPA stated the borrower owned 100% of XXXX. They did not state that XXXX was established on that date. A revised CPA letter is not required. - Due Diligence Vendor-03/11/2026 Open-Borrower 1 CPA Letter Missing CPA letter in the file reflets the business started in 2026. Business documents in the file reflect 2012. CPA letter to be updated/corrected. - Due Diligence Vendor-03/06/2026 |
Resolved-Certificate of
distribution interest was provided. - Due Diligence Vendor-04/23/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 30.68 Required is 50 Borrower
has 30.68 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 809 Required is 680 Borrower has 809 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7978683 | |||
| XXXX | 3099522 | D | A | D | A | C | A | A | A | Closed | finding-3652 | 2026-03-05 13:02 | 2026-03-10 11:01 | Resolved | 1 - Information | C | A | Compliance | TRID | Lender Credits That Cannot Decrease Test | Resolved-Upon further
review, the document(s) are located in original file, nothing further
required. - Due Diligence
Vendor-03/10/2026 Ready for Review-TF 3/9 A Rate change took place on 2.24 taking the rate from 7.5% to 7.399% Due to this there was an adjustment to the pricing for the rate from -0.127% or -$585.84 to 0.140% or $647.01. On 2.24 a Closing disclosure went out to the borrower to redisclose. Please see attached Closing disclosures, rate lock confirmation forms, and Change of Circumstance form. - Due Diligence Vendor-03/09/2026 Open-This loan failed the lender credits that cannot decrease 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). The final sum of specific and non-specific lender credits ($5,799.19) does not exceed or equal the comparable sum of specific and non-specific lender credits ($6,352.03). Please see the 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). ----- Lender credit decreased from $6352.03 to $5799.19 without a valid COC in file. Provide a COC for decrease OR evidence of refund to borrower or principal reduction in the amount of $XX, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Reduction in Lender credits must be directly related to fees and must offset closing cost equally. Statute of Limitations 3 years- Expiration date is XXXX. - Due Diligence Vendor-03/05/2026 |
Resolved-Upon further
review, the document(s) are located in original file, nothing further
required. - Due Diligence
Vendor-03/10/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 30.68 Required is 50 Borrower
has 30.68 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 809 Required is 680 Borrower has 809 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7949125 | |||
| XXXX | 3099522 | D | A | D | A | C | A | A | A | Closed | finding-3635 | 2026-03-05 13:02 | 2026-03-10 11:01 | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That In Total Cannot Increase More Than 10% Test | Resolved-Upon further
review, the document(s) are located in original file, nothing further
required. - Due Diligence
Vendor-03/10/2026 Ready for Review-TF 3/9 Please see the attached Final Closing Disclosure and Tolerance Cure breakdown which shows the borrower was provided a credit at closing for the increase in the Recording Fee. - Due Diligence Vendor-03/09/2026 Open-This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($XX) exceed the comparable charges ($XX) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi). ----- Ten (10%) tolerance fees (Recording Fee) increased by $45 without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of $XX, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Statute of Limitations -1 Year(s); Expiration Date: XXXX. - Due Diligence Vendor-03/05/2026 |
Resolved-Upon further
review, the document(s) are located in original file, nothing further
required. - Due Diligence
Vendor-03/10/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 30.68 Required is 50 Borrower
has 30.68 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 809 Required is 680 Borrower has 809 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7949129 | |||
| XXXX | 3104169 | D | B | D | B | A | A | A | A | Closed | FCRE9996 | 2026-03-06 09:39 | 2026-09-25 16:05 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Condo does not meet requirements | Waived-Originator Waiver
applied to Non-Material Finding with Comp Factors. Exception in file for
non-warrantable condo due to ACV on roofs over 15 years of age. Page with compensating factors states its
attached but is missing. - Due Diligence Vendor-03/09/2026 Open-Lender exception on file for Non Warr Condo. "ACV on roofs over 15 Years of age" (pg 844) - Due Diligence Vendor-03/06/2026 |
Waived-Originator Waiver
applied to Non-Material Finding with Comp Factors. Exception in file for
non-warrantable condo due to ACV on roofs over 15 years of age. Page with compensating factors states its
attached but is missing. - Due Diligence Vendor-03/09/2026 |
Months Reserves exceed
minimum required - 97.03 mths reserves; 3 mths required. Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 804 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | Yes | 7970493 | ||||
| XXXX | 3104169 | D | B | D | B | A | A | A | A | Closed | FCRE1510 | 2026-03-06 07:45 | 2026-03-10 17:22 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Mortgage
w/Legal. - Due Diligence Vendor-03/10/2026 Ready for Review-mortgage with legal - Due Diligence Vendor-03/09/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing legal description in mortgage chain - Due Diligence Vendor-03/06/2026 |
Resolved-Received Mortgage
w/Legal. - Due Diligence Vendor-03/10/2026 |
Months Reserves exceed
minimum required - 97.03 mths reserves; 3 mths required. Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 804 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7966697 | |||
| XXXX | 3104169 | D | B | D | B | A | A | A | A | Closed | FCRE5782 | 2026-03-06 09:10 | 2026-03-10 17:21 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Received UDM -
Due Diligence Vendor-03/10/2026 Ready for Review-UDM - Due Diligence Vendor-03/09/2026 Open-Borrower 1 Gap Credit Report is Missing Missing Gap Rep - Due Diligence Vendor-03/06/2026 |
Resolved-Received UDM - Due
Diligence Vendor-03/10/2026 |
Months Reserves exceed
minimum required - 97.03 mths reserves; 3 mths required. Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 804 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7969952 | |||
| XXXX | 3104169 | D | B | D | B | A | A | A | A | Closed | FCRE1440 | 2026-03-09 09:13 | 2026-03-10 17:21 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received 12
months canceled checks. - Due Diligence Vendor-03/10/2026 Ready for Review-rent payments - Due Diligence Vendor-03/09/2026 Open-Housing History Does Not Meet Guideline Requirements Borrower stated living in current primary residence for XXXX years. Need complete 12 month housing history. - Due Diligence Vendor-03/09/2026 |
Resolved-Received 12 months
canceled checks. - Due Diligence Vendor-03/10/2026 |
Months Reserves exceed
minimum required - 97.03 mths reserves; 3 mths required. Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 804 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7994323 | |||
| XXXX | 3100026 | D | A | D | A | A | A | A | A | Closed | FCRE1193 | 2026-03-16 11:28 | 2026-04-15 14:12 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Resolved-Updated Bank
Statement income - Large Deposit threshold is X% of XXXX or XXXX. DTI now under 50% - Due Diligence
Vendor-04/15/2026 Ready for Review-04/15 XXXX I believe we can use the Seller’s income calculations. Per XXXX guidelines a large deposit for a loan amount of XXXX would be XXXX. In our case, the greater of the two calculations would be 5% of the loan amount. In May and November the Borrower’s total deposits exceed XXXX but not any individual deposit exceeded this amount so these would not need to be explained or documented. In August the large deposit of XXXX was excluded as this was an accounting credit adjustment, so no explanation or documentation would be needed in this case either. A detailed email has been sent to your email with attachments and snippits for clarity. Please clear this suspense item. - Due Diligence Vendor-04/15/2026 Counter-Average deposit is $XX. Noted large deposits must be sourced. Finding remains. - Due Diligence Vendor-03/23/2026 Ready for Review-03/20/2026 - XXXX: Please see the attached income worksheet. The large deposit of XXXX was excluded. Additionally, the large deposit threshold for this transaction is XXXX (X% of total loan amount). The deposits of XXXX are not required to be sourced and documented. - Due Diligence Vendor-03/20/2026 Open-Audited DTI of 66.47% exceeds Guideline DTI of 50% the income being used for the 12 month bank statements doesn't match. Originator did not provide a calculator for this. Only advised of three large deposits and what they are. No proof that they are income. Used 10% expense factor per CPA letter. - Due Diligence Vendor-03/16/2026 |
Resolved-Updated Bank
Statement income - Large Deposit threshold is X% of XXXX or XXXX. DTI now under 50% - Due Diligence
Vendor-04/15/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 44.66 LTV is less than guideline maximum - Required is 80 Borrower has 50 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 776 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8128850 | |||
| XXXX | 3100026 | D | A | D | A | A | A | A | A | Closed | FCRE5782 | 2026-03-16 10:33 | 2026-04-06 13:21 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Upon further
review, the loan file contained all required credit documentation. - Due
Diligence Vendor-04/06/2026 Ready for Review-04/03 XXXX guidelines and the MLPA does not require a gap credit report. Please clear this suspense item. - Due Diligence Vendor-04/03/2026 Counter-Missing credit report within 10 days of closing. - Due Diligence Vendor-03/23/2026 Ready for Review-03/20/2026 - XXXX: The borrower's credit report dated XXXX has not expired. A Gap credit report is not required. - Due Diligence Vendor-03/20/2026 Open-Borrower 1 Gap Credit Report is Missing - Due Diligence Vendor-03/16/2026 |
Resolved-Upon further
review, the loan file contained all required credit documentation. - Due
Diligence Vendor-04/06/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 44.66 LTV is less than guideline maximum - Required is 80 Borrower has 50 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 776 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8126488 | ||||
| XXXX | 3100026 | D | A | D | A | A | A | A | A | Closed | FCRE5783 | 2026-03-16 10:33 | 2026-04-06 13:21 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 2 Gap Credit Report is Missing | Resolved-Upon further
review, the loan file contained all required credit documentation. - Due
Diligence Vendor-04/06/2026 Ready for Review-04/03 XXXX guidelines and the MLPA does not require a gap credit report. Please clear this suspense item. - Due Diligence Vendor-04/03/2026 Counter-Missing credit report within 10 days of closing. - Due Diligence Vendor-03/23/2026 Ready for Review-03/20/2026 - XXXX: The borrower's credit report dated XXXX has not expired. A Gap credit report is not required. - Due Diligence Vendor-03/20/2026 Open-Borrower 2 Gap Credit Report is Missing - Due Diligence Vendor-03/16/2026 |
Resolved-Upon further
review, the loan file contained all required credit documentation. - Due
Diligence Vendor-04/06/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 44.66 LTV is less than guideline maximum - Required is 80 Borrower has 50 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 776 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8126489 | ||||
| XXXX | 3100026 | D | A | D | A | A | A | A | A | Closed | FCRE1510 | 2026-03-13 10:39 | 2026-03-27 09:31 | 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-03/27/2026 Ready for Review-Recorded Security Instrument - Due Diligence Vendor-03/25/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing Legal Description - Due Diligence Vendor-03/13/2026 |
Resolved-Received complete
security instrument inclusive of legal description. - Due Diligence
Vendor-03/27/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 44.66 LTV is less than guideline maximum - Required is 80 Borrower has 50 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 776 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8095878 | |||
| XXXX | 3100026 | D | A | D | A | A | A | A | A | Closed | FCRE1202 | 2026-03-17 08:41 | 2026-03-23 17:02 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report Partially Provided | Resolved-Third Party Fraud
Report is fully present - Due Diligence Vendor-03/23/2026 Ready for Review-03/20/2026 - XXXX: Please see attached. - Due Diligence Vendor-03/20/2026 Open-Third Party Fraud Report Partially Provided Full report is not in loan file - Due Diligence Vendor-03/17/2026 |
Resolved-Third Party Fraud
Report is fully present - Due Diligence Vendor-03/23/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 44.66 LTV is less than guideline maximum - Required is 80 Borrower has 50 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 776 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8147582 | |||
| XXXX | 3102693 | D | A | D | A | C | A | A | A | Closed | finding-3352 | 2026-03-13 10:37 | 2026-09-25 16:01 | Resolved | 1 - Information | C | A | Compliance | Points & Fees | Higher-Priced Mortgage Loan Test | Open-This loan failed the
higher-priced mortgage loan test. ( 12 CFR § 1026.35(a)(1) )Using the greater
of the disclosed APR and the calculated APR, the loan is a higher-priced
mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan
provisions specify that lenders can legally make this type of loan subject to
additional requirements in 12 CFR §1026.35, some lenders and secondary market
investors may prefer not to fund or buy higher-priced mortgage loans even if
the additional conditions are met. Waived to non-material, subject loan has a
full appraisal and escrows - Due Diligence Vendor-03/13/2026 Resolved-HPML guides were met, file contains full appraisal and has escrows - Due Diligence Vendor-03/27/2026 Ready for Review-03/24/26 - XXXX: This transaction does not qualify as an HPML flip. Page #5 of the preliminary title commitment confirms the seller owned the property since XXXX. - Due Diligence Vendor-03/24/2026 |
Resolved-HPML guides were
met, file contains full appraisal and has escrows - Due Diligence
Vendor-03/27/2026 |
LTV is less than guideline
maximum - Required is 90 Borrower has 80 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 693 Qualifying DTI below maximum allowed - Required is 50 Borrower has 33.18 |
QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 8095820 | ||||
| XXXX | 3102693 | D | A | D | A | C | A | A | A | Closed | FCRE1325 | 2026-03-17 13:28 | 2026-03-26 17:05 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 CPA Letter Missing | Resolved-Received CPA
letter confirming 100% ownership.
Received SOS to confirm business active for over 24 months. - Due Diligence Vendor-03/26/2026 Ready for Review-03/24/26 - XXXX: The second sentence of the provided CPA letter states "XXXX is the sole owner of a XXXX.", which means they own 100% of the company. A revised letter is not required. Additionally, the provided documentation from the XXXX SOS confirms a business start date of XXXX. A revised CPA letter reflecting this information is not required. - Due Diligence Vendor-03/24/2026 Counter-Received CPA letter. Letter does not confirm percentage of ownership. - Due Diligence Vendor-03/24/2026 Ready for Review-03/20/26 - XXXX: Please see the attached CPA letter confirming the borrower is the sole owner of XXXX. Attached is also documentation from the XXXX SOS confirming XXXX has been active since XXXX. - Due Diligence Vendor-03/20/2026 Open-Borrower 1 CPA Letter Missing. (Missing verification of percentage ownership. Provide executed CPA letter OR Operating Agreement confirming: 1) borrower ownership % in business, must not be < 25%. 2) How long borrower has had ownership in business. - Due Diligence Vendor-03/17/2026 |
Resolved-Received CPA
letter confirming 100% ownership.
Received SOS to confirm business active for over 24 months. - Due Diligence Vendor-03/26/2026 |
LTV is less than guideline
maximum - Required is 90 Borrower has 80 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 693 Qualifying DTI below maximum allowed - Required is 50 Borrower has 33.18 |
XXXX | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 8157628 | |||
| XXXX | 3102693 | D | A | D | A | C | A | A | A | Closed | FCRE5782 | 2026-03-17 13:12 | 2026-03-26 17:01 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Upon further
review, file contained all credit documentations. - Due Diligence Vendor-03/26/2026 Ready for Review-03/24/26 - XXXX: A Gap credit report is not required per XXXX guidelines or the agreed upon guidelines with XXXX. The provided credit report is sufficient as a standalone document. - Due Diligence Vendor-03/24/2026 Counter-No document provided. Need Gap report within 10 days of closing. - Due Diligence Vendor-03/24/2026 Ready for Review-03/20/2026 - XXXX: The credit report dated XXXX was not expired as of the note date. A gap credit report is not required. - Due Diligence Vendor-03/20/2026 Open-Borrower 1 Gap Credit Report is Missing and required. - Due Diligence Vendor-03/17/2026 |
Resolved-Upon further
review, file contained all credit documentations. - Due Diligence Vendor-03/26/2026 |
LTV is less than guideline
maximum - Required is 90 Borrower has 80 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 693 Qualifying DTI below maximum allowed - Required is 50 Borrower has 33.18 |
QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 8157287 | ||||
| XXXX | 3102693 | D | A | D | A | C | A | A | A | Closed | finding-3652 | 2026-03-13 10:37 | 2026-03-19 11:46 | Resolved | 1 - Information | C | A | Compliance | TRID | Lender Credits That Cannot Decrease Test | Resolved-Received COC for
fees. Finding Resolved. - Due Diligence Vendor-03/19/2026 Ready for Review-LI 3/18 Disagree. The Lender credit increased from $0.00 to $XX on the final CD. - Due Diligence Vendor-03/18/2026 Open-This loan failed the lender credits that cannot decrease test. ( 12 CFR §1026.19(e)(3)(i) )The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits ($XX) does not exceed or equal the comparable sum of specific and non-specific lender credits ($18,480.00). Please see the 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). ----- Lender credit decreased from $0 to $XX without a valid COC in file. Provide a COC for decrease OR evidence of refund to borrower or principal reduction in the amount of $XX, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Reduction in Lender credits must be directly related to fees and must offset closing cost equally. Statute of Limitations 3 years- Expiration date is XXXX - Due Diligence Vendor-03/13/2026 |
Resolved-Received COC for
fees. Finding Resolved. - Due Diligence Vendor-03/19/2026 |
LTV is less than guideline
maximum - Required is 90 Borrower has 80 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 693 Qualifying DTI below maximum allowed - Required is 50 Borrower has 33.18 |
QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 8095814 | ||||
| XXXX | 3102693 | D | A | D | A | C | A | A | A | Closed | finding-3634 | 2026-03-13 10:37 | 2026-03-19 11:46 | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Upon further
review, the document(s) are located in original file, nothing further
required. - Due Diligence
Vendor-03/19/2026 Ready for Review-LI 3/18 Disagree. The Appraisal was paid for by the Lender and is not subject to Tolerance. On 2/19 the borrower requested to change to Borrower paid Comp to reduce discount points causing pricing to go from 2.4767% or $XX to -0.274% or -$XX. Please see attached Closing disclosures, rate lock confirmation forms, and Change of Circumstance form. - Due Diligence Vendor-03/18/2026 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 $XX.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). ----- Zero (0%) tolerance fees increased by $XX Loan Origination Fee & Appraisal Fee without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of $, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Statute of Limitations - 3 Year(s); Expiration Date: XXXX. - Due Diligence Vendor-03/13/2026 |
Resolved-Upon further
review, the document(s) are located in original file, nothing further
required. - Due Diligence
Vendor-03/19/2026 |
LTV is less than guideline
maximum - Required is 90 Borrower has 80 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 693 Qualifying DTI below maximum allowed - Required is 50 Borrower has 33.18 |
XXXX | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 8095815 | |||
| XXXX | 3102894 | D | B | D | B | A | A | C | A | Closed | FCRE1316 | 2026-03-13 16:16 | 2026-05-20 12:27 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Sch E of
2023/2024 1040s do not reflect any ownership interest in XXXX. 2 years of
1040s, transcripts and corresponding k-1s for all other businesses in
file. - Due Diligence
Vendor-05/20/2026 Counter-Client provided VVOE. Job Title is XXXX in XXXX. Provide proof what % of ownership borrower has in XXXX. Additional conditions may apply. - Due Diligence Vendor-05/19/2026 Counter-Client provided VVOE, reflects current as of 2/13. Job Title is XXXX. Provide proof what % ow ownership borrower has in XXXX - Due Diligence Vendor-03/23/2026 Ready for Review-VOE attached. - Due Diligence Vendor-03/20/2026 Counter-Lender response. VOE - No document attached - Due Diligence Vendor-03/20/2026 Ready for Review-VOE - Due Diligence Vendor-03/18/2026 Open-Borrower 1 3rd Party VOE Prior to Close Missing - Due Diligence Vendor-03/13/2026 |
Resolved-Sch E of 2023/XXXX
1040s do not reflect any ownership interest in XXXX. 2 years of 1040s,
transcripts and corresponding k-1s for all other businesses in file. - Due Diligence Vendor-05/20/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 680 Borrower has
806 Qualifying DTI below maximum allowed - Required is 50 Borrower has 21.64 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8105418 | |||
| XXXX | 3102894 | D | B | D | B | A | A | C | A | Closed | FCRE1194 | 2026-03-16 17:13 | 2026-03-30 15:32 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Document Uploaded.
Originator waiver applied to non-material finding with compensating
factors. 5% LTV exception. - Due
Diligence Vendor-03/25/2026 Ready for Review-Please waive/downgrade per email sent to XXXX - Due Diligence Vendor-03/25/2026 Counter-Matrix used for UW is XXXX Matrix 12/19/2025 which max LTV is 75% - Due Diligence Vendor-03/23/2026 Ready for Review-Guideline 2 pages - Due Diligence Vendor-03/23/2026 Counter-Received snip of guideline. Unable to determine date. Review of file confirm file submitted with XXXX Matrix 12/19/202. Review of noted matrix limit LTV to 75% for NOO Cash out. Finding remains. - Due Diligence Vendor-03/20/2026 Ready for Review-LTV for a cash out Investment property is 80%. - Due Diligence Vendor-03/19/2026 Open-Audited LTV of 80% exceeds Guideline LTV of 75%. Subject LTV exceeds max allowed for investment cash out refinance program. - Due Diligence Vendor-03/16/2026 |
Waived-Document Uploaded.
Originator waiver applied to non-material finding with compensating
factors. 5% LTV exception. - Due
Diligence Vendor-03/25/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 680 Borrower has
806 Qualifying DTI below maximum allowed - Required is 50 Borrower has 21.64 |
21.64% DTI, max 50% 806 fico, min 680 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | 8137960 | ||
| XXXX | 3102894 | D | B | D | B | A | A | C | A | Closed | FCRE1163 | 2026-03-13 14:49 | 2026-03-25 12:53 | Resolved | 1 - Information | C | A | Credit | Insurance | Flood Certification Date is greater than Note Date | Resolved-The subject
property is not in a flood zone and the property is an investment property. -
Due Diligence Vendor-03/25/2026 Ready for Review-please waive/downgrade, subject is not in a Flood Zone. - Due Diligence Vendor-03/24/2026 Counter-Received lender response Flood Cert milestone done prior to closing. File include flood cert dated after Note date. - Due Diligence Vendor-03/20/2026 Ready for Review-Flood certificates are ordered automatically at the Assign to Close milestone if NOT in a flood zone. If the property is determined to be in a flood zone, the flood certificate will be ordered automatically at the Sent to Processing milestone, which would be prior to closing. - Due Diligence Vendor-03/19/2026 Open-Flood Certification Date is greater than XXXX - Due Diligence Vendor-03/13/2026 |
Resolved-The subject
property is not in a flood zone and the property is an investment property. -
Due Diligence Vendor-03/25/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 680 Borrower has
806 Qualifying DTI below maximum allowed - Required is 50 Borrower has 21.64 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8103592 | ||||
| XXXX | 3102894 | D | B | D | B | A | A | C | A | Closed | FCRE1504 | 2026-03-13 17:03 | 2026-03-23 14:56 | Resolved | 1 - Information | C | A | Credit | QM-ATR | ATR: An ATR/QM Residual Income Analysis was not provided | Resolved-Upon further
review of GL Residual Income Analysis is not required - Due Diligence
Vendor-03/23/2026 Ready for Review-Analysis is not required for this program. - Due Diligence Vendor-03/19/2026 Open-ATR: An ATR/QM Residual Income Analysis was not provided - Due Diligence Vendor-03/13/2026 |
Resolved-Upon further
review of GL Residual Income Analysis is not required - Due Diligence
Vendor-03/23/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 680 Borrower has
806 Qualifying DTI below maximum allowed - Required is 50 Borrower has 21.64 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8106886 | ||||
| XXXX | 3102894 | D | B | D | B | A | A | C | A | Closed | FPRO1257 | 2026-03-13 14:41 | 2026-03-20 16:45 | Resolved | 1 - Information | C | A | Property | Value | Primary Property Value is not Substantiated | Resolved-Received CDA
supporting appraisal value. - Due Diligence Vendor-03/20/2026 Ready for Review-CDA - Due Diligence Vendor-03/18/2026 Open-The Primary Property Value is unsubstantiated. Additional valuation product is required. - Due Diligence Vendor-03/13/2026 |
Resolved-Received CDA
supporting appraisal value. - Due Diligence Vendor-03/20/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 680 Borrower has
806 Qualifying DTI below maximum allowed - Required is 50 Borrower has 21.64 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8103468 | |||
| XXXX | 3102894 | D | B | D | B | A | A | C | A | Closed | FCRE7896 | 2026-03-13 14:41 | 2026-03-20 16:45 | Resolved | 1 - Information | C | A | Property | Appraisal | Two of more full valuation products not provided for loan amounts between $1.2 M and $2 million | Resolved-Received CDA. -
Due Diligence Vendor-03/20/2026 Ready for Review-CDA - Due Diligence Vendor-03/18/2026 Open-Additional valuation product has not been provided and Loan Amount is: 'XXXX.' - Due Diligence Vendor-03/13/2026 |
Resolved-Received CDA. -
Due Diligence Vendor-03/20/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 680 Borrower has
806 Qualifying DTI below maximum allowed - Required is 50 Borrower has 21.64 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8103469 | |||
| XXXX | 3102894 | D | B | D | B | A | A | C | A | Closed | FCRE1182 | 2026-03-13 17:07 | 2026-03-20 16:41 | Resolved | 1 - Information | B | A | Credit | Missing Doc | Approval/Underwriting Summary Not Provided | Resolved-Received
1008. - Due Diligence
Vendor-03/20/2026 Ready for Review-1008 - Due Diligence Vendor-03/18/2026 Open-Missing Approval/Underwriting Summary - Due Diligence Vendor-03/13/2026 |
Resolved-Received
1008. - Due Diligence
Vendor-03/20/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 680 Borrower has
806 Qualifying DTI below maximum allowed - Required is 50 Borrower has 21.64 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8107023 | |||
| XXXX | 3102894 | D | B | D | B | A | A | C | A | Closed | FCRE7009 | 2026-03-13 14:49 | 2026-03-20 16:26 | Resolved | 1 - Information | C | A | Credit | Insurance | Hazard insurance dwelling coverage is not sufficient | Resolved-Received
Replacement Cost Estimate. - Due Diligence Vendor-03/20/2026 Ready for Review-Replacement Cost Estimate - Due Diligence Vendor-03/18/2026 Open-Insufficient Coverage Amount for Insured Subject Property. - Due Diligence Vendor-03/13/2026 |
Resolved-Received
Replacement Cost Estimate. - Due Diligence Vendor-03/20/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 680 Borrower has
806 Qualifying DTI below maximum allowed - Required is 50 Borrower has 21.64 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8103591 | |||
| XXXX | 3102894 | D | B | D | B | A | A | C | A | Closed | FCRE5782 | 2026-03-13 16:40 | 2026-03-20 16:24 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Received Preclose
Monitoring Report with no new inquiries. - Due Diligence Vendor-03/20/2026
Ready for Review-UDM - Due Diligence Vendor-03/18/2026 Open-Borrower 1 Gap Credit Report is Missing - Due Diligence Vendor-03/13/2026 |
Resolved-Received Preclose
Monitoring Report with no new inquiries. - Due Diligence Vendor-03/20/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 680 Borrower has
806 Qualifying DTI below maximum allowed - Required is 50 Borrower has 21.64 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8106124 | |||
| XXXX | 3102894 | D | B | D | B | A | A | C | A | Closed | FCRE1510 | 2026-03-16 16:40 | 2026-03-20 16:21 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Deed of
Trust with Legal Description and all applicable riders. - Due Diligence
Vendor-03/20/2026 Ready for Review-Mortgage with legal - Due Diligence Vendor-03/18/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing copy of the Legal Description attached to the Mortgage. - Due Diligence Vendor-03/16/2026 |
Resolved-Received Deed of
Trust with Legal Description and all applicable riders. - Due Diligence
Vendor-03/20/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 680 Borrower has
806 Qualifying DTI below maximum allowed - Required is 50 Borrower has 21.64 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8137333 | |||
| XXXX | 3104196 | D | A | D | A | A | A | A | A | Closed | FCRE1325 | 2026-03-13 17:42 | 2026-06-08 12:11 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 CPA Letter Missing | Resolved-Received CPA
letter confirming ownership and supporting operating agreement for years
active. - Due Diligence
Vendor-06/08/2026 Ready for Review-Borrower ownership and business structure are documented as follows: • CPA letter confirms Borrower 1 holds 50% ownership in: - XXXX • Operating Agreement for XXXX establishes: - Borrower ownership (50%) - Parent company role managing both entities - Income distribution tied to the business locations generating revenue • Secretary of State / XXXX documentation in file confirms: - Active status of both entities - Satisfies length of self-employment requirement per underwriting review • Business activity and income generation further supported through: - Business narratives - Bank statement deposits - Self-employment verification completed in file Combined documentation supports: - Ownership percentage - Active business operations - Continuity of self-employment - Borrower’s connection to income sources Requesting CPA letter condition and ownership documentation conditions be cleared. - Due Diligence Vendor-06/04/2026 Counter-Received Letter from XXXX (the businesses are XX) however letter does not disclose how long they have been in operation and is he the sole owner. Finding remains - Due Diligence Vendor-05/18/2026 Ready for Review-see attached - Due Diligence Vendor-05/15/2026 Counter-Received Operating Agreement for XXXX. Missing operating agreement for XXXX and XXXX (income sources) confirming percentage of ownership and length of business. - Due Diligence Vendor-04/13/2026 Ready for Review-Please note, both businesses are covered under the same operating agreement - Due Diligence Vendor-04/10/2026 Counter-Received rebuttal asking for clarification on CPA letter request. Loan approval notes #416 received tax preparer letter. Review is unable to locate operating agreements and proof both are current. - Due Diligence Vendor-04/07/2026 Ready for Review-See attached and please revisit or clarify why a CPA Letter is being required. - Due Diligence Vendor-04/06/2026 Open-Borrower 1 CPA Letter Missing Missing from file - Due Diligence Vendor-03/13/2026 |
Resolved-Received CPA
letter confirming ownership and supporting operating agreement for years
active. - Due Diligence
Vendor-06/08/2026 |
Qualifying DTI below
maximum allowed - 28.95 below max allowed 50 Required is 50 Borrower has
28.95 Qualifying FICO score is at least 20 points above minimum for program - 745 exceeds min 700 Required is 700 Borrower has 745 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 8107598 | |||
| XXXX | 3104196 | D | A | D | A | A | A | A | A | Closed | FCRE1317 | 2026-03-13 17:42 | 2026-03-31 17:45 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Borrower 1 Total Years Employment Verified is Less Than 24 Months | Resolved-Received 24+
months self-employment verification for both employment sources. - Due
Diligence Vendor-03/31/2026 Ready for Review-VOE w/ SoS showing XXXX - Due Diligence Vendor-03/30/2026 Open-Borrower 1 Total Years Employment Verified is Less Than 24 Months Missing from file - Due Diligence Vendor-03/13/2026 |
Resolved-Received 24+
months self-employment verification for both employment sources. - Due
Diligence Vendor-03/31/2026 |
Qualifying DTI below
maximum allowed - 28.95 below max allowed 50 Required is 50 Borrower has
28.95 Qualifying FICO score is at least 20 points above minimum for program - 745 exceeds min 700 Required is 700 Borrower has 745 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 8107599 | |||
| XXXX | 3104196 | D | A | D | A | A | A | A | A | Closed | FCRE4678 | 2026-03-13 18:20 | 2026-03-31 17:41 | Resolved | 1 - Information | C | A | Credit | Eligibility | Payment shock exceeds guideline | Resolved-Received
documentation to support borrower is not a 1st time homebuyer. - Due
Diligence Vendor-03/31/2026 Ready for Review-borrower's are not first time homebuyer - payment shock does not apply. - Due Diligence Vendor-03/30/2026 Open-Payment shock does not meet guidelines. VOE reflects monthly rent is $1398. Per gl Max payment shock 300% for when using bank statements = XXXX > 300% VOR monthly rent amount. - Due Diligence Vendor-03/13/2026 |
Resolved-Received
documentation to support borrower is not a 1st time homebuyer. - Due
Diligence Vendor-03/31/2026 |
Qualifying DTI below
maximum allowed - 28.95 below max allowed 50 Required is 50 Borrower has
28.95 Qualifying FICO score is at least 20 points above minimum for program - 745 exceeds min 700 Required is 700 Borrower has 745 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 8107921 | |||
| XXXX | 3102942 | D | B | D | A | D | B | A | A | Closed | FCRE1480 | 2026-03-16 13:33 | 2026-04-02 13:06 | Resolved | 1 - Information | C | A | Credit | Assets | Asset 2 Does Not Meet Guideline Requirements | Resolved-Received business
asset analysis for asset 2. - Due
Diligence Vendor-04/02/2026 Ready for Review-UW Rebuttal - Due Diligence Vendor-04/01/2026 Counter-Received business bank statement analysis. Must provide CPA letter to confirm no negative impact for use of business funds or cash flow analysis with expense factor considered. - Due Diligence Vendor-03/22/2026 Ready for Review-Income Calc - Due Diligence Vendor-03/19/2026 Open-Asset Record 2 Does Not Meet G/L Requirements Guidelines require cashflow analysis or CPA letter to use business funds for closing costs/reserves. Last 2 statements would need to show more deposits than withdrawals. 11/25 is good. 12/25 had more withdrawals. Also 1/26 has much more withdrawn than deposited. No CPA letter - Due Diligence Vendor-03/16/2026 |
Resolved-Received business
asset analysis for asset 2. - Due
Diligence Vendor-04/02/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 660 Borrower has 719
Required is 660 Borrower has 719 LTV is less than guideline maximum - Required is 85 Borrower has 80 Required is 85 Borrower has 80 Qualifying DTI below maximum allowed - Required is 50 Borrower has 9.09 Required is 50 Borrower has 9.09 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 8132229 | |||
| XXXX | 3102942 | D | B | D | A | D | B | A | A | Closed | FCRE5782 | 2026-03-16 12:52 | 2026-03-22 15:24 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Received credit
refresh. - Due Diligence
Vendor-03/22/2026 Ready for Review-Gap Credit Report - Due Diligence Vendor-03/19/2026 Open-Borrower 1 Gap Credit Report is Missing - Due Diligence Vendor-03/17/2026 |
Resolved-Received credit
refresh. - Due Diligence
Vendor-03/22/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 660 Borrower has 719
Required is 660 Borrower has 719 LTV is less than guideline maximum - Required is 85 Borrower has 80 Required is 85 Borrower has 80 Qualifying DTI below maximum allowed - Required is 50 Borrower has 9.09 Required is 50 Borrower has 9.09 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 8131298 | |||
| XXXX | 3102942 | D | B | D | A | D | B | A | A | Closed | FCOM5135 | 2026-03-15 15:24 | 2026-03-20 12:18 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Resolved-Received ABA,
finding resolved. - Due Diligence Vendor-03/20/2026 Ready for Review-Affiliated Business Disclosure - Due Diligence Vendor-03/19/2026 Open-Required Affiliated Business Disclosure Missing -----Missing Affiliated Business disclosure, unable to test fee tolerance properly. Additional Findings may apply upon receipt. - Due Diligence Vendor-03/15/2026 |
Resolved-Received ABA,
finding resolved. - Due Diligence Vendor-03/20/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 660 Borrower has 719
Required is 660 Borrower has 719 LTV is less than guideline maximum - Required is 85 Borrower has 80 Required is 85 Borrower has 80 Qualifying DTI below maximum allowed - Required is 50 Borrower has 9.09 Required is 50 Borrower has 9.09 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 8116155 | |||
| XXXX | 3102942 | D | B | D | A | D | B | A | A | Closed | FCOM1301 | 2026-03-15 15:24 | 2026-03-15 17:47 | Waived | 2 - Non-Material | B | B | Compliance | Missing Doc | Home Loan Toolkit is Missing | Waived-The Home Loan Toolkit disclosure is missing. -----Originator waiver applied to non-material Findings. - Due Diligence Vendor-03/15/2026 | Waived-The Home Loan
Toolkit disclosure is missing. -----Originator waiver applied to non-material
Findings. - Due Diligence
Vendor-03/15/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 660 Borrower has 719
Required is 660 Borrower has 719 LTV is less than guideline maximum - Required is 85 Borrower has 80 Required is 85 Borrower has 80 Qualifying DTI below maximum allowed - Required is 50 Borrower has 9.09 Required is 50 Borrower has 9.09 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | No | 8116154 | ||||
| XXXX | 3103248 | 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 | |||||||||||||||||||
| XXXX | 3106239 | D | B | D | A | B | B | A | A | Closed | FCRE9500 | 2026-03-16 13:16 | 2026-05-26 13:25 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Letter of Explanation (Assets) | Resolved-Initial wire for
EMD was out of Brws business account on 02/13/2026 for $XX. Title refunded
the wire stating it had to be from a personal account. Refund of wire to
business account on 02/17/2026 in amount of $XX (less $35 wire fee) with
reference to return wire sent from wrong account. Originating bank listed as
XXXX, this correlates to being from title as XXXX is listed on wire receipt
documentation in file. The borrower then wired $XX from personal account for
the EM deposit and this is the amount that title confirmed receipt of. - Due
Diligence Vendor-05/26/2026 Counter-Received statement showing EMD for subject. Missing clarification on other escrow deposit of $XX on 2/13/26 from XXXX. Please confirm if additional REO purchased. (review considers REOs closed on or before closing of subject to be consider in qualifying) - Due Diligence Vendor-05/20/2026 Ready for Review-please see attached - Due Diligence Vendor-05/19/2026 Open-Provide explanation on why borrower's bank statement only shows a wire in the amount of $XX when the title company has a receipt for $XX. - Due Diligence Vendor-03/16/2026 |
Resolved-Initial wire for
EMD was out of Brws business account on XXXX for XXXX. Title refunded the
wire stating it had to be from a personal account. Refund of wire to business
account on XXXX in amount of XXXX (less
$35 wire fee) with reference to return wire sent from wrong account.
Originating bank listed as XXXX, this correlates to being from title as XXXX
is listed on wire receipt documentation in file. The borrower then wired XXXX
from personal account for the EM deposit and this is the amount that title
confirmed receipt of. - Due Diligence Vendor-05/26/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 620 Borrower has
725 LTV is less than guideline maximum - Required is 85 Borrower has 63.89 Qualifying DTI below maximum allowed - Required is 50 Borrower has 38.22 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 8131842 | |||
| XXXX | 3106239 | D | B | D | A | B | B | A | A | Closed | FCOM1302 | 2026-03-15 09:09 | 2026-03-15 15:06 | Waived | 2 - Non-Material | B | B | Compliance | Disclosure | Home Loan Toolkit Not Provided Within 3 Days of Application Date | Waived-The Home Loan Toolkit was not provided within 3 days of the Application Date (Number of Days Difference is '4'). -----Originator waiver applied to non-material Findings. - Due Diligence Vendor-03/15/2026 | Waived-The Home Loan
Toolkit was not provided within 3 days of the Application Date (Number of
Days Difference is '4'). -----Originator waiver applied to non-material
Findings. - Due Diligence Vendor-03/15/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 620 Borrower has
725 LTV is less than guideline maximum - Required is 85 Borrower has 63.89 Qualifying DTI below maximum allowed - Required is 50 Borrower has 38.22 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | No | 8115445 | ||||
| XXXX | 3104940 | C | A | C | A | A | A | A | A | Closed | FCRE1510 | 2026-03-23 17:08 | 2026-04-01 08:09 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Client provided
Ex A legal description. There are no issues present on the Mortgage Document
(Deed of Trust). - Due Diligence Vendor-04/01/2026 Ready for Review-please see attahed doc XXXX - Due Diligence Vendor-03/30/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing the legal description atrtached to the mortgage. - Due Diligence Vendor-03/23/2026 |
Resolved-Client provided Ex
A legal description. There are no issues present on the Mortgage Document
(Deed of Trust). - Due Diligence Vendor-04/01/2026 |
Months Reserves exceed
minimum required - Verified reserves equal 60.73 months, guidelines require 6
months. Long term residence - Long Term Residence = 27+ years |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 8274685 | |||
| XXXX | 3105741 | C | A | C | A | A | A | A | A | Closed | FCRE1440 | 2026-03-18 16:46 | 2026-04-01 09:12 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-After further
review for XXXX - Rent free letter is NOT required - Due Diligence
Vendor-04/01/2026 Counter-Per XXXX GL pg 23, Borrowers who have lived in a rent-free situation must obtain LOE or rent free letter to document 12 month history. - Due Diligence Vendor-04/01/2026 Ready for Review-03/31 vm: Rent Fre Letter is not required per XXXX Guidelines. this topic was escalated to XXXX previously. Please clear Suspense item. - Due Diligence Vendor-03/31/2026 Counter-Please provide a Rent Free Letter from the property owners or the person responsible for the lease. - Due Diligence Vendor-03/26/2026 Ready for Review-3/24 MM: Please see attached LOX - Due Diligence Vendor-03/24/2026 Open-Housing History Does Not Meet Guideline Requirements Rent free LOE from Borrowers parents required to document 12 month history. LOE provided was only signed by Brw not acceptable. - Due Diligence Vendor-03/18/2026 |
Resolved-After further
review for XXXX - Rent free letter is NOT required - Due Diligence
Vendor-04/01/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 39.02 LTV is less than guideline maximum - Required is 90 Borrower has 85 Qualifying FICO score is at least 20 points above minimum for program - Required is 640 Borrower has 753 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 8195819 | |||
| XXXX | 3105741 | C | A | C | A | A | A | A | A | Closed | FCRE1510 | 2026-03-18 14:03 | 2026-04-01 08:18 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Client provided
Ex A legal description. There are no issues present on the Mortgage Document
(Deed of Trust). - Due Diligence Vendor-04/01/2026 Ready for Review-please see attached doc XXXX - Due Diligence Vendor-03/30/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing Legal Description - Due Diligence Vendor-03/18/2026 |
Resolved-Client provided Ex
A legal description. There are no issues present on the Mortgage Document
(Deed of Trust). - Due Diligence Vendor-04/01/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 39.02 LTV is less than guideline maximum - Required is 90 Borrower has 85 Qualifying FICO score is at least 20 points above minimum for program - Required is 640 Borrower has 753 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 8190467 | |||
| XXXX | 3104589 | C | A | C | A | A | A | A | A | Closed | FCRE1206 | 2026-03-18 13:33 | 2026-05-07 11:27 | Resolved | 1 - Information | C | A | Credit | Eligibility | All Interested Parties Not Checked with Exclusionary Lists | Resolved-Received All
Interested Parties Checked against Exclusionary Lists - Due Diligence
Vendor-05/07/2026 Ready for Review-5/6 AMB: See attached. - Due Diligence Vendor-05/06/2026 Counter-Finding remains. Still missing LDP/EPLS/OFAC for XXXX as noted in previous finding - Due Diligence Vendor-05/04/2026 Ready for Review-5/1 AMB: See attached. - Due Diligence Vendor-05/01/2026 Counter-Upon review of the Fraud Report, please run LDP/EPLS and OFAC on the following: XXXX. We must document all interested parties to the transaction - Due Diligence Vendor-04/30/2026 Ready for Review-4/29 AMB: Please see attached. - Due Diligence Vendor-04/29/2026 Counter-The borrower LLC was not included. - Due Diligence Vendor-04/15/2026 Ready for Review-04/14 XXXX Can you please specify which parties were omitted. - Due Diligence Vendor-04/14/2026 Counter-Please refer to Interested Parties section of Originator guidelines: All parties involved on each transaction must be screened through an exclusionary list used by the originator. The lender must apply its exclusionary list policy to the origination of any loans. - Due Diligence Vendor-04/13/2026 Ready for Review-04/10 vm/XXXXC Can you please cite the sections in the XXXX guides that require all interested parties need to be included in the Fraud Report search. The Seller has provided alternative documentation that should be acceptable. - Due Diligence Vendor-04/10/2026 Counter-OFAC provided, please provide documentation to support all searches for the LLC as required by the guidelines. - Due Diligence Vendor-04/09/2026 Ready for Review-4/7 AMB: Please see that the borrower's LLC does not return any results for the OFAC Sanctions search. - Due Diligence Vendor-04/07/2026 Counter-Received rebuttal. Per guidelines, all interested parties must be screened. Vested entity to be included in search. - Due Diligence Vendor-03/26/2026 Ready for Review-3/24 AMB: Please note that the borrower is the sole owner of the LLC, and the borrower's individual name would still flag the exclusionary list if the LLC was on the list because the borrower is the owner of the LLC. The LLC name is not required to be run, as the borrower would be listed as the exclusionary party either way. - Due Diligence Vendor-03/24/2026 Open-All Interested Parties Not Checked with Exclusionary Lists Borrower's LLC was not included in Fraud Report search. - Due Diligence Vendor-03/18/2026 |
Resolved-Received All
Interested Parties Checked against Exclusionary Lists - Due Diligence
Vendor-05/07/2026 |
LTV is less than guideline
maximum - Required is 80 Borrower has
70 Qualifying FICO score is at least 20 points above minimum for program - Required is 640 Borrower has 818 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 8189231 | |||
| XXXX | 3104589 | C | A | C | A | A | A | A | A | Closed | FCRE1254 | 2026-03-18 13:13 | 2026-03-26 17:57 | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-final title
policy states that the fence and driveway are exceptions to the title
insurance coverage, but the fence and driveway are not a part of the subject
property and would not require the necessary coverage, nor does the policy
indicate that any part of the dwelling itself is an exception to the
coverage. Lastly, the appraiser commented that there were no adverse
easements or encroachments, indicating that the fence and driveway indicated
on title would have no affect to marketability, therefore, meeting the XXXX
guideline. - Due Diligence Vendor-03/26/2026 Ready for Review-3/24 AMB: Please note that XXXX states that minor title impediments must not materially affect the marketability of the property, the guidelines do not require additional documentation to confirm the impediment. Additionally, the final title policy states that the fence and driveway are exceptions to the title insurance coverage, but the fence and driveway are not a part of the subject property and would not require the necessary coverage, nor does the policy indicate that any part of the dwelling itself is an exception to the coverage. Lastly, the appraiser commented that there were no adverse easements or encroachments, indicating that the fence and driveway indicated on title would have no affect to marketability, therefore, meeting the XXXX guideline. - Due Diligence Vendor-03/24/2026 Open-Property Title Issue Schedule B, Part I #1 indicates Concrete Wall & Driveway Encroachment. - Due Diligence Vendor-03/18/2026 |
Resolved-final title policy
states that the fence and driveway are exceptions to the title insurance
coverage, but the fence and driveway are not a part of the subject property
and would not require the necessary coverage, nor does the policy indicate that
any part of the dwelling itself is an exception to the coverage. Lastly, the
appraiser commented that there were no adverse easements or encroachments,
indicating that the fence and driveway indicated on title would have no
affect to marketability, therefore, meeting the XXXX guideline. - Due
Diligence Vendor-03/26/2026 |
LTV is less than guideline
maximum - Required is 80 Borrower has
70 Qualifying FICO score is at least 20 points above minimum for program - Required is 640 Borrower has 818 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 8188555 | ||||
| XXXX | 3106311 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | |||||||||||||||||||
| XXXX | 3099312 | C | A | C | A | A | A | C | A | Closed | FCRE1510 | 2026-03-26 09:17 | 2026-04-16 17:11 | 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-04/16/2026 Ready for Review-4/15 SW- see attached - Due Diligence Vendor-04/15/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. -----Missing Ex A; Legal - Due Diligence Vendor-03/26/2026 |
Resolved-Received complete
security instrument inclusive of legal description. - Due Diligence
Vendor-04/16/2026 |
LTV is less than guideline
maximum - Required is 70 Borrower has 35.09 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 727 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8333195 | |||
| XXXX | 3099312 | C | A | C | A | A | A | C | A | Closed | FVAL1563 | 2026-03-26 17:03 | 2026-04-15 17:28 | Resolved | 1 - Information | C | A | Property | Appraisal | Unsupported adjustments or comps | Resolved-Received
Appraisal with adjustments addressed. - Due Diligence Vendor-04/15/2026 Ready for Review-4/14 kg: The appraiser provided detailed commentary on pg. 13 of the apraisal addressing the adjustments greater than 25%. - Due Diligence Vendor-04/14/2026 Counter-Received XXXX guidelines. Please note, for securitization, appraiser to address gross adjustments >25% confirming they are within normal ranges and common for the area. - Due Diligence Vendor-04/09/2026 Ready for Review-4/8 kg: XXXX does not have specific limitations or guidelines associated with net or gross adjustments. The number and/or amount of the dollar adjustments must not be the sole determinant in the acceptability of a comparable. The expectation is for the appraiser to analyze the market for competitive properties and provide appropriate market based adjustments without regard to arbitrary limits on the size of the adjustment. - Due Diligence Vendor-04/08/2026 Open-All comps gross adjustment greater than 25%. Comp 1, 50.8%, Comp 2, 94.7%, Comp 5, 66.9% and Comp 6, 91.2% - Due Diligence Vendor-03/26/2026 |
Resolved-Received Appraisal
with adjustments addressed. - Due Diligence Vendor-04/15/2026 |
LTV is less than guideline
maximum - Required is 70 Borrower has 35.09 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 727 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8347232 | |||
| XXXX | 3104928 | D | B | D | A | D | B | A | A | Closed | finding-641 | 2026-03-26 13:23 | 2026-09-25 16:49 | Resolved | 1 - Information | A | A | Compliance | Points & Fees | NC SB 1149 High Cost Home Loan DTI Presumption Test | Resolved-Upon further
review, the document(s) are located in original file, nothing further
required. - Due Diligence Vendor-04/10/2026 Open-This loan failed the high-cost home loan DTI presumption test due to one of the following findings: (NC SB 1149 [G.S. § 24-1.1E(c)(2)])The debt-to-income of the borrower ratio exceeds 50%.The debt-to-income ratio of the borrower was not provided.The DTI ratio is one of several factors that should be considered when making any high cost home loan.PLEASE NOTE: This result is not a determination that the lender reasonably believes at the time the loan is made that the borrower will be able to make the scheduled payments associated with the high cost home loan.See High Cost Home Loan Legislative Summary Alert (below) for full repayment ability requirements. - Due Diligence Vendor-03/26/2026 Ready for Review-XXXX 4/8: Please see the attached Par Rate, The price of the undiscounted rate is $0.00, there is no charge for undiscounted (also known as PAR) rate. - Due Diligence Vendor-04/09/2026 |
Resolved-Upon further
review, the document(s) are located in original file, nothing further
required. - Due Diligence Vendor-04/10/2026 |
Months Reserves exceed
minimum required - 12 mths reserves; 3 mths required. Qualifying FICO score is at least 20 points above minimum for program - Required is 640 Borrower has 706 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8339785 | ||||
| XXXX | 3104928 | D | B | D | A | D | B | A | A | Closed | FCOM2630 | 2026-03-26 12:56 | 2026-05-05 17:24 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Attorney Preference Letter | Resolved-Per compliance
report, loan now passes high cost testing, Attorney Preference letter not
required, resolved. - Due Diligence Vendor-05/05/2026 Counter-If attorney fees are included as part of the total points and fees to determine if a loan is "high-cost," they are simply being calculated to meet regulatory thresholds. This calculation requirement does not remove the consumer protection requirement of the attorney preference letter.. Please provide attorney preference notification. - Due Diligence Vendor-04/10/2026 Ready for Review-XXXX 4/9: Right to choose attorney disclosure is not required. When not provided to borrower, the attorney fees must be included in high cost testing. We already include all attorney fees charged in our high cost testing. Please clarify so we can further assist - Due Diligence Vendor-04/10/2026 Open-Right To Choose Attorney or Attorney Preference Not In File Missing proof borrower received choice of attorney disclosure agreement - Due Diligence Vendor-03/26/2026 |
Resolved-Per compliance
report, loan now passes high cost testing, Attorney Preference letter not
required, resolved. - Due Diligence Vendor-05/05/2026 |
Months Reserves exceed
minimum required - 12 mths reserves; 3 mths required. Qualifying FICO score is at least 20 points above minimum for program - Required is 640 Borrower has 706 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8338942 | ||||
| XXXX | 3104928 | D | B | D | A | D | B | A | A | Closed | finding-2822 | 2026-03-26 13:23 | 2026-04-10 11:36 | Resolved | 1 - Information | A | A | Compliance | Points & Fees | GSE (Freddie Mac public guidelines) HOEPA Points and Fees Test | Resolved-Upon further
review, the document(s) are located in original file, nothing further
required. - Due Diligence
Vendor-04/10/2026 Ready for Review-XXXX 4/8: Please see the attached Par Rate, The price of the undiscounted rate is $0.00, there is no charge for undiscounted (also known as PAR) rate. - Due Diligence Vendor-04/09/2026 Open-This loan failed the GSE HOEPA points and fees test. (Freddie Mac Industry Letter 02/12/2009) (Freddie Mac Bulletin 2013-16)The points and fees as calculated under the applicable GSE HOEPA guidelines exceed the GSE HOEPA points and fees threshold.For primary residences, purchase transaction mortgages and refinance mortgages that exceed the thresholds under the Home Ownership and Equity Protection Act of 1994 (HOEPA) and its implementing regulations are ineligible for purchase by Freddie Mac. - Due Diligence Vendor-03/26/2026 |
Resolved-Upon further
review, the document(s) are located in original file, nothing further
required. - Due Diligence
Vendor-04/10/2026 |
Months Reserves exceed
minimum required - 12 mths reserves; 3 mths required. Qualifying FICO score is at least 20 points above minimum for program - Required is 640 Borrower has 706 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8339788 | ||||
| XXXX | 3104928 | D | B | D | A | D | B | A | A | Closed | finding-2819 | 2026-03-26 13:23 | 2026-04-10 11:36 | Resolved | 1 - Information | A | A | Compliance | Points & Fees | GSE (Freddie Mac public guidelines) Predatory Lending Guidance | Resolved-Upon further
review, the document(s) are located in original file, nothing further
required. - Due Diligence
Vendor-04/10/2026 Ready for Review-XXXX 4/8: Please see the attached Par Rate, The price of the undiscounted rate is $0.00, there is no charge for undiscounted (also known as PAR) rate. - Due Diligence Vendor-04/09/2026 Open-This loan failed the predatory lending guidance test due to one or more of the following findings:The loan failed the points and fees test.The loan exceeds the HOEPA APR threshold for primary residences.The loan exceeds the HOEPA points and fees threshold for primary residences. - Due Diligence Vendor-03/26/2026 |
Resolved-Upon further
review, the document(s) are located in original file, nothing further
required. - Due Diligence
Vendor-04/10/2026 |
Months Reserves exceed
minimum required - 12 mths reserves; 3 mths required. Qualifying FICO score is at least 20 points above minimum for program - Required is 640 Borrower has 706 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8339789 | ||||
| XXXX | 3104928 | D | B | D | A | D | B | A | A | Closed | finding-4038 | 2026-03-26 13:23 | 2026-04-10 11:36 | Resolved | 1 - Information | A | A | Compliance | ComplianceEase | Qualified Mortgage Lending Policy Points and Fees Test | Resolved-Upon further
review, the document(s) are located in original file, nothing further
required. - Due Diligence
Vendor-04/10/2026 Ready for Review-XXXX 4/8: Please see the attached Par Rate, The price of the undiscounted rate is $0.00, there is no charge for undiscounted (also known as PAR) rate. - Due Diligence Vendor-04/09/2026 Open-This loan has points and fees that exceed the points and fees threshold. (12 CFR 1026.43(e)(3))The loan amount is $XX or more, and the transaction's total points and fees is $XX, which exceeds 3 percent of the total loan amount of XXXX; orThe loan amount is less than $XX but at least $XX, and the transaction's total points and fees is $XX, which exceeds $XX; orThe loan amount is less than $XX but at least $XX, and the transaction's total points and fees is $XX, which exceeds 5 percent of the total loan amount of XXXX; orThe loan amount is less than $XX but at least $XX, and the transaction's total points and fees is $XX, which exceeds $XX; orThe loan amount is less than $XX and the transaction's total points and fees is $XX, which exceeds 8 percent of the total loan amount of XXXX. - Due Diligence Vendor-03/26/2026 |
Resolved-Upon further
review, the document(s) are located in original file, nothing further
required. - Due Diligence
Vendor-04/10/2026 |
Months Reserves exceed
minimum required - 12 mths reserves; 3 mths required. Qualifying FICO score is at least 20 points above minimum for program - Required is 640 Borrower has 706 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8339790 | |||
| XXXX | 3104928 | D | B | D | A | D | B | A | A | Closed | finding-2813 | 2026-03-26 13:23 | 2026-04-10 11:36 | Resolved | 1 - Information | A | A | Compliance | Points & Fees | GSE (Fannie Mae public guidelines) HOEPA Points and Fees Test | Resolved-Upon further
review, the document(s) are located in original file, nothing further
required. - Due Diligence
Vendor-04/10/2026 Ready for Review-XXXX 4/8: Please see the attached Par Rate, The price of the undiscounted rate is $0.00, there is no charge for undiscounted (also known as PAR) rate. - Due Diligence Vendor-04/09/2026 Open-This loan failed the GSE HOEPA points and fees test. (Fannie Mae Lender Letter Ann. 06-04) (Fannie Mae Lender Letter 2014-04)The points and fees as calculated under the applicable GSE HOEPA guidelines exceed the GSE HOEPA points and fees threshold.A mortgage loan secured by a borrower's principal residence that has either an annual percentage rate or total points and fees payable by the borrower that exceeds the applicable thresholds under HOEPA is not eligible for purchase by Fannie Mae. - Due Diligence Vendor-03/26/2026 |
Resolved-Upon further
review, the document(s) are located in original file, nothing further
required. - Due Diligence
Vendor-04/10/2026 |
Months Reserves exceed
minimum required - 12 mths reserves; 3 mths required. Qualifying FICO score is at least 20 points above minimum for program - Required is 640 Borrower has 706 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8339791 | ||||
| XXXX | 3104928 | D | B | D | A | D | B | A | A | Closed | finding-2810 | 2026-03-26 13:23 | 2026-04-10 11:36 | Resolved | 1 - Information | A | A | Compliance | Points & Fees | GSE (Fannie Mae public guidelines) Predatory Lending Guidance | Resolved-Upon further
review, the document(s) are located in original file, nothing further
required. - Due Diligence
Vendor-04/10/2026 Ready for Review-XXXX 4/8: Please see the attached Par Rate, The price of the undiscounted rate is $0.00, there is no charge for undiscounted (also known as PAR) rate. - Due Diligence Vendor-04/09/2026 Open-This loan failed the predatory lending guidance test due to one or more of the following findings:The loan failed the allowable points and fees test.The loan exceeds the HOEPA APR threshold for primary residences.The loan exceeds the HOEPA points and fees threshold for primary residences. - Due Diligence Vendor-03/26/2026 |
Resolved-Upon further
review, the document(s) are located in original file, nothing further
required. - Due Diligence
Vendor-04/10/2026 |
Months Reserves exceed
minimum required - 12 mths reserves; 3 mths required. Qualifying FICO score is at least 20 points above minimum for program - Required is 640 Borrower has 706 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8339792 | ||||
| XXXX | 3104928 | D | B | D | A | D | B | A | A | Closed | finding-3441 | 2026-03-26 13:23 | 2026-04-10 11:36 | Resolved | 1 - Information | A | A | Compliance | Points & Fees | GSE (Freddie Mac public guidelines) QM Points and Fees Test | Resolved-Upon further
review, the document(s) are located in original file, nothing further
required. - Due Diligence
Vendor-04/10/2026 Ready for Review-XXXX 4/8: Please see the attached Par Rate, The price of the undiscounted rate is $0.00, there is no charge for undiscounted (also known as PAR) rate. - Due Diligence Vendor-04/09/2026 Open-This loan failed the QM points and fees test. ( Freddie Mac Bulletin 2013-16 )The loan is subject to the ability to repay requirements under Regulation Z, and the points and fees exceed 3% of the total loan amount.Mortgages subject to the ability to repay requirements under Regulation Z with points and fees exceeding 3% of the total loan amount will not be eligible for sale to Freddie Mac. - Due Diligence Vendor-03/26/2026 |
Resolved-Upon further
review, the document(s) are located in original file, nothing further
required. - Due Diligence
Vendor-04/10/2026 |
Months Reserves exceed
minimum required - 12 mths reserves; 3 mths required. Qualifying FICO score is at least 20 points above minimum for program - Required is 640 Borrower has 706 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8339793 | ||||
| XXXX | 3104928 | D | B | D | A | D | B | A | A | Closed | finding-3436 | 2026-03-26 13:23 | 2026-04-10 11:36 | Resolved | 1 - Information | A | A | Compliance | Points & Fees | GSE (Fannie Mae public guidelines) QM Points and Fees Test | Resolved-Upon further
review, the document(s) are located in original file, nothing further
required. - Due Diligence
Vendor-04/10/2026 Ready for Review-XXXX 4/8: Please see the attached Par Rate, The price of the undiscounted rate is $0.00, there is no charge for undiscounted (also known as PAR) rate. - Due Diligence Vendor-04/09/2026 Open-This loan failed the QM points and fees test. ( XXXX Announcement 2013-06 )The loan is subject to the ability to repay requirements under Regulation Z, and the points and fees exceed 3% of the total loan amount.Mortgages subject to the ability to repay requirements under Regulation Z with points and fees exceeding 3% of the total loan amount will not be eligible for sale to XXXX. - Due Diligence Vendor-03/26/2026 |
Resolved-Upon further
review, the document(s) are located in original file, nothing further
required. - Due Diligence
Vendor-04/10/2026 |
Months Reserves exceed
minimum required - 12 mths reserves; 3 mths required. Qualifying FICO score is at least 20 points above minimum for program - Required is 640 Borrower has 706 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8339794 | ||||
| XXXX | 3104928 | D | B | D | A | D | B | A | A | Closed | finding-3406 | 2026-03-26 13:23 | 2026-04-07 11:58 | Resolved | 1 - Information | C | A | Compliance | Disclosure | High-Cost Mortgage Pre-Loan Counseling Date Test | Resolved-Received
notification of Undiscounted rate. Finding Resolved. - Due Diligence
Vendor-04/07/2026 Ready for Review-LI 4/3 See attached Lock Action with highlighted undiscounted rate, bonafide discount (if applicable) and calculation portion. Par rate(also known as undiscounted rate) is within 2% higher than APOR which allows for 1% bonafide discount to be applied. The Undiscounted Interest Rate Price is $0. - Due Diligence Vendor-04/03/2026 Open-This loan failed the high-cost mortgage pre-loan counseling date test due to one of the following findings: (12 CFR §1026.34(a)(5)(i), (ii))The loan is a 2010 RESPA loan and the High-Cost Mortgage Pre-Loan Counseling Date indicates the creditor did not receive written certification that the consumer has obtained counseling on the advisability of the mortgage after the consumer received either the good faith estimate or the disclosures required by 12 CFR §1026.40; orThe loan is a 2015 TRID loan and the High-Cost Mortgage Pre-Loan Counseling Date indicates the creditor did not receive written certification that the consumer has obtained counseling on the advisability of the mortgage after the consumer received either the initial loan estimate or the disclosures required by 12 CFR §1026.40; orThe loan is a chattel loan and the High-Cost Mortgage Pre-Loan Counseling Date indicates the creditor did not receive written certification that the consumer has obtained counseling on the advisability of the mortgage after the consumer received the disclosures required by 12 CFR §1026.32; orThe High-Cost Mortgage Pre-Loan Counseling Date was not provided; orThe High-Cost Mortgage Pre-Loan Counseling Date is on or after the closing date or estimated closing date.Certification of counseling required. A creditor shall not extend a high-cost mortgage to a consumer unless the creditor receives written certification that the consumer has obtained counseling on the advisability of the mortgage from a counselor that is approved to provide such counseling by the Secretary of the U.S. Department of Housing and Urban Development or, if permitted by the Secretary, by a State housing finance authority.(ii) Timing of counseling. The counseling required under this paragraph (a)(5) must occur after:(A) The consumer receives either the disclosure required by section 5(c) of the Real Estate Settlement Procedures Act of 1974 (12 U.S.C. 2604(c)) or the disclosures required by §1026.40; or(B) The consumer receives the disclosures required by §1026.32(c), for transactions in which neither of the disclosures listed in (A) are provided. ------ Borrower did not receive High-Cost Mortgage Disclosure docs - Due Diligence Vendor-03/26/2026 |
Resolved-Received
notification of Undiscounted rate. Finding Resolved. - Due Diligence
Vendor-04/07/2026 |
Months Reserves exceed
minimum required - 12 mths reserves; 3 mths required. Qualifying FICO score is at least 20 points above minimum for program - Required is 640 Borrower has 706 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8339786 | |||
| XXXX | 3104928 | D | B | D | A | D | B | A | A | Closed | finding-638 | 2026-03-26 13:23 | 2026-04-07 11:58 | Resolved | 1 - Information | C | A | Compliance | Points & Fees | XX SB 1149 High Cost Home Loan Points and Fees Test | Resolved-Received
notification of Undiscounted rate. Finding Resolved. - Due Diligence
Vendor-04/07/2026 Ready for Review-LI 4/3 See attached Lock Action with highlighted undiscounted rate, bonafide discount (if applicable) and calculation portion. Par rate(also known as undiscounted rate) is within 2% higher than APOR which allows for 1% bonafide discount to be applied. The Undiscounted Interest Rate Price is $0. - Due Diligence Vendor-04/03/2026 Open-This loan failed the high-cost home loan points and fees test due to one of the following findings: ( XX SB 1149 [G.S. § 24-1.1E(a)(6)] ) ( XX HB 1182 amendments to XX SB 1149 [G.S. § 24-1.1E(a)(6)] ) ( XX HB 1817 [G.S. §24-1.1E(a)(5)) (XX HB 1817 [G.S. §24-1.1E(a)(5), as amended January 1, 2008] ) ( XX Declaratory Ruling, Nov. 2008 ) ( XX HB 692 [G.S. §24-1.1E(a)(5-6), as amended October 2013] )The loan is a closed-end loan, was made before September 1, 2010 or on or after October 1, 2013, total loan amount is $20,000 or more, and the total points and fees exceed 5% of the total loan amount; orThe loan is a closed-end loan, was made on or after September 1, 2010, total loan amount is $20,000 or more, and the total points and fees exceed 4% of the total loan amount; orThe loan is a closed-end loan, total loan amount is less than $20,000, and the total points and fees exceed the lesser of 8% of the total loan amount or $1,000; orThe loan is an open-end loan, was made before September 1, 2010 or on or after 10/1/2013, the maximum line of credit is at least $20,000, and the total points and fees exceed 5% of the maximum line of credit; orThe loan is an open-end loan, loan was made on or after September 1, 2010 and before October 1, 2013, the maximum line of credit is at least $20,000, and the total points and fees exceed 4% of the maximum line of credit; orThe loan is an open-end loan, the maximum line of credit is less than $20,000, and the total points and fees exceed 5% of the maximum line of credit.This calculation takes into account direction regarding seller-paid points and fees provided by the November 5th, 2008 XXXX Declaratory Ruling. ----- Tolerance violation exceeds allowable by $XX, and due to Federal or Section 32 High-Cost, the overage is not curable - Due Diligence Vendor-03/26/2026 |
Resolved-Received
notification of Undiscounted rate. Finding Resolved. - Due Diligence
Vendor-04/07/2026 |
Months Reserves exceed
minimum required - 12 mths reserves; 3 mths required. Qualifying FICO score is at least 20 points above minimum for program - Required is 640 Borrower has 706 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8339787 | |||
| XXXX | 3104928 | D | B | D | A | D | B | A | A | Closed | finding-3393 | 2026-03-26 13:23 | 2026-04-07 11:58 | Resolved | 1 - Information | C | A | Compliance | Points & Fees | High-Cost Mortgage Points and Fees Threshold Test | Resolved-Received
notification of Undiscounted rate. Finding Resolved. - Due Diligence
Vendor-04/07/2026 Ready for Review-LI 4/3 See attached Lock Action with highlighted undiscounted rate, bonafide discount (if applicable) and calculation portion. Par rate(also known as undiscounted rate) is within 2% higher than APOR which allows for 1% bonafide discount to be applied. The Undiscounted Interest Rate Price is $0. - Due Diligence Vendor-04/03/2026 Open-This loan failed the high-cost mortgage points and fees threshold test due to one of the following findings: ( 12 CFR §1026.32(a)(1)(ii)(A), (B) )The loan amount is $XX or more, and the transaction's total points and fees is $XX, which exceeds 5 percent of the total loan amount of XXXX; orThe loan amount is less than $XX and the transaction's total points and fees is $XX, which exceeds the lesser of 8 percent of the total loan amount of XXXX or $XX. ----- Tolerance violation exceeds allowable by $XX, and due to Federal or Section 32 High-Cost, the overage is not curable - Due Diligence Vendor-03/26/2026 |
Resolved-Received
notification of Undiscounted rate. Finding Resolved. - Due Diligence
Vendor-04/07/2026 |
Months Reserves exceed
minimum required - 12 mths reserves; 3 mths required. Qualifying FICO score is at least 20 points above minimum for program - Required is 640 Borrower has 706 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8339795 | |||
| XXXX | 3104928 | D | B | D | A | D | B | A | A | Closed | finding-3399 | 2026-03-26 13:23 | 2026-04-07 11:58 | Resolved | 1 - Information | C | A | Compliance | Disclosure | High-Cost Mortgage Timing of Disclosure Test | Resolved-Received
notification of Undiscounted rate. Finding Resolved. - Due Diligence
Vendor-04/07/2026 Ready for Review-LI 4/3 See attached Lock Action with highlighted undiscounted rate, bonafide discount (if applicable) and calculation portion. Par rate(also known as undiscounted rate) is within 2% higher than APOR which allows for 1% bonafide discount to be applied. The Undiscounted Interest Rate Price is $0. - Due Diligence Vendor-04/03/2026 Open-This loan failed the high-cost mortgage timing of disclosure test due to one of the following findings: ( 12 CFR §1026.31(c) )The High-Cost Mortgage Disclosure Date indicates the creditor did not furnish the disclosure required by 12 CFR §1026.32 at least three business days prior to the consummation or account opening of a high-cost mortgage; orThe High-Cost Mortgage Disclosure Date was not provided; orNeither the consummation date nor the closing date was provided. ----- High-Cost Mortgage Disclosure is not agreed upon by borrower within 3 days prior to closing. - Due Diligence Vendor-03/26/2026 |
Resolved-Received
notification of Undiscounted rate. Finding Resolved. - Due Diligence
Vendor-04/07/2026 |
Months Reserves exceed
minimum required - 12 mths reserves; 3 mths required. Qualifying FICO score is at least 20 points above minimum for program - Required is 640 Borrower has 706 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8339796 | |||
| XXXX | 3104928 | D | B | D | A | D | B | A | A | Closed | FCOM1290 | 2026-03-26 13:45 | 2026-04-07 11:53 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Undiscounted Rate is Missing | Resolved-Undiscounted Rate
is Present -This is the interest rate available to the borrower based on the
borrower's particular credit profile and loan characteristics, before any
discount points are applied. Unable to test QM points and fees properly. - Due
Diligence Vendor-04/07/2026 Ready for Review-LI 4/3 See attached Lock Action with highlighted undiscounted rate, bonafide discount (if applicable) and calculation portion. Par rate(also known as undiscounted rate) is within 2% higher than APOR which allows for 1% bonafide discount to be applied. The Undiscounted Interest Rate Price is $0. - Due Diligence Vendor-04/03/2026 Open-Undiscounted Rate is Missing -This is the interest rate available to the borrower based on the borrower's particular credit profile and loan characteristics, before any discount points are applied. Unable to test QM points and fees properly. - Due Diligence Vendor-03/26/2026 |
Resolved-Undiscounted Rate
is Present -This is the interest rate available to the borrower based on the
borrower's particular credit profile and loan characteristics, before any
discount points are applied. Unable to test QM points and fees properly. - Due
Diligence Vendor-04/07/2026 |
Months Reserves exceed
minimum required - 12 mths reserves; 3 mths required. Qualifying FICO score is at least 20 points above minimum for program - Required is 640 Borrower has 706 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8340563 | |||
| XXXX | 3104928 | D | B | D | A | D | B | A | A | Closed | FCRE1510 | 2026-03-27 11:40 | 2026-04-03 13:07 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-There are no
issues present on the Mortgage Document (Deed of Trust). - Due Diligence
Vendor-04/03/2026 Ready for Review-4/2 SW- see attached - Due Diligence Vendor-04/02/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing Legal Description - Due Diligence Vendor-03/27/2026 |
Resolved-There are no
issues present on the Mortgage Document (Deed of Trust). - Due Diligence
Vendor-04/03/2026 |
Months Reserves exceed
minimum required - 12 mths reserves; 3 mths required. Qualifying FICO score is at least 20 points above minimum for program - Required is 640 Borrower has 706 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8361142 | |||
| XXXX | 3104928 | D | B | D | A | D | B | A | A | Closed | FCRE5782 | 2026-03-27 12:28 | 2026-04-03 13:06 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Borrower 1 Gap
Credit Report is not missing. - Due Diligence Vendor-04/03/2026 Ready for Review-4/1 MM: Please see attached credit report. XXXX does not provide gap credit reports to investors. - Due Diligence Vendor-04/02/2026 Open-Borrower 1 Gap Credit Report is Missing Missing Gap Report - Due Diligence Vendor-03/27/2026 |
Resolved-Borrower 1 Gap
Credit Report is not missing. - Due Diligence Vendor-04/03/2026 |
Months Reserves exceed
minimum required - 12 mths reserves; 3 mths required. Qualifying FICO score is at least 20 points above minimum for program - Required is 640 Borrower has 706 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8361799 | |||
| XXXX | 3104928 | D | B | D | A | D | B | A | A | Closed | FCOM5135 | 2026-03-26 12:56 | 2026-03-26 12:56 | Waived | 2 - Non-Material | B | B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated
Business Disclosure Missing Originator waiver applied to non-material
Findings. - Due Diligence Vendor-03/26/2026 |
Waived-Required Affiliated
Business Disclosure Missing Originator waiver applied to non-material
Findings. - Due Diligence Vendor-03/26/2026 |
Months Reserves exceed
minimum required - 12 mths reserves; 3 mths required. Qualifying FICO score is at least 20 points above minimum for program - Required is 640 Borrower has 706 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | Originator Post-Close | No | 8338944 | ||||
| XXXX | 3107103 | C | A | C | A | A | A | A | A | Closed | FCRE1148 | 2026-04-09 15:29 | 2026-05-28 13:12 | Resolved | 1 - Information | C | A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received updated
Title, Coverage Amount of XXXX is
sufficient based on the type of subject lien - Due Diligence
Vendor-05/28/2026 Ready for Review-526 RF please see attached title policy with correct loan amount of XXXX, please clear thank you, - Due Diligence Vendor-05/26/2026 Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien - Due Diligence Vendor-04/09/2026 |
Resolved-Received updated
Title, Coverage Amount of XXXX is
sufficient based on the type of subject lien - Due Diligence
Vendor-05/28/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 700 Borrower has 790
Required is 700 Borrower has 790 Months Reserves exceed minimum required - Min, 3, Borrower has 80.13 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8582313 | |||
| XXXX | 3107103 | C | A | C | A | A | A | A | A | Closed | FCRE0196 | 2026-04-09 16:12 | 2026-04-16 14:51 | Resolved | 1 - Information | C | A | Credit | Eligibility | Payoff(s) on the CD/HUD are not reported on Title Report | Resolved-Received CD which
reflects XXXX being paid off in the amount of XXXX per title - Due Diligence
Vendor-04/16/2026 Ready for Review-04/15/26 - XX: This is a blanket mortgage that covers the subject as well as XXXX. Please see the attached closing disclosures confirming second lien #9B has been paid off. - Due Diligence Vendor-04/15/2026 Open-Payoff(s) on the CD/HUD are not reported on Title Report. Schedule C #9B shows second mortgage lien, that is not reflecting on Final CD. Additional findings may apply. - Due Diligence Vendor-04/09/2026 |
Resolved-Received CD which
reflects XXXX being paid off in the amount of XXXX per title - Due Diligence
Vendor-04/16/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 700 Borrower has 790
Required is 700 Borrower has 790 Months Reserves exceed minimum required - Min, 3, Borrower has 80.13 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8583465 | |||
| XXXX | 3107670 | D | A | D | A | A | A | A | A | Closed | FCOM1352 | 2026-04-13 07:40 | 2026-05-01 12:58 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Received fully
executed BP Affidavit - Due Diligence Vendor-05/01/2026 Ready for Review-Business Purpose Affidavit - Due Diligence Vendor-04/30/2026 Counter-File contains occupancy cert. Missing Business Purpose Affidavit - Due Diligence Vendor-04/20/2026 Ready for Review-Are you referring to the Business Purpose & Occupancy Affidavit below or is it for a different closure ? - Due Diligence Vendor-04/17/2026 Open-The Business Purpose Affidavit Disclosure is Missing Missing business purpose affidavit. - Due Diligence Vendor-04/13/2026 |
Resolved-Received fully
executed BP Affidavit - Due Diligence Vendor-05/01/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 660 Borrower has
747 DSCR % greater than 1.20 - Required is 0.8 Borrower has 2.478 LTV is less than guideline maximum - Required is 80 Borrower has 50.51 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 8619109 | |||
| XXXX | 3107670 | D | A | D | A | A | A | A | A | Closed | FCRE1498 | 2026-04-13 07:58 | 2026-04-14 14:52 | Resolved | 1 - Information | C | A | Credit | Eligibility | Borrower Rental Experience Insufficient per Guidelines (DSCR) | Resolved-Upon further
review, subject transaction is a 1031 Exchange. - Due Diligence
Vendor-04/14/2026 Ready for Review-Please revisit. 1008 reflects transaction is a 1031 exchange, closing disclosure reflects 1031 exchange funds. Letter in file from XXXX (page 205) dated 02/05/26 reflects 1031 exchange. Final settlement statement (page 212-230) shows sale of property w XXXX as intermediary for borrower. Thank you! - Due Diligence Vendor-04/13/2026 Open-Borrower Rental Experience Insufficient per Guidelines (DSCR Loan Type) Provide documentation to support borrower has owned an investment property for 12 months in the last 3 years. Borrower currently rents primary which is not allowed for a first-time investor. - Due Diligence Vendor-04/13/2026 |
Resolved-Upon further
review, subject transaction is a 1031 Exchange. - Due Diligence
Vendor-04/14/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 660 Borrower has
747 DSCR % greater than 1.20 - Required is 0.8 Borrower has 2.478 LTV is less than guideline maximum - Required is 80 Borrower has 50.51 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 8619285 | ||||
| XXXX | 3110229 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | |||||||||||||||||||
| XXXX | 3108777 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | |||||||||||||||||||
| XXXX | 3108057 | 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 | Purchase | NA | |||||||||||||||||||
| XXXX | 3104892 | C | A | C | A | A | A | A | A | Closed | FCRE1506 | 2026-04-17 16:03 | 2026-04-29 13:17 | Resolved | 1 - Information | C | A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-Received Lenders
explanation for use of the P&L. The Final Reviewed QM Status is
acceptable - Due Diligence Vendor-04/29/2026 Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Lender included a 12 month P&L in file which averages out to an income less than what was used calculating with bank statements. Using this income would result in an excessive DTI. Missing lender's rationale for usage of bank statements and why the P&L was provided. - Due Diligence Vendor-04/17/2026 |
Resolved-Received Lenders
explanation for use of the P&L. The Final Reviewed QM Status is
acceptable - Due Diligence Vendor-04/29/2026 |
LTV is less than guideline
maximum - Required is 80 Borrower has 69.47 Required is 80 Borrower has
69.47 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 737 Required is 620 Borrower has 737 |
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 | 8745591 | ||||
| XXXX | 3104892 | C | A | C | A | A | A | A | A | Closed | FCRE6763 | 2026-04-17 15:39 | 2026-04-29 13:14 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income documentation does not meet guidelines | Resolved-Received
originator explanation for P&L which shows slight higher income when
adding back in XXXX however the bank statement worksheet reflects slightly
less income. - Due Diligence Vendor-04/29/2026 Ready for Review-Teams response. - Due Diligence Vendor-04/27/2026 Open-Lender included a 12 month P&L in file which averages out to an income less than what was used calculating with bank statements. Using this income would result in an excessive DTI. Missing lender's rationale for usage of bank statements and why the P&L was provided. - Due Diligence Vendor-04/17/2026 |
Resolved-Received
originator explanation for P&L which shows slight higher income when
adding back in XXXX however the bank statement worksheet reflects slightly
less income. - Due Diligence Vendor-04/29/2026 |
LTV is less than guideline
maximum - Required is 80 Borrower has 69.47 Required is 80 Borrower has
69.47 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 737 Required is 620 Borrower has 737 |
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 | 8745017 | |||
| XXXX | 3110220 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | |||||||||||||||||||
| XXXX | 3112647 | C | A | C | A | A | A | A | A | Closed | FCRE0044 | 2026-04-23 11:38 | 2026-04-28 13:57 | Resolved | 1 - Information | C | A | Credit | Eligibility | File does not contain LOX for credit inquiries | Resolved-Upon further
review, inquiries are beyond the 90 day threshold. No LOX required - Due
Diligence Vendor-04/28/2026 Ready for Review-04/27 SA: Please see the attached credit report showing that the inquiries does not need an LOX since they're outside the 90 days per guidelines to ask about. Credit report was pulled on XXXXand the newest inquire is from XXXX which is 112 days. - Due Diligence Vendor-04/27/2026 Open-LOX for credit inquiries is missing. Per Guides, LOX for Credit inquiries is require. - Due Diligence Vendor-04/23/2026 |
Resolved-Upon further
review, inquiries are beyond the 90 day threshold. No LOX required - Due
Diligence Vendor-04/28/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 640 Borrower has
670 Months Reserves exceed minimum required - 80.5 months reserves; 6 months reserves required. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8843799 | |||
| XXXX | 3112602 | C | A | C | A | A | A | A | A | Closed | FCRE0197 | 2026-04-22 08:15 | 2026-04-24 12:18 | Resolved | 1 - Information | C | A | Credit | Eligibility | The Final SELLER CD/HUD is missing | Resolved-Received fully
executed Seller CD, per Title there are no open mortgages. - Due Diligence
Vendor-04/24/2026 Ready for Review-Seller CD - Due Diligence Vendor-04/23/2026 Open-The Final SELLER CD/HUD is missing. - Due Diligence Vendor-04/22/2026 |
Resolved-Received fully
executed Seller CD, per Title there are no open mortgages. - Due Diligence
Vendor-04/24/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 700 Borrower has
749 Months Reserves exceed minimum required - 98 months available and 3 required. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 8814913 | |||
| XXXX | 3115863 | D | A | D | A | A | A | A | A | Closed | FPRO1245 | 2026-05-07 11:02 | 2026-09-25 15:07 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Appraisal is Expired | Resolved-Received 1004D,
Value has not changed - Due Diligence Vendor-05/11/2026 Ready for Review-05/08 SA: Please the attached 1004D which support the appraisal date. - Due Diligence Vendor-05/08/2026 Open-Primary Value Appraisal is Expired Appraisal greater than 120 days. Lender to provide an appraisal update supporting original appraised value of XXXX. Additional conditions may apply. - Due Diligence Vendor-05/07/2026 |
Resolved-Received 1004D,
Value has not changed - Due Diligence Vendor-05/11/2026 |
Qualifying FICO score is at
least 20 points above minimum for program -
Required is 660 Borrower has 687 Required is 660 Borrower has 687
Required is 660 Borrower has 687 Required is 660 Borrower has 687 Required is
660 Borrower has 687 Qualifying DTI below maximum allowed - Required is 50 Borrower has 8.98 Required is 50 Borrower has 10.4 Required is 50 Borrower has 10.4 Required is 50 Borrower has 10.4 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 9085216 | |||
| XXXX | 3115863 | D | A | D | A | A | A | A | A | Closed | FCRE7497 | 2026-05-07 12:04 | 2026-05-11 12:24 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received CD for
REO 3e - Due Diligence Vendor-05/11/2026 Ready for Review-05/08 SA: Please see the attached CD for the property 3e. - Due Diligence Vendor-05/08/2026 Open-Lender to provide documentation verifying the P&I payment for REO 3e. Additional conditions may apply pending review. - Due Diligence Vendor-05/07/2026 |
Resolved-Received CD for
REO 3e - Due Diligence Vendor-05/11/2026 |
Qualifying FICO score is at
least 20 points above minimum for program -
Required is 660 Borrower has 687 Required is 660 Borrower has 687
Required is 660 Borrower has 687 Required is 660 Borrower has 687 Required is
660 Borrower has 687 Qualifying DTI below maximum allowed - Required is 50 Borrower has 8.98 Required is 50 Borrower has 10.4 Required is 50 Borrower has 10.4 Required is 50 Borrower has 10.4 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 9087247 | |||
| XXXX | 3115731 | C | A | C | A | A | A | A | A | Closed | FCRE1510 | 2026-05-05 14:18 | 2026-07-06 11:04 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received updated
Appraisal. Appraiser has commented that the XXXX was a typo when he changed
over the form 1004. Value is XXXX- Due Diligence Vendor-07/06/2026 Ready for Review-Please see attached. - Due Diligence Vendor-06/30/2026 Counter-Received updated Appraisal, value is slightly less at XXXX. Provide an explanation from the appraiser on why value dropped $XX as we could not find anything on the report provided and if lower, we would need 1008 and the LTV will exceed the 80% guideline max. - Due Diligence Vendor-06/26/2026 Ready for Review-Attached. - Due Diligence Vendor-06/24/2026 Counter-If the subject is not a Condo, please request and a corrected appraisal on a 1004 form for SFD/PUD - Due Diligence Vendor-06/18/2026 Ready for Review-We hincluded a PUD Warranty in the initial file upload (attached again here) and our review of the file confirmed the project is a PUD, so no Condo Rider needs to be signed. It appears the appraisal was ordered incorrectly on the condo version of the form instead of the SFR version. Do you need us to update the appraisal on the SFR version of the form? Once we get that in for you, will that clear the condition? Thank you. - Due Diligence Vendor-06/17/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. DOT shows property as a PUD, per Appraisal property is a Condo. Update DOT to reflect Condo with Condo Rider. - Due Diligence Vendor-05/05/2026 |
Resolved-Received updated
Appraisal. Appraiser has commented that the XXXX was a typo when he changed
over the form 1004. Value is XXXX - Due Diligence Vendor-07/06/2026 |
Months Reserves exceed
minimum required - Minm 6, Borrower has 37.26 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 756 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9049190 | |||
| XXXX | 3110265 | D | A | D | A | A | A | A | A | Closed | FCOM1352 | 2026-05-07 09:06 | 2026-05-13 15:14 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Business Purpose
and Occupancy Affidavit to be signed by each borrower on the 1003 if Vested
in an entity or if DSCR. Brw is vested as an individual and this is a bank
stmt loan - business purpose affidavit not required per lender guidelines. - Due Diligence Vendor-05/13/2026 Counter-Document provided is not sufficient. Business purpose affidavit states additional information required for Investment properties. Finding remains - Due Diligence Vendor-05/13/2026 Ready for Review-Loan purpose - Due Diligence Vendor-05/11/2026 Counter-Loan is Investment, Per GL Business Purpose Affidavit to be executed by all parties listed on 1003 - Due Diligence Vendor-05/11/2026 Ready for Review-Please revisit. Borrower signed note individually, not in business, loan is bank statement loan. Thank you! - Due Diligence Vendor-05/07/2026 Open-The Business Purpose Affidavit Disclosure is Missing .The Business Purpose and Occupancy Affidavit Disclosure is Missing . - Due Diligence Vendor-05/07/2026 |
Resolved-Business Purpose
and Occupancy Affidavit to be signed by each borrower on the 1003 if Vested
in an entity or if DSCR. Brw is vested as an individual and this is a bank
stmt loan - business purpose affidavit not required per lender guidelines. - Due Diligence Vendor-05/13/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 29.11 Required is 50 Borrower
has 29.11 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 753 Required is 680 Borrower has 753 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9082415 | |||
| XXXX | 3112836 | D | A | D | A | A | A | A | A | Closed | FCRE1440 | 2026-05-07 09:38 | 2026-05-11 11:52 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-All properties
have been documented - Due Diligence Vendor-05/11/2026 Ready for Review-Please see LOX and accompanying docs - Due Diligence Vendor-05/07/2026 Open-Housing History Does Not Meet Guideline Requirements Missing verification of mortgage for all financed properties. - Due Diligence Vendor-05/07/2026 |
Resolved-All properties
have been documented - Due Diligence Vendor-05/11/2026 |
LTV is less than guideline
maximum - Required is 75 Borrower has 70 Required is 75 Borrower has 70 Qualifying DTI below maximum allowed - Required is 50 Borrower has 24.42 Required is 50 Borrower has 24.42 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 777 Required is 660 Borrower has 777 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 9083512 | |||
| XXXX | 3112836 | D | A | D | A | A | A | A | A | Closed | FCRE7497 | 2026-05-07 08:21 | 2026-05-11 11:24 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received CD for
previous primary which reflects a monthly payment of XXXX - Due Diligence
Vendor-05/11/2026 Ready for Review-Please see LOX and accompanying docs on previous condition - Due Diligence Vendor-05/07/2026 Open-Document purchase and PITIA of the new primary residence, 3b on the REO. - Due Diligence Vendor-05/07/2026 |
Resolved-Received CD for
previous primary which reflects a monthly payment of XXXX - Due Diligence
Vendor-05/11/2026 |
LTV is less than guideline
maximum - Required is 75 Borrower has 70 Required is 75 Borrower has 70 Qualifying DTI below maximum allowed - Required is 50 Borrower has 24.42 Required is 50 Borrower has 24.42 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 777 Required is 660 Borrower has 777 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 9081596 | ||||
| XXXX | 3112836 | D | A | D | A | A | A | A | A | Closed | FCRE2371 | 2026-05-07 08:20 | 2026-05-11 11:21 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing final HUD-1 from sale of non-subject property | Resolved-Borrower did not
sell previous primary, it is listed on 1003 in the REO section as Investment
- Due Diligence Vendor-05/11/2026 Ready for Review-Please see LOX and accompanying docs on previous condition - Due Diligence Vendor-05/07/2026 Open-Provide settlement statement for sale of the former owned primary residence (and not listed on the REO), or, if address is a typo, a correct signed final 1003. - Due Diligence Vendor-05/07/2026 |
Resolved-Borrower did not
sell previous primary, it is listed on 1003 in the REO section as Investment
- Due Diligence Vendor-05/11/2026 |
LTV is less than guideline
maximum - Required is 75 Borrower has 70 Required is 75 Borrower has 70 Qualifying DTI below maximum allowed - Required is 50 Borrower has 24.42 Required is 50 Borrower has 24.42 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 777 Required is 660 Borrower has 777 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 9081563 | ||||
| XXXX | 3115881 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | |||||||||||||||||||
| XXXX | 3113127 | C | A | C | A | C | A | A | A | Closed | finding-3352 | 2026-05-04 15:42 | 2026-09-25 15:49 | Resolved | 1 - Information | C | A | Compliance | Points & Fees | Higher-Priced Mortgage Loan Test | Resolved-HPML guides were
met, file contains full appraisal and has escrows - Due Diligence Vendor-09/25/2026 Open-This loan failed the higher-priced mortgage loan test. ( 12 CFR § 1026.35(a)(1) )Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. - Due Diligence Vendor-05/04/2026 |
Resolved-HPML guides were
met, file contains full appraisal and has escrows - Due Diligence Vendor-09/25/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 41.3 Long term residence - 2 years at previous primary per 1003 and VOR |
QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9030267 | ||||
| XXXX | 3113127 | C | A | C | A | C | A | A | A | Closed | FCRE1506 | 2026-05-06 17:42 | 2026-05-19 11:29 | Resolved | 1 - Information | C | A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-The Final
Reviewed QM Status is acceptable, required documents received. - Due
Diligence Vendor-05/19/2026 Ready for Review-DU - Due Diligence Vendor-05/18/2026 Counter-Received settlement statement however missing DU - Due Diligence Vendor-05/18/2026 Ready for Review-Please revisit. Settlement Statement page 1048 - 1049 of loan file and uploaded in trailing docs. Thank you! - Due Diligence Vendor-05/14/2026 Counter-Received scenario email confirming DU AUS may be considered for non-borrowing spouses assets. Missing DU, final settlement statement for sale of previous home. File received reflects LPA caution only. - Due Diligence Vendor-05/14/2026 Ready for Review-Please see attached email; XXXX was advised to follow XXXX guides which allows gift funds from spouse to be used as their own if they have lived jointed for the last 12 months. Additionally, the funds were from the sale of their jointly owned property - Due Diligence Vendor-05/12/2026 Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Borrower minimum contribution is 3% of purchase price (XXXX) when LTV is > 80% (LTV is 85%) per guides. Only borrower funds are EMD of $XX. *Note, asset analysis states using Investor Non-QM (XXXX per lock confirmation) requirements to qualify gift funds, however XXXX guides state >85% LTV 5% is required for borrower own funds. *Note, Gift Fund account is listed on the Asset Analysis and 1008 for funds, but this is the spouse's account and not the borrowers. *Note, CD reflects getting back $XX. However it is not eligible as borrower funds back would represent funds that went towards borrower's 3% minimum contribution or toward the spouse's non-gifted funds. - Due Diligence Vendor-05/06/2026 |
Resolved-The Final Reviewed
QM Status is acceptable, required documents received. - Due Diligence
Vendor-05/19/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 41.3 Long term residence - 2 years at previous primary per 1003 and VOR |
XXXX | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9072664 | |||
| XXXX | 3113127 | C | A | C | A | C | A | A | A | Closed | FCRE1198 | 2026-05-06 17:44 | 2026-05-19 11:26 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-DU is in the loan
file, assets sufficient with spouses funds. - Due Diligence Vendor-05/19/2026
Counter-Received settlement statement however missing DU - Due Diligence Vendor-05/18/2026 Ready for Review-Please revisit. Settlement Statement page 1048 - 1049 of loan file and uploaded in trailing docs. Thank you! - Due Diligence Vendor-05/14/2026 Counter-Received scenario email confirming DU AUS may be considered for non-borrowing spouses assets. Missing DU, final settlement statement for sale of previous home. File received reflects LPA caution only. - Due Diligence Vendor-05/14/2026 Ready for Review-Please see attached email; XXXX was advised to follow XXXX guides which allows gift funds from spouse to be used as their own if they have lived jointed for the last 12 months. Additionally, the funds were from the sale of their jointly owned property - Due Diligence Vendor-05/12/2026 Open-Audited Reserves of month(s) are less than Guideline Required Reserves of 3 month(s) Borrower minimum contribution is 3% of purchase price (XXXX) when LTV is > 80% (LTV is 85%) per guides. Only borrower funds are EMD of $XX. *Note, asset analysis states using Investor Non-QM (XXXX per lock confirmation) requirements to qualify gift funds, however XXXX guides state >85% LTV 5% is required for borrower own funds. *Note, Gift Fund account is listed on the Asset Analysis and 1008 for funds, but this is the spouse's account and not the borrowers. *Note, CD reflects getting back $XX. However it is not eligible as borrower funds back would represent funds that went towards borrower's 3% minimum contribution or toward the spouse's non-gifted funds. - Due Diligence Vendor-05/06/2026 |
Resolved-DU is in the loan
file, assets sufficient with spouses funds. - Due Diligence
Vendor-05/19/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 41.3 Long term residence - 2 years at previous primary per 1003 and VOR |
XXXX | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9073199 | |||
| XXXX | 3113127 | C | A | C | A | C | A | A | A | Closed | FCRE1491 | 2026-05-06 17:38 | 2026-05-19 11:26 | Resolved | 1 - Information | C | A | Credit | Assets | Asset Qualification Does Not Meet Guideline Requirements | Resolved-DU is in the loan
file, assets sufficient with spouses funds. - Due Diligence Vendor-05/19/2026
Counter-Received settlement statement however missing DU - Due Diligence Vendor-05/18/2026 Ready for Review-Please revisit. Settlement Statement page 1048 - 1049 of loan file. Thank you! - Due Diligence Vendor-05/14/2026 Counter-Received scenario email confirming DU AUS may be considered for non-borrowing spouses assets. Missing DU, final settlement statement for sale of previous home. File received reflects LPA caution only. - Due Diligence Vendor-05/14/2026 Ready for Review-Please see attached email; XXXX was advised to follow XXXX guides which allows gift funds from spouse to be used as their own if they have lived jointed for the last 12 months. Additionally, the funds were from the sale of their jointly owned property - Due Diligence Vendor-05/12/2026 Open-Asset Qualification Does Not Meet Guideline Requirements Borrower minimum contribution is 3% of purchase price (XXXX) when LTV is > 80% (LTV is 85%) per guides. Only borrower funds are EMD of $XX. *Note, asset analysis states using Investor Non-QM (XXXX per lock confirmation) requirements to qualify gift funds, however XXXX guides state >85% LTV 5% is required for borrower own funds. *Note, Gift Fund account is listed on the Asset Analysis and 1008 for funds, but this is the spouse's account and not the borrowers. *Note, CD reflects getting back $XX. However it is not eligible as borrower funds back would represent funds that went towards borrower's 3% minimum contribution or toward the spouse's non-gifted funds. - Due Diligence Vendor-05/06/2026 |
Resolved-DU is in the loan
file, assets sufficient with spouses funds. - Due Diligence
Vendor-05/19/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 41.3 Long term residence - 2 years at previous primary per 1003 and VOR |
XXXX | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9072619 | |||
| XXXX | 3113127 | C | A | C | A | C | A | A | A | Closed | finding-3634 | 2026-05-04 15:42 | 2026-05-13 12:38 | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Received COC's
for increase in fees. Finding Resolved. - Due Diligence Vendor-05/13/2026 Ready for Review-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 $XX.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-05/13/2026 Ready for Review-COC - Due Diligence Vendor-05/12/2026 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 $XX.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). ----- Zero (0%) tolerance fees increased by $XX (Points) without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of $XX, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Statute of Limitations - 3 Year(s); Expiration Date: XXXX. - Due Diligence Vendor-05/04/2026 |
Resolved-Received COC's for
increase in fees. Finding Resolved. - Due Diligence Vendor-05/13/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 41.3 Long term residence - 2 years at previous primary per 1003 and VOR |
XXXX | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9030264 | |||
| XXXX | 3116694 | D | A | D | A | A | A | A | A | Closed | FCRE5782 | 2026-05-06 16:00 | 2026-05-11 12:09 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Received GAP CR,
updated payment to XXXX. - Due Diligence Vendor-05/11/2026 Ready for Review-Please see credit lookback - Due Diligence Vendor-05/07/2026 Open-Borrower 1 Gap Credit Report is Missing Additional findings may apply - Due Diligence Vendor-05/06/2026 |
Resolved-Received GAP CR,
updated payment to XXXX. - Due Diligence Vendor-05/11/2026 |
Credit history exceeds
minimum required - Min 12 mos, borrower has 144 mos Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 719 |
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 | 9070576 | |||
| XXXX | 3116694 | D | A | D | A | A | A | A | A | Closed | FCRE0108 | 2026-05-06 15:11 | 2026-05-11 12:07 | Resolved | 1 - Information | C | A | Credit | Insurance | XX Coverage not met | Resolved-Upon further
review, XX/Crime coverage on page 2 of the Master Policy - Due Diligence
Vendor-05/11/2026 Ready for Review-Please waive this item as XX coverage is shown on page 2 of attached master policy - Due Diligence Vendor-05/07/2026 Open-XX Coverage not met. XX Coverage required but not listed on Master Policy. Additional findings may apply. - Due Diligence Vendor-05/06/2026 |
Resolved-Upon further
review, XX/Crime coverage on page 2 of the Master Policy - Due Diligence
Vendor-05/11/2026 |
Credit history exceeds
minimum required - Min 12 mos, borrower has 144 mos Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 719 |
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 | 9069606 | |||
| XXXX | 3116694 | D | A | D | A | A | A | A | A | Closed | FCRE1510 | 2026-05-06 14:41 | 2026-05-11 12:06 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Upon further
review, legal description is on page 3 of the DOT. - Due Diligence
Vendor-05/11/2026 Ready for Review-Please waive as the legal description is part of the MORTGAGE on pg.3 - Due Diligence Vendor-05/07/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing legal description. Additional findings may apply. - Due Diligence Vendor-05/06/2026 |
Resolved-Upon further
review, legal description is on page 3 of the DOT. - Due Diligence
Vendor-05/11/2026 |
Credit history exceeds
minimum required - Min 12 mos, borrower has 144 mos Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 719 |
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 | 9069099 | ||||
| XXXX | 3115971 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | |||||||||||||||||||
| XXXX | 3117663 | 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 | |||||||||||||||||||
| XXXX | 3116016 | 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 | |||||||||||||||||||
| XXXX | 3108537 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | |||||||||||||||||||
| XXXX | 3105990 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | |||||||||||||||||||
| XXXX | 3115092 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | |||||||||||||||||||
| XXXX | 3116871 | C | A | C | A | A | A | A | A | Closed | FCRE8702 | 2026-05-11 09:41 | 2026-05-13 13:37 | Resolved | 1 - Information | C | A | Credit | Borrower | Business Entity Formation Document is Incomplete | Resolved-Received EIN. -
Due Diligence Vendor-05/13/2026 Ready for Review-05/12 SA: Please see the attached document showing the business name with the EIN number for it. - Due Diligence Vendor-05/12/2026 Open-The Business Entity Formation Document is incomplete missing proof of EIN - Due Diligence Vendor-05/11/2026 |
Resolved-Received EIN. -
Due Diligence Vendor-05/13/2026 |
LTV is less than guideline
maximum - Required is 80 Borrower has 73.86 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 724 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 9127157 | |||
| XXXX | 3099171 | D | A | C | A | D | A | A | A | Closed | FCRE1254 | 2026-05-11 12:17 | 2026-06-03 13:11 | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Payoff reflects
two release recording fees and satisfaction of mortgage was provided.
