Marketing ID

Infinity Loan ID

Loan Number

Loan Number 2

Borrower Last Name

Property State

Note Date

Loan Purpose

TPR QM ATR Status

Initial Overall Loan Grade

Final Overall Loan Grade

Exception Category

Exception Subcategory

Exception Code

Final Exception Status

Initial Exception Grade

Final Exception Grade

Exception

Exception Detail

Follow-up Comments (Exception Response)

Exception Conclusion Comments

Compensating Factors

Curable Status

Loan Status

Review Date

Cleared Date

Cured Date

Exception Date

Pennsylvania

07/XX/2026

Purchase

Non-QM/Compliant

Credit

B25UXYKMZWW-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide receipts for township, county, and school property taxes for each of the three prior years.
09/11/2026: Resolved. Schedule B requirements must be met in order for the title company to insure the first lien and clear marketable title.

09/11/2026: Resolved. Schedule B requirements must be met in order for the title company to insure the first lien and clear marketable title.

QC Complete

08/26/2026

09/11/2026

08/26/2026

Pennsylvania

07/XX/2026

Purchase

Non-QM/Compliant

Credit

B25UXYKMZWW-UDN50XOG

Resolved

* Borrower Identity Missing (Lvl R)

Provide a legible copy of the borrowers driver’s license, as the USA PATRIOT Act identification is illegible.

09/03/2026 Resolved : The copy of driver's license resolves the condition.

09/03/2026 Resolved : The copy of driver's license resolves the condition.

QC Complete

08/26/2026

09/03/2026

08/25/2026

Pennsylvania

07/XX/2026

Purchase

Non-QM/Compliant

Credit

B25UXYKMZWW-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide copies of bank statements for XX Bank account #XX covering June 2024 through October 2024.

09/03/2026 Resolved : The copy of bank statements resolves the condition.

09/03/2026 Resolved : The copy of bank statements resolves the condition.

QC Complete

08/26/2026

09/03/2026

08/25/2026

South Carolina

07/XX/2026

Purchase

Non-QM/Compliant

Credit

UQDDKC1UN0U-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide a copy of supporting documentation for HOA/Taxes/Insurance for the property located atXX
08/10/2026: Resolved. Taxes are $5190.08/12=$432.50 and shows lien free. In the Miscellaneous index, $251 monthly HOA. In the Email index property owned free and clear and no homeowners insurance. Total primary housing expense equals $683.50, slightly more than the $654.79 used to qualify by $28.71 and no impact to DTI

08/10/2026: Resolved. Taxes are $5190.08/12=$432.50 and shows lien free. In the Miscellaneous index, $251 monthly HOA. In the Email index property owned free and clear and no homeowners insurance. Total primary housing expense equals $683.50, slightly more than the $654.79 used to qualify by $28.71 and no impact to DTI

QC Complete

07/31/2026

08/10/2026

07/30/2026

South Carolina

07/XX/2026

Purchase

Non-QM/Compliant

Credit

UQDDKC1UN0U-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of supporting documentation for HOA/Taxes/Insurance for property located at XX
8/17/2026: Countered. Only received proof of HOA. Need proof of taxes and insurance.

08/21/2026 Resolved : the copy of mortgage statement resolves the condition.

08/21/2026 Resolved : the copy of mortgage statement resolves the condition.

QC Complete

07/31/2026

08/21/2026

07/30/2026

South Carolina

07/XX/2026

Purchase

Non-QM/Compliant

Credit

UQDDKC1UN0U-UDN50XOG

Resolved

* Borrower Identity Missing (Lvl R)

Provide a legible copy of identity document proof for B1 and B2 (XX).
8/17/2026: Resolved. Received ID's

8/17/2026: Resolved. Received ID's

QC Complete

07/31/2026

08/17/2026

07/30/2026

South Carolina

07/XX/2026

Purchase

Non-QM/Compliant

Valuation

Doc Issue

UQDDKC1UN0U-WMO0OGAE

Resolved

* Appraisal incomplete (missing map, layout, pages, etc) (Lvl R)

Provide a copy of appraisal report with rent schedule.
08/10/2026: Resolved. The subject property is a second home and rental income not applicable, full PITI for subject used when qualifying.

08/10/2026: Resolved. The subject property is a second home and rental income not applicable, full PITI for subject used when qualifying.

QC Complete

07/31/2026

08/10/2026

07/30/2026

Mississippi

07/XX/2026

Cash Out

Not Covered/Exempt

Credit

WOWAAA0UBVH-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

The “Negative Amortization” check box on the 4th page of the Final CD has not been updated.

Resolved 8/31/2026: Received PCCD dated 8/XX/2026 with updated “Negative Amortization” check box and exception is cleared

Resolved 8/31/2026: Received PCCD dated 8/XX/2026 with updated “Negative Amortization” check box and exception is cleared

QC Complete

10/23/2026

New Jersey

07/XX/2026

Purchase

Not Covered/Exempt

Credit

4IX0NVDLCAS-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of Hazard insurance with Mortgagee Clause.

08/27/2026 Resolved : The copy of hazard insurance resolves the condition.

08/27/2026 Resolved : The copy of hazard insurance resolves the condition.

QC Complete

08/26/2026

08/27/2026

08/26/2026

Pennsylvania

07/XX/2026

Cash Out

Not Covered/Exempt

Credit

SPNFYOXLROQ-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of the Personal Guaranty executed by XX, who holds 51% ownership in XX
08/12/2026: Resolved. The note is n the name of the borrower only. A personal guarantee is not needed.

08/12/2026: Resolved. The note is n the name of the borrower only. A personal guarantee is not needed.

QC Complete

08/11/2026

08/12/2026

08/11/2026

California

06/XX/2026

Cash Out

Non-QM/Compliant

Credit

M2BFS2C13VV-UDN50XOG

Resolved

* Borrower Identity Missing (Lvl R)

Borrower driver license is missing. Provide a copy of the borrower driver license.

08/27/2026 Resolved : The copy of patriot act form resolves the condition.

08/27/2026 Resolved : The copy of patriot act form resolves the condition.

QC Complete

08/26/2026

08/27/2026

08/26/2026

New York

07/XX/2026

Cash Out

Non-QM/Compliant

Credit

U14P2UW5DRV-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide payoff of statement or supporting document to exclude the below liabilities
XX*** balance: $44,528 and payment $1,023.
XX*** balance: $32,570 and payment $678.
08/20/2026: Resolved. Debts were included in ratios and still meet DTI requirement

08/20/2026: Resolved. Debts were included in ratios and still meet DTI requirement

QC Complete

08/11/2026

08/20/2026

08/11/2026

Idaho

06/XX/2026

Cash Out

Not Covered/Exempt

Credit

TIL

0M10SFMJLSH-9OPA4U12

Resolved

* Missing Closing Protection Letter (Lvl R)

Provide a copy of the Closing Protection Letter (CPL).

08/21/2026 Resolved : The copy of CPL resolves the condition.

08/21/2026 Resolved : The copy of CPL resolves the condition.

QC Complete

07/30/2026

08/21/2026

07/30/2026

Pennsylvania

07/XX/2026

Purchase

Not Covered/Exempt

Credit

RZMSVCVR1WP-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Missing current (active) lease agreement to determine the monthly rent.

08/24/2026 Resolved: Resolved as the lease agreement is not required.

08/24/2026 Resolved: Resolved as the lease agreement is not required.

QC Complete

07/30/2026

08/24/2026

07/30/2026

Pennsylvania

07/XX/2026

Purchase

Not Covered/Exempt

Credit

RZMSVCVR1WP-UDN50XOG

Resolved

* Borrower Identity Missing (Lvl R)

Provide a clear and legible copy of the borrower's driver's license, as the copy currently in the file is not legible.
8/10/2026: resolved. Received clear ID

8/10/2026: resolved. Received clear ID

QC Complete

07/30/2026

08/10/2026

07/30/2026

Texas

07/XX/2026

Purchase

Non-QM/Compliant

Credit

4YOE2BMSWMM-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide an updated title report reflecting the mortgage clause.
08/17/2026: Countered; In Texas, a title insurance commitment must explicitly list the buyer or lender as the Proposed Insured on Schedule A before the final title policy can be issued

09/01/2026 Resolved : The copy of final title policy resolves the condition.

09/01/2026 Resolved : The copy of final title policy resolves the condition.

QC Complete

07/31/2026

09/01/2026

07/30/2026

Texas

07/XX/2026

Purchase

Non-QM/Compliant

Credit

Assets Insufficient

4YOE2BMSWMM-RDQHOAL4

Resolved

* Assets are not sufficient to close (Lvl R)

Provide additional asset documentation sufficient to cover the required Cash to Close and Reserve requirements, as the current verified assets are insufficient. Required assets total $250,022.24, consisting of $177,044.30 for Cash to Close and $72,977.94 for Reserves.
08/17/2026: Resolved; Business assets in XX #XX in the name of the borrower’s business (borrower 100% owner, 75% of balance can be used) ending 5-XX-26 show $442064 and 75% equals $331,548.

08/17/2026: Resolved; Business assets in XX in the name of the borrower’s business (borrower 100% owner, 75% of balance can be used) ending 5-XX-26 show $442064 and 75% equals $331,548.

QC Complete

07/31/2026

08/17/2026

07/30/2026

South Dakota

07/XX/2026

Purchase

Non-QM/Compliant

Credit

OQY1F4WBJBA-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide a copy of Payoff Statements for the mortgage accounts.
XX
08/19/2026: Resolved. Per underwriter’s worksheets for properties listed below, loans not paid off and reported under partnership

08/19/2026: Resolved. Per underwriter’s worksheets for properties listed below, loans not paid off and reported under partnership

QC Complete

08/11/2026

08/19/2026

08/11/2026

South Dakota

07/XX/2026

Purchase

Non-QM/Compliant

Credit

OQY1F4WBJBA-4ZA4ZEZQ

Resolved

* DTI > 50% (Lvl R)

The DTI exceeds the maximum allowable guideline limit of 50% due to the revised XX monthly payment of $1,549, as reported on the XX Credit Report. The resulting DTI of 50.057% exceeds the program’s maximum allowable limit and does not meet guideline requirements.

09/01/2026 Resolved : The LOX explaining the removal of HOA amount resolves the condition.

09/01/2026 Resolved : The LOX explaining the removal of HOA amount resolves the condition.

QC Complete

08/11/2026

09/01/2026

08/11/2026

South Dakota

07/XX/2026

Purchase

Non-QM/Compliant

Credit

Doc Issue

OQY1F4WBJBA-DW5VNZ46

Resolved

* Condo / PUD rider Missing (Lvl R)

Provide a copy of the PUD Rider and an updated Mortgage/Deed of Trust reflecting the PUD Rider.
09/11/2026: Resolved. Received Deed and PUD rider

09/11/2026: Resolved. Received Deed and PUD rider

QC Complete

08/11/2026

09/11/2026

08/11/2026

California

07/XX/2026

Purchase

Non-QM/Compliant

Credit

Doc Issue

J2BN2HUGXKL-V7TJ126N

Resolved

* Amount of title insurance is less than mortgage amount (Lvl R)

The amount of title insurance is insufficient to cover the loan amount of $XX. Provide a copy of the title supplement report.

08/24/2026 Resolved : Resolved as the extended coverage policy available in the supplemental report.

08/24/2026 Resolved : Resolved as the extended coverage policy available in the supplemental report.

QC Complete

08/11/2026

08/24/2026

08/11/2026

Michigan

07/XX/2026

Cash Out

Not Covered/Exempt

Credit

Guidelines

NGRBG1YXXNC-J587LE2V

Resolved

* Loan does not conform to program guidelines (Lvl R)

The subject property is held in an LLC, which is owned 50% by the Borrower and 50% by the Borrower’s daughter. An exception is requested to the 51% LLC ownership requirement due to the Borrower’s 50% ownership interest. The exception approval is missing the authorized underwriting approval signature and date.

08/18/2026: Resolved. Amendment to operating agreement in file showing 51% ownership on page 468.

