EFMT 2026-NQM12 ABS-15G

 

Exhibit 99.07 - Schedule 2

 

 

Exception Detail
Run Date - 10/16/2026 2:44:15 PM
Evolve Loan ID Customer Loan ID Seller Loan ID Loan Exception ID Exception ID Exception Date Exception Type Exception Category Exception Subcategory Exception Exception Detail Exception Information Exception Remediation Compensating Factors Follow-up Comments Cleared Date Cured Date Waived Date Exception Level Grade Exception Level Rating Note Date Property State Occupancy Purpose 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
1703163 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 14140273 328 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Satisfactory 12 mth Mortgage   XXXXXXXX primary residence mortgage taken out XXXXXXXXXX in the amount of XXXXXXXXXX provide documentation to verify the payment was made on time for the XXXXX XXXXX and XXXXX XXXXX payments to confirm XXXXXXXX as required per XXXXX program guidelines. XXXX subject loan closed XXXXXXXXXXX Received payment history XXXXXX XXXXX + XXXXXX     08/27/2026     A 1 XXXXXXXXXX AL 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1703163 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 14140274 350 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW - LTV/CLTV does not meet parameters   XXXX XXXX > XXXX maximum permitted for an interest only, cash out refinance under the XXXXX XXXXXXXXX   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXX of XXXXXX where the minimum required is XXXXXX XXXXXXXX months reserves when only XX months required, and XXXX fico score where the minimum required is XXXXX       08/26/2026 B 2 XXXXXXXXXX AL 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1703163 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 14140275 318 XXXXXXXXXX Credit UW Assets   UW Assets - UW - Source of Large Deposit   XXXXXXXX documentation of the source of funds used for the subject property purchase transaction. XXXXXX deposits XXXXXXXXXX XXXXXXXXXXXXXXX XXXXXXXXXX XXXXXXXXXXXXXX and XXXXXXXXX XXXXXXXXXX not sourced per delayed financing guideline requirements.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXX of XXXXXX where the minimum required is XXXXXX XXXXXXXX months reserves when only XX months required, and XXXX fico score where the minimum required is XXXXX       08/28/2026 B 2 XXXXXXXXXX AL 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1703166 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 14140280 272 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXXXXXXX year built missing on appraisal.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXX of XXXXXXXX where the max allowed is XXXX and XXXX fico score where the minimum required is XXX Client 08/28/2026 11:34 AM; Please confirm grade. XXX XXXXXXXXXX XX please waive. XXXXXX you.

 Reviewer 08/28/2026 03:23 PM; Appraisal XXXXX XXXX of XXXX year built XXXX page XXXX of XXXX actual age XXXX

 Reviewer 08/30/2026 05:46 PM; Condition has been reviewed

    08/30/2026 B 2 XXXXXXXXXX CA 3 13 C   B   C   B   N/A N/A C   B     Exempt 1
1703166 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 14140281 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXXXXXXXX approval for mixed use property, use of rent borrower pays himself from the business he owns and occupies the commercial unit, rental income calculation, and XX months of reserves.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXX of XXXXXXXX where the max allowed is XXXX and XXXX fico score where the minimum required is XXX       08/28/2026 B 2 XXXXXXXXXX CA 3 13 C   B   C   B   N/A N/A C   B     Exempt 1
1703187 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 14140324 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXX per XXXXXXXXX guidelines, a cash out letter is required to meet XXXXXXXXX guidelines. Document provided     08/27/2026     A 1 XXXXXXXXXX TX 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1703187 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 14140325 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXX per XXXXXXXXX guidelines, the maximum XXXX for a cash out refinance for a XXXXX product is XXXXXX XXXXX XXXX exceeds XXXXXX XXXXXXXX to XXXXXXXX   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXXX reserves of XX months. XXXXX has XXXXXXXX months reserves. XXXXX minimum is XXXXXXX XXXXX XXXXX is XXXXXXXX XXX primary mortgage payment so less credit risk.       08/26/2026 B 2 XXXXXXXXXX TX 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1703194 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 14140345 437 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Missing/Incomplete Verbal VOE   XXXX guidelines require a XXXXXXX XXXXXXXXXXXXX of XXXXXXXXXXX within XXX calendar days prior to the note date for self-employment income.  XXXX XXXX XXXXXXX is dated XXXXXXXXXXX and the XXXXXXXXXX XXXXXXXXXXXXXX is dated XXXXXXXXXXXX which are more than XXX days from the note date of XXXXXXXXXXXXX XX XXXXX within XXX days of the note is required. VVOE dated XXXXXXXXXX provided      08/28/2026     A 1 XXXXXXXXXX MA 1 1 D   A   D   A   A   A   A   A     Non-QM 1
1703304 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 14141029 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXX XXXXXXXXXXX XXXXXXXXXXX approved an XXXXXX XXXXXXXXXX loan on an investor income program at XXXXXXXX XXXX stacked with cash out XXXXXXXX   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXX months reserves when only XX months required,       08/31/2026 B 2 XXXXXXXXXX GA 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1703305 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 14141030 336 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   XXXXX XXXXXXXXXXX XXXXXXXXXXX approved an XXXXXX XXXXXXXXXX loan on an investor income program at XXXXXXXX XXXX stacked with cash out and waived XXXXX as no rental income used to qualify.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXX months reserves when only XX months required.        08/25/2026 B 2 XXXXXXXXXX NC 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1703331 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 14141106 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXXXXX the credit report for the borrower XXXXXXXX XXXXXXXX XXXXXXXXXXX XXXXXXX submit. XXXX result in additional deficiencies       08/28/2026     A 1 XXXXXXXXXX FL 1 3 D   A   D   A   A   A   A   A     Non-QM 1
1703331 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 14141107 437 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Missing/Incomplete Verbal VOE   XXXXXXXX XXXXXXX XXXXXX for both borrowers in accordance with guideline. XXXX verbal XXXX must be obtained within XXX business days prior to the note date for the borrower's employment income, and within XXX calendar days prior to the note date for the co-borrower's selfemployment income. Received XXXXXX     08/31/2026     A 1 XXXXXXXXXX FL 1 3 D   A   D   A   A   A   A   A     Non-QM 1
1703331 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 14141108 480 XXXXXXXXXX Credit Application   Application - Compliance \ Application - Validate Loan Originator ID and Loan Originator Co ID on XXXX to verify ID is active and matches LO and CO on application.  If not found on website, suspend for correct ID #.   XXXXXXX provide evidence that XXXXXXXXX XXXXX is authorized to conduct business in the state of XXXXX     Client 08/31/2026 01:25 PM; This is addressed in the XXXXXX XXXXXX XXXXXXX section of our fraud report. XXXXXXXXX XXXXX is XXXXXXX from state licensing. XXXXXXXX XXXXXXXX verified. XXXXXX you. 


 Reviewer 08/31/2026 03:28 PM;

 Reviewer 09/01/2026 09:29 AM; No documentation provided

 Reviewer 09/01/2026 01:37 PM; Hello
XXXXX has been cleared.

XXXXXX

 09/01/2026     A 1 XXXXXXXXXX FL 1 3 D   A   D   A   A   A   A   A     Non-QM 1
1703335 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 14141116 437 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Missing/Incomplete Verbal VOE   XXX per XXXXXXXXX guidelines, a verbal XXXX must be completed within XXX days prior to the XXXXX date. VVOE received     08/26/2026     A 1 XXXXXXXXXX CA 1 13 D   A   D   A   A   A   A   A     Non-QM 1
1703348 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 14141134 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXX per XXXXXXXXX guidelines, the maximum XXXX for a cash out refinance with XXXX units is XXXXXX XXXXX is at XXXXX   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX  XXXXXXXXX reserves is XX mo. XXXXXXXXX has XXXXXXX mo reserves. XXXXXXXX on a current mortgage. XXXXXXXXX residual income is XXXXXXXXX XXXXX has XXXXXXXXXXXX       08/31/2026 B 2 XXXXXXXXXX PA 3 13 D   B   D   B   N/A N/A A   A     Exempt 1
1703348 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 14141135 897 XXXXXXXXXX Credit Compliance   Compliance - TRID CD- Other   XXX signed at closing reflects the incorrect XXXX payment - per note and calculations correct XXXX is XXXXXXXXXX       09/02/2026     A 1 XXXXXXXXXX PA 3 13 D   B   D   B   N/A N/A A   A     Exempt 1
1703348 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 14141136 437 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Missing/Incomplete Verbal VOE   XXX per XXXXXXXXX guidelines, a XXXXXXX XXXX must be done within XXX days prior to the XXXXX date. Received XXX day XXXX     09/01/2026     A 1 XXXXXXXXXX PA 3 13 D   B   D   B   N/A N/A A   A     Exempt 1
1703349 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 14141137 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXX XXXXXXXXXXX approval investment cash out refinance on vacant investment property.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXX months reserves when only XX months required. Reviewer 08/11/2026 03:26 PM;

    08/11/2026 B 2 XXXXXXXXXX CO 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1703351 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 14141141 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXX XXXXX XXXXXXXX XXXXXXXXX XXXX XXXXX XXXXXXXXXXXXX XXXXXXXXXXXXXXX XXXX XXXXXXXXXX XXXXXXXXXXXXXX that the borrower was contacted regarding the XXXXXX XXXXXX on the credit report and that the borrower has applied for the subject loan.       08/25/2026     A 1 XXXXXXXXXX FL 1 1 C   B   C   B   A   A   A   A     Non-QM 1
1703351 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 14141142 336 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   XXXXXXXX a XXXXXXXXXXXXXX XXXXXXXXXXXXXX signed and dated within the last XXX days.  XXXX XXXXXXXXXXXXXX in the file is dated XXXXXXXXXXX Minor dating error. XXXXX start date is XXXXXXXX and it was completed on the XXXXX XXXX form   Client 08/26/2026 10:50 AM; Minor dating error. XXXXX start date is XXXXXXXX and it was completed on the XXXXX XXXX form. XXXXXX you.

 Reviewer 08/26/2026 01:45 PM; Condition has been reviewed

08/26/2026     A 1 XXXXXXXXXX FL 1 1 C   B   C   B   A   A   A   A     Non-QM 1
1703351 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 14141143 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXXX transaction is a non-arm's length transaction, and the borrower lacks a verifiable XXXXXXXXX rental history.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXX XXX months of reserves exceeds the minimum required XX months XXXX residual income of XXXXXXXX exceeds the minimum requirement of XXXXXXXX XXXX XXXX down payment.       08/25/2026 B 2 XXXXXXXXXX FL 1 1 C   B   C   B   A   A   A   A     Non-QM 1
1703353 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 14141145 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXXX XXX for XXXXXXX loan is required, missing from file.       08/25/2026     A 1 XXXXXXXXXX CA 1 1 A   A   A   A   A   A   A   A     Safe Harbor QM (APOR) 1
1703360 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 14141152 336 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   XXXXXXXX letter form borrower verifying intent to depart current residence and obtain online rental report to support gross rents of XXXXXXXX monthly as required per guidelines for rental income of existing home. Zillow print out provided      08/31/2026     A 1 XXXXXXXXXX MO 1 1 C   A   C   A   A   A   A   A     Non-QM 1
1703360 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 14141153 336 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   XXXXXXXX a signed and dated XXXXX XXXXXXXXXXX XXXXXXXXXXXXXX XXXXXXXX for the borrower dated within XXX days of the subject loan closing as required per guidelines. XXX file XXXX is incomplete, not signed and not dated. Received XXX     08/31/2026     A 1 XXXXXXXXXX MO 1 1 C   A   C   A   A   A   A   A     Non-QM 1
1703370 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 14141162 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXXXXX final, fully executed closing disclosure from bridge loan transaction.       08/24/2026     A 1 XXXXXXXXXX SC 1 1 C   B   C   B   C   A   A   A     Non-QM 1
1703370 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 14141163 320 XXXXXXXXXX Credit UW Assets   UW Assets - UW - Asset Other   XXXXXXX XXXXXX on all programs require senior management approval. XXXXXXXXXX approval from senior management in file allowing use of bridge loans funds for assets.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXX of XXXX where the max allowed is XXXXX XXX months reserves when only XX months required, XXXXXXXXXX current mortgage payment history and XXXX fico score where the minimum required is XXX       08/24/2026 B 2 XXXXXXXXXX SC 1 1 C   B   C   B   C   A   A   A     Non-QM 1
1703370 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 14141164 898 XXXXXXXXXX Compliance Compliance   Compliance - TRID- Fee Tolerance Violation   XXXX tolerance violation of XXXXXXXX due to increase in recording fees with no valid coc.  XXXXXXX provide evidence of refund along with XXXX to borrower and XXXXX reflecting cure.  XXXX must be issued within XXX days of consummation Information provided     09/09/2026     A 1 XXXXXXXXXX SC 1 1 C   B   C   B   C   A   A   A     Non-QM 1
1703377 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 14141173 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXX from bridge loan against XXXXX XXXXXXXXX XXX netting minimum XXXXXXXXXXXXX missing from the file.       08/26/2026     A 1 XXXXXXXXXX UT 1 1 C   B   C   B   A   A   A   A     Safe Harbor QM (APOR) 1
1703377 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 14141174 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXX XXXX XXXX for XXXXXXXXXX on fixed income. XXXXXXXXX in file allowing XXXXXXXXXXX   Client waived with compensating factors: XXXX XXXXX when the minimum requirement is XXXXX XXXX XXXX when the max allowed is XXXXX XXXX months reserve when XX required; XXXXXXXXXXXX homeowner.        08/26/2026 B 2 XXXXXXXXXX UT 1 1 C   B   C   B   A   A   A   A     Safe Harbor QM (APOR) 1
1703403 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 14139928 322 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit - Minimum FICO   XXXX borrowers XXXXX score is below the XXXXX program minimum of XXXXXX XXXX borrowers XXXXX is XXX   Client waived with compensating factors: XXXX borrower has owned the primary residence for XX years. XXXX XXXXX is XXXXXX with a minimum XXXXX of XXXXXXXX XXXXXXXXX are at XXXXXXXXXXXXXX or XXX months and the required reserves are XX months.       09/04/2026 B 2 XXXXXXXXXX TX 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1703378 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 14141175 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXXXXX XXXXXXXXX to purchase investment property.   Client waived with compensating factors: XXXXXXXXX has residual income of XXXXXXXXXXXX where XXXXXXX is required, XXX months reserves where XX is required, XXXX XXXXX score where XXXX is minimum required.       08/31/2026 B 2 XXXXXXXXXX LA 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1703378 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 14141176 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXXXXXXX borrower to have XX active tradelines.   Client waived with compensating factors: XXXXXXXXX has residual income of XXXXXXXXXXXX where XXXXXXX is required, XXX months reserves where XX is required, XXXX XXXXX score where XXXX is minimum required.       08/31/2026 B 2 XXXXXXXXXX LA 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1703378 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 14141177 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXXXXXXX XXXXXX payment shock.   Client waived with compensating factors: XXXXXXXXX has residual income of XXXXXXXXXXXX where XXXXXXX is required, XXX months reserves where XX is required, XXXX XXXXX score where XXXX is minimum required.       08/31/2026 B 2 XXXXXXXXXX LA 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1703378 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 14141178 327 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Satisfactory 12 mth Rental   XXXXXXX history does not indicate borrowers length of time renting. Borrower is renting from family, XXXXX has them there for XX years   Client 09/01/2026 05:08 PM; Borrower is renting from family, XXXXX has them there for XX years. XXXXXX you.

 Reviewer 09/01/2026 06:12 PM; Condition has been reviewed

 09/01/2026     A 1 XXXXXXXXXX LA 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1703385 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 14141191 1068 XXXXXXXXXX Credit UW Other   UW Other - Fraud Alert was not addressed   XXXX XXXXXX XXXXXXX reflects a high alert for the XXXXXXXXXXXX XXXXXXXX and XXXXXXXXXXXX XXXXX XXXXXXXX indicating both are not registered to do business in the subject's state of XXXXX XXXX file does not contain documentation to clear these alerts. Per XXXXX XXXXXXXX XXXXXXXXX they were just processing this for XXXXXX XXXXXXXX XXX is the licensed XXXXXXXX but since its XXX and a XXXX non-qm investment loan, their understanding was that no additional licensing was required.      09/01/2026     A 1 XXXXXXXXXX MA 3 13 C   A   C   A   N/A N/A A   A     Exempt 1
1703386 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 14141192 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXXXXX XXXXXX XXXXXXXX disclosure from XXXXXXX loan on the borrowers residence at XXXX XXXXXXXXX XXXXX XXXXXXXXXX XXX XXXXXXX with proceeds of approximately XXXXXXXXXXXXX TPS XXXXXX XXXXXXXXXX     08/26/2026     A 1 XXXXXXXXXX VA 1 1 A   A   A   A   A   A   A   A     Non-QM 1
1703387 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 14141194 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXXXXX final, fully executed XXXXXXX XXXXX closing disclosure.       08/25/2026     A 1 XXXXXXXXXX ID 1 1 C   A   A   A   C   A   A   A     Safe Harbor QM (APOR) 1
1703387 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 14141195 884 XXXXXXXXXX Compliance Compliance   Compliance - Pending Internal completion of compliance fee tests.  Additional conditions may apply.     Information provided     09/09/2026     A 1 XXXXXXXXXX ID 1 1 C   A   A   A   C   A   A   A     Safe Harbor QM (APOR) 1
1703387 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 14141196 898 XXXXXXXXXX Compliance Compliance   Compliance - TRID- Fee Tolerance Violation   XXXXX is failing XXX tolerance for the increase in the XXXXXXX XXXXXXX XXXXXXX fee on the XXXXX XXX without a valid explanation on the XXXX provided.  XXXX invoice amount being higher than initially disclosed is not an acceptable explanation for this fee increase.  XXXXXXXXXX amount is XXXXXXXX  XXXXX a XXXXX with cure, lox to borrower, proof of refund, and evidence of payment shipped, all within XXX days of consummation XXXXXX Information provided   Reviewer 08/26/2026 10:53 AM; CD provided is not for subject property.  XXXXXXXXXXX remains open

