Exception Grades

Run Date - 11/3/2026 3:55:54 PM

SitusAMC Loan ID

Customer Loan ID

Seller Loan ID

Investor Loan Number

Unique Loan ID

Loan Exception ID

Exception ID

Exception Date

Exception Type

Exception Category

Exception Subcategory

15E Category

Exception

Exception Detail

Exception Information

Compensating Factors

Compensating Factor Information

Applying Party

Follow-up Comments

Cleared Date

Cured Date

Waived Date

Waived with Regrade

Exception Level Grade

Kroll Initial Exception Rating

Kroll Final Exception Rating

S&P Initial Exception Rating

S&P Final Exception Rating

Note Date

Property State

Occupancy

Purpose

Exception Remediation

Originator QM ATR Status

TPR QM ATR Status

Is Curable

[redacted]

32340752

30083790

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. AVM provided. The supporting secondary valuation is missing.; Sec ID: 53

Note Date: ___; Lien Position: ___

The file is missing a copy of the secondary valuation required for securitization purposes.

03/04/2024

N/A

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

32340752

30083939

Compliance

Federal Compliance

RESPA

RESPA Disclosure - List of Homeownership Counseling Organizations Missing

RESPA Disclosure Rule (Dodd-Frank XXXXX): Creditor did not provide List of Homeownership Counseling Organizations to borrower.

The file was missing a copy of the Homeownership Counseling disclosure or proof of the borrower's receipt within 3 days of the application date.

03/04/2024

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

39241280

30426888

Compliance

Federal Compliance

RESPA

RESPA Disclosure - List of Homeownership Counseling Organizations Missing

RESPA Disclosure Rule (Dodd-Frank XXXXX): Creditor did not provide List of Homeownership Counseling Organizations to borrower.

The file was missing a copy of the Homeownership Counseling disclosure or proof of the borrower's receipt within 3 days of the application date.

04/23/2024

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39241280

30426889

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Homeowners Insurance Included In Escrow Test

TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on XX/XX/XX incorrectly disclosed whether Homeowners Insurance is included in escrow.

Projected Payments: Final Closing Disclosure provided on XX/XX/XX incorrectly disclosed whether Homeowners Insurance is included in escrow.

Reviewer Comment (2024-05-15): XXXXX

Seller Comment (2024-05-13): XXXXX

05/15/2024

Primary

Refinance - Cash-out - Other

TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable

Safe Harbor QM (APOR)

Yes

[redacted]

39241280

30426901

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. AVM provided. The supporting secondary valuation is missing.; Sec ID: 53

Note Date: ___; Lien Position: ___

The file is missing a copy of the secondary valuation required for securitization purposes.

04/23/2024

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32623034

31199631

Compliance

Federal Compliance

RESPA

RESPA Disclosure - List of Homeownership Counseling Organizations Missing

RESPA Disclosure Rule (Dodd-Frank XXXXX): Creditor did not provide List of Homeownership Counseling Organizations to borrower.

The file was missing a copy of the Homeownership Counseling disclosure or proof of the borrower's receipt within 3 days of the application date.

07/25/2024

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

32623034

31199668

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: 53

Note Date: ___; Lien Position: ___

The file is missing a copy of the secondary valuation required for securitization purposes.

07/25/2024

N/A

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

32623034

31200683

Compliance

Federal Compliance

TRID Defect

TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Disaster Inspection Fee. Fee Amount of $45.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower.

Zero Percent Fee Tolerance exceeded for Disaster Inspection Fee. Fee Amount of $45.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower.

Reviewer Comment (2024-09-03): XXXXX

Seller Comment (2024-08-29): XXXXX

Reviewer Comment (2024-08-27): XXXXX

Seller Comment (2024-08-26): XXXXX

09/03/2024

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Higher Priced QM (APOR)

Yes

[redacted]

32623034

31200684

Compliance

Federal Compliance

TRID Defect

TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Monitoring Service. Fee Amount of $15.00 exceeds tolerance of $12.00. Insufficient or no cure was provided to the borrower.

Zero Percent Fee Tolerance exceeded for Credit Monitoring Service. Fee Amount of $15.00 exceeds tolerance of $12.00. Insufficient or no cure was provided to the borrower.

Reviewer Comment (2024-09-03): XXXXX

Seller Comment (2024-08-29): XXXXX

Reviewer Comment (2024-08-27): XXXXX

Seller Comment (2024-08-26): XXXXX

09/03/2024

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Higher Priced QM (APOR)

Yes

[redacted]

35554026

32703494

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: 53

Note Date: ___; Lien Position: ___

Reviewer Comment (2025-01-28): XXXXX

01/28/2025

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35117120

32937358

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: 53

Note Date: ___; Lien Position: ___

Reviewer Comment (2024-12-26): XXXXX

12/26/2024

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35117120

32937360

Compliance

Federal Compliance

Compliance

Disclosed Note P&I payment does not equal calculated P&I payment

Disclosed Note P&I payment does not equal calculated P&I payment. Note P&I of $550.45 does not match calculated P&I of $550.35. Note P&I was used for the APR calculation and compliance testing.

The Note contained in the loan file reflects monthly principal and interest payments of $550.45.

Reviewer Comment (2024-12-30): XXXXX

Buyer Comment (2024-12-26): XXXXX

12/30/2024

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35117120

32937361

Credit

Loan Package Documentation

Application / Processing

Loan Package Documentation

Missing Document: Pay History not provided

File is missing the most recent 12 month payment history for the 2nd mortgage.

Reviewer Comment (2024-12-30): XXXXX

Buyer Comment (2024-12-26): XXXXX

12/30/2024

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36243454

33216004

Credit

Loan Package Documentation

Application / Processing

Missing Document

Missing Document: Approval not provided

File does not have Approval document in file.

Reviewer Comment (2025-04-14): XXXXX

Seller Comment (2025-04-14): XXXXX

04/14/2025

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34481110

33846074

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Estimated Taxes, Insurance And Assessments

TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on XX/XX/XX disclosed an Estimated Taxes, Insurance, and Assessments payment that does not match the actual payment for the loan.

Projected Payments: Final Closing Disclosure provided on XX/XX/XX Estimated Taxes, Insurance, and Assessments payment was not provided.

Reviewer Comment (2025-07-15): XXXXX

Seller Comment (2025-07-14): XXXXX

07/15/2025

Primary

Refinance - Cash-out - Other

TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable

Higher Priced QM (APOR)

Yes

[redacted]

34481110

33846075

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Property Costs Year 1 Underdisclosed - XXXXX

TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of on Final Closing Disclosure provided on XX/XX/XX are underdisclosed

Loan Disclosures: Amount of Estimated Property Costs over Year 1 of on Final Closing Disclosure provided on XX/XX/XX was not provided.

Reviewer Comment (2025-07-15): XXXXX

07/15/2025

Primary

Refinance - Cash-out - Other

Letter of Explanation & Corrected Closing Disclosure

Higher Priced QM (APOR)

Yes

[redacted]

34481110

33846076

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Will Not Have Escrow - Property Costs Year 1

TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XX/XX/XX did not disclose Estimated Property Costs over Year 1 for loan with no escrow account established.

Loan Disclosures: Final Closing Disclosure provided on XX/XX/XX did not disclose Estimated Property Costs over Year 1 for loan with no escrow account established.

Reviewer Comment (2025-07-15): XXXXX

07/15/2025

Primary

Refinance - Cash-out - Other

Letter of Explanation & Corrected Closing Disclosure

Higher Priced QM (APOR)

Yes

[redacted]

34481110

33846089

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

07/08/2025

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

32159874

33951582

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Estimated Taxes, Insurance And Assessments

Projected Payments section (pg 1): Estimated Taxes, Insurance, & Assessments reflects $0.00.

Reviewer Comment (2025-07-28): XXXXX

Seller Comment (2025-07-25): XXXXX

07/28/2025

Primary

Refinance - Cash-out - Other

TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable

Higher Priced QM (APOR)

Yes

[redacted]

32159874

33951583

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Property Costs Year 1 Underdisclosed - XXXXX

TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of 0.00 on Final Closing Disclosure provided on XX/XX/XX are underdisclosed

Loan Disclosures: Amount of Estimated Property Costs over Year 1 of 0.00 on Final Closing Disclosure provided on XX/XX/XX are under disclosed

Reviewer Comment (2025-07-28): XXXXX

07/28/2025

Primary

Refinance - Cash-out - Other

Letter of Explanation & Corrected Closing Disclosure

Higher Priced QM (APOR)

Yes

[redacted]

32159874

33951595

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

07/18/2025

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

36314244

33956488

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

07/21/2025

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33313003

34393223

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

09/15/2025

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34367120

34951645

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Total Of Payments

TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an inaccurate Total of Payments on page 5 that does not match the actual total of payments for the loan (fee amounts included in TOP calculation are based on Closing Disclosure dated XX/XX/XX). The disclosed Total of Payments in the amount of $XXX is under disclosed by $66.20 compared to the calculated total of payments of $XXX which exceeds the $35.00 threshold.

Final Closing Disclosure provided on XX/XX/XX disclosed an inaccurate Total of Payments on page 5 that does not match the actual total of payments for the loan (fee amounts included in TOP calculation are based on Closing Disclosure dated XX/XX/XX). The disclosed Total of Payments in the amount of $XXX is under disclosed by $66.20 compared to the calculated total of payments of $XXX which exceeds the $35.00 threshold

Reviewer Comment (2025-12-15): XXXXX

Seller Comment (2025-12-12): XXXXX

Reviewer Comment (2025-12-10): XXXXX

Seller Comment (2025-12-10): XXXXX

Seller Comment (2025-12-09): XXXXX

Reviewer Comment (2025-11-21): XXXXX

Seller Comment (2025-11-20): XXXXX

12/15/2025

Primary

Refinance - Cash-out - Other

TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed equivalent amount, Corrected CD, and Re-open Rescission i(required on rescindable transactions)

Safe Harbor QM (APOR)

Yes

[redacted]

34367120

34951646

Compliance

Federal Compliance

TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form

TILA Notice of Right to Cancel Expiration Date Prior or equal to Disbursement Date

Truth in Lending Act: Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s).

RTC disclosed incorrect transaction and/or expiration date.

Reviewer Comment (2025-12-17): XXXXX

Reviewer Comment (2025-12-15): XXXXX

Seller Comment (2025-12-12): XXXXX

Reviewer Comment (2025-11-21): XXXXX

Seller Comment (2025-11-20): XXXXX

12/17/2025

Primary

Refinance - Cash-out - Other

TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form

Safe Harbor QM (APOR)

Yes

[redacted]

34367120

34951656

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

11/13/2025

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34367120

35794566

Credit

Miscellaneous

Guideline

Credit Exception:

Exception added at seller request: new Note and Security Instrument to be provided.

Reviewer Comment (2026-03-03): XXXXX

Seller Comment (2026-03-03): XXXXX

Reviewer Comment (2026-02-17): XXXXX

Reviewer Comment (2026-02-13): XXXXX

Seller Comment (2026-02-11): XXXXX

03/03/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35284829

34961371

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

11/14/2025

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38400579

35390079

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Missing Document: Appraisal was made "subject to" and Form 1004D/442 was not provided.

Appraisal was made subject-to and 442 is not in images.

Reviewer Comment (2026-03-04): XXXXX

Reviewer Comment (2026-02-27): XXXXX

Seller Comment (2026-02-27): XXXXX

Reviewer Comment (2026-01-26): XXXXX

Seller Comment (2026-01-23): XXXXX

03/04/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

37537615

34991492

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

11/18/2025

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37537615

34991495

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Estimated Taxes, Insurance And Assessments

Final Closing Disclosure provided on XX/XX/XX disclosed an Estimated Taxes, Insurance, and Assessments payment that does not match the actual payment for the loan.

Reviewer Comment (2025-11-25): XXXXX

11/25/2025

Primary

Refinance - Cash-out - Other

TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable

Safe Harbor QM (APOR)

Yes

[redacted]

37537615

34991496

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Property Costs Year 1 Underdisclosed - XXXXX

TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of on Final Closing Disclosure provided on XX/XX/XX are underdisclosed

Amount of Estimated Property Costs over Year 1 of on Final Closing Disclosure provided on XX/XX/XX are underdisclosed.

Reviewer Comment (2025-11-25): XXXXX

Reviewer Comment (2025-11-17): XXXXX

11/25/2025

Primary

Refinance - Cash-out - Other

Letter of Explanation & Corrected Closing Disclosure

Safe Harbor QM (APOR)

Yes

[redacted]

37537615

34991497

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Will Not Have Escrow - Property Costs Year 1

TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XX/XX/XX did not disclose Estimated Property Costs over Year 1 for loan with no escrow account established.

Final Closing Disclosure provided on XX/XX/XX did not disclose Estimated Property Costs over Year 1 for loan with no escrow account established.

Reviewer Comment (2025-11-25): XXXXX

Seller Comment (2025-11-24): XXXXX

11/25/2025

Primary

Refinance - Cash-out - Other

Letter of Explanation & Corrected Closing Disclosure

Safe Harbor QM (APOR)

Yes

[redacted]

37537615

34991498

Compliance

Federal Compliance

TRID Defect

TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $2,720.50 exceeds tolerance of $624.60 plus 10% or $687.06. $2,033.44 over legal limit. Insufficient or no cure was provided to the borrower.

10% tolerance was exceeded by $2,033.44 due to increase of title fees. No valid COC provided, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $2,033.44, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2025-12-09): XXXXX

Seller Comment (2025-12-08): XXXXX

Reviewer Comment (2025-12-04): XXXXX

Seller Comment (2025-12-03): XXXXX

12/09/2025

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

35413630

35583470

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

01/22/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35413630

35583514

Credit

Loan Package Documentation

Closing / Title

Loan Package Documentation

Missing Document: Rider - Condo not provided

The file is missing a copy of Rider- Condo.

Reviewer Comment (2026-03-11): XXXXX

Seller Comment (2026-03-10): XXXXX

Reviewer Comment (2026-03-10): XXXXX

Seller Comment (2026-03-09): XXXXX

Reviewer Comment (2026-03-02): XXXXX

Seller Comment (2026-03-02): XXXXX

03/11/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35413630

35583693

Credit

Income / Employment

Income Documentation

Income / Employment

Verification(s) of employment is not within 10 business days of the Note.

Reviewer Comment (2026-01-27): XXXXX

Seller Comment (2026-01-26): XXXXX

01/27/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35413630

35637101

Credit

Loan Package Documentation

Application / Processing

Loan Package Documentation

FEMA Disaster Issue: The subject property is located in a FEMA disaster that does not have a declared end date.

The subject property is located in a FEMA disaster area. A post disaster inspection verifying there was no damage to the subject property is required.

Reviewer Comment (2026-01-30): XXXXX

Seller Comment (2026-01-29): XXXXX

01/30/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33334672

35348501

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Amount Financed Test

TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of $XXX is over disclosed by $500.00 compared to the calculated Amount Financed of $XXX and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate (fee amounts included in Amount Financed and Finance Charge calculations are based on Closing Disclosure dated XX/XX/XX).

Reviewer Comment (2026-03-18): XXXXX

Reviewer Comment (2026-02-09): XXXXX

Reviewer Comment (2026-01-29): XXXXX

Reviewer Comment (2026-01-26): XXXXX

Reviewer Comment (2026-01-16): XXXXX

03/18/2026

Primary

Refinance - Cash-out - Other

TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions)

Safe Harbor QM (APOR)

Yes

[redacted]

33334672

35348502

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Finance Charge

TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of $XXX is under disclosed by $100.00 compared to the calculated Finance Charge of $XXX which exceeds the $35.00 threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XX/XX/XX).

Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of $XXX is under disclosed by $100.00 compared to the calculated Finance Charge of $XXX which exceeds the $35.00 threshold.

Reviewer Comment (2026-03-18): XXXXX

Reviewer Comment (2026-02-09): XXXXX

Reviewer Comment (2026-01-29): XXXXX

Reviewer Comment (2026-01-26): XXXXX

Reviewer Comment (2026-01-16): XXXXX

03/18/2026

Primary

Refinance - Cash-out - Other

TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission (required on rescindable transactions)

Safe Harbor QM (APOR)

Yes

[redacted]

33334672

35348503

Compliance

Federal Compliance

TRID

TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Flood Certification (Life Of Loan). Fee Amount of $7.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing.

Flood Certification (Life Of Loan) was last disclosed as $0.00 on LE but disclosed as $7.00 on Final Closing Disclosure. File does not contain a valid COC for this fee, evidence of cure in file.

Reviewer Comment (2026-01-06): XXXXX

01/06/2026

Primary

Refinance - Cash-out - Other

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

[redacted]

35349624

35304006

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

12/29/2025

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35349624

35313935

Credit

Hazard Insurance

Insufficient Coverage

Hazard Insurance

The Hazard Insurance Policy Effective Date is after closing.

Hazard Insurance Policy Effective Date ___, Disbursement Date: ___

*Override* The disbursement date listed on the Closing Disclosure is XX/XX/XX.

Borrower has verified disposable income of at least $2500.00.

The Loan to Value (LTV) on the loan is less than or equal to 70%.

The refinance has decreased the borrower's monthly debt payments by 20% or more.

The representative FICO score exceeds the guideline minimum by at least 40 points.

The representative FICO score is above 680.

SitusAMC

Reviewer Comment (2026-02-20): XXXXX

Buyer Comment (2026-02-20): XXXXX

Seller Comment (2026-02-20): XXXXX

02/20/2026

Yes

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30396461

35355981

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

01/09/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30396461

35355998

Compliance

State Compliance

Misc. State Level

Ohio Consumer Sales Practices Act (Acknowledgement of Receipt of Home Mortgage Loan Information Document Not Received Timely)

XXXXX Consumer Sales Practices Act: Acknowledgement of Receipt of Home Mortgage Loan Information Document not received by borrower within five (5) business days of application.

Acknowledgement of Receipt of Home Mortgage Loan Information Document not received by borrower within five (5) business days of application.

Reviewer Comment (2026-01-14): XXXXX

01/14/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35045136

36296327

Compliance

Federal Compliance

TRID Defect

TRID Initial Closing Disclosure Timing without Waiver Test

TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing.

No Closing Disclosure was issued less than 6 days prior to closing and received by the borrower less than 3 business days prior to closing.

Reviewer Comment (2026-04-21): XXXXX

Seller Comment (2026-04-21): XXXXX

04/21/2026

Primary

Refinance - Cash-out - Other

No Defined Cure

Safe Harbor QM (APOR)

[redacted]

35045136

36296328

Compliance

Federal Compliance

TRID

TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for AVM Fee. Fee Amount of $22.00 exceeds tolerance of $12.00. Sufficient or excess cure was provided to the borrower at Closing.

AVM Fee was last disclosed as $12.00 on Loan Estimate but disclosed as $22.00 on Final Closing Disclosure. Sufficient or excess cure was provided to the borrower at Closing.

Reviewer Comment (2026-04-16): XXXXX

04/16/2026

Primary

Refinance - Cash-out - Other

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

[redacted]

35045136

36296329

Compliance

Federal Compliance

TRID

TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $242.91 exceeds tolerance of $157.00. Sufficient or excess cure was provided to the borrower at Closing.

Credit Report Fee was last disclosed as $157.00 on Loan Estimate but disclosed as $242.91 on Final Closing Disclosure. Sufficient or excess cure was provided to the borrower at Closing.

Reviewer Comment (2026-04-16): XXXXX

04/16/2026

Primary

Refinance - Cash-out - Other

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

[redacted]

35045136

36296363

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/20/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34783483

35828626

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/19/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

36810382

35269762

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

12/22/2025

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36810382

35279481

Credit

Income / Employment

Income Documentation

Income / Employment

Income Docs Missing:

DU requires paystub and W2 from prior year or WVOE. Only WVOE for XXXXX was provided.

Reviewer Comment (2025-12-24): XXXXX

Seller Comment (2025-12-23): XXXXX

12/24/2025

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36810382

35279622

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Risk.

Loan designation failure due to QM failure. This exception will be cleared once all QM specific exceptions have been cured/cleared.

Reviewer Comment (2025-12-24): XXXXX

12/24/2025

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

Safe Harbor QM (APOR)

Yes

[redacted]

36810382

35279623

Compliance

Federal Compliance

ATR/QM Defect

Loan does not meet one or more guideline components which could impact the borrower's ability to repay.

General QM: Based on the loan failing one or more guideline components, the loan is at QM risk.

Based on the loan failing one or more guideline components, the loan is at QM risk.

Reviewer Comment (2025-12-24): XXXXX

12/24/2025

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36810382

35281880

Credit

Borrower and Mortgage Eligibility

Mortgage / Program Eligibility

Borrower and Mortgage Eligibility

Guideline Requirement: Combined High loan to value discrepancy.

Calculated high loan to value percentage of XX.XX% exceeds Guideline high loan to value percentage of XX.XX%. Lender used higher AVM value to qualify instead of the lower appraisal value.

Reviewer Comment (2025-12-31): XXXXX

12/31/2025

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36810382

35281881

Credit

AUS Discrepancy / Guidelines Discrepancy

Guideline

Guideline Requirement: Combined loan to value discrepancy.

Calculated combined loan to value percentage of XX.XX% exceeds Guideline combined loan to value percentage of XX.XX%. Lender used higher AVM value to qualify instead of the lower appraisal value.

Reviewer Comment (2025-12-31): XXXXX

Reviewer Comment (2025-12-24): XXXXX

Seller Comment (2025-12-23): XXXXX

12/31/2025

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32746205

35233654

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

12/17/2025

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36910340

35322857

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date

01/05/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37206492

35827564

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/19/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37206492

35827780

Compliance

Federal Compliance

TRID

TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $210.41 exceeds tolerance of $157.00. Sufficient or excess cure was provided to the borrower at Closing.

Credit Report Fee was last disclosed as $157.00 on LE but disclosed as $210.41 on Final Closing Disclosure. Sufficient or excess cure was provided to the borrower at Closing.

Reviewer Comment (2026-02-17): XXXXX

02/17/2026

Primary

Refinance - Cash-out - Other

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

[redacted]

36482277

35322892

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

01/05/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36482277

35322893

Credit

Insurance

Insurance Analysis

Insurance

Insufficient Coverage: Hazard insurance coverage amount is insufficient.

HOI coverage is insufficient by $731,581.60. Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate supporting current coverage amount.

Reviewer Comment (2026-01-07): XXXXX

Seller Comment (2026-01-06): XXXXX

01/07/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36482277

35322905

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail.

Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared.

Reviewer Comment (2026-02-18): XXXXX

Reviewer Comment (2026-01-08): XXXXX

Seller Comment (2026-01-06): XXXXX

02/18/2026

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

Safe Harbor QM (APOR)

Yes

[redacted]

36482277

35322906

Compliance

Federal Compliance

ATR/QM Defect

General QM Provision Employment - S-Corp

General QM: Unable to verify current S-Corp status using reasonably reliable third-party records.

Reviewer Comment (2026-02-18): XXXXX

Seller Comment (2026-02-17): XXXXX

Reviewer Comment (2026-01-08): XXXXX

Seller Comment (2026-01-06): XXXXX

02/18/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30503821

35943851

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/04/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34181749

35845352

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: 325

Note Date: ___; Lien Position: ___

02/20/2026

N/A

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

Safe Harbor QM (APOR)

[redacted]

34181749

35845409

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Higher Priced QM (APOR) does not match Due Diligence Loan Designation of Safe Harbor QM (APOR).

Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared.

Reviewer Comment (2026-02-27): XXXXX

Reviewer Comment (2026-02-26): XXXXX

02/27/2026

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

Higher Priced QM (APOR)

Safe Harbor QM (APOR)

Yes

[redacted]

34181749

35940110

Compliance

Federal Compliance

ATR/QM Defect

Check Restated Loan Designation Match - QM / ATR

Ability to Repay / Qualified Mortgage (Dodd-Frank XXXXX): The initial Loan Designation provided did not match, however, the updated Loan Designation of Safe Harbor QM (APOR) matches the Due Diligence Loan Designation of Safe Harbor QM (APOR).

Loan re-designated SHQM (APOR) per client directive.

Reviewer Comment (2026-02-27): XXXXX

02/27/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

Safe Harbor QM (APOR)

[redacted]

34809811

35286811

Credit

Loan Package Documentation

Application / Processing

Loan Package Documentation

Mismatch of data related to Occupancy.

Subject is refinance of Second home. Final and initial 1003 declaration section 5a-A reflects the Co Borrower does intend to occupy the property as their primary residence.

Reviewer Comment (2026-01-15): XXXXX

Seller Comment (2026-01-09): XXXXX

01/15/2026

Second Home

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34809811

35288279

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Amount Financed Test

TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XX/XX/XX did not disclose the Amount Financed.

Final CD disclosed the Property Cost over Year 1 as $0 on page 4. However, the property taxes $ and Insurance $386.66 totaling $14,494.44 per year. Provide a post close CD correcting page 4 and Estimated Taxes, Insurance and Assessments on page 1. Provide a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-02-24): XXXXX

Seller Comment (2026-02-23): XXXXX

Reviewer Comment (2026-02-16): XXXXX

Seller Comment (2026-02-13): XXXXX

02/24/2026

Second Home

Refinance - Cash-out - Other

TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions)

Safe Harbor QM (APOR)

Yes

[redacted]

34809811

35288280

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure APR

TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XX/XX/XX did not disclose the APR.

Loan Calculations on page 4 of the Final Closing Disclosure provided on XX/XX/XX did not disclose the APR.

Reviewer Comment (2026-02-24): XXXXX

02/24/2026

Second Home

Refinance - Cash-out - Other

TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed equivalent amount, Corrected CD, and Re-open Rescission if Applicable

Safe Harbor QM (APOR)

Yes

[redacted]

34809811

35288281

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Contact Information - Broker

TILA-RESPA Integrated Disclosure - Contact Information: Final Closing Disclosure provided on XX/XX/XX did not disclose the required Broker Contact Information (Broker Name, Broker NMLS ID, Contact Name, Contact NMLS ID).

Contact Information on page 5 of the Final CD not provided

Reviewer Comment (2026-02-24): XXXXX

02/24/2026

Second Home

Refinance - Cash-out - Other

Letter of Explanation & Corrected Closing Disclosure

Safe Harbor QM (APOR)

Yes

[redacted]

34809811

35288282

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Estimated Taxes, Insurance And Assessments

Reviewer Comment (2026-02-24): XXXXX

02/24/2026

Second Home

Refinance - Cash-out - Other

TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable

Safe Harbor QM (APOR)

Yes

[redacted]

34809811

35288283

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Finance Charge

TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XX/XX/XX did not disclose the Finance Charge.

Loan Calculations on page 5 of the Final CD does not disclose the Finance Charges.

Reviewer Comment (2026-02-24): XXXXX

02/24/2026

Second Home

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

Yes

[redacted]

34809811

35288284

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Partial Payments

TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XX/XX/XX incorrectly disclosed whether the loan allows for Partial Payments.

Partial Payments section on page 5 of the Final CD not selected.

Reviewer Comment (2026-02-24): XXXXX

02/24/2026

Second Home

Refinance - Cash-out - Other

Letter of Explanation & Corrected Closing Disclosure

Safe Harbor QM (APOR)

Yes

[redacted]

34809811

35288285

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Property Costs Year 1 Underdisclosed - XXXXX

TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of 0.00 on Final Closing Disclosure provided on XX/XX/XX are underdisclosed

Reviewer Comment (2026-02-24): XXXXX

02/24/2026

Second Home

Refinance - Cash-out - Other

Letter of Explanation & Corrected Closing Disclosure

Safe Harbor QM (APOR)

Yes

[redacted]

34809811

35288286

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Total Of Payments

TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XX/XX/XX did not disclose the Total of Payments.

Loan Calculations page 5 of the Final Cd is incomplete.

Reviewer Comment (2026-02-06): XXXXX

Reviewer Comment (2026-01-15): XXXXX

01/15/2026

Second Home

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

Yes

[redacted]

34809811

35288289

Compliance

Federal Compliance

TRID Defect

TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $883.05 exceeds tolerance of $620.55. $262.50 over legal limit. Insufficient or no cure was provided to the borrower.

Loan Discount Points Fee was disclosed as $227.00 on LE but disclosed as $883.05 in Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $656.05, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-02-25): XXXXX

Seller Comment (2026-02-25): XXXXX

02/25/2026

Second Home

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

34809811

35288354

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

12/24/2025

Second Home

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34809811

35499613

Credit

Guideline

Guideline Issue

Guideline

Guideline Issue: non-occupant co-borrower.

Per XXXXX, when there is a primary residence with a non-occupant co-borrower, "using only the income of the occupying borrower(s) to calculate the DTI ratio, the maximum allowable DTI ratio is 43%. This policy applies even if the combined qualifying ratios for the borrower and the non-occupant borrower are well below XXXXX's standard qualifying ratio benchmark."

Reviewer Comment (2026-02-06): XXXXX

Seller Comment (2026-02-05): XXXXX

02/06/2026

Second Home

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34809811

35499618

Compliance

Federal Compliance

Compliance

Subject to Rescission

Loan is subject to Rescission.

This would be considered a Primary residence transaction with a non-occupying co-borrower per XXXXX's policy. Occupancy has been updated accordingly.

Reviewer Comment (2026-02-06): XXXXX

02/06/2026

Second Home

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34809811

35499619

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Total Of Payments

TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XX/XX/XX did not disclose the Total of Payments.

This would be considered a Primary residence transaction with a non-occupying co-borrower per XXXXX's policy. Occupancy has been updated accordingly.

Seller Comment (2026-02-06): XXXXX

Reviewer Comment (2026-02-06): XXXXX

Seller Comment (2026-02-05): XXXXX

02/06/2026

Second Home

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

Yes

[redacted]

34809811

35499620

Compliance

Federal Compliance

TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form

Notice of Right to Cancel Missing

Truth in Lending Act: Notice of Right to Cancel was not provided.

This would be considered a Primary residence transaction with a non-occupying co-borrower per XXXXX's policy. Occupancy has been updated accordingly.

Reviewer Comment (2026-02-06): XXXXX

Seller Comment (2026-02-04): XXXXX

02/06/2026

Second Home

Refinance - Cash-out - Other

TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form

Safe Harbor QM (APOR)

Yes

[redacted]

34809811

35499623

Credit

Loan Package Documentation

Closing / Title

Loan Package Documentation

Security Instrument is not on a XXXXX/XXXXX form and does not contain the following clauses:

ecurity Instrument is not on a XXXXX/XXXXX form and does not contain the following clauses: Homestead Exemption Waiver.

Reviewer Comment (2026-01-20): XXXXX

01/20/2026

Second Home

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34967939

35787485

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/13/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37455791

35582883

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

01/22/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38206932

35351642

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

01/08/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31497914

35389956

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

AVM provided with 0.09 FSD.

01/13/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31497914

35390057

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Total Of Payments

TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an inaccurate Total of Payments on page 5 that does not match the actual total of payments for the loan (fee amounts included in TOP calculation are based on Closing Disclosure dated XX/XX/XX). The disclosed Total of Payments in the amount of $XXX is under disclosed by $177.50 compared to the calculated total of payments of $XXX which exceeds the $35.00 threshold.

Disclosure reflects TOP of $XXX but calculated TOP of $XXX. Variance = $177.50

Reviewer Comment (2026-02-23): XXXXX

Seller Comment (2026-02-20): XXXXX

Reviewer Comment (2026-02-12): XXXXX

Seller Comment (2026-02-11): XXXXX

02/23/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

Yes

[redacted]

31497914

35470870

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Risk.

Failing QM due to DTI.

Reviewer Comment (2026-02-06): XXXXX

02/06/2026

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

Safe Harbor QM (APOR)

Yes

[redacted]

31497914

35470871

Compliance

Federal Compliance

ATR/QM Defect

General QM Provision Investor and QM DTIs match and both moderately exceed Guidelines

General QM: The DTI calculated in accordance with the Lenders Guidelines and 1026.43(e) of 50.42808% moderately exceeds the guideline maximum of 50.00%. (DTI Exception is eligible to be regraded with compensating factors.)

The DTI calculated in accordance with the Lenders Guidelines and 1026.43(e) of 50.42808% moderately exceeds the guideline maximum of 50.00%. Due to the difference of the first lien escrow.

Reviewer Comment (2026-02-06): XXXXX

02/06/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31497914

35470874

Credit

AUS Discrepancy / Guidelines Discrepancy

Guideline

Guideline Requirement: Investor qualifying total debt ratio discrepancy.

Calculated investor qualifying total debt ratio of 50.42808% exceeds Guideline total debt ratio of 50.00000%. Due to difference of first lien escrow.

Reviewer Comment (2026-02-06): XXXXX

Seller Comment (2026-02-05): XXXXX

02/06/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31497914

35470887

Compliance

Federal Compliance

ATR/QM Defect

Loan does not meet one or more guideline components which could impact the borrower's ability to repay.

General QM: Based on the loan failing one or more guideline components, the loan is at QM risk.

Failing QM due to DTI.

Reviewer Comment (2026-02-06): XXXXX

02/06/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38123416

35696597

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/04/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38123416

35696602

Credit

Disclosure

Missing Document

Disclosure

E-sign Consent Agreement is missing.

E-sign Consent Agreement is missing in the file.

Reviewer Comment (2026-02-11): XXXXX

Reviewer Comment (2026-02-09): XXXXX

02/11/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38123416

35696616

Credit

Income / Employment

Income Documentation

Income / Employment

Income Docs Missing:

The paystub and WVOE are missing from the file.

Reviewer Comment (2026-02-09): XXXXX

02/09/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38123416

35697078

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail.

File is missing the Paystubs, W-2 and any other available verification of Borrowers current income.

Reviewer Comment (2026-02-09): XXXXX

02/09/2026

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

Safe Harbor QM (APOR)

Yes

[redacted]

38123416

35697079

Compliance

Federal Compliance

ATR/QM Defect

General QM Provision Income and Assets - Wages

General QM: Unable to verity income due to, missing W-2, Paystub, LES, ETS or WVOE.

File is missing the Paystubs, W-2 and any other available verification of Borrowers current income.

Reviewer Comment (2026-02-09): XXXXX

02/09/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38123416

35697080

Compliance

Federal Compliance

ATR/QM Defect

Loan does not meet one or more guideline components which could impact the borrower's ability to repay.

General QM: Based on the loan failing one or more guideline components, the loan is at QM risk.

File is missing the Paystubs, W-2 and any other available verification of Borrowers current income.

Reviewer Comment (2026-02-09): XXXXX

02/09/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34794825

35811100

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/17/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36472544

35858416

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: 122

The file is missing a copy of the secondary valuation required for securitization purposes.

Reviewer Comment (2026-03-02): XXXXX

Seller Comment (2026-02-25): XXXXX

03/02/2026

N/A

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

36472544

35905497

Credit

Loan Package Documentation

Application / Processing

Loan Package Documentation

Missing Document: Pay History not provided

Per guides file must contain a mortgage pay history that reflects, (0x30x6) no late payments in the past 6 months /(1x30x24) no more than one (1) times 30 days past due in the last 24 months. File contains a 3 month pay history (XX/XX/XX to XX/XX/XX) however file does not reflect a payment from XX/XX/XX to current. An updated pay history is required to ensure guidelines were met.

Reviewer Comment (2026-03-17): XXXXX

Seller Comment (2026-03-17): XXXXX

Reviewer Comment (2026-03-12): XXXXX

Seller Comment (2026-03-11): XXXXX

Reviewer Comment (2026-02-25): XXXXX

Seller Comment (2026-02-25): XXXXX

03/17/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

36472544

35905542

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Higher Priced QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail.

Exception triggered due to loan not meeting QM requirements, once all requirements are met, exception will be updated.

Reviewer Comment (2026-03-02): XXXXX

03/02/2026

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

Higher Priced QM (APOR)

Yes

[redacted]

36472544

35905543

Compliance

Federal Compliance

ATR/QM Defect

General QM Provision Employment - S-Corp

General QM: Unable to verify current S-Corp status using reasonably reliable third-party records.

Third party business verification provided is not dated and therefore does not meet QM requirements.

Reviewer Comment (2026-03-02): XXXXX

Seller Comment (2026-02-25): XXXXX

03/02/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

36472544

35905547

Credit

Income / Employment

Income Documentation

Income / Employment

Income Docs Missing:

Third party business verification provided is not dated and therefore does not meet guideline requirements.

Reviewer Comment (2026-03-02): XXXXX

Reviewer Comment (2026-02-25): XXXXX

Seller Comment (2026-02-25): XXXXX

03/02/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

36472544

35905577

Compliance

Federal Compliance

ATR/QM Defect

Loan does not meet one or more guideline components which could impact the borrower's ability to repay.

General QM: Based on the loan failing one or more guideline components, the loan is at QM risk.

Reviewer Comment (2026-03-02): XXXXX

03/02/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

39549397

35389063

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

01/13/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39549397

35389078

Compliance

Federal Compliance

TRID Defect

TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $45.00 exceeds tolerance of $25.00 plus 10% or $27.50. $17.50 over legal limit. Insufficient or no cure was provided to the borrower.

Need sufficient cure amount for ten percent fee

Reviewer Comment (2026-01-28): XXXXX

01/28/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

31840844

35766681

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/12/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31840844

35769660

Compliance

Federal Compliance

ATR/QM Defect

General QM Provision Investor and QM DTIs match and both moderately exceed Guidelines

General QM: The DTI calculated in accordance with the Lenders Guidelines and 1026.43(e) of 50.12484% moderately exceeds the guideline maximum of 50.00%. (DTI Exception is eligible to be regraded with compensating factors.)

50.12484% moderately exceeds the guideline maximum of 50.00%. Difference is due to XXXXX/XXXXX account showing paid off prior to closing without proof payment was received to XXXXX and account has a zero balance.

Reviewer Comment (2026-02-23): XXXXX

02/23/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31840844

35769672

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Risk.

Loan designation failure due to QM failure. This exception will be cleared once all QM specific exceptions have been cured/cleared.

Reviewer Comment (2026-02-23): XXXXX

02/23/2026

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

Safe Harbor QM (APOR)

Yes

[redacted]

31840844

35769693

Credit

AUS Discrepancy / Guidelines Discrepancy

Guideline

Guideline Requirement: Investor qualifying total debt ratio discrepancy.

Calculated investor qualifying total debt ratio of 50.12484% exceeds Guideline total debt ratio of 50.00000%.

Reviewer Comment (2026-02-23): XXXXX

02/23/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31840844

35769706

Compliance

Federal Compliance

ATR/QM Defect

Loan does not meet one or more guideline components which could impact the borrower's ability to repay.

General QM: Based on the loan failing one or more guideline components, the loan is at QM risk.

Loan designation failure due to QM failure. This exception will be cleared once all QM specific exceptions have been cured/cleared.

Reviewer Comment (2026-02-23): XXXXX

02/23/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34412852

35841093

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/20/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38998740

35838541

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: 325

Note Date: ___; Lien Position: ___

Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.

02/20/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37153866

35769893

Compliance

Federal Compliance

TRID Defect

TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $313.56 exceeds tolerance of $210.00. $103.56 over legal limit. Insufficient or no cure was provided to the borrower.

Loan Discount Point Fee was last disclosed as $209.56on LE but disclosed as $313.56 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $104.00, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-02-24): XXXXX

02/24/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

37153866

35769894

Compliance

Federal Compliance

TRID Defect

TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $100.00 exceeds tolerance of $99.00. $1.00 over legal limit. Insufficient or no cure was provided to the borrower.

Credit Report Fee Fee was last disclosed as $99.00 on LE but disclosed as $100.00on Final Closing Disclosure. File does not contain a valid COC for this fee, Sufficient or excess cure was provided to the borrower at Closing.

Reviewer Comment (2026-02-24): XXXXX

02/24/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

37153866

35769895

Compliance

Federal Compliance

TRID Defect

TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Survey Fee. Fee Amount of $375.00 exceeds tolerance of $0.00. $375.00 over legal limit. Insufficient or no cure was provided to the borrower.

Survey Fee was last disclosed as $0.00 on LE but disclosed as $375.00 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $375.00 a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-02-27): XXXXX

Reviewer Comment (2026-02-25): XXXXX

Seller Comment (2026-02-24): XXXXX

02/27/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

37153866

35933108

Compliance

Federal Compliance

TRID

TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $100.00 exceeds tolerance of $99.00. Sufficient or excess cure was provided to the borrower at Closing.

Reviewer Comment (2026-02-27): XXXXX

02/27/2026

Primary

Refinance - Cash-out - Other

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

[redacted]

31664123

35721657

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/06/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37772223

35721399

Credit

Title

General

Title

Title Policy Coverage is less than Original Loan Amount.

The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.

The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount.

Final Title Policy will be provided as a trailing document.

Final Title Policy will be provided as a trailing document

SitusAMC,Aggregator

Reviewer Comment (2026-10-12): XXXXX

02/06/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37772223

35721652

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: 325

Note Date: ___; Lien Position: ___

Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.

02/06/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37772223

35721703

Compliance

Federal Compliance

TRID Defect

TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $-3,246.84 exceeds tolerance of $-7,444.00. Insufficient or no cure was provided to the borrower.

Lender credits was disclosed as -$7,444.00 on LE but disclosed as -$3,246.84 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $4,197.16, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-03-23): XXXXX

Reviewer Comment (2026-03-19): XXXXX

03/23/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

33782805

35804133

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Risk.

Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared.

Reviewer Comment (2026-04-07): XXXXX

04/07/2026

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

Safe Harbor QM (APOR)

Yes

[redacted]

33782805

35804134

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Amount Financed Test

TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of $XXX is over disclosed by $450.00 compared to the calculated Amount Financed of $XXX and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate (fee amounts included in Amount Financed and Finance Charge calculations are based on Closing Disclosure dated XX/XX/XX).

Finance Charge disclosed is $XXX Calculated finance charge is $XXX Variance of $450.00 Based on review of Lender's compliance report title closing coordination fee was not included in finance charge calculation. TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for under disclosed amount, Corrected CD, and Re-open Rescission if Applicable.

Reviewer Comment (2026-04-07): XXXXX

Reviewer Comment (2026-03-11): XXXXX

Reviewer Comment (2026-02-23): XXXXX

04/07/2026

Primary

Refinance - Cash-out - Other

TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions)

Safe Harbor QM (APOR)

Yes

[redacted]

33782805

35804135

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Finance Charge

TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of $XXX is under disclosed by $450.00 compared to the calculated Finance Charge of $XXX which exceeds the $35.00 threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XX/XX/XX).

Finance Charge disclosed is $XXX Calculated finance charge is $XXX Variance of -$450.00 Based on review of Lender's compliance report the title closing coordination fee was not included in finance charge calculation. TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for under disclosed amount, Corrected CD, and Re-open Rescission if Applicable.

Reviewer Comment (2026-04-07): XXXXX

Reviewer Comment (2026-03-11): XXXXX

Reviewer Comment (2026-02-23): XXXXX

04/07/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

Yes

[redacted]

33782805

35804171

Credit

AUS Discrepancy / Guidelines Discrepancy

Guideline

Guideline Requirement: Investor qualifying total debt ratio discrepancy.

