EX-99.18 19 ex99-18.htm DIGITAL RISK REBUTTAL FINDINGS REPORT
 

J.P. Morgan Mortgage Trust 2021-6 ABS-15G

Exhibit 99.18

 

 

SellerLoanID Customer Loan Number Date Submitted Seller Name Finding # Last Name Note Date Audit Category Audit Issue Exception ID Exception Finding Remediation Status Exception Rebuttal Exception Response Status Comment Date Completed Initial Findings Grade Final Findings Grade Initial Loan Grade Final Loan Grade Initial Overall Grade(Moody's) Final Overall Grade(Moody's) Initial Credit Grade (Moody's) Final Credit Grade (Moody's)  Initial Overall Grade (DBRS) Final Overall Grade (DBRS) Initial Credit Grade (DBRS) Final Credit Grade (DBRS) Initial Property Valuation Grade (DBRS) Final Property Valuation Grade (DBRS) Initial Compliance Grade (DBRS) Final Compliance Grade (DBRS)  Initial Overall Grade (S&P) Final Overall Grade (S&P) Initial Credit Grade (S&P) Final Credit Grade (S&P) Initial Property Valuation Grade (S&P) Final Property Valuation Grade (S&P) Initial Compliance Grade (S&P)  Final Compliance Grade (S&P)  Initial Overall Grade (Fitch)  Final Overall Grade (Fitch)  Initial Credit Grade (Fitch)  Final Credit Grade (Fitch)  Initial Property Valuation Grade (Fitch)  Final Property Valuation Grade (Fitch)  Initial Compliance Grade (Fitch)  Final Compliance Grade (Fitch)  Initial Overall Loan Grade  (DBRS Morningstar)  Final Overall Loan Grade  (DBRS Morningstar)  Initial Credit Grade (DBRS Morningstar)  Final Credit Grade (DBRS Morningstar)  Initial Property Valuation Grade (DBRS Morningstar) Final Property Valuation Grade (DBRS Morningstar) Initial Compliance Grade(DBRS Morningstar) Final Compliance Grade(DBRS Morningstar)
XXXX 302229799 XX/XX/XXXX XXXXX 1 of 4 XXXX XX/XX/XXXX Compliance TRID - CD - Calculating Cash to Close Mismatch XXXX The Cash to Close on the CCTC table on page 3 of the CD issued on XX/XX/XXXX in the LE column does not match the Estimated Cash to Close on the CCTC table (page 2) of the revised LE issued on XX/XX/XXXX. Acknowledged Rebuttal 1 (XX/XX/XXXX 11:21AM)
There was a COC CD XX/XX/XXXX - Pricing changed due to appraised value. This changed the cash to close

Rebuttal 2 (XX/XX/XXXX 9:34AM)
PCCD docs uploaded for review.

Response 1 (XX/XX/XXXX 12:37PM)
The provided documentation is insufficient to cure the finding. The amount of ''Cash to Close' disclosed in the Loan Estimate column of the last revised CD (issued XX/XX/XXXX) should match the amount of 'Cash to Close' disclosed on the last revised LE (issued XX/XX/XXXX) (Upheld)

Response 2 (XX/XX/XXXX 11:25AM)
The provided documentation is sufficient to cure the finding. (Resolved)

   XX/XX/XXXX 2 1 3 1 C A C A C A C A A A B A C A C A A A B A C A C A A A B A C A C A A A B A
XXXX 302229799 XX/XX/XXXX XXXXX 2 of 4 XXXX XX/XX/XXXX Credit Income - Business Tax Returns XXXX Copies of signed federal business income tax returns (including all schedules) were not obtained or were not properly retained in the file. The XXXX Partnership return (form XXXX) is not signed. Resolved Rebuttal 1 (XX/XX/XXXX 10:21AM)
CEL guides 9.3 do not require business returns to be wet signed when the income flows to the XXXXs which is the case here.

Rebuttal 2 (XX/XX/XXXX 11:19AM)
Signed

 Response 1 (XX/XX/XXXX 10:56AM)
Section 9.3 references that business Tax Transcripts are not required when income flows to the personal return as opposed to the absence of signatures on business returns. Section 9.1.2 requires a signature on the business returns. (Upheld)

Response 2 (XX/XX/XXXX 11:41AM)
Documentation received is sufficient. (Resolved)

   XX/XX/XXXX 3 1 3 1 C A C A C A C A A A B A C A C A A A B A C A C A A A B A C A C A A A B A
XXXX 302229799 XX/XX/XXXX XXXXX 3 of 4 XXXX XX/XX/XXXX Credit Tax Payer First Act Disclosure - Missing XXXX The file does not contain evidence that the Tax Payer First Act Disclosure was provided to the co-borrower. The disclosure in the file was only signed by the borrower. Resolved Rebuttal 1 (XX/XX/XXXX 10:19AM)
uploaded

 Response 1 (XX/XX/XXXX 10:51AM)
Documentation received is sufficient. (Response)

   XX/XX/XXXX 3 1 3 1 C A C A C A C A A A B A C A C A A A B A C A C A A A B A C A C A A A B A
XXXX 302229799 XX/XX/XXXX XXXXX 4 of 4 XXXX XX/XX/XXXX Valuation Appraisal - Value is supported within XX% of original appraisal amount XXXX The appraised value was supported within XX% and all applicable appraisal guidelines were satisfied. There is a CDA in the loan file that supports the appraised value. No Finding         1 1 3 1 C A C A C A C A A A B A C A C A A A B A C A C A A A B A C A C A A A B A
XXXX 302303241 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance TRID - XX% Tolerance Violation (No Valid COC) XXXX The loan failed the charges that in total cannot increase more than XX% test. The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than XX% ($XXXX) exceed the comparable charges ($XXXX) by more than XX%. A valid change of circumstance was not provided in the loan file. Therefore, the increase to the following fee on the initial CD issued on XX/XX/XXXX was not accepted: Recording Charges. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, and copy of the refund. A cost to cure in the amount of $XXXX is required. Truth in Lending Act (Regulation Z). 12 CFR 2016.19(e)(3)(ii); 12 CFR 1026.19(e)(3)(iv). Resolved Rebuttal 1 (XX/XX/XXXX 5:53PM)
PCCD documentation uploaded

Rebuttal 2 (XX/XX/XXXX 1:35PM)
PCCD documentation uploaded

 Response 1 (XX/XX/XXXX 11:03AM)
The provided documentation is insufficient to cure the finding. Although the provided PCCD and LOE are acceptable, a copy of the refund was not provided. Copy of 'Issue Confirmation' which was provided, is not sufficient as a copy of the refund. (Upheld)

Response 2 (XX/XX/XXXX 1:36PM)
The documentation provided is sufficient to cure the finding (Resolved)

   XX/XX/XXXX 3 1 3 1 C A A A C A A A A A C A C A A A A A C A C A A A A A C A C A A A A A C A
XXXX 302303241 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 3 1 C A A A C A A A A A C A C A A A A A C A C A A A A A C A C A A A A A C A
XXXX 302303241 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Value is supported within XX% of original appraisal amount XXXX The appraised value was supported within XX% and all applicable appraisal guidelines were satisfied. A CDA was provided which supported the appraised value. No Finding         1 1 3 1 C A A A C A A A A A C A C A A A A A C A C A A A A A C A C A A A A A C A
XXXX 302334895 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance No Compliance Findings XXXX The loan is in compliance with all applicable laws and regulations. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302334895 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302334895 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. The CU score was 2.4. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302327790 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance TRID - CD - Closing Information/Closing Date XXXX The CD issued on XX/XX/XXXX does not reflect the correct Closing Date when compared to the notary signature date on the Security Instrument. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(a)(3)(ii) Acknowledged         2 2 4 2 D B D A D B D A A A B B D B D A A A B B D B D A A A B B D B D A A A B B
XXXX 302327790 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit Assets - Bank Statements XXXX The bank and/or asset statements are incomplete. Guidelines for personal assets require the two most recent, consecutive months' statements for each account. The loan file contained a XXXX retirement account #XXXX that covered XX/XX/XXXX through XX/XX/XXXX. The loan file is missing the XXXX statement for XX/XX/XXXX - XX/XX/XXXX. Without including these funds, the borrower was short reserves of $XXXX. It should also be noted that the loan file contained an account activity sheet for XXXX XXXX dated XX/XX/XXXX with an available balance of $XXXX. The available balance could not be used because the loan file did not a fully transaction history from XX/XX/XXXX through XX/XX/XXXX. Resolved Rebuttal 1 (XX/XX/XXXX 1:25PM)
Attached is XXXX missing bank statement.

 Response 1 (XX/XX/XXXX 9:22AM)
Documentation received is sufficient. (Resolved)

   XX/XX/XXXX 4 1 4 2 D B D A D B D A A A B B D B D A A A B B D B D A A A B B D B D A A A B B
XXXX 302327790 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. The loan file contained a XXXX Appraisal desk review as required. No Finding         1 1 4 2 D B D A D B D A A A B B D B D A A A B B D B D A A A B B D B D A A A B B
XXXX 302456527 XX/XX/XXXX XXXXX 1 of 4 XXXX XX/XX/XXXX Compliance TRID - CD - Closing Information/Closing Date XXXX The CD issued on XX/XX/XXXX does not reflect the correct Closing Date when compared to the notary signature date on the Security Instrument. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(a)(3)(ii). Acknowledged         2 2 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302456527 XX/XX/XXXX XXXXX 2 of 4 XXXX XX/XX/XXXX Compliance TRID - CD/Payee Not Listed XXXX The loan contains the following fee or fees where 'compensation to' does not reflect a Payee on the revised CD. The Reinspection Fee in section B does not list a payee. Acknowledged         2 2 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302456527 XX/XX/XXXX XXXXX 3 of 4 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302456527 XX/XX/XXXX XXXXX 4 of 4 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. The loan file contained an Appraisal Desk Review, dated XX/XX/XXXX that supported the subject property's market value. No Finding         1 1 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302460762 XX/XX/XXXX XXXXX 1 of 4 XXXX XX/XX/XXXX Compliance TRID - CD - Settlement Agent License XXXX The license number is missing for the Settlement Agent company on the last revised CD issued on XX/XX/XXXX. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(r)(3), (5) Acknowledged         2 2 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302460762 XX/XX/XXXX XXXXX 2 of 4 XXXX XX/XX/XXXX Compliance TRID - CD - Transaction Information/Seller Info XXXX The CD issued on XX/XX/XXXX does not reflect the complete Seller address when compared to the Purchase Contract. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(a)(4)(ii) Acknowledged         2 2 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302460762 XX/XX/XXXX XXXXX 3 of 4 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302460762 XX/XX/XXXX XXXXX 4 of 4 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. The loan file contained a XXXX Appraisal Department Desk Review which supported the appraised value. No Finding         1 1 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302456526 XX/XX/XXXX XXXXX 1 of 5 XXXX XX/XX/XXXX Compliance TRID - CD - Closing Information/Closing Date XXXX The CD issued on XX/XX/XXXX does not reflect the correct Closing Date when compared to the notary signature date on the Security Instrument. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(a)(3)(ii) Acknowledged         2 2 3 2 C B A A C B A A C A B B C B A A C A B B C B A A C A B B C B A A C A B B
XXXX 302456526 XX/XX/XXXX XXXXX 2 of 5 XXXX XX/XX/XXXX Compliance TRID - CD - Closing Information/Disbursement Date XXXX The CD issued on XX/XX/XXXX does not reflect the correct Disbursement Date when compared to the ALTA Statement. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(a)(3)(iii) Acknowledged         2 2 3 2 C B A A C B A A C A B B C B A A C A B B C B A A C A B B C B A A C A B B
XXXX 302456526 XX/XX/XXXX XXXXX 3 of 5 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 3 2 C B A A C B A A C A B B C B A A C A B B C B A A C A B B C B A A C A B B
XXXX 302456526 XX/XX/XXXX XXXXX 4 of 5 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. The CU score was 2.2. No Finding         1 1 3 2 C B A A C B A A C A B B C B A A C A B B C B A A C A B B C B A A C A B B
XXXX 302456526 XX/XX/XXXX XXXXX 5 of 5 XXXX XX/XX/XXXX Valuation Appraisal - Subject-to but missing completion cert. XXXX The appraisal provided was made subject-to completion with no completion certification provided. Without this certification, Auditor was unable to verify if property was completed. Resolved Rebuttal 1 (XX/XX/XXXX 6:42PM)
Please see attached 1004D.

