Marketing ID

Infinity Loan ID

Loan Number

Loan Number 2

Borrower Last Name

Property State

Note Date

Loan Purpose

TPR QM ATR Status

Initial Overall Loan Grade

Final Overall Loan Grade

Exception Category

Exception Subcategory

Exception Code

Final Exception Status

Initial Exception Grade

Final Exception Grade

Exception

Exception Detail

Follow-up Comments (Exception Response)

Exception Conclusion Comments

Compensating Factors

Curable Status

Loan Status

Review Date

Cleared Date

Cured Date

Exception Date

Texas

07/XX/2026

Purchase

Non-QM/Compliant

Credit

4NUZD2VOQK2-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of the updated Deed of Trust excluding the Condominium Rider, as the property is a Single-Family Residence
07/23/2026: Resolved. Received LOE that property is a condo according to the legal description

07/23/2026: Resolved. Received LOE that property is a condo according to the legal description

QC Complete

07/20/2026

07/23/2026

07/17/2026

Texas

07/XX/2026

Purchase

Non-QM/Compliant

Credit

4NUZD2VOQK2-UTM9VHCU

Resolved

* Final Application Incomplete (Lvl R)

Provide a copy of updated Final 1003 application reflecting Asset Qualifier under Other Income Sources.
07/23/2026: Resolved. Updated 1003 not needed with income listed loan is an asset depletion

07/23/2026: Resolved. Updated 1003 not needed with income listed loan is an asset depletion

QC Complete

07/20/2026

07/23/2026

07/17/2026

Ohio

01/XX/2026

Refinance

Non-QM/Compliant

Compliance

B4DGIFD5X1M-O5S9HFJ8

Resolved

* Federal Higher Price Mortgage Loan (Lvl R)

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.

Higher-Priced Mortgage Loan Test: Charged 7.964% Allowed 7.690% Overby +0.274%

This loan is compliant with regulation 1026.35

This loan is compliant with regulation 1026.35

QC Complete

02/12/2026

02/11/2026

Indiana

06/XX/2026

Refinance

Non-QM/Compliant

Credit

VR3XGVDMUMD-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide an updated hazard insurance document for the property "XX with premium amount reflecting on it.
07/22/2026: Countered. Policy provided is not for XX. Provide HOI policy for XX with premium amount listed.
07/28/206: Resolved. Received updated HOI

07/28/206: Resolved. Received updated HOI

QC Complete

07/20/2026

07/28/2026

07/20/2026

New York

06/XX/2026

Purchase

Not Covered/Exempt

Credit

CT1B1YAT1G4-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide a copy of updated Title report for the mortgage clause which should reflect ISAO/ATIMA in the file.

08/06/2026 Resolved: The copy of title commitment resolves the condition.

08/06/2026 Resolved: The copy of title commitment resolves the condition.

QC Complete

07/20/2026

08/06/2026

07/17/2026

Kansas

06/XX/2026

Cash Out

Not Covered/Exempt

Valuation

Doc Issue

HCD0SEASQJO-WMO0OGAE

Resolved

* Appraisal incomplete (missing map, layout, pages, etc) (Lvl R)

Provide a copy of Finished photos of the Laundry area in appraisal report.
07/22/2026: Resolved. Appraisal is as is and fannie mae does not require pictures of the laundry area.

07/22/2026: Resolved. Appraisal is as is and fannie mae does not require pictures of the laundry area.

QC Complete

07/20/2026

07/22/2026

07/17/2026

South Dakota

06/XX/2026

Refinance

Non-QM/Compliant

Credit

5ZREGR5DRKK-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide supporting documentation (receipt or other evidence) for the subject property's HOA dues or other expenses in the amount of $1,335.65.
07/23/2026; Resolved. Received XX property tax calculator & estimator and loe of Refer to underwriter worksheet for monthly taxes of $1536.40 included in qualifying. Property is new construction. Taxes on title binder ($2409.08 / 12 = $200.75 monthly) unimproved land only and shown on property tax line below. Balance of $1335.65 combined with $200.75 = $1536.40 and are estimated after improved taxes used in qualifying. Refer to comments on 1008 for calculation of estimated taxes. Also attached is real estate tax calculator showing slightly higher ($135 monthly) taxes with negligible impact to DTI of 31%.

07/23/2026; Resolved. Received XX property tax calculator & estimator and loe of Refer to underwriter worksheet for monthly taxes of $1536.40 included in qualifying. Property is new construction. Taxes on title binder ($2409.08 / 12 = $200.75 monthly) unimproved land only and shown on property tax line below. Balance of $1335.65 combined with $200.75 = $1536.40 and are estimated after improved taxes used in qualifying. Refer to comments on 1008 for calculation of estimated taxes. Also attached is real estate tax calculator showing slightly higher ($135 monthly) taxes with negligible impact to DTI of 31%.

QC Complete

07/20/2026

07/23/2026

07/17/2026

California

06/XX/2026

Purchase

Not Covered/Exempt

Credit

B4NV4GXDFLZ-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of updated title report for ISAOA/ATIMA clause, as it is currently missing
07/24/2026: Countered. A copy of the Title Report with ISAOA/ATIMA clause is still missing.
07/28/2026: Countered. Updated title is still needed with ISAOA/ATIMA clause
07/30/2026: Resolved. Received updated title

07/30/2026: Resolved. Received updated title

QC Complete

09/29/2026

07/07/2026

California

06/XX/2026

Purchase

Not Covered/Exempt

Credit

B4NV4GXDFLZ-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Demand Feature check box is not updated on Page 4 of the Final CD and PCCD.

Resolved 07/23/2026: Received updated Demand Feature check box Final CD and PCCD and exception is cleared.

Resolved 07/23/2026: Received updated Demand Feature check box Final CD and PCCD and exception is cleared.

QC Complete

09/29/2026

Texas

07/XX/2026

Cash Out

Non-QM/Compliant

Credit

Doc Issue

NO13N1EYODC-WP2ZZ45K

Resolved

* Missing flood cert (Lvl R)

Provide a copy of flood cert as it is missing.
08/05/2026: Resolved. Received flood cert

08/05/2026: Resolved. Received flood cert

QC Complete

07/30/2026

08/05/2026

07/29/2026

New Jersey

06/XX/2026

Purchase

Not Covered/Exempt

Credit

JYSQZXERGXB-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide supporting documentation (such as a receipt, invoice, or other acceptable evidence) for the property taxes, insurance, or HOA fees for the property located at XX.
07/24/2026: Countered. If borrower does not own XX the property needs to be removed from the REO on the 1003.
07/29/2026: Resolved. Received updated 1003 with property removed as borrower no longer owns property

07/29/2026: Resolved. Received updated 1003 with property removed as borrower no longer owns property

QC Complete

07/20/2026

07/29/2026

07/17/2026

Tennessee

06/XX/2026

Purchase

Non-QM/Compliant

Credit

EHGV5IDTDE1-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide a copy of settlement statement for the sale of the property located at XX resulting in net proceeds of at least $165,000.
07/24/2026: Resolved. Received CD

07/24/2026: Resolved. Received CD

QC Complete

07/20/2026

07/24/2026

07/20/2026

Massachusetts

07/XX/2026

Refinance

Not Covered/Exempt

Credit

LRLC1SNY5TK-UDN50XOG

Resolved

* Borrower Identity Missing (Lvl R)

Provide a copy of government ID for the borrower as it is missing
08/07/2026; Resolved. Received ID

08/07/2026; Resolved. Received ID

QC Complete

07/30/2026

08/07/2026

07/30/2026

North Carolina

06/XX/2026

Refinance

Non-QM/Compliant

Credit

KT4ZZBVJD4H-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of Replacement cost estimate. Amount of hazard insurance is not sufficient to cover the loan amount.
07/29/2026: Counter: The insurable value of the property i.e. the dwelling coverage($XX) is less than the loan amount of $XX. Also, as per the appraisal report, the replacement cost new is $XX. Thus, we would need a coverage of at least equal to 80% of replacement cost new.

08/05/2026 Resolved: Resolved as the letter indicates that the property is insured for 100% of its insurable value.

08/05/2026 Resolved: Resolved as the letter indicates that the property is insured for 100% of its insurable value.

QC Complete

07/20/2026

08/05/2026

08/04/2026

California

06/XX/2026

Purchase

Not Covered/Exempt

Credit

V2XNO10CQSM-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of the payoff statement for XX loan #XX showing the monthly payment of $3,176.00
07/20/2026: Resolved. Debt was included in DTI

07/20/2026: Resolved. Debt was included in DTI

QC Complete

07/07/2026

07/20/2026

07/07/2026

California

06/XX/2026

Purchase

Not Covered/Exempt

Credit

Doc Issue

V2XNO10CQSM-V7TJ126N

Resolved

* Amount of title insurance is less than mortgage amount (Lvl R)

The preliminary title report does not reflect the insured coverage amount of $XX. provide a copy of the title supplemental report that includes the ISAOA/ATIMA clause.
07/30/2026: Resolved. Received updated title

07/30/2026: Resolved. Received updated title

QC Complete

07/07/2026

07/30/2026

07/06/2026

Montana

06/XX/2026

Cash Out

Not Covered/Exempt

Credit

OJDEW0L43DG-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of updated 1003, as the loan has been qualified with DSCR but 1003 reflects other income.
07/29/2026: Resolved. Received updated 1003

07/29/2026: Resolved. Received updated 1003

QC Complete

07/20/2026

07/29/2026

07/20/2026

Ohio

06/XX/2026

Purchase

Non-QM/Compliant

Compliance

FNXBZIKJZWY-O5S9HFJ8

Resolved

* Federal Higher Price Mortgage Loan (Lvl R)

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.

Higher-Priced Mortgage Loan Test: Charged 9.540% Allowed 8.070% Overby +1.470%.

This loan is compliant with regulation 1026.35.

This loan is compliant with regulation 1026.35.

QC Complete

07/17/2026

07/16/2026

Ohio

06/XX/2026

Purchase

Non-QM/Compliant

Credit

FNXBZIKJZWY-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide proof documents for taxes, insurance, and HOA for the property address: XX.
07/24/2026: Countered. Proof of taxes is still needed.
07/27/2026: Countered. Proof of taxes is still needed. Page 5 is supplemental consumer information form.
07/28/2026: Resolved. Taxes used are from the Drive report

07/28/2026: Resolved. Taxes used are from the Drive report

QC Complete

07/17/2026

07/28/2026

07/16/2026

Maryland

06/XX/2026

Purchase

Non-QM/Compliant

Credit

IOGAXK15PBM-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide an updated title report that includes the required mortgagee clause (ISAOA/ATIMA), as it is missing from the title report currently in the file.
07/20/2026: Countered. The CPL does have the mortgage clause. However the mortgage clause is still required for the title comminment. Please provided updated title with mortgage clause.
07/29/2026; Resolved. Received title with mortgage clause

07/29/2026; Resolved. Received title with mortgage clause

QC Complete

07/17/2026

07/29/2026

07/16/2026

Texas

06/XX/2026

Purchase

Non-QM/Compliant

Credit

2IRNCQSLFFR-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

CPA letter reflects borrower ownership 100% on business income, however borrower bank statement reflects borrower name. Provide the supporting documents for borrower business income.
07/22/2026: Resolved. Personal bank statements are allowed for business income. Three months of business bank statements must be provided to document the qualifying business is an operating entity. If business bank statements cannot be provided to evidence a separate business account with operating activity, then the personal statements must follow the requirements of business bank statements

07/22/2026: Resolved. Personal bank statements are allowed for business income. Three months of business bank statements must be provided to document the qualifying business is an operating entity. If business bank statements cannot be provided to evidence a separate business account with operating activity, then the personal statements must follow the requirements of business bank statements

QC Complete

07/17/2026

07/22/2026

07/16/2026

Texas

06/XX/2026

Purchase

Non-QM/Compliant

Compliance

2IRNCQSLFFR-T6JX6WMZ

Resolved

* Closing_Disclosure violations (Lvl R)

Final CD dated XX page 4 Demand feature check box is not marked, kindly provide updated PCCD with the demand feature updated.

Resolved 07/23/2026: Received updated Demand Feature check box PCCD and exception is cleared.

Resolved 07/23/2026: Received updated Demand Feature check box PCCD and exception is cleared.

QC Complete

07/17/2026

07/23/2026

07/16/2026

Florida

06/XX/2026

Purchase

Non-QM/Compliant

Credit

QYCW5ZSOEH1-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide a copy of the evidence document receipt HOA fee for property ##XX., in the amount of $125.00, as it is missing.
07/28/2026: Resolved. Received HOA information

07/28/2026: Resolved. Received HOA information

QC Complete

07/17/2026

07/28/2026

07/17/2026

106

Georgia

06/XX/2026

Purchase

Not Covered/Exempt

Credit

Underwriting

SZDFXEIDPCP-V81IZTFE

Resolved

* Transmittal (1008) is Missing (Lvl R)

Provide a copy of 1008 transmittal document as it is missing.

07/27/2026 Resolved : The condition has been resolved as 1008 is not required.

07/27/2026 Resolved : The condition has been resolved as 1008 is not required.

QC Complete

07/17/2026

07/27/2026

07/16/2026

138

Georgia

07/XX/2026

Purchase

Not Covered/Exempt

Credit

ELYJUGYPZ0Q-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of updated title with mortgage clause.
08/07/2026: Resolved. Received updated title

08/07/2026: Resolved. Received updated title

QC Complete

08/03/2026

08/07/2026

07/31/2026

148

North Carolina

07/XX/2026

Purchase

Non-QM/Compliant

Credit

TV135X0BN2B-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a revised final 1003 Loan Application. In Property Information section, the property value is listed as $XX, which differs from the appraised property value of $XX shown in the appraisal report
08/11/2026: Resolved. Received updated 1003

08/11/2026: Resolved. Received updated 1003

QC Complete

08/03/2026

08/11/2026

08/03/2026

426

New York

07/XX/2026

Purchase

Not Covered/Exempt

Valuation

Property

EIUK35RN4MV-5COCFHAP

Resolved

* Completed "Subject To" w/o Compltn Cert in File (Lvl R)

Provide a completed Form 1004D (Appraisal Update/Completion Report). The appraisal report dated 06/XX/2026 indicates the property is "Subject To" completion of the following items: replacement of the window in XX, installation of a door stop on the front door, repair or replacement of the bedroom doors, and compliance with XX carbon monoxide detector requirements.
07/31/2026: Resolved. Received 1004D

07/31/2026: Resolved. Received 1004D

QC Complete

07/28/2026

07/31/2026

07/27/2026

434

California

06/XX/2026

Purchase

Not Covered/Exempt

Credit

LJJQ3TASFNU-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of the Business Purpose Loan Certification, signed by the borrower, as it is missing.
07/28/2026: Resolved. Received Business Purpose certification

07/28/2026: Resolved. Received Business Purpose certification

QC Complete

06/17/2026

07/28/2026

06/16/2026

435

Oregon

06/XX/2026

Purchase

Non-QM/Compliant

Credit

SGOHVVQX10O-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

FICO scores are missing for co-borrower (XX). Provide a copy of updated credit report with scores.
07/27/2026: Resolved. Received updated credit report

07/27/2026: Resolved. Received updated credit report

QC Complete

09/30/2026

07/23/2026

437

Florida

07/XX/2026

Purchase

Non-QM/Compliant

Credit

Assets Insufficient

CIZUPNW4LL2-YHOZ28S0

Resolved

* Cash reserves less than required by guidelines (Lvl R)

The total verified assets of $66,767.88 are insufficient to meet the three-month reserve requirement. After reducing the cash-to-close amount of $59,187.41, the remaining assets total $7,580.47. 3 months reserve requirement need $7,799.11. Assets fall short by $218.64. Provide additional assets.
07/24/2026: Resolved. Received XX statement with additional assets.