 09/09/2026     A 1 XXXXXXXXXX ID 1 1 C   A   A   A   C   A   A   A     Safe Harbor QM (APOR) 1
1703390 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 14141199 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXX payment shock XXXXX XXXXXXXXX in file to allow payment shock > XXXXX   Client waived with compensating factors: XXXXXXXXXXXX homeowners, XXX months reserve when the minimum requirement is XX months, XXX job/same company since XXXXXX XXXX mortgages paid as agreed.        09/07/2026 B 2 XXXXXXXXXX CA 1 1 C   B   C   B   A   A   A   A     Safe Harbor QM (APOR) 1
1703390 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 14141200 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXX from bridge loan against XXXXXXXX XXXX XXXX XXX netting minimum XXXXXXXXXXXXX missing from the file.       09/08/2026     A 1 XXXXXXXXXX CA 1 1 C   B   C   B   A   A   A   A     Safe Harbor QM (APOR) 1
1703392 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 14141202 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXXXXX the final XXX from the XXXXXXX XXXXX funded by XXXXXXXXX showing net loan proceeds of at least XXXXXXXXXXXXXX and the payoff of XXXXXXXXX XXXX mortgage XXXXXXX XXXXXXXXXX approximate balance.       08/31/2026     A 1 XXXXXXXXXX NC 1 1 C   B   C   B   A   A   A   A     Higher Priced QM (APOR) 1
1703392 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 14141203 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXXXXXXX shock exceeds XXXXXXX XXXXXXXXX is XXXXXXXXX   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXX reserves of XXX months exceeds the minimum required XX months XXXX residual income of XXXXXXXXX exceeds the minimum required XXXXXXXX XXXX XXXX cash downpayment.       08/29/2026 B 2 XXXXXXXXXX NC 1 1 C   B   C   B   A   A   A   A     Higher Priced QM (APOR) 1
1703392 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 14141204 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXXXXXXX final XXXXX which states the start dates and length of time in the line of work for each borrower. XXXX XXXXX in the file only states the names of the employers. Revised XXXXX provided      09/02/2026     A 1 XXXXXXXXXX NC 1 1 C   B   C   B   A   A   A   A     Higher Priced QM (APOR) 1
1703396 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 14141209 272 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXXXXXX property is located in a XXXXXXXXXX market.   Client waived with compensating factors: XXXXX XXXXX XXX years self-employed, XXX years in primary residence just sold.       08/23/2026 B 2 XXXXXXXXXX CO 1 1 C   B   C   B   C   A   C   B     Safe Harbor QM (APOR) 1
1703396 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 14141210 351 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW - DTI exceeds maximum limit   XXXX XXXX of XXXX allowed on a fixed income borrower. XXXXXXXXX XXXX XXXXXXXXXXX   Client waived with compensating factors: XXXXX XXXXX XXX years self-employed, XXX years in primary residence just sold.       08/23/2026 B 2 XXXXXXXXXX CO 1 1 C   B   C   B   C   A   C   B     Safe Harbor QM (APOR) 1
1703396 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 14141211 336 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   XXXXXX XXXXXXXXXX income utilized but the minimum assets required was not met. XXXXXXX management approved.   Client waived with compensating factors: XXXXX XXXXX XXX years self-employed, XXX years in primary residence just sold.       08/23/2026 B 2 XXXXXXXXXX CO 1 1 C   B   C   B   C   A   C   B     Safe Harbor QM (APOR) 1
1703396 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 14141212 898 XXXXXXXXXX Compliance Compliance   Compliance - TRID- Fee Tolerance Violation   XXXXX tolerance violation of XXXXXXXXXX due to increase in credit report-broker fee with no valid coc.  XXXXXXX provide evidence of refund along with XXXX to borrower and XXXXX reflecting cure.  XXXX must be issued within XXX days of consummation Information provided     08/31/2026     A 1 XXXXXXXXXX CO 1 1 C   B   C   B   C   A   C   B     Safe Harbor QM (APOR) 1
1704303 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 14662210 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXX is missing the final XXX for the XXXXXXX loan.       08/27/2026     A 1 XXXXXXXXXX NV 1 1 C   B   C   A   C   B   A   A     Non-QM 1
1704303 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 14662211 351 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW - DTI exceeds maximum limit   XXXX at fully amortized payment exceeds maximum of XXXXXX  XXXX is XXXXXXXX Per XXXXXXXXX XXX using XXXXXXXXXXX for XXX which makes the XXXX XXXXXXXXX   Client 08/31/2026 05:35 PM; Please provide additional clarity regarding XXXX calculation. XXXXXXXXXXX XXXX in uploaded approval is showing XXXXXXXXXX XXXXXX you.

 Reviewer 08/31/2026 05:53 PM; Qualifying off of fully amortized payment of XXXXXXXXXXX instead of XXXXXXXXXXX XXX

 Client 09/01/2026 01:35 PM; Uploaded explanation provided by XXX for the discrepancy. XXXXXX you.

 Reviewer 09/01/2026 06:06 PM; Condition has been reviewed

09/01/2026     A 1 XXXXXXXXXX NV 1 1 C   B   C   A   C   B   A   A     Non-QM 1
1704303 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 14662212 898 XXXXXXXXXX Compliance Compliance   Compliance - TRID- Fee Tolerance Violation   XXXX tolerance violation of XXXXXXXXX due to increase in recording fees with no valid coc.  XXXXXXX provide evidence of refund along with XXXX to borrower and XXXXX reflecting cure.  XXXX must be issued within XXX days of consummation pccd and cure provided   Reviewer 09/02/2026 09:47 AM; No documentationprovided

 Reviewer 09/08/2026 08:24 AM; No documentation proovided

   09/22/2026   B 2 XXXXXXXXXX NV 1 1 C   B   C   A   C   B   A   A     Non-QM 1
1704716 XXXXXXX XXXXXXXXXXX 14983421 326 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Evidence Satisfaction of Debt   XXXXXXXXXXX for the XXXXX loan program require all delinquent debts/tax liens/child support be addressed and paid prior to or at closing. XXXX lien in the amount of XXXXXXXXXXX was not paid off at closing and file is missing the required payment documentation or proof the tax lien was paid in full and satisfied.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXXX of XXXX months via cash in hand proceeds to borrower at closing; experienced investor; XXX property with well supported value       02/23/2026 B 2 XXXXXXXXXX FL 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1704716 XXXXXXX XXXXXXXXXXX 14983422 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXXXXXXXXXX for the XXXXX loan program require evidence of good standing for XXXXXXXXX formed greater than XXX months for the state the entity was formed in. WY state XXXXX XXXXXXXXX XXXXX provided      02/24/2026     A 1 XXXXXXXXXX FL 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1705189 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15290657 272 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXX subject property has short-term units when the XXXXX XXXXX XXXXX XXXXXXXX does not permit short-term units.   Client waived with compensating factors:  XXXX XXXXX when XXXX is the minimum; XXXXXXX months reserves when XX months is the minimum; XXXXXX XXXXX when XXXXXX is the minimum allowed /       09/14/2026 B 2 XXXXXXXXXX SC 3 3 C   B   A   A   N/A N/A C   B     Exempt 1
1705190 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15290658 272 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXX guidelines the minimum unit size for each individual unit is XXXX sq ft. XXXX units are unit XXXX sq ft.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXX XXXXXXXX XXXXXXXXX of XXXXXXX months; XXXXXXXXXXX XXXXX of XXXX and XXXXXXX XXXXX XX x XXX within the last XXX months.        09/11/2026 B 2 XXXXXXXXXX SC 3 13 C   B   C   B   N/A N/A C   B     Exempt 1
1705190 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15290659 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXXXXX XXXXX XXXXXXX not allowed under the XXXXX XXXXX XXXXX XXXXXXX   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXX XXXXXXXX XXXXXXXXX of XXXXXXX months; XXXXXXXXXXX XXXXX of XXXX and XXXXXXX XXXXX XX x XXX within the last XXX months.        09/11/2026 B 2 XXXXXXXXXX SC 3 13 C   B   C   B   N/A N/A C   B     Exempt 1
1705191 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15290660 898 XXXXXXXXXX Compliance Compliance   Compliance - TRID- Fee Tolerance Violation   XXXXX tolerance violation of XXXXXXXXXX due to addition of XXXXXXXXX fee with no valid coc.  XXXXXXX provide evidence of refund along with XXXX to borrower and XXXXX reflecting cure.  XXXX must be issued within XXX days of consummation Information provided   Reviewer 09/08/2026 08:22 AM; No documentation provided

 09/09/2026     A 1 XXXXXXXXXX TX 1 1 D   B   D   B   C   A   A   A     Non-QM 1
1705191 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15290661 447 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - 2yr Employment history not verified   XXXXXXXXX XX has less than a XX year XXXXXXXXXXXXXXXX history under the XXXX statement program XX years is required.   Client waived with compensating factors: XXXX borrower has a XXX year credit history. XXXX XXXX is XXXX with a max of XXXXXX XXXX residual income is XXXXXXXXXXXX and the required residual income is XXXXXXXXXXXXX       09/01/2026 B 2 XXXXXXXXXX TX 1 1 D   B   D   B   C   A   A   A     Non-QM 1
1705192 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15290663 758 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit - PITIA for other REO incorrect/not included in debt ratio   XXXXXX reflects XXXX dues are required for the primary residence located on XXXXXXX XXXXX XXXXX and the additional investment property located on XXXXXX XXXXXXXXX XXXX XXXXXXX however, the file is missing verification of the XXXX dues for both properties. Received corrected XXXXX and XXXX   Reviewer 09/08/2026 03:51 PM; Received XXXXXXX page that reflects XXXX of XXXXX per month for XXXX XXXXXXX XXXXX XXXXXXX XXX for refinance of XXXXXX XXXXXXXXX XXXX XXXXXX reflects XXXX of XXXXXXXX XXXXXXXX the XXXXX and XXXXX with the XXXX monthly payments included for the XXXXX

 Reviewer 09/09/2026 09:25 AM; The documents provided have been previously reviewed. XXXXXXXX documents requested on XXXXXXXX

 09/09/2026     A 1 XXXXXXXXXX FL 3 1 D   B   D   A   N/A N/A C   B     Exempt 1
1705192 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15290664 758 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit - PITIA for other REO incorrect/not included in debt ratio   XXXX borrower is refinancing the investment property located on XXXXXX XXXXXXXXX XXXX XXXXXXX however, the file is missing verification of the new XXXX for that property. Payment letter provided      09/04/2026     A 1 XXXXXXXXXX FL 3 1 D   B   D   A   N/A N/A C   B     Exempt 1
1705192 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15290665 320 XXXXXXXXXX Credit UW Assets   UW Assets - UW - Asset Other   XXXX borrower is using cash-out proceeds from the refinance of the property located on XXXXXX XXXXXXXXX XXXX XXXXXXX however, the final XXXXXXXX XXXXXXXXXXX for the transaction is not in the file. XX copy of the final XXX with proceeds of at least XXXXXXXXX is required. CD provided      09/04/2026     A 1 XXXXXXXXXX FL 3 1 D   B   D   A   N/A N/A C   B     Exempt 1
1705192 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15290666 437 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Missing/Incomplete Verbal VOE   XXXX file is missing the XXXXX for both borrowers within XXX days of funding. VVOE dated XXXXXXXXXX provided      09/04/2026     A 1 XXXXXXXXXX FL 3 1 D   B   D   A   N/A N/A C   B     Exempt 1
1705186 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291137 868 XXXXXXXXXX Credit Hazard Insurance   Hazard Insurance - Other:   XXXXXXX provide updated hazard policy with the annual premium amount listed.     Client 09/15/2026 07:41 PM; Processor XXXXX in file confirms annual premium. XXXXXX you.

 Reviewer 09/16/2026 04:16 AM;

 Reviewer 09/16/2026 10:31 AM; Hello
XXXXX has been cleared.

XXXXXX

 09/16/2026     A 1 XXXXXXXXXX AZ 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1705186 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291138 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXXXXXX will not finance more than XXXX of the units in any one project. XXXXXXX condo where all XX units owned by brw. XXXXX investor concentration. XXXXXXX mgmt approval.   Client waived with compensating factors: XXXXXXXXX investor with XXXX XXXXX and XXXXXXXX XXXXX where a minimum XXXX XXXXX required for a XXXX XXXXX       09/15/2026 B 2 XXXXXXXXXX AZ 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1705187 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291139 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXXXXXX will not finance more than XXXX of the units in any one project. XX unit condo where all XX units owned by brw. XXXXX investor concentration. XXXXXXX mgmt approval.   Client waived with compensating factors: XXXXXXXXX investor with XXXX XXXXX and XXXXXXXX XXXXX where a minimum XXXX XXXXX required for a XXXX XXXXXX        09/15/2026 B 2 XXXXXXXXXX AZ 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1705192 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15290667 272 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXXXXXXXXX require property to be at least XXXX square feet. XXXX subject property is XXXX square feet. XXXXXXX approved exception in file.   XX.XX% XXXXX XXXX allowed. XXXXXXXX XXXXX XXXX allowed. XXXX credit score, XXXX required. XXXXXXXX in residual income, XXXXXXXX required. XXXXX XXX months in reserves, no reserves are required.        09/03/2026 B 2 XXXXXXXXXX FL 3 1 D   B   D   A   N/A N/A C   B     Exempt 1
1705193 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15290670 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXXX subject property is under the required minimum square footage of XXXXXX XXXXXXX square footage is XXXXX   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXX XXXX XXXX XXXX reserves representing XXXXXXX months XXXX XXXXX mortgage payment history since XXXXXXXXXX        09/03/2026 B 2 XXXXXXXXXX FL 3 13 D   B   D   B   N/A N/A A   A     Exempt 1
1705193 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15290671 436 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Missing/Incomplete VOE   XXXXXXXX verbal verifications of employment for both borrowers obtained within XXX business days prior to the note date of XXXXXXXXXXX VVOE dated XXXXXXXXXX provided      09/04/2026     A 1 XXXXXXXXXX FL 3 13 D   B   D   B   N/A N/A A   A     Exempt 1
1705194 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15290672 862 XXXXXXXXXX Credit Deed of Trust/Mortgage   Deed of Trust/Mortgage - Other:   XXXX XXXXXXXX XX is missing from file. XXXXXXX provide, along with XXXX to re-record and corrected copy of XXXXXXXXX     Client 09/14/2026 11:52 AM; Collateral XXXXXXXX with XXXXXXXX XX uploaded to file. XXXXXX you.

 Reviewer 09/14/2026 12:08 PM;

 Reviewer 09/14/2026 01:19 PM; Hello
XXXXX has been cleared.

XXXXXX

 09/14/2026     A 1 XXXXXXXXXX IL 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1705194 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15290673 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXX XXXXXXXXXXXX condos - XXX more than XXXX of the total units in the project may be more than XXX days past due on their condominium XXXX fees. XXXXXXXX is at XXXXXX XXXXXXXXXX XXXXXXXXX from senior management allowing XXXXX XXX days past due.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXX of XXXX where the max allowed is XXXXX XXXX months reserves when only XX months required, XXXXXXXXXX current mortgage payment history and XXXX fico score where the minimum required is XXX       09/10/2026 B 2 XXXXXXXXXX IL 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1705196 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15290674 271 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Collateral not acceptable/warrantable   XXXXXXXXXXX require all units have a minimum of XXXX sqft.  XX of XX units have XXXX sqft each.   Client waived with compensating factors: XXXX XXXXX when XXXX is the minimum; XXXXXX XXXXX when XXXXXX is the minimum; XXXXXXXX XXXX when XXXXXXXX is the maximum; XXXXXXX months reserves when only XX months is required.        09/10/2026 B 2 XXXXXXXXXX MI 3 13 D   B   C   B   N/A N/A D   B     Exempt 1
1705196 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15290675 271 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Collateral not acceptable/warrantable   XXXXXXXXXX states area is zone XXX for XXXXXXX XXXXXXX XXXXXXXXXXXX and the subject property does not conform to the current zoning regulations.   Client waived with compensating factors: XXXX XXXXX when XXXX is the minimum; XXXXXX XXXXX when XXXXXX is the minimum; XXXXXXXX XXXX when XXXXXXXX is the maximum; XXXXXXX months reserves when only XX months is required.        09/14/2026 B 2 XXXXXXXXXX MI 3 13 D   B   C   B   N/A N/A D   B     Exempt 1
1705196 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15290676 422 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Legible report/photos required   XXXXXXXXXX is missing interior photos for XXXXXX XXXX and XXXXX   Client waived with compensating factors: XXXX XXXXX when XXXX is the minimum; XXXXXX XXXXX when XXXXXX is the minimum; XXXXXXXX XXXX when XXXXXXXX is the maximum; XXXXXXX months reserves when only XX months is required.        09/14/2026 B 2 XXXXXXXXXX MI 3 13 D   B   C   B   N/A N/A D   B     Exempt 1
1705196 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15290677 272 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXXXXXXXX is missing the XXXXXXX XXXXXXXX per XXXXXXX  XXXXX the total XXXXXXX XXXXXXXX of XXXXX is given.   Client waived with compensating factors: XXXX XXXXX when XXXX is the minimum; XXXXXX XXXXX when XXXXXX is the minimum; XXXXXXXX XXXX when XXXXXXXX is the maximum; XXXXXXX months reserves when only XX months is required.        09/14/2026 B 2 XXXXXXXXXX MI 3 13 D   B   C   B   N/A N/A D   B     Exempt 1
1705196 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15290678 423 XXXXXXXXXX Credit UW Collateral   UW Collateral - UW - Appraisal Correction/Clarification   XXXX XXXXXXXX XXXXXXXXXXX XXXXXXXX and XXXXXXXXX count on page XX does not match the XXXXXXXX and XXXXXXXXX count on page XXX   Client waived with compensating factors: XXXX XXXXX when XXXX is the minimum; XXXXXX XXXXX when XXXXXX is the minimum; XXXXXXXX XXXX when XXXXXXXX is the maximum; XXXXXXX months reserves when only XX months is required.        09/14/2026 B 2 XXXXXXXXXX MI 3 13 D   B   C   B   N/A N/A D   B     Exempt 1
1705197 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15290679 998 XXXXXXXXXX Credit UW Other   UW Other - UW - Title Commitment is missing or requires correction.   XXXXXXXXXXXX XXXXXX report did not provide the loan policy amount. XXXXXX XXXXXX or XXXXXXXXXXXXX XXXXXXX is required to verify the policy amount is sufficient to cover the loan amount. Supplemental XXXXXXX provided with sufficient policy coverage. XXXXXXXXX     09/11/2026     A 1 XXXXXXXXXX CA 3 1 D   A   D   A   N/A N/A A   A     Exempt 1
1705197 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15290680 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXXX file is missing the credit report for the borrower, XXXXXXXXX Credit report provided. XXXXXXXXX   Reviewer 09/10/2026 01:47 PM; Return to XXX for review when credit report is provided.

 Reviewer 09/11/2026 04:14 PM; Document received and file returned to XXXXXXX XXX for review

 09/11/2026     A 1 XXXXXXXXXX CA 3 1 D   A   D   A   N/A N/A A   A     Exempt 1
1705198 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15705852 861 XXXXXXXXXX Credit Note   Note - Other:   XXXX XXXXXXXXX XXXXXXXX from file non-material, note and rider are dated   Reviewer 09/23/2026 10:18 AM; PPP XXXXXXXXX to XXXXX is signed but not dated.  XXXXXXXXX musst be dated by the borrowers

 Client 09/23/2026 03:38 PM; PP XXXXXXXXX reflects date on the XXXXX page. XXXXXX you.

 Reviewer 09/23/2026 04:01 PM;

 Reviewer 09/24/2026 11:10 AM; Hello
XXXX signature line on the XXXX addendum also has a spot for the date and it is not dated.  XXXXXXX provide XXXX addendum that is both signed and dated by borrower.

XXXXXX

 Client 09/24/2026 01:32 PM; Per our legal department, it has a date on it, adding a date on the rider doesn’t affect the transaction date of the XXXXX or other documents. XXXXXXX clear or escalate further. XXXXXX you.

 Reviewer 09/24/2026 03:40 PM;

 Reviewer 09/25/2026 12:35 PM; Hello
XXXXX has been cleared.

