|
Seller
|
Loan ID
|
Seller Loan ID
|
Investor Loan ID
|
Alt Loan ID
|
Queue
|
Created Date
|
Last Modified Date
|
Finding Status
|
Event Level
|
Finding Category
|
Finding Sub Category
|
Finding Name
|
Reviewer Comments
|
Seller Comments
|
Finding Resolution
|
Finding Document
|
Reviewer Comp Factors
|
Originator Comp Factors
|
State
|
Occupancy
|
Loan Purpose
|
Refinance Purpose
|
Unique Finding ID
|
Acknowledged / Waived By
|
Waiver in File?
|
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030004
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
1 - Information
|
Property
|
Value
|
S&P value equals B, secondary product within tolerance
|
Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will
be rated as A. - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will
be rated as A. - Due Diligence Vendor-XX/XX/XXXX
|
AL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030005
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
2 - Non-Material
|
Compliance
|
Late:Grace
|
Maryland - Minimum Grace Period (Interest & Usury)
|
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) This finding is non-material and can be downgraded to Rated as B. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) This finding is non-material and can be downgraded to Rated as B. - Due Diligence Vendor-XX/XX/XXXX
|
MD
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030007
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Property
|
Value
|
Missing Valuation Review Product - 1
|
Resolved-Received AVM. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-avm val 2 - Due Diligence Vendor-XX/XX/XXXX
Open-A valid secondary valuation supporting the origination appraisal value is not present. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received AVM. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
MI
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030007
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
Fees:Limited
|
Michigan - Maximum Broker & Lender Fees Allowed
|
Cured- - Due Diligence Vendor-XX/XX/XXXX
Cured-Received PCCD with evidence of cure by way of Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to
Borrower. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached copy of check - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see check request pkg - Due Diligence Vendor-XX/XX/XXXX
Counter-Received rebuttal. The Michigan Secondary Mortgage Loan Act prohibits the broker and lender fees from exceeding 5% of the loan
amount. Condition can be cured by refunding the borrower, providing a LOE, copy of refund check, PCCD and proof of delivery. 5% max allowed is $X,XXX.XX and $X,XXX.XX in lender fees were charged ($X,XXX.XX commitment rate lock + $X,XXX.XX
Points/Loan Discount Fee) which equals $X,XXX.XX required to be refunded. Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see revised rebuttal and LDR - Due Diligence Vendor-XX/XX/XXXX
Counter-Received rebuttal. The Michigan Secondary Mortgage Loan Act prohibits the broker and lender fees from exceeding 5% of the loan
amount. Condition can be cured by refunding the borrower, providing a LOE, copy of refund check, PCCD and proof of delivery. 5% max allowed is $X,XXX.XX and $X,XXX.XX in lender fees were charged ($X,XXX.XX commitment rate lock + $X,XXX.XX
Points/Loan Discount Fee) which equals $X,XXX.XX required to be refunded. Condition remains.
- Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see attached rebuttal - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The Michigan Secondary Mortgage Loan Act prohibits the broker and lender fees from exceeding 5% of the loan amount. (Mich. Comp. Laws
Ann. 493.72) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Received PCCD with evidence of cure by way of Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to
Borrower. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
MI
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030011
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Closing
|
Borrower 1 Photo ID is expired
|
Resolved-Received Passport for borrower identification. Borrower photo ID expiration date is XX/XX/XXXX and note is dated XX/XX/XXXX.
Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached. The borrower has provided valid photo ID details for a passport in the place of the driver's license.
- Due Diligence Vendor-XX/XX/XXXX
Open-Borrower photo ID expiration date is XX/XX/XXXX and note is dated XX/XX/XXXX. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Passport for borrower identification. Borrower photo ID expiration date is XX/XX/XXXX and note is dated XX/XX/XXXX.
Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
MA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030010
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Property
|
Appraisal
|
Subject property appraisal is not on an as-is basis (Primary Value)
|
Resolved-Received 1004D. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-1004D - Due Diligence Vendor-XX/XX/XXXX
Open-Primary Value Subject Property Appraisal is not on an As-Is Basis - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received 1004D. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030010
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Property
|
Value
|
Missing Valuation Review Product - 1
|
Resolved-Received 2055. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-2nd val - Due Diligence Vendor-XX/XX/XXXX
Open-A valid secondary valuation supporting the origination appraisal value is not present. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received 2055. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030010
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
1 - Information
|
Property
|
Value
|
S&P value equals B, secondary product within tolerance
|
Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will
be rated as A. - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will
be rated as A. - Due Diligence Vendor-XX/XX/XXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030013
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Closing
|
Borrower 1 Photo ID is expired
|
Resolved-Received Patriot Act Form. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Borrower photo ID expiration date is XX/XX/XXXX and note is dated XX/XX/XXXX. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Hello. Please see attached - Due Diligence Vendor-XX/XX/XXXX
Counter-Received revised Patriot Act Disclosure. State/Foreign Driver’s License issue date is blank and space for expiration date list
XX/XX/XXXX. State/ Foreign ID Card list issue date of XX/XX/XXXX. Please specify which ID is being used. Please also confirm valid issue and expiration date. Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Hello. Please see attached - Due Diligence Vendor-XX/XX/XXXX
Counter-Received revised Patriot Act Disclosure with an added expiration date of XX/XX/XXXX however it is not clear which identification
this new expiration date applies to. If the employee ID card is being used, please provide the confirmation the employee ID card meets identification policy requirements per lender guidelines. Condition remains. - Due Diligence
Vendor-XX/XX/XXXX
Ready for Review-Hello. Please see attached - Due Diligence Vendor-XX/XX/XXXX
Open-Borrower photo ID expiration date is XX/XX/XXXX and note is dated XX/XX/XXXX. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Patriot Act Form. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Borrower photo ID expiration date is XX/XX/XXXX and note is dated XX/XX/XXXX. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030014
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Borrower 2 Credit Report is Missing
|
Resolved-The origination loan file was missing the Revised Note. Revised Note with 1 obligated borrower received. Condition Resolved. -
Due Diligence Vendor-XX/XX/XXXX
Ready for Review-THERE IS NO 2ND BORROWER. SEE REVISED NOTE. NO NON BORR CREDIT NEEDED - Due Diligence Vendor-XX/XX/XXXX
Counter-The Borrower's XXXXX signed the note and is obligated on the loan. The Borrower's XXXXX was also listed as a borrower on the final
loan application. Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-There is not a 2nd borrower on loan - Due Diligence Vendor-XX/XX/XXXX
Counter-Received LOE indicating there is not a 2nd borrower and the XXXXX is only on title. The Note reflects both as borrowers. Condition
remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-lox - Due Diligence Vendor-XX/XX/XXXX
Open-Borrower 2 Credit Report is Missing. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The origination loan file was missing the Revised Note. Revised Note with 1 obligated borrower received. Condition Resolved. -
Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Debt Consolidation
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030014
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Borrower 2 Executed 4506-T Missing
|
Resolved-Borrower 2 Executed 4506-T Provided or Not Applicable (Number of Borrowers equals 2) - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-There is not a second borrower on loan. pleaase clear - Due Diligence Vendor-XX/XX/XXXX
Open-Borrower 2 Executed 4506-T Missing - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Borrower 2 Executed 4506-T Provided or Not Applicable (Number of Borrowers equals 2) - Due Diligence Vendor-XX/XX/XXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Debt Consolidation
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030014
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Insurance
|
Hazard Insurance Effective Date is after the Disbursement Date
|
Resolved-Received prior policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Hazard Insurance Effective Date of XX/XX/XXXX is prior to or equal to the Disbursement Date of XX/XX/XXXX Or Hazard Insurance
Effective Date Is Not Provided - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-HOI current XX to XX - Due Diligence Vendor-XX/XX/XXXX
Open-Hazard Insurance Effective Date of XX/XX/XXXX is after the Note Date of XX/XX/XXXX - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received prior policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Hazard Insurance Effective Date of XX/XX/XXXX is prior to or equal to the Disbursement Date of XX/XX/XXXX Or Hazard Insurance
Effective Date Is Not Provided - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Debt Consolidation
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030016
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Tolerance:Disclosure
|
Federal - Loan Estimate Mailed/Delivered Within Three Business Days of Application
|
Resolved-Received Initial LE. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Hello. Please see attached - Due Diligence Vendor-XX/XX/XXXX
Open-The Initial Disclosure Date (XX/XX/XXXX) is more than 3 business days from the Application Date (XX/XX/XXXX). Three business days from
the Application Date is (XX/XX/XXXX). Under Regulation Z, a Loan Estimate must be delivered or placed in the mail not later than the third business day after receiving a consumer's application.(12 CFR 1026.19(e)(1)(iii)) - Due Diligence
Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Initial LE. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
MI
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030019
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-Unsigned CD from recently closed senior mortgage from Lender. DD Accepts Lender's documentation as evidence of payoff. Condition
Resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-(Rate Lock) The account is highlighted to show the account that was paid. - Due Diligence Vendor-XX/XX/XXXX
Counter-Received CD for recently closed senior mortgage that does list the payoff of the debts in question however the CD is not executed.
Please provide executed CD for the senior lien for this document to be used as evidence of payoff. Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-verif omitted debt - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-verif XXXXX paid - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements Missing proof omitting payments for credit report
liabilities No.2,4,8,9,11,12 - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Unsigned CD from recently closed senior mortgage from Lender. DD Accepts Lender's documentation as evidence of payoff. Condition
Resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
MI
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030019
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Eligibility
|
Audited DTI Exceeds Guideline DTI
|
Resolved-Unsigned CD from recently closed senior mortgage from Lender. DD Accepts Lender's documentation as evidence of payoff. DTI meets
guideline requirements. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-(Rate Lock) The account is highlighted to show the account that was paid. - Due Diligence Vendor-XX/XX/XXXX
Counter-Received CD for recently closed senior mortgage that does list the payoff of the debts in question however the CD is not executed.
Please provide executed CD for the senior lien for this document to be used as evidence of payoff. Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-verif omitted debt XXXXX - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-verif XXXXX paid - Due Diligence Vendor-XX/XX/XXXX
Open-Audited DTI of 56.64% exceeds Guideline DTI of 50% Missing proof omitting payments for credit report liabilities No.2,4,8,9,11,12 -
Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Unsigned CD from recently closed senior mortgage from Lender. DD Accepts Lender's documentation as evidence of payoff. DTI meets
guideline requirements. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
MI
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030019
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-Unsigned CD from recently closed senior mortgage from Lender. DD Accepts Lender's documentation as evidence of payoff. - Due
Diligence Vendor-XX/XX/XXXX
Ready for Review-(Rate Lock) The account is highlighted to show the account that was paid. - Due Diligence Vendor-XX/XX/XXXX
Counter-Received CD for recently closed senior mortgage that does list the payoff of the debts in question however the CD is not executed.
Please provide executed CD for the senior lien for this document to be used as evidence of payoff. Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-verif moitted debt XXXXX - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-verif XXXXX paid - Due Diligence Vendor-XX/XX/XXXX
Open-- Requesting the omitting proof for the credit report liabilities No.2,4,8,9,11,12
- Missing mortgage statement for 1st Mortgage. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Unsigned CD from recently closed senior mortgage from Lender. DD Accepts Lender's documentation as evidence of payoff. - Due
Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
MI
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030019
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
Fees:Limited
|
Michigan - Maximum Broker & Lender Fees Allowed
|
Cured-Received copy of refund check. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached. - Due Diligence Vendor-XX/XX/XXXX
Counter-Received Letter of Explanation, Corrected PCCD, and Proof of Delivery to Borrower. Please provide copy of check once available and
condition will be Cured and downgraded. Condition maintained.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached. - Due Diligence Vendor-XX/XX/XXXX
Counter-Lender fees include Discount Points of $X,XXX.XX and Lock Fee of $X,XXX.XX for total lender fees of $X,XXX.XX which exceeds 5% of
the loan amount at $X,XXX.XX. Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please provide your calculation for the 5% fees. - Due Diligence Vendor-XX/XX/XXXX
Open-The Michigan Secondary Mortgage Loan Act prohibits the broker and lender fees from exceeding 5% of the loan amount. (Mich. Comp. Laws
Ann. 493.72) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Received copy of refund check. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
MI
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030022
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-Received final CD from prior loan evidencing payoff of liabilities 6 through 11. Condition cleared. - Due Diligence
Vendor-XX/XX/XXXX
Ready for Review-final cd prev loan - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements Missing evidence that consumer debts were paid
off prior to close. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received final CD from prior loan evidencing payoff of liabilities 6 through 11. Condition cleared. - Due Diligence
Vendor-XX/XX/XXXX
|
XXXXX
|
MO
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030022
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-Received final CD from prior loan evidencing payoff of liabilities 6 through 11. Condition cleared. - Due Diligence
Vendor-XX/XX/XXXX
Ready for Review-final cd prev loan - Due Diligence Vendor-XX/XX/XXXX
Open-Missing evidence liabilities 6 through 11 were paid prior to close. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received final CD from prior loan evidencing payoff of liabilities 6 through 11. Condition cleared. - Due Diligence
Vendor-XX/XX/XXXX
|
XXXXX
|
MO
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030022
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
2 - Non-Material
|
Compliance
|
Payment:1stPayment
|
Missouri - Days to First Payment
|
Acknowledged-Testing is out of scope. Downgraded to Rated as B as there is no resulting assignee liability. Acknowledged by Investor. -
Due Diligence Vendor-XX/XX/XXXX
Escalated-Escalated to XXXXX - Due Diligence Vendor-XX/XX/XXXX
Counter-No Cure - Cure Provision Unavailable for Days to First Payment condition. This condition cannot be cleared as there is no cure
provision provided for a violation to Mo. Rev. Stat. 408.232.2. Condition maintained.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-XXXX Missouri Revised Statutes
Title XXVI - Trade and Commerce
Chapter 408 - Legal Tender and Interest
Section 408.232 - Rates and terms.
408.232. Rates and terms. — 1. With respect to a second mortgage loan, any person, firm or corporation may charge, contract for, and receive
interest in any manner at rates agreed to by the parties computed on unpaid balances of the principal for the time actually outstanding.
2. The term of the loan, for purposes of this section, commences with the date the loan is made. Differences in the lengths of months are
disregarded, and a day may be counted as one-thirtieth of a month and one-three hundred sixtieth of a year. When a second mortgage loan contract provides for monthly installments, the first installment may be payable at any time within one
month and fifteen days of the date of the loan. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-This loan includes a first payment date of (XX/XX/XXXX) and consummation date of (XX/XX/XXXX). The Missouri Second Mortgage Loan
Interest Provisions prohibit the days until first payment from exceeding 45 days. (Mo. Rev. Stat. 408.232.2) . - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-Testing is out of scope. Downgraded to Rated as B as there is no resulting assignee liability. Acknowledged by Investor. -
Due Diligence Vendor-XX/XX/XXXX
|
MO
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030023
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-vom - Due Diligence Vendor-XX/XX/XXXX
Open-Documentation is missing to verify P&I of REO 3b - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
OH
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030023
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Documentation 1
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-XXXXX zero bal - Due Diligence Vendor-XX/XX/XXXX
Open-Documentation is missing to verify installment tradeline of balance $X,XXX.XX disclosed on credit report. - Due Diligence
Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
OH
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030023
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Eligibility
|
Housing History Does Not Meet Guideline Requirements
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-vom - Due Diligence Vendor-XX/XX/XXXX
Open-Housing History Does Not Meet Guideline Requirements Missing Housing History for REO as reflected in section 3b of final application. -
Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
OH
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030023
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-XXXXX zdro pymt - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements 1) Documentation is missing to verify installment
tradeline of balance $X,XXX.XX disclosed on credit report.
2) Documentation is missing to verify $556.45 P&I of REO 3b - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
OH
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030024
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Eligibility
|
Audited CLTV Exceeds Guideline CLTV
|
Resolved-Received rebuttal. Updated maximum CLTV to 75%. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Audited CLTV of XX.XX% is less than or equal to Guideline CLTV of 75% - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-HLTV should be 75% at least as primary res and credit score 716. Please clear - Due Diligence Vendor-XX/XX/XXXX
Open-Audited CLTV of XX.XX% exceeds Guideline CLTV of 65% - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received rebuttal. Updated maximum CLTV to 75%. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Audited CLTV of XX.XX% is less than or equal to Guideline CLTV of 75% - Due Diligence Vendor-XX/XX/XXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030026
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-Received AUS reflecting the collection in question does not need to be paid off prior to or at closing. Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements Charge-off not paid prior to or at closing. -
Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received AUS reflecting the collection in question does not need to be paid off prior to or at closing. Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030026
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Closing
|
Collections, liens or judgments not paid at closing
|
Resolved-Received AUS reflecting the collection in question does not need to be paid off prior to or at closing. Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-du findings not needed to pay coll - Due Diligence Vendor-XX/XX/XXXX
Open-Per Guidelines, all judgments, non-medical collections, charge-offs and tax liens must be paid at or prior to close. The credit report
reflects a charge-off account with a balance of $X,XXX.XX. The loan file did not contain documentation that this debt was paid off prior to closing and the final Closing Disclosure does not reflect pay-off of this account. - Due Diligence
Vendor-XX/XX/XXXX
|
Resolved-Received AUS reflecting the collection in question does not need to be paid off prior to or at closing. Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030030
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Closing
|
Borrower 2 Photo ID is expired
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Borrower 2 photo ID expiration date is XX/XX/XXXX and note is dated XX/XX/XXXX. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Attached - borrowers temporary ID - Permanent ID to follow - Due Diligence Vendor-XX/XX/XXXX
Counter-Received evidence the co-borrower was planning to get ID updated post-closing. ID was expired at closing. Condition maintained.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Attached - email from XXXXX XXXXX - Due Diligence Vendor-XX/XX/XXXX
Open-Borrower 2 photo ID expiration date is XX/XX/XXXX and note is dated XX/XX/XXXX. B2 did not enter an expiration date for their
identification. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Borrower 2 photo ID expiration date is XX/XX/XXXX and note is dated XX/XX/XXXX. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CO
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030031
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Credit History taken into consideration does not meet requirements
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Credit History taken into consideration meets requirements - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-mtg history - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Credit History taken into consideration does not meet requirements Missing 1st lien mortgage history - Due Diligence
Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Credit History taken into consideration meets requirements - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030031
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Eligibility
|
Housing History Does Not Meet Guideline Requirements
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-mtg hist - Due Diligence Vendor-XX/XX/XXXX
Open-Housing History Does Not Meet Guideline Requirements Missing 1st lien mortgage history - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030034
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing proof of residency status for Non-US Citizen (Borrower 1)
|
Resolved-Proof of residency status for Non-US Citizen (Borrower 1) provided. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Received Permanent Resident card. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Open-Missing proof of residency status for Non-US Citizen (Borrower 1) - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Proof of residency status for Non-US Citizen (Borrower 1) provided. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Received Permanent Resident card. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
FL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030033
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-Seller confirms the prior copy of the Note contained pages that were part of a different transaction (unrelated to the subject)
with the subject borrower signature page. Full correct copy of Note provided. Condition Resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please let us know if you are referring to the provided copy of the Note or the original collateral - the first 3 pages of
the Note for an entirely different borrower and transaction were included in the uploaded legal package in error and should not be considered in any calculation regarding this borrower - that Note for the "undisclosed property" (property
address XXXX XXXXX XX) is for borrower last name XXXXX, XXXXX ln# XXXX (Also a XXXXX, you may be able to cross reference in your system, XXXXX loan ID# XXXX). A copy of the complete, correct and ONLY note was provided in the trailing docs on
XX/XX/XXXX. As such, this is an invalid condition, please clear as soon as possible. - Due Diligence Vendor-XX/XX/XXXX
Counter-Received a credit supplement for the subject property's senior lien. Loan file contains an executed Note for an undisclosed
property in XXXXX, GA with a loan amount of $X,XXX.XX dated the same day the subject loan disbursed. The lender is the same lender as the subject loan. Please provide documentation supporting PITIA. DTI will be recalculated upon receipt.
Additional conditions may apply. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-vom - Due Diligence Vendor-XX/XX/XXXX
Open-Loan file contains an executed Note for an undisclosed property in XXXXX, GA with a loan amount of $X,XXX.XX dated the same day the
subject loan disbursed. The lender is the same lender as the subject loan. Please provide documentation supporting PITIA. DTI will be recalculated upon receipt. Additional conditions may apply. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Seller confirms the prior copy of the Note contained pages that were part of a different transaction (unrelated to the subject)
with the subject borrower signature page. Full correct copy of Note provided. Condition Resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
PA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030033
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-Seller confirms the prior copy of the Note contained pages that were part of a different transaction (unrelated to the subject)
with the subject borrower signature page. Full correct copy of Note provided. Condition Resolved. - Due Diligence Vendor-XX/XX/XXXX
Counter-Received a credit supplement for the subject property's senior lien. Loan file contains an executed Note for an undisclosed
property in XXXXX, GA with a loan amount of $X,XXX.XX dated the same day the subject loan disbursed. The lender is the same lender as the subject loan. Please provide documentation supporting PITIA. DTI will be recalculated upon receipt.
Additional conditions may apply. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-vom - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements Loan file contains an executed Note for an
undisclosed property in XXXXX, GA with a loan amount of $X,XXX.XX dated the same day the subject loan disbursed. The lender is the same lender as the subject loan. Please provide documentation supporting PITIA. DTI will be recalculated upon
receipt. Additional conditions may apply. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Seller confirms the prior copy of the Note contained pages that were part of a different transaction (unrelated to the subject)
with the subject borrower signature page. Full correct copy of Note provided. Condition Resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
PA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030033
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
Rescission:Variance
|
Federal - Right of Rescission Variance Failure (TILA)
|
Cured- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Cured-Reopened rescission cancellation date has expired. Condition cured. The finding will be deemed non-material. - Due Diligence
Vendor-XX/XX/XXXX
Ready for Review-Received proof of delivery. Condition will be cured after expiration of reopened rescission which is EOD XX/XX/XXXX.
Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-RTC package uploaded to condition ID XXXX - Due Diligence Vendor-XX/XX/XXXX
Open-The disclosed "Right to Cancel Expire Date" (XX/XX/XXXX) is earlier than the system calculated "Right to Cancel Expire Date"
(XX/XX/XXXX). Under Regulation Z, funds may not be disbursed to the borrower until the expiration of the rescission period. (12 CFR 1026.23(c) and Official Staff Commentary) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured- - Due Diligence Vendor-XX/XX/XXXX
Cured-Reopened rescission cancellation date has expired. Condition cured. The finding will be deemed non-material. - Due Diligence
Vendor-XX/XX/XXXX
|
PA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030033
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
Rescission:Disbursement
|
Federal - Right of Rescission (Loan Disbursement Violation) (TILA)
|
Cured- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Cured-Reopened rescission cancellation date has expired. Condition cured. The finding will be deemed non-material. - Due Diligence
Vendor-XX/XX/XXXX
Ready for Review-Received proof of delivery. Condition will be cured after expiration of reopened rescission which is EOD XX/XX/XXXX.
Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-RTC package uploaded to condition ID XXXX - Due Diligence Vendor-XX/XX/XXXX
Open-The loan disbursement date (XX/XX/XXXX) is earlier than, or the same day as, the calculated "Right to Cancel Expire Date" (XX/XX/XXXX).
Under Regulation Z, funds may not be disbursed to the borrower until after the expiration of the rescission period. (Reg Z, 12 CFR 1026.23(c) and Official Staff Commentary) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured- - Due Diligence Vendor-XX/XX/XXXX
Cured-Reopened rescission cancellation date has expired. Condition cured. The finding will be deemed non-material. - Due Diligence
Vendor-XX/XX/XXXX
|
PA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030033
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
Disclosure
|
TILA: NORTC Missing for one or more borrowers/vested parties
|
Cured-Reopened rescission cancellation date has expired. Condition cured. The finding will be deemed non-material. - Due Diligence
Vendor-XX/XX/XXXX
Ready for Review-Tracking # for NORTC XXXX - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Received proof of delivery. Condition will be cured after expiration of reopened rescission which is EOD XX/XX/XXXX.
Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Per provided XXXXX tracking, delivered XX/XX/XXXX - Due Diligence Vendor-XX/XX/XXXX
Counter-Received letter of explanation and re-disclosed RTC with cancellation date of EOD XX/XX/XXXX. Please provide proof of receipt when
available. Condition will be cured upon receiving evidence of receipt and after expiration of reopened rescission. Condition remains.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-revised NORTC for review - Due Diligence Vendor-XX/XX/XXXX
Counter-Received NORTC with a transaction date of XX/XX/XXXX and borrower acknowledged date of XX/XX/XXXX which was after the loan
disbursed. Please provide valid NORTC. Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-NORTC - Due Diligence Vendor-XX/XX/XXXX
Open-TILA: NORTC Missing for one or more borrowers/vested parties - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Reopened rescission cancellation date has expired. Condition cured. The finding will be deemed non-material. - Due Diligence
Vendor-XX/XX/XXXX
|
XXXXX
|
PA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030033
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Late:Grace
|
Pennsylvania - Minimum Grace Period (MLILCPA)
|
Resolved-Received Note. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Note uploaded to condition ID XXXX - Due Diligence Vendor-XX/XX/XXXX
Counter-Condition will be revisited after receipt of the executed Note for the subject property. Condition remains. - Due Diligence
Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please advise what is needed to clear this condition, as normally it is cleared stating 'client elected to waive'" - Due
Diligence Vendor-XX/XX/XXXX
Open-Under the Pennsylvania Mortgage Licensing Act, a late charge may not be assessed unless the payment is in default for more than 15
days. (7 Pa. Stat. 6125) Under the Pennsylvania Mortgage Licensing Act, a late charge may not be assessed unless the payment is in default for more than 15 days. (7 Pa. Stat. 6125) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Note. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
PA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030033
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
The Note is Missing
|
Resolved-Received Note. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached - Due Diligence Vendor-XX/XX/XXXX
Open-The Note is Missing - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Note. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
PA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030032
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Eligibility
|
Delinquent Credit History Does Not Meet Guideline Requirements
|
Resolved-Received AUS reflecting the collection in question does not need to be paid off prior to or at closing. Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-du findings charge off not needed to pay - Due Diligence Vendor-XX/XX/XXXX
Open-Delinquent Credit History Does Not Meet Guideline Requirements The DU in the file in invalid. Manual underwrites require all
non-medical charge offs to be paid prior to or at closing. The file does not contain any evidence the $X,XXX.XX charge off, item #2 on the credit report has been paid. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received AUS reflecting the collection in question does not need to be paid off prior to or at closing. Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CT
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030032
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Credit History taken into consideration does not meet requirements
|
Resolved-Received AUS reflecting the collection in question does not need to be paid off prior to or at closing. Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Credit History taken into consideration does not meet requirements Missing proof of solar power payment amount and charge
off being paid off. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received AUS reflecting the collection in question does not need to be paid off prior to or at closing. Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
|
CT
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030032
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Closing
|
Incomplete AUS Results
|
Resolved-Received rebuttal indicating payment on DU includes T&I. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-lox payment - Due Diligence Vendor-XX/XX/XXXX
Open-AUS Results are incomplete. The AUS in the file is not valid. DU Ration Information, Item 21: 1st Issue, The real estate taxes for this
case are $0.00 or blank; therefore, the qualifying ratios and the underwriting results may not be accurate. Update the value on the loan application and resubmit the loan casefile to DU. Also include hazard insurance. 2nd Issue: The lender ran
the AUS with the subject transaction in 1st lien position and the 1st lien in 2nd position. : For standalone transactions, enter the unpaid principal balance (UPB) of the first lien in the "loan amount" field and the second lien amount in the
"subordinate financing" section under "details of the transaction" for accurate DU findings - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received rebuttal indicating payment on DU includes T&I. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CT
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030035
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Enterprise:FeeLimits
|
ER - Texas Constitution 2% Fee Limit (Starting Adjusted Rate and Bona Fide Decrease)
|
Resolved-Received Itemization of to show general lender credit was used to offset fees. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Resolved-Received Itemization of to show general lender credit was used to offset fees. Condition cleared. - Due Diligence
Vendor-XX/XX/XXXX
Ready for Review-Please review - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The Texas Constitution prohibits fees from exceeding 2% of the principal balance on a non-purchase money loan. (Tex. Const. Art. 16
Sec. 50(a)(6)(E); 7 TX ADC Sec. 153.5) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Itemization of to show general lender credit was used to offset fees. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Received Itemization of to show general lender credit was used to offset fees. Condition cleared. - Due Diligence
Vendor-XX/XX/XXXX
|
XXXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030035
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Fees:Limited
|
Texas - Maximum Fees Allowed (Starting Adjusted Rate and Bona Fide Decrease)
|
Resolved-Received Itemization of to show general lender credit was used to offset fees. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Resolved-Received Itemization of to show general lender credit was used to offset fees. Condition cleared. - Due Diligence
Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The Texas Constitution prohibits fees from exceeding 2% of the principal balance on a non-purchase money loan. (Tex. Const. Art. 16
Sec. 50(a)(6)(E); 7 TX ADC Sec. 153.5) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Itemization of to show general lender credit was used to offset fees. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Received Itemization of to show general lender credit was used to offset fees. Condition cleared. - Due Diligence
Vendor-XX/XX/XXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030035
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Borrower 2 3rd Party VOE Prior to Close Missing
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Borrower 2 3rd Party VOE Prior to Close Was Provided or Not Applicable (Number of Borrowers equals 2) - Due Diligence
Vendor-XX/XX/XXXX
Ready for Review-3rd party - Due Diligence Vendor-XX/XX/XXXX
Open-Borrower 2 3rd Party VOE Prior to Close Missing - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Borrower 2 3rd Party VOE Prior to Close Was Provided or Not Applicable (Number of Borrowers equals 2) - Due Diligence
Vendor-XX/XX/XXXX
|
XXXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030036
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
XXXXX
|
VA Fee Not Allowed- Commitment Rate Lock Fee (Fee ID: 83)
|
Cured-Received copy of refund check. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-copy of check for review - Due Diligence Vendor-XX/XX/XXXX
Counter-Please provide copy of check once available and condition will be Cured and downgraded. Condition maintained. - Due Diligence
Vendor-XX/XX/XXXX
Ready for Review-attached is the check request for review. once copy of check received, I will provide. - Due Diligence Vendor-XX/XX/XXXX
Counter-Received Letter of Explanation, Corrected PCCD, and Proof of Delivery to Borrower. Please provide copy of check once available and
condition will be Cured and downgraded. Condition maintained.
- Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Open-Section 6.2-328 of the Virginia Interest and Usury Provisions does not allow Commitment (Rate Lock) Fee (Fee ID: 83) to be charged to
the Borrower in VA. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Received copy of refund check. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
VA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030036
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
TRID
|
Information required for CD 'Loan Disclosures' Security Interest, Partial Payments, & Negative Amortization sections not completed or
completed in error
|
Resolved-Received corrected PCCD and evidence of corrected DOT. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Attached LOX and corrected final CD for review - Due Diligence Vendor-XX/XX/XXXX
Open-Information required for CD 'Loan Disclosures' Security Interest, Partial Payments, & Negative Amortization sections not completed
or completed in error City name under security interest section of final CD does not match city name as per Note. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received corrected PCCD and evidence of corrected DOT. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
VA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030038
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Property
|
Appraisal
|
Missing Secondary Valuation
|
Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Received 2055. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-2nd valuation - Due Diligence Vendor-XX/XX/XXXX
Open-A valid secondary valuation supporting the origination appraisal value is not present. CU score is 2.6. - Due Diligence
Vendor-XX/XX/XXXX
|
Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Received 2055. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
IN
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030038
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
1 - Information
|
Property
|
Value
|
S&P value equals B, secondary product within tolerance
|
Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will
be rated as A. - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will
be rated as A. - Due Diligence Vendor-XX/XX/XXXX
|
IN
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030037
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements
|
Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-XX/XX/XXXX
Resolved-Received tax returns. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Counter-Received personal tax returns for XXXX and XXXX business returns for business reflected in 1c of the 1003 however XXXX business tax
returns for business in 1b were not provided. Please provided XXXX business tax returns for business in 1b. Additional conditions may apply. Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements Final 1003 reflects 2 businesses in 1b and
1c with only XXXX personal and business tax returns provided. There was no AUS in the loan file. Lender guidelines require 2 years of tax returns. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-XX/XX/XXXX
Resolved-Received tax returns. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030037
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Income/Employment
|
Borrower 1 Business Tax Returns Less Than 24 Months Provided
|
Resolved-Received tax returns. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-XXXX XXXXX - Due Diligence Vendor-XX/XX/XXXX
Counter-Received personal tax returns for XXXX and XXXX business returns for business reflected in 1c of the 1003 however XXXX business tax
returns for business in 1b were not provided. Please provided XXXX business tax returns for business in 1b. Additional conditions may apply. Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-XXXX ret - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-XXXX pers return - Due Diligence Vendor-XX/XX/XXXX
Open-Final 1003 reflects 2 self-employed businesses in 1b and 1c with only XXXX personal and business tax return provided. There was no AUS
in the loan file. Lender guidelines require 2 years of tax returns. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received tax returns. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030041
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
XXXXX
|
Fees: Prohibited
|
Cured-Received copy of refund check. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached copy of check - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see attached copy of check - Due Diligence Vendor-XX/XX/XXXX
Counter-Received Letter of Explanation, Corrected PCCD, and Proof of Delivery to Borrower. Please provide copy of check once available and
condition will be Cured and downgraded. Condition maintained.
- Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached check request - Due Diligence Vendor-XX/XX/XXXX
Counter-Received rebuttal. The Vermont Interest Statute does not allow the following fees to be paid by the Borrower on a junior lien loan:
Origination Fee, Rate Buy Down Fee, Commitment (Rate Lock) Fee, Escrow Waiver Fee, 203(k) Supplemental Origination Fee, and 203(k) Discount on Repairs. (Vt. Stat. Ann. Tit. 9, Sec. 42). The loan has a $X,XXX.XX Lock Fee paid to the lender.
Provide Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to Borrowers. Condition remains.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see attached rebuttal - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The Vermont Interest Statute does not allow the following fees to be paid by the Borrower on a junior lien loan: Origination Fee, Rate
Buy Down Fee, Commitment (Rate Lock) Fee, Escrow Waiver Fee, 203(k) Supplemental Origination Fee, and 203(k) Discount on Repairs. (Vt. Stat. Ann. Tit. 9, Sec. 42) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Received copy of refund check. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
VT
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030040
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Condo Master Insurance Policy
|
Resolved-The lender provided the required documents. Condition resolved - Due Diligence Vendor-XX/XX/XXXX
Resolved-Condo Master Insurance Policy is fully present - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-master policy - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Condo Master Insurance Policy - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved - Due Diligence Vendor-XX/XX/XXXX
Resolved-Condo Master Insurance Policy is fully present - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
WI
|
Primary Residence
|
Refinance
|
Cash Out - Debt Consolidation
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030040
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-The lender provided the required documents. Condition resolved - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements HOA Documentation Missing - Due Diligence
Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
|
WI
|
Primary Residence
|
Refinance
|
Cash Out - Debt Consolidation
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030040
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-The lender provided the required HOA documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-hoa dues - Due Diligence Vendor-XX/XX/XXXX
Open-HOA Documentation Missing - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required HOA documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
WI
|
Primary Residence
|
Refinance
|
Cash Out - Debt Consolidation
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030039
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Credit History taken into consideration does not meet requirements
|
Resolved-Received DU Approve that indicates collection is not required to be paid off. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Counter-Received a copy of the DU findings which was included in the loan file. The Desktop Underwriter AUS in file condition #16 required
the past due amounts to be paid. These were not paid on the final Closing Disclosure and file does not reflect them being paid prior to the subject loan closing. DU Condition #16 also states that if the two accounts are actually collections or
charged-off accounts, the lender may follow DU collection and charge-off policy, which would not require them to be paid off. However, lender's Derogatory Events guidelines state all non-medical collections and charge-offs over $X,XXX.XX
individually and over $X,XXX.XX in aggregate need to be paid off. If these 2 accounts were not collections or charge-offs, then evidence the past due amounts were paid is needed. If the accounts are actually collections or charge-offs, then
evidence the entire balance of the two accounts were paid off is needed. Condition remains - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-du findigs - Due Diligence Vendor-XX/XX/XXXX
Counter-Received a copy of the DU findings which was included in the loan file. The Desktop Underwriter AUS in file condition #16 required
the past due amounts to be paid. These were not paid on the final Closing Disclosure and file does not reflect them being paid prior to the subject loan closing. DU Condition #16 also states that if the two accounts are actually collections or
charged-off accounts, the lender may follow DU collection and charge-off policy, which would not require them to be paid off. However, lender's Derogatory Events guidelines state all non-medical collections and charge-offs over $X,XXX.XX
individually and over $X,XXX.XX in aggregate need to be paid off. If these 2 accounts were not collections or charge-offs, then evidence the past due amounts were paid is needed. If the accounts are actually collections or charge-offs, then
evidence the entire balance of the two accounts were paid off is needed. Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-du findings - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Credit History taken into consideration does not meet requirements Tradelines #2 and #3 on the credit report reflect as
Credit Card accounts and had Past Due Balances (the comments for each account say the credit grantor has reported the unpaid balance on each as a loss). The Desktop Underwriter AUS in file condition #16 required the past due amounts to be
paid. These were not paid on the final Closing Disclosure and file does not reflect them being paid prior to the subject loan closing. DU Condition #16 also states that if the two accounts are actually collections or charged-off accounts, the
lender may follow DU collection and charge-off policy, which would not require them to be paid off. However, lender's Derogatory Events guidelines state all non-medical collections and charge-offs over $X,XXX.XX individually and over $X,XXX.XX
in aggregate need to be paid off. If these 2 accounts were not collections or charge-offs, then evidence the past due amounts were paid is needed. If the accounts are actually collections or charge-offs, then evidence the entire balance of the
two accounts were paid off is needed. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received DU Approve that indicates collection is not required to be paid off. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
OK
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030039
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Eligibility
|
Delinquent Credit History Does Not Meet Guideline Requirements
|
Resolved-Received DU Approve that indicates collection is not required to be paid off. Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-d findings. they are collections accounts and do not need to be paid - Due Diligence Vendor-XX/XX/XXXX
Counter-Received a copy of the DU findings which was included in the loan file. The Desktop Underwriter AUS in file condition #16 required
the past due amounts to be paid. These were not paid on the final Closing Disclosure and file does not reflect them being paid prior to the subject loan closing. DU Condition #16 also states that if the two accounts are actually collections or
charged-off accounts, the lender may follow DU collection and charge-off policy, which would not require them to be paid off. However, lender's Derogatory Events guidelines state all non-medical collections and charge-offs over $X,XXX.XX
individually and over $X,XXX.XX in aggregate need to be paid off. If these 2 accounts were not collections or charge-offs, then evidence the past due amounts were paid is needed. If the accounts are actually collections or charge-offs, then
evidence the entire balance of the two accounts were paid off is needed. Condition remains - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-du findings - Due Diligence Vendor-XX/XX/XXXX
Counter-Received a copy of the DU findings which was included in the loan file. The Desktop Underwriter AUS in file condition #16 required
the past due amounts to be paid. These were not paid on the final Closing Disclosure and file does not reflect them being paid prior to the subject loan closing. DU Condition #16 also states that if the two accounts are actually collections or
charged-off accounts, the lender may follow DU collection and charge-off policy, which would not require them to be paid off. However, lender's Derogatory Events guidelines state all non-medical collections and charge-offs over $X,XXX.XX
individually and over $X,XXX.XX in aggregate need to be paid off. If these 2 accounts were not collections or charge-offs, then evidence the past due amounts were paid is needed. If the accounts are actually collections or charge-offs, then
evidence the entire balance of the two accounts were paid off is needed. Condition remains.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-du findings - Due Diligence Vendor-XX/XX/XXXX
Open-Delinquent Credit History Does Not Meet Guideline Requirements Tradelines #2 and #3 on the credit report reflect as Credit Card
accounts and had Past Due Balances (the comments for each account say the credit grantor has reported the unpaid balance on each as a loss). The Desktop Underwriter AUS in file condition #16 required the past due amounts to be paid. These
were not paid on the final Closing Disclosure and file does not reflect them being paid prior to the subject loan closing. DU Condition #16 also states that if the two accounts are actually collections or charged-off accounts, the lender may
follow DU collection and charge-off policy, which would not require them to be paid off. However, lender's Derogatory Events guidelines state all non-medical collections and charge-offs over $X,XXX.XX individually and over $X,XXX.XX in
aggregate need to be paid off. If these 2 accounts were not collections or charge-offs, then evidence the past due amounts were paid is needed. If the accounts are actually collections or charge-offs, then evidence the entire balance of the
two accounts were paid off is needed. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received DU Approve that indicates collection is not required to be paid off. Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
OK
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030042
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
XXXXX
|
NJ Fee Not Allowed- Commitment Rate Lock Fee (Fee ID: 83)
|
Cured-Received copy of refund check. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Copy of check_XXXX__XXXXX - Due Diligence Vendor-XX/XX/XXXX
Counter-Received Letter of Explanation, Corrected PCCD, and Proof of Delivery to Borrower. Please provide copy of check once available and
condition will be Cured and downgraded. Condition maintained.
- Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please review - Ck Request Pkg_XXXX__XXXXX - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The New Jersey Residential Mortgage Lending Act (N.J. Rev. Stat. 17:11C-80; N.J. ADC 3:15-9.2) does not allow Commitment (Rate Lock)
Fee (Fee ID: 83) to be charged to the Borrower in NJ. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Received copy of refund check. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NJ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030042
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Tolerance:Disclosure
|
Federal - Closing Disclosure and Consummation Date
|
Resolved-Received evidence of initial CD received date. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-The initial CD was electronically sent to the borrower on XX/XX/XXXX. The borrower acknowledged receipt of the CD on
XX/XX/XXXX. Loan closed XX/XX/XXXX. Timing was met. Please see attached supporting documentation. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The Initial Closing Disclosure was provided on (XX/XX/XXXX) via (XXXXX). Under Regulation Z, a consumer must receive the Initial
Closing Disclosure reflecting the actual terms of the transaction not later than three business days prior to the consummation date of (XX/XX/XXXX). Since the Initial Closing Disclosure was not provided in person, a consumer is considered to
have received it on (XX/XX/XXXX), which is three business days after it was delivered or placed in the mail. Since the Initial Closing Disclosure was not provided to the consumer in person, it should have been provided to the consumer no later
than (XX/XX/XXXX), for consummation to occur on (XX/XX/XXXX). (12 CFR 1026.19(f)(1)(ii)(A)); 1026.19(f)(1)(iii)) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received evidence of initial CD received date. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NJ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030045
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
XXXXX
|
NJ Fee Not Allowed- Commitment Rate Lock Fee (Fee ID: 83)
|
Cured-Received copy of refund check. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Attached - copy of refund check - Due Diligence Vendor-XX/XX/XXXX
Counter-Received Letter of Explanation, Corrected PCCD, and Proof of Delivery to Borrower. Please provide copy of check once available and
condition will be Cured and downgraded. Condition maintained.
- Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Attached - check request package which included loe, amended cd, check request and XXXXX label. Refund check to follow. -
Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The New Jersey Residential Mortgage Lending Act (N.J. Rev. Stat. 17:11C-80; N.J. ADC 3:15-9.2) does not allow Commitment (Rate Lock)
Fee (Fee ID: 83) to be charged to the Borrower in NJ. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Received copy of refund check. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NJ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030046
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Fees:Limited
|
Pennsylvania - Max Application Fee or Origination Fee (MLILCPA)
|
Resolved-Rate Stack evidencing SAR and pricing to origination rate. Discount determined Bonafide. Condition Resolved. - Due Diligence
Vendor-XX/XX/XXXX
Open-Under the Pennsylvania Mortgage Licensing Act, a lender may not charge an Application Fee or Loan Origination Fee exceeding 3% of the
loan amount. (7 Pa. Stat. 6125(b)) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Rate Stack evidencing SAR and pricing to origination rate. Discount determined Bonafide. Condition Resolved. - Due Diligence
Vendor-XX/XX/XXXX
|
PA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030048
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
1 - Information
|
Property
|
Value
|
S&P value equals B, secondary product within tolerance
|
Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will
be rated as A. - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will
be rated as A. - Due Diligence Vendor-XX/XX/XXXX
|
NM
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030048
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Property
|
Value
|
Missing Valuation Review Product - 1
|
Resolved-Received 1004 supporting value. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-2nd val - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-2nd valuation - Due Diligence Vendor-XX/XX/XXXX
Open-A valid secondary valuation supporting the origination appraisal value is not present. CU score is 4.2 - Due Diligence
Vendor-XX/XX/XXXX
|
Resolved-Received 1004 supporting value. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NM
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030050
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements The Line of Credit Payoff, Suspension and Closure
Authorization document for the existing 2nd lien HELOC paid with proceeds from the subject loan was not signed by the Borrower as was required. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
|
IN
|
Primary Residence
|
Refinance
|
No Cash Out - Borrower Initiated
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030050
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
HELOC Closure Letter Not Provided
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-heloc close ltr - Due Diligence Vendor-XX/XX/XXXX
Open-The Borrower Authorization to Close Out Home Equity Line of Credit (HELOC) was not provided. The Line of Credit Payoff, Suspension and
Closure Authorization document for the existing 2nd lien HELOC paid with proceeds from the subject loan was not signed by the Borrower as was required. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
IN
|
Primary Residence
|
Refinance
|
No Cash Out - Borrower Initiated
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030050
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
1 - Information
|
Property
|
Value
|
S&P value equals B, secondary product within tolerance
|
Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will
be rated as A. - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will
be rated as A. - Due Diligence Vendor-XX/XX/XXXX
|
IN
|
Primary Residence
|
Refinance
|
No Cash Out - Borrower Initiated
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030053
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements
|
Resolved-Received Lender Questionnaire indicating dues are between $20 and $260. Audit used the highest amount to qualify. Condition
cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-upoaded to credt cond - Due Diligence Vendor-XX/XX/XXXX
Counter-Missing Evidence of HOA Dues for Primary Residence (subject property). - Due Diligence Vendor-XX/XX/XXXX
Resolved-Received Condo Master Policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements Missing Condo Master Insurance Policy - Due Diligence
Vendor-XX/XX/XXXX
|
Resolved-Received Lender Questionnaire indicating dues are between $20 and $260. Audit used the highest amount to qualify. Condition
cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Received Condo Master Policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
IL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030053
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Evidence of HOA Dues for Primary Residence
|
Resolved-Received Lender Questionnaire indicating dues are between $20 and $260. Audit used the highest amount to qualify. Condition
cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-hoa fees - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Evidence of HOA Dues for Primary Residence (subject property). - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Evidence of HOA Dues for Primary Residence - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Lender Questionnaire indicating dues are between $20 and $260. Audit used the highest amount to qualify. Condition
cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
IL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030053
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Condo Master Insurance Policy
|
Resolved-Received Condo Master Policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-mast haz - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-HO6 - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Condo Master Insurance Policy - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Condo Master Policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
IL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030054
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Eligibility
|
Housing History Does Not Meet Guideline Requirements
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-vom - Due Diligence Vendor-XX/XX/XXXX
Open-Housing History Does Not Meet Guideline Requirements Borrower has a mortgage account and it is not reflected on credit report and no
credit supplement provided in file. Missing verification mortgage is 0x30x6 and or 1x30x24 as required by guidelines. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
AZ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030054
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Credit History taken into consideration does not meet requirements
|
Resolved-ATR Risk - Credit History taken into consideration meets requirements - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Credit History taken into consideration does not meet requirements Borrower has a mortgage account and it is not reflected
on credit report and no credit supplement provided in file. Missing verification mortgage is 0x30x6 and or 1x30x24 as required by guidelines. - Due Diligence Vendor-XX/XX/XXXX
|
The lender provided the required documents. Condition resolved. - XX/XX/XXXX
|
Resolved-ATR Risk - Credit History taken into consideration meets requirements - Due Diligence Vendor-XX/XX/XXXX
|
AZ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030054
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements Missing borrower's recent paystub and IRS
W-2 forms or transcripts covering the most recent 2yr period as required by guidelines. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-XX/XX/XXXX
|
AZ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030054
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing income documentation
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-paystub - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-XXXX w2 - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-XXXX w2 - Due Diligence Vendor-XX/XX/XXXX
Open-Missing borrower's recent paystub and IRS W-2 forms or transcripts covering the most recent 2yr period as required by guidelines. - Due
Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
AZ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030054
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Closing
|
Borrower 1 Photo ID is expired
|
Resolved-Received Borrower ID. Borrower photo ID expiration date is XX/XX/XXXX and note is dated XX/XX/XXXX. Condition cleared. - Due
Diligence Vendor-XX/XX/XXXX
Ready for Review-Hello. Please see attached borrower ID. The Patriot Act form in closing package is correct. The notary mistakenly wrote the
expire date and issue date in the opposite fields - Due Diligence Vendor-XX/XX/XXXX
Open-Borrower photo ID expiration date is XX/XX/XXXX and note is dated XX/XX/XXXX. Borrower 1 Photo ID is expired - Due Diligence
Vendor-XX/XX/XXXX
|
Resolved-Received Borrower ID. Borrower photo ID expiration date is XX/XX/XXXX and note is dated XX/XX/XXXX. Condition cleared. - Due
Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
AZ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030055
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Hazard Insurance Policy is Missing
|
Resolved-Received HO6 policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-ho6 - Due Diligence Vendor-XX/XX/XXXX
Counter-Master HOI provided. Missing HO6 declaration page. Finding remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-master haz - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-h06 - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Hazard Insurance Policy - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received HO6 policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
OH
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030058
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Income/Employment
|
Income and Employment Do Not Meet Guidelines
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Income and Employment Meet Guidelines - Due Diligence Vendor-XX/XX/XXXX
Open-Income and Employment Do Not Meet Guidelines - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-XXX income - Due Diligence Vendor-XX/XX/XXXX
Open-Income and Employment Do Not Meet Guidelines. Verification of XXX income missing from File. Income documentation supporting $X,XXX.XX
in XXX income required. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Income and Employment Meet Guidelines - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030058
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
Rescission:Disbursement
|
Federal - Right of Rescission (Loan Disbursement Violation) (TILA)
|
Cured-Reopened rescission cancellation date has expired. Condition cured. The finding will be deemed non-material. - Due Diligence
Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Received proof of delivery. Condition will be cured after expiration of reopened rescission which is EOD XX/XX/XXXX.
Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Hello. Please see attached - Due Diligence Vendor-XX/XX/XXXX
Counter-Received letter of explanation and re-disclosed RTC with cancellation date of EOD XX/XX/XXXX. Please provide proof of receipt when
available. Condition will be cured upon receiving evidence of receipt and after expiration of reopened rescission. Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Hello. Please see attached - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The loan disbursement date (XX/XX/XXXX) is earlier than, or the same day as, the calculated "Right to Cancel Expire Date" (XX/XX/XXXX).
Under Regulation Z, funds may not be disbursed to the borrower until after the expiration of the rescission period. (Reg Z, 12 CFR 1026.23(c) and Official Staff Commentary) Invalid finding, finding rescinded - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Reopened rescission cancellation date has expired. Condition cured. The finding will be deemed non-material. - Due Diligence
Vendor-XX/XX/XXXX
|
XXXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030056
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
1 - Information
|
Property
|
Value
|
S&P value equals B, secondary product within tolerance
|
Acknowledged-Acknowledged by Investor. This finding will be rated a B for S&P. All other agencies will be rated as A - Due Diligence
Vendor-XX/XX/XXXX
Open-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be
rated as A. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-Acknowledged by Investor. This finding will be rated a B for S&P. All other agencies will be rated as A - Due Diligence
Vendor-XX/XX/XXXX
|
FL
|
Primary Residence
|
Refinance
|
Cash Out - Debt Consolidation
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030056
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Property
|
Appraisal
|
Appraisal is Expired
|
Resolved-Received 1004D recertification. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-recert - Due Diligence Vendor-XX/XX/XXXX
Open-Primary Value Appraisal is Expired - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received 1004D recertification. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
FL
|
Primary Residence
|
Refinance
|
Cash Out - Debt Consolidation
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030060
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-The lender provided the required documents. All liabilities reflected on 1003 & credit confirmed paid off on final CD.
Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-du findings - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements Final 1003 reflects 7 liabilities not reflected
on credit report (Section 2c. Liabilities: Liabilities 19 to Liability 25). 7 accounts reflected on final 1003 are reflected as paid off on final CD. Provide credit supplement to verify liabilities and balances.
- Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. All liabilities reflected on 1003 & credit confirmed paid off on final CD.
Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
IL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030060
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Insurance
|
Hazard Insurance Effective Date is after the Disbursement Date
|
Resolved-Received prior HOI policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-HOI XX to XX prior to note date - Due Diligence Vendor-XX/XX/XXXX
Counter-HOI effective date XX/XX/XXXX is after the loan disbursement date XX/XX/XXXX. Condition remains - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-hoi current - Due Diligence Vendor-XX/XX/XXXX
Open-Hazard Insurance Effective Date of XX/XX/XXXX is after the Disbursement Date of XX/XX/XXXX HAZARD INSURANCE EFFECTIVE DATE IS AFTER
THE DISBURSEMENT DATE - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received prior HOI policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
IL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030060
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-The lender provided the required documents. All liabilities reflected on 1003 & credit confirmed paid off on final CD.
Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-du findings - Due Diligence Vendor-XX/XX/XXXX
Open-Final 1003 reflects 7 liabilities not reflected on credit report (Section 2c. Liabilities: Liabilities 19 to Liability 25). 7 accounts
reflected on final 1003 are reflected as paid off on final CD. Provide credit supplement to verify liabilities and balances.
- Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. All liabilities reflected on 1003 & credit confirmed paid off on final CD.
Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
IL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030065
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-Received credit supplement confirming installment account is not secured. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements Provide verification of what collateral was used
for the home improvement loan/ Home Equity loan with $X,XXX.XX balance and $X,XXX.XX/monthly payment reflecting on the credit report. If it is tied/attached to the subject property, provide proof of cancellation or a signed attestation from
title company that there isn't one. If the loan is secured by a different property, additional conditions will apply, including but not limited to proof of PITIA. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received credit supplement confirming installment account is not secured. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030065
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-Received credit supplement confirming installment account is not secured. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-CREDIT SUPP - Due Diligence Vendor-XX/XX/XXXX
Open-Provide verification of what collateral was used for the home improvement loan/ Home Equity loan with $X,XXX.XX balance and
$X,XXX.XX/monthly payment reflecting on the credit report. If it is tied/attached to the subject property, provide proof of cancellation or a signed attestation from title company that there isn't one. If the loan is secured by a different
property, additional conditions will apply, including but not limited to proof of PITIA. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received credit supplement confirming installment account is not secured. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030064
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Property
|
Appraisal
|
Subject property appraisal is not on an as-is basis (Primary Value)
|
Resolved-Received 1004D. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-1004D - Due Diligence Vendor-XX/XX/XXXX
Open-Primary Value Subject Property Appraisal is not on an As-Is Basis - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received 1004D. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
SD
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030061
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Condo Questionnaire
|
Resolved-Received Condo Questionnaire. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-CONDO QUEST - Due Diligence Vendor-XX/XX/XXXX
Open- The Condo Questionnaire is missing from the loan file. Additional conditions may apply.
- Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Condo Questionnaire. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030061
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Condo Master Insurance Policy
|
Resolved-Received Condo Master Insurance Policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-MAST HAZ - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-HO6 - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Condo Master Insurance Policy - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Condo Master Insurance Policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030068
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Fees:Limited
|
Texas - Maximum Fees Allowed (Starting Adjusted Rate and Bona Fide Decrease)
|
Resolved-The lender provided the required documents. XXXXX did not calculate lender credits into the 2%, Condition resolved. - Due Diligence
Vendor-XX/XX/XXXX
Resolved-The lender provided the required documents. XXXXX did not calculate lender credits into the 2%, Condition resolved/ - Due Diligence
Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Open-. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Hello. Please see attached - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The Texas Constitution prohibits fees from exceeding 2% of the principal balance on a non-purchase money loan. (Tex. Const. Art. 16
Sec. 50(a)(6)(E); 7 TX ADC Sec. 153.5) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. XXXXX did not calculate lender credits into the 2%, Condition resolved. - Due Diligence
Vendor-XX/XX/XXXX
Resolved-The lender provided the required documents. XXXXX did not calculate lender credits into the 2%, Condition resolved/ - Due
Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030068
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Tolerance:Disclosure
|
Federal - Inaccurate Closing Disclosure APR - Redisclosure and Waiting Period
|
Resolved-The lender provided the required documents. Condition resolved - Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Open-The Annual Percentage Rate of (XX.XX%) on the Closing Disclosure is inaccurate. Under Regulation Z, if the APR is inaccurate, a
consumer must receive a corrected Closing Disclosure no later than 3 business days before the consummation date of (XX/XX/XXXX). If corrected disclosures are delivered to a consumer other than in person, a consumer is deemed to have received
them 3 business days after the corrected Closing Disclosure is mailed or delivered, unless there is evidence of earlier receipt by a consumer. (12 CFR 1026.19(f)(1)(ii)(A)); 1026.19(f)(1)(iii); 1026.19(f)(2)(ii)(A); 1026.22(a)(2)) . - Due
Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved - Due Diligence Vendor-XX/XX/XXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030068
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Tolerance:Disclosure
|
Federal - Closing Disclosure Total of Payments Rescission Tolerance
|
Resolved-The lender provided the required documents. Condition resolved - Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Open-The disclosed Total of Payments ($X,XXX.XX) is understated by more than the greater of $X,XXX.XX or 1/2 of 1% of the note amount when
compared to the actual Total of Payments of ($X,XXX.XX). The difference is ($X,XXX.XX). For loans subject to the right of rescission, Regulation Z considers the disclosed Total of Payments inaccurate if it is understated by more than 1/2 of 1
percent of the face amount of the note ($X,XXX.XX) or $X,XXX.XX whichever is greater. (12 CFR 1026.23(g)(1)(ii)) . - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved - Due Diligence Vendor-XX/XX/XXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030068
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Tolerance:FinanceCharge
|
Federal - Finance Charge Disclosure Tolerance (Closed End)
|
Resolved-The lender provided the required documents. Condition resolved - Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Open-The disclosed finance charge ($X,XXX.XX) is ($X,XXX.XX) below the actual finance charge($X,XXX.XX). The Truth in Lending Act considers
the disclosed finance charge inaccurate if it is more than $X,XXX.XX below the actual finance charge. (12 CFR 1026.18(d)(1); OSC 17(c)(2)(ii)-1) . - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved - Due Diligence Vendor-XX/XX/XXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030068
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Tolerance:Disclosure
|
Federal - Closing Disclosure Total of Payments Disclosure Tolerance
|
Resolved-The lender provided the required documents. Condition resolved - Due Diligence Vendor-XX/XX/XXXX
Resolved-The lender provided the required documents. Condition resolved - Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Open-The disclosed Total of Payments ($X,XXX.XX) is understated by more than $X,XXX.XX when compared to the actual Total of Payments
($X,XXX.XX). The difference is ($X,XXX.XX). Regulation Z considers the disclosed Total of Payments inaccurate if it understated by more than $X,XXX.XX. (12 CFR 1026.38(o)(1)) . - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved - Due Diligence Vendor-XX/XX/XXXX
Resolved-The lender provided the required documents. Condition resolved - Due Diligence Vendor-XX/XX/XXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030068
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Tolerance:Disclosure
|
Federal - Closing Disclosure Total of Payments Foreclosure Rescission Tolerance
|
Resolved-The lender provided the required documents. Condition resolved - Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Open-The disclosed Total of Payments ($X,XXX.XX) is understated by more than $X,XXX.XX when compared to the actual Total of Payments of
($X,XXX.XX). The difference is ($X,XXX.XX). After the initiation of foreclosure on the consumer's principal dwelling that secures the credit obligation, Regulation Z considers the disclosed Total of Payments inaccurate if it is understated by
more than $X,XXX.XX. (12 CFR 1026.23(h)(2)(ii)) . - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved - Due Diligence Vendor-XX/XX/XXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030068
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Enterprise:FeeLimits
|
ER - Texas Constitution 2% Fee Limit (Starting Adjusted Rate and Bona Fide Decrease)
|
Resolved-lender credit was not originally calculated into the 2% calculation - Due Diligence Vendor-XX/XX/XXXX
Resolved-The lender provided the required documents. Condition resolved - Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The Texas Constitution prohibits fees from exceeding 2% of the principal balance on a non-purchase money loan. (Tex. Const. Art. 16
Sec. 50(a)(6)(E); 7 TX ADC Sec. 153.5) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-lender credit was not originally calculated into the 2% calculation - Due Diligence Vendor-XX/XX/XXXX
Resolved-The lender provided the required documents. Condition resolved - Due Diligence Vendor-XX/XX/XXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030068
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Tolerance:APR
|
Federal - Closed End APR Disclosure Tolerance (Regular)
|
Resolved-The lender provided the required documents. Condition resolved - Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Open-The disclosed APR (XX.XX%) is lower than the actual APR (8.262) by more than .125%. The Truth in Lending Act considers a disclosed APR
inaccurate if it is lower than the actual APR by more than .125% on a regular mortgage transaction. (12 CFR 1026.17(f), 1026.19(a)(2), & 1026.22(a)(2)) . - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved - Due Diligence Vendor-XX/XX/XXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030068
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
TRID Tolerance
|
Insufficient Tolerance Cure (50001026)
|
Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX
Open-A Lender Credit for Excess Charges of ($X,XXX.XX), Principal Reduction for Excess Charges of ($X,XXX.XX), and general or specific
lender credit increases of ($X,XXX.XX) were applied to the total fee variance of ($X,XXX.XX) between the baseline disclosure and the actual fee amounts. Since the lender credits and principal reduction (if applicable) are less than the total
fee variance amount, they are not sufficient to cure the variance. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-A Lender Credit for Excess Charges of ($X,XXX.XX), Principal Reduction for Excess Charges of ($X,XXX.XX), and general or specific
lender credit increases of ($X,XXX.XX) were applied to the total fee variance of ($X,XXX.XX) between the baseline disclosure and the actual fee amounts. Since the lender credits and principal reduction (if applicable) are less than the total
fee variance amount, they are not sufficient to cure the variance. . - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030068
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
TRID Tolerance
|
Insufficient Tolerance Cure (50001028)
|
Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX
Open-A Lender Credit for Excess Charges of ($X,XXX.XX), Principal Reduction for Excess Charges of ($X,XXX.XX), and general or specific
lender credit increases of ($X,XXX.XX) were applied to the total fee variance of ($X,XXX.XX) between the baseline disclosure and the last Closing Disclosure. Since the lender credits and principal reduction (if applicable) are less than the
total fee variance amount, they are not sufficient to cure the variance. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-A Lender Credit for Excess Charges of ($X,XXX.XX), Principal Reduction for Excess Charges of ($X,XXX.XX), and general or specific
lender credit increases of ($X,XXX.XX) were applied to the total fee variance of ($X,XXX.XX) between the baseline disclosure and the last Closing Disclosure. Since the lender credits and principal reduction (if applicable) are less than the
total fee variance amount, they are not sufficient to cure the variance. . - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030071
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
XXXXX
|
Fees: Prohibited
|
Cured-Received copy of refund check. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-copy of check attached for review - Due Diligence Vendor-XX/XX/XXXX
Counter-Received rebuttal. The Vermont Interest Statute does not allow the following fees to be paid by the Borrower on a junior lien loan:
Origination Fee, Rate Buy Down Fee, Commitment (Rate Lock) Fee, Escrow Waiver Fee, 203(k) Supplemental Origination Fee, and 203(k) Discount on Repairs. (Vt. Stat. Ann. Tit. 9, Sec. 42). The loan has a $X,XXX.XX Lock Fee paid to the lender.
Provide Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to Borrowers. Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-LOX for review - Due Diligence Vendor-XX/XX/XXXX
Open-The Vermont Interest Statute does not allow the following fees to be paid by the Borrower on a junior lien loan: Origination Fee, Rate
Buy Down Fee, Commitment (Rate Lock) Fee, Escrow Waiver Fee, 203(k) Supplemental Origination Fee, and 203(k) Discount on Repairs. (Vt. Stat. Ann. Tit. 9, Sec. 42) Provide Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of
Delivery to Borrowers. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Received copy of refund check. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
VT
|
Primary Residence
|
Refinance
|
Cash Out - Debt Consolidation
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030072
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Citizenship Documentation (Borrower 1)
|
Resolved-Received Permanent Resident Card. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-perm res card - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Citizenship Documentation (Borrower 1) Loan file has a Patriot Act Form, however citizenship document is missing. Guides
require evidence of lawful permanent residency. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Permanent Resident Card. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
MI
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030080
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
TRID Tolerance
|
Charges That In Total Cannot Increase More Than 10% Test (50001257)
|
Resolved-Received rebuttal and COCs. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The total amount of the 10% category fees ($X,XXX.XX) has increased by more than 10% over the current baseline value of ($X,XXX.XX).
The total amount of fees in the 10% category cannot exceed ($X,XXX.XX). The following fee(s) have either increased from their baseline disclosure or have been recently added: (Settlement or Closing Fee, Attorney's Fees - Borrower Chosen). Any
increase to an existing fee and/or the addition of a new fee that causes the 10% category threshold to be exceeded cannot occur unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee(s)
or new fee(s). (12 CFR 1026.19(e)(3)(ii); 12 CFR 1026.19(e)(3)(iv)). - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received rebuttal and COCs. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX
|
GA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030080
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
TRID Tolerance
|
Charges That In Total Cannot Increase More Than 10% Test (50001258)
|
Resolved-Received rebuttal and COCs. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Attached - Rebuttal - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Attached - rebuttal - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The total amount of the 10% category fees on the last Closing Disclosure ($X,XXX.XX) has increased by more than 10% over the current
baseline value of ($X,XXX.XX). The total amount of fees in the 10% category cannot exceed ($X,XXX.XX). The following fee(s) have either increased from their baseline disclosure or have been recently added: (Settlement or Closing Fee, Attorney's
Fees - Borrower Chosen). Any increase to an existing fee and/or the addition of a new fee that causes the 10% category threshold to be exceeded cannot occur unless a new disclosure is provided and there is a valid changed circumstance
associated with the increased fee(s) or new fee(s). (12 CFR 1026.19(e)(3)(ii); 12 CFR 1026.19(e)(3)(iv)). - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received rebuttal and COCs. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
GA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030084
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-Received letter of explanation. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-LOX XXXX w2 - Due Diligence Vendor-XX/XX/XXXX
Open-Missing documentation confirming reason for employer copy of W2 (Copy D) received by borrower for year XXXX. - Due Diligence
Vendor-XX/XX/XXXX
|
Resolved-Received letter of explanation. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
TN
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030083
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements
|
Resolved-Received 2 years of tax transcripts reflecting unemployment income and XXXX paystub and XXXX W-2. Condition cleared. - Due
Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements Missing borrower 2's income verification
as required by AUS. Missing paystub and 2 years W-2's or VOE to verify wage income. Missing 2 years tax returns to verify unemployment benefits. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received 2 years of tax transcripts reflecting unemployment income and XXXX paystub and XXXX W-2. Condition cleared. - Due
Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
PA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030083
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-Received 2 years of tax transcripts reflecting unemployment income and XXXX paystub and XXXX W-2. Condition cleared. - Due
Diligence Vendor-XX/XX/XXXX
Counter-File is still missing 2-years of federal tax returns for the unemployment income and only 1-year W2 was received for the seasonal
employment. Please provide two years federal tax returns and one-year additional W2 or VOE form 1005 for seasonal employment as required by AUS. Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-income docs - Due Diligence Vendor-XX/XX/XXXX
Open-Missing borrower 2's income verification as required by AUS. Missing paystub and 2 years W-2's or VOE to verify wage income. Missing
2 years tax returns to verify unemployment benefits. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received 2 years of tax transcripts reflecting unemployment income and XXXX paystub and XXXX W-2. Condition cleared. - Due
Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
PA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030086
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements Final 1003 reflects "XXXXX Inc" Installment
Account with the monthly payment of $X,XXX.XX & balance of $X,XXX.XX. However, source document is missing in the file. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
|
FL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030086
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-snrun - Due Diligence Vendor-XX/XX/XXXX
Open-Final 1003 reflects "XXXXX Inc" Installment Account with the monthly payment of $X,XXX.XX & balance of $X,XXX.XX. However, source
document is missing in the file. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
FL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030081
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
XXXXX
|
Fees: Prohibited
|
Cured-Received copy of refund check. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Attached is copy of check for review - Due Diligence Vendor-XX/XX/XXXX
Counter-Received Letter of Explanation, Corrected PCCD, and Proof of Delivery to Borrower. Please provide copy of check once available and
condition will be Cured and downgraded. Condition maintained.
- Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-check request attached for review. I will provide a copy of check upon receipt - Due Diligence Vendor-XX/XX/XXXX
Open-The Vermont Interest Statute does not allow the following fees to be paid by the Borrower on a junior lien loan: Origination Fee, Rate
Buy Down Fee, Commitment (Rate Lock) Fee, Escrow Waiver Fee, 203(k) Supplemental Origination Fee, and 203(k) Discount on Repairs. (Vt. Stat. Ann. Tit. 9, Sec. 42) Provide Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of
Delivery to Borrower. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Received copy of refund check. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
VT
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030081
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-Received HOI policy for REO #3b on the final 1003. Finding resolved. - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements Missing Evidence of Insurance for property 3b on
final application - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received HOI policy for REO #3b on the final 1003. Finding resolved. - Due Diligence Vendor-XX/XX/XXXX
|
VT
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030081
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Evidence of Insurance for REO
|
Resolved-Received HOI policy for REO #3b on the final 1003. - Due Diligence Vendor-XX/XX/XXXX
Cured-Received HOI policy for REO #3b on the final 1003. Finding resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-HOI - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-HOI - Due Diligence Vendor-XX/XX/XXXX
Counter-Received rebuttal indicates the borrowers have no ownership of the property listed in 3b of the final loan application.
Documentation included an email from the borrower and a processor certification. The initial loan application did not reflect this property, but the final loan application did reflect the REO property reported in 3b with taxes and insurance of
$537.92 which was included in the DTI. The fraud report in the loan file includes this REO 3b property and lists the co-borrower was one of the owners. Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-processor cert and email from borrower confirming non ownership - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-processor cert and email from borrower confirming non ownership - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Evidence of Insurance for property 3b on final application - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received HOI policy for REO #3b on the final 1003. - Due Diligence Vendor-XX/XX/XXXX
Cured-Received HOI policy for REO #3b on the final 1003. Finding resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
VT
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030092
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Closing
|
Borrower 1 Photo ID is expired
|
Resolved-Received updated Driver License. Borrower photo ID expiration date is XX/XX/XXXX and note is dated XX/XX/XXXX. Condition
cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see Identification attached - Due Diligence Vendor-XX/XX/XXXX
Open-Borrower photo ID expiration date is XX/XX/XXXX and note is dated XX/XX/XXXX. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received updated Driver License. Borrower photo ID expiration date is XX/XX/XXXX and note is dated XX/XX/XXXX. Condition
cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
WA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030095
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
Rescission:Disbursement
|
Federal - Right of Rescission (Loan Disbursement Violation) (TILA)
|
Cured-Reopened rescission cancellation date has expired. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Received proof of delivery. Condition will be cured after expiration of reopened rescission which is EOD XX/XX/XXXX.
Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see attached tracking - Due Diligence Vendor-XX/XX/XXXX
Counter-Received letter of explanation and re-disclosed RTC with cancellation date of EOD XX/XX/XXXX. Please provide proof of receipt when
available. Condition will be cured upon receiving evidence of receipt and after expiration of reopened rescission. Condition remains.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see attached NRTC pkg - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The loan disbursement date (XX/XX/XXXX) is earlier than, or the same day as, the calculated "Right to Cancel Expire Date" (XX/XX/XXXX).
Under Regulation Z, funds may not be disbursed to the borrower until after the expiration of the rescission period. (Reg Z, 12 CFR 1026.23(c) and Official Staff Commentary) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Reopened rescission cancellation date has expired. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030095
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Fees:Limited
|
Texas - Maximum Fees Allowed (Starting Adjusted Rate and Bona Fide Decrease)
|
Resolved-Received fee itemization which included the lender credit. After considering the lender credit, Condition not valid. Condition
rescinded.
- Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The Texas Constitution prohibits fees from exceeding 2% of the principal balance on a non-purchase money loan. (Tex. Const. Art. 16
Sec. 50(a)(6)(E); 7 TX ADC Sec. 153.5) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received fee itemization which included the lender credit. After considering the lender credit, Condition not valid. Condition
rescinded.
- Due Diligence Vendor-XX/XX/XXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030095
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Enterprise:FeeLimits
|
ER - Texas Constitution 2% Fee Limit (Starting Adjusted Rate and Bona Fide Decrease)
|
Resolved-Received Itemization of to show general lender credit was used to offset fees. Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see attached - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The Texas Constitution prohibits fees from exceeding 2% of the principal balance on a non-purchase money loan. (Tex. Const. Art. 16
Sec. 50(a)(6)(E); 7 TX ADC Sec. 153.5) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Itemization of to show general lender credit was used to offset fees. Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030094
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
Fees:Limited
|
Alabama - Maximum Lender Points
|
Cured-Lender provided letter of explanation to the borrower, copy of cure check, post-closing CD and proof of delivery. This finding is
non-material and will be rated a B grade - Due Diligence Vendor-XX/XX/XXXX
Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX
Open-. - Due Diligence Vendor-XX/XX/XXXX
Cured-Copy of check received. Condition cured. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see attached copy of check - Due Diligence Vendor-XX/XX/XXXX
Counter-Received Letter of Explanation, Corrected PCCD, and Proof of Delivery to Borrower. Please provide copy of check once available and
condition will be Cured and downgraded. Condition maintained.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see attached check request pkg - Due Diligence Vendor-XX/XX/XXXX
Counter-Received rebuttal with copy of final CD reflecting Section A fees of $X,XXX.XX (Discount Points of $X,XXX.XX and Lock Fee of
$X,XXX.XX) which exceeds the Alabama Mini-Code limit of 5% of the loan amount ($X,XXX.XX). Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see attached rebuttal pkg - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The total of all fees paid to the Lender and Broker ($X,XXX.XX) exceeds the Alabama Mini-Code limit of 5% of the loan amount
($X,XXX.XX). (Ala. Code 5-19-4(g); XXXXX Corporation v. XXXXX, 923 So. 2d 282 (XXXX); Alabama State Bureau of Loans FAQ) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Lender provided letter of explanation to the borrower, copy of cure check, post-closing CD and proof of delivery. This finding is
non-material and will be rated a B grade - Due Diligence Vendor-XX/XX/XXXX
Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX
Cured-Copy of check received. Condition cured. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
AL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030094
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Enterprise:FeeLimits
|
ER - Alabama Maximum Lender Fees
|
Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX
Open-. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The Alabama Mini-Code limits the total of all fees paid to the Lender and Broker to 5% of the loan amount. (Ala. Code 5-19-4(g); XXXXX
Corporation v. XXXXX, 923 So. 2d 282 (XXXX); Alabama State Bureau of Loans FAQ) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX
Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX
|
AL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030094
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
Disclosure
|
TILA: NORTC Missing for one or more borrowers/vested parties
|
Cured-Received proof of delivery. Condition cured. The finding will be deemed non-material. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see XXXXX TRACKING FOR NRTC - Due Diligence Vendor-XX/XX/XXXX
Counter-Received letter of explanation and re-disclosed RTC with cancellation date of EOD XX/XX/XXXX. Please provide proof of receipt.
Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see attached NRTC - Due Diligence Vendor-XX/XX/XXXX
Open-TILA: NORTC Missing for one or more borrowers/vested parties NORTC Missing for Borrower - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Received proof of delivery. Condition cured. The finding will be deemed non-material. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
AL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030103
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements
|
Resolved-Received master condo policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-UPLOADED TO CREDIT COND - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements Missing documentation for the Condo HOA Master Insurance
Policy. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received master condo policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030103
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Condo Master Insurance Policy
|
Resolved-Received master condo policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-master haz - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-HO6 - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Condo Master Insurance Policy - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received master condo policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030102
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
XXXXX
|
VA Fee Not Allowed- Commitment Rate Lock Fee (Fee ID: 83)
|
Cured-Received PCCD with evidence of cure by way of Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to
Borrower. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-copy of check - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-attached check request for review - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-Section 6.2-328 of the Virginia Interest and Usury Provisions does not allow Commitment (Rate Lock) Fee (Fee ID: 83) to be charged to
the Borrower in VA. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Received PCCD with evidence of cure by way of Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to
Borrower. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
VA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030105
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Closing
|
Borrower 1 Photo ID is expired
|
Resolved-Received current ID. Borrower photo ID expiration date is XX/XX/XXXX and note is dated XX/XX/XXXX. Condition cleared. - Due
Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached. - Due Diligence Vendor-XX/XX/XXXX
Open-Borrower photo ID expiration date is XX/XX/XXXX and note is dated XX/XX/XXXX. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received current ID. Borrower photo ID expiration date is XX/XX/XXXX and note is dated XX/XX/XXXX. Condition cleared. - Due
Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Debt Consolidation
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030115
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Property
|
Appraisal
|
Subject property appraisal is not on an as-is basis (Primary Value)
|
Resolved-Primary Value Subject Property Appraisal is completed on an As-Is Basis or Not Applicable - Due Diligence Vendor-XX/XX/XXXX
Resolved-Received 1004D. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-1004d - Due Diligence Vendor-XX/XX/XXXX
Open-Primary Value Subject Property Appraisal is not on an As-Is Basis - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Primary Value Subject Property Appraisal is completed on an As-Is Basis or Not Applicable - Due Diligence Vendor-XX/XX/XXXX
Resolved-Received 1004D. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
MO
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030114
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly HOI, Taxes, Assessment payments meet requirements - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements Documentation is required to verify P&I for first lien.
- Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly HOI, Taxes, Assessment payments meet requirements - Due Diligence Vendor-XX/XX/XXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030114
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-mtg stmt - Due Diligence Vendor-XX/XX/XXXX
Open-Documentation is required to verify P&I for first lien. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030122
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
XXXXX
|
NJ Fee Not Allowed- Commitment Rate Lock Fee (Fee ID: 83)
|
Cured-Received copy of refund check. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Attached - copy of refund check - Due Diligence Vendor-XX/XX/XXXX
Counter-Received Letter of Explanation, Corrected PCCD, and Proof of Delivery to Borrower. Please provide copy of check once available and
condition will be Cured and downgraded. Condition maintained.
- Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Attached - check request package which includes LOE, amended cd, check request and XXXXX label. copy of refund check to
follow - Due Diligence Vendor-XX/XX/XXXX
Open-The New Jersey Residential Mortgage Lending Act (N.J. Rev. Stat. 17:11C-80; N.J. ADC 3:15-9.2) does not allow Commitment (Rate Lock)
Fee (Fee ID: 83) to be charged to the Borrower in NJ. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Received copy of refund check. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NJ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030129
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Missing Doc
|
Loan Estimate disclosure is missing or incomplete
|
Resolved-Received missing LE. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Open-Loan Estimate disclosure is missing or incomplete The loan file contains one Loan Estimate (LE) dated XX/XX/XXXX that shows the rate
not being locked and does not reflect a Verification Fee in section B. The Current Change Circumstance documents in file reflect a 2nd LE being provided on XX/XX/XXXX reflecting both the rate being locked and the addition of a Verification
Fee. The Compliance Check document in file also reflects 2 Loan Estimates being provided on XX/XX/XXXX. The loan file is missing the 2nd LE dated XX/XX/XXXX. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received missing LE. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030129
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
TRID Tolerance
|
Insufficient Change of Circumstance (50001252)
|
Resolved-Received additional LE and COC. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please review - Due Diligence Vendor-XX/XX/XXXX
Open-The amounts disclosed on the last Closing Disclosure for the following fee(s) have either increased above the amount disclosed within
each fee(s) baseline disclosure OR have been added to the last Closing Disclosure and placed within the Cannot Increase Category: Verification Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure
is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (12 CFR 1026.19(e)(3); 12 CFR
1026.19(e)(4); 12 CFR 1026.19(f)(2)(v)). The loan file contains one Loan Estimate (LE) dated XX/XX/XXXX that shows the rate not being locked and does not reflect a Verification Fee in section B. The Current Change Circumstance documents in
file reflect a 2nd LE being provided on XX/XX/XXXX reflecting both the rate being locked and the addition of a Verification Fee. The Compliance Check document in file also reflects 2 Loan Estimates being provided on XX/XX/XXXX. The loan file
is missing the 2nd LE dated XX/XX/XXXX. Once received, the 2nd LE dated XX/XX/XXXX should clear this finding as there will be a LE to match the COC for the addition of the Verification Fee. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received additional LE and COC. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030129
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
TRID Tolerance
|
Charges That Cannot Increase Test (50001251)
|
Resolved-Received additional LE and COC. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Open-The following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the
Cannot Increase Category: Verification Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is
re-disclosed. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4)). The loan file contains one Loan Estimate (LE) dated XX/XX/XXXX that shows the rate not being locked and does not reflect a Verification Fee in section B. The Current Change
Circumstance documents in file reflect a 2nd LE being provided on XX/XX/XXXX reflecting both the rate being locked and the addition of a Verification Fee. The Compliance Check document in file also reflects 2 Loan Estimates being provided on
XX/XX/XXXX. The loan file is missing the 2nd LE dated XX/XX/XXXX. Once received, the 2nd LE dated XX/XX/XXXX should clear this finding as there will be a LE to match the COC for the addition of the Verification Fee. - Due Diligence
Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received additional LE and COC. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030130
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-Received executed LOC Termination Affidavit. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-heloc close out - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements The subject transaction paid off an existing 2nd
lien HELOC on the subject property. The payoff letter from the lender of the existing lien required the borrowers to indicate and then sign that the HELOC was to be closed and the lien released. The payoff statements in file are not signed by
the borrowers and do not indicate that the HELOC should be closed and the lien released. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received executed LOC Termination Affidavit. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
SC
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030136
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements
|
Resolved-Received XXXXX supporting qualifying income. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements Missing paystub and 2 years W2's or a VOE
as required to verify borrower's wage income. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received XXXXX supporting qualifying income. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
MA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030136
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing income documentation
|
Resolved-Received XXXXX supporting qualifying income. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-full voe - Due Diligence Vendor-XX/XX/XXXX
Open-Missing paystub and 2 years W2's or a VOE as required to verify borrower's wage income. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received XXXXX supporting qualifying income. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
MA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030138
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-Statement reflecting debt and payoff request received. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements The final loan application section 2c lists an
installment loan with a balance of $X,XXX.XX that was paid off at closing. This liability is not reflected on the credit report and the loan file does not have any documentation to confirm the balance/terms of this debt. Cannot confirm it was
paid off in full at closing without evidence of what the current balance was at time of closing. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Statement reflecting debt and payoff request received. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030138
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-Statement reflecting debt and payoff request received. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-payoff debt - Due Diligence Vendor-XX/XX/XXXX
Open-The final loan application section 2c lists an installment loan with a balance of $X,XXX.XX that was paid off at closing. This
liability is not reflected on the credit report and the loan file does not have any documentation to confirm the balance/terms of this debt. Cannot confirm it was paid off in full at closing without evidence of what the current balance was at
time of closing. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Statement reflecting debt and payoff request received. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030143
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
2 - Non-Material
|
Compliance
|
Late:Grace
|
Maryland - Minimum Grace Period (Interest & Usury)
|
Acknowledged-This finding is non-material and graded B - Due Diligence Vendor-XX/XX/XXXX
Open-. - Due Diligence Vendor-XX/XX/XXXX
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) this finding is non-material and will be downgraded to an Rated as B - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-This finding is non-material and graded B - Due Diligence Vendor-XX/XX/XXXX
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) this finding is non-material and will be downgraded to an Rated as B - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged by client.
|
MD
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030143
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Credit History taken into consideration does not meet requirements
|
Resolved-Received DU Approve/Eligible that indicates collection is not required to be paid off. Condition cleared. - Due Diligence
Vendor-XX/XX/XXXX
Counter-Lender guidelines require all judgements, non-medical collections, charge-offs, and tax liens to be paid prior to close. Non-medical
collections and charge-off less than $X,XXX.XX per account or $X,XXX.XX aggregate may be left unpaid. Borrowers credit reflects collection account of $X,XXX.XX. Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-du findings - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Credit History taken into consideration does not meet requirements open collection - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received DU Approve/Eligible that indicates collection is not required to be paid off. Condition cleared. - Due Diligence
Vendor-XX/XX/XXXX
|
XXXXX
|
MD
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030143
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Eligibility
|
Open Collection Account
|
Resolved-Received DU Approve/Eligible that indicates collection is not required to be paid off. Condition cleared. - Due Diligence
Vendor-XX/XX/XXXX
Counter-Lender guidelines require all judgements, non-medical collections, charge-offs, and tax liens to be paid prior to close. Non-medical
collections and charge-off less than $X,XXX.XX per account or $X,XXX.XX aggregate may be left unpaid. Borrowers credit reflects collection account of $X,XXX.XX. Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-du findings - Due Diligence Vendor-XX/XX/XXXX
Open-There are open Collection items which have yet to be paid. Missing evidence account paid in full. Lender guidelines require
non-medical collection > $X,XXX.XX to be paid at or prior to closing. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received DU Approve/Eligible that indicates collection is not required to be paid off. Condition cleared. - Due Diligence
Vendor-XX/XX/XXXX
|
XXXXX
|
MD
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030162
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
Fees:Limited
|
Virginia - 5% Maximum Fees Allowed (Junior Liens, Closed End)
|
Cured-Received copy of refund check. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Check copy_XXXX__XXXXX - Due Diligence Vendor-XX/XX/XXXX
Counter-Received Letter of Explanation, Corrected PCCD, and Proof of Delivery to Borrower. Please provide copy of check once available and
condition will be Cured and downgraded. Condition maintained.
- Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please review attached check request package for cure. Copy of check to be provided once available. - Due Diligence
Vendor-XX/XX/XXXX
Counter-The exception can be cured by refunding $X,XXX.XX. Provided Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of
Delivery to Borrower. Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Is the exception able to be cured by refunding the overage, and if so what is the amount to cure? - Due Diligence
Vendor-XX/XX/XXXX
Counter-XXXXX outside counsel advised XXXXX the lender may charge the borrower in subordinate lien loans subject to the Virginia Interest
and Usury provisions a “loan fee” not to exceed 5%. VA Code Ann. § 6.2-327(D)(2).
The term “loan fee” is not defined by statute nor regulation. XXXXX’s outside counsel received guidance from the Virginia Bureau of
Financial Institutions that points, broker fees, origination fees, and similar fees are all treated as part of the “loan fee.” The BFI does not require the lender to list only one "loan fee” since the lender may need to break the fee apart into
its components to the extent required by federal law.
XXXXX/XXXXX totals the fees included in the “loan fee” charged to the borrower, together with any prepaid interest and any interest due on a
prior loan and provides a fail message if the total exceeds 5% of the principal amount of the loan.
The loan amount in this loan is $X,XXX.XX, and 5% of the loan amount is $X,XXX.XX. The fees included total $X,XXX.XX which includes the fees
in Section A + Prepaid Interest. - Due Diligence Vendor-XX/XX/XXXX
Escalated-. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please review uploaded documents. - Due Diligence Vendor-XX/XX/XXXX
Counter-Rebuttal requested an update to the document uploaded on XX/XX/XXXX. No document was uploaded to this condition at all. Please
upload document for review. Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please provide updated status to uploaded exception document uploaded on XX/XX/XXXX. - Due Diligence Vendor-XX/XX/XXXX
Open-The Virginia Interest and Usury Provisions limit the loan fees that are charged to the borrower to 5% of the loan amount. (Va. Code
6.2-328) Provide Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to Borrower. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Received copy of refund check. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
VA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030164
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-XXXXX documentation received. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements Provide proof of XXXXX liability. Provided
paystub deduction does not suffice the requirement. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-XXXXX documentation received. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
FL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030164
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-XXXXX documentation received. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-XXXXX - Due Diligence Vendor-XX/XX/XXXX
Open-Provide proof of XXXXX liability. Provided paystub deduction does not suffice the requirement. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-XXXXX documentation received. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
FL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030157
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements Missing verification of installment account with
$X,XXX.XX balance and $X,XXX.XX/monthly payment as reflected on 1003.
- Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
|
MA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030157
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Documentation 1
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-solar payment - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-solar statement - Due Diligence Vendor-XX/XX/XXXX
Open-Missing verification of installment account with $X,XXX.XX balance and $X,XXX.XX/monthly payment as reflected on 1003.
- Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
MA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030157
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements
|
Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-XX/XX/XXXX
Resolved-Received 2 years and YTD income from second job. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements Missing paystub and 2 years W2's
supporting $X,XXX.XX/monthly income from second employer listed on 1003. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-XX/XX/XXXX
Resolved-Received 2 years and YTD income from second job. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
MA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030157
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing income documentation
|
Resolved-Received 2 years and YTD income from second job. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Year end paystubs XXXX and XXXX and current paystubs XXXX - Due Diligence Vendor-XX/XX/XXXX
Open-Missing paystub and 2 years W2's supporting $X,XXX.XX/monthly income from second employer listed on 1003. - Due Diligence
Vendor-XX/XX/XXXX
|
Resolved-Received 2 years and YTD income from second job. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
MA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030154
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
2 - Non-Material
|
Compliance
|
Late:Grace
|
Maryland - Minimum Grace Period (Interest & Usury)
|
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) This finding is non-material and can be downgraded to Rated as B.
- Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) This finding is non-material and can be downgraded to Rated as B.
- Due Diligence Vendor-XX/XX/XXXX
|
MD
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030172
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-Document Uploaded. Documentation received. Condition Resolved. - Due Diligence Vendor-XX/XX/XXXX
Open-Please provide documentation to verify remaining installment balance of less than 10 months for account with $X,XXX.XX monthly
payment. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Document Uploaded. Documentation received. Condition Resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
MS
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030182
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
Fees:Limited
|
Missouri - Maximum Lender Fees (XX/XX/XXXX)(SMLI)
|
Cured-Received PCCD with evidence of cure by way of Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to
Borrower. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see copy of check attached - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see attached check request - Due Diligence Vendor-XX/XX/XXXX
Open-The total amount of borrower paid fees to the lender or affiliate ($X,XXX.XX) exceeds 5% of the loan amount ($X,XXX.XX). The Missouri
Second Mortgage Loan Interest Provisions prohibit the total borrower paid fees to the Lender or Affiliate from exceeding 5% of the loan amount. (Mo. Rev. Stat. 408.233) The total amount of borrower paid fees to the lender or affiliate
($X,XXX.XX) exceeds 5% of the loan amount ($X,XXX.XX). The Missouri Second Mortgage Loan Interest Provisions prohibit the total borrower paid fees to the Lender or Affiliate from exceeding 5% of the loan amount. - Due Diligence
Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Received PCCD with evidence of cure by way of Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to
Borrower. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
MO
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030181
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements
|
Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Counter-Retirement income received. Missing evidence of Social Security income. Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements The borrower was qualified using Social
Security income. The loan file is missing documentation to verify the monthly amount of the social security income. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-XX/XX/XXXX
|
AZ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030181
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Proof of Other Income - Pension, Retirement, Disability (Borrower)
|
Resolved-Received SSI Benefit letter. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-ss income - Due Diligence Vendor-XX/XX/XXXX
Counter-Retirement income received. Missing evidence of Social Security income. Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-pension - Due Diligence Vendor-XX/XX/XXXX
Open-There is no verification of the other income used to qualify. There should be an award letter/pension letter or current 1099 for
Borrower1's other retirement, pension, disability type of income in file. The borrower was qualified using Social Security income. The loan file is missing documentation to verify the monthly amount of the social security income. - Due
Diligence Vendor-XX/XX/XXXX
|
Resolved-Received SSI Benefit letter. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
AZ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030181
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-The lender provided the required documents. XXXXX statement - no payment due - calculated based on 5% of balance. Condition
resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to crredit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements The final loan application section 2c lists a
revolving account liability with a $X,XXX.XX monthly payment (liability #4). This liability is not on the credit report and the loan file does not document the required monthly payment for the account. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. XXXXX statement - no payment due - calculated based on 5% of balance. Condition
resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
|
AZ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030181
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-The lender provided the required documents. XXXXX statement - no payment due - calculated based on 5% of balance. Condition
resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-new debt - Due Diligence Vendor-XX/XX/XXXX
Open-The final loan application section 2c lists a revolving account liability with a $X,XXX.XX monthly payment (liability #4). This
liability is not on the credit report and the loan file does not document the required monthly payment for the account. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. XXXXX statement - no payment due - calculated based on 5% of balance. Condition
resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
AZ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030180
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements The lender calculated a lower monthly
rental loss for the investment property listed on the final loan application in section 3b than documentation in file supports. When using the documentation in file for this property to calculate the monthly rental loss, the actual monthly
rental loss leads to a debt ratio that exceeds guideline limits. Note: Lender's rental income calculation sheet in file for this property shows that Lender did not include the monthly property taxes and homeowner's insurance in the Monthly
PITIA for the property. Only the P&I payment of $3,147 from the mortgage statement is reflected in the calculation. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-XX/XX/XXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030180
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Eligibility
|
Audited DTI Exceeds Guideline DTI
|
Resolved-The lender provided the required documents to use the addition income reflected on WVOE provided in the original file. Condition
resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-lox other income - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-1008 - Due Diligence Vendor-XX/XX/XXXX
Open-Audited DTI of 54.32% exceeds Guideline DTI of 50% The lender calculated a lower monthly rental loss for the investment property listed
on the final loan application in section 3b than documentation in file supports. When using the documentation in file for this property to calculate the monthly rental loss, the actual monthly rental loss leads to a debt ratio that exceeds
guideline limits. Note: Lender's rental income calculation sheet in file for this property shows that Lender did not include the monthly property taxes and homeowner's insurance in the Monthly PITIA for the property. Only the P&I payment
of $3,147 from the mortgage statement is reflected in the calculation. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents to use the addition income reflected on WVOE provided in the original file. Condition
resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030193
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Property
|
Missing Doc
|
Missing Updated Completion Report (442/1004D)
|
Resolved-Received 1004D. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-1004d - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received 1004D. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
OH
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030193
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Property
|
Appraisal
|
Subject property appraisal is not on an as-is basis (Primary Value)
|
Resolved-Received 1004D. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-1004d - Due Diligence Vendor-XX/XX/XXXX
Open-Primary Value Subject Property Appraisal is not on an As-Is Basis - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received 1004D. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
OH
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030194
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Missing Doc
|
TX 50(a)(6) Violation: T-42/ T-42.1 Title Endorsement is missing
|
Resolved-Received rebuttal indicating the loan does not have title insurance. Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached. - Due Diligence Vendor-XX/XX/XXXX
Counter-Copy of deed was received. TX 50(a)(6) Violation: T-42/ T-42.1 Title Endorsement is missing. X 50(a)(6) Violation: T-42/ T-42.1
Title Endorsement is missing. Condition Remains - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached. - Due Diligence Vendor-XX/XX/XXXX
Open-TX 50(a)(6) Violation: T-42/ T-42.1 Title Endorsement is missing. X 50(a)(6) Violation: T-42/ T-42.1 Title Endorsement is missing. -
Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received rebuttal indicating the loan does not have title insurance. Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030194
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Condo Master Insurance Policy
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Condo Master Insurance Policy is fully present - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-master haz and mast flood - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-HO6 - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Condo Master Insurance Policy MISSING CONDO MASTER INSURANCE POLICY - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Condo Master Insurance Policy is fully present - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030186
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Missing Doc
|
Loan Estimate disclosure is missing or incomplete
|
Resolved-Received copy of the XX/XX/XXXX and XX/XX/XXXX Loan Estimate documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Received copy of the XX/XX/XXXX and XX/XX/XXXX Loan Estimate documents. Condition resolved. - Due Diligence
Vendor-XX/XX/XXXX
Ready for Review-Attached for review - Due Diligence Vendor-XX/XX/XXXX
Open-Loan Estimate disclosure is missing or incomplete The Current Change Circumstance and Compliance Check documents in file reflect a Loan
Estimate being created on XX/XX/XXXX and on XX/XX/XXXX. The loan file is missing a copy of the XX/XX/XXXX and XX/XX/XXXX Loan Estimate documents. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received copy of the XX/XX/XXXX and XX/XX/XXXX Loan Estimate documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
DC
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030186
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
TRID Tolerance
|
Insufficient Tolerance Cure (50001026)
|
Resolved-Received copy of the XX/XX/XXXX and XX/XX/XXXX Loan Estimate documents. Resolved - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Attached for review - Due Diligence Vendor-XX/XX/XXXX
Open-A Lender Credit for Excess Charges of ($X,XXX.XX), Principal Reduction for Excess Charges of ($X,XXX.XX), and general or specific
lender credit increases of ($X,XXX.XX) were applied to the total fee variance of ($X,XXX.XX) between the baseline disclosure and the actual fee amounts. Since the lender credits and principal reduction (if applicable) are less than the total
fee variance amount, they are not sufficient to cure the variance. There is a change of circumstance document for the addition of a Tax Transcript fee of $X,XXX.XX on XX/XX/XXXX. The loan file is missing a copy of the XX/XX/XXXX Loan Estimate
adding this fee. Once received, this finding will be cleared. The $X,XXX.XX tolerance cure on the final Closing Disclosure is sufficient to cover the addition of the Verification Fee for $X,XXX.XX that was added without a valid change of
circumstance being documented. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received copy of the XX/XX/XXXX and XX/XX/XXXX Loan Estimate documents. Resolved - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
DC
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030186
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
TRID Tolerance
|
Insufficient Tolerance Cure (50001028)
|
Resolved-Received copy of the XX/XX/XXXX and XX/XX/XXXX Loan Estimate documents. Resolved - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Attached for review - Due Diligence Vendor-XX/XX/XXXX
Open-A Lender Credit for Excess Charges of ($X,XXX.XX), Principal Reduction for Excess Charges of ($X,XXX.XX), and general or specific
lender credit increases of ($X,XXX.XX) were applied to the total fee variance of ($X,XXX.XX) between the baseline disclosure and the last Closing Disclosure. Since the lender credits and principal reduction (if applicable) are less than the
total fee variance amount, they are not sufficient to cure the variance. There is a change of circumstance document for the addition of a Tax Transcript fee of $X,XXX.XX on XX/XX/XXXX. The loan file is missing a copy of the XX/XX/XXXX Loan
Estimate adding this fee. Once received, this finding will be cleared. The $X,XXX.XX tolerance cure on the final Closing Disclosure is sufficient to cover the addition of the Verification Fee for $X,XXX.XX that was added without a valid change
of circumstance being documented. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received copy of the XX/XX/XXXX and XX/XX/XXXX Loan Estimate documents. Resolved - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
DC
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030183
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements
|
Resolved-Received evidence of permanent disability benefits. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements Missing income documentation supporting
$X,XXX.XX/monthly "other - other types of income" for borrower as reflected on application.
- Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received evidence of permanent disability benefits. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030183
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-Received evidence of permanent disability benefits. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-disability other income paid weekly $X,XXX.XX week - Due Diligence Vendor-XX/XX/XXXX
Open-Missing income documentation supporting $X,XXX.XX/monthly "other - other types of income" for borrower as reflected on application.
- Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received evidence of permanent disability benefits. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030198
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Closing
|
Borrower 1 Photo ID is expired
|
Resolved-Received updated photo ID. Borrower photo ID expiration date is XX/XX/XXXX and note is dated XX/XX/XXXX. Condition cleared. -
Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Attached - current photo ID - Due Diligence Vendor-XX/XX/XXXX
Open-Borrower photo ID expiration date is XX/XX/XXXX and note is dated XX/XX/XXXX. Borrower 1 Photo ID is expired - Due Diligence
Vendor-XX/XX/XXXX
|
Resolved-Received updated photo ID. Borrower photo ID expiration date is XX/XX/XXXX and note is dated XX/XX/XXXX. Condition cleared. -
Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030210
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-Received executed LOC Termination Affidavit. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements The Borrower Authorization to Close Out Home
Equity Line of Credit (HELOC) was not provided. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received executed LOC Termination Affidavit. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
NC
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030210
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
HELOC Closure Letter Not Provided
|
Resolved-Received executed LOC Termination Affidavit. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-HELOC CLOSE LETTER - Due Diligence Vendor-XX/XX/XXXX
Open-The Borrower Authorization to Close Out Home Equity Line of Credit (HELOC) was not provided. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received executed LOC Termination Affidavit. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NC
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030206
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Property
|
Missing Doc
|
Missing Appraisal (Property)
|
Resolved-Client acknowledges this loan does not meet HP NQM requirements due to missing a full appraisal. QM status changed to HP QM.
Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-This is a HP QM loan. AVM used, QM rebuttable presumption - Due Diligence Vendor-XX/XX/XXXX
Open-Appraisal or other primary valuation product is missing Subject loan was submitted as a Non-QM loan with a loan amount of $X,XXX.XX.
Testing shows loan is a Higher Priced Mortgage Loan (HPML). Loan file only contains 2 AVMs to document value. A full appraisal with an interior inspection is required for Non-QM loans that test as HPML and have a loan amount over $X,XXX.XX.
Loan file is missing the required full appraisal. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Client acknowledges this loan does not meet HP NQM requirements due to missing a full appraisal. QM status changed to HP QM.
Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
UT
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030206
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
The Note is Incomplete
|
Resolved-Received complete Note. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please advise, as the Note appears to be complete within the package - Due Diligence Vendor-XX/XX/XXXX
Open-The Note is Incomplete The copy of the Note in file does not provide any details of the subject transaction (date, loan amount,
address, lender, payment amount, etc) and is missing a page. A fully completed copy of the Note executed by the borrower is missing from the loan file. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received complete Note. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
UT
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030215
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Missing Doc
|
TRID: Missing Loan Estimate
|
Resolved-Received XX/XX/XXXX LE. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached. - Due Diligence Vendor-XX/XX/XXXX
Open-The Current Change Circumstance and Compliance Check documents in file show that a Loan Estimate (LE) was done on XX/XX/XXXX. This LE
is missing from the loan file. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received XX/XX/XXXX LE. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CO
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030213
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-Billing statement for liability section 2C of the final 1003 received. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements The final loan application section 2c reflects an
installment account liability with a monthly payment of $X,XXX.XX. This liability is not reflected on the credit report. The loan file does not contain documentation to verify the monthly payment for this liability. - Due Diligence
Vendor-XX/XX/XXXX
|
Resolved-Billing statement for liability section 2C of the final 1003 received. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
NJ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030213
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-Billing statement for liability section 2C of the final 1003 received. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-ver debt zero - Due Diligence Vendor-XX/XX/XXXX
Open-The final loan application section 2c reflects an installment account liability with a monthly payment of $X,XXX.XX. This liability is
not reflected on the credit report. The loan file does not contain documentation to verify the monthly payment for this liability. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Billing statement for liability section 2C of the final 1003 received. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NJ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030216
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
1 - Information
|
Property
|
Value
|
S&P value equals B, secondary product within tolerance
|
Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will
be rated as A. - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will
be rated as A. - Due Diligence Vendor-XX/XX/XXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030221
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Borrower 1 Credit Report is Missing
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Borrower 1 Credit Report is not missing. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-credit - Due Diligence Vendor-XX/XX/XXXX
Open-Borrower 1 Credit Report is Missing. Additional finding may apply when received. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Borrower 1 Credit Report is not missing. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
AZ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030221
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Credit History taken into consideration does not meet requirements
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Credit History taken into consideration meets requirements - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Credit History taken into consideration does not meet requirements Lender guidelines require a borrower's mortgage payment
history to reflect 0x30x6 no late payments in the past 6 months and 1x30x24 no more than 1 times 30 days past due in the last 24 months. The loan file is missing a mortgage payment history for the 1st lien mortgage on the subject property.
