0000929638-25-003886.txt : 20251014 0000929638-25-003886.hdr.sgml : 20251014 20251014102744 ACCESSION NUMBER: 0000929638-25-003886 CONFORMED SUBMISSION TYPE: ABS-15G PUBLIC DOCUMENT COUNT: 21 CONFORMED PERIOD OF REPORT: 20251014 ITEM INFORMATION: Findings and Conclusions of the Third Party Due Diligence Provider Obtained by the Issuer FILED AS OF DATE: 20251014 DATE AS OF CHANGE: 20251014 ABS RULE: RULE-15GA2 REGISTERED ENTITY: N ABS ASSET CLASS: Residential mortgages - Other/Combined FILER: COMPANY DATA: COMPANY CONFORMED NAME: SEQUOIA RESIDENTIAL FUNDING INC CENTRAL INDEX KEY: 0001176320 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] ORGANIZATION NAME: Office of Structured Finance EIN: 352170972 FILING VALUES: FORM TYPE: ABS-15G SEC ACT: Dodd Frank Act SEC FILE NUMBER: 025-02354 FILM NUMBER: 251390302 BUSINESS ADDRESS: STREET 1: ONE BELVEDERE PLACE, STREET 2: SUITE 300 CITY: MILL VALLEY STATE: CA ZIP: 94941 BUSINESS PHONE: 415-389-7373 MAIL ADDRESS: STREET 1: ONE BELVEDERE PLACE, STREET 2: SUITE 300 CITY: MILL VALLEY STATE: CA ZIP: 94941 DEPOSITOR: COMPANY DATA: COMPANY CONFORMED NAME: SEQUOIA RESIDENTIAL FUNDING INC CENTRAL INDEX KEY: 0001176320 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] ORGANIZATION NAME: Office of Structured Finance EIN: 352170972 FILING VALUES: FORM TYPE: ABS-15G SEC ACT: Dodd Frank Act BUSINESS ADDRESS: STREET 1: ONE BELVEDERE PLACE, STREET 2: SUITE 300 CITY: MILL VALLEY STATE: CA ZIP: 94941 BUSINESS PHONE: 415-389-7373 MAIL ADDRESS: STREET 1: ONE BELVEDERE PLACE, STREET 2: SUITE 300 CITY: MILL VALLEY STATE: CA ZIP: 94941 SECURITIZER: COMPANY DATA: COMPANY CONFORMED NAME: SEQUOIA RESIDENTIAL FUNDING INC CENTRAL INDEX KEY: 0001176320 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] ORGANIZATION NAME: Office of Structured Finance EIN: 352170972 FILING VALUES: FORM TYPE: ABS-15G SEC ACT: Dodd Frank Act BUSINESS ADDRESS: STREET 1: ONE BELVEDERE PLACE, STREET 2: SUITE 300 CITY: MILL VALLEY STATE: CA ZIP: 94941 BUSINESS PHONE: 415-389-7373 MAIL ADDRESS: STREET 1: ONE BELVEDERE PLACE, STREET 2: SUITE 300 CITY: MILL VALLEY STATE: CA ZIP: 94941 ABS-15G 1 semt2025-11_abs15g.htm

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM ABS-15G

ASSET-BACKED SECURITIZER

REPORT PURSUANT TO SECTION 15G OF

THE SECURITIES EXCHANGE ACT OF 1934

Check the appropriate box to indicate the filing obligation to which this form is intended to satisfy:

___	Rule 15Ga-1 under the Exchange Act (17 CFR 240.15Ga-1) for the reporting period ______________ to ______________.

Date of Report (Date of earliest event reported): ______________

Commission File Number of securitizer: ______________

Central Index Key Number of securitizer: ______________

Name and telephone number, including area code, of the person to

contact in connection with this filing.

Indicate by check mark whether the securitizer has no activity to report for the initial period pursuant to Rule 15Ga-1(c)(1) [ ]

Indicate by check mark whether the securitizer has no activity to report for the quarterly period pursuant to Rule 15Ga-1(c)(2)(i) [ ]

Indicate by check mark whether the securitizer has no activity to report for the annual period pursuant to Rule 15Ga-1(c)(2)(ii) [ ]

_X_	Rule 15Ga-2 under the Exchange Act (17 CFR 240.15Ga-2)

Central Index Key Number of depositor: 0001176320

Central Index Key Number of sponsor: N/A

Sequoia Mortgage Trust 2025-11

(Exact name of issuing entity as specified in its charter)

Central Index Key Number of issuing entity (if applicable): N/A

Central Index Key Number of underwriter (if applicable): N/A

Ashley Templeton, (303) 376-3688
Name and telephone number, including area code, of the person to

contact in connection with this filing.

INFORMATION TO BE INCLUDED IN THE REPORT

Item 2.01.

Findings and Conclusions of a Third Party Due Diligence Report Obtained By the Issuer

The disclosures required by Rule 15Ga-2 (17 CFR 240.15Ga-2) are attached as Exhibits to this Form ABS-15G. Please see the Exhibit Index for the related information.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the reporting entity has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: October 14, 2025

SEQUOIA RESIDENTIAL FUNDING, INC.
(Depositor)


By:	/s/ Jeremy Strom
	Name:	Jeremy Strom
	Title:	Authorized Officer

EXHIBIT INDEX

Exhibit Number

99.1	Clayton Services LLC (“Clayton”) Due Diligence Narrative Report
99.2	Clayton Loan Level Tape Compare Upload
99.3	Clayton Rating Agency ATR QM Data Fields
99.4	Clayton ATR QM Upload
99.5	Clayton Valuations Summary
99.6	Clayton Conditions Report 2.0
99.7	Clayton Waived Conditions Summary
99.8	AMC Diligence, LLC (“AMC”) Due Diligence Executive Summary
99.9	AMC Loan Securitization Report Set
99.10	Consolidated Analytics, Inc (“Consolidated Analytics”) Executive Summary
99.11	Consolidated Analytics Due Diligence Standard Report
99.12	Consolidated Analytics Rating Agency Grades Summary Report
99.13	Consolidated Analytics Valuations Report
99.14	Consolidated Analytics Data Compare Report

EX-99.1 2 exhibit99-1.htm CLAYTON SERVICES LLC ("CLAYTON") DUE DILIGENCE NARRATIVE REPORT

SEMT 2025-11

Due Diligence Narrative Report

October 7, 2025

TABLE OF CONTENTS

Clayton Contact Information	2

Overview	2

Originators	2

Clayton’s Third Party Review (“TPR”) Scope of Work	2

Sampling	3

Sponsor Acquisition Criteria	3

Loan Grading	3

TPR Component Review Scope	4
Credit Review	4
Property Valuation Review	4
Regulatory Compliance Review	5

Data Capture	6

Data Integrity	6

Data Compare Results	7

Clayton Due Diligence Results	8

Clayton Third Party Reports Delivered	9

Appendix A: Credit Review Scope	10

Appendix B: Origination Appraisal Assessment	13

Appendix C: Regulatory Compliance Review Scope	16

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September 18, 2025

CLAYTON CONTACT INFORMATION

Client Service Management:

		Chris Turk	Client Service Manager
			Phone: (813) 472-6509/E-mail: cturk@clayton.com

		Joe Ozment	Director of Securitization
			Phone: (813) 261-0733/E-mail: jozment@clayton.com

OVERVIEW

On behalf of Redwood Trust, Clayton conducted an independent third-party pre-securitization due diligence review of 187 residential loans selected for the SEMT 2025-11 transaction.

The loans referenced in this narrative report were reviewed on a flow basis from March 2025 to September 2025 at Clayton’s centralized underwriting facilities in Tampa, FL. This narrative report provides information about the original lenders, the scope of work performed by Clayton, and the results of Clayton’s review.

ORIGINATORS

Origination channels for the loans in this review:

Origination Channel	Loan Count	Percentage
Broker	18	9.63%
Retail	154	82.35%
Correspondent Flow without delegated underwriting	15	8.02%
Total	187	100.00%

CLAYTON’S THIRD PARTY REVIEW (“TPR”) SCOPE OF WORK

The scope of work for this transaction consisted of credit, property valuation, and regulatory compliance reviews, plus a data integrity check, and were performed in accordance with rating agency¹ loan level review standards in place as of the date of the review. This is referred to as a “Full Review.”

¹ Standard and Poor’s, Moody’s, Fitch, Kroll , DBRS & Morningstar

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SAMPLING

For all originators in this transaction the loans received a Full Review. For Redwood Trust all of the loans were selected for a Full review and the remaining loans received a “Limited Review” as described below.

Review Type Loan Counts:

Review Type	Loan Count Reviewed by Clayton	Scope Applied
Full Review	187	Clayton performed a Full Review based on the scope described below in the section titled “TPR Component Review Scope”.
Limited Review	6	Redwood Trust elected to have Clayton conduct a Limited Review in lieu of a Full Review on selected loans. This review was beyond the required minimum sample. The Limited Review consisted of a data capture and document assessment of the Final 1003 (Loan Application), Credit Report, Appraisal, Final HUD-1, Title Policy, Deed of Trust/Mortgage, Note and Purchase Contract. Loan grading was not applied to Limited Review loans. The Clayton Review Results section of this narrative report does not include any loans from the Limited Review. If any required documents were missing, Clayton submitted appropriate conditions to Redwood Trust. Redwood Trust was responsible for obtaining any missing documents from its sellers in order to clear document conditions on Limited Reviews.
Total Loan Population	193

SPONSOR ACQUISITION CRITERIA

The loans were originated to Redwood/Jumbo Program Eligibility Guide Select QM Version 2.3, 2.4, 2.5, 2.8, 2.9

LOAN GRADING

The Sponsor Acquisition Criteria referenced above served as the benchmark for grading loans from a credit underwriting, property valuation and regulatory compliance perspective, as applicable. Each loan received an “initial” and a “final” grade. The “initial” grade was assigned during the initial loan review. The “final” grade takes into account additional information and supporting documentation that may have been provided by the originators to clear outstanding conditions. Clayton’s loan grading is solely based on Clayton’s independent assessment of all guideline exceptions and compensating factors for each of the component reviews. Clayton is providing a comprehensive loan-level analysis as part of this pre-securitization reporting package that includes initial grades, final grades and detailed commentary on the rationale for any changes in grades, and sets forth compensating factors and waivers.

Clayton’s loan grading complied with rating agency grading definitions published by Moody’s, Standard and Poor’s, Fitch, Morningstar, Kroll and DBRS.

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TPR COMPONENT REVIEW SCOPE

Clayton examined the selected loan files with respect to the presence or absence of relevant documents, enforceability of mortgage loan documents, and accuracy and completeness of data fields. Clayton relied on the accuracy of information contained in loan documentation provided to Clayton.

CREDIT REVIEW

Clayton’s Credit scope of review conducted on this transaction included the following elements (for more detail, please refer to Appendix A and to the guidelines cited above):

◾	Assessed whether the characteristics of the mortgage loans and the borrowers conformed to the Sponsor Acquisition Criteria cited above;

◾	Re-calculated LTV, CLTV, income, liabilities, and debt-to-income ratios (DTI) and compared these against the Sponsor Acquisition Criteria;

◾	Analyzed asset statements in order to determine whether funds to close and reserves were within Sponsor Acquisition Criteria;

◾	Confirmed that credit scores (FICO) and credit histories were within Sponsor Acquisition Criteria;

◾	Evaluated evidence of borrower’s willingness and ability to repay the obligation;

◾

Examined Data Verify risk evaluation report, which was ordered and received by Clayton for income, employment, Nationwide Multistate Licensing System and Registry (“NMLS”) and occupancy status alerts. Clayton researched alert information against loan documentation and assigned loan conditions accordingly.

PROPERTY VALUATION REVIEW

Clayton’s Property Valuation scope of review conducted on this transaction included the following elements:

◾

Original Appraisal Assessment

Clayton reviewed the original appraisal provided to determine whether the original appraisal was complete, thorough and the original appraised value was reasonably supported.

For more detail on the original appraisal review scope and desk review definitions, please refer to Appendix B and to the guidelines cited above.

◾ Value Supported Analysis

Clayton applied a cascade methodology to determine if the original appraised value was reasonably supported when compared to an independent third party valuation product.

For loans reviewed in a post-close valuation review scenario:

For loans reviewed in a post-close valuation review scenario various products were ordered to support the value within a 10% tolerance such as Desk Review, Field Reviews, AVMs, BPOs, Reconciliations or loans included a 2^nd appraisal to support the value. Please refer to the Valuations Report for additional details per loan.

Clayton did not have independent access to any valuation products ordered by the Sellers.

Loans that had a Collateral Underwriter through Fannie/DU with a score of 2.5 or less and therefore did not require a 3rd party valuation product.

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REGULATORY COMPLIANCE REVIEW

Clayton’s Regulatory Compliance scope of review conducted on this transaction included the elements summarized below. (For more detail, please refer to Appendix C and to the guidelines cited above.)

Clayton utilized its proprietary eCLAS engine for regulatory compliance testing.

The scope of the compliance review performed is summarized below:

◾

Tested for certain applicable federal, state and local high cost and/or anti-predatory laws;

◾

Assessed compliance with state specific consumer protection laws by testing late charge and prepayment penalty provisions;

◾

Truth-in-lending/regulation Z (TILA) testing included the following:

Notice of Right to Cancel (Right of Rescission) adherence if applicable;

TIL Disclosure Timing (3/7/3) and disclosure content;

TIL APR and Finance charge tolerances;

Timeliness of ARM Disclosures (if applicable);

Section 32 APR and Points and Fees Thresholds and prohibited practices;

Section 35 Higher Priced Mortgage Loans thresholds and applicable escrow and appraisal requirements;

Prohibited Acts or Practices including Loan Originator compensation rules, NMLSR ID on documents, financing Credit Insurance, mandatory arbitration clauses, and NegAm Counseling;

Reviewed ATR/QM Ability to Repay (a/k/a Minimum Standards for Transactions): for applications on all loans in the pool. Clayton confirmed the loan files contain documentation to evidence the lender considered and verified the borrower’s ability to Repay. This included identifying whether QM loans met agency exemptions or were underwritten in accordance with Appendix Q.

The ATR/QM Rules allow the lender to exclude up to two discount points from the 3% points and fees evaluation depending on the loan’s undiscounted interest rate in relation to the APOR index rate. The ATR/QM Rule does not set the required rate reduction per discount point.

Clayton evaluated the lender’s exclusion of discount points from the 3% points and fees calculation for all loans in this transaction using a 0.2% rate reduction threshold per discount point. However, client reserves the right to review on a case-by- case basis.

Prepayment Penalty restrictions.

TRID: on applicable loans, test compliance with the Integrated Mortgage Disclosure rules under the Real Estate Settlement Procedures Act (Regulation X) and the Truth in Lending Act (Regulation Z) defined under the Dodd- Frank Wall Street Reform and Consumer Protection Act as promulgated by the Consumer Financial Protection Bureau.

◾

Real Estate Settlement Procedures Act (RESPA) laws and regulations testing included:

GFE initial disclosure timing and content;

Confirmed the file contains the final HUD1 Settlement Statement;

GFE to HUD1 evaluation for 0% and 10% fee tolerances;

Homeownership Counseling Notice;

Affiliated Business Disclosure if applicable.

OF NOTE: As of October 3, 2015 (“TRID Effective Date”), Clayton commenced testing applicable loans subject to the TRID Effective date against a TRID scope of review that was based on outside counsel’s interpretations of the published regulations as of the TRID Effective Date. Clayton’s scope was commercially reasonable as it relates to a Third Party Review (“TPR”) firm’s role as TPR conducting an independent third-party pre-securitization due diligence review (“Initial TRID Scope”). The Initial TRID Scope was created with guidance from outside counsel.

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On, June 15th, SFA published its RMBS 3.0 TRID Compliance Review Scope © documentation, developed under the leadership of members from Third Party Review (“TPR”) firms across the industry and SFA’s RMBS 3.0 Due Diligence, Data and Disclosure Working Group. The RMBS 3.0 TRID Compliance Review Scope was created with an aim to facilitate a uniform testing and risk identification standard as it would apply to an assignee, as a result of a consistent Truth-In-Lending Act liability interpretation according to the understanding of prevailing legal precedent and informal written guidance and webinars offered by the CFPB, as it applies to the Know Before You Owe / Truth In Lending Act (“TILA) – Real Estate Settlement Procedures Act (“RESPA”) Integrated Disclosure (“TRID”) Rule (78 FR 79730, as amended). RMBS 3.0 TRID Compliance Review Scope may be formally amended by the SFA RMBS 3.0 Due Diligence, Data and Disclosure Working Group as clarifying regulations may be promulgated on a go forward basis, as well as any binding judicial interpretations of the underlying law.

Following the June 15^th formal publication of the RMBS 3.0 TRID Compliance Review Scope ©, Clayton reviewed prior testing results dating back to the TRID Effective Date, and applied the enhanced RMBS 3.0 TRID Compliance Review Scope.

Clayton applied the enhanced RMBS 3.0 TRID Compliance Review Scope to all loans in this transaction.

DATA CAPTURE

Clayton collected data fields required to create American Securitization Forum (“ASF”). The file format was provided as part of the pre-securitization reporting package. Additionally, Clayton captured rating agency required data points relating to ATR/QM determination, which is provided in the reporting package.

DATA INTEGRITY

Clayton utilized its proprietary eCLAS tool to determine tape to file accuracy of each reviewed loan, by completing the following steps:

◾	Tape data received from lender/client is stored in eCLAS;

◾	Loan Reviewer collects validated loan data in eCLAS;

◾	Each received data point is compared to its counterpart collected data point;

◾	Discrepancies found during comparison are stored

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DATA COMPARE RESULTS

Clayton provided Redwood Trust with a copy of the Loan Level Tape Compare Upload which shows the differences between the data received by the sellers versus the data captured by Clayton during the loan review.

Summary of data compare results:

Field Name	#	Accuracy %
Combined LTV	19	89.84%
Debt to Income Ratio (Back)	48	74.33%
Loan Purpose	4	97.86%
Note Rate	1	99.47%
Original Balance	4	97.86%
Original LTV	19	89.84%

Clayton received the following data fields listed below from RWT and provided a summary of the discrepancies above. We did not include the deltas found for borrower names and addresses for PII purposes.

Data Provided	Clayton provided Delta's
Borrower 1 First Time Home Buyer	No
Combined LTV	Yes
Debt to Income Ratio	Yes
Loan Purpose	Yes
Note Rate	Yes
Occupancy Type	No
Original Balance	Yes
Original LTV	Yes
Prepay Penalty Term	No
Property Type	No
Representative Credit Score for Grading	No
Sales Price	No
Borrower 1 First Name	No
Borrower 1 Last Name	No
Property City	No
Property Street Address	No
Property Zip	No

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CLAYTON DUE DILIGENCE RESULTS

Below are the initial and final overall loan grades for this review, as well as the credit, property valuation, and regulatory compliance component review grades.

Initial and Final Overall Loan Grade Results

	Overall Grade Migration
	Initial
Final		A	B	C	D	Total
	A	85	10	14	45	154
	B		5	16	12	33
	C					0
	D					0
	Total	85	15	30	57	187

The overall grade summary reflects the combination of the credit, property valuation and regulatory compliance component reviews into one overall grade. The overall grade assigned is the most severe grade from each of the component reviews.

Initial and Final Credit Component Grade Results

	Credit Grade Migration
	Initial
Final		A	B	C	D	Total
	A	122	8	10	31	171
	B		4	5	7	16
	C					0
	D					0
	Total	122	12	15	38	187

Initial and Final Property Valuation Grade Results

	Property Valuation Grade Migration
	Initial
Final		A	B	C	D	Total
	A	170		2	13	185
	B			2		2
	C					0
	D					0
	Total	170	0	4	13	187

Initial and Final Regulatory Compliance Grade Results

	Compliance Grade Migration
	Initial
Final		A	B	C	D	Total
	A	115	9	11	30	165
	B		4	14	4	22
	C					0
	D					0
	Total	115	13	25	34	187

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CLAYTON THIRD PARTY REPORTS DELIVERED

Clayton furnished the following reports on this transaction:

Narrative Report

Attestation Forms

ASF Upload

ATR QM Upload

Conditions Report

HOA Report

Loan Level Tape Compare Upload

Rating Agency ATR QM Upload

Sale Report

10.

Valuations Summary Reports

11.

Waived Conditions Summary Report

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APPENDIX A: CREDIT REVIEW SCOPE

For each mortgage loan, Clayton performed a guideline review utilizing specific guidelines furnished at the time of the review.

A.	Verified that the characteristics of the mortgage loan and borrower conformed to the Sponsor Acquisition Criteria requirements including:

DTI

LTV/TLTV/HLTV

Credit score

Income and employment

Assets and reserves

Property type and use eligibility; and if the property type was a condominium or cooperative, assessed project adherence

Borrower eligibility, including:

- Citizenship status

- Non- occupant co-borrower

Transaction eligibility, including:

- Maximum loan amount

- Loan purpose

- Occupancy

Noted any approved exceptions or waivers by the originator and/or aggregator to guidelines; verified that approved exceptions included required, documented compensating factors

B.	As part of the guideline review, Clayton performed a credit analysis during which various documents were examined, including:

Uniform Residential Loan Application reviewed to determine:

Initial loan application was in the loan file and was signed by all borrowers

Final loan application was in the loan file and was complete

Information and debts disclosed on loan application aligned with related documentation in the loan file

Employment analyzed and verified through use of various documents, including:

Income documentation

Verbal and/or written verifications of employments (VVOE, VOE)

CPA letter

Business licenses

Tax transcripts (IRS Form 4506-T)

Other documentation in loan file

Asset documents were reviewed to determine any large deposits and appropriate sourcing of funds

Credit Report review included:

Complete copy of report was in loan file

Report was dated within required timeframe

All borrowers were included in the report

Checked any fraud alerts against related loan file documentation

Verified all disclosed mortgage debt on credit report against the loan application (under the schedule of real estate owned) for accurate debt ratio calculation

Compared liabilities listed on the credit report against the loan application for accurate debt ratio calculation

Captured and utilized appropriate credit score for guideline review

Title policy review included:

Title interest – determined if

◾

Fee simple

◾

Leasehold estate

Appropriate vestee(s) were listed on title policy

Amount of coverage was greater than or equal to the original principal amount of the mortgage

Applicable title endorsements were present

Checked for any encumbrances, encroachments and other title exceptions affecting the lien identified through the title search; verified that each issues was addressed in the transaction

Reviewed the chain of title and duration of ownership by seller or borrower (whichever was applicable)

Captured monthly tax payments in debt ratio calculation

HUD1 (Settlement Statement) review included:

Funds to close identified and analyzed against borrower’s assets

Seller contributions did not exceed maximum allowed

Subject property, seller and borrower aligned with other loan documentation

Disbursements and pay-offs included in debt ratio calculations

Loan purpose confirmed

Hazard/Flood insurance review included:

Verified presence of required hazard insurance and flood insurance (if required)

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Confirmed that any required insurance was for the:

◾

Correct borrower

◾

Correct property

◾

Correct lender

◾

Correct loan number

◾

Life of loan, if flood insurance required

Confirmed that any required insurance minimum coverage amount and policy period

Reviewed for evidence that any required insurance policy premium was paid

Confirmed that the mortgagee clause listed the lender’s name and “it’s successors and assigns”

Confirmed that the payment amount on any required insurance was included in the debt ratio calculation

Mortgage Insurance review included:

Determined if mortgage insurance is required

Captured mortgage insurance name, certificate # and percentage guarantee (when required)

For each mortgage loan, Clayton examined the mortgage or deed of trust for evidence of recordation. In lieu of a copy of the mortgage or deed of trust with recording information, a copy of the mortgage or deed of trust that is stamped “true and certified copy” by the escrow/settlement agent plus recording directions on closing instruction documentation was utilized as evidence for recording.

D.	For each mortgage loan, Clayton utilized the results from an independent, third-party fraud tool along with information in the loan file to identify and address any potential misrepresentations including:

Borrower identity

Social Security inconsistencies

Borrower name variations

Occupancy

Borrower address history

Subject property ownership history

Employment

Licensing – reviewed NMLS data for:

Mortgage lender/originator

Loan officer

OFAC

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APPENDIX B: ORIGINATION APPRAISAL ASSESSMENT

For each Mortgage Loan, Clayton performed the following origination appraisal analysis:

A.	Verified that the mortgage loan file contained an appraisal report and that it met the following criteria:

Appraisal report used standard GSE forms, appropriate to the property type:

−

FNMA 1004/FHLMC 70 – Uniform Residential Appraisal Report. Used for 1-unit properties, units in planned unit developments (detached PUDs) and condominium projects that consist solely of detached dwelling (site condominium)

−

FNMA 1073/FHLMC 465 – Individual Condominium Report. Used to appraise a unit in a condominium project or a condominium unit in a PUD (attached PUD)

−

FNMA 1025/FHLMC 72 – Small Residential Income Property Appraisal Report. Used for all two-to-four unit residential income properties, including two-to-four unit properties in a PUD

−

FNMA 2090 – Individual Cooperative Appraisal Report. Used for individual cooperative units

−

FNMA 2000/FHLMC 1032 – One Unit Residential Appraisal Field Review

−

FNMA 2000a/FHLMC 1072 – Two to Four Unit Residential Appraisal Field Review

Appraisal report was reasonably complete and included:

−

Appraisal report form, certification, statement of limiting conditions and scope of work

−

Accurate identification of the subject property

−

Accurate identification of the subject loan transaction

−

Accurate identification of the property type, in both land and improvements

−

All required attachments including:

◾

Subject front, rear and street photos and valued features

◾

Subject interior photos – kitchen, all baths, main living area, updates/upgrades, deferred maintenance

◾

Photos of all comparable sales and listings

◾

Location map

◾

Exterior sketch of property with dimensions

◾

1004MC Market Conditions Report

−

Evidence that appraisal report was made “As Is” or provided satisfactory evidence of completion for all material conditions

−

Appraisal date met supplied Sponsor Acquisition Criteria

−

If applicable to Sponsor Acquisition Criteria requirements, a second full appraisal was furnished and met Sponsor Acquisition Criteria

B.	Performed a general credibility assessment of the results of the appraisal per Title XI of FIRREA and USPAP based on the following criteria:

Title XI of FIRREA:

−

If the appraisal was completed by a trainee or licensed appraiser unqualified to independently sign the report, an appropriately licensed appraiser co-signed as a supervisory appraiser and inspected the property

−

Determined that either the appraiser or supervisory appraiser was appropriately licensed by verifying the appraiser’s license included in the appraisal.

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−

Reviewed for the presence of any “red flags” related to the mortgaged property that may have posed a risk to the property or occupants

USPAP

−

Confirmed that the appraiser developed and communicated their analysis, opinion, and conclusion to intended users of their services in a manner that is meaningful and not misleading and that the appraisal is signed.

C.	Reviewed and graded the appraisal valuation to the following criteria:

Appraised value was reasonably supported. Utilized the following review in making value supported determination:

−

Comps used were located reasonably close to the subject property and if not the reason was satisfactorily explained

−

Comps used were reasonably recent in transaction date and if not the reason was furnished

−

Comps used were reasonably similar to the subject property and if not an explanation was supplied

−

Appraised value of the subject was bracketed by the sales prices of the comps and if not the reason was furnished

−

Adjustments were reviewed and appeared reasonable utilizing the 15% net/25% gross guideline.

Property was complete. However, if the property was not 100% complete, then any unfinished portion had no material impact to the value, safety, soundness, structural integrity, habitability or marketability of the subject property

Appraisal was reviewed for any indication of property or marketability issues. Utilized the following key points in making determination:

−

Appraisal was made on an “As Is” basis or provides satisfactory evidence of completion of all material conditions

−

Property usage was reviewed for zoning compliance

−

Property utilization was reviewed to determine it was “highest and best use”

−

Neighborhood values were reviewed to determine if declining

−

Market conditions were reviewed to determine indication of possible marketability issues:

◾

Location

◾

% built up

◾

Growth rate

◾

Demand/supply

◾

Marketing time

◾

Predominant occupancy

−

Physical condition of the property was reviewed to determine that the property condition was average or better

−

Style of property was reviewed to determine if unique property

−

Any health and safety issues were noted and/or remediated

−

Locational and/or environmental concerns adequately addressed if present

D.	Property Eligibility Criteria – Clayton reviewed the property to determine that the property met the client supplied eligibility requirements. Examples of ineligible property types may include:

3 to 4 unit owner occupied properties

2 to 4 unit second homes

Unwarrantable or limited review condominiums

Manufactured or mobile homes

Condotel units

Unique properties

Working farms, ranches or orchards

Mixed-use properties

Properties subject to existing oil or gas leases

Properties located in Hawaii Lava Zones 1 and 2

Properties exceeding Sponsor Acquisition Criteria requirements for excess acreage

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E.	Properties Affected by Disasters Criteria – Clayton reviewed the appraisal date against any FEMA Declared Disaster Areas that were designated for Individual and/or Public Assistance due to a federal government disaster declaration.

If the appraisal date is before the FEMA Effective Date for any of the disasters listed, Clayton will specify whether or not there has been a property inspection since the date listed, the latest inspection date, whether or not new damage has been indicated, and the amount of said damage.

F.	Disclaimer

The individuals performing the aforementioned original appraisal assessment are not persons providing valuations for purposes of the Uniform Standards of Professional Appraisal Practice (“USPAP”) or necessarily licensed as appraisers under Federal or State law, and the services being performed by such persons do not constitute “appraisal reviews” for purposes of USPAP or Federal or State law.

Clayton makes no representation or warranty as to the value of any mortgaged property, notwithstanding that Clayton may have reviewed valuation information for reasonableness

Clayton is not an ‘AMC’ (appraisal management company) and therefore Clayton does not opine on the actual value of the underlying property

Clayton is not a ‘creditor’ within the meaning of ECOA or other lending laws and regulations, and therefore Clayton will not have any communication with or responsibility to any individual consumer concerning property valuation.

Clayton does not check to see if the appraiser is on the Freddie Mac exclusionary list

G.	Desk Review definitions

Clear Capital “CDA” means a written retrospective analysis of an appraisal of residential real property relating to completeness, reasonableness, and relevance. The relevant appraisal shall be provided to Clear Capital by --Customer. The CDA will offer an alternative value, if deemed appropriate, based on the analysis of the competitive market as of the effective date of the appraisal provided. The CDA will also provide an analysis of the appraisal provided, including supporting narrative and data to fully support the CDA value and outline deficiencies within the appraisal. The CDA will also contain a Risk Score and Risk Indicators based upon the findings of the analysis for the appraisal provided to Clear Capital by Customer.

ProTeck’s Appraisal Risk Review (ARR) is an enhanced desk review of the original appraisal in the file completed by a licensed appraiser. The ARR validates subject and comparable data and characteristics, confirms the original appraiser’s methodologies, credentials, and commentary to insure compliance with regulatory requirements and industry accepted best practices, and flags all risk factors while also providing a final value reconciliation used to grade the loan.

RedBell "Valuation Risk Review" or ("VRR") means Supplier's alternative valuation product which consists of a review of a third-party valuation product (appraisal or BPO) by a licensed real estate appraiser. The review is conducted to confirm the value provided in the third-party valuation product or provide a new reconciled, independent value.

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APPENDIX C: REGULATORY COMPLIANCE REVIEW SCOPE

This appendix provides an overview of Clayton’s proprietary compliance system for 1‑4 family residential mortgage loans in the due diligence process to determine, to the extent possible and subject to the caveats below, whether the loans comply with federal, state and local laws. The Disclaimer section explains limitations that you should be aware of. Additional details on the items listed below as well as Clayton’s state, county and municipal testing can be provided upon request. The compliance engine is fully integrated into Clayton’s proprietary due diligence platform, eCLAS.

Federal Law

A.	RESPA and Regulation X: Loan level analysis on the following:

GFE/HUD1: confirm the correct version of the GFE and HUD1 were properly completed under the Regulation X Final Rule that became mandatory on January 1, 2010

Initial Good Faith Estimate, (GFE): timing and content of the initial disclosure

Final GFE: Verification that increases to fees from the initial GFE were disclosed within 3 days of valid changed circumstance documentation within the loan file

Final HUD1 Settlement Statement: verify the loan file contains the final HUD1 and the loan terms on the HUD1 correspond to the actual loan terms from the Note

Final GFE to HUD1 tolerance fee evaluation: confirm the fees charged on the HUD1 do not exceed the Final GFE in the 0% or 10% fee tolerance categories, including a review for a Settlement Service Provider List if the lender excludes fees that the borrower can shop for.

Affiliated Business Disclosure: if the loan file indicates the lender or broker referred the borrower to a known affiliate, confirm the disclosure was provided to the borrower

Homeownership Counseling Notice: for loan applications on or after 1/10/2014, confirm the notice was provided to the borrower within 3 days of application

B.	Truth in Lending Act and Regulation Z - Loan level analysis on the following:

TIL Disclosure: Content of Disclosures – perform an independent recalculation of the finance charges and APR to determine whether the amounts disclosed on the final TIL were within allowable tolerances. Payment schedule accuracy, including under the Mortgage Disclosure Improvement Act for loans applications on or after January 30, 2010. Additional disclosure content with a focus on the consistency of the prepayment penalty disclosure and assumption policy with the note and security instrument.

Mortgage Disclosure Improvement Act, (3/7/3 rule): Confirm the timing of the initial TIL disclosure within 3 days of application, 7 days prior to consummation, and corrected TIL disclosures provided at least 3 days prior to consummation for applications received on or after July 30, 2009 (Section 19)

ARM Disclosure: confirm these disclosures are in the file within 3 days of application, or 3 days of the borrower discussing ARM programs identified within the loan file

Truth in Lending Act and Regulation Z – (continued)

Right of Rescission – Review the disclosure form type, disclosure timing, disclosed dates, other material disclosures, and the loan disbursement (Section 23)

High Cost mortgage thresholds for points and fees (Section 32)

High Cost Prohibited Acts and Practices upon request (Section 33)

Higher Priced Mortgage Loan thresholds for APR in relation to the APOR. Including Escrow and appraisal requirements (Section 35)

Prohibited Acts or Practices including testing the Loan Originator compensation rules, NMLSR ID on documents, financing Credit Insurance, mandatory arbitration clauses, and NegAm Counseling (Section 36)

ATR/QM Ability to Repay, aka Minimum Standards for Transactions: for applications on all loans in the pool, confirm the loan file contains documentation to evidence the lender considered and verified the borrower has the ability to repay in accordance with the ATR requirements This included identifying whether QM loans met agency exemptions or were underwritten in accordance with Appendix Q.

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TRID: on applicable loans, test compliance with the Integrated Mortgage Disclosure rules under the Real Estate Settlement Procedures Act (Regulation X) and the Truth in Lending Act (Regulation Z) defined under the Dodd-Frank Wall Street Reform and Consumer Protection Act as promulgated by the Consumer Financial Protection Bureau.

C.	FACTA - the Credit Score, Key Factors, and Notice to Home Loan Applicant disclosures

D.	HMDA – Whether the loans is Rate Spread threshold reportable.

STATE, COUNTY and MUNICIPAL LAW

A.	Higher-Priced

Clayton test whether a loan meets the thresholds for a higher-priced, rate spread, subprime or nonprime mortgage loan, and whether such loan meets regulatory requirements, in the following states:

Higher-Priced
California	Maryland	New York
Connecticut	Massachusetts (subprime ARMS to first time homebuyers)	North Carolina
Maine	Minnesota

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B.	State/Local High Cost

Clayton test whether a loan meets the thresholds for a high cost or covered loan in the following states, counties and municipalities, and also tests for compliance with provisions in such laws that apply to all loans subject to high cost testing:

State/Local High Cost
Arkansas	Maine	Pennsylvania
California	Maryland	Rhode Island, including the Providence ordinance
Colorado	Massachusetts	South Carolina
Connecticut	Nevada	Tennessee
District of Columbia	New Jersey	Texas
Florida	New Mexico	Utah
Georgia	New York	Vermont (High Rate, High Point law)
Illinois, including the Cook County and Chicago ordinances	North Carolina	Wisconsin
Indiana	Ohio, including Cleveland Heights ordinance
Kentucky	Oklahoma

C.	Anti-Predatory

Several states have laws that do not create a separate class of high cost or higher-priced mortgage loans, but set APR or finance charge ceilings and may also set forth similar anti-predatory lending restrictions as found in high cost laws. Clayton tests for compliance with such laws in the following states:

•

Minnesota (Mortgage Originator and Service Licensing Act)

•

Puerto Rico (Office Regulation 5722)

•

Texas (Texas Finance Code)

•

West Virginia (Residential Mortgage Lender, Broker and Servicer Act).

D.	Borrower’s Interest

Clayton uses a module that reports to the client the factors that the client can weigh to determine whether or not the loan is in the borrower’s interest, and also makes a mathematical determination as to whether or not there is at least one benefit. This module is only used in the following states, where the laws or releases by the regulators provide an indication of some standards that can be applied.

Borrower’s Interest
Maine	Ohio	South Carolina
Massachusetts	Rhode Island

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E.	Consumer Protection

Several states have laws that neither create a separate class of high cost or higher-priced mortgagee loan, nor impose a ceiling on the overall fees or APR, but nonetheless contain requirements and restrictions on mortgage loans that may impact the assignee or the lien. Clayton tests for compliance with such laws, including late charge and prepayment penalty provisions, in the following states and municipalities:

Consumer Protection
Alabama (the “Mini-code”)	Nebraska (Mortgage Bankers Registration and Licensing Act and the Installment Loan Act)
Hawaii (Financial Services Loan Company Act)	Nevada (AB 440
Idaho (Residential Mortgage Practices Act)	Ohio (Consumer Sales Practices Act; whether the loan is in Summit County)
Illinois (both versions of the Cook County Predatory Lending Database; Illinois Residential Mortgage Licensing Act)	Texas (Article XVI, Section 50(a)(6) of the Texas Constitution)
Iowa (Consumer Credit Code)	Utah (Consumer Credit Code)
Kansas (Consumer Credit Code)	Virginia (Mortgage Lender and Broker Act)
Kentucky (HB 552)	Washington (Consumer Loan Act and Responsible Mortgage Lending Act)
Maryland (DLLR Regulations, Commercial Law)	West Virginia (Consumer Credit Protection Act)
Massachusetts (Attorney General regulations)	Wyoming (Residential Mortgage Practices Act)
Michigan (Consumer Mortgage Protection Act)

See attached Exhibit A - Consumer Protection Laws for additional details on the specific components of the aforementioned Consumer Protection laws that are evaluated as part of the Clayton Compliance Review Scope:

F.	Texas Equity

In addition to identifying whether Texas refinances are cash out transactions subject to the Texas Constitution Article 16 Section 50(a)(6) requirements, Clayton reviews the title report to confirm prior loans being refinanced are continuous purchase money and not (a)(6) loans. In the event a loan is determined to be a Texas Home Equity loan, the underwriter reviews the loan images to confirm the loan meets the Texas requirements including maximum LTV/CLTV, 3% fee cap, product restrictions and the required disclosures were provided to the borrower in accordance with required timelines.

GSE Testing

Clayton can review loans to determine whether they comply with Fannie Mae’s and Freddie Mac’s Points and Fees threshold tests. These fee limitations of 5% for all loans with application dates prior to 1/10/2014 were reduced to 3% on Primary and Second Homes for applications on or after 1/10/2014. If requested, loans can be reviewed to determine whether the loan is a residential mortgage transaction ineligible for delivery due to its APR or fees exceeding the HOEPA thresholds. Clayton offers Lender Letter and non-traditional mortgage testing for Fannie Mae. (Note: Fannie Mae requires a non-disclosure agreement between the client and Fannie Mae for Clayton to report these results.)

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Disclaimer

Please be advised that Clayton has not determined whether the Loans comply with federal, state or local laws, constitutional provisions, regulations or ordinances, including, but not limited to, licensing and general usury laws that set rate and/or fee limitations, unless listed above. Clayton’s review is focused on issues that raise concerns for secondary market investors and other assignees, based on potential for assignee liability, an adverse impact on the lien, and regulatory, litigation and headline risk. Clayton’s review is not designed to fully test a lender’s compliance with all applicable disclosure and licensing requirements. Furthermore, the findings reached by Clayton are dependent upon its receiving complete and accurate data regarding the Loans from loan originators and other third parties. Please be further advised that Clayton and its employees do not engage in the practice of law, and the findings set forth in the reports prepared by Clayton do not constitute legal advice or opinions.

This material is confidential and may not be copied, used, or distributed without the written permission of Clayton Services LLC.

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EX-99.2 3 exhibit99-2.htm CLAYTON LOAN LEVEL TAPE COMPARE UPLOAD

Client Name:
Client Project Name:	SEMT 2025-11
Start - End Dates:	5/26/2025 - 9/25/2025
Deal Loan Count:	187

Loan Level Tape Compare Upload

Loans in Report	187

Loan Number	Borrower Last Name	Field Name	Tape Data	Reviewer Data
409011483	XXXXX	Debt to Income Ratio (Back)	XXXXX	XXXXX
409013956	XXXXX	Debt to Income Ratio (Back)	XXXXX	XXXXX
409014270	XXXXX	Debt to Income Ratio (Back)	XXXXX	XXXXX
409014996	XXXXX	Debt to Income Ratio (Back)	XXXXX	XXXXX
409015199	XXXXX	Debt to Income Ratio (Back)	XXXXX	XXXXX
409015505	XXXXX	Debt to Income Ratio (Back)	XXXXX	XXXXX
409015616	XXXXX	Debt to Income Ratio (Back)	XXXXX	XXXXX
409015703	XXXXX	Combined LTV	XXXXX	XXXXX
409015703	XXXXX	Original LTV	XXXXX	XXXXX
409015743	XXXXX	Debt to Income Ratio (Back)	XXXXX	XXXXX
409015915	XXXXX	Debt to Income Ratio (Back)	XXXXX	XXXXX
409015938	XXXXX	Combined LTV	XXXXX	XXXXX
409015938	XXXXX	Original LTV	XXXXX	XXXXX
409016290	XXXXX	Original Balance	XXXXX	XXXXX
409016342	XXXXX	Original Balance	XXXXX	XXXXX
409016592	XXXXX	Debt to Income Ratio (Back)	XXXXX	XXXXX
409016676	XXXXX	Debt to Income Ratio (Back)	XXXXX	XXXXX
409016690	XXXXX	Debt to Income Ratio (Back)	XXXXX	XXXXX
409016713	XXXXX	Combined LTV	XXXXX	XXXXX
409016713	XXXXX	Original LTV	XXXXX	XXXXX
409016727	XXXXX	Debt to Income Ratio (Back)	XXXXX	XXXXX
409016727	XXXXX	Loan Purpose	XXXXX	XXXXX
409016764	XXXXX	Debt to Income Ratio (Back)	XXXXX	XXXXX
409016764	XXXXX	Loan Purpose	XXXXX	XXXXX
409016784	XXXXX	Combined LTV	XXXXX	XXXXX
409016784	XXXXX	Original LTV	XXXXX	XXXXX
409016794	XXXXX	Debt to Income Ratio (Back)	XXXXX	XXXXX
409016794	XXXXX	Loan Purpose	XXXXX	XXXXX
409016881	XXXXX	Debt to Income Ratio (Back)	XXXXX	XXXXX
409016976	XXXXX	Debt to Income Ratio (Back)	XXXXX	XXXXX
409017218	XXXXX	Loan Purpose	XXXXX	XXXXX
409017317	XXXXX	Combined LTV	XXXXX	XXXXX
409017317	XXXXX	Original LTV	XXXXX	XXXXX
409017349	XXXXX	Debt to Income Ratio (Back)	XXXXX	XXXXX
409017351	XXXXX	Debt to Income Ratio (Back)	XXXXX	XXXXX
409017473	XXXXX	Combined LTV	XXXXX	XXXXX
409017473	XXXXX	Original LTV	XXXXX	XXXXX
409017841	XXXXX	Combined LTV	XXXXX	XXXXX
409017841	XXXXX	Debt to Income Ratio (Back)	XXXXX	XXXXX
409017841	XXXXX	Original LTV	XXXXX	XXXXX
409017929	XXXXX	Combined LTV	XXXXX	XXXXX
409017929	XXXXX	Debt to Income Ratio (Back)	XXXXX	XXXXX
409017929	XXXXX	Note Rate	XXXXX	XXXXX
409017929	XXXXX	Original Balance	XXXXX	XXXXX
409017929	XXXXX	Original LTV	XXXXX	XXXXX
409017991	XXXXX	Debt to Income Ratio (Back)	XXXXX	XXXXX
409017995	XXXXX	Debt to Income Ratio (Back)	XXXXX	XXXXX
409017996	XXXXX	Combined LTV	XXXXX	XXXXX
409017996	XXXXX	Debt to Income Ratio (Back)	XXXXX	XXXXX
409017996	XXXXX	Original LTV	XXXXX	XXXXX
409018261	XXXXX	Debt to Income Ratio (Back)	XXXXX	XXXXX
409018272	XXXXX	Debt to Income Ratio (Back)	XXXXX	XXXXX
409018378	XXXXX	Combined LTV	XXXXX	XXXXX
409018378	XXXXX	Original LTV	XXXXX	XXXXX
409018408	XXXXX	Combined LTV	XXXXX	XXXXX
409018408	XXXXX	Original LTV	XXXXX	XXXXX
409018438	XXXXX	Debt to Income Ratio (Back)	XXXXX	XXXXX
409018460	XXXXX	Debt to Income Ratio (Back)	XXXXX	XXXXX
409018505	XXXXX	Combined LTV	XXXXX	XXXXX
409018505	XXXXX	Original LTV	XXXXX	XXXXX
409018522	XXXXX	Debt to Income Ratio (Back)	XXXXX	XXXXX
409018593	XXXXX	Combined LTV	XXXXX	XXXXX
409018593	XXXXX	Original LTV	XXXXX	XXXXX
409018606	XXXXX	Combined LTV	XXXXX	XXXXX
409018606	XXXXX	Original LTV	XXXXX	XXXXX
409018753	XXXXX	Debt to Income Ratio (Back)	XXXXX	XXXXX
409018763	XXXXX	Debt to Income Ratio (Back)	XXXXX	XXXXX
409018823	XXXXX	Debt to Income Ratio (Back)	XXXXX	XXXXX
409018854	XXXXX	Debt to Income Ratio (Back)	XXXXX	XXXXX
409018880	XXXXX	Debt to Income Ratio (Back)	XXXXX	XXXXX
409018955	XXXXX	Combined LTV	XXXXX	XXXXX
409018955	XXXXX	Debt to Income Ratio (Back)	XXXXX	XXXXX
409018955	XXXXX	Original LTV	XXXXX	XXXXX
409018972	XXXXX	Combined LTV	XXXXX	XXXXX
409018972	XXXXX	Original LTV	XXXXX	XXXXX
409019075	XXXXX	Combined LTV	XXXXX	XXXXX
409019075	XXXXX	Debt to Income Ratio (Back)	XXXXX	XXXXX
409019075	XXXXX	Original LTV	XXXXX	XXXXX
409019506	XXXXX	Debt to Income Ratio (Back)	XXXXX	XXXXX
409020627	XXXXX	Debt to Income Ratio (Back)	XXXXX	XXXXX
409020637	XXXXX	Debt to Income Ratio (Back)	XXXXX	XXXXX
409020640	XXXXX	Original Balance	XXXXX	XXXXX
409020649	XXXXX	Combined LTV	XXXXX	XXXXX
409020649	XXXXX	Debt to Income Ratio (Back)	XXXXX	XXXXX
409020649	XXXXX	Original LTV	XXXXX	XXXXX
409020661	XXXXX	Debt to Income Ratio (Back)	XXXXX	XXXXX
409020686	XXXXX	Combined LTV	XXXXX	XXXXX
409020686	XXXXX	Original LTV	XXXXX	XXXXX
409020754	XXXXX	Debt to Income Ratio (Back)	XXXXX	XXXXX
409021101	XXXXX	Debt to Income Ratio (Back)	XXXXX	XXXXX
409021158	XXXXX	Debt to Income Ratio (Back)	XXXXX	XXXXX
409021249	XXXXX	Debt to Income Ratio (Back)	XXXXX	XXXXX
409021624	XXXXX	Debt to Income Ratio (Back)	XXXXX	XXXXX
409021799	XXXXX	Debt to Income Ratio (Back)	XXXXX	XXXXX
409022300	XXXXX	Debt to Income Ratio (Back)	XXXXX	XXXXX

©2025 Clayton Services LLC. All rights reserved. Ownership and use of this report is governed by the legal agreement between Clayton and the party for which it was prepared. Any use not expressly authorized by such agreement, including reliance on this report by anyone other than such party, is prohibited.