Payments were documented on subject lien. - Due Diligence Vendor-06/03/2026
Ready for Review-LO email - Due Diligence Vendor-06/02/2026 Counter-Received payoff documentation. Please provide confirmation lien dated XXXX has no payments required - Due Diligence Vendor-05/29/2026 Ready for Review-XXXX payoff statement showing 2 release recording fees and Satisfaction of Mortgage - Due Diligence Vendor-05/28/2026 Counter-Received email regarding blanket mortgage. Please provide confirmation lien dated XXXX has no payments required and document payoff and release. - Due Diligence Vendor-05/20/2026 Ready for Review-Additional mortgage shown on title is a blanket mortgage. This was satisfied at closing. This also does not reflect on borrower's credit. Please see attached email from XX and property reports showing mortgage is not tied to property. - Due Diligence Vendor-05/19/2026 Open-Property Title Issue Additional mortgage found on title report with XXXX in the amount of XXXX. Provide mortgage history along with payoff documentation. - Due Diligence Vendor-05/11/2026 |
Resolved-Payoff reflects
two release recording fees and satisfaction of mortgage was provided.
Payments were documented on subject lien. - Due Diligence
Vendor-06/03/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 620 Borrower has
760 Qualifying DTI below maximum allowed - Required is 50 Borrower has 32.75 LTV is less than guideline maximum - Required is 85 Borrower has 50.94 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 9131867 | |||
| XXXX | 3099171 | D | A | C | A | D | A | A | A | Closed | FCOM2276 | 2026-05-07 11:48 | 2026-05-13 12:58 | Resolved | 1 - Information | C | A | Compliance | TRID | Final CD: Disbursement Date is missing or inaccurate | Resolved-Per appraisal and
information provided, Property is a construction to perm Refinance, ROR is
not required, Property was vacant. Finding Resolved. - Due Diligence
Vendor-05/13/2026 Ready for Review-Rescission period not required on refi's to pay off construction loan - Due Diligence Vendor-05/12/2026 Open-Final CD shows disbursement date of XXXX but closing date is XXXX. Provide evidence the loan did not disburse prior to closing and disbursed after the ROR Cancel Date, which was also missing - Due Diligence Vendor-05/07/2026 |
Resolved-Per appraisal and
information provided, Property is a construction to perm Refinance, ROR is
not required, Property was vacant. Finding Resolved. - Due Diligence
Vendor-05/13/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 620 Borrower has
760 Qualifying DTI below maximum allowed - Required is 50 Borrower has 32.75 LTV is less than guideline maximum - Required is 85 Borrower has 50.94 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 9086933 | ||||
| XXXX | 3099171 | D | A | C | A | D | A | A | A | Closed | finding-47 | 2026-05-07 11:01 | 2026-05-13 12:57 | Resolved | 1 - Information | C | A | Compliance | Right to Rescind | TILA Right of Rescission Test | Resolved-Per appraisal and
information provided, Property is a construction to perm Refinance, ROR is
not required, Property was vacant. Finding Resolved. - Due Diligence
Vendor-05/13/2026 Ready for Review-Rescission period not required on refi to pay off construction loan - Due Diligence Vendor-05/12/2026 Open-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 is before the third business day following consummation.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 §1026.23 or §1026.15, or delivery of all material disclosures, whichever occurs last. Provide PCCD with disbursement date after the ROR expiration date. - Due Diligence Vendor-05/07/2026 |
Resolved-Per appraisal and
information provided, Property is a construction to perm Refinance, ROR is
not required, Property was vacant. Finding Resolved. - Due Diligence
Vendor-05/13/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 620 Borrower has
760 Qualifying DTI below maximum allowed - Required is 50 Borrower has 32.75 LTV is less than guideline maximum - Required is 85 Borrower has 50.94 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 9085189 | ||||
| XXXX | 3099171 | D | A | C | A | D | A | A | A | Closed | FCOM1262 | 2026-05-06 19:46 | 2026-05-13 12:45 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Right of Rescission is Missing | Resolved-Per appraisal and
information provided, Property is a construction to perm Refinance, ROR is
not required, Property was vacant. Finding Resolved. - Due Diligence
Vendor-05/13/2026 Ready for Review-Please revisit. Comments from seller: Refi to pay off construction loan; rescission period not required Title Sch B II #14. Thank you! - Due Diligence Vendor-05/12/2026 Open-Right of Rescission is Missing Provide the executed Right of Recission. - Due Diligence Vendor-05/06/2026 |
Resolved-Per appraisal and
information provided, Property is a construction to perm Refinance, ROR is
not required, Property was vacant. Finding Resolved. - Due Diligence
Vendor-05/13/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 620 Borrower has
760 Qualifying DTI below maximum allowed - Required is 50 Borrower has 32.75 LTV is less than guideline maximum - Required is 85 Borrower has 50.94 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 9074097 | ||||
| XXXX | 3116646 | D | B | D | B | A | A | A | A | Closed | FCRE6763 | 2026-05-22 15:35 | 2026-06-05 12:14 | Waived | 2 - Non-Material | C | B | Credit | Income/Employment | Income documentation does not meet guidelines | Waived-Document Uploaded.
Originator waiver applied to non-material finding. Exception to allow XXXX income to be used
to qualify. - Due Diligence Vendor-06/05/2026 Counter-Per the guidelines: the file cannot contain any indication that future awards will be inconsistent with historical awards (borrower explanation confirms that prior XXXX levels are not expected to continue going forward. Future vesting levels are materially lower than historical vesting activity). - Due Diligence Vendor-06/03/2026 Ready for Review-Per underwriter, for the XXXX-Borrower has a history of earning them with XXXX since 2013 so 13 years. During COVID the shares granted were much higher due to the performance of the company and the need to compensate and retain employees as delivery of goods and services during that time was extremely high. The awards from 2024 (218), 2025 (2019) and 2026 (217) reflect a three-year norm for what to expect so everything has stabilized which is why we used the forward looking vestings for 2026/2027 to qualify. The income is-in fact-continuing per the future vesting schedules and 2026 grant award just issued although at a lower level so we should still be able to utilize this as qualifying income. - Due Diligence Vendor-06/02/2026 Open-XXXX income used for qualifying has a documented declining vesting trend (review of the current vesting schedule, compensation documentation, and borrower explanation confirms that prior XXXX levels are not expected to continue going forward. Future vesting levels are materially lower than historical vesting activity). As file contains this indication that future awards will be inconsistent with historical awards- this addtl income does not meet G/L requirements for XXXX Income. - Due Diligence Vendor-05/22/2026 |
Waived-Document Uploaded.
Originator waiver applied to non-material finding. Exception to allow XXXX income to be used
to qualify. - Due Diligence Vendor-06/05/2026 |
LTV is less than guideline
maximum - Required is 85 Borrower has 66.4 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 800 |
800 fico 66.4% LTV 90 months of reserves. |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | Yes | 9355770 | ||
| XXXX | 3116646 | D | B | D | B | A | A | A | A | Closed | FCRE1506 | 2026-05-12 15:24 | 2026-06-05 12:08 | Resolved | 1 - Information | C | A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-The Final
Reviewed QM Status is acceptable - complete income docs in file. - Due
Diligence Vendor-05/22/2026 Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Income appears to be RSU, missing confirmation of the following before an accurate calculation can be made: How many shares vesting in each period? Which option was chose from the XXXX compensation statement? - Due Diligence Vendor-05/12/2026 |
Resolved-The Final Reviewed
QM Status is acceptable - complete income docs in file. - Due Diligence
Vendor-05/22/2026 |
LTV is less than guideline
maximum - Required is 85 Borrower has 66.4 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 800 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9159710 | ||||
| XXXX | 3116646 | D | B | D | B | A | A | A | A | Closed | FCRE1964 | 2026-05-22 15:41 | 2026-05-28 15:13 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing income documentation | Resolved-Received Jan XXXX
401K statement - Due Diligence Vendor-05/28/2026 Ready for Review-Jan 401k XXXX - Due Diligence Vendor-05/27/2026 Open-As XXXX 401K is being considered for Asset Utilization- 3 months of consecutive statements are required. Currently only the Feb and March 2026 stmts are in file. Provide the Jan or April 2026 stmt to meet guideline requirements. - Due Diligence Vendor-05/22/2026 |
Resolved-Received Jan XXXX
401K statement - Due Diligence Vendor-05/28/2026 |
LTV is less than guideline
maximum - Required is 85 Borrower has 66.4 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 800 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9356011 | |||
| XXXX | 3116646 | D | B | D | B | A | A | A | A | Closed | FCRE7806 | 2026-05-12 15:51 | 2026-05-22 15:38 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Bank Statement Summary/Lender Worksheet is Missing | Resolved-Lender has
provided a breakdown of the income calculation and documents considered for
asset depletion and XXXX earnings. - Due Diligence Vendor-05/22/2026 Open-The Borrower 1 Bank Statement Summary/Lender Worksheet is Missing Missing lender's income calculation sheet for the amount used for the XXXX "other" amounts showing on the final 1003. These appear to be XXXX but need confirmation of how the figures were calculated. As per guides "Qualifying income is the lesser of the 2-year (or 1-year) historical monthly average vs 2-year future monthly average” - Due Diligence Vendor-05/12/2026 |
Resolved-Lender has
provided a breakdown of the income calculation and documents considered for
asset depletion and XXXX earnings. - Due Diligence Vendor-05/22/2026 |
LTV is less than guideline
maximum - Required is 85 Borrower has 66.4 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 800 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9160501 | ||||
| XXXX | 3116646 | D | B | D | B | A | A | A | A | Closed | FCRE1294 | 2026-05-12 16:00 | 2026-05-22 15:32 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income 3 Months Income Verified is Missing | Resolved-Lender calculated
earnings of XXXX is Asset Amortization Income. Net eligible assets / 84
months used for income calc. Considering Brws XXXX (StockPlan) - XXXX accts
for calculation. Borrowers will have > $250,000 in post close eligible
assets to meet G/L requirements. - Due Diligence Vendor-05/22/2026 Counter-Received UW Narrative on income considered in qualifying. (1) Asset Amortization Income/Depletion: narrative reflects XXXX account is comprised of vested XXXX. Cannot consider both XXXX and Asset Depletion as this would be a double dipping of vested XXXX income. Provide acceptable income calculation for Asset Depletion without XXXX account or remove XXXX. (2) If utilizing XXXX income, must provide 2026 vesting schedule and exception required as file contains future awards that are inconsistent with historical awards. (XXXX) - Due Diligence Vendor-05/20/2026 Ready for Review-Please revisit. Attached email communication from seller addressing income determination / calculation. Thank you! - Due Diligence Vendor-05/18/2026 Open-Income 3 Months Income Verified is Missing Income of XXXX, missing confirmation from lender this is XXXX and missing all of the following before an accurate calculation can be made: How many shares vesting in each period? Which option was chose from the XXXX compensation statement? - Due Diligence Vendor-05/12/2026 |
Resolved-Lender calculated
earnings of XXXX is Asset Amortization Income. Net eligible assets / 84
months used for income calc. Considering Brws XXXX (StockPlan) - XXXX accts
for calculation. Borrowers will have > $250,000 in post close eligible
assets to meet G/L requirements. - Due Diligence Vendor-05/22/2026 |
LTV is less than guideline
maximum - Required is 85 Borrower has 66.4 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 800 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9160672 | |||
| XXXX | 3116646 | D | B | D | B | A | A | A | A | Closed | FCRE1293 | 2026-05-12 15:51 | 2026-05-22 15:29 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income 2 Months Income Verified is Missing | Resolved-XXXX included in
qualifying. 2-year history of receipt & verification income can continue
for at least 2 years after the note date with the vesting schedule has been
documented. - Due Diligence Vendor-05/22/2026 Open-Income 2 Months Income Verified is Missing Income XXXX lender to confirm and missing confirmation of the following before an accurate calculation can be made: How many shares vesting in each period? Which option was chose from the XXXX compensation statement? - Due Diligence Vendor-05/12/2026 |
Resolved-XXXX included in
qualifying. 2-year history of receipt & verification income can continue
for at least 2 years after the note date with the vesting schedule has been
documented. - Due Diligence Vendor-05/22/2026 |
LTV is less than guideline
maximum - Required is 85 Borrower has 66.4 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 800 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9160500 | ||||
| XXXX | 3116646 | D | B | D | B | A | A | A | A | Closed | FCRE1158 | 2026-05-12 11:00 | 2026-05-15 13:06 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Hazard Insurance Policy is Partial | Resolved-Received Hazard
Insurance Policy (Or HO-6 Insurance Policy if Subject Property is a Condo)
Expiration date of the policy is at the bottom of page 1 - Due Diligence
Vendor-05/15/2026 Ready for Review-Per branch the policy term is XXXX as highlighted below on the binder. The XXXX date you are referring to is the binder expiration date, not the policy expiration date. - Due Diligence Vendor-05/14/2026 Open-Hazard Insurance Policy (Or HO-6 Insurance Policy if Subject Property is a Condo) is only Partially Provided HOI on file shows exp date of XXXX - Due Diligence Vendor-05/12/2026 |
Resolved-Received Hazard
Insurance Policy (Or HO-6 Insurance Policy if Subject Property is a Condo)
Expiration date of the policy is at the bottom of page 1 - Due Diligence
Vendor-05/15/2026 |
LTV is less than guideline
maximum - Required is 85 Borrower has 66.4 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 800 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9151741 | |||
| XXXX | 3114690 | C | B | A | A | C | B | A | A | Closed | finding-3352 | 2026-05-07 16:07 | 2026-05-13 09:58 | Waived | 2 - Non-Material | C | B | Compliance | Points & Fees | Higher-Priced Mortgage Loan Test | Waived-Originator waiver
applied to non-material finding. File contains appraisal and escrows - Due
Diligence Vendor-05/12/2026 Open-This loan failed the higher-priced mortgage loan test. ( 12 CFR § 1026.35(a)(1) )Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. Full appraisal in file and loan escrows. - Due Diligence Vendor-05/07/2026 |
Waived-Originator waiver
applied to non-material finding. File contains appraisal and escrows - Due
Diligence Vendor-05/12/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 32.66 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 750 |
QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | No | 9092708 | ||||
| XXXX | 3116847 | D | A | D | A | A | A | A | A | Closed | FCRE1254 | 2026-05-12 12:53 | 2026-05-21 16:44 | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Received
Non-Identity Affidavit. - Due Diligence Vendor-05/21/2026 Ready for Review-05/20 MWM: please see the attached documentation. I've attached the non-identity affidavit that was completed at closing. Please note that it has been confirmed that the borrower was not obligated on the judgment listed under Schedule B/Part 1 #7 as this is not our borrower. Additionally #8 is the same name as the borrower but it has been signed that our borrower is not the same person. Please see 2 G on the affidavit that lines up with #8. Because these do not belong to the borrower, these would not impact the lien position of the loan and would not be included against our borrower. With the updated documentation, we would meet the required guidelines. - Due Diligence Vendor-05/20/2026 Open-Property Title Issue Schedule B/Part 1; #7, #8 shows liens/judgments that are not satisfied and not satisfied on Final CD - Due Diligence Vendor-05/12/2026 |
Resolved-Received
Non-Identity Affidavit. - Due Diligence Vendor-05/21/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 680 Borrower has
711 Qualifying DTI below maximum allowed - Required is 50 Borrower has 20.44 LTV is less than guideline maximum - Required is 85 Borrower has 80 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 9155452 | |||
| XXXX | 3116847 | D | A | D | A | A | A | A | A | Closed | FCRE0196 | 2026-05-12 12:46 | 2026-05-18 12:32 | Resolved | 1 - Information | C | A | Credit | Eligibility | Payoff(s) on the CD/HUD are not reported on Title Report | Resolved-Payoff of XXXX is
shown on the final CD and the mortgage statement provided documents property
as subject - Due Diligence Vendor-05/18/2026 Ready for Review-05/15 MWM: Please see the attached documentation. While the mortgage liability is not reporting on the preliminary title commitment, the mortgage doesn't need to be included on the preliminary title commitment as long as the liability is factored into the loan and documentation confirms the liability is being paid off at closing which would resolve any potential lien position concerns. The mortgage statement and the credit report confirm the acceptable seasoning. With the seasoning met and the liability being paid off, we have additional supporting documentation that confirm this liability is tied to the subject and since the liability is paid off the lien position is not being impacted, the preliminary title commitment not listing the mortgage is not impacting the eligibility. - Due Diligence Vendor-05/15/2026 Counter-Received preliminary title #5 of sched B does not support existing lien. Missing Payoff(s) on the CD/HUD are not reported on Title Report. Existing mortgage not reporting on title - Due Diligence Vendor-05/14/2026 Ready for Review-05/13 MWM: please see the attached title commitment Schedule B, Part 1 #5 that lists the original first lien tied to the property. the first lien was initially done through XXXX before being transferred and is included on the title commitment. Additionally, the loan is reflected and being paid through closing and all documentation is within the guidelines. - Due Diligence Vendor-05/13/2026 Open-Payoff(s) on the CD/HUD are not reported on Title Report. Existing mortgage not reporting on title - Due Diligence Vendor-05/12/2026 |
Resolved-Payoff of XXXX is
shown on the final CD and the mortgage statement provided documents property
as subject - Due Diligence Vendor-05/18/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 680 Borrower has
711 Qualifying DTI below maximum allowed - Required is 50 Borrower has 20.44 LTV is less than guideline maximum - Required is 85 Borrower has 80 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 9155320 | |||
| XXXX | 3116847 | D | A | D | A | A | A | A | A | Closed | FCRE1202 | 2026-05-12 09:58 | 2026-05-14 13:42 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report Partially Provided | Resolved-Received final
evidence of fraud report. - Due Diligence Vendor-05/14/2026 Ready for Review-05/13 MWM: Please see the attached fraud report. I've attached the full fraud report to the file. All information that's required to be provided is included in the report. - Due Diligence Vendor-05/13/2026 Open-Third Party Fraud Report Partially Provided Missing complete report (missing Modules as listed on Page 1) - Due Diligence Vendor-05/12/2026 |
Resolved-Received final
evidence of fraud report. - Due Diligence Vendor-05/14/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 680 Borrower has
711 Qualifying DTI below maximum allowed - Required is 50 Borrower has 20.44 LTV is less than guideline maximum - Required is 85 Borrower has 80 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 9150179 | |||
| XXXX | 3109866 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | |||||||||||||||||||
| XXXX | 3116826 | C | A | C | A | A | A | C | A | Closed | FPRO1257 | 2026-05-12 20:18 | 2026-07-02 13:22 | Resolved | 1 - Information | C | A | Property | Value | Primary Property Value is not Substantiated | Resolved-Received CDA from
XXXX, Primary Property Value is substantiated - Due Diligence
Vendor-05/28/2026 Ready for Review-CDA - Due Diligence Vendor-05/27/2026 Counter-Per GL 2.0, A Desk Review from XXXX is required on all loans unless: • CU score ≤ 2.5, or • The loan has 2 appraisals Note: Other vendors may be considered with prior approval from XXXX - Due Diligence Vendor-05/18/2026 Ready for Review-Please revisit - Desk Review of appraisal in loan file completed by secondary appraiser. Thank you! - Due Diligence Vendor-05/15/2026 Open-The Primary Property Value is unsubstantiated. Additional valuation product is required. Desk review provided is not an eligible vendor, additional findings may apply. - Due Diligence Vendor-05/13/2026 |
Resolved-Received CDA from
XXXX, Primary Property Value is substantiated - Due Diligence
Vendor-05/28/2026 |
DSCR =/> 1.00 and
minimum is 0.85 or Less - Required is 0.75 Borrower has 1.664 Required is
0.75 Borrower has 1.664 LTV is less than guideline maximum - Required is 85 Borrower has 44.78 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 790 |
790 fico, min 660 1.664 DSCR, min .75 44.78% LTV, max 85% |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9164528 | ||
| XXXX | 3116826 | C | A | C | A | A | A | C | A | Closed | FCRE7011 | 2026-05-12 20:25 | 2026-07-01 13:53 | Resolved | 1 - Information | C | A | Credit | Insurance | Rent Loss Coverage is Insufficient or Missing | Resolved-Received updated
HOI - Rent Loss Coverage is Sufficient - Due Diligence Vendor-07/01/2026 Ready for Review-Amend Homeowners Insurance Declarations - Due Diligence Vendor-06/30/2026 Open-Rent Loss Coverage is Insufficient or Missing. - Due Diligence Vendor-05/13/2026 |
Resolved-Received updated
HOI - Rent Loss Coverage is Sufficient - Due Diligence Vendor-07/01/2026 |
DSCR =/> 1.00 and
minimum is 0.85 or Less - Required is 0.75 Borrower has 1.664 Required is
0.75 Borrower has 1.664 LTV is less than guideline maximum - Required is 85 Borrower has 44.78 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 790 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9164537 | |||
| XXXX | 3115155 | C | A | A | A | C | A | A | A | Closed | finding-3635 | 2026-05-08 14:54 | 2026-05-27 11:38 | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That In Total Cannot Increase More Than 10% Test | Resolved-Upon further
review, the document(s) are located in original file, nothing further
required. - Due Diligence
Vendor-05/27/2026 Ready for Review-Page 1270 COC detail letter for change 04/17 referencing loan amount increased and updated estimate from escrow deed recording fees added total recording fee increased. Thank you! - Due Diligence Vendor-05/26/2026 Open-This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($XX) exceed the comparable charges ($XX) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi). ----- Ten (10%) tolerance fees (Recording Fee) increased by $XX without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of $XX, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Statute of Limitations - 3 Year(s); Expiration Date: XXXX. - Due Diligence Vendor-05/08/2026 |
Resolved-Upon further
review, the document(s) are located in original file, nothing further
required. - Due Diligence
Vendor-05/27/2026 |
LTV is less than guideline
maximum - Required is 70 Borrower has 60 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 780 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 9112139 | ||||
| XXXX | 3111276 | C | A | C | A | A | A | A | A | Closed | FCRE8013 | 2026-05-13 14:25 | 2026-05-18 11:16 | Resolved | 1 - Information | C | A | Credit | Eligibility | Purchase Contract Issue | Resolved-Received complete
Purchase Contract with addendums - Due Diligence Vendor-05/18/2026 Ready for Review-Uploaded purchase contract & addendums - Due Diligence Vendor-05/15/2026 Open-Loan Purpose is Purchase but Purchase Contract is only Partially Provided. - Due Diligence Vendor-05/13/2026 |
Resolved-Received complete
Purchase Contract with addendums - Due Diligence Vendor-05/18/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 11.71 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 795 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9181308 | |||
| XXXX | 3111276 | C | A | C | A | A | A | A | A | Closed | FCRE1205 | 2026-05-13 14:33 | 2026-05-18 11:15 | Resolved | 1 - Information | C | A | Credit | Eligibility | OFAC Check Not Completed and/or Cleared | Resolved-Received OFAC for
LLC, all clear - Due Diligence Vendor-05/18/2026 Ready for Review-Uploaded OFAC clearance. - Due Diligence Vendor-05/15/2026 Open-OFAC Check Not Completed and/or Cleared for the borrower's LLC business (vesting). - Due Diligence Vendor-05/13/2026 |
Resolved-Received OFAC for
LLC, all clear - Due Diligence Vendor-05/18/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 11.71 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 795 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9181488 | |||
| XXXX | 3116877 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | |||||||||||||||||||
| XXXX | 3111531 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | |||||||||||||||||||
| XXXX | 3115581 | D | A | D | A | A | A | A | A | Closed | FCRE1202 | 2026-05-14 12:01 | 2026-06-18 16:27 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report Partially Provided | Resolved-After further
review- the executed CD from the sale of XXXX reflects the borrower signed on
behalf of the LLC. Additionally the
“Exchange Agreement” specifically lists the borrower as the Individual
Exchangor. The “Application for
Certificate of Authority” when the LLC was created in 2022 lists the borrower as the ONLY
individual who has authority on the LLC. Also- as the funds were wired to
Title- further supports Brw had the authority to sell the property (funds
would not have been sent for closing if Brw did not). - Due Diligence Vendor-06/18/2026 Counter-Received SOS which reflects borrower as XXXX however does not provide % of ownership in LLC. Provide Operating Agreement to validate borrower has full access to sell properties in 1031 Exchange - Due Diligence Vendor-05/28/2026 Ready for Review-Evidence Borrower owner of LLC - Due Diligence Vendor-05/26/2026 Open-Third Party Fraud Report Partially Provided Fraud report did not indicate borrower owns property in 1031 exchange, (appears to be in an LLC) provide percentage of ownership in LLC and evidence borrower owns and has full access to sell property. - Due Diligence Vendor-05/14/2026 |
Resolved-After further
review- the executed CD from the sale of XXXX reflects the borrower signed on
behalf of the LLC. Additionally the
“Exchange Agreement” specifically lists the borrower as the Individual
Exchangor. The “Application for
Certificate of Authority” when the LLC was created in XXXX lists the borrower as the ONLY
individual who has authority on the LLC. Also- as the funds were wired to
Title- further supports Brw had the authority to sell the property (funds
would not have been sent for closing if Brw did not). - Due Diligence Vendor-06/18/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 620 Borrower has
677 LTV is less than guideline maximum - Required is 80 Borrower has 73.27 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9201982 | |||
| XXXX | 3115581 | D | A | D | A | A | A | A | A | Closed | FCRE1329 | 2026-05-14 11:40 | 2026-06-08 15:11 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Borrower 1 W2/1099 Less Than 24 Months Provided | Resolved-Received 2024
1099, review re-calculated income. - Due Diligence Vendor-06/08/2026 Ready for Review-2024 1099 with updated Income Calc - Due Diligence Vendor-06/05/2026 Ready for Review-2024 1099 with updated Income Calc/Docs - Due Diligence Vendor-06/05/2026 Open-Borrower 1 W2/1099 Less Than 24 Months Provided Provide 2024 1099, per guidelines 2 years 1099's are required, additional findings may apply. - Due Diligence Vendor-05/14/2026 |
Resolved-Received XXXX
1099, review re-calculated income. - Due Diligence Vendor-06/08/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 620 Borrower has
677 LTV is less than guideline maximum - Required is 80 Borrower has 73.27 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9201647 | |||
| XXXX | 3115581 | D | A | D | A | A | A | A | A | Closed | FCRE1152 | 2026-05-14 10:52 | 2026-05-28 12:25 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Received from
Attorney, Evidence of Property Tax - Due Diligence Vendor-05/28/2026 Ready for Review-Real Estate Tax Verification - Due Diligence Vendor-05/26/2026 Open-Missing Evidence of Property Tax - Due Diligence Vendor-05/14/2026 |
Resolved-Received from
Attorney, Evidence of Property Tax - Due Diligence Vendor-05/28/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 620 Borrower has
677 LTV is less than guideline maximum - Required is 80 Borrower has 73.27 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9199919 | |||
| XXXX | 3115581 | D | A | D | A | A | A | A | A | Closed | FCRE0044 | 2026-05-14 12:29 | 2026-05-28 12:18 | Resolved | 1 - Information | C | A | Credit | Eligibility | File does not contain LOX for credit inquiries | Resolved-Upon further
review, inquiries were from XX, no LOX required - Due Diligence
Vendor-05/28/2026 Ready for Review-Credit Report reflects no Inquiries - Due Diligence Vendor-05/26/2026 Open-LOX for credit inquiries is missing. (inquiries listed on the undisclosed debt report) additional findings may apply. - Due Diligence Vendor-05/14/2026 |
Resolved-Upon further
review, inquiries were from XXXX, no LOX required - Due Diligence
Vendor-05/28/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 620 Borrower has
677 LTV is less than guideline maximum - Required is 80 Borrower has 73.27 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9202463 | |||
| XXXX | 3117042 | D | B | D | A | C | B | A | A | Closed | FCRE0153 | 2026-06-05 16:20 | 2026-06-12 12:51 | Resolved | 1 - Information | D | A | Credit | Eligibility | Borrower 1 Gap Employment Letter Missing | Resolved-Received job gap
letter. - Due Diligence Vendor-06/12/2026 Ready for Review-Please see gap letter - Due Diligence Vendor-06/11/2026 Open-Per 1003 and work number last date of employment XXXX for Borrower. New employment start date XXXX. Provide an explanation supporting gap in employment from XXXX to meet guideline requirement. - Due Diligence Vendor-06/05/2026 |
Resolved-Received job gap
letter. - Due Diligence Vendor-06/12/2026 |
Residual Income =/> 1.5
times $XX monthly residual income - Excess Resid Inc Avail (+15k) Qualifying DTI below maximum allowed - Required is 50 Borrower has 38.9 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 9590638 | |||
| XXXX | 3117042 | D | B | D | A | C | B | A | A | Closed | finding-3634 | 2026-05-12 11:44 | 2026-06-01 09:54 | Cured | 2 - Non-Material | C | B | Compliance | TRID | Charges That Cannot Increase Test | Cured-Received copy of LOE
to borrower. Finding Resolved. - Due Diligence Vendor-06/01/2026 Ready for Review-Please see lox included with cure - Due Diligence Vendor-05/28/2026 Counter-Received PCCD XXXX, copy of check and shipping label. Need copy of LOE to borrower. - Due Diligence Vendor-05/26/2026 Ready for Review-Please see CURE - Due Diligence Vendor-05/22/2026 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 $XX.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). -----Zero (0%) tolerance fees increased by $XX (Transfer Taxes) without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of $XX, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Statute of Limitations - 3 Year(s); Expiration Date: XXXX. - Due Diligence Vendor-05/12/2026 |
Cured-Received copy of LOE
to borrower. Finding Resolved. - Due Diligence Vendor-06/01/2026 |
Residual Income =/> 1.5
times $XX monthly residual income - Excess Resid Inc Avail (+15k) Qualifying DTI below maximum allowed - Required is 50 Borrower has 38.9 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 9153728 | |||
| XXXX | 3117042 | D | B | D | A | C | B | A | A | Closed | FCRE5782 | 2026-05-14 10:11 | 2026-05-18 14:22 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Borrower 1 Gap
Credit Report is not missing. - Due Diligence Vendor-05/18/2026 Ready for Review-Please see Credit Look-back - Due Diligence Vendor-05/15/2026 Open-Borrower 1 Gap Credit Report is Missing Missing Updated Gap Rep - Due Diligence Vendor-05/14/2026 |
Resolved-Borrower 1 Gap
Credit Report is not missing. - Due Diligence Vendor-05/18/2026 |
Residual Income =/> 1.5
times $XX monthly residual income - Excess Resid Inc Avail (+15k) Qualifying DTI below maximum allowed - Required is 50 Borrower has 38.9 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 9198608 | |||
| XXXX | 3117042 | D | B | D | A | C | B | A | A | Closed | FCRE1510 | 2026-05-14 10:36 | 2026-05-18 14:06 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received DOT,
legal is within document. There are no issues present on the Mortgage
Document (Deed of Trust). - Due Diligence Vendor-05/18/2026 Ready for Review-Please see MTG with legal in body of MTG. - Due Diligence Vendor-05/15/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing Leg Desc - Due Diligence Vendor-05/14/2026 |
Resolved-Received DOT,
legal is within document. There are no issues present on the Mortgage
Document (Deed of Trust). - Due Diligence Vendor-05/18/2026 |
Residual Income =/> 1.5
times $XX monthly residual income - Excess Resid Inc Avail (+15k) Qualifying DTI below maximum allowed - Required is 50 Borrower has 38.9 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 9199457 | |||
| XXXX | 3117042 | D | B | D | A | C | B | A | A | Closed | FCOM1353 | 2026-05-12 11:18 | 2026-05-12 11:18 | Waived | 2 - Non-Material | B | B | Compliance | Disclosure | Incorrect ROR Form Type selected | Waived-The Incorrect ROR
Form Type is selected in light of the Same Creditor or Lender Affiliate
Refinance (The Right to Cancel Form Model is 'H8 (New Creditor)' and the Same Creditor or Lender Affiliate Refinance
selection is 'Yes'). -----ROR Form H8 acceptable in place of H9 form. Finding is deemed non-material. Originator
waiver applied to non-material findings - Due Diligence Vendor-05/12/2026 |
Waived-The Incorrect ROR
Form Type is selected in light of the Same Creditor or Lender Affiliate
Refinance (The Right to Cancel Form Model is 'H8 (New Creditor)' and the Same Creditor or Lender Affiliate Refinance
selection is 'Yes'). -----ROR Form H8 acceptable in place of H9 form. Finding is deemed non-material. Originator
waiver applied to non-material findings - Due Diligence Vendor-05/12/2026 |
Residual Income =/> 1.5
times $XX monthly residual income - Excess Resid Inc Avail (+15k) Qualifying DTI below maximum allowed - Required is 50 Borrower has 38.9 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | Originator Post-Close | No | 9152183 | ||||
| XXXX | 3116961 | 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 | |||||||||||||||||||
| XXXX | 3114948 | D | A | D | A | A | A | A | A | Closed | FCRE1440 | 2026-05-14 11:00 | 2026-05-26 12:38 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received
additional 5 months from previous housing for a total of 12 months verified.
Housing History Meets Guideline Requirements - Due Diligence
Vendor-05/26/2026 Ready for Review-prior lease attached all this should be in file already. - Due Diligence Vendor-05/22/2026 Counter-Received payment printout for previous rental. Missing VOR or lease to confirm terms. Review has current lease starting 8/2025 - Due Diligence Vendor-05/20/2026 Ready for Review-VOr - Due Diligence Vendor-05/19/2026 Counter-Received lease agreement w/ payment history for 8 months. Document 12 months housing history. Finding remains - Due Diligence Vendor-05/18/2026 Ready for Review-VOR - Due Diligence Vendor-05/15/2026 Open-Housing History Does Not Meet Guideline Requirements Missing Verification of rent for B1 and B2 primary residence. - Due Diligence Vendor-05/14/2026 |
Resolved-Received
additional 5 months from previous housing for a total of 12 months verified.
Housing History Meets Guideline Requirements - Due Diligence
Vendor-05/26/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 680 Borrower has 740
Required is 680 Borrower has 740 Qualifying DTI below maximum allowed - Required is 50 Borrower has 41.26 Required is 50 Borrower has 41.26 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9200119 | |||
| XXXX | 3114948 | D | A | D | A | A | A | A | A | Closed | FCRE1316 | 2026-05-14 10:36 | 2026-05-18 13:41 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Borrower 1 3rd
Party VOE Prior to Close Was Provided - Due Diligence Vendor-05/18/2026 Ready for Review-vvoe - Due Diligence Vendor-05/15/2026 Open-Borrower 1 3rd Party VOE Prior to Close Missing Missing Final VOE for B1. - Due Diligence Vendor-05/14/2026 |
Resolved-Borrower 1 3rd
Party VOE Prior to Close Was Provided - Due Diligence Vendor-05/18/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 680 Borrower has 740
Required is 680 Borrower has 740 Qualifying DTI below maximum allowed - Required is 50 Borrower has 41.26 Required is 50 Borrower has 41.26 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9199470 | |||
| XXXX | 3108135 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | |||||||||||||||||||
| XXXX | 3117195 | D | A | D | A | A | A | A | A | Closed | FCRE1202 | 2026-05-14 12:21 | 2026-05-20 09:17 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report Partially Provided | Resolved-Received evidence
of final cleared fraud report. - Due Diligence Vendor-05/20/2026 Ready for Review-05/18 MWM: Please see the attached documentation. The full fraud report has been provided that includes all information that's required to be sent. The full report provided includes the score all with all required information. - Due Diligence Vendor-05/18/2026 Open-Third Party Fraud Report Partially Provided Cleared findings and search page were included, but full report is required with score. - Due Diligence Vendor-05/14/2026 |
Resolved-Received evidence
of final cleared fraud report. - Due Diligence Vendor-05/20/2026 |
Months Reserves exceed
minimum required - Minm 3, Borrower has 13.78 Credit history exceeds minimum required - Borrower's credit history exceeds guideline requirements; tradeline requirements removed & borrower has tradelines with months reviewed up to 87 months. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9202288 | |||
| XXXX | 3117195 | D | A | D | A | A | A | A | A | Closed | FPRO1243 | 2026-05-14 12:32 | 2026-05-20 09:09 | Resolved | 1 - Information | D | A | Credit | Eligibility | Second Appraisal is Missing | Resolved-Received
confirmation seller acquired over 6 months and no 2nd appraisal
required. - Due Diligence
Vendor-05/20/2026 Ready for Review-05/18 MWM: please see the attached documentation. I've attached the purchase contract, chain of title and appraisal. Per the guidelines, a loan is considered property flipping if the purchase price has increased and the purchase contract is within 180 days. If its within 180 days a second appraisal would be required. According to the purchase contract the purchase agreement was signed XXXX and the loan was purchased by the seller XXXX. Because the difference between days is more than 180 days this is no longer considered a property flip. The appraisal and value used is within guidelines and a second appraisal wouldn't be required. - Due Diligence Vendor-05/18/2026 Open-Property is a flip & second appraisal was not provided. - Due Diligence Vendor-05/14/2026 |
Resolved-Received
confirmation seller acquired over 6 months and no 2nd appraisal
required. - Due Diligence
Vendor-05/20/2026 |
Months Reserves exceed
minimum required - Minm 3, Borrower has 13.78 Credit history exceeds minimum required - Borrower's credit history exceeds guideline requirements; tradeline requirements removed & borrower has tradelines with months reviewed up to 87 months. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9202516 | |||
| XXXX | 3114936 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | |||||||||||||||||||
| XXXX | 3115812 | C | A | C | A | A | A | A | A | Closed | FCRE2244 | 2026-05-14 14:13 | 2026-06-12 12:41 | Resolved | 1 - Information | C | A | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Resolved-Received 1004 D
confirming detectors installed. - Due
Diligence Vendor-06/12/2026 Ready for Review-Please see attached. - Due Diligence Vendor-06/11/2026 Open-Property Issues are identified for the property Per Appraiser: NO CO detectors, NO smoke detectors & is a state requirement. - Due Diligence Vendor-05/14/2026 |
Resolved-Received 1004 D
confirming detectors installed. - Due
Diligence Vendor-06/12/2026 |
LTV is less than guideline
maximum - Required is 80 Borrower has 75 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 799 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9204743 | |||
| XXXX | 3115812 | C | A | C | A | A | A | A | A | Closed | FCRE1509 | 2026-05-19 16:51 | 2026-06-02 14:06 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Note Document | Resolved-Received fully
executed PP Addendum to Note - Due Diligence Vendor-06/02/2026 Ready for Review-Note Addendum - Due Diligence Vendor-05/29/2026 Counter-Tracking provided. Pending receipt of the addendum. - Due Diligence Vendor-05/22/2026 Ready for Review-PPP Addendum Tracking - Due Diligence Vendor-05/21/2026 Open-The Note is Incomplete Missing PPP Addendum. - Due Diligence Vendor-05/19/2026 |
Resolved-Received fully
executed PP Addendum to Note - Due Diligence Vendor-06/02/2026 |
LTV is less than guideline
maximum - Required is 80 Borrower has 75 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 799 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9286342 | |||
| XXXX | 3115812 | C | A | C | A | A | A | A | A | Closed | FCRE1254 | 2026-05-14 14:02 | 2026-05-22 15:05 | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Received
confirmation from title loan was paid and Final Title provided. - Due
Diligence Vendor-05/22/2026 Ready for Review-Title LOE with Loan Policy - Due Diligence Vendor-05/21/2026 Open-Property Title Issue Schedule B, Part II #11 shows mortgage from prior sales transaction between new seller & old owner (XXXX). Comments astate DOT appears to be paid in full. However the company finds no evidence of a Deed of Reconveyance. Please provide updated title document that reflects #11 has been eliminated. - Due Diligence Vendor-05/14/2026 |
Resolved-Received
confirmation from title loan was paid and Final Title provided. - Due
Diligence Vendor-05/22/2026 |
LTV is less than guideline
maximum - Required is 80 Borrower has 75 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 799 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9204526 | |||
| XXXX | 3116454 | 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 | |||||||||||||||||||
| XXXX | 3116505 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | |||||||||||||||||||
| XXXX | 3117249 | D | A | D | A | A | A | A | A | Closed | FCRE6019 | 2026-05-15 14:54 | 2026-06-10 16:42 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Citizenship Documentation Not Provided | Resolved-Received back of
the EAD card. - Due Diligence Vendor-06/10/2026 Ready for Review-Back copy of EAD card - Due Diligence Vendor-06/09/2026 Open-Borrower Citizenship Documentation Is Missing Provide copy of back portion of Employment Authorization Card. - Due Diligence Vendor-05/15/2026 |
Resolved-Received back of
the EAD card. - Due Diligence Vendor-06/10/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 660 Borrower has
760 LTV is less than guideline maximum - Required is 75 Borrower has 65.66 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 9225446 | |||
| XXXX | 3117249 | D | A | D | A | A | A | A | A | Closed | FCRE2244 | 2026-05-15 15:08 | 2026-06-01 13:52 | Resolved | 1 - Information | C | A | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Resolved-After further
review- As the appraiser did not report the absence of detectors and
appraisal is made As Is with no safety deficiencies noted- no further
commentary is required. - Due
Diligence Vendor-06/01/2026 Ready for Review-Please have this condition escalated. This is a DSCR that follows XXXX guidelines. The appraisal report was made AS IS, meaning that the appraiser did not make it subject to which means that no health and safety issues were indicated as present. XXXX has no further guidelines to confirm this another degree. The appraiser added a covering statemen that smoke and CO detectors must remain in the home under state law. The appraiser is not required to make further statements in regard to this and is not per guidelines to place any additional commentary on the report. It is assumed that since the report is 'as is', health and safety issues are not present. Please remove this invalid condition' - Due Diligence Vendor-06/01/2026 Counter-Appraiser commentary: The subject property borrower should ensure CO/smoke detectors are installed and stay in the home to ensure the property meets XXXX state law. XXXX laws state CO and Smoke Detectors are required regardless of age of home. Appraiser does not state whether these are installed or not however due to the comment above Appraiser to advise if they are. - Due Diligence Vendor-05/27/2026 Ready for Review-XX disagrees. The appraiser’s verbiage about Smoke and CO detector(s) is ‘not’ requiring these items to be installed. Please see uploaded rebuttal - Due Diligence Vendor-05/22/2026 Open-Property Issues are identified for the property The subject property should have CO/smoke detectors installed and stay in the home to ensure the property meets XXXX state law. - Due Diligence Vendor-05/15/2026 |
Resolved-After further
review- As the appraiser did not report the absence of detectors and
appraisal is made As Is with no safety deficiencies noted- no further
commentary is required. - Due
Diligence Vendor-06/01/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 660 Borrower has
760 LTV is less than guideline maximum - Required is 75 Borrower has 65.66 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 9225896 | |||
| XXXX | 3115008 | C | A | C | A | A | A | A | A | Closed | FCRE1148 | 2026-05-18 10:27 | 2026-05-20 16:18 | Resolved | 1 - Information | C | A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received updated
preliminary title reflecting sufficient coverage. - Due Diligence
Vendor-05/20/2026 Ready for Review-Title Policy - Due Diligence Vendor-05/19/2026 Ready for Review-Final SS showing the correct Loan will appear on the Title Policy - Due Diligence Vendor-05/19/2026 Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). - Due Diligence Vendor-05/18/2026 |
Resolved-Received updated
preliminary title reflecting sufficient coverage. - Due Diligence
Vendor-05/20/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 660 Borrower has 782
Required is 660 Borrower has 782 LTV is less than guideline maximum - Required is 75 Borrower has 64.97 Required is 75 Borrower has 64.97 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 9249551 | |||
| XXXX | 3117858 | D | B | D | B | D | A | A | A | Closed | FCOM1224 | 2026-05-15 09:55 | 2026-07-15 16:19 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Condo Rider is Missing | Resolved-Received
re-recorded mortgage corrected with a copy of Condo Rider. Finding Resolved.
- Due Diligence Vendor-07/13/2026 Ready for Review-Condo Rider Docs - Due Diligence Vendor-07/10/2026 Open-Condo Rider is Missing - Due Diligence Vendor-05/15/2026 |
Resolved-Received
re-recorded mortgage corrected with a copy of Condo Rider. Finding Resolved.
- Due Diligence Vendor-07/13/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 700 Borrower has 742
Required is 700 Borrower has 742 Qualifying DTI below maximum allowed - Required is 50 Borrower has 28.3 Required is 50 Borrower has 28.3 |
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 | 9218503 | |||
| XXXX | 3117858 | D | B | D | B | D | A | A | A | Closed | FPRO1256 | 2026-05-15 09:55 | 2026-07-15 16:19 | Resolved | 1 - Information | D | A | Credit | Eligibility | HOA Questionnaire Document is Partially Provided | Resolved-HOA Questionnaire
was provided. - Due Diligence Vendor-06/04/2026 Ready for Review-Questionnaire - Due Diligence Vendor-06/03/2026 Open-Subject Property is part of an HOA but the HOA Questionnaire Document is only Partially Provided. questionnaire is required - not aa 2-4 unit project - Due Diligence Vendor-05/15/2026 |
Resolved-HOA Questionnaire
was provided. - Due Diligence Vendor-06/04/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 700 Borrower has 742
Required is 700 Borrower has 742 Qualifying DTI below maximum allowed - Required is 50 Borrower has 28.3 Required is 50 Borrower has 28.3 |
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 | 9218504 | |||
| XXXX | 3117858 | D | B | D | B | D | A | A | A | Closed | FCRE0053 | 2026-05-15 09:55 | 2026-07-15 16:19 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Rider Missing based on Property Type selected | Resolved-Received recorded
security instrument with Condo Rider - Due Diligence Vendor-07/14/2026 Ready for Review-Condo Rider Docs - Due Diligence Vendor-07/10/2026 Open-Rider Missing from DOT screen based on Property Type selected on Property Page. Condo rider - Due Diligence Vendor-05/15/2026 |
Resolved-Received recorded
security instrument with Condo Rider - Due Diligence Vendor-07/14/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 700 Borrower has 742
Required is 700 Borrower has 742 Qualifying DTI below maximum allowed - Required is 50 Borrower has 28.3 Required is 50 Borrower has 28.3 |
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 | 9218505 | |||
| XXXX | 3117858 | D | B | D | B | D | A | A | A | Closed | finding-3352 | 2026-05-13 14:45 | 2026-07-15 10:54 | Resolved | 1 - Information | C | A | Compliance | Points & Fees | Higher-Priced Mortgage Loan Test | Resolved-Loan contains
full appraisal and escrows, meeting HPML compliance. - Due Diligence
Vendor-07/15/2026 Open-This loan failed the higher-priced mortgage loan test. ( 12 CFR § 1026.35(a)(1) )Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. - Due Diligence Vendor-05/13/2026 |
Resolved-Loan contains full
appraisal and escrows, meeting HPML compliance. - Due Diligence
Vendor-07/15/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 700 Borrower has 742
Required is 700 Borrower has 742 Qualifying DTI below maximum allowed - Required is 50 Borrower has 28.3 Required is 50 Borrower has 28.3 |
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 | 9181821 | ||||
| XXXX | 3117858 | D | B | D | B | D | A | A | A | Closed | FCRE1510 | 2026-05-13 13:58 | 2026-07-14 11:05 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Third page of the
PUD Rider was provided. - Due Diligence Vendor-06/04/2026 Ready for Review-PUD Rider - Due Diligence Vendor-06/03/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. MISSING PAGE 3 OF PUD RIDER - Due Diligence Vendor-05/13/2026 |
Resolved-Third page of the
PUD Rider was provided. - Due Diligence Vendor-06/04/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 700 Borrower has 742
Required is 700 Borrower has 742 Qualifying DTI below maximum allowed - Required is 50 Borrower has 28.3 Required is 50 Borrower has 28.3 |
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 | 9180663 | |||
| XXXX | 3117858 | D | B | D | B | D | A | A | A | Closed | FCRE5782 | 2026-05-18 08:57 | 2026-06-16 13:29 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Upon further
review, Credit Monitoring is not a guideline requirement. - Due Diligence
Vendor-06/16/2026 Ready for Review-06/12 XXXX have a guideline requiring a gap credit report. Compensating Factors: Borrower's credit score of 742 > 2p points over the program floor (700), same employment ≥ 5 years and reserves ≥ 6mos above program minimum. Please clear finding. - Due Diligence Vendor-06/13/2026 Counter-Original credit report was provided. Please provide a gap credit report. - Due Diligence Vendor-06/04/2026 Ready for Review-Gap CR - Due Diligence Vendor-06/03/2026 Open-Borrower 1 Gap Credit Report is Missing Missing GAP Credit within 10 days of closing. - Due Diligence Vendor-05/18/2026 |
Resolved-Upon further
review, Credit Monitoring is not a guideline requirement. - Due Diligence
Vendor-06/16/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 700 Borrower has 742
Required is 700 Borrower has 742 Qualifying DTI below maximum allowed - Required is 50 Borrower has 28.3 Required is 50 Borrower has 28.3 |
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 | 9247953 | |||
| XXXX | 3117858 | D | B | D | B | D | A | A | A | Closed | FCRE1440 | 2026-05-18 08:57 | 2026-06-04 12:57 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Rent free letter
was provided. - Due Diligence Vendor-06/04/2026 Ready for Review-Rent Free Letter - Due Diligence Vendor-06/03/2026 Open-Housing History Does Not Meet Guideline Requirements Missing Rent free letter - Due Diligence Vendor-05/18/2026 |
Resolved-Rent free letter
was provided. - Due Diligence Vendor-06/04/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 700 Borrower has 742
Required is 700 Borrower has 742 Qualifying DTI below maximum allowed - Required is 50 Borrower has 28.3 Required is 50 Borrower has 28.3 |
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 | 9247951 | |||
| XXXX | 3117858 | D | B | D | B | D | A | A | A | Closed | FCRE1173 | 2026-05-15 10:02 | 2026-06-04 12:53 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Condo Master Insurance Policy is Missing | Resolved-Master insurance
policy was provided with XX coverage. - Due Diligence Vendor-06/04/2026 Ready for Review-Condo Master Policy - Due Diligence Vendor-06/03/2026 Open-Missing Condo Master Insurance Policy including XX Coverage. - Due Diligence Vendor-05/15/2026 |
Resolved-Master insurance
policy was provided with XXXX coverage. - Due Diligence Vendor-06/04/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 700 Borrower has 742
Required is 700 Borrower has 742 Qualifying DTI below maximum allowed - Required is 50 Borrower has 28.3 Required is 50 Borrower has 28.3 |
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 | 9218607 | |||
| XXXX | 3117858 | D | B | D | B | D | A | A | A | Closed | FCRE5809 | 2026-05-15 10:23 | 2026-06-04 12:45 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing evidence of self employment | Resolved-Business
narrative was provided. - Due Diligence Vendor-06/04/2026 Ready for Review-Business Narritive - Due Diligence Vendor-06/03/2026 Open-missing written business narrative. - Due Diligence Vendor-05/15/2026 |
Resolved-Business narrative
was provided. - Due Diligence Vendor-06/04/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 700 Borrower has 742
Required is 700 Borrower has 742 Qualifying DTI below maximum allowed - Required is 50 Borrower has 28.3 Required is 50 Borrower has 28.3 |
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 | 9218967 | |||
| XXXX | 3117858 | D | B | D | B | D | A | A | A | Closed | FCRE1505 | 2026-05-18 08:57 | 2026-05-18 09:10 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Tradelines do not meet Guideline Requirements | Waived-Client exception
granted to allow Borrower dies not meet the minimum tradeline requriements,
Non-material waiver applied with comp factors. non-material due to FICO and
Employment. - Due Diligence Vendor-05/18/2026 Open-The Tradelines for the borrower(s) do not meet the guideline requirements. Borrower only has two tradelines. Exception in the file. - Due Diligence Vendor-05/18/2026 |
Waived-Client exception
granted to allow Borrower dies not meet the minimum tradeline requriements,
Non-material waiver applied with comp factors. non-material due to FICO and
Employment. - Due Diligence Vendor-05/18/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 700 Borrower has 742
Required is 700 Borrower has 742 Qualifying DTI below maximum allowed - Required is 50 Borrower has 28.3 Required is 50 Borrower has 28.3 |
FICO - Employment > 5 years. | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Purchase | NA | Investor Post-Close | No | 9247952 | |||
| XXXX | 3113157 | C | A | C | A | A | A | A | A | Closed | FCRE1148 | 2026-05-19 09:28 | 2026-06-03 12:48 | Resolved | 1 - Information | C | A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Title Coverage
Amount of XXXX was provided. - Due Diligence Vendor-06/03/2026 Ready for Review-please see attahed doc Jk - Due Diligence Vendor-06/02/2026 Counter-Title insurance cannot be downgraded. Coverage needs to be corrected with the title company or a principle reduction to the loan for the XXXX shortage. - Due Diligence Vendor-05/26/2026 Ready for Review-05/20 XXXX Please downgrade to EV2/B finding. - Due Diligence Vendor-05/20/2026 Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien: Coverage per title XXXX vs Loan Amount XXXX - Due Diligence Vendor-05/19/2026 |
Resolved-Title Coverage
Amount of XXXX was provided. - Due Diligence Vendor-06/03/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 680 Borrower has
784 LTV is less than guideline maximum - Required is 80 Borrower has 75 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 9272893 | |||
| XXXX | 3113157 | C | A | C | A | A | A | A | A | Closed | FCRE1510 | 2026-05-19 09:04 | 2026-06-03 12:45 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Legal description
from DOT was provided. - Due Diligence Vendor-06/03/2026 Ready for Review-please see attached doc XXXX - Due Diligence Vendor-06/02/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Legal description is missing from DOT. - Due Diligence Vendor-05/19/2026 |
Resolved-Legal description
from DOT was provided. - Due Diligence Vendor-06/03/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 680 Borrower has
784 LTV is less than guideline maximum - Required is 80 Borrower has 75 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 9272475 | |||
| XXXX | 3117363 | D | A | D | A | C | A | A | A | Closed | FCRE7497 | 2026-05-20 10:53 | 2026-05-28 11:25 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received Mortgage
Statement reflecting escrow. - Due
Diligence Vendor-05/28/2026 Ready for Review-5/28 MM: Please see attached document - Due Diligence Vendor-05/28/2026 Open-Missing mortgage statement on property 3B to verify if payment is escrowed. If not, missing verification of taxes, insurance and any HOA dues, if applicable - Due Diligence Vendor-05/20/2026 |
Resolved-Received Mortgage
Statement reflecting escrow. - Due
Diligence Vendor-05/28/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 620 Borrower has
786 LTV is less than guideline maximum - Required is 75 Borrower has 67.01 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 9299807 | |||
| XXXX | 3117363 | D | A | D | A | C | A | A | A | Closed | FCRE6618 | 2026-05-20 11:04 | 2026-05-27 15:23 | Resolved | 1 - Information | C | A | Credit | Borrower | Borrower information on 1003 is incomplete | Resolved-Upon further
review, bank statement loans are not required to show employment but does
need to reflect other income. - Due Diligence Vendor-05/27/2026 Ready for Review-5/26 MM: Bank Statement XXXX loans are designed for self-employed borrowers who qualify using bank statements rather than traditional income documentation. The program focuses on analyzing 12 or 24 months of consecutive bank statements to determine qualifying income. There is no employment info that is required to be listed on the loan application - Due Diligence Vendor-05/26/2026 Counter-Finding remains. Employment is to be reflected on the 1003 for all borrowers for all types with the exception of DSCR loans. - Due Diligence Vendor-05/26/2026 Ready for Review-5/21 MM: The borrowers are qualifying using business bank statements for qualification. Since this is not a traditional income type it does not reflect on the loan application - Due Diligence Vendor-05/21/2026 Open-Missing both borrowers' employment information with XXXX on the 1003 Employment section - Due Diligence Vendor-05/20/2026 |
Resolved-Upon further
review, bank statement loans are not required to show employment but does
need to reflect other income. - Due Diligence Vendor-05/27/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 620 Borrower has
786 LTV is less than guideline maximum - Required is 75 Borrower has 67.01 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 9300118 | ||||
| XXXX | 3117363 | D | A | D | A | C | A | A | A | Closed | FCRE7347 | 2026-05-20 10:54 | 2026-05-26 10:48 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Lease Agreement | Resolved-Received lease
for REO 3b, validates rental amount and term of 2 years, valid until 7/2026 -
Due Diligence Vendor-05/26/2026 Ready for Review-5/21 MM: Please see attached lease agreement - Due Diligence Vendor-05/21/2026 Open-Missing lease agreement on property 3B for XXXX/mos - Due Diligence Vendor-05/20/2026 |
Resolved-Received lease for
REO 3b, validates rental amount and term of 2 years, valid until 7/2026 - Due
Diligence Vendor-05/26/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 620 Borrower has
786 LTV is less than guideline maximum - Required is 75 Borrower has 67.01 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 9299850 | |||
| XXXX | 3117363 | D | A | D | A | C | A | A | A | Closed | FCRE1510 | 2026-05-19 13:04 | 2026-05-26 10:42 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received pg 3 of
the DOT. There are no issues present on the Mortgage Document (Deed of
Trust). - Due Diligence Vendor-05/26/2026 Ready for Review-5/22 MM: Please see attached document - Due Diligence Vendor-05/22/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Pg 3 of DOT is missing - Due Diligence Vendor-05/19/2026 |
Resolved-Received pg 3 of
the DOT. There are no issues present on the Mortgage Document (Deed of
Trust). - Due Diligence Vendor-05/26/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 620 Borrower has
786 LTV is less than guideline maximum - Required is 75 Borrower has 67.01 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 9279371 | |||
| XXXX | 3117363 | D | A | D | A | C | A | A | A | Closed | finding-3652 | 2026-05-18 09:30 | 2026-05-22 08:46 | Resolved | 1 - Information | C | A | Compliance | TRID | Lender Credits That Cannot Decrease Test | Resolved-Received copy of
COC for product change that effected lenders credit not listed on the COC.
Finding Resolved. - Due Diligence Vendor-05/22/2026 Ready for Review-CT 5/21: Please see attached Rate Lock sheets, Change in Circumstance form, and corresponding disclosure. On 4-28 the program changed, affecting the LLPA, negative pricing of -XXXX8 disclosed on the 4-30 CD. Cited lender credit of XXXX was a positive benefit to the borrower. - Due Diligence Vendor-05/21/2026 Open-This loan failed the lender credits that cannot decrease 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). The final sum of specific and non-specific lender credits (XXXX) does not exceed or equal the comparable sum of specific and non-specific lender credits (XXXX). Please see the 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). ----- Lender credit decreased from XXXX without a valid COC in file. Provide a COC for decrease OR evidence of refund to borrower or principal reduction in the amount of $XX, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Reduction in Lender credits must be directly related to fees and must offset closing cost equally. Remediation options (1) within 60 days of consummation expires XXXX (2) within 60 days of discovery expires XXXX remains EV2B under TILA 130(b) (3) After 60 days of discovery, no cure, Statute of Limitations - 3 Years; Expiration Date: XXXX remains EV3C - Due Diligence Vendor-05/18/2026 |
Resolved-Received copy of
COC for product change that effected lenders credit not listed on the COC.
Finding Resolved. - Due Diligence Vendor-05/22/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 620 Borrower has
786 LTV is less than guideline maximum - Required is 75 Borrower has 67.01 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 9248472 | |||
| XXXX | 3110001 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | |||||||||||||||||||
| XXXX | 3119466 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | |||||||||||||||||||
| XXXX | 3117477 | D | A | D | A | A | A | A | A | Closed | FCRE1510 | 2026-05-19 10:37 | 2026-05-28 15:34 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Ex A
Legal Description, There are no issues present on the Mortgage Document (Deed
of Trust). - Due Diligence Vendor-05/28/2026 Ready for Review-Security Instrument - Due Diligence Vendor-05/27/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Legal description is missing from DOT. - Due Diligence Vendor-05/19/2026 |
Resolved-Received Ex A
Legal Description, There are no issues present on the Mortgage Document (Deed
of Trust). - Due Diligence Vendor-05/28/2026 |
LTV is less than guideline
maximum - Required is 80 Borrower has 75 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 778 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9274661 | |||
| XXXX | 3117477 | D | A | D | A | A | A | A | A | Closed | FCRE6019 | 2026-05-19 10:41 | 2026-05-22 15:10 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Citizenship Documentation Not Provided | Resolved-The back of the
permanent ID card is not required as all required information is present on
the front of the card. - Due Diligence Vendor-05/22/2026 Ready for Review-05/21 XXXX guidelines do not mandate a copy of the back of the green card. Please escalate to clear finding. - Due Diligence Vendor-05/22/2026 Counter-Back of the card is required to verify the form type. - Due Diligence Vendor-05/21/2026 Ready for Review-05/20 MWM: please see the attached documentation. I've attached the copy of the Permanent resident ID card. Please note that per the guidelines we must obtain the unexpired permanent resident ID card with a photo of the borrower and all required information. The back of the permanent ID card is not required as all required information is present on the front of the card. - Due Diligence Vendor-05/20/2026 Open-Borrower Citizenship Documentation Is Missing Provide back copy of Permanent Resident Card. - Due Diligence Vendor-05/19/2026 |
Resolved-The back of the
permanent ID card is not required as all required information is present on
the front of the card. - Due Diligence Vendor-05/22/2026 |
LTV is less than guideline
maximum - Required is 80 Borrower has 75 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 778 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9274725 | |||
| XXXX | 3113253 | D | A | D | A | A | A | A | A | Closed | FCRE1152 | 2026-05-19 20:35 | 2026-05-22 10:21 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Received
originator's calculation. Updated XXXX to match final CD. Evidence of
Property Tax is present - Due Diligence Vendor-05/22/2026 Ready for Review-evidence of property tax - Due Diligence Vendor-05/20/2026 Open-Missing Evidence of Property Tax Missing lender calculation worksheet used to formulate the qualifying property taxes. - Due Diligence Vendor-05/20/2026 |
Resolved-Received
originator's calculation. Updated XXXX to match final CD. Evidence of
Property Tax is present - Due Diligence Vendor-05/22/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 660 Borrower has
755 Qualifying DTI below maximum allowed - Required is 50 Borrower has 39.91 LTV is less than guideline maximum - Required is 90 Borrower has 85 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9289342 | |||
| XXXX | 3116349 | D | A | D | A | A | A | A | A | Closed | FCRE0700 | 2026-05-18 16:47 | 2026-05-28 14:11 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Closing Detail Statement Document is Missing | Resolved-Received final
fully executed CD w/ release of liens - Due Diligence Vendor-05/28/2026 Ready for Review-05/27 MWM: please see the attached documentation. I've attached the release and partial release of liens that were recorded and will support being removed from the final title policy. The property description supports our subject and we can confirm that the only lien against the property will be the subject mortgage through this transaction. With the seller releases we have documented evidence our lien will be the only lien listed on the property. - Due Diligence Vendor-05/27/2026 Counter-Please provide a copy of the recorded releases. - Due Diligence Vendor-05/22/2026 Ready for Review-05/21 MWM: Please see the attached documentation. I've attached the signed buyer CD for the subject property. Please note that while the title does have additional items listed on #5-#7, these do belong to the seller and they're not against our borrower and will be removed from the final title policy. While the final title policy is still currently pending and not fully completed, title was able to confirm that all the current liens listed will be removed and this is the only lien that will remain on the final title policy. Because our lien position will not be impacted and the liens belong to the seller, we meet the current guidelines. - Due Diligence Vendor-05/21/2026 Open-Closing Detail Statement Document is Missing and subject property is an Investment property. Final CD provided was not signed by borrower. Schedule C #5, 6 & 7 show as debt owed, but is not reflected on Final/Seller CD. Provide Title Supplement showing they are ommitted from Title Policy. - Due Diligence Vendor-05/18/2026 |
Resolved-Received final
fully executed CD w/ release of liens - Due Diligence Vendor-05/28/2026 |
On time mortgage history
exceeds guideline requirement - Borrower has 0x30x55 months mortgage payment
history. Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 745 Required is 700 Borrower has 745 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9262415 | |||
| XXXX | 3116349 | D | A | D | A | A | A | A | A | Closed | FCRE0197 | 2026-05-16 13:37 | 2026-05-28 13:56 | Resolved | 1 - Information | C | A | Credit | Eligibility | The Final SELLER CD/HUD is missing | Resolved-Received fully
executed seller CD with recorded releases - Due Diligence Vendor-05/28/2026
Ready for Review-05/27 MWM: please see the attached documentation. I've attached the release of liens and the seller CD. With the releases we have documented that the seller liens have been addressed and the only lien listed for the subject property is our borrowers from this transaction. - Due Diligence Vendor-05/27/2026 Counter-Pending receipt of the recorded releases. - Due Diligence Vendor-05/22/2026 Ready for Review-05/21 MWM: please see the attached seller CD that's fully executed by all required parties. - Due Diligence Vendor-05/21/2026 Open-FINAL CD IS NOT EXECUTED - Due Diligence Vendor-05/16/2026 |
Resolved-Received fully
executed seller CD with recorded releases - Due Diligence
Vendor-05/28/2026 |
On time mortgage history
exceeds guideline requirement - Borrower has 0x30x55 months mortgage payment
history. Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 745 Required is 700 Borrower has 745 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9239630 | |||
| XXXX | 3106188 | C | A | C | A | A | A | A | A | Closed | FCRE1510 | 2026-05-18 10:24 | 2026-06-03 13:13 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Legal with DOT
was provided. - Due Diligence Vendor-06/03/2026 Ready for Review-6/2 SW- see attached - Due Diligence Vendor-06/02/2026 Counter-Please provide Ex A Legal Description that was recorded with mortgage. Document provided is the 1st page of the Title Commitment. Finding remains, other conditions may apply - Due Diligence Vendor-05/28/2026 Ready for Review-5/27 SW- see attached - Due Diligence Vendor-05/27/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. DOT is missing legal description - Due Diligence Vendor-05/18/2026 |
Resolved-Legal with DOT was
provided. - Due Diligence Vendor-06/03/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 700 Borrower has
791 Months Reserves exceed minimum required - Minm 3, Borrower has 26.16 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 9249476 | |||
| XXXX | 3106188 | C | A | C | A | A | A | A | A | Closed | FCRE1206 | 2026-05-18 11:01 | 2026-05-21 15:50 | Resolved | 1 - Information | C | A | Credit | Eligibility | All Interested Parties Not Checked with Exclusionary Lists | Resolved-Received updated
Fraud Report. - Due Diligence Vendor-05/21/2026 Ready for Review-05/20 MWM: please see the attached documentation. I've attached the fraud report that includes the non-borrower. Please see that the non-borrower has been ran through all required lists and clear of any red flags or exclusionary list hits. - Due Diligence Vendor-05/20/2026 Open-All Interested Parties Not Checked with Exclusionary Lists Non-Borrower title holder XXXX was not included in watchlist report search. - Due Diligence Vendor-05/18/2026 |
Resolved-Received updated
Fraud Report. - Due Diligence Vendor-05/21/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 700 Borrower has
791 Months Reserves exceed minimum required - Minm 3, Borrower has 26.16 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 9250514 | |||
| XXXX | 3117138 | C | A | C | A | A | A | A | A | Closed | FCRE1148 | 2026-05-18 09:11 | 2026-06-01 16:28 | Resolved | 1 - Information | C | A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Title Coverage
Amount of XXXX is sufficient based on the type of subject lien - Due
Diligence Vendor-06/01/2026 Ready for Review-5/29 RF please see attached please clear thank you - Due Diligence Vendor-05/29/2026 Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). Title coverage was not disclosed on Title Policy. - Due Diligence Vendor-05/18/2026 |
Resolved-Title Coverage
Amount of XXXX is sufficient based on the type of subject lien - Due
Diligence Vendor-06/01/2026 |
LTV is less than guideline
maximum - Required is 80 Borrower has 75 Required is 80 Borrower has 75 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 745 Required is 680 Borrower has 745 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9248122 | |||
| XXXX | 3117138 | C | A | C | A | A | A | A | A | Closed | FCRE1206 | 2026-05-18 09:54 | 2026-05-22 10:24 | Resolved | 1 - Information | C | A | Credit | Eligibility | All Interested Parties Not Checked with Exclusionary Lists | Resolved-Received updated
Fraud report, All Interested Parties Checked against Exclusionary Lists - Due
Diligence Vendor-05/22/2026 Ready for Review-05/21 MWM: please see the attached documentation. I've attached the Fraud report that confirms the party is free of any red flags and not included on any exclusionary lists - Due Diligence Vendor-05/21/2026 Open-All Interested Parties Not Checked with Exclusionary Lists Non-Borrower was not included in fraud report search. - Due Diligence Vendor-05/18/2026 |
Resolved-Received updated
Fraud report, All Interested Parties Checked against Exclusionary Lists - Due
Diligence Vendor-05/22/2026 |
LTV is less than guideline
maximum - Required is 80 Borrower has 75 Required is 80 Borrower has 75 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 745 Required is 680 Borrower has 745 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9248885 | |||
| XXXX | 3116835 | D | A | D | A | C | A | A | A | Closed | FCRE1440 | 2026-05-19 19:17 | 2026-06-10 08:46 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received Rent
Free LOE. - Due Diligence Vendor-05/22/2026 Ready for Review-05/21 MWM: please see the attached documentation. I've attached the letter of explanation to confirm that the borrower was living rent free. Per the guidelines the borrower can be living rent free as long as a letter was provided to confirm the 12 month history. Based on the letter provided, the borrower was living rent free since 12/2024 and the full history is supported. - Due Diligence Vendor-05/21/2026 Open-Housing History Does Not Meet Guideline Requirements Missing documentation which evidences most recent 12 months primary housing payment history as required per guidelines, including, but not limited to letter from property owner. Exception not found, other findings may apply. - Due Diligence Vendor-05/19/2026 |
Resolved-Received Rent Free
LOE. - Due Diligence Vendor-05/22/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 660 Borrower has
748 Qualifying DTI below maximum allowed - Required is 50 Borrower has 43.95 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9288962 | |||
| XXXX | 3116835 | D | A | D | A | C | A | A | A | Closed | FCRE1510 | 2026-05-18 13:15 | 2026-06-02 14:03 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Ex A
legal description, There are no issues present on the Mortgage Document (Deed
of Trust). - Due Diligence Vendor-06/02/2026 Ready for Review-Security Instrument - Due Diligence Vendor-06/01/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Legal Description referenced as attached to Security Instrument is not included within the document or riders. - Due Diligence Vendor-05/18/2026 |
Resolved-Received Ex A
legal description, There are no issues present on the Mortgage Document (Deed
of Trust). - Due Diligence Vendor-06/02/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 660 Borrower has
748 Qualifying DTI below maximum allowed - Required is 50 Borrower has 43.95 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9255239 | |||
| XXXX | 3116835 | D | A | D | A | C | A | A | A | Closed | FCRE8887 | 2026-05-22 09:31 | 2026-05-29 16:45 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing or Incomplete 1003 | Resolved-Received
corrected final 1003 - Due Diligence Vendor-05/29/2026 Ready for Review-05/28 MWM: Please see the attached documentation. I've attached the loan application with the employment history filled out. - Due Diligence Vendor-05/28/2026 Counter-Received updated 1003 with income noted under Other Income which Self Employment is not listed as an option. Current Employment Self Employment and Income 1b is marked Does Not Apply. Finding remains. - Due Diligence Vendor-05/26/2026 Ready for Review-05/26 MWM: Please see the attached documentation. Because the borrower is qualifying using bank statements as income and not traditional employment, the final 1003 will not be broken out as standard employment income and will only be listed as "other income" as paystub/W2's are not being used and the tax returns aren't being used to calculate. Because this is standard for all loans qualifying using bank statements, the loan app lines up with all bank statement products. To ensure that the self-employed business thats listed on the assets meets the 24 month requirements, I've attached a letter confirming how long the business has been opened. With this the full history can be documented and since the income is "other income" and not standard employment it must be listed as "other income" on the 1003. Our current 1003 is within the required guidelines. - Due Diligence Vendor-05/26/2026 Counter-Client Comments - 05/21 MWM: Please see the attached final 1003. Please note that the loan application doesn't list the business and employers contact information as the borrower is not using standard employment income to calculate. The income is calculated on the borrowers bank statements based on the self-employment. The borrower is not using standard income calculations and the income is supported through the bank statements. Since there is no employer, the employment contact information will not be listed on the final 1003. - AUDIT Response - For securitization, a minimum of 24 months employment history is required to be disclosed on the 1003. Finding remains. - Due Diligence Vendor-05/22/2026 Open-The Final 1003 is Incomplete Loan application is incomplete in that it is missing borrower's employment and business contact information as they are being qualified using bank statements resulting from ownership of a business. - Due Diligence Vendor-05/22/2026 |
Resolved-Received corrected
final 1003 - Due Diligence Vendor-05/29/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 660 Borrower has
748 Qualifying DTI below maximum allowed - Required is 50 Borrower has 43.95 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9345835 | |||
| XXXX | 3116835 | D | A | D | A | C | A | A | A | Closed | finding-3652 | 2026-05-18 10:50 | 2026-05-21 12:36 | Resolved | 1 - Information | C | A | Compliance | TRID | Lender Credits That Cannot Decrease Test | Resolved-Received COC
lender credit decreased with lock. Finding Resolved. - Due Diligence
Vendor-05/21/2026 Ready for Review-TF 5/21 TF 5/21 Disagree: The initial LE that was issued on XXXX was floating. On XXXX the loan locked with Lender Credit of -$4,229.76 and disclosed a CD to the borrower. Please see attached redisclosed CD, Lock Confirmation, and Final CD. - Due Diligence Vendor-05/21/2026 Open-This loan failed the lender credits that cannot decrease 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). The final sum of specific and non-specific lender credits ($4,645.26) does not exceed or equal the comparable sum of specific and non-specific lender credits ($5,488.00). Please see the 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). Lender credit decreased from $5488.00 to $4645.26 without a valid COC in file. Provide a COC for decrease OR evidence of refund to borrower or principal reduction in the amount of $XX, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Reduction in Lender credits must be directly related to fees and must offset closing cost equally. Remediation options (1) within 60 days of consummation expires XXXX. (2) within 60 days of discovery expires XXXX remains EV2B under TILA 130(b) (3) After 60 days of discovery, no cure, Statute of Limitations - 3 Years; Expiration Date:XXXX remains EV3C - Due Diligence Vendor-05/18/2026 |
Resolved-Received COC
lender credit decreased with lock. Finding Resolved. - Due Diligence
Vendor-05/21/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 660 Borrower has
748 Qualifying DTI below maximum allowed - Required is 50 Borrower has 43.95 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9250250 | |||
| XXXX | 3116478 | C | B | A | A | C | B | A | A | Closed | finding-3540 | 2026-05-16 23:56 | 2026-05-21 12:24 | Resolved | 1 - Information | C | A | Compliance | TRID | Revised Closing Disclosure Delivery Date Test (No Waiting Period Required) Test | Resolved-Received
tracking. Finding Resolved. - Due Diligence Vendor-05/21/2026 Ready for Review-See attached LOX - Due Diligence Vendor-05/21/2026 Open-This loan failed the revised closing disclosure delivery date test (no waiting period required). ( 12 CFR §1026.19(f)(2)(i) )The revised closing disclosure delivery does not require a new waiting period and:The revised closing disclosure delivery date is provided and the revised closing disclosure method of delivery is marked as either"XXXX" or "Electronic Delivery" or blank, and the revised closing disclosure delivery date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the revised closing disclosure delivery date is after the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe revised closing disclosure receipt date is provided and the revised closing disclosure receipt date is after the consummation date, or closing / settlement date if no consummation date is provided, of the transaction.Changes before consummation not requiring a new waiting period. Except as provided in §1026.19(f)(2)(ii), if the disclosures provided under §1026.19(f)(1)(i) become inaccurate before consummation, the creditor shall provide corrected disclosures reflecting any changed terms to the consumer so that the consumer receives the corrected disclosures at or before consummation. Notwithstanding the requirement to provide corrected disclosures at or before consummation, the creditor shall permit the consumer to inspect the disclosures provided under this paragraph, completed to set forth those items that are known to the creditor at the time of inspection, during the business day immediately preceding consummation, but the creditor may omit from inspection items related only to the seller's transaction. ----- CD XXXX is not signed and there is no evidence of when it was provided to borrower. Statute of Limitations 3 years- Expiration date is XXXX. - Due Diligence Vendor-05/17/2026 |
Resolved-Received tracking.