08/18/2026: Resolved. Amendment to operating agreement in file showing 51% ownership on page 468.

QC Complete

08/11/2026

08/18/2026

08/10/2026

Nevada

07/XX/2026

Refinance

Non-QM/Compliant

Credit

2BTTMJW23PH-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of the supporting document verifying the HOA amount of $635.79 for the property located at XX

09/03/2026 Resolved : Resolved as escrow does include this amount.

09/03/2026 Resolved : Resolved as escrow does include this amount.

QC Complete

08/26/2026

09/03/2026

08/26/2026

Florida

07/XX/2026

Purchase

Non-QM/Compliant

Credit

FCB0DZH1MLI-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide a copy of condo questionnaire as it is missing.
08/17/2026: Resolved. Received condo questionnaire.

08/17/2026: Resolved. Received condo questionnaire.

QC Complete

08/11/2026

08/17/2026

08/11/2026

Utah

07/XX/2026

Purchase

Not Covered/Exempt

Credit

MLDYY0YOD0M-QSFFZZOT

Resolved

* Hazard Insurance Coverage less than Loan Amount (Lvl R)

The dwelling amount of $XX does not cover the loan amount of $XX Provide a copy of the replacement cost estimator.

08/13/2026 Resolved : Resolved as adding the extra policy coverage provided sufficient dwelling limits.

08/13/2026 Resolved : Resolved as adding the extra policy coverage provided sufficient dwelling limits.

QC Complete

08/12/2026

08/13/2026

08/11/2026

Texas

07/XX/2026

Purchase

Not Covered/Exempt

Credit

R4O2SDRNUMI-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of supporting documentation for HOA/Taxes for the property located at "XX".

09/09/2026 Resolved : Resolved as there is no HOA, this is sfr home.

09/09/2026 Resolved : Resolved as there is no HOA, this is sfr home.

QC Complete

08/27/2026

09/09/2026

08/27/2026

Texas

07/XX/2026

Purchase

Not Covered/Exempt

Credit

R4O2SDRNUMI-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide updated 1003 on the property address from XX to XX5 to match the address reflected on the mortgage statement and tax document.

09/09/2026 Resolved : Resolved as REO docs in the file show correct address.

09/09/2026 Resolved : Resolved as REO docs in the file show correct address.

QC Complete

08/27/2026

09/09/2026

08/27/2026

Iowa

07/XX/2026

Purchase

Not Covered/Exempt

Credit

RZRGOLDRAVF-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of the hazard insurance policy reflecting the mortgagee clause for the subject property.
08/19/2026: Resolved. Received HOI

08/19/2026: Resolved. Received HOI

QC Complete

08/12/2026

08/19/2026

08/11/2026

Iowa

07/XX/2026

Purchase

Not Covered/Exempt

Credit

RZRGOLDRAVF-UDN50XOG

Resolved

* Borrower Identity Missing (Lvl R)

Provide a copy of identity documentation for B1, XX.
08/19/2026: Resolved. Received ID

08/19/2026: Resolved. Received ID

QC Complete

08/12/2026

08/19/2026

08/11/2026

Iowa

07/XX/2026

Purchase

Not Covered/Exempt

Credit

Assets Insufficient

RZRGOLDRAVF-RDQHOAL4

Resolved

* Assets are not sufficient to close (Lvl R)

Provide copies of the most recent two months’ bank statements for the XX Bank account reflecting the $4,500 balance.
08/19/2026: Resolved. XX not used

08/19/2026: Resolved. XX Bank not used

QC Complete

08/12/2026

08/19/2026

08/11/2026

Connecticut

07/XX/2026

Purchase

Non-QM/Compliant

Valuation

Doc Issue

ZX4JXHWGXD1-WMO0OGAE

Resolved

* Appraisal incomplete (missing map, layout, pages, etc) (Lvl R)

Appraisal update required to include interior and exterior photographs of the garage, as referenced in the purchase contract and appraisal report.
08/10/2026: Resolved. Received LOE stating the subject property only has a parking space no garage.

08/10/2026: Resolved. Received LOE stating the subject property only has a parking space no garage.

QC Complete

07/31/2026

08/10/2026

07/31/2026

Connecticut

07/XX/2026

Purchase

Non-QM/Compliant

Credit

ZX4JXHWGXD1-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide an updated Ho6 policy with subject property unit No "#XX" and mortgage clause "ISAOA/ATIMA".
08/17/2026: Resolved. Received updated HOI

08/17/2026: Resolved. Received updated HOI

QC Complete

07/31/2026

08/17/2026

07/30/2026

North Carolina

06/XX/2026

Purchase

Not Covered/Exempt

Credit

5NHYDN3SYDW-QIOS6HNF

Resolved

* No HOA fees on appraisal and property identified as a PUD (Lvl R)

No proof of evidence for stating HOA dues as $0. Based on the email conversation, they are still waiting on the title work, provide supporting documentation confirming the HOA dues.

08/24/2026 Resolved : Letter of explanation from client for HOA resolves the condition.

08/24/2026 Resolved : Letter of explanation from client for HOA resolves the condition.

QC Complete

07/31/2026

08/24/2026

07/31/2026

North Carolina

06/XX/2026

Purchase

Not Covered/Exempt

Credit

Doc Issue

5NHYDN3SYDW-U1CA63D2

Resolved

* Application Missing (Lvl R)

Provide a copy of Final Application.

08/24/2026 Resolved: The copy of final application resolves the condition.

08/24/2026 Resolved: The copy of final application resolves the condition.

QC Complete

07/31/2026

08/24/2026

07/30/2026

Alaska

07/XX/2026

Purchase

Non-QM/Compliant

Compliance

UAOQXEMJNJY-O5S9HFJ8

Resolved

* Federal Higher Price Mortgage Loan (Lvl R)

12 CFR § 1026.35(a)(1) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z

Higher-Priced Mortgage Loan Test: Charged 8.454% Allowed 8.020% + Overby 0.434%

This loan is compliant with regulation 1026.35.

This loan is compliant with regulation 1026.35.

QC Complete

08/12/2026

Alaska

07/XX/2026

Purchase

Non-QM/Compliant

Credit

UAOQXEMJNJY-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide a current payoff statement for the HELOC account with XX ending #XX, reflecting the outstanding balance of approximately $100,784.

08/19/2026 Resolved : The copy of settlement statement resolves the condition.

08/19/2026 Resolved : The copy of settlement statement resolves the condition.

QC Complete

08/12/2026

08/19/2026

08/12/2026

North Carolina

07/XX/2026

Purchase

Not Covered/Exempt

Credit

Guidelines

NUNDCMUM4X5-J587LE2V

Waived

* Loan does not conform to program guidelines (Lvl W)

The maximum allowable LTV for the program with a 711 credit score is 75%; the requested LTV is 80%.

Exception approval is present

DSCR Ratio : 1.478 DSCR exceeds the minimum guideline of 1.00
Credit Score : 711 exceeds the minimum guideline requirement of 660
Reserve : 31.27 months reserves exceed the minimum guideline of 6 months.

QC Complete

08/12/2026

New York

08/XX/2026

Purchase

Not Covered/Exempt

Credit

VJ5KUER24UH-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of 2 months bank statement for the account XX Bank#XX .
09/10/2026: Resolved. Assets from XXare not needed to close or reserves. Cash to close and required reserves covered by assets with XX and XX.

09/10/2026: Resolved. Assets from XX are not needed to close or reserves. Cash to close and required reserves covered by assets with XX and XX.

QC Complete

08/27/2026

09/10/2026

08/27/2026

Massachusetts

08/XX/2026

Purchase

Not Covered/Exempt

Credit

UFWQHQ5VH4S-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide a copy of the updated final Hazard Insurance Mortgagee Clause (ISAOA/ATIMA), as it is missing.
09/10/2026: Resolved. Received updated HOI

09/10/2026: Resolved. Received updated HOI

QC Complete

10/23/2026

08/27/2026

Massachusetts

08/XX/2026

Purchase

Not Covered/Exempt

Credit

UFWQHQ5VH4S-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Need Final CD or PCCD with demand feature check box update.

Resolved 9/9/2026: Received PCCD dated 8/XX/2026 with updated “demand feature check box" and exception is cleared

Resolved 9/9/2026: Received PCCD dated 8/XX/2026 with updated “demand feature check box" and exception is cleared

QC Complete

10/23/2026

Washington

07/XX/2026

Cash Out

Non-QM/Compliant

Valuation

Appraisal

YRYH0VX43ZL-H308PJGK

Resolved

* Appraiser Licence Missing (Lvl R)

Provide updated CDA report reflecting the appraiser’s license number.

08/31/2026 Countered : the copy of appraiser license from appraisal does not resolve the condition.

09/03/2026 Resolved : The copy of license resolves the condition.

09/03/2026 Resolved : The copy of license resolves the condition.

QC Complete

08/26/2026

09/03/2026

08/26/2026

Washington

07/XX/2026

Cash Out

Non-QM/Compliant

Credit

YRYH0VX43ZL-UDN50XOG

Resolved

* Borrower Identity Missing (Lvl R)

Provide a copy of the borrower’s identity document for XX

09/03/2026 Resolved : The copy of Patriot Act disclosure resolves the condition.

09/03/2026 Resolved : The copy of Patriot Act disclosure resolves the condition.

QC Complete

08/26/2026

09/03/2026

08/26/2026

110

Washington

07/XX/2026

Purchase

Non-QM/Compliant

Valuation

3VMPSZKHLGR-U60VDKD3

Resolved

* Automated Appraisal Review Incomplete or Data not complete (Lvl R)

Provide a secondary valuation (CDA or Desk Review) completed by an independent party other than the appraiser who prepared the original 1004 appraisal.

08/21/2026 Resolved : The copy of CDA resolves the condition.

08/21/2026 Resolved : The copy of CDA resolves the condition.

QC Complete

08/12/2026

08/21/2026

08/12/2026

128

Idaho

08/XX/2026

Purchase

Non-QM/Compliant

Credit

2NTXSU2ZNMF-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

provide the missing Business Bank statements for the XX Bank account ending in XX for the period from July 2025 through March 2026
09/08/2026: Resolved. Received bank statements.

09/08/2026: Resolved. Received bank statements.

QC Complete

08/27/2026

09/08/2026

08/27/2026

129

Wisconsin

08/XX/2026

Refinance

Non-QM/Compliant

Credit

Doc Issue

BGUIZ35CYCP-DW5VNZ46

Resolved

* Condo / PUD rider Missing (Lvl R)

Provide an updated mortgage reflecting the PUD rider box checked and a PUD rider document also.

09/01/2026 Resolved : Resolved, as the subject property is not classified as a PUD.

09/01/2026 Resolved : Resolved, as the subject property is not classified as a PUD.

QC Complete

08/27/2026

09/01/2026

08/27/2026

129

Wisconsin

08/XX/2026

Refinance

Non-QM/Compliant

Credit

BGUIZ35CYCP-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide an updated HOI policy for the subject property, as the current one is missing mortgage clause on it.

09/01/2026 Resolved : the copy of HOI policy with mortgagee clause resolves the condition.

09/01/2026 Resolved : the copy of HOI policy with mortgagee clause resolves the condition.

QC Complete

08/27/2026

09/01/2026

08/27/2026

133

Texas

07/XX/2026

Refinance

Non-QM/Compliant

Credit

Other Disclosures

HP2EMUGKDXV-ZXHR0C1D

Resolved

* Missing Required Disclosures (Lvl R)

Provide a copy of the VVOE confirming the borrower’s current employment/self-employment with DXX
08/14/2026: Countered. Borrowers self employment must be independently verified. Examples would be a google search of the business or a state search of the business.

08/24/2026 Resolved : Resolved as per the guidelines suffice the CPA within 20 days of Note.

08/24/2026 Resolved : Resolved as per the guidelines suffice the CPA within 20 days of Note.

