Exhibit 99.01 - Schedule 2
| Exception Grades |
| Run Date - 10/19/2026 10:15:14 AM |
| SitusAMC Loan ID | Customer Loan ID | Seller Loan ID | Investor Loan Number | Loan Exception ID | Exception ID | Exception Date | Exception Type | Exception Category | Exception Subcategory | 15E Category | Exception | Exception Detail | Exception Information | Compensating Factors | Compensating Factor Information | Applying Party | Follow-up Comments | Cleared Date | Cured Date | Waived Date | Waived with Regrade | Exception Level Grade | DBRS Initial Exception Rating | DBRS Final Exception Rating | Fitch Initial Exception Rating | Fitch Final Exception Rating | Kroll Initial Exception Rating | Kroll Final Exception Rating | Moody's Initial Exception Rating | Moody's Final Exception Rating | S&P Initial Exception Rating | S&P Final Exception Rating | Note Date | Property State | Occupancy | Purpose | Exception Remediation | Overall Initial Loan Grade |
Overall Final Loan Grade |
Credit Initial Loan Grade |
Credit Final Loan Grade |
Compliance Initial Loan Grade |
Compliance Final Loan Grade |
Property Initial Loan Grade |
Property Final Loan Grade |
Originator QM ATR Status | TPR QM ATR Status | Is Curable |
| xxx | 2187449 | xxx | XXXX | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided | Security Instrument - Subject Lien is missing in file. | Reviewer Comment (2026-04-01): Received Security Instrument for the subject lien. Exception Cleared. Buyer Comment (2026-03-29): Please find attached Docs. Buyer Comment (2026-03-29): Please find attached the Security Instrument. Reviewer Comment (2026-03-27): On page [redacted] documents are related to hazard insurance and there is no Doc ID #[redacted]. Security Instrument - Subject Lien is missing in file. Exception remains. Buyer Comment (2026-03-25): Please refer Doc ID # [redacted] |
04/01/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | xx | xxx | xxx | D | B | D | B | A | A | N/A | No | ||||||||||||||
| xxx | 2187449 | xxx | XXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of ___ is less than Cash From Borrower ___. | Bank statement is not provided for Account No #[redacted]. | The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .[redacted]. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Debt Service Coverage Ratio: [redacted] Guideline Requirement: [redacted] Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
Originator,SitusAMC Originator,SitusAMC |
Reviewer Comment (2026-05-19): Waived with compensating factors per lender approved exception received in trailing documents. Buyer Comment (2026-05-17): Please find attached the revised exception. Reviewer Comment (2026-05-13): The additional parameters section of the approval contains incorrect information. There are $[redacted] verified funds in the file, per previous comments. Please provide updated approved exception reflecting it is approved for $[redacted] in verified assets in the file. Buyer Comment (2026-05-11): Please find attached the Exception Approval. Reviewer Comment (2026-04-02): File contains a $[redacted] EMD receipt reflecting it came from the same entity that signed the gift letter; therefore, it would be considered part of the $[redacted] in gift funds that the gift letter reflects. Further, the file does not contain evidence the $[redacted] in gift funds were wired to settlement agent at closing as the letter indicates. The bank statements provided are in [redacted] and not [redacted]. The $[redacted] in gift funds referenced on the letter are still not sufficient to meet the total asset requirement of $[redacted] required for closing. Reviewer Comment (2026-04-02): EXCEPTION HISTORY - Exception Explanation was updated on [redacted]/[redacted] PRIOR Exception Explanation: Documented qualifying Assets for Closing of $[redacted] is less than Cash From Borrower $[redacted]. Reviewer Comment (2026-04-01): The total cash required from the borrower is $[redacted], comprising $[redacted] cash from borrower + $[redacted] in earnest money deposit (EMD) + $[redacted] in POCB. The total available funds for closing include $[redacted] in gift funds and $[redacted] in sourced EMD, leaving a shortfall of $[redacted], which must be covered by additional verified assets. Exception Remains. Buyer Comment (2026-03-29): Please find attached the Docs. |
05/19/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | xx | xxx | xxx | D | B | D | B | A | A | N/A | No | ||||||||||
| xxx | 2187449 | xxx | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Assignment of Leases/Rents not provided | Assignment of Leases/Rents is missing in file. | Reviewer Comment (2026-04-01): Received Security Instrument for the subject lien. Exception Cleared. Buyer Comment (2026-03-29): Please find attached. |
04/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | D | B | D | B | A | A | N/A | No | ||||||||||||||
| xxx | 2187449 | xxx | XXXX | Credit | Investment Product | General Exception | Investment Product | Security Instrument Error: Assignment of Leases/Rents is not in the file and required by guidelines | - | Assignment of Leases/Rents is missing in file. | Reviewer Comment (2026-04-01): Received Security Instrument for the subject lien. Exception Cleared. Buyer Comment (2026-03-29): Please find attached. |
04/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | D | B | D | B | A | A | N/A | No | |||||||||||||
| xxx | 2187449 | xxx | XXXX | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided | Missing OFAC for business entity. | Reviewer Comment (2026-04-01): Received OFAC search for the borrowing entity. Exception Cleared. Buyer Comment (2026-03-30): Please find attached updated OFAC. Reviewer Comment (2026-03-27): The provided document is for [redacted] instead of [redacted]. Exception remains. Buyer Comment (2026-03-25): Please find attached the OFAC. |
04/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | D | B | D | B | A | A | N/A | No | ||||||||||||||
| xxx | 2187449 | xxx | XXXX | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Not signed by title agent. | Reviewer Comment (2026-04-29): Received final closing statement signed by all parties. Exception cleared. Buyer Comment (2026-04-27): Please find attached the final SS. Reviewer Comment (2026-03-27): Closing statement is missing signature by settlement agent. Provide a final HUD/Closing Statement signed by all parties or stamped true and certified by title agent. Exception remains. Buyer Comment (2026-03-25): Please refer Doc ID # [redacted] |
04/29/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | xx | xxx | xxx | D | B | D | B | A | A | N/A | No | ||||||||||||||
| xxx | 2187449 | xxx | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. | Investor overlay requires [redacted] months' reserves for subject transaction which are not present in the loan file. | The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .[redacted]. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Debt Service Coverage Ratio: [redacted] Guideline Requirement: [redacted] Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
Originator,SitusAMC Originator,SitusAMC |
Reviewer Comment (2026-04-07): Waived with compensating factors per lender direction. |
04/07/2026 | No | 2 | B | B | B | B | B | xx | xxx | xxx | D | B | D | B | A | A | N/A | No | |||||||||||||||
| xxx | 2187449 | xxx | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Source of Funds/Deposit not provided | File is missing evidence gift funds were wired to settlement agent at closing as indicated on the gift letter provided in the file. | The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .[redacted]. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Debt Service Coverage Ratio: [redacted] Guideline Requirement: [redacted] Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
Originator,SitusAMC Originator,SitusAMC |
Reviewer Comment (2026-05-19): Waived with compensating factors per lender approved exception received in trailing documents. Buyer Comment (2026-05-17): Please find attached the revised exception. Reviewer Comment (2026-05-13): The additional parameters section of the approval contains incorrect information. There are $[redacted] verified funds in the file, per previous comments. Please provide updated approved exception reflecting it is approved for $[redacted] in verified assets in the file. Buyer Comment (2026-05-11): Please find attached the Exception Approval. Reviewer Comment (2026-05-08): The provided wire confirmation is of $[redacted] however gift is of $[redacted]. Please provide source of gift fund. Exception remains. Buyer Comment (2026-05-06): Please see attached. |
05/19/2026 | No | 2 | B | B | B | B | B | xx | xxx | xxx | D | B | D | B | A | A | N/A | No | ||||||||||||||||
| xxx | 2194123 | xxx | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. | Borrower has been employed in the same industry for more than [redacted]years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted]years. Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted]. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-06-05): Lender exception approval in file |
06/05/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | xx | xxx | xxx | C | B | C | B | A | A | A | A | Non QM | Exempt from ATR | No | |||||||||
| xxx | 2194123 | xxx | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Appraisal provided is dated after Note date, initial appraisal used for Underwriting Review is required. | Reviewer Comment (2026-06-09): Received Appraisal Report. Exception Cleared Buyer Comment (2026-06-05): Appraisal |
06/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | B | C | B | A | A | A | A | Non QM | Exempt from ATR | No | |||||||||||
| xxx | 2192267 | xxx | XXXX | Credit | Documents | Missing Document | Documents | File does not contain documentation from lender/seller confirming the condo/co-op is warrantable. | - | HOA Questionnaire Document was not found in the loan file. | Reviewer Comment (2026-07-09): HOA Questionnaire is not required for [redacted][redacted] unit projects. Exception Cleared. Buyer Comment (2026-07-07): Per guidelines, Project Review is not required for [redacted][redacted] unit projects. |
07/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | A | C | A | A | A | N/A | No | |||||||||||||
| xxx | 2203819 | xxx | XXXX | Compliance | Compliance | Federal Compliance | TRID | TRID [redacted] Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: [redacted] Percent Fee Tolerance exceeded. Total amount of $[redacted]exceeds tolerance of $[redacted]plus [redacted]or $[redacted]. Sufficient or excess cure was provided to the borrower at Closing. | [redacted] Percent Fee Tolerance exceeded. Total amount of $[redacted]exceeds tolerance of $[redacted]plus [redacted]% or $[redacted]. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-08-05): Sufficient Cure Provided At Closing |
08/05/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | xx | xxx | xxx | Final CD evidences Cure | C | B | C | B | A | A | A | A | Non QM | Non QM | No | |||||||||
| xxx | 2203819 | xxx | XXXX | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Representative FICO score of ___ is less than Guideline representative FICO score of ___. | FICO score of [redacted]is less than Guideline requirement FICO score of [redacted]. | Borrower has been employed in the same industry for more than [redacted]years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted]years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted]months. Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted]. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. |