Finding Resolved. - Due Diligence Vendor-05/21/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 35.76 LTV is less than guideline maximum - Required is 75 Borrower has 54.17 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 672 |
XXXX | ATR/QM: CDFI Lender Exempt | ATR/QM: CDFI Lender Exempt | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 9239826 | |||
| XXXX | 3116478 | C | B | A | A | C | B | A | A | Closed | finding-3634 | 2026-05-16 23:56 | 2026-05-21 12:24 | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Received
breakdown of recording fees and COC. Finding Resolved. - Due Diligence
Vendor-05/21/2026 Ready for Review-See attached LOX - Due Diligence Vendor-05/21/2026 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 XXXX.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). ----- Zero ( 0%) tolerance fees (Transfer Taxes) increased by XXXX without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of XXXX, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. COC in file is insufficient, as it does not state the amount of the fee. Remediation options (1) within 60 days of consummation expires XXXX (2) within 60 days of discovery expires XXXX remains EV2B under TILA 130(b) (3) After 60 days of discovery, no cure, Statute of Limitations - 3 Years; Expiration Date: XXXX remains EV3C - Due Diligence Vendor-05/17/2026 |
Resolved-Received breakdown
of recording fees and COC. Finding Resolved. - Due Diligence
Vendor-05/21/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 35.76 LTV is less than guideline maximum - Required is 75 Borrower has 54.17 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 672 |
XXXX | ATR/QM: CDFI Lender Exempt | ATR/QM: CDFI Lender Exempt | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 9239827 | |||
| XXXX | 3116478 | C | B | A | A | C | B | A | A | Closed | FCOM5135 | 2026-05-18 08:58 | 2026-05-18 08:58 | Waived | 2 - Non-Material | B | B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated
Business Disclosure Missing Originator waiver applied to non-material
Findings. - Due Diligence Vendor-05/18/2026 |
Waived-Required Affiliated
Business Disclosure Missing Originator waiver applied to non-material
Findings. - Due Diligence Vendor-05/18/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 35.76 LTV is less than guideline maximum - Required is 75 Borrower has 54.17 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 672 |
ATR/QM: CDFI Lender Exempt | ATR/QM: CDFI Lender Exempt | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | Originator Post-Close | Yes | 9247972 | ||||
| XXXX | 3115365 | C | B | C | B | C | B | A | A | Closed | finding-3634 | 2026-06-04 10:25 | 2026-07-06 09:53 | Cured | 2 - Non-Material | C | B | Compliance | TRID | Charges That Cannot Increase Test | Cured-Received PCCD XXXX
with copy of letter, check and shipping Label. Finding is Cured. - Due Diligence Vendor-07/06/2026 Ready for Review-refund Package - Due Diligence Vendor-07/02/2026 Counter-Received copy of CD XXXX with proof of receipt. Need copy of COC's for point increases for CD XXXX. Or a PCCD with cure for increase in Fees. The internal email of exception does not work, not the breakdown of why. When lender fees increase a COC needs to be provided to the borrower. - Due Diligence Vendor-06/16/2026 Ready for Review-4/27 ICD - Due Diligence Vendor-06/16/2026 Counter-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 XXXX.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). Received CD XXXX, Internal email explanation for XXXX exception (not a COC), Letter of explanation that points increased on XXXX CD for lock extension but no COC's to the borrower. Fees increasing require a COC to the borrower. Please provide. - Due Diligence Vendor-06/15/2026 Ready for Review-disclosure docs - Due Diligence Vendor-06/15/2026 Open-----NEW***** Zero (0%) tolerance fees increased by XXXX (Points) without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of XXXX, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Remediation options (1) within 60 days of consummation expiresXXXX (2) within 60 days of discovery expires XXXX remains EV2B under TILA 130(b) (3) After 60 days of discovery, no cure, Statute of Limitations - 3 Years; Expiration Date: XXXX remains EV3C - Due Diligence Vendor-06/04/2026 |
Cured-Received PCCD XXXX
with copy of letter, check and shipping Label. Finding is Cured. - Due Diligence Vendor-07/06/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 18.93 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 725 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9555445 | |||
| XXXX | 3115365 | C | B | C | B | C | B | A | A | Closed | FCOM9175 | 2026-05-19 11:02 | 2026-06-04 10:31 | Resolved | 1 - Information | C | A | Compliance | TRID | TRID: Closing Disclosure not received by the borrower 3 days prior to consummation | Resolved-Received initial
CD XXXX. Finding Resolved. - Due Diligence Vendor-06/04/2026 Ready for Review-Initial CD - Due Diligence Vendor-06/03/2026 Open------ Missing Initial CD - Due Diligence Vendor-05/19/2026 |
Resolved-Received initial
CD XXXX. Finding Resolved. - Due Diligence Vendor-06/04/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 18.93 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 725 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9275220 | |||
| XXXX | 3115365 | C | B | C | B | C | B | A | A | Closed | FCRE1505 | 2026-05-21 09:16 | 2026-05-21 10:56 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Tradelines do not meet Guideline Requirements | Waived-Originator
exception granted to allow limited tradelines . Non-material waiver applied
with comp factors. Deemed non-material due to has 12 months clean rental
history. - Due Diligence Vendor-05/21/2026 Open-The Tradelines for the borrower(s) do not meet the guideline requirements. Lender Exception: Approved to proceed with tradelines less than minimum. - Due Diligence Vendor-05/21/2026 |
Waived-Originator exception
granted to allow limited tradelines . Non-material waiver applied with comp
factors. Deemed non-material due to has 12 months clean rental history. - Due
Diligence Vendor-05/21/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 18.93 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 725 |
1. FICO > 20 pts program
minimum 2. Reserves are > 6m above program minimum |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | Yes | 9321852 | |||
| XXXX | 3115365 | C | B | C | B | C | B | A | A | Closed | FCOM5135 | 2026-05-19 10:26 | 2026-05-19 10:26 | Waived | 2 - Non-Material | B | B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated
Business Disclosure Missing Originator waiver applied to non-material
Findings. - Due Diligence Vendor-05/19/2026 |
Waived-Required Affiliated
Business Disclosure Missing Originator waiver applied to non-material
Findings. - Due Diligence Vendor-05/19/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 18.93 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 725 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | No | 9274422 | ||||
| XXXX | 3112908 | D | A | D | A | A | A | A | A | Closed | FCRE7497 | 2026-05-21 15:37 | 2026-05-27 11:23 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-April statement
in file for converted primary as well as 2nd home. HOA cert also provided
which matches 1003 - Due Diligence Vendor-05/27/2026 Ready for Review-REO docs - Due Diligence Vendor-05/22/2026 Open-1. Missing HOA statement for property identified as 3a on lender's loan application. Borrower affirmed in a note to lender that this property does have an Association fee. Other findings may apply. 2. Missing most recent mortgage statements for both investment properties reflected on credit report to confirm if escrows are included in payment. Other findings may apply. - Due Diligence Vendor-05/21/2026 |
Resolved-April statement in
file for converted primary as well as 2nd home. HOA cert also provided which
matches 1003 - Due Diligence Vendor-05/27/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 18.97 Residual Income =/> 1.5 times $XX monthly residual income - Residual Income: XXXX Months Reserves exceed minimum required - 28.36 mos reserves; 9 mos required |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9332318 | |||
| XXXX | 3118458 | D | A | D | A | A | A | A | A | Closed | FCRE1202 | 2026-05-21 10:24 | 2026-06-03 13:39 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report Partially Provided | Resolved-Fraud report
Summary provided that was clear and all interested parties checked. - Due
Diligence Vendor-06/03/2026 Ready for Review-06/02 XXXX Neither the XXXX guidelines or Rating Agency criteria require delivery of a complete fraud report and gap credit report to the Due Diligence provider. There is no requirement for a fraud report at all; fraud is assessed through review of the documentation in the loan file. Please clear this finding. - Due Diligence Vendor-06/02/2026 Counter-Per the Modules checked, the report is missing several of these pages. Please provide all pages for review - Due Diligence Vendor-05/26/2026 Ready for Review-5/22 MM: XXXX is only required to send you the first few pages of the report. - Due Diligence Vendor-05/22/2026 Open-Third Party Fraud Report Partially Provided Only the first few pages were provided, missing entire report. - Due Diligence Vendor-05/21/2026 |
Resolved-Fraud report
Summary provided that was clear and all interested parties checked. - Due
Diligence Vendor-06/03/2026 |
Residual Income =/> 1.5
times $XX monthly residual income - Excess Resid Inc Avail (+7.9k) Months Reserves exceed minimum required - 97.46 mths reserves; 6 mths required. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 9323389 | |||
| XXXX | 3118458 | D | A | D | A | A | A | A | A | Closed | FCRE5782 | 2026-05-21 09:27 | 2026-06-03 13:38 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Fraud report
Summary provided with XXXX. - Due Diligence Vendor-06/03/2026 Ready for Review-06/02 06/02 XXXX Neither the XXXX guidelines or Rating Agency criteria require delivery of a complete fraud report and gap credit report to the Due Diligence provider. There is no requirement for a fraud report at all; fraud is assessed through review of the documentation in the loan file. Please clear this finding. - Due Diligence Vendor-06/02/2026 Counter-Per the Modules checked, the report is missing several of these pages. Please provide all pages for review. The UDM module is check but not included with report - Due Diligence Vendor-05/26/2026 Ready for Review-5/22 MM: There is no gap credit report for the borrower on this loan. All pages of the fraud report were sent to the investor. - Due Diligence Vendor-05/22/2026 Open-Borrower 1 Gap Credit Report is Missing The UDM listed on the fraud report was not provided, fraud report is missing all pages, see other finding. - Due Diligence Vendor-05/21/2026 |
Resolved-Fraud report
Summary provided with UDM. - Due Diligence Vendor-06/03/2026 |
Residual Income =/> 1.5
times $XX monthly residual income - Excess Resid Inc Avail (+7.9k) Months Reserves exceed minimum required - 97.46 mths reserves; 6 mths required. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 9322054 | |||
| XXXX | 3118458 | D | A | D | A | A | A | A | A | Closed | FCRE1510 | 2026-05-21 09:44 | 2026-06-03 12:26 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Legal with DOT
was provided. - Due Diligence Vendor-06/03/2026 Ready for Review-please see attached doc XXXX - Due Diligence Vendor-06/02/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing Lgl Dscrp - Due Diligence Vendor-05/21/2026 |
Resolved-Legal with DOT was
provided. - Due Diligence Vendor-06/03/2026 |
Residual Income =/> 1.5
times $XX monthly residual income - Excess Resid Inc Avail (+7.9k) Months Reserves exceed minimum required - 97.46 mths reserves; 6 mths required. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 9322401 | |||
| XXXX | 3118458 | D | A | D | A | A | A | A | A | Closed | FCOM1352 | 2026-05-21 08:05 | 2026-06-01 16:33 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-The Business
Purpose Affidavit Disclosure is Not Applicable on bank statement loans - Due
Diligence Vendor-06/01/2026 Ready for Review-TF 5/29 This is not required on Bank Statement Investment loans per the guidelines. The attached Loan Quality Initiative Disclosure should be sufficient - Due Diligence Vendor-05/29/2026 Counter-Please advise if this loan was used for business or personal. If personal then Compliance/Trid will need to be run. If used for business then the Business Purpose affidavit will need to be provided. - Due Diligence Vendor-05/26/2026 Ready for Review-LI 5/22 This loan type is not subject to QM. It wouldn't matter if it was personal or investment purposes. Bank statement product is not subject to this testing. - Due Diligence Vendor-05/22/2026 Open-The Business Purpose Affidavit Disclosure is Missing Missing business purpose and occupancy affidavit. XXXX, guide is silent on this audit reverted to XXXX. - Due Diligence Vendor-05/21/2026 |
Resolved-The Business
Purpose Affidavit Disclosure is Not Applicable on bank statement loans - Due
Diligence Vendor-06/01/2026 |
Residual Income =/> 1.5
times $XX monthly residual income - Excess Resid Inc Avail (+7.9k) Months Reserves exceed minimum required - 97.46 mths reserves; 6 mths required. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 9320762 | |||
| XXXX | 3113325 | C | A | C | A | A | A | A | A | Closed | FCRE1440 | 2026-05-21 09:29 | 2026-06-11 13:56 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-After further
review, Housing History Meets Guideline Requirements. Payoff confirms
deferment was due to Covid. Clients attorney confirms no deferment agreement
was provided by XXXX to borrower. It was done online and nothing followed in
mail or email from that lender. As G/L are silent- referred to XXXX guides
which allows borrowers with COVID-19 deferred mortgage balances to refinance.
Under the XXXX Guide, the deferred balance is simply treated as part of the
existing first mortgage and can be rolled into a new loan. Payment history
for the most recent 24 months is rated on time and there was no
forbearance/deferment reporting on the credit report. - Due Diligence
Vendor-06/11/2026 Ready for Review-attached clarification. - Due Diligence Vendor-06/04/2026 Counter-Mortgage statement provided for XXXX reflects Other Deferred balances of XXXX, provide documentation of deferment - Due Diligence Vendor-05/27/2026 Ready for Review-The credit report does NOT show that the mortgage was currently in forbearance with payment history for the most recent 24 months through XXXX showing all have been made on time. There was no forbearance/deferment reporting in the most recent 24 months on the credit report? - Due Diligence Vendor-05/22/2026 Open-Housing History Does Not Meet Guideline Requirements Missing proof of when the Deferment on the XXXX occurred. Upon receipt additional conditions maybe required. - Due Diligence Vendor-05/21/2026 |
Resolved-After further
review, Housing History Meets Guideline Requirements. Payoff confirms
deferment was due to Covid. Clients attorney confirms no deferment agreement
was provided by XXXX to borrower. It was done online and nothing followed in
mail or email from that lender. As G/L are silent- referred to XXXX guides
which allows borrowers with COVID-19 deferred mortgage balances to refinance.
Under theXXXX Guide, the deferred balance is simply treated as part of the
existing first mortgage and can be rolled into a new loan. Payment history
for the most recent 24 months is rated on time and there was no
forbearance/deferment reporting on the credit report. - Due Diligence
Vendor-06/11/2026 |
Qualifying DTI below
maximum allowed - Max DTI is 50 Borrower has 34.54 Required is 50 Borrower
has 34.54 Qualifying FICO score is at least 20 points above minimum for program - Min FICO is 680 Borrower has 739 Required is 680 Borrower has 739 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 9322124 | |||
| XXXX | 3113325 | C | A | C | A | A | A | A | A | Closed | FCRE1204 | 2026-05-21 09:34 | 2026-05-27 11:51 | Resolved | 1 - Information | C | A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Upon further
review, XXXX was cleared with providing full name, No Match on OFAC and name
does not match watchlist - Due Diligence Vendor-05/27/2026 Ready for Review-Are these in reference to the alerts for XXXX, our Underwriter on file? Why is this a requirement now? I have this same alert appear on every single loan file that he underwrites and has not been an issue. Please advise. He has been with the company for years. - Due Diligence Vendor-05/22/2026 Open-Fraud Report Shows Uncleared Alerts The GSA-ESPL on the Fraud Report reflects as a Fail. Missing documentation to clear this. Upon receipt additional information maybe required. - Due Diligence Vendor-05/21/2026 |
Resolved-Upon further
review, XXXX was cleared with providing full name, No Match on OFAC and name
does not match watchlist - Due Diligence Vendor-05/27/2026 |
Qualifying DTI below
maximum allowed - Max DTI is 50 Borrower has 34.54 Required is 50 Borrower
has 34.54 Qualifying FICO score is at least 20 points above minimum for program - Min FICO is 680 Borrower has 739 Required is 680 Borrower has 739 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 9322213 | ||||
| XXXX | 3113325 | C | A | C | A | A | A | A | A | Closed | FCRE0184 | 2026-05-21 09:59 | 2026-05-27 11:43 | Resolved | 1 - Information | C | A | Credit | Eligibility | Missing Cash-out Letter on a Business Purpose Loan | Resolved-Business Purpose
Affidavit covers Cashout letter see #2 - Due Diligence Vendor-05/27/2026 Ready for Review-We did 3 simultaneous loans for this borrower knowing that cashout proceeds would be used for the purchase of XXXX which was included in the 1008 underwriting notes. The new property of XXXX was also included as an REO to qualify. - Due Diligence Vendor-05/22/2026 Open-Missing Cash-out Letter on a Business Purpose Loan. Missing a cash out letter on a Business Purpose loan. Upon receipt additional information maybe required. - Due Diligence Vendor-05/21/2026 |
Resolved-Business Purpose
Affidavit covers Cashout letter see #2 - Due Diligence Vendor-05/27/2026 |
Qualifying DTI below
maximum allowed - Max DTI is 50 Borrower has 34.54 Required is 50 Borrower
has 34.54 Qualifying FICO score is at least 20 points above minimum for program - Min FICO is 680 Borrower has 739 Required is 680 Borrower has 739 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 9322723 | ||||
| XXXX | 3117414 | C | A | A | A | C | A | A | A | Closed | finding-3625 | 2026-05-19 10:53 | 2026-05-26 11:37 | Resolved | 1 - Information | C | A | Compliance | TRID | TRID "Section B. Services You Cannot Shop For / Services Borrower Did Not Shop For" Validation Test | Resolved-Received PCCD
XXXX correcting payee in Section B. Finding Resolved. - Due Diligence
Vendor-05/26/2026 Ready for Review-Please see PCCD - Due Diligence Vendor-05/22/2026 Open-This loan failed the TRID "Section B. Services You Cannot Shop For / Services Borrower Did Not Shop For" validation test.This loan contains a fee or fees where "compensation to" is set to the lender or broker but this fee or fees should not be retained by the lender or broker."Section B. Services You Cannot Shop For / Services Borrower Did Not Shop For" should contain an itemization of each amount, and a subtotal of all such amounts, the consumer will pay for settlement services for which the consumer cannot shop in accordance with Regulation Z and that are provided by persons other than the creditor or mortgage broker. -----Closing fee & Tax Service Fee in section B is payable to Lender/Broker however, fees paid to Lender or Broker must be in section A. If the fee is to remain in section B, it must state FBO (for the benefit of) to said Vendor. Provide a post close CD with correction within 60 days of discovery date. Statute of Limitations - 1 year, expiration date XXXX. - Due Diligence Vendor-05/19/2026 |
Resolved-Received PCCD XXXX
correcting payee in Section B. Finding Resolved. - Due Diligence
Vendor-05/26/2026 |
LTV is less than guideline
maximum - Required is 89.99 Borrower has 80 Qualifying DTI below maximum allowed - Required is 50 Borrower has 36.25 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 742 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 9275021 | |||
| XXXX | 3113289 | C | A | C | A | A | A | C | A | Closed | FPRO1136 | 2026-05-20 12:11 | 2026-05-29 13:53 | Resolved | 1 - Information | C | A | Property | Appraisal | Subject property appraisal is not on an as-is basis (Primary Value) | Resolved-Received Property
Certificate from the City. - Due Diligence Vendor-05/29/2026 Ready for Review-Please see the documents attached. - Due Diligence Vendor-05/27/2026 Open-Primary Value Subject Property Appraisal is not on an As-Is Basis and Completion Report (1004D) is not Present Appraisal subject to & is missing 1004D. Per Appraiser: Certification from the City of XXXX that this property is able to be utilized as a multifamily home as its currently zoned for single family use and there is no record of this being changed to multifamily. - Due Diligence Vendor-05/20/2026 |
Resolved-Received Property
Certificate from the City. - Due Diligence Vendor-05/29/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 660 Borrower has
784 LTV is less than guideline maximum - Required is 80 Borrower has 75 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9304089 | |||
| XXXX | 3113289 | C | A | C | A | A | A | C | A | Closed | FCRE1163 | 2026-05-20 12:14 | 2026-05-27 12:21 | Resolved | 1 - Information | C | A | Credit | Insurance | Flood Certification Date is greater than Note Date | Resolved-Appraisal
reflects Not in Flood Zone as well as Flood Cert. Ok to proceed with date
after Note date - Due Diligence Vendor-05/27/2026 Ready for Review-Please waive/downgrade the property is not located in a flood zone. - Due Diligence Vendor-05/26/2026 Open-Flood Certification Date is greater than XXXX; Reported XXXX- Due Diligence Vendor-05/20/2026 |
Resolved-Appraisal reflects
Not in Flood Zone as well as Flood Cert. Ok to proceed with date after Note
date - Due Diligence Vendor-05/27/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 660 Borrower has
784 LTV is less than guideline maximum - Required is 80 Borrower has 75 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9304145 | ||||
| XXXX | 3113106 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | |||||||||||||||||||
| XXXX | 3115269 | D | A | D | A | A | A | A | A | Closed | FCRE5782 | 2026-05-21 18:47 | 2026-06-05 14:16 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-After further
review, a gap credit report is not required. - Due Diligence
Vendor-06/05/2026 Ready for Review-Please revisit. Credit report dated XXXX, note date XXXX less than 30 days. Thank you! - Due Diligence Vendor-06/02/2026 Counter-Borrower 1 Gap Credit Report is Missing from the file, please provide Credit Refresh or UDM dated no more than 10 days prior to the Note date. - Due Diligence Vendor-06/02/2026 Ready for Review-Hello, Can you confirm if something is needed from XX and if so what is specifically needed? thank you! - Due Diligence Vendor-05/30/2026 Open-Borrower 1 Gap Credit Report is Missing - Due Diligence Vendor-05/21/2026 |
Resolved-After further
review, a gap credit report is not required. - Due Diligence
Vendor-06/05/2026 |
LTV is less than guideline
maximum - Maximum LTV of 85% - Loan = 80% Verified employment history exceeds guidelines - Borrower has been at current employment for 5+ years. |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9335806 | ||||
| XXXX | 3118194 | D | A | D | A | C | A | A | A | Closed | FCRE5782 | 2026-05-22 08:28 | 2026-06-05 16:00 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-XXXX report in
file with adjusted 1000 low risk score UDM run through XXXX report with all
issues addressed. - Due Diligence Vendor-06/05/2026 Ready for Review-06/03 XXXX Neither the XXXX guidelines or Rating Agency criteria require delivery of a complete fraud report and gap credit report to the Due Diligence provider. There is no requirement for a fraud report at all; fraud is assessed through review of the documentation in the loan file. Please clear this finding. - Due Diligence Vendor-06/03/2026 Counter-Per Fraud Report, UDM Modules was requested, please provide. Other conditions may apply - Due Diligence Vendor-05/28/2026 Ready for Review-05/26/26 - XX: The borrower's credit report dated XXXX, which is within 120 days of the note date. A Gap credit report is not required. - Due Diligence Vendor-05/26/2026 Open-Borrower 1 Gap Credit Report is Missing (fraud report incomplete) - Due Diligence Vendor-05/22/2026 |
Resolved-XXXX report in
file with adjusted 1000 low risk score UDM run through XXXX report with all
issues addressed. - Due Diligence Vendor-06/05/2026 |
LTV is less than guideline
maximum - Required is 80 Borrower has 75 Qualifying FICO score is at least 20 points above minimum for program - Required is 640 Borrower has 668 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 9344695 | ||||
| XXXX | 3118194 | D | A | D | A | C | A | A | A | Closed | FCRE1202 | 2026-05-21 15:07 | 2026-06-01 13:18 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report Partially Provided | Resolved-Received final
summary for fraud report. - Due Diligence Vendor-06/01/2026 Ready for Review-05/28 XXXX do not have specific guidelines for the Fraud Report. If the module is checked it means the report was pulled but if nothing was found nothing will appear on the report. - Due Diligence Vendor-05/28/2026 Counter-Fraud Report reflects multiple Modules that are not included in the report provided. Please provide all pages according to the Modules pulled. Other conditions may apply - Due Diligence Vendor-05/28/2026 Ready for Review-05/26/2026 - XX: All required pages of the loan integrity report have been delivered per the agreed upon guideline with XXXX. - Due Diligence Vendor-05/26/2026 Open-Third Party Fraud Report Partially Provided (missing all Modules as indicated on Page 1) - Due Diligence Vendor-05/21/2026 |
Resolved-Received final
summary for fraud report. - Due Diligence Vendor-06/01/2026 |
LTV is less than guideline
maximum - Required is 80 Borrower has 75 Qualifying FICO score is at least 20 points above minimum for program - Required is 640 Borrower has 668 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 9331578 | |||
| XXXX | 3118194 | D | A | D | A | C | A | A | A | Closed | finding-3352 | 2026-05-19 16:46 | 2026-05-26 09:48 | Resolved | 1 - Information | C | A | Compliance | Points & Fees | Higher-Priced Mortgage Loan Test | Resolved-Loan contains
full appraisal and escrows, meeting HPML compliance. - Due Diligence
Vendor-05/22/2026 Open-This loan failed the higher-priced mortgage loan test. ( 12 CFR § 1026.35(a)(1) )Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. - Due Diligence Vendor-05/19/2026 |
Resolved-Loan contains full
appraisal and escrows, meeting HPML compliance. - Due Diligence
Vendor-05/22/2026 |
LTV is less than guideline
maximum - Required is 80 Borrower has 75 Qualifying FICO score is at least 20 points above minimum for program - Required is 640 Borrower has 668 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 9286285 | ||||
| XXXX | 3115473 | D | A | D | A | A | A | A | A | Closed | FCRE1506 | 2026-05-22 10:18 | 2026-06-09 13:35 | Resolved | 1 - Information | C | A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-Credit findings
have been resolved. - Due Diligence Vendor-06/09/2026 Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Additional documentation is required for income and assets. - Due Diligence Vendor-05/22/2026 |
Resolved-Credit findings
have been resolved. - Due Diligence Vendor-06/09/2026 |
Months Reserves exceed
minimum required - 40.73 months > 6 required LTV is less than guideline maximum - Required is 70 Borrower has 50 Qualifying DTI below maximum allowed - Required is 50 Borrower has 7.58 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 728 |
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 | 9347007 | ||||
| XXXX | 3115473 | D | A | D | A | A | A | A | A | Closed | FCRE4104 | 2026-05-22 09:56 | 2026-06-09 13:18 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing explanation and supporting documentation for large deposit(s) | Resolved-Received
acceptable LOE. - Due Diligence Vendor-06/09/2026 Ready for Review-Documents - Due Diligence Vendor-06/05/2026 Counter-Review did not receive noted document upload-please re upload. - Due Diligence Vendor-06/02/2026 Ready for Review-Response from team. - Due Diligence Vendor-05/30/2026 Open-Missing LOE and source of the following deposits into XXXX otherwise these must be backed out of income, exceed the threshold of $208,500: 1.) November-25 $XX 2.) October-25 $XX 3.)July-25 $XX 4.) July-25 $XX 5.) June-25 $XX 6.) 2025-05-16 $XX 7.) 7.)April-25 $XX 7.) April-25 $XX 8.) $XX 9.) $XX. - Due Diligence Vendor-05/22/2026 |
Resolved-Received
acceptable LOE. - Due Diligence Vendor-06/09/2026 |
Months Reserves exceed
minimum required - 40.73 months > 6 required LTV is less than guideline maximum - Required is 70 Borrower has 50 Qualifying DTI below maximum allowed - Required is 50 Borrower has 7.58 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 728 |
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 | 9346493 | |||
| XXXX | 3115473 | D | A | D | A | A | A | A | A | Closed | FCRE1480 | 2026-05-22 10:27 | 2026-05-27 13:37 | Resolved | 1 - Information | C | A | Credit | Assets | Asset 2 Does Not Meet Guideline Requirements | Resolved-Upon further
review, both asset accounts are in borrowers name joint w/ spouse. These are
not business accounts therefore do not require access letters per XXXX - Due
Diligence Vendor-05/27/2026 Ready for Review-Please revisit. XXXX, Verification of Deposits and Assets does not require access letter. Thank you! - Due Diligence Vendor-05/26/2026 Open-Asset Record 2 Does Not Meet G/L Requirements No letter is provided from the joint account holder to state the borrower has 100% access to the funds. Guide silent revert to XXXX. - Due Diligence Vendor-05/22/2026 |
Resolved-Upon further
review, both asset accounts are in borrowers name joint w/ spouse. These are
not business accounts therefore do not require access letters per XXXX - Due
Diligence Vendor-05/27/2026 |
Months Reserves exceed
minimum required - 40.73 months > 6 required LTV is less than guideline maximum - Required is 70 Borrower has 50 Qualifying DTI below maximum allowed - Required is 50 Borrower has 7.58 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 728 |
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 | 9347210 | ||||
| XXXX | 3117930 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | |||||||||||||||||||
| XXXX | 3115794 | D | A | D | A | A | A | A | A | Closed | FCOM1352 | 2026-05-21 13:25 | 2026-06-02 13:56 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Received The
Business Purpose Affidavit Disclosure is Present - Due Diligence
Vendor-06/02/2026 Ready for Review-BPC - Due Diligence Vendor-05/30/2026 Open-The Business Purpose Affidavit Disclosure is Missing. Please provide Business Purpose and Occupancy Affidavit signed by each borrower on the 1003 - Due Diligence Vendor-05/21/2026 |
Resolved-Received The
Business Purpose Affidavit Disclosure is Present - Due Diligence
Vendor-06/02/2026 |
Months Reserves exceed
minimum required - min 6, actual 50.93 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 778 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 9329390 | |||
| XXXX | 3114804 | C | B | C | B | A | A | A | A | Closed | FCRE1440 | 2026-05-21 23:27 | 2026-06-02 17:18 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Originator
exception granted to allow rent free letter directly from Brw. Non-material
waiver applied to finding with compensating factors. - Due Diligence
Vendor-06/02/2026 Ready for Review-See attached rebuttal LOX - Due Diligence Vendor-06/01/2026 Counter-Please provide rent free letter obtained independently. Please provide rent free letter from property owner of the property located at XXXX. - Due Diligence Vendor-05/29/2026 Ready for Review-XX has never required rent loss coverage, and we’ve always been okay having rent free letters from borrowers. Guides support on both ends as rent loss coverage is not noted as a requirement, and they do not state who must prepare the rent free LOX. - Due Diligence Vendor-05/28/2026 Open-Housing History Does Not Meet Guideline Requirements Borrower 2 is currently renting his primary residence with VOR in file confirming 0x30 since 09/01/25. Rent free letter in file for prior primary residence. Rent Free letter in file is an email from borrower 2 sent from borrower 2's email. Please provide rent free letter from property owner of the property located at XXXX. - Due Diligence Vendor-05/22/2026 |
Waived-Originator exception
granted to allow rent free letter directly from Brw. Non-material waiver
applied to finding with compensating factors. - Due Diligence
Vendor-06/02/2026 |
Months Reserves exceed
minimum required - Minm 6, Borrower has 18.57 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 706 |
Required FICO is 680
Borrower has 706 Min reserves are 6 mos, Borrower has 18.57 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | 9338470 | ||
| XXXX | 3114804 | C | B | C | B | A | A | A | A | Closed | FCRE7011 | 2026-05-21 12:21 | 2026-06-01 13:07 | Resolved | 1 - Information | C | A | Credit | Insurance | Rent Loss Coverage is Insufficient or Missing | Resolved-Upon further
review, insurance follow XXXX guidelines and rent loss coverage not required
- Due Diligence Vendor-06/01/2026 Ready for Review-XXXX has never required rent loss coverage, and we’ve always been okay having rent free letters from borrowers. Guides support on both ends as rent loss coverage is not noted as a requirement, and they do not state who must prepare the rent free LOX. - Due Diligence Vendor-05/28/2026 Open-Rent Loss Coverage is Insufficient or Missing. Declarations page in file does not reflect Rent Loss Coverage. Please provide updated Declarations Page or HOI policy that contains Rent Loss Coverage equal to 6 months rent loss effective no later than the disbursement date of 05/12/2026. - Due Diligence Vendor-05/21/2026 |
Resolved-Upon further
review, insurance follow XXXX guidelines and rent loss coverage not required - Due
Diligence Vendor-06/01/2026 |
Months Reserves exceed
minimum required - Minm 6, Borrower has 18.57 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 706 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 9327652 | ||||
| XXXX | 3116532 | 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 | |||||||||||||||||||
| XXXX | 3114540 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | |||||||||||||||||||
| XXXX | 3117012 | D | A | D | A | C | A | A | A | Closed | FCRE1342 | 2026-05-26 06:12 | 2026-06-01 16:06 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Business Bank Statements Missing | Resolved-Business bank
statements were provided. - Due Diligence Vendor-06/01/2026 Ready for Review-Please see attached - Due Diligence Vendor-05/29/2026 Open-Borrower 1 Business Bank Statements Missing Subject loan closed with utilization of 12 months bank statements for qualifying for this transaction. Business Bank Statements Missing. Additional conditions may apply, pending review. - Due Diligence Vendor-05/26/2026 |
Resolved-Business bank
statements were provided. - Due Diligence Vendor-06/01/2026 |
Residual Income =/> 1.5
times $XX monthly residual income - Residual Income =/> 1.5 times $XX
monthly residual income - Qualifying residual income = XXXX; minimum required
NONE Credit history exceeds minimum required - Credit History = 135 Months Minimum Credit History = 12 Months |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9366867 | |||
| XXXX | 3117012 | D | A | D | A | C | A | A | A | Closed | FCRE7806 | 2026-05-26 17:11 | 2026-06-01 16:06 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Bank Statement Summary/Lender Worksheet is Missing | Resolved-Worksheet
provided. - Due Diligence Vendor-06/01/2026 Ready for Review-Please see attached - Due Diligence Vendor-05/29/2026 Open-The Borrower 1 Bank Statement Summary/Lender Worksheet is Missing Bank Statement Summary/Lender Worksheet is Missing - Due Diligence Vendor-05/26/2026 |
Resolved-Worksheet
provided. - Due Diligence Vendor-06/01/2026 |
Residual Income =/> 1.5
times $XX monthly residual income - Residual Income =/> 1.5 times $XX
monthly residual income - Qualifying residual income = XXXX; minimum required
NONE Credit history exceeds minimum required - Credit History = 135 Months Minimum Credit History = 12 Months |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9382510 | |||
| XXXX | 3117012 | D | A | D | A | C | A | A | A | Closed | finding-3631 | 2026-05-21 11:11 | 2026-06-01 09:29 | Resolved | 1 - Information | A | A | Compliance | Points & Fees | Reimbursement Amount Validation Test | Resolved-Upon further review, the document(s) are located in original file, nothing further required. - Due Diligence Vendor-06/01/2026 | Resolved-Upon further
review, the document(s) are located in original file, nothing further
required. - Due Diligence
Vendor-06/01/2026 |
Residual Income =/> 1.5
times $XX monthly residual income - Residual Income =/> 1.5 times $XX
monthly residual income - Qualifying residual income = XXXX; minimum required
NONE Credit history exceeds minimum required - Credit History = 135 Months Minimum Credit History = 12 Months |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9324837 | ||||
| XXXX | 3117012 | D | A | D | A | C | A | A | A | Closed | finding-3632 | 2026-05-21 11:11 | 2026-06-01 09:29 | Resolved | 1 - Information | A | A | Compliance | Disclosure | Consummation or Reimbursement Date Validation Test | Resolved-Upon further
review, the document(s) are located in original file, nothing further
required. - Due Diligence Vendor-06/01/2026 Open-This loan failed the closing or reimbursement date validation test.The loan failed one or more tolerance tests and did not provide either a reimbursement date or a consummation date (or closing / settlement date, if consummation date is not available). This information is necessary in order to correctly perform reimbursement calculations. - Due Diligence Vendor-05/28/2026 Ready for Review-Please advise if this is informational only condition for review. - Due Diligence Vendor-05/29/2026 |
Resolved-Upon further
review, the document(s) are located in original file, nothing further
required. - Due Diligence Vendor-06/01/2026 |
Residual Income =/> 1.5
times $XX monthly residual income - Residual Income =/> 1.5 times $XX
monthly residual income - Qualifying residual income = XXXX; minimum required
NONE Credit history exceeds minimum required - Credit History = 135 Months Minimum Credit History = 12 Months |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9324838 | ||||
| XXXX | 3117012 | D | A | D | A | C | A | A | A | Closed | finding-3634 | 2026-05-21 11:11 | 2026-05-28 09:59 | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-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
$XX.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). Received explanation
that points increased with COC for DTI, points were not specifically listed
on the COC. Finding Resolved. - Due Diligence Vendor-05/28/2026 Ready for Review-Please revisit. Notice of change page 480 reflects change in debt ratio calculated by underwriting and rate change. Corresponds to XXXX rate change request page 610 reflecting increase of DTI. Thank you! - Due Diligence Vendor-05/27/2026 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 $XX.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). ----- Zero (0%) tolerance fees increased by $XX (Points) without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of $XX, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Remediation options (1) within 60 days of consummation expires XXXX (2) within 60 days of discovery expires XXXX remains EV2B under TILA 130(b) (3) After 60 days of discovery, no cure, Statute of Limitations - 3 Years; Expiration Date: XXXX remains EV3C. $XX (flood) due to rounding. Please provide coc for increases. - Due Diligence Vendor-05/21/2026 |
Resolved-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
$0.25.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). Received explanation
that points increased with COC for DTI, points were not specifically listed
on the COC. Finding Resolved. - Due Diligence Vendor-05/28/2026 |
Residual Income =/> 1.5
times $XX monthly residual income - Residual Income =/> 1.5 times $XX
monthly residual income - Qualifying residual income = XXXX; minimum required
NONE Credit history exceeds minimum required - Credit History = 135 Months Minimum Credit History = 12 Months |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9324836 | ||||
| XXXX | 3117741 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | |||||||||||||||||||
| XXXX | 3118041 | C | A | C | A | A | A | A | A | Closed | FCRE1510 | 2026-05-21 10:13 | 2026-06-10 14:45 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Ex A
legal description, There are no issues present on the Mortgage Document (Deed
of Trust). - Due Diligence Vendor-06/10/2026 Ready for Review-6/9 RF please see attached - Due Diligence Vendor-06/09/2026 Counter-Received DOT however there is no legal attached to it. Please re-upload for review. - Due Diligence Vendor-05/28/2026 Ready for Review-5/27 RF please see attached - Due Diligence Vendor-05/27/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Exhibit A is missing - Due Diligence Vendor-05/21/2026 |
Resolved-Received Ex A
legal description, There are no issues present on the Mortgage Document (Deed
of Trust). - Due Diligence Vendor-06/10/2026 |
LTV is less than guideline
maximum - Required is 75 Borrower has 70 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 729 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 9323005 | |||
| XXXX | 3118041 | C | A | C | A | A | A | A | A | Closed | FCRE1148 | 2026-05-22 13:36 | 2026-05-27 12:54 | Resolved | 1 - Information | C | A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received updated
Title Coverage Amount of XXXX is sufficient based on the type of subject lien
- Due Diligence Vendor-05/27/2026 Ready for Review-5/26 RF please see attached - Due Diligence Vendor-05/26/2026 Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien: Loan Amount XXXX & Policy coverage XXXX - Due Diligence Vendor-05/22/2026 |
Resolved-Received updated
Title Coverage Amount of XXXX is sufficient based on the type of subject lien
- Due Diligence Vendor-05/27/2026 |
LTV is less than guideline
maximum - Required is 75 Borrower has 70 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 729 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 9353013 | |||
| XXXX | 3116028 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | |||||||||||||||||||
| XXXX | 3114807 | C | A | C | A | A | A | A | A | Closed | FCRE1440 | 2026-05-22 17:25 | 2026-06-09 13:20 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Housing payment
history was provided. - Due Diligence Vendor-06/04/2026 Ready for Review-Please see attached. The rent has been paid for by the borrower’s XXXX. The XX is also on the original lease in the file - Due Diligence Vendor-06/03/2026 Counter-Please provide Documentation to support the payments are being paid by another party as required by XXXX. - Due Diligence Vendor-05/29/2026 Ready for Review-Per LOX, XXXX that is reflected on the credit report as an Open Rental Agreement account was for XXXX. Per LOX, leasing office required borrower to be on the lease as he frequently visits his XXXX and lease will not be renewed once it ends 07/12/26; see lease agreement. The borrower is not the one making the payment. - Due Diligence Vendor-05/27/2026 Open-Housing History Does Not Meet Guideline Requirements The lease history reported to credit counts as housing history and a credit supplement is needed to update the history through the most recent month. - Due Diligence Vendor-05/22/2026 |
Resolved-Housing payment
history was provided. - Due Diligence Vendor-06/04/2026 |
LTV is less than guideline
maximum - Required is 90 Borrower has 75 Qualifying DTI below maximum allowed - Required is 50 Borrower has 41.95 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9358683 | ||||
| XXXX | 3114807 | C | A | C | A | A | A | A | A | Closed | FCRE1502 | 2026-05-22 17:41 | 2026-06-04 12:17 | Resolved | 1 - Information | C | A | Credit | QM-ATR | ATR: Credit History was not Considered Properly | Resolved-Housing payment
history was provided. - Due Diligence Vendor-06/04/2026 Ready for Review-Please see attached. The rent has been paid for by the borrower’s girlfriend’s mother. - Due Diligence Vendor-06/03/2026 Counter-XXXX - In order to exclude non-mortgage or mortgage debts from the borrower’s DTI ratio, the lender must obtain the most recent 12 months' canceled checks (or bank statements) from the other party making the payments that document a 12-month payment history with no delinquent payments. - Due Diligence Vendor-05/29/2026 Ready for Review-Lease ends 07/12/26 and will not be renewed per the borrower. Therefore, it does not need to be considered. - Due Diligence Vendor-05/27/2026 Open-ATR: Credit History was not Considered Properly Additional documentation is required to support excluding the lease debt from liabilities, as it is in the borrowers name and reported to his credit. Guides are silent and agency requires evidence of the most recent 12 months payments showing no lates, and paid by a party other than the borrower. - Due Diligence Vendor-05/22/2026 |
Resolved-Housing payment
history was provided. - Due Diligence Vendor-06/04/2026 |
LTV is less than guideline
maximum - Required is 90 Borrower has 75 Qualifying DTI below maximum allowed - Required is 50 Borrower has 41.95 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9358959 | ||||
| XXXX | 3114807 | C | A | C | A | A | A | A | A | Closed | FCRE1506 | 2026-05-22 17:41 | 2026-06-04 12:17 | Resolved | 1 - Information | C | A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-Housing payment
history was provided. - Due Diligence Vendor-06/04/2026 Ready for Review-Please see attached. The rent has been paid for by the borrower’s girlfriend’s mother. - Due Diligence Vendor-06/03/2026 Counter-XXXX - In order to exclude non-mortgage or mortgage debts from the borrower’s DTI ratio, the lender must obtain the most recent 12 months' canceled checks (or bank statements) from the other party making the payments that document a 12-month payment history with no delinquent payments. - Due Diligence Vendor-05/29/2026 Ready for Review-Lease ends 07/12/26 and will not be renewed per the borrower. Therefore, it does not need to be considered. - Due Diligence Vendor-05/27/2026 Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Additional documentation is required to support excluding the lease debt from liabilities, as it is in the borrowers name and reported to his credit. Guides are silent and agency requires evidence of the most recent 12 months payments showing no lates, and paid by a party other than the borrower. - Due Diligence Vendor-05/22/2026 |
Resolved-Housing payment
history was provided. - Due Diligence Vendor-06/04/2026 |
LTV is less than guideline
maximum - Required is 90 Borrower has 75 Qualifying DTI below maximum allowed - Required is 50 Borrower has 41.95 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9358960 | |||
| XXXX | 3114807 | C | A | C | A | A | A | A | A | Closed | FCRE1159 | 2026-05-22 16:59 | 2026-05-28 15:44 | Resolved | 1 - Information | C | A | Credit | Insurance | Hazard Insurance Effective Date is after the Note Date | Resolved-Received updated
policy, Hazard Insurance Effective Date of XXXX - Due Diligence
Vendor-05/28/2026 Ready for Review-HOI - Due Diligence Vendor-05/27/2026 Open-Hazard Insurance Effective Date of XXXX is after the Note Date of XXXX - Due Diligence Vendor-05/22/2026 |
Resolved-Received updated
policy, Hazard Insurance Effective Date of XXXX - Due Diligence
Vendor-05/28/2026 |
LTV is less than guideline
maximum - Required is 90 Borrower has 75 Qualifying DTI below maximum allowed - Required is 50 Borrower has 41.95 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9358275 | |||
| XXXX | 3116316 | D | A | D | A | A | A | A | A | Closed | FCOM1352 | 2026-05-22 09:48 | 2026-06-10 15:05 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Received The
Business Purpose and Occupancy Affidavit Disclosure - Due Diligence
Vendor-06/10/2026 Ready for Review-XXXX 6/9: Please see the attached // - Due Diligence Vendor-06/09/2026 Open-The Business Purpose Affidavit Disclosure is Missing. Please provide. - Due Diligence Vendor-05/22/2026 |
Resolved-Received The
Business Purpose and Occupancy Affidavit Disclosure - Due Diligence
Vendor-06/10/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 640 Borrower has
679 Months Reserves exceed minimum required - Minm 6, Borrower has 70.04 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 9346302 | |||
| XXXX | 3116316 | D | A | D | A | A | A | A | A | Closed | FCRE0970 | 2026-05-26 11:49 | 2026-05-28 13:34 | Resolved | 1 - Information | C | A | Credit | Eligibility | Appraisal has issues (credit) | Resolved-Received Letter
of explanation supports the commentary from the appraiser about the borrower
moving out and lease started on the property. - Due Diligence
Vendor-05/28/2026 Ready for Review-05/27 SA: Please see the attached appraisal commentary showing that the owner/borrower was living at the property at the time of the appraisal and stated to the appraiser that the borrower is moving out. Letter of explanation supports the commentary from the appraiser about the borrower moving out and lease started on the property. - Due Diligence Vendor-05/27/2026 Open-Please provide corrected page 1 of appraisal. Occupant is currently listed as owner. Loan is a refinance of an investment property loan. Property must be tenant occupied or vacant. - Due Diligence Vendor-05/26/2026 |
Resolved-Received Letter of
explanation supports the commentary from the appraiser about the borrower
moving out and lease started on the property. - Due Diligence
Vendor-05/28/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 640 Borrower has
679 Months Reserves exceed minimum required - Minm 6, Borrower has 70.04 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 9374071 | |||
| XXXX | 3115671 | D | B | A | A | D | B | A | A | Closed | FCOM1266 | 2026-05-22 09:32 | 2026-05-27 13:25 | Waived | 2 - Non-Material | D | B | Compliance | Missing Doc | Homeownership Counseling Disclosure Is Missing | Waived-Waiver applied to
non-material finding. Statute of Limitations - 3 Year(s); Expiration Date:
05/07/2029. - Due Diligence Vendor-05/27/2026 Open-Homeownership Counseling Disclosure Is Missing -----Please provide Homeownership Counseling Disclosure provided to borrower within three business days of application date. Statute of Limitations - 3 Year(s); Expiration Date: XXXX. - Due Diligence Vendor-05/22/2026 |
Waived-Waiver applied to
non-material finding. Statute of Limitations - 3 Year(s); Expiration
Date:XXXX. - Due Diligence Vendor-05/27/2026 |
Qualifying DTI below
maximum allowed - DTI is 33.2% maximum is 50% LTV is less than guideline maximum - LTV is 70%, maximum is 85% Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 812 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | Originator Post-Close | Yes | 9345854 | ||||
| XXXX | 3115671 | D | B | A | A | D | B | A | A | Closed | FCOM1353 | 2026-05-22 09:32 | 2026-05-22 10:28 | Waived | 2 - Non-Material | B | B | Compliance | Disclosure | Incorrect ROR Form Type selected | Waived-The Incorrect ROR Form Type is selected in light of the Same Creditor or Lender Affiliate Refinance (The Right to Cancel Form Model is 'H8 (New Creditor)' and the Same Creditor or Lender Affiliate Refinance selection is 'Yes'). -----ROR Form H8 is acceptable in place of H9 form. Finding is deemed non-material. Originator waiver applied to non-material Findings. - Due Diligence Vendor-05/22/2026 | Waived-The Incorrect ROR
Form Type is selected in light of the Same Creditor or Lender Affiliate
Refinance (The Right to Cancel Form Model is 'H8 (New Creditor)' and the Same Creditor or Lender Affiliate Refinance
selection is 'Yes'). -----ROR Form H8 is acceptable in place of H9 form.
Finding is deemed non-material. Originator waiver applied to non-material
Findings. - Due Diligence
Vendor-05/22/2026 |
Qualifying DTI below
maximum allowed - DTI is 33.2% maximum is 50% LTV is less than guideline maximum - LTV is 70%, maximum is 85% Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 812 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | Originator Post-Close | No | 9345855 | ||||
| XXXX | 3114645 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | |||||||||||||||||||
| XXXX | 3115524 | D | A | D | A | A | A | A | A | Closed | FCRE1342 | 2026-05-26 18:08 | 2026-06-01 13:14 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Business Bank Statements Missing | Resolved-Received 3/26
business bank statement - Due Diligence Vendor-06/01/2026 Ready for Review-Please see March stmt with all pages (24) - Due Diligence Vendor-05/28/2026 Open-Borrower 1 Business Bank Statements Missing Missing all pages of business bank statement for March 2026 that was used for income to qualify. - Due Diligence Vendor-05/26/2026 |
Resolved-Received 3/26
business bank statement - Due Diligence Vendor-06/01/2026 |
CLTV is less than
guidelines maximum - Required 75%; borrower has 69.72% Qualifying DTI below maximum allowed - Required is 50 Borrower has 10.57 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 745 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 9383185 | |||
| XXXX | 3115524 | D | A | D | A | A | A | A | A | Closed | FCRE1325 | 2026-05-26 16:43 | 2026-06-01 13:12 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 CPA Letter Missing | Resolved-Received license
info on tax preparer. - Due Diligence
Vendor-06/01/2026 Ready for Review-Please see CPA letter - Due Diligence Vendor-05/28/2026 Open-Borrower 1 CPA Letter Missing Missing validation of CPA license information. - Due Diligence Vendor-05/26/2026 |
Resolved-Received license
info on tax preparer. - Due Diligence
Vendor-06/01/2026 |
CLTV is less than
guidelines maximum - Required 75%; borrower has 69.72% Qualifying DTI below maximum allowed - Required is 50 Borrower has 10.57 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 745 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 9382015 | |||
| XXXX | 3119298 | D | A | D | A | C | A | A | A | Closed | FCRE1506 | 2026-05-28 13:13 | 2026-06-01 16:17 | Resolved | 1 - Information | C | A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-The Gap credit
report was provided. - Due Diligence Vendor-06/01/2026 Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Gap Credit Report is absent the loan file. Additional Conditions may apply, pending review. - Due Diligence Vendor-05/28/2026 |
Resolved-The Gap credit
report was provided. - Due Diligence Vendor-06/01/2026 |
Months Reserves exceed
minimum required - borrower has over 3 months reserves Verified employment history exceeds guidelines - Borrower has been self employed since 2007 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9427638 | ||||
| XXXX | 3119298 | D | A | D | A | C | A | A | A | Closed | FCRE5782 | 2026-05-28 05:37 | 2026-06-01 16:16 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Borrower 1 Gap
Credit Report was provided. - Due Diligence Vendor-06/01/2026 Ready for Review-Gap Report - Due Diligence Vendor-05/29/2026 Open-Borrower 1 Gap Credit Report is Missing - Due Diligence Vendor-05/28/2026 |
Resolved-Borrower 1 Gap
Credit Report was provided. - Due Diligence Vendor-06/01/2026 |
Months Reserves exceed
minimum required - borrower has over 3 months reserves Verified employment history exceeds guidelines - Borrower has been self employed since 2007 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9416107 | |||
| XXXX | 3119298 | D | A | D | A | C | A | A | A | Closed | finding-3532 | 2026-05-26 10:59 | 2026-06-01 09:42 | Resolved | 1 - Information | C | A | Compliance | TRID | Initial Closing Disclosure Delivery Date Test | Resolved-Received CD XXXX.
Finding Resolved. - Due Diligence Vendor-06/01/2026 Ready for Review-Initial CD - Due Diligence Vendor-05/29/2026 Open-This loan failed the initial closing disclosure delivery date test due to one of the following findings:( 12 CFR §1026.19(f)(1)(ii) )The initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:"XXXX" or "Electronic Delivery" or blank, and the initial closing disclosure delivery date is less than six business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the initial closing disclosure delivery date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transactionThe creditor shall ensure that the consumer receives the disclosures required under paragraph §1026.19(f)(1)(i) no later than three business days before consummation. ------- Initial CD receipt date of XXXX is less than three business days prior to closing date of XXXX. Statute of Limitations 3 years- Expiration date is XXXX. Unable to test properly, missing CD acknowledged by borrower 3 days prior to consummation. Please provide. - Due Diligence Vendor-05/26/2026 |
Resolved-Received CD XXXX.
Finding Resolved. - Due Diligence Vendor-06/01/2026 |
Months Reserves exceed
minimum required - borrower has over 3 months reserves Verified employment history exceeds guidelines - Borrower has been self employed since 2007 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9371934 | |||
| XXXX | 3118461 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | |||||||||||||||||||
| XXXX | 3110835 | D | A | D | A | A | A | A | A | Closed | FCRE1186 | 2026-05-28 00:09 | 2026-06-01 15:46 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited DTI Exceeds AUS DTI | Resolved-Education loan
payment removed with > 12 months and asset depletion was included. - Due
Diligence Vendor-06/01/2026 Open-Audited DTI of 53.42% exceeds AUS DTI of 49.4% Audited DTI of 53.42% exceeds AUS DTI of 49.4% - Due Diligence Vendor-05/28/2026 |
Resolved-Education loan
payment removed with > 12 months and asset depletion was included. - Due
Diligence Vendor-06/01/2026 |
Months Reserves exceed
minimum required - Reserves: 18 Min 6 (does not include net proceeds) Residual Income =/> 1.5 times XXXX monthly residual income - Residual Income: XXXX |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 9413595 | ||||
| XXXX | 3110835 | D | A | D | A | A | A | A | A | Closed | FCRE1506 | 2026-05-28 15:24 | 2026-06-01 15:44 | Resolved | 1 - Information | C | A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-The Final
Reviewed QM Status is acceptable. - Due Diligence Vendor-06/01/2026 Ready for Review-Please revisit. Seller GL's Asset Depletion / Utilization allow 100% of the value of checking/savings/money market. Thank you! - Due Diligence Vendor-05/29/2026 Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Cannot use B1 asset depletion income from chkg acct for qualifying per XXXX GL - Due Diligence Vendor-05/28/2026 |
Resolved-The Final Reviewed
QM Status is acceptable. - Due Diligence Vendor-06/01/2026 |
Months Reserves exceed
minimum required - Reserves: 18 Min 6 (does not include net proceeds) Residual Income =/> 1.5 times XXXX monthly residual income - Residual Income: XXXX |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 9431300 | ||||
| XXXX | 3110835 | D | A | D | A | A | A | A | A | Closed | FCRE9550 | 2026-05-28 00:15 | 2026-06-01 15:27 | Resolved | 1 - Information | D | A | Credit | Debt | Missing Supporting Credit Documents | Resolved-Borrower's
student loan was deferred for > 12 months. - Due Diligence
Vendor-06/01/2026 Ready for Review-Please revisit. Seller GL's for student loans: Use the payment on the credit report. If the credit report does not provide a payment, use one of the following options: 0.5% of the loan balance / Obtain student loan documentation to verify the actual monthly payment / For deferred loans > 12 months, no payment is required . Page 1348-1350 reflect P&I repayment start date 12/07/2028. Thank you! - Due Diligence Vendor-05/29/2026 Open-Missing documentation to support lender excluding student loans for B1 as documentation provided does not verify a deferrment date. Other findings may apply. - Due Diligence Vendor-05/28/2026 |
Resolved-Borrower's student
loan was deferred for > 12 months. - Due Diligence Vendor-06/01/2026 |
Months Reserves exceed
minimum required - Reserves: 18 Min 6 (does not include net proceeds) Residual Income =/> 1.5 times XXXX monthly residual income - Residual Income: XXXX |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 9413631 | ||||
| XXXX | 3110835 | D | A | D | A | A | A | A | A | Closed | FCRE0200 | 2026-05-27 23:46 | 2026-06-01 15:26 | Resolved | 1 - Information | C | A | Credit | Debt | Missing proof of liability not disclosed on credit report | Resolved-Seller used .5%
of loan balance for qualification per guidelines. - Due Diligence
Vendor-06/01/2026 Ready for Review-Please revisit. Seller GL's for student loans: Use the payment on the credit report. If the credit report does not provide a payment, use one of the following options: 0.5% of the loan balance / Obtain student loan documentation to verify the actual monthly payment / For deferred loans > 12 months, no payment is required . Seller used .5% of loan balance for qualification. Thank you! - Due Diligence Vendor-05/29/2026 Open-Missing documenation to support lender's rational for the monthly payments calculated for Borrower 2 deferred student loans. Other findings may apply. - Due Diligence Vendor-05/28/2026 |
Resolved-Seller used .5% of
loan balance for qualification per guidelines. - Due Diligence
Vendor-06/01/2026 |
Months Reserves exceed
minimum required - Reserves: 18 Min 6 (does not include net proceeds) Residual Income =/> 1.5 times $XX monthly residual income - Residual Income: $XX |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 9413273 | ||||
| XXXX | 3117621 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | |||||||||||||||||||
| XXXX | 3115002 | C | B | C | B | A | A | A | A | Closed | FCRE1198 | 2026-05-28 11:19 | 2026-06-12 12:37 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Waived-Originator waiver
applied to non-material finding with compensating factors. Exception for 11.43 months of reserves, 12
required. - Due Diligence Vendor-06/12/2026 Open-Audited Reserves of 11.43 month(s) are less than Guideline Required Reserves of 12 month(s) - Due Diligence Vendor-05/28/2026 |
Waived-Originator waiver
applied to non-material finding with compensating factors. Exception for 11.43 months of reserves, 12
required. - Due Diligence Vendor-06/12/2026 |
DSCR =/> 1.00 and
minimum is 0.85 or Less - Required is 0.75 Borrower has 1.123 Required is
0.75 Borrower has 1.123 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 772 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | 9423361 | ||||
| XXXX | 3115002 | C | B | C | B | A | A | A | A | Closed | FCRE1440 | 2026-05-28 11:07 | 2026-06-11 16:20 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Client exception
granted for rent free, waiver applied with compactors - Due Diligence
Vendor-06/11/2026 Ready for Review-XXXX gave exception for borrower living rent free - Due Diligence Vendor-06/10/2026 Open-Housing History Does Not Meet Guideline Requirements Borrower lives rent free. Per guidelines, Borrower(s) residing in a marital home owned/rented solely by the non-borrowing spouse must provide rental verification to include evidence of an active lease in place. Provide evidence of lease of primary residence. Additional conditions may apply. - Due Diligence Vendor-05/28/2026 |
Waived-Client exception
granted for rent free, waiver applied with compactors - Due Diligence
Vendor-06/11/2026 |
DSCR =/> 1.00 and
minimum is 0.85 or Less - Required is 0.75 Borrower has 1.123 Required is
0.75 Borrower has 1.123 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 772 |
FICO 20 points > program minimum (700 floor) | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Investor Post-Close | No | 9422934 | ||
| XXXX | 3115479 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | |||||||||||||||||||
| XXXX | 3118743 | D | B | D | A | C | B | A | A | Closed | FCRE0044 | 2026-06-24 12:37 | 2026-07-08 13:49 | Resolved | 1 - Information | C | A | Credit | Eligibility | File does not contain LOX for credit inquiries | Resolved-Received
signed/dated LOX for credit inquiries - Due Diligence Vendor-07/08/2026 Ready for Review-Signed LOX - Due Diligence Vendor-07/07/2026 Counter-Received LOX for inquiry however the LOX is not dated or signed. Please provide fully executed LOX - Due Diligence Vendor-07/06/2026 Ready for Review-Credit LOE - Due Diligence Vendor-07/01/2026 Open-LOX for credit inquiries is missing. Provide letter of explanation for the XXXX inquiry from XXXX reporting on the gap credit report. - Due Diligence Vendor-06/24/2026 |
Resolved-Received
signed/dated LOX for credit inquiries - Due Diligence Vendor-07/08/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 8.35 LTV is less than guideline maximum - Required is 75 Borrower has 70 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 662 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9916806 | |||
| XXXX | 3118743 | D | B | D | A | C | B | A | A | Closed | FCRE5782 | 2026-05-28 15:07 | 2026-06-24 12:40 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Gap credit report
provided. Separate finding added for letter of explanation for the XXXX
inquiry from XXXX. - Due Diligence Vendor-06/24/2026 Counter-Gap credit report provided. Provide letter of explanation for the XXXX inquiry from XXXX. - Due Diligence Vendor-06/01/2026 Ready for Review-LQI - Due Diligence Vendor-05/29/2026 Open-Borrower 1 Gap Credit Report is Missing - Due Diligence Vendor-05/28/2026 |
Resolved-Gap credit report
provided. Separate finding added for letter of explanation for the XXXX
inquiry from XXXX. - Due Diligence Vendor-06/24/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 8.35 LTV is less than guideline maximum - Required is 75 Borrower has 70 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 662 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9430665 | |||
| XXXX | 3118743 | D | B | D | A | C | B | A | A | Closed | FCRE1506 | 2026-05-28 15:36 | 2026-06-24 12:38 | Resolved | 1 - Information | C | A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-Credit Findings
have been resolved. - Due Diligence Vendor-06/10/2026 Ready for Review-Rebuttal - Due Diligence Vendor-06/10/2026 Counter-Settlement statement provided for the sale of a property; this condition will resolve once the housing history has been resolved. - Due Diligence Vendor-06/02/2026 Ready for Review-ALTA - Due Diligence Vendor-06/01/2026 Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Short FTC and reserves; missing HUD from sale of home - Due Diligence Vendor-05/28/2026 |
Resolved-Credit Findings
have been resolved. - Due Diligence Vendor-06/10/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 8.35 LTV is less than guideline maximum - Required is 75 Borrower has 70 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 662 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9431833 | |||
| XXXX | 3118743 | D | B | D | A | C | B | A | A | Closed | FCRE1440 | 2026-05-28 15:07 | 2026-06-10 16:27 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received evidence
of free and clear. - Due Diligence Vendor-06/10/2026 Ready for Review-Free&clear rebuttal - Due Diligence Vendor-06/09/2026 Open-Housing History Does Not Meet Guideline Requirements Missing evidence that current primary residence is owned free and clear - Due Diligence Vendor-05/28/2026 |
Resolved-Received evidence
of free and clear. - Due Diligence Vendor-06/10/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 8.35 LTV is less than guideline maximum - Required is 75 Borrower has 70 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 662 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9430664 | |||
| XXXX | 3118743 | D | B | D | A | C | B | A | A | Closed | FCRE1325 | 2026-05-28 14:51 | 2026-06-10 16:25 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 CPA Letter Missing | Resolved-Tax preparer
letter with XXXX search of preparer's business in file. - Due Diligence
Vendor-06/01/2026 Ready for Review-CPA - Due Diligence Vendor-05/29/2026 Open-Borrower 1 CPA Letter Missing Missing CPA license validation - Due Diligence Vendor-05/28/2026 |
Resolved-Tax preparer
letter with XXXX search of preparer's business in file. - Due Diligence
Vendor-06/01/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 8.35 LTV is less than guideline maximum - Required is 75 Borrower has 70 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 662 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9430228 | |||
| XXXX | 3118743 | D | B | D | A | C | B | A | A | Closed | FCRE7806 | 2026-05-29 11:31 | 2026-06-10 16:25 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Bank Statement Summary/Lender Worksheet is Missing | Resolved-Received income
worksheet. - Due Diligence Vendor-06/10/2026 Ready for Review-Bank Statement - Due Diligence Vendor-06/09/2026 Open-The Borrower 1 Bank Statement Summary/Lender Worksheet is Missing - Due Diligence Vendor-05/29/2026 |
Resolved-Received income
worksheet. - Due Diligence Vendor-06/10/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 8.35 LTV is less than guideline maximum - Required is 75 Borrower has 70 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 662 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9452005 | |||
| XXXX | 3118743 | D | B | D | A | C | B | A | A | Closed | FCRE1198 | 2026-05-29 11:43 | 2026-06-02 14:38 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Settlement
statement provided for the sale of a property. - Due Diligence
Vendor-06/02/2026 Ready for Review-ALTA - Due Diligence Vendor-06/01/2026 Open-Audited Reserves of month(s) are less than Guideline Required Reserves of 6 month(s) - Due Diligence Vendor-05/29/2026 |
Resolved-Settlement
statement provided for the sale of a property. - Due Diligence
Vendor-06/02/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 8.35 LTV is less than guideline maximum - Required is 75 Borrower has 70 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 662 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9452586 | |||
| XXXX | 3118743 | D | B | D | A | C | B | A | A | Closed | FCRE9501 | 2026-05-29 11:40 | 2026-06-02 14:34 | Resolved | 1 - Information | C | A | Credit | Assets | Total Qualified Assets Post-Close is Less than $0 | Resolved-Settlement
statement provided for the sale of a property. - Due Diligence
Vendor-06/02/2026 Ready for Review-ALTA - Due Diligence Vendor-06/01/2026 Open-Total Qualified Assets Post-Close amount is 'XXXX'. Assets are Insufficient. Missing HUD1 or Closing Disclosure from Previous Sale: of XXXX showing payoff of netting a minimum of XXXX. Borrower cannot bring funds to close if so it must be documented. Also the sale of the home cannot be a short sale - Due Diligence Vendor-05/29/2026 |
Resolved-Settlement
statement provided for the sale of a property. - Due Diligence
Vendor-06/02/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 8.35 LTV is less than guideline maximum - Required is 75 Borrower has 70 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 662 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9452440 | |||
| XXXX | 3118743 | D | B | D | A | C | B | A | A | Closed | finding-3540 | 2026-05-27 09:31 | 2026-06-02 11:47 | Resolved | 1 - Information | C | A | Compliance | TRID | Revised Closing Disclosure Delivery Date Test (No Waiting Period Required) Test | Resolved-Received copy of
CD. finding Resolved. - Due Diligence Vendor-06/02/2026 Ready for Review-Signed CD - Due Diligence Vendor-06/01/2026 Open-This loan failed the revised closing disclosure delivery date test (no waiting period required). ( 12 CFR §1026.19(f)(2)(i) )The revised closing disclosure delivery does not require a new waiting period and:The revised closing disclosure delivery date is provided and the revised closing disclosure method of delivery is marked as either"XXXX" or "Electronic Delivery" or blank, and the revised closing disclosure delivery date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the revised closing disclosure delivery date is after the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe revised closing disclosure receipt date is provided and the revised closing disclosure receipt date is after the consummation date, or closing / settlement date if no consummation date is provided, of the transaction.Changes before consummation not requiring a new waiting period. Except as provided in §1026.19(f)(2)(ii), if the disclosures provided under §1026.19(f)(1)(i) become inaccurate before consummation, the creditor shall provide corrected disclosures reflecting any changed terms to the consumer so that the consumer receives the corrected disclosures at or before consummation. Notwithstanding the requirement to provide corrected disclosures at or before consummation, the creditor shall permit the consumer to inspect the disclosures provided under this paragraph, completed to set forth those items that are known to the creditor at the time of inspection, during the business day immediately preceding consummation, but the creditor may omit from inspection items related only to the seller's transaction. -----CD XXXX is not signed and there is no evidence of when it was provided to borrower. Statute of Limitations 3 years- Expiration date is XXXX. - Due Diligence Vendor-05/27/2026 |
Resolved-Received copy of
CD. finding Resolved. - Due Diligence Vendor-06/02/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 8.35 LTV is less than guideline maximum - Required is 75 Borrower has 70 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 662 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9395402 | |||
| XXXX | 3118743 | D | B | D | A | C | B | A | A | Closed | FCOM1301 | 2026-05-27 09:01 | 2026-05-27 09:01 | Waived | 2 - Non-Material | B | B | Compliance | Missing Doc | Home Loan Toolkit is Missing | Waived-The Home Loan Toolkit disclosure is missing. Originator waiver applied to non-material findings - Due Diligence Vendor-05/27/2026 | Waived-The Home Loan
Toolkit disclosure is missing. Originator waiver applied to non-material
findings - Due Diligence Vendor-05/27/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 8.35 LTV is less than guideline maximum - Required is 75 Borrower has 70 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 662 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | No | 9394761 | ||||
| XXXX | 3118743 | D | B | D | A | C | B | A | A | Closed | FCOM1267 | 2026-05-27 09:01 | 2026-05-27 09:01 | Waived | 2 - Non-Material | B | B | Compliance | Missing Doc | Homeownership Counseling Disclosure Is Partially Provided | Waived-Homeownership Counseling Disclosure Is Partially Provided (Date Creditor Received Application is XXXX and Occupancy is Primary Residence) Originator waiver applied to non-material findings - Due Diligence Vendor-05/27/2026 | Waived-Homeownership
Counseling Disclosure Is Partially Provided (Date Creditor Received
Application is XXXX and Occupancy is Primary Residence) Originator waiver
applied to non-material findings - Due Diligence Vendor-05/27/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 8.35 LTV is less than guideline maximum - Required is 75 Borrower has 70 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 662 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | No | 9394762 | ||||
| XXXX | 3118743 | D | B | D | A | C | B | A | A | Closed | FCOM5135 | 2026-05-27 09:01 | 2026-05-27 09:01 | Waived | 2 - Non-Material | B | B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material findings - Due Diligence Vendor-05/27/2026 | Waived-Required Affiliated
Business Disclosure Missing Originator waiver applied to non-material
findings - Due Diligence Vendor-05/27/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 8.35 LTV is less than guideline maximum - Required is 75 Borrower has 70 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 662 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | No | 9394763 | ||||
| XXXX | 3117567 | D | A | D | A | A | A | A | A | Closed | FCRE4104 | 2026-05-28 16:09 | 2026-06-02 15:38 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing explanation and supporting documentation for large deposit(s) | Resolved-Upon further
review, a LOX from the borrower was in file. - Due Diligence
Vendor-06/02/2026 Ready for Review-UW LOX - Due Diligence Vendor-06/01/2026 Ready for Review-Asset Summary - Due Diligence Vendor-06/01/2026 Open-Provide documentation for Large deposits XXXX account using for funds to close. (This may effect asset utilization income) additional findings may apply. - Due Diligence Vendor-05/28/2026 |
Resolved-Upon further
review, a LOX from the borrower was in file. - Due Diligence
Vendor-06/02/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 41.61 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 793 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9433600 | |||
| XXXX | 3117453 | D | B | D | B | C | A | A | A | Closed | finding-3352 | 2026-05-28 09:54 | 2026-06-10 10:41 | Resolved | 1 - Information | C | A | Compliance | Points & Fees | Higher-Priced Mortgage Loan Test | Resolved-Loan contains
full appraisal and escrows, meeting HPML compliance - Due Diligence Vendor-06/10/2026 Open-This loan failed the higher-priced mortgage loan test. ( 12 CFR § 1026.35(a)(1) )Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. - Due Diligence Vendor-05/28/2026 |
Resolved-Loan contains full
appraisal and escrows, meeting HPML compliance - Due Diligence Vendor-06/10/2026 |
Qualifying DTI below
maximum allowed - . Required is 50 Borrower has 33.32 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 712 |
QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9420934 | ||||
| XXXX | 3117453 | D | B | D | B | C | A | A | A | Closed | FCRE1506 | 2026-05-29 16:51 | 2026-06-04 14:20 | Resolved | 1 - Information | C | A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-The Final
Reviewed QM Status is acceptable or the loan is a Business Purpose loan. -
Due Diligence Vendor-06/04/2026 Ready for Review-see uw response - Due Diligence Vendor-06/02/2026 Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Missing housing history on current primary. - Due Diligence Vendor-05/29/2026 |
Resolved-The Final Reviewed
QM Status is acceptable or the loan is a Business Purpose loan. - Due
Diligence Vendor-06/04/2026 |
Qualifying DTI below
maximum allowed - . Required is 50 Borrower has 33.32 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 712 |
QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9461271 | ||||
| XXXX | 3117453 | D | B | D | B | C | A | A | A | Closed | FCRE1440 | 2026-05-29 15:06 | 2026-06-04 14:16 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Per Expanded AUS
guidelines, follow AUS for qualifying, which did not require the full housing
history. - Due Diligence Vendor-06/04/2026 Ready for Review-see uw repsonse - Due Diligence Vendor-06/02/2026 Open-Housing History Does Not Meet Guideline Requirements Missing - VOR / pay history on current primary residence. Copy of the lease was provided however missing 9 months of payments to the landlord from 08/2025 to 04/2026. - Due Diligence Vendor-05/29/2026 |
Resolved-Per Expanded AUS
guidelines, follow AUS for qualifying, which did not require the full housing
history. - Due Diligence Vendor-06/04/2026 |
Qualifying DTI below
maximum allowed - . Required is 50 Borrower has 33.32 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 712 |
XXXX | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9458326 | |||
| XXXX | 3117453 | D | B | D | B | C | A | A | A | Closed | FCRE5782 | 2026-05-29 15:06 | 2026-06-04 14:16 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Gap credit report
was provided. - Due Diligence Vendor-06/04/2026 Ready for Review-credit - Due Diligence Vendor-06/01/2026 Open-Borrower 1 Gap Credit Report is Missing - Due Diligence Vendor-05/29/2026 |
Resolved-Gap credit report
was provided. - Due Diligence Vendor-06/04/2026 |
Qualifying DTI below
maximum allowed - . Required is 50 Borrower has 33.32 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 712 |
XXXX | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9458327 | |||
| XXXX | 3117453 | D | B | D | B | C | A | A | A | Closed | FCRE1198 | 2026-05-29 15:56 | 2026-05-29 17:17 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Waived-Originator waiver
applied to non material finding - Due
Diligence Vendor-05/29/2026 Open-Audited Reserves of 5.93 month(s) are less than Guideline Required Reserves of 6 month(s) Audited Reserves are less than Guideline Required Reserves (Number of Months) - Due Diligence Vendor-05/29/2026 |
Waived-Originator waiver
applied to non material finding - Due
Diligence Vendor-05/29/2026 |
Qualifying DTI below
maximum allowed - . Required is 50 Borrower has 33.32 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 712 |
QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | No | 9459615 | ||||
| XXXX | 3117441 | D | A | D | A | D | A | A | A | Closed | FPRO1255 | 2026-05-29 12:44 | 2026-06-10 16:53 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | HOA Questionnaire Document is Missing | Resolved-Received condo
questionnaire. - Due Diligence
Vendor-06/10/2026 Ready for Review-Condo Questionnaire - Due Diligence Vendor-06/09/2026 Open-Subject Property is part of an HOA but the HOA Questionnaire Document is Missing. Missing HOA Questionnaire, subject property condo unit. - Due Diligence Vendor-05/29/2026 |
Resolved-Received condo
questionnaire. - Due Diligence
Vendor-06/10/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 660 Borrower has
710 Months Reserves exceed minimum required - 21.22mos reserves. Per guides, 3 reserves required |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Second Home | Purchase | NA | N/A | N/A | 9454934 | |||
| XXXX | 3117441 | D | A | D | A | D | A | A | A | Closed | FCOM5135 | 2026-05-28 09:12 | 2026-06-09 08:28 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Resolved-Received LOE that
no referral was made to any of lenders affiliates. Finding Resolved. - Due
Diligence Vendor-06/09/2026 Ready for Review-Updated Affiliates memo - Due Diligence Vendor-06/08/2026 Counter-Because of the wording on the FACTS disclosure of "Such as" insinuates this is not a full list of your affiliates. Please provide a copy of all affiliates for us to compare to the information in Section B on the final CD. - Due Diligence Vendor-06/04/2026 Ready for Review-Affiliates Memo - Due Diligence Vendor-06/03/2026 Open-Required Affiliated Business Disclosure Missing Missing Affiliated Business disclosure, unable to test fee tolerance properly. Additional Findings may apply upon receipt. Statute of Limitations 3 years - Expiration Date is XXXX. - Due Diligence Vendor-05/28/2026 |
Resolved-Received LOE that
no referral was made to any of lenders affiliates. Finding Resolved. - Due
Diligence Vendor-06/09/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 660 Borrower has
710 Months Reserves exceed minimum required - 21.22mos reserves. Per guides, 3 reserves required |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Second Home | Purchase | NA | N/A | N/A | 9420098 | |||
| XXXX | 3117300 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | |||||||||||||||||||
| XXXX | 3116544 | C | A | C | A | A | A | A | A | Closed | FCRE1506 | 2026-06-01 09:39 | 2026-06-16 12:15 | Resolved | 1 - Information | C | A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-Credit findings
have been resolved - Due Diligence Vendor-06/16/2026 Ready for Review-supporting docs - Due Diligence Vendor-06/12/2026 Counter-Received 12 mos business bank statements and memo noting business pays 2 autos and departing residence listed for sale with equity. Received 12 mons business bank statements confirming auto $XX paid by business. Missing: (1) Jan, Nov and Aug payments by business for auto $XX. (2) Missing LOE from borrowers on intent to sell primary and appraisal confirming equity. - Due Diligence Vendor-06/09/2026 Ready for Review-uw response & supporting docs - Due Diligence Vendor-06/05/2026 Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. The 1008 states all other monthly payments as $2,320, which does not include the departing primary PITI nor two of the installment loan payments. No documentation was provided to support excluding these. - Due Diligence Vendor-06/01/2026 |
Resolved-Credit findings
have been resolved - Due Diligence Vendor-06/16/2026 |
Credit history exceeds
minimum required - > 2 years available Qualifying DTI below maximum allowed - Required is 50 Borrower has 38.24 Months Reserves exceed minimum required - 6 months required vs. 8 months available. |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9477751 | |||
| XXXX | 3116544 | C | A | C | A | A | A | A | A | Closed | FCRE1193 | 2026-06-01 09:42 | 2026-06-16 12:12 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Resolved-Received payment
histories, LOE and 1025 for the departing residence. Audited DTI of 38.24% is
less than or equal to Guideline DTI of 50% - Due Diligence Vendor-06/16/2026
Ready for Review-supporting docs - Due Diligence Vendor-06/12/2026 Counter-Revised DTI: 55.97%>50.00% Received 12 mos business bank statements and memo noting business pays 2 autos and departing residence listed for sale with equity. Received 12 mons business bank statements confirming auto $XX paid by business. Missing: (1) Jan, Nov and Aug payments by business for auto $XX. (2) Missing LOE from borrowers on intent to sell primary and appraisal confirming equity. - Due Diligence Vendor-06/09/2026 Open-Audited DTI of 59.22% exceeds Guideline DTI of 50% - Due Diligence Vendor-06/01/2026 |
Resolved-Received payment
histories, LOE and 1025 for the departing residence. Audited DTI of 38.24% is
less than or equal to Guideline DTI of 50% - Due Diligence
Vendor-06/16/2026 |
Credit history exceeds
minimum required - > 2 years available Qualifying DTI below maximum allowed - Required is 50 Borrower has 38.24 Months Reserves exceed minimum required - 6 months required vs. 8 months available. |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9477816 | |||
| XXXX | 3119010 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | |||||||||||||||||||
| XXXX | 3116685 | C | B | C | B | A | A | A | A | Closed | FCRE1197 | 2026-06-02 11:41 | 2026-06-12 11:49 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Audited FICO is less than Guideline FICO | Waived-Originator provided
a waiver for FICO 654<660 minimum FICO required, applied to non material
finding with comp factors - Due Diligence Vendor-06/12/2026 Ready for Review-Please waive/downgrade as this is allowed on alternate program guidelines. Comp factors: 60% LTV; less than 4% DTI; 0x30x24 - Due Diligence Vendor-06/10/2026 Counter-XXXX matrix provided. Loan was submitted with XXXX. 660 is the minimum FICO Score. - Due Diligence Vendor-06/08/2026 Ready for Review-Please escalate this item. - Due Diligence Vendor-06/05/2026 Open-Audited FICO of 656 is less than Guideline FICO of 660. (Email in file that speaks to getting an exception for the FICO, but no actual exception request or approval in the file.) - Due Diligence Vendor-06/02/2026 |
Waived-Originator provided
a waiver for FICO 654<660 minimum FICO required, applied to non material
finding with comp factors - Due Diligence Vendor-06/12/2026 |
LTV is less than guideline
maximum - Required is 70 Borrower has 60 Qualifying DTI below maximum allowed - Required is 50 Borrower has 3.93 |
LTV: 60%<70% max allowed DTI: 4% dti<50% allowed Credit: 0x12 for over 24 months |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | 9505306 | ||
| XXXX | 3116685 | C | B | C | B | A | A | A | A | Closed | FCRE0024 | 2026-05-28 08:13 | 2026-06-09 12:52 | Resolved | 1 - Information | C | A | Credit | Eligibility | Borrower has outstanding judgements according to the 1003 Declaration | Resolved-Received
confirmation marked in error. - Due Diligence Vendor-06/09/2026 Ready for Review-Please see LOX for URLA error - Due Diligence Vendor-06/05/2026 Open-Borrower has outstanding judgements according to the 1003 Declaration. Missing letter of explanation. Additional conditions may apply after review. - Due Diligence Vendor-06/02/2026 |
Resolved-Received
confirmation marked in error. - Due Diligence Vendor-06/09/2026 |
LTV is less than guideline
maximum - Required is 70 Borrower has 60 Qualifying DTI below maximum allowed - Required is 50 Borrower has 3.93 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 9418689 | |||
| XXXX | 3115935 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | |||||||||||||||||||
| XXXX | 3115632 | C | A | A | A | C | A | A | A | Closed | finding-3634 | 2026-05-28 17:31 | 2026-06-03 11:28 | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-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
$0.46.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). Received explanation
that fees increased due to product change, but where not listed on the COC.
Finding Resolved. - Due Diligence Vendor-06/03/2026 Ready for Review-Please revisit. COC Letter page 218 reflects change XXXX reflects borrower requested change in loan program resulting in addition or increase to product specific fees. The increase of fee's corelates to the rate lock request dated XXXX page 1183. Thank you! - Due Diligence Vendor-06/02/2026 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 $XX.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). ----- Zero (0%) tolerance fees increased by $XX ($XX Points - Loan Discount Fee, $XX PURCHASER REVIEW FEE AND $XX Tax Service Fee) without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of $XX, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Remediation options (1) within 60 days of consummation expires XXXX (2) within 60 days of discovery expires XXXX remains EV2B under TILA 130(b) (3) After 60 days of discovery, no cure, Statute of Limitations - 3 Years; Expiration Date: XXXX remains EV3C - Due Diligence Vendor-05/28/2026 |
Resolved-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
$0.46.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). Received explanation
that fees increased due to product change, but where not listed on the COC.
Finding Resolved. - Due Diligence Vendor-06/03/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 660 Borrower has
785 Qualifying DTI below maximum allowed - Required is 50 Borrower has 43.32 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Second Home | Purchase | NA | N/A | N/A | 9435977 | ||||
| XXXX | 3118386 | D | A | D | A | A | A | A | A | Closed | FCRE1506 | 2026-06-01 12:45 | 2026-06-11 16:37 | Resolved | 1 - Information | C | A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-Received
corrected 1008 and 1003 showing reo included in DTI - Due Diligence
Vendor-06/11/2026 Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Additional documentation is required to support excluding the additional property expense for XXXX property - Due Diligence Vendor-06/01/2026 |
Resolved-Received corrected
1008 and 1003 showing reo included in DTI - Due Diligence
Vendor-06/11/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 620 Borrower has
699 LTV is less than guideline maximum - Required is 75 Borrower has 40.23 Qualifying DTI below maximum allowed - Required is 50 Borrower has 29.73 |
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 | 9482787 | ||||
| XXXX | 3118386 | D | A | D | A | A | A | A | A | Closed | FCRE0200 | 2026-06-01 12:05 | 2026-06-11 16:35 | Resolved | 1 - Information | C | A | Credit | Debt | Missing proof of liability not disclosed on credit report | Resolved-Received revised
1008 and 1003 reflecting reo within DTI and DTI meeting guidelines. - Due Diligence Vendor-06/11/2026 Ready for Review-updated 1003, 1008 and approval - Due Diligence Vendor-06/10/2026 Open-P&I payment for XXXX are not included in liabilities and there is no documentation to explain or support. It appears there is a mortgage on the property, and the property is titled in the borrowers name and another. Taxes and insurance are uploaded showing the borrowers name and another. Need explanation and supporting documentation to exclude the monthly payment. Adding in this liability would push DTI to 43%. - Due Diligence Vendor-06/01/2026 |
Resolved-Received revised
1008 and 1003 reflecting reo within DTI and DTI meeting guidelines. - Due Diligence Vendor-06/11/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 620 Borrower has
699 LTV is less than guideline maximum - Required is 75 Borrower has 40.23 Qualifying DTI below maximum allowed - Required is 50 Borrower has 29.73 |
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 | 9481892 | |||
| XXXX | 3118386 | D | A | D | A | A | A | A | A | Closed | FCRE7806 | 2026-06-01 12:13 | 2026-06-03 13:24 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Bank Statement Summary/Lender Worksheet is Missing | Resolved-Bank Statement
worksheet was provided. - Due Diligence Vendor-06/03/2026 Ready for Review-Please revisit. Pages 392- 396 of loan file. Thank you! - Due Diligence Vendor-06/01/2026 Open-The Borrower 1 Bank Statement Summary/Lender Worksheet is Missing No income worksheet is provided to indicate what, if any, deposits were excluded, or what expense factor was used. - Due Diligence Vendor-06/01/2026 |
Resolved-Bank Statement
worksheet was provided. - Due Diligence Vendor-06/03/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 620 Borrower has
699 LTV is less than guideline maximum - Required is 75 Borrower has 40.23 Qualifying DTI below maximum allowed - Required is 50 Borrower has 29.73 |
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 | 9482047 | |||
| XXXX | 3118338 | C | A | A | A | C | A | A | A | Closed | finding-3634 | 2026-05-28 17:18 | 2026-06-03 11:37 | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Received
explanation that fees increase with loan amount COC, fees were not lised on
the COC. Finding Resolved. - Due Diligence Vendor-06/03/2026 Ready for Review-Please revisit. Loan amount LE dated XXXX transfer taxes XXXX. COC letter in file pg 580 reflects increase of loan amount. LE dated XXXX reflects increase of loan amount of XXXX transfer taxes XXXX. Thank you! - Due Diligence Vendor-06/02/2026 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 XXXX.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). ----- Zero (0%) tolerance fees increased by XXXX (Transfer Fee) without a valid COC in file. Final CD includes a Lender credit of $4.00 for increase in closing cost above legal limit. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of XXXX, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Remediation options (1) within 60 days of consummation expires XXXX (2) within 60 days of discovery expires XXXX remains EV2B under TILA 130(b) (3) After 60 days of discovery, no cure, Statute of Limitations - 3 Years; Expiration Date: XXXX remains EV3C - Due Diligence Vendor-05/28/2026 |
Resolved-Received
explanation that fees increase with loan amount COC, fees were not lised on
the COC. Finding Resolved. - Due Diligence Vendor-06/03/2026 |
LTV is less than guideline
maximum - Required is 70 Borrower has 59.96 Qualifying DTI below maximum allowed - Required is 50 Borrower has 38.31 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 9435686 | ||||
| XXXX | 3113358 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | |||||||||||||||||||
| XXXX | 3117402 | C | A | C | A | A | A | A | A | Closed | FCRE0970 | 2026-06-01 14:49 | 2026-06-05 14:20 | Resolved | 1 - Information | C | A | Credit | Eligibility | Appraisal has issues (credit) | Resolved-Received revised
appraisal confirming smoke detectors present.