QC Complete

08/12/2026

08/24/2026

08/12/2026

133

Texas

07/XX/2026

Refinance

Non-QM/Compliant

Credit

HP2EMUGKDXV-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of the supplemental title report reflecting the lender’s name with the required ISAOA/ATIMA clause.

08/21/2026 Resolved : Resolved as ISAOA/ATIMA language is not a required element of a Texas title commitment or lender's title policy.

08/21/2026 Resolved : Resolved as ISAOA/ATIMA language is not a required element of a Texas title commitment or lender's title policy.

QC Complete

08/12/2026

08/21/2026

08/12/2026

149

California

07/XX/2026

Purchase

Non-QM/Compliant

Credit

11X1XZMPVPO-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of the payoff statement for installment account XX, excluded in DTI.

09/11/2026 Resolved : The proof of payoff resolves the condition.

09/11/2026 Resolved : The proof of payoff resolves the condition.

QC Complete

08/28/2026

09/11/2026

08/27/2026

151

California

07/XX/2026

Cash Out

Non-QM/Compliant

Credit

TPU1GNKXDCK-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a supporting document for the installment account "XX" reflecting payment of $701.22.
08/14/2026: Countered. The document provided on page 945 shows a 1 time payment of $44,681.51. Need documentation showing payment amount of $701.22.

08/24/2026 Resolved : The copy of the proof of payments resolves the condition.

08/24/2026 Resolved : The copy of the proof of payments resolves the condition.

QC Complete

08/12/2026

08/24/2026

08/12/2026

157

Maryland

08/XX/2026

Purchase

Non-QM/Compliant

Compliance

HHZRNWDHQJR-O5S9HFJ8

Resolved

* Federal Higher Price Mortgage Loan (Lvl R)

12 CFR § 1026.35(a)(1) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.

Higher-Priced Mortgage Loan Test: Charged 9.530% Allowed 7.990% Overby +1.540%

This loan is compliant with regulation 1026.35.

This loan is compliant with regulation 1026.35.

QC Complete

09/11/2026

157

Maryland

08/XX/2026

Purchase

Non-QM/Compliant

Compliance

HHZRNWDHQJR-7NVY4BLQ

Resolved

* State Higher Price Mortgage Loan (Lvl R)

Maryland COMAR 09.03.06.02B(13) , COMAR 09.03.09.02B(6) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in the Code of Maryland Regulations (COMAR).

MD COMAR Higher-Priced Mortgage Loan Test: Charged 9.530% Allowed 7.990% Overby +1.540%

This loan is compliant with regulation MD COMAR, (Maryland COMAR 09.03.06.02B(13) , COMAR 09.03.09.02B(6).

This loan is compliant with regulation MD COMAR, (Maryland COMAR 09.03.06.02B(13) , COMAR 09.03.09.02B(6).

QC Complete

09/11/2026

163

Pennsylvania

08/XX/2026

Cash Out

Not Covered/Exempt

Credit

I5P0RCPWMRO-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of updated lease agreement for subject property as the current one in expired on 04/XX/2026.

09/11/2026 Resolved : The copy of lease renewal form resolves the condition.

09/11/2026 Resolved : The copy of lease renewal form resolves the condition.

QC Complete

08/28/2026

09/11/2026

08/27/2026

315

New York

08/XX/2026

Purchase

Non-QM/Compliant

Credit

2DRBPD1DDE0-4ZA4ZEZQ

Waived

* DTI > 50% (Lvl W)

DTI Ratio of $53.34 exceeds the guideline.

Exception approval present.

20.955 months reserves exceed the minimum guideline of 6 months.

776 exceeds the minimum guideline requirement of 720

LTV of 78.95% is less than the maximum guideline requirement of 90%.

QC Complete

08/28/2026

318

North Carolina

07/XX/2026

Cash Out

Not Covered/Exempt

Credit

Guidelines

RXJKIVLK0R4-J587LE2V

Waived

* Loan does not conform to program guidelines (Lvl W)

Exception is for 5% LTV over the max allowed of 70%. Guideline allows only maximum 70% LTV for Short-term rental on condominium.

A copy of an exception approval letter is available in the loan file.

FICO: 761 FICO exceeds the guideline requirement of 720.

DSCR: 1.26 DSCR exceeds the guideline requirement of 1.00.

Reserves: The 36 months of available reserves are more than the guideline requirement of 3 months.

QC Complete

10/26/2026

08/13/2026

319

Arizona

08/XX/2026

Purchase

Non-QM/Compliant

Compliance

RCK3HXONKPS-L5G0OVLJ

Resolved

* Missing Initial Closing Disclosure (Lvl R)

Missing Initial Closing Disclosure.

Resolved 8/28/2026: Received Initial Closing Disclosure dated 07/XX/2026 and exception is cleared

Resolved 8/28/2026: Received Initial Closing Disclosure dated 07/XX/2026 and exception is cleared

QC Complete

08/25/2026

08/27/2026

08/25/2026

321

California

08/XX/2026

Purchase

Non-QM/Compliant

Credit

DWAWBH11TKN-QSFFZZOT

Resolved

* Hazard Insurance Coverage less than Loan Amount (Lvl R)

Missing copy of master policy.
08/18/2026: Resolved. Received Master policy

08/18/2026: Resolved. Received Master policy

QC Complete

08/13/2026

08/18/2026

08/11/2026

321

California

08/XX/2026

Purchase

Non-QM/Compliant

Credit

Guidelines

DWAWBH11TKN-J587LE2V

Waived

* Loan does not conform to program guidelines (Lvl W)

Borrower is FTHB, Living rent free for more than 10 Years

Exception approval present

790 exceeds the minimum guideline requirement of 700

LTV of 76.81% is less than the maximum guideline requirement of 85%.

6 months reserves exceed the minimum guideline of 3 months.

QC Complete

08/13/2026

08/12/2026

326

Arizona

08/XX/2026

Refinance

Not Covered/Exempt

Credit

Doc Issue

Z4PWRRBAEH0-V7TJ126N

Resolved

* Amount of title insurance is less than mortgage amount (Lvl R)

The amount of title insurance of $XX on the Title Commitment is less than the loan amount $XX.
08/20/2026: Resolved. Received updated title

08/20/2026: Resolved. Received updated title

QC Complete

08/16/2026

08/20/2026

08/14/2026

326

Arizona

08/XX/2026

Refinance

Not Covered/Exempt

Credit

Guidelines

Z4PWRRBAEH0-J587LE2V

Waived

* Loan does not conform to program guidelines (Lvl W)

Requesting an exception to waive 2nd appraisal due to appreciation (rate/term)

A copy of an exception approval letter is available in the loan file.

DTI: 8.58% is lower than the maximum guideline requirement of 50.00%.

Reserves: 37 months of available reserves are more than the guideline requirement of 3 months.

FICO: 781 exceeds the minimum FICO requirement of 720.

QC Complete

08/16/2026

08/14/2026

326

Arizona

08/XX/2026

Refinance

Not Covered/Exempt

Credit

Z4PWRRBAEH0-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Gift $2,100.00 source is missing in the file (require donor statement or wiring details, and borrower statement where gift fund was received).

08/25/2026 Resolved : Resolved as the gift was provided in cash and not deposited.

08/25/2026 Resolved : Resolved as the gift was provided in cash and not deposited.

QC Complete

08/16/2026

08/25/2026

08/14/2026

333

Colorado

08/XX/2026

Purchase

Non-QM/Compliant

Credit

Guidelines

GULFWTY5BPG-J587LE2V

Waived

* Loan does not conform to program guidelines (Lvl W)

Permit first time home buyer with no 12-month payment history within the last three years.

Exception Approval Present.

Borrower has been living with spouse who owns the marital residence.

spouse will be on title for subject Stated reserves exceed $100,000.00 vs required $76,500.00

DTI of 8.15% is less than the maximum guideline requirement of 43%.

Housing History: 0x30x12 is better than guideline requirement of 1x30x12.

QC Complete

08/13/2026

08/12/2026

335

Texas

08/XX/2026

Cash Out

Non-QM/Compliant

Credit

Guidelines

YGINVMGY1MO-J587LE2V

Waived

* Loan does not conform to program guidelines (Lvl W)

Subject is a barndomunium, comp 3 is also a XX with XX acres

NSF event of 8 exceed the guideline requirement of maximum six NSF event in the any 12-month period.

Loan Exception present

704 exceeds the minimum guideline requirement of 640

DTI of 37.17% is less than the maximum guideline requirement of 50%.

Residual Income : $2$9,470.82 monthly ( Calculate it Total income - Total obligation)

QC Complete

08/27/2026

336

Ohio

08/XX/2026

Purchase

Not Covered/Exempt

Credit

KL2ADKID53T-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide a copy of the Business Purpose Loan Certification, signed by the borrower, as it is missing.
08/20/2026: Resolved. Received Business Purpose & Occupancy Affidavit

08/20/2026: Resolved. Received Business Purpose & Occupancy Affidavit

QC Complete

08/16/2026

08/20/2026

08/14/2026

348

New York

08/XX/2026

Purchase

Non-QM/Compliant

Credit

W5ON2B00DTM-UTM9VHCU

Resolved

* Final Application Incomplete (Lvl R)

Provide a legible copy of the final application, as the current document is unclear and not readable.
08/20/2026: Resolved. Received the signed 1003 that is illegible and a clear unsigned copy that was sent to closing.

08/20/2026: Resolved. Received the signed 1003 that is illegible and a clear unsigned copy that was sent to closing.

QC Complete

08/18/2026

08/20/2026

08/18/2026

348

New York

08/XX/2026

Purchase

Non-QM/Compliant

Credit

Other Disclosures

W5ON2B00DTM-ZXHR0C1D

Resolved

* Missing Required Disclosures (Lvl R)

Provide a copy of wire transfer or check for the gift amount $157,000.00.

08/28/2026 Resolved : The copy of wire transfer resolves the condition.

08/28/2026 Resolved : The copy of wire transfer resolves the condition.

QC Complete

08/18/2026

08/28/2026

08/17/2026

354

Texas

08/XX/2026

Purchase

Non-QM/Compliant

Credit

Doc Issue

RMAHLDLJDU5-V7TJ126N

Resolved

* Amount of title insurance is less than mortgage amount (Lvl R)

Provide a copy of supplemental report of title with lender name ISAOA/ATIMA. Amount of title insurance is not sufficient to cover the loan amount.

08/31/2026 Resolved : The copy of updated supplemental report resolves the condition.

08/31/2026 Resolved : The copy of updated supplemental report resolves the condition.

QC Complete

08/25/2026

08/31/2026

08/25/2026

354

Texas

08/XX/2026

Purchase

Non-QM/Compliant

Compliance

RMAHLDLJDU5-O5S9HFJ8

Resolved

* Federal Higher Price Mortgage Loan (Lvl R)

12 CFR § 1026.35(a)(1)Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.

Higher-Priced Mortgage Loan Test: Charged 9.545% Allowed 8.220% Overby +1.325%

This loan is compliant with regulation 1026.35.

This loan is compliant with regulation 1026.35.

QC Complete

08/25/2026

361

Indiana

07/XX/2026

Purchase

Not Covered/Exempt

Credit

RAVQNU530LZ-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide an updated Note with co-borrower's signature
08/14/2026: Countered. All borrowers on the loan must sign the Note. The guideline only states that Borrowers on the application must represent no less than 51% ownership of the business entity. All borrowers making up the 51%+ ownership of the business entity must be listed as borrowers on the transaction.

09/03/2026 Resolved : The copy of Note with co-borrower sign resolves the condition.

09/03/2026 Resolved : The copy of Note with co-borrower sign resolves the condition.

QC Complete

08/12/2026

09/03/2026

08/12/2026

362

Ohio

08/XX/2026

Purchase

Non-QM/Compliant

Compliance

QKBF0NK5ZAH-O5S9HFJ8

Resolved

* Federal Higher Price Mortgage Loan (Lvl R)

12 CFR § 1026.35(a)(1) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.

Higher-Priced Mortgage Loan Test: Charged 8.341% Allowed 8.210% Overby +0.131%

This loan is compliant with regulation 1026.35.