Borrower has been employed in the same industry for more than [redacted]years. Documentation Type: [redacted]Full Doc Disposable Income: $[redacted] Borrower has worked in the same position for more than [redacted]years. Reserves: [redacted] Guideline Requirement: [redacted] Borrower's Own Funds Percent: [redacted]% Borrower's Own Funds Amount: $[redacted] DTI: [redacted]% Guideline Maximum DTI: [redacted]% |
Aggregator,SitusAMC Aggregator,SitusAMC Aggregator,SitusAMC Aggregator,SitusAMC Aggregator,SitusAMC Aggregator,SitusAMC |
Reviewer Comment (2026-08-19): Lender Exception with Compensating Factors provided. Buyer Comment (2026-08-17): Pls advise why the exception was not accepted. Reviewer Comment (2026-08-17): Guides used were Non-Agency Advantage Buyer Comment (2026-08-13): see attached Reviewer Comment (2026-08-12): LTV is [redacted]% therefore per guides the FICO is min of [redacted] Buyer Comment (2026-08-10): Please see the attached [redacted] Product Matrix. If you go to Page [redacted] , you will see the Non-Agency Advantage that is used for this loan. The FICO score is [redacted]+, so [redacted] is acceptable. The CLTV is [redacted] , and [redacted]is the Max. This is a Purchase for the Primary Residence at a loan amount of $[redacted] , up to $[redacted] is allowed. |
08/19/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | xx | xxx | xxx | C | B | C | B | A | A | A | A | Non QM | Non QM | No | |||||||
| xxx | 2203820 | xxx | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Employer Identification Number (EIN) not provided | The file was missing a copy of the Employer Identification Number (EIN). | Reviewer Comment (2026-08-21): Document provided [redacted] Buyer Comment (2026-08-19): see attached |
08/21/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2210696 | xxx | XXXX | Property | Guideline | Guideline Issue | Guideline | A Desk Review was not obtained, as required per guidelines. | Reviewer Comment (2026-08-10): Document provided Seller Comment (2026-08-06): CVA |
08/10/2026 | No | 1 | A | A | A | A | A | xx | xxx | xxx | A | A | A | A | A | A | N/A | No | ||||||||||||||||||||
| xxx | 2210694 | xxx | XXXX | Property | Guideline | Guideline Issue | Guideline | A Desk Review was not obtained, as required per guidelines. | Reviewer Comment (2026-08-10): Document provided Seller Comment (2026-08-06): CVA |
08/10/2026 | No | 1 | A | A | A | A | A | xx | xxx | xxx | A | A | A | A | A | A | N/A | No | ||||||||||||||||||||
| xxx | 2210695 | xxx | XXXX | Property | Guideline | Guideline Issue | Guideline | A Desk Review was not obtained, as required per guidelines. | Reviewer Comment (2026-08-10): Document provided Seller Comment (2026-08-06): CVA |
08/10/2026 | No | 1 | A | A | A | A | A | xx | xxx | xxx | A | A | A | A | A | A | N/A | No | ||||||||||||||||||||
| xxx | 2210701 | xxx | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | A gap credit report provided within [redacted]days of closing is missing from file. | Reviewer Comment (2026-06-05): Document provided Buyer Comment (2026-06-03): Credit refresh dated[redacted] Buyer Comment (2026-06-03): Credit refresh dated [redacted] |
06/05/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| xxx | 2210697 | xxx | XXXX | Credit | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal not provided | The file was missing the Appraisal. | Reviewer Comment (2026-08-21): Received appraisal Buyer Comment (2026-08-21): appraisal cda |
08/21/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | xx | xxx | xxx | D | A | D | A | A | A | D | A | Non QM | Non QM | No | |||||||||||
| xxx | 2210697 | xxx | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Desk Review not provided | The file was missing the Desk Review. | Reviewer Comment (2026-08-21): Received desk review. Buyer Comment (2026-08-21): uploaded with appraisal document |
08/21/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | D | A | D | A | A | A | D | A | Non QM | Non QM | No | |||||||||||
| xxx | 2210697 | xxx | XXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | The file was missing the Credit Report - Gap. | Reviewer Comment (2026-08-28): Received gap. Cleared. Buyer Comment (2026-08-26): see attached |
08/28/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | xx | xxx | xxx | D | A | D | A | A | A | D | A | Non QM | Non QM | No | |||||||||||
| xxx | 2210697 | xxx | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected. | The subject property is located in a FEMA disaster area that does not have a declared end date. The appraisal was performed after the FEMA declaration start date but prior to the declared end date. | Reviewer Comment (2026-08-21): Cleared. Received appraisal Buyer Comment (2026-08-21): Appraisal was just completed on [redacted] do we need to worry about flood if it don't show on the report if this occurred in [redacted]? |
08/21/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | D | A | D | A | A | A | D | A | Non QM | Non QM | No | |||||||||||
| xxx | 2210697 | xxx | XXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal is missing. Sec ID: [redacted] | Reviewer Comment (2026-08-21): Received appraisal Buyer Comment (2026-08-21): appraisal uploaded, please clear |
08/21/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | xx | xxx | xxx | D | A | D | A | A | A | D | A | Non QM | Non QM | No | ||||||||||||
| xxx | 2210697 | xxx | XXXX | Property | Property - Appraisal | Appraisal Reconciliation | Property - Appraisal | Appraisal is required to be in name of Lender | - | Per guidleing, Transferred appraisals require a transfer letter. | Reviewer Comment (2026-08-28): Not a transferred appraisal. Correspondent loan. Buyer Comment (2026-08-26): This is a correspondent loan |
08/28/2026 | No | 1 | A | A | A | A | A | xx | xxx | xxx | D | A | D | A | A | A | D | A | Non QM | Non QM | No | |||||||||||||||
| xxx | 2210699 | xxx | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID [redacted] Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: [redacted] Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $[redacted] exceeds tolerance of $[redacted] . $[redacted]over legal limit. Insufficient or no cure was provided to the borrower. | Insufficient or no cure provided at closing. Valid COC not provided for change in the Loan Discount fee. | Reviewer Comment (2026-08-31): [redacted] received a valid COC. Buyer Comment (2026-08-28): see attached |
08/31/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | A | A | C | A | A | A | Non QM | Non QM | No | |||||||||
| xxx | 2216707 | xxx | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Desk Review document is required as per the [redacted]Non-Agency guidelines. | Reviewer Comment (2026-08-11): Received required documentation. Condition cleared. Seller Comment (2026-08-07): See attached CDA |
08/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | A | C | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| xxx | 2216707 | xxx | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Gap Credit Report provided within [redacted] days of closing is missing from file. | Reviewer Comment (2026-08-06): Document provided Seller Comment (2026-08-04): See pre-close report. |
08/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | A | C | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| xxx | 2216715 | xxx | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | File is missing the copy of Credit Report - Gap. | Reviewer Comment (2026-08-06): Cleared. Received gap credit report. Seller Comment (2026-08-04): Please see the attached Pre-Close Credit Report. Thank you. |
08/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| xxx | 2216715 | xxx | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Desk Review not provided | Desk Review is required on all loans to support the appraisal value for the transaction. | Reviewer Comment (2026-08-21): Received required documentation. Condition cleared. Seller Comment (2026-08-19): Attached is the CDA |
08/21/2026 | No | 1 | A | A | A | A | A | xx | xxx | xxx | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||||||
| xxx | 2216708 | xxx | XXXX | Credit | Property - Appraisal | General Appraisal Requirements | Property - Appraisal | Valuation Error: Neighborhood/project name not provided. | - | Buyer Comment (2026-08-25): please waive the appraisal shows the neighborhood project name |
08/25/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | xx | xxx | xxx | B | B | B | B | A | A | A | A | Non QM | Non QM | No | |||||||||||
| xxx | 2216709 | xxx | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Desk Review not provided | Desk Review is required on all loans to support the appraisal value for the transaction. | Reviewer Comment (2026-08-21): Received required documentation. Condition cleared. Seller Comment (2026-08-19): See attached CDA |
08/21/2026 | No | 1 | A | A | A | A | A | xx | xxx | xxx | A | A | A | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||||||
| xxx | 2216712 | xxx | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Desk Review not provided | Per guidelines, a desk review is required however it is not located in the file. | Reviewer Comment (2026-08-21): Received CDA. Cleared. Seller Comment (2026-08-19): CDA attached |
08/21/2026 | No | 1 | A | A | A | A | A | xx | xxx | xxx | A | A | A | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||||||
| xxx | 2216710 | xxx | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Desk Review not provided | Desk Review is required to support the appraisal value for the transaction. | Reviewer Comment (2026-08-11): Received required documentation. Condition cleared. Seller Comment (2026-08-07): Please see the attached CDA. Thank you. |
08/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| xxx | 2216713 | xxx | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | File is missing a Gap credit report dated within [redacted] of closing. | Reviewer Comment (2026-08-10): Received. Cleared. Seller Comment (2026-08-06): Gap Credit Report attached |
08/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | B | C | B | A | A | A | A | Non QM | Non QM | No | |||||||||||
| xxx | 2216713 | xxx | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception approval for LOE for NSFs and receiving Gift of equity on subject property | Borrower has been employed in the same industry for more than [redacted]years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted]years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted]months. Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted]. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least [redacted]points. |
Reserves: [redacted] Guideline Requirement: [redacted] Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
SitusAMC SitusAMC SitusAMC Aggregator,SitusAMC SitusAMC SitusAMC Aggregator,SitusAMC |
Reviewer Comment (2026-08-03): Client elects to waive with compensating factors. |
08/03/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | xx | xxx | xxx | C | B | C | B | A | A | A | A | Non QM | Non QM | No | ||||||||
| xxx | 2216704 | xxx | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID [redacted] Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: [redacted] Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $[redacted]exceeds tolerance of $[redacted] over legal limit. Insufficient or no cure was provided to the borrower. | [redacted]Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $[redacted]exceeds tolerance of $[redacted] over legal limit. Insufficient or no cure was provided to the borrower. | Reviewer Comment (2026-08-20): [redacted] received valid COC document Buyer Comment (2026-08-19): Please see attached |