- Due Diligence Vendor-06/05/2026 Ready for Review-06/04/2026 - XX: Please see attached. The appraiser has included a photo of the smoke detector for unit #1. - Due Diligence Vendor-06/04/2026 Open-Provide evidence or notation that Unit 1 has smoke detectors. - Due Diligence Vendor-06/01/2026 |
Resolved-Received revised
appraisal confirming smoke detectors present.
- Due Diligence Vendor-06/05/2026 |
Months Reserves exceed
minimum required - Minm 3, Borrower has 29.12 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 728 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9485590 | |||
| XXXX | 3116571 | D | A | D | A | A | A | A | A | Closed | FCRE1510 | 2026-06-02 11:39 | 2026-06-22 08:43 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received DOT that
included legal description. There are no issues present on the Mortgage
Document (Deed of Trust). - Due Diligence Vendor-06/22/2026 Ready for Review-please see attached doc XXXX- Due Diligence Vendor-06/18/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. -----Missing Legal - Due Diligence Vendor-06/02/2026 |
Resolved-Received DOT that
included legal description. There are no issues present on the Mortgage
Document (Deed of Trust). - Due Diligence Vendor-06/22/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 10.3 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 715 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9505260 | |||
| XXXX | 3116571 | D | A | D | A | A | A | A | A | Closed | FCOM1352 | 2026-06-03 09:56 | 2026-06-05 15:37 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-After further
review, a business purpose affidavit is not required. - Due Diligence
Vendor-06/05/2026 Counter-Received confirmation business purpose not obtained. Please provide occupancy certification - Due Diligence Vendor-06/05/2026 Ready for Review-06/4 MWM: Please note that this is a bank Statement-XXXX transaction. per the Bank Statement XXXX guidelines a business purpose affidavit disclosure is not required. If this product was an XXXX product the business purpose affidavit would be required, but since this is currently a bank statement loan, the disclosure is not required and the loan meets the eligible guidelines. - Due Diligence Vendor-06/04/2026 Open-The Business Purpose Affidavit Disclosure is Missing - Due Diligence Vendor-06/03/2026 |
Resolved-After further
review, a business purpose affidavit is not required. - Due Diligence
Vendor-06/05/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 10.3 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 715 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9527389 | ||||
| XXXX | 3119049 | C | A | C | A | A | A | A | A | Closed | FCRE7009 | 2026-06-03 12:49 | 2026-06-22 14:05 | Resolved | 1 - Information | C | A | Credit | Insurance | Hazard insurance dwelling coverage is not sufficient | Resolved-RCE provided. -
Due Diligence Vendor-06/22/2026 Ready for Review-RCE attached - Due Diligence Vendor-06/12/2026 Open-Insufficient Coverage Amount for Insured Subject Property. - Due Diligence Vendor-06/03/2026 |
Resolved-RCE provided. -
Due Diligence Vendor-06/22/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 30.15 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 755 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9536531 | |||
| XXXX | 3115398 | D | A | D | A | A | A | A | A | Closed | FCRE4104 | 2026-06-02 16:11 | 2026-06-05 14:13 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing explanation and supporting documentation for large deposit(s) | Resolved-Received
confirmation of transfers and no individual large deposits. - Due Diligence Vendor-06/05/2026 Ready for Review-Please revisit / provide clarification. All large deposits noted in bank statements:XXXX deposit to XXXX. All sourced with statements in file from related accounts. Thank you! - Due Diligence Vendor-06/03/2026 Open-Missing explanation and supporting documentation for large deposit(s) - Due Diligence Vendor-06/02/2026 |
Resolved-Received
confirmation of transfers and no individual large deposits. - Due Diligence Vendor-06/05/2026 |
LTV is less than guideline
maximum - Required is 85 Borrower has 70 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 775 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9514875 | ||||
| XXXX | 3115398 | D | A | D | A | A | A | A | A | Closed | FCRE1206 | 2026-06-02 15:48 | 2026-06-05 13:57 | Resolved | 1 - Information | C | A | Credit | Eligibility | All Interested Parties Not Checked with Exclusionary Lists | Resolved-All Interested
Parties Checked against Exclusionary Lists - Due Diligence Vendor-06/05/2026
Ready for Review-Fraud report - Due Diligence Vendor-06/04/2026 Open-All Interested Parties Not Checked with Exclusionary Lists Borrower's LLC was not included in Fraud Report search. - Due Diligence Vendor-06/02/2026 |
Resolved-All Interested
Parties Checked against Exclusionary Lists - Due Diligence
Vendor-06/05/2026 |
LTV is less than guideline
maximum - Required is 85 Borrower has 70 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 775 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9514430 | |||
| XXXX | 3117315 | C | A | A | A | C | A | A | A | Closed | finding-3634 | 2026-06-02 13:13 | 2026-06-10 08:55 | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Received
explanation and COC for fee increase. Finding Resolved. - Due Diligence
Vendor-06/10/2026 Ready for Review-5/15 program changed and we re-disclosed for new price/program, XXXX - Due Diligence Vendor-06/09/2026 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 XXXX.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). ----- Zero (0%) tolerance fees increased by XXXX (Discount Points) without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of XXXX, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Remediation options (1) within 60 days of consummation expires XXXX (2) within 60 days of discovery expires XXXX remains EV2B under TILA 130(b) (3) After 60 days of discovery, no cure, Statute of Limitations - 3 Years; Expiration Date: XXXX remains EV3C - Due Diligence Vendor-06/02/2026 |
Resolved-Received
explanation and COC for fee increase. Finding Resolved. - Due Diligence
Vendor-06/10/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 660 Borrower has
763 Qualifying DTI below maximum allowed - Required is 50 Borrower has 43.6 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 9509761 | |||
| XXXX | 3118821 | 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 | |||||||||||||||||||
| XXXX | 3118191 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | |||||||||||||||||||
| XXXX | 3117252 | C | A | C | A | A | A | A | A | Closed | FCRE1198 | 2026-06-02 14:02 | 2026-08-04 18:33 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Lender provided
May bank stmts for XXXX depository accts. Per lender, Brw only received 1
XXXX gift from his father and gift funds were deposited on 4/20 into XXXX
stmt only reflected 'Remote Online Deposit' so proof of transfer from donor
was requested. Lender did not provide and backed out this XXXX deposit from
qualifying. As gift funds are not considered- no waiver required. Adequate
CTC and Reserves now documented. - Due Diligence Vendor-08/04/2026 Counter-Received waiver. Please provide confirmation of sufficient funds to close, inclusive of gift funds. Waiver for use of gift funds will be processed once received. - Due Diligence Vendor-06/12/2026 Ready for Review-Please waive/downgrade reserves below minimum requirements. FICO 786 & 0x30x24 housing history. -XXXX - Due Diligence Vendor-06/10/2026 Open-Audited Reserves of month(s) are less than Guideline Required Reserves of 3 month(s) Audited reserves does not meet guideline requirements of 3 months. - Due Diligence Vendor-06/02/2026 |
Resolved-Lender provided
May bank stmts for XXXX depository accts. Per lender, Brw only received 1
XXXX gift from his father and gift funds were deposited on 4/20 into
XXXX stmt only reflected 'Remote
Online Deposit' so proof of transfer from donor was requested. Lender did not
provide and backed out this XXXX deposit from qualifying. As gift funds are
not considered- no waiver required. Adequate CTC and Reserves now documented.
- Due Diligence Vendor-08/04/2026 |
On time mortgage history
exceeds guideline requirement - Borrower has 0x30x54 months mortgage history,
guides allow up to 1x30x12 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 786 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 9511252 | |||
| XXXX | 3117252 | C | A | C | A | A | A | A | A | Closed | FCRE9501 | 2026-06-02 13:50 | 2026-08-04 18:31 | Resolved | 1 - Information | C | A | Credit | Assets | Total Qualified Assets Post-Close is Less than $0 | Resolved-Lender provided
May bank stmts for XXXX depository accts. Per lender, Brw only received 1XXXX
gift from his father and gift funds were deposited on 4/20 into XXXX stmt only reflected 'Remote Online Deposit'
so proof of transfer from donor was requested. Lender did not provide and
backed out this XXXX deposit from qualifying. As gift funds are not
considered- no waiver required. Adequate CTC and Reserves now documented. -
Due Diligence Vendor-08/04/2026 Counter-Received waiver. Please provide confirmation of sufficient funds to close, inclusive of gift funds. Waiver for use of gift funds will be processed once received. - Due Diligence Vendor-06/12/2026 Ready for Review-Please waive/downgrade reserves below minimum requirements. FICO 786 & 0x30x24 housing history. -XXXX - Due Diligence Vendor-06/10/2026 Open-Total Qualified Assets Post-Close amount is 'XXXX. Assets are Insufficient. Per guidelines, gifts are only eligible on purchase transactions. No exception provided. - Due Diligence Vendor-06/02/2026 |
Resolved-Lender provided
May bank stmts for XXXX depository accts. Per lender, Brw only received 1
XXXX gift from his father and gift funds were deposited on 4/20 into
XXXX stmt only reflected 'Remote
Online Deposit' so proof of transfer from donor was requested. Lender did not
provide and backed out this XXXX deposit from qualifying. As gift funds are
not considered- no waiver required. Adequate CTC and Reserves now documented.
- Due Diligence Vendor-08/04/2026 |
On time mortgage history
exceeds guideline requirement - Borrower has 0x30x54 months mortgage history,
guides allow up to 1x30x12 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 786 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 9510888 | |||
| XXXX | 3117999 | D | A | D | A | A | A | A | A | Closed | FCRE1174 | 2026-06-03 14:29 | 2026-06-15 11:32 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Condo Master Insurance Policy is Partial | Resolved-Page 1 of
attachment provides policy date of XXXX- Due Diligence Vendor-06/15/2026 Ready for Review-06/12/2026 - XX: Please see attached. Verification of liability coverage will be found on page #7. - Due Diligence Vendor-06/12/2026 Counter-Received rebuttal Limited Review completed and general liability coverage not required. Subject is investment in XXXX and ltv exceeds 70% max LTV for limited review investment in XXXX. Please provide proof of general liability coverage effective on or before Note date. - Due Diligence Vendor-06/09/2026 Ready for Review-06/08/2026- XX: Please note that a limited project review was completed for this transaction. Verification of liability coverage is not required per XXXX Guidelines. Additionally, page #2 of the previously provided policy confirms the liability coverage for policy XXXX. - Due Diligence Vendor-06/08/2026 Counter-Received master liability certificate effective XXXX. Please provide policy effective on Note date. - Due Diligence Vendor-06/05/2026 Ready for Review-06/04/26 - XX: Please see attached. Page #2 of the policy confirms the liability coverage from XXXX - Due Diligence Vendor-06/04/2026 Open-Condo Master Insurance Policy Partially Provided. Missing coverage limits. Unable to determine if coverage meets minimum amount of XXXX. - Due Diligence Vendor-06/03/2026 |
Resolved-Page 1 of
attachment provides policy date of XXXX - Due Diligence Vendor-06/15/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 700 Borrower has
780 Months Reserves exceed minimum required - Minm 3, Borrower has 127.42 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9539075 | |||
| XXXX | 3117999 | D | A | D | A | A | A | A | A | Closed | FCRE1206 | 2026-06-03 14:39 | 2026-06-09 12:58 | Resolved | 1 - Information | C | A | Credit | Eligibility | All Interested Parties Not Checked with Exclusionary Lists | Resolved-Received updated
fraud report reflecting all interested parties. - Due Diligence
Vendor-06/09/2026 Ready for Review-06/08/26 - XX: Please see attached. - Due Diligence Vendor-06/08/2026 Counter-Received rebuttal. Non borrower is vested owner on security instrument and an interested party. Please provide updated fraud report reflecting clear. - Due Diligence Vendor-06/05/2026 Ready for Review-06/04/2026 - XX: XXXX does not include NBI's in the Fraud report search due to neither their credit or income being considered for qualification. Additionally, NBI's are not considered an interested party per XXXX, Interested Party Contributions (IPCs) (05/07/2025). - Due Diligence Vendor-06/04/2026 Open-All Interested Parties Not Checked with Exclusionary Lists Non-Borrower was not included in Fraud Report search. - Due Diligence Vendor-06/03/2026 |
Resolved-Received updated
fraud report reflecting all interested parties. - Due Diligence
Vendor-06/09/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 700 Borrower has
780 Months Reserves exceed minimum required - Minm 3, Borrower has 127.42 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9539235 | |||
| XXXX | 3116292 | A | A | A | A | A | A | A | A | A | A | QM: Safe Harbor Verified (V SH) | QM: Safe Harbor Verified (V SH) | XXXX | XX | Primary Residence | Purchase | NA | |||||||||||||||||||
| XXXX | 3115908 | D | A | D | A | A | A | A | A | Closed | FCRE5790 | 2026-06-08 17:26 | 2026-06-11 17:20 | Resolved | 1 - Information | C | A | Credit | Closing | Borrower 1 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date) | Resolved-After further
review- Seller guidelines do not specify gap credit report must be within 10
days of closing. - Due Diligence
Vendor-06/11/2026 Ready for Review- Please revisit. Undisclosed debt verification report date in file page 1186. Ordered date XXXX, report date XXXX.Seller guidelines do not specify gap credit report within 10 days of closing. Thank you! - Due Diligence Vendor-06/09/2026 Open-Borrower 1 Gap Credit Report is Expired (Greater than 10 days from Closing/Settlement Date). - Due Diligence Vendor-06/08/2026 |
Resolved-After further
review- Seller guidelines do not specify gap credit report must be within 10
days of closing. - Due Diligence
Vendor-06/11/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 660 Borrower has
773 Qualifying DTI below maximum allowed - Required is 50 Borrower has 40.54 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9617260 | ||||
| XXXX | 3115908 | D | A | D | A | A | A | A | A | Closed | FCOM1352 | 2026-06-05 13:30 | 2026-06-10 16:20 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Received
occupancy cert for non DSCR loan. -
Due Diligence Vendor-06/10/2026 Ready for Review-Occupancy affidavit - Due Diligence Vendor-06/09/2026 Open-The Business Purpose Affidavit Disclosure is Missing The Business Purpose & Occupancy Affidavit Disclosure is Missing - Due Diligence Vendor-06/05/2026 |
Resolved-Received occupancy
cert for non DSCR loan. - Due
Diligence Vendor-06/10/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 660 Borrower has
773 Qualifying DTI below maximum allowed - Required is 50 Borrower has 40.54 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9586208 | |||
| XXXX | 3119451 | C | B | C | B | C | A | A | A | Closed | finding-651 | 2026-06-05 11:55 | 2026-06-10 13:50 | Resolved | 1 - Information | C | A | Compliance | Points & Fees | TILA Finance Charge Test | Resolved-Upon further
review, the document(s) are located in original file, nothing further
required. - Due Diligence
Vendor-06/10/2026 Ready for Review-Please follow the final mavent. - Due Diligence Vendor-06/09/2026 Open-This loan failed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $XX. The disclosed finance charge of $XX is not considered accurate because it is understated by more than $100. -----This loan failed the TILA finance charge test.( 12 CFR §1026.38(o)(2) ). The finance charge is $XX. The disclosed finance charge of $XX is not considered accurate because it is understated by more than $100 at $XX. Provide evidence of refund or principal reduction of $XX, or at a minimum to the $100 threshold, corrected PCCD, Letter of explanation and proof of delivery to borrower within 60 days of discovery. Statute also requires rescission to be re-opened, therefore ROR is required to be provided. Remediation options (1) within 60 days of consummation expires XXXX (2) within 60 days of discovery expires XXXX remains EV2B under TILA 130(b) (3) After 60 days of discovery, no cure, Statute of Limitations - 1 Year; Expiration Date: XXXX remains EV3C. - Due Diligence Vendor-06/05/2026 |
Resolved-Upon further
review, the document(s) are located in original file, nothing further
required. - Due Diligence
Vendor-06/10/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Mid FICO 764 is higher than the
required 680 Required is 660 Borrower has 764 LTV is less than guideline maximum - LTV 49.09% is lower than maximum 90% Required is 90 Borrower has 49.09 Qualifying DTI below maximum allowed - DTI 38.19% is lower than allowable 50% Required is 50 Borrower has 38.19 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9582997 | |||
| XXXX | 3119451 | C | B | C | B | C | A | A | A | Closed | FCRE1294 | 2026-06-08 13:45 | 2026-06-08 15:02 | Waived | 2 - Non-Material | C | B | Credit | Income/Employment | Income 3 Months Income Verified is Missing | Waived-Client exception
granted to allow allow < 12 months notes receivable, Non-materialwaiver
applied with comp factors. nonmaterial due to FICO and LTV - Due Diligence
Vendor-06/08/2026 Open-Income 3 Months Income Verified is Missing Lenders exception pg 1032 Use Notes Receivable as income with less than 12moshistory Borrower recently sold one of his businesses, taking a note payable with a term of 7years. - Due Diligence Vendor-06/08/2026 |
Waived-Client exception
granted to allow allow < 12 months notes receivable, Non-materialwaiver
applied with comp factors. nonmaterial due to FICO and LTV - Due Diligence
Vendor-06/08/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Mid FICO 764 is higher than the
required 680 Required is 660 Borrower has 764 LTV is less than guideline maximum - LTV 49.09% is lower than maximum 90% Required is 90 Borrower has 49.09 Qualifying DTI below maximum allowed - DTI 38.19% is lower than allowable 50% Required is 50 Borrower has 38.19 |
FICO 20 points> program
minimum(700floor) LTV/CLTV 10%or more below program max(max 75% 0x30x24 housing payment history Reserves 6mos above program minimum |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | Investor Post-Close | No | 9611647 | |||
| XXXX | 3117945 | C | B | C | B | A | A | A | A | Closed | FCRE1440 | 2026-06-08 13:57 | 2026-06-22 11:35 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Originator
exception granted - Brws are obligated on son's lease and verification of
lease terms/VOR not in file. $XX lease payment already included in DTI.
Non-material waiver applied to finding with compensating factors. - Due
Diligence Vendor-06/22/2026 Counter-Per the LOE from the Borrower, the Borrower is obligated on the lease for their son. Please provide verification of the terms. Additional Findings may apply. - Due Diligence Vendor-06/16/2026 Ready for Review-Per County records XXXX - not the borrowers. Please clear condition. - Due Diligence Vendor-06/15/2026 Counter-For clarification: Missing lease or VOR to confirm terms for sons residence XXXX as borrowers are obligated. - Due Diligence Vendor-06/11/2026 Ready for Review-Borrower has resided at subject property for more than 2 yrs. This address is not on credit or within file - can you please review & clear condition? - Due Diligence Vendor-06/09/2026 Open-Housing History Does Not Meet Guideline Requirements Provide lease for XXXX to evidence terms and either VOR or document most recent 12 months pay history. - Due Diligence Vendor-06/08/2026 |
Waived-Originator exception
granted - Brws are obligated on son's lease and verification of lease
terms/VOR not in file. XXXX lease payment already included in DTI.
Non-material waiver applied to finding with compensating factors. - Due
Diligence Vendor-06/22/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 680 Borrower has
796 Qualifying DTI below maximum allowed - Required is 50 Borrower has 2.28 |
FICO is 20+ points above minimum and reserves are 6+ months over minimum. | XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | Originator Post-Close | Yes | 9611996 | ||
| XXXX | 3117945 | C | B | C | B | A | A | A | A | Closed | FCRE0196 | 2026-06-08 14:12 | 2026-06-11 13:41 | Resolved | 1 - Information | C | A | Credit | Eligibility | Payoff(s) on the CD/HUD are not reported on Title Report | Resolved-Received final
title policy confirmed no open seller liens - Due Diligence Vendor-06/11/2026
Ready for Review-Final Title Policy - Due Diligence Vendor-06/09/2026 Open-Payoff(s) on the CD/HUD are not reported on Title Report. There is a lien listed on title that does not show as being paid off on sellers CD. - Due Diligence Vendor-06/08/2026 |
Resolved-Received final
title policy confirmed no open seller liens - Due Diligence
Vendor-06/11/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 680 Borrower has
796 Qualifying DTI below maximum allowed - Required is 50 Borrower has 2.28 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9612542 | |||
| XXXX | 3112257 | D | A | D | A | C | A | B | A | Closed | finding-3634 | 2026-06-05 09:57 | 2026-06-30 16:24 | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Received LOX
regarding tolerance and lender credit for fee above legal limit on final
settlement statement - Due Diligence Vendor-06/30/2026 Counter-We need Proof of the Refund, showing on the FSS is not sufficient. Nor is a LOE stand alone. - Due Diligence Vendor-06/30/2026 Ready for Review-LOX - Due Diligence Vendor-06/29/2026 Counter-An LOX can be provided clarifying the lender credit reflected on the FSS includes the cure amount. - Due Diligence Vendor-06/25/2026 Counter-I can accept the settlement statement as the LOE, but this occurred after the closing of XXXX, We need a copy of the check. - Due Diligence Vendor-06/19/2026 Ready for Review-The lender credit of XXXX was provided at time of settlement, attached is the Final Settlement Statement and the seller provided the PCCD reflecting the lender credit. - Due Diligence Vendor-06/18/2026 Counter-Received PCCD XXXX, Need copy of Check, LOE and Shipping label. Finding Remains. - Due Diligence Vendor-06/17/2026 Ready for Review-Attached is the PCCD showing the cure of XXXX and the final settlement statement from escrow showing the cure of XXXX. - Due Diligence Vendor-06/16/2026 Counter-Received Initial Cd XXXX. Did not receive COC for increase in Transfer Tax for XXXX. Lender Credit on Final CD cover's 10% finding and XXXX for XX. Finding Remains. - Due Diligence Vendor-06/11/2026 Ready for Review-Initial CD - Due Diligence Vendor-06/10/2026 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 XXXX.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). -----Zero (0%) tolerance fees increased by $XX (Credit Tech and Verification Fee, Transfer Taxes) without a valid COC in file. Lender Credit for over legal Limit is XXXX. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of XXXX, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Remediation options (1) within 60 days of consummation expires XXXX (2) within 60 days of discovery expires XXXX remains EV2B under TILA 130(b) (3) After 60 days of discovery, no cure, Statute of Limitations - 3 Years; Expiration Date:XXXX remains EV3C. Lender Credit of $XX on Final CD issued XXXX was for XXXX Credit Tech and Verification and Recording Fee increase 10% tolerance violations. - Due Diligence Vendor-06/05/2026 |
Resolved-Received LOX
regarding tolerance and lender credit for fee above legal limit on final
settlement statement - Due Diligence Vendor-06/30/2026 |
LTV is less than guideline
maximum - Required is 90 Borrower has 74.48 Qualifying DTI below maximum allowed - Required is 50 Borrower has 32.58 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 799 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Second Home | Purchase | NA | N/A | N/A | 9578396 | |||
| XXXX | 3112257 | D | A | D | A | C | A | B | A | Closed | FCRE1151 | 2026-06-08 12:54 | 2026-06-16 13:09 | Resolved | 1 - Information | C | A | Credit | Title | Satisfactory Chain of Title not Provided | Resolved-Received
Satisfactory Chain of Title - Due Diligence Vendor-06/16/2026 Ready for Review-chain of title - Due Diligence Vendor-06/12/2026 Open-Unsatisfactory Chain of Title provided. Title Company to provide Chain of Title and mortgage lien information (as not listed on title commitment) - Due Diligence Vendor-06/08/2026 |
Resolved-Received
Satisfactory Chain of Title - Due Diligence Vendor-06/16/2026 |
LTV is less than guideline
maximum - Required is 90 Borrower has 74.48 Qualifying DTI below maximum allowed - Required is 50 Borrower has 32.58 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 799 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Second Home | Purchase | NA | N/A | N/A | 9609757 | |||
| XXXX | 3112257 | D | A | D | A | C | A | B | A | Closed | FCRE1319 | 2026-06-08 15:35 | 2026-06-16 13:03 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Personal Tax Returns Missing | Resolved-Received 2025
signed 1040's and evidence of payment.
Extension was not required. - Due Diligence Vendor-06/16/2026 Ready for Review-2025 tax returns/proof of payment - Due Diligence Vendor-06/12/2026 Open-Borrower 1 Personal Tax Returns Missing Need copy of 2025 Tax Extension listing both borrowers and shows filed and received by the IRS. If an amount is due on the extension, we need proof that payment was paid and received by IRS. - Due Diligence Vendor-06/08/2026 |
Resolved-Received 2025
signed 1040's and evidence of payment.
Extension was not required. - Due Diligence Vendor-06/16/2026 |
LTV is less than guideline
maximum - Required is 90 Borrower has 74.48 Qualifying DTI below maximum allowed - Required is 50 Borrower has 32.58 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 799 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Second Home | Purchase | NA | N/A | N/A | 9614780 | |||
| XXXX | 3112257 | D | A | D | A | C | A | B | A | Closed | FPRO0022 | 2026-06-08 16:38 | 2026-06-11 15:01 | Resolved | 1 - Information | B | A | Property | Property | FEMA disaster (Public) after appraisal without a PDI or 1004D | Resolved-PDI from appraiser addressing there was no
damage provided - Due Diligence Vendor-06/11/2026 Ready for Review-XXXX - Due Diligence Vendor-06/10/2026 Open-XXXX. - Due Diligence Vendor-06/08/2026 |
Resolved-PDI from appraiser addressing there was no
damage provided - Due Diligence Vendor-06/11/2026 |
LTV is less than guideline
maximum - Required is 90 Borrower has 74.48 Qualifying DTI below maximum allowed - Required is 50 Borrower has 32.58 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 799 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Second Home | Purchase | NA | N/A | N/A | 9616441 | |||
| XXXX | 3106650 | 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 | Second Home | Refinance | No Cash Out - Borrower Initiated | |||||||||||||||||||
| XXXX | 3118911 | C | B | A | A | C | B | A | A | Closed | finding-697 | 2026-06-05 16:32 | 2026-06-24 12:30 | Resolved | 1 - Information | C | A | Compliance | Points & Fees | GAFLA 3/2003 High Cost Home Loan Points and Fees Threshold Test | Resolved-Received PCCD
XXXX, copy of LOE, Check and shipping label. Finding Resolved. - Due
Diligence Vendor-06/24/2026 Ready for Review-Refund issues to borrower - Due Diligence Vendor-06/23/2026 Counter-The information provided refers to Federal High Cost, not State. This file did not pass the XXXX High Cost Points and Fees. - Due Diligence Vendor-06/22/2026 Ready for Review-Compliance summary - Due Diligence Vendor-06/22/2026 Open-This loan has terms that exceed the high-cost home loan points and fees threshold. (XXXX)The total points and fees payable in connection with the loan, excluding not more than two bona fide discount points, exceed:5 percent of the total loan amount if the total loan amount is XXXX or more.The lesser of 8 percent of the total loan amount or $XX if the total loan amount is less than XXXX. ----- Tolerance violation exceeds allowable by XXXX, and due to Federal or Section 32 High-Cost, the overage is not curable - Due Diligence Vendor-06/05/2026 |
Resolved-Received PCCD
XXXX, copy of LOE, Check and shipping label. Finding Resolved. - Due
Diligence Vendor-06/24/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 23.36 Required is 50 Borrower
has 23.36 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 708 Required is 620 Borrower has 708 |
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 | 9590892 | |||
| XXXX | 3118911 | C | B | A | A | C | B | A | A | Closed | FCOM9175 | 2026-06-05 16:36 | 2026-06-19 10:35 | Resolved | 1 - Information | C | A | Compliance | TRID | TRID: Closing Disclosure not received by the borrower 3 days prior to consummation | Resolved-Received CD and
COC XXXX. Finding Resolved. - Due Diligence Vendor-06/19/2026 Ready for Review-Initial CD - Due Diligence Vendor-06/18/2026 Open------ Missing Initial CD 3 days prior to consummation - Due Diligence Vendor-06/05/2026 |
Resolved-Received CD and
COC XXXX. Finding Resolved. - Due Diligence Vendor-06/19/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 23.36 Required is 50 Borrower
has 23.36 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 708 Required is 620 Borrower has 708 |
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 | 9590980 | |||
| XXXX | 3118911 | C | B | A | A | C | B | A | A | Closed | FCOM5135 | 2026-06-05 16:11 | 2026-06-08 07:20 | Waived | 2 - Non-Material | B | B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated
Business Disclosure Missing -----Originator waiver applied to non-material
findings. - Due Diligence Vendor-06/05/2026 |
Waived-Required Affiliated
Business Disclosure Missing -----Originator waiver applied to non-material
findings. - Due Diligence Vendor-06/05/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 23.36 Required is 50 Borrower
has 23.36 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 708 Required is 620 Borrower has 708 |
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 | 9590476 | ||||
| XXXX | 3119439 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | |||||||||||||||||||
| XXXX | 3117756 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | |||||||||||||||||||
| XXXX | 3116520 | D | B | D | B | C | A | A | A | Closed | FCRE1182 | 2026-06-17 15:21 | 2026-06-17 15:32 | Resolved | 1 - Information | B | A | Credit | Missing Doc | Approval/Underwriting Summary Not Provided | Resolved-Updated 1008
provided confirming the loan is a manual review. - Due Diligence
Vendor-06/17/2026 Ready for Review-Updated 1008 Attached - Due Diligence Vendor-06/17/2026 Open-Provide an updated 1008 with the correct loan terms and confirming manual underwrite. - Due Diligence Vendor-06/17/2026 |
Resolved-Updated 1008
provided confirming the loan is a manual review. - Due Diligence
Vendor-06/17/2026 |
Qualifying DTI below
maximum allowed - Required is 55 Borrower has 47.48 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 787 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9797785 | |||
| XXXX | 3116520 | D | B | D | B | C | A | A | A | Closed | FCRE7247 | 2026-06-09 20:50 | 2026-06-17 15:19 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing AUS Findings | Resolved-After further
review, this is a manual UW and no AUS is required. - Due Diligence
Vendor-06/17/2026 Counter-Received DU #6. Missing correct AUS as interest rate 6.875%. Missing confirmation potential red flag addressed. - Due Diligence Vendor-06/16/2026 Open-Missing copy of AUS DU Approve/Eligible XXXX as stated on 1008. Per XXXX guides/matrix XXXX Manual or AUS review allowed. Loan must meet Matrix parameters. - Due Diligence Vendor-06/10/2026 |
Resolved-After further
review, this is a manual UW and no AUS is required. - Due Diligence
Vendor-06/17/2026 |
Qualifying DTI below
maximum allowed - Required is 55 Borrower has 47.48 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 787 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9643907 | |||
| XXXX | 3116520 | D | B | D | B | C | A | A | A | Closed | FCRE1506 | 2026-06-09 19:57 | 2026-06-11 16:04 | Resolved | 1 - Information | C | A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-Credit findings
have been resolved. - Due Diligence Vendor-06/11/2026 Ready for Review-Please revisit. Rent free LOE exception documentation provided. Additional fee's for XXXX: HOA dues total XXXX difference of $40.41 added for escrow shortage as noted in UW worksheet calc. Thank you! - Due Diligence Vendor-06/10/2026 Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Missing REO 3A additional fees reflected on Final 1003, and B1 rent/free LOE. - Due Diligence Vendor-06/09/2026 |
Resolved-Credit findings
have been resolved. - Due Diligence Vendor-06/11/2026 |
Qualifying DTI below
maximum allowed - Required is 55 Borrower has 47.48 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 787 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9643465 | |||
| XXXX | 3116520 | D | B | D | B | C | A | A | A | Closed | FCRE1440 | 2026-06-09 19:03 | 2026-06-11 15:55 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Client exception
granted for rent free, waiver applied with compactors - Due Diligence
Vendor-06/11/2026 Ready for Review-Please revisit. XXXX exception documentation in file pages 2699-2700. Thank you! - Due Diligence Vendor-06/10/2026 Open-Housing History Does Not Meet Guideline Requirements Lender Exception approval in file for: Missing LOE B1 living rent free at time of application as indicated on Final 1003. Per XXXX guidelines and matrix XXXX; Borrs living rent free to provide an LOE from owner of current residence confirming rent free status. - Due Diligence Vendor-06/09/2026 |
Waived-Client exception
granted for rent free, waiver applied with compactors - Due Diligence
Vendor-06/11/2026 |
Qualifying DTI below
maximum allowed - Required is 55 Borrower has 47.48 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 787 |
-FICO 20 points >
program minimum (700 floor) -0x30x24 housing payment history -Same employment ≥ 5 years |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | Investor Post-Close | No | 9642948 | ||
| XXXX | 3116520 | D | B | D | B | C | A | A | A | Closed | finding-3634 | 2026-06-08 10:01 | 2026-06-11 12:15 | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Received
explanation that increase in fees were under product-specific fees on COC,
not listed individually. Finding Resolved. - Due Diligence Vendor-06/10/2026
Ready for Review-Please revisit. COC letter page 336 with date of redisclosure of XXXX reflects borrower requested change in loan product resulting in addition or increase to product specific fee’s. Thank you! - Due Diligence Vendor-06/10/2026 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 XXXX.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). -----Zero (0%) tolerance fees increased by XXXX Purchase Review Fee, XXXX Tax Service Fee without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of XXXX, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Remediation options (1) within 60 days of consummation expires XXXX (2) within 60 days of discovery expires XXXX remains EV2B under TILA 130(b) (3) After 60 days of discovery, no cure, Statute of Limitations - 3 Years; Expiration Date: XXXX remains EV3C. - Due Diligence Vendor-06/08/2026 |
Resolved-Received
explanation that increase in fees were under product-specific fees on COC,
not listed individually. Finding Resolved. - Due Diligence
Vendor-06/10/2026 |
Qualifying DTI below
maximum allowed - Required is 55 Borrower has 47.48 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 787 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9604795 | ||||
| XXXX | 3116520 | D | B | D | B | C | A | A | A | Closed | finding-3635 | 2026-06-08 10:01 | 2026-06-11 12:09 | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That In Total Cannot Increase More Than 10% Test | Resolved-Received copy of
initial CD XXXX with COC explanation that additional settlement services
referred to Recording Fees. Finding Resolved. - Due Diligence
Vendor-06/11/2026 Ready for Review-Increase in recording fees was disclosed to borrower on the initial CD for the additional recorded docs - Due Diligence Vendor-06/10/2026 Open-This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% (XXXX) exceed the comparable charges (XXXX) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi). -----Ten (10%) tolerance fees Recording Fee increased by XXXX without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of XXXX, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Remediation options (1) within 60 days of consummation expires XXXX (2) within 60 days of discovery expires XXXX remains EV2B under TILA 130(b) (3) After 60 days of discovery, no cure, Statute of Limitations - 3 Years; Expiration Date: XXXX remains EV3C. Please provide valid COC for increases. - Due Diligence Vendor-06/08/2026 |
Resolved-Received copy of
initial CD XXXXwith COC explanation that additional settlement services
referred to Recording Fees. Finding Resolved. - Due Diligence
Vendor-06/11/2026 |
Qualifying DTI below
maximum allowed - Required is 55 Borrower has 47.48 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 787 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9604798 | |||
| XXXX | 3118752 | C | A | C | A | A | A | A | A | Closed | finding-3625 | 2026-06-08 10:14 | 2026-06-17 10:00 | Resolved | 1 - Information | A | A | Compliance | TRID | TRID "Section B. Services You Cannot Shop For / Services Borrower Did Not Shop For" Validation Test | Resolved-Received PCCD
XXXX correcting payee in Section B. Finding Resolved. - Due Diligence
Vendor-06/17/2026 Ready for Review-PCCD updating payee - Due Diligence Vendor-06/16/2026 Open-This loan failed the TRID "Section B. Services You Cannot Shop For / Services Borrower Did Not Shop For" validation test.This loan contains a fee or fees where "compensation to" is set to the lender or broker but this fee or fees should not be retained by the lender or broker."Section B. Services You Cannot Shop For / Services Borrower Did Not Shop For" should contain an itemization of each amount, and a subtotal of all such amounts, the consumer will pay for settlement services for which the consumer cannot shop in accordance with Regulation Z and that are provided by persons other than the creditor or mortgage broker. -----(Appraisal Review Fee) in section B is payable to Lender/Broker however, fees paid to Lender or Broker must be in section A. If the fee is to remain in section B, it must state FBO (for the benefit of) to said Vendor. Provide a post close CD with correction within 60 days of discovery date. Statute of Limitations - 1 year, expiration date XXXX. - Due Diligence Vendor-06/08/2026 |
Resolved-Received PCCD XXXX
correcting payee in Section B. Finding Resolved. - Due Diligence
Vendor-06/17/2026 |
On time mortgage history
exceeds guideline requirement - 0x30x60 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 683 |
XXXX | QM: Safe Harbor Verified (V SH) | QM: Safe Harbor Verified (V SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9605281 | |||
| XXXX | 3118752 | C | A | C | A | A | A | A | A | Closed | FCRE1198 | 2026-06-09 14:40 | 2026-06-11 16:15 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Received
additional assets. Audited Reserves of 18.44 month(s) are greater than or
equal to Guideline Required Reserves of 10.23 month(s) - Due Diligence
Vendor-06/11/2026 Ready for Review-Retirement account to cover additional reserves - Due Diligence Vendor-06/10/2026 Open-Audited Reserves of 7.99 month(s) are less than Guideline Required Reserves of 10.23 month(s) subject reserves required 3 months plus 12 on departure, total required XXXX or 10.23 months based on the subject PITI. - Due Diligence Vendor-06/09/2026 |
Resolved-Received
additional assets. Audited Reserves of 18.44 month(s) are greater than or
equal to Guideline Required Reserves of 10.23 month(s) - Due Diligence
Vendor-06/11/2026 |
On time mortgage history
exceeds guideline requirement - 0x30x60 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 683 |
XXXX | QM: Safe Harbor Verified (V SH) | QM: Safe Harbor Verified (V SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9635572 | |||
| XXXX | 3116634 | D | A | D | A | A | A | A | A | Closed | FCOM1352 | 2026-06-10 10:58 | 2026-06-17 13:18 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Received LQI from
client. Note and DOT are signed individually, Title is vested individually -
Due Diligence Vendor-06/17/2026 Counter-Please confirm no Occupancy Certificate available and compliance review required. - Due Diligence Vendor-06/11/2026 Ready for Review-Please revisit. Title is vested personally not in business entity and note/DOT are signed individually not a business entity. - Due Diligence Vendor-06/10/2026 Open-The Business Purpose Affidavit Disclosure is Missing . Provide the Business Purpose and/or Occupancy Affidavit. - Due Diligence Vendor-06/10/2026 |
Resolved-Received LQI from
client. Note and DOT are signed individually, Title is vested individually -
Due Diligence Vendor-06/17/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 22.33 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 764 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 9655480 | |||
| XXXX | 3116634 | D | A | D | A | A | A | A | A | Closed | FCRE0044 | 2026-06-10 12:13 | 2026-06-11 16:17 | Resolved | 1 - Information | C | A | Credit | Eligibility | File does not contain LOX for credit inquiries | Resolved-Upon further
review, file contained credit inquiry letter. - Due Diligence
Vendor-06/11/2026 Ready for Review-Please revisit with letter of explanation in loan file page 1046. Thank you! - Due Diligence Vendor-06/10/2026 Open-Provide a LOE for all inquirers reflected on the credit report. - Due Diligence Vendor-06/10/2026 |
Resolved-Upon further
review, file contained credit inquiry letter. - Due Diligence
Vendor-06/11/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 22.33 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 764 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 9658735 | |||
| XXXX | 3116661 | D | B | D | A | C | B | A | A | Closed | finding-3634 | 2026-06-08 17:08 | 2026-07-09 12:13 | Cured | 2 - Non-Material | C | B | Compliance | TRID | Charges That Cannot Increase Test | Cured-Received PCCD XXXX
with copy of letter, check and shipping Label. Finding is Cured. - Due Diligence Vendor-07/09/2026 Ready for Review-Cure Packet - Due Diligence Vendor-07/09/2026 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 $XX.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). -----Zero (0%) tolerance fees increased by $XX (FLOOD CERT AND CREDIT REPORT) without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of $XX, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Remediation options (1) within 60 days of consummation expires XXXX (2) within 60 days of discovery expires XXXX remains EV2B under TILA 130(b) (3) After 60 days of discovery, no cure, Statute of Limitations - 3 Years; Expiration Date: XXXX remains EV3C. ($.25 is due to rounding - rescinded) - Due Diligence Vendor-06/08/2026 |
Cured-Received PCCD XXXX
with copy of letter, check and shipping Label. Finding is Cured. - Due Diligence Vendor-07/09/2026 |
LTV is less than guideline
maximum - Required is 80 Borrower has 71.78 Long term residence - Borrower have owned subject property since 12/5/2005 - over 20 years. |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 9617033 | |||
| XXXX | 3116661 | D | B | D | A | C | B | A | A | Closed | finding-47 | 2026-06-08 17:08 | 2026-06-15 12:01 | Resolved | 1 - Information | C | A | Compliance | Right to Rescind | TILA Right of Rescission Test | Resolved-Received PCCD
XXXX. Finding Resolved. - Due Diligence Vendor-06/15/2026 Ready for Review-FSS and PCCD showing Disbursement date after XXXX. - Due Diligence Vendor-06/14/2026 Counter-ROR expires at midnight on XXXX. Need to have disbursement after that date. Finding Remains. - Due Diligence Vendor-06/11/2026 Ready for Review-Please revisit. Page 56 reflects CD with disbursement date of XXXX. Thank you! - Due Diligence Vendor-06/11/2026 Open-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 is before the third business day following consummation.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 §1026.23 or §1026.15, or delivery of all material disclosures, whichever occurs last. ----- Provide PCCD with disbursement date after the ROR expiration date. - Due Diligence Vendor-06/08/2026 |
Resolved-Received PCCD
XXXX. Finding Resolved. - Due Diligence Vendor-06/15/2026 |
LTV is less than guideline
maximum - Required is 80 Borrower has 71.78 Long term residence - Borrower have owned subject property since 12/5/2005 - over 20 years. |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 9617032 | |||
| XXXX | 3116661 | D | B | D | A | C | B | A | A | Closed | FCRE1506 | 2026-06-10 15:43 | 2026-06-12 12:38 | Resolved | 1 - Information | C | A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-VVOE for B3 was
present within file. - Due Diligence Vendor-06/12/2026 Ready for Review-Please revisit. VVOE for B3 page 381 dated XXXX. Thank you! - Due Diligence Vendor-06/11/2026 Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Missing closing VVOE B3 - Due Diligence Vendor-06/10/2026 |
Resolved-VVOE for B3 was
present within file. - Due Diligence Vendor-06/12/2026 |
LTV is less than guideline
maximum - Required is 80 Borrower has 71.78 Long term residence - Borrower have owned subject property since 12/5/2005 - over 20 years. |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 9668360 | ||||
| XXXX | 3116661 | D | B | D | A | C | B | A | A | Closed | FCRE1377 | 2026-06-10 13:28 | 2026-06-12 12:35 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 3 3rd Party VOE Prior to Close Missing | Resolved-Upon further
review, file contained acceptable pre close VVOE for B3 - Due Diligence
Vendor-06/12/2026 Ready for Review-Please revisit. Page 381 reflects VVOE completed XXXX. Thank you! - Due Diligence Vendor-06/11/2026 Open-Borrower 3 3rd Party VOE Prior to Close Missing Need Verbal VOE 10 days prior to closing for B3 - Due Diligence Vendor-06/10/2026 |
Resolved-Upon further
review, file contained acceptable pre close VVOE for B3 - Due Diligence
Vendor-06/12/2026 |
LTV is less than guideline
maximum - Required is 80 Borrower has 71.78 Long term residence - Borrower have owned subject property since 12/5/2005 - over 20 years. |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 9663520 | |||
| XXXX | 3118875 | 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 | |||||||||||||||||||
| XXXX | 3118545 | D | A | D | A | A | A | A | A | Closed | FCRE1201 | 2026-06-11 11:12 | 2026-06-15 11:09 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Located Fraud
Report in Clients Upload. It appears to be in the credit file as well. Third
Party Fraud Report is provided - Due Diligence Vendor-06/15/2026 Ready for Review-Please revisit. Fraud report pages 191-211. Thank you! - Due Diligence Vendor-06/11/2026 Open-Missing Third Party Fraud Report - Due Diligence Vendor-06/11/2026 |
Resolved-Located Fraud
Report in Clients Upload. It appears to be in the credit file as well. Third
Party Fraud Report is provided - Due Diligence Vendor-06/15/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 660 Borrower has
743 Qualifying DTI below maximum allowed - Required is 50 Borrower has 20.95 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9690188 | ||||
| XXXX | 3118839 | C | A | C | A | A | A | A | A | Closed | FCRE0196 | 2026-06-10 12:54 | 2026-06-22 08:18 | Resolved | 1 - Information | C | A | Credit | Eligibility | Payoff(s) on the CD/HUD are not reported on Title Report | Resolved-Validated address
on final 1003 per client - Due Diligence Vendor-06/22/2026 Ready for Review-The mortgage is secured to other REO, not the subject- see mortgage statement page 273, secured to XXXX. - Due Diligence Vendor-06/18/2026 Open-Payoff(s) on the CD/HUD are not reported on Title Report. Payoff reported on Final CD, but is not reporting on Title. - Due Diligence Vendor-06/10/2026 |
Resolved-Validated address
on final 1003 per client - Due Diligence Vendor-06/22/2026 |
LTV is less than guideline
maximum - Required is 70 Borrower has 59.86 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 695 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 9662475 | ||||
| XXXX | 3118839 | C | A | C | A | A | A | A | A | Closed | FCRE2244 | 2026-06-10 12:32 | 2026-06-22 07:58 | Resolved | 1 - Information | C | A | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Resolved-Per Appraisal
Photos, Plug is noted on the wall for refrigerator/stove - Due Diligence
Vendor-06/22/2026 Ready for Review-please see attached photo – there is a stove and refrigerator. They plug in via traditional 110v plugin. You can see in the photo on the appraisal that there is a 110v outlet there. The fridge and stove use 110v traditional plugs. - Due Diligence Vendor-06/18/2026 Open-Property Issues are identified for the property Unit 2 does not show a stove/refrigerator present & no evidence of hookups. - Due Diligence Vendor-06/10/2026 |
Resolved-Per Appraisal
Photos, Plug is noted on the wall for refrigerator/stove - Due Diligence
Vendor-06/22/2026 |
LTV is less than guideline
maximum - Required is 70 Borrower has 59.86 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 695 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 9659076 | |||
| XXXX | 3117747 | D | A | D | A | A | A | A | A | Closed | FCRE1104 | 2026-06-10 16:55 | 2026-07-14 10:55 | Resolved | 1 - Information | C | A | Credit | Closing | Maturity Date is not the first of the month | Resolved-Scriveners
Affidavit received. - Due Diligence Vendor-07/10/2026 Ready for Review-Scriveners Affidavit attached - Due Diligence Vendor-07/09/2026 Counter-Received updated Note with XXXX maturity date. THis does not match Maturity Date on Mortgage/Deed of Trust. Please provide updated Mortgage/Deed of Trust matching updated Note. - Due Diligence Vendor-07/01/2026 Ready for Review-NOte, LOE and affidavit - Due Diligence Vendor-06/30/2026 Open-Maturity Date is not the first day of the month Note states maturity date is XXXX - Due Diligence Vendor-06/11/2026 |
Resolved-Scriveners
Affidavit received. - Due Diligence Vendor-07/10/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 680 Borrower has
778 LTV is less than guideline maximum - Required is 85 Borrower has 80 Qualifying DTI below maximum allowed - Required is 50 Borrower has 32.71 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Second Home | Purchase | NA | N/A | N/A | 9670701 | |||
| XXXX | 3117747 | D | A | D | A | A | A | A | A | Closed | FCRE8887 | 2026-06-15 13:33 | 2026-06-17 13:40 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing or Incomplete 1003 | Resolved-Upon further
review, borrower works XX and receives pension. 1003 is completed correctly
as borrower did not retire in XXXX per LOE - Due Diligence Vendor-06/17/2026
Ready for Review-The LOE doesn't state the borrower retired in XXXX, the LOE states he sold the property in question in XXXX, and when he retired, he moved to XXXX- The pension letter shows retroactive lump sum pension paid since date of retirement through Feb. 2026 and the difference between the 2025 pension statement and the retroactive pay covers approx. 2 +years (reviewing to the new payment starting March 2026) . Please revisit- - Due Diligence Vendor-06/16/2026 Open-Missing final 1003 disclosing correct employment information for B1. Per letter in file the Borrower is retired since XXXX. additional findings may apply. - Due Diligence Vendor-06/15/2026 |
Resolved-Upon further
review, borrower works F/T and receives pension. 1003 is completed correctly
as borrower did not retire in XXXX per LOE - Due Diligence
Vendor-06/17/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 680 Borrower has
778 LTV is less than guideline maximum - Required is 85 Borrower has 80 Qualifying DTI below maximum allowed - Required is 50 Borrower has 32.71 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Second Home | Purchase | NA | N/A | N/A | 9750325 | ||||
| XXXX | 3117606 | C | B | C | B | A | A | A | A | Closed | FCRE0108 | 2026-06-12 17:05 | 2026-09-25 16:17 | Waived | 2 - Non-Material | C | B | Credit | Insurance | XX Coverage not met | Waived-Originator
exception granted, waiver applied with comp factors. Deemed non-material as
client will allow. Condotel is very common for the area -XXXX. HOA has XXXX coverage - only short XXXX, based off their annual income they meet required limit only short due to high reserve assessment income as they are allocating 20% to reserves. HOA has no deferred maintenance, no code violations, no active special assessments. - Due Diligence Vendor-06/12/2026 Open-XXXX Coverage not met. Exception in file for HOA XXXX coverage on master policy is short by XXXX - Due Diligence Vendor-06/12/2026 |
Waived-Originator exception
granted, waiver applied with comp factors. Deemed non-material as client will
allow. Condotel is very common for the area -XXXX. HOA has XXXX coverage - only short XXXX, based off their annual income they meet required limit only short due to high reserve assessment income as they are allocating 20% to reserves. HOA has no deferred maintenance, no code violations, no active special assessments. - Due Diligence Vendor-06/12/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 680 Borrower has
814 Qualifying DTI below maximum allowed - Required is 50 Borrower has 17.92 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Second Home | Refinance | No Cash Out - Borrower Initiated | Originator Post-Close | Yes | 9728786 | ||||
| XXXX | 3117117 | 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 | |||||||||||||||||||
| XXXX | 3115221 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | |||||||||||||||||||
| XXXX | 3115521 | D | A | D | A | A | A | A | A | Closed | FCOM1352 | 2026-06-12 21:47 | 2026-06-17 13:08 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Received Business
Purpose & Occupancy Affidavit. - Due Diligence Vendor-06/17/2026 Ready for Review-Please see attached the Business Purpose and Occupancy Affidavit. Please clear the condition. Thank you. - Due Diligence Vendor-06/15/2026 Open-The Business Purpose Affidavit Disclosure is Missing - Due Diligence Vendor-06/13/2026 |
Resolved-Received Business
Purpose & Occupancy Affidavit. - Due Diligence Vendor-06/17/2026 |
Qualifying FICO score is at
least 20 points above minimum for program -
Required is 700 Borrower has 782 DSCR % greater than 1.20 - DSCR 1.349 LTV is less than guideline maximum - Required is 75 Borrower has 42.86 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 9732271 | |||
| XXXX | 3118470 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | |||||||||||||||||||
| XXXX | 3118365 | D | B | D | B | A | A | A | A | Closed | FCRE1440 | 2026-06-12 15:14 | 2026-06-26 14:23 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Investor waiver
applied to non-material finding with comp factors- to allow borrower living
rent free at primary with family, borrower has been an experienced XX for
over 11 years - Due Diligence Vendor-06/26/2026 Ready for Review-See attached - Due Diligence Vendor-06/25/2026 Open-Housing History Does Not Meet Guideline Requirements Borrower lives rent free & per guidelines is ineligible. Exception required. - Due Diligence Vendor-06/12/2026 |
Waived-Investor waiver
applied to non-material finding with comp factors- to allow borrower living
rent free at primary with family, borrower has been an experienced investor
for over 11 years - Due Diligence Vendor-06/26/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 680 Borrower has
819 LTV is less than guideline maximum - Required is 75 Borrower has 69.94 |
FICO>20 point or greater
than min allowed of 700 LTV 10% or more below 0x30x24 housing payment history Reserves >6 mos above min required |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Investor Post-Close | No | 9726169 | ||
| XXXX | 3118365 | D | B | D | B | A | A | A | A | Closed | FCRE7347 | 2026-06-12 14:37 | 2026-06-18 13:26 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Lease Agreement | Resolved-Received renewed
lease. - Due Diligence
Vendor-06/18/2026 Ready for Review-See attached - Due Diligence Vendor-06/16/2026 Open-Unit 2 shows lease as expired & does not convert to month-to-month. (no addendum was attached) - Due Diligence Vendor-06/12/2026 |
Resolved-Received renewed
lease. - Due Diligence
Vendor-06/18/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 680 Borrower has
819 LTV is less than guideline maximum - Required is 75 Borrower has 69.94 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 9725287 | |||
| XXXX | 3118089 | C | B | C | B | A | A | A | A | Closed | FCRE9996 | 2026-06-17 16:16 | 2026-06-17 18:39 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Condo does not meet requirements | Waived-Originator
exception granted and in file, waiver applied with comp factors. - Due Diligence Vendor-06/17/2026 Open-Lender Exception approval in file for Non-warrantable condo: New project in XXXX with condotel characteristics with full time registration desk - Due Diligence Vendor-06/17/2026 |
Waived-Originator exception
granted and in file, waiver applied with comp factors. - Due Diligence Vendor-06/17/2026 |
Months Reserves exceed
minimum required - 19.53mos ($XX) reserves. Per guides 3mos ($XX) reserves required; additional
2mos each for all other REOs ($XX). Total reserves required $XX. LTV is less than guideline maximum - Borr LTV 63.89%. Per guides, maximum LTV 75%. Required is 75 Borrower has 63.89 |
LTV/CLTV 10%or more below
program max(max 75%) 0x30x24 housing payment history Same employment 5 years Reserves 6 mos above program minimum |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | Originator Post-Close | Yes | 9799190 | |||
| XXXX | 3118089 | C | B | C | B | A | A | A | A | Closed | FCRE1143 | 2026-06-17 08:05 | 2026-06-17 18:38 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Builder in Control of the HOA | Waived-Originator
exception granted and in file, waiver applied with comp factors. - Due Diligence Vendor-06/17/2026 Open-Builder is in control of HOA Appraisal completed XXXX indicated; No units have yet to close, developer retains title to the entire project. - Due Diligence Vendor-06/17/2026 |
Waived-Originator exception
granted and in file, waiver applied with comp factors. - Due Diligence Vendor-06/17/2026 |
Months Reserves exceed
minimum required - 19.53mos ($XX) reserves. Per guides 3mos ($XX) reserves required; additional
2mos each for all other REOs ($XX). Total reserves required $XX. LTV is less than guideline maximum - Borr LTV 63.89%. Per guides, maximum LTV 75%. Required is 75 Borrower has 63.89 |
LTV/CLTV 10%or more below
program max(max 75%) 0x30x24 housing payment history Same employment 5 years Reserves 6 mos above program minimum |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | Originator Post-Close | N/A | 9788320 | |||
| XXXX | 3115722 | D | B | D | B | A | A | A | A | Closed | FCOM1352 | 2026-06-19 13:18 | 2026-06-23 13:10 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Upon further
review, file contained Occupancy Affidavit, acceptable for individual non
DSCR transactions. - Due Diligence
Vendor-06/23/2026 Ready for Review-Please revisit. DOT and note executed individually, wage earner using base income to qualify, loan is not DSCR loan. - Due Diligence Vendor-06/22/2026 Open-The Business Purpose Affidavit Disclosure is Missing Missing Business Purpose Affidavit - Due Diligence Vendor-06/19/2026 |
Resolved-Upon further
review, file contained Occupancy Affidavit, acceptable for individual non
DSCR transactions. - Due Diligence
Vendor-06/23/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 33.52 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 770 LTV is less than guideline maximum - Required is 75 Borrower has 49.65 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9845821 | ||||
| XXXX | 3115722 | D | B | D | B | A | A | A | A | Closed | FCRE9996 | 2026-06-22 10:40 | 2026-06-22 11:45 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Condo does not meet requirements | Waived-Originator exception granted and in file,
waiver applied with out comp factors - Due Diligence Vendor-06/22/2026 Open-Lender Exception approval in file for: Project is classified as a condotel due to transient in nature, offers hotel type services, has numerous short-term rentals, is marketed as a hotel, motel, resort of investment opportunity and obtained a hotel or resort rating. -This approval is for condominium eligibility only. The selected Phase and Program is eligible for lending. - Due Diligence Vendor-06/22/2026 |
Waived-Originator exception granted and in file,
waiver applied with out comp factors - Due Diligence Vendor-06/22/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 33.52 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 770 LTV is less than guideline maximum - Required is 75 Borrower has 49.65 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | Originator Post-Close | Yes | 9863274 | ||||
| XXXX | 3118302 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | |||||||||||||||||||
| XXXX | 3118293 | C | B | C | A | C | B | A | A | Closed | FCRE1198 | 2026-06-17 14:07 | 2026-06-22 08:34 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Received march
statement for XXXX - Due Diligence Vendor-06/22/2026 Ready for Review-See attached docs for 6-mos reserves met. - Due Diligence Vendor-06/18/2026 Open-Audited Reserves of 5.67 month(s) are less than Guideline Required Reserves of 6 month(s) - Due Diligence Vendor-06/17/2026 |
Resolved-Received march
statement for XXXX - Due Diligence Vendor-06/22/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 680 Borrower has
729 Qualifying DTI below maximum allowed - Required is 50 Borrower has 32.28 |
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 | 9796588 | |||
| XXXX | 3118293 | C | B | C | A | C | B | A | A | Closed | finding-3352 | 2026-06-15 15:47 | 2026-06-18 09:44 | Resolved | 1 - Information | C | A | Compliance | Points & Fees | Higher-Priced Mortgage Loan Test | Resolved-Loan contains
full appraisal and escrows , meeting, HPML compliance. - Due Diligence
Vendor-06/17/2026 Open-This loan failed the higher-priced mortgage loan test. ( 12 CFR § 1026.35(a)(1) )Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. - Due Diligence Vendor-06/15/2026 |
Resolved-Loan contains full
appraisal and escrows , meeting, HPML compliance. - Due Diligence
Vendor-06/17/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 680 Borrower has
729 Qualifying DTI below maximum allowed - Required is 50 Borrower has 32.28 |
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 | 9753434 | ||||
| XXXX | 3118293 | C | B | C | A | C | B | A | A | Closed | FCOM5135 | 2026-06-15 15:22 | 2026-06-15 15:22 | Waived | 2 - Non-Material | B | B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material Findings. - Due Diligence Vendor-06/15/2026 | Waived-Required Affiliated
Business Disclosure Missing Originator waiver applied to non-material
Findings. - Due Diligence Vendor-06/15/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 680 Borrower has
729 Qualifying DTI below maximum allowed - Required is 50 Borrower has 32.28 |
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 | 9752890 | ||||
| XXXX | 3119067 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | |||||||||||||||||||
| XXXX | 3116952 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | |||||||||||||||||||
| XXXX | 3117471 | D | A | D | A | C | A | A | A | Closed | FCRE1152 | 2026-06-19 07:18 | 2026-06-29 13:10 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Received the
lender's tax calculation. - Due Diligence Vendor-06/29/2026 Ready for Review-6/24 MM: The tax bill reflects that the property has a tax exemption in the amount of XXXX. To be most conservative XXXX calculated the taxes without the exemption. XXXX - Due Diligence Vendor-06/24/2026 Open-Missing Evidence of Property Tax Missing lender calculation worksheet used to formulate the qualifying property taxes. Per Title Tax Search, taxes are XXXX] Lender qualified borrower with XXXX. Tax Worksheet or rationale explaining calculation was not found. - Due Diligence Vendor-06/19/2026 |
Resolved-Received the
lender's tax calculation. - Due Diligence Vendor-06/29/2026 |
Residual Income =/> 1.5
times $XX monthly residual income - Residual Income: $XX Months Reserves exceed minimum required - Reserves: 14.9 Min 3 Qualifying DTI below maximum allowed - Required is 50 Borrower has 29.85 |
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 | 9839761 | |||
| XXXX | 3117471 | D | A | D | A | C | A | A | A | Closed | finding-3638 | 2026-06-18 11:07 | 2026-06-25 15:10 | Resolved | 1 - Information | C | A | Compliance | TRID | Reimbursement Amount Test | Resolved-Upon further
review -Non QM , non-agency product not subject to QM testing - Due Diligence
Vendor-06/25/2026 Open-This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $5.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, XXXX.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation. -----Addressed in related finding - Due Diligence Vendor-06/18/2026 Ready for Review-CT 6/25: Disagree, non-agency product not subject to QM testing - Due Diligence Vendor-06/25/2026 |
Resolved-Upon further
review -Non QM , non-agency product not subject to QM testing - Due Diligence
Vendor-06/25/2026 |
Residual Income =/> 1.5
times $XX monthly residual income - Residual Income: $XX Months Reserves exceed minimum required - Reserves: 14.9 Min 3 Qualifying DTI below maximum allowed - Required is 50 Borrower has 29.85 |
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 | 9819861 | ||||
| XXXX | 3117471 | D | A | D | A | C | A | A | A | Closed | finding-4038 | 2026-06-18 11:07 | 2026-06-25 15:10 | Resolved | 1 - Information | A | A | Compliance | ComplianceEase | Qualified Mortgage Lending Policy Points and Fees Test | Resolved-Upon further
review- non-agency product not subject
to QM testing - Due Diligence Vendor-06/25/2026 Open-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 3 percent of the total loan amount of XXXX; orThe loan amount is less than XXXX but at least XXXX, and the transaction's total points and fees is XXXX, which exceeds XXXX; orThe loan amount is less than XXXX but at least XXXX, and the transaction's total points and fees is XXXX, which exceeds 5 percent of the total loan amount of XXXX; orThe loan amount is less than XXXX but at least XXXX, and the transaction's total points and fees is XXXX, which exceeds XXXX; orThe loan amount is less than XXXX and the transaction's total points and fees is XXXX, which exceeds 8 percent of the total loan amount of XXXX. - Due Diligence Vendor-06/18/2026 Ready for Review-CT 6/25: Disagree, non-agency product not subject to QM testing - Due Diligence Vendor-06/25/2026 |
Resolved-Upon further
review- non-agency product not subject
to QM testing - Due Diligence Vendor-06/25/2026 |
Residual Income =/> 1.5
times $XX monthly residual income - Residual Income: $XX Months Reserves exceed minimum required - Reserves: 14.9 Min 3 Qualifying DTI below maximum allowed - Required is 50 Borrower has 29.85 |
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 | 9819863 | ||||
| XXXX | 3117471 | D | A | D | A | C | A | A | A | Closed | finding-4033 | 2026-06-18 11:07 | 2026-06-25 15:10 | Resolved | 1 - Information | A | A | Compliance | ComplianceEase | Qualified Mortgage Safe Harbor Threshold | Resolved-Upon further
review-non-agency product not subject to QM testing - Due Diligence
Vendor-06/25/2026 Open-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 8.059%. The APR threshold to qualify for a safe harbor is 7.760%.A creditor or assignee of a qualified mortgage, that is not a higher-priced covered transaction, complies with the repayment ability requirements of paragraph (c) of this section. A creditor or assignee of a qualified mortgage, that is a higher-priced covered transaction, is presumed to comply with the repayment ability requirements of paragraph (c) of this section.Higher-priced covered transaction means a covered transaction with an annual percentage rate that exceeds the average prime offer rate for a comparable transaction as of the date the interest rate is set by 1.5 or more percentage points for a first-lien covered transaction, or by 3.5 or more percentage points for a subordinate-lien covered transaction. - Due Diligence Vendor-06/18/2026 Ready for Review-CT 6/25: Disagree, non-agency product not subject to QM testing - Due Diligence Vendor-06/25/2026 |
Resolved-Upon further
review-non-agency product not subject to QM testing - Due Diligence
Vendor-06/25/2026 |
Residual Income =/> 1.5
times $XX monthly residual income - Residual Income: $XX Months Reserves exceed minimum required - Reserves: 14.9 Min 3 Qualifying DTI below maximum allowed - Required is 50 Borrower has 29.85 |
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 | 9819864 | |||
| XXXX | 3117471 | D | A | D | A | C | A | A | A | Closed | finding-3441 | 2026-06-18 11:07 | 2026-06-25 15:10 | Resolved | 1 - Information | A | A | Compliance | Points & Fees | GSE (Freddie Mac public guidelines) QM Points and Fees Test | Resolved-Upon further
review-non-agency product not subject to QM testing - Due Diligence
Vendor-06/25/2026 Open-This loan failed the QM points and fees test. ( Freddie Mac Bulletin 2013-16 )The loan is subject to the ability to repay requirements under Regulation Z, and the points and fees exceed 3% of the total loan amount.Mortgages subject to the ability to repay requirements under Regulation Z with points and fees exceeding 3% of the total loan amount will not be eligible for sale to Freddie Mac. - Due Diligence Vendor-06/18/2026 Ready for Review-CT 6/25: Disagree, non-agency product not subject to QM testing - Due Diligence Vendor-06/25/2026 |
Resolved-Upon further
review-non-agency product not subject to QM testing - Due Diligence
Vendor-06/25/2026 |
Residual Income =/> 1.5
times $XX monthly residual income - Residual Income: $XX Months Reserves exceed minimum required - Reserves: 14.9 Min 3 Qualifying DTI below maximum allowed - Required is 50 Borrower has 29.85 |
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 | 9819865 | ||||
| XXXX | 3117471 | D | A | D | A | C | A | A | A | Closed | finding-3436 | 2026-06-18 11:07 | 2026-06-25 15:10 | Resolved | 1 - Information | A | A | Compliance | Points & Fees | GSE (Fannie Mae public guidelines) QM Points and Fees Test | Resolved-Non QM - Due
Diligence Vendor-06/25/2026 Ready for Review-CT 6/25: Disagree, non-agency product not subject to QM testing - Due Diligence Vendor-06/25/2026 Rescinded-This loan failed the QM points and fees test. ( Fannie Mae Announcement 2013-06 )The loan is subject to the ability to repay requirements under Regulation Z, and the points and fees exceed 3% of the total loan amount.Mortgages subject to the ability to repay requirements under Regulation Z with points and fees exceeding 3% of the total loan amount will not be eligible for sale to Fannie Mae. - Due Diligence Vendor-06/18/2026 Rescinded------Non QM - Due Diligence Vendor-06/18/2026 |
Resolved-Non QM - Due
Diligence Vendor-06/25/2026 Rescinded-This loan failed the QM points and fees test. ( XXXX Announcement 2013-06 )The loan is subject to the ability to repay requirements under Regulation Z, and the points and fees exceed 3% of the total loan amount.Mortgages subject to the ability to repay requirements under Regulation Z with points and fees exceeding 3% of the total loan amount will not be eligible for sale to XXXX. - Due Diligence Vendor-06/18/2026 Rescinded------Non QM - Due Diligence Vendor-06/18/2026 |
Residual Income =/> 1.5
times $XX monthly residual income - Residual Income: $XX Months Reserves exceed minimum required - Reserves: 14.9 Min 3 Qualifying DTI below maximum allowed - Required is 50 Borrower has 29.85 |
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 | 9819866 | ||||
| XXXX | 3117471 | D | A | D | A | C | A | A | A | Closed | finding-2502 | 2026-06-18 11:07 | 2026-06-25 15:10 | Resolved | 1 - Information | A | A | Compliance | Points & Fees | CT Nonprime Home Loan Test | Resolved-Upon further
review- non-agency product not subject to QM testing - Due Diligence
Vendor-06/25/2026 Open-This loan failed the XXXX nonprime home loan test.The loan is a nonprime home loan, as defined in the legislation. For more information please see the XXXX section of the full ComplianceAnalyzer report.While the XXXX provisions specify that lenders may lawfully make this type of loan subject to certain conditions, some lenders and secondary market investors may prefer not to fund or buy nonprime home loans even if the additional conditions are met. - Due Diligence Vendor-06/18/2026 Ready for Review-CT 6/25: Disagree, non-agency product not subject to QM testing - Due Diligence Vendor-06/25/2026 |
Resolved-Upon further
review- non-agency product not subject to QM testing - Due Diligence
Vendor-06/25/2026 |
Residual Income =/> 1.5
times $XX monthly residual income - Residual Income: $XX Months Reserves exceed minimum required - Reserves: 14.9 Min 3 Qualifying DTI below maximum allowed - Required is 50 Borrower has 29.85 |
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 | 9819867 | ||||
| XXXX | 3117471 | D | A | D | A | C | A | A | A | Closed | finding-3652 | 2026-06-18 11:07 | 2026-06-24 09:09 | Resolved | 1 - Information | C | A | Compliance | TRID | Lender Credits That Cannot Decrease Test | Resolved-Received
explanation that Lender credit decreased with Product change COC. Lender
credit not listed on COC. Finding Resolved. - Due Diligence Vendor-06/24/2026
Ready for Review-LI 6/23 There was a cofc on XXXX to flip from a Bank statement XXXX to a Bank statement XXXX. This caused pricing adjusters to change and final price went from XXXX, eliminating the lender credit. - Due Diligence Vendor-06/23/2026 Open-This loan failed the lender credits that cannot decrease 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). The final sum of specific and non-specific lender credits ($5.00) does not exceed or equal the comparable sum of specific and non-specific lender credits ($XXXX). Please see the 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). -----Lender credit decreased from XXXX without a valid COC in file. Provide a COC for decrease OR evidence of refund to borrower or principal reduction in the amount of XXXX, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Reduction in Lender credits must be directly related to fees and must offset closing cost equally. Lender provided credit of $5 for increase in closing costs above legal limit. Remediation options (1) within 60 days of consummation expires XXXX (2) within 60 days of discovery expires XXXX remains EV2B under TILA 130(b) (3) After 60 days of discovery, no cure, Statute of Limitations - 3 Years; Expiration Date: XXXX remains EV3C. - Due Diligence Vendor-06/18/2026 |
Resolved-Received
explanation that Lender credit decreased with Product change COC. Lender
credit not listed on COC. Finding Resolved. - Due Diligence
Vendor-06/24/2026 |
Residual Income =/> 1.5
times $XX monthly residual income - Residual Income: $XX Months Reserves exceed minimum required - Reserves: 14.9 Min 3 Qualifying DTI below maximum allowed - Required is 50 Borrower has 29.85 |
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 | 9819858 | |||
| XXXX | 3117471 | D | A | D | A | C | A | A | A | Closed | finding-3352 | 2026-06-18 11:07 | 2026-06-24 09:09 | Resolved | 1 - Information | C | A | Compliance | Points & Fees | Higher-Priced Mortgage Loan Test | Resolved-Loan contains
full appraisal and escrows, meeting HPML compliance. - Due Diligence
Vendor-06/23/2026 Open-This loan failed the higher-priced mortgage loan test. ( 12 CFR § 1026.35(a)(1) )Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. - Due Diligence Vendor-06/18/2026 |
Resolved-Loan contains full
appraisal and escrows, meeting HPML compliance. - Due Diligence
Vendor-06/23/2026 |
Residual Income =/> 1.5
times $XX monthly residual income - Residual Income: $XX Months Reserves exceed minimum required - Reserves: 14.9 Min 3 Qualifying DTI below maximum allowed - Required is 50 Borrower has 29.85 |
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 | 9819862 | ||||
| XXXX | 3118563 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | |||||||||||||||||||
| XXXX | 3118608 | C | A | A | A | C | A | A | A | Closed | finding-3634 | 2026-06-18 16:27 | 2026-06-22 18:57 | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Resolved. Lender
provided credit of $16.95 for increase in closing costs above legal limit -
Due Diligence Vendor-06/22/2026 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 $XX.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). -----Resolved. Lender provided credit of $XX for increase in closing costs above legal limit - Due Diligence Vendor-06/18/2026 |
Resolved-Resolved. Lender
provided credit of $16.95 for increase in closing costs above legal limit -
Due Diligence Vendor-06/22/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 680 Borrower has
712 Qualifying DTI below maximum allowed - Required is 50 Borrower has 35.67 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Second Home | Purchase | NA | N/A | N/A | 9830111 | ||||
| XXXX | 3112266 | C | B | A | A | A | A | C | B | Closed | FPRO0021 | 2026-06-22 12:38 | 2026-06-30 13:53 | Resolved | 1 - Information | C | A | Property | Property | FEMA disaster (Individual) after appraisal without a PDI or 1004D | Resolved-Received PDI with
an inspection date of XXXX. No damage.
- Due Diligence Vendor-06/30/2026 Ready for Review-DAIR - Due Diligence Vendor-06/29/2026 Open-XXXX. - Due Diligence Vendor-06/22/2026 |
Resolved-Received PDI with
an inspection date of XXXX. No damage.
- Due Diligence Vendor-06/30/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 660 Borrower has
754 LTV is less than guideline maximum - Required is 80 Borrower has 75 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9867393 | |||
| XXXX | 3112266 | C | B | A | A | A | A | C | B | Closed | FPRO0022 | 2026-06-22 12:38 | 2026-06-22 20:09 | Waived | 2 - Non-Material | B | B | Property | Property | FEMA disaster (Public) after appraisal without a PDI or 1004D | Waived-Public assistance -
Due Diligence Vendor-06/23/2026 Open-XXXX - Due Diligence Vendor-06/22/2026 |
Waived-Public assistance -
Due Diligence Vendor-06/23/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 660 Borrower has
754 LTV is less than guideline maximum - Required is 80 Borrower has 75 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | Originator Post-Close | No | 9867394 | ||||
| XXXX | 3118002 | 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 | |||||||||||||||||||
| XXXX | 3119565 | C | A | A | A | C | A | A | A | Closed | finding-47 | 2026-06-22 13:37 | 2026-06-25 11:32 | Resolved | 1 - Information | C | A | Compliance | Right to Rescind | TILA Right of Rescission Test | Resolved-Received PCCD
XXXX. Finding Resolved. - Due Diligence Vendor-06/25/2026 Ready for Review-FSS and PCCD showing disbursement date as XXXX, after RoR date. - Due Diligence Vendor-06/24/2026 Open-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 is before the third business day following consummation.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 §1026.23 or §1026.15, or delivery of all material disclosures, whichever occurs last. -----Provide PCCD with disbursement date after the ROR expiration date. - Due Diligence Vendor-06/22/2026 |
Resolved-Received PCCD
XXXX. Finding Resolved. - Due Diligence Vendor-06/25/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 660 Borrower has
760 Qualifying DTI below maximum allowed - Required is 50 Borrower has 37.73 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 9869628 | |||
| XXXX | 3117225 | D | A | D | A | A | A | A | A | Closed | FCRE5782 | 2026-06-23 09:43 | 2026-06-25 11:59 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Per GL, no
mention of the requirement to have a Gap Credit Report - Due Diligence
Vendor-06/25/2026 Ready for Review-Please revisit. Page 902, 1005, 675-676 undisclosed debt report. XXXX and the seller do not have guidelines or criteria for a gap credit report. Thank you! - Due Diligence Vendor-06/24/2026 Ready for Review-Please revisit. Page 902 undisclosed debt report. XXXX and the seller do not have guidelines or criteria for a gap credit report. Thank you! - Due Diligence Vendor-06/24/2026 Open-Borrower 1 Gap Credit Report is Missing - Due Diligence Vendor-06/23/2026 |
Resolved-Per GL, no mention
of the requirement to have a Gap Credit Report - Due Diligence
Vendor-06/25/2026 |
LTV is less than guideline
maximum - Required is 75 Borrower has 70 Qualifying DTI below maximum allowed - Required is 50 Borrower has 40.83 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 715 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 9887065 | ||||
| XXXX | 3117225 | D | A | D | A | A | A | A | A | Closed | FCRE1152 | 2026-06-23 15:06 | 2026-06-25 11:41 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Evidence of
Property Tax is present - Due Diligence Vendor-06/25/2026 Ready for Review-Please revisit. Page 299 tax bill. Thank you! - Due Diligence Vendor-06/24/2026 Open-Missing Evidence of Property Tax Missing tax cert to support the amount of taxes collected on the Final CD - Due Diligence Vendor-06/23/2026 |
Resolved-Evidence of
Property Tax is present - Due Diligence Vendor-06/25/2026 |
LTV is less than guideline
maximum - Required is 75 Borrower has 70 Qualifying DTI below maximum allowed - Required is 50 Borrower has 40.83 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 715 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 9898214 | ||||
| XXXX | 3117801 | C | A | A | A | C | A | A | A | Closed | finding-3634 | 2026-06-22 14:57 | 2026-06-23 14:51 | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Received
explanation of COC in file for appraisal. COC did not include amount apprials
fee increased. Finding Resolved. - Due Diligence Vendor-06/23/2026 Ready for Review-Please revisit. COC letter in file page 227 for appraisal. Thank you! - Due Diligence Vendor-06/23/2026 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 $XX.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). ----- Zero (0%) tolerance fees increased by $250.00 Appraisal Fee without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of $XX, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Remediation options (1) within 60 days of consummation expires XXXX (2) within 60 days of discovery expires XXXX remains EV2B under TILA 130(b) (3) After 60 days of discovery, no cure, Statute of Limitations - 3 Years; Expiration Date: XXXX remains EV3C - Due Diligence Vendor-06/22/2026 |
Resolved-Received
explanation of COC in file for appraisal. COC did not include amount apprials
fee increased. Finding Resolved. - Due Diligence Vendor-06/23/2026 |
LTV is less than guideline
maximum - Required is 80 Borrower has 65 Required is 80 Borrower has 65 Qualifying DTI below maximum allowed - Required is 50 Borrower has 24.77 Required is 50 Borrower has 24.77 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 760 Required is 700 Borrower has 760 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 9872559 | ||||
| XXXX | 3118737 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | |||||||||||||||||||
| XXXX | 3115923 | D | A | D | A | A | A | A | A | Closed | FCRE1158 | 2026-06-23 13:40 | 2026-06-25 13:14 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Hazard Insurance Policy is Partial | Resolved-Received HOI and
confirmation of correct premium - Due Diligence Vendor-06/25/2026 Ready for Review-See attached - Due Diligence Vendor-06/24/2026 Open-Hazard Insurance Policy (Or HO-6 Insurance Policy if Subject Property is a Condo) is only Partially Provided Missing Declarations page reflecting a premium amount to match the amount collected on the Final HUD - Due Diligence Vendor-06/23/2026 |
Resolved-Received HOI and
confirmation of correct premium - Due Diligence Vendor-06/25/2026 |
Months Reserves exceed
minimum required - 17.47 mos reserves; 3 mos required Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 762 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 9895063 | |||
| XXXX | 3118176 | A | A | A | A | A | A | A | A | A | A | QM: Safe Harbor Verified (V SH) | QM: Safe Harbor Verified (V SH) | XXXX | XX | Primary Residence | Purchase | NA | |||||||||||||||||||
| XXXX | 3118029 | A | A | A | A | A | A | A | A | A | A | QM: Safe Harbor Verified (V SH) | QM: Safe Harbor Verified (V SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | |||||||||||||||||||
| XXXX | 3114531 | C | A | C | A | A | A | A | A | Closed | FCRE1198 | 2026-07-01 12:26 | 2026-07-08 13:29 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Received 2 months
business checking statements for reserves - Due Diligence Vendor-07/08/2026
Ready for Review-Please see assets stmt - Due Diligence Vendor-07/07/2026 Open-Audited Reserves of 0.23 month(s) are less than Guideline Required Reserves of 3 month(s) No assets in file. Unable to document sufficient funds. - Due Diligence Vendor-07/01/2026 |
Resolved-Received 2 months
business checking statements for reserves - Due Diligence
Vendor-07/08/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 700 Borrower has
767 LTV is less than guideline maximum - Required is 80 Borrower has 68.13 DSCR =/> 1.00 and minimum is 0.85 or Less - Required is 0.75 Borrower has 1.196 Required is 0.75 Borrower has 1.196 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 10025182 | |||
| XXXX | 3115557 | D | B | D | A | C | B | A | A | Closed | FCRE7009 | 2026-07-06 10:28 | 2026-07-08 11:56 | Resolved | 1 - Information | C | A | Credit | Insurance | Hazard insurance dwelling coverage is not sufficient | Resolved-This condition is
resolved or not applicable. - Due Diligence Vendor-07/08/2026 Ready for Review-Please revisit with attached Checklist of coverage pages 1143-1145 in loan file. Property is located in XXXX and under XXXX Statute insurance agents do not provide an RCE. Thank you! - Due Diligence Vendor-07/07/2026 Counter-Please provide RCE as I cannot locate document referenced below. Our page numbers do not match lenders. - Due Diligence Vendor-07/07/2026 Ready for Review-Please revisit. Checklist of coverage following HOI policy page 1143 shows policy loss settlement basis is at replacement cost. XXXX update: With this Lender Letter, the requirement for coverage sufficiency is as follows: The property insurance policy must provide coverage on a replacement cost basis. Thank you! - Due Diligence Vendor-07/06/2026 Open-Insufficient Coverage Amount for Insured Subject Property. Hazard insurance dwelling coverage is not sufficient. 80% is XXXX, appraisal shows dwelling at XXXX. HOI is XXXX - Due Diligence Vendor-07/06/2026 |
Resolved-This condition is
resolved or not applicable. - Due Diligence Vendor-07/08/2026 |
Qualifying DTI below
maximum allowed - . Required is 50 Borrower has 44.67 LTV is less than guideline maximum - . Required is 80 Borrower has 67.8 Qualifying FICO score is at least 20 points above minimum for program - . Required is 700 Borrower has 807 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 10063180 | |||
| XXXX | 3115557 | D | B | D | A | C | B | A | A | Closed | finding-3634 | 2026-07-02 09:14 | 2026-07-08 07:57 | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Received LE XXXX.
Finding Resolved. - Due Diligence Vendor-07/08/2026 Ready for Review-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 XXXX.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-07/08/2026 Ready for Review-Disclosure history - Due Diligence Vendor-07/07/2026 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 XXXX.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). ----- Missing initial LE dated within 3 days of Application date. Additional Findings may apply upon receipt. statute of Limitations - 1 year, expiration date XXXX. - Due Diligence Vendor-07/02/2026 |
Resolved-Received LE XXXX.