EX-99.3 4 exhibit99-3.htm CLAYTON RATING AGENCY ATR QM DATA FIELDS

Client Name:
Client Project Name:	SEMT 2025-11
Start - End Dates:	5/26/2025 - 9/25/2025
Deal Loan Count:	187

Rating Agency ATR QM Data Fields

Loans in Report:	187

Loan Number

Loan Level ATR/QM Status

Application Date Prior to 1/10/2014

TRID Indicator

Lender Application Date

Broker Application Date

GSE Eligible

QRM Flag

ATR/QM Total Points and Fees

Rate Lock Date

APR

Bwr 1 Employment Indicator

Bwr 2 Employment Indicator

Bwr 1 Foreign National Indicator

Bwr 2 Foreign National Indicator

Residual Income Analysis in File

ATR/QM Residual Income

409011483

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1499

XXXXXX

6.3886

Employed

U.S. Citizen

XXXXX

409012814

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

3295

XXXXXX

6.6527

Unemployed

Employed

U.S. Citizen

XXXXX

409013618

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

11061.5

XXXXXX

7.2472

Employed

(No Data)

U.S. Citizen

(No Data)

XXXXX

409013631

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

6180.25

XXXXXX

6.9414

Employed

Unemployed

U.S. Citizen

XXXXX

409013917

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1350

XXXXXX

7.2017

Employed

U.S. Citizen

XXXXX

409013956

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

2045

XXXXXX

7.2074

Employed

(No Data)

U.S. Citizen

(No Data)

Yes

XXXXX

409014270

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1350

XXXXXX

7.2748

Employed

U.S. Citizen

XXXXX

409014919

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

2578.4

XXXXXX

6.9205

Employed

(No Data)

U.S. Citizen

(No Data)

XXXXX

409014946

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

11986.42

XXXXXX

7.0514

Employed

U.S. Citizen

XXXXX

409014996

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

15681.6

XXXXXX

7.1278

Employed

(No Data)

U.S. Citizen

(No Data)

XXXXX

409015059

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

4590.25

XXXXXX

7.1495

Employed

U.S. Citizen

Yes

XXXXX

409015199

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

875

XXXXXX

7.109

Employed

U.S. Citizen

XXXXX

409015453

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

2126

XXXXXX

7.0243

Employed

U.S. Citizen

XXXXX

409015497

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1655

XXXXXX

7.1563

Employed

U.S. Citizen

XXXXX

409015505

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1619

XXXXXX

6.5682

Employed

U.S. Citizen

XXXXX

409015554

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

109.95

XXXXXX

6.8954

Employed

U.S. Citizen

XXXXX

409015616

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1270

XXXXXX

6.8873

Employed

U.S. Citizen

XXXXX

409015703

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

24380

XXXXXX

7.2083

Employed

(No Data)

U.S. Citizen

(No Data)

XXXXX

409015743

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1375

XXXXXX

6.8931

Employed

(No Data)

U.S. Citizen

(No Data)

XXXXX

409015915

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1499

XXXXXX

6.8959

Employed

U.S. Citizen

XXXXX

409015938

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1410

XXXXXX

7.0391

Employed

U.S. Citizen

XXXXX

409016290

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

3010

XXXXXX

7.0251

Employed

U.S. Citizen

XXXXX

409016342

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

3010

XXXXXX

6.554

Employed

U.S. Citizen

XXXXX

409016348

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

14574

XXXXXX

6.3412

Unemployed

U.S. Citizen

XXXXX

409016365

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1250

XXXXXX

6.5896

Employed

Retired

U.S. Citizen

XXXXX

409016521

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1680

XXXXXX

6.777

Employed

Retired

U.S. Citizen

XXXXX

409016592

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

5295

XXXXXX

6.1653

Retired

Employed

U.S. Citizen

XXXXX

409016654

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1630

XXXXXX

6.9009

Employed

U.S. Citizen

XXXXX

409016676

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

31320

XXXXXX

7.1096

Employed

(No Data)

U.S. Citizen

(No Data)

XXXXX

409016681

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1687

XXXXXX

6.5275

Employed

Unemployed

U.S. Citizen

XXXXX

409016690

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1424

XXXXXX

6.5383

Employed

Unemployed

U.S. Citizen

XXXXX

409016713

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

550

XXXXXX

6.2863

Employed

(No Data)

U.S. Citizen

(No Data)

XXXXX

409016727

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

3640

XXXXXX

6.5761

Retired

(No Data)

U.S. Citizen

(No Data)

XXXXX

409016764

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

2265

XXXXXX

6.4837

Employed

U.S. Citizen

XXXXX

409016784

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

860

XXXXXX

6.154

Employed

U.S. Citizen

Non-Permanent Resident Alien

XXXXX

409016791

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

550

XXXXXX

6.4038

Employed

Unemployed

U.S. Citizen

XXXXX

409016794

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

9045

XXXXXX

7.1925

Employed

U.S. Citizen

XXXXX

409016858

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

2513.75

XXXXXX

6.5342

Employed

U.S. Citizen

XXXXX

409016881

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

2940

XXXXXX

7.1464

Employed

U.S. Citizen

XXXXX

409016894

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

15450.95

XXXXXX

5.9848

Employed

(No Data)

U.S. Citizen

(No Data)

XXXXX

409016976

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1607

XXXXXX

6.9357

Employed

U.S. Citizen

XXXXX

409017218

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

4840

XXXXXX

7.9698

Employed

U.S. Citizen

XXXXX

409017219

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1495

XXXXXX

7.2478

Employed

(No Data)

U.S. Citizen

(No Data)

XXXXX

409017306

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

15515

XXXXXX

6.4882

Employed

U.S. Citizen

XXXXX

409017317

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

2365

XXXXXX

6.7684

Employed

(No Data)

U.S. Citizen

(No Data)

XXXXX

409017349

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1350

XXXXXX

6.8993

Employed

Unemployed

U.S. Citizen

XXXXX

409017351

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1352.7

XXXXXX

6.889

Retired

(No Data)

U.S. Citizen

(No Data)

XXXXX

409017413

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

12602.75

XXXXXX

6.7637

Employed

U.S. Citizen

Yes

XXXXX

409017470

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1955

XXXXXX

7.0297

Employed

U.S. Citizen

XXXXX

409017473

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

16826.25

XXXXXX

7.5584

Employed

(No Data)

U.S. Citizen

(No Data)

XXXXX

409017485

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1499

XXXXXX

6.5299

Employed

U.S. Citizen

XXXXX

409017487

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

8500

XXXXXX

6.723

Employed

Unemployed

U.S. Citizen

XXXXX

409017500

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1810

XXXXXX

6.6459

Employed

U.S. Citizen

XXXXX

409017799

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

13184

XXXXXX

6.765

Employed

(No Data)

U.S. Citizen

(No Data)

XXXXX

409017841

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

875

XXXXXX

6.7676

Employed

Unemployed

U.S. Citizen

XXXXX

409017921

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1595

XXXXXX

6.7768

Employed

U.S. Citizen

XXXXX

409017929

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

15495

XXXXXX

6.6548

Employed

U.S. Citizen

XXXXX

409017991

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

15057.9

XXXXXX

7.4405

Employed

U.S. Citizen

XXXXX

409017995

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

2965

XXXXXX

6.8979

Employed

U.S. Citizen

XXXXX

409017996

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

2665

XXXXXX

6.4169

Employed

U.S. Citizen

XXXXX

409018252

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1670

XXXXXX

6.5672

Employed

U.S. Citizen

XXXXX

409018259

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

9033.75

XXXXXX

6.4001

Employed

U.S. Citizen

XXXXX

409018261

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

5265.2

XXXXXX

6.5619

Employed

U.S. Citizen

XXXXX

409018269

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

20766.8

XXXXXX

7.4149

Employed

(No Data)

U.S. Citizen

(No Data)

Yes

XXXXX

409018272

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1350

XXXXXX

6.5217

Employed

U.S. Citizen

XXXXX

409018277

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

13589.38

XXXXXX

6.8976

Employed

U.S. Citizen

XXXXX

409018280

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1670

XXXXXX

6.4364

Employed

U.S. Citizen

XXXXX

409018374

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

18817.97

XXXXXX

6.7704

Employed

U.S. Citizen

XXXXX

409018378

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1499

XXXXXX

7.155

Employed

(No Data)

U.S. Citizen

(No Data)

XXXXX

409018380

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1610

XXXXXX

6.9045

Employed

(No Data)

U.S. Citizen

(No Data)

XXXXX

409018387

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

995

XXXXXX

6.3901

Employed

U.S. Citizen

XXXXX

409018404

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

2790.8

XXXXXX

6.3989

Employed

Unemployed

U.S. Citizen

XXXXX

409018406

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

XXXXXX

6.875

Employed

U.S. Citizen

XXXXX

409018408

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1200

XXXXXX

7.1348

Employed

(No Data)

U.S. Citizen

(No Data)

XXXXX

409018432

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

2225.25

XXXXXX

6.8971

Employed

U.S. Citizen

XXXXX

409018438

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

2134.8

XXXXXX

6.5263

Employed

U.S. Citizen

XXXXX

409018448

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1640

XXXXXX

6.5314

Employed

U.S. Citizen

XXXXX

409018460

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1490

XXXXXX

6.6473

Employed

(No Data)

U.S. Citizen

(No Data)

XXXXX

409018491

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1650

XXXXXX

7.0208

Employed

U.S. Citizen

XXXXX

409018496

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

5470

XXXXXX

6.5003

Employed

U.S. Citizen

XXXXX

409018505

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

15103

XXXXXX

6.9554

Employed

(No Data)

U.S. Citizen

(No Data)

XXXXX

409018522

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

2280.15

XXXXXX

6.6464

Retired

U.S. Citizen

Yes

XXXXX

409018528

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1768.25

XXXXXX

6.185

Employed

Retired

U.S. Citizen

XXXXX

409018593

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1670

XXXXXX

6.7748

Employed

U.S. Citizen

XXXXX

409018594

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

3004

XXXXXX

6.5567

Unemployed

Employed

U.S. Citizen

XXXXX

409018606

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1195

XXXXXX

6.509

Employed

Unemployed

U.S. Citizen

XXXXX

409018617

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1970

XXXXXX

6.9024

Employed

Unemployed

Permanent Resident Alien

XXXXX

409018619

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

4998

XXXXXX

6.4142

Employed

(No Data)

U.S. Citizen

(No Data)

XXXXX

409018709

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1297

XXXXXX

6.8916

Employed

(No Data)

U.S. Citizen

(No Data)

XXXXX

409018724

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

2159.4

XXXXXX

6.5135

Employed

U.S. Citizen

XXXXX

409018735

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

2299.8

XXXXXX

7.0222

Employed

U.S. Citizen

XXXXX

409018738

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

37256

XXXXXX

7.1833

Employed

(No Data)

U.S. Citizen

(No Data)

XXXXX

409018750

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1595

XXXXXX

7.1452

Employed

(No Data)

U.S. Citizen

(No Data)

XXXXX

409018753

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1735.25

XXXXXX

6.9473

Employed

(No Data)

U.S. Citizen

(No Data)

XXXXX

409018763

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1415

XXXXXX

6.7751

Employed

(No Data)

U.S. Citizen

(No Data)

XXXXX

409018766

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1640

XXXXXX

6.2741

Employed

Non-Permanent Resident Alien

U.S. Citizen

XXXXX

409018823

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1290

XXXXXX

6.8882

Employed

(No Data)

U.S. Citizen

(No Data)

XXXXX

409018834

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

2078.25

XXXXXX

6.6559

Employed

Unemployed

U.S. Citizen

XXXXX

409018844

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

16335

XXXXXX

6.8005

Employed

U.S. Citizen

XXXXX

409018854

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1698

XXXXXX

6.6939

Employed

U.S. Citizen

XXXXX

409018856

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1710

XXXXXX

6.9007

Employed

U.S. Citizen

XXXXX

409018880

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1690

XXXXXX

6.7988

Employed

U.S. Citizen

XXXXX

409018890

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

2780

XXXXXX

6.5224

Employed

(No Data)

U.S. Citizen

(No Data)

XXXXX

409018891

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1790

XXXXXX

6.6503

Employed

(No Data)

U.S. Citizen

(No Data)

XXXXX

409018909

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1075

XXXXXX

6.4008

Employed

Permanent Resident Alien

XXXXX

409018919

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1695

XXXXXX

6.5237

Employed

Non-Permanent Resident Alien

XXXXX

409018933

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1499

XXXXXX

6.3905

Employed

U.S. Citizen

XXXXX

409018948

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1450

XXXXXX

6.1507

Employed

U.S. Citizen

XXXXX

409018954

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

8356

XXXXXX

6.4266

Employed

Permanent Resident Alien

U.S. Citizen

Yes

XXXXX

409018955

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

10935

XXXXXX

6.6007

Employed

U.S. Citizen

XXXXX

409018969

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1575.25

XXXXXX

6.6434

Employed

(No Data)

U.S. Citizen

(No Data)

XXXXX

409018972

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1625

XXXXXX

6.0719

Employed

U.S. Citizen

XXXXX

409018981

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1595

XXXXXX

6.525

Employed

(No Data)

Non-Permanent Resident Alien

(No Data)

XXXXX

409018983

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1670

XXXXXX

6.6482

Employed

(No Data)

U.S. Citizen

(No Data)

XXXXX

409019075

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1270

XXXXXX

6.6409

Employed

U.S. Citizen

XXXXX

409019162

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

2045

XXXXXX

6.8971

Employed

(No Data)

U.S. Citizen

(No Data)

Yes

XXXXX

409019168

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

XXXXXX

6.9968

Employed

(No Data)

U.S. Citizen

(No Data)

XXXXX

409019379

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

10295

XXXXXX

6.6605

Employed

Unemployed

U.S. Citizen

XXXXX

409019385

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1499

XXXXXX

6.2718

Employed

U.S. Citizen

XXXXX

409019429

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

2050.25

XXXXXX

6.9009

Employed

(No Data)

U.S. Citizen

(No Data)

XXXXX

409019434

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

130.25

XXXXXX

6.6335

Employed

(No Data)

U.S. Citizen

(No Data)

XXXXX

409019450

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

2125

XXXXXX

6.6528

Employed

U.S. Citizen

XXXXX

409019489

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1419

XXXXXX

7.0278

Employed

(No Data)

U.S. Citizen

(No Data)

XXXXX

409019506

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1948

XXXXXX

6.6896

Employed

Permanent Resident Alien

U.S. Citizen

XXXXX

409019532

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1950

XXXXXX

7.0619

Employed

U.S. Citizen

Yes

XXXXX

409019536

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1640

XXXXXX

6.27

Employed

U.S. Citizen

XXXXX

409019544

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1145

XXXXXX

6.894

Retired

Employed

U.S. Citizen

XXXXX

409019567

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

17775

XXXXXX

6.4967

Employed

U.S. Citizen

XXXXX

409019598

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

17095

XXXXXX

7.0553

Employed

(No Data)

U.S. Citizen

(No Data)

XXXXX

409020593

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

12304

XXXXXX

6.6225

Employed

U.S. Citizen

XXXXX

409020596

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1320

XXXXXX

7.2629

Employed

U.S. Citizen

XXXXX

409020600

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1645

XXXXXX

7.0233

Employed

U.S. Citizen

XXXXX

409020627

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1790

XXXXXX

6.4905

Employed

(No Data)

U.S. Citizen

(No Data)

XXXXX

409020637

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1749

XXXXXX

7.3859

Employed

(No Data)

U.S. Citizen

(No Data)

XXXXX

409020640

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1640

XXXXXX

6.2619

Employed

Permanent Resident Alien

U.S. Citizen

XXXXX

409020649

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1640

XXXXXX

6.3945

Employed

(No Data)

U.S. Citizen

(No Data)

XXXXX

409020656

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1695

XXXXXX

6.5287

Employed

U.S. Citizen

XXXXX

409020661

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1210

XXXXXX

6.6722

Employed

(No Data)

U.S. Citizen

(No Data)

XXXXX

409020673

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1650

XXXXXX

6.7722

Employed

(No Data)

U.S. Citizen

(No Data)

XXXXX

409020684

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

3926.24

XXXXXX

6.9141

Employed

Unemployed

U.S. Citizen

XXXXX

409020686

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

16075

XXXXXX

6.9148

Retired

(No Data)

U.S. Citizen

(No Data)

XXXXX

409020702

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

20195

XXXXXX

6.8051

Employed

U.S. Citizen

XXXXX

409020707

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1695

XXXXXX

6.4229

Employed

U.S. Citizen

XXXXX

409020725

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1770

XXXXXX

6.6498

Employed

U.S. Citizen

XXXXX

409020734

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

13345

XXXXXX

6.3612

Employed

U.S. Citizen

Permanent Resident Alien

XXXXX

409020736

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

4934

XXXXXX

6.6548

Employed

Permanent Resident Alien

XXXXX

409020737

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

2070

XXXXXX

6.6554

Employed

U.S. Citizen

XXXXX

409020745

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1690

XXXXXX

6.397

Employed

(No Data)

U.S. Citizen

(No Data)

Yes

XXXXX

409020747

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1670

XXXXXX

6.5155

Employed

U.S. Citizen

XXXXX

409020754

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

8170

XXXXXX

6.3507

Employed

U.S. Citizen

XXXXX

409020810

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1174.45

XXXXXX

6.8935

Employed

Non-Permanent Resident Alien

XXXXX

409020815

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1270

XXXXXX

6.5225

Employed

U.S. Citizen

XXXXX

409020837

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

2125.25

XXXXXX

6.518

Employed

U.S. Citizen

XXXXX

409020979

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1595

XXXXXX

6.3925

Employed

(No Data)

U.S. Citizen

(No Data)

XXXXX

409020988

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1514.95

XXXXXX

6.7799

Employed

U.S. Citizen

XXXXX

409020999

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1494

XXXXXX

6.9018

Employed

U.S. Citizen

XXXXX

409021009

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1595

XXXXXX

6.901

Employed

(No Data)

U.S. Citizen

(No Data)

XXXXX

409021012

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

3150

XXXXXX

6.5834

Employed

U.S. Citizen

XXXXX

409021019

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1999

XXXXXX

7.1887

Employed

U.S. Citizen

XXXXX

409021021

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1640

XXXXXX

6.4115

Employed

U.S. Citizen

XXXXX

409021023

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

10745

XXXXXX

7.0095

Employed

U.S. Citizen

XXXXX

409021074

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1670

XXXXXX

6.651

Employed

U.S. Citizen

XXXXX

409021101

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

2070

XXXXXX

6.6564

Employed

Unemployed

U.S. Citizen

Permanent Resident Alien

XXXXX

409021114

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

12185

XXXXXX

6.6183

Employed

U.S. Citizen

XXXXX

409021119

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1770

XXXXXX

7.1575

Employed

Retired

U.S. Citizen

XXXXX

409021147

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

2070

XXXXXX

6.5402

Employed

(No Data)

U.S. Citizen

(No Data)

XXXXX

409021158

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

12752

XXXXXX

6.8045

Employed

U.S. Citizen

XXXXX

409021178

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

9744.5

XXXXXX

6.433

Employed

(No Data)

U.S. Citizen

(No Data)

XXXXX

409021192

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

14576.88

XXXXXX

6.8705

Employed

Unemployed

U.S. Citizen

XXXXX

409021244

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1780

XXXXXX

6.6447

Employed

U.S. Citizen

XXXXX

409021249

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1895

XXXXXX

5.9665

Employed

U.S. Citizen

Yes

XXXXX

409021253

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1675

XXXXXX

6.9826

Employed

(No Data)

U.S. Citizen

(No Data)

XXXXX

409021304

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1087.76

XXXXXX

6.9134

Employed

U.S. Citizen

XXXXX

409021308

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

2098

XXXXXX

6.9198

Employed

U.S. Citizen

XXXXX

409021589

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1623

XXXXXX

6.6475

Employed

U.S. Citizen

Yes

XXXXX

409021618

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1695

XXXXXX

6.6563

Employed

U.S. Citizen

Yes

XXXXX

409021624

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1595

XXXXXX

6.5111

Employed

U.S. Citizen

XXXXX

409021641

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

2356

XXXXXX

6.8791

Employed

(No Data)

U.S. Citizen

(No Data)

Yes

XXXXX

409021650

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1920.25

XXXXXX

6.3865

Employed

Unemployed

U.S. Citizen

XXXXX

409021673

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1240

XXXXXX

6.761

Employed

(No Data)

U.S. Citizen

(No Data)

XXXXX

409021752

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1695

XXXXXX

6.7875

Employed

U.S. Citizen

XXXXX

409021753

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1865

XXXXXX

6.4347

Employed

U.S. Citizen

XXXXX

409021799

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1500

XXXXXX

6.3895

Employed

U.S. Citizen

Yes

XXXXX

409021802

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

16181.96

XXXXXX

6.5606

Employed

(No Data)

U.S. Citizen

(No Data)

XXXXX

409021815

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

2070

XXXXXX

6.5285

Employed

U.S. Citizen

XXXXX

409022300

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

1590

XXXXXX

6.3947

Employed

U.S. Citizen

XXXXX

409023738

QM: Safe Harbor (APOR)

Yes

XXXXXX

Yes

21770

XXXXXX

6.8849

Employed

(No Data)

U.S. Citizen

(No Data)

XXXXX

EX-99.4 5 exhibit99-4.htm CLAYTON ATR QM UPLOAD

Client Name:
Client Project Name:	SEMT 2025-11
Start - End Dates:	5/26/2025 - 9/25/2025
Deal Loan Count:	187

ATR QM Upload

Loans in Report:	187

Loan Number

Deal

Seller Loan Number

Original Principal Balance

State

Loan Level ATR/QM Status

Verification Safe Harbor (VSH)?

Lender Provided ATR/QM Worksheet

Initial Lender ATR/QM Status

Application Date

Borrower 1 Citizenship

Borrower 2 Citizenship

Borrowers Qualified Through a Non-Resident Alien Program

Occupancy

Property Type

Number of Units

Loan Type

Exempt Loan Product Type

Exempt Loan Housing Agency

Community Housing Development

Credit Under Economic Stabilization Act Of 2008

Refinance Of Non-Standard Mortgage

Higher Priced Covered Transaction

State Prepay Exceptions

Loan Purpose

Loan Term Exceeds 30 Years

Interest Only Feature

Negative Amortization

Balloon Payment

Prepay Penalty Flag

Prepayment Penalty Type

Prohibited Prepayment Penalty

Exceeds Points And Fees

Exceeds DTI Limit

Lien Position

APR

QM Calculated DTI Adherence

QM Lenders DTI Adherence

QM Fee Adherence - Total Charges %

QM Fee Adherence - Lenders Fee %

Fannie Mae Eligible

Freddie Mac Eligible

VA Guaranty Eligible

FHA Insured Eligible

USDA Guarantee Eligible

Rural Housing Service Insured Eligible

QM - Expected Income Or Assets For DTI

QM - Current Employment Status For DTI

QM - Monthly Payment On Subject Loan For DTI

QM - Monthly Payment On Additional Loan For DTI

QM - Monthly Payment Mortgage Related Obligations

QM - Current Debt Obligations Alimony and Child Support for DTI

QM - Monthly DTI Ratio Or Residual Income

One or more Verification Safe Harbor Guidelines used?

Current/Reasonably Expected Income or Assets per Guideline used?

Current Debt Obligations, Alimony & Child Support per Guideline used?

Monthly DTI (includes monthly payment on subject loan and simultaneous loans)

Monthly Residual Income per guideline used?

Compensating Factors used for QM determination documented before closing?

ATR - Guidelines Provided to Document Approach

ATR - Current And Expected Income And Assets

ATR - Current Employment Status

ATR - Mortgage Payment Obligation

ATR - Mortgage Payment on Simultaneous Transaction

ATR - Payment For Mortgage Related Obligations

ATR - Debt Obligations Including Alimony and Child Support

ATR - Monthly DTI Ratio or Residual Income

ATR - Consumer Credit History

ATR Lenders - DTI (Back)

ATR Calculated DTI (Back)

QM Lender Value DTI (Back)

QM Calculated DTI (Back)

Initial DTI (Back)

DTI Qualifying (Back)

Residual Income Analysis in File

Residual Income Guidelines

Did Loan Meet Guidelines

Residual Income Amount

Asset Depletion

Asset Depletion Months Amortized

Asset Utilization

Partial Asset Depletion

Short Sale

Short Sale Date

Deed In Lieu

Deed In Lieu Date

QRM Flag

Borrower 2 Guarantor Flag

Borrower 2 Personal Guaranty Recourse to Borrower

Borrower 3 Guarantor Flag

Borrower 3 Personal Guaranty Recourse to Borrower

Borrower 4 Guarantor Flag

Borrower 4 Personal Guaranty Recourse to Borrower

Borrower 1 Paystub Flag

Borrower 1 Paystub Number of Months

Borrower 2 Paystub Flag

Borrower 2 Paystub Number of Months

Borrower 3 Paystub Flag

Borrower 3 Paystub Number of Months

Borrower 4 Paystub Flag

Borrower 4 Paystub Number of Months

Borrower 1 W2 Flag

Borrower 1 W2 Number of Months

Borrower 2 W2 Flag

Borrower 2 W2 Number of Months

Borrower 3 W2 Flag

Borrower 3 W2 Number of Months

Borrower 4 W2 Flag

Borrower 4 W2 Number of Months

Borrower 1 Personal Tax Return Flag

Borrower 1 Personal Tax Return Number of Months

Borrower 2 Personal Tax Return Flag

Borrower 2 Personal Tax Return Number of Months

Borrower 3 Personal Tax Return Flag

Borrower 3 Personal Tax Return Number of Months

Borrower 4 Personal Tax Return Flag

Borrower 4 Personal Tax Return Number of Months

Borrower 1 Business Tax Return Flag

Borrower 1 Business Tax Return Number of Months

Borrower 2 Business Tax Return Flag

Borrower 2 Business Tax Return Number of Months

Borrower 3 Business Tax Return Flag

Borrower 3 Business Tax Return Number of Months

Borrower 4 Business Tax Return Flag

Borrower 4 Business Tax Return Number of Months

Borrower 1 Verbal VOE Flag

Borrower 1 Verbal VOE Number of Months

Borrower 2 Verbal VOE Flag

Borrower 2 Verbal VOE Number of Months

Borrower 3 Verbal VOE Flag

Borrower 3 Verbal VOE Number of Months

Borrower 4 Verbal VOE Flag

Borrower 4 Verbal VOE Number of Months

Borrower 1 Written VOE Flag

Borrower 1 Written VOE Form

Borrower 1 Written VOE Number of Months

Borrower 2 Written VOE Flag

Borrower 2 Written VOE Form

Borrower 2 Written VOE Number of Months

Borrower 3 Written VOE Flag

Borrower 3 Written VOE Form

Borrower 3 Written VOE Number of Months

Borrower 4 Written VOE Flag

Borrower 4 Written VOE Form

Borrower 4 Written VOE Number of Months

Borrower 1 P&L Flag

Borrower 1 P&L Prepared By

Borrower 1 P&L Number of Months

Borrower 2 P&L Flag

Borrower 2 P&L Prepared By

Borrower 2 P&L Number of Months

Borrower 3 P&L Flag

Borrower 3 P&L Prepared By

Borrower 3 P&L Number of Months

Borrower 4 P&L Flag

Borrower 4 P&L Prepared By

Borrower 4 P&L Number of Months

Borrower 1 Lease Agreement Flag

Borrower 1 Lease Agreement Number of Months

Borrower 2 Lease Agreement Flag

Borrower 2 Lease Agreement Number of Months

Borrower 3 Lease Agreement Flag

Borrower 3 Lease Agreement Number of Months

Borrower 4 Lease Agreement Flag

Borrower 4 Lease Agreement Number of Months

Equity Income Flag

Equity Income Amount

Equity Income Number of Months

Cross Collateralized Loan?

Is the Loan a Short-Term Rental?

DSCR with Rent Schedule Flag

DSCR with Rent Schedule Income Amount

DSCR with Lease Agreement Flag

DSCR with Lease Agreement Income Amount

DSCR %

DSCR Method Used

Borrower 1 CPA Letter with Income Flag

Borrower 1 CPA Letter with Income Number of Months

Borrower 1 CPA Letter without Income Flag

Borrower 1 CPA Letter without Income Number of Months

Borrower 2 CPA Letter with Income Flag

Borrower 2 CPA Letter with Income Number of Months

Borrower 2 CPA Letter without Income Flag

Borrower 2 CPA Letter without Income Number of Months

Borrower 3 CPA Letter with Income Flag

Borrower 3 CPA Letter with Income Number of Months

Borrower 3 CPA Letter without Income Flag

Borrower 3 CPA Letter without Income Number of Months

Borrower 4 CPA Letter with Income Flag

Borrower 4 CPA Letter with Income Number of Months

Borrower 4 CPA Letter without Income Flag

Borrower 4 CPA Letter without Income Number of Months

Borrower 1 Personal Bank Statements Flag

Borrower 1 Personal Bank Statements Number of Months

Borrower 2 Personal Bank Statements Flag

Borrower 2 Personal Bank Statements Number of Months

Borrower 3 Personal Bank Statements Flag

Borrower 3 Personal Bank Statements Number of Months

Borrower 4 Personal Bank Statements Flag

Borrower 4 Personal Bank Statements Number of Months

Borrower 1 Business Bank Statements Flag

Borrower 1 Business Bank Statements Number of Months

Borrower 2 Business Bank Statements Flag

Borrower 2 Business Bank Statements Number of Months

Borrower 3 Business Bank Statements Flag

Borrower 3 Business Bank Statements Number of Months

Borrower 4 Business Bank Statements Flag

Borrower 4 Business Bank Statements Number of Months

Borrower 1 Award Letter Flag

Borrower 1 Award Letter Number of Months

Borrower 2 Award Letter Flag

Borrower 2 Award Letter Number of Months

Borrower 3 Award Letter Flag

Borrower 3 Award Letter Number of Months

Borrower 4 Award Letter Flag

Borrower 4 Award Letter Number of Months

Borrower 1 Offer Letter Flag

Borrower 1 Offer Letter Number of Months

Borrower 2 Offer Letter Flag

Borrower 2 Offer Letter Number of Months

Borrower 3 Offer Letter Flag

Borrower 3 Offer Letter Number of Months

Borrower 4 Offer Letter Flag

Borrower 4 Offer Letter Number of Months

Borrower 1 IRS Transcripts - Tax Returns Flag

Borrower 1 IRS Transcripts - Tax Returns Number of Months

Borrower 1 IRS Transcripts - W2s Flag

Borrower 1 IRS Transcripts - W2s Number of Months

Borrower 2 IRS Transcripts - Tax Returns Flag

Borrower 2 IRS Transcripts - Tax Returns Number of Months

Borrower 2 IRS Transcripts - W2s Flag

Borrower 2 IRS Transcripts - W2s Number of Months

Borrower 3 IRS Transcripts - Tax Returns Flag

Borrower 3 IRS Transcripts - Tax Returns Number of Months

Borrower 3 IRS Transcripts - W2s Flag

Borrower 3 IRS Transcripts - W2s Number of Months

Borrower 4 IRS Transcripts - Tax Returns Flag

Borrower 4 IRS Transcripts - Tax Returns Number of Months

Borrower 4 IRS Transcripts - W2s Flag

Borrower 4 IRS Transcripts - W2s Number of Months

Borrower 1 Income Doc Type Summary

Borrower 2 Income Doc Type Summary

Borrower 3 Income Doc Type Summary

Borrower 4 Income Doc Type Summary

Borrower 1 Documentation Used to Determine Legal Residency

Borrower 2 Documentation Used to Determine Legal Residency

Borrower 3 Documentation Used to Determine Legal Residency

Borrower 4 Documentation Used to Determine Legal Residency

409011483

XXXXX

QM: Safe Harbor (APOR)

Yes

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Rate and Term Refi

(No Data)

6.3886

Yes

0.081

0.000

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

32.91

32.09

32.91

32.09

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Paystub - 1 months;

W2 - 24 months

Paystub - 1 months;

W2 - 24 months

(No Data)

409012814

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.6527

Yes

0.166

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

35.41

35.4

35.41

35.4

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

IRS Transcripts – Tax Return(s) - 24 months;

Paystub - 27 months;

W2 - 24 months

(No Data)

409013618

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Rate and Term Refi

(No Data)

7.2472

Yes

1.181

Not Applicable

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

38.08

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Business Tax Return - 24 months;

IRS Transcripts – Tax Return(s) - 24 months;

P & L Only - 17 months;

Personal Tax Return - 24 months;

W2 - 24 months

(No Data)

409013631

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Second Home

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.9414

Yes

0.618

Not Applicable

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

30.83

30.78

30.83

30.78

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Paystub - 1 months;

W2 - 24 months

(No Data)

409013917

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Rate and Term Refi

(No Data)

7.2017

Yes

0.159

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

39.43

38.33

39.43

38.33

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Written VOE - 24 months

Paystub - 2 months;

W2 - 12 months;

Written VOE - 24 months

(No Data)

409013956

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

Yes

7.2074

0.136

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

47.85

48.5

47.85

48.5

Yes

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Yes

(No Data)

IRS Transcripts – Tax Return(s) - 24 months;

Paystub - 2 months;

Personal Tax Return - 24 months;

W2 - 24 months;

Written VOE - 24 months

(No Data)

409014270

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

7.2748

Yes

0.158

Not Applicable

Yes

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

37.8

35.97

37.8

35.97

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Written VOE - 24 months

(No Data)

409014919

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

Yes

6.9205

0.197

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

43.07

43.22

43.07

43.22

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Paystub - 2 months;

W2 - 24 months;

Written VOE - 24 months

(No Data)

409014946

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Purchase

(No Data)

7.0514

Yes

1.221

0.000

Yes

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

26.33

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Paystub - 1 months;

W2 - 12 months

Paystub - 1 months;

W2 - 12 months

(No Data)

409014996

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

7.1278

Yes

1.246

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

34.23

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

IRS Transcripts – Tax Return(s) - 36 months;

Offer Letter - 1 months;

Paystub - 1 months;

W2 - 24 months

(No Data)

409015059

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Cashout Refi

(No Data)

Yes

7.1495

0.344

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

46.46

44.26

46.46

44.26

Yes

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Yes

Borrower

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Business Tax Return - 12 months;

IRS Transcripts – Tax Return(s) - 12 months;

P & L - 18 months;

Paystub - 1 months;

Personal Tax Return - 12 months;

W2 - 24 months

IRS Transcripts – Tax Return(s) - 12 months;

Paystub - 29 months;

Personal Tax Return - 12 months;

W2 - 36 months;

Written VOE - 26 months

(No Data)

409015199

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Second Home

Detached PUD

XXXXX

Conventional

(No Data)

Purchase

(No Data)

7.1090

Yes

0.046

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

25.95

26.97

25.95

26.97

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Borrower

(No Data)

Yes

(No Data)

Business Tax Return - 24 months;

IRS Transcripts – Tax Return(s) - 36 months;

P & L - 6 months;

Paystub - 1 months;

Personal Tax Return - 24 months;

W2 - 24 months

(No Data)

409015453

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Purchase

(No Data)

7.0243

Yes

0.214

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

42.26

42.49

42.26

42.49

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Award Letter - 12 months;

Business Tax Return - 24 months;

Personal Tax Return - 24 months

(No Data)

409015497

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

7.1563

Yes

0.158

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

27.13

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

IRS Transcripts – Tax Return(s) - 24 months;

Offer Letter - 1 months;

Paystub - 1 months;

W2 - 24 months

IRS Transcripts – Tax Return(s) - 24 months;

Paystub - 1 months;

W2 - 24 months

(No Data)

409015505

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR-Attached

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.5682

Yes

0.117

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

24.61

24.66

24.61

24.66

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Paystub - 1 months;

W2 - 24 months;

Written VOE - 8 months

Paystub - 1 months;

W2 - 24 months;

Written VOE - 12 months

(No Data)

409015554

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.8954

Yes

0.012

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

28.14

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Paystub - 1 months;

W2 - 24 months;

Written VOE - 24 months

Paystub - 1 months;

W2 - 24 months;

Written VOE - 24 months

(No Data)

409015616

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.8873

Yes

0.098

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

29.54

29.03

29.45

29.03

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Paystub - 2 months;

W2 - 24 months

Paystub - 2 months;

W2 - 24 months

(No Data)

409015703

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Cashout Refi

(No Data)

7.2083

Yes

2.179

Not Applicable

Yes

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

28.9

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

IRS Transcripts – W2(s) - 12 months;

Paystub - 1 months;

W2 - 12 months

(No Data)

409015743

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.8931

Yes

0.096

0.143

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

40.92

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Paystub - 2 months;

W2 - 12 months;

Written VOE - 12 months

(No Data)

409015915

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Cashout Refi

(No Data)

6.8959

Yes

0.121

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

23.85

23.8

23.85

23.8

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Paystub - 1 months;

W2 - 24 months

Paystub - 1 months;

W2 - 24 months;

Written VOE - 30 months

(No Data)

409015938

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Purchase

(No Data)

7.0391

Yes

0.167

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

37.57

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Yes

(No Data)

Offer Letter - 1 months;

Paystub - 1 months;

W2 - 24 months;

Written VOE - 24 months

Offer Letter - 1 months;

Paystub - 1 months;

W2 - 24 months;

Written VOE - 24 months

(No Data)

409016290

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Rate and Term Refi

(No Data)

7.0251

Yes

0.217

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

37.9

37.05

37.9

37.05

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Yes

(No Data)

Yes

(No Data)

IRS Transcripts – Tax Return(s) - 12 months;

Paystub - 30 months;

Personal Tax Return - 12 months;

W2 - 24 months;

Written VOE - 31 months

IRS Transcripts – Tax Return(s) - 12 months;

Paystub - 31 months;

Personal Tax Return - 12 months;

W2 - 24 months;

Written VOE - 31 months

(No Data)

409016342

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Rate and Term Refi

(No Data)

Yes

6.5540

0.216

0.000

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

43.68

43.29

43.68

43.29

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Paystub - 1 months;

W2 - 24 months;

Written VOE - 24 months

Paystub - 1 months;

W2 - 24 months;

Written VOE - 24 months

(No Data)

409016348

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.3412

Yes

0.924

Not Applicable

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

36.19

36.2

36.19

36.2

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Personal Bank Statements - 4 months

(No Data)

409016365

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Cashout Refi

(No Data)

6.5896

Yes

0.079

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

42.7

41.78

42.7

41.78

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Business Tax Return - 24 months;

Paystub - 1 months;

Personal Tax Return - 24 months;

W2 - 24 months

Award Letter - 1 months

(No Data)

409016521

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Cashout Refi

(No Data)

6.7770

Yes

0.206

Not Applicable

Yes

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

28.83

28.93

28.83

28.93

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Award Letter - 1 months;

IRS Transcripts – Tax Return(s) - 24 months;

Personal Tax Return - 24 months

Award Letter - 1 months;

IRS Transcripts – Tax Return(s) - 24 months;

Personal Tax Return - 24 months

(No Data)

409016592

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.1653

Yes

0.368

Not Applicable

Yes

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

23.7

23.71

23.7

23.71

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

FMNA 1005

(No Data)

Yes

(No Data)

Yes

(No Data)

IRS Transcripts – Tax Return(s) - 12 months;

Personal Tax Return - 12 months

IRS Transcripts – Tax Return(s) - 12 months;

Paystub - 1 months;

Personal Tax Return - 12 months;

W2 - 24 months;

Written VOE - 30 months

(No Data)

409016654

XXXXX

QM: Safe Harbor (APOR)

Yes

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Cashout Refi

(No Data)

6.9009

Yes

0.186

0.000

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

42.41

42.54

42.41

42.54

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Offer Letter - 1 months;

Paystub - 1 months;

W2 - 24 months

Paystub - 1 months;

W2 - 24 months

(No Data)

409016676

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

7.1096

Yes

1.535

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

40.2

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Personal Tax Return - 24 months;

W2 - 36 months

(No Data)

409016681

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.5275

Yes

0.206

0.126

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

36.06

34.99

36.06

34.99

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Paystub - 2 months;

W2 - 24 months

(No Data)

409016690

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Rate and Term Refi

(No Data)

6.5383

Yes

0.146

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

19.23

19.67

19.23

19.67

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Borrower

(No Data)

Yes

(No Data)

Business Tax Return - 36 months;

IRS Transcripts – Tax Return(s) - 24 months;

P & L - 18 months;

Personal Tax Return - 24 months;

W2 - 36 months

(No Data)

409016713

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Low Rise Condo (1-4)

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.2863

Yes

0.732

Not Applicable

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

39.85

40.01

39.85

40.01

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

1099 - 24 months;

Award Letter - 1 months;

IRS Transcripts – Tax Return(s) - 24 months;

Paystub - 1 months;

Personal Tax Return - 24 months;

W2 - 24 months

(No Data)

409016727

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Construction/Perm

(No Data)

6.5761

Yes

0.815

Not Applicable

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

39.72

39.49

39.72

39.49

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

1099 - 12 months;

Award Letter - 12 months;

Business Tax Return - 24 months;

IRS Transcripts – Tax Return(s) - 24 months;

Personal Tax Return - 24 months

(No Data)

409016764

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Second Home

SFR

XXXXX

Conventional

(No Data)

Construction/Perm

(No Data)

6.4837

Yes

1.309

0.000

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

25.59

25.65

25.59

25.65

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Business Tax Return - 12 months;

IRS Transcripts – Tax Return(s) - 24 months;

Paystub - 1 months;

Personal Tax Return - 12 months;

W2 - 24 months

Business Tax Return - 12 months;

IRS Transcripts – Tax Return(s) - 24 months;

Paystub - 1 months;

Personal Tax Return - 12 months;

W2 - 24 months

(No Data)

409016784

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

Non-Permanent Resident Alien

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

Exempt

6.1540

0.153

0.000

Yes

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

47.94

48.32

47.94

48.32

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Paystub - 1 months;

Personal Tax Return - 24 months;

W2 - 24 months

Paystub - 1 months;

Personal Tax Return - 24 months;

W2 - 36 months

(No Data)

Work Visa

(No Data)

409016791

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

Exempt

6.4038

0.142

0.000

Yes

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

44.28

45.27

44.28

45.27

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Borrower

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

IRS Transcripts – Tax Return(s) - 36 months;

P & L - 4 months;

Personal Tax Return - 24 months

Award Letter - 12 months;

IRS Transcripts – Tax Return(s) - 36 months;

Paystub - 1 months;

Personal Tax Return - 24 months

(No Data)

409016794

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Construction/Perm

(No Data)

7.1925

Yes

1.142

Missing

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

31.39

39.48

31.39

39.48

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Yes

Borrower

(No Data)

Yes

(No Data)

Yes

(No Data)

Business Tax Return - 36 months;

IRS Transcripts – Tax Return(s) - 24 months;

P & L - 8 months;

Paystub - 1 months;

Personal Tax Return - 24 months;

W2 - 24 months;

Written VOE - 28 months

IRS Transcripts – Tax Return(s) - 24 months;

Paystub - 1 months;

Personal Tax Return - 24 months;

W2 - 24 months

(No Data)

409016858

XXXXX

QM: Safe Harbor (APOR)

Yes

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.5342

Yes

0.259

0.240

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

25.9

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Paystub - 1 months;

W2 - 24 months

Paystub - 1 months;

W2 - 24 months

(No Data)

409016881

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Rate and Term Refi

(No Data)

7.1464

Yes

0.247

0.000

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

16.43

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Yes

(No Data)

Paystub - 1 months;

W2 - 24 months;

Written VOE - 55 months

Offer Letter - 12 months;

Paystub - 1 months;

W2 - 24 months

(No Data)

409016894

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Purchase

(No Data)

5.9848

Yes

0.829

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

33.28

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Paystub - 1 months;

W2 - 12 months;

Written VOE - 24 months

(No Data)

409016976

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.9357

Yes

0.128

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

25.33

25.07

25.33

25.07

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Business Tax Return - 12 months;

IRS Transcripts – Tax Return(s) - 12 months;

IRS Transcripts – W2(s) - 12 months;

Paystub - 1 months;

Personal Tax Return - 12 months

(No Data)

409017218

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Construction/Perm

(No Data)

7.9698

Yes

0.885

Not Applicable

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

24.28

34.11

34.28

34.11

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

IRS Transcripts – Tax Return(s) - 24 months;

Paystub - 1 months;

Personal Tax Return - 24 months;

W2 - 24 months

IRS Transcripts – Tax Return(s) - 24 months;

Paystub - 1 months;

Personal Tax Return - 24 months;

W2 - 24 months

(No Data)

409017219

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Purchase

(No Data)

7.2478

Yes

0.158

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

25.3

25.4

25.3

25.4

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Yes

(No Data)

IRS Transcripts – Tax Return(s) - 24 months;

Paystub - 1 months;

Personal Tax Return - 24 months;

W2 - 24 months;

Written VOE - 24 months

(No Data)

409017306

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Cashout Refi

(No Data)

6.4882

Yes

1.108

0.000

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

41.85

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Paystub - 43 months;

W2 - 24 months;

Written VOE - 31 months

(No Data)

409017317

XXXXX

QM: Safe Harbor (APOR)

Yes

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Second Home

SFR

XXXXX

Conventional

(No Data)

Cashout Refi

(No Data)

Yes

6.7684

Yes

0.108

0.000

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

43.9

41.29

43.9

41.29

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Business Tax Return - 24 months;

IRS Transcripts – Tax Return(s) - 12 months;

Personal Tax Return - 24 months

(No Data)

409017349

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.8993

Yes

0.15

Not Applicable

Yes

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

24.17

24.12

24.17

24.12

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Borrower

(No Data)

Business Tax Return - 24 months;

P & L - 18 months;

Personal Tax Return - 24 months

(No Data)

409017351

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.8890

Yes

0.085

Not Applicable

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

38.11

36.62

38.11

36.62

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

IRS Transcripts – Tax Return(s) - 24 months;

Personal Bank Statements - 3 months;

Personal Tax Return - 24 months

(No Data)

409017413

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Purchase

(No Data)

Yes

6.7637

1.318

Not Applicable

Yes

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

49.96

49.81

49.96

49.81

Yes

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Paystub - 1 months;

W2 - 24 months

Paystub - 1 months;

W2 - 24 months;

Written VOE - 24 months

(No Data)

409017470

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

7.0297

Yes

0.196

0.000

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

38.71

38.85

38.71

38.85

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

FMNA 1005

(No Data)

Yes

(No Data)

Paystub - 1 months;

W2 - 24 months;

Written VOE - 24 months

IRS Transcripts – Tax Return(s) - 24 months;

Personal Tax Return - 24 months

(No Data)

409017473

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Cashout Refi

(No Data)

7.5584

Yes

1.756

Not Applicable

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

23.69

23.7

23.69

23.7

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Business Tax Return - 24 months;

IRS Transcripts – Tax Return(s) - 24 months;

Paystub - 1 months;

Personal Tax Return - 24 months;

W2 - 36 months

(No Data)

409017485

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Rate and Term Refi

(No Data)

6.5299

Yes

0.175

Not Applicable

Yes

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

26.23

26.08

26.23

26.08

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

FMNA 1005

(No Data)

Paystub - 1 months;

W2 - 24 months;

Written VOE - 30 months

Paystub - 1 months;

W2 - 12 months

(No Data)

409017487

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Cashout Refi

(No Data)

Exempt

6.7230

0.86

Not Applicable

Yes

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

44.81

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

FMNA 1005

(No Data)

Paystub - 1 months;

W2 - 24 months;

Written VOE - 24 months

(No Data)

409017500

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.6459

Yes

0.22

Not Applicable

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

29.28

29.99

29.28

29.99

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Paystub - 1 months;

W2 - 24 months;

Written VOE - 18 months

Paystub - 1 months;

W2 - 24 months

(No Data)

409017799

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Cashout Refi

(No Data)

Yes

6.7650

1.375

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

49.04

46.55

49.04

46.55

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Yes

(No Data)

IRS Transcripts – W2(s) - 24 months;

Paystub - 30 months;

W2 - 24 months;

Written VOE - 30 months

(No Data)

409017841

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.7676

Yes

0.071

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

42.48

40.87

42.48

40.87

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

FMNA 1005

(No Data)

Paystub - 2 months;

W2 - 24 months;

Written VOE - 31 months

(No Data)

409017921

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Purchase

(No Data)

Yes

6.7768

0.083

Not Applicable

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

44.22

43.22

44.22

43.22

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Business Tax Return - 12 months;

IRS Transcripts – Tax Return(s) - 12 months;

Personal Tax Return - 12 months;

W2 - 12 months

Business Tax Return - 12 months;

IRS Transcripts – Tax Return(s) - 12 months;

Personal Tax Return - 12 months;

W2 - 12 months

(No Data)

409017929

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.6548

Yes

1.583

Not Applicable

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

41.84

41.25

41.84

41.25

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Paystub - 3 months;

W2 - 24 months

(No Data)

409017991

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

7.4405

Yes

1.532

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

34.71

36.59

34.71

36.59

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Paystub - 2 months;

W2 - 24 months;

Written VOE - 24 months

Paystub - 2 months;

W2 - 24 months;

Written VOE - 24 months

(No Data)

409017995

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.8979

Yes

0.191

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

35.67

33.77

35.67

33.77

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Yes

Borrower

(No Data)

Yes

(No Data)

Business Tax Return - 24 months;

IRS Transcripts – Tax Return(s) - 24 months;

P & L - 6 months;

Personal Tax Return - 24 months

Paystub - 1 months;

Personal Tax Return - 24 months;

W2 - 24 months;

Written VOE - 31 months

(No Data)

409017996

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.4169

Yes

0.32

Not Applicable

Yes

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

21.1

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Paystub - 1 months;

W2 - 24 months;

Written VOE - 30 months

Paystub - 1 months;

W2 - 24 months;

Written VOE - 30 months

(No Data)

409018252

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Purchase

(No Data)

Yes

6.5672

0.148

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

45.68

45.08

45.68

45.08

Yes

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

IRS Transcripts – Tax Return(s) - 24 months;

Paystub - 1 months;

Personal Tax Return - 24 months;

W2 - 24 months;

Written VOE - 18 months

Business Tax Return - 24 months;

IRS Transcripts – Tax Return(s) - 12 months;

Offer Letter - 1 months;

Personal Tax Return - 24 months;

W2 - 24 months

(No Data)

409018259

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Rate and Term Refi

(No Data)

6.4001

Yes

0.927

2.882

Yes

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

31.35

31.48

31.35

31.48

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Paystub - 2 months;

W2 - 24 months;

Written VOE - 24 months

Paystub - 2 months;

W2 - 24 months;

Written VOE - 24 months

(No Data)

409018261

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.5619

Yes

0.603

Not Applicable

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

40.3

40.33

40.3

40.33

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Paystub - 1 months;

W2 - 24 months

Paystub - 1 months;

W2 - 24 months;

Written VOE - 31 months

(No Data)

409018269

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

Yes

7.4149

1.556

0.142

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

48.17

Yes

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

IRS Transcripts – W2(s) - 24 months;

Offer Letter - 1 months;

Paystub - 1 months

(No Data)

409018272

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.5217

Yes

0.16

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

31.82

31.71

31.82

31.71

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Paystub - 1 months;

W2 - 24 months

Paystub - 1 months;

W2 - 24 months

(No Data)

409018277

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Rate and Term Refi

(No Data)

Yes

6.8976

1.468

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

44.89

44.04

44.89

44.04

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

Yes

FMNA 1005

(No Data)

Paystub - 1 months;

W2 - 24 months;

Written VOE - 24 months

Paystub - 1 months;

W2 - 24 months;

Written VOE - 24 months

(No Data)

409018280

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.4364

Yes

0.183

Yes

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

26.31

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Lender Form

(No Data)

Paystub - 1 months;

W2 - 24 months;

Written VOE - 12 months

Paystub - 1 months;

W2 - 24 months

(No Data)

409018374

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.7704

Yes

1.433

0.000

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

27.28

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Paystub - 1 months;

W2 - 12 months

Paystub - 3 months;

W2 - 12 months

(No Data)

409018378

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Rate and Term Refi

(No Data)

7.1550

Yes

0.161

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

33.77

32.05

33.77

32.05

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Paystub - 30 months;

W2 - 24 months

(No Data)

409018380

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Purchase

(No Data)

Yes

6.9045

0.153

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

49.47

48.58

49.47

48.58

Yes

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Borrower

(No Data)

Yes

(No Data)

Yes

(No Data)

Business Tax Return - 12 months;

IRS Transcripts – Tax Return(s) - 12 months;

Lease Agreement - 12 months;

P & L - 6 months;

Personal Tax Return - 12 months;

W2 - 12 months

(No Data)

409018387

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Cashout Refi

(No Data)

6.3901

Yes

0.102

0.000

Yes

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

34.04

35.95

34.04

35.95

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Yes

(No Data)

IRS Transcripts – Tax Return(s) - 12 months;

Personal Tax Return - 12 months;

W2 - 24 months;

Written VOE - 31 months

(No Data)

409018404

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

Yes

6.3989

0.171

0.224

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

44.98

44.66

44.98

44.66

Yes

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

FMNA 1005

(No Data)

Business Tax Return - 24 months;

Paystub - 1 months;

Personal Tax Return - 24 months;

W2 - 12 months;

Written VOE - 24 months

(No Data)

409018406

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Rate and Term Refi

(No Data)

Yes

6.8750

0.000

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

43.94

43.83

43.94

43.83

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Offer Letter - 1 months;

Paystub - 2 months;

W2 - 24 months

Paystub - 3 months;

W2 - 24 months

(No Data)

409018408

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Second Home

Detached PUD

XXXXX

Conventional

(No Data)

Purchase

(No Data)

7.1348

Yes

0.065

0.124

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

6.95

6.68

6.95

6.68

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

IRS Transcripts – Tax Return(s) - 24 months;

Paystub - 30 months;

Personal Tax Return - 12 months;

W2 - 24 months

(No Data)

409018432

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Purchase

(No Data)

Yes

6.8971

0.193

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

43.05

43.06

43.05

43.06

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Paystub - 19 months;

W2 - 24 months;

Written VOE - 32 months

Paystub - 1 months;

W2 - 24 months;

Written VOE - 24 months

(No Data)

409018438

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.5263

Yes

0.233

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

33.33

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Paystub - 1 months;

W2 - 24 months;

Written VOE - 24 months

Paystub - 1 months;

W2 - 24 months

(No Data)

409018448

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR-Attached

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.5314

Yes

0.194

Not Applicable

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

24.4

25.58

24.4

25.58

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Paystub - 30 months;

W2 - 24 months;

Written VOE - 31 months

Paystub - 1 months;

W2 - 24 months;

Written VOE - 31 months

(No Data)

409018460

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.6473

Yes

0.075

Not Applicable

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

36.47

36.87

36.47

36.87

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

FMNA 1005

(No Data)

Paystub - 1 months;

W2 - 24 months;

Written VOE - 30 months

(No Data)

409018491

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Purchase

(No Data)

7.0208

Yes

0.173

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

38.84

38.85

38.84

38.85

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

1099 - 12 months;

Paystub - 1 months;

W2 - 24 months;

Written VOE - 30 months

Paystub - 1 months;

W2 - 24 months;

Written VOE - 30 months

(No Data)

409018496

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Cashout Refi

(No Data)

6.5003

Yes

0.53

Not Applicable

Yes

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

35.75

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Paystub - 1 months;

W2 - 24 months;

Written VOE - 30 months

Paystub - 1 months;

W2 - 24 months;

Written VOE - 30 months

(No Data)

409018505

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Cashout Refi

(No Data)

6.9554

Yes

1.67

2.428

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

33.26

33.5

33.26

33.5

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Business Tax Return - 24 months;

IRS Transcripts – Tax Return(s) - 24 months;

Personal Tax Return - 24 months;

W2 - 24 months

(No Data)

409018522

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Rate and Term Refi

(No Data)

Yes

6.6464

0.229

Not Applicable

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

49.95

46.74

49.95

46.74

Yes

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Award Letter - 1 months;

IRS Transcripts – Tax Return(s) - 24 months;

Personal Bank Statements - 1 months;

Personal Tax Return - 24 months

Award Letter - 1 months;

IRS Transcripts – Tax Return(s) - 24 months;

Personal Tax Return - 24 months

(No Data)

409018528

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Rate and Term Refi

(No Data)

6.1850

Yes

0.106

Not Applicable

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

20.43

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Paystub - 1 months;

W2 - 24 months;

Written VOE - 31 months

(No Data)

409018593

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Rate and Term Refi

(No Data)

6.7748

Yes

0.187

Yes

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

33.84

36.83

33.84

36.83

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Yes

(No Data)

IRS Transcripts – Tax Return(s) - 12 months;

Personal Tax Return - 24 months

Paystub - 2 months;

W2 - 24 months;

Written VOE - 24 months

(No Data)

409018594

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

Yes

6.5567

0.291

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

46.35

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Paystub - 1 months;

W2 - 24 months;

Written VOE - 22 months

(No Data)

409018606

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

Yes

6.5090

0.083

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

48.7

49.58

48.7

49.58

Yes

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Yes

(No Data)

Offer Letter - 1 months;

Paystub - 1 months;

Personal Tax Return - 24 months;

W2 - 24 months;

Written VOE - 27 months

(No Data)

409018617

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

Permanent Resident Alien

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.9024

Yes

0.225

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

42.93

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

FMNA 1005

(No Data)

Paystub - 1 months;

Written VOE - 31 months

(No Data)

Green Card

(No Data)

409018619

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Purchase

(No Data)

Yes

6.4142

0.36

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

43.13

48.61

43.13

48.61

Yes

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Business Tax Return - 24 months;

CPA Letter - 1 months;

IRS Transcripts – Tax Return(s) - 24 months;

P & L Only - 18 months;

Personal Tax Return - 24 months;

W2 - 36 months

(No Data)

409018709

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.8916

Yes

0.112

Not Applicable

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

14.32

14.33

14.32

14.33

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

FMNA 1005

(No Data)

Yes

(No Data)

Business Tax Return - 24 months;

IRS Transcripts – Tax Return(s) - 24 months;

Personal Tax Return - 24 months;

W2 - 12 months;

Written VOE - 12 months

(No Data)

409018724

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.5135

Yes

0.129

0.102

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

37.65

39.1

37.65

39.1

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Yes

(No Data)

Yes

(No Data)

Business Tax Return - 24 months;

IRS Transcripts – Tax Return(s) - 12 months;

Personal Tax Return - 24 months

IRS Transcripts – Tax Return(s) - 12 months;

Paystub - 1 months;

Personal Tax Return - 24 months;

Verbal VOE with Income - 24 months;

W2 - 24 months;

Written VOE - 24 months

(No Data)

409018735

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Cashout Refi

(No Data)

7.0222

Yes

0.166

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

40.36

40.07

40.36

40.07

(No Data)

XXXXX

Yes

XXXX

Yes

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Yes

(No Data)

Yes

(No Data)

Award Letter - 1 months;

Paystub - 1 months;

Personal Bank Statements - 1 months;

W2 - 24 months;

Written VOE - 24 months

Paystub - 1 months;

W2 - 24 months;

Written VOE - 24 months

(No Data)

409018738

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Rate and Term Refi

(No Data)

7.1833

Yes

2.525

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

37.38

35.75

37.38

35.75

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Borrower

(No Data)

Yes

(No Data)

Business Tax Return - 24 months;

IRS Transcripts – Tax Return(s) - 24 months;

P & L - 7 months;

Paystub - 1 months;

Personal Tax Return - 24 months;

W2 - 24 months

(No Data)

409018750

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Purchase

(No Data)

7.1452

Yes

0.112

Not Applicable

Yes

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

38.65

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Business Tax Return - 24 months;

CPA Letter without Income - 24 months;

IRS Transcripts – Tax Return(s) - 12 months;

Personal Tax Return - 12 months;

W2 - 24 months

(No Data)

409018753

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Purchase

(No Data)

Yes

6.9473

Yes

0.182

Not Applicable

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

42.76

48.89

42.76

48.89

Yes

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Business Tax Return - 24 months;

Paystub - 1 months;

Personal Tax Return - 24 months;

W2 - 24 months;

Written VOE - 29 months

(No Data)

409018763

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.7751

Yes

0.114

0.000

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

18.38

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Paystub - 1 months;

W2 - 24 months

(No Data)

409018766

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

Non-Permanent Resident Alien

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.2741

Yes

0.154

0.000

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

40.31

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Yes

(No Data)

Yes

(No Data)

IRS Transcripts – W2(s) - 24 months;