File is missing a copy of the credit report. If the credit report does not provide the required mortgage payment history, other suitable documentation will be required. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Credit History taken into consideration meets requirements - Due Diligence Vendor-XX/XX/XXXX
|
AZ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030221
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements Borrower 1 Credit Report is Missing. - Due
Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
|
AZ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030221
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Eligibility
|
Housing History Does Not Meet Guideline Requirements
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-mtg stmt - Due Diligence Vendor-XX/XX/XXXX
Open-Housing History Does Not Meet Guideline Requirements Lender guidelines require a borrower's mortgage payment history to reflect 0x30x6
no late payments in the past 6 months and 1x30x24 no more than 1 times 30 days past due in the last 24 months. The loan file is missing a mortgage payment history for the 1st lien mortgage on the subject property. File is missing a copy of the
credit report. If the credit report does not provide the required mortgage payment history, other suitable documentation will be required. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
AZ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030221
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
2 - Non-Material
|
Compliance
|
Missing Doc
|
FACTA Notice to Home Loan Applicant & Risk Based Pricing/Credit Score Disclosure Missing or Incomplete
|
Acknowledged-FACTA Notice to Home Loan Applicant & Risk Based Pricing/Credit Score Disclosure Missing or Incomplete. Required disclosure
is missing from the loan file. This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-FACTA Notice to Home Loan Applicant & Risk Based Pricing/Credit Score Disclosure Missing or Incomplete. Required disclosure
is missing from the loan file. This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX
|
AZ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030230
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-Received evidence of debt. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements The final loan application section 2d shows a
liability with a monthly payment of $X,XXX.XX. The loan file is missing documentation to verify this monthly liability and its payment. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received evidence of debt. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
NC
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030230
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-Received evidence of debt. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-debt - Due Diligence Vendor-XX/XX/XXXX
Open-The final loan application section 2d shows a liability with a monthly payment of $X,XXX.XX. The loan file is missing documentation to
verify this monthly liability and its payment. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received evidence of debt. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NC
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030226
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
1 - Information
|
Compliance
|
QM-ATR
|
Change in Originator Qualified Mortgage Designation
|
Acknowledged-The lender changed the originator qualified mortgage designation from QM to Non QM. Client acknowledges this loan does not meet
HP NQM requirements due to missing a full appraisal. QM status changed to HP QM. Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-The lender changed the originator qualified mortgage designation from QM to Non QM. Client acknowledges this loan does not meet
HP NQM requirements due to missing a full appraisal. QM status changed to HP QM. Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
|
MI
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030226
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Property
|
Missing Doc
|
Missing Appraisal (Property)
|
Resolved-Client acknowledges this loan does not meet HP NQM requirements due to missing a full appraisal. QM status changed to HP QM.
Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached. - Due Diligence Vendor-XX/XX/XXXX
Open-Appraisal or other primary valuation product is missing Full appraisal required for Non-QM -HPML - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Client acknowledges this loan does not meet HP NQM requirements due to missing a full appraisal. QM status changed to HP QM.
Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
MI
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030232
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Credit History taken into consideration does not meet requirements
|
Resolved-Received credit report with mortgage history. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Credit History taken into consideration does not meet requirements Lender guidelines require mortgage payment history of
(0x30x6) no late payments in the past 6 months and (1x30x24) no more than one (1) times 30 days past due in the last 24 months to be verified. Loan file is missing documentation for the borrower's mortgage payment history for the 1st lien on
the subject property. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received credit report with mortgage history. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
MA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030232
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-Received credit report. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements The credit report for Borrower 1 is missing from
the loan file. Please note that if any of the liabilities reflected on the final loan application in section 2C are not reporting on the credit report, documentation of the balance and payment for that liability will be required. Documentation
in the loan file suggests that the installment loan reflected in section 2c may have been opened recently. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received credit report. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
MA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030232
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Eligibility
|
Housing History Does Not Meet Guideline Requirements
|
Resolved-Received credit report with mortgage history. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-mtg stmt - Due Diligence Vendor-XX/XX/XXXX
Open-Housing History Does Not Meet Guideline Requirements Lender guidelines require mortgage payment history of (0x30x6) no late payments in
the past 6 months and (1x30x24) no more than one (1) times 30 days past due in the last 24 months to be verified. Loan file is missing documentation for the borrower's mortgage payment history for the 1st lien on the subject property. - Due
Diligence Vendor-XX/XX/XXXX
|
Resolved-Received credit report with mortgage history. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
MA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030232
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Borrower 1 Credit Report is Missing
|
Resolved-Received credit report. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-credit rep - Due Diligence Vendor-XX/XX/XXXX
Open-Borrower 1 Credit Report is Missing. Additional conditions may apply upon receipt. Please note that if any of the liabilities
reflected on the final loan application in section 2C are not reporting on the credit report, documentation of the balance and payment for that liability will be required. Documentation in the loan file suggests that the installment loan
reflected in section 2c may have been opened recently. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received credit report. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
MA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030227
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-Bill statement received for reflected on final 1003. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-UPLOADED TO CREDIT COND - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements missing evidence of debt not reflected on credit
- Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Bill statement received for reflected on final 1003. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030227
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-Bill statement received for reflected on final 1003. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-VERIF DEBT - Due Diligence Vendor-XX/XX/XXXX
Open-Missing evidence of debt payment listed on Final 1003 not reflected on credit report - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Bill statement received for reflected on final 1003. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030227
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
Disclosure
|
TILA: NORTC Missing for one or more borrowers/vested parties
|
Cured-Received proof of delivery. Condition cured. The finding will be deemed non-material. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-attached screen print - Due Diligence Vendor-XX/XX/XXXX
Counter-Received LOE. Please provide print screen from XXXXX to confirm delivery or provided executed NORTC. Condition will be cured upon
receipt. Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-XXXXX tracking # XXXX for NORTC. Borrower received, executed and return NORTC. Returned XXXXX Tracking # XXXX - Due
Diligence Vendor-XX/XX/XXXX
Ready for Review-NORTC package sent to borrower with LOX - Due Diligence Vendor-XX/XX/XXXX
Counter-Received re-disclosed RTC with cancellation date of EOD XX/XX/XXXX. Please provide letter of explanation to the borrower and proof
of receipt. Condition will be cured upon receiving LOE and evidence of receipt. Condition remains.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-NORTC- re-open recission due to NORTC was cut off on the bottom upon receipt - Due Diligence Vendor-XX/XX/XXXX
Open-TILA: NORTC Missing for one or more borrowers/vested parties. - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Received proof of delivery. Condition cured. The finding will be deemed non-material. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030223
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
1 - Information
|
Property
|
Value
|
S&P value equals B, secondary product within tolerance
|
Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will
be rated as A. - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will
be rated as A. - Due Diligence Vendor-XX/XX/XXXX
|
DE
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030239
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-Received lox regarding pay structure along with W2 XXXX & XXXX. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-w2s - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-LOX INCOME - Due Diligence Vendor-XX/XX/XXXX
Open-Borrower is a XXXXX. Borrower was qualified using XXXX Year End Paystub, XXXX Year End Paystub, and current XXXX Paystubs. One
section of the Paystubs discloses the borrower's basis of Pay, as Hourly, and the borrower's hourly pay rate as $X,XXX.XX/hr, $X,XXX.XX/hr, and $X,XXX.XX/hr in XXXX, XXXX, and XXXX respectively. However, the paystubs show regular wage income
calculated at $X,XXX.XX, $X,XXX.XX, and $X,XXX.XX/hr.
Please provide an explanation regarding the pay rate discrepancy on the paystub and additional documentation (XXXX/XXXX W2 or Tax Returns)
supporting the $X,XXX.XX, $X,XXX.XX, and $X,XXX.XX/hr. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received lox regarding pay structure along with W2 XXXX & XXXX. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
VA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030242
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Property
|
Missing Doc
|
Missing Appraisal (Property)
|
Resolved-Client acknowledges this loan does not meet NQM requirements. QM status changed to QM-HP. Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-HP QM. 2nd lien. Loan Amount $X,XXX.XX (within XXXX loan limit for APOR + XX.XX% spread). APOR of XX.XX% + 6.5 pts = XX.XX%
APR threshold. APR on Final CD XX.XX% within threshold. QM rebuttable presumption. Acceptable to close with AVMs for valuation. - Due Diligence Vendor-XX/XX/XXXX
Open-Appraisal or other primary valuation product is missing Loan was submitted as Non-QM. Compliance Testing reflects loan is Higher
Priced / HPML. File contains 2 AVMs to document the subject property value. A full appraisal with an interior inspection is required. Loan file is missing the required appraisal. Additional finding may apply when received. - Due Diligence
Vendor-XX/XX/XXXX
|
Resolved-Client acknowledges this loan does not meet NQM requirements. QM status changed to QM-HP. Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
|
AZ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030234
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
Right to Rescind
|
TILA: Incorrect NORTC model provided - H8 prior to XX/XX/XXXX (non-material jurisdictions)
|
Cured-Received proof of delivery. Reopened rescission cancellation date has expired. Condition cured. The finding will be deemed
non-material. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Hello. Please see attached - Due Diligence Vendor-XX/XX/XXXX
Counter-Received letter of explanation and re-disclosed RTC with cancellation date of EOD XX/XX/XXXX. Please provide proof of receipt when
available. Condition will be cured upon receiving evidence of receipt and after expiration of reopened rescission. Condition remains.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Hello. Please see attached - Due Diligence Vendor-XX/XX/XXXX
Open-TILA: Incorrect NORTC model provided - H8 prior to XX/XX/XXXX (non-material jurisdictions) H-i vs. H-9 model used for same lender
refinance. C exception grade for circuits in which is an unfavorable ruling for the usage of H-8 from in all scenarios. Provide Letter of Explanation, Disclose Correct Information, Proof of Borrower Receipt, and Re-open Rescission. - Due
Diligence Vendor-XX/XX/XXXX
|
Cured-Received proof of delivery. Reopened rescission cancellation date has expired. Condition cured. The finding will be deemed
non-material. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
PA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030236
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
2 - Non-Material
|
Compliance
|
Late:Grace
|
Maryland - Minimum Grace Period (Interest & Usury)
|
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) This finding is non-material and will be rated a B for all agencies
- Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) This finding is non-material and will be rated a B for all agencies
- Due Diligence Vendor-XX/XX/XXXX
|
MD
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030241
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
Fees:Limited
|
Iowa - Max Origination Fee or Processing Fee
|
Cured-Received copy of refund check. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see attached - Due Diligence Vendor-XX/XX/XXXX
Counter-Received Letter of Explanation, Corrected PCCD, and Proof of Delivery to Borrower. Please provide copy of check once available and
condition will be Cured and downgraded. Condition maintained.
- Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see attached check request pkg - Due Diligence Vendor-XX/XX/XXXX
Open-The ($X,XXX.XX) "processing fee" or ($X,XXX.XX) "origination fee" plus ($X,XXX.XX) "broker fees" exceeds 2% of the loan amount, which
is ($X,XXX.XX). For loans secured by a 1-2 unit primary or vacation dwelling, under the Iowa Money and Interest Provisions, the "processing fee" or "origination fee" plus any "broker fees" may not exceed 2% of the loan amount. (Iowa Code
535.8(4)(a)) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Received copy of refund check. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
IA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030254
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-Received bank statement to evidence payoff of omitted debt with source of funds. Condition cleared. - Due Diligence
Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements Missing documentation to omit $X,XXX.XX/monthly
payment for installment account with $X,XXX.XX balance per credit report.
- Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received bank statement to evidence payoff of omitted debt with source of funds. Condition cleared. - Due Diligence
Vendor-XX/XX/XXXX
|
MA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030254
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Documentation 1
|
Resolved-Received bank statement to evidence payoff of omitted debt with source of funds. Condition cleared. - Due Diligence
Vendor-XX/XX/XXXX
Ready for Review-tHE BANK STATEMENT SHOWS THE PAYMENT OF THE XXXXX LOAN ON HIGHLIGHTED PAGE AND THE OTHER STATEMENT IS FOR THE LARGE DEPOSIT
VERIFICATION - Due Diligence Vendor-XX/XX/XXXX
Counter-$X,XXX.XX and 1 month of a bank statement provided. Still missing documentation supporting the omission of the $X,XXX.XX/monthly
payment for installment account with $X,XXX.XX balance per credit report. Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-verif omitted debt - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-verif large deposit - Due Diligence Vendor-XX/XX/XXXX
Open-Missing documentation to omit $X,XXX.XX/monthly payment for installment account with $X,XXX.XX balance per credit report.
- Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received bank statement to evidence payoff of omitted debt with source of funds. Condition cleared. - Due Diligence
Vendor-XX/XX/XXXX
|
XXXXX
|
MA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030257
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-Received verification of balance/payment. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements The final loan application section 2c reflects a
liability with a monthly payment of $X,XXX.XX. This liability is not reflected on the credit report and the loan file does not contain documentation to verify its balance and payment. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received verification of balance/payment. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
|
TN
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030257
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-Received verification of balance/payment. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-debt - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-using 5 % of bal - Due Diligence Vendor-XX/XX/XXXX
Open-The final loan application section 2c reflects a liability with a monthly payment of $X,XXX.XX. This liability is not reflected on the
credit report and the loan file does not contain documentation to verify its balance and payment. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received verification of balance/payment. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
TN
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030269
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Citizenship Documentation Not Provided
|
Resolved-Received Work Visa. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-citizen doc - Due Diligence Vendor-XX/XX/XXXX
Open-Borrower 1 Citizenship Documentation Is Missing - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Work Visa. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NV
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030268
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
AbilityToRepay:PriceBased
|
Federal - General Qualified Mortgage Price-Based Limit (Junior Lien)
|
Resolved-Received evidence of rate lock change date which cleared the failure. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached to further support APOR of XX.XX% at time of rate change due to borrower requested changes. - Due
Diligence Vendor-XX/XX/XXXX
Counter-Received rebuttal indicating APOR should be XX.XX%. The APOR is XX.XX%. The loan's (9.679%) APR equals or exceeds the General
Qualified Mortgage Loan Price-Based threshold of (XX.XX%), which is the comparable average prime offer rate of (XX.XX%) plus XX.XX%. The System used the following date to perform the APOR index lookup (XX/XX/XXXX). The system added XX.XX% to
the comparable APOR because the ($X,XXX.XX) note amount equals or exceeds ($X,XXX.XX). The system used an interest rate of (XX.XX%) in the APR calculation. If the interest rate may change within the first five years after the first regular
periodic payment, the system uses the highest interest rate that may apply during that five-year period as the interest rate for the full term of the loan. Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-"APOR should be XX.XX% based on rate change date of XX/XX/XXXX. XX.XX% + XX.XX% = XX.XX% rate spread threshold. APR on
final CD of 9.679% is within parameters. Loan is QM. Please advise." - Due Diligence Vendor-XX/XX/XXXX
Counter-Rebuttal indicates a full appraisal was performed. Tape indicates loan is a QM. Loan does not meet QM requirements. Please advise
if QM status should be changed/retested as Non-QM. Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Per guideline requirements, a full appraisal was performed, valuation requirements met for transaction type, please advise
what is needed to clear this condition - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The loan's (9.679%) APR equals or exceeds the General Qualified Mortgage Loan Price-Based threshold of (XX.XX%), which is the
comparable average prime offer rate of (XX.XX%) plus XX.XX%. The System used the following date to perform the APOR index lookup (XX/XX/XXXX). The system added XX.XX% to the comparable APOR because the ($X,XXX.XX) note amount equals or exceeds
($X,XXX.XX). The system used an interest rate of (XX.XX%) in the APR calculation. If the interest rate may change within the first five years after the first regular periodic payment, the system uses the highest interest rate that may apply
during that five-year period as the interest rate for the full term of the loan. (12 CFR 1026.43(e)(2)(vi)(E)) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received evidence of rate lock change date which cleared the failure. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NC
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030263
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
2 - Non-Material
|
Compliance
|
Disclosure
|
ECOA: Appraisal Not Provided to Applicant
|
Acknowledged-ECOA Non-Compliant: Appraisal present; no evidence appraisal was provided to applicant. This finding is non-material and will
be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX
Acknowledged-ECOA Non-Compliant: Appraisal present; no evidence appraisal was provided to applicant. - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-ECOA Non-Compliant: Appraisal present; no evidence appraisal was provided to applicant. This finding is non-material and will
be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX
Acknowledged-ECOA Non-Compliant: Appraisal present; no evidence appraisal was provided to applicant. - Due Diligence Vendor-XX/XX/XXXX
|
MS
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030263
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Disclosure
|
HPML: Appraisal Not Provided to Applicant
|
Resolved-Client acknowledges this loan does not meet HP NQM requirements due to missing a full appraisal. QM status changed to HP QM.
Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
Open-HPML Non-Compliant: Appraisal present; no evidence appraisal was provided to applicant or was not provided timely. - Due Diligence
Vendor-XX/XX/XXXX
|
Resolved-Client acknowledges this loan does not meet HP NQM requirements due to missing a full appraisal. QM status changed to HP QM.
Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
|
MS
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030263
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
1 - Information
|
Compliance
|
QM-ATR
|
Change in Originator Qualified Mortgage Designation
|
Acknowledged-The lender changed the originator qualified mortgage designation from QM to Non QM. Client acknowledges this loan does not meet
HP NQM requirements due to missing a full appraisal. QM status changed to HP QM. Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-The lender changed the originator qualified mortgage designation from QM to Non QM. Client acknowledges this loan does not meet
HP NQM requirements due to missing a full appraisal. QM status changed to HP QM. Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
|
MS
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030263
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Property
|
Missing Doc
|
Missing Appraisal (Property)
|
Resolved-Client acknowledges this loan does not meet HP NQM requirements due to missing a full appraisal. QM status changed to HP QM.
Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-lox appr - Due Diligence Vendor-XX/XX/XXXX
Open-Appraisal or other primary valuation product is missing HPML Non-QM requires full appraisal - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Client acknowledges this loan does not meet HP NQM requirements due to missing a full appraisal. QM status changed to HP QM.
Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
MS
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030002
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
XXXXX
|
License: Loan Originator
|
Resolved-Received rebuttal explaining loan was transferred to the LO after license was active. Condition cleared. - Due Diligence
Vendor-XX/XX/XXXX
Ready for Review-please see attached - Due Diligence Vendor-XX/XX/XXXX
Open-The loan originator is not authorized to do business in MI as of XX/XX/XXXX. License was not active until XX/XX/XXXX - Due Diligence
Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received rebuttal explaining loan was transferred to the LO after license was active. Condition cleared. - Due Diligence
Vendor-XX/XX/XXXX
|
XXXXX
|
MI
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030002
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Property
|
Appraisal
|
Subject property appraisal is not on an as-is basis (Primary Value)
|
Resolved-Received 1004D. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-1004d - Due Diligence Vendor-XX/XX/XXXX
Open-Primary Value Subject Property Appraisal is not on an As-Is Basis - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received 1004D. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
MI
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030281
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
TRID Tolerance
|
Insufficient Change of Circumstance (50001252)
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The amounts disclosed on the last Closing Disclosure for the following fee(s) have either increased above the amount disclosed within
each fee(s) baseline disclosure OR have been added to the last Closing Disclosure and placed within the Cannot Increase Category: Verification Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure
is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (12 CFR 1026.19(e)(3); 12 CFR
1026.19(e)(4); 12 CFR 1026.19(f)(2)(v)). - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX
|
LA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030281
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
TRID Tolerance
|
Charges That Cannot Increase Test (50001251)
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Hello. Please see attached - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the
Cannot Increase Category: Verification Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is
re-disclosed. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4)). - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
LA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030280
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
Fees:Limited
|
Missouri - Maximum Lender Fees (XX/XX/XXXX)(SMLI)
|
Cured-Received copy of refund check. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Copy of check attached - Due Diligence Vendor-XX/XX/XXXX
Counter-Received Letter of Explanation, Corrected PCCD, and Proof of Delivery to Borrower. Please provide copy of check once available and
condition will be Cured and downgraded. Condition maintained.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please review attached cure package, copy of check to be provided once available. - Due Diligence Vendor-XX/XX/XXXX
Counter-Received XXXXX. This is a state fail. The total amount of borrower paid fees to the lender or affiliate ($X,XXX.XX) exceeds 5% of
the loan amount ($X,XXX.XX). The Missouri Second Mortgage Loan Interest Provisions prohibit the total borrower paid fees to the Lender or Affiliate from exceeding 5% of the loan amount. (Mo. Rev. Stat. 408.233) The total amount of borrower paid
fees to the lender or affiliate ($X,XXX.XX) exceeds 5% of the loan amount ($X,XXX.XX). The Missouri Second Mortgage Loan Interest Provisions prohibit the total borrower paid fees to the Lender or Affiliate from exceeding 5% of the loan amount.
Condition can be cured by refunding the borrower, providing a LOE, copy of refund check, PCCD and proof of delivery. 5% max allowed is $X,XXX.XX and $X,XXX.XX in lender fees charged ($X,XXX.XX Lock Fee + $X,XXX.XX Points/Loan Discount Fee)
which equals $X,XXX.XX required to be refunded. Condition remains.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached supporting documentation of within fee limits. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The total amount of borrower paid fees to the lender or affiliate ($X,XXX.XX) exceeds 5% of the loan amount ($X,XXX.XX). The Missouri
Second Mortgage Loan Interest Provisions prohibit the total borrower paid fees to the Lender or Affiliate from exceeding 5% of the loan amount. (Mo. Rev. Stat. 408.233) The total amount of borrower paid fees to the lender or affiliate
($X,XXX.XX) exceeds 5% of the loan amount ($X,XXX.XX). The Missouri Second Mortgage Loan Interest Provisions prohibit the total borrower paid fees to the Lender or Affiliate from exceeding 5% of the loan amount. - Due Diligence
Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Received copy of refund check. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
MO
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030280
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-mtg stmt - Due Diligence Vendor-XX/XX/XXXX
Open-1st lien mortgage statement, which is required in order to verify principal and interest, is missing from the loan file. - Due
Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
MO
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030279
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Waived
|
2 - Non-Material
|
Credit
|
Eligibility
|
Ineligible Property Type
|
Waived-Property type is ineligible due to Properties with more than 10 acres. Guidelines limit the properties to 10 acres. Subject property
has 12 acres. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. Finding is non-material, and loan will be graded a B - Due Diligence Vendor-XX/XX/XXXX
|
Waived-Property type is ineligible due to Properties with more than 10 acres. Guidelines limit the properties to 10 acres. Subject property
has 12 acres. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. Finding is non-material, and loan will be graded a B - Due Diligence Vendor-XX/XX/XXXX
|
Borrower vested in title for 5 years.
Borrower has been with same employer for 28 years.
CLTV XX.XX%.
DTI 29.63%.
672 FICO.
|
GA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Originator Pre-Close
|
Yes
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030288
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Credit History taken into consideration does not meet requirements
|
Resolved-Received credit supplement showing account paid off prior to closing. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Counter-Desktop Underwriter findings condition #14 required this to be paid prior to or at closing. Final CD dated XX/XX/XXXX reflects
payoff, PCCD dated XX/XX/XXXX does not list payoff for balance $X,XXX.XX. Provide evidence of payoff. Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Credit History taken into consideration does not meet requirements The credit report tradeline #7 reflects an auto
installment loan with a past due amount of $X,XXX.XX. The Desktop Underwriter findings condition #14 required this to be paid prior to or at closing. The Closing Disclosure signed by the borrowers at closing reflected this as a payoff.
However, the Post Closing Closing Disclosure (PCCD) in file dated XX/XX/XXXX does not reflect it as a payoff. The loan file does not contain documentation to confirm it was paid off. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received credit supplement showing account paid off prior to closing. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
MT
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030288
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-Received credit supplement showing account paid off prior to closing. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-LOX Auto loan - Due Diligence Vendor-XX/XX/XXXX
Counter-Desktop Underwriter findings condition #14 required this to be paid prior to or at closing. Final CD dated XX/XX/XXXX reflects
payoff, PCCD dated XX/XX/XXXX does not list payoff for balance $X,XXX.XX. Provide evidence of payoff. Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-DU FINDINGS - Due Diligence Vendor-XX/XX/XXXX
Open-The credit report tradeline #7 reflects an auto installment loan with a past due amount of $X,XXX.XX. The Desktop Underwriter findings
condition #14 required this to be paid prior to or at closing. The Closing Disclosure signed by the borrowers at closing reflected this as a payoff. However, the Post Closing Closing Disclosure (PCCD) in file dated XX/XX/XXXX does not reflect
it as a payoff. The loan file does not contain documentation to confirm it was paid off. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received credit supplement showing account paid off prior to closing. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
MT
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030296
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
Right to Rescind
|
TILA: Incorrect NORTC model provided - H8 equal or after XX/XX/XXXX (material jurisdictions)
|
Cured-Reopened rescission cancellation date has expired. Condition cured. The finding will be deemed non-material. - Due Diligence
Vendor-XX/XX/XXXX
Ready for Review-Received proof of delivery. Condition will be cured after expiration of reopened rescission which is EOD XX/XX/XXXX.
Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Attached -- proof of delivery - Due Diligence Vendor-XX/XX/XXXX
Counter-Received letter of explanation and re-disclosed RTC with cancellation date of EOD XX/XX/XXXX. Please provide proof of receipt when
available. Condition will be cured upon receiving evidence of receipt and after expiration of reopened rescission. Condition remains.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Attached - re-open rescission letter - Due Diligence Vendor-XX/XX/XXXX
Open-TILA: Incorrect NORTC model provided - H8 equal or after XX/XX/XXXX (material jurisdictions) XXXXX Position - C exception grade for
circuits in which there is an unfavorable ruling for the usage of an H-8 form in all scenarios. - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Reopened rescission cancellation date has expired. Condition cured. The finding will be deemed non-material. - Due Diligence
Vendor-XX/XX/XXXX
|
XXXXX
|
IN
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030311
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
Resolved-Received lease payment of Solar. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements Required supporting document to verify lease
payment of Solar listed on Final 1003.
- Due Diligence Vendor-XX/XX/XXXX
|
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
Resolved-Received lease payment of Solar. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030311
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-Received lease payment of Solar. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-solar lease debt - Due Diligence Vendor-XX/XX/XXXX
Open-Required supporting document to verify lease payment of Solar listed on Final 1003.
- Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received lease payment of Solar. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030316
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-DU Approve/Eligible in file. #14 states non-medical collection and charge off accounts on credit report do not need to be paid off
prior to or at closing. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements open collection account > $X,XXX.XX - Due
Diligence Vendor-XX/XX/XXXX
|
Resolved-DU Approve/Eligible in file. #14 states non-medical collection and charge off accounts on credit report do not need to be paid off
prior to or at closing. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
GA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030316
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Eligibility
|
Open Collection Account
|
Resolved-DU Approve/Eligible in file. #14 states non-medical collection and charge off accounts on credit report do not need to be paid off
prior to or at closing. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-du findings - Due Diligence Vendor-XX/XX/XXXX
Open-There are open Collection items which have yet to be paid. Lender guidelines require all judgements, non-medical collections,
charge-offs, and tax liens to be paid prior to close. Non-medical collections and charge-off less than $X,XXX.XX per account or $X,XXX.XX aggregate may be left unpaid. Borrowers credit reflects collection account of $X,XXX.XX with no evidence
of being paid prior to close. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-DU Approve/Eligible in file. #14 states non-medical collection and charge off accounts on credit report do not need to be paid off
prior to or at closing. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
GA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030300
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements
|
Resolved-Received evidence of property taxes. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements The lender used a qualifying monthly property tax payment
of $211.00 for the subject property. The loan file is missing documentation to confirm this monthly payment amount. It is not reflected on the title report or any other documents in file. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received evidence of property taxes. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
NC
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030300
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Evidence of Property Tax Missing
|
Resolved-Received evidence of property taxes. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-tax cert - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-tax bill - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-mtg stmt - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Evidence of Property Tax The lender used a qualifying monthly property tax payment of $211.00 for the subject property. The
loan file is missing documentation to confirm this monthly payment amount. It is not reflected on the title report or any other documents in file. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received evidence of property taxes. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NC
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030322
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
Fees:Limited
|
Virginia - 5% Maximum Fees Allowed (Junior Liens, Closed End)
|
Cured-. - Due Diligence Vendor-XX/XX/XXXX
Cured-Received copy of refund check. Condition cured. The finding will be deemed non-material. - Due Diligence Vendor-XX/XX/XXXX
Cured- - Due Diligence Vendor-XX/XX/XXXX
Cured- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Check copy_XXXX__XXXXX - Due Diligence Vendor-XX/XX/XXXX
Counter-Received Letter of Explanation, Corrected PCCD, and Proof of Delivery to Borrower. Please provide copy of check once available and
condition will be Cured and downgraded. Condition maintained.
- Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please review attached check request package for cure. Copy of check to be provided once available. - Due Diligence
Vendor-XX/XX/XXXX
Counter-Yes, a refund will cure this violation. - Due Diligence Vendor-XX/XX/XXXX
Escalated-Escalated - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Is the exception able to be cured by refunding the overage? - Due Diligence Vendor-XX/XX/XXXX
Counter-A "Loan Fee" may be charged that does not exceed 2% but there's nothing in the reg that allows the "Loan Fee" to be excluded from
the aggregate 5% maximum fees. Condition maintained. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please exclude Loan Fee from calculations, per documentation provided on XX/XX/XXXX stating: (The lender may also impose a
loan fee not exceeding two percent of the principal amount of the loan provided that such loan fee shall not be imposed more often than once each 18 months except to the extent that new money is advanced within such 18-month period by a renewal
or additional loan. New money shall be money advanced in excess of the outstanding principal balance at the time such new advance is made. These provisions shall apply whether such loan fee is payable directly to the lender or to a third party
in connection with such loan.) - Due Diligence Vendor-XX/XX/XXXX
Counter-The Discount Points and Loan Fee were included in the calculation. A refund of $X,XXX.XX is required, along with an LOE, copy of
check, and proof of delivery. Condition maintained. - Due Diligence Vendor-XX/XX/XXXX
Open-. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached documentation to reflect that we are under 5%, along with the fees from our CD. Total points and fees
do not exceed 5%. If your fees do not match, please advise what fees are being used in your calculations. - Due Diligence Vendor-XX/XX/XXXX
Counter-Under the Virginia Interest and Usury Provisions, specifically Va. Code § 6.2-327, a lender may charge a loan fee not exceeding 5%
of the principal amount for certain loans secured by a subordinate mortgage or deed of trust. Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please review. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The Virginia Interest and Usury Provisions limit the loan fees that are charged to the borrower to 5% of the loan amount. (Va. Code
6.2-328) Provide Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to Borrower. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured-. - Due Diligence Vendor-XX/XX/XXXX
Cured-Received copy of refund check. Condition cured. The finding will be deemed non-material. - Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
VA
|
Primary Residence
|
Refinance
|
Cash Out - Debt Consolidation
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030322
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Property
|
Missing Doc
|
Missing Appraisal (Property)
|
Resolved-Incorrect Originator QM status was sent, confirmed they tested as QM on Loan Details report. Condition resolved. - Due Diligence
Vendor-XX/XX/XXXX
Ready for Review-LOX APPR - Due Diligence Vendor-XX/XX/XXXX
Open-Appraisal or other primary valuation product is missing Subject loan was submitted as Non-QM and compliance testing shows it is Higher
Priced (HPML) loan. A full appraisal with an interior inspection is required. Loan file has 2 AVMs for valuation and does not contain the required appraisal. Additional findings may apply when appraisal is received. - Due Diligence
Vendor-XX/XX/XXXX
|
Resolved-Incorrect Originator QM status was sent, confirmed they tested as QM on Loan Details report. Condition resolved. - Due Diligence
Vendor-XX/XX/XXXX
|
XXXXX
|
VA
|
Primary Residence
|
Refinance
|
Cash Out - Debt Consolidation
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030329
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Waived
|
2 - Non-Material
|
Credit
|
Missing Doc
|
Borrower 1 W2/1099 Missing
|
Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is
non-material, and loan will be graded a B - Due Diligence Vendor-XX/XX/XXXX
Waived-Tax transcripts cover the required timeframe. However, it is post-dated (XX/XX/XXXX) and there is no evidence the reported W2 figure
was solely the borrower’s (Filed Jointly). Waived by Investor. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-tax trans - Due Diligence Vendor-XX/XX/XXXX
Counter- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Received paystubs dated XX/XX/XXXX & XX/XX/XXXX for XXXXX. WVOE dated XX/XX/XXXX for XXXXX. Please provide XXXX for
XXXXX LLC. Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-XXXX year end paystub (XXXX W2) for XXXXX - Due Diligence Vendor-XX/XX/XXXX
Counter-Missing XXXX W2 for employer 1C listed as the secondary employment on final 1003- XXXXX. Condition remains. - Due Diligence
Vendor-XX/XX/XXXX
Ready for Review-Which employer are you looking for. Please advise name of employer and which borrower. - Due Diligence Vendor-XX/XX/XXXX
Counter-Received another copy of the WVOE for employer reflected in section 1b of the 1003. Missing XXXX W2 for employer listed 1C on the
final 1003. Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-current employer XXXX income on full voe - Due Diligence Vendor-XX/XX/XXXX
Counter-Missing XXXX W2 for employer listed 1C on the final 1003. VOE provided reflects employer 1B on the final 1003. Condition remains. -
Due Diligence Vendor-XX/XX/XXXX
Ready for Review-FULL VOE - Due Diligence Vendor-XX/XX/XXXX
Open-Borrower 1 W2/1099 Missing Final loan application section 1c lists a current employer for the borrower. The loan file is missing a
copy of the XXXX W2 from this employer. Lender guidelines require 2 years of W2s when an AUS is not in file. Loan file does not contain an AUS. File has XXXX W2, but is missing XXXX W2. - Due Diligence Vendor-XX/XX/XXXX
|
Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is
non-material, and loan will be graded a B - Due Diligence Vendor-XX/XX/XXXX
Waived-Tax transcripts cover the required timeframe. However, it is post-dated (XX/XX/XXXX) and there is no evidence the reported W2
figure was solely the borrower’s (Filed Jointly). Waived by Investor. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
35% DTI, owned subj 6yrs, 0 mortgage lates.
|
CO
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030329
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements
|
Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-XX/XX/XXXX
Resolved-Condition for XXXX W2/1099 waived by Investor. ATR established with XXXX and YTD. Condition Resolved. - Due Diligence
Vendor-XX/XX/XXXX
Counter-Missing XXXX W2 for employer listed 1C on the final 1003. VOE provided reflects employer 1B on the final 1003. Condition remains. -
Due Diligence Vendor-XX/XX/XXXX
Ready for Review-UPLOADED TO CREDIT COND - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements Final loan application section 1c lists a
current employer for the borrower. The loan file is missing a copy of the XXXX W2 from this employer. Lender guidelines require 2 years of W2s when an AUS is not in file. Loan file does not contain an AUS. File has XXXX W2, but is missing
XXXX W2. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-XX/XX/XXXX
Resolved-Condition for XXXX W2/1099 waived by Investor. ATR established with XXXX and YTD. Condition Resolved. - Due Diligence
Vendor-XX/XX/XXXX
|
CO
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030329
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements
|
Resolved-ATR Risk - Monthly HOI, Taxes, Assessment payments meet requirements - Due Diligence Vendor-XX/XX/XXXX
Resolved-HOI policy received. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-UPLOADED TO CREDIT COND - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements The loan file is missing documentation for the homeowner's
insurance for the subject property. The file contains a paid receipt for the insurance but is missing a copy of the policy in effect at the time of the subject transaction confirming sufficient coverage was in place. - Due Diligence
Vendor-XX/XX/XXXX
|
Resolved-ATR Risk - Monthly HOI, Taxes, Assessment payments meet requirements - Due Diligence Vendor-XX/XX/XXXX
Resolved-HOI policy received. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
CO
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030329
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Hazard Insurance Policy is Partial
|
Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-HAZARD - Due Diligence Vendor-XX/XX/XXXX
Open-Hazard Insurance Policy Partially Provided The loan file is missing documentation for the homeowner's insurance for the subject
property. The file contains a paid receipt for the insurance but is missing a copy of the policy in effect at the time of the subject transaction confirming sufficient coverage was in place. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CO
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030328
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-Received executed LOC Termination Affidavit. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements The subject loan paid off an existing 2nd Lien
HELOC on the subject property. The payoff statement in file for the 2nd lien required the borrower to sign an authorization to close the HELOC. The loan file did not contain a signed authorization to close the existing HELOC. Payoff statement
was not signed by borrower and loan file did not contain a signed Mortgage/Line of Credit Termination Affidavit or similar document. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received executed LOC Termination Affidavit. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
NM
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030328
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
HELOC Closure Letter Not Provided
|
Resolved-Received executed LOC Termination Affidavit. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached - Due Diligence Vendor-XX/XX/XXXX
Open-The Borrower Authorization to Close Out Home Equity Line of Credit (HELOC) was not provided. The subject loan paid off an existing 2nd
Lien HELOC on the subject property. The payoff statement in file for the 2nd lien required the borrower to sign an authorization to close the HELOC. The loan file did not contain a signed authorization to close the existing HELOC. Payoff
statement was not signed by borrower and loan file did not contain a signed Mortgage/Line of Credit Termination Affidavit or similar document. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received executed LOC Termination Affidavit. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NM
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030333
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
XXXXX
|
Fees: Limited
|
Cured-Received copy of refund check. Condition cured. The finding will be deemed non-material. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX
Cured-Received copy of refund check. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see attached copy of check - Due Diligence Vendor-XX/XX/XXXX
Counter-Received Letter of Explanation, Corrected PCCD, and Proof of Delivery to Borrower. Please provide copy of check once available and
condition will be Cured and downgraded. Condition maintained.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see attached check request pkg - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-This loan has submitted ($X,XXX.XX) fees paid to Lender and ($X,XXX.XX) fees paid to Affiliate which exceeds the threshold ($X,XXX.XX).
The aggregate amount of prepaid finance charges payable to the mortgage company or any person related to such company cannot exceed 5% of the amount financed on covered transactions. (K.S.A. 9-2228(d); Kan. Reg. 75-6-26) - Due Diligence
Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Received copy of refund check. Condition cured. The finding will be deemed non-material. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX
Cured-Received copy of refund check. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
KS
|
Primary Residence
|
Refinance
|
Cash Out - Debt Consolidation
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030333
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements Provide verification of what collateral was used
for the home improvement loan showing on the credit report. If it is tied/attached to the subject property, provide proof of cancellation or a signed attestation from title company that there isn't one. If the loan is secured by a different
property, additional conditions will apply, including but not limited to proof of PITIA. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
|
KS
|
Primary Residence
|
Refinance
|
Cash Out - Debt Consolidation
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030333
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-home improv - Due Diligence Vendor-XX/XX/XXXX
Open-Provide verification of what collateral was used for the home improvement loan showing on the credit report. If it is tied/attached to
the subject property, provide proof of cancellation or a signed attestation from title company that there isn't one. If the loan is secured by a different property, additional conditions will apply, including but not limited to proof of PITIA.
- Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
KS
|
Primary Residence
|
Refinance
|
Cash Out - Debt Consolidation
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030331
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
Right to Rescind
|
TILA: Incorrect NORTC model provided - H8 equal or after XX/XX/XXXX (material jurisdictions)
|
Cured-Received proof of delivery. Reopened rescission cancellation date has expired. Condition cured. The finding will be deemed
non-material.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached proof of delivery - Due Diligence Vendor-XX/XX/XXXX
Counter-Received letter of explanation and re-disclosed RTC with cancellation date of EOD XX/XX/XXXX. Please provide proof of receipt when
available. Condition will be cured upon receiving evidence of receipt and after expiration of reopened rescission. Condition remains.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Hello, Please see attached - Due Diligence Vendor-XX/XX/XXXX
Open-TILA: Incorrect NORTC model provided - H8 equal or after XX/XX/XXXX (material jurisdictions) The subject transaction is a cash-out
refinance paying off an existing 2nd lien on the subject property that was provided by the same lender as the subject loan lender. The NORTC in file is on Form H8 and Form H9 is required. XXXXX Position - C exception grade for circuits in
which there is an unfavorable ruling for the usage of an H8 form in all scenarios. Provide Letter of Explanation, Disclose Correct Information, Proof of Borrower Receipt, and Re-open Rescission. - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Received proof of delivery. Reopened rescission cancellation date has expired. Condition cured. The finding will be deemed
non-material.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
MO
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030340
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
2 - Non-Material
|
Compliance
|
Late:Grace
|
Maryland - Minimum Grace Period (Interest & Usury)
|
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) This finding is non-material and will be rated a B. All other agencies will be rated as A - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) This finding is non-material and will be rated a B. All other agencies will be rated as A - Due Diligence Vendor-XX/XX/XXXX
|
MD
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030338
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Condo Master Insurance Policy
|
Resolved-Received Condo Master Policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-master hazard - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-HO6 - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Condo Master Insurance Policy - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Condo Master Policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
MA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030338
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements
|
Resolved-Received YTD paystub. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements Loan file is missing a paystub dated no
earlier than 30 days prior to the initial application date or a standard Verification of Employment (1005). - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received YTD paystub. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
MA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030338
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing income documentation
|
Resolved-Received YTD paystub. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-paystub date XX/XX/XXXX - Due Diligence Vendor-XX/XX/XXXX
Open-Loan file is missing a paystub dated no earlier than 30 days prior to the initial application date or a standard Verification of
Employment (1005). - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received YTD paystub. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
MA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030343
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
Fees:Limited
|
Michigan - Maximum Broker & Lender Fees Allowed
|
Cured-Received copy of refund check. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see copy of check attached - Due Diligence Vendor-XX/XX/XXXX
Counter-Received Letter of Explanation, Corrected PCCD, and Proof of Delivery to Borrower. Please provide copy of check once available and
condition will be Cured and downgraded. Condition maintained.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached. - Due Diligence Vendor-XX/XX/XXXX
Open-The Michigan Secondary Mortgage Loan Act prohibits the broker and lender fees from exceeding 5% of the loan amount. (Mich. Comp. Laws
Ann. 493.72) Provide Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to Borrower. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Received copy of refund check. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
MI
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030362
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Borrower
|
Fraud: Potential Identity Issues identified in the file
|
Resolved-Received SAM.gov showing no matches. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-sam.gov - Due Diligence Vendor-XX/XX/XXXX
Open-Borrower name reflects Possible match found on SAM.gov. Require SAM search or supporting document to verify not match found. - Due
Diligence Vendor-XX/XX/XXXX
|
Resolved-Received SAM.gov showing no matches. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
IL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030354
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
Fees:Limited
|
Virginia - 5% Maximum Fees Allowed (Junior Liens, Closed End)
|
Cured-Received copy of refund check. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see copy of check attached. - Due Diligence Vendor-XX/XX/XXXX
Counter-Received Letter of Explanation, Corrected PCCD, and Proof of Delivery to Borrower. Please provide copy of check once available and
condition will be Cured and downgraded. Condition maintained.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Code of Virginia says…
6.2-327. Certain loans secured by a subordinate deed of trust or mortgage. 3. The lender may also impose a loan fee not exceeding two
percent of the principal
amount - Due Diligence Vendor-XX/XX/XXXX
Counter-Per XXXXX: The term “loan fee” is not defined in the statute. Though the statute reads no charges “by any other name may be
collected,” the Virginia BFI provided guidance to XXXXX’s outside counsel that points, broker fees, origination fees, and the like are all treated as part of this “loan fee.” The BFI does not require the lender to list only one "loan fee” since
the lender may need to itemize the fees to the extent required by federal law. Based on this guidance, XXXXX/XXXXX also allows discount points, origination fee, broker fees, processing fee, and underwriting fee; and will aggregate the total of
the allowed borrower fees and provide a fail message if the total exceeds 5% of the loan amount in a junior lien loan. The exception can be cured by refunding $X,XXX.XX. Provided Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof
of Delivery to Borrower. The loan amount in this loan is $X,XXX.XX and 5% of the loan amount is $X,XXX.XX. The fees included total $X,XXX.XX which includes the fees in Section A + Prepaid Interest. Condition remains.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached. - Due Diligence Vendor-XX/XX/XXXX
Counter-Pre-paid interest is also included in the calculation. Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-The 5% cap would be $X,XXX.XX on a $X,XXX.XX loan, correct? It appears that we charged $X,XXX.XX in origination fees, which
is within the threshold. Are there other fees included in this test we are not taking into account? Please advise if there are other fees included in the test and the amount of the overage, so we can process the cure ASAP. Thanks! - Due
Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The Virginia Interest and Usury Provisions limit the loan fees that are charged to the borrower to 5% of the loan amount. (Va. Code
6.2-328) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Received copy of refund check. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
VA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030353
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
2 - Non-Material
|
Compliance
|
Missing Doc
|
TX 50(a)(6) Violation: T-42/ T-42.1 Title Endorsement is missing
|
Acknowledged-This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX
Acknowledged-Acknowledged by Investor. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-T47.1 document to support exception - Due Diligence Vendor-XX/XX/XXXX
Open-TX 50(a)(6) Violation: T-42/ T-42.1 Title Endorsement is missing. - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX
Acknowledged-Acknowledged by Investor. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030356
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
2 - Non-Material
|
Compliance
|
Late:Grace
|
Maryland - Minimum Grace Period (Interest & Usury)
|
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) This finding is non-material and will be rated a B for all agencies.
- Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) This finding is non-material and will be rated a B for all agencies.
- Due Diligence Vendor-XX/XX/XXXX
|
MD
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030360
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Insurance
|
Hazard insurance dwelling coverage is not sufficient
|
Resolved-Received Master Policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-mast hazard - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-ho6 - Due Diligence Vendor-XX/XX/XXXX
Open-Subject Hazard insurance coverage is insufficient for the combined first lien and current loan amounts. Updated documentation is
required to verify the dwelling coverage meets the requirements for both liens. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Master Policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
FL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030365
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Condo Master Insurance Policy
|
Resolved-Received Master policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-mast haz - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-HO6 - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Condo Master Insurance Policy Condo Master Insurance Policy Missing. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Master policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030377
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Eligibility
|
Open Current Charge offs
|
Resolved-Received AUS reflecting the collections in question do not need to be paid off prior to or at closing. Condition cleared. - Due
Diligence Vendor-XX/XX/XXXX
Ready for Review-DU FINDINGS DO NOT HAVE TO PAY - Due Diligence Vendor-XX/XX/XXXX
Open-Lender guidelines require all judgements, non-medical collections, charge-offs, and tax liens to be paid prior to close. Non-medical
collections and charge-off less than $X,XXX.XX per account or $X,XXX.XX aggregate may be left unpaid. Borrowers credit reflects three charge-off accounts totaling $X,XXX.XX with no evidence of being paid prior to close. - Due Diligence
Vendor-XX/XX/XXXX
|
Resolved-Received AUS reflecting the collections in question do not need to be paid off prior to or at closing. Condition cleared. - Due
Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
OH
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030377
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Credit History taken into consideration does not meet requirements
|
Resolved-Received AUS reflecting the collections in question do not need to be paid off prior to or at closing. Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Credit History taken into consideration does not meet requirements charge off accounts not paid - Due Diligence
Vendor-XX/XX/XXXX
|
Resolved-Received AUS reflecting the collections in question do not need to be paid off prior to or at closing. Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
|
OH
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030376
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements
|
Resolved-Received Master Condo Policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements Missing HOA Condo Master Insurance Policy - Due Diligence
Vendor-XX/XX/XXXX
|
Resolved-Received Master Condo Policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030376
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Condo Master Insurance Policy
|
Resolved-Received Master Condo Policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-master haz - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-HO6 - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Condo Master Insurance Policy - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Master Condo Policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030375
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
2 - Non-Material
|
Compliance
|
Late:Grace
|
Maryland - Minimum Grace Period (Interest & Usury)
|
Acknowledged-This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) This finding is non-material and can be downgraded to Rated as B.
- Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) This finding is non-material and can be downgraded to Rated as B.
- Due Diligence Vendor-XX/XX/XXXX
|
MD
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030386
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Property
|
Appraisal
|
Subject property appraisal is not on an as-is basis (Primary Value)
|
Resolved-Received 1004D. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-1004d - Due Diligence Vendor-XX/XX/XXXX
Open-Primary Value Subject Property Appraisal is not on an As-Is Basis. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received 1004D. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030386
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
2 - Non-Material
|
Compliance
|
Missing Doc
|
TX 50(a)(6) Violation: T-42/ T-42.1 Title Endorsement is missing
|
Acknowledged-Acknowledged by Investor. - Due Diligence Vendor-XX/XX/XXXX
Open-TX 50(a)(6) Violation: T-42/ T-42.1 Title Endorsement is missing. - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-Acknowledged by Investor. - Due Diligence Vendor-XX/XX/XXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030392
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements
|
Resolved-B1 XXXX W2 received. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-B1 XXXX W2 received. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
GA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030392
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing income documentation
|
Resolved-B1 XXXX W2 received. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-XXXX income - Due Diligence Vendor-XX/XX/XXXX
Open-Missing income proof of B1 for the year XXXX - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-B1 XXXX W2 received. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
GA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030395
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
1 - Information
|
Property
|
Value
|
S&P value equals B, secondary product within tolerance
|
Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will
be rated as A. - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will
be rated as A. - Due Diligence Vendor-XX/XX/XXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030418
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
Resolved-Received credit supplement and 5-month P&I payment history. Resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements Missing Mortgage statement or equivalent document
to verify 1st lien P&I on subject property. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
Resolved-Received credit supplement and 5-month P&I payment history. Resolved. - Due Diligence Vendor-XX/XX/XXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030418
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-Received credit supplement and 5-month payment history. Resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-vom - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-credit supp - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Mortgage statement or equivalent document to verify 1st lien P&I on subject property. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received credit supplement and 5-month payment history. Resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030419
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
2 - Non-Material
|
Compliance
|
Late:Grace
|
Maryland - Minimum Grace Period (Interest & Usury)
|
Acknowledged-This finding is non-material and will be rated an Rated as B. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-This finding is non-material and will be rated an Rated as B. - Due Diligence Vendor-XX/XX/XXXX
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) - Due Diligence Vendor-XX/XX/XXXX
|
MD
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030424
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Waived
|
2 - Non-Material
|
Credit
|
Eligibility
|
Transaction Ineligible
|
Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is
non-material, and loan will be graded a B. - Due Diligence Vendor-XX/XX/XXXX
Waived-Waived by Investor - Due Diligence Vendor-XX/XX/XXXX
Open-As per GLs maximum allowable acres are 10 however subject property has more than 10 acres. Lender provided approved exception with
valid compensating factors.