Finding Resolved. - Due Diligence Vendor-07/08/2026 |
Qualifying DTI below
maximum allowed - . Required is 50 Borrower has 44.67 LTV is less than guideline maximum - . Required is 80 Borrower has 67.8 Qualifying FICO score is at least 20 points above minimum for program - . Required is 700 Borrower has 807 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 10040278 | |||
| XXXX | 3115557 | D | B | D | A | C | B | A | A | Closed | finding-3367 | 2026-07-02 09:14 | 2026-07-08 07:48 | Resolved | 1 - Information | C | A | Compliance | Disclosure | RESPA Homeownership Counseling Organizations Disclosure Date Test | Resolved-Received
Homeownership Counseling Disclosure. Finding Resolved. - Due Diligence
Vendor-07/08/2026 Ready for Review-Disclosure history - Due Diligence Vendor-07/07/2026 Open-This loan failed the homeownership counseling organizations disclosure date test due to the following findings: ( 12 CFR §1024.20(a) )The loan has a homeownership counseling organizations disclosure date that is not within three business days of the loan originator's application date (or the date creditor received application if loan originator's application date is not provided); orThe homeownership counseling organizations disclosure date is after the closing date.Not later than three business days after a lender, mortgage broker, or dealer receives an application, or information sufficient to complete an application, the lender must provide the loan applicant with a clear and conspicuous written list of homeownership counseling organizations that provide relevant counseling services in the loan applicant's location. The list of homeownership counseling organizations distributed to each loan applicant under this section shall be obtained no earlier than 30 days prior to the time when the list is provided to the loan applicant from either:(1)The website maintained by the Bureau for lenders to use in complying with the requirements of this section; or(2)Data made available by the Bureau or HUD for lenders to use in complying with the requirements of this section, provided that the data is used in accordance with instructions provided with the data.This calculation take into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1024.2(b) and as it relates to §1024.20 (list of homeownership counseling organizations provided not later than 3 business days after a loan originator receives an application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:As not being open on SundayAs not being open on SaturdayPLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, XX calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.Please note: This test does not validate the content of any list of homeownership counseling organizations. ----- Homeownership Counseling List in file is dated XXXX and not provided to borrower within three days of application date of XXXX. - Due Diligence Vendor-07/02/2026 |
Resolved-Received
Homeownership Counseling Disclosure. Finding Resolved. - Due Diligence
Vendor-07/08/2026 |
Qualifying DTI below
maximum allowed - . Required is 50 Borrower has 44.67 LTV is less than guideline maximum - . Required is 80 Borrower has 67.8 Qualifying FICO score is at least 20 points above minimum for program - . Required is 700 Borrower has 807 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 10040277 | |||
| XXXX | 3115557 | D | B | D | A | C | B | A | A | Closed | finding-3635 | 2026-07-02 09:14 | 2026-07-08 07:48 | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That In Total Cannot Increase More Than 10% Test | Resolved-Received LE dated
XXXX. Finding Resolved. - Due Diligence Vendor-07/08/2026 Ready for Review-Disclosure history - Due Diligence Vendor-07/07/2026 Open-This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($XX) exceed the comparable charges ($0.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi). ----- Missing initial LE dated within 3 days of Application date. Additional Findings may apply upon receipt. statute of Limitations - 1 year, expiration date XXXX. - Due Diligence Vendor-07/02/2026 |
Resolved-Received LE dated
XXXX. Finding Resolved. - Due Diligence Vendor-07/08/2026 |
Qualifying DTI below
maximum allowed - . Required is 50 Borrower has 44.67 LTV is less than guideline maximum - . Required is 80 Borrower has 67.8 Qualifying FICO score is at least 20 points above minimum for program - . Required is 700 Borrower has 807 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 10040281 | |||
| XXXX | 3115557 | D | B | D | A | C | B | A | A | Closed | finding-3515 | 2026-07-02 09:14 | 2026-07-08 07:48 | Resolved | 1 - Information | C | A | Compliance | TRID | Initial Loan Estimate Delivery Date Test (from application) | Resolved-Received LE dated
XXXX. Finding Resolved. - Due Diligence Vendor-07/08/2026 Ready for Review-Disclosure history - Due Diligence Vendor-07/07/2026 Open-This loan failed the initial loan estimate delivery date test (from application) due to one of the following: ( 12 CFR §1026.19(e)(1)(iii)(A) )The initial loan estimate delivery date is later than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions) after the creditor or broker receives the consumer's written application.Therefore, if additional disclosures are entered into ComplianceAnalyzer, any values that would change under a valid changed circumstance if the initial loan estimate had been delivered timely, will not reset the baseline for tolerance purposes. The comparable fees for this loan will be $0, regardless of the actual values on the disclosure.This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1026.2(a)(6) and as it relates to §1026.19(e)(1)(iii)(A) (initial loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:As not being open on SundayAs not being open on SaturdayPLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.The creditor shall deliver or place in the mail the disclosures required under §1026.19(e)(1)(i) (provision of loan estimate form) not later than the third business day after the creditor receives the consumer's application. ----- Missing initial LE dated within 3 days of Application date. Additional Findings may apply upon receipt. statute of Limitations - 1 year, expiration date XXXX. - Due Diligence Vendor-07/02/2026 |
Resolved-Received LE dated
XXXX. Finding Resolved. - Due Diligence Vendor-07/08/2026 |
Qualifying DTI below
maximum allowed - . Required is 50 Borrower has 44.67 LTV is less than guideline maximum - . Required is 80 Borrower has 67.8 Qualifying FICO score is at least 20 points above minimum for program - . Required is 700 Borrower has 807 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 10040282 | |||
| XXXX | 3115557 | D | B | D | A | C | B | A | A | Closed | finding-3838 | 2026-07-02 09:14 | 2026-07-08 07:48 | Resolved | 1 - Information | C | A | Compliance | ComplianceEase | Written List of Service Providers Disclosure Date Test | Resolved-Received SPL
dated XXXX. Finding Resolved. - Due Diligence Vendor-07/08/2026 Ready for Review-Disclosure history - Due Diligence Vendor-07/07/2026 Open-This loan failed the written list of service providers disclosure date test for one or more of the following reasons: ( 12 CFR §1026.19(e)(1)(vi) )The written list of service providers disclosure date is either:Less than the seventh business day (counting all calendar days except Sunday and specified legal public holidays) before consummation of the transaction; orLater than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions)This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1026.19(e)(1)(e)(1)(iii) §1026.2(a)(6) and as it relates to §1026.19(a)(1)(vi) (which references the timing requirements for the loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:As not being open on SundayAs not being open on SaturdayPLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.PLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.If the consumer is permitted to shop for a settlement service, the creditor shall provide the consumer with a written list identifying available providers of that settlement service and stating that the consumer may choose a different provider for that service. The creditor must identify at least one available provider for each settlement service for which the consumer is permitted to shop. The creditor shall provide this written list of settlement service providers separately from the disclosures required by §1026.19(e)(1)(e)(1)(i) but in accordance with the timing requirements in §1026.19(e)(1)(e)(1)(iii). ----- Initial Application date is XXXX. Initial LE has an issue date of XXXX. Written list of service providers disclosure is dated XXXX and not provided within 3 days of application date. - Due Diligence Vendor-07/02/2026 |
Resolved-Received SPL dated
XXXX. Finding Resolved. - Due Diligence Vendor-07/08/2026 |
Qualifying DTI below
maximum allowed - . Required is 50 Borrower has 44.67 LTV is less than guideline maximum - . Required is 80 Borrower has 67.8 Qualifying FICO score is at least 20 points above minimum for program - . Required is 700 Borrower has 807 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 10040285 | |||
| XXXX | 3115557 | D | B | D | A | C | B | A | A | Closed | FCOM0013 | 2026-07-06 12:37 | 2026-07-08 07:27 | Resolved | 1 - Information | C | A | Compliance | Disclosure | Missing e-Consent | Resolved-Received
acknowledgement of E-Consent. Finding Resolved. - Due Diligence
Vendor-07/08/2026 Ready for Review-Disclosure history - Due Diligence Vendor-07/07/2026 Open-Missing e-Consent. Missing e-Consent - Due Diligence Vendor-07/06/2026 |
Resolved-Received
acknowledgement of E-Consent. Finding Resolved. - Due Diligence
Vendor-07/08/2026 |
Qualifying DTI below
maximum allowed - . Required is 50 Borrower has 44.67 LTV is less than guideline maximum - . Required is 80 Borrower has 67.8 Qualifying FICO score is at least 20 points above minimum for program - . Required is 700 Borrower has 807 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 10073677 | |||
| XXXX | 3115557 | D | B | D | A | C | B | A | A | Closed | FCRE0154 | 2026-07-06 11:56 | 2026-07-07 14:19 | Resolved | 1 - Information | D | A | Credit | Eligibility | Borrower 2 Gap Employment Letter Missing | Resolved-LOX in file that
supports employment history for Borrower 2. Business closed, took time off to
take care of XXXX then reentered the work force at XXXX which is where she is
currently - Due Diligence Vendor-07/07/2026 Ready for Review-Please revisit. LOE from borrower page 1453 and Seller does not have employment gap letter guidelines/requirements. Thank you. - Due Diligence Vendor-07/06/2026 Open-Borrower 2 Gap Employment Letter Missing. Missing = 3rd party verification of date of employment from prior employer. - Due Diligence Vendor-07/06/2026 |
Resolved-LOX in file that
supports employment history for Borrower 2. Business closed, took time off to
take care of XXXX then reentered the work force at XXXX which is where she is
currently - Due Diligence Vendor-07/07/2026 |
Qualifying DTI below
maximum allowed - . Required is 50 Borrower has 44.67 LTV is less than guideline maximum - . Required is 80 Borrower has 67.8 Qualifying FICO score is at least 20 points above minimum for program - . Required is 700 Borrower has 807 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 10072349 | ||||
| XXXX | 3115557 | D | B | D | A | C | B | A | A | Closed | FCRE7497 | 2026-07-06 13:08 | 2026-07-07 14:09 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Located final CD
from purchase of REO 3c as well as tax bill - Due Diligence Vendor-07/07/2026
Ready for Review-Please revisit. XXXX – Property tax bill page 1486. (XXXX per month) LOE from borrower addressing no HOA page 1471.Settlement statement for purchase of property page 1488, HOA documentation page 1487. Thank you! - Due Diligence Vendor-07/06/2026 Open-Missing verification of PITIA on property 3c of loan application. - Due Diligence Vendor-07/06/2026 |
Resolved-Located final CD
from purchase of REO 3c as well as tax bill - Due Diligence
Vendor-07/07/2026 |
Qualifying DTI below
maximum allowed - . Required is 50 Borrower has 44.67 LTV is less than guideline maximum - . Required is 80 Borrower has 67.8 Qualifying FICO score is at least 20 points above minimum for program - . Required is 700 Borrower has 807 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 10075069 | ||||
| XXXX | 3115557 | D | B | D | A | C | B | A | A | Closed | FCOM1302 | 2026-07-02 08:31 | 2026-07-02 08:31 | Waived | 2 - Non-Material | B | B | Compliance | Disclosure | Home Loan Toolkit Not Provided Within 3 Days of Application Date | Waived-The Home Loan Toolkit was not provided within 3 days of the Application Date (Number of Days Difference is '6'). Originator waiver applied to non-material Findings. - Due Diligence Vendor-07/02/2026 | Waived-The Home Loan
Toolkit was not provided within 3 days of the Application Date (Number of
Days Difference is '6'). Originator waiver applied to non-material Findings.
- Due Diligence Vendor-07/02/2026 |
Qualifying DTI below
maximum allowed - . Required is 50 Borrower has 44.67 LTV is less than guideline maximum - . Required is 80 Borrower has 67.8 Qualifying FICO score is at least 20 points above minimum for program - . Required is 700 Borrower has 807 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | Originator Post-Close | No | 10039691 | ||||
| XXXX | 3118572 | C | A | A | A | C | A | A | A | Closed | FCOM0013 | 2026-07-06 12:23 | 2026-07-10 11:30 | Resolved | 1 - Information | C | A | Compliance | Disclosure | Missing e-Consent | Resolved-Received
E-Consent Form. Finding Resolved. - Due Diligence Vendor-07/10/2026 Ready for Review-e-consent - Due Diligence Vendor-07/09/2026 Open-Missing e-Consent. Missing proof e-consent was received and agreed upon by borrower. - Due Diligence Vendor-07/06/2026 |
Resolved-Received E-Consent
Form. Finding Resolved. - Due Diligence Vendor-07/10/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 660 Borrower has
808 LTV is less than guideline maximum - Required is 80 Borrower has 72.25 Qualifying DTI below maximum allowed - Required is 50 Borrower has 41.25 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Second Home | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 10072881 | |||
| XXXX | 3113334 | C | B | C | B | A | A | A | A | Closed | FCRE8201 | 2026-07-07 15:22 | 2026-08-03 11:38 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Originator
exception granted, waiver applied with comp factors. Deemed non-material with
comp factors for DTI of 49.60%. - Due Diligence Vendor-08/03/2026 Ready for Review-Please revisit - XXXX exception approval attached, pricing adjustment reflected on rate lock. Thank you! - Due Diligence Vendor-07/08/2026 Open-Borrowers departing residence was refinanced and is not under contract. Borrowers are relocating from XXXX. Missing the following required by the guidelines. 1) signed letter of intent from the borrower indicating that they intend to list the departing residence for sale within 90 days of closing he subject loan. 2. Missing the exterior only inspection residential appraisal to support 20% equity after deducting all outstanding liens. 3. Missing documentation to support 12 or 24 months reserves for departing residence determined by the marketing time stated on the exterior only residential appraisal. 4. If the equity in the departing residence is less than 20%, the PITIA for the departing residence must be included in the DTI. Additional findings may apply. - Due Diligence Vendor-07/07/2026 |
Waived-Originator exception
granted, waiver applied with comp factors. Deemed non-material with comp
factors for DTI of 49.60%. - Due Diligence Vendor-08/03/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 660 Borrower has
734 LTV is less than guideline maximum - Required is 85 Borrower has 80 |
LTV 5% lower than max
allowable FICO > 20 points of allowable |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | Yes | 10102815 | ||
| XXXX | 3113334 | C | B | C | B | A | A | A | A | Closed | FCRE1317 | 2026-07-07 10:11 | 2026-07-09 17:11 | Waived | 2 - Non-Material | C | B | Credit | Income/Employment | Borrower 1 Total Years Employment Verified is Less Than 24 Months | Waived-Originator
exception granted, waiver applied with comp factors. Deemed non-material as
borrower work in the XXXX years prior the S/E. - Due Diligence
Vendor-07/09/2026 Ready for Review-Please revisit - XXXX exception approval attached, pricing adjustment reflected on rate lock. Thank you! - Due Diligence Vendor-07/08/2026 Open-Borrower 1 Total Years Employment Verified is Less Than 24 Months Self employed borrowers must have been in business at least 2 years. The borrower's business start date was 12/1/2025, which is less than 2 years. No exception provided for less than 24 months self employed. - Due Diligence Vendor-07/07/2026 |
Waived-Originator exception
granted, waiver applied with comp factors. Deemed non-material as borrower
work in the XXXX years prior the S/E. - Due Diligence Vendor-07/09/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 660 Borrower has
734 LTV is less than guideline maximum - Required is 85 Borrower has 80 |
LTV 5% lower than max
allowable FICO > 20 points of allowable |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | Yes | 10095020 | ||
| XXXX | 3125196 | C | A | C | A | A | A | A | A | Closed | FCRE1206 | 2026-07-08 12:32 | 2026-07-20 12:33 | Resolved | 1 - Information | C | A | Credit | Eligibility | All Interested Parties Not Checked with Exclusionary Lists | Resolved-All Interested
Parties Checked against Exclusionary Lists - Due Diligence Vendor-07/20/2026
Ready for Review-Uploaded the Fraud Report and supporting docs. - Due Diligence Vendor-07/16/2026 Counter-Received updated Fraud report clearing the remaining parties. Report has 1 high alert not cleared. Please review/clear and rerun fraud report - Due Diligence Vendor-07/15/2026 Ready for Review-Fraud report attached - Due Diligence Vendor-07/14/2026 Open-All Interested Parties Not Checked with Exclusionary Lists Non borrowering guarantor & Borrower's LLC were not included in fraud report searchs including comparison to Exclusionary list. - Due Diligence Vendor-07/08/2026 |
Resolved-All Interested
Parties Checked against Exclusionary Lists - Due Diligence
Vendor-07/20/2026 |
LTV is less than guideline
maximum - Required is 80 Borrower has 75 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 724 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 10124268 | |||
| XXXX | 3125766 | B | B | A | A | B | B | A | A | Closed | FCOM5135 | 2026-07-08 12:34 | 2026-07-08 12:34 | Waived | 2 - Non-Material | B | B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material findings - Due Diligence Vendor-07/08/2026 | Waived-Required Affiliated
Business Disclosure Missing Originator waiver applied to non-material
findings - Due Diligence Vendor-07/08/2026 |
LTV is less than guideline
maximum - Required is 80 Borrower has 50.26 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 722 Months Reserves exceed minimum required - 47+ mos reserves; 3 mos required |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | Originator Post-Close | No | 10124287 | ||||
| XXXX | 3126642 | C | A | C | A | A | A | A | A | Closed | FCRE9501 | 2026-07-08 12:38 | 2026-07-24 07:22 | Resolved | 1 - Information | C | A | Credit | Assets | Total Qualified Assets Post-Close is Less than $0 | Resolved-Using Heloc for
reserve requirement which is acceptable per GL - Due Diligence
Vendor-07/24/2026 Ready for Review-a statement was provided that was previously in the file that shows the terms. The rate is 6.25% the credit limit is XXXX there is no balance and payment due so the entire balance is available. Please escalate this. - Due Diligence Vendor-07/22/2026 Counter-Upon receipt of HELOC terms and conditions will clear - Due Diligence Vendor-07/22/2026 Ready for Review-See previous upload - Due Diligence Vendor-07/21/2026 Open-Total Qualified Assets Post-Close amount is 'XXXX'. Assets are Insufficient. Unable to document sufficient funds. - Due Diligence Vendor-07/08/2026 |
Resolved-Using Heloc for
reserve requirement which is acceptable per GL - Due Diligence
Vendor-07/24/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 720 Borrower has
816 LTV is less than guideline maximum - Required is 85 Borrower has 80 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 10124368 | ||||
| XXXX | 3126642 | C | A | C | A | A | A | A | A | Closed | FCRE1198 | 2026-07-09 14:13 | 2026-07-24 07:21 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Using Heloc for
reserve requirement which is acceptable per GL 8.23 - Due Diligence
Vendor-07/24/2026 Ready for Review-a statement was provided that was previously in the file that shows the terms. The rate is 6.25% the credit limit is XXXX there is no balance and payment due so the entire balance is available. Please escalate this. - Due Diligence Vendor-07/22/2026 Counter-Missing Terms and Conditions of Heloc, please provide to complete HELOC documents - Due Diligence Vendor-07/22/2026 Ready for Review-This was in the file. - Due Diligence Vendor-07/21/2026 Counter-Received History statement for a HELOC to use for reserves. Please provide terms and conditions for the HELCO XXXX. Other conditions may apply - Due Diligence Vendor-07/21/2026 Ready for Review-Here you are - Due Diligence Vendor-07/20/2026 Counter-Received duplicate XXXX statements. Missing sufficient reserves of 6 months-short $XX - Due Diligence Vendor-07/13/2026 Ready for Review-See attached - Due Diligence Vendor-07/09/2026 Open-Audited Reserves of month(s) are less than Guideline Required Reserves of 6 month(s) Audited Reserves are less than guideline requirement of 6 months. - Due Diligence Vendor-07/09/2026 |
Resolved-Using Heloc for
reserve requirement which is acceptable per GL 8.23 - Due Diligence
Vendor-07/24/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 720 Borrower has
816 LTV is less than guideline maximum - Required is 85 Borrower has 80 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 10157448 | |||
| XXXX | 3125160 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | |||||||||||||||||||
| XXXX | 3115770 | C | A | A | A | C | A | A | A | Closed | finding-3540 | 2026-07-10 12:45 | 2026-07-14 08:17 | Resolved | 1 - Information | C | A | Compliance | TRID | Revised Closing Disclosure Delivery Date Test (No Waiting Period Required) Test | Resolved-Received copy at
closing. Finding resolved. - Due Diligence Vendor-07/14/2026 Ready for Review-Please revisit page 543-548 CD issue date XXXX signed. Thank you! - Due Diligence Vendor-07/13/2026 Open-This loan failed the revised closing disclosure delivery date test (no waiting period required). ( 12 CFR §1026.19(f)(2)(i) )The revised closing disclosure delivery does not require a new waiting period and:The revised closing disclosure delivery date is provided and the revised closing disclosure method of delivery is marked as either"XXXX" or "Electronic Delivery" or blank, and the revised closing disclosure delivery date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the revised closing disclosure delivery date is after the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe revised closing disclosure receipt date is provided and the revised closing disclosure receipt date is after the consummation date, or closing / settlement date if no consummation date is provided, of the transaction.Changes before consummation not requiring a new waiting period. Except as provided in §1026.19(f)(2)(ii), if the disclosures provided under §1026.19(f)(1)(i) become inaccurate before consummation, the creditor shall provide corrected disclosures reflecting any changed terms to the consumer so that the consumer receives the corrected disclosures at or before consummation. Notwithstanding the requirement to provide corrected disclosures at or before consummation, the creditor shall permit the consumer to inspect the disclosures provided under this paragraph, completed to set forth those items that are known to the creditor at the time of inspection, during the business day immediately preceding consummation, but the creditor may omit from inspection items related only to the seller's transaction. -----CD XXXX is not signed and there is no evidence of when it was provided to borrower. Statute of Limitations 3 years- Expiration date is XXXX. - Due Diligence Vendor-07/10/2026 |
Resolved-Received copy at
closing. Finding resolved. - Due Diligence Vendor-07/14/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 25.05 LTV is less than guideline maximum - Required is 85 Borrower has 73.78 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 747 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 10181250 | ||||
| XXXX | 3125808 | D | A | D | A | A | A | A | A | Closed | FCRE1510 | 2026-07-13 10:07 | 2026-07-20 13:04 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Ex A
legal description, There are no issues present on the Mortgage Document (Deed
of Trust). - Due Diligence Vendor-07/20/2026 Ready for Review-07/17/26 - XX: Please see attached. - Due Diligence Vendor-07/17/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Mortgage is missing Legal Description. - Due Diligence Vendor-07/13/2026 |
Resolved-Received Ex A
legal description, There are no issues present on the Mortgage Document (Deed
of Trust). - Due Diligence Vendor-07/20/2026 |
LTV is less than guideline
maximum - Required is 85 Borrower has 80 Qualifying DTI below maximum allowed - Required is 50 Borrower has 13.74 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 811 |
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 | 10203896 | |||
| XXXX | 3125808 | D | A | D | A | A | A | A | A | Closed | FCRE5782 | 2026-07-14 10:19 | 2026-07-20 13:00 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Gap Credit Report
is not required per GL - Due Diligence Vendor-07/20/2026 Ready for Review-07/27/2026 - XX: The credit report in file is dated 06/02/2026 and has not expired/. A gap credit report is not required. - Due Diligence Vendor-07/17/2026 Open-Borrower 1 Gap Credit Report is Missing Additional findings may apply. - Due Diligence Vendor-07/14/2026 |
Resolved-Gap Credit Report
is not required per GL - Due Diligence Vendor-07/20/2026 |
LTV is less than guideline
maximum - Required is 85 Borrower has 80 Qualifying DTI below maximum allowed - Required is 50 Borrower has 13.74 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 811 |
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 | 10232467 | ||||
| XXXX | 3125127 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | |||||||||||||||||||
| XXXX | 3125373 | C | A | C | A | A | A | A | A | Closed | FCRE1440 | 2026-07-14 11:57 | 2026-07-17 11:23 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Upon further
review, per GL, if credit report reflects the 12 month payment history this
is acceptable - Due Diligence Vendor-07/17/2026 Ready for Review-07/16 SA: Please see the attached guidelines supporting that no more than one 30-day housing late in the past 12 months (1x30x12) is allowed and the credit report shows the primary mortgage has no lates. This means we do not need to document the June payment for the primary mortgage. - Due Diligence Vendor-07/16/2026 Open-Housing History Does Not Meet Guideline Requirements Please provide evidence the June 2026 mortgage payment Primary residence was paid as agreed. Additional findings may apply. - Due Diligence Vendor-07/14/2026 |
Resolved-Upon further
review, per GL, if credit report reflects the 12 month payment history this
is acceptable - Due Diligence Vendor-07/17/2026 |
Long term residence -
Borrower has lived at current residence for 6 years. Months Reserves exceed minimum required - Minm 3, Borrower has 113.52 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 10236110 | |||
| XXXX | 3125712 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | |||||||||||||||||||
| XXXX | 3126426 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | |||||||||||||||||||
| XXXX | 3126303 | D | A | D | A | A | A | A | A | Closed | FCOM1352 | 2026-07-16 13:39 | 2026-07-21 15:00 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Received Business
Purpose Affidavit Disclosure i - Due Diligence Vendor-07/21/2026 Ready for Review-Business Purposes - Due Diligence Vendor-07/20/2026 Open-The Business Purpose Affidavit Disclosure is Missing Please provide. - Due Diligence Vendor-07/16/2026 |
Resolved-Received Business
Purpose Affidavit Disclosure i - Due Diligence Vendor-07/21/2026 |
Long term residence - Long
Term Residence = 4+ years Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 773 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 10295035 | |||
| XXXX | 3126807 | C | A | A | A | C | A | A | A | Closed | finding-3352 | 2026-07-15 11:49 | 2026-07-23 08:27 | Resolved | 1 - Information | C | A | Compliance | Points & Fees | Higher-Priced Mortgage Loan Test | Resolved-loan meets HPML
requirements for appraisal and full escrows. - Due Diligence
Vendor-07/17/2026 Open-This loan failed the higher-priced mortgage loan test. ( 12 CFR § 1026.35(a)(1) )Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. - Due Diligence Vendor-07/15/2026 |
Resolved-loan meets HPML
requirements for appraisal and full escrows. - Due Diligence
Vendor-07/17/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 34.38 Long term residence - Prior primary owned for 4+ years Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 649 |
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 | 10264946 | ||||
| XXXX | 3126807 | C | A | A | A | C | A | A | A | Closed | finding-3634 | 2026-07-15 11:49 | 2026-07-23 08:27 | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Received
explanation that broker fees were added on COC for lock. Fees were not listed
on the COC. Finding Resolved. - Due Diligence Vendor-07/23/2026 Ready for Review-Please see LE and COC showing Loan locked. The interest rate was floating initially and was locked when the fee was added. The rate also changed when the borrower locked. Both can directly trigger a change to points and broker compensation - Due Diligence Vendor-07/22/2026 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 XXXX.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). ----- Zero (0%) tolerance fees increased by XXXX (Broker Fee) without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of XXXX, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Remediation options (1) within 60 days of consummation expires XXXX (2) within 60 days of discovery expires XXXX remains EV2B under TILA 130(b) (3) After 60 days of discovery, no cure, Statute of Limitations - 3 Years; Expiration Date: XXXX remains EV3C - Due Diligence Vendor-07/15/2026 |
Resolved-Received
explanation that broker fees were added on COC for lock. Fees were not listed
on the COC. Finding Resolved. - Due Diligence Vendor-07/23/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 34.38 Long term residence - Prior primary owned for 4+ years Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 649 |
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 | 10264943 | |||
| XXXX | 3125109 | D | A | D | A | D | A | A | A | Closed | FCOM1231 | 2026-07-15 11:37 | 2026-07-31 10:22 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | The Initial 1003 is Missing | Resolved-Received copy of
LOS showing application was taken on XXXX. Finding Resolved. - Due Diligence
Vendor-07/31/2026 Ready for Review-CT 7/30: Please see the attached Initial Origination Package with 1003 and LE dated XXXX// - Due Diligence Vendor-07/30/2026 Counter-Loan Officer's signature stamp in Section 9 of the initial 1003 is dated XXXX, initial LE is dated XXXX. Please provide a copy of LOS system that reflects 1003 was taken on XXXX. - Due Diligence Vendor-07/21/2026 Ready for Review-CT 7/20: Please clarify, the cited 1003 and initial LE were both generated on XXXX and signed on XXXX with matching timestamps. There's nothing that indicates the initial LE predates the 1003 - Due Diligence Vendor-07/20/2026 Open-The Initial 1003 is Missing Initial 1003 is dated XXXX with Initial LE issued XXXX. Application date cannot occur after issuance of Initial LE, please clarify application date - Due Diligence Vendor-07/15/2026 |
Resolved-Received copy of
LOS showing application was taken on XXXX. Finding Resolved. - Due Diligence
Vendor-07/31/2026 |
LTV is less than guideline
maximum - Required is 90 Borrower has 85 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 743 |
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 | 10264349 | |||
| XXXX | 3125109 | D | A | D | A | D | A | A | A | Closed | FCRE1510 | 2026-07-16 12:02 | 2026-07-27 15:11 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-There are no
issues present on the Mortgage Document (Deed of Trust). - Due Diligence
Vendor-07/27/2026 Ready for Review-7/24 MM: Please see attached legal description - Due Diligence Vendor-07/24/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing Legal description - Due Diligence Vendor-07/16/2026 |
Resolved-There are no
issues present on the Mortgage Document (Deed of Trust). - Due Diligence
Vendor-07/27/2026 |
LTV is less than guideline
maximum - Required is 90 Borrower has 85 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 743 |
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 | 10292920 | |||
| XXXX | 3125109 | D | A | D | A | D | A | A | A | Closed | FCRE1325 | 2026-07-16 13:52 | 2026-07-22 12:16 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 CPA Letter Missing | Resolved-CPA letter does
confirm borrowers business is open and active, SOS documents business initial
filing XX - Due Diligence Vendor-07/22/2026 Ready for Review-7/20 MM: Please see attached CPA letter that does confrim CPA expese ratio and that the business is currently active. The guidelines do not state that the CPA must confirm the dates of the employment. The guidelines state All borrowers must also provide evidence that the business is currently active and has been in existence for at least two (2) years via CPA/Tax preparer letter or confirmation from a regulatory or state agency or applicable licensing bureau. Please see the attached copy of the VOB. - Due Diligence Vendor-07/20/2026 Open-Borrower 1 CPA Letter Missing CPA letter on file did not provide any dates of employment or expense factor confirmation - Due Diligence Vendor-07/16/2026 |
Resolved-CPA letter does
confirm borrowers business is open and active, SOS documents business initial
filing XX - Due Diligence Vendor-07/22/2026 |
LTV is less than guideline
maximum - Required is 90 Borrower has 85 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 743 |
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 | 10295352 | |||
| XXXX | 3125109 | D | A | D | A | D | A | A | A | Closed | finding-3352 | 2026-07-15 10:34 | 2026-07-16 17:47 | Resolved | 1 - Information | C | A | Compliance | Points & Fees | Higher-Priced Mortgage Loan Test | Resolved-Loan contains
full appraisal and escrows, meeting HPML compliance - Due Diligence
Vendor-07/16/2026 Open-This loan failed the higher-priced mortgage loan test. ( 12 CFR § 1026.35(a)(1) )Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. - Due Diligence Vendor-07/15/2026 |
Resolved-Loan contains full
appraisal and escrows, meeting HPML compliance - Due Diligence
Vendor-07/16/2026 |
LTV is less than guideline
maximum - Required is 90 Borrower has 85 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 743 |
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 | 10262521 | ||||
| XXXX | 3127821 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | |||||||||||||||||||
| XXXX | 3128490 | C | A | C | A | A | A | A | A | Closed | FCRE8702 | 2026-07-16 13:33 | 2026-07-22 12:56 | Resolved | 1 - Information | C | A | Credit | Borrower | Business Entity Formation Document is Incomplete | Resolved-Operating
Agreement reflects Capital Contribution which in turn results in 33%
ownership by borrower and 66% by spouse. - Due Diligence Vendor-07/22/2026
Ready for Review-07/20 SA: Please see the attached operating agreement where age 3 of the operating agreement, there is a breakdown of capital contributions, detailing the borrower having contributed XXXX and the XXXX contributed XXXX. Capital Contribution supports the borrower having 1/3 ownership, or 33%, which would sufficiently meet the investors guidelines of ownership. - Due Diligence Vendor-07/20/2026 Open-The Business Entity Formation Document is incomplete Operating Agreement provided does not indicate ownership percentage. - Due Diligence Vendor-07/16/2026 |
Resolved-Operating
Agreement reflects Capital Contribution which in turn results in 33%
ownership by borrower and 66% by spouse. - Due Diligence Vendor-07/22/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 700 Borrower has
722 Months Reserves exceed minimum required - Minm 3, Borrower has 80.51 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 10294939 | |||
| XXXX | 3125745 | D | A | D | A | A | A | A | A | Closed | FCOM1352 | 2026-07-20 08:15 | 2026-08-26 15:01 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Received The
Business Purpose Affidavit - Due Diligence Vendor-08/26/2026 Ready for Review-Business Purpose Affidavit attached. - Due Diligence Vendor-08/25/2026 Open-The Business Purpose Affidavit Disclosure is Missing - Due Diligence Vendor-07/20/2026 |
Resolved-Received The
Business Purpose Affidavit - Due Diligence Vendor-08/26/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 620 Borrower has
781 Months Reserves exceed minimum required - 261 months PITIA reserves; 3 months reserves required. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 10348250 | |||
| XXXX | 3125745 | D | A | D | A | A | A | A | A | Closed | FCRE7497 | 2026-07-20 11:32 | 2026-08-06 16:59 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received CD for
XXXX. - Due Diligence
Vendor-08/06/2026 Ready for Review-XXXX are the 2 purchases that closed simultaneously. This loan is for XXXX. There are no mortgage statements available due to being new purchases. - Due Diligence Vendor-08/05/2026 Counter-Received mortgage statements for each property except: XXXX. Please provide. - Due Diligence Vendor-07/27/2026 Ready for Review-REO Docs attached. - Due Diligence Vendor-07/24/2026 Open-Mortgage statements for all REO's not provided and verification of HOA dues for primary residence not provided. - Due Diligence Vendor-07/20/2026 |
Resolved-Received CD for
XXXX. - Due Diligence
Vendor-08/06/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 620 Borrower has
781 Months Reserves exceed minimum required - 261 months PITIA reserves; 3 months reserves required. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 10352705 | |||
| XXXX | 3125745 | D | A | D | A | A | A | A | A | Closed | FCRE0197 | 2026-07-20 11:16 | 2026-07-27 15:38 | Resolved | 1 - Information | C | A | Credit | Eligibility | The Final SELLER CD/HUD is missing | Resolved-Received Sellers
Final Closing Disclosure - Due Diligence Vendor-07/27/2026 Ready for Review-Final Seller CD attached. - Due Diligence Vendor-07/24/2026 Open-The Final SELLER CD/HUD is missing. - Due Diligence Vendor-07/20/2026 |
Resolved-Received Sellers
Final Closing Disclosure - Due Diligence Vendor-07/27/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 620 Borrower has
781 Months Reserves exceed minimum required - 261 months PITIA reserves; 3 months reserves required. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 10352221 | |||
| XXXX | 3125454 | D | A | D | A | A | A | A | A | Closed | FCRE1506 | 2026-07-17 20:13 | 2026-07-22 13:20 | Resolved | 1 - Information | C | A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-Received CPA
letter The Final Reviewed QM Status is acceptable or the loan is a Business
Purpose loan. - Due Diligence Vendor-07/22/2026 Ready for Review-7/20 MM: According to the Bank Statement XXXX Guidelines a CPA/tax preparer letter is required, providing the expense ratio. The business Letter must be signed and dated by CPA/tax preparer; CPA/tax preparer cannot be an employee or a relative of the borrower. Please see the attached LOX which is signed and dated by XXXX. Since the guidelines state a tax preparer is sufficient no additional documentation is required. - Due Diligence Vendor-07/20/2026 Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. 1. Guides state that a "CPA" letter must be provided - the individual who provided the letter has a title of Tax Professional. Lender to provide documentation that this individual is a CPA w/ evidence of CPA license verification. 2. Per guides, CPA cannot be an employee or a relative of the Borrower. The letter in the file does not state that they are not an employee or relative of the borrower. - Due Diligence Vendor-07/18/2026 |
Resolved-Received CPA
letter The Final Reviewed QM Status is acceptable or the loan is a Business
Purpose loan. - Due Diligence Vendor-07/22/2026 |
LTV is less than guideline
maximum - Required is 75 Borrower has 65 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 754 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 10338765 | |||
| XXXX | 3125454 | D | A | D | A | A | A | A | A | Closed | FCRE1325 | 2026-07-17 14:58 | 2026-07-22 13:12 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 CPA Letter Missing | Resolved-Per GL dated
12/3/25: All Borrowers must also
provide evidence that business has been in existence for at least two (2)
years via CPA/Tax preparer letter, confirmation from regulatory or state agency, or applicable licensing bureau; • Verify percentage of ownership via reliable third party source; GL's do not state that must be CPA providing letter or that they state are not a relative. - Due Diligence Vendor-07/22/2026 Ready for Review-7/20 MM: According to the Bank Statement Yellow Guidelines a CPA/tax preparer letter is required, providing the expense ratio. The business Letter must be signed and dated by CPA/tax preparer; CPA/tax preparer cannot be an employee or a relative of the borrower. Please see the attached LOX which is signed and dated by XXXX. Since the guidelines state a tax preparer is sufficient no additional documentation is required. - Due Diligence Vendor-07/20/2026 Open-Borrower 1 CPA Letter Missing Tax preparer letter in file provided an expense ratio less than 50%, which was used for qualifying income. 1. Guides state that a "CPA" letter must be provided - the individual who provided the letter has a title of Tax Professional. Lender to provide documentation that this individual is a CPA w/ evidence of CPA license verification. 2. Per guides, CPA cannot be an employee or a relative of the Borrower. The letter in the file does not state that they are not an employee or relative of the borrower. 3. Additional conditions may apply, pending review. - Due Diligence Vendor-07/17/2026 |
Resolved-Per GL dated
XXXX: All Borrowers must also provide
evidence that business has been in existence for at least two (2) years via
CPA/Tax preparer letter, confirmation from regulatory or state agency, or applicable licensing bureau; • Verify percentage of ownership via reliable third party source; GL's do not state that must be CPA providing letter or that they state are not a relative. - Due Diligence Vendor-07/22/2026 |
LTV is less than guideline
maximum - Required is 75 Borrower has 65 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 754 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 10331897 | |||
| XXXX | 3125814 | D | A | D | A | A | A | A | A | Closed | FCOM1352 | 2026-07-17 12:36 | 2026-08-03 13:37 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Subject is
not a DSCR it is a bank statement loan
and these do not required the BP Affidavit - Due Diligence Vendor-08/03/2026
Ready for Review-CT 7/30: Business Purpose Certificate not required on consumer purpose loan, Bank statement product is not subject to this testing. Please see attached, which should suffice - Due Diligence Vendor-07/30/2026 Open-The Business Purpose Affidavit Disclosure is Missing Business Purpose Affidavit required - Due Diligence Vendor-07/17/2026 |
Resolved-Subject is
not a DSCR it is a bank statement loan
and these do not required the BP Affidavit - Due Diligence
Vendor-08/03/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 680 Borrower has
816 Qualifying DTI below maximum allowed - Required is 50 Borrower has 24.58 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 10325569 | |||
| XXXX | 3128274 | C | A | C | A | A | A | A | A | Closed | FCRE1510 | 2026-07-20 09:52 | 2026-07-24 15:13 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Legal. -
Due Diligence Vendor-07/24/2026 Ready for Review-07/23/26 - XX: Please see attached. - Due Diligence Vendor-07/23/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing legal description, Exhibit A - Due Diligence Vendor-07/20/2026 |
Resolved-Received Legal. -
Due Diligence Vendor-07/24/2026 |
Long term residence - 5.08
years at primary residence Months Reserves exceed minimum required - 3 months required, borrower has 4.51 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 10350153 | |||
| XXXX | 3127542 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | |||||||||||||||||||
| XXXX | 3126150 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | |||||||||||||||||||
| XXXX | 3125793 | D | B | D | B | C | B | A | A | Closed | FCRE1506 | 2026-07-22 17:53 | 2026-08-07 12:44 | Resolved | 1 - Information | C | A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-All
income/liabilities met - Due Diligence Vendor-08/07/2026 Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Additional docs needed to verify income/liabilities. - Due Diligence Vendor-07/22/2026 |
Resolved-All
income/liabilities met - Due Diligence Vendor-08/07/2026 |
Months Reserves exceed
minimum required - Reserves = 319 months – Required Reserves = 6 Months Residual Income =/> 1.5 times $XX monthly residual income - Residual Income =/> 1.5 times $XX monthly residual income - Qualifying residual income = XXXX; minimum required NONE |
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 | 10414398 | ||||
| XXXX | 3125793 | D | B | D | B | C | B | A | A | Closed | FCRE7497 | 2026-07-22 18:12 | 2026-08-07 12:39 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-REO 3A is
departing primary, per GL appraisal must be obtain and reflect at least 20%
equity. - Due Diligence
Vendor-08/07/2026 Ready for Review-Please see attached. - Due Diligence Vendor-08/06/2026 Counter-Documentation provided for B3 property 3a and 3b; however, B1 & B2 property 3a is still missing the hazard insurance, appraisal provided confirmed the taxes. Property was included in the DTI. - Due Diligence Vendor-07/30/2026 Ready for Review-HOA payment for XXXX is uploaded, XXXX shows escrowing T/I and HOA is also uploaded. Property for B1 and B2, docs should not be required. PITIA is excluded due to property to be sold. Departing residence appraisal completed and uploaded. - Due Diligence Vendor-07/29/2026 Open-Missing proof of taxes and insurance for property 3A (B1 & B2). Frequency of HOA dues for property 3A for B3 needed to verify liability Missing verification of any HOA dues for B3 property 3B Additional findings may apply. - Due Diligence Vendor-07/22/2026 |
Resolved-REO 3A is
departing primary, per GL appraisal must be obtain and reflect at least 20%
equity. - Due Diligence
Vendor-08/07/2026 |
Months Reserves exceed
minimum required - Reserves = 319 months – Required Reserves = 6 Months Residual Income =/> 1.5 times $XX monthly residual income - Residual Income =/> 1.5 times $XX monthly residual income - Qualifying residual income = XXXX; minimum required NONE |
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 | 10414527 | |||
| XXXX | 3125793 | D | B | D | B | C | B | A | A | Closed | finding-3634 | 2026-07-21 12:42 | 2026-08-03 10:01 | Cured | 2 - Non-Material | C | B | Compliance | TRID | Charges That Cannot Increase Test | Cured-Received PCCD XXXX
with copy of letter, check and shipping Label. Finding is Cured. - Due Diligence Vendor-08/03/2026 Ready for Review-PCCD, LOE, Check and shipping label - Due Diligence Vendor-07/31/2026 Counter-Correct the COC for the discount points was added. The corrected Finding is Fees increased by $206.00 for the appraisal fee and the appraisal rush fee. Please provide a COC for these fees or a PCCD with cure on it with copy of LOE, check and shipping label. - Due Diligence Vendor-07/29/2026 Ready for Review-There is a valid COC for the Discount Point increase of $8750.00 which is uploaded. The borrower only needs a refund of XXXX for the under-disclosed Appraisal Fees. - Due Diligence Vendor-07/29/2026 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 XXXX.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). -----Zero (0%) tolerance fees increased by XXXX (Loan discount points, appraisal fee, Appraisal Rush Fee) without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of XXXX, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Remediation options (1) within 60 days of consummation expires XXXX (2) within 60 days of discovery expires XXXX remains EV2B under TILA 130(b) (3) After 60 days of discovery, no cure, Statute of Limitations - 3 Years; Expiration Date: XXXX remains EV3C - Due Diligence Vendor-07/21/2026 |
Cured-Received PCCD XXXX
with copy of letter, check and shipping Label. Finding is Cured. - Due Diligence Vendor-08/03/2026 |
Months Reserves exceed
minimum required - Reserves = 319 months – Required Reserves = 6 Months Residual Income =/> 1.5 times $XX monthly residual income - Residual Income =/> 1.5 times $XX monthly residual income - Qualifying residual income = XXXX; minimum required NONE |
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 | 10381780 | |||
| XXXX | 3125793 | D | B | D | B | C | B | A | A | Closed | FCRE1204 | 2026-07-22 17:11 | 2026-07-30 09:56 | Resolved | 1 - Information | C | A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-All Fraud Report
Alerts have been cleared. - Due Diligence Vendor-07/30/2026 Ready for Review-Fraud Report - Due Diligence Vendor-07/29/2026 Open-Fraud Report Shows Uncleared Alerts All high alerts to be cleared (fraud report also shows no score) - Due Diligence Vendor-07/22/2026 |
Resolved-All Fraud Report
Alerts have been cleared. - Due Diligence Vendor-07/30/2026 |
Months Reserves exceed
minimum required - Reserves = 319 months – Required Reserves = 6 Months Residual Income =/> 1.5 times $XX monthly residual income - Residual Income =/> 1.5 times $XX monthly residual income - Qualifying residual income = XXXX; minimum required NONE |
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 | 10413898 | |||
| XXXX | 3125793 | D | B | D | B | C | B | A | A | Closed | FCRE1159 | 2026-07-22 13:55 | 2026-07-30 09:54 | Resolved | 1 - Information | C | A | Credit | Insurance | Hazard Insurance Effective Date is after the Note Date | Resolved-Hazard Insurance
was provided with an Effective Date of XXXX is prior to or equal to the Note
Date of XXXX - Due Diligence Vendor-07/30/2026 Ready for Review-Updated Hazard Insurance Effective Date - Due Diligence Vendor-07/29/2026 Open-Hazard Insurance Effective Date of XXXX is after the Note Date of XXXX Disbursement was on XXXX. HOI effective date is after disbursement. - Due Diligence Vendor-07/22/2026 |
Resolved-Hazard Insurance
was provided with an Effective Date of XXXX is prior to or equal to the Note
Date of XXXX - Due Diligence Vendor-07/30/2026 |
Months Reserves exceed
minimum required - Reserves = 319 months – Required Reserves = 6 Months Residual Income =/> 1.5 times $XX monthly residual income - Residual Income =/> 1.5 times $XX monthly residual income - Qualifying residual income = XXXX; minimum required NONE |
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 | 10408923 | |||
| XXXX | 3125793 | D | B | D | B | C | B | A | A | Closed | finding-3532 | 2026-07-21 12:42 | 2026-07-24 10:23 | Resolved | 1 - Information | C | A | Compliance | TRID | Initial Closing Disclosure Delivery Date Test | Resolved-Received CD XXXX.
Finding Resolved. - Due Diligence Vendor-07/24/2026 Ready for Review-Initial CD - Due Diligence Vendor-07/24/2026 Open-This loan failed the initial closing disclosure delivery date test due to one of the following findings:( 12 CFR §1026.19(f)(1)(ii) )The initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:"XXXX" or "Electronic Delivery" or blank, and the initial closing disclosure delivery date is less than six business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the initial closing disclosure delivery date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transactionThe creditor shall ensure that the consumer receives the disclosures required under paragraph §1026.19(f)(1)(i) no later than three business days before consummation. ----- Initial CD receipt date of XXXX is less than three business days prior to closing date of XXXX. Statute of Limitations 3 years- Expiration date is XXXX. - Due Diligence Vendor-07/21/2026 |
Resolved-Received CD XXXX.
Finding Resolved. - Due Diligence Vendor-07/24/2026 |
Months Reserves exceed
minimum required - Reserves = 319 months – Required Reserves = 6 Months Residual Income =/> 1.5 times $XX monthly residual income - Residual Income =/> 1.5 times $XX monthly residual income - Qualifying residual income = XXXX; minimum required NONE |
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 | 10381779 | |||
| XXXX | 3125793 | D | B | D | B | C | B | A | A | Closed | FCRE1479 | 2026-07-22 17:57 | 2026-07-23 09:32 | Waived | 2 - Non-Material | C | B | Credit | Assets | Asset 1 Does Not Meet Guideline Requirements | Waived-Originator
exception granted, waiver applied with comp factors. Deemed non-material as
client will allow - Due Diligence Vendor-07/23/2026 Open-Asset Record 1 Does Not Meet G/L Requirements Assets held in a trust with another person who is not the borrower being allowed for income. Exception is in the file. - Due Diligence Vendor-07/22/2026 |
Waived-Originator exception
granted, waiver applied with comp factors. Deemed non-material as client will
allow - Due Diligence Vendor-07/23/2026 |
Months Reserves exceed
minimum required - Reserves = 319 months – Required Reserves = 6 Months Residual Income =/> 1.5 times $XX monthly residual income - Residual Income =/> 1.5 times $XX monthly residual income - Qualifying residual income = XXXX; minimum required NONE |
FICO 20points> program
minimum (700floor) LTV/CLTV10%or more below program max(max 75%) 0x30x24 housing payment history Reserves 6mos above program minimum |
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 | Yes | 10414417 | |||
| XXXX | 3127521 | D | A | D | A | A | A | A | A | Closed | FCOM1351 | 2026-07-22 08:50 | 2026-09-09 11:15 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Guaranty Agreement Missing | Resolved-Personal Guaranty
was provided. - Due Diligence Vendor-09/09/2026 Ready for Review-Guaranty Agreement - Due Diligence Vendor-09/08/2026 Open-The Subject Loan is a Business Purpose Loan but the Guaranty Agreement Doc is 'Missing'. Missing Personal Guaranty or Personal Guaranty Recourse Level is blank. - Due Diligence Vendor-07/22/2026 |
Resolved-Personal Guaranty
was provided. - Due Diligence Vendor-09/09/2026 |
Months Reserves exceed
minimum required - Reserves = 81 months – Required Reserves = 11 Months Verified employment history exceeds guidelines - Verified employment history exceeds guidelines – Employed 7+ Years – Minimum = 2 Years Long term residence - Borrower has owned subject property since XXXX, with no lates. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Limited Cash Out - <2% of Loan Amount or $XX | N/A | N/A | 10399054 | |||
| XXXX | 3126108 | C | A | C | A | A | A | A | A | Closed | FCRE1440 | 2026-07-22 09:00 | 2026-07-27 15:18 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received CD for
REO 3b and it was purchased at the end of May 2026 and will not have a 12
month payment history available - Due Diligence Vendor-07/27/2026 Ready for Review-07/24 SA: Please see the attached closing disclosure showing the property was purchased on XXXX which means no VOM will be available. - Due Diligence Vendor-07/24/2026 Open-Housing History Does Not Meet Guideline Requirements Missing VOM for other investment property 3b listed on 1003. - Due Diligence Vendor-07/22/2026 |
Resolved-Received CD for
REO 3b and it was purchased at the end of XXXX XXXX and will not have a 12
month payment history available - Due Diligence Vendor-07/27/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 700 Borrower has
778 LTV is less than guideline maximum - Required is 80 Borrower has 75 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 10399196 | |||
| XXXX | 3127080 | D | A | A | A | A | A | D | A | Closed | FPRO1253 | 2026-07-23 07:58 | 2026-07-28 15:10 | Resolved | 1 - Information | D | A | Property | Missing Doc | Secondary Valuation or Additional Valuation has not been entered per securitization requirements | Resolved-Received CDA,
supports appraised value. Additional valuation product is provided - Due
Diligence Vendor-07/28/2026 Ready for Review-Please see attached - Due Diligence Vendor-07/27/2026 Open-Additional valuation product has not been provided. Appraisal Review is Missing. Guides require a desk review, 2nd appraisal, or CU with score less than 2.5 in addition to initial appraisal - Due Diligence Vendor-07/23/2026 |
Resolved-Received CDA,
supports appraised value. Additional valuation product is provided - Due
Diligence Vendor-07/28/2026 |
LTV is less than guideline
maximum - Required is 80 Borrower has 75 Required is 80 Borrower has 75 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 686 Required is 660 Borrower has 686 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 10423449 | |||
| XXXX | 3127992 | C | A | C | A | A | A | A | A | Closed | FCRE1440 | 2026-07-23 07:44 | 2026-07-29 14:12 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-7/29/26 Received
new HELOC statement for primary residence, verified first bank from bank
statement. Received HOA and taxes confirming all paid current. Stips - Due
Diligence Vendor-07/29/2026 Ready for Review-Borrower has owned primary residence since 2017. Taxes and HOA are included in file. New HELOC on property is included. (not reporting on credit report as of yet). - Due Diligence Vendor-07/27/2026 Open-Housing History Does Not Meet Guideline Requirements Missing VOM for borrowers current primary residence lien. - Due Diligence Vendor-07/23/2026 |
Resolved-7/29/26 Received
new HELOC statement for primary residence, verified first bank from bank
statement. Received HOA and taxes confirming all paid current. Stips - Due
Diligence Vendor-07/29/2026 |
Months Reserves exceed
minimum required - Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 779 Required is 700 Borrower has 779 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 10423301 | |||
| XXXX | 3125433 | D | B | D | A | B | B | A | A | Closed | FCOM9700 | 2026-07-23 16:05 | 2026-08-20 17:49 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Property 1: Other Property Insurance Policy Missing or Incomplete | Resolved-Received PITIA
documentation and confirmation included in DTI - Due Diligence
Vendor-08/20/2026 Ready for Review-Rebuttal - Due Diligence Vendor-08/19/2026 Counter-Received PITIA for XXXX. Received mortgage statement, RE Taxes and sales contract. Please provide either final HUD from sale or validate HOI and updated 1003/1008 including in ratios. Missing PITIA validation, rental income for XXXX as reflecting on final 1003. - Due Diligence Vendor-08/11/2026 Ready for Review-Property Docs - Due Diligence Vendor-08/07/2026 Counter-Received mortgage statement, RE Taxes and sales contract. Please provide either final HUD from sale or validate HOI and updated 1003/1008 including in ratios. - Due Diligence Vendor-07/27/2026 Ready for Review-REO - Due Diligence Vendor-07/24/2026 Open-Provide full PITIA documentation for property REO 3B, schedule E income to be confirmed against lender's figure once received. Audit used net income amount off the 1003. - Due Diligence Vendor-07/23/2026 |
Resolved-Received PITIA
documentation and confirmation included in DTI - Due Diligence
Vendor-08/20/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 43.16 LTV is less than guideline maximum - Required is 75 Borrower has 32.14 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 691 |
XXXX | QM: Safe Harbor Verified (V SH) | QM: Safe Harbor Verified (V SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10436451 | |||
| XXXX | 3125433 | D | B | D | A | B | B | A | A | Closed | FCOM9701 | 2026-07-23 16:05 | 2026-07-27 16:55 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Property 2: Other Property Insurance Policy Missing or Incomplete | Resolved-Received PITIA
validation - Due Diligence Vendor-07/27/2026 Ready for Review-REO - Due Diligence Vendor-07/24/2026 Open-Provide Full PITIA for property REO 3A. Audit used net income amount off the 1003. - Due Diligence Vendor-07/23/2026 |
Resolved-Received PITIA
validation - Due Diligence Vendor-07/27/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 43.16 LTV is less than guideline maximum - Required is 75 Borrower has 32.14 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 691 |
XXXX | QM: Safe Harbor Verified (V SH) | QM: Safe Harbor Verified (V SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10436465 | |||
| XXXX | 3125433 | D | B | D | A | B | B | A | A | Closed | FCRE5782 | 2026-07-23 15:06 | 2026-07-27 16:39 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Received credit
refresh - Due Diligence Vendor-07/27/2026 Ready for Review-Gap Credit - Due Diligence Vendor-07/24/2026 Open-Borrower 1 Gap Credit Report is Missing There is a credit comparison report showing a XXXX version was pulled but no corresponding gap report. If gap report provided is not dated XXXX then lender to confirm whether another full credit report was pulled on XXXX and provide this report. - Due Diligence Vendor-07/23/2026 |
Resolved-Received credit
refresh - Due Diligence Vendor-07/27/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 43.16 LTV is less than guideline maximum - Required is 75 Borrower has 32.14 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 691 |
XXXX | QM: Safe Harbor Verified (V SH) | QM: Safe Harbor Verified (V SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10435236 | |||
| XXXX | 3125433 | D | B | D | A | B | B | A | A | Closed | FCRE5783 | 2026-07-23 15:06 | 2026-07-27 16:39 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 2 Gap Credit Report is Missing | Resolved-Received credit
refresh. - Due Diligence Vendor-07/27/2026 Ready for Review-Gap Credit - Due Diligence Vendor-07/24/2026 Open-Borrower 2 Gap Credit Report is Missing There is a credit comparison report showing a XXXX version was pulled but no corresponding gap report. If gap report provided is not dated XXXX then lender to confirm whether another full credit report was pulled on XXXX and provide this report. - Due Diligence Vendor-07/23/2026 |
Resolved-Received credit
refresh. - Due Diligence Vendor-07/27/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 43.16 LTV is less than guideline maximum - Required is 75 Borrower has 32.14 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 691 |
XXXX | QM: Safe Harbor Verified (V SH) | QM: Safe Harbor Verified (V SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10435237 | |||
| XXXX | 3125433 | D | B | D | A | B | B | A | A | Closed | FCOM1267 | 2026-07-23 11:45 | 2026-07-23 11:45 | Waived | 2 - Non-Material | B | B | Compliance | Missing Doc | Homeownership Counseling Disclosure Is Partially Provided | Waived-Homeownership Counseling Disclosure Is Partially Provided (Date Creditor Received Application is XXXX and Occupancy is Primary Residence) -----Originator waiver applied to non-material Findings. - Due Diligence Vendor-07/23/2026 | Waived-Homeownership
Counseling Disclosure Is Partially Provided (Date Creditor Received
Application is XXXX and Occupancy is Primary Residence) -----Originator
waiver applied to non-material Findings. - Due Diligence Vendor-07/23/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 43.16 LTV is less than guideline maximum - Required is 75 Borrower has 32.14 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 691 |
QM: Safe Harbor Verified (V SH) | QM: Safe Harbor Verified (V SH) | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | No | 10430332 | ||||
| XXXX | 3125433 | D | B | D | A | B | B | A | A | Closed | FCOM1301 | 2026-07-23 09:37 | 2026-07-23 09:37 | Waived | 2 - Non-Material | B | B | Compliance | Missing Doc | Home Loan Toolkit is Missing | Waived-The Home Loan
Toolkit disclosure is missing. ------ Originator waiver applied to
non-material Findings. - Due Diligence Vendor-07/23/2026 |
Waived-The Home Loan
Toolkit disclosure is missing. ------ Originator waiver applied to
non-material Findings. - Due Diligence Vendor-07/23/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 43.16 LTV is less than guideline maximum - Required is 75 Borrower has 32.14 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 691 |
QM: Safe Harbor Verified (V SH) | QM: Safe Harbor Verified (V SH) | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | No | 10425315 | ||||
| XXXX | 3127449 | C | A | C | A | A | A | A | A | Closed | FCRE1510 | 2026-07-23 14:14 | 2026-07-27 15:22 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Upon further
review, legal description is within DOT - Due Diligence Vendor-07/27/2026 Ready for Review-Please revisit page 13 of loan file / page 5 of DOT legal is included in DOT, not attached exhibit. Thank you! - Due Diligence Vendor-07/24/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. No legal exhibit attached to DOT (legal exhibits in file were attached to title and purchase agreement). - Due Diligence Vendor-07/23/2026 |
Resolved-Upon further
review, legal description is within DOT - Due Diligence Vendor-07/27/2026 |
On time mortgage history
exceeds guideline requirement - Borrower has 2 mortgages reporting over 12
months history with no late payments. Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 796 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 10433927 | ||||
| XXXX | 3126072 | B | B | A | A | B | B | A | A | Closed | FCOM1124 | 2026-07-23 09:46 | 2026-07-23 12:51 | Waived | 2 - Non-Material | B | B | Compliance | Data | Borrower 1 Final Signature Date is in the future | Waived-Borrower 1 Final Signature Date is greater than the transaction date of XXXX Originator waiver applied to non-material Findings. - Due Diligence Vendor-07/23/2026 | Waived-Borrower 1 Final
Signature Date is greater than the transaction date of XXXX Originator waiver
applied to non-material Findings. - Due Diligence Vendor-07/23/2026 |
Residual Income =/> 1.5
times $XX monthly residual income - Residual Income =/> 1.5 times $XX
monthly residual income - Qualifying residual income = XXXX; minimum required
NONE LTV is less than guideline maximum - Required is 80 Borrower has 62.26 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | No | 10425588 | ||||
| XXXX | 3126720 | C | A | C | A | A | A | A | A | Closed | FCRE0133 | 2026-07-23 11:38 | 2026-07-27 15:06 | Resolved | 1 - Information | C | A | Credit | Eligibility | DSCR loan is not a Business Purpose Loan | Resolved-Received and
reviewed the Business Purpose and Occupancy Affidavit which all state no
intent to use cashout for personal - Due Diligence Vendor-07/27/2026 Ready for Review-07/24/26 - XX: Please see the attached business purpose and occupancy certification confirming the borrower will not be using the loan proceeds for non-business purposes. There were no personal debts that were paid off at closing via the loan proceeds as well. - Due Diligence Vendor-07/24/2026 Open-Lock Confirmation in file reflects "Refi Type" as Cash out/College Education. - Due Diligence Vendor-07/23/2026 |
Resolved-Received and
reviewed the Business Purpose and Occupancy Affidavit which all state no
intent to use cashout for personal - Due Diligence Vendor-07/27/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 700 Borrower has
735 Months Reserves exceed minimum required - Minm 3, Borrower has 61.9 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 10430041 | |||
| XXXX | 3128577 | D | A | D | A | C | A | A | A | Closed | FCRE1198 | 2026-08-17 11:22 | 2026-08-20 17:13 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Rental income is
no longer considered- full housing payment included in DTI for departure
residence. Additional reserves for retained REO not required per G/L as this
transaction is for a primary residence. - Due Diligence Vendor-08/20/2026 Open-Borrower currently short XXXX in reserves. 6 mos reserves required for XXXX $XX + 6 mos reserves for departure residence $XX = $XX. Total Qualified Assets for Reserves Post Close $XX 6 mos of reserves are required for departure residence as rental income is being considered, Brw has less than 2 years property management documented & departing residence LTV is 75.01% to 90% (total outstanding mtg balance is XXXX and XXXX value of home is XXXX). - Due Diligence Vendor-08/17/2026 |
Resolved-Rental income is
no longer considered- full housing payment included in DTI for departure
residence. Additional reserves for retained REO not required per G/L as this
transaction is for a primary residence. - Due Diligence Vendor-08/20/2026 |
Long term residence - Long
Term Residence = 4+ years Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 742 Verified employment history exceeds guidelines - Verified employment history exceeds guidelines – Employed 6+ Years – Minimum = 2 Years |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10849172 | ||||
| XXXX | 3128577 | D | A | D | A | C | A | A | A | Closed | FCRE1506 | 2026-07-27 10:45 | 2026-08-20 17:11 | Resolved | 1 - Information | C | A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-Received
documents for REO 3a, The Final Reviewed QM Status is acceptable or the loan
is a Business Purpose loan. - Due Diligence Vendor-08/11/2026 Ready for Review-UW cert, updated 1003 & 1008, HOA stmt and mtg stmt. - Due Diligence Vendor-08/10/2026 Counter-Upon receipt of clarification for REO 3A, this finding can be cleared - Due Diligence Vendor-07/31/2026 Ready for Review-XXXX report attached - Due Diligence Vendor-07/30/2026 Counter-No documentation was provided. Finding remains. - Due Diligence Vendor-07/30/2026 Ready for Review-Acknowledged - Due Diligence Vendor-07/28/2026 Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. ATR/QM Status Pending: Incomplete housing history, finding added. - Due Diligence Vendor-07/27/2026 |
Resolved-Received documents
for REO 3a, The Final Reviewed QM Status is acceptable or the loan is a
Business Purpose loan. - Due Diligence Vendor-08/11/2026 |
Long term residence - Long
Term Residence = 4+ years Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 742 Verified employment history exceeds guidelines - Verified employment history exceeds guidelines – Employed 6+ Years – Minimum = 2 Years |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10468946 | |||
| XXXX | 3128577 | D | A | D | A | C | A | A | A | Closed | FCRE6910 | 2026-07-27 10:26 | 2026-08-17 11:18 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Citizenship Identification Documentation Missing | Resolved-1008 confirms
loan was underwritten to the XXXX program- Visa not required as valid EAD
card now in file. - Due Diligence Vendor-08/17/2026 Ready for Review-Work Auth attached - Due Diligence Vendor-08/10/2026 Counter-Please provide a copy of the Front and Back of the EAD card. - Due Diligence Vendor-08/06/2026 Ready for Review-Updated URLA attached, It is XXXX and also noted on the 1008. - Due Diligence Vendor-08/04/2026 Counter-No documentation was provided. Finding remains. - Due Diligence Vendor-07/30/2026 Ready for Review-Acknowledged - Due Diligence Vendor-07/28/2026 Open-Borrower 1 Non-US Citizen Identification Document is Missing Borrower Citizenship Documentation Is Missing - Due Diligence Vendor-07/27/2026 |
Resolved-1008 confirms loan
was underwritten to the XXXX program- Visa not required as valid EAD card now
in file. - Due Diligence Vendor-08/17/2026 |
Long term residence - Long
Term Residence = 4+ years Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 742 Verified employment history exceeds guidelines - Verified employment history exceeds guidelines – Employed 6+ Years – Minimum = 2 Years |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10468607 | |||
| XXXX | 3128577 | D | A | D | A | C | A | A | A | Closed | FCRE1182 | 2026-07-27 11:09 | 2026-08-17 10:33 | Resolved | 1 - Information | B | A | Credit | Missing Doc | Approval/Underwriting Summary Not Provided | Resolved-Received 1008 -
Due Diligence Vendor-08/06/2026 Ready for Review-1008 attached - Due Diligence Vendor-08/04/2026 Counter-No documentation was provided. Finding remains. - Due Diligence Vendor-07/30/2026 Ready for Review-Acknowledged - Due Diligence Vendor-07/28/2026 Open-Missing Approval/Underwriting Summary Missing 1008 - Due Diligence Vendor-07/27/2026 |
Resolved-Received 1008 -
Due Diligence Vendor-08/06/2026 |
Long term residence - Long
Term Residence = 4+ years Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 742 Verified employment history exceeds guidelines - Verified employment history exceeds guidelines – Employed 6+ Years – Minimum = 2 Years |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10470147 | |||
| XXXX | 3128577 | D | A | D | A | C | A | A | A | Closed | finding-3634 | 2026-07-24 11:06 | 2026-08-11 13:43 | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-COC received,
finding resolved. - Due Diligence Vendor-08/11/2026 Ready for Review-COC & LPR Cert - Due Diligence Vendor-08/10/2026 Counter-Can response be more detailed? - Due Diligence Vendor-07/29/2026 Ready for Review-Acknowledged - Due Diligence Vendor-07/28/2026 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 XXXX.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). ----- Zero (0%) tolerance fees increased by XXXX (Broker Fee) without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of XXXX, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Remediation options (1) within 60 days of consummation expires XXXX (2) within 60 days of discovery expires XXXX remains EV2B under TILA 130(b) (3) After 60 days of discovery, no cure, Statute of Limitations - 3 Years; Expiration Date: XXXX remains EV3C - Due Diligence Vendor-07/24/2026 |
Resolved-COC received,
finding resolved. - Due Diligence Vendor-08/11/2026 |
Long term residence - Long
Term Residence = 4+ years Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 742 Verified employment history exceeds guidelines - Verified employment history exceeds guidelines – Employed 6+ Years – Minimum = 2 Years |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10450137 | |||
| XXXX | 3128577 | D | A | D | A | C | A | A | A | Closed | FCRE1293 | 2026-07-27 14:36 | 2026-08-11 13:30 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income 2 Months Income Verified is Missing | Resolved-Received HOA
statement, updated REO - Due Diligence Vendor-08/11/2026 Ready for Review-UW cert, updated 1003 & 1008, HOA stmt & Mtg Stmt. - Due Diligence Vendor-08/10/2026 Counter-Received current Mortgage statement for REO 3A, PITI = XXXX - 1003 reflects PITI at XXXX but then has XXXX in taxes/HOI/HOA. Borrower to provide HOA coupon or LOX that this property does not have HOA. Originator to explain what the XXXX is for. Other conditions may apply - Due Diligence Vendor-07/31/2026 Ready for Review-Mortgage stmt attached, need clarification on the missing income portion. - Due Diligence Vendor-07/30/2026 Counter-No documentation was provided. Finding remains. - Due Diligence Vendor-07/30/2026 Ready for Review-Acknowledged - Due Diligence Vendor-07/28/2026 Open-Income 2 Months Income Verified is Missing Property 3a: Provide missing mortgage statement and verification of all escrows. - Due Diligence Vendor-07/27/2026 |
Resolved-Received HOA
statement, updated REO - Due Diligence Vendor-08/11/2026 |
Long term residence - Long
Term Residence = 4+ years Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 742 Verified employment history exceeds guidelines - Verified employment history exceeds guidelines – Employed 6+ Years – Minimum = 2 Years |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10473537 | |||
| XXXX | 3125292 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | |||||||||||||||||||
| XXXX | 3127971 | D | A | D | A | A | A | A | A | Closed | FPRO1255 | 2026-07-24 13:03 | 2026-07-31 15:19 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | HOA Questionnaire Document is Missing | Resolved-Received CPM
approval. - Due Diligence Vendor-07/31/2026 Ready for Review-07/30/26 - XX: FNMA B4-2.1-01, General Information on Project Standards (05/06/2026) states " Projects not meeting the Limited Review Criteria must be reviewed using a Fannie Mae Review through the streamlined PERS Process for established condo projects." Due to the project being established and approved by FNMA, the HOA questionnaire is not required to be obtained. - Due Diligence Vendor-07/30/2026 Counter-Received note from client condo review completed as limited review. Maximum LTV for limited review on investment is 75%. Missing HOA Questionnaire and budget. - Due Diligence Vendor-07/29/2026 Ready for Review-07/28/26 - XX: A limited review was completed on this transaction due to the subject being within an established Condo Project. An HOA questionnaire is not required to be obtained per FNMA B4-2.2-01, Limited Review Process (04/02/2025) - Due Diligence Vendor-07/28/2026 Open-Subject Property is part of an HOA but the HOA Questionnaire Document is Missing. Please provide - Due Diligence Vendor-07/24/2026 |
Resolved-Received CPM
approval. - Due Diligence Vendor-07/31/2026 |
DSCR =/> 1.00 and
minimum is 0.85 or Less - Required is 0 Borrower has 1.05 Required is 0
Borrower has 1.05 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 739 Required is 700 Borrower has 739 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 10453773 | |||
| XXXX | 3126153 | C | A | C | A | A | A | A | A | Closed | FCRE1491 | 2026-07-27 09:49 | 2026-08-05 15:54 | Resolved | 1 - Information | C | A | Credit | Assets | Asset Qualification Does Not Meet Guideline Requirements | Resolved-Received asset
cash flow supporting CPA verification. - Due Diligence Vendor-08/05/2026 Ready for Review-CPA stated there would not be an impact to earnings and therefore, how we got comfortable with the income and assets on the transaction. Cash Flow attached. - Due Diligence Vendor-08/04/2026 Counter-Received business bank statement income analysis. Missing cash flow analysis for the most recent 3 months of business bank statements in file support withdrawal of funs will not adversely impact the operation of business. (Although CPA does address - requirements indicate cash flow analysis is required) - Due Diligence Vendor-07/31/2026 Ready for Review-attached - Due Diligence Vendor-07/30/2026 Counter-No documentation was provided. Finding remains. - Due Diligence Vendor-07/30/2026 Ready for Review-Acknowledged - Due Diligence Vendor-07/28/2026 Open-Asset Qualification Does Not Meet Guideline Requirements Since we are using business bank statements for income, provide cash flow analysis for the most recent 3 months of business bank statements in file support withdrawal of funs will not adversely impact the operation of business. (Although CPA does address - requirements indicate cash flow analysis is required) - Due Diligence Vendor-07/27/2026 |
Resolved-Received asset
cash flow supporting CPA verification. - Due Diligence Vendor-08/05/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 680 Borrower has
784 Qualifying DTI below maximum allowed - Required is 50 Borrower has 18.66 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10467861 | |||
| XXXX | 3129048 | D | A | D | A | A | A | A | A | Closed | FCRE1254 | 2026-07-27 09:30 | 2026-08-12 17:38 | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Received
reconveyance - Due Diligence Vendor-08/12/2026 Ready for Review-08/11 MWM: please see the attached full reconveyance of the subject property liens that covers each unit. With the current information, we have confirmation that the full lien from XXXX will be paid off from each lien. - Due Diligence Vendor-08/11/2026 Counter-Received duplicate Title. Missing proof of release of lien. Finding remains. - Due Diligence Vendor-08/10/2026 Ready for Review-8/7 SW-see attached - Due Diligence Vendor-08/07/2026 Counter-Pending receipt of full reconveyance or Final Title. - Due Diligence Vendor-08/05/2026 Ready for Review-08/3 MWM: please see the attached payment to support the release of the mortgage on the subject property. I've attached the wire information that confirms the liability is being paid. - Due Diligence Vendor-08/03/2026 Counter-Received the VOM and Closing disclosure. Need proof of partial lien release or full lien release. - Due Diligence Vendor-07/29/2026 Ready for Review-07/28 MWM: please note that each unit is currently being refinanced into a singular loan for each unit. I've attached the updated CD and the verification of mortgage that confirms the units are being paid. With each transaction paying off a portion of the loan and all loans were recently refinanced, the full mortgage that's currently on the property is being paid. - Due Diligence Vendor-07/28/2026 Open-Property Title Issue Missing proof of full release of mortgage/deed of trust on paid off lien for the subject property is required as paid off lien secures multiple properties (blanket mortgage) - Due Diligence Vendor-07/27/2026 |
Resolved-Received
reconveyance - Due Diligence Vendor-08/12/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 700 Borrower has
778 Months Reserves exceed minimum required - 3 months required 16.8 verified |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 10467466 | |||
| XXXX | 3129048 | D | A | D | A | A | A | A | A | Closed | FCRE1173 | 2026-07-27 10:10 | 2026-07-31 14:57 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Condo Master Insurance Policy is Missing | Resolved-Condo Master
Insurance Policy is fully present - Due Diligence Vendor-07/31/2026 Ready for Review-07/30 MWM: please see the attached insurance. The insurance confirms the total premium of XXXX and each unit has a total annual premium of XXXX. With these documented, we have the breakdown. Additionally, please see the master insurance policy. the dwelling coverage is listed that confirms XXXX per unit broken out for dwelling. The replacement cost also lists XXXX. With the dwelling coverage at XXXX and the replacement cost of XXXX we are within the allowable guidelines for coverage. Additionally, with confirmation that the insurance is insured to replacement cost at least, the dwelling coverage breakdown is not required as the replacement cost is covered according to the Fannie Mae lender letter dated 03/2026. - Due Diligence Vendor-07/30/2026 Counter-Received condo master policy. Need clarification on the coverage for the units and clarification if the XXXX is included in the premium (liability not required). - Due Diligence Vendor-07/29/2026 Ready for Review-07/28 MWM: please see the attached master policy to support the subject property insurance - Due Diligence Vendor-07/28/2026 Open-Missing Condo Master Insurance Policy The master policy was not identified in the file. The amount of liability coverage must be at least XXXX for bodily injury and property damage for any single occurrence - Due Diligence Vendor-07/27/2026 |
Resolved-Condo Master
Insurance Policy is fully present - Due Diligence Vendor-07/31/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 700 Borrower has
778 Months Reserves exceed minimum required - 3 months required 16.8 verified |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 10468303 | |||
| XXXX | 3129048 | D | A | D | A | A | A | A | A | Closed | FCRE9996 | 2026-07-27 13:43 | 2026-07-29 15:34 | Resolved | 1 - Information | C | A | Credit | Eligibility | Condo does not meet requirements | Resolved-Received
confirmation utilizing revised FNMA condo warrantability. Subject meets
expansion review waiver of 5-10 units. As of FNMA LL-2026-03. - Due Diligence
Vendor-07/29/2026 Ready for Review-07/28 MWM: please see the attached documentation. Please note that per the updated Fannie Mae Lender letter, condo projects that are between 2-10 units are exempt from a standard condo review and the condo guidelines. I've attached the updated expansion and based on the new guidelines the current project is exempt from review. With the current information supporting the subject is exempt from review, we are within the allowable guidelines. - Due Diligence Vendor-07/28/2026 Open-Guides allow up to 50% ownership in a project, borrower owns 100% of the units. - Due Diligence Vendor-07/27/2026 |
Resolved-Received
confirmation utilizing revised XXXX condo warrantability. Subject meets
expansion review waiver of 5-10 units. As of XXXX LL-XXXX. - Due Diligence
Vendor-07/29/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 700 Borrower has
778 Months Reserves exceed minimum required - 3 months required 16.8 verified |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 10472713 | |||
| XXXX | 3129048 | D | A | D | A | A | A | A | A | Closed | FCRE1510 | 2026-07-27 08:54 | 2026-07-29 14:53 | 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. stips - Due Diligence
Vendor-07/29/2026 Ready for Review-07/28 MWM: please see the attached deed of trust with the included legal description. - Due Diligence Vendor-07/28/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Legal is not attached to mortgage. - Due Diligence Vendor-07/27/2026 |
Resolved-Received complete
security instrument inclusive of legal description. stips - Due Diligence
Vendor-07/29/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 700 Borrower has
778 Months Reserves exceed minimum required - 3 months required 16.8 verified |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 10466803 | |||
| XXXX | 3126966 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | |||||||||||||||||||
| XXXX | 3125586 | C | A | C | A | C | A | A | A | Closed | FCRE1440 | 2026-07-27 19:29 | 2026-09-09 12:49 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-The rental
payment history was provided within the QM finding. - Due Diligence Vendor-09/09/2026 Counter-No documentation was provided. Finding remains. - Due Diligence Vendor-07/30/2026 Ready for Review-Acknowledged - Due Diligence Vendor-07/28/2026 Open-Housing History Does Not Meet Guideline Requirements Missing VOR pay-history. Borr renting at time of application, copy of lease was provided, 12mos rents not documented. Per guides XXXX: rental housing payment history for the most recent 12 months is required, documented institutional VOR, canceled checks front/back, or bank statements and signed lease. - Due Diligence Vendor-07/27/2026 |
Resolved-The rental payment
history was provided within the QM finding.
- Due Diligence Vendor-09/09/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 680 Borrower has
773 Qualifying DTI below maximum allowed - Required is 50 Borrower has 34.15 |
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 | 10480020 | ||||
| XXXX | 3125586 | C | A | C | A | C | A | A | A | Closed | FCRE1506 | 2026-07-27 19:55 | 2026-09-09 12:48 | Resolved | 1 - Information | C | A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-The rental
payment history was provided. - Due Diligence Vendor-09/09/2026 Ready for Review-9/8 MM: Please see attached rental payments. - Due Diligence Vendor-09/08/2026 Counter-Internal item. Pending receipt of acceptable VOR - Due Diligence Vendor-09/03/2026 Ready for Review-AV 9/2 Disagree - Please note that the Fannie Mae points and fees also known as QM test does not apply to this product type (bank statement) as it is a non-agency loan. - Due Diligence Vendor-09/02/2026 Counter-No documentation was provided. Finding remains. - Due Diligence Vendor-07/30/2026 Ready for Review-Acknowledged - Due Diligence Vendor-07/28/2026 Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Missing VOR. - Due Diligence Vendor-07/27/2026 |
Resolved-The rental payment
history was provided. - Due Diligence Vendor-09/09/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 680 Borrower has
773 Qualifying DTI below maximum allowed - Required is 50 Borrower has 34.15 |
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 | 10480560 | |||
| XXXX | 3125586 | C | A | C | A | C | A | A | A | Closed | finding-4038 | 2026-07-27 08:20 | 2026-07-31 10:50 | Resolved | 1 - Information | A | A | Compliance | ComplianceEase | Qualified Mortgage Lending Policy Points and Fees Test | Resolved-Non QM - Due
Diligence Vendor-07/31/2026 Ready for Review-AV 7/30 Disagree - Please note that the Fannie Mae points and fees also known as QM test does not apply to this product type (bank statement) as it is a non-agency loan. - Due Diligence Vendor-07/30/2026 Rescinded------Non Qm - Due Diligence Vendor-07/27/2026 |
Resolved-Non QM - Due
Diligence Vendor-07/31/2026 Rescinded------Non Qm - Due Diligence Vendor-07/27/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 680 Borrower has
773 Qualifying DTI below maximum allowed - Required is 50 Borrower has 34.15 |
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 | 10466473 | ||||
| XXXX | 3125586 | C | A | C | A | C | A | A | A | Closed | finding-3441 | 2026-07-27 08:20 | 2026-07-31 10:50 | Resolved | 1 - Information | A | A | Compliance | Points & Fees | GSE (Freddie Mac public guidelines) QM Points and Fees Test | Resolved-Non QM - Due
Diligence Vendor-07/31/2026 Ready for Review-AV 7/30 Disagree - Please note that the Fannie Mae points and fees also known as QM test does not apply to this product type (bank statement) as it is a non-agency loan. - Due Diligence Vendor-07/30/2026 Rescinded------Non Qm - Due Diligence Vendor-07/27/2026 |
Resolved-Non QM - Due
Diligence Vendor-07/31/2026 Rescinded------Non Qm - Due Diligence Vendor-07/27/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 680 Borrower has
773 Qualifying DTI below maximum allowed - Required is 50 Borrower has 34.15 |
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 | 10466474 | ||||
| XXXX | 3125586 | C | A | C | A | C | A | A | A | Closed | finding-3436 | 2026-07-27 08:20 | 2026-07-31 10:50 | Resolved | 1 - Information | A | A | Compliance | Points & Fees | GSE (Fannie Mae public guidelines) QM Points and Fees Test | Resolved-Non QM - Due
Diligence Vendor-07/31/2026 Ready for Review-AV 7/30 Disagree - Please note that the Fannie Mae points and fees also known as QM test does not apply to this product type (bank statement) as it is a non-agency loan. - Due Diligence Vendor-07/30/2026 Rescinded------Non Qm - Due Diligence Vendor-07/27/2026 |
Resolved-Non QM - Due
Diligence Vendor-07/31/2026 Rescinded------Non Qm - Due Diligence Vendor-07/27/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 680 Borrower has
773 Qualifying DTI below maximum allowed - Required is 50 Borrower has 34.15 |
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 | 10466475 | ||||
| XXXX | 3125586 | C | A | C | A | C | A | A | A | Closed | finding-3634 | 2026-07-27 08:20 | 2026-07-29 15:12 | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Received COC and
CD XXXX for lock extension. Finding Resolved. - Due Diligence
Vendor-07/29/2026 Ready for Review-AV 7/29 A Rate change took place on 7.6 taking the rate from 7.345% to 7.397% Due to this there was an adjustment to the pricing for the rate from 02851% or $XX to 0.435% or $XX. On 7.6 a Closing disclosure went out to the borrower to redisclose. Please see attached Closing disclosures, rate lock confirmation forms, and Change of Circumstance form. - Due Diligence Vendor-07/29/2026 Counter-Can response be more detailed? - Due Diligence Vendor-07/29/2026 Ready for Review-Acknowledged - Due Diligence Vendor-07/28/2026 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 XXXX.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). -------Zero (0%) tolerance fees increased by XXXX (Discount points) without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of XXXX, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Remediation options (1) within 60 days of consummation expires XXXX (2) within 60 days of discovery expires XXXX remains EV2B under TILA 130(b) (3) After 60 days of discovery, no cure, Statute of Limitations - 3 Years; Expiration Date: XXXX remains EV3C - Due Diligence Vendor-07/27/2026 |
Resolved-Received COC and
CD XXXX for lock extension. Finding Resolved. - Due Diligence
Vendor-07/29/2026 |
Qualifying FICO score is at
least 20 points above minimum for program - Required is 680 Borrower has
773 Qualifying DTI below maximum allowed - Required is 50 Borrower has 34.15 |
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 | 10466470 | |||
| XXXX | 3127809 | D | B | D | A | C | B | A | A | Closed | finding-3634 | 2026-07-28 13:33 | 2026-08-07 14:21 | Cured | 2 - Non-Material | C | B | Compliance | TRID | Charges That Cannot Increase Test | Cured-Received copy of
check and shipping label. Finding is cured. - Due Diligence Vendor-08/07/2026
Ready for Review-Copy of refund check & shipping label. PCCD & LOE to the borrower was provided on - Due Diligence Vendor-08/07/2026 Counter-Received CD XXXX and LOE. Need copy of Check and Shipping Label. - Due Diligence Vendor-08/04/2026 Ready for Review-PCCD & LOE to the brw attached, the refund has been requested and will provide the copy of check once received. - Due Diligence Vendor-08/04/2026 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 XXXX.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). ----- Zero (0%) tolerance fees increased by XXXX (Transfer Taxes) without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of XXXX, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Remediation options (1) within 60 days of consummation expires XXXX (2) within 60 days of discovery expires XXXX remains EV2B under TILA 130(b) (3) After 60 days of discovery, no cure, Statute of Limitations - 3 Years; Expiration Date: XXXX remains EV3C - Due Diligence Vendor-07/28/2026 |
Cured-Received copy of
check and shipping label. Finding is cured. - Due Diligence
Vendor-08/07/2026 |
Verified employment history
exceeds guidelines - Borrower has been self-employed for 10 years Long term residence - Borrower has been at current residence for 5+ years |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10495634 | |||
| XXXX | 3127809 | D | B | D | A | C | B | A | A | Closed | FCRE1325 | 2026-07-29 10:36 | 2026-08-04 12:45 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 CPA Letter Missing | Resolved-Received CPA
letter and CPA verification. - Due Diligence Vendor-08/04/2026 Ready for Review-CPA Ltr and license verified on pg 2. - Due Diligence Vendor-07/31/2026 Open-Borrower 1 CPA Letter Missing Lender to verify CPA license number (as document in file does not reflect this). - Due Diligence Vendor-07/29/2026 |
Resolved-Received CPA
letter and CPA verification. - Due Diligence Vendor-08/04/2026 |
Verified employment history
exceeds guidelines - Borrower has been self-employed for 10 years Long term residence - Borrower has been at current residence for 5+ years |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10512606 | |||
| XXXX | 3126057 | C | B | A | A | C | B | A | A | Closed | finding-3634 | 2026-07-28 14:43 | 2026-08-20 11:29 | Cured | 2 - Non-Material | C | B | Compliance | TRID | Charges That Cannot Increase Test | Cured------Received PCCD
XXXX with copy of letter, check and shipping Label. Finding is Cured. - Due Diligence Vendor-08/20/2026 Ready for Review-Cure Packet - Due Diligence Vendor-08/19/2026 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 XXXX.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). ------ Zero (0%) tolerance fees increased by XXXX (Credit Report Fee & Flood Certification ) without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of XXXX, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Remediation options (1) within 60 days of consummation expires XXXX (2) within 60 days of discovery expires XXXX remains EV2B under TILA 130(b) (3) After 60 days of discovery, no cure, Statute of Limitations - 3 Years; Expiration Date:XXXX remains EV3C - Due Diligence Vendor-07/28/2026 |
Cured------Received PCCD
XXXX with copy of letter, check and shipping Label. Finding is Cured. - Due Diligence Vendor-08/20/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 29.64 Months Reserves exceed minimum required - Months reserves required is 3; qualifying reserves is 64.32 months. |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10497728 | |||
| XXXX | 3125199 | C | A | C | A | C | A | A | A | Closed | finding-3634 | 2026-07-28 11:58 | 2026-08-12 09:35 | Resolved | 1 - Information | A | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Upon further
review, no additional documentation
required. - Due Diligence Vendor-08/12/2026 Ready for Review-Please see previous upload Per our fee variance no tolerance cure is required & I have also attached out XX report this is HPML loan - Due Diligence Vendor-08/12/2026 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 XXXX.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 to rounding - Due Diligence Vendor-08/12/2026 |
Resolved-Upon further
review, no additional documentation
required. - Due Diligence Vendor-08/12/2026 |
On time mortgage history
exceeds guideline requirement - 0x30x12 in the past 68 months Qualifying FICO score is at least 20 points above minimum for program - Mid FICO 699 is higher than the required 640 Required is 640 Borrower has 699 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 640 Borrower has 699 Guideline: LTV is less than guideline maximum - Required is 85 Borrower has 80 |
QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10492097 | ||||
| XXXX | 3125199 | C | A | C | A | C | A | A | A | Closed | FCRE1193 | 2026-07-29 09:20 | 2026-08-07 14:03 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Resolved-Received XXXX
documentation/sale contract. Audited
DTI of 49.83% is less than or equal to Guideline DTI of 50.49% - Due
Diligence Vendor-08/07/2026 Ready for Review-Please see attached - Due Diligence Vendor-08/06/2026 Counter-Please provide The XXXX Contract as it was not located in the loan file. Additional Finding may apply. - Due Diligence Vendor-08/06/2026 Ready for Review-The XX contract will purchase the departing residence from the borrower. PITIA wasn't counted against the borrower. Please revisite - Due Diligence Vendor-08/04/2026 Open-Audited DTI of 60.41% exceeds Guideline DTI of 50.49% DTI exceeds the 50% rule since the lender didn't address the REO that is being added towards the borrowers DTI. - Due Diligence Vendor-07/29/2026 |
Resolved-Received XXXX
documentation/sale contract. Audited
DTI of 49.83% is less than or equal to Guideline DTI of 50.49% - Due
Diligence Vendor-08/07/2026 |
On time mortgage history
exceeds guideline requirement - 0x30x12 in the past 68 months Qualifying FICO score is at least 20 points above minimum for program - Mid FICO 699 is higher than the required 640 Required is 640 Borrower has 699 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 640 Borrower has 699 Guideline: LTV is less than guideline maximum - Required is 85 Borrower has 80 |
XXXX | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10510938 | |||
| XXXX | 3125199 | C | A | C | A | C | A | A | A | Closed | FCRE1198 | 2026-07-29 09:20 | 2026-08-07 14:03 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Received
confirmation of sufficient reserves.
- Due Diligence Vendor-07/31/2026 Ready for Review-See attached bridge loan docs - Due Diligence Vendor-07/30/2026 Open-Audited Reserves of month(s) are less than Guideline Required Reserves of 3 month(s) Missing further assets to cover the 3 months revers since there are no other assets and per letter there was not a bridge loan done. - Due Diligence Vendor-07/29/2026 |
Resolved-Received
confirmation of sufficient reserves.
