j.p. morgan acceptance corporation ii ABS-15G
Exhibit 99.27
| TPR Firm: | |
Report Date: | 9/21/2026 | |||||||||||||||||||||||||||||||||
| Client Name: | JP Morgan Chase Bank National Association | Report: | Exception Report | |||||||||||||||||||||||||||||||||
| Deal Name: | JPMMT 2026-NQM6 | Loans in report: | 26 |
| Incenter Loan ID | Client Loan ID | Seller Loan ID | Investor Loan ID | Overall Initial Loan Grade | Overall Final Loan Grade | Credit Initial Loan Grade | Credit Current/Final Loan Grade | Compliance Initial Loan Grade | Compliance Current/Final Loan Grade | Property Initial Loan Grade | Property Current/Final Loan Grade | Queue | Finding Code | Date Created | Date Modified | Finding Status | Event Level | Initial Finding Grade | Current/Final Finding Grade | Finding Category | Finding Sub Category | Finding Name | Finding Comments | Seller Comments | Resolution Comments | Reviewer Comp Factor | Originator Comp Factors | Finding Documents | Originator QM Status | Final Reviewed QM Status | Loan Amount | Property State | Occupancy | Loan Purpose | Refinance Purpose | Acknowledged / WaivedBy | Waiver in File? |
| XXX | 305072668 | XXX | XXX | C | B | C | B | A | A | A | A | Closed | FCRE8611 | 2026-04-06 15:36 | 2026-06-03 10:59 | Waived | 2 - Non-Material | C | B | Credit | Income/Employment | Income/Employment General | Waived-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-06/03/2026 Ready for Review-Document Uploaded. - Seller-06/03/2026 Counter-Received lender exception waiver, however Exception Disposition section must be completed by lender, along with a signature of an authorized party for the lender. - Due Diligence Vendor-06/01/2026 Ready for Review-Document Uploaded. - Seller-06/01/2026 Counter-Received lender LOX and documentation, however insufficient to clear condition as checks received have not cleared the payor's account. Still missing 3 months cancelled checks or bank statements reflecting rent deposit in order to use the higher rent amount of $XXX. - Due Diligence Vendor-05/04/2026 Ready for Review-Document Uploaded. - Seller-05/04/2026 Open-Missing 3 months cancelled checks or bank statement reflecting rent deposit in order to use the higher rent amount of $XXX. Borrower provided 2 copies of the rent checks however they are not cancelled checks and it is only 2 months verses the lender guidelines of 3 months. - Due Diligence Vendor-04/06/2026 |
Ready for Review-Document Uploaded. - Seller-06/03/2026 Ready for Review-Document Uploaded. - Seller-06/01/2026 Ready for Review-Document Uploaded. - Seller-05/04/2026 |
Waived-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-06/03/2026 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 | 1) XXX FICO is greater than 700 minimum 2) Transaction lowered borrower's rate |
XXX cert statement.pdf XXX exception u.pdf XXX exception executed.pdf |
ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Post-Close | Yes |
| XXX | 305097638 | XXX | XXX | D | A | A | A | D | A | A | A | Closed | FCOM8805 | 2026-04-28 13:53 | 2026-05-04 10:37 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Borrower Authorization | Resolved-Received borrower authorization. - Due Diligence Vendor-05/04/2026 Ready for Review-Document Uploaded. - Seller-05/04/2026 Open-Credit report dated XXX pulled by XXX is dated prior to the borrower's authorization dated XXX. Missing documentation to support borrower's authorization to pull credit pulled on XXX. - Due Diligence Vendor-04/28/2026 |
Ready for Review-Document Uploaded. - Seller-05/04/2026 |
Resolved-Received borrower authorization. - Due Diligence Vendor-05/04/2026 |
LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 80% Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 6 months Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 620 |
XXX auth.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Purchase | NA | N/A | N/A | |
| XXX | 305097602 | XXX | XXX | D | A | A | A | D | A | A | A | Closed | FCOM1221 | 2026-04-21 12:29 | 2026-05-12 15:50 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | The Deed of Trust is Incomplete | Resolved-Received Deed of Trust inclusive of Exhibit A Legal Description. Deed of Trust Uploaded XXX appears to be for Loan #: XXX. Correct Deed of Trust was uploaded XXX and XXX after the Condition was Countered. - Due Diligence Vendor-05/12/2026 Ready for Review-Document Uploaded. The correct mortgage was uploaded on XXX. Listed on mortgage Brw XXX-Loan Number-XXX-Address and legal on page 3 reflects XXX and legal is page 13. Please clarify why this is not acceptable? - Seller-05/12/2026 Counter-Deed of Trust Uploaded to Condition is for another loan. Need Deed of Trust for Loan #XXX with legal description attached as Exhibit A. - Due Diligence Vendor-05/04/2026 Ready for Review-Document Uploaded. - Seller-05/04/2026 Counter-Received Deed of Trust, however, it appears to be for another Loan. - Due Diligence Vendor-04/28/2026 Ready for Review-Document Uploaded. - Seller-04/27/2026 Open-The Deed of Trust is Incomplete The Deed of Trust is missing the legal description attached as Exhibit A. Deed of Trust in file dated XXX reflects "SEE ATTACHED LEGAL DESCRIPTION" on Page 3, however, Exhibit A is missing. Need full copy of Deed of Trust inclusive of Exhibit A Legal Description and any Riders. - Due Diligence Vendor-04/21/2026 |
Ready for Review-Document Uploaded. The correct mortgage was uploaded on XXX. Listed on mortgage Brw XXX-Loan Number-XXX-Address and legal on page 3 reflects XXX and legal is page 13. Please clarify why this is not acceptable? - Seller-05/12/2026 Ready for Review-Document Uploaded. - Seller-05/04/2026 Ready for Review-Document Uploaded. - Seller-04/27/2026 |
Resolved-Received Deed of Trust inclusive of Exhibit A Legal Description. Deed of Trust Uploaded XXX appears to be for Loan #: XXX. Correct Deed of Trust was uploaded XXX and XXX after the Condition was Countered. - Due Diligence Vendor-05/12/2026 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680. Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 06 months |
XXX dot with legal.pdf recorded mortgage.pdf mortgage with legal.pdf mortgage with legal.pdf |
ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | Investment | Purchase | NA | N/A | N/A | |
| XXX | 305097602 | XXX | XXX | D | A | A | A | D | A | A | A | Closed | FCOM8805 | 2026-04-21 12:14 | 2026-04-27 09:04 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Borrower Authorization | Resolved-Received borrower authorization. - Due Diligence Vendor-04/27/2026 Ready for Review-Document Uploaded. - Seller-04/25/2026 Open-Credit report dated XXX pulled by XXX is dated prior to the borrower's authorization dated XXX. Missing documentation to support borrower's authorization to pull credit pulled on XXX - Due Diligence Vendor-04/21/2026 |
Ready for Review-Document Uploaded. - Seller-04/25/2026 |
Resolved-Received borrower authorization. - Due Diligence Vendor-04/27/2026 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680. Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 06 months |
crdit auth.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | Investment | Purchase | NA | N/A | N/A | |
| XXX | 305097602 | XXX | XXX | D | A | A | A | D | A | A | A | Closed | FCOM1003 | 2026-04-21 11:14 | 2026-04-27 08:48 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Grant/Warranty Deed is missing | Resolved-Received fully executed XXX General Warranty Deed. - Due Diligence Vendor-04/27/2026 Ready for Review-Document Uploaded. - Seller-04/25/2026 Open-Grant/Warranty Deed is present, but the document is not fully executed. - Due Diligence Vendor-04/21/2026 |
Ready for Review-Document Uploaded. - Seller-04/25/2026 |
Resolved-Received fully executed XXX General Warranty Deed. - Due Diligence Vendor-04/27/2026 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680. Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 06 months |
RecordedDeed.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | Investment | Purchase | NA | N/A | N/A | |
| XXX | 305097569 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCRE8712 | 2026-03-25 15:08 | 2026-04-03 11:21 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Verification of Rent | Resolved-Received supporting short-term rental documentation. - Due Diligence Vendor-04/03/2026 Counter-Received online listing, however unable to tie properties to the lookback history. Unable to identify which unit the lookback history represents as it reflects XXX Unit XXX versus online booking information (6 properties) which does not reflect Unit XXX as an identifier. - Due Diligence Vendor-03/31/2026 Ready for Review-Document Uploaded. - Seller-03/31/2026 Counter-Received credit report, which is insufficient to clear condition. The 12 month look back documentation does not reflect Online Service being used, Property Owner, Property Address or any identifiable property attributes and is not signed. In addition, an Online Listing to show the property is actively marketed is required. - Due Diligence Vendor-03/30/2026 Ready for Review-Document Uploaded. - Seller-03/27/2026 Open-Short-Term Rental Documentation submitted is incomplete. Per guidelines, The 12 month look back documentation does not reflect Online Service being used, Property Owner, Property Address or any identifiable property attributes and is not signed. In addition, an Online Listing to show the property is actively marketed is required. - Due Diligence Vendor-03/25/2026 |
Ready for Review-Document Uploaded. - Seller-03/31/2026 Ready for Review-Document Uploaded. - Seller-03/27/2026 |
Resolved-Received supporting short-term rental documentation. - Due Diligence Vendor-04/03/2026 |
Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 6 months Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680 |
Report_XXX.pdf online listing for XXX.pdf |
ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 305097569 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCOM1233 | 2026-03-25 14:41 | 2026-04-03 09:47 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | The Final 1003 is Incomplete | Resolved-Received revised URLA reflecting all REO. - Due Diligence Vendor-04/03/2026 Ready for Review-Document Uploaded. - Seller-04/02/2026 Open-The Final 1003 is Incomplete The REO Section of the Final URLA is incomplete. Minimum application requirements include the disclosure of all borrower-owned or guarantor-owned REO and associated mortgages reporting on credit. Final URLA does not reflect 1 other properties being currently refinanced with lender. - Due Diligence Vendor-03/25/2026 |
Ready for Review-Document Uploaded. - Seller-04/02/2026 |
Resolved-Received revised URLA reflecting all REO. - Due Diligence Vendor-04/03/2026 |
Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 6 months Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680 |
XXX .pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 305097569 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCOM8805 | 2026-03-20 16:06 | 2026-03-31 16:01 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Borrower Authorization | Resolved-Received borrower authorization. - Due Diligence Vendor-03/31/2026 Ready for Review-Document Uploaded. - Seller-03/31/2026 Open-Credit report dated XXX pulled by XXX is dated prior to the borrower's authorization dated XXX. Missing documentation to support borrower's authorization to pull credit pulled on XXX. - Due Diligence Vendor-03/20/2026 |
Ready for Review-Document Uploaded. - Seller-03/31/2026 |
Resolved-Received borrower authorization. - Due Diligence Vendor-03/31/2026 |
Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 6 months Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680 |
Scan__001.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 305097569 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCRE5116 | 2026-03-25 14:52 | 2026-03-30 10:07 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing VOM or VOR | Resolved-Received supporting documentation for 12 month pay history. - Due Diligence Vendor-03/30/2026 Ready for Review-Document Uploaded. - Seller-03/27/2026 Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Missing VOM for subject property with XXX xxXXX, per guidelines. 12 months mortgage statements submitted is insufficient. - Due Diligence Vendor-03/25/2026 |
Ready for Review-Document Uploaded. - Seller-03/27/2026 |
Resolved-Received supporting documentation for 12 month pay history. - Due Diligence Vendor-03/30/2026 |
Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 6 months Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680 |
Report_XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 305097569 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCOM1221 | 2026-03-20 16:13 | 2026-03-26 16:37 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | The Deed of Trust is Incomplete | Resolved-Received Deed of Trust inclusive of all Pages. - Due Diligence Vendor-03/26/2026 Ready for Review-Document Uploaded. - Seller-03/26/2026 Open-The Deed of Trust is Incomplete Deed of Trust in file dated XXX is missing Page 5 of 12. - Due Diligence Vendor-03/20/2026 |
Ready for Review-Document Uploaded. - Seller-03/26/2026 |
Resolved-Received Deed of Trust inclusive of all Pages. - Due Diligence Vendor-03/26/2026 |
Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 6 months Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680 |
dot.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 305097512 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCOM8805 | 2026-05-05 15:10 | 2026-05-11 10:59 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Borrower Authorization | Resolved-Received borrower authorization. - Due Diligence Vendor-05/11/2026 Ready for Review-Document Uploaded. Credit authorization attached - Seller-05/11/2026 Counter-Received borrower authorization, however insufficient to clear condition as it is dated XXX which is after the date of the credit pulled on XXX. Still missing borrower authorization to pull credit on XXX. - Due Diligence Vendor-05/08/2026 Ready for Review-Document Uploaded. Please see attached - Seller-05/08/2026 Open-Credit report dated XXX pulled by XXX is dated prior to the borrower's authorization dated XXX. Missing documentation to support borrower's authorization to pull credit pulled on XXX. - Due Diligence Vendor-05/05/2026 |
Ready for Review-Document Uploaded. Credit authorization attached - Seller-05/11/2026 Ready for Review-Document Uploaded. Please see attached - Seller-05/08/2026 |
Resolved-Received borrower authorization. - Due Diligence Vendor-05/11/2026 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 70% |
XXX credit authorization.pdf XXX credit authorization.pdf |
ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 305097512 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCRE1676 | 2026-05-07 15:07 | 2026-05-08 09:30 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | Credit General | Resolved-Received revised URLA reflecting corrected declarations for co-borrower. - Due Diligence Vendor-05/08/2026 Ready for Review-Document Uploaded. Revised URLA correcting co-b declarations attached. Sorry this was a typo. - Seller-05/08/2026 Open-The Final URLA indicates that the Co-Borrower will occupy the subject property as a primary residence; however, the loan is structured as an investment DSCR loan. - Due Diligence Vendor-05/07/2026 |
Ready for Review-Document Uploaded. Revised URLA correcting co-b declarations attached. Sorry this was a typo. - Seller-05/08/2026 |
Resolved-Received revised URLA reflecting corrected declarations for co-borrower. - Due Diligence Vendor-05/08/2026 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 70% |
XXX revised urla correcting co-b occupany typo.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 305097483 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCRE7497 | 2026-05-01 12:17 | 2026-05-06 16:11 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Lender commentary received - payment is quarterly. Per credit supplement, no late payments in the last 12 months. $XXX monthly payment x 3 equals $XXX which matches mortgage statement amount. - Due Diligence Vendor-05/06/2026 Ready for Review-It appears they pay in quaterly installments, last 2 payments were XXX & XXX. The next is due XXX. $XXX/3 is $XXX. Please advise if we are ok to waive? Thank you. - Seller-05/06/2026 Open-There is a discrepancy in the Primary Housing Payment. Mortgage Statement submitted for property located at XXX reflects a monthly payment of $XXX with no escrows. However, Credit Report reflects monthly payment of $XXX with no escrows. Lender used lower monthly payment, including escrows to qualify. Verification of actual monthly Housing Payment is required, subject to recalculation of DTI. - Due Diligence Vendor-05/01/2026 |
Ready for Review-It appears they pay in quaterly installments, last 2 payments were XXX & XXX. The next is due XXX. $XXX/3 is $XXX. Please advise if we are ok to waive? Thank you. - Seller-05/06/2026 |
Resolved-Lender commentary received - payment is quarterly. Per credit supplement, no late payments in the last 12 months. $XXX monthly payment x 3 equals $XXX which matches mortgage statement amount. - Due Diligence Vendor-05/06/2026 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 6 months |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Purchase | NA | N/A | N/A | ||
| XXX | 305097483 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCOM1477 | 2026-04-28 11:48 | 2026-05-04 09:41 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing evidence of rate lock | Resolved-Received evidence of Rate Lock Date. - Due Diligence Vendor-05/04/2026 Ready for Review-Document Uploaded. - Seller-05/04/2026 Open-Evidence of Rate Lock Missing Initial Loan Estimate (LE) in file Issued XXX reflects loan as locked, however, missing any form of rate lock confirmation. - Due Diligence Vendor-04/28/2026 |
Ready for Review-Document Uploaded. - Seller-05/04/2026 |
Resolved-Received evidence of Rate Lock Date. - Due Diligence Vendor-05/04/2026 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 6 months |
rate lock date.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Purchase | NA | N/A | N/A | |
| XXX | 305097483 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCOM1003 | 2026-04-28 12:21 | 2026-05-04 09:39 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Grant/Warranty Deed is missing | Resolved-Received Warranty Deed to confirm Vesting on Mortgage. - Due Diligence Vendor-05/04/2026 Ready for Review-Document Uploaded. - Seller-05/04/2026 Open-Missing Grant/Warranty Deed to confirm Vesting on Deed of Trust/Mortgage document in file. - Due Diligence Vendor-04/28/2026 |
Ready for Review-Document Uploaded. - Seller-05/04/2026 |
Resolved-Received Warranty Deed to confirm Vesting on Mortgage. - Due Diligence Vendor-05/04/2026 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 6 months |
wd.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Purchase | NA | N/A | N/A | |