CLTV compensating factor is not met - Due Diligence Vendor-XX/XX/XXXX
|
ok to waive the acreage finding here. 766 FICO, owned subj 8 yrs, 0 mortgage lates - XX/XX/XXXX
|
Waived-A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors. Finding is
non-material, and loan will be graded a B. - Due Diligence Vendor-XX/XX/XXXX
Waived-Waived by Investor - Due Diligence Vendor-XX/XX/XXXX
|
766 FICO, owned subj 8 yrs, 0 mortgage lates
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030424
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Fees:Limited
|
Texas - Maximum Fees Allowed (Starting Adjusted Rate and Bona Fide Decrease)
|
Resolved-Received Itemization of to show general lender credit was used to offset fees. Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The Texas Constitution prohibits fees from exceeding 2% of the principal balance on a non-purchase money loan. (Tex. Const. Art. 16
Sec. 50(a)(6)(E); 7 TX ADC Sec. 153.5) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Itemization of to show general lender credit was used to offset fees. Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030424
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Enterprise:FeeLimits
|
ER - Texas Constitution 2% Fee Limit (Starting Adjusted Rate and Bona Fide Decrease)
|
Resolved-Received Itemization of to show general lender credit was used to offset fees. Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-2% TX LOX - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The Texas Constitution prohibits fees from exceeding 2% of the principal balance on a non-purchase money loan. (Tex. Const. Art. 16
Sec. 50(a)(6)(E); 7 TX ADC Sec. 153.5) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Itemization of to show general lender credit was used to offset fees. Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030424
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
1 - Information
|
Property
|
Value
|
S&P value equals B, secondary product within tolerance
|
Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will
be rated as A. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will
be rated as A. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-XX/XX/XXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030423
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Fees:Limited
|
Pennsylvania - Max Application Fee or Origination Fee (MLILCPA)
|
Resolved-Received rate stack. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached - Due Diligence Vendor-XX/XX/XXXX
Counter-The Borrower paid $X,XXX.XX in loan discount points. The loan file does not contain documentation relating to the starting adjusted
rate. Please provide the Rate Stack or disclosure of the SAR (closest to PAR) and the difference to the selected closing rate. The State’s interest Statue only allows borrower-paid discount points which result in bona fide reduction of the
interest rate or time-price differential applicable to junior lien loan. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Can you please provide the calculation you are referencing to determine we exceed the 3% - Due Diligence Vendor-XX/XX/XXXX
Open-Under the Pennsylvania Mortgage Licensing Act, a lender may not charge an Application Fee or Loan Origination Fee exceeding 3% of the
loan amount. (7 Pa. Stat. 6125(b)) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received rate stack. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
PA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030437
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Condo Master Insurance Policy
|
Resolved-Received condo master policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-master haz - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-HO6 - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Condo Master Insurance Policy - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received condo master policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
WI
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030449
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Closing
|
Borrower 1 Photo ID is expired
|
Resolved-Received current ID. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Attached - Borrowers Photo ID - Due Diligence Vendor-XX/XX/XXXX
Open-Borrower photo ID expiration date is XX/XX/XXXX and note is dated XX/XX/XXXX. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received current ID. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
VA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030454
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Property
|
Missing Doc
|
Missing Appraisal (Property)
|
Resolved-Client acknowledges this loan does not meet HP NQM requirements due to missing a full appraisal. QM status changed to HP QM.
Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-HP QM. 2nd lien. Loan Amount $X,XXX.XX. APOR XX.XX% + 6.5 pts = XX.XX% APR threshold. APR on Final CD XX.XX%, within
threshold. QM rebuttable presumption. Okay to close w/ AVMs, per guidelines. - Due Diligence Vendor-XX/XX/XXXX
Open-Appraisal or other primary valuation product is missing The subject loan was submitted as Non-QM and testing reflects it is Higher
Priced / HPML. The loan file contains 2 AVMs to document the subject property value. A full appraisal with an interior inspection is required. The loan file is missing the required full appraisal. Additional conditions may apply upon receipt
of the appraisal. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Client acknowledges this loan does not meet HP NQM requirements due to missing a full appraisal. QM status changed to HP QM.
Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
|
CO
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030463
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
XXXXX
|
VA Fee Not Allowed- Commitment Rate Lock Fee (Fee ID: 83)
|
Cured-Received copy of refund check. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-copy of check - Due Diligence Vendor-XX/XX/XXXX
Counter-Received Letter of Explanation, Corrected PCCD, and Proof of Delivery to Borrower. Please provide copy of check once available and
condition will be Cured and downgraded. Condition maintained.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-copy of check request and LOX. copy of check will follow once received - Due Diligence Vendor-XX/XX/XXXX
Open-Section 6.2-328 of the Virginia Interest and Usury Provisions does not allow Commitment (Rate Lock) Fee (Fee ID: 83) to be charged to
the Borrower in VA. Provide Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to Borrower. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Received copy of refund check. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
VA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030470
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
XXXXX
|
Fees: Prohibited
|
Open- - Due Diligence Vendor-XX/XX/XXXX
Cured-Received copy of refund check. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see attached - Due Diligence Vendor-XX/XX/XXXX
Counter-Received Letter of Explanation, Corrected PCCD, and Proof of Delivery to Borrower. Please provide copy of check once available and
condition will be Cured and downgraded. Condition maintained.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Counter-The Vermont Interest Statute does not permit Rate Lock Fees. (Vt. Stat. Ann. Tit. 9, Sec. 42). The borrower was charged a Lock Fee
of $X,XXX.XX at origination. Please provide evidence and delivery of the $X,XXX.XX cure. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see attached rebuttal - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The Vermont Interest Statute does not allow the following fees to be paid by the Borrower on a junior lien loan: Origination Fee, Rate
Buy Down Fee, Commitment (Rate Lock) Fee, Escrow Waiver Fee, 203(k) Supplemental Origination Fee, and 203(k) Discount on Repairs. (Vt. Stat. Ann. Tit. 9, Sec. 42) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Received copy of refund check. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
VT
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030470
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
XXXXX
|
Fees: Prohibited
|
Resolved-Received Rate Stack. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached. - Due Diligence Vendor-XX/XX/XXXX
Open-The borrower paid ($X,XXX.XX) in loan discount points. The loan file does not contain documentation related to the Starting Adjusted
Rate. Please provide the Rate Stack or disclosure of the SAR (closest to PAR) and the difference to the selected closing rate. - Due Diligence Vendor-XX/XX/XXXX
Open-The borrower paid ($X,XXX.XX) in loan discount points, but the (7.75%) note rate is not less than the (0.0%) starting adjusted rate.
The Vermont Interest Statute only allows borrower-paid discount points which result in a bona fide reduction of the interest rate or time-price differential applicable to a junior lien loan. (Vt. Stat. Ann. Tit. 9, Sec. 42(a)(9)) - Due
Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Rate Stack. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
VT
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030465
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Hazard Insurance Policy is Missing
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-HOI - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Hazard Insurance Policy - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
MA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030473
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
2 - Non-Material
|
Compliance
|
Disclosure
|
ECOA: Appraisal Not Provided to Applicant
|
Acknowledged-This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX
Acknowledged-ECOA Non-Compliant: Appraisal present; no evidence appraisal was provided to applicant. - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX
Acknowledged-ECOA Non-Compliant: Appraisal present; no evidence appraisal was provided to applicant. - Due Diligence Vendor-XX/XX/XXXX
|
NJ
|
Primary Residence
|
Refinance
|
Cash Out - Debt Consolidation
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030473
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Disclosure
|
HPML: Appraisal Not Provided to Applicant
|
Resolved-Client acknowledges this loan does not meet HP NQM requirements due to missing a full appraisal. QM status changed to HP QM.
Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-This loan is QM HPML, valid to close with AVMs per guidelines, please advise. - Due Diligence Vendor-XX/XX/XXXX
Open-HPML Non-Compliant: Appraisal present; no evidence appraisal was provided to applicant or was not provided timely. NON-QM per Tape -No
appraisal in file - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Client acknowledges this loan does not meet HP NQM requirements due to missing a full appraisal. QM status changed to HP QM.
Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
|
NJ
|
Primary Residence
|
Refinance
|
Cash Out - Debt Consolidation
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030471
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Condo Master Insurance Policy
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Condo Master Insurance Policy is fully present - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-master haz - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-ho6 - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Condo Master Insurance Policy - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Condo Master Insurance Policy is fully present - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NH
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030478
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Fees:Limited
|
Texas - Maximum Fees Allowed (Starting Adjusted Rate and Bona Fide Decrease)
|
Resolved-Received Itemization of to show general lender credit was used to offset fees. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Resolved-Received Itemization of to show general lender credit was used to offset fees. Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached. - Due Diligence Vendor-XX/XX/XXXX
Open-The Texas Constitution prohibits fees from exceeding 2% of the principal balance on a non-purchase money loan. (Tex. Const. Art. 16
Sec. 50(a)(6)(E); 7 TX ADC Sec. 153.5) The Texas Constitution prohibits fees from exceeding 2% of the principal balance on a non-purchase money loan. (Tex. Const. Art. 16 Sec. 50(a)(6)(E); 7 TX ADC Sec. 153.5) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Itemization of to show general lender credit was used to offset fees. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Received Itemization of to show general lender credit was used to offset fees. Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030478
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Enterprise:FeeLimits
|
ER - Texas Constitution 2% Fee Limit (Starting Adjusted Rate and Bona Fide Decrease)
|
Resolved-Received Itemization of to show general lender credit was used to offset fees. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Resolved-Received Itemization of to show general lender credit was used to offset fees. Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
Open-The Texas Constitution prohibits fees from exceeding 2% of the principal balance on a non-purchase money loan. (Tex. Const. Art. 16
Sec. 50(a)(6)(E); 7 TX ADC Sec. 153.5) The Texas Constitution prohibits fees from exceeding 2% of the principal balance on a non-purchase money loan. (Tex. Const. Art. 16 Sec. 50(a)(6)(E); 7 TX ADC Sec. 153.5) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Itemization of to show general lender credit was used to offset fees. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Received Itemization of to show general lender credit was used to offset fees. Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030479
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements Missing income documents - Due Diligence
Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-XX/XX/XXXX
|
NV
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030479
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-income docs - Due Diligence Vendor-XX/XX/XXXX
Open-2-year income history missing Please provide XXXX,XXXX income documents - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NV
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030487
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Condo Questionnaire
|
Resolved-Received evidence of condo approval. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-XXXXX approval - Due Diligence Vendor-XX/XX/XXXX
Open- The Condo Questionnaire is missing from the loan file. Additional conditions may apply.
The Condo Questionnaire is missing from the loan file. Additional conditions may apply. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received evidence of condo approval. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
IL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030487
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Citizenship Documentation Not Provided
|
Resolved-Received Permanent Resident card. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Perm Res card - Due Diligence Vendor-XX/XX/XXXX
Open-Borrower 1 Citizenship Documentation Is Missing - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Permanent Resident card. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
IL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030487
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Condo Master Insurance Policy
|
Resolved-Received Condo Master Policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-master haz - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-HO6 - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Condo Master Insurance Policy - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Condo Master Policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
IL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030484
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
2 - Non-Material
|
Compliance
|
Late:Grace
|
Maryland - Minimum Grace Period (Interest & Usury)
|
Acknowledged-Investor Acknowledged. This finding is deemed non-material and will be rated an B.
- Due Diligence Vendor-XX/XX/XXXX
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-Investor Acknowledged. This finding is deemed non-material and will be rated an B.
- Due Diligence Vendor-XX/XX/XXXX
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) - Due Diligence Vendor-XX/XX/XXXX
|
MD
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030489
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements The final loan application section 2c reflects an
installment loan with a monthly payment of $X,XXX.XX. This liability is not reflected on the credit report, and the loan file does not contain any documentation to verify the balance and monthly payment for this debt. - Due Diligence
Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030489
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-solar agree - Due Diligence Vendor-XX/XX/XXXX
Open-The final loan application section 2c reflects an installment loan with a monthly payment of $X,XXX.XX. This liability is not reflected
on the credit report, and the loan file does not contain any documentation to verify the balance and monthly payment for this debt. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030493
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Insurance
|
Hazard Insurance Shortfall
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Hazard Insurance Coverage Amount of $X,XXX.XX is equal to or greater than Total Amount of Subject Lien(s) or Guaranteed Replacement
Coverage is present - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-master haz - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-HO6 - Due Diligence Vendor-XX/XX/XXXX
Open-Dwelling coverage is not met with both 1st lien outstanding balance and 2nd lien loan amount - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Hazard Insurance Coverage Amount of $X,XXX.XX is equal to or greater than Total Amount of Subject Lien(s) or Guaranteed
Replacement Coverage is present - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
FL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030494
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
1 - Information
|
Property
|
Value
|
S&P value equals B, secondary product within tolerance
|
Acknowledged-Investor Waived. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence
Vendor-XX/XX/XXXX
Open-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be
rated as A. - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-Investor Waived. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence
Vendor-XX/XX/XXXX
|
CO
|
Primary Residence
|
Refinance
|
Cash Out - Debt Consolidation
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030494
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Property
|
Value
|
Missing Valuation Review Product - 1
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-2nd va; - Due Diligence Vendor-XX/XX/XXXX
Open-A valid secondary valuation supporting the origination appraisal value is not present. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CO
|
Primary Residence
|
Refinance
|
Cash Out - Debt Consolidation
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030503
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
1 - Information
|
Property
|
Value
|
S&P value equals B, secondary product within tolerance
|
Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will
be rated as A. Investor Acknowledged. - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will
be rated as A. Investor Acknowledged. - Due Diligence Vendor-XX/XX/XXXX
|
WA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030503
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Property
|
Value
|
Missing Valuation Review Product - 1
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-2nd valuation - Due Diligence Vendor-XX/XX/XXXX
Open-A valid secondary valuation supporting the origination appraisal value is not present. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
WA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030503
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements Missing verification of $X,XXX.XX in XXX
income for borrower. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-XX/XX/XXXX
|
WA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030503
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Income/Employment
|
Income and Employment Do Not Meet Guidelines
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Income and Employment Meet Guidelines - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-XXX income - Due Diligence Vendor-XX/XX/XXXX
Open-Income and Employment Do Not Meet Guidelines Missing verification of $X,XXX.XX in XXX income for borrower. - Due Diligence
Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Income and Employment Meet Guidelines - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
WA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030505
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Senior Mortgage Statement
|
Resolved-Received mortgage statement. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-mtg stmt - Due Diligence Vendor-XX/XX/XXXX
Open-The Senior Mortgage Statement is missing from the file. As per 1003 Section 3 have first lien of mortgage, but mortgage statement
missing in file. Kindly provide the supporting document to verify the mortgage payment.
- Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received mortgage statement. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NC
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030502
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-Received executed LOC Termination Affidavit. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements The Borrower Authorization to Close Out Home
Equity Line of Credit (HELOC) was not provided - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received executed LOC Termination Affidavit. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
IN
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030502
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
HELOC Closure Letter Not Provided
|
Resolved-Received executed LOC Termination Affidavit. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-HELOC CLOSE LETTER - Due Diligence Vendor-XX/XX/XXXX
Open-The Borrower Authorization to Close Out Home Equity Line of Credit (HELOC) was not provided. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received executed LOC Termination Affidavit. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
IN
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030507
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Property
|
Value
|
Missing Post Close Valuation - 1
|
Resolved-Received 1004. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-2nd valuation - Due Diligence Vendor-XX/XX/XXXX
Open-A valid secondary valuation supporting the origination appraisal value is not present. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received 1004. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
MO
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030510
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-Received credit supplement evidencing senior lien balance of $X,XXX.XX. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Open-Please provide documentation to support lower balance on senior lien. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received credit supplement evidencing senior lien balance of $X,XXX.XX. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
FL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030517
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Borrower Identification - Borrower 1
|
Resolved-Received Patriot Act Form. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Borrower Identification - Borrower 1 provided. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Hello. Please see attached - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Borrower Identification - Borrower 1. Missing Customer ID Docs - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Patriot Act Form. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Borrower Identification - Borrower 1 provided. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030519
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
2 - Non-Material
|
Compliance
|
Late:Grace
|
Maryland - Minimum Grace Period (Interest & Usury)
|
Acknowledged- Investor Acknowledged. This finding is deemed non-material and will be rated an B. - Due Diligence Vendor-XX/XX/XXXX
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged- Investor Acknowledged. This finding is deemed non-material and will be rated an B. - Due Diligence Vendor-XX/XX/XXXX
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) - Due Diligence Vendor-XX/XX/XXXX
|
MD
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030522
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Fees:Limited
|
Texas - Maximum Fees Allowed (Starting Adjusted Rate and Bona Fide Decrease)
|
Resolved-Received Itemization of to show general lender credit was used to offset fees. Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The Texas Constitution prohibits fees from exceeding 2% of the principal balance on a non-purchase money loan. (Tex. Const. Art. 16
Sec. 50(a)(6)(E); 7 TX ADC Sec. 153.5) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Itemization of to show general lender credit was used to offset fees. Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030522
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Enterprise:FeeLimits
|
ER - Texas Constitution 2% Fee Limit (Starting Adjusted Rate and Bona Fide Decrease)
|
Resolved-Received Itemization of to show general lender credit was used to offset fees. Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached supporting documentation of final fees and our 2 percent calculation test passing including final
lender credit amount and allowable appraisal fee/invoice for review. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The Texas Constitution prohibits fees from exceeding 2% of the principal balance on a non-purchase money loan. (Tex. Const. Art. 16
Sec. 50(a)(6)(E); 7 TX ADC Sec. 153.5) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Itemization of to show general lender credit was used to offset fees. Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030528
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
RecordationTax:Limited
|
Kansas - Maximum Recordation Tax/Mortgage Tax
|
Resolved-Lender provided evidence a letter was sent to the borrower explaining the recording overage with copy of recorded mortgage with
showing they only paid $X,XXX.XX and was refunded $X,XXX.XX. condition resolved - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Resolved-Lender provided evidence a letter was sent to the borrower explaining the recording overage with copy of recorded mortgage with
showing they only paid $X,XXX.XX and was refunded $X,XXX.XX. condition resolved - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached. - Due Diligence Vendor-XX/XX/XXXX
Open-The Kansas Taxation Code limits the maximum fees for recording single family mortgages of $X,XXX.XX or less to $X,XXX.XX. (Kan. Stat.
Ann. 28-115(5)(j)) The final Closing Disclosure reflects a fee of $X,XXX.XX was charged to record the mortgage. Provide Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Lender provided evidence a letter was sent to the borrower explaining the recording overage with copy of recorded mortgage with
showing they only paid $X,XXX.XX and was refunded $X,XXX.XX. condition resolved - Due Diligence Vendor-XX/XX/XXXX
Resolved-Lender provided evidence a letter was sent to the borrower explaining the recording overage with copy of recorded mortgage with
showing they only paid $X,XXX.XX and was refunded $X,XXX.XX. condition resolved - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
KS
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030528
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
Right to Rescind
|
TILA: Incorrect NORTC model provided - H8 equal or after XX/XX/XXXX (material jurisdictions)
|
Cured-Received LOX, XXXXX info and new RTC. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Received corrected RTC. Reopened rescission expires EOD XX/XX/XXXX. Finding will be cured upon expiration of the reopened
rescission.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Hello. Please see attached - Due Diligence Vendor-XX/XX/XXXX
Counter- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Lender provided ROR with updated dates; however, it is still H8 form, we need H9 form since this is the same lender
refinance. Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached. - Due Diligence Vendor-XX/XX/XXXX
Open-TILA: Incorrect NORTC model provided - H8 equal or after XX/XX/XXXX (material jurisdictions) Provide Letter of Explanation, Disclose
Correct Information, Proof of Borrower Receipt, and Re-open Rescission. XXXXX Position - C exception grade for circuits in which there is an unfavorable ruling for the usage of an H-8 form in all scenarios. - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Received LOX, XXXXX info and new RTC. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
KS
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030528
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Property
|
Appraisal
|
Appraisal is Expired
|
Resolved-The lender provided the required documents. Appraisal update received. Condition resolved - Due Diligence Vendor-XX/XX/XXXX
Resolved-Primary Value Appraisal is Not Expired Or Primary Valuation Does Not Exist - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-recert of value - Due Diligence Vendor-XX/XX/XXXX
Open-Primary Value Appraisal is Expired The appraisal in file is dated more than 4 months prior to the subject loan note date. A
recertification of value for the appraisal is required. The loan file does not contain a recertification of value or an appraisal dated within 4 months of the note date. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Appraisal update received. Condition resolved - Due Diligence Vendor-XX/XX/XXXX
Resolved-Primary Value Appraisal is Not Expired Or Primary Valuation Does Not Exist - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
KS
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030530
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Borrower 1 Paystubs Missing
|
Resolved-The lender provided the required documents. Condition resolved - Due Diligence Vendor-XX/XX/XXXX
Resolved-Borrower 1 Paystubs Provided - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-paystub - Due Diligence Vendor-XX/XX/XXXX
Open-Borrower 1 Paystubs Missing File is missing either a current year-to-date paystub or a WVOI with year-to-date earnings for the
borrower. File only contains W2s for the borrower. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved - Due Diligence Vendor-XX/XX/XXXX
Resolved-Borrower 1 Paystubs Provided - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
OR
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030530
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements
|
Resolved-The lender provided the required documents. Condition resolved - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements File is missing either a current
year-to-date paystub or a WVOI with year-to-date earnings for the borrower. File only contains W2s for the borrower. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-XX/XX/XXXX
|
OR
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030536
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
2 - Non-Material
|
Compliance
|
Late:Grace
|
Maryland - Minimum Grace Period (Interest & Usury)
|
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX
|
MD
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030540
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Fees:Limited
|
Pennsylvania - Max Application Fee or Origination Fee (MLILCPA)
|
Resolved-Received Rate Stack. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached rate stack & lock details - Due Diligence Vendor-XX/XX/XXXX
Open-Under the Pennsylvania Mortgage Licensing Act, a lender may not charge an Application Fee or Loan Origination Fee exceeding 3% of the
loan amount. (7 Pa. Stat. 6125(b)) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Rate Stack. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
PA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030556
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Borrower 1 3rd Party VOE Prior to Close Missing
|
Resolved-The lender provided the required documents. Condition resolved - Due Diligence Vendor-XX/XX/XXXX
Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-verb voe paystub - Due Diligence Vendor-XX/XX/XXXX
Open-Borrower 1 3rd Party VOE Prior to Close Missing Borrower 1 3rd Party VOE Prior to Close is Missing. Borrower owns less than 25% of the
business and is not considered to be self-employed. Lender Guidelines required a VVOE or paystub dated within 10 business days of closing. File is missing a verification of employment meeting guideline requirements. - Due Diligence
Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved - Due Diligence Vendor-XX/XX/XXXX
Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
SC
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030559
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
2 - Non-Material
|
Compliance
|
Late:Grace
|
Maryland - Minimum Grace Period (Interest & Usury)
|
Acknowledged-This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) - Due Diligence Vendor-XX/XX/XXXX
|
MD
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030559
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements The final loan application section 1e
reflects Retirement income for the Borrower of $X,XXX.XX per month. The loan file is missing documentation to confirm the source and amount of this income. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-XX/XX/XXXX
|
MD
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030559
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Proof of Other Income - Pension, Retirement, Disability (Borrower)
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-pension docs - Due Diligence Vendor-XX/XX/XXXX
Open-There is no verification of the other income used to qualify. There should be an award letter/pension letter or current 1099 for
Borrower1's other retirement, pension, disability type of income in file. The final loan application section 1e reflects Retirement income for the Borrower of $X,XXX.XX per month. The loan file is missing documentation to confirm the source and
amount of this income. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
MD
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030566
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-Received evidence of debt. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-verif new debt - Due Diligence Vendor-XX/XX/XXXX
Open-Missing document to verify balance of $X,XXX.XX and Payment of $X,XXX.XX disclosed on final 1003. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received evidence of debt. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
AL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030566
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements Missing document to verify balance of $X,XXX.XX
and Payment of $X,XXX.XX disclosed on final 1003 - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
|
AL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030566
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
1 - Information
|
Property
|
Value
|
S&P value equals B, secondary product within tolerance
|
Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will
be rated as A. - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will
be rated as A. - Due Diligence Vendor-XX/XX/XXXX
|
AL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030569
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Income/Employment
|
Income 4 Months Income Verified is Missing
|
Resolved-Received 1099. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-pension XXXXX - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-soc sec XXXXX - Due Diligence Vendor-XX/XX/XXXX
Open-Income 4 Months Income Verified is Missing - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received 1099. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CO
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030569
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Income/Employment
|
Income 2 Months Income Verified is Missing
|
Resolved-Received 1099. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-pension XXXXX - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-soc sec XXXXX - Due Diligence Vendor-XX/XX/XXXX
Open-Income 2 Months Income Verified is Missing - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received 1099. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CO
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030569
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements
|
Resolved-Received 1099s. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements Missing evidence of retirement income for
both B1 & B2 - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received 1099s. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
CO
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030571
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Tolerance:Disclosure
|
Federal - Loan Estimate Mailed/Delivered At Least Seven Business Days Before Consummation
|
Resolved-Received evidence of receipt of revised LE. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please review - Due Diligence Vendor-XX/XX/XXXX
Counter-Received rebuttal indicating the LE was sent to the borrower on XX/XX/XXXX. This LE was not provided in the loan file or in the
rebuttal. The only LE in the loan file is dated XX/XX/XXXX. Please provide XX/XX/XXXX LE. Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please review - Due Diligence Vendor-XX/XX/XXXX
Counter-Received rebuttal to indicate the lender is open on Saturdays. Compliance was updated to include Saturdays however the initial LE
dated XX/XX/XXXX was still not issued 7 days before Consummation. The consummation date is on the seventh day. Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please review - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The Initial Loan Estimate was delivered or placed in the mail on (XX/XX/XXXX), which is not seven business days before the consummation
date of (XX/XX/XXXX). Seven business days before the consummation date is (XX/XX/XXXX). Under Regulation Z, a Loan Estimate must be delivered or placed in the mail not later than the seventh business day before consummation of the transaction.
(12 CFR 1026.19(e)(1)(iii)(B)) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received evidence of receipt of revised LE. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
AZ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030573
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly HOI, Taxes, Assessment payments meet requirements - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements Documentation in file reflects the borrower having an
additional homeowner's insurance policy covering wind and hail. The file documents the annual premium for this policy as $3,039 but does not document the amount of coverage on the policy. It appears there was an email attachment with a copy of
the policy sent by the insurance agent, but this policy is not in file. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly HOI, Taxes, Assessment payments meet requirements - Due Diligence Vendor-XX/XX/XXXX
|
NC
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030573
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-wind hail - Due Diligence Vendor-XX/XX/XXXX
Open-Documentation in file reflects the borrower having an additional homeowner's insurance policy covering wind and hail. The file
documents the annual premium for this policy as $3,039 but does not document the amount of coverage on the policy. It appears there was an email attachment with a copy of the policy sent by the insurance agent, but this policy is not in file.
- Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NC
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030570
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
1 - Information
|
Property
|
Value
|
S&P value equals B, secondary product within tolerance
|
Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will
be rated as A. - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will
be rated as A. - Due Diligence Vendor-XX/XX/XXXX
|
AR
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030586
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Property
|
Value
|
Missing Valuation Review Product - 1
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-2nd valuation - Due Diligence Vendor-XX/XX/XXXX
Open-A valid secondary valuation supporting the origination appraisal value is not present. The loan file contains a CU Report; however, the
CU Report was not run based on the Appraisal report present in the loan file. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
MI
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030582
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
Fees:Limited
|
Virginia - 5% Maximum Fees Allowed (Junior Liens, Closed End)
|
Cured-Received copy of refund check. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Attached - copy of refund check - Due Diligence Vendor-XX/XX/XXXX
Counter-Received Letter of Explanation, Corrected PCCD, and Proof of Delivery to Borrower. Please provide copy of check once available and
condition will be Cured and downgraded. Condition maintained.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Attached - check request package which includes LOE, check request, amended cd and XXXXX label - Due Diligence
Vendor-XX/XX/XXXX
Counter-The exception can be cured by refunding $X,XXX.XX. Provided Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of
Delivery to Borrower. The loan amount in this loan is $X,XXX.XX and 5% of the loan amount is $X,XXX.XX. The fees included total $X,XXX.XX which includes the fees in Section A + Prepaid Interest. Condition remains.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please advise if we can cure it by refunding the overage of points paid at closing? - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The Virginia Interest and Usury Provisions limit the loan fees that are charged to the borrower to 5% of the loan amount. (Va. Code
6.2-328) Provide Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to Borrower. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Received copy of refund check. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
VA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030585
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Property
|
Missing Doc
|
Missing Appraisal (Property)
|
Resolved-Appraisal or other primary valuation product was provided - Due Diligence Vendor-XX/XX/XXXX
Resolved-Client acknowledges this loan does not meet HP NQM requirements due to missing a full appraisal. QM status changed to HP QM.
Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-lox appr - Due Diligence Vendor-XX/XX/XXXX
Open-Loan file is missing full URAR appraisal with interior inspection. Loan is Non-QM and HPML. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Appraisal or other primary valuation product was provided - Due Diligence Vendor-XX/XX/XXXX
Resolved-Client acknowledges this loan does not meet HP NQM requirements due to missing a full appraisal. QM status changed to HP QM.
Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
VA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030581
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
1 - Information
|
Property
|
Value
|
S&P value equals B, secondary product within tolerance
|
Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will
be rated as A. - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will
be rated as A. - Due Diligence Vendor-XX/XX/XXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030581
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Property
|
Value
|
Missing Post Close Valuation - 1
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-2nd valuation - Due Diligence Vendor-XX/XX/XXXX
Open-A valid secondary valuation supporting the origination appraisal value is not present. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030580
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
Right to Rescind
|
TILA: Incorrect NORTC model provided - H8 equal or after XX/XX/XXXX (material jurisdictions)
|
Cured-Reopened rescission cancellation date has expired. Condition cured. The finding will be deemed non-material. - Due Diligence
Vendor-XX/XX/XXXX
Ready for Review-Please review to clear exception past date of XX/XX/XXXX. - Due Diligence Vendor-XX/XX/XXXX
Counter-Received letter of explanation and re-disclosed RTC with cancellation date of EOD XX/XX/XXXX. Please provide proof of receipt when
available. Condition will be cured upon receiving evidence of receipt and after expiration of reopened rescission. Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please review completed LOE, NORTC and XXXXX label/receipt. - Due Diligence Vendor-XX/XX/XXXX
Open-TILA: Incorrect NORTC model provided - H8 equal or after XX/XX/XXXX (material jurisdictions) XXXXX Position - C exception grade for
circuits in which there is an unfavorable ruling for the usage of an H-8/G-5 form in all scenarios. Provide Letter of Explanation, Disclose Correct Information, Proof of Borrower Receipt, and Re-open Rescission. - Due Diligence
Vendor-XX/XX/XXXX
|
Cured-Reopened rescission cancellation date has expired. Condition cured. The finding will be deemed non-material. - Due Diligence
Vendor-XX/XX/XXXX
|
XXXXX
|
AR
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030600
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
State Reg
|
TX 50(a)(6) Violation: Acknowledgement of Fair Market Value Disclosure Value Does Not Match Appraisal Value
|
Resolved-Lender provided explanation for Value, however, review the loan document, made changes of the value being used, condition resolved.
- Due Diligence Vendor-XX/XX/XXXX
Resolved-Acknowledgement of Fair Market Value Disclosure Value Matching Appraisal Value provided. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Hello. Please see attached - Due Diligence Vendor-XX/XX/XXXX
Open-TX 50(a)(6) Violation: Acknowledgement of Fair Market Value Disclosure Value Does Not Match Appraisal Value. - Due Diligence
Vendor-XX/XX/XXXX
|
Resolved-Lender provided explanation for Value, however, review the loan document, made changes of the value being used, condition resolved.
- Due Diligence Vendor-XX/XX/XXXX
Resolved-Acknowledgement of Fair Market Value Disclosure Value Matching Appraisal Value provided. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030600
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Enterprise:FeeLimits
|
ER - Texas Constitution 2% Fee Limit (Starting Adjusted Rate and Bona Fide Decrease)
|
Resolved-Received Rate Stack evidencing SAR and pricing to origination rate. Discount determined Bonafide. Condition Resolved.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Hello - Please see attached - Due Diligence Vendor-XX/XX/XXXX
Open-The Texas Constitution prohibits fees from exceeding 2% of the principal balance on a non-purchase money loan. (Tex. Const. Art. 16
Sec. 50(a)(6)(E); 7 TX ADC Sec. 153.5) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Rate Stack evidencing SAR and pricing to origination rate. Discount determined Bonafide. Condition Resolved.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030600
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Fees:Limited
|
Texas - Maximum Fees Allowed (Starting Adjusted Rate and Bona Fide Decrease)
|
Resolved-Received Rate Stack evidencing SAR and pricing to origination rate. Discount determined Bonafide. Condition Resolved.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Hello - Please see attached - Due Diligence Vendor-XX/XX/XXXX
Open-The Texas Constitution prohibits fees from exceeding 2% of the principal balance on a non-purchase money loan. (Tex. Const. Art. 16
Sec. 50(a)(6)(E); 7 TX ADC Sec. 153.5) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Rate Stack evidencing SAR and pricing to origination rate. Discount determined Bonafide. Condition Resolved.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030589
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
XXXXX
|
Enterprise: FeeLimits
|
Cured-Received PCCD with evidence of cure by way of Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to
Borrower. Condition cured. The finding will be deemed non-material. - Due Diligence Vendor-XX/XX/XXXX
Open-The "loan fee" ($X,XXX.XX) exceeds the Virginia Interest and Usury provisions 5% limit ($X,XXX.XX) on a junior lien loan. The "loan
fee" includes points, broker fees, origination fees, and similar fees, including prepaid interest and interest due on a prior loan. (VA Code Ann. 6.2-327; VA Code Ann. 6.2-328) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Received PCCD with evidence of cure by way of Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to
Borrower. Condition cured. The finding will be deemed non-material. - Due Diligence Vendor-XX/XX/XXXX
|
VA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030589
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
Fees:Limited
|
Virginia - 5% Maximum Fees Allowed (Junior Liens, Closed End)
|
Cured-The "loan fee" ($X,XXX.XX) exceeds the Virginia Interest and Usury provisions 5% limit ($X,XXX.XX) on a junior lien closed end loan.
The "loan fee" includes points, broker fees, origination fees, and similar fees, including prepaid interest and interest due on a prior loan. (VA Code Ann. 6.2-327; VA Code Ann. 6.2-328) . - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Cured-Received PCCD with evidence of cure by way of Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to
Borrower. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Hello. Please see attached - Due Diligence Vendor-XX/XX/XXXX
Counter-Received rebuttal. Per XXXXX: The term “loan fee” is not defined in the statute. Though the statute reads no charges “by any other
name may be collected,” the Virginia BFI provided guidance to XXXXX’s outside counsel that points, broker fees, origination fees, and the like are all treated as part of this “loan fee.” The BFI does not require the lender to list only one
"loan fee” since the lender may need to itemize the fees to the extent required by federal law. Based on this guidance, XXXXX/XXXXX also allows discount points, origination fee, broker fees, processing fee, and underwriting fee; and will
aggregate the total of the allowed borrower fees and provide a fail message if the total exceeds 5% of the loan amount in a junior lien loan. The exception can be cured by refunding $X,XXX.XX. Provided Letter of Explanation, Proof of Refund,
Corrected PCCD, and Proof of Delivery to Borrower. The loan amount in this loan is $X,XXX.XX and 5% of the loan amount is $X,XXX.XX. The fees included total $X,XXX.XX which includes the fees in Section A + Prepaid Interest. Condition remains.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Hello. Please see attached - Due Diligence Vendor-XX/XX/XXXX
Open-The Virginia Interest and Usury Provisions limit the loan fees that are charged to the borrower to 5% of the loan amount. (Va. Code
6.2-328) Provide Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to Borrower. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured-The "loan fee" ($X,XXX.XX) exceeds the Virginia Interest and Usury provisions 5% limit ($X,XXX.XX) on a junior lien closed end loan.
The "loan fee" includes points, broker fees, origination fees, and similar fees, including prepaid interest and interest due on a prior loan. (VA Code Ann. 6.2-327; VA Code Ann. 6.2-328) . - Due Diligence Vendor-XX/XX/XXXX
Cured-Received PCCD with evidence of cure by way of Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to
Borrower. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
VA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030605
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Condo Master Insurance Policy
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Condo Master Insurance Policy is fully present - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-master haz - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-HO6 - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Condo Master Insurance Policy - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Condo Master Insurance Policy is fully present - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
MA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030609
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-Received evidence of debt. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements Missing terms of new debt - Due Diligence
Vendor-XX/XX/XXXX
|
Resolved-Received evidence of debt. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
AZ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030609
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-Received evidence of debt. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-XXXXX - Due Diligence Vendor-XX/XX/XXXX
Open-Document is missing for the Liability of XXXXX please provide document - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received evidence of debt. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
AZ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030606
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements
|
Resolved-Received complete HOI policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements Missing Insurance Premium amount on provided Hazard
Insurance Policy - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received complete HOI policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
NJ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030606
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Hazard Insurance Policy is Partial
|
Resolved-Received complete HOI policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-HOi premium right hand side - Due Diligence Vendor-XX/XX/XXXX
Open-Hazard Insurance Policy Partially Provided Missing Insurance Premium amount on provided Hazard Insurance Policy - Due Diligence
Vendor-XX/XX/XXXX
|
Resolved-Received complete HOI policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NJ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030612
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Disclosure
|
HPML Non-Compliant: Appraisal Missing or Incomplete
|
Resolved-Client acknowledges this loan does not meet HP NQM requirements due to missing a full appraisal. QM status changed to HP QM.
Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-HP QM. 2nd lien. Loan Amount $X,XXX.XX. APOR XX.XX% + 6.5 pts = XX.XX% APR threshold. APR on Final CD XX.XX% within
threshold. QM rebuttable presumption. AVM used. - Due Diligence Vendor-XX/XX/XXXX
Open-Missing full URAR appraisal with interior inspection due to Non-QM HPML loan. - Due Diligence Vendor-XX/XX/XXXX
Open-HPML Non-Compliant: Appraisal Missing or Incomplete - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Client acknowledges this loan does not meet HP NQM requirements due to missing a full appraisal. QM status changed to HP QM.
Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
|
PA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030616
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Insurance
|
Hazard Insurance Shortfall
|
Resolved-Received master policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Master haz - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-HO^ current - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-HO^ renew - Due Diligence Vendor-XX/XX/XXXX
Open-Hazard Insurance Coverage Amount of $X,XXX.XX is less than Total Amount of Subject Lien(s) of $X,XXX.XX - Due Diligence
Vendor-XX/XX/XXXX
|
Resolved-Received master policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NC
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030625
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
Resolved-Received evidence of debt. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements Missing documentation supporting $X,XXX.XX
monthly payment and $X,XXX.XX balance for Liability-3 (XXXXX) as reflected on final URLA. Per URLA, $X,XXX.XX/monthly payment was included in DTI calculation. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
Resolved-Received evidence of debt. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030625
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-Received evidence of debt. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-XXXXX - Due Diligence Vendor-XX/XX/XXXX
Open-Missing documentation supporting $X,XXX.XX monthly payment and $X,XXX.XX balance for Liability-3 (XXXXX) as reflected on final URLA.
Per URLA, $X,XXX.XX/monthly payment was included in DTI calculation. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received evidence of debt. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030624
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Borrower Identification - Borrower 1
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Borrower Identification - Borrower 1 provided. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached completed Patriot Act form & IDs - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Borrower Identification - Borrower 1. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Borrower Identification - Borrower 1 provided. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CO
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030621
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
XXXXX
|
Fees: Prohibited
|
Resolved-Received Rate Stack. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached. - Due Diligence Vendor-XX/XX/XXXX
Counter-The borrower paid ($X,XXX.XX) in loan origination fee. The loan file does not contain documentation related to the Starting Adjusted
Rate. Please provide the Rate Stack or disclosure of the SAR (closest to PAR) and the difference to the selected closing rate. Condition remains.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please provide fees you are stating is prohibited - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The Vermont Interest Statute does not allow the following fees to be paid by the Borrower on a junior lien loan: Origination Fee, Rate
Buy Down Fee, Commitment (Rate Lock) Fee, Escrow Waiver Fee, 203(k) Supplemental Origination Fee, and 203(k) Discount on Repairs. (Vt. Stat. Ann. Tit. 9, Sec. 42) Invalid findings. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Rate Stack. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
VT
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030632
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
Enterprise:FeeLimits
|
ER - Alabama Maximum Lender Fees
|
Cured- - Due Diligence Vendor-XX/XX/XXXX
Cured-Received copy of refund check and proof of delivery. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see attached check request pkg with copy of check and proof of delivery - Due Diligence Vendor-XX/XX/XXXX
Counter-Received Letter of Explanation, Corrected PCCD, and Proof of Delivery to Borrower. Please provide copy of check once available and
condition will be Cured and downgraded. Condition maintained.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see attached check request pkg - Due Diligence Vendor-XX/XX/XXXX
Open-The Alabama Mini-Code limits the total of all fees paid to the Lender and Broker to 5% of the loan amount. (Ala. Code 5-19-4(g); XXXXX
Corporation v. XXXXX, 923 So. 2d 282 (XXXX); Alabama State Bureau of Loans FAQ) Provide Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to Borrower. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Received copy of refund check and proof of delivery. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
AL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030632
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
Fees:Limited
|
Alabama - Maximum Lender Points
|
Cured- - Due Diligence Vendor-XX/XX/XXXX
Cured-Received copy of refund check and proof of delivery. Condition cured. The finding will be deemed non-material. - Due Diligence
Vendor-XX/XX/XXXX
Counter-Received Letter of Explanation, Corrected PCCD, and Proof of Delivery to Borrower. Please provide copy of check once available and
condition will be Cured and downgraded. Condition maintained.
- Due Diligence Vendor-XX/XX/XXXX
Open-The total of all fees paid to the Lender and Broker ($X,XXX.XX) exceeds the Alabama Mini-Code limit of 5% of the loan amount
($X,XXX.XX). (Ala. Code 5-19-4(g); XXXXX Corporation v. XXXXX, 923 So. 2d 282 (XXXX); Alabama State Bureau of Loans FAQ) Provide Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to Borrower. - Due Diligence
Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Received copy of refund check and proof of delivery. Condition cured. The finding will be deemed non-material. - Due Diligence
Vendor-XX/XX/XXXX
|
AL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030640
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Property
|
Value
|
Missing Post Close Valuation - 1
|
Resolved-A valid secondary valuation supporting the origination appraisal value was provided. condition resolved - Due Diligence
Vendor-XX/XX/XXXX
Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-2nd valuation - Due Diligence Vendor-XX/XX/XXXX
Open-A valid secondary valuation supporting the origination appraisal value is not present. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-A valid secondary valuation supporting the origination appraisal value was provided. condition resolved - Due Diligence
Vendor-XX/XX/XXXX
Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030646
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Eligibility
|
Housing History Does Not Meet Guideline Requirements
|
Resolved-Primary MTG not in the name of borrower. Payment included in DTI. Condition Resolved. - Due Diligence Vendor-XX/XX/XXXX
Counter-Housing history provided is not in the name of the borrower. Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-VOM - Due Diligence Vendor-XX/XX/XXXX
Open-Housing History Does Not Meet Guideline Requirements Missing verification of housing history as required by guidelines. - Due Diligence
Vendor-XX/XX/XXXX
|
Resolved-Primary MTG not in the name of borrower. Payment included in DTI. Condition Resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
MO
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030646
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Credit History taken into consideration does not meet requirements
|
Resolved-ATR Risk - Credit History taken into consideration meets requirements - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Credit History taken into consideration does not meet requirements Missing verification of housing history as required by
guidelines. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-ATR Risk - Credit History taken into consideration meets requirements - Due Diligence Vendor-XX/XX/XXXX
|
MO
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030649
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
XXXXX
|
NJ Fee Not Allowed- Commitment Rate Lock Fee (Fee ID: 83)
|
Cured-Received copy of refund check. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see attached copy of check - Due Diligence Vendor-XX/XX/XXXX
Counter-Received Letter of Explanation, Corrected PCCD, and Proof of Delivery to Borrower. Please provide copy of check once available and
condition will be Cured and downgraded. Condition maintained.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see attached - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The New Jersey Residential Mortgage Lending Act (N.J. Rev. Stat. 17:11C-80; N.J. ADC 3:15-9.2) does not allow Commitment (Rate Lock)
Fee (Fee ID: 83) to be charged to the Borrower in NJ. The final Closing Disclosure section A reflects a Lock Fee for $X,XXX.XX. Provide Letter of Explanation, Proof of Refund of the $X,XXX.XX Corrected PCCD, and Proof of Delivery to Borrower. -
Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Received copy of refund check. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NJ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030654
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements
|
Resolved-ATR Risk - Monthly HOI, Taxes, Assessment payments meet requirements - Due Diligence Vendor-XX/XX/XXXX
Resolved-Taxes and Insurance included with first lien payment. Condition Resolved. - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements MISSING VERIFICATION OF TAXES, INSURANCE, AND/OR HOA FEES
FOR SUBJECT PROPERTY - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-ATR Risk - Monthly HOI, Taxes, Assessment payments meet requirements - Due Diligence Vendor-XX/XX/XXXX
Resolved-Taxes and Insurance included with first lien payment. Condition Resolved. - Due Diligence Vendor-XX/XX/XXXX
|
FL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030654
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing verification of taxes, insurance, and/or HOA fees for non-subject property
|
Resolved-TI included. Condition Resolved. - Due Diligence Vendor-XX/XX/XXXX
Open-First lien mortgage statement is provided, however, does not reflect if taxes and insurance are included. - Due Diligence
Vendor-XX/XX/XXXX
|
Resolved-TI included. Condition Resolved. - Due Diligence Vendor-XX/XX/XXXX
|
FL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030653
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Borrower Identification - Borrower 1
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Borrower Identification - Borrower 1 provided. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Attached - Borrowers Photo ID - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Borrower Identification - Borrower 1. Loan documents were executed by a Power of Attorney (Borrower works outside of the United
States). Loan file is missing either a completed Patriot Act Form for the Power of Attorney or a copy of an acceptable ID for the Power of Attorney. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Borrower Identification - Borrower 1 provided. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NC
|
Second Home
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030655
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements
|
Resolved-Received copies of Notes and 12 months of statements evidencing payments received. Condition cleared. - Due Diligence
Vendor-XX/XX/XXXX
Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements Missing income verification for $X,XXX.XX
in Note Receivable income. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received copies of Notes and 12 months of statements evidencing payments received. Condition cleared. - Due Diligence
Vendor-XX/XX/XXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030655
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing income documentation
|
Resolved-Received copies of Notes and 12 months of statements evidencing payments received. Condition cleared. - Due Diligence
Vendor-XX/XX/XXXX
Ready for Review-notes receivable - Due Diligence Vendor-XX/XX/XXXX
Open-Income Document is Missing- Note Reseivable - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received copies of Notes and 12 months of statements evidencing payments received. Condition cleared. - Due Diligence
Vendor-XX/XX/XXXX
|
XXXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030657
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-Lender provided the credit supplemental showing XXXXX paid off, XXXXX statement showing '0' balance; XXXXX Statement for payoff.
condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-PAID DEBTS - Due Diligence Vendor-XX/XX/XXXX
Open-Required documents missing for Credit Liabilities
1. Missing proof for omission of liabilities for XXXXX and XXXXX for DTI calculation
2. Required document is missing for XXXXX liabilities payoff proof is missing - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Lender provided the credit supplemental showing XXXXX paid off, XXXXX statement showing '0' balance; XXXXX Statement for payoff.
condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030657
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-Lender provided the credit supplemental showing XXXXX paid off, XXXXX statement showing '0' balance; XXXXX Statement for payoff.
condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-UPLOADED TO CREDIT COND - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements Required documents missing for Credit Liabilities
1. Missing proof for omission of liabilities for XXXXX and XXXXX for DTI calculation
2. Required document is missing for XXXXX liabilities payoff proof is missing - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Lender provided the credit supplemental showing XXXXX paid off, XXXXX statement showing '0' balance; XXXXX Statement for payoff.
condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030657
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Fees:Limited
|
Texas - Maximum Fees Allowed (Starting Adjusted Rate and Bona Fide Decrease)
|
Resolved-Received Itemization of to show general lender credit was used to offset fees. Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see attached - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The Texas Constitution prohibits fees from exceeding 2% of the principal balance on a non-purchase money loan. (Tex. Const. Art. 16
Sec. 50(a)(6)(E); 7 TX ADC Sec. 153.5) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Itemization of to show general lender credit was used to offset fees. Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030657
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Enterprise:FeeLimits
|
ER - Texas Constitution 2% Fee Limit (Starting Adjusted Rate and Bona Fide Decrease)
|
Resolved-Received Itemization of to show general lender credit was used to offset fees. Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see attached rebuttal - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The Texas Constitution prohibits fees from exceeding 2% of the principal balance on a non-purchase money loan. (Tex. Const. Art. 16
Sec. 50(a)(6)(E); 7 TX ADC Sec. 153.5) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Itemization of to show general lender credit was used to offset fees. Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030657
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
1 - Information
|
Property
|
Value
|
S&P value equals B, secondary product within tolerance
|
Acknowledged-Investor Acknowledged. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence
Vendor-XX/XX/XXXX
Open-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be
rated as A. - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-Investor Acknowledged. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence
Vendor-XX/XX/XXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030674
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Condo Questionnaire
|
Resolved-Received Condo Questionnaire. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-condo quest - Due Diligence Vendor-XX/XX/XXXX
Open- The Condo Questionnaire is missing from the loan file. Additional conditions may apply.
The Condo Questionnaire is missing from the loan file. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Condo Questionnaire. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
MA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030674
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Condo Master Insurance Policy
|
Resolved-Received Master Condo Policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-mast haz - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-HO6 - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Condo Master Insurance Policy. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Master Condo Policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
MA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030676
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Late:Amount
|
Michigan - Maximum Late Fee (SMLA)
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see supporting documentation and advise as to what is needed to clear exception. - Due Diligence Vendor-XX/XX/XXXX
Open-Under the Michigan Secondary Mortgage Loan Act, a late charge may not exceed $X,XXX.XX or 5% of each payment, whichever is greater.
(Mich. Comp. Laws Ann. 493.72(1)(d); 445.1856(1)(c)) MICHIGAN - MAXIMUM LATE FEE (SMLA) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
MI
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030679
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Closing
|
Borrower 1 Photo ID is expired
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Borrower photo ID expiration date is XX/XX/XXXX and note is dated XX/XX/XXXX. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached. - Due Diligence Vendor-XX/XX/XXXX
Open-Borrower photo ID expiration date is XX/XX/XXXX and note is dated XX/XX/XXXX. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Borrower photo ID expiration date is XX/XX/XXXX and note is dated XX/XX/XXXX. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030682
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements Lender provided CD for the 1st lien, which
shows the payoff of debts. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements The credit report reflects liabilities with
balances and payments for XXXXX (liability #2 on the credit report), XXXXX (#3 on the credit report), and XXXXX (#4 on the credit report). These liabilities were not reflected on the loan application and were not included in the debt ratio.