07/24/2026: Resolved. Received XX statement with additional assets.

QC Complete

07/16/2026

07/24/2026

07/16/2026

437

Florida

07/XX/2026

Purchase

Non-QM/Compliant

Compliance

CIZUPNW4LL2-O5S9HFJ8

Resolved

* Federal Higher Price Mortgage Loan (Lvl R)

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.

Higher-Priced Mortgage Loan Test: Charged 8.742% Allowed 7.990% Overby +0.752%

This loan is compliant with regulation 1026.35.

This loan is compliant with regulation 1026.35.

QC Complete

07/16/2026

437

Florida

07/XX/2026

Purchase

Non-QM/Compliant

Credit

CIZUPNW4LL2-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

SSN income is available for both borrowers it is not reflecting in final 1003. Required correction of final 1003 with SSN income for B1 and B2.
07/24/2026: Resolved. Received updated 1003.

07/24/2026: Resolved. Received updated 1003.

QC Complete

07/16/2026

07/24/2026

07/16/2026

437

Florida

07/XX/2026

Purchase

Non-QM/Compliant

Credit

Other Disclosures

CIZUPNW4LL2-ZXHR0C1D

Resolved

* Missing Required Disclosures (Lvl R)

CPA (XX) validation is missing in the file.
07/24/2026: Resolved. Received CPA validation

07/24/2026: Resolved. Received CPA validation

QC Complete

07/16/2026

07/24/2026

07/16/2026

437

Florida

07/XX/2026

Purchase

Non-QM/Compliant

Credit

CIZUPNW4LL2-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of supporting document for liabilities "XX Card #XX" payment reflecting $154 and "XX" payment reflecting $84
07/24/2026: Resolved. Received credit supplement

07/24/2026: Resolved. Received credit supplement

QC Complete

07/16/2026

07/24/2026

07/16/2026

438

California

07/XX/2026

Refinance

Non-QM/Compliant

Credit

N0CPE5GJD1I-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of updated final 1003 document with other income as "$13,545.85" as it is missing.
7/31/2026: Resolved. Received updated 1003

7/31/2026: Resolved. Received updated 1003

QC Complete

07/14/2026

07/31/2026

07/14/2026

438

California

07/XX/2026

Refinance

Non-QM/Compliant

Credit

Other Disclosures

N0CPE5GJD1I-ZXHR0C1D

Resolved

* Missing Required Disclosures (Lvl R)

Provide a copy of the updated final Hazard Insurance Mortgagee Clause (ISAOA/ATIMA), as it is missing.
07/31/2026: Resolved. REceived updated HOI

07/31/2026: Resolved. REceived updated HOI

QC Complete

07/14/2026

07/31/2026

07/14/2026

440

California

07/XX/2026

Cash Out

Non-QM/Compliant

Credit

Guidelines

C045ZOA3EGJ-J587LE2V

Waived

* Loan does not conform to program guidelines (Lvl W)

Exception as borrower does not have 6 months seasoning for cash out.

A copy of an exception approval letter is available in the loan file.

FICO: 764 FICO exceeds the guideline requirement of 640.

LTV: 46.69% LTV is less than the guideline requirement of 80.00%.

DTI: 41.37% DTI is less than the maximum guideline requirement of 50.00%.

QC Complete

07/31/2026

07/30/2026

446

Virginia

07/XX/2026

Refinance

Not Covered/Exempt

Credit

Doc Issue

LSJRMAR4L4T-V7TJ126N

Resolved

* Amount of title insurance is less than mortgage amount (Lvl R)

The title report reflects a coverage amount of $XX, which is less than the mortgage loan amount of $XX. Provide a Title Supplement confirming coverage for the full mortgage loan amount of XX.
08/10/2026: Resolved. Received updated title

08/10/2026: Resolved. Received updated title

QC Complete

07/31/2026

08/10/2026

07/31/2026

446

Virginia

07/XX/2026

Refinance

Not Covered/Exempt

Credit

LSJRMAR4L4T-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide hazard Insurance for subject property with correct mortgagee clause and coverage amount to match loan amount or show 100% replacement cost.
08/10/2026: Countered. Will need declaration page with mortgagee clause and increased coverage.
08/11/2026: Resolved. Received updated HOI

08/11/2026: Resolved. Received updated HOI

QC Complete

07/31/2026

08/11/2026

07/31/2026

448

Texas

07/XX/2026

Purchase

Not Covered/Exempt

Credit

VCI4EZDDU4U-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of lease agreement for the subject property as it is missing.
07/22/2026: Resolved. The transaction is a purchase. The appraiser has listed the current rent amounts on the rent schedule of the appraisal.

07/22/2026: Resolved. The transaction is a purchase. The appraiser has listed the current rent amounts on the rent schedule of the appraisal.

QC Complete

07/15/2026

07/22/2026

07/15/2026

449

Texas

07/XX/2026

Cash Out

Non-QM/Compliant

Credit

VFY54VYAH4M-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide a copy of the driving license for borrower "XX" as it is missing.
07/23/2023: Resolved. Received ID

07/23/2023: Resolved. Received ID

QC Complete

07/15/2026

07/23/2026

07/14/2026

457

Arizona

07/XX/2026

Refinance

Non-QM/Compliant

Credit

LXIUBXKKJ1U-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of the updated final 1003 document showing the Other Income source as Asset Depletion in the amount of $4,455.62, as it is currently missing.
07/29/2026: Resolved. Received updated 1003.

07/29/2026: Resolved. Received updated 1003.

QC Complete

07/15/2026

07/29/2026

07/15/2026

466

Texas

07/XX/2026

Purchase

Non-QM/Compliant

Compliance

JD3KTOG4I2I-O5S9HFJ8

Resolved

* Federal Higher Price Mortgage Loan (Lvl R)

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.

Higher-Priced Mortgage Loan Test: Charged 8.630% Allowed 8.030% Overby +0.600%

This loan is compliant with regulation 1026.35.

This loan is compliant with regulation 1026.35.

QC Complete

07/29/2026

466

Texas

07/XX/2026

Purchase

Non-QM/Compliant

Credit

JD3KTOG4I2I-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of the Verification of Rent (VOR) for the property located at XX.
08/04/2026: Resolved. Received Resident ledger for payment history

08/04/2026: Resolved. Received Resident ledger for payment history

QC Complete

07/29/2026

08/04/2026

07/29/2026

468

Oregon

07/XX/2026

Refinance

Non-QM/Compliant

Credit

YUIHTRD3UEA-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of the payoff statement for XX reflecting the monthly payment of $1,384.00.
07/29/2026: Resolved. Debt is not being paid off. Included in DTI

07/29/2026: Resolved. Debt is not being paid off. Included in DTI

QC Complete

07/15/2026

07/29/2026

07/15/2026

468

Oregon

07/XX/2026

Refinance

Non-QM/Compliant

Credit

YUIHTRD3UEA-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide an updated Flood Insurance policy with coverage effective through the loan closing date. The current policy expires on 07/XX/2026, which is prior to the scheduled closing date of 07/XX/2026.
07/28/2026: Resolved. Received updated flood insurance

07/28/2026: Resolved. Received updated flood insurance

QC Complete

07/15/2026

07/28/2026

07/15/2026

477

California

06/XX/2026

Purchase

Non-QM/Compliant

Credit

BO1V1UCSFR0-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of the corrected final 1003 to resolve the asset depletion income discrepancy, as the current final 1003 does not reflect the verified asset qualifier income amount of $9,808.00, which was used in the DTI calculations.
07/22/2026: Resolved. Received updated 1003

07/22/2026: Resolved. Received updated 1003

QC Complete

07/15/2026

07/22/2026

07/15/2026

481

New York

06/XX/2026

Cash Out

Non-QM/Compliant

Credit

EGBHM0B25DZ-QSFFZZOT

Resolved

* Hazard Insurance Coverage less than Loan Amount (Lvl R)

Provide a copy of the Replacement Cost Estimator, as the Hazard insurance coverage of $XX is not covering the loan amount of $XX.

08/13/2026 Resolved : The copy of RCE resolves the condition.

08/13/2026 Resolved : The copy of RCE resolves the condition.

QC Complete

06/30/2026

08/13/2026

06/29/2026

482

Idaho

06/XX/2026

Purchase

Not Covered/Exempt

Credit

DSDUPXLFE0N-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide a copy of title supplement or updated title report with mortgage clause.
07/29/2026: Resolved. Received updated title

07/29/2026: Resolved. Received updated title

QC Complete

07/15/2026

07/29/2026

07/15/2026

482

Idaho

06/XX/2026

Purchase

Not Covered/Exempt

Credit

DSDUPXLFE0N-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of the updated Hazard Insurance Mortgagee Clause (ISAOA/ATIMA), as it is missing.
07/29/2026: Resolved. Received updated HOI

07/29/2026: Resolved. Received updated HOI

QC Complete

07/15/2026

07/29/2026

07/15/2026

484

Texas

07/XX/2026

Cash Out

Non-QM/Compliant

Valuation

Appraisal

MZ4OXACSB23-ANNC2X7V

Resolved

* The Appraisal License is Missing (Lvl R)

Provide a copy of the appraiser's current state license, as the license provided has expired.
08/06/2026: Resolved. The effective date of the appraisal 05/XX/2026 is prior to the expiration date of 06/XX/2026.

08/06/2026: Resolved. The effective date of the appraisal 05/XX/2026 is prior to the expiration date of 06/30/2026.

QC Complete

08/03/2026

08/06/2026

08/03/2026

487

Arizona

07/XX/2026

Cash Out

Not Covered/Exempt

Credit

LUFXUYBHPGO-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide an LOE stating that the property "XX" has no HOA fees.
07/24/2026: Resolved. Received evidence no HOA

07/24/2026: Resolved. Received evidence no HOA

QC Complete

07/17/2026

07/24/2026

07/17/2026

487

Arizona

07/XX/2026

Cash Out

Not Covered/Exempt

Credit

Doc Issue

LUFXUYBHPGO-0CTXAKVO

Resolved

* VOM or VOR missing/required (Lvl R)

Provide a copy of VOM to verify the payment history of the subject property.
07/24/2026: Resolved. XX #XX is listed on the credit report through 05/26 with mortgage statement in file showing due for 06/01/2026.

07/24/2026: Resolved. XX #XX is listed on the credit report through 05/26 with mortgage statement in file showing due for 06/01/2026.

QC Complete

07/17/2026

07/24/2026

07/17/2026

491

Alaska

07/XX/2026

Purchase

Non-QM/Compliant

Credit

5DHFFSEW5BT-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

The gift funds have been wired to the title company and are reflected on the final CD. However, the wire transaction is currently showing a pending status. Please advise if a final wire confirmation or proof of receipt from the title company.

08/05/2026 Resolved: The copy of receipt for deposit resolves the condition.

08/05/2026 Resolved: The copy of receipt for deposit resolves the condition.

QC Complete

07/31/2026

08/05/2026

07/30/2026

491

Alaska

07/XX/2026

Purchase

Non-QM/Compliant

Credit

5DHFFSEW5BT-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Missing fully executed letter from business CPA confirming borrowers ownership percentage in the business and how long it has been in operation.

08/05/2026 Resolved: The copy of entity details resolves the condition.

08/05/2026 Resolved: The copy of entity details resolves the condition.

QC Complete

07/31/2026

08/05/2026

07/31/2026

496

Florida

06/XX/2026

Cash Out

Not Covered/Exempt

Credit

LG4RZG4ZLUI-QSFFZZOT

Resolved

* Hazard Insurance Coverage less than Loan Amount (Lvl R)

Hazard insurance dwelling coverage of $XX is does not cover the loan amount $XX. Provide a copy of the replacement cost estimator or update the policy to cover the loan amount.
08/06/2026: Resolved. Received HOI with Replacement cost.

08/06/2026: Resolved. Received HOI with Replacement cost.

QC Complete

07/15/2026

08/06/2026

07/14/2026

505

Arizona

07/XX/2026

Purchase

Not Covered/Exempt

Credit

IEOJ4FV01WU-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide Supporting documents to verify $130 for XX (Primary Residence).
07/29/2026: Countered. Received updated 1003 with HOA amount of 98.00 and XX document that does not show any fees. Will need proof of the amount of 98.00 listed on the 1003.
07/31/2026: Resolved. Received proof of HOA

07/31/2026: Resolved. Received proof of HOA

QC Complete

07/15/2026

07/31/2026

07/15/2026

506

Connecticut

07/XX/2026

Cash Out

Non-QM/Compliant

Valuation

Appraisal

4KYSGIP2LN3-ANNC2X7V

Resolved

* The Appraisal License is Missing (Lvl R)

Missing appraisers license.
08/06/2026: Countered. A copy of the appraisers license is needed.
08/12/2026: Resolved. Received copy of license

08/12/2026: Resolved. Received copy of license

QC Complete

08/03/2026

08/12/2026

08/03/2026

506

Connecticut

07/XX/2026

Cash Out

Non-QM/Compliant

Valuation

Property

4KYSGIP2LN3-5COCFHAP

Resolved

* Completed "Subject To" w/o Compltn Cert in File (Lvl R)

Provide a completed Form 1004D (Appraisal Update/Completion Report), as the appraisal is made subject to repairs. The appraisal notes that the hot water tank in the basement appears to be leaking rust or grease and may have reached the end of its useful life.

