Exhibit 99.09 - Schedule 1
| ALT Loan ID | Seller | Loan ID | Seller Loan ID | Investor Loan ID | Queue | Created Date | Last Modified Date | Finding Status | Event Level | Finding Category | Finding Sub Category | Finding Name | Reviewer Comments | Seller Comments | Finding Resolution | Finding Document | Reviewer Comp Factors | Originator Comp Factors | State | Occupancy | Loan Purpose | Refinance Purpose | Unique Finding ID | Acknowledged / Waived By | Waiver in File? |
| 2215384 | XXXXX | XXXX | XXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Missing Doc | Final HUD/Settlement Statement Not Provided | Resolved-Settlement statement provided. Resolved. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. updated Final HUD attached - Buyer-XX/XX/XXXX Counter-Settlement statement provided, Section I is incomplete. Settlement, Funding and Disbursement dates are blank. Not resolved. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. final HUD was uploaded with credit pkg.pg. 51-53 please see attached - Buyer-XX/XX/XXXX Open-The final HUD/Settlement Statement is missing. A final HUD/Settlement Statement with a settlement date/ disbursement date is missing. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Settlement statement provided. Resolved. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX | XXXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A | ||||
| 2202084 | XXXXX | XXXX | XXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Missing Doc | Missing Final HUD-1: HUD in file Illegible or Incomplete | Resolved-A final Settlement Statement certified by the settlement agent was received for the subject transaction. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-- - Due Diligence Vendor-XX/XX/XXXX Open-Missing Final HUD-1: HUD in file is Illegible or Incomplete; Unable to complete compliance testing. Missing Final HUD - Due Diligence Vendor-XX/XX/XXXX |
Resolved-A final Settlement Statement certified by the settlement agent was received for the subject transaction. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX | XXXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A | ||||
| 2201964 | XXXXX | XXXX | XXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Missing Doc | Missing Borrowing Entity Tax ID | Resolved-Borrowing Entity Tax ID provided - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document received, finding resolved - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Please find attached IRS documentation for borrower entity | Please find attached. - Due Diligence Vendor-XX/XX/XXXX Open-Document Uploaded. - Buyer-XX/XX/XXXX Open-Missing Borrowing Entity Tax ID. Missing Borrowing Entity Tax ID for layered entity. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Borrowing Entity Tax ID provided - Due Diligence Vendor-XX/XX/XXXX |
XXXXX | XXXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A | ||||
| 2202063 | XXXXX | XXXX | XXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Missing Doc | The Final 1003 is Missing | Resolved-A 1003 application for Borrower 2 was received. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Please see attached - Due Diligence Vendor-XX/XX/XXXX Counter-Finding remains, document provided was already provided in the loan file and only relates to Borrower 1. Need final application for borrower 2 or evidence to support not required. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Please see attached - Due Diligence Vendor-XX/XX/XXXX Open-B-2 Final 1003 is missing in loan file - Due Diligence Vendor-XX/XX/XXXX |
Resolved-A 1003 application for Borrower 2 was received. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX | XXXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A | ||||
| 2207153 | XXXXX | XXXX | XXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Missing Doc | Missing Payoff Statement for prior loan | Resolved-Document received, finding resolved - Due Diligence Vendor-XX/XX/XXXX Resolved-Payoff Statement for prior loan provided. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Please see uploaded payoff statment - Due Diligence Vendor-XX/XX/XXXX Open-Missing Payoff Statement for prior loan. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Document received, finding resolved - Due Diligence Vendor-XX/XX/XXXX Resolved-Payoff Statement for prior loan provided. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX | XXXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A | ||||
| 2211720 | XXXXX | XXXX | XXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | QM-ATR | ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements | Resolved-Lender provided documentation of the debts being removed from XX/XX/XXXX to XX/XX/XXXX. condition resolved - Due Diligence Vendor-XX/XX/XXXX Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Due Diligence Vendor-XX/XX/XXXX Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements Documentation is missing to verify the collection account of balance $X,XXX.XX & $X,XXX.XX disclosed on the final 1003. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Lender provided documentation of the debts being removed from XX/XX/XXXX to XX/XX/XXXX. condition resolved - Due Diligence Vendor-XX/XX/XXXX Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX |
XXXXX | XXXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A | ||||
| 2211720 | XXXXX | XXXX | XXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Missing Doc | Required Documentation is Missing | Resolved-Lender provided documentation of the debts being removed from XX/XX/XXXX to XX/XX/XXXX. condition resolved - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Due Diligence Vendor-XX/XX/XXXX Open-Documentation is missing to verify the collection account of balance $X,XXX.XX & $X,XXX.XX disclosed on the final 1003. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Lender provided documentation of the debts being removed from XX/XX/XXXX to XX/XX/XXXX. condition resolved - Due Diligence Vendor-XX/XX/XXXX |
XXXXX | XXXXX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | XXXX | N/A | N/A | ||||
| 2201659 | XXXXX | XXXX | XXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Assets | Total Qualified Assets for Reserves Post-Close is less than Total Required Reserve Amount | Resolved-Sufficient assets provided, condition resolved. - Due Diligence Vendor-XX/XX/XXXX Resolved-Total Qualified Assets for Reserves Post-Close of $X,XXX.XX is equal to or greater than Total Required Reserve Amount of $X,XXX.XX - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. HUD from simultaneous closing - Buyer-XX/XX/XXXX Open-Total Qualified Assets for Reserves Post-Close of $X,XXX.XX is less than Total Required Reserve Amount of $X,XXX.XX Total Qualified Assets for Reserves Post-Close of $X,XXX.XX is less than Total Required Reserve Amount of $X,XXX.XX - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Sufficient assets provided, condition resolved. - Due Diligence Vendor-XX/XX/XXXX Resolved-Total Qualified Assets for Reserves Post-Close of $X,XXX.XX is equal to or greater than Total Required Reserve Amount of $X,XXX.XX - Due Diligence Vendor-XX/XX/XXXX |
XXXXX | XXXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A | ||||
| 2201659 | XXXXX | XXXX | XXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Sufficient assets provided, condition resolved. - Due Diligence Vendor-XX/XX/XXXX Resolved-Audited Reserves of 9.1 month(s) are greater than or equal to Guideline Required Reserves of 6 month(s) - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. HUD from simultaneous closing - Buyer-XX/XX/XXXX Open-Audited Reserves of 4.77 month(s) are less than Guideline Required Reserves of 6 month(s) Audited Reserves of 4.99 month(s) are less than Guideline Required Reserves of 6 month(s) - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Sufficient assets provided, condition resolved. - Due Diligence Vendor-XX/XX/XXXX Resolved-Audited Reserves of 9.1 month(s) are greater than or equal to Guideline Required Reserves of 6 month(s) - Due Diligence Vendor-XX/XX/XXXX |
XXXXX | XXXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A | ||||
| 2201659 | XXXXX | XXXX | XXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Missing Doc | Hazard Insurance Policy is Missing | Resolved-HOI provided, condition resolved. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Buyer-XX/XX/XXXX Open-Annual premium not to exceed $X,XXX.XX - Due Diligence Vendor-XX/XX/XXXX |
Resolved-HOI provided, condition resolved. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX | XXXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A | ||||
| 2211713 | XXXXX | XXXX | XXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Waived | 2 - Non-Material | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material and loan will be graded a B. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Buyer-XX/XX/XXXX Open-Audited Reserves of 10.13 month(s) are less than Guideline Required Reserves of 12 month(s) - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open-Audited Reserves of 6.9 month(s) are less than Guideline Required Reserves of 12 month(s) According to the XXX 18 Matrix, 12 months of reserves are required for an 85% LTV transaction. Verified eligible assets total $X,XXX.XX (Asset 1: $X,XXX.XX; Asset 2: $X,XXX.XX). Gift funds of $X,XXX.XX $X,XXX.XX and $X,XXX.XX were provided directly to the closing agent and are not eligible to be counted toward reserve requirements. - Due Diligence Vendor-XX/XX/XXXX |
Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material and loan will be graded a B. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX | FICO 760 Housing 0x30x45 vs 0x30x12 |
XXXXX | Investment | Purchase | NA | XXXX | Originator Post-Close | No | |||
