MORGAN STANLEY RESIDENTIAL MORTGAGE LOAN TRUST 2026-NQM12 ABS-15G

 

Exhibit 99.4 - Schedule 6

 

Client Name:  
Client Project Name: MSRM 2026-NQM12
Start - End Dates: 8/27/2025 - 8/18/2026
Deal Loan Count: 166
         
Waived Conditions Summary

 

Review Scope Category Code Description Count
Credit Terms/Guidelines CRDTER113 Loan amount is below guideline minimum 1
Credit Terms/Guidelines CRDTER3262 Property issues indicated 1
Credit Terms/Guidelines CRDTER4631 Loan parameters do not meet guidelines 2
Credit Terms/Guidelines CRDTER4643 Borrower does not meet guideline requirements 3
Credit Terms/Guidelines CRDTER5785 XXX Delivery Restrictions -1 1
Credit Credit/Mtg History CRDCRMH149 Missing support docs for VOM/VOR (e.g. cancelled checks) 1
Credit Credit/Mtg History CRDCRMH193 Length of mortgage/rental history in file does not meet guideline requirement 2
Credit Credit/Mtg History CRDCRMH2662 Number of mortgaged properties exceeds guideline limit 1
Credit LTV/CLTV CRDLTV3026 LTV Exceeds Guideline Requirement by at least 5%, but less than 10% 4
Credit Income/Employment CRDINC150 Income docs do not meet guidelines 1
Credit Income/Employment CRDINC2350 Missing Stated Income 1
Credit Income/Employment CRDINC3204 Income Documentation Missing 1
Credit Income/Employment CRDINC888 Income Amount is  Unsupported by Documentation in File 1
Credit Assets CRDAST2354 Asset Verification In File is Incomplete Per Requirements 1
Credit Assets CRDAST2670 Asset documentation is insufficient per guideline requirements 1
Property Valuations Property PRVAPROP177 Property Issues Indicated 1
Property Valuations Appraisal PRVAAPPR4789 Appraisal Deficiency 2
Total       25

 

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