08/06/2026: Resolved. Received loe and pictures from borrower showing work has been completed

08/06/2026: Resolved. Received loe and pictures from borrower showing work has been completed

QC Complete

08/03/2026

08/06/2026

07/31/2026

510

Delaware

07/XX/2026

Purchase

Non-QM/Compliant

Credit

VGZDNL31EG1-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide an updated final 1003 application reflecting the asset Qualifier under the other income sources section.
07/28/2026: Resolved. loan is asset qualifier. Updated 1003 is not needed.

07/28/2026: Resolved. loan is asset qualifier. Updated 1003 is not needed.

QC Complete

07/21/2026

07/28/2026

07/21/2026

517

California

07/XX/2026

Purchase

Non-QM/Compliant

Credit

YUO0APENJQG-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of updated final 1003 document for the borrower "XX" with other income reflecting as "$47,827.43" .
08/04/2026: Resolved. Received updated 1003

08/04/2026: Resolved. Received updated 1003

QC Complete

07/14/2026

08/04/2026

07/14/2026

520

Hawaii

01/XX/2026

Purchase

Not Covered/Exempt

Credit

Doc Issue

C2DTWWGVV2B-V7TJ126N

Resolved

* Amount of title insurance is less than mortgage amount (Lvl R)

Provide a copy of the updated supplemental title report as the proposed insured title amount covering the loan amount of $XX.

Resolved 2/9/2026 - Received title insured amount, condition resolved.

Resolved 2/9/2026 - Received title insured amount, condition resolved.

QC Complete

02/02/2026

02/09/2026

01/30/2026

522

Georgia

07/XX/2026

Cash Out

Non-QM/Compliant

Compliance

XQKKOVLKQYT-O5S9HFJ8

Resolved

* Federal Higher Price Mortgage Loan (Lvl R)

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.

Higher-Priced Mortgage Loan Test: Charged 8.258% Allowed 7.990% +Overby 0.268%

This loan is compliant with regulation 1026.35.

This loan is compliant with regulation 1026.35.

QC Complete

08/04/2026

526

Florida

07/XX/2026

Purchase

Non-QM/Compliant

Compliance

Y3SYQQ1AUX0-0O1J05XI

Resolved

* ComplianceEase TRID Tolerance Test Failed (Lvl R)

TRID violation due to Appraisal Review fee Added on Revised LE dated 06/29/2026. Initial LE dated 06/XX/2026 reflects Appraisal Review fee as $0.00 however, Final CD dated 07/XX/2026 reflects the Appraisal Review fee as $120.00. Require valid COC or cure amount of $120.00.

Resolved 8/10/2026: Received Change of circumstance dated 06/29/2026 and exception is cleared.

Resolved 8/10/2026: Received Change of circumstance dated 06/29/2026 and exception is cleared.

QC Complete

08/03/2026

08/10/2026

07/31/2026

527

Washington

06/XX/2026

Cash Out

Non-QM/Compliant

Credit

4CCHOLSTFW0-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provided the initial 1003 that does reflecting these other income sources, Social Security and Retirement. Provide a copy of the corrected final 1003 for Borrower 3, 'XX', which does not reflect the income sources of Social Security amount of $2,354.90 and Retirement amount of $1,168.51.

06/24/2026 Counter: Provided application does not include SSA income and retirement in the section 1.e, income source.
07/27/2026: Resolved. Received updated 1003.

07/27/2026: Resolved. Received updated 1003.

QC Complete

06/17/2026

07/27/2026

06/16/2026

527

Washington

06/XX/2026

Cash Out

Non-QM/Compliant

Credit

4CCHOLSTFW0-YGSRWWRE

Resolved

* More Credit Scores Needed for B2 (Lvl R)

Provide a copy of Credit reports for B2 (XX), as it is missing

06/24/2026 Resolved: The copy of credit report resolves the condition.

06/24/2026 Resolved: The copy of credit report resolves the condition.

QC Complete

06/17/2026

06/24/2026

06/16/2026

527

Washington

06/XX/2026

Cash Out

Non-QM/Compliant

Credit

4CCHOLSTFW0-VXAUXJTE

Resolved

* More Credit Scores Needed for B1 (Lvl R)

Provide a copy of Credit reports for B1 (XX), as it is missing.

06/24/2026 Resolved: The copy of credit report resolves the condition.

06/24/2026 Resolved: The copy of credit report resolves the condition.

QC Complete

06/17/2026

06/24/2026

06/16/2026

543

Washington D.C.

07/XX/2026

Purchase

Non-QM/Compliant

Compliance

JEIRX5VZH4C-0O1J05XI

Resolved

* ComplianceEase TRID Tolerance Test Failed (Lvl R)

Missing Settlement Service Provider list.

Resolved 08/07/2026: Received Settlement Service Provider List dated 05/27/2026 and exception is cleared.

Resolved 08/07/2026: Received Settlement Service Provider List dated 05/27/2026 and exception is cleared.

QC Complete

08/04/2026

08/07/2026

08/04/2026

543

Washington D.C.

07/XX/2026

Purchase

Non-QM/Compliant

Credit

Guidelines

JEIRX5VZH4C-J587LE2V

Waived

* Loan does not conform to program guidelines (Lvl W)

Non Arms length -supporting documents for 12 months Rental history, as 2 months cannot be verified due to separate arrangements between landlord and Tenant. The borrower has been residing in the subject property as a tenant for the past two years and is now purchasing the property. A known relationship exists between the buyer and the seller.

A copy of an exception approval letter is available in the loan file.

FICO: 721 FICO exceeds the guideline requirement of 700.

Reserves: The 9 months of available reserves are more than the guideline requirement of 3 months.

LTV: 75.00% LTV is less than the guideline requirement of 85.00%.

VOR confirms paid as agreed.

QC Complete

08/04/2026

543

Washington D.C.

07/XX/2026

Purchase

Non-QM/Compliant

Credit

JEIRX5VZH4C-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a supporting document to verify the stated HOA fee $1,385.00.
08/06/2026: Countered. The service provider list does not verify the HOA fee for $1385.00. Need proof of HOA fee for $1385.00

08/13/2026 Resolved : The copy of LOX resolves the condition.

08/13/2026 Resolved : The copy of LOX resolves the condition.

QC Complete

08/04/2026

08/13/2026

08/04/2026

546

New York

07/XX/2026

Purchase

Non-QM/Compliant

Credit

CHTKCGWHROB-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of verification of mortgage (VOM) statement for the 'XX' account of #XX in the amount $2,643.00 as it is missing.
07/23/2026: Countered. The final 1003 shows REO XX with 2 mortgages. One with XX XX #XX and one with XX XX #XX. A VOM is needed for the XX
07/31/2026: Resolved. Received a VOM

07/31/2026: Resolved. Received a VOM

QC Complete

07/17/2026

07/31/2026

07/16/2026

547

Maryland

07/XX/2026

Cash Out

Not Covered/Exempt

Credit

DSKDNW4ME5A-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of Lease Agreement for the property XX - XX.
07/24/2026: Resolved. Received copy of lease

07/24/2026: Resolved. Received copy of lease

QC Complete

07/20/2026

07/24/2026

07/20/2026

547

Maryland

07/XX/2026

Cash Out

Not Covered/Exempt

Credit

DSKDNW4ME5A-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide a copy of updated Hazard Insurance with correct Mortgage Clause as XX ISAOA/ATIMA.
07/24/2026: Resolved. Received updated HOI

07/24/2026: Resolved. Received updated HOI

QC Complete

07/20/2026

07/24/2026

07/20/2026

554

Colorado

07/XX/2026

Cash Out

Non-QM/Compliant

Credit

Guidelines

MZ0LOTVRB2G-J587LE2V

Resolved

* Loan does not conform to program guidelines (Lvl R)

Cash Out is not permitted on Asset Qualifier.
08/14/2026: Resolved. Transaction is delayed financing which is considered a rate/term refi.

08/14/2026: Resolved. Transaction is delayed financing which is considered a rate/term refi.

QC Complete

07/31/2026

08/14/2026

07/30/2026

556

New York

07/XX/2026

Cash Out

Not Covered/Exempt

Credit

PL3MAFA5ORK-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Missing Condo questionnaire.

07/22/2026: Resolved. 1008 indicates project classification exempt from review, V condo project review waived.

07/22/2026: Resolved. 1008 indicates project classification exempt from review, V condo project review waived.

QC Complete

09/30/2026

07/17/2026

560

Pennsylvania

06/XX/2026

Purchase

Non-QM/Compliant

Valuation

Property

4I33TKQX42Y-7BC6773S

Resolved

* Property Issues indicated (Lvl R)

Provide a copy of the updated appraisal state license, as the current license has expired
07/29/2026: Resolved. Received updated license

07/29/2026: Resolved. Received updated license

QC Complete

07/14/2026

07/29/2026

07/14/2026

560

Pennsylvania

06/XX/2026

Purchase

Non-QM/Compliant

Credit

4I33TKQX42Y-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide a copy of Bank statement XX of the month February which is missing in the file
07/21/2026: Resolved. Received February bank statement.

07/21/2026: Resolved. Received February bank statement.

QC Complete

07/14/2026

07/21/2026

07/13/2026

560

Pennsylvania

06/XX/2026

Purchase

Non-QM/Compliant

Compliance

4I33TKQX42Y-O5S9HFJ8

Resolved

* Federal Higher Price Mortgage Loan (Lvl R)

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.

Higher-Priced Mortgage Loan Test: Charged 9.385% Allowed 7.990% Overby +1.395%

This loan is compliant with regulation 1026.35

This loan is compliant with regulation 1026.35

QC Complete

07/14/2026

560

Pennsylvania

06/XX/2026

Purchase

Non-QM/Compliant

Credit

4I33TKQX42Y-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of updated title report for ISAOA clause, as it is currently missing from the file
07/29/2026: Resolved. Received updated title.

07/29/2026: Resolved. Received updated title.

QC Complete

07/14/2026

07/29/2026

07/14/2026

568

Arizona

07/XX/2026

Cash Out

Non-QM/Compliant

Credit

Z131YU0NHTD-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Missing payoff statement for XX account #XX with a monthly payment of $1,391.00 and XX account #XX with a monthly payment of $1,699.00.
08/07/2026: Resolved. Received payoff information from XX which are the same amounts as the XX debts.

08/07/2026: Resolved. Received payoff information from XX which are the same amounts as the XX debts.

QC Complete

07/28/2026

08/07/2026

07/28/2026

568

Arizona

07/XX/2026

Cash Out

Non-QM/Compliant

Credit

Guidelines

Z131YU0NHTD-J587LE2V

Waived

* Loan does not conform to program guidelines (Lvl W)

The subject property includes two (2) accessory dwelling units (ADUs).

A copy of an exception approval letter is available in the loan file.

FICO: 715 FICO exceeds the guideline requirement of 700.

LTV: 75.00% LTV is less than the guideline requirement of 80.00%.

Reserves: The 40 months of available reserves are more than the guideline requirement of 13 months.

QC Complete

07/28/2026

573

Florida

07/XX/2026

Purchase

Non-QM/Compliant

Credit

GEPF1JLYFDV-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

The property address on the Condo Questionnaire (XX) does not match the subject property address (XX). Provide a corrected Condo Questionnaire or clarification confirming the applicable property address.
8/4/2026: Resolved. Received LOE stating the condo questionnaire covers the entire project not just the individual address.

8/4/2026: Resolved. Received LOE stating the condo questionnaire covers the entire project not just the individual address.

QC Complete

07/29/2026

08/04/2026

07/29/2026

573

Florida

07/XX/2026

Purchase

Non-QM/Compliant

Valuation

Appraisal

GEPF1JLYFDV-ANNC2X7V

Resolved

* The Appraisal License is Missing (Lvl R)

Provide a copy of Appraisal License.
08/04/2026: Resolved. Received copy of appraisers license

08/04/2026: Resolved. Received copy of appraisers license

QC Complete

07/29/2026

08/04/2026

07/29/2026

573

Florida

07/XX/2026

Purchase

Non-QM/Compliant

Credit

Doc Issue

GEPF1JLYFDV-AEPG67BW

Resolved

* Missing credit report (Lvl R)

Provide a copy of Credit Report.

08/05/2026 Resolved: The copy of credit report resolves the condition.

08/05/2026 Resolved: The copy of credit report resolves the condition.

QC Complete

07/29/2026

08/05/2026

07/29/2026

575

Colorado

07/XX/2026

Purchase

Not Covered/Exempt

Credit

2WPYVZEPHY3-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

The appraisal report (Form 1025) indicates the subject property is tenant-occupied; however, the operating income statement is not included. Please provide the current lease agreement to support the reported rental occupancy.
07/27/2026: Resolved. On a 1025 appraisal the rent schedule is listed on page 2 of the appraisal.

07/27/2026: Resolved. On a 1025 appraisal the rent schedule is listed on page 2 of the appraisal.

QC Complete

07/14/2026

07/27/2026

07/14/2026

576

Georgia

07/XX/2026

Cash Out

Non-QM/Compliant

Credit

Doc Issue

JYROHUIUWCK-V7TJ126N

Resolved

* Amount of title insurance is less than mortgage amount (Lvl R)

Provide a copy of updated Title Report to cover the loan amount $XX
08/06/2026: Resolved. Received updated title

08/06/2026: Resolved. Received updated title

QC Complete

08/03/2026

08/06/2026

07/31/2026

578

Utah

07/XX/2026

Purchase

Non-QM/Compliant

Credit

TTNX5M2LAP0-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide complete signed federal income tax returns (Form 1040) for Borrower 1 and Borrower 2 to verify the taxable Social Security income.
08/04/2026: Resolved. Fannie Mae allows grossing up to 15% without getting additional information.

08/04/2026: Resolved. Fannie Mae allows grossing up to 15% without getting additional information.

QC Complete

07/28/2026

08/04/2026

07/28/2026

579

New York

07/XX/2026

Purchase

Not Covered/Exempt

Credit

Doc Issue

MI3C3LOO5YW-H3X4TJ0T

Resolved

* Missing Title evidence (Lvl R)

Provide a copy of Title report as it is missing in the file
08/06/2026: Resolved. Received title

08/06/2026: Resolved. Received title

QC Complete

07/31/2026

08/06/2026

585

Louisiana

07/XX/2026

Purchase

Non-QM/Compliant

Compliance

JABZJGIZ2JT-O5S9HFJ8

Resolved

* Federal Higher Price Mortgage Loan (Lvl R)

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.