| 2211713 | XXXXX | XXXX | XXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Waived | 2 - Non-Material | Credit | Assets | Total Qualified Assets for Reserves Post-Close is less than Total Required Reserve Amount | Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material and loan will be graded a B. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Buyer-XX/XX/XXXX Open-Total Qualified Assets for Reserves Post-Close of $X,XXX.XX is less than Total Required Reserve Amount of $X,XXX.XX - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open-Total Qualified Assets for Reserves Post-Close of $X,XXX.XX is less than Total Required Reserve Amount of $X,XXX.XX According to the FMC 18 Matrix, 12 months of reserves are required for an 85% LTV transaction. Verified eligible assets total $X,XXX.XX (Asset 1: $X,XXX.XX; Asset 2: $X,XXX.XX). Gift funds of $X,XXX.XX $X,XXX.XX and $X,XXX.XX were provided directly to the closing agent and are not eligible to be counted toward reserve requirements. - Due Diligence Vendor-XX/XX/XXXX |
Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is non-material and loan will be graded a B. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX | FICO 760 Housing 0x30x45 vs 0x30x12 |
XXXXX | Investment | Purchase | NA | XXXX | Originator Post-Close | No | |||
| 2201657 | XXXXX | XXXX | XXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX Open-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX |
Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX | Primary Residence | Purchase | NA | XXXX | Investor Post-Close | No | |||||
| 2204736 | XXXXX | XXXX | XXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Cured | 2 - Non-Material | Compliance | Tolerance:FinanceCharge | Federal - Finance Charge Disclosure Tolerance (Closed End) | Cured-Lender proved PCCD, LOX, refund to borrower and Proof of delivery Correcting the finance charge. Condition cured. This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX Cured-Lender proved PCCD, LOX, refund to borrower and Proof of delivery Correcting the finance charge. Condition cured. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Buyer-XX/XX/XXXX Open-The disclosed finance charge ($X,XXX.XX) is ($X,XXX.XX) below the actual finance charge($X,XXX.XX). The Truth in Lending Act considers the disclosed finance charge inaccurate if it is more than $X,XXX.XX below the actual finance charge. (12 CFR $X,XXX.XX(d)(1); OSC 17(c)(2)(ii)-1) The disclosed finance charge ($X,XXX.XX) is ($X,XXX.XX) below the actual finance charge($X,XXX.XX). The Truth in Lending Act considers the disclosed finance charge inaccurate if it is more than $X,XXX.XX below the actual finance charge. (12 CFR $X,XXX.XX(d)(1); OSC 17(c)(2)(ii)-1 - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX |
Cured-Lender proved PCCD, LOX, refund to borrower and Proof of delivery Correcting the finance charge. Condition cured. This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX Cured-Lender proved PCCD, LOX, refund to borrower and Proof of delivery Correcting the finance charge. Condition cured. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX | XXXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A | ||||
| 2207098 | XXXXX | XXXX | XXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX Open-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX |
Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX | Primary Residence | Purchase | NA | XXXX | Investor Post-Close | No | |||||
| 2207098 | XXXXX | XXXX | XXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | TRID Tolerance | Lender Credits That Cannot Decrease Test (50001261) | Resolved-Lender provided COC and revised CD. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Seller-XX/XX/XXXX Open-The baseline amount of non-specific (lump sum) lender credits and specific lender credits is ($X,XXX.XX). The actual total fee amount shows a credit amount of ($X,XXX.XX). The following actual fees submitted as "lender credits" have decreased below their baseline amounts (General Lender Credit). Non-specific lender credits are generalized payments that do not pay for a particular fee. Specific lender credits are specific payments to pay for a specific fee. The total amount of non-specific and specific lender credits cannot decrease unless a new disclosure is provided and there is a valid changed circumstance associated with the re-disclosure. (12 CFR $X,XXX.XXe)(3) and comments 19(e)(3)-5 and -6; 12 CFR $X,XXX.XX(g)(6); 12 CFR $X,XXX.XX(h)). The Initial CD, dated XX/XX/XXXX, reflects a general Lender Credit of $X,XXX.XX in Section J. Final CD dated XX/XX/XXXX reflects a general Lender Credit of $X,XXX.XX in Section J. The loan file did not contain a valid COC to support the decrease. No evidence of a tolerance cure was provided in file. A tolerance cure of $X,XXX.XX is required. Provide Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to Borrower. - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX |
Ready for Review-Document Uploaded. - Seller-XX/XX/XXXX |
Resolved-Lender provided COC and revised CD. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX |
XXXXX | XXXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A | |||