XXXXXX

 10/15/2026     A 1 XXXXXXXXXX MN 3 3 D   A   D   A   N/A N/A A   A     Exempt 1
1705198 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15705853 340 XXXXXXXXXX Credit UW Other   UW Other - UW - Insurance Missing (MI or Project)   XXX per XXXXXXXXX guidelines, a minimum of XX months rental loss income is required. Received XXXX with loss of rents     09/17/2026     A 1 XXXXXXXXXX MN 3 3 D   A   D   A   N/A N/A A   A     Exempt 1
1705199 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15290686 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXX management approval for units less than XXXX sf and credit expiration extended to XXXX days.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXX months reserves when only XXX months required and XXXX fico score where the minimum required is XXX       09/02/2026 B 2 XXXXXXXXXX CA 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1705200 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15290687 434 XXXXXXXXXX Credit UW Assets   UW Assets - UW - Shorts Funds for Reserves   XXXXXXXXXXXX XXX months reserves required, sr management approved XX mo reserves, actual XXXXXX months reserves verified.   COMPENSATING XXXXXXXXX XXXXXXX waived w/comp factors: XXXXXXXXXXXX investor, XXXXX XXXX when min XXXXX required is XXXXX XXXXX XXXXXX when required XXXXXXXXXXX excellent mtg history.       08/31/2026 B 2 XXXXXXXXXX AZ 3 3 C   B   C   B   N/A N/A A   A     Exempt 1
1705202 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15290689 272 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXXXXXX XXXXXX use property. XX commercial and XX residential units   Client waived with compensating factors: XXXXXXXXX is a seasoned investor, XXXXXXXXX history dates back to XXXXX with no late payments, XXXXX greater than XXXXXXX        08/31/2026 B 2 XXXXXXXXXX CT 3 1 C   B   A   A   N/A N/A C   B     Exempt 1
1705203 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15290690 998 XXXXXXXXXX Credit UW Other   UW Other - UW - Title Commitment is missing or requires correction.   XXXXX amount is XXXXXXXXXXXX XXXXXX insurance amount shows XXXXXXXXX XXXXXX to be the same as the loan amount. Received revised title     08/31/2026     A 1 XXXXXXXXXX ME 3 3 D   B   D   B   N/A N/A C   A     Exempt 1
1705203 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15290691 260 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Report Incomplete   XXXXXX square footage is missing. Received square footage for all units (page XXX of XXXX     09/28/2026     A 1 XXXXXXXXXX ME 3 3 D   B   D   B   N/A N/A C   A     Exempt 1
1705203 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15290692 260 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Report Incomplete   XXXXX to know each units square footage as it needs to meet program guidelines of a minimum of XXXX XXX per unit. Received square footage for all units (page XXX of XXXXX all XXXX XXX or more     09/28/2026     A 1 XXXXXXXXXX ME 3 3 D   B   D   B   N/A N/A C   A     Exempt 1
1705203 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15290693 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXX per XXXXXXXXX guidelines, the maximum mortgage rating is XXXXXXXXXX XXXXXXXXX has an isolated XXXXXXXXX   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXX XXXXX is XXXXXXXX XXXXX XXXXX is XXXXXXXX XX mortgage with a XXXXXXXX credit history. XXXXXXXX on other mortgages. XXXX months reserves are required. XXXXX has XXXXXXX months reserves.       08/28/2026 B 2 XXXXXXXXXX ME 3 3 D   B   D   B   N/A N/A C   A     Exempt 1
1705204 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15706204 272 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXXXXXXXXX for the XXXXX unit XXXXX loan program require all units to be a minimum of XXXX square feet. XXX square footage of each unit was provided by the appraiser. Received XXX XXX all over XXXX XX     09/28/2026     B   2 XXXXXXXXXX ME 3 13 C   B   C   B   N/A N/A C   B     Exempt 1
1705204 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15706205 272 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXXXXXXXXX for the XXXXX unit XXXXX loan program reflect XXXXXX properties are not allowed. XXXXXXXX property is located in a XXXXXX area.   Client waived with compensating factors: XXXX middles XXXXX score; tradelines back to XXXXXX own several multifamily properties.       08/31/2026 B 2 XXXXXXXXXX ME 3 13 C   B   C   B   N/A N/A C   B     Exempt 1
1705204 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15706206 272 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXXXXXXXXX for the XXXXX unit XXXXX loan program require appraisal to be from the lender. XXXXXXXXXX provided was from a company other than the lender.   Client waived with compensating factors: XXXX middles XXXXX score; tradelines back to XXXXXX own several multifamily properties.       08/31/2026 B 2 XXXXXXXXXX ME 3 13 C   B   C   B   N/A N/A C   B     Exempt 1
1705204 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15706207 272 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXXXXXXXXX for the XXXXX unit XXXXX loan program do not allow a mixed use property. XXXXXXXX property is composed of studio units and a commercial area.   Client waived with compensating factors: XXXX middles XXXXX score; tradelines back to XXXXXX own several multifamily properties.       08/31/2026 B 2 XXXXXXXXXX ME 3 13 C   B   C   B   N/A N/A C   B     Exempt 1
1705204 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15706208 328 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Satisfactory 12 mth Mortgage   XXXXXXXXXXX for the XXXXX unit XXXXX loan program require a XXXXXXXX mortgage history. XXXXXXXXXX have a XXXXXXXX mortgage history.   Client waived with compensating factors: XXXX middles XXXXX score; tradelines back to XXXXXX own several multifamily properties.       08/31/2026 B 2 XXXXXXXXXX ME 3 13 C   B   C   B   N/A N/A C   B     Exempt 1
1705205 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15290699 434 XXXXXXXXXX Credit UW Assets   UW Assets - UW - Shorts Funds for Reserves   XX months verified reserves < XXX months minimum reserves required under the XXXXX XXXXX XXXXX XXXXXXXX with a XXXX XXXXXXXXXXXXX dwelling.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXXX investor, XXXXX of XXXXXXX where the minimum required is XXXXXX XXXX fico score where the minimum required is XXXXX and mortgage history reflected on credit dating back to XXXXXX       08/31/2026 B 2 XXXXXXXXXX IL 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1705205 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15290700 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXXXXX credit report for XXXXXXXXX XXXX for XXXX history XXXXXXXX and credit hitory.       08/31/2026     A 1 XXXXXXXXXX IL 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1705205 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15290701 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXXXXX final XXXXXXXX XXXXXXXXXXXX       08/31/2026     A 1 XXXXXXXXXX IL 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1705205 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15290702 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXXXXX final XXXXXXXX XXXXXXXXXXXX Information provided     09/01/2026     A 1 XXXXXXXXXX IL 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1705205 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15290703 320 XXXXXXXXXX Credit UW Assets   UW Assets - UW - Asset Other   XX final, signed, closing disclosure was not provided. Received final, signed, closing disclosure     09/03/2026     A 1 XXXXXXXXXX IL 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1705206 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15290704 884 XXXXXXXXXX Compliance Compliance   Compliance - Pending Internal completion of compliance fee tests.  Additional conditions may apply.     Information provided     08/17/2026     A 1 XXXXXXXXXX MI 2 1 C   A   A   A   C   A   A   A     Non-QM 1
1705206 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15290705 898 XXXXXXXXXX Compliance Compliance   Compliance - TRID- Fee Tolerance Violation   XXXXXXXXXX exceeded by XXXXX due to the increase in credit report with no XXXXX please provide proof of refund, XXXX and XXXXX reflecting the cure within XXX days of consummation XXXXXXXXX Information provided     08/17/2026     A 1 XXXXXXXXXX MI 2 1 C   A   A   A   C   A   A   A     Non-QM 1
1705206 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15290706 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXXXXX the signed final XXX for the XXXXXXX loan.       08/11/2026     A 1 XXXXXXXXXX MI 2 1 C   A   A   A   C   A   A   A     Non-QM 1
1705209 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15290707 897 XXXXXXXXXX Credit Compliance   Compliance - TRID CD- Other   XXXXXXXX XXX signed at closing or final XX Information provided   Client 09/08/2026 06:34 PM; Signed XXX uploaded to file. XXXXXX you.

 Reviewer 09/08/2026 06:40 PM;

 Reviewer 09/09/2026 11:17 AM; Thank you! XXXXX has been cleared.

 09/09/2026     A 1 XXXXXXXXXX PA 3 1 C   A   C   A   N/A N/A A   A     Exempt 1
1705209 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15290708 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXXXXX XXXXXX signed closing disclosure.       09/08/2026     A 1 XXXXXXXXXX PA 3 1 C   A   C   A   N/A N/A A   A     Exempt 1
1705213 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15290709 424 XXXXXXXXXX Credit UW Collateral   UW Collateral - UW - Appraisal Report invalid or expired   XXXX appraisal is over the required expiration of XXXX days at XXXX days. XXXXXXXXXXXXXXXX of value is required.   Client waived with compensating factors: XXXX XXXXX is over the minimum of XXXXXX at XXXXXXXX XXXX borrower is a seasoned investor with XX years ownership. XXXX borrower has XXX months reserves and required the required reserves are XX months.       09/09/2026 B 2 XXXXXXXXXX FL 3 13 D   B   D   B   N/A N/A A   A     Exempt 1
1705215 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15290710 271 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Collateral not acceptable/warrantable   XXXX subject property is not an acceptable property type. XXXX guidelines do not allow a XXXXXX XXXXX property under the XXXXX XXXXX XXXXX program. XXXX property is a XXXXXX XXXXX XX XXXXX property. XXXXXXX approved exception in file.   X years experience, XX year required. XXXX XXXXX XXXX allowed. XXXXXX XXXXX ratio, XXXXX required. over XXX months reserves, XX months required.        08/31/2026 B 2 XXXXXXXXXX PA 3 13 C   B   A   A   N/A N/A C   B     Exempt 1
1705216 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15290711 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXX management approval allow for XXX loan closings to one applicant.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXX months reserves when only XX months required, Reviewer 09/04/2026 04:34 PM;

    09/04/2026 B 2 XXXXXXXXXX IL 3 3 C   B   C   B   N/A N/A A   A     Exempt 1
1705216 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15290712 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXXXXX loan amount per program is XXXXXXXXX   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXX months reserves when only XX months required       09/08/2026 B 2 XXXXXXXXXX IL 3 3 C   B   C   B   N/A N/A A   A     Exempt 1
1705216 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15290713 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXX mgmt approved use of XXXXXX demonstrating payments made/accepted as sufficient evidence private mortgages have been extended.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXX months reserves when only XX months required,       09/04/2026 B 2 XXXXXXXXXX IL 3 3 C   B   C   B   N/A N/A A   A     Exempt 1
1705218 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15290715 850 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Escalated for 2nd review.    XXXXXX XXX loan closings to one applicant.   Client waived with compensating factors: XXXXXXXXX has been a homeowner for XX years, XXXXXXXXX has XX years credit history with no delinquencies. XXXXX XXXX where XXXX is minimum required.       09/10/2026 B 2 XXXXXXXXXX IL 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1705219 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291061 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXXXXXXXX state XXXXXXXXXXXXXXX does not allow XXXXXXXXXXX subject is a condotel XXXXXXX of XXXXX   COMPENSATING XXXXXXXXX XXXXXXX XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXX experience investor, XXXXX XXXX when min required is XXXXX XXXXXXXXX XXXX when max allowed is XXXXX XXXXXXX months reserves when only XXX months required.       08/21/2026 B 2 XXXXXXXXXX CO 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1705219 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291062 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXX of XXXXXX XXXXX XXXXX requires XXXXX XXXXXX XXXXXXXX XXXXX is XXXXXX using XXXXXXX rent. XXXXXXXXXX required for XXXXX of XXX with XXXXX   Client XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXX experience investor, XXXXX XXXX when min required is XXXXX XXXXXXXXX XXXX when max allowed is XXXXX XXXXXXX months reserves when only XXX months required.       08/24/2026 B 2 XXXXXXXXXX CO 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1705220 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291063 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXX approval reflected the trust structure is an exception that the legal department has reviewed and approved as an exception.   Client waived with compensating factors: XXXXXXXXX XXXXX XXXX when XXXX minimum required; XXXXX XXXXXXX million in assets; credit paid as agreed       08/20/2026 B 2 XXXXXXXXXX NV 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1705221 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291064 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXX is missing final XXXXX for both bridge loans and credit report for XXXXXXXX XXXXXXXX       09/11/2026     A 1 XXXXXXXXXX ID 1 1 C   B   C   B   A   A   A   A     Safe Harbor QM (APOR) 1
1705221 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291065 322 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit - Minimum FICO   XXXXXXXX mid scores lower than guideline minimum of XXXXXX  XXXXXXXXX have scores of XXXXXX   Client waived with compensating factors: XXXXXXXXXXX XXXXXXXXX income where XXXXXXX is required, XXX months reserves where XX is required. XXXX XXXX of XXXXXXXX where XXX is max allowed.       09/12/2026 B 2 XXXXXXXXXX ID 1 1 C   B   C   B   A   A   A   A     Safe Harbor QM (APOR) 1
1705221 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291066 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXXXXX two bridge loans to one purchase with XX borrowers (different borrowers on each loan). XXXXXXXXX with cross collateralization.   Client waived with compensating factors: XXXXXXXXXXX XXXXXXXXX income where XXXXXXX is required, XXX months reserves where XX is required. XXXX XXXX of XXXXXXXX where XXX is max allowed.       09/12/2026 B 2 XXXXXXXXXX ID 1 1 C   B   C   B   A   A   A   A     Safe Harbor QM (APOR) 1
1705221 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291067 392 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Debt Clarification   XXXXXXXXX excluding student loan payment from XXXXXXXX under XXX months from renewal.   Client waived with compensating factors: XXXXXXXXXXX XXXXXXXXX income where XXXXXXX is required, XXX months reserves where XX is required. XXXX XXXX of XXXXXXXX where XXX is max allowed.       09/12/2026 B 2 XXXXXXXXXX ID 1 1 C   B   C   B   A   A   A   A     Safe Harbor QM (APOR) 1
1705222 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291070 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXXXXXXXXX XXXXXXXX - payment XXXXXXXXX balance XXXXXXXX - payment was not included in ratios. XXXXXXXX was not paid at close, verification paid by another or already paid and XXXX balance missing from the file. XXXXXX XXXXXXX business statements reflect XX monthly payment; however, unable to locate other payments in any other business XXXX statements. This is the same account, credit reporting and statements do not always show the full account number: XXXXXXXXX only has one account with this creditor and the XXXXXXX limit matches. X   Reviewer 09/01/2026 07:25 AM; Note: XXXXXXXXXXX ratios exceed guidelines if payment is not documented as be omitted.

 Reviewer 09/01/2026 05:52 PM; The account statement XXXXXXX provided does not have the same account number as reflected on the credit report XXXXXXXXX

 Client 09/02/2026 01:53 PM; This is the same account, credit reporting and statements do not always show the full account number:&#x0D;
XXXXXXXXX only has one account with this creditor and the XXXXXXX limit matches. XXXXXX you. &#x0D;


 Reviewer 09/02/2026 02:58 PM; Condition has been reviewed

09/02/2026     A 1 XXXXXXXXXX FL 1 13 C   A   C   A   A   A   A   A     Non-QM 1
1705224 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291073 998 XXXXXXXXXX Credit UW Other   UW Other - UW - Title Commitment is missing or requires correction.   XXXX loan amount is XXXXXXXXXXXX but the XXXXXX insurance is only for XXXXXXXXXXXXXX XXXXXX to be the same as the loan amount or higher. Supplemental XXXXXXX provided      09/04/2026     A 1 XXXXXXXXXX WA 3 13 D   A   D   A   N/A N/A A   A     Exempt 1
1705226 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291075 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXX minimum XXXXX requirement for a XXXXX XXXX at XXXX XXXX is XXXXXX XXXXXXXXX in file to allow XXXX with a XXXX XXXXXXX   Client waived with compensating factors: XXX months reserve when the minimum requirement is XX months; experienced investor and homeowner.        08/20/2026 B 2 XXXXXXXXXX FL 3 3 C   B   C   B   N/A N/A A   A     Exempt 1
1705227 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291076 351 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW - DTI exceeds maximum limit   XXXXXXXXX XXXX > XXXX XXXX maximum with XXXX at XXXX which is > XXXX per XXXXXXXXXXXX XXXXX XXXXXXXXXX XXXXXXXX guidelines.   Client XXXXXXX with compensating XXXXXXXX - XXXXX XXXXX min XXXXX experienced homeowner, XXXXXXXXX income XXXXXXXXX       08/26/2026 B 2 XXXXXXXXXX FL 1 1 C   B   C   B   A   A   A   A     Non-QM 1
1705228 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291077 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXXX XXXXXXX XXXXX XXXXXXXX XXXXXXXXXXX reflects the bridge loan is associated with the property located on XXXXXXXXXXXXX XXXX however, the unsigned XXXXXXXX XXXXXXXXXXX provided reflects the property is located on XXXXXXXXXXXX XXXXXXX XXXX XXXXXX XXXXXXXXX reflects the bridge loan is on the second home in XXX which is the property located XXXXXXXXXXXXX XXX and the departing residence located on XXXXXXXXXXXX XXXXX is to be converted to a rental.  XXXXXXXXXXXXXX on which property is being used for the XXXXXXX loan is required.  XXX the departing residence is being used for the XXXXXXX loan as reflected on the XXXXXXXX XXXXXXXXXXXX the property cannot be converted to a rental property and the full XXXXXX for the second home in XXX will need to be added to the XXXXX Received signed bridge loan XX   Reviewer 09/10/2026 11:49 AM; Received unsigned bridge loan XXX for XXXXX XX XXXXXXXXXXXX XXX (departing primary) with proceeds of XXXXXXXXXXXX XXXXXXXX the final XXXXXXX loan XXX signed and dated.

