Exhibit 99.08 - Schedule 2
| Client | EFMT 2026-NQM12 |
| Transaction | EFMT 2026-NQM12 |
| Date | 10/16/2026 |
| Loan ID | Customer Loan ID | Seller Loan ID | Note Date | Original Loan Amount | Initial Loan Rating | Final Loan Rating | Initial Credit Rating | Final Credit Rating | Initial Compliance Rating | Final Compliance Rating | Initial Valuation Rating | Final Valuation Rating | Initial Loan Grade (S&P) | Final Loan Grade (S&P) | Initial Credit Grade (S&P) | Final Credit Grade (S&P) | Initial Compliance Grade (S&P) | Final Compliance Grade (S&P) | Initial Valuation Grade (S&P) | Final Valuation Grade (S&P) | Initial Loan Grade (DBRS Morningstar) | Final Loan Grade (DBRS Morningstar) | Initial Credit Grade (DBRS Morningstar) | Final Credit Grade (DBRS Morningstar) | Initial Compliance Grade (DBRS Morningstar) | Final Compliance Grade (DBRS Morningstar) | Initial Valuation Grade (DBRS Morningstar) | Final Valuation Grade (DBRS Morningstar) | Initial Loan Grade (Fitch) | Final Loan Grade (Fitch) | Initial Credit Grade (Fitch) | Final Credit Grade (Fitch) | Initial Compliance Grade (Fitch) | Final Compliance Grade (Fitch) | Initial Valuation Grade (Fitch) | Final Valuation Grade (Fitch) | Initial Loan Grade (Kroll) | Final Loan Grade (Kroll) | Initial Credit Grade (Kroll) | Final Credit Grade (Kroll) | Initial Compliance Grade (Kroll) | Final Compliance Grade (Kroll) | Initial Valuation Grade (Kroll) | Final Valuation Grade (Kroll) | Initial Loan Grade (Moody's) | Final Loan Grade (Moody's) | Initial Credit Grade (Moody's) | Final Credit Grade (Moody's) | Initial Compliance Grade (Moody's) | Final Compliance Grade (Moody's) | Initial Valuation Grade (Moody's) | Final Valuation Grade (Moody's) |
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| 2203709 | xx/xx/xxxx | xxxxx | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | ||
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| 2216159 | xx/xx/xxxx | xxxxx | 3 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A |