 Response 1 (XX/XX/XXXX 7:13PM)
Documentation received is sufficient. (Resolved)

   XX/XX/XXXX 3 1 3 2 C B A A C B A A C A B B C B A A C A B B C B A A C A B B C B A A C A B B
XXXX 302320996 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance No Compliance Findings XXXX The loan is in compliance with all applicable laws and regulations. No Finding         1 1 3 1 C A C A C A C A A A A A C A C A A A A A C A C A A A A A C A C A A A A A
XXXX 302320996 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit Debts - Not Verified XXXX The application lists significant debts that were not verified on the credit report and not independently verified. The 1003/1008 reflects a $XX monthly payment on the subject property. Reviewer was unable to verify payment in the file. Resolved Rebuttal 1 (XX/XX/XXXX 12:30PM)
The $XX was an error. This has been taken out and attached is the new 1003 and 1008

 Response 1 (XX/XX/XXXX 1:36PM)
Documentation received is sufficient. (Resolved)

   XX/XX/XXXX 3 1 3 1 C A C A C A C A A A A A C A C A A A A A C A C A A A A A C A C A A A A A
XXXX 302320996 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. CU score 2.2 (2.5 or less) is acceptable for loan amount up to $XX. No Finding         1 1 3 1 C A C A C A C A A A A A C A C A A A A A C A C A A A A A C A C A A A A A
XXXX 302401938 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance TRID - CD - Settlement Agent License XXXX The license number is missing for the Settlement Agent company on the last revised CD issued on XX/XX/XXXX. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(r)(3), (5) Acknowledged         2 2 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302401938 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302401938 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. The loan file contains a XXXX Appraisal Department Desk Review which supports the appraised value which is acceptable for loan amounts >$XXXX to $XXXX. No Finding         1 1 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302372926 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance No Compliance Findings XXXX The loan is in compliance with all applicable laws and regulations. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302372926 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302372926 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Value is supported within XX% of original appraisal amount XXXX The appraised value was supported within XX% and all applicable appraisal guidelines were satisfied. Desk review provided supports value. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302270488 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance No Compliance Findings XXXX The loan is in compliance with all applicable laws and regulations. No Finding         1 1 3 1 C A C A C A C A A A A A C A C A A A A A C A C A A A A A C A C A A A A A
XXXX 302270488 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit Debts - Not Verified XXXX The application lists significant debts that were not verified on the credit report and not independently verified. Per the Final 1008, the borrowers refinanced their rental property XXXX with a new loan in the amount of $XXXX with a monthly payment of $XXXX. The loan file did not contain documentation that verified the new loan amount and monthly housing payment. Resolved Rebuttal 1 (XX/XX/XXXX 1:30PM)
Attached Final CD for XXXX

 Response 1 (XX/XX/XXXX 9:30AM)
Documentation received is sufficient. (Resolved)

   XX/XX/XXXX 3 1 3 1 C A C A C A C A A A A A C A C A A A A A C A C A A A A A C A C A A A A A
XXXX 302270488 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. The loan file contained the XXXX appraisal desk review. No Finding         1 1 3 1 C A C A C A C A A A A A C A C A A A A A C A C A A A A A C A C A A A A A
XXXX 302408761 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance No Compliance Findings XXXX The loan is in compliance with all applicable laws and regulations. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302408761 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302408761 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. The file contained a Desk Review which supported the appraised value. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302326610 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance No Compliance Findings XXXX The loan is in compliance with all applicable laws and regulations. No Finding         1 1 3 1 C A C A C A C A A A A A C A C A A A A A C A C A A A A A C A C A A A A A
XXXX 302326610 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit Assets - Minimum Reserves XXXX Sufficient reserves to meet underwriting requirements and PITI were not verified in the file. Guidelines require that XX% of the required reserves must be in liquid, non-retirement accounts. Reserves required $XXX (XX months on the subject); therefore, $XXX must be verified in liquid, non-retirement accounts. Total verified assets in the file $XXXX (liquid assets $XXXX and IRA/retirement assets $XXXX (XX% of balance)). Liquid assets $XXXX less funds to close $XXXX equals $XXXX, which does not meet the XX% ($XXXX) liquid reserve requirement. Resolved Rebuttal 1 (XX/XX/XXXX 3:48PM)
We received an additional bank statement from the borrower. It’s a XXXX account, BUT as you see on page 2, part of the balance of this is from a ‘money market’ account for $XXXX. Money market accounts are usually always considered ‘liquid’, so I wanted to confirm that we are ok with this statement.

Response 1 (XX/XX/XXXX 9:06AM)
Documentation received is sufficient. (Resolved)

   XX/XX/XXXX 3 1 3 1 C A C A C A C A A A A A C A C A A A A A C A C A A A A A C A C A A A A A
XXXX 302326610 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. Desk review supports appraised value. No Finding         1 1 3 1 C A C A C A C A A A A A C A C A A A A A C A C A A A A A C A C A A A A A
XXXX 302368611 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance No Compliance Findings XXXX The loan is in compliance with all applicable laws and regulations. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302368611 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302368611 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. CU score received of 2.2 is acceptable for loan amount up to $XXXX. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302404436 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance TRID - CD/Payee Not Listed XXXX The loan contains the following fee or fees where 'compensation to' does not reflect a Payee on the revised CD issued XX/XX/XXXX. Second Appraisal Fee. Acknowledged         2 2 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302404436 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302404436 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. A 2nd appraisal is required for loan amounts > $XX. The 2nd appraisal and a desk review appraisal support the appraised value. No Finding         1 1 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302368610 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance No Compliance Findings XXXX The loan is in compliance with all applicable laws and regulations. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302368610 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302368610 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. The loan file contained a Desk Review which supported the value in the origination appraisal report. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302406390 XX/XX/XXXX XXXXX 1 of 5 XXXX XX/XX/XXXX Compliance No Compliance Findings XXXX The loan is in compliance with all applicable laws and regulations. No Finding         1 1 3 2 C B C B C B C B C A A A C B C B C A A A C B C B C A A A C B C B C A A A
XXXX 302406390 XX/XX/XXXX XXXXX 2 of 5 XXXX XX/XX/XXXX Credit Assets - Minimum Reserves XXXX Sufficient reserves to meet underwriting requirements and PITI were not verified in the file. According to guidelines 15 months reserves are required. In this case the borrower needed to bring $XXXX to closing plus $XXXX in reserves for a total of $XXXX. The loan file contained verification of assets totaling $XXXX which leaves borrower short reserves by $XXXX. Resolved Rebuttal 1 (XX/XX/XXXX 12:22PM)
assets

Rebuttal 2 (XX/XX/XXXX 9:24AM)
Hello - I uploaded a 2nd statement on XX/XX/XXXX. Did you receive it?

 Response 1 (XX/XX/XXXX 2:01PM)
There was only a 1 month statement for XXXX. Funds were not utilized. A second statement is required. (Upheld)

Response 2 (XX/XX/XXXX 10:09AM)
Documentation received is sufficient. (Resolved)

   XX/XX/XXXX 3 1 3 2 C B C B C B C B C A A A C B C B C A A A C B C B C A A A C B C B C A A A
XXXX 302406390 XX/XX/XXXX XXXXX 3 of 5 XXXX XX/XX/XXXX Credit Income - Employment History XXXX Two full years of continuous employment history was not obtained for the co- borrower. The co borrower has been on her current job for 1 year 6 months. 1003 indicates prior employment with XXXX from XX/XX/XXXX to XX/XX/XXXX. The XXXX W2 was provided; however, no documentation to confirm employment with XXXX from XX/XX/XXXX to XX/XX/XXXX was provided. Resolved Rebuttal 1 (XX/XX/XXXX 12:19PM)
w2 XXXX

 Response 1 (XX/XX/XXXX 1:54PM)
Documentation received is sufficient. (Resolved)

   XX/XX/XXXX 3 1 3 2 C B C B C B C B C A A A C B C B C A A A C B C B C A A A C B C B C A A A
XXXX 302406390 XX/XX/XXXX XXXXX 4 of 5 XXXX XX/XX/XXXX Credit Program Parameters - LTV XXXX The LTV does not meet the minimum program eligibility guidelines. According to guidelines the maximum LTV is XX%. The subject loan closed at XX% LTV. Exception was noted on the 1008. Resolved Rebuttal 1 (XX/XX/XXXX 12:18PM)
exception

 Response 1 (XX/XX/XXXX 1:51PM)
Exception received is sufficient. (Resolved)

   XX/XX/XXXX 3 2 3 2 C B C B C B C B C A A A C B C B C A A A C B C B C A A A C B C B C A A A
XXXX 302406390 XX/XX/XXXX XXXXX 5 of 5 XXXX XX/XX/XXXX Valuation Appraisal - Value is not supported within XX% of original appraisal amount XXXX According to guidelines for loan amounts over XX 2 full appraisals are required; however, only 1 appraisal was provided. Resolved Rebuttal 1 (XX/XX/XXXX 12:24PM)
2nd appraisal

 Response 1 (XX/XX/XXXX 1:50PM)
Documentation received is sufficient. (Resolved)

   XX/XX/XXXX 3 1 3 2 C B C B C B C B C A A A C B C B C A A A C B C B C A A A C B C B C A A A
XXXX 302326607 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance No Compliance Findings XXXX The loan is in compliance with all applicable laws and regulations. No Finding         1 1 2 2 B B B B B B B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A
XXXX 302326607 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit Verification Documentation - VVOE Salaried/Aged XXXX A VVOE is required within 10 Business Days of the Note Date. The VVOE in file has a date typo of XX/XX/XXXX. The note date is XX/XX/XXXX. A correction is required. Acknowledged         2 2 2 2 B B B B B B B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A
XXXX 302326607 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. CU Score of 2.0 is acceptable for loan amount up to $XX. No Finding         1 1 2 2 B B B B B B B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A
XXXX 302490740 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance TRID - CD - Incorrect Section XXXX The Title Fees were included in Section B of the CD issued on XX/XX/XXXX. However, the fees should have been entered under Section C since the provider of service was not listed on the Service Provider List. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(f), (g) Resolved Rebuttal 1 (XX/XX/XXXX 1:31PM)
copy of corrected CD title fees moved to section C

Response 1 (XX/XX/XXXX 5:32PM)
The provided documentation is sufficient to cure the finding. (Resolved)

   XX/XX/XXXX 2 1 2 1 B A A A B A A A A A B A B A A A A A B A B A A A A A B A B A A A A A B A
XXXX 302490740 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 2 1 B A A A B A A A A A B A B A A A A A B A B A A A A A B A B A A A A A B A
XXXX 302490740 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. CU score 2.5 is acceptable for loan amount up to $XX. No Finding         1 1 2 1 B A A A B A A A A A B A B A A A A A B A B A A A A A B A B A A A A A B A
XXXX 302324801 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance TRID - CD - Settlement Agent License XXXX The license number is missing for the Settlement Agent company on the last revised CD issued on XX/XX/XXXX. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(r)(3), (5) Acknowledged         2 2 3 2 C B C A C B C A A A B B C B C A A A B B C B C A A A B B C B C A A A B B
XXXX 302324801 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit Verification Documentation - VVOE Salaried/Missing XXXX A VVOE is missing from the loan file. The loan file is missing a VVOE for both the borrower and co-borrower. Resolved Rebuttal 1 (XX/XX/XXXX 10:28AM)
VOE'S

 Response 1 (XX/XX/XXXX 12:03PM)
Documentation received is sufficient. (Resolved)

   XX/XX/XXXX 3 1 3 2 C B C A C B C A A A B B C B C A A A B B C B C A A A B B C B C A A A B B
XXXX 302324801 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. The file contains a CU with a score of 2.0 which supports the appraised value. No Finding         1 1 3 2 C B C A C B C A A A B B C B C A A A B B C B C A A A B B C B C A A A B B
XXXX 302324798 XX/XX/XXXX XXXXX 1 of 7 XXXX XX/XX/XXXX Compliance Security Instrument - Missing Rider/Addendum XXXX The following referenced Rider is missing: Condo Rider. Resolved Rebuttal 1 (XX/XX/XXXX 12:36PM)
Attached is the recorded DOT that shows the rider was included.