08/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | D | A | D | A | C | A | A | A | Non QM | Non QM | No | |||||||||
| xxx | 2216704 | xxx | XXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Rate Lock document provided was not dated as required. | Reviewer Comment (2026-08-21): Cleared. Received rate lock Buyer Comment (2026-08-19): Please see attached |
08/21/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | xx | xxx | xxx | D | A | D | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| xxx | 2216704 | xxx | XXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Asset not provided | Please provide source of funds for additional $[redacted]earnest money (total $[redacted]). | Reviewer Comment (2026-08-28): Unable to clear. The borrower's source of funds for each of the deposits noted on the receipt dococument is required. Buyer Comment (2026-08-26): Please see attached Reviewer Comment (2026-08-25): The final CD provided reflects a total EMD of $[redacted] . The file has evidence of the [redacted] $[redacted] and $[redacted] deposits. To equal the total EMD, an additional $[redacted] deposit should have been provided. Evidence of this is missing. Buyer Comment (2026-08-24): Please see attached CD with no $[redacted] EMD. Reviewer Comment (2026-08-21): Received duplicate bank statement with proof of $[redacted] earnest money deposit on [redacted]. Additional $[redacted] has been verified. Proof of total $[redacted] earnest money deposit that is noted on the CD is not located in the file. Buyer Comment (2026-08-19): See uploaded document |
08/28/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | D | A | D | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| xxx | 2216704 | xxx | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Please provide source of funds for additional $[redacted]earnest money (total $[redacted]). | Reviewer Comment (2026-09-03): Cleared. Received source of funds for EMD. Buyer Comment (2026-09-02): Please see [redacted] Buyer Comment (2026-09-02): Please see [redacted] statement Buyer Comment (2026-09-02): Please see [redacted]statement Reviewer Comment (2026-09-02): Please provided source of EMD noted on the title company receipt for $[redacted]on [redacted] Buyer Comment (2026-09-01): Please see attached Reviewer Comment (2026-08-28): The borrowers bank statements provided do not reflect any of the wires that are noted on the title company receipt provided. Buyer Comment (2026-08-28): Please specify which deposits you need sourced. Reviewer Comment (2026-08-28): The borrower's source of funds for each of the deposits noted on the receipt dococument is required. Buyer Comment (2026-08-26): Please see previous upload Reviewer Comment (2026-08-25): The final CD provided reflects a total EMD of $[redacted]. The file has evidence of the [redacted]$[redacted] and $[redacted]deposits. To equal the total EMD, an additional $[redacted]deposit should have been provided. Evidence of this is missing. Buyer Comment (2026-08-24): Please see the previous upload Reviewer Comment (2026-08-21): Received duplicate bank statement with proof of $[redacted]earnest money deposit on [redacted]. Additional $[redacted]has been verified. Proof of total $[redacted]earnest money deposit that is noted on the CD is not located in the file. Buyer Comment (2026-08-19): Please see the uploaded document Buyer Comment (2026-08-19): Please see attached |
09/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | D | A | D | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| xxx | 2216704 | xxx | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | General Ability to Repay Provision: Loan does not meet [redacted]or more guideline components which could impact the borrower's ability to repay. | Waterfall due to reserve shortage. Please provide source of funds for additional $[redacted]earnest money (total $[redacted]). | Reviewer Comment (2026-09-03): Received source of EMD. Buyer Comment (2026-09-02): Please see previous upload Reviewer Comment (2026-09-02): Please provided source of EMD noted on the title company receipt for $[redacted]. Buyer Comment (2026-09-01): Please disregard the [redacted]statement Reviewer Comment (2026-08-28): Waterfall exception due to unsource EMD. The borrowers bank statements provided do not reflect any of the wires that are noted on the title company receipt provided. Buyer Comment (2026-08-28): Please specify which deposits you need sourced. Reviewer Comment (2026-08-28): The borrower's source of funds for each of the deposits noted on the receipt dococument is required. Buyer Comment (2026-08-26): Please see previous upload Reviewer Comment (2026-08-25): The final CD provided reflects a total EMD of $[redacted]. The file has evidence of the [redacted]deposits. To equal the total EMD, an additional $[redacted]deposit should have been provided. Evidence of this is missing. Buyer Comment (2026-08-24): Please see attached Reviewer Comment (2026-08-21): Received duplicate bank statement with proof of $[redacted]earnest money deposit on [redacted]. Additional $[redacted]has been verified. Proof of total $[redacted]earnest money deposit that is noted on the CD is not located in the file. Buyer Comment (2026-08-19): Please see uploaded document |
09/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | D | A | D | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| xxx | 2216704 | xxx | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Reviewer Comment (2026-09-03): Received source of EMD. Buyer Comment (2026-09-02): Please see previous upload. Reviewer Comment (2026-09-02): Please provided source of EMD noted on the title company receipt for $[redacted] Buyer Comment (2026-09-01): Please disregard the [redacted] statement Reviewer Comment (2026-08-28): Waterfall exception due to unsource EMD. The borrowers bank statements provided do not reflect any of the wires that are noted on the title company receipt provided. Buyer Comment (2026-08-28): Please specify which deposits you need sourced. Reviewer Comment (2026-08-28): The borrower's source of funds for each of the deposits noted on the receipt dococument is required. Buyer Comment (2026-08-27): This is a non-QM file. Please clear. |
09/03/2026 | No | 1 | A | A | A | A | A | xx | xxx | xxx | Lender to provide updated ATR/QM Loan Designation | D | A | D | A | C | A | A | A | Non QM | Non QM | No | |||||||||||||||
| xxx | 2216714 | xxx | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Account Statements - Business not provided | Please provide the latest bank statements for [redacted] for the period of [redacted]. | Reviewer Comment (2026-08-27): Documents provided Buyer Comment (2026-08-27): see attached |
08/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | D | A | D | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| xxx | 2216714 | xxx | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Purchase Agreement / Sales Contract not provided | Reviewer Comment (2026-08-27): Documents provided Buyer Comment (2026-08-26): [redacted] |
08/27/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | xx | xxx | xxx | D | A | D | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| xxx | 2216714 | xxx | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Rate Lock Document is not provided in the file. | Reviewer Comment (2026-08-27): Documents provided Buyer Comment (2026-08-26): lock conf |
08/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | D | A | D | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| xxx | 2216714 | xxx | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Verified reserves of [redacted]is less than Guideline required reserves of [redacted]months.Closing Statement/Seller Closing Disclosure for sold property: [redacted]property is not available in the file. | Reviewer Comment (2026-08-27): Document provided Reviewer Comment (2026-08-27): EXCEPTION HISTORY - Exception Explanation was updated on [redacted] PRIOR Exception Explanation: Calculated PITIA months reserves of [redacted]is less than Guideline PITIA months reserves of [redacted]. Buyer Comment (2026-08-26): HUD |
08/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | D | A | D | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| xxx | 2216714 | xxx | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. | Please provide the latest bank statements for [redacted] for the period of [redacted] | Reviewer Comment (2026-08-27): Documents provided Buyer Comment (2026-08-27): see attached |
08/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | D | A | D | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| xxx | 2216714 | xxx | XXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Verified reserves of [redacted]is less than Guideline required reserves of [redacted]months.Closing Statement/Seller Closing Disclosure for sold property: [redacted] property is not available in the file. | Reviewer Comment (2026-08-27): Document provided Reviewer Comment (2026-08-27): EXCEPTION HISTORY - Exception Explanation was updated on [redacted] PRIOR Exception Explanation: Documented qualifying Assets for Closing of $[redacted]is less than Cash From Borrower $[redacted]. |
08/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | D | A | D | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| xxx | 2216714 | xxx | XXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - | Please provide the latest bank statements for [redacted] for the period of [redacted] | Reviewer Comment (2026-08-27): Documents provided Buyer Comment (2026-08-27): see attached |
08/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | D | A | D | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| xxx | 2216714 | xxx | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - QM | Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail. | Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail. | Reviewer Comment (2026-09-01): Updated document Buyer Comment (2026-08-31): see attached Reviewer Comment (2026-08-28): Yes. The source of funds for EMD is required to satisfy ATR requirements. [redacted] does not tie to the $[redacted]EMD. Buyer Comment (2026-08-27): Is this condition necessary? |
09/01/2026 | No | 1 | B | A | C | A | B | A | C | A | B | A | xx | xxx | xxx | Lender to provide updated ATR/QM status | D | A | D | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||
| xxx | 2216714 | xxx | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General QM - Bank Statement Guidelines Number of Bank Statements Requirement not met | General QM: The number of bank statements provided for borrower's bank statement income was less than the number required by guidelines. | Latest bank statements for [redacted] for the period of [redacted] are missing. | Reviewer Comment (2026-08-27): Documents provided Buyer Comment (2026-08-27): see attached |
08/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | D | A | D | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| xxx | 2216714 | xxx | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | General QM Provision: Loan does not meet [redacted]or more guideline components which could impact the borrower's ability to repay. | Loan does not meet one or more guideline components, which could impact the borrower's ability to repay. | Reviewer Comment (2026-08-27): Document provided Buyer Comment (2026-08-27): see attached |
08/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | D | A | D | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| xxx | 2216714 | xxx | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income/Asset Guideline Deficiency - QM Impact | General QM: There are [redacted]or more guideline deficiencies related to income and/or asset doc requirements which may impact the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.) | Waterfall exception related to the funds to close shortage, reserve shortage, and income documentation deficiency. | Reviewer Comment (2026-08-27): Documents provided |