 09/11/2026     A 1 XXXXXXXXXX AZ 1 1 C   A   C   A   A   A   A   A     Safe Harbor QM (APOR) 1
1705230 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291081 350 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW - LTV/CLTV does not meet parameters   XXXXXXXXXXXX XXXXX unit, XXXX refi, XXX max XXXX allowed is XXXX XXXXXXXXXXX XXXX XXXX requires exception. Received approval for XXXX XXX     09/11/2026     A 1 XXXXXXXXXX OR 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1705230 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291082 357 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW - Cash Back Exceeds Limit   XXXXXXXXXXXX max XXXX in hand XXXXXXX XXXXXXXXXX XXXXXXXXX XXXXX out in hand over XXXXXX   COMPENSATING XXXXXXXXX XXXXXXX XXXXXXX XXXXXXX XXXXXXXXX XXXXX XXXX when min XXXXX required is XXXXX XXXXX XXXXXXX when min required is XXXXX XXXXXX XXXXXXX months reserves when only XX months reserves is required, XXXXXXXXX investor       09/11/2026 B 2 XXXXXXXXXX OR 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1705232 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291087 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXXX XXXXXXXXXXXXXX statement for XXXXXXX loan to provide XXXXX       08/31/2026     A 1 XXXXXXXXXX WI 1 1 D   A   D   A   A   A   A   A     Safe Harbor QM (APOR) 1
1705232 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291088 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXXXXX XXXXXX XXXXXXXXXXXXXX for XXXXXX XXXX XXXXXXXX XXX cash-out to provide XXXX for subj property. Provided     08/31/2026     A 1 XXXXXXXXXX WI 1 1 D   A   D   A   A   A   A   A     Safe Harbor QM (APOR) 1
1705232 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291089 437 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Missing/Incomplete Verbal VOE   XXXXXXXXX final XXXX missing from file. Received XXXXXXXXX XXX   Reviewer 09/01/2026 05:55 PM;  

 09/01/2026     A 1 XXXXXXXXXX WI 1 1 D   A   D   A   A   A   A   A     Safe Harbor QM (APOR) 1
1705233 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291091 455 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW - Does not meet requirement for Financed Prop   XXXXXX XXXXXXXXXXX are ineligible for the XXXXX program.   Client waived with compensating factors:  XXXXXXXX XXXX when XXXX is the maximum; XXXXXX XXXXX when XXXXXX is the minimum; XXXX XXXXX score when XXXX is the minimum.       09/09/2026 B 2 XXXXXXXXXX NC 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1705234 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291092 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXX management approval for unit XX XXXX sq ft, unit XX XXXX sq ft, and non approved XXXXXX XXXXX waived verification of XXXX history/utilize pay history provided - cannot verify who pays/received payments with what was provided.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXX months reserves when only XX months required. Reviewer 09/01/2026 07:24 AM;

    09/01/2026 B 2 XXXXXXXXXX NY 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1705235 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291094 898 XXXXXXXXXX Compliance Compliance   Compliance - TRID- Fee Tolerance Violation   XXX tolerance violation for addition of XXXXXXXXXXXXX XXXX without a valid XXXXXX XXXXXXXXXX was completed subject to on XXXXXXXXXXXX XXXXXX tolerance violation of XXXXXXXXXXXX XX refund in the amount of XXXXXXXXXX along with XXXXX XXXX lox to borrower, copy of refund check and proof of delivery required within XXX days from consummation date of XXXXXXXXXXX     Client 09/02/2026 05:01 PM; The changed circumstance was the original appraisal exceeded XXXX days, requiring a reinspection to confirm the property value. XXXXXX you.

 Reviewer 09/02/2026 05:47 PM;

 Reviewer 09/03/2026 01:44 PM; Hello&#x0D;
XXXXX has been cleared.&#x0D;
&#x0D;
XXXXXX

 09/03/2026     A 1 XXXXXXXXXX FL 1 13 C   A   A   A   C   A   A   A     Non-QM 1
1705235 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291095 902 XXXXXXXXXX Compliance Compliance   Compliance - Pending internal completion of TRID compliance review for disclosure timing and or fee tolerance comparisons.  Additional conditions may apply.           09/03/2026     A 1 XXXXXXXXXX FL 1 13 C   A   A   A   C   A   A   A     Non-QM 1
1705236 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291096 998 XXXXXXXXXX Credit UW Other   UW Other - UW - Title Commitment is missing or requires correction.   XXXX XXXXXX insurance amount is XXXXXXXXXX but the loan amount is XXXXXXXXXXXX XXXX title insurance amount must be the same or greater than the loan amount. Received revised title     09/10/2026     A 1 XXXXXXXXXX AK 3 13 D   A   D   A   N/A N/A A   A     Exempt 1
1705237 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291097 328 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Satisfactory 12 mth Mortgage   XXXX guidelines require a mortgage rating of XXXXXXXXXX XXXX departing residence XXXXXXX XXX reflects a payoff to a third party private lender; in addition, the file contains a XXXXXXXXXXX XXXXXXXXXX that verifies the private mortgage was opened in XXXXXXXXXX XXXX file does not contain the XXXX and pay history.   XXX XXXXXXX XXXXXXX XXXX is required. XXXXXXXX in XXXXXXXXX XXXXXXXX XXXXXXXX is required. XXXXX XXX months of reserves, XX months is required.        08/20/2026 B 2 XXXXXXXXXX FL 1 1 C   B   C   B   A   A   A   A     Non-QM 1
1705237 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291098 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   he guidelines allow a payment shock of XXXXX XXXX loan closed with a payment shock of XXXXXXXX XXXXXXX approved exception in file.   XXX XXXXXXX XXXXXXX XXXX is required. XXXXXXXX in XXXXXXXXX XXXXXXXX XXXXXXXX is required. XXXXX XXX months of reserves, XX months is required.        08/20/2026 B 2 XXXXXXXXXX FL 1 1 C   B   C   B   A   A   A   A     Non-QM 1
1705238 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291099 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXX is missing full credit report for XXXX XXXXX       09/01/2026     A 1 XXXXXXXXXX CA 1 13 A   A   A   A   A   A   A   A     Safe Harbor QM (APOR) 1
1705239 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291100 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXX is missing the XXXXXX XXX for the XXXXXXX loan.       08/21/2026     A 1 XXXXXXXXXX NV 3 1 A   A   A   A   N/A N/A A   A     Exempt 1
1705240 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291101 884 XXXXXXXXXX Compliance Compliance   Compliance - Pending Internal completion of compliance fee tests.  Additional conditions may apply.           08/24/2026     A 1 XXXXXXXXXX TX 1 1 C   A   C   A   C   A   A   A     Non-QM 1
1705240 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291102 384 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Self-Employment status required   XXXX in file is from XXXXXXXXXX XXXXX a current one. Received current XXX     08/27/2026     A 1 XXXXXXXXXX TX 1 1 C   A   C   A   C   A   A   A     Non-QM 1
1705240 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291103 434 XXXXXXXXXX Credit UW Assets   UW Assets - UW - Shorts Funds for Reserves   XXXXX is short reserves. XXXXX XXXXXX mo reserves have been verified. XX months reserves are required. Received XXX XXXXX approval for reserves.     08/25/2026     A 1 XXXXXXXXXX TX 1 1 C   A   C   A   C   A   A   A     Non-QM 1
1705241 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291104 272 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXXXXXXXX notes XX bedrooms are missing carpet and only have subflooring. XXXXXXXXXX approval from senior management to waive need escrow holdback for repairs.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXXXX reserves when only XXXXXXX required, XXXXXXXXXX current mortgage payment history and XXXX fico score where the minimum required is XXX       08/31/2026 B 2 XXXXXXXXXX IN 3 1 C   B   A   A   N/A N/A C   B     Exempt 1
1705243 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291105 434 XXXXXXXXXX Credit UW Assets   UW Assets - UW - Shorts Funds for Reserves   XX months reserves per program. Senior management approval provided.     09/02/2026     A 1 XXXXXXXXXX RI 3 13 C   A   C   A   N/A N/A A   A     Exempt 1
1705245 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291106 272 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXXXXXXXXX for the XXXXXXXXX XXXXXXX loan program require XXXXXX properties to have XXXXXXX XXXXXXXXXXX approval.   Client waived with compensating factors: XXXXXXXXXXX investor; XXXX XXXX of XXXXXXXXX when maximum XXXX is XXXXX XXXXXXXXX has over XXX months reserves when only XX were required       09/17/2026 B 2 XXXXXXXXXX NY 3 1 C   B   A   A   N/A N/A C   B     Exempt 1
1705246 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291107 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXXXXX a recent credit report on the borrower       08/19/2026     A 1 XXXXXXXXXX AK 1 13 C   A   C   A   A   A   A   A     Non-QM 1
1705246 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291108 336 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   XXXXXXXXXXX for the XXXX statement loan program require a signed XXXXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXXXXXX be provided. XXX XXXX was provided. Received XXX XXXXX approval to use XXXX letter in lieu of XXX     08/26/2026     A 1 XXXXXXXXXX AK 1 13 C   A   C   A   A   A   A   A     Non-QM 1
1705247 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291109 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXXX property is vested in and closed in an XXXXX XXXXX XXXX XXXXXX XXXXXX XXXX XXXXXXXXX signed by the business owners reflect XXXXX XXXX XXXXXX XXXXX The XXXX XXX agreement = XXXXX XXXX XXXXXX XXXXX XX XXXXXXX XXXXXXXX XXXXXXXXXX XXXXXXXX XXXXXX is a updated XXX agreement to change name to match state, but not a requirement - XXXXX XXXX XXXXXX XXXXX XX XXXXXXXXXXX XXXXXXXX XXXXXXXXXX XXXXXXXXXX XXXXX have same XXXX tax XXXX and both operating agreements are valid to close either way, title approved with XX   Client 09/17/2026 02:25 PM; What is the specific issue?&#x0D;
XXXX XXXX XXX agreement = XXXXX XXXX XXXXXX XXXXX XX XXXXXXX XXXXXXXX XXXXXXXXXX XXXXXXXXX
XXXXXX is a updated XXX agreement to change name to match state, but not a requirement - XXXXX XXXX XXXXXX XXXXX XX XXXXXXXXXXX XXXXXXXX XXXXXXXXXX XXXXXXXXXXX
XXXXX have same XXXX tax XXXX and both operating agreements are valid to close either way, title approved with XXXXX XXXXXX you. &#x0D;


 Reviewer 09/17/2026 02:58 PM; Condition has been reviewed

09/17/2026     A 1 XXXXXXXXXX CA 3 1 C   B   C   B   N/A N/A C   B     Exempt 1
1705247 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291110 350 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW - LTV/CLTV does not meet parameters   XXXX guidelines allow a maximum XXXX of XXXX for a credit score below XXXX and loan amount greater than XXXXXXX XXXX loan closed with an XXXX of XXXXXXXXXX XXXXXXX approved exception in file.   XX months of reserves, XXX months is required.  XXXXXXXX mortgage payment history, XXXXXXXX is required. XXXXXXXXX XXXXXXXXX of XXX years, XX year is required.        08/27/2026 B 2 XXXXXXXXXX CA 3 1 C   B   C   B   N/A N/A C   B     Exempt 1
1705247 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291111 272 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXX guidelines allow up to XX vacancies. XXXX appraisal reflects all units are vacant. XXXXXXX approved exception in file.   XX months of reserves, XXX months is required.  XXXXXXXX mortgage payment history, XXXXXXXX is required. XXXXXXXXX XXXXXXXXX of XXX years, XX year is required.        08/27/2026 B 2 XXXXXXXXXX CA 3 1 C   B   C   B   N/A N/A C   B     Exempt 1
1705247 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291112 335 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Calculation Incorrect   XXXX guidelines require the use of XXXX of market rents for vacant units.  XXXX lender used XXXXX of market rents to qualify the loan.  XXXXXXX approved exception in file.   XX months of reserves, XXX months is required.  XXXXXXXX mortgage payment history, XXXXXXXX is required. XXXXXXXXX XXXXXXXXX of XXX years, XX year is required.        08/27/2026 B 2 XXXXXXXXXX CA 3 1 C   B   C   B   N/A N/A C   B     Exempt 1
1705248 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291113 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXXXXXXXX for the XXXXX loan program require all units to be occupied. XXXXXXX properties can be allowed on a case-by-case basis subject to XXXXXXX XXXXXXXXXXX discretion. XXX approval for the the vacant unit was provided. X vacant unit approved by XXX XXXX     09/18/2026     A 1 XXXXXXXXXX VT 3 1 C   A   C   A   N/A N/A A   A     Exempt 1
1705249 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291115 437 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Missing/Incomplete Verbal VOE   XXXXXXXXX XXXX not in file. Received XXX     09/03/2026     A 1 XXXXXXXXXX WA 1 13 D   A   D   A   A   A   A   A     Non-QM 1
1705250 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291116 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXX max cash back on a XXXX XXXXXXXXXX is limited to the lesser of XXX or XXXXXXXXX XXXX XXXXXXXXX received XXXXXXXXXXX back at close. XXXXX back exceeds guidelines. Approval received by XXX XXXXX for cash out     09/09/2026     A 1 XXXXXXXXXX FL 3 3 C   A   C   A   N/A N/A A   A     Exempt 1
1705250 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291117 455 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW - Does not meet requirement for Financed Prop   XXX per XXXXXXXXX guidelines, the maximum amount of loans for one borrower is XXX loans. XXXXXXXXX is doing XXX loans. Approval received by XXX XXXXX for # of loans     09/09/2026     A 1 XXXXXXXXXX FL 3 3 C   A   C   A   N/A N/A A   A     Exempt 1
1705251 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291118 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXX XXXXX approved transfer of appraisal.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX  XXXX fico score where the minimum required is XXX       09/03/2026 B 2 XXXXXXXXXX FL 3 3 C   B   C   B   N/A N/A A   A     Exempt 1
1705251 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291119 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXXXXXXXX approval for XXX pack and blanket/balloon mortgage history needed. Cash out approved by XXX XXXX     09/09/2026     A 1 XXXXXXXXXX FL 3 3 C   B   C   B   N/A N/A A   A     Exempt 1
1705252 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291120 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXXX borrower has done XXX loans with XXXXXXXXXXX XXXX maximum allowed is XXXXX XXX exception to do XXX loans was found in the file. Received XXX XXXXX approval for XXX loan blanket mortgage   Reviewer 09/18/2026 12:47 PM; the loan approval with XXX loans as XXXXXXXX mortgage was not provided.

 09/20/2026     A 1 XXXXXXXXXX FL 3 3 C   A   C   A   N/A N/A A   A     Exempt 1
1705252 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291121 433 XXXXXXXXXX Credit UW Assets   UW Assets - UW - Short funds to close   XXXXX is short funds to close. XXXXXXXXXXXXX is required. Total funds are included with XXX loan blanket mortgage refinance.     09/20/2026     A 1 XXXXXXXXXX FL 3 3 C   A   C   A   N/A N/A A   A     Exempt 1
1705252 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291122 434 XXXXXXXXXX Credit UW Assets   UW Assets - UW - Shorts Funds for Reserves   XX minimum of XX months reserves are required. Reserves are included in total # of loans being refinanced     09/20/2026     A 1 XXXXXXXXXX FL 3 3 C   A   C   A   N/A N/A A   A     Exempt 1
1705253 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291124 272 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXX appraisal report reflects the property is located in a declining market. XXXX guidelines require senior management approval, which was not in the file.  XXXXXXXXX received by XXX XXXXX for declining value     09/09/2026     A 1 XXXXXXXXXX FL 3 3 C   A   C   A   N/A N/A C   A     Exempt 1
1705253 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291125 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXX guidelines allow XXX loans to the same borrower. XXXX borrower has XXX loans with the lender.  XXXXXXXXX received by XXX XXXXX for # loans/ XXXXXXXX mortgage     09/09/2026     A 1 XXXXXXXXXX FL 3 3 C   A   C   A   N/A N/A C   A     Exempt 1
1705254 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291126 434 XXXXXXXXXX Credit UW Assets   UW Assets - UW - Shorts Funds for Reserves   XXXX loan is short XXXXXXXXXXXX for reserves.  XXXXX to close XXXXXXXXXXXXX + required XXXXXXXX reserves XXXXXXXXXXXXXX XXXXXXXXXXXXX cash required to close & reserves. XXXXXXXXX assets are XXXXXXXXXXXXX leaving a shortage of XXXXXXXXXXXX XXXXXXXXXXXXXXXX XXXXXXXXXXXXXXXX Assets sufficient using all XXX loans refinances.     09/10/2026     A 1 XXXXXXXXXX FL 3 3 C   A   C   A   N/A N/A A   A     Exempt 1
1705254 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291127 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXXXXXXXXXX approval is required for a pack of XXX loans and blanket/balloon mortgage history.  XXXXXXXXX received by XXX XXXXX for # loans/ XXXXXXXX mortgage     09/10/2026     A 1 XXXXXXXXXX FL 3 3 C   A   C   A   N/A N/A A   A     Exempt 1
1705255 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291128 272 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXX of broker appraisal not permitted on any program unless approved by senior management, XXXXXXXXXX approval from senior management in file allowing use of the broker appraisal since it is supported by XXXXX   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXX reserves when only XXXXXXXX required, XXXXXXXXXX current mortgage payment history and XXXX fico score where the minimum required is XXX       09/08/2026 B 2 XXXXXXXXXX FL 3 3 C   B   A   A   N/A N/A C   B     Exempt 1
1705256 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291129 455 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW - Does not meet requirement for Financed Prop   XXXX borrower has XXX loans which closed simultaneously with the lender, exceeding the maximum XXX loans per borrower permitted by guidelines.   Client waived with compensating factors: XXXXXXXX months reserves when only XX months are required; XXXXXX XXXXX when XXXXXX is the minimum; XXXX XXXXX score when XXXX is the minimum; XXXXXXXX XXXX when XXXX is the maximum.       09/09/2026 B 2 XXXXXXXXXX FL 3 3 C   B   C   B   N/A N/A A   A     Exempt 1
1705257 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291130 357 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW - Cash Back Exceeds Limit   XXX per XXXXXXXXX guidelines, the maximum cash back on a XXXXXXXXXX refinance is XXX or XXXXXXXXXX XXXX XXXXXXXXX received XXXXXXXXXXXXX back. Approval received by XXX XXXXX for XXXXX out      09/09/2026     A 1 XXXXXXXXXX FL 3 3 C   B   C   B   N/A N/A A   A     Exempt 1
1705257 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291131 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXX per XXXXXXXXX guidelines, the maximum amount of loans the lender with do for one XXXXXXXXXXX XXXX XXXXXXXXX is doing XXX loans with XXXXXXXXXX   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXXX reserves is XX months. XXXXXXXXX has XXXXXXXX months on this loan. XXXXXXXX XXXXX is XXXXXXX XXXXX XXXXX is XXXXXXX XXXXXXXXX history is XXXXXXX       09/09/2026 B 2 XXXXXXXXXX FL 3 3 C   B   C   B   N/A N/A A   A     Exempt 1
1705259 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291132 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXX bridge loan XXX is missing from the loan file. XXXX credit review is on hold until documents are received.       08/21/2026     A 1 XXXXXXXXXX GA 1 1 C   B   A   A   A   A   C   B     Non-QM 1
1705259 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291133 272 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXXXXXX property XXXXXX acres > XX acres for a XXXXXXXXX property per guidelines.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXXX income of XXXXXXXXXXXX exceeds the minimum required of XXXXXXXXXXXX XXXXXXXXX has pride in ownership living in primary over XX years, and XXXX fico score where the minimum required is XXXXX       08/21/2026 B 2 XXXXXXXXXX GA 1 1 C   B   A   A   A   A   C   B     Non-QM 1
1705260 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291136 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXX management approval non arms length transaction on investment.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX  XXXXXXXX months reserves when only XX months required.       08/28/2026 B 2 XXXXXXXXXX VA 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1705262 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291140 447 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - 2yr Employment history not verified   XXXX borrower's has been self-employed for XX year and XX months.  XXXX guidelines require self-employed borrowers be self-employed for XX years minimum.   Client waived with compensating factors:  XXXXXXXX XXXX when XXXX is the maximum; XXXXXXXX XXXX when XXXX is the maximum; XXX months reserves when no reserves are required.       09/17/2026 B 2 XXXXXXXXXX TX 1 13 D   B   D   B   A   A   A   A     Non-QM 1
1705262 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291141 352 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW - Not Eligible for escrow waiver   XXXX borrower's XXXXX score is XXXX and an escrow waiver was provided for XXXXXX and XXXXXXXXXX when XXXX is the XXXXXXXX XXXXX score for an escrow waiver.   Client waived with compensating factors:  XXXXXXXX XXXX when XXXX is the maximum; XXXXXXXX XXXX when XXXX is the maximum; XXX months reserves when no reserves are required.       09/17/2026 B 2 XXXXXXXXXX TX 1 13 D   B   D   B   A   A   A   A     Non-QM 1
1705263 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291142 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXXXXXXXXX XX yrs self-employment required XXXXXXXXXX XXXXXXXXX XXXXXX for XX months bk statements using XXX month average   COMPENSATING XXXXXXXXX XXXXXXX XXXXXXX XXXXXXX XXXXXXXXX XXXXX XXXX when min XXXXX required is XXXXX XXXXXX residence XXXXXXXXX lates, XXXXXXXXX XXXX when max XXXX allowed is XXXXX XXXXXXXXX XXXX when max allowed is XXXX XXXXX XXXXXXX months reserves when min required is XX reserves are required for XXXXXXX       09/01/2026 B 2 XXXXXXXXXX WA 1 1 C   B   C   B   A   A   A   A     Non-QM 1
1705265 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291143 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXX a signed copy of the XXXXXXX loan XXX to verify the final funds to XXXXXXXXXX       09/09/2026     A 1 XXXXXXXXXX NC 1 1 A   A   A   A   A   A   A   A     Safe Harbor QM (APOR) 1
1705266 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291144 319 XXXXXXXXXX Credit UW Assets   UW Assets - UW - Seller Credit exceeds limit   XXXXXXX contributions in the amount of XXXXXXXXXXXXX exceed actual closing costs of XXXXXXXXXXXXXX Received XXX XXXXX approval for seller paying XXXXXXXX     09/16/2026     A 1 XXXXXXXXXX CA 1 1 D   B   D   B   A   A   A   A     Non-QM 1
1705266 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291145 447 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - 2yr Employment history not verified   XXXXXXXXXXX require a borrower be self employed a minimum of XX years. XXXXXXXXX has less than XX years of self employment. XXXX was organized XXXXXXXXXXXXX   Client waived with compensating factors: XXXXXXXXX XXXXX no derogatory credit; XXX mortgage payment history; residual income XXXXXXXXXX         09/15/2026 B 2 XXXXXXXXXX CA 1 1 D   B   D   B   A   A   A   A     Non-QM 1
1705267 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291146 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXXXXX final bridge loan XXX on property located at XXXXXX XXXX XXXXXXX XXXXX XXXXXXXXX XXX XXXXXX for approximately XXXXXXXXXXXX       09/04/2026     A 1 XXXXXXXXXX AZ 1 1 A   A   A   A   A   A   A   A     Safe Harbor QM (APOR) 1
1705268 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291147 320 XXXXXXXXXX Credit UW Assets   UW Assets - UW - Asset Other   XXXXX funds in the amount of XXXXXXXXXXXXXX were used as funds to close/down payment. XXXX guidelines gift funds are not permitted for the purchase of an investment property.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXX of XXXX where the max allowed is XXXXX in file since XXXXXX good previous mortgage history, experienced investor, and XXXX fico score where the minimum required is XXXXX       09/15/2026 B 2 XXXXXXXXXX PA 3 1 C   B   C   B   N/A N/A C   B     Exempt 1
1705268 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291148 272 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXXXXXX property is a mixed use XXXXXXX property and per guidelines requires approval from senior management.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXX of XXXX where the max allowed is XXXXX in file since XXXXXX good previous mortgage history, experienced investor, and XXXX fico score where the minimum required is XXXXX       09/15/2026 B 2 XXXXXXXXXX PA 3 1 C   B   C   B   N/A N/A C   B     Exempt 1
1705268 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291149 434 XXXXXXXXXX Credit UW Assets   UW Assets - UW - Shorts Funds for Reserves   XXXXXXXXXXX require XXXXXXXXX XXXXXX reserves with a XXXXX XXXXXXX > XXXXX < XXXXXXXX XXXX assets verified in the loan file were XXXXXXXXXXXXXX of which XXXXXXXXXXXXXX were needed for funds to close leaving XXXXXXXXXXXXX or XXXXXXX months reserves (based on verified XXXX XXXXXXXXXXXXX XXXXXX (school, township and county) XXXXXXXXXX and XXXX XXXXXXXXXXXX resulting in a shortage of XXXXXX months or XXXXXXXXXXXX verified reserves.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXX of XXXX where the max allowed is XXXXX in file since XXXXXX good previous mortgage history, experienced investor, and XXXX fico score where the minimum required is XXXXX Client 09/15/2026 06:49 PM; Please provide your XXXXX calculation, we are showing a XXXXX above XXXXXXXX XXXXXX you.