Paystub - 2 months;

W2 - 24 months;

Written VOE - 31 months

IRS Transcripts – W2(s) - 24 months;

Paystub - 2 months;

W2 - 24 months;

Written VOE - 31 months

(No Data)

Work Visa

(No Data)

409018823

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.8882

Yes

0.095

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

39.17

39.35

39.17

39.35

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Borrower

(No Data)

Yes

(No Data)

Business Tax Return - 24 months;

IRS Transcripts – Tax Return(s) - 36 months;

P & L - 1 months;

Paystub - 1 months;

Personal Tax Return - 24 months;

W2 - 24 months

(No Data)

409018834

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Second Home

Detached PUD

XXXXX

Conventional

(No Data)

Cashout Refi

(No Data)

Yes

6.6559

0.139

0.000

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

44.39

44.48

44.39

44.48

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

CPA Letter - 1 months;

IRS Transcripts – Tax Return(s) - 24 months;

Paystub - 1 months;

W2 - 24 months

(No Data)

409018844

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.8005

Yes

1.66

Not Applicable

Yes

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

15.34

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Paystub - 1 months;

W2 - 24 months

Paystub - 1 months;

W2 - 24 months

(No Data)

409018854

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.6939

Yes

0.19

Not Applicable

Yes

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

40.59

42.11

40.59

42.11

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

FMNA 1005

Yes

FMNA 1005

(No Data)

Paystub - 1 months;

W2 - 24 months;

Written VOE - 24 months

Paystub - 1 months;

W2 - 24 months;

Written VOE - 24 months

(No Data)

409018856

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.9007

Yes

0.167

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

37.25

38.53

37.25

38.53

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Yes

Borrower

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

IRS Transcripts – Tax Return(s) - 12 months;

Paystub - 1 months;

Personal Tax Return - 12 months;

W2 - 24 months;

Written VOE - 24 months

1099 - 24 months;

Business Tax Return - 24 months;

CPA Letter without Income - 1 months;

IRS Transcripts – Tax Return(s) - 12 months;

P & L - 7 months;

Paystub - 1 months;

Personal Tax Return - 24 months;

W2 - 24 months

(No Data)

409018880

XXXXX

QM: Safe Harbor (APOR)

Not Provided

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.7988

Yes

0.164

Not Applicable

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

24.82

24.61

24.82

24.61

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Paystub - 3 months;

W2 - 24 months;

Written VOE - 29 months

Paystub - 3 months;

W2 - 24 months;

Written VOE - 53 months

(No Data)

409018890

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Rowhouse

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.5224

Yes

0.27

0.135

Yes

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

19.8

19.88

19.8

19.88

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Borrower

(No Data)

Yes

(No Data)

Business Tax Return - 24 months;

CPA Letter without Income - 1 months;

P & L - 19 months;

Personal Tax Return - 12 months

(No Data)

409018891

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.6503

Yes

0.125

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

35.82

37.11

35.82

37.11

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Business Tax Return - 24 months;

IRS Transcripts – Tax Return(s) - 12 months;

Personal Tax Return - 24 months;

W2 - 24 months

(No Data)

409018909

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

Permanent Resident Alien

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.4008

Yes

0.094

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

32.19

32.69

31.19

32.69

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Paystub - 2 months;

W2 - 24 months

Paystub - 2 months;

W2 - 24 months

(No Data)

Green Card

(No Data)

409018919

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

Non-Permanent Resident Alien

(No Data)

Primary

Attached PUD

XXXXX

Conventional

(No Data)

Rate and Term Refi

(No Data)

6.5237

Yes

0.144

0.000

Yes

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

25.56

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Paystub - 1 months;

W2 - 24 months;

Written VOE - 32 months

Paystub - 1 months;

W2 - 24 months;

Written VOE - 32 months

(No Data)

Work Visa

(No Data)

409018933

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.3905

Yes

0.086

Not Applicable

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

32.39

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Yes

(No Data)

Yes

(No Data)

IRS Transcripts – Tax Return(s) - 36 months;

Paystub - 1 months;

Personal Tax Return - 24 months;

W2 - 24 months;

Written VOE - 30 months

IRS Transcripts – Tax Return(s) - 36 months;

Paystub - 1 months;

Personal Tax Return - 24 months;

W2 - 24 months

(No Data)

409018948

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.1507

Yes

0.173

Not Applicable

Yes

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

26.89

25.9

26.89

25.9

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Paystub - 1 months;

W2 - 24 months

Paystub - 1 months;

W2 - 12 months

(No Data)

409018954

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

Permanent Resident Alien

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Cashout Refi

(No Data)

Yes

6.4266

0.563

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

45.98

Yes

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Paystub - 1 months;

W2 - 24 months;

Written VOE - 31 months

Paystub - 1 months;

W2 - 24 months;

Written VOE - 31 months

(No Data)

Green Card

(No Data)

409018955

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Cashout Refi

(No Data)

6.6007

Yes

0.991

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

39.87

39.67

39.87

39.67

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

FMNA 1005

Yes

FMNA 1005

(No Data)

Yes

(No Data)

IRS Transcripts – Tax Return(s) - 12 months;

IRS Transcripts – W2(s) - 24 months;

Paystub - 1 months;

Personal Tax Return - 12 months;

W2 - 24 months;

Written VOE - 24 months

IRS Transcripts – Tax Return(s) - 12 months;

IRS Transcripts – W2(s) - 24 months;

Paystub - 1 months;

Personal Tax Return - 12 months;

W2 - 24 months;

Written VOE - 24 months

(No Data)

409018969

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.6434

Yes

0.132

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

40.81

40.8

40.81

40.8

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

FMNA 1005

(No Data)

Yes

(No Data)

IRS Transcripts – W2(s) - 12 months;

Paystub - 1 months;

W2 - 24 months;

Written VOE - 29 months

(No Data)

409018972

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Site Condo

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.0719

Yes

0.157

Yes

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

42.76

40.32

42.76

40.32

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Written VOE - 24 months

(No Data)

409018981

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

Non-Permanent Resident Alien

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.5250

Yes

0.178

Not Applicable

Yes

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

19.38

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Yes

(No Data)

IRS Transcripts – W2(s) - 12 months;

Paystub - 1 months;

W2 - 12 months;

Written VOE - 32 months

(No Data)

Work Visa

(No Data)

409018983

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Rate and Term Refi

(No Data)

6.6482

Yes

0.179

Not Applicable

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

25.24

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Paystub - 1 months;

W2 - 24 months

(No Data)

409019075

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Rate and Term Refi

(No Data)

6.6409

Yes

0.128

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

24.1

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Paystub - 2 months;

W2 - 24 months

Paystub - 2 months;

W2 - 24 months

(No Data)

409019162

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Cashout Refi

(No Data)

Yes

6.8971

0.165

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

44.97

Yes

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

IRS Transcripts – Tax Return(s) - 24 months;

Paystub - 30 months;

W2 - 24 months

(No Data)

409019168

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.9968

Yes

Not Applicable

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

28.51

28.28

28.51

28.28

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Business Tax Return - 36 months;

W2 - 24 months;

Written VOE - 31 months

(No Data)

409019379

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Cashout Refi

(No Data)

6.6605

Yes

1.093

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

34.35

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Paystub - 30 months;

W2 - 24 months;

Written VOE - 24 months

(No Data)

409019385

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.2718

Yes

0.124

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

34.67

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Paystub - 1 months;

W2 - 24 months

Paystub - 1 months;

W2 - 24 months

(No Data)

409019429

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Rate and Term Refi

(No Data)

6.9009

Yes

0.185

Yes

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

25.6

26.06

25.6

26.06

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Borrower

(No Data)

Yes

(No Data)

Business Tax Return - 24 months;

IRS Transcripts – Tax Return(s) - 24 months;

IRS Transcripts – W2(s) - 36 months;

P & L - 6 months;

Personal Tax Return - 24 months;

W2 - 24 months

(No Data)

409019434

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.6335

Yes

0.011

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

34.6

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Borrower

(No Data)

Yes

(No Data)

Business Tax Return - 24 months;

IRS Transcripts – Tax Return(s) - 12 months;

P & L - 19 months;

Personal Tax Return - 12 months;

W2 - 24 months

(No Data)

409019450

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.6528

Yes

0.213

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

38.39

38.84

38.39

38.84

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Yes

(No Data)

Yes

(No Data)

IRS Transcripts – Tax Return(s) - 24 months;

Paystub - 1 months;

Personal Tax Return - 24 months;

W2 - 24 months;

Written VOE - 24 months

IRS Transcripts – Tax Return(s) - 24 months;

Paystub - 1 months;

Personal Tax Return - 24 months;

W2 - 24 months;

Written VOE - 24 months

(No Data)

409019489

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

7.0278

Yes

0.147

Not Applicable

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

33.87

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Business Tax Return - 12 months;

CPA Letter without Income - 24 months;

IRS Transcripts – Tax Return(s) - 12 months;

Personal Tax Return - 12 months;

W2 - 12 months

(No Data)

409019506

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

Permanent Resident Alien

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Cashout Refi

(No Data)

6.6896

Yes

0.223

0.220

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

43.33

30.51

42.33

30.51

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Paystub - 2 months;

W2 - 24 months;

Written VOE - 24 months

Paystub - 2 months;

W2 - 24 months;

Written VOE - 24 months

(No Data)

Green Card

(No Data)

409019532

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Purchase

(No Data)

Yes

7.0619

0.193

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

46.79

Yes

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

Yes

FMNA 1005

(No Data)

Paystub - 1 months;

W2 - 24 months;

Written VOE - 24 months

Paystub - 31 months;

W2 - 24 months;

Written VOE - 24 months

(No Data)

409019536

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.2700

Yes

0.145

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

38.89

38.55

38.89

38.55

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Yes

(No Data)

Yes

(No Data)

IRS Transcripts – W2(s) - 24 months;

Paystub - 1 months;

W2 - 24 months;

Written VOE - 31 months

IRS Transcripts – W2(s) - 24 months;

Paystub - 1 months;

W2 - 24 months;

Written VOE - 31 months

(No Data)

409019544

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Cashout Refi

(No Data)

Yes

6.8940

0.124

Not Applicable

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

46.33

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

FMNA 1005

(No Data)

Yes

(No Data)

1099 - 12 months;

Award Letter - 24 months

Paystub - 2 months;

W2 - 24 months;

Written VOE - 14 months

(No Data)

409019567

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.4967

Yes

1.092

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

41.34

38.52

41.34

38.52

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Paystub - 1 months;

Personal Tax Return - 12 months;

W2 - 24 months;

Written VOE - 24 months

Paystub - 1 months;

Personal Tax Return - 12 months;

W2 - 24 months

(No Data)

409019598

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Purchase

(No Data)

7.0553

Yes

1.953

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

33.58

35.58

33.58

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Paystub - 1 months;

W2 - 24 months

(No Data)

409020593

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Rate and Term Refi

(No Data)

6.6225

Yes

1.222

1.220

Yes

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

32.37

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Business Tax Return - 12 months;

IRS Transcripts – Tax Return(s) - 12 months;

Paystub - 2 months;

Personal Tax Return - 12 months;

W2 - 24 months

Paystub - 2 months;

W2 - 24 months

(No Data)

409020596

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Rate and Term Refi

(No Data)

Yes

7.2629

0.088

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

48.29

48.58

48.29

48.58

Yes

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Yes

Borrower

(No Data)

Yes

(No Data)

Personal Tax Return - 24 months;

W2 - 12 months;

Written VOE - 31 months

Business Tax Return - 24 months;

IRS Transcripts – Tax Return(s) - 24 months;

P & L - 7 months;

Personal Tax Return - 24 months

(No Data)

409020600

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Cashout Refi

(No Data)

7.0233

Yes

0.153

Not Applicable

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

36.31

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Paystub - 1 months;

Personal Tax Return - 12 months;

W2 - 24 months

Paystub - 1 months;

Personal Tax Return - 12 months;

W2 - 24 months

(No Data)

409020627

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.4905

Yes

0.209

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

25.21

25.08

25.21

25.08

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Paystub - 1 months;

W2 - 24 months;

Written VOE - 24 months

(No Data)

409020637

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

Yes

7.3859

Yes

0.183

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

43.86

34.03

43.86

34.03

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Business Tax Return - 12 months;

Personal Tax Return - 12 months;

W2 - 24 months

(No Data)

409020640

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

Permanent Resident Alien

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.2619

Yes

0.084

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

41.67

41.68

41.67

41.68

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

IRS Transcripts – W2(s) - 24 months;

Offer Letter - 1 months;

W2 - 24 months;

Written VOE - 24 months

IRS Transcripts – W2(s) - 24 months;

Paystub - 1 months;

W2 - 24 months;

Written VOE - 24 months

(No Data)

Green Card

(No Data)

409020649

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Cashout Refi

(No Data)

6.3945

Yes

0.15

0.150

Yes

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

18.99

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Paystub - 2 months;

W2 - 24 months;

Written VOE - 24 months

(No Data)

409020656

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Rate and Term Refi

(No Data)

6.5287

Yes

0.085

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

34.86

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

FMNA 1005

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Yes

(No Data)

Yes

(No Data)

IRS Transcripts – Tax Return(s) - 24 months;

Paystub - 2 months;

W2 - 24 months;

Written VOE - 14 months

IRS Transcripts – Tax Return(s) - 24 months;

Paystub - 1 months;

W2 - 24 months;

Written VOE - 31 months

(No Data)

409020661

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.6722

Yes

0.127

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

40.78

40.93

40.78

40.93

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

FMNA 1005

(No Data)

Yes

(No Data)

Offer Letter - 1 months;

Paystub - 1 months;

W2 - 12 months;

Written VOE - 31 months

(No Data)

409020673

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.7722

Yes

0.15

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

25.28

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Business Tax Return - 24 months;

IRS Transcripts – Tax Return(s) - 24 months;

Personal Tax Return - 24 months;

W2 - 24 months

(No Data)

409020684

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Rate and Term Refi

(No Data)

Yes

6.9141

0.389

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

43.67

43.65

43.67

43.65

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Paystub - 1 months;

W2 - 24 months;

Written VOE - 24 months

(No Data)

409020686

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR-Attached

XXXXX

Conventional

(No Data)

Cashout Refi

(No Data)

Yes

6.9148

1.858

Not Applicable

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

49.98

49.97

49.98

49.97

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Personal Bank Statements - 2 months

(No Data)

409020702

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Low Rise Condo (1-4)

XXXXX

Conventional

(No Data)

Cashout Refi

(No Data)

Yes

6.8051

1.524

Not Applicable

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

46.9

46.68

46.9

46.68

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

FMNA 1005

(No Data)

Yes

Borrower

(No Data)

Business Tax Return - 24 months;

P & L - 18 months;

Personal Tax Return - 12 months;

W2 - 24 months

Paystub - 2 months;

W2 - 12 months;

Written VOE - 19 months

(No Data)

409020707

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.4229

Yes

0.161

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

32.54

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Paystub - 1 months;

W2 - 24 months;

Written VOE - 31 months

Paystub - 1 months;

W2 - 24 months;

Written VOE - 31 months

(No Data)

409020725

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.6498

Yes

0.185

Not Applicable

Yes

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

23.45

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Paystub - 1 months;

W2 - 24 months

Paystub - 1 months;

W2 - 24 months

(No Data)

409020734

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

Permanent Resident Alien

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Rate and Term Refi

(No Data)

6.3612

Yes

1.12

0.000

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

36.25

36.12

36.25

36.12

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

FMNA 1005

(No Data)

Paystub - 1 months;

W2 - 12 months

Paystub - 1 months;

W2 - 12 months;

Written VOE - 24 months

(No Data)

Green Card

(No Data)

409020736

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

Permanent Resident Alien

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.6548

Yes

0.406

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

32.48

32.25

32.48

32.25

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

FMNA 1005

Yes

FMNA 1005

(No Data)

Paystub - 30 months;

W2 - 24 months;

Written VOE - 31 months

Paystub - 1 months;

W2 - 24 months;

Written VOE - 4 months

(No Data)

Green Card

(No Data)

409020737

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.6554

Yes

0.127

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

36.47

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Yes

(No Data)

Offer Letter - 1 months;

Paystub - 1 months;

W2 - 24 months;

Written VOE - 1 months

Paystub - 1 months;

W2 - 12 months;

Written VOE - 12 months

(No Data)

409020745

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR-Attached

XXXXX

Conventional

(No Data)

Purchase

(No Data)

Yes

6.3970

0.151

Yes

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

46.69

47.09

46.69

47.09

Yes

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Paystub - 1 months;

W2 - 24 months;

Written VOE - 24 months

(No Data)

409020747

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

Yes

6.5155

0.112

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

44.16

44.12

44.16

44.12

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Paystub - 1 months;

W2 - 24 months;

Written VOE - 24 months

Paystub - 1 months;

W2 - 24 months

(No Data)

409020754

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

Yes

6.3507

0.941

Not Applicable

Yes

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

49.89

Yes

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

IRS Transcripts – Tax Return(s) - 24 months;

Lease Agreement - 12 months;

Paystub - 1 months;

Personal Tax Return - 24 months;

W2 - 24 months;

Written VOE - 30 months

IRS Transcripts – Tax Return(s) - 24 months;

Paystub - 1 months;

Personal Tax Return - 24 months;

W2 - 24 months

(No Data)

409020810

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

Non-Permanent Resident Alien

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Cashout Refi

(No Data)

Yes

6.8935

0.125

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

43.21

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

IRS Transcripts – Tax Return(s) - 12 months;

Paystub - 31 months;

Personal Tax Return - 12 months;

W2 - 24 months

IRS Transcripts – Tax Return(s) - 12 months;

Paystub - 31 months;

Personal Tax Return - 12 months;

W2 - 24 months

(No Data)

Other

(No Data)

409020815

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Purchase

(No Data)

Yes

6.5225

0.099

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

45.82

45.79

45.82

45.79

Yes

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

Yes

Other

(No Data)

Paystub - 1 months;

W2 - 24 months;

Written VOE - 2 months

Paystub - 1 months;

W2 - 24 months;

Written VOE - 1 months

(No Data)

409020837

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.5180

Yes

0.124

0.000

(No Data)

Yes

Not Applicable

Yes

(No Data)

Not Applicable

(No Data)

40.48

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

IRS Transcripts – Tax Return(s) - 12 months;

Offer Letter - 12 months;

Paystub - 1 months;

Personal Tax Return - 12 months;

W2 - 24 months

IRS Transcripts – Tax Return(s) - 12 months;

Paystub - 1 months;

Personal Tax Return - 12 months;

W2 - 12 months

(No Data)

409020979

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.3925

Yes

0.122

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

35.49

35.82

35.49

35.82

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

FMNA 1005

(No Data)

Paystub - 31 months;

W2 - 24 months;

Written VOE - 31 months

(No Data)

409020988

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.7799

Yes

0.174

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

18.04

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Paystub - 1 months;

W2 - 24 months

Paystub - 1 months;

W2 - 12 months

(No Data)

409020999

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.9018

Yes

0.108

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

38.82

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

FMNA 1005

(No Data)

Paystub - 1 months;

W2 - 24 months;

Written VOE - 31 months

Paystub - 31 months;

W2 - 24 months

(No Data)

409021009

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.9010

Yes

0.183

Not Applicable

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

35.3

34.38

35.3

34.38

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Borrower

(No Data)

Business Tax Return - 24 months;

P & L - 7 months;

Paystub - 1 months;

Personal Tax Return - 24 months;

W2 - 24 months

(No Data)

409021012

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

Yes

6.5834

0.279

Not Applicable

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

49.09

49.1

49.09

49.1

Yes

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Paystub - 1 months;

W2 - 24 months;

Written VOE - 30 months

Paystub - 1 months;

W2 - 24 months;

Written VOE - 30 months

(No Data)

409021019

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Cashout Refi

(No Data)

Yes

7.1887

0.216

Not Applicable

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

44.23

44.24

44.23

44.24

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Written VOE - 31 months

Paystub - 3 months;

W2 - 12 months

(No Data)

409021021

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Rebuttable Presumption (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.4115

Yes

0.165

Not Applicable

Yes

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

14.72

14.75

14.72

14.75

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Business Tax Return - 24 months;

IRS Transcripts – Tax Return(s) - 24 months;

Personal Tax Return - 24 months

Business Tax Return - 24 months;

IRS Transcripts – Tax Return(s) - 24 months;

Personal Tax Return - 24 months

(No Data)

409021023

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Cashout Refi

(No Data)

7.0095

Yes

1.302

Yes

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

36.52

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Paystub - 1 months;

W2 - 12 months

Paystub - 1 months;

W2 - 12 months;

Written VOE - 8 months

(No Data)

409021074

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.6510

Yes

0.196

Not Applicable

Yes

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

35.77

37.06

25.77

37.06

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Paystub - 5 months;

W2 - 24 months

(No Data)

409021101

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

Permanent Resident Alien

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.6564

Yes

0.135

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

27.34

27.51

27.34

27.51

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Paystub - 1 months;

W2 - 24 months

(No Data)

Green Card

(No Data)

409021114

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.6183

Yes

1.184

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

41.73

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Yes

(No Data)

Paystub - 32 months;

Personal Tax Return - 24 months;

W2 - 12 months;

Written VOE - 31 months

IRS Transcripts – Tax Return(s) - 24 months;

Personal Tax Return - 24 months

(No Data)

409021119

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Purchase

(No Data)

Yes

7.1575

0.186

Not Applicable

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

48.16

48.71

48.16

48.71

Yes

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

FMNA 1005

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Award Letter - 12 months;

IRS Transcripts – Tax Return(s) - 24 months;

Paystub - 1 months;

Personal Tax Return - 12 months;

W2 - 24 months;

Written VOE - 32 months

Award Letter - 12 months;

IRS Transcripts – Tax Return(s) - 24 months;

Personal Tax Return - 12 months

(No Data)

409021147

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.5402

Yes

0.201

Not Applicable

Yes

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

39.27

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

FMNA 1005

(No Data)

Paystub - 1 months;

W2 - 24 months;

Written VOE - 31 months

(No Data)

409021158

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.8045

Yes

1.476

Not Applicable

Yes

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

39.86

33.61

39.86

33.61

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

FMNA 1005

(No Data)

Paystub - 1 months;

W2 - 24 months;

Written VOE - 24 months

Paystub - 1 months;

W2 - 24 months

(No Data)

409021178

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Second Home

Detached PUD

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.4330

Yes

0.657

0.000

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

15.82

16.69

15.82

16.69

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Borrower

(No Data)

Yes

(No Data)

Business Tax Return - 24 months;

IRS Transcripts – Tax Return(s) - 24 months;

P & L - 6 months;

Personal Tax Return - 24 months;

W2 - 24 months

(No Data)

409021192

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

Yes

6.8705

1.129

Not Applicable

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

46.43

46.75

46.43

46.75

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

IRS Transcripts – W2(s) - 24 months;

Offer Letter - 1 months;

Paystub - 1 months;

W2 - 24 months

IRS Transcripts – W2(s) - 24 months;

Personal Bank Statements - 3 months

(No Data)

409021244

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Purchase

(No Data)

Yes

6.6447

0.116

Not Applicable

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

45.3

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Paystub - 1 months;

W2 - 24 months;

Written VOE - 24 months

Paystub - 1 months;

W2 - 24 months;

Written VOE - 24 months

(No Data)

409021249

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Purchase

(No Data)

Yes

5.9665

0.18

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

48.56

Yes

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Borrower

(No Data)

Yes

(No Data)

IRS Transcripts – Tax Return(s) - 24 months;

Paystub - 1 months;

Personal Tax Return - 24 months;

W2 - 24 months

Paystub - 1 months;

W2 - 24 months

Business Tax Return - 24 months;

P & L - 7 months;

Personal Tax Return - 24 months;

W2 - 24 months

(No Data)

409021253

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

Yes

6.9826

0.162

0.000

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

44.26

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Paystub - 1 months;

W2 - 24 months

(No Data)

409021304

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR-Attached

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.9134

Yes

0.116

Not Applicable

Yes

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

35.68

35.69

35.68

35.69

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Paystub - 1 months;

W2 - 24 months

Paystub - 1 months;

W2 - 12 months

(No Data)

409021308

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

Yes

6.9198

0.224

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

43.98

44.17

43.98

44.17

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Business Tax Return - 24 months;

IRS Transcripts – Tax Return(s) - 24 months;

Personal Tax Return - 24 months;

W2 - 24 months

Business Tax Return - 24 months;

IRS Transcripts – Tax Return(s) - 24 months;

Personal Tax Return - 24 months;

W2 - 24 months

(No Data)

409021589

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Purchase

(No Data)

Yes

6.6475

0.107

Not Applicable

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

47.52

47.83

47.52

47.83

Yes

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Borrower

(No Data)

Paystub - 1 months;

Personal Tax Return - 24 months;

W2 - 24 months

Business Tax Return - 24 months;

P & L - 7 months;

Paystub - 1 months;

Personal Tax Return - 24 months;

W2 - 24 months

(No Data)

409021618

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Purchase

(No Data)

Yes

6.6563

0.093

Not Applicable

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

49.54

Yes

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Paystub - 1 months;

W2 - 24 months;

Written VOE - 30 months

Paystub - 1 months;

W2 - 24 months;

Written VOE - 30 months

(No Data)

409021624

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.5111

Yes

0.115

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

29.5

29.47

29.5

29.47

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Paystub - 1 months;

W2 - 24 months;

Written VOE - 32 months

W2 - 12 months;

Written VOE - 20 months

(No Data)

409021641

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

Yes

6.8791

0.294

0.000

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

48.48

47.9

48.48

47.9

Yes

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Paystub - 2 months;

W2 - 24 months;

Written VOE - 32 months

(No Data)

409021650

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.3865

Yes

0.23

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

38.99

37.98

38.99

37.98

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Borrower

(No Data)

Yes

(No Data)

Business Tax Return - 12 months;

IRS Transcripts – Tax Return(s) - 12 months;

P & L - 19 months;

Personal Tax Return - 12 months;

W2 - 24 months

(No Data)

409021673

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.7610

Yes

0.064

Not Applicable

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

24.57

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

IRS Transcripts – Tax Return(s) - 24 months;

Personal Tax Return - 24 months;

W2 - 24 months

(No Data)

409021752

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.7875

Yes

0.177

Not Applicable

Yes

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

34.37

34.34

34.37

34.34

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Paystub - 1 months;

W2 - 24 months;

Written VOE - 24 months

Paystub - 1 months;

W2 - 24 months

(No Data)

409021753

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.4347

Yes

0.191

Not Applicable

Yes

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

40.06

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Paystub - 1 months;

W2 - 24 months;

Written VOE - 31 months

Paystub - 24 months;

W2 - 24 months;

Written VOE - 31 months

(No Data)

409021799

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

Detached PUD

XXXXX

Conventional

(No Data)

Purchase

(No Data)

Yes

6.3895

Yes

0.077

0.000

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

45.76

42.38

45.76

42.38

Yes

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Paystub - 19 months;

W2 - 24 months;

Written VOE - 31 months

Paystub - 3 months;

W2 - 24 months;

Written VOE - 22 months

(No Data)

409021802

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR-Attached

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.5606

Yes

1.832

Not Applicable

Yes

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

29.5

29.52

29.5

29.52

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Paystub - 1 months;

W2 - 12 months

(No Data)

409021815

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Rate and Term Refi

(No Data)

6.5285

Yes

0.234

Not Applicable

Yes

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

25.35

24.8

25.35

24.8

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Paystub - 1 months;

W2 - 24 months

Paystub - 1 months;

W2 - 24 months

(No Data)

409022300

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Primary

SFR

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.3947

Yes

0.166

Yes

(No Data)

Yes

Not Applicable

(No Data)

Not Applicable

(No Data)

37.54

31.67

37.54

31.67

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Independent Third Party (The Work Number, Equifax etc)

(No Data)

Yes

(No Data)

IRS Transcripts – Tax Return(s) - 12 months;

Personal Tax Return - 12 months

Paystub - 2 months;

W2 - 24 months;

Written VOE - 24 months

(No Data)

409023738

XXXXX

QM: Safe Harbor (APOR)

Present

QM: Safe Harbor (APOR)

XXXXX

U.S. Citizen

(No Data)

Second Home

Detached PUD

XXXXX

Conventional

(No Data)

Purchase

(No Data)

6.8849

Yes

1.136

Not Applicable

Yes

(No Data)

Yes

(No Data)

Not Applicable

(No Data)

18.35

(No Data)

XXXXX

(No Data)

XXXXX

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

(No Data)

Yes

Borrower

(No Data)

Yes

(No Data)

Business Tax Return - 24 months;

IRS Transcripts – Tax Return(s) - 24 months;

P & L - 7 months;

Personal Tax Return - 24 months;

W2 - 24 months

(No Data)

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EX-99.5 6 exhibit99-5.htm CLAYTON VALUATIONS SUMMARY

Client Name:
Client Project Name:	SEMT 2025-11
Start - End Dates:	5/26/2025 - 9/25/2025
Deal Loan Count:	187

Valuations Summary

Loans in Report:	187

					Origination Values										Automated Valuation Model							Desk Review				Second Desk Review				Field Review				Second Field Review				1004 SFR (Mar 05)				2055 Ext Only (Mar 05)				BPO (Broker Price Opinion)				Other					AUS Information
Loan Number	Seller Loan Number	Original Balance	Sales Price	Value For LTV	Appraised Date	Appraised Value	Appraisal Form	AVM Vendor Name	Confidence Score	Review Date	Review Value	Variance Amount	Variance %	Review Type	Report Date	Value	Variance Amount	Variance (%)	AVM Vendor Name	AVM FSD	Confidence Score	Report Date	Value	Variance Amount	Variance (%)	Report Date	Value	Variance Amount	Variance %	Report Date	Value	Variance Amount	Variance (%)	Report Date	Value	Variance Amount	Variance (%)	Report Date	Value	Variance Amount	Variance (%)	Report Date	Report Value	Variance Amount	Variance (%)	Report Date	Value	Variance Amount	Variance (%)	Other - Valuation Type	Report Date	Value	Variance Amount	Variance (%)	CU / LCA Score
409011483	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%	XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409012814	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409013618	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409013631	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	(No Data)
409013917	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	(No Data)
409013956	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	(No Data)
409014270	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409014919	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	(No Data)
409014946	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409014996	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409015059	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409015199	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409015453	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409015497	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409015505	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409015554	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409015616	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	(No Data)
409015703	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	(No Data)
409015743	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	(No Data)
409015915	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409015938	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	(No Data)
409016290	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409016342	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409016348	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409016365	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)			XXXXX	XXXXX	XXXXX	XXXXX	Full Appraisal		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%	XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409016521	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409016592	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409016654	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409016676	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409016681	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409016690	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409016713	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1073 Condo (Mar 05)				$0.00			None	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	(No Data)
409016727	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	(No Data)
409016764	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409016784	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409016791	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409016794	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			Not Applicable		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409016858	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409016881	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409016894	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409016976	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409017218	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409017219	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409017306	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409017317	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%	XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409017349	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409017351	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409017413	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409017470	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409017473	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409017485	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409017487	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409017500	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409017799	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409017841	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409017921	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409017929	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409017991	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409017995	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409017996	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409018252	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409018259	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409018261	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	(No Data)
409018269	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409018272	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409018277	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409018280	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	(No Data)
409018374	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409018378	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409018380	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409018387	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409018404	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409018406	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409018408	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409018432	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409018438	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	(No Data)
409018448	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409018460	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409018491	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409018496	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409018505	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409018522	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	(No Data)
409018528	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%	XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409018593	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	(No Data)
409018594	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409018606	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409018617	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409018619	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409018709	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409018724	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409018735	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409018738	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409018750	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409018753	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409018763	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409018766	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409018823	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409018834	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409018844	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409018854	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409018856	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409018880	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409018890	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409018891	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	(No Data)
409018909	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409018919	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409018933	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409018948	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409018954	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409018955	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409018969	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409018972	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	(No Data)
409018981	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	(No Data)
409018983	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409019075	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	(No Data)
409019162	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409019168	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409019379	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409019385	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409019429	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409019434	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409019450	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409019489	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409019506	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409019532	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409019536	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409019544	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409019567	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409019598	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409020593	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	(No Data)
409020596	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409020600	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)			XXXXX	XXXXX	XXXXX	XXXXX	Full Appraisal		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409020627	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409020637	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	(No Data)
409020640	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	(No Data)
409020649	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409020656	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%	XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409020661	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409020673	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	(No Data)
409020684	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	(No Data)
409020686	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409020702	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1073 Condo (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409020707	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409020725	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409020734	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409020736	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409020737	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409020745	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409020747	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409020754	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409020810	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409020815	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409020837	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409020979	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409020988	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409020999	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409021009	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	(No Data)
409021012	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409021019	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	(No Data)
409021021	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409021023	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409021074	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409021101	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409021114	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	(No Data)
409021119	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409021147	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409021158	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409021178	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409021192	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	(No Data)
409021244	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409021249	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409021253	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409021304	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409021308	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409021589	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409021618	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409021624	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409021641	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409021650	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409021673	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409021752	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409021753	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409021799	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409021802	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409021815	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000			$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX
409022300	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	(No Data)
409023738	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	XXXXX	1004 SFR (Mar 05)				$0.00			None		$0.00	$0.00	0.00%		0.000		XXXXX	XXXXX	XXXXX	XXXXX		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%		$0.00	$0.00	0.00%			$0.00	$0.00	0.00%	XXXXX

EX-99.6 7 exhibit99-6.htm CLAYTON CONDITIONS REPORT 2.0

Client Name:
Client Project Name:	SEMT 2025-11
Start - End Dates:	5/26/2025 - 9/25/2025
Deal Loan Count:	187

Conditions Report 2.0

Loans in Report:	187
Loans with Conditions:	132

0 - Total Active Conditions



303 - Total Satisfied Conditions

		110 - Credit Review Scope
			2 - Category: Ability to Repay/Qualified Mortgage
			3 - Category: Application
			15 - Category: Assets
			10 - Category: Credit/Mtg History
			13 - Category: DTI
			46 - Category: Income/Employment
			3 - Category: Insurance
			3 - Category: Legal Documents
			12 - Category: Terms/Guidelines
			3 - Category: Title
		16 - Property Valuations Review Scope
			16 - Category: Appraisal
		177 - Compliance Review Scope
			21 - Category: Ability to Repay/Qualified Mortgage
			1 - Category: Borrower's Interest
			4 - Category: Compliance Manual
			2 - Category: Documentation
			16 - Category: RESPA
			4 - Category: Right of Rescission
			1 - Category: State Consumer Protection
			5 - Category: Texas Home Equity
			123 - Category: TILA/RESPA Integrated Disclosure
31 - Total Waived Conditions

		23 - Credit Review Scope
			1 - Category: Assets
			5 - Category: Credit/Mtg History
			1 - Category: DTI
			5 - Category: Income/Employment
			2 - Category: LTV/CLTV
			9 - Category: Terms/Guidelines
		2 - Property Valuations Review Scope
			2 - Category: Property
		6 - Compliance Review Scope
			2 - Category: RESPA
			4 - Category: Right of Rescission

©2025 Clayton Services LLC. All rights reserved. Ownership and use of this report is governed by the legal agreement between Clayton and the party for which it was prepared. Any use not expressly authorized by such agreement, including reliance on this report by anyone other than such party, is prohibited.

Client Name:
Client Project Name:	SEMT 2025-11
Start - End Dates:	5/26/2025 - 9/25/2025
Deal Loan Count:	187

Conditions Report 2.0

Loans in Report:	187
Loans with Conditions:	132

Loan Number

Original Principal Balance

State

Initial Lender ATR/QM Status

Loan Level ATR/QM Status

Initial Securitization Overall Loan Grade

Final Securitization Overall Loan Grade

Initial Securitization Credit Loan Grade

Final Securitization Credit Loan Grade

Initial Securitization Property Valuations Loan Grade

Final Securitization Property Valuations Loan Grade

Initial Securitization Compliance Loan Grade

Final Securitization Compliance Loan Grade

Initial S&P Overall Loan Grade

Final S&P Overall Loan Grade

Initial S&P Credit Loan Grade

Final S&P Credit Loan Grade

Initial S&P Property Valuations Loan Grade

Final S&P Property Valuations Loan Grade

Initial S&P Compliance Loan Grade

Final S&P Compliance Loan Grade

Condition Category

Condition Sub Category

Condition Status

Initial Securitization Condition Grade

Final Securitization Condition Grade

Initial S&P Condition Grade

Final S&P Condition Grade

Condition Code

Condition Description

Condition Material Indicator

Initial Comments

Client/Seller Response Comments

Conclusion Comments

TRID Error Type

Cure Method

Compensating Factors

409011483

XXXXXX

QM: Safe Harbor (APOR)

Compliance

Borrower's Interest

Satisfied

CMPBI1616

XXXX Borrower Interest; Worksheet not properly dated

XXXX Borrower Interest Worksheet in file is not dated/ acknowledged by borrower

XXX Client provided XXX. Determination of Borrowers Interest XXX

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements

- xxx Comments: LTV of XXXis lower than guideline max LTV of XXX

CFCFS1744: DTI below guideline requirement

- xxx Comments: DTI of XXX is below guideline max

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Verified post close reserves of XXX required reserves XXX

409011483

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID3670

TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation

Inspection fee XXX added on the final CD XXX without a valid reason for the change on COC XXX. Both Appraisals, done in XXX, came back as "Subject to". Inspection fee was not disclosed till final CD XXX. Inspection was not disclosed timely. . Condition is pending receiving PCD reflecting lenders cure, LOE to borrower, a copy of refund and proof of delivery via shipping that includes tracking information.

XXX Client provided 2 copies of an XXX PCCD with XXX Lender Credit for tolerance cure and an LOE to borrower. Condition remains. Provide a copy of the XXX check and proof of shipment that includes tracking information.XXX Client provided duplicate copies of XXX PCCD's along with the XXX check. Condition remains for the proof of shipment that includes Tracking.XXX Client provided the shipping label and proof of shipment.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements

- xxx Comments: LTV of XXXis lower than guideline max LTV of XXX

CFCFS1744: DTI below guideline requirement

- xxx Comments: DTI of XXX is below guideline max

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Verified post close reserves of XXX required reserves XXX

409012814

XXXXXX

QM: Safe Harbor (APOR)

Credit

Application

Satisfied

CRDAPP1813

Undisclosed non-arm's length transaction

Page one of appraisal states: 'Non-arms length sale'.Provide Borrower LOE stating relationship for NAL.Subject to full review and may be subject to additional conditions.

XXX Client provided borrower LOX email stating do not know anyone in the transaction. Response, the initial condition is per the appraiser statement on pg 1 of appraisal stating this is Non-arms length sale, with LOX from borrower no relationship unknown appraiser data stating as non-arms length sale. Condition remains for appraiser comment on stating non-arms length sale. XXX Client provided updated appraisal reflecting as Arms length transaction

Condition satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

CFCFS1739: Postive mortgage payment history

- xxx Comments: XXX x XXX for XXX months

409013618

XXXXXX

QM: Safe Harbor (APOR)

Property Valuations

Property

Waived

PRVAPROP177

Property Issues Indicated

Subject property is listed for sale, ineligible per guidelines Appraiser states currently active

XXX Client provided exception approval for subject property was listed, ineligible per guidelines.

Upon further review by Senior Underwriter, exception is deemed non-material. Exception approved, B Grade with compensating factors: verified reserves XX months with fico score XXX and DTI XXX

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX DTI below guideline requirement of XXX.

CFCFS5269: Minimal use of credit

- xxx Comments: Borrower is a very conservative credit user with minimal outstanding debt.

409013631

XXXXXX

QM: Safe Harbor (APOR)

Compliance

Ability to Repay/Qualified Mortgage

Satisfied

CMPATRQM3220

TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; the loan file is missing documents to complete the ATR/QM review and render an accurate ATR/QM status.

Missing evidence to verify full PITIA payments for Primary residence, including hoa if applicable or evidence/statement from borrower that the REO is not in an HOA.

XXX Client provided the mortgage statement with escrow for Tax and Ins; and DD redfin search show no HOA property is SFR

Satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX% LTV; max XXX%.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qual score; min XXX.

409013631

XXXXXX

QM: Safe Harbor (APOR)

Compliance

RESPA

Satisfied

CMPRESPA863

RESPA: Required Affiliate Business Disclosure missing

Required Affiliate Business Disclosure or FACTS not in file

XXX Client provided an attestation from Lender stating they have no affiliate relationships.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX% LTV; max XXX%.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qual score; min XXX.

409013631

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

Not all required seller-paid fees were disclosed on the final CD. Seller's CD in file and able to trace all fees, exception is satisfied

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX% LTV; max XXX%.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qual score; min XXX.

409013631

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID3626

TRID - CD: Loan consummated before end of waiting period

Initial CD XXX is not signed by borrower nor evidence found in file of borrower's receipt. Condition is pending receiving borrower's acknowledgment min XXX days prior to closing date.

XXX Client provided the missing XXX Initial CD.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX% LTV; max XXX%.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qual score; min XXX.

409013631

XXXXXX

QM: Safe Harbor (APOR)

Credit

Assets

Satisfied

CRDAST3036

Assets reflect unsourced deposits

Provide account statements required for sources of large deposits over $XXX into accounts being used for funds required for emd, cash to close and reserves; $XXX gift funds deposited (as reflected on Final 1003 also need to be sufficiently sourced in accordance to the XXX AUS Program and XXX Seller guides).

XXX Client provided statements to source large deposits

Satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX% LTV; max XXX%.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qual score; min XXX.

409013631

XXXXXX

QM: Safe Harbor (APOR)

Credit

Assets

Satisfied

CRDAST3078

Insufficient # of months cash reserves for PITI per guideline requirements

Missing an additional $XXX in borrower funds to meet the XXX AUS program reserves requirement; $XXX reserves; $XXX * XXX + REO $XXX * XXX= $XXX reserves required.

XXX Client provided additional asset accounts

Satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX% LTV; max XXX%.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qual score; min XXX.

409013631

XXXXXX

QM: Safe Harbor (APOR)

Credit

Assets

Satisfied

CRDAST2670

Asset documentation is insufficient per guideline requirements

Missing full XXX months of all depository account statements needed to verify all funds required to close including emd; transaction histories provided only account for dates from XXX thru XXX and XXX thru XXX.Missing Gift Letter

XXX client provided additional asset statements

Satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX% LTV; max XXX%.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qual score; min XXX.

409013631

XXXXXX

QM: Safe Harbor (APOR)

Credit

DTI

Satisfied

CRDDTI2540

Missing verification of some or all components of non-subject PITI

Missing evidence to verify full PITIA payments for Primary residence, including hoa if applicable or evidence/statement from borrower that the REO is not in an HOA.

XXX Client provided the mortgage statement to confirm PITI, and DD search shows no HOA

satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX% LTV; max XXX%.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qual score; min XXX.

409013631

XXXXXX

QM: Safe Harbor (APOR)

Credit

Income/Employment

Satisfied

CRDINC3204

Income Documentation Missing

Missing lender's income calculation required for income analysis.

XXX Client provided the income calculation form

Satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX% LTV; max XXX%.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qual score; min XXX.

409013631

XXXXXX

QM: Safe Harbor (APOR)

Credit

Terms/Guidelines

Satisfied

CRDTER146

Missing lender's loan approval/underwriting form

Provide rerun/updated DU reflecting actual appraisal value of $XXX; DU provided is listing the sale price of $XXX.

XXX Client provided updated DUAE with corrected appraised value $XXX

Satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX% LTV; max XXX%.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qual score; min XXX.

409013631

XXXXXX

QM: Safe Harbor (APOR)

Property Valuations

Appraisal

Satisfied

PRVAAPPR101

Appraisal incomplete (missing map, layout, pages, etc)

Appraisal scan is insufficient/incomplete as the bottom of all pages are not visible; Provide subject appraisal with all pages fully scanned and containing all relevant data, including subject property photos.

XXX Client provided the full appraisal

Satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX% LTV; max XXX%.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qual score; min XXX.

409013917

XXXXXX

QM: Safe Harbor (APOR)

Credit

DTI

Satisfied

CRDDTI2540

Missing verification of some or all components of non-subject PITI

Missing evidence of PITI for XXX XXX XXX used $XXX

XXX Client provided the mortgage statement confirming PITIA of $XXX

Satisfied

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement

- xxx Comments: DTI XXX %

CFCFS1734: Borrower has significant time at current job

- xxx Comments: Borrower at current employment XXX years

409013956

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

Seller fees were able to be sourced from the sellers CD document. Consistent with the XXX we are satisfying to 1/A.

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1734: Borrower has significant time at current job

- xxx Comments: XXX years XXX months at current job

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Assets verified for reserves $XXX or XXX months PITI and required is XXX months PITI and XXX months for 3 financed REOS

409013956

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID3676

TRID - CD: Ten percent tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation.

XXX percent tolerance in amount of $XXX due to increased Recording fee on LE XXX with no valid reasons documented on COC XXX. Condition is pending receiving a valid Change of Circumstances or PCD reflecting lenders cure, LOE to borrower, a copy of refund and proof of delivery via shipping that includes tracking information.

06/04/25 Client provided a XXX PCCD with cure, $XXX refund check, LOE and proof of shipment.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job

- xxx Comments: XXX years XXX months at current job

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Assets verified for reserves $XXX or XXX months PITI and required is XXX months PITI and XXX months for 3 financed REOS

409013956

XXXXXX

QM: Safe Harbor (APOR)

Credit

Income/Employment

Satisfied

CRDINC888

Income Amount is Unsupported by Documentation in File

RSU income used to Qualify file has current stock price prior to close; Provide RSU calculation meeting GLs and Future vesting using lower of Stock price or XXX week avg stock price used to qualify; also missing XXX average stock price documentation

5/28 Client provided XXX week avg Stock price and RSU income WS

Satisfied

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job

- xxx Comments: XXX years XXX months at current job

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Assets verified for reserves $XXX or XXX months PITI and required is XXX months PITI and XXX months for x financed REOS

409014270

XXXXXX

QM: Safe Harbor (APOR)

CFCFS1739: Postive mortgage payment history

- xxx Comments: Borrowers have XXX months XXX x XXX on current mortgage

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX % DTI

409014919

XXXXXX

QM: Safe Harbor (APOR)

Compliance

Documentation

Satisfied

CMPDOC2500

Some funds escrowed based on written agreement for completion of improvements to property

File has an approved exception for closing with an escrow hold back for landscaping $XXX; Exception is pending Missing signed escrow holdback agreement with evidence of funds held, no evidence of Hold back on HUD

XXX Client provided LOX stating escrow hold back reflected on CD. Response, Agree. In addition, Client provided executed copy of Escrow hold back agreement for repairs (was in file). XXX Client provided exception approval for missing evidence of release of escrow Holdback funds XXX Client provided release of escrowed funds

Satisfied

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job

- xxx Comments: XXX years at current job

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX score exceeds XXX min

409014919

XXXXXX

QM: Safe Harbor (APOR)

Compliance

RESPA

Satisfied

CMPRESPA863

RESPA: Required Affiliate Business Disclosure missing

The file does not contain a copy of the Affiliate Business Disclosure.

XXX Client provided a signed attestation from Lender stating as of XXX they do not have any affiliates.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job

- xxx Comments: XXX years at current job

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX score exceeds XXX min

409014919

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

Not all required seller-paid fees were disclosed on the final CD. Seller's CD in file and able to trace all fees, exception is satisfied

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1734: Borrower has significant time at current job

- xxx Comments: XXX years at current job

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX score exceeds XXX min

409014919

XXXXXX

QM: Safe Harbor (APOR)

Property Valuations

Appraisal

Satisfied

PRVAAPPR275

Completed "Subject To" w/o Completion Cert in File

1004D in file subject to completion of Landscaping; provide 1004D with all items completed

XXX Client provided exception approval for missing 1004D for completion of Landscaping work being completedXXX Client provided a 1004D showing all items are completed

Satisfied

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job

- xxx Comments: XXX years at current job

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX score exceeds XXX min

409014946

XXXXXX

QM: Safe Harbor (APOR)

Compliance

RESPA

Satisfied

CMPRESPA863

RESPA: Required Affiliate Business Disclosure missing

Required Affiliate Business Disclosure or FACTS disclosure is missing in file

XXX Client provided a signed LOE from Lender stating they do not have any affiliated business arrangements use on any mortgage transaction.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job

- xxx Comments: B1 has XXX years at current job.

CFCFS1735: Co-Borrower has significant time at current job

- xxx Comments: B2 has XXX years XXX months at current job.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Post close assets $XXX exceed required reserves $XXX.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Representative score XXX exceeds XXX.

409014996

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

Seller fees and Realtor Commission fees listed on Seller CD but not Borrower final CD. As the fees are at least reflected there is no material issue. This exception is informational per xxx Compliance department and TRID 2.0 revisions. Exception satisfied. Final Grade A.

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score; xxx required.

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX DTI; XXX max allowed.

409014996

XXXXXX

QM: Safe Harbor (APOR)

Credit

Assets

Waived

CRDAST3078

Insufficient # of months cash reserves for PITI per guideline requirements

Verified reserves of XXX or XXX months PITI; XXX or 12 months required.

XXX Client provided duplicate statements reviewed with file Verified reserves remain of XXX or XXX months PITI; XXX or 12 months required.XXX Client provided exception approval for short reserves, verified reserves XXX months and required reserves needed are 12 months

Upon further review by Senior Underwriter, exception is deemed non-material. Exception approved, B Grade with compensating factors: DTI XXX and fico score XXX

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score; xxx required.

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX DTI; XXX max allowed.

409015059

XXXXXX

QM: Safe Harbor (APOR)

Compliance

Ability to Repay/Qualified Mortgage

Satisfied

CMPATRQM3220

TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; the loan file is missing documents to complete the ATR/QM review and render an accurate ATR/QM status.

Determine status upon review / receipt of B2 VOE clarification of Bonus

XXX Client provided employer LOX email stating unfortunately we not able to confirm future bonuses, however since you have provided a TM release, all we can do is provide paystub which show res/perf or FY bonus details in the earnings section. Response, appears the Res/Perf is not RSU, appears to be a restricted performance bonus for B2 and provided SOS dated XXX for B1

Condition satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

CFCFS1735: Co-Borrower has significant time at current job

- xxx Comments: At job since XXX

409015059

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID3640

TRID - CD: Zero tolerance fee or fees increased at or prior to closing without a valid reason or the revised LE/CD was not timely disclosed; insufficient credit or refund provided

Zero tolerance in amount of $XXX due to added Extension fee $XXX on CD XXX with no Rate Lock extension or COC in file, increased Appraisal Inspection fee by $XXX on CD XXX with no COC, increased Appraisal fee by $XXX on CD XXX and increased Transfer Taxes by $XXX on CD XXX with no COC. Lender's credit of $XXX for tolerance cure is not sufficient. Condition is pending receiving a valid Change of Circumstances or PCD reflecting lenders cure, LOE to borrower, a copy of refund for $XXX and proof of delivery via shipping that includes tracking information

XXX Client provided the missing XXX COC for the Lock Extension. Re-testing still results in a Zero Tolerance violation of $XXX for the $XXX Appraisal increase, $XXX Inspection increase and $XXX Transfer Tax increase. The cure of $XXX at Closing is not sufficient. Borrower is due an additional $XXX refund, PCCD with increased tolerance cure, LOE and proof of delivery.XXX Client provided a COC reflecting Additional final inspection fee added along with an email commenting they redisclosed for the additional final inspection fee. Condition remains. Provide a valid reason why the additional final fee was added after the fact or PCCD with additional $XXX cure, copy of cure check, LOE to Borrower and evidence of shipment. XXX Client provided an email reflecting final was ordered in July. Due to report coming back at XXX% completion. Supporting documents Inspection XXX XXX% complete and final 1004D dated XXX received PC reflecting completion.

Condition Satisfied.

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

CFCFS1735: Co-Borrower has significant time at current job

- xxx Comments: At job since XXX

409015059

XXXXXX

QM: Safe Harbor (APOR)

Credit

Income/Employment

Satisfied

CRDINC2496

Verbal verification of employment completed outside the stated requirements and/or after closing/funding

B1 VOE is missing reference Printout of valid, active business registration from regulatory website; required third party verification of 1120s employment.Please provide, meeting guidelines.May be subject to additional conditions upon review.

XXX Client provided SOS dated XXX for B1 self employment

Condition satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

CFCFS1735: Co-Borrower has significant time at current job

- xxx Comments: At job since XXX

409015059

XXXXXX

QM: Safe Harbor (APOR)

Credit

Income/Employment

Satisfied

CRDINC150

Income docs do not meet guidelines

BXX employer to confirm in writing 'Res/Perf' on paystubs, is truly a Bonus and not RSU, etc.This was used by Lender in Bonus calc along with 'FY Bonus'.Subject to income recalc and may be subject to additional conditions upon review.

Condition satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

CFCFS1735: Co-Borrower has significant time at current job

- xxx Comments: At job since XXX

409015059

XXXXXX

QM: Safe Harbor (APOR)

Property Valuations

Appraisal

Satisfied

PRVAAPPR275

Completed "Subject To" w/o Completion Cert in File

Provide updated 1004d / completion report, due to the 1004d /completion report in file stating:"HAVE THE IMPROVEMENTS BEEN COMPLETED IN ACCORDANCE WITH THE REQUIREMENTS AND CONDITIONS STATED IN THE ORIGINAL APPRAISAL REPORT? No. If No, describe any impact on the opinion of market value.The subject is approximately XXX% complete.Items left to be completed include: railings, patio door secured, painting, ceiling beam, fixtures, carpeting, etc. I have performed appraisal services regarding the property that is the subject of this report, within the three-year period immediately preceding acceptance of this assignment." May be subject to additional conditions upon review.

XXX Client provided updated 1004D with the railings, patio doors were secured, painting, ceiling beam, fixtures, and carpeting all were finished

Condition satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

CFCFS1735: Co-Borrower has significant time at current job

- xxx Comments: At job since XXX

409015199

XXXXXX

QM: Safe Harbor (APOR)

Compliance

Ability to Repay/Qualified Mortgage

Satisfied

CMPATRQM3220

TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; the loan file is missing documents to complete the ATR/QM review and render an accurate ATR/QM status.

Determine status upon review / receipt of missing VOES

XXX Client provided lender VVOE for: XXX, XXX, XXX, XXX along with SOS however SOS/VVOE was not provided for XXX. (main primary income). Condition remains for SOS/VVOE for self employment w/XXX. XXX Client provided a employment VVOE : Borrower is XXX provide a valid 3rd party VOEXXX Client provided an approved exception for VVOE

Satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Reserves sourced:Months PITI Reserves (Qual Rate)XXXCash Reserves$XXXExceeds requirements.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

409015199

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

Seller fees listed on Seller CD but not Borrower final CD. As the fees are at least reflected there is no material issue. This exception is informational per xxx Compliance department and TRID 2.0 revisions. Exception satisfied. Final Grade A.