Calculated investor qualifying total debt ratio of ___ exceeds Guideline total debt ratio of ___.

The DTI of 51.23105% exceeds the QM maximum of 50.00000 The difference is due to the file supporting a 1st lien escrow shortage that was not considered of $90.96.

Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least $2500.00.

Borrower has worked in the same position for more than 3 years.

The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.

SitusAMC

Reviewer Comment (2026-04-07): XXXXX

04/07/2026

Yes

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33782805

35804174

Compliance

Federal Compliance

ATR/QM Defect

General QM Provision Investor and QM DTIs match and both moderately exceed Guidelines

General QM: The DTI calculated in accordance with the Lenders Guidelines and 1026.43(e) of 51.23105% moderately exceeds the guideline maximum of 50.00%. (DTI Exception is eligible to be regraded with compensating factors.)

The DTI of 51.23105% exceeds the QM maximum of 50.00000. The difference is due to the file supporting a 1st lien escrow shortage that was not considered of $90.96.

Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least $2500.00.

Borrower has worked in the same position for more than 3 years.

The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.

SitusAMC

Reviewer Comment (2026-04-07): XXXXX

04/07/2026

Yes

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33782805

35806097

Compliance

Federal Compliance

ATR/QM Defect

Loan does not meet one or more guideline components which could impact the borrower's ability to repay.

General QM: Based on the loan failing one or more guideline components, the loan is at QM risk.

Reviewer Comment (2026-04-07): XXXXX

04/07/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37071409

35935125

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/03/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

36776516

35813457

Compliance

Federal Compliance

TRID Defect

TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $1,652.00 exceeds tolerance of $1,437.00 plus 10% or $1,580.70. $71.30 over legal limit. Insufficient or no cure was provided to the borrower.

10% tolerance was exceeded by $71.30 due to increase of Title fees. No valid COC provided, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $71.30, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-03-02): XXXXX

Seller Comment (2026-02-27): XXXXX

Reviewer Comment (2026-02-22): XXXXX

Seller Comment (2026-02-20): XXXXX

03/02/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

36776516

35813475

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/17/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32583756

35943045

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/04/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32583756

35943078

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Amount Financed Test

TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of $XXX is over disclosed by $176.95 compared to the calculated Amount Financed of $XXX and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate (fee amounts included in Amount Financed and Finance Charge calculations are based on Closing Disclosure dated XX/XX/XX).

Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of $XXX is over disclosed by $176.95 compared to the calculated Amount Financed of $XXX and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate (fee amounts included in Amount Financed and Finance Charge calculations are based on Closing Disclosure dated XX/XX/XX).

Reviewer Comment (2026-03-27): XXXXX

Seller Comment (2026-03-26): XXXXX

Reviewer Comment (2026-03-19): XXXXX

Seller Comment (2026-03-18): XXXXX

Reviewer Comment (2026-03-17): XXXXX

Seller Comment (2026-03-16): XXXXX

Reviewer Comment (2026-03-09): XXXXX

Seller Comment (2026-03-06): XXXXX

03/27/2026

Primary

Refinance - Cash-out - Other

TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions)

Safe Harbor QM (APOR)

Yes

[redacted]

32583756

35943079

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Finance Charge

TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of $XXX is under disclosed by $176.95 compared to the calculated Finance Charge of $XXX which exceeds the $35.00 threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XX/XX/XX).

Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of $XXX is under disclosed by $176.95 compared to the calculated Finance Charge of $XXX which exceeds the $35.00 threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XX/XX/XX).

Reviewer Comment (2026-03-27): XXXXX

03/27/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

Yes

[redacted]

35296858

35812046

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/17/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33993252

35938378

Compliance

State Compliance

Misc. State Level

(TX50(a)(6)) Texas Cash-out Loan (T-42 Endorsement Not Obtained)

XXXXX Constitution Section 50(a)(6): Acceptable XXXXX title insurance endorsements not obtained for home equity loan. The loan file does not evidence the Title Policy includes the XXXXX T-42 endorsement or the T-42.1 endorsement. (The loan is a XXXXX Section 50 (a)(6) home equity loan.)

Reviewer Comment (2026-03-11): XXXXX

Seller Comment (2026-03-09): XXXXX

03/11/2026

Primary

Refinance - Cash-out - Other

The endorsements would be required at the time of original title policy issuance, there is not an obvious remediation

Safe Harbor QM (APOR)

[redacted]

33993252

35938379

Compliance

State Compliance

State Defect

(TX50(a)(6)) Texas Cash-out Loan (Fannie Mae forms not used for closing of home equity loan)

XXXXX Constitution Section 50(a)(6): XXXXX forms not used for closing of home equity loan.

Reviewer Comment (2026-03-11): XXXXX

Seller Comment (2026-03-09): XXXXX

03/11/2026

Primary

Refinance - Cash-out - Other

The failure to use FNMA Documents does not present a clear remediation path.

Safe Harbor QM (APOR)

[redacted]

38025827

35606479

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

01/26/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

38025827

35607321

Compliance

Federal Compliance

Federal HPML

Federal HPML XXXXX Non Compliant

Federal Higher-Priced Mortgage Loan: APR on subject loan of 11.48358% or Final Disclosure APR of XX.XX% is equal to or greater than the threshold of APOR XX.XX% + XX.XX%, or XX.XX%. Non-Compliant Higher Priced Mortgage Loan.

APR on subject loan of 11.48574% or Final Disclosure APR of XX.XX% is equal to or greater than the threshold of APOR XX.XX% + XX.XX%, or XX.XX%. Non-Compliant Higher Priced Mortgage Loan.

Reviewer Comment (2026-03-25): XXXXX

Reviewer Comment (2026-02-18): XXXXX

Seller Comment (2026-02-15): XXXXX

03/25/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

38025827

35607322

Compliance

Federal Compliance

Federal HPML

TIL Higher Priced Mortgage Loan Safe Harbor Test

TILA HPML appraisal Rule (Dodd-Frank XXXXX): Safe Harbor requirements not satisfied.

Reviewer Comment (2026-01-28): XXXXX

01/28/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

38025827

35607323

Compliance

Federal Compliance

Federal HPML

(Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Appraisal - Did Not Physically Visit)

TILA HPML Appraisal Rule (Dodd-Frank XXXXX): Appraisal not performed by a certified or licensed appraiser who conducted a physical visit to the property.

Reviewer Comment (2026-03-25): XXXXX

Seller Comment (2026-03-23): XXXXX

03/25/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

38025827

35607325

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Higher Priced QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail.

Loan designation failure due to QM failure. This Exception will be cleared once all QM specific exception have been cured/cleared.

Reviewer Comment (2026-03-25): XXXXX

Seller Comment (2026-03-23): XXXXX

03/25/2026

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

Higher Priced QM (APOR)

Yes

[redacted]

38025827

35607327

Compliance

State Compliance

Misc. State Level

Kansas Mortgage Business Act (Prepaid Finance Charges to to Lender or Lender Affiliate)

XXXXX Mortgage Business Act: Mortgage loan contains prepaid finance charges of $1,908.06 payable to the lender or lender affiliate that exceed 5% of the amount financed, or $1,796.40, an overage of $111.66.

Mortgage loan contains prepaid finance charges of $1,908.06 payable to the lender or lender affiliate that exceed 5% of the amount financed, or $1,796.10, an overage of $111.96.

Reviewer Comment (2026-02-13): XXXXX

Seller Comment (2026-02-11): XXXXX

Reviewer Comment (2026-02-09): XXXXX

Seller Comment (2026-02-06): XXXXX

02/13/2026

Primary

Refinance - Cash-out - Other

Within 60 days of discovery, and before any notice from borrower of compliance failure, provide: (1) Letter of Explanation; (2) Lender Attestation of no action instituted or written notice from consumer of the violation; (3) Copy of Refund Check; and (4) Proof of Delivery

Higher Priced QM (APOR)

Yes

[redacted]

38025827

35607338

Compliance

Federal Compliance

ATR/QM Defect

General QM Provision Income and Assets - Wages

General QM: Unable to verity income due to, missing the most recent W2.

Recent Year income document was missing in this file. Borrower's most recent paystub or a WVOE was not provided.

Reviewer Comment (2026-03-25): XXXXX

Seller Comment (2026-03-23): XXXXX

03/25/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

34170717

35721200

Compliance

State Compliance

State Defect

XXXXX SB 1894

XXXXX (SB 1894) - Certificate of Compliance or Exemption not attached to mortgage for recording.

Reviewer Comment (2026-02-26): XXXXX

Seller Comment (2026-02-26): XXXXX

02/26/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34170717

35721238

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/06/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30351060

35679583

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/02/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35740774

35891190

Compliance

State Compliance

Misc. State Level

(TX50(a)(6)) Texas Cash-out Loan (The lender/Assignee cannot conclusively rely on the Value on the Acknowledgement of Fair Market Value as the loan file does not contain an Appraisal)

XXXXX Constitution Section 50(a)(6): The lender/Assignee cannot conclusively rely on the Value on Acknowledgement of Fair Market Value. Test performed using stated value or other valuation method in file other than appraisal.

The lender/Assignee cannot conclusively rely on the Value on Acknowledgement of Fair Market Value. Test performed using stated value or other valuation method in file other than appraisal.

Reviewer Comment (2026-03-05): XXXXX

03/05/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35740774

35891191

Compliance

State Compliance

State Defect

(TX50(a)(6)) Texas Cash-out Loan (Fannie Mae forms not used for closing of home equity loan)

XXXXX Constitution Section 50(a)(6): XXXXX forms not used for closing of home equity loan.

XXXXX forms not used for closing of home equity loan.

Reviewer Comment (2026-03-05): XXXXX

03/05/2026

Primary

Refinance - Cash-out - Other

The failure to use FNMA Documents does not present a clear remediation path.

Safe Harbor QM (APOR)

[redacted]

35740774

35891198

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/26/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35740774

35931704

Compliance

State Compliance

State Defect

(TX50(a)(6)) Texas Cash-out Loan (Itemization of Points and Fees Not Provided At Least 1 Business Day Prior to Closing - No Waiver)

XXXXX Constitution Section 50(a)(6): Final itemized disclosure of fees, points, costs and charges not provided to borrower at least one (1) business day prior to closing without a waiver.

Final itemized disclosure of fees, points, costs and charges not provided to borrower at least one (1) business day prior to closing without a waiver.

Reviewer Comment (2026-04-07): XXXXX

Seller Comment (2026-04-06): XXXXX

Reviewer Comment (2026-04-03): XXXXX

Seller Comment (2026-04-03): XXXXX

Reviewer Comment (2026-03-30): XXXXX

Reviewer Comment (2026-03-26): XXXXX

Seller Comment (2026-03-26): XXXXX

Reviewer Comment (2026-03-25): XXXXX

Seller Comment (2026-03-23): XXXXX

Reviewer Comment (2026-03-18): XXXXX

Seller Comment (2026-03-16): XXXXX

04/07/2026

Primary

Refinance - Cash-out - Other

Refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree.

Safe Harbor QM (APOR)

Yes

[redacted]

39125304

35765411

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. Appraisal from prior transaction was in file. Secondary valuation from subject transaction is missing. Sec ID: 49

Note Date: ___; Lien Position: ___

The file is missing a copy of the secondary valuation required for securitization purposes.

Reviewer Comment (2026-02-25): XXXXX

Seller Comment (2026-02-25): XXXXX

Reviewer Comment (2026-02-23): XXXXX

02/25/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34555623

35858491

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/24/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34343646

35698232

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/04/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34343646

35698268

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Risk.

Loan designation failure due to QM failure. This exception will be cleared once all QM specific exceptions have been cured/cleared.

Reviewer Comment (2026-03-04): XXXXX

Reviewer Comment (2026-02-23): XXXXX

Seller Comment (2026-02-23): XXXXX

Reviewer Comment (2026-02-10): XXXXX

Seller Comment (2026-02-09): XXXXX

03/04/2026

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

Safe Harbor QM (APOR)

Yes

[redacted]

34343646

35698269

Compliance

Federal Compliance

ATR/QM Defect

General QM Provision Investor and QM DTIs match and both moderately exceed Guidelines

General QM: The DTI calculated in accordance with the Lenders Guidelines and 1026.43(e) of 50.12281% moderately exceeds the guideline maximum of 50.00%. (DTI Exception is eligible to be regraded with compensating factors.)

The DTI calculated in accordance with the Lenders Guidelines and 1026.43(e) of 50.12281% moderately exceeds the guideline maximum of 50.00%.

Reviewer Comment (2026-03-04): XXXXX

Reviewer Comment (2026-02-23): XXXXX

Seller Comment (2026-02-23): XXXXX

03/04/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34343646

35699870

Credit

AUS Discrepancy / Guidelines Discrepancy

Guideline

Guideline Requirement: Investor qualifying total debt ratio discrepancy.

Calculated investor qualifying total debt ratio of 50.12281% exceeds Guideline total debt ratio of 50.00000%. Lender did not include full PITI reflected on first lien mortgage statement for $1,376.71, per 1008 only $1,290.41 was included in DTI.

Reviewer Comment (2026-03-04): XXXXX

Reviewer Comment (2026-02-23): XXXXX

Seller Comment (2026-02-23): XXXXX

03/04/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34343646

35699881

Compliance

Federal Compliance

ATR/QM Defect

Loan does not meet one or more guideline components which could impact the borrower's ability to repay.

General QM: Based on the loan failing one or more guideline components, the loan is at QM risk.

Based on the loan failing one or more guideline components, the loan is at QM risk.

Reviewer Comment (2026-03-04): XXXXX

Reviewer Comment (2026-02-23): XXXXX

Seller Comment (2026-02-23): XXXXX

03/04/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32845600

35829032

Compliance

State Compliance

State HPML

(State HPML) Oklahoma Higher-Priced Mortgage Loan (APR Exceeds HPML Threshold)

XXXXX Higher-Priced Mortgage Loan: APR on subject loan of 9.75032% or Final Disclosure APR of XX.XX% is equal to or greater than the threshold of APOR XX.XX% + XX.XX%, or XX.XX%. Compliant Higher Priced Loan.

APR on subject loan of 9.75032% or Final Disclosure APR of XX.XX% is equal to or greater than the threshold of APOR XX.XX% + XX.XX%, or XX.XX%. Compliant Higher Priced Loan.

Reviewer Comment (2026-02-25): XXXXX

02/25/2026

Primary

Refinance - Cash-out - Other

No obvious cure

Higher Priced QM (APOR)

[redacted]

32845600

35829068

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: 325

Note Date: ___; Lien Position: ___

Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.

02/19/2026

N/A

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

32845600

35850147

Credit

Loan Package Documentation

Application / Processing

Loan Package Documentation

Missing Document: Note - Senior Lien not provided

Missing mortgage statement for first lien and unable to verify P&I.

Reviewer Comment (2026-02-23): XXXXX

Seller Comment (2026-02-20): XXXXX

02/23/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

36878469

35829378

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/19/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31853706

35837216

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/20/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35226733

35790742

Credit

Insurance

Insurance Analysis

Insurance

Insufficient Coverage: Hazard insurance coverage amount is insufficient.

Hazard insurance amount is insufficient, required additional insurance coverage to cover the amount. Please provide additional insurance coverage document.

Reviewer Comment (2026-04-02): XXXXX

Seller Comment (2026-04-02): XXXXX

Reviewer Comment (2026-03-26): XXXXX

Seller Comment (2026-03-26): XXXXX

Reviewer Comment (2026-03-23): XXXXX

Seller Comment (2026-03-23): XXXXX

04/02/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35226733

35790743

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: 325

Note Date: ___; Lien Position: ___

The file is missing a copy of the secondary valuation required for securitization purposes.

02/13/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35226733

35790803

Compliance

Federal Compliance

TRID

TRID Lender Credit Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $0.00 exceeds tolerance of $-143.00. Sufficient or excess cure was provided to the borrower at Closing.

0% tolerance was exceeded by -$143.00 due to increase in Lender Credits. However, the File does contain the Cure in the amount of $530.00 which is sufficient.

Reviewer Comment (2026-02-11): XXXXX

02/11/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

Yes

[redacted]

35226733

35790804

Compliance

Federal Compliance

TRID

TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $1,164.59 exceeds tolerance of $1,162.00. Sufficient or excess cure was provided to the borrower at Closing.

0% tolerance was exceeded by -$2.59 due to increase in Loan Discount Points. However, the File does contain the Cure in the amount of $530.00 which is sufficient.

Reviewer Comment (2026-02-11): XXXXX

02/11/2026

Primary

Refinance - Cash-out - Other

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

[redacted]

39802359

35796363

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Amount Financed Test

TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of $XXX is over disclosed by $50.00 compared to the calculated Amount Financed of $XXX and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate (fee amounts included in Amount Financed and Finance Charge calculations are based on Closing Disclosure dated XX/XX/XX).

Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of $XXX is over disclosed by $50.00 compared to the calculated Amount Financed of $XXX and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate (fee amounts included in Amount Financed and Finance Charge calculations are based on Closing Disclosure dated XX/XX/XX). (Final/XX/XX/XX)

Reviewer Comment (2026-04-07): XXXXX

Reviewer Comment (2026-02-19): XXXXX

04/07/2026

Primary

Refinance - Cash-out - Other

TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions)

Safe Harbor QM (APOR)

Yes

[redacted]

39802359

35796364

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Finance Charge

TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of $XXX is under disclosed by $50.00 compared to the calculated Finance Charge of $XXX which exceeds the $35.00 threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XX/XX/XX).

Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of $XXX is under disclosed by $50.00 compared to the calculated Finance Charge of $XXX which exceeds the $35.00 threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XX/XX/XX). (Final/XX/XX/XX)

Reviewer Comment (2026-04-07): XXXXX

Reviewer Comment (2026-02-19): XXXXX

04/07/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

Yes

[redacted]

39802359

35796385

Credit

Income / Employment

Income Documentation

Income / Employment

The verification of employment is required and was not found in file.

Income document missing in the file

Borrower has verified disposable income of at least $2500.00.

SitusAMC

Reviewer Comment (2026-03-13): XXXXX

Buyer Comment (2026-03-12): XXXXX

Reviewer Comment (2026-03-03): XXXXX

Reviewer Comment (2026-02-19): XXXXX

03/13/2026

Yes

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39802359

35796386

Credit

Income / Employment

Income Documentation

Income / Employment

Verification(s) of employment is not within 10 business days of the Note.

Borrower has verified disposable income of at least $2500.00.

SitusAMC

Reviewer Comment (2026-03-13): XXXXX

Buyer Comment (2026-03-12): XXXXX

Reviewer Comment (2026-03-03): XXXXX

Reviewer Comment (2026-02-19): XXXXX

03/13/2026

Yes

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34689138

35906004

Compliance

Federal Compliance

TRID Defect

TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Abstract / Title Search. Fee Amount of $300.00 exceeds tolerance of $0.00. $300.00 over legal limit. Insufficient or no cure was provided to the borrower.

Title - Abstract / Title Search. Fee was last disclosed as $00.00 on LE but disclosed as $300.00 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $300.00, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-04-01): XXXXX

Reviewer Comment (2026-03-06): XXXXX

Seller Comment (2026-03-05): XXXXX

Reviewer Comment (2026-03-04): XXXXX

04/01/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

34689138

35906005

Compliance

Federal Compliance

TRID Defect

TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Settlement / Closing / Escrow Fee. Fee Amount of $525.00 exceeds tolerance of $0.00. $525.00 over legal limit. Insufficient or no cure was provided to the borrower.

Title - Settlement / Closing / Escrow Fee was last disclosed as $00.00 on LE but disclosed as $525.00 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $525.00, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-04-01): XXXXX

04/01/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

34689138

35906006

Compliance

Federal Compliance

TRID Defect

TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Electronic Document Delivery Fee. Fee Amount of $175.00 exceeds tolerance of $35.00. $140.00 over legal limit. Insufficient or no cure was provided to the borrower.

Title - Electronic Document Delivery Fee was last disclosed as $140.00 on LE but disclosed as $175.00 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $35.00, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-04-01): XXXXX

04/01/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

34689138

35906007

Compliance

Federal Compliance

TRID Defect

TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Closing Protection Letter Fee. Fee Amount of $75.00 exceeds tolerance of $0.00. $75.00 over legal limit. Insufficient or no cure was provided to the borrower.

Title - Closing Protection Letter Fee. was last disclosed as $00.00 on LE but disclosed as $75.00 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $75.00, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-04-01): XXXXX

Reviewer Comment (2026-03-04): XXXXX

04/01/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

34689138

35906008

Compliance

Federal Compliance

TRID Defect

TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Endorsement Fee. Fee Amount of $75.00 exceeds tolerance of $0.00. $75.00 over legal limit. Insufficient or no cure was provided to the borrower.

Title - Endorsement Fee was last disclosed as $00.00 on LE but disclosed as $75.00 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $75.00, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-03-16): XXXXX

Reviewer Comment (2026-03-06): XXXXX

Seller Comment (2026-03-05): XXXXX

Reviewer Comment (2026-03-04): XXXXX

03/16/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

34689138

35906139

Credit

AUS Discrepancy / Guidelines Discrepancy

Guideline

Guideline Requirement: Investor qualifying total debt ratio discrepancy.

Calculated investor qualifying total debt ratio of ___ exceeds Guideline total debt ratio of ___.

Calculated investor qualifying total debt ratio of 50.85895% exceeds Guideline total debt ratio of 50.00000%. Difference is due to Lender qualifying borrower with less taxes that verified on Tax Certification.

Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least $2500.00.

Borrower has worked in the same position for more than 3 years.

SitusAMC

Reviewer Comment (2026-04-07): XXXXX

04/07/2026

Yes

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34689138

35906149

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Risk.

Loan designation failure due to QM failure. This exception will be cleared once all QM specific exceptions have been cured/cleared.

Reviewer Comment (2026-04-07): XXXXX

04/07/2026

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

Safe Harbor QM (APOR)

Yes

[redacted]

34689138

35906150

Compliance

Federal Compliance

ATR/QM Defect

General QM Provision Investor and QM DTIs match and both moderately exceed Guidelines

General QM: The DTI calculated in accordance with the Lenders Guidelines and 1026.43(e) of 50.85895% moderately exceeds the guideline maximum of 50.00%. (DTI Exception is eligible to be regraded with compensating factors.)

Lenders Guidelines and 1026.43(e) of 50.85895% moderately exceeds the guideline maximum of 50.00%.

Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least $2500.00.

Borrower has worked in the same position for more than 3 years.

SitusAMC

Reviewer Comment (2026-04-07): XXXXX

04/07/2026

Yes

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34689138

35906304

Compliance

Federal Compliance

ATR/QM Defect

Loan does not meet one or more guideline components which could impact the borrower's ability to repay.

General QM: Based on the loan failing one or more guideline components, the loan is at QM risk.

Loan designation failure due to QM failure. This exception will be cleared once all QM specific exceptions have been cured/cleared.

Reviewer Comment (2026-04-07): XXXXX

04/07/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34689138

35964414

Compliance

Federal Compliance

TRID Defect

TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for E-Doc Fee. Fee Amount of $20.00 exceeds tolerance of $10.00. $10.00 over legal limit. Insufficient or no cure was provided to the borrower.

XXXXX Title E-doc fee increased on CD dated XX/XX/XX without valid COC. A valid Changed Circumstance or cure is required. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check.

Reviewer Comment (2026-04-01): XXXXX

Reviewer Comment (2026-03-06): XXXXX

Seller Comment (2026-03-05): XXXXX

04/01/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

34689138

35964415

Compliance

Federal Compliance

TRID Defect

TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Technology fee. Fee Amount of $50.00 exceeds tolerance of $0.00. $50.00 over legal limit. Insufficient or no cure was provided to the borrower.

XXXXX Title Technology fee added on CD dated XX/XX/XX without valid COC. A valid Changed Circumstance or cure is required. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check.

Reviewer Comment (2026-04-01): XXXXX

Reviewer Comment (2026-03-11): XXXXX

Reviewer Comment (2026-03-06): XXXXX

Seller Comment (2026-03-05): XXXXX

04/01/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

30692778

35821728

Compliance

State Compliance

Misc. State Level

(TX50(a)(6)) Texas Cash-out Loan (The lender/Assignee cannot conclusively rely on the Value on the Acknowledgement of Fair Market Value as the loan file does not contain an Appraisal)

The lender/Assignee cannot conclusively rely on the Value on Acknowledgement of Fair Market Value. Test performed using stated value or other valuation method in file other than appraisal.

Reviewer Comment (2026-02-25): XXXXX

Reviewer Comment (2026-02-23): XXXXX

Seller Comment (2026-02-19): XXXXX

02/25/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30692778

35821730

Compliance

State Compliance

Misc. State Level

(TX50(a)(6)) Texas Cash-out Loan (T-42 Endorsement Not Obtained)

Acceptable XXXXX title insurance endorsements not obtained for home equity loan. The loan file does not evidence the Title Policy includes the XXXXX T-42 endorsement or the T-42.1 endorsement. (The loan is a XXXXX Section 50 (a)(6) home equity loan.)

Reviewer Comment (2026-02-25): XXXXX

02/25/2026

Primary

Refinance - Cash-out - Other

The endorsements would be required at the time of original title policy issuance, there is not an obvious remediation

Safe Harbor QM (APOR)

[redacted]

30692778

35821731

Compliance

State Compliance

State Defect

(TX50(a)(6)) Texas Cash-out Loan (Fannie Mae forms not used for closing of home equity loan)

XXXXX Constitution Section 50(a)(6): XXXXX forms not used for closing of home equity loan.

XXXXX forms not used for closing of home equity loan

Reviewer Comment (2026-02-25): XXXXX

Reviewer Comment (2026-02-23): XXXXX

Seller Comment (2026-02-19): XXXXX

02/25/2026

Primary

Refinance - Cash-out - Other

The failure to use FNMA Documents does not present a clear remediation path.

Safe Harbor QM (APOR)

[redacted]

30692778

35821826

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/18/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37734673

35828416

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/19/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33705555

35967292

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/06/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

36449087

35919114

Compliance

Federal Compliance

TRID Defect

TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $-208.67 exceeds tolerance of $-244.00. Insufficient or no cure was provided to the borrower.

Lender Credits Fee was last disclosed as -$244.00 on LE but disclosed as -$208.67 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $35.33, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-03-30): XXXXX

Seller Comment (2026-03-30): XXXXX

Reviewer Comment (2026-03-29): XXXXX

Seller Comment (2026-03-29): XXXXX

Reviewer Comment (2026-03-27): XXXXX

Seller Comment (2026-03-26): XXXXX

Reviewer Comment (2026-03-09): XXXXX

Seller Comment (2026-03-09): XXXXX

03/30/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Higher Priced QM (APOR)

Yes

[redacted]

36449087

35919119

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/27/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

34533101

35917130

Compliance

Federal Compliance

TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form

TILA Notice of Right to Cancel Expiration Date Prior or equal to Disbursement Date

Truth in Lending Act: Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s).

RTC disclosed incorrect transaction and/or expiration date.

Reviewer Comment (2026-03-11): XXXXX

Reviewer Comment (2026-03-03): XXXXX

Seller Comment (2026-03-02): XXXXX

03/11/2026

Primary

Refinance - Cash-out - Other

TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form

Safe Harbor QM (APOR)

Yes

[redacted]

34533101

35917147

Credit

Income / Employment

Income Documentation

Income / Employment

Income Docs Missing:

The file is missing XXXXX Letter.

Reviewer Comment (2026-03-03): XXXXX

Seller Comment (2026-03-03): XXXXX

03/03/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34533101

35917153

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/27/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34533101

35917283

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Risk.

Loan designation failure due to QM failure. This exception will be cleared once all QM specific exceptions have been cured/cleared.

Reviewer Comment (2026-03-03): XXXXX

Seller Comment (2026-03-02): XXXXX

03/03/2026

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

Safe Harbor QM (APOR)

Yes

[redacted]

34533101

35917288

Compliance

Federal Compliance

ATR/QM Defect

Loan does not meet one or more guideline components which could impact the borrower's ability to repay.

General QM: Based on the loan failing one or more guideline components, the loan is at QM risk.

Missing XXXXX Awards letter.

Reviewer Comment (2026-03-03): XXXXX

03/03/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36708063

35956403

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/05/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36708063

35984765

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail.

Loan designation failure due to QM failure. This exception will be cleared once all QM specific exceptions have been cured/cleared.

Reviewer Comment (2026-03-19): XXXXX

Seller Comment (2026-03-18): XXXXX

Reviewer Comment (2026-03-13): XXXXX

Seller Comment (2026-03-11): XXXXX

03/19/2026

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

Safe Harbor QM (APOR)

Yes

[redacted]

36708063

35984766

Compliance

Federal Compliance

ATR/QM Defect

QM Points and Fees XXXXX

Qualified Mortgage (Dodd Frank XXXXX): Points and Fees on subject loan of 3.00036% is in excess of the allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total $XXX on a Federal Total Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $XXX or .00036%).

QM Points and Fees threshold exceeded by $0.55 or .00036%. Loan was consummated after XX/XX/XX. For loans consummated after this date, there is no longer any cure mechanism available for QM points and fees violations. The Undiscounted Interest Rate Price was not provided on the compliance report. Please provide the undiscounted rate price in order to evaluate whether any discount points were bona fide and excludable from points and fees.

Reviewer Comment (2026-03-19): XXXXX

03/19/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32285682

35967032

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/06/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34803812

35748457

Credit

Loan Package Documentation

Application / Processing

Loan Package Documentation

FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.

The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the property must be re-inspected on or after XX/XX/XX declared end Date.

Reviewer Comment (2026-02-24): XXXXX

Seller Comment (2026-02-24): XXXXX

02/24/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34803812

35748465

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/10/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33524684

35829958

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/19/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32721349

35836580

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: 325

Note Date: ___; Lien Position: ___

Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.

02/20/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30402083

36127346

Compliance

State Compliance

Misc. State Level

(TX50(a)(6)) Texas Cash-out Loan (The lender/Assignee cannot conclusively rely on the Value on the Acknowledgement of Fair Market Value as the loan file does not contain an Appraisal)

The lender/Assignee cannot conclusively rely on the Value on Acknowledgement of Fair Market Value. Test performed using stated value or other valuation method in file other than appraisal.

Reviewer Comment (2026-04-01): XXXXX

Reviewer Comment (2026-03-27): XXXXX

Seller Comment (2026-03-27): XXXXX

04/01/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30402083

36127347

Compliance

State Compliance

State Defect

(TX50(a)(6)) Texas Cash-out Loan (Fannie Mae forms not used for closing of home equity loan)

XXXXX Constitution Section 50(a)(6): XXXXX forms not used for closing of home equity loan.

XXXXX forms not used for closing of home equity loan

Reviewer Comment (2026-04-01): XXXXX

Reviewer Comment (2026-03-27): XXXXX

Seller Comment (2026-03-27): XXXXX

04/01/2026

Primary

Refinance - Cash-out - Other

The failure to use FNMA Documents does not present a clear remediation path.

Safe Harbor QM (APOR)

[redacted]

30402083

36127359

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/26/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30402083

36162646

Compliance

State Compliance

State Defect

(TX50(a)(6)) Texas Cash-out Loan (Itemization of Points and Fees Not Provided)

XXXXX Constitution Section 50(a)(6): Final Itemized disclosure of fees, points, costs and charges not provided to borrower at least one (1) business day prior to closing.

Reviewer Comment (2026-04-01): XXXXX

Seller Comment (2026-03-30): XXXXX

Reviewer Comment (2026-03-27): XXXXX

Seller Comment (2026-03-27): XXXXX

04/01/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

Yes

[redacted]

37385982

35830193

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/19/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37385982

35830224

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail.

Loan designation failure due to QM failure. This exception will be cleared once all QM specific exceptions have been cured/cleared.

Reviewer Comment (2026-04-17): XXXXX

Reviewer Comment (2026-03-30): XXXXX

Reviewer Comment (2026-02-26): XXXXX

Seller Comment (2026-02-24): XXXXX

04/17/2026

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

Safe Harbor QM (APOR)

Yes

[redacted]

37385982

35830225

Compliance

Federal Compliance

ATR/QM Defect

General QM Provision Employment - Schedule C

General QM: Unable to verify current Sole Proprietorship status using reasonably reliable third-party records.

The file was missing a copy of the Third-party business verification.

Reviewer Comment (2026-04-17): XXXXX

Seller Comment (2026-04-15): XXXXX

Reviewer Comment (2026-03-30): XXXXX

Seller Comment (2026-03-26): XXXXX

04/17/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30357345

35997049

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/11/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30671533

35673732

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/02/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

30671533

35679868

Credit

Income / Employment

Income Documentation

Income / Employment

The verification of employment is required and was not found in file.

Reviewer Comment (2026-03-02): XXXXX

Seller Comment (2026-02-27): XXXXX

Reviewer Comment (2026-02-10): XXXXX

03/02/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

30671533

35679869

Credit

Income / Employment

Income Documentation

Income / Employment

Verification(s) of employment is not within 10 business days of the Note.

Reviewer Comment (2026-03-02): XXXXX

Reviewer Comment (2026-02-10): XXXXX

Seller Comment (2026-02-09): XXXXX

03/02/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

33141802

35920688

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/27/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32254189

36091352

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Missing Document: Appraisal was made "subject to" and Form 1004D/442 was not provided.

Appraisal was made subject to and 442 is not in images.

Reviewer Comment (2026-03-23): XXXXX

Seller Comment (2026-03-23): XXXXX

03/23/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

32254189

36091757

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Higher Priced QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Risk.

Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared.

Reviewer Comment (2026-03-23): XXXXX

Seller Comment (2026-03-23): XXXXX

03/23/2026

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

Higher Priced QM (APOR)

Yes

[redacted]

32254189

36091762

Compliance

Federal Compliance

ATR/QM Defect

General QM Provision Investor and QM DTIs match and both moderately exceed Guidelines

General QM: The DTI calculated in accordance with the Lenders Guidelines and 1026.43(e) of 50.33121% moderately exceeds the guideline maximum of 50.00%. (DTI Exception is eligible to be regraded with compensating factors.)

The DTI of 50.33121% exceeds the QM maximum of 50.00%. The difference is due to XXXXX #XXXXX ($115.00) account disclosed as $0.00 balance on final 1003. However, proof of payoff not provided.

Reviewer Comment (2026-03-23): XXXXX

Seller Comment (2026-03-23): XXXXX

03/23/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

32254189

36091811

Credit

AUS Discrepancy / Guidelines Discrepancy

Guideline

Guideline Requirement: Investor qualifying total debt ratio discrepancy.

The DTI of 50.33121% exceeds the QM maximum of 50.00%. The difference is due to XXXXX #XXXXX ($115.00) account disclosed as $0.00 balance on final 1003. However, proof of payoff not provided.

Reviewer Comment (2026-03-23): XXXXX

Seller Comment (2026-03-23): XXXXX

03/23/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

32254189

36091819

Compliance

Federal Compliance

ATR/QM Defect

Loan does not meet one or more guideline components which could impact the borrower's ability to repay.

General QM: Based on the loan failing one or more guideline components, the loan is at QM risk.

The DTI of 50.33121% exceeds the QM maximum of 50.00%. The difference is due to XXXXX #XXXXX ($115.00) account disclosed as $0.00 balance on final 1003. However, proof of payoff not provided.

Reviewer Comment (2026-03-23): XXXXX

Seller Comment (2026-03-23): XXXXX

03/23/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

30460957

35917011

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/27/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

34380842

35919772

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/27/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

37331840

35967252

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/06/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34797941

35821205

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: 325

Note Date: ___; Lien Position: ___

The file is missing a copy of the secondary valuation required for securitization purposes.

02/18/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34797941

35860854

Credit

AUS Discrepancy / Guidelines Discrepancy

Guideline

Guideline Requirement: Total cash-out discrepancy.

HUD-1 total cash-out of ___ is greater than Guideline total cash-out of ___.

Total debts paid on final CD are $XXXXX. However, including depts on the addendum page, payoffs total $XXXXX. This combined with the cash to borrower at closing of $XXXXX totals $XXXXX and is more than the loan amount.

Reviewer Comment (2026-03-04): XXXXX

Seller Comment (2026-03-03): XXXXX

03/04/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34797941

35999912

Credit

Miscellaneous

Guideline

Credit Exception:

Loan has a DTI discrepancy due to missing documentation verifying the exclusion reason for XXXXX installment loan with $276 monthly payment. DTI on 1008 is 41.93%, calculated DTI is 43.37% with the $276 payment included.

Reviewer Comment (2026-03-10): XXXXX

Seller Comment (2026-03-10): XXXXX

03/10/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38718629

35893061

Compliance

Federal Compliance

TRID Defect

TRID Interim Closing Disclosure Timing Regular APR Change

TILA-RESPA Integrated Disclosure - Corrected Closing Disclosure issued on XX/XX/XX contains a change in APR and a complete Closing Disclosure was not received by borrower at least three (3) business days prior to consummation.

Corrected Closing Disclosure issued on XX/XX/XX contains a change in APR and a complete Closing Disclosure was not received by borrower at least three (3) business days prior to consummation.

Reviewer Comment (2026-03-06): XXXXX

Reviewer Comment (2026-03-05): XXXXX

03/06/2026

Primary

Refinance - Cash-out - Other

No Defined Cure

Safe Harbor QM (APOR)

[redacted]

38436814

35829684

Credit

Loan Package Documentation

Loan File

Missing Document

Missing Document: Hazard Insurance Policy not provided

File is missing a copy of Blanket Insurance policy document.

Reviewer Comment (2026-02-26): XXXXX

Seller Comment (2026-02-25): XXXXX

02/26/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38436814

35829763

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/19/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33408059

36090206

Compliance

Federal Compliance

RESPA

RESPA Disclosure - Affiliated Business Arrangement Disclosure Not Provided Within 3 Business Days of Application

RESPA Disclosure Rule: Creditor did not provide Affiliated Business Arrangement Disclosure to applicant within three (3) business days of application.

Reviewer Comment (2026-03-25): XXXXX

03/25/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33408059

36090207

Compliance

Federal Compliance

TRID Defect

TRID Initial Loan Estimate Timing Electronically Provided

TILA-RESPA Integrated Disclosure: Loan Estimate not delivered or placed in the mail to Borrower(s) within three (3) business days of application.

Disclosures were sent to borrower prior to obtain consent for electronic disclosure from borrower. Lender to provide proof of consent within initial 3 days of application OR proof of disclosure sent to borrower using another method within 3 days of application.

Reviewer Comment (2026-03-27): XXXXX

Seller Comment (2026-03-26): XXXXX

03/27/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33408059

36090209

Compliance

Federal Compliance

TRID

ECOA Appraisal Disclosure - ECOA Timing

ECOA - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure within 3 days of the loan application date.

File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure within 3 days of the loan application date.

Reviewer Comment (2026-03-25): XXXXX

03/25/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33408059

36090212

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/20/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33272947

35838892

Compliance

Federal Compliance

TRID Defect

TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $-333.33 exceeds tolerance of $-409.00. Insufficient or no cure was provided to the borrower.

Lender Credits Fee was last disclosed as -$409.00 on LE but disclosed as -$333.33 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $75.67, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-04-06): XXXXX

Seller Comment (2026-04-03): XXXXX

Reviewer Comment (2026-04-01): XXXXX

Seller Comment (2026-03-31): XXXXX

Reviewer Comment (2026-03-11): XXXXX

Seller Comment (2026-03-10): XXXXX

Reviewer Comment (2026-02-27): XXXXX

Seller Comment (2026-02-26): XXXXX

Reviewer Comment (2026-02-25): XXXXX

Seller Comment (2026-02-24): XXXXX

Reviewer Comment (2026-02-24): XXXXX

Seller Comment (2026-02-23): XXXXX

04/06/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

33272947

35838901

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/20/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39287080

35917385

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/27/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31072785

36057888

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/16/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38334629

35790163

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/13/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38334629

35790166

Credit

Asset

Asset Calculation / Analysis

Asset

Available for Closing is insufficient to cover Cash From Borrower.

Verified liquid assets in the amount of $0 are insufficient to meet cash to close of $XXXXX.

Reviewer Comment (2026-02-23): XXXXX

Seller Comment (2026-02-20): XXXXX

Reviewer Comment (2026-02-18): XXXXX

Seller Comment (2026-02-18): XXXXX

02/23/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38334629

35816062

Credit

Income / Employment

Income Documentation

Income / Employment

Income Docs Missing:

File is missing the XXXXX W2.

Reviewer Comment (2026-02-18): XXXXX

Seller Comment (2026-02-18): XXXXX

02/18/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38334629

35816069

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Risk.

Based on the loan failing one or more guideline components, the loan is at QM risk. Once the guidelines are met exception will be addressed.

Reviewer Comment (2026-02-18): XXXXX

02/18/2026

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

Safe Harbor QM (APOR)

Yes

[redacted]

38334629

35816070

Compliance

Federal Compliance

ATR/QM Defect

Loan does not meet one or more guideline components which could impact the borrower's ability to repay.

General QM: Based on the loan failing one or more guideline components, the loan is at QM risk.

Based on the loan failing one or more guideline components, the loan is at QM risk. Once the guidelines are met exception will be addressed.

Reviewer Comment (2026-02-18): XXXXX

02/18/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34880055

35748375

Compliance

Federal Compliance

TRID Defect

TRID Closing Disclosure Issue Date Not Provided

TILA-RESPA Integrated Disclosure: Closing Disclosure estimated to be provided on XX/XX/XX did not disclose the actual Date Issued. Unable to conclusively determine Final Closing disclosure to use to test for compliance with applicable TRID timing requirements, TRID fee tolerance testing or accuracy of disclosures at or before consummation due to missing Issue Date. Tested using an estimated Date Issued based on best information available.

Closing Disclosure estimated to be provided on XX/XX/XX did not disclose the actual Date Issued. Unable to conclusively determine Final Closing disclosure to use to test for compliance with applicable TRID timing requirements, TRID fee tolerance testing or accuracy of disclosures at or before consummation due to missing Issue Date. Tested using an estimated Date Issued based on best information available.

Reviewer Comment (2026-03-16): XXXXX

Reviewer Comment (2026-02-18): XXXXX

Seller Comment (2026-02-18): XXXXX

03/16/2026

Primary

Refinance - Cash-out - Other

Good Faith Redisclosure

Safe Harbor QM (APOR)

Yes

[redacted]

34880055

35748376

Compliance

Federal Compliance

TRID Defect

TRID Interim Closing Disclosure Timing Product Change

TILA-RESPA Integrated Disclosure - Corrected Closing Disclosure issued on XX/XX/XX contains a change in loan product and a complete Closing Disclosure was not received by borrower at least three (3) business days prior to consummation.

Corrected Closing Disclosure issued on XX/XX/XX contains a change in loan product and a complete Closing Disclosure was not received by borrower at least three (3) business days prior to consummation.