Desktop Underwriter condition #12 required evidence to omit the payments on these debts. Loan file is missing documentation to omit these payments from the debt ratio. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements Lender provided CD for the 1st lien, which
shows the payoff of debts. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
UT
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030682
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-Lender provided CD for the 1st lien, which shows the payoff of debts. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-verif omitt debt - Due Diligence Vendor-XX/XX/XXXX
Open-The credit report reflects liabilities with balances and payments for XXXXX (liability #2 on the credit report), XXXXX (#3 on the
credit report), and XXXXX (#4 on the credit report). These liabilities were not reflected on the loan application and were not included in the debt ratio. Desktop Underwriter condition #12 required evidence to omit the payments on these
debts. Loan file is missing documentation to omit these payments from the debt ratio. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Lender provided CD for the 1st lien, which shows the payoff of debts. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
UT
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030692
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Borrower 1 3rd Party VOE Prior to Close Missing
|
Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided on form of paystub within 15 days of closing, which is acceptable per AUS.
condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-paystub within 15 days - Due Diligence Vendor-XX/XX/XXXX
Open-Borrower 1 3rd Party VOE Prior to Close Missing - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided on form of paystub within 15 days of closing, which is acceptable per AUS.
condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
Borrower 1 3rd Party VOE Prior to Close Missing
|
WY
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030692
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Senior Mortgage Statement
|
Resolved-Lender provided 1st lien mortgage statement. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-mtg stmt - Due Diligence Vendor-XX/XX/XXXX
Open-The Senior Mortgage Statement is missing from the file. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Lender provided 1st lien mortgage statement. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
WY
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030705
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Condo Master Insurance Policy
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Condo Master Insurance Policy is fully present - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-LOX master cert - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-HO3 - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Condo Master Insurance Policy - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Condo Master Insurance Policy is fully present - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NC
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030706
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Property
|
Value
|
Missing Post Close Valuation - 1
|
Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-2ND VALUATION - Due Diligence Vendor-XX/XX/XXXX
Open-A valid secondary valuation supporting the origination appraisal value is not present. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
PA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030706
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
1 - Information
|
Property
|
Value
|
S&P value equals B, secondary product within tolerance
|
Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will
be rated as A. - Due Diligence Vendor-XX/XX/XXXX
Acknowledged- - Due Diligence Vendor-XX/XX/XXXX
Open-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be
rated as A. - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will
be rated as A. - Due Diligence Vendor-XX/XX/XXXX
|
PA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030707
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-Lender provided Mortgage/Line of Credit Termination Affidavit to shows account is closed entirety and lien be released with full
payoff of the loan. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements An existing 2nd lien HELOC on the subject
property was paid off at closing. The payoff statement for this lien required a signed letter requesting the HELOC account to be paid off and closed. The loan file is missing the HELOC Closure Letter. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Lender provided Mortgage/Line of Credit Termination Affidavit to shows account is closed entirety and lien be released with full
payoff of the loan. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
|
OH
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030707
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
HELOC Closure Letter Not Provided
|
Resolved-Lender provided Mortgage/Line of Credit Termination Affidavit to shows account is closed entirety and lien be released with full
payoff of the loan. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-heloc close letter - Due Diligence Vendor-XX/XX/XXXX
Open-The Borrower Authorization to Close Out Home Equity Line of Credit (HELOC) was not provided. An existing 2nd lien HELOC on the subject
property was paid off at closing. The payoff statement for this lien required a signed letter requesting the HELOC account to be paid off and closed. The loan file is missing the HELOC Closure Letter. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Lender provided Mortgage/Line of Credit Termination Affidavit to shows account is closed entirety and lien be released with full
payoff of the loan. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
OH
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030709
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
2 - Non-Material
|
Compliance
|
Late:Grace
|
Maryland - Minimum Grace Period (Interest & Usury)
|
Acknowledged-Investor Acknowledged. This finding is deemed non-material and will be rated an B.
- Due Diligence Vendor-XX/XX/XXXX
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-Investor Acknowledged. This finding is deemed non-material and will be rated an B.
- Due Diligence Vendor-XX/XX/XXXX
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) - Due Diligence Vendor-XX/XX/XXXX
|
MD
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030708
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Property
|
Property
|
Property in Disaster Area – Property located in a FEMA declared disaster area. Inspection post incident date was not provided
|
Resolved-Post incident inspection provided. No Damage Noted. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-fema pdi - Due Diligence Vendor-XX/XX/XXXX
Counter-FEMA incident date XX/XX/XXXX-XX/XX/XXXX - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please provide disaster date - Due Diligence Vendor-XX/XX/XXXX
Open-Subject property is in recent disaster area and there is no post incident inspection - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Post incident inspection provided. No Damage Noted. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
WA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030729
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements
|
Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-XX/XX/XXXX
Resolved-Lender provided retirement and COLA SS award letters. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements Lender provided retirement and COLA SS
award letters. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-XX/XX/XXXX
Resolved-Lender provided retirement and COLA SS award letters. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements Lender provided retirement and COLA
SS award letters. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
PA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030729
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Documentation 1
|
Resolved-Lender provided retirement and COLA SS award letters. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-pension - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-soc sec awards - Due Diligence Vendor-XX/XX/XXXX
Open-Missing retirement income documentation. Additional conditions may apply. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Lender provided retirement and COLA SS award letters. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
PA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030723
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Credit History taken into consideration does not meet requirements
|
Resolved-Lender provided 1st lien mortgage statement with payment history for 3 yrs showing no lates. condition resolved. - Due Diligence
Vendor-XX/XX/XXXX
Resolved-ATR Risk - Credit History taken into consideration meets requirements - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Credit History taken into consideration does not meet requirements Lender guidelines require verification of mortgage
payment history to show no late payments in the past 6 months (0x30x6) and no more than 1 times 30 days past due in the last 24 months (1x30x24). The final loan application reflects a first lien mortgage on the subject property with XXXXX.
This loan is not reflected on the credit report. A mortgage statement for the loan shows it is in the Borrower's name. Loan file is missing documentation of the mortgage payment history for this loan meeting guideline requirements. - Due
Diligence Vendor-XX/XX/XXXX
|
Resolved-Lender provided 1st lien mortgage statement with payment history for 3 yrs showing no lates. condition resolved. - Due Diligence
Vendor-XX/XX/XXXX
Resolved-ATR Risk - Credit History taken into consideration meets requirements - Due Diligence Vendor-XX/XX/XXXX
|
GA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030723
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Eligibility
|
Housing History Does Not Meet Guideline Requirements
|
Resolved-Lender provided 1st lien mortgage statement with payment history for 3 yrs showing no lates. condition resolved. - Due Diligence
Vendor-XX/XX/XXXX
Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-vom XXXXX - Due Diligence Vendor-XX/XX/XXXX
Open-Housing History Does Not Meet Guideline Requirements Lender guidelines require verification of mortgage payment history to show no late
payments in the past 6 months (0x30x6) and no more than 1 times 30 days past due in the last 24 months (1x30x24). The final loan application reflects a first lien mortgage on the subject property with XXXXX. This loan is not reflected on the
credit report. A mortgage statement for the loan shows it is in the Borrower's name. Loan file is missing documentation of the mortgage payment history for this loan meeting guideline requirements. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Lender provided 1st lien mortgage statement with payment history for 3 yrs showing no lates. condition resolved. - Due Diligence
Vendor-XX/XX/XXXX
Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
GA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030724
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
Rescission:Variance
|
Federal - Right of Rescission Variance Failure (TILA)
|
Cured-Reopened rescission cancellation date has expired. Condition cured. The finding will be deemed non-material. - Due Diligence
Vendor-XX/XX/XXXX
Ready for Review-Received corrected RTC and proof of delivery. Reopened rescission expires EOD XX/XX/XXXX. Finding will be cured upon
expiration of the reopened rescission. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Hello. Please see attached - Due Diligence Vendor-XX/XX/XXXX
Open-The disclosed "Right to Cancel Expire Date" (XX/XX/XXXX) is earlier than the system calculated "Right to Cancel Expire Date"
(XX/XX/XXXX). Under Regulation Z, funds may not be disbursed to the borrower until the expiration of the rescission period. (12 CFR 1026.23(c) and Official Staff Commentary) The disclosed "Right to Cancel Expire Date" (XX/XX/XXXX) is earlier
than the system calculated "Right to Cancel Expire Date" (XX/XX/XXXX). Under Regulation Z, funds may not be disbursed to the borrower until the expiration of the rescission period. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Reopened rescission cancellation date has expired. Condition cured. The finding will be deemed non-material. - Due Diligence
Vendor-XX/XX/XXXX
|
XXXXX
|
FL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030724
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
Rescission:Disbursement
|
Federal - Right of Rescission (Loan Disbursement Violation) (TILA)
|
Cured-Reopened rescission cancellation date has expired. Condition cured. The finding will be deemed non-material. - Due Diligence
Vendor-XX/XX/XXXX
Ready for Review-Received corrected RTC and proof of delivery. Reopened rescission expires EOD XX/XX/XXXX. Finding will be cured upon
expiration of the reopened rescission. - Due Diligence Vendor-XX/XX/XXXX
Open-The loan disbursement date (XX/XX/XXXX) is earlier than, or the same day as, the calculated "Right to Cancel Expire Date" (XX/XX/XXXX).
Under Regulation Z, funds may not be disbursed to the borrower until after the expiration of the rescission period. (Reg Z, 12 CFR 1026.23(c) and Official Staff Commentary) The loan disbursement date (XX/XX/XXXX) is earlier than, or the same
day as, the calculated "Right to Cancel Expire Date" (XX/XX/XXXX). Under Regulation Z, funds may not be disbursed to the borrower until after the expiration of the rescission period. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Reopened rescission cancellation date has expired. Condition cured. The finding will be deemed non-material. - Due Diligence
Vendor-XX/XX/XXXX
|
FL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030731
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
2 - Non-Material
|
Compliance
|
Late:Grace
|
Maryland - Minimum Grace Period (Interest & Usury)
|
Acknowledged-Acknowledged by Investor. This finding is non-material and will be rated a B for all agencies. - Due Diligence
Vendor-XX/XX/XXXX
Acknowledged-Acknowledged by Investor. This finding is non-material and will be rated a B for all agencies. - Due Diligence
Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the delinquency
has continued for at least 15 days. (MD COML 12-105(c)(3)) . - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-Acknowledged by Investor. This finding is non-material and will be rated a B for all agencies. - Due Diligence
Vendor-XX/XX/XXXX
Acknowledged-Acknowledged by Investor. This finding is non-material and will be rated a B for all agencies. - Due Diligence
Vendor-XX/XX/XXXX
|
MD
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030735
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Credit History taken into consideration does not meet requirements
|
Resolved-Received transaction history. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Counter-Only 12 of the 24 requested months received. Guidelines require mortgage payment history 1x30x24. Please provide full 24 months. -
Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Credit History taken into consideration does not meet requirements - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received transaction history. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
IN
|
Primary Residence
|
Refinance
|
Cash Out - Debt Consolidation
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030735
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Eligibility
|
Housing History Does Not Meet Guideline Requirements
|
Resolved-Received transaction history. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Counter-Complete 24-month history not provided. Condition remains - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-VOM XX TO XX - Due Diligence Vendor-XX/XX/XXXX
Counter-Only 12 of the 24 requested months received. Guidelines require mortgage payment history 1x30x24. Please provide full 24 months.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-vom - Due Diligence Vendor-XX/XX/XXXX
Open-Housing History Does Not Meet Guideline Requirements The file is missing the past 24-month mortgage history. - Due Diligence
Vendor-XX/XX/XXXX
|
Resolved-Received transaction history. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
IN
|
Primary Residence
|
Refinance
|
Cash Out - Debt Consolidation
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030733
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Closing
|
Borrower 2 Photo ID is expired
|
Resolved-Borrower 2 AZ photo ID does not have an expiration date. Condition Resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Hello. Please see attached. Borrower 2 State ID does not have an expiration date listed - Due Diligence Vendor-XX/XX/XXXX
Open-Borrower 2 photo ID expiration date is XX/XX/XXXX and note is dated XX/XX/XXXX. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Borrower 2 AZ photo ID does not have an expiration date. Condition Resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
AZ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030743
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Property
|
Property
|
Property in Disaster Area – Property located in a FEMA declared disaster area. Inspection post incident date was not provided
|
Resolved-Received PDI evidencing no damage. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-FEMA PDI - Due Diligence Vendor-XX/XX/XXXX
Open-Subject property is in recent disaster area and there is no post incident inspection - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received PDI evidencing no damage. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
TN
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030744
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-Solar agreement received. Resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Solar agreement received. Resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-SOLAR AGREE - Due Diligence Vendor-XX/XX/XXXX
Open-Provide an Evidence to the Liability "XXXXX A/C# XXXX" - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Solar agreement received. Resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
LA
|
Primary Residence
|
Refinance
|
Cash Out - Debt Consolidation
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030744
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-Solar agreement received. Resolved. - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements missing liability - Due Diligence
Vendor-XX/XX/XXXX
|
Resolved-Solar agreement received. Resolved. - Due Diligence Vendor-XX/XX/XXXX
|
LA
|
Primary Residence
|
Refinance
|
Cash Out - Debt Consolidation
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030748
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Property
|
Value
|
Missing Post Close Valuation - 1
|
Resolved-A valid secondary valuation supporting the origination appraisal value provided. Condition resolved. - Due Diligence
Vendor-XX/XX/XXXX
Ready for Review-2nd valuation - Due Diligence Vendor-XX/XX/XXXX
Open-A valid secondary valuation supporting the origination appraisal value is not present. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-A valid secondary valuation supporting the origination appraisal value provided. Condition resolved. - Due Diligence
Vendor-XX/XX/XXXX
|
XXXXX
|
CO
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030765
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements
|
Resolved-ATR Risk - Monthly HOI, Taxes, Assessment payments meet requirements - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements Lender provided copy of HOA statement for subject
property, which supports the monthly payment being used for qualifying. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-ATR Risk - Monthly HOI, Taxes, Assessment payments meet requirements - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements Lender provided copy of HOA statement for subject
property, which supports the monthly payment being used for qualifying. - Due Diligence Vendor-XX/XX/XXXX
|
FL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030765
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-Lender provided copy of HOA statement for subject property, which supports the monthly payment being used for qualifying. - Due
Diligence Vendor-XX/XX/XXXX
Ready for Review-HOA dues - Due Diligence Vendor-XX/XX/XXXX
Open-Subject Property have HOA dues, But supporting documents missing in file. Additional condition may apply.
- Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Lender provided copy of HOA statement for subject property, which supports the monthly payment being used for qualifying. - Due
Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
FL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030764
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Eligibility
|
Housing History Does Not Meet Guideline Requirements
|
Resolved-Lender provided payment history for subject property 2 years with no lates. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-vom - Due Diligence Vendor-XX/XX/XXXX
Open-Housing History Does Not Meet Guideline Requirements Required document to verify housing History for subject property.
- Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Lender provided payment history for subject property 2 years with no lates. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NJ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030764
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Credit History taken into consideration does not meet requirements
|
Resolved-ATR Risk - Credit History taken into consideration does not meet requirements Lender provided payment history for subject property
2 years with no lates - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Credit History taken into consideration does not meet requirements Required document to verify housing History for subject
property.
- Due Diligence Vendor-XX/XX/XXXX
|
Resolved-ATR Risk - Credit History taken into consideration does not meet requirements Lender provided payment history for subject property
2 years with no lates - Due Diligence Vendor-XX/XX/XXXX
|
NJ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030758
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Fees:Limited
|
Pennsylvania - Max Application Fee or Origination Fee (MLILCPA)
|
Resolved-Received Rate Stack. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-Under the Pennsylvania Mortgage Licensing Act, a lender may not charge an Application Fee or Loan Origination Fee exceeding 3% of the
loan amount. (7 Pa. Stat. 6125(b)) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Rate Stack. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
PA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030768
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
2 - Non-Material
|
Compliance
|
Late:Grace
|
Maryland - Minimum Grace Period (Interest & Usury)
|
Acknowledged-Investor Acknowledged. This finding is deemed non-material and will be rated an B. - Due Diligence Vendor-XX/XX/XXXX
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-Investor Acknowledged. This finding is deemed non-material and will be rated an B. - Due Diligence Vendor-XX/XX/XXXX
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) - Due Diligence Vendor-XX/XX/XXXX
|
MD
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030776
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Condo Master Insurance Policy
|
Resolved-Condo Master Insurance Policy is fully present - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-master haz - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-HO6 - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Condo Master Insurance Policy - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Condo Master Insurance Policy is fully present - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
WI
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030784
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-XXXXX loan - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-XXXXX - Due Diligence Vendor-XX/XX/XXXX
Open-Final application reflects two liabilities (XXXXX & XXXXX). However, evidence of document is missing in the loan File. - Due
Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NJ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030784
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements Final application reflects two liabilities (XXXXX
& XXXXX). However, evidence of document is missing in the loan File. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
|
NJ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030786
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Fees:Limited
|
Pennsylvania - Max Application Fee or Origination Fee (MLILCPA)
|
Resolved-Received Rate Stack evidencing SAR and pricing to origination rate. Discount determined Bonafide. Condition Resolved.
- Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Hello. Please see attached - Due Diligence Vendor-XX/XX/XXXX
Counter-The borrower paid 3.305% in loan points per the CD. PA permits 3% maximum. The loan file does not contain documentation related to
the Starting Adjusted Rate. Please provide the Rate Stack or disclosure of the SAR (closest to PAR) and the difference to the selected closing rate OR provide a cure for the 0.6% over the state limit. Condition remains.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached - Due Diligence Vendor-XX/XX/XXXX
Open-Under the Pennsylvania Mortgage Licensing Act, a lender may not charge an Application Fee or Loan Origination Fee exceeding 3% of the
loan amount. (7 Pa. Stat. 6125(b)) The Borrower paid $X,XXX.XX in loan discount points. The loan file does not contain documentation relating to the starting adjusted rate. Please provide the Rate Stack or disclosure of the SAR (closest to PAR)
and the difference to the selected closing rate. The State’s interest Statue only allows borrower-paid discount points which result in bona fide reduction of the interest rate or time-price differential applicable to junior lien loan. - Due
Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Rate Stack evidencing SAR and pricing to origination rate. Discount determined Bonafide. Condition Resolved.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
PA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030797
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Tolerance:Disclosure
|
Federal - Closing Disclosure and Consummation Date
|
Resolved-Received Compliance Check tracker with evidence of receipt. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please review - Due Diligence Vendor-XX/XX/XXXX
Open-The Initial Closing Disclosure was provided on (XX/XX/XXXX) via (XXXXX). Under Regulation Z, a consumer must receive the Initial
Closing Disclosure reflecting the actual terms of the transaction not later than three business days prior to the consummation date of (XX/XX/XXXX). Since the Initial Closing Disclosure was not provided in person, a consumer is considered to
have received it on (XX/XX/XXXX), which is three business days after it was delivered or placed in the mail. Since the Initial Closing Disclosure was not provided to the consumer in person, it should have been provided to the consumer no later
than (XX/XX/XXXX), for consummation to occur on (XX/XX/XXXX). (12 CFR 1026.19(f)(1)(ii)(A)); 1026.19(f)(1)(iii)) Initial CD reflects Date Issued of XX/XX/XXXX with no acknowledgment of receipt on the part of the borrower. Mailbox Rule/Presumed
Receipt applied and borrower not in receipt of Initial CD 3 business days prior to consummation of XX/XX/XXXX. No Cure. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Compliance Check tracker with evidence of receipt. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
WA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030795
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Condo Master Insurance Policy
|
Resolved-Condo Master Insurance Policy was provided, condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Condo Master Insurance Policy is fully present - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-mast hazard - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-ho6 - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Condo Master Insurance Policy - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Condo Master Insurance Policy was provided, condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Condo Master Insurance Policy is fully present - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
MO
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030795
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Condo Questionnaire
|
Resolved-lender provided evidence the Condo was approved by XXXXX limited review. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-XXXXX APPROVED CONDO - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-CONDO WARRANTY - Due Diligence Vendor-XX/XX/XXXX
Open- The Condo Questionnaire is missing from the loan file. Additional conditions may apply.
- Due Diligence Vendor-XX/XX/XXXX
|
Resolved-lender provided evidence the Condo was approved by XXXXX limited review. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
MO
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030796
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
1 - Information
|
Property
|
Value
|
S&P value equals B, secondary product within tolerance
|
Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will
be rated as A. - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will
be rated as A. - Due Diligence Vendor-XX/XX/XXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030793
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Disclosure
|
HPML Non-Compliant: Appraisal Missing or Incomplete
|
Resolved-Client acknowledges this loan does not meet HP NQM requirements due to missing a full appraisal. QM status changed to HP QM.
Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-HP QM. 2nd lien. Loan Amount $X,XXX.XX. APOR XX.XX% + 6.5 pts = XX.XX% APR threshold. APR on Final CD XX.XX% within
threshold. QM rebuttable presumption. AVM used. - Due Diligence Vendor-XX/XX/XXXX
Open-HPML Non-Compliant: Appraisal Missing or Incomplete HPML NQM loan. Appraisal is missing from loan file. Additional conditions may
apply. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Client acknowledges this loan does not meet HP NQM requirements due to missing a full appraisal. QM status changed to HP QM.
Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
|
IN
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030803
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
Fees:Limited
|
Virginia - 5% Maximum Fees Allowed (Junior Liens, Closed End)
|
Cured-Received copy of refund check. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-copy of check - Due Diligence Vendor-XX/XX/XXXX
Counter-Received Letter of Explanation, Corrected PCCD, and Proof of Delivery to Borrower. Please provide copy of check once available and
condition will be Cured and downgraded. Condition maintained.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see attached lox and check request - Due Diligence Vendor-XX/XX/XXXX
Open-The "loan fee" (Currency$X,XXX.XX) exceeds the Virginia Interest and Usury provisions 5% limit (Currency$X,XXX.XX) on a junior lien
closed end loan. The "loan fee" includes points, broker fees, origination fees, and similar fees, including prepaid interest and interest due on a prior loan. (VA Code Ann. 6.2-327; VA Code Ann. 6.2-328) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Received copy of refund check. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
VA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030804
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-Credit supplement received. Resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-verif P & I, Escrow - Due Diligence Vendor-XX/XX/XXXX
Open-Missing documentation to confirm the balance and the P&I payment for the existing 1st lien. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Credit supplement received. Resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NC
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030811
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements
|
Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-XX/XX/XXXX
Resolved-Lender provided Pension Letter for Borrower. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements Lender provided Pension Letter for
Borrower. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements The final loan application section 1e
reflects retirement income of $X,XXX.XX per month for the Borrower. The loan file is missing documentation to verify the source and amount of this retirement income. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-XX/XX/XXXX
Resolved-Lender provided Pension Letter for Borrower. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements Lender provided Pension Letter for
Borrower. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
OH
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030811
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Proof of Other Income - Pension, Retirement, Disability (Borrower)
|
Resolved-Lender provided Pension Letter for Borrower. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-pension letter - Due Diligence Vendor-XX/XX/XXXX
Open-There is no verification of the other income used to qualify. There should be an award letter/pension letter or current 1099 for
Borrower1's other retirement, pension, disability type of income in file. The final loan application section 1e reflects retirement income of $X,XXX.XX per month for the Borrower. The loan file is missing documentation to verify the source and
amount of this retirement income. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Lender provided Pension Letter for Borrower. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
OH
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030814
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Property
|
Value
|
Missing Valuation Review Product - 1
|
Resolved-A valid secondary valuation supporting the origination appraisal value provided (AVM). Condition Resolved. - Due Diligence
Vendor-XX/XX/XXXX
Ready for Review-AVM 1 - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-AVM 1 - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-AVM 2 - Due Diligence Vendor-XX/XX/XXXX
Open-A valid secondary valuation supporting the origination appraisal value is not present. Secondary valuation supporting the origination
appraisal value is not present. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-A valid secondary valuation supporting the origination appraisal value provided (AVM). Condition Resolved. - Due Diligence
Vendor-XX/XX/XXXX
|
XXXXX
|
GA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030815
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Condo Questionnaire
|
Resolved-Certification of Project eligibility received. Resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-warranty - Due Diligence Vendor-XX/XX/XXXX
Open- The Condo Questionnaire is missing from the loan file. Additional conditions may apply.
- Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Certification of Project eligibility received. Resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
WI
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030815
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Condo Master Insurance Policy
|
Resolved-Condo Master Insurance Policy is fully present - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-mastrer haz - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-HO6 - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Condo Master Insurance Policy - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Condo Master Insurance Policy is fully present - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
WI
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030823
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Fees:Limited
|
Texas - Maximum Fees Allowed (Starting Adjusted Rate and Bona Fide Decrease)
|
Resolved-Received Itemization of to show general lender credit was used to offset fees. Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The Texas Constitution prohibits fees from exceeding 2% of the principal balance on a non-purchase money loan. (Tex. Const. Art. 16
Sec. 50(a)(6)(E); 7 TX ADC Sec. 153.5) . - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Itemization of to show general lender credit was used to offset fees. Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030823
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Enterprise:FeeLimits
|
ER - Texas Constitution 2% Fee Limit (Starting Adjusted Rate and Bona Fide Decrease)
|
Resolved-Received Itemization of to show general lender credit was used to offset fees. Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The Texas Constitution prohibits fees from exceeding 2% of the principal balance on a non-purchase money loan. (Tex. Const. Art. 16
Sec. 50(a)(6)(E); 7 TX ADC Sec. 153.5) . - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Itemization of to show general lender credit was used to offset fees. Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030833
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Waived
|
2 - Non-Material
|
Credit
|
Eligibility
|
Transaction Ineligible
|
Waived-As per GLs maximum allowable size of property is 10 Acres however provided AVM showing more than XXX acres. Lender provided an
approved exception with compensating factors. All compensating factor s are valid and verified. Finding is non-material, and loan will be graded a B - Due Diligence Vendor-XX/XX/XXXX
|
Waived-As per GLs maximum allowable size of property is 10 Acres however provided AVM showing more than XXX acres. Lender provided an
approved exception with compensating factors. All compensating factor s are valid and verified. Finding is non-material, and loan will be graded a B - Due Diligence Vendor-XX/XX/XXXX
|
CLTV: XX.XX%
DTI: 37.51%
W2 income to qualify, borrower on
FICO: 742
No history of any mortgage lates
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Originator Pre-Close
|
Yes
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030833
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements Final 1003 showing as solar payment but
supporting document is not available in loan file hence audit added a finding - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030833
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-solar agreement - Due Diligence Vendor-XX/XX/XXXX
Open-File has Solar payment however supporting documentation is missing in loan file for payment proof. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030829
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements The final loan application section 2c reflects an
installment debt with a monthly payment of $X,XXX.XX that was included in the debt ratio (DTI). This debt is not reflected on the credit report and the loan file is missing documentation to verify the balance and monthly payment on this
account. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
|
WA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030829
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-verif debt (auto Loan) traded in/paid off - Due Diligence Vendor-XX/XX/XXXX
Open-The final loan application section 2c reflects an installment debt with a monthly payment of $X,XXX.XX that was included in the debt
ratio (DTI). This debt is not reflected on the credit report and the loan file is missing documentation to verify the balance and monthly payment on this account. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
WA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030838
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
XXXXX
|
Fees: Limited
|
Cured-Received PCCD with evidence of cure by way of Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to
Borrower. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Hello. Please see attached - Due Diligence Vendor-XX/XX/XXXX
Counter-Received undiscounted rate which was applied and loan still fails. This is a state fail. The exception can be cured by refunding
$X,XXX.XX. Provided Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to Borrower. The loan amount in this loan is $X,XXX.XX and 5% of the loan amount is $X,XXX.XX. Lender fees included are: Points, Lock Fee and
prepaid interest ($X,XXX.XX, $X,XXX.XX and $X,XXX.XX = $X,XXX.XX. Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Hello. Please see attached - Due Diligence Vendor-XX/XX/XXXX
Counter-Received rebuttal referencing prepaid finance charges are limited to 8%. This is a state fail. Lender fees included are Points,
Lock Fee and prepaid interest ($X,XXX.XX, $X,XXX.XX and $X,XXX.XX = $X,XXX.XX. The loan file does not contain documentation related to the Starting Adjusted Rate. Please provide the Rate Stack or disclosure of the SAR (closest to PAR) and the
difference to the selected closing rate OR provide a cure for the amount over the state limit. Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Hello. Please see attached - Due Diligence Vendor-XX/XX/XXXX
Counter-Rebuttal requested list of fees causing the thershold overage. Lender fees included are: Points, Lock Fee and prepaid interest
($X,XXX.XX, $X,XXX.XX and $X,XXX.XX = $X,XXX.XX. Condition remains.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Hello. Please advise the fees that's causing the threshold overage. - Due Diligence Vendor-XX/XX/XXXX
Open-This loan has submitted ($X,XXX.XX) fees paid to Lender and ($X,XXX.XX) fees paid to Affiliate which exceeds the threshold ($X,XXX.XX).
The aggregate amount of prepaid finance charges payable to the mortgage company or any person related to such company cannot exceed 5% of the amount financed on covered transactions. (K.S.A. 9-2228(d); Kan. Reg. 75-6-26) This loan has submitted
$X,XXX.XX fees paid to Lender which exceeds the threshold - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Received PCCD with evidence of cure by way of Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to
Borrower. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
KS
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030828
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Borrower 1 3rd Party VOE Prior to Close Missing
|
Resolved-Most recent paystub provided XX/XX/XXXX. Resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-3RD PARTY VERIF - Due Diligence Vendor-XX/XX/XXXX
Open-Borrower 1 3rd Party VOE Prior to Close Missing - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Most recent paystub provided XX/XX/XXXX. Resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
PA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030828
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Employment validation/verification standards do not meet requirements
|
Resolved-Most recent paystub provided. Resolved. - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Employment validation/verification standards do not meet requirements Borrower 1 3rd Party VOE Prior to Close Missing - Due
Diligence Vendor-XX/XX/XXXX
|
Resolved-Most recent paystub provided. Resolved. - Due Diligence Vendor-XX/XX/XXXX
|
PA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030839
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Employment validation/verification standards do not meet requirements
|
Resolved-VOE received. Resolved. - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Employment validation/verification standards do not meet requirements 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 as required by guidelines. -
Due Diligence Vendor-XX/XX/XXXX
|
Resolved-VOE received. Resolved. - Due Diligence Vendor-XX/XX/XXXX
|
OH
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030839
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Borrower 2 3rd Party VOE Prior to Close Missing
|
Resolved-VOE received. Resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-3RD PARTY - Due Diligence Vendor-XX/XX/XXXX
Open-Borrower 2 3rd Party VOE Prior to Close 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 as required by guidelines. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-VOE received. Resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
OH
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030832
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Mortgage Riders - Other Rider
|
Resolved-Received all riders. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Hello. Please see attached - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Mortgage Rider - Other Rider XXXXX rider is missing in file - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received all riders. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
WA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030847
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
Fees:Limited
|
Michigan - Maximum Broker & Lender Fees Allowed
|
Cured-Received copy of refund check. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see attached copy of check/check request pkg - Due Diligence Vendor-XX/XX/XXXX
Counter-Received Letter of Explanation, Corrected PCCD, and Proof of Delivery to Borrower. Please provide copy of check once available and
condition will be Cured and downgraded. Condition maintained.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-ple4ase see attached - Due Diligence Vendor-XX/XX/XXXX
Counter-Calculations are as follows: 5% max allowed is $X,XXX.XX and $X,XXX.XX in lender fees were charged ($X,XXX.XX Lock Fee + $X,XXX.XX
Points/Loan Discount Fee) which equals $X,XXX.XX required to be refunded. Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please provide your calculations - Due Diligence Vendor-XX/XX/XXXX
Counter-Received rebuttal. The Michigan Secondary Mortgage Loan Act prohibits the broker and lender fees from exceeding 5% of the loan
amount. Condition can be cured by refunding the borrower, providing a LOE, copy of refund check, PCCD and proof of delivery. 5% max allowed is $X,XXX.XX and $X,XXX.XX in lender fees were charged ($X,XXX.XX Lock Fee + $X,XXX.XX Points/Loan
Discount Fee) which equals $X,XXX.XX required to be refunded. Condition remains.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see attached - Due Diligence Vendor-XX/XX/XXXX
Open-The Michigan Secondary Mortgage Loan Act prohibits the broker and lender fees from exceeding 5% of the loan amount. (Mich. Comp. Laws
Ann. 493.72) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Received copy of refund check. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
MI
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030855
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-solar agreement - Due Diligence Vendor-XX/XX/XXXX
Open-Required supporting document to verify the following liability XXXXX. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NJ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030855
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements missing solar agreement - Due Diligence
Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
|
NJ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030858
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Credit History taken into consideration does not meet requirements
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Credit History taken into consideration meets requirements - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Credit History taken into consideration does not meet requirements Missing mortgage history for the first mortgage on the
subject property. Lender Guidelines require 24 months history. Missing evidence of Revolving Debt with payment of $X,XXX.XX per month, listed in the fifth position on the Final 1003 Section 2c. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Credit History taken into consideration meets requirements - Due Diligence Vendor-XX/XX/XXXX
|
IL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030858
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Eligibility
|
Housing History Does Not Meet Guideline Requirements
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-vom - Due Diligence Vendor-XX/XX/XXXX
Open-Housing History Does Not Meet Guideline Requirements Missing mortgage history for the first mortgage on the subject property. Lender
Guidelines require 24 months history. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
IL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030858
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-new debt stmt - Due Diligence Vendor-XX/XX/XXXX
Open-Missing evidence of Revolving Debt with payment of $X,XXX.XX per month, listed in the fifth position on the Final 1003 Section 2c. -
Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
IL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030848
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Tolerance:Disclosure
|
Federal - Loan Estimate Mailed/Delivered Within Three Business Days of Application
|
Resolved-Lender provided initial LE and revised LE with proof of delivery thru disclosure tracker. Condition resolved. - Due Diligence
Vendor-XX/XX/XXXX
Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Attached - rebuttal - Due Diligence Vendor-XX/XX/XXXX
Open-The Initial Disclosure Date (XX/XX/XXXX) is more than 3 business days from the Application Date (XX/XX/XXXX). Three business days from
the Application Date is (XX/XX/XXXX). Under Regulation Z, a Loan Estimate must be delivered or placed in the mail not later than the third business day after receiving a consumer's application.(12 CFR 1026.19(e)(1)(iii)) The earliest dated Loan
Estimate in file is from XX/XX/XXXX. The Current Change Circumstance document in file reflects a Loan Estimate being issued to the Borrower on XX/XX/XXXX. The loan file is missing a copy of the XX/XX/XXXX Loan Estimate. This finding will be
cleared upon receipt of the XX/XX/XXXX Loan Estimate. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Lender provided initial LE and revised LE with proof of delivery thru disclosure tracker. Condition resolved. - Due Diligence
Vendor-XX/XX/XXXX
Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
SC
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030848
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Missing Doc
|
Loan Estimate disclosure is missing or incomplete
|
Resolved-Lender provided initial LE and revised LE with proof of delivery thru disclosure tracker. Condition resolved. - Due Diligence
Vendor-XX/XX/XXXX
Ready for Review-Attached - LE XX/XX/XXXX - Due Diligence Vendor-XX/XX/XXXX
Open-Loan Estimate disclosure is missing or incomplete The Current Change Circumstance document in file reflects a Loan Estimate being
issued to the Borrower on XX/XX/XXXX. The loan file is missing a copy of this Loan Estimate. Additional conditions may apply upon receipt. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Lender provided initial LE and revised LE with proof of delivery thru disclosure tracker. Condition resolved. - Due Diligence
Vendor-XX/XX/XXXX
|
XXXXX
|
SC
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030850
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached recorded mortgage with XXXXX rider attached and executed - Due Diligence Vendor-XX/XX/XXXX
Open-XXXXX Rider document is missing. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
WA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030851
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Missing Doc
|
Loan Estimate disclosure is missing or incomplete
|
Resolved-Received initial LE. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached. - Due Diligence Vendor-XX/XX/XXXX
Open-Loan Estimate disclosure is missing or incomplete The Current Change Circumstance and Compliance Check documents in file reflect a Loan
Estimate being issued on XX/XX/XXXX. This Loan Estimate is not in the loan file. Additional findings may apply upon receipt. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received initial LE. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NC
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030851
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Tolerance:Disclosure
|
Federal - Loan Estimate Mailed/Delivered At Least Seven Business Days Before Consummation
|
Resolved-Received initial LE. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Open-The Initial Loan Estimate was delivered or placed in the mail on (XX/XX/XXXX), which is not seven business days before the consummation
date of (XX/XX/XXXX). Seven business days before the consummation date is (XX/XX/XXXX). Under Regulation Z, a Loan Estimate must be delivered or placed in the mail not later than the seventh business day before consummation of the transaction.
(12 CFR 1026.19(e)(1)(iii)(B)) The earliest dated Loan Estimate (LE) in file is XX/XX/XXXX. Based on this date, there were not at least 7 business days prior to consummation. The Current Change Circumstance and Compliance Check documents in
file reflect a Loan Estimate being issued on XX/XX/XXXX. This Loan Estimate is not in the loan file. This issue will be cleared upon receipt of the Loan Estimate dated XX/XX/XXXX. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received initial LE. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
NC
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030854
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Enterprise:FeeLimits
|
ER - Texas Constitution 2% Fee Limit (Starting Adjusted Rate and Bona Fide Decrease)
|
Resolved-Received Itemization of to show general lender credit was used to offset fees. Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Hello. Please see attached - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The Texas Constitution prohibits fees from exceeding 2% of the principal balance on a non-purchase money loan. (Tex. Const. Art. 16
Sec. 50(a)(6)(E); 7 TX ADC Sec. 153.5) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Itemization of to show general lender credit was used to offset fees. Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030867
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Hazard Insurance Policy is Missing
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Hazard Insurance Policy - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-mast hazard - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-HO6 - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Hazard Insurance Policy - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
IL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030865
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
Fees:Limited
|
Missouri - Maximum Lender Fees (XX/XX/XXXX)(SMLI)
|
Cured-Received a copy of the refund check. - Due Diligence Vendor-XX/XX/XXXX
Cured-. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Cured-Received a copy of the refund check. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see attached - Due Diligence Vendor-XX/XX/XXXX
Counter-Received Letter of Explanation, Corrected PCCD, and Proof of Delivery to Borrower. Please provide copy of check once available and
condition will be Cured and downgraded. Condition maintained.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see attached - Due Diligence Vendor-XX/XX/XXXX
Counter-Lender sent in MO law for fees, which are not included in the finding, The total amount of borrower paid fees to the lender included
$X,XXX.XX and Committee (Rate Lock) Fee $X,XXX.XX = ($X,XXX.XX) exceeds 5% of the loan amount ($X,XXX.XX). Need a cure of $X,XXX.XX. Provide Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to Borrower. - Due
Diligence Vendor-XX/XX/XXXX
Ready for Review-Hello. Please see attached. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The total amount of borrower paid fees to the lender or affiliate ($X,XXX.XX) exceeds 5% of the loan amount ($X,XXX.XX). The Missouri
Second Mortgage Loan Interest Provisions prohibit the total borrower paid fees to the Lender or Affiliate from exceeding 5% of the loan amount. (Mo. Rev. Stat. 408.233) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Received a copy of the refund check. - Due Diligence Vendor-XX/XX/XXXX
Cured-. - Due Diligence Vendor-XX/XX/XXXX
Cured-Received a copy of the refund check. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
MO
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030870
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Senior Mortgage Statement
|
Resolved-Lender provided a copy of Senior Lien Mortgage Statement. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-MTG STMT - Due Diligence Vendor-XX/XX/XXXX
Open-The Senior Mortgage Statement is missing from the file. The Mortgage Statement is missing from the file. - Due Diligence
Vendor-XX/XX/XXXX
|
Resolved-Lender provided a copy of Senior Lien Mortgage Statement. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
MO
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030873
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements
|
Resolved-Lender provided W2 XXXX to fulfill income requirement. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-UPLOADED TO CREDIT COND - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements The loan file is missing the XXXX W2 for
the employer listed in section 1b of the final loan application. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Lender provided W2 XXXX to fulfill income requirement. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-XX/XX/XXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030873
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Borrower 1 W2/1099 Missing
|
Resolved-Lender provided W2 XXXX to fulfill income requirement. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Borrower 1 W2/1099 Provided - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-XXXX w2 - Due Diligence Vendor-XX/XX/XXXX
Open-Borrower 1 W2/1099 Missing The loan file is missing the XXXX W2 for the employer listed in section 1b of the final loan application. -
Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Lender provided W2 XXXX to fulfill income requirement. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Borrower 1 W2/1099 Provided - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030875
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Fees:Limited
|
Texas - Maximum Fees Allowed (Starting Adjusted Rate and Bona Fide Decrease)
|
Resolved-Received evidence of undiscounted rate. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Counter- - Due Diligence Vendor-XX/XX/XXXX
Counter- - Due Diligence Vendor-XX/XX/XXXX
Counter-Received itemitized fees showing pass which excluded the discount points. Please provide Rate Stack to evidence SAR and pricing to
origination rate to determine if Discount is Bonafide. Condition remains.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached - Due Diligence Vendor-XX/XX/XXXX
Open-The Texas Constitution prohibits fees from exceeding 2% of the principal balance on a non-purchase money loan. (Tex. Const. Art. 16
Sec. 50(a)(6)(E); 7 TX ADC Sec. 153.5) The Texas Constitution prohibits fees from exceeding 2% of the principal balance on a non-purchase money loan. (Tex. Const. Art. 16 Sec. 50(a)(6)(E); 7 TX ADC Sec. 153.5) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received evidence of undiscounted rate. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030875
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Enterprise:FeeLimits
|
ER - Texas Constitution 2% Fee Limit (Starting Adjusted Rate and Bona Fide Decrease)
|
Resolved-Received evidence of undiscounted rate. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached. - Due Diligence Vendor-XX/XX/XXXX
Counter-Received itemitized fees showing pass which excluded the discount points. Please provide Rate Stack to evidence SAR and pricing to
origination rate to determine if Discount is Bonafide. Condition remains.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached - Due Diligence Vendor-XX/XX/XXXX
Open-The Texas Constitution prohibits fees from exceeding 2% of the principal balance on a non-purchase money loan. (Tex. Const. Art. 16
Sec. 50(a)(6)(E); 7 TX ADC Sec. 153.5) The Texas Constitution prohibits fees from exceeding 2% of the principal balance on a non-purchase money loan. (Tex. Const. Art. 16 Sec. 50(a)(6)(E); 7 TX ADC Sec. 153.5) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received evidence of undiscounted rate. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030879
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Senior Mortgage Statement
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-mtg stmt and note - Due Diligence Vendor-XX/XX/XXXX
Open-The Senior Mortgage Statement is missing from the file. Missing documentation to confirm the balance and the P&I payment for the
existing 1st lien. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-The lender provided the required documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
WI
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030883
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Hazard Insurance Policy is Partial
|
Resolved-Received updated HOI policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-HOI dec - Due Diligence Vendor-XX/XX/XXXX
Open-Hazard Insurance Policy Partially Provided Hazard policy provided is just an estimated Binder on the expiring current policy and is
only good for 1 month. Hazard policy must be good for a period of 12 months. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received updated HOI policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CT
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030896
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
1 - Information
|
Property
|
Value
|
S&P value equals B, secondary product within tolerance
|
Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will
be rated as A. - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will
be rated as A. - Due Diligence Vendor-XX/XX/XXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030894
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Flood Certificate Partially Provided
|
Resolved-Received rebuttal with FEMA search. Flood zone hasn't been evaluated yet and there is no mandated flood insurance in these
scenarios. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-lox flood zone - Due Diligence Vendor-XX/XX/XXXX
Open-Flood Certificate is Partially Provided Provided flood cert reflects flood zone and NFIP Map Number as 'None' and also NFIP Map Panel
Effective/Revised Date is not available. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received rebuttal with FEMA search. Flood zone hasn't been evaluated yet and there is no mandated flood insurance in these
scenarios. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NJ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030893
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements
|
Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-XX/XX/XXXX
Resolved-Received rebuttal indicating rental income was not used to qualify. After further review, the negative rent loss for this property
was updated to just T&I. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-UPLOADED TO CREDIT COND - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements Audited DTI is higher than guidelines due
to lender using the incorrect rental income amount for XXXXX Lender did not include the repairs for property located at XXXXX, which in turn made the negative rental income increase to $X,XXX.XX/month vs $X,XXX.XX/month qualified by lender. -
Due Diligence Vendor-XX/XX/XXXX
|
Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-XX/XX/XXXX
Resolved-Received rebuttal indicating rental income was not used to qualify. After further review, the negative rent loss for this
property was updated to just T&I. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
FL
|
Primary Residence
|
Refinance
|
Cash Out - Debt Consolidation
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030893
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Eligibility
|
Audited DTI Exceeds Guideline DTI
|
Resolved-Received rebuttal indicating rental income was not used to qualify. After further review, the negative rent loss for this property
was updated to just T&I. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-LOX RENTAL INCOME - Due Diligence Vendor-XX/XX/XXXX
Open-Audited DTI of 68.42% exceeds Guideline DTI of 50% Audited DTI is higher than guidelines due to lender using the incorrect rental
income amount for XXXXX Lender did not include the repairs for property located at XXXXX, which in turn made the negative rental income increase to $X,XXX.XX/month vs $X,XXX.XX/month qualified by lender. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received rebuttal indicating rental income was not used to qualify. After further review, the negative rent loss for this property
was updated to just T&I. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
FL
|
Primary Residence
|
Refinance
|
Cash Out - Debt Consolidation
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030909
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Enterprise:FeeLimits
|
ER - Texas Constitution 2% Fee Limit (Starting Adjusted Rate and Bona Fide Decrease)
|
Resolved-Received Itemization of to show general lender credit was used to offset fees. Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-2% worksheet - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The Texas Constitution prohibits fees from exceeding 2% of the principal balance on a non-purchase money loan. (Tex. Const. Art. 16
Sec. 50(a)(6)(E); 7 TX ADC Sec. 153.5) . - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Itemization of to show general lender credit was used to offset fees. Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030909
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Fees:Limited
|
Texas - Maximum Fees Allowed (Starting Adjusted Rate and Bona Fide Decrease)
|
Resolved-Received Itemization of to show general lender credit was used to offset fees. Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see attached - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The Texas Constitution prohibits fees from exceeding 2% of the principal balance on a non-purchase money loan. (Tex. Const. Art. 16
Sec. 50(a)(6)(E); 7 TX ADC Sec. 153.5) . - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Itemization of to show general lender credit was used to offset fees. Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030912
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Property
|
Property
|
Property in Disaster Area – Property located in a FEMA declared disaster area. Inspection post incident date was not provided
|
Resolved-Received PDI evidencing no damage. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-fema pdi - Due Diligence Vendor-XX/XX/XXXX
Counter-FEMA incident date XX/XX/XXXX-XX/XX/XXXX. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please provide date of disaster - Due Diligence Vendor-XX/XX/XXXX
Open-Subject property is in recent disaster area and there is no post incident inspection - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received PDI evidencing no damage. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
WA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030910
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Mortgage/Deed of Trust - Not Recorded
|
Resolved-Evidence of Mortgage Recording received. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Hello. Please see attached - Due Diligence Vendor-XX/XX/XXXX
Open-Missing evidence of Mortgage recording. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Evidence of Mortgage Recording received. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
WI
|
Primary Residence
|
Refinance
|
Cash Out - Debt Consolidation
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030911
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
1 - Information
|
Property
|
Value
|
S&P value equals B, secondary product within tolerance
|
Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will
be rated as A. - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will
be rated as A. - Due Diligence Vendor-XX/XX/XXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030920
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Fees:Limited
|
Pennsylvania - Max Application Fee or Origination Fee (MLILCPA)
|
Resolved-Received Rate Stack evidencing SAR and pricing to origination rate. Discount determined Bonafide. Condition Resolved.
- Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached - Due Diligence Vendor-XX/XX/XXXX
Counter-This can be cured by refunding $X,XXX.XX. Alternative is to provide the Rate Stack or disclosure of the SAR (closest to PAR) and
the difference to the selected closing rate OR provide a cure for the amount over the state limit. Condition remains.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please advise the cure amount based on your calculations. - Due Diligence Vendor-XX/XX/XXXX
Counter-Received rebuttal. The borrower paid 3.874% in loan points per the CD. PA permits 3% maximum. The loan file does not contain
documentation related to the Starting Adjusted Rate. Please provide the Rate Stack or disclosure of the SAR (closest to PAR) and the difference to the selected closing rate OR provide a cure for the amount over the state limit. Condition
remains.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-Under the Pennsylvania Mortgage Licensing Act, a lender may not charge an Application Fee or Loan Origination Fee exceeding 3% of the
loan amount. (7 Pa. Stat. 6125(b)) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Rate Stack evidencing SAR and pricing to origination rate. Discount determined Bonafide. Condition Resolved.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
PA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030918
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
XXXXX
|
NJ Fee Not Allowed- Commitment Rate Lock Fee (Fee ID: 83)
|
Resolved-Lender provided PCCD with evidence of delivery of refund of $X,XXX.XX for committee (rate lock) fee to the borrower. Condition
resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-attached - copy of refund check - Due Diligence Vendor-XX/XX/XXXX
Counter-Received Letter of Explanation, Corrected PCCD, and Proof of Delivery to Borrower. Please provide copy of check once available and
condition will be Cured and downgraded. Condition maintained.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Attached - check request package - which includes LOE, check request, amended cd and XXXXX label - copy of refund check to
follow - Due Diligence Vendor-XX/XX/XXXX
Open-The New Jersey Residential Mortgage Lending Act (N.J. Rev. Stat. 17:11C-80; N.J. ADC 3:15-9.2) does not allow Commitment (Rate Lock)
Fee (Fee ID: 83) to be charged to the Borrower in NJ. The Borrower was charged a Lock Fee for $X,XXX.XX at origination. Provide Letter of Explanation, Proof of Refund of the $X,XXX.XX, Corrected PCCD, and Proof of Delivery to Borrower. - Due
Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Lender provided PCCD with evidence of delivery of refund of $X,XXX.XX for committee (rate lock) fee to the borrower. Condition
resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NJ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030935
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Property
|
Property
|
Property in Disaster Area – Property located in a FEMA declared disaster area. Inspection post incident date was not provided
|
Resolved-Post incident inspection provided. No Damage Noted. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-FEMA PDI - Due Diligence Vendor-XX/XX/XXXX
Open-Subject property is in recent disaster area and there is no post incident inspection - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Post incident inspection provided. No Damage Noted. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
OK
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030935
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing income documentation
|
Resolved-Received SSI and Retirement documentation. Resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Pension - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-soc security - Due Diligence Vendor-XX/XX/XXXX
Open-Missing income documentation to support $X,XXX.XX/month in retirement income and $X,XXX.XX/month SSI as qualified by lender. - Due
Diligence Vendor-XX/XX/XXXX
|
Resolved-Received SSI and Retirement documentation. Resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
OK
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030935
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements
|
Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements Missing income documentation to support
$X,XXX.XX/month in retirement income and $X,XXX.XX/month SSI as qualified by lender. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-XX/XX/XXXX
|
OK
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030933
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Documentation 1
|
Resolved-Received documentation to support home equity debt verified on the credit report. Condition cleared. - Due Diligence
Vendor-XX/XX/XXXX
Ready for Review-ucc filing - Due Diligence Vendor-XX/XX/XXXX
Resolved-Received documentation to support home equity debt verified on the credit report. Condition cleared. - Due Diligence
Vendor-XX/XX/XXXX
Ready for Review-credit union lox - Due Diligence Vendor-XX/XX/XXXX
Counter-Received letter of explanation but no supporting documentation. Please provide UCC filing documents referenced. Condition
remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-HOME IMPROVEMENT LOAN DOC AND LOX - Due Diligence Vendor-XX/XX/XXXX
Open-Provide verification of what collateral was used for the home improvement loan/ Home Equity loans showing on the credit report. If it
is tied/attached to the subject property, provide proof of cancellation or a signed attestation from title company that there isn't one. If the loan is secured by a different property, additional conditions will apply, including but not limited
to proof of PITIA. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received documentation to support home equity debt verified on the credit report. Condition cleared. - Due Diligence
Vendor-XX/XX/XXXX
Resolved-Received documentation to support home equity debt verified on the credit report. Condition cleared. - Due Diligence
Vendor-XX/XX/XXXX
|
XXXXX
|
AZ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030933
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-Received documentation to support home equity debt verified on the credit report. Condition cleared. - Due Diligence
Vendor-XX/XX/XXXX
Counter-Received letter of explanation but no supporting documentation. Please provide UCC filing documents referenced. Condition
remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-UPLOADED TO CREDIT COND - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements 1) Missing document to verify payment of
$X,XXX.XX for recently opened installment tradeline with balance of $X,XXX.XX reflecting on final 1003 and credit report.