 Response 1 (XX/XX/XXXX 1:56PM)
The documentation provided is sufficient to clear the defect. (Resolved)

   XX/XX/XXXX 3 1 3 2 C B C A C B C A A A C B C B C A A A C B C B C A A A C B C B C A A A C B
XXXX 302324798 XX/XX/XXXX XXXXX 2 of 7 XXXX XX/XX/XXXX Compliance TRID - CD - Incorrect Section XXXX The Title-Doc Preparation Fee was included in Section B of the PCCD issued on XX/XX/XXXX. However, the fee should have been entered under Section C. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(f), (g) Acknowledged         2 2 3 2 C B C A C B C A A A C B C B C A A A C B C B C A A A C B C B C A A A C B
XXXX 302324798 XX/XX/XXXX XXXXX 3 of 7 XXXX XX/XX/XXXX Compliance TRID - CD/Payee Not Listed XXXX The loan contains the following fee or fees where 'compensation to' does not reflect a Payee on the revised CD. The Reinspection Fee does not list a payee. Acknowledged         2 2 3 2 C B C A C B C A A A C B C B C A A A C B C B C A A A C B C B C A A A C B
XXXX 302324798 XX/XX/XXXX XXXXX 4 of 7 XXXX XX/XX/XXXX Compliance TRID - Seller CD/Missing XXXX A copy of the seller's CD or the consumer's CD with the Seller's transaction was not provided in the loan file. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(t)(5)(v), (vi) Acknowledged         2 2 3 2 C B C A C B C A A A C B C B C A A A C B C B C A A A C B C B C A A A C B
XXXX 302324798 XX/XX/XXXX XXXXX 5 of 7 XXXX XX/XX/XXXX Credit Income - Rental Property Income XXXX The documentation supporting income from other real estate owned is not adequately supported to meet underwriting guidelines. The borrower was qualified with a DTI of XX% which included negative net rental income of ($XXXX) for the exit residence based on gross monthly rental income of $XXXX. The loan file contained a lease agreement and a copy of the first month's rent and security deposit check; however, the loan file did not contain an appraisal or proof of the exit residence purchase price supporting XX%+ equity as required. DTI recalculated inclusive of the exit residence payment exceeds XX% lender maximum. Resolved Rebuttal 1 (XX/XX/XXXX 5:35PM)
The property profile confirms sales price of $XXXX and in turn confirms XX% equity in the property.

 Response 1 (XX/XX/XXXX 1:38PM)
Documentation received is sufficient. (Resolved)

   XX/XX/XXXX 3 1 3 2 C B C A C B C A A A C B C B C A A A C B C B C A A A C B C B C A A A C B
XXXX 302324798 XX/XX/XXXX XXXXX 6 of 7 XXXX XX/XX/XXXX Credit Verification Documentation - VVOE Salaried/Missing XXXX A VVOE is missing from the loan file. The loan file is missing a VVOE for the: borrower's secondary employment with XXXX. Resolved Rebuttal 1 (XX/XX/XXXX 5:34PM)
Attached

 Response 1 (XX/XX/XXXX 1:35PM)
Documentation received is sufficient. (Resolved)

   XX/XX/XXXX 3 1 3 2 C B C A C B C A A A C B C B C A A A C B C B C A A A C B C B C A A A C B
XXXX 302324798 XX/XX/XXXX XXXXX 7 of 7 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. CU Score is 3.8. Desk review is present in the loan file. No Finding         1 1 3 2 C B C A C B C A A A C B C B C A A A C B C B C A A A C B C B C A A A C B
XXXX 302334891 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance No Compliance Findings XXXX The loan is in compliance with all applicable laws and regulations. No Finding         1 1 3 1 C A C A C A C A A A A A C A C A A A A A C A C A A A A A C A C A A A A A
XXXX 302334891 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit Income - Tax Transcripts Missing XXXX Tax Transcripts were not provided as required. XXXX and XXXX transcripts are required. Resolved Rebuttal 1 (XX/XX/XXXX 5:58PM)
Per XX jumbo guidelines tax transcripts are not required for this loan

 Response 1 (XX/XX/XXXX 6:31PM)
Explanation received is sufficient. (Resolved)

   XX/XX/XXXX 3 1 3 1 C A C A C A C A A A A A C A C A A A A A C A C A A A A A C A C A A A A A
XXXX 302334891 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. CU score 2 is acceptable for loan amount up to $XX. No Finding         1 1 3 1 C A C A C A C A A A A A C A C A A A A A C A C A A A A A C A C A A A A A
XXXX 302473061 XX/XX/XXXX XXXXX 1 of 4 XXXX XX/XX/XXXX Compliance TRID - CD - Closing Information/Closing Date XXXX The CD issued on XX/XX/XXXX does not reflect the correct Closing Date when compared to the notary signature date on the Security Instrument. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(a)(3)(ii). Acknowledged         2 2 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302473061 XX/XX/XXXX XXXXX 2 of 4 XXXX XX/XX/XXXX Compliance TRID - CD - Settlement Agent License XXXX The license number is missing for the Settlement Agent company on the last revised CD issued on XX/XX/XXXX. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(r)(3), (5). Acknowledged         2 2 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302473061 XX/XX/XXXX XXXXX 3 of 4 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302473061 XX/XX/XXXX XXXXX 4 of 4 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. LD Appraisal Department desk review supports value. No Finding         1 1 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302338182 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance No Compliance Findings XXXX The loan is in compliance with all applicable laws and regulations. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302338182 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302338182 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. The loan file contained an Appraisal Desk Review, dated XX/XX/XXXX, that supported the market value. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302371095 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance No Compliance Findings XXXX The loan is in compliance with all applicable laws and regulations. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302371095 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302371095 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. CU score 1.5 ( must be 2.5 or less) is acceptable for loan amount up to $XX. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302336596 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance TRID - CD - Settlement Agent License XXXX The license number is missing for the Settlement Agent company on the last revised CD issued on XX/XX/XXXX. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(r)(3), (5) Acknowledged         2 2 3 2 C B C A C B C A A A B B C B C A A A B B C B C A A A B B C B C A A A B B
XXXX 302336596 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit Income - Tax Transcripts Missing XXXX Tax Transcripts were not provided as required. XXXX and XXXX transcripts required. Resolved Rebuttal 1 (XX/XX/XXXX 3:38PM)
This is not required. The loan does not meet any of the requirements in the guidelines below.

 Response 1 (XX/XX/XXXX 9:11AM)
Explanation received is sufficient. (Resolved)

   XX/XX/XXXX 3 1 3 2 C B C A C B C A A A B B C B C A A A B B C B C A A A B B C B C A A A B B
XXXX 302336596 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. Acceptable Desk Review in file, which supports value. No Finding         1 1 3 2 C B C A C B C A A A B B C B C A A A B B C B C A A A B B C B C A A A B B
XXXX 302337308 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance No Compliance Findings XXXX The loan is in compliance with all applicable laws and regulations. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302337308 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302337308 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Value is supported within XX% of original appraisal amount XXXX The appraised value was supported within XX% and all applicable appraisal guidelines were satisfied. A XXXX desk review was provided which supported the appraised value. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302371094 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance TRID - CD - Settlement Agent License XXXX The license number is missing for the Settlement Agent company on the last revised CD issued on XX/XX/XXXX. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(r)(3), (5) Acknowledged         2 2 3 2 C B C A C B C A A A B B C B C A A A B B C B C A A A B B C B C A A A B B
XXXX 302371094 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit Hazard Insurance - Missing/Insufficient XXXX The loan was missing current hazard insurance policy on the subject property with sufficient coverage/replacement cost. Hazard insurance policy reflects coverage in the amount of $XXXX. Subject loan amount is $XXXX. The policy does not reflect guaranteed replacement cost and the file does not contain an estimate of replacement cost. Resolved Rebuttal 1 (XX/XX/XXXX 5:56PM)
Please see uploaded extended replacement cost for HOI

 Response 1 (XX/XX/XXXX 6:34PM)
Documentation received is sufficient. (Resolved)

   XX/XX/XXXX 3 1 3 2 C B C A C B C A A A B B C B C A A A B B C B C A A A B B C B C A A A B B
XXXX 302371094 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. LD desk review was provided which supported the appraised value in the origination appraisal report. No Finding         1 1 3 2 C B C A C B C A A A B B C B C A A A B B C B C A A A B B C B C A A A B B
XXXX 302338176 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance TRID - CD - Settlement Agent License XXXX The license number is missing for the Settlement Agent company on the last revised CD issued on XX/XX/XXXX. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(r)(3), (5) Acknowledged         2 2 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302338176 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302338176 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. Desk review provided supports value. No Finding         1 1 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302356747 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance No Compliance Findings XXXX The loan is in compliance with all applicable laws and regulations. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302356747 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302356747 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. Desk review provided supports value. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302356745 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance No Compliance Findings XXXX The loan is in compliance with all applicable laws and regulations. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302356745 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302356745 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. Documentation in file reflects a CU Score of 2.4. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302366982 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance No Compliance Findings XXXX The loan is in compliance with all applicable laws and regulations. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302366982 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302366982 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. Desk review provided is acceptable. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302486645 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance No Compliance Findings XXXX The loan is in compliance with all applicable laws and regulations. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302486645 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302486645 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. Internal desk review supports the opinion of value in the origination appraisal report. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302366977 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance TRID - CD - Incorrect Section XXXX The Title - Processing fee was included in Section B of the CD issued on XX/XX/XXXX. However, the fee should have been entered under Section C. Truth in Lending Act (Regulation Z)12 CFR 1026.38(f), (g). Acknowledged         2 2 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302366977 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302366977 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. Desk Review in file supported the appraised value. No Finding         1 1 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302366976 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance TRID - CD - Settlement Agent License XXXX The license number is missing for the Settlement Agent company on the last revised PCCD issued on XX/XX/XXXX. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(r)(3), (5). Acknowledged         2 2 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302366976 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302366976 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. The loan file also contained an Appraisal Desk Review. No Finding         1 1 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302366975 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance TRID - CD/Lender Credits that Cannot Decrease (No Valid COC) XXXX The loan failed the Lender Credits that Cannot Decrease Test. The lender credit decreased on the CD issued on XX/XX/XXXX without a valid change of circumstance. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, and copy of the refund. A cost to cure in the amount of $XXXX is required. Truth in Lending Act (Regulation Z) 12 CFR 2016.19(e)(3)(i) & Official Comment 19(e)(3)(i)-5, -6; 12 CFR 1026.19(e)(3)(iv) Resolved Rebuttal 1 (XX/XX/XXXX 7:27PM)
The lender credit was to cover the cost of the appraisal. On the LE, the credit is for $XXXX to cover the estimated appraisal fee of $XXXX. When the actual invoice was received, the cost was only $XXXX, so that is the amount of the actual lender credit. Please clear the condition. Thank you

Response 1 (XX/XX/XXXX 12:01PM)
The information provided is sufficient to cure the finding. (Resolved)