| 2207098 | XXXXX | XXXX | XXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | TRID Tolerance | Lender Credits That Cannot Decrease Test (50001262) | Resolved-Lender provided COC and revised CD. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Buyer-XX/XX/XXXX Open-The baseline amount of non-specific (lump sum) lender credits and specific lender credits disclosed is ($X,XXX.XX). The Last CD shows a total lender credit amount of ($X,XXX.XX). The following fees "lender credits" have decreased below their baseline amounts (General Lender Credit). Non-specific lender credits are generalized payments that do not pay for a particular fee. Specific lender credits are specific payments to pay for a specific fee. The total amount of non-specific and specific lender credits cannot decrease unless a new disclosure is provided and there is a valid changed circumstance associated with the re-disclosure, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (12 CFR $X,XXX.XX(e)(3)(i) and comments 19(e)(3)(i)-5 and -6; 12 CFR $X,XXX.XX(f)(2)(v); 12 CFR $X,XXX.XX(g)(6); 12 CFR $X,XXX.XX(h)). The Initial CD, dated XX/XX/XXXX, reflects a general Lender Credit of $X,XXX.XX in Section J. Final CD dated XX/XX/XXXX reflects a general Lender Credit of $X,XXX.XX in Section J. The loan file did not contain a valid COC to support the decrease. No evidence of a tolerance cure was provided in file. A tolerance cure of $X,XXX.XX is required. Provide Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to Borrower. - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX Open- - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Lender provided COC and revised CD. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX |
XXXXX | XXXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A | ||||
| 2207098 | XXXXX | XXXX | XXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | QM-ATR | ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements | Resolved-Lender provided the missing business bank statements. Condition cleared - Due Diligence Vendor-XX/XX/XXXX Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Buyer-XX/XX/XXXX Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements 11 Bank Statements are missing for the month of XX/XX/XXXX to XX/XX/XXXX - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Lender provided the missing business bank statements. Condition cleared - Due Diligence Vendor-XX/XX/XXXX Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-XX/XX/XXXX |
XXXXX | XXXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A | ||||
| 2207098 | XXXXX | XXXX | XXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Missing Doc | Required Documentation is Missing | Resolved-Lender provided the missing business bank statements. Condition cleared - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Seller-XX/XX/XXXX Open-11 Bank Statements are missing for the month of XX/XX/XXXX to XX/XX/XXXX - Due Diligence Vendor-XX/XX/XXXX |
Ready for Review-Document Uploaded. - Seller-XX/XX/XXXX |
Resolved-Lender provided the missing business bank statements. Condition cleared - Due Diligence Vendor-XX/XX/XXXX |
XXXXX | XXXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A | |||
| 2201665 | XXXXX | XXXX | XXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Compliance | Missing Doc | ECOA: Most Recent Primary Appraisal Not Provided to Applicant | Acknowledged-Lender acknowledged. Finding is non-material, and loan will be graded a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-please waive - Buyer-XX/XX/XXXX Open-ECOA Non-Compliant: Most Recent Primary Appraisal Not Provided to Applicant. ECOA: Most Recent Primary Appraisal Date of XX/XX/XXXX is after the Primary Appraisal Delivery Date of XX/XX/XXXX. - Due Diligence Vendor-XX/XX/XXXX |
Acknowledged-Lender acknowledged. Finding is non-material, and loan will be graded a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX | Primary Residence | Purchase | NA | XXXX | Investor Post-Close | No | |||||
| 2204739 | XXXXX | XXXX | XXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX Open-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX |
Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX | Primary Residence | Purchase | NA | XXXX | Investor Post-Close | No | |||||
| 2204737 | XXXXX | XXXX | XXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | Missing Doc | Invoice - Missing or Incomplete | Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Buyer-XX/XX/XXXX Open-Invoice - Missing or Incomplete. Audit could not verify appraisal fees totaling $X,XXX.XX and $X,XXX.XX due to missing invoices. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Documentation provided. Finding Resolved. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX | XXXXX | Investment | Refinance | Cash Out - Other | XXXX | N/A | N/A | ||||
| 2207099 | XXXXX | XXXX | XXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 2 - Non-Material | Compliance | Missing Doc | ECOA: Most Recent Primary Appraisal Not Provided to Applicant | Acknowledged-This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-please waive - Buyer-XX/XX/XXXX Open-ECOA Non-Compliant: Most Recent Primary Appraisal Not Provided to Applicant. Most Recent Primary Appraisal Date of XX/XX/XXXX is after the Primary Appraisal Delivery Date of XX/XX/XXXX. This finding is non-material and will be rated a B for all agencies - Due Diligence Vendor-XX/XX/XXXX |