2) Provide verification of what collateral was used for the home improvement loan/ Home Equity loans showing on the credit report. If it is
tied/attached to the subject property, provide proof of cancellation or a signed attestation from title company that there isn't one. If the loan is secured by a different property, additional conditions will apply, including but not limited to
proof of PITIA. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received documentation to support home equity debt verified on the credit report. Condition cleared. - Due Diligence
Vendor-XX/XX/XXXX
|
AZ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030933
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-Billing statement received. Resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-LOAN STATEMENT - Due Diligence Vendor-XX/XX/XXXX
Open-Missing document to verify payment of $X,XXX.XX for recently opened installment tradeline with balance of $X,XXX.XX reflecting on final
1003 and credit report. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Billing statement received. Resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
AZ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030939
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Condo Master Insurance Policy
|
Resolved-Received Condo Master Policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-MASTER HAZ - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-HO6 - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Condo Master Insurance Policy - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Condo Master Policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
WA
|
Primary Residence
|
Refinance
|
Cash Out - Debt Consolidation
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030939
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Missing Doc
|
TRID: Missing Loan Estimate
|
Resolved-Received missing LEs. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Loan Estimates - Due Diligence Vendor-XX/XX/XXXX
Open-As per provided COCs, loan estimates are missing from loan file. COCs in file reflects LE's were dated and issued XX/XX/XXXX,
XX/XX/XXXX and 3 dated XX/XX/XXXX. File contains LE's dated XX/XX/XXXX and XX/XX/XXXX. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received missing LEs. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
WA
|
Primary Residence
|
Refinance
|
Cash Out - Debt Consolidation
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030947
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Property
|
Value
|
Missing Post Close Valuation - 1
|
Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-2ND VAL - Due Diligence Vendor-XX/XX/XXXX
Open-A valid secondary valuation supporting the origination appraisal value is not present. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
FL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030954
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
2 - Non-Material
|
Compliance
|
Late:Grace
|
Maryland - Minimum Grace Period (Interest & Usury)
|
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) This finding is non-material and will be rated a B for all agencies - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) This finding is non-material and will be rated a B for all agencies - Due Diligence Vendor-XX/XX/XXXX
|
MD
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030959
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Fees:Limited
|
Texas - Maximum Fees Allowed (Starting Adjusted Rate and Bona Fide Decrease)
|
Resolved-Received evidence of undiscounted rate. Discount determined Bonafide. Condition resolved.
- Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Hello. Please see attached - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-2% Tx Worksheet - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The Texas Constitution prohibits fees from exceeding 2% of the principal balance on a non-purchase money loan. (Tex. Const. Art. 16
Sec. 50(a)(6)(E); 7 TX ADC Sec. 153.5) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received evidence of undiscounted rate. Discount determined Bonafide. Condition resolved.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030959
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Enterprise:FeeLimits
|
ER - Texas Constitution 2% Fee Limit (Starting Adjusted Rate and Bona Fide Decrease)
|
Resolved-Received evidence of undiscounted rate. Discount determined Bonafide. Condition resolved.
- Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-2% Tx worksheet - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The Texas Constitution prohibits fees from exceeding 2% of the principal balance on a non-purchase money loan. (Tex. Const. Art. 16
Sec. 50(a)(6)(E); 7 TX ADC Sec. 153.5) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received evidence of undiscounted rate. Discount determined Bonafide. Condition resolved.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030959
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-Lender provided copy of XXXXX XXXXX installment showing payment and balance. Condition resolved.
- Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-UPLOADED TO CREDIT OND - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements Missing document to validate balance of $X,XXX.XX
and monthly payment of $X,XXX.XX of installment tradeline disclosed on final 1003 however is not reflecting on credit report. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Lender provided copy of XXXXX XXXXX installment showing payment and balance. Condition resolved.
- Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030959
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-Lender provided copy of XXXXX XXXXX installment showing payment and balance. Condition resolved.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-SOLAR AGREE DEBT - Due Diligence Vendor-XX/XX/XXXX
Open-Missing document to validate balance of $X,XXX.XX and monthly payment of $X,XXX.XX of installment tradeline disclosed on final 1003
however is not reflecting on credit report. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Lender provided copy of XXXXX XXXXX installment showing payment and balance. Condition resolved.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030953
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
2 - Non-Material
|
Compliance
|
Late:Grace
|
Maryland - Minimum Grace Period (Interest & Usury)
|
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) This finding is non-material and will be rated a B for all agencies - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) This finding is non-material and will be rated a B for all agencies - Due Diligence Vendor-XX/XX/XXXX
|
MD
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030948
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Tolerance:Disclosure
|
Federal - Loan Estimate Mailed/Delivered Within Three Business Days of Application
|
Resolved-Received missing LE date within 3 days of application. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached Disclosure Summary & copies of LEs generated and sent to borrower on XX/XX/XXXX, within 3 business
days of application date of XX/XX/XXXX. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached disclosure summary & copies of LEs sent on XX/XX/XXXX, within 3 business days of application date
of XX/XX/XXXX - Due Diligence Vendor-XX/XX/XXXX
Open-The Initial Disclosure Date (XX/XX/XXXX) is more than 3 business days from the Application Date (XX/XX/XXXX). Three business days from
the Application Date is (XX/XX/XXXX). Under Regulation Z, a Loan Estimate must be delivered or placed in the mail not later than the third business day after receiving a consumer's application.(12 CFR 1026.19(e)(1)(iii)) Initial Loan Estimate
dated within three business days of Application Date is missing from the loan file. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received missing LE date within 3 days of application. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NC
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030943
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements
|
Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-XX/XX/XXXX
Resolved-XXXX 1099 and LOX received. Resolved. - Due Diligence Vendor-XX/XX/XXXX
Counter- Where an AUS is absent, the following requirements apply:
• Salaried, variable, and secondary employment income:
• 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, AND
• VVOE or Paystub dated within 10 business days of close
• WVOE dated within 10 business days of close does not require
additional income verification prior to close. We will need W2 XXXX. condition remains - Due Diligence Vendor-XX/XX/XXXX
Rescinded-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements Per guidelines, Salaried, variable,
and secondary employment income:
• WVOE covering the most recent 2yr period, so paystub or W2 is not required. - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements Loan file does not contain an AUS.
Lender's guidelines required income to be verified for the most recent two-year period. The WVOE in file covers year-to-date XXXX earnings, XXXX earnings, and XXXX earnings. The WVOE does not provide XXXX earnings. Loan file does not contain
a XXXX W2 or other evidence of XXXX earnings for the borrower. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-XX/XX/XXXX
Resolved-XXXX 1099 and LOX received. Resolved. - Due Diligence Vendor-XX/XX/XXXX
Rescinded-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements Per guidelines, Salaried, variable,
and secondary employment income:
• WVOE covering the most recent 2yr period, so paystub or W2 is not required. - Due Diligence Vendor-XX/XX/XXXX
|
MO
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030943
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Borrower 1 W2/1099 Missing
|
Resolved-Borrower 1 W2/1099 Provided - Due Diligence Vendor-XX/XX/XXXX
Resolved-Borrower 1 W2/1099 Provided. XXXX 1099 and LOX received. Resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-XXXX 1099s and lox - Due Diligence Vendor-XX/XX/XXXX
Counter- Where an AUS is absent, the following requirements apply:
• Salaried, variable, and secondary employment income:
• 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, AND
• VVOE or Paystub dated within 10 business days of close
• WVOE dated within 10 business days of close does not require
additional income verification prior to close. We will need W2 XXXX. condition remains - Due Diligence Vendor-XX/XX/XXXX
Resolved-Borrower 1 W2/1099 Provided - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-LOX employment - Due Diligence Vendor-XX/XX/XXXX
Open-Borrower 1 W2/1099 Missing Loan file does not contain an AUS. Lender's guidelines required income to be verified for the most recent
two-year period. The WVOE in file covers year-to-date XXXX earnings, XXXX earnings, and XXXX earnings. The WVOE does not provide XXXX earnings. Loan file does not contain a XXXX W2 or other evidence of XXXX earnings for the borrower. - Due
Diligence Vendor-XX/XX/XXXX
|
Resolved-Borrower 1 W2/1099 Provided - Due Diligence Vendor-XX/XX/XXXX
Resolved-Borrower 1 W2/1099 Provided. XXXX 1099 and LOX received. Resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Borrower 1 W2/1099 Provided - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
MO
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030968
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Closing
|
Borrower 2 Photo ID is expired
|
Resolved-Condition Docs accepted. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Attached - email from borrower re:expired ID - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Attached - Patriot Act affidavit - Due Diligence Vendor-XX/XX/XXXX
Open-Borrower 2 photo ID expiration date is XX/XX/XXXX and note is dated XX/XX/XXXX. Borrower 2 photo id verification via Patriot Act form
shows ID expiration date as XX/XX/XXXX. No other ID proof availabe in file - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Condition Docs accepted. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NC
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030965
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Property
|
Missing Doc
|
Missing Appraisal (Property)
|
Resolved-Appraisal or other primary valuation product was provided - Due Diligence Vendor-XX/XX/XXXX
Resolved-Client acknowledges this loan does not meet HP NQM requirements due to missing a full appraisal. QM status changed to HP QM.
Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-This is a HP QM. 2nd lien. Loan Amount $X,XXX.XX. APOR XX.XX% + 6.5 pts = XX.XX% APR threshold. APR on Final CD XX.XX%
within threshold. QM rebuttable presumption. AVM used. - Due Diligence Vendor-XX/XX/XXXX
Open-Appraisal or other primary valuation product is missing The subject loan is designated as Non-QM. Compliance testing results show the
loan is Higher Priced/HPML. The loan file contains 2 AVM's to document the subject property's value. A full appraisal with an interior inspection is required for this transaction (Non-QM, HPML loan with a loan amount over $X,XXX.XX). Loan
file is missing the required appraisal. Additional conditions may apply once received. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Appraisal or other primary valuation product was provided - Due Diligence Vendor-XX/XX/XXXX
Resolved-Client acknowledges this loan does not meet HP NQM requirements due to missing a full appraisal. QM status changed to HP QM.
Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
|
FL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030973
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Fees:Limited
|
Texas - Maximum Fees Allowed (Starting Adjusted Rate and Bona Fide Decrease)
|
Resolved-Received 2% TX Cashout Calculator excluding discount points. Updated fee overage to discount points which are deemed bonafide.
Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
Counter- - Due Diligence Vendor-XX/XX/XXXX
Counter- - Due Diligence Vendor-XX/XX/XXXX
Counter-Lender provided 2% worksheet with PAR Sheet and Appraisal invoice, however there are no bona Fide points to be excluded, TX 2% Limit
is $X,XXX.XX Total Fees are $X,XXX.XX, which there is a difference of $X,XXX.XX. Provide Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to Borrower. condition remains. - Due Diligence Vendor-XX/XX/XXXX
Open-Lender provided 2% worksheet with PAR Sheet and Appraisal invoice, however there are no bona Fide points to be excluded, TX 2% Limit is
$X,XXX.XX Total Fees are $X,XXX.XX, which there is a difference of $X,XXX.XX. Provide Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to Borrower. condition remains. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see attached - Due Diligence Vendor-XX/XX/XXXX
Open-The Texas Constitution prohibits fees from exceeding 2% of the principal balance on a non-purchase money loan. (Tex. Const. Art. 16
Sec. 50(a)(6)(E); 7 TX ADC Sec. 153.5) Texas Constitution 2% Limit $X,XXX.XX Total Fees $X,XXX.XX, difference $X,XXX.XX with no evidence of discount. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received 2% TX Cashout Calculator excluding discount points. Updated fee overage to discount points which are deemed bonafide.
Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030973
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Enterprise:FeeLimits
|
ER - Texas Constitution 2% Fee Limit (Starting Adjusted Rate and Bona Fide Decrease)
|
Resolved-Received 2% TX Cashout Calculator excluding discount points. Updated fee overage to discount points which are deemed bonafide.
Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Updated 2% worksheet- we are within 2% . Loan Discount points are excluded. The incorrect spreadsheet was provided. please
review the revised spreadsheet. - Due Diligence Vendor-XX/XX/XXXX
Counter-Lender provided 2% worksheet with PAR Sheet and Appraisal invoice, however there are no bona Fide points to be excluded, TX 2% Limit
is $X,XXX.XX Total Fees are $X,XXX.XX, which there is a difference of $X,XXX.XX. Provide Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to Borrower. condition remains. - Due Diligence Vendor-XX/XX/XXXX
Open-Lender provided 2% worksheet with PAR Sheet and Appraisal invoice, however there are no bona Fide points to be excluded, TX 2% Limit is
$X,XXX.XX Total Fees are $X,XXX.XX, which there is a difference of $X,XXX.XX. Provide Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to Borrower. condition remains. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see attached - Due Diligence Vendor-XX/XX/XXXX
Open-The Texas Constitution prohibits fees from exceeding 2% of the principal balance on a non-purchase money loan. (Tex. Const. Art. 16
Sec. 50(a)(6)(E); 7 TX ADC Sec. 153.5) The Texas Constitution prohibits fees from exceeding 2% of the principal balance on a non-purchase money loan. (Tex. Const. Art. 16 Sec. 50(a)(6)(E); 7 TX ADC Sec. 153.5) Texas Constitution 2% Limit
$X,XXX.XX Total Fees $X,XXX.XX, difference $X,XXX.XX with no evidence of discount. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received 2% TX Cashout Calculator excluding discount points. Updated fee overage to discount points which are deemed bonafide.
Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030973
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
XXXXX
|
AbilityToRepay: QMPointsAndFees
|
Resolved-Lender provided 2% worksheet with PAR Sheet and Appraisal invoice, Appraisal Invoice showing the breakdown of appraisal fee and
appraisal management fee. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Lender provided 2% worksheet with PAR Sheet and Appraisal invoice, Appraisal Invoice showing the breakdown of appraisal fee and
appraisal management fee. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030972
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Insurance
|
Hazard Insurance Effective Date is after the Disbursement Date
|
Resolved-Lender provided HOI policy Effective Date of XX/XX/XXXX is prior to or equal to the Disbursement Date of XX/XX/XXXX. condition
resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Hazard Insurance Effective Date of XX/XX/XXXX is prior to or equal to the Disbursement Date of XX/XX/XXXX Or Hazard Insurance
Effective Date Is Not Provided - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-HOI current - Due Diligence Vendor-XX/XX/XXXX
Open-Hazard Insurance Effective Date of XX/XX/XXXX is after the Disbursement Date of XX/XX/XXXX As per hazard policy pg 217 effective date
is XX/XX/XXXX. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Lender provided HOI policy Effective Date of XX/XX/XXXX is prior to or equal to the Disbursement Date of XX/XX/XXXX. condition
resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Hazard Insurance Effective Date of XX/XX/XXXX is prior to or equal to the Disbursement Date of XX/XX/XXXX Or Hazard Insurance
Effective Date Is Not Provided - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
WA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030986
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Condo Master Insurance Policy
|
Resolved-Received Condo Master Policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-SEE ATTACHMENT - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-SEE ATTACHMENT - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Condo Master Insurance Policy - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Condo Master Policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
OH
|
Primary Residence
|
Refinance
|
Cash Out - Debt Consolidation
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030989
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
1 - Information
|
Property
|
Value
|
S&P value equals B, secondary product within tolerance
|
Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will
be rated as A. - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will
be rated as A. - Due Diligence Vendor-XX/XX/XXXX
|
OH
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030992
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Borrower 1 Paystubs Missing
|
Resolved-Lender provided paystub for borrower. condition resolved - Due Diligence Vendor-XX/XX/XXXX
Resolved-Borrower 1 Paystubs Provided - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-paystub - Due Diligence Vendor-XX/XX/XXXX
Open-Borrower 1 Paystubs Missing - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Lender provided paystub for borrower. condition resolved - Due Diligence Vendor-XX/XX/XXXX
Resolved-Borrower 1 Paystubs Provided - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NV
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030992
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements
|
Resolved-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements Lender provided paystub for borrower.
condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements Missing YTD Paystub. - Due Diligence
Vendor-XX/XX/XXXX
|
Resolved-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements Lender provided paystub for borrower.
condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
NV
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031005
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-Solar not on title. Paid at close. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements Provide verification of what collateral was used
for the home improvement loan/ Home Equity loan with a $X,XXX.XX balance and $X,XXX.XX monthly payment reflecting on the credit report. If it is tied/attached to the subject property, provide proof of cancellation or a signed attestation from
title company that there isn't one. If the loan is secured by a different property, additional conditions will apply, including but not limited to proof of PITIA. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Solar not on title. Paid at close. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
GA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031005
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-Solar loan not on title and paid off through subject close. Condition Resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-LOX HOME IMPROVEMENT LOAN - Due Diligence Vendor-XX/XX/XXXX
Open-Provide verification of what collateral was used for the home improvement loan/ Home Equity loan with a $X,XXX.XX balance and $X,XXX.XX
monthly payment reflecting on the credit report. If it is tied/attached to the subject property, provide proof of cancellation or a signed attestation from title company that there isn't one. If the loan is secured by a different property,
additional conditions will apply, including but not limited to proof of PITIA. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Solar loan not on title and paid off through subject close. Condition Resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
GA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030999
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
2 - Non-Material
|
Compliance
|
Late:Grace
|
Maryland - Minimum Grace Period (Interest & Usury)
|
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the delinquency has continued for at least 15 days.
This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the delinquency has continued for at least 15 days.
This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX
|
MD
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031009
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Fees:Limited
|
Pennsylvania - Max Application Fee or Origination Fee (MLILCPA)
|
Resolved-Rate Stack evidencing SAR and pricing to origination rate. Discount determined Bonafide. Condition Resolved.
- Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-Under the Pennsylvania Mortgage Licensing Act, a lender may not charge an Application Fee or Loan Origination Fee exceeding 3% of the
loan amount. (7 Pa. Stat. 6125(b)) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Rate Stack evidencing SAR and pricing to origination rate. Discount determined Bonafide. Condition Resolved.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
PA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031007
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Enterprise:FeeLimits
|
ER - Texas Constitution 2% Fee Limit (Starting Adjusted Rate and Bona Fide Decrease)
|
Resolved-Received Itemization of to show general lender credit was used to offset fees. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Open-. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Received Itemization of to show general lender credit was used to offset fees. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see attached 2% worksheet - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The Texas Constitution prohibits fees from exceeding 2% of the principal balance on a non-purchase money loan. (Tex. Const. Art. 16
Sec. 50(a)(6)(E); 7 TX ADC Sec. 153.5) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Itemization of to show general lender credit was used to offset fees. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Received Itemization of to show general lender credit was used to offset fees. Condition cleared. - Due Diligence
Vendor-XX/XX/XXXX
|
XXXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031007
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Fees:Limited
|
Texas - Maximum Fees Allowed (Starting Adjusted Rate and Bona Fide Decrease)
|
Resolved-Received Itemization of to show general lender credit was used to offset fees. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Open-. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Received Itemization of to show general lender credit was used to offset fees. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see attached 2% worksheet - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The Texas Constitution prohibits fees from exceeding 2% of the principal balance on a non-purchase money loan. (Tex. Const. Art. 16
Sec. 50(a)(6)(E); 7 TX ADC Sec. 153.5) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Itemization of to show general lender credit was used to offset fees. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Received Itemization of to show general lender credit was used to offset fees. Condition cleared. - Due Diligence
Vendor-XX/XX/XXXX
|
XXXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031007
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
AbilityToRepay:PriceBased
|
Federal - General Qualified Mortgage Price-Based Limit (Junior Lien)
|
Resolved-Received evidence of Rate Change Date. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see attached LOX - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The loan's (9.461%) APR equals or exceeds the General Qualified Mortgage Loan Price-Based threshold of (XX.XX%), which is the
comparable average prime offer rate of (XX.XX%) plus XX.XX%. The System used the following date to perform the APOR index lookup (XX/XX/XXXX). The system added 3.5 to the comparable APOR because the ($X,XXX.XX) note amount equals or exceeds
($X,XXX.XX). The system used an interest rate of (XX.XX%) in the APR calculation. If the interest rate may change within the first five years after the first regular periodic payment, the system uses the highest interest rate that may apply
during that five-year period as the interest rate for the full term of the loan. (12 CFR 1026.43(e)(2)(vi)(E)) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received evidence of Rate Change Date. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031008
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
Interest:Accrual
|
Connecticut - Interest Rate Accrual (XX/XX/XXXX)
|
Cured-Received PCCD with evidence of cure by way of Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to
Borrower. Condition cured. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached - Due Diligence Vendor-XX/XX/XXXX
Counter-Please do not change the disbursement date as the cure will be sufficient. Recission will not need to be reopened again. Please
refund 1 day of interest since the loan disbursed 1 day early. Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Thank you for your previous response. I have a few questions before I move forward with clearing this condition. 1. What
should the disbursement date be listed as. 2. Do we need to reopen recission. 3. Do we refund the borrower 1 or 2 days? Please advise. - Due Diligence Vendor-XX/XX/XXXX
Counter-In order to cure, refund of the 1 day of interest which was charged prior to the expiration of the rescission period. Please
provide evidence of refund of $X,XXX.XX, PCCD reflecting the refund, copy of refund check, and proof of delivery. Upon receipt, condition will be cured and downgraded. Condition maintained. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Hello - The CD that was provided is the Amended CD. Are you asking for that date to be updated. Please advise. Thank you -
Due Diligence Vendor-XX/XX/XXXX
Counter-The CD provided is the final CD dated XX/XX/XXXX. Please provided the amended PCCD. Condition remains. - Due Diligence
Vendor-XX/XX/XXXX
Ready for Review-Attached is the LOE and the Amended CD. Thank you. - Due Diligence Vendor-XX/XX/XXXX
Counter-Since the Final CD reflects disbursement date of XX/XX/XXXX, however transaction date is XX/XX/XXXX, which the expiration date needs
to be XX/XX/XXXX. PCCD is needed with Right to Cancel with the corrected information. Provide Letter of Explanation, Re-Disclose Correct Information, Proof of Borrower Receipt, and Re-open Rescission. condition remains - Due Diligence
Vendor-XX/XX/XXXX
Ready for Review-loan funded too soon in error due to signing mishap, can we cure this defect by reopening rescission and refunding the per
diem interest that was collected prior to XX/XX/XXXX (based on later signer's signature date)? - please advise - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The Connecticut Truth in Lending Act prohibits the accrual of interest prior to the expiration of the 3-business day rescission period
on a non-purchase money loan secured by a 1-4 unit primary residence. Interest on this loan begins to accrue on (XX/XX/XXXX) which is prior to the expiration of the 3-business day rescission period of (XX/XX/XXXX). (Conn. Gen. Stat.
36a-683(j)(4)(A); 15 USC 1601 et seq.) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Received PCCD with evidence of cure by way of Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to
Borrower. Condition cured. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CT
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031008
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
Rescission:Disbursement
|
Federal - Right of Rescission (Loan Disbursement Violation) (TILA)
|
Cured-Received new RTC. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The loan disbursement date (XX/XX/XXXX) is earlier than, or the same day as, the calculated "Right to Cancel Expire Date" (XX/XX/XXXX).
Under Regulation Z, funds may not be disbursed to the borrower until after the expiration of the rescission period. (Reg Z, 12 CFR 1026.23(c) and Official Staff Commentary) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Received new RTC. - Due Diligence Vendor-XX/XX/XXXX
|
CT
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031008
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
Rescission:Variance
|
Federal - Right of Rescission Variance Failure (TILA)
|
Cured-Received new RTC. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The disclosed "Right to Cancel Expire Date" (XX/XX/XXXX) is earlier than the system calculated "Right to Cancel Expire Date"
(XX/XX/XXXX). Under Regulation Z, funds may not be disbursed to the borrower until the expiration of the rescission period. (12 CFR 1026.23(c) and Official Staff Commentary) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Received new RTC. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CT
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031017
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Condo Master Insurance Policy
|
Resolved-Condo Master Insurance Policy provided. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Condo Master Insurance Policy is fully present - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-mast haz - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-ho6 CURRENT - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-ho6 RENEW - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Condo Master Insurance Policy Master Policy is missing in the Loan Package - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Condo Master Insurance Policy provided. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Condo Master Insurance Policy is fully present - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
MD
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031017
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
2 - Non-Material
|
Compliance
|
Late:Grace
|
Maryland - Minimum Grace Period (Interest & Usury)
|
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX
|
MD
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031021
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements
|
Resolved-Received signed tax returns. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements As per GL section Income and Asset
documentation, 2 year’s signed tax returns are required however personal and business tax returns provided for year XXXX and XXXX in file are not signed. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received signed tax returns. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
CO
|
Primary Residence
|
Refinance
|
Cash Out - Debt Consolidation
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031021
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Income/Employment
|
Borrower 1 Tax Returns Not Signed
|
Resolved-Received signed tax returns. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-XXXX and XXXX pers sign pages - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-business ret sig pages - Due Diligence Vendor-XX/XX/XXXX
Open-Borrower 1 Tax Returns Not Signed As per GL section Income and Asset documentation, 2 year’s signed tax returns are required however
personal and business tax returns provided for year XXXX and XXXX in file are not signed. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received signed tax returns. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CO
|
Primary Residence
|
Refinance
|
Cash Out - Debt Consolidation
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031032
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing VOM or VOR
|
Resolved-Lender provided supplemental to show mortgage is current with no lates, condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-VOM - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-VOM - Due Diligence Vendor-XX/XX/XXXX
Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Lender guidelines require mortgage payment history to be
verified to reflect no late payments in the past 6 months (0x30x6) and no more than one times 30 days past due in the last 24 months (1x30x24). The final loan application section 2d reflects an existing 1st lien mortgage loan on the subject
property. This loan is not reporting on the credit report in file. The loan file only has one mortgage statement confirming a one-month payment history. The loan file is missing documentation of the payment history on this loan meeting lender
guideline requirements. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Lender provided supplemental to show mortgage is current with no lates, condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
VA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031032
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Credit History taken into consideration does not meet requirements
|
Resolved-Lender provided supplemental to show mortgage is current with no lates, condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Credit History taken into consideration meets requirements - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Credit History taken into consideration does not meet requirements Lender guidelines require mortgage payment history to be
verified to reflect no late payments in the past 6 months (0x30x6) and no more than one times 30 days past due in the last 24 months (1x30x24). The final loan application section 2d reflects an existing 1st lien mortgage loan on the subject
property. This loan is not reporting on the credit report in file. The loan file only has one mortgage statement confirming a one-month payment history. The loan file is missing documentation of the payment history on this loan meeting lender
guideline requirements. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Lender provided supplemental to show mortgage is current with no lates, condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Credit History taken into consideration meets requirements - Due Diligence Vendor-XX/XX/XXXX
|
VA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031038
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Missing Doc
|
TRID: Missing Loan Estimate
|
Resolved-Received missing LE. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-SEE ATTACHMENT - Due Diligence Vendor-XX/XX/XXXX
Open-The Changed Circumstance and Compliance Check documents in file reflect a Loan Estimate being created on XX/XX/XXXX. The loan file is
missing a copy of this Loan Estimate. Additional conditions may apply once received. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received missing LE. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
TN
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031030
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Borrower 1 Personal Tax Returns Missing
|
Resolved-Received XXXX 1040 with Schedule C supporting monthly income of $X,XXX.XX. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-lox XXXX ret - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-XXXX ret - Due Diligence Vendor-XX/XX/XXXX
Open-Borrower 1 Personal Tax Returns Missing The Borrower is self-employed. The Desktop Underwriter in file allowed for 1 year of personal
and/or business tax returns to be used to document the income. The lender's income calculation worksheet in file reflects the income is Schedule C. Loan file does not contain any income documentation. Loan file is missing a copy of the most
recent 1040 federal tax return. Note: if the self-employment is not Schedule C, then the most recent 1-year business tax return will also be required. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received XXXX 1040 with Schedule C supporting monthly income of $X,XXX.XX. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031030
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements
|
Resolved-Received XXXX 1040 with Schedule C. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements The Borrower is self-employed. The
Desktop Underwriter in file allowed for 1 year of personal and/or business tax returns to be used to document the income. The lender's income calculation worksheet in file reflects the income is Schedule C. Loan file does not contain any
income documentation. Loan file is missing a copy of the most recent 1040 federal tax return. Note: if the self-employment is not Schedule C, then the most recent 1-year business tax return will also be required. - Due Diligence
Vendor-XX/XX/XXXX
|
Resolved-Received XXXX 1040 with Schedule C. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031048
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
2 - Non-Material
|
Compliance
|
Late:Grace
|
Maryland - Minimum Grace Period (Interest & Usury)
|
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX
|
MD
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031028
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-lender provided an explanation in regards of the borrower's signing documents later than the disbursement due pre=dated the
documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see attached - Due Diligence Vendor-XX/XX/XXXX
Open-Borrower signed all the closing documents on XX/XX/XXXX, which is after one month of closing date of XX/XX/XXXX, kindly provide the
explanation why the final CD was dated almost a month after funding. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-lender provided an explanation in regards of the borrower's signing documents later than the disbursement due pre=dated the
documents. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NC
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031035
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
2 - Non-Material
|
Compliance
|
Late:Grace
|
Maryland - Minimum Grace Period (Interest & Usury)
|
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX
|
MD
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031037
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Condo Master Insurance Policy
|
Resolved-Received processor certification indicating there was no master policy and received personal HOI policy evidencing sufficient
coverage. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Condo Master Insurance Policy is fully present - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-LOX condo mast - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-HOI - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Condo Master Insurance Policy - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received processor certification indicating there was no master policy and received personal HOI policy evidencing sufficient
coverage. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Condo Master Insurance Policy is fully present - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
MI
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031051
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
XXXXX
|
Fees: Limited
|
Resolved-Lender provided PAR sheet with Loan Detail report showing undiscounted rate. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Hello. Please see attached - Due Diligence Vendor-XX/XX/XXXX
Counter-Received rebuttal. This is a state fail based on 5% of the amount financed, not the loan amount. Lender fees included are Points,
Lock Fee and prepaid interest ($X,XXX.XX, $X,XXX.XX and $X,XXX.XX = $X,XXX.XX). The loan file does not contain documentation related to the Starting Adjusted Rate. Please provide the Rate Stack or disclosure of the SAR (closest to PAR) and the
difference to the selected closing rate OR provide a cure for the amount over the state limit. Condition remains.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Hello. Please see attached. LDR shows loan is 4.990% which is under the 5% - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-This loan has submitted ($X,XXX.XX) fees paid to Lender and ($X,XXX.XX) fees paid to Affiliate which exceeds the threshold ($X,XXX.XX).
The aggregate amount of prepaid finance charges payable to the mortgage company or any person related to such company cannot exceed 5% of the amount financed on covered transactions. (K.S.A. 9-2228(d); Kan. Reg. 75-6-26) - Due Diligence
Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Lender provided PAR sheet with Loan Detail report showing undiscounted rate. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
KS
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031062
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
2 - Non-Material
|
Compliance
|
Late:Grace
|
Maryland - Minimum Grace Period (Interest & Usury)
|
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX
|
MD
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031069
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Credit History taken into consideration does not meet requirements
|
Resolved-Lender provided credit supplemental to show mortgage history for 6 months with no lates to fulfill guideline requirement. condition
resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Credit History taken into consideration meets requirements - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Credit History taken into consideration does not meet requirements Supporting document missing for verify the housing
history - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Lender provided credit supplemental to show mortgage history for 6 months with no lates to fulfill guideline requirement. condition
resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Credit History taken into consideration meets requirements - Due Diligence Vendor-XX/XX/XXXX
|
NC
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031069
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Eligibility
|
Housing History Does Not Meet Guideline Requirements
|
Resolved-Lender provided credit supplemental to show mortgage history for 6 months with no lates to fulfill guideline requirement. condition
resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Housing History Does Not Meet Guideline Requirements Lender provided credit supplemental to show mortgage history for 6 months with
no lates to fulfill guideline requirement. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-CREDIT SUPP (VOM) - Due Diligence Vendor-XX/XX/XXXX
Open-Housing History Does Not Meet Guideline Requirements Ledner Guidelines require Mortgage Payment History of (0x30x6) no late payment in
the last six months; credit report reflects a three month history. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Lender provided credit supplemental to show mortgage history for 6 months with no lates to fulfill guideline requirement. condition
resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Housing History Does Not Meet Guideline Requirements Lender provided credit supplemental to show mortgage history for 6 months
with no lates to fulfill guideline requirement. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NC
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031068
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements
|
Resolved-ATR Risk - Monthly HOI, Taxes, Assessment payments meet requirements - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements Lender provided HOI policy, condition resolved. - Due
Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements The hazard insurance policy in file has an effective date
of XX/XX/XXXX, which is after the subject loan disbursement date. The loan file is missing a copy of the hazard insurance policy that was in effect at time of origination. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-ATR Risk - Monthly HOI, Taxes, Assessment payments meet requirements - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements Lender provided HOI policy, condition resolved. - Due
Diligence Vendor-XX/XX/XXXX
|
RI
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031068
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Insurance
|
Hazard Insurance Effective Date is after the Disbursement Date
|
Resolved-Lender provided HOI policy, condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Hazard Insurance Effective Date of XX/XX/XXXX is prior to or equal to the Disbursement Date of XX/XX/XXXX Or Hazard Insurance
Effective Date Is Not Provided - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-HOI current - Due Diligence Vendor-XX/XX/XXXX
Open- The hazard insurance policy in file has an effective date of XX/XX/XXXX, which is after the subject loan disbursement date. The loan
file is missing a copy of the hazard insurance policy that was in effect at time of origination. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Lender provided HOI policy, condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Hazard Insurance Effective Date of XX/XX/XXXX is prior to or equal to the Disbursement Date of XX/XX/XXXX Or Hazard Insurance
Effective Date Is Not Provided - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
RI
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031070
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
XXXXX
|
VA Fee Not Allowed- Commitment Rate Lock Fee (Fee ID: 83)
|
Cured-Received Letter of Explanation, Amended CD, copy of check and Proof of Delivery to Borrower. Condition cured. The finding will be
deemed non-material. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached - Due Diligence Vendor-XX/XX/XXXX
Counter-Lender provided rebuttal. Section 6.2-328 of the Virginia Interest and Usury Provisions does not allow Commitment (Rate Lock) Fee
(Fee ID: 83) to be charged to the Borrower in VA. Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Hello - Please see attached. Thank you - Due Diligence Vendor-XX/XX/XXXX
Counter-Please re-upload. Nothing was received. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-Section 6.2-328 of the Virginia Interest and Usury Provisions does not allow Commitment (Rate Lock) Fee (Fee ID: 83) to be charged to
the Borrower in VA. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Received Letter of Explanation, Amended CD, copy of check and Proof of Delivery to Borrower. Condition cured. The finding will be
deemed non-material. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
VA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031070
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements
|
Resolved-ATR Risk - Monthly HOI, Taxes, Assessment payments meet requirements - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements Missing document to validate HOA dues of $300 for subject
property. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-ATR Risk - Monthly HOI, Taxes, Assessment payments meet requirements - Due Diligence Vendor-XX/XX/XXXX
|
VA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031070
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-Received condo questionnaire. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-HOA dues - Due Diligence Vendor-XX/XX/XXXX
Open-Missing document to validate HOA dues of $300 for subject property. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received condo questionnaire. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
VA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031070
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Condo Master Insurance Policy
|
Resolved-Received Master Ins doc. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-mast haz - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-ho6 - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Condo Master Insurance Policy - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Master Ins doc. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
VA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031077
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Condo Master Insurance Policy
|
Resolved-Condo Master Insurance Policy is fully present - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-MAST HAZ RENEW - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-HO6 - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-MAST HAZ CURRENT MTGEE NOT REQUIRED TO BE ON MASTER PER XXXXX GUIDEINE - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Condo Master Insurance Policy - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Condo Master Insurance Policy is fully present - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
MA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031074
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements
|
Resolved-Received 1099 which is allowed by the AUS. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements Missing current income documentation to
verify borrower's retirement income. Documentation in file is expired. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received 1099 which is allowed by the AUS. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
SC
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031074
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing income documentation
|
Resolved-Received 1099 which is allowed by the AUS. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-retirement income verif 1099 - Due Diligence Vendor-XX/XX/XXXX
Open-Missing current income documentation to verify borrower's retirement income. Documentation in file is expired. - Due Diligence
Vendor-XX/XX/XXXX
|
Resolved-Received 1099 which is allowed by the AUS. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
SC
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031075
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-Received rebuttal showing this was a home improvement loan and wasn't secured. Additionally, debt was paid off at closing.
Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements Provide verification of what collateral was used
for the home improvement loan/ Home Equity loan showing on the credit report. If it is tied/attached to the subject property, provide proof of cancellation or a signed attestation from title company that there isn't one. If the loan is secured
by a different property, additional conditions will apply, including but not limited to proof of PITIA. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received rebuttal showing this was a home improvement loan and wasn't secured. Additionally, debt was paid off at closing.
Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
MD
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031075
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-Received rebuttal showing this was a home improvement loan and wasn't secured. Additionally, debt was paid off at closing.
Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-LOX HOME IMPROV LOAN - Due Diligence Vendor-XX/XX/XXXX
Open-Provide verification of what collateral was used for the home improvement loan/ Home Equity loan showing on the credit report. If it is
tied/attached to the subject property, provide proof of cancellation or a signed attestation from title company that there isn't one. If the loan is secured by a different property, additional conditions will apply, including but not limited to
proof of PITIA.
- Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received rebuttal showing this was a home improvement loan and wasn't secured. Additionally, debt was paid off at closing.
Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
MD
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031075
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
2 - Non-Material
|
Compliance
|
Late:Grace
|
Maryland - Minimum Grace Period (Interest & Usury)
|
Acknowledged-Investor Acknowledged. This finding is deemed non-material and will be rated an B.
- Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-Investor Acknowledged. This finding is deemed non-material and will be rated an B.
- Due Diligence Vendor-XX/XX/XXXX
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX
|
MD
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031075
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Tolerance:Disclosure
|
Federal - Closing Disclosure and Consummation Date
|
Resolved-Received rebuttal indicating the initial CD dated XX/XX/XXXX was not viewed by the borrower however the XX/XX/XXXX CD was viewed
and acknowledged by the borrower on XX/XX/XXXX. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Hello. Please see attached - Due Diligence Vendor-XX/XX/XXXX
Counter-Received the Disclosure Timeline Summary indicating the CD dated XX/XX/XXXX was sent to the borrower but did not acknowledge it
therefore the mailbox rule applies. The Initial Closing Disclosure was provided on (XX/XX/XXXX) via (XXXXX). Under Regulation Z, a consumer must receive the Initial Closing Disclosure reflecting the actual terms of the transaction not later
than three business days prior to the consummation date of (XX/XX/XXXX). Since the Initial Closing Disclosure was not provided in person, a consumer is considered to have received it on (XX/XX/XXXX), which is three business days after it was
delivered or placed in the mail. Since the Initial Closing Disclosure was not provided to the consumer in person, it should have been provided to the consumer no later than (XX/XX/XXXX), for consummation to occur on (XX/XX/XXXX). (12 CFR
1026.19(f)(1)(ii)(A)); 1026.19(f)(1)(iii)) Initial CD reflects Date Issued of XX/XX/XXXX with no acknowledgment of receipt on the part of the borrower. Mailbox Rule/Presumed Receipt applied and borrower not in receipt of Initial CD 3 business
days prior to consummation of XX/XX/XXXX. No Cure. Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Hello. Please see attached. Per the Disclosure Timeline Summary, the CD dated XX/XX/XXXX was sent to the borrower but did
not acknowledge it - Due Diligence Vendor-XX/XX/XXXX
Open-The Initial Closing Disclosure was provided on (XX/XX/XXXX) via (XXXXX). Under Regulation Z, a consumer must receive the Initial
Closing Disclosure reflecting the actual terms of the transaction not later than three business days prior to the consummation date of (XX/XX/XXXX). Since the Initial Closing Disclosure was not provided in person, a consumer is considered to
have received it on (XX/XX/XXXX), which is three business days after it was delivered or placed in the mail. Since the Initial Closing Disclosure was not provided to the consumer in person, it should have been provided to the consumer no later
than (XX/XX/XXXX), for consummation to occur on (XX/XX/XXXX). (12 CFR 1026.19(f)(1)(ii)(A)); 1026.19(f)(1)(iii)) Initial CD reflects Date Issued of XX/XX/XXXX with no acknowledgment of receipt on the part of the borrower. Mailbox Rule/Presumed
Receipt applied and borrower not in receipt of Initial CD 3 business days prior to consummation of XX/XX/XXXX. No Cure. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received rebuttal indicating the initial CD dated XX/XX/XXXX was not viewed by the borrower however the XX/XX/XXXX CD was viewed
and acknowledged by the borrower on XX/XX/XXXX. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
MD
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031082
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements
|
Resolved-Lender provided SS Letter, which also present in the loan file. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-UPLOADED TO CREDIT COND - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements The Borrower was qualified with income
from social security. The lender grossed up the entire amount of the social security benefit for qualification. XXXXX guidelines allow for 15% of the social security benefit to be grossed up without documentation. The loan file is missing
documentation confirming that none of the social security benefit is taxable, which would allow for the entire amount of the benefit to be grossed up. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Lender provided SS Letter, which also present in the loan file. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Current Income or Current Assets were considered - Due Diligence Vendor-XX/XX/XXXX
|
MD
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031082
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Proof of Other Income - Pension, Retirement, Disability (Borrower)
|
Resolved-Lender provided SS Letter, which also present in the loan file. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-SS AWARDS LTR - Due Diligence Vendor-XX/XX/XXXX
Open-There is no verification of the other income used to qualify. There should be an award letter/pension letter or current 1099 for
Borrower1's other retirement, pension, disability type of income in file. The Borrower was qualified with income from social security. The lender grossed up the entire amount of the social security benefit for qualification. XXXXX guidelines
allow for 15% of the social security benefit to be grossed up without documentation. The loan file is missing documentation confirming that none of the social security benefit is taxable, which would allow for the entire amount of the benefit
to be grossed up. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Lender provided SS Letter, which also present in the loan file. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
MD
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031082
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
2 - Non-Material
|
Compliance
|
Late:Grace
|
Maryland - Minimum Grace Period (Interest & Usury)
|
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX
|
MD
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031098
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Credit History taken into consideration does not meet requirements
|
Resolved-Received VOM. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Credit History taken into consideration meets requirements - Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Credit History taken into consideration does not meet requirements due to missing Mortgage history for 1st lien shows
(0x30x6) no late payment in the past 6 months or (1x30x24) no more than one (1) times 30 days past due in the last 24 months. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received VOM. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Credit History taken into consideration meets requirements - Due Diligence Vendor-XX/XX/XXXX
|
TN
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031098
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Eligibility
|
Housing History Does Not Meet Guideline Requirements
|
Resolved-Received VOM. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-vom - Due Diligence Vendor-XX/XX/XXXX
Open-Housing History Does Not Meet Guideline Requirements The Housing history does not meet for Guidelines requirements due the 1st lien on
the subject property is not reflecting on the credit report. Per guidelines Mortgage Payment History
• (0x30x6) no late payments in the past 6 months or
• (1x30x24) no more than one (1) times 30 days past due in the last 24 months - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received VOM. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
TN
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031094
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-Lender provided XXXXX Installment Statement showing payment and balance. Also provided Note for 1st Lien to show balance and
payment. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements 1) Please provide evidence of debt balance and
monthly payment for liability # 1 listed on the Final 1003. Additional conditions may apply.
2) Please provide current mortgage statement for 1st lien listed on Final 1003 for Primary Residence. Additional conditions may apply. - Due
Diligence Vendor-XX/XX/XXXX
|
Resolved-Lender provided XXXXX Installment Statement showing payment and balance. Also provided Note for 1st Lien to show balance and
payment. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
|
IN
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031094
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-Lender provided XXXXX Installment Statement showing payment and balance. Also provided Note for 1st Lien to show balance and
payment. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-LOAN STMT - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-MTG NOTE - Due Diligence Vendor-XX/XX/XXXX
Open-1) Please provide evidence of debt balance and monthly payment for liability # 1 listed on the Final 1003. Additional conditions may
apply.
2) Please provide current mortgage statement for 1st lien listed on Final 1003 for Primary Residence. Additional conditions may apply. - Due
Diligence Vendor-XX/XX/XXXX
|
Resolved-Lender provided XXXXX Installment Statement showing payment and balance. Also provided Note for 1st Lien to show balance and
payment. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
IN
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031097
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Property
|
Value
|
Missing Valuation Review Product - 1
|
Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Received second appraisal. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-2nd valuation - Due Diligence Vendor-XX/XX/XXXX
Open-A valid secondary valuation supporting the origination appraisal value is not present. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Received second appraisal. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
IL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031118
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Tolerance:Disclosure
|
Federal - Closing Disclosure Total of Payments Foreclosure Rescission Tolerance
|
Resolved-Non subject property address resolved. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The disclosed Total of Payments ($X,XXX.XX) is understated by more than $X,XXX.XX when compared to the actual Total of Payments of
($X,XXX.XX). The difference is ($X,XXX.XX). After the initiation of foreclosure on the consumer's principal dwelling that secures the credit obligation, Regulation Z considers the disclosed Total of Payments inaccurate if it is understated by
more than $X,XXX.XX. (12 CFR 1026.23(h)(2)(ii)) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Non subject property address resolved. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX
|
CT
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031118
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Interest:Accrual
|
Connecticut - Interest Rate Accrual (XX/XX/XXXX)
|
Resolved-Non subject property address resolved. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The Connecticut Truth in Lending Act prohibits the accrual of interest prior to the expiration of the 3-business day rescission period
on a non-purchase money loan secured by a 1-4 unit primary residence. Interest on this loan begins to accrue on (XX/XX/XXXX) which is prior to the expiration of the 3-business day rescission period of (XX/XX/XXXX). (Conn. Gen. Stat.
36a-683(j)(4)(A); 15 USC 1601 et seq.) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Non subject property address resolved. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX
|
CT
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031118
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Tolerance:Disclosure
|
Federal - Closing Disclosure Total of Payments Rescission Tolerance
|
Resolved-Non subject property address resolved. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The disclosed Total of Payments ($X,XXX.XX) is understated by more than the greater of $X,XXX.XX or 1/2 of 1% of the note amount when
compared to the actual Total of Payments of ($X,XXX.XX). The difference is ($X,XXX.XX). For loans subject to the right of rescission, Regulation Z considers the disclosed Total of Payments inaccurate if it is understated by more than 1/2 of 1
percent of the face amount of the note ($X,XXX.XX) or $X,XXX.XX whichever is greater. (12 CFR 1026.23(g)(1)(ii)) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Non subject property address resolved. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX
|
CT
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031118
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Tolerance:Disclosure
|
Federal - Closing Disclosure Total of Payments Disclosure Tolerance
|
Resolved-Non subject property address resolved. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The disclosed Total of Payments ($X,XXX.XX) is understated by more than $X,XXX.XX when compared to the actual Total of Payments
($X,XXX.XX). The difference is ($X,XXX.XX). Regulation Z considers the disclosed Total of Payments inaccurate if it understated by more than $X,XXX.XX. (12 CFR 1026.38(o)(1)) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Non subject property address resolved. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX
|
CT
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031118
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Interest:Accrual
|
Connecticut - Interest Rate Accrual (CT TIL)
|
Resolved-Non subject property address resolved. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The Connecticut Truth in Lending Act prohibits the accrual of interest prior to the loan disbursement date on a non-purchase money loan
secured by a 1-4 unit primary residence. Interest on this loan begins to accrue on (XX/XX/XXXX) which is prior to the loan disbursement date of (XX/XX/XXXX). (Conn. Gen. Stat. 36a-683(j)(4)(A); 15 USC 1601 et seq.) - Due Diligence
Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Non subject property address resolved. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX
|
CT
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031118
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Condo Master Insurance Policy
|
Resolved-Non subject property address resolved. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Condo Master Insurance Policy is fully present - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-master haz - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Condo Master Insurance Policy - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Non subject property address resolved. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Condo Master Insurance Policy is fully present - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CT
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031118
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Hazard Insurance Policy is Missing
|
Resolved-Non subject property address resolved. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-mast haz - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-HO6 current - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-HO6 renew - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Hazard Insurance Policy - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Non subject property address resolved. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CT
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031118
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Property
|
Missing Doc
|
Missing Appraisal (Property)
|
Resolved-Non subject property address resolved. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Appraisal or other primary valuation product was provided - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-avm 1 - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-avm 2 - Due Diligence Vendor-XX/XX/XXXX
Open-Appraisal or other primary valuation product is missing - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Non subject property address resolved. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Appraisal or other primary valuation product was provided - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CT
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031118
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Property
|
Value
|
Missing Post Close Valuation - 1
|
Resolved-Non subject property address resolved. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-avm 1 - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-avm 2 - Due Diligence Vendor-XX/XX/XXXX
Open-A valid secondary valuation supporting the origination appraisal value is not present. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Non subject property address resolved. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CT
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031118
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Eligibility
|
Housing History Does Not Meet Guideline Requirements
|
Resolved-Non subject property address resolved. Received housing history. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-vom - Due Diligence Vendor-XX/XX/XXXX
Open-Housing History Does Not Meet Guideline Requirements Missing VOM for subject property and REO. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Non subject property address resolved. Received housing history. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CT
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031118
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Final Application (1003)
|
Resolved-Non subject property address resolved. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-The Final 1003 is Present - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-final 1003 - Due Diligence Vendor-XX/XX/XXXX
Open-The Final 1003 is Missing - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Non subject property address resolved. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-The Final 1003 is Present - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CT
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031118
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-Non subject property address resolved. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Counter-Received 1008 for XXXXX property address. Provide the 1008 and corrected 1003 for the subject address XXXXX. - Due Diligence
Vendor-XX/XX/XXXX
Ready for Review-updated 1008 escrows included - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements 1003 reflects additional primary residence with
$X,XXX.XX/monthly mortgage payment and $666/monthly Taxes/Insurance for a total of $X,XXX.XX/month not included in DTI. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Non subject property address resolved. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CT
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031118
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
The Note is Missing
|
Resolved-Non subject property address resolved. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-The Note is Present - Due Diligence Vendor-XX/XX/XXXX
Open-The Note is Missing - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Non subject property address resolved. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-The Note is Present - Due Diligence Vendor-XX/XX/XXXX
|
CT
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031118
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Occupancy LOI/LOE
|
Resolved-Non subject property address resolved. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Occupancy LOI/LOE Loan file #XXXX has property address "XXXX XXXXX XX" in 1008, 1003, Note, Security instrument, AVMs, CDs,tax
cert and insurance docs.
But in disclosures such as LEs, homeownership counselling, AFBA showing property address as "XXXX XXXXX XX" with loan number #XXXX (which
matches with seller loan ID in Tape data"). In XXXX XXXXX XX is mentioned as Primary residence.