   XX/XX/XXXX 3 1 3 1 C A A A C A A A A A C A C A A A A A C A C A A A A A C A C A A A A A C A
XXXX 302366975 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 3 1 C A A A C A A A A A C A C A A A A A C A C A A A A A C A C A A A A A C A
XXXX 302366975 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. CU score of 1.6. No Finding         1 1 3 1 C A A A C A A A A A C A C A A A A A C A C A A A A A C A C A A A A A C A
XXXX 302368609 XX/XX/XXXX XXXXX 1 of 5 XXXX XX/XX/XXXX Compliance ROR - Timing XXXX This loan failed the TILA right of rescission test. Closed-end (12 CFR §1026.23(a)(3), transferred from 12 CFR §226.23(a)(3)), Open-end (12 CFR §1026.15(a)(3), transferred from 12 CFR §226.15(a)(3)). The funding date is before the third business day following consummation. The consumer may exercise the right to rescind until midnight of the third business day following consummation, delivery of the notice required by 12 CFR §1026.23 or §1026.15, or delivery of all material disclosures, whichever occurs last. Resolved Rebuttal 1 (XX/XX/XXXX 4:02PM)
Attached

 Response 1 (XX/XX/XXXX 1:58PM)
The provided documentation is sufficient to cure the finding. (Resolved)

   XX/XX/XXXX 3 1 3 2 C B A A C B A A A A C B C B A A A A C B C B A A A A C B C B A A A A C B
XXXX 302368609 XX/XX/XXXX XXXXX 2 of 5 XXXX XX/XX/XXXX Compliance TRID - CD - Closing Information/Closing Date XXXX The CD issued on XX/XX/XXXX does not reflect the correct Closing Date when compared to the notary signature date on the Security Instrument. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(a)(3)(ii). Acknowledged         2 2 3 2 C B A A C B A A A A C B C B A A A A C B C B A A A A C B C B A A A A C B
XXXX 302368609 XX/XX/XXXX XXXXX 3 of 5 XXXX XX/XX/XXXX Compliance TRID - CD - Settlement Agent License XXXX The license number is missing for the Settlement Agent company on the last revised CD issued on XX/XX/XXXX. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(r)(3), (5). Acknowledged         2 2 3 2 C B A A C B A A A A C B C B A A A A C B C B A A A A C B C B A A A A C B
XXXX 302368609 XX/XX/XXXX XXXXX 4 of 5 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 3 2 C B A A C B A A A A C B C B A A A A C B C B A A A A C B C B A A A A C B
XXXX 302368609 XX/XX/XXXX XXXXX 5 of 5 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. The Appraisal Desk Review in file is acceptable for loan amount of $XX to $XX. No Finding         1 1 3 2 C B A A C B A A A A C B C B A A A A C B C B A A A A C B C B A A A A C B
XXXX 302369340 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance TRID - CD - Settlement Agent License XXXX The license number is missing for the Settlement Agent company on the last revised CD issued on XX/XX/XXXX. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(r)(3), (5) Resolved Rebuttal 1 (XX/XX/XXXX 2:11PM)
Please see attached updated CD.

 Response 1 (XX/XX/XXXX 10:40AM)
The provided documentation is sufficient to cure the finding (Resolved)

   XX/XX/XXXX 2 1 2 1 B A A A B A A A A A B A B A A A A A B A B A A A A A B A B A A A A A B A
XXXX 302369340 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 2 1 B A A A B A A A A A B A B A A A A A B A B A A A A A B A B A A A A A B A
XXXX 302369340 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. The file contains a Desk Review that supports the value. No Finding         1 1 2 1 B A A A B A A A A A B A B A A A A A B A B A A A A A B A B A A A A A B A
XXXX 302371090 XX/XX/XXXX XXXXX 1 of 4 XXXX XX/XX/XXXX Compliance TRID - CD - Incorrect Section XXXX The Title - Endorsement Fee, Title - Lender's Title Insurance, and Title - Notary Fee was included in Section B of the CD issued on XX/XX/XXXX. However, the fee should have been entered under Section C. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(f), (g). Acknowledged         2 2 3 2 C B C A C B C A A A B B C B C A A A B B C B C A A A B B C B C A A A B B
XXXX 302371090 XX/XX/XXXX XXXXX 2 of 4 XXXX XX/XX/XXXX Compliance TRID - CD - Settlement Agent License XXXX The license number is missing for the Settlement Agent company on the last revised CD issued on XX/XX/XXXX. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(r)(3), (5). Acknowledged         2 2 3 2 C B C A C B C A A A B B C B C A A A B B C B C A A A B B C B C A A A B B
XXXX 302371090 XX/XX/XXXX XXXXX 3 of 4 XXXX XX/XX/XXXX Credit Hazard Insurance - Missing/Insufficient XXXX The loan was missing current hazard insurance policy on the subject property with sufficient coverage/replacement cost. The file contains evidence of hazard insurance/extended replacement cost, and the annual premium; however, is missing the dwelling coverage amount. Resolved Rebuttal 1 (XX/XX/XXXX 2:39PM)
HOI

 Response 1 (XX/XX/XXXX 10:20AM)
Documentation received is sufficient. (Resolved)

   XX/XX/XXXX 3 1 3 2 C B C A C B C A A A B B C B C A A A B B C B C A A A B B C B C A A A B B
XXXX 302371090 XX/XX/XXXX XXXXX 4 of 4 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. Desk review for loan amounts between $XX and $XX supports the appraised value. No Finding         1 1 3 2 C B C A C B C A A A B B C B C A A A B B C B C A A A B B C B C A A A B B
XXXX 302371089 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance TRID - CD/Lender Credits that Cannot Decrease (No Valid COC) XXXX The loan failed the Lender Credits that Cannot Decrease Test. The lender credit decreased on the CD issued on XX/XX/XXXX without a valid change of circumstance. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, and copy of the refund. A cost to cure in the amount of $XXX is required. Truth in Lending Act (Regulation Z) 12 CFR 2016.19(e)(3)(i) & Official Comment 19(e)(3)(i)-5, -6; 12 CFR 1026.19(e)(3)(iv). Resolved Rebuttal 1 (XX/XX/XXXX 8:29AM)
This is not a Lender Credit, Please re-review.. The $XXXX was "Paid Before Closing"

Rebuttal 2 (XX/XX/XXXX 10:47AM)
What other Documentation / Information is needed to Clear this?

Rebuttal 3 (XX/XX/XXXX 11:42AM)
CD, Refund check and LOX attached

 Response 1 (XX/XX/XXXX 9:34AM)
The information provided is not sufficient to clear the defect. The initial loan estimate dated XX/XX/XXXX reflected $XXXX under Lender Credits to the borrower. If this is not a lender credit as stated in the rebuttal, additional information as well as documentation is required. (Upheld)

Response 2 (XX/XX/XXXX 2:25PM)
The explanation provided is insufficient to cure the finding. Per the Itemization of fees disclosure for LE issued XX/XX/XXXX Lender Credits in the amount of $XXXX were to be applied towards the cost of the Appraisal; however, the Lender Credit was not applied as evidenced by the last revised CD issued XX/XX/XXXX. Since the Lender Credit decreased on the CD issued on XX/XX/XXXX without a valid changed circumstance, a cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, and a copy of the refund. (Upheld)

Response 3 (XX/XX/XXXX 3:57PM)
The provided documentation is sufficient to cure the finding. (Resolved)

   XX/XX/XXXX 3 1 3 1 C A C A C A C A A A C A C A C A A A C A C A C A A A C A C A C A A A C A
XXXX 302371089 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit Debts - Not Verified XXXX The application lists significant debts that were not verified on the credit report and not independently verified. The initial and final application indicate HOA dues for subject property in the amount of $XX per month. The appraisal indicates subject property is a PUD; however, does not indicate the monthly HOA dues. The file does not contain documentation verifying monthly HOA dues of $XXXX. Resolved Rebuttal 1 (XX/XX/XXXX 4:19PM)
Please see attached

 Response 1 (XX/XX/XXXX 5:05PM)
Documentation received is sufficient. (Resolved)

   XX/XX/XXXX 3 1 3 1 C A C A C A C A A A C A C A C A A A C A C A C A A A C A C A C A A A C A
XXXX 302371089 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. CU score received of 2.1 is acceptable for loan amount up to $XXM. No Finding         1 1 3 1 C A C A C A C A A A C A C A C A A A C A C A C A A A C A C A C A A A C A
XXXX 302371087 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance TRID - CD/Payee Not Listed XXXX The loan contains the following fee or fees where 'compensation to' does not reflect a Payee on the revised CD. The Reinspection Fee and Second Appraisal Fee does not list a payee. Acknowledged         2 2 3 2 C B C A C B C A A A B B C B C A A A B B C B C A A A B B C B C A A A B B
XXXX 302371087 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit Income - Employment History XXXX Two full years of continuous employment history was not obtained for the co borrower. According to VOE hire date is XX/XX/XXXX. 1003 indicates with current employer for XX years. The loan file does contain XXXX and XXXX W2's from current employer; however, no other documentation provided to confirm X complete years of continuous employment with no gaps of more than 30 days. Resolved Rebuttal 1 (XX/XX/XXXX 7:08PM)
Please see attached correct VOE. Borrower started in XXXX.

 Response 1 (XX/XX/XXXX 8:29AM)
Documentation received is sufficient. (Resolved)

   XX/XX/XXXX 3 1 3 2 C B C A C B C A A A B B C B C A A A B B C B C A A A B B C B C A A A B B
XXXX 302371087 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. Desk Review provided in loan file. CU score 2.3. No Finding         1 1 3 2 C B C A C B C A A A B B C B C A A A B B C B C A A A B B C B C A A A B B
XXXX 302371084 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance No Compliance Findings XXXX The loan is in compliance with all applicable laws and regulations. No Finding         1 1 3 1 C A C A C A C A A A A A C A C A A A A A C A C A A A A A C A C A A A A A
XXXX 302371084 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit Assets - Cash to Close XXXX The file did not contain evidence the borrower had the proper amount of funds required to close. The borrowers were required to verify funds in the amount of $XXXX, which consisted of cash to close of $XXXX and reserves of $XXXX. The loan file contained bank statements for XXXX #XXXX that verified $XXX. The borrowers were short properly verified assets of $XXXX. The loan file contained 3 months of bank statements for the co-borrower XXXX Portfolio accounts; however, they were not readable. Resolved Rebuttal 1 (XX/XX/XXXX 7:45PM)
Please see attachment.

 Response 1 (XX/XX/XXXX 2:17PM)
Documentation received is sufficient. (Resolved)

   XX/XX/XXXX 3 1 3 1 C A C A C A C A A A A A C A C A A A A A C A C A A A A A C A C A A A A A
XXXX 302371084 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. The loan file also contained an Appraisal Desk Review, dated XX/XX/XXXX that supported the market value. No Finding         1 1 3 1 C A C A C A C A A A A A C A C A A A A A C A C A A A A A C A C A A A A A
XXXX 302372062 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance No Compliance Findings XXXX The loan is in compliance with all applicable laws and regulations. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302372062 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302372062 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. The loan file contained a XXXX Appraisal Department Desk Review which supported the appraised value. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302372061 XX/XX/XXXX XXXXX 1 of 5 XXXX XX/XX/XXXX Compliance State Testing XXXX This loan failed the per diem interest amount test. (XX Bus. Prof. Code §2948.5)The per diem interest amount charged on the loan ($XXXX) exceeds the per diem interest charge or credit threshold ($XXXX). Acknowledged         2 2 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302372061 XX/XX/XXXX XXXXX 2 of 5 XXXX XX/XX/XXXX Compliance TRID - CD - Closing Information/Closing Date XXXX The CD issued on XX/XX/XXXX does not reflect the correct Closing Date when compared to the notary signature date on the Security Instrument. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(a)(3)(ii). Acknowledged         2 2 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302372061 XX/XX/XXXX XXXXX 3 of 5 XXXX XX/XX/XXXX Compliance TRID - CD - Closing Information/Disbursement Date XXXX The CD issued on XX/XX/XXXX does not reflect the correct Disbursement Date when compared to the ALTA Statement. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(a)(3)(iii). Acknowledged         2 2 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302372061 XX/XX/XXXX XXXXX 4 of 5 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302372061 XX/XX/XXXX XXXXX 5 of 5 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. CU score of 2.3 is acceptable for loan amount up to $XX. No Finding         1 1 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302372059 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance No Compliance Findings XXXX The loan is in compliance with all applicable laws and regulations. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302372059 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302372059 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. CU score 2.0 (must be 2.5 or less) is acceptable for loan amount up to $XX. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302372919 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance TRID - CD - Closing Information/Closing Date XXXX The CD issued on XX/XX/XXXX does not reflect the correct Closing Date when compared to the notary signature date on the Security Instrument. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(a)(3)(ii) Acknowledged         2 2 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302372919 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302372919 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. The loan file contains a CU score of 1 and a XXXX desk review. No Finding         1 1 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302372913 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance TRID - CD - Incorrect Section XXXX The Title-Examination Fee was included in Section B of the CD issued on XX/XX/XXXX. However, the fee should have been entered under Section C. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(f), (g) Resolved Rebuttal 1 (XX/XX/XXXX 1:34PM)
copy of CD to move Title exam fee to section C