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Reserves sourced:Months PITI Reserves (Qual Rate)XXXCash Reserves$XXXExceeds requirements.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

409015199

XXXXXX

QM: Safe Harbor (APOR)

Credit

Income/Employment

Satisfied

CRDINC2488

Verbal verification of employment missing

For all positive XXX income sources used to qualify, provide third party VOES meeting guidelines.May be subject to additional conditions upon review.

8.29.2025 Client provided lender VVOE for: XXX, XXX, XXX, XXX along with SOS however SOS/VVOE was not provided for XXX(main primary income). Condition remains for SOS/VVOE for self employment w/XXX. XXX Client provided a employment VVOE : Borrower is XXX provide a valid 3rd party VOEXXX Client provided an approved exception to allow the file with a direct VVOE for XXX Borrower

Upon review by xxx Senior Underwriter, Condition is a Non Material B grade; Borrower credit score exceeds min required

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Reserves sourced:Months PITI Reserves (Qual Rate)XXXCash Reserves$XXXExceeds requirements.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

409015199

XXXXXX

QM: Safe Harbor (APOR)

Credit

Terms/Guidelines

Satisfied

CRDTER3490

Missing Patriot Act form

Provide third party executed Patriot Act form for both Borrowers

XXX Client provided executed XXX patriot act for both borrowers

Condition satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Reserves sourced:Months PITI Reserves (Qual Rate)XXXCash Reserves$XXXExceeds requirements.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

409015453

XXXXXX

QM: Safe Harbor (APOR)

Compliance

Ability to Repay/Qualified Mortgage

Satisfied

CMPATRQM3220

TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; the loan file is missing documents to complete the ATR/QM review and render an accurate ATR/QM status.

Loan subject to Ability to Repay/Qualified Mortgage rule; the loan file is missing documents to complete the ATR/QM review and render an accurate ATR/QM status.Provide documentation for $XXX/month Pension for B1

XXX Client provided Mavent however this condition is due to missing income documentation for B1; missing pension. Condition remains XXX Client provided supporting docs for pension

Satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Reserves: $XXX or XXX months PITI

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX % LTV

409015453

XXXXXX

QM: Safe Harbor (APOR)

Credit

Income/Employment

Satisfied

CRDINC888

Income Amount is Unsupported by Documentation in File

Provide documentation for $XXX/month Pension for B1

XXX Client provided duplicate statements #XXX and #XXX (in file) however unable to determine the $XXX month pension for B1; condition remains for evidence of monthly pension of $XXX (calculation) that is being used from these accounts. XXX Client provided the same bank statements condition remains for evidence of monthly pension of $XXX (calculation) that is being used from these accounts. XXX Client provided calculation of distributions using Min distributions / XXX for each account with supporting statements

Satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Reserves: $XXX or XXX months PITI

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX % LTV

409015497

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

Seller fees were able to be sourced from the sellers CD document. Consistent with the XXX we are satisfying to 1/A.

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score; XXX required.

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX% DTI; XXX% max allowed.

409015497

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID3640

TRID - CD: Zero tolerance fee or fees increased at or prior to closing without a valid reason or the revised LE/CD was not timely disclosed; insufficient credit or refund provided

Zero tolerance in amount of $XXX due to increase in Appraisal fee by $XXX on LE XXX and increase in Credit Report fee by $XXX on CD XXX with no valid COC in file to support it. Lender's credit for tolerance cure $XXX is not sufficient enough to cover it. Condition is pending receiving PCD reflecting lenders cure, LOE to borrower, a copy of refund for $XXX

XXX Client provided the missing XXX COC and a XXX CD Revision Form indicating part of the Lender Cure included the $XXX cost to cure the Credit Report Fee. Condition remains. The XXX COC does not reflect a valid COC Reason for the increased Appraisal Fee. Borrower is due a $XXX refund for this increase. Provide a $XXX refund, PCCD with cure, LOE and proof of delivery that includes tracking information.XXX Client requested clarification. Condition remains. There was no valid reason given for the increase of the Appraisal fee on COC XXX. The other COC XXX reflects that of the $XXX cure, $XXX was for the credit report and the $XXX was for a Title Settlement Agent fee. The Appraisal fee remains for a $XXX refund.XXX Client requested review stating the Appraisal fee was $XXX on all Disclosures. Condition remains. Initial CD XXX in file reflects an Appraisal fee of $XXX. XXX Client provided COC XXX, COC XXX with Duplicate LE XXX. Condition remains, COC does not state a reason for the increase or that it is included in the cure amount. Previous COC's reflected the cure was for $XXX- Credit report and $XXX Title fee Total $XXX.XXX Client provided PCCD XXX with no $XXX credit listed, LOE and Loan Transaction history reflecting Principal was applied XXX.

Condition Satisfied.

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score; XXX required.

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX% DTI; XXX% max allowed.

409015505

XXXXXX

QM: Safe Harbor (APOR)

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: High Credit XXX Guidelines allow xxx

CFCFS2860: Good credit history

- xxx Comments: Borrower Has history of Good credit with 0 Late Payments > xxx Months

CFCFS1740: Mortgage payment history exceeds guidelines

- xxx Comments: Borrower Has Good Mortgage payment history with 0 Late Payments > xx Months

409015554

XXXXXX

QM: Safe Harbor (APOR)

Compliance

RESPA

Satisfied

CMPRESPA863

RESPA: Required Affiliate Business Disclosure missing

Affiliate Business Disclosure / FACTS sheet missing in file.

XXX Client provided a signed LOE from Lender stating they have no affiliate businesses.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: High Credit XXX Guidelines allow XXX

CFCFS2854: Significant time in profession

- xxx Comments: Borrower has XXX Years in Current Profession

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Post Close Assets are $XXX or XXX months of PITIA Guidelines require XXX months or $XXX X XXX = $XXX

409015616

XXXXXX

QM: Safe Harbor (APOR)

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Reserves XXX or xxx months

CFCFS1744: DTI below guideline requirement

- xxx Comments: DTI XXX

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Qualifying credit score XXX

409015703

XXXXXX

QM: Safe Harbor (APOR)

Credit

Terms/Guidelines

Satisfied

CRDTER109

Cash Out Amount Exceeds Guidelines

The subject transaction XXX LTV allows a maximum cash-out XXX; Borrower received XXX. XXX guidelines for Unlimited Cash-Out, requires a maximum XXX LTV or cashout limit of XXX

XXX Client provided a lock changing the file to XXX AUS; XXX Cash out is allowed per DU

Satisfied

(No Data)

Not Applicable

CFCFS1740: Mortgage payment history exceeds guidelines

- xxx Comments: xxx months with 0x30 Mortgage payment history exceeds guidelines of xxx months.

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX DTI below guideline requirement of XXX

409015743

XXXXXX

QM: Safe Harbor (APOR)

CFCFS1744: DTI below guideline requirement

- xxx Comments: DTI XXX

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Qualifying credit score XXX

409015915

XXXXXX

QM: Safe Harbor (APOR)

CFCFS1734: Borrower has significant time at current job

- xxx Comments: Borrower has been with current employer since XXX.

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX LTV is XXX below the maximum allowable LTV of XXX

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Credit score of XXX is XXX points above the minimum required score of xxx.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Borrowers have XXX months of PITI available in reserves; XXX months required.

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX DTI is below the maximum allowed DTI of XXX.

409015938

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

Not all required seller-paid fees were disclosed on the final CD. Seller's CD in file and able to trace all fees, exception is satisfied

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: High Credit XXX Guidelines allow xxx

CFCFS2854: Significant time in profession

- xxx Comments: Borrower has XXX Years in Current Profession

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Post Close Assets are XXX or xxx months of PITIA.Guidelines require 6 months or XXX X 6 = XXX

409016290

XXXXXX

QM: Safe Harbor (APOR)

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score; XXX required.

CFCFS1734: Borrower has significant time at current job

- xxx Comments: XXX years, XXX months at current job.

409016342

XXXXXX

QM: Safe Harbor (APOR)

Compliance

RESPA

Waived

CMPRESPA2700

RESPA - List of homeowners counseling organizations not provided w/in 3 days of application

HCOL in file is dated XXX; application date is XXX - not provided within XXX days of application

XXX Client provided an approved exception for list not provided within XXX days of application

XXXX Initial and final grade 2/B

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Qualifying credit score of XXX exceeds guideline minimum credit score of XXX.

CFCFS1734: Borrower has significant time at current job

- xxx Comments: Borrowers have XXX, and XXX years with current employers.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Post close reserves verified at $ XXX, required reserves are $ XXX.

409016348

XXXXXX

QM: Safe Harbor (APOR)

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX% LTV; max XXX%.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: $XXX reserves; $XXX*12= $XXX reserves required.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qual score; min xxx.

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX% DTI; max XXX%.

409016365

XXXXXX

QM: Safe Harbor (APOR)

Compliance

Ability to Repay/Qualified Mortgage

Satisfied

CMPATRQM3220

TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; the loan file is missing documents to complete the ATR/QM review and render an accurate ATR/QM status.

Missing most recent XXX years of W2s for borrower's primary XXX income source to verify compensation to officers being used to calculate income.

XXX Client provided the W2s

Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qual score; min xxx.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: XXX effective/reserves; XXX*15 + REO XXX*3= XXX reserves required.

CFCFS2854: Significant time in profession

- xxx Comments: Borrower has been in the same profession for XXX years.

409016365

XXXXXX

QM: Safe Harbor (APOR)

Credit

Credit/Mtg History

Satisfied

CRDCRMH193

Length of mortgage/rental history in file does not meet guideline requirement

Missing mortgage payment history for REO at XXX reflecting 0x30 in the past XXX months; unable to determine when property was acquired. The property is partially encircled by subject property, being open to XXX.

XXX Client provided mortgage payment history from XXX for REO property: XXX and per payment history due to being commercial we do not report to the credit bureau

Condition satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qual score; min xxx.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: XXX effective/reserves; XXX*15 + REO XXX*3= XXX reserves required.

CFCFS2854: Significant time in profession

- xxx Comments: Borrower has been in the same profession for XXX years.

409016365

XXXXXX

QM: Safe Harbor (APOR)

Credit

Income/Employment

Satisfied

CRDINC2408

Income verification does not meet guidelines

Missing most recent XXX years of W2s for borrower's primary XXX ncome source to verify compensation to officers being used to calculate income.

XXX Client provided the XXX W2s

Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qual score; min xxx.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: XXX effective/reserves; XXX*15 + REO XXX*3= XXX reserves required.

CFCFS2854: Significant time in profession

- xxx Comments: Borrower has been in the same profession for XXX years.

409016365

XXXXXX

QM: Safe Harbor (APOR)

Credit

Income/Employment

Satisfied

CRDINC3204

Income Documentation Missing

Missing lender's XXX form 1084 or equivalent for review's XXX income analysis as required by XXX. Copy of liquidity analysis must be included in the loan file if the income analysis includes income from boxes 1, 2 or 3 on the K-1 that is greater than distributions indicated on the K-1. Once provided, review to verify income is still within tolerances and program parameters.

XXX Client provided Lender Cash Flow Income Analysis for XXX borrower supporting income used for qualifying

Condition satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qual score; min xxx.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: XXX effective/reserves; XXX*15 + REO XXX*3= XXX reserves required.

CFCFS2854: Significant time in profession

- xxx Comments: Borrower has been in the same profession for XXX years.

409016365

XXXXXX

QM: Safe Harbor (APOR)

Credit

Income/Employment

Waived

CRDINC2488

Verbal verification of employment missing

Missing verification of the existence of both of borrowers self-employments to be verified through a third-party source and be no more than thirty (30) calendar days prior to the Note date XXX. Third party verification can be from a CPA, regulatory agency or applicable licensing bureau. A borrowers website is not acceptable third-party source.

XXX Client provided SOS for XXX business however not dated. Condition remains for dated SOS supporting active business prior to closing. XXX Client provided Lender VVOE post close dated XXX stating called the business and spoke to an employee to verify the business is still open and active and provided a XXX search of business. Condition remains for acceptable 3rd party VVOE for XXX borrower, per guidelines. XXX Client provided an approved exception to allow the file with a post close dated valid business license

Upon review by xxx Senior Underwriter, Condition is a Non Material B grade; strong reserves, Borrower credit score exceeds min required

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qual score; min xxx.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: XXX effective/reserves; XXX*15 + REO XXX*3= XXX reserves required.

CFCFS2854: Significant time in profession

- xxx Comments: Borrower has been in the same profession for XXX years.

409016365

XXXXXX

QM: Safe Harbor (APOR)

Credit

Terms/Guidelines

Waived

CRDTER109

Cash Out Amount Exceeds Guidelines

XXX securitization cash out amount exceeds the XXX guideline max for XXX loan amount, XXX LTV and >XXX qual score (XXX); XXX cash in hand to borrower at closing plus XXX payoff of non-subject LOC to XXX.

XXX Client provided an approved exception to allow the file with cash out of XXX

xxx final grade B

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qual score; min xxx

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: XXX effective/reserves; XXX*15 + REO XXX*3= XXX reserves required.

CFCFS2854: Significant time in profession

- xxx Comments: Borrower has been in the same profession for XXX years.

409016365

XXXXXX

QM: Safe Harbor (APOR)

Credit

Title

Satisfied

CRDTIL100

Potential title issue

Missing evidence of release of deed of trust from XXX for original amount of XXX dated XXX for the portion of subject property conveyed to borrowers as reflected on title evidence.

XXX Client provided executed by Borrower requesting closure of HELOC w/ XXX upon receipt of payoff

Condition satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qual score; min xxx.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: XXX effective/reserves; XXX*15 + REO XXX*3= XXX reserves required.

CFCFS2854: Significant time in profession

- xxx Comments: Borrower has been in the same profession for XXX years.

409016365

XXXXXX

QM: Safe Harbor (APOR)

Property Valuations

Property

Waived

PRVAPROP177

Property Issues Indicated

Subject property is on XXX acres as reflected on the appraisal and property report; max is 40 acres under XXX Program.

XXX Client provided an approved exception to allow the file with XXX acres

Upon review by xxx Senior Underwriter, Condition is a Non Material B grade; strong reserves, Borrower credit score exceeds min required

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qual score; min xxx.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: XXX effective/reserves; XXX*15 + REO XXX*3= XXX reserves required.

CFCFS2854: Significant time in profession

- xxx Comments: Borrower has been in the same profession for XXX years.

409016521

XXXXXX

QM: Safe Harbor (APOR)

Compliance

Compliance Manual

Satisfied

CMPMAN2956

Missing disclosure

Missing signed Final CD XXX for Borrower (XXX), only borrower 2 (XXX) in file.

XXX Client provided the signed XXX Final CD for the Borrower.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX LTV; max XXX.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: XXX effective/reserves; XXX*6= XXX reserves required.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qual score; min xxx.

CFCFS1740: Mortgage payment history exceeds guidelines

- xxx Comments: xxmo. 0x30 mortgage payment history; 0x30x24 required.

409016592

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

Seller-paid fees that should be disclosed in Sections C, E, & H are not disclosed on Final CD XXX; Seller's CD in file & able to test; Condition Satisfied.

(No Data)

Condition Satisfied.

Numeric

Not Applicable

CFCFS1735: Co-Borrower has significant time at current job

- xxx Comments: Co-borrower has been with current employer since XXX.

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX LTV is XXX below the maximum allowable LTV of XXX.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Credit score of XXX is XXX points above the minimum required score of xxx.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Borrowers have XXX available in reserves; XXX in reserves required.

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX DTI is below the maximum allowed DTI of XXX.

409016592

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID3618

TRID - Corrected CD should have been provided; Change of Product or Product Feature not disclosed at least 3 business days prior to closing

Unable to test a loan product due to missing initial CD

XXX Client provided the missing XXX CD package.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1735: Co-Borrower has significant time at current job

- xxx Comments: Co-borrower has been with current employer since XXX.

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX LTV is XXX below the maximum allowable LTV of XXX.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Credit score of XXX is XXX points above the minimum required score of XXX.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Borrowers have XXX available in reserves; XXX in reserves required.

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX DTI is below the maximum allowed DTI of XXX.

409016592

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID3626

TRID - CD: Loan consummated before end of waiting period

Missing initial CD acknowledged by borrowers min 3 days prior to closing date.

XXX Client provided the missing XXX CD package.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1735: Co-Borrower has significant time at current job

- xxx Comments: Co-borrower has been with current employer since XXX.

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX LTV is XXX below the maximum allowable LTV of XXX.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Credit score of XXX is XXX points above the minimum required score of xxx.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Borrowers have XXX available in reserves; XXX in reserves required.

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX DTI is below the maximum allowed DTI of XXX.

409016654

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID3618

TRID - Corrected CD should have been provided; Change of Product or Product Feature not disclosed at least 3 business days prior to closing

Unable to test a loan product due to missing initial CD

XXX Client provided the Initial XXX CD and Tracking.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Qualifying credit score of XXX exceeds guideline minimum credit score of XXX.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Verified post close reserves are $XXX, required reserves XXX.

CFCFS1744: DTI below guideline requirement

409016654

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID3626

TRID - CD: Loan consummated before end of waiting period

CD XXX is the only CD in file. Missing initial CD acknowledged by all title holders min 3 days prior to closing date.

XXX Client provided the Initial XXX CD and Tracking.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Qualifying credit score of XXX exceeds guideline minimum credit score of xxx.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Verified post close reserves are $XXX, required reserves XXX.

CFCFS1744: DTI below guideline requirement

409016676

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: High Credit XXX Guidelines allow xxx

CFCFS2854: Significant time in profession

- xxx Comments: Borrower has XXX Years in Current Profession

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Post Close Assets are XXX or xxx months of PITIA.Guidelines require xxx months or XXX X 18 = XXX

409016676

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID3670

TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation

Zero tolerance in amount of XXX due to increase in Appraisal fee on final CD XXX with no valid reasons documented on COC XXX (Appraisal invoice in file issued and paid by borrower on XXX. Fee not disclosed timely) Condition is pending receiving PCD reflecting lenders cure, LOE to borrower, a copy of refund and proof of delivery via shipping that includes tracking information.

XXX Client provided a duplicate copy of the XXX COC in file. Condition remains. The COC does not provide a valid change in circumstance for the increased Appraisal Fee, and additionally the COC states invoice received XXX yet the Invoice in file was issued and paid on XXX - timing would not be met for redisclosure. Borrower is due a refund of XXX, PCCD with tolerance cure, LOE and proof of delivery with tracking.XXX Client provided an XXX PCCD, LOE, Tracking and payment history reflecting a XXX principal reduction for the cure.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: High Credit XXX Guidelines allow xxx

CFCFS2854: Significant time in profession

- xxx Comments: Borrower has XXX Years in Current Profession

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Post Close Assets are XXX or xxx months of PITIA.Guidelines require 18 months or XXX X 18 = XXX

409016681

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

Not all required seller-paid fees were disclosed on the final CD. Seller's CD in file and able to trace all fees, exception is satisfied.

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Qualifying credit score XXX

CFCFS1744: DTI below guideline requirement

- xxx Comments: DTI XXX

409016681

XXXXXX

QM: Safe Harbor (APOR)

Credit

Insurance

Satisfied

CRDINSR289

Insufficient Hazard Insurance Coverage

Missing RCE

XXX Client provided duplicate HOI policy in file however policy reflect dwelling coverage of XXX (unclear of this figure), provide updated correct HOI policy with verified dwelling coverage. XXX Client provided corrected Binder with sufficient coverage

Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Qualifying credit score XXX

CFCFS1744: DTI below guideline requirement

- xxx Comments: DTI XXX

409016690

XXXXXX

QM: Safe Harbor (APOR)

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score; xxx required.

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX DTI; XXX max allowed.

409016713

XXXXXX

QM: Safe Harbor (APOR)

Compliance

Compliance Manual

Satisfied

CMPMAN2956

Missing disclosure

Disclosure Tracking Details in file indicates LE XXX was issued and delivered to borrower but is missing in file.

XXX Client provided the missing XXX LE.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qual score; min XXX.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: $XXX reserves; $XXX reserves required by DU.

CFCFS2854: Significant time in profession

- xxx Comments: Borrower has been in the same profession for XXX years.

409016713

XXXXXX

QM: Safe Harbor (APOR)

Credit

LTV/CLTV

Waived

CRDLTV3026

LTV Exceeds Guideline Requirement by at least 5%, but less than 10%

XXX% LTV exceeds the XXX% max for Agency Program guides.

XXX Client provided exception approval for LTV XXX% exceeding guidelines maximum of XXX%

Upon further review by Senior Underwriter, exception is deemed non-material. Exception approved, B Grade with compensating factors: reserves of XXX with fico score XXX and having significant time in profession XXX years

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qual score; min XXX.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: $XXX reserves; $XXX reserves required by DU.

CFCFS2854: Significant time in profession

- xxx Comments: Borrower has been in the same profession for XXX years.

409016713

XXXXXX

QM: Safe Harbor (APOR)

Property Valuations

Appraisal

Satisfied

PRVAAPPR3116

Missing updated valuation

Missing CDA supporting $XXX appraisal value due to CU Score XXX.

XXX Client provided 3rd party CDA with Value: Indeterminate. Condition remains for Field Review to support value XXX Client provided XXXl AVM dated XXX supporting value with FSD XXX and Confidence XXX%

Condition satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qual score; min XXX.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: $XXX reserves; $XXX reserves required by DU.

CFCFS2854: Significant time in profession

- xxx Comments: Borrower has been in the same profession for XXX years.

409016727

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5043

TRID - CD: The Escrow Payment disclosed in at least one column of the Projected Payments section of the Final Closing Disclosure does not match the Escrow Payment that xxx calculates.

Final CD XXX, section Projected Payments on page 1 - indication that borrower will have escrow account. On page 4 section Escrow Account - missing amounts for Annual and Initial escrows. Condition is pending receiving corrected PCD with LOE to borrower.

XXX Client provided an XXX PCCD with correction, LOE, COC and delivery.

Condition Satisfied.

Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX% CLTV below guideline requirements of XXX% per program.

CFCFS1740: Mortgage payment history exceeds guidelines

- xxx Comments: XXX months with XXX x XXX Mortgage payment history exceeds guidelines of XXX months.

409016727

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5741

TRID - CD: In the CD Escrow section, You will have an escrow account is indicated, but any of the Escrowed Property Costs or Escrow Payment = $0 or Null

The Projected Payments section of the Final Closing Disclosure: XXX reflects $XXX for monthly escrows, Section G does not contain any Escrow information.

XXX Client provided an XXX PCCD with correction, LOE, COC and delivery.

Condition Satisfied.

Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX% CLTV below guideline requirements of XXX% per program.

CFCFS1740: Mortgage payment history exceeds guidelines

- xxx Comments: XXX months with XXX x XXX Mortgage payment history exceeds guidelines of XXX months.

409016727

XXXXXX

QM: Safe Harbor (APOR)

Credit

Income/Employment

Satisfied

CRDINC3204

Income Documentation Missing

Letter from Fidelity Investment verifies a $XXX IRA automatic withdrawal plan effective XXX XXX, XXX from account#XXX. Missing verification of source, XXX account#XXX, to validate sufficient assets to cover $XXX monthly withdrawals for a minimum of XXX years.

XXX Client provided an Email and supporting docs showing the Borrower has Sufficient IRA balance at XXX XXl to support the XXX monthly distribution and Client also provided evidence the XXX distribution is linked too the MM account

Satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX% CLTV below guideline requirements of XXX% per program.

CFCFS1740: Mortgage payment history exceeds guidelines

- xxx Comments: XXX months with XXX x XXX Mortgage payment history exceeds guidelines of XXX months.

409016727

XXXXXX

QM: Safe Harbor (APOR)

Credit

Terms/Guidelines

Waived

CRDTER4631

Loan parameters do not meet guidelines

Loan is a XXX transaction. XXX XXX guidelines indicate XXX Products are ineligible.

XXX Client provided an approved exception to allow the file with XXX loan

Upon review by xxx Senior Underwriter, Condition is a Non Material B grade; LTV below GLs, Borrower credit score exceeds min required

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX% CLTV below guideline requirements of XXX% per program.

CFCFS1740: Mortgage payment history exceeds guidelines

- xxx Comments: XXX months with XXX x XXX Mortgage payment history exceeds guidelines of XXX months.

409016727

XXXXXX

QM: Safe Harbor (APOR)

Property Valuations

Appraisal

Satisfied

PRVAAPPR3116

Missing updated valuation

FNMA UCDP CU Score > XXX. Missing CDA supporting appraised value $XXX with a XXX% variance.

XXX Client provided a CDA supporting the appraised value with a XXX% variance

Satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX% CLTV below guideline requirements of XXX% per program.

CFCFS1740: Mortgage payment history exceeds guidelines

- xxx Comments: XXX months with XXX x XXX Mortgage payment history exceeds guidelines of XXX months.

409016764

XXXXXX

QM: Safe Harbor (APOR)

Compliance

Ability to Repay/Qualified Mortgage

Satisfied

CMPATRQM3220

TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; the loan file is missing documents to complete the ATR/QM review and render an accurate ATR/QM status.

1. Missing complete copy 2021 1040. Missing statement 1 referenced on Schedule E. Provide complete copy for review.2. Missing complete copy of 2021 1120S for XXX. Missing statement 1 that itemizes other deductions. 3. Missing verification to clarify percent of ownership for both B1/B2 for both XXX and XXX. The K1s provided for both entities for both 2022/2021 were issued jointly to both B1/B2. No documentation in file identifies percent that each owns.4. Provide documentation to verify subject property tax on improved property. Property taxes verified in file are prior to construction revisions to subject property. Documentation to support $XXX per month used to qualify.5. Missing borrower letter of explanation or other satisfactory documentation to support no HOA expense on XXX as qualified with.6. Missing fully executed settlement statement from borrowers purchase of subject property in XXX. Settlement statement to support no mortgage financing used to obtain the subject property. the source of funds used for the purchase needs to be documented. If the source of funds used to acquire the subject property was a unsecured or secured loan the terms of the loan must be disclosed.

XXX Client provided exception approval for #1, 2 and #4 and #3 no issue and #5 and #6 are still outstanding, condition remains for documentation requested as a condition for #5, 6 8/27 Client provided an exception to allow without the HUD for #6 and also provided XXX search for HOA expense on XXX

Satisfied

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job

- xxx Comments: B1 XXX with XXX years XXX months at current job.

CFCFS1736: Significant time at current residence

- xxx Comments: Borrowers have XXX years at current residence.

CFCFS1735: Co-Borrower has significant time at current job

- xxx Comments: B2 XXX with XXX years at current job.

CFCFS1739: Postive mortgage payment history

- xxx Comments: Mortgage history reports XXX mos. XXX x XXX with previous mortgage reporting XXX mos. XXX x XXX.

409016764

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID3952

TRID - CD: The CD Projected Payments section and the CD Loan Disclosures section are not consistent in regards to whether or not an escrow account will be established

Final CD XXX, Projected Payments section indicates Escrow Acct after XXX Yr IO vs. Loan Disclosures section indicates no Escrow Acct. Condition is pending receiving corrected PCD and LOE to borrower.

XXX Client provided an 8/1 PCCD with correction, LOE, COC and delivery.

Condition Satisfied.

Non-Numeric

Not Applicable

CFCFS1734: Borrower has significant time at current job

- xxx Comments: B1 XXX with XXX years XXX months at current job.

CFCFS1736: Significant time at current residence

- xxx Comments: Borrowers have XXX years at current residence.

CFCFS1735: Co-Borrower has significant time at current job

- xxx Comments: B2 XXX with XXX years at current job.

CFCFS1739: Postive mortgage payment history

- xxx Comments: Mortgage history reports XXX mos. XXX x XXX with previous mortgage reporting XXX mos. XXX x XXX.

409016764

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID3966

TRID - CD: The Will Not Have an Escrow Account in the CD Loan Disclosures section is selected and both or neither of You declined it and/or Your lender does not offer one are selected

Final CD XXX, in Loan Disclosures section, selection not indicated whether an Escrow Acct was declined vs. not offered; Corrected PCD & LOX missing.

XXX Client provided an 8/1 PCCD with correction, LOE, COC and delivery.

Condition Satisfied.

Non-Numeric

Not Applicable

CFCFS1734: Borrower has significant time at current job

- xxx Comments: B1 XXX with XXX years XXX months at current job.

CFCFS1736: Significant time at current residence

- xxx Comments: Borrowers have XXX years at current residence.

CFCFS1735: Co-Borrower has significant time at current job

- xxx Comments: B2 XXX with XXX years at current job.

CFCFS1739: Postive mortgage payment history

- xxx Comments: Mortgage history reports XXX mos. XXX x XXX with previous mortgage reporting XXX mos. XXX x XXX.

409016764

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5742

TRID - CD: In the CD Escrow section, You will not have an escrow account is indicated, but [Estimated Property Costs over Year 1] = $0 or Null

Final CD XXX, in Loan Disclosures section, selection indicated for will not have an Escrow Acct, but Estimated Property Costs over Year 1 not indicated; Corrected PCD & LOX missing.

XXX Client provided an 8/1 PCCD with correction, LOE, COC and delivery.

Condition Satisfied.

Numeric

Not Applicable

CFCFS1734: Borrower has significant time at current job

- xxx Comments: B1 XXX with XXX years XXX months at current job.

CFCFS1736: Significant time at current residence

- xxx Comments: Borrowers have XXX years at current residence.

CFCFS1735: Co-Borrower has significant time at current job

- xxx Comments: B2 XXX with XXX years at current job.

CFCFS1739: Postive mortgage payment history

- xxx Comments: Mortgage history reports XXX mos. XXX x XXX with previous mortgage reporting XXX mos. XXX x XXX.

409016764

XXXXXX

QM: Safe Harbor (APOR)

Credit

Credit/Mtg History

Waived

CRDCRMH1805

Debts/obligations not disclosed/accounted for at origination

Provide documentation to verify subject property tax on improved property. Property taxes verified in file are prior to construction revisions to subject property. Documentation to support $XXX per month used to qualify.

XXX Client provided a Tax bill based on prior to new construction Provide the tax estimate used to qualify XXX Client provided exception approval for missing evidence of monthly subject taxes (new construction)

Upon further review by XXX XXX, exception is deemed non-material. Exception approved, B Grade with compensating factors: DTI XXX% and LTV XXX%

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job

- xxx Comments: B1 XXX with XXX years XXX months at current job.

CFCFS1736: Significant time at current residence

- xxx Comments: Borrowers have XXX years at current residence.

CFCFS1735: Co-Borrower has significant time at current job

- xxx Comments: B2 XXX with XXX years at current job.

CFCFS1739: Postive mortgage payment history

- xxx Comments: Mortgage history reports XXX mos. XXX x XXX with previous mortgage reporting XXX mos. XXX x XXX.

409016764

XXXXXX

QM: Safe Harbor (APOR)

Credit

DTI

Satisfied

CRDDTI2540

Missing verification of some or all components of non-subject PITI

Missing borrower letter of explanation or other satisfactory documentation to support no HOA expense on XXX as qualified with.

7/30 Client provided a XXX search showing $XXX HOA dues; added to REO expenses

Satisfied

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job

- xxx Comments: B1 XXX with XXX years XXX months at current job.

CFCFS1736: Significant time at current residence

- xxx Comments: Borrowers have XXX years at current residence.

CFCFS1735: Co-Borrower has significant time at current job

- xxx Comments: B2 XXX with XXX years at current job.

CFCFS1739: Postive mortgage payment history

- xxx Comments: Mortgage history reports XXX mos. XXX x XXX with previous mortgage reporting XXX mos. XXX x XXX.

409016764

XXXXXX

QM: Safe Harbor (APOR)

Credit

Income/Employment

Waived

CRDINC2408

Income verification does not meet guidelines

1. Missing complete copy XXX 1040. Missing statement 1 referenced on Schedule E. Provide complete copy for review.2. Missing complete copy of XXX 1120S for XXX. Missing statement 1 that itemizes other deductions. 3. Missing verification to clarify percent of ownership for both B1/B2 for both XXX and XXX. The K1s provided for both entities for both 2022/2021 were issued jointly to both B1/B2. No documentation in file identifies percent that each owns.

XXX Client provided exception approval for missing the requested income documentation however still able to calculate income with the documents in file.

Upon further review by Senior Underwriter, exception is deemed non-material. Exception approved, B Grade with compensating factors: DTI XXX% and LTV XXX%

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job

- xxx Comments: B1 XXX with XXX years XXX months at current job.

CFCFS1736: Significant time at current residence

- xxx Comments: Borrowers have XXX years at current residence.

CFCFS1735: Co-Borrower has significant time at current job

- xxx Comments: B2 XXX with XXX years at current job.

CFCFS1739: Postive mortgage payment history

- xxx Comments: Mortgage history reports XXX mos. XXX x XXX with previous mortgage reporting XXX mos. XXX x XXX.

409016764

XXXXXX

QM: Safe Harbor (APOR)

Credit

Terms/Guidelines

Waived

CRDTER3122

Loan documents do not meet guideline requirements

Missing fully executed settlement statement from borrowers purchase of subject property in XXX. Settlement statement to support no mortgage financing used to obtain the subject property. the source of funds used for the purchase needs to be documented. If the source of funds used to acquire the subject property was a unsecured or secured loan the terms of the loan must be disclosed.

XXX Client provided an approved exception to allow the file without the HUD from purchase of subject property

Upon review by xxx Senior Underwriter, Condition is a Non Material B grade; long term job and residence, Borrower credit score exceeds min required

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job

- xxx Comments: B1 XXX with XXX years XXX months at current job.

CFCFS1736: Significant time at current residence

- xxx Comments: Borrowers have XXX years at current residence.

CFCFS1735: Co-Borrower has significant time at current job

- xxx Comments: B2 XXX with XXX years at current job.

CFCFS1739: Postive mortgage payment history

- xxx Comments: Mortgage history reports XXX mos. XXX x XXX with previous mortgage reporting XXX mos. XXX x XXX.

409016764

XXXXXX

QM: Safe Harbor (APOR)

Credit

Terms/Guidelines

Waived

CRDTER4631

Loan parameters do not meet guidelines

Final CD reflects $XXX construction holdback which is not allowed by XXX Program guides unless the holdback has been disbursed, and a certification of completion has been issued prior to purchase by Redwood. Additionally, loan has an interest only feature which is an ineligible product.

XXX Client provided an approved exception to allow the file with an open escrow holdback

Upon review by xxx Senior Underwriter, Condition is a Non Material B grade; Long term job and residence, Borrower credit score exceeds min required

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job

- xxx Comments: B1 XXX with XXX years XXX months at current job.

CFCFS1736: Significant time at current residence

- xxx Comments: Borrowers have XXX years at current residence.

CFCFS1735: Co-Borrower has significant time at current job

- xxx Comments: B2 XXX with XXX years at current job.

CFCFS1739: Postive mortgage payment history

- xxx Comments: Mortgage history reports XXX mos. XXX x XXX with previous mortgage reporting XXX mos. XXX x XXX.

409016764

XXXXXX

QM: Safe Harbor (APOR)

Property Valuations

Appraisal

Satisfied

PRVAAPPR275

Completed "Subject To" w/o Completion Cert in File

Missing 1004D. Appraisal was completed subject to completion of improvements.

7/29 Client provided the 1004D

Satisfied

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job

- xxx Comments: B1 XXX with XXX years XXX months at current job.

CFCFS1736: Significant time at current residence

- xxx Comments: Borrowers have XXX years at current residence.

CFCFS1735: Co-Borrower has significant time at current job

- xxx Comments: B2 XXX with XXX years at current job.

CFCFS1739: Postive mortgage payment history

- xxx Comments: Mortgage history reports XXX mos. XXX x XXX with previous mortgage reporting XXX mos. XXX x XXX.

409016764

XXXXXX

QM: Safe Harbor (APOR)

Property Valuations

Appraisal

Satisfied

PRVAAPPR3116

Missing updated valuation

Missing updated valuation to support original appraised value. Appraised value of $XXX is not supported by CU score of XXX or LCA score not established. AUS missing from documentation, reviewer unable to determine if CU or LCA score should be used.

XXX Client provided 3rd party CDA valuation supporting appraised value with XXX% variance

Condition satisfied

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job

- xxx Comments: B1 XXX with XXX years XXX months at current job.

CFCFS1736: Significant time at current residence

- xxx Comments: Borrowers have XXX years at current residence.

CFCFS1735: Co-Borrower has significant time at current job

- xxx Comments: B2 XXX with XXX years at current job.

CFCFS1739: Postive mortgage payment history

- xxx Comments: Mortgage history reports XXX mos. XXX x XXX with previous mortgage reporting XXX mos. XXX x XXX.

409016784

XXXXXX

QM: Safe Harbor (APOR)

Compliance

Ability to Repay/Qualified Mortgage

Satisfied

CMPATRQM3220

TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; the loan file is missing documents to complete the ATR/QM review and render an accurate ATR/QM status.

1. Missing borrower letter of explanation or other satisfactory documentation to support No HOA on XXX XXX XXX property as qualified with.2. Missing Mortgage Insurance cert verifying coverage as required by LP AUS Alert FMIXXX/FMIXXX. Provide for review. Final 1003/1008 do not reflect a MI expense included in DTI calculation however CD issued XXX does not reflect a single pay premium for MI. Subject to additional exceptions.

XXX Client provided Lender rebuttal stating, no MI on this loan. Response, agree. Condition remains for evidence of monthly HOA on XXX XXX XXX, if applicable. XXX Client provided CD from subject loan; Condition remains for evidence of HOA dues or LOX no HOA, on XXX XXX XXX REOXXX Client provided post close dated evidence monthly HOA of $XXX

Condition satisfied

(No Data)

Not Applicable

CFCFS1739: Postive mortgage payment history

- xxx Comments: B1 mortgage history reports XXX mos. XXX x XXX.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Representative credit score XXX above program requirement XXX.

CFCFS1736: Significant time at current residence

- xxx Comments: B1 has XXX years XXX months at current residence.

409016784

XXXXXX

QM: Safe Harbor (APOR)

Credit

DTI

Satisfied

CRDDTI2540

Missing verification of some or all components of non-subject PITI

Missing borrower letter of explanation or other satisfactory documentation to support No HOA on XXX property as qualified with.

XXX Client provided post close dated evidence monthly HOA of $XXX; updated DTI XXX% with including

Condition satisfied

(No Data)

Not Applicable

CFCFS1739: Postive mortgage payment history

- xxx Comments: B1 mortgage history reports XXX mos. XXX x XXX.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Representative credit score XXX above program requirement XXX.

CFCFS1736: Significant time at current residence

- xxx Comments: B1 has XXX years XXX months at current residence.

409016784

XXXXXX

QM: Safe Harbor (APOR)

Credit

DTI

Waived

CRDDTI105

Debt Ratio Exception 5% or Less

Max DTI XXX% current DTI XXX%

XXX Client provided exception approval for DTI XXX% exceed guidelines maximum of XXX%; including HOA of XXX on other REO

Exception approved, B Grade

(No Data)

Not Applicable

CFCFS1739: Postive mortgage payment history

- xxx Comments: B1 mortgage history reports XXX mos. XXX x XXX.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Representative credit score XXX above program requirement XXX.

CFCFS1736: Significant time at current residence

- xxx Comments: B1 has XXX years XXX months at current residence.

409016784

XXXXXX

QM: Safe Harbor (APOR)

Credit

Legal Documents

Satisfied

CRDLGL100

Legal document incorrect or incomplete

Final executed CD for subject transaction not located in file. Provide for review to confirm required funds to close and purchase price.

9/8 Client provided the executed Final CD

Satisfied

(No Data)

Not Applicable

CFCFS1739: Postive mortgage payment history

- xxx Comments: B1 mortgage history reports XXX mos. XXX x XXX.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Representative credit score XXX above program requirement XXX.

CFCFS1736: Significant time at current residence

- xxx Comments: B1 has XXX years XXX months at current residence.

409016784

XXXXXX

QM: Safe Harbor (APOR)

Credit

LTV/CLTV

Waived

CRDLTV3026

LTV Exceeds Guideline Requirement by at least 5%, but less than 10%

Qualifying LTV XXX% exceeds program maximum XXX%.

XXX Client provided an approved exception to allow the file with a LTV of XXX

Upon review by xxx Senior Underwriter, Condition is a Non Material B grade; Mtg paid as agreed, Borrower credit score exceeds min required

(No Data)

Not Applicable

CFCFS1739: Postive mortgage payment history

- xxx Comments: B1 mortgage history reports XXX mos. XXX x XXX.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Representative credit score XXX above program requirement XXX.

CFCFS1736: Significant time at current residence

- xxx Comments: B1 has XXX years XXX months at current residence.

409016784

XXXXXX

QM: Safe Harbor (APOR)

Property Valuations

Appraisal

Satisfied

PRVAAPPR3116

Missing updated valuation

Missing updated valuation to support original appraised value. Appraised value of $XXX is not supported by CU score of XXX.

XXX Client provided 3rd party CDA valuation supporting appraised value with XXX% variance

Condition satisfied

(No Data)

Not Applicable

CFCFS1739: Postive mortgage payment history

- xxx Comments: B1 mortgage history reports XXX mos. XXX x XXX.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Representative credit score XXX above program requirement XXX.

CFCFS1736: Significant time at current residence

- xxx Comments: B1 has XXX years XXX months at current residence.

409016791

XXXXXX

QM: Safe Harbor (APOR)

Credit

Legal Documents

Satisfied

CRDLGL100

Legal document incorrect or incomplete

Missing subject Final executed CD to verify final required funds to close. No CDs located in file are executed by borrowers.

XXX Client provided executed Final CD for subject transaction

Condition satisfied

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job

- xxx Comments: B1 has XXX at current job.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Representative credit score XXX above program requirement XXX.

CFCFS1737: LTV below guideline requirements

- xxx Comments: Qualifying LTV XXX below program maximum.

409016794

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID3670

TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation

Zero Tolerance testing failed by $XXX due to the increased of Title Abstract Fee by $XXX and Title Notice of Settlement by $XXX with no COC in file. Title fees are paid to Affiliate and are tested for XXX% violation. Condition is pending receiving a valid Change of Circumstances or PCD reflecting lenders cure, LOE to borrower, a copy of refund and proof of delivery via shipping that includes tracking information.

XXX Client provided an XXX PCCD, $XXX check, LOE and proof of delivery.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job

- xxx Comments: Borrower has XXX years at current job

CFCFS1737: LTV below guideline requirements

- xxx Comments: LTV XXX% below guideline requirements XXX%.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Credit score XXX exceeds guidelines XXX

409016794

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5741

TRID - CD: In the CD Escrow section, You will have an escrow account is indicated, but any of the Escrowed Property Costs or Escrow Payment = $0 or Null

On final CD dated XXX CD Escrow section, You will have an escrow account is indicated, but any of the Escrowed Property Costs or Escrow Payment = $XXX or Null.

XXX Client provided an XXX PCCD changing page 1, removing the estimated escrow in Band 2, changing the In escrow answers to No and on page 4, marking the "will not have an escrow account" boxes. Condition remains. This loan will have escrows for the permanent financing. Provide a corrected PCCD/LOE.XXX Client provided an XXX PCCD with corrected Escrows (with an XXX LOE and XXX Delivery). Condition remains. The Issue Date is prior to the previous XXX PCCD for the tolerance cure, and the cure credit has been incorrectly removed. Provide a corrected PCCD issued after the latest XXX PCCD with LOE to borrower.XXX Client provided the following Sellers rebuttal: They did not have an escrow account on XXX when this closed, and the final CD is supposed to reflect that. Condition remains. There does appear to be Escrows on the permanent financing. The last PCCD received has the correct Escrow information, however the Issue Date was on XXX, which is prior to the earlier PCCD of XXX, and the tolerance cure was incorrectly removed. Condition pending receipt of a new PCCD showing the actual Issue Date and the tolerance cure replaced.XXX Client provided PCCD XXX with the cure added back and correct issue date.

Condition Satisfied.

Numeric

Not Applicable

CFCFS1734: Borrower has significant time at current job

- xxx Comments: Borrower has XXX years at current job

CFCFS1737: LTV below guideline requirements

- xxx Comments: LTV XXX% below guideline requirements XXX%.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Credit score XXX exceeds guidelines XXX

409016794

XXXXXX

QM: Safe Harbor (APOR)

Credit

Terms/Guidelines

Waived

CRDTER4631

Loan parameters do not meet guidelines

Final CD reflects $XXX construction holdback which is not allowed by XXX XXX guides unless the holdback has been disbursed, and a certification of completion has been issued prior to purchase by XXX. Additionally, loan has an interest only feature which is an ineligible product.

XXX Client provided a Post CD however is not pertaining to this condition, pertaining to a compliance condition. Initial condition remains. 8/18 Client provided an approved exception to allow the file wiht an open escrow holdback and a Note with IO feature

Upon review by xxx Senior Underwriter, Condition is a Non Material B grade; Low LTV, Borrower credit score exceeds min required

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job

- xxx Comments: Borrower has XXX years at current job

CFCFS1737: LTV below guideline requirements

- xxx Comments: LTV XXX% below guideline requirements XXX%.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Credit score XXX exceeds guidelines XXX

409016794

XXXXXX

QM: Safe Harbor (APOR)

Property Valuations

Appraisal

Satisfied

PRVAAPPR275

Completed "Subject To" w/o Completion Cert in File

Missing 1004D/completion cert, required for appraisal made subject to completion of construction.

XXX Client provided 1004D subject to completion dated XXX

Condition satisfied

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job

- xxx Comments: Borrower has XXX years at current job

CFCFS1737: LTV below guideline requirements

- xxx Comments: LTV XXX% below guideline requirements XXX%.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Credit score XXX exceeds guidelines XXX

409016858

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID3646

TRID - CD: Ten percent tolerance fee or fees increased at or prior to closing without a valid reason or the revised LE/CD was not timely disclosed; insufficient credit or refund provided

XXX percent tolerance in amount of XXX due to increase in Recording fee from XXX on CD XXX to XXX on CD XXX with no explanation/ reasons on COC XXX. Lender's credit for tolerance cure XXX was applied towards increased Tax Service by XXX, increased E-recording from XXX to XXX, added MERS fee XXX and added Title Plot Plan XXX = total XXX. Condition is pending receiving PCD reflecting lenders cure, LOE to borrower, a copy of refund in amount of XXX (XXX - XXX leftover from lende'rs credit ) and proof of delivery via shipping that includes tracking information.

XXX Client provided an XXX PCCD, LOE, XXX check and proof of shipment.

Condition Satisfied.

Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements

- xxx Comments: LTV of XXX is below guideline max LTV of XXX.

CFCFS1734: Borrower has significant time at current job

- xxx Comments: B1 has XXX years with current employer, B2 has XXX years.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Post close reserves are verified at XXX, required reserves per guidelines are XXX.

409016881

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID3670

TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation

Zero tolerance in the amount of XXX as Inspection and Second/Review Appraisal Fees were added to CD XXX without a valid COC in file. Condition is pending receipt of a valid Change of Circumstance, PCD reflecting lenders cure, LOE issued to borrower, a copy of refund and proof of delivery including shipping details and tracking information.

XXX Client provided an LOE stating Second/review appraisal added due to 1st appraisal was subject to and a Final Inspection was required to show repairs completed. Condition remains. LOE explains the Inspection fee, however does not provide a valid reason for the CDA fee of XXX being added. Provide a valid reason for this fee or PCCD with cure, copy of cure check, LOE to Borrower and evidence of delivery via tracking. XXX Client provided and LOE stating: The Investor required the additional service. Condition remains. Provide a valid reason for the Investor required Second/Review Appraisal - CDA added on CD XXX or PCCD with cure, copy of cure check, LOE to Borrower and evidence of delivery via tracking. XXX Client provided PCCD XXX with cure, copy of cure check, and shipping label in created status, docs also references a letter XXX. No letter XXX received. Condition remains for letter to Borrower explaining the cure and evidence of delivery.XXX Client provided the missing LOE and re-tracking confirms the shipment.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX DTI is below guideline maximum of XXX

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX credit score exceed guideline minimum of XXX.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Cash reserves of XXX or XXX months PITI exceed requirement.

409016894

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

Not all required seller-paid fees were disclosed on the final CD. Seller's CD in file and able to trace all fees, exception is satisfied

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: High Credit XXX Guidelines allow XXX

CFCFS2860: Good credit history

- xxx Comments: Borrower Has history of good credit with 0 Late Payments > XXX Months

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Post Close Assets are $ XXX or XXX months of PITIAGuidelines require XXX months or $ XXX X 12 = $ XXX

409016976

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

The Final Closing Disclosure does not reflect all the required seller-paid fees.

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Reserves: $XXX or XXX months PITI

CFCFS1739: Postive mortgage payment history

- xxx Comments: Borrowers have XXX months XXX x XXX on current mortgage

409016976

XXXXXX

QM: Safe Harbor (APOR)

Credit

Income/Employment

Waived

CRDINC3204

Income Documentation Missing

Missing XXX and Liquidity WS

XXX client provided approved exception for missing XXX WS

Upon further review by XXX XXX exception is deemed non material. Final Grade B

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Reserves: $XXX or XXX months PITI

CFCFS1739: Postive mortgage payment history

- xxx Comments: Borrowers have XXX months XXX x XXX on current mortgage

409016976

XXXXXX

QM: Safe Harbor (APOR)

Credit

Terms/Guidelines

Satisfied

CRDTER3122

Loan documents do not meet guideline requirements

Provide LOE as to why REO XXX XXX XXX shows a loss of $XXX/month on Borrower 1 Final 1003. Could only verify $XXX/month.

XXX Client provided updated F1003 with PITIA of $XXX being included in DTI

Condition satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Reserves: $XXX or XXX months PITI

CFCFS1739: Postive mortgage payment history

- xxx Comments: Borrowers have XXX months XXX x XXX on current mortgage

409017218

XXXXXX

QM: Safe Harbor (APOR)

Compliance

Ability to Repay/Qualified Mortgage

Satisfied

CMPATRQM3220

TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; the loan file is missing documents to complete the ATR/QM review and render an accurate ATR/QM status.

Missing sufficient evidence to verify borrower has no debt obligation to property at XXX while the subject primary residence is under construction via explanation from property owner or provide evidence to include the debt into the borrower's DTI; lox provided by borrower states "I am writing to inform you of our intent to reside at XXX, during the construction of our home at XXX."

XXX Client provided copy of tax bill verifying owner name: XXX however did not provide evidence of any current housing expense while subject was under construction. Condition remains XXX Client provided LOX that there is no evidence of any mortgage on XXX assumed they lived with family during construction; Condition remains: provide a rent free letter or other evidence Borrower had no housing expense during constructionXXX Client provided exception approval for missing housing rental history while subject property was under construction

Condition satisfied

(No Data)

Not Applicable

CFCFS1740: Mortgage payment history exceeds guidelines

- xxx Comments: xxxmo. 0x30 mortgage payment history; 0x30x12 required.

CFCFS2854: Significant time in profession

- xxx Comments: Borrowers have been in their respective professions for XXX and XXXyears.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: XXX effective/reserves; XXX*6= XXX reserves required.

409017218

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID3670

TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation

Zero tolerance in amount of XXX due to increase in Appraisal fee by XXX on LE XXX and increase in Credit Report fee by XXX on CD XXX with no valid COC in file to support it. Condition is pending receiving a valid Change of Circumstances or PCD reflecting lenders cure, LOE to borrower, a copy of refund and proof of delivery via shipping that includes tracking information.

XXX Client provided a duplicate copy of the Initial XXX CD and an XXX PCCD for a clerical correction. Condition remains. Borrower is due a refund of XXX, PCCD with tolerance cure, LOE and proof of delivery that includes tracking information.XXX Client provided an XXX PCCD with cure, LOE, XXX check and proof of shipment.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1740: Mortgage payment history exceeds guidelines

- xxx Comments: xxxmo. 0x30 mortgage payment history; 0x30x12 required.

CFCFS2854: Significant time in profession

- xxx Comments: Borrowers have been in their respective professions for XXX and XXXyears.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: XXX effective/reserves; XXX*6= XXX reserves required.

409017218

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID3966

TRID - CD: The Will Not Have an Escrow Account in the CD Loan Disclosures section is selected and both or neither of You declined it and/or Your lender does not offer one are selected

The Final CD:XXX section Escrow Account on page 4 - neither of You declined it and/or Your lender does not offer one are selected

XXX Client provided an XXX PCCD with corrections, LOE, COC and delivery.

Condition Satisfied.

Non-Numeric

Not Applicable

CFCFS1740: Mortgage payment history exceeds guidelines

- xxx Comments: XXXX mo. 0x30 mortgage payment history; 0x30x12 required.

CFCFS2854: Significant time in profession

- xxx Comments: Borrowers have been in their respective professions for XXX and XXXyears.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: XXX effective/reserves; XXX*6= XXX reserves required.

409017218

XXXXXX

QM: Safe Harbor (APOR)

Credit

Credit/Mtg History

Waived

CRDCRMH104

Credit score below guidelines

XXX qualifying credit score is below the Agency guideline minimum of XXX.

XXX Client provided exception approval for fico score XXX below guidelines requirement minimum of XXX

Exception approved, B Grade

(No Data)

Not Applicable

CFCFS1740: Mortgage payment history exceeds guidelines

- xxx Comments: xxmo. 0x30 mortgage payment history; 0x30x12 required.

CFCFS2854: Significant time in profession

- xxx Comments: Borrowers have been in their respective professions for XXX and XXXyears.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: XXX effective/reserves; XXX*6= XXX reserves required.

409017218

XXXXXX

QM: Safe Harbor (APOR)

Credit

Credit/Mtg History

Waived

CRDCRMH149

Missing support docs for VOM/VOR (e.g. cancelled checks)

XXX Client provided copy of tax bill verifying owner name: XXX however did not provide evidence of any current rental housing expense while subject was under construction. Condition remains XXX Client provided LOX that there is no evidence of any mortgage on XXX assumed they lived with family during construction; Condition remains: provide a rent free letter or other evidence Borrower had no housing expense during constructionXXX Client provided exception approval for missing evidence of housing while home was under construction

Upon further review by Senior Underwriter, exception is deemed non-material. Exception approved, B Grade with compensating factor: DTI XXX, XXX years in profession.