 Reviewer 09/16/2026 07:59 AM; PI XXXXXXXXXXXXX XXXX XXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXXXXXXXX XXXXXXXXXXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXXXXXXXXXXXXXXXX

 Reviewer 09/16/2026 07:59 AM; PI XXXXXXXXXXXXX XXXX XXXXXXXXXX XXXXXXXXXXXXXX XXXX XXXXXXXXXX XXXXXXXXXXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXXXXXXXXXXXXXXXX

     09/17/2026 B 2 XXXXXXXXXX PA 3 1 C   B   C   B   N/A N/A C   B     Exempt 1
1705269 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291151 322 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit - Minimum FICO   XXXXXXXXXXX reflect the minimum XXXXX for the XXXXXXXXX loan program is XXXXXX XXXXXXXXX XXXXX is XXXXX   Client waived with compensating factors: XXXX XXXX for loan program - XXXXXXXXXX subject property owned free and clear; subject property was transferred to the borrower XXXXXXXXX as a gift from the borrower's father who moved back to a foreign country to retire.       08/25/2026 B 2 XXXXXXXXXX NJ 1 13 C   B   C   B   A   A   A   A     Non-QM 1
1705269 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291152 454 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW - Seasoning Requirement Not Met   XXXXXXXXXXX for the XXXXXXXXX loan program require a minimum seasoning of XX months for a cash-out refinance. XXXXXXXXX has only owned the property for XX months.   Client waived with compensating factors: XXXX XXXX for loan program - XXXXXXXXXX subject property owned free and clear; subject property was transferred to the borrower XXXXXXXXX as a gift from the borrower's father who moved back to a foreign country to retire.       08/25/2026 B 2 XXXXXXXXXX NJ 1 13 C   B   C   B   A   A   A   A     Non-QM 1
1705269 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291153 323 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Requirements for Program   XXXXXXXXXXX for the XXXXXXXXX loan program require the borrower's credit history to be current and have a payment history of paid as agreed the prior XXX months to exclude any debts paid by the borrower's business.  XXXX borrower has a XXXXXXXX payment history.   Client waived with compensating factors: XXXX XXXX for loan program - XXXXXXXXXX subject property owned free and clear; subject property was transferred to the borrower XXXXXXXXX as a gift from the borrower's father who moved back to a foreign country to retire.       08/25/2026 B 2 XXXXXXXXXX NJ 1 13 C   B   C   B   A   A   A   A     Non-QM 1
1705270 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291154 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXXXXXXXX XX credit report was not provided. Received XXX credit report     08/27/2026     A 1 XXXXXXXXXX CA 3 1 C   A   C   A   N/A N/A A   A     Exempt 1
1705270 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291155 265 XXXXXXXXXX Credit UW Collateral   UW Collateral - UW - FNMA 1007 / FNMA 216   XXXXXXXX XXXXX for the subject property supporting market rent of XXXXXXXX monthly. Received XXXX     08/27/2026     A 1 XXXXXXXXXX CA 3 1 C   A   C   A   N/A N/A A   A     Exempt 1
1705271 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291157 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXXXXXXXX for the XXXXX loan program reflect the maximum number of loans to one applicant is XXXXX XXXXXXXXX has XXXXX loan closings.   Client waived with compensating factors: XXXXX XXX months of reserves, XX months is required. XXXX credit score, XXXX is required. XXXXXX XXXXXX XXXXXX is required. XXXXXXXX mortgage rating, XXXXXXXX required.       09/17/2026 B 2 XXXXXXXXXX IL 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1705271 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291158 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXXXXXXXX for the XXXXX loan program require all loans to impound for taxes and insurance. XXXX subject loan did not impound for taxes and insurance.   Client waived with compensating factors: XXXXX XXX months of reserves, XX months is required. XXXX credit score, XXXX is required. XXXXXX XXXXXX XXXXXX is required. XXXXXXXX mortgage rating, XXXXXXXX required.       09/17/2026 B 2 XXXXXXXXXX IL 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1705275 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291161 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXXXXXXXXX XXXXXX use properties require sr executive management approval  XXXXXXXXXX XXXXXXXXX XXXXXX use property commercial and multi family, approved at max XXXX XXXXXX XXXXX XXXXXXXXXX management approval in writing.   Received exception approval/ compensating factors - XXXX XXXXX max XXXXX XXXXXX XXXX - min XXXXX XXXXX XXXXXXX miin XXXXXX seasoned investor       09/23/2026 B 2 XXXXXXXXXX IL 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1705276 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291162 184 XXXXXXXXXX Credit Flood Certificate   Flood Certificate - Property address incorrect or missing   XXXXXXX provide updated flood certificate that reflects the correct property address. XXXXXXX and XXXXX XXX XXXXXXXXX XXXXXXXX       09/09/2026     A 1 XXXXXXXXXX OR 1 1 C   B   C   A   C   B   C   B     Safe Harbor QM (APOR) 1
1705276 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291163 204 XXXXXXXXXX Credit Hazard Insurance   Hazard Insurance - Property address (legal description acceptable) missing   XXXXXXX provide updated hazard policy that reflects the correct property address. XXXXXXX and XXXXX XXX XXXXXXXXX XXXXXXXX     Reviewer 09/09/2026 02:03 PM; No documentation provided

 Reviewer 09/17/2026 11:35 AM; No documentation provided

 Client 09/17/2026 03:30 PM; Processor XXXXX confirming coverage of both properties uploaded to file. XXXXXX you.

 Reviewer 09/17/2026 05:34 PM;

 Reviewer 09/18/2026 11:20 AM; Hello&#x0D;
XXXXX has been cleared.&#x0D;
&#x0D;
XXXXXX

 09/18/2026     A 1 XXXXXXXXXX OR 1 1 C   B   C   A   C   B   C   B     Safe Harbor QM (APOR) 1
1705276 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291164 884 XXXXXXXXXX Compliance Compliance   Compliance - Pending Internal completion of compliance fee tests.  Additional conditions may apply.     Information provided     09/22/2026     A 1 XXXXXXXXXX OR 1 1 C   B   C   A   C   B   C   B     Safe Harbor QM (APOR) 1
1705276 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291165 898 XXXXXXXXXX Compliance Compliance   Compliance - TRID- Fee Tolerance Violation   XXXXX is failing XXX tolerance for the increase in the XXXXXXXXXX fee on the XXXXX XXX without a valid explanation on the XXXX provided.  XXXX invoice amount is not a valid reason for this fee increase.  XXXXXXXXXX amount is XXXXXXX  XXXXX a XXXXX with cure, lox to borrower, proof of refund, and evidence of payment shipped, all within XXX days of closing XXXXXX pccd and cure provided   Reviewer 09/09/2026 02:03 PM; NO documentation provided

 Reviewer 09/17/2026 11:35 AM; No documentation provided

   09/22/2026   B 2 XXXXXXXXXX OR 1 1 C   B   C   A   C   B   C   B     Safe Harbor QM (APOR) 1
1705276 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291166 271 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Collateral not acceptable/warrantable   XXXX appraisal identifies the subject property as rural. XXXXXX properties are subject to the XXXXXX XXXXXXXXX XXXXXXXXXXXX   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX  XXXX XXXXX score when XXXX is the minimum; XXXX months reserves when no reserves are required; XXXXXXXXXXXXX net residual income when XXXXXXXX is the minimum.       09/03/2026 B 2 XXXXXXXXXX OR 1 1 C   B   C   A   C   B   C   B     Safe Harbor QM (APOR) 1
1705276 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291167 271 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Collateral not acceptable/warrantable   XXXX subject property is XXXXXXX acres and XXX acres is the maximum for properties in the XXXXXXXXX XXXXXXXXX   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX  XXXX XXXXX score when XXXX is the minimum; XXXX months reserves when no reserves are required; XXXXXXXXXXXXX net residual income when XXXXXXXX is the minimum.       09/09/2026 B 2 XXXXXXXXXX OR 1 1 C   B   C   A   C   B   C   B     Safe Harbor QM (APOR) 1
1705277 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291172 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXXXXX signed XXXXXXXX XXXXXXXXXXX dated XXXXXXXXXX for XXXXXXXXXX XXXXXXX XXXXX provided by XXXXXXXXX secure by XXXXX XXXXXXX XXX showing net loan proceeds of at least XXXXXXXXX and the payoff of XXXXXXXXXX XXXXX XXXXXX mortgage XXXXXXX having an approximate balance of XXXXXXXXXXX       09/11/2026     A 1 XXXXXXXXXX ID 1 1 A   A   A   A   A   A   A   A     Safe Harbor QM (APOR) 1
1705278 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291173 184 XXXXXXXXXX Credit Flood Certificate   Flood Certificate - Property address incorrect or missing   XXXXXXX provide updated flood certificate that reflects the correct property address. XXXXXXXXXXX XXXXXXXXX XXXX Information provided     09/16/2026     A 1 XXXXXXXXXX MA 3 1 D   A   D   A   N/A N/A A   A     Exempt 1
1705278 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291174 378 XXXXXXXXXX Credit UW Other   UW Other - UW - Initial/Final 1003 incomplete/missing   XXXXXXXX page XXX of XXX for the final signed application. Received page XXX of XXXX     09/14/2026     A 1 XXXXXXXXXX MA 3 1 D   A   D   A   N/A N/A A   A     Exempt 1
1705279 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291175 272 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXXXXXX property is an investment property located in an XXXX XXXXXXXXXXX XXXXXXXXXXXX XXXXXXXXXXXXXXXX and per guidelines is only an owner-occupied property is permitted when the deed restriction is related to age of the occupants XXXXX and older).   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXXX income of XXXXXXXXXXXX exceeds the minimum required of XXXXXXXXXXXXX XXXX of XXXXXXXX where the maximum allowed is XXXXX XXX years stable residence, and XXXX fico score where the minimum required is XXXXX       08/19/2026 B 2 XXXXXXXXXX AZ 3 1 C   B   A   A   N/A N/A C   B     Exempt 1
1705279 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291176 272 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXXXXXX property is in an XXXX XXXXXXXXXXX XXXXXXXXXXXX XXXXXXXXXXXXXXXX and per guidelines properties with deed restrictions related to age of the occupants XXXXX and older) must use two comparable sales from within the subject development. XXXX appraisal provided in the loan file has XX comparable sales from within the subject development.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXXX income of XXXXXXXXXXXX exceeds the minimum required of XXXXXXXXXXXXX XXXX of XXXXXXXX where the maximum allowed is XXXXX XXX years stable residence, and XXXX fico score where the minimum required is XXXXX       08/20/2026 B 2 XXXXXXXXXX AZ 3 1 C   B   A   A   N/A N/A C   B     Exempt 1
1705280 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291177 272 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXXXX properties are not allowed on XXXXX program. XXXXXXXXXX approval from senior management in fill allowing for subject to be rural.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXX of XXXX where the max allowed is XXXXX XXXXXXXXX reserves when only XXXXX required, XXXXXXXXXX current mortgage payment history and XXXX fico score where the minimum required is XXX       09/01/2026 B 2 XXXXXXXXXX NC 3 13 C   B   A   A   N/A N/A C   B     Exempt 1
1705280 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291178 272 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXXXXXXXXX are to be completed by XXXXXX XXXXXXXXXXXX contains XXXXXXXX appraisal. XXXXXXXXXX approval from senior management allowing XXXXXXXX appraisal.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXX of XXXX where the max allowed is XXXXX XXXXXXXXX reserves when only XXXXX required, XXXXXXXXXX current mortgage payment history and XXXX fico score where the minimum required is XXX       09/01/2026 B 2 XXXXXXXXXX NC 3 13 C   B   A   A   N/A N/A C   B     Exempt 1
1705281 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291179 399 XXXXXXXXXX Credit UW Assets   UW Assets - UW - Gift Letter (fully executed)   XXXX receipt of funds wired in, parents provided closing funds of XXXXXXXXXXXXXX and the XXXX of XXXXXXXXX for total gifts of XXXXXXXXXXXXXXXX XXXXX letter provided is for XXXXXXXXXXXX XX gift letter with the correct gift amount is required. Received revised gift letter     09/15/2026     A 1 XXXXXXXXXX CA 1 1 C   A   C   A   A   A   A   A     Non-QM 1
1705282 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291180 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXXXX date is XXXXXXX XXXX XXXXX and brws signature is dated XXXXXXXXXXX XXXXXXX note date correct. Docs were drawn on XXXXXX then the title company requested docs redrawn on XXXX but the ended up signing the XXXXX docs and funding into the month. XXXXX XXXXX is correct, with XXXX payment date of XXXX   Reviewer 09/11/2026 06:01 PM; Certified XXXXXXXXXXX statements closing date is XXXXXXXXXX XXXXXXXXX XXXXX date, signature date, and settlement closing date are to match.