So that here documents regarding occupancy LOI/LOE are missing - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Non subject property address resolved. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
CT
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031118
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Missing Doc
|
TRID: Missing Closing Disclosure
|
Resolved-Non subject property address resolved. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Open-The loan file only contains a CD dated XX/XX/XXXX. Please provide all other CDs. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Non subject property address resolved. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
CT
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031118
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Credit History taken into consideration does not meet requirements
|
Resolved-Non subject property address resolved. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Counter-Received mortgage statements for XXXXX property. Provide VOM for the subject (XXXXX) and REO (XXXXX). - Due Diligence
Vendor-XX/XX/XXXX
Ready for Review-vom - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Credit History taken into consideration does not meet requirements Missing VOM for subject property and REO. - Due Diligence
Vendor-XX/XX/XXXX
|
Resolved-Non subject property address resolved. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CT
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031118
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Eligibility
|
Audited DTI Exceeds Guideline DTI
|
Resolved-Non subject property address resolved. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Counter-Updates will be made for all related conditions up receipt/review of the condition document for the Occupancy LOI/LOE. All
conditions remain until occupancy discordancy is addressed. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-lox address subject property - Due Diligence Vendor-XX/XX/XXXX
Open-Audited DTI of 68.76% exceeds Guideline DTI of 50% 1003 reflects additional primary residence with $X,XXX.XX/monthly mortgage payment
and $666/monthly Taxes/Insurance for a total of $X,XXX.XX/month not included in DTI. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Non subject property address resolved. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CT
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031118
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Mortgage/Deed of Trust
|
Resolved-Non subject property address resolved. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Counter-Received Deed for XXXXX property address. Provide the 1008 for the subject address XXXXX. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-deed of trust - Due Diligence Vendor-XX/XX/XXXX
Open-The Deed of Trust is Missing - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Non subject property address resolved. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CT
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031118
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-Non subject property address resolved. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-lox address subject property - Due Diligence Vendor-XX/XX/XXXX
Open-For property address "XXXX XXXXX XX, 1008, 1003, Note, Security instrument, AVMs, CDs,tax cert and insurance docs are missing. - Due
Diligence Vendor-XX/XX/XXXX
|
Resolved-Non subject property address resolved. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CT
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031118
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Borrower 1 Executed 4506-T Missing
|
Resolved-Non subject property address resolved. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-4506C - Due Diligence Vendor-XX/XX/XXXX
Open-Borrower 1 Executed 4506-T Missing - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Non subject property address resolved. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CT
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031118
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing 1008 or Underwriter Approval
|
Resolved-Non subject property address resolved. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-lox subject property - Due Diligence Vendor-XX/XX/XXXX
Counter-Received 1008 for XXXXX property address. Provide the 1008 for the subject address XXXXX. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-1008 - Due Diligence Vendor-XX/XX/XXXX
Open-The final 1008 is missing from the loan file. Missing 1008 for subject property. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Non subject property address resolved. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CT
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031118
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Title Document Missing
|
Resolved-Non subject property address resolved. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Title Document is not Missing - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-LOX TITLE REPORT - Due Diligence Vendor-XX/XX/XXXX
Open-Title Document is missing - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Non subject property address resolved. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Title Document is not Missing - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CT
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031110
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Borrower 4 Credit Report is Missing
|
Resolved-Received correct Note with only borrower 1 and borrower 2. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please review docs uploaded to condition ID XXXX - Due Diligence Vendor-XX/XX/XXXX
Counter-Received rebuttal indicating there are only 2 borrowers and the original owners are deceased. The Note is signed by 4 individuals,
and each are identified as "Borrower". You can provide an Amended Note to remove the non-borrowers. Additional conditions may apply. Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-lox borrowers - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-executor deed - Due Diligence Vendor-XX/XX/XXXX
Open-Borrower 4 Credit Report is Missing. The subject loan Note was signed by 4 individuals. The loan file is missing a credit report for
Borrower 4. Additional conditions may apply upon receipt. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received correct Note with only borrower 1 and borrower 2. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NC
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031110
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Borrower 3 Credit Report is Missing
|
Resolved-Received correct Note with only borrower 1 and borrower 2. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please review docs uploaded to condition ID XXXX - Due Diligence Vendor-XX/XX/XXXX
Counter-Received rebuttal indicating there are only 2 borrowers and the original owners are deceased. The Note is signed by 4 individuals,
and each are identified as "Borrower". You can provide an Amended Note to remove the non-borrowers. Additional conditions may apply. Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-lox borrowers - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-executor deed - Due Diligence Vendor-XX/XX/XXXX
Open-Borrower 3 Credit Report is Missing. The subject loan Note was signed by 4 individuals. The loan file is missing a loan application
for Borrower 3. Additional conditions may apply upon receipt. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received correct Note with only borrower 1 and borrower 2. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NC
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031110
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Incomplete Final Application
|
Resolved-Received correct Note with only borrower 1 and borrower 2. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please review the attached, revised docs to support that there are only 2 borrowers. - Due Diligence Vendor-XX/XX/XXXX
Counter-Received rebuttal indicating there are only 2 borrowers and the original owners are deceased. The Note is signed by 4 individuals,
and each are identified as "Borrower". You can provide an Amended Note to remove the non-borrowers. Additional conditions may apply. Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-EXEC DEED - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-lox borrowers - Due Diligence Vendor-XX/XX/XXXX
Open-The Final 1003 is Incomplete The subject loan Note was signed by 4 individuals. The loan file only contains a Loan Application for
Borrower 1 and Borrower 2. File is missing a loan application for Borrower 3 and Borrower 4. Additional conditions may apply upon receipt. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received correct Note with only borrower 1 and borrower 2. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NC
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031110
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
Rescission:Disbursement
|
Federal - Right of Rescission (Loan Disbursement Violation) (TILA)
|
Cured-Received RTC and proof of delivery. Reopened rescission cancellation date has expired. Condition cured. The finding will be deemed
non-material.
- Due Diligence Vendor-XX/XX/XXXX
Open-The loan disbursement date (XX/XX/XXXX) is earlier than, or the same day as, the calculated "Right to Cancel Expire Date" (XX/XX/XXXX).
Under Regulation Z, funds may not be disbursed to the borrower until after the expiration of the rescission period. (Reg Z, 12 CFR 1026.23(c) and Official Staff Commentary) The loan file contains Notice of Right To Cancel forms for four
individuals. Two of the individuals signed the acknowledgement of receipt of the document and dated it the same day that the subject loan closed. The other two individuals signed the acknowledgement of receipt of the document and used a date
of XX/XX/XXXX, which was after the subject loan disbursed. Based on the XX/XX/XXXX receipt date, the borrowers had a right to cancel the transaction until XX/XX/XXXX. The subject loan disbursed prior to this date, which did not give the
borrowers a full 3 days rescission. Provide Letter of Explanation, Re-Disclose Correct Information, Proof of Borrower Receipt, and Re-open Rescission. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Received RTC and proof of delivery. Reopened rescission cancellation date has expired. Condition cured. The finding will be deemed
non-material.
- Due Diligence Vendor-XX/XX/XXXX
|
NC
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031110
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
Rescission:Variance
|
Federal - Right of Rescission Variance Failure (TILA)
|
Cured-Received proof of delivery. Reopened rescission cancellation date has expired. Condition cured. The finding will be deemed
non-material.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Delivery Receipt - Due Diligence Vendor-XX/XX/XXXX
Counter-Received letter of explanation and re-disclosed RTC with cancellation date of EOD XX/XX/XXXX. Please provide proof of receipt when
available. Condition will be cured upon receiving evidence of receipt and after expiration of reopened rescission. Condition remains.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Attached for review - Due Diligence Vendor-XX/XX/XXXX
Open-The disclosed "Right to Cancel Expire Date" (XX/XX/XXXX) is earlier than the system calculated "Right to Cancel Expire Date"
(XX/XX/XXXX). Under Regulation Z, funds may not be disbursed to the borrower until the expiration of the rescission period. (12 CFR 1026.23(c) and Official Staff Commentary) The loan file contains Notice of Right To Cancel forms for four
individuals. Two of the individuals signed the acknowledgement of receipt of the document and dated it the same day that the subject loan closed. The other two individuals signed the acknowledgement of receipt of the document and used a date
of XX/XX/XXXX, which was after the subject loan disbursed. Based on the XX/XX/XXXX receipt date, the borrowers had a right to cancel the transaction until XX/XX/XXXX. The subject loan disbursed prior to this date. - Due Diligence
Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Received proof of delivery. Reopened rescission cancellation date has expired. Condition cured. The finding will be deemed
non-material.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NC
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031125
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Evidence of Property Tax Missing
|
Resolved-Lender provided XXXX county/town, and XXXX school taxes are exempted due to Veteran's exemptions. condition resolved. - Due
Diligence Vendor-XX/XX/XXXX
Resolved-Evidence of Property Tax is present - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-lox tax - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-tax cert - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Evidence of Property Tax for the subject property - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Lender provided XXXX county/town, and XXXX school taxes are exempted due to Veteran's exemptions. condition resolved. - Due
Diligence Vendor-XX/XX/XXXX
Resolved-Evidence of Property Tax is present - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
PA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031126
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
Fees:Limited
|
Virginia - 5% Maximum Fees Allowed (Junior Liens, Closed End)
|
Cured-Received copy of refund check. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
Cured-Received a copy of the refund check. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see attached - Due Diligence Vendor-XX/XX/XXXX
Counter-Received Letter of Explanation, Corrected PCCD, and Proof of Delivery to Borrower. Please provide copy of check once available and
condition will be Cured and downgraded. Condition maintained.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see attached check request pkg - Due Diligence Vendor-XX/XX/XXXX
Counter-The "loan fee" ($X,XXX.XX) exceeds the Virginia Interest and Usury provisions 5% limit ($X,XXX.XX) on a junior lien closed end loan.
The "loan fee" includes points, broker fees, origination fees, and similar fees, including prepaid interest and interest due on a prior loan. The exception can be cured by refunding $X,XXX.XX. Provided Letter of Explanation, Proof of Refund,
Corrected PCCD, and Proof of Delivery to Borrower. The loan amount in this loan is $X,XXX.XX and 5% of the loan amount is $X,XXX.XX. The fees included total $X,XXX.XX which includes the fees in Section A + Prepaid Interest. Condition remains. -
Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Hello. Please advise what's needed to clear this condition - Due Diligence Vendor-XX/XX/XXXX
Escalated-Issue has been escalated to XXXXX for review, and we are awaiting a resolution.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please clarify, condition states that threshold is $X,XXX.XX and fees charges are $X,XXX.XX. - Due Diligence
Vendor-XX/XX/XXXX
Escalated-The "loan fee" ($X,XXX.XX) exceeds the Virginia Interest and Usury provisions 5% limit ($X,XXX.XX) on a junior lien closed end
loan. The "loan fee" includes points, broker fees, origination fees, and similar fees, including prepaid interest and interest due on a prior loan. (VA Code Ann. 6.2-327; VA Code Ann. 6.2-328) Per WV Code 31-17-8(m)(4): If no yield spread
premium is charged, the aggregate of fees, compensation or points can be no greater than five percent of the loan amount financed. The regulation does not specifically state the 5% cap is applied only to lender fees. - Due Diligence
Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Received copy of refund check. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
Cured-Received a copy of the refund check. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
VA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031126
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Mortgage Riders - 1-4 Family Rider
|
Resolved-Property Type is SFR/PUD. 1-4 Fam Rider not required. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Hello. Please see attached AVM & Property showing this is a single-family home PUD - Due Diligence Vendor-XX/XX/XXXX
Open-1-4 Family Rider is Missing, also Rider check box not checked, kindly provide updated DOT. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Property Type is SFR/PUD. 1-4 Fam Rider not required. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
VA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031133
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements
|
Resolved-ATR Risk - Monthly HOI, Taxes, Assessment payments meet requirements - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements Lender provided 1st lien mortgage statement, which
shows the breakdown of P&I with escrows included. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements The first lien mortgage on the subject property lists a
$X,XXX.XX month payment on the credit report. The Lender used this payment as PITI. The loan file is missing documentation to validate this is a PITI payment and showing a breakdown of the principal and interest portion of the 1st lien
payment. Note: the loan file does not contain a mortgage statement for the 1st lien loan. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-ATR Risk - Monthly HOI, Taxes, Assessment payments meet requirements - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements Lender provided 1st lien mortgage statement, which
shows the breakdown of P&I with escrows included. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
TN
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031133
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-Lender provided 1st lien mortgage statement, which shows the breakdown of P&I with escrows included. condition resolved. - Due
Diligence Vendor-XX/XX/XXXX
Ready for Review-mTg STMT SHOWS piti AS THE $798. We just did not break down - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-MTG STMT - Due Diligence Vendor-XX/XX/XXXX
Open-The first lien mortgage on the subject property lists a $X,XXX.XX month payment on the credit report. The Lender used this payment as
PITI. The loan file is missing documentation to validate this is a PITI payment and showing a breakdown of the principal and interest portion of the 1st lien payment. Note: the loan file does not contain a mortgage statement for the 1st lien
loan. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Lender provided 1st lien mortgage statement, which shows the breakdown of P&I with escrows included. condition resolved. - Due
Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
TN
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031134
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-Received evidence of debt. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-XXXXX debt - Due Diligence Vendor-XX/XX/XXXX
Open-Missing documentation to confirm balance and payment for XXXXX installment, account number ending XXXX, disclosed on the 1003. - Due
Diligence Vendor-XX/XX/XXXX
|
Resolved-Received evidence of debt. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
KY
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031139
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
Fees:Limited
|
Virginia - 5% Maximum Fees Allowed (Junior Liens, Closed End)
|
Cured-Evidence of Cure with Delivery received. Condition has been cured. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached - Due Diligence Vendor-XX/XX/XXXX
Counter-XXXXX results confirmed. The "loan fee" ($X,XXX.XX) exceeds the Virginia Interest and Usury provisions 5% limit ($X,XXX.XX) on a
junior lien closed end loan. The "loan fee" includes points, broker fees, origination fees, and similar fees, including prepaid interest and interest due on a prior loan. (VA Code Ann. 6.2-327; VA Code Ann. 6.2-328)
Fees included in the $X,XXX.XX figure are 3.181% Points $X,XXX.XX, Loan Fee $X,XXX.XX and Prepaid Interest $X,XXX.XX. The cure amount is
$X,XXX.XX. Please provide evidence of the cure and delivery to the borrower. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Can I please get an update on this condition? - Due Diligence Vendor-XX/XX/XXXX
Escalated-Issue has been escalated to XXXXX for review, and we are awaiting a resolution. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Hello, please see attached. If your fees do not match, please provide your calculations and fees used in your calculations.
- Due Diligence Vendor-XX/XX/XXXX
Escalated-Issue has been escalated to XXXXX for review, and we are awaiting a resolution.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please advise on what is required to clear this exception. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please clarify, condition states that threshold is $X,XXX.XX and fees charges are $X,XXX.XX. - Due Diligence
Vendor-XX/XX/XXXX
Open-The "loan fee" ($X,XXX.XX) exceeds the Virginia Interest and Usury provisions 5% limit ($X,XXX.XX) on a junior lien closed end loan.
The "loan fee" includes points, broker fees, origination fees, and similar fees, including prepaid interest and interest due on a prior loan. (VA Code Ann. 6.2-327; VA Code Ann. 6.2-328) Per WV Code 31-17-8(m)(4): If no yield spread premium is
charged, the aggregate of fees, compensation or points can be no greater than five percent of the loan amount financed. The regulation does not specifically state the 5% cap is applied only to lender fees - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Evidence of Cure with Delivery received. Condition has been cured. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
VA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031131
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Fees:Limited
|
Texas - Maximum Fees Allowed (Starting Adjusted Rate and Bona Fide Decrease)
|
Resolved-Received evidence of undiscounted rate. Discount determined Bonafide. Condition resolved.
- Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Hello. Please see attached - Due Diligence Vendor-XX/XX/XXXX
Counter-Review fees from Lender's 2% and Audit 2%, Lender removed $X,XXX.XX discount points from calculations, Total fees are $X,XXX.XX,
which need a cure for $X,XXX.XX. Provide Letter of Explanation, Proof of Refund of $X,XXX.XX, Corrected PCCD, and Proof of Delivery to Borrower - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-2% worksheet for review - Due Diligence Vendor-XX/XX/XXXX
Open-The Texas Constitution prohibits fees from exceeding 2% of the principal balance on a non-purchase money loan. (Tex. Const. Art. 16
Sec. 50(a)(6)(E); 7 TX ADC Sec. 153.5) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received evidence of undiscounted rate. Discount determined Bonafide. Condition resolved.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031131
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Enterprise:FeeLimits
|
ER - Texas Constitution 2% Fee Limit (Starting Adjusted Rate and Bona Fide Decrease)
|
Resolved-Received evidence of undiscounted rate. Discount determined Bonafide. Condition resolved.
- Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Hello. Please see attached - Due Diligence Vendor-XX/XX/XXXX
Counter-Review fees from Lender's 2% and Audit 2%, Lender removed $X,XXX.XX discount points from calculations, Total fees are $X,XXX.XX,
which need a cure for $X,XXX.XX. Provide Letter of Explanation, Proof of Refund of $X,XXX.XX, Corrected PCCD, and Proof of Delivery to Borrower - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-2% worksheet for review - Due Diligence Vendor-XX/XX/XXXX
Open-The Texas Constitution prohibits fees from exceeding 2% of the principal balance on a non-purchase money loan. (Tex. Const. Art. 16
Sec. 50(a)(6)(E); 7 TX ADC Sec. 153.5) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received evidence of undiscounted rate. Discount determined Bonafide. Condition resolved.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031144
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Credit History taken into consideration does not meet requirements
|
Resolved-Lender provided primary residence Mortgage Statements for 12 months to shows payments were current with no lates. Condition
resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Credit History taken into consideration meets requirements - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Credit History taken into consideration does not meet requirements Housing History Does Not Meet Guideline Requirements -
Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Lender provided primary residence Mortgage Statements for 12 months to shows payments were current with no lates. Condition
resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Credit History taken into consideration meets requirements - Due Diligence Vendor-XX/XX/XXXX
|
TN
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031144
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Eligibility
|
Housing History Does Not Meet Guideline Requirements
|
Resolved-Lender provided primary residence Mortgage Statements for 12 months to shows payments were current with no lates. Condition
resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-vom - Due Diligence Vendor-XX/XX/XXXX
Open-Housing History Does Not Meet Guideline Requirements - Due Diligence Vendor-XX/XX/XXXX
|
Missing subject property mortgage payment history. Additional conditions may apply. - XX/XX/XXXX
|
Resolved-Lender provided primary residence Mortgage Statements for 12 months to shows payments were current with no lates. Condition
resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
TN
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031142
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
XXXXX
|
VA Fee Not Allowed- Commitment Rate Lock Fee (Fee ID: 83)
|
Cured-Received PCCD with evidence of cure by way of Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to
Borrower. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-attach copy of check request - Due Diligence Vendor-XX/XX/XXXX
Open-Section 6.2-328 of the Virginia Interest and Usury Provisions does not allow Commitment (Rate Lock) Fee (Fee ID: 83) to be charged to
the Borrower in VA. The borrower was charged a Lock Fee of $X,XXX.XX at origination. Provide Letter of Explanation, Proof of Refund of the $X,XXX.XX, Corrected PCCD, and Proof of Delivery to Borrower. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Received PCCD with evidence of cure by way of Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to
Borrower. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
Invalid Finding captured as per the document
|
VA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031157
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-Lender provided current mortgage statement for the 1st lien. condition resolved - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements Please provide current mortgage statement for 1st
lien listed on Final 1003 for Primary Residence. Additional conditions may apply. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Lender provided current mortgage statement for the 1st lien. condition resolved - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
|
FL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031157
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-Lender provided current mortgage statement for the 1st lien. condition resolved - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-mtg statemennt - Due Diligence Vendor-XX/XX/XXXX
Open-Please provide current mortgage statement for 1st lien listed on Final 1003 for Primary Residence. Additional conditions may apply. -
Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Lender provided current mortgage statement for the 1st lien. condition resolved - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
FL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031158
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Condo Master Insurance Policy
|
Resolved-Lender provided Condo H06 policy. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Condo Master Insurance Policy is fully present - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-master haz - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-HO6 - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Condo Master Insurance Policy - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Lender provided Condo H06 policy. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Condo Master Insurance Policy is fully present - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
KY
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030722
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements
|
Resolved-ATR Risk - Monthly HOI, Taxes, Assessment payments meet requirements - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements Lender provided HOI policy with Condo H06. condition
resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-UPLOADED TO CREDIT COND - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-ATR Risk - Monthly HOI, Taxes, Assessment payments meet requirements - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements Lender provided HOI policy with Condo H06. condition
resolved. - Due Diligence Vendor-XX/XX/XXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030722
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Eligibility
|
Housing History Does Not Meet Guideline Requirements
|
Resolved-Lender provided credit supplemental to show primary residence mortgage history. condition resolved. - Due Diligence
Vendor-XX/XX/XXXX
Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-VOM - Due Diligence Vendor-XX/XX/XXXX
Open-Housing History Does Not Meet Guideline Requirements Missing subject mortgage payment history. Additional conditions may apply. - Due
Diligence Vendor-XX/XX/XXXX
|
Resolved-Lender provided credit supplemental to show primary residence mortgage history. condition resolved. - Due Diligence
Vendor-XX/XX/XXXX
Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030722
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Insurance
|
Hazard Insurance Shortfall
|
Resolved-Lender provided HOI policy with Condo H06. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Hazard Insurance Coverage Amount of $X,XXX.XX is equal to or greater than Total Amount of Subject Lien(s) or Guaranteed Replacement
Coverage is present - Due Diligence Vendor-XX/XX/XXXX
Open-Hazard Insurance Coverage Amount of $X,XXX.XX is less than Total Amount of Subject Lien(s) of $X,XXX.XX - Due Diligence
Vendor-XX/XX/XXXX
|
Resolved-Lender provided HOI policy with Condo H06. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Hazard Insurance Coverage Amount of $X,XXX.XX is equal to or greater than Total Amount of Subject Lien(s) or Guaranteed
Replacement Coverage is present - Due Diligence Vendor-XX/XX/XXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030722
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Condo Master Insurance Policy
|
Resolved-Lender provided HOI policy with Condo H06. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Condo Master Insurance Policy is fully present - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-MAST HAZ - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Condo Master Insurance Policy - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Lender provided HOI policy with Condo H06. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Condo Master Insurance Policy is fully present - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030722
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
HO6 Insurance Policy is Partial
|
Resolved-Lender provided HOI policy with Condo H06. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-HO-6 Insurance Policy is fully present - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-ho6 PREMIUM - Due Diligence Vendor-XX/XX/XXXX
Open-HO-6 Insurance Policy Partially Provided Missing HO-6 Policy premium. Additional conditions may apply. - Due Diligence
Vendor-XX/XX/XXXX
|
Resolved-Lender provided HOI policy with Condo H06. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-HO-6 Insurance Policy is fully present - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031163
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing proof of residency status for Non-US Citizen (Borrower 1)
|
Resolved-Received Permanent Resident card. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-resident alien card - Due Diligence Vendor-XX/XX/XXXX
Open-Missing proof of residency status for Non-US Citizen (Borrower 1) - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Permanent Resident card. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CT
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031173
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-Hazard Insurance Coverage Amount evidenced on the Master is equal to or greater than Total Amount of Subject Lien(s) or Guaranteed
Replacement Coverage is present. Condition Resolved. - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements The total of the unpaid balance of the 1st lien
on the subject property and the subject loan is $X,XXX.XX. Based on the documentation in file, $X,XXX.XX is the minimum coverage required. The homeowner's insurance policy in file reflects coverage of $X,XXX.XX. The loan file reflects the
subject property is in a PUD. The homeowner's policy in file is a condominium policy. If the HOA provides coverage for the subject property, a copy of the HOA master policy is needed and is not in the loan file. Evidence of sufficient
coverage for the subject property is required. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Hazard Insurance Coverage Amount evidenced on the Master is equal to or greater than Total Amount of Subject Lien(s) or Guaranteed
Replacement Coverage is present. Condition Resolved. - Due Diligence Vendor-XX/XX/XXXX
|
NJ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031173
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Insurance
|
Hazard Insurance Shortfall
|
Resolved-Hazard Insurance Coverage Amount evidenced on the Master is equal to or greater than Total Amount of Subject Lien(s) or Guaranteed
Replacement Coverage is present - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-mast hazard - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-HO6 - Due Diligence Vendor-XX/XX/XXXX
Open-Hazard Insurance Coverage Amount of $X,XXX.XX is less than Total Amount of Subject Lien(s) of $X,XXX.XX The total of the unpaid balance
of the 1st lien on the subject property and the subject loan is $X,XXX.XX. Based on the documentation in file, $X,XXX.XX is the minimum coverage required. The homeowner's insurance policy in file reflects coverage of $X,XXX.XX. The loan file
reflects the subject property is in a PUD. The homeowner's policy in file is a condominium policy. If the HOA provides coverage for the subject property, a copy of the HOA master policy is needed and is not in the loan file. Evidence of
sufficient coverage for the subject property is required. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Hazard Insurance Coverage Amount evidenced on the Master is equal to or greater than Total Amount of Subject Lien(s) or Guaranteed
Replacement Coverage is present - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NJ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031178
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Closing
|
Borrower 1 Photo ID is expired
|
Resolved-Borrower photo ID expiration date is XX/XX/XXXX and note is dated XX/XX/XXXX. Received ID. Condition cleared. - Due Diligence
Vendor-XX/XX/XXXX
Ready for Review-SEE ATTACHED - Due Diligence Vendor-XX/XX/XXXX
Open-Borrower photo ID expiration date is XX/XX/XXXX and note is dated XX/XX/XXXX. Borrower 1 ID proof is expired Pg#121 - Due Diligence
Vendor-XX/XX/XXXX
|
Resolved-Borrower photo ID expiration date is XX/XX/XXXX and note is dated XX/XX/XXXX. Received ID. Condition cleared. - Due Diligence
Vendor-XX/XX/XXXX
|
XXXXX
|
NE
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031182
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
Enterprise:FeeLimits
|
ER - Alabama Maximum Lender Fees
|
Cured-Received Letter of Explanation, Corrected PCCD, copy of check and Proof of Delivery to Borrower. Condition cured. The finding will be
deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The Alabama Mini-Code limits the total of all fees paid to the Lender and Broker to 5% of the loan amount. (Ala. Code 5-19-4(g); XXXXX
Corporation v. XXXXX, 923 So. 2d 282 (XXXX); Alabama State Bureau of Loans FAQ) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Received Letter of Explanation, Corrected PCCD, copy of check and Proof of Delivery to Borrower. Condition cured. The finding will be
deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
|
AL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031182
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
Fees:Limited
|
Alabama - Maximum Lender Points
|
Cured-Received Letter of Explanation, Corrected PCCD, copy of check and Proof of Delivery to Borrower. Condition cured. The finding will be
deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-copy of check - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see attached - Due Diligence Vendor-XX/XX/XXXX
Counter-The fee reduction would need to be on fees that were paid to lender/broker along with amended CD & LOE to cure. - Due Diligence
Vendor-XX/XX/XXXX
Ready for Review-Can this be cured by reducing the fees charged by $X,XXX.XX and refunding that $X,XXX.XX overage to the borrower w/ amended
CD & LOE? Please advise. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The total of all fees paid to the Lender and Broker ($X,XXX.XX) exceeds the Alabama Mini-Code limit of 5% of the loan amount
($X,XXX.XX). (Ala. Code 5-19-4(g); XXXXX Corporation v. XXXXX, 923 So. 2d 282 (XXXX); Alabama State Bureau of Loans FAQ) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Received Letter of Explanation, Corrected PCCD, copy of check and Proof of Delivery to Borrower. Condition cured. The finding will be
deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
AL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031185
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Closing
|
Borrower 1 Photo ID is expired
|
Resolved-Borrower photo ID expiration date is XX/XX/XXXX and note is dated XX/XX/XXXX. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see attached - Due Diligence Vendor-XX/XX/XXXX
Open-Borrower photo ID expiration date is XX/XX/XXXX and note is dated XX/XX/XXXX. The USA Patriot Act Customer Indentification Verification
form discloses the borrower's date of birth as the issue/expiration date. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Borrower photo ID expiration date is XX/XX/XXXX and note is dated XX/XX/XXXX. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
|
MO
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031197
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Fees:Limited
|
Iowa - Max Origination Fee or Processing Fee
|
Resolved-Applied undiscounted rate for bona fide points. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Open-The ($X,XXX.XX) "processing fee" or ($X,XXX.XX) "origination fee" plus ($X,XXX.XX) "broker fees" exceeds 2% of the loan amount, which
is ($X,XXX.XX). For loans secured by a 1-2 unit primary or vacation dwelling, under the Iowa Money and Interest Provisions, the "processing fee" or "origination fee" plus any "broker fees" may not exceed 2% of the loan amount. (Iowa Code
535.8(4)(a)) Provide Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to Borrower. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Applied undiscounted rate for bona fide points. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
IA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031195
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Property
|
Value
|
Missing Valuation Review Product - 1
|
Resolved-A valid secondary valuation supporting the origination appraisal value provided (AVM). Condition Resolved. - Due Diligence
Vendor-XX/XX/XXXX
Ready for Review-avm 1 - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-avm 2 - Due Diligence Vendor-XX/XX/XXXX
Open-A valid secondary valuation supporting the origination appraisal value is not present. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-A valid secondary valuation supporting the origination appraisal value provided (AVM). Condition Resolved. - Due Diligence
Vendor-XX/XX/XXXX
|
XXXXX
|
NJ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031192
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Disclosure
|
HPML Non-Compliant: Appraisal Missing or Incomplete
|
Resolved-Client acknowledges this loan does not meet HP NQM requirements due to missing a full appraisal. QM status changed to HP QM.
Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-HP QM. 2nd lien. Loan amount = $X,XXX.XX. APOR XX.XX% + 6.5 pts = XX.XX%
APR threshold. APR on Final CD XX.XX% within threshold. QM rebuttable presumption. AVM used. - Due Diligence Vendor-XX/XX/XXXX
Counter-Received an AVM that was provided in the loan file. The tape indicates the loan was submitted as NQM. This is a HP NQM which
requires a full appraisal. Condition remains.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-see attachments - Due Diligence Vendor-XX/XX/XXXX
Open-HPML Non-Compliant: Appraisal Missing or Incomplete - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Client acknowledges this loan does not meet HP NQM requirements due to missing a full appraisal. QM status changed to HP QM.
Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
OH
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031189
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-Lender provided copy of XXXXX installment showing payment and balance. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-UPLOADED TO CREDIT COND - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements The final loan application section 2c reflects an
installment loan with a balance of $X,XXX.XX and a monthly payment of $X,XXX.XX. This liability is not reflected on the credit report. The loan file does not contain documentation to verify the balance and payment for this account. - Due
Diligence Vendor-XX/XX/XXXX
|
Resolved-Lender provided copy of XXXXX installment showing payment and balance. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
|
UT
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031189
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-Lender provided copy of XXXXX installment showing payment and balance. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-solar agree - Due Diligence Vendor-XX/XX/XXXX
Open-The final loan application section 2c reflects an installment loan with a balance of $X,XXX.XX and a monthly payment of $X,XXX.XX.
This liability is not reflected on the credit report. The loan file does not contain documentation to verify the balance and payment for this account. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Lender provided copy of XXXXX installment showing payment and balance. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
UT
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611030220
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
1 - Information
|
Property
|
Value
|
S&P value equals B, secondary product within tolerance
|
Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will
be rated as A. - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will
be rated as A. - Due Diligence Vendor-XX/XX/XXXX
|
IN
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031211
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-Lender provided copy of XXXXX installment showing payment and balance. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-UPLOADED TO CREDIT COND - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements . Missing documentation to confirm the balance
and payment amount for the XXXXX installment account disclosed in section 2C of the loan application. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Lender provided copy of XXXXX installment showing payment and balance. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
|
AZ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031211
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-Lender provided copy of XXXXX installment showing payment and balance. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-SOLAR AGREE - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-SOLAR AGREE - Due Diligence Vendor-XX/XX/XXXX
Open-Missing documentation to confirm the balance and payment amount for the XXXXX installment account disclosed in section 2C of the loan
application. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Lender provided copy of XXXXX installment showing payment and balance. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
AZ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031214
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
2 - Non-Material
|
Compliance
|
Right to Rescind
|
TILA: Incorrect NORTC model provided - H8 prior to XX/XX/XXXX (non-material jurisdictions)
|
Acknowledged-TILA: Incorrect NORTC model provided - H8 prior to XX/XX/XXXX (non-material jurisdictions) Based on rulings in the First,
Fourth, Sixth and Eleventh Circuit Courts, it is permissible to utilize Model Form H8/G5 on transactions that would otherwise require the use of Model Form H9/G7 (i.e., same lender refinance transactions) – subject property is located in the
jurisdiction of the aforementioned Circuit Courts. This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-TILA: Incorrect NORTC model provided - H8 prior to XX/XX/XXXX (non-material jurisdictions) Based on rulings in the First,
Fourth, Sixth and Eleventh Circuit Courts, it is permissible to utilize Model Form H8/G5 on transactions that would otherwise require the use of Model Form H9/G7 (i.e., same lender refinance transactions) – subject property is located in the
jurisdiction of the aforementioned Circuit Courts. This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX
|
VA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031210
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
Fees:Limited
|
Michigan - Maximum Broker & Lender Fees Allowed
|
Cured- - Due Diligence Vendor-XX/XX/XXXX
Cured-Received PCCD with evidence of cure by way of Letter of Explanation, Proof of Refund including a copy of the refund check and Proof of
Delivery to Borrower. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-COPY OF CHECK SENT - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-see attachment - Due Diligence Vendor-XX/XX/XXXX
Open-The Michigan Secondary Mortgage Loan Act prohibits the broker and lender fees from exceeding 5% of the loan amount. (Mich. Comp. Laws
Ann. 493.72) 5% of the loan amount ($X,XXX.XX) is $X,XXX.XX. The final Closing Disclosure section A reflects Loan Amount (Points) of $X,XXX.XX and a Lock Fee of $X,XXX.XX both paid to the Lender. The total fees paid to the Lender are $X,XXX.XX
and exceed the maximum allowed by $X,XXX.XX. Provide Letter of Explanation, Proof of Refund of the $X,XXX.XX, Corrected PCCD, and Proof of Delivery to Borrower. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Received PCCD with evidence of cure by way of Letter of Explanation, Proof of Refund including a copy of the refund check and Proof of
Delivery to Borrower. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
MI
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031218
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-Lender provided 1st lien mortgage statement shows payment and balance. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-MTG STMT - Due Diligence Vendor-XX/XX/XXXX
Open-Missing documentation to confirm the balance and P&I payment for the existing 1st lien. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Lender provided 1st lien mortgage statement shows payment and balance. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031209
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-Lender provided evidence of the installment agreement with payment and balance to fulfill debt listed on the final application.
condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-XXXXX - Due Diligence Vendor-XX/XX/XXXX
Open-Missing documentation to confirm balance and payment amount for XXXXX installment, account number ending XXXX, disclosed in section 2c
of the loan application. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Lender provided evidence of the installment agreement with payment and balance to fulfill debt listed on the final application.
condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031225
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Hazard Insurance Policy is Partial
|
Resolved-Hazard Insurance Policy is fully present. condition resolved - Due Diligence Vendor-XX/XX/XXXX
Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-HOI - Due Diligence Vendor-XX/XX/XXXX
Open-Hazard Insurance Policy Partially Provided. The Hazard documentation present in the loan file is missing the policy number, effective
date, expiration date, and premium amount. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Hazard Insurance Policy is fully present. condition resolved - Due Diligence Vendor-XX/XX/XXXX
Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
SC
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031231
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Tolerance:Disclosure
|
Federal - Loan Estimate Mailed/Delivered At Least Seven Business Days Before Consummation
|
Resolved-Received initial LE. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached. - Due Diligence Vendor-XX/XX/XXXX
Open-The Initial Loan Estimate was delivered or placed in the mail on (XX/XX/XXXX), which is not seven business days before the consummation
date of (XX/XX/XXXX). Seven business days before the consummation date is (XX/XX/XXXX). Under Regulation Z, a Loan Estimate must be delivered or placed in the mail not later than the seventh business day before consummation of the transaction.
(12 CFR 1026.19(e)(1)(iii)(B)) The initial Loan Estimate is dated (XX/XX/XXXX). Mailbox Rule/Presumed Receipt is applied and borrower was not in receipt of the initial Loan Estimate 7 business days prior to consummation of (XX/XX/XXXX). No
Cure. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received initial LE. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
GA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031249
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-UPLOADED TO CREDIT COND - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements missing documentation to verify balance and
payment of recently opened lease account #XXXX that is reflecting on final 1003.
- Due Diligence Vendor-XX/XX/XXXX
|
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
|
PA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031249
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved- Lender provided newly owned lease agreement showing payment and balance. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-LEASE STMT - Due Diligence Vendor-XX/XX/XXXX
Open-missing documentation to verify balance and payment of recently opened lease account #XXXX that is reflecting on final 1003. - Due
Diligence Vendor-XX/XX/XXXX
|
Resolved- Lender provided newly owned lease agreement showing payment and balance. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
PA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031251
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
XXXXX
|
AbilityToRepay: QMPointsAndFees
|
Resolved-Received evidence of undiscounted rate. Discount determined Bonafide. Condition resolved.
- Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Hello. Please see attached - Due Diligence Vendor-XX/XX/XXXX
Open-The loan fees ($X,XXX.XX) exceed the (QM) (Note Amount >=$X,XXX.XX) fee limit, which is 3% of the Total Loan Amount ($X,XXX.XX), the
difference is ($X,XXX.XX). (12 CFR 1026.43(e)(3). Provide rate sheet, Undiscount Rate/PAR, or some form of proof that verifies the amount the borrower paid in points directly led to a discount in rate. Compliance will be re-reviewed upon
receipt. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received evidence of undiscounted rate. Discount determined Bonafide. Condition resolved.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031258
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
Fees:Limited
|
Virginia - 5% Maximum Fees Allowed (Junior Liens, Closed End)
|
Cured-Received copy of refund check. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
Cured-Received a copy of the refund check. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see attached - Due Diligence Vendor-XX/XX/XXXX
Counter-Please provide copy of check once available and condition will be Cured and downgraded. Condition maintained. - Due Diligence
Vendor-XX/XX/XXXX
Ready for Review-please see attached check request pkg - Due Diligence Vendor-XX/XX/XXXX
Counter-Received Letter of Explanation, Corrected PCCD, and Proof of Delivery to Borrower. Please provide copy of check once available and
condition will be Cured and downgraded. Condition maintained. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see attached - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Escalated-Issue has been escalated to XXXXX for review, and we are awaiting a resolution.
- Due Diligence Vendor-XX/XX/XXXX
Open-The "loan fee" ($X,XXX.XX) exceeds the Virginia Interest and Usury provisions 5% limit ($X,XXX.XX) on a junior lien closed end loan.
The "loan fee" includes points, broker fees, origination fees, and similar fees, including prepaid interest and interest due on a prior loan. (VA Code Ann. 6.2-327; VA Code Ann. 6.2-328) 5% of the loan amount is $X,XXX.XX. Provide Letter of
Explanation, Proof of Refund of the $X,XXX.XX in excess fees charged, Corrected PCCD, and Proof of Delivery to Borrower. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Received copy of refund check. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
Cured-Received a copy of the refund check. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
VA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031258
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Property
|
Missing Doc
|
Missing Appraisal (Property)
|
Resolved-Client acknowledges this loan does not meet HP NQM requirements due to missing a full appraisal. QM status changed to HP QM.
Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-LOX VALUATION - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-CORRECT LOX VAL - Due Diligence Vendor-XX/XX/XXXX
Open-Appraisal or other primary valuation product is missing The subject loan was submitted as Non-QM and testing shows that it is Higher
Priced/HPML. The loan file contains 2 AVMs for valuation. A full appraisal with an interior inspection is required for this loan since the loan amount exceeds $X,XXX.XX. Additional conditions may apply upon receipt. - Due Diligence
Vendor-XX/XX/XXXX
|
Resolved-Client acknowledges this loan does not meet HP NQM requirements due to missing a full appraisal. QM status changed to HP QM.
Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
VA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031262
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Insurance
|
Master Policy Expiration Date is Prior To the Transaction Date
|
Resolved-Master Policy Expiration Date of XX/XX/XXXX is Equal to or After the Transaction Date of XX/XX/XXXX. condition resved. - Due
Diligence Vendor-XX/XX/XXXX
Resolved-Master Policy Expiration Date of XX/XX/XXXX is Equal to or After the Transaction Date of XX/XX/XXXX Or Master Policy Expiration
Date Is Not Provided - Due Diligence Vendor-XX/XX/XXXX
Open-Master Policy Expiration Date of XX/XX/XXXX is Prior To the Transaction Date of XX/XX/XXXX - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Master Policy Expiration Date of XX/XX/XXXX is Equal to or After the Transaction Date of XX/XX/XXXX. condition resved. - Due
Diligence Vendor-XX/XX/XXXX
Resolved-Master Policy Expiration Date of XX/XX/XXXX is Equal to or After the Transaction Date of XX/XX/XXXX Or Master Policy Expiration
Date Is Not Provided - Due Diligence Vendor-XX/XX/XXXX
|
MA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031262
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Condo Master Insurance Policy
|
Resolved-Condo Master Insurance Policy. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Condo Master Insurance Policy is fully present - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-mast haz curr - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-mast haz renew - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-ho6 - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Condo Master Insurance Policy. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Condo Master Insurance Policy. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Condo Master Insurance Policy is fully present - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
MA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031266
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Employment validation/verification standards do not meet requirements
|
Resolved-ATR Risk - Employment validation/verification standards meet requirements - Due Diligence Vendor-XX/XX/XXXX
Resolved-Received XX/XX/XXXX statement to verify deposits as approved by AUS. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Employment validation/verification standards do not meet requirements Missing VVOE for borrower - Due Diligence
Vendor-XX/XX/XXXX
|
Resolved-ATR Risk - Employment validation/verification standards meet requirements - Due Diligence Vendor-XX/XX/XXXX
Resolved-Received XX/XX/XXXX statement to verify deposits as approved by AUS. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
SC
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031266
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Waived
|
2 - Non-Material
|
Credit
|
Missing Doc
|
Borrower 1 3rd Party VOE Prior to Close Missing
|
Waived-Received bank statements dated post-closing to verify deposits for 3rd party VVOE. Investor waived. Compensating factors have been
reviewed and validated. This finding is downgraded and will be rated B for all agencies. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-updated bnk statement for 3rd party verif - Due Diligence Vendor-XX/XX/XXXX
Counter-Received 2 months personal bank statements to verify Schedule C self-employment with a statement ending date of XX/XX/XXXX. The
Note date is XX/XX/XXXX. The AUS in the loan file permitted bank statements to verify most recent pay period when statements are dated within 15 business days prior to the note date. Latest deposit/statement date is outside of the 15 business
days. Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-3rd party verif - Due Diligence Vendor-XX/XX/XXXX
Open-Borrower 1 3rd Party VOE Prior to Close Missing - Due Diligence Vendor-XX/XX/XXXX
|
Waived-Received bank statements dated post-closing to verify deposits for 3rd party VVOE. Investor waived. Compensating factors have been
reviewed and validated. This finding is downgraded and will be rated B for all agencies. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
XX.XX% CLTV, 43% DTI, SE 6 yrs.
|
SC
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031271
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Borrower 1 3rd Party VOE Prior to Close Missing
|
Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-3rd party verif - Due Diligence Vendor-XX/XX/XXXX
Open-Borrower 1 3rd Party VOE Prior to Close Missing - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
IN
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031271
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Employment validation/verification standards do not meet requirements
|
Resolved-ATR Risk - Employment validation/verification standards meet requirements - Due Diligence Vendor-XX/XX/XXXX
Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Employment validation/verification standards do not meet requirements Missing VVOE for borrower - Due Diligence
Vendor-XX/XX/XXXX
|
Resolved-ATR Risk - Employment validation/verification standards meet requirements - Due Diligence Vendor-XX/XX/XXXX
Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
IN
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031285
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
1 - Information
|
Property
|
Value
|
S&P value equals B, secondary product within tolerance
|
Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will
be rated as A. - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will
be rated as A. - Due Diligence Vendor-XX/XX/XXXX
|
FL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031285
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Condo Master Insurance Policy
|
Resolved-Condo Master Insurance Policy provided. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Condo Master Insurance Policy is fully present - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-master hazard - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-ho6 - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Condo Master Insurance Policy - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Condo Master Insurance Policy provided. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Condo Master Insurance Policy is fully present - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
FL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031288
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
2 - Non-Material
|
Compliance
|
Late:Grace
|
Maryland - Minimum Grace Period (Interest & Usury)
|
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX
|
MD
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031290
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Property
|
Value
|
Missing Post Close Valuation - 1
|
Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-2ND VALUATION - Due Diligence Vendor-XX/XX/XXXX
Open-A valid secondary valuation supporting the origination appraisal value is not present. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
IL
|
Primary Residence
|
Refinance
|
Cash Out - Debt Consolidation
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031294
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
XXXXX
|
Fees: Limited
|
Resolved-Received rebuttal. Overage tested to be bonafide points. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached. - Due Diligence Vendor-XX/XX/XXXX
Open-The total of all fees paid by the borrower to the lender ($X,XXX.XX) exceeds 2% of the loan amount ($X,XXX.XX). The Tennessee
Residential Lending, Brokerage, and Servicing Act limits the brokerage commission to 2% of the loan amount. Brokerage commissions include all fees paid to parties for services performed in the origination and placement of mortgage loans with
third party lenders, whether the loans are closed directly in the name of the lender or in the name of another party with the intention to sell and transfer the loan; provided such sale or transfer is completed within one year from closing.
(Tenn. Code Ann. 47-14-113(c); TN ADC 0180-17-.07(2)) Invalid finding, finding has been rescinded. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received rebuttal. Overage tested to be bonafide points. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
TN
|
Primary Residence
|
Refinance
|
Cash Out - Debt Consolidation
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031295
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Condo Questionnaire
|
Resolved-Received evidence of condo warranty letter. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-WARRANTY LETTER - Due Diligence Vendor-XX/XX/XXXX
Open- The Condo Questionnaire is missing from the loan file. Additional conditions may apply.
The Condo Questionnaire is missing from the loan file. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received evidence of condo warranty letter. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CT
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031307
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Condo Master Insurance Policy
|
Resolved-Received Condo Master Policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-mast hazard - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-HO6 - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Condo Master Insurance Policy - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Condo Master Policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
IL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031313
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
2 - Non-Material
|
Compliance
|
Late:Grace
|
Maryland - Minimum Grace Period (Interest & Usury)
|
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) This finding is non-material and will be rated a B for all agencies - Due Diligence Vendor-XX/XX/XXXX
Open-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the delinquency
has continued for at least 15 days. (MD COML 12-105(c)(3)) This finding is non-material and will be rated a B for all agencies - Due Diligence Vendor-XX/XX/XXXX
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) This finding is non-material and will be rated a B for all agencies - Due Diligence Vendor-XX/XX/XXXX
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) - Due Diligence Vendor-XX/XX/XXXX
|
MD
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031315
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-Received explanation that supplemental insurance was entered in error. Received updated 1008 to remove. Condition cleared. - Due
Diligence Vendor-XX/XX/XXXX
Ready for Review-LOX PAYMENT PITI - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-UPDATED 1008 - Due Diligence Vendor-XX/XX/XXXX
Open-Missing document to validate supplemental property insurance of $40.56 disclose on 1008
- Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received explanation that supplemental insurance was entered in error. Received updated 1008 to remove. Condition cleared. - Due
Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
KS
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031315
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements
|
Resolved-Received explanation that supplemental insurance was entered in error. Received updated 1008 to remove. Condition cleared. - Due
Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements Missing document to validate supplemental property
insurance of $40.56 disclose on 1008 - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received explanation that supplemental insurance was entered in error. Received updated 1008 to remove. Condition cleared. - Due
Diligence Vendor-XX/XX/XXXX
|
KS
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031320
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements
|
Resolved-Received LOX and 1st lien statement. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly HOI, Taxes, Assessment payments meet requirements - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit condition - Due Diligence Vendor-XX/XX/XXXX
Escalated-Condition will be reviewed again after receipt of documentation requested in Required Documentation Is Missing finding. Condition
remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-UPLOADED TO CREDIT COND - Due Diligence Vendor-XX/XX/XXXX
Counter-Payment history for the Senior Lien provided. The 1st lien payment has not been included in the Lender's DTI calculation. Please
provide an explanation on the exclusion of this payment. Inclusion of the first lien PI will result in a DTI violation. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements Missing documentation to confirm the balance and P&I
payment for the subject property 1st lien with XXXXX, loan # ending XXXX. Please note: 1st lien payment has not been included in the subject loan DTI calculation. Additional conditions may apply upon receipt of the required documentation. - Due
Diligence Vendor-XX/XX/XXXX
|
Resolved-Received LOX and 1st lien statement. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly HOI, Taxes, Assessment payments meet requirements - Due Diligence Vendor-XX/XX/XXXX
|
NJ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031320
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Senior Mortgage Statement
|
Resolved-Received LOX and 1st lien statement. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-LOX 1ST LIEN - Due Diligence Vendor-XX/XX/XXXX
Escalated-Condition will be reviewed again after receipt of documentation requested in Required Documentation Is Missing finding. Condition
remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-VOM - Due Diligence Vendor-XX/XX/XXXX
Counter-Payment history for the Senior Lien provided. The 1st lien payment has not been included in the Lender's DTI calculation. Please
provide an explanation on the exclusion of this payment. Inclusion of the first lien PI will result in a DTI violation. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-mtg stmt - Due Diligence Vendor-XX/XX/XXXX
Open-The Senior Mortgage Statement is missing from the file. Missing documentation to confirm the balance and P&I payment for the
subject property 1st lien with XXXXX, loan # ending XXXX. Please note: 1st lien payment has not been included in the subject loan DTI calculation. Additional conditions may apply upon receipt of the required documentation. - Due Diligence
Vendor-XX/XX/XXXX
|
Resolved-Received LOX and 1st lien statement. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NJ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031320
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-Received LOX and 1st lien statement. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-LOX 1ST LIEN - Due Diligence Vendor-XX/XX/XXXX
Open-Please provide explanation for omitting the first lien payment from the DTI. The 1003 and title reflects a senior lien with XXXXX that
was not included in the DTI. Inclusion of the first lien PI will result in a DTI violation. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received LOX and 1st lien statement. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NJ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031317
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-Received Solar agreement. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements As per final 1003, verification of $X,XXX.XX
payment for solar panel is missing from loan file. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Solar agreement. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031317
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-Received Solar agreement. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-solar agree - Due Diligence Vendor-XX/XX/XXXX
Open-As per final 1003, $X,XXX.XX payment for solar panel verification is missing from loan file. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Solar agreement. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031322
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements
|
Resolved-ATR Risk - Monthly HOI, Taxes, Assessment payments meet requirements - Due Diligence Vendor-XX/XX/XXXX
Resolved-Evidence of the HOA Condo Master Insurance Policy received. Condition Resolved. - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements Missing evidence of the HOA Condo Master Insurance Policy.
- Due Diligence Vendor-XX/XX/XXXX
|
Resolved-ATR Risk - Monthly HOI, Taxes, Assessment payments meet requirements - Due Diligence Vendor-XX/XX/XXXX
Resolved-Evidence of the HOA Condo Master Insurance Policy received. Condition Resolved. - Due Diligence Vendor-XX/XX/XXXX
|
CT
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031322
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Condo Master Insurance Policy
|
Resolved-Condo Master Insurance Policy is fully present - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-mast haz - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-HO6 - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Condo Master Insurance Policy Missing evidence of the HOA Condo Master Insurance Policy. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Condo Master Insurance Policy is fully present - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CT
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031331
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
Fees:Limited
|
Virginia - 5% Maximum Fees Allowed (Junior Liens, Closed End)
|
Cured-Received PCCD with evidence of cure by way of Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to
Borrower. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see copy of check attached. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please cure package see attached. - Due Diligence Vendor-XX/XX/XXXX
Counter-The exception can be cured by refunding $X,XXX.XX. Provided Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of
Delivery to Borrower. The loan amount in this loan is $X,XXX.XX and 5% of the loan amount is $X,XXX.XX. The fees included total $X,XXX.XX which includes the fees in Section A + Prepaid Interest. Condition remains.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please provide your calculations/ amount to cure this condition. - Due Diligence Vendor-XX/XX/XXXX
Open-5% of the $X,XXX.XX loan amount is $X,XXX.XX. The Loan Fee of $X,XXX.XX exceeds the 5% Loan Fee limit by $X,XXX.XX. Provide Letter of
Explanation, Proof of Refund of the $X,XXX.XX, Corrected PCCD, and Proof of Delivery to Borrower. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The "loan fee" ($X,XXX.XX) exceeds the Virginia Interest and Usury provisions 5% limit ($X,XXX.XX) on a junior lien closed end loan.