This loan is compliant with regulation 1026.35.

QC Complete

08/31/2026

08/28/2026

369

Texas

07/XX/2026

Refinance

Non-QM/Compliant

Credit

Doc Issue

3DUOB10QGAG-V7TJ126N

Resolved

* Amount of title insurance is less than mortgage amount (Lvl R)

The amount of title insurance of $XX0 on the Title Commitment is less than the loan amount $XX.
08/19/2026: Resolved. Received updated title

08/19/2026: Resolved. Received updated title

QC Complete

08/12/2026

08/19/2026

08/12/2026

369

Texas

07/XX/2026

Refinance

Non-QM/Compliant

Valuation

3DUOB10QGAG-ZI5GG5MN

Resolved

* Automated Appraisal Review Missing (Lvl R)

Provide a copy of Secondary Valuation for the subject property XX

08/21/2026 Resolved : The copy of CDA resolves the condition.

08/21/2026 Resolved : The copy of CDA resolves the condition.

QC Complete

08/12/2026

08/21/2026

08/12/2026

369

Texas

07/XX/2026

Refinance

Non-QM/Compliant

Credit

3DUOB10QGAG-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of the November 2025 bank statement for XX account ending in #XX.
08/20/2026: Resolved. Received bank statement

08/20/2026: Resolved. Received bank statement

QC Complete

08/12/2026

08/20/2026

08/12/2026

369

Texas

07/XX/2026

Refinance

Non-QM/Compliant

Credit

3DUOB10QGAG-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide copies of the payoff statements for the mortgage accounts ending in XX
08/20/2026: Resolved. The mortgages were omitted from the liabilities as paid by the borrower's business, not paid off.

08/20/2026: Resolved. The mortgages were omitted from the liabilities as paid by the borrower's business, not paid off.08/XX/2026: Resolved. The mortgages were omitted from the liabilities as paid by the borrower's business, not paid off.

08/20/2026: Resolved. The mortgages were omitted from the liabilities as paid by the borrower's business, not paid off.08/20/2026: Resolved. The mortgages were omitted from the liabilities as paid by the borrower's business, not paid off.

QC Complete

08/12/2026

08/20/2026

08/12/2026

375

Idaho

08/XX/2026

Purchase

Not Covered/Exempt

Credit

Y0NPERFZMWS-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of Business purpose certificate.

09/02/2026 Resolved : The copy of Business Purpose Loan Certificate resolves the condition.

09/02/2026 Resolved : The copy of Business Purpose Loan Certificate resolves the condition.

QC Complete

08/31/2026

09/02/2026

08/28/2026

380

South Dakota

05/XX/2026

Cash Out

Not Covered/Exempt

Credit

Guidelines

BFYPMFDHPRR-J587LE2V

Waived

* Loan does not conform to program guidelines (Lvl W)

Exception for LLC not owned by the borrowers living trust.

Exception approval present.

DSCR Ratio : 1.125 DSCR exceeds the minimum guideline of 1.00

Credit Score : 702 exceeds the minimum guideline requirement of 700

QC Complete

08/18/2026

08/17/2026

387

Florida

07/XX/2026

Purchase

Not Covered/Exempt

Credit

Guidelines

2KAGNFSH3X1-J587LE2V

Waived

* Loan does not conform to program guidelines (Lvl W)

vesting in XX where the member of the LLC is the borrowers trust - XX

Loan Exception present

60.733 months reserves exceed the minimum guideline of 6 months.

732 exceeds the minimum guideline requirement of 660

LTV of 80.00% is equal to the maximum guideline requirement of 75%.

QC Complete

07/29/2026

07/28/2026

387

Florida

07/XX/2026

Purchase

Not Covered/Exempt

Credit

Doc Issue

2KAGNFSH3X1-V7TJ126N

Resolved

* Amount of title insurance is less than mortgage amount (Lvl R)

The preliminary title report does not reflect the insured coverage amount of $XX. Provide a copy of the supplemental title report.
08/17/2026: Resolved. Received updated title

08/17/2026: Resolved. Received updated title

QC Complete

07/29/2026

08/17/2026

07/28/2026

388

Connecticut

07/XX/2026

Purchase

Not Covered/Exempt

Credit

3RKXLWLAPHB-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide a copy of the Business Purpose Loan Certification, signed by the borrower, as it is missing.
08/19/2026: Resolved. Received Business Purpose

08/19/2026: Resolved. Received Business Purpose

QC Complete

08/13/2026

08/19/2026

08/12/2026

392

Texas

08/XX/2026

Purchase

Not Covered/Exempt

Credit

024CNOZHZB5-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

REO section reflects the borrowers Investment Property (XX) as primary housing, creating an occupancy discrepancy. Provide a corrected and fully executed 1003 updating the occupancy status from Primary Residence to Investment.

08/28/2026 Resolved : The copy of updated 1003 resolves the condition.

08/28/2026 Resolved : The copy of updated 1003 resolves the condition.

QC Complete

08/25/2026

08/28/2026

08/25/2026

393

California

07/XX/2026

Purchase

Non-QM/Compliant

Credit

RQLTS5L1EFZ-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide supporting documentation for the HOA dues, property taxes, and/or hazard insurance in the amount of $443.00 for the subject property located at XX
08/17/2026: Resolved. Received letter stating borrower has no ownership on the property.

08/17/2026: Resolved. Received letter stating borrower has no ownership on the property.

QC Complete

07/29/2026

08/17/2026

07/29/2026

393

California

07/XX/2026

Purchase

Non-QM/Compliant

Credit

Guidelines

RQLTS5L1EFZ-J587LE2V

Waived

* Loan does not conform to program guidelines (Lvl W)

Allowing to waive the 5% down payment requirement from borrower own funds with an LTV of 85% Vs 80%.

Exception approval is present.

Credit Score : 765 exceeds the minimum guideline requirement of 700

Low LTV: LTV of 85% is less than the maximum guideline requirement of 90%.

Housing History: 0x30x12 is better than guideline requirement of 1x30x12.

QC Complete

07/29/2026

393

California

07/XX/2026

Purchase

Non-QM/Compliant

Credit

RQLTS5L1EFZ-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide supporting documentation for the HOA dues, property taxes, and/or hazard insurance in the amount of $369.00 for the subject property located at XX.
08/14/2026: Resolved. Received LOE from borrower stating no ownership interest in the property it is the sole owner of brother XX.

08/14/2026: Resolved. Received LOE from borrower stating no ownership interest in the property it is the sole owner of brother XX

QC Complete

07/29/2026

08/14/2026

07/29/2026

395

Utah

08/XX/2026

Purchase

Non-QM/Compliant

Credit

Guidelines

4NCDWYFVY5P-J587LE2V

Waived

* Loan does not conform to program guidelines (Lvl W)

The co-borrower's ownership interest in the business is 20%, which does not meet the guideline requirement of greater than 25% ownership.

A copy of an exception approval letter is in the loan file.

FICO: 749 exceeds the minimum FICO requirement of 720.

LTV: 80.00% is lower than the maximum guideline requirement of 90.00%.

Housing History: 0x30x12 is better than guideline requirement of 1x30x12.

QC Complete

10/26/2026

08/30/2026

404

Illinois

08/XX/2026

Refinance

Non-QM/Compliant

Credit

T0I1WD00ES5-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide sufficient asset documents to cover the reserves. (Available total reserve = $8,131.71, required reserves = 13,103.76, therefore required asset = $4,972.05.).

09/03/2026 Resolved : Resolved as the assets are not required for the refi transaction meeting the guide requirement.

09/03/2026 Resolved : Resolved as the assets are not required for the refi transaction meeting the guide requirement.

QC Complete

08/25/2026

09/03/2026

08/25/2026

408

Florida

08/XX/2026

Purchase

Non-QM/Compliant

Credit

2EXYED1OW1N-QSFFZZOT

Resolved

* Hazard Insurance Coverage less than Loan Amount (Lvl R)

Dwelling amount $XX is not sufficient to cover loan amount $XX. Provide a copy of replacement cost estimator is being covered by the dwelling.

08/28/2026 Resolved : The copy of RCE resolves the condition.

08/28/2026 Resolved : The copy of RCE resolves the condition.

QC Complete

08/25/2026

08/28/2026

08/24/2026

413

Michigan

08/XX/2026

Purchase

Not Covered/Exempt

Credit

0SOJIWRYTRM-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide a copy of the Business Purpose Loan Certification, signed by the borrower, as it is missing.
08/18/2026: Resolved. Received Business Purpose

08/18/2026: Resolved. Received Business Purpose

QC Complete

08/13/2026

08/18/2026

08/12/2026

420

New York

08/XX/2026

Purchase

Non-QM/Compliant

Credit

EG43YOF3GRN-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a corrected copy of the 1003 form for the REO located at XX wherein lease agreement reflects as XX

08/31/2026 Resolved : The copy of updated 1003 resolves the condition.

08/31/2026 Resolved : The copy of updated 1003 resolves the condition.

QC Complete

08/25/2026

08/31/2026

08/25/2026

420

New York

08/XX/2026

Purchase

Non-QM/Compliant

Credit

EG43YOF3GRN-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide a copy of the supporting document from XX for the $170.00 payment

08/28/2026 Resolved : The copy of solar lease resolves the condition.

08/28/2026 Resolved : The copy of solar lease resolves the condition.

QC Complete

08/25/2026

08/28/2026

08/25/2026

428

California

08/XX/2026

Refinance

Not Covered/Exempt

Credit

WQADRYLTCBH-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of Business Purpose Loan Certificate, as it is missing.

09/02/2026 Resolved : The copy of Business Purpose Loan Certificate resolves the condition.

09/02/2026 Resolved : The copy of Business Purpose Loan Certificate resolves the condition.

QC Complete

08/28/2026

09/02/2026

08/28/2026

435

Oklahoma

08/XX/2026

Refinance

Not Covered/Exempt

Credit

Legal Docs

CSI3YJTKXRM-EUEQKHF8

Resolved

* Missing Business Purpose & Occupancy Affidavit (Lvl R)

Provide a copy of Business Purpose Loan Certificate.

09/03/2026 Resolved : The copy of Business Purpose Loan Certificate resolves the condition.

09/03/2026 Resolved : The copy of Business Purpose Loan Certificate resolves the condition.

QC Complete

08/31/2026

09/03/2026

08/28/2026

451

Texas

08/XX/2026

Purchase

Non-QM/Compliant

Credit

OQXP3HDSUVH-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

The title report is missing ender loss payee clause verbiage.

08/25/2026 Resolved : Resolved as the texas form T-2 covers the requirement for verbiage.

08/25/2026 Resolved : Resolved as the texas form T-2 covers the requirement for verbiage.

QC Complete

10/26/2026

08/19/2026

460

New York

08/XX/2026

Purchase

Not Covered/Exempt

Credit

Guidelines

FFGSEKPS1NV-J587LE2V

Resolved

* Loan does not conform to program guidelines (Lvl R)

Title vested as LLC ,as per lender guideline vesting in the name of LLC is not permitted.

09/01/2026 Resolved :Resolved as lender guideline allows LLC.

09/01/2026 Resolved :Resolved as lender guideline allows LLC.

QC Complete

10/26/2026

09/01/2026

480

Oregon

07/XX/2026

Cash Out

Non-QM/Compliant

Credit

Doc Issue

ZFSIYOPRSRJ-V7TJ126N

Resolved

* Amount of title insurance is less than mortgage amount (Lvl R)

The title insurance amount reflected in the file ($XX) is less than the mortgage loan amount ($XX). Provide a copy of the Title Supplemental Report.
08/19/2026: Resolved. Received updated title

08/19/2026: Resolved. Received updated title

QC Complete

08/13/2026

08/19/2026

08/12/2026

483

Arizona

08/XX/2026

Purchase

Not Covered/Exempt

Credit

Title Review

I55OS1BURZM-A7YJSEV7

Resolved

* Title issue (Lvl R)

Provide proof of satisfaction or release of the judgments listed as Title Commitment Requirements #9 and #10, including: #9: XX. judgment in the principal amount of $XX, recorded 10/XX/2020, Recording No. XX. #10: XX judgment in the principal amount of $XX, recorded 12/XX/2020, Recording No. XX

08/21/2026 Resolved : The copy of court order for the both the liens resolves the condition.