 Response 1 (XX/XX/XXXX 9:42AM)
The provided documentation is sufficient to cure the finding. (Resolved)

   XX/XX/XXXX 2 1 2 1 B A A A B A A A A A B A B A A A A A B A B A A A A A B A B A A A A A B A
XXXX 302372913 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 2 1 B A A A B A A A A A B A B A A A A A B A B A A A A A B A B A A A A A B A
XXXX 302372913 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. A Desk Review was provided and supported the appraised value. No Finding         1 1 2 1 B A A A B A A A A A B A B A A A A A B A B A A A A A B A B A A A A A B A
XXXX 302372912 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance TRID - CD - Incorrect Section XXXX The Title - Surcharge/Policy Fee was included in Section B of the CD issued on XX/XX/XXXX. However, the fee should have been entered under Section C. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(f), (g) Acknowledged         2 2 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302372912 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302372912 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. The loan file contains a CU score of 2 which is acceptable for a loan amount under $XXXX. No Finding         1 1 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302388325 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance No Compliance Findings XXXX The loan is in compliance with all applicable laws and regulations. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302388325 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302388325 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. The loan file contained an Appraisal Desk Review, dated XX/XX/XXXX that verified the property's market value. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302392704 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance TRID - CD - Settlement Agent License XXXX The license number is missing for the Settlement Agent company on the last revised CD issued on XX/XX/XXXX. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(r)(3), (5). Acknowledged         2 2 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302392704 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302392704 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. The file contains an LD Appraisal Department desk review that supports the value. No Finding         1 1 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302388324 XX/XX/XXXX XXXXX 1 of 4 XXXX XX/XX/XXXX Compliance TRID - CD - Settlement Agent License XXXX The license number is missing for the Settlement Agent company on the last revised CD issued on XX/XX/XXXX. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(r)(3), (5). Acknowledged         2 2 3 2 C B C A C B C A A A C B C B C A A A C B C B C A A A C B C B C A A A C B
XXXX 302388324 XX/XX/XXXX XXXXX 2 of 4 XXXX XX/XX/XXXX Compliance TRID - Zero Tolerance Violation (No Valid COC) XXXX The loan failed the charges that cannot increase test. A valid change of circumstance was not provided in the loan file. Therefore, the increase to the following fees on the LE issued on XX/XX/XXXX was not accepted: Appraisal Fee. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, and copy of the refund. A cost to cure in the amount of $XXXX is required. Truth in Lending Act (Regulation Z) 12 CFR 2016.19(e)(3)(i); 12 CFR 1026.19(e)(3)(iv). Resolved Rebuttal 1 (XX/XX/XXXX 2:20PM)
COC

 Response 1 (XX/XX/XXXX 3:24PM)
The documentation provided is sufficient to cure the finding (Resolved)

   XX/XX/XXXX 3 1 3 2 C B C A C B C A A A C B C B C A A A C B C B C A A A C B C B C A A A C B
XXXX 302388324 XX/XX/XXXX XXXXX 3 of 4 XXXX XX/XX/XXXX Credit Hazard Insurance - Missing/Insufficient XXXX The loan was missing current hazard insurance policy on the subject property with sufficient coverage/replacement cost. The subject loan amount is $XXXX and the total cost new per the appraisal is $XXXX. Per the HOI policy, the total coverage reflected is $XXXX which includes dwelling coverage of $XXXX, extended replacement cost of XX% or $XXXX, building ordinance or law coverage of XX% of coverage A and B or $XXXX and separate structure coverage of $XXXX. Insufficient coverage is provided. Resolved Rebuttal 1 (XX/XX/XXXX 6:56PM)
Reconstruction Cost and Your Coverage A (Dwelling) Amount for the property

 Response 1 (XX/XX/XXXX 1:32PM)
Documentation received is sufficient. (Resolved)

   XX/XX/XXXX 3 1 3 2 C B C A C B C A A A C B C B C A A A C B C B C A A A C B C B C A A A C B
XXXX 302388324 XX/XX/XXXX XXXXX 4 of 4 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. The loan file contains a XXXX Appraisal Department Desk Review which supports the appraised value. No Finding         1 1 3 2 C B C A C B C A A A C B C B C A A A C B C B C A A A C B C B C A A A C B
XXXX 302388323 XX/XX/XXXX XXXXX 1 of 4 XXXX XX/XX/XXXX Compliance ROR - Timing XXXX This loan failed the TILA right of rescission test. Closed-end (12 CFR §1026.23(a)(3), transferred from 12 CFR §226.23(a)(3)), Open-end (12 CFR §1026.15(a)(3), transferred from 12 CFR §226.15(a)(3)). The funding date is before the third business day following consummation. The consumer may exercise the right to rescind until midnight of the third business day following consummation, delivery of the notice required by 12 CFR §1026.23 or §1026.15, or delivery of all material disclosures, whichever occurs last. Resolved Rebuttal 1 (XX/XX/XXXX 4:18PM)
lox pccd

 Response 1 (XX/XX/XXXX 9:08AM)
The documentation provided is sufficient to cure the finding. (Resolved

   XX/XX/XXXX 3 1 3 1 C A A A C A A A A A C A C A A A A A C A C A A A A A C A C A A A A A C A
XXXX 302388323 XX/XX/XXXX XXXXX 2 of 4 XXXX XX/XX/XXXX Compliance TRID - CD - Closing Information/Closing Date XXXX The CD issued on XX/XX/XXXX does not reflect the correct Closing Date when compared to the notary signature date on the Security Instrument. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(a)(3)(ii). Resolved Rebuttal 1 (XX/XX/XXXX 4:17PM)
lox pccd

 Response 1 (XX/XX/XXXX 8:57AM)
The provided documentation is sufficient to cure the finding. (Resolved)

   XX/XX/XXXX 2 1 3 1 C A A A C A A A A A C A C A A A A A C A C A A A A A C A C A A A A A C A
XXXX 302388323 XX/XX/XXXX XXXXX 3 of 4 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 3 1 C A A A C A A A A A C A C A A A A A C A C A A A A A C A C A A A A A C A
XXXX 302388323 XX/XX/XXXX XXXXX 4 of 4 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. CU score 1 (must be 2.5 or less) is acceptable for loan amount up to $XX. No Finding         1 1 3 1 C A A A C A A A A A C A C A A A A A C A C A A A A A C A C A A A A A C A
XXXX 302391329 XX/XX/XXXX XXXXX 1 of 4 XXXX XX/XX/XXXX Compliance TRID - CD - Settlement Agent License XXXX The license number is missing for the Settlement Agent company on the last revised CD issued on XX/XX/XXXX. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(r)(3), (5). Acknowledged         2 2 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302391329 XX/XX/XXXX XXXXX 2 of 4 XXXX XX/XX/XXXX Compliance TRID - CD/Payee Not Listed XXXX The loan contains the following fee or fees where 'compensation to' does not reflect a Payee on the revised CD. The Credit Report Fee does not list a payee. Acknowledged         2 2 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302391329 XX/XX/XXXX XXXXX 3 of 4 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302391329 XX/XX/XXXX XXXXX 4 of 4 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. XXXX Appraisal Department desk review supported the appraised value. No Finding         1 1 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302391327 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance No Compliance Findings XXXX The loan is in compliance with all applicable laws and regulations. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302391327 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302391327 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. CU Score of 1.5 is acceptable for a loan amount of $XXXX. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302410423 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance No Compliance Findings XXXX The loan is in compliance with all applicable laws and regulations. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302410423 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302410423 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. The CU score of 2.5 is acceptable for loan amounts up to $XX. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302394125 XX/XX/XXXX XXXXX 1 of 4 XXXX XX/XX/XXXX Compliance TRID - CD - Settlement Agent License XXXX The license number is missing for the Settlement Agent company on the last revised CD issued on XX/XX/XXXX. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(r)(3), (5) Acknowledged         2 2 3 2 C B C A C B C A A A B B C B C A A A B B C B C A A A B B C B C A A A B B
XXXX 302394125 XX/XX/XXXX XXXXX 2 of 4 XXXX XX/XX/XXXX Compliance TRID - CD/Payee Not Listed XXXX The loan contains the following fee or fees where 'compensation to' does not reflect a Payee on the revised CD issued XX/XX/XXXX: Credit Report. Acknowledged         2 2 3 2 C B C A C B C A A A B B C B C A A A B B C B C A A A B B C B C A A A B B
XXXX 302394125 XX/XX/XXXX XXXXX 3 of 4 XXXX XX/XX/XXXX Credit Income - Rental Property/Missing Lease XXXX The rental income was not properly documented per Appendix Q. Lease agreement is required but missing from the loan file for the property located at XXXX. Loan exceeds max XX% DTI without use of rental income. Resolved Rebuttal 1 (XX/XX/XXXX 10:18PM)
Attached

Rebuttal 2 (XX/XX/XXXX 1:02PM)
Attached is the full Lease Agreement. The Amendment I provided was 5 but the 4 will be the most current that shows the amount of rent. Amendment 4 is page 22.

 Response 1 (XX/XX/XXXX 7:48AM)
Only the lease extension was provided, which does not reflect the monthly rent. (Upheld)

Response 2 (XX/XX/XXXX 8:25AM)
Documentation received is sufficient. (Resolved)

   XX/XX/XXXX 3 1 3 2 C B C A C B C A A A B B C B C A A A B B C B C A A A B B C B C A A A B B
XXXX 302394125 XX/XX/XXXX XXXXX 4 of 4 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. The loan file contains a desk review which supports the opinion of value in the origination appraisal report. No Finding         1 1 3 2 C B C A C B C A A A B B C B C A A A B B C B C A A A B B C B C A A A B B
XXXX 302392702 XX/XX/XXXX XXXXX 1 of 4 XXXX XX/XX/XXXX Compliance ROR - Timing XXXX This loan failed the TILA right of rescission test. Closed-end (12 CFR §1026.23(a)(3), transferred from 12 CFR §226.23(a)(3)), Open-end (12 CFR §1026.15(a)(3), transferred from 12 CFR §226.15(a)(3)). The funding date is before the third business day following consummation. The consumer may exercise the right to rescind until midnight of the third business day following consummation, delivery of the notice required by 12 CFR §1026.23 or §1026.15, or delivery of all material disclosures, whichever occurs last. Resolved Rebuttal 1 (XX/XX/XXXX 10:01AM)
midnight date met

 Response 1 (XX/XX/XXXX 3:35PM)
The documentation provided is sufficient to clear the defect. (Resolved)

   XX/XX/XXXX 3 1 3 1 C A A A C A A A A A C A C A A A A A C A C A A A A A C A C A A A A A C A
XXXX 302392702 XX/XX/XXXX XXXXX 2 of 4 XXXX XX/XX/XXXX Compliance TRID - CD - Closing Information/Closing Date XXXX The CD issued on XX/XX/XXXX does not reflect the correct Closing Date when compared to the notary signature date on the Security Instrument. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(a)(3)(ii). Resolved Rebuttal 1 (XX/XX/XXXX 10:02AM)
disbarment date corrected

 Response 1 (XX/XX/XXXX 3:35PM)
The documentation provided is sufficient to clear the defect. (Resolved)

   XX/XX/XXXX 2 1 3 1 C A A A C A A A A A C A C A A A A A C A C A A A A A C A C A A A A A C A
XXXX 302392702 XX/XX/XXXX XXXXX 3 of 4 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 3 1 C A A A C A A A A A C A C A A A A A C A C A A A A A C A C A A A A A C A
XXXX 302392702 XX/XX/XXXX XXXXX 4 of 4 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. The loan file contained a Appraisal Desk Review, dated XX/XX/XXXX, that supported the market value. No Finding         1 1 3 1 C A A A C A A A A A C A C A A A A A C A C A A A A A C A C A A A A A C A
XXXX 302490739 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance No Compliance Findings XXXX The loan is in compliance with all applicable laws and regulations. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302490739 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302490739 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Value is supported within XX% of original appraisal amount XXXX The appraised value was supported within XX% and all applicable appraisal guidelines were satisfied. The CU score is 1.8. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302393561 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance No Compliance Findings XXXX The loan is in compliance with all applicable laws and regulations. No Finding         1 1 3 1 C A C A C A C A A A A A C A C A A A A A C A C A A A A A C A C A A A A A
XXXX 302393561 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit Debts - Not Verified XXXX The application lists significant debts that were not verified on the credit report and not independently verified. The borrowers were refinancing their rental property XXXX. The subject loan was qualified using the borrowers' proposed housing payment of $XXXX (PITI) for their rental property. The loan file did not contain documentation that verified the new loan of $XXXX with a principal and interest payment of $XXXX. Resolved Rebuttal 1 (XX/XX/XXXX 2:22PM)
Please see attached. Thank you!