| XXX | 305097478 | XXX | XXX | D | A | C | A | D | A | A | A | Closed | FCRE1182 | 2026-05-08 10:27 | 2026-05-12 17:32 | Resolved | 1 - Information | B | A | Credit | Missing Doc | Approval/Underwriting Summary Not Provided | Resolved-Approval/Underwriting Summary is fully present - Due Diligence Vendor-05/12/2026 Resolved-Received DU Ineligible findings. - Due Diligence Vendor-05/11/2026 Ready for Review-Document Uploaded. DU attached - Seller-05/11/2026 Open- Missing Alternative Loan Review Form (Exhibit F) or DU Ineligible finding for Full Doc submissions per guidelines. - Due Diligence Vendor-05/08/2026 |
Ready for Review-Document Uploaded. DU attached - Seller-05/11/2026 |
Resolved-Approval/Underwriting Summary is fully present - Due Diligence Vendor-05/12/2026 Resolved-Received DU Ineligible findings. - Due Diligence Vendor-05/11/2026 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50. Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 |
XXX ineligible DU.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Purchase | NA | N/A | N/A | |
| XXX | 305097478 | XXX | XXX | D | A | C | A | D | A | A | A | Closed | FCRE1485 | 2026-05-08 10:21 | 2026-05-12 16:29 | Resolved | 1 - Information | C | A | Credit | Assets | Asset 7 Does Not Meet Guideline Requirements | Resolved-Documentation provided reflects borrower as Organizer. - Due Diligence Vendor-05/12/2026 Ready for Review-Document Uploaded. Per my underwriter, the Articles of Incorporation show our borrower is the only member. The XXX Dept of State also confirms there are no other members. - Seller-05/12/2026 Counter-Received duplicate documentation already included in loan file which does not reflect ownership percentage. Still Missing evidence of Percentage of Ownership for XXX. Business Assets XXX xxXXX are being used. Subject to review, additional conditions may apply. - Due Diligence Vendor-05/11/2026 Ready for Review-Document Uploaded. docs attached - Seller-05/11/2026 Open-Asset 7 Does Not Meet Guideline Requirements Missing evidence of Percentage of Ownership for XXX. Business Assets XXX xxXXX are being used and documentation submitted does not reflect % of ownership per guidelines. Subject to review, additional conditions may apply. - Due Diligence Vendor-05/08/2026 |
Ready for Review-Document Uploaded. Per my underwriter, the Articles of Incorporation show our borrower is the only member. The XXX Dept of State also confirms there are no other members. - Seller-05/12/2026 Ready for Review-Document Uploaded. docs attached - Seller-05/11/2026 |
Resolved-Documentation provided reflects borrower as Organizer. - Due Diligence Vendor-05/12/2026 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50. Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 |
XXX - XXX DOS.pdf XXX doc.pdf XXX - XXX DOS.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Purchase | NA | N/A | N/A | |
| XXX | 305097478 | XXX | XXX | D | A | C | A | D | A | A | A | Closed | FCOM1477 | 2026-05-05 13:13 | 2026-05-11 11:23 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing evidence of rate lock | Resolved-Received Rate Lock Agreement that reflects Lock Date of XXX. - Due Diligence Vendor-05/11/2026 Ready for Review-Document Uploaded. rate lock agreement attached - Seller-05/11/2026 Open-Initial Loan Estimate (LE) in file Issued XXX reflects loan as locked, however, the earliest form of rate lock confirmation reflects the rate was locked XXX. - Due Diligence Vendor-05/05/2026 |
Ready for Review-Document Uploaded. rate lock agreement attached - Seller-05/11/2026 |
Resolved-Received Rate Lock Agreement that reflects Lock Date of XXX. - Due Diligence Vendor-05/11/2026 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50. Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 |
XXX rate lock agmt.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Purchase | NA | N/A | N/A | |
| XXX | 305097466 | XXX | XXX | D | A | D | A | A | A | A | A | Closed | FCRE1468 | 2026-05-06 16:48 | 2026-05-08 15:25 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Asset 2 Missing | Resolved-Asset 2 Provided Or Not Applicable - Due Diligence Vendor-05/08/2026 Ready for Review-Document Uploaded. Here are the assets (attached). Cash to close was $XXX XXX #XXX has $XXX available on his HELOC #XXX XXX #XXX has XXX for reserves (6 months are $XXX) - Seller-05/08/2026 Open-Asset 2 Missing Missing 30 Day Statement for Other Liquid Asset listed on Final URLA. In addition, no description of Other asset is listed. Subject to review, additional conditions may apply. - Due Diligence Vendor-05/08/2026 |
Ready for Review-Document Uploaded. Here are the assets (attached). Cash to close was $XXX XXX Bank #XXX has $XXX available on his HELOC #XXX XXX #XXX has XXX for reserves (6 months are $XXX) - Seller-05/08/2026 |
Resolved-Asset 2 Provided Or Not Applicable - Due Diligence Vendor-05/08/2026 |
Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 6 months LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 80% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680 |
Asset - XXX #XXX XXX to XXX - $XXX.pdf Asset - XXX #XXX XXX to XXX - $XXX RESERVES.pdf Asset - XXX Bank #XXX XXX to XXX - $XXX.pdf Asset - XXX Bank #XXX XXX to XXX - $XXX CASH TO CLOSE.pdf |
ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | |
| XXX | 305097442 | XXX | XXX | D | A | C | A | D | A | A | A | Closed | FCRE1194 | 2026-04-09 13:53 | 2026-04-16 09:35 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Resolved-Audited LTV of XXX% is less than or equal to Guideline LTV of 80% - Due Diligence Vendor-04/15/2026 Resolved-Received revised appraisal reflecting market as stable. - Due Diligence Vendor-04/15/2026 Ready for Review-Document Uploaded. The appraiser accidentally listed it as declining. I have attached the correct appraisal showing stable. Thank you - Seller-04/14/2026 Open-Audited LTV of XXX% exceeds Guideline LTV of 75% Max LTV for Interest Only is 80%. 5% LTV reduction due to the declining market. - Due Diligence Vendor-04/09/2026 |
Ready for Review-Document Uploaded. The appraiser accidentally listed it as declining. I have attached the correct appraisal showing stable. Thank you - Seller-04/14/2026 |
Resolved-Audited LTV of XXX% is less than or equal to Guideline LTV of 80% - Due Diligence Vendor-04/15/2026 Resolved-Received revised appraisal reflecting market as stable. - Due Diligence Vendor-04/15/2026 |
Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 6 months. Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660. |
APPRAISAL.PDF | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | Investment | Purchase | NA | N/A | N/A | |
| XXX | 305097442 | XXX | XXX | D | A | C | A | D | A | A | A | Closed | FCRE1203 | 2026-04-09 13:39 | 2026-04-16 09:33 | Resolved | 1 - Information | C | A | Credit | Eligibility | Potential Fraud Reflected on Fraud Report | Resolved-Received revised URLA reflecting completed REO section. - Due Diligence Vendor-04/16/2026 Ready for Review-Document Uploaded. - Seller-04/15/2026 Open-Potential Fraud Reflected on Fraud Report The REO section on the fraud report reflects undisclosed real estate and the credit report reflects 15 open mortgages. Missing an updated 1003/URLA reflecting all owned real estate as required by guidelines for professional investors. - Due Diligence Vendor-04/09/2026 |
Ready for Review-Document Uploaded. - Seller-04/15/2026 |
Resolved-Received revised URLA reflecting completed REO section. - Due Diligence Vendor-04/16/2026 |
Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 6 months. Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660. |
1003_XXX XXXXXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | Investment | Purchase | NA | N/A | N/A | |
| XXX | 305097442 | XXX | XXX | D | A | C | A | D | A | A | A | Closed | FCRE1456 | 2026-04-09 13:46 | 2026-04-15 16:13 | Resolved | 1 - Information | C | A | Credit | Assets | Asset 2 Less Than 2 Months Verified | Resolved-Received supporting documentation for percentage of ownership of XXX and XXX. - Due Diligence Vendor-04/15/2026 Ready for Review-XXX is a corp. Corporations do not have operating agreements. XXX is the incorporator and owns 100% of the company. Can we please get this condition waived? - Seller-04/14/2026 Counter-Received Operating Agreements for XXX and XXX. Operating Agreement for XXX is sufficient as it shows percentage of ownership as 100%, however Operating Agreement for XXX does not reflect percentage of ownership. Missing supporting documentation for percentage of ownership for XXX. - Due Diligence Vendor-04/14/2026 Ready for Review-Document Uploaded. - Seller-04/14/2026 Open-Asset 2 Less Than 2 Months Verified Missing the operating agreement for XXX and XXX to confirm the guarantor's ownership percentage in the company to confirm the funds are acceptable for closing cost and reserves. - Due Diligence Vendor-04/09/2026 |
Ready for Review-XXX is a corp. Corporations do not have operating agreements. XXX is the incorporator and owns 100% of the company. Can we please get this condition waived? - Seller-04/14/2026 Ready for Review-Document Uploaded. - Seller-04/14/2026 |
Resolved-Received supporting documentation for percentage of ownership of XXX and XXX. - Due Diligence Vendor-04/15/2026 |
Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 6 months. Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660. |
XXX & XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | Investment | Purchase | NA | N/A | N/A | |
| XXX | 305097442 | XXX | XXX | D | A | C | A | D | A | A | A | Closed | FCOM1003 | 2026-04-07 11:09 | 2026-04-14 12:59 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Grant/Warranty Deed is missing | Resolved-Received Statutory Warranty Deed to confirm Vesting on Purchase Money Mortgage. - Due Diligence Vendor-04/14/2026 Ready for Review-Document Uploaded. - Seller-04/14/2026 Open-Missing Grant/Warranty Deed to confirm Vesting on Deed of Trust/Mortgage document in file. - Due Diligence Vendor-04/07/2026 |