08/21/2026 Resolved : The copy of court order for the both the liens resolves the condition.

QC Complete

10/26/2026

08/17/2026

498

Texas

07/XX/2026

Purchase

Not Covered/Exempt

Credit

UBE4204TJ03-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of Business Purpose Loan Certificate.
08/18/2026: Countered. loan was done as a XX. Guidelines section; 8. Required Documentation:The following documentation is required
• Complete schedule of all real estate owned, indicating financed and free and clear
properties
• Mortgage/lien rating for each financed property
• Business Purpose Loan Certification, signed by borrower(s)
o Cash in hand must comply with this disclosure
• Occupancy Certification, signed by the borrower(s)
o Occupancy of the subject property by borrower or borrower’s family member is not
permitted

08/28/2026 Resolved - The copy of Business Purpose Loan Certificate resolves the condition.

08/28/2026 Resolved - The copy of Business Purpose Loan Certificate resolves the condition.

QC Complete

07/29/2026

08/28/2026

07/29/2026

501

Missouri

08/XX/2026

Purchase

Not Covered/Exempt

Valuation

Doc Issue

H0HK44SJQRU-WMO0OGAE

Resolved

* Appraisal incomplete (missing map, layout, pages, etc) (Lvl R)

Provide photographs of the rental comparables referenced in the appraisal, as the rental comp photos are missing.

08/31/2026 Resolved : The copy of comparables resolves the condition.

08/31/2026 Resolved : The copy of comparables resolves the condition.

QC Complete

10/26/2026

08/27/2026

504

Louisiana

08/XX/2026

Purchase

Non-QM/Compliant

Credit

Guidelines

VEYS1A4FFBK-J587LE2V

Waived

* Loan does not conform to program guidelines (Lvl W)

9 NFS's In the most recent 12 months in XX account ending in XX.

Loan Exception present

727 exceeds the minimum guideline requirement of 640.

DTI of 12.29% is less than the maximum guideline requirement of 50%.

LTV of 80% is equal guideline requirement of 80%.

QC Complete

08/28/2026

08/27/2026

504

Louisiana

08/XX/2026

Purchase

Non-QM/Compliant

Credit

VEYS1A4FFBK-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide a copy of Tax cert for address XX, as it is missing in file.
09/09/2026: Resolved. Received copy of tax cert

09/09/2026: Resolved. Received copy of tax cert

QC Complete

08/28/2026

09/09/2026

08/27/2026

504

Louisiana

08/XX/2026

Purchase

Non-QM/Compliant

Credit

VEYS1A4FFBK-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of purchase addendum with a sales price of $XX
09/09/2026; Resolved. Received purchase addendum

09/09/2026; Resolved. Received purchase addendum

QC Complete

08/28/2026

09/09/2026

08/27/2026

512

Ohio

07/XX/2026

Cash Out

Non-QM/Compliant

Compliance

WCTNFQBPKG4-O5S9HFJ8

Resolved

* Federal Higher Price Mortgage Loan (Lvl R)

12 CFR § 1026.35(a)(1) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.

Higher-Priced Mortgage Loan Test: Charged 8.042% Allowed 8.020% Overby +0.022%

This loan is compliant with regulation 1026.35.

This loan is compliant with regulation 1026.35.

QC Complete

08/13/2026

512

Ohio

07/XX/2026

Cash Out

Non-QM/Compliant

Credit

WCTNFQBPKG4-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of Title report or title supplement with Mortgagee clause.

08/28/2026 Resolved : The copy of updated title supplement resolves the condition.

08/28/2026 Resolved : The copy of updated title supplement resolves the condition.

QC Complete

08/13/2026

08/28/2026

08/13/2026

512

Ohio

07/XX/2026

Cash Out

Non-QM/Compliant

Valuation

WCTNFQBPKG4-ZI5GG5MN

Resolved

* Automated Appraisal Review Missing (Lvl R)

Provide a copy of Secondary valuation.
08/20/2026: Resolved. Received copy of Collateral Desktop Analysis

08/20/2026: Resolved. Received copy of Collateral Desktop Analysis

QC Complete

08/13/2026

08/20/2026

08/13/2026

519

North Carolina

07/XX/2026

Cash Out

Not Covered/Exempt

Credit

Guidelines

2S4EGVBMRFI-J587LE2V

Waived

* Loan does not conform to program guidelines (Lvl W)

Allowing 5% LTV over the max allowed of 70%.For short-term rental guideline allows upto maximum 75%.However, loan LTV is 75%.

Exception approval is present.

Credit Score : 761 exceeds the minimum guideline requirement of 720

DSCR Ratio : 1.230 DSCR exceeds the minimum guideline of 0.50

0*30 mortgage rating since 6/17 - Excellent credit depth.

Reserve : 35.707 months reserves exceed the minimum guideline of 6 months.

QC Complete

08/13/2026

519

North Carolina

07/XX/2026

Cash Out

Not Covered/Exempt

Valuation

Value

2S4EGVBMRFI-11KL34H8

Resolved

* Quality of Appraisal Report Unacceptable (Lvl R)

Provide a copy of 1007 as it is missing. Even though the program is short-term rental, we need either form 1007 or STR analysis on the appraisal report.

08/27/2026 Resolved : Resolved as 1007 is not required short term rental.

08/27/2026 Resolved : Resolved as 1007 is not required short term rental.

QC Complete

08/13/2026

08/27/2026

08/13/2026

519

North Carolina

07/XX/2026

Cash Out

Not Covered/Exempt

Credit

2S4EGVBMRFI-UTM9VHCU

Resolved

* Final Application Incomplete (Lvl R)

Provide a Letter of Explanation (LOE) for why the mortgage account XX ending in XX appears on the credit report but is not included in the final 1003 REO section.

08/28/2026 Resolved : The copy of LOE and application resolves the condition.

08/28/2026 Resolved : The copy of LOE and application resolves the condition.

QC Complete

08/13/2026

08/28/2026

08/13/2026

521

Illinois

08/XX/2026

Refinance

Not Covered/Exempt

Credit

EXJA2WCLN51-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Missing Business Purpose Loan Certification, signed by borrower.

08/28/2026 Resolved : The copy of Business Purpose Loan Certification resolves the condition.

08/28/2026 Resolved : The copy of Business Purpose Loan Certification resolves the condition.

QC Complete

10/26/2026

08/26/2026

531

Florida

08/XX/2026

Purchase

Non-QM/Compliant

Credit

UCFIB3II1FR-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide a copy of the Feb 2026 statement for the account XX.
08/19/2026: Countered. Still need Feb 2026 statement for XX. Document received is for June 2026.

08/21/2026 Countered : The bank statement received is for XX, provide Feb 2026 statement for XX

08/27/2026 Resolved : The copy of Feb 2026 statement for XX resolves the condition.

08/27/2026 Resolved : The copy of Feb 2026 statement for XX resolves the condition.

QC Complete

08/14/2026

08/27/2026

08/14/2026

534

Illinois

08/XX/2026

Cash Out

Not Covered/Exempt

Valuation

Doc Issue

UF4SRLLAAQQ-WMO0OGAE

Resolved

* Appraisal incomplete (missing map, layout, pages, etc) (Lvl R)

Provide a copy of 1007 for the subject property address : XX
09/08/2026: Resolved. Rental income was not used to qualify on the subject. No 1007 required.

09/08/2026: Resolved. Rental income was not used to qualify on the subject. No 1007 required.

QC Complete

08/28/2026

09/08/2026

08/27/2026

544

North Carolina

08/XX/2026

Purchase

Non-QM/Compliant

Credit

Guidelines

QWZQHT25G1T-J587LE2V

Waived

* Loan does not conform to program guidelines (Lvl W)

Reserves - HOA has 41% of operating expenses in funded reserves vs. the required 50% for no reserve contribution

Insufficient fidelity - short $21,689 or $43/unit/month for 1 year

Exception Approval Present.

Low LTV: LTV of 72.47% is less than the maximum guideline requirement of 85%.

Low DTI : DTI of 44.46% is less than the maximum guideline requirement of 50%.

Credit Score : 801 exceeds the minimum guideline requirement of 700

QC Complete

08/18/2026

08/17/2026

548

Indiana

07/XX/2026

Cash Out

Non-QM/Compliant

Credit

Doc Issue

1FSIWSJAUIX-V7TJ126N

Resolved

* Amount of title insurance is less than mortgage amount (Lvl R)

Amount of Title Insurance $XX is less than mortgage amount $XX. Provide a copy of supplemental report.

08/21/2026 Resolved: The copy of final title policy resolves the condition.

08/21/2026 Resolved: The copy of final title policy resolves the condition.

QC Complete

08/18/2026

08/21/2026

08/17/2026

548

Indiana

07/XX/2026

Cash Out

Non-QM/Compliant

Credit

1FSIWSJAUIX-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of the updated final application correcting the REO section to reflect the accurate creditor names and account numbers for the following properties: XX

08/26/2026 Resolved : The copy of updated 1003 resolves the condition.

08/26/2026 Resolved : The copy of updated 1003 resolves the condition.

QC Complete

08/18/2026

08/26/2026

08/18/2026

550

South Carolina

08/XX/2026

Purchase

Non-QM/Compliant

Credit

E5SS3OTPAUV-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Loan processor's signature is missing from the VVOE.Provide an executed copy of the VVOE for borrower XX from XX

08/21/2026 Resolved : The copy of VVOE resolves the condition.

08/21/2026 Resolved : The copy of VVOE resolves the condition.

QC Complete

08/13/2026

08/21/2026

08/13/2026

550

South Carolina

08/XX/2026

Purchase

Non-QM/Compliant

Compliance

E5SS3OTPAUV-IJH0N5PE

Resolved

* ComplianceEase TRID Tolerance Test is Incomplete (Lvl R)

Missing Initial Loan Estimate.

Not Resolved 8/18/2026: Received LE dated 7/XX/2026, instead of Initial LE. 17/XX/2026 already available in loan package and updated.

Resolved 8/20/2026: Received Initial Loan Estimate. dated 07/XX/2026 and exception is cleared

Resolved 8/20/2026: Received Initial Loan Estimate. dated 07/XX/2026 and exception is cleared

QC Complete

08/13/2026

08/19/2026

08/13/2026

551

Hawaii

08/XX/2026

Purchase

Not Covered/Exempt

Credit

Guidelines

DRA0ZKRR3JO-J587LE2V

Waived

* Loan does not conform to program guidelines (Lvl W)

Exception for Co-borrower as non-permanent resident alien for an investment purchase. B2 is married to B1 who is a US citizen.

A copy of an exception approval letter is available in the loan file.

FICO: 771 FICO exceeds the guideline requirement of 700.

LTV: 80.00% LTV is less than the guideline requirement of 85.00%.

DTI: 47.41% DTI is less than the maximum guideline requirement of 50.00%.

QC Complete

10/26/2026

08/13/2026

565

Texas

08/XX/2026

Purchase

Non-QM/Compliant

Credit

IVN3Q0UYUWX-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide copies of the XX bank statements for August 2024 and October 2024 for the account ending in #XX.
09/09/2026; Resolved. Received bank statements

09/09/2026; Resolved. Received bank statements

QC Complete

08/26/2026

09/09/2026

08/26/2026

571

New York

08/XX/2026

Cash Out

Non-QM/Compliant

Credit

Guidelines

IF53RJQSYMI-J587LE2V

Waived

* Loan does not conform to program guidelines (Lvl W)

Exception is for excessive NSFs exceeding the guideline.

A copy of an exception approval letter is available in the loan file.

FICO: 729 FICO exceeds the guideline requirement of 640.

DTI: 32.75% DTI is less than the maximum guideline requirement of 50.00%.