Reviewer Comment (2026-03-05): XXXXX

Reviewer Comment (2026-02-12): XXXXX

03/05/2026

Primary

Refinance - Cash-out - Other

No Defined Cure

Safe Harbor QM (APOR)

[redacted]

34880055

35748377

Compliance

Federal Compliance

TRID Defect

TRID Interim Closing Disclosure Timing Regular APR Change

Corrected Closing Disclosure issued on XX/XX/XX contains a change in APR and a complete Closing Disclosure was not received by borrower at least three (3) business days prior to consummation.

Reviewer Comment (2026-03-05): XXXXX

Reviewer Comment (2026-02-12): XXXXX

03/05/2026

Primary

Refinance - Cash-out - Other

No Defined Cure

Safe Harbor QM (APOR)

[redacted]

34880055

35748412

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/10/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34134218

35684874

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/03/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34134218

35687864

Compliance

Federal Compliance

TRID Defect

TRID Initial Loan Estimate Timing Electronically Provided

TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated XX/XX/XX was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations.

Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated XX/XX/XX was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations.

Reviewer Comment (2026-02-20): XXXXX

Reviewer Comment (2026-02-12): XXXXX

Reviewer Comment (2026-02-10): XXXXX

Reviewer Comment (2026-02-09): XXXXX

02/20/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34134218

35687872

Credit

Loan Package Documentation

Application / Processing

Loan Package Documentation

FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.

Reviewer Comment (2026-02-10): XXXXX

02/10/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34134218

35687875

Credit

Title

Document Error

Title

The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.

The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount.

Final Title Policy will be provided as a trailing document.

Final Title Policy will be provided as a trailing document

SitusAMC,Aggregator

Reviewer Comment (2026-10-12): XXXXX

02/03/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34134218

35687890

Credit

Income / Employment

Income Documentation

Income / Employment

Verification(s) of employment is not within 10 business days of the Note.

This file was missing a copy of VVOE. Per guidelines, Verbal Verification of Employment VVOE completed within 10 days of closing must be provided.

Reviewer Comment (2026-03-09): XXXXX

Reviewer Comment (2026-03-06): XXXXX

Reviewer Comment (2026-02-24): XXXXX

Seller Comment (2026-02-23): XXXXX

Reviewer Comment (2026-02-13): XXXXX

Reviewer Comment (2026-02-12): XXXXX

Seller Comment (2026-02-11): XXXXX

Reviewer Comment (2026-02-10): XXXXX

03/09/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34134218

35688187

Credit

Income / Employment

Income Documentation

Income / Employment

Income Docs Missing:

Missing employment verification within 10 business days of Note.

Reviewer Comment (2026-03-09): XXXXX

Reviewer Comment (2026-03-06): XXXXX

Reviewer Comment (2026-02-24): XXXXX

03/09/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34134218

35688218

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Risk.

Missing verification of employment within 10 business days of Note.

Reviewer Comment (2026-03-09): XXXXX

03/09/2026

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

Safe Harbor QM (APOR)

Yes

[redacted]

34134218

35688219

Compliance

Federal Compliance

ATR/QM Defect

Loan does not meet one or more guideline components which could impact the borrower's ability to repay.

General QM: Based on the loan failing one or more guideline components, the loan is at QM risk.

Missing verification of employment within 10 business days of Note.

Reviewer Comment (2026-03-09): XXXXX

03/09/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30915898

35748885

Compliance

Federal Compliance

TRID Defect

TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $133.00 exceeds tolerance of $100.00. $33.00 over legal limit. Insufficient or no cure was provided to the borrower.

Credit Report Fee was last disclosed as $100.00 on LE but disclosed as $133.00 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $33.00, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-02-23): XXXXX

02/23/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

30915898

35748894

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/10/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39012811

35811362

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/17/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32432713

35838435

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/20/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37366337

35823247

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/18/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37390573

35811210

Compliance

State Compliance

State Defect

(TX50(a)(6)) Texas Cash-out Loan (Fannie Mae forms not used for closing of home equity loan)

XXXXX Constitution Section 50(a)(6): XXXXX forms not used for closing of home equity loan.

XXXXX forms not used for closing of home equity loan.

Reviewer Comment (2026-02-25): XXXXX

Seller Comment (2026-02-24): XXXXX

02/25/2026

Primary

Refinance - Cash-out - Other

The failure to use FNMA Documents does not present a clear remediation path.

Safe Harbor QM (APOR)

[redacted]

32634016

35828371

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/19/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32634016

35852581

Compliance

Federal Compliance

TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form

TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (Circuit 2, 5, 7, 8, 9, 10 or DC)

Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The H-8 form was used, the H-9 form should have been used.

Reviewer Comment (2026-03-09): XXXXX

Seller Comment (2026-03-04): XXXXX

Reviewer Comment (2026-02-24): XXXXX

Seller Comment (2026-02-20): XXXXX

03/09/2026

Primary

Refinance - Cash-out - Other

TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form

Safe Harbor QM (APOR)

Yes

[redacted]

35245486

35945110

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/04/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34004440

36046391

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/16/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34004440

36046399

Compliance

Federal Compliance

TRID

TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $362.50 exceeds tolerance of $250.00. Sufficient or excess cure was provided to the borrower at Closing.

Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $362.50 exceeds tolerance of $250.00. Sufficient or excess cure was provided to the borrower at Closing.

Reviewer Comment (2026-03-12): XXXXX

03/12/2026

Primary

Refinance - Cash-out - Other

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

[redacted]

39039181

35984594

Credit

AUS Discrepancy / Guidelines Discrepancy

Guideline

Guideline Requirement: Investor qualifying total debt ratio discrepancy.

Calculated investor qualifying total debt ratio of 50.64007% exceeds Guideline total debt ratio of 50.00000%. Lender excluded XXXXX debt with balance of $630.27, however there is no evidence supporting the omission od the debt. Final CD does not reflect the debt was paid through closing.

Reviewer Comment (2026-03-19): XXXXX

Seller Comment (2026-03-18): XXXXX

03/19/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39039181

35984733

Compliance

Federal Compliance

TRID

ECOA Appraisal Disclosure - ECOA Timing

ECOA - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure within 3 days of the loan application date.

File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure within 3 days of the loan application date.

Reviewer Comment (2026-03-11): XXXXX

03/11/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39039181

35984735

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Risk.

Loan designation failure due to QM failure. This exception will be cleared once all QM specific exceptions have been cured/cleared.

Reviewer Comment (2026-03-19): XXXXX

03/19/2026

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

Safe Harbor QM (APOR)

Yes

[redacted]

39039181

35984736

Compliance

Federal Compliance

ATR/QM Defect

General QM Provision Investor and QM DTIs match and both moderately exceed Guidelines

General QM: The DTI calculated in accordance with the Lenders Guidelines and 1026.43(e) of 50.64007% moderately exceeds the guideline maximum of 50.00%. (DTI Exception is eligible to be regraded with compensating factors.)

he DTI calculated in accordance with the Lenders Guidelines and 1026.43(e) of 50.64007% moderately exceeds the guideline maximum of 50.00%. (DTI Exception is eligible to be regraded with compensating factors.)

Reviewer Comment (2026-03-19): XXXXX

Seller Comment (2026-03-18): XXXXX

03/19/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39039181

35984737

Compliance

Federal Compliance

ATR/QM Defect

Loan does not meet one or more guideline components which could impact the borrower's ability to repay.

General QM: Based on the loan failing one or more guideline components, the loan is at QM risk.

Reviewer Comment (2026-03-19): XXXXX

03/19/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39039181

35984738

Compliance

Federal Compliance

RESPA

RESPA Disclosure - Affiliated Business Arrangement Disclosure Not Provided Within 3 Business Days of Application

RESPA Disclosure Rule: Creditor did not provide Affiliated Business Arrangement Disclosure to applicant within three (3) business days of application.

Creditor did not provide Affiliated Business Arrangement Disclosure to applicant within three (3) business days of application.

Reviewer Comment (2026-03-11): XXXXX

03/11/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39039181

35984739

Compliance

Federal Compliance

RESPA

RESPA Disclosure - List of Homeownership Counseling Organizations Not Provided Within 3 Business Days of Application

RESPA Disclosure Rule (Dodd-Frank XXXXX): List of Homeownership Counseling Organizations not provided to applicant within three (3) business days of application.

The file was missing proof the disclosure was provided to the borrower(s) within 3 days of the application date.

03/09/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39039181

35984740

Compliance

Federal Compliance

TRID Defect

TRID Initial Loan Estimate Timing Electronically Provided

TILA-RESPA Integrated Disclosure: Loan Estimate not delivered or placed in the mail to Borrower(s) within three (3) business days of application.

Reviewer Comment (2026-03-17): XXXXX

03/17/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39039181

35984741

Compliance

Federal Compliance

TRID Defect

TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $534.00 exceeds tolerance of $283.00 plus 10% or $311.30. $222.70 over legal limit. Insufficient or no cure was provided to the borrower.

10% tolerance was exceeded by $283.00 due to increase of recording fee. No valid COC provided, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $283.00 , a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-03-11): XXXXX

03/11/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

39039181

35984742

Compliance

Federal Compliance

TRID Defect

TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $84.60 exceeds tolerance of $48.60. $36.00 over legal limit. Insufficient or no cure was provided to the borrower.

Loan Discount Points. Fee was last disclosed as $36.00 on LE but disclosed as $84.60 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $48.60, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-03-11): XXXXX

03/11/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

39039181

35984743

Compliance

Federal Compliance

TRID Defect

TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Electronic Document Delivery Fee. Fee Amount of $50.00 exceeds tolerance of $0.00. $50.00 over legal limit. Insufficient or no cure was provided to the borrower.

Title - Electronic Document Delivery Fee. was last disclosed as $00.00 on LE but disclosed as $50.00 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $50.00, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-03-11): XXXXX

03/11/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

39039181

35984744

Compliance

Federal Compliance

TRID Defect

TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Release Tracking Fee. Fee Amount of $10.00 exceeds tolerance of $0.00. $10.00 over legal limit. Insufficient or no cure was provided to the borrower.

Title - Release Tracking Fee was last disclosed as $00.00 on LE but disclosed as $10.00 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $10.00, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-03-11): XXXXX

03/11/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

39039181

35984745

Compliance

Federal Compliance

TRID Defect

TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Settlement / Closing / Escrow Fee. Fee Amount of $675.00 exceeds tolerance of $0.00. $675.00 over legal limit. Insufficient or no cure was provided to the borrower.

Title - Settlement / Closing / Escrow Fee was last disclosed as $00.00 on LE but disclosed as $675.00 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $675.00, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-03-11): XXXXX

03/11/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

39039181

35984746

Compliance

Federal Compliance

TRID Defect

TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Verification Of Employment Fee. Fee Amount of $75.00 exceeds tolerance of $0.00. $75.00 over legal limit. Insufficient or no cure was provided to the borrower.

Verification Of Employment Fee. was last disclosed as $00.00 on LE but disclosed as $75.00 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $75.00, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-03-11): XXXXX

03/11/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

39039181

35984747

Compliance

Federal Compliance

TRID Defect

TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Flood Certification (Life Of Loan). Fee Amount of $7.50 exceeds tolerance of $0.00. $7.50 over legal limit. Insufficient or no cure was provided to the borrower.

Flood Certification (Life Of Loan). was last disclosed as $00.00 on LE but disclosed as $7.50 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $7.50 , a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-03-11): XXXXX

03/11/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

39039181

35984748

Compliance

Federal Compliance

TRID Defect

TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Tax Service Fee (Life Of Loan). Fee Amount of $72.00 exceeds tolerance of $0.00. $72.00 over legal limit. Insufficient or no cure was provided to the borrower.

Tax Service Fee. was last disclosed as $00.00 on LE but disclosed as $72.00 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $72.00, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-03-17): XXXXX

Reviewer Comment (2026-03-11): XXXXX

03/17/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

31728805

35919658

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: 325

Note Date: ___; Lien Position: ___

Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.

02/27/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31728805

35919678

Compliance

State Compliance

State Defect

(TX50(a)(6)) Texas Cash-out Loan (Fannie Mae forms not used for closing of home equity loan)

XXXXX Constitution Section 50(a)(6): XXXXX forms not used for closing of home equity loan.

XXXXX forms not used for closing of home equity loan.

Reviewer Comment (2026-03-05): XXXXX

Seller Comment (2026-03-02): XXXXX

03/05/2026

Primary

Refinance - Cash-out - Other

The failure to use FNMA Documents does not present a clear remediation path.

Safe Harbor QM (APOR)

[redacted]

31728805

35919679

Compliance

State Compliance

State Defect

(TX50(a)(6)) Texas Cash-out Loan (Itemization of Points and Fees Not Provided)

XXXXX Constitution Section 50(a)(6): Final Itemized disclosure of fees, points, costs and charges not provided to borrower at least one (1) business day prior to closing.

Final Itemized disclosure of fees, points, costs and charges not provided to borrower at least one (1) business day prior to closing.

Reviewer Comment (2026-03-05): XXXXX

Seller Comment (2026-03-02): XXXXX

03/05/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

Yes

[redacted]

33404026

35891824

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/26/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31868393

35857145

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/24/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34495885

35812913

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/17/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34495885

35812928

Credit

Asset

Asset Calculation / Analysis

Asset

Available for Closing is insufficient to cover Cash From Borrower.

Documented qualifying Assets for Closing of $0.00 is less than Cash From Borrower $XXXXX.

Reviewer Comment (2026-02-19): XXXXX

Seller Comment (2026-02-18): XXXXX

02/19/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34495885

35812955

Compliance

Federal Compliance

TRID Defect

TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $0.00 exceeds tolerance of $-299.00. Insufficient or no cure was provided to the borrower.

Lender credit was last disclosed as $299.00 on LE but disclosed as $0.00 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $299.00, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made

Reviewer Comment (2026-02-27): XXXXX

Seller Comment (2026-02-26): XXXXX

Reviewer Comment (2026-02-23): XXXXX

Seller Comment (2026-02-23): XXXXX

02/27/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

34230302

35828670

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/19/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

31845732

35827552

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/19/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36138130

35866919

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/25/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36138130

35866975

Credit

Asset

Asset Calculation / Analysis

Asset

Available for Closing is insufficient to cover Cash From Borrower.

Verified liquid assets in the amount of $0 are insufficient to meet cash to close of $XXXXX. File indicates funds from another refinance/transaction were used to cover funds needed to subject, however no documentation is in file to support.

Reviewer Comment (2026-03-06): XXXXX

Seller Comment (2026-03-05): XXXXX

03/06/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38468018

36113940

Compliance

State Compliance

Compliance

90 Day RNY has been discontinued effective XX/XX/XX. Most recent available index value used for bona fide discount point testing.

Reviewer Comment (2026-04-01): XXXXX

Seller Comment (2026-04-01): XXXXX

04/01/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38468018

36116938

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/25/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33628229

35812504

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/17/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31005402

35861548

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/24/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32854948

35829363

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/19/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30974464

35828902

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/19/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37036105

35946084

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/04/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38769460

35919407

Compliance

State Compliance

State Defect

(TX50(a)(6)) Texas Cash-out Loan (Fannie Mae forms not used for closing of home equity loan)

XXXXX Constitution Section 50(a)(6): XXXXX forms not used for closing of home equity loan.

Reviewer Comment (2026-03-05): XXXXX

Reviewer Comment (2026-03-03): XXXXX

Seller Comment (2026-03-02): XXXXX

03/05/2026

Primary

Refinance - Cash-out - Other

The failure to use FNMA Documents does not present a clear remediation path.

Safe Harbor QM (APOR)

[redacted]

38769460

35919440

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: 325

Note Date: ___; Lien Position: ___

Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.

02/27/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38578336

35813984

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/17/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32384230

35814130

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/17/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32384230

35815189

Compliance

Federal Compliance

TRID Defect

TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Verification Of Income Fee. Fee Amount of $52.06 exceeds tolerance of $0.00. $52.06 over legal limit. Insufficient or no cure was provided to the borrower.

Verification Of Income fee was last disclosed as $0.00 on LE but disclosed as $52.06 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $52.06, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-02-25): XXXXX

Seller Comment (2026-02-24): XXXXX

Reviewer Comment (2026-02-23): XXXXX

Seller Comment (2026-02-20): XXXXX

02/25/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

36608539

35918390

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/27/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38680187

35848147

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/23/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38680187

35848161

Credit

Title

General

Title

Title Policy Coverage is less than Original Loan Amount.

The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.

Final Title Policy will be provided as a trailing document.

Final Title Policy will be provided as a trailing document

SitusAMC,Aggregator

Reviewer Comment (2026-10-12): XXXXX

02/23/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31287328

35791062

Compliance

Federal Compliance

TRID Defect

TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $-132.68 exceeds tolerance of $-374.00. Insufficient or no cure was provided to the borrower.

Lender Credits Fee was last disclosed as -$374.00 on LE but disclosed as -$132.68 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file.

Reviewer Comment (2026-02-24): XXXXX

Seller Comment (2026-02-23): XXXXX

Reviewer Comment (2026-02-19): XXXXX

Seller Comment (2026-02-17): XXXXX

02/24/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

31287328

35791080

Credit

Title

General

Title

Title Policy Coverage is less than Original Loan Amount.

The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.

Final Title Policy will be provided as a trailing document.

Final Title Policy will be provided as a trailing document

SitusAMC,Aggregator

Reviewer Comment (2026-10-12): XXXXX

02/13/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31287328

35791081

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/13/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31287328

35791120

Credit

Income / Employment

Income Documentation

Income / Employment

Verification(s) of employment is not within 10 business days of the Note.

The file was missing a copy of the Verification(s) of employment is not within 10 business days of the Note.

Reviewer Comment (2026-03-16): XXXXX

Seller Comment (2026-03-16): XXXXX

Reviewer Comment (2026-02-25): XXXXX

Seller Comment (2026-02-25): XXXXX

Buyer Comment (2026-02-25): XXXXX

Reviewer Comment (2026-02-23): XXXXX

Seller Comment (2026-02-23): XXXXX

Reviewer Comment (2026-02-17): XXXXX

Seller Comment (2026-02-17): XXXXX

03/16/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31287328

35791146

Credit

Income / Employment

Income Documentation

Income / Employment

Income Docs Missing:

The file was missing a copy of the VVOE - Employment Only document.

Reviewer Comment (2026-02-25): XXXXX

Reviewer Comment (2026-02-23): XXXXX

Seller Comment (2026-02-23): XXXXX

Reviewer Comment (2026-02-17): XXXXX

Seller Comment (2026-02-17): XXXXX

02/25/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31287328

35794985

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Risk.

Loan designation failure due to QM failure. This exception will be cleared once all QM specific exceptions have been cured/cleared.

Reviewer Comment (2026-02-25): XXXXX

Seller Comment (2026-02-23): XXXXX

02/25/2026

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

Safe Harbor QM (APOR)

Yes

[redacted]

31287328

35794991

Compliance

Federal Compliance

ATR/QM Defect

Loan does not meet one or more guideline components which could impact the borrower's ability to repay.

General QM: Based on the loan failing one or more guideline components, the loan is at QM risk.

Loan designation failure due to QM failure. This exception will be cleared once all QM specific exceptions have been cured/cleared.

Reviewer Comment (2026-02-25): XXXXX

Seller Comment (2026-02-20): XXXXX

02/25/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38784799

35829663

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/19/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33016138

35836554

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/20/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

32244262

35945896

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: 325

Note Date: ___; Lien Position: ___

Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.

03/04/2026

N/A

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

34810642

35997687

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 325

Note Date: ___; Lien Position: ___

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief.

03/11/2026

N/A

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

33181135

35918364

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/27/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32438171

36176418

Credit

Income / Employment

Income Documentation

Income / Employment

Verification(s) of employment is not within 10 business days of the Note.

Reviewer Comment (2026-04-02): XXXXX

Seller Comment (2026-04-02): XXXXX

04/02/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32438171

36176463

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.

04/01/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32438171

36176614

Credit

Loan Package Documentation

Application / Processing

Missing Document

Missing Document: AUS not provided

1008 shows AUS LP XXXXX should be in file, not found at time of review.

Reviewer Comment (2026-04-02): XXXXX

Seller Comment (2026-04-02): XXXXX

04/02/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30824550

35813565

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/17/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30824550

35813646

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail.

Loan designation failure due to QM failure. This exception will be cleared once all QM specific exceptions have been cured/cleared.

Reviewer Comment (2026-03-30): XXXXX

03/30/2026

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

Safe Harbor QM (APOR)

Yes

[redacted]

30824550

35813647

Compliance

Federal Compliance

ATR/QM Defect

General QM Provision Employment - Schedule C

General QM: Unable to verify current Sole Proprietorship status using reasonably reliable third-party records.

Unable to verify current Sole Proprietorship status using reasonably reliable third-party records. (XXXXX/Schedule C)

Reviewer Comment (2026-03-30): XXXXX

Seller Comment (2026-03-26): XXXXX

03/30/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34051771

35840637

Compliance

State Compliance

Misc. State Level

(TX50(a)(6)) Texas Cash-out Loan (T-42 Endorsement Not Obtained)

Acceptable XXXXX title insurance endorsements not obtained for home equity loan. The loan file does not evidence the Title Policy includes the XXXXX T-42 endorsement or the T-42.1 endorsement.

Reviewer Comment (2026-02-25): XXXXX

Seller Comment (2026-02-24): XXXXX

02/25/2026

Primary

Refinance - Cash-out - Other

The endorsements would be required at the time of original title policy issuance, there is not an obvious remediation

Safe Harbor QM (APOR)

[redacted]

34051771

35840638

Compliance

State Compliance

State Defect

(TX50(a)(6)) Texas Cash-out Loan (Fannie Mae forms not used for closing of home equity loan)

XXXXX Constitution Section 50(a)(6): XXXXX forms not used for closing of home equity loan.

XXXXX forms not used for closing of home equity loan.

Reviewer Comment (2026-02-25): XXXXX

Seller Comment (2026-02-24): XXXXX

02/25/2026

Primary

Refinance - Cash-out - Other

The failure to use FNMA Documents does not present a clear remediation path.

Safe Harbor QM (APOR)

[redacted]

34051771

35840755

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: 325

Note Date: ___; Lien Position: ___

Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.

02/20/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36293288

35830411

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/19/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34553222

35813412

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/17/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34986159

35930598

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/02/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34986159

35930612

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Will Not Have Escrow - Reason

TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XX/XX/XX incorrectly disclosed whether the loan will have an escrow account.

Loan Disclosures: Final Closing Disclosure provided on XX/XX/XX incorrectly disclosed whether the loan will have an escrow account. (Final/XX/XX/XX)

Reviewer Comment (2026-03-04): XXXXX

03/04/2026

Primary

Refinance - Cash-out - Other

Letter of Explanation & Corrected Closing Disclosure

Safe Harbor QM (APOR)

Yes

[redacted]

39201920

35891904

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/26/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38101669

36250396

Compliance

State Compliance

Misc. State Level

Ohio Consumer Sales Practices Act (No Documentation of Tangible Net Benefit Analysis)

XXXXX Consumer Sales Practices Act: Mortgage loan file does not contain documentation of the analysis of the borrower's reasonable tangible net benefit.

Mortgage loan file does not contain documentation of the analysis of the borrower's reasonable tangible net benefit.

Reviewer Comment (2026-04-10): XXXXX

Seller Comment (2026-04-10): XXXXX

04/10/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38101669

36250425

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/09/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39281282

35890751

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/26/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39281282

35890776

Compliance

Federal Compliance

ATR/QM

NonQM ATR

Ability-to-Repay (Dodd-Frank XXXXX): General Ability-to-Repay requirements not satisfied.

ATR failure due to insufficient income documentation. This exception will be cleared once all ATR specific exceptions have been cured/cleared.

Reviewer Comment (2026-03-03): XXXXX

03/03/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39281282

35890785

Compliance

Federal Compliance

ATR/QM Defect

General Ability To Repay Provision Credit History

Ability to Repay (Dodd-Frank XXXXX): Unable to verify debt obligations using reasonably reliable third-party records.

Unable to verify debt obligations using reasonably reliable third-party records.

Reviewer Comment (2026-03-03): XXXXX

03/03/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39281282

35890786

Compliance

Federal Compliance

TRID

TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $335.00 exceeds tolerance of $280.00. Sufficient or excess cure was provided to the borrower at Closing.

Credit Report Fee was last disclosed as $280.00 on LE but disclosed as $335.00 on Final Closing Disclosure. Sufficient or excess cure was provided to the borrower at Closing.

Reviewer Comment (2026-02-24): XXXXX

02/24/2026

Primary

Refinance - Cash-out - Other

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

[redacted]

39281282

35890813

Credit

Credit Documentation

Missing Document

Missing Document: Credit Report not provided

The file was missing a copy of credit report.

Reviewer Comment (2026-03-03): XXXXX

03/03/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39281282

35890884

Compliance

Federal Compliance

ATR/QM Defect

Loan does not meet one or more guideline components which could impact the borrower's ability to repay.

Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk.

Based on the loan failing one or more guideline components, the loan is at ATR risk.

Reviewer Comment (2026-03-03): XXXXX

03/03/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39281282

35891241

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail.

File is missing the Borrowers Credit Report

Reviewer Comment (2026-03-03): XXXXX

03/03/2026

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

Safe Harbor QM (APOR)

Yes

[redacted]

39281282

35891242

Compliance

Federal Compliance

ATR/QM Defect

QM Required Credit Report Not Provided to Evidence Debts

Qualified Mortgage (Dodd-Frank XXXXX): The loan file does not contain a Credit report to evidence the consumers outstanding liabilities.

File is missing the Borrowers Credit Report

Reviewer Comment (2026-03-03): XXXXX

03/03/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39281282

35891243

Compliance

Federal Compliance

ATR/QM Defect

QM Required Credit Report Not Provided to Evidence Debts

Qualified Mortgage (Dodd-Frank XXXXX): The loan file does not contain a Credit report to evidence the consumers outstanding liabilities.

File is missing the Borrowers Credit Report

Reviewer Comment (2026-03-03): XXXXX

03/03/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39281282

35951838

Compliance

Federal Compliance

ATR/QM Defect

Loan does not meet one or more guideline components which could impact the borrower's ability to repay.

General QM: Based on the loan failing one or more guideline components, the loan is at QM risk.

Reviewer Comment (2026-03-03): XXXXX

03/03/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30939043

35965647

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/06/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38777735

35917257

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/27/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

36450113

35945311

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/04/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37310273

35973942

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/09/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37783808

35813279

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/17/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37783808

35813765

Compliance

State Compliance

Misc. State Level

(TX50(a)(6)) Texas Cash-out Loan (The lender/Assignee cannot conclusively rely on the Value on the Acknowledgement of Fair Market Value as the loan file does not contain an Appraisal)

Reviewer Comment (2026-02-25): XXXXX

Reviewer Comment (2026-02-19): XXXXX

Seller Comment (2026-02-18): XXXXX

02/25/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37783808

35813766

Compliance

State Compliance

State Defect

(TX50(a)(6)) Texas Cash-out Loan (Fannie Mae forms not used for closing of home equity loan)

XXXXX Constitution Section 50(a)(6): XXXXX forms not used for closing of home equity loan.

Reviewer Comment (2026-02-25): XXXXX

Reviewer Comment (2026-02-19): XXXXX

Seller Comment (2026-02-18): XXXXX

02/25/2026

Primary

Refinance - Cash-out - Other

The failure to use FNMA Documents does not present a clear remediation path.

Safe Harbor QM (APOR)

[redacted]

31547075

35945244

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/04/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31547075

35945307

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail.

Loan designation failure due to QM failure. This exception will be cleared once all QM specific exceptions have been cured/cleared.

Reviewer Comment (2026-03-17): XXXXX

03/17/2026

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

Safe Harbor QM (APOR)

Yes

[redacted]

31547075

35945308

Compliance

Federal Compliance

ATR/QM Defect

General QM Provision Employment - S-Corp

General QM: Unable to verify current S-Corp status using reasonably reliable third-party records.

The file was missing a copy of the Third-Party Verification document.

Reviewer Comment (2026-03-17): XXXXX

03/17/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31547075

35945309

Compliance

Federal Compliance

ATR/QM Defect

General QM Provision Employment - S-Corp

General QM: Unable to verify current S-Corp status using reasonably reliable third-party records.

The file was missing a copy of the Third-Party Verification document.

Reviewer Comment (2026-03-17): XXXXX

03/17/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31547075

35953868

Compliance

Federal Compliance

ATR/QM Defect

Loan does not meet one or more guideline components which could impact the borrower's ability to repay.

General QM: Based on the loan failing one or more guideline components, the loan is at QM risk.

Based on the loan failing one or more guideline components, the loan is at QM risk.

Reviewer Comment (2026-03-17): XXXXX

03/17/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31547075

35953877

Credit

Income / Employment

Income Documentation

Income / Employment

Income Docs Missing:

Missing verification of existence of business within 60 calendar days of close by third party CPA, regulatory agency, applicable licensing bureau, or verifying phone listing and address for borrower's business using telephone book, internet, or directory assistance. Additionally, tax returns are required to be signed and tax return provided were not signed by the borrowers.

Reviewer Comment (2026-03-17): XXXXX

Seller Comment (2026-03-17): XXXXX

Reviewer Comment (2026-03-12): XXXXX

Seller Comment (2026-03-11): XXXXX

03/17/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32643913

36405170

Credit

Loan Package Documentation

Loan File

Missing Document

Missing Document: Hazard Insurance Policy not provided

File is missing the Master policy

Reviewer Comment (2026-05-13): XXXXX

Seller Comment (2026-05-13): XXXXX

05/13/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38796063

35828208

Compliance

Federal Compliance

TRID Defect

TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $81.75 exceeds tolerance of $56.00. $25.75 over legal limit. Insufficient or no cure was provided to the borrower.

Credit Report Fee was last disclosed as $56.00 on LE but disclosed as $81.75 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $25.75, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-02-26): XXXXX

Seller Comment (2026-02-24): XXXXX

Reviewer Comment (2026-02-23): XXXXX

Seller Comment (2026-02-20): XXXXX

02/26/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

38796063

35828209

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/19/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36030517

35892239

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail.

Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared.

Reviewer Comment (2026-03-23): XXXXX

03/23/2026

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

Safe Harbor QM (APOR)

Yes

[redacted]

36030517

35892240

Compliance

Federal Compliance

ATR/QM Defect

General QM Provision Income and Assets - Schedule C

General QM: Unable to verify Sole Proprietorship income using reasonably reliable third-party records.

File is missing signed and dated 1040 tax return for XXXXX & XXXXX

Reviewer Comment (2026-03-23): XXXXX

Seller Comment (2026-03-19): XXXXX

03/23/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36030517

35892311

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/26/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31784406

35822067

Compliance

Federal Compliance

TRID Defect

TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $200.00 exceeds tolerance of $100.00 plus 10% or $110.00. $90.00 over legal limit. Insufficient or no cure was provided to the borrower.

10% tolerance was exceeded by $90.00 due to increase of recording fee. No valid COC provided, nor evidence of cure in file.

Reviewer Comment (2026-03-02): XXXXX

03/02/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

31784406

35822075

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/18/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38288348

36046210

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/16/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38288348

36046241

Credit

Insurance

Insurance Analysis

Insurance

Insufficient Coverage: Hazard insurance coverage amount is insufficient.

HOI coverage is insufficient by $50,004.80 Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate supporting current coverage amount.

Reviewer Comment (2026-03-27): XXXXX

Seller Comment (2026-03-26): XXXXX

03/27/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37915818

36424691

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/12/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37915818

36424768

Compliance

State Compliance

Misc. State Level

(TX50(a)(6)) Texas Cash-out Loan (The lender/Assignee cannot conclusively rely on the Value on the Acknowledgement of Fair Market Value as the loan file does not contain an Appraisal)

The lender/Assignee cannot conclusively rely on the Value on Acknowledgement of Fair Market Value. A test was performed using a stated value or other valuation method in the file other than an appraisal.

Reviewer Comment (2026-05-21): XXXXX

Reviewer Comment (2026-05-13): XXXXX

Seller Comment (2026-05-13): XXXXX

05/21/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37915818

36424770

Compliance

State Compliance

State Defect

(TX50(a)(6)) Texas Cash-out Loan (Fannie Mae forms not used for closing of home equity loan)

XXXXX Constitution Section 50(a)(6): XXXXX forms not used for closing of home equity loan.

XXXXX forms were not used for the closing of the home equity loan.

Reviewer Comment (2026-05-21): XXXXX

Reviewer Comment (2026-05-13): XXXXX

Seller Comment (2026-05-13): XXXXX

05/21/2026

Primary

Refinance - Cash-out - Other

The failure to use FNMA Documents does not present a clear remediation path.

Safe Harbor QM (APOR)

[redacted]

36519889

35918864

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

Investor to order

02/27/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38602750

35849040

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/23/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38602750

35849044

Credit

Title

Document Error

Title

The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.

Final Title Policy will be provided as a trailing document.

Final Title Policy will be provided as a trailing document

SitusAMC,Aggregator

Reviewer Comment (2026-10-12): XXXXX

02/23/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35451531

35917152

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/27/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36162115

35965216

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/06/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36162115

35965237

Credit

Asset

Asset Calculation / Analysis

Asset

Available for Closing is insufficient to cover Cash From Borrower.

Documented qualifying Assets for Closing of $0.00 is less than Cash From Borrower $XXXXX.

Reviewer Comment (2026-03-09): XXXXX

Seller Comment (2026-03-09): XXXXX

03/09/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36162115

35965242

Compliance

Federal Compliance

TRID

TRID Lender Credit Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $52.06 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing.

Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $52.06 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing.

Reviewer Comment (2026-03-04): XXXXX

03/04/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

Yes

[redacted]

33179428

35841379

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/20/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33179428

35841408

Compliance

Federal Compliance

TRID Defect

TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $0.00 exceeds tolerance of $-63.00. Insufficient or no cure was provided to the borrower.

Lender Credit was last disclosed as -$63.00 on LE but disclosed as $0.00 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include -$63.00, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-02-26): XXXXX

Seller Comment (2026-02-25): XXXXX

02/26/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

35111469

35841197

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/20/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36919562

35841508

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/20/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36919562

35841554

Compliance

Federal Compliance

TRID Defect

TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $243.00 exceeds tolerance of $240.00. $3.00 over legal limit. Insufficient or no cure was provided to the borrower.

Transfer Tax was last disclosed as $240.00 on LE but disclosed as $243.00 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $3.00, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-03-11): XXXXX

Seller Comment (2026-03-09): XXXXX

Reviewer Comment (2026-02-25): XXXXX

Seller Comment (2026-02-24): XXXXX

03/11/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

34642532

35858132

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/24/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36940990

35858499

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/24/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33017159

35838230

Compliance

Federal Compliance

TRID Defect

TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $-234.00 exceeds tolerance of $-287.00. Insufficient or no cure was provided to the borrower.

Appraisal Fee was last disclosed as $-287.00 on LE but disclosed as $-234.00 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $53.00, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-04-10): XXXXX

Seller Comment (2026-04-09): XXXXX

Reviewer Comment (2026-04-03): XXXXX

Seller Comment (2026-04-02): XXXXX

Reviewer Comment (2026-03-11): XXXXX

Seller Comment (2026-03-10): XXXXX

Reviewer Comment (2026-03-10): XXXXX

Seller Comment (2026-03-09): XXXXX

Reviewer Comment (2026-02-26): XXXXX

Seller Comment (2026-02-26): XXXXX

Reviewer Comment (2026-02-24): XXXXX

Seller Comment (2026-02-24): XXXXX

04/10/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Higher Priced QM (APOR)

Yes

[redacted]

33017159

35838232

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/20/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

37719475

36069936

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/18/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30020180

36114455

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/25/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

32001168

36116493

Compliance

State Compliance

State Defect

(TX50(a)(6)) Texas Cash-out Loan (Fannie Mae forms not used for closing of home equity loan)

XXXXX Constitution Section 50(a)(6): XXXXX forms not used for closing of home equity loan.

Reviewer Comment (2026-04-01): XXXXX

Reviewer Comment (2026-03-30): XXXXX

Seller Comment (2026-03-26): XXXXX

04/01/2026

Primary

Refinance - Cash-out - Other

The failure to use FNMA Documents does not present a clear remediation path.

Safe Harbor QM (APOR)

[redacted]

33707762

35838262

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/20/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

33707762

35860221

Compliance

Federal Compliance

Federal HPML

Federal HPML XXXXX Non Compliant

Federal Higher-Priced Mortgage Loan: APR on subject loan of 10.24523% or Final Disclosure APR of XX.XX% is equal to or greater than the threshold of APOR XX.XX% + XX.XX%, or XX.XX%. Non-Compliant Higher Priced Mortgage Loan.

QM requirements not met, once all requirements are met, exception will be updated.

Reviewer Comment (2026-04-07): XXXXX

Seller Comment (2026-04-02): XXXXX

04/07/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

33707762

35860222

Compliance

Federal Compliance

Federal HPML

TIL Higher Priced Mortgage Loan Safe Harbor Test

TILA HPML appraisal Rule (Dodd-Frank XXXXX): Safe Harbor requirements not satisfied.

QM requirements not met, once all requirements are met, exception will be updated.

Reviewer Comment (2026-02-25): XXXXX

02/25/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

33707762

35860223

Compliance

Federal Compliance

Federal HPML

(Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Appraisal - Did Not Physically Visit)

TILA HPML Appraisal Rule (Dodd-Frank XXXXX): Appraisal not performed by a certified or licensed appraiser who conducted a physical visit to the property.

QM requirements not met, once all requirements are met, exception will be updated.

Reviewer Comment (2026-04-07): XXXXX

Seller Comment (2026-04-02): XXXXX

04/07/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

33707762

35860224

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Higher Priced QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail.

QM requirements not met, once all requirements are met, exception will be updated.

Reviewer Comment (2026-03-26): XXXXX

03/26/2026

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

Higher Priced QM (APOR)

Yes

[redacted]

33707762

35860225

Compliance

Federal Compliance

ATR/QM Defect

General QM Provision Employment - Schedule C

General QM: Unable to verify current Sole Proprietorship status using reasonably reliable third-party records.

Third party business verification is not dated and therefore does not meet QM requirements.

Reviewer Comment (2026-03-26): XXXXX

Seller Comment (2026-03-26): XXXXX

03/26/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

33707762

35860233

Credit

Income / Employment

Income Documentation

Income / Employment

Income Docs Missing:

Third party business verification is not dated and therefore cannot be confirmed to meet guideliens.

Reviewer Comment (2026-03-26): XXXXX

Seller Comment (2026-03-26): XXXXX

Reviewer Comment (2026-02-24): XXXXX

Seller Comment (2026-02-23): XXXXX

03/26/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

33707762

35860237

Compliance

Federal Compliance

ATR/QM Defect

Loan does not meet one or more guideline components which could impact the borrower's ability to repay.

General QM: Based on the loan failing one or more guideline components, the loan is at QM risk.

Based on the loan failing one or more guideline components, the loan is at QM risk.

Reviewer Comment (2026-03-26): XXXXX

Seller Comment (2026-03-26): XXXXX

03/26/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

36597019

35837092

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/20/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36597019

35839163

Compliance

State Compliance

State Defect

XXXXX CHL Complaint Agency Disclosure Timing Testing

XXXXX Home Loan: Borrower not provided with a document, at time of application, specifying the agency designated to receive complaints or inquiries about the origination and making of the loan.

Evidence of earlier borrower receipt of disclosure is not in file.

Reviewer Comment (2026-04-01): XXXXX

Seller Comment (2026-03-26): XXXXX

Reviewer Comment (2026-03-24): XXXXX

Seller Comment (2026-03-18): XXXXX

Reviewer Comment (2026-03-11): XXXXX

Seller Comment (2026-03-09): XXXXX

Reviewer Comment (2026-03-05): XXXXX

Seller Comment (2026-02-26): XXXXX

04/01/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36597019

35839165

Compliance

Federal Compliance

TRID Defect

TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Re-Issue Fee. Fee Amount of $12.00 exceeds tolerance of $6.00. $6.00 over legal limit. Insufficient or no cure was provided to the borrower.

Fee Tolerance exceeded for Credit Report Re-Issue Fee. Fee Amount of $12.00 exceeds tolerance of $6.00. $6.00 over legal limit. Insufficient or no cure was provided to the borrower.

Reviewer Comment (2026-03-10): XXXXX

Seller Comment (2026-03-09): XXXXX

Reviewer Comment (2026-02-25): XXXXX

03/10/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

36597019

35839166

Compliance

Federal Compliance

TRID Defect

TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $111.40 exceeds tolerance of $56.00. $55.40 over legal limit. Insufficient or no cure was provided to the borrower.

Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $111.40 exceeds tolerance of $56.00. $55.40 over legal limit. Insufficient or no cure was provided to the borrower.

Reviewer Comment (2026-03-10): XXXXX

Reviewer Comment (2026-03-02): XXXXX

Seller Comment (2026-02-26): XXXXX

Reviewer Comment (2026-02-25): XXXXX

03/10/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

35440791

35803166

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/16/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35440791

35803299

Compliance

Federal Compliance

TRID Defect

TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Mortgage Broker Fee. Fee Amount of $5,723.00 exceeds tolerance of $5,550.00. $173.00 over legal limit. Insufficient or no cure was provided to the borrower.

Mortgage Broker fee was last disclosed as $5,550.00 on LE but disclosed as $5,723.00 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $173.00, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-02-25): XXXXX

Seller Comment (2026-02-23): XXXXX

Reviewer Comment (2026-02-19): XXXXX

Seller Comment (2026-02-18): XXXXX

02/25/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

39799913

35917004

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/27/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

39799913

35917242

Compliance

Federal Compliance

TRID Defect

TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided

Verification of Income Fee was not disclosed on LE but disclosed as $52.0600 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $52.06, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-03-11): XXXXX

Seller Comment (2026-03-10): XXXXX

03/11/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Higher Priced QM (APOR)

Yes

[redacted]

31960315

35968969

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/06/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31960315

35968981

Compliance

Federal Compliance

TRID

TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $81.75 exceeds tolerance of $56.00. Sufficient or excess cure was provided to the borrower at Closing.

Credit Report Fee was last disclosed as $56.00 on LE but disclosed as $81.75 on Final Closing Disclosure. File does contain a cure in file with the amount $26.05 which is sufficient.

Reviewer Comment (2026-03-04): XXXXX

03/04/2026

Primary

Refinance - Cash-out - Other

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

[redacted]

36537526

35857702

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. Missing secondary valuation. CU and LCA results are contradictory. Appraisal was provided. Sec ID: 133

Note Date: ___; Lien Position: ___

Loan is to be securitized. Missing secondary valuation. CU and LCA results are contradictory. Appraisal was provided.

02/24/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36537526

35857718

Credit

Income / Employment

Income Documentation

Income / Employment

Income Docs Missing:

The file was missing a copy of the Award Letter for Public Assistance allowance.

Reviewer Comment (2026-02-26): XXXXX

Seller Comment (2026-02-25): XXXXX

02/26/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36537526

35857758

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Risk.

Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared.

Reviewer Comment (2026-02-26): XXXXX

Seller Comment (2026-02-25): XXXXX

02/26/2026

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

Safe Harbor QM (APOR)

Yes

[redacted]

36537526

35857759

Compliance

Federal Compliance

ATR/QM Defect

Loan does not meet one or more guideline components which could impact the borrower's ability to repay.