Ready for Review-Document Uploaded. - Seller-04/14/2026 |
Resolved-Received Statutory Warranty Deed to confirm Vesting on Purchase Money Mortgage. - Due Diligence Vendor-04/14/2026 |
Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 6 months. Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660. |
Deed - Deed - signed (Closing Docs - signed).pdf (18).pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | Investment | Purchase | NA | N/A | N/A | |
| XXX | 305097441 | XXX | XXX | D | A | C | A | D | A | A | A | Closed | FCOM1003 | 2026-04-07 11:04 | 2026-04-17 08:52 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Grant/Warranty Deed is missing | Resolved-Received correct Statutory Warranty Deed. - Due Diligence Vendor-04/17/2026 Ready for Review-Document Uploaded. - Seller-04/16/2026 Counter-Received Statutory Warranty Deed, however, it is not the correct Deed. Need Grant/Warranty Deed to confirm Vesting on Mortgage in file Issued XXX reflecting Borrower as "XXX, an XXX Limited Liability Company" for Subject Property XXX - Due Diligence Vendor-04/16/2026 Ready for Review-Document Uploaded. - Seller-04/16/2026 Open-Missing Grant/Warranty Deed to confirm Vesting on Deed of Trust/Mortgage document in file. - Due Diligence Vendor-04/07/2026 |
Ready for Review-Document Uploaded. - Seller-04/16/2026 Ready for Review-Document Uploaded. - Seller-04/16/2026 |
Resolved-Received correct Statutory Warranty Deed. - Due Diligence Vendor-04/17/2026 |
Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 6 months Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680. |
Sellers Deed.pdf XXX.pdf |
ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | Investment | Purchase | NA | N/A | N/A | |
| XXX | 305097441 | XXX | XXX | D | A | C | A | D | A | A | A | Closed | FCRE1203 | 2026-04-08 20:02 | 2026-04-16 09:56 | Resolved | 1 - Information | C | A | Credit | Eligibility | Potential Fraud Reflected on Fraud Report | Resolved-Received revised URLA reflecting corrected REO section. - Due Diligence Vendor-04/16/2026 Ready for Review-Document Uploaded. - Seller-04/15/2026 Open-Potential Fraud Reflected on Fraud Report The REO section on the fraud report reflects undisclosed real estate and the credit report reflects 15 open mortgages. Missing an updated 1003/URLA reflecting all owned real estate as required by guidelines for professional investors. - Due Diligence Vendor-04/09/2026 |
Ready for Review-Document Uploaded. - Seller-04/15/2026 |
Resolved-Received revised URLA reflecting corrected REO section. - Due Diligence Vendor-04/16/2026 |
Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 6 months Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680. |
1003_XXX XXXXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | Investment | Purchase | NA | N/A | N/A | |
| XXX | 305097441 | XXX | XXX | D | A | C | A | D | A | A | A | Closed | FCRE1456 | 2026-04-07 11:30 | 2026-04-16 09:55 | Resolved | 1 - Information | C | A | Credit | Assets | Asset 2 Less Than 2 Months Verified | Resolved-Received supporting documentation for percentage of ownership. - Due Diligence Vendor-04/16/2026 Ready for Review-Document Uploaded. - Seller-04/15/2026 Counter-Received Operating Agreements for XXX and XXX. Operating Agreement for XXX is sufficient as it shows percentage of ownership as 100%, however Operating Agreement for XXX does not reflect percentage of ownership. Missing supporting documentation for percentage of ownership for XXX. - Due Diligence Vendor-04/14/2026 Ready for Review-Document Uploaded. - Seller-04/14/2026 Open-Missing the operating agreement for XXX and XXX to confirm the guarantor's ownership percentage in the company to confirm the funds are acceptable for closing cost and reserves. - Due Diligence Vendor-04/09/2026 Rescinded-Asset 2 Less Than 2 Months Verified - Due Diligence Vendor-04/07/2026 |
Ready for Review-Document Uploaded. - Seller-04/15/2026 Ready for Review-Document Uploaded. - Seller-04/14/2026 |
Resolved-Received supporting documentation for percentage of ownership. - Due Diligence Vendor-04/16/2026 Rescinded-Asset 2 Less Than 2 Months Verified - Due Diligence Vendor-04/07/2026 |
Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 6 months Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680. |
XXX & XXX.pdf XXX_100% OWNER XXX.pdf |
ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | Investment | Purchase | NA | N/A | N/A | |
| XXX | 305097353 | XXX | XXX | D | B | D | B | D | A | A | A | Closed | FCRE1499 | 2026-05-20 09:37 | 2026-05-20 09:40 | Waived | 2 - Non-Material | C | B | Credit | Assets | Total Qualified Assets for Reserves Post-Close is less than Total Required Reserve Amount | Waived-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-05/20/2026 Open-Total Qualified Assets for Reserves Post-Close of $XXX is less than Total Required Reserve Amount of $XXX - Due Diligence Vendor-05/20/2026 |
Waived-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-05/20/2026 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660 | 1) XXX FICO is greater than 680 minimum 2) XXX DSCR is greater than 1.0 |
ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | Investment | Purchase | NA | Originator Post-Close | Yes | ||
| XXX | 305097353 | XXX | XXX | D | B | D | B | D | A | A | A | Closed | FCRE1480 | 2026-05-04 12:01 | 2026-05-20 09:39 | Waived | 2 - Non-Material | C | B | Credit | Assets | Asset 2 Does Not Meet Guideline Requirements | Waived-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-05/20/2026 Ready for Review-Document Uploaded. can you please send in the attached documentation to clear the last condition - Seller-05/19/2026 Counter-Documentation received, however glossary is not specific to the type of account the XXX account is. Missing supporting documentation as to the type of account the asset is to tie to the glossary. - Due Diligence Vendor-05/05/2026 Ready for Review-Document Uploaded. - Seller-05/05/2026 Open-Asset Record 2 Does Not Meet G/L Requirements Missing evidence Account with XXX can be liquidated and withdrawn per XXX Guidelines for Non-Liquid Assets for reserves. - Due Diligence Vendor-05/04/2026 |
Ready for Review-Document Uploaded. can you please send in the attached documentation to clear the last condition - Seller-05/19/2026 Ready for Review-Document Uploaded. - Seller-05/05/2026 |
Waived-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-05/20/2026 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660 | 1) XXX FICO is greater than 680 minimum 2) XXX DSCR is greater than 1.0 |
XXX Mail - XXX XXX.pdf Glossary _ XXX.pdf 1008_XXX.pdf XXX_EXCEPTION APPROVAL.pdf 1003_XXX.pdf |
ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | Investment | Purchase | NA | Originator Post-Close | Yes |
| XXX | 305097353 | XXX | XXX | D | B | D | B | D | A | A | A | Closed | FCOM8805 | 2026-04-30 12:39 | 2026-05-05 09:43 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Borrower Authorization | Resolved-Received borrower authorization. - Due Diligence Vendor-05/05/2026 Ready for Review-Document Uploaded. - Seller-05/04/2026 Open-Credit report dated XXX pulled by XXX is dated prior to the borrower's authorization dated XXX. Missing documentation to support borrower's authorization to pull credit pulled on XXX. - Due Diligence Vendor-04/30/2026 |
Ready for Review-Document Uploaded. - Seller-05/04/2026 |
Resolved-Received borrower authorization. - Due Diligence Vendor-05/05/2026 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660 | BORROWER AUTH (14).pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | Investment | Purchase | NA | N/A | N/A | |
| XXX | 305097353 | XXX | XXX | D | B | D | B | D | A | A | A | Closed | FCOM1003 | 2026-04-30 12:01 | 2026-05-04 13:06 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Grant/Warranty Deed is missing | Resolved-Received XXX General Warranty Deed to confirm Vesting on Purchase Money Deed of Trust. - Due Diligence Vendor-05/04/2026 Ready for Review-Document Uploaded. - Seller-05/04/2026 Open-Missing Grant/Warranty Deed to confirm Vesting on Deed of Trust/Mortgage document in file. - Due Diligence Vendor-04/30/2026 |
Ready for Review-Document Uploaded. - Seller-05/04/2026 |
Resolved-Received XXX General Warranty Deed to confirm Vesting on Purchase Money Deed of Trust. - Due Diligence Vendor-05/04/2026 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660 | Recorded Deed -XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | Investment | Purchase | NA | N/A | N/A | |
| XXX | 305097353 | XXX | XXX | D | B | D | B | D | A | A | A | Closed | FCRE1152 | 2026-04-30 10:52 | 2026-05-04 12:57 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Received evidence of property taxes. - Due Diligence Vendor-05/04/2026 Ready for Review-Document Uploaded. XXX * .XXX = XXX/ 12 =XXX - Seller-05/04/2026 Open-Missing Evidence of Property Tax Missing documentation to support estimated property taxes used to qualify for New Construction property. - Due Diligence Vendor-05/04/2026 |
Ready for Review-Document Uploaded. XXX * .XXX = XXX/ 12 =XXX - Seller-05/04/2026 |
Resolved-Received evidence of property taxes. - Due Diligence Vendor-05/04/2026 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660 | TAXES.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | Investment | Purchase | NA | N/A | N/A | |