Higher-Priced Mortgage Loan Test: Charged 8.026% Allowed 8.020% Overby +0.006%

This loan is compliant with regulation 1026.35.

This loan is compliant with regulation 1026.35.

QC Complete

07/30/2026

588

Massachusetts

06/XX/2026

Cash Out

Non-QM/Compliant

Valuation

WD2V5OGHFKU-ZI5GG5MN

Resolved

* Automated Appraisal Review Missing (Lvl R)

Provide a copy of the updated appraisal report, including the front, rear, and street-view photos of the subject property, as it is missing.
07/17/2026: Countered. Still missing photos of the front, rear and street-view of subject property.

07/28/2026 Resolved: The copy of updated appraisal resolves the condition.

07/28/2026 Resolved: The copy of updated appraisal resolves the condition.

QC Complete

07/14/2026

07/28/2026

07/14/2026

588

Massachusetts

06/XX/2026

Cash Out

Non-QM/Compliant

Credit

WD2V5OGHFKU-QSFFZZOT

Resolved

* Hazard Insurance Coverage less than Loan Amount (Lvl R)

Provide a copy of the Replacement cost Estimator, as the insurance coverage of $XX is not covering the loan amount of $XX.
07/28/2026: Resolved. Received RCE

07/28/2026: Resolved. Received RCE

QC Complete

07/14/2026

07/28/2026

07/13/2026

590

Texas

07/XX/2026

Purchase

Not Covered/Exempt

Credit

GDT142IHZ4C-UDN50XOG

Resolved

* Borrower Identity Missing (Lvl R)

Provide a clear and legible copy of the borrower's (XX) driver's license or another acceptable form of identification, as the current copy is unclear and the ID details are not visible.
07/29/2026: Resolved. Received clear ID's

07/29/2026: Resolved. Received clear ID's

QC Complete

07/19/2026

07/29/2026

07/17/2026

591

Florida

07/XX/2026

Purchase

Not Covered/Exempt

Credit

NO1F0FYPLG0-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of payoff letter for XX XX #XX(XX) and XX#XX (XX).
07/28/2026: Resolved. Debts are included in DTI

07/28/2026: Resolved. Debts are included in DTI

QC Complete

07/17/2026

07/28/2026

07/17/2026

591

Florida

07/XX/2026

Purchase

Not Covered/Exempt

Credit

NO1F0FYPLG0-QSFFZZOT

Resolved

* Hazard Insurance Coverage less than Loan Amount (Lvl R)

Provide a copy of the Replacement cost, as the insurance coverage of $XX is inadequate to fully cover the loan amount of $XX.

07/23/2026 Resolved: Resolved as per the FNMA guidelines. The hazard insurance policy coverage is for replacement-cost which is sufficient coverage for this loan. Coverage in the amount of the loan amount was not required. Note there is significant site value per the appraisal in the amount of $XX.

07/23/2026 Resolved: Resolved as per the FNMA guidelines. The hazard insurance policy coverage is for replacement-cost which is sufficient coverage for this loan. Coverage in the amount of the loan amount was not required. Note there is significant site value per the appraisal in the amount of $XX.

QC Complete

07/17/2026

07/23/2026

07/16/2026

593

South Carolina

06/XX/2026

Purchase

Non-QM/Compliant

Credit

D3AOZT2QNFX-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide an updated Condo project approval letter with lender warranties: Non-Warrantable. Out of XX units of condo , XX units are rented.
08/03/2026: Countered. condo approval letter with " Non-Warrantable. Out of XX units of condo , XX units are rented." is needed
08/10/2026: Resolved. Received Project approval letter.

08/10/2026: Resolved. Received Project approval letter.

QC Complete

07/17/2026

08/10/2026

07/17/2026

596

Ohio

07/XX/2026

Purchase

Non-QM/Compliant

Credit

Guidelines

0S1WQELURAZ-J587LE2V

Waived

* Loan does not conform to program guidelines (Lvl W)

The borrower is a first-time homebuyer purchasing a primary residence. The borrower has been living rent-free with family for more than one year and, therefore, has no current housing payment.

A copy of an exception approval letter is available in the loan file.

LTV: 80.00% LTV is less than the guideline requirement of 85.00%.

FICO: 745 FICO exceeds the guideline requirement of 700.

DTI: 24.64% DTI is less than the maximum guideline requirement of 50.00%.

QC Complete

08/05/2026

08/04/2026

598

Hawaii

06/XX/2026

Purchase

Non-QM/Compliant

Compliance

Y3XGIVL15F5-O5S9HFJ8

Resolved

* Federal Higher Price Mortgage Loan (Lvl R)

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.

Higher-Priced Mortgage Loan Test: Charged 9.320% Allowed 8.100% Overby +1.220%

This loan is compliant with regulation 1026.35.

This loan is compliant with regulation 1026.35.

QC Complete

06/22/2026

06/19/2026

598

Hawaii

06/XX/2026

Purchase

Non-QM/Compliant

Credit

Y3XGIVL15F5-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of supporting document for gift amount $20,000 , only the gift letter is available.
06/24/2026: Resolved. Received gift letter and proof of wire.

06/24/2026: Resolved. Received gift letter and proof of wire.

QC Complete

06/22/2026

06/24/2026

06/18/2026

598

Hawaii

06/XX/2026

Purchase

Non-QM/Compliant

Credit

Y3XGIVL15F5-4ZA4ZEZQ

Resolved

* DTI > 50% (Lvl R)

Guideline maximum DTI is 50%. However, borrower monthly debt $9,006.32 and income is $16,840.28. DTI = $9,006.32/$16,840.28=53.48% is exceeding the maximum limit.
06/30/2026: Countered. Proof of ADU income is needed.
07/09/2026: Proof of the ADU income is still needed.
07/27/2026: Resolved. A 1007 was provided for the ADU. With 75% of the rent schedule income the DTI is 48.12

07/27/2026: Resolved. A 1007 was provided for the ADU. With 75% of the rent schedule income the DTI is 48.12

QC Complete

06/22/2026

07/27/2026

06/18/2026

598

Hawaii

06/XX/2026

Purchase

Non-QM/Compliant

Valuation

Y3XGIVL15F5-U60VDKD3

Resolved

* Automated Appraisal Review Incomplete or Data not complete (Lvl R)

Provide an updated CDA with borrower name reflecting on it.
07/01/2026: Resolved. Received CDA

07/01/2026: Resolved. Received CDA

QC Complete

06/22/2026

07/01/2026

06/22/2026

599

Colorado

07/XX/2026

Cash Out

Non-QM/Compliant

Credit

3PIVFIHOHVD-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Missing initial application for borrower (XX).
07/23/2026; Resolved. Received 1003

07/23/2026; Resolved. Received 1003

QC Complete

07/15/2026

07/23/2026

07/15/2026

599

Colorado

07/XX/2026

Cash Out

Non-QM/Compliant

Credit

3PIVFIHOHVD-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide an updated final application for both the borrower with SSN income under other Income section on final application.
07/27/2026: Resolved. Received updated 1003.

07/27/2026: Resolved. Received updated 1003.

QC Complete

07/15/2026

07/27/2026

07/15/2026

603

Florida

06/XX/2026

Purchase

Not Covered/Exempt

Credit

FEJPZ5WC32S-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Missing flood insurance policy with mortgagee clause.
07/14/2026:. Countered. Flood insurance needs to have mortgagee clause added.

07/23/2026 Resolved: Resolved based on fnma guidelines.

07/23/2026 Resolved: Resolved based on fnma guidelines.

QC Complete

09/30/2026

07/07/2026

603

Florida

06/XX/2026

Purchase

Not Covered/Exempt

Credit

FEJPZ5WC32S-UTM9VHCU

Resolved

* Final Application Incomplete (Lvl R)

Missing updated final application with change in REO property address in section 3C from XX.
07/14/2026: Resolved. Received updated 1003

07/14/2026: Resolved. Received updated 1003

QC Complete

09/30/2026

07/07/2026

606

Texas

07/XX/2026

Purchase

Not Covered/Exempt

Credit

CZEY24ZP2TD-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide a copy of mortgage statement or supporting document for the property "XX" to verify the mortgage payment.
07/24/2026: Resolved. Received a copy of the CD showing the payments.

07/24/2026: Resolved. Received a copy of the CD showing the payments.

QC Complete

07/21/2026

07/24/2026

07/20/2026

607

Oklahoma

07/XX/2026

Purchase

Non-QM/Compliant

Credit

YV1XUOXPORF-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

The LOE provided for the proof of insurance, taxes, and HOA references the property address as XX. Please correct the address to XX. Additionally, provide the HOI policy reflecting the correct property address, XX, instead of XX.
07/23/2026; Resolved. Received LOE and HOI

07/23/2026; Resolved. Received LOE and HOI

QC Complete

07/15/2026

07/23/2026

07/15/2026

607

Oklahoma

07/XX/2026

Purchase

Non-QM/Compliant

Compliance

YV1XUOXPORF-7NVY4BLQ

Resolved

* State Higher Price Mortgage Loan (Lvl R)

The loan is a higher-priced mortgage loan, as defined in the legislation. For more information please see the Oklahoma Higher-Priced Mortgage Loan Article section of the full ComplianceAnalyzer report.

OK HOEPA Higher-Priced Mortgage Loan Test: Charged 8.622% Allowed 8.020% overby +0.602%

This loan is compliant with regulation OK HOEPA.

This loan is compliant with regulation OK HOEPA.

QC Complete

07/15/2026

607

Oklahoma

07/XX/2026

Purchase

Non-QM/Compliant

Credit

YV1XUOXPORF-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Please provide evidence of ownership and occupancy for the property located at XX. The 1003 indicates that the property is the borrower's primary residence, and the subject transaction is the purchase of a primary residence.
07/23/2026: Countered. The documentation provided is for XX. Provide evidence of ownership and occupancy for the property located at XX. The 1003 indicates that the property is the borrower's primary residence, and the subject transaction is the purchase of a primary residence.
08/05/2026: Resolved. Received stmt from XX county tax system showing borrower does not own XX.

08/05/2026: Resolved. Received stmt from XX county tax system showing borrower does not own XX.

QC Complete

07/15/2026

08/05/2026

07/15/2026

607

Oklahoma

07/XX/2026

Purchase

Non-QM/Compliant

Compliance

YV1XUOXPORF-O5S9HFJ8

Resolved

* Federal Higher Price Mortgage Loan (Lvl R)

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.

Higher-Priced Mortgage Loan Test: Charged 8.622% Allowed 8.020% Overby +0.602%

This loan is compliant with regulation 1026.35.

This loan is compliant with regulation 1026.35.

QC Complete

07/15/2026

609

Florida

07/XX/2026

Purchase

Non-QM/Compliant

Credit

F30HAWD03OR-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide supporting documentation for the hazard insurance and property taxes for the subject property located at XX.
08/04/2026: Resolved. Received copy of mortgage statement showing payment is PITI

08/04/2026: Resolved. Received copy of mortgage statement showing payment is PITI

QC Complete

07/28/2026

08/04/2026

07/28/2026

610

New York

06/XX/2026

Cash Out

Non-QM/Compliant

Credit

KBL4KJNKGXC-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of the updated title report reflecting the subject property address, XX, as is it missing.
07/07/2026: Resolved. Received title

07/07/2026: Resolved. Received title

QC Complete

07/01/2026

07/07/2026

06/30/2026

610

New York

06/XX/2026

Cash Out

Non-QM/Compliant

Credit

KBL4KJNKGXC-QSFFZZOT

Resolved

* Hazard Insurance Coverage less than Loan Amount (Lvl R)

Hazard insurance dwelling coverage of $XX is does not cover the loan amount $XX. Provide a copy of the replacement cost estimator or update the policy to cover the loan amount.
7/9/2026: Countered. Will need a copy oof the endoresment structure reimbirsed extended coverage to determin what percentage of increased coverage is provided.

07/23/2026 Resolved : Resolved as the endorsement is available in the HOI.

07/23/2026 Resolved : Resolved as the endorsement is available in the HOI.

QC Complete

07/01/2026

07/23/2026

06/30/2026

614

Illinois

07/XX/2026

Cash Out

Non-QM/Compliant

Compliance

15WZWZNBY20-IJH0N5PE

Resolved

* ComplianceEase TRID Tolerance Test is Incomplete (Lvl R)

Missing Initial Closing Disclosure.

Resolved 8/12/2026: Received Initial Closing Disclosure dated 07/XX/2026 and exception is cleared

Resolved 8/12/2026: Received Initial Closing Disclosure dated 07/09/2026 and exception is cleared

QC Complete

08/03/2026

08/11/2026

08/03/2026

620

South Carolina

07/XX/2026

Purchase

Not Covered/Exempt

Credit

CDAPG3BBXXR-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide an updated Final 1003 reflecting Borrower 1's other income in the Other Income section.
07/24/2026: Resolved. Received updated 1003.

07/24/2026: Resolved. Received updated 1003.

QC Complete

07/15/2026

07/24/2026

07/15/2026

620

South Carolina

07/XX/2026

Purchase

Not Covered/Exempt

Credit

CDAPG3BBXXR-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of 2 months bank statement for the account
1)XX#XX.
2)XXs#XX
07/24/2026: Countered. since the assets are in a trust the following will be needed; Funds disbursed from a trust are acceptable assets with a copy of the trust agreement or signed statement on letterhead from the trust manager or trustee that: Identifies the borrower as the beneficiary. Confirms that the borrower has access to all or certain specific amount of the funds; and Confirms that the trust has the assets to disburse funds to the borrower
07/29/2026: Resolved. Received copy of the trust document

07/29/2026: Resolved. Received copy of the trust document

QC Complete

07/15/2026

07/29/2026

07/15/2026

626

New Jersey

07/XX/2026

Refinance

Non-QM/Compliant

Credit

Doc Issue

KZBSOKQFV2G-V7TJ126N

Resolved

* Amount of title insurance is less than mortgage amount (Lvl R)

Provide an updated Title Report to cover the loan amount $XX.
07/28/2026: Resolved. Received updated title.

07/28/2026: Resolved. Received updated title.