General QM: Based on the loan failing one or more guideline components, the loan is at QM risk.

ATR failure due to insufficient income documentation. This exception will be cleared once all ATR specific exceptions have been cured/cleared.

Reviewer Comment (2026-02-26): XXXXX

Seller Comment (2026-02-25): XXXXX

02/26/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36537526

35906917

Credit

Loan Package Documentation

Application / Processing

Loan Package Documentation

Missing Document: Pay History not provided

Credit report reflects only four months of mortgage payments. Guides state the file must contain a mortgage payment history reflecting (0x30x6) no late payments in the past 6 months /(1x30x24) no more than one (1) times 30 days past due in the last 24 months. No additional mortgage history is reported on credit.

Reviewer Comment (2026-03-06): XXXXX

Reviewer Comment (2026-03-04): XXXXX

Seller Comment (2026-03-03): XXXXX

Reviewer Comment (2026-02-26): XXXXX

Seller Comment (2026-02-25): XXXXX

03/06/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35288634

35836467

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/20/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

35498554

36054288

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/16/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37266368

35838197

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/20/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37266368

35841351

Credit

Asset

Asset Calculation / Analysis

Asset

Available for Closing is insufficient to cover Cash From Borrower.

Verified liquid assets in the amount of $0.00 are insufficient to meet cash to close of $XXXXX. Final 1008 reflects $0.00 verified, however, asset is unavailable.

Reviewer Comment (2026-03-02): XXXXX

Seller Comment (2026-02-27): XXXXX

Reviewer Comment (2026-02-24): XXXXX

Seller Comment (2026-02-23): XXXXX

03/02/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39078863

35945989

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/04/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31136335

35917007

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: 325

Note Date: ___; Lien Position: ___

The file is missing a copy of the secondary valuation required for securitization purposes.

02/27/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31136335

35917020

Compliance

State Compliance

State Defect

(TX50(a)(6)) Texas Cash-out Loan (Fannie Mae forms not used for closing of home equity loan)

XXXXX Constitution Section 50(a)(6): XXXXX forms not used for closing of home equity loan.

XXXXX forms not used for closing of home equity loan.

Reviewer Comment (2026-03-05): XXXXX

Seller Comment (2026-03-03): XXXXX

03/05/2026

Primary

Refinance - Cash-out - Other

The failure to use FNMA Documents does not present a clear remediation path.

Safe Harbor QM (APOR)

[redacted]

39218398

35917438

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/27/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35445300

35936361

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/03/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34861602

35918319

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/27/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34332443

35861762

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/24/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

34332443

35861790

Compliance

State Compliance

State HPML

XXXXX HPML Threshold Test Compliant

XXXXX Higher-Priced Mortgage Loan: APR on subject loan of 9.61589% or Final Disclosure APR of XX.XX% is equal to or greater than the threshold of APOR XX.XX% + XX.XX%, or XX.XX% Compliant Higher Priced Loan.

Reviewer Comment (2026-03-05): XXXXX

Seller Comment (2026-03-03): XXXXX

03/05/2026

Primary

Refinance - Cash-out - Other

No obvious cure

Higher Priced QM (APOR)

[redacted]

34332443

35861791

Compliance

State Compliance

Misc. State Level

Massachusetts Mortgage Lender and Broker Regulation (Ability to Repay not Verified)

XXXXX Mortgage Lender and Broker Regulation: File does not contain evidence that analysis of borrower's ability to repay was performed based on verified income, obligations, assets, and/or employment using PITI payment based on fully indexed rate and fully amortizing payment, if applicable

Reviewer Comment (2026-03-05): XXXXX

03/05/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

36807154

35918280

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/27/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32285205

35855954

Compliance

State Compliance

State HPML

(State HPML Disclosure) Maryland Higher-Priced Mortgage Loan (Disclosure of Non-HPML Loans Borrower Qualifies For Not Provided)

XXXXX Higher-Priced Mortgage Loan: Borrower not provided with written disclosure of non-higher priced loans otherwise qualified for.

Borrower not provided with written disclosure of non-higher priced loans otherwise qualified for.

Reviewer Comment (2026-03-05): XXXXX

03/05/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

32285205

35855955

Compliance

State Compliance

State HPML

XXXXX HPML Threshold Test Non-Compliant

XXXXX Higher-Priced Mortgage Loan: APR on subject loan of 9.30418% or Final Disclosure APR of XX.XX% is equal to or greater than the threshold of APOR XX.XX% + XX.XX%, or XX.XX%. Non-Compliant Higher Priced Loan.

APR on subject loan of 9.30418% or Final Disclosure APR of XX.XX% is equal to or greater than the threshold of APOR XX.XX% + XX.XX%, or XX.XX%. Non-Compliant Higher Priced Loan.

Reviewer Comment (2026-03-05): XXXXX

Seller Comment (2026-03-04): XXXXX

Seller Comment (2026-03-03): XXXXX

03/05/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

32285205

35855962

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/24/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

31199375

35916600

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: 325

Note Date: ___; Lien Position: ___

Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.

02/27/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31199375

35916645

Compliance

State Compliance

State Defect

(TX50(a)(6)) Texas Cash-out Loan (Fannie Mae forms not used for closing of home equity loan)

XXXXX Constitution Section 50(a)(6): XXXXX forms not used for closing of home equity loan.

XXXXX forms not used for closing of home equity loan.

Reviewer Comment (2026-03-05): XXXXX

Reviewer Comment (2026-03-04): XXXXX

Seller Comment (2026-03-02): XXXXX

03/05/2026

Primary

Refinance - Cash-out - Other

The failure to use FNMA Documents does not present a clear remediation path.

Safe Harbor QM (APOR)

[redacted]

33194059

35917097

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/27/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32368731

36072841

Credit

Title

Document Error

Title

The Commitment or Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.

Title Evidence: ___;

State: ___

Final Title Policy will be provided as a trailing document.

Final Title Policy will be provided as a trailing document

SitusAMC,Aggregator

Reviewer Comment (2026-10-12): XXXXX

03/18/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32368731

36072845

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 325

Note Date: ___; Lien Position: ___

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief.

03/18/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30372127

36054281

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/17/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33956629

35945529

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: 325

Note Date: ___; Lien Position: ___

Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.

03/04/2026

N/A

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

33956629

35945560

Compliance

State Compliance

Misc. State Level

(TX50(a)(6)) Texas Cash-out Loan (T-42 Endorsement Not Obtained)

Reviewer Comment (2026-03-11): XXXXX

Seller Comment (2026-03-11): XXXXX

03/11/2026

Primary

Refinance - Cash-out - Other

The endorsements would be required at the time of original title policy issuance, there is not an obvious remediation

Higher Priced QM (APOR)

[redacted]

33956629

35945561

Compliance

State Compliance

State Defect

(TX50(a)(6)) Texas Cash-out Loan (Fannie Mae forms not used for closing of home equity loan)

XXXXX Constitution Section 50(a)(6): XXXXX forms not used for closing of home equity loan.

Reviewer Comment (2026-03-11): XXXXX

Seller Comment (2026-03-11): XXXXX

03/11/2026

Primary

Refinance - Cash-out - Other

The failure to use FNMA Documents does not present a clear remediation path.

Higher Priced QM (APOR)

[redacted]

33910732

35998530

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 325

Note Date: ___; Lien Position: ___

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief.

03/11/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33910732

35998912

Compliance

State Compliance

State Defect

(TX50(a)(6)) Texas Cash-out Loan (Fannie Mae forms not used for closing of home equity loan)

XXXXX Constitution Section 50(a)(6): XXXXX forms not used for closing of home equity loan.

Reviewer Comment (2026-03-19): XXXXX

Reviewer Comment (2026-03-16): XXXXX

Seller Comment (2026-03-16): XXXXX

03/19/2026

Primary

Refinance - Cash-out - Other

The failure to use FNMA Documents does not present a clear remediation path.

Safe Harbor QM (APOR)

[redacted]

35088700

35920623

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/27/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35088700

35920657

Compliance

Federal Compliance

TRID

TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing

Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $81.75 exceeds tolerance of $56.00. Sufficient or excess cure was provided to the borrower at Closing.

Reviewer Comment (2026-02-25): XXXXX

02/25/2026

Primary

Refinance - Cash-out - Other

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

[redacted]

36138924

35945208

Compliance

State Compliance

Misc. State Level

(TX50(a)(6)) Texas Cash-out Loan (T-42 Endorsement Not Obtained)

Reviewer Comment (2026-03-11): XXXXX

Seller Comment (2026-03-08): XXXXX

03/11/2026

Primary

Refinance - Cash-out - Other

The endorsements would be required at the time of original title policy issuance, there is not an obvious remediation

Safe Harbor QM (APOR)

[redacted]

36138924

35945209

Compliance

State Compliance

State Defect

(TX50(a)(6)) Texas Cash-out Loan (Fannie Mae forms not used for closing of home equity loan)

XXXXX Constitution Section 50(a)(6): XXXXX forms not used for closing of home equity loan.

XXXXX forms not used for closing of home equity loan.

Reviewer Comment (2026-03-11): XXXXX

Seller Comment (2026-03-08): XXXXX

03/11/2026

Primary

Refinance - Cash-out - Other

The failure to use FNMA Documents does not present a clear remediation path.

Safe Harbor QM (APOR)

[redacted]

36138924

35945238

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: 325

Note Date: ___; Lien Position: ___

Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.

03/04/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33864947

36214681

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/06/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33864947

36214710

Compliance

State Compliance

Misc. State Level

(TX50(a)(6)) Texas Cash-out Loan (The lender/Assignee cannot conclusively rely on the Value on the Acknowledgement of Fair Market Value as the loan file does not contain an Appraisal)

The lender/Assignee cannot conclusively rely on the Value on Acknowledgement of Fair Market Value. Test performed using stated value or other valuation method in file other than appraisal.

Reviewer Comment (2026-04-08): XXXXX

Seller Comment (2026-04-08): XXXXX

04/08/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33864947

36214711

Compliance

State Compliance

State Defect

(TX50(a)(6)) Texas Cash-out Loan (Fannie Mae forms not used for closing of home equity loan)

XXXXX Constitution Section 50(a)(6): XXXXX forms not used for closing of home equity loan.

XXXXX forms not used for closing of home equity loan.

Reviewer Comment (2026-04-08): XXXXX

Seller Comment (2026-04-08): XXXXX

04/08/2026

Primary

Refinance - Cash-out - Other

The failure to use FNMA Documents does not present a clear remediation path.

Safe Harbor QM (APOR)

[redacted]

36861109

35841170

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/20/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36861109

35841431

Compliance

State Compliance

Misc. State Level

(TX50(a)(6)) Texas Cash-out Loan (The lender/Assignee cannot conclusively rely on the Value on the Acknowledgement of Fair Market Value as the loan file does not contain an Appraisal)

The lender/Assignee cannot conclusively rely on the Value on Acknowledgement of Fair Market Value. Test performed using stated value or other valuation method in file other than appraisal.

Reviewer Comment (2026-02-25): XXXXX

Reviewer Comment (2026-02-23): XXXXX

Seller Comment (2026-02-23): XXXXX

02/25/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36861109

35841432

Compliance

State Compliance

State Defect

(TX50(a)(6)) Texas Cash-out Loan (Fannie Mae forms not used for closing of home equity loan)

XXXXX Constitution Section 50(a)(6): XXXXX forms not used for closing of home equity loan.

XXXXX forms not used for closing of home equity loan.

Reviewer Comment (2026-02-25): XXXXX

Reviewer Comment (2026-02-23): XXXXX

Seller Comment (2026-02-23): XXXXX

02/25/2026

Primary

Refinance - Cash-out - Other

The failure to use FNMA Documents does not present a clear remediation path.

Safe Harbor QM (APOR)

[redacted]

33797034

36230912

Compliance

Federal Compliance

TRID

TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Courier / Express Mail / Messenger Fee. Fee Amount of $50.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing.

Zero Percent Fee Tolerance exceeded for Title - Courier / Express Mail / Messenger Fee. Fee Amount of $50.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing in the amount of $585.00.

Reviewer Comment (2026-04-03): XXXXX

04/03/2026

Primary

Refinance - Cash-out - Other

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

[redacted]

33797034

36230913

Compliance

Federal Compliance

TRID

TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Electronic Document Delivery Fee. Fee Amount of $10.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing.

Zero Percent Fee Tolerance exceeded for Title - Electronic Document Delivery Fee. Fee Amount of $10.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing in the amount of $585.00.

Reviewer Comment (2026-04-03): XXXXX

04/03/2026

Primary

Refinance - Cash-out - Other

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

[redacted]

33797034

36230914

Compliance

Federal Compliance

TRID

TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Recording Service Fee. Fee Amount of $75.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing.

Zero Percent Fee Tolerance exceeded for Title - Recording Service Fee. Fee Amount of $75.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing in the amount of $585.00.

Reviewer Comment (2026-04-03): XXXXX

04/03/2026

Primary

Refinance - Cash-out - Other

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

[redacted]

33797034

36230915

Compliance

Federal Compliance

TRID

TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Service Charges. Fee Amount of $450.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing.

Zero Percent Fee Tolerance exceeded for Title - Service Charges. Fee Amount of $450.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing in the amount of $585.00.

Reviewer Comment (2026-04-03): XXXXX

04/03/2026

Primary

Refinance - Cash-out - Other

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

[redacted]

36156844

36157997

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/30/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32669995

35990128

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/10/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32669995

35990140

Credit

Title

Document Error

Title

The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.

Final Title Policy will be provided as a trailing document.

Final Title Policy will be provided as a trailing document

SitusAMC,Aggregator

Reviewer Comment (2026-10-12): XXXXX

03/10/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36567977

35822659

Credit

Title

Document Error

Title

The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.

Final Title Policy will be provided as a trailing document.

Final Title Policy will be provided as a trailing document

SitusAMC,Aggregator

Reviewer Comment (2026-10-12): XXXXX

02/18/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36567977

35822661

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/18/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36567977

35822679

Compliance

Federal Compliance

TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form

TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date

Truth in Lending Act: Subject loan transaction disbursed on XX/XX/XX, prior to three (3) business days from transaction date of XX/XX/XX.

Loan was disbursed prior to midnight of third business day after consummation. Lender to re-open recission, provide copy of new right to cancel form, copy of letter of explanation sent to borrower, and proof of delivery. Note: This exception will not be cleared until expiration of new recission period.

Reviewer Comment (2026-03-05): XXXXX

Seller Comment (2026-03-02): XXXXX

Reviewer Comment (2026-02-26): XXXXX

Seller Comment (2026-02-24): XXXXX

03/05/2026

Primary

Refinance - Cash-out - Other

TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form

Safe Harbor QM (APOR)

Yes

[redacted]

33858902

35967027

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/06/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35031362

36072122

Credit

Title

General

Title

Title Policy Coverage is less than Original Loan Amount.

The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.

Final Title Policy will be provided as a trailing document.

Final Title Policy will be provided as a trailing document

SitusAMC,Aggregator

Reviewer Comment (2026-10-12): XXXXX

03/18/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35031362

36072129

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 325

Note Date: ___; Lien Position: ___

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief.

03/18/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32093242

36007950

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 325

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief.

Reviewer Comment (2026-03-09): XXXXX

03/09/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36288448

36381270

Credit

Hazard Insurance

Insufficient Coverage

Hazard Insurance

The Hazard Insurance Policy effective date is after the funds disbursed.

The Hazard Insurance Policy Effective Date is after the later of the disbursement, note or transaction date.

Reviewer Comment (2026-05-13): XXXXX

05/13/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36288448

36381275

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/05/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38557026

35938430

Credit

Insurance

Insurance Analysis

Insurance

Insufficient Coverage: Hazard insurance coverage amount is insufficient.

HOI coverage is insufficient by $35,338.40. Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate supporting current coverage amount.

Reviewer Comment (2026-03-09): XXXXX

Seller Comment (2026-03-06): XXXXX

03/09/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38557026

35938435

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/03/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39990605

35948958

Compliance

Federal Compliance

TRID Defect

TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Flood Certification (Life Of Loan). Fee Amount of $6.50 exceeds tolerance of $0.00. $6.50 over legal limit. Insufficient or no cure was provided to the borrower.

Flood Certification (Life Of Loan) was last disclosed as $0.00 on LE but disclosed as $6.50 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $6.50, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-03-10): XXXXX

03/10/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

39990605

35948966

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/04/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32243019

36015375

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/12/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30077844

36035004

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/13/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30077844

36035014

Credit

Insurance

Insurance Analysis

Insurance

Insufficient Coverage: Hazard insurance coverage amount is insufficient.

HOI coverage is insufficient by $65,600.00. Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate supporting current coverage amount.

Reviewer Comment (2026-03-18): XXXXX

Seller Comment (2026-03-17): XXXXX

03/18/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34457798

35966656

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/06/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34457798

35966677

Credit

Insurance

Insurance Analysis

Insurance

Insufficient Coverage: Hazard insurance coverage amount is insufficient.

HOI coverage is insufficient by $97,455.20. Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate supporting current coverage amount.

Reviewer Comment (2026-03-11): XXXXX

Reviewer Comment (2026-03-09): XXXXX

03/11/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34457798

35967375

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail.

Loan designation failure due to QM failure. This exception will be cleared once all QM specific exceptions have been cured/cleared.

Reviewer Comment (2026-03-11): XXXXX

03/11/2026

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

Safe Harbor QM (APOR)

Yes

[redacted]

34457798

35967376

Compliance

Federal Compliance

ATR/QM Defect

QM Points and Fees XXXXX

Qualified Mortgage (Dodd Frank XXXXX): Points and Fees on subject loan of 3.65016% is in excess of the allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total $XXX on a Federal Total Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $XXX or .65016%).

QM Points and Fees threshold exceeded by $1,468.75 or .65016%. Loan was consummated after XX/XX/XX. For loans consummated after this date, there is no longer any cure mechanism available for QM points and fees violations. The Undiscounted Interest Rate Price was not provided on the compliance report.

Reviewer Comment (2026-03-11): XXXXX

03/11/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33540287

35945372

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/04/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33122232

35966991

Compliance

Federal Compliance

TRID Defect

TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $128.00 exceeds tolerance of $123.00. $5.00 over legal limit. Insufficient or no cure was provided to the borrower.

Credit Report Fee was last disclosed as $123.00 on LE but disclosed as $128.00 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $5.00, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-03-25): XXXXX

Seller Comment (2026-03-24): XXXXX

03/25/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

33122232

35966994

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/06/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33973131

36013295

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail.

Loan designation failure due to QM failure. This exception will be cleared once all QM specific exceptions have been cured/cleared.

Reviewer Comment (2026-03-18): XXXXX

Seller Comment (2026-03-17): XXXXX

03/18/2026

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

Safe Harbor QM (APOR)

Yes

[redacted]

33973131

36013296

Compliance

Federal Compliance

ATR/QM Defect

QM Points and Fees XXXXX

Qualified Mortgage (Dodd Frank XXXXX): Points and Fees on subject loan of 3.19366% is in excess of the allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total $XXX on a Federal Total Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $XXX or .19366%).

QM Points and Fees threshold exceeded by $XXX or .19366%. Loan was consummated after XX/XX/XX. For loans consummated after this date, there is no longer any cure mechanism available for QM points and fees violations. The Undiscounted Interest Rate Price was not provided on the compliance report.

Reviewer Comment (2026-03-18): XXXXX

03/18/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33973131

36013298

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/12/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32664511

36286467

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/17/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32664511

36286588

Compliance

State Compliance

State Defect

XXXXX SB 1894

XXXXX (SB 1894) - Certificate of Compliance or Exemption not attached to mortgage for recording.

Reviewer Comment (2026-04-20): XXXXX

04/20/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32664511

36311060

Compliance

Federal Compliance

TRID

TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $1,251.00 exceeds tolerance of $723.00 plus 10% or $795.30. Sufficient or excess cure was provided to the borrower at Closing.

Reviewer Comment (2026-04-20): XXXXX

04/20/2026

Primary

Refinance - Cash-out - Other

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

[redacted]

37428423

35936074

Compliance

Federal Compliance

TRID Defect

TRID Initial Closing Disclosure Timing without Waiver Test

TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing.

Evidence of earlier borrower receipt was not found in file.

Reviewer Comment (2026-03-04): XXXXX

Seller Comment (2026-03-04): XXXXX

03/04/2026

Primary

Refinance - Cash-out - Other

No Defined Cure

Higher Priced QM (APOR)

[redacted]

37428423

35936080

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/03/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

31568500

35919462

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/27/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37336344

35935972

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/03/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31132508

35943625

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/04/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36621546

35916793

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/27/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36621546

35921883

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Higher Priced QM (APOR) does not match Due Diligence Loan Designation of Safe Harbor QM (APOR).

Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared.

Reviewer Comment (2026-03-18): XXXXX

Seller Comment (2026-03-17): XXXXX

Reviewer Comment (2026-03-13): XXXXX

Seller Comment (2026-03-11): XXXXX

03/18/2026

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

Safe Harbor QM (APOR)

Yes

[redacted]

39061393

35917144

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/27/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37042679

35916671

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/27/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

31014255

35917498

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/27/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

33020643

35936323

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/03/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38239956

35919719

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/27/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33374848

35917059

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/27/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34732464

36119182

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/25/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34732464

36119205

Credit

Documents

Missing Document

Documents

File does not contain documentation from lender/seller confirming the condo is warrantable.

Reviewer Comment (2026-03-26): XXXXX

Seller Comment (2026-03-26): XXXXX

03/26/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33653436

35965361

Compliance

Federal Compliance

TRID Defect

TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $1,303.00 exceeds tolerance of $1,138.00 plus 10% or $1,251.80. $51.20 over legal limit. Insufficient or no cure was provided to the borrower.

10% tolerance was exceeded by $51.20 due to increase of Title - Service Charge. No valid COC provided, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $51.20, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-03-16): XXXXX

Seller Comment (2026-03-13): XXXXX

03/16/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Higher Priced QM (APOR)

Yes

[redacted]

33653436

35965372

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. Missing secondary valuation. CU and LCA results are contradictory. Appraisal was provided. Sec ID: 133

Note Date: ___; Lien Position: ___

Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.

03/06/2026

N/A

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

32017322

36047970

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/16/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

36976063

35935867

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/03/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36976063

35937808

Compliance

State Compliance

State Defect

XXXXX SB 1894

XXXXX (SB 1894) - Certificate of Compliance or Exemption not attached to mortgage for recording.

Reviewer Comment (2026-03-12): XXXXX

Seller Comment (2026-03-10): XXXXX

03/12/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33939374

35959005

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/05/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34422098

35920729

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/27/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34422098

35920793

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Amount Financed Test

TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of $XXX is over disclosed by $86.00 compared to the calculated Amount Financed of $XXX and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate (fee amounts included in Amount Financed and Finance Charge calculations are based on Closing Disclosure dated XX/XX/XX).

Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of $XXX is over disclosed by $86.00 compared to the calculated Amount Financed of $XXX and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate (fee amounts included in Amount Financed and Finance Charge calculations are based on Closing Disclosure dated XX/XX/XX). Due to Tax Registration fee (system label: Tax Certificate fee).

Reviewer Comment (2026-03-19): XXXXX

Reviewer Comment (2026-03-16): XXXXX

Reviewer Comment (2026-03-11): XXXXX

03/19/2026

Primary

Refinance - Cash-out - Other

TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions)

Safe Harbor QM (APOR)

Yes

[redacted]

34422098

35920794

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Finance Charge

TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of $XXX is under disclosed by $86.00 compared to the calculated Finance Charge of $XXX which exceeds the $35.00 threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XX/XX/XX).

Finance Charge disclosed is $XXX. Calculated finance charge is $XXX. Variance of $86.00. Based on review of Lender's compliance report, Tax Registration fee was not included in finance charge calculation. TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for under disclosed amount, Corrected CD, and Re-open Rescission if Applicable. Due to Tax Registration fee (system label: Tax Certificate fee).

Reviewer Comment (2026-03-19): XXXXX

03/19/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

Yes

[redacted]

32632875

35966900

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/06/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34894712

35946832

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/04/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30644091

35996936

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/11/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34561328

35937265

Compliance

Federal Compliance

TRID Defect

TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $169.00 exceeds tolerance of $150.00. $19.00 over legal limit. Insufficient or no cure was provided to the borrower.

Credit Report Fee was last disclosed as $150.00 on LE but disclosed as $169.00 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $19.00, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-03-17): XXXXX

Seller Comment (2026-03-16): XXXXX

03/17/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

34561328

35937302

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/03/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30231103

36035696

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/13/2026

Primary

Refinance - Rate/Term

Safe Harbor QM (APOR)

[redacted]

30231103

36036526

Compliance

Federal Compliance

RESPA

RESPA - Initial Escrow Account Statement Missing

RESPA: Initial escrow account statement was not provided to the borrower.

Reviewer Comment (2026-03-19): XXXXX

03/19/2026

Primary

Refinance - Rate/Term

Safe Harbor QM (APOR)

[redacted]

30231103

36036528

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Homeowners Insurance Included In Escrow Test

TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on XX/XX/XX incorrectly disclosed whether Homeowners Insurance is included in escrow.

Reviewer Comment (2026-03-18): XXXXX

03/18/2026

Primary

Refinance - Rate/Term

TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable

Safe Harbor QM (APOR)

Yes

[redacted]

30231103

36036529

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Property Costs Year 1 Underdisclosed - XXXXX

TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of on Final Closing Disclosure provided on XX/XX/XX are underdisclosed

Reviewer Comment (2026-03-17): XXXXX

03/17/2026

Primary

Refinance - Rate/Term

Letter of Explanation & Corrected Closing Disclosure

Safe Harbor QM (APOR)

Yes

[redacted]

30231103

36036537

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Property Taxes Included In Escrow

TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on XX/XX/XX incorrectly disclosed whether property taxes are included in escrow.

Final Closing Disclosure provided on XX/XX/XX incorrectly disclosed whether property taxes are included in escrow.

Reviewer Comment (2026-03-18): XXXXX

03/18/2026

Primary

Refinance - Rate/Term

TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable

Safe Harbor QM (APOR)

Yes

[redacted]

30231103

36036538

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Will Have Escrow Account

TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XX/XX/XX incorrectly disclosed whether the loan will have an escrow account.

Final Closing Disclosure provided on XX/XX/XX incorrectly disclosed whether the loan will have an escrow account.

Reviewer Comment (2026-03-17): XXXXX

03/17/2026

Primary

Refinance - Rate/Term

Letter of Explanation & Corrected Closing Disclosure

Safe Harbor QM (APOR)

Yes

[redacted]

30231103

36036539

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Will Not Have Escrow Account

TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XX/XX/XX incorrectly disclosed whether the loan will have an escrow account.

Final Closing Disclosure provided on XX/XX/XX incorrectly disclosed whether the loan will have an escrow account.

Reviewer Comment (2026-03-17): XXXXX

03/17/2026

Primary

Refinance - Rate/Term

Letter of Explanation & Corrected Closing Disclosure

Safe Harbor QM (APOR)

Yes

[redacted]

36756020

36065558

Credit

Title

Document Error

Title

The Commitment or Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.

Title Evidence: ___;

State: ___

Final Title Policy will be provided as a trailing document.

Final Title Policy will be provided as a trailing document

SitusAMC,Aggregator

Reviewer Comment (2026-10-12): XXXXX

03/17/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36756020

36065559

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 325

Note Date: ___; Lien Position: ___

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief.

03/17/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36756020

36071728

Compliance

Federal Compliance

TRID

TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $625.00 exceeds tolerance of $495.00. Sufficient or excess cure was provided to the borrower at Closing.

Reviewer Comment (2026-03-16): XXXXX

03/16/2026

Primary

Refinance - Cash-out - Other

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

[redacted]

36269841

35892731

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/26/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36269841

35892751

Credit

Title

General

Title

Title Policy Coverage is less than Original Loan Amount.

The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.

Final Title Policy will be provided as a trailing document.

Final Title Policy will be provided as a trailing document

SitusAMC,Aggregator

Reviewer Comment (2026-10-12): XXXXX

02/26/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38030120

35934431

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/03/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32021967

35943375

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/04/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37562327

35967377

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/06/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33640322

36053363

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/16/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37916521

35935072

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/03/2026

Second Home

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

30987201

35997597

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/11/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36191738

35972963

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/09/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36191738

35973027

Compliance

Federal Compliance

TRID

TRID Ten Percent Tolerance Violation With Sufficient Cure - 1026.19(f)(2) Cure

TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $361.00 exceeds tolerance of $325.00 plus 10% or $357.50. Sufficient or excess cure was provided to the borrower.

Ten Percent Fee Tolerance exceeded. Total amount of $361.00 exceeds tolerance of $325.00 plus 10% or $357.50. Sufficient or excess cure was provided to the borrower.

Reviewer Comment (2026-03-05): XXXXX

03/05/2026

Primary

Refinance - Cash-out - Other

Provide the following: Letter of Explanation notifying borrower or error, Copy of Refund Check/Evidence of Principal Reduction, Corrected CD, and Proof of Delivery (if refund is over $35)

Safe Harbor QM (APOR)

Yes

[redacted]

36082895

35999568

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/11/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34454903

35948022

Credit

Title

Document Error

Title

The Preliminary/Commitment does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.

Reviewer Comment (2026-03-05): XXXXX

Seller Comment (2026-03-05): XXXXX

03/05/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34454903

35948025

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/04/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34454903

35948030

Credit

Income / Employment

Income Documentation

Income / Employment

Income Docs Missing:

A recent paystub is missing from the file.

Reviewer Comment (2026-03-05): XXXXX

Seller Comment (2026-03-05): XXXXX

03/05/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34454903

35948194

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Risk.

Loan designation failure due to QM failure. This exception will be cleared once all QM specific exceptions have been cured/cleared.

Reviewer Comment (2026-03-05): XXXXX

03/05/2026

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

Safe Harbor QM (APOR)

Yes

[redacted]

34454903

35948195

Compliance

Federal Compliance

ATR/QM Defect

Loan does not meet one or more guideline components which could impact the borrower's ability to repay.

General QM: Based on the loan failing one or more guideline components, the loan is at QM risk.

Based on the loan failing the income guideline components, the loan is at QM risk.

Reviewer Comment (2026-03-05): XXXXX

03/05/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35349273

35891356

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

02/27/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35349273

35891362

Credit

Loan Package Documentation

Application / Processing

Loan Package Documentation

FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.

Reviewer Comment (2026-03-06): XXXXX

03/06/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39846378

36090748

Credit

Title

Document Error

Title

The Commitment or Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.

Title Evidence: ___;

State: ___

Final Title Policy will be provided as a trailing document.

Final Title Policy will be provided as a trailing document

SitusAMC,Aggregator

Reviewer Comment (2026-10-12): XXXXX

03/20/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39846378

36090752

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/20/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39846378

36091237

Compliance

Federal Compliance

TRID Defect

TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $1,550.00 exceeds tolerance of $1,369.00 plus 10% or $1,505.90. $44.10 over legal limit. Insufficient or no cure was provided to the borrower.

10% tolerance was exceeded by $44.10 due to increase of title fees. No valid COC provided, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $44.10, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-04-03): XXXXX

Seller Comment (2026-04-02): XXXXX

Reviewer Comment (2026-03-30): XXXXX

Seller Comment (2026-03-26): XXXXX

04/03/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

34440836

35945852

Credit

Title

Document Error

Title

The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.

Final Title Policy will be provided as a trailing document.

Final Title Policy will be provided as a trailing document

SitusAMC,Aggregator

Reviewer Comment (2026-10-12): XXXXX

03/04/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34440836

35945858

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/04/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31805640

35967144

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/06/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35685587

36057778

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 325

Note Date: ___; Lien Position: ___

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief.

03/17/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35685587

36057812

Compliance

State Compliance

State Defect

(TX50(a)(6)) Texas Cash-out Loan (Fannie Mae forms not used for closing of home equity loan)

XXXXX Constitution Section 50(a)(6): XXXXX forms not used for closing of home equity loan.

XXXXX forms not used for closing of home equity loan

Reviewer Comment (2026-03-25): XXXXX

Reviewer Comment (2026-03-18): XXXXX

Seller Comment (2026-03-18): XXXXX

03/25/2026

Primary

Refinance - Cash-out - Other

The failure to use FNMA Documents does not present a clear remediation path.

Safe Harbor QM (APOR)

[redacted]

38251475

36156155

Compliance

Federal Compliance

TRID Defect

TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Lender's Title Insurance. Fee Amount of $212.60 exceeds tolerance of $0.00. $212.60 over legal limit. Insufficient or no cure was provided to the borrower.

Title - Lender's Title Insurance Fee was last disclosed as $0.00 on LE but disclosed as $212.60 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $212.60, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-04-07): XXXXX

Reviewer Comment (2026-04-03): XXXXX

Reviewer Comment (2026-04-01): XXXXX

04/07/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

35301229

36053772

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/17/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

38067236

35967580

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/06/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30016894

36053706

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/17/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31474497

36146570

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/27/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39129147

36017044

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/12/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39129147

36017065

Credit

Title

Document Error

Title

The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.

Final Title Policy will be provided as a trailing document.

Final Title Policy will be provided as a trailing document

SitusAMC,Aggregator

Reviewer Comment (2026-10-12): XXXXX

03/12/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39129147

36017089

Compliance

Federal Compliance

TRID

TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $142.83 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing.

Credit Report Fee. Fee was last disclosed as $00.00 on LE but disclosed as $142.83 on Final Closing Disclosure. File does not contain a valid COC for this fee, sufficient or excess cure was provided to the borrower at Closing.

Reviewer Comment (2026-03-10): XXXXX

03/10/2026

Primary

Refinance - Cash-out - Other

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

[redacted]

30175495

36116505

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. Appraisal was provided. No secondary valuation was provided. Sec ID: 122

The file is missing a copy of the secondary valuation required for securitization purposes.

Reviewer Comment (2026-03-31): XXXXX

Seller Comment (2026-03-30): XXXXX

03/31/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30175495

36162848

Credit

Miscellaneous

Guideline

Credit Exception:

Missing Secondary Valuation required by guidelines. Per guidelines LCA or CU Score <= 2.5 is acceptable. CU score provided in file is 2.6.

Reviewer Comment (2026-03-31): XXXXX

03/31/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37598315

35965147

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/06/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

34247670

36049498

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/16/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

37033261

36045721

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/16/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36077691

35966806

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/06/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32190633

36146409

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/27/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

36577384

35790774

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Principal and Interest

TILA-RESPA Integrated Disclosure - Loan Terms: Final Closing Disclosure provided on XX/XX/XX disclosed a Principal and Interest Payment that does not match the actual payment for the loan.

Final Closing Disclosure provided on XX/XX/XX disclosed a Principal and Interest Payment that does not match the actual payment for the loan. (Final/XX/XX/XX)

Reviewer Comment (2026-02-24): XXXXX

Seller Comment (2026-02-23): XXXXX

Reviewer Comment (2026-02-19): XXXXX

Seller Comment (2026-02-18): XXXXX

02/24/2026

Primary

Refinance - Cash-out - Other

TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable

Safe Harbor QM (APOR)

Yes

[redacted]

36577384

35790775

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Projected P&I Payment Min Payment Fixed Rate Initial Payment

TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on XX/XX/XX disclosed a periodic principal and interest payment for payment stream 1 that does not match the actual payment for the loan.

Final Closing Disclosure provided on XX/XX/XX disclosed a periodic principal and interest payment for payment stream 1 that does not match the actual payment for the loan.

Reviewer Comment (2026-02-24): XXXXX

02/24/2026

Primary

Refinance - Cash-out - Other

TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions)

Safe Harbor QM (APOR)

Yes

[redacted]

36577384

35790776

Compliance

Federal Compliance

TRID

TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $800.00 exceeds tolerance of $775.00. Sufficient or excess cure was provided to the borrower at Closing.

Appraisal Fee was last disclosed as $775.00 on LE but disclosed as $800.00 on Final Closing Disclosure. Sufficient or excess cure was provided to the borrower at Closing.

Reviewer Comment (2026-02-11): XXXXX

02/11/2026

Primary

Refinance - Cash-out - Other

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

[redacted]

36574528

36082713

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/19/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35311163

36156180

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/31/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38995712

36115705

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/26/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38995712

36115723

Compliance

Federal Compliance

TRID Defect

TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $-344.25 exceeds tolerance of $-578.00. Insufficient or no cure was provided to the borrower.

Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $-344.25 exceeds tolerance of $-578.00. Insufficient or no cure was provided to the borrower.

Reviewer Comment (2026-04-03): XXXXX

Seller Comment (2026-04-02): XXXXX

04/03/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

30568204

35998068

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/11/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31616755

36090301

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/20/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37638219

36047337

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/16/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36894224

35967337

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/06/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31860684

36117226

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/26/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31860684

36117282

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail.

Loan designation failure due to QM failure. This exception will be cleared once all QM specific exceptions have been cured/cleared.

Reviewer Comment (2026-04-16): XXXXX

04/16/2026

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

Safe Harbor QM (APOR)

Yes

[redacted]

31860684

36117283

Compliance

Federal Compliance

ATR/QM Defect

QM Points and Fees XXXXX

Qualified Mortgage (Dodd Frank XXXXX): Points and Fees on subject loan of 3.36796% is in excess of the allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total $XXX on a Federal Total Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $XXX or .36796%).

QM Points and Fees threshold exceeded by $XXX or .42365%. Loan was consummated after XX/XX/XX. For loans consummated after this date, there is no longer any cure mechanism available for QM points and fees violations.

Reviewer Comment (2026-04-16): XXXXX

Reviewer Comment (2026-04-07): XXXXX

Seller Comment (2026-04-07): XXXXX

Reviewer Comment (2026-04-03): XXXXX

04/16/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31860684

36117284

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Total Of Payments

TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an inaccurate Total of Payments on page 5 that does not match the actual total of payments for the loan (fee amounts included in TOP calculation are based on Closing Disclosure dated XX/XX/XX). The disclosed Total of Payments in the amount of $XXX is under disclosed by $93.75 compared to the calculated total of payments of $XXX which exceeds the $35.00 threshold.

Final Closing Disclosure provided on XX/XX/XX disclosed an inaccurate Total of Payments on page 5 that does not match the actual total of payments for the loan (fee amounts included in TOP calculation are based on Closing Disclosure dated XX/XX/XX). The disclosed Total of Payments in the amount of $XXX is under disclosed by $93.75 compared to the calculated total of payments of $XXX which exceeds the $35.00 threshold.

Reviewer Comment (2026-04-03): XXXXX

04/03/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

Yes

[redacted]

31860684

36117285

Compliance

Federal Compliance

TRID Defect

TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $1,805.63 exceeds tolerance of $1,676.00. $129.63 over legal limit. Insufficient or no cure was provided to the borrower.

Loan Discount Points was last disclosed as $1,676.00 on LE but disclosed as $1,805.63.00 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $129.63, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-04-03): XXXXX

04/03/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

31860684

36117286

Compliance

Federal Compliance

TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form

TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date

Truth in Lending Act: Subject loan transaction disbursed on XX/XX/XX, prior to three (3) business days from transaction date of XX/XX/XX.

Subject loan transaction disbursed on XX/XX/XX, prior to three (3) business days from transaction date of XX/XX/XX.

Reviewer Comment (2026-04-03): XXXXX

Seller Comment (2026-04-02): XXXXX

04/03/2026

Primary

Refinance - Cash-out - Other

TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form

Safe Harbor QM (APOR)

Yes

[redacted]

33607001

36089294

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/20/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33375900

36072424

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/18/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35883339

36058352

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/17/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39020914

36256397

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/10/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

30463580

36211380

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/06/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37564668

36476516

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/18/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39951646

36057908

Compliance

State Compliance

State Defect

(TX50(a)(6)) Texas Cash-out Loan (Fannie Mae forms not used for closing of home equity loan)

XXXXX Constitution Section 50(a)(6): XXXXX forms not used for closing of home equity loan.

XXXXX forms not used for closing of home equity loan

Reviewer Comment (2026-03-25): XXXXX

03/25/2026

Primary

Refinance - Cash-out - Other

The failure to use FNMA Documents does not present a clear remediation path.

Safe Harbor QM (APOR)

[redacted]

33764787

36089671

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/20/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37569584

35998898

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/11/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

36120122

36047426

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/16/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35665233

36058257

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/17/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32328930

35966557

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: 325

Note Date: ___; Lien Position: ___

Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.

03/06/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32742243

36046155

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/16/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34030312

36045981

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.

03/17/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31632872

36136940

Credit

Insurance

Insurance Analysis

Insurance

Insufficient Coverage: Hazard insurance coverage amount is insufficient.

HOI coverage is insufficient by $11,992.00 Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate supporting current coverage amount.

Reviewer Comment (2026-04-08): XXXXX

Seller Comment (2026-04-08): XXXXX

Reviewer Comment (2026-03-27): XXXXX

Seller Comment (2026-03-27): XXXXX

04/08/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31632872

36137767

Compliance

Federal Compliance

TRID

TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $333.33 exceeds tolerance of $240.00. Sufficient or excess cure was provided to the borrower at Closing.

Transfer Tax Fee was last disclosed as $240.00 on LE but disclosed as $333.33 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file.

Reviewer Comment (2026-03-24): XXXXX

03/24/2026

Primary

Refinance - Cash-out - Other

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

[redacted]

32546614

35964688

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/06/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37573822

36117019

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/26/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30841839

36310495

Credit

Loan Package Documentation

Application / Processing

Loan Package Documentation

Mismatch of data related to Occupancy.

As per final 1003, loan information section, occupancy type is second home; however, the declaration section 'Will you occupy the property as your primary residence?' has been updated as 'Yes'.

Reviewer Comment (2026-04-24): XXXXX

Seller Comment (2026-04-24): XXXXX

04/24/2026

Second Home

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30841839

36313037

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/23/2026

Second Home

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38590976

36436854

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/13/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36804567

36058154

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/17/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36804567

36058166

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. AVM provided. No secondary valuation was provided. Sec ID: 53

The file is missing a copy of the secondary valuation required for securitization purposes.

Reviewer Comment (2026-03-26): XXXXX

Seller Comment (2026-03-23): XXXXX

03/26/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35547393

36157354

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/30/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32947244

36058410

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/17/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33150780

36095683

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/23/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32733086

36153096

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 325

Note Date: ___; Lien Position: ___

Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.

03/30/2026

N/A

Primary

Refinance - Rate/Term

Safe Harbor QM (APOR)

[redacted]

32733086

36153135

Compliance

Federal Compliance

TRID

TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Verification Of Employment Fee. Fee Amount of $317.40 exceeds tolerance of $158.70. Sufficient or excess cure was provided to the borrower at Closing.

Verification Of Employment Fee was last disclosed as $158.70 on LE but disclosed as $158.70 on Final Closing Disclosure. Sufficient or excess cure was provided to the borrower at Closing.