| XXX | 305097352 | XXX | XXX | D | A | D | A | D | A | C | A | Closed | FPRO1136 | 2026-05-04 10:51 | 2026-05-08 11:50 | Resolved | 1 - Information | C | A | Property | Appraisal | Subject property appraisal is not on an as-is basis (Primary Value) | Resolved-Received revised appraisal reflecting As Is. - Due Diligence Vendor-05/08/2026 Ready for Review-Document Uploaded. As is Appraisal attached - Seller-05/07/2026 Open-Primary Value Subject Property Appraisal is not on an As-Is Basis Appraisal is not on an As-Is Basis Missing 1004D from the loan file. - Due Diligence Vendor-05/04/2026 |
Ready for Review-Document Uploaded. As is Appraisal attached - Seller-05/07/2026 |
Resolved-Received revised appraisal reflecting As Is. - Due Diligence Vendor-05/08/2026 |
LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 85% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% |
XXX appraisal as is.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | Investment | Purchase | NA | N/A | N/A | |
| XXX | 305097352 | XXX | XXX | D | A | D | A | D | A | C | A | Closed | FCRE1676 | 2026-05-05 09:41 | 2026-05-08 08:59 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | Credit General | Resolved-Received revised URLA reflecting updated declarations for Borrower 2. - Due Diligence Vendor-05/08/2026 Ready for Review-Document Uploaded. revised urla correcting typo attached - Seller-05/07/2026 Open-The final URLA indicates that the Co-Borrower will occupy the subject property; however, this is an investment-property purchase loan, which requires the property to be non-owner-occupied. - Due Diligence Vendor-05/05/2026 |
Ready for Review-Document Uploaded. revised urla correcting typo attached - Seller-05/07/2026 |
Resolved-Received revised URLA reflecting updated declarations for Borrower 2. - Due Diligence Vendor-05/08/2026 |
LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 85% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% |
XXX urla corrected declarations.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | Investment | Purchase | NA | N/A | N/A | |
| XXX | 305097352 | XXX | XXX | D | A | D | A | D | A | C | A | Closed | FCOM1221 | 2026-05-04 11:59 | 2026-05-07 17:08 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | The Deed of Trust is Incomplete | Resolved-Received Mortgage inclusive of Exhibit A Legal Description. - Due Diligence Vendor-05/07/2026 Ready for Review-Document Uploaded. Mortgage with legal - Seller-05/07/2026 Open-The Deed of Trust is Incomplete The Mortgage is missing the legal description attached as Exhibit A. Mortgage in file dated XXX reflects "SEE ATTACHED LEGAL DESCRIPTION" on Page 3, however, Legal Description is missing. Need full copy of Mortgage inclusive of Exhibit A Legal Description and any Riders. - Due Diligence Vendor-05/04/2026 |
Ready for Review-Document Uploaded. Mortgage with legal - Seller-05/07/2026 |
Resolved-Received Mortgage inclusive of Exhibit A Legal Description. - Due Diligence Vendor-05/07/2026 |
LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 85% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% |
XXX mortgage plus legal.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | Investment | Purchase | NA | N/A | N/A | |
| XXX | 305097327 | XXX | XXX | C | B | C | B | A | A | A | A | Closed | FCRE1248 | 2026-04-20 17:26 | 2026-06-02 14:04 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Purchase is not considered to be an Arm's Length Transaction | Waived-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-06/02/2026 Ready for Review-Document Uploaded. Please see Exception Request attached and advise. - Seller-06/02/2026 Counter-Emailed Lender to provide additional clarification. - Due Diligence Vendor-05/29/2026 Ready for Review-Document Uploaded. - Seller-05/29/2026 Counter-Received revised appraisal reflecting appraiser commentary regarding arms-length transaction. Missing documentation to support why property sold for 50% below market value. - Due Diligence Vendor-05/15/2026 Ready for Review-Document Uploaded. Please see Appraiser's updated comment regarding arms-length transaction and updated UCDPs - Seller-05/15/2026 Counter-Received revised appraisal reflecting transaction is arm's length, however insufficient to clear condition. Missing commentary from appraiser regarding the change from non-arm's length to arm's length. Alos missing documentation to support arms-length transfer as subject being sold at 50% market value. - Due Diligence Vendor-04/28/2026 Ready for Review-Document Uploaded. - Seller-04/28/2026 Open-Appraiser reflects subject purchase is not arm's length. No listed in MLS. Contract shows seller XXX selling to borrower at $XXX versus appraised value of $XXX. Additionally the final Closing Disclosure reflects seller credit of $XXX (6%) and seller shortage/funds into the transaction of XXX. This transactions does not appear to meet eligible non-arm's guideline eligibility. - Due Diligence Vendor-04/20/2026 |
Ready for Review-Document Uploaded. Please see Exception Request attached and advise. - Seller-06/02/2026 Ready for Review-Document Uploaded. - Seller-05/29/2026 Ready for Review-Document Uploaded. Please see Appraiser's updated comment regarding arms-length transaction and updated UCDPs - Seller-05/15/2026 Ready for Review-Document Uploaded. - Seller-04/28/2026 |
Waived-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-06/02/2026 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680 Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 6 months LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 80% |
1) XXX% LTV is less than 80% maximum 2) XXX months of Reserves are greater than 6 month minimum 3) Experienced Investor |
XXX updated appraisal.pdf XXX XXX revised UCDPs dated XXX.pdf XXX XXX revised appraisal dated XXX.pdf XXX XXX LOX.pdf XXX XXX xXXX exception - XXX.pdf |
ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | Investment | Purchase | NA | Originator Post-Close | Yes |
| XXX | 305097327 | XXX | XXX | C | B | C | B | A | A | A | A | Closed | FCRE1168 | 2026-04-17 11:51 | 2026-05-15 12:35 | Resolved | 1 - Information | C | A | Credit | Insurance | Inadequate Hazard Insurance Coverage - Hazard Insurance Coverage is less than all Subject Lien(s) and Replacement Cost Value Provided | Resolved-Received confirmation of sufficient HOI coverage. - Due Diligence Vendor-05/15/2026 Ready for Review-Document Uploaded. Please see attached letter from Insurance Company regarding replacement cost - Seller-05/15/2026 Open-Inadequate Hazard Insurance Coverage - Hazard Insurance Coverage Amount of $XXX is greater than Subject Lien(s) Hazard Insurance Coverage Amount of $XXX. Estimated rebuild cost not provided. - Due Diligence Vendor-04/17/2026 |
Ready for Review-Document Uploaded. Please see attached letter from Insurance Company regarding replacement cost - Seller-05/15/2026 |
Resolved-Received confirmation of sufficient HOI coverage. - Due Diligence Vendor-05/15/2026 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680 Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 6 months LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 80% |
Letter from Insurance regarding coverage.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | Investment | Purchase | NA | N/A | N/A | |
| XXX | 305097323 | XXX | XXX | D | A | A | A | D | A | A | A | Closed | FCOM8805 | 2026-05-15 13:40 | 2026-05-21 16:18 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Borrower Authorization | Resolved-Received borrower authorization. - Due Diligence Vendor-05/21/2026 Ready for Review-Document Uploaded. - Seller-05/21/2026 Open-Credit report dated XXX pulled by XXX is dated prior to the borrower's authorization dated XXX Missing documentation to support borrower's authorization to pull credit pulled on XXX - Due Diligence Vendor-05/15/2026 |
Ready for Review-Document Uploaded. - Seller-05/21/2026 |
Resolved-Received borrower authorization. - Due Diligence Vendor-05/21/2026 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680 | brw auth.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | Investment | Purchase | NA | N/A | N/A | |
| XXX | 305097308 | XXX | XXX | D | A | D | A | A | A | A | A | Closed | FCRE7347 | 2026-05-26 14:45 | 2026-05-29 16:31 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Lease Agreement | Resolved-Received Lender LOX. - Due Diligence Vendor-05/29/2026 Ready for Review-Document Uploaded. - Seller-05/29/2026 Open-The provided lease agreement for XXXX lease agreement does not have an end or a month-to-month clause. - Due Diligence Vendor-05/26/2026 |
Ready for Review-Document Uploaded. - Seller-05/29/2026 |
Resolved-Received Lender LOX. - Due Diligence Vendor-05/29/2026 |
LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 75% Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 6 months DSCR ratio greater than guideline requirement - Calculated DSCR XXX, minimum DSCR per guidelines is 1. |
XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 305097283 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCRE6843 | 2026-04-23 13:48 | 2026-05-13 12:15 | Resolved | 1 - Information | C | A | Credit | Assets | Asset General | Resolved-Received supporting documentation of business ownership percentage. - Due Diligence Vendor-05/13/2026 Ready for Review-Document Uploaded. attached please find docs. My underwriter corrected the asset balance(s) to reflect the 85% ownership percentage. - Seller-05/13/2026 Counter-Received duplicate documentation already included in loan file which is insufficient as it does not reflect percentage of ownership. Borrower is only able to use percentage of assets dependent on how much ownership percentage of business. - Due Diligence Vendor-04/29/2026 Ready for Review-Document Uploaded. - Seller-04/28/2026 Open-Missing supporting documentation, the borrower is 100% owner of XXX as this is where the funds to close is coming from. - Due Diligence Vendor-04/23/2026 |