QC Complete

07/20/2026

07/28/2026

07/20/2026

628

California

07/XX/2026

Refinance

Non-QM/Compliant

Credit

Doc Issue

NIF1GZEVZS1-V7TJ126N

Resolved

* Amount of title insurance is less than mortgage amount (Lvl R)

Provide updated supplemental report with amount of title insurance covering the loan amount $XX.
08/05/2026: Resolved. Received updated title

08/05/2026: Resolved. Received updated title

QC Complete

07/30/2026

08/05/2026

07/29/2026

631

Illinois

07/XX/2026

Cash Out

Non-QM/Compliant

Credit

2MF1AGBH4WC-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of the updated final 1003 application reflecting the Asset Qualifier under Other Income Sources in the amount of $41,000.00 for the co-borrower
07/29/2026: Resolved. Received updated 1003

07/29/2026: Resolved. Received updated 1003

QC Complete

07/21/2026

07/29/2026

07/20/2026

631

Illinois

07/XX/2026

Cash Out

Non-QM/Compliant

Credit

Guidelines

2MF1AGBH4WC-J587LE2V

Waived

* Loan does not conform to program guidelines (Lvl W)

Requesting an exception to allow 2 tradelines instead of 3

A copy of an exception approval letter is available in the loan file.

DTI: 16.07% DTI is less than the maximum guideline requirement of 50.00%.

Reserves: The 867 months of available reserves are more than the guideline requirement of 3 months.

Residual Income : $34,416.42 monthly

QC Complete

07/21/2026

07/20/2026

632

Arizona

07/XX/2026

Purchase

Not Covered/Exempt

Credit

54ROZ1IICXD-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of updated title report with Lender name and mortgage clause.
08/03/2026: Resolved. Received updated title

08/03/2026: Resolved. Received updated title

QC Complete

07/28/2026

08/03/2026

07/28/2026

636

Nebraska

02/XX/2026

Cash Out

Not Covered/Exempt

Credit

K50ENWN1JD1-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Missing LoanScorecard.
08/05/2026: Resolved. Received Scorecard

08/05/2026: Resolved. Received Scorecard

QC Complete

07/31/2026

08/05/2026

07/31/2026

637

Maryland

07/XX/2026

Cash Out

Not Covered/Exempt

Credit

MRNROXNYC50-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

The loan file includes both a Condominium Rider and a PUD Rider. Please provide documentation or clarification confirming the subject property is a condominium located within a master PUD, or revise the security instrument to accurately reflect the property's legal classification.

08/14/2026: Resolved. Received LOE stating: This letter of intent is to inform you that Mortgage for the referenced loan, (XX) will have mortgage re-recorded to remove the PUD Rider.

08/14/2026: Resolved. Received LOE stating: This letter of intent is to inform you that Mortgage for the referenced loan, (XX) will have mortgage re-recorded to remove the PUD Rider.

QC Complete

09/30/2026

07/15/2026

637

Maryland

07/XX/2026

Cash Out

Not Covered/Exempt

Credit

MRNROXNYC50-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Missing updated master insurance policy with mortgagee clause, borrowers name and property address.

07/23/2026 Resolved : Resolved as per the fnma guidelines.

07/23/2026 Resolved : Resolved as per the fnma guidelines.

QC Complete

09/30/2026

07/15/2026

639

Florida

07/XX/2026

Purchase

Non-QM/Compliant

Compliance

0JPMTVZHP44-O5S9HFJ8

Resolved

* Federal Higher Price Mortgage Loan (Lvl R)

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.

Higher-Priced Mortgage Loan Test: Charged 8.317% Allowed 8.020% Overby +0.297%

This loan is compliant with regulation 1026.35.

This loan is compliant with regulation 1026.35.

QC Complete

07/20/2026

639

Florida

07/XX/2026

Purchase

Non-QM/Compliant

Credit

0JPMTVZHP44-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide an updated hazard insurance with subject property unit number reflecting as "108-4".
07/27/2026: Resolved. Received LOE that address can have the - in the address with XX search and XX verification.

07/27/2026: Resolved. Received LOE that address can have the - in the address with XX search and XX verification.

QC Complete

07/20/2026

07/27/2026

07/20/2026

643

Michigan

07/XX/2026

Cash Out

Non-QM/Compliant

Credit

Guidelines

K40MBIFKAH0-J587LE2V

Waived

* Loan does not conform to program guidelines (Lvl W)

This loan needs an SLE due to the borrower's business not being in existence for at least 2 years.

A copy of an exception approval letter is available in the loan file.

Reserves: The 58 months of available reserves are more than the guideline requirement of 3 months.

DTI: 26.41% DTI is less than the maximum guideline requirement of 50.00%.

The $100,000 loan amount is lower than the minimum guideline requirement of $150,000.00.

QC Complete

07/28/2026

645

Georgia

07/XX/2026

Purchase

Not Covered/Exempt

Credit

Legal Docs

F3CUIRO4M5V-EUEQKHF8

Resolved

* Missing Business Purpose & Occupancy Affidavit (Lvl R)

Provide a copy of Business Purpose Loan Certificate.
07/31/2026: Resolved. Received business purpose

07/31/2026: Resolved. Received business purpose

QC Complete

07/29/2026

07/31/2026

07/29/2026

647

New York

07/XX/2026

Purchase

Not Covered/Exempt

Credit

M5H1YZOE4BU-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of lease agreement for the subject property. Addendum provided for the current rent per month, however active lease agreement required.
07/28/2026: Resolved. Transaction is a purchase. A copy of the lease is not required.

07/28/2026: Resolved. Transaction is a purchase. A copy of the lease is not required.

QC Complete

07/14/2026

07/28/2026

07/14/2026

649

Pennsylvania

07/XX/2026

Purchase

Not Covered/Exempt

Credit

Guidelines

FRR5HTX40EE-J587LE2V

Waived

* Loan does not conform to program guidelines (Lvl W)

Borrower is a first time home-buyer purchasing an investment property.

A copy of an exception approval letter is available in the loan file.

LTV: 80.00% LTV is less than the guideline requirement of 90.00%.

DTI: 36.36% DTI is less than the maximum guideline requirement of 50.00%.

Reserves: The 20 months of available reserves are more than the guideline requirement of 3 months.

QC Complete

07/29/2026

07/28/2026

652

Texas

07/XX/2026

Cash Out

Non-QM/Compliant

Credit

ZYOYBLDZZEW-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

The lender mortgage clause on the hazard insurance is different. Provide a corrected copy of the hazard insurance policy with the correct lender mortgagee clause.

07/30/2026 Resolved : The copy of Hazard policy with correct mortgagee clause resolves the condition.

07/30/2026 Resolved : The copy of Hazard policy with correct mortgagee clause resolves the condition.

QC Complete

07/29/2026

07/30/2026

07/29/2026

655

California

07/XX/2026

Refinance

Not Covered/Exempt

Credit

Guidelines

O4352JVYWEP-J587LE2V

Waived

* Loan does not conform to program guidelines (Lvl W)

Exception request to use 1007 to calculate rental income on 2 newly completed units within 3 unit property SFR to 3 Units

A copy of an exception approval letter is available in the loan file.

Reserves: The 73 months of available reserves are more than the guideline requirement of 3 months.

LTV: 56.43% LTV is less than the guideline requirement of 85.00%.

QC Complete

08/03/2026

659

Tennessee

07/XX/2026

Purchase

Not Covered/Exempt

Credit

V0UTGOU4AOI-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Business purpose affidavit is missing

07/28/2026: Resolved. Received business purpose

07/28/2026: Resolved. Received business purpose

QC Complete

09/30/2026

07/23/2026

660

Florida

07/XX/2026

Purchase

Non-QM/Compliant

Credit

K00Y0FZLIPV-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Missing unexpired master policy. Master policy in file expired on 07/01/2026.
07/28/2026: resolved. Received updated master policy

07/28/2026: resolved. Received updated master policy

QC Complete

07/15/2026

07/28/2026

07/15/2026

660

Florida

07/XX/2026

Purchase

Non-QM/Compliant

Credit

K00Y0FZLIPV-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of payoff statement for Installment account XX excluded in DTI.
07/23/2026: Resolved. Received LOE stating the XX account was not paid off-it was documented as paid by joint owner. Uploaded 12-month history if payment by other party.

07/23/2026: Resolved. Received LOE stating the XX account was not paid off-it was documented as paid by joint owner. Uploaded 12-month history if payment by other party.

QC Complete

07/15/2026

07/23/2026

07/15/2026

661

Michigan

07/XX/2026

Purchase

Non-QM/Compliant

Credit

JKHTFDGCS1C-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide an updated final 1003. SSN income and annuity income need to reflect under other Income.
07/24/2026: Resolved. Received updated 1003.

07/24/2026: Resolved. Received updated 1003.

QC Complete

07/14/2026

07/24/2026

07/14/2026

664

Florida

06/XX/2026

Purchase

Non-QM/Compliant

Credit

VFETAMFCD23-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of updated addendum for purchase contract with purchase price $XX as it is missing.
07/27/2026: Resolved. Received updated contract addendum

07/27/2026: Resolved. Received updated contract addendum

QC Complete

07/14/2026

07/27/2026

07/14/2026

665

New York

07/XX/2026

Purchase

Non-QM/Compliant

Credit

Q2DREVUV50K-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide VVOE for borrower business "XX" as it is missing.
07/24/2026: Resolved. Received 3rd party verification of borrower business

07/24/2026: Resolved. Received 3rd party verification of borrower business

QC Complete

07/21/2026

07/24/2026

07/21/2026

668

Georgia

06/XX/2026

Purchase

Non-QM/Compliant

Credit

JIJOOZ5Q1W4-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide the two most recent bank statements for the XX account ending in XX. The guidelines require two months of bank statements. We currently have the statement dated 04/30/2026.
07/22/2026; Resolved. Received LOE stating XX #XX account was opened in April 2026. No activity or history availsble prior to 04/01/2026. On page 3 of the 04/30 statement, funds held in the XX account (verified with 03/31 statement) have been transfered to XX. This has also been confirmed byXX.

07/22/2026; Resolved. Received LOE stating XX XX #XX account was opened in April 2026. No activity or history availsble prior to 04/01/2026. On page 3 of the 04/30 statement, funds held in the XX account (verified with 03/31 statement) have been transfered to XX. This has also been confirmed by XX XX with XX.

07/22/2026; Resolved. Received LOE stating XX #XX account was opened in April 2026. No activity or history availsble prior to 04/01/2026. On page 3 of the 04/30 statement, funds held in the XX account (verified with 03/31 statement) have been transfered to XX. This has also been confirmed by XX.

QC Complete

07/10/2026

07/22/2026

07/09/2026

668

Georgia

06/XX/2026

Purchase

Non-QM/Compliant

Credit

JIJOOZ5Q1W4-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide an updated final 1003 for Borrower 2. The asset depletion income should be reflected under Other Income on the final 1003.
07/22/2026: Resolved. Received updated 1003.

07/22/2026: Resolved. Received updated 1003.

QC Complete

07/10/2026

07/22/2026

07/09/2026

677

New York

07/XX/2026

Purchase

Non-QM/Compliant

Credit

4CQR4BWOAFL-QSFFZZOT

Resolved

* Hazard Insurance Coverage less than Loan Amount (Lvl R)

Provide a copy of the Replacement Cost Estimator (RCE) to support that the dwelling coverage amount of $XX is adequate to cover the replacement cost of the subject property's improvements.
8/7/2026: Resolved. Received HOI with coverage $XX

8/7/2026: Resolved. Received HOI with coverage $XX

QC Complete

08/03/2026

08/07/2026

07/31/2026

678

Connecticut

07/XX/2026

Purchase

Non-QM/Compliant

Credit

2GAWUBBFGJ3-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide supporting document for the liability as it is missing.
XX***XX $4,398
07/22/2026: Resolved. Received proof of zero balance.

07/22/2026: Resolved. Received proof of zero balance.

QC Complete

07/15/2026

07/22/2026

07/15/2026

678

Connecticut

07/XX/2026

Purchase

Non-QM/Compliant

Credit

Guidelines

2GAWUBBFGJ3-J587LE2V

Waived

* Loan does not conform to program guidelines (Lvl W)

Exception for FTHB living rent free with no prior housing payment.

A copy of an exception approval letter is available in the loan file.

FICO: 729 FICO exceeds the guideline requirement of 720.

Residual Income : $11,788.03 monthly

DTI: 26.98% DTI is less than the maximum guideline requirement of 50.00%.

QC Complete

07/15/2026

687

Georgia

07/XX/2026

Purchase

Not Covered/Exempt

Credit

F5KGO13YEAZ-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

The Appraisal reflecting occupant as tenant. Provide lease agreement for the subject property address.
08/12/2026: Resolved. Received notice of change of ownership and Notice of Terminantion of Month to Month Tenancy

08/12/2026: Resolved. Received notice of change of ownership and Notice of Terminantion of Month to Month Tenancy

QC Complete

08/03/2026

08/12/2026

08/03/2026

689

Pennsylvania

06/XX/2026

Cash Out

Not Covered/Exempt

Credit

Doc Issue

ICLLMBE5YRK-V7TJ126N

Resolved

* Amount of title insurance is less than mortgage amount (Lvl R)

The amount of title insurance $XX does not cover the loan amount $XX. Provide a copy of the title supplement report to cover the loan amount.
7/17/2026: Resolved. Received updated title.

7/17/2026: Resolved. Received updated title.

QC Complete

07/13/2026

07/17/2026

07/13/2026

689

Pennsylvania

06/XX/2026

Cash Out

Not Covered/Exempt

Credit

ICLLMBE5YRK-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

The current address,XX, does not cover the full 2-year housing history. Provide a updated 1003 documentation for former address to cover the required 2-year housing history along with rent-free letter for propertyXX, as it is missing.
07/21/2026: Countered. Missing the rent free letter.
07/28/2026: borrower is not a FTHB no rent free letter is needed.

07/28/2026: borrower is not a FTHB no rent free letter is needed.

QC Complete

07/13/2026

07/28/2026

07/13/2026

694

Tennessee

07/XX/2026

Purchase

Non-QM/Compliant

Compliance

C5SKP0OMOVC-O5S9HFJ8

Resolved

* Federal Higher Price Mortgage Loan (Lvl R)

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.

Higher-Priced Mortgage Loan Test: Charged 8.203% Allowed 7.990% Overby +0.213%

This loan is compliant with regulation 1026.35.

This loan is compliant with regulation 1026.35.