- Due Diligence Vendor-07/31/2026 |
On time mortgage history
exceeds guideline requirement - 0x30x12 in the past 68 months Qualifying FICO score is at least 20 points above minimum for program - Mid FICO 699 is higher than the required 640 Required is 640 Borrower has 699 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 640 Borrower has 699 Guideline: LTV is less than guideline maximum - Required is 85 Borrower has 80 |
XXXX | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10510939 | |||
| XXXX | 3125199 | C | A | C | A | C | A | A | A | Closed | FCRE1506 | 2026-07-29 09:15 | 2026-08-07 13:59 | Resolved | 1 - Information | C | A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-DTI finding has
been resolved. - Due Diligence Vendor-08/07/2026 Ready for Review-See contract that was previously provided - Due Diligence Vendor-08/06/2026 Counter-Pending receipt of evidence the departing residence has sold. - Due Diligence Vendor-08/06/2026 Ready for Review-The XXXX contract will purchase the departing residence from the borrower. PITIA wasn't counted against the borrower. Please revisite - Due Diligence Vendor-08/04/2026 Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. DTI exceeds the 50% rule since the lender didn't address the REO that is being added towards the borrowers DTI. - Due Diligence Vendor-07/29/2026 |
Resolved-DTI finding has
been resolved. - Due Diligence Vendor-08/07/2026 |
On time mortgage history
exceeds guideline requirement - 0x30x12 in the past 68 months Qualifying FICO score is at least 20 points above minimum for program - Mid FICO 699 is higher than the required 640 Required is 640 Borrower has 699 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 640 Borrower has 699 Guideline: LTV is less than guideline maximum - Required is 85 Borrower has 80 |
QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10510818 | ||||
| XXXX | 3125199 | C | A | C | A | C | A | A | A | Closed | FCRE9501 | 2026-07-29 08:59 | 2026-07-31 15:50 | Resolved | 1 - Information | C | A | Credit | Assets | Total Qualified Assets Post-Close is Less than $0 | Resolved-Received bridge
loan documentation reflecting sufficient funds for closing. - Due Diligence Vendor-07/31/2026 Ready for Review-See previous uploaded Bridge loan docs provided - Due Diligence Vendor-07/30/2026 Open-Total Qualified Assets Post-Close amount is 'XXXX'. Assets are Insufficient. Missing the required assets to cover the 3 months reserves. Missing source of additional deposits on PCCD XXXX. - Due Diligence Vendor-07/29/2026 |
Resolved-Received bridge
loan documentation reflecting sufficient funds for closing. - Due Diligence Vendor-07/31/2026 |
On time mortgage history
exceeds guideline requirement - 0x30x12 in the past 68 months Qualifying FICO score is at least 20 points above minimum for program - Mid FICO 699 is higher than the required 640 Required is 640 Borrower has 699 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 640 Borrower has 699 Guideline: LTV is less than guideline maximum - Required is 85 Borrower has 80 |
QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10510575 | ||||
| XXXX | 3125199 | C | A | C | A | C | A | A | A | Closed | finding-3352 | 2026-07-28 11:58 | 2026-07-30 13:34 | Resolved | 1 - Information | C | A | Compliance | Points & Fees | Higher-Priced Mortgage Loan Test | Resolved-Loan contains
full appraisal and escrows, meeting HPML compliance. - Due Diligence
Vendor-07/30/2026 Open-This loan failed the higher-priced mortgage loan test. ( 12 CFR § 1026.35(a)(1) )Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. - Due Diligence Vendor-07/28/2026 |
Resolved-Loan contains full
appraisal and escrows, meeting HPML compliance. - Due Diligence
Vendor-07/30/2026 |
On time mortgage history
exceeds guideline requirement - 0x30x12 in the past 68 months Qualifying FICO score is at least 20 points above minimum for program - Mid FICO 699 is higher than the required 640 Required is 640 Borrower has 699 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 640 Borrower has 699 Guideline: LTV is less than guideline maximum - Required is 85 Borrower has 80 |
QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10492100 | ||||
| XXXX | 3125199 | C | A | C | A | C | A | A | A | Closed | finding-3625 | 2026-07-28 15:18 | 2026-07-30 13:13 | Resolved | 1 - Information | C | A | Compliance | TRID | TRID "Section B. Services You Cannot Shop For / Services Borrower Did Not Shop For" Validation Test | Resolved-Received PCCD
XXXX correcting payee in Section B. Finding Resolved. - Due Diligence
Vendor-07/30/2026 Ready for Review-See attached - Due Diligence Vendor-07/29/2026 Open-This loan failed the TRID "Section B. Services You Cannot Shop For / Services Borrower Did Not Shop For" validation test.This loan contains a fee or fees where "compensation to" is set to the lender or broker but this fee or fees should not be retained by the lender or broker."Section B. Services You Cannot Shop For / Services Borrower Did Not Shop For" should contain an itemization of each amount, and a subtotal of all such amounts, the consumer will pay for settlement services for which the consumer cannot shop in accordance with Regulation Z and that are provided by persons other than the creditor or mortgage broker. -----(Tax Services) in section B is payable to Lender/Broker however, fees paid to Lender or Broker must be in section A. If the fee is to remain in section B, it must state FBO (for the benefit of) to said Vendor. Provide a post close CD with correction within 60 days of discovery date. Statute of Limitations - 1 year, expiration date XXXX. - Due Diligence Vendor-07/28/2026 |
Resolved-Received PCCD XXXX
correcting payee in Section B. Finding Resolved. - Due Diligence
Vendor-07/30/2026 |
On time mortgage history
exceeds guideline requirement - 0x30x12 in the past 68 months Qualifying FICO score is at least 20 points above minimum for program - Mid FICO 699 is higher than the required 640 Required is 640 Borrower has 699 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 640 Borrower has 699 Guideline: LTV is less than guideline maximum - Required is 85 Borrower has 80 |
XXXX | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10498467 | |||
| XXXX | 3125199 | C | A | C | A | C | A | A | A | Closed | FCOM0014 | 2026-07-28 15:03 | 2026-07-30 13:07 | Resolved | 1 - Information | C | A | Compliance | Closing | Missing evidence appraisal delivered to borrower a minimum of 3 days prior to closing | Resolved-Received
notification of value sent. Finding Resolved. - Due Diligence
Vendor-07/30/2026 Ready for Review-See email to borrower sent to borrower on 7/15 - Due Diligence Vendor-07/29/2026 Open-Missing evidence of appraisal being received 3 or more days prior to closing was not met. Please provide evidence of appraisal being received 3 or more days prior to closing. - Due Diligence Vendor-07/28/2026 |
Resolved-Received
notification of value sent. Finding Resolved. - Due Diligence
Vendor-07/30/2026 |
On time mortgage history
exceeds guideline requirement - 0x30x12 in the past 68 months Qualifying FICO score is at least 20 points above minimum for program - Mid FICO 699 is higher than the required 640 Required is 640 Borrower has 699 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 640 Borrower has 699 Guideline: LTV is less than guideline maximum - Required is 85 Borrower has 80 |
XXXX | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10498188 | |||
| XXXX | 3128379 | D | A | D | A | A | A | A | A | Closed | FCRE5782 | 2026-07-31 10:41 | 2026-08-04 13:55 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Borrower 1 Gap
Credit Report is not missing. - Due Diligence Vendor-08/04/2026 Ready for Review-Please see Credit Lookback - Due Diligence Vendor-08/03/2026 Open-Borrower 1 Gap Credit Report is Missing Provide Gap Credit or UDM Report dated within 10 days of closing date - Due Diligence Vendor-07/31/2026 |
Resolved-Borrower 1 Gap
Credit Report is not missing. - Due Diligence Vendor-08/04/2026 |
Guideline Qualifying DTI
below maximum allowed - Required is 50 Borrower has 24.97 Guideline LTV is less than guideline maximum - Required is 80 Borrower has 70 Guideline Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 682 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10561292 | |||
| XXXX | 3126864 | 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 | |||||||||||||||||||
| XXXX | 3126792 | C | A | C | A | A | A | A | A | Closed | FCRE1159 | 2026-07-31 12:38 | 2026-08-11 12:15 | Resolved | 1 - Information | C | A | Credit | Insurance | Hazard Insurance Effective Date is after the Note Date | Resolved-PCCD included,
loan did not disburse until XXXX, HOI effective date is sufficient - Due
Diligence Vendor-08/11/2026 Ready for Review-FSS And PCCD for Disbursement date XXXX - Due Diligence Vendor-08/10/2026 Open-Hazard Insurance Effective Date of XXXX is after the Note Date of XXXX Subject Property: Provide Hazard Insurance statement with Effective Dates prior to or on Note date of XXXX - Due Diligence Vendor-07/31/2026 |
Resolved-PCCD included,
loan did not disburse until XXXX, HOI effective date is sufficient - Due
Diligence Vendor-08/11/2026 |
Guideline Qualifying DTI
below maximum allowed - Required is 50 Borrower has 39.59 Guideline LTV is less than guideline maximum - Required is 85 Borrower has 72 Guideline Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 804 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10564317 | |||
| XXXX | 3127161 | C | A | C | A | C | A | A | A | Closed | finding-3939 | 2026-07-30 10:19 | 2026-08-06 15:53 | Resolved | 1 - Information | C | A | Compliance | ComplianceEase | TRID Rate Lock Disclosure Delivery Date Test | Resolved-Received LE XXXX.
Finding Resolved. - Due Diligence Vendor-08/06/2026 Ready for Review-Lock LE - Due Diligence Vendor-08/06/2026 Open-This loan failed the TRID Rate Lock Disclosure Delivery Date Test. (12 CFR §1026.19(e)(3)(iv)(D))A disclosure advising of the revised interest rate, points, lender credits, and any other interest rate dependent charges and terms was not provided to the borrower within three business days after the interest rate was locked on XXXX. -----Disclosure advising borrower of revised interest rate and any interest rate dependent charges was not delivered within three business days after the interest rate was locked. Statute of Limitations - 3 Years, expiration date XXXX. - Due Diligence Vendor-07/30/2026 |
Resolved-Received LE XXXX.
Finding Resolved. - Due Diligence Vendor-08/06/2026 |
Guideline LTV is less than
guideline maximum - Required is 90 Borrower has 85 Guideline Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 759 Guideline Qualifying DTI below maximum allowed - Required is 50 Borrower has 20.26 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 10535792 | |||
| XXXX | 3127161 | C | A | C | A | C | A | A | A | Closed | FCRE6844 | 2026-07-31 17:43 | 2026-08-04 14:01 | Resolved | 1 - Information | C | A | Credit | Assets | Gift Funds General | Resolved-Gift funds are
reflected on the final CD and the XXXX statement in the amount of XXXX and
provides Donor Name - Due Diligence Vendor-08/04/2026 Ready for Review-Please see the Final Settlement Statement. FSS shows the gift received as a credit in the debit column. - Due Diligence Vendor-08/03/2026 Open-Provide copy of the incoming wire transfer to escrow/title, verifying receipt of XXXX gift funds as noted by gift letter in file. Final CD shows these funds as a negative pay-off on last page of the closing disclosure. Additional conditions may apply, as audit included the funds towards closing. - Due Diligence Vendor-07/31/2026 |
Resolved-Gift funds are
reflected on the final CD and the XXXX statement in the amount of XXXX and
provides Donor Name - Due Diligence Vendor-08/04/2026 |
Guideline LTV is less than
guideline maximum - Required is 90 Borrower has 85 Guideline Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 759 Guideline Qualifying DTI below maximum allowed - Required is 50 Borrower has 20.26 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 10571163 | ||||
| XXXX | 3130200 | C | A | C | A | A | A | A | A | Closed | FCRE1510 | 2026-07-31 13:31 | 2026-08-06 17:02 | 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-08/06/2026 Ready for Review-8/5 RF please see attached - Due Diligence Vendor-08/05/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing attached Exhibit A Legal Description - Due Diligence Vendor-07/31/2026 |
Resolved-Received complete
security instrument inclusive of legal description. - Due Diligence
Vendor-08/06/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 680
Borrower has 771 Months Reserves exceed minimum required - Month Reserves Required 6 months; Reserves Verified 20 months. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 10566070 | |||
| XXXX | 3125355 | 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 | Second Home | Purchase | NA | |||||||||||||||||||
| XXXX | 3128124 | D | B | D | A | C | B | A | A | Closed | FCRE1325 | 2026-08-04 11:05 | 2026-09-11 16:13 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 CPA Letter Missing | Resolved-Received CPA
letter reflecting 2026 completion date.
- Due Diligence Vendor-09/11/2026 Ready for Review-CPA letter - Due Diligence Vendor-09/10/2026 Open-Borrower 1 CPA Letter Missing Date on the CPA letter has the incorrect year - Due Diligence Vendor-08/04/2026 |
Resolved-Received CPA
letter reflecting 2026 completion date.
- Due Diligence Vendor-09/11/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 700
Borrower has 758 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 30.45 |
XXXX | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10617104 | |||
| XXXX | 3128124 | D | B | D | A | C | B | A | A | Closed | finding-3634 | 2026-07-31 11:49 | 2026-08-21 11:19 | Cured | 2 - Non-Material | C | B | Compliance | TRID | Charges That Cannot Increase Test | Cured------Received PCCD
XXXX with copy of letter, check and shipping Label. Finding is Cured. - Due Diligence Vendor-08/21/2026 Ready for Review-Cure Packet - Due Diligence Vendor-08/20/2026 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 XXXX.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). -----Zero (0%) tolerance fees increased by XXXX (Appraisal Review Fee and Flood Certification - Single Charge or Life of Loan) without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of XXXX, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Remediation options (1) within 60 days of consummation expires XXXX (2) within 60 days of discovery expires XXXX remains EV2B under TILA 130(b) (3) After 60 days of discovery, no cure, Statute of Limitations - 3 Years; Expiration Date: XXXX remains EV3C. The $0.25 is due to Rounding for Credit Report - Due Diligence Vendor-07/31/2026 |
Cured------Received PCCD
XXXX with copy of letter, check and shipping Label. Finding is Cured. - Due Diligence Vendor-08/21/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 700
Borrower has 758 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 30.45 |
XXXX | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10563434 | |||
| XXXX | 3128124 | D | B | D | A | C | B | A | A | Closed | finding-3352 | 2026-07-31 11:49 | 2026-08-21 11:19 | Resolved | 1 - Information | C | A | Compliance | Points & Fees | Higher-Priced Mortgage Loan Test | Resolved-Loan contains
full appraisal and escrows, meeting HPML compliance. - Due Diligence
Vendor-08/04/2026 Open-This loan failed the higher-priced mortgage loan test. ( 12 CFR § 1026.35(a)(1) )Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. - Due Diligence Vendor-07/31/2026 |
Resolved-Loan contains full
appraisal and escrows, meeting HPML compliance. - Due Diligence
Vendor-08/04/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 700
Borrower has 758 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 30.45 |
QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10563437 | ||||
| XXXX | 3128631 | D | A | D | A | C | A | A | A | Closed | finding-3634 | 2026-07-31 12:54 | 2026-08-13 14:23 | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-$XX variance is
due to LE rounding. Correct fee amount of comparison is XXXX. $XX
reimbursement at close is sufficient. - Due Diligence Vendor-08/13/2026 Ready for Review-AV 8/10 Please see the attached reflecting the baseline amount of the fee, per TILA Comment 1029.19(e)(3)(i)-7 the tolerance calculation should be using the unrounded LE numbers instead of the rounded LE numbers - Due Diligence Vendor-08/10/2026 Counter-the initial LE shows a Credit report fee of $XX, the Final CD shows a credit report fee of $XX. The difference is $XX. - Due Diligence Vendor-08/07/2026 Ready for Review-AV 8/6 Disagree Credit Report Fees was disclosed at $XX updated fee was at $XX Tolerance should only be $XX - Due Diligence Vendor-08/06/2026 Counter-The cure on the Final CD was for $XX, the Credit report increased by $XX. The correct finding is as follows: - Zero (0%) tolerance fees increased by $XX (Credit Report Fee) without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of $XX, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Remediation options (1) within 60 days of consummation expires XXXX (2) within 60 days of discovery expires XXXX remains EV2B under TILA 130(b) (3) After 60 days of discovery, no cure, Statute of Limitations - 3 Years; Expiration Date: XXXX remains EV3C. There was a lender cure for $XX which was not enough to cure finding. - Due Diligence Vendor-08/06/2026 Ready for Review-AV 8/5 Please see the attached Final Closing Disclosure and Tolerance Cure breakdown which shows the borrower was provided a credit at closing for the increase in the Credit Report. - Due Diligence Vendor-08/06/2026 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 $6.04.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). ----- Zero (0%) tolerance fees increased by $XX (Credit Report Fee) without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of $XX, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Remediation options (1) within 60 days of consummation expires XXXX (2) within 60 days of discovery expires XXXX remains EV2B under TILA 130(b) (3) After 60 days of discovery, no cure, Statute of Limitations - 3 Years; Expiration Date: XXXX remains EV3C - Due Diligence Vendor-07/31/2026 |
Resolved-$0.42 variance is
due to LE rounding. Correct fee amount of comparison is XXXX. $5.62
reimbursement at close is sufficient. - Due Diligence Vendor-08/13/2026 |
Guideline: LTV is less than
guideline maximum - Required is 85 Borrower has 80 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 712 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 19.47 |
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 | 10564821 | |||
| XXXX | 3128631 | D | A | D | A | C | A | A | A | Closed | FCRE5782 | 2026-08-03 16:40 | 2026-08-07 12:18 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Upon further
review, per GL gap credit is not required. - Due Diligence Vendor-08/07/2026
Ready for Review-08/05/26 - XX: The credit report dated XXXX has not expired. A gap credit report is not required - Due Diligence Vendor-08/05/2026 Open-Borrower 1 Gap Credit Report is Missing - Due Diligence Vendor-08/03/2026 |
Resolved-Upon further
review, per GL gap credit is not required. - Due Diligence
Vendor-08/07/2026 |
Guideline: LTV is less than
guideline maximum - Required is 85 Borrower has 80 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 712 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 19.47 |
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 | 10603894 | ||||
| XXXX | 3129243 | C | B | C | B | A | A | A | A | Closed | FCRE9996 | 2026-08-04 02:03 | 2026-08-04 13:35 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Condo does not meet requirements | Waived-Originator
exception granted, waiver applied with comp factors. Deemed non-material as
client will allow - Due Diligence Vendor-08/04/2026 Open-Lender Exception approval in file for Non-Warrantable Condominium: unfinished critical repairs -failed fire inspection, battery for an exit sign is final item needed to clear fire inspection. - Due Diligence Vendor-08/04/2026 |
Waived-Originator exception
granted, waiver applied with comp factors. Deemed non-material as client will
allow - Due Diligence Vendor-08/04/2026 |
Qualifying DTI below
maximum allowed - 39.82% DTI below max allowed of 50% Months Reserves exceed minimum required - 104+ mos reserves; 3 mos required Qualifying FICO score is at least 20 points above minimum for program - 790 FICO; 660 required LTV is less than guideline maximum - 42.80% LTV below 80% max |
-FICO 20 points >
program minimum (700floor) -Reserves 6mos above program minimum |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | Yes | 10609233 | |||
| XXXX | 3126990 | D | A | D | A | C | A | A | A | Closed | FCRE1148 | 2026-08-06 08:02 | 2026-08-18 15:29 | Resolved | 1 - Information | C | A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received updated
Title Coverage Amount of XXXX is sufficient based on the type of subject lien
- Due Diligence Vendor-08/18/2026 Ready for Review-8/17 RF please see attached - Due Diligence Vendor-08/17/2026 Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). - Due Diligence Vendor-08/06/2026 |
Resolved-Received updated
Title Coverage Amount of XXXX is sufficient based on the type of subject lien
- Due Diligence Vendor-08/18/2026 |
Guideline: Qualifying DTI
below maximum allowed - Required is 50 Borrower has 37.86 Months Reserves exceed minimum required - 22 months in reserves; 6 mos required |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 10661128 | |||
| XXXX | 3126990 | D | A | D | A | C | A | A | A | Closed | FCRE1202 | 2026-08-06 08:32 | 2026-08-13 13:54 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report Partially Provided | Resolved-Received
confirmation final clear fraud is acceptable. - Due Diligence
Vendor-08/13/2026 Ready for Review-08/12 MWM: please note that per the guidelines, the variances and approval from watch lists are required to be sent. All additional information is proprietary to XXXX. Please see the full fraud report attached to meet the required guidelines. - Due Diligence Vendor-08/12/2026 Counter-Received XXXX however several Modules are not included in the report. Missing UDM, Ownership & Occupancy, Bankruptcy Search, Associated Business Search. Please upload new report w/ all pages - Due Diligence Vendor-08/11/2026 Ready for Review-08/10 MWM: please see the attached documentation. I've attached the full fraud report to meet the guidelines provided. All required pages are provided and all parties have been ran through the applicable ineligible lists. - Due Diligence Vendor-08/10/2026 Open-Third Party Fraud Report Partially Provided missing complete report - Due Diligence Vendor-08/06/2026 |
Resolved-Received
confirmation final clear fraud is acceptable. - Due Diligence
Vendor-08/13/2026 |
Guideline: Qualifying DTI
below maximum allowed - Required is 50 Borrower has 37.86 Months Reserves exceed minimum required - 22 months in reserves; 6 mos required |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 10662112 | |||
| XXXX | 3126990 | D | A | D | A | C | A | A | A | Closed | finding-3352 | 2026-08-03 15:24 | 2026-08-07 08:26 | Resolved | 1 - Information | C | A | Compliance | Points & Fees | Higher-Priced Mortgage Loan Test | Resolved-Loan contains
full appraisal and escrows, meeting HPML compliance - Due Diligence
Vendor-08/06/2026 Open-This loan failed the higher-priced mortgage loan test. ( 12 CFR § 1026.35(a)(1) )Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. - Due Diligence Vendor-08/03/2026 |
Resolved-Loan contains full
appraisal and escrows, meeting HPML compliance - Due Diligence
Vendor-08/06/2026 |
Guideline: Qualifying DTI
below maximum allowed - Required is 50 Borrower has 37.86 Months Reserves exceed minimum required - 22 months in reserves; 6 mos required |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 10601926 | ||||
| XXXX | 3130932 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | |||||||||||||||||||
| XXXX | 3127254 | C | A | C | A | A | A | A | A | Closed | FCRE1200 | 2026-08-06 16:49 | 2026-08-12 10:30 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited Loan Amount is less than Guideline Minimum Loan Amount | Resolved-Using the XXXX
2.0 guidelines, the minimum loan amount is XXXX. - Due Diligence
Vendor-08/11/2026 Counter-Received Lender Rebuttal. Review of guideline confirm min loan amount XXXX. Finding remains. - Due Diligence Vendor-08/10/2026 Ready for Review-Please revisit, GL reflect min LA XXXX, rate lock all reflects loan amt less than XXXX with pricing adj for LA<XXXX with LA on rate lock at XXXX. Thank you! - Due Diligence Vendor-08/07/2026 Open-Audited Loan Amount is less than the Guideline Minimum Loan Amount of XXXX - Due Diligence Vendor-08/06/2026 |
Resolved-Using the XXXX 2.0
guidelines, the minimum loan amount is XXXX. - Due Diligence
Vendor-08/11/2026 |
Verified employment history
exceeds guidelines - Borrower self-employed for 20 years Guideline: LTV is less than guideline maximum - Required is 75 Borrower has 70 Long term residence - Borrower at current residence for 18 years Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 39 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 680 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 10673928 | ||||
| XXXX | 3128037 | C | A | A | A | C | A | A | A | Closed | finding-3634 | 2026-08-03 14:47 | 2026-08-11 14:27 | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Upon further
review, finding resolved. - Due
Diligence Vendor-08/11/2026 Ready for Review-CT 8/7: A tolerance credit in the amount of $325 for the appraisal fee was reflected on the final Closing Disclosure. As stated regarding the origination fee, per TILA Comment 1029.19(e)(3)(i)-7 the tolerance calculation should be using the unrounded LE numbers instead of the rounded LE numbers. - Due Diligence Vendor-08/08/2026 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 XXXX.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). ----- Zero (0%) tolerance fees increased by XXXX (Appraisal Fee, $.09 for Origination fee is due to rounding) without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of XXXX, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Remediation options (1) within 60 days of consummation expires XXXX (2) within 60 days of discovery expires XXXX remains EV2B under TILA 130(b) (3) After 60 days of discovery, no cure, Statute of Limitations - 3 Years; Expiration Date: XXXX remains EV3C - Due Diligence Vendor-08/03/2026 |
Resolved-Upon further
review, finding resolved. - Due
Diligence Vendor-08/11/2026 |
Guideline: LTV is less than
guideline maximum - Required is 85 Borrower has 65 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 695 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10600993 | ||||
| XXXX | 3126360 | C | A | A | A | C | A | A | A | Closed | finding-3635 | 2026-08-11 14:35 | 2026-08-14 12:41 | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That In Total Cannot Increase More Than 10% Test | Resolved-Credit provided
for increase, finding resolved. - Due
Diligence Vendor-08/14/2026 Ready for Review-AV 8/12 Please see the attached Final Closing Disclosure and Tolerance Cure breakdown which shows the borrower was provided a credit at closing for the increase in the Recording Fee. - Due Diligence Vendor-08/12/2026 Open-----***NEW***Ten (10%) tolerance fees (Recording Fee) increased by $31 without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of $193, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Remediation options (1) within 60 days of consummation expires XXXX (2) within 60 days of discovery expires XXXX remains EV2B under TILA 130(b) (3) After 60 days of discovery, no cure, Statute of Limitations - 3 Years; Expiration Date:XXXX remains EV3C - Due Diligence Vendor-08/11/2026 Open-This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($XX) exceed the comparable charges ($XX) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi). - Due Diligence Vendor-08/11/2026 |
Resolved-Credit provided
for increase, finding resolved. - Due
Diligence Vendor-08/14/2026 |
Guideline: Qualifying DTI
below maximum allowed - Required is 50 Borrower has 17.18 Months Reserves exceed minimum required - 19 months reserves exceed 6 months per guides |
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 | 10746088 | |||
| XXXX | 3126360 | C | A | A | A | C | A | A | A | Closed | finding-3352 | 2026-08-03 12:17 | 2026-08-11 14:43 | Resolved | 1 - Information | C | A | Compliance | Points & Fees | Higher-Priced Mortgage Loan Test | Resolved-Loan contains
full appraisal and escrows, meeting HPML compliance. - Due Diligence
Vendor-08/06/2026 Open-This loan failed the higher-priced mortgage loan test. ( 12 CFR § 1026.35(a)(1) )Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. - Due Diligence Vendor-08/03/2026 |
Resolved-Loan contains full
appraisal and escrows, meeting HPML compliance. - Due Diligence
Vendor-08/06/2026 |
Guideline: Qualifying DTI
below maximum allowed - Required is 50 Borrower has 17.18 Months Reserves exceed minimum required - 19 months reserves exceed 6 months per guides |
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 | 10597135 | ||||
| XXXX | 3126360 | C | A | A | A | C | A | A | A | Closed | FCOM3605 | 2026-08-03 12:28 | 2026-08-11 14:38 | Resolved | 1 - Information | C | A | Compliance | TRID | TRID: CD not delivered at least 3 days prior to consummation | Resolved-Received Initial
CD. Finding resolved. - Due Diligence
Vendor-08/11/2026 Ready for Review-CT 8/7: Please see the attached // - Due Diligence Vendor-08/08/2026 Open------- Missing initial CD acknowledged by borrower a minimum of 3 days prior to consummation. Additional findings may apply upon receipt. Statute of Limitations 3 years- Expiration date is XXXX. - Due Diligence Vendor-08/03/2026 |
Resolved-Received Initial
CD. Finding resolved. - Due Diligence
Vendor-08/11/2026 |
Guideline: Qualifying DTI
below maximum allowed - Required is 50 Borrower has 17.18 Months Reserves exceed minimum required - 19 months reserves exceed 6 months per guides |
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 | 10597405 | |||
| XXXX | 3128763 | C | A | C | A | A | A | A | A | Closed | FCRE1148 | 2026-08-06 06:54 | 2026-08-12 12:55 | Resolved | 1 - Information | C | A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received
corrected Title Coverage Amount of XXXX is sufficient based on the type of
subject lien - Due Diligence Vendor-08/12/2026 Ready for Review-8/10 SW- see attached - Due Diligence Vendor-08/10/2026 Open-Title insurance coverage is XXXX, loan amount is XXXX. No documentation to support sufficient title coverage. - Due Diligence Vendor-08/06/2026 |
Resolved-Received corrected
Title Coverage Amount of XXXX is sufficient based on the type of subject lien
- Due Diligence Vendor-08/12/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 700
Borrower has 784 Guideline: LTV is less than guideline maximum - Required is 75 Borrower has 62.4 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 10659054 | |||
| XXXX | 3129783 | D | A | D | A | A | A | A | A | Closed | FCRE1202 | 2026-08-06 13:11 | 2026-08-12 13:02 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report Partially Provided | Resolved-Fraud Report
provided, all parties to transaction are cleared for LDP/EPLS/OFAC. Note: UDM and REO is missing from report
but checked at top of report - Due Diligence Vendor-08/12/2026 Ready for Review-08/10 XXXX Fraud Report provided includes all modules selected. XXXX do not have specific requirements for Fraud Report. Please clear finding or provide details of what is missing from the report. - Due Diligence Vendor-08/10/2026 Counter-Received duplicate Partial Fraud report with 4 pages. Missing complete report. - Due Diligence Vendor-08/10/2026 Ready for Review-08/07 SA: Please see the attached supporting document for the fraud report. - Due Diligence Vendor-08/07/2026 Open-Third Party Fraud Report Partially Provided Please provide the full fraud report (all pages). Additional conditions may apply pending review. - Due Diligence Vendor-08/06/2026 |
Resolved-Fraud Report
provided, all parties to transaction are cleared for LDP/EPLS/OFAC. Note: UDM and REO is missing from report
but checked at top of report - Due Diligence Vendor-08/12/2026 |
On time mortgage history
exceeds guideline requirement - No more than one (1) 30 or more days past due
in the last 12 months (1x30); borrower has ox30x91 months mortgage history
documented in file. Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 721 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 10668827 | |||
| XXXX | 3128364 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | |||||||||||||||||||
| XXXX | 3129543 | D | A | D | A | A | A | A | A | Closed | FCRE1326 | 2026-08-06 15:23 | 2026-08-14 13:49 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 YTD Profit & Loss Missing | Resolved-Borrower 1 YTD
Profit & Loss Provided - Due Diligence Vendor-08/14/2026 Ready for Review-Per program guidelines, P&Ls are not required. Can you please review and clear or provide guides that state that this documentation is required. - Due Diligence Vendor-08/13/2026 Open-Borrower 1 YTD Profit & Loss Missing 2025 1065/1040 Exstention filed - missing YTD P&L to support income - Due Diligence Vendor-08/06/2026 |
Resolved-Borrower 1 YTD
Profit & Loss Provided - Due Diligence Vendor-08/14/2026 |
Guideline: LTV is less than
guideline maximum - Required is 85 Borrower has 80 Residual Income =/> 1.5 times $XX monthly residual income - Residual Income =/> 1.5 times $XX monthly residual income - Qualifying residual income = XXXX; minimum required $1,500 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10671930 | ||||
| XXXX | 3129333 | C | A | C | A | C | A | A | A | Closed | FCRE1293 | 2026-08-06 14:01 | 2026-08-12 17:34 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income 2 Months Income Verified is Missing | Resolved-Received May and
June rental payments. - Due Diligence
Vendor-08/12/2026 Ready for Review-Payments - Due Diligence Vendor-08/11/2026 Counter-Upon further review of the VOA, the date range is 14/JUN/26-15/JUL/26 which indeed validates the July payment however missing June and May as stated in the initial finding. - Due Diligence Vendor-08/10/2026 Ready for Review-please see the following date on the VOA reports in the file XXXX - Due Diligence Vendor-08/07/2026 Open-Income 2 Months Income Verified is Missing Missing documentation for proof of receipt of the May and June receipt of rental income for rental property. - Due Diligence Vendor-08/06/2026 |
Resolved-Received May and
June rental payments. - Due Diligence
Vendor-08/12/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 680
Borrower has 714 Guideline: LTV is less than guideline maximum - Required is 90 Borrower has 85 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 39.23 |
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 | 10669997 | |||
| XXXX | 3129333 | C | A | C | A | C | A | A | A | Closed | FCRE5790 | 2026-08-06 12:28 | 2026-08-10 13:33 | Resolved | 1 - Information | C | A | Credit | Closing | Borrower 1 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date) | Resolved-Received Borrower
1 Gap Credit Report, no changes - Due Diligence Vendor-08/10/2026 Ready for Review-Reports are dated XXXX - Due Diligence Vendor-08/07/2026 Open-Borrower 1 Gap Credit Report is Expired (Greater than 10 days from Closing/Settlement Date). - Due Diligence Vendor-08/06/2026 |
Resolved-Received Borrower
1 Gap Credit Report, no changes - Due Diligence Vendor-08/10/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 680
Borrower has 714 Guideline: LTV is less than guideline maximum - Required is 90 Borrower has 85 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 39.23 |
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 | 10668004 | |||
| XXXX | 3129333 | C | A | C | A | C | A | A | A | Closed | finding-3352 | 2026-08-04 09:49 | 2026-08-07 08:36 | Resolved | 1 - Information | C | A | Compliance | Points & Fees | Higher-Priced Mortgage Loan Test | Resolved-Loan contains
full appraisal and escrows, meeting HPML compliance. - Due Diligence
Vendor-08/06/2026 Open-This loan failed the higher-priced mortgage loan test. ( 12 CFR § 1026.35(a)(1) )Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. - Due Diligence Vendor-08/04/2026 |
Resolved-Loan contains full
appraisal and escrows, meeting HPML compliance. - Due Diligence
Vendor-08/06/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 680
Borrower has 714 Guideline: LTV is less than guideline maximum - Required is 90 Borrower has 85 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 39.23 |
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 | 10615507 | ||||
| XXXX | 3126645 | 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 | |||||||||||||||||||
| XXXX | 3127236 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | |||||||||||||||||||
| XXXX | 3125763 | C | A | C | A | A | A | A | A | Closed | FCRE0183 | 2026-08-06 23:19 | 2026-08-18 16:44 | Resolved | 1 - Information | C | A | Credit | Eligibility | Required Spousal Consent to Pledge form is missing | Resolved-Upon further
review, the borrower is unmarried. - Due Diligence Vendor-08/18/2026 Ready for Review-Please clarify - XXXX is unmarried - Due Diligence Vendor-08/17/2026 Open-The required spousal consent to pledge form is missing. Required for XXXX - Due Diligence Vendor-08/07/2026 |
Resolved-Upon further
review, the borrower is XXXX. - Due Diligence Vendor-08/18/2026 |
Months Reserves exceed
minimum required - 31 Months Reserves exceed 3 months minimum required Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 744 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 10677219 | ||||
| XXXX | 3128556 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | |||||||||||||||||||
| XXXX | 3130470 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | |||||||||||||||||||
| XXXX | 3129219 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | |||||||||||||||||||
| XXXX | 3127113 | 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 | |||||||||||||||||||
| XXXX | 3131064 | D | A | D | A | A | A | A | A | Closed | FCRE1202 | 2026-08-11 09:31 | 2026-08-13 13:57 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report Partially Provided | Resolved-Received
confirmation final fraud report is acceptable - Due Diligence
Vendor-08/13/2026 Ready for Review-08/12 MWM: please see the attached Fraud report for the borrower. Please note that all required pages are included to meet the required guidelines. All variances and parties of the loan have been documented and approved. - Due Diligence Vendor-08/12/2026 Open-Third Party Fraud Report Partially Provided Provide full fraud report. Only 4 pages of report provided - Due Diligence Vendor-08/11/2026 |
Resolved-Received
confirmation final fraud report is acceptable - Due Diligence
Vendor-08/13/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 680
Borrower has 714 Guideline: LTV is less than guideline maximum - Required is 70 Borrower has 57.69 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 10737449 | |||
| XXXX | 3128289 | C | A | C | A | A | A | A | A | Closed | FCRE1506 | 2026-08-11 10:31 | 2026-08-18 12:21 | Resolved | 1 - Information | C | A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-Upon further
review, housing history was not required. - Due Diligence Vendor-08/18/2026
Ready for Review-Per UW, XXXX: "The loan is a DU NON QM which follows AUS and the DU feedback did not require a VOR." - Due Diligence Vendor-08/14/2026 Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. ATR/QM: Status Pending. Incomplete Housing History, Condition added. - Due Diligence Vendor-08/11/2026 |
Resolved-Upon further
review, housing history was not required. - Due Diligence
Vendor-08/18/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 700
Borrower has 756 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 25.57 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10738969 | ||||
| XXXX | 3128289 | C | A | C | A | A | A | A | A | Closed | FCRE1440 | 2026-08-11 10:18 | 2026-08-18 12:16 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Upon further
review, the DU did not require a VOR. - Due Diligence Vendor-08/18/2026 Ready for Review-Per UW, XXXX: "The loan is a DU NON QM which follows AUS and the DU feedback did not require a VOR." - Due Diligence Vendor-08/14/2026 Open-Housing History Does Not Meet Guideline Requirements Provide missing VOR to verify 12m of housing history. - Due Diligence Vendor-08/11/2026 |
Resolved-Upon further
review, the DU did not require a VOR. - Due Diligence Vendor-08/18/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 700
Borrower has 756 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 25.57 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10738643 | ||||
| XXXX | 3129351 | D | A | D | A | C | A | A | A | Closed | FCRE1342 | 2026-08-11 11:28 | 2026-08-25 11:11 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Business Bank Statements Missing | Resolved-After further
review, funds to close/reserve are coming from XXXX. CPA letter confirms Brw
is 100% owner of biz and the withdrawal of these funds is not expected to
adversely affect the business's ongoing operations. - Due Diligence
Vendor-08/25/2026 Open-Borrower 1 Business Bank Statements Missing Need complete documentation showing borrower is 100% owner of business as licensing information reflects borrower's spouse is the owner of the business listed on the bank statements used for funds to close. - Due Diligence Vendor-08/11/2026 |
Resolved-After further
review, funds to close/reserve are coming from XXXX. CPA letter confirms Brw
is 100% owner of biz and the withdrawal of these funds is not expected to
adversely affect the business's ongoing operations. - Due Diligence
Vendor-08/25/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 680
Borrower has 798 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 0.54 Guideline: LTV is less than guideline maximum - Required is 80 Borrower has 70 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10740459 | ||||
| XXXX | 3129351 | D | A | D | A | C | A | A | A | Closed | FCRE1506 | 2026-08-11 12:57 | 2026-08-25 11:08 | Resolved | 1 - Information | C | A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-The Final
Reviewed QM Status is acceptable or the loan is a Business Purpose loan.
Funds to close/reserve are coming from XXXX. CPA letter confirms Brw is 100%
owner of biz and the withdrawal of these funds is not expected to adversely
affect the business's ongoing operations. No single deposit on 7/15, 7/14,
7/7 and 7/2 exceeds 25% of the total monthly qualifying income - additional
sourcing is not required. - Due Diligence Vendor-08/25/2026 Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Need clarification on ownership of business on bank statement used for funds to close. Need large deposits explained and sourced which are out of the ordinary in account used for funds to close. - Due Diligence Vendor-08/11/2026 |
Resolved-The Final Reviewed
QM Status is acceptable or the loan is a Business Purpose loan. Funds to
close/reserve are coming from XXXX. CPA letter confirms Brw is 100% owner of
biz and the withdrawal of these funds is not expected to adversely affect the
business's ongoing operations. No single deposit on 7/15, 7/14, 7/7 and 7/2
exceeds 25% of the total monthly qualifying income - additional sourcing is
not required. - Due Diligence Vendor-08/25/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 680
Borrower has 798 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 0.54 Guideline: LTV is less than guideline maximum - Required is 80 Borrower has 70 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10743903 | ||||
| XXXX | 3129351 | D | A | D | A | C | A | A | A | Closed | FCRE1491 | 2026-08-11 12:51 | 2026-08-25 11:05 | Resolved | 1 - Information | C | A | Credit | Assets | Asset Qualification Does Not Meet Guideline Requirements | Resolved-After further
review, funds to close/reserve are coming from XXXX. CPA letter confirms Brw
is 100% owner of biz and the withdrawal of these funds is not expected to
adversely affect the business's ongoing operations. No single deposit on
7/15, 7/14, 7/7 and 7/2 exceeds 25% of the total monthly qualifying income -
additional sourcing is not required. - Due Diligence Vendor-08/25/2026 Open-Asset Qualification Does Not Meet Guideline Requirements Borrower must provide explanation and source of funds for large deposits in personal bank account printout provided for the following dates: 7/15, 7/14, 7/7 and 7/2. - Due Diligence Vendor-08/11/2026 |
Resolved-After further
review, funds to close/reserve are coming from XXXX. CPA letter confirms Brw
is 100% owner of biz and the withdrawal of these funds is not expected to
adversely affect the business's ongoing operations. No single deposit on
7/15, 7/14, 7/7 and 7/2 exceeds 25% of the total monthly qualifying income -
additional sourcing is not required. - Due Diligence Vendor-08/25/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 680
Borrower has 798 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 0.54 Guideline: LTV is less than guideline maximum - Required is 80 Borrower has 70 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10743645 | ||||
| XXXX | 3129351 | D | A | D | A | C | A | A | A | Closed | FCRE5782 | 2026-08-11 11:59 | 2026-08-21 15:33 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Received Gap
Report. - Due Diligence Vendor-08/21/2026 Ready for Review-Credit Gap attached - Due Diligence Vendor-08/19/2026 Open-Borrower 1 Gap Credit Report is Missing Missing Gap Credit report within 10 days of closing date. - Due Diligence Vendor-08/11/2026 |
Resolved-Received Gap
Report. - Due Diligence Vendor-08/21/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 680
Borrower has 798 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 0.54 Guideline: LTV is less than guideline maximum - Required is 80 Borrower has 70 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10741172 | |||
| XXXX | 3129351 | D | A | D | A | C | A | A | A | Closed | FCRE1176 | 2026-08-11 11:06 | 2026-08-19 15:52 | Resolved | 1 - Information | C | A | Credit | Insurance | HO6 Insurance Policy Effective Date is after the Note Date | Resolved-Received PCCD,
disbursement date is XXXX - Due Diligence Vendor-08/19/2026 Ready for Review-PCCD attached the loan disbursed on XXXX no changes are needed on the HO6 effective date. - Due Diligence Vendor-08/18/2026 Open-HO-6 Insurance Policy Effective Date of XXXX is after the Note Date of XXXX Loan disbursed XXXX- Policy is in effect as of XXXX. Need updated HOI policy in force for date of closing. - Due Diligence Vendor-08/11/2026 |
Resolved-Received PCCD,
disbursement date is XXXX - Due Diligence Vendor-08/19/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 680
Borrower has 798 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 0.54 Guideline: LTV is less than guideline maximum - Required is 80 Borrower has 70 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10739917 | |||
| XXXX | 3129351 | D | A | D | A | C | A | A | A | Closed | finding-3625 | 2026-08-06 13:38 | 2026-08-19 12:04 | Resolved | 1 - Information | C | A | Compliance | TRID | TRID "Section B. Services You Cannot Shop For / Services Borrower Did Not Shop For" Validation Test | Resolved-Received PCCD
XXXX correcting payee in Section B. Finding Resolved. - Due Diligence
Vendor-08/19/2026 Ready for Review-PCCD attached now reflects fees in Section B paid to actual provider. - Due Diligence Vendor-08/18/2026 Open-This loan failed the TRID "Section B. Services You Cannot Shop For / Services Borrower Did Not Shop For" validation test.This loan contains a fee or fees where "compensation to" is set to the lender or broker but this fee or fees should not be retained by the lender or broker."Section B. Services You Cannot Shop For / Services Borrower Did Not Shop For" should contain an itemization of each amount, and a subtotal of all such amounts, the consumer will pay for settlement services for which the consumer cannot shop in accordance with Regulation Z and that are provided by persons other than the creditor or mortgage broker. -----(HOA Certification Fee & HOA Lender Questionnaire) in section B is payable to Lender/Broker however, fees paid to Lender or Broker must be in section A. If the fee is to remain in section B, it must state FBO (for the benefit of) to said Vendor. Provide a post close CD with correction within 60 days of discovery date. Statute of Limitations - 1 year, expiration date XXXX. - Due Diligence Vendor-08/06/2026 |
Resolved-Received PCCD XXXX
correcting payee in Section B. Finding Resolved. - Due Diligence
Vendor-08/19/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 680
Borrower has 798 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 0.54 Guideline: LTV is less than guideline maximum - Required is 80 Borrower has 70 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10669491 | |||
| XXXX | 3129351 | D | A | D | A | C | A | A | A | Closed | finding-3438 | 2026-08-06 13:38 | 2026-08-19 12:04 | Resolved | 1 - Information | C | A | Compliance | Points & Fees | Dual Broker Compensation Test | Resolved-Received PCCD
XXXX correcting payee in Section B. Finding Resolved. - Due Diligence
Vendor-08/19/2026 Ready for Review-PCCD attached - Due Diligence Vendor-08/18/2026 Open-This loan failed the Dual Broker Compensation Test. (12 CFR §1026.36(d)(2))This loan has borrower paid broker compensation of $XX and broker compensation paid by another party of $XX.This loan contains compensation to the broker from both the borrower and lender for loan origination activities. If any loan originator receives compensation directly from a consumer in a consumer credit transaction secured by a dwelling, no loan originator shall receive compensation, directly or indirectly, from any other person other than the consumer in connection with the transaction for loan origination activities. -----multiple fees are payable to broker on Final CD, including Lender Paid Broker Compensation in Section A. No loan originator shall receive compensation, directly or indirectly, from any other person other than the consumer in connection with the transaction for loan origination activities. - Due Diligence Vendor-08/06/2026 |
Resolved-Received PCCD XXXX
correcting payee in Section B. Finding Resolved. - Due Diligence
Vendor-08/19/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 680
Borrower has 798 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 0.54 Guideline: LTV is less than guideline maximum - Required is 80 Borrower has 70 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10669492 | |||
| XXXX | 3129351 | D | A | D | A | C | A | A | A | Closed | FCRE8013 | 2026-08-11 10:56 | 2026-08-17 11:28 | Resolved | 1 - Information | C | A | Credit | Eligibility | Purchase Contract Issue | Resolved-Received purchase
contract addendum confirming no EMD - Due Diligence Vendor-08/17/2026 Ready for Review-Contract attached - Due Diligence Vendor-08/13/2026 Open-Loan Purpose is Purchase but Purchase Contract is only Partially Provided. Need fully executed addendum to sales contract: 1). No EMD is required to be paid. - Due Diligence Vendor-08/11/2026 |
Resolved-Received purchase
contract addendum confirming no EMD - Due Diligence Vendor-08/17/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 680
Borrower has 798 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 0.54 Guideline: LTV is less than guideline maximum - Required is 80 Borrower has 70 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10739606 | |||
| XXXX | 3129351 | D | A | D | A | C | A | A | A | Closed | FCRE1316 | 2026-08-11 11:28 | 2026-08-17 11:27 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Received CTEC
validation of business - Due Diligence
Vendor-08/17/2026 Ready for Review-CPA Letter attached - Due Diligence Vendor-08/13/2026 Open-Borrower 1 3rd Party VOE Prior to Close Missing 1). Need documentation to show borrower's business was active/valid at closing. - Due Diligence Vendor-08/11/2026 |
Resolved-Received CTEC
validation of business - Due Diligence
Vendor-08/17/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 680
Borrower has 798 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 0.54 Guideline: LTV is less than guideline maximum - Required is 80 Borrower has 70 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10740457 | |||
| XXXX | 3129351 | D | A | D | A | C | A | A | A | Closed | FCRE1325 | 2026-08-11 11:28 | 2026-08-17 11:19 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 CPA Letter Missing | Resolved-Received license
validation for CTEC - Due Diligence Vendor-08/17/2026 Ready for Review-CPA letter attached - Due Diligence Vendor-08/13/2026 Open-Borrower 1 CPA Letter Missing Provide copy of documentation supporting CPA business license number. - Due Diligence Vendor-08/11/2026 |
Resolved-Received license
validation for CTEC - Due Diligence Vendor-08/17/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 680
Borrower has 798 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 0.54 Guideline: LTV is less than guideline maximum - Required is 80 Borrower has 70 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10740458 | |||
| XXXX | 3128421 | D | A | D | A | A | A | A | A | Closed | FCRE3464 | 2026-08-12 12:30 | 2026-08-14 12:42 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Closing/Final Verbal VOE | Resolved-Upon further
review, the CPA and XXXX dated within 120 days of the Note and VVOE not
required per guides. - Due Diligence Vendor-08/14/2026 Ready for Review-06/13/2026 - XX: The third party verification of the borrower's business is dated within 120 days of closing and is sufficient. A Verbal verification of self-employment is not required, as this is a Bank Statement Loan. - Due Diligence Vendor-08/13/2026 Open-missing Verbal verification of borrower self employed. cpa and XXXX dated XXXX. - Due Diligence Vendor-08/12/2026 |
Resolved-Upon further
review, the CPA and XXXX dated within 120 days of the Note and VVOE not
required per guides. - Due Diligence Vendor-08/14/2026 |
Guideline: Qualifying DTI
below maximum allowed - Required is 50 Borrower has 40.61 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 705 Guideline: LTV is less than guideline maximum - Required is 85 Borrower has 80 |
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 | 10768333 | ||||
| XXXX | 3131685 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | |||||||||||||||||||
| XXXX | 3131595 | C | A | C | A | A | A | A | A | Closed | FCRE0197 | 2026-08-12 12:37 | 2026-08-19 14:13 | Resolved | 1 - Information | C | A | Credit | Eligibility | The Final SELLER CD/HUD is missing | Resolved-Received fully
executed Seller CD - Due Diligence Vendor-08/19/2026 Ready for Review-CT 8/17: Please see the attached // - Due Diligence Vendor-08/17/2026 Open-The Final SELLER CD/HUD is missing. - Due Diligence Vendor-08/12/2026 |
Resolved-Received fully
executed Seller CD - Due Diligence Vendor-08/19/2026 |
Months Reserves exceed
minimum required - 223 months PITIA reserves; 3 months reserves required. Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 739 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 10768562 | |||
| XXXX | 3126411 | D | A | D | A | A | A | A | A | Closed | FCRE1158 | 2026-08-12 13:37 | 2026-08-14 13:10 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Hazard Insurance Policy is Partial | Resolved-The hazard rating
was provided. - Due Diligence Vendor-08/14/2026 Ready for Review-08/13/2026 - XX: Please see the attached XXXX. XXXX is the insurance underwriter, and the insurance carrier is XXXX - Due Diligence Vendor-08/13/2026 Open-Hazard Insurance Policy (Or HO-6 Insurance Policy if Subject Property is a Condo) is only Partially Provided Provide proof insurance carrier meets guideline requirements for rating scores. - Due Diligence Vendor-08/12/2026 |
Resolved-The hazard rating
was provided. - Due Diligence Vendor-08/14/2026 |
On time mortgage history
exceeds guideline requirement - 12 months needed, 13 months provided. Guideline: LTV is less than guideline maximum - Required is 80 Borrower has 74.98 |
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 | 10769999 | |||
| XXXX | 3126411 | D | A | D | A | A | A | A | A | Closed | FCRE5786 | 2026-08-12 14:15 | 2026-08-14 13:08 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Incomplete | Resolved-Borrower 1 Gap
Credit Report is not partially present. - Due Diligence Vendor-08/14/2026 Ready for Review-08/13/26 - XX: A gap credit report is not required per the agreed upon guidelines with XXXX, and the UDM section of the loan integrity report is not required to be sent. - Due Diligence Vendor-08/13/2026 Open-Borrower 1 Gap Credit Report is Partially Present. Fraud Guard shows UDM was run, but document is incomplete/UDM not provided. Additional conditions may apply. - Due Diligence Vendor-08/12/2026 |
Resolved-Borrower 1 Gap
Credit Report is not partially present. - Due Diligence Vendor-08/14/2026 |
On time mortgage history
exceeds guideline requirement - 12 months needed, 13 months provided. Guideline: LTV is less than guideline maximum - Required is 80 Borrower has 74.98 |
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 | 10771007 | ||||
| XXXX | 3126411 | D | A | D | A | A | A | A | A | Closed | FCRE1202 | 2026-08-12 14:19 | 2026-08-14 13:05 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report Partially Provided | Resolved-Summary was in
file that was clear and reflects all interested parties. - Due Diligence
Vendor-08/14/2026 Ready for Review-08/13/2026 - XX: All required pages of the loan integrity report have been provided. - Due Diligence Vendor-08/13/2026 Open-Third Party Fraud Report Partially Provided Missing the complete fraud report with all modules. - Due Diligence Vendor-08/12/2026 |
Resolved-Summary was in
file that was clear and reflects all interested parties. - Due Diligence
Vendor-08/14/2026 |
On time mortgage history
exceeds guideline requirement - 12 months needed, 13 months provided. Guideline: LTV is less than guideline maximum - Required is 80 Borrower has 74.98 |
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 | 10771064 | ||||
| XXXX | 3125418 | C | A | C | A | A | A | A | A | Closed | FCRE1254 | 2026-08-12 12:34 | 2026-08-19 14:17 | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Received updated
Title Commitment, exception #6 on Sch C has been removed - Due Diligence
Vendor-08/19/2026 Ready for Review-Updated commitment - Due Diligence Vendor-08/17/2026 Open-Property Title Issue Mortgage reflected on title commitment under Schedule C exception #6. Title company to clarify this mortgage has been paid in full/released (as Seller CD does not reflect any liens being paid off on document). - Due Diligence Vendor-08/12/2026 |
Resolved-Received updated
Title Commitment, exception #6 on Sch C has been removed - Due Diligence
Vendor-08/19/2026 |
Guideline: Qualifying DTI
below maximum allowed - Required is 50 Borrower has 33.91 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 736 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10768525 | |||
| XXXX | 3127035 | D | B | D | B | B | B | A | A | Closed | FCRE1180 | 2026-08-12 09:19 | 2026-09-04 13:49 | Resolved | 1 - Information | D | A | Credit | Missing Doc | HO-6 Insurance Policy is Missing | Resolved-Received
confirmation owner policy with option for short term rental coverage. - Due
Diligence Vendor-09/04/2026 Ready for Review-For HO-6 from agent - Due Diligence Vendor-09/03/2026 Counter-HO-6 policy provided, however subject transaction is a purchase of a second home and policy contains Loss of Rent and Landlord Liability. Finding remains. - Due Diligence Vendor-08/19/2026 Ready for Review-HO6 - Due Diligence Vendor-08/18/2026 Open-HO-6 Insurance Policy is Missing Missing Condo Unit HO-6 Insurance Policy. - Due Diligence Vendor-08/12/2026 |
Resolved-Received
confirmation owner policy with option for short term rental coverage. - Due
Diligence Vendor-09/04/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 660
Borrower has 767 Months Reserves exceed minimum required - 242.15mos reserves. Per guides, 3 reserves required. Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 37.47 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Second Home | Purchase | NA | N/A | N/A | 10762806 | |||
| XXXX | 3127035 | D | B | D | B | B | B | A | A | Closed | FCRE9996 | 2026-08-12 11:04 | 2026-09-02 16:18 | Resolved | 1 - Information | C | A | Credit | Eligibility | Condo does not meet requirements | Resolved-Received
confirmation remaining units are owned by developer. - Due Diligence Vendor-09/02/2026 Ready for Review-LOE on single entity - Due Diligence Vendor-09/01/2026 Counter-Received confirmation of presale and common areas and amenities complete. Received turn over estimate. Missing clarification of single entity ownership. - Due Diligence Vendor-08/30/2026 Ready for Review-email from developer confirming units - Due Diligence Vendor-08/28/2026 Open-Condo project Non-Warrantable: consists of XXXX Units, 100% Investor rented (Appraisal stated 2-5 investors own 2-10 Units each, taken from questionnaire); HOA still under Developer control. Per XXXX Guidelines 2.19.2025; the project cannot have more than 2 non-warrantable features. - Due Diligence Vendor-08/12/2026 |
Resolved-Received
confirmation remaining units are owned by developer. - Due Diligence Vendor-09/02/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 660
Borrower has 767 Months Reserves exceed minimum required - 242.15mos reserves. Per guides, 3 reserves required. Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 37.47 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Second Home | Purchase | NA | N/A | N/A | 10765625 | |||
| XXXX | 3127035 | D | B | D | B | B | B | A | A | Closed | FPRO1255 | 2026-08-12 08:45 | 2026-08-30 17:25 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | HOA Questionnaire Document is Missing | Resolved-Received
confirmation presale has been met.
Received revised HOA questionnaire confirming common areas and
facilities are complete. - Due
Diligence Vendor-08/30/2026 Ready for Review-condo questionnaire update from developer - Due Diligence Vendor-08/28/2026 Ready for Review-HOA questionnaire - Due Diligence Vendor-08/27/2026 Counter-Received HOA questionnaire. Missing confirmation condotel is not required to meet presale requirements. Missing confirmation amenities and common areas are complete. - Due Diligence Vendor-08/25/2026 Ready for Review-condo questionnaire - Due Diligence Vendor-08/24/2026 Open-Subject Property is part of an HOA but the HOA Questionnaire Document is Missing. Missing Condo HOA Questionnaire - Due Diligence Vendor-08/12/2026 |
Resolved-Received
confirmation presale has been met.
Received revised HOA questionnaire confirming common areas and
facilities are complete. - Due
Diligence Vendor-08/30/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 660
Borrower has 767 Months Reserves exceed minimum required - 242.15mos reserves. Per guides, 3 reserves required. Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 37.47 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Second Home | Purchase | NA | N/A | N/A | 10762047 | |||
| XXXX | 3127035 | D | B | D | B | B | B | A | A | Closed | FCRE1184 | 2026-08-12 13:40 | 2026-08-19 15:24 | Resolved | 1 - Information | D | A | Credit | Missing Doc | AUS Not Provided | Resolved-Received AUS. -
Due Diligence Vendor-08/19/2026 Ready for Review-AUS - Due Diligence Vendor-08/18/2026 Open-Missing AUS DU Approve/Eligible reflected on 1008. - Due Diligence Vendor-08/12/2026 |
Resolved-Received AUS. -
Due Diligence Vendor-08/19/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 660
Borrower has 767 Months Reserves exceed minimum required - 242.15mos reserves. Per guides, 3 reserves required. Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 37.47 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Second Home | Purchase | NA | N/A | N/A | 10770050 | |||
| XXXX | 3127035 | D | B | D | B | B | B | A | A | Closed | FCRE8611 | 2026-08-12 12:29 | 2026-08-19 15:22 | Waived | 2 - Non-Material | C | B | Credit | Income/Employment | Income/Employment General | Waived-Originator
exception granted for 12 month XXXX requirement, waiver applied with
compactors - Due Diligence
Vendor-08/19/2026 Ready for Review-exception for XXXX income - Due Diligence Vendor-08/18/2026 Open-Lender Exception approval in file for: use XXXX income for qualifying, Borr will not have received XXXX income from the current employer for the 12 months by the time we need to close as required by FNMA. First Vesting Date was XXXX. Per XXXX Guidelines 2.19.2025; Verify 2-year history of XXXX income employed by the same employer; 1-year history allowed if Borr is currently employed by the same employer. - Due Diligence Vendor-08/12/2026 |
Waived-Originator exception
granted for 12 month XXXX requirement, waiver applied with compactors - Due Diligence Vendor-08/19/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 660
Borrower has 767 Months Reserves exceed minimum required - 242.15mos reserves. Per guides, 3 reserves required. Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 37.47 |
-FICO 20 points >
program minimum (700 floor) -0x30x24 housing payment history -Reserves ≥ 6mos above program minimum |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Second Home | Purchase | NA | Originator Post-Close | No | 10768298 | ||
| XXXX | 3127035 | D | B | D | B | B | B | A | A | Closed | FCOM1301 | 2026-08-07 15:35 | 2026-08-07 20:19 | Waived | 2 - Non-Material | B | B | Compliance | Missing Doc | Home Loan Toolkit is Missing | Waived-The Home Loan Toolkit disclosure is missing. Originator waiver applied to non-material Findings. - Due Diligence Vendor-08/07/2026 | Waived-The Home Loan
Toolkit disclosure is missing. Originator waiver applied to non-material
Findings. - Due Diligence Vendor-08/07/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 660
Borrower has 767 Months Reserves exceed minimum required - 242.15mos reserves. Per guides, 3 reserves required. Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 37.47 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Second Home | Purchase | NA | Originator Post-Close | No | 10692693 | ||||
| XXXX | 3130302 | D | A | D | A | A | A | A | A | Closed | FVAL5474 | 2026-08-12 15:15 | 2026-08-25 12:09 | Resolved | 1 - Information | C | A | Credit | Eligibility | Condo project is ineligible | Resolved-Upon further
review, critical repair guideline requirements have been met. - Due Diligence
Vendor-08/25/2026 Ready for Review-Please review page 23 of the guidelines and advise-snip attached - Due Diligence Vendor-08/21/2026 Counter-Email chain provided asked for confirmation or clarify which requirements are not to assist with our review. - Due Diligence Vendor-08/20/2026 Ready for Review-Please see attached - Due Diligence Vendor-08/18/2026 Open-Condo Project is non-warrantable due to critical repairs per engineer's report. Exception requested, approval not found. - Due Diligence Vendor-08/12/2026 |
Resolved-Upon further
review, critical repair guideline requirements have been met. - Due Diligence
Vendor-08/25/2026 |
Guideline: LTV is less than
guideline maximum - Required is 80 Borrower has 75 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 37.13 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 720 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10773387 | |||
| XXXX | 3130302 | D | A | D | A | A | A | A | A | Closed | FCRE0105 | 2026-08-12 15:15 | 2026-08-25 12:09 | Resolved | 1 - Information | C | A | Credit | Eligibility | Condo Structural Reports not in file | Resolved-Upon further
review, the report was in the loan file - Due Diligence Vendor-08/25/2026 Ready for Review-Please review page 23 of the guidelines and advise-snip attached - Due Diligence Vendor-08/21/2026 Counter-Email chain provided asked for confirmation or clarify which requirements are not to assist with our review. - Due Diligence Vendor-08/20/2026 Ready for Review-Please see attached - Due Diligence Vendor-08/18/2026 Open-Missing Engineers report with satisfactory results. Report provided cites critical repairs, which were not remedied at or prior to closing. (NW with exception request) - Due Diligence Vendor-08/12/2026 |
Resolved-Upon further
review, the report was in the loan file - Due Diligence Vendor-08/25/2026 |
Guideline: LTV is less than
guideline maximum - Required is 80 Borrower has 75 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 37.13 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 720 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10773399 | |||
| XXXX | 3130302 | D | A | D | A | A | A | A | A | Closed | FCRE1506 | 2026-08-12 15:23 | 2026-08-20 13:50 | Resolved | 1 - Information | C | A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-Housing history
finding has been resolved. - Due Diligence Vendor-08/20/2026 Ready for Review-Please advise if anything is required for this condition. The other housing history condition was cleared already. - Due Diligence Vendor-08/18/2026 Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Pending Housing history. - Due Diligence Vendor-08/12/2026 |
Resolved-Housing history
finding has been resolved. - Due Diligence Vendor-08/20/2026 |
Guideline: LTV is less than
guideline maximum - Required is 80 Borrower has 75 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 37.13 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 720 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10773541 | ||||
| XXXX | 3130302 | D | A | D | A | A | A | A | A | Closed | FCRE1440 | 2026-08-12 14:14 | 2026-08-18 12:44 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received Payment
history. 0x30 - Due Diligence Vendor-08/18/2026 Ready for Review-VOR Attached - Due Diligence Vendor-08/14/2026 Open-Housing History Does Not Meet Guideline Requirements Missing Verification of Rent for borrower's current rented residence as stated on loan application. Other findings may apply. - Due Diligence Vendor-08/12/2026 |
Resolved-Received Payment
history. 0x30 - Due Diligence Vendor-08/18/2026 |
Guideline: LTV is less than
guideline maximum - Required is 80 Borrower has 75 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 37.13 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 720 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10770919 | |||
| XXXX | 3130302 | D | A | D | A | A | A | A | A | Closed | FCRE7497 | 2026-08-12 15:16 | 2026-08-18 12:41 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received Divorce
Decree, borrower is not responsible. -
Due Diligence Vendor-08/18/2026 Ready for Review-Divorced No longer responsible - Please see attached - Due Diligence Vendor-08/14/2026 Open- Missing documentation to confirm that mortgage reporting on credit that is security a property has been closed with a zero balance. Per loan documents/loan application this property was sold; however, there is no closing statement/settlement statement/closing disclosure to support or credit supplement confirming balance paid to a zero balance. Other findings may apply. - Due Diligence Vendor-08/12/2026 |
Resolved-Received XXXX,
borrower is not responsible. - Due
Diligence Vendor-08/18/2026 |
Guideline: LTV is less than
guideline maximum - Required is 80 Borrower has 75 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 37.13 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 720 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10773424 | |||
| XXXX | 3127875 | C | A | C | A | A | A | A | A | Closed | FCRE5790 | 2026-08-12 11:27 | 2026-08-13 14:03 | Resolved | 1 - Information | C | A | Credit | Closing | Borrower 1 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date) | Resolved-Received
confirmation UDM prior to close is acceptable. - Due Diligence Vendor-08/13/2026 Ready for Review-Please revisit/provide clarification. XXXX does not have guidelines or criteria for a gap credit report, FNMA does not specify 10 day gap report. - Due Diligence Vendor-08/12/2026 Open-Borrower 1 Gap Credit Report is Expired (Greater than 10 days from Closing/Settlement Date). Gap report is dated XXXX, closing date is XXXX. - Due Diligence Vendor-08/12/2026 |
Resolved-Received
confirmation UDM prior to close is acceptable. - Due Diligence Vendor-08/13/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 700
Borrower has 731 Months Reserves exceed minimum required - 17.21 mos reserves; 3 mos required |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10766398 | ||||
| XXXX | 3127194 | 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 | |||||||||||||||||||
| XXXX | 3130905 | 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 | |||||||||||||||||||
| XXXX | 3130869 | D | A | D | A | A | A | A | A | Closed | FCRE1202 | 2026-08-12 15:27 | 2026-08-14 12:47 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report Partially Provided | Resolved-Third Party Fraud
Report was in file was clear and reflects all interested parties - Due
Diligence Vendor-08/14/2026 Ready for Review-08/13/26 - XX: XX: All required pages of the loan integrity report have been provided. - Due Diligence Vendor-08/13/2026 Open-Third Party Fraud Report Partially Provided Fraud report is incomplete. Missing attached Modules - Due Diligence Vendor-08/12/2026 |
Resolved-Third Party Fraud
Report was in file was clear and reflects all interested parties - Due
Diligence Vendor-08/14/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 700
Borrower has 749 Months Reserves exceed minimum required - 53.54 mos reserves; 3 mos required |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 10773596 | ||||
| XXXX | 3131796 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | |||||||||||||||||||
| XXXX | 3126537 | D | A | D | A | D | A | A | A | Closed | FCOM5135 | 2026-08-10 14:18 | 2026-08-17 11:07 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Resolved-Received
attestation letter showing no affiliates used on transaction. Finding
Resolved. - Due Diligence Vendor-08/17/2026 Ready for Review-See LOX - no affiliated businesses - Due Diligence Vendor-08/14/2026 Counter-Please provide ABA disclosure stating no affiliates were used, finding remains. - Due Diligence Vendor-08/14/2026 Ready for Review-XXXX does not transact with any affiliated businesses. Please waive. - Due Diligence Vendor-08/13/2026 Open-Required Affiliated Business Disclosure Missing Missing Affiliated Business disclosure, unable to test fee tolerance properly. Additional Findings may apply upon receipt. - Due Diligence Vendor-08/10/2026 |
Resolved-Received
attestation letter showing no affiliates used on transaction. Finding
Resolved. - Due Diligence Vendor-08/17/2026 |
Long term residence -
Borrower at current residence for 7+ years Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 16.19 Required is 50 Borrower has 16.19 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 10715906 | |||
| XXXX | 3126537 | D | A | D | A | D | A | A | A | Closed | FCRE1316 | 2026-08-12 16:06 | 2026-08-14 13:28 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Bank statements
provided reflecting recent deposits, which satisfied evidence of employment.
- Due Diligence Vendor-08/14/2026 Ready for Review-There is no VOE to provide as borrower only qualified with Sole Proprietorship / Sch C income. 1099s and business bank statements were provided in the file as well as the UW's income calculation sheet. - Due Diligence Vendor-08/13/2026 Open-Borrower 1 3rd Party VOE Prior to Close Missing - Due Diligence Vendor-08/13/2026 |
Resolved-Bank statements
provided reflecting recent deposits, which satisfied evidence of employment.
- Due Diligence Vendor-08/14/2026 |
Long term residence -
Borrower at current residence for 7+ years Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 16.19 Required is 50 Borrower has 16.19 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 10774438 | ||||
| XXXX | 3130026 | D | A | A | A | D | A | A | A | Closed | finding-47 | 2026-08-10 16:51 | 2026-08-31 09:25 | Resolved | 1 - Information | C | A | Compliance | Right to Rescind | TILA Right of Rescission Test | Resolved-Upon further
review, the document(s) are located in original file, nothing further
required. - Due Diligence
Vendor-08/31/2026 Ready for Review-CT 8/28: Please see the attached remediation with proof of delivery // - Due Diligence Vendor-08/28/2026 Open-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 is before the third business day following consummation.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 §1026.23 or §1026.15, or delivery of all material disclosures, whichever occurs last. ----- The Cancel of Date on the Right to Cancel doc is XXXX and is less than three days from the closing date of XXXX. Three days of Rescission was not provided to borrower. Provide evidence that rescission was re-opened for a full three days. - Due Diligence Vendor-08/10/2026 |
Resolved-Upon further
review, the document(s) are located in original file, nothing further
required. - Due Diligence
Vendor-08/31/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 640
Borrower has 675 Guideline: LTV is less than guideline maximum - Required is 80 Borrower has 75 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 33.61 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 10719442 | |||
| XXXX | 3130026 | D | A | A | A | D | A | A | A | Closed | finding-3352 | 2026-08-10 16:51 | 2026-08-31 09:25 | Resolved | 1 - Information | C | A | Compliance | Points & Fees | Higher-Priced Mortgage Loan Test | Resolved-Loan contains
full appraisal and escrows, meeting HPML compliance. - Due Diligence
Vendor-08/14/2026 Open-This loan failed the higher-priced mortgage loan test. ( 12 CFR § 1026.35(a)(1) )Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. - Due Diligence Vendor-08/10/2026 |
Resolved-Loan contains full
appraisal and escrows, meeting HPML compliance. - Due Diligence
Vendor-08/14/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 640
Borrower has 675 Guideline: LTV is less than guideline maximum - Required is 80 Borrower has 75 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 33.61 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 10719445 | ||||
| XXXX | 3130026 | D | A | A | A | D | A | A | A | Closed | FCOM2630 | 2026-08-10 16:27 | 2026-08-17 13:33 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Attorney Preference Letter | Resolved-File is not high
costs, attorney letter not required. Finding Resolved. - Due Diligence
Vendor-08/17/2026 Ready for Review-CT 8/14: Right to choose attorney is only necessary if the attorney fee is being excluded from high cost, we are not excluding the attorney/settlement closing fee in the XXXX high cost testing - Due Diligence Vendor-08/14/2026 Open-Right To Choose Attorney or Attorney Preference Not In File Missing Attorney Preference - Due Diligence Vendor-08/10/2026 |
Resolved-File is not high
costs, attorney letter not required. Finding Resolved. - Due Diligence
Vendor-08/17/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 640
Borrower has 675 Guideline: LTV is less than guideline maximum - Required is 80 Borrower has 75 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 33.61 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 10718846 | ||||
| XXXX | 3126495 | 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 | Purchase | NA | |||||||||||||||||||
| XXXX | 3125856 | C | A | A | A | A | A | C | A | Closed | FPRO1257 | 2026-08-13 20:19 | 2026-08-17 13:29 | Resolved | 1 - Information | C | A | Property | Value | Primary Property Value is not Substantiated | Resolved-Received UCDP,
Primary Property Value is substantiated - Due Diligence Vendor-08/17/2026 Ready for Review-FNMA SSR - Due Diligence Vendor-08/14/2026 Open-The Primary Property Value is unsubstantiated. Additional valuation product is required. Please provide additional approved valuation product. Note from QC property review doc in file indicates a FNMA SSR report with a CU score of 1.0 was used during the lender's review. FNMA SSR not provided. - Due Diligence Vendor-08/14/2026 |
Resolved-Received UCDP,
Primary Property Value is substantiated - Due Diligence Vendor-08/17/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 660
Borrower has 771 Long term residence - Borrower has been renting at her primary residence for 30 months with no rental lates. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 10807666 | |||
| XXXX | 3126609 | C | A | C | A | A | A | A | A | Closed | FCRE9488 | 2026-08-12 16:05 | 2026-08-26 14:51 | Resolved | 1 - Information | C | A | Credit | Borrower | Potential Occupancy/Current Address Issues identified in the file | Resolved-Received
corrected 1003 to match memo received from originator. XXXX home is primary,
current XXXX home is for sale and subject is replacement 2nd home - Due
Diligence Vendor-08/26/2026 Ready for Review-Updated 1003 - Due Diligence Vendor-08/25/2026 Counter-Received memo that borrowers primary is in XXXX and that the XXXX address was listed for sale. Please provide corrected 1003 showing the correct housing type (primary, investment, 2nd home) - Due Diligence Vendor-08/19/2026 Ready for Review-Please see attached. - Due Diligence Vendor-08/17/2026 Open-The final 1003 lists two primary residences on the REO, one with the same zip code as the subject that is being purchased as a 2nd home - Due Diligence Vendor-08/12/2026 |
Resolved-Received corrected
1003 to match memo received from originator. XXXX home is primary, current
XXXX home is for sale and subject is replacement 2nd home - Due Diligence
Vendor-08/26/2026 |
Guideline: LTV is less than
guideline maximum - Required is 90 Borrower has 80 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 41.72 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 815 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Second Home | Purchase | NA | N/A | N/A | 10774432 | |||
| XXXX | 3126609 | C | A | C | A | A | A | A | A | Closed | FCOM7353 | 2026-08-10 10:57 | 2026-08-17 11:19 | Resolved | 1 - Information | C | A | Credit | Borrower | Clarification of Application Date | Resolved-Rec'd initial
application date. - Due Diligence Vendor-08/17/2026 Ready for Review-Application date sent XXXX, borrowers signed XXXX within the 3 days required. No additional documentation needed please clear or advise further. - Due Diligence Vendor-08/13/2026 Open-Initial Application is dated XXXX. XXXX Process Summary reflect application date as XXXX. Please confirm application date. - Due Diligence Vendor-08/10/2026 |
Resolved-Rec'd initial
application date. - Due Diligence Vendor-08/17/2026 |
Guideline: LTV is less than
guideline maximum - Required is 90 Borrower has 80 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 41.72 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 815 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Second Home | Purchase | NA | N/A | N/A | 10709485 | ||||
| XXXX | 3126933 | C | A | C | A | A | A | A | A | Closed | FCRE1510 | 2026-08-10 14:40 | 2026-08-17 13:25 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Ex A
legal description and 1-4 Family Rider, There are no issues present on the
Mortgage Document (Deed of Trust). - Due Diligence Vendor-08/17/2026 Ready for Review-DOT attached. - Due Diligence Vendor-08/14/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. 1-4 Family Rider and Legal Description Addendum are missing from the Deed of Trust. - Due Diligence Vendor-08/10/2026 |
Resolved-Received Ex A
legal description and 1-4 Family Rider, There are no issues present on the
Mortgage Document (Deed of Trust). - Due Diligence Vendor-08/17/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 700
Borrower has 729 Months Reserves exceed minimum required - 100 months PITIA reserves; 6 months reserves required. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 10716524 | |||
| XXXX | 3130746 | C | A | C | A | A | A | A | A | Closed | FCRE1148 | 2026-08-13 10:59 | 2026-08-19 14:53 | Resolved | 1 - Information | C | A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received Final
Title w/sufficient coverage. - Due Diligence Vendor-08/19/2026 Ready for Review-8/18 RF please see attached - Due Diligence Vendor-08/18/2026 Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). Please provide updated title document that reflects Lender's Title Insurance Coverage equal to the loan amount of XXXX. - Due Diligence Vendor-08/13/2026 |
Resolved-Received Final
Title w/sufficient coverage. - Due Diligence Vendor-08/19/2026 |
Guideline: LTV is less than
guideline maximum - Required is 75 Borrower has 63.33 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 759 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 10788735 | |||
| XXXX | 3129657 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | |||||||||||||||||||
| XXXX | 3128184 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | |||||||||||||||||||
| XXXX | 3131538 | D | A | D | A | A | A | A | A | Closed | FCOM1351 | 2026-08-13 17:22 | 2026-08-25 12:22 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Guaranty Agreement Missing | Resolved-Received guaranty
agreement from both - Due Diligence Vendor-08/19/2026 Ready for Review-Guaranty Agreement - Due Diligence Vendor-08/18/2026 Open-The Subject Loan is a Business Purpose Loan but the Guaranty Agreement Doc is 'Missing'. Missing personal guaranty signed by both members of business entity as Note was signed as members on behalf of XXXX. Other findings may apply. - Due Diligence Vendor-08/13/2026 |
Resolved-Received guaranty
agreement from both - Due Diligence Vendor-08/19/2026 |
Months Reserves exceed
minimum required - Reserves: 53 Min 6 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 772 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 10801297 | |||
| XXXX | 3131538 | D | A | D | A | A | A | A | A | Closed | FCOM1352 | 2026-08-19 11:13 | 2026-08-25 12:22 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Received Business
Purpose & Occupancy Affidavit. - Due Diligence Vendor-08/25/2026 Ready for Review-Business Purpose - Due Diligence Vendor-08/23/2026 Open-The Business Purpose Affidavit Disclosure is Missing Business purpose and Occupancy Affidavit disclosure is missing. - Due Diligence Vendor-08/19/2026 |
Resolved-Received Business
Purpose & Occupancy Affidavit. - Due Diligence Vendor-08/25/2026 |
Months Reserves exceed
minimum required - Reserves: 53 Min 6 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 772 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 10895572 | |||
| XXXX | 3126918 | D | A | D | A | A | A | A | A | Closed | FCRE1336 | 2026-08-14 10:05 | 2026-09-10 15:27 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Award Letter Missing | Resolved-Received clear
copy of payment reflecting single lifetime annuity confirming lifetime
benefit. - Due Diligence
Vendor-09/10/2026 Ready for Review-Legible XXXX Pension - Due Diligence Vendor-09/09/2026 Counter-It appears that the term and monthly payment are shown on document however the document is not very legible, please provide legible copy of Annuity Statement from XXXX - Due Diligence Vendor-08/26/2026 Ready for Review-XXXX Rebuttal - Due Diligence Vendor-08/25/2026 Counter-Received duplicate Payment Verification. Missing verification of benefit or awards letter confirming term of annuity benefit. Must meet Retirement Income guideline requirements. - Due Diligence Vendor-08/20/2026 Ready for Review-Award Letter - Due Diligence Vendor-08/19/2026 Open-Borrower 1 Award Letter Missing For XXXX income missing Copy of statement from the organization providing the income (Pension Annuity), start date, and verify term of income receipt (appears to be "for reamining life"). Additional items may be required - Due Diligence Vendor-08/14/2026 |
Resolved-Received clear
copy of payment reflecting single lifetime annuity confirming lifetime
benefit. - Due Diligence
Vendor-09/10/2026 |
Months Reserves exceed
minimum required - 192 Months Reserves exceed 3 months minimum required Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 775 Required is 680 Borrower has 775 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 39.33 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 10816592 | |||
| XXXX | 3126918 | D | A | D | A | A | A | A | A | Closed | FCRE1295 | 2026-08-14 10:05 | 2026-08-23 14:27 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income 4 Months Income Verified is Missing | Resolved-Received RE Taxes
- Due Diligence Vendor-08/23/2026 Ready for Review-UW Rebuttal - Due Diligence Vendor-08/20/2026 Counter-Insurance and taxes provided for primary residence, please provide taxes, insurance and HOA for XXXX - Due Diligence Vendor-08/18/2026 Ready for Review-Property Docs - Due Diligence Vendor-08/17/2026 Open-Income 4 Months Income Verified is Missing Missing verification of taxes, insurance, and/or HOA fees for non-subject property (3c on final 1003). Additional items may be required - Due Diligence Vendor-08/14/2026 |
Resolved-Received RE Taxes
- Due Diligence Vendor-08/23/2026 |
Months Reserves exceed
minimum required - 192 Months Reserves exceed 3 months minimum required Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 775 Required is 680 Borrower has 775 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 39.33 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 10816591 | |||
| XXXX | 3126918 | D | A | D | A | A | A | A | A | Closed | FCRE1294 | 2026-08-14 10:05 | 2026-08-23 14:24 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income 3 Months Income Verified is Missing | Resolved-Received PITIA
validation - Due Diligence Vendor-08/23/2026 Ready for Review-UW Rebuttal - Due Diligence Vendor-08/20/2026 Counter-Tax and insurance for Primary residence provided, please provide taxes, insurance and HOA verification for XXXX - Due Diligence Vendor-08/18/2026 Ready for Review-Property Docs - Due Diligence Vendor-08/17/2026 Open-Income 3 Months Income Verified is Missing Missing verification of taxes, insurance, and/or HOA fees for non-subject property (3b on final 1003). Additional items may be required - Due Diligence Vendor-08/14/2026 |
Resolved-Received PITIA
validation - Due Diligence Vendor-08/23/2026 |
Months Reserves exceed
minimum required - 192 Months Reserves exceed 3 months minimum required Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 775 Required is 680 Borrower has 775 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 39.33 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 10816590 | |||
| XXXX | 3126918 | D | A | D | A | A | A | A | A | Closed | FCOM1352 | 2026-08-14 08:53 | 2026-08-20 17:10 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Upon further
review, business purpose affidavit is only required on DSCR, Occupancy
affidavit received. - Due Diligence
Vendor-08/20/2026 Ready for Review-UW Rebuttal - Due Diligence Vendor-08/19/2026 Open-The Business Purpose Affidavit Disclosure is Missing Missing fully executed business purpose affidavit - Due Diligence Vendor-08/14/2026 |
Resolved-Upon further
review, business purpose affidavit is only required on DSCR, Occupancy
affidavit received. - Due Diligence
Vendor-08/20/2026 |
Months Reserves exceed
minimum required - 192 Months Reserves exceed 3 months minimum required Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 775 Required is 680 Borrower has 775 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 39.33 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 10815110 | |||
| XXXX | 3126918 | D | A | D | A | A | A | A | A | Closed | FCRE1193 | 2026-08-14 10:21 | 2026-08-20 07:18 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Resolved-After further
review, the reviewer was using an 80% expense factor for the subject instead
of 20%. - Due Diligence Vendor-08/20/2026 Open-Audited DTI of 52.18% exceeds Guideline DTI of 50% - Due Diligence Vendor-08/14/2026 |
Resolved-After further
review, the reviewer was using an 80% expense factor for the subject instead
of 20%. - Due Diligence Vendor-08/20/2026 |
Months Reserves exceed
minimum required - 192 Months Reserves exceed 3 months minimum required Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 775 Required is 680 Borrower has 775 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 39.33 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 10816912 | ||||
| XXXX | 3129198 | D | A | D | A | A | A | A | A | Closed | FCRE1342 | 2026-08-14 07:32 | 2026-08-31 16:58 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Business Bank Statements Missing | Resolved-Received Bank
Statements. - Due Diligence Vendor-08/31/2026 Ready for Review-Please see attached - Due Diligence Vendor-08/26/2026 Open-Borrower 1 Business Bank Statements Missing 12 months bank statements not in file - Due Diligence Vendor-08/14/2026 |
Resolved-Received Bank
Statements. - Due Diligence Vendor-08/31/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 660
Borrower has 762 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 41.74 Guideline: LTV is less than guideline maximum - Required is 85 Borrower has 80 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10813784 | |||
| XXXX | 3129198 | D | A | D | A | A | A | A | A | Closed | FCRE1440 | 2026-08-14 07:39 | 2026-08-28 16:54 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received CD
confirming recent payoff. - Due
Diligence Vendor-08/28/2026 Ready for Review-Please see attached. - Due Diligence Vendor-08/26/2026 Ready for Review-CD from simo close new loan - Due Diligence Vendor-08/26/2026 Counter-Received credit supplement reflecting payment of XXXX. Information does not match pitia considered on final 1003. Missing new loan CD for XXXX confirming mortgage rating and new PITIA - Due Diligence Vendor-08/23/2026 Ready for Review-Please see attached - Due Diligence Vendor-08/20/2026 Open-Housing History Does Not Meet Guideline Requirements primary mortgage not reporting on credit - VOM required - Due Diligence Vendor-08/14/2026 |
Resolved-Received CD
confirming recent payoff. - Due
Diligence Vendor-08/28/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 660
Borrower has 762 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 41.74 Guideline: LTV is less than guideline maximum - Required is 85 Borrower has 80 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10813897 | |||
| XXXX | 3129198 | D | A | D | A | A | A | A | A | Closed | FCRE1483 | 2026-08-14 07:53 | 2026-08-18 16:30 | Resolved | 1 - Information | C | A | Credit | Assets | Asset 5 Does Not Meet Guideline Requirements | Resolved-Received Final
CD. - Due Diligence Vendor-08/18/2026 Ready for Review-Please revisit with attached - Due Diligence Vendor-08/17/2026 Open-Asset 5 Does Not Meet Guideline Requirements missing proof of receipt of funds from refi - Due Diligence Vendor-08/14/2026 |
Resolved-Received Final CD.