Ready for Review-Document Uploaded. attached please find docs. My underwriter corrected the asset balance(s) to reflect the 85% ownership percentage. - Seller-05/13/2026 Ready for Review-Document Uploaded. - Seller-04/28/2026 |
Resolved-Received supporting documentation of business ownership percentage. - Due Diligence Vendor-05/13/2026 |
Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 6 months | XXX Ownership.pdf 1008 and 1003 XXX.pdf Operating agreement XXX.pdf |
ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | Investment | Purchase | NA | N/A | N/A | |
| XXX | 305097283 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCRE1676 | 2026-04-23 13:44 | 2026-04-29 11:02 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | Credit General | Resolved-Guideline clarification received. - Due Diligence Vendor-04/29/2026 Ready for Review-Document Uploaded. The child support is not past due. It is $XXX in dispute and a 1-time installment payment. As noted, DSCR loan, no DTI to impact. The presence of child support does not impact the DSCR ratio - Seller-04/28/2026 Open-Missing evidence borrower is no longer obligated to pay child support as listed on the credit report. - Due Diligence Vendor-04/23/2026 |
Ready for Review-Document Uploaded. The child support is not past due. It is $XXX in dispute and a 1-time installment payment. As noted, DSCR loan, no DTI to impact. The presence of child support does not impact the DSCR ratio - Seller-04/28/2026 |
Resolved-Guideline clarification received. - Due Diligence Vendor-04/29/2026 |
Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 6 months | XXX Child Support.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | Investment | Purchase | NA | N/A | N/A | |
| XXX | 305097283 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCRE8012 | 2026-04-23 13:46 | 2026-04-27 14:34 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Purchase Contract | Resolved-Received contract addendum reflecting transaction is an investment. - Due Diligence Vendor-04/27/2026 Ready for Review-Document Uploaded. - Seller-04/27/2026 Open-Purchase agreement is in the file however missing the addendum reflecting subject is an investment property vs. a 2nd home. - Due Diligence Vendor-04/23/2026 |
Ready for Review-Document Uploaded. - Seller-04/27/2026 |
Resolved-Received contract addendum reflecting transaction is an investment. - Due Diligence Vendor-04/27/2026 |
Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 6 months | XXX Purchase Contract Add.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | Investment | Purchase | NA | N/A | N/A | |
| XXX | 305097283 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCOM8805 | 2026-04-21 11:06 | 2026-04-27 14:33 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Borrower Authorization | Resolved-Received borrower authorization. - Due Diligence Vendor-04/27/2026 Ready for Review-Document Uploaded. - Seller-04/27/2026 Open-Credit report dated XXX pulled by XXX is dated prior to the borrower's authorization dated XXX. Missing documentation to support borrower's authorization to pull credit pulled on XXX - Due Diligence Vendor-04/21/2026 |
Ready for Review-Document Uploaded. - Seller-04/27/2026 |
Resolved-Received borrower authorization. - Due Diligence Vendor-04/27/2026 |
Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 6 months | XXX Borrower Auth.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | Investment | Purchase | NA | N/A | N/A | |
| XXX | 305182538 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCRE2994 | 2026-07-02 18:36 | 2026-07-07 13:59 | Resolved | 1 - Information | C | A | Credit | Eligibility | DTI (Back) Ratio does not meet eligibility requirement(s) | Resolved-Documentation received, updated credit liabilities. - Due Diligence Vendor-07/07/2026 Ready for Review-Document Uploaded. attached is updated 1008 & URLA with updated payments for the following accounts per the XXX. Ratio at XXX: The debt with updated payments include: XXX XXXXX; XXX XXXXX; XXX XXXXX; XXX XXXXX; XXX XXXXX & XXX XXXXX. - Seller-07/06/2026 Counter-Credit supplement received, however, does not include debts listed on Original Condition. It appears lender did not recalculate DTI based off of debt listed on GAP Report dated XXX for Borrower 1. An Increase in payments is required to be updated and DTI recalculated. The debt with updated payments include: XXX XXXXX; XXX XXXXX; XXX XXXXX; XXX XXXXX; XXX XXXXX & XXX XXXXX. - Due Diligence Vendor-07/06/2026 Ready for Review-Document Uploaded. debts were paid off prior to closing. See credit supplement showing debts paid off. - Seller-07/03/2026 Open-DTI (Back) Ratio does not meet eligibility requirement(s) It appears lender did not recalculate DTI based off of debt listed on GAP Report dated XXX for Borrower 1. An Increase in payments is required to be updated and DTI recalculated. The debt with updated payments include: XXX XXXXX; XXX XXXXX; XXX XXXXX; XXX XXXXX; XXX XXXXX & XXX XXXXX. - Due Diligence Vendor-07/02/2026 |
Ready for Review-Document Uploaded. attached is updated 1008 & URLA with updated payments for the following accounts per the XXX. Ratio at XXX: The debt with updated payments include: XXX XXXXX; XXX XXXXX; XXX XXXXX; XXX XXXXX; XXX XXXXX & XXX XXXXX. - Seller-07/06/2026 Ready for Review-Document Uploaded. debts were paid off prior to closing. See credit supplement showing debts paid off. - Seller-07/03/2026 |
Resolved-Documentation received, updated credit liabilities. - Due Diligence Vendor-07/07/2026 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680 | credit supplement_cc paid off.pdf 1008_URLA_updated_XXX payments.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Purchase | NA | N/A | N/A | |
| XXX | 305182538 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCRE1193 | 2026-07-02 18:36 | 2026-07-07 13:58 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited DTI Exceeds Guideline DTI | Resolved-Audited DTI of XXX% is less than or equal to Guideline DTI of 50% - Due Diligence Vendor-07/07/2026 Resolved-Documentation received, updated credit liabilities. - Due Diligence Vendor-07/07/2026 Ready for Review-Document Uploaded. attached is updated 1008 & URLA with updated payments for the following accounts per the XXX. Ratio at XXX: The debt with updated payments include: XXX XXXXX; XXX XXXXX; XXX XXXXX; XXX XXXXX; XXX XXXXX & XXX XXXXX. - Seller-07/06/2026 Counter-Credit supplement received, however, does not include debts listed on Original Condition. It appears lender did not recalculate DTI based off of debt listed on GAP Report dated XXX for Borrower 1. An Increase in payments is required to be updated and DTI recalculated. The debt with updated payments include: XXX XXXXX; XXX XXXXX; XXX XXXXX; XXX XXXXX; XXX XXXXX & XXX XXXXX. - Due Diligence Vendor-07/06/2026 Ready for Review-Document Uploaded. see attached credit supplement showing these paid off prior to closing. Also the final CD has the payoff the XXX collected on it. - Seller-07/03/2026 Open-Audited DTI of XXX% exceeds Guideline DTI of 50% It appears lender did not recalculate DTI based off of debt listed on GAP Report dated XXX for Borrower 1. An Increase in payments is required to be updated and DTI recalculated. The debt with updated payments include: XXX XXXXX; XXX XXXXX; XXX XXXXX; XXX XXXXX; XXX XXXXX & XXX XXXXX - Due Diligence Vendor-07/02/2026 |
Ready for Review-Document Uploaded. attached is updated 1008 & URLA with updated payments for the following accounts per the XXX. Ratio at XXX: The debt with updated payments include: XXX XXXXX; XXX XXXXX; XXX XXXXX; XXX XXXXX; XXX XXXXX & XXX XXXXX. - Seller-07/06/2026 Ready for Review-Document Uploaded. see attached credit supplement showing these paid off prior to closing. Also the final CD has the payoff the XXXX collected on it. - Seller-07/03/2026 |
Resolved-Audited DTI of XXX% is less than or equal to Guideline DTI of 50% - Due Diligence Vendor-07/07/2026 Resolved-Documentation received, updated credit liabilities. - Due Diligence Vendor-07/07/2026 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680 | credit supplement_cc paid off.pdf FINAL CD.pdf 1008_URLA_updated_XXX payments.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Purchase | NA | N/A | N/A | |
| XXX | 305182538 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCOM1003 | 2026-06-30 13:25 | 2026-07-07 13:55 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Grant/Warranty Deed is missing | Resolved-Received Warranty Deed which matches vesting on DOT/Mortgage. - Due Diligence Vendor-07/07/2026 Ready for Review-Document Uploaded. Deed with "XXXX" on it. - Seller-07/07/2026 Counter-Received Warranty Deed, however vesting does not include "XXXX." which does not match the final signed Mortgage/DOT. - Due Diligence Vendor-07/06/2026 Ready for Review-Document Uploaded. - Seller-07/06/2026 Open-Missing Grant/Warranty Deed to confirm Vesting on Deed of Trust/Mortgage document in file. - Due Diligence Vendor-06/30/2026 |
Ready for Review-Document Uploaded. Deed with "XXXX" on it. - Seller-07/07/2026 Ready for Review-Document Uploaded. - Seller-07/06/2026 |
Resolved-Received Warranty Deed which matches vesting on DOT/Mortgage. - Due Diligence Vendor-07/07/2026 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680 | XXX Deed.pdf Recorded Deed.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Purchase | NA | N/A | N/A | |
| XXX | 305182538 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCOM1329 | 2026-06-30 11:05 | 2026-07-06 14:35 | Resolved | 1 - Information | B | A | Compliance | Missing Doc | Missing Anti-Steering Disclosure | Resolved-Received applicable disclosure. - Due Diligence Vendor-07/06/2026 Ready for Review-Document Uploaded. - Seller-07/03/2026 Open-Loan option disclosure is missing. - Due Diligence Vendor-06/30/2026 |