(No Data)

Not Applicable

CFCFS1740: Mortgage payment history exceeds guidelines

- xxx Comments: xxxmo. 0x30 mortgage payment history; 0x30x12 required.

CFCFS2854: Significant time in profession

- xxx Comments: Borrowers have been in their respective professions for XXX and XXXyears.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: XXX effective/reserves; XXX*6= XXX reserves required.

409017218

XXXXXX

QM: Safe Harbor (APOR)

Credit

Terms/Guidelines

Waived

CRDTER4631

Loan parameters do not meet guidelines

Subject transaction is construction to permanent financing with a 1yr I/O term; I/O is ineligible for Agency guidelines.

XXX Client provided an approved exception to allow the file with construction to Perm and Interest Only

Upon review by xxx Senior Underwriter, Condition is a Non Material B grade; Strong reserves, Borrower credit score exceeds min required

(No Data)

Not Applicable

CFCFS1740: Mortgage payment history exceeds guidelines

- xxx Comments: xxxmo. 0x30 mortgage payment history; 0x30x12 required.

CFCFS2854: Significant time in profession

- xxx Comments: Borrowers have been in their respective professions for XXX and XXXyears.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: XXX effective/reserves; XXX*6= XXX reserves required.

409017219

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

Not all required seller-paid fees were disclosed on the final CD. Seller's CD in file and able to trace all fees, exception is satisfied

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: ReservesXXX or XXX months PITI

CFCFS2854: Significant time in profession

- xxx Comments: Borrower has been in the same profession for XXX years

409017219

XXXXXX

QM: Safe Harbor (APOR)

Credit

Terms/Guidelines

Waived

CRDTER3122

Loan documents do not meet guideline requirements

Per 3rd party fraud report borrower has 2 (possible 1 is a duplicate) Civil Judgments in the amount of XXX each. Provided documentation that these have been released

XXX Client provided an approved exception to allow the file without evidence the judgments are paid; Borrower has sufficient assets for reserves setting aside sufficient funds to cover judgments

Upon review by xxx Senior Underwriter, Condition is a Non Material B grade; Borrower credit score exceeds min required

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: ReservesXXX or XXX months PITI

CFCFS2854: Significant time in profession

- xxx Comments: Borrower has been in the same profession for XXX years

409017306

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5111

TRID - LE delivered only via e-mail but there is no prior e-sign consent in file; by regulation, LE must be treated as not delivered

Initial LE XXX is e-signed by both borrowers but only one e-consent is found in file. Missing e-consent for co-borrower.

XXX Client provided both E-Consents.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX DTI is below guideline requirement of XXX

CFCFS2860: Good credit history

- xxx Comments: No derogatory credit history in the past 24 months

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX credit score exceed guideline minimum of XXX.

409017317

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID3670

TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation

Zero Tolerance Fee in the amount of XXX due to increase in Appraisal fee by XXX and increase in 2nd Appraisal fee by XXX on initial CD XXX with no valid COC in file to support it. Condition is pending receiving a valid Change of Circumstances or PCD reflecting lenders cure, LOE to borrower, a copy of refund and proof of delivery via shipping that includes tracking information.

XXX Client provided the missing XXX COC and the following: Per Seller - Was this CoC not sent or not accepted? I see the explanation for both increases. Unable to locate this XXX COC in file. Satisfied with the uploaded trailing doc copy.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements

- xxx Comments: LTV of XXX is below guideline max LTV of XXX.

CFCFS1734: Borrower has significant time at current job

- xxx Comments: Borrower has been xxx years.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Qualifying credit score of XXX exceeds guideline minimum required score of xxx.

409017349

XXXXXX

QM: Safe Harbor (APOR)

Credit

Income/Employment

Satisfied

CRDINC2488

Verbal verification of employment missing

Missing verification of the existence of borrowers self-employment to be verified through a third-party source and be no more than 120 calendar days prior to the Note date XXX. Third party verification can be from a CPA, regulatory agency or applicable licensing bureau. A borrowers website is not acceptable third-party source.

XXX Client provided SOS dated XXX for self employment

Condition satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score; xxx required.

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX DTI; XXX max allowed.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Verified reserves of XXX; total reserves required XXX.

409017349

XXXXXX

QM: Safe Harbor (APOR)

Credit

Income/Employment

Satisfied

CRDINC3204

Income Documentation Missing

Missing evidence of extension for XXX tax returns; transcripts reflect no record of return filed. Note date is XXX.

XXX Client provided evidence of XXX extension with payment of XXX

Condition satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score; xxxx required.

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX DTI; XXX max allowed.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Verified reserves of XXX; total reserves required XXX.

409017351

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Credit score of XXX is XXX points above minimum program requirement of XXX.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Borrower has XXX times the required reserves

409017351

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID3670

TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation

Zero Tolerance Fee of $XXX due to added Appraisal desk review for $XXX, added Survey fee $XXX (no SPL in file, unable to conclude if fee was a shoppable fee) and Lender Credit decreased by $XXX on initial CD XXX with no COC/ Rate lock with updated loan amount in file. Condition is pending receiving a valid Change of Circumstances or PCD reflecting lenders cure, LOE to borrower, a copy of refund and proof of delivery via shipping that includes tracking information.

XXX Client provided COC XXX reflecting Appraisal value came in lower requiring a Desk Review, Lock, Change of Property type, Survey required for Title and reduced loan amount. They also provided an Email from Lender stating Desk Review needed for loan over CU XXX, Loan amount lowered impacting pricing, Credits lowered and Survey ordered to remove the survey condition for Title Insurance.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Credit score of XXX is XXX points above minimum program requirement of XXX.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Borrower has XXX times the required reserves

409017351

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID3600

TRID - CD delivered only via e-mail but there is no prior e-sign consent in file; by regulation, CD must be treated as not delivered

Initial CD XXX was emailed to borrower but a prior e-consent is missing in file.

XXX Client provided a screenshot of the Disclosure Tracking Summary/History reflecting the E-Consent and the XXX Tracking.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Credit score of XXX is XXX points above minimum program requirement of XXX.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Borrower has XXX times the required reserves

409017351

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5111

TRID - LE delivered only via e-mail but there is no prior e-sign consent in file; by regulation, LE must be treated as not delivered

Provide borrower e-consent.

XXX Client provided a screenshot of the Disclosure Tracking Summary/History reflecting the E-Consent.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Credit score of XXX is XXX points above minimum program requirement of XXX.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Borrower has XXX times the required reserves

409017351

XXXXXX

QM: Safe Harbor (APOR)

Credit

Terms/Guidelines

Satisfied

CRDTER2548

Missing AUS or AUS errors present

Loan submitted under XXX XXX AUS XXX YR, however AUS Approve/Ineligible (1008) is not present in file.

XXX Client provided DU AUS approval dated XXX submission #XXX

Condition satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Credit score of XXX is XXX points above minimum program requirement of XXX.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Borrower has XXX times the required reserves

409017413

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Required Reserves: $XXX. Verified $XXXSubject: $XXX x XXX = $XXX REO: $XXX x XXX = $XXX

CFCFS1739: Postive mortgage payment history

- xxx Comments: Borrowers have XXX months XXX x XXX on current mortgage

409017470

XXXXXX

QM: Safe Harbor (APOR)

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX DTI is below guideline maximum of XXX

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX credit score exceed guideline minimum of xxx.

CFCFS2854: Significant time in profession

- xxx Comments: B1 has been in the same profession for XXX mo.

409017473

XXXXXX

QM: Safe Harbor (APOR)

Compliance

XXXX Home Equity

Satisfied

CMPTXHE119

XXXX Equity - Affidavit of Fair Market Value not signed by lender

Affidavit of Fair Market Value is not signed by lender

XXX Client provided the FMV Affidavit signed by the Lender at Closing.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: $XXX effective/reserves; $XXX * XXX= $XXX reserves required.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XX qual score; min XXX.

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX% DTI; max XXX%.

409017485

XXXXXX

QM: Safe Harbor (APOR)

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX LTV, below guideline requirements of XXX per program.

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX DTI, below guideline requirement of XXX.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Borrowers have XXX months PITI in reserves.

409017487

XXXXXX

QM: Safe Harbor (APOR)

Compliance

Documentation

Satisfied

CMPDOC806

Notary Status is missing

Missing a notary status for a primary borrower who signed the Mortgage on XXX

XXX Client provided the recorded DOT that includes the notary status for both borrowers.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: ReservesXXX or XXX months PITI

CFCFS1734: Borrower has significant time at current job

- xxx Comments: Borrowers has been with the same employer for XXX years

409017487

XXXXXX

QM: Safe Harbor (APOR)

Compliance

Right of Rescission

Satisfied

CMPROR117

ROR - Expiration date on form prior to end of rescission period

The Expiration Date of XXX does not provide borrower with the required 3 day rescission period from Consummation Date XXX.

XXX Client provided copies of a new ROR, signed by all parties on XXX, with Tracking and new Expiration at midnight on XXX. Condition remains for the new rescission period to expire.XXX The new rescission period is now expired.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: ReservesXXX or XXX months PITI

CFCFS1734: Borrower has significant time at current job

- xxx Comments: Borrowers has been with the same employer for XXX years

409017487

XXXXXX

QM: Safe Harbor (APOR)

Compliance

Right of Rescission

Satisfied

CMPROR114

ROR - Right of Rescission not executed by all title holders

Only ROR form in file signed by a primary borrower on XXX. Missing a copy of executed ROR by a co-borrower.

XXX Client provided the missing Co-Borrower ROR form.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: ReservesXXX or XXX months PITI

CFCFS1734: Borrower has significant time at current job

- xxx Comments: Borrowers has been with the same employer for XXX years

409017487

XXXXXX

QM: Safe Harbor (APOR)

Compliance

Right of Rescission

Satisfied

CMPROR2330

ROR - Disbursement date is before end of statutory rescission period

Final CD XXX- disbursement date on XXX, ROR form in file signed on XXX with end of recession on XXX. Condition is pending receiving final ALTA statement with later disbursement date and corrected disbursement date/ Prepaid Interest PCD with LOE and proof of delivery to borrowers

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: ReservesXXX or XXX months PITI

CFCFS1734: Borrower has significant time at current job

- xxx Comments: Borrowers has been with the same employer for XXX years

409017487

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID3966

TRID - CD: The Will Not Have an Escrow Account in the CD Loan Disclosures section is selected and both or neither of You declined it and/or Your lender does not offer one are selected

Final CD XXX, section Escrow Account in Loan Disclosures - neither of You declined it and/or Your lender does not offer one are selected. Condition is pending receiving corrected PCD and LOE to borrowers.

XXX Client provided a corrected XXX PCCD.

Condition Satisfied.

Non-Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: ReservesXXX or XXX months PITI

CFCFS1734: Borrower has significant time at current job

- xxx Comments: Borrowers has been with the same employer for XXX years

409017487

XXXXXX

QM: Safe Harbor (APOR)

Credit

Credit/Mtg History

Satisfied

CRDCRMH193

Length of mortgage/rental history in file does not meet guideline requirement

Provide VOM for XXX #XXX

XXX Client provided VOM for XXX XXX from XXX - current satisfactory mortgage payment history, however do not reflect monthly payment. Condition remains, appears this is a revolving line of credit (per LOX in file and per Title), condition remains for evidence borrowers requesting closure of both liens with XXX that are being paid off with this transaction. XXX Client provided executed request by Borrower, requesting closure of both revolving line of credit with XXX #XXX, #XXX

Condition satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: ReservesXXX or XXX months PITI

CFCFS1734: Borrower has significant time at current job

- xxx Comments: Borrowers has been with the same employer for XXX years

409017500

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

Not all required seller-paid fees were disclosed on the final CD. Seller's CD in file and able to trace all fees, exception is satisfied

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX LTV; max XXX.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: XXX reserves; XXX*6 + REO XXX*3= XXX reserves required.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qual score; min xxx.

CFCFS1740: Mortgage payment history exceeds guidelines

- xxx Comments: XXX mo. xxx mortgage payment history; 0x30x24 required.

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX DTI; max XXX.

409017799

XXXXXX

QM: Safe Harbor (APOR)

Compliance

XXXX Home Equity

Satisfied

CMPTXHE320

XXXX Equity - XXXX Equity : Missing T.42 Title Endorsement

Missing T.42 Title Endorsement

XXX Client provided the Title Policy reflecting the T.42 Endorsement.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score; XXX required.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Verified reserves of XXX or XXX months PITI; XXX or XXX months required.

409017799

XXXXXX

QM: Safe Harbor (APOR)

Compliance

XXXX Home Equity

Satisfied

CMPTXHE321

XXXX Equity - XXXX Equity : Missing T.42.1 Title Endorsement

Missing T.42.1 Title Endorsement.

XXX Client provided the Title Policy reflecting the T.42.1 Endorsement.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score; XXX required.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Verified reserves of XXX or XXX months PITI; XXX or XXX months required.

409017799

XXXXXX

QM: Safe Harbor (APOR)

Compliance

XXXX Home Equity

Satisfied

CMPTXHE119

XXXX Equity - Affidavit of Fair Market Value not signed by lender

XXXX Equity - Affidavit of Fair Market Value is missing lender signature.

XXX Client provided the Affidavit of Fair Market Value signed by Lender.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score; xxx required.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Verified reserves of XXX or XXX months PITI; XXX or XXX months required.

409017799

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID3670

TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation

Zero tolerance in the amount of XXX as Discount Points increased on CD XXX without a COC in file to support it. Condition pending receiving a valid Change of Circumstances or Post CD reflecting lenders cure, LOX, a copy of refund and proof of delivery via shipping that includes tracking information.

XXX Client provided PCCD XXX and CD XXX. Also provided COC XXX reflecting Point Decrease and COC XXX extension and Points increase.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score; xxx required.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Verified reserves of XXX or XXX months PITI; XXX or XXX months required.

409017841

XXXXXX

QM: Safe Harbor (APOR)

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score; XXX required.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Verified reserves of $XXX; total reserves required $XXX.

409017921

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

Not all required seller-paid fees were disclosed on the final CD. Seller's CD in file and able to trace all fees, exception is satisfied

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS2854: Significant time in profession

- xxx Comments: Borrowers have been in their respective professions for XXX years.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qual score; min xxx.

CFCFS1740: Mortgage payment history exceeds guidelines

- xxx Comments: XXX mo. 0x30 mortgage payment history; 0x30x24 required.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: XXX reserves; XXX*12 + REOs XXX*3 = XXX reserves required.

409017929

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5111

TRID - LE delivered only via e-mail but there is no prior e-sign consent in file; by regulation, LE must be treated as not delivered

Missing borrowers e-consent in file.

XXX Client provided the E-Consent for both borrowers.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Credit score of XXX is XXX points above minimum program requirement of XXX

CFCFS1744: DTI below guideline requirement

- xxx Comments: DTI XXX % is below the guideline minimum of XXX %

409017991

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1734: Borrower has significant time at current job

- xxx Comments: Borrower at current employment XXX years

CFCFS1744: DTI below guideline requirement

- xxx Comments: DTI XXX%

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Qualifying credit score XXX

CFCFS1735: Co-Borrower has significant time at current job

- xxx Comments: Co borrower at current employment XXX years

409017991

XXXXXX

QM: Safe Harbor (APOR)

Credit

Assets

Satisfied

CRDAST2670

Asset documentation is insufficient per guideline requirements

Missing 2nd consecutive bank statement for XXX XXX 4423 only statement in file is XXX 4423

XXX Client provided 2nd consecutive statement for #XXX Desert financial dated XXX - XXX and file have XXX - XXX

Condition satisfied

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job

- xxx Comments: Borrower at current employment XXX years

CFCFS1744: DTI below guideline requirement

- xxx Comments: DTI XXX%

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Qualifying credit score XXX

CFCFS1735: Co-Borrower has significant time at current job

- xxx Comments: Co borrower at current employment XXX years

409017995

XXXXXX

QM: Safe Harbor (APOR)

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score; XXX required.

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX% DTI; XXX% max allowed.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Verified reserves of $XXX ; total reserves required $XXX.

409017996

XXXXXX

QM: Safe Harbor (APOR)

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX% CLTV below guideline requirements of XXX% per program.

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX% DTI below guideline requirement of XXX%.

409018252

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

Not all required seller-paid fees were disclosed on the final CD. Seller's CD in file and able to trace all fees, exception is satisfied

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Credit score of XXX is XXX points above the minimum required score of XXX.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Borrowers have XXX available in reserves; XXX in reserves required. Reserves amount subject to change upon verification of additional liquid assets needed for cash to close requirement.

409018252

XXXXXX

QM: Safe Harbor (APOR)

Credit

Assets

Satisfied

CRDAST205

Insufficient Funds to Close

Insufficient liquid assets verified in the file to meet the cash to close requirement. Total liquid assets verified were XXX with XXX cash required to close leaving XXX short liquid funds to close. If borrowers are using funds from a retirement account to close, then verification of liquidation will be required. Otherwise, additional asset documentation verifying sufficient liquid assets to close will be required.

XXX Client provided an Email that Loan was UW to AUS GLs proof of liquidation not required; response loan was reviewed to XXX XXX Client provided a lock changing loan XXX AUS; liquidation not required

Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Credit score of XXX is XXX points above the minimum required score of XXX.

CFCFS1731: Verified cash reserves exceed guidelines

409018252

XXXXXX

QM: Safe Harbor (APOR)

Credit

Assets

Satisfied

CRDAST2670

Asset documentation is insufficient per guideline requirements

File is missing an additional consecutive month's account statement for XXX #XXX. XXX only was provided in the file. These assets are needed to meet the reserve requirement.

XXX Client provided a lock changing loan XXX AUS; X month statement is required by AUS approval

Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Credit score of XXX is XXX points above the minimum required score of XXX.

CFCFS1731: Verified cash reserves exceed guidelines

409018252

XXXXXX

QM: Safe Harbor (APOR)

Credit

Credit/Mtg History

Satisfied

CRDCRMH1805

Debts/obligations not disclosed/accounted for at origination

B2 has a mortgage with XXX/XXX reported on credit with a current balance of XXX and payment of XXX. This mortgage is not associated with any property listed on the final 1003s and was not included in the debts. If the property associated with this mortgage has been sold, then a final, fully executed Settlement Statement/Closing Disclosure will be required. If borrower still owns the property associated with this mortgage, then verification of the full PITIA payment and a corrected 1003 with the property listed in the REO section will be required. If this is a cosigned mortgage that is paid by another individual, then XXX months cancelled checks will be required.

XXX Client provided 10 statements showing third party pays the mortgage; Missing XXX and XXX payments or statements to show a XXX month history to exclude XXX Client provided the XXX payments

Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Credit score of XXX is XXX points above the minimum required score of XXX.

CFCFS1731: Verified cash reserves exceed guidelines

409018252

XXXXXX

QM: Safe Harbor (APOR)

Credit

DTI

Satisfied

CRDDTI106

Debt Ratio Exception >5% and <10%

Recalculated B1 income resulted in DTI of XXX which exceeds the maximum allowed DTI of XXX. Lender used 2nd job income of XXX/month to qualify. However, based on the dates of the borrower's prior employment listed on the final 1003 and from written VOEs, it appears there was a gap of over 3 months from prior 2nd job employer that ended on XXX and current 2nd job employer that stared on XXX. Fannie Mae guidelines do not allow in any instance for the borrower to have a gap greater than 1 month in the most recent 12-month period between 2nd job employers. As a result, this income was omitted from the recalculations.

XXX Client provided an Email that employment is validated by AUS; response, loan manually reviewed to XXX, Condition remains XXX Client provided a lock changing loan to XXX AUS; employment validated by AUS

Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Credit score of XXX is XXX points above the minimum required score of xxx.

CFCFS1731: Verified cash reserves exceed guidelines

409018252

XXXXXX

QM: Safe Harbor (APOR)

Credit

Income/Employment

Satisfied

CRDINC2408

Income verification does not meet guidelines

1) B2 employment does not begin until XXX. File is missing a contingent free employment offer or contract. Offer letter provided in the file indicates employment is contingent upon certain requirements contained in the offer letter, including pre-employment screening.2) File is missing XXX IRS tax transcripts for B2.3) File is missing XXX W2 for B1 current 2nd job. Start date was XXX. Client guidelines do not indicate a written VOE is acceptable in lieu of the W2.

XXX Client indicated UW to AUS; response file is reviewed to Sequoia 30 Y GLS; Client provided an Email indicating all contingencies are met; Condition remains for 2) File is missing XXX IRS tax transcripts for B2.3) File is missing XXX W2 for B1 current 2nd job. Start date was XXX. Client guidelines do not indicate a written VOE is acceptable in lieu of the W2.XXX Client provided a lock changing loan to XXX WVOE is accepted

Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Credit score of XXX is XXX points above the minimum required score of xxx.

CFCFS1731: Verified cash reserves exceed guidelines

409018259

XXXXXX

QM: Safe Harbor (APOR)

CFCFS1744: DTI below guideline requirement

- xxx Comments: DTI XXX%

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Qualifying credit score XXX

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Reserves $XXX or XXX months

409018261

XXXXXX

QM: Safe Harbor (APOR)

CFCFS1740: Mortgage payment history exceeds guidelines

- xxx Comments: XXX months with 0x30 Mortgage payment history exceeds guidelines of XXX months.

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX% DTI below guideline requirement of XXX%.

409018269

XXXXXX

QM: Safe Harbor (APOR)

Compliance

RESPA

Satisfied

CMPRESPA863

RESPA: Required Affiliate Business Disclosure missing

Missing required Affiliate Business Disclosure

XXX Client provided a signed LOE from Lender stating they do not have any affiliates for this transaction.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Qualifying credit score of XXX exceeds guideline minimum credit score of xxx.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Verified post close reserves are XXX total required reserves are XXX.

CFCFS1740: Mortgage payment history exceeds guidelines

- xxx Comments: Credit report shows no derogatory mortgage events.

409018269

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

Not all required seller-paid fees were disclosed on the final CD. Seller's CD in file and able to trace all fees, exception is satisfied

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Qualifying credit score of XXX exceeds guideline minimum credit score of xxx.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Verified post close reserves are XXX total required reserves are XXX.

CFCFS1740: Mortgage payment history exceeds guidelines

- xxx Comments: Credit report shows no derogatory mortgage events.

409018272

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

Not all required seller-paid fees were disclosed on the final CD. Seller's CD in file and able to trace all fees, exception is satisfied

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1735: Co-Borrower has significant time at current job

- xxx Comments: Co-borrower has been with current employer since XXX.

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX% LTV is XXX% below the maximum allowable LTV of XXX%.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Credit score of XXX is xxx points above the minimum required score of xxx.

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX% DTI is below the maximum allowed DTI of XXX%.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Borrowers have $XXX available in reserves; $XXX in reserves required.

409018272

XXXXXX

QM: Safe Harbor (APOR)

Credit

DTI

Satisfied

CRDDTI2540

Missing verification of some or all components of non-subject PITI

File is missing documentation verifying additional $XXX monthly expenses listed on the final 1003 for the retained departure residence.

XXX Client provided Fraud report showing $XXX HOA dues on departure residence

Satisfied

(No Data)

Not Applicable

CFCFS1735: Co-Borrower has significant time at current job

- xxx Comments: Co-borrower has been with current employer since XXX.

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX% LTV is XXX% below the maximum allowable LTV of XXX%.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Credit score of XXX is xxx points above the minimum required score of xxx.

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX% DTI is below the maximum allowed DTI of XXX%.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Borrowers have $XXX available in reserves; $XXX in reserves required.

409018272

XXXXXX

QM: Safe Harbor (APOR)

Credit

Income/Employment

Satisfied

CRDINC2496

Verbal verification of employment completed outside the stated requirements and/or after closing/funding

File is missing a Verbal Verification of Employment (VVOE) performed no more than ten (10) business days prior to the Note date for the co-borrower. VVOE provided in the file is expired.

XXX Client provided VVOE dated XXX (post close dated) for B2

Condition satisfied

(No Data)

Not Applicable

CFCFS1735: Co-Borrower has significant time at current job

- xxx Comments: Co-borrower has been with current employer since XXX.

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX% LTV is XXX% below the maximum allowable LTV of XXX%.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Credit score of XXX is xxx points above the minimum required score of xxx.

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX% DTI is below the maximum allowed DTI of XXX%.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Borrowers have $XXX available in reserves; $XXX in reserves required.

409018277

XXXXXX

QM: Safe Harbor (APOR)

Compliance

Ability to Repay/Qualified Mortgage

Satisfied

CMPATRQM3220

TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; the loan file is missing documents to complete the ATR/QM review and render an accurate ATR/QM status.

Loan subject to Ability to Repay/Qualified Mortgage rule; the loan file is missing documents to complete the ATR/QM review and render an accurate ATR/QM status.B2 does not have 2 years of of base income or Overtime income as required per Guidelines. Provide documentation of new 2nd mortgage payment of XXX/month for XXX

XXX Client changed program Income calc meets FNMA GLS; and documentation of new 2nd mortgage payment of XXX/month for XXX

Satisfied

(No Data)

Not Applicable

CFCFS1739: Postive mortgage payment history

- xxx Comments: Borrower has XXX months of 0x30 on current mortgage

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX credit score

409018277

XXXXXX

QM: Safe Harbor (APOR)

Credit

Ability to Repay/Qualified Mortgage

Satisfied

CRDATRQM3124

TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; Lender did not provide an ATR/QM status determination.

Missing QM Determination

(No Data)

Not Applicable

CFCFS1739: Postive mortgage payment history

- xxx Comments: Borrower has XXX months of 0x30 on current mortgage

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX credit score

409018277

XXXXXX

QM: Safe Harbor (APOR)

Credit

Assets

Satisfied

CRDAST2670

Asset documentation is insufficient per guideline requirements

Provide additional bank statement for XXX (multiple accounts). 2 months required. Have XXX

XXX client provided the XXX XXX Statement

Satisfied

(No Data)

Not Applicable

CFCFS1739: Postive mortgage payment history

- xxx Comments: Borrower has XXX months of 0x30 on current mortgage

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX credit score

409018277

XXXXXX

QM: Safe Harbor (APOR)

Credit

DTI

Satisfied

CRDDTI105

Debt Ratio Exception 5% or Less

XXX DTI exceeds XXX. Lender DTI XXX. DTI due to rental income calculation. Review using new PITI for REO and XXX of lease. Loss of XXX/month. Lender used a loss of XXX/month.

XXX Client provided an LOX that they used XXX of Lease; Condition remains XXX of lease is required per GLsXXX Client provided an Email confirming XXX of lease was used to qualify; Condition remains XXX of lease is required per GLsXXX Client provided DUAI approval for DTI

Satisfied

(No Data)

Not Applicable

CFCFS1739: Postive mortgage payment history

- xxx Comments: Borrower has XXX months of 0x30 on current mortgage

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX credit score

409018277

XXXXXX

QM: Safe Harbor (APOR)

Credit

DTI

Satisfied

CRDDTI2540

Missing verification of some or all components of non-subject PITI

Provide documentation of new 2nd mortgage payment of XXX/month for XXX

XXX Client provided rental income calculation; still missing the 2nd mortgage statementXXX Client provided the closing instructions confirming payment XXX per month

Satisfied

(No Data)

Not Applicable

CFCFS1739: Postive mortgage payment history

- xxx Comments: Borrower has XXX months of 0x30 on current mortgage

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX credit score

409018277

XXXXXX

QM: Safe Harbor (APOR)

Credit

Income/Employment

Satisfied

CRDINC2408

Income verification does not meet guidelines

B2 does not have 2 years of of base income or Overtime income as required per Guidelines.

8/21 Client provided an Email that; Borrower has 6 months at prior employer and XXX months at current employer; Lender took a XXX month average; Condition remains; missing XXX year history of OT earnings XXX Client provided an Email that Borrower has 1 year OT at current employer and XXX months at prior employer; GLs requireXXX years at current employer. XXX Client changed the program to XXX, income calculation meets FNMA GLs

Satisfied

(No Data)

Not Applicable

CFCFS1739: Postive mortgage payment history

- xxx Comments: Borrower has XXX months of 0x30 on current mortgage

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX credit score

409018277

XXXXXX

QM: Safe Harbor (APOR)

Credit

Terms/Guidelines

Satisfied

CRDTER2548

Missing AUS or AUS errors present

DUAI 1 provided has incorrect loan amount, interest rate, Appraised value and PITIA: Provide a corrected DUAI with Loan amount of XXX rate XXX, Appraised value of XXX and PITIA of matching final 1003/1008

XXX Client provided updated DU AUS submission #2 with correct loan amount, interest rate, appraised value etc

Condition satisfied

(No Data)

Not Applicable

CFCFS1739: Postive mortgage payment history

- xxx Comments: Borrower has XXX months of 0x30 on current mortgage

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX credit score

409018280

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

Seller fees were able to be sourced from the sellers CD document. Consistent with the XXX, we are satisfying to 1/A.

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Qualifying credit score XXX

CFCFS1735: Co-Borrower has significant time at current job

- xxx Comments: Co Borrower at current employment for XXX years

CFCFS1737: LTV below guideline requirements

- xxx Comments: LTV XXX

409018280

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID3670

TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation

Zero tolerance in amount of XXX due to added Discount Points on initial CD XXX. Per XXX in file, rate was locked on XXX. Discount points were not disclosed to borrower within 3 days of findings. Condition is pending receiving PCD reflecting lenders cure, LOE to borrower, a copy of refund and proof of delivery via shipping that includes tracking information.

XXX Client provided a missing XXX COC with a XXX LE/Lock package.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Qualifying credit score XXX

CFCFS1735: Co-Borrower has significant time at current job

- xxx Comments: Co Borrower at current employment for XXX years

CFCFS1737: LTV below guideline requirements

- xxx Comments: LTV XXX

409018374

XXXXXX

QM: Safe Harbor (APOR)

Compliance

RESPA

Satisfied

CMPRESPA863

RESPA: Required Affiliate Business Disclosure missing

The file does not contain a copy of the Required Affiliate Business Disclosure.

XXX Client provided a signed LOE from Lender stating they do not have any affiliated business arrangements.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX DTI is below guideline maximum of XXX

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX credit score exceed guideline minimum of XXX.

CFCFS2860: Good credit history

- xxx Comments: No derogatory credit history in the past 24 months.

409018374

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID3670

TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation

Zero tolerance in amount of XXX due to added Survey fee in C. section on final CD XXX with no valid COC in file to support it. As survey services is not a shoppable service ( no provided is listed on SPL ), this fee is tested for XXX tolerance. Condition is pending receiving PCD reflecting lenders cure, LOE to borrower, a copy of refund and proof of delivery via shipping that includes tracking information

XXX Client provided the XXX CD tracking and LOE from Lender stating the XXX Survey fee was disclosed on the Initial CD sent XXX (screenshot provided shows the fee located in Section H). Condition remains. Per the SPL in file, there was no provider offered to the Borrower to shop for the Survey fee and there is no explanation for why the fee was moved from Section H to Section C on the Final CD. If the Survey fee was not offered as a shoppable fee, OR if the fee was not a requirement of Title or Lender, fee should be placed back in Section H as optional charge. Lender to provide further explanation, and if applicable, a corrected PCCD with LOE to Borrower.XXX Client provided an LOE from Lender, corrected XXX PCCD and LOE to borrower.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX DTI is below guideline maximum of XXX

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX credit score exceed guideline minimum of XXX.

CFCFS2860: Good credit history

- xxx Comments: No derogatory credit history in the past 24 months.

409018378

XXXXXX

QM: Safe Harbor (APOR)

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score; xxx required.

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX% DTI; XXX% max allowed.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Verified reserves of $XXX or XXX months PITI; $XXX or XXX months required.

409018380

XXXXXX

QM: Safe Harbor (APOR)

Compliance

Ability to Repay/Qualified Mortgage

Satisfied

CMPATRQM3220

TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; the loan file is missing documents to complete the ATR/QM review and render an accurate ATR/QM status.

Determine status upon review / receipt of full / complete XXX 1120s return

XXX Client provided the complete 1120s

Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

CFCFS1734: Borrower has significant time at current job

- xxx Comments: XXX+ years in business

409018380

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

Not all required seller-paid fees were disclosed on the final CD. Seller's CD in file and able to trace all fees, exception is satisfied

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

CFCFS1734: Borrower has significant time at current job

- xxx Comments: XXX+ years in business

409018380

XXXXXX

QM: Safe Harbor (APOR)

Credit

Income/Employment

Satisfied

CRDINC2496

Verbal verification of employment completed outside the stated requirements and/or after closing/funding

Missing third party documents referenced on VOE, page XXX combined file.Provide third party VOE, meeting requirements for B1 1120s.May be subject to additional conditions upon review.

XXX Client provided a 3rd party VOE

Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

CFCFS1734: Borrower has significant time at current job

- xxx Comments: XXX+ years in business

409018380

XXXXXX

QM: Safe Harbor (APOR)

Credit

Income/Employment

Satisfied

CRDINC3204

Income Documentation Missing

XXX 1120S is incomplete. Provide all pages / schedules / forms, including schedule reflecting Borrower's W2 wages.Subject to income recalc and may be subject to additional conditions upon review.

XXX Client provided the 1040s, complete 1120s and transcripts

Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

CFCFS1734: Borrower has significant time at current job

- xxx Comments: XXX+ years in business

409018387

XXXXXX

QM: Safe Harbor (APOR)

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX credit score exceed guideline minimum of XXX.

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX% DTI is below guideline maximum of XXX%

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX% LTV is below guideline maximum of XXX%

409018404

XXXXXX

QM: Safe Harbor (APOR)

Compliance

Ability to Repay/Qualified Mortgage

Satisfied

CMPATRQM3220

TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; the loan file is missing documents to complete the ATR/QM review and render an accurate ATR/QM status.

Loan subject to Ability to Repay/Qualified Mortgage rule; the loan file is missing documents to complete the ATR/QM review and render an accurate ATR/QM status.Missing CD from new mortgage on property at XXX XXX XXX XXX. showing nets proceeds in the amount of $XXX, payoff of current mortgage, and new monthly payment.

XXX Client provided executed Final CD from bridge loan on address: XXX XXX XXX XXX verifying Payment of $XXX and borrower receiving funds of $XXX Note: 1st lien for this property have a balance of $XXX with Wells Fargo (statement in file)

Condition satisfied

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job

- xxx Comments: Borrower has XXX years with current employer.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Post close reserves verified at $XXX, required reserves are $XXX.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Qualifying credit score of XXX exceeds guideline minimum score of XXX.

409018404

XXXXXX

QM: Safe Harbor (APOR)

Compliance

Compliance Manual

Satisfied

CMPMAN2956

Missing disclosure

Per Disclosure Tracking, a Loan Estimate was issued on XXX which is missing from the file.

XXX Client provided the missing Revised XXX LE.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job

- xxx Comments: Borrower has XXX years with current employer.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Post close reserves verified at $XXX, required reserves are $XXX.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Qualifying credit score of XXX exceeds guideline minimum score of XXX.

409018404

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

Not all required seller-paid fees were disclosed on the final CD. Seller's CD in file and able to trace all fees, exception is satisfied

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1734: Borrower has significant time at current job

- xxx Comments: Borrower has XXX years with current employer.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Post close reserves verified at $XXX, required reserves are $XXX.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Qualifying credit score of XXX exceeds guideline minimum score of XXX.

409018404

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID3670

TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation

Zero tolerance in the amount of $XXX as appraisal fee increased on CD XXX. COC dated XXX is present in the file; however, the corresponding disclosure is missing. As a result, the condition remains pending until the receipt of corresponding disclosure or PCD reflecting lender's cure, LOE issued to borrower, a copy of refund and proof of delivery including shipping details and tracking information.

XXX Client provided the missing Revised XXX LE.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job

- xxx Comments: Borrower has XXX years with current employer.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Post close reserves verified at $XXX, required reserves are $XXX.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Qualifying credit score of XXX exceeds guideline minimum score of XXX.

409018404

XXXXXX

QM: Safe Harbor (APOR)

Credit

Assets

Satisfied

CRDAST2354

Asset Verification In File is Incomplete Per Requirements

Missing CD from new mortgage on property at XXX XXX XXX XXX. showing nets proceeds in the amount of $XXX, payoff of current mortgage, and new monthly payment.

Condition satisfied

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job

- xxx Comments: Borrower has XXX years with current employer.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Post close reserves verified at $XXX, required reserves are $XXX.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Qualifying credit score of XXX exceeds guideline minimum score of XXX.

409018404

XXXXXX

QM: Safe Harbor (APOR)

Property Valuations

Appraisal

Satisfied

PRVAAPPR3116

Missing updated valuation

Missing CDA. CU Score in file XXX, guideline requires XXX and below.

XXX Client provided 3rd party CDA valuation supporting appraised value with XXX % variance

Condition satisfied

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job

- xxx Comments: Borrower has XXX years with current employer.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Post close reserves verified at $XXX, required reserves are $XXX.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Qualifying credit score of XXX exceeds guideline minimum score of XXX.

409018406

XXXXXX

QM: Safe Harbor (APOR)

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX% DTI is below guideline maximum of XXX%

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX% LTV is below guideline maximum of XXX%

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX credit score exceed guideline minimum of XXX.

409018408

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

Not all required seller-paid fees were disclosed on the final CD. Seller's CD in file and able to trace all fees, exception is satisfied

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements

- xxx Comments: LTV of XXX% is below guideline max LTV of XXX%.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Post close reserves are verified at $XXX, total required reserves are $XXX.

CFCFS1744: DTI below guideline requirement

- xxx Comments: DTI is at XXX, guideline max DTI is xxx.

409018408

XXXXXX

QM: Safe Harbor (APOR)

Property Valuations

Appraisal

Satisfied

PRVAAPPR3116

Missing updated valuation

Missing CDA. CU Score in file XXX, guideline requires XXX and below.

XXX Client provided 3rd party CDA valuation supporting appraised value with XXX%

Condition satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements

- xxx Comments: LTV of XXX% is below guideline max LTV of XXX%.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Post close reserves are verified at $XXX, total required reserves are $XXX.

CFCFS1744: DTI below guideline requirement

- xxx Comments: DTI is at XXX, guideline max DTI is xxx

409018432

XXXXXX

QM: Safe Harbor (APOR)

Compliance

Ability to Repay/Qualified Mortgage

Satisfied

CMPATRQM3220

TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; the loan file is missing documents to complete the ATR/QM review and render an accurate ATR/QM status.

Determine status upon review / receipt of the following:1. B1 VOE for current job does not reflect start date. Provide VOE Meeting guidelines. 2. B2 VOE for current job does not reflect start date. Provide VOE meeting guidelines. 3. B2 prior job VOE, page 439 combined file, states Inactive, but does not reflect required end date to source XXX month employment history. Provide VOE meeting guidelines.

XXX Client provided VVOE for both borrower current employment reflecting VVOE dates and provided VVOE for B2 prior employment

Condition satisfied

(No Data)

Not Applicable

CFCFS2854: Significant time in profession

- xxx Comments: B1: XXX years XXX months same line of workB2: XXX years XXX months same line of work

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

409018432

XXXXXX

QM: Safe Harbor (APOR)

Credit

Income/Employment

Satisfied

CRDINC2496

Verbal verification of employment completed outside the stated requirements and/or after closing/funding

1. B1 VOE for current job does not reflect start date. Provide VOE Meeting guidelines. 2. B2 VOE for current job does not reflect start date. Provide VOE meeting guidelines. 3. B2 prior job VOE, page XXX combined file, states Inactive, but does not reflect required end date to source XXX month employment history. Provide VOE meeting guidelines.* All may be subject to additional conditions upon review.

XXX Client provided VVOE for both borrower current employment reflecting VVOE dates and provided VVOE for B2 prior employment

Condition satisfied

(No Data)

Not Applicable

CFCFS2854: Significant time in profession

- xxx Comments: B1: XXX years XXX months same line of workB2: XXX years XXX months same line of work

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

409018432

XXXXXX

QM: Safe Harbor (APOR)

Credit

Terms/Guidelines

Satisfied

CRDTER2548

Missing AUS or AUS errors present

DU findings in file incorrectly reflect XXX.XXX owns a lien free REO.Please provide updated findings.May be subject to additional conditions upon review.

XXX Client provided an Email that they don't see xxx on the DU; Item # xxx reflects FTHB; provide a corrected DU XXX Client provided updated DU submission #xxxx removing FTHB

Condition satisfied

(No Data)

Not Applicable

CFCFS2854: Significant time in profession

- xxx Comments: B1: XXX years XXX months same line of workB2: XXX years XXX months same line of work

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

409018438

XXXXXX

QM: Safe Harbor (APOR)

CFCFS1736: Significant time at current residence

- xxx Comments: Borrower has XXX Years at Current Residence

CFCFS2854: Significant time in profession

- xxx Comments: Borrower has XXX Years in Current Profession

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Post Close Assets are $XXX or XXX months of PITIAGuidelines require XXX months or $XXX X 6 = $ XXX+ XXX Months for Additional REO or $ XXX X 3 = $ XXX

409018448

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

Not all required seller-paid fees were disclosed on the final CD. Seller's CD in file and able to trace all fees, exception is satisfied

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1736: Significant time at current residence

- xxx Comments: Borrowers have lived in the same residence for XXX years.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: $XXX reserves; $XXX * 6 = $XXX reserves required.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qual score; min XXX.

409018460

XXXXXX

QM: Safe Harbor (APOR)

Compliance

Ability to Repay/Qualified Mortgage

Satisfied

CMPATRQM3220

TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; the loan file is missing documents to complete the ATR/QM review and render an accurate ATR/QM status.

Missing evidence required to support borrower's XXX income qualified by the lender as outlined by FNMA including XXX from prior employment, current grant agreement and evidence of continuance.

XXX Client provided Lender LOX (in file pg XXX) along with prior employment XXX stock documentation and current employment stock documentation, XXX income used for qualifying is supported.

Condition satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qual score; min xxx.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: $XXX reserves; $XXX*12 + REOs $XXX*3= $XXX reserves required.

CFCFS2854: Significant time in profession

- xxx Comments: Borrower has been in the same profession for XXX years.

CFCFS1736: Significant time at current residence

- xxx Comments: Borrower has been at the same residence for XXX years.

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX% LTV; max XXX%.

409018460

XXXXXX

QM: Safe Harbor (APOR)

Compliance

RESPA

Satisfied

CMPRESPA863

RESPA: Required Affiliate Business Disclosure missing

Missing Affiliate Business Disclosure

XXX Client provided a signed letter attesting to no Affiliates were used in connection with this loan transaction.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qual score; min xxx.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: $XXX reserves; $XXX*12 + REOs $XXX*3= $XXX reserves required.

CFCFS2854: Significant time in profession

- xxx Comments: Borrower has been in the same profession for XXX years.

CFCFS1736: Significant time at current residence

- xxx Comments: Borrower has been at the same residence for XXX years.

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX% LTV; max XXX%.

409018460

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

Not all required seller-paid fees were disclosed on the final CD. Seller's CD in file and able to trace all fees, exception is satisfied

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qual score; min XXX.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: $XXX reserves; $XXX*12 + REOs $XXX*3= $XXX reserves required.

CFCFS2854: Significant time in profession

- xxx Comments: Borrower has been in the same profession for XXX years.

CFCFS1736: Significant time at current residence

- xxx Comments: Borrower has been at the same residence for XXX years.

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX% LTV; max XXX%.

409018460

XXXXXX

QM: Safe Harbor (APOR)

Credit

Income/Employment

Satisfied

CRDINC3204

Income Documentation Missing

Missing evidence to support lender's XXX Income calculation as required by FNMA (XXX AUS refers to fnma) including future vesting equal or greater than previous vesting and continuance of at least XXXmo. or XXX income received for previous XXX years. Lender must also document evidence stock is publicly traced, current vesting schedule reflecting past and future vesting, bank statement showing receipt of previous years distribution of rsu and at a minimum the number of vested shares or cash equivalent. Loan file reflects lender requesting XXX/XXX EOY pay stubs from previous employer and the XXX notice dated XXX. Loan file also shows borrower uploaded pdf documents not accessible by review (pg. XXX).

XXX Client provided Lender LOX (in file pg XXXX) along with prior employment XXX stock documentation and current employment stock documentation, XXX income used for qualifying is supported.

Condition satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qual score; min XXX.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: $XXX reserves; $XXX*12 + REOs $XXX*3= $XXX reserves required.

CFCFS2854: Significant time in profession

- xxx Comments: Borrower has been in the same profession for XXX years.

CFCFS1736: Significant time at current residence

- xxx Comments: Borrower has been at the same residence for XXX years.

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX% LTV; max XXX%.

409018491

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

Not all required seller-paid fees were disclosed on the final CD. Seller's CD in file and able to trace all fees, exception is satisfied

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Credit score of XXX is XXX points above the minimum required score of XXX.

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX DTI is below the maximum allowed DTI of XXX

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Borrowers have XXX available in reserves; XXX in reserves required.

CFCFS1734: Borrower has significant time at current job

- xxx Comments: Borrower has been with current employer since XXX.

CFCFS1735: Co-Borrower has significant time at current job

- xxx Comments: Co-borrower has been with current employer since XXX.

409018491

XXXXXX

QM: Safe Harbor (APOR)

Credit

Title

Satisfied

CRDTIL875

Title Does Not Agree With Mortgage

Preliminary title, flood certification, appraisal and other loan documentation show property located in county of XXX. Mortgage shows county of XXX. A corrected mortgage will be required.

XXX Client provided an Email requesting clarification; Upon review; provide a scriveners affidavit with intent to record the affidavitXXX Client provided Lender LOX stating, all throughout the file including the Mortgage Deed of Trust, the assessors Parcel # reflects XXX County. The mortgage Deed of Trust is also recorded in XXX County. Since the APN # is correct throughout the file to included the Mortgage Deed of Trust Client will accept the mortgage Deed of Trust as is, since the APN # referenced on the Mortgage Deed of Trust is the official indicator of the county, XXX. Response, While the Assessor's Parcel Number (APN) helps identify a property, it is not the official legal description. The correct county name is required because the deed of trust must be properly recorded in the public records of the county where the property is located to be enforceable. Condition remains: Lender can provide a Scriveners affidavit with intent to re-record the affidavit with correct County of XXX being reflected on Mortgage Deed of Trust. XXX Client provided Lender LOX stating will make necessary arrangements to re-record the Deed of Trust which includes: Corrected County to XXX on page 4 of the Deed of Trust to be initialed by Borrower and reacknowledged with Notary and re-recorded, however Letter do not specify/identify subject address, nor borrower name nor Client loan number. Condition remains for LOX to also include identifying this transaction: Borrower name, subject address, etc. XXX Client provided updated executed and notarized, recorded Deed of Trust reflecting corrected County of XXX

Condition satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Credit score of XXX is XXX points above the minimum required score of XXX.

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX DTI is below the maximum allowed DTI of XXX

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Borrowers have XXX available in reserves; XXX in reserves required.

CFCFS1734: Borrower has significant time at current job

- xxx Comments: Borrower has been with current employer since XXX.

CFCFS1735: Co-Borrower has significant time at current job

- xxx Comments: Co-borrower has been with current employer since XXX.

409018496

XXXXXX

QM: Safe Harbor (APOR)

Credit

Income/Employment

Satisfied

CRDINC3204

Income Documentation Missing

Missing income calculation worksheet or 1008 with income calculation required for review analysis.

9/4 Client provided the 1008

Satisfied

(No Data)

Not Applicable

CFCFS2854: Significant time in profession

- xxx Comments: Borrowers have been in their respective professions for XXX and XXX years.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: XXX effective/reserves; XXX*12= XXX reserves required.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qual score; min XXX.

CFCFS1740: Mortgage payment history exceeds guidelines

- xxx Comments: XXXmo. 0x30 mortgage payment history; 0x30x24 required.

409018505

XXXXXX

QM: Safe Harbor (APOR)

CFCFS1744: DTI below guideline requirement

- xxx Comments: DTI XXX%

CFCFS1734: Borrower has significant time at current job

- xxx Comments: Borrower at current employment XXX years

409018522

XXXXXX

QM: Safe Harbor (APOR)

Compliance

Right of Rescission

Waived

CMPROR1909

Incorrect ROR Form Used - H8 Form Used in Refinance With Original Creditor

Per title commitment in file, loan originated with same lender. Incorrect ROR H-8 Form Used in Refinance with Original Creditor

XXX Client provided an exception approval for using incorrect ROR form

XXX Initial and final grade 2/B

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: $XXX reserves; $XXX * XXX= $XXX reserves required.

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX% LTV; max XXX%.

CFCFS2860: Good credit history

- xxx Comments: Borrowers have no public records/BKs, XXX x XXX payment history since inception XXX and prior XXX x XXX x XXX mortgage payment history.

409018522

XXXXXX

QM: Safe Harbor (APOR)

Credit

Credit/Mtg History

Waived

CRDCRMH183

Credit report incomplete

Credit reports with bureaus identified as frozen are required to be unfrozen and a current credit report with all bureaus unfrozen is required; XPN frozen on CR XXX.

XXX Client provided Lender Letterhead requesting exception for the one frozen credit score. Response, condition remains XXX Client provided an approved exception to allow the file with 1 frozen bureau XPN

Upon review by xxx XXX XXX, Condition is a Non Material B grade; Low LTV, Borrower credit score exceeds min required

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: $XXX reserves; $XXX * XXX= $XXX reserves required.

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX% LTV; max XXX%.

CFCFS2860: Good credit history

- xxx Comments: Borrowers have no public records/BKs, XXX x XXX payment history since inception XXX and prior XXX x XXX x XXX mortgage payment history.

409018528

XXXXXX

QM: Safe Harbor (APOR)

Compliance

Right of Rescission

Waived

CMPROR1909

Incorrect ROR Form Used - H8 Form Used in Refinance With Original Creditor

Per title commitment in file, loan originated with same lender. Incorrect ROR H-8 Form Used in Refinance with Original Creditor

XXX Client provided an exception approval for using incorrect ROR form

XXX Initial and final grade 2/B

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: High Credit XXX Guidelines allow XXX

CFCFS2854: Significant time in profession

- xxx Comments: Borrower has XXX Years in Current Profession

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Post Close Assets are $XXX; Guidelines require XXX months or $XXX X XX = $XXX

409018528

XXXXXX

QM: Safe Harbor (APOR)

Credit

Credit/Mtg History

Satisfied

CRDCRMH123

No evidence of required debt payoff

Missing payoff statement reflecting payoff to XXXX for $XXX as reflected on Post Close CD dated XXX. Payoff statement provided reflects payoff amount as $XXX as of XXX and is good through XXX. Single Ledger Balance Report (pg. XXX) reflects outgoing wire dated XXX to Shellpoint Mortgage Servicing for payoff of 1st Mortgage for $XXX.

XXX client provided the payoff letter

Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: High Credit XXX Guidelines allow XXX

CFCFS2854: Significant time in profession

- xxx Comments: Borrower has XXX Years in Current Profession

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Post Close Assets are $XXX; Guidelines require XXX months or $XXX X XX = $XXX

409018593

XXXXXX

QM: Safe Harbor (APOR)

CFCFS1744: DTI below guideline requirement

- xxx Comments: DTI Actual / Max XXX

CFCFS1737: LTV below guideline requirements

- xxx Comments: LTV XXX

409018594

XXXXXX

QM: Safe Harbor (APOR)

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: High Credit XXX Guidelines allow XXX

CFCFS2854: Significant time in profession

- xxx Comments: Borrower has XXX Years in Current Profession

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Post Close Assets are $XXX or $XXX months of PITIA Guidelines require XXX months or $XXX x XXX = $XXX

409018606

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

Not all required seller-paid fees were disclosed on the final CD. Seller's CD in file and able to trace all fees, exception is satisfied

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX% LTV; XXX% max allowed.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score; XXX required.

409018617

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

Not all required seller-paid fees were disclosed on the final CD. Seller's CD in file and able to trace all fees, exception is satisfied

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score; XXX required.

CFCFS2854: Significant time in profession

- xxx Comments: B1 has XXX years in profession.

409018619

XXXXXX

QM: Safe Harbor (APOR)

Compliance

Compliance Manual

Satisfied

CMPMAN2956

Missing disclosure

CD XXX and CD XXX are the only disclosures in file. Per Docutech tracking in file, a revised CD XXX and CD XXX were issued but are missing for testing.

XXX Client provided the missing XXX and XXX CDs.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Borrower has XXX months PITIA in reserves.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX Median FICO XXX points above guideline program minimum of XXX.

409018619

XXXXXX

QM: Safe Harbor (APOR)

Compliance

RESPA

Satisfied

CMPRESPA2698

RESPA - List of homeowners counseling organizations not in file

List of homeowners counseling organizations not in file

XXX Client provided the missing XXX HC List.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Borrower has XXX months PITIA in reserves.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX Median FICO XXX points above guideline program minimum of XXXX.

409018619

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

Seller-paid fees that should be disclosed in Sections C & H are not disclosed on Final CD XXX; Seller's CD in file & able to test; Condition Satisfied.

(No Data)

Condition Satisfied.

Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Borrower has XXX months PITIA in reserves.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX Median FICO XXX points above guideline program minimum of XXX.

409018619

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID3670

TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation

Condition triggered due to missing LE(s) including, but not limiting to, Written List of Providers and any Change of Circumstances for correct fee allocation and testing.

XXX Client provided the missing XXX Initial LE, SPL and XXX Revised LE. Re-testing results in a XXX tolerance violation that was cured via Lender Credit at Closing.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Borrower has XXX months PITIA in reserves.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX Median FICO XXX points above guideline program minimum of XXX.

409018619

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID3676

TRID - CD: Ten percent tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation.

Condition triggered due to missing LE(s) including, but not limiting to, Written List of Providers and any Change of Circumstances for correct fee allocation and testing.

XXX Client provided the missing XXX Initial LE, SPL and XXX Revised LE. Re-testing results in no violation.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Borrower has XXX months PITIA in reserves.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX Median FICO XXX points above guideline program minimum of XXX.

409018619

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID3750

TRID - Error #10 discovered on Closing Disclosure

Final CD XXX, section H on page 2 - Title Endorsements fees and Title XXXX Guaranty fee are present but as part of (non optional) title fees they should be in B. section for correct testing. Condition is pending receiving corrected PCD and LOE to borrower.

XXX Client provided a XXX PCCD moving the additional Title fees up to Section B. Re-testing results in no XXX tolerance violation. Condition remains for the LOE to Borrower.XXX Client provided rebuttal stating PCCD is acceptable. Reviewed by Sr. Operations Mgr and accepted.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Borrower has XXX months PITIA in reserves.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX Median FICO XXX points above guideline program minimum of XXX.