LTV: 42.85% LTV is less than the guideline requirement of 70.00%.

QC Complete

10/26/2026

09/10/2026

574

Oregon

08/XX/2026

Purchase

Non-QM/Compliant

Credit

Guidelines

NIKHAVLPOHU-J587LE2V

Waived

* Loan does not conform to program guidelines (Lvl W)

Requesting exception to use 100% business assets

A copy of an exception approval letter is available in the loan file.

DTI: 24.20% DTI is less than the maximum guideline requirement of 50.00%.

FICO: 785 FICO exceeds the guideline requirement of 700.

QC Complete

08/28/2026

08/27/2026

589

California

08/XX/2026

Purchase

Not Covered/Exempt

Credit

UZCFMVUJ2T4-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Missing Business Purpose loan certification.
08/18/2026: Resolved. Received Business Purpose

08/18/2026: Resolved. Received Business Purpose

QC Complete

08/13/2026

08/18/2026

08/13/2026

589

California

08/XX/2026

Purchase

Not Covered/Exempt

Valuation

Value

UZCFMVUJ2T4-11KL34H8

Resolved

* Quality of Appraisal Report Unacceptable (Lvl R)

Provide a copy of the appraiser’s license, as it is missing from the file.
08/20/2026: Resolved. Received license

08/20/2026: Resolved. Received license

QC Complete

08/13/2026

08/20/2026

08/13/2026

590

Pennsylvania

08/XX/2026

Purchase

Not Covered/Exempt

Credit

UC54KA52WLH-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a corrected and fully executed Final 1003 to update the REO section, as the borrower’s current primary residence is incorrectly reflected as an Investment Property, creating an occupancy discrepancy. The occupancy status should be updated to Primary Residence.

08/27/2026 Resolved : The copy of updated 1003 resolves the condition.

08/27/2026 Resolved : The copy of updated 1003 resolves the condition.

QC Complete

08/18/2026

08/27/2026

08/14/2026

598

Hawaii

08/XX/2026

Purchase

Not Covered/Exempt

Credit

XRYJZI3X33C-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide a copy of the Business Purpose Loan Certification, signed by the borrower, as it is missing.

08/28/2026 Resolved : The copy of Business purpose & occupancy affidavit resolves the condition.

08/28/2026 Resolved : The copy of Business purpose & occupancy affidavit resolves the condition.

QC Complete

08/26/2026

08/28/2026

08/26/2026

613

Maryland

08/XX/2026

Cash Out

Not Covered/Exempt

Credit

Other Disclosures

YRS5BTUFXY3-ZXHR0C1D

Resolved

* Missing Required Disclosures (Lvl R)

Provide a copy of the Business Purpose Loan Certification, signed by the borrower, as it is missing.
08/19/2026: Resolved. Received Business Purpose

08/19/2026: Resolved. Received Business Purpose

QC Complete

08/14/2026

08/19/2026

08/14/2026

624

Massachusetts

08/XX/2026

Purchase

Not Covered/Exempt

Credit

Doc Issue

LE0J5FVNLDT-V7TJ126N

Resolved

* Amount of title insurance is less than mortgage amount (Lvl R)

The Title amount of $XX is not sufficient to cover the loan amount of $XX. Provide a copy of title supplement report with sufficient title policy to cover the loan amount.

08/25/2026 Resolved: the copy of updated title report resolves the condition.

08/25/2026 Resolved: the copy of updated title report resolves the condition.

QC Complete

08/18/2026

08/25/2026

08/17/2026

642

Ohio

07/XX/2026

Purchase

Not Covered/Exempt

Credit

5WFASDC3ADK-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide proof of payment, cancellation, and satisfaction for the mortgage in the amount of $XX, recorded on June XX, 2025, as Instrument No.XX

08/31/2026 Countered : Provide proof of seller's lien was paid off at closing.

09/04/2026 Resolved : The borrower CD, the title showing pay off resolves the condition.

09/04/2026 Resolved : The borrower CD, the title showing pay off resolves the condition.

QC Complete

10/26/2026

08/26/2026

652

Florida

06/XX/2026

Refinance

Not Covered/Exempt

Credit

YWULFW2PDFY-QSFFZZOT

Resolved

* Hazard Insurance Coverage less than Loan Amount (Lvl R)

Provide a copy of Replacement Cost Estimate. Amount of hazard insurance is not sufficient to cover the loan amount.
08/10/2026: Countered. Proof of extended coverage is needed to cover up to loan amount $XX
09/10/2026: Resolved. Received updated HOI

09/10/2026: Resolved. Received updated HOI

QC Complete

07/16/2026

09/10/2026

07/15/2026

664

Indiana

08/XX/2026

Purchase

Not Covered/Exempt

Credit

WVAUH4OMQ5A-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

The subject property ZIP code on the appraisal does not match the Note. The Note reflects ZIP code XX, while the appraisal reflects ZIP code XX.

08/24/2026 Resolved : The copy of updated appraisal resolves the condition.

08/24/2026 Resolved : The copy of updated appraisal resolves the condition.

QC Complete

08/13/2026

08/24/2026

08/13/2026

664

Indiana

08/XX/2026

Purchase

Not Covered/Exempt

Credit

WVAUH4OMQ5A-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide an LOX stating borrower is staying rent free in the property XX
08/20/2026: Resolved. Borrower is not a FTHB and meets guidelines. No rent free letter required

08/20/2026: Resolved. Borrower is not a FTHB and meets guidelines. No rent free letter required

QC Complete

08/13/2026

08/20/2026

08/13/2026

667

Louisiana

08/XX/2026

Purchase

Non-QM/Compliant

Credit

JYJJZASWVEI-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide tax cert for the REO proeprty "XX".

08/31/2026 Resolved : The copy of tax sheet resolved the condition.

08/31/2026 Resolved : The copy of tax sheet resolved the condition.

QC Complete

08/25/2026

08/31/2026

08/25/2026

668

California

08/XX/2026

Cash Out

Not Covered/Exempt

Credit

Doc Issue

LPZW0A2ZGDX-V7TJ126N

Resolved

* Amount of title insurance is less than mortgage amount (Lvl R)

Provide a copy of Title supplement which should cover the loan amount.

08/31/2026 Resolved : The copy of updated Title supplement resolves the condition.

08/31/2026 Resolved : The copy of updated Title supplement resolves the condition.

QC Complete

08/25/2026

08/31/2026

08/25/2026

668

California

08/XX/2026

Cash Out

Not Covered/Exempt

Credit

LPZW0A2ZGDX-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Missing Business Purpose Loan Cert & Occupancy Cert signed by the borrower.

08/28/2026 Resolved : The copy of Business Purpose Loan Cert & Occupancy Cert resolves the condition.

08/28/2026 Resolved : The copy of Business Purpose Loan Cert & Occupancy Cert resolves the condition.

QC Complete

08/25/2026

08/28/2026

08/25/2026

680

California

07/XX/2026

Refinance

Non-QM/Compliant

Credit

JIIN2RAA4JL-QSFFZZOT

Resolved

* Hazard Insurance Coverage less than Loan Amount (Lvl R)

Provide a copy of master policy.
08/19/2026: Resolved. Received master policy

08/19/2026: Resolved. Received master policy

QC Complete

08/13/2026

08/19/2026

08/12/2026

687

California

07/XX/2026

Purchase

Non-QM/Compliant

Credit

Guidelines

YF1U3F0SA5G-J587LE2V

Waived

* Loan does not conform to program guidelines (Lvl W)

Requesting to use 80% of business Assets for XX

Exception approval present

778 exceeds the minimum guideline requirement of 700

Low DTI : DTI of 39.17% is less than the maximum guideline requirement of 50%.

Residual Income : $19,636.67 monthly ( Calculate it Total income - Total obligation)

QC Complete

08/13/2026

690

Kentucky

05/XX/2026

Cash Out

Non-QM/Compliant

Credit

QPAXRJCXDG4-QSFFZZOT

Resolved

* Hazard Insurance Coverage less than Loan Amount (Lvl R)

Dwelling amount $XX is not sufficient to cover loan amount of $XX, Provide a copy of replacement cost estimator.

06/18/2026: Counter: Dwelling coverage of $XX on the HOI policy is insufficient to cover the loan amount of $XX as well as the total Estimate of cost new of $XX as mentioned under the Cost approach section of form 1004.

06/25/2026: Countered. Dwelling coverage of XX on the HOI policy is insufficient to cover the loan amount of $XX as well as the total Estimate of cost new of $XX as mentioned under the Cost approach section of form 1004.

07/23/2026 Resolved: The copy of RCE letter resolves the condition.

07/23/2026 Resolved: The copy of RCE letter resolves the condition.

QC Complete

06/08/2026

07/23/2026

06/04/2026

690

Kentucky

05/XX/2026

Cash Out

Non-QM/Compliant

Credit

QPAXRJCXDG4-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of updated march month statement from 23 to 31 for the account "XX" as it is missing.

08/24/2026 Countered: The copy of bank statement for the month of march does not clear the condition as it is only for 22 days ending on 22nd March. Provide bank covering the full 31 days of the month ( additional days from 23rd March to 31st March).

08/25/2026 Resolved : The copy of combined bank statement resolves the condition.

08/25/2026 Resolved : The copy of combined bank statement resolves the condition.

QC Complete

06/08/2026

08/25/2026

06/05/2026

690

Kentucky

05/XX/2026

Cash Out

Non-QM/Compliant

Credit

QPAXRJCXDG4-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Property address incorrect.Provide an updated hazard insurance for REO property "XX"
07/02/2026: Property address should be XX

07/06/2026 Resolved: the copy of hazard insurance for REO property address "XX" resolves the condition.

07/06/2026 Resolved: the copy of hazard insurance for REO property address "XX resolves the condition.

07/06/2026 Resolved: the copy of hazard insurance for REO property address "XX" resolves the condition.

QC Complete

06/08/2026

07/07/2026

06/08/2026

692

Texas

07/XX/2026

Purchase

Non-QM/Compliant

Credit

WJGQPXGGNP5-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide evidence supporting the $248 monthly amount reported for taxes, insurance, and HOA associated with the property located at XX
08/20/2026: Resolved. Received proof of tax and HOA

08/20/2026: Resolved. Received proof of tax and HOA

QC Complete

08/13/2026

08/20/2026

08/13/2026

696

California

08/XX/2026

Purchase

Not Covered/Exempt

Credit

Doc Issue

VB1U0RIGEWK-V7TJ126N

Resolved

* Amount of title insurance is less than mortgage amount (Lvl R)

The preliminary title report does not reflect the title insurance coverage amount of $XX, and the IOSAO clause is missing. provide a copy of the supplemental title report.

08/28/2026 Resolved : The copy of supplemental report resolves the condition.

08/28/2026 Resolved : The copy of supplemental report resolves the condition.

QC Complete

08/17/2026

08/28/2026

08/17/2026

706

New York

08/XX/2026

Purchase

Non-QM/Compliant

Credit

FTXFENCCAZC-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide documentation supporting the exclusion of the XX debt from the borrower’s DTI calculation.
9/9/2026: Resolved. Mortgage paid by other. Bank statement provided for proof.

9/9/2026: Resolved. Mortgage paid by other. Bank statement provided for proof.

QC Complete

08/31/2026

09/09/2026

08/28/2026

706

New York

08/XX/2026

Purchase

Non-QM/Compliant

Credit

FTXFENCCAZC-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Gift $255,000.00 source is missing in the file (require donor statement or wiring details, and borrower statement where gift fund was received)
09/08/2026: Resolved. Received incoming wire alert for $219,383.90.

09/08/2026: Resolved. Received incoming wire alert for $219,383.90.

QC Complete

08/31/2026

09/08/2026

08/28/2026

719

Colorado

07/XX/2026

Cash Out

Non-QM/Compliant

Compliance

PDVLOQTAHPK-HLXYYHQ9

Resolved

* ComplianceEase TILA Test Failed (Lvl R)

The final CD reflects a disbursement date of 08/XX/2026, which is the same as the cancellation date reflected on the ROR document. Provide the corrected disbursement date.