08/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | D | A | D | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| xxx | 2216714 | xxx | XXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General QM Provision Income and Assets - Assets | General QM: Unable to verify assets using reasonably reliable third-party records. | Reviewer Comment (2026-09-01): Updated document Buyer Comment (2026-08-31): see attached Reviewer Comment (2026-08-28): [redacted] does not tie to the $[redacted]EMD. Buyer Comment (2026-08-27): The EMD came out of account [redacted] |
09/01/2026 | No | 1 | A | A | A | A | A | xx | xxx | xxx | D | A | D | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||||
| xxx | 2216705 | xxx | XXXX | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) | TILA HPML Appraisal Rule (Dodd-Frank 2014): Creditor did not provide a copy of revised valuation to applicant [redacted] business days prior to consummation. Revised valuation reflects clerical change only, no impact to compliant HPML determination. | The creditor did not provide a copy of the Revised Valuation to the applicant [redacted] business days prior to consummation. The Revised Valuation reflects a clerical change only, with no impact on the compliant HPML determination. | Reviewer Comment (2026-09-17): Received required documentation. Condition cleared. Buyer Comment (2026-09-15): see attached |
09/17/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | xx | xxx | xxx | D | A | D | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| xxx | 2216705 | xxx | XXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID [redacted] Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: [redacted]Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $[redacted]exceeds tolerance of $[redacted] over legal limit. Insufficient or no cure was provided to the borrower. | [redacted] Percent Fee Tolerance was exceeded for Loan Discount Points. The Fee Amount of $[redacted]exceeds the tolerance of $[redacted], resulting in $[redacted]over the legal limit. Insufficient or no cure was provided to the borrower. | Reviewer Comment (2026-09-16): [redacted]received a valid COC. Buyer Comment (2026-09-15): see attached |
09/16/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | D | A | D | A | C | A | A | A | Non QM | Non QM | No | |||||||||
| xxx | 2216705 | xxx | XXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Rate Lock Document provided not dated. | Reviewer Comment (2026-09-17): Received required documentation. Condition cleared. Buyer Comment (2026-09-15): see attached |
09/17/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | xx | xxx | xxx | D | A | D | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| xxx | 2213795 | xxx | XXXX | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2026-07-14): Received final Title policy. Exception cleared. |
07/14/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | xx | xxx | xxx | D | A | D | A | A | A | N/A | No | |||||||||||||||
| xxx | 2213795 | xxx | XXXX | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided | Security Instrument - Subject Lien is missing. | Reviewer Comment (2026-07-27): Received security instrument for the subject transaction. Exception cleared. Buyer Comment (2026-07-23): Corrected Deed of Trust attached. |
07/27/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | xx | xxx | xxx | D | A | D | A | A | A | N/A | No | ||||||||||||||
| xxx | 2213795 | xxx | XXXX | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Title Error: Title vesting does not concur with deed | Title commitment reflects property is currently vested in an LLC; however subject loan closed in individual name. Provide deed signed at closing transferring ownership to our borrower or final title reflecting property vested in our borrower's individual name. | Reviewer Comment (2026-07-27): Received corrected Note with business entity name on signature page. Exception cleared. Buyer Comment (2026-07-23): Corrected Note reflecting LLC on signature page attached. Reviewer Comment (2026-07-14): Received final title reflecting the property is vested in the LLC; however, the note is signed by an individual. Provide a note confirming the LLC name on the signature page. Exception Remains. Buyer Comment (2026-07-10): The loan closed in the name of the LLC, [redacted]. Final Title Policy attached. |
07/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | D | A | D | A | A | A | N/A | No | ||||||||||||||
| xxx | 2213796 | xxx | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender Exception in file approving [redacted] units are owned by a single entity. | The representative FICO score exceeds the guideline minimum by at least [redacted]points. | Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
SitusAMC | Reviewer Comment (2026-07-10): Waived with compensating factors per lender exception approval at origination. |
07/10/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | xx | xxx | xxx | B | B | B | B | A | A | N/A | No | |||||||||||
| xxx | 2213777 | xxx | XXXX | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Provide the borrower's final Closing Statement fully executed by all parties or stamped true and certified. Copy provided is an estimated closing statement. | Reviewer Comment (2026-07-20): Received fully executed Final Closing Statement. Exception cleared. Buyer Comment (2026-07-16): See attached |
07/20/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | xx | xxx | xxx | D | B | D | B | A | A | N/A | No | ||||||||||||||
| xxx | 2213777 | xxx | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception provided approving the square footage of the subject property at [redacted]square feet and minimum square footage allowed for single family residence is [redacted]. | The representative FICO score exceeds the guideline minimum by at least [redacted]points. | Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
Originator Pre-Close,SitusAMC | Reviewer Comment (2026-07-15): Waived with compensating factors per lender exception approval at origination. |
07/15/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | xx | xxx | xxx | D | B | D | B | A | A | N/A | No | |||||||||||
| xxx | 2213848 | xxx | XXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided | Fraud report is missing in the file. | Reviewer Comment (2026-08-17): Received Fraud Report. Exception Cleared. Buyer Comment (2026-08-13): LoanSafe Fraud report attached |
08/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2213848 | xxx | XXXX | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided | OFAC is missing in the file. Required for all parties including the borrowing entity. | Reviewer Comment (2026-08-17): Received Fraud Report with OFAC. Exception Cleared. |
08/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2213848 | xxx | XXXX | Credit | Credit | Credit Documentation | Credit | OFAC was not checked and required per guidelines. | - | OFAC report is not provided for both borrowers. Kindly provide OFAC report for [redacted] | Reviewer Comment (2026-08-17): Received Fraud Report with OFAC. Exception Cleared. |
08/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | A | C | A | A | A | N/A | No | |||||||||||||
| xxx | 2213848 | xxx | XXXX | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | - | Fraud report is missing for [redacted]. Kindly provide the fraud report. | Reviewer Comment (2026-08-17): Received Fraud Report. Exception Cleared. |
08/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | A | C | A | A | A | N/A | No | |||||||||||||
| xxx | 2213848 | xxx | XXXX | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | - | Fraud report is missing for [redacted]. Kindly provide the fraud report. | Reviewer Comment (2026-08-17): Received Fraud Report. Exception Cleared. |
08/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | A | C | A | A | A | N/A | No | |||||||||||||
| xxx | 2213782 | xxx | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided | Reviewer Comment (2026-08-20): Operating Agreement. Buyer Comment (2026-08-18): OA |
08/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | A | C | A | A | A | N/A | No | |||||||||||||||
| xxx | 2213782 | xxx | XXXX | Credit | Documents | Missing Document | Documents | File does not contain documentation from lender/seller confirming the condo/co-op is warrantable. | - | Reviewer Comment (2026-08-18): Received condo project review questionnaire. Exception cleared. Buyer Comment (2026-08-14): project review |
08/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2213782 | xxx | XXXX | Credit | Loan Package Documentation | Closing / Title | Title | Title: Evidence of title is missing | The document provided is a [redacted] policy which does not meet requirements. Provide title commitment or final title policy for subject transaction. | Reviewer Comment (2026-08-27): Received final title policy. Exception cleared Buyer Comment (2026-08-25): Final Title Reviewer Comment (2026-08-18): Title provided is a proforma policy. Provide title commitment or final title policy for subject transaction. Exception remains Buyer Comment (2026-08-14): title |
08/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2213782 | xxx | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Issue: Refinance seasoning requirements not met | Pro form policy and deed in file reflect property was transferred into our borrowing entity's name at closing; however, loan was approved as a cash-out refinance. Please provide evidence our guarantor/borrowing entity had an ownership interest in the property prior to subject loan transaction. | Reviewer Comment (2026-08-25): Ownership confirmed through the operating agreement. Exception Cleared. Buyer Comment (2026-08-21): please clear exception. Reviewer Comment (2026-08-20): Ownership confirmed through the Operating Agreements. Buyer Comment (2026-08-18): [redacted]operating agreement for [redacted] Operating agreement for [redacted] operating agreement for XXXX, Reviewer Comment (2026-08-18): Received operating agreement does not confirm ownership percent of the guarantor/borrowing entity. Exception remains Buyer Comment (2026-08-14): proof of ownership Buyer Comment (2026-08-14): chain of title |
08/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2213782 | xxx | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: HOA Questionnaire not provided | File is missing HOA questoinnaire. | Reviewer Comment (2026-08-18): Received HOA Questionnaire. Exception cleared. Buyer Comment (2026-08-14): condo questionnaire |
08/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2213782 | xxx | XXXX | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Legal / Regulatory / Compliance | Final Title Policy is missing. No evidence of title in file. | Proforma policy provided; however, a title commitment or full final title policy is required. | Reviewer Comment (2026-08-27): Received final title policy. Exception cleared |
08/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2213787 | xxx | XXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | File is missing [redacted]-month primary housing history for co-borrower. | Reviewer Comment (2026-09-14): Received lease agreement reflecting both borrowers as tenants at primary residence listed on credit application. Buyer Comment (2026-09-10): lease agreement reports both Borrowers. Reviewer Comment (2026-08-26): VOM and bank statement provided for borrower. File is missing [redacted] primary housing history for co-borrower. Exception remains Buyer Comment (2026-08-24): [redacted] housing history |