Reviewer Comment (2026-03-26): XXXXX

03/26/2026

Primary

Refinance - Rate/Term

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

[redacted]

32733086

36153136

Compliance

Federal Compliance

TRID

TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $39.00 exceeds tolerance of $26.00. Sufficient or excess cure was provided to the borrower at Closing.

Transfer Tax Fee was last disclosed as $13.00 on LE but disclosed as $13.00 on Final Closing Disclosure. Sufficient or excess cure was provided to the borrower at Closing.

Reviewer Comment (2026-03-26): XXXXX

03/26/2026

Primary

Refinance - Rate/Term

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

[redacted]

32733086

36240469

Credit

Miscellaneous

Guideline

Credit Exception:

Provide updated 1st lien coupon

Reviewer Comment (2026-04-09): XXXXX

Seller Comment (2026-04-09): XXXXX

04/09/2026

Primary

Refinance - Rate/Term

Safe Harbor QM (APOR)

[redacted]

32205313

36071560

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/18/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

36788835

36088760

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/20/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35520429

36057706

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/17/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37585410

36279344

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/16/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35942067

36057727

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/17/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

34781893

36089859

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/20/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34266460

36204580

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/03/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

39368756

36146088

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/27/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39368756

36169827

Credit

Loan Package Documentation

Loan File

Missing Document

Missing Document: Hazard Insurance Policy not provided

Lender to provide master policy.

Reviewer Comment (2026-03-30): XXXXX

Seller Comment (2026-03-30): XXXXX

03/30/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36265699

36191590

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/02/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34858595

36091014

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/20/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

32525699

36089790

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/20/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37625314

36070547

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/18/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32583903

36053779

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/17/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35118495

36115045

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/25/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33608510

36322693

Compliance

Federal Compliance

TRID Defect

TRID Initial Loan Estimate Timing Electronically Provided

TILA-RESPA Integrated Disclosure: Loan Estimate not delivered or placed in the mail to Borrower(s) within three (3) business days of application.

Loan Estimate not delivered or placed in the mail to Borrower(s) within three (3) business days of application.

Reviewer Comment (2026-05-01): XXXXX

Seller Comment (2026-04-29): XXXXX

05/01/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33608510

36322712

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/24/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33608510

36380541

Compliance

Federal Compliance

TRID Defect

TRID Loan Estimate Timing

TILA-RESPA Integrated Disclosure: Loan Estimate not delivered or placed in the mail to Borrower(s) within three (3) business days of application.

The timing for the LE under § 1026.19(e)(1)(iii) is three business days from application. Initial LE issued XX/XX/XX. On this loan, the LE should have been issued within 3 business days of the broker application date of XX/XX/XX.

Reviewer Comment (2026-05-06): XXXXX

Seller Comment (2026-05-05): XXXXX

Reviewer Comment (2026-05-04): XXXXX

Seller Comment (2026-05-01): XXXXX

05/06/2026

Primary

Refinance - Cash-out - Other

No Defined Cure

Safe Harbor QM (APOR)

[redacted]

38235359

36073163

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/18/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32166307

36054523

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/17/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35522829

36089739

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/20/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

33159713

36072355

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/18/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31494560

36053974

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/16/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39063919

36063611

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/16/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31102686

36200708

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/03/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

36888894

36256223

Compliance

State Compliance

State HPML

(State HPML Disclosure) Maryland Higher-Priced Mortgage Loan (Disclosure of Non-HPML Loans Borrower Qualifies For Not Provided)

XXXXX Higher-Priced Mortgage Loan: Borrower not provided with written disclosure of non-higher priced loans otherwise qualified for.

Borrower not provided with written disclosure of non-higher priced loans otherwise qualified for.

Reviewer Comment (2026-04-15): XXXXX

04/15/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

36888894

36256224

Compliance

State Compliance

State HPML

XXXXX HPML Threshold Test Non-Compliant

XXXXX Higher-Priced Mortgage Loan: APR on subject loan of 9.97528% or Final Disclosure APR of XX.XX% is equal to or greater than the threshold of APOR XX.XX% + XX.XX%, or XX.XX%. Non-Compliant Higher Priced Loan.

APR on subject loan of 9.97528% or Final Disclosure APR of XX.XX% is equal to or greater than the threshold of APOR XX.XX% + XX.XX%, or XX.XX%. Non-Compliant Higher Priced Loan.

Reviewer Comment (2026-04-15): XXXXX

04/15/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

36888894

36256242

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 325

Note Date: ___; Lien Position: ___

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief.

04/10/2026

N/A

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

32948356

36192992

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 325

Note Date: ___; Lien Position: ___

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief.

04/02/2026

N/A

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

34310930

36256347

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/10/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30449968

36057828

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/17/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36164429

36118774

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/25/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36164429

36118844

Compliance

Federal Compliance

TRID

TRID Lender Credit Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $-1,490.00 exceeds tolerance of $-1,990.00. Sufficient or excess cure was provided to the borrower at Closing.

Lender Credits was last disclosed as -$XXXXX.00 on LE but disclosed as -$1490.00 on Final Closing Disclosure. File does not contain a valid COC for this fee, sufficient or excess cure was provided to the borrower at Closing.

Reviewer Comment (2026-03-23): XXXXX

03/23/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

Yes

[redacted]

38087717

36178334

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/01/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38087717

36178368

Compliance

Federal Compliance

TILA

Federal LO Compensation Dual Compensation Dodd Frank Test

Loan Originator Compensation: Dual compensation received from both a consumer and person other than consumer.

Dual compensation received from both a consumer and person other than consumer.

Reviewer Comment (2026-04-14): XXXXX

Seller Comment (2026-04-08): XXXXX

04/14/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34796926

36070048

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/18/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35981891

36071765

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/18/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32197946

36147072

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/27/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

32832254

36054206

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/17/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38007152

36144613

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/27/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36738808

36363124

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/01/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36738808

36364730

Compliance

State Compliance

State Defect

XXXXX SB 1894

XXXXX (SB 1894) - Certificate of Compliance or Exemption not attached to mortgage for recording.

Reviewer Comment (2026-05-06): XXXXX

Seller Comment (2026-05-06): XXXXX

Reviewer Comment (2026-05-04): XXXXX

Seller Comment (2026-05-03): XXXXX

05/06/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36738808

36380194

Credit

Loan Package Documentation

Loan File

Missing Document

Missing Document: Hazard Insurance Policy not provided

Lender to provide master policy.

Reviewer Comment (2026-05-06): XXXXX

Seller Comment (2026-05-06): XXXXX

05/06/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36795729

36088238

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/20/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30809837

36116882

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/25/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34410204

36055261

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/16/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37244480

36088886

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/20/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37244480

36088978

Compliance

Federal Compliance

TRID Defect

TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Verification Of Employment Fee. Fee Amount of $104.12 exceeds tolerance of $0.00. $104.12 over legal limit. Insufficient or no cure was provided to the borrower.

Verification Of Employment Fee was last disclosed as $0.00on LE but disclosed as $104.12 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $104.12, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-04-13): XXXXX

Seller Comment (2026-04-10): XXXXX

04/13/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

31838252

36197712

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/02/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36403525

36115005

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/25/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35019835

36325480

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/24/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35019835

36325494

Compliance

Federal Compliance

TRID

TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $86.00 exceeds tolerance of $43.00 plus 10% or $47.30. Sufficient or excess cure was provided to the borrower at Closing.

Ten Percent Fee Tolerance was exceeded. Total amount of $86.00 exceeds tolerance of $43.00 plus 10% or $47.30. Sufficient or excess cure was provided to the borrower at closing.

Reviewer Comment (2026-04-22): XXXXX

04/22/2026

Primary

Refinance - Cash-out - Other

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

[redacted]

34969715

36423511

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Risk.

Loan designation failure due to QM failure. This exception will be cleared once all QM specific exceptions have been cured/cleared.

Reviewer Comment (2026-05-29): XXXXX

Buyer Comment (2026-05-26): XXXXX

05/29/2026

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

Safe Harbor QM (APOR)

Yes

[redacted]

34969715

36423524

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/12/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34969715

36423565

Credit

AUS Discrepancy / Guidelines Discrepancy

Guideline

Guideline Requirement: Investor qualifying total debt ratio discrepancy.

Calculated investor qualifying total debt ratio of ___ exceeds Guideline total debt ratio of ___.

Calculated investor qualifying total debt ratio of 52.53028% exceeds Guideline total debt ratio of 50.00000%. Per income worksheet in file, lender calculated rental income for XXXXX with total expenses of $20,476, however Schedule E reflects $59,146. Rental income per final 1003 reflects $2168.81, however calculated rental income is -$1053.25.

Borrower has been employed in the same industry for more than 5 years.

Borrower has owned the subject property for at least 5 years.

Borrower has verified disposable income of at least $2500.00.

Borrower has worked in the same position for more than 3 years.

The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.

The Loan to Value (LTV) on the loan is less than or equal to 70%.

The representative FICO score is above 680.

SitusAMC

Reviewer Comment (2026-05-29): XXXXX

Buyer Comment (2026-05-26): XXXXX

05/29/2026

Yes

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34969715

36423625

Compliance

Federal Compliance

ATR/QM Defect

Loan does not meet one or more guideline components which could impact the borrower's ability to repay.

General QM Provision: Loan does not meet one or more guideline components which could impact the borrower's ability to repay.

Reviewer Comment (2026-05-29): XXXXX

Buyer Comment (2026-05-26): XXXXX

05/29/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34969715

36460624

Compliance

Federal Compliance

ATR/QM Defect

General QM Provision Investor and QM DTIs match and both moderately exceed Guidelines

General QM: The DTI calculated in accordance with the Lenders Guidelines and 1026.43(e) of 52.53028% moderately exceeds the guideline maximum of 50.00%. (DTI Exception is eligible to be regraded with compensating factors.)

Borrower has been employed in the same industry for more than 5 years.

Borrower has owned the subject property for at least 5 years.

Borrower has verified disposable income of at least $2500.00.

Borrower has worked in the same position for more than 3 years.

The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.

The Loan to Value (LTV) on the loan is less than or equal to 70%.

The representative FICO score is above 680.

SitusAMC

Reviewer Comment (2026-05-29): XXXXX

Buyer Comment (2026-05-26): XXXXX

05/29/2026

Yes

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34078140

36147497

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/27/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39890842

36055916

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/16/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

34176608

36123178

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/26/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34338083

36073063

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/18/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34987752

36116283

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/25/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33366701

36091373

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 325

Note Date: ___; Lien Position: ___

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief.

03/20/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33366701

36091475

Compliance

Federal Compliance

TRID Defect

TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $-804.00 exceeds tolerance of $-1,554.00. Insufficient or no cure was provided to the borrower.

Appraisal Fee was last disclosed as -$1,554.00 on LE but disclosed as -$804.00 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $750.00, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-03-27): XXXXX

Seller Comment (2026-03-26): XXXXX

03/27/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

37187505

35849646

Compliance

Federal Compliance

TRID Defect

TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $557.66 exceeds tolerance of $438.00. $119.66 over legal limit. Insufficient or no cure was provided to the borrower.

Loan Discount Points fee was last disclosed as $438.00 on LE but disclosed as $557.66 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $119.66. a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-02-26): XXXXX

Seller Comment (2026-02-25): XXXXX

02/26/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

34198233

35849141

Compliance

Federal Compliance

TRID

TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $299.00 exceeds tolerance of $265.00. Sufficient or excess cure was provided to the borrower at Closing.

Credit Report Fee was last disclosed as $265.00 on LE but disclosed as $299.00 on Final Closing Disclosure. Sufficient or excess cure was provided to the borrower at Closing.

Reviewer Comment (2026-02-19): XXXXX

02/19/2026

Primary

Refinance - Cash-out - Other

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

[redacted]

34198233

35849449

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. Missing secondary valuation. CU and LCA results are contradictory. Appraisal was provided. Sec ID: 133

Note Date: ___; Lien Position: ___

Loan is to be securitized. Missing secondary valuation. CU and LCA results are contradictory.

02/23/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34198233

35873446

Credit

Credit Documentation

Guideline

Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided

The file was documented with bank statement history to support the mortgage payment history however the document does not reflect the account owner. Statement must show who is the account holder.

Reviewer Comment (2026-02-25): XXXXX

Seller Comment (2026-02-24): XXXXX

02/25/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33067318

35843596

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

Reviewer Comment (2026-01-14): XXXXX

Buyer Comment (2026-01-13): XXXXX

01/14/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33067318

35843597

Credit

Title

Document Error

Title

The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.

Reviewer Comment (2026-01-21): XXXXX

Buyer Comment (2026-01-20): XXXXX

01/21/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33067318

35843600

Compliance

Federal Compliance

TRID

TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $1,171.00 exceeds tolerance of $906.00 plus 10% or $996.60. Sufficient or excess cure was provided to the borrower at Closing.

Reviewer Comment (2026-01-09): XXXXX

01/09/2026

Primary

Refinance - Cash-out - Other

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

[redacted]

33067318

35843601

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Risk.

Missing Third Party Verification for self employment business of borrower.

Reviewer Comment (2026-01-09): XXXXX

01/09/2026

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

Safe Harbor QM (APOR)

Yes

[redacted]

33067318

35843602

Compliance

Federal Compliance

ATR/QM Defect

Loan does not meet one or more guideline components which could impact the borrower's ability to repay.

General QM: Based on the loan failing one or more guideline components, the loan is at QM risk.

Missing Third Party Verification for self employment business of borrower.

Reviewer Comment (2026-01-09): XXXXX

01/09/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34006770

36143817

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/27/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39550905

36312346

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 325

Note Date: ___; Lien Position: ___

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief.

04/23/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39576012

36071972

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/18/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36070710

36070544

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/19/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36070710

36070637

Compliance

Federal Compliance

TRID Defect

TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $-2,761.83 exceeds tolerance of $-3,911.00. Insufficient or no cure was provided to the borrower.

Lender Credits Fee was last disclosed as $-3,911.00 on LE but disclosed as $-2,761.83 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $1,149.17, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-03-25): XXXXX

Seller Comment (2026-03-24): XXXXX

03/25/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

36070710

36070638

Compliance

Federal Compliance

TRID Defect

TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $693.00 exceeds tolerance of $451.00 plus 10% or $496.10. $196.90 over legal limit. Insufficient or no cure was provided to the borrower.

10% tolerance was exceeded by $196.90 due to increase of title fees. No valid COC provided, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $196.90, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-04-10): XXXXX

Seller Comment (2026-04-09): XXXXX

Reviewer Comment (2026-03-25): XXXXX

Seller Comment (2026-03-24): XXXXX

04/10/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

36369222

36091888

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/20/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39277355

36221718

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/07/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30246696

36097956

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/23/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30246696

36097963

Credit

Title

Document Error

Title

The Commitment or Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.

Title Evidence: ___;

State: ___

Final Title Policy will be provided as a trailing document.

Final Title Policy will be provided as a trailing document

SitusAMC,Aggregator

Reviewer Comment (2026-10-12): XXXXX

03/23/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36113140

36072239

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/18/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32398600

36267515

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/14/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

32716204

36147074

Compliance

State Compliance

Misc. State Level

(TX50(a)(6)) Texas Cash-out Loan (T-42 Endorsement Not Obtained)

XXXXX title insurance endorsements not obtained for home equity loan. The loan file does not evidence the Title Policy includes the XXXXX T-42 endorsement or the T-42.1 endorsement. (The loan is a XXXXX Section 50 (a)(6) home equity loan.)

Reviewer Comment (2026-04-01): XXXXX

Seller Comment (2026-04-01): XXXXX

04/01/2026

Primary

Refinance - Cash-out - Other

The endorsements would be required at the time of original title policy issuance, there is not an obvious remediation

Safe Harbor QM (APOR)

[redacted]

32716204

36147075

Compliance

State Compliance

State Defect

(TX50(a)(6)) Texas Cash-out Loan (Fannie Mae forms not used for closing of home equity loan)

XXXXX Constitution Section 50(a)(6): XXXXX forms not used for closing of home equity loan.

XXXXX forms not used for closing of home equity loan.

Reviewer Comment (2026-04-01): XXXXX

Seller Comment (2026-04-01): XXXXX

04/01/2026

Primary

Refinance - Cash-out - Other

The failure to use FNMA Documents does not present a clear remediation path.

Safe Harbor QM (APOR)

[redacted]

32716204

36147090

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 325

Note Date: ___; Lien Position: ___

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief.

03/27/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32716204

36148914

Compliance

State Compliance

Misc. State Level

(TX50(a)(6)) Texas Cash-out Loan (Other Debt)

XXXXX Constitution Section 50(a)(6): TX 50(a)(6) prohibits other debt secured by the homestead unless the purpose of additional debt is one described under TX 50(a)(1)-(5) or (8). Unable to determine purpose of additional debt secured by the homestead.

Reviewer Comment (2026-04-01): XXXXX

04/01/2026

Primary

Refinance - Cash-out - Other

Confirm whether additional debt on the subject property is a Texas 50(a)(6) or 50(a)(7) prior to Remediating. Notify consumer the accrual of interest and other obligations will be abated so long as the prior 50(a)(6) or (7) is secured by the homestead

Safe Harbor QM (APOR)

Yes

[redacted]

34999710

36115821

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/25/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34135509

36256531

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/10/2026

Primary

Refinance - Rate/Term

Safe Harbor QM (APOR)

[redacted]

38621556

36258337

Compliance

State Compliance

State Defect

(TX50(a)(6)) Texas Cash-out Loan (Fannie Mae forms not used for closing of home equity loan)

XXXXX Constitution Section 50(a)(6): XXXXX forms not used for closing of home equity loan.

Reviewer Comment (2026-04-15): XXXXX

04/15/2026

Primary

Refinance - Cash-out - Other

The failure to use FNMA Documents does not present a clear remediation path.

Safe Harbor QM (APOR)

[redacted]

38621556

36259209

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 325

Note Date: ___; Lien Position: ___

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief.

04/10/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32817158

36306600

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 325

Note Date: ___; Lien Position: ___

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief.

04/22/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35498331

36370758

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/04/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34842584

36146259

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/27/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38453097

36090138

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/20/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32961240

36191978

Compliance

State Compliance

Misc. State Level

(TX50(a)(6)) Texas Cash-out Loan (T-42 Endorsement Not Obtained)

XXXXX Constitution Section 50(a)(6): Acceptable XXXXX title insurance endorsements not obtained for home equity loan. Although the loan file contains the T-42 Endorsement, there is no evidence the Title Policy includes the XXXXX T-42.1 endorsement. (The loan is a XXXXX Section 50 (a)(6) home equity loan.)

Acceptable XXXXX title insurance endorsements not obtained for home equity loan. Although the loan file contains the T-42 Endorsement, there is no evidence the Title Policy includes the XXXXX T-42.1 endorsement.

Reviewer Comment (2026-04-08): XXXXX

Reviewer Comment (2026-04-07): XXXXX

Seller Comment (2026-04-06): XXXXX

04/08/2026

Primary

Refinance - Cash-out - Other

The endorsements would be required at the time of original title policy issuance, there is not an obvious remediation

Safe Harbor QM (APOR)

[redacted]

32961240

36191979

Compliance

State Compliance

State Defect

(TX50(a)(6)) Texas Cash-out Loan (Fannie Mae forms not used for closing of home equity loan)

XXXXX Constitution Section 50(a)(6): XXXXX forms not used for closing of home equity loan.

XXXXX forms not used for closing of home equity loan.

Reviewer Comment (2026-04-08): XXXXX

Reviewer Comment (2026-04-07): XXXXX

Seller Comment (2026-04-06): XXXXX

04/08/2026

Primary

Refinance - Cash-out - Other

The failure to use FNMA Documents does not present a clear remediation path.

Safe Harbor QM (APOR)

[redacted]

32961240

36191994

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 325

Note Date: ___; Lien Position: ___

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief.

04/02/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37257329

36147700

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/27/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37289724

36280120

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No secondary valuation was provided. CU and LCA results are contradictory. Appraisal was provided. Sec ID: 133

Note Date: ___; Lien Position: ___

04/16/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37289724

36280322

Compliance

State Compliance

Misc. State Level

(TX50(a)(6)) Texas Cash-out Loan (T-42 Endorsement Not Obtained)

Reviewer Comment (2026-04-22): XXXXX

04/22/2026

Primary

Refinance - Cash-out - Other

The endorsements would be required at the time of original title policy issuance, there is not an obvious remediation

Safe Harbor QM (APOR)

[redacted]

37289724

36280323

Compliance

State Compliance

State Defect

(TX50(a)(6)) Texas Cash-out Loan (Fannie Mae forms not used for closing of home equity loan)

XXXXX Constitution Section 50(a)(6): XXXXX forms not used for closing of home equity loan.

Reviewer Comment (2026-04-22): XXXXX

04/22/2026

Primary

Refinance - Cash-out - Other

The failure to use FNMA Documents does not present a clear remediation path.

Safe Harbor QM (APOR)

[redacted]

30420823

36190010

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/02/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30420823

36278246

Compliance

Federal Compliance

TRID

TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Verification Of Employment Fee. Fee Amount of $158.70 exceeds tolerance of $153.30. Sufficient or excess cure was provided to the borrower at Closing.

Reviewer Comment (2026-04-14): XXXXX

04/14/2026

Primary

Refinance - Cash-out - Other

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

[redacted]

30072630

36255788

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/10/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30072630

36255816

Credit

Insurance

Insurance Analysis

Insurance

Insufficient Coverage: Hazard insurance coverage amount is insufficient.

HOI coverage is insufficient by $13,640.00. Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate supporting current coverage amount.

Reviewer Comment (2026-04-16): XXXXX

Seller Comment (2026-04-16): XXXXX

Reviewer Comment (2026-04-15): XXXXX

Seller Comment (2026-04-15): XXXXX

Reviewer Comment (2026-04-14): XXXXX

Seller Comment (2026-04-14): XXXXX

Reviewer Comment (2026-04-13): XXXXX

Seller Comment (2026-04-13): XXXXX

04/16/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35795362

36152908

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/30/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35523851

36117170

Compliance

Federal Compliance

TRID

TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Disaster Inspection Fee. Fee Amount of $45.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing.

Disaster Inspection Fee was last disclosed as $0.00 on LE but disclosed as $45.00 on Final Closing Disclosure. Sufficient or excess cure was provided to the borrower at Closing.

Reviewer Comment (2026-03-23): XXXXX

03/23/2026

Primary

Refinance - Cash-out - Other

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

[redacted]

35523851

36117174

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/25/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39665515

36222174

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/07/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

31071703

36114936

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/25/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37652533

36148946

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/27/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32910209

36196537

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/02/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

30342769

36146035

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/27/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37757988

36093456

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/20/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32286511

36302439

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. Appraisal was provided. No secondary valuation was provided. Sec ID: 122

Reviewer Comment (2026-04-24): XXXXX

Seller Comment (2026-04-24): XXXXX

04/24/2026

N/A

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

34422804

36200104

Compliance

State Compliance

State Defect

XXXXX SB 1894

XXXXX (SB 1894) - Certificate of Compliance or Exemption not attached to mortgage for recording.

Certificate of Compliance or Exemption not attached to mortgage for recording.

Reviewer Comment (2026-04-06): XXXXX

Seller Comment (2026-04-06): XXXXX

04/06/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34422804

36200116

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/03/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33503735

36387835

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/05/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33503735

36387843

Credit

Title

Document Error

Title

The Commitment or Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.

Title Evidence: ___;

State: ___

Preliminary title document does not state the coverage amount.

Final Title Policy will be provided as a trailing document.

Final Title Policy will be provided as a trailing document

SitusAMC,Aggregator

Reviewer Comment (2026-10-12): XXXXX

05/05/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34505090

36231068

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/07/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31745449

36322975

Compliance

Federal Compliance

TRID

TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Verification Of Tax Return Fee. Fee Amount of $8.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing.

Verification Of Tax Return Fee was last disclosed as $0.00 on LE but disclosed as $8.00 on Final Closing Disclosure. Sufficient cure was provided to the borrower at Closing.

Reviewer Comment (2026-04-22): XXXXX

04/22/2026

Primary

Refinance - Cash-out - Other

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

[redacted]

31745449

36322977

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/24/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35870449

36323723

Compliance

Federal Compliance

TRID Defect

TRID Initial Loan Estimate Timing Electronically Provided

TILA-RESPA Integrated Disclosure: Loan Estimate not delivered or placed in the mail to Borrower(s) within three (3) business days of application.

Evidence of earlier receipt of LE was not located in file.

Reviewer Comment (2026-04-29): XXXXX

Seller Comment (2026-04-27): XXXXX

04/29/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35870449

36323728

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/24/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33706920

36114648

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/25/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36982040

36089745

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/20/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36982040

36089864

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Higher Priced QM (APOR) does not match Due Diligence Loan Designation of Safe Harbor QM (APOR).

Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared.

Reviewer Comment (2026-05-05): XXXXX

Seller Comment (2026-05-01): XXXXX

05/05/2026

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

Safe Harbor QM (APOR)

Yes

[redacted]

38219405

36176189

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 325

Note Date: ___; Lien Position: ___

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief.

04/01/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34369914

36203373

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/03/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39960748

36114736

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/25/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

31224284

36584111

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. Appraisal was provided. No secondary valuation was provided. Sec ID: 122

Reviewer Comment (2026-06-03): XXXXX

Seller Comment (2026-06-02): XXXXX

06/03/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31224284

36610492

Credit

Miscellaneous

Guideline

Credit Exception:

Missing Secondary Valuation required by guidelines. Per guidelines LCA or CU Score <= 2.5 is acceptable. CU score provided in file is 4.4.

Reviewer Comment (2026-06-03): XXXXX

Seller Comment (2026-06-02): XXXXX

06/03/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31168496

36297283

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/21/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31168496

36297293

Credit

Insurance

Insurance Analysis

Insurance

Insufficient Coverage: Hazard insurance coverage amount is insufficient.

HOI coverage is insufficient by $17,452.00. Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate supporting current coverage amount.

Reviewer Comment (2026-04-28): XXXXX

Reviewer Comment (2026-04-24): XXXXX

Seller Comment (2026-04-24): XXXXX

Reviewer Comment (2026-04-23): XXXXX

Seller Comment (2026-04-23): XXXXX

04/28/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36882249

36156076

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/30/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

31299919

36193542

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/02/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31299919

36193596

Compliance

Federal Compliance

TRID

TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $716.90 exceeds tolerance of $713.00. Sufficient or excess cure was provided to the borrower at Closing.

Override - remove.

Reviewer Comment (2026-03-31): XXXXX

03/31/2026

Primary

Refinance - Cash-out - Other

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

[redacted]

31299919

36194763

Compliance

Federal Compliance

TRID

TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Re-Issue Fee. Fee Amount of $41.70 exceeds tolerance of $29.40. Sufficient or excess cure was provided to the borrower at Closing.

Zero Percent Fee Tolerance exceeded for Credit Report Re-Issue Fee. Fee Amount of $41.70 exceeds tolerance of $29.40. Sufficient or excess cure was provided to the borrower at Closing.

Reviewer Comment (2026-03-31): XXXXX

03/31/2026

Primary

Refinance - Cash-out - Other

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

[redacted]

31299919

36194764

Compliance

Federal Compliance

TRID

TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Verification Of Employment Fee. Fee Amount of $317.40 exceeds tolerance of $153.30. Sufficient or excess cure was provided to the borrower at Closing.

Zero Percent Fee Tolerance exceeded for Verification Of Employment Fee. Fee Amount of $317.40 exceeds tolerance of $153.30. Sufficient or excess cure was provided to the borrower at Closing.

Reviewer Comment (2026-03-31): XXXXX

03/31/2026

Primary

Refinance - Cash-out - Other

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

[redacted]

37498123

36089755

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/20/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30559636

36193300

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/02/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37709336

36266601

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/14/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33904791

36115064

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/25/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33496253

36114829

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/25/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35700455

36286011

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/17/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37760174

36177788

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 325

Note Date: ___; Lien Position: ___

Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.

04/02/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37760174

36177797

Compliance

Federal Compliance

TRID

TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $125.00 exceeds tolerance of $123.00. Sufficient or excess cure was provided to the borrower at Closing.

Credit report fee was last disclosed as $123.00 on LE but disclosed as $125.00 in Final Closing Disclosure. Sufficient or Excess cure was provided to the borrower at closing.

Reviewer Comment (2026-03-30): XXXXX

03/30/2026

Primary

Refinance - Cash-out - Other

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

[redacted]

31782954

36123162

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/26/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31782954

36194003

Credit

Miscellaneous

Guideline

Credit Exception:

Seller requested exception to be added to address DTI difference.

Reviewer Comment (2026-04-06): XXXXX

Seller Comment (2026-04-03): XXXXX

Reviewer Comment (2026-04-03): XXXXX

Seller Comment (2026-04-01): XXXXX

04/06/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32255075

36073363

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 325

Note Date: ___; Lien Position: ___

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief.

03/19/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38783025

36323176

Compliance

State Compliance

Misc. State Level

(TX50(a)(6)) Texas Cash-out Loan (T-42 Endorsement Not Obtained)

Acceptable XXXXX title insurance endorsements not obtained for home equity loan. The loan file does not evidence the title policy includes the XXXXX T-42 endorsement or the T-42.1 endorsement.

Reviewer Comment (2026-04-29): XXXXX

Seller Comment (2026-04-28): XXXXX

04/29/2026

Primary

Refinance - Cash-out - Other

The endorsements would be required at the time of original title policy issuance, there is not an obvious remediation

Safe Harbor QM (APOR)

[redacted]

38783025

36323177

Compliance

State Compliance

State Defect

(TX50(a)(6)) Texas Cash-out Loan (Fannie Mae forms not used for closing of home equity loan)

XXXXX Constitution Section 50(a)(6): XXXXX forms not used for closing of home equity loan.

XXXXX forms not used for closing of home equity loan.

Reviewer Comment (2026-04-29): XXXXX

Seller Comment (2026-04-28): XXXXX

04/29/2026

Primary

Refinance - Cash-out - Other

The failure to use FNMA Documents does not present a clear remediation path.

Safe Harbor QM (APOR)

[redacted]

32070115

36323274

Compliance

Federal Compliance

TRID Defect

TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $1,062.00 exceeds tolerance of $510.00 plus 10% or $561.00. $501.00 over legal limit. Insufficient or no cure was provided to the borrower.

10% tolerance was exceeded by $501.00 due to an increase in the recording fee. No valid COC was provided, nor was evidence of cure found in the file. Provide a post-closing Closing Disclosure disclosing the tolerance cure to include $501.00, a copy of the refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes that were made.

Reviewer Comment (2026-05-01): XXXXX

Seller Comment (2026-04-30): XXXXX

05/01/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

32070115

36323298

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No secondary valuation was provided. CU and LCA results are contradictory. Appraisal was provided. Sec ID: 133

Note Date: ___; Lien Position: ___

Loan is to be securitized. A secondary valuation is missing. The provided CU and/or LCA provides relief.

04/24/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35758720

36116526

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/25/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37329295

36204485

Compliance

Federal Compliance

TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form

TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date

Truth in Lending Act: Subject loan transaction disbursed on XX/XX/XX, prior to three (3) business days from transaction date of XX/XX/XX.

Reviewer Comment (2026-04-20): XXXXX

Seller Comment (2026-04-19): XXXXX

Reviewer Comment (2026-04-09): XXXXX

Seller Comment (2026-04-09): XXXXX

04/20/2026

Primary

Refinance - Cash-out - Other

TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form

Safe Harbor QM (APOR)

Yes

[redacted]

37329295

36204486

Compliance

Federal Compliance

TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form

TILA Notice of Right to Cancel Expiration Date Prior or equal to Disbursement Date

Truth in Lending Act: Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s).

RTC disclosed incorrect transaction and/or expiration date.

Reviewer Comment (2026-04-20): XXXXX

04/20/2026

Primary

Refinance - Cash-out - Other

TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form

Safe Harbor QM (APOR)

Yes

[redacted]

37329295

36204494

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/03/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37504663

36176814

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/02/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37504663

36176884

Credit

Loan Package Documentation

Application / Processing

Loan Package Documentation

Missing Document: Missing Final 1003

The file was missing a copy of the Final 1003.

Reviewer Comment (2026-04-03): XXXXX

04/03/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36059625

36192113

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/02/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36978749

36322872

Credit

Loan Package Documentation

Application / Processing

Loan Package Documentation

Missing Document: Note - Senior Lien not provided

The file was missing a copy of the Senior lien note / Mortgage Statement, required to verify the breakdown of PITI.

Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least $2500.00.

Borrower has worked in the same position for more than 3 years.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.

SitusAMC

Reviewer Comment (2026-07-14): XXXXX

Seller Comment (2026-07-13): XXXXX

Reviewer Comment (2026-06-24): XXXXX

Seller Comment (2026-06-24): XXXXX

Reviewer Comment (2026-06-23): XXXXX

Seller Comment (2026-06-23): XXXXX

Reviewer Comment (2026-06-11): XXXXX

Seller Comment (2026-06-10): XXXXX

Reviewer Comment (2026-06-03): XXXXX

Seller Comment (2026-06-02): XXXXX

Reviewer Comment (2026-04-28): XXXXX

Seller Comment (2026-04-27): XXXXX

07/14/2026

Yes

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

36978749

36322878

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/24/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

36978749

36322884

Credit

Income / Employment

Income Documentation

Missing Document

REO Documents are missing.

The file was missing a copy of the Senior lien note / Mortgage Statement, required to verify the breakdown of PITI.

Reviewer Comment (2026-07-14): XXXXX

Seller Comment (2026-07-13): XXXXX

Reviewer Comment (2026-06-24): XXXXX

Seller Comment (2026-06-24): XXXXX

Reviewer Comment (2026-06-23): XXXXX

Seller Comment (2026-06-23): XXXXX

Reviewer Comment (2026-04-28): XXXXX

Seller Comment (2026-04-28): XXXXX

07/14/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

36978749

36322896

Compliance

State Compliance

State HPML

(State HPML) Oklahoma Higher-Priced Mortgage Loan (APR Exceeds HPML Threshold)

XXXXX Higher-Priced Mortgage Loan: APR on subject loan of 10.44089% or Final Disclosure APR of XX.XX% is equal to or greater than the threshold of APOR XX.XX% + XX.XX%, or XX.XX%. Compliant Higher Priced Loan.

APR on subject loan of 10.44089% or Final Disclosure APR of XX.XX% is equal to or greater than the threshold of APOR XX.XX% + XX.XX%, or XX.XX%. Compliant Higher Priced Loan.

Reviewer Comment (2026-04-29): XXXXX

Seller Comment (2026-04-28): XXXXX

04/29/2026

Primary

Refinance - Cash-out - Other

No obvious cure

Higher Priced QM (APOR)

[redacted]

32801189

36146281

Compliance

Federal Compliance

TRID Defect

TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $1,944.72 exceeds tolerance of $1,938.00. $6.72 over legal limit. Insufficient or no cure was provided to the borrower.

Loan Discount Points Fee was last disclosed as $1,938.00 on LE but disclosed as $1,944.72 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $6.72, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-04-10): XXXXX

Seller Comment (2026-04-09): XXXXX

04/10/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

32801189

36146302

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/27/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35787970

36222054

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/07/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34061076

36280841

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/16/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35932531

36200894

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/03/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37267823

36197891

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/02/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33604448

36230929

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/07/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34751238

36192140

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/02/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37857906

36203203

Compliance

State Compliance

Misc. State Level

(TX50(a)(6)) Texas Cash-out Loan (The lender/Assignee cannot conclusively rely on the Value on the Acknowledgement of Fair Market Value as the loan file does not contain an Appraisal)

The lender/Assignee cannot conclusively rely on the Value on Acknowledgement of Fair Market Value. Test performed using stated value or other valuation method in file other than appraisal.

Reviewer Comment (2026-04-08): XXXXX

04/08/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37857906

36203204

Compliance

State Compliance

State Defect

(TX50(a)(6)) Texas Cash-out Loan (Fannie Mae forms not used for closing of home equity loan)

XXXXX Constitution Section 50(a)(6): XXXXX forms not used for closing of home equity loan.

XXXXX forms not used for closing of home equity loan.

Reviewer Comment (2026-04-08): XXXXX

04/08/2026

Primary

Refinance - Cash-out - Other

The failure to use FNMA Documents does not present a clear remediation path.

Safe Harbor QM (APOR)

[redacted]

30932340

36256903

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 325

Note Date: ___; Lien Position: ___

04/10/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30932340

36256943

Compliance

State Compliance

State Defect

(TX50(a)(6)) Texas Cash-out Loan (Fannie Mae forms not used for closing of home equity loan)

XXXXX Constitution Section 50(a)(6): XXXXX forms not used for closing of home equity loan.

XXXXX forms not used for closing of home equity loan.

Reviewer Comment (2026-04-15): XXXXX

04/15/2026

Primary

Refinance - Cash-out - Other

The failure to use FNMA Documents does not present a clear remediation path.

Safe Harbor QM (APOR)

[redacted]

30932340

36256947

Compliance

Federal Compliance

TRID Defect

TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $1,267.90 exceeds tolerance of $1,130.00 plus 10% or $1,243.00. $24.90 over legal limit. Insufficient or no cure was provided to the borrower.

10% tolerance was exceeded by $24.90 due to increase of recording fee. No valid COC provided, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $24.90, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-05-14): XXXXX

Seller Comment (2026-05-13): XXXXX

05/14/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

30932340

36257977

Credit

Loan Package Documentation

Loan File

Missing Document

Missing Document: Hazard Insurance Policy not provided

File is missing the Master Policy document

Reviewer Comment (2026-04-13): XXXXX

Seller Comment (2026-04-13): XXXXX

04/13/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37075515

36266194

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/14/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37075515

36266204

Compliance

State Compliance

State Defect

XXXXX Assignee Disclosure

XXXXX High-Cost Loan: Mandatory purchaser/assignee disclosure not contained on document that creates debt or pledges property as collateral.

Mandatory purchaser/assignee disclosure not contained on document that creates debt or pledges property as collateral.

Reviewer Comment (2026-04-23): XXXXX

04/23/2026

Primary

Refinance - Cash-out - Other

See any available cure under the Rhode Island High-Cost Home Loan threshold exception.

Safe Harbor QM (APOR)

[redacted]

37075515

36266205

Compliance

State Compliance

State Defect

XXXXX Home Loan Protection Act Counseling Received

XXXXX High-Cost Loan: No evidence of certification from a HUD-approved third party counselor that borrower has received counseling on the advisability of the loan transaction.

No evidence of certification from a HUD-approved third-party counselor that borrower has received counseling on the advisability of the loan transaction.

Reviewer Comment (2026-04-23): XXXXX

Reviewer Comment (2026-04-20): XXXXX

Seller Comment (2026-04-20): XXXXX

04/23/2026

Primary

Refinance - Cash-out - Other

See any available cure under the Rhode Island High-Cost Home Loan threshold exception.

Safe Harbor QM (APOR)

[redacted]

37075515

36266206

Compliance

State Compliance

State Late Charge

(State High Cost Provision) Rhode Island Late Charge

XXXXX High-Cost Loan: Loan contains an impermissible late charge.

Loan contains an impermissible late charge.

Reviewer Comment (2026-04-23): XXXXX

Reviewer Comment (2026-04-20): XXXXX

Seller Comment (2026-04-20): XXXXX

04/23/2026

Primary

Refinance - Cash-out - Other

See any available cure under the Rhode Island High-Cost Home Loan threshold exception.

Safe Harbor QM (APOR)

[redacted]

37075515

36266207

Compliance

State Compliance

State Defect

(State High Cost) Rhode Island High-Cost Loan (Points and Fees)

XXXXX Home Loan Protection Act: Points and Fees on subject loan of 5.12790% is in excess of the allowable maximum of 5.00000% of the Total Loan Amount. Points and Fees total $XXX on a Total Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $XXX or .12790%). Non-Compliant High Cost Loan.

XXXXX Points and Fees exceed allowable threshold by $124.83 or .19046%. Please provide invoices to exclude third party fees.

Reviewer Comment (2026-04-23): XXXXX

Seller Comment (2026-04-22): XXXXX

Reviewer Comment (2026-04-22): XXXXX

Seller Comment (2026-04-21): XXXXX

Reviewer Comment (2026-04-20): XXXXX

Seller Comment (2026-04-20): XXXXX

04/23/2026

Primary

Refinance - Cash-out - Other

Within 30 days of loan closing and prior to the institution of any action under the Act, creditor must notify the borrower, make appropriate restitution and whatever adjustments are necessary at the choice of the borrower to (a) make the high cost loan satisfy the requirements; or (b) change the terms of the loan in a manner beneficial to the borrower so that the loan will no longer be considered high cost.

(Limited Use Bona Fide Errors - Compliance and Client Approval Required) Within 60 days of discovery, provide:

(1) Legal opinion from originating lender with loan-specific details on how a high-cost loan was made despite procedures to prevent and confirms (i) the failure constitutes a bona fide error for the jurisdiction in which the property is located, and (ii) that the lender has not received any notice from the borrower of the failure; (2) procedures or explanation of controls in place to prevent such errors; (3) client written approval accepting use of the bona fide error cure; (4) signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (5) assuming option 4(a) is selected, a copy of refund check and proof of mailing (must be in transit with courier); (6) assuming option 4(b) is selected, proof of cure for each of the prohibited practice violations noted. Note, a cure may not be accepted if the seller/lender has certified a fix has been made to their system and the same issue continues to occur after the fix has been put into place.

Safe Harbor QM (APOR)

Yes

[redacted]

30115336

36266880

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/14/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35063151

36300203

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/21/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33852963

36192030

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/02/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36474022

36273008

Compliance

Federal Compliance

TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form

TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date

Truth in Lending Act: Subject loan transaction disbursed on XX/XX/XX, prior to three (3) business days from transaction date of XX/XX/XX.

Loan was disbursed prior to midnight of third business day after consummation. Lender to re-open rescission, provide copy of new right to cancel form, copy of letter of explanation sent to borrower, and proof of delivery. Note: This exception will not be cleared until expiration of new rescission period.

Reviewer Comment (2026-06-10): XXXXX

Reviewer Comment (2026-06-09): XXXXX

Reviewer Comment (2026-04-20): XXXXX

Seller Comment (2026-04-17): XXXXX

06/10/2026

Primary

Refinance - Cash-out - Other

TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form

Safe Harbor QM (APOR)

Yes

[redacted]

36474022

36273009

Compliance

Federal Compliance

TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form

TILA Notice of Right to Cancel Expiration Date Prior or equal to Disbursement Date

Truth in Lending Act: Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s).

Right to Cancel disclosed incorrect transaction and/or expiration date.

Reviewer Comment (2026-06-10): XXXXX

06/10/2026

Primary

Refinance - Cash-out - Other

TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form

Safe Harbor QM (APOR)

Yes

[redacted]

31199083

35957523

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/05/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33298013

36199596

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/03/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30908599

36255668

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.