Resolved 8/20/2026: Received PCCD dated 8/XX/2026 with updated Disbursement date 8/XX/2026 and exception is cleared

Resolved 8/20/2026: Received PCCD dated 8/XX/2026 with updated Disbursement date 8/XX/2026 and exception is cleared

QC Complete

08/13/2026

08/20/2026

08/13/2026

719

Colorado

07/XX/2026

Cash Out

Non-QM/Compliant

Credit

Doc Issue

PDVLOQTAHPK-V7TJ126N

Resolved

* Amount of title insurance is less than mortgage amount (Lvl R)

Coverage amount $XX on the title report is less than the mortgage loan amount of $XX. Provide a copy of Title Supplement to cover the loan amount.
08/20/2026: Resolved. Received updated title

08/20/2026: Resolved. Received updated title

QC Complete

08/13/2026

08/20/2026

08/13/2026

730

Connecticut

08/XX/2026

Purchase

Non-QM/Compliant

Credit

Guidelines

T5NT5B04PBN-J587LE2V

Resolved

* Loan does not conform to program guidelines (Lvl R)

The loan does not meet the applicable guideline for mortgage payment history, which allows no more than 1 × 30-day late payment within the most recent 12 months (1 × 30 × 12). The borrower’s payment history exceeds the allowable limit.
09/08/2026: Resolved. Received 12 month current payment history.

09/08/2026: Resolved. Received 12 month current payment history.

QC Complete

10/26/2026

08/31/2026

730

Connecticut

08/XX/2026

Purchase

Non-QM/Compliant

Compliance

T5NT5B04PBN-FSGBNA1Z

Resolved

* Missing Required Disclosures (Lvl R)

Final CD disbursement date 08/XX/2026 and Final CD Borrower Signature date 08/XX/2026, Need correct disbursement date.

Resolved 09/03/2026: Received Final Closing Disclosure dated 08/XX/2026 and exception is cleared.

Resolved 09/03/2026: Received Final Closing Disclosure dated 08/XX/2026 and exception is cleared.

QC Complete

10/26/2026

731

Florida

08/XX/2026

Cash Out

Non-QM/Compliant

Credit

W42HBTOYNAP-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide updated hazard insurance for the subject property, as the current policy expired on 7/XX/2026. The updated policy must include the correct mortgagee clause and coverage amount equal to the loan amount or show 100% replacement cost coverage.
09/08/2026: Resolved. Received updated HOI

09/08/2026: Resolved. Received updated HOI

QC Complete

08/26/2026

09/08/2026

08/25/2026

731

Florida

08/XX/2026

Cash Out

Non-QM/Compliant

Compliance

W42HBTOYNAP-O5S9HFJ8

Resolved

* Federal Higher Price Mortgage Loan (Lvl R)

12 CFR § 1026.35(a)(1) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.

Higher-Priced Mortgage Loan Test: Charged 9.018% Allowed 8.030% Overby +0.988%

This loan is compliant with regulation 1026.35.

This loan is compliant with regulation 1026.35.

QC Complete

08/26/2026

08/25/2026

735

California

08/XX/2026

Purchase

Non-QM/Compliant

Credit

Guidelines

XKLFZA33NJV-J587LE2V

Waived

* Loan does not conform to program guidelines (Lvl W)

Requesting exception for Less than 2 years self-employed at 80% LTV. Borrower’s business XX originated on 9/XX/2024.

A copy of an exception approval letter is available in the loan file.

DTI: 34.15% DTI is less than the maximum guideline requirement of 50.00%.

Reserves: The 17 months of available reserves are more than the guideline requirement of 3 months.

FICO: 756 FICO exceeds the guideline requirement of 700.

QC Complete

08/25/2026

735

California

08/XX/2026

Purchase

Non-QM/Compliant

Credit

XKLFZA33NJV-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide a supporting document for the solar panels payment of $207.3

08/28/2026 Resolved : The copy of solar lease resolves the condition.

08/28/2026 Resolved : The copy of solar lease resolves the condition.

QC Complete

08/25/2026

08/28/2026

08/25/2026

740

Florida

08/XX/2026

Purchase

Not Covered/Exempt

Credit

Guidelines

OSKOYHBWQVS-J587LE2V

Waived

* Loan does not conform to program guidelines (Lvl W)

Exception is for condo less than 500 square foot and having no bedroom.

Exception Approval Present.

Credit Score : 767 exceeds the minimum guideline requirement of 720.

Low LTV: LTV of 80% is less than the maximum guideline requirement of 85%.

Low DTI : DTI of 24.71% is less than the maximum guideline requirement of 50%.

QC Complete

08/28/2026

08/27/2026

745

Illinois

08/XX/2026

Purchase

Non-QM/Compliant

Compliance

3AFGNE125OO-O5S9HFJ8

Resolved

* Federal Higher Price Mortgage Loan (Lvl R)

12 CFR § 1026.35(a)(1) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z

Higher-Priced Mortgage Loan Test: Charged 9.193% Allowed 8.180% Overby +1.013%

This loan is compliant with regulation 1026.35.

This loan is compliant with regulation 1026.35.

QC Complete

09/11/2026

747

Florida

08/XX/2026

Refinance

Non-QM/Compliant

Credit

3SD4UEUHMIO-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide clarification for the subject property house number discrepancy, as several documents reflect XX instead of the correct address number XX, including the final application Section 3a, Credit Inquiry Explanation Letter, Title, and other loan documents.

08/21/2026 Resolved : The copy of LOX resolves the condition.

08/21/2026 Resolved : The copy of LOX resolves the condition.

QC Complete

08/18/2026

08/21/2026

08/18/2026

747

Florida

08/XX/2026

Refinance

Non-QM/Compliant

Credit

Doc Issue

3SD4UEUHMIO-V7TJ126N

Resolved

* Amount of title insurance is less than mortgage amount (Lvl R)

Amount of Title insurance $XX is less than the loan amount $XX. Provide an updated title report or title supplement with sufficient title policy amount to cover the loan amount.

08/27/2026 Resolved : The copy of updated title commitment resolves the condition.

08/27/2026 Resolved : The copy of updated title commitment resolves the condition.

QC Complete

08/18/2026

08/27/2026

08/17/2026

759

Idaho

08/XX/2026

Purchase

Not Covered/Exempt

Credit

RVHMX3ED44Y-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide a copy of the Business Purpose Loan Certification, signed by the borrower, as it is missing.
8/18/2026: Resolved. Received Business Purpose

8/18/2026: Resolved. Received Business Purpose

QC Complete

08/13/2026

08/18/2026

08/13/2026

759

Idaho

08/XX/2026

Purchase

Not Covered/Exempt

Credit

RVHMX3ED44Y-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

"Provide a copy of supporting documentation for Insurance and HOA(if applicable). for the property located at XX."
8/20/2026: Resolved. Received HOI

8/20/2026: Resolved. Received HOI

QC Complete

08/13/2026

08/20/2026

08/13/2026

761

Oregon

08/XX/2026

Cash Out

Not Covered/Exempt

Credit

Guidelines

GIZDQAC0LPJ-J587LE2V

Waived

* Loan does not conform to program guidelines (Lvl W)

The subject LTV is 75%, which exceeds the maximum allowable LTV of 70% per the applicable guideline.

Exception approval is present

Low DTI : DTI of 4.73% is less than the maximum guideline requirement of 50%.

Reserve : 141.390 months reserves exceed the minimum guideline of 5 months.

Housing History: 0x30x12 is better than guideline requirement of 1x30x12.

QC Complete

09/11/2026

09/10/2026

769

Florida

08/XX/2026

Purchase

Not Covered/Exempt

Credit

X3N2BFNGVLJ-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide an active lease agreement for the subject property, as the appraisal reflects the property as “Tenant Occupied.” For a purchase transaction where the subject property is tenant occupied, rental income must be supported by an active lease agreement or Form 1007, using the lesser of the two amounts to qualify.

09/01/2026 Resolved : Received LOX explaining not active lease agreement available resolves the condition.

09/01/2026 Resolved : Received LOX explaining not active lease agreement available resolves the condition.

QC Complete

08/25/2026

09/01/2026

08/25/2026

771

California

07/XX/2026

Purchase

Non-QM/Compliant

Credit

Doc Issue

PRCBJ0EHLDT-V7TJ126N

Resolved

* Amount of title insurance is less than mortgage amount (Lvl R)

Provide a copy of the supplemental title report reflecting coverage for the loan amount of $XX
08/20/2026: Resolved. Received updated title

08/20/2026: Resolved. Received updated title

QC Complete

08/13/2026

08/20/2026

08/13/2026

778

California

07/XX/2026

Cash Out

Not Covered/Exempt

Credit

QT3OZRMJG3E-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide payoff statement for the mortgage XX (payment : $6,046.00 , UPB: $XX) on the property "XX".
8/6/2026: Resolved. The only mortgage being paid off is the subject property and a payoff was provided for that mortgage.

8/6/2026: Resolved. The only mortgage being paid off is the subject property and a payoff was provided for that mortgage.

QC Complete

07/31/2026

08/07/2026

07/31/2026

778

California

07/XX/2026

Cash Out

Not Covered/Exempt

Credit

QT3OZRMJG3E-QSFFZZOT

Resolved

* Hazard Insurance Coverage less than Loan Amount (Lvl R)

Provide a copy of the Replacement cost estimator, as the insurance coverage of $XX is not covering the loan amount of $XX.
08/05/2026: Countered. With the additional replacement coverage it is not enough to cover the loan amount. addition coverage is needed.

08/17/2026 Resolved - Resolved as policy has sufficient coverage with replacement value.

08/17/2026 Resolved - Resolved as policy has sufficient coverage with replacement value.

QC Complete

07/31/2026

08/17/2026

07/29/2026

779

California

07/XX/2026

Purchase

Non-QM/Compliant

Compliance

FHPSGFAQ3AQ-7NVY4BLQ

Resolved

* State Higher Price Mortgage Loan (Lvl R)

CA AB 260, California Financial Code Division 1.9 4995(a) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in the CaliforniaFinancial Code. CA AB 260 Higher-Priced Mortgage Loan Test: Charged 8.548% Allowed 8.110% Overby +0.438% This loan is compliant with regulation CA AB 260, California Financial Code Division 1.9 4995(a).

This loan is compliant with regulation CA AB 260, California Financial Code Division 1.9 4995(a).

QC Complete

08/13/2026

779

California

07/XX/2026

Purchase

Non-QM/Compliant

Compliance

FHPSGFAQ3AQ-O5S9HFJ8

Resolved

* Federal Higher Price Mortgage Loan (Lvl R)

12 CFR § 1026.35(a)(1) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z. Higher-Priced Mortgage Loan Test: Charged 8.548% Allowed 8.110% +Overby 0.438% This loan is compliant with regulation 1026.35.

This loan is compliant with regulation 1026.35.

QC Complete

08/13/2026

779

California

07/XX/2026

Purchase

Non-QM/Compliant

Credit

FHPSGFAQ3AQ-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of hazard insurance with Mortgagee Clause.

08/28/2026 Resolved : The copy of updated hazard policy resolves the condition.

08/28/2026 Resolved : The copy of updated hazard policy resolves the condition.

QC Complete

08/13/2026

08/28/2026

08/13/2026

779

California

07/XX/2026

Purchase

Non-QM/Compliant

Credit

Doc Issue

FHPSGFAQ3AQ-0CTXAKVO

Resolved

* VOM or VOR missing/required (Lvl R)

Provide a copy of VOM.

08/28/2026 Resolved : The copy of payment history resolves the condition.

08/28/2026 Resolved : The copy of payment history resolves the condition.

QC Complete

08/13/2026

08/28/2026

08/13/2026

782

California

08/XX/2026

Cash Out

Not Covered/Exempt

Credit

2CBBT5RBMHL-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of the tax info sheet, as it is missing
08/19/2026: Countered. Document provided was the transaction detail. A copy of the Tax info sheet is needed

08/21/2026 Resolved: The copy of tax certificate resolves the condition.