 Client 09/17/2026 04:04 PM; We drew docs on XXXXXX then the title company requested docs redrawn on XXXX but the ended up signing the XXXXX docs and funding into the month. XXXXX XXXXX is correct, with XXXX payment date of XXXXXXX XXXXXX you. &#x0D;


 Reviewer 09/17/2026 06:02 PM; Condition has been reviewed

09/17/2026     A 1 XXXXXXXXXX CA 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1705282 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291181 907 XXXXXXXXXX Credit UW Other   UW Other - UW – Closing Disclosure to evidence source of funds   XXXXXX XXX dated XXXXXXXXXXXX bottom page XX states closing cost XXXXXXXXXXXXX XXXXX to XXXXXX XXXXXXXXXXXXXXXX XXXXXXX of page two XXXXXX XXXXXXXX XXXXXX are XXXXXXXXXXXXXXX XXXXXXXXXXXX cash to close top of page three matches bottom of page three. XXXXXXXX XXXXX stated at the bottom of page XX are incorrect and need corrected. Received final XXX with disbursement date XXXXXXXX     09/18/2026     A 1 XXXXXXXXXX CA 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1705282 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291182 382 XXXXXXXXXX Credit UW Other   UW Other - UW - HUD-1 to evidence source of funds   XXXXXXXXXXX statement XXXXXX XXXXXXXXXX XX and signed on XXXXXXXXXX XX does not match XXXXXX XXX with the same date. XXXXXXXXXXX statement funds required match brws wire fot XXXXXX Received final XXX with disbursement date XXXXXXXX     09/18/2026     A 1 XXXXXXXXXX CA 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1705282 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291183 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXXXX over XXXXXXXXX XXXXXXX XXXXX calculated.   Client waived with compensating factors: XXXX XXXXX score, where minimum XXXX XXXXXXX XX months of reserves required brw exceeds reserve requirement. XXXX is seasoned investor with over XXX investment properties.        09/11/2026 B 2 XXXXXXXXXX CA 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1705283 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291185 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXXXXXXXX require XXX months seasoning for refinances. XXXXXXXXX in file to allow less than XXX months seasoning.   Client waived with compensating factors: experienced XXXXXXXXXXX XXXXX XXXXXXX when the minimum requirement is XXXXXXX XXX months reserve when the minimum requirement is XX months reserves.        09/11/2026 B 2 XXXXXXXXXX OH 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1705285 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291186 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXX amount is less than minimum allowed XXXXXXXX Received XXXXX approval for loan amount.     09/13/2026     A 1 XXXXXXXXXX OK 3 13 C   A   C   A   N/A N/A A   A     Exempt 1
1705287 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291187 496 XXXXXXXXXX Valuation Appraisal   Appraisal - Compliance \ Appraisal - If "Subject to Completion"-a Completion Cert (form 442 or 1004D dated March 2005) & original photos is required   XXXXXXX provide the appraisal re-certification. Information provided     09/15/2026     A 1 XXXXXXXXXX MA 1 1 C   A   C   A   A   A   C   A     Non-QM 1
1705287 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291188 320 XXXXXXXXXX Credit UW Assets   UW Assets - UW - Asset Other   XXX per the asset worksheet, a gift deposit of XXXXXXX from XXXXXXX XXXXXX was to have been sent directly the the closing agent at closing. XXXX seeing reflected on the XXXX Received gift wire for XXXXXXXXXX from donor     09/16/2026     A 1 XXXXXXXXXX MA 1 1 C   A   C   A   A   A   C   A     Non-QM 1
1705287 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291189 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXX per XXXXXXXXX guidelines, the maximum payment shock is XXXXX XXXXX exceeds XXXX Sr XXXXX approval for payment shock     09/15/2026     A 1 XXXXXXXXXX MA 1 1 C   A   C   A   A   A   C   A     Non-QM 1
1705288 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291190 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXXXXXXXXX min XXX of XXXX XXX XXXXXXXXXX request subject XXXX XXX requires XXXX XX   COMPENSATING XXXXXXXXX XXXXXXX XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXX XXXXX XXXX when min XXXXX required is XXXXX XXXXX XXXXXX when min XXXXX is XXXXXX XXXXXXXX months reserves when only XXX months reserves required, seasoned investor.       08/20/2026 B 2 XXXXXXXXXX MN 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1705288 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291191 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXXXXXXXX state XXXXXXX >= XXXXX XXXXXX min XXX is XXXXXXX XXXXXXXXXX required for XXX of XXXXXXXXXX   COMPENSATING XXXXXXXXX XXXXXXX XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXX XXXXX XXXX when min XXXXX required is XXXXX XXXXX XXXXXX when min XXXXX is XXXXXX XXXXXXXX months reserves when only XXX months reserves required, seasoned investor.       08/21/2026 B 2 XXXXXXXXXX MN 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1705293 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291192 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXXX XXXXXXXX XXXXXXXXXXX for XXXXXXX XXXXX is required and missing from file.       09/14/2026     A 1 XXXXXXXXXX OR 1 1 A   A   A   A   A   A   A   A     Safe Harbor QM (APOR) 1
1705294 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291193 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXXXXX XXX XXXXXXX XXXXXXX credit report       09/15/2026     A 1 XXXXXXXXXX FL 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1705294 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291194 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXX management approval required for XXXX with no experience.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXXXXX fico score where the minimum required is XXX       09/15/2026 B 2 XXXXXXXXXX FL 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1705295 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291195 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXX per XXXXXXXXX guidelines, a borrower needs to be self employed for XXXX years. XXXXXXXXX has not been.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXX on current mortgage. XXXXXXXXX XXXXXXXXX income is XXXXXXXXX XXXXX has XXXXXXXXXXX in XXXXXXXXX income. XX months reserves are required. XXXXXXXXX has XXXXXX mo reserves.       09/03/2026 B 2 XXXXXXXXXX CA 1 1 C   B   C   B   A   A   A   A     Non-QM 1
1705297 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291196 336 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   XXXX co-borrower has not been self employed for the required XX years under the XXXXXX XXXXXX XXXXX XXXXXXXXXX program.   Client waived with compensating factors: XXXX borrower has been employed in the same field for XX years and the co-borrower has been in the same field for XX years. XXXXX is XXXX with the minimum score of XXXXXX XXXX residual income is XXXXXXXXXXXX and the required residual income is XXXXXXXXX       09/03/2026 B 2 XXXXXXXXXX NV 1 1 C   B   C   B   C   A   A   A     Non-QM 1
1705297 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291197 894 XXXXXXXXXX Compliance Compliance   Compliance - TRID LE- Other   XXXXXXXX XXX issued within XX days of XXXXX XXX     Reviewer 09/11/2026 09:32 AM; X/X XXX proavided.  XXXXX XXX has alread been provided and will not clear def

 Client 09/11/2026 05:28 PM; LE provided has a print date of XXXXXXXXXX XXXXXX you.

 Reviewer 09/11/2026 06:23 PM;

 Reviewer 09/14/2026 01:03 PM; Hello&#x0D;
this has been cleared.&#x0D;
&#x0D;
XXXXXX

 09/14/2026     A 1 XXXXXXXXXX NV 1 1 C   B   C   B   C   A   A   A     Non-QM 1
1705297 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291198 894 XXXXXXXXXX Compliance Compliance   Compliance - TRID LE- Other   XXXXXXXXXXX tracking reflects a XXX issued on XXXXXXX XXXXX XXX has not been provided.  XXXXXXX upload.       09/14/2026     A 1 XXXXXXXXXX NV 1 1 C   B   C   B   C   A   A   A     Non-QM 1
1705297 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291199 902 XXXXXXXXXX Compliance Compliance   Compliance - Pending internal completion of TRID compliance review for disclosure timing and or fee tolerance comparisons.  Additional conditions may apply.           09/14/2026     A 1 XXXXXXXXXX NV 1 1 C   B   C   B   C   A   A   A     Non-QM 1
1705299 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291201 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXXXXXXXX require seasoning of minimum XX year for a refinance. XXXXXXXXX in file to allow < XX year.   Client waived with compensating factors: XXXXXXXXXXXX XXXXXXXXXX XXXXX XXXXXX when the minimum requirement of XXXXX XXXXXXX XXX months reserve when the minimum requirement is XX months.        09/14/2026 B 2 XXXXXXXXXX OH 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1705299 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291202 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXXXX report expires in XXX days. XXXXXXXXX in file to extend XXX days.   Client waived with compensating factors: XXXXXXXXXXXX XXXXXXXXXX XXXXX XXXXXX when the minimum requirement of XXXXX XXXXXXX XXX months reserve when the minimum requirement is XX months.       09/14/2026 B 2 XXXXXXXXXX OH 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1705300 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291203 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXX XXXXX XXXX XXXXXXXXXX requires XXX months seasoning of ownership. XXXXXXXXX in file for ownership < XXX months.   Client waived with compensating factors: XXXXXXXXXXXX XXXXXXXXXX XXXX XXXXX when the minimum requirement is XXXXX XXXX months reserve when the minimum requirement is XX months.        09/11/2026 B 2 XXXXXXXXXX OH 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1705300 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291204 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXXXX report expiration XXX days. XXXXXXXXX in file to allow extension to XXX days.   Client waived with compensating factors: XXXXXXXXXXXX XXXXXXXXXX XXXX XXXXX when the minimum requirement is XXXXX XXXX months reserve when the minimum requirement is XX months.        09/11/2026 B 2 XXXXXXXXXX OH 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1705303 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291205 336 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   XXXXXXXXXX required on XXXXXX Signed XXXX provided      09/04/2026     A 1 XXXXXXXXXX WA 1 1 C   A   C   A   A   A   A   A     Non-QM 1
1705303 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291206 351 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW - DTI exceeds maximum limit   XXXXXXXXX resides in a XXXXXX XXXXXXXXX is XXXX XXXXXXXXXXXXXXX XXXXXX lists XXXXXXXX XXXX not calculated in XXXX as it wasn't established at time of application. XXXXXXX XXXX payment and XXXX calculation meets guidelines. Per title, the property is in an XXXXX but nothing is being charged as of yet. XXX XXXX fee currently.     09/03/2026     A 1 XXXXXXXXXX WA 1 1 C   A   C   A   A   A   A   A     Non-QM 1
1705304 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291207 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXX file is missing the bridge loan closing disclosure for the departing residence netting at least XXXXXXXXXXXXXXX       09/03/2026     A 1 XXXXXXXXXX WA 1 1 A   A   A   A   A   A   A   A     Safe Harbor QM (APOR) 1
1705306 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291208 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXX per XXXXXXXXX guidelines, the maximum XXXX for a non-warrantable condo is XXXXXX XXXXX XXXX is XXXX with points to XXXXX   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXX on a current mortgage. XXXXXXXXX reserves is XX mo. XXXXX has XXXXXXX months. XXXXXXXXX residual income is XXXXXXXXX XXXXXXXX is XXXXXXXXXX       09/03/2026 B 2 XXXXXXXXXX CA 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1705307 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291211 272 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXX subject property is a modular home on a permanent foundation, and the appraisal report has one comparable property that is also a modular home on a permanent foundation. XXXX guidelines XX comparable sales must also be modular homes on permanent foundations.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXX of XXXXXXXX where the max allowed is XXXXX XXXXXXX months reserves when only XX months required, XXXXXXXXX income of XXXXXXXXXXXX exceeds the minimum required of XXXXXXXXX and XXXX fico score where the minimum required is XXXXX       09/14/2026 B 2 XXXXXXXXXX CO 1 1 C   B   C   B   A   A   C   B     Non-QM 1
1705307 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291212 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXXX signed by XXX was granted to XXX who is not XXX spouse, direct relative or personal attorney and was used for closing. XXXX guidelines a XXXX must be granted to the spouse, direct relative of the borrower's personal attorney.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXX of XXXXXXXX where the max allowed is XXXXX XXXXXXX months reserves when only XX months required, XXXXXXXXX income of XXXXXXXXXXXX exceeds the minimum required of XXXXXXXXX and XXXX fico score where the minimum required is XXXXX       09/14/2026 B 2 XXXXXXXXXX CO 1 1 C   B   C   B   A   A   C   B     Non-QM 1
1705309 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291213 350 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW - LTV/CLTV does not meet parameters   XXXX XXXX for a non-warrantable condo purchase is XXXXXX  XXXX final XXXX is XXXX with XX stacked points.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXX post-closing reserves of XXXX months exceed the minimum requirement of XX months XXXX residual income of XXXXXXXXX exceeds the minimum requirement of XXXXXXXX XXXX mortgage payment history of XXXXX for the past XXX years.       09/13/2026 B 2 XXXXXXXXXX FL 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1705313 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291214 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXX credit report is missing for XXXXXXXXXXXXX XXXXXXXXX       09/10/2026     A 1 XXXXXXXXXX RI 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1705313 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291215 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXX the XXXXX XXXXXXXXXXXXX XXXXXXXXX sheet.       09/10/2026     A 1 XXXXXXXXXX RI 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1705313 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291216 356 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW - Not Authorized   XXX per XXXXXXXXX guidelines, the borrower(s) must have multi family investment property experience. XXX appears there isn't any of that experience.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX   XXXXXXXX mortgage history. XXXX months reserves are required, loan has XXXXXXX months.  XXXXXXXX XXXXXX XXXXXXX XXXXX XXXXX is XXXXXXX       09/15/2026 B 2 XXXXXXXXXX RI 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1705313 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291217 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXXXX report for XXXXXXXXX XXXXXXXXXXX is missing from the file.       09/11/2026     A 1 XXXXXXXXXX RI 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1705313 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291218 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXX credit report for XXXXXXXX XXXXXXXXXX is missing from the file. TPS XXXXXX XXXXXXXXXX     09/11/2026     A 1 XXXXXXXXXX RI 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1705313 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291219 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXX per XXXXXXXXX guidelines, the loan must have impounds. XXXXX does not have impounds.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX   XXXXXXXX mortgage history. XXXX months reserves are required, loan has XXXXXXX months.  XXXXXXXX XXXXXX XXXXXXX XXXXX XXXXX is XXXXXXX       09/11/2026 B 2 XXXXXXXXXX RI 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1705315 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291220 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXXXXX XXXXXX XXXXXXXX disclosure for XXXXXXX loan with proceeds of approximately, XXXXXXXXXXXXXXXX XXXXXXX provide       09/15/2026     A 1 XXXXXXXXXX NM 1 1 C   A   A   A   C   A   A   A     Safe Harbor QM (APOR) 1
1705315 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291221 902 XXXXXXXXXX Compliance Compliance   Compliance - Pending internal completion of TRID compliance review for disclosure timing and or fee tolerance comparisons.  Additional conditions may apply.     Information provided     09/18/2026     A 1 XXXXXXXXXX NM 1 1 C   A   A   A   C   A   A   A     Safe Harbor QM (APOR) 1
1705317 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291223 423 XXXXXXXXXX Credit UW Collateral   UW Collateral - UW - Appraisal Correction/Clarification   XXXXXXXXXX reflects the property is not located in a XXXX community; however, the contract and title commitment reflect the property is subject to XXXXXXXXXXX XXXXXXXXXXXX and XXXXXXXXXXXXX for XXXXXXXXX XXXX XXXXXXX community. XXXX appraisal does not address the property being in a XXXX XXXXXXXXXXXX Revised appraisal shows XXX     09/08/2026     A 1 XXXXXXXXXX AL 2 1 C   A   C   A   A   A   A   A     Non-QM 1
1705320 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291224 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXX is missing final XXX for bridge loan.     Client 09/18/2026 09:52 AM; Hi, bridge loan was withdrawn. XXXXXXXX

 Reviewer 09/18/2026 10:03 AM;

 Reviewer 09/18/2026 11:57 AM; Hello&#x0D;
XXXX credit team will address this.&#x0D;
&#x0D;
XXXXXX

 09/18/2026     A 1 XXXXXXXXXX DE 1 1 A   A   A   A   A   A   A   A     Safe Harbor QM (APOR) 1
1705365 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15113902 423 XXXXXXXXXX Credit UW Collateral   UW Collateral - UW - Appraisal Correction/Clarification   XXXX properties with security/decorative iron window bars must have quick release latches in place on bedroom windows. XXXX appraiser must comment to confirm the latches on these bars are quick release. Page XXX of the attached updated appraisal shows comments addressing windows.   Client 09/30/2026 04:58 PM; Please see page XXX of the attached updated appraisal. XXXXXX comments addressing windows. XXXXXX you.

 Reviewer 09/30/2026 07:12 PM; Condition has been reviewed

09/30/2026     A 1 XXXXXXXXXX CA 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1705365 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15113903 375 XXXXXXXXXX Credit UW Other   UW Other - UW - Title/Deed to evidence ownership   XXXXXXXX documentation for type of ownership of the solar panels/tiles to identify whether a payment is included/excluded from the XXXXX Per appraisal, solar panels are fully paid off. XXXX prelim doesn’t even reference any solar, which supports that the panels are fully owned.    Client 09/15/2026 04:21 PM; Per appraisal, solar panels are fully paid off. XXXX prelim doesn’t even reference any solar, which supports that the panels are fully owned. XXXXXX you.

 Reviewer 09/15/2026 07:13 PM; Condition has been reviewed

09/15/2026     A 1 XXXXXXXXXX CA 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1705365 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15113904 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXXX is under litigation for repairs need to common areas against insurance company that denied the claim. XXXXXXXXXXX approved to go forward with the loan.   Client waived with compensating factors: XXXX has owned property since XXXXXXXXXXXX XXXX XXXXX score where in minimum XXXX required. XXXXXXXX XXXX where a maximum XXXX XXXX allowed. XXXXXXXX credit user.        09/10/2026 B 2 XXXXXXXXXX CA 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1705366 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15113905 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXX funds not permitted on XXXX XXXXXXX XXXXXXXXX in file to allow gift funds.   Client waived with compensating factors: XXXXX XXXX when the minimum requirement is XXXXXX XXXXXXXXX has owned primary for XXX years. XXXXXXXX credit user.        09/24/2026 B 2 XXXXXXXXXX MO 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1705366 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15113906 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXXXXXXXXXXXX of mortgage loan modification XXXXXX XXXXXXX missing from the file. Received XXX XXXXX approval to waive.     09/30/2026     A 1 XXXXXXXXXX MO 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1705371 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15113910 336 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   XXXXXXXXX non-occupant coborrower income at XXXXXXX XXXX guidelines non-occupant co-borrower income may only be considered on owner-occupied purchase transactions.   Client waived with compensating factors: XXXXX scores of XXXXXXXX where XXXX is required, XXXXXXXXX in reserves after closing, XXXX of XXXXXXXXX where max allowed is XXX       09/21/2026 B 2 XXXXXXXXXX OR 1 3 C   B   C   B   C   A   A   A     Non-QM 1
1705371 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15113911 898 XXXXXXXXXX Compliance Compliance   Compliance - TRID- Fee Tolerance Violation   XXXXX tolerance violation of XXXXXXXXX due to increase in credit report fee with no valid coc. XXXXXXX provide evidence of refund along with XXXX to borrower and XXXXX reflecting cure.  XXXX must be issued within XXX days of consummation Information provided     10/01/2026     A 1 XXXXXXXXXX OR 1 3 C   B   C   B   C   A   A   A     Non-QM 1
1705371 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15113912 902 XXXXXXXXXX Compliance Compliance   Compliance - Pending internal completion of TRID compliance review for disclosure timing and or fee tolerance comparisons.  Additional conditions may apply.     Information provided     10/01/2026     A 1 XXXXXXXXXX OR 1 3 C   B   C   B   C   A   A   A     Non-QM 1
1705383 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15114284 201 XXXXXXXXXX Credit Hazard Insurance   Hazard Insurance - is missing.   XXXXXXX provide the hazard policy. XXXXXXX include the borrower, XXXXXX XXXXXXXX as well as the policy number, XXXXXXXXXX XXXXXXXX XXXXXX XXXXXXXXXX XXXXXXX XXXXXX premium date & policy expiration date. Information provided     09/28/2026     A 1 XXXXXXXXXX ID 3 13 D   A   D   A   N/A N/A A   A     Exempt 1
1705383 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15114285 852 XXXXXXXXXX Credit Hazard Insurance   Hazard Insurance - H06 Policy required when master policy does not provide walls-in coverage   XXXXXXXXX XXXXX is XXXXXXXXXXXXXX XXXXX please provide the master policy. Information provided     09/28/2026     A 1 XXXXXXXXXX ID 3 13 D   A   D   A   N/A N/A A   A     Exempt 1
1705383 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15114286 336 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   XXXXXXXX evidence of rent received for subject property for in the amount of XXXXXXXXXX XXXXXX the XXXXXXXXX XXXXX XXXXX XXXXX when the XXXXX is XXXXXXXXXXXXXXX the property must not be vacant. Rent and XXXXXXXXX XXXXXXXX confirmation provided    Client 10/01/2026 01:51 PM; Rent and XXXXXXXXX XXXXXXXX confirmation uploaded to file showing lease start date and monthly rent. XXXXXX you.