Response 1 (XX/XX/XXXX 8:28AM)
Documentation received is sufficient. (Resolved)

   XX/XX/XXXX 3 1 3 1 C A C A C A C A A A A A C A C A A A A A C A C A A A A A C A C A A A A A
XXXX 302393561 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. The loan file contained an Appraisal Desk Review, dated XX/XX/XXXX, that confirmed the subject's property market value. No Finding         1 1 3 1 C A C A C A C A A A A A C A C A A A A A C A C A A A A A C A C A A A A A
XXXX 302394123 XX/XX/XXXX XXXXX 1 of 4 XXXX XX/XX/XXXX Compliance TRID - CD - Closing Information/Closing Date XXXX The CD issued on XX/XX/XXXX does not reflect the correct Closing Date when compared to the notary signature date on the Security Instrument. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(a)(3)(ii). Acknowledged         2 2 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302394123 XX/XX/XXXX XXXXX 2 of 4 XXXX XX/XX/XXXX Compliance TRID - CD/Payee Not Listed XXXX The loan contains the following fee or fees where 'compensation to' does not reflect a Payee on the revised CD. The Reinspection Fee does not list a payee. Acknowledged         2 2 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302394123 XX/XX/XXXX XXXXX 3 of 4 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302394123 XX/XX/XXXX XXXXX 4 of 4 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. The CU score of 2.3 is acceptable for loan amounts up to $XX. No Finding         1 1 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302394119 XX/XX/XXXX XXXXX 1 of 8 XXXX XX/XX/XXXX Compliance HOC - Late XXXX The Homeownership Counseling Disclosure (HOC) dated XX/XX/XXXX was not disclosed within 3 days of the application date, XX/XX/XXXX. Real Estate Settlement Procedures Act (Regulation X) 12 CFR 1024.20(a)(1). Acknowledged         2 2 3 2 C B A A C B A A A A C B C B A A A A C B C B A A A A C B C B A A A A C B
XXXX 302394119 XX/XX/XXXX XXXXX 2 of 8 XXXX XX/XX/XXXX Compliance TRID - XX% Tolerance Violation (Disclosure Timing Fail) XXXX The loan failed the charges that in total cannot increase more than XX% test. Because the loan failed the Initial LE date test, any values that would change under a valid changed circumstance if the disclosure had been delivered timely, will not be considered valid for tolerance purposes. Therefore, baseline did not reset as a result of the following additions: Title - Endorsement Fee, Title - Escrow Fee, Title - Lender Title Insurance, Title - Recording Service Fee, Title - Signing Fee, and Recording Fees. The violation may be cured if documentation is provided showing the disclosure was delivered timely. A cost to cure in the amount of $XXXX is required. Truth in Lending Act (Regulation Z)12 CFR 2016.19(e)(3)(i); 12 CFR 1026.19(e)(3)(iv). Resolved Rebuttal 1 (XX/XX/XXXX 7:51PM)
Please see attached.

 Response 1 (XX/XX/XXXX 1:27PM)
The documentation provided is sufficient to cure the finding. (Resolved)

   XX/XX/XXXX 3 1 3 2 C B A A C B A A A A C B C B A A A A C B C B A A A A C B C B A A A A C B
XXXX 302394119 XX/XX/XXXX XXXXX 3 of 8 XXXX XX/XX/XXXX Compliance TRID - CD - Settlement Agent License XXXX The license number is missing for the Settlement Agent company on the last revised CD issued on XX/XX/XXXX. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(r)(3), (5). Acknowledged         2 2 3 2 C B A A C B A A A A C B C B A A A A C B C B A A A A C B C B A A A A C B
XXXX 302394119 XX/XX/XXXX XXXXX 4 of 8 XXXX XX/XX/XXXX Compliance TRID - Initial LE/Delivery Date (from application) XXXX The loan failed the Initial Loan Estimate delivery date test (from application). The Initial LE issued on XX/XX/XXXX was not disclosed within 3 days of the application date, 12/23/2020. Truth in Lending Act (Regulation Z) 12 CFR 1026.19(e)(1)(iii)(A). Resolved Rebuttal 1 (XX/XX/XXXX 7:52PM)
Please see attached.

 Response 1 (XX/XX/XXXX 1:26PM)
The documentation provided is sufficient to cure the finding. (Resolved)

   XX/XX/XXXX 3 1 3 2 C B A A C B A A A A C B C B A A A A C B C B A A A A C B C B A A A A C B
XXXX 302394119 XX/XX/XXXX XXXXX 5 of 8 XXXX XX/XX/XXXX Compliance TRID - SPL - More than 3 days from Application XXXX The Service Provider List issued on XX/XX/XXXX was not disclosed within 3 days of the application date, XX/XX/XXXX Truth in Lending Act (Regulation Z) 12 CFR 1026.19(e)(1)(vi)(C). Acknowledged         2 2 3 2 C B A A C B A A A A C B C B A A A A C B C B A A A A C B C B A A A A C B
XXXX 302394119 XX/XX/XXXX XXXXX 6 of 8 XXXX XX/XX/XXXX Compliance TRID - Zero Tolerance Violation (Disclosure Timing Fail) XXXX The loan failed the charges that cannot increase test. Because the loan failed the Initial LE date test, any values that would change under a valid changed circumstance if the disclosure had been delivered timely, will not be considered valid for tolerance purposes. Therefore, baseline did not reset as a result of the following additions: Processing Fee, Underwriting Fee, Appraisal Fee, Credit Report Fee, Flood Certificate Fee, and Tax Service Fee. The violation may be cured if documentation is provided showing the disclosure was delivered timely. A cost to cure in the amount of $XXXX is required. Truth in Lending Act (Regulation Z) 12 CFR 2016.19(e)(3)(i); 12 CFR 1026.19(e)(3)(iv). Resolved Rebuttal 1 (XX/XX/XXXX 7:52PM)
Please see attached.

 Response 1 (XX/XX/XXXX 1:27PM)
The documentation provided is sufficient to cure the finding. (Resolved)

   XX/XX/XXXX 3 1 3 2 C B A A C B A A A A C B C B A A A A C B C B A A A A C B C B A A A A C B
XXXX 302394119 XX/XX/XXXX XXXXX 7 of 8 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 3 2 C B A A C B A A A A C B C B A A A A C B C B A A A A C B C B A A A A C B
XXXX 302394119 XX/XX/XXXX XXXXX 8 of 8 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. Cu with a score of 2.1 is acceptable for loan amount up to $XX. No Finding         1 1 3 2 C B A A C B A A A A C B C B A A A A C B C B A A A A C B C B A A A A C B
XXXX 302394708 XX/XX/XXXX XXXXX 1 of 4 XXXX XX/XX/XXXX Compliance ROR - Timing XXXX This loan failed the TILA right of rescission test. Closed-end (12 CFR §1026.23(a)(3), transferred from 12 CFR §226.23(a)(3)), Open-end (12 CFR §1026.15(a)(3), transferred from 12 CFR §226.15(a)(3)) The funding date is before the third business day following consummation. The consumer may exercise the right to rescind until midnight of the third business day following consummation, delivery of the notice required by 12 CFR §1026.23 or §1026.15, or delivery of all material disclosures, whichever occurs last. Resolved Rebuttal 1 (XX/XX/XXXX 1:53PM)
Updated PCCD with correct Fund/Disbursement Date.

 Response 1 (XX/XX/XXXX 3:11PM)
The documentation provided is sufficient to clear the defect. (Resolved)

   XX/XX/XXXX 3 1 3 1 C A A A C A A A A A C A C A A A A A C A C A A A A A C A C A A A A A C A
XXXX 302394708 XX/XX/XXXX XXXXX 2 of 4 XXXX XX/XX/XXXX Compliance TRID - CD - Closing Information/Closing Date XXXX The CD issued on XX/XX/XXXX does not reflect the correct Closing Date when compared to the notary signature date on the Security Instrument. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(a)(3)(ii) Resolved Rebuttal 1 (XX/XX/XXXX 1:38PM)
It is okay that the closing date of XX/XX/XXXX is not the same as the signing/notary date of XX/XX/XXXX as long as the docs are notarized on the day of signing and the signing is before the fund/disbursement date.

 Response 1 (XX/XX/XXXX 3:05PM)
The provided explanation is sufficient to cure the finding. (Resolved)

