Exhibit 99.08 - Schedule 1
| Loan ID | Customer Loan ID | Seller Loan ID | Note Date | Original Loan Amount | Last Name | Property State | Occupancy | Purpose | Originator QM Status | TPR QM Status | Exception ID | Exception Number | Exception Date | Exception Type | Exception Subcategory | Exception | Exception Remedy | Rebuttal | TPR Response | Compensating Factors | Status Update Date | Finding Status | Initial Exception Grade | Final Exception Grade | Initial Loan Grade | Final Loan Grade |
| 2203708 | xx/xx/xxxx | xxxxx | xxxxx | xx | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 10691629 | 1 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. |
2026-08-07 18:33 | Cleared | 1 | 1 | 3 | 1 | ||||||
| 2203708 | xx/xx/xxxx | xxxxx | xxxxx | xx | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 10692079 | 2 of 3 | xx/xx/xxxx | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. |
2026-08-07 19:08 | Cleared | 1 | 1 | 3 | 1 | ||||||
| 2203708 | xx/xx/xxxx | xxxxx | xxxxx | xx | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 10709086 | 3 of 3 | xx/xx/xxxx | Credit | Liabilities - REO | The loan file did not contain sufficient documentation to verify debts associated with all other properties. Provide credit supplement verifying xxxxx HELOC REO XXXX xxxxx xxxxx xxxxx xxxxx closed xxxxx |
Please escalate. The borrower does not own the property per the property profile in the file and the creditor has chosen to keep the LOC open as a revolving debt (similar to a credit card or personal line of credit). This debt is not related to our property and has been included in the liabilities. - 08/14/2026 The original package pages 295-303 reflects that the property located at XXXX was sold by the borrower in XXXX. The XXXX account XXXX is still active and the debt is reflected in the borrowers liabilities and on the credit report as a liability so all payments are included in the borrowers DTI. - 08/12/2026 Its not paid off its listed on the loan app and debt accounted for. This was all done and cleared in underwriting. Its revolving because cenlar kept it open for him when he sold that home years back. - 08/11/2026 |
HELOC was changed to a revolving account and is included the DTI. Condition resolved. - 08/17/2026 Condition upheld. The loan file is missing evidence showing the xxxxx xxxxx is no longer a HELOC. - 08/13/2026 Condition upheld. The loan file is missing evidence the cited property was sold by Borrower and the HELOC attached to the property was changed to a Revolving Debt. - 08/11/2026 |
2026-08-17 16:24 | Resolved | 3 | 1 | 3 | 1 | ||||
| 2203709 | xx/xx/xxxx | xxxxx | xxxxx | xx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 10741205 | 1 of 4 | xx/xx/xxxx | Credit | Cash reserves less than required by guidelines | Total Cash reserves of 'xxxxxxxx' are less than xxxxxVerified assets of xxxxxxxx in file, xxxxxxx (6 x xxxxxxx) required reserves and xxxxxxx cash to close totals. Borrower(s) total verified assets are insufficient for cash to close/reserves xxxxxxx |
Document Uploaded. - 08/26/2026 Document Uploaded. Please see funds to close attached - 08/18/2026 |
Final PCCD and Wires were provided. Condition resolved. - 08/27/2026 Total Cash reserves are greater than $0. - 08/27/2026 Condition upheld. Evidence of multiple wires sent to Title were provided, loan file is missing the PCCD showing the credits for these wires. - 08/19/2026 |
2026-08-27 14:13 | Resolved | 3 | 1 | 3 | 1 | ||||
| 2203709 | xx/xx/xxxx | xxxxx | xxxxx | xx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 10742951 | 2 of 4 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. |
2026-08-11 16:20 | Cleared | 1 | 1 | 3 | 1 | ||||||
| 2203709 | xx/xx/xxxx | xxxxx | xxxxx | xx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 10744780 | 3 of 4 | xx/xx/xxxx | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. |
2026-08-11 17:32 | Cleared | 1 | 1 | 3 | 1 | ||||||
| 2203709 | xx/xx/xxxx | xxxxx | xxxxx | xx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 10746714 | 4 of 4 | xx/xx/xxxx | Credit | Assets - Insufficient Cash to Close or Reserves | Liquid Funds Post-Close of 'xxxxx', are less than xxxxxVerified assets of xxxxx in file, xxxxx (6 x xxxxx) required reserves and xxxxx cash to close totals. Borrower(s) total verified assets are insufficient for cash to close or reserves xxxxx.18. No evidence of the transfer of gift funds from the donor to the borrower was located in the file. Gift letter states funds of xxxxx, xxxxx and xxxxx to be transferred to Escrow/Close. Missing documentation to verify these Gift funds were received. |