Ready for Review-Document Uploaded. - Seller-07/03/2026 |
Resolved-Received applicable disclosure. - Due Diligence Vendor-07/06/2026 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680 | 2015 anti steering loan option disclosure_XXX.pdf 2015 anti steering loan option disclosure_XXX_XXX.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Purchase | NA | N/A | N/A | |
| XXX | 305182538 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCOM1231 | 2026-07-02 18:43 | 2026-07-06 09:49 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | The Initial 1003 is Missing | Resolved-Received initial URLA for all borrowers. - Due Diligence Vendor-07/06/2026 Ready for Review-Document Uploaded. initial URLA XXX/XXX and XXX - Seller-07/03/2026 Open-Missing executed Initial 1003 for Borrower 1 & Borrower 2. - Due Diligence Vendor-07/02/2026 |
Ready for Review-Document Uploaded. initial URLA XXX/XXX and XXX - Seller-07/03/2026 |
Resolved-Received initial URLA for all borrowers. - Due Diligence Vendor-07/06/2026 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680 | 1003 - initial URLA_XXX.pdf Initial URLA_XXX.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Purchase | NA | N/A | N/A | |
| XXX | 305182538 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCRE1201 | 2026-06-30 12:29 | 2026-07-06 09:47 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Received Cleared fraud report. - Due Diligence Vendor-07/06/2026 Ready for Review-Document Uploaded. Fraud report - Seller-07/03/2026 Open-Missing Third Party Fraud Report Subject to review, additional conditions may apply. - Due Diligence Vendor-07/02/2026 |
Ready for Review-Document Uploaded. Fraud report - Seller-07/03/2026 |
Resolved-Received Cleared fraud report. - Due Diligence Vendor-07/06/2026 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680 | Fraud.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Purchase | NA | N/A | N/A | |
| XXX | 305182499 | XXX | XXX | D | A | A | A | D | A | A | A | Closed | FCOM8805 | 2026-06-15 13:22 | 2026-06-17 16:30 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Borrower Authorization | Resolved-Received borrower authorization. - Due Diligence Vendor-06/17/2026 Ready for Review-Document Uploaded. - Seller-06/17/2026 Open-Credit report dated XXX pulled by XXX is dated prior to the borrower's authorization dated XXX Missing documentation to support borrower's authorization to pull credit pulled on XXX. - Due Diligence Vendor-06/15/2026 |
Ready for Review-Document Uploaded. - Seller-06/17/2026 |
Resolved-Received borrower authorization. - Due Diligence Vendor-06/17/2026 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 80% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 Residual Income greater than minimum required - $XXX residual income is greater than minimum residual income required per guidelines $1,500. Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 03 months |
Credit Authorization.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Purchase | NA | N/A | N/A | |
| XXX | 305182225 | XXX | XXX | D | A | A | A | D | A | A | A | Closed | FCOM8805 | 2026-06-30 10:51 | 2026-07-06 09:36 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Borrower Authorization | Resolved-Received borrower authorization. - Due Diligence Vendor-07/06/2026 Ready for Review-Document Uploaded. - Seller-07/02/2026 Open-Credit report dated XXX pulled by XXX is dated prior to the borrower's authorization dated XXX. Missing documentation to support borrower's authorization to pull credit pulled on XXX. - Due Diligence Vendor-06/30/2026 |
Ready for Review-Document Uploaded. - Seller-07/02/2026 |
Resolved-Received borrower authorization. - Due Diligence Vendor-07/06/2026 |
Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 6 months LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 75% Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660 |
XXX authorization.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 305182190 | XXX | XXX | D | A | A | A | D | A | A | A | Closed | FCOM1231 | 2026-06-22 12:41 | 2026-06-25 09:08 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | The Initial 1003 is Missing | Resolved-Received Initial Uniform Residential Loan Application. - Due Diligence Vendor-06/25/2026 Ready for Review-Document Uploaded. - Seller-06/24/2026 Open-The Initial 1003 is Missing - Due Diligence Vendor-06/22/2026 |
Ready for Review-Document Uploaded. - Seller-06/24/2026 |
Resolved-Received Initial Uniform Residential Loan Application. - Due Diligence Vendor-06/25/2026 |
Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 2 months Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660 |
Initial_1003_XXX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | Investment | Purchase | NA | N/A | N/A | |
| XXX | 305182190 | XXX | XXX | D | A | A | A | D | A | A | A | Closed | FCOM8805 | 2026-06-22 15:31 | 2026-06-24 09:44 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Borrower Authorization | Resolved-Received borrower authorization. - Due Diligence Vendor-06/24/2026 Ready for Review-Document Uploaded. - Seller-06/23/2026 Open-Credit report dated XXX pulled by XXX is dated prior to the borrower's authorization dated XXX. Missing documentation to support borrower's authorization to pull credit pulled on XXX - Due Diligence Vendor-06/22/2026 |
Ready for Review-Document Uploaded. - Seller-06/23/2026 |
Resolved-Received borrower authorization. - Due Diligence Vendor-06/24/2026 |
Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 2 months Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660 |
borrower's authorization.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | Investment | Purchase | NA | N/A | N/A | |
| XXX | 305182411 | XXX | XXX | D | A | C | A | D | A | A | A | Closed | FCOM1477 | 2026-06-19 16:03 | 2026-07-01 09:08 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing evidence of rate lock | Resolved-Received Lock Confirmation Sheet that reflects Date Locked XXX. - Due Diligence Vendor-07/01/2026 Ready for Review-Document Uploaded. Please see the attached Lock Confirmation Sheet. Thank you! - Seller-07/01/2026 Counter-Received Change of Circumstance Form and corresponding Closing Disclosure Issued XXX, however, missing evidence to confirm the Rate was Locked at, or prior to the issuance of the Initial Loan Estimated dated XXX as it reflects Rate Lock. - Due Diligence Vendor-06/29/2026 Ready for Review-Document Uploaded. Sorry for the confusion, please see the attached COC. There should be no marking on the lock statement as the CD XXX is a revised Initial CD and not Lock LE. Thank you. - Seller-06/29/2026 Open-Evidence of Rate Lock Missing Initial Loan Estimate (LE) in file Issued XXX reflects loan as locked, however, the earliest form of rate lock confirmation reflects the rate was locked XXX. - Due Diligence Vendor-06/25/2026 |
Ready for Review-Document Uploaded. Please see the attached Lock Confirmation Sheet. Thank you! - Seller-07/01/2026 Ready for Review-Document Uploaded. Sorry for the confusion, please see the attached COC. There should be no marking on the lock statement as the CD XXX is a revised Initial CD and not Lock LE. Thank you. - Seller-06/29/2026 |
Resolved-Received Lock Confirmation Sheet that reflects Date Locked XXX - Due Diligence Vendor-07/01/2026 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660 | Revised ICD - XXX.PDF COC_XXX_incorrect lock marking corrected.pdf XXX_Lock Confirmation Sheet_lock dateXXX.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 305182411 | XXX | XXX | D | A | C | A | D | A | A | A | Closed | FCRE1254 | 2026-06-25 16:16 | 2026-06-29 10:04 | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Received title supplement reflecting sufficient title coverage. - Due Diligence Vendor-06/29/2026 Ready for Review-Document Uploaded. Please see the attached SUPPLEMENTAL REPORT $XXX. Thank you! - Seller-06/29/2026 Open-Property Title Issue Missing title supplement with coverage amount $XXX - Due Diligence Vendor-06/25/2026 |
Ready for Review-Document Uploaded. Please see the attached SUPPLEMENTAL REPORT $XXX Thank you! - Seller-06/29/2026 |
Resolved-Received title supplement reflecting sufficient title coverage. - Due Diligence Vendor-06/29/2026 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660 | SUPPLEMENTAL REPORT $XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Investment | Refinance | Cash Out - Other | N/A | N/A | |
| XXX | 305182118 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCRE1201 | 2026-07-01 15:09 | 2026-07-02 11:43 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Received cleared fraud report. - Due Diligence Vendor-07/02/2026 Ready for Review-Document Uploaded. - Seller-07/02/2026 Counter-Received fraud report, however appraiser is not found in ASC database. Missing evidence appraiser is licensed through the Appraisal Sub Committee. - Due Diligence Vendor-07/02/2026 Ready for Review-Document Uploaded. - Seller-07/02/2026 Open-Missing Third Party Fraud Report - Due Diligence Vendor-07/01/2026 |
Ready for Review-Document Uploaded. - Seller-07/02/2026 Ready for Review-Document Uploaded. - Seller-07/02/2026 |
Resolved-Received cleared fraud report. - Due Diligence Vendor-07/02/2026 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680 Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 6 months |
XXX Fraud Report.pdf XXX Updated Fraud.pdf |
ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | Investment | Purchase | NA | N/A | N/A | |