QC Complete

07/29/2026

07/28/2026

694

Tennessee

07/XX/2026

Purchase

Non-QM/Compliant

Credit

Guidelines

C5SKP0OMOVC-J587LE2V

Resolved

* Loan does not conform to program guidelines (Lvl R)

The credit report does not meet the guideline requirement of a minimum of three tradelines, each reported for at least 12 months.
8/4/2026: Countered: A minimun of Two (2) tradelines are acceptable if the borrower has a satisfactory mortgage rating for at least twelve (12) months (opened or closed) within the most recent twenty-four (24) months, and One (1) additional open tradeline for no less than 12 months

08/06/2026 Countered: Credit report reflects only two tradelines. The guidelines cited in the LOE require minimum three tradelines for non-traditional credit.
08/14/2026: Resolved. Using Rental housing payment history as additional tradeline

08/14/2026: Resolved. Using Rental housing payment history as additional tradeline

QC Complete

07/29/2026

08/14/2026

07/28/2026

695

Minnesota

07/XX/2026

Purchase

Non-QM/Compliant

Credit

KPZSOA2XHI0-UDN50XOG

Resolved

* Borrower Identity Missing (Lvl R)

The driver's license on file for borrower XX has expired. Provide an updated, valid driver's license.
07/22/2026: Resolved. Received updated ID's

07/22/2026: Resolved. Received updated ID's

QC Complete

07/14/2026

07/22/2026

07/14/2026

695

Minnesota

07/XX/2026

Purchase

Non-QM/Compliant

Credit

KPZSOA2XHI0-QSFFZZOT

Resolved

* Hazard Insurance Coverage less than Loan Amount (Lvl R)

Dwelling amount $XX is not sufficient to cover loan amount $XX. Provide a copy of the replacement cost estimator to cover the loan amount.

07/23/2026 Resolved: Resolved as per the fnma guidelines. The hazard insurance policy coverage is for replacement-cost which is sufficient coverage for this loan. Coverage in the amount of the loan amount was not required. Note there is significant site value per the appraisal in the amount of $XX

07/23/2026 Resolved: Resolved as per the fnma guidelines. The hazard insurance policy coverage is for replacement-cost which is sufficient coverage for this loan. Coverage in the amount of the loan amount was not required. Note there is significant site value per the appraisal in the amount of $XX.

QC Complete

07/14/2026

07/23/2026

07/14/2026

696

New York

07/XX/2026

Refinance

Not Covered/Exempt

Credit

0NVHKUJ0WWK-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of the Business Purpose Loan Certification, signed by the borrower, as it is missing.
08/06/2026: Resolved. Received Borrower business purpose certification

08/06/2026: Resolved. Received Borrower business purpose certification

QC Complete

08/03/2026

08/06/2026

08/03/2026

702

Maryland

07/XX/2026

Purchase

Non-QM/Compliant

Credit

35NZLMKDRLI-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide a copy of the missing July 2025 statement for the account XX
07/24/2026: Resolved. Received June 2025 statement.

07/24/2026: Resolved. Received June 2025 statement.

QC Complete

07/21/2026

07/24/2026

07/21/2026

702

Maryland

07/XX/2026

Purchase

Non-QM/Compliant

Valuation

35NZLMKDRLI-ZI5GG5MN

Resolved

* Automated Appraisal Review Missing (Lvl R)

Provide a copy of the appraisal state license, as it is currently missing
07/24/2026: Resolved. Received appraisers license

07/24/2026: Resolved. Received appraisers license

QC Complete

07/21/2026

07/24/2026

07/21/2026

704

California

07/XX/2026

Purchase

Not Covered/Exempt

Credit

Guidelines

TFT4UMMVR4E-J587LE2V

Waived

* Loan does not conform to program guidelines (Lvl W)

SLE exception requested.Subject has >=2 ADUs.

A copy of an exception approval letter is available in the loan file.

FICO: 763 exceeds the minimum FICO requirement of 720.

LTV: 75.00% is lower than the maximum guideline requirement of 80.00%.

DTI: 24.816% is lower than the maximum guideline requirement of 50.00%.

QC Complete

09/29/2026

07/28/2026

706

Montana

07/XX/2026

Purchase

Non-QM/Compliant

Valuation

Value

QRSLXRRU3BO-11KL34H8

Resolved

* Quality of Appraisal Report Unacceptable (Lvl R)

XXProvide a copy of appraisal license, as it is missing
07/31/2026: Resolved. Received current license

07/31/2026: Resolved. Received current license

QC Complete

07/21/2026

07/31/2026

07/20/2026

715

Alabama

07/XX/2026

Purchase

Non-QM/Compliant

Credit

Guidelines

T3N531RKFL2-J587LE2V

Resolved

* Loan does not conform to program guidelines (Lvl R)

As per guideline minimum tradeline requirement is 3 however credit report reflecting 1 tradeline.
07/27/2026: Resolve. Received. Credit supplement with 2 additional non-traditional tradeline.

07/27/2026: Resolve. Received. Credit supplement with 2 additional non-traditional tradeline.

QC Complete

07/21/2026

07/28/2026

07/20/2026

715

Alabama

07/XX/2026

Purchase

Non-QM/Compliant

Compliance

T3N531RKFL2-O5S9HFJ8

Resolved

* Federal Higher Price Mortgage Loan (Lvl R)

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.

Higher-Priced Mortgage Loan Test: Charged 8.296% Allowed 8.020% Overby +0.276%

This loan is compliant with regulation 1026.35.

This loan is compliant with regulation 1026.35.

QC Complete

07/21/2026

07/20/2026

717

Oregon

07/XX/2026

Refinance

Non-QM/Compliant

Credit

Doc Issue

10CGE305LXL-V7TJ126N

Resolved

* Amount of title insurance is less than mortgage amount (Lvl R)

The amount of title insurance of $XX on the Title Commitment is less than the loan amount $XX.
07/31/2026; Resolved. Received updated title

07/31/2026; Resolved. Received updated title

QC Complete

07/29/2026

07/31/2026

07/28/2026

717

Oregon

07/XX/2026

Refinance

Non-QM/Compliant

Credit

10CGE305LXL-UTM9VHCU

Resolved

* Final Application Incomplete (Lvl R)

Provide an updated Final 1003 reflecting the asset depletion, Social Security (SSA), and pension income under the Other Income section.
07/31/2026: Resolved. Received updated 1003

07/31/2026: Resolved. Received updated 1003

QC Complete

07/29/2026

07/31/2026

07/28/2026

719

New Mexico

06/XX/2026

Cash Out

Non-QM/Compliant

Credit

11RXCSRFVP5-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of updated final 1003 document with other income source as $2,319.80 as it is missing.
07/24/2026: Resolved. Received updated 1003.

07/24/2026: Resolved. Received updated 1003.

QC Complete

07/16/2026

07/24/2026

07/15/2026

720

New York

07/XX/2026

Refinance

Non-QM/Compliant

Credit

EBRKQHTNYUF-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of assets for $4899.88 to cover the required reserves as it is missing.
07/24/2026: Countered. Additional assets are needed in the amount of $4899.88 to cover the reserve requirement.
07/28/2026: Resolved. Reserves are not required for rate term refinance transactions if the following are met: Loan amount is < $1,500,000
Primary residence or second home
Mortgage history is 0x30x12 on all mortgages
Must have a full 12-month payment history making current housing payment
Subject property housing payment is decreasing
Borrower does not have a prior bankruptcy, foreclosure, short sale, DIL, pre-foreclosure, or mortgage charge-off

07/28/2026: Resolved. Reserves are not required for rate term refinance transactions if the following are met: Loan amount is < $1,500,000
Primary residence or second home
Mortgage history is 0x30x12 on all mortgages
Must have a full 12-month payment history making current housing payment
Subject property housing payment is decreasing
Borrower does not have a prior bankruptcy, foreclosure, short sale, DIL, pre-foreclosure, or mortgage charge-off

QC Complete

07/16/2026

07/28/2026

07/15/2026

722

Wisconsin

06/XX/2026

Purchase

Not Covered/Exempt

Credit

STNXLEOXWYL-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Gift letter with amount $73,000.00 is missing the XX and Borrower signatures. Provide an updated one.
07/13/2026: Resolved. Received gift letter

07/13/2026: Resolved. Received gift letter

QC Complete

06/22/2026

07/13/2026

06/22/2026

722

Wisconsin

06/XX/2026

Purchase

Not Covered/Exempt

Credit

STNXLEOXWYL-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Final 1003 correction required for gift funds to reflect as $73,000.00. As we received wire transfer for $73,000.00 , final CD also confirms it.
08/07/2026: Countered. 1003 provided does not have the gift of $73,000.00 listed. Please provide an updated 1003 with the gift funds of $73,000.00 that is listed on the final CD.
08/11/2026: Resolved. Received 1003 with gift listed

08/11/2026: Resolved. Received 1003 with gift listed

QC Complete

06/22/2026

08/11/2026

06/22/2026

722

Wisconsin

06/XX/2026

Purchase

Not Covered/Exempt

Credit

Doc Issue

STNXLEOXWYL-V7TJ126N

Resolved

* Amount of title insurance is less than mortgage amount (Lvl R)

Coverage amount $XX on the title report is less than the mortgage loan amount of $XX. Provide a copy of Title Supplement to cover the loan amount.
07/02/2026: Resolved. Received updated title.

07/02/2026: Resolved. Received updated title.

QC Complete

06/22/2026

07/02/2026

06/19/2026

724

California

07/XX/2026

Purchase

Non-QM/Compliant

Credit

Doc Issue

K4W3YIYBW5X-V7TJ126N

Resolved

* Amount of title insurance is less than mortgage amount (Lvl R)

Provide a copy of updated Title supplement to cover the loan amount $XX.
07/22/2026: Resolved. Received updated title

07/22/2026: Resolved. Received updated title

QC Complete

07/15/2026

07/22/2026

07/15/2026

727

Texas

06/XX/2026

Purchase

Non-QM/Compliant

Credit

FDJYZ2H4YUH-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Missing documentation evidencing the donor's (XX) source of funds for the $30,000.00 gift.
07/24/2026: Resolved. Received bank statement showing deposit from XX by XX

07/24/2026: Resolved. Received bank statement showing deposit from XX

QC Complete

09/30/2026

07/16/2026

727

Texas

06/XX/2026

Purchase

Non-QM/Compliant

Credit

FDJYZ2H4YUH-UTM9VHCU

Resolved

* Final Application Incomplete (Lvl R)

Provide an updated final application reflecting Social Security (SSA) income of $2,367.70 under the other income section.
07/24/2026: Resolved. Received updated 1003.

07/24/2026: Resolved. Received updated 1003.

QC Complete

09/30/2026

07/15/2026

727

Texas

06/XX/2026

Purchase

Non-QM/Compliant

Credit

FDJYZ2H4YUH-53UNNI64

Resolved

* Excessive DTI (Lvl R)

Provide documentation to support the correct monthly payment for XX Credit Card ending in #XX. The credit report reflects a payment of $791, while the application reflects $179.23. Update the qualifying liabilities accordingly. With the correct monthly payment of $791, the borrower’s DTI ratio increases to 50.70%, which exceeds the maximum allowable qualifying ratio of 50% per XX guidelines.
07/24/2026: Countered. Documents provided do not show the correct payment for XX. Documentation is still needed for proof of payment of $179.23
07/29/2026: Resolved. Received updated 1003, 1008 and income calculations to include asset depletion to get DTI to 49.98

07/29/2026: Resolved. Received updated 1003, 1008 and income calculations to include asset depletion to get DTI to 49.98

QC Complete

09/30/2026

729

California

06/XX/2026

Purchase

Non-QM/Compliant

Credit

0NFLZMKG4AX-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Missing condo questionnaire.
07/22/2026: Resolved. 1008 indicates project classification exempt from review, V condo project review waived.

07/22/2026: Resolved. 1008 indicates project classification exempt from review, V condo project review waived.

QC Complete

07/17/2026

07/22/2026

07/17/2026

729

California

06/XX/2026

Purchase

Non-QM/Compliant

Credit

0NFLZMKG4AX-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide an updated Master Hazard Insurance Policy that includes the required mortgagee clause (ISAOA/ATIMA), or documentation evidencing the mortgagee clause

07/23/2026 Resolved: Resolved as per the fnma guidelines.

07/23/2026 Resolved: Resolved as per the fnma guidelines.

QC Complete

07/17/2026

07/23/2026

07/17/2026

729

California

06/XX/2026

Purchase

Non-QM/Compliant

Credit

0NFLZMKG4AX-UTM9VHCU

Resolved

* Final Application Incomplete (Lvl R)

Provide an updated Final Application reflecting the Asset Qualifier income under the Other Income section.
07/24/2026: Resolved. Loan is asset qualifier. Income does not have to be listed on 1003

07/24/2026: Resolved. Loan is asset qualifier. Income does not have to be listed on 1003

QC Complete

07/17/2026

07/24/2026

07/17/2026

735

South Carolina

07/XX/2026

Refinance

Non-QM/Compliant

Credit

Assets Insufficient

HFEVCQPVENT-RDQHOAL4

Resolved

* Assets are not sufficient to close (Lvl R)

Provide a copy of bank statement for XX to cover insufficient asset.

07/30/2026: Resolved. Received bank statement.

07/30/2026: Resolved. Received bank statement.

QC Complete

07/16/2026

07/30/2026

07/15/2026

735

South Carolina

07/XX/2026

Refinance

Non-QM/Compliant

Credit

HFEVCQPVENT-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

24 months bank statements are missing in the file to calculate the stated income. Provide bank statements from June 2024 to May 2026 for the account XX
07/30/2026: Countered. Still missing bank statement for XX 6/2025,7/2025,8/2025, 9/2025, 10/2025, 11/2025
07/31/2026: Resolved. Received bank statements.

07/31/2026: Resolved. Received bank statements.