The "loan fee" includes points, broker fees, origination fees, and similar fees, including prepaid interest and interest due on a prior loan. (VA Code Ann. 6.2-327; VA Code Ann. 6.2-328) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Received PCCD with evidence of cure by way of Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to
Borrower. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
VA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031329
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
2 - Non-Material
|
Compliance
|
Late:Grace
|
Maryland - Minimum Grace Period (Interest & Usury)
|
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX
|
MD
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031334
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
2 - Non-Material
|
Compliance
|
Late:Grace
|
Maryland - Minimum Grace Period (Interest & Usury)
|
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) As per the vetting compliance list finding rescinded. This finding is non-material and will be rated a B for all agencies - Due Diligence Vendor-XX/XX/XXXX
Open-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the delinquency
has continued for at least 15 days. (MD COML 12-105(c)(3)) As per the vetting compliance list finding rescinded. This finding is non-material and will be rated a B for all agencies - Due Diligence Vendor-XX/XX/XXXX
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) As per the vetting compliance list finding rescinded - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) As per the vetting compliance list finding rescinded. This finding is non-material and will be rated a B for all agencies - Due Diligence Vendor-XX/XX/XXXX
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) As per the vetting compliance list finding rescinded - Due Diligence Vendor-XX/XX/XXXX
|
MD
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031346
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
XXXXX
|
NJ Fee Not Allowed- Commitment Rate Lock Fee (Fee ID: 83)
|
Cured-Received copy of refund check. Condition cured. The finding will be deemed non-material. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see copy of check - Due Diligence Vendor-XX/XX/XXXX
Counter-Received Letter of Explanation, Corrected PCCD, and Proof of Delivery to Borrower. Please provide copy of check once available and
condition will be Cured and downgraded. Condition maintained.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see attached - Due Diligence Vendor-XX/XX/XXXX
Open-The New Jersey Residential Mortgage Lending Act (N.J. Rev. Stat. 17:11C-80; N.J. ADC 3:15-9.2) does not allow Commitment (Rate Lock)
Fee (Fee ID: 83) to be charged to the Borrower in NJ. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Received copy of refund check. Condition cured. The finding will be deemed non-material. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NJ
|
Primary Residence
|
Refinance
|
Cash Out - Debt Consolidation
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031350
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
HO6 Insurance Policy is Missing
|
Resolved-Received LOE indicating subject is a detached condo with no master policy. Received HO3 policy with sufficient coverage.
Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-HO3 policy. No HO6 as detached - Due Diligence Vendor-XX/XX/XXXX
Open-Missing HO-6 Insurance Policy - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received LOE indicating subject is a detached condo with no master policy. Received HO3 policy with sufficient coverage.
Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
OH
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031350
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Insurance
|
Named Insured on Condo Master Policy does not match HOA Name
|
Resolved-Received LOE indicating subject is a detached condo with no master policy. Received HO3 policy with sufficient coverage.
Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-lox hoi - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-ariel view of detached condos - Due Diligence Vendor-XX/XX/XXXX
Open-Named Insured on Condo Master Insurance Policy does not match HOA Name - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received LOE indicating subject is a detached condo with no master policy. Received HO3 policy with sufficient coverage.
Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
OH
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031350
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Condo Master Insurance Policy
|
Resolved-Received LOE indicating subject is a detached condo with no master policy. Received HO3 policy with sufficient coverage.
Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-LOX HOI - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-hoi - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Condo Master Insurance Policy - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received LOE indicating subject is a detached condo with no master policy. Received HO3 policy with sufficient coverage.
Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
OH
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031349
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-XXXXX statement received. Condition Resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements Missing document to verify payment of $X,XXX.XX
and balance of $X,XXX.XX of installment account disclosed on final 1003 - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-XXXXX statement received. Condition Resolved. - Due Diligence Vendor-XX/XX/XXXX
|
NJ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031349
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Eligibility
|
Delinquent Credit History Does Not Meet Guideline Requirements
|
Resolved-DU findings received. Condition Resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-du findings - Due Diligence Vendor-XX/XX/XXXX
Open-Delinquent Credit History Does Not Meet Guideline Requirements As per credit section of GL, all judgements, non-medical collections,
charge-offs, and tax liens must be paid at or prior to close. Non-medical collections and charge-offs less than $X,XXX.XX per account or $X,XXX.XX in aggregate may be left unpaid Credit report provided reflects non-medical collection of
$X,XXX.XX and 2 charged off accounts totaling $X,XXX.XX which are not being paid off at close. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-DU findings received. Condition Resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NJ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031349
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-XXXXX statement received. Condition Resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-XXXXX statement - Due Diligence Vendor-XX/XX/XXXX
Open-Missing document to verify payment of $X,XXX.XX and balance of $X,XXX.XX of installment account disclosed on final 1003 - Due Diligence
Vendor-XX/XX/XXXX
|
Resolved-XXXXX statement received. Condition Resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NJ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031352
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements
|
Resolved-Received benefit statement. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-UPLOADED TO CREDIT COND - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements Retirement income is used for
qualification, but income document is missing in file. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received benefit statement. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031352
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing income documentation
|
Resolved-Received benefit statement. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-RETIREMENT STMT - Due Diligence Vendor-XX/XX/XXXX
Open-Retirement income is used for qualification, but income document is missing in file. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received benefit statement. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031353
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Fees:Limited
|
Pennsylvania - Max Application Fee or Origination Fee (MLILCPA)
|
Resolved-Received rebuttal. Pre-discounted rate was applied and overage of points was determined to be bonafide. Condition cleared. - Due
Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-Under the Pennsylvania Mortgage Licensing Act, a lender may not charge an Application Fee or Loan Origination Fee exceeding 3% of the
loan amount. (7 Pa. Stat. 6125(b)) . - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received rebuttal. Pre-discounted rate was applied and overage of points was determined to be bonafide. Condition cleared. - Due
Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
PA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031368
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Credit History taken into consideration does not meet requirements
|
Resolved-Received credit supplement with 12-month senior lien payment history. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Credit History taken into consideration does not meet requirements due missing 12-month payment history for subject property
1st lien per guidelines. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received credit supplement with 12-month senior lien payment history. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
IL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031368
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Eligibility
|
Housing History Does Not Meet Guideline Requirements
|
Resolved-Received credit supplement with 12-month senior lien payment history. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-credit supp housing history - Due Diligence Vendor-XX/XX/XXXX
Open-Housing History Does Not Meet Guideline Requirements due missing 12-month payment history for subject property 1st lien per guidelines.
- Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received credit supplement with 12-month senior lien payment history. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
IL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031363
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Condo Questionnaire
|
Resolved-Received condo questionnaire. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-CONDO QUEST - Due Diligence Vendor-XX/XX/XXXX
Open- The Condo Questionnaire is missing from the loan file. Additional conditions may apply.
The Condo Questionnaire is missing from the loan file. Additional conditions may apply. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received condo questionnaire. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
MI
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031364
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
2 - Non-Material
|
Compliance
|
Late:Grace
|
Maryland - Minimum Grace Period (Interest & Usury)
|
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) As per Vetting Compliance, Finding has been Downgraded to Rated as B - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) As per Vetting Compliance, Finding has been Downgraded to Rated as B - Due Diligence Vendor-XX/XX/XXXX
|
MD
|
Primary Residence
|
Refinance
|
Cash Out - Debt Consolidation
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031372
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Borrower Identification - Borrower 1
|
Resolved-Borrower Identification - Borrower 1 provided. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Borrower Identification - Borrower 1. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Borrower Identification - Borrower 1 provided. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
FL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031374
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Fees:Limited
|
Texas - Maximum Fees Allowed (Starting Adjusted Rate and Bona Fide Decrease)
|
Resolved-Received evidence of undiscounted rate. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see attached - Due Diligence Vendor-XX/XX/XXXX
Open-The Texas Constitution prohibits fees from exceeding 2% of the principal balance on a non-purchase money loan. (Tex. Const. Art. 16
Sec. 50(a)(6)(E); 7 TX ADC Sec. 153.5) The Texas Constitution prohibits fees from exceeding 2% of the principal balance on a non-purchase money loan. (Tex. Const. Art. 16 Sec. 50(a)(6)(E); 7 TX ADC Sec. 153.5) Texas Constitution 2% Limit
$X,XXX.XX Total $X,XXX.XX of Fees, difference of $X,XXX.XX with no discount fees present in the loan file. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received evidence of undiscounted rate. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031374
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Enterprise:FeeLimits
|
ER - Texas Constitution 2% Fee Limit (Starting Adjusted Rate and Bona Fide Decrease)
|
Resolved-Received evidence of undiscounted rate. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Open-The Texas Constitution prohibits fees from exceeding 2% of the principal balance on a non-purchase money loan. (Tex. Const. Art. 16
Sec. 50(a)(6)(E); 7 TX ADC Sec. 153.5) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received evidence of undiscounted rate. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031374
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Enterprise:FeeLimits
|
ER - Texas Constitution 2% Fee Limit (Starting Adjusted Rate and Bona Fide Decrease)
|
Resolved-Received evidence of undiscounted rate. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached - Due Diligence Vendor-XX/XX/XXXX
Open-The Texas Constitution prohibits fees from exceeding 2% of the principal balance on a non-purchase money loan. (Tex. Const. Art. 16
Sec. 50(a)(6)(E); 7 TX ADC Sec. 153.5) The Texas Constitution prohibits fees from exceeding 2% of the principal balance on a non-purchase money loan. (Tex. Const. Art. 16 Sec. 50(a)(6)(E); 7 TX ADC Sec. 153.5) Texas Constitution 2% Limit
$X,XXX.XX Total $X,XXX.XX of Fees, difference of $X,XXX.XX with no discount fees present in the loan file. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received evidence of undiscounted rate. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved- - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031373
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
Fees:Limited
|
Virginia - 5% Maximum Fees Allowed (Junior Liens, Closed End)
|
Cured-Received copy of refund check. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Attached - copy of refund check - Due Diligence Vendor-XX/XX/XXXX
Counter-Received Letter of Explanation, Corrected PCCD, and Proof of Delivery to Borrower. Please provide copy of check once available and
condition will be Cured and downgraded. Condition maintained.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Attached - check request package which includes check request, LOE, amended cd and XXXXX label. copy of refund check to
follow shortly. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The "loan fee" ($X,XXX.XX) exceeds the Virginia Interest and Usury provisions 5% limit ($X,XXX.XX) on a junior lien closed end loan.
The "loan fee" includes points, broker fees, origination fees, and similar fees, including prepaid interest and interest due on a prior loan. (VA Code Ann. 6.2-327; VA Code Ann. 6.2-328) The "loan fee" ($X,XXX.XX) exceeds the Virginia Interest
and Usury provisions 5% limit ($X,XXX.XX) on a junior lien closed end loan. The "loan fee" includes points, broker fees, origination fees, and similar fees, including prepaid interest and interest due on a prior loan. (VA Code Ann. 6.2-327; VA
Code Ann. 6.2-328) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Received copy of refund check. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
VA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031377
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Condo Master Insurance Policy
|
Resolved-Condo Master Insurance Policy provided. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-mast haz - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-ho6 - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Condo Master Insurance Policy. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Condo Master Insurance Policy provided. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
IL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031384
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-DD Accepts the explanation and updates. Condition Resolved. - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements The final loan application section 2d lists a
XXXXX liability for $X,XXX.XX per month. The loan file is missing documentation to verify the payment amount of this obligation. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-DD Accepts the explanation and updates. Condition Resolved. - Due Diligence Vendor-XX/XX/XXXX
|
MD
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031384
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing XXXXX/XXXXX Documentation
|
Resolved-DD Accepts the explanation and updates. Condition Resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-1008 & aus findings updated - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-lox cp - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-lox emp - Due Diligence Vendor-XX/XX/XXXX
Open-Missing verification of the amount of XXXXX/XXXXX. The final loan application section 2d lists a XXXXX liability for $X,XXX.XX per
month. The loan file is missing documentation to verify the payment amount of this obligation. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-DD Accepts the explanation and updates. Condition Resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
MD
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031384
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
2 - Non-Material
|
Compliance
|
Late:Grace
|
Maryland - Minimum Grace Period (Interest & Usury)
|
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX
|
MD
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031385
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
XXXXX
|
HighCost: Fees
|
Cured-Received PCCD with evidence of cure by way of Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to
Borrower. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The loan fees ($X,XXX.XX) exceed the (OH2014) High Cost fee limit, which is ($X,XXX.XX), the difference is ($X,XXX.XX). - Due Diligence
Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Received PCCD with evidence of cure by way of Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to
Borrower. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
OH
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031389
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Enterprise:FeeLimits
|
ER - Texas Constitution 2% Fee Limit (Starting Adjusted Rate and Bona Fide Decrease)
|
Resolved-Lender provided par sheet to show the discount being applied, condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see attached - Due Diligence Vendor-XX/XX/XXXX
Open-The Texas Constitution prohibits fees from exceeding 2% of the principal balance on a non-purchase money loan. (Tex. Const. Art. 16
Sec. 50(a)(6)(E); 7 TX ADC Sec. 153.5) 2% of the subject loan amount is $X,XXX.XX. The total of the fees counting towards the 2% maximum is $X,XXX.XX. The fees charged exceed the maximum allowed by $X,XXX.XX. Provide letter of explanation,
Proof of Refund of the $X,XXX.XX in excess fees charged, Corrected PCCD, and Proof of Delivery to Borrower. Note: the final Closing Disclosure did not reflect a general lender credit in section J. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Lender provided par sheet to show the discount being applied, condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031389
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Fees:Limited
|
Texas - Maximum Fees Allowed (Starting Adjusted Rate and Bona Fide Decrease)
|
Resolved-Lender provided par sheet to show the discount being applied, condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see attached correct documents for review. please disregard previous attachment - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see attached - Due Diligence Vendor-XX/XX/XXXX
Open-The Texas Constitution prohibits fees from exceeding 2% of the principal balance on a non-purchase money loan. (Tex. Const. Art. 16
Sec. 50(a)(6)(E); 7 TX ADC Sec. 153.5) 2% of the subject loan amount is $X,XXX.XX. The total of the fees counting towards the 2% maximum is $X,XXX.XX. The fees charged exceed the maximum allowed by $X,XXX.XX. Provide letter of explanation,
Proof of Refund of the $X,XXX.XX in excess fees charged, Corrected PCCD, and Proof of Delivery to Borrower. Note: the final Closing Disclosure did not reflect a general lender credit in section J. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Lender provided par sheet to show the discount being applied, condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031394
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Insurance
|
Hazard insurance dwelling coverage is not sufficient
|
Resolved-Received Master Policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-mast haz - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-HO6 - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Master Policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
UT
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031398
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing proof of residency status for Non-US Citizen (Borrower 1)
|
Resolved-Proof of residency status for Non-US Citizen (Borrower 1) provided. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Received Permanent Resident Card. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-perm res card - Due Diligence Vendor-XX/XX/XXXX
Open-Missing proof of residency status for Non-US Citizen (Borrower 1) - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Proof of residency status for Non-US Citizen (Borrower 1) provided. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Received Permanent Resident Card. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
OK
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031399
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
2 - Non-Material
|
Compliance
|
Late:Grace
|
Maryland - Minimum Grace Period (Interest & Usury)
|
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)). This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX
Open-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the delinquency
has continued for at least 15 days. (MD COML 12-105(c)(3)). This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)). This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) - Due Diligence Vendor-XX/XX/XXXX
|
MD
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031403
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
2 - Non-Material
|
Compliance
|
Late:Grace
|
Maryland - Minimum Grace Period (Interest & Usury)
|
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX
|
MD
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031404
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements
|
Resolved-ATR Risk - Monthly HOI, Taxes, Assessment payments meet requirements - Due Diligence Vendor-XX/XX/XXXX
Resolved-Received HOA documents. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-UPLOADED TO CREDIT COND - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements HOA Document Missing for Subject property - Due Diligence
Vendor-XX/XX/XXXX
|
Resolved-ATR Risk - Monthly HOI, Taxes, Assessment payments meet requirements - Due Diligence Vendor-XX/XX/XXXX
Resolved-Received HOA documents. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
OH
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031404
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-Received HOA documents. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-HOA DUES - Due Diligence Vendor-XX/XX/XXXX
Open-HOA Document missing for subject property - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received HOA documents. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
OH
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031402
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
2 - Non-Material
|
Compliance
|
Late:Grace
|
Maryland - Minimum Grace Period (Interest & Usury)
|
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX
|
MD
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031400
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Tolerance:Disclosure
|
Federal - Closing Disclosure and Consummation Date
|
Resolved-Received Initial and revised CDs. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please review attached - Due Diligence Vendor-XX/XX/XXXX
Open-The Initial Closing Disclosure Received Date of (XX/XX/XXXX) is not three business days before the consummation date of (XX/XX/XXXX).
Three business days before the consummation date is (XX/XX/XXXX). Under Regulation Z, a consumer must receive the Initial Closing Disclosure reflecting the actual terms of the transaction no later than three business days before consummation.
(12 CFR 1026.19(f)(1)(ii)(A)); 1026.19(f)(1)(iii)) The initial CD is missing from the loan file. Additional conditions may apply. No Cure. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Initial and revised CDs. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NC
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031414
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
2 - Non-Material
|
Compliance
|
Late:Grace
|
Maryland - Minimum Grace Period (Interest & Usury)
|
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX
|
MD
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031411
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
Fees:Limited
|
Missouri - Maximum Lender Fees (XX/XX/XXXX)(SMLI)
|
Cured-Received Letter of Explanation, Corrected PCCD, copy of refund check and Proof of Delivery to Borrower. Condition cured. The finding
will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Hello. Please see attached - Due Diligence Vendor-XX/XX/XXXX
Counter-Received rebuttal. Fees included are the section A fees of $X,XXX.XX. Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached for review. If your fees do not match, please provide your fee breakdown and calculation for review. -
Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The total amount of borrower paid fees to the lender or affiliate ($X,XXX.XX) exceeds 5% of the loan amount ($X,XXX.XX). The Missouri
Second Mortgage Loan Interest Provisions prohibit the total borrower paid fees to the Lender or Affiliate from exceeding 5% of the loan amount. (Mo. Rev. Stat. 408.233) The excess fee charged is $X,XXX.XX. Provide Letter of Explanation, Proof
of Refund of the $X,XXX.XX fee excess, Corrected PCCD, and Proof of Delivery to Borrower. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Received Letter of Explanation, Corrected PCCD, copy of refund check and Proof of Delivery to Borrower. Condition cured. The finding
will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
MO
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031423
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
1 - Information
|
Property
|
Value
|
S&P value equals B, secondary product within tolerance
|
Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will
be rated as A. - Due Diligence Vendor-XX/XX/XXXX
Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will
be rated as A. - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will
be rated as A. - Due Diligence Vendor-XX/XX/XXXX
Acknowledged-S&P value equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies
will be rated as A. - Due Diligence Vendor-XX/XX/XXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031423
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Enterprise:FeeLimits
|
ER - Texas Constitution 2% Fee Limit (Starting Adjusted Rate and Bona Fide Decrease)
|
Resolved-Lender provided breakdown of fees with discount points disclosure. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please review - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The Texas Constitution prohibits fees from exceeding 2% of the principal balance on a non-purchase money loan. (Tex. Const. Art. 16
Sec. 50(a)(6)(E); 7 TX ADC Sec. 153.5) The Texas Constitution prohibits fees from exceeding 2% of the principal balance on a non-purchase money loan. (Tex. Const. Art. 16 Sec. 50(a)(6)(E); 7 TX ADC Sec. 153.5) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Lender provided breakdown of fees with discount points disclosure. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031423
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Fees:Limited
|
Texas - Maximum Fees Allowed (Starting Adjusted Rate and Bona Fide Decrease)
|
Resolved-Lender provided breakdown of fees with discount points disclosure. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please review - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open-The Texas Constitution prohibits fees from exceeding 2% of the principal balance on a non-purchase money loan. (Tex. Const. Art. 16
Sec. 50(a)(6)(E); 7 TX ADC Sec. 153.5) The Texas Constitution prohibits fees from exceeding 2% of the principal balance on a non-purchase money loan. (Tex. Const. Art. 16 Sec. 50(a)(6)(E); 7 TX ADC Sec. 153.5) - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Lender provided breakdown of fees with discount points disclosure. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Resolved - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
TX
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031422
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-Received evidence of liability payoff. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements Provide a supplemental credit report or updated
credit statement for 1003 Liability #3 reflecting $X,XXX.XX payoff balance. The documentation must reflect the current outstanding balance to verify the exact payoff amount for the final CD. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received evidence of liability payoff. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
SC
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031422
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-Received evidence of liability payoff. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-payoff XXXXX - Due Diligence Vendor-XX/XX/XXXX
Open-Provide a supplemental credit report or updated credit statement for 1003 Liability #3 reflecting $X,XXX.XX balance. The documentation
must reflect the current outstanding balance to verify the exact payoff amount for the final CD. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received evidence of liability payoff. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
SC
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031428
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Mortgage Riders - 1-4 Family Rider
|
Resolved-Subject property does not have an ADU. Subject property is SFR and Borrower's rental income from 2nd floor (not a 2nd unit)
verified. R-2 zoning accepted. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see attached - Due Diligence Vendor-XX/XX/XXXX
Open-Subject zoned R-2. 1040 and SSI AL with Lender response to occupancy accepted. 2 Unit properties in NJ requires a 1-4 Family Rider to
the DOT. - Due Diligence Vendor-XX/XX/XXXX
Open-1-4 Family Rider is Missing - Due Diligence Vendor-XX/XX/XXXX
Open-1-4 Family Rider is Missing The subject property is a multi-family dwelling and a 1-4 Family Rider to the Mortgage/Deed of Trust is not
in file. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Subject property does not have an ADU. Subject property is SFR and Borrower's rental income from 2nd floor (not a 2nd unit)
verified. R-2 zoning accepted. Condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NJ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031428
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Occupancy LOI/LOE
|
Resolved-Subject zoned R-2. 1040 and SSI AL with Lender response accepted. Condition Resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-lox rental income - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Occupancy LOI/LOE Updated 1008 includes Positive Cash Flow of $X,XXX.XX/mo. The borrowers' XXXX 1040 lists the subject
property as their primary address while the Schedule E lists the subject property as a rental property. The original 1008 and updated 1008 lists the subject as a 1 unit property. Both AVMs in file indicates the subject is a single family
home.
Please provide an explanation on the source of the rental income and the borrowers occupancy of the subject property. - Due Diligence
Vendor-XX/XX/XXXX
|
Resolved-Subject zoned R-2. 1040 and SSI AL with Lender response accepted. Condition Resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NJ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031430
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing proof of residency status for Non-US Citizen (Borrower 1)
|
Resolved-Proof of residency status for Non-US Citizen (Borrower 1) provided. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Received Permanent Resident card. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-perm res card - Due Diligence Vendor-XX/XX/XXXX
Open-Missing proof of residency status for Non-US Citizen (Borrower 1) - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Proof of residency status for Non-US Citizen (Borrower 1) provided. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Received Permanent Resident card. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031434
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Credit History taken into consideration does not meet requirements
|
Resolved-Received credit supplement. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Credit History taken into consideration meets requirements - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-UPLOADED TO CREDIT COND - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Credit History taken into consideration does not meet requirements The final loan application section 3a reflects an
existing 1st lien mortgage loan on the subject property. This loan is not currently reporting on the credit report. Lender guidelines require mortgage payment history to be verified as having no late payments in the past 6 months (0x30x6) and
no more than 1 times 30 days past due in the last 24 months (1x30x24). The loan file is missing a payment history for the 1st lien mortgage on the subject property meeting guideline requirements. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received credit supplement. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Credit History taken into consideration meets requirements - Due Diligence Vendor-XX/XX/XXXX
|
OH
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031434
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Eligibility
|
Housing History Does Not Meet Guideline Requirements
|
Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-CREDIT SUPP (VOM) - Due Diligence Vendor-XX/XX/XXXX
Open-Housing History Does Not Meet Guideline Requirements The final loan application section 3a reflects an existing 1st lien mortgage loan
on the subject property. This loan is not currently reporting on the credit report. Lender guidelines require mortgage payment history to be verified as having no late payments in the past 6 months (0x30x6) and no more than 1 times 30 days
past due in the last 24 months (1x30x24). The loan file is missing a payment history for the 1st lien mortgage on the subject property meeting guideline requirements. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
OH
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031435
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-Received XXXXX statement - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-UPLOADED TO CREDIT COND - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements The final loan application section 2c reflects a
revolving account liability with a balance of $X,XXX.XX and a monthly payment of $X,XXX.XX. This account is not reflected on the credit report. The loan file is missing documentation to verify the balance and payment of this liability. - Due
Diligence Vendor-XX/XX/XXXX
|
Resolved-Received XXXXX statement - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
|
KY
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031435
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-Received XXXXX statement - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-NEW DEBT STMT - Due Diligence Vendor-XX/XX/XXXX
Open-The final loan application section 2c reflects a revolving account liability with a balance of $X,XXX.XX and a monthly payment of
$X,XXX.XX. This account is not reflected on the credit report. The loan file is missing documentation to verify the balance and payment of this liability.
- Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received XXXXX statement - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
KY
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031438
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Closing
|
Borrower 1 Photo ID is expired
|
Resolved-Received updated Patriot Act Form with valid expiration date. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached. - Due Diligence Vendor-XX/XX/XXXX
Open-The loan file contains a USA Patriot Act Customer Identification Verification Document that was used to confirm the Borrower's
identity. The Driver's License listed on this document has an expiration date of XX/XX/XXXX, which is prior to the subject loan transaction date. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received updated Patriot Act Form with valid expiration date. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CO
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031440
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
1 - Information
|
Compliance
|
QM-ATR
|
Change in Originator Qualified Mortgage Designation
|
Acknowledged-The lender changed the originator qualified mortgage designation from QM to Non QM. Client acknowledges this loan does not meet
HPML Non-QM requirements. QM status changed to QM. - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-The lender changed the originator qualified mortgage designation from QM to Non QM. Client acknowledges this loan does not meet
HPML Non-QM requirements. QM status changed to QM. - Due Diligence Vendor-XX/XX/XXXX
|
AZ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Originator Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031440
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Property
|
Missing Doc
|
Missing Appraisal (Property)
|
Resolved-Client acknowledges this loan does not meet HPML Non-QM requirements. QM status changed to QM. - Due Diligence Vendor-XX/XX/XXXX
Escalated- - Due Diligence Vendor-XX/XX/XXXX
Counter-Received rebuttal requesting loan to be submitted as QM. Loan does not meet QM requirements. APR 10.035 exceeds XX.XX% threshold
(APOR XX.XX% + XX.XX% = XX.XX% threshold). Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-LOX AVMS used - Due Diligence Vendor-XX/XX/XXXX
Counter-APR 10.035 exceeds XX.XX% threshold (APOR XX.XX% + XX.XX% = XX.XX% threshold). - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-lox avms - Due Diligence Vendor-XX/XX/XXXX
Open-Appraisal or other primary valuation product is missing The subject loan was submitted as Non-QM. Compliance Testing shows that the
loan is Higher Priced/HPML. The loan file contains 2 AVMs for valuing the subject property. Since the loan amount exceeds $X,XXX.XX, a full appraisal with an interior inspection is required. The loan file is missing the required appraisal.
Additional conditions may apply once received. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Client acknowledges this loan does not meet HPML Non-QM requirements. QM status changed to QM. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
AZ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031440
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements
|
Resolved-Received Condo Master Insurance Policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly HOI, Taxes, Assessment payments meet requirements - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements The HOA Condo Master Insurance Policy is missing from the
loan file. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Condo Master Insurance Policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly HOI, Taxes, Assessment payments meet requirements - Due Diligence Vendor-XX/XX/XXXX
|
AZ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031440
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Condo Master Insurance Policy
|
Resolved-Condo Master Insurance Policy is fully present - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-mast haz - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-HO6 - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Condo Master Insurance Policy The HOA Condo Master Insurance Policy is missing from the loan file. - Due Diligence
Vendor-XX/XX/XXXX
|
Resolved-Condo Master Insurance Policy is fully present - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
AZ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031450
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
2 - Non-Material
|
Compliance
|
Late:Grace
|
Maryland - Minimum Grace Period (Interest & Usury)
|
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-The late fee grace period is (10.0). The Maryland Interest and Usury Act prohibits a late charge being imposed before the
delinquency has continued for at least 15 days. (MD COML 12-105(c)(3)) This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX
|
MD
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031451
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Cured
|
2 - Non-Material
|
Compliance
|
XXXXX
|
VA Fee Not Allowed- Commitment Rate Lock Fee (Fee ID: 83)
|
Cured-Received PCCD with evidence of cure by way of Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to
Borrower. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please see attached to show $X,XXX.XX refund for unallowable fee - Due Diligence Vendor-XX/XX/XXXX
Open-Section 6.2-328 of the Virginia Interest and Usury Provisions does not allow Commitment (Rate Lock) Fee (Fee ID: 83) to be charged to
the Borrower in VA. The final Closing Disclosure reflects a Lock Fee paid to the Lender for $X,XXX.XX. Provide Letter of Explanation, Proof of Refund of the $X,XXX.XX, Corrected PCCD, and Proof of Delivery to Borrower. - Due Diligence
Vendor-XX/XX/XXXX
Open- - Due Diligence Vendor-XX/XX/XXXX
|
Cured-Received PCCD with evidence of cure by way of Letter of Explanation, Proof of Refund, Corrected PCCD, and Proof of Delivery to
Borrower. Condition cured. The finding will be deemed non-material.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
VA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031452
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Condo Master Insurance Policy
|
Resolved-Received Condo Master Insurance Policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-HO6 - Due Diligence Vendor-XX/XX/XXXX
Resolved-Received Condo Master Insurance Policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-master hazard - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Condo Master Insurance Policy - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Condo Master Insurance Policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Received Condo Master Insurance Policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
OH
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031456
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Disclosure
|
HPML Non-Compliant: Appraisal Missing or Incomplete
|
Resolved-Client acknowledges this loan does not meet HP NQM requirements due to missing a full appraisal. QM status changed to HP QM.
Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-LOX AVMS - Due Diligence Vendor-XX/XX/XXXX
Open-HPML Non-Compliant: Appraisal Missing or Incomplete Appraisal including interior photos not provided for HPML loan. - Due Diligence
Vendor-XX/XX/XXXX
|
Resolved-Client acknowledges this loan does not meet HP NQM requirements due to missing a full appraisal. QM status changed to HP QM.
Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
TN
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031457
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements
|
Resolved-Received evidence of project eligibility approval and verification of HOA dues. Condition cleared. - Due Diligence
Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements Condo questionnaire and evidence of HOA fee amount missing
from loan file. Provide copy of completed condo questionnaire including evidence of monthly HOA fee amount. Letter of explanation in file from the borrower indicates that their subdivision is not required to pay an HOA fee, but the loan was
qualified with a monthly HOA fee. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received evidence of project eligibility approval and verification of HOA dues. Condition cleared. - Due Diligence
Vendor-XX/XX/XXXX
|
HI
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031457
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Condo Questionnaire
|
Resolved-Received evidence of project eligibility approval and verification of HOA dues. Condition cleared. - Due Diligence
Vendor-XX/XX/XXXX
Ready for Review-hoa fees - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-warranty letter - Due Diligence Vendor-XX/XX/XXXX
Open- The Condo Questionnaire is missing from the loan file. Additional conditions may apply.
Condo questionnaire and evidence of HOA fee amount missing from loan file. Provide copy of completed condo questionnaire including evidence
of monthly HOA fee amount. Letter of explanation in file from the borrower indicates that their subdivision is not required to pay an HOA fee, but the loan was qualified with a monthly HOA fee. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received evidence of project eligibility approval and verification of HOA dues. Condition cleared. - Due Diligence
Vendor-XX/XX/XXXX
|
XXXXX
|
HI
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031458
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Insurance
|
Hazard Insurance Effective Date is after the Disbursement Date
|
Resolved-Received prior HOI policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-hoi XX to XX - Due Diligence Vendor-XX/XX/XXXX
Open-Hazard Insurance Effective Date of XX/XX/XXXX is after the Disbursement Date of XX/XX/XXXX - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received prior HOI policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
UT
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031462
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Mortgage
|
Resolved-Received executed page 18 of 18. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see attached - Due Diligence Vendor-XX/XX/XXXX
Counter-Received page 17 of 18. Page 18 of 18 is the page which is unexecuted. Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see attached - Due Diligence Vendor-XX/XX/XXXX
Open-Page 18 of 18 on the Mortgage is missing the Signature of the Mortgagee for the Certificate of Residence of Mortgagee. - Due Diligence
Vendor-XX/XX/XXXX
|
Resolved-Received executed page 18 of 18. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
PA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031464
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Condo Questionnaire
|
Resolved-Received evidence of condo eligibility approval. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-warranty letter - Due Diligence Vendor-XX/XX/XXXX
Open- The Condo Questionnaire is missing from the loan file. Additional conditions may apply.
- Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received evidence of condo eligibility approval. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NJ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031464
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Insurance
|
Named Insured on Condo Master Policy does not match HOA Name
|
Resolved-Received Condo Master Policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-verif assoc name 1 - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-verif name 2 - Due Diligence Vendor-XX/XX/XXXX
Open-Named Insured on Condo Master Insurance Policy does not match HOA Name - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Condo Master Policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NJ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031464
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Condo Master Insurance Policy
|
Resolved-Received Condo Master Policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-mast haz - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Condo Master Insurance Policy - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Condo Master Policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NJ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031466
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements
|
Resolved-Received evidence of HOA dues. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-please see attached proof of what was used for HOA - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements Missing Evidence of HOA Dues for Primary Residence - Due
Diligence Vendor-XX/XX/XXXX
|
Resolved-Received evidence of HOA dues. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NV
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031466
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Evidence of HOA Dues for Primary Residence
|
Resolved-Received evidence of HOA dues. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Evidence of HOA Dues for Primary Residence - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received evidence of HOA dues. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
NV
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031466
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Acknowledged
|
2 - Non-Material
|
Compliance
|
Right to Rescind
|
TILA: Incorrect NORTC model provided - H8 equal or after XX/XX/XXXX (non-material jurisdictions)
|
Acknowledged-TILA: Incorrect NORTC model provided - H8 equal or after XX/XX/XXXX (non-material jurisdictions) This finding is non-material
and will be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX
|
Acknowledged-TILA: Incorrect NORTC model provided - H8 equal or after XX/XX/XXXX (non-material jurisdictions) This finding is non-material
and will be rated a B for all agencies. - Due Diligence Vendor-XX/XX/XXXX
|
NV
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031467
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-Received senior lien account history. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements Missing 1st lien mortgage statement to verify
PITI. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received senior lien account history. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
GA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031467
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Senior Mortgage Statement
|
Resolved-Received senior lien account history. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Open-The Senior Mortgage Statement is missing from the file. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received senior lien account history. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
GA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031467
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Third Party Fraud Report not Provided
|
Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Third Party Fraud Report - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
GA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031473
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Enterprise:FeeLimits
|
ER - West Virginia 5% Fee Limit
|
Resolved-Received rebuttal with explanation of the Title Coordination Fee. Finding cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please review - Due Diligence Vendor-XX/XX/XXXX
Open-The West Virginia Residential Mortgage Lender, Broker, and Servicer Act prohibits certain fees from exceeding 5% of the loan. The
($X,XXX.XX) of fees included in this test exceed ($X,XXX.XX), which is 5% of the loan amount. (W. Va. Code 31-17-8(m)(4)) . - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received rebuttal with explanation of the Title Coordination Fee. Finding cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
WV
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031473
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Fees:Limited
|
West Virginia - Maximum Fees (Excluding YSP)
|
Resolved-Received rebuttal with explanation of the Title Coordination Fee. Finding cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-Please review - Due Diligence Vendor-XX/XX/XXXX
Open-The ($X,XXX.XX) of fees included in this test exceed ($X,XXX.XX), which is 5% of the loan amount. The West Virginia Residential
Mortgage Lender, Broker, and Servicer Act prohibits certain fees from exceeding 5% of the loan. (W. Va. Code 31-17-8(m)(4)) . - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received rebuttal with explanation of the Title Coordination Fee. Finding cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
WV
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031472
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements
|
Resolved-Received Final CD from recent refinance of senior lien. P&I used to qualify is supported however the senior lien balance of
$X,XXX.XX is not. The Final CD reflects the senior lien balance as $X,XXX.XX which increases the CLTV to XX.XX%. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements Subject property first lien mortgage statement is missing
in loan file to validate PI for DTI Calculation. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Final CD from recent refinance of senior lien. P&I used to qualify is supported however the senior lien balance of
$X,XXX.XX is not. The Final CD reflects the senior lien balance as $X,XXX.XX which increases the CLTV to XX.XX%. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
RI
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031472
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Senior Mortgage Statement
|
Resolved-Received Final CD from recent refinance of senior lien. P&I used to qualify is supported however the senior lien balance of
$X,XXX.XX is not. The Final CD reflects the senior lien balance as $X,XXX.XX which increases the CLTV to XX.XX%. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-verif PITI - Due Diligence Vendor-XX/XX/XXXX
Open-The Senior Mortgage Statement is missing from the file. Subject property first lien mortgage statement is missing in loan file to
validate PI for DTI Calculation. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Final CD from recent refinance of senior lien. P&I used to qualify is supported however the senior lien balance of
$X,XXX.XX is not. The Final CD reflects the senior lien balance as $X,XXX.XX which increases the CLTV to XX.XX%. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
RI
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031474
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
Disclosure
|
TILA: NORTC Missing for one or more borrowers/vested parties
|
Resolved-Received RTC. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-NORTC for both borrowers attached - Due Diligence Vendor-XX/XX/XXXX
Open-TILA: NORTC Missing for one or more borrowers/vested parties - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received RTC. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
GA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031474
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-Received evidence of debt. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements Require credit supplement or supporting document
to verify the monthly payment & balance for liability 5 from the final 1003. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received evidence of debt. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
GA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031474
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-Received evidence of debt. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-new debt stmt - Due Diligence Vendor-XX/XX/XXXX
Open-Require credit supplement or supporting document to verify the monthly payment & balance for liability 5 from the final 1003. - Due
Diligence Vendor-XX/XX/XXXX
|
Resolved-Received evidence of debt. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
GA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031474
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Mortgage/Deed of Trust
|
Resolved-Received DOT. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-The Deed of Trust is Present - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-dot - Due Diligence Vendor-XX/XX/XXXX
Open-The Deed of Trust is Missing Deed of Trust document is Missing - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received DOT. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-The Deed of Trust is Present - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
GA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031475
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements
|
Resolved-ATR Risk - Monthly HOI, Taxes, Assessment payments meet requirements - Due Diligence Vendor-XX/XX/XXXX
Resolved-Lender provided supplement to show the verification of MI payment of $68.55. condition resolved
- Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements Missing evidence of mortgage insurance payment reflecting
on 1008 of $68.55 (monthly). - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-ATR Risk - Monthly HOI, Taxes, Assessment payments meet requirements - Due Diligence Vendor-XX/XX/XXXX
Resolved-Lender provided supplement to show the verification of MI payment of $68.55. condition resolved
- Due Diligence Vendor-XX/XX/XXXX
|
GA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031475
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-Lender provided supplement to show the verification of MI payment of $68.55. condition resolved
- Due Diligence Vendor-XX/XX/XXXX
Ready for Review-VERIF MI - Due Diligence Vendor-XX/XX/XXXX
Open-Missing evidence of mortgage insurance payment reflecting on 1008 of $68.55 (monthly). - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Lender provided supplement to show the verification of MI payment of $68.55. condition resolved
- Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
GA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031480
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements
|
Resolved-Received Award Letter. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Award Letter. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
GA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031480
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Borrower 2 Award Letter Missing
|
Resolved-Received Award Letter. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-borr 2 award letter - Due Diligence Vendor-XX/XX/XXXX
Open-Borrower 2 Award Letter Missing - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Award Letter. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
GA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031483
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Property
|
Property
|
Property in Disaster Area – Property located in a FEMA declared disaster area. Inspection post incident date was not provided
|
Resolved-Received PDI evidencing no XXXXX. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-fema - Due Diligence Vendor-XX/XX/XXXX
Open-Subject property is in recent disaster area and there is no post incident inspection The final Closing Disclosure reflects a fee for
the Disaster Inspection, but the report is missing from the loan file. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received PDI evidencing no XXXXX. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
WA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031482
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing proof of residency status for Non-US Citizen (Borrower 1)
|
Resolved-Proof of residency status for Non-US Citizen (Borrower 1) provided. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Received Permanet Resident card. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-perm res card - Due Diligence Vendor-XX/XX/XXXX
Open-Missing proof of residency status for Non-US Citizen (Borrower 1) - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Proof of residency status for Non-US Citizen (Borrower 1) provided. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Received Permanet Resident card. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
CA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031484
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements
|
Resolved-Received paystub supporting qualifying income. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cod - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements Missing borrower's recent paystub.
Additional conditions may apply. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received paystub supporting qualifying income. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
WA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031484
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Borrower 1 Paystubs Missing
|
Resolved-Received paystub supporting qualifying income. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-paystub - Due Diligence Vendor-XX/XX/XXXX
Open-Borrower 1 Paystubs Missing Missing borrower's recent paystub. Additional conditions may apply. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received paystub supporting qualifying income. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
WA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031497
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Eligibility
|
Housing History Does Not Meet Guideline Requirements
|
Resolved-Received VOM. Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-credit supp vom - Due Diligence Vendor-XX/XX/XXXX
Open-Housing History Does Not Meet Guideline Requirements Missing current mortgage history as required by guidelines. - Due Diligence
Vendor-XX/XX/XXXX
|
Resolved-Received VOM. Condition cleared.
- Due Diligence Vendor-XX/XX/XXXX
Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
PA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031497
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Credit History taken into consideration does not meet requirements
|
Resolved-Received VOM. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Credit History taken into consideration meets requirements - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Credit History taken into consideration does not meet requirements Missing current mortgage history as required by
guidelines. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received VOM. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Credit History taken into consideration meets requirements - Due Diligence Vendor-XX/XX/XXXX
|
PA
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031500
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Credit History taken into consideration does not meet requirements
|
Resolved-Received VOM. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Credit History taken into consideration meets requirements - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Counter-Received a mortgage statement for a different borrower/property. Please provide 24 month mortgage history for the first mortgage as
required by guidelines. The account was not reflected on the credit report. Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Credit History taken into consideration does not meet requirements Missing verification of mortgage history as required by
guidelines - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received VOM. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Credit History taken into consideration meets requirements - Due Diligence Vendor-XX/XX/XXXX
|
OH
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031500
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Eligibility
|
Housing History Does Not Meet Guideline Requirements
|
Resolved-Received VOM. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-vom - Due Diligence Vendor-XX/XX/XXXX
Counter-Received a mortgage statement for a different borrower/property. Please provide 24 month mortgage history for the first mortgage as
required by guidelines. The account was not reflected on the credit report. Condition remains. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-mtg stmt-vom - Due Diligence Vendor-XX/XX/XXXX
Open-Housing History Does Not Meet Guideline Requirements Missing verification of mortgage history as required by guidelines - Due Diligence
Vendor-XX/XX/XXXX
|
Resolved-Received VOM. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
OH
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031499
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Condo Master Insurance Policy
|
Resolved-Condo Master Insurance Policy is fully present - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-HO6 - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-MASTER HAZ - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Condo Master Insurance Policy Missing Condo Master Insurance Policy - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Condo Master Insurance Policy is fully present - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
KY
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031510
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Credit History taken into consideration does not meet requirements
|
Resolved-Received AUS with A/E recommendation approving the credit history which overrules the guideline overlays. Condition cleared. -
Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Credit History taken into consideration does not meet requirements Mortgage history reflects 3x90 and 5x60 in prior 24
months. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received AUS with A/E recommendation approving the credit history which overrules the guideline overlays. Condition cleared. -
Due Diligence Vendor-XX/XX/XXXX
|
UT
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031510
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Eligibility
|
Housing History Does Not Meet Guideline Requirements
|
Resolved-Received AUS with A/E recommendation approving the credit history which overrules the guideline overlays. Condition cleared. -
Due Diligence Vendor-XX/XX/XXXX
Ready for Review-du findings - Due Diligence Vendor-XX/XX/XXXX
Open-Housing History Does Not Meet Guideline Requirements Mortgage history reflects 3x90 and 5x60 in prior 24 months. - Due Diligence
Vendor-XX/XX/XXXX
|
Resolved-Received AUS with A/E recommendation approving the credit history which overrules the guideline overlays. Condition cleared. -
Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
UT
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031511
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Condo Master Insurance Policy
|
Resolved-Received Condo Master Insurance Policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-master hazard - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Condo Master Insurance Policy - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Condo Master Insurance Policy. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
DE
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031511
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-Received condo questionnaire. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-condo quest - Due Diligence Vendor-XX/XX/XXXX
Open-Condo Questionnaire Missing - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received condo questionnaire. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
DE
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031514
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Condo Questionnaire
|
Resolved-Received evidence of project eligibility. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-WARR LETTER - Due Diligence Vendor-XX/XX/XXXX
Open- The Condo Questionnaire is missing from the loan file. Additional conditions may apply.
The Condo Questionnaire is missing from the loan file - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received evidence of project eligibility. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NJ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031514
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Condo Master Insurance Policy
|
Resolved-Condo Master Insurance Policy is fully present - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-master haz - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-ho6 - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Condo Master Insurance Policy - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Condo Master Insurance Policy is fully present - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NJ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031518
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
Resolved-Received evidence of liability. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements Missing documentation to confirm the balance and
the monthly payment amount for the XXXXX account ending in XXXX. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-ATR Risk - Monthly Debt Obligations taken into consideration meet requirements - Due Diligence Vendor-XX/XX/XXXX
Resolved-Received evidence of liability. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
NJ
|
Primary Residence
|
Refinance
|
Cash Out - Debt Consolidation
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031518
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-Received evidence of liability. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-XXXXX using 5% rule - Due Diligence Vendor-XX/XX/XXXX
Open-Missing documentation to confirm the balance and the monthly payment amount for the XXXXX account ending in XXXX. This liability was
disclosed on a letter of explanation for credit inquiries present in the loan file. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received evidence of liability. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NJ
|
Primary Residence
|
Refinance
|
Cash Out - Debt Consolidation
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031517
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements
|
Resolved-Received paystub and XXXX W2. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements Borrower 2 Paystub & XXXX W2 not
provided as required per AUS. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received paystub and XXXX W2. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
AK
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031517
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Borrower 2 Paystubs Missing
|
Resolved-Received paystub. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-paystub borr 2 - Due Diligence Vendor-XX/XX/XXXX
Open-Borrower 2 Paystubs Missing Borrower 2 Paystub missing as required per AUS - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received paystub. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
AK
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031517
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Borrower 2 W2/1099 Missing
|
Resolved-Received XXXX W2. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-XXXX w2 - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-XXXX w2 2nd - Due Diligence Vendor-XX/XX/XXXX
Open-Borrower 2 W2/1099 Missing Borrower 2 XXXX W2 missing as required per AUS. XXXX provided in file. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received XXXX W2. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
AK
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031530
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements
|
Resolved-ATR Risk - Monthly HOI, Taxes, Assessment payments meet requirements - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements Lender provided HOA monthly fee with supporting condo
questionnaire. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements Missing Evidence of HOA Dues for Primary Residence - Due
Diligence Vendor-XX/XX/XXXX
|
Resolved-ATR Risk - Monthly HOI, Taxes, Assessment payments meet requirements - Due Diligence Vendor-XX/XX/XXXX
Resolved-ATR Risk - Monthly HOI, Taxes, Assessment payments do not meet requirements Lender provided HOA monthly fee with supporting condo
questionnaire. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
NJ
|
Primary Residence
|
Refinance
|
Cash Out - Debt Consolidation
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031530
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Missing Evidence of HOA Dues for Primary Residence
|
Resolved-Lender provided HOA monthly fee with supporting condo questionnaire. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-hoa fees - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-hoa fees - Due Diligence Vendor-XX/XX/XXXX
Open-Missing Evidence of HOA Dues for Primary Residence - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Lender provided HOA monthly fee with supporting condo questionnaire. condition resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NJ
|
Primary Residence
|
Refinance
|
Cash Out - Debt Consolidation
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031535
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Borrower 1 Paystubs Missing
|
Resolved-B1 Paystub received. Resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-paystub - Due Diligence Vendor-XX/XX/XXXX
Open-Borrower 1 Paystubs Missing - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-B1 Paystub received. Resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
FL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031535
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements
|
Resolved-B1 Paystub received. Resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Either Current Income or Current Assets must be utilized to meet ATR requirements Missing YTD paystub as required. - Due
Diligence Vendor-XX/XX/XXXX
|
Resolved-B1 Paystub received. Resolved. - Due Diligence Vendor-XX/XX/XXXX
|
FL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031538
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-Received Solar agreement. Resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-uploaded to credit cond - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements The final loan application section 2c reflects an
installment loan liability with a $X,XXX.XX balance and a monthly payment of $X,XXX.XX. This liability is not reflected on the credit report. The loan file does not contain documentation to verify the balance and payment of this liability. -
Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Solar agreement. Resolved. - Due Diligence Vendor-XX/XX/XXXX
|
FL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
||||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031538
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-Received Solar agreement. Resolved. - Due Diligence Vendor-XX/XX/XXXX
Ready for Review-solar agreee - Due Diligence Vendor-XX/XX/XXXX
Open-The final loan application section 2c reflects an installment loan liability with a $X,XXX.XX balance and a monthly payment of
$X,XXX.XX. This liability is not reflected on the credit report. The loan file does not contain documentation to verify the balance and payment of this liability. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received Solar agreement. Resolved. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
FL
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031539
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Waived
|
2 - Non-Material
|
Credit
|
Eligibility
|
Audited FICO is less than Guideline FICO
|
Waived-Waived by Investor. A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors.
Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-XX/XX/XXXX
Open-Audited FICO of 716 is less than Guideline FICO of 740 - Due Diligence Vendor-XX/XX/XXXX
|
Waived-Waived by Investor. A policy exception was issued post-closing. Lender exception was provided with appropriate compensating factors.
Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-XX/XX/XXXX
|
43% DTI, on job 9 yrs and 0 mortgage lates
|
NJ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
Investor Post-Close
|
No
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031539
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Credit
|
Missing Doc
|
Required Documentation is Missing
|
Resolved-Received evidence of liability. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Open-Supporting documentation for liability #6 listed on the final loan application is missing. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received evidence of liability. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
XXXXX
|
NJ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|
|||
|
XXXXX
|
XXXX
|
XXXX
|
XXXX
|
549202611031539
|
Closed
|
XX/XX/XXXX
|
XX/XX/XXXX
|
Resolved
|
1 - Information
|
Compliance
|
QM-ATR
|
ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements
|
Resolved-Received evidence of liability. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
Open-ATR Risk - Monthly Debt Obligations taken into consideration do not meet requirements Supporting documentation for liability #6 listed
on the final loan application is missing. - Due Diligence Vendor-XX/XX/XXXX
|
Resolved-Received evidence of liability. Condition cleared. - Due Diligence Vendor-XX/XX/XXXX
|
NJ
|
Primary Residence
|
Refinance
|
Cash Out - Other
|
XXXX
|
N/A
|
N/A
|