   XX/XX/XXXX 2 1 3 1 C A A A C A A A A A C A C A A A A A C A C A A A A A C A C A A A A A C A
XXXX 302394708 XX/XX/XXXX XXXXX 3 of 4 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 3 1 C A A A C A A A A A C A C A A A A A C A C A A A A A C A C A A A A A C A
XXXX 302394708 XX/XX/XXXX XXXXX 4 of 4 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. The loan file contained an Appraisal Desk Review, dated XX/XX/XXXX that verified the subject property's market value. No Finding         1 1 3 1 C A A A C A A A A A C A C A A A A A C A C A A A A A C A C A A A A A C A
XXXX 302400064 XX/XX/XXXX XXXXX 1 of 4 XXXX XX/XX/XXXX Compliance TRID - CD - Settlement Agent License XXXX The license number is missing for the Settlement Agent company on the last revised CD issued on XX/XX/XXXX Truth in Lending Act (Regulation Z) 12 CFR 1026.38(r)(3), (5) Acknowledged         2 2 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302400064 XX/XX/XXXX XXXXX 2 of 4 XXXX XX/XX/XXXX Compliance TRID - CD - Transaction Information/Seller Info XXXX The CD issued on XX/XX/XXXX does not reflect the complete Seller address when compared to the Purchase Contract. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(a)(4)(ii) Acknowledged         2 2 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302400064 XX/XX/XXXX XXXXX 3 of 4 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302400064 XX/XX/XXXX XXXXX 4 of 4 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. Due to a CU score of 3.5, an appraisal department desk review was required and provided in the loan file. No Finding         1 1 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302400063 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance No Compliance Findings XXXX The loan is in compliance with all applicable laws and regulations. No Finding         1 1 1 1 A A N/A A A A N/A A A A A A A A N/A A A A A A A A N/A A A A A A A A N/A A A A A A
XXXX 302400063 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 1 1 A A N/A A A A N/A A A A A A A A N/A A A A A A A A N/A A A A A A A A N/A A A A A A
XXXX 302400063 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. A XXXX desk review was provided and supported the appraised value. No Finding         1 1 1 1 A A N/A A A A N/A A A A A A A A N/A A A A A A A A N/A A A A A A A A N/A A A A A A
XXXX 302460761 XX/XX/XXXX XXXXX 1 of 4 XXXX XX/XX/XXXX Compliance TRID - CD - Settlement Agent License XXXX The license number is missing for the Settlement Agent company on the last revised CD issued on XX/XX/XXXX. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(r)(3), (5). Acknowledged         2 2 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302460761 XX/XX/XXXX XXXXX 2 of 4 XXXX XX/XX/XXXX Compliance TRID - CD - Transaction Information/Seller Info XXXX The CD issued on XX/XX/XXXX does not reflect the complete Seller's name and address when compared to the Purchase Contract. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(a)(4)(ii). Acknowledged         2 2 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302460761 XX/XX/XXXX XXXXX 3 of 4 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302460761 XX/XX/XXXX XXXXX 4 of 4 XXXX XX/XX/XXXX Valuation Appraisal - Value is supported within XX% of original appraisal amount XXXX The appraised value was supported within XX% and all applicable appraisal guidelines were satisfied. XXXX's Collateral Underwriter (CU) score of 2.3 was provided. No Finding         1 1 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302462880 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance No Compliance Findings XXXX The loan is in compliance with all applicable laws and regulations. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302462880 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302462880 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Value is supported within XX% of original appraisal amount XXXX The appraised value was supported within XX% and all applicable appraisal guidelines were satisfied. The loan file contains an Appraisal Desk Review dated XX/XX/XXXX which supported the appraised value. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302401366 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance No Compliance Findings XXXX The loan is in compliance with all applicable laws and regulations. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302401366 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302401366 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. The CU Score of 2.2 is acceptable for loan amounts up to $XX. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302410422 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance No Compliance Findings XXXX The loan is in compliance with all applicable laws and regulations. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302410422 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302410422 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. CU score 1.0 is acceptable for loan amount up to $XX. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302404433 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance TRID - CD - Settlement Agent License XXXX The license number is missing for the Settlement Agent Company on the last revised CD issued on XX/XX/XXXX. Truth in Lending Act (Regulation Z)12 CFR 1026.38(r)(3), (5) Acknowledged         2 2 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302404433 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302404433 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. The file contained a XXXX Desk Review which supported the appraised value. No Finding         1 1 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302413549 XX/XX/XXXX XXXXX 1 of 5 XXXX XX/XX/XXXX Compliance TRID - CD - Settlement Agent License XXXX The license number is missing for the Settlement Agent company on the last revised CD issued on XX/XX/XXXX. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(r)(3), (5). Acknowledged         2 2 3 2 C B C A C B C A A A C B C B C A A A C B C B C A A A C B C B C A A A C B
XXXX 302413549 XX/XX/XXXX XXXXX 2 of 5 XXXX XX/XX/XXXX Compliance TRID - CD/Payee Not Listed XXXX The loan contains the following fee or fees where 'compensation to' does not reflect a Payee on the revised CD. The HOA Certification Fee and HOA Master Insurance Fee does not list a payee. Acknowledged         2 2 3 2 C B C A C B C A A A C B C B C A A A C B C B C A A A C B C B C A A A C B
XXXX 302413549 XX/XX/XXXX XXXXX 3 of 5 XXXX XX/XX/XXXX Compliance TRID - Initial CD/Delivery Date (prior to consummation) Non- Rescindable XXXX Non- Rescindable Transaction. The loan failed the Initial Closing Disclosure delivery date test due to the following: The Closing Disclosure was not received by the borrower at least three business days prior to the Consummation Date. The CD issued on XX/XX/XXXX was signed and dated at consummation, XX/XX/XXXX. If disclosure was delivered electronically evidence of receipt as well as the consumer's E-consent is required. Resolved Rebuttal 1 (XX/XX/XXXX 5:29PM)
initial CD attached

 Response 1 (XX/XX/XXXX 12:04PM)
The documentation provided is sufficient to cure the finding. (Resolved)

   XX/XX/XXXX 3 1 3 2 C B C A C B C A A A C B C B C A A A C B C B C A A A C B C B C A A A C B
XXXX 302413549 XX/XX/XXXX XXXXX 4 of 5 XXXX XX/XX/XXXX Credit Program Parameters - LTV XXXX The LTV does not meet the minimum program eligibility guidelines. The subject loan was delivered as an XXXX% LTV/CLTV purchase of a primary residence. Investor Jumbo Guidelines allow for a maximum LTV/CLTV OF XX%; therefore the subject loan does not meet program parameters. Resolved Rebuttal 1 (XX/XX/XXXX 5:27PM)
loan amount is a little over $XX, fico XXXX and ltv at XXXX please see attached loan is within quides

 Response 1 (XX/XX/XXXX 6:23PM)
Explanation and documentation received is sufficient. (Resolved)

   XX/XX/XXXX 3 1 3 2 C B C A C B C A A A C B C B C A A A C B C B C A A A C B C B C A A A C B
XXXX 302413549 XX/XX/XXXX XXXXX 5 of 5 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. XXXX Appraisal Department Desk Review in file supports the appraised value. No Finding         1 1 3 2 C B C A C B C A A A C B C B C A A A C B C B C A A A C B C B C A A A C B
XXXX 302404431 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance TRID - CD - Settlement Agent License XXXX The license number is missing for the Settlement Agent company on the last revised CD issued on XX/XX/XXXX Truth in Lending Act (Regulation Z) 12 CFR 1026.38(r)(3), (5). Acknowledged         2 2 3 2 C B C A C B C A A A B B C B C A A A B B C B C A A A B B C B C A A A B B
XXXX 302404431 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit Assets - Minimum Reserves XXXX Sufficient reserves to meet underwriting requirements and PITI were not verified in the file. The borrowers are required to verify 15 months of reserves or $XXXX. This figure is higher at audit due to monthly taxes verified as higher per tax certs. The borrowers are short $XXXX in reserves. Resolved Rebuttal 1 (XX/XX/XXXX 11:47AM)
Please provide calculation breakdown.

Rebuttal 2 (XX/XX/XXXX 7:00PM)
Per attached tax info, there are only 2 tax bills, any other tax bill you're looking at would be for the previous year. This brought the payment down to $XXXX x XX mos = $XXXX and we are under the $XXX in verified reserves.

 Response 1 (XX/XX/XXXX 1:02PM)
$XXXX per month principal and interest from Note plus $XXXX per month HOI from bill plus $XXXX per month taxes from 3 separate tax bills = $XXXX per month x XX months = $XXXX reserves. Actual reserves = $XXXX. (Upheld)

Response 2 (XX/XX/XXXX 8:42AM)
Documentation received is sufficient. (Resolved)

   XX/XX/XXXX 3 1 3 2 C B C A C B C A A A B B C B C A A A B B C B C A A A B B C B C A A A B B
XXXX 302404431 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. CU score 2.1 (must be 2.5 or less) is acceptable for loan amount up to $XX. No Finding         1 1 3 2 C B C A C B C A A A B B C B C A A A B B C B C A A A B B C B C A A A B B
XXXX 302473058 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance No Compliance Findings XXXX The loan is in compliance with all applicable laws and regulations. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302473058 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302473058 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. CU Score of 1.0 is acceptable for loan amounts up to $XX. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302408744 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance TRID - CD - Incorrect Section XXXX The Title Fees were included in Section B of the CD issued on XX/XX/XXXX. However, the fees should have been entered under Section C since the provider of service was not listed onthe Service Provider List. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(f), (g) Acknowledged         2 2 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302408744 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302408744 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. CU score 2.4 (must be 2.5 or less) is acceptable for loan amount up to $XX. No Finding         1 1 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302459169 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance TRID - CD - Closing Information/Closing Date XXXX The CD issued on XX/XX/XXXX does not reflect the correct Closing Date when compared to the notary signature date on the Security Instrument. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(a)(3)(ii) Acknowledged         2 2 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302459169 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302459169 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. Documentation in file reflects a CU Score of 2.3. An internal desk review was present in file that indicated the opinion of value was acceptable. No Finding         1 1 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302410519 XX/XX/XXXX XXXXX 1 of 4 XXXX XX/XX/XXXX Compliance TRID - XX% Tolerance Violation (No Valid COC) XXXX The loan failed the charges that in total cannot increase more than XX% test. A valid change of circumstance was not provided in the loan file. Therefore, the increase to the following fees was not accepted: Recording Fees. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, and copy of the refund. A cost to cure in the amount of $XXXX is required. Truth in Lending Act (Regulation Z) 12 CFR 2016.19(e)(3)(ii); 12 CFR 1026.19(e)(3)(iv) Resolved Rebuttal 1 (XX/XX/XXXX 11:46AM)
Please see amended CD and proof of refund.

 Response 1 (XX/XX/XXXX 1:28PM)
The documentation provided is sufficient to cure the finding. (Resolved)

   XX/XX/XXXX 3 1 3 2 C B A A C B A A A A C B C B A A A A C B C B A A A A C B C B A A A A C B
XXXX 302410519 XX/XX/XXXX XXXXX 2 of 4 XXXX XX/XX/XXXX Compliance TRID - CD/Payee Not Listed XXXX The loan contains the following fee or fees where 'compensation to' does not reflect a Payee on the revised CD issued XX/XX/XXXX: Credit Report. Upheld Rebuttal 1 (XX/XX/XXXX 11:49AM)
Please see attached CD and refund. Thanks!

Response 1 (XX/XX/XXXX 1:33PM)
The documentation provided is insufficient to cure the finding. The PCCD received and issued XX/XX/XXXX reflects a Credit Report fee of $XXXX where the payee name is missing. (Upheld)

   XX/XX/XXXX 2 2 3 2 C B A A C B A A A A C B C B A A A A C B C B A A A A C B C B A A A A C B
XXXX 302410519 XX/XX/XXXX XXXXX 3 of 4 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 3 2 C B A A C B A A A A C B C B A A A A C B C B A A A A C B C B A A A A C B
XXXX 302410519 XX/XX/XXXX XXXXX 4 of 4 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. The loan file contains a LD Appraisal Department desk review which supports the value in the origination appraisal report. No Finding         1 1 3 2 C B A A C B A A A A C B C B A A A A C B C B A A A A C B C B A A A A C B
XXXX 302477431 XX/XX/XXXX XXXXX 1 of 4 XXXX XX/XX/XXXX Compliance ROR - Timing XXXX This loan failed the TILA right of rescission test. Closed-end (12 CFR §1026.23(a)(3), transferred from 12 CFR §226.23(a)(3)), Open-end (12 CFR §1026.15(a)(3), transferred from 12 CFR §226.15(a)(3)) The funding date is before the third business day following consummation. The consumer may exercise the right to rescind until midnight of the third business day following consummation, delivery of the notice required by 12 CFR §1026.23 or §1026.15, or delivery of all material disclosures, whichever occurs last. Resolved Rebuttal 1 (XX/XX/XXXX 5:59PM)
Please see attached for disbursement date.

 Response 1 (XX/XX/XXXX 3:20PM)
The documentation provided is sufficient to clear the defect. (Resolved)

   XX/XX/XXXX 3 1 3 1 C A C A C A C A A A C A C A C A A A C A C A C A A A C A C A C A A A C A
XXXX 302477431 XX/XX/XXXX XXXXX 2 of 4 XXXX XX/XX/XXXX Compliance TRID - CD - Closing Information/Closing Date XXXX The CD issued on XX/XX/XXXX does not reflect the correct Closing Date when compared to the notary signature date on the Security Instrument. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(a)(3)(ii) Resolved   Response 1 (XX/XX/XXXX 3:20PM)
A PCCD was provided clearing the defect. (Resolved)

   XX/XX/XXXX 2 1 3 1 C A C A C A C A A A C A C A C A A A C A C A C A A A C A C A C A A A C A
XXXX 302477431 XX/XX/XXXX XXXXX 3 of 4 XXXX XX/XX/XXXX Credit Assets - Minimum Reserves XXXX Sufficient reserves to meet underwriting requirements and PITI were not verified in the file. Guidelines required 15 months of reserves. Borrower's verified assets were $XXXX. The cash to close required was $XXXX plus reserves of $XXXX for a total of $XXXX. Borrowers verified funds were short by $XXXX. Resolved Rebuttal 1 (XX/XX/XXXX 5:58PM)
Checking/Saving = $XXXX+$XXXX = $XXXX (verified assets). Cash to close $XXXX + Reserves $XXXX = $XXXX. Please see attached.