- Due Diligence Vendor-08/18/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 660
Borrower has 762 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 41.74 Guideline: LTV is less than guideline maximum - Required is 85 Borrower has 80 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10814188 | |||
| XXXX | 3129714 | C | B | A | A | C | B | A | A | Closed | finding-3634 | 2026-08-12 11:30 | 2026-08-31 10:01 | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Initial 1003 was
XXXX. Finding Resolved. - Due Diligence Vendor-08/31/2026 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 XXXX.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). ----- Zero (0%) tolerance fees increased by XXXX (Loan Level Price Adjustments, Processing Fee, Underwriting Fee, Verification Fee, Appraisal Admin Fee, Appraisal Fee, Credit Report Fee, Flood Certification) without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of XXXX, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Remediation options (1) within 60 days of consummation expires XXXX (2) within 60 days of discovery expires XXXX remains EV2B under TILA 130(b) (3) After 60 days of discovery, no cure, Statute of Limitations - 3 Years; Expiration Date: XXXX remains EV3C - Due Diligence Vendor-08/12/2026 |
Resolved-Initial 1003 was
XXXX. Finding Resolved. - Due Diligence Vendor-08/31/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 41.87 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 788 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10766508 | ||||
| XXXX | 3129714 | C | B | A | A | C | B | A | A | Closed | finding-3367 | 2026-08-12 11:30 | 2026-08-31 09:54 | Resolved | 1 - Information | C | A | Compliance | Disclosure | RESPA Homeownership Counseling Organizations Disclosure Date Test | Resolved-Initial 1003 was
XXXX. Finding Resolved. - Due Diligence Vendor-08/31/2026 Ready for Review-loe - Due Diligence Vendor-08/28/2026 Counter-Initial 1003 in file on Section 9, shows an application date of XXXX. We need disclosure's from that date being sent to the borrower. - Due Diligence Vendor-08/25/2026 Ready for Review-homeownership disclosure tracking - Due Diligence Vendor-08/25/2026 Counter-Pre-approval/ECOA does not show that the Homeowner's Counseling List was provided with the initial application. Please provide a copy of the Homeowner's Counseling List that was provided at time of pre-approval. - Due Diligence Vendor-08/19/2026 Ready for Review-Please revisit page 464 addressing XXXX related to pre-approval/ECOA and RESPA application date is XXXX. Purchase contract is dated XXXX. - Due Diligence Vendor-08/18/2026 Counter-The disclosure tracking located on page 111 - 112 does not reference the Homeowner's Counseling List as one of the documents. Finding Remains. - Due Diligence Vendor-08/18/2026 Ready for Review-Please revisit page 464 pre-approval program information document. ECOA application date XXXX requiring ECOA disclosures, RESPA application date XXXX. Page 111-112 shows sent date XXXX with presumed received date XXXX. page 501-504, homeownership counseling organizations disclosure dated XXXX and disclosure tracking details page 113-114. Application date noted in suspense description appears to be incorrect. Pre-approval letter in file page 539 dated XXXX. Thank you! - Due Diligence Vendor-08/17/2026 Open-This loan failed the homeownership counseling organizations disclosure date test due to the following findings: ( 12 CFR §1024.20(a) )The loan has a homeownership counseling organizations disclosure date that is not within three business days of the loan originator's application date (or the date creditor received application if loan originator's application date is not provided); orThe homeownership counseling organizations disclosure date is after the closing date.Not later than three business days after a lender, mortgage broker, or dealer receives an application, or information sufficient to complete an application, the lender must provide the loan applicant with a clear and conspicuous written list of homeownership counseling organizations that provide relevant counseling services in the loan applicant's location. The list of homeownership counseling organizations distributed to each loan applicant under this section shall be obtained no earlier than 30 days prior to the time when the list is provided to the loan applicant from either:(1)The website maintained by the Bureau for lenders to use in complying with the requirements of this section; or(2)Data made available by the Bureau or HUD for lenders to use in complying with the requirements of this section, provided that the data is used in accordance with instructions provided with the data.This calculation take into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1024.2(b) and as it relates to §1024.20 (list of homeownership counseling organizations provided not later than 3 business days after a loan originator receives an application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:As not being open on Day before Christmas (XXXX)As not being open on SundayAs not being open on Christmas Day (XXXX)As not being open on SaturdayPLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, XXXX calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.Please note: This test does not validate the content of any list of homeownership counseling organizations. ----- Homeownership Counseling List in file is dated XXXX and not provided to borrower within three days of application date of XXXX. - Due Diligence Vendor-08/12/2026 |
Resolved-Initial 1003 was
XXXX. Finding Resolved. - Due Diligence Vendor-08/31/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 41.87 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 788 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10766507 | |||
| XXXX | 3129714 | C | B | A | A | C | B | A | A | Closed | finding-3635 | 2026-08-12 11:30 | 2026-08-31 09:54 | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That In Total Cannot Increase More Than 10% Test | Resolved-Initial 1003 was
XXXX. Finding Resolved. - Due Diligence Vendor-08/31/2026 Ready for Review-per closer the investor review this one again? The closing costs from initial LE to final CD were consistent throughout the life of the loan. There were no increases that required COCs per the investor notes. - Due Diligence Vendor-08/28/2026 Open-This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% (XXXX) exceed the comparable charges ($0.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi). ----- Ten (10%) tolerance fees (Lender's Title Insurance Policy, Notary Fee, Settlement Fee, Title - E-Doc Recording Fee, Title Courier Fee, Recording Fee) increased by XXXX without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of XXXX, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Remediation options (1) within 60 days of consummation expires XXXX (2) within 60 days of discovery expires XXXX remains EV2B under TILA 130(b) (3) After 60 days of discovery, no cure, Statute of Limitations - 3 Years; Expiration Date:XXXX remains EV3C - Due Diligence Vendor-08/12/2026 |
Resolved-Initial 1003 was
XXXX. Finding Resolved. - Due Diligence Vendor-08/31/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 41.87 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 788 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10766511 | ||||
| XXXX | 3129714 | C | B | A | A | C | B | A | A | Closed | finding-3515 | 2026-08-12 11:30 | 2026-08-31 09:54 | Resolved | 1 - Information | C | A | Compliance | TRID | Initial Loan Estimate Delivery Date Test (from application) | Resolved-Initial 1003 was
XXXX. Finding Resolved. - Due Diligence Vendor-08/31/2026 Ready for Review-loe - Due Diligence Vendor-08/28/2026 Counter-Initial 1003 in file on Section 9, shows an application date of XXXX. We need disclosure's from that date being sent to the borrower. - Due Diligence Vendor-08/25/2026 Ready for Review-disclosure tracking - Due Diligence Vendor-08/25/2026 Open-This loan failed the initial loan estimate delivery date test (from application) due to one of the following: ( 12 CFR §1026.19(e)(1)(iii)(A) )The initial loan estimate delivery date is later than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions) after the creditor or broker receives the consumer's written application.Therefore, if additional disclosures are entered into XX, any values that would change under a valid changed circumstance if the initial loan estimate had been delivered timely, will not reset the baseline for tolerance purposes. The comparable fees for this loan will be $0, regardless of the actual values on the disclosure.This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1026.2(a)(6) and as it relates to §1026.19(e)(1)(iii)(A) (initial loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:As not being open on Day before Christmas (XXXX)As not being open on SundayAs not being open on Christmas Day (XXXX)As not being open on SaturdayPLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, XXXX calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.The creditor shall deliver or place in the mail the disclosures required under §1026.19(e)(1)(i) (provision of loan estimate form) not later than the third business day after the creditor receives the consumer's application. ----- Missing initial LE dated within 3 days of Application date. Additional Findings may apply upon receipt. statute of Limitations - 1 year, expiration date XXXX. - Due Diligence Vendor-08/12/2026 |
Resolved-Initial 1003 was
XXXX. Finding Resolved. - Due Diligence Vendor-08/31/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 41.87 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 788 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10766512 | |||
| XXXX | 3129714 | C | B | A | A | C | B | A | A | Closed | finding-3838 | 2026-08-12 11:30 | 2026-08-31 09:54 | Resolved | 1 - Information | C | A | Compliance | ComplianceEase | Written List of Service Providers Disclosure Date Test | Resolved-Initial 1003 was
XXXX. Finding Resolved. - Due Diligence Vendor-08/31/2026 Ready for Review-12/23/25 TBD , loe - Due Diligence Vendor-08/28/2026 Counter-Initial 1003 in file on Section 9, shows an application date of XXXX. We need disclosure's from that date being sent to the borrower. - Due Diligence Vendor-08/25/2026 Ready for Review-sspl - Due Diligence Vendor-08/25/2026 Open-This loan failed the written list of service providers disclosure date test for one or more of the following reasons: ( 12 CFR §1026.19(e)(1)(vi) )The written list of service providers disclosure date is either:Less than the seventh business day (counting all calendar days except Sunday and specified legal public holidays) before consummation of the transaction; orLater than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions)This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1026.19(e)(1)(e)(1)(iii) §1026.2(a)(6) and as it relates to §1026.19(a)(1)(vi) (which references the timing requirements for the loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:As not being open on Day before Christmas (XXXX)As not being open on SundayAs not being open on Christmas Day (XXXX)As not being open on SaturdayPLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.PLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, XXXX calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.If the consumer is permitted to shop for a settlement service, the creditor shall provide the consumer with a written list identifying available providers of that settlement service and stating that the consumer may choose a different provider for that service. The creditor must identify at least one available provider for each settlement service for which the consumer is permitted to shop. The creditor shall provide this written list of settlement service providers separately from the disclosures required by §1026.19(e)(1)(e)(1)(i) but in accordance with the timing requirements in §1026.19(e)(1)(e)(1)(iii). ----- List of Service Providers in file is dated XXXX and not provided to borrower within three days of application date of XXXX. - Due Diligence Vendor-08/12/2026 |
Resolved-Initial 1003 was
XXXX. Finding Resolved. - Due Diligence Vendor-08/31/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 41.87 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 788 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10766513 | |||
| XXXX | 3129714 | C | B | A | A | C | B | A | A | Closed | FCOM1302 | 2026-08-12 11:13 | 2026-08-12 11:13 | Waived | 2 - Non-Material | B | B | Compliance | Disclosure | Home Loan Toolkit Not Provided Within 3 Days of Application Date | Waived-The Home Loan Toolkit was not provided within 3 days of the Application Date (Number of Days Difference is '199'). Originator waiver applied to non-material Findings. - Due Diligence Vendor-08/12/2026 | Waived-The Home Loan
Toolkit was not provided within 3 days of the Application Date (Number of
Days Difference is '199'). Originator waiver applied to non-material
Findings. - Due Diligence Vendor-08/12/2026 |
Qualifying DTI below
maximum allowed - Required is 50 Borrower has 41.87 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 788 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | No | 10765851 | ||||
| XXXX | 3126162 | C | A | C | A | A | A | A | A | Closed | FCRE1193 | 2026-08-17 14:31 | 2026-08-31 15:57 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Resolved-The qualifying
program is 1 year 1099 with additional documentation to support the recent
transition from W2 income to 1099 income and an expense factor of 15% was
required to be used per guidelines. - Due Diligence Vendor-08/31/2026 Ready for Review-Please revisit full UW notes page 1207 addressing reason for bank statements and income history - reflects recently transitioned from W2 to 1099. Loan locked as 12m 1099. The qualifying program is only 1 year 1099, but the additional documentation was provided to show the full story and earnings trend of borrower. Page 1285 of bank statement worksheet referenced addresses in file to show increasing income for 1099 receipt. Seller included and documented W2 income and 1099 history for sufficient information to calculate and demonstrate stable income. Page 1279 LOE addressing where income 1099 income was previously part time. 1099’s paid to LLC and 15% expense factor applied. - Due Diligence Vendor-08/28/2026 Counter-Loan is 12-month bank statement program per income documents in file. Missing CPA letter supporting 15% expense factor. (if loan is just 1-year 1099 income will reduce as W-2 cannot be added to 1099). CPA letter reflecting 15% expense factor (per bank statement worksheet in file) will resolve DTI finding as audit applied 50% expense factor. - Due Diligence Vendor-08/26/2026 Ready for Review-Loan program is 1 year 1099; please see attached UW notes. Utilizing 2025 total average, included W2, though applied 15% expense factor since the 1099 is paid to his LLC - Due Diligence Vendor-08/20/2026 Counter-Received rebuttal. 12 month bank statement program considered in audit. Missing CPA letter supporting 15% expense factor. - Due Diligence Vendor-08/19/2026 Ready for Review-Please revisit, 1099 income, seller GL's address 1099 paid to LLC CPA letter verifying LLC in 100% owned by borrower and 15% expense factor, thank you! - Due Diligence Vendor-08/18/2026 Open-Audited DTI of 54.08% exceeds Guideline DTI of 50% Lender used 15% expense factor but there are no supporting docs uploaded from the CPA to verify. - Due Diligence Vendor-08/17/2026 |
Resolved-The qualifying
program is 1 year 1099 with additional documentation to support the recent
transition from W2 income to 1099 income and an expense factor of 15% was
required to be used per guidelines. - Due Diligence Vendor-08/31/2026 |
Months Reserves exceed
minimum required - required is 3, has 8 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 34.92 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 758 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10853214 | |||
| XXXX | 3126162 | C | A | C | A | A | A | A | A | Closed | FCRE1506 | 2026-08-17 14:22 | 2026-08-31 15:54 | Resolved | 1 - Information | C | A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-The Final
Reviewed QM Status is acceptable. - Due Diligence Vendor-08/31/2026 Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. DTI exceeds maximum allowed and assets verification does not meet guidelines. - Due Diligence Vendor-08/17/2026 |
Resolved-The Final Reviewed
QM Status is acceptable. - Due Diligence Vendor-08/31/2026 |
Months Reserves exceed
minimum required - required is 3, has 8 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 34.92 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 758 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10853055 | ||||
| XXXX | 3126162 | C | A | C | A | A | A | A | A | Closed | FCRE1292 | 2026-08-17 12:50 | 2026-08-31 15:53 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income 1 Months Income Verified is Missing | Resolved-Income 1 Months
Income Verified is Present Or Not Applicable - Due Diligence
Vendor-08/31/2026 Ready for Review-Please revisit full UW notes page 1207 addressing reason for bank statements and income history - reflects recently transitioned from W2 to 1099. Loan locked as 12m 1099. The qualifying program is only 1 year 1099, but the additional documentation was provided to show the full story and earnings trend of borrower. Page 1285 of bank statement worksheet referenced addresses in file to show increasing income for 1099 receipt. Seller included and documented W2 income and 1099 history for sufficient information to calculate and demonstrate stable income. Page 1279 LOE addressing where income 1099 income was previously part time. 1099’s paid to LLC and 15% expense factor applied. - Due Diligence Vendor-08/28/2026 Open-Income 1 Months Income Verified is Missing Provide proof that deposits from XXXX are income. - Due Diligence Vendor-08/17/2026 |
Resolved-Income 1 Months
Income Verified is Present Or Not Applicable - Due Diligence
Vendor-08/31/2026 |
Months Reserves exceed
minimum required - required is 3, has 8 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 34.92 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 758 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10851058 | ||||
| XXXX | 3126162 | C | A | C | A | A | A | A | A | Closed | FCRE1481 | 2026-08-17 14:09 | 2026-08-21 14:11 | Resolved | 1 - Information | C | A | Credit | Assets | Asset 3 Does Not Meet Guideline Requirements | Resolved-Received
Transaction History - Due Diligence Vendor-08/21/2026 Ready for Review-Please see attached - Due Diligence Vendor-08/19/2026 Counter-Received rebuttal. Review is unable to locate the transaction history within file received. Missing history from 6/4-7/6/2026 for XXXX - Due Diligence Vendor-08/19/2026 Ready for Review-Please revisit page 331-336 XXXX and page 341-342 XXXX. Thank you! - Due Diligence Vendor-08/18/2026 Open-Asset Record 3 Does Not Meet G/L Requirements missing history from 6/4-7/6/2026 - Due Diligence Vendor-08/17/2026 |
Resolved-Received
Transaction History - Due Diligence Vendor-08/21/2026 |
Months Reserves exceed
minimum required - required is 3, has 8 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 34.92 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 758 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10852853 | |||
| XXXX | 3126162 | C | A | C | A | A | A | A | A | Closed | FCRE1483 | 2026-08-17 14:09 | 2026-08-21 14:11 | Resolved | 1 - Information | C | A | Credit | Assets | Asset 5 Does Not Meet Guideline Requirements | Resolved-Received one in
the same Affidavit - Due Diligence Vendor-08/21/2026 Ready for Review-Borrower listed on account - Due Diligence Vendor-08/20/2026 Open-Asset 5 Does Not Meet Guideline Requirements Borrower's name on stmt does not match name on file. Provide proof this is out borrower's asset. Additional findings may apply. - Due Diligence Vendor-08/17/2026 |
Resolved-Received one in
the same Affidavit - Due Diligence Vendor-08/21/2026 |
Months Reserves exceed
minimum required - required is 3, has 8 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 34.92 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 758 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10852854 | |||
| XXXX | 3126162 | C | A | C | A | A | A | A | A | Closed | FCRE1484 | 2026-08-17 14:09 | 2026-08-21 14:11 | Resolved | 1 - Information | C | A | Credit | Assets | Asset 6 Does Not Meet Guideline Requirements | Resolved-Received one in
the same Affidavit - Due Diligence Vendor-08/21/2026 Ready for Review-LOE - Due Diligence Vendor-08/20/2026 Open-Asset 6 Does Not Meet Guideline Requirements Borrower's name on stmt does not match name on file. Provide proof this is our borrower's asset. Additional findings may apply. - Due Diligence Vendor-08/17/2026 |
Resolved-Received one in
the same Affidavit - Due Diligence Vendor-08/21/2026 |
Months Reserves exceed
minimum required - required is 3, has 8 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 34.92 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 758 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10852855 | |||
| XXXX | 3126474 | C | A | C | A | A | A | A | A | Closed | FCRE5790 | 2026-08-17 11:28 | 2026-08-21 15:29 | Resolved | 1 - Information | C | A | Credit | Closing | Borrower 1 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date) | Resolved-Received
unexpired Gap Report. - Due Diligence Vendor-08/21/2026 Ready for Review-Credit gap attached - Due Diligence Vendor-08/19/2026 Open-Borrower 1 Gap Credit Report is Expired (Greater than 10 days from Closing/Settlement Date). - Due Diligence Vendor-08/17/2026 |
Resolved-Received unexpired
Gap Report. - Due Diligence Vendor-08/21/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 680
Borrower has 736 Required is 680 Borrower has 736 Guideline: LTV is less than guideline maximum - Required is 85 Borrower has 80 Required is 85 Borrower has 80 |
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 | 10849265 | |||
| XXXX | 3127068 | D | B | D | B | A | A | A | A | Closed | FCRE1506 | 2026-08-17 15:01 | 2026-08-20 17:28 | Resolved | 1 - Information | C | A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-Received PITIA
validation - Due Diligence Vendor-08/20/2026 Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Pending missing additional property verification. - Due Diligence Vendor-08/17/2026 |
Resolved-Received PITIA
validation - Due Diligence Vendor-08/20/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 680
Borrower has 778 Months Reserves exceed minimum required - over 3 months in reserves |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Second Home | Purchase | NA | N/A | N/A | 10853814 | ||||
| XXXX | 3127068 | D | B | D | B | A | A | A | A | Closed | FCRE7497 | 2026-08-17 13:13 | 2026-08-20 17:27 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received 1st
lien, hOI and taxes to mirror PITIA considered in Schedule E worksheet. - Due Diligence Vendor-08/20/2026 Ready for Review-REO Docs - Due Diligence Vendor-08/19/2026 Open-missing XXXX mortgage statement, taxes and HOI for XXXX - Due Diligence Vendor-08/17/2026 |
Resolved-Received 1st lien,
hOI and taxes to mirror PITIA considered in Schedule E worksheet. - Due Diligence Vendor-08/20/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 680
Borrower has 778 Months Reserves exceed minimum required - over 3 months in reserves |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Second Home | Purchase | NA | N/A | N/A | 10851544 | |||
| XXXX | 3127068 | D | B | D | B | A | A | A | A | Closed | FPRO1249 | 2026-08-17 11:08 | 2026-08-17 15:08 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Neighborhood Location Not Allowed for Program | Waived-Originator
exception granted to allow > 20 Acres., (Non- material or Material) waiver
applied with comp factors. - Due Diligence Vendor-08/17/2026 Open-Primary Value Valuation Neighborhood Location Not Allowed for Program over 20 acres - exception in file - Due Diligence Vendor-08/17/2026 |
Waived-Originator exception
granted to allow > 20 Acres., (Non- material or Material) waiver applied
with comp factors. - Due Diligence Vendor-08/17/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 680
Borrower has 778 Months Reserves exceed minimum required - over 3 months in reserves |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Second Home | Purchase | NA | Originator Post-Close | Yes | 10848960 | ||||
| XXXX | 3127323 | D | A | D | A | C | A | A | A | Closed | finding-3542 | 2026-08-18 12:00 | 2026-08-28 12:20 | Resolved | 1 - Information | A | A | Compliance | TRID | Revised Closing Disclosure Delivery Date Test (Waiting Period Required) Test | Resolved-Upon further
review, the document (APR decreased) are located in original file, nothing
further required. - Due Diligence Vendor-08/28/2026 Ready for Review-CT 8/19: Please clarify the specific Closing Disclosure(s) cited so we can better assist - Due Diligence Vendor-08/19/2026 Open-APR and finance charges decreased. - Due Diligence Vendor-08/18/2026 |
Resolved-Upon further
review, the document (APR decreased) are located in original file, nothing
further required. - Due Diligence Vendor-08/28/2026 |
Months Reserves exceed
minimum required - 12 Months Reserves exceed 6 months minimum required Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 12.36 |
QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 10870809 | ||||
| XXXX | 3127323 | D | A | D | A | C | A | A | A | Closed | FCRE1202 | 2026-08-14 16:36 | 2026-08-18 12:35 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report Partially Provided | Resolved-All required
pages of the loan integrity report have been provided. - Due Diligence
Vendor-08/18/2026 Ready for Review-08/17/2026 - XX: All required pages of the loan integrity report have been provided. - Due Diligence Vendor-08/17/2026 Open-Third Party Fraud Report Partially Provided Missing the complete fraud report with all modules. - Due Diligence Vendor-08/14/2026 |
Resolved-All required pages
of the loan integrity report have been provided. - Due Diligence
Vendor-08/18/2026 |
Months Reserves exceed
minimum required - 12 Months Reserves exceed 6 months minimum required Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 12.36 |
XXXX | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 10825971 | |||
| XXXX | 3127323 | D | A | D | A | C | A | A | A | Closed | finding-3352 | 2026-08-13 12:17 | 2026-08-18 12:01 | Resolved | 1 - Information | C | A | Compliance | Points & Fees | Higher-Priced Mortgage Loan Test | Resolved-Loan contains
full appraisal and escrows, meeting HPML compliance. - Due Diligence
Vendor-08/14/2026 Open-This loan failed the higher-priced mortgage loan test. ( 12 CFR § 1026.35(a)(1) )Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. - Due Diligence Vendor-08/13/2026 |
Resolved-Loan contains full
appraisal and escrows, meeting HPML compliance. - Due Diligence
Vendor-08/14/2026 |
Months Reserves exceed
minimum required - 12 Months Reserves exceed 6 months minimum required Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 12.36 |
QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 10791265 | ||||
| XXXX | 3127323 | D | A | D | A | C | A | A | A | Closed | finding-3532 | 2026-08-13 12:17 | 2026-08-18 12:01 | Resolved | 1 - Information | C | A | Compliance | TRID | Initial Closing Disclosure Delivery Date Test | Resolved-Received CD XXXX.
Finding Resolved. - Due Diligence Vendor-08/18/2026 Ready for Review-CT 8/17: Please see the attached // - Due Diligence Vendor-08/17/2026 Open-This loan failed the initial closing disclosure delivery date test due to one of the following findings:( 12 CFR §1026.19(f)(1)(ii) )The initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:"XXXX" or "Electronic Delivery" or blank, and the initial closing disclosure delivery date is less than six business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the initial closing disclosure delivery date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transactionThe creditor shall ensure that the consumer receives the disclosures required under paragraph §1026.19(f)(1)(i) no later than three business days before consummation. ------ Initial CD receipt date of XXXX is less than three business days prior to closing date of XXXX. Statute of Limitations 3 years- Expiration date is XXXX. - Due Diligence Vendor-08/13/2026 |
Resolved-Received CD XXXX.
Finding Resolved. - Due Diligence Vendor-08/18/2026 |
Months Reserves exceed
minimum required - 12 Months Reserves exceed 6 months minimum required Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 12.36 |
XXXX | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 10791264 | |||
| XXXX | 3129738 | C | A | C | A | A | A | A | A | Closed | FCRE8701 | 2026-08-17 10:02 | 2026-08-21 13:53 | Resolved | 1 - Information | C | A | Credit | Borrower | Business Entity Formation Document is Missing | Resolved-The Business
Entity Formation Document is not Missing - Due Diligence Vendor-08/21/2026
Ready for Review-Please see attached - Due Diligence Vendor-08/19/2026 Open-The Business Entity Formation Document is Missing. File is missing Required Documentation: • Operating Agreement or Articles of Incorporation/Organization • Tax Identification Number • Certificate of Good Standing • Single Member or Multiple Member Borrowing Certificate - Due Diligence Vendor-08/17/2026 |
Resolved-The Business
Entity Formation Document is not Missing - Due Diligence Vendor-08/21/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 620
Borrower has 791 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 41.07 Guideline: LTV is less than guideline maximum - Required is 80 Borrower has 70 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 10846898 | |||
| XXXX | 3130242 | C | A | C | A | C | A | A | A | Closed | FCRE5790 | 2026-08-17 09:41 | 2026-08-19 15:46 | Resolved | 1 - Information | C | A | Credit | Closing | Borrower 1 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date) | Resolved-Received UDM -
Due Diligence Vendor-08/19/2026 Ready for Review-Pulled XXXX - Due Diligence Vendor-08/18/2026 Open-Borrower 1 Gap Credit Report is Expired (Greater than 10 days from Closing/Settlement Date). must be within 10 days - Due Diligence Vendor-08/17/2026 |
Resolved-Received UDM - Due
Diligence Vendor-08/19/2026 |
Guideline: LTV is less than
guideline maximum - Required is 80 Borrower has 69.94 Months Reserves exceed minimum required - over 80 months in reserves |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10846482 | |||
| XXXX | 3130512 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | |||||||||||||||||||
| XXXX | 3130569 | C | A | C | A | A | A | A | A | Closed | FCRE1148 | 2026-08-14 13:44 | 2026-08-30 17:21 | Resolved | 1 - Information | C | A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received updated
preliminary title reflecting sufficient coverage. - Due Diligence
Vendor-08/30/2026 Ready for Review-8/27 RF please see attached - Due Diligence Vendor-08/27/2026 Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). Missing copy of the Title Supplement reflecting sufficient coverage. - Due Diligence Vendor-08/14/2026 |
Resolved-Received updated
preliminary title reflecting sufficient coverage. - Due Diligence
Vendor-08/30/2026 |
Credit history exceeds
minimum required - Credit history exceeds minimum required , 0x30>than 99
months Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 5.75 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 10822456 | |||
| XXXX | 3131460 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | |||||||||||||||||||
| XXXX | 3133419 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | |||||||||||||||||||
| XXXX | 3135945 | D | B | D | A | B | B | A | A | Closed | FCRE7497 | 2026-08-17 13:19 | 2026-08-23 14:09 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received PITIA
validation, proof of April and May payments and credit refresh reflects
mortgage - Due Diligence Vendor-08/23/2026 Ready for Review-REO docs attached. - Due Diligence Vendor-08/20/2026 Open-Missing verification of taxes, insurance, and HOA fees for non-subject property for other/owned property located at XXXX. Subject to review, additional conditions may apply. - Due Diligence Vendor-08/17/2026 |
Resolved-Received PITIA
validation, proof of XXXX and XXXX payments and credit refresh reflects
mortgage - Due Diligence Vendor-08/23/2026 |
Months Reserves exceed
minimum required - 48.33 months reserves; 3 months reserves required Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 42.72 Guideline: LTV is less than guideline maximum - Required is 75 Borrower has 65 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10851716 | |||
| XXXX | 3135945 | D | B | D | A | B | B | A | A | Closed | FCRE1506 | 2026-08-17 13:10 | 2026-08-23 14:08 | Resolved | 1 - Information | C | A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-Received PITIA
validation, proof april and may payments made. Credit refresh reflects mortgage - Due
Diligence Vendor-08/23/2026 Ready for Review-REO docs attached. - Due Diligence Vendor-08/20/2026 Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Missing satisfactory verification of mortgage and/or mortgage credit rating, verification of monthly HOA dues amount for other/owned property located at XXXX. Subject to review, additional conditions may apply. - Due Diligence Vendor-08/17/2026 |
Resolved-Received PITIA
validation, proof april and may payments made. Credit refresh reflects mortgage - Due
Diligence Vendor-08/23/2026 |
Months Reserves exceed
minimum required - 48.33 months reserves; 3 months reserves required Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 42.72 Guideline: LTV is less than guideline maximum - Required is 75 Borrower has 65 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10851482 | |||
| XXXX | 3135945 | D | B | D | A | B | B | A | A | Closed | FCOM1301 | 2026-08-13 12:00 | 2026-08-14 14:05 | Waived | 2 - Non-Material | B | B | Compliance | Missing Doc | Home Loan Toolkit is Missing | Waived-The Home Loan Toolkit disclosure is missing. Originator waiver applied to non-material Findings. - Due Diligence Vendor-08/13/2026 | Waived-The Home Loan
Toolkit disclosure is missing. Originator waiver applied to non-material
Findings. - Due Diligence Vendor-08/13/2026 |
Months Reserves exceed
minimum required - 48.33 months reserves; 3 months reserves required Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 42.72 Guideline: LTV is less than guideline maximum - Required is 75 Borrower has 65 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | No | 10790918 | ||||
| XXXX | 3135945 | D | B | D | A | B | B | A | A | Closed | FCOM1267 | 2026-08-14 14:05 | 2026-08-14 14:05 | Waived | 2 - Non-Material | B | B | Compliance | Missing Doc | Homeownership Counseling Disclosure Is Partially Provided | Waived-Homeownership Counseling Disclosure Is Partially Provided (Date Creditor Received Application is XX and Occupancy is Primary Residence) Originator waiver applied to non-material Findings. - Due Diligence Vendor-08/14/2026 | Waived-Homeownership
Counseling Disclosure Is Partially Provided (Date Creditor Received
Application is XXXX and Occupancy is Primary Residence) Originator waiver
applied to non-material Findings. - Due Diligence Vendor-08/14/2026 |
Months Reserves exceed
minimum required - 48.33 months reserves; 3 months reserves required Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 42.72 Guideline: LTV is less than guideline maximum - Required is 75 Borrower has 65 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | No | 10822917 | ||||
| XXXX | 3135945 | D | B | D | A | B | B | A | A | Closed | FCOM5135 | 2026-08-14 14:05 | 2026-08-14 14:05 | Waived | 2 - Non-Material | B | B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material Findings. - Due Diligence Vendor-08/14/2026 | Waived-Required Affiliated
Business Disclosure Missing Originator waiver applied to non-material
Findings. - Due Diligence Vendor-08/14/2026 |
Months Reserves exceed
minimum required - 48.33 months reserves; 3 months reserves required Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 42.72 Guideline: LTV is less than guideline maximum - Required is 75 Borrower has 65 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | No | 10822918 | ||||
| XXXX | 3129084 | C | B | A | A | C | B | A | A | Closed | FCOM0013 | 2026-08-13 07:34 | 2026-08-14 08:38 | Resolved | 1 - Information | C | A | Compliance | Disclosure | Missing e-Consent | Resolved-Rec'd eConsent. -
Due Diligence Vendor-08/14/2026 Ready for Review-E-consent. - Due Diligence Vendor-08/13/2026 Open-Missing e-Consent. Electronic Consent is Missing. Please provide. - Due Diligence Vendor-08/13/2026 |
Resolved-Rec'd eConsent. -
Due Diligence Vendor-08/14/2026 |
Guideline: Qualifying DTI
below maximum allowed - Required is 50 Borrower has 40.96 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 801 Guideline: LTV is less than guideline maximum - Required is 85 Borrower has 80 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10785244 | |||
| XXXX | 3129084 | C | B | A | A | C | B | A | A | Closed | FCOM5135 | 2026-08-13 07:34 | 2026-08-13 07:58 | Waived | 2 - Non-Material | B | B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material Findings. - Due Diligence Vendor-08/13/2026 | Waived-Required Affiliated
Business Disclosure Missing Originator waiver applied to non-material
Findings. - Due Diligence Vendor-08/13/2026 |
Guideline: Qualifying DTI
below maximum allowed - Required is 50 Borrower has 40.96 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 801 Guideline: LTV is less than guideline maximum - Required is 85 Borrower has 80 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | No | 10785242 | ||||
| XXXX | 3127566 | C | B | C | A | B | B | A | A | Closed | FCRE9995 | 2026-08-18 08:42 | 2026-08-27 14:53 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Business Narrative Missing or has issues | Resolved-Received
confirmation from the borrower. No
employees. - Due Diligence Vendor-08/27/2026 Ready for Review-email / LOE No Employees - Due Diligence Vendor-08/25/2026 Open-business narrative is missing Number of full-time employees - Due Diligence Vendor-08/18/2026 |
Resolved-Received
confirmation from the borrower. No
employees. - Due Diligence Vendor-08/27/2026 |
Guideline: Qualifying DTI
below maximum allowed - Required is 50 Borrower has 28.34 Months Reserves exceed minimum required - over 3 months reserves |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10865555 | |||
| XXXX | 3127566 | C | B | C | A | B | B | A | A | Closed | FCOM1302 | 2026-08-14 14:27 | 2026-08-14 14:27 | Waived | 2 - Non-Material | B | B | Compliance | Disclosure | Home Loan Toolkit Not Provided Within 3 Days of Application Date | Waived-The Home Loan Toolkit was not provided within 3 days of the Application Date (Number of Days Difference is '6'). -----Originator waiver applied to non-material Findings. - Due Diligence Vendor-08/14/2026 | Waived-The Home Loan
Toolkit was not provided within 3 days of the Application Date (Number of
Days Difference is '6'). -----Originator waiver applied to non-material
Findings. - Due Diligence Vendor-08/14/2026 |
Guideline: Qualifying DTI
below maximum allowed - Required is 50 Borrower has 28.34 Months Reserves exceed minimum required - over 3 months reserves |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | No | 10823319 | ||||
| XXXX | 3127566 | C | B | C | A | B | B | A | A | Closed | FCOM5135 | 2026-08-14 14:27 | 2026-08-14 14:27 | Waived | 2 - Non-Material | B | B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing -----Originator waiver applied to non-material Findings. - Due Diligence Vendor-08/14/2026 | Waived-Required Affiliated
Business Disclosure Missing -----Originator waiver applied to non-material
Findings. - Due Diligence Vendor-08/14/2026 |
Guideline: Qualifying DTI
below maximum allowed - Required is 50 Borrower has 28.34 Months Reserves exceed minimum required - over 3 months reserves |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | No | 10823320 | ||||
| XXXX | 3128808 | D | A | D | A | A | A | A | A | Closed | FCRE1506 | 2026-08-20 13:47 | 2026-09-04 15:11 | Resolved | 1 - Information | C | A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-Received business
bank statement and REO validation - Due Diligence Vendor-08/30/2026 Ready for Review-Please revisit with XXXX stmt provided - Due Diligence Vendor-08/27/2026 Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Subject to ATR/QM due to cash out being used for personal use. Status pending due to missing bank statement to accurately determine the income. - Due Diligence Vendor-08/20/2026 |
Resolved-Received business
bank statement and REO validation - Due Diligence Vendor-08/30/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 660
Borrower has 781 Months Reserves exceed minimum required - 3 months required. 82.38 months verified reserves. |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 10928965 | ||||
| XXXX | 3128808 | D | A | D | A | A | A | A | A | Closed | FCRE7497 | 2026-08-19 17:13 | 2026-08-30 17:18 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received HOI and
confirmation why RE tax estimate considered.
- Due Diligence Vendor-08/30/2026 Ready for Review-HOI and Tax Bill - Due Diligence Vendor-08/27/2026 Counter-Received re tax calculation. Missing HOI - Due Diligence Vendor-08/25/2026 Ready for Review-Property tax - Due Diligence Vendor-08/24/2026 Open-Provide proof of taxes and insurance for property 3d (3 plex). Additional findings may apply. - Due Diligence Vendor-08/19/2026 |
Resolved-Received HOI and
confirmation why RE tax estimate considered.
- Due Diligence Vendor-08/30/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 660
Borrower has 781 Months Reserves exceed minimum required - 3 months required. 82.38 months verified reserves. |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 10909444 | |||
| XXXX | 3128808 | D | A | D | A | A | A | A | A | Closed | FCRE1345 | 2026-08-19 16:14 | 2026-08-30 17:17 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Lease Agreements Missing | Resolved-Received rent
receipt confirming month to month conversion. - Due Diligence Vendor-08/30/2026 Ready for Review-Attached lease shows XXXX is month to month if Landlord accepts Rent from Tenant. Proof of July payment included - Due Diligence Vendor-08/27/2026 Counter-Received month to month for XXXX. Missing for XXXX - Due Diligence Vendor-08/25/2026 Ready for Review-Lease states that a month to month tenancy shall be created if Landlord accepts from rent from tenant; please see attached proof of rents for XXXX - Due Diligence Vendor-08/24/2026 Open-Borrower 1 Lease Agreements Missing Leases for properties 3D (1 unit) and 3e have expired. Provide copy of extension or month to month. Additional findings may apply. - Due Diligence Vendor-08/19/2026 |
Resolved-Received rent
receipt confirming month to month conversion. - Due Diligence Vendor-08/30/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 660
Borrower has 781 Months Reserves exceed minimum required - 3 months required. 82.38 months verified reserves. |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 10906111 | |||
| XXXX | 3128808 | D | A | D | A | A | A | A | A | Closed | FCRE1165 | 2026-08-19 13:43 | 2026-08-27 14:59 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Flood Insurance Policy Partially Provided | Resolved-Received Flood
Insurance Policy - Due Diligence Vendor-08/27/2026 Ready for Review-Flood insurance - Due Diligence Vendor-08/25/2026 Open-Flood Insurance Policy Partially Provided Document in file is a application and a quote. Provide flood insurance for subject. Additional findings may apply. - Due Diligence Vendor-08/19/2026 |
Resolved-Received Flood
Insurance Policy - Due Diligence Vendor-08/27/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 660
Borrower has 781 Months Reserves exceed minimum required - 3 months required. 82.38 months verified reserves. |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 10899511 | |||
| XXXX | 3128808 | D | A | D | A | A | A | A | A | Closed | FCRE1440 | 2026-08-19 16:39 | 2026-08-25 14:53 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received 1st
payment letter for 3f - Due Diligence Vendor-08/25/2026 Ready for Review-First payment letter - Due Diligence Vendor-08/24/2026 Counter-Received rebuttal. Review was unable to locate validation and acceptable housing history for borrowers primary residence within package received. Finding remains. - Due Diligence Vendor-08/24/2026 Ready for Review-Please revisit page 1633 - first payment letter for XXXX - Due Diligence Vendor-08/21/2026 Open-Housing History Does Not Meet Guideline Requirements Provide documentation supporting the borrowers primary residence. VOR or 1st payment letter needed for property 3f. Note shows a new mortgage. - Due Diligence Vendor-08/19/2026 |
Resolved-Received 1st
payment letter for 3f - Due Diligence Vendor-08/25/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 660
Borrower has 781 Months Reserves exceed minimum required - 3 months required. 82.38 months verified reserves. |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 10908118 | |||
| XXXX | 3128808 | D | A | D | A | A | A | A | A | Closed | FCRE1294 | 2026-08-20 13:33 | 2026-08-25 14:47 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income 3 Months Income Verified is Missing | Resolved-Received annual
lease and rent deposit. - Due
Diligence Vendor-08/25/2026 Ready for Review-Current lease and security deposit - Due Diligence Vendor-08/24/2026 Open-Income 3 Months Income Verified is Missing provide proof property not listed for sale and market rent form for departing primary per policy to use new rental income. Additional findings may apply. - Due Diligence Vendor-08/20/2026 |
Resolved-Received annual
lease and rent deposit. - Due
Diligence Vendor-08/25/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 660
Borrower has 781 Months Reserves exceed minimum required - 3 months required. 82.38 months verified reserves. |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 10928658 | |||
| XXXX | 3128808 | D | A | D | A | A | A | A | A | Closed | FCRE1292 | 2026-08-19 16:14 | 2026-08-25 14:36 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income 1 Months Income Verified is Missing | Resolved-Received Aug 2025
business bank statement - Due Diligence Vendor-08/25/2026 Ready for Review-August 2025 statement - Due Diligence Vendor-08/24/2026 Open-Income 1 Months Income Verified is Missing Missing August 2025 business bank stmt. Additional findings may apply. - Due Diligence Vendor-08/19/2026 |
Resolved-Received XXXX
business bank statement - Due Diligence Vendor-08/25/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 660
Borrower has 781 Months Reserves exceed minimum required - 3 months required. 82.38 months verified reserves. |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 10906109 | |||
| XXXX | 3130584 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | |||||||||||||||||||
| XXXX | 3130629 | 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 | |||||||||||||||||||
| XXXX | 3130833 | C | B | A | A | C | B | A | A | Closed | finding-3634 | 2026-08-14 14:52 | 2026-09-08 14:00 | Cured | 2 - Non-Material | C | B | Compliance | TRID | Charges That Cannot Increase Test | Cured------Received PCCD
XXXX with copy of letter, check and shipping Label. Finding is Cured. - Due
Diligence Vendor-09/08/2026 Ready for Review-Cure Packet shipping soon - Due Diligence Vendor-09/04/2026 Open------ Zero (0%) tolerance fees increased by $152.25 (Appraisal Comparable Rent Schedule and Flood Certification) without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of $152, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Remediation options (1) within 60 days of consummation expires XXXX (2) within 60 days of discovery expires XXXX remains EV2B under TILA 130(b) (3) After 60 days of discovery, no cure, Statute of Limitations - 3 Years; Expiration Date: XXXX remains EV3C. The $0.25 was due to Rounding for Credit Report Fee - Due Diligence Vendor-08/14/2026 |
Cured------Received PCCD
XXXX with copy of letter, check and shipping Label. Finding is Cured. - Due
Diligence Vendor-09/08/2026 |
Months Reserves exceed
minimum required - 58.4 months reserves; 3 months reserves required Guideline: LTV is less than guideline maximum - Required is 85 Borrower has 80 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 809 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 38.56 Long term residence - 7 years at current residence |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10823832 | |||
| XXXX | 3131427 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | |||||||||||||||||||
| XXXX | 3134139 | D | A | D | A | A | A | A | A | Closed | FCRE1205 | 2026-08-18 19:02 | 2026-08-24 12:50 | Resolved | 1 - Information | C | A | Credit | Eligibility | OFAC Check Not Completed and/or Cleared | Resolved-Received updated
fraud report reflecting all interested parties. - Due Diligence
Vendor-08/24/2026 Ready for Review-Full XXXX report uploaded. 63 pages is the full report. Confirmed what was sent in the original date file was not the full report-but only a 1 page excerpt. - Due Diligence Vendor-08/21/2026 Counter-It appears we are missing the full Fraud Report. - Due Diligence Vendor-08/20/2026 Ready for Review-XXXX report contains all interested parties checked and OFAC clear. Please see uploaded response with pages/data noted. Condition satisfied. Please clear. - Due Diligence Vendor-08/19/2026 Open-OFAC Check Not Completed and/or Cleared Missing All Interested Parties Checked with Exclusionary Lists - Due Diligence Vendor-08/18/2026 |
Resolved-Received updated
fraud report reflecting all interested parties. - Due Diligence
Vendor-08/24/2026 |
Guideline: LTV is less than
guideline maximum - Required is 70 Borrower has 36.67 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 640 Borrower has 727 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 10878512 | |||
| XXXX | 3134139 | D | A | D | A | A | A | A | A | Closed | FCOM1352 | 2026-08-18 09:33 | 2026-08-20 14:19 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Received signed
and notarized Business Purpose & Occupancy Affidavit. - Due Diligence
Vendor-08/20/2026 Ready for Review-Fully executed Business Purpose Affidavit - Due Diligence Vendor-08/19/2026 Open-The Business Purpose Affidavit Disclosure is Missing in file but not signed - Due Diligence Vendor-08/18/2026 |
Resolved-Received signed
and notarized Business Purpose & Occupancy Affidavit. - Due Diligence
Vendor-08/20/2026 |
Guideline: LTV is less than
guideline maximum - Required is 70 Borrower has 36.67 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 640 Borrower has 727 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 10866483 | |||
| XXXX | 3129297 | D | A | D | A | A | A | A | A | Closed | FCRE1158 | 2026-08-18 15:50 | 2026-08-20 17:47 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Hazard Insurance Policy is Partial | Resolved-Received XX
rating - Due Diligence Vendor-08/20/2026 Ready for Review-8/19 MM: Please see attached credit report supporting documents - Due Diligence Vendor-08/19/2026 Open-Hazard Insurance Policy (Or HO-6 Insurance Policy if Subject Property is a Condo) is only Partially Provided Missing documentation to support the hazard insurance provider meets the XXXX rating required per guidelines. - Due Diligence Vendor-08/18/2026 |
Resolved-Received XX rating
- Due Diligence Vendor-08/20/2026 |
On time mortgage history
exceeds guideline requirement - Needs 12 months, has on time history since
12/2024. Prior FHA mtg has 0X30 for 70
months. Long term residence - Borrower has resided in current primary for 3 years per the 1003. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 10876548 | |||
| XXXX | 3129606 | 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 | |||||||||||||||||||
| XXXX | 3131976 | C | A | C | A | A | A | A | A | Closed | FCRE1204 | 2026-08-18 09:10 | 2026-08-21 15:14 | Resolved | 1 - Information | C | A | Credit | Eligibility | Fraud Report Shows Uncleared Alerts | Resolved-Received Fraud
Report, high alerts have been documented in the loan or N/A as subject
transaction is a DSCR. - Due Diligence Vendor-08/21/2026 Ready for Review-Fraud is showing all passes - Due Diligence Vendor-08/19/2026 Open-Fraud Report Shows Uncleared Alerts Multiple High alerts that are uncleared including Borrower's reported income varying and potential loan churning. - Due Diligence Vendor-08/18/2026 |
Resolved-Received Fraud
Report, high alerts have been documented in the loan or N/A as subject
transaction is a DSCR. - Due Diligence Vendor-08/21/2026 |
DSCR =/> 1.00 and
minimum is 0.85 or Less - Minimum calculated DSCR allowed is .75%; Borrower
calculated DSCR is 1.128%. Required is 0.75 Borrower has 1.128 Months Reserves exceed minimum required - 91 months reserves; 3 months reserves required. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 10865981 | |||
| XXXX | 3131976 | C | A | C | A | A | A | A | A | Closed | FCRE1440 | 2026-08-18 09:06 | 2026-08-21 15:12 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received payment
history. - Due Diligence Vendor-08/21/2026 Ready for Review-See attached - Due Diligence Vendor-08/19/2026 Open-Housing History Does Not Meet Guideline Requirements Provide 12 month housing history for borrower's primary residence. - Due Diligence Vendor-08/18/2026 |
Resolved-Received payment
history. - Due Diligence Vendor-08/21/2026 |
DSCR =/> 1.00 and
minimum is 0.85 or Less - Minimum calculated DSCR allowed is .75%; Borrower
calculated DSCR is 1.128%. Required is 0.75 Borrower has 1.128 Months Reserves exceed minimum required - 91 months reserves; 3 months reserves required. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 10865902 | |||
| XXXX | 3132600 | 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 | |||||||||||||||||||
| XXXX | 3131394 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | |||||||||||||||||||
| XXXX | 3126828 | B | B | A | A | B | B | A | A | Closed | FCOM1302 | 2026-08-18 13:20 | 2026-08-18 13:26 | Waived | 2 - Non-Material | B | B | Compliance | Disclosure | Home Loan Toolkit Not Provided Within 3 Days of Application Date | Waived-The Home Loan Toolkit was not provided within 3 days of the Application Date (Number of Days Difference is '6'). Originator waiver applied to non-Material Findings - Due Diligence Vendor-08/18/2026 | Waived-The Home Loan
Toolkit was not provided within 3 days of the Application Date (Number of
Days Difference is '6'). Originator waiver applied to non-Material Findings -
Due Diligence Vendor-08/18/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 620
Borrower has 801 Guideline: LTV is less than guideline maximum - Required is 85 Borrower has 65 Guideline: Qualifying DTI below maximum allowed - Required is 55 Borrower has 47.7 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | No | 10872609 | ||||
| XXXX | 3127149 | D | A | D | A | A | A | C | A | Closed | FPRO1257 | 2026-08-27 14:17 | 2026-08-27 14:20 | Resolved | 1 - Information | C | A | Property | Value | Primary Property Value is not Substantiated | Resolved-2000A Two-to-Four
Unit Appraisal Field Review in file supports value - Due Diligence
Vendor-08/27/2026 Open-The Primary Property Value is unsubstantiated. Additional valuation product is required. - Due Diligence Vendor-08/27/2026 |
Resolved-2000A Two-to-Four
Unit Appraisal Field Review in file supports value - Due Diligence
Vendor-08/27/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 680
Borrower has 724 Guideline: LTV is less than guideline maximum - Required is 75 Borrower has 68.57 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 11070729 | ||||
| XXXX | 3127149 | D | A | D | A | A | A | C | A | Closed | FCRE0177 | 2026-08-18 16:38 | 2026-08-20 17:34 | Resolved | 1 - Information | D | A | Credit | Eligibility | Missing Third Party Market Rent Source | Resolved-Received rents
receipt - Due Diligence Vendor-08/20/2026 Ready for Review-8/19 MM: Please see attached checks from the tenants in the amount of XXXX. The rent lease agreement's show that the rent is XXXX. The tenants have provided 2 months of rent. - Due Diligence Vendor-08/19/2026 Open-Missing Third Party Market Rent Source Rent is month to month. Per the guidelines, proof the borrower is receiving rental income from the property. - Due Diligence Vendor-08/18/2026 |
Resolved-Received rents
receipt - Due Diligence Vendor-08/20/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 680
Borrower has 724 Guideline: LTV is less than guideline maximum - Required is 75 Borrower has 68.57 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 10877293 | |||
| XXXX | 3127149 | D | A | D | A | A | A | C | A | Closed | FCRE7009 | 2026-08-18 18:13 | 2026-08-20 17:31 | Resolved | 1 - Information | C | A | Credit | Insurance | Hazard insurance dwelling coverage is not sufficient | Resolved-Received
checklist of coverage. - Due Diligence Vendor-08/20/2026 Ready for Review-8/19 MM: Please see attached HOI policy and RCE document that shows RCE is XXXX - Due Diligence Vendor-08/19/2026 Open-Insufficient Coverage Amount for Insured Subject Property. Loan amount is XXXX, coverage amount is XXXX. - Due Diligence Vendor-08/18/2026 |
Resolved-Received checklist
of coverage. - Due Diligence Vendor-08/20/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 680
Borrower has 724 Guideline: LTV is less than guideline maximum - Required is 75 Borrower has 68.57 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 10878268 | |||
| XXXX | 3127899 | D | A | D | A | A | A | A | A | Closed | FCOM1352 | 2026-09-09 12:22 | 2026-09-28 11:57 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-The Business
Purpose Affidavit Disclosure is not required. The loan is not a DSCR nor
closed in an Entity. - Due Diligence Vendor-09/28/2026 Open-The Business Purpose Affidavit Disclosure is Missing Required per guidelines - Due Diligence Vendor-09/09/2026 |
Resolved-The Business
Purpose Affidavit Disclosure is not required. The loan is not a DSCR nor
closed in an Entity. - Due Diligence Vendor-09/28/2026 |
On time mortgage history
exceeds guideline requirement - Needs 12 months and has over 40 months on 6
accounts. Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 39.92 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 790 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 11276655 | ||||
| XXXX | 3127899 | D | A | D | A | A | A | A | A | Closed | FCRE1295 | 2026-08-20 22:09 | 2026-08-31 16:53 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income 4 Months Income Verified is Missing | Resolved-Award letter and
statements were provided. - Due Diligence Vendor-08/31/2026 Ready for Review-Award letter and bank statements - Due Diligence Vendor-08/27/2026 Counter-Review is unable to validate income of XXXX. XXXX monthly + XXXX does not match. Please provide awards letter for XXXX - Due Diligence Vendor-08/25/2026 Ready for Review-Please revisit pages 2044 and 2047 for March and April deposits, documentation provided was most recent 2 months from application date and were not out of date at time of closing. - Due Diligence Vendor-08/24/2026 Open-Income 4 Months Income Verified is Missing Missing the most recent 2 months bank statements supporting the income and the current award letter or statement. - Due Diligence Vendor-08/21/2026 |
Resolved-Award letter and
statements were provided. - Due Diligence Vendor-08/31/2026 |
On time mortgage history
exceeds guideline requirement - Needs 12 months and has over 40 months on 6
accounts. Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 39.92 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 790 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 10941143 | |||
| XXXX | 3127899 | D | A | D | A | A | A | A | A | Closed | FCRE1293 | 2026-08-20 22:09 | 2026-08-31 16:50 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income 2 Months Income Verified is Missing | Resolved-Award letter and
statements with deposits were provided. - Due Diligence Vendor-08/31/2026 Ready for Review-Award letter and bank statements - Due Diligence Vendor-08/27/2026 Counter-Review was unable to locate awards letter for XXXX monthly - Due Diligence Vendor-08/25/2026 Ready for Review-Please revisit pages 2044 and 2047 for March and April deposits, documentation provided was most recent 2 months from application date and were not out of date at time of closing. - Due Diligence Vendor-08/24/2026 Open-Income 2 Months Income Verified is Missing Missing the most recent 2 months bank statements supporting the income and the current award letter or statement. - Due Diligence Vendor-08/21/2026 |
Resolved-Award letter and
statements with deposits were provided. - Due Diligence Vendor-08/31/2026 |
On time mortgage history
exceeds guideline requirement - Needs 12 months and has over 40 months on 6
accounts. Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 39.92 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 790 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 10941141 | |||
| XXXX | 3127899 | D | A | D | A | A | A | A | A | Closed | FCRE7497 | 2026-08-21 12:53 | 2026-08-31 16:41 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Taxes and 1007
provided for property 3g. - Due Diligence Vendor-08/31/2026 Ready for Review-Market rent and property tax calc - Due Diligence Vendor-08/27/2026 Counter-Received raw land re tax, HOI and HOA. Missing confirmation of RE Taxes considered and lease supporting $7,500 rents - Due Diligence Vendor-08/25/2026 Ready for Review-Taxes, insurance, HOA - Due Diligence Vendor-08/24/2026 Open-Missing verification of taxes insurance and HOA dues for property 3g on the final application. - Due Diligence Vendor-08/21/2026 |
Resolved-Taxes and 1007
provided for property 3g. - Due Diligence Vendor-08/31/2026 |
On time mortgage history
exceeds guideline requirement - Needs 12 months and has over 40 months on 6
accounts. Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 39.92 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 790 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 10956902 | |||
| XXXX | 3127899 | D | A | D | A | A | A | A | A | Closed | FCRE1294 | 2026-08-20 22:09 | 2026-08-25 15:17 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income 3 Months Income Verified is Missing | Resolved-Upon further
review, file conttained XXXX and 2 months receipt. - Due Diligence Vendor-08/25/2026 Ready for Review-Please revisit pages 2044 and 2047 for March and April deposits, documentation provided was most recent 2 months from application date and were not out of date at time of closing. - Due Diligence Vendor-08/24/2026 Open-Income 3 Months Income Verified is Missing Missing the most recent 2 months bank statements supporting the income and the current award letter or statement. - Due Diligence Vendor-08/21/2026 |
Resolved-Upon further
review, file conttained XXXX and 2 months receipt.
- Due Diligence Vendor-08/25/2026 |
On time mortgage history
exceeds guideline requirement - Needs 12 months and has over 40 months on 6
accounts. Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 39.92 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 790 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 10941142 | ||||
| XXXX | 3127908 | D | A | D | A | C | A | A | A | Closed | FCRE1202 | 2026-08-20 12:23 | 2026-08-24 13:46 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report Partially Provided | Resolved-Upon further
review, fraud summary final is acceptable. - Due Diligence Vendor-08/24/2026
Ready for Review-8/21 MWM: please see the attached fraud report. Please note that per the guidelines all required pages have been provided to meet the guidelines. - Due Diligence Vendor-08/21/2026 Open-Third Party Fraud Report Partially Provided Missing full fraud report, only the first few pages were provided. - Due Diligence Vendor-08/20/2026 |
Resolved-Upon further
review, fraud summary final is acceptable. - Due Diligence
Vendor-08/24/2026 |
Guideline: Qualifying DTI
below maximum allowed - Required is 50 Borrower has 28.04 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 712 |
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 | 10926149 | |||
| XXXX | 3127908 | D | A | D | A | C | A | A | A | Closed | FCRE5782 | 2026-08-19 18:02 | 2026-08-24 13:45 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Upon further
review, gap credit is not required. - Due Diligence Vendor-08/24/2026 Ready for Review-8/21 MWM: please note that the credit report attached is current as of closing. Per the guidelines a gap credit report or an additional credit report is not required to be pulled again as long as the current qualifying credit report is still unexpired at the time of closing. I've attached the credit report to support a current credit pull for the borrowers. - Due Diligence Vendor-08/21/2026 Open-Borrower 1 Gap Credit Report is Missing - Due Diligence Vendor-08/19/2026 |
Resolved-Upon further
review, gap credit is not required. - Due Diligence Vendor-08/24/2026 |
Guideline: Qualifying DTI
below maximum allowed - Required is 50 Borrower has 28.04 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 712 |
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 | 10910147 | |||
| XXXX | 3127908 | D | A | D | A | C | A | A | A | Closed | finding-3352 | 2026-08-18 13:29 | 2026-08-20 12:30 | Resolved | 1 - Information | C | A | Compliance | Points & Fees | Higher-Priced Mortgage Loan Test | Resolved-Loan contains
full appraisal and escrows, meeting HPML compliance. - Due Diligence
Vendor-08/20/2026 Open-This loan failed the higher-priced mortgage loan test. ( 12 CFR § 1026.35(a)(1) )Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. - Due Diligence Vendor-08/18/2026 |
Resolved-Loan contains full
appraisal and escrows, meeting HPML compliance. - Due Diligence
Vendor-08/20/2026 |
Guideline: Qualifying DTI
below maximum allowed - Required is 50 Borrower has 28.04 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 712 |
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 | 10872899 | ||||
| XXXX | 3131784 | C | B | C | B | C | A | A | A | Closed | FCOM0014 | 2026-08-20 12:39 | 2026-08-25 11:06 | Resolved | 1 - Information | C | A | Compliance | Closing | Missing evidence appraisal delivered to borrower a minimum of 3 days prior to closing | Resolved-Received
notification of value sent. Finding Resolved. - Due Diligence
Vendor-08/25/2026 Ready for Review-Appraisal Transfer Letter - Due Diligence Vendor-08/25/2026 Open-Missing evidence of appraisal being received 3 or more days prior to closing was not met. - Due Diligence Vendor-08/20/2026 |
Resolved-Received
notification of value sent. Finding Resolved. - Due Diligence
Vendor-08/25/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 680
Borrower has 796 Guideline: LTV is less than guideline maximum - Required is 90 Borrower has 50.6 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 43.04 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10926583 | |||
| XXXX | 3131784 | C | B | C | B | C | A | A | A | Closed | FVAL5474 | 2026-08-20 12:59 | 2026-08-20 15:48 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Condo project is ineligible | Waived-Originator waiver
applied to non material finding with comp factors. - Due Diligence
Vendor-08/20/2026 Open-Non-Warrantable Condo Project Non-warrantable due to pending repairs from XXXX Inspection - Due Diligence Vendor-08/20/2026 |
Waived-Originator waiver
applied to non material finding with comp factors. - Due Diligence
Vendor-08/20/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 680
Borrower has 796 Guideline: LTV is less than guideline maximum - Required is 90 Borrower has 50.6 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 43.04 |
FICO 20 points>program
minimum LTV/CLTV 10% or more below program max Reserves 6 mos above program minimum |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | Yes | 10927779 | |||
| XXXX | 3133689 | C | A | A | A | C | A | A | A | Closed | finding-3634 | 2026-08-18 13:04 | 2026-08-24 11:38 | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Received CD and
COC XXXX. Finding Resolved. - Due Diligence Vendor-08/24/2026 Ready for Review-COC - Due Diligence Vendor-08/21/2026 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 XXXX.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). ----- Zero (0%) tolerance fees increased by XXXX (Appraisal Fee Addt'l Report)) without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of XXXX, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Remediation options (1) within 60 days of consummation expires XXXX (2) within 60 days of discovery expires XXXX remains EV2B under TILA 130(b) (3) After 60 days of discovery, no cure, Statute of Limitations - 3 Years; Expiration Date: XXXX remains EV3C - Due Diligence Vendor-08/18/2026 |
Resolved-Received CD and
COC XXXX. Finding Resolved. - Due Diligence Vendor-08/24/2026 |
Guideline: LTV is less than
guideline maximum - Required is 90 Borrower has 80 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 39.26 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 800 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 10872167 | |||
| XXXX | 3133689 | C | A | A | A | C | A | A | A | Closed | FCOM1270 | 2026-08-18 11:52 | 2026-08-24 11:11 | Resolved | 1 - Information | C | A | Compliance | Disclosure | ARM Disclosure Not Provided Within 3 Days of Application Date | Resolved-ARM Disclosure
was dated within 3 days of change from Fixed rate to ARM XXXX. Finding
Resolved. - Due Diligence Vendor-08/24/2026 Ready for Review-The application was initially fixed rate- see the change of circumstance 8.5 (page 162) showing product changed to an ARM, please revisit. - Due Diligence Vendor-08/24/2026 Open-ARM Disclosure Not Provided Within 3 Days of Application Date -----The ARM Disclosure was provided within 3 days of the application date. The ARM Disclosure was signed by the borrower on XXXX. - Due Diligence Vendor-08/18/2026 |
Resolved-ARM Disclosure was
dated within 3 days of change from Fixed rate to ARM XXXX. Finding Resolved.
- Due Diligence Vendor-08/24/2026 |
Guideline: LTV is less than
guideline maximum - Required is 90 Borrower has 80 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 39.26 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 800 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 10870661 | ||||
| XXXX | 3134829 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | |||||||||||||||||||
| XXXX | 3132822 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | |||||||||||||||||||
| XXXX | 3128361 | C | B | C | B | A | A | A | A | Closed | FCRE0082 | 2026-08-19 10:25 | 2026-08-21 12:09 | Waived | 2 - Non-Material | C | B | Credit | Title | Vested Owner Signature Requirement Not met | Waived-Client exception
granted to allow Delayed Financing, purchased in LLC and borrower is 50%
owner of parent company of LLC, Non- material waiver applied with comp
factors. - Due Diligence Vendor-08/21/2026 Open-Vested Owner Signature Requirement Not met. Lender exception for Delayed Financing, purchased in LLC and borrower is 50% owner of parent company of LLC - Due Diligence Vendor-08/19/2026 |
Waived-Client exception
granted to allow Delayed Financing, purchased in LLC and borrower is 50%
owner of parent company of LLC, Non- material waiver applied with comp
factors. - Due Diligence Vendor-08/21/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 700
Borrower has 767 Required is 700 Borrower has 767 Months Reserves exceed minimum required - 286 Months Reserves exceed 6 months minimum required |
High FICO; high reserves; high DSCR; 0x30x48 mortgage payment history |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Investor Post-Close | No | 10894365 | |||
| XXXX | 3131244 | A | A | A | A | A | A | A | A | A | A | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | |||||||||||||||||||
| XXXX | 3129228 | C | B | C | B | A | A | A | A | Closed | FCRE1194 | 2026-08-21 15:14 | 2026-09-25 16:17 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Client exception
granted to allow 75% LTV with escrows waived, Non-material waiver applied
with comp factors. - Due Diligence Vendor-08/21/2026 Open-Audited LTV of 75% exceeds Guideline LTV of 70% Escrow waiver at 75% LTV. Exception noted in file to allow to 75%. - Due Diligence Vendor-08/21/2026 |
Waived-Client exception
granted to allow 75% LTV with escrows waived, Non-material waiver applied
with comp factors. - Due Diligence Vendor-08/21/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 700
Borrower has 735 Required is 700 Borrower has 735 DSCR =/> 1.00 and minimum is 0.85 or Less - . Required is 0.8 Borrower has 1.082 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Investor Post-Close | No | 10960488 | ||||
| XXXX | 3132522 | 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 | |||||||||||||||||||
| XXXX | 3129810 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | |||||||||||||||||||
| XXXX | 3128793 | D | A | D | A | A | A | A | A | Closed | FCRE1198 | 2026-08-20 14:49 | 2026-08-27 15:32 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Received Final
Settlement statement. Audited Reserves of 13.41 month(s) are greater than or
equal to Guideline Required Reserves of 3 month(s) - Due Diligence
Vendor-08/27/2026 Ready for Review-ATTACHED FINAL XXXX - Due Diligence Vendor-08/25/2026 Open-Audited Reserves of month(s) are less than Guideline Required Reserves of 3 month(s) Per estimated settlement statement in file borrower is receiving sufficient cash out to cover reserves (SHORT XXXX). Condition to be revisited upon receipt of final CD. - Due Diligence Vendor-08/20/2026 |
Resolved-Received Final
Settlement statement. Audited Reserves of 13.41 month(s) are greater than or
equal to Guideline Required Reserves of 3 month(s) - Due Diligence
Vendor-08/27/2026 |
Long term residence - 5
years in primary residence Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 787 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 10930792 | |||
| XXXX | 3128793 | D | A | D | A | A | A | A | A | Closed | FCRE0700 | 2026-08-20 09:04 | 2026-08-27 15:28 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Closing Detail Statement Document is Missing | Resolved-Received Final
Settlement Statement. - Due Diligence Vendor-08/27/2026 Ready for Review-attached - Due Diligence Vendor-08/25/2026 Open-Closing Detail Statement Document is Missing and subject property is an Investment property. - Due Diligence Vendor-08/20/2026 |
Resolved-Received Final
Settlement Statement. - Due Diligence Vendor-08/27/2026 |
Long term residence - 5
years in primary residence Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 787 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 10921103 | |||
| XXXX | 3132993 | D | A | D | A | A | A | A | A | Closed | FCOM1352 | 2026-08-20 16:29 | 2026-08-27 15:24 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Received Business
Purpose & Occupancy Affidavit - Due Diligence Vendor-08/27/2026 Ready for Review-Business Purpose - Due Diligence Vendor-08/25/2026 Open-The Business Purpose Affidavit Disclosure is Missing Provide business purpose & occupancy affidavit per guides. - Due Diligence Vendor-08/20/2026 |
Resolved-Received Business
Purpose & Occupancy Affidavit - Due Diligence Vendor-08/27/2026 |
Guideline: LTV is less than
guideline maximum - Required is 75 Borrower has 70 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 748 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 10935966 | |||
| XXXX | 3125388 | D | A | D | A | C | A | A | A | Closed | FCOM1234 | 2026-08-20 13:05 | 2026-09-03 10:47 | Resolved | 1 - Information | C | A | Compliance | Closing | The Final 1003 is Not Executed | Resolved-Received copy of
executed 1003. Finding Resolved. - Due Diligence Vendor-09/03/2026 Ready for Review-Signed 1003 - Due Diligence Vendor-09/02/2026 Open-The Final 1003 is Not Executed -----Final 1003 is present in file and is not executed. Provide executed Final 1003. - Due Diligence Vendor-08/20/2026 |
Resolved-Received copy of
executed 1003. Finding Resolved. - Due Diligence Vendor-09/03/2026 |
Months Reserves exceed
minimum required - 67 months available Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 678 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10927971 | |||
| XXXX | 3125388 | D | A | D | A | C | A | A | A | Closed | FCRE1506 | 2026-08-21 15:20 | 2026-09-02 16:14 | Resolved | 1 - Information | C | A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-Received income
as liabilities documentation. - Due Diligence Vendor-09/02/2026 Ready for Review-bank statements and liabilities - Due Diligence Vendor-09/01/2026 Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. 1. Missing proof the following was paid in full prior to closing: XXXX 2. A minimum of 12 consecutive months bank statement are required. 11 months provided only. - Due Diligence Vendor-08/21/2026 |
Resolved-Received income as
liabilities documentation. - Due Diligence Vendor-09/02/2026 |
Months Reserves exceed
minimum required - 67 months available Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 678 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10960622 | |||
| XXXX | 3125388 | D | A | D | A | C | A | A | A | Closed | FCRE0200 | 2026-08-24 11:48 | 2026-08-27 18:30 | Resolved | 1 - Information | C | A | Credit | Debt | Missing proof of liability not disclosed on credit report | Resolved-Received less
than 10 payment for XXXX. Review excluded the debt paid at close. - Due
Diligence Vendor-08/27/2026 Ready for Review-XXXX are listed under liabilities on page 2 of final 1003 - Due Diligence Vendor-08/27/2026 Counter-Received clarification XX instalment omitted as less than 10 mos remaining. Missing 1003 and 1008 reflecting XXXX included in DTI. (payments of $367 and $307 will bring ratios over guideline maximum) - Due Diligence Vendor-08/26/2026 Ready for Review-XXXX are included in debt calculations; XXXX was not included due to # of months - Due Diligence Vendor-08/25/2026 Open-Missing proof the following was paid in full prior to closing: XXXX- Due Diligence Vendor-08/24/2026 |
Resolved-Received less than
10 payment for XXXX. Review excluded the debt paid at close. - Due Diligence
Vendor-08/27/2026 |
Months Reserves exceed
minimum required - 67 months available Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 678 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10983181 | |||
| XXXX | 3125388 | D | A | D | A | C | A | A | A | Closed | FCRE1344 | 2026-08-21 14:50 | 2026-08-27 14:51 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Borrower 1 Business Bank Statements Less Than 12 Months Provided | Resolved-Received 12
months bank statements. - Due Diligence Vendor-08/27/2026 Ready for Review-Bank statements - Due Diligence Vendor-08/26/2026 Open-A minimum of 12 consecutive months bank statement are required. 11 months provided only. - Due Diligence Vendor-08/21/2026 |
Resolved-Received 12 months
bank statements. - Due Diligence Vendor-08/27/2026 |
Months Reserves exceed
minimum required - 67 months available Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 678 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10960062 | |||
| XXXX | 3125388 | D | A | D | A | C | A | A | A | Closed | FCRE7497 | 2026-08-24 11:53 | 2026-08-27 14:43 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received
acceptable explanation regarding the PITIA for the departing residence. - Due
Diligence Vendor-08/27/2026 Ready for Review-Please see UW explanation for PITI used for reserves calc - Due Diligence Vendor-08/26/2026 Open-Missing new PITI on departure residence to accurately calculate reserves, CD in file from recent refi is blank and shows no payment. (12 months required.) - Due Diligence Vendor-08/24/2026 |
Resolved-Received
acceptable explanation regarding the PITIA for the departing residence. - Due
Diligence Vendor-08/27/2026 |
Months Reserves exceed
minimum required - 67 months available Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 678 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10983262 | |||
| XXXX | 3125388 | D | A | D | A | C | A | A | A | Closed | FCRE3978 | 2026-08-24 11:41 | 2026-08-26 16:13 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Letter of Explanation (Credit) | Resolved-Received LOE
confirming departing residence to be listed.
- Due Diligence Vendor-08/26/2026 Ready for Review-Borrower LOX - Due Diligence Vendor-08/25/2026 Open-Missing signed letter of intent from borr that they intend to list the departure residence for sale within 90 days of subject transaction. - Due Diligence Vendor-08/24/2026 |
Resolved-Received LOE
confirming departing residence to be listed.
- Due Diligence Vendor-08/26/2026 |
Months Reserves exceed
minimum required - 67 months available Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 678 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10983081 | |||
| XXXX | 3136467 | C | B | C | A | C | B | A | A | Closed | FCOM1353 | 2026-08-21 07:27 | 2026-08-28 17:50 | Waived | 2 - Non-Material | C | B | Compliance | Disclosure | Incorrect ROR Form Type selected | Waived-The Incorrect ROR
Form Type is selected in light of the Same Creditor or Lender Affiliate
Refinance (The Right to Cancel Form Model is 'H8 (New Creditor)' and the Same Creditor or Lender Affiliate Refinance
selection is 'Yes'). ROR Form H8 is acceptable in place of H9 form. Finding
is deemed non-material. Originator waiver applied to non-material
Findings. - Due Diligence Vendor-08/21/2026 |
Waived-The Incorrect ROR
Form Type is selected in light of the Same Creditor or Lender Affiliate
Refinance (The Right to Cancel Form Model is 'H8 (New Creditor)' and the Same Creditor or Lender Affiliate Refinance
selection is 'Yes'). ROR Form H8 is acceptable in place of H9 form. Finding
is deemed non-material. Originator waiver applied to non-material
Findings. - Due Diligence Vendor-08/21/2026 |
Months Reserves exceed
minimum required - 10 months reserves documented, 3 months required Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 37.82 |
QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | Originator Post-Close | Yes | 10947687 | ||||
| XXXX | 3136467 | C | B | C | A | C | B | A | A | Closed | finding-3352 | 2026-08-20 13:35 | 2026-08-21 13:44 | Resolved | 1 - Information | C | A | Compliance | Points & Fees | Higher-Priced Mortgage Loan Test | Resolved-Loan contains
full appraisal and escrows, meeting HPML compliance. - Due Diligence
Vendor-08/21/2026 Open-This loan failed the higher-priced mortgage loan test. ( 12 CFR § 1026.35(a)(1) )Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. - Due Diligence Vendor-08/20/2026 |
Resolved-Loan contains full
appraisal and escrows, meeting HPML compliance. - Due Diligence
Vendor-08/21/2026 |
Months Reserves exceed
minimum required - 10 months reserves documented, 3 months required Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 37.82 |
QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 10928704 | ||||
| XXXX | 3136467 | C | B | C | A | C | B | A | A | Closed | FCRE1148 | 2026-08-21 12:14 | 2026-08-21 13:43 | Resolved | 1 - Information | C | A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Title Coverage
Amount of XXXX is sufficient based on the type of subject lien - Due
Diligence Vendor-08/21/2026 Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). Missing evidence of sufficient coverage for subject loan amount - Due Diligence Vendor-08/21/2026 |
Resolved-Title Coverage
Amount of XXXX is sufficient based on the type of subject lien - Due
Diligence Vendor-08/21/2026 |
Months Reserves exceed
minimum required - 10 months reserves documented, 3 months required Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 37.82 |
QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 10956055 | ||||
| XXXX | 3136467 | C | B | C | A | C | B | A | A | Closed | FCOM1124 | 2026-08-20 13:03 | 2026-08-20 13:41 | Waived | 2 - Non-Material | B | B | Compliance | Data | Borrower 1 Final Signature Date is in the future | Waived-Borrower 1 Final Signature Date is greater than the transaction date of XXXX Originator waiver applied to non-material Findings - Due Diligence Vendor-08/20/2026 | Waived-Borrower 1 Final
Signature Date is greater than the transaction date of XXXX Originator waiver
applied to non-material Findings - Due Diligence Vendor-08/20/2026 |
Months Reserves exceed
minimum required - 10 months reserves documented, 3 months required Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 37.82 |
QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | Originator Post-Close | No | 10927910 | ||||
| XXXX | 3134550 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | |||||||||||||||||||
| XXXX | 3135261 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | |||||||||||||||||||
| XXXX | 3133374 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | |||||||||||||||||||
| XXXX | 3132798 | D | A | D | A | A | A | A | A | Closed | FCRE1506 | 2026-08-24 18:28 | 2026-09-09 15:51 | Resolved | 1 - Information | C | A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-The Final
Reviewed QM Status is acceptable or the loan is a Business Purpose loan. -
Due Diligence Vendor-09/09/2026 Resolved-Received Housing History - Due Diligence Vendor-09/03/2026 Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Missing verification of the borrowers rental history. - Due Diligence Vendor-08/24/2026 |
Resolved-The Final Reviewed
QM Status is acceptable or the loan is a Business Purpose loan. - Due
Diligence Vendor-09/09/2026 Resolved-Received Housing History - Due Diligence Vendor-09/03/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 700
Borrower has 729 Months Reserves exceed minimum required - Verified reserves equal 107.85 months, guidelines require 9 months. |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10992331 | ||||
| XXXX | 3132798 | D | A | D | A | A | A | A | A | Closed | FCRE5782 | 2026-08-24 16:58 | 2026-09-03 14:42 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Received Gap
Report. - Due Diligence Vendor-09/03/2026 Ready for Review-UDM - Due Diligence Vendor-09/02/2026 Open-Borrower 1 Gap Credit Report is Missing Gap Credit Report is Missing, additional conditions may apply, pending review. - Due Diligence Vendor-08/24/2026 |
Resolved-Received Gap
Report. - Due Diligence Vendor-09/03/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 700
Borrower has 729 Months Reserves exceed minimum required - Verified reserves equal 107.85 months, guidelines require 9 months. |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10991171 | |||
| XXXX | 3132798 | D | A | D | A | A | A | A | A | Closed | FCRE1440 | 2026-08-24 18:26 | 2026-09-03 14:42 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received payment
verification. - Due Diligence Vendor-09/03/2026 Ready for Review-please read the rental letters as well - Due Diligence Vendor-09/01/2026 Open-Housing History Does Not Meet Guideline Requirements Borrowers are renting from as private landlord. Missing the 12 months cancelled checks(front and back) to meet the guideline requirement - Due Diligence Vendor-08/24/2026 |
Resolved-Received payment
verification. - Due Diligence Vendor-09/03/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 700
Borrower has 729 Months Reserves exceed minimum required - Verified reserves equal 107.85 months, guidelines require 9 months. |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10992309 | |||
| XXXX | 3136836 | D | B | D | B | C | A | A | A | Closed | FCRE1347 | 2026-08-25 09:38 | 2026-08-30 16:28 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 2 3rd Party VOE Prior to Close Missing | Resolved-Received B2 XXXX
verification. - Due Diligence Vendor-08/30/2026 Ready for Review-B2 was on a leave an was not going back to until the day of closing. We have confirmation of their return to work date. - Due Diligence Vendor-08/27/2026 Open-Borrower 2 3rd Party VOE Prior to Close Missing Missing version dated within 10 business days prior to the note date. (11 days) - Due Diligence Vendor-08/25/2026 |
Resolved-Received B2 XXXX
verification. - Due Diligence Vendor-08/30/2026 |
Long term residence - 5 yrs
at current residence On time mortgage history exceeds guideline requirement - 0x30x24 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 774 Months Reserves exceed minimum required - 24.21 months reserves; 6 months reserves required Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 43.23 Guideline: LTV is less than guideline maximum - Required is 90 Borrower has 80 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 11008414 | |||
| XXXX | 3136836 | D | B | D | B | C | A | A | A | Closed | finding-3532 | 2026-08-21 10:53 | 2026-08-26 08:31 | Resolved | 1 - Information | C | A | Compliance | TRID | Initial Closing Disclosure Delivery Date Test | Resolved-Received initial
CD XXXX. Finding Resolved. - Due Diligence Vendor-08/26/2026 Ready for Review-ICD - Due Diligence Vendor-08/25/2026 Open-This loan failed the initial closing disclosure delivery date test due to one of the following findings:( 12 CFR §1026.19(f)(1)(ii) )The initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:"XXXX" or "Electronic Delivery" or blank, and the initial closing disclosure delivery date is less than six business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the initial closing disclosure delivery date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transactionThe creditor shall ensure that the consumer receives the disclosures required under paragraph §1026.19(f)(1)(i) no later than three business days before consummation. Initial CD receipt date of XXXX is less than three business days prior to closing date of XXXX. Statute of Limitations 3 years- Expiration date is XXXX. - Due Diligence Vendor-08/21/2026 |
Resolved-Received initial
CD XXXX. Finding Resolved. - Due Diligence Vendor-08/26/2026 |
Long term residence - 5 yrs
at current residence On time mortgage history exceeds guideline requirement - 0x30x24 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 774 Months Reserves exceed minimum required - 24.21 months reserves; 6 months reserves required Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 43.23 Guideline: LTV is less than guideline maximum - Required is 90 Borrower has 80 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 10952693 | |||
| XXXX | 3136836 | D | B | D | B | C | A | A | A | Closed | FCRE8201 | 2026-08-24 16:28 | 2026-08-25 09:52 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Client exception
granted, waiver applied with comp factors. - Due Diligence Vendor-08/25/2026
Open-Loan does not conform to program guidelines. Exception for equity in departing residence. Guidelines require 20% (and only have 15%) in order to omit departing residence from DTI. Exception approval provided on file. - Due Diligence Vendor-08/24/2026 |
Waived-Client exception
granted, waiver applied with comp factors. - Due Diligence
Vendor-08/25/2026 |
Long term residence - 5 yrs
at current residence On time mortgage history exceeds guideline requirement - 0x30x24 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 774 Months Reserves exceed minimum required - 24.21 months reserves; 6 months reserves required Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 43.23 Guideline: LTV is less than guideline maximum - Required is 90 Borrower has 80 |
LTV/CLTV 10% or more below
program max(max75%) 0x30x24 housing payment history Reserves 6 mos above program minimum |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | Investor Post-Close | No | 10990523 | |||
| XXXX | 3128685 | D | A | D | A | A | A | A | A | Closed | FCRE1198 | 2026-08-25 15:18 | 2026-09-15 07:33 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-After further
review- lender confirmed guidelines were consolidated and the 2.0 version
dated 03/23/2026 has a section for XXXX which states DU must be followed for
Assets. Reserves Required to be Verified per DU are XXXX PITI = 0.64 mos
total and 0.89 mos are verified. - Due Diligence Vendor-09/10/2026 Counter-Waiting for a response from XXXX on the approved guidelines required to be used on this loan. - Due Diligence Vendor-09/09/2026 Ready for Review-this loan is not locked under XXXX product which requires 3 months reserves. it is locked as XXXX product which appears to state reserves are per du. are you stating that du reserves cannot be used since it returned an ineligible? - Due Diligence Vendor-09/04/2026 Counter-Received rebuttal to follow AUS with regards to reserves. AUS received is ineligible for dti. Missing 3 months reserves as required by guidelines - Due Diligence Vendor-09/02/2026 Ready for Review-Please revisit - XXXX section reflects follow DU for credit, liabilities & assets. - Due Diligence Vendor-09/02/2026 Counter-Per the XXXX Matrix, 3 months reserves are required for loan amount < 1.5 million. - Due Diligence Vendor-09/01/2026 Ready for Review-please advise, reserves should be per DU on this product - Due Diligence Vendor-09/01/2026 Counter-Borrower verified assets totaling XXXX, was required to bring XXXX to closing, so the borrower had $XX left in total assets and reserves required totaled XXXX. Short $XX - Due Diligence Vendor-08/31/2026 Ready for Review-please provide a breakdown of your asset totals and calculations - Due Diligence Vendor-08/27/2026 Open-Audited Reserves of 0.89 month(s) are less than Guideline Required Reserves of 3 month(s) Verified reserves equal 0.89 months, guidelines require 3 months. - Due Diligence Vendor-08/25/2026 |
Resolved-After further
review- lender confirmed guidelines were consolidated and the 2.0 version
dated XXXX has a section for XXXX which states DU must be followed for
Assets. Reserves Required to be Verified per DU are XXXX PITI = 0.64 mos
total and 0.89 mos are verified. - Due Diligence Vendor-09/10/2026 |
Guideline: LTV is less than
guideline maximum - Required is 80 Borrower has 62.11 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 790 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 11018540 | ||||
| XXXX | 3128685 | D | A | D | A | A | A | A | A | Closed | FCRE1316 | 2026-08-25 14:03 | 2026-08-31 16:23 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-VVOEs were
provided within 10 days of the note date - Due Diligence Vendor-08/31/2026
Ready for Review-vvoe's - Due Diligence Vendor-08/31/2026 Open-Borrower 1 3rd Party VOE Prior to Close Missing Missing 3rd Party VVOE dated within 10 business days of the note date. - Due Diligence Vendor-08/25/2026 |
Resolved-VVOEs were
provided within 10 days of the note date - Due Diligence Vendor-08/31/2026 |
Guideline: LTV is less than
guideline maximum - Required is 80 Borrower has 62.11 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 790 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 11016602 | |||
| XXXX | 3128685 | D | A | D | A | A | A | A | A | Closed | FCRE0044 | 2026-08-25 16:03 | 2026-08-31 16:16 | Resolved | 1 - Information | C | A | Credit | Eligibility | File does not contain LOX for credit inquiries | Resolved-LOE was provided.
- Due Diligence Vendor-08/31/2026 Ready for Review-loe - Due Diligence Vendor-08/27/2026 Open-LOX for credit inquiries is missing. Missing the required letter of explanation for the credit inquiries. - Due Diligence Vendor-08/25/2026 |
Resolved-LOE was provided.
- Due Diligence Vendor-08/31/2026 |
Guideline: LTV is less than
guideline maximum - Required is 80 Borrower has 62.11 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 790 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 11020102 | |||
| XXXX | 3128685 | D | A | D | A | A | A | A | A | Closed | FCRE5790 | 2026-08-25 14:12 | 2026-08-28 16:11 | Resolved | 1 - Information | C | A | Credit | Closing | Borrower 1 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date) | Resolved-Upon further
review, gap credit received. - Due
Diligence Vendor-08/28/2026 Ready for Review-Please revisit, no requirement for gap credit report date to be dated within 10 days of closing. - Due Diligence Vendor-08/26/2026 Open-Borrower 1 Gap Credit Report is Expired (Greater than 10 days from Closing/Settlement Date). UDM is dated XXXX which is 17 days prior to note date of XXXX. - Due Diligence Vendor-08/25/2026 |
Resolved-Upon further
review, gap credit received. - Due
Diligence Vendor-08/28/2026 |
Guideline: LTV is less than
guideline maximum - Required is 80 Borrower has 62.11 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 790 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 11016833 | ||||
| XXXX | 3131166 | D | B | D | A | B | B | A | A | Closed | FCOM5135 | 2026-08-24 08:51 | 2026-09-10 13:01 | 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-08/24/2026 | Waived-Required Affiliated
Business Disclosure Missing Client waiver applied to non-material Findings. -
Due Diligence Vendor-08/24/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 680
Borrower has 781 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 32.61 Guideline: LTV is less than guideline maximum - Required is 80 Borrower has 63.08 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | Investor Post-Close | No | 10979744 | ||||
| XXXX | 3131166 | D | B | D | A | B | B | A | A | Closed | FCRE0044 | 2026-08-25 10:12 | 2026-09-01 14:45 | Resolved | 1 - Information | C | A | Credit | Eligibility | File does not contain LOX for credit inquiries | Resolved-Received LOX from
borrower - Due Diligence
Vendor-09/01/2026 Ready for Review-credit inq. LOE for XXXX- Due Diligence Vendor-08/31/2026 Open-LOX for credit inquiries is missing. Provide an LOX for inquiries from XXXX. - Due Diligence Vendor-08/25/2026 |
Resolved-Received LOX from
borrower - Due Diligence
Vendor-09/01/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 680
Borrower has 781 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 32.61 Guideline: LTV is less than guideline maximum - Required is 80 Borrower has 63.08 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 11009239 | |||
| XXXX | 3131166 | D | B | D | A | B | B | A | A | Closed | FCRE3978 | 2026-08-25 10:07 | 2026-09-01 14:41 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Letter of Explanation (Credit) | Resolved-Received divorce
decree w/ child support. added child support to DTI - Due Diligence
Vendor-09/01/2026 Ready for Review-LOE from UW and borrower on child support & DD attached - Due Diligence Vendor-09/01/2026 Ready for Review-Please revisit page 265 LOE and court documents beginning on page 266. Thank you! - Due Diligence Vendor-08/31/2026 Open-There is a recurring line item for child support on borrower bank statements - need supporting documentation. Additional conditions may apply, pending review. - Due Diligence Vendor-08/25/2026 |
Resolved-Received XXXX.
added child support to DTI - Due Diligence Vendor-09/01/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 680
Borrower has 781 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 32.61 Guideline: LTV is less than guideline maximum - Required is 80 Borrower has 63.08 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 11009107 | |||
| XXXX | 3134889 | C | A | C | A | A | A | A | A | Closed | FCRE1278 | 2026-08-26 11:04 | 2026-08-31 16:27 | Resolved | 1 - Information | C | A | Credit | Eligibility | Escrow waiver guidelines were not met | Resolved-Per Fannie Mae
section 2015-7: The requirement for a separate escrow waiver disclosure has
been removed from the Selling Guide because a similar disclosure is now part
of the Closing Disclosure. - Due Diligence
Vendor-08/31/2026 Ready for Review-CT 8/27: Disagree, pg.4 of the Final Closing Disclosure refers to the escrow waiver. Per SEL-2015-7 the requirement for a separate escrow waiver disclosure has been removed from the Selling Guide because a similar disclosure is now part of the Closing Disclosure. - Due Diligence Vendor-08/27/2026 Open-Subject has no escrows, missing the escrow waiver. - Due Diligence Vendor-08/26/2026 |
Resolved-Per XXXX section
2015-7: The requirement for a separate escrow waiver disclosure has been
removed from the Selling Guide because a similar disclosure is now part of
the Closing Disclosure. - Due
Diligence Vendor-08/31/2026 |
Months Reserves exceed
minimum required - Verified reserves equal 26.94 months, guidelines require 3
months. Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 797 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 11037256 | ||||
| XXXX | 3125217 | C | B | A | A | C | B | A | A | Closed | FCOM0013 | 2026-08-24 11:18 | 2026-08-26 08:34 | Resolved | 1 - Information | C | A | Compliance | Disclosure | Missing e-Consent | Resolved-Received
E-Consent Form. Finding Resolved. - Due Diligence Vendor-08/26/2026 Ready for Review-esign - Due Diligence Vendor-08/25/2026 Open-Missing e-Consent. ----- Missing proof e-consent was received and agreed upon by borrowers. - Due Diligence Vendor-08/24/2026 |
Resolved-Received E-Consent
Form. Finding Resolved. - Due Diligence Vendor-08/26/2026 |
Guideline: Qualifying DTI
below maximum allowed - Required is 50 Borrower has 23.02 Required is 50
Borrower has 23.02 Guideline: LTV is less than guideline maximum - Required is 75 Borrower has 62.92 Required is 75 Borrower has 62.92 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 10982717 | |||
| XXXX | 3125217 | C | B | A | A | C | B | A | A | Closed | FCOM1353 | 2026-08-24 11:18 | 2026-08-24 12:16 | Waived | 2 - Non-Material | B | B | Compliance | Disclosure | Incorrect ROR Form Type selected | Waived-The Incorrect ROR
Form Type is selected in light of the Same Creditor or Lender Affiliate
Refinance (The Right to Cancel Form Model is 'H8 (New Creditor)' and the Same Creditor or Lender Affiliate Refinance
selection is 'Yes'). -----ROR Form H8 is acceptable in place of H9 form.