Acknowledged-This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX |
Most Recent Primary Appraisal Date of XX/XX/XXXX is after the Primary Appraisal Delivery Date of XX/XX/XXXX. This finding is non-material and will be rated a B for all agencies | XXXXX | Primary Residence | Purchase | NA | XXXX | Investor Post-Close | No | ||||
| 2207105 | XXXXX | XXXX | XXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Eligibility | Appraisal Transfer Does Not Meet Guideline Requirements | Resolved-Lender provided appraisal invoice. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX Resolved-Appraisal Transfer Meets Guideline Requirements - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Buyer-XX/XX/XXXX Open-Appraisal Transfer Does Not Meet Guideline Requirements. Copy of the invoice submitted to the original lender with outstanding balance if applicable - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Lender provided appraisal invoice. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX Resolved-Appraisal Transfer Meets Guideline Requirements - Due Diligence Vendor-XX/XX/XXXX |
XXXXX | XXXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A | ||||
| 2207112 | XXXXX | XXXX | XXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Lender provided documentation of EMD receipt and updated the appropriate account with the current balance. Reserves meet requirements. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX Resolved-Audited Reserves of 6.69 month(s) are greater than or equal to Guideline Required Reserves of 6 month(s) - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Due Diligence Vendor-XX/XX/XXXX Open-Audited Reserves of 5.42 month(s) are less than Guideline Required Reserves of 6 month(s) - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Lender provided documentation of EMD receipt and updated the appropriate account with the current balance. Reserves meet requirements. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX Resolved-Audited Reserves of 6.69 month(s) are greater than or equal to Guideline Required Reserves of 6 month(s) - Due Diligence Vendor-XX/XX/XXXX |
XXXXX | XXXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A | ||||
| 2207112 | XXXXX | XXXX | XXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Assets | Total Qualified Assets for Reserves Post-Close is less than Total Required Reserve Amount | Resolved-Lender provided documentation of EMD receipt and updated the appropriate account with the current balance. Total assets meet requirements. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX Resolved-Total Qualified Assets for Reserves Post-Close of $X,XXX.XX is equal to or greater than Total Required Reserve Amount of $X,XXX.XX - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Due Diligence Vendor-XX/XX/XXXX Open-Total Qualified Assets for Reserves Post-Close of $X,XXX.XX is less than Total Required Reserve Amount of $X,XXX.XX Asset statements provided end prior to the EMD check date of XX/XX/XXXX, so included the EMD in the total funds required to close thereby causing insufficient funds to cover the reserve requirement. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Lender provided documentation of EMD receipt and updated the appropriate account with the current balance. Total assets meet requirements. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX Resolved-Total Qualified Assets for Reserves Post-Close of $X,XXX.XX is equal to or greater than Total Required Reserve Amount of $X,XXX.XX - Due Diligence Vendor-XX/XX/XXXX |
XXXXX | XXXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A | ||||
| 2211719 | XXXXX | XXXX | XXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Eligibility | Appraisal Transfer Does Not Meet Guideline Requirements | Resolved-Lender provided the appraisal invoice. condition cleared. - Due Diligence Vendor-XX/XX/XXXX Resolved-Appraisal Transfer Meets Guideline Requirements - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Buyer-XX/XX/XXXX Open-Appraisal Transfer Does Not Meet Guideline Requirements. Missing the appraisal invoice. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Lender provided the appraisal invoice. condition cleared. - Due Diligence Vendor-XX/XX/XXXX Resolved-Appraisal Transfer Meets Guideline Requirements - Due Diligence Vendor-XX/XX/XXXX |
XXXXX | XXXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A | ||||
| 2211716 | XXXXX | XXXX | XXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Insurance | Hazard Insurance Effective Date is after the Disbursement Date | Resolved-Hazard Insurance Effective Date of XX/XX/XXXX is prior to or equal to the Disbursement Date of XX/XX/XXXX Or Hazard Insurance Effective Date Is Not Provided - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Buyer-XX/XX/XXXX Open-Hazard Insurance Effective Date of XX/XX/XXXX is after the Disbursement Date of XX/XX/XXXX - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Hazard Insurance Effective Date of XX/XX/XXXX is prior to or equal to the Disbursement Date of XX/XX/XXXX Or Hazard Insurance Effective Date Is Not Provided - Due Diligence Vendor-XX/XX/XXXX |