04/10/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

39607235

36301797

Compliance

State Compliance

Misc. State Level

(TX50(a)(6)) Texas Cash-out Loan (T-42 Endorsement Not Obtained)

Reviewer Comment (2026-04-29): XXXXX

Reviewer Comment (2026-04-22): XXXXX

Seller Comment (2026-04-22): XXXXX

04/29/2026

Primary

Refinance - Cash-out - Other

The endorsements would be required at the time of original title policy issuance, there is not an obvious remediation

Safe Harbor QM (APOR)

[redacted]

39607235

36301798

Compliance

State Compliance

State Defect

(TX50(a)(6)) Texas Cash-out Loan (Fannie Mae forms not used for closing of home equity loan)

XXXXX Constitution Section 50(a)(6): XXXXX forms not used for closing of home equity loan.

XXXXX forms not used for closing of home equity loan.

Reviewer Comment (2026-04-29): XXXXX

Reviewer Comment (2026-04-22): XXXXX

Seller Comment (2026-04-22): XXXXX

04/29/2026

Primary

Refinance - Cash-out - Other

The failure to use FNMA Documents does not present a clear remediation path.

Safe Harbor QM (APOR)

[redacted]

39607235

36301809

Compliance

Loan Package Documentation

Closing / Title

Missing, Incorrect, or Incomplete Note

Missing Document: Note - Subject Lien not provided

The file was missing a copy of the Note document.

Reviewer Comment (2026-04-27): XXXXX

Seller Comment (2026-04-27): XXXXX

Reviewer Comment (2026-04-24): XXXXX

Seller Comment (2026-04-24): XXXXX

04/27/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39607235

36351903

Compliance

State Compliance

Misc. State Level

(TX50(a)(6)) Texas Cash-out Loan (Other Debt)

XXXXX Constitution Section 50(a)(6): TX 50(a)(6) prohibits other debt secured by the homestead unless the purpose of additional debt is one described under TX 50(a)(1)-(5) or (8).

Reviewer Comment (2026-05-01): XXXXX

Seller Comment (2026-04-30): XXXXX

05/01/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

Yes

[redacted]

39887134

36221268

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/07/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39305339

36267211

Compliance

Federal Compliance

TRID Defect

TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $-170.00 exceeds tolerance of $-171.00. Insufficient or no cure was provided to the borrower.

Lender Credit Fee was last disclosed as $171.00 on LE but disclosed as $170.00 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $1.00, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-04-22): XXXXX

Seller Comment (2026-04-21): XXXXX

04/22/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

39305339

36267247

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/14/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38454437

36279730

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 325

Note Date: ___; Lien Position: ___

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief.

04/16/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38454437

36279739

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Estimated Taxes, Insurance And Assessments

Projected Payments: Final Closing Disclosure provided on XX/XX/XX disclosed an Estimated Taxes, Insurance, and Assessments payment that does not match the actual payment for the loan.

Reviewer Comment (2026-04-23): XXXXX

Seller Comment (2026-04-22): XXXXX

04/23/2026

Primary

Refinance - Cash-out - Other

TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable

Safe Harbor QM (APOR)

Yes

[redacted]

38454437

36279740

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Property Costs Year 1 Underdisclosed - XXXXX

TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of on Final Closing Disclosure provided on XX/XX/XX are underdisclosed

Loan Disclosures: Amount of Estimated Property Costs over Year 1 of on Final Closing Disclosure provided on XX/XX/XX are under disclosed

Reviewer Comment (2026-04-23): XXXXX

04/23/2026

Primary

Refinance - Cash-out - Other

Letter of Explanation & Corrected Closing Disclosure

Safe Harbor QM (APOR)

Yes

[redacted]

38454437

36279741

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Will Not Have Escrow - Property Costs Year 1

TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XX/XX/XX did not disclose Estimated Property Costs over Year 1 for loan with no escrow account established.

Loan Disclosures: Final Closing Disclosure provided on XX/XX/XX did not disclose Estimated Property Costs over Year 1 for loan with no escrow account established.

Reviewer Comment (2026-04-23): XXXXX

04/23/2026

Primary

Refinance - Cash-out - Other

Letter of Explanation & Corrected Closing Disclosure

Safe Harbor QM (APOR)

Yes

[redacted]

34455624

36192714

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/02/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37849308

36256499

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/10/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30907393

36279881

Compliance

State Compliance

Misc. State Level

Ohio Consumer Sales Practices Act (Acknowledgement of Receipt of Home Mortgage Loan Information Document Not Received Timely)

XXXXX Consumer Sales Practices Act: Acknowledgement of Receipt of Home Mortgage Loan Information Document not received by borrower within five (5) business days of application.

Acknowledgement of Receipt of Home Mortgage Loan Information Document not received by borrower within five (5) business days of application.

Reviewer Comment (2026-04-22): XXXXX

Reviewer Comment (2026-04-20): XXXXX

Seller Comment (2026-04-16): XXXXX

04/22/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

30907393

36279900

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/16/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

38793897

36364686

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/01/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38793897

36364744

Compliance

Federal Compliance

TRID

TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $170.20 exceeds tolerance of $129.00. Sufficient or excess cure was provided to the borrower at Closing.

Transfer Tax fee was last disclosed as $129.00 on Loan Estimate but disclosed as $170.20 in Final Closing Disclosure. Sufficient or excess cure was provided to the borrower at closing.

Reviewer Comment (2026-04-29): XXXXX

04/29/2026

Primary

Refinance - Cash-out - Other

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

[redacted]

38793897

36364810

Credit

Loan Package Documentation

Loan File

Missing Document

Missing Document: Hazard Insurance Policy not provided

Master policy is missing.

Reviewer Comment (2026-05-06): XXXXX

Seller Comment (2026-05-06): XXXXX

05/06/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31056224

36194668

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/02/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33517627

36302111

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Amount Financed Test

TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of $XXX is over disclosed by $75.00 compared to the calculated Amount Financed of $XXX and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate (fee amounts included in Amount Financed and Finance Charge calculations are based on Closing Disclosure dated XX/XX/XX).

Final Closing Disclosure provided on XX/XX/XX disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of $XXX is over-disclosed by $75.00 compared to the calculated Amount Financed of $XXX, and the disclosed Finance Charge is not accurate within applicable tolerances for the Amount Financed to be considered accurate.

Reviewer Comment (2026-05-22): XXXXX

Seller Comment (2026-05-21): XXXXX

Reviewer Comment (2026-05-21): XXXXX

Seller Comment (2026-05-20): XXXXX

Reviewer Comment (2026-05-19): XXXXX

Seller Comment (2026-05-18): XXXXX

Reviewer Comment (2026-05-11): XXXXX

Seller Comment (2026-05-08): XXXXX

Reviewer Comment (2026-05-01): XXXXX

Seller Comment (2026-04-30): XXXXX

05/22/2026

Primary

Refinance - Cash-out - Other

TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions)

Safe Harbor QM (APOR)

Yes

[redacted]

33517627

36302112

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Finance Charge

TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of $XXX is under disclosed by $75.00 compared to the calculated Finance Charge of $XXX which exceeds the $35.00 threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XX/XX/XX).

Final Closing Disclosure provided on XX/XX/XX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of $XXX is under-disclosed by $75.00 compared to the calculated Finance Charge of $XXX, which exceeds the $35.00 threshold.

Reviewer Comment (2026-05-22): XXXXX

Seller Comment (2026-05-21): XXXXX

Reviewer Comment (2026-05-21): XXXXX

Reviewer Comment (2026-05-19): XXXXX

Seller Comment (2026-05-18): XXXXX

Reviewer Comment (2026-05-01): XXXXX

Seller Comment (2026-04-30): XXXXX

05/22/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

Yes

[redacted]

33517627

36302124

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/21/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37814089

36251245

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/09/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37814089

36251256

Credit

Loan Package Documentation

Application / Processing

Loan Package Documentation

FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.

The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos, and the property must be re-inspected on or after XX/XX/XX declared end date.

Reviewer Comment (2026-04-27): XXXXX

Seller Comment (2026-04-27): XXXXX

04/27/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37481324

36255844

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/10/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36221371

36342664

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/29/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30355973

36204466

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/03/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33787467

36116856

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/25/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

31677669

36072944

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 325

Note Date: ___; Lien Position: ___

oan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief.

03/19/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31677669

36072962

Credit

Insurance

Insurance Analysis

Insurance

Insufficient Coverage: Hazard insurance coverage amount is insufficient.

HOI coverage is insufficient by $57,243.97. Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate supporting current coverage amount.

Reviewer Comment (2026-04-03): XXXXX

04/03/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39821364

36282322

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/16/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36727159

36363641

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/01/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33760468

36222448

Compliance

State Compliance

Misc. State Level

Kansas Mortgage Business Act (Prepaid Finance Charges to to Lender or Lender Affiliate)

XXXXX Mortgage Business Act: Mortgage loan contains prepaid finance charges of $3,571.87 payable to the lender or lender affiliate that exceed 5% of the amount financed, or $3,420.31, an overage of $151.56.

Mortgage loan contains prepaid finance charges of $3,571.87 payable to the lender or lender affiliate that exceed 5% of the amount financed, or $3,420.31, an overage of $151.56.

Reviewer Comment (2026-05-26): XXXXX

Seller Comment (2026-05-20): XXXXX

Reviewer Comment (2026-05-19): XXXXX

Seller Comment (2026-05-13): XXXXX

Seller Comment (2026-05-11): XXXXX

05/26/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

Yes

[redacted]

33760468

36222449

Compliance

Federal Compliance

TRID Defect

TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $2,919.38 exceeds tolerance of $2,759.00. $160.38 over legal limit. Insufficient or no cure was provided to the borrower.

Loan Discount Points Fee was last disclosed as $2,759.00 on LE but disclosed as $2,919.38 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $160.38, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-05-04): XXXXX

Seller Comment (2026-05-01): XXXXX

05/04/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

33760468

36222450

Compliance

Federal Compliance

TRID Defect

TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Verification Of Tax Return Fee. Fee Amount of $16.00 exceeds tolerance of $0.00. $16.00 over legal limit. Insufficient or no cure was provided to the borrower.

Verification Of Tax Return Fee was last disclosed as $0.00 on LE but disclosed as $16.00 on Final Closing Disclosure. File does not contain a valid COC for this fee, Sufficient or excess cure was provided to the borrower at Closing.

Reviewer Comment (2026-05-04): XXXXX

Seller Comment (2026-05-01): XXXXX

05/04/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

33760468

36222456

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/07/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33373826

36228626

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/07/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37926464

36203141

Credit

Title

General

Title

Title Policy Coverage is less than Original Loan Amount.

The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.

Final Title Policy will be provided as a trailing document.

Final Title Policy will be provided as a trailing document

SitusAMC,Aggregator

Reviewer Comment (2026-10-12): XXXXX

04/03/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37926464

36203148

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 325

Note Date: ___; Lien Position: ___

Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.

04/03/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32042709

36192199

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/02/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38529206

36177650

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/01/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30920362

36107788

Credit

Title

General

Title

Title Policy Coverage is less than Original Loan Amount.

The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.

Final Title Policy will be provided as a trailing document.

Final Title Policy will be provided as a trailing document

SitusAMC,Aggregator

Reviewer Comment (2026-10-12): XXXXX

03/24/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30920362

36107832

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/24/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30920362

36108194

Compliance

Federal Compliance

TRID Defect

TRID Revised Loan Estimate Timing Before Closing

TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on XX/XX/XX not received by borrower at least four (4) business days prior to closing.

Evidence of earlier borrower receipt was not found in file.

Reviewer Comment (2026-03-27): XXXXX

Seller Comment (2026-03-26): XXXXX

Reviewer Comment (2026-03-26): XXXXX

Seller Comment (2026-03-25): XXXXX

03/27/2026

Primary

Refinance - Cash-out - Other

No Defined Cure

Safe Harbor QM (APOR)

[redacted]

30920362

36109195

Compliance

Federal Compliance

TRID Defect

TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $661.00 exceeds tolerance of $272.00 plus 10% or $299.20. $361.80 over legal limit. Insufficient or no cure was provided to the borrower.

10% tolerance was exceeded by $361.80 due to increase of title fees. No valid COC provided, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $361.80, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-04-02): XXXXX

Seller Comment (2026-04-01): XXXXX

Reviewer Comment (2026-04-01): XXXXX

Seller Comment (2026-03-31): XXXXX

04/02/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

37409556

36192395

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/02/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

36120879

36258761

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/10/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37317508

36115611

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/26/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35889065

36222529

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/07/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33455861

36167060

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Total Of Payments

TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an inaccurate Total of Payments on page 5 that does not match the actual total of payments for the loan (fee amounts included in TOP calculation are based on Closing Disclosure dated XX/XX/XX). The disclosed Total of Payments in the amount of $XXX is under disclosed by $145.00 compared to the calculated total of payments of $XXX which exceeds the $35.00 threshold.

Final Closing Disclosure provided on XX/XX/XX disclosed an inaccurate Total of Payments on page 5 that does not match the actual total of payments for the loan (fee amounts included in TOP calculation are based on Closing Disclosure dated XX/XX/XX). The disclosed Total of Payments in the amount of $XXX is under disclosed by $145.00 compared to the calculated total of payments of $XXX which exceeds the $35.00 threshold.

Reviewer Comment (2026-04-22): XXXXX

Reviewer Comment (2026-04-14): XXXXX

04/22/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

Yes

[redacted]

33455861

36167064

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/31/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33127795

36323564

Compliance

Federal Compliance

TRID

TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $1,550.28 exceeds tolerance of $533.00 plus 10% or $586.30. Sufficient or excess cure was provided to the borrower at Closing.

Title Fees was last disclosed as $586.30 on LE but disclosed as $1,550.28 on Final Closing Disclosure. Sufficient cure was provided to the borrower at Closing.

Reviewer Comment (2026-04-22): XXXXX

04/22/2026

Primary

Refinance - Cash-out - Other

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

[redacted]

33127795

36323573

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/24/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39948987

36537281

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/21/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32406064

36257073

Compliance

Federal Compliance

TRID Defect

TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $0.00 exceeds tolerance of $-110.00. Insufficient or no cure was provided to the borrower.

Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $0.00 exceeds tolerance of $-110.00. Insufficient or no cure was provided to the borrower.

Reviewer Comment (2026-04-29): XXXXX

Seller Comment (2026-04-29): XXXXX

04/29/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

32406064

36257078

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/10/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35493036

36256498

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/10/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33394382

36281030

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 325

Note Date: ___; Lien Position: ___

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief.

04/16/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33394382

36281109

Compliance

State Compliance

State Defect

(TX50(a)(6)) Texas Cash-out Loan (Fannie Mae forms not used for closing of home equity loan)

XXXXX Constitution Section 50(a)(6): XXXXX forms not used for closing of home equity loan.

Reviewer Comment (2026-04-22): XXXXX

04/22/2026

Primary

Refinance - Cash-out - Other

The failure to use FNMA Documents does not present a clear remediation path.

Safe Harbor QM (APOR)

[redacted]

38207238

36323427

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/24/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34665755

36116162

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

03/26/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34665755

36116967

Compliance

Legal / Regulatory / Compliance

Anti-Predatory Violation

Federal Defect

(Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Notice to Assignee)

Truth in Lending Act (HOEPA): Required Statement was not provided to purchaser or assignee for loan that was sold or assigned. (Note: This notice only applies when selling or assigning a HOEPA loan and may not be found in the file for loans that have not been previously sold)

HOEPA Assignment Notice is not located in file.

Reviewer Comment (2026-04-13): XXXXX

04/13/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34665755

36116968

Compliance

Legal / Regulatory / Compliance

Anti-Predatory Violation

Federal Defect

(Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)

Truth in Lending Act (HOEPA): HOEPA disclosure was not provided to the Borrower

Total fees financed by lender exceed permitted threshold. HOEPA Disclosure is not located in file.

Reviewer Comment (2026-04-13): XXXXX

04/13/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34665755

36116969

Compliance

Legal / Regulatory / Compliance

Anti-Predatory Violation

Federal Defect

(Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)

Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.

Mortgage loan financed Points and Fees.

Reviewer Comment (2026-04-13): XXXXX

04/13/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34665755

36116970

Compliance

Legal / Regulatory / Compliance

Anti-Predatory Violation

Federal Defect

(Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)

Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due or grace period of less than 15 days.

Total fees financed by lender exceed permitted threshold. Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.

Reviewer Comment (2026-04-13): XXXXX

04/13/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34665755

36116971

Compliance

Federal Compliance

Federal Defect

(Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)

Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.47108% is in excess of the allowable maximum of 5.00000% of the Federal Total Loan Amount. Points and Fees of $XXX on a Federal Total Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $XXX or .47108%). Non-Compliant High Cost Loan.

Total fees financed by lender is $3,884.50. Threshold maximum is $3,550.03.

Reviewer Comment (2026-04-13): XXXXX

04/13/2026

Primary

Refinance - Cash-out - Other

(1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted.

Safe Harbor QM (APOR)

Yes

[redacted]

34665755

36116972

Compliance

Legal / Regulatory / Compliance

Anti-Predatory Violation

Federal Defect

(Fed High Cost Provision) Federal High-Cost Mortgage Loan (2015 Counseling Requirement)

Truth in Lending Act (HOEPA): Pre-loan counseling requirements not met.

Total fees financed by lender exceed permitted threshold. Pre-Loan Counseling status if not located in file.

Reviewer Comment (2026-04-13): XXXXX

04/13/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34665755

36116974

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail.

Loan designation failure due to QM failure. This exception will be cleared once all QM specific exceptions have been cured/cleared.

Reviewer Comment (2026-04-13): XXXXX

04/13/2026

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

Safe Harbor QM (APOR)

Yes

[redacted]

34665755

36116975

Compliance

Federal Compliance

ATR/QM Defect

QM Points and Fees XXXXX

Qualified Mortgage (Dodd Frank XXXXX): Points and Fees on subject loan of 5.47108% is in excess of the allowable maximum of 5.00000% of the Federal Total Loan Amount. Points and Fees total $XXX on a Federal Total Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $XXX or .47108%).

QM Points and Fees threshold exceeded by $XXX or .47108%. Loan was consummated after XX/XX/XX. For loans consummated after this date, there is no longer any cure mechanism available for QM points and fees violations.

Reviewer Comment (2026-04-13): XXXXX

Reviewer Comment (2026-04-03): XXXXX

04/13/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39187149

36268442

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/14/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39622446

36250721

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/09/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30051483

36364074

Compliance

State Compliance

Misc. State Level

(TX50(a)(6)) Texas Cash-out Loan (The lender/Assignee cannot conclusively rely on the Value on the Acknowledgement of Fair Market Value as the loan file does not contain an Appraisal)

The lender/Assignee cannot conclusively rely on the Value on Acknowledgement of Fair Market Value. Test performed using stated value or other valuation method in file other than appraisal.

Reviewer Comment (2026-05-06): XXXXX

05/06/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30051483

36364075

Compliance

State Compliance

State Defect

(TX50(a)(6)) Texas Cash-out Loan (Fannie Mae forms not used for closing of home equity loan)

XXXXX Constitution Section 50(a)(6): XXXXX forms not used for closing of home equity loan.

XXXXX forms not used for closing of home equity loan.

Reviewer Comment (2026-05-06): XXXXX

05/06/2026

Primary

Refinance - Cash-out - Other

The failure to use FNMA Documents does not present a clear remediation path.

Safe Harbor QM (APOR)

[redacted]

30051483

36364077

Compliance

State Compliance

State Late Charge

XXXXX Interest Rate <= 10% Late Charge Percent Testing

XXXXX Late Charge: Note late charge of 7.50000% exceeds state maximum of 5% or $7.50, whichever is greater.

Note late charge of 7.50% exceeds state maximum of 5% or $7.50, whichever is greater.

Reviewer Comment (2026-05-06): XXXXX

05/06/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30051483

36364084

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/01/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35390976

36322548

Compliance

Federal Compliance

TRID Defect

TRID Initial Loan Estimate Timing Electronically Provided

TILA-RESPA Integrated Disclosure: Loan Estimate not delivered or placed in the mail to Borrower(s) within three (3) business days of application.

Loan Estimate not delivered or placed in the mail to Borrower(s) within three (3) business days of application.

Reviewer Comment (2026-04-30): XXXXX

Seller Comment (2026-04-30): XXXXX

04/30/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35390976

36322579

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 325

Note Date: ___; Lien Position: ___

Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.

04/24/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35390976

36328219

Credit

Loan Package Documentation

Loan File

Missing Document

Missing Document: Hazard Insurance Policy not provided

Lender to provide blanket policy.

Reviewer Comment (2026-04-27): XXXXX

Seller Comment (2026-04-27): XXXXX

04/27/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35390976

36380478

Compliance

Federal Compliance

TRID

TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $820.00 exceeds tolerance of $610.00. Sufficient or excess cure was provided to the borrower at Closing.

Reviewer Comment (2026-04-30): XXXXX

04/30/2026

Primary

Refinance - Cash-out - Other

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

[redacted]

38985137

36324077

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/24/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35731397

36205326

Compliance

Federal Compliance

TRID Defect

TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $-385.00 exceeds tolerance of $-498.67. Insufficient or no cure was provided to the borrower.

Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $-385.00 exceeds tolerance of $-498.67. Insufficient or no cure was provided to the borrower.

Reviewer Comment (2026-05-08): XXXXX

Seller Comment (2026-05-07): XXXXX

Reviewer Comment (2026-04-15): XXXXX

Seller Comment (2026-04-14): XXXXX

05/08/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

35731397

36205341

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/03/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34862429

36301374

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/21/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34366872

36266669

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/14/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39405292

36268280

Credit

Missing Document

General

Missing Document

Missing Document: Verification of Non-US Citizen Status not provided

Verification of Non-US Citizen missing from file.

Reviewer Comment (2026-04-17): XXXXX

Seller Comment (2026-04-17): XXXXX

04/17/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

39405292

36268288

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/14/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

30249168

36300918

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/21/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37421625

36281925

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/16/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37421625

36292358

Credit

Income / Employment

Income Documentation

Income / Employment

Income Docs Missing:

Per guidelines WVOE covering the most recent 2yr period, OR the borrower's recent paystub and IRS W-2 forms or transcripts covering the most recent 2yr period are required. Missing additional W2 or WVOE for both borrowers.

Reviewer Comment (2026-04-20): XXXXX

Seller Comment (2026-04-20): XXXXX

04/20/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37421625

36292420

Compliance

Federal Compliance

ATR/QM Defect

Loan does not meet one or more guideline components which could impact the borrower's ability to repay.

General QM: Based on the loan failing one or more guideline components, the loan is at QM risk.

Reviewer Comment (2026-04-20): XXXXX

04/20/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37421625

36292423

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Risk.

Loan designation failure due to QM failure. This exception will be cleared once all QM specific exceptions have been cured/cleared.

Reviewer Comment (2026-04-20): XXXXX

04/20/2026

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

Safe Harbor QM (APOR)

Yes

[redacted]

35365325

36222610

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/07/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30276812

36256472

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/10/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37939660

36063762

Compliance

Federal Compliance

TRID Defect

TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $790.00 exceeds tolerance of $372.00 plus 10% or $409.20. $380.80 over legal limit. Insufficient or no cure was provided to the borrower.

10% tolerance was exceeded by $345.80 due to increase of recording fee. No valid COC provided, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $345.80, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-04-16): XXXXX

Seller Comment (2026-04-15): XXXXX

Reviewer Comment (2026-04-14): XXXXX

Seller Comment (2026-04-13): XXXXX

Reviewer Comment (2026-04-10): XXXXX

Seller Comment (2026-04-09): XXXXX

Reviewer Comment (2026-04-03): XXXXX

Seller Comment (2026-04-02): XXXXX

Reviewer Comment (2026-03-31): XXXXX

Seller Comment (2026-03-30): XXXXX

04/16/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

34442411

36295035

Compliance

Federal Compliance

TRID Defect

TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $393.00 exceeds tolerance of $18.00. $375.00 over legal limit. Insufficient or no cure was provided to the borrower.

Loan Discount Points was last disclosed as $18.00 on LE but disclosed as $393.00 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close Closing Disclosure disclosing the tolerance cure to include a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-06-02): XXXXX

Reviewer Comment (2026-05-13): XXXXX

Seller Comment (2026-05-12): XXXXX

06/02/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

34442411

36295042

Compliance

Federal Compliance

ATR/QM Defect

QM Points and Fees XXXXX

Qualified Mortgage (Dodd Frank XXXXX): Points and Fees on subject loan of 3.29145% is in excess of the allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total $XXX on a Federal Total Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $XXX or .29145%).

QM Points and Fees threshold exceeded by $XXX or .29145%. Loan was consummated after XX/XX/XX. For loans consummated after this date, there is no longer any cure mechanism available for QM points and fees violations.

Reviewer Comment (2026-06-09): XXXXX

Reviewer Comment (2026-06-03): XXXXX

Seller Comment (2026-06-01): XXXXX

Reviewer Comment (2026-05-29): XXXXX

Seller Comment (2026-05-27): XXXXX

Reviewer Comment (2026-05-26): XXXXX

Reviewer Comment (2026-05-18): XXXXX

Reviewer Comment (2026-04-30): XXXXX

06/09/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34442411

36295089

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail.

Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared.

Reviewer Comment (2026-06-09): XXXXX

06/09/2026

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

Safe Harbor QM (APOR)

Yes

[redacted]

34442411

36295090

Compliance

Federal Compliance

TRID Defect

TRID Closing Disclosure Issue Date Not Provided

The Closing Disclosure indicated an estimated delivery date of XX/XX/XX; however, it did not disclose the actual Date Issued.

Reviewer Comment (2026-06-02): XXXXX

Reviewer Comment (2026-05-13): XXXXX

Reviewer Comment (2026-05-06): XXXXX

Reviewer Comment (2026-04-27): XXXXX

06/02/2026

Primary

Refinance - Cash-out - Other

Good Faith Redisclosure

Safe Harbor QM (APOR)

Yes

[redacted]

34442411

36295114

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 325

Note Date: ___; Lien Position: ___

04/20/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34442411

36295129

Credit

Loan Package Documentation

Closing / Title

Loan Package Documentation

Missing Document: Rider - PUD not provided

Rider - PUD is missing on the file.

Reviewer Comment (2026-05-29): XXXXX

Reviewer Comment (2026-04-28): XXXXX

05/29/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37431828

36536345

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/21/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34830792

36274027

Compliance

Federal Compliance

TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form

TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date

Truth in Lending Act: Subject loan transaction disbursed on XX/XX/XX, prior to three (3) business days from transaction date of XX/XX/XX.

Reviewer Comment (2026-04-20): XXXXX

04/20/2026

Primary

Refinance - Cash-out - Other

TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form

Safe Harbor QM (APOR)

Yes

[redacted]

32510835

36347771

Compliance

Federal Compliance

TRID Defect

TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $367.00 exceeds tolerance of $342.00. $25.00 over legal limit. Insufficient or no cure was provided to the borrower.

Loan Discount Points Fee was last disclosed as $342.00 on Loan Estimate but disclosed as $367.00 on Final Closing Disclosure. File does not contain a valid Change of Circumstance for this fee, nor evidence of cure in file.

Reviewer Comment (2026-05-14): XXXXX

Reviewer Comment (2026-05-11): XXXXX

05/14/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

32510835

36347776

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/29/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36921907

36260521

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/13/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34716243

36334090

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/28/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33472455

36363841

Credit

Title

General

Title

Title Policy Coverage is less than Original Loan Amount.

The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.

Final Title Policy will be provided as a trailing document.

Final Title Policy will be provided as a trailing document

SitusAMC,Aggregator

Reviewer Comment (2026-10-12): XXXXX

05/01/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33472455

36363842

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/01/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33472455

36363986

Credit

Income / Employment

Income Documentation

Income / Employment

Verification(s) of employment is not within 10 business days of the Note.

This file was missing a copy of VVOE. Per guidelines, Verbal Verification of Employment VVOE completed within 10 days of closing must be provided.

Reviewer Comment (2026-05-05): XXXXX

05/05/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30015294

36281497

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/16/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30015294

36281517

Compliance

State Compliance

State Defect

(State High Cost) Maryland Covered Loan (Points and Fees)

XXXXX Predatory Lending Law: Points and Fees on subject loan of 4.34043% is in excess of the allowable maximum of 4.00000% of the Total Loan Amount. Points and Fees total $4,088.00 on a Total Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $XXX or .34043%). Compliant High Cost Loan.

Points and Fees exceed allowable threshold by $XXX or .34043%. Compliant High Cost Loan.

Reviewer Comment (2026-04-30): XXXXX

Reviewer Comment (2026-04-29): XXXXX

Seller Comment (2026-04-27): XXXXX

04/30/2026

Primary

Refinance - Cash-out - Other

No obvious cure

Safe Harbor QM (APOR)

[redacted]

32614318

36313935

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/24/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38548113

36285515

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. Appraisal was provided. No secondary valuation was provided. Sec ID: 122

The file is missing a copy of the secondary valuation required for securitization purposes.

Reviewer Comment (2026-04-21): XXXXX

04/21/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37685093

36467423

Credit

Title

Document Error

Title

The Commitment or Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.

Title Evidence: ___;

State: ___

Final Title Policy will be provided as a trailing document.

Final Title Policy will be provided as a trailing document

SitusAMC,Aggregator

Reviewer Comment (2026-10-12): XXXXX

05/15/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37685093

36467425

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/15/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30995182

36307408

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. Appraisal was provided. No secondary valuation was provided. Sec ID: 114

The file is missing a copy of the secondary valuation required for securitization purposes.

Reviewer Comment (2026-05-19): XXXXX

Seller Comment (2026-05-15): XXXXX

05/19/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30995182

36307419

Compliance

Federal Compliance

TRID Defect

TRID Initial Closing Disclosure Timing without Waiver Test

TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing.

Evidence of earlier borrower receipt was not found in file.

Reviewer Comment (2026-04-28): XXXXX

Seller Comment (2026-04-27): XXXXX

Reviewer Comment (2026-04-27): XXXXX

Seller Comment (2026-04-24): XXXXX

04/28/2026

Primary

Refinance - Cash-out - Other

No Defined Cure

Safe Harbor QM (APOR)

[redacted]

30995182

36386550

Credit

Miscellaneous

Guideline

Credit Exception:

Missing Secondary Valuation required by guidelines.

Reviewer Comment (2026-05-19): XXXXX

Seller Comment (2026-05-15): XXXXX

05/19/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30995182

36536845

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 325

Note Date: ___; Lien Position: ___

05/19/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33773422

36269655

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/14/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37057498

36266577

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 325

Note Date: ___; Lien Position: ___

The file is missing a copy of the secondary valuation required for securitization purposes.

04/14/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37057498

36266581

Credit

Income / Employment

Income Documentation

Income / Employment

Income Docs Missing:

The file was missing a copy of the foster income document.

Reviewer Comment (2026-04-24): XXXXX

Seller Comment (2026-04-24): XXXXX

Reviewer Comment (2026-04-20): XXXXX

Seller Comment (2026-04-20): XXXXX

04/24/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37057498

36266597

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Risk.

Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared.

Reviewer Comment (2026-04-24): XXXXX

Seller Comment (2026-04-24): XXXXX

Reviewer Comment (2026-04-20): XXXXX

Seller Comment (2026-04-20): XXXXX

04/24/2026

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

Safe Harbor QM (APOR)

Yes

[redacted]

37057498

36266598

Compliance

Federal Compliance

ATR/QM Defect

Loan does not meet one or more guideline components which could impact the borrower's ability to repay.

General QM: Based on the loan failing one or more guideline components, the loan is at QM risk.

Based on the loan failing one or more guideline components, the loan is at QM risk.

Reviewer Comment (2026-04-24): XXXXX

Seller Comment (2026-04-24): XXXXX

Reviewer Comment (2026-04-20): XXXXX

Seller Comment (2026-04-20): XXXXX

04/24/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31093760

36300814

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/21/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38466042

36314535

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/23/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39548575

36280879

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/16/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37117219

36322134

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/24/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31094531

36322083

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/24/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34058014

36355287

Compliance

State Compliance

State Defect

(TX50(a)(6)) Texas Cash-out Loan (Fannie Mae forms not used for closing of home equity loan)

XXXXX Constitution Section 50(a)(6): XXXXX forms not used for closing of home equity loan.

XXXXX forms not used for closing of home equity loan.

Reviewer Comment (2026-05-06): XXXXX

05/06/2026

Primary

Refinance - Cash-out - Other

The failure to use FNMA Documents does not present a clear remediation path.

Safe Harbor QM (APOR)

[redacted]

34058014

36355316

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 325

Note Date: ___; Lien Position: ___

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief.

04/30/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33049577

36279724

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/16/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34179341

36322824

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/24/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

38616652

36279377

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/16/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32713004

36322446

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/24/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30728402

36093239

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

The file is missing a copy of the supporting secondary valuation required for securitization purposes.

03/20/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30728402

36093503

Compliance

Federal Compliance

TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form

Incorrect Right To Cancel Form Used - H-9 Used on Non Same Lender Refinance

Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinance by a creditor that is not considered the original creditor. The H-9 form was used, the H-8 form should have been used.

Notice of Right to Cancel was not executed on the proper Model Form for a refinance by a creditor that is not considered the original creditor. The H-9 form was used, the H-8 form should have been used.

Reviewer Comment (2026-04-20): XXXXX

Reviewer Comment (2026-04-17): XXXXX

Seller Comment (2026-04-16): XXXXX

Reviewer Comment (2026-04-14): XXXXX

Seller Comment (2026-04-10): XXXXX

Reviewer Comment (2026-04-09): XXXXX

Seller Comment (2026-04-07): XXXXX

04/20/2026

Primary

Refinance - Cash-out - Other

TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form

Safe Harbor QM (APOR)

Yes

[redacted]

37156072

36092447

Credit

Borrower and Mortgage Eligibility

Mortgage / Program Eligibility

Borrower and Mortgage Eligibility

Guideline Requirement: Combined High loan to value discrepancy.

Calculated high loan to value percentage of XX.XX% exceeds Guideline high loan to value percentage of XX.XX%

Reviewer Comment (2026-03-23): XXXXX

Seller Comment (2026-03-23): XXXXX

03/23/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37156072

36092448

Credit

AUS Discrepancy / Guidelines Discrepancy

Guideline

Guideline Requirement: Combined loan to value discrepancy.

Calculated combined loan to value percentage of XX.XX% exceeds Guideline combined loan to value percentage of XX.XX%.

Reviewer Comment (2026-03-23): XXXXX

Seller Comment (2026-03-23): XXXXX

03/23/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30761943

36329143

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/27/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34224185

36289707

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/17/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34224185

36289713

Compliance

Federal Compliance

TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form

TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date

Truth in Lending Act: Subject loan transaction disbursed on XX/XX/XX, prior to three (3) business days from transaction date of XX/XX/XX.

Loan was disbursed prior to midnight of third business day after consummation. Lender to re-open rescission, provide a copy of the new right to cancel form, a copy of the letter of explanation sent to borrower, and proof of delivery. Note: This exception will not be cleared until expiration of the new rescission period.

Reviewer Comment (2026-04-27): XXXXX

Seller Comment (2026-04-24): XXXXX

04/27/2026

Primary

Refinance - Cash-out - Other

TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form

Safe Harbor QM (APOR)

Yes

[redacted]

30973980

36381417

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/05/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30973980

36381433

Compliance

Federal Compliance

TRID

TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for HOA/Condo Questionnaire. Fee Amount of $559.95 exceeds tolerance of $475.00. Sufficient or excess cure was provided to the borrower at Closing.

Zero Percent Fee Tolerance exceeded for HOA/Condo Questionnaire. Fee Amount of $559.95 exceeds tolerance of $475.00. Sufficient or excess cure was provided to the borrower at Closing.

Reviewer Comment (2026-05-01): XXXXX

05/01/2026

Primary

Refinance - Cash-out - Other

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

[redacted]

39391575

36302022

Compliance

Federal Compliance

TRID

TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $50.00 exceeds tolerance of $42.00 plus 10% or $46.20. Sufficient or excess cure was provided to the borrower at Closing.

Ten Percent Fee Tolerance exceeded. Total amount of $50.00 exceeds tolerance of $42.00 plus 10% or $46.20. Sufficient or excess cure was provided to the borrower at Closing.

Reviewer Comment (2026-04-17): XXXXX

04/17/2026

Primary

Refinance - Cash-out - Other

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

[redacted]

33230337

36314262

Compliance

Federal Compliance

TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form

TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date

Truth in Lending Act: Subject loan transaction disbursed on XX/XX/XX, prior to three (3) business days from transaction date of XX/XX/XX.

Reviewer Comment (2026-04-29): XXXXX

Seller Comment (2026-04-27): XXXXX

04/29/2026

Primary

Refinance - Cash-out - Other

TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form

Safe Harbor QM (APOR)

Yes

[redacted]

33230337

36314268

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 325

Note Date: ___; Lien Position: ___

The file is missing a copy of the secondary valuation required for securitization purposes.

04/24/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33816873

36370778

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/04/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33816873

36370867

Compliance

State Compliance

Misc. State Level

Ohio Consumer Sales Practices Act (No Documentation of Tangible Net Benefit Analysis)

XXXXX Consumer Sales Practices Act: Mortgage loan file does not contain documentation of the analysis of the borrower's reasonable tangible net benefit.

Mortgage loan file does not contain documentation of the analysis of the borrower's reasonable tangible net benefit.

Reviewer Comment (2026-05-06): XXXXX

05/06/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30356523

36414049

Compliance

Federal Compliance

TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form

TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date

Truth in Lending Act: Subject loan transaction disbursed on XX/XX/XX, prior to three (3) business days from transaction date of XX/XX/XX.

Reviewer Comment (2026-05-19): XXXXX

05/19/2026

Primary

Refinance - Cash-out - Other

TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form

Safe Harbor QM (APOR)

Yes

[redacted]

38106972

36415204

Credit

Insurance

Insurance Analysis

Insurance

Insufficient Coverage: Hazard insurance coverage amount is insufficient.

HOI coverage is insufficient by $2,634.00. Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate supporting current coverage amount.

Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least $2500.00.

Borrower has worked in the same position for more than 3 years.

SitusAMC

Reviewer Comment (2026-07-17): XXXXX

Reviewer Comment (2026-07-15): XXXXX

Reviewer Comment (2026-07-14): XXXXX

Seller Comment (2026-07-13): XXXXX

Reviewer Comment (2026-07-10): XXXXX

Reviewer Comment (2026-06-22): XXXXX

Seller Comment (2026-06-22): XXXXX

Reviewer Comment (2026-05-27): XXXXX

Seller Comment (2026-05-27): XXXXX

Reviewer Comment (2026-05-18): XXXXX

Seller Comment (2026-05-18): XXXXX

Reviewer Comment (2026-05-14): XXXXX

Seller Comment (2026-05-13): XXXXX

Reviewer Comment (2026-05-12): XXXXX

07/17/2026

Yes

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35256949

36344750

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. Appraisal was provided. No secondary valuation was provided. Sec ID: 114

The file is missing a copy of the secondary valuation required for securitization purposes.

Reviewer Comment (2026-05-19): XXXXX

Reviewer Comment (2026-05-13): XXXXX

05/19/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35256949

36467639

Credit

Miscellaneous

Guideline

Credit Exception:

Missing Secondary Valuation required by guidelines. Per guidelines LCA or CU Score <= 2.5 is acceptable. LCA/CU score not provided.

Reviewer Comment (2026-05-19): XXXXX

05/19/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32174855

36332310

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/27/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32174855

36332926

Compliance

State Compliance

Misc. State Level

(TX50(a)(6)) Texas Cash-out Loan (The lender/Assignee cannot conclusively rely on the Value on the Acknowledgement of Fair Market Value as the loan file does not contain an Appraisal)

Reviewer Comment (2026-04-29): XXXXX

Reviewer Comment (2026-04-28): XXXXX

Seller Comment (2026-04-28): XXXXX

04/29/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32174855

36332927

Compliance

State Compliance

Misc. State Level

(TX50(a)(6)) Texas Cash-out Loan (T-42 Endorsement Not Obtained)

Reviewer Comment (2026-04-29): XXXXX

Reviewer Comment (2026-04-28): XXXXX

Seller Comment (2026-04-28): XXXXX

04/29/2026

Primary

Refinance - Cash-out - Other

The endorsements would be required at the time of original title policy issuance, there is not an obvious remediation

Safe Harbor QM (APOR)

[redacted]

32174855

36332928

Compliance

State Compliance

State Defect

(TX50(a)(6)) Texas Cash-out Loan (Fannie Mae forms not used for closing of home equity loan)

XXXXX Constitution Section 50(a)(6): XXXXX forms not used for closing of home equity loan.

Reviewer Comment (2026-04-29): XXXXX

Reviewer Comment (2026-04-28): XXXXX

Seller Comment (2026-04-28): XXXXX

04/29/2026

Primary

Refinance - Cash-out - Other

The failure to use FNMA Documents does not present a clear remediation path.

Safe Harbor QM (APOR)

[redacted]

30498157

36269379

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/14/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34723450

36313848

Compliance

Federal Compliance

TRID Defect

TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $275.00 exceeds tolerance of $248.00 plus 10% or $272.80. $2.20 over legal limit. Insufficient or no cure was provided to the borrower.

10% tolerance was exceeded by $272.80 due to an increase in the recording fee. No valid COC was provided, nor was evidence of cure found in the file. Provide a post-close Closing Disclosure disclosing the tolerance cure to include $2.20, a copy of the refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-05-04): XXXXX

Seller Comment (2026-05-01): XXXXX

05/04/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

34723450

36313857

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/24/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34723450

36313861

Credit

Legal / Regulatory / Compliance

Title / Lien Defect

Title

Title Policy is Preliminary or Commitment, and not a Final Title Policy.

The file was missing a copy of the final title policy.

Reviewer Comment (2026-05-13): XXXXX

05/13/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34723450

36313868

Credit

Title

Document Error

Title

The Commitment or Preliminary title policy does not reflect a coverage amount (no final title policy in file). Unable to determine if appropiate coverage is provided.

The preliminary title report in the file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount.

Reviewer Comment (2026-05-13): XXXXX

Seller Comment (2026-05-11): XXXXX

Reviewer Comment (2026-04-30): XXXXX

Seller Comment (2026-04-28): XXXXX

05/13/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31164609

36424384

Compliance

State Compliance

Misc. State Level

Ohio Consumer Sales Practices Act (No Documentation of Tangible Net Benefit Analysis)

XXXXX Consumer Sales Practices Act: Mortgage loan file does not contain documentation of the analysis of the borrower's reasonable tangible net benefit.

Reviewer Comment (2026-05-19): XXXXX

Seller Comment (2026-05-18): XXXXX

Reviewer Comment (2026-05-14): XXXXX

Seller Comment (2026-05-14): XXXXX

05/19/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31164609

36424432

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/12/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33071418

36324901

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/24/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

32846625

36323485

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/24/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34516398

36322862

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. Appraisal from prior transaction was in file. No secondary valuation was provided. Sec ID: 49

Note Date: ___; Lien Position: ___

Reviewer Comment (2026-04-27): XXXXX

Seller Comment (2026-04-27): XXXXX

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30708255

36328020

Compliance

Federal Compliance

TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form

Notice of Right to Cancel Missing

Truth in Lending Act: Notice of Right to Cancel was not provided.