08/21/2026 Resolved: The copy of tax certificate resolves the condition.

QC Complete

08/13/2026

08/21/2026

08/13/2026

787

Arizona

08/XX/2026

Purchase

Non-QM/Compliant

Compliance

ICMXXSAKTHJ-O5S9HFJ8

Resolved

* Federal Higher Price Mortgage Loan (Lvl R)

12 CFR § 1026.35(a)(1) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.

Higher-Priced Mortgage Loan Test: Charged 8.902% Allowed 7.990% Overby +0.912%

This loan is compliant with regulation 1026.35.

This loan is compliant with regulation 1026.35.

QC Complete

08/14/2026

08/13/2026

793

Illinois

08/XX/2026

Refinance

Non-QM/Compliant

Credit

X0AVVCTZCA3-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

provide copies of the gift letters along with the corresponding wire transfer confirming the gift amounts of $55,000 and $70,000.
08/19/2026: Resolved. Received gift letters.

08/19/2026: Resolved. Received gift letters.

QC Complete

08/14/2026

08/19/2026

08/14/2026

794

Florida

08/XX/2026

Purchase

Non-QM/Compliant

Credit

Guidelines

4M0JGMLLRBV-J587LE2V

Waived

* Loan does not conform to program guidelines (Lvl W)

Allowing living rent free without having housing payment history within past 12-months.

A copy of an exception approval letter is available in the loan file.

FICO: 802 exceeds the minimum FICO requirement of 720.

LTV: 80.00% is lower than the maximum guideline requirement of 90.00%.

DTI: 21.249% is lower than the maximum guideline requirement of 50.00%.

QC Complete

10/26/2026

08/13/2026

797

Florida

08/XX/2026

Purchase

Non-QM/Compliant

Compliance

YUXEVKE1JD1-O5S9HFJ8

Resolved

* Federal Higher Price Mortgage Loan (Lvl R)

12 CFR § 1026.35(a)(1) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.

Higher-Priced Mortgage Loan Test: Charged 8.642% Allowed 8.220% Overby +0.422%

This loan is compliant with regulation 1026.35.

This loan is compliant with regulation 1026.35.

QC Complete

08/31/2026

08/28/2026

799

New York

08/XX/2026

Purchase

Not Covered/Exempt

Credit

HM3GO5WOYT5-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide a copy of the payoff statement for the property located at XX, for mortgage account #XX with XX

08/24/2026 Resolved : Resolved as the property was awarded to the ex spouse per the divorce decree.

08/24/2026 Resolved : Resolved as the property was awarded to the ex spouse per the divorce decree.

QC Complete

08/13/2026

08/24/2026

08/13/2026

812

New York

07/XX/2026

Cash Out

Non-QM/Compliant

Credit

XHIA3CJHXIG-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide an updated CPA letter or Operating Agreement verifying the borrower’s 100% ownership of XX. The current CPA letter refers only to “the business” and does not specifically identify XX as being owned by the borrower.

08/21/2026 Resolved: The copy of updated CPA letter resolves the condition.

08/21/2026 Resolved: The copy of updated CPA letter resolves the condition.

QC Complete

08/17/2026

08/21/2026

08/17/2026

817

New York

08/XX/2026

Purchase

Non-QM/Compliant

Credit

Other Disclosures

IK3FUDKF12G-ZXHR0C1D

Resolved

* Missing Required Disclosures (Lvl R)

Provide the current tax certificate/report for the subject property, as it is missing in the file.

09/04/2026 Resolved : The copy of tax report resolves the condition.

09/04/2026 Resolved : The copy of tax report resolves the condition.

QC Complete

08/28/2026

09/04/2026

08/27/2026

817

New York

08/XX/2026

Purchase

Non-QM/Compliant

Credit

Doc Issue

IK3FUDKF12G-H3X4TJ0T

Resolved

* Missing Title evidence (Lvl R)

Provide a copy of the title report, as it is missing from the file.
09/08/2026: Countered. Document provided is a Transaction Detail. A copy of an actual title repoert is needed.
09/11/2026. Resolved. Property is a coop

09/11/2026. Resolved. Property is a coop

QC Complete

08/28/2026

09/11/2026

08/27/2026

823

Indiana

07/XX/2026

Purchase

Non-QM/Compliant

Credit

AXRNXL5K2JL-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide a copy of the updated appraisal state license, as the current license has expired
07/23/2026: Resolved. Received updated license

07/23/2026: Resolved. Received updated license

QC Complete

07/16/2026

07/23/2026

07/16/2026

823

Indiana

07/XX/2026

Purchase

Non-QM/Compliant

Credit

AXRNXL5K2JL-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of the updated Permanent Resident card. The borrower's provided PR card has expired.
08/19/2026: Resolved. Received N400-Application for Naturalization showing automatic extension.

08/19/2026: Resolved. Received N400-Application for Naturalization showing automatic extension.

QC Complete

07/16/2026

08/19/2026

07/17/2026

824

Missouri

08/XX/2026

Purchase

Non-QM/Compliant

Credit

SDQFB1OM4TT-EDXGB1F3

Resolved

* Required Documentation Missing (Lvl R)

Provide a copy of the payoff statement for XX with an outstanding balance of $XX, as the payoff statement is currently missing from the loan file.

08/21/2026 Resolved : The copy of divorce decree reflecting mortgage award to ex-spouse resolves the condition.

08/21/2026 Resolved : The copy of divorce decree reflecting mortgage award to ex-spouse resolves the condition.

QC Complete

08/14/2026

08/21/2026

08/13/2026

824

Missouri

08/XX/2026

Purchase

Non-QM/Compliant

Credit

SDQFB1OM4TT-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of the updated Master Insurance Policy, including the mortgagee clause, as it is currently missing from the loan file.

08/27/2026 Countered: the LOX does not cure stating that the HOA cannot add a mortgagee clause to the master policy.

09/01/2026 Resolved : Resolved as the mortgagee clause does not apply for master policy as per fnma or fhlmc.

09/01/2026 Resolved : Resolved as the mortgagee clause does not apply for master policy as per fnma or fhlmc.

QC Complete

08/14/2026

09/01/2026

08/13/2026

824

Missouri

08/XX/2026

Purchase

Non-QM/Compliant

Credit

Guidelines

SDQFB1OM4TT-J587LE2V

Waived

* Loan does not conform to program guidelines (Lvl W)

Subject transaction reflects 50% Single Entity Ownership, exceeding the 49% guideline limit.

Exception approval present.

Credit Score : 739 exceeds the minimum guideline requirement of 720
Residual Income : $3,349.47 monthly
Low DTI : DTI of 44.74% is less than the maximum guideline requirement of 50%.

QC Complete

08/14/2026

08/13/2026

825

Florida

08/XX/2026

Purchase

Non-QM/Compliant

Credit

Guidelines

BJWAXOIFUKR-J587LE2V

Waived

* Loan does not conform to program guidelines (Lvl W)

Loan size of $XX has a max LTV of 75%. Borrower is requesting 80% LTV

Loan Exception present

788 exceeds the minimum guideline requirement of 740

LTV of 80% exceeds the minimum guideline requirement of 75%.

DTI of 38.44% is less than the maximum guideline requirement of 50%.

QC Complete

08/31/2026

08/28/2026

827

Oregon

08/XX/2026

Purchase

Non-QM/Compliant

Credit

Guidelines

JSERH2FQYPT-J587LE2V

Waived

* Loan does not conform to program guidelines (Lvl W)

Exception requested for the borrower’s inability to document housing payment history, as the borrower has been living in an XX since 04/2024 following the sale of the prior primary residence. No traditional housing payment history is available for verification.

A copy of an exception approval letter is available in the loan file.

FICO: 765 FICO exceeds the guideline requirement of 640.

Residual Income : $2,477.24 monthly

QC Complete

10/26/2026

08/14/2026

827

Oregon

08/XX/2026

Purchase

Non-QM/Compliant

Credit

JSERH2FQYPT-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide an updated HOI policy with an effective date on or prior to the Note date of 08/XX/2026, as the current policy effective date of 08/XX/2026.

08/26/2026 Resolved : The copy of updated hazard policy resolves the condition.

08/26/2026 Resolved : The copy of updated hazard policy resolves the condition.

QC Complete

10/26/2026

08/14/2026

835

Florida

08/XX/2026

Purchase

Non-QM/Compliant

Credit

5FNFJ1ZDS5G-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of Master policy.

08/24/2026 Resolved : The copy of master policy resolves the condition.

08/24/2026 Resolved : The copy of master policy resolves the condition.

QC Complete

08/17/2026

08/24/2026

08/14/2026

839

South Dakota

07/XX/2026

Cash Out

Non-QM/Compliant

Credit

Doc Issue

P45U1QPCM2D-V7TJ126N

Resolved

* Amount of title insurance is less than mortgage amount (Lvl R)

Provide a copy of supplemental title report, as the proposed title insured amount $XX is inadequate to fully cover the loan amount $XX
08/20/2026: Resolved. Received updated title

08/20/2026: Resolved. Received updated title

QC Complete

08/14/2026

08/20/2026

08/13/2026

842

Maryland

07/XX/2026

Refinance

Not Covered/Exempt

Credit

LRYDLXMFHP0-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Mortgage clause is missing in title report, Provide a copy of updated title report with mortgage clause.
08/20/2026: Resolved. Received updated title

08/20/2026: Resolved. Received updated title

QC Complete

08/04/2026

08/20/2026

08/03/2026

845

Indiana

07/XX/2026

Purchase

Not Covered/Exempt

Credit

ETPR30OZJAX-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide the most recent two months' complete bank statements for XX
8/20/2026: Countered. The same bank statement was provided as what is originally in the file. Please provide May 2026 or July 2026 bank statement for XX

8/20/2026: Countered. The same bank statement was provided as what is originally in the file. Please provide May 2026 or July 2026 bank statement for XX

QC Complete

08/17/2026

08/20/2026

08/14/2026

850

Kentucky

08/XX/2026

Purchase

Non-QM/Compliant

Compliance

VKKVMLBM0M5-O5S9HFJ8

Resolved

* Federal Higher Price Mortgage Loan (Lvl R)

12 CFR § 1026.35(a)(1) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.

Higher-Priced Mortgage Loan Test: Charged 9.399% Allowed 8.110% +Overby 1.289%

This loan is compliant with regulation 1026.35.

This loan is compliant with regulation 1026.35.

QC Complete

08/14/2026

08/13/2026

851

California

08/XX/2026

Purchase

Non-QM/Compliant

Compliance

OIC40NX3BL4-O5S9HFJ8

Resolved

* Federal Higher Price Mortgage Loan (Lvl R)

12 CFR § 1026.35(a)(1) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.

Higher-Priced Mortgage Loan Test: Charged 9.630% Allowed 8.180% Overby +1.450%

This loan is compliant with regulation 1026.35.

This loan is compliant with regulation 1026.35.

QC Complete

08/26/2026

08/25/2026

851

California

08/XX/2026

Purchase

Non-QM/Compliant

Compliance

OIC40NX3BL4-7NVY4BLQ

Resolved

* State Higher Price Mortgage Loan (Lvl R)

CA AB 260, California Financial Code Division 1.9 4995(a) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in the California Financial Code.

CA AB 260 Higher-Priced Mortgage Loan Test: Charged 9.630% Allowed 8.180% Overby +1.450%

This loan is compliant with regulation CA AB 260, California Financial Code Division 1.9 4995(a).

This loan is compliant with regulation CA AB 260, California Financial Code Division 1.9 4995(a).

QC Complete

08/26/2026

08/25/2026

860

Oregon

08/XX/2026

Purchase

Non-QM/Compliant

Credit

51UJNLYGOAS-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of executed final settlement statement for property addressXX
08/19/2026: Resolved. Received Final Seller's Statement

08/19/2026: Resolved. Received Final Seller's Statement

QC Complete

08/14/2026

08/19/2026

08/13/2026