XXXXX | XXXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A | ||||
| 2211716 | XXXXX | XXXX | XXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX Open-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX |
Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX | Primary Residence | Purchase | NA | XXXX | Investor Post-Close | No | |||||
| 2204740 | XXXXX | XXXX | XXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Eligibility | Appraisal Transfer Does Not Meet Guideline Requirements | Resolved-Lender provided the appraisal invoice. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX Resolved-Appraisal Transfer Meets Guideline Requirements - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Buyer-XX/XX/XXXX Open-Appraisal Transfer Does Not Meet Guideline Requirements. Missing the appraisal invoice. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Lender provided the appraisal invoice. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX Resolved-Appraisal Transfer Meets Guideline Requirements - Due Diligence Vendor-XX/XX/XXXX |
XXXXX | XXXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A | ||||
| 2201668 | XXXXX | XXXX | XXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Waived | 2 - Non-Material | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Waived-Lender provided approved exception dated prior to consummation and all lender compensation factors have been documented and validated. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. Reserves ended up being higher so the exception for less should be fine and we agree with your 5.41 months vs needing 6 - Buyer-XX/XX/XXXX Open-Audited Reserves of 5.41 month(s) are less than Guideline Required Reserves of 6 month(s) - Due Diligence Vendor-XX/XX/XXXX |
Waived-Lender provided approved exception dated prior to consummation and all lender compensation factors have been documented and validated. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX | DTI 24.61% is less than Max of 45% 11.75 yrs Self Employed vs min 2 yrs required Residual is 27 X min 1500 FICO 686 greater than min of 680 |
XXXXX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes | |||
| 2201668 | XXXXX | XXXX | XXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Waived | 2 - Non-Material | Credit | Assets | Total Qualified Assets for Reserves Post-Close is less than Total Required Reserve Amount | Waived-Lender provided approved exception dated prior to consummation and all lender compensation factors have been documented and validated. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Seller-XX/XX/XXXX Open-Total Qualified Assets for Reserves Post-Close of $X,XXX.XX is less than Total Required Reserve Amount of $X,XXX.XX - Due Diligence Vendor-XX/XX/XXXX |
Ready for Review-Document Uploaded. - Seller-XX/XX/XXXX |
Waived-Lender provided approved exception dated prior to consummation and all lender compensation factors have been documented and validated. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-XX/XX/XXXX |
XXXXX | DTI 24.61% is less than Max of 45% 11.75 yrs Self Employed vs min 2 yrs required Residual is 27 X min 1500 FICO 686 greater than min of 680 |
XXXXX | Primary Residence | Purchase | NA | XXXX | Originator Pre-Close | Yes | ||
| 2201668 | XXXXX | XXXX | XXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Compliance | QM-ATR | ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements | Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Buyer-XX/XX/XXXX Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements Missing business bank statements for the months of " XX/XX/XXXX, XX/XX/XXXX,XX/XX/XXXX, XX/XX/XXXX, XX/XX/XXXX, XX/XX/XXXX, XX/XX/XXXX". Note: Letter from borrower confirms the account switched from #XXXX to #XXXX. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-XX/XX/XXXX |
XXXXX | XXXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A | ||||
| 2201668 | XXXXX | XXXX | XXXX | Closed | XX/XX/XXXX | XX/XX/XXXX | Resolved | 1 - Information | Credit | Income/Employment | Borrower 1 Business Bank Statements Less Than 12 Months Provided | Resolved-Lender provided the 12 months of business bank statements. Condition resolved - Due Diligence Vendor-XX/XX/XXXX Ready for Review-Document Uploaded. - Buyer-XX/XX/XXXX Open-Missing business bank statements for the months of " XX/XX/XXXX, XX/XX/XXXX,XX/XX/XXXX, XX/XX/XXXX, XX/XX/XXXX, XX/XX/XXXX, XX/XX/XXXX". Note: Letter from borrower confirms the account switched from #XXXX to #XXXX. - Due Diligence Vendor-XX/XX/XXXX |
Resolved-Lender provided the 12 months of business bank statements. Condition resolved - Due Diligence Vendor-XX/XX/XXXX |
XXXXX | XXXXX | Primary Residence | Purchase | NA | XXXX | N/A | N/A |