09/14/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2213787 | xxx | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 | Signed credit application not provided for [redacted]. | Reviewer Comment (2026-09-04): Received signed credit application for [redacted]. Exception cleared Buyer Comment (2026-09-02): commercial app |
09/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2213845 | xxx | XXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Reviewer Comment (2026-08-25): Received CTC Approval for the Subject Loan. Exception cleared. Buyer Comment (2026-08-21): Uploaded CTC. |
08/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | A | C | A | A | A | N/A | No | |||||||||||||||
| xxx | 2213790 | xxx | XXXX | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | HUD/CS provided is not signed by the title agent. | Reviewer Comment (2026-08-31): Final HUD executed provided, exception cleared. Buyer Comment (2026-08-28): Please see fully executed HUD attached. Thank you. |
08/31/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | xx | xxx | xxx | D | A | D | A | A | A | N/A | No | ||||||||||||||
| xxx | 2213812 | xxx | XXXX | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Estimate provided | Reviewer Comment (2026-08-31): Received Final Closing Statement. Exception Cleared Buyer Comment (2026-08-27): Final SS |
08/31/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | xx | xxx | xxx | D | A | D | A | A | A | N/A | No | ||||||||||||||
| xxx | 2213815 | xxx | XXXX | Credit | Credit | Credit Documentation | Credit | OFAC was not provided and is required. | Missing OFAC for the borrowing entity. | Reviewer Comment (2026-08-28): OFAC is provided as required. Exception cleared. Buyer Comment (2026-08-26): Please see clear OFAC attached. Thank you. |
08/28/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2213815 | xxx | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Borrower lived rent-free until [redacted] and is a [redacted]-time investor, does not have a [redacted]-month housing history. This is not permitted per guidelines. | Reviewer Comment (2026-08-28): Credit report supplement is provided as required. Exception cleared. Buyer Comment (2026-08-26): Please see attached Borrower not a [redacted]-time investor. Thank you. Buyer Comment (2026-08-26): Please see attached. |
08/28/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2213828 | xxx | XXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | File is short; verified funds to closing. File is missing source of earnest deposit. | Reviewer Comment (2026-09-04): Gift funds. Buyer Comment (2026-09-02): Borrower paid EMD $[redacted]through gift funds for which wire transfer confirmation [redacted]already provided. We do not need to provide bank statement as borrower used [redacted]% gift funds. Reviewer Comment (2026-09-01): Provide bank statement showing evidence of the $[redacted]EMD being sent to tile company. Buyer Comment (2026-08-28): Please find attached escrow wire transfer confirmation. Reviewer Comment (2026-08-28): Received gift letter. Please provide evidence of the gift in the form of a certified check, cashier's check, official bank check, or wire transfer confirmation. Exception Remains. Buyer Comment (2026-08-26): Please find attached gift letter and escrow receipt for deposit of $[redacted]. |
09/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2213835 | xxx | XXXX | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Provide a final Closing Statement fully executed by all parties or stamped true and certified. Copy provided is an estimated closing statement. | Reviewer Comment (2026-08-31): Received certified copy of final closing statement. Exception cleared. Buyer Comment (2026-08-27): Please see attached HUD. Thank you. |
08/31/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | xx | xxx | xxx | D | A | D | A | A | A | N/A | No | ||||||||||||||
| xxx | 2213818 | xxx | XXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | Borrower lives rent free with other than a spouse and has no verifiable housing history. This is not permitted per guidelines. | The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .[redacted]. | Debt Service Coverage Ratio: [redacted] Guideline Requirement: [redacted] |
Originator,SitusAMC | Reviewer Comment (2026-09-01): Waived with compensating factors per lender exception approval. Buyer Comment (2026-08-28): exception |
09/01/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | xx | xxx | xxx | C | B | C | B | A | A | N/A | No | |||||||||||
| xxx | 2213818 | xxx | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided | Provide evidence of signing authority for the borrowing entity. Document is required to be signed by all entity owners. | Reviewer Comment (2026-08-31): Received corporate resolution signed by all parties. Exception cleared. Buyer Comment (2026-08-27): signing authority |
08/31/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | B | C | B | A | A | N/A | No | ||||||||||||||
| xxx | 2213811 | xxx | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | The Certificate of Non-Owner Occupied does not show the borrower(s) at an address different than the subject and thus casts doubt on the business purpose of the loan. | The signed copy of the Certificate of Non-Owner Occupied does not show the borrower's principal address. | Reviewer Comment (2026-08-31): Updated cert provided, exception cleared. Buyer Comment (2026-08-28): Non-Owner |
08/31/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2207152 | xxx | XXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | For the primary residence of borrower [redacted], provide either a [redacted]-month pay history or a property report or other documentation verifying it is owned free and clear with taxes paid currently. | Reviewer Comment (2026-09-02): Evidence borrower [redacted] owns primary free and clear received. Buyer Comment (2026-09-02): Evidence of no liens uploaded. Reviewer Comment (2026-08-25): Received translated document has information of property description, assessment and transfer record. Require mortgage lien record of the property. Exception remains. Buyer Comment (2026-08-21): Uploaded translated proof of ownership. Reviewer Comment (2026-08-19): Documents provided have not been translated to English, as required by guidelines. Please provide translated documents for review. Reviewer Comment (2026-08-17): Received tax certificate showing taxes are paid. Provided property report does not show property in the borrower's name. Exception remains Buyer Comment (2026-08-13): Evidence taxes paid and property report uploaded. |
09/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | B | C | B | A | A | N/A | No | ||||||||||||||
| xxx | 2207152 | xxx | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Total cash-out discrepancy. | HUD-1 total cash-out of ___ is greater than Guideline total cash-out of ___. | Lender Exception provided approving cash back to borrower in an amount exceeding the maximum allowed per guidelines. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted]months. The representative FICO score exceeds the guideline minimum by at least [redacted]points. |
Reserves: [redacted] Guideline Requirement: [redacted] Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
SitusAMC SitusAMC |
Reviewer Comment (2026-07-07): Waived with compensating factors per lender exception approval. |
07/07/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | xx | xxx | xxx | C | B | C | B | A | A | N/A | No | ||||||||||
| xxx | 2207152 | xxx | XXXX | Credit | Guideline | Guideline Issue | Guideline | Ineligible borrower per guidelines. | Co-borrower lives rent free with someone other than a spouse, which is not permitted per guidelines. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted]months. The representative FICO score exceeds the guideline minimum by at least [redacted]points. |
Reserves: [redacted] Guideline Requirement: [redacted] Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
SitusAMC SitusAMC |
Reviewer Comment (2026-08-19): Waived with compensating factors per lender direction. |
08/19/2026 | No | 2 | B | B | B | B | B | xx | xxx | xxx | C | B | C | B | A | A | N/A | No | ||||||||||||||||
| xxx | 2207158 | xxx | XXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | File is missing bank statements for [redacted], which was used to qualify per Final 1003 and Federal Loan Wire. | Reviewer Comment (2026-09-09): Received Bank Statement from [redacted] $[redacted]to cover sufficient funds for Closing. Exception cleared. Buyer Comment (2026-09-08): Please see [redacted]acct #[redacted] statements attached. Thank you. |
09/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | B | C | B | A | A | N/A | No | ||||||||||||||
| xxx | 2207158 | xxx | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided | Provide evidence of signing authority for the borrowing entity. Must be signed by all entity owners. | Reviewer Comment (2026-08-27): Received Corporate resolution. Exception cleared. Buyer Comment (2026-08-25): See attached. Buyer Comment (2026-08-25): Please see attached. Buyer Comment (2026-08-25): Please see attached. Thank you. Reviewer Comment (2026-08-21): Document [redacted] is what is required but it is not signed. Buyer Comment (2026-08-19): Please see attached. Thank you. Buyer Comment (2026-08-19): The file contains a fully executed Borrowing Resolution specifically authorizing the subject transaction. The resolution was executed by both [redacted] and [redacted] on behalf of[redacted], providing evidence that the applicable entity owners approved the borrowing transaction and authorized execution of the loan documents. |
08/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | B | C | B | A | A | N/A | No | ||||||||||||||
| xxx | 2207158 | xxx | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender guidelines: [redacted] units: minimum [redacted]square feet per individual units. [redacted], which is less than the [redacted]Sq ft minimum required by guidelines. An approved lender exception is in the loan file. Lender guidelines: [redacted] units: minimum [redacted]square feet per individual units. [redacted], which is less than the [redacted]Sq ft minimum required by guidelines. |
The representative FICO score exceeds the guideline minimum by at least [redacted] points. | Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
Originator Pre-Close,SitusAMC | Reviewer Comment (2026-09-09): Waived with compensating factors per lender exception approval at origination. |
09/09/2026 | No | 2 | B | B | B | B | B | xx | xxx | xxx | C | B | C | B | A | A | N/A | No | ||||||||||||||||
| xxx | 2207161 | xxx | XXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | Provide a [redacted]-month primary housing payment history and current lease for [redacted]. [redacted]. Only an expired lease was provided. | Reviewer Comment (2026-09-02): Lease, cancelled checks and LOX from employer. Buyer Comment (2026-08-31): Please see UW Management email response attached. Thank you. Buyer Comment (2026-08-31): Please see UW management attached. Thank you. Reviewer Comment (2026-08-24): Document provided do not over a full [redacted]month housing history. Buyer Comment (2026-08-20): [redacted] lives in employer paid housing since [redacted]. There is a letter from the employer [redacted]in the housing history category. The expired lease is for prior housing history. Buyer Comment (2026-08-20): [redacted]lives in employer paid housing since [redacted]. There is a letter from the employer [redacted]in the housing history category. The expired lease is for prior housing history. |