409018619

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID3494

TRID - Loan Estimate Missing

Initial LE, and if applicable any revised LE(s), missing in file.

XXX Client provided the missing XXX Initial LE, SPL and XXX Revised LE.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Borrower has XXX months PITIA in reserves.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX Median FICO XXX points above guideline program minimum of XXX.

409018709

XXXXXX

QM: Safe Harbor (APOR)

Credit

Income/Employment

Satisfied

CRDINC2488

Verbal verification of employment missing

XXX Client provided post close dated 9XXX SOS for business

Condition satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX% LTV; max XXX%.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: $XXX reserves; $XXX*XXX + REO XXX*XXX= $1XXXreserves required.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qual score; min XXX

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX% DTI; max XXX%.

409018709

XXXXXX

QM: Safe Harbor (APOR)

Credit

Title

Satisfied

CRDTIL100

Potential title issue

Missing updated title evidence reflecting the correct loan amount of $XXX; commitment provided reflects $XXX.

XXX Client provided updated title with correct proposed amount of insurance $XXX

Condition satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX% LTV; max XXX%.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: $XXX reserves; $XXX*XXX + REO XXX*XXX= $1XXXreserves required.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qual score; min XXX

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX% DTI; max XXX%.

409018724

XXXXXX

QM: Safe Harbor (APOR)

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Qualifying credit score of XXX exceeds guideline minimum credit score of XXX.

CFCFS1749: Additional documented income not used in qualifying

- xxx Comments: B2 shows bonus income of $XXX that was not used to qualify.

CFCFS1734: Borrower has significant time at current job

- xxx Comments: B1 has been XXXXXX years, B2 has been with current employer XXX XXX years and XXX XXX years.

409018735

XXXXXX

QM: Safe Harbor (APOR)

Compliance

RESPA

Satisfied

CMPRESPA2698

RESPA - List of homeowners counseling organizations not in file

Missing list of homeowners counseling organizations.

XXX Client provided the missing HC List.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence

- xxx Comments: Borrower has XXX Years at Current Residence

CFCFS2854: Significant time in profession

- xxx Comments: Borrower has XXX Years in Current Profession

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Post Close Assets are XXX or XXX months of PITIA.Guidelines require XXX months or XXX X 12 = XXX

409018735

XXXXXX

QM: Safe Harbor (APOR)

Compliance

RESPA

Satisfied

CMPRESPA863

RESPA: Required Affiliate Business Disclosure missing

Missing Affiliate Business Disclosure/ FACTS in file

XXX Client provided a signed LOE from the XXX of Closing stating they do not have any ABA arrangements.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence

- xxx Comments: Borrower has XXX Years at Current Residence

CFCFS2854: Significant time in profession

- xxx Comments: Borrower has XXX Years in Current Profession

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Post Close Assets are XXX or XXX months of PITIA.Guidelines require XXX months or XXX X 12 = XXX

409018735

XXXXXX

QM: Safe Harbor (APOR)

Credit

Insurance

Satisfied

CRDINSR289

Insufficient Hazard Insurance Coverage

HOI Dwelling Coverage = XXXNote Amount = XXX

XXX Client provided copy of HOI estimated replacement cost worksheet

Condition satisfied

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence

- xxx Comments: Borrower has XXX Years at Current Residence

CFCFS2854: Significant time in profession

- xxx Comments: Borrower has XXX Years in Current Profession

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Post Close Assets are XXX or XXX months of PITIA.Guidelines require XXX months or XXX X 12 = XXX

409018735

XXXXXX

QM: Safe Harbor (APOR)

Credit

Terms/Guidelines

Satisfied

CRDTER2548

Missing AUS or AUS errors present

Missing AUS.Additional conditions may apply

XXX Client provided LOX requesting re-review to XXX 30 YR vs AUS. Condition remains for lock as XXX 30 YR XXX Client provided copy of lock confirmation for XXX 30 YR

Condition satisfied

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence

- xxx Comments: Borrower has XXX Years at Current Residence

CFCFS2854: Significant time in profession

- xxx Comments: Borrower has XXX Years in Current Profession

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Post Close Assets are XXX or XXX months of PITIA.Guidelines require XXX months or XXX X 12 = XXX

409018735

XXXXXX

QM: Safe Harbor (APOR)

Property Valuations

Appraisal

Satisfied

PRVAAPPR3116

Missing updated valuation

Missing updated valuation to support XXX Appraised Value

XXX Client provided LOX stating CU Score of < XXX was used. Response, not found in file please provide. XXX Client provided the CU Score of XXX

Condition satisfied

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence

- xxx Comments: Borrower has XXX Years at Current Residence

CFCFS2854: Significant time in profession

- xxx Comments: Borrower has XXX Years in Current Profession

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Post Close Assets are XXX or XXX months of PITIA.Guidelines require XXX months or XXX X 12 = XXX

409018738

XXXXXX

QM: Safe Harbor (APOR)

Compliance

Ability to Repay/Qualified Mortgage

Satisfied

CMPATRQM3220

TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; the loan file is missing documents to complete the ATR/QM review and render an accurate ATR/QM status.

Determine status upon review / receipt of missing income and missing HOA documentation.

XXX Client provided full complete copy of XXX 1040s and 1120S for business LLL Investments and income calculation being used by Lender is supported with the returns, the XXX 1040's both have been amended with Transcripts in file, file also have signatures of 1040 and 1120S

Condition satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

CFCFS1739: Postive mortgage payment history

- xxx Comments: 0 x 30 for XXX months

409018738

XXXXXX

QM: Safe Harbor (APOR)

Credit

Assets

Satisfied

CRDAST3036

Assets reflect unsourced deposits

Provide sufficient documentation to sourced the following deposits.Subject to asset recalc and may be subject to additional conditions upon review.1. Bank of XXX #XXX: a. XXX XXXb. XXX XXXc. XXX XXXd. XXX XXXe. XXX XXX

XXX Client provided Lender LOX stating, these are income deposits from the entity that provides income that is reported under borrower's XXX reported to XXX, currently used for qualifying. Borrower is a licensed XXX with XXX, see screen shot of the print out. Response, documentation was provided to support (appears to be some duplicate in file documentation) and balance used for this account #XXX is $XXX

Condition satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

CFCFS1739: Postive mortgage payment history

- xxx Comments: 0 x 30 for XXX months

409018738

XXXXXX

QM: Safe Harbor (APOR)

Credit

Credit/Mtg History

Satisfied

CRDCRMH1805

Debts/obligations not disclosed/accounted for at origination

Provide sufficient documentation supporting $XXX monthly HOA on subject property, as reflected on 1008.Subject to DTI and reserves recalc and may be subject to additional conditions upon review.

XXX Client provided some loan documents however nothing pertaining to this condition. Condition remains to verify $XXX HOA on subject property. XXX Client provided copy of appraisal with no monthly HOA and provided updated 1008 removing the monthly HOA of $XXX

Condition satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

CFCFS1739: Postive mortgage payment history

- xxx Comments: 0 x 30 for XXX months

409018738

XXXXXX

QM: Safe Harbor (APOR)

Credit

Income/Employment

Satisfied

CRDINC2496

Verbal verification of employment completed outside the stated requirements and/or after closing/funding

VOE in file references Regulatory 'XXXX SOS' which is not present in file.Provide third party VOE for B1 1120s meeting XXX requirements.May be subject to additional conditions upon review.

XXX Client provided SOS dated XXX for XXX for B1 1120s

Condition satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

CFCFS1739: Postive mortgage payment history

- xxx Comments: 0 x 30 for XXX months

409018738

XXXXXX

QM: Safe Harbor (APOR)

Credit

Income/Employment

Satisfied

CRDINC888

Income Amount is Unsupported by Documentation in File

Provide signed and dated XXX and XXX 1120s XXX returns and K1's.Subject to full income recalc and may be subject to additional conditions upon review.

XXX Client provided two (2) copies of XXX 1120S XXX however appears to also need full complete copy of XXX 1120S XXX for income calculation and a separate condition on file for the XXX 1040's in which all is needed together for income calculation. Condition remains for copy of XXX 1120S XXX for income calc. File have signed dated page 1 of XXX 1120S (pg XXX) Note: file have alot of blank pages XXX Client provided full complete copy of XXX 1040s and 1120S for business LLL Investments and income calculation being used by Lender is supported with the returns, the XXX 1040's both have been amended with Transcripts in file.

Condition satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

CFCFS1739: Postive mortgage payment history

- xxx Comments: 0 x 30 for XXX months

409018738

XXXXXX

QM: Safe Harbor (APOR)

Credit

Income/Employment

Satisfied

CRDINC2408

Income verification does not meet guidelines

Provide signed and dated XXX and XXX 1040s and all supporting schedules.Subject to full income recalc and may be subject to additional conditions upon review.

XXX Client provided signed dated 2023/2024 however missing full complete copy of 2024/2023 for B1 XXX income calculation. Condition remains for full complete copies of 2024/2023 1040's for B1 XXX. XXX Client provided full complete copy of 2024/2023 1040s and 1120S for business LLL Investments and income calculation being used by Lender is supported with the returns, the 2024/2023 1040's both have been amended with Transcripts in file, file also have signatures of 1040's and 1120S

Condition satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

CFCFS1739: Postive mortgage payment history

- xxx Comments: 0 x 30 for XXX months

409018738

XXXXXX

QM: Safe Harbor (APOR)

Credit

Terms/Guidelines

Satisfied

CRDTER3122

Loan documents do not meet guideline requirements

Per Underwriter Summary, page XXX combined file: "New cstr. Borr purchased XXX XXX."Provide documentation that confirms monthly $XXX property tax is on new construction vs on bare lot.Subject to DTI and reserves recalc and may be subject to additional conditions upon review.

XXX Client provided copy of tax bill supporting $XXX for XXX acres lot:XXX - XXX

Condition satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

CFCFS1739: Postive mortgage payment history

- xxx Comments: 0 x 30 for XXX months

409018738

XXXXXX

QM: Safe Harbor (APOR)

Property Valuations

Appraisal

Satisfied

PRVAAPPR4789

Appraisal Deficiency

Rate term refi. Note date XXX.Title reflects Purchase date of XXX.Appraisal reflects both a. purchase date of XXX and b. that the subject has not been listed in the last XXX months.Appraiser to provide clarifications and / or corrections on discrepancies.May be subject to additional conditions upon review.

XXX Client provided updated appraisal with corrections of prior purchase info (on 1st page of appraisal)

Condition satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

CFCFS1739: Postive mortgage payment history

- xxx Comments: 0 x 30 for XXX months

409018750

XXXXXX

QM: Safe Harbor (APOR)

Compliance

Ability to Repay/Qualified Mortgage

Satisfied

CMPATRQM3220

TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; the loan file is missing documents to complete the ATR/QM review and render an accurate ATR/QM status.

Determine status upon review / receipt of missing income docs

XXX Client provided income documents

Condition satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

CFCFS1734: Borrower has significant time at current job

- xxx Comments: > XXX years at job

CFCFS1744: DTI below guideline requirement

- xxx Comments: DTI Actual / MaxXXX

409018750

XXXXXX

QM: Safe Harbor (APOR)

Compliance

RESPA

Satisfied

CMPRESPA863

RESPA: Required Affiliate Business Disclosure missing

Missing Affiliate Business Disclosure.

XXX Client provided a 2020 LOE/Affiliate Statement from XXX. Condition remains. The Lender on the Note is XXX. Provide the ABD for XXX or a current, signed attestation from XXX that states they have no Affiliates.XXX Client provided a duplicate copy of a 2020 LOE/Affiliate Statement from XXX. Condition remains. The Lender on the Note is XXX. Provide the ABD for XXX or provide a current, signed attestation (for this transaction) from XXX that states they have no Affiliates.XXX Client provided an Affiliates list on XXX letterhead.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

CFCFS1734: Borrower has significant time at current job

- xxx Comments: > XXX years at job

CFCFS1744: DTI below guideline requirement

- xxx Comments: DTI Actual / MaxXXX

409018750

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

CFCFS1734: Borrower has significant time at current job

- xxx Comments: > XXX years at job

CFCFS1744: DTI below guideline requirement

- xxx Comments: DTI Actual / MaxXXX

409018750

XXXXXX

QM: Safe Harbor (APOR)

Credit

Assets

Satisfied

CRDAST206

Asset Amounts Are Unsupported by Documentation in File

Provide sufficient documentation to source the the following deposits. May be subject to additional conditions upon review. 1. XXX XXX in XXX #XXX2. XXX XXX in XXX#XXX

XXX Client provided copy of business bank statement for each business verifying the source of the requested deposits

Condition satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

CFCFS1734: Borrower has significant time at current job

- xxx Comments: > XXX years at job

CFCFS1744: DTI below guideline requirement

- xxx Comments: DTI Actual / MaxXXX

409018750

XXXXXX

QM: Safe Harbor (APOR)

Credit

Income/Employment

Satisfied

CRDINC888

Income Amount is Unsupported by Documentation in File

Provide liquidity worksheet for XXX.Subject to income recalc and may be subject to additional conditions upon review.

XXX Client provided copy of liquidity worksheet for XXX (passing)

Condition satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

CFCFS1734: Borrower has significant time at current job

- xxx Comments: > XXX years at job

CFCFS1744: DTI below guideline requirement

- xxx Comments: DTI Actual / MaxXXX

409018750

XXXXXX

QM: Safe Harbor (APOR)

Credit

Income/Employment

Satisfied

CRDINC2408

Income verification does not meet guidelines

Provide XXX W2's.Subject to income recalc and may be subject to additional conditions upon review.

XXX Client provided 2024 w2's for 3 employment (XXX, XXX and XXX)

Condition satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

CFCFS1734: Borrower has significant time at current job

- xxx Comments: > XXX years at job

CFCFS1744: DTI below guideline requirement

- xxx Comments: DTI Actual / MaxXXX

409018750

XXXXXX

QM: Safe Harbor (APOR)

Credit

Income/Employment

Satisfied

CRDINC3204

Income Documentation Missing

Provide income documentation source for 'other' income of XXX on final 1003.Subject to income recalc and may be subject to additional conditions upon review.

XXX Client provided copy of Lender Cash Flow Income analysis with calculation of loss XXX coming from XXX

Condition satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

CFCFS1734: Borrower has significant time at current job

- xxx Comments: > XXX years at job

CFCFS1744: DTI below guideline requirement

- xxx Comments: DTI Actual / MaxXXX

409018750

XXXXXX

QM: Safe Harbor (APOR)

Credit

Income/Employment

Satisfied

CRDINC3258

Missing Profit and Loss statement for one or more Self Employed borrowers

Provide complete XXX YTD PL's for XXX and XXX.All XXX and XXX PLs for all businesses must be signed and dated; please provide.Subject to income recalc and may be subject to additional conditions upon review.

XXX Client provided signed dated XXX P/L's for all 3 businesses: XXX and XXX and XXX

Condition satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

CFCFS1734: Borrower has significant time at current job

- xxx Comments: > XXX years at job

CFCFS1744: DTI below guideline requirement

- xxx Comments: DTI Actual / MaxXXX

409018750

XXXXXX

QM: Safe Harbor (APOR)

Property Valuations

Appraisal

Satisfied

PRVAAPPR173

Comp Photos Unacceptable

Appraiser to provide missing photos for Comp 1 and 3.May be subject to additional conditions upon review.

XXX Client provided the Comp photos

Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

CFCFS1734: Borrower has significant time at current job

- xxx Comments: > XXX years at job

CFCFS1744: DTI below guideline requirement

- xxx Comments: DTI Actual / MaxXXX

409018753

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

Seller-Paid fees indicated on Seller CD are not disclosed on page 2 of the Borrowers Final CD.

(No Data)

Condition satisfied. File contains the Seller CD and Final Settlement Statement reflecting the Seller paid fees. Charges were included in the fee testing with no violation.

Numeric

Not Applicable

CFCFS2854: Significant time in profession

- xxx Comments: Borrower has been in the same profession for XXX years.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qual score; min XXX.

CFCFS1740: Mortgage payment history exceeds guidelines

- xxx Comments: XXmo. 0x30 mortgage payment history; 0x30x24 required.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: XXX reserves; XXX*9= XXX reserves required.

409018753

XXXXXX

QM: Safe Harbor (APOR)

Credit

DTI

Satisfied

CRDDTI106

Debt Ratio Exception >5% and <10%

DTI is XXX Lender DTI XXX and with review of lender calculation worksheet (that was provided) appear Lender is using a XXX month average of w2 for Year XXX vs XXX months average in total calculation. Lender worksheet reflect w2 income of XXX for XXX months average = XXX (not being used by DD Firm), using the w2 amount for XXX in the income calculation, not using XXX months for w2 income. This is the difference in DTI this w2 income for Year XXX being averaged over XXX months vs XXX months in calculation. See Lender worksheet (last page)

XXX Client appears to have provided a new calculated Cash Flow Income for 2nd job XXX with now removing mortgages due less than XXX year and removing other income, prior Analysis reflect these calculation. DTI condition remains, (a). need to support reason for omission of mortgage due less than XXX year (for both years XXX/XXX) and (b). need to support reason for omission of other income for both years XXX/XXXX (line #4 on 1120S business returns), (c). also note the other income don't appear to be ongoing and was not listed on YTD P/L in file. DTI of XXX remainsXXX Client provided CPA LOX stating notes payable less than a year is the balance of the business credit card, and CPA LOX stating income on line #4 description was for auto trade-ins for a new automobile. Response, (a). regarding notes payable less than a year, stating is balance of the business credit card, will need from CPA verifying if this note payable less than a year roll over from year to year or will need to be considered in income calculation (b). other income #XXX (line #4) to be considered in income calculation this is not recurring income, auto trade-ins for a new automobile. DTI XXX currently remains Note: If CPA (Hurt) can verify less than XXX year notes payable roll over year to year, can be removed from income calculation and DTI would be slightly under XXX, CPA LOX only states that this is the balance of the business credit card, need to know if it rolls over year to year, due to being less than one year. XXX client provided a CPA LOX that Credit card balance rolls over from Year to Year

Satisfied

(No Data)

Not Applicable

CFCFS2854: Significant time in profession

- xxx Comments: Borrower has been in the same profession for XXX years.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qual score; min XXX.

CFCFS1740: Mortgage payment history exceeds guidelines

- xxx Comments: XXmo. 0x30 mortgage payment history; 0x30x24 required.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: XXX reserves; XXX*9= XXX reserves required.

409018753

XXXXXX

QM: Safe Harbor (APOR)

Credit

Income/Employment

Satisfied

CRDINC2488

Verbal verification of employment missing

Missing verification of the existence of borrowers XXX to be verified through a third-party source and be no more than XXX (XXX) calendar days prior to the Note date XXX. Third party verification can be from a CPA, regulatory agency or applicable licensing bureau. A borrowers website is not acceptable third-party source.

XXX Client provided SOS dated XXX and post close dated XXX for business: XXX

Condition satisfied

(No Data)

Not Applicable

CFCFS2854: Significant time in profession

- xxx Comments: Borrower has been in the same profession for XXX years.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qual score; min XXX.

CFCFS1740: Mortgage payment history exceeds guidelines

- xxx Comments: XXmo. 0x30 mortgage payment history; 0x30x24 required.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: XXX reserves; XXX*9= XXX reserves required.

409018753

XXXXXX

QM: Safe Harbor (APOR)

Credit

Income/Employment

Satisfied

CRDINC3204

Income Documentation Missing

Missing lender's FNMA 1084 or equivalent required for XXX income analysis of the qualifying income.

XXX Client provided Cash Flow Income Analysis however income differ, see DTI condition

Condition satisfied

(No Data)

Not Applicable

CFCFS2854: Significant time in profession

- xxx Comments: Borrower has been in the same profession for XXX years.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qual score; min XXX.

CFCFS1740: Mortgage payment history exceeds guidelines

- xxx Comments: XXmo. 0x30 mortgage payment history; 0x30x24 required.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: XXX reserves; XXX*9= XXX reserves required.

409018763

XXXXXX

QM: Safe Harbor (APOR)

Credit

Terms/Guidelines

Waived

CRDTER3122

Loan documents do not meet guideline requirements

XXX granted an exception on XXX for borrower to close in blind Trust named XXX XXX XXX XXX of which XXX XXX will be the main trustee to sign all recordable documents including the deed of trust/mortgage. Borrower to sign all notes and be personally responsible for the loan.

Clients provided exception approval for loan closing in trust

xxxs final grade B

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX credit score exceed guideline minimum of XXX

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX% DTI is below guideline maximum requirement of XXX%

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX% LTV is below guideline maximum requirement of XXX%

409018766

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

The Final Closing Disclosure does not reflect all the required seller-paid fees.

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX% is below guideline maximum of XXX%

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX credit score exceed guideline minimum of XXX

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX% LTV is below guideline maximum of XXX%

409018823

XXXXXX

QM: Safe Harbor (APOR)

Compliance

RESPA

Satisfied

CMPRESPA2704

RESPA - List of homeowners counseling organizations not compliant

File is missing Pages 2 and 4 of the Homeowners Counseling Organization List. Provide complete copy.

XXX Client provided missing complete Homeowners Counseling Organization List dated XXX.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Qualifying credit score of XXX exceeds guideline minimum credit score of XXX.

CFCFS1744: DTI below guideline requirement

- xxx Comments: DTI of XXX is lower than the guideline max

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Post close reserves verified at $XXX, required reserves are $XXX.

409018823

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

Not all required seller-paid fees were disclosed on the final CD. Seller's CD in file and able to trace all fees, exception is satisfied

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Qualifying credit score of XXX exceeds guideline minimum credit score of XXX.

CFCFS1744: DTI below guideline requirement

- xxx Comments: DTI of XXX is lower than the guideline max

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Post close reserves verified at $XXX, required reserves are $XXX.

409018834

XXXXXX

QM: Safe Harbor (APOR)

Compliance

Ability to Repay/Qualified Mortgage

Satisfied

CMPATRQM3220

TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; the loan file is missing documents to complete the ATR/QM review and render an accurate ATR/QM status.

Missing pension statement to verify monthly income in the amount of $XXXX.

XXX Client provided pension statements dated XXX supporting receipt of two pensions payment ($XXX + $XXX) for total of $XXX

Condition satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX credit score exceed guideline minimum of XXX.

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX% DTI is below guideline maximum of XXX%

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Cash reserves of $XXX or XXX PITI reserves exceed guideline

409018834

XXXXXX

QM: Safe Harbor (APOR)

Credit

Income/Employment

Satisfied

CRDINC150

Income docs do not meet guidelines

(a). Missing pension statement to verify monthly income in the amount of $XXX.(b). Missing Lender income calculation analysis for employed borrower

XXX Client provided Lender income calculation worksheet, condition remains for pension verification supporting $XXXXXX Client provided pension statements dated XXX supporting receipt of two pensions payment (XXX + XXX) for total of $XXX

Condition satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX credit score exceed guideline minimum of XXX

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX% DTI is below guideline maximum of XXX%

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Cash reserves of $XXX or XXX PITI reserves exceed guideline

409018844

XXXXXX

QM: Safe Harbor (APOR)

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: High Credit XXX Guidelines allow XXX

CFCFS2860: Good credit history

- xxx Comments: Borrower Has history of good credit with 0 Late Payments > XXX Months

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Post Close Assets are $ XXX or XXX months of PITIAGuidelines require XXX months or $ XXX X 12 = $ XXX

409018854

XXXXXX

QM: Safe Harbor (APOR)

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Required Reserves: $XXX. Verified $XXXSubject: $XXX x 6 = $XXXXXX: $XXX x 3 = $XXX

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX% LTV

409018856

XXXXXX

QM: Safe Harbor (APOR)

Compliance

Ability to Repay/Qualified Mortgage

Satisfied

CMPATRQM3220

TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; the loan file is missing documents to complete the ATR/QM review and render an accurate ATR/QM status.

Determine status upon review / receipt of B2 Schedule C VOE

XXX Client provided SOS dated XXX for Schedule C

Condition satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

CFCFS1735: XXX has significant time at current job

- xxx Comments: At XXX job since XXX

409018856

XXXXXX

QM: Safe Harbor (APOR)

Credit

Application

Satisfied

CRDAPP1813

Undisclosed non-arm's length transaction

Possible NAL.Per AUS findings:"20. Based on the loan application data, (B2) is employed by a family member, property seller, real estateagent, or other party to the transaction. The lender must obtain copies of the borrower's signed federal income tax returnsfiled with the IRS for the past two years. If the borrower's income is validated by the DU validation service, lenders are notrequired to determine if the borrower is employed by a family member or interested party to the property sale or purchase, sotax returns would not be required. (MSG ID XXXX)"Provide Borrower LOE re: relationship noted above.May be subject to additional conditions upon review.

XXX Client provided Lender LOX stating NAL was disclosed for B2 on 1003 with being checked as working for XXX member and provided complete copy of 2023 1040's

Condition satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

CFCFS1735: xxx has significant time at current job

- xxx Comments: At XXX job since XXX

409018856

XXXXXX

QM: Safe Harbor (APOR)

Credit

Income/Employment

Satisfied

CRDINC2496

Verbal verification of employment completed outside the stated requirements and/or after closing/funding

CPA LOE/VOE in file only references XXX-XXX.Provide VOE meeting guidelines for B2 for Schedule C. May be subject to additional conditions upon review

XXX Client provided SOS dated XXX for Schedule C

Condition satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

CFCFS1735: xxx has significant time at current job

- xxx Comments: At xxxx job since XXX

409018856

XXXXXX

QM: Safe Harbor (APOR)

Credit

Income/Employment

Satisfied

CRDINC2408

Income verification does not meet guidelines

2023 1040s are incomplete. Provide full return, all pages / schedules, as required by AUS:Per AUS findings:"20. Based on the loan application data, (B2) is employed by a XXX, property XXX, XXX, or other party to the transaction. The lender must obtain copies of the borrower's signed federal income tax returnsfiled with the IRS for the past XXX years. If the borrower's income is validated by the DU validation service, lenders are notrequired to determine if the borrower is employed by a XXX or XXX to the property sale or purchase, sotax returns would not be required. (MSG ID XXX)"May be subject to additional conditions upon review.

XXX Client provided Lender LOX stating NAL was disclosed for B2 on 1003 with being checked as working for XXX member and provided complete copy of 2023 1040's and provided signed dated pages of 1040 and 1120

Condition satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

CFCFS1735: XXX has significant time at current job

- xxx Comments: At Wage earner job since XXX

409018856

XXXXXX

QM: Safe Harbor (APOR)

Credit

Income/Employment

Satisfied

CRDINC3204

Income Documentation Missing

Provide the following for 1120 and Schedule C.Cash Flow Analysis (Form 1084) or equivalent.May be subject to additional conditions upon review.

XXX Client provided Lender Cash Flow Analysis for B2 1120 and Schedule C

Condition satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

CFCFS1735: XXX has significant time at current job

- xxx Comments: At Wage earner job since XXX

409018880

XXXXXX

QM: Safe Harbor (APOR)

Compliance

State Consumer Protection

Satisfied

CMPSTCP2057

XXXX Pred Lend Database - No Cert of Compliance or Cert of Exemption in file

XXXX Cert of Compliance/Exemption missing.

XXX Client provided the Housing Counseling Decision Report. Condition remains. File is missing the XXXX Certificate of Compliance or Exemption that is recorded with the Mortgage.XXX Client provided the XXXX Cert of Compliance.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1749: Additional documented income not used in qualifying

- xxx Comments: XXX have additional income not used,

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Credit score of XXX is XXX points above minimum program requirement of XXX.

409018880

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

Seller-paid fee that should be disclosed in Section H is not disclosed on Final CD XXX-1; Seller's CD in file & able to test; Condition Satisfied.

(No Data)

Condition Satisfied.

Numeric

Not Applicable

CFCFS1749: Additional documented income not used in qualifying

- xxx Comments: XXX have additional income not used,

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Credit score of XXX is XXX points above minimum program requirement of XXX.

409018890

XXXXXX

QM: Safe Harbor (APOR)

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Qualifying credit score of XXX exceeds guideline minimum credit score of XXX.

CFCFS1744: DTI below guideline requirement

- xxx Comments: Qualifying DTI of XXX is below guideline max DTI of XXX.

CFCFS5269: Minimal use of credit

- xxx Comments: Credit history shows minimal use of consumer credit.

409018891

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID3618

TRID - Corrected CD should have been provided; Change of Product or Product Feature not disclosed at least 3 business days prior to closing

Unable to test a loan product due to missing initial CD in file.

XXX Client provided the Initial XXX CD and Tracking.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement

- xxx Comments: DTI XXX %

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Qualifying credit score XXX

409018891

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID3626

TRID - CD: Loan consummated before end of waiting period

CD XXX is the only pre-close CD in file. Missing initial CD acknowledged by borrower a minimum of XXX days prior to closing.

XXX Client provided the Initial XXX CD and Tracking.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement

- xxx Comments: DTI XXX %

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Qualifying credit score XXX

409018891

XXXXXX

QM: Safe Harbor (APOR)

Credit

Assets

Satisfied

CRDAST2670

Asset documentation is insufficient per guideline requirements

Missing final CD for sale of departing with net proceeds of $XXX, fully executed prior to close of current loan.

XXX Client provided executed Seller CD from sale of home: XXX XXX XXX XX. with payoff of existing 1st and 2nd liens with borrower netting $XXX Note: subject PCCD closing date is XXX and this property sold/disbursed on XXX.

Condition satisfied

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement

- xxx Comments: DTI XXX %

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Qualifying credit score XXX

409018909

XXXXXX

QM: Safe Harbor (APOR)

CFCFS1744: DTI below guideline requirement

- xxx Comments: DTI XXX%

CFCFS1734: Borrower has significant time at current job

- xxx Comments: Borrower at current employment XXX years

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Reserves $XXX or XXX months

409018919

XXXXXX

QM: Safe Harbor (APOR)

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX credit score exceed guideline minimum of XXX.

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX% DTI is below guideline maximum of XXX%.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Cash reserve $XXX- or XXX-months PITI exceed guideline

409018933

XXXXXX

QM: Safe Harbor (APOR)

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX% LTV is below guideline requirements of XXX% per program.

CFCFS1740: Mortgage payment history exceeds guidelines

- xxx Comments: XXX months with XXX x XXX Mortgage payment history exceeds guidelines of XXX months.

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX % DTI is below guideline requirement of XXX %.

409018948

XXXXXX

QM: Safe Harbor (APOR)

Compliance

RESPA

Satisfied

CMPRESPA863

RESPA: Required Affiliate Business Disclosure missing

Missing Affiliate Business Disclosure

XXX Client provided a rebuttal and screenshot of an Affiliated Business Search Report. Condition remains. The reports shows the Lender was the Requestor and the report was pulled in the name of the borrower and co-borrower. This does not appear to be the Affiliate Business Disclosure for the Lender. Provide the Lender's Affiliate Business Disclosure, OR Lender to provide a signed Attestation that they do not have any affiliated businesses.XXX Client provided a signed LOE from the Lender stating they do not have any business relationship with any service providers.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX DTI

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: ReservesXXX or XXX months PITI. X months required

409018948

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

Not all required seller-paid fees were disclosed on the final CD. Seller's CD in file and able to trace all fees, exception is satisfied

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX DTI

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: ReservesXXX or XXX months PITI. X months required

409018948

XXXXXX

QM: Safe Harbor (APOR)

Credit

Credit/Mtg History

Satisfied

CRDCRMH193

Length of mortgage/rental history in file does not meet guideline requirement

Provide XXX months VOR per XXX overlays for FTHB

XXX Client provided a VOR for time rented at departure address XXX months

Satisfied

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX DTI

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: ReservesXXX or XXX months PITI. X months required

409018954

XXXXXX

QM: Safe Harbor (APOR)

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX% CLTV below guideline requirements of XXX% per program.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Borrowers have XXX months PITI in reserves.

CFCFS5269: Minimal use of credit

- xxx Comments: Borrowers are very conservative credit user; minimal outstanding debt.

409018955

XXXXXX

QM: Safe Harbor (APOR)

Compliance

RESPA

Satisfied

CMPRESPA863

RESPA: Required Affiliate Business Disclosure missing

Missing the Affiliate Business Disclosure.

XXX Client provided a signed LOE from Lender stating no affiliates were used.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Qualifying credit score of XXX exceeds minimum required credit score of XXX.

CFCFS1734: Borrower has significant time at current job

- xxx Comments: Both borrowers have XXX years with current employer.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Post close reserves verified at $XXX, required reserves are $XXX.

409018969

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Credit score XXX exceeds guidelines

CFCFS1734: Borrower has significant time at current job

- xxx Comments: Borrower has significant time at current job, XXX years XXX months

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Verified cash reserves exceed guidelines, $XXX or XXX months

409018969

XXXXXX

QM: Safe Harbor (APOR)

Credit

DTI

Satisfied

CRDDTI2540

Missing verification of some or all components of non-subject PITI

REO reflect a new purchased property: XXX XXX XXX. PITIA $XXX Missing copy of executed Final CD to support this PITIA payment of $XXX (the same per DU requesting for verification) Note:File have: HOI, Taxes and Sales Contract, no P&I payment info. and adjustment to assets maybe required

XX Client provided executed Final CD from new purchase: XXX XXX XXX supporting PITIA of $XXX and cash to close of $XXX

Condition satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Credit score XXX exceeds guidelines

CFCFS1734: Borrower has significant time at current job

- xxx Comments: Borrower has significant time at current job, XXX years XXX months

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Verified cash reserves exceed guidelines, $XXX or XXX months

409018969

XXXXXX

QM: Safe Harbor (APOR)

Credit

Insurance

Satisfied

CRDINSR289

Insufficient Hazard Insurance Coverage

HOI reflect insufficient coverage of $XXXMissing HOI estimated replacement cost worksheet

XXX Client provided HOI estimated replacement cost worksheet

Condition satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Credit score XXX exceeds guidelines

CFCFS1734: Borrower has significant time at current job

- xxx Comments: Borrower has significant time at current job, XXX years XXX months

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Verified cash reserves exceed guidelines, $XXX or XXX months

409018972

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

Not all required seller-paid fees were disclosed on the final CD. Seller's CD in file and able to trace all fees, exception is satisfied

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1744: DTI below guideline requirement

- xxx Comments: DTI XXX%

CFCFS1737: LTV below guideline requirements

- xxx Comments: LTV XXX%

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Qualifying credit score XXX

409018972

XXXXXX

QM: Safe Harbor (APOR)

Credit

DTI

Satisfied

CRDDTI2540

Missing verification of some or all components of non-subject PITI

Missing evidence of new bridge loan for XXX XXX XXX XXX to support loan amount of $XXX and PITI of $XXX

XXX Client provided copy of executed Note for XXX XXX XXX in the amount of $XXX and PI of $XXX and subject Final CD reflect these funds

Condition satisfied

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement

- xxx Comments: DTI XXX%

CFCFS1737: LTV below guideline requirements

- xxx Comments: LTV XXX%

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Qualifying credit score XXX

409018981

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

The Final Closing Disclosure does not reflect all the required Seller paid closing fees.

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX% CLTV below guideline requirements of XXX% per program.

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX% DTI below guideline requirement of XXX%.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Borrower has XXX months PITI in reserves.

409018983

XXXXXX

QM: Safe Harbor (APOR)

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Credit score of XXX is XXX points above minimum program requirement of XXX.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Borrower has X times the required reserves

CFCFS1734: Borrower has significant time at current job

- xxx Comments: Borrower has XXX years and XXX months at current employer.

409019075

XXXXXX

QM: Safe Harbor (APOR)

CFCFS1744: DTI below guideline requirement

- xxx Comments: DTI XXX%

CFCFS1737: LTV below guideline requirements

- xxx Comments: LTV XXX %

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Qualifying credit score XXX

409019162

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID3670

TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation

Zero Tolerance Fees in the amount of XXX due to Appraisal fee increase by XXX on CD XX/XX/XX with no valid reasons documented on COC XX/XX/XX in file. Condition is pending receiving PCD reflecting lenders cure, LOE to borrower, a copy of refund and proof of delivery via shipping that includes tracking information.

XXX Client provided a XXX Email chain between the Lender and Appraisal management company indicating a XXX appraiser trip fee for the 1st appraiser and the order was reassigned "per the below", a XXX Invoice and another XXX COC reflecting a XXX Appraisal trip fee. Condition remains. Unclear why the order was reassigned, but the change appears to have been discovered as of the XXX Email, yet the fee was not increased until the XXX CD. Reason unclear and timing was not met for redisclosure. Borrower is due a refund of XXX, PCCD with tolerance cure, LOE and proof of delivery that includes tracking.XXX Client provided PCCD XXX with cure, copy of cure check, LOE and in transit shipping label.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS2854: Significant time in profession

- xxx Comments: XXX years same line of work

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX LTV

409019162

XXXXXX

QM: Safe Harbor (APOR)

Property Valuations

Appraisal

Satisfied

PRVAAPPR4789

Appraisal Deficiency

Note date of subject loan: XXXTitle reflects prior transfer recorded XXX, page 656 combined fileWarranty deed recorded XXX, page 468Appraisal reflects:a. XXX for XXX, page 225, 277, combined fileb. XXX for XXX, page 224c. XXX for XXX, page 237Appraiser to address / correct above discrepancies.May be subject to additional conditions upon review.

XXX Client provided updated appraisal reflecting date of XXX in all applicable areas

Condition satisfied

(No Data)

Not Applicable

CFCFS2854: Significant time in profession

- xxx Comments: XXX years same line of work

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX LTV

409019168

XXXXXX

QM: Safe Harbor (APOR)

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Credit score of XXX is XXX points above minimum program requirement of XXX

CFCFS1736: Significant time at current residence

- xxx Comments: Borrower had XXX years and XXX months at primary residence.

CFCFS2854: Significant time in profession

- xxx Comments: Borrower has XXX years in profession.

409019379

XXXXXX

QM: Safe Harbor (APOR)

Compliance

XXXX Home Equity

Satisfied

CMPTXHE119

XXXX Equity - Affidavit of Fair Market Value not signed by lender

The XXXX Equity - Affidavit of Fair Market Value is missing the lender's signature.

XXX Client provided a fully executed Affidavit of Fair Market Value.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Qualifying credit score of XXX exceeds guideline minimum credit score of XXX

CFCFS1734: Borrower has significant time at current job

- xxx Comments: Borrower has XXX years with current employer.

CFCFS1744: DTI below guideline requirement

- xxx Comments: DTI of XXX is below guideline max DTI of XXX

409019385

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

Seller-paid fees that should be disclosed in Sections E & H are not disclosed on Final CD XXX; Seller's CD in file & able to test; Condition Satisfied.

(No Data)

Condition Satisfied.

Numeric

Not Applicable

CFCFS1744: DTI below guideline requirement

- xxx Comments: DTI XXX% below guideline requirement

CFCFS1734: Borrower has significant time at current job

- xxx Comments: Borrower has significant time at current job, XXX years

CFCFS1735: Co-Borrower has significant time at current job

- xxx Comments: B2 has significant time at current job, XXX years

409019385

XXXXXX

QM: Safe Harbor (APOR)

Credit

Assets

Satisfied

CRDAST205

Insufficient Funds to Close

Short funds to close due to: Missing XXX XXX #XXX XXX months bank statements (reflected on 1003 with balance $XXX) and Missing XXX XXX #XXX XXX months bank statements (reflected on 1003 with balance $XXX)

XXX Client provided the XXX statement with sufficient Assets

Satisfied

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement

- xxx Comments: DTI XXX% below guideline requirement

CFCFS1734: Borrower has significant time at current job

- xxx Comments: Borrower has significant time at current job, XXX years

CFCFS1735: Co-Borrower has significant time at current job

- xxx Comments: B2 has significant time at current job, XXX years

409019385

XXXXXX

QM: Safe Harbor (APOR)

Credit

Assets

Satisfied

CRDAST3078

Insufficient # of months cash reserves for PITI per guideline requirements

Insufficient reserves due to: Missing XXX XXX #XXX XXX months bank statements (reflected on 1003 w/balance of $XXX) and Missing XXX XXX #XXX XXX months bank statements (reflected on 1003 with balance $XXX)

XXX Client provided the XXX statement with sufficient Assets

Satisfied

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement

- xxx Comments: DTI XXX% below guideline requirement

CFCFS1734: Borrower has significant time at current job

- xxx Comments: Borrower has significant time at current job, XXX years

CFCFS1735: Co-Borrower has significant time at current job

- xxx Comments: B2 has significant time at current job, XXX years

409019429

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5111

TRID - LE delivered only via e-mail but there is no prior e-sign consent in file; by regulation, LE must be treated as not delivered

LE and CD e-signed by borrower; however, there is no prior e-sign consent in file. Provide e-Consent.

XXX Client provided the borrower's E-Consent.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Credit score XXX exceeds guidelines

CFCFS1744: DTI below guideline requirement

- xxx Comments: DTI XXX% below guideline requirement

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Verified cash reserves exceed guidelines

409019429

XXXXXX

QM: Safe Harbor (APOR)

Credit

Income/Employment

Satisfied

CRDINC2496

Verbal verification of employment completed outside the stated requirements and/or after closing/funding

Missing business license or 3rd party evidence of XXX VVOE in file by Lender stating business license verified, missing from loan file

XXX Client provided SOS dated XXX for XXX

Condition satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Credit score XXX exceeds guidelines

CFCFS1744: DTI below guideline requirement

- xxx Comments: DTI XXX% below guideline requirement

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Verified cash reserves exceed guidelines

409019429

XXXXXX

QM: Safe Harbor (APOR)

Credit

Income/Employment

Satisfied

CRDINC889

Income is Not Reasonable

Missing Lender Cash Flow Income Analysis for self employed borrower income

XXX Client provided Lender Cash Flow income Analysis supporting monthly income used for qualifying

Condition satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Credit score XXX exceeds guidelines

CFCFS1744: DTI below guideline requirement

- xxx Comments: DTI XXX% below guideline requirement

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Verified cash reserves exceed guidelines

409019429

XXXXXX

QM: Safe Harbor (APOR)

Credit

Income/Employment

Satisfied

CRDINC888

Income Amount is Unsupported by Documentation in File

Income used for qualifying is 2024/2023 (self employed) however CPA Letter in file (pg XXX) states: the 2024 returns are being held for filing because of the XXX exception which allows late payments without interest or penalty. File have extension for 2024 business however appears income for 2024 is being used in the two year requirement. (a) Missing evidence from CPA verifying 2024 were filed prior to closing (currently says was not filed), file do have per XXX print out (pg XXX) appears IRS payment of $XXX is PENDING clearing account (for 2024 1040 amount owed payment). Subject to additional documentation

XXX Client provided updated XXX print out verifying IRS payment posted and withdrawn along with efile acceptance and email from CPA regarding filing.

Condition satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Credit score XXX exceeds guidelines

CFCFS1744: DTI below guideline requirement

- xxx Comments: DTI XXX% below guideline requirement

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Verified cash reserves exceed guidelines

409019434

XXXXXX

QM: Safe Harbor (APOR)

Compliance

Ability to Repay/Qualified Mortgage

Satisfied

CMPATRQM3220

TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; the loan file is missing documents to complete the ATR/QM review and render an accurate ATR/QM status.

Determine status upon review / receipt of missing 2024 1040 / 2024 1040 extension.

XXX client provided tax extension and signed 24 1040

SAtisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Reserves sourced:Months PITI Reserves (Qual Rate)XXXCash Reserves$XXXExceeds requirement for subject and one REO

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

409019434

XXXXXX

QM: Safe Harbor (APOR)

Credit

Credit/Mtg History

Satisfied

CRDCRMH1805

Debts/obligations not disclosed/accounted for at origination

Provide sufficient documentation supporting XXX monthly HOA on REO, as reflected on final 1003.Subject to DTI and asset recalcs, and may be subject to additional conditions upon review.

XXX Client provided HOA verifying $XXX plus $XXX escrow shortgage

Satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Reserves sourced:Months PITI Reserves (Qual Rate)XXXCash Reserves$XXXExceeds requirement for subject and one REO

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

409019434

XXXXXX

QM: Safe Harbor (APOR)

Credit

Income/Employment

Satisfied

CRDINC2496

Verbal verification of employment completed outside the stated requirements and/or after closing/funding

VOE, page 115 combined file, is missing the third party verification of 'Printout of valid, active business registration fromregulatory website' referenced.Provide third party VOE for B1 1120s meeting self employed guidelines.May be subject to additional conditions upon review.

XXX Client provided SOS dated XXX for B1 1120s self employment

Condition satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Reserves sourced:Months PITI Reserves (Qual Rate)XXXCash Reserves$XXXExceeds requirement for subject and one REO

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

409019434

XXXXXX

QM: Safe Harbor (APOR)

Credit

Income/Employment

Satisfied

CRDINC150

Income docs do not meet guidelines

Provide signed 2024 1040 or 2024 1040 extension.May be subject to additional conditions upon review.

XXX Client provided 24 extension and signed 2024 1040

Satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Reserves sourced:Months PITI Reserves (Qual Rate)XXXCash Reserves$XXXExceeds requirement for subject and one REO

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

409019434

XXXXXX

QM: Safe Harbor (APOR)

Credit

Income/Employment

Satisfied

CRDINC3204

Income Documentation Missing

Provide below for 1120s.May be subject to additional conditions upon review."The Fannie Mae 1084, or Freddie Mac Form 91 or equivalent is required for self-employment analysis. The most recent Form 1084 or Form 91 should be used based on application date. Instructions per Form 1084 or Form 91 must be followed.? Copy of liquidity analysis must be included in the loan file if the income analysis includes income from boxes 1, 2 or 3 on the K-1 that is greater than distributions indicated on the K-1.? If a liquidity analysis is required and the borrower is using business funds for down payment or closing costs, the liquidity analysis must consider the reduction of those assets"

XXX Client provided Lender Cash Flow Income analysis, 2024 under extension

Condition satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Reserves sourced:Months PITI Reserves (Qual Rate)XXXCash Reserves$XXXExceeds requirement for subject and one REO

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

409019434

XXXXXX

QM: Safe Harbor (APOR)

Credit

Terms/Guidelines

Satisfied

CRDTER2548

Missing AUS or AUS errors present

Loan is XXX AUS.Provide DU XXX referenced on 1008.Subject to full review, and may be subject to additional conditions upon review.

XXX Client provided DUAI X

Satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Reserves sourced:Months PITI Reserves (Qual Rate)XXXCash Reserves$XXXExceeds requirement for subject and one REO

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

409019450

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

The Final Closing Disclosure does not reflect all the required seller-paid fees.

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1739: Postive mortgage payment history

- xxx Comments: Borrowers have XXX months XXX x XXX on current mortgage

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX % LTV

409019450

XXXXXX

QM: Safe Harbor (APOR)

Credit

Ability to Repay/Qualified Mortgage

Satisfied

CRDATRQM3124

TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; Lender did not provide an ATR/QM status determination.

Provide ATR/QM Determination

XXX Client provided Compliance Report stating QM as passing however did not provide a QM status. Condition remains for lender QM status. XXX Client provided Lender QM Safe Harbor status

Condition satisfied

(No Data)

Not Applicable

CFCFS1739: Postive mortgage payment history

- xxx Comments: Borrowers have XXX months XXX x XXX on current mortgage

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX % LTV

409019450

XXXXXX

QM: Safe Harbor (APOR)

Credit

Assets

Satisfied

CRDAST206

Asset Amounts Are Unsupported by Documentation in File

Provide documentation that the deposits of $XXX and $XXX that came from XXX #XXX is Borrowers account. There is no name on the statement

XXX Client provided copy of XXX #XXX statement dated XXX that reflect these deposits coming from XXX #XXX

Condition satisfied

(No Data)

Not Applicable

CFCFS1739: Postive mortgage payment history

- xxx Comments: Borrowers have XXX months XXX x XXX on current mortgage

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX % LTV

409019489

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS2854: Significant time in profession

- xxx Comments: Borrower has been in the same profession for XXX years.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: $XXX reserves; $XXX * XXX + REOs $XXX * XXX= $XXX reserves required.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qual score; min XXX.

CFCFS1740: Mortgage payment history exceeds guidelines

- xxx Comments: XXX mo. XXX x XXX mortgage payment history; XXX x XXX x XXX required.

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX% DTI; max XXX%.

409019506

XXXXXX

QM: Safe Harbor (APOR)

CFCFS1744: DTI below guideline requirement

- xxx Comments: DTI XXX%

CFCFS1734: Borrower has significant time at current job

- xxx Comments: Borrower at current employment XXX years

CFCFS1735: Co-Borrower has significant time at current job

- xxx Comments: CO borrower at current employment XXX years

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Qualifying credit score XXX

409019532

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

Seller fees were able to be sourced from the sellers CD document. Consistent with the XXX, we are satisfying to 1/A.

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Qualifying credit score of XXX exceeds guideline minimum credit score of XXX.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Post close reserves are verified at $XXX, required reserves are $XXX.

CFCFS2854: Significant time in profession

- xxx Comments: Both borrowers have XXX years in current profession.

409019536

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

The Final Closing Disclosure does not reflect all the required Seller paid closing fees.

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1735: Co-Borrower has significant time at current job

- xxx Comments: XXX years, XXX months at current job.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score; XXX required.

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX% DTI; XXX% max allowed.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Verified reserves of $XXX or XXX months PITI; $XXX or XXX months required.

409019544

XXXXXX

QM: Safe Harbor (APOR)

(No Data)

409019567

XXXXXX

QM: Safe Harbor (APOR)

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: High Credit XXX Guidelines allow XXX

CFCFS2860: Good credit history

- xxx Comments: Borrower Has history of good credit with X Late Payments > 24 Months

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Post Close Assets are XXX or XXX months of PITIAGuidelines require 12 months or XXX X 12 = XXX+ 3 Months for Additional REO or XXX X 3 = XXX

409019598

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

Not all required seller-paid fees were disclosed on the final CD. Seller's CD in file and able to trace all fees, exception is satisfied

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: High Credit XXX

CFCFS2860: Good credit history

- xxx Comments: Borrower Has history of good credit with XXX Late Payments > XXX Months

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Post Close Assets are $XXX or XXX months of PITIA Guidelines require XXX months or $XXX X XXX = $XXX

409020593

XXXXXX

QM: Safe Harbor (APOR)

CFCFS1744: DTI below guideline requirement

- xxx Comments: DTI XXX %

CFCFS1737: LTV below guideline requirements

- xxx Comments: LTV XXX %

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Qualifying credit score XXX

409020596

XXXXXX

QM: Safe Harbor (APOR)

Compliance

Right of Rescission

Waived

CMPROR1909

Incorrect ROR Form Used - H8 Form Used in Refinance With Original Creditor

Per Title Commitment in file, loan originated with the same lender. H9 ROR form should have been used instead

XXX Client provided approved exception for the incorrect ROR form used.

Initial & Final Grade B.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

CFCFS1734: Borrower has significant time at current job

- xxx Comments: B1 > XXX years at current job

409020596

XXXXXX

QM: Safe Harbor (APOR)

Credit

Credit/Mtg History

Satisfied

CRDCRMH193

Length of mortgage/rental history in file does not meet guideline requirement

VOM on subject, page XXX combined file, states no late payments in last the XXX months.Mortgage was opened XXX - provide updated VOM stating any late dates since it's origination.May be subject to additional conditions upon review.

XXX Client provided updated VOM verifying no late payments for length of loan

Condition satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

CFCFS1734: Borrower has significant time at current job

- xxx Comments: B1 > XXX years at current job

409020596

XXXXXX

QM: Safe Harbor (APOR)

Credit

Credit/Mtg History

Satisfied

CRDCRMH1805

Debts/obligations not disclosed/accounted for at origination

Provide sufficient documentation that Open / 1 month XXX account with XXXX balance is a zero balance, to exclude from DTI, or provide additional liquid funds to support exclusion.May be subject to additional conditions upon review.

XXX Client provided LOX stating omission of XXX is due to borrower having sufficient funds to pay in full. Response, liquid funds to cover XXX is not verified, however non liquid is verified to cover XXX balance. Initial condition requested verification for additional liquid funds to support XXX XX day balance however it appears 401k balance is sufficient to cover the XX day XXX balance and evidence borrower can withdraw funds, currently having an outstanding loan balance.

Condition satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

CFCFS1734: Borrower has significant time at current job

- xxx Comments: B1 > XXX years at current job

409020596

XXXXXX

QM: Safe Harbor (APOR)

Credit

Income/Employment

Satisfied

CRDINC2496

Verbal verification of employment completed outside the stated requirements and/or after closing/funding

B2 is XXX. 3rd party VOES in file do not reflect dates printed.Please provide VOE meeting guidelines. May be subject to additional conditions upon review.

XXX Client provided LOX stating, XXX uploaded as of today for verification, please allow post-closing date since prior one in file matches (didnt have date). Response, post close dated (XXX) VVOE was provided allowing with state bar in file however was not dated with Lender VVOE stating verified on XXX

Condition satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

CFCFS1734: Borrower has significant time at current job

- xxx Comments: B1 > XXX years at current job

409020596

XXXXXX

QM: Safe Harbor (APOR)

Credit

Income/Employment

Satisfied

CRDINC888

Income Amount is Unsupported by Documentation in File

Provide 1065 liquidity worksheet calc.May be subject to additional conditions upon review.

XXX Client provided Lender 1065 Liquidity worksheet calculation, passing ratio

Condition satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

CFCFS1734: Borrower has significant time at current job

- xxx Comments: B1 > XXX years at current job

409020596

XXXXXX

QM: Safe Harbor (APOR)

Credit

Income/Employment

Satisfied

CRDINC2408

Income verification does not meet guidelines

Provide 2024 and 2023 IRS 1040 transcripts for B2.May be subject to additional conditions upon review.

XXX Client provided prior to closing 2024/2023 1040 Transcripts for B2

Condition satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

CFCFS1734: Borrower has significant time at current job

- xxx Comments: B1 > XXX years at current job

409020600

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID3670

TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation

Zero tolerance in the amount of XXX as 2nd Appraisal Fee was added to LE XXX without a valid COC in file. Condition pending receiving a valid Change of Circumstances or Post CD reflecting lenders cure, LOX, a copy of refund and proof of delivery including shipping details and tracking information.

XXX Client provided a revised XXX COC. The Revised COC added additional comments stating: UW Requested 2nd appraisal due to internal policies. Condition remains. It's unclear what the actual "change in circumstance" is. Lender to provide additional clarification on what changed and what exactly the "internal policies" were that prompted the addition of the 2nd appraisal. Additional conditions may apply.XXX Client provided another XXX COC and a screenshot of the Investor guides confirming the requirement of the 2nd appraisal.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX% DTI below guideline requirement of XXX%.