Notice of Right to Cancel was not provided.

Reviewer Comment (2026-05-04): XXXXX

Seller Comment (2026-04-30): XXXXX

05/04/2026

Primary

Refinance - Cash-out - Other

TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form

Safe Harbor QM (APOR)

Yes

[redacted]

30708255

36328033

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/27/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38956514

36299996

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/21/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

38956514

36307067

Credit

Loan Package Documentation

Application / Processing

Loan Package Documentation

Missing Document: Note - Senior Lien not provided

File is missing a copy of the first lien mortgage statement required to verify PITI breakdown.

Reviewer Comment (2026-04-24): XXXXX

Seller Comment (2026-04-24): XXXXX

04/24/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

39092421

36323362

Compliance

State Compliance

State Defect

(TX50(a)(6)) Texas Cash-out Loan (Fannie Mae forms not used for closing of home equity loan)

XXXXX Constitution Section 50(a)(6): XXXXX forms not used for closing of home equity loan.

XXXXX forms not used for closing of home equity loan.

Reviewer Comment (2026-04-29): XXXXX

Seller Comment (2026-04-28): XXXXX

04/29/2026

Primary

Refinance - Cash-out - Other

The failure to use FNMA Documents does not present a clear remediation path.

Safe Harbor QM (APOR)

[redacted]

39092421

36323368

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 325

Note Date: ___; Lien Position: ___

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief.

04/24/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33060925

36306694

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/22/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33503179

36408225

Compliance

Federal Compliance

TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form

Incorrect Right To Cancel Form Used - H-9 Used on Non Same Lender Refinance

Right to Cancel was issued on incorrect form. TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form. H-8 Form must be used as lender is not the same as originating lender.

Reviewer Comment (2026-06-17): XXXXX

Seller Comment (2026-06-15): XXXXX

Reviewer Comment (2026-06-12): XXXXX

Seller Comment (2026-06-12): XXXXX

Reviewer Comment (2026-06-09): XXXXX

Seller Comment (2026-06-08): XXXXX

Reviewer Comment (2026-06-02): XXXXX

Seller Comment (2026-06-01): XXXXX

Reviewer Comment (2026-05-25): XXXXX

Seller Comment (2026-05-20): XXXXX

06/17/2026

Primary

Refinance - Cash-out - Other

TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form

Safe Harbor QM (APOR)

Yes

[redacted]

33503179

36408297

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/08/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37921668

36364812

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. Appraisal from prior transaction was in file. No secondary valuation was provided. Sec ID: 49

Note Date: ___; Lien Position: ___

The file is missing a copy of the secondary valuation required for securitization purposes.

Reviewer Comment (2026-05-11): XXXXX

Seller Comment (2026-05-08): XXXXX

Reviewer Comment (2026-05-05): XXXXX

Seller Comment (2026-05-05): XXXXX

05/11/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37921668

36364826

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail.

Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared.

Reviewer Comment (2026-06-03): XXXXX

06/03/2026

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

Safe Harbor QM (APOR)

Yes

[redacted]

37921668

36364827

Compliance

Federal Compliance

ATR/QM Defect

QM Points and Fees XXXXX

Qualified Mortgage (Dodd Frank XXXXX): Points and Fees on subject loan of 3.57886% is in excess of the allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total $XXX on a Federal Total Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $XXX or .57886%).

QM Points and Fees threshold exceeded by $XXX or .57886%. Loan was consummated after XX/XX/XX. For loans consummated after this date, there is no longer any cure mechanism available for QM points and fees violations.

Reviewer Comment (2026-06-03): XXXXX

Seller Comment (2026-05-28): XXXXX

Reviewer Comment (2026-05-19): XXXXX

Seller Comment (2026-05-15): XXXXX

Reviewer Comment (2026-05-13): XXXXX

Seller Comment (2026-05-11): XXXXX

06/03/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31415187

36343108

Credit

Title

Document Error

Title

The Commitment or Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.

Title Evidence: ___;

State: ___

Final Title Policy will be provided as a trailing document.

Final Title Policy will be provided as a trailing document

SitusAMC,Aggregator

Reviewer Comment (2026-10-12): XXXXX

04/29/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31415187

36343113

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 325

Note Date: ___; Lien Position: ___

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief.

04/29/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39101512

36523850

Compliance

Federal Compliance

TRID

TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $387.75 exceeds tolerance of $250.00. Sufficient or excess cure was provided to the borrower at Closing.

Credit Report fee was last disclosed as $250.00 on Loan Estimate but disclosed as $387.75 in Final Closing Disclosure. Sufficient or excess cure was provided to the borrower at closing.

Reviewer Comment (2026-05-18): XXXXX

05/18/2026

Primary

Refinance - Cash-out - Other

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

[redacted]

39101512

36523851

Compliance

Federal Compliance

TRID

TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Verification Fee. Fee Amount of $139.90 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing.

Verification fee was last disclosed as $0.00 on Loan Estimate but disclosed as $139.90 in Final Closing Disclosure. Sufficient or excess cure was provided to the borrower at closing.

Reviewer Comment (2026-05-18): XXXXX

05/18/2026

Primary

Refinance - Cash-out - Other

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

[redacted]

39101512

36523891

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/20/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39101512

36543344

Credit

Loan Package Documentation

Application / Processing

Loan Package Documentation

Missing Document: Note - Senior Lien not provided

File is missing a copy of the first lien mortgage statement required to verify a breakdown of PITI.

Reviewer Comment (2026-05-21): XXXXX

05/21/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31550457

36270709

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/14/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31550457

36270712

Credit

Income / Employment

Income Documentation

Income / Employment

Income Docs Missing:

Award letter or 1099 is missing for XXXXX.

Reviewer Comment (2026-04-15): XXXXX

Seller Comment (2026-04-15): XXXXX

04/15/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31550457

36270737

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Risk.

Loan designation failure due to QM failure. This exception will be cleared once all QM specific exceptions have been cured/cleared.

Reviewer Comment (2026-04-15): XXXXX

04/15/2026

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

Safe Harbor QM (APOR)

Yes

[redacted]

31550457

36270738

Compliance

Federal Compliance

ATR/QM Defect

Loan does not meet one or more guideline components which could impact the borrower's ability to repay.

General QM: Based on the loan failing one or more guideline components, the loan is at QM risk.

Based on the loan failing the income guideline components, the loan is at QM risk.

Reviewer Comment (2026-04-15): XXXXX

04/15/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34544286

36327889

Compliance

Federal Compliance

TRID Defect

TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $605.00 exceeds tolerance of $495.00. $110.00 over legal limit. Insufficient or no cure was provided to the borrower.

Appraisal Fee was last disclosed as $495.00 on LE but disclosed as $605.00 on Final Closing Disclosure. File does not contain a valid Change of Circumstance for this fee, nor evidence of cure in file. Provide a post-close Closing Disclosure disclosing the tolerance cure to include $110.00, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-05-11): XXXXX

05/11/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

34544286

36327891

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 325

Note Date: ___; Lien Position: ___

Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.

04/27/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39746297

36307198

Compliance

Federal Compliance

TRID Defect

TRID Initial Loan Estimate Timing Electronically Provided

Disclosures were sent to borrower prior to obtaining consent for electronic disclosure from borrower. Lender to provide proof of consent within initial 3 days of application OR proof of disclosure sent to borrower using another method within 3 days of application.

Reviewer Comment (2026-05-11): XXXXX

Seller Comment (2026-05-08): XXXXX

Reviewer Comment (2026-05-08): XXXXX

Seller Comment (2026-05-07): XXXXX

Reviewer Comment (2026-05-01): XXXXX

Seller Comment (2026-04-30): XXXXX

05/11/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39746297

36307207

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 325

Note Date: ___; Lien Position: ___

04/23/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38581233

36268664

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/14/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30223019

36256681

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Property Costs Year 1 Underdisclosed - XXXXX

TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of 20,384.04 on Final Closing Disclosure provided on XX/XX/XX are underdisclosed

Loan Disclosures: Amount of Estimated Property Costs over Year 1 of $20,384.04 on Final Closing Disclosure provided on XX/XX/XX is under-disclosed.

Reviewer Comment (2026-04-21): XXXXX

Seller Comment (2026-04-20): XXXXX

04/21/2026

Primary

Refinance - Cash-out - Other

Letter of Explanation & Corrected Closing Disclosure

Safe Harbor QM (APOR)

Yes

[redacted]

30223019

36256682

Compliance

Federal Compliance

TRID Defect

TRID Revised Loan Estimate Timing Before Closing

TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on XX/XX/XX not received by borrower at least four (4) business days prior to closing.

Revised Loan Estimate provided on XX/XX/XX was not received by borrower at least four (4) business days prior to closing.

Reviewer Comment (2026-04-21): XXXXX

Seller Comment (2026-04-20): XXXXX

Reviewer Comment (2026-04-15): XXXXX

Seller Comment (2026-04-14): XXXXX

04/21/2026

Primary

Refinance - Cash-out - Other

No Defined Cure

Safe Harbor QM (APOR)

[redacted]

31064761

36155549

Compliance

Federal Compliance

TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form

Incorrect Right To Cancel Form Used - H-9 Used on Non Same Lender Refinance

Although the new lender is the prior originating lender of the existing 1st lien, no mortgages are paid off through closing. Notice of Right to Cancel form H-8 is required.

Reviewer Comment (2026-02-10): XXXXX

Buyer Comment (2026-02-06): XXXXX

Reviewer Comment (2026-02-06): XXXXX

Buyer Comment (2026-02-04): XXXXX

Reviewer Comment (2026-02-04): XXXXX

Buyer Comment (2026-02-02): XXXXX

Reviewer Comment (2025-12-29): XXXXX

Buyer Comment (2025-12-24): XXXXX

02/10/2026

Primary

Refinance - Cash-out - Other

TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form

Safe Harbor QM (APOR)

Yes

[redacted]

31372122

36307457

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/23/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33827453

36501941

Compliance

Federal Compliance

TRID Defect

TRID Initial Closing Disclosure Timing without Waiver Test

TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing.

Closing Disclosure was not provided to Borrower(s) at least three (3) business days prior to closing.

Reviewer Comment (2026-05-29): XXXXX

Reviewer Comment (2026-05-27): XXXXX

05/29/2026

Primary

Refinance - Cash-out - Other

No Defined Cure

Safe Harbor QM (APOR)

[redacted]

31269879

36306898

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/23/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35425381

36386961

Compliance

Federal Compliance

TRID

TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $80.00 exceeds tolerance of $40.00 plus 10% or $44.00. Sufficient or excess cure was provided to the borrower at Closing.

10% tolerance was exceeded by $36.00 due to an increase in recording fee. No valid COC was provided, nor was evidence of cure found in the file.

Reviewer Comment (2026-05-01): XXXXX

05/01/2026

Primary

Refinance - Cash-out - Other

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

[redacted]

35425381

36386964

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/05/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35425381

36386967

Credit

Title

General

Title

Title Policy Coverage is less than Original Loan Amount.

The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.

The preliminary title report in the file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount.

Final Title Policy will be provided as a trailing document.

Final Title Policy will be provided as a trailing document

SitusAMC,Aggregator

Reviewer Comment (2026-10-12): XXXXX

05/05/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32057453

36456467

Compliance

Federal Compliance

TRID Defect

TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $1,256.50 exceeds tolerance of $980.00. $276.50 over legal limit. Insufficient or no cure was provided to the borrower.

Loan discount points fee was disclosed as $980.00 on the Loan Estimate but disclosed as $1,256.50 in the Final Closing Disclosure. The file does not contain a valid Change of Circumstance for this fee, nor evidence of cure in the file. Provide a post-close Closing Disclosure disclosing the tolerance cure to include $276.50, a copy of the refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-05-22): XXXXX

Seller Comment (2026-05-21): XXXXX

05/22/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

32057453

36456488

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 325

Note Date: ___; Lien Position: ___

Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.

05/14/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32057453

36477990

Credit

AUS Discrepancy / Guidelines Discrepancy

Guideline

Guideline Requirement: Investor qualifying total debt ratio discrepancy.

Calculated investor qualifying total debt ratio of 50.41755% exceeds Guideline total debt ratio of 50.00000%. Due to the difference of the required first lien monthly escrow that was not included in original DTI calculation.

Reviewer Comment (2026-05-26): XXXXX

Seller Comment (2026-05-26): XXXXX

Reviewer Comment (2026-05-20): XXXXX

Seller Comment (2026-05-20): XXXXX

Reviewer Comment (2026-05-18): XXXXX

Seller Comment (2026-05-18): XXXXX

05/26/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32057453

36477994

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Risk.

Exception will be reviewed/cleared upon review of QM DTI failure exception.

Reviewer Comment (2026-05-26): XXXXX

05/26/2026

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

Safe Harbor QM (APOR)

Yes

[redacted]

32057453

36477995

Compliance

Federal Compliance

ATR/QM Defect

General QM Provision Investor and QM DTIs match and both moderately exceed Guidelines

General QM: The DTI calculated in accordance with the Lenders Guidelines and 1026.43(e) of 50.41755% moderately exceeds the guideline maximum of 50.00%. (DTI Exception is eligible to be regraded with compensating factors.)

The DTI calculated in accordance with the Lenders Guidelines and 1026.43(e) of 50.41755% moderately exceeds the guideline maximum of 50.00%. Due to the difference of the required first lien monthly escrow that was not included in original DTI calculation.

Reviewer Comment (2026-05-26): XXXXX

05/26/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32057453

36478011

Compliance

Federal Compliance

ATR/QM Defect

Loan does not meet one or more guideline components which could impact the borrower's ability to repay.

General QM Provision: Loan does not meet one or more guideline components which could impact the borrower's ability to repay.

Exception will be reviewed/cleared upon review of QM DTI failure exception.

Reviewer Comment (2026-05-26): XXXXX

05/26/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34821067

36314556

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/24/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34821067

36314569

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail.

Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared.

Reviewer Comment (2026-05-19): XXXXX

05/19/2026

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

Safe Harbor QM (APOR)

Yes

[redacted]

34821067

36314570

Compliance

Federal Compliance

ATR/QM Defect

QM Points and Fees XXXXX

Qualified Mortgage (Dodd Frank XXXXX): Points and Fees on subject loan of 4.02128% is in excess of the allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total $XXX on a Federal Total Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $XXX or 1.02128%).

QM Points and Fees threshold exceeded by $XXX or 1.02128%. Loan was consummated after XX/XX/XX. For loans consummated after this date, there is no longer any cure mechanism available for QM points and fees violations.

Reviewer Comment (2026-05-19): XXXXX

Seller Comment (2026-05-18): XXXXX

Reviewer Comment (2026-05-01): XXXXX

05/19/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31990265

36347437

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/29/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39914767

36523014

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/21/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39108023

36440043

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/14/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39108023

36441249

Compliance

Federal Compliance

TRID Defect

TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for HOA/Condo Questionnaire. Fee Amount of $504.95 exceeds tolerance of $250.00. $254.95 over legal limit. Insufficient or no cure was provided to the borrower.

Appraisal Fee was last disclosed as $250.00 on Loan Estimate, but disclosed as $504.95 on Final Closing Disclosure. The file does not contain a valid Change of Circumstance for this fee, nor evidence of cure in the file. Provide a post-close Closing Disclosure disclosing the tolerance cure to include $254.95, a copy of the refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-06-16): XXXXX

Reviewer Comment (2026-06-05): XXXXX

Seller Comment (2026-06-05): XXXXX

Reviewer Comment (2026-05-29): XXXXX

Seller Comment (2026-05-27): XXXXX

Reviewer Comment (2026-05-22): XXXXX

06/16/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

39916388

36534747

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/21/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35353377

36363588

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/01/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34439125

36426354

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/12/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37052386

36585327

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/29/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31072462

36346046

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/29/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39630123

36356551

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/30/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39630123

36357319

Credit

Credit Documentation

Missing Document

Missing Document: Credit Report not provided

Credit report is missing.

Reviewer Comment (2026-05-04): XXXXX

05/04/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39630123

36362344

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Risk.

File is missing the credit report.

Reviewer Comment (2026-05-04): XXXXX

05/04/2026

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

Safe Harbor QM (APOR)

Yes

[redacted]

39630123

36362345

Compliance

Federal Compliance

ATR/QM Defect

Loan does not meet one or more guideline components which could impact the borrower's ability to repay.

General QM Provision: Loan does not meet one or more guideline components which could impact the borrower's ability to repay.

File is missing the credit report.

Reviewer Comment (2026-05-04): XXXXX

05/04/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39630123

36362360

Credit

AUS Discrepancy / Guidelines Discrepancy

Guideline

AUS/Guideline Findings: All conditions were not met

File is missing the credit report.

Reviewer Comment (2026-05-04): XXXXX

05/04/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39630123

36362368

Compliance

Federal Compliance

ATR/QM Defect

Guideline Deficiency - QM Impact

General QM: There are guideline deficiencies which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.)

File is missing the credit report.

Reviewer Comment (2026-05-04): XXXXX

05/04/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39868507

36382775

Credit

Title

Document Error

Title

The Commitment or Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.

Title Evidence: ___;

State: ___

Final Title Policy will be provided as a trailing document.

Final Title Policy will be provided as a trailing document

SitusAMC,Aggregator

Reviewer Comment (2026-10-12): XXXXX

05/05/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39868507

36382777

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/05/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39868507

36382870

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail.

Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared.

Reviewer Comment (2026-06-03): XXXXX

06/03/2026

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

Safe Harbor QM (APOR)

Yes

[redacted]

39868507

36382871

Compliance

Federal Compliance

ATR/QM Defect

QM Points and Fees XXXXX

Qualified Mortgage (Dodd Frank XXXXX): Points and Fees on subject loan of 4.05084% is in excess of the allowable maximum of the greater of .00000% of the Federal Total Loan Amount and $4139.00 (XXXXX). Points and Fees total $XXX on a Federal Total Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $XXX or 4.05084%).

Points and Fees on subject loan of 4.05084% is in excess of the allowable maximum of the greater of .00000% of the Federal Total Loan Amount and $XXX (XXXXX). Points and Fees total $XXX on a Federal Total Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $XXX or 4.05084%).

Reviewer Comment (2026-06-03): XXXXX

Seller Comment (2026-05-29): XXXXX

Reviewer Comment (2026-05-22): XXXXX

Seller Comment (2026-05-20): XXXXX

Reviewer Comment (2026-05-13): XXXXX

Seller Comment (2026-05-11): XXXXX

06/03/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36770592

36345658

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/29/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37637649

36385948

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/05/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34572644

36382004

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 325

Note Date: ___; Lien Position: ___

05/05/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30121262

36574421

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/29/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30121262

36574458

Compliance

Federal Compliance

TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form

TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date

Truth in Lending Act: Subject loan transaction disbursed on XX/XX/XX, prior to three (3) business days from transaction date of XX/XX/XX.

Loan was disbursed prior to midnight of the third business day after consummation. Lender to reopen rescission, provide a copy of the new Right to Cancel form, a copy of the Letter of Explanation sent to the borrower, and proof of delivery. Note: This exception will not be cleared until the expiration of the new rescission period.

Reviewer Comment (2026-06-09): XXXXX

Seller Comment (2026-06-05): XXXXX

06/09/2026

Primary

Refinance - Cash-out - Other

TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form

Safe Harbor QM (APOR)

Yes

[redacted]

30121262

36574502

Compliance

Federal Compliance

TRID Defect

TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $-615.13 exceeds tolerance of $-683.63. Insufficient or no cure was provided to the borrower.

Zero Percent Fee Tolerance was exceeded for Lender Credits. The final Lender Credit of $-615.13 exceeds the tolerance of $-683.63. Insufficient or no cure was provided to the borrower.

Reviewer Comment (2026-06-08): XXXXX

Seller Comment (2026-06-05): XXXXX

06/08/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

36290457

36398916

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/07/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37211381

36544524

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/22/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32283664

36307961

Compliance

Federal Compliance

TRID Defect

TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Reinspection Fee. Fee Amount of $55.00 exceeds tolerance of $0.00. $55.00 over legal limit. Insufficient or no cure was provided to the borrower.

Reinspection Fee was last disclosed as $0.00 on Loan Estimate but disclosed as $55.00 on Final Closing Disclosure. File does not contain a valid Change of Circumstance for this fee, nor evidence of cure in file. Provide a post-close Closing Disclosure disclosing the tolerance cure to include $55.00, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-06-03): XXXXX

Reviewer Comment (2026-05-27): XXXXX

Seller Comment (2026-05-26): XXXXX

Reviewer Comment (2026-05-12): XXXXX

Reviewer Comment (2026-05-01): XXXXX

06/03/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

32283664

36307965

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 325

Note Date: ___; Lien Position: ___

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief.

04/23/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38911570

36306129

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. Appraisal from prior transaction was in file. No secondary valuation was provided. Sec ID: 49

Note Date: ___; Lien Position: ___

Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.

Reviewer Comment (2026-05-14): XXXXX

Reviewer Comment (2026-04-30): XXXXX

Seller Comment (2026-04-30): XXXXX

05/14/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38911570

36306142

Credit

Title

General

Title

Title Policy Coverage is less than Original Loan Amount.

The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.

Final Title Policy will be provided as a trailing document.

Final Title Policy will be provided as a trailing document

SitusAMC,Aggregator

Reviewer Comment (2026-10-12): XXXXX

04/22/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38911570

36307416

Credit

Income / Employment

Income Documentation

Income / Employment

The verification of employment is required and was not found in file.

Reviewer Comment (2026-04-27): XXXXX

04/27/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38911570

36307417

Credit

Income / Employment

Income Documentation

Income / Employment

Verification(s) of employment is not within 10 business days of the Note.

Reviewer Comment (2026-04-27): XXXXX

04/27/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31347560

36368127

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/01/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31347560

36368147

Credit

Insurance

Insurance Analysis

Insurance

Insufficient Coverage: Hazard insurance coverage amount is insufficient.

HOI coverage is insufficient by $37,356.00. Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate supporting current coverage amount.

Reviewer Comment (2026-05-06): XXXXX

05/06/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31347560

36368170

Compliance

Legal / Regulatory / Compliance

Anti-Predatory Violation

Federal Defect

(Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)

Truth in Lending Act (HOEPA): HOEPA disclosure was not provided to the Borrower

Total fees financed by lender exceed permitted threshold. HOEPA Disclosure is not located in file.

Reviewer Comment (2026-05-05): XXXXX

05/05/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31347560

36368171

Compliance

Legal / Regulatory / Compliance

Anti-Predatory Violation

Federal Defect

(Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)

Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.

Total fees financed by lender is $3,582.50. Threshold maximum is $3,486.01.

Reviewer Comment (2026-05-05): XXXXX

05/05/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31347560

36368172

Compliance

Legal / Regulatory / Compliance

Anti-Predatory Violation

Federal Defect

(Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)

Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due or grace period of less than 15 days.

Total fees financed by lender exceed permitted threshold. Late charge exceeds maximum of 4% of amount past due and/or grace period of 15 days.

Reviewer Comment (2026-05-05): XXXXX

Seller Comment (2026-05-04): XXXXX

05/05/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31347560

36368173

Compliance

Federal Compliance

Federal Defect

(Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)

Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.40733% is in excess of the allowable maximum of 5.00000% of the Federal Total Loan Amount. Points and Fees of $XXX on a Federal Total Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $XXX or .40733%). Non-Compliant High Cost Loan.

Total fees financed by lender is $XXX. Threshold maximum is $3,486.01.

Reviewer Comment (2026-05-05): XXXXX

05/05/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

Yes

[redacted]

31347560

36368174

Compliance

Legal / Regulatory / Compliance

Anti-Predatory Violation

Federal Defect

(Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)

Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.

Total fees financed by lender exceed permitted threshold. Pre-Loan Counseling status is not located in file.

Reviewer Comment (2026-05-05): XXXXX

05/05/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31347560

36370497

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail.

Loan designation failure due to QM failure. This exception will be cleared once all QM-specific exceptions have been cured/cleared.

Reviewer Comment (2026-05-05): XXXXX

05/05/2026

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

Safe Harbor QM (APOR)

Yes

[redacted]

31347560

36370498

Compliance

Federal Compliance

ATR/QM Defect

QM Points and Fees XXXXX

Qualified Mortgage (Dodd Frank XXXXX): Points and Fees on subject loan of 5.40733% is in excess of the allowable maximum of 5.00000% of the Federal Total Loan Amount. Points and Fees total $XXX on a Federal Total Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $283.99 or .40733%).

QM Points and Fees exceed allowable threshold by $XXX or 0.13840%.

Reviewer Comment (2026-05-05): XXXXX

05/05/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31350008

36414998

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/11/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31350008

36415028

Compliance

Federal Compliance

TRID

TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $133.00 exceeds tolerance of $132.00. Sufficient or excess cure was provided to the borrower at Closing.

Credit Report Fee was last disclosed as $132.00 on Loan Estimate but disclosed as $133.00 on Final Closing Disclosure. The file does not contain a valid Change of Circumstance for this fee, nor evidence of cure. Provide a post-closing Closing Disclosure disclosing the tolerance cure of $1.00, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-05-07): XXXXX

05/07/2026

Primary

Refinance - Cash-out - Other

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

[redacted]

38248792

36363053

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/01/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39843786

36362089

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/01/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34289810

36364498

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/01/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32214600

36364144

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/01/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

31212985

36536057

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 325

Note Date: ___; Lien Position: ___

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief.

05/21/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31212985

36536101

Compliance

State Compliance

State Defect

(TX50(a)(6)) Texas Cash-out Loan (Fannie Mae forms not used for closing of home equity loan)

XXXXX Constitution Section 50(a)(6): XXXXX forms not used for closing of home equity loan.

XXXXX forms not used for closing of home equity loan.

Reviewer Comment (2026-05-27): XXXXX

Seller Comment (2026-05-26): XXXXX

05/27/2026

Primary

Refinance - Cash-out - Other

The failure to use FNMA Documents does not present a clear remediation path.

Safe Harbor QM (APOR)

[redacted]

39613401

36467585

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/15/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34806658

36362502

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/01/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32366738

36544664

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.

05/22/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38079551

36364026

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.

05/01/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38079551

36364450

Credit

Insurance

Insurance Analysis

Insurance

Insufficient Coverage: Hazard insurance coverage amount is insufficient.

HOI coverage is insufficient by $114,648.00. Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate supporting current coverage amount.

Reviewer Comment (2026-05-06): XXXXX

Seller Comment (2026-05-06): XXXXX

05/06/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39157922

36414064

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/11/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38224997

36404247

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/08/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38224997

36405601

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail.

Loan designation failure due to QM failure. This exception will be cleared once all QM specific exceptions have been cured/cleared.

Reviewer Comment (2026-05-26): XXXXX

Seller Comment (2026-05-26): XXXXX

05/26/2026

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

Safe Harbor QM (APOR)

Yes

[redacted]

38224997

36405602

Compliance

Federal Compliance

ATR/QM Defect

General QM Provision Income and Assets - Wages

General QM: Unable to verity income due to, missing W-2, Paystub, LES, ETS or WVOE.

Missing paystub and W2 or WVOE.

Reviewer Comment (2026-05-26): XXXXX

Seller Comment (2026-05-26): XXXXX

05/26/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38224997

36405610

Credit

Income / Employment

Income Documentation

Income / Employment

Income Docs Missing:

Missing paystub and W2 or WVOE.

Reviewer Comment (2026-05-26): XXXXX

Seller Comment (2026-05-26): XXXXX

05/26/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38224997

36406372

Compliance

Federal Compliance

ATR/QM Defect

Loan does not meet one or more guideline components which could impact the borrower's ability to repay.

General QM Provision: Loan does not meet one or more guideline components which could impact the borrower's ability to repay.

Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Income documents not provided for XXXXX. Paystubs, W2 and/or Work number including income not provided.

Reviewer Comment (2026-05-26): XXXXX

Seller Comment (2026-05-26): XXXXX

05/26/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39760551

36363663

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/01/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39994942

36363213

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/01/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

30177987

36534123

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/21/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

30177987

36534140

Compliance

Federal Compliance

TRID Defect

TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $30.00 exceeds tolerance of $0.00. $30.00 over legal limit. Insufficient or no cure was provided to the borrower.

Transfer Tax Fee was last disclosed as $0.00 on LE but disclosed as $30.00 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $30.00, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-06-03): XXXXX

Seller Comment (2026-06-02): XXXXX

06/03/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Higher Priced QM (APOR)

Yes

[redacted]

32090183

36363660

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/01/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35764409

36364249

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/01/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35764409

36364443

Compliance

Federal Compliance

Federal HPML

TIL Higher Priced Mortgage Loan Safe Harbor Test

TILA HPML appraisal Rule (Dodd-Frank XXXXX): Safe Harbor requirements not satisfied.

Reviewer Comment (2026-05-06): XXXXX

05/06/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31019416

36250005

Credit

Income / Employment

Income Documentation

Income / Employment

Income Docs Missing:

The file was missing a copy of the VVOE within 10 days from Note date

Reviewer Comment (2026-04-10): XXXXX

Seller Comment (2026-04-10): XXXXX

04/10/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31019416

36250032

Credit

Income / Employment

Income Documentation

Income / Employment

Verification(s) of employment is not within 10 business days of the Note.

Verification(s) of employment is not within 10 business days of the Note

Reviewer Comment (2026-04-10): XXXXX

Seller Comment (2026-04-10): XXXXX

04/10/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31019416

36250033

Credit

Income / Employment

Income Documentation

Income / Employment

Verification(s) of employment is not within 10 business days of the Note.

Verification(s) of employment is not within 10 business days of the Note

Reviewer Comment (2026-04-10): XXXXX

Seller Comment (2026-04-10): XXXXX

04/10/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31019416

36250054

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Risk.

Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared.

Reviewer Comment (2026-04-10): XXXXX

04/10/2026

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

Safe Harbor QM (APOR)

Yes

[redacted]

31019416

36250055

Compliance

Federal Compliance

ATR/QM Defect

Loan does not meet one or more guideline components which could impact the borrower's ability to repay.

General QM: Based on the loan failing one or more guideline components, the loan is at QM risk.

ATR failure due to insufficient income documentation. This exception will be cleared once all ATR specific exceptions have been cured/cleared.

Reviewer Comment (2026-04-10): XXXXX

04/10/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31019416

36250056

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Estimated Taxes, Insurance And Assessments

Projected Payments: Final Closing Disclosure provided on XX/XX/XX disclosed an Estimated Taxes, Insurance, and Assessments payment that does not match the actual payment for the loan.

Reviewer Comment (2026-04-28): XXXXX

Seller Comment (2026-04-27): XXXXX

Reviewer Comment (2026-04-23): XXXXX

Seller Comment (2026-04-22): XXXXX

04/28/2026

Primary

Refinance - Cash-out - Other

TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable

Safe Harbor QM (APOR)

Yes

[redacted]

31019416

36250057

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Property Costs Year 1 Underdisclosed - XXXXX

TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of on Final Closing Disclosure provided on XX/XX/XX are underdisclosed

Loan Disclosures: Amount of Estimated Property Costs over Year 1 of on Final Closing Disclosure provided on XX/XX/XX are under disclosed

Reviewer Comment (2026-04-28): XXXXX

Seller Comment (2026-04-27): XXXXX

Reviewer Comment (2026-04-23): XXXXX

Seller Comment (2026-04-22): XXXXX

04/28/2026

Primary

Refinance - Cash-out - Other

Letter of Explanation & Corrected Closing Disclosure

Safe Harbor QM (APOR)

Yes

[redacted]

31019416

36250059

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Will Not Have Escrow - Property Costs Year 1

TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XX/XX/XX did not disclose Estimated Property Costs over Year 1 for loan with no escrow account established.

Loan Disclosures: Final Closing Disclosure provided on XX/XX/XX did not disclose Estimated Property Costs over Year 1 for loan with no escrow account established.

Reviewer Comment (2026-04-28): XXXXX

Seller Comment (2026-04-27): XXXXX

Reviewer Comment (2026-04-23): XXXXX

Seller Comment (2026-04-22): XXXXX

04/28/2026

Primary

Refinance - Cash-out - Other

Letter of Explanation & Corrected Closing Disclosure

Safe Harbor QM (APOR)

Yes

[redacted]

31019416

36250060

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Will Not Have Escrow - Reason

TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XX/XX/XX incorrectly disclosed whether the loan will have an escrow account.

Loan Disclosures: Final Closing Disclosure provided on XX/XX/XX incorrectly disclosed whether the loan will have an escrow account.

Reviewer Comment (2026-04-28): XXXXX

Seller Comment (2026-04-27): XXXXX

Reviewer Comment (2026-04-23): XXXXX

Seller Comment (2026-04-22): XXXXX

04/28/2026

Primary

Refinance - Cash-out - Other

Letter of Explanation & Corrected Closing Disclosure

Safe Harbor QM (APOR)

Yes

[redacted]

39824706

36249783

Compliance

Federal Compliance

TRID Defect

TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $524.00 exceeds tolerance of $75.00. $449.00 over legal limit. Insufficient or no cure was provided to the borrower.

Appraisal fee was disclosed as $75.00 on LE but disclosed as $524.00 in Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $449, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-04-17): XXXXX

Seller Comment (2026-04-16): XXXXX

Reviewer Comment (2026-04-16): XXXXX

Seller Comment (2026-04-15): XXXXX

Reviewer Comment (2026-04-13): XXXXX

Seller Comment (2026-04-10): XXXXX

04/17/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

39824706

36249788

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.

04/09/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35137462

36250646

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Will Not Have Escrow - Reason

TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XX/XX/XX incorrectly disclosed whether the loan will have an escrow account.

Final Closing Disclosure provided on XX/XX/XX incorrectly disclosed whether the loan will have an escrow account.

Reviewer Comment (2026-04-14): XXXXX

Seller Comment (2026-04-13): XXXXX

Reviewer Comment (2026-04-13): XXXXX

Seller Comment (2026-04-10): XXXXX

04/14/2026

Primary

Refinance - Cash-out - Other

Letter of Explanation & Corrected Closing Disclosure

Safe Harbor QM (APOR)

Yes

[redacted]

35137462

36250647

Compliance

Federal Compliance

TRID Defect

TRID Initial Loan Estimate Timing Electronically Provided

Reviewer Comment (2026-04-13): XXXXX

Seller Comment (2026-04-10): XXXXX

04/13/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35359849

36249710

Compliance

Federal Compliance

Compliance

Subject to Rescission

Loan is subject to Rescission.

Reviewer Comment (2026-04-21): XXXXX

04/21/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35359849

36249713

Compliance

Federal Compliance

TRID Defect

TRID Initial Closing Disclosure Timing without Waiver Test

TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing.

Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing.

Reviewer Comment (2026-04-14): XXXXX

Seller Comment (2026-04-13): XXXXX

Reviewer Comment (2026-04-13): XXXXX

Seller Comment (2026-04-10): XXXXX

04/14/2026

Primary

Refinance - Cash-out - Other

No Defined Cure

Safe Harbor QM (APOR)

[redacted]

35359849

36249714

Compliance

Federal Compliance

TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form

Notice of Right to Cancel Missing

Truth in Lending Act: Notice of Right to Cancel was not provided.

Right of Rescission Disclosure is missing from file.

Reviewer Comment (2026-04-21): XXXXX

Reviewer Comment (2026-04-14): XXXXX

Seller Comment (2026-04-10): XXXXX

04/21/2026

Primary

Refinance - Cash-out - Other

TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form

Safe Harbor QM (APOR)

Yes

[redacted]

35359849

36249742

Credit

Borrower and Mortgage Eligibility

Mortgage / Program Eligibility

Borrower and Mortgage Eligibility

Guideline Requirement: Combined High loan to value discrepancy.

Calculated high loan to value percentage of XX.XX% exceeds Guideline high loan to value percentage of XX.XX%. Credit supplement or mortgage statement was not provided to verify the lower first lien balance listed on the final 1003.

Reviewer Comment (2026-04-24): XXXXX

Seller Comment (2026-04-24): XXXXX

Reviewer Comment (2026-04-10): XXXXX

Seller Comment (2026-04-10): XXXXX

04/24/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35359849

36249743

Credit

AUS Discrepancy / Guidelines Discrepancy

Guideline

Guideline Requirement: Combined loan to value discrepancy.

Calculated combined loan to value percentage of XX.XX% exceeds Guideline combined loan to value percentage of XX.XX%. Credit supplement or mortgage statement was not provided to verify the lower first lien balance listed on the final 1003.

Reviewer Comment (2026-04-24): XXXXX

Seller Comment (2026-04-24): XXXXX

Reviewer Comment (2026-04-10): XXXXX

Seller Comment (2026-04-10): XXXXX

04/24/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39229998

36254547

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/10/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39229998

36254581

Compliance

Federal Compliance

TRID Defect

TILA-RESPA Integrated Disclosure: application date on or after 10/3/2015, no Loan Estimates in the Loan File

TILA-RESPA Integrated Disclosure: Loan Estimate not provided within loan images to evidence delivery to the Borrower(s). The earliest Closing Disclosure provided in the loan file was used as the estimated baseline for Tolerance Testing. Depending on the actual values on the initial Loan Estimate, a fee tolerance cure of up to $2,572.00 may be required.

Loan Estimate not provided within loan images to evidence delivery to the Borrower(s). The earliest Closing Disclosure provided in the loan file was used as the estimated baseline for Tolerance Testing. Depending on the actual values on the initial Loan Estimate, a fee tolerance cure of up to $2,572.00 may be required.

Reviewer Comment (2026-04-14): XXXXX

Seller Comment (2026-04-13): XXXXX

04/14/2026

Primary

Refinance - Cash-out - Other

No Defined Cure

Safe Harbor QM (APOR)

[redacted]

33310441

36839956

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 371

Note Date: ___; Lien Position: ___

07/01/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33310441

36839957

Credit

Title

Document Error

Title

The Commitment or Preliminary title policy does not reflect a coverage amount (no final title policy in file). Unable to determine if appropiate coverage is provided.

Reviewer Comment (2026-07-06): XXXXX

07/06/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33310441

36839971

Credit

Loan Package Documentation

Closing / Title

Missing Document

Missing Document: Security Instrument - Subject Lien not provided

Copy of Security Instrument - Subject Lien is missing.

Reviewer Comment (2026-07-06): XXXXX

07/06/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33310441

36867189

Compliance

Federal Compliance

TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form

Right of Rescission Timing - Note Date used as Transaction Date

Unable to conclusively determine date of consummation. Note date used as transaction date for purposes of determining compliance with rescission timing requirements

Reviewer Comment (2026-07-06): XXXXX

07/06/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30825497

36453314

Compliance

State Compliance

State Defect

XXXXX Assignee Disclosure

XXXXX High-Cost Loan: Mandatory purchaser/assignee disclosure not contained on document that creates debt or pledges property as collateral.

Mandatory purchaser/assignee disclosure not contained on document that creates debt or pledges property as collateral.

Reviewer Comment (2026-05-27): XXXXX

Seller Comment (2026-05-22): XXXXX

05/27/2026

Primary

Refinance - Cash-out - Other

See any available cure under the Rhode Island High-Cost Home Loan threshold exception.

Safe Harbor QM (APOR)

[redacted]

30825497

36453316

Compliance

State Compliance

State Defect

(State High Cost Disclosure) Rhode Island High-Cost Loan (High Cost Disclosure Not Provided)

XXXXX High-Cost Loan: High-Cost Home Loan Disclosure not provided to borrower.

High-Cost Home Loan Disclosure not provided to borrower.

Reviewer Comment (2026-05-27): XXXXX

Seller Comment (2026-05-22): XXXXX

05/27/2026

Primary

Refinance - Cash-out - Other

See any available cure under the Rhode Island High-Cost Home Loan threshold exception.

Safe Harbor QM (APOR)

[redacted]

30825497

36453318

Compliance

State Compliance

State Late Charge

(State High Cost Provision) Rhode Island Late Charge

XXXXX High-Cost Loan: Loan contains an impermissible late charge.

Loan contains an impermissible late charge.

Reviewer Comment (2026-05-27): XXXXX

Seller Comment (2026-05-22): XXXXX

05/27/2026

Primary

Refinance - Cash-out - Other

See any available cure under the Rhode Island High-Cost Home Loan threshold exception.

Safe Harbor QM (APOR)

[redacted]

30825497

36453319

Compliance

State Compliance

State Defect

(State High Cost) Rhode Island High-Cost Loan (Points and Fees)

XXXXX Home Loan Protection Act: Points and Fees on subject loan of 5.18228% is in excess of the allowable maximum of 5.00000% of the Total Loan Amount. Points and Fees total $XXX on a Total Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $XXX or .18228%). Non-Compliant High Cost Loan.

XXXXX Home Loan Protection Act: Points and Fees exceed allowable threshold by $XXX or .18228%. Non-Compliant High Cost Loan.

Reviewer Comment (2026-05-27): XXXXX

Seller Comment (2026-05-21): XXXXX

05/27/2026

Primary

Refinance - Cash-out - Other

(Limited Use Bona Fide Errors - Compliance and Client Approval Required) Within 60 days of discovery, provide:

Safe Harbor QM (APOR)

Yes

[redacted]

30825497

36453334

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/14/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35772008

36439749

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/13/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

30047300

36364098

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/01/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36449911

36553773

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/26/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36449911

36553796

Compliance

Federal Compliance

TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form

TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date

Truth in Lending Act: Subject loan transaction disbursed on XX/XX/XX, prior to three (3) business days from transaction date of XX/XX/XX.

Loan was disbursed prior to midnight of the third business day after consummation. Lender to reopen rescission, provide a copy of the new right to cancel form, a copy of the letter of explanation sent to the borrower, and proof of delivery. Note: This exception will not be cleared until the expiration of the new rescission period.

Seller Comment (2026-06-03): XXXXX

Reviewer Comment (2026-06-03): XXXXX

Seller Comment (2026-06-02): XXXXX

Reviewer Comment (2026-06-01): XXXXX

Seller Comment (2026-05-28): XXXXX

06/03/2026

Primary

Refinance - Cash-out - Other

TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form

Safe Harbor QM (APOR)

Yes

[redacted]

39461994

36552870

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/26/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35886558

36405702

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/08/2026

Primary

Refinance - Cash-out - Other

Higher Priced QM (APOR)

[redacted]

36747811

36438341

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/13/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32892053

36362732

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/01/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30637623

36362486

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/01/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32082723

36462444

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/15/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31784877

36439977

Compliance

Federal Compliance

ATR/QM Defect

Self-Employed Tax Return Recency - QM

General QM: Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date XX/XX/XX, Most Recent Tax Return End Date XX/XX/XX, Tax Return Due Date XX/XX/XX.

The file is missing the XXXXX personal and business tax returns. Evidence of extension provided in file for XXXXX. The file contained a copy of the XXXXX and XXXXX 1040s and business returns.

05/14/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31784877

36440109

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/14/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31784877

36440114

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. AVM provided. No secondary valuation was provided. Sec ID: 53

Note Date: ___; Lien Position: ___

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38376894

36522875

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/20/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38376894

36522888

Compliance

Federal Compliance

TRID

TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $244.00 exceeds tolerance of $203.00. Sufficient or excess cure was provided to the borrower at Closing.

Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $244.00 exceeds tolerance of $203.00. Sufficient cure was provided to the borrower at Closing.

Reviewer Comment (2026-05-18): XXXXX

05/18/2026

Primary

Refinance - Cash-out - Other

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

[redacted]

36903066

36608758

Compliance

Federal Compliance

TRID

TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing

Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee amount of $244.00 exceeds tolerance of $203.00. Sufficient cure was provided to the borrower at closing.

Reviewer Comment (2026-05-29): XXXXX

05/29/2026

Primary

Refinance - Cash-out - Other

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

[redacted]

36903066

36608760

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

06/02/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32102069

36329201

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

04/27/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32102069

36331756

Compliance

Federal Compliance

TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form

TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date

Truth in Lending Act: Subject loan transaction disbursed on XX/XX/XX, prior to three (3) business days from transaction date of XX/XX/XX.

Reviewer Comment (2026-04-30): XXXXX

Seller Comment (2026-04-28): XXXXX

04/30/2026

Primary

Refinance - Cash-out - Other

TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form

Safe Harbor QM (APOR)

Yes

[redacted]

32817984

36668955

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 371

Note Date: ___; Lien Position: ___

06/09/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32817984

36721311

Compliance

Federal Compliance

TRID

TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Verification Of Employment Fee. Fee Amount of $317.40 exceeds tolerance of $238.05. Sufficient or excess cure was provided to the borrower at Closing.

Reviewer Comment (2026-06-12): XXXXX

06/12/2026

Primary

Refinance - Cash-out - Other

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

[redacted]

37841351

36477929

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/18/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31473435

36488075

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/18/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31473435

36488095

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. AVM provided does not support the qualifying value. Sec ID: 52

The file is missing a copy of the secondary valuation required for securitization purposes.

Reviewer Comment (2026-05-27): XXXXX

Reviewer Comment (2026-05-22): XXXXX

05/27/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32587502

36661098

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 371

Note Date: ___; Lien Position: ___

06/08/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30641959

36469852

Compliance

Federal Compliance

TRID Defect

TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $0.00 exceeds tolerance of $-409.00. Insufficient or no cure was provided to the borrower.

Lender Credits Fee was last disclosed as -$409.00 on Loan Estimate but disclosed as $0.00 on Final Closing Disclosure. File does not contain a valid Change of Circumstance for this fee, nor evidence of cure in file. Provide a post-closing Closing Disclosure disclosing the tolerance cure, to include $409.00, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-06-02): XXXXX

06/02/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

30641959

36469861

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/18/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34261413

36666398

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 371

Note Date: ___; Lien Position: ___

06/09/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34261413

36693549

Credit

Loan Package Documentation

Application / Processing

Missing Document

Missing Document: Approval not provided

Loan approval was not found in file.

Reviewer Comment (2026-06-12): XXXXX

Reviewer Comment (2026-06-10): XXXXX

06/12/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32086987

36412694

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/11/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32086987

36413059

Credit

Miscellaneous

Guideline

Credit Exception:

Per guidelines properties with more than 10 acres are ineligible. Property has XXXXX acres with no evidence of farming. Lender exception in file.

Borrower has owned the subject property for at least 5 years.

Borrower has worked in the same position for more than 3 years.

The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.

The Loan to Value (LTV) on the loan is less than or equal to 70%.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.

The qualifying DTI on the loan is less than or equal to 35%.

The representative FICO score is above 680.

SitusAMC

Reviewer Comment (2026-05-12): XXXXX

Reviewer Comment (2026-05-11): XXXXX

05/12/2026

Yes

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30992760

36464954

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/15/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39156343

36534828

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/21/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39571661

36549966

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/26/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38685600

36666663

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 371

Note Date: ___; Lien Position: ___

06/09/2026

Second Home

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38685600

36666683

Compliance

Federal Compliance

TRID

TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $1,935.00 exceeds tolerance of $1,755.00 plus 10% or $1,930.50. Sufficient or excess cure was provided to the borrower at Closing.

Reviewer Comment (2026-06-05): XXXXX

06/05/2026

Second Home

Refinance - Cash-out - Other

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

[redacted]

32127687

36502537

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/19/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31524430

36429085

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/12/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31524430

36429089

Credit

Title

Document Error

Title

The Commitment or Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.

Title Evidence: ___;

State: ___

The file was missing a copy of the final title policy.

Final Title Policy will be provided as a trailing document.

Final Title Policy will be provided as a trailing document

SitusAMC,Aggregator

Reviewer Comment (2026-10-12): XXXXX

05/12/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30755439

36718152

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 371

Note Date: ___; Lien Position: ___

06/15/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30755439

36806068

Compliance

Federal Compliance

TRID

TRID Lender Credit Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $-735.00 exceeds tolerance of $-743.65. Sufficient or excess cure was provided to the borrower at Closing.

Reviewer Comment (2026-06-23): XXXXX

06/23/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

Yes

[redacted]

30755439

36806069

Compliance

Federal Compliance

TRID

TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing

Reviewer Comment (2026-06-23): XXXXX

06/23/2026

Primary

Refinance - Cash-out - Other

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

[redacted]

33643685

36592107

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

06/01/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33348450

36464868

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/15/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37874026

36413681

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/11/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36289558

36461564

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/15/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32553735

36543911

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No secondary valuation was provided. CU and LCA results are contradictory. Appraisal was provided. Sec ID: 133

Note Date: ___; Lien Position: ___

Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.

05/22/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38006042

36412926

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/11/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39657955

36453004

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/14/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33990397

36584516

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 325

Note Date: ___; Lien Position: ___

Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.

05/29/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33990397

36584760

Compliance

State Compliance

State Defect

(TX50(a)(6)) Texas Cash-out Loan (Fannie Mae forms not used for closing of home equity loan)

XXXXX Constitution Section 50(a)(6): XXXXX forms not used for closing of home equity loan.

XXXXX forms not used for closing of home equity loan.

Reviewer Comment (2026-06-05): XXXXX

Reviewer Comment (2026-06-03): XXXXX

Seller Comment (2026-06-01): XXXXX

06/05/2026

Primary

Refinance - Cash-out - Other

The failure to use FNMA Documents does not present a clear remediation path.

Safe Harbor QM (APOR)

[redacted]

33990397

36584787

Credit

AUS Discrepancy / Guidelines Discrepancy

Guideline

Guideline Requirement: Investor qualifying total debt ratio discrepancy.

Calculated investor qualifying total debt ratio of 54.24787% exceeds guideline total debt ratio of 50.00000%. Seller did not include MIP on first lien in DTI clacualtions.

Reviewer Comment (2026-06-16): XXXXX

Seller Comment (2026-06-15): XXXXX

06/16/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33990397

36586933

Compliance

Federal Compliance

TRID

TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $550.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing.

Reviewer Comment (2026-05-27): XXXXX

05/27/2026

Primary

Refinance - Cash-out - Other

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

[redacted]

33990397

36586934

Compliance

Federal Compliance

TRID

TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $122.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing.

Reviewer Comment (2026-05-27): XXXXX

05/27/2026

Primary

Refinance - Cash-out - Other

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

[redacted]

33990397

36586980

Compliance

Federal Compliance

ATR/QM Defect

General QM Provision Investor and QM DTIs match and both moderately exceed Guidelines

General QM: The DTI calculated in accordance with the Lenders Guidelines and 1026.43(e) of 50.24591% moderately exceeds the guideline maximum of 50.00%. (DTI Exception is eligible to be regraded with compensating factors.)

The DTI calculated in accordance with the lender's guidelines and 1026.43(e) of 50.24591% moderately exceeds the guideline maximum of 50.00%.

Reviewer Comment (2026-06-16): XXXXX

Seller Comment (2026-06-15): XXXXX

Reviewer Comment (2026-06-04): XXXXX

06/16/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33990397

36586981

Compliance

Federal Compliance

ATR/QM Defect

Loan does not meet one or more guideline components which could impact the borrower's ability to repay.

General QM Provision: Loan does not meet one or more guideline components which could impact the borrower's ability to repay.

Reviewer Comment (2026-06-16): XXXXX

Seller Comment (2026-06-15): XXXXX

Reviewer Comment (2026-06-03): XXXXX

06/16/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33990397

36586987

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Risk.

The DTI calculated in accordance with the lender's guidelines of 50.24591% moderately exceeds the guideline maximum of 50.00%.

Reviewer Comment (2026-06-16): XXXXX

Seller Comment (2026-06-15): XXXXX

Reviewer Comment (2026-06-03): XXXXX

06/16/2026

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

Safe Harbor QM (APOR)

Yes

[redacted]

31079131

36544627

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/22/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35774229

36607411

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.

06/02/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35704454

36642275

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 371

Note Date: ___; Lien Position: ___

06/04/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39941975

36566891

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/27/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39941975

36567197

Compliance

Federal Compliance

TRID

TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $409.00 exceeds tolerance of $280.00. Sufficient or excess cure was provided to the borrower at Closing.

Credit Report Fee was last disclosed as $280.00 on Loan Estimate but disclosed as $409.00 on Final Closing Disclosure. Sufficient or excess cure was provided to the borrower at Closing.

Reviewer Comment (2026-05-22): XXXXX

05/22/2026

Primary

Refinance - Cash-out - Other

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

[redacted]

39965809

36593487

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

06/02/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39965809

36601066

Credit

Loan Package Documentation

Application / Processing

Missing Document

Missing Document: AUS not provided

Per 1008, LP Accept, XXXXX not found at time of review.

Reviewer Comment (2026-06-03): XXXXX

Seller Comment (2026-06-03): XXXXX

06/03/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39965809

36601402

Compliance

Federal Compliance

TRID Defect

TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Extension Fee. Fee Amount of $36.00 exceeds tolerance of $24.00. $12.00 over legal limit. Insufficient or no cure was provided to the borrower.

Zero Percent Fee Tolerance exceeded for Extension Fee. Fee Amount of $36.00 exceeds tolerance of $24.00. $12.00 over legal limit. Insufficient or no cure was provided to the borrower.

Reviewer Comment (2026-06-04): XXXXX

Seller Comment (2026-06-03): XXXXX

06/04/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

38664667

36439496

Compliance

Federal Compliance

TRID Defect

TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Verification Of Employment Fee. Fee Amount of $57.78 exceeds tolerance of $0.00. $57.78 over legal limit. Insufficient or no cure was provided to the borrower.

Verification Of Employment Fee was not disclosed on Loan Estimate. File does not contain a valid COC for this fee, nor evidence of cure. Provide a post-close Closing Disclosure disclosing the tolerance cure to include $57.78, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-05-15): XXXXX

Seller Comment (2026-05-14): XXXXX

05/15/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

38664667

36439507

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/13/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36455337

36543853

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/22/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31212911

36544005

Compliance

Federal Compliance

TRID

TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Re-Issue Fee. Fee Amount of $12.00 exceeds tolerance of $6.00. Sufficient or excess cure was provided to the borrower at Closing.

Credit Report Re-Issue Fee was last disclosed as $6.00 on Loan Estimate but disclosed as $12.00 on Final Closing Disclosure. Sufficient cure was provided to the borrower at closing.

Reviewer Comment (2026-05-20): XXXXX

05/20/2026

Primary

Refinance - Cash-out - Other

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

[redacted]

31212911

36544011

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/22/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30015301

36592817

Compliance

State Compliance

Misc. State Level

Ohio Consumer Sales Practices Act (Acknowledgement of Receipt of Home Mortgage Loan Information Document Not Retained by Lender)

XXXXX Consumer Sales Practices Act: Acknowledgement of Receipt of Home Mortgage Loan Information Document not retained by lender.

Acknowledgement of Receipt of Home Mortgage Loan Information Document not retained by lender.

Reviewer Comment (2026-06-05): XXXXX

06/05/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30015301

36592819

Compliance

Federal Compliance

TRID Defect

TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Re-Issue Fee. Fee Amount of $41.70 exceeds tolerance of $29.00. $12.70 over legal limit. Insufficient or no cure was provided to the borrower.

Credit Report Re-Issue Fee was disclosed as $29.00 on LE but disclosed as $41.70 in Final Closing Disclosure. File does not contain a valid Change of Circumstance for this fee, nor evidence of cure in file. Provide a post-close Closing Disclosure disclosing the tolerance cure to include $12.70, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.

Reviewer Comment (2026-06-09): XXXXX

Seller Comment (2026-06-08): XXXXX

06/09/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

30015301

36592825

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.

06/01/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30015301

36684758

Compliance

Federal Compliance

TRID

TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Re-Issue Fee. Fee Amount of $41.70 exceeds tolerance of $29.00. Sufficient or excess cure was provided to the borrower at Closing.

Reviewer Comment (2026-06-09): XXXXX

06/09/2026

Primary

Refinance - Cash-out - Other

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

[redacted]

37096082

36586176

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/29/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

37096082

36586194

Credit

Legal / Regulatory / Compliance

Title / Lien Defect

Legal / Regulatory / Compliance

Final Title Policy is missing. No evidence of title in file.

Title Evidence is Missing.

Reviewer Comment (2026-06-08): XXXXX

Seller Comment (2026-06-08): XXXXX

Reviewer Comment (2026-06-03): XXXXX

Seller Comment (2026-06-03): XXXXX

06/08/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38664725

36768780

Compliance

Federal Compliance

Compliance

Disclosed Note P&I payment does not equal calculated P&I payment

Disclosed Note P&I payment does not equal calculated P&I payment. Note P&I of $646.65 does not match calculated P&I of $646.24. Note P&I was used for the APR calculation and compliance testing.

Reviewer Comment (2026-07-01): XXXXX

Seller Comment (2026-06-30): XXXXX

07/01/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38664725

36768799

Credit

Income / Employment

Income Documentation

Income / Employment

Income Docs Missing:

WVOE is missing from the file.

Reviewer Comment (2026-06-26): XXXXX

06/26/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38664725

36768828

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. Multiple valuations were provided, two or more of which do not support value. No secondary supports value. The provided CU and/or LCA provide relief. Sec ID: 223

Note Date: ___; Lien Position: ___

Reviewer Comment (2026-07-20): XXXXX

Reviewer Comment (2026-07-15): XXXXX

Reviewer Comment (2026-07-08): XXXXX

07/20/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

38664725

36769146

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Risk.

File is missing the XXXXX and XXXXX W-2 documents or a WVOE verifying the Borrower's prior year's income.

Reviewer Comment (2026-06-26): XXXXX

06/26/2026

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

Safe Harbor QM (APOR)

Yes

[redacted]

38664725

36769147

Compliance

Federal Compliance

ATR/QM Defect

Loan does not meet one or more guideline components which could impact the borrower's ability to repay.

General QM Provision: Loan does not meet one or more guideline components which could impact the borrower's ability to repay.

File is missing the XXXXX and XXXXX W-2 documents or a WVOE verifying the Borrower's prior year's income.

Reviewer Comment (2026-06-26): XXXXX

06/26/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

31674834

36534912

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/21/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

32147168

36534809

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/21/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30045408

36545531

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/22/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30095016

36582909

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/29/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35342745

36533757

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.

05/21/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34642852

36544657

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/22/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36043803

36770958

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief. Sec ID: 137

Reviewer Comment (2026-07-07): XXXXX

Seller Comment (2026-07-07): XXXXX

07/07/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36043803

36805945

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is missing secondary valuation product required for securitization.

Secondary valuation does not meet guidelines: LCA or CU Score <= 2.5.

Reviewer Comment (2026-07-07): XXXXX

Seller Comment (2026-07-07): XXXXX

07/07/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36043803

36896951

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. Two valuations were provided, one of which does not support value. The provided CU and/or LCA do not provide relief. Sec ID: 143

AVM in file reflects Valuation Value % Difference is -18.4245%, Loans with a secondary value variance of (-10%) may not be eligible for investor purchase.

Reviewer Comment (2026-07-16): XXXXX

Seller Comment (2026-07-14): XXXXX

Seller Comment (2026-07-13): XXXXX

07/16/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

36043803

36999340

Property

Appraisal Reconciliation

Value Discrepancy

Appraisal Reconciliation

Loan is to be securitized. Multiple valuations were provided. One or more secondary valuations support value. One non-supporting secondary valuation with an effective date within 12 months of note date was provided. No CU or LCA providing relief are in evidence. Sec ID: 147

Note Date: ___; Lien Position: ___

Reviewer Comment (2026-07-17): XXXXX

Seller Comment (2026-07-16): XXXXX

07/17/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30891751

36723583

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221

Note Date: ___; Lien Position: ___

Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.

06/16/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34845440

36562544

Compliance

Federal Compliance

TRID

TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing

Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $335.00 exceeds tolerance of $280.00. Sufficient cure was provided to the borrower at Closing.

Reviewer Comment (2026-05-22): XXXXX

05/22/2026

Primary

Refinance - Cash-out - Other

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

[redacted]

34845440

36562555

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

05/27/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30073235

36328361

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B"

Reviewer Comment (2025-12-12): XXXXX

Buyer Comment (2025-12-11): XXXXX

12/12/2025

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30073235

36328366

Compliance

Federal Compliance

TRID

TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $58.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing.

Reviewer Comment (2025-11-30): XXXXX

11/30/2025

Primary

Refinance - Cash-out - Other

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

[redacted]

35169653

36328375

Credit

Income / Employment

Income Documentation

Missing Document

REO Documents are missing.

Insurance Verification is missing

Reviewer Comment (2025-12-19): XXXXX

Buyer Comment (2025-12-17): XXXXX

12/19/2025

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

35169653

36328376

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

Reviewer Comment (2026-02-10): XXXXX

Buyer Comment (2026-02-09): XXXXX

02/10/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

30219434

36328388

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

"AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".

Reviewer Comment (2025-12-23): XXXXX

12/23/2025

Primary

Refinance - Cash-out - Other

Safe Harbor QM

Safe Harbor QM (APOR)

[redacted]

30219434

36328390

Credit

Legal / Regulatory / Compliance

Title / Lien Defect

Legal / Regulatory / Compliance

Final Title Policy is missing. No evidence of title in file.

Reviewer Comment (2026-01-12): XXXXX

Buyer Comment (2026-01-08): XXXXX

01/12/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM

Safe Harbor QM (APOR)

[redacted]

30219434

36328391

Credit

Guideline

Guideline Issue

Guideline

Loan does not meet guideline requirements regarding DTI variance.

DTI does not meet XXXXX requirements. Variance is more than 3%

Reviewer Comment (2026-01-02): XXXXX

Buyer Comment (2025-12-30): XXXXX

01/02/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM

Safe Harbor QM (APOR)

[redacted]

30219434

36328392

Credit

Income

Document Error

Income

Proof of Child Age not provided.

Proof of Child Age not provided. on Child support document child date of birth is greyed out.

Buyer Comment (2026-03-05): XXXXX

Reviewer Comment (2026-03-05): XXXXX

Buyer Comment (2026-03-03): XXXXX

Reviewer Comment (2026-01-02): XXXXX

Buyer Comment (2025-12-30): XXXXX

03/05/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM

Safe Harbor QM (APOR)

[redacted]

30219434

36328393

Compliance

Federal Compliance

TRID

TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Review Fee. Fee Amount of $12.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing.

Appraisal Review Fee was not disclosed on initial LE but $12.00 was disclosed on Closing disclosure. Sufficient Cure was provided on file.

Reviewer Comment (2025-12-19): XXXXX

12/19/2025

Primary

Refinance - Cash-out - Other

Final CD evidences Cure

Safe Harbor QM

Safe Harbor QM (APOR)

Yes

[redacted]

30219434

36328394

Compliance

Federal Compliance

TRID

TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $266.00 exceeds tolerance of $248.00. Sufficient or excess cure was provided to the borrower at Closing.

Credit Report fee was $248.00 disclosed on initial LE but $288.00 was disclosed on Closing disclosure. Sufficient Cure was not provided on file.

Reviewer Comment (2025-12-19): XXXXX

12/19/2025

Primary

Refinance - Cash-out - Other

Final CD evidences Cure

Safe Harbor QM

Safe Harbor QM (APOR)

Yes

[redacted]

30219434

36328396

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.

VOE is not provided in file within 10 days of Note

Reviewer Comment (2026-03-13): XXXXX

Buyer Comment (2026-03-11): XXXXX

Reviewer Comment (2026-03-11): XXXXX

Buyer Comment (2026-03-09): XXXXX

Buyer Comment (2026-03-05): XXXXX

Reviewer Comment (2026-03-05): XXXXX

Buyer Comment (2026-03-03): XXXXX

Reviewer Comment (2026-01-02): XXXXX

Buyer Comment (2025-12-30): XXXXX

03/13/2026

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

Safe Harbor QM

Safe Harbor QM (APOR)

Yes

[redacted]

30219434

36328397

Compliance

Federal Compliance

Compliance

Not Eligible for QM based on Appendix Q

Qualified Mortgage: Loan submitted with an originator loan designation of Safe Harbor or Higher Priced QM using Appendix Q. Loans with creditor application date on or after XX/XX/XX are not eligible for QM based on Appendix Q. Loan was tested for compliance with General ATR. Restated loan originator loan designation required to test loan for QM status under General QM (APOR) pricing-based test.

Reviewer Comment (2026-03-13): XXXXX

Buyer Comment (2026-03-11): XXXXX

Reviewer Comment (2026-03-11): XXXXX

Buyer Comment (2026-03-09): XXXXX

Buyer Comment (2026-03-05): XXXXX

Reviewer Comment (2026-03-05): XXXXX

Buyer Comment (2026-03-03): XXXXX

03/13/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM

Safe Harbor QM (APOR)

[redacted]

30219434

36328398

Compliance

Federal Compliance

ATR/QM Defect

Loan does not meet one or more guideline components which could impact the borrower's ability to repay.

Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk.

Waterfall due to missing VVOE within 10 days of Note.

Buyer Comment (2026-03-05): XXXXX

Reviewer Comment (2026-03-05): XXXXX

Buyer Comment (2026-03-03): XXXXX

Reviewer Comment (2026-01-02): XXXXX

Buyer Comment (2025-12-30): XXXXX

03/05/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM

Safe Harbor QM (APOR)

[redacted]

30219434

36328399

Credit

Income / Employment

Income Documentation

Income / Employment

Income documentation requirements not met.

The file is missing VVOE for all employees within 10 days of Note.

Buyer Comment (2026-03-05): XXXXX

Reviewer Comment (2026-03-05): XXXXX

Buyer Comment (2026-03-03): XXXXX

Reviewer Comment (2026-01-02): XXXXX

Buyer Comment (2025-12-30): XXXXX

03/05/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM

Safe Harbor QM (APOR)

[redacted]

30219434

36328400

Compliance

Federal Compliance

ATR/QM Defect

Income/Asset Guideline Deficiency - ATR Impact

Ability to Repay (Dodd-Frank XXXXX): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.)

File is missing VVOEs within 10 days of Note.

Buyer Comment (2026-03-05): XXXXX

Reviewer Comment (2026-03-05): XXXXX

Buyer Comment (2026-03-03): XXXXX

Reviewer Comment (2026-01-02): XXXXX

Buyer Comment (2025-12-30): XXXXX

03/05/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM

Safe Harbor QM (APOR)

[redacted]

30219434

36328401

Compliance

Federal Compliance

ATR/QM Defect

Check Restated Loan Designation Match - QM / ATR

Client updated to Safe harbor QM apor

Buyer Comment (2026-03-13): XXXXX

03/13/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM

Safe Harbor QM (APOR)

[redacted]

34852465

36328412

Compliance

TRID

Transaction Error

TRID

This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading.

Reviewer Comment (2025-11-04): XXXXX

11/04/2025

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34852465

36328413

Credit

Income / Employment

Income Documentation

Income / Employment

Income Docs Missing:

Business License and P&L statement is missing in file.

Reviewer Comment (2025-11-10): XXXXX

Buyer Comment (2025-11-06): XXXXX

11/10/2025

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34852465

36328415

Compliance

Federal Compliance

ATR/QM Defect

General QM Provision Employment - Schedule C

General QM: Unable to verify current Sole Proprietorship status using reasonably reliable third-party records.

Audited or third-party prepared P&L statement missing in file.

Reviewer Comment (2025-11-10): XXXXX

Buyer Comment (2025-11-06): XXXXX

11/10/2025

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34852465

36328416

Compliance

Federal Compliance

ATR/QM Defect

Loan does not meet one or more guideline components which could impact the borrower's ability to repay.

General QM: Based on the loan failing one or more guideline components, the loan is at QM risk.

Waterfall due to missing audited or third-party prepared P&L statement.

Reviewer Comment (2025-11-10): XXXXX

Buyer Comment (2025-11-06): XXXXX

11/10/2025

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34852465

36328417

Compliance

Federal Compliance

ATR/QM Defect

Self-Employed Tax Return Recency - QM

Provided personal tax returns are not the most recent, missing tax return for year XXXXX.

Reviewer Comment (2025-11-10): XXXXX

Buyer Comment (2025-11-06): XXXXX

11/10/2025

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34852465

36328418

Compliance

Federal Compliance

ATR/QM Defect

Self-Employed Tax Return Recency - QM

Provided tax returns are not the most recent, missing tax return for year XXXXX.

Reviewer Comment (2025-11-10): XXXXX

11/10/2025

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34852465

36328419

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail.

Waterfall due to missing audited or third-party prepared P&L statement.

Reviewer Comment (2025-11-10): XXXXX

Buyer Comment (2025-11-06): XXXXX

11/10/2025

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

Safe Harbor QM (APOR)

Yes

[redacted]

34852465

36328420

Credit

Miscellaneous

Guideline

Credit Exception:

Compliance report was not found in order to verify proper loan designation.

Reviewer Comment (2025-11-10): XXXXX

Buyer Comment (2025-11-06): XXXXX

11/10/2025

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34852465

36328421

Credit

Income / Employment

Income Documentation

Income / Employment

Income documentation requirements not met.

Missing verification of employment dated 10 business days prior to the note date.

Reviewer Comment (2025-11-10): XXXXX

Buyer Comment (2025-11-06): XXXXX

11/10/2025

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34852465

36328422

Credit

Income / Employment

Income Documentation

Income / Employment

Verification(s) of employment is not within 10 business days of the Note.

Missing verification of employment dated 10 business days prior to the note date.

Reviewer Comment (2025-11-10): XXXXX

Buyer Comment (2025-11-06): XXXXX

11/10/2025

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34852465

36328423

Compliance

Federal Compliance

ATR/QM Defect

Income/Asset Guideline Deficiency - QM Impact

General QM: There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay. (Exception is eligible to be regraded with compensating factors.)

Loan designation failure due to missing verification of employment.

Reviewer Comment (2025-11-10): XXXXX

Buyer Comment (2025-11-06): XXXXX

11/10/2025

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34852465

36328424

Compliance

Federal Compliance

TRID Defect

TRID Initial Closing Disclosure Timing without Waiver Test

TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing.

Initial Closing disclosure missing in loan file.

Reviewer Comment (2025-12-30): XXXXX

Buyer Comment (2025-12-29): XXXXX

12/30/2025

Primary

Refinance - Cash-out - Other

No Defined Cure

Safe Harbor QM (APOR)

[redacted]

34852465

36328425

Compliance

Federal Compliance

TRID Defect

TILA-RESPA Integrated Disclosure: application date on or after 10/3/2015, no Loan Estimates in the Loan File

Loan Estimate was missing in loan file.

Reviewer Comment (2025-12-30): XXXXX

Buyer Comment (2025-12-29): XXXXX

12/30/2025

Primary

Refinance - Cash-out - Other

No Defined Cure

Safe Harbor QM (APOR)

[redacted]

34852465

36328426

Compliance

Federal Compliance

TRID Defect

TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of $12.00 exceeds tolerance of $0.00. $12.00 over legal limit. Insufficient or no cure was provided to the borrower.

Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of $12.00 exceeds tolerance of $0.00. $12.00 over legal limit. Insufficient or no cure was provided to the borrower.

Reviewer Comment (2026-01-12): XXXXX

Buyer Comment (2026-01-09): XXXXX

01/12/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

35681897

36328428

Compliance

Federal Compliance

TRID

TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $229.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing.

Reviewer Comment (2025-12-22): XXXXX

12/22/2025

Primary

Refinance - Cash-out - Other

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

[redacted]

35681897

36328429

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

Reviewer Comment (2025-12-29): XXXXX

12/29/2025

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

39128949

36328432

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Estimated Escrow Payment Over Disclosed Test

TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on XX/XX/XX disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan.

Reviewer Comment (2026-01-23): XXXXX

01/23/2026

Primary

Refinance - Cash-out - Other

TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

39128949

36328433

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Homeowners Insurance Included In Escrow Test

TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on XX/XX/XX incorrectly disclosed whether Homeowners Insurance is included in escrow.

Per final CD, escrows are included in monthly payment. The PCCD cured the violation, however to cure, the file would requireTILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD (have), and Re-open Rescission. New rescission period must be at least 3 business days after receipt of the package.

Reviewer Comment (2026-01-22): XXXXX

Buyer Comment (2026-01-21): XXXXX

01/22/2026

Primary

Refinance - Cash-out - Other

TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable

Safe Harbor QM (APOR)

Yes

[redacted]

39128949

36328434

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Property Costs Year 1 Underdisclosed - XXXXX

TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of on Final Closing Disclosure provided on XX/XX/XX are underdisclosed

Amount of Estimated Property Costs over Year 1 of on Final Closing Disclosure provided on XX/XX/XX are updated as per documents.

Reviewer Comment (2026-01-22): XXXXX

Buyer Comment (2026-01-21): XXXXX

Reviewer Comment (2026-01-20): XXXXX

Reviewer Comment (2026-01-14): XXXXX

01/22/2026

Primary

Refinance - Cash-out - Other

Letter of Explanation & Corrected Closing Disclosure

Safe Harbor QM (APOR)

Yes

[redacted]

39128949

36328435

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Property Taxes Included In Escrow

TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on XX/XX/XX incorrectly disclosed whether property taxes are included in escrow.

Per final CD, escrows are included in monthly payment. Per final CD, escrows are included in monthly payment. The PCCD cured the violation, however to cure, the file would requireTILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD (have), and Re-open Rescission. New rescission period must be at least 3 business days after receipt of the package.

Reviewer Comment (2026-01-22): XXXXX

Buyer Comment (2026-01-21): XXXXX

01/22/2026

Primary

Refinance - Cash-out - Other

TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable

Safe Harbor QM (APOR)

Yes

[redacted]

39128949

36328436

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Will Have Escrow Account

TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XX/XX/XX incorrectly disclosed whether the loan will have an escrow account.

Reviewer Comment (2026-01-22): XXXXX

Buyer Comment (2026-01-21): XXXXX

01/22/2026

Primary

Refinance - Cash-out - Other

Letter of Explanation & Corrected Closing Disclosure

Safe Harbor QM (APOR)

Yes

[redacted]

39128949

36328437

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Will Not Have Escrow Account

TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XX/XX/XX incorrectly disclosed whether the loan will have an escrow account.

Reviewer Comment (2026-01-22): XXXXX

Buyer Comment (2026-01-21): XXXXX

01/22/2026

Primary

Refinance - Cash-out - Other

Letter of Explanation & Corrected Closing Disclosure

Safe Harbor QM (APOR)

Yes

[redacted]

39128949

36328438

Compliance

Federal Compliance

TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form

TILA Notice of Right to Cancel Expiration Date Prior or equal to Disbursement Date

Truth in Lending Act: Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s).

Variance due to final CD showing note date as XX/XX/XX instead of XX/XX/XX.

Reviewer Comment (2026-01-27): XXXXX

Buyer Comment (2026-01-23): XXXXX

Reviewer Comment (2026-01-23): XXXXX

Buyer Comment (2026-01-21): XXXXX

01/27/2026

Primary

Refinance - Cash-out - Other

TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form

Safe Harbor QM (APOR)

Yes

[redacted]

39128949

36328440

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: 114

Reviewer Comment (2026-01-23): XXXXX

Buyer Comment (2026-01-22): XXXXX

01/23/2026

N/A

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33770832

36328441

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

Reviewer Comment (2026-01-23): XXXXX

01/23/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33770832

36328443

Credit

Guideline

Guideline Issue

Guideline

Loan does not meet guideline requirements regarding DTI variance.

Data discrepancy with DTI. Lender DTI 49.079%, Review DTI 50.07294%. The reason for the discrepancy is due to Lender utilized T&I included in escrow for primary mortgage and value is less than source document. Qualifying rate is also less than note interest rate.

Reviewer Comment (2026-03-04): XXXXX

Buyer Comment (2026-03-03): XXXXX

Reviewer Comment (2026-01-27): XXXXX

Buyer Comment (2026-01-23): XXXXX

03/04/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33770832

36328444

Credit

AUS Discrepancy / Guidelines Discrepancy

Guideline

Guideline Requirement: Investor qualifying total debt ratio discrepancy.

Reviewer Comment (2026-03-04): XXXXX

Buyer Comment (2026-03-03): XXXXX

Reviewer Comment (2026-01-27): XXXXX

Buyer Comment (2026-01-23): XXXXX

03/04/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33770832

36328446

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Estimated Taxes, Insurance And Assessments

Final Closing Disclosure does not have escrow information on first and 4th page.

Reviewer Comment (2026-01-25): XXXXX

Buyer Comment (2026-01-23): XXXXX

01/25/2026

Primary

Refinance - Cash-out - Other

TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable

Safe Harbor QM (APOR)

Yes

[redacted]

33770832

36328447

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Property Costs Year 1 Underdisclosed - XXXXX

TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of on Final Closing Disclosure provided on XX/XX/XX are underdisclosed

Waterfall due to Final Closing Disclosure does not have escrow information on first and 4th page.

Reviewer Comment (2026-01-25): XXXXX

Buyer Comment (2026-01-23): XXXXX

01/25/2026

Primary

Refinance - Cash-out - Other

Letter of Explanation & Corrected Closing Disclosure

Safe Harbor QM (APOR)

Yes

[redacted]

33770832

36328448

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Will Not Have Escrow - Property Costs Year 1

TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XX/XX/XX did not disclose Estimated Property Costs over Year 1 for loan with no escrow account established.

Waterfall due to Final Closing Disclosure does not have escrow information on first and 4th page.

Reviewer Comment (2026-01-25): XXXXX

Buyer Comment (2026-01-23): XXXXX

01/25/2026

Primary

Refinance - Cash-out - Other

Letter of Explanation & Corrected Closing Disclosure

Safe Harbor QM (APOR)

Yes

[redacted]

33770832

36328449

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Will Not Have Escrow - Reason

TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XX/XX/XX incorrectly disclosed whether the loan will have an escrow account.

Waterfall due to Final Closing Disclosure does not have escrow information on first and 4th page.

Reviewer Comment (2026-01-25): XXXXX

Buyer Comment (2026-01-23): XXXXX

01/25/2026

Primary

Refinance - Cash-out - Other

Letter of Explanation & Corrected Closing Disclosure

Safe Harbor QM (APOR)

Yes

[redacted]

33770832

36328450

Compliance

Federal Compliance

TRID

TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Desk Review Fee. Fee Amount of $12.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing.

Reviewer Comment (2026-01-22): XXXXX

01/22/2026

Primary

Refinance - Cash-out - Other

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

[redacted]

33770832

36328451

Compliance

Federal Compliance

ATR/QM Defect

General QM Provision Investor and QM DTIs match and both moderately exceed Guidelines

General QM: The DTI calculated in accordance with the Lenders Guidelines and 1026.43(e) of 50.07294% moderately exceeds the guideline maximum of 50.00%. (DTI Exception is eligible to be regraded with compensating factors.)

Reviewer Comment (2026-03-04): XXXXX

Buyer Comment (2026-03-03): XXXXX

Reviewer Comment (2026-01-27): XXXXX

Buyer Comment (2026-01-23): XXXXX

03/04/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33770832

36328452

Compliance

Federal Compliance

ATR/QM Defect

Loan does not meet one or more guideline components which could impact the borrower's ability to repay.

General QM: Based on the loan failing one or more guideline components, the loan is at QM risk.

Waterfall due to DTI exceeding guideline maximum.

Reviewer Comment (2026-03-04): XXXXX

Buyer Comment (2026-03-03): XXXXX

Reviewer Comment (2026-01-27): XXXXX

Buyer Comment (2026-01-23): XXXXX

03/04/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33770832

36328453

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Risk.

Waterfall due to DTI exceeding guideline maximum.

Reviewer Comment (2026-03-04): XXXXX

Buyer Comment (2026-03-03): XXXXX

Reviewer Comment (2026-01-27): XXXXX

Buyer Comment (2026-01-23): XXXXX

03/04/2026

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

Safe Harbor QM (APOR)

Yes

[redacted]

34328199

36328454

Credit

Guideline

Guideline Issue

Guideline

Loan does not meet guideline requirements regarding DTI variance.

Per 1008, lenders DTI of 34.215% is within tolerance of review DTI of 34.215%. Please override.

Reviewer Comment (2026-01-29): XXXXX

Buyer Comment (2026-01-28): XXXXX

01/29/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34328199

36328457

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Risk.

Per 1008, lenders DTI of 34.215% is within tolerance of review DTI of 34.215%. Please override.

Reviewer Comment (2026-01-29): XXXXX

Buyer Comment (2026-01-28): XXXXX

01/29/2026

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

Safe Harbor QM (APOR)

Yes

[redacted]

34328199

36328458

Compliance

Federal Compliance

ATR/QM Defect

Loan does not meet one or more guideline components which could impact the borrower's ability to repay.

General QM: Based on the loan failing one or more guideline components, the loan is at QM risk.

Per 1008, lenders DTI of 34.215% is within tolerance of review DTI of 34.215%. Please override.

Reviewer Comment (2026-01-29): XXXXX

Buyer Comment (2026-01-28): XXXXX

01/29/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34328199

36328459

Compliance

State Compliance

State Defect

(TX50(a)(6)) Texas Cash-out Loan (Points and Fees Exceeds 2% of Original Principal Balance)

XXXXX Constitution Section 50(a)(6): Points and fees on subject loan of 2.11600% is in excess of the allowable maximum of 2.0000% of the Original Principal Loan Amount. Points and Fees total $XXX on an Original Principal Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $XXX or 0.11600%.)

Points and fees on subject loan of 2.24100% is in excess of the allowable maximum of 2.0000% of the Original Principal Loan Amount. Points and Fees total $XXX on an Original Principal Loan Amount of $XXXXX vs. an allowable total of $XXXXX.

Reviewer Comment (2026-03-11): XXXXX

Buyer Comment (2026-03-09): XXXXX

Reviewer Comment (2026-02-24): XXXXX

Buyer Comment (2026-02-20): XXXXX

Reviewer Comment (2026-02-03): XXXXX

Buyer Comment (2026-01-30): XXXXX

03/11/2026

Primary

Refinance - Cash-out - Other

Refund the borrower, or credit their account, an amount equal to any overcharge paid by the borrower. (Provide Proof of Delivery, LOE, and Copy of Check. [A servicing screen print can be provided in place of a check when a credit is applied to the borrowers account.])

Safe Harbor QM (APOR)

Yes

[redacted]

34328199

36328460

Compliance

Federal Compliance

TRID Defect

TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for TX Guaranty Fee. Fee Amount of $2.00 exceeds tolerance of $0.00. $2.00 over legal limit. Insufficient or no cure was provided to the borrower.

TX Guaranty fee not disclosed on initial or final LE. No valid change in circumstance or cure provided.

Reviewer Comment (2026-03-10): XXXXX

Buyer Comment (2026-03-09): XXXXX

03/10/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

34328199

36328461

Credit

Income / Employment

Income Documentation

Missing Document

REO Documents are missing.

Mortgage statement, insurance and tax verification not provided for property located at XXXXX.

Reviewer Comment (2026-02-02): XXXXX

Buyer Comment (2026-01-30): XXXXX

02/02/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

34328199

36328462

Compliance

Federal Compliance

TRID Defect

TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Attorney's Fee (Closing Agent and Other). Fee Amount of $225.00 exceeds tolerance of $150.00. $75.00 over legal limit. Insufficient or no cure was provided to the borrower.

Reviewer Comment (2026-02-02): XXXXX

Buyer Comment (2026-01-30): XXXXX

02/02/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

33447157

36328465

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: 370

Note Date: ___; Lien Position: ___

Reviewer Comment (2026-01-29): XXXXX

Buyer Comment (2026-01-28): XXXXX

01/29/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33447157

36328468

Compliance

Federal Compliance

Missing Non-Required Data

(Missing Data) Last Rate Set Date

Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing.

Rate Lock document is missing.

Reviewer Comment (2026-01-29): XXXXX

Buyer Comment (2026-01-28): XXXXX

01/29/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33447157

36328470

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank XXXXX): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Risk.

Waterfall due to DTI discrepancy.

Reviewer Comment (2026-02-27): XXXXX

02/27/2026

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

Safe Harbor QM (APOR)

Yes

[redacted]

33447157

36328471

Compliance

Federal Compliance

ATR/QM Defect

General QM Provision Investor and QM DTIs match and both moderately exceed Guidelines

General QM: The DTI calculated in accordance with the Lenders Guidelines and 1026.43(e) of 50.04312% moderately exceeds the guideline maximum of 50.00%. (DTI Exception is eligible to be regraded with compensating factors.)

DTI discrepancy due to lender utilizing escrowed tax and insurance for first mortgage which is lesser than updated tax and insurance obligations from source documents.

Borrower has been employed in the same industry for more than 5 years.

Borrower has owned the subject property for at least 5 years.

Borrower has verified disposable income of at least $2500.00.

Borrower has worked in the same position for more than 3 years.

The representative FICO score exceeds the guideline minimum by at least 40 points.

Guidelines Representative FICO: 660

Representative FICO: 729

SitusAMC

Aggregator,SitusAMC

Reviewer Comment (2026-02-27): XXXXX

Reviewer Comment (2026-02-24): XXXXX

Buyer Comment (2026-02-20): XXXXX

02/27/2026

Yes

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33447157

36328472

Compliance

Federal Compliance

ATR/QM Defect

Loan does not meet one or more guideline components which could impact the borrower's ability to repay.

General QM: Based on the loan failing one or more guideline components, the loan is at QM risk.

Waterfall due to DTI discrepancy.

Reviewer Comment (2026-02-25): XXXXX

02/25/2026

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

[redacted]

33447157

36328473

Compliance

Federal Compliance

TRID Defect

TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $70.00 exceeds tolerance of $0.00. $70.00 over legal limit. Insufficient or no cure was provided to the borrower.

Appraisal fee was not disclosed on LE but disclosed as $70 on Final closing disclosure. No cure or valid change of circumstance was provided to borrower.

Reviewer Comment (2026-02-06): XXXXX

Buyer Comment (2026-02-05): XXXXX

Reviewer Comment (2026-02-04): XXXXX

Buyer Comment (2026-02-03): XXXXX

Reviewer Comment (2026-01-30): XXXXX

Buyer Comment (2026-01-29): XXXXX

02/06/2026

Primary

Refinance - Cash-out - Other

Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Safe Harbor QM (APOR)

Yes

[redacted]

33447157

36328474