Document Uploaded. - 08/26/2026 Document Uploaded. - 08/14/2026 |
Final PCCD and Wires were provided. Condition resolved. - 08/27/2026 Liquid Funds Post-Close are greater than or equal to $0. - 08/27/2026 Condition upheld. The loan file is missing the Final executed CD showing the credits for all gift funds wired to title that correspond the gift letters in file. - 08/17/2026 |
2026-08-27 14:14 | Resolved | 3 | 1 | 3 | 1 | ||||
| 2203710 | xx/xx/xxxx | xxxxx | xxxxx | xx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 10925989 | 1 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. |
2026-08-20 16:18 | Cleared | 1 | 1 | 1 | 1 | ||||||
| 2203710 | xx/xx/xxxx | xxxxx | xxxxx | xx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 10934257 | 2 of 3 | xx/xx/xxxx | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. |
2026-08-20 20:03 | Cleared | 1 | 1 | 1 | 1 | ||||||
| 2203710 | xx/xx/xxxx | xxxxx | xxxxx | xx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 10935523 | 3 of 3 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |
2026-08-20 20:19 | Cleared | 1 | 1 | 1 | 1 | ||||||
| 2216158 | xx/xx/xxxx | xxxxx | xxxxx | xx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 11064476 | 1 of 3 | xx/xx/xxxx | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. |
2026-08-27 14:53 | Cleared | 1 | 1 | 1 | 1 | ||||||
| 2216158 | xx/xx/xxxx | xxxxx | xxxxx | xx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 11124267 | 2 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. |
2026-08-31 17:57 | Cleared | 1 | 1 | 1 | 1 | ||||||
| 2216158 | xx/xx/xxxx | xxxxx | xxxxx | xx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 11129056 | 3 of 3 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |
2026-08-31 21:17 | Cleared | 1 | 1 | 1 | 1 | ||||||
| 2216157 | xx/xx/xxxx | xxxxx | xxxxx | xx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 11068495 | 1 of 3 | xx/xx/xxxx | Compliance | Intent to Proceed is Missing or Incomplete | Provide Intent to Proceed documentation. |
Document Uploaded. - 09/01/2026 |
Not required on DSCR loans - 09/02/2026 |
2026-09-02 15:35 | Resolved | 3 | 1 | 3 | 1 | ||||
| 2216157 | xx/xx/xxxx | xxxxx | xxxxx | xx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 11069412 | 2 of 3 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |
2026-08-27 17:34 | Cleared | 1 | 1 | 3 | 1 | ||||||
| 2216157 | xx/xx/xxxx | xxxxx | xxxxx | xx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 11079400 | 3 of 3 | xx/xx/xxxx | Property | Missing Doc - 3rd Party Valuation Product/Missing | The loan file did not contain the required 3rd party valuation product. An appraisal review product is required on every loan file, when no appraisal review product was provided. An exception is in file; however, it was not approved by investor. |
Document Uploaded. - 09/14/2026 Document Uploaded. - 09/01/2026 |
AVM supporting value and with a score of 92% was provided. Condition resolved. - 09/14/2026 Secondary Valuation has been provided - 09/14/2026 Document Uploaded. - 09/14/2026 Condition upheld. 3rd Party valuation is required for secuitization. - 09/10/2026 |
2026-09-14 15:41 | Resolved | 3 | 1 | 3 | 1 | ||||
| 2216159 | xx/xx/xxxx | xxxxx | xxxxx | xx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 11093704 | 1 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from Reg Z and Reg X. |
2026-08-28 17:11 | Cleared | 1 | 1 | 3 | 1 | ||||||
| 2216159 | xx/xx/xxxx | xxxxx | xxxxx | xx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 11153491 | 2 of 3 | xx/xx/xxxx | Credit | Liabilities - REO | The loan file did not contain sufficient documentation to verify debts associated with all other properties. HOA and tax information could not be found in the loan documents for the property located at xxxxx. Per Zillow, the property does have HOA fee requirements, and it does not appear that this was included in the debts. |
Document Uploaded. - 09/04/2026 |
REO docs provided. Condition resolved. - 09/08/2026 |
2026-09-08 20:03 | Resolved | 3 | 1 | 3 | 1 | ||||
| 2216159 | xx/xx/xxxx | xxxxx | xxxxx | xx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 11153625 | 3 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. |
2026-09-01 21:14 | Cleared | 1 | 1 | 3 | 1 |