09/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2207193 | xxx | XXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Reviewer Comment (2026-09-04): Additional funds provided. Buyer Comment (2026-09-04): [redacted]cashier check Reviewer Comment (2026-09-04): Received gift letter. Required source of fund/deposit for $[redacted]. Exception remains. Buyer Comment (2026-09-02): gift letter |
09/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | B | C | B | A | A | N/A | No | |||||||||||||||
| xxx | 2207193 | xxx | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Issue: Ineligible borrower | Borrower lives rent free with other than a spouse and has no verifiable housing history. This is not permitted per guidelines. | The representative FICO score exceeds the guideline minimum by at least [redacted]points. | Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
Originator,SitusAMC | Reviewer Comment (2026-09-04): Waived with compensating factors per lender exception approval. Buyer Comment (2026-09-02): exception |
09/04/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | xx | xxx | xxx | C | B | C | B | A | A | N/A | No | |||||||||||
| xxx | 2207171 | xxx | XXXX | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Highest level secondary valuation supports the value. There is a lower level tertiary product that does not support the qualifying value. Sec ID: 22 | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-08-26): Waived at client request. Buyer Comment (2026-08-24): [redacted]-Lender accepts. Please waive with available compensating factors. |
08/26/2026 | No | 2 | A | A | A | A | A | A | A | A | B | B | xx | xxx | xxx | C | B | C | A | B | B | N/A | No | ||||||||||||||
| xxx | 2207171 | xxx | XXXX | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy effective date is after the funds disbursed. | Hazard Insurance Policy Effective Date [redacted], dated after the note date [redacted]. | Reviewer Comment (2026-08-31): Received Hazard Insurance Policy. Exception Cleared. Buyer Comment (2026-08-27): HOI |
08/31/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | B | C | A | B | B | N/A | No | ||||||||||||||
| xxx | 2207171 | xxx | XXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | A property report is required to verify the primary is owned free and clear. | Reviewer Comment (2026-08-28): The received documentation confirms that the mortgage obtained in [redacted] was released in [redacted], and a new loan was opened on [redacted]. Exception Cleared Buyer Comment (2026-08-26): release Reviewer Comment (2026-08-26): Provide proof of the most recent [redacted]months' payment history for the mortgage obtained in [redacted], or evidence that the mortgage has been fully satisfied and released. Exception remains. Buyer Comment (2026-08-24): property profile - new loan opened[redacted]- [redacted] payment would not have been due prior to the subject loan note date. |
08/28/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | B | C | A | B | B | N/A | No | ||||||||||||||
| xxx | 2202001 | xxx | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | A Final and Signed HUD/CD is missing from the file. | Reviewer Comment (2026-06-18): Received true and certified copy of Final closing statement. Exception cleared. Buyer Comment (2026-06-16): Please see attached Final SS |
06/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | B | C | B | A | A | N/A | No | ||||||||||||||
| xxx | 2202001 | xxx | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender approved exception at origination to allow unit [redacted] of the subject property to have [redacted]bedrooms, as guidelines require each unit to have at least [redacted]bedroom. | The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .[redacted]. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted]months. |
Debt Service Coverage Ratio: [redacted] Guideline Requirement: [redacted] Reserves: [redacted] Guideline Requirement: [redacted] |
Originator Pre-Close,SitusAMC Originator Pre-Close,SitusAMC |
Reviewer Comment (2026-06-11): Lender approved exception at origination with compensating factors. |
06/11/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | xx | xxx | xxx | C | B | C | B | A | A | N/A | No | |||||||||||
| xxx | 2202006 | xxx | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Subject Property Unit [redacted] Gross Living Area is less than [redacted]square feet. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted]months. The representative FICO score exceeds the guideline minimum by at least [redacted]points. |
Reserves: [redacted] Guideline Requirement: [redacted] Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
Originator Pre-Close,SitusAMC Originator Pre-Close,SitusAMC |
Reviewer Comment (2026-06-15): Lender approved exception at origination with compensating factors of FICO and Reserves exceeding required minimums. |
06/15/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | xx | xxx | xxx | B | B | B | B | A | A | N/A | No | |||||||||||
| xxx | 2201963 | xxx | XXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | For the primary residence, provide either a [redacted]month pay history or a property report verifying it is owned free and clear with taxes paid current. | Reviewer Comment (2026-08-20): Updated credit application received and credit supplement reflecting [redacted]months' history provided. Buyer Comment (2026-08-20): [redacted]reports last paid [redacted] and next due [redacted] Reviewer Comment (2026-08-19): Received updated application listing correct primary residence information. provide evidence for [redacted] and [redacted]. Exception remains Buyer Comment (2026-08-17): revised commercial app Reviewer Comment (2026-08-12): Per final credit application, mortgage on primary residence is tied to account ending in [redacted], which has a last report date of [redacted]. If this is not the primary residence mortgage, an updated credit application listing correct primary residence information will be required. Reviewer Comment (2026-08-12): Received mortgage statement for primary residence to verify housing history on credit report. Housing history can be verified till [redacted]. Provide evidence for [redacted] and [redacted]. Exception remains Buyer Comment (2026-08-10): mtg statement Reviewer Comment (2026-08-04): Provide a Property History Report to confirm housing history, as the payment history reported on the credit report cannot be verified as being associated with the borrower's primary residence. Exception Remains. Buyer Comment (2026-07-31): [redacted]#[redacted] |
08/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2201963 | xxx | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Condo Approval not provided | Reviewer Comment (2026-07-31): Received Condo Approval. Exception Cleared. Buyer Comment (2026-07-29): Condo approval |
07/31/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | A | C | A | A | A | N/A | No | |||||||||||||||
| xxx | 2201997 | xxx | XXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | File is missing [redacted]month housing history for primary residence. | Reviewer Comment (2026-08-17): Received Lease agreement. Exception cleared. Buyer Comment (2026-08-13): lease Buyer Comment (2026-08-13): bank statements Buyer Comment (2026-08-13): payment history Reviewer Comment (2026-08-06): Received deposit receipt for [redacted]months. Provide lease agreement to verify the landlord and payment made to the landlord. Exception remains Buyer Comment (2026-08-04): housing payments and rental verification |
08/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2201974 | xxx | XXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | For the primary residence, provide either a [redacted]-month pay history or a rent-free letter from the person who owns the primary residence. Additional conditions may apply. | The representative FICO score exceeds the guideline minimum by at least [redacted]points. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted]months. |
Guidelines Representative FICO: [redacted] Representative FICO: [redacted] Reserves: [redacted] Guideline Requirement: [redacted] |
Originator,SitusAMC Originator,SitusAMC |
Reviewer Comment (2026-08-10): Waived with compensating factors per lender exception approval. Buyer Comment (2026-08-06): exception |
08/10/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | xx | xxx | xxx | C | B | C | B | A | A | N/A | No | |||||||||||
| xxx | 2202054 | xxx | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: Verification of Non-US Citizen Status not provided | Credit application did not mark citizenship. | Reviewer Comment (2026-08-10): Received Credit Application. Exception Cleared. Buyer Comment (2026-08-06): commercial app |
08/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2202009 | xxx | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | File is missing final signed and dated HUD-1/Settlement Statement. Missing closing agent signature. | Reviewer Comment (2026-08-07): Received Final Closing statement. Exception Cleared. Buyer Comment (2026-08-06): Final SS |
08/07/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | D | A | D | A | A | A | N/A | No | ||||||||||||||
| xxx | 2202009 | xxx | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Borrower is currently living rent-free with someone other than a spouse. This does not meet guidelines. File is missing underwriter discretion documentation. | Reviewer Comment (2026-08-07): Received 1008 UW Discretion. Exception Cleared. Buyer Comment (2026-08-05): uw discretion |
08/07/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | D | A | D | A | A | A | N/A | No | ||||||||||||||
| xxx | 2202009 | xxx | XXXX | Credit | Credit | Credit Eligibility | Guideline | Public Record Issue: | - | All liens must be paid in full at or prior to closing. Case number is different than the other lien that was shown as paid. | Reviewer Comment (2026-08-07): Received Satisfaction of lien. Exception Cleared. Buyer Comment (2026-08-05): satisfaction |
08/07/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | xx | xxx | xxx | D | A | D | A | A | A | N/A | No | |||||||||||||
| xxx | 2202009 | xxx | XXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Provide the original Operating Agreement for [redacted]. An amended document was provided. | Reviewer Comment (2026-08-10): Full operating agreement received in trailing documents. Reviewer Comment (2026-08-07): The provided Operating Agreement does not verify guarantor[redacted] ownership percentage. Exception Remains. Buyer Comment (2026-08-05): operating agreement |
08/10/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | xx | xxx | xxx | D | A | D | A | A | A | N/A | No | ||||||||||||||
| xxx | 2202059 | xxx | XXXX | Credit | Credit | Credit Eligibility | Guideline | Public Record Issue: | - | Please provide evidence of settlement or release of judgment for [redacted]. | Reviewer Comment (2026-08-10): Received evidence of judgment showing status as disposed. Exception cleared. Buyer Comment (2026-08-06): disposed |
08/10/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | xx | xxx | xxx | B | A | B | A | A | A | N/A | No | |||||||||||||
| xxx | 2202061 | xxx | XXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | Missing VOR for borrower's primary residence. | Reviewer Comment (2026-08-10): Received Pay History and Bank Statement verified Rental Payment for Primary Housing History. Exception Cleared. Buyer Comment (2026-08-06): primary housing |