CFCFS1740: Mortgage payment history exceeds guidelines

- xxx Comments: XXX months with 0x30 Mortgage payment history exceeds guidelines of XXX months.

409020600

XXXXXX

QM: Safe Harbor (APOR)

Credit

Terms/Guidelines

Satisfied

CRDTER2548

Missing AUS or AUS errors present

Loan locked on XXX XXX XXX-year. Missing AUS and revised 1008 Transmittal indicating Risk Assessment as AUS.

XXX Client provided an updated 1008 and a post close dated XXX AUS however never received a prior to closing AUS approval for loan file. Condition remains for copy of prior to closing AUS with review of this post close dated AUSNote date XXX and AUS provided is dated XXX XXX Client provided DUAI XXX

Satisfied

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX% DTI below guideline requirement of XXX%.

CFCFS1740: Mortgage payment history exceeds guidelines

- xxx Comments: XXX months with 0x30 Mortgage payment history exceeds guidelines of XXX months.

409020627

XXXXXX

QM: Safe Harbor (APOR)

Compliance

RESPA

Satisfied

CMPRESPA863

RESPA: Required Affiliate Business Disclosure missing

Missing Affiliate Business Disclosure

XXX Client provided a signed LOE from the lender stating they are currently affiliated with XXX but are only licensed in XXX and XXX. Subject is in XXX. No fees paid to XXX.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: High Credit XXX Guidelines allow XXX

CFCFS1736: Significant time at current residence

- xxx Comments: Borrower has XXX Years at Current Residence

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Post Close Assets are $ XXX or XXX months of PITIAGuidelines require XXX months or $XXX X 6 = $ XXX+ 3 Months for Additional REO or $XXX X 3 = $ XXX

409020627

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID3618

TRID - Corrected CD should have been provided; Change of Product or Product Feature not disclosed at least 3 business days prior to closing

Unable to test a loan product due to missing initial CD in file.

XXX Client provided the missing Initial XXX CD.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: High Credit XXX Guidelines allow XXX

CFCFS1736: Significant time at current residence

- xxx Comments: Borrower has XXX Years at Current Residence

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Post Close Assets are $ XXX or XXX months of PITIAGuidelines require XXX months or $XXX X 6 = $ XXX+ 3 Months for Additional REO or $XXX X 3 = $ XXX

409020627

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID3626

TRID - CD: Loan consummated before end of waiting period

CD XXX is the only CD in file. Missing initial CD acknowledged by borrower a minimum of 3 days prior to closing.

XXX Client provided the missing Initial XXX CD.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: High Credit XXX Guidelines allow XXX

CFCFS1736: Significant time at current residence

- xxx Comments: Borrower has XXX Years at Current Residence

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Post Close Assets are $ XXX or XXX months of PITIAGuidelines require XXX months or $XXX X 6 = $ XXX+ 3 Months for Additional REO or $XXX X 3 = $ XXX

409020637

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

Seller fees were able to be sourced from the sellers CD document. Consistent with the XXX, we are satisfying to 1/A.

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1744: DTI below guideline requirement

- xxx Comments: DTI XXX%

CFCFS1737: LTV below guideline requirements

- xxx Comments: LTV XXX%

CFCFS1734: Borrower has significant time at current job

- xxx Comments: Borrower at current employment XXX years

409020640

XXXXXX

QM: Safe Harbor (APOR)

Credit

Income/Employment

Waived

CRDINC3204

Income Documentation Missing

Borrower has gap of employment in employment history

RWT Approved Exception XXX provided for B1 is a XXX. XXX has a XXX year employment history in the XXX thru XXX...he then has a gap until XXX when he is set to begin a new position (also in the US). Income is being qualified via an XXX

xxx initial & final grade of B

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: High Credit XXX

CFCFS1740: Mortgage payment history exceeds guidelines

- xxx Comments: Borrower Has Good Mortgage payment history with 0 Late Payments > XXX Months

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Post Close Assets are $XXX or XXX months of PITIAGuidelines require XXX months or $XXX X 15 = $ XXX+ XXX Months for Additional REO or $ XXX X 3 = $ XXX

409020649

XXXXXX

QM: Safe Harbor (APOR)

Compliance

Right of Rescission

Satisfied

CMPROR4407

ROR - No evidence that the material disclosures were delivered to all with rescission rights via TIL, CD or HELOC, as applicable

Final CD XXX in file was only provided to the borrower. Missing final CD acknowledged by non-borrowing spouse at closing.

XXX Client provided the Final CD signed by the NBS at Closing.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: File has a CU score of xxx supporting the appraised value

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX Score exceeds xxx Min

CFCFS1736: Significant time at current residence

- xxx Comments: XXX years XXX months at current home

409020656

XXXXXX

QM: Safe Harbor (APOR)

Compliance

Right of Rescission

Waived

CMPROR1909

Incorrect ROR Form Used - H8 Form Used in Refinance With Original Creditor

Per Title Commitment in file, loan originated with the same lender. Incorrect H8 ROR form was used instead of H9 form.

XXX Client provided an approved exception for using incorrect ROR form

XXX Initial and final grade 2/B

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score; xxx required.

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX% DTI; XXX% max allowed.

409020656

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID3670

TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation

Loan amount points increased on a revised CD XXX by $XXX without a valid COC or updated Rate Lock with a higher loan amount in file for the change. Condition is pending receiving a valid Change of Circumstances or PCD reflecting lenders cure, LOE to borrower, a copy of refund

XXX Client provided a 9/16 PCCD with cure, LOE, $XXX refund check and Tracking.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score; xxx required.

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX% DTI; XXX% max allowed.

409020661

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

Not all required seller-paid fees were disclosed on the final CD. Seller's CD in file and able to trace all fees, exception is satisfied.

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score; XXX required.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Verified reserves of $XXX; total reserves required $XXX.

409020673

XXXXXX

QM: Safe Harbor (APOR)

Credit

Credit/Mtg History

Satisfied

CRDCRMH1805

Debts/obligations not disclosed/accounted for at origination

Lender used rental income of $XXX/month to qualify from borrower's business property located at XXX. Lender did not deduct a monthly PITI(A) payment; however, this property was reported on Schedule E of borrower's personal tax returns and shows mortgage interest deductions which indicates the borrower makes these payments personally. File is missing XXX months cancelled checks verifying the PITI(A) payment is paid by the business.

XXX Client provided evidence the Borrowers XXX owns the REO and Business expenses / payments for ownership are deducted on Schedule C and Borrower deducts XXX on Schedule E

Satisfied

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job

- xxx Comments: Borrower has been XXX with current business since XXX.

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX% LTV is XXX% below the maximum allowable LTV of XXX%.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Credit score of XXX is xxx points above the minimum required score of xxx.

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX% DTI is below the maximum allowed DTI of XXX%.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Borrower has $XXX available in reserves; $XXX in reserves required.

409020673

XXXXXX

QM: Safe Harbor (APOR)

Credit

DTI

Satisfied

CRDDTI2540

Missing verification of some or all components of non-subject PITI

File is missing verification of monthly expenses of $XXX for an additional property owned located at XXX. Used amount from final 1003 for recalculations.

XXX Client provided supporting calculation for $XXX Taxes on land

Satisfied

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job

- xxx Comments: Borrower has been XXX with current business since XXX.

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX% LTV is XXX% below the maximum allowable LTV of XXX%.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Credit score of XXX is xxx points above the minimum required score of xxx.

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX% DTI is below the maximum allowed DTI of XXX%.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Borrower has $XXX available in reserves; $XXX in reserves required.

409020684

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID3640

TRID - CD: Zero tolerance fee or fees increased at or prior to closing without a valid reason or the revised LE/CD was not timely disclosed; insufficient credit or refund provided

Zero tolerance in the amount of $XXX as Final Inspection Fee was added to CD XXX without a valid COC in file. As a result, the condition remains pending until receipt of a valid Change of Circumstance, PCD reflecting lenders cure, LOE issued to borrower, a copy of refund and proof of delivery including shipping details and tracking information.

XXX Client provided a copy of the XXX 1004D, the XXX CD with Tracking and a revised XXX COC stating property requires a final inspection. Condition remains. The original Appraisal and Invoice is dated XXX. Disclosure of the required XXX on XXX does not appear to meet timing requirements. Borrower is due a refund of $XXX, PCCD with tolerance cure, LOE and proof of delivery that includes tracking information.XXX Client provided the following Seller comment: Looks like we were missing an LE from the Lender, they sent over their LE where the final inspection was disclosed. A copy of the XXX COC and XXX LE was also provided.

Condition Satisfied.

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: High Credit XXX Guidelines allow XXX

CFCFS2860: Good credit history

- xxx Comments: Borrower Has history of good credit with XXX Late Payments > XXX Months

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Post Close Assets are $XXX or $XXX months of PITIA Guidelines require XXX months or $XXX x XXX = $XXX

409020686

XXXXXX

QM: Safe Harbor (APOR)

Compliance

Ability to Repay/Qualified Mortgage

Satisfied

CMPATRQM3220

TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; the loan file is missing documents to complete the ATR/QM review and render an accurate ATR/QM status.

Missing evidence of REO vacant lot HOA (or other fee) for $XXX/mo. as indicated on originator's breakdown of $XXX/mo. total reflected on Final 1003 and being used to qualify the borrower's DTI on DU approval; borrower's DTI is currently XXX% with a XXX% max for the program.

XXX Client provided evidence of $XXX quarterly for monthly $XXX

Condition satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX% LTV; max XXX%.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: $XXX effective/reserves; $XXX * XXX= $XXX reserves required.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qual score; min XXX.

409020686

XXXXXX

QM: Safe Harbor (APOR)

Credit

DTI

Satisfied

CRDDTI2540

Missing verification of some or all components of non-subject PITI

XXX Client provided evidence of $XXX quarterly for monthly $XXX

Condition satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX% LTV; max XXX%.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: $XXX effective/reserves; $XXX * XXX= $XXX reserves required.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qual score; min XXX.

409020702

XXXXXX

QM: Safe Harbor (APOR)

CFCFS1737: LTV below guideline requirements

- xxx Comments: LTV is XXX%; guidelines allow XXX%.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Credit score of XXX is XXX points above minimum program requirement of XXX

409020707

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

Seller fees were able to be sourced from the sellers CD document. Consistent with the XXX, we are satisfying to 1/A.

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX% LTV is XXX% below the maximum allowable LTV of XXX%.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Credit score of XXX is XXX points above the minimum required score of XXX.

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX% DTI is below the maximum allowed DTI of XXX%.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Borrowers have $XXX available in reserves; $XXX in reserves required.

409020725

XXXXXX

QM: Safe Harbor (APOR)

Compliance

RESPA

Waived

CMPRESPA2700

RESPA - List of homeowners counseling organizations not provided w/in 3 days of application

Application date XXX, Homeowners Counseling Disclosure dated XXX.

XXX Client provided an approved exception for HOCL not timely disclosed to borrowers.

XXX Initial and final grade XXX

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: High Credit XXX Guidelines allow XXX

CFCFS1736: Significant time at current residence

- xxx Comments: Borrower has XXX Years at Current Residence

CFCFS2854: Significant time in profession

- xxx Comments: Borrower has XXX Years in Current Profession

409020725

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID3552

TRID - Loan Estimate not timely

Application date XXX, earliest LE in file is dated XXX. Missing initial LE provided to borrowers within XXX days of application.

09/18/2025 Client provided missing Initial LE XXX

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: High Credit XXX Guidelines allow XXX

CFCFS1736: Significant time at current residence

- xxx Comments: Borrower has XXX Years at Current Residence

CFCFS2854: Significant time in profession

- xxx Comments: Borrower has XXX Years in Current Profession

409020734

XXXXXX

QM: Safe Harbor (APOR)

CFCFS1749: Additional documented income not used in qualifying

- xxx Comments: BXX shows additional bonus income of $XXX monthly that was not used in qualifying.

CFCFS1746: Significant housing expense reduction

- xxx Comments: Borrowers will experience a XXX%, or $XXX monthly deduction in housing expense.

CFCFS1744: DTI below guideline requirement

- xxx Comments: Qualifying DTI of XXX is below the guideline max DTI of XXX.

409020736

XXXXXX

QM: Safe Harbor (APOR)

Compliance

Ability to Repay/Qualified Mortgage

Satisfied

CMPATRQM3220

TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; the loan file is missing documents to complete the ATR/QM review and render an accurate ATR/QM status.

Determine status upon review / receipt of B2 prior VOE from XXX - XXX, to complete XXX month employment verification requirement.

XXX Client provided prior VVOE for B2 verifying employment from XXX - XXX

Condition satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Reserves sourced:Months PITI Reserves (Qual Rate)XXXCash Reserves$XXXExceeds requirements

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

409020736

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

Seller fees listed on Seller CD but not on Borrower final CD XXX. As the fees are at least reflected there is no material issue. This exception is informational per xxx Compliance department and TRID 2.0 revisions. Exception satisfied. Final Grade A.

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Reserves sourced:Months PITI Reserves (Qual Rate)XXXCash Reserves$XXXExceeds requirements

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

409020736

XXXXXX

QM: Safe Harbor (APOR)

Credit

Application

Satisfied

CRDAPP3822

Missing or incomplete documentation related to citizenship/residency

Per final 1003 and AUS findings, B2 is a XXX.Provide documentation related to XXX, meeting requirements.May be subject to additional conditions upon review.

XXX Client provided copy of front and back copy of XXX

Condition satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Reserves sourced:Months PITI Reserves (Qual Rate)XXXCash Reserves$XXXExceeds requirements

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

409020736

XXXXXX

QM: Safe Harbor (APOR)

Credit

Income/Employment

Satisfied

CRDINC2496

Verbal verification of employment completed outside the stated requirements and/or after closing/funding

Provide B2 prior VOE from XXX-XXX, to complete XXX month employment verification requirement.May be subject to additional conditions upon review.

XXX Client provided prior VVOE for B2 verifying employment from XXX - XXX

Condition satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Reserves sourced:Months PITI Reserves (Qual Rate)XXXCash Reserves$XXXExceeds requirements

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

409020737

XXXXXX

QM: Safe Harbor (APOR)

(No Data)

409020745

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Post close reserves verified at $XXX, required reserves are $XXX.

CFCFS1742: Consumer credit history exceeds guidelines

- xxx Comments: Borrowers mortgage history shows zero delinquencies, and zero delinquencies on consumer debt.

409020747

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

Not all required seller-paid fees were disclosed on the final CD. Seller's CD in file and able to trace all fees, exception is satisfied

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1739: Postive mortgage payment history

- xxx Comments: Borrowers have XXX months 0x30 on current mortgage

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Reserves$XXX or XXX months PITI. XXX months required

409020747

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5111

TRID - LE delivered only via e-mail but there is no prior e-sign consent in file; by regulation, LE must be treated as not delivered

LE was e-signed by both borrowers; however, there is no prior e-sign consent in file; by regulation, e-signed disclosures must be treated as not delivered. Provide e-Consent for all borrowers.

XXX Client provided an LOE stating Application date was XXX. Primary borrower e-consented on XXX, CB did not. Hard copy mailed on XXX. Tracking screenshot provided shows hard copy sent on XXX. Timing was met.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1739: Postive mortgage payment history

- xxx Comments: Borrowers have XXX months 0x30 on current mortgage

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Reserves$XXX or XXX months PITI. XXX months required

409020754

XXXXXX

QM: Safe Harbor (APOR)

Compliance

RESPA

Satisfied

CMPRESPA863

RESPA: Required Affiliate Business Disclosure missing

Required Affiliate Business Disclosure/ FACTS missing

XXX Client provided an attestation from Lender stating they do not have any affiliated businesses.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job

- xxx Comments: Borrower has been with current employer since XXX.

CFCFS1735: Co-Borrower has significant time at current job

- xxx Comments: Co-borrower has been with current employer since XXX.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Credit score of XXX is xxx points above the minimum required score of xxx.

409020754

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

Seller fees were able to be sourced from the sellers CD document. Consistent with the XXX, we are satisfying to 1/A.

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1734: Borrower has significant time at current job

- xxx Comments: Borrower has been with current employer since XXX.

CFCFS1735: Co-Borrower has significant time at current job

- xxx Comments: Co-borrower has been with current employer since XXX.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Credit score of XXX is xxxpoints above the minimum required score of xxx.

409020754

XXXXXX

QM: Safe Harbor (APOR)

Credit

Assets

Satisfied

CRDAST2670

Asset documentation is insufficient per guideline requirements

File is missing documentation verifying withdrawal from XXX *XXX on XXX in the amount of $XXX was for the cash required to close for the subject transaction.

XXX Client provided deposit sourcing

Satisfied

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job

- xxx Comments: Borrower has been with current employer since XXX.

CFCFS1735: Co-Borrower has significant time at current job

- xxx Comments: Co-borrower has been with current employer since XXX.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Credit score of XXX is xxx points above the minimum required score of xxx.

409020810

XXXXXX

QM: Safe Harbor (APOR)

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score; xxx required.

CFCFS1735: Co-Borrower has significant time at current job

- xxx Comments: XXX years, XXX months at current job.

409020815

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

Seller fees were able to be sourced from the sellers CD document. Consistent with the XXX, we are satisfying to 1/A.

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Borrowers have XXX months PITIA in reserves.

CFCFS5269: Minimal use of credit

- xxx Comments: Borrowers are conservative credit users with minimal outstanding debts.

409020815

XXXXXX

QM: Safe Harbor (APOR)

Credit

Terms/Guidelines

Satisfied

CRDTER2548

Missing AUS or AUS errors present

The loan was locked on XXX XXX AUS 30-year. Missing AUS.

XXX Client provided a lock changing the program to XXX 30Y, AUS not required

Satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Borrowers have XXX months PITIA in reserves.

CFCFS5269: Minimal use of credit

- xxx Comments: Borrowers are conservative credit users with minimal outstanding debts.

409020837

XXXXXX

QM: Safe Harbor (APOR)

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Fico score XXX exceeds guide lines.

CFCFS1734: Borrower has significant time at current job

- xxx Comments: Borrower has stable employment with XXX years at current job.

409020979

XXXXXX

QM: Safe Harbor (APOR)

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score;xxx required.

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX% DTI; XXX% max allowed.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Verified reserves of $XXX or XXX months PITI; $XXX or XXX months required.

409020988

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Reserves sourced:Months PITI Reserves (Qual Rate)XXXCash Reserves$XXXExceeds requirement for subject and one financed REO.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

409020988

XXXXXX

QM: Safe Harbor (APOR)

Credit

Credit/Mtg History

Waived

CRDCRMH183

Credit report incomplete

XXX CBR reflects B2 XXX as frozen.Per guides, please provide below. May be subject to additional conditions upon review.Guides:"Credit Reports-Frozen Bureaus: Credit reports with bureaus identified as frozen are required to be unfrozen and a current credit report with all bureaus unfrozen is required.

XXX Client provided an approved exception to allow the file with a frozen credit bureau report

Upon review by xxx Senior Underwriter, Condition is a Non Material B grade; Strong reserves, Borrower credit score exceeds min required

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Reserves sourced:Months PITI Reserves (Qual Rate)XXXCash Reserves$XXXExceeds requirement for subject and one financed REO.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

409020988

XXXXXX

QM: Safe Harbor (APOR)

Credit

Income/Employment

Satisfied

CRDINC2496

Verbal verification of employment completed outside the stated requirements and/or after closing/funding

B1 VOE does not reflect Hire date.Provide VOE meeting all requirements.May be subject to additional conditions upon review.

XXX Client provided VVOE XXX with hire date

Satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Reserves sourced:Months PITI Reserves (Qual Rate)XXXCash Reserves$XXXExceeds requirement for subject and one financed REO.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score

409020999

XXXXXX

QM: Safe Harbor (APOR)

CFCFS1734: Borrower has significant time at current job

- xxx Comments: Borrower has been with current employer since XXX.

CFCFS1735: Co-Borrower has significant time at current job

- xxx Comments: Co-borrower has been with current employer since XXX.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Credit score of XXX is XXX points above the minimum required score of XXX.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Borrowers have $XXX available in reserves; $XXX in reserves required.

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX% DTI is below the maximum allowed DTI of XXX%.

409021009

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

Seller-Paid fees indicated on Seller CD are not disclosed on page 2 of the Borrowers Final CD.

(No Data)

Condition satisfied. File contains the Seller CD and Final Settlement Statement reflecting the Seller paid fees. Charges were included in the fee testing with no violation.

Numeric

Not Applicable

CFCFS1740: Mortgage payment history exceeds guidelines

- xxx Comments: XXX months with XXX x XXX Mortgage payment history exceeds guidelines of XXX months.

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX% DTI below guideline requirement of XXX%.

409021012

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

Not all required seller-paid fees were disclosed on the final CD. Seller's CD in file and able to trace all fees, exception is satisfied

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX% LTV; max XXX%.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: $XXX reserves; $XXX*9= $XXX reserves required.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qual score; min XXX.

CFCFS1740: Mortgage payment history exceeds guidelines

- xxx Comments: XXXmo. 0x30 mortgage payment history; 0x30x24 required.

409021012

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID3626

TRID - CD: Loan consummated before end of waiting period

Final LE XXX is not signed and there is no evidence in file of when it was delivered to borrower. Delivery method defaults to the mailbox rule.

XXX Client provided the full disclosure tracking details confirming receipt on XXX.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX% LTV; max XXX%.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: $XXX reserves; $XXX*9= $XXX reserves required.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qual score; min XXX.

CFCFS1740: Mortgage payment history exceeds guidelines

- xxx Comments: XXXmo. 0x30 mortgage payment history; 0x30x24 required.

409021012

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5111

TRID - LE delivered only via e-mail but there is no prior e-sign consent in file; by regulation, LE must be treated as not delivered

LEs were delivered via email; however, there is no prior e-Consent in file or evidence of when LEs were delivered. Provide e-Consent for all borrowers and proof of delivery.

XXX Client provided a screenshot of a portion of the XXX COC with an Email stating the notice of change circumstance was with the initial file upload. Condition remains. The copy in file does not contain the Blend Envelope ID information and that stamp does not reflect the E-Consent. Provide the accepted E-Consent for all borrowers.XXX Client provided the full disclosure tracking details including the E-Consents.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX% LTV; max XXX%.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: $XXX reserves; $XXX*9= $XXX reserves required.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qual score; min XXX.

CFCFS1740: Mortgage payment history exceeds guidelines

- xxx Comments: XXXmo. 0x30 mortgage payment history; 0x30x24 required.

409021019

XXXXXX

QM: Safe Harbor (APOR)

Credit

Income/Employment

Satisfied

CRDINC2408

Income verification does not meet guidelines

Missing 2024 W2 for prior employer XXX for B2

XXX Client provided the XXX paystub from prior emp; condition remains for 2024 W2 for XXX employer XXX Client provided 2024 w2 for B2 employment with XXX (prior employment)

Condition satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX Credit score - Credit score of XXX is XXX points above minimum program requirement of XXX

CFCFS1744: DTI below guideline requirement

- xxx Comments: DTI XXX% is below the guideline minimum of XXX%.

409021021

XXXXXX

QM: Rebuttable Presumption (APOR)

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID3626

TRID - CD: Loan consummated before end of waiting period

Missing initial CD XXX acknowledged by borrowers min XXX days prior to closing.

XXX Client provided the missing XXX Initial CD and Tracking.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Credit score of XXX is XXX points above minimum program requirement of XXX

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Borrowers have XXX times the required reserves

409021023

XXXXXX

QM: Safe Harbor (APOR)

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Qualifying credit score of XXX exceeds guideline minimum credit score of XXX.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Post close reserves verified at $XXX, required reserves are $XXX.

CFCFS1744: DTI below guideline requirement

- xxx Comments: DTI of XXX is below guideline max DTI of XXX.

409021074

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

Not all required seller-paid fees were disclosed on the final CD. Seller's CD in file and able to trace all fees, exception is satisfied

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Credit score of XXX is XXX points above minimum program requirement of XXX

CFCFS1734: Borrower has significant time at current job

- xxx Comments: Borrower has XXX years at current employer and XXX years XXX months in this line of work.

409021101

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1734: Borrower has significant time at current job

- xxx Comments: Borrower has been with current employer since XXX.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Credit score of XXX is XXX points above the minimum required score of XXX.

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX% DTI is below the maximum allowed DTI of XXX%.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Borrowers have XXX months of PITI available in reserves; XXX months required.

409021114

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

Not all required seller-paid fees were disclosed on the final CD. Seller's CD in file and able to trace all fees, exception is satisfied

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1735: Co-Borrower has significant time at current job

- xxx Comments: Co-borrower has been self-employed with current business since XXX.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Credit score of XXX is XXX points above the minimum required score of XXX.

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX% DTI is below the maximum allowed DTI of XXX%.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Borrowers have $XXX available in reserves; $XXX in reserves required.

409021114

XXXXXX

QM: Safe Harbor (APOR)

Credit

Income/Employment

Satisfied

CRDINC2408

Income verification does not meet guidelines

File is missing XXX IRS tax transcripts for XXX self-employment.

XXX Client provided copy of XXX 1040 Transcripts supporting XXX XXX Schedule C

Condition satisfied

(No Data)

Not Applicable

CFCFS1735: Co-Borrower has significant time at current job

- xxx Comments: Co-borrower has been self-employed with current business since XXX.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Credit score of XXX is XXX points above the minimum required score of XXX.

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX% DTI is below the maximum allowed DTI of XXX%.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Borrowers have $XXX available in reserves; $XXX in reserves required.

409021114

XXXXXX

QM: Safe Harbor (APOR)

Property Valuations

Appraisal

Satisfied

PRVAAPPR3116

Missing updated valuation

File is missing a CDA or CCA supporting appraised value of $XXX.

XXX Client provided 3rd party CDA valuation supporting appraised value with XXX% variance

Condition satisfied

(No Data)

Not Applicable

CFCFS1735: Co-Borrower has significant time at current job

- xxx Comments: Co-borrower has been self-employed with current business since XXX.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Credit score of XXX is XXX points above the minimum required score of XXX.

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX% DTI is below the maximum allowed DTI of XXX%.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Borrowers have $XXX available in reserves; $XXX in reserves required.

409021119

XXXXXX

QM: Safe Harbor (APOR)

CFCFS1740: Mortgage payment history exceeds guidelines

- xxx Comments: XXX months with 0x30 Mortgage payment history exceeds guidelines of XXX months.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX Median FICO is XX points above guideline program minimum of XXX.

409021147

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1734: Borrower has significant time at current job

- xxx Comments: Borrower has been with current employer since XXX.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Credit score of XXX is XXX points above the minimum required score of XXX.

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX% DTI is below the maximum allowed DTI of XXX%.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Borrower has XXX months of PITI available in reserves; XXX months required.

409021158

XXXXXX

QM: Safe Harbor (APOR)

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Reserves$XXX or XXX months PITI. XXX months required

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX% LTV

409021178

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

Seller fees listed on Seller CD but not all Fees are on Borrower final CD dated XXX-X. As the fees are at least reflected there is no material issue. This exception is informational per xxx Compliance department and TRID 2.0 revisions. Exception satisfied. Final Grade A.

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX% DTI is below guideline maximum of XXX%.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX credit score exceed guideline minimum of XXX.

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX% LTV is below guideline maximum of XXX%.

409021192

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1742: Consumer credit history exceeds guidelines

- xxx Comments: Borrower Has history of good credit with 0 Late Payments > XXX Months

CFCFS1739: Postive mortgage payment history

- xxx Comments: Borrower Has Good Mortgage payment history with 0 Late Payments > XXX Months

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Post Close Assets are $XXX or XXXX months of PITIAGuidelines require XXX months or $XXX X 9 = $XXX+ XXX Months for Additional REO or $XXX X 3 = $XXX

409021244

XXXXXX

QM: Safe Harbor (APOR)

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: High Credit xxx Guidelines allow xxx

CFCFS2854: Significant time in profession

- xxx Comments: Borrower has XXX Years in Current Profession

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Post Close Assets are $XXX or XXX months of PITIAGuidelines require 12 months or $XXX X 12 = $ XXX+ 3 Months for Additional REO or $XXX X 3 = $ XXX

409021249

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

Seller-Paid fees indicated on Seller CD are not disclosed on page 2 of the Borrowers Final CD.

(No Data)

Condition satisfied. File contains the Seller CD and Final Settlement Statement reflecting the Seller paid fees. Charges were included in the fee testing with no violation.

Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Required Reserves: $XXX. Verified $XXXSubject: $XXX x 12 = $XXXXXX $XXX x 3 = $XXX

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX credit score

409021249

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID3670

TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation

Zero tolerance in amount of $XXX due to increase in Appraisal fee on LE XXX. COC dated XXX indicates fee was increased due to Rush fee added. Condition is pending receiving further information such as borrower's request to rush fee, and when rush was requested as Appraisal invoice is dated XXX.

XXX Client provided a XXX PCCD with cure, LOE, refund check and proof of shipment.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Required Reserves: $XXX. Verified $XXXSubject: $XXX x 12 = $XXXXXX $XXX x 3 = $XXX

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX credit score

409021249

XXXXXX

QM: Safe Harbor (APOR)

Credit

Terms/Guidelines

Waived

CRDTER3122

Loan documents do not meet guideline requirements

Missing XXX Worksheet for B3

XXX Client provided approved exception for missing XXX Worksheet

Upon further review by Senior Underwriter exception is deemed non material. Final Grade B

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Required Reserves: $XXX. Verified $XXXSubject: $XXX x 12 = $XXXXXX $XXX x 3 = $XXX

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX credit score

409021253

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

Seller fees listed on Seller CD but not all Fees are on Borrower final CD dated XXX As the fees are at least reflected there is no material issue. This exception is informational per xxx Compliance department and TRID 2.0 revisions. Exception satisfied. Final Grade A.

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Assets: Borrowers have $XXX in reserves. Required reserves are XXX month's x $XXX = $XXX total required reserves..

CFCFS1737: LTV below guideline requirements

- xxx Comments: LTV of XXX% is below guideline max LTV

CFCFS2854: Significant time in profession

- xxx Comments: Borrower has XXX years in the same profession.

409021304

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

The Final Closing Disclosure does not reflect all the required seller-paid fees.

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX% LTV; max XXX%.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: $XXX reserves; $7XXX*6= $XXX reserves required.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qual score; min XXX.

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX% DTI; max XXX%.

409021308

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

The Final Closing Disclosure does not reflect all the required Seller paid closing fees.

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1734: Borrower has significant time at current job

- xxx Comments: Borrowers have been self-employed with current business since XXX.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Credit score of XXX is XXX points above the minimum required score of XXX.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Borrowers have XXX months of PITI available in reserves; XXX months required.

409021308

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5111

TRID - LE delivered only via e-mail but there is no prior e-sign consent in file; by regulation, LE must be treated as not delivered

The file does not contain borrower's E-Consent documentation.

XXX Client provided the docusign with the XXX e-consent.

Condition Satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job

- xxx Comments: Borrowers have been self-employed with current business since XXX.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Credit score of XXX is XXX points above the minimum required score of XXX.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Borrowers have XXX months of PITI available in reserves; XXX months required.

409021589

XXXXXX

QM: Safe Harbor (APOR)

Credit

Income/Employment

Waived

CRDINC2496

Verbal verification of employment completed outside the stated requirements and/or after closing/funding

Missing B1 VOE to be performed no more than XXX(XXX) business days prior to the Note date XXX; VOE provided XXX is not within the guideline requirement.

XXX Client provided VVOE for B2 however initial condition is for B1 VVOE dated within XXX business days of Note. Condition remains XXX Client provided VVOE for B1 (post dated XXX and VVOE in file is dated XXX (not within XXX business days). Condition remains post close dated VVOE and prior to closing VVOE not dated within 10 business days for B1. XXX Client provided an approved exception to allow the file with a post close VVOE and prior to close outside XXX days

xxx final grade is B

(No Data)

Not Applicable

CFCFS2854: Significant time in profession

- xxx Comments: Borrower has been in the same profession for XXX years.

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX% LTV; max XXX%.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qual score; min XXX.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: $XXX reserves; $XXX*15 + XXX $XXX*3= $XXX reserves required.

CFCFS1740: Mortgage payment history exceeds guidelines

- xxx Comments: XXmo. 0x30 mortgage payment history; 0x30x24 required.

409021618

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

Seller fees were able to be sourced from the sellers CD document. Consistent with the XXX, we are satisfying to 1/A.

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS2854: Significant time in profession

- xxx Comments: B2 has been in the same profession for XXXyears.

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX% LTV; max XXX%.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qual score; min XXX.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: $XXX reserves; $XXX * 12= $XXX reserves required.

409021624

XXXXXX

QM: Safe Harbor (APOR)

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qualifying score; XXX required.

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX% DTI; XXX% max allowed.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Verified reserves of $XXX or XXX months PITI; $XXX or XXX months required.

409021641

XXXXXX

QM: Safe Harbor (APOR)

Compliance

Ability to Repay/Qualified Mortgage

Satisfied

CMPATRQM3220

TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; the loan file is missing documents to complete the ATR/QM review and render an accurate ATR/QM status.

Missing HUD-1 from sale of XXX XXX XX, XXX, XX XXXXX.

9/16 Client provided the HUD

Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX credit score exceed guideline minimum of XXX.

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX% LTV is below guideline maximum of XXX%

CFCFS1740: Mortgage payment history exceeds guidelines

- xxx Comments: Borrower's current mortgage history of XXX months exceeds guideline minimum of XXX months.

409021641

XXXXXX

QM: Safe Harbor (APOR)

Credit

Legal Documents

Satisfied

CRDLGL2550

Missing HUD-1 from sale of property

Missing HUD-1 from sale of XXX XXX XXX, XXX, XX XXXX. Evidence payoff of BNK XXX#XXX and XXX XX#XXX. Net proceeds of $XXX deposited XXX into borrower's XXX XX#XXX.

XXX Client provided the executed HUD from sale to relocation company with payoffs and sufficient proceeds

Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX credit score exceed guideline minimum of XXX.

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX% LTV is below guideline maximum of XXX%

CFCFS1740: Mortgage payment history exceeds guidelines

- xxx Comments: Borrower's current mortgage history of XXX months exceeds guideline minimum of XXX months.

409021650

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

Seller fees were able to be sourced from the sellers CD document. Consistent with the XXX, we are satisfying to 1/A.

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: High Credit XXX Guidelines allow XXX.

CFCFS2854: Significant time in profession

- xxx Comments: Borrower has XXX Years in Current Profession

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Post Close Assets are $ XXX or XXX months of PITIA Guidelines require X months or $XXX X 6 = $XXX+ XXX Months for Additional REO or $XXX X 3 = $XXX.

409021673

XXXXXX

QM: Safe Harbor (APOR)

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX % DTI

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Reserves: $XXX or XXX months PITI. XXX months required on subject and XXX months on REO

409021752

XXXXXX

QM: Safe Harbor (APOR)

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: High Credit XXX Guidelines allow XXX

CFCFS2860: Good credit history

- xxx Comments: Borrower Has history of good credit with XXX Late Payments > XXX Months

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Post Close Assets are $XXX or XXX months of PITIA Guidelines require X months or $XXX X 6 = $XXX

409021753

XXXXXX

QM: Safe Harbor (APOR)

CFCFS2854: Significant time in profession

- xxx Comments: Borrower has been in the same profession for XXX years.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qual score; min XXX.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: $XXX reserves; $XXX * XXX= $XXX reserves required.

409021799

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX% DTI is below guideline maximum of XXX%.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX credit score exceed guideline minimum of XXX.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Cash reserves $XXX- or XXX-months PITI exceed guideline

409021802

XXXXXX

QM: Safe Harbor (APOR)

CFCFS2854: Significant time in profession

- xxx Comments: Borrower has been in the same profession for XXX years.

CFCFS1736: Significant time at current residence

- xxx Comments: Borrower has been at the same residence for XXX years.

CFCFS1737: LTV below guideline requirements

- xxx Comments: XXX% LTV; max XXX%.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: $XXX reserves; $XXX * XXX= $XXX reserves required.

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: XXX qual score; min XXX.

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX% DTI; max XXX%

409021815

XXXXXX

QM: Safe Harbor (APOR)

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Credit score of XXX is 108 points above minimum program requirement of XXX.

CFCFS1731: Verified cash reserves exceed guidelines

- xxx Comments: Borrowers reserves exceed amount required by guidelines.

CFCFS1735: Co-Borrower has significant time at current job

- xxx Comments: B2 has been with current employer since XXX

409022300

XXXXXX

QM: Safe Harbor (APOR)

CFCFS1734: Borrower has significant time at current job

- xxx Comments: Borrower at current employment XXX years

CFCFS1744: DTI below guideline requirement

- xxx Comments: DTI XXX %

CFCFS1741: Credit score exceeds guidelines

- xxx Comments: Qualifying credit score XXX

409023738

XXXXXX

QM: Safe Harbor (APOR)

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

CMPTRID5293

TRID Not all required seller-paid fees were disclosed on the CD

The Final Closing Disclosure does not reflect all the required Seller paid closing fees.

(No Data)

This exception is informational. Exception satisfied. Final Grade A

Numeric

Not Applicable

CFCFS1744: DTI below guideline requirement

- xxx Comments: XXX % DTI; XXX % max allowed.

CFCFS1734: Borrower has significant time at current job

- xxx Comments: XXX years, XXX months at current job.

Client Name:
Client Project Name:	SEMT 2025-11
Start - End Dates:	5/26/2025 - 9/25/2025
Deal Loan Count:	187

Conditions Report 2.0

Loans in Report:	187
Loans with Conditions:	132

Loan Number

TRID Indicator

Lender Application Date

Broker Application Date

Initial Securitization Overall Loan Grade

Final Securitization Overall Loan Grade

Initial Securitization Credit Loan Grade

Final Securitization Credit Loan Grade

Initial Securitization Property Valuations Loan Grade

Final Securitization Property Valuations Loan Grade

Initial Securitization Compliance Loan Grade

Final Securitization Compliance Loan Grade

Initial S&P Overall Loan Grade

Final S&P Overall Loan Grade

Initial S&P Credit Loan Grade

Final S&P Credit Loan Grade

Initial S&P Property Valuations Loan Grade

Final S&P Property Valuations Loan Grade

Initial S&P Compliance Loan Grade

Final S&P Compliance Loan Grade

Did Lender Acknowledge Exception at Origination

409011483

Yes

XXXXXX

409012814

Yes

XXXXXX

Not Applicable

409013618

Yes

XXXXXX

Not Applicable

409013631

Yes

XXXXXX

Not Applicable

409013917

Yes

XXXXXX

409013956

Yes

XXXXXX

Not Applicable

409014270

Yes

XXXXXX

Not Applicable

409014919

Yes

XXXXXX

Not Applicable

409014946

Yes

XXXXXX

409014996

Yes

XXXXXX

Not Applicable

409015059

Yes

XXXXXX

Not Applicable

409015199

Yes

XXXXXX

409015453

Yes

XXXXXX

409015497

Yes

XXXXXX

Not Applicable

409015505

Yes

XXXXXX

Not Applicable

409015554

Yes

XXXXXX

Not Applicable

409015616

Yes

XXXXXX

409015703

Yes

XXXXXX

Not Applicable

409015743

Yes

XXXXXX

Not Applicable

409015915

Yes

XXXXXX

Not Applicable

409015938

Yes

XXXXXX

Not Applicable

409016290

Yes

XXXXXX

Not Applicable

409016342

Yes

XXXXXX

409016348

Yes

XXXXXX

Not Applicable

409016365

Yes

XXXXXX

Not Applicable

409016521

Yes

XXXXXX

Not Applicable

409016592

Yes

XXXXXX

Not Applicable

409016654

Yes

XXXXXX

409016676

Yes

XXXXXX

409016681

Yes

XXXXXX

Not Applicable

409016690

Yes

XXXXXX

Not Applicable

409016713

Yes

XXXXXX

Not Applicable

409016727

Yes

XXXXXX

Not Applicable

409016764

Yes

XXXXXX

409016784

Yes

XXXXXX

409016791

Yes

XXXXXX

409016794

Yes

XXXXXX

Not Applicable

409016858

Yes

XXXXXX

409016881

Yes

XXXXXX

409016894

Yes

XXXXXX

Not Applicable

409016976

Yes

XXXXXX

409017218

Yes

XXXXXX

Not Applicable

409017219

Yes

XXXXXX

409017306

Yes

XXXXXX

409017317

Yes

XXXXXX

Not Applicable

409017349

Yes

XXXXXX

Not Applicable

409017351

Yes

XXXXXX

409017413

Yes

XXXXXX

Not Applicable

409017470

Yes

XXXXXX

Not Applicable

409017473

Yes

XXXXXX

Not Applicable

409017485

Yes

XXXXXX

Not Applicable

409017487

Yes

XXXXXX

409017500

Yes

XXXXXX

Not Applicable

409017799

Yes

XXXXXX

Not Applicable

409017841

Yes

XXXXXX

Not Applicable

409017921

Yes

XXXXXX

Not Applicable

409017929

Yes

XXXXXX

409017991

Yes

XXXXXX

409017995

Yes

XXXXXX

Not Applicable

409017996

Yes

XXXXXX

Not Applicable

409018252

Yes

XXXXXX

409018259

Yes

XXXXXX

409018261

Yes

XXXXXX

Not Applicable

409018269

Yes

XXXXXX

409018272

Yes

XXXXXX

Not Applicable

409018277

Yes

XXXXXX

409018280

Yes

XXXXXX

409018374

Yes

XXXXXX

409018378

Yes

XXXXXX

409018380

Yes

XXXXXX

409018387

Yes

XXXXXX

Not Applicable

409018404

Yes

XXXXXX

409018406

Yes

XXXXXX

409018408

Yes

XXXXXX

409018432

Yes

XXXXXX

Not Applicable

409018438

Yes

XXXXXX

Not Applicable

409018448

Yes

XXXXXX

Not Applicable

409018460

Yes

XXXXXX

Not Applicable

409018491

Yes

XXXXXX

Not Applicable

409018496

Yes

XXXXXX

Not Applicable

409018505

Yes

XXXXXX

409018522

Yes

XXXXXX

Not Applicable

409018528

Yes

XXXXXX

Not Applicable

409018593

Yes

XXXXXX

409018594

Yes

XXXXXX

Not Applicable

409018606

Yes

XXXXXX

Not Applicable

409018617

Yes

XXXXXX

Not Applicable

409018619

Yes

XXXXXX

Not Applicable

409018709

Yes

XXXXXX

Not Applicable

409018724

Yes

XXXXXX

409018735

Yes

XXXXXX

Not Applicable

409018738

Yes

XXXXXX

409018750

Yes

XXXXXX

409018753

Yes

XXXXXX

Not Applicable

409018763

Yes

XXXXXX

Yes

409018766

Yes

XXXXXX

409018823

Yes

XXXXXX

409018834

Yes

XXXXXX

Not Applicable

409018844

Yes

XXXXXX

Not Applicable

409018854

Yes

XXXXXX

Not Applicable

409018856

Yes

XXXXXX

409018880

Yes

XXXXXX

Not Applicable

409018890

Yes

XXXXXX

409018891

Yes

XXXXXX

409018909

Yes

XXXXXX

409018919

Yes

XXXXXX

Not Applicable

409018933

Yes

XXXXXX

Not Applicable

409018948

Yes

XXXXXX

409018954

Yes

XXXXXX

Not Applicable

409018955

Yes

XXXXXX

409018969

Yes

XXXXXX

409018972

Yes

XXXXXX

409018981

Yes

XXXXXX

Not Applicable

409018983

Yes

XXXXXX

Not Applicable

409019075

Yes

XXXXXX

409019162

Yes

XXXXXX

409019168

Yes

XXXXXX

409019379

Yes

XXXXXX

409019385

Yes

XXXXXX

Not Applicable

409019429

Yes

XXXXXX

409019434

Yes

XXXXXX

409019450

Yes

XXXXXX

409019489

Yes

XXXXXX

Not Applicable

409019506

Yes

XXXXXX

409019532

Yes

XXXXXX

409019536

Yes

XXXXXX

Not Applicable

409019544

Yes

XXXXXX

409019567

Yes

XXXXXX

Not Applicable

409019598

Yes

XXXXXX

Not Applicable

409020593

Yes

XXXXXX

409020596

Yes

XXXXXX

Not Applicable

409020600

Yes

XXXXXX

Not Applicable

409020627

Yes

XXXXXX

Not Applicable

409020637

Yes

XXXXXX

409020640

Yes

XXXXXX

Not Applicable

409020649

Yes

XXXXXX

409020656

Yes

XXXXXX

Not Applicable

409020661

Yes

XXXXXX

Not Applicable

409020673

Yes

XXXXXX

Not Applicable

409020684

Yes

XXXXXX

Yes

409020686

Yes

XXXXXX

Not Applicable

409020702

Yes

XXXXXX

Not Applicable

409020707

Yes

XXXXXX

Not Applicable

409020725

Yes

XXXXXX

Not Applicable

409020734

Yes

XXXXXX

Not Applicable

409020736

Yes

XXXXXX

409020737

Yes

XXXXXX

Not Applicable

409020745

Yes

XXXXXX

409020747

Yes

XXXXXX

Not Applicable

409020754

Yes

XXXXXX

Not Applicable

409020810

Yes

XXXXXX

Not Applicable

409020815

Yes

XXXXXX

Not Applicable

409020837

Yes

XXXXXX

Not Applicable

409020979

Yes

XXXXXX

Not Applicable

409020988

Yes

XXXXXX

409020999

Yes

XXXXXX

Not Applicable

409021009

Yes

XXXXXX

Not Applicable

409021012

Yes

XXXXXX

Not Applicable

409021019

Yes

XXXXXX

409021021

Yes

XXXXXX

Not Applicable

409021023

Yes

XXXXXX

409021074

Yes

XXXXXX

409021101

Yes

XXXXXX

Not Applicable

409021114

Yes

XXXXXX

Not Applicable

409021119

Yes

XXXXXX

Not Applicable

409021147

Yes

XXXXXX

Not Applicable

409021158

Yes

XXXXXX

Not Applicable

409021178

Yes

XXXXXX

Not Applicable

409021192

Yes

XXXXXX

Not Applicable

409021244

Yes

XXXXXX

Not Applicable

409021249

Yes

XXXXXX

Not Applicable

409021253

Yes

XXXXXX

409021304

Yes

XXXXXX

Not Applicable

409021308

Yes

XXXXXX

Not Applicable

409021589

Yes

XXXXXX

Not Applicable

409021618

Yes

XXXXXX

Not Applicable

409021624

Yes

XXXXXX

Not Applicable

409021641

Yes

XXXXXX

Not Applicable

409021650

Yes

XXXXXX

Not Applicable

409021673

Yes

XXXXXX

Not Applicable

409021752

Yes

XXXXXX

Not Applicable

409021753

Yes

XXXXXX

Not Applicable

409021799

Yes

XXXXXX

Not Applicable

409021802

Yes

XXXXXX

Not Applicable

409021815

Yes

XXXXXX

409022300

Yes

XXXXXX

409023738

Yes

XXXXXX

Not Applicable

EX-99.7 8 exhibit99-7.htm CLAYTON WAIVED CONDITIONS SUMMARY

Client Name:
Client Project Name:	SEMT 2025-11
Start - End Dates:	5/26/2025 - 9/25/2025
Deal Loan Count:	187

Waived Conditions Summary

Review Scope	Category	Code	Description	Count
Credit	Terms/Guidelines	CRDTER109	Cash Out Amount Exceeds Guidelines	1
Credit	Terms/Guidelines	CRDTER3122	Loan documents do not meet guideline requirements	4
Credit	Terms/Guidelines	CRDTER4631	Loan parameters do not meet guidelines	4
Credit	Credit/Mtg History	CRDCRMH104	Credit score below guidelines	1
Credit	Credit/Mtg History	CRDCRMH149	Missing support docs for VOM/VOR (e.g. cancelled checks)	1
Credit	Credit/Mtg History	CRDCRMH1805	Debts/obligations not disclosed/accounted for at origination	1
Credit	Credit/Mtg History	CRDCRMH183	Credit report incomplete	2
Credit	DTI	CRDDTI105	Debt Ratio Exception xxx% or Less	1
Credit	LTV/CLTV	CRDLTV3026	LTV Exceeds Guideline Requirement by at least xxx%, but less than xxx%	2
Credit	Income/Employment	CRDINC2408	Income verification does not meet guidelines	1
Credit	Income/Employment	CRDINC2488	Verbal verification of employment missing	1
Credit	Income/Employment	CRDINC2496	Verbal verification of employment completed outside the stated requirements and/or after closing/funding	1
Credit	Income/Employment	CRDINC3204	Income Documentation Missing	2
Credit	Assets	CRDAST3078	Insufficient # of months cash reserves for PITI per guideline requirements	1
Property Valuations	Property	PRVAPROP177	Property Issues Indicated	2
Compliance	Right of Rescission	CMPROR1909	Incorrect ROR Form Used - xxx Form Used in Refinance With Original Creditor	4
Compliance	RESPA	CMPRESPA2700	RESPA - List of homeowners counseling organizations not provided w/in xxx days of application	2
Total				31
©2025 Clayton Services LLC. All rights reserved. Ownership and use of this report is governed by the legal agreement between Clayton and the party for which it was prepared. Any use not expressly authorized by such agreement, including reliance on this report by anyone other than such party, is prohibited.

EX-99.8 9 exhibit99-8.htm AMC DILIGENCE, LLC ("AMC") DUE DILIGENCE EXECUTIVE SUMMARY

EXECUTIVE SUMMARY

DESCRIPTION OF SERVICES

(1) Type of assets that were reviewed.

AMC Diligence, LLC (“AMC”) performed certain due diligence services (the “Review”) described below on residential mortgage loans acquired by Redwood Residential Acquisition Corporation (the “Client”) via reliance letter. The Review was conducted in May 2025 through August 2025 on mortgage loans with origination dates in April 2025 through July 2025 via files imaged and provided by the original client for review.

(2) Sample size of the assets reviewed.

During the course of the securitization evaluation process, the Client may have removed loans that were reviewed by AMC from the securitization for reasons that were not disclosed to AMC. The final population of the Review covered 197 mortgage loans totaling an aggregate original principal balance of approximately $253.108 million.

(3) Determination of the sample size and computation.

AMC’s Review was conducted consistent with the criteria for the nationally recognized statistical rating organizations, NRSRO(s), identified in Item 3 of the ABS Due Diligence-15E. AMC does not know the size of the overall securitization population and other third-party review (“TPR”) firms may have reviewed loans within the overall securitization population. As such, AMC cannot state the overall sample size.

(4) Quality or integrity of information or data about the assets: review and methodology.

AMC compared data fields on the bid tape provided by the Client to the data found in the actual mortgage loan file as captured by AMC. This comparison, when data was available, included the following data fields:

Amortization Term	Investor: Qualifying Total Debt Ratio	Property Type
Amortization Type	Occupancy	Purpose
Borrower Qualifying FICO	Original CLTV	Refi Purpose
Coborrower Qualifying FICO	Original LTV	Zip

Additionally, AMC verified (i) listed borrowers signed documents requiring signature, (ii) borrowers signing documents were eighteen (18) years or older at the time of the mortgage loan origination, (iii) that all riders required by the terms of the mortgage and mortgage note were attached to the respective document, (iv) that social security numbers across documents were consistent, and (v) debt-to-income ratio (“DTI(s)”) and/or loan-to-value ratios (“LTV(s)”) were used in the assessment of conformity guidelines.

(5) Origination of the assets and conformity to stated underwriting or credit extension guidelines, standards, criteria or other requirements: review and methodology.

AMC reviewed asset origination to determine conformity to the stated underwriting or credit extension guidelines, standards, criteria or other requirements, including, as applicable, the Ability to Repay and Qualified Mortgage requirements described below, that were provided to AMC. When applicable, a review of the mortgage loan file to the Automated Underwriting System output within the mortgage loan file was also performed.

Credit Application: For the Credit Application, AMC verified that the application: (i) was signed by all listed borrowers, (ii) was substantially filled out, (iii) contained all known borrower-owned properties on the Real Estate Owned section 2, and (iv) included the borrower’s employment history.

Credit Report: AMC’s review included confirming that a credit report, that met guideline requirements, was present for each borrower and that such borrower’s credit profile adhered to the guidelines. In order to make this determination, AMC: (i) captured the monthly consumer debt payments for use in relevant calculations, (ii) noted and researched the Real Estate Owned and fraud alerts, (iii) gathered liabilities listed on the credit report to be included in the debt to income ratio as appropriate, and (iv) gathered data required for the ASF tape submission including (a) the most recent FICO (scores from Equifax, Experian, and Transunion if available), (b) the most recent FICO date, (c) the longest trade line, (d) the maximum trade line, (e) the number of trade lines, and (f) the credit usage ratio.

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Employment and Income: AMC determined whether applicable supporting employment and income documentation required by the guidelines, and as applicable Appendix Q or ATR, was present in the mortgage loan file and where possible, wasn’t fraudulent. This documentation was used to verify whether the income used to qualify the mortgage loan was calculated in accordance with the guidelines and may have included items such as: (i) verbal or written verification of employment, (ii) pay stubs, (iii) W-2 forms, (iv) tax returns, (v) financial statements, (vi) IRS tax transcripts, and (vii) Bank Statements.

Asset Review: AMC assessed whether the asset documentation required by the guidelines, and as applicable, Appendix Q or ATR, was present in the mortgage loan file. Utilizing this documentation, AMC completed a review of the reserve calculation and any large deposits. Documentation verifying assets for down payment, closing costs, prepaid items and reserves may have included: (i) verification-of-deposit (“VOD(s)”), (ii) depository account statements, (iii) stock or security account statements, (iv) gift funds, (v) escrow or earnest money deposits, and (vi) settlement statements or other evidence of conveyance and transfer of funds (if a sale of assets was involved).

Hazard/Flood Insurance/Taxes: A review of the insurance present on the mortgage loan was also performed by AMC. During the course of this review, AMC (i) verified that the hazard insurance met the minimum required amount of coverage in the guidelines, (ii) confirmed that the mortgage clause listed the lender’s name and “its successors and assigns,”, (iii) confirmed that the premium amount on both the hazard and flood insurance matched what was used in the DTI calculations, (iv) reviewed the tax certificate to verify and compare monthly escrows used to calculate DTI matched and that taxes were current, (v) confirmed that the flood certification was for the correct borrower, property, lender and mortgage loan number and was a “Life of Loan” certification, and (vi) completed other property specific items including (a) for condominium properties, confirming that the blanket policy met the minimum amount of coverage in the guidelines and (b) for properties in a flood zone per the flood certification, confirming that flood insurance met guideline requirements and met the minimum required amount of coverage in the guidelines.