 Reviewer 10/01/2026 02:46 PM; Condition has been reviewed

10/01/2026     A 1 XXXXXXXXXX ID 3 13 D   A   D   A   N/A N/A A   A     Exempt 1
1705383 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15114287 424 XXXXXXXXXX Credit UW Collateral   UW Collateral - UW - Appraisal Report invalid or expired   XXXXXXXX recertification of value; appraisal is over XXXX days old. XXXXXXXX XXXXXXXXX Received XXXXXXXXXXX approval for appraisal date     09/29/2026     A 1 XXXXXXXXXX ID 3 13 D   A   D   A   N/A N/A A   A     Exempt 1
1705385 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15113931 758 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit - PITIA for other REO incorrect/not included in debt ratio   XXXX file is missing documentation to verify the property taxes and insurance are included the mortgage payment for the property located at XXXXX XX XXXXX XXXX XXX addition, documentation to verify XXXX dues or there no XXXX dues required is missing. Received mortgage statement with escrow. thank you.   Reviewer 09/29/2026 11:03 PM; Provide the mortgage statement for property XXXXX XXXX XXXXX that reflects taxes and XXXX are included in the monthly payment XXXXXXX with XXXX XXXXXXXXX XXXXXXX

 10/01/2026     A 1 XXXXXXXXXX UT 1 1 C   B   C   B   A   A   A   A     Non-QM 1
1705385 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15113932 398 XXXXXXXXXX Credit UW Credit   UW Credit - UW -  Correct/Corrected Credit Report   XXXX file is missing the credit report for the borrower, XXXXXXXX Credit XXXXXXX provided      09/25/2026     A 1 XXXXXXXXXX UT 1 1 C   B   C   B   A   A   A   A     Non-QM 1
1705385 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15113933 322 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit - Minimum FICO   XXXX guidelines require a credit score of at least XXXXXX XXXX borrower's credit score is XXXXXX XXXXXXX approved exception in file   Client waived with compensating factors. XXXXXXXX XXXX when XXXX is allowed. XXXXXXXX XXXX when XXXX is allowed. XXXXXXXXX residual income when XXXXXXXX is required. XXXXXXX months of reserves when XX months is required.        09/24/2026 B 2 XXXXXXXXXX UT 1 1 C   B   C   B   A   A   A   A     Non-QM 1
1705385 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15113934 327 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Satisfactory 12 mth Rental   XXXX guidelines require housing history of XXXXXXXXXX XXXX borrower, XXXXXXXX rents their departing residence. XXXX file is missing evidence of the rental history. VOR, payment history, and XXXX statements provided      09/25/2026     A 1 XXXXXXXXXX UT 1 1 C   B   C   B   A   A   A   A     Non-QM 1
1705385 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15113935 228 XXXXXXXXXX Credit UW Approval   UW Approval - Signed 4506C missing   XXXX guidelines require an executed XXXXXXXXX XXXX file is missing the XXXXXXX for both borrowers Received signed XXXXXX     09/29/2026     A 1 XXXXXXXXXX UT 1 1 C   B   C   B   A   A   A   A     Non-QM 1
1705321 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291225 336 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   XXXXXXXXXXX XXXXX is required verifying XXXX XXXXXXXXXXXX Received processor's XXXX     09/17/2026     A 1 XXXXXXXXXX MI 1 3 C   B   C   B   A   A   A   A     Safe Harbor QM (APOR) 1
1705321 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291226 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXX months seasoning required for refinances. XXXXXXXXX in file to allow < XXX months ownership.   Client waived with compensating factors: XXXX XXXXX when the minimum requirement is XXXXXX XXXX XXXXXXXX when the max allowed is XXXXXX XXX months reserve when the minimum requirement is XX months.        09/11/2026 B 2 XXXXXXXXXX MI 1 3 C   B   C   B   A   A   A   A     Safe Harbor QM (APOR) 1
1705321 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291227 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXXXX is illegal with XX XXXX units. XXXXXXXXX in file to allow property with XX XXXX units.   Client waived with compensating factors: XXXX XXXXX when the minimum requirement is XXXXXX XXXX XXXXXXXX when the max allowed is XXXXXX XXX months reserve when the minimum requirement is XX months.       09/11/2026 B 2 XXXXXXXXXX MI 1 3 C   B   C   B   A   A   A   A     Safe Harbor QM (APOR) 1
1705321 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291228 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXX payment shock XXXXX XXXXXXXXX in file to allow > XXX payment shock.   Client waived with compensating factors: XXXX XXXXX when the minimum requirement is XXXXXX XXXX XXXXXXXX when the max allowed is XXXXXX XXX months reserve when the minimum requirement is XX months.       09/11/2026 B 2 XXXXXXXXXX MI 1 3 C   B   C   B   A   A   A   A     Safe Harbor QM (APOR) 1
1705322 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291229 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXXXXX XXX from purchase of XXXX loan XXXXXXX       09/18/2026     A 1 XXXXXXXXXX TN 3 1 A   A   A   A   N/A N/A A   A     Exempt 1
1705325 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291232 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXXX subject property is generating negative rent. XXXX guidelines require an XXXX from the borrower addressing the negative rent situation for the property being financed; however, the file is missing the XXXXXX   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXXXXXX approval to use appraisal and not requiring the negative rent letter. XXXXXXXXXXXXX XXXXXXXXX XXXXXXXXX XXXXXXX of XXXXXXXXXXX where the guideline minimum is XXXXXXXX XXXXX XXXXXXXX XXXXXXXXX of XXXXXXX months and XXX years on current job where XX years required.       09/14/2026 B 2 XXXXXXXXXX GA 3 3 C   B   C   B   N/A N/A A   A     Exempt 1
1705326 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291233 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXX is missing the XXXXXX XXX for the bridge loan       09/18/2026     A 1 XXXXXXXXXX UT 1 1 C   A   A   A   C   A   A   A     Non-QM 1
1705326 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291234 897 XXXXXXXXXX Compliance Compliance   Compliance - TRID CD- Other   XXXXXXXX XXX issued XXXX Information provided     09/24/2026     A 1 XXXXXXXXXX UT 1 1 C   A   A   A   C   A   A   A     Non-QM 1
1705326 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291235 902 XXXXXXXXXX Compliance Compliance   Compliance - Pending internal completion of TRID compliance review for disclosure timing and or fee tolerance comparisons.  Additional conditions may apply.         Client 09/28/2026 12:23 PM; Confirming status of this finding. XXXXXX you.

 Reviewer 09/28/2026 12:37 PM;

 Reviewer 09/28/2026 01:33 PM; Hello&#x0D;
XXXXX has been cleared.&#x0D;
&#x0D;
XXXXXX

 09/28/2026     A 1 XXXXXXXXXX UT 1 1 C   A   A   A   C   A   A   A     Non-QM 1
1705327 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291236 351 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW - DTI exceeds maximum limit   XXXXX management approval XXXX over XXXXXX   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXX months reserves when only XX months required. Reviewer 09/16/2026 08:46 AM;

    09/16/2026 B 2 XXXXXXXXXX AL 1 1 C   B   C   B   A   A   A   A     Non-QM 1
1705327 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291237 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXXX XXX from bridge loan.       09/16/2026     A 1 XXXXXXXXXX AL 1 1 C   B   C   B   A   A   A   A     Non-QM 1
1705329 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291239 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXXXXX final XXX from the XXXXXXXXX XXXXXXX loan showing net proceeds of at least XXXXXXXXXXXXXX and showing the payoffs of XXXXXX XXXXXXX XXXXXXXXXX (e) and XXXXXXX XXXXXXXXXX XXXXXXX XXXXXXXXX (e) along with any additional payoffs.       09/15/2026     A 1 XXXXXXXXXX VA 1 1 C   A   C   A   A   A   A   A     Safe Harbor QM (APOR) 1
1705329 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291240 336 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   XXXXXXXXX income of XXXXXXXXXXXX XXXXXXXXXXXXXX income - XXXXXXXXXXXXXX is below the minimum requirement of XXXXXXXX for XX family members as listed on the XXXXX personal tax return Received XXX XXXXX approval for residual income     09/17/2026     A 1 XXXXXXXXXX VA 1 1 C   A   C   A   A   A   A   A     Safe Harbor QM (APOR) 1
1705330 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291241 350 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW - LTV/CLTV does not meet parameters   XXXXXX loan amounts greater than XXXXXX the maximum XXXX allowed is XXXXXX XXXX loan closed with an XXXX of XXXXXX  XXXXXXX exception in file.   Client waived with compensating factors. XXXX credit score when XXXX is required. XXXXXXXXX in residual income when XXXXXXXX is required. XXXXXXXX mortgage history when XXXXXXXX is required.        09/18/2026 B 2 XXXXXXXXXX TN 1 1 D   B   D   B   A   A   A   A     Non-QM 1
1705330 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291242 336 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   XXXX file is missing verification of rental income of XXXXXXXX for property located on XXXXXXXXX XXXXXXX Removed the rental income for XXXXX XXXXXXXXXX XXXXX XXXX still in line at XXXXXXXX with updated income from XXXX statement analysis and removed rental income   Client 09/22/2026 03:46 PM; Removed the rental income for XXXXX XXXXXXXXXX dr. XXXX still in line at XXXXXXXX with updated income from XXXX statement analysis and removed rental income. XXXXXX you.

 Reviewer 09/22/2026 05:00 PM; Condition has been reviewed

09/22/2026     A 1 XXXXXXXXXX TN 1 1 D   B   D   B   A   A   A   A     Non-QM 1
1705330 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291243 437 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Missing/Incomplete Verbal VOE   XXXX file is missing the XXXXXXX XXXXXXXXXXXXX of XXXXXXXXXXX for the borrower's wage income with XXXXXX within XXX business days prior to the note date. Received XXXX     09/21/2026     A 1 XXXXXXXXXX TN 1 1 D   B   D   B   A   A   A   A     Non-QM 1
1705330 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291244 445 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Other income documentation missing/incomplete   XXXX file is missing the XXXX statement dated XXXXXXXXX XXXX XXXXX through XXXXXX XXXX XXXXX for account XXXXXXX that is being used for income purposes. XXXXX have a continuous XXX months of XXXX statements. Received XXXXX statement     09/22/2026     A 1 XXXXXXXXXX TN 1 1 D   B   D   B   A   A   A   A     Non-QM 1
1705331 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291245 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXXXXXX is closing this property with another XXXXXXX property which is on a joint mortgage. XXXXXXX management reviewed transaction and has granted exception approval.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXX of XXXX where the max allowed is XXXXX XXXXXXXXXX reserves when only XXXXXXXXX required, and XXXX fico score where the minimum required is XXX       09/03/2026 B 2 XXXXXXXXXX CO 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1705333 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291246 884 XXXXXXXXXX Compliance Compliance   Compliance - Pending Internal completion of compliance fee tests.  Additional conditions may apply.     Information provided     09/22/2026     A 1 XXXXXXXXXX SC 1 13 C   B   A   A   C   B   C   B     Non-QM 1
1705333 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291247 898 XXXXXXXXXX Compliance Compliance   Compliance - TRID- Fee Tolerance Violation   XXXXX is failing XXX tolerance for the increase in the XXXXXXX XXXXXXX XXXXXXX fee on the XXXX XXXXX  XXXX XXXX for this date does not provide a valid explanation for this increase, only stating that the invoice came in.  XXXXXXXXXX amount is XXXXXX  XXXXX a XXXXX with cure, lox to borrower, and proof of refund, all within XXX days of closing XXXXX pccd and refund provided       09/22/2026   B 2 XXXXXXXXXX SC 1 13 C   B   A   A   C   B   C   B     Non-QM 1
1705333 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291248 272 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXX guidelines for the XXXXXX XXXXXX program allows rural properties with XXX acres maximum. XXXX appraisal reflects the property is XXXXXXX acres. XXXXXXX approved exception in file.   Client waived with compensating factors. XXXXXXXX XXXXX when XXXX is allowed.  XXXXXXXX XXXXX when XXXX is allowed. XXXX credit score, when XXXX is required. XXXXXXXXX in residual income, when XXXXXXXX is required.        09/15/2026 B 2 XXXXXXXXXX SC 1 13 C   B   A   A   C   B   C   B     Non-QM 1
1705335 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291249 998 XXXXXXXXXX Credit UW Other   UW Other - UW - Title Commitment is missing or requires correction.   XXXXXXXXXX not shown on XXXXXX on page X When transaction closed, title was still in the name of their XXXX so per # XX on the uploaded XXXXXXXXXXX requirements, XXXXXX executed attached deed to put into their individual names.   Client 09/11/2026 02:45 PM; When transaction closed, title was still in the name of their XXXX so per # XX on the uploaded XXXXXXXXXXX requirements, XXXXXX executed attached deed to put into their individual names. XXXXXX you.

 Reviewer 09/11/2026 04:14 PM; Condition has been reviewed

09/11/2026     A 1 XXXXXXXXXX FL 3 13 D   A   D   A   N/A N/A A   A     Exempt 1
1705335 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291250 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXXX cash out letter is not in the file. Received XXXXX out XXX     09/10/2026     A 1 XXXXXXXXXX FL 3 13 D   A   D   A   N/A N/A A   A     Exempt 1
1705339 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291252 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXX is missing the XXXXXXX XXXXXXX for the XXXXXXXX XXXXXXXXXX       09/22/2026     A 1 XXXXXXXXXX OR 1 1 C   B   C   B   A   A   A   A     Non-QM 1
1705339 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291253 336 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   XXXX XXXXXXXX XXXXXXXXX has been self-employed for less than XX years and the XXXXXXXXXXXX XXXXX XXXXXXXXXX guidelines require borrowers be self-employed for a minimum of XX years in order to use XXXX statement income.   Client waived with compensating factors:  XXXXXX months reserves when only XX months are required; XXXX XXXXX score when the minimum is XXXXX XXXXXXXX stacked XXXX when the maximum is XXXXX       09/23/2026 B 2 XXXXXXXXXX OR 1 1 C   B   C   B   A   A   A   A     Non-QM 1
1705340 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291254 375 XXXXXXXXXX Credit UW Other   UW Other - UW - Title/Deed to evidence ownership   XXXXX of conveyance missing from file. Received loan summary approval with individual   Client 09/16/2026 05:28 PM; Please provide additional detail regarding the requirements for this finding. XXX have been getting some confusion from both our credit and docs team. XXXXXX you.

 Reviewer 09/17/2026 07:25 AM; Escalated to the auditor for additional details XXX

 Reviewer 09/17/2026 11:13 AM; Loan XXXXXXXX final approval states this file is closing in an XXXXX however, XXXX shows individuals.

 09/20/2026     A 1 XXXXXXXXXX WV 3 1 C   A   C   A   N/A N/A A   A     Exempt 1
1705341 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291257 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXXXXX the XXXXXXX XXXXXXXX XXXXXXXXXXX for the departure residence XXXXXXXX XXXX       09/15/2026     A 1 XXXXXXXXXX WA 1 1 C   B   C   A   A   A   C   B     Non-QM 1
1705341 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291258 328 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Satisfactory 12 mth Mortgage   XXXXXXXX XXX months payment history for XXXXXX XX XXXXXXXXXXX XXXXX Received payment history     09/17/2026     A 1 XXXXXXXXXX WA 1 1 C   B   C   A   A   A   C   B     Non-QM 1
1705341 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291259 272 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXXXX XXXXXXXXXXX required XXXXX XXXXXXXXXXX XXXXXXXXXX   Sr XXXXXXXXXXX XXXXXXXXX noted on XXXXXXXXXXX XXXXXXX XXXXXXX XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXX XXXXXXXXX XXXXXXX XXXXXXXXXXX where the guideline minimum requirement is XXXXXXXX XXXXX XXXXXXXX XXXXXXXXX of XXXXXXX months and XXXX of XXXXXXXXX where the guideline maximum is XXXXX       09/16/2026 B 2 XXXXXXXXXX WA 1 1 C   B   C   A   A   A   C   B     Non-QM 1
1705342 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291260 434 XXXXXXXXXX Credit UW Assets   UW Assets - UW - Shorts Funds for Reserves   XXXXXXXXX is short funds for reserves. XXXXXXXXX required XXXXXXXXXXXXX reserves verified XXXXXXXXXXXXX XXXXXXXXXXX account balance calculated at XXXXX and bridge loan proceeds less than included on XXXXX to XXXXXX worksheet. XXXXXXXX additional reserves. Received funds and reserves     09/16/2026     A 1 XXXXXXXXXX SC 1 1 C   B   C   B   A   A   A   A     Higher Priced QM (APOR) 1
1705342 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291261 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXXXX loans on all programs require senior management approval. XXXXXXXXXX approval from XXXXXXX XXXXXXXXXXX in file allowing use of bridge funds.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXXXX current mortgage payment history, XXXXXXXXX income of XXXXXXX when XXXXXXX is required and XXXX fico score where the minimum required is XXX       09/14/2026 B 2 XXXXXXXXXX SC 1 1 C   B   C   B   A   A   A   A     Higher Priced QM (APOR) 1
1705342 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291262 336 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   XXXX of future income requires senior management approval. XXXXXXX management approval in file allowing for use of future income with offer letters from employers in file.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXXXX current mortgage payment history, XXXXXXXXX income of XXXXXXX when XXXXXXX is required and XXXX fico score where the minimum required is XXX       09/14/2026 B 2 XXXXXXXXXX SC 1 1 C   B   C   B   A   A   A   A     Higher Priced QM (APOR) 1
1705342 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291263 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXXXXXX management approval required to use credit supplement as proof of liability payoff instead of letter from creditor. XXXXXXXXXX approval from senior management to allow the use of credit supplement as proof of pay off.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXXXX current mortgage payment history, XXXXXXXXX income of XXXXXXX when XXXXXXX is required and XXXX fico score where the minimum required is XXX       09/14/2026 B 2 XXXXXXXXXX SC 1 1 C   B   C   B   A   A   A   A     Higher Priced QM (APOR) 1
1705343 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291264 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXXXXX final, fully executed closing disclosure for XXXXXXX XXXXXX Information provided     09/16/2026     A 1 XXXXXXXXXX MS 1 1 C   B   C   B   A   A   A   A     Non-QM 1
1705343 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291265 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXXXX XXXXXX on all programs require senior management approval. XXXXXXXXXX approval in file from senior management allowing the use of bridge loan funds.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXX of XXXX where the max allowed is XXXXX XXXXXXXXXX reserves when only XXXXXXX required, and XXXX fico score where the minimum required is XXX       09/16/2026 B 2 XXXXXXXXXX MS 1 1 C   B   C   B   A   A   A   A     Non-QM 1
1705344 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291266 418 XXXXXXXXXX Credit UW Collateral   UW Collateral - UW - Client Condo Warranty Requirements   XXXXXX XXXXXXXXXXXXXX for subject unit not provided questionnaire for unit in same project provided. XXXXXXXXXX approval from senior management in file to allow use of questionnaire for non-subject unit.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXX of XXXXXXXX where the max allowed is XXXXX XXXXXXXXX reserves when only XXXXXXXX required, and XXXX fico score where the minimum required is XXX       09/18/2026 B 2 XXXXXXXXXX FL 3 1 C   B   C   B   N/A N/A A   A     Exempt 1
1705345 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291267 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXX per XXXXXXXXX guidelines, the maximum payment shock is XXXXX XXXXX exceeds that as the borrower currently lives in a trailer rent/mortgage free.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXXX residual income is XXXXXXXXX  XXXXXXX is XXXXXXXXXXXXXXX XXXXXXXX on a past mortgage. XXXXXXXXX reserves is XX mo. XXXXXXX is XXXXXXX months.       09/08/2026 B 2 XXXXXXXXXX NC 1 1 C   B   C   B   A   A   A   A     Non-QM 1
1705346 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291268 272 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXXXX XXXX XXXXXXXXXXX are allowed with XXXXX XXXXXXXXXXX XXXXXXXXXX   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXXXXX XXXXX of XXXX where minimum for tier is XXXXX XXXX of XXXXXXXXX where the guideline maximum is XXXXX XXXXXXXXX XXXXXXXXXX       09/24/2026 B 2 XXXXXXXXXX RI 3 13 C   B   C   B   N/A N/A C   B     Exempt 1
1705346 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291269 352 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW - Not Eligible for escrow waiver   XXXXXXXX cannot be waived on this loan due to the previous past due taxes.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXXXXX XXXXX of XXXX where minimum for tier is XXXXX XXXX of XXXXXXXXX where the guideline maximum is XXXXX XXXXXXXXX XXXXXXXXXX       09/24/2026 B 2 XXXXXXXXXX RI 3 13 C   B   C   B   N/A N/A C   B     Exempt 1
1705347 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291270 437 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Missing/Incomplete Verbal VOE   XXXXX is required for all employment no more than XXX days prior to loan funding for XXX and XXXXX missing from file. received XXXX     09/17/2026     A 1 XXXXXXXXXX FL 1 1 D   B   D   A   C   B   A   A     Non-QM 1
1705347 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291271 898 XXXXXXXXXX Compliance Compliance   Compliance - TRID- Fee Tolerance Violation   XXXX tolerance violation of XXXXXXXXX due to increase in recording fees with no valid coc.  XXXXXXX provide evidence of refund along with XXXX to borrower and XXXXX reflecting cure.  XXXX must be issued within XXX days of consummation     Client 09/18/2026 02:31 PM; Please confirm where you are seeing this increase. XXX appears there was a slight decrease in recording fees going from XXX to final XXXXX XXXXXX you.