08/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2202061 | xxx | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | The Certificate of Non-Owner Occupied does not show the borrower(s) at an address different than the subject and thus casts doubt on the business purpose of the loan. | The signed copy of the Certificate of Non-Owner Occupied does not show the borrower's principal address. | Reviewer Comment (2026-08-10): Received Non-Owner Occupied at an address different than the Subject for the Borrower. Exception Cleared. Buyer Comment (2026-08-06): Non-owner |
08/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2204811 | xxx | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Guarantor Agreement not provided | Guarantor Agreement is missing. | Reviewer Comment (2026-03-10): Guarantor Agreement received and verified the details. Exception Cleared. Buyer Comment (2026-03-06): Personal Guaranty attached. |
03/10/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | xx | xxx | xxx | D | A | D | A | A | A | N/A | No | ||||||||||||||
| xxx | 2204811 | xxx | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Borrower lives rent free with non spouse. Provide evidence of the LLPA and UW discretion. | Reviewer Comment (2026-03-11): Evidence of LLPA on rate lock and UW discretion received in trailing docs. Buyer Comment (2026-03-10): Lock confirmation showing LLPA and 1008 with UW discretion re rent free attached. |
03/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | D | A | D | A | A | A | N/A | No | ||||||||||||||
| xxx | 2204817 | xxx | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Missing Document: Note - Subordinate Lien not provided | Provide a copy of the Note for the subordinate lien. | Reviewer Comment (2026-07-27): HELOC agreement received in trailing documents. Buyer Comment (2026-07-27): Note for sub lien reattached. Reviewer Comment (2026-07-27): Note - Subordinate Lien provided cannot be located in trailing documents. Exception remains. Buyer Comment (2026-07-23): Note for subordinate lien attached. |
07/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2204817 | xxx | XXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | Per credit report, HELOC on subject property had a $ [redacted] balance as of [redacted]; however, our loan closed [redacted]. Please provide evidence of $ [redacted] balance on the HELOC through closing. Loan subject to additional conditions once received as this will affect the DSCR calculation. | Reviewer Comment (2026-07-30): Received credit supplement reflecting $[redacted] balance through closing. Buyer Comment (2026-07-29): See attached credit supplement |
07/30/2026 | No | 1 | A | A | A | A | A | xx | xxx | xxx | C | A | C | A | A | A | N/A | No | |||||||||||||||||||
| xxx | 2204815 | xxx | XXXX | Credit | Hazard Insurance | Document Error | Hazard Insurance | Hazard Insurance policy does not list Lender or Servicer and its successors and assigns, per guideline requirements. | HOI lists the mortgagee as [redacted]. | Reviewer Comment (2026-08-27): Received updated Hazard Insurance Policy reflecting lender as mortgagee. Exception cleared. Buyer Comment (2026-08-25): Updated Hazard Dec page with [redacted] as the Mortgagee. Reviewer Comment (2026-07-30): Hazard Insurance reflects [redacted] on the mortgagee with their [redacted] Company named [redacted],. Please provided updated Insurance with Lender name [redacted], [redacted]. Exception Remains. Buyer Comment (2026-07-28): Please re-review. It does reflect [redacted] on the mortgagee with their Servicing company. Please clear the exception. |
08/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2204814 | xxx | XXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of ___ is less than Cash From Borrower ___. | Borrower has insufficient cash to close. | The representative FICO score exceeds the guideline minimum by at least [redacted]points. | Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
Originator,SitusAMC | Reviewer Comment (2026-09-01): Waived with compensating factors per lender exception approval. Buyer Comment (2026-08-28): Please see attached |
09/01/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | xx | xxx | xxx | C | B | C | B | A | A | N/A | No | ||||||||||
| xxx | 2204816 | xxx | XXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | For the primary residence, provide either a [redacted]month pay history or a property report verifying it is owned free and clear with taxes paid current. | The representative FICO score exceeds the guideline minimum by at least [redacted]points. | Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
Originator,SitusAMC | Reviewer Comment (2026-08-25): Waived with compensating factors per lender exception approval. Buyer Comment (2026-08-21): exception Reviewer Comment (2026-08-19): Received email correspondence and tax certificate. Provide property profile report toverify property is free and clear. Exception remains Buyer Comment (2026-08-17): translated Buyer Comment (2026-08-17): original Buyer Comment (2026-08-17): email approving docs Reviewer Comment (2026-08-10): The provided tax bill does not verify the property address. Please provide a Property History Report showing the correct property address and evidence that the current taxes have been paid. Exception Remains. Buyer Comment (2026-08-06): tax bill |
08/25/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | xx | xxx | xxx | C | B | C | B | A | A | N/A | No | |||||||||||
| xxx | 2204825 | xxx | XXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided | Missing a Fraud report for both borrowers. | Reviewer Comment (2026-08-06): Received Fraud Report. Exception cleared. Buyer Comment (2026-08-04): Uploaded Fraud Report |
08/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2204825 | xxx | XXXX | Credit | Credit | Credit Documentation | Credit | OFAC was not checked and required per guidelines. | - | Provide OFAC for all parties of the loan. | Reviewer Comment (2026-08-06): Received clear OFAC fo all parties. Exception cleared. Buyer Comment (2026-08-04): See fraud report uploaded [redacted]. |
08/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | A | C | A | A | A | N/A | No | |||||||||||||
| xxx | 2204849 | xxx | XXXX | Credit | Missing Document | General | Missing Document | Incomplete Document: 1007 Rent Comparison Schedule is incomplete | Provide an Operating Income statement that reflects rental income for both units. Copy provided only shows income for unit [redacted]. | Reviewer Comment (2026-09-01): Operating income statement. Buyer Comment (2026-08-28): Please see attached revised appraisal report. Thank you. Reviewer Comment (2026-08-27): The lease agreements for both units are included in the file. Based on these agreements, an operating income statement reflecting the rental income from both units is required. Exception Remains. Buyer Comment (2026-08-25): Only reflects income for one unit as ONLY [redacted]unit was rented. Thank you. |
09/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2204849 | xxx | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of ___ does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) ___. | Provide an Operating Income statement that reflects rental income for both units. Copy provided only shows income for unit [redacted]. | Reviewer Comment (2026-09-01): Operating Income Statement. Buyer Comment (2026-08-28): Please see attached revised appraisal report. Thank you. |
09/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | A | C | A | A | A | N/A | No | |||||||||||||
| xxx | 2204835 | xxx | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | Final closing statement provided was not signed by borrowers. | Reviewer Comment (2026-08-18): Received certified final closing statement. Exception cleared Buyer Comment (2026-08-14): Final SS Reviewer Comment (2026-08-14): Received Estimated Closing statement. Provide the final closing statement executed by the all parties or stamped true and certified. Exception remains. Buyer Comment (2026-08-12): PFA signed by the borrower |
08/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2204854 | xxx | XXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | File is missing complete [redacted]-month housing history for primary residence. File is missing prior history. | The representative FICO score exceeds the guideline minimum by at least [redacted]points. | Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
Originator,SitusAMC | Reviewer Comment (2026-08-31): Waived with compensating factors per lender exception approval. Buyer Comment (2026-08-27): Please find attached. |
08/31/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | xx | xxx | xxx | C | B | C | B | A | A | N/A | No | |||||||||||
| xxx | 2204832 | xxx | XXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | File is missing Property Profile Report for the primary residence. | Reviewer Comment (2026-08-18): Received Property history Report. Exception cleared Buyer Comment (2026-08-14): property profile report |
08/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2204832 | xxx | XXXX | Credit | Credit | Credit Eligibility | Guideline | Public Record Issue: | - | All judgments must be paid in full at or prior to closing. | Reviewer Comment (2026-08-25): Exceed state statute of limitations. Buyer Comment (2026-08-21): meets statue of limitations. see attached doc Collections and charge-offs that have passed beyond the statute of limitations for that state (supporting documentation required) Reviewer Comment (2026-08-18): Per the credit report provided, there is no indication that the chargeoff is being disputed. The account comment just states account closed by credit grantor. Buyer Comment (2026-08-14): per guidelines, Current disputed accounts are excluded from the limit calculation as noted in the Collections and Charge-Offs section of this guide, if the borrower(s) meets minimum reserve requirements and has additional seasoned reserves (no gifts or cash out allowed to satisfy the requirement) totaling amount of disputed accounts (total Minimum Reserves + Disputed Account Balance(s). COLLECTIONS AND CHARGE- |
08/25/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | xx | xxx | xxx | C | A | C | A | A | A | N/A | No | |||||||||||||
| xxx | 2204858 | xxx | XXXX | Credit | Credit | Credit Documentation | Credit | OFAC was not provided and is required. | Provide OFAC for the borrowing Trust. | Reviewer Comment (2026-08-18): Received OFAC search result for the borrowing trust. Exception cleared. Buyer Comment (2026-08-14): ofac |
08/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2204852 | xxx | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | File is missing final signed and dated HUD-1/Settlement Statement. Closing agent signature is missing. | Reviewer Comment (2026-08-18): Received final closing statement signed by closing agent. Exception Cleared. Buyer Comment (2026-08-14): Final SS |
08/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2204843 | xxx | XXXX | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | File is missing final signed and dated HUD-1/Settlement Statement. File is missing closing agent stamp and signature. | Reviewer Comment (2026-08-20): Final SS. Buyer Comment (2026-08-18): Final SS |
08/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2204838 | xxx | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Borrower is living rent-free. A rent-free letter was not found in the file. | Reviewer Comment (2026-08-27): Received Rent Free letter from spouse. Exception Cleared. Buyer Comment (2026-08-25): rent free loe Reviewer Comment (2026-08-20): Borrower [redacted] lived with the spouse at the former primary residence. A rent free letter is required from the spouse. Borrower [redacted] is not listed on the mortgage statement and credit shows only borrower [redacted] holds the loan. Buyer Comment (2026-08-18): rent payments Buyer Comment (2026-08-18): lease Buyer Comment (2026-08-18): revised final 1003 with housing updated |