 Response 1 (XX/XX/XXXX 8:18AM)
Documentation received is sufficient. (Resolved)

   XX/XX/XXXX 3 1 3 1 C A C A C A C A A A C A C A C A A A C A C A C A A A C A C A C A A A C A
XXXX 302477431 XX/XX/XXXX XXXXX 4 of 4 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. CU was provided with a score of 2.2. No Finding         1 1 3 1 C A C A C A C A A A C A C A C A A A C A C A C A A A C A C A C A A A C A
XXXX 302413517 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance TRID - CD - Incorrect Section XXXX The Survey Fee was included in Section B of the CD issued on XX/XX/XXXX. However, the fee should have been entered under Section C. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(f), (g) Acknowledged         2 2 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302413517 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302413517 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Value is supported within XX% of original appraisal amount XXXX The appraised value was supported within XX% and all applicable appraisal guidelines were satisfied. XXXX's Collateral Underwriter (CU) with a score of 2.1 was provided. No Finding         1 1 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302423617 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance TRID - CD - Settlement Agent License XXXX The license number is missing for the Settlement Agent company on the last revised CD issued on XX/XX/XXXX. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(r)(3), (5) Acknowledged         2 2 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302423617 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302423617 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. The loan file contains a LD Desk Review which supports appraised value in the origination appraisal report. No Finding         1 1 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302459167 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance TRID - CD - Transaction Information/Seller Info XXXX The CD issued on XX/XX/XXXX does not reflect the complete Seller name and address when compared to the Purchase Contract. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(a)(4)(ii). Acknowledged         2 2 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302459167 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302459167 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. A Desk Review completed by XXXX was provided and supported the appraised value. No Finding         1 1 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302456523 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance TRID - CD - Incorrect Section XXXX The Title Examination Fee was included in Section B of the CD issued on XX/XX/XXXX. However, the fee should have been entered under Section C. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(f), (g) Resolved Rebuttal 1 (XX/XX/XXXX 1:42PM)
corrected cd

 Response 1 (XX/XX/XXXX 11:04AM)
The documentation provided is sufficient to cure the finding. (Resolved)

   XX/XX/XXXX 2 1 2 1 B A A A B A A A A A B A B A A A A A B A B A A A A A B A B A A A A A B A
XXXX 302456523 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 2 1 B A A A B A A A A A B A B A A A A A B A B A A A A A B A B A A A A A B A
XXXX 302456523 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. A Desk Review completed by XXXX was provided which supported the appraisal value of the subject. No Finding         1 1 2 1 B A A A B A A A A A B A B A A A A A B A B A A A A A B A B A A A A A B A
XXXX 302459164 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance No Compliance Findings XXXX The loan is in compliance with all applicable laws and regulations. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302459164 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302459164 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. A Desk Review performed by XXXX was provided and supported the market value. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302459163 XX/XX/XXXX XXXXX 1 of 4 XXXX XX/XX/XXXX Compliance TRID - CD - Settlement Agent License XXXX The license number is missing for the Settlement Agent company on the last revised CD issued on XX/XX/XXXX. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(r)(3), (5) Resolved Rebuttal 1 (XX/XX/XXXX 5:21PM)
CD CORRECTED

 Response 1 (XX/XX/XXXX 2:37PM)
The documentation provided is sufficient to clear the defect. (Resolved)

   XX/XX/XXXX 2 1 3 1 C A C A C A C A A A B A C A C A A A B A C A C A A A B A C A C A A A B A
XXXX 302459163 XX/XX/XXXX XXXXX 2 of 4 XXXX XX/XX/XXXX Compliance TRID - CD - Transaction Information/Seller Info XXXX The CD issued on XX/XX/XXXX does not reflect the complete Seller address when compared to the Purchase Contract. Truth in Lending Act (Regulation Z)12 CFR 1026.38(a)(4)(ii) Resolved Rebuttal 1 (XX/XX/XXXX 5:22PM)
CD CORRECTED

 Response 1 (XX/XX/XXXX 2:38PM)
The documentation provided is sufficient to clear the defect. (Resolved)

   XX/XX/XXXX 2 1 3 1 C A C A C A C A A A B A C A C A A A B A C A C A A A B A C A C A A A B A
XXXX 302459163 XX/XX/XXXX XXXXX 3 of 4 XXXX XX/XX/XXXX Credit Assets - Minimum Reserves XXXX Guidelines require that XX% of required reserves be in a liquid, non retirement account. Liquid reserves remaining after funds to close are $XXXX, which is less than the required $XXXX. Resolved Rebuttal 1 (XX/XX/XXXX 5:16PM)
ASSETS PROVIDED

 Response 1 (XX/XX/XXXX 8:03AM)
Documentation received is sufficient. (Resolved)

   XX/XX/XXXX 3 1 3 1 C A C A C A C A A A B A C A C A A A B A C A C A A A B A C A C A A A B A
XXXX 302459163 XX/XX/XXXX XXXXX 4 of 4 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. XX Appraisal Department desk review supports value. No Finding         1 1 3 1 C A C A C A C A A A B A C A C A A A B A C A C A A A B A C A C A A A B A
XXXX 302470429 XX/XX/XXXX XXXXX 1 of 4 XXXX XX/XX/XXXX Compliance TRID - CD - Section B incorrect payee XXXX The loan contains a fee or fees where 'compensation to' reflects either 'Lender or Broker' or blank under Section B- Services Borrower Did Not Shop For of the revised CD issued on XX/XX/XXXX. However, this fee should not be retained by the lender, broker or blank. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed. Acknowledged         2 2 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302470429 XX/XX/XXXX XXXXX 2 of 4 XXXX XX/XX/XXXX Compliance TRID - CD - Transaction Information/Seller Info XXXX The CD issued on XX/XX/XXXX does not reflect the complete Seller address when compared to the Purchase Contract. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(a)(4)(ii) Acknowledged         2 2 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302470429 XX/XX/XXXX XXXXX 3 of 4 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302470429 XX/XX/XXXX XXXXX 4 of 4 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. XX Appraisal Department desk review supports value. No Finding         1 1 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302464894 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance No Compliance Findings XXXX The loan is in compliance with all applicable laws and regulations. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302464894 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302464894 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. CU was provided with a score of 1.4. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302469359 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance No Compliance Findings XXXX The loan is in compliance with all applicable laws and regulations. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302469359 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302469359 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. CU score 1.7 is acceptable for loan amount up to $XX. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302473055 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance TRID - CD - Closing Information/Closing Date XXXX The CD issued on XX/XX/XXXX does not reflect the correct Closing Date when compared to the notary signature date on the Security Instrument. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(a)(3)(ii) Acknowledged         2 2 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302473055 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302473055 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Value is supported within XX% of original appraisal amount XXXX The appraised value was supported within XX% and all applicable appraisal guidelines were satisfied. CU score is 2. No Finding         1 1 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302470425 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance No Compliance Findings XXXX The loan is in compliance with all applicable laws and regulations. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302470425 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302470425 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. CU was provided with a score of 2. No Finding         1 1 1 1 A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A
XXXX 302470424 XX/XX/XXXX XXXXX 1 of 4 XXXX XX/XX/XXXX Compliance No Compliance Findings XXXX The loan is in compliance with all applicable laws and regulations. No Finding         1 1 3 1 C A C A C A C A A A A A C A C A A A A A C A C A A A A A C A C A A A A A
XXXX 302470424 XX/XX/XXXX XXXXX 2 of 4 XXXX XX/XX/XXXX Credit Credit Missing - One or More Reports Missing XXXX Not all required credit reports are within the file. The file contained 14 pages of a XXX Merged Credit Report. The information on these pages was illegible. Unable to determine eligibility of the borrower's credit/credit score. Resolved Rebuttal 1 (XX/XX/XXXX 2:01PM)
Credit Report attached

 Response 1 (XX/XX/XXXX 8:41AM)
Documentation received is sufficient. (Resolved)

   XX/XX/XXXX 3 1 3 1 C A C A C A C A A A A A C A C A A A A A C A C A A A A A C A C A A A A A
XXXX 302470424 XX/XX/XXXX XXXXX 3 of 4 XXXX XX/XX/XXXX Credit Verification Documentation - VOE/Missing XXXX A VOE is missing from the loan file. The loan file is missing a VOE for the borrower. Resolved Rebuttal 1 (XX/XX/XXXX 1:58PM)
VVOE atached

 Response 1 (XX/XX/XXXX 8:30AM)
Documentation received is sufficient. (Resolved)

   XX/XX/XXXX 3 1 3 1 C A C A C A C A A A A A C A C A A A A A C A C A A A A A C A C A A A A A
XXXX 302470424 XX/XX/XXXX XXXXX 4 of 4 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. A Desk Review completed by XXXX was provided and supported the value of the subject. No Finding         1 1 3 1 C A C A C A C A A A A A C A C A A A A A C A C A A A A A C A C A A A A A
XXXX 302477423 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance TRID - CD - Closing Information/Closing Date XXXX The CD issued on XX/XX/XXXX does not reflect the correct Closing Date when compared to the notary signature date on the Security Instrument. Truth in Lending Act (Regulation Z)12 CFR 1026.38(a)(3)(ii) Acknowledged         2 2 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302477423 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit No Credit Findings XXXX The loan meets all applicable credit guidelines. No Finding         1 1 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302477423 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. The CU score was 2. No Finding         1 1 2 2 B B A A B B A A A A B B B B A A A A B B B B A A A A B B B B A A A A B B
XXXX 302486622 XX/XX/XXXX XXXXX 1 of 3 XXXX XX/XX/XXXX Compliance No Compliance Findings XXXX The loan is in compliance with all applicable laws and regulations. No Finding         1 1 3 1 C A C A C A C A A A A A C A C A A A A A C A C A A A A A C A C A A A A A
XXXX 302486622 XX/XX/XXXX XXXXX 2 of 3 XXXX XX/XX/XXXX Credit Program Parameters - LTV XXXX The LTV does not meet the minimum program eligibility guidelines. Investor guidelines allow a maximum LTV of XX% for the subject transaction. The actual LTV was XX%. Resolved Rebuttal 1 (XX/XX/XXXX 1:10PM)
please review this condition and the attached XX Jumbo advantage matrix per our jumbo guidelines, this loan qualifies. Purchase transaction at XX% with fisco of XXX

Rebuttal 2 (XX/XX/XXXX 1:02PM)
updated matriz dated XX/XX/XXXX please review and clear condition

Response 1 (XX/XX/XXXX 12:12PM)
Please clarify. Matrix version allowing XX% LTV is effective XX/XX/XXXX. The closing date was XX/XX/XXXX which would fall under the Matrix version dated XX/XX/XXXX with a maximum LTV of XX%. (Upheld)

Response 2 (XX/XX/XXXX 8:07AM)
Documentation received is sufficient. (Resolved)

   XX/XX/XXXX 3 1 3 1 C A C A C A C A A A A A C A C A A A A A C A C A A A A A C A C A A A A A
XXXX 302486622 XX/XX/XXXX XXXXX 3 of 3 XXXX XX/XX/XXXX Valuation Appraisal - Performed by appropriately licensed appraiser XXXX The appraisal under review was performed and completed by an appropriately licensed appraiser. The CU score was 1.7. No Finding         1 1 3 1 C A C A C A C A A A A A C A C A A A A A C A C A A A A A C A C A A A A A
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