 Reviewer 09/18/2026 03:25 PM;

 Reviewer 09/21/2026 12:40 PM; Hello&#x0D;
XXX disclosed XXXXXX for recording fees, XXXX XXX disclosed XXXXXXXXXXXXX
&#x0D;
XXXXXX

   09/22/2026   B 2 XXXXXXXXXX FL 1 1 D   B   D   A   C   B   A   A     Non-QM 1
1705349 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291273 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXX management approval for XXXX over XXXX and low reserves for small condo project.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXXXXXX months reserves when only XX months required Reviewer 09/18/2026 08:49 AM;

    09/18/2026 B 2 XXXXXXXXXX SC 2 1 C   B   C   B   A   A   A   A     Safe Harbor QM (APOR) 1
1705350 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291275 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXX payment shock on all programs is XXXXXXX XXXXXXXXX owns current primary free and clear so payment shock is XXXXXXX XXXXXXXXXX approval in file allowing for payment chock to exceed XXXXXX   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXX of XXXX where the max allowed is XXXXX XXXXXXXXXX reserves when only XXXXXXXXX required, and XXXX fico score where the minimum required is XXX       08/28/2026 B 2 XXXXXXXXXX AZ 1 1 C   B   C   B   A   A   A   A     Non-QM 1
1705351 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291276 437 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Missing/Incomplete Verbal VOE   XXX authorized XXXXXXXXX employee must orally verify all sources of employment (wage earner and self-employed)  either orally or by email before loan documents are signed but no more than XXX days prior to loan funding for wage earners. XXX XXXXX XXXXXXXXX XXXXX dated XXXXXXXXX  XXXXXXXXX XXXX     09/16/2026     A 1 XXXXXXXXXX CA 1 1 D   B   D   B   A   A   A   A     Non-QM 1
1705351 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291277 336 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   XXXXX statement XXXXXXXXXXXXXX income from a business that has been opened less than XX years but more than XX year is acceptable with senior management approval. XXXXXXXXX purchase XXXXXXXXXXX - XXXXXXXXX verification.   Client waived with compensating factors: XXXX XXXXX where a minimum XXXX XXXXX qualifies. XXXX has XXXXXXXXX residual income where a XXXXXXXX residual required. XXXX provided XXXXX XXX work in same industry.       09/14/2026 B 2 XXXXXXXXXX CA 1 1 D   B   D   B   A   A   A   A     Non-QM 1
1705353 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291278 272 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXXXXX XXXXXXXXXXX approval is required when an appraisal states the subject property is located in a declining  market. XXXXXXXXX does not evidence XXXXX XXXXXXXXXXX XXXXXXXXX for the property being located in a declining market. Received XXX XXXXX approval for declining market     09/28/2026     A 1 XXXXXXXXXX FL 2 1 C   A   A   A   A   A   C   A     Non-QM 1
1705354 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291279 272 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXX approved XXXX is required to be used for the appraisal. XXXX XXXX used is not approved. XXXXXXX approved exception in file.   XX.XX% XXXXX XXXX allowed. XXXX XXXXXXX XXXXXXX XXXX required. XXXXX XXX months in reserves, XX months required.        09/10/2026 B 2 XXXXXXXXXX PA 1 1 C   B   C   B   A   A   C   B     Non-QM 1
1705354 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291280 336 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   XXXX guidelines require the borrower to be self-employed for XX years under the XXXX statement program. XXXX borrower has only been self-employed for XX year. XXXXXXX approved exception in file.   XX.XX% XXXXX XXXX allowed. XXXX XXXXXXX XXXXXXX XXXX required. XXXXX XXX months in reserves, XX months required.        09/10/2026 B 2 XXXXXXXXXX PA 1 1 C   B   C   B   A   A   C   B     Non-QM 1
1705354 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291281 1014 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income calculation worksheet self employed   XXXX third party business income analysis is required however is not provided in the file. Received XXXXXXX worksheet     09/21/2026     A 1 XXXXXXXXXX PA 1 1 C   B   C   B   A   A   C   B     Non-QM 1
1705356 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291282 322 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit - Minimum FICO   XXXXXXXXXXX require the minimum XXXXX of XXXX for the XXXXXXXXX loan program. XXXXXXXXX XXXXX XXXXX   Client waived with compensating factors: XXX file since XXXXXX XXXXXXX after close XXXXXXX XXXXXXXXX XXXXXXXX good job time of XX years.       09/02/2026 B 2 XXXXXXXXXX CO 1 1 C   B   C   B   A   A   A   A     Non-QM 1
1705356 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291283 328 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Satisfactory 12 mth Mortgage   XXXXXXXXXXX for the XXXXXXXXX XX loan program allow a XXXXXXXX mortgage history. XXXXXXXXX has a XXXXXXXXX mortgage history.   Client waived with compensating factors: XXX file since XXXXXX XXXXXXX after close XXXXXXX XXXXXXXXX XXXXXXXX good job time of XX years.       09/02/2026 B 2 XXXXXXXXXX CO 1 1 C   B   C   B   A   A   A   A     Non-QM 1
1705357 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291284 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   XXXXXXXXXXXX mtg lates XXXXX XXXXXXXXXX request mtg lates over XXXX   COMPENSATING XXXXXXXXX XXXXXXX XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXX XXXXX XXXX when min XXXXX is XXXXX XXXXXXXXX XXXX when max allowed is XXXX XXXXXXXXXXXX XXXXXXX months reserves when only XX months are required XXXXXXXXX       09/01/2026 B 2 XXXXXXXXXX TX 2 1 C   B   C   B   A   A   A   A     Non-QM 1
1705359 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291285 447 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - 2yr Employment history not verified   XXXX years self-employment required for the XXXX statement program. XXXXXXXXX has only been self employed for XX year.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXX years at primary residence; XXXX XXXXXXXXX XXXXXXX of XXXXXXXXXXXXX where XXXXXXX is required; XXXXX XXXXXXXX XXXXXXXXX of XXXXXXX months       09/18/2026 B 2 XXXXXXXXXX CA 1 1 D   B   D   B   A   A   A   A     Non-QM 1
1705359 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291286 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXXXX amount of XXXXXXXXXXXX exceed XXXXXXXXXXX   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXX years at primary residence; XXXX XXXXXXXXX XXXXXXX of XXXXXXXXXXXXX where XXXXXXX is required; XXXXX XXXXXXXX XXXXXXXXX of XXXXXXX months       09/18/2026 B 2 XXXXXXXXXX CA 1 1 D   B   D   B   A   A   A   A     Non-QM 1
1705359 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291287 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXXX XXXXXXXX XXXXXX allowed per guidelines XXXXXX XXXXXXXX shock XXXXXXXX   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXX years at primary residence; XXXX XXXXXXXXX XXXXXXX of XXXXXXXXXXXXX where XXXXXXX is required; XXXXX XXXXXXXX XXXXXXXXX of XXXXXXX months       09/18/2026 B 2 XXXXXXXXXX CA 1 1 D   B   D   B   A   A   A   A     Non-QM 1
1705362 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291288 375 XXXXXXXXXX Credit UW Other   UW Other - UW - Title/Deed to evidence ownership   XXXXXX did not provide a chain of title showing brws as true owners of subject property. XXXXXXXXXXXXX XXXX XXXX XXXXXXXXX last recorded transfer of title. Tax cert is in borrowers name XXXX was signed as individuals    Reviewer 09/14/2026 12:46 AM; Sales agreement recorded XXXXXXXXX for the transfer of property. XXXXX of ownership not provided.

 Client 09/18/2026 01:28 PM; Ownership is indicated on the title in file, please provide additional clarity regarding the requirements for this finding. XXXXXX you.

 Reviewer 09/18/2026 02:06 PM; Provide deed transfer from XXXXXXXXXXXXX XXXXXXX a XXXXXX XXXXXXX XXXXXXXXXXXX to borrowers. XXXXXXXXXX to title: XXXXXX are XXX conveyances affecting said XXXXX recorded within XXX months of the date of this report.

 Reviewer 09/18/2026 03:44 PM; Condition has been reviewed

09/18/2026     A 1 XXXXXXXXXX WA 3 13 C   A   C   A   N/A N/A A   A     Exempt 1
1705362 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291289 375 XXXXXXXXXX Credit UW Other   UW Other - UW - Title/Deed to evidence ownership   XXXXXX approved revocable trust for brws. XXXXXXX how title is to be held. XXXXXXXXXXX loan documents may be required. When the loan closed the borrowers took title in their individual names and not in the name of their XXXXXXX   Client 09/16/2026 05:40 PM; When our loan closed the borrowers took title in their individual names and not in the name of their XXXXXXXX XXXXXX you.

 Reviewer 09/16/2026 07:00 PM; Condition has been reviewed

09/16/2026     A 1 XXXXXXXXXX WA 3 13 C   A   C   A   N/A N/A A   A     Exempt 1
1705363 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291292 272 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXX guidelines require senior management approval on all properties in a declining market.  XXXX appraisal reflects the property is located in a declining market; however, the file does not contain the required senior management approval. Received XXX XXXXX approval for declining market     09/16/2026     A 1 XXXXXXXXXX WA 3 13 D   A   D   A   N/A N/A C   A     Exempt 1
1705363 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291293 998 XXXXXXXXXX Credit UW Other   UW Other - UW - Title Commitment is missing or requires correction.   XXXX title commitment provided in the file is for the wrong property as it reflects XXXXX XXX however, the subject property is XXXXX XXX Received title with XXXXX X     09/16/2026     A 1 XXXXXXXXXX WA 3 13 D   A   D   A   N/A N/A C   A     Exempt 1
1705364 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291294 272 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXX guidelines require senior management approval on all properties in a declining market.  XXXX appraisal reflects the property is located in a declining market; however, the file does not contain the required senior management approval. Received XXX XXXXX approval for declining market     09/16/2026     A 1 XXXXXXXXXX WA 3 13 C   A   A   A   N/A N/A C   A     Exempt 1
1705367 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291295 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXXXXX XXX from bridge loan.       09/21/2026     A 1 XXXXXXXXXX MO 2 1 A   A   A   A   A   A   A   A     Safe Harbor QM (APOR) 1
1705368 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291296 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   XXXXXXXX property is located in a rural area requiring approval.   Client XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXX residual income of XXXXXXXXXXXXX exceeds required XXXXXXXX minimum XXXX XXX months reserves exceed XX months minimum reserves        09/19/2026 B 2 XXXXXXXXXX GA 1 13 C   B   C   B   A   A   A   A     Non-QM 1
1705372 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291298 335 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Calculation Incorrect   XXXX docs provided for XXXX retirement income per doc provided and XXXX stmt deposits is XXXXXXXXXXXXX stated on approval income for XXX is XXXXXXXXXX XXXXXXXX documentation supporting stated income of XXXXXXXXXX (if correct income is XXXXXXXXXXXX exception will be required for XXXX over XXXX max allowed on fixed income) Based on the XXXXXXXX letter XXX used his gross XXXXXXXX of XXXXXXXXX XXXX letter XXXXXX XXXXXXX XXXXXXXXXXX & XXXXXXXXXX + XXXXXXX XXXXX XXXXXXXX XXXXXXXXXXX XXXXXXXXXXXXXXXXXX XXXXXX XXX added the XXXXXXX + XXXXXXX for a gross of XXXXXXXX   Client 09/23/2026 04:55 PM; Based on the XXXXXXXX letter XXX used his gross XXXXXXXX of XXXXXXXXX XXXX letter XXXXXX XXXXXXX XXXXXXXXXXX &amp; XXXXXXXXXX + XXXXXXX XXXXX XXXXXXXX XXXXXXXXXXX XXXXXXXXXXXXXXXXXX XXXXXX XXX added the XXXXXXX + XXXXXXX for a gross of XXXXXXXXX XXXXXX you.

 Reviewer 09/23/2026 06:19 PM; Condition has been reviewed

09/23/2026     A 1 XXXXXXXXXX FL 1 1 C   A   C   A   A   A   A   A     Safe Harbor QM (APOR) 1
1705376 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291299 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXXXXX credit report for XXXX XX and XXXX XXXX       09/25/2026     A 1 XXXXXXXXXX AZ 1 1 A   A   A   A   A   A   A   A     Safe Harbor QM (APOR) 1
1705376 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291300 1055 XXXXXXXXXX Credit Missing Images   Missing Images - Loan Review is not Final. On Hold for Missing Critical Documentation   XXXXXXXX final XXX for bridge loan cash to close.       09/25/2026     A 1 XXXXXXXXXX AZ 1 1 A   A   A   A   A   A   A   A     Safe Harbor QM (APOR) 1
1705378 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291301 437 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Missing/Incomplete Verbal VOE   XXX per XXXXXXXXX guidelines, a XXXXX has to be completed within XXX days prior to the XXXXX date for a self employed XXXXXXXXXXX XXXXXXXX for XXXX Received XXXX     09/15/2026     A 1 XXXXXXXXXX MN 1 1 D   A   D   A   A   A   A   A     Non-QM 1
1705379 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291302 454 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW - Seasoning Requirement Not Met   XXXXXXXXXXX property owned by borrower for less than XX months receiving cash out. XXXX guidelines property must be owned (seasoned) by the borrower for at least XX months.    XXXXXXX XXXXXXX with XXXXXXXXXXXXX XXXXXXXXX XXXX of XXXXXXXX where the max allowed is XXXXX XXXXX of XXXXXXX where the minimum required is XXXXXX and XXXX fico score where the minimum required is XXXXX       09/21/2026 B 2 XXXXXXXXXX IN 3 13 C   B   C   B   N/A N/A A   A     Exempt 1
1705380 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291303 272 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Appraisal Other   XXXX the appraisal, the subject is in a declining market. XXXXXXX management approval is required. XXXXXXX approval in file.   Client waived with compensating factors.  XXXX credit score when XXXX is required. XXXXXXXX in residual income when XXXXXXXX is required.        09/25/2026 B 2 XXXXXXXXXX AZ 1 1 C   B   C   B   A   A   C   B     Non-QM 1
1705380 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291304 336 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   XXXX guidelines require the borrower to be self-employed for XX years under the XXXX statement program. XXXX borrower has only been self-employed for XX year. XXXXXXX approval in file.   Client waived with compensating factors.  XXXX credit score when XXXX is required. XXXXXXXX in residual income when XXXXXXXX is required.        09/25/2026 B 2 XXXXXXXXXX AZ 1 1 C   B   C   B   A   A   C   B     Non-QM 1
1705382 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291305 201 XXXXXXXXXX Credit Hazard Insurance   Hazard Insurance - is missing.   XXXXXXX provide the hazard policy. XXXXXXX include the borrower, XXXXXX XXXXXXXX as well as the policy number, XXXXXXXXXX XXXXXXXX XXXXXX XXXXXXXXXX XXXXXXX XXXXXX premium date & policy expiration date.       09/28/2026     A 1 XXXXXXXXXX ID 3 13 C   A   C   A   N/A N/A A   A     Exempt 1
1705382 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291306 852 XXXXXXXXXX Credit Hazard Insurance   Hazard Insurance - H06 Policy required when master policy does not provide walls-in coverage   XXXXXXXXX XXXXX is XXXXXXXXXXXXXX XXXXX please provide the master policy.       09/28/2026     A 1 XXXXXXXXXX ID 3 13 C   A   C   A   N/A N/A A   A     Exempt 1
1705382 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291307 387 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Taxes and Insurance documentation   XXXX provided shows rent loss coverage listed under XXXXXXXXXX XXX XXXXX XXXXXXX XXXXX and not subject XXXXXXXXXX XX XXXXX XXXXXXX XXXXXXX XXX also shows subject is not a rental. XXXXXXXX updated declaration page showing subject XXXXX XXXXXXX XXXX is a rental and the amount of rent loss coverage for the subject. Address XXXX on the XXXXXXX is the subject   Reviewer 09/25/2026 03:26 PM; HOI provided shows XXXXXXXXX XXX XXXXX XXXXXXX XXXX which is not the subject address  

 Client 09/28/2026 03:31 PM; HOI provided reflects subject property coverage on page XXXX XXXXXX you.

 Reviewer 09/28/2026 04:17 PM; Condition has been reviewed

09/28/2026     A 1 XXXXXXXXXX ID 3 13 C   A   C   A   N/A N/A A   A     Exempt 1
1705384 XXXXXXXXXXXXXX XXXXXXXXXXXXXX 15291310 357 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW - Cash Back Exceeds Limit   XXXXXXXX cash out proceeds XXXXXXXXXXXX XXXXXXXX XXXXX XXXXXXXXXXXXXXX   Clien waived with compensating factors: XXXX XXXX XXXXX where a XXXXXXXX XXXX qualified. XXXXXXXXXXX investor owning XX properties. XXXX XXXXXX where a minimum XXXX required for a XXXX XXXXXX        09/21/2026 B 2 XXXXXXXXXX CA 3 13 C   B   C   B   N/A N/A A   A     Exempt 1