08/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2204875 | xxx | XXXX | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy Effective Date is after closing. | Hazard Insurance Policy Effective Date ___, Disbursement Date: ___ | The Hazard Insurance Policy Effective Date is after the later of the note or transaction date. Hazard Insurance Policy Effective Date [redacted], Disbursement Date: [redacted] |
Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted]months. The representative FICO score exceeds the guideline minimum by at least [redacted]points. |
Reserves: [redacted] Guideline Requirement: [redacted] Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
Originator,SitusAMC Originator,SitusAMC |
Reviewer Comment (2026-08-31): Waived with compensating factors per lender exception approval. Buyer Comment (2026-08-27): exception |
08/31/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | xx | xxx | xxx | C | B | C | B | A | A | N/A | No | ||||||||||
| xxx | 2204881 | xxx | XXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | Provide evidence of the [redacted] payment to the [redacted]mortgage secured by the primary residence. | Reviewer Comment (2026-08-24): Received [redacted] payment receipt along with email confirmation for service transferred to [redacted] Mortgage. Exception cleared. Buyer Comment (2026-08-20): [redacted] Buyer Comment (2026-08-20): [redacted] transfer email |
08/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2204905 | xxx | XXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | Provide a pay history from [redacted]for the subject property. | Reviewer Comment (2026-08-26): Received verification of mortgage showing no late payments. Exception cleared. Buyer Comment (2026-08-24): VOM [redacted] |
08/26/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2204923 | xxx | XXXX | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2026-09-01): Final title. |
09/01/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | xx | xxx | xxx | D | B | C | B | D | A | N/A | No | |||||||||||||||
| xxx | 2204923 | xxx | XXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | Secondary valuation is missing. | Reviewer Comment (2026-09-01): Field Review. Buyer Comment (2026-08-28): Please find field review attached. Thank you. |
09/01/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | xx | xxx | xxx | D | B | C | B | D | A | N/A | No | ||||||||||||||
| xxx | 2204923 | xxx | XXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Exception is approved and requested for. Subject property is a condo, and the condo has no flood insurance. [redacted] is listed at $[redacted]in the [redacted]-page policy, but $[redacted]is required based on [redacted]months of HOA assessments, and HOA cannot explain the special assessment listed on the balance sheet. It is not listed on the questionnaire. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least [redacted]%. The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .[redacted]. The representative FICO score exceeds the guideline minimum by at least [redacted]points. |
Loan to Value: [redacted]% Guideline Maximum Loan to Value: [redacted]% Debt Service Coverage Ratio: [redacted] Guideline Requirement: [redacted] Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
Originator,SitusAMC Originator,SitusAMC Originator,SitusAMC |
Reviewer Comment (2026-08-18): Waived with compensating factors per lender exception approval. |
08/18/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | xx | xxx | xxx | D | B | C | B | D | A | N/A | No | |||||||||||
| xxx | 2204923 | xxx | XXXX | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Title search shows negative impact on title. | Judgment on title from [redacted]Condo Association in the amount of $[redacted]. Provide evidence this was paid and satisfied. | Reviewer Comment (2026-09-01): Final title. Buyer Comment (2026-08-28): Please see attached. Thank you. |
09/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | D | B | C | B | D | A | N/A | No | ||||||||||||||
| xxx | 2204894 | xxx | XXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Rental income of $[redacted] was correctly updated as per the comparable rent schedule; however, other documents in the file indicate $[redacted]as qualifying rental income, due to which there is a discrepancy in DSCR. | Reviewer Comment (2026-08-28): Received Lease agreement with corrected rental income. Exception cleared. Buyer Comment (2026-08-26): lease agreement, [redacted] month rent and security deposit |
08/28/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | D | A | D | A | A | A | N/A | No | ||||||||||||||
| xxx | 2204894 | xxx | XXXX | Credit | Credit | Credit Documentation | Credit | OFAC was not provided and is required. | Provide OFAC for the borrowing trust. | Reviewer Comment (2026-08-28): OFAC is provided as required. Exception cleared. Buyer Comment (2026-08-26): ofac |
08/28/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | D | A | D | A | A | A | N/A | No | ||||||||||||||
| xxx | 2204894 | xxx | XXXX | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | HUD/CS provided is an estimate. Provide final HUD/CS. | Reviewer Comment (2026-08-28): Received Final settlement statement. Exception cleared. Buyer Comment (2026-08-26): Final SS |
08/28/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | xx | xxx | xxx | D | A | D | A | A | A | N/A | No | ||||||||||||||
| xxx | 2216623 | xxx | XXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of ___ is less than Cash From Borrower ___. | Verified Assets for Closing of $[redacted]is less than cash required from borrower of $[redacted] | Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted]. The representative FICO score exceeds the guideline minimum by at least [redacted]points. |
Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
SitusAMC Originator,SitusAMC |
Reviewer Comment (2026-07-08): Waived with compensating factors per lender approved exception received in trailing documents. Buyer Comment (2026-07-06): Please see exception attached. Thank you. |
07/08/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | xx | xxx | xxx | C | B | C | B | A | A | N/A | No | ||||||||||
| xxx | 2216623 | xxx | XXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. | Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted]. The representative FICO score exceeds the guideline minimum by at least [redacted]points. |
Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
SitusAMC Originator,SitusAMC |
Reviewer Comment (2026-07-08): Waived with compensating factors per lender approved exception received in trailing documents. Buyer Comment (2026-07-07): Please see exception attached to the other condition. Thank you. Reviewer Comment (2026-07-06): [redacted]months reserves required for [redacted] Overlay guides for Loan amount less than $[redacted]. Exception remains Buyer Comment (2026-07-01): Per guidelines -[redacted]- reserves required on loan amounts under $[redacted]. |
07/08/2026 | No | 2 | B | B | B | B | B | xx | xxx | xxx | C | B | C | B | A | A | N/A | No | ||||||||||||||||
| xxx | 2216629 | xxx | XXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Due to missing invoices for POC's paid by borrower. | Reviewer Comment (2026-07-30): Received evidence of appraisal POC. Buyer Comment (2026-07-30): see attached |
07/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2216622 | xxx | XXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | File is missing verification of [redacted] mortgage payment on primary residence and [redacted]-month housing history for subject property. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted]months. The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .[redacted]. |
Reserves: [redacted] Guideline Requirement: [redacted] Debt Service Coverage Ratio: [redacted] Guideline Requirement: [redacted] |
Originator,SitusAMC Originator,SitusAMC |
Reviewer Comment (2026-09-23): Waived with compensating factors per lender approved exception as they are unable to provide [redacted] month payment history for subject property. Buyer Comment (2026-09-21): Please see exception attached. Thank you. Reviewer Comment (2026-08-10): Received verification of [redacted] mortgage payment on primary residence. Received mortgage statement for [redacted] for subject property was already a part of the initial package Provide [redacted]-month housing history for subject property. Exception remains Buyer Comment (2026-08-06): Please see both primary & subject proof of [redacted] mtg payments made. Thank you. Buyer Comment (2026-08-06): [redacted], please disregard the request to WAIVE below. Both [redacted] payments for primary & subject uploaded. Thank you. Buyer Comment (2026-08-06): [redacted], PLEASE waive as this program permits a [redacted]without any hits. Thank you. |
09/23/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | xx | xxx | xxx | D | B | D | B | A | A | N/A | No | |||||||||||
| xxx | 2216622 | xxx | XXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Deeds / Warranty / Grant / Quit-Claim not provided | File is missing warranty transferring subject property to business entity. | Reviewer Comment (2026-08-13): Title in name of entity. Buyer Comment (2026-08-11): Please see attached email Reviewer Comment (2026-08-06): Email confirmation received stating No deed available as subject was in the name of borrowing entity prior to closing. Per title report, title was vested in [redacted] and borrowing [redacted]. Current transaction note has [redacted]as a borrower and [redacted] as a guarantor. A deed evidencing the transfer of [redacted] ownership interest to the [redacted]prior to closing is required. Exception remains. Buyer Comment (2026-08-04): Please see email from the settlement agent |
08/13/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | xx | xxx | xxx | D | B | D | B | A | A | N/A | No | ||||||||||||||
| xxx | 2216622 | xxx | XXXX | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided | OFAC is required for all parties involved in the transaction - business entity missing. | Reviewer Comment (2026-08-10): Received clear OFAC search for borrowing entity. Exception cleared. Buyer Comment (2026-08-06): Please see clear ofac attached. Thank you. |
08/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | D | B | D | B | A | A | N/A | No | ||||||||||||||
| xxx | 2216671 | xxx | XXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy does not reflect a coverage amount (no final title policy in file). Unable to determine if appropiate coverage is provided. | The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount. | Reviewer Comment (2026-09-08): Received title supplemental report with loan amount of $[redacted] . Exception cleared. Buyer Comment (2026-09-03): PFA as requested |
09/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | xx | xxx | xxx | D | A | D | A | A | A | N/A | No | ||||||||||||||
| xxx | 2216671 | xxx | XXXX | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Final settlement statement/HUD is missing. | Reviewer Comment (2026-09-08): Received final HUD-1 statement. Exception cleared. Buyer Comment (2026-09-03): PFA as requested |
09/08/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | xx | xxx | xxx | D | A | D | A | A | A | N/A | No |