QC Complete

07/16/2026

07/31/2026

07/15/2026

735

South Carolina

07/XX/2026

Refinance

Non-QM/Compliant

Valuation

Property

HFEVCQPVENT-5COCFHAP

Resolved

* Completed "Subject To" w/o Compltn Cert in File (Lvl R)

Provide a copy of 1004D for the subject property as the appraisal is reflecting "Subject to repairs and alterations".
07/29/2026: Resolved. Received pictures of completed work with invoice and copy of check

07/29/2026: Resolved. Received pictures of completed work with invoice and copy of check

QC Complete

07/16/2026

07/29/2026

07/16/2026

735

South Carolina

07/XX/2026

Refinance

Non-QM/Compliant

Credit

Other Disclosures

HFEVCQPVENT-ZXHR0C1D

Resolved

* Missing Required Disclosures (Lvl R)

Provide a copy of VVOE for the borrower business "XX" as it is missing.
07/29/2026: Resolved. Received VVOE

07/29/2026: Resolved. Received VVOE

QC Complete

07/16/2026

07/29/2026

07/16/2026

735

South Carolina

07/XX/2026

Refinance

Non-QM/Compliant

Credit

HFEVCQPVENT-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of CPA letter or operating agreement to confirm the ownership of borrower business "XX".
07/29/2026: Resolved. Received CPA letter stating 100% ownership

07/29/2026: Resolved. Received CPA letter stating 100% ownership

QC Complete

07/16/2026

07/29/2026

07/16/2026

736

California

07/XX/2026

Purchase

Non-QM/Compliant

Credit

K2QHQWHDXGX-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide an updated hazard insurance policy reflecting the ISAOA/ATIMA mortgagee clause naming XX as the mortgagee/lender loss payee.
08/11/2026: Resolved. Received updated HOI

08/11/2026: Resolved. Received updated HOI

QC Complete

07/29/2026

08/11/2026

07/28/2026

737

California

07/XX/2026

Purchase

Non-QM/Compliant

Compliance

YNI5OEQKXJ4-O5S9HFJ8

Resolved

* Federal Higher Price Mortgage Loan (Lvl R)

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.

Higher-Priced Mortgage Loan Test: Charged 9.360% Allowed 7.990% Overby +1.370%

This loan is compliant with regulation 1026.35.

This loan is compliant with regulation 1026.35.

QC Complete

07/29/2026

07/28/2026

737

California

07/XX/2026

Purchase

Non-QM/Compliant

Compliance

YNI5OEQKXJ4-7NVY4BLQ

Resolved

* State Higher Price Mortgage Loan (Lvl R)

(CA AB 260, California Financial Code Division 1.9 4995(a)Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in the California Financial Code.

CA AB 260 Higher-Priced Mortgage Loan Test: Charged 9.360% Allowed 7.990% Overby +1.370%

This loan is compliant with regulation CA AB 260, California Financial Code Division 1.9 4995(a).

This loan is compliant with regulation CA AB 260, California Financial Code Division 1.9 4995(a).

QC Complete

07/29/2026

07/28/2026

737

California

07/XX/2026

Purchase

Non-QM/Compliant

Credit

YNI5OEQKXJ4-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide a copy of the fully executed purchase agreement addendum reflecting the revised purchase price.
08/05/2026: Resolved. Received purchase contact.

08/05/2026: Resolved. Received purchase contact.

QC Complete

07/29/2026

08/05/2026

07/29/2026

741

Florida

07/XX/2026

Cash Out

Non-QM/Compliant

Compliance

M0G4N3ECQH5-O5S9HFJ8

Resolved

* Federal Higher Price Mortgage Loan (Lvl R)

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.

Higher-Priced Mortgage Loan Test: FAIL 8.264% 8.020% +0.244%

This loan is compliant with regulation 1026.35.

This loan is compliant with regulation 1026.35.

QC Complete

08/04/2026

08/03/2026

742

Florida

07/XX/2026

Purchase

Non-QM/Compliant

Credit

Doc Issue

NRP4XJVHH4B-V7TJ126N

Resolved

* Amount of title insurance is less than mortgage amount (Lvl R)

Amount of title insurance is not sufficient to cover the loan amount of $XX. Provide a copy of title supplemental report.
07/31/2026: Resolved. Received updated title.

07/31/2026: Resolved. Received updated title.

QC Complete

07/24/2026

07/31/2026

07/23/2026

742

Florida

07/XX/2026

Purchase

Non-QM/Compliant

Credit

NRP4XJVHH4B-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

4th page of the note document is missing. Provide document including all pages.
07/29/2026: Resolved. Received all pages of Note

07/29/2026: Resolved. Received all pages of Note

QC Complete

07/24/2026

07/29/2026

07/23/2026

748

Montana

06/XX/2026

Purchase

Non-QM/Compliant

Credit

OTRJSLP5Q1F-QSFFZZOT

Resolved

* Hazard Insurance Coverage less than Loan Amount (Lvl R)

Dwelling amount is not sufficient to cover loan amount, provide a copy of replacement cost estimator
07/15/2026: Countered. coverage amount needs to be $XX

07/23/2026 Resolved : The copy of letter with coverage RCE resolves the condition.

07/23/2026 Resolved : The copy of letter with coverage RCE resolves the condition.

QC Complete

07/02/2026

07/23/2026

06/30/2026

748

Montana

06/XX/2026

Purchase

Non-QM/Compliant

Credit

OTRJSLP5Q1F-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of government ID for the borrower (XX) as it is missing.
07/14/2026: Resolved. Received ID

07/14/2026: Resolved. Received ID

QC Complete

07/02/2026

07/14/2026

07/01/2026

748

Montana

06/XX/2026

Purchase

Non-QM/Compliant

Compliance

OTRJSLP5Q1F-O5S9HFJ8

Resolved

* Federal Higher Price Mortgage Loan (Lvl R)

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.

Higher-Priced Mortgage Loan Test: Charged 9.340% Allowed 9.100% Overby+0.240%

This loan is compliant with regulation 1026.35.

This loan is compliant with regulation 1026.35.

QC Complete

07/02/2026

748

Montana

06/XX/2026

Purchase

Non-QM/Compliant

Credit

OTRJSLP5Q1F-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide copy of mortgage statements for XX and XX as it is missing.
07/09/2026: Resolved. Received loe stating no mortgage statements were available. Taxes and Insurance were included in the total payment.

07/09/2026: Resolved. Received loe stating no mortgage statements were available. Taxes and Insurance were included in the total payment.

QC Complete

07/02/2026

07/09/2026

07/01/2026

748

Montana

06/XX/2026

Purchase

Non-QM/Compliant

Credit

Guidelines

OTRJSLP5Q1F-J587LE2V

Waived

* Loan does not conform to program guidelines (Lvl W)

The subject property is a barndominium, which is an ineligible property type under the XX guidelines.

A copy of an exception approval letter is available in the loan file.

FICO: 729 FICO exceeds the guideline requirement of 700.

DTI: 22.75% DTI is less than the maximum guideline requirement of 50.00%.

Reserves: The 14 months of available reserves are more than the guideline requirement of 3 months.

QC Complete

07/02/2026

07/01/2026

762

New Jersey

06/XX/2026

Refinance

Non-QM/Compliant

Credit

CSKGLDMJB5O-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of supporting document for other amount of $262.45 taken for PITIA calculation.07/22/2026: Resolved. Received Solar contract.

07/22/2026: Resolved. Received Solar contract.

QC Complete

07/16/2026

07/22/2026

07/15/2026

764

Florida

06/XX/2026

Purchase

Non-QM/Compliant

Credit

MXZP2PBSWCE-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide an updated final 1003 for the borrower, XX, reflecting the retirement income under the Other Income section.
07/24/2026: Resolved. Received updated 1003.

07/24/2026: Resolved. Received updated 1003.

QC Complete

07/16/2026

07/24/2026

07/15/2026

766

California

07/XX/2026

Refinance

Non-QM/Compliant

Credit

Doc Issue

5DPHZB3S0Q0-V7TJ126N

Resolved

* Amount of title insurance is less than mortgage amount (Lvl R)

Provide a copy of the title supplement report reflecting coverage for the loan amount of $XX.
08/12/2026: Resolved. Received updated title

08/12/2026: Resolved. Received updated title

QC Complete

07/30/2026

08/12/2026

07/30/2026

766

California

07/XX/2026

Refinance

Non-QM/Compliant

Credit

5DPHZB3S0Q0-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide a copy of the two most recent monthly bank statements for XX #XX & XX #XX.
08/06/2026: Resolved. Received 2 months bank statements

08/06/2026: Resolved. Received 2 months bank statements

QC Complete

07/30/2026

08/06/2026

07/30/2026

766

California

07/XX/2026

Refinance

Non-QM/Compliant

Credit

5DPHZB3S0Q0-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide supporting documentation for the $132,109.00 disbursement to the exiting co-borrower (XX) reflected on the Final Closing Disclosure, including any applicable equity buyout agreement, executed deed transferring ownership interest, or other documentation supporting the payoff amount.
08/04/2026: Resolved. Received a copy of the Escrow instruction Title Transfer Adajacent to Loan Escrow

08/04/2026: Resolved. Received a copy of the Escrow instruction Title Transfer Adajacent to Loan Escrow

QC Complete

07/30/2026

08/04/2026

07/30/2026

766

California

07/XX/2026

Refinance

Non-QM/Compliant

Credit

5DPHZB3S0Q0-G0TZ53U4

Resolved

* Hazard Insurance (Lvl R)

Provide an updated hazard insurance policy or endorsement reflecting the required ISAOA/ATIMA mortgagee clause. The policy must be effective on or before the loan closing date of 07/XX/2026. The current policy effective date of 08/XX/2026 is not acceptable.
08/14/2026: Resolved. Received HOI with dates from XX-XX.

08/14/2026: Resolved. Received HOI with dates from XX-XX.

QC Complete

07/30/2026

08/14/2026

07/30/2026

769

Florida

07/XX/2026

Purchase

Non-QM/Compliant

Credit

LQE5OGFZPX0-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide supporting documentation for the HELOC account (XX ]account ending in XX) evidencing the required monthly payment amount of $2,418.00.
08/04/2026: Received HELOC agreement and payment calculations

08/04/2026: Received HELOC agreement and payment calculations

QC Complete

07/29/2026

08/04/2026

07/28/2026

785

Colorado

07/XX/2026

Cash Out

Non-QM/Compliant

Credit

Other Disclosures

4OBVH1MDWG3-ZXHR0C1D

Resolved

* Missing Required Disclosures (Lvl R)

Provide a copy of business bank statements of XX checkin #XX for the month ending 05/31/2025 as it is missing in the file
07/24/2026: Resolved. Received 05/31/2025 bank statement

07/24/2026: Resolved. Received 05/31/2025 bank statement

QC Complete

07/16/2026

07/24/2026

07/15/2026

786

Florida

06/XX/2026

Refinance

Not Covered/Exempt

Credit

EXITMJHJYZL-UTM9VHCU

Resolved

* Final Application Incomplete (Lvl R)

Provide a copy of updated Final Application reflecting Asset Qualifier on the Other Income Sources.
08/03/2026: Resolved. Received updated 1003

08/03/2026: Resolved. Received updated 1003

QC Complete

07/21/2026

08/03/2026

07/21/2026

786

Florida

06/XX/2026

Refinance

Not Covered/Exempt

Credit

Legal Docs

EXITMJHJYZL-EUEQKHF8

Resolved

* Missing Business Purpose & Occupancy Affidavit (Lvl R)

Provide a copy of Business Purpose Loan Certificate.
07/29/2026: Resolved. Received business purpose & occupancy affidavit

07/29/2026: Resolved. Received business purpose & occupancy affidavit

QC Complete

07/21/2026

07/29/2026

07/21/2026

792

New York

07/XX/2026

Purchase

Not Covered/Exempt

Credit

GDQRGUCI0FP-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of title report with Schedule A and Schedule B.
07/30/2026: Resolved. Received updated title

07/30/2026: Resolved. Received updated title

QC Complete

07/21/2026

07/30/2026

07/21/2026

795

Michigan

07/XX/2026

Cash Out

Non-QM/Compliant

Credit

BU1TCOV4UDE-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Missing proof of ID for borrower XX.
08/05/2026: Resolved. Received ID

08/05/2026: Resolved. Received ID

QC Complete

07/29/2026

08/05/2026

07/29/2026

795

Michigan

07/XX/2026

Cash Out

Non-QM/Compliant

Credit

Guidelines

BU1TCOV4UDE-J587LE2V

Waived

* Loan does not conform to program guidelines (Lvl W)

Exception is for waiving the second appraisal required due to >20% increase in property value within the past 12 months on a cash out refi.

A copy of an exception approval letter is available in the loan file.

FICO: 789 FICO exceeds the guideline requirement of 680.

LTV: 70.51% LTV is less than the guideline requirement of 75.00%

DTI: 40.87% DTI is less than the maximum guideline requirement of 50.00%.

QC Complete

07/29/2026

800

Texas

07/XX/2026

Cash Out

Not Covered/Exempt

Credit

CDZRD4WSLUL-UDN50XOG

Resolved

* Borrower Identity Missing (Lvl R)

The borrower's government-issued identification is not legible, as the ID number cannot be clearly read. Provide a clear and legible copy of the borrower's driver's license for verification.
08/03/2026: Resolved. Received copy of passport

08/03/2026: Resolved. Received copy of passport

QC Complete

07/29/2026

08/03/2026

07/29/2026

804

Louisiana

07/XX/2026

Cash Out

Non-QM/Compliant

Credit

KN5PN01HXOX-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide supporting documentation for the HOA dues, property taxes, and hazard insurance for the subject property located at XX, XX, LA XX.
08/03/2026: Countered. HOA, Taxes and Insurance needed is for property located at XXh, XX, LA XX.
08/06/2026: Resolved. Received HOA and mortgage stmt showing PITI

08/06/2026: Resolved. Received HOA and mortgage stmt showing PITI

QC Complete

07/29/2026

08/06/2026

07/29/2026

807

Oregon

06/XX/2026

Cash Out

Non-QM/Compliant

Credit

KREKX3DVJC5-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide a LOE for final 1003 reflecting current address showing "no primary expenses - XX ".But, the REO section has a "primary residence - XX
7/29/2026; Resolved. Received LOE

7/29/2026; Resolved. Received LOE

QC Complete

07/16/2026

07/29/2026

07/15/2026

811

Oregon

07/XX/2026

Purchase

Non-QM/Compliant

Credit

JXUW1RUWSIU-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of purchase addendum with $XX as the purchase price on the purchase contract $XX differs from the purchase price shown on all other closing documents.
07/28/2026: Resolved. Received contract addendum

07/28/2026: Resolved. Received contract addendum

QC Complete

07/21/2026

07/28/2026

07/21/2026

814

Georgia

07/XX/2026

Purchase

Non-QM/Compliant

Credit

NAYL1OCMOR1-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide an updated final 1003. The asset depletion income must be listed under Other Income on the final 1003
08/03/2026: Resolved. Received updated 1003

08/03/2026: Resolved. Received updated 1003

QC Complete

07/15/2026

08/03/2026

07/15/2026

817

New Jersey

07/XX/2026

Cash Out

Non-QM/Compliant

Credit

Doc Issue

S1YC2HV0MAP-V7TJ126N

Resolved

* Amount of title insurance is less than mortgage amount (Lvl R)

The amount of title insurance of $XX on the Title Commitment is less than the loan amount $XX
8/7/2026; Resolved. Received updated title

8/7/2026; Resolved. Received updated title

QC Complete

08/04/2026

08/07/2026

08/03/2026

818

Michigan

07/XX/2026

Cash Out

Not Covered/Exempt

Credit

Y5SFKQKBFKB-UDN50XOG

Resolved

* Borrower Identity Missing (Lvl R)

Provide a copy of updated government ID as the current one has been expired on 07-XX-2025
08/03/2026: Resolved. Received updated ID

08/03/2026: Resolved. Received updated ID

QC Complete

07/21/2026

08/03/2026

07/21/2026

818

Michigan

07/XX/2026

Cash Out

Not Covered/Exempt

Credit

Guidelines

Y5SFKQKBFKB-J587LE2V

Waived

* Loan does not conform to program guidelines (Lvl W)

Requesting exception for a loan amount of $XX

A copy of an exception approval letter is available in the loan file.