Occupancy Review: AMC confirmed the property occupancy is consistent with the mortgage loan approval and borrowers’ application disclosure based solely on information contained in the mortgage loan file and any fraud report obtained in connection with the mortgage loan.

Guideline Review: During the course of the review, AMC confirmed the mortgage loan was originated in accordance with required guidelines by reviewing conformity of mortgage loan, transaction type, and borrower characteristics to stated guidelines. Mortgage characteristics examined included (i) DTI of the borrower, (ii) the LTV/TLTV/HTLTV, (iii) the credit score for each borrower, (iv) asset reserves of the borrower, (v) property type, (vi) property usage, and (vii) other property specific items including (a) for condominium or cooperative properties, assessing whether the condominium or cooperative project adheres to required guidelines.

Fraud Review: AMC reviewed fraud report results in each mortgage loan file, to the extent present, in conjunction with source documents found in the mortgage loan file to assess the likelihood of any misrepresentations associated with the origination of the mortgage loan. If the mortgage loan file did not contain a fraud report and the counterparty did not produce one, AMC conditioned the mortgage loan for the missing fraud report product.

If a report was present, AMC reviewed the report for (i) any name variations for the borrowers, (ii) any social security number variations for the borrowers, (iii) any potential occupancy issues based on the borrower’s address history, (iv) any noted employment issues, and (v) any additional consumers associated with the borrower’s profile. If any findings were noted, AMC confirmed that such findings and/or variations were addressed by the originator in the origination of the asset or that such red flag issues were fully addressed via mortgage loan documentation provided.

Additional Review of Mortgage Loan File: AMC also reviewed the closing documents to ensure that the mortgage loan file information is complete, accurate, and contains consistent documentation. Included in the portion of the review are items such as reviewing for (i) evidence of primary mortgage insurance, (ii) if the property is located in an area that was listed as a FEMA disaster zone post origination, (iii) the presence of loan modification documents, and (iv) general conformity to Fannie Mae or Freddie Mac approved formats at the time of origination.

If standard GSE forms were not used for the mortgage loan, AMC sought to confirm the existence of: (i) a “due on sale” clause, (ii) mortgagor’s requirement to maintain adequate insurance at the mortgagor’s own expense, and (iii) the holder’s right to foreclose and to confirm that any homestead exemption has been waived as required by applicable law within the forms utilized.

2 | Page

(6) Value of collateral securing the assets: review and methodology.

AMC’s review included a review of the valuation materials utilized during the origination of the loan and in confirming the value of the underlying property. AMC’s review included verifying the appraisal report was (i) on the appropriate GSE form, (ii) materially complete, (iii) in conformity with the guideline requirements for the property type in question, (iv) completed by an appraiser that was actively licensed to perform the valuation, (v) completed such that the named client on the appraisal report is the lender or a related entity that is permitted to engage the lender per Title XI of FIRREA, (vi) made and signed prior to the final approval of the mortgage loan application, (vii) completed and dated within the guideline requirements, (vii) made on an “as is” basis or provides satisfactory evidence of completion of all material conditions including all inspections, licenses, and certificates (including certificates of occupancy) to be made or issued with respect to all occupied portions of the mortgaged property and with respect to the use and occupancy of the same, have been made or obtained from the appropriate authorities.

With regard to the use of comparable properties, AMC’s review (i) captured the relative comparable data (gross and net adjustments, sale dates and distance from subject property) and ensured that such comparable properties are within standard appraisal guidelines; (ii) confirmed the property value and square footage of the subject property was bracketed by comparable properties, (iii) verified that comparable properties used are similar in size, style, and location to the subject, and (iv) checked for the reasonableness of adjustments when reconciling value between the subject property and comparable properties.

Other aspects of AMC’s review included (i) verifying that the address matched the mortgage note, (ii) verifying that the appraisal and the policies and procedures with regard to appraisal, including the appropriate level of review, when originating the mortgage loan, were followed, (iii) noting whether the property zip code was declared a FEMA disaster area after the valuation date and notifying the Client of same (iv) confirming the appraisal report does not include any apparent environmental problems, (v) confirming the appraisal notes the current use of the property is legal or legal non-conforming (grandfathered), (vi) reviewing pictures to ensure (a) that the property is in average or better condition and any repairs are noted where required and (b) that the subject property is the one for which the valuation was ordered and that there are no negative external factors; and (vii) confirming that the value product that was used as part of the origination decision was directly accessible to AMC or if it was not directly accessible that another valuation product that was directly accessible to AMC was ordered in accordance with the Client’s specific valuation waterfall process. If more than one valuation was provided, AMC confirmed consistency among the valuation products and if there were discrepancies that could not be resolved, AMC created an exception.

(7) Compliance of the originator of the assets with federal, state and local laws and regulations: review and methodology.

Please be advised that AMC did not make a determination as to whether the mortgage loans complied with federal, state or local laws, constitutional provisions, regulations or ordinances that are not expressly enumerated below. There can be no assurance that the Review uncovered all relevant factors relating to the origination of the mortgage loans, their compliance with applicable law and regulations and the original appraisals relating to the mortgaged properties or uncovered all relevant factors that could affect the future performance of the mortgage loans. Furthermore, the findings reached by AMC are dependent upon its receiving complete and accurate data regarding the mortgage loans from mortgage loan originators and other third parties upon which AMC is relying in reaching such findings.

With regard to TILA-RESPA Integrated Disclosure (“TRID”) testing, AMC implemented the TRID scope of review referenced within the Regulatory Compliance section (III) based on (i) the RMBS 3.0 TRID Compliance Review Scope published by the Structured Finance Association (“SFA”) (formerly, the Structured Finance Industry Group, “SFIG”) (the "SFA Compliance Review Scope") and (ii) outside counsel’s interpretations of the published regulations as of the date of review of each mortgage loan. AMC worked with outside counsel and continues to obtain updated interpretations relative to the informal guidance provided by the Consumer Financial Protection Bureau (“CFPB”) which has caused alterations in the review scope and severity of TRID related exceptions, including applicable cures. (This will continue as necessary as additional guidance becomes available, as well as any future rulemaking.) While AMC continues to make a good faith effort to identify material TRID exceptions and apply the appropriate grading, the implementation of new regulations (including TRID) that impact residential mortgages carries certain interpretive risk and continues to evolve, impacting the review scope and exception severity. AMC has worked closely with the NRSROs and the Client to disclose, as mutually agreed upon by the parties, the relevant exceptions per AMC’s suggested review implementation as reviewed by outside counsel; however, no assurances can be provided and/or are given that AMC has included within its Review all areas that may represent risk to the securitization trust, or that areas of risk identified by AMC will result in the potential level of risk indicated by an Event Level or NRSRO grade.

3 | Page

Please be further advised that AMC does not employ personnel who are licensed to practice law in the various jurisdictions, and the findings set forth in the reports prepared by AMC do not constitute legal advice or opinions. They are recommendations or conclusions based on information provided to AMC. Information contained in any AMC report related to the applicable statute of limitations for certain claims may not be accurate or reflect the most recent controlling case law. Further, a particular court in a particular jurisdiction may extend, not enforce or otherwise allow claims beyond the statute of limitations identified in the report based on certain factors, including the facts and circumstances of an individual mortgage loan. All final decisions as to whether to purchase or enter into a transaction related to any individual mortgage loan or the mortgage loans in the aggregate, any investment strategy and any legal conclusions, including the potential liability related to the purchase or other transaction involving any such mortgage loan or mortgage loans, shall be made solely by the Client, or other agreed upon party, that has engaged AMC to prepare its reports pursuant to its instructions and guidelines. The Client, or other agreed upon party, acknowledges and agrees that the scoring models applied by AMC are designed to identify potential risk and the Client, or other agreed upon party, assumes sole responsibility for determining the suitability of the information for its particular use. AMC does not make any representation or warranty as to the value of any mortgage loan or mortgage loans collateral that has been reviewed by AMC.

AMC reviewed each residential mortgage loan to determine, as applicable, to the extent possible and subject to the caveats below, whether the mortgage loan complies with:

(I) Federal Truth in Lending Act (“TILA”), as implemented by Regulation Z, 12 C.F.R. Part 1026, as set forth below:

Rescission (§1026.23, §1026.15):

failure to provide the right of rescission notice;

ii)

failure to provide the right of rescission notice in a timely manner and to the correct consumer(s);

iii)

errors in the right of rescission notice;

iv)

failure to provide the correct form of right of rescission notice;

failure to provide the three (3) business day rescission period;

vi)

any material disclosure violation on a rescindable mortgage loan that gives rise to the right of rescission under TILA, which means the required disclosures of the annual percentage rate, the finance charge, the amount financed, the total of payments, the payment schedule, the HOEPA disclosures, or those related to prepayment penalties on covered transactions; and

vii)

with respect to applicable exception remediation measures, confirm that a letter of explanation, a refund if applicable, new corrected material disclosures and a new notice of right to cancel was provided.

TIL Disclosure (§§1026.17, 18 and 19) as applicable for loans with application dates prior to October 3, 2015:

review and comparison of the initial and final TIL disclosures, and any re-disclosed TIL(s);

ii)

proper execution by all required parties;

iii)

principal and interest calculations, and proper completion of the interest rate and payment summary; and

iv)

timing of initial and re-disclosed TIL(s).

Home Equity Plans Disclosures (§§1026.6, 40) as applicable

failure to provide the applicable home equity initial and account opening disclosures

ii)

failure to provide the applicable home equity initial and account opening disclosures in a timely manner

Tolerances (§§1026.18, 22 23, and 38):

inaccurate Annual Percentage Rate (APR) outside of applicable tolerance by comparing disclosed APR to re-calculated APR; and

ii)

inaccurate Finance Charge outside of applicable tolerance by comparing disclosed Finance Charge to re-calculated Finance Charge.

iii)

inaccurate Total of Payments outside of applicable tolerance by comparing disclosed Total of Payments to re-calculated Total of Payments.

High-cost Mortgage (§§1026.31, 32 and 34):

points and fees threshold test;

ii)

APR threshold test;

iii)

prepayment penalty threshold test; and

iv)

compliance with the disclosure requirements, limitation on terms and prohibited acts or practices in connection with a high-cost mortgage.

Higher-priced Mortgage Loan (§1026.35):

APR threshold test; and

ii)

compliance with the escrow account and appraisal requirements as applicable.

4 | Page

With respect to brokered mortgage loans, the Prohibitions and Restrictions related to Loan Originator Compensation and Steering (§1026.36):

review relevant documentation to determine if compensation to a Loan Originator was based on a term of the transaction;

ii)

review relevant document to determine if there was dual compensation; and

iii)

review the presence of the mortgage loan option disclosure and to determine if the Steering Safe Harbor provisions were satisfied.

(1)

Note: Where available, AMC reviewed the relevant documents in the mortgage loan file and, as necessary, attempted to obtain the mortgage loan originator compensation agreement and/or governing policies and procedures of the mortgage loan originator. In the absence of the mortgage loan originator compensation agreement and/or governing policies and procedures, AMC’s review was limited to formal general statements of entity compliance provided by the mortgage loan originator, if any. These statements, for example, were in the form of a letter signed by the seller correspondent/mortgage loan originator or representations in the mortgage loan purchase agreement between the Client and seller correspondent;

Homeownership counseling (§1026.36):

determine if the creditor obtained proof of homeownership counseling in connection with a mortgage loan to a first time homebuyer that contains a negative amortization feature.

Mandatory Arbitration Clauses (§1026.36):

determine if the terms of the mortgage loan require arbitration or any other non-judicial procedure to resolve any controversy or settle any claims arising out of the transaction.

Prohibition on Financing Credit Insurance (§1026.36):

determine if the creditor financed, directly or indirectly, any premiums or fees for credit insurance.

Nationwide Mortgage Licensing System (NMLS) & Registry ID on Loan Documents (§1026.36):

review for presence of mortgage loan originator organization and individual mortgage loan originator name and NMLSR ID, as applicable, on the credit application, note or mortgage loan contract, security instrument, Loan Estimate and Closing Disclosure; and

ii)

verify the data against the NMLSR database, as available.

(II) Federal Real Estate Settlement Procedures Act (“RESPA”), as implemented by Regulation X, 12 C.F.R. Part 1024, as set forth below:

Good Faith Estimate (GFE) (§1024.7) as applicable for loans with application dates prior to October 3, 2015:

confirm the presence of the current GFE form in effect at the time of origination;

ii)

verify GFE was provided to the borrower(s) within three (3) business days of application;

iii)

verify all sections of the GFE were accurately completed and that information was reflected in the appropriate locations;

iv)

determine whether a valid and properly documented changed circumstance accompanies any changes to mortgage loan terms and/or fees on any revised GFEs over the applicable tolerance(s); and

confirm the presence of a settlement service provider list, as applicable.

Final HUD-1/A Settlement Statement (HUD) (§1024.8) as applicable for loans with application dates prior to October 3, 2015:

confirm current applicable HUD form was provided;

ii)

determination that the mortgage loan file contains the final HUD;

iii)

escrow deposit on the final HUD matches the initial escrow statement amount; and

iv)

verify all sections of the final HUD were accurately completed and that information was reflected in the appropriate locations.

GFE and Final HUD Comparison (§1024.7) as applicable for loans with application dates prior to October 3, 2015:

review changes disclosed on the last GFE provided to the borrower(s) to determine that such changes were within the allowed tolerances;

ii)

confirm mortgage loan terms and fees disclosed on the third page of the final HUD accurately reflect how such items were disclosed on the referenced GFE, page 2 of the final HUD and mortgage loan documents; and

iii)

review any documented cure of a tolerance violation to determine that the proper reimbursement was made and a revised HUD was provided at or within 30 days of settlement.

Additional RESPA/Regulation X Disclosures and Requirements (§1024.6, 15, 17, 20, and 33):

confirm the presence of the Servicing Disclosure Statement form in the mortgage loan file;

ii)

verify the Servicing Disclosure Statement was provided to the borrower(s) within three (3) business days of application;

5 | Page

iii)

confirm the presence of the Special Information Booklet in the mortgage loan file or that the mortgage loan file contains documentary evidence that the disclosure was provided to the borrower;

iv)

confirm the Special Information Booklet was provided within three (3) business days of application;

confirm the presence of the Affiliated Business Arrangement Disclosure in the mortgage loan file in the event the lender has affiliated business arrangements;

vi)

confirm the Affiliated Business Arrangement Disclosure was provided no later than three (3) business days of application;

vii)

confirm the Affiliated Business Arrangement Disclosure is executed; and

viii)

confirm the presence of the Initial Escrow Disclosure Statement in the mortgage loan file and proper timing;

ix)

confirm that the creditor provided the borrower a list of homeownership counselling organizations within three (3) business days of application; and

confirm that the list of homeownership counselling organizations was obtained no earlier than 30 days prior to when the list was provided to the mortgage loan applicant.

(III) Sections 1098 and 1100A of Dodd-Frank amending TILA and RESPA, as implemented by Regulation Z, 12 C.F.R. Part 1026, as set forth below (applicable only for mortgage loans with application dates on or after October 3, 2015):

Loan Estimate (LE) (§§1026.19 and 37):

confirm the presence of LE for applications on or after October 3, 2015;

ii)

confirm the initial LE date indicates it was delivered or placed in the mail within three (3) business days of application;

iii)

confirm that certain sections of each LE determined to carry assignee liability under the SFA Compliance Review Scope were accurately completed and that information was reflected in the appropriate locations, which, in certain instances, was based solely on the information disclosed on the LE;

iv)

confirm the initial LE was delivered or placed in the mail not later than seven (7) business days prior to consummation of the transaction, or such period was waived due to a bona fide financial emergency;

confirm that each revised LE is accompanied by valid written documentation explaining the reason for re-disclosure to allow for fee increases based on a valid change of circumstance and was timely provided within 3 business days of issuance;

vi)

capture whether a settlement service provider list (“SSPL”) was provided (in instances when a consumer is given an opportunity to shop for services). Failure to provide SSPL is not cited separately under SFA compliance review scope, however, absence of SSPL from loan file is treated as not provided and impacts fee tolerance categories as prescribed by regulation.

vii)

confirm borrower received LE not later than four (4) business days prior to consummation; and

viii)

confirm LE was not provided to the borrower on or after the date of the CD.

Closing Disclosure (CD) (§§1026.19 and 38):

confirm the presence of CD for applications on or after October 3, 2015;

ii)

confirm the borrower received CD at least three (3) business days prior to consummation, or that such period was waived due to a bona fide financial emergency;

iii)

confirm that certain sections of each CD determined to carry assignee liability under the SFA Compliance Review Scope were accurately completed and that information was reflected in the appropriate locations, which, in certain instances, was based solely on the information disclosed on the CD;

iv)

confirm that a revised CD was received in a timely manner if the initial or any revised CD became inaccurate;

identify tolerance violations based on the charges disclosed on the initial and interim LE’s, initial CD, and reflected on the final CD;

vi)

with respect to tolerance violations based on the disclosed charges on the LE and CD, confirm that the creditor cured the violations no later than 60 days after consummation, or within 60 days of discovery; and

vii)

with respect to applicable exception remediation measures for numerical exceptions, confirm that a letter of explanation, as well as a refund as applicable, was delivered or placed in the mail no later than 60 days after discovery of the exception establishing the need for a revised CD or with respect to exception remediation measures for non-numerical exceptions, that a corrected CD was delivered or placed in the mail no later than 60 days after consummation. (In an attempt to establish a best practices approach to pre-securitization due diligence, as it applies to TILA RESPA Integrated Disclosure testing, the Structured Finance Association (“SFA”) has a working group that consists of industry participants including third party review providers and law firms who agreed to a standardized approach to remediation considerations. This approach is intended to be based on a reasoned legal analysis that expressly assumes that courts will interpret TRID in accordance with the principals of liability set forth in the letter to the MBA from Richard Cordray, the

6 | Page

Director of the CFPB. No assurances can be provided that the courts in question will interpret TRID in accordance with the SFA Compliance Review Scope.)

Your Home Loan Toolkit (§1026.19):

confirm the presence of Your Home Loan Toolkit in the mortgage loan file or that the mortgage loan file contains documentary evidence that the disclosure was provided to the borrower; and

ii)

confirm Your Home Loan Toolkit was delivered or placed in the mail not later than three (3) business days after receipt of application.

(IV) Sections 1411 and 1412 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank”) amending TILA, as implemented by Regulation Z, 12 C.F.R. 1026.43, as set forth below:

The general Ability to Repay (ATR) underwriting standards (12 C.F.R. 1026.43(c));

Refinancing of non-standard mortgages (12 C.F.R. 1026.43(d));

Qualified Mortgages (QM) (12 C.F.R. 1026.43(e) (including qualified mortgages as separately defined by the Department of Housing and Urban Development (24 C.F.R. 201 and 203 et seq.), and the Department of Veterans Affairs (38 C.F.R. Part 36 et seq.); and

Balloon-payment qualified mortgages made by certain creditors (12 C.F.R. 1026.43(f)).

AMC reviews applicable mortgage loans for compliance with the ATR and QM rule requirements based upon each mortgage loan’s originator designation (Safe Harbor QM, Higher-priced QM, Temporary SHQM, Temporary HPQM, Non-QM, Exempt from ATR). AMC determines the mortgage loan’s status under the ATR or QM rule requirements and assigns a due diligence mortgage loan designation. Generally, AMC notes as a material exception if the due diligence findings do not confirm the originator’s mortgage loan designation. Additionally, AMC notes if an originator mortgage loan designation was not provided.

Qualified Mortgage

With respect to QM (Safe Harbor and Higher-priced) designated mortgage loans, AMC reviews the mortgage loan to determine whether, based on available information in the mortgage loan file: (i) the mortgage loan contains risky mortgage loan features and terms (e.g. an interest only feature or negative amortization), (ii) the “points and fees” exceed the applicable QM threshold, (iii) the monthly payment was calculated appropriately, (iv) the creditor considered and verified income or assets at or before consummation, (v) the creditor appropriately considered debt obligations, alimony and child support, and (vi) depending on the application date, defined in accordance with 1026.2(a)(3)(ii) and the loan designation provided on the subject loan, either:

1.)

for loans with an application date, defined in accordance with § 1026.2(a)(3)(ii), prior to 3/1/2021, at the time of consummation, if the debt-to-income ratio exceeds 43% (calculated in accordance with Appendix Q to Regulation Z). This portion of the Review includes a recalculation of all income and liabilities with attention to the appropriate documentation of each source,

2.)

for loans with an application date, defined in accordance with § 1026.2(a)(3)(ii), on or after 3/1/2021, but before 10/1/2022, submitted with a loan designation of Safe Harbor QM, Higher Priced QM, Safe Harbor QM (43-Q), or Higher Priced QM (43-Q), whether at the time of consummation, the debt-to-income ratio exceeds 43% (calculated in accordance with Appendix Q to Regulation Z). This portion of the Review includes a recalculation of all income and liabilities with attention to the appropriate documentation of each source, or

3.)

for loans with an application date, defined in accordance with § 1026.2(a)(3)(ii), taken on or after 3/1/2021, submitted with a loan designation of Safe Harbor QM (APOR), or Higher Priced QM (APOR), “Revised QM”, whether the APR exceeds the average prime offer rate by 2.25 or more percentage points, (additional thresholds applicable for lower loan balances, subordinate lien covered transactions and certain manufactured homes loan amounts), and whether the loan does not meet the credit guidelines without a documented exception and compensating factors.

For the mortgage loans determined to be Safe Harbor QM (APOR), the AMC report will indicate (i) “Yes” with respect to any mortgage loan for which the lender provided a Verification Safe Harbor, (“VSH”) indicator of “Yes” on such mortgage loans, (ii) “No” with respect to any mortgage loan for which the lender provided a VSH indicator of “No” and (iii) “Not Stated” with respect to any mortgage loan for which the lender did not provide a VSH indicator.

* Note, for mortgage loans in which the lender provided the VSH indicator, AMC captured the VSH indicator in the AMC report but did not verify the VSH indicator as provided by the related lender.

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In addition to the above, for loans (i) that are designated as “Yes” with respect to a VSH indicator, (ii) for which such “Yes” VSH indicator was provided within the loan images, on the data tape or in the deal notes, and (iii) for which the related mortgage loan guidelines utilized one of the specified GSE June 2020 guidelines to meet VSH, AMC performed an additional variance evaluation on such QM (APOR) mortgage loans. AMC’s variance evaluation consists of a review of such mortgage loan to identify documentation variances that would cause one to question the VSH attestation provided by the lender. If variances were identified, the mortgage loan would not be identified by AMC to meet the VSH documentation requirements under either the Fannie Mae guidelines or under the Freddie Mac guidelines, and the AMC report will indicate “No” with respect to such mortgage loans. The results of the variance evaluation are reflected in the reports.

This portion of the Review includes a recalculation of all income and liabilities with attention to the appropriate documentation of each source.

If a mortgage loan was designated as QM and identified as eligible for guarantee, purchase, or insurance by an applicable agency as permitted under the QM final rule, AMC reviews the mortgage loan to determine whether, based on available information in the mortgage loan file, if the mortgage loan satisfied (i), (ii) and (iii) in the preceding paragraph. In addition, AMC reviews the Automated Underwriting System output within the file to confirm agency eligibility.

For each QM designated mortgage loan that satisfied the applicable requirements enumerated above, AMC then determines whether the mortgage loan is a Safe Harbor QM or Higher Priced QM by comparing the mortgage loan’s actual annual percentage rate, as recalculated, to the applicable average prime offer rate plus a certain applicable percentage. The Review also includes determining, as applicable, whether a mortgage loan is a qualified mortgage as defined by the Department of Housing and Urban Development (24 C.F.R. 201 and 203 et seq.), and the Department of Veterans Affairs (38 C.F.R. Part 36 et seq.).

For each QM designated mortgage loan that does not satisfy the applicable requirements enumerated above, AMC then determines whether the mortgage loan complies with the ATR rule consideration and verification requirements and provides a due diligence designation of Non-QM compliant or non-compliant.

General Ability to Repay

AMC reviews the mortgage loan to determine whether, based on available information in the mortgage loan file, the creditor considered, as applicable, the following eight underwriting factors, and verified such information using reasonably reliable third-party records, at or before consummation: (i) the consumer's current or reasonably expected income or assets, (ii) if the creditor relied on income from the consumer's employment in determining repayment ability (the consumer's current employment status); (iii) the consumer's monthly payment; (iv) the consumer's monthly payment on any simultaneous loan that the creditor knows or has reason to know will be made; (v) the consumer's monthly payment for mortgage-related obligations; (vi) the consumer's current debt obligations, alimony, and child support; (vii) the consumer's monthly debt-to-income ratio or residual income; and (viii) the consumer's credit history. This portion of the Review also focuses on full recalculation of income and debts, as well as the documentation provided to support each item used in originator’s determination of the ability to repay.

AMC reviews mortgage loans to determine their conformity with the ATR/QM factors above, and is not rendering an independent assessment or opinion, warranting or representing that a mortgage loan will be deemed to conform to Safe Harbor, Rebuttable Presumption, ATR or other status based on any additional or revised factors that may be considered by legislative, regulatory, administrative or judicial authorities (“Authorities”). AMC does not represent or warrant that the factors for which it is reviewing the mortgage loans constitute all of the factors and/or criteria that Authorities may consider in determining the status of a mortgage loan. AMC’s review is based on information contained in the mortgage loan file at the time it is provided to AMC to review, and only reflects information as of that point in time.

(V) The Equal Credit Opportunity Act, as implemented by Regulation B, 12 C.F.R. Part 1002, as set forth below:

Providing Appraisals and Other Valuations (12 C.F.R. 1002.14):

timing and content of the right to receive copy of appraisal disclosure;

ii)

charging of a fee for a copy of the appraisal or other written valuation;

iii)

timing of creditor providing a copy of each appraisal or other written valuation; and

iv)

with respect to a borrower that has waived the three (3) business day disclosure requirement, confirm that (a) the borrower has signed the waiver or other acknowledgment at least three (3) business days prior to consummation; and (b) that the lender has provided copies of appraisals and other written valuations at or prior to consummation.

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(VI) Fannie Mae points and fees limitations and HOEPA restrictions as addressed in Fannie Mae Announcement 04-06, as amended by Lender Letters LL-2013-05 and LL-2013-06 and Selling Guide Announcement SEL-2013-06;

(VII) The disclosure requirements and prohibitions of Section 50(a)(6), Article XVI of the Texas Constitution and associated regulations;

(VIII) The disclosure requirements and prohibitions of state, county and municipal laws and ordinances with respect to “high-cost” mortgage loans, “covered” mortgage loans, “higher-priced” mortgage loans, “home” mortgage loans or any other similarly designated mortgage loan as defined under such authorities, or subject to any other laws that were enacted to combat predatory lending, as may have been amended from time to time;

(IX) Federal and state specific late charge and prepayment penalty provisions.

(X) Recording Review

AMC noted the presence of recorded documents, when available. However, the majority of mortgage loans in the review population were new production and have only been closed for days or weeks at the time AMC reviewed the mortgage loans and thus have not yet been recorded. AMC verified that documents in the mortgage loan file (most typically closing instructions) included lender instructions for recording, and as applicable, the date the documents were sent for recording, and/or the date that the documents will be recorded.

As part of the portion of the Review described in this section, AMC will analyze and capture data from the source documents identified in the Document Review below, as applicable.

(XI) FIRREA Review

AMC confirmed that the appraiser and the appraisal made by such appraiser both satisfied the requirements of Title XI of FIRREA. Specifically, AMC reviewed the appraisal for conformity to industry standards, including ensuring the appraisal was complete, that the comparable properties and adjustments were reasonable and that pictures were provided and were accurate.

In addition, AMC accessed the ASC database to verify that the appraiser, and if applicable the appraiser’s supervisor, were licensed and in good standing at the time the appraisal was completed.

(XII) Document Review

AMC reviewed each mortgage loan file and verified if the following documents, if applicable, were included in the file and if the data on these documents was consistent (where applicable):

◾

Initial application (1003);

◾

Underwriting summary / loan approval (1008);

◾

Credit report;

◾

Income and employment documentation;

◾

4506T;

◾

Asset documentation;

◾

Sales contract;

◾

Hazard and/or flood insurance policies;

◾

Copy of note for any junior liens;

◾

Appraisal;

◾

Title/Preliminary Title;

◾

Final 1003;

◾

Changed circumstance documentation;

◾

Right of Rescission Disclosure;

◾

Mortgage/Deed of Trust;

◾

Note;

◾

Mortgage Insurance;

◾

Tangible Net Benefit Disclosure;

◾

Subordination Agreement;

◾

FACTA disclosures;

9 | Page

◾

Notice of Special Flood Hazards;

◾

Initial and final GFE’s;

◾

HUD from sale of previous residence;

◾

Final HUD-1;

◾

Initial TIL;

◾

Final TIL;

◾

Loan Estimates;

◾

Closing Disclosures; and

◾

Certain other disclosures related to the enumerated tests set forth herein.

(8) Other: review and methodology.

The final review results reflected in the Overall Review Results Summary herein may include additional exceptions identified after AMC’s initial review was completed where loan level issues were identified by external parties as a result of separate, distinct quality control evaluation of the loan files. In such cases, any additional exceptions cited by any such quality control evaluation would either be reflected (i) as an open exception or (ii) remediated if required documentation and/or curative actions were provided to AMC. The exception totals reflected herein, and corresponding Exception Rating, include exceptions that were so subsequently identified, if any. Please note that only a limited number of loans, if any, reflected in the Review Results Summary were subject to such external quality control evaluations.

(9) Disclaimer.

Except as expressly enumerated above, please be advised that SitusAMC has not performed any review to determine whether the mortgage loans covered in this Report complied with federal, state or local laws, constitutional provisions, regulations, ordinances or any other laws or guidance, including, without limitation, licensing and general usury laws (“Applicable Law”). Further, there can be no assurances that in performing the review and preparing this Report that SitusAMC has uncovered all relevant factors and potential issues relating to the origination of the mortgage loans, their compliance with Applicable Law, or the original appraisals relating to the mortgaged properties, or that SitusAMC has uncovered all relevant factors that could affect the future performance of the mortgage loans. Please note that the results set forth in this Report are dependent upon receipt of complete and accurate data regarding the mortgage loans from mortgage loan originators, sponsors, issuers, underwriters, and other third parties upon which SitusAMC is relying in reaching such results. Except as expressly stated herein, SitusAMC did not verify the data relied upon in performing its review and producing this Report. In addition, the findings and conclusions set forth in this Report are provided on an “as is” basis and are based on available information and Applicable Law as of the date of this Report, and SitusAMC does not undertake any obligation to update or provide any revisions to this Report to reflect events, circumstances, changes in Applicable Law, or changes in expectations after the date this Report was issued. SitusAMC also hereby disclaims any representation or warranty as to accuracy or completeness of the Report, the inclusion or omission of any facts or information, or as to its suitability, sufficiency or appropriateness for the purposes of the transaction parties or investors or the use of the Report in preparation of any other document in connection with the subject transaction.).

Please be further advised that SitusAMC does not employ personnel who are licensed to practice law in the various jurisdictions covered in this Report, and the results set forth in this Report do not constitute legal advice or legal opinions whatsoever. The findings are recommendations or conclusions based on information provided to SitusAMC, and are not statements of fact or legal conclusions. Information contained in the Report related to the applicable statute of limitations for certain claims may not be accurate or reflect the most recent controlling case law. Further, a particular court in a particular jurisdiction may extend, not enforce or otherwise allow claims beyond the statute of limitations identified in the Report based on certain factors, including the facts and circumstances of an individual mortgage loan. The authorities administering the Applicable Law that was part of the review have broad discretionary powers which may permit such authorities, among other things, to withdraw exemptions accorded by statute or regulation, to impose additional requirements or to reach a conclusion that is not consistent with the results set forth in the Report. All decisions as to whether to issue, purchase, hold, sell or otherwise transact in securities backed by the mortgage loans reviewed in this Report, any investment strategy and any legal conclusions, including the potential liability related to the purchase or other transaction involving any such securities, shall be made solely by the parties to or investors in the transaction. The results set forth in this Report do not constitute tax or investment advice. The scoring models in this Report are designed to identify potential risk in the securities backed by the mortgage loans reviewed, and each party or investor assumes sole responsibility for determining the suitability of the information for its particular use. SitusAMC does not make any representation or warranty (express or implied) as to the value of any mortgage loan or mortgage loan’s collateral that has been reviewed by SitusAMC.

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SUMMARY OF FINDINGS AND CONCLUSIONS

The NRSRO criteria referenced for this report and utilized for grading descriptions is based upon the NRSROs listed on the Form ABS Due Diligence-15E.

OVERALL RESULTS SUMMARY

After giving consideration to the grading criteria of the relevant NRSROs, 98.98% of the loans received a grade “B” or higher. Of the loans reviewed, 2 loans (1.02%) received a “C” grade.

NRSRO Loan Grades (# Loans)
Final Loan Grade	Credit		Compliance	Property	Overall
A	151		140	197	108
B	46		55	0	87
C	0		2	0	2
D	0		0	0	0
Total	197		197	197	197

NRSRO Loan Grades (% Loans)
Final Loan Grade		Credit	Compliance	Property	Overall
A		76.65%	71.07%	100.00%	54.82%
B		23.35%	27.92%	0.00%	44.16%
C		0.00%	1.02%	0.00%	1.02%
D		0.00%	0.00%	0.00%	0.00%
Total		100.00%	100.00%	100.00%	100.00%

EXCEPTION CATEGORY SUMMARY

The table below summarizes the individual exceptions which carried an associated “B”, “C”, or “D” level exception grade. One loan may have carried more than one exception. In such cases, the exception with the lowest grade would drive the loan grade for that particular area of the review. The overall loan grade is the lowest grade for any one particular review scope (ex. a loan with a Compliance Grade of “B”, a Credit Grade of “A”, and a Property Grade of “A” would receive an overall Loan Grade of “B”).

Exception Type	Final Exception Grade	Exception Category	Total
Compliance	C	TRID Defect	2
		Total Compliance Grade (C) Exceptions:	2
	B	TRID Defect	47
		ATR/QM Defect	7
		TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form	4
		Missing Required Data (other than HUD-1 or Note)	2
		Misc. State Level	1
		Total Compliance Grade (B) Exceptions:	61

Total Compliance Exceptions:			63
Credit	B	Title	39
		Guideline	7
		Loan Package Documentation	1
		Total Credit Grade (B) Exceptions:	47
Total Credit Exceptions:			47
Total Property Exceptions:			0
Grand Total:			110

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TAPE INTEGRITY REVIEW RESULTS SUMMARY

Of the 197 mortgage loans reviewed, 189 unique mortgage loans (95.94%), had 189 different tape discrepancies across 1 data field (no mortgage loans had more than one data delta). A blank or zero value on the data tape when an actual value was captured by AMC was treated as a data variance. The largest variance was found on Investor: Qualifying Total Debt Ratio. Investor: Qualifying Total Debt Ratio variances are the difference on the percentage of income dedicated toward making debt payments. These variances occur frequently due to differences in calculating complex incomes.

Field Label	Loans With Discrepancy	Total Times Compared	% Variance	# Of Loans
Amortization Term	0	197	0.00%	197
Amortization Type	0	197	0.00%	197
Borrower Qualifying FICO	0	197	0.00%	197
Coborrower Qualifying FICO	0	111	0.00%	197
Investor: Qualifying Total Debt Ratio	189	197	95.94%	197
Occupancy	0	197	0.00%	197
Original CLTV	0	197	0.00%	197
Original LTV	0	197	0.00%	197
Property Type	0	197	0.00%	197
Purpose	0	197	0.00%	197
Refi Purpose	0	60	0.00%	197
Zip	0	197	0.00%	197
Total	189	2,141	8.83%	197

ADDITIONAL MORTGAGE LOAN POPULATION SUMMARY

(some totals may not add due to rounding)

Amortization Type	Loan Count	% of Loans	Original Balance	% of Balance
Fixed	197	100.00%	$253,107,678.60	100.00%
Total	197	100.00%	$253,107,678.60	100.00%

Lien Position	Loan Count	% of Loans	Original Balance	% of Balance
1	197	100.00%	$253,107,678.60	100.00%
Total	197	100.00%	$253,107,678.60	100.00%

Loan Purpose	Loan Count	% of Loans	Original Balance	% of Balance
Cash Out: Other/Multi-purpose/Unknown Purpose	40	20.30%	$48,679,007.00	19.23%
First Time Home Purchase	18	9.14%	$24,723,780.00	9.77%
Other-than-first-time Home Purchase	119	60.41%	$156,919,341.60	62.00%
Rate/Term Refinance - Borrower Initiated	20	10.15%	$22,785,550.00	9.00%
Total	197	100.00%	$253,107,678.60	100.00%

Original Term	Loan Count	% of Loans	Original Balance	% of Balance
121-180 Months	1	0.51%	$1,190,521.60	0.47%
241-360 Months	196	99.49%	$251,917,157.00	99.53%
Total	197	100.00%	$253,107,678.60	100.00%

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Property Type	Loan Count	% of Loans	Original Balance	% of Balance
Single Family Detached	116	58.88%	$145,461,372.00	57.47%
Condo, Low Rise	11	5.58%	$14,627,900.00	5.78%
PUD	70	35.53%	$93,018,406.60	36.75%
Total	197	100.00%	$253,107,678.60	100.00%

Occupancy	Loan Count	% of Loans	Original Balance	% of Balance
Primary	178	90.36%	$227,676,669.60	89.95%
Second Home	19	9.64%	$25,431,009.00	10.05%
Total	197	100.00%	$253,107,678.60	100.00%

Origination Channel	Loan Count	% of Loans	Original Balance	% of Balance
Broker	88	44.67%	$116,196,940.60	45.91%
Retail	84	42.64%	$102,319,202.00	40.43%
Correspondent Flow with Delegated UW	2	1.02%	$2,300,000.00	0.91%
Correspondent Flow without Delegated UW	23	11.68%	$32,291,536.00	12.76%
Total	197	100.00%	$253,107,678.60	100.00%

Review Type	Loan Count	% of Loans	Original Balance	% of Balance
Credit/Compliance - TRID	197	100.00%	$253,107,678.60	100.00%
Total	197	100.00%	$253,107,678.60	100.00%

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EX-99.9 10 exhibit99-9.htm AMC LOAN SECURITIZATION REPORT SET

Rating Agency Grades
Run Date - 10/8/2025 9:45:49 AM

LOAN INFORMATION

INITIAL CREDIT LOAN GRADES

INITIAL COMPLIANCE LOAN GRADES

INITIAL PROPERTY LOAN GRADES

INITIAL OVERALL LOAN GRADES

FINAL CREDIT LOAN GRADES

FINAL COMPLIANCE LOAN GRADES

FINAL PROPERTY LOAN GRADES

FINAL OVERALL LOAN GRADES

AMC Loan ID

Customer Loan ID

Seller Loan ID

Investor Loan Number

Deal Number

Original Loan Amount

DBRS

Fitch

Kroll

Moody's

S&P

Morningstar

DBRS

Fitch

Kroll

Moody's

S&P

Morningstar

DBRS

Fitch

Kroll

Moody's

S&P

Morningstar

DBRS

Fitch

Kroll

Moody's

S&P

Morningstar

DBRS

Fitch

Kroll

Moody's

S&P

Morningstar

DBRS

Fitch

Kroll

Moody's

S&P

Morningstar

DBRS

Fitch

Kroll

Moody's

S&P

Morningstar

DBRS

Fitch

Kroll

Moody's

S&P

Morningstar

XXXX

3560445371

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3563698516

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409017569

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3565746150

XXXX

3565822823

XXXX

3565885505

XXXX

3565908649

XXXX

3566266221

XXXX

3559268299

XXXX

3564904896

XXXX

3565024037

XXXX

3565407085

XXXX

3565669926

XXXX

3565906028

XXXX

3564342948

XXXX

3564812014

XXXX

3565053575

XXXX

3565117626

XXXX

3565667966

XXXX

3565745791

XXXX

3566138590

XXXX

3566427769

XXXX

3566628372

XXXX

3562463398

XXXX

3565433765

XXXX

3565676635

XXXX

3566062445

XXXX

Exception Grades
Run Date - 10/8/2025 9:45:49 AM

SitusAMC Loan ID

Customer Loan ID

Seller Loan ID

Investor Loan Number

Loan Exception ID

Exception ID

Exception Date

Exception Type

Exception Category

Exception Subcategory

15E Category

Exception

Exception Detail

Exception Information

Compensating Factors

Compensating Factor Information

Applying Party

Follow-up Comments

Cleared Date

Cured Date

Waived Date

Exception Level Grade

DBRS Initial Exception Rating

DBRS Final Exception Rating

Fitch Initial Exception Rating

Fitch Final Exception Rating

Kroll Initial Exception Rating

Kroll Final Exception Rating

Moody's Initial Exception Rating

Moody's Final Exception Rating

S&P Initial Exception Rating

S&P Final Exception Rating

Note Date

Property State

Occupancy

Purpose

Exception Remediation

Overall
Initial Loan Grade

Overall
Final Loan Grade

Credit
Initial Loan Grade

Credit
Final Loan Grade

Compliance
Initial Loan Grade

Compliance
Final Loan Grade

Property
Initial Loan Grade

Property
Final Loan Grade

Originator QM ATR Status

TPR QM ATR Status

Is Curable

XXXX

3563698516

XXXX

33926683

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Amount Financed Test

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

Final Closing Disclosure disclosed an amount financed of $[redacted]; calculated amount financed is $[redacted]. Variance is $[redacted].

Reviewer Comment (2025-07-11): [redacted] received Letter of Explanation, Proof of Delivery, Refund check & Corrected CD

Buyer Comment (2025-07-10): Please see attached, PCCD, LOE, Cure check and shipping information.

07/11/2025

XXXX

Primary

Purchase

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

Safe Harbor QM (APOR)

Yes

XXXX

3563698516

XXXX

33926684

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Finance Charge

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

Final Closing Disclosure disclosed a finance charge of $[redacted]; calculated finance charge is $[redacted]. Variance is $[redacted].

07/11/2025

XXXX

Primary

Purchase

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

Safe Harbor QM (APOR)

Yes

XXXX

409017609

XXXX

34170297

Compliance

Federal Compliance

TRID Defect

TRID Revised Loan Estimate Timing Before Closing

TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on [redacted]not received by borrower at least [redacted] business days prior to closing.

Verification of earlier borrower receipt of the revised Loan Estimate is missing from the file.

Reviewer Comment (2025-06-17): [redacted] received proof of receipt.

Buyer Comment (2025-06-16): Please see the attachment.

06/17/2025

XXXX

Primary

Refinance - Rate/Term

No Defined Cure

Safe Harbor QM (APOR)

XXXX

409017609

XXXX

34170298

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Other Includes Insurance Costs

TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [redacted] disclosed whether Homeowners insurance is included in escrow in incorrect section. Creditor disclosed insurance to consumer in "Other" section where regulation requires disclosure under "Homeowner's Insurance" section of Projected Payments table. Disclosure requirement met, non-material exception for incorrect format/placement.

Buyer Comment (2025-06-16): seller accepts; no change to grading.

06/16/2025

XXXX

Primary

Refinance - Rate/Term

Good Faith Redisclosure

Safe Harbor QM (APOR)

Yes

XXXX

409017615

XXXX

34170299

Credit

Legal / Regulatory / Compliance

Title / Lien Defect

Legal / Regulatory / Compliance

Final Title Policy is missing. No evidence of title in file.

Reviewer Comment (2025-06-16): Received Title commitment. Exception cleared.

Buyer Comment (2025-06-16): Please see title commitment attached. The final title policy is a trailing doc which will be provided once available

06/16/2025

XXXX

Primary

Refinance - Rate/Term

Safe Harbor QM (APOR)

XXXX

409017615

XXXX

34170301

Compliance

Federal Compliance

TRID

TRID [redacted] Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: [redacted] Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $[redacted] exceeds tolerance of $[redacted]. Sufficient or excess cure was provided to the borrower at Closing.

Reviewer Comment (2025-06-09): Sufficient Cure Provided At Closing

06/09/2025

XXXX

Primary

Refinance - Rate/Term

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

XXXX

409017615

XXXX

34170302

Compliance

Federal Compliance

Missing Required Data (other than HUD-1 or Note)

(Missing Data) Unable to determine if loan is a same lender refi (Circuit 2, 5, 7, 8, 9, 10 or DC)

Original Lender was not able to be determined. Unable to determine if correct TILA rescission form was used. (H-8 Form was used and property is in the [redacted]nd, [redacted]th, [redacted]th, [redacted]th, [redacted]th, [redacted]th, or [redacted])

Testing is inconclusive. The file is missing the title report or other acceptable documentation confirming the last originating lender. Please provide for review.

Buyer Comment (2025-06-16): Seller acknowledges exception, no change in grading

06/16/2025

XXXX

Primary

Refinance - Rate/Term

Safe Harbor QM (APOR)

XXXX

409017576

XXXX

34170322

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Other Includes Insurance Costs

Buyer Comment (2025-06-16): Seller acknowledges exception, no change in grading

06/16/2025

XXXX

Second Home

Purchase

Good Faith Redisclosure

Safe Harbor QM (APOR)

Yes

XXXX

409017654

XXXX

34170326

Credit

Legal / Regulatory / Compliance

Title / Lien Defect

Title

Title Policy is Preliminary or Commitment, and not a Final Title Policy.

Reviewer Comment (2025-07-10): Final title provided. Exception cleared

07/10/2025

XXXX

Second Home

Purchase

Safe Harbor QM (APOR)

XXXX

409017654

XXXX

34170327

Credit

Title

Document Error

Title

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

Reviewer Comment (2025-06-16): Final Title policy received. Exception cleared.

Buyer Comment (2025-06-16): Please see the attached final title policy noting the coverage amount.

06/16/2025

XXXX

Second Home

Purchase

Safe Harbor QM (APOR)

XXXX

409017654

XXXX

34170328

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Other Includes Insurance Costs

Buyer Comment (2025-06-16): Seller acknowledges. No change to grading.

06/16/2025

XXXX

Second Home

Purchase

Good Faith Redisclosure

Safe Harbor QM (APOR)

Yes

XXXX

409017610

XXXX

34170332

Credit

Title

General

Title

Title Policy Coverage is less than Original Loan Amount.

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

Buyer Comment (2025-06-18): Seller acknowledges. No change to grading.

06/18/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

409017623

XXXX

34170334

Compliance

Federal Compliance

TRID Defect

TRID [redacted] Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: [redacted] Percent Fee Tolerance exceeded. Total amount of $[redacted] exceeds tolerance of $[redacted] plus [redacted]% or $[redacted]. Insufficient or no cure was provided to the borrower.

[redacted]% fee violation due to the addition of the [redacted] Residential Fee on the CD issued [redacted]. No valid COC was provided for this change, nor evidence of cure. Provide a post close CD disclosing the tolerance violation of $[redacted], a copy of the refund check, proof of delivery, and a copy of the LOE to the borrower disclosing the changes made

Reviewer Comment (2025-06-25): [redacted] received PCCD, LOE, proof of mailing & copy of refund check.

Buyer Comment (2025-06-24): Please see attached curing the issue.

06/25/2025

XXXX

Primary

Refinance - Rate/Term

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

Safe Harbor QM (APOR)

Yes

XXXX

409017625

XXXX

34170336

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Partial Payments

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

The partial payments section on page [redacted] of the final Closing Disclosure was not completed. Please provide completed section for review.

Reviewer Comment (2025-06-26): [redacted] received Letter of Explanation & Corrected Closing Disclosure.

Buyer Comment (2025-06-25): Please see the attached redisclosure package sent to the client.

Reviewer Comment (2025-06-19): Under [redacted], For each transaction subject to § [redacted], the creditor shall disclose the information in this section. Under [redacted]-[redacted] items are required to be completed. If there is a conflicting citation that may be applicable [redacted] would be happy to review the citation once provided, or please provide PCCD, LOE and proof of mailing to cure.

Buyer Comment (2025-06-18): Please escalate this to your compliance team, these sections do not require completion.

06/26/2025

XXXX

Primary

Purchase

Letter of Explanation & Corrected Closing Disclosure

Safe Harbor QM (APOR)

Yes

XXXX

409017625

XXXX

34170337

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Negative Amortization

TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [redacted] incorrectly disclosed whether the loan contains Negative Amortization.

The Negative Amortization section on page [redacted] of the final Closing Disclosure was not completed. Please provide completed section for review.

06/26/2025

XXXX

Primary

Purchase

Letter of Explanation & Corrected Closing Disclosure

Safe Harbor QM (APOR)

Yes

XXXX

409017570

XXXX

34170347

Credit

Title

Document Error

Title

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

Buyer Comment (2025-06-18): Seller acknowledges the exception, no change to grading.

06/18/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

409017570

XXXX

34170348

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. Secondary valuation is missing. Sec ID: [redacted]

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

Reviewer Comment (2025-07-30): CDA provided supports value. Exception cleared.

Buyer Comment (2025-07-30): Please see attached CDA

07/30/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

409017570

XXXX

34170349

Compliance

Federal Compliance

TRID Defect

TRID [redacted] Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: [redacted] Percent Fee Tolerance exceeded for Appraisal Review Fee. Fee Amount of $[redacted] exceeds tolerance of $[redacted]. Insufficient or no cure was provided to the borrower.

Appraisal Review Fee was last disclosed as $[redacted] on the Loan Estimate, but was disclosed as $[redacted] on the Final Closing Disclosure. No valid COC was provided for this change, nor evidence of cure. Provide a post close CD disclosing the tolerance violation of $[redacted], a copy of the refund check, proof of delivery, and a copy of the LOE to the borrower disclosing the changes made.

Reviewer Comment (2025-07-10): [redacted] received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.

Buyer Comment (2025-07-10): Please see attached redisclosure package curing the issue.

Reviewer Comment (2025-06-30): [redacted] received rebuttal comment. However, on initial CD lender paid in the amount of $[redacted] disclosed in the name of "Final Insp/Add'l appraisal fee", but on Final CD added for the "appraisal review fee "of $[redacted]. When a lender issues a revised LE/CD reflecting an increase/add in fee(s) subject to tolerance, sufficient COC documentation is required to re-baseline fee amounts. The regulation provides that "the creditor must be able to show compliance with § [redacted] by documenting the original estimate of the cost at issue, explaining the reason for revision and how it affected settlement costs, showing that the corrected disclosure increased the estimate only to the extent that the reason for revision actually increased the cost, and showing that the timing requirements of § [redacted] were satisfied. Please provide documentation of the reason for the additional of the valuation is required to add the fee What information was received that required the fee and when was that information received or Cure would be due to borrower.

Buyer Comment (2025-06-27): It was updated to borrower paid once the information was received. This is why the email was provided from [redacted] which is the date it flipped to borrower paid. Prior to this it was not borrower paid. Regarding the lender credit, we cannot credit something that has already been paid by the client outside of closing which is why the credit was re-allocated.

Reviewer Comment (2025-06-27): [redacted] received rebuttal, however as it was unknown that fee is borrower paid outside of closing then it should have been updated as borrower paid once the information was received for the requirement of new service. Also, no lender credit applied on final CD for the fee. Please provide LOE as requested why the fee was updated as paid by other.

Buyer Comment (2025-06-26): The correspondence was received on [redacted] which is when it was flipped to borrower paid outside of closing. Prior to this there was no way of knowing the fee was paid in this manner so we did the correct thing by applying a credit to the fee on [redacted]. On [redacted] the information was received and the fee was moved and the borrower still received the same lender credits. Credits actually increased on the final CD. There is not a scenario in which we would have started with it being paid by the borrowr outside of closing without the knowledge of that being the case.

Reviewer Comment (2025-06-25): [redacted] received email conversation log and invoice from [redacted]. A per provided documents the fee added on CD dated [redacted] should be added as paid by borrower as the lender has no evidence that fee was paid by other party. However, the reason provided for adding the fee for required service is valid. Please provide an attestation from lender explaining reason why fee was incorrectly disclosed as paid by others to re-baseline the fee or provide cure.

Buyer Comment (2025-06-24): Please see attached confirming when it was discovered the fee was to be paid outside of closing which is why the credit had to be removed from this fee. Prior to this it was unknown the credit could not be applied. Also note, the final credits on the final CD exceed what was previously disclosed so no impact to the consumer and the amount of credits provided. They just could not be applied to this fee.

Reviewer Comment (2025-06-24): [redacted] received rebuttal, however as fee is paid by borrower at closing or outside of closing are subject to tolerance. Since the fee initially disclosed as paid by others which is not buyers' liability and later it was disclosed as buyer paid without any valid COC. A valid Changed Circumstance or cure is required. Cure documents consist of PCCD, LOE, proof of mailing & copy of refund check.

Buyer Comment (2025-06-23): The fee was paid by the client outside of closing so no credit could be applied to the line item as it was already paid. Please review to clear this condition.

Reviewer Comment (2025-06-19): [redacted] received rebuttal, however on CD dated [redacted] fee was paid by other and on final CD fee has moved to borrower paid. Please provide valid COC for CD dated [redacted] on why fee was moved to borrower paid or cure is required. Cure documents consist of PCCD, LOE, proof of mailing & copy of refund check.

Buyer Comment (2025-06-18): Pleas see Pg [redacted] which is the UCDP submission confirming a CU score of [redacted] which is dated [redacted]. This CU score is the valid CIC for needing a secondary valuation product which is why a CDA was ordered and the fee was disclosed. Please review to clear this condition.

07/10/2025

XXXX

Primary

Purchase

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

Safe Harbor QM (APOR)

Yes

XXXX

409017570

XXXX

34170351

Credit

Credit Documentation

Guideline

Missing Document: Asset not provided

The file is missing the fully executed Final Closing Statement for the sale of [redacted] to verify that all liens are paid and closed. Please provide for review.

Reviewer Comment (2025-06-20): Purchase contract for the sale of the departure has been received, and does not reflect any financing contingencies. Exception cleared.

Buyer Comment (2025-06-18): Please see attached purchase agreement for the sale of this property. Per the agreement it is to be executed [redacted]. Please review to clear this condition.

06/20/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

409017570

XXXX

34170353

Credit

Income / Employment

Income Documentation

Income / Employment

Verification(s) of employment is not within [redacted] business days of the Note.

The file is missing the verbal verification of employment obtained within [redacted] business days of closing.

Reviewer Comment (2025-06-19): In file WVOE present within [redacted] business days of closing. Exception Cleared.

Buyer