| XXX | 305182118 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCOM8805 | 2026-07-01 15:27 | 2026-07-02 10:23 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Borrower Authorization | Resolved-Received borrower authorization. - Due Diligence Vendor-07/02/2026 Ready for Review-Document Uploaded. - Seller-07/02/2026 Open-Credit report dated XXX pulled by XXX is dated prior to the borrower's authorization dated XXX. Missing documentation to support borrower's authorization to pull credit pulled on XXX. - Due Diligence Vendor-07/01/2026 |
Ready for Review-Document Uploaded. - Seller-07/02/2026 |
Resolved-Received borrower authorization. - Due Diligence Vendor-07/02/2026 |
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680 Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 6 months |
XXX Credit Auth LOX.pdf | ATR/QM: Exempt | ATR/QM: Exempt | XXX | XXX | Investment | Purchase | NA | N/A | N/A | |
| XXX | 305097562 | XXX | XXX | D | A | D | A | A | A | C | A | Closed | FVAL3867 | 2026-04-30 17:12 | 2026-05-06 17:53 | Resolved | 1 - Information | C | A | Property | Property | Property is Mixed Use | Resolved-Received Borrower Letter of Explanation. - Due Diligence Vendor-05/06/2026 Ready for Review-Document Uploaded. - Seller-05/06/2026 Counter-Received lender commentary and search information however, insufficient to resolve. Missing signed letter of explanation from borrower, and comments from the appraiser as to whether the appraiser inquired as to the status of the property being used as a daycare facility. - Due Diligence Vendor-05/04/2026 Ready for Review-Document Uploaded. - Seller-05/04/2026 Open-Missing documentation to support home is not mixed use as interior/exterior photos show classroom type setup. - Due Diligence Vendor-04/30/2026 |
Ready for Review-Document Uploaded. - Seller-05/06/2026 Ready for Review-Document Uploaded. - Seller-05/04/2026 |
Resolved-Received Borrower Letter of Explanation. - Due Diligence Vendor-05/06/2026 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 85% Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 9 months Residual Income greater than minimum required - $XXX residual income is greater than minimum residual income required per guidelines $3,100. Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 |
XXX_UW RESPONSE.pdf XXX_LOE Primary Residence.pdf XXX_LOE PR Summary.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | |
| XXX | 305097562 | XXX | XXX | D | A | D | A | A | A | C | A | Closed | FCRE1347 | 2026-04-29 14:51 | 2026-05-06 17:53 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 2 3rd Party VOE Prior to Close Missing | Resolved-Received VVOE. - Due Diligence Vendor-05/06/2026 Ready for Review-Document Uploaded. - Seller-05/06/2026 Open-Borrower 2 3rd Party VOE Prior to Close Missing - Due Diligence Vendor-04/29/2026 |
Ready for Review-Document Uploaded. - Seller-05/06/2026 |
Resolved-Received VVOE. - Due Diligence Vendor-05/06/2026 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 85% Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 9 months Residual Income greater than minimum required - $XXX residual income is greater than minimum residual income required per guidelines $3,100. Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 |
XXX_VVOE.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | |
| XXX | 305097562 | XXX | XXX | D | A | D | A | A | A | C | A | Closed | FCRE1316 | 2026-04-29 14:51 | 2026-05-06 17:53 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Received VVOE. - Due Diligence Vendor-05/06/2026 Ready for Review-Document Uploaded. - Seller-05/06/2026 Open-Borrower 1 3rd Party VOE Prior to Close Missing - Due Diligence Vendor-04/29/2026 |
Ready for Review-Document Uploaded. - Seller-05/06/2026 |
Resolved-Received VVOE. - Due Diligence Vendor-05/06/2026 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 85% Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 9 months Residual Income greater than minimum required - $XXX residual income is greater than minimum residual income required per guidelines $3,100. Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 |
XXX_VVOE.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | |
| XXX | 305097562 | XXX | XXX | D | A | D | A | A | A | C | A | Closed | FCRE1424 | 2026-04-29 14:51 | 2026-05-06 17:15 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 4 Executed 4506-T Missing | Resolved-Received signed 4506C for Borrower 4. - Due Diligence Vendor-05/06/2026 Ready for Review-Document Uploaded. - Seller-05/06/2026 Open-Borrower 4 Executed 4506-T Missing - Due Diligence Vendor-04/29/2026 |
Ready for Review-Document Uploaded. - Seller-05/06/2026 |
Resolved-Received signed 4506C for Borrower 4. - Due Diligence Vendor-05/06/2026 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 85% Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 9 months Residual Income greater than minimum required - $XXX residual income is greater than minimum residual income required per guidelines $3,100. Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 |
XXX_4506-C_XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | |
| XXX | 305097562 | XXX | XXX | D | A | D | A | A | A | C | A | Closed | FCRE1364 | 2026-04-29 14:51 | 2026-05-06 14:02 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 2 Executed 4506-T Missing | Resolved-Received signed 4506C for Borrower 2. - Due Diligence Vendor-05/06/2026 Ready for Review-Document Uploaded. - Seller-05/06/2026 Open-Borrower 2 Executed 4506-T Missing - Due Diligence Vendor-04/29/2026 |
Ready for Review-Document Uploaded. - Seller-05/06/2026 |
Resolved-Received signed 4506C for Borrower 2. - Due Diligence Vendor-05/06/2026 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 85% Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 9 months Residual Income greater than minimum required - $XXX residual income is greater than minimum residual income required per guidelines $3,100. Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 |
XXX_4506_XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | |
| XXX | 305097562 | XXX | XXX | D | A | D | A | A | A | C | A | Closed | FCRE1148 | 2026-04-27 13:29 | 2026-05-04 10:36 | Resolved | 1 - Information | C | A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Received final title policy reflecting sufficient title coverage. - Due Diligence Vendor-05/04/2026 Ready for Review-Document Uploaded. - Seller-05/04/2026 Open-Title Coverage Amount of $XXX is Less than Total Amount of Subject Lien(s) of $XXX Missing an updated title or title supplement reflecting the tile policy amount. - Due Diligence Vendor-04/30/2026 |
Ready for Review-Document Uploaded. - Seller-05/04/2026 |
Resolved-Received final title policy reflecting sufficient title coverage. - Due Diligence Vendor-05/04/2026 |
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50% LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 85% Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 9 months Residual Income greater than minimum required - $XXX residual income is greater than minimum residual income required per guidelines $3,100. Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700 |
XXX_FINAL TITLE POLICY.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | |
| XXX | 305097335 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCRE1471 | 2026-05-26 16:30 | 2026-06-01 16:04 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Asset 5 Missing | Resolved-Received supporting documentation. - Due Diligence Vendor-06/01/2026 Ready for Review-Document Uploaded. - Seller-05/29/2026 Open-Asset 5 Missing - Due Diligence Vendor-05/26/2026 |
Ready for Review-Document Uploaded. - Seller-05/29/2026 |
Resolved-Received supporting documentation. - Due Diligence Vendor-06/01/2026 |
Residual Income greater than minimum required - $XXX residual income is greater than minimum residual income required per guidelines $2800. Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 9 months Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720 LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 85% |
Missing complete full months asset statement (XXX Bank #XXX). The Provided transaction printout is not acceptable. | XXX_UW RESPONSE.pdf XXX_XXX BANK #XXX TRANS HSTY AND HELOC AGAREEMNT.pdf |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Purchase | NA | N/A | N/A |
| XXX | 305097335 | XXX | XXX | D | A | D | A | D | A | A | A | Closed | FCOM1797 | 2026-05-26 17:36 | 2026-05-29 15:25 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Missing Service Provider List | Resolved-Received Additional Details for Services You Can Shop For dated XXX. - Due Diligence Vendor-05/29/2026 Ready for Review-Document Uploaded. - Seller-05/29/2026 Open-Additional Details for Services You Can Shop For is in file, however, it was Issued XXX. Need Written List of Service Providers with proof issued within 3 business days of application. Unable to complete regulatory compliance check and TRID monitoring. - Due Diligence Vendor-05/26/2026 |
Ready for Review-Document Uploaded. - Seller-05/29/2026 |
Resolved-Received Additional Details for Services You Can Shop For dated XXX. - Due Diligence Vendor-05/29/2026 |
Residual Income greater than minimum required - $XXX residual income is greater than minimum residual income required per guidelines $2800. Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 9 months Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720 LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 85% |
XXX_XXX.pdf | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXX | XXX | Primary Residence | Purchase | NA | N/A | N/A |