Finding is deemed non-material. Originator waiver applied to non-material
Findings. - Due Diligence Vendor-08/24/2026 |
Waived-The Incorrect ROR
Form Type is selected in light of the Same Creditor or Lender Affiliate
Refinance (The Right to Cancel Form Model is 'H8 (New Creditor)' and the Same Creditor or Lender Affiliate Refinance
selection is 'Yes'). -----ROR Form H8 is acceptable in place of H9 form.
Finding is deemed non-material. Originator waiver applied to non-material
Findings. - Due Diligence Vendor-08/24/2026 |
Guideline: Qualifying DTI
below maximum allowed - Required is 50 Borrower has 23.02 Required is 50
Borrower has 23.02 Guideline: LTV is less than guideline maximum - Required is 75 Borrower has 62.92 Required is 75 Borrower has 62.92 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | Originator Post-Close | No | 10982716 | ||||
| XXXX | 3129369 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | |||||||||||||||||||
| XXXX | 3133518 | D | A | D | A | A | A | A | A | Closed | FCRE5782 | 2026-08-25 10:36 | 2026-09-14 09:29 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Received
confirmation gap credit is not required. - Due Diligence Vendor-08/28/2026
Ready for Review-8/26 AMB: Please note that the loan product guidelines that were agreed upon between XXXX and the investor do not require a gap credit report. The credit report that was used to qualify the loan is acceptable documentation for evidence of the borrower's debts and nothing additional is required. - Due Diligence Vendor-08/26/2026 Open-Borrower 1 Gap Credit Report is Missing. A gap credit or Undisclosed Debt Monitoring report is required no more than 10 days prior to loan closing or any time after closing. Any new debt must be included in determining the DTI ratio and any new inquiries must be addressed. - Due Diligence Vendor-08/25/2026 |
Resolved-Received
confirmation gap credit is not required. - Due Diligence Vendor-08/28/2026 |
Months Reserves exceed
minimum required - 19.11 months reserves; 6 months reserves required Long term residence - 23 yrs at current residence Guideline: Qualifying DTI below maximum allowed - Required is 55 Borrower has 34.8 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Second Home | Purchase | NA | N/A | N/A | 11009772 | ||||
| XXXX | 3133518 | D | A | D | A | A | A | A | A | Closed | FCRE1148 | 2026-08-25 09:13 | 2026-09-08 15:38 | Resolved | 1 - Information | C | A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received updated
preliminary title reflecting sufficient coverage. - Due Diligence
Vendor-09/08/2026 Ready for Review-9/4 SW- see attached - Due Diligence Vendor-09/04/2026 Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). Provide title supplement page reflecting final loan amount - Due Diligence Vendor-08/25/2026 |
Resolved-Received updated
preliminary title reflecting sufficient coverage. - Due Diligence
Vendor-09/08/2026 |
Months Reserves exceed
minimum required - 19.11 months reserves; 6 months reserves required Long term residence - 23 yrs at current residence Guideline: Qualifying DTI below maximum allowed - Required is 55 Borrower has 34.8 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Second Home | Purchase | NA | N/A | N/A | 11007794 | |||
| XXXX | 3133518 | D | A | D | A | A | A | A | A | Closed | FCRE1202 | 2026-08-25 15:21 | 2026-08-26 13:32 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report Partially Provided | Resolved-Third Party Fraud
Report is fully present. After further review the fraud report is acceptable.
- Due Diligence Vendor-08/26/2026 Open-Third Party Fraud Report Partially Provided. Missing all pages of the Fraud Report. - Due Diligence Vendor-08/25/2026 |
Resolved-Third Party Fraud
Report is fully present. After further review the fraud report is acceptable.
- Due Diligence Vendor-08/26/2026 |
Months Reserves exceed
minimum required - 19.11 months reserves; 6 months reserves required Long term residence - 23 yrs at current residence Guideline: Qualifying DTI below maximum allowed - Required is 55 Borrower has 34.8 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Second Home | Purchase | NA | N/A | N/A | 11018619 | ||||
| XXXX | 3128856 | C | A | C | A | A | A | A | A | Closed | FCRE8013 | 2026-08-25 09:40 | 2026-08-31 16:14 | Resolved | 1 - Information | C | A | Credit | Eligibility | Purchase Contract Issue | Resolved-Purchase Contract
is not partially provided. - Due Diligence Vendor-08/31/2026 Ready for Review-PURCHASE CONTRACT - Due Diligence Vendor-08/28/2026 Open-Loan Purpose is Purchase but Purchase Contract is only Partially Provided. Missing pages for "Original offer" of purchase contract - Due Diligence Vendor-08/25/2026 |
Resolved-Purchase Contract
is not partially provided. - Due Diligence Vendor-08/31/2026 |
Guideline: LTV is less than
guideline maximum - Required is 70 Borrower has 50.05 Required is 70 Borrower
has 50.05 DSCR =/> 1.00 and minimum is 0.85 or Less - Required is 0.75 Borrower has 1.72 Required is 0.75 Borrower has 1.72 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 769 Required is 700 Borrower has 769 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 11008455 | |||
| XXXX | 3136143 | D | A | D | A | A | A | A | A | Closed | FCRE1158 | 2026-08-24 20:59 | 2026-08-27 18:15 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Hazard Insurance Policy is Partial | Resolved-Received A+
rating from XXXX. - Due Diligence Vendor-08/27/2026 Ready for Review-8/26 MWM: please see the attached XXXX documentation that confirms the insurance company listed on the insurance policy is an acceptable rating. - Due Diligence Vendor-08/26/2026 Open-Hazard Insurance Policy (Or HO-6 Insurance Policy if Subject Property is a Condo) is only Partially Provided Missing proof hazard insurance policy meets lenders carrier rating requirements - Due Diligence Vendor-08/25/2026 |
Resolved-Received A+ rating
from XXXX. - Due Diligence Vendor-08/27/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 680
Borrower has 748 Required is 680 Borrower has 748 Guideline: LTV is less than guideline maximum - Required is 75 Borrower has 63 Required is 75 Borrower has 63 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 10994668 | |||
| XXXX | 3131526 | D | A | D | A | A | A | A | A | Closed | FCRE1198 | 2026-08-25 12:23 | 2026-09-03 17:05 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Received title
receipts for secured new note on XXXX.
Private party note with funds sent directly to title. - Due Diligence
Vendor-09/03/2026 Ready for Review-9/2 MWM: please see the attached documentation. Please note that the funds of XXXX are both coming from XXXX. Please note that wire details in both receipts from the title company. Additionally, I've attached the source documentation from the secured loan note. Please note that this loan agreement has funds being sent to the borrower in the amount of XXXX being sent and the borrower getting a loan from the same XXXX, we have the funds fully sourced and documented. Please see the note from XXXX as the lender and the two wire receipts that both show the funds coming from XXXXr. The funds were never disbursed prior to closing and the borrower was requesting that the loan sent directly to title at closing. Since the loan is secured we are within the allowable guidelines. - Due Diligence Vendor-09/02/2026 Counter-Post close wire provided, however it is not source. Source document must be dated prior to closing. Finding remains. - Due Diligence Vendor-09/01/2026 Ready for Review-8/28 MWM: please see the attached wire receipt from title to support the additional funds of XXXX sent directly to title. With this sourced, we have sufficient funds to document the required cash to close and reserves. - Due Diligence Vendor-08/28/2026 Counter-Assets provided have already been review, it appears we are missing evidence of the EMD of XXXX - Due Diligence Vendor-08/27/2026 Ready for Review-8/26 MWM: please see the attached bank statements to support the reserves for the transaction. I've attached the XXXX bank statement with the funds of XXXX - Due Diligence Vendor-08/26/2026 Open-Audited Reserves of month(s) are less than Guideline Required Reserves of 6 month(s) no verified reserves, guidelines required 6 months. Short funds to close. - Due Diligence Vendor-08/25/2026 |
Resolved-Received title
receipts for secured new note on XXXX.
Private party note with funds sent directly to title. - Due Diligence
Vendor-09/03/2026 |
Guideline: Qualifying DTI
below maximum allowed - Required is 50 Borrower has 9.42 Months Reserves exceed minimum required - Reserves = 22 months – Required Reserves = 6 Months |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 11013601 | |||
| XXXX | 3131526 | D | A | D | A | A | A | A | A | Closed | FCRE9501 | 2026-08-25 11:55 | 2026-09-03 17:04 | Resolved | 1 - Information | C | A | Credit | Assets | Total Qualified Assets Post-Close is Less than $0 | Resolved-Received title
receipts for secured new note on XXXX.
Private party note with funds sent directly to title. - Due Diligence
Vendor-09/03/2026 Ready for Review-9/2 MWM: please see the attached documentation. Please note that the funds of XXXX are both coming from XXXX. Please note that wire details in both receipts from the title company. Additionally, I've attached the source documentation from the secured loan note. Please note that this loan agreement has funds being sent to the borrower in the amount of XXXX being sent and the borrower getting a loan from the same XXXX, we have the funds fully sourced and documented. Please see the note from XXXX as the lender and the two wire receipts that both show the funds coming from XXXX. The funds were never disbursed prior to closing and the borrower was requesting that the loan sent directly to title at closing. Since the loan is secured we are within the allowable guidelines to document and the additional bank statements received help support the remaining cash to close and required reserves. - Due Diligence Vendor-09/02/2026 Counter-Post close wire provided, however it is not source. Source document must be dated prior to closing. Finding remains. - Due Diligence Vendor-09/01/2026 Ready for Review-8/28 MWM: please see the attached wire receipt from title to support the additional funds of XXXX sent directly to title. With this sourced, we have sufficient funds to document the required cash to close and reserves. - Due Diligence Vendor-08/28/2026 Counter-Assets provided have already been review, it appears we are missing evidence of the EMD of XXXX - Due Diligence Vendor-08/27/2026 Ready for Review-8/26 MWM: please see the attached loan agreement. Please note that the borrower is using funds from a loan agreement in the amount of XXXX towards the cash to close. With these funds being sent to title along with the remainder from XXXX, we have documented sufficient funds and reserves. - Due Diligence Vendor-08/26/2026 Open-Total Qualified Assets Post-Close amount is 'XXXX'. Assets are Insufficient. Short funds to close by XXXX. - Due Diligence Vendor-08/25/2026 |
Resolved-Received title
receipts for secured new note on XXXX.
Private party note with funds sent directly to title. - Due Diligence
Vendor-09/03/2026 |
Guideline: Qualifying DTI
below maximum allowed - Required is 50 Borrower has 9.42 Months Reserves exceed minimum required - Reserves = 22 months – Required Reserves = 6 Months |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 11012767 | |||
| XXXX | 3131526 | D | A | D | A | A | A | A | A | Closed | FCRE7497 | 2026-08-25 16:37 | 2026-08-28 16:28 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received property
profile reflecting LLC as owner. -
Due Diligence Vendor-08/28/2026 Ready for Review-8/26 MWM: please see the attached open lien and property detail report. Please note that the borrower is not personally obligated on the property, so the borrower would not be obligated for the taxes and insurance with the property. Per the guidelines, if the borrower is obligated or vested on title, we would need to confirm the insurance however since the borrower is not obligated on title, we would not need the insurance for the property in question. - Due Diligence Vendor-08/26/2026 Open-Missing verification of hazard insurance for property 3c. - Due Diligence Vendor-08/25/2026 |
Resolved-Received property
profile reflecting LLC as owner. -
Due Diligence Vendor-08/28/2026 |
Guideline: Qualifying DTI
below maximum allowed - Required is 50 Borrower has 9.42 Months Reserves exceed minimum required - Reserves = 22 months – Required Reserves = 6 Months |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 11020877 | |||
| XXXX | 3131889 | D | A | D | A | A | A | A | A | Closed | FCRE7497 | 2026-08-25 17:40 | 2026-09-14 14:11 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received HOA
confirmation. - Due Diligence Vendor-09/14/2026 Ready for Review-Appraisal for XXXX showing no HOA - Due Diligence Vendor-09/11/2026 Counter-Received HOA for subject property. Missing HOA validation for XXXX - Due Diligence Vendor-09/04/2026 Ready for Review-Doc - Due Diligence Vendor-09/03/2026 Open-Verification of HOA for property 3a is missing. - Due Diligence Vendor-08/25/2026 |
Resolved-Received HOA
confirmation. - Due Diligence Vendor-09/14/2026 |
Residual Income =/> 1.5
times $XX monthly residual income - Residual Income =/> 1.5 times $XX
monthly residual income - Qualifying residual income = XXXX; minimum required
NONE Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 803 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 11022457 | |||
| XXXX | 3129678 | D | A | D | A | C | A | A | A | Closed | FCRE8887 | 2026-08-26 11:15 | 2026-09-04 16:24 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing or Incomplete 1003 | Resolved-1003 provided. -
Due Diligence Vendor-09/04/2026 Ready for Review-revised 1003 - Due Diligence Vendor-08/27/2026 Open-Business name on 1003 does not match the CPA letter or bank statements supplied, lender to clarify the discrepancy. - Due Diligence Vendor-08/26/2026 |
Resolved-1003 provided. -
Due Diligence Vendor-09/04/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 660
Borrower has 771 Guideline: LTV is less than guideline maximum - Required is 80 Borrower has 61.42 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 11037667 | |||
| XXXX | 3129678 | D | A | D | A | C | A | A | A | Closed | FCRE1506 | 2026-08-26 11:05 | 2026-09-04 16:24 | Resolved | 1 - Information | C | A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-income docs
provided. - Due Diligence Vendor-09/04/2026 Ready for Review-income calc and bank stmt - Due Diligence Vendor-08/27/2026 Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Missing a full 12 months of the most recent bank statements for the qualifying business. Missing 08/2025 and 01/2026 to 05/2026 statements. Per lender's worksheet they only used a total of 6 months worth of income divided over 12 months. This does not provide an accurate representation of the business cash flow including possible decreasing trends. - Due Diligence Vendor-08/26/2026 |
Resolved-income docs
provided. - Due Diligence Vendor-09/04/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 660
Borrower has 771 Guideline: LTV is less than guideline maximum - Required is 80 Borrower has 61.42 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 11037270 | |||
| XXXX | 3129678 | D | A | D | A | C | A | A | A | Closed | FCRE1342 | 2026-08-26 10:53 | 2026-08-31 09:58 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Business Bank Statements Missing | Resolved-Received Bank
Statement. - Due Diligence Vendor-08/31/2026 Ready for Review-bank smt - Due Diligence Vendor-08/27/2026 Open-Borrower 1 Business Bank Statements Missing Missing a full 12 months of the most recent bank statements for the qualifying business. Missing 08/2025 and 01/2026 to 05/2026 statements. Per lender's worksheet they only used a total of 6 months worth of income divided over 12 months. This does not provide an accurate representation of the business cash flow including possible decreasing trends. - Due Diligence Vendor-08/26/2026 |
Resolved-Received Bank
Statement. - Due Diligence Vendor-08/31/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 660
Borrower has 771 Guideline: LTV is less than guideline maximum - Required is 80 Borrower has 61.42 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 11037054 | |||
| XXXX | 3129678 | D | A | D | A | C | A | A | A | Closed | finding-3625 | 2026-08-24 09:38 | 2026-08-31 09:39 | Resolved | 1 - Information | C | A | Compliance | TRID | TRID "Section B. Services You Cannot Shop For / Services Borrower Did Not Shop For" Validation Test | Resolved-Received PCCD
XXXX correcting payee in Section B. Finding Resolved. - Due Diligence
Vendor-08/31/2026 Ready for Review-pccd - Due Diligence Vendor-08/28/2026 Open-This loan failed the TRID "Section B. Services You Cannot Shop For / Services Borrower Did Not Shop For" validation test.This loan contains a fee or fees where "compensation to" is set to the lender or broker but this fee or fees should not be retained by the lender or broker."Section B. Services You Cannot Shop For / Services Borrower Did Not Shop For" should contain an itemization of each amount, and a subtotal of all such amounts, the consumer will pay for settlement services for which the consumer cannot shop in accordance with Regulation Z and that are provided by persons other than the creditor or mortgage broker. -----Document Preparation Fee and Investor Funding Fee in section B is payable to Lender/Broker however, fees paid to Lender or Broker must be in section A. If the fee is to remain in section B, it must state FBO (for the benefit of) to said Vendor. Provide a post close CD with correction within 60 days of discovery date. Statute of Limitations - 1 year, expiration date XXXX. - Due Diligence Vendor-08/24/2026 |
Resolved-Received PCCD XXXX
correcting payee in Section B. Finding Resolved. - Due Diligence
Vendor-08/31/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 660
Borrower has 771 Guideline: LTV is less than guideline maximum - Required is 80 Borrower has 61.42 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 10980486 | |||
| XXXX | 3129678 | D | A | D | A | C | A | A | A | Closed | FCOM1267 | 2026-08-24 08:51 | 2026-08-31 09:34 | Resolved | 1 - Information | B | A | Compliance | Missing Doc | Homeownership Counseling Disclosure Is Partially Provided | Resolved-Received
Homeownership Counseling Disclosure. Finding Resolved. - Due Diligence
Vendor-08/31/2026 Ready for Review-complete dis - Due Diligence Vendor-08/28/2026 Counter-Received copy of Homeowner's Counseling list. List is not dated, we need to know it was sent within 3 days of application. - Due Diligence Vendor-08/27/2026 Ready for Review-HOC list - Due Diligence Vendor-08/27/2026 Open-Homeownership Counseling Disclosure Is Partially Provided (Date Creditor Received Application is XXXX and Occupancy is Primary Residence) Please provide Homeownership Counseling List - Due Diligence Vendor-08/24/2026 |
Resolved-Received
Homeownership Counseling Disclosure. Finding Resolved. - Due Diligence
Vendor-08/31/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 660
Borrower has 771 Guideline: LTV is less than guideline maximum - Required is 80 Borrower has 61.42 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 10979749 | |||
| XXXX | 3129678 | D | A | D | A | C | A | A | A | Closed | FCRE5782 | 2026-08-25 07:46 | 2026-08-30 16:32 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Received credit
refresh - Due Diligence Vendor-08/30/2026 Ready for Review-credit - Due Diligence Vendor-08/27/2026 Open-Borrower 1 Gap Credit Report is Missing gap credit report not in file - Due Diligence Vendor-08/25/2026 |
Resolved-Received credit
refresh - Due Diligence Vendor-08/30/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 660
Borrower has 771 Guideline: LTV is less than guideline maximum - Required is 80 Borrower has 61.42 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 11006020 | |||
| XXXX | 3126777 | C | A | C | A | A | A | A | A | Closed | FCRE5790 | 2026-08-26 10:34 | 2026-08-30 17:36 | Resolved | 1 - Information | C | A | Credit | Closing | Borrower 1 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date) | Resolved-Received
confirmation prior to closing UDM is acceptable. - Due Diligence Vendor-08/30/2026 Ready for Review-Please revisit. XXXX do not have guidelines or criteria for a gap credit report within a specific time range prior to closing. - Due Diligence Vendor-08/27/2026 Open-Borrower 1 Gap Credit Report is Expired (Greater than 10 days from Closing/Settlement Date). Borrower 1 GAP credit report is 18 days old at closing. - Due Diligence Vendor-08/26/2026 |
Resolved-Received
confirmation prior to closing UDM is acceptable. - Due Diligence Vendor-08/30/2026 |
Guideline: LTV is less than
guideline maximum - Required is 85 Borrower has 80 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 44.53 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 753 |
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 | 11036716 | ||||
| XXXX | 3128961 | C | A | C | A | A | A | A | A | Closed | FCRE0196 | 2026-08-26 13:31 | 2026-08-31 16:35 | Resolved | 1 - Information | C | A | Credit | Eligibility | Payoff(s) on the CD/HUD are not reported on Title Report | Resolved-Upon further
review, there were no liens on title or on the seller CD. - Due Diligence
Vendor-08/31/2026 Ready for Review-No Payoffs reflected on final CD - Due Diligence Vendor-08/27/2026 Open-Payoff(s) on the CD/HUD are not reported on Title Report. - Due Diligence Vendor-08/26/2026 |
Resolved-Upon further
review, there were no liens on title or on the seller CD. - Due Diligence
Vendor-08/31/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 700
Borrower has 762 Guideline: Qualifying DTI below maximum allowed - Required is 55 Borrower has 41.07 Months Reserves exceed minimum required - 17.67 months reserves and 3 months required. |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 11042058 | |||
| XXXX | 3130677 | C | B | C | B | A | A | A | A | Closed | FCRE8201 | 2026-08-25 15:19 | 2026-08-26 22:33 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Client exception
granted to allow unseasoned funds for asset depletion. Non-material waiver
applied with compensating factors. - Due Diligence Vendor-08/27/2026 Open-Lender exception to allow unseasoned funds for asset depletion. The assets came from a divorce settlement. Although the funds were not seasoned in the borrower's account, the assets were seasoned in the spouse's account prior to the divorce settlement. - Due Diligence Vendor-08/25/2026 |
Waived-Client exception
granted to allow unseasoned funds for asset depletion. Non-material waiver
applied with compensating factors. - Due Diligence Vendor-08/27/2026 |
Guideline: LTV is less than
guideline maximum - Required is 80 Borrower has 50 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 27.37 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 800 |
FICO 20 points above
program minimum LTV 10% or more below program max Reserves greater than 6 months above minimum |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | Investor Post-Close | No | 11018574 | |||
| XXXX | 3131571 | 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 | |||||||||||||||||||
| XXXX | 3128916 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | |||||||||||||||||||
| XXXX | 3132654 | D | A | A | A | D | A | A | A | Closed | FCOM1280 | 2026-08-26 11:09 | 2026-09-02 14:59 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Collateral Protection Notice is Missing | Resolved-Rec'd Collateral
Protection Letter. - Due Diligence Vendor-09/02/2026 Ready for Review-09/01/26 - XX: Please see attached. - Due Diligence Vendor-09/01/2026 Open-Collateral Protection Notice is Missing Missing Hazard Insurance Authorization and Requirements disclosure - Due Diligence Vendor-08/26/2026 |
Resolved-Rec'd Collateral
Protection Letter. - Due Diligence Vendor-09/02/2026 |
Guideline: Qualifying DTI
below maximum allowed - Required is 50 Borrower has 18.42 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 723 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 11037378 | |||
| XXXX | 3132834 | C | A | C | A | A | A | A | A | Closed | FCRE1510 | 2026-08-26 11:31 | 2026-09-01 14:59 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Mortgage
with legal. - Due Diligence Vendor-09/01/2026 Ready for Review-08/28/26 - XX: Please see attached. - Due Diligence Vendor-08/28/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing attached Exhibit A Legal Description - Due Diligence Vendor-08/26/2026 |
Resolved-Received Mortgage
with legal. - Due Diligence Vendor-09/01/2026 |
Months Reserves exceed
minimum required - Reserves = 38.05 months – Required Reserves = 3 Months Guideline: LTV is less than guideline maximum - Required is 70 Borrower has 60 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 11038893 | |||
| XXXX | 3133008 | D | A | A | A | D | A | A | A | Closed | FCOM1280 | 2026-08-26 12:21 | 2026-09-03 14:04 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Collateral Protection Notice is Missing | Resolved-Received
Collateral Protection Notice. Finding Resolved. - Due Diligence
Vendor-09/03/2026 Ready for Review-AV 9/2 Please see attached Collateral Protection - Due Diligence Vendor-09/02/2026 Open-Collateral Protection Notice is Missing ----- PLEASE PROVIDE COLLATER PROTECTION NOTICE. - Due Diligence Vendor-08/26/2026 |
Resolved-Received
Collateral Protection Notice. Finding Resolved. - Due Diligence
Vendor-09/03/2026 |
Credit history exceeds
minimum required - Qualifying FICO score 677; guidelines require 660. Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 22.17 |
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 | 11040051 | |||
| XXXX | 3133008 | D | A | A | A | D | A | A | A | Closed | FCOM0014 | 2026-08-26 13:50 | 2026-09-03 14:04 | Resolved | 1 - Information | C | A | Compliance | Closing | Missing evidence appraisal delivered to borrower a minimum of 3 days prior to closing | Resolved-Received
notification of value sent. Finding Resolved. - Due Diligence
Vendor-09/01/2026 Ready for Review-AV 8/31 please see attached - Due Diligence Vendor-08/31/2026 Open-Missing evidence of appraisal being received 3 or more days prior to closing was not met. - Due Diligence Vendor-08/26/2026 |
Resolved-Received
notification of value sent. Finding Resolved. - Due Diligence
Vendor-09/01/2026 |
Credit history exceeds
minimum required - Qualifying FICO score 677; guidelines require 660. Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 22.17 |
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 | 11042632 | |||
| XXXX | 3133035 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | |||||||||||||||||||
| XXXX | 3136227 | D | B | D | B | A | A | A | A | Closed | FCRE8201 | 2026-08-27 12:01 | 2026-09-16 12:23 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Client waiver
applied to non-material finding with comp factors to allow condo with
litigation. Deemed non-material due to
attorney letter provided. Litigation aims to achieve remediation of the FSS
[Fire Safety System] (by replacement of the compromised piping) before
additional leaks occur, but the system remains fully operational and
functional. Condo remains non-warrantable due to CPM in file. - Due Diligence
Vendor-09/16/2026 Ready for Review-HOA Litigation docs attached. - Due Diligence Vendor-09/14/2026 Open-Missing exception. Per guidelines: Litigation that doesn’t meet Fannie Mae requirements may be considered as an exception on a case-by-case basis and additional findings may follow. Lender states condo is not warrantable due to litigation that does not meet FNMA guidelines (litigation reason is pending via other finding) - Due Diligence Vendor-08/27/2026 |
Waived-Client waiver
applied to non-material finding with comp factors to allow condo with
litigation. Deemed non-material due to
attorney letter provided. Litigation aims to achieve remediation of the FSS
[Fire Safety System] (by replacement of the compromised piping) before
additional leaks occur, but the system remains fully operational and
functional. Condo remains non-warrantable due to CPM in file. - Due Diligence
Vendor-09/16/2026 |
Guideline: LTV is less than
guideline maximum - Required is 80 Borrower has 75 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 26.18 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 779 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | Investor Post-Close | No | 11066671 | |||
| XXXX | 3136227 | D | B | D | B | A | A | A | A | Closed | FPRO9999 | 2026-08-27 10:03 | 2026-09-16 12:20 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Condo project has pending litigation | Waived-Client waiver
applied to non-material finding with comp factors to allow condo with
litigation. Deemed non-material due to
attorney letter provided. Litigation aims to achieve remediation of the XXXX
before additional leaks occur, but the system remains fully operational and
functional. Condo remains non-warrantable due to CPM in file. - Due Diligence
Vendor-09/16/2026 Ready for Review-HOA Litigation docs attached. - Due Diligence Vendor-09/14/2026 Open-The condo project has pending litigation. Per appraisal the HOA is currently involved in pending litigation as the plaintiff. Missing documentation to show what the dispute is in regard to. Since the lender is stating the condo is non-warrantable this means that the litigation does not meet FNMA guidelines. Documentation to specifically indicate what type of litigation and why it does not meet FNMA litigation type allowed. - Due Diligence Vendor-08/27/2026 |
Waived-Client waiver
applied to non-material finding with comp factors to allow condo with
litigation. Deemed non-material due to
attorney letter provided. Litigation aims to achieve remediation of the XXXX
before additional leaks occur, but the system remains fully operational and
functional. Condo remains non-warrantable due to CPM in file. - Due Diligence
Vendor-09/16/2026 |
Guideline: LTV is less than
guideline maximum - Required is 80 Borrower has 75 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 26.18 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 779 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | Investor Post-Close | No | 11062998 | |||
| XXXX | 3136227 | D | B | D | B | A | A | A | A | Closed | FCRE1293 | 2026-08-27 10:20 | 2026-09-01 15:42 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income 2 Months Income Verified is Missing | Resolved-Received PITIA -
Due Diligence Vendor-09/01/2026 Ready for Review-REO docs attached. - Due Diligence Vendor-08/31/2026 Open-REO 3b - missing proof of taxes and insurance. Lender did not include loss on 1003, will need to be added to DTI. Additional conditions may apply. - Due Diligence Vendor-08/27/2026 |
Resolved-Received PITIA -
Due Diligence Vendor-09/01/2026 |
Guideline: LTV is less than
guideline maximum - Required is 80 Borrower has 75 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 26.18 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 779 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 11063415 | |||
| XXXX | 3136227 | D | B | D | B | A | A | A | A | Closed | FCRE7497 | 2026-08-27 10:33 | 2026-09-01 15:41 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received PITIA -
Due Diligence Vendor-09/01/2026 Ready for Review-Primary REO docs attached. - Due Diligence Vendor-08/31/2026 Open-Missing verification of PITIA for Primary Residence - Due Diligence Vendor-08/27/2026 |
Resolved-Received PITIA -
Due Diligence Vendor-09/01/2026 |
Guideline: LTV is less than
guideline maximum - Required is 80 Borrower has 75 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 26.18 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 779 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 11063820 | |||
| XXXX | 3136227 | D | B | D | B | A | A | A | A | Closed | FCOM1352 | 2026-08-27 09:49 | 2026-09-01 15:40 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Received Business
Purpose & Occupancy Affidavit - Due Diligence Vendor-09/01/2026 Ready for Review-Business Purpose Affidavit attached. - Due Diligence Vendor-08/31/2026 Open-The Business Purpose Affidavit Disclosure is Missing File is missing Business Purpose & Occupancy Affidavit - Due Diligence Vendor-08/27/2026 |
Resolved-Received Business
Purpose & Occupancy Affidavit - Due Diligence Vendor-09/01/2026 |
Guideline: LTV is less than
guideline maximum - Required is 80 Borrower has 75 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 26.18 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 779 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 11062619 | |||
| XXXX | 3136227 | D | B | D | B | A | A | A | A | Closed | FCRE1182 | 2026-08-27 10:45 | 2026-08-27 12:07 | Waived | 2 - Non-Material | B | B | Credit | Missing Doc | Approval/Underwriting Summary Not Provided | Waived-Client waiver
applied to non-material finding - Due Diligence Vendor-08/27/2026 Open-Missing Approval/Underwriting Summary - Due Diligence Vendor-08/27/2026 |
Waived-Client waiver
applied to non-material finding - Due Diligence Vendor-08/27/2026 |
Guideline: LTV is less than
guideline maximum - Required is 80 Borrower has 75 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 26.18 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 779 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | Investor Post-Close | No | 11064203 | ||||
| XXXX | 3131673 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | |||||||||||||||||||
| XXXX | 3134043 | C | B | C | B | A | A | A | A | Closed | FCRE1440 | 2026-08-26 13:50 | 2026-09-18 11:52 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Originator
exception granted- Borrower does not have a primary housing history- lives
rent free. Non-material waiver applied to finding with compensating factors.
- Due Diligence Vendor-09/18/2026 Ready for Review-Please revisit with attached, thank you! - Due Diligence Vendor-09/15/2026 Counter-Email Chain provided with a partial snip of the clients approval. Please provide the Exception approval document for review. Additional Findings may apply - Due Diligence Vendor-09/15/2026 Ready for Review-Email / LOE for Rent Free Exception Approval - Due Diligence Vendor-09/10/2026 Open-Housing History Does Not Meet Guideline Requirements Borrower’s living rent free which is not allowed per guidelines. - Due Diligence Vendor-08/26/2026 |
Waived-Originator exception
granted- Borrower does not have a primary housing history- lives rent free.
Non-material waiver applied to finding with compensating factors. - Due
Diligence Vendor-09/18/2026 |
DSCR =/> 1.00 and
minimum is 0.85 or Less - Required is 0.8 Borrower has 1.55 Required is 0.8
Borrower has 1.552 Guideline: LTV is less than guideline maximum - Required is 75 Borrower has 65 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 786 |
Min required FICO is 700
and Borrower has 786 Max LTV is 75 and qualifying LTV is 65 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | 11042635 | ||
| XXXX | 3134043 | C | B | C | B | A | A | A | A | Closed | FCRE1198 | 2026-08-26 16:31 | 2026-09-15 10:49 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Received
additional assets. Audited Reserves of 121.96 month(s) are greater than or
equal to Guideline Required Reserves of 6 month(s) - Due Diligence
Vendor-09/15/2026 Ready for Review-Bank Statement XXXX along with Access Letter and Updated 1008/URLA - Due Diligence Vendor-09/10/2026 Open-Audited Reserves of month(s) are less than Guideline Required Reserves of 6 month(s) 6 Months reserves are required, no assets in the file. Cash out cannot be used for reserves. - Due Diligence Vendor-08/26/2026 |
Resolved-Received
additional assets. Audited Reserves of 121.96 month(s) are greater than or
equal to Guideline Required Reserves of 6 month(s) - Due Diligence
Vendor-09/15/2026 |
DSCR =/> 1.00 and
minimum is 0.85 or Less - Required is 0.8 Borrower has 1.55 Required is 0.8
Borrower has 1.552 Guideline: LTV is less than guideline maximum - Required is 75 Borrower has 65 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 786 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 11046676 | |||
| XXXX | 3136197 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | |||||||||||||||||||
| XXXX | 3127338 | D | A | D | A | A | A | A | A | Closed | FCRE1202 | 2026-08-27 12:15 | 2026-09-16 13:46 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report Partially Provided | Resolved-Received Fraud
Report with appraiser. - Due Diligence Vendor-09/16/2026 Ready for Review-See attached - Due Diligence Vendor-09/14/2026 Counter-Please include the appraiser in the third party search. - Due Diligence Vendor-09/09/2026 Ready for Review-See attached - Due Diligence Vendor-09/04/2026 Open-Third Party Fraud Report Partially Provided Please provide complete fraud report. Report provided is missing several pages. - Due Diligence Vendor-08/27/2026 |
Resolved-Received Fraud
Report with appraiser. - Due Diligence Vendor-09/16/2026 |
DSCR =/> 1.00 and
minimum is 0.85 or Less - DSCR exceeds minimum. Required is 0.75 Borrower has
1.377 Guideline: LTV is less than guideline maximum - Required is 80 Borrower has 75 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 752 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 11067341 | |||
| XXXX | 3127338 | D | A | D | A | A | A | A | A | Closed | FCRE1205 | 2026-08-27 12:15 | 2026-09-16 13:46 | Resolved | 1 - Information | C | A | Credit | Eligibility | OFAC Check Not Completed and/or Cleared | Resolved-OFAC Check
Completed and Cleared - Due Diligence Vendor-09/16/2026 Ready for Review-This was provided on 9/14 included appraiser info - Due Diligence Vendor-09/15/2026 Counter-Please include the appraiser in the third party search. - Due Diligence Vendor-09/09/2026 Ready for Review-Refer to previous upload - Due Diligence Vendor-09/04/2026 Open-OFAC Check Not Completed and/or Cleared Missing OFAC results. - Due Diligence Vendor-08/27/2026 |
Resolved-OFAC Check
Completed and Cleared - Due Diligence Vendor-09/16/2026 |
DSCR =/> 1.00 and
minimum is 0.85 or Less - DSCR exceeds minimum. Required is 0.75 Borrower has
1.377 Guideline: LTV is less than guideline maximum - Required is 80 Borrower has 75 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 752 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 11067342 | ||||
| XXXX | 3127338 | D | A | D | A | A | A | A | A | Closed | FCRE1206 | 2026-08-27 12:15 | 2026-09-16 13:46 | Resolved | 1 - Information | C | A | Credit | Eligibility | All Interested Parties Not Checked with Exclusionary Lists | Resolved-All Interested
Parties Checked against Exclusionary Lists - Due Diligence Vendor-09/16/2026
Ready for Review-This was provided on 9/14 included appraiser info - Due Diligence Vendor-09/15/2026 Counter-Please include the appraiser in the third party search. - Due Diligence Vendor-09/09/2026 Ready for Review-Referto previous upload - Due Diligence Vendor-09/04/2026 Open-All Interested Parties Not Checked with Exclusionary Lists Missing report showing results of check against Exclusionary List. - Due Diligence Vendor-08/27/2026 |
Resolved-All Interested
Parties Checked against Exclusionary Lists - Due Diligence
Vendor-09/16/2026 |
DSCR =/> 1.00 and
minimum is 0.85 or Less - DSCR exceeds minimum. Required is 0.75 Borrower has
1.377 Guideline: LTV is less than guideline maximum - Required is 80 Borrower has 75 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 752 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 11067343 | ||||
| XXXX | 3127338 | D | A | D | A | A | A | A | A | Closed | FCRE1248 | 2026-08-27 11:56 | 2026-09-04 11:39 | Resolved | 1 - Information | C | A | Credit | Eligibility | Non-Arm's Length Transactions Not Allowed for Program | Resolved-After further
review the guides allow for a non-arm's length transaction. - Due Diligence
Vendor-09/04/2026 Ready for Review-XXXX allows non-arms tranactions - Due Diligence Vendor-08/31/2026 Open-Non-Arm's Length Transactions Not Allowed for Program The buyer and seller are represented by the same realtor. Apprasiser notes "The home was not exposed to the market and the transaction is between parties that are previously known to each other". Per guidelines Non-Arms Length Transaction not allowed. - Due Diligence Vendor-08/27/2026 |
Resolved-After further
review the guides allow for a non-arm's length transaction. - Due Diligence
Vendor-09/04/2026 |
DSCR =/> 1.00 and
minimum is 0.85 or Less - DSCR exceeds minimum. Required is 0.75 Borrower has
1.377 Guideline: LTV is less than guideline maximum - Required is 80 Borrower has 75 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 752 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 11066391 | |||
| XXXX | 3129639 | C | B | C | A | B | B | A | A | Closed | FCRE0970 | 2026-08-28 10:21 | 2026-09-09 12:52 | Resolved | 1 - Information | C | A | Credit | Eligibility | Appraisal has issues (credit) | Resolved-Appraisal
provided with rear view of the subject property. - Due Diligence
Vendor-09/09/2026 Ready for Review-Updated Appraisal with photos - Due Diligence Vendor-09/08/2026 Open-Appraisal report is missing property rear photo - Due Diligence Vendor-08/28/2026 |
Resolved-Appraisal provided
with rear view of the subject property. - Due Diligence Vendor-09/09/2026 |
On time mortgage history
exceeds guideline requirement - Needs 12, has 23 Verified employment history exceeds guidelines - 24 months needed, has 156 months. |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 11089083 | |||
| XXXX | 3129639 | C | B | C | A | B | B | A | A | Closed | FCOM5135 | 2026-08-27 10:10 | 2026-08-27 10:33 | Waived | 2 - Non-Material | B | B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material Findings. - Due Diligence Vendor-08/27/2026 | Waived-Required Affiliated
Business Disclosure Missing Originator waiver applied to non-material
Findings. - Due Diligence Vendor-08/27/2026 |
On time mortgage history
exceeds guideline requirement - Needs 12, has 23 Verified employment history exceeds guidelines - 24 months needed, has 156 months. |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | No | 11063175 | ||||
| XXXX | 3129573 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | |||||||||||||||||||
| XXXX | 3129999 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | |||||||||||||||||||
| XXXX | 3130914 | 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 | |||||||||||||||||||
| XXXX | 3137058 | C | A | C | A | A | A | A | A | Closed | FCRE0140 | 2026-08-27 12:40 | 2026-08-31 15:15 | Resolved | 1 - Information | C | A | Credit | Eligibility | DSCR loan does not meet program guidelines | Resolved-Room rent and
inheritance of the lease agreements was provided. No guideline stating room
rent is not allowed. - Due Diligence Vendor-08/31/2026 Ready for Review-8/28 MWM: please see the attached lease agreement for the subject property. I've attached each rent for the rooms being rented. I've also attached the signed letter regarding the inheritance of the lease agreements. - Due Diligence Vendor-08/28/2026 Open-Per the appraisal the subject property is tenant occupied and rent is on a month to month basis. Per the guidelines, the current lease and confirmation that the borrower will inherit current tenants is required. - Due Diligence Vendor-08/27/2026 |
Resolved-Room rent and
inheritance of the lease agreements was provided. No guideline stating room
rent is not allowed. - Due Diligence Vendor-08/31/2026 |
Months Reserves exceed
minimum required - Reserves = 110.2 months – Required Reserves = 6 Months Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 640 Borrower has 684 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 11068107 | |||
| XXXX | 3129987 | 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 | Purchase | NA | |||||||||||||||||||
| XXXX | 3130950 | D | B | D | B | A | A | A | A | Closed | FPRO1255 | 2026-08-27 11:29 | 2026-09-15 11:30 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | HOA Questionnaire Document is Missing | Resolved-Received
commentary for 11, 16 and 17. - Due Diligence Vendor-09/15/2026 Ready for Review-HOA Email - Due Diligence Vendor-09/11/2026 Counter-Received 2 pages of HOA Questionnaire. Missing Commentary pages as noted on #11, 16 & 17 see comments. Additional conditions may apply - Due Diligence Vendor-09/04/2026 Ready for Review-Questionnaire - Due Diligence Vendor-09/01/2026 Open-Subject Property is part of an HOA but the HOA Questionnaire Document is Missing. Missing HOA Questionnaire Document. Subject to review, additional conditions may apply. - Due Diligence Vendor-08/27/2026 |
Resolved-Received
commentary for 11, 16 and 17. - Due Diligence Vendor-09/15/2026 |
Credit history exceeds
minimum required - Loan meets credit tradeline requirements Months Reserves exceed minimum required - 575.19 months reserves; 6 months reserves required |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 11065490 | |||
| XXXX | 3130950 | D | B | D | B | A | A | A | A | Closed | FCRE1232 | 2026-08-27 12:06 | 2026-09-02 13:31 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Calculated DSCR does not meet the Minimum DSCR allowed | Waived-Client provided a
waiver for DSCR < 1, applied to non material finding with comp factors -
Due Diligence Vendor-09/02/2026 Ready for Review-Exception Approval - Due Diligence Vendor-09/01/2026 Open-DSCR loan does not meet program guidelines - Calculated DSCR does not meet the Minimum DSCR allowed. The Calculated DSCR of 'XXXX' is less than the minimum DSCR per lender guidelines of '1'. Minimum DSCR 1.00 required on an Interest Only loan. - Due Diligence Vendor-08/27/2026 |
Waived-Client provided a
waiver for DSCR < 1, applied to non material finding with comp factors -
Due Diligence Vendor-09/02/2026 |
Credit history exceeds
minimum required - Loan meets credit tradeline requirements Months Reserves exceed minimum required - 575.19 months reserves; 6 months reserves required |
FICO 20 points > program
minimum (700 Floor) Reserves > 6 mos above program minimum |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Investor Post-Close | No | 11066980 | ||
| XXXX | 3131718 | C | A | C | A | A | A | A | A | Closed | FCRE0108 | 2026-08-27 09:47 | 2026-09-11 09:44 | Resolved | 1 - Information | C | A | Credit | Insurance | XX Coverage not met | Resolved-The XX coverage
was sufficient using the annual assessment income. - Due Diligence
Vendor-09/11/2026 Ready for Review-Please review the attached. Condition is invalid. - Due Diligence Vendor-09/09/2026 Counter-Received liability coverage reflecting Crime and XX coverage of only XXXX. Minimum coverage is HOA dues x number of units x 3 months. Please confirm sufficient coverage. - Due Diligence Vendor-09/02/2026 Ready for Review-The master insurance policies are attached. - Due Diligence Vendor-09/01/2026 Open-XX Coverage not met. Missing proof of minimum coverage of XXXX - Due Diligence Vendor-08/27/2026 |
Resolved-The XX coverage
was sufficient using the annual assessment income. - Due Diligence
Vendor-09/11/2026 |
Guideline: LTV is less than
guideline maximum - Required is 85 Borrower has 80 Required is 85 Borrower
has 80 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 44.74 Required is 50 Borrower has 44.74 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 791 Required is 660 Borrower has 791 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 11062546 | |||
| XXXX | 3132954 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | |||||||||||||||||||
| XXXX | 3131916 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | |||||||||||||||||||
| XXXX | 3136398 | 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 | |||||||||||||||||||
| XXXX | 3130392 | C | A | C | A | A | A | A | A | Closed | FCRE7011 | 2026-08-31 15:35 | 2026-09-09 15:10 | Resolved | 1 - Information | C | A | Credit | Insurance | Rent Loss Coverage is Insufficient or Missing | Resolved-After further
review- rent loss coverage is not required. - Due Diligence Vendor-09/09/2026
Ready for Review-Please revisit seller guidelines, guidelines address rent loss insurance not required. - Due Diligence Vendor-09/04/2026 Counter-Received rebuttal. DSCR requires 6 month rent loss coverage per guideline DSCR General Guidelines. Finding remains. - Due Diligence Vendor-09/04/2026 Ready for Review-Per guidelines; Rent Loss Insurance is not required - Due Diligence Vendor-09/03/2026 Open-Rent Loss Coverage is Insufficient or Missing. No evidence of Rent Loss cvg on file - Due Diligence Vendor-08/31/2026 |
Resolved-After further
review- rent loss coverage is not required. - Due Diligence
Vendor-09/09/2026 |
Guideline: LTV is less than
guideline maximum - Required is 85 Borrower has 74.69 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 771 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 11126922 | ||||
| XXXX | 3130392 | C | A | C | A | A | A | A | A | Closed | FCRE0075 | 2026-08-31 10:11 | 2026-09-08 15:03 | Resolved | 1 - Information | C | A | Credit | Eligibility | CoSignor or Guarantor is on debt or a loan not in this application according to the 1003 Declaration | Resolved-DSCR loan and
would no additional information is required. - Due Diligence
Vendor-09/08/2026 Ready for Review-Cosignor/Guarantor on debt or loan would have no bearing on the borrower qualifying as the debt obligations for a DSCR loan is based on the PITIA of the subject property compared to the qualifying rent. - Due Diligence Vendor-09/03/2026 Open-CoSignor or Guarantor is on debt or a loan not in this application according to the 1003 Declaration. Borrower indicated Co-Signor or Guarantor is on debt or a loan not in this application according to the 1003 Declaration, no additional information provided. - Due Diligence Vendor-08/31/2026 |
Resolved-DSCR loan and
would no additional information is required. - Due Diligence
Vendor-09/08/2026 |
Guideline: LTV is less than
guideline maximum - Required is 85 Borrower has 74.69 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 771 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 11117687 | ||||
| XXXX | 3133545 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | |||||||||||||||||||
| XXXX | 3136371 | C | A | C | A | A | A | A | A | Closed | FCRE1159 | 2026-09-01 08:02 | 2026-09-08 15:01 | Resolved | 1 - Information | C | A | Credit | Insurance | Hazard Insurance Effective Date is after the Note Date | Resolved-Updated hazard
declaration was provided showing coverage started XXXX. - Due Diligence
Vendor-09/08/2026 Ready for Review-see revised insurance - Due Diligence Vendor-09/03/2026 Open-Hazard Insurance Effective Date of XXXX is after the Note Date of XXXX FINAL CD indicates a disbursement date of XXXX. Additional findings may apply. - Due Diligence Vendor-09/01/2026 |
Resolved-Updated hazard
declaration was provided showing coverage started XXXX. - Due Diligence
Vendor-09/08/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 660
Borrower has 752 Months Reserves exceed minimum required - 6 months reserves required / Borrower reserves 217 months |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 11139238 | |||
| XXXX | 3134880 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | |||||||||||||||||||
| XXXX | 3128448 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | |||||||||||||||||||
| XXXX | 3130662 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | |||||||||||||||||||
| XXXX | 3129120 | C | A | C | A | A | A | A | A | Closed | FCRE1148 | 2026-09-02 09:34 | 2026-09-17 15:24 | Resolved | 1 - Information | C | A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received Final
Title with sufficient coverage. - Due Diligence Vendor-09/17/2026 Ready for Review-9/15 RF Please see attached - Due Diligence Vendor-09/15/2026 Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). Provide coverage in the amount of XXXX - Due Diligence Vendor-09/02/2026 |
Resolved-Received Final
Title with sufficient coverage. - Due Diligence Vendor-09/17/2026 |
Guideline: LTV is less than
guideline maximum - Required is 80 Borrower has 62.67 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 784 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 11166264 | |||
| XXXX | 3129120 | C | A | C | A | A | A | A | A | Closed | FCRE1440 | 2026-09-02 10:08 | 2026-09-04 13:35 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received 1st
payment coupon confirming complete housing history - Due Diligence
Vendor-09/04/2026 Ready for Review-09/03 SA: Please see the mortgage statement showing under the transaction activity same balance as the outstanding balance which means this mortgage on the property started on XXXX. - Due Diligence Vendor-09/03/2026 Open-Housing History Does Not Meet Guideline Requirements Provide a satisfactory 12 month mortgage history for the subject property. - Due Diligence Vendor-09/02/2026 |
Resolved-Received 1st
payment coupon confirming complete housing history - Due Diligence
Vendor-09/04/2026 |
Guideline: LTV is less than
guideline maximum - Required is 80 Borrower has 62.67 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 784 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 11167073 | |||
| XXXX | 3131214 | C | A | C | A | A | A | A | A | Closed | FCRE1455 | 2026-09-02 11:19 | 2026-09-04 13:40 | Resolved | 1 - Information | C | A | Credit | Assets | Asset 1 Less Than 2 Months Verified | Resolved-Received source
of assets. - Due Diligence Vendor-09/04/2026 Ready for Review-09/03 SA: Please see the attached XXXX which is the line of credit the the borrower has. This account based on the transaction history belong to the borrower since 05/16/2026. The funds were coming from XXXX which supports the asset been seasoned for two months and meet the guidelines for new open account. - Due Diligence Vendor-09/03/2026 Open-Asset 1 Less Than 2 Months Verified Please provide 1 additional bank statement (XXXX). Two months is required. - Due Diligence Vendor-09/02/2026 |
Resolved-Received source of
assets. - Due Diligence Vendor-09/04/2026 |
Long term residence -
Borrower at primary residence for 6 years Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 791 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 11169001 | |||
| XXXX | 3131841 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | |||||||||||||||||||
| XXXX | 3132864 | C | A | C | A | A | A | A | A | Closed | FCRE1148 | 2026-09-02 08:06 | 2026-09-08 14:50 | Resolved | 1 - Information | C | A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Sufficient title
coverage was provided. - Due Diligence Vendor-09/08/2026 Ready for Review-9/4 RF please see attached - Due Diligence Vendor-09/04/2026 Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). Provide title coverage in the amount of XXXX - Due Diligence Vendor-09/02/2026 |
Resolved-Sufficient title
coverage was provided. - Due Diligence Vendor-09/08/2026 |
Long term residence -
Borrower at primary residence for 15 years Months Reserves exceed minimum required - Min 3, actual 5 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 11164494 | |||
| XXXX | 3135822 | C | A | C | A | A | A | A | A | Closed | FCRE1148 | 2026-09-01 11:29 | 2026-09-09 12:55 | Resolved | 1 - Information | C | A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Title Coverage
Amount of XXXX was provided. - Due Diligence Vendor-09/09/2026 Ready for Review-9/8 SW- see attached - Due Diligence Vendor-09/08/2026 Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). Provide title coverage in the amount of mortgage XXXX - Due Diligence Vendor-09/01/2026 |
Resolved-Title Coverage
Amount of XXXX was provided. - Due Diligence Vendor-09/09/2026 |
Guideline: LTV is less than
guideline maximum - Required is 75 Borrower has 65 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 728 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 11143170 | |||
| XXXX | 3135822 | C | A | C | A | A | A | A | A | Closed | FCRE1440 | 2026-09-01 11:59 | 2026-09-03 17:09 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received credit
supplement for both mortgages - Due Diligence Vendor-09/03/2026 Ready for Review-09/02 SA: Please see the credit supplement showing the mortgage history for both properties. - Due Diligence Vendor-09/02/2026 Open-Housing History Does Not Meet Guideline Requirements Provide satisfactory 12 month mortgage history for subject property and property 3c. Subject to additional conditions - Due Diligence Vendor-09/01/2026 |
Resolved-Received credit
supplement for both mortgages - Due Diligence Vendor-09/03/2026 |
Guideline: LTV is less than
guideline maximum - Required is 75 Borrower has 65 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 728 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 11146656 | |||
| XXXX | 3139335 | 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 | |||||||||||||||||||
| XXXX | 3133503 | C | A | C | A | A | A | A | A | Closed | FCRE0105 | 2026-09-02 15:25 | 2026-09-09 11:24 | Resolved | 1 - Information | C | A | Credit | Eligibility | Condo Structural Reports not in file | Resolved-The structural
engineer report was provided passing milestone inspection 1. - Due Diligence
Vendor-09/09/2026 Ready for Review-Inspection - Due Diligence Vendor-09/08/2026 Open-The file does not contain the required structural engineer report per state law. Subject is missing required milestone inspection as required by XXXX. Subject Cer t . of Occ was on or before XXXX, has a building with 3 or more stories and is : 30 years of age - Due Diligence Vendor-09/02/2026 |
Resolved-The structural
engineer report was provided passing milestone inspection 1. - Due Diligence
Vendor-09/09/2026 |
Months Reserves exceed
minimum required - Min 6, actual 89.58 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 757 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 11176451 | |||
| XXXX | 3133503 | C | A | C | A | A | A | A | A | Closed | FCRE8701 | 2026-09-02 14:30 | 2026-09-09 11:21 | Resolved | 1 - Information | C | A | Credit | Borrower | Business Entity Formation Document is Missing | Resolved-The Business
Entity Formation Document was provided (EIN, Articles of Organization, Consent and Resolutions, XXXX, Operating
declaration, and LLC Cert.). - Due Diligence Vendor-09/09/2026 Ready for Review-LLC docs - Due Diligence Vendor-09/08/2026 Open-The Business Entity Formation Document is Missing. Provide all LLC documentation for the vested entity including operating agreement or equivalent to show percentage of ownership and proof active status through secretary of state. File does not contain any LLC documents. Guides are silent however the requested documents are standard requirements for an LLC vested entity. - Due Diligence Vendor-09/02/2026 |
Resolved-The Business
Entity Formation Document was provided (EIN, Articles of Organization, Consent and Resolutions, XXXX, Operating
declaration, and LLC Cert.). - Due Diligence Vendor-09/09/2026 |
Months Reserves exceed
minimum required - Min 6, actual 89.58 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 757 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 11174834 | |||
| XXXX | 3133503 | C | A | C | A | A | A | A | A | Closed | FPRO9999 | 2026-09-02 14:56 | 2026-09-04 13:54 | Resolved | 1 - Information | C | A | Credit | Eligibility | Condo project has pending litigation | Resolved-Insurance is
covering the litigation. - Due
Diligence Vendor-09/04/2026 Open-The condo project has pending litigation. The case involves an allegation that the plaintiff tripped and fell while walking on uneven flooring in condo unit (see pg. 1009-1010). The lawsuit is against the HOA and the unit owners, it is Minor, and the lawsuit does not relate to the building’s safety, structural or functionality. The amount disclosed in the lawsuit is XXXX, and the lawsuit is covered by insurance (page 526). - Due Diligence Vendor-09/02/2026 |
Resolved-Insurance is
covering the litigation. - Due
Diligence Vendor-09/04/2026 |
Months Reserves exceed
minimum required - Min 6, actual 89.58 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 757 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 11175741 | ||||
| XXXX | 3136998 | C | A | C | A | A | A | A | A | Closed | FCRE1455 | 2026-09-03 09:40 | 2026-09-14 14:39 | Resolved | 1 - Information | C | A | Credit | Assets | Asset 1 Less Than 2 Months Verified | Resolved-The guides have
been updated and a 30-day statement is allowed. - Due Diligence
Vendor-09/14/2026 Ready for Review-See attached - Due Diligence Vendor-09/04/2026 Open-Asset 1 Less Than 2 Months Verified Provide additional bank statement. 60 days are required - Due Diligence Vendor-09/03/2026 |
Resolved-The guides have
been updated and a 30-day statement is allowed. - Due Diligence
Vendor-09/14/2026 |
Guideline: Qualifying DTI
below maximum allowed - Required is 50 Borrower has 42.21 Guideline: LTV is less than guideline maximum - Required is 90 Borrower has 75 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 706 |
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 | 11194624 | |||
| XXXX | 3136998 | C | A | C | A | A | A | A | A | Closed | FCRE5790 | 2026-09-03 09:27 | 2026-09-08 14:55 | Resolved | 1 - Information | C | A | Credit | Closing | Borrower 1 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date) | Resolved-Gap credit report
provided within 10 days of closing. - Due Diligence Vendor-09/08/2026 Ready for Review-Soft Pull - Due Diligence Vendor-09/03/2026 Open-Borrower 1 Gap Credit Report is Expired (Greater than 10 days from Closing/Settlement Date). Provide Gap credit report within 10 days - Due Diligence Vendor-09/03/2026 |
Resolved-Gap credit report
provided within 10 days of closing. - Due Diligence Vendor-09/08/2026 |
Guideline: Qualifying DTI
below maximum allowed - Required is 50 Borrower has 42.21 Guideline: LTV is less than guideline maximum - Required is 90 Borrower has 75 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 706 |
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 | 11194374 | |||
| XXXX | 3139542 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | |||||||||||||||||||
| XXXX | 3128229 | D | A | D | A | A | A | A | A | Closed | FCRE1506 | 2026-09-04 12:22 | 2026-09-29 15:55 | Resolved | 1 - Information | C | A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-The Final
Reviewed QM Status is acceptable or the loan is a Business Purpose loan. -
Due Diligence Vendor-09/29/2026 Resolved-Credit findings have been resolved. - Due Diligence Vendor-09/15/2026 Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Pending proof of tax payment on departing primary residence - Due Diligence Vendor-09/04/2026 |
Resolved-The Final Reviewed
QM Status is acceptable or the loan is a Business Purpose loan. - Due
Diligence Vendor-09/29/2026 Resolved-Credit findings have been resolved. - Due Diligence Vendor-09/15/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 660
Borrower has 784 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 36 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 11225892 | ||||
| XXXX | 3128229 | D | A | D | A | A | A | A | A | Closed | FCRE7497 | 2026-09-04 12:24 | 2026-09-15 10:58 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received mortgage
statement. - Due Diligence
Vendor-09/15/2026 Ready for Review-Mortgage statement - Due Diligence Vendor-09/10/2026 Counter-Received taxes, Insurance and confirmation there is no HOA. The 1003 reflects the T&I are escrowed. Please provide a mortgage statement reflecting these are escrows, could not locate a statement in file, or we will add these items into the DTI. Additional findings may apply. - Due Diligence Vendor-09/09/2026 Ready for Review-Taxes, insurance, and HOA - Due Diligence Vendor-09/08/2026 Open-Provide proof of taxes on property 3a. - Due Diligence Vendor-09/04/2026 |
Resolved-Received mortgage
statement. - Due Diligence
Vendor-09/15/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 660
Borrower has 784 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 36 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 11225929 | |||
| XXXX | 3135498 | D | A | D | A | A | A | A | A | Closed | FCRE5783 | 2026-09-08 09:04 | 2026-09-10 15:37 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 2 Gap Credit Report is Missing | Resolved-Upon further
review, UDM provided. - Due Diligence
Vendor-09/10/2026 Ready for Review-Please revisit page 216, pre-close credit report dated XXXX. - Due Diligence Vendor-09/09/2026 Open-Borrower 2 Gap Credit Report is Missing not in file - Due Diligence Vendor-09/08/2026 |
Resolved-Upon further
review, UDM provided. - Due Diligence
Vendor-09/10/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 620
Borrower has 741 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 24.15 Guideline: LTV is less than guideline maximum - Required is 80 Borrower has 39.77 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 11245938 | ||||
| XXXX | 3135498 | D | A | D | A | A | A | A | A | Closed | FCRE5782 | 2026-09-08 09:04 | 2026-09-10 15:36 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Upon further
review, UDM provided. - Due Diligence
Vendor-09/10/2026 Ready for Review-Please revisit page 216, pre-close credit report dated XXXX. - Due Diligence Vendor-09/09/2026 Open-Borrower 1 Gap Credit Report is Missing not in file - Due Diligence Vendor-09/08/2026 |
Resolved-Upon further
review, UDM provided. - Due Diligence
Vendor-09/10/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 620
Borrower has 741 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 24.15 Guideline: LTV is less than guideline maximum - Required is 80 Borrower has 39.77 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 11245937 | ||||
| XXXX | 3138108 | 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 | Purchase | NA | |||||||||||||||||||
| XXXX | 3138480 | 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 | |||||||||||||||||||
| XXXX | 3130356 | D | A | D | A | C | A | A | A | Closed | FCRE5782 | 2026-09-10 10:55 | 2026-09-14 14:47 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Upon further
review, client does not require a Gap Report. Original submission file
contains a Gap report dated within 25 days. - Due Diligence Vendor-09/14/2026
Ready for Review-Please revisit pages 373-374 & 380-381 - Due Diligence Vendor-09/11/2026 Open-Borrower 1 Gap Credit Report is Missing Borrower 1 and B2 Gap Credit Report is Missing - Due Diligence Vendor-09/10/2026 |
Resolved-Upon further
review, client does not require a Gap Report. Original submission file
contains a Gap report dated within 25 days. - Due Diligence
Vendor-09/14/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 620
Borrower has 771 Guideline: LTV is less than guideline maximum - Required is 85 Borrower has 75 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 11299633 | ||||
| XXXX | 3130356 | D | A | D | A | C | A | A | A | Closed | finding-3939 | 2026-09-08 04:05 | 2026-09-14 14:06 | Resolved | 1 - Information | C | A | Compliance | ComplianceEase | TRID Rate Lock Disclosure Delivery Date Test | Resolved-Received LE XXXX.
Finding Resolved. - Due Diligence Vendor-09/14/2026 Ready for Review-COC and LE for rate lock - Due Diligence Vendor-09/11/2026 Open-This loan failed the TRID Rate Lock Disclosure Delivery Date Test. (12 CFR §1026.19(e)(3)(iv)(D))A disclosure advising of the revised interest rate, points, lender credits, and any other interest rate dependent charges and terms was not provided to the borrower within three business days after the interest rate was locked on XXXX. -----Disclosure advising borrower of revised interest rate and any interest rate dependent charges was not delivered within three business days after the interest rate was locked. Statute of Limitations - 3 Years, expiration date XXXX - Due Diligence Vendor-09/08/2026 |
Resolved-Received LE XXXX.
Finding Resolved. - Due Diligence Vendor-09/14/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 620
Borrower has 771 Guideline: LTV is less than guideline maximum - Required is 85 Borrower has 75 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 11240234 | |||
| XXXX | 3130356 | D | A | D | A | C | A | A | A | Closed | finding-3625 | 2026-09-08 04:05 | 2026-09-14 14:06 | Resolved | 1 - Information | C | A | Compliance | TRID | TRID "Section B. Services You Cannot Shop For / Services Borrower Did Not Shop For" Validation Test | Resolved-This loan failed
the TRID "Section B. Services You Cannot Shop For / Services Borrower
Did Not Shop For" validation test.This loan contains a fee or fees where
"compensation to" is set to the lender or broker but this fee or fees
should not be retained by the lender or broker."Section B. Services You
Cannot Shop For / Services Borrower Did Not Shop For" should contain an
itemization of each amount, and a subtotal of all such amounts, the consumer
will pay for settlement services for which the consumer cannot shop in
accordance with Regulation Z and that are provided by persons other than the
creditor or mortgage broker. Received PCCD XXXX correcting payee in Section
B. Finding Resolved - Due Diligence Vendor-09/14/2026 Ready for Review-Payee updated on PCCD - Due Diligence Vendor-09/11/2026 Open-This loan failed the TRID "Section B. Services You Cannot Shop For / Services Borrower Did Not Shop For" validation test.This loan contains a fee or fees where "compensation to" is set to the lender or broker but this fee or fees should not be retained by the lender or broker."Section B. Services You Cannot Shop For / Services Borrower Did Not Shop For" should contain an itemization of each amount, and a subtotal of all such amounts, the consumer will pay for settlement services for which the consumer cannot shop in accordance with Regulation Z and that are provided by persons other than the creditor or mortgage broker. -----Appraisal Review Fee in section B is payable to Lender/Broker however, fees paid to Lender or Broker must be in section A. If the fee is to remain in section B, it must state FBO (for the benefit of) to said Vendor. Provide a post close CD with correction within 60 days of discovery date. Statute of Limitations - 1 year, expiration date XXXX - Due Diligence Vendor-09/08/2026 |
Resolved-This loan failed
the TRID "Section B. Services You Cannot Shop For / Services Borrower
Did Not Shop For" validation test.This loan contains a fee or fees where
"compensation to" is set to the lender or broker but this fee or fees
should not be retained by the lender or broker."Section B. Services You
Cannot Shop For / Services Borrower Did Not Shop For" should contain an
itemization of each amount, and a subtotal of all such amounts, the consumer
will pay for settlement services for which the consumer cannot shop in
accordance with Regulation Z and that are provided by persons other than the
creditor or mortgage broker. Received PCCD XXXX correcting payee in Section
B. Finding Resolved - Due Diligence Vendor-09/14/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 620
Borrower has 771 Guideline: LTV is less than guideline maximum - Required is 85 Borrower has 75 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 11240235 | |||
| XXXX | 3132927 | D | A | D | A | C | A | D | A | Closed | FCRE1193 | 2026-09-09 09:43 | 2026-09-17 15:34 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Resolved-The REO has been
updated, removing taxes/insurance as the mortgage statements reflected
escrows included. - Due Diligence
Vendor-09/17/2026 Ready for Review-Rental income breakdown/documentation - Due Diligence Vendor-09/17/2026 Counter-Received QM worksheets. Review differs on REO 3a total income of XXXX and 3b total income of XXXX. REO worksheet available under bulletin board. - Due Diligence Vendor-09/16/2026 Ready for Review-DTI is 46.24; please see attached QM - Due Diligence Vendor-09/15/2026 Open-Audited DTI of 51.53% exceeds Guideline DTI of 50% max DTI 50% - does not meet guidelines for 55% - Due Diligence Vendor-09/09/2026 |
Resolved-The REO has been
updated, removing taxes/insurance as the mortgage statements reflected
escrows included. - Due Diligence
Vendor-09/17/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 660
Borrower has 779 Guideline: LTV is less than guideline maximum - Required is 85 Borrower has 79.59 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 11271736 | |||
| XXXX | 3132927 | D | A | D | A | C | A | D | A | Closed | FCRE1506 | 2026-09-10 11:14 | 2026-09-17 15:33 | Resolved | 1 - Information | C | A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-The Final
Reviewed QM Status is acceptable. - Due Diligence Vendor-09/17/2026 Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Pending DTI conditions. - Due Diligence Vendor-09/10/2026 |
Resolved-The Final Reviewed
QM Status is acceptable. - Due Diligence Vendor-09/17/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 660
Borrower has 779 Guideline: LTV is less than guideline maximum - Required is 85 Borrower has 79.59 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 11300887 | ||||
| XXXX | 3132927 | D | A | D | A | C | A | D | A | Closed | FCRE7497 | 2026-09-09 09:46 | 2026-09-14 14:10 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received PITIA
validation. - Due Diligence
Vendor-09/14/2026 Ready for Review-REO docs - Due Diligence Vendor-09/11/2026 Open-missing mortgage statement and verification of taxes for the following properties: XXXX - Due Diligence Vendor-09/09/2026 |
Resolved-Received PITIA
validation. - Due Diligence
Vendor-09/14/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 660
Borrower has 779 Guideline: LTV is less than guideline maximum - Required is 85 Borrower has 79.59 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 11271887 | |||
| XXXX | 3132927 | D | A | D | A | C | A | D | A | Closed | FCOM9351 | 2026-09-09 09:48 | 2026-09-14 14:07 | Resolved | 1 - Information | D | A | Property | Missing Doc | Property 2: Appraisal is Missing | Resolved-Original file
reflects 1007 for departing residence.
- Due Diligence Vendor-09/14/2026 Ready for Review-Please revisit page 261 - 268, page 266 addressing exposure time. - Due Diligence Vendor-09/11/2026 Open-need complete appraisal for XXXX - marketing time to be reviewed - Due Diligence Vendor-09/09/2026 |
Resolved-Original file
reflects 1007 for departing residence.
- Due Diligence Vendor-09/14/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 660
Borrower has 779 Guideline: LTV is less than guideline maximum - Required is 85 Borrower has 79.59 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 11271914 | ||||
| XXXX | 3132927 | D | A | D | A | C | A | D | A | Closed | FCRE1345 | 2026-09-09 08:50 | 2026-09-14 14:02 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Lease Agreements Missing | Resolved-Received
confirmation dated lease is still in effect.
- Due Diligence Vendor-09/14/2026 Ready for Review-Please revisit page 153 lease agreement for XXXX - Due Diligence Vendor-09/11/2026 Open-Borrower 1 Lease Agreements Missing missing lease agreement for XXXX - Due Diligence Vendor-09/09/2026 |
Resolved-Received
confirmation dated lease is still in effect.
- Due Diligence Vendor-09/14/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 660
Borrower has 779 Guideline: LTV is less than guideline maximum - Required is 85 Borrower has 79.59 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 11270657 | ||||
| XXXX | 3132927 | D | A | D | A | C | A | D | A | Closed | finding-3634 | 2026-09-08 06:55 | 2026-09-14 11:08 | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Received
explanation that fees increased with COC for appraisal complexity, fees were
not listed on COC. Finding Resolved. - Due Diligence Vendor-09/14/2026 Ready for Review-Please revisit page 828 - final CD reflecting $10.24 cure for closing cost increase for Verification of Tax Return Fee. Page 506 COC letter addressing change of product, 08/03 addition of Appraisal Review Fee. - Due Diligence Vendor-09/11/2026 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 $XX.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). -----Zero (0%) tolerance fees increased by $0.40 Points - Loan Discount Fee, $165.00 Appraisal Review Fee, $10.24 Verification Of Tax Return Fee without a valid COC in file. . Final CD included a Lender credit of $10.24 for increase in closing cost above legal limit. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of $XX post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Remediation options (1) within 60 days of consummation expires XXXX (2) within 60 days of discovery expires XXXX remains EV2B under TILA 130(b) (3) After 60 days of discovery, no cure, Statute of Limitations - 3 Years; Expiration Date: XXXX remains EV3C - Due Diligence Vendor-09/08/2026 |
Resolved-Received
explanation that fees increased with COC for appraisal complexity, fees were
not listed on COC. Finding Resolved. - Due Diligence Vendor-09/14/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 660
Borrower has 779 Guideline: LTV is less than guideline maximum - Required is 85 Borrower has 79.59 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 11243783 | ||||
| XXXX | 3138060 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | |||||||||||||||||||
| XXXX | 3131514 | D | A | D | A | C | A | A | A | Closed | FCRE7497 | 2026-09-09 14:37 | 2026-09-15 12:01 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received tax
verification. - Due Diligence Vendor-09/15/2026 Ready for Review-Property tax - Due Diligence Vendor-09/11/2026 Open-Missing taxes for vacant land on XXXX - Due Diligence Vendor-09/09/2026 |
Resolved-Received tax
verification. - Due Diligence Vendor-09/15/2026 |
Guideline: Qualifying DTI
below maximum allowed - Required is 50 Borrower has 23.11 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 806 |
XXXX | QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 11280175 | |||
| XXXX | 3131514 | D | A | D | A | C | A | A | A | Closed | finding-3634 | 2026-09-08 09:17 | 2026-09-14 10:59 | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Received
explanation that fees increased with COC for borrower requested product
change change, fees were not listed on COC. Finding Resolved. - Due Diligence
Vendor-09/14/2026 Ready for Review-Please revisit. Purchase review fee increased 07/28 to $XX & Tax service fee increased 07/28 to $90. COC page 430 for bwr requested change in loan program resulting in addition or increase to product specific fees. Corresponds to rate lock page 842. Page 502 seller compliance report reflects credit report fee tolerance $30, Final CD page 411 reflects $30 credit at close for increase. Thank you! - Due Diligence Vendor-09/11/2026 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 $XX.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). ----- Zero (0%) tolerance fees increased by $275.00 Purchaser Review Fee, $30.00 Credit Report Fee and $18.00 Tax Service Fee without a valid COC in file. Final CD included a Lender credit of $30.00 for increase in closing cost above legal limit. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of $XX, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Remediation options (1) within 60 days of consummation expires XXXX (2) within 60 days of discovery expires XXXX remains EV2B under TILA 130(b) (3) After 60 days of discovery, no cure, Statute of Limitations - 3 Years; Expiration Date: XXXX remains EV3C - Due Diligence Vendor-09/08/2026 |
Resolved-Received
explanation that fees increased with COC for borrower requested product
change change, fees were not listed on COC. Finding Resolved. - Due Diligence
Vendor-09/14/2026 |
Guideline: Qualifying DTI
below maximum allowed - Required is 50 Borrower has 23.11 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 806 |
QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 11246096 | ||||
| XXXX | 3131514 | D | A | D | A | C | A | A | A | Closed | finding-3352 | 2026-09-08 09:17 | 2026-09-14 10:59 | Resolved | 1 - Information | C | A | Compliance | Points & Fees | Higher-Priced Mortgage Loan Test | Resolved-Loan contains
full appraisal and escrows, meeting HPML compliance. - Due Diligence
Vendor-09/10/2026 Open-This loan failed the higher-priced mortgage loan test. ( 12 CFR § 1026.35(a)(1) )Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.While the higher-priced mortgage loan provisions specify that lenders can legally make this type of loan subject to additional requirements in 12 CFR §1026.35, some lenders and secondary market investors may prefer not to fund or buy higher-priced mortgage loans even if the additional conditions are met. - Due Diligence Vendor-09/08/2026 |
Resolved-Loan contains full
appraisal and escrows, meeting HPML compliance. - Due Diligence
Vendor-09/10/2026 |
Guideline: Qualifying DTI
below maximum allowed - Required is 50 Borrower has 23.11 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 806 |
QM: Higher Priced APOR (APOR HP) | QM: Higher Priced APOR (APOR HP) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 11246098 | ||||
| XXXX | 3133632 | D | A | D | A | A | A | A | A | Closed | FCRE1158 | 2026-09-09 10:43 | 2026-09-15 13:18 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Hazard Insurance Policy is Partial | Resolved-Received fire
policy - Due Diligence Vendor-09/15/2026 Ready for Review-Hazard Insurance Policy - Due Diligence Vendor-09/14/2026 Open-Hazard Insurance Policy (Or HO-6 Insurance Policy if Subject Property is a Condo) is only Partially Provided . Wind policy only provided. Missing additional Fire Insurance Policy for subject loan. - Due Diligence Vendor-09/09/2026 |
Resolved-Received fire
policy - Due Diligence Vendor-09/15/2026 |
On time mortgage history
exceeds guideline requirement - On time mortgage history exceeds guideline
requirement by 0x30 >than 71 months. Months Reserves exceed minimum required - Borrower has 33.63 months of reserves and only needs 6 months to qualify,. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 11273290 | |||
| XXXX | 3133632 | D | A | D | A | A | A | A | A | Closed | FCOM1352 | 2026-09-09 10:15 | 2026-09-15 13:13 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Received business
purpose and occupancy affidavit executed by both borrowers. - Due Diligence
Vendor-09/15/2026 Ready for Review-Business Purpose - Due Diligence Vendor-09/14/2026 Open-The Business Purpose Affidavit Disclosure is Missing. Provide the Purpose Affidavit Disclosure signed by all parties. - Due Diligence Vendor-09/09/2026 |
Resolved-Received business
purpose and occupancy affidavit executed by both borrowers. - Due Diligence
Vendor-09/15/2026 |
On time mortgage history
exceeds guideline requirement - On time mortgage history exceeds guideline
requirement by 0x30 >than 71 months. Months Reserves exceed minimum required - Borrower has 33.63 months of reserves and only needs 6 months to qualify,. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 11272485 | |||
| XXXX | 3135948 | D | A | D | A | A | A | A | A | Closed | FCRE1181 | 2026-09-09 09:28 | 2026-09-15 11:57 | Resolved | 1 - Information | C | A | Credit | Insurance | Subject loan is in Flood Zone and Notice of Special Flood Hazard Disclosure Not Completed | Resolved-Received Notice
to Borrower. - Due Diligence Vendor-09/15/2026 Ready for Review-Flood notice - Due Diligence Vendor-09/11/2026 Open-Subject Property is in Flood Zone VE but Notice of Special Flood Hazard Disclosure was not provided - Due Diligence Vendor-09/09/2026 |
Resolved-Received Notice to
Borrower. - Due Diligence Vendor-09/15/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 700
Borrower has 783 Required is 700 Borrower has 783 Guideline: LTV is less than guideline maximum - Required is 80 Borrower has 75 Required is 80 Borrower has 75 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 11271377 | |||
| XXXX | 3135948 | D | A | D | A | A | A | A | A | Closed | FCRE1241 | 2026-09-09 09:21 | 2026-09-15 11:54 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Purchase Contract is Missing | Resolved-Received purchase
contract. - Due Diligence Vendor-09/15/2026 Ready for Review-Purchase contract - Due Diligence Vendor-09/11/2026 Open-Loan Purpose is Purchase but Purchase Contract is Missing. Provide copy of fully executed contract of sale - Due Diligence Vendor-09/09/2026 |
Resolved-Received purchase
contract. - Due Diligence Vendor-09/15/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 700
Borrower has 783 Required is 700 Borrower has 783 Guideline: LTV is less than guideline maximum - Required is 80 Borrower has 75 Required is 80 Borrower has 75 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 11271256 | |||
| XXXX | 3137046 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | |||||||||||||||||||
| XXXX | 3137796 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | |||||||||||||||||||
| XXXX | 3138465 | D | A | D | A | A | A | A | A | Closed | FCRE1202 | 2026-09-09 09:54 | 2026-09-14 14:30 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report Partially Provided | Resolved-Upon further
review, modules are not required per Guideline Notes. - Due Diligence
Vendor-09/14/2026 Ready for Review-09/11 SA: Please see the attached report where all the required pages are provided. If you're looking for the Modules those are not required to be send be agreed guidelines with the investor. - Due Diligence Vendor-09/11/2026 Open-Third Party Fraud Report Partially Provided Missing full fraud report. - Due Diligence Vendor-09/09/2026 |
Resolved-Upon further
review, modules are not required per Guideline Notes. - Due Diligence
Vendor-09/14/2026 |
DSCR =/> 1.00 and
minimum is 0.85 or Less - DSCR exceed minimum. Required is 0.75 Borrower has
1.626 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 750 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 11272077 | |||
| XXXX | 3138465 | D | A | D | A | A | A | A | A | Closed | FCRE1440 | 2026-09-09 09:52 | 2026-09-14 14:16 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Housing History
Meets Guideline Requirements - Due Diligence Vendor-09/14/2026 Ready for Review-09/11 SA: Please see the attached lease and letter from the landlord supporting that the borrower was never late on their rent. - Due Diligence Vendor-09/11/2026 Open-Housing History Does Not Meet Guideline Requirements. Missing VOR for borrowers current residence. - Due Diligence Vendor-09/09/2026 |
Resolved-Housing History
Meets Guideline Requirements - Due Diligence Vendor-09/14/2026 |
DSCR =/> 1.00 and
minimum is 0.85 or Less - DSCR exceed minimum. Required is 0.75 Borrower has
1.626 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 750 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 11272024 | |||
| XXXX | 3137115 | 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 | |||||||||||||||||||
| XXXX | 3136521 | D | A | D | A | A | A | A | A | Closed | FCRE7347 | 2026-09-11 11:24 | 2026-09-15 13:49 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Lease Agreement | Resolved-Received
confirmation considered vacant and meets refi DSCR LTV restriction. - Due Diligence Vendor-09/15/2026 Ready for Review-Per the program guidelines, if the signed lease agreement is not provided, the LTV is restricted to 70%. For this file, the LTV is 70% and 1007 is provided. - Due Diligence Vendor-09/14/2026 Open-Missing lease agreement for subject. per appraiser is tenant occupied. per guides FNMA Form 1007 or 1025 reflecting long term market rents and lease agreements. only 1007 provided - Due Diligence Vendor-09/11/2026 |
Resolved-Received
confirmation considered vacant and meets refi DSCR LTV restriction. - Due Diligence Vendor-09/15/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 680
Borrower has 799 Months Reserves exceed minimum required - 155.39 months PITIA reserves; 2 months reserves required. |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 11329316 | ||||
| XXXX | 3136887 | C | A | C | A | A | A | A | A | Closed | FCRE1440 | 2026-09-14 15:53 | 2026-09-17 15:42 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Housing History
Meets Guideline Requirements - Due Diligence Vendor-09/17/2026 Ready for Review-Please revisit with attached - Due Diligence Vendor-09/17/2026 Counter-Review is unable to locate please provide a complete 12 month rent history for the primary residence. - Due Diligence Vendor-09/16/2026 Ready for Review-Please revisit pages 59 - 71, check images draw from XXXX & pages 113 - 125, check images from XXXX - Due Diligence Vendor-09/15/2026 Open-Housing History Does Not Meet Guideline Requirements . Borrower provided a Lease and a Letter of Explanations to explaining part of the rent was from the personal account and the remain from the business account. Statements provided do not reflect any payments made to XXXX (landlord). Provide a complete 12 month rent history for the primary residence. - Due Diligence Vendor-09/14/2026 |
Resolved-Housing History
Meets Guideline Requirements - Due Diligence Vendor-09/17/2026 |
Guideline: Qualifying FICO
score is at least 20 points above minimum for program - Required is 660
Borrower has 704 Guideline: Qualifying DTI below maximum allowed - Required is 50 Borrower has 37.49 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 11370904 | |||
| XXXX | 3136497 | 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 | |||||||||||||||||||
| XXXX | 3125850 | D | A | D | A | A | A | A | A | Closed | FCRE1159 | 2026-09-12 12:30 | 2026-09-17 16:34 | Resolved | 1 - Information | C | A | Credit | Insurance | Hazard Insurance Effective Date is after the Note Date | Resolved-Upon further
review, gap credit is not required on DSCR
- Due Diligence Vendor-09/17/2026 Ready for Review-The HOI is dated XXXX which corresponds with the disbursement date - Due Diligence Vendor-09/16/2026 Open-Hazard Insurance Effective Date of XXXX is after the Note Date of XXXX Prior policy was effective through XXXX, however dwelling coverage was insufficient. Updated policy replaces previous Declarations Page. Please provide updated Declarations page with an effective date of XXXX. - Due Diligence Vendor-09/12/2026 |
Resolved-Upon further
review, gap credit is not required on DSCR
- Due Diligence Vendor-09/17/2026 |
Months Reserves exceed
minimum required - 11.37 months reserves; 3 months reserves required On time mortgage history exceeds guideline requirement - 0x30x12 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 11346033 | ||||
| XXXX | 3125850 | D | A | D | A | A | A | A | A | Closed | FCRE5782 | 2026-09-11 17:25 | 2026-09-17 16:33 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Borrower 1 Gap
Credit Report is not missing. - Due Diligence Vendor-09/17/2026 Ready for Review-Please revisit, Gap credit report not required per seller guidelines. - Due Diligence Vendor-09/17/2026 Open-Borrower 1 Gap Credit Report is Missing - No evidence of Gap report or UDM report provided. - Due Diligence Vendor-09/12/2026 |
Resolved-Borrower 1 Gap
Credit Report is not missing. - Due Diligence Vendor-09/17/2026 |
Months Reserves exceed
minimum required - 11.37 months reserves; 3 months reserves required On time mortgage history exceeds guideline requirement - 0x30x12 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 11339675 | ||||
| XXXX | 3134628 | 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 | |||||||||||||||||||
| XXXX | 3134253 | D | A | D | A | A | A | A | A | Closed | FCRE1241 | 2026-09-15 11:57 | 2026-09-17 16:28 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Purchase Contract is Missing | Resolved-Received purchase
contract - Due Diligence Vendor-09/17/2026 Ready for Review-Purchase contract - Due Diligence Vendor-09/16/2026 Open-Loan Purpose is Purchase but Purchase Contract is Missing. Purchase Contract is Missing. - Due Diligence Vendor-09/15/2026 |
Resolved-Received purchase
contract - Due Diligence Vendor-09/17/2026 |
Months Reserves exceed
minimum required - Reserves = 93 months – Required Reserves = 3 Months Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 790 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 11391923 | |||
| XXXX | 3137643 | C | A | A | A | C | A | A | A | Closed | finding-3634 | 2026-09-15 14:49 | 2026-09-18 11:24 | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Received
explanation that fees increased with COC for loan locked, fees were not
listed on COC. Finding Resolved. - Due Diligence Vendor-09/18/2026 Ready for Review-COC - Due Diligence Vendor-09/17/2026 Open------- Zero (0%) tolerance fees increased by $50 Bank Statement Review & $29.46 Credit Report without a valid COC in file. Lender Credit of $29.46 was provided on CD dated 08/26/2026. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of $XX, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Remediation options (1) within 60 days of consummation expires 10/25/2026 (2) within 60 days of discovery expires 11/14/2026 remains EV2B under TILA 130(b) (3) After 60 days of discovery, no cure, Statute of Limitations - 3 Years; Expiration Date: XXXX remains EV3C - Due Diligence Vendor-09/15/2026 |
Resolved-Received
explanation that fees increased with COC for loan locked, fees were not
listed on COC. Finding Resolved. - Due Diligence Vendor-09/18/2026 |
Guideline: Qualifying DTI
below maximum allowed - Required is 50 Borrower has 44.48 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 752 Guideline: LTV is less than guideline maximum - Required is 85 Borrower has 80 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 11397796 | |||
| XXXX | 3137550 | C | B | C | B | A | A | A | A | Closed | FCRE1440 | 2026-09-18 09:51 | 2026-09-18 10:48 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Originator
exception granted to allow To proceed with prior housing history free &
clear with property taxes paid late. Non-material waiver applied with comp
factors. - Due Diligence Vendor-09/18/2026 Open-Housing History Does Not Meet Guideline Requirements Exception Approval in file - Pg 891 – Housing History - To proceed with prior housing history free & clear with property taxes paid late - Due Diligence Vendor-09/18/2026 |
Waived-Originator exception
granted to allow To proceed with prior housing history free & clear with
property taxes paid late. Non-material waiver applied with comp factors. -
Due Diligence Vendor-09/18/2026 |
Guideline: Qualifying DTI
below maximum allowed - Required is 50 Borrower has 42.48 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 810 Months Reserves exceed minimum required - Reserves = 149 months – Required Reserves = 3 Months |
FICO 20 points > program
minimum (700 floor) 0x30x24 housing payment history Reserves ≥ 6mos above program minimum |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | Yes | 11472185 | |||
| XXXX | 3137550 | C | B | C | B | A | A | A | A | Closed | FCRE8611 | 2026-09-18 10:15 | 2026-09-18 10:46 | Waived | 2 - Non-Material | C | B | Credit | Income/Employment | Income/Employment General | Waived-Originator
exception granted to allow to proceed with inherited funds for asset
depletion. Non-material waiver applied with comp factors. - Due Diligence
Vendor-09/18/2026 Open-Exception Approval in file - Pg 891 - To proceed with inherited funds for asset depletion - LOE from Borrower on Inherited funds - Pg 377 - Due Diligence Vendor-09/18/2026 |
Waived-Originator exception
granted to allow to proceed with inherited funds for asset depletion.
Non-material waiver applied with comp factors. - Due Diligence
Vendor-09/18/2026 |
Guideline: Qualifying DTI
below maximum allowed - Required is 50 Borrower has 42.48 Guideline: Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 810 Months Reserves exceed minimum required - Reserves = 149 months – Required Reserves = 3 Months |
FICO 20 points > program
minimum (700 floor) 0x30x24 housing payment history Reserves ≥ 6mos above program minimum |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | Yes | 11472724 |