DSCR: 1.26 DSCR exceeds the guideline requirement of 1.00.

FICO: 762 FICO exceeds the guideline requirement of 700.

QC Complete

07/21/2026

825

New York

07/XX/2026

Purchase

Non-QM/Compliant

Credit

Guidelines

S22LAXWIAWB-J587LE2V

Waived

* Loan does not conform to program guidelines (Lvl W)

FTHB with no housing payment history in most recent 3 years.

A copy of an exception approval letter is available in the loan file.

Reserves: The 14 months of available reserves are more than the guideline requirement of 3 months.

DTI: 31.95% DTI is less than the maximum guideline requirement of 50.00%.

Residual Income : $4,967.09 monthly

QC Complete

07/29/2026

828

Florida

05/XX/2026

Purchase

Non-QM/Compliant

Compliance

P1K51ORECNW-KMWEVJ70

Resolved

* HUD-1 Closing Statement missing or unsigned (Lvl R)

Missing Final Closing Disclosure.

Not Resolved: Received Final Closing disclosure with borrower signed document, but 5th page is incomplete on loan calculations details like Total of Payments, Finance charges, Amount financed, APR and TIP details.

Resolved 07/30/2026: Received Final Closing Disclosure dated XX and exception is cleared.

Resolved 07/30/2026: Received Final Closing Disclosure dated XX and exception is cleared.

Resolved 07/30/2026: Received Final Closing Disclosure dated 05/12/2026 and exception is cleared.

QC Complete

06/01/2026

07/30/2026

06/01/2026

828

Florida

05/XX/2026

Purchase

Non-QM/Compliant

Credit

P1K51ORECNW-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide supporting document for the gift amount $146,000.00 Only Gift letter in file.
06/17/2026: Resolved. Received gift letters for $5,000, $7,500 and $135,908.93

06/17/2026: Resolved. Received gift letters for $5,000, $7,500 and $135,908.93

QC Complete

06/01/2026

06/17/2026

06/01/2026

829

Florida

07/XX/2026

Purchase

Not Covered/Exempt

Credit

Guidelines

AHU0IMJ4SQ1-J587LE2V

Waived

* Loan does not conform to program guidelines (Lvl W)

Requesting LTV exception to 85%. Max is 80%.

A copy of an exception approval letter is available in the loan file.

Reserves: The 18 months of available reserves are more than the guideline requirement of 6 months.

FICO: 740 FICO exceeds the guideline requirement of 700.

DSCR: 1.31 DSCR exceeds the guideline requirement of 1.00.

QC Complete

09/30/2026

07/29/2026

832

Florida

07/XX/2026

Purchase

Not Covered/Exempt

Credit

Doc Issue

GZDPKWIK2NU-H3X4TJ0T

Resolved

* Missing Title evidence (Lvl R)

Provide a copy of Title report as it is missing.
08/04/2026: Resolved. Received copy of title

08/04/2026: Resolved. Received copy of title

QC Complete

07/21/2026

08/04/2026

07/17/2026

838

North Carolina

07/XX/2026

Purchase

Not Covered/Exempt

Credit

WTD5PG1QQ20-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of updated Hazard insurance including Lender ISAOA/ATIMA clause, as is it missing.
07/29/2026: Resolved. Received updated HOI

07/29/2026: Resolved. Received updated HOI

QC Complete

07/16/2026

07/29/2026

07/15/2026

841

Texas

07/XX/2026

Cash Out

Not Covered/Exempt

Credit

Guidelines

V3IBSJXPDN3-J587LE2V

Waived

* Loan does not conform to program guidelines (Lvl W)

Exception for loan amount of $XX vs min loan amount of $100,000.00.

A copy of an exception approval letter is available in the loan file.

DSCR: 1.03 DSCR exceeds the guideline requirement of 1.00.

FICO: 745 FICO exceeds the guideline requirement of 720.

QC Complete

07/30/2026

07/29/2026

842

Tennessee

07/XX/2026

Purchase

Non-QM/Compliant

Compliance

OX3XGZPLT23-KMWEVJ70

Resolved

* HUD-1 Closing Statement missing or unsigned (Lvl R)

Note document interest rate 6.5% and Final CD interest rate 5.5%, Provide corrected interest rate Final CD or PCCD.

Resolved 07/29/2026: Received updated Interest Rate Letter of Explanation and exception is cleared.

Resolved 07/29/2026: Received updated Interest Rate Letter of Explanation and exception is cleared.

QC Complete

07/16/2026

07/29/2026

07/16/2026

842

Tennessee

07/XX/2026

Purchase

Non-QM/Compliant

Credit

OX3XGZPLT23-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of Updated Title report for ISAOA/ATIMA Clause is missing
07/22/2026: Countered; Title needs to have the verbiage ISAOA/ATIMA added to the mortgagee clause as it is still missing
07/24/2026: Resolved. Received updated title

07/24/2026: Resolved. Received updated title

QC Complete

07/16/2026

07/24/2026

07/16/2026

844

Alaska

06/XX/2026

Purchase

Non-QM/Compliant

Credit

23OQNUURXMF-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of the corrected final 1003 to resolve the asset depletion income discrepancy, as the current final 1003 does not reflect the verified asset qualifier income amount of $17,434.22.00, which was used in the DTI calculations.
07/22/2026: Resolved. Received updated 1003

07/22/2026: Resolved. Received updated 1003

QC Complete

07/16/2026

07/22/2026

07/16/2026

844

Alaska

06/XX/2026

Purchase

Non-QM/Compliant

Credit

Guidelines

23OQNUURXMF-J587LE2V

Waived

* Loan does not conform to program guidelines (Lvl W)

Exception to allow the use of XX future income with a gap of employment of more than 6 months when the borrower has not been back to work for at least 6 months. A copy of an exception approval letter is available in the loan file.

LTV: 80.00% LTV is less than the guideline requirement of 90.00%. FICO: 741 FICO exceeds the guideline requirement of 700. DTI: 49.62% DTI is less than the maximum guideline requirement of 50.00%.

QC Complete

07/16/2026

846

Texas

06/XX/2026

Purchase

Non-QM/Compliant

Credit

SDQ5EOK225H-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide a copy of updated final 1003 with correct start date on the employment section.
07/28/2026: Resolved. Received updated 1003.

07/28/2026: Resolved. Received updated 1003.

QC Complete

07/14/2026

07/28/2026

07/14/2026

851

Florida

06/XX/2026

Purchase

Not Covered/Exempt

Credit

EUUEQW5GIF3-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of Condo Questionnaire as it is missing in the file.
07/27/2026: Resolved. Received condo Questionnaire

07/27/2026: Resolved. Received condo Questionnaire

QC Complete

07/23/2026

07/27/2026

07/23/2026

852

California

06/XX/2026

Refinance

Non-QM/Compliant

Credit

DAVARJ0MNKU-QSFFZZOT

Resolved

* Hazard Insurance Coverage less than Loan Amount (Lvl R)

Provide a copy of the Replacement Cost Estimator, as the current hazard insurance coverage of $XX does not cover the loan amount of $XX.

07/23/2026 Resolved : Resolved as per the fnma guidelines.

07/23/2026 Resolved : Resolved as per the fnma guidelines.

QC Complete

07/08/2026

07/23/2026

07/06/2026

854

California

07/XX/2026

Purchase

Non-QM/Compliant

Credit

OXX2OXABPNJ-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Per program guidelines, two months' bank statements are required for XX #XX. The loan file currently contains only the May 2026 bank statement. Provide the missing bank statement(s) to satisfy the two-month documentation requirement.
07/27/2026. Received loe stating: The account was newly opened and the funds were transfered from XX with the XX statement provided showing hte paper trail.

07/27/2026. Received loe stating: The account was newly opened and the funds were transfered from XX with the XX statement provided showing hte paper trail.

QC Complete

09/29/2026

07/15/2026

854

California

07/XX/2026

Purchase

Non-QM/Compliant

Credit

Guidelines

OXX2OXABPNJ-J587LE2V

Waived

* Loan does not conform to program guidelines (Lvl W)

Exception for borrower is a first time home buyer - was paying rent from 2016 - to 2022 - then moved home to save money so living rent free since then.

A copy of an exception approval letter is available in the loan file.

FICO: 786 exceeds the minimum FICO requirement of 720.

DSCR: 27.17% exceeds the minimum DSCR requirement of 50.00%.

Reserves: 43 months of available reserves are more than the guideline requirement of 6 months.

QC Complete

09/29/2026

07/14/2026

857

Wisconsin

07/XX/2026

Refinance

Non-QM/Compliant

Credit

VTACAS3NC3Q-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide missing bank statement for the march 2025 XX#XX
07/24/2026: Resolved. Received statement for march XX #XX

07/24/2026: Resolved. Received statement for march XX

QC Complete

07/21/2026

07/24/2026

07/21/2026

858

New York

06/XX/2026

Cash Out

Non-QM/Compliant

Credit

Doc Issue

HC4QXT3UGPQ-HI5N7YPL

Resolved

* Mortgage missing / unexecuted (Lvl R)

Provide a copy of DOT as it is missing in the file.
07/29/2026: Resolved. A copy of the Loan Security Agreement is in the file.

07/29/2026: Resolved. A copy of the Loan Security Agreement is in the file.

QC Complete

09/29/2026

07/08/2026

858

New York

06/XX/2026

Cash Out

Non-QM/Compliant

Credit

HC4QXT3UGPQ-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

The loan is a primary residence refinance for the subject property located at XX. However, the co-borrower final 1003 reflects the intended occupancy as a primary residence at XX. Provide an updated final 1003 reflecting the correct intended occupancy for the subject property.
07/22/2026: Resolved. Received updated 1003.

07/22/2026: Resolved. Received updated 1003.

QC Complete

09/29/2026

07/08/2026

858

New York

06/XX/2026

Cash Out

Non-QM/Compliant

Credit

Doc Issue

HC4QXT3UGPQ-V7TJ126N

Resolved

* Amount of title insurance is less than mortgage amount (Lvl R)

The Title Commitment does not reflect the Amount of Insurance (Mortgagee). Provide an updated Title supplement report / Title Commitment showing the correct Amount of Insurance (Mortgagee).
07/16/2026: Countered. Title documents provided do not have the amount of insurance listed or the mortgagee informatiuon. Updated title is still needed.
07/22/2026: Countered. Title documents provided do not have the amount of insurance listed or the mortgagee informatiuon. Updated title is still needed.

08/03/2026 Resolved: Resolved as the tile insurance is not required on co-op.

08/03/2026 Resolved: Resolved as the tile insurance is not required on co-op.

QC Complete

09/29/2026

07/08/2026

858

New York

06/XX/2026

Cash Out

Non-QM/Compliant

Credit

Guidelines

HC4QXT3UGPQ-J587LE2V

Waived

* Loan does not conform to program guidelines (Lvl W)

Exception to not use Income for occupying borrower and use Income for non-occupying Borrower because B-1 doesn't meet trade line requirement

A copy of an exception approval letter is available in the loan file.

Reserves: 122 months of available reserves are more than the guideline requirement of 9 months.

FICO: 720 exceeds the minimum FICO requirement of 640.

DTI: 3.789% is lower than the maximum guideline requirement of 50.00%.

LTV: 65.00% is lower than the maximum guideline requirement of 80.00%.

QC Complete

09/29/2026

07/08/2026

860

New York

07/XX/2026

Purchase

Non-QM/Compliant

Credit

RXFSROUN4PE-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of updated 1003, as the property - XX reflecting as primary residence, however the loan program is purchase primary
07/29/2026: Resolved. Received updated 1003

07/29/2026: Resolved. Received updated 1003

QC Complete

07/22/2026

07/29/2026

07/21/2026

862

New York

06/XX/2026

Cash Out

Non-QM/Compliant

Credit

ELSBT4XH23M-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Missing condo questionnaire.
07/22/2026: Countered. A completed condo questionnaire is needed.
7/24/2026: Resolved. 1008 indicates V condo Project Review Waived.

7/24/2026: Resolved. 1008 indicates V condo Project Review Waived.

QC Complete

07/14/2026

07/24/2026

07/14/2026

866

California

07/XX/2026

Purchase

Non-QM/Compliant

Credit

Guidelines

R1TH2KZTOTR-J587LE2V

Waived

* Loan does not conform to program guidelines (Lvl W)

FTHB living rent free

A copy of an exception approval letter is available in the loan file.

FICO: 715 FICO exceeds the guideline requirement of 700.

DTI: 23.41% DTI is less than the maximum guideline requirement of 50.00%.

LTV: 80.00% LTV is less than the guideline requirement of 85.00%.

QC Complete

08/03/2026

07/31/2026

868

Alaska

07/XX/2026

Purchase

Non-QM/Compliant

Credit

DVFPD3ZSW4T-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide a copy of Feb-2026 bank statement for the account number #XX.
07/24/2026: Resolved. Received Feb 2026 bank statement.

07/24/2026: Resolved. Received Feb 2026 bank statement.

QC Complete

07/16/2026

07/24/2026

07/16/2026

868

Alaska

07/XX/2026

Purchase

Non-QM/Compliant

Valuation

Appraisal

DVFPD3ZSW4T-ANNC2X7V

Resolved

* The Appraisal License is Missing (Lvl R)

Provide a copy of Appraisers License.
07/23/2026: Resolved. Received appraisers license.

07/23/2026: Resolved. Received appraisers license.

QC Complete

07/16/2026

07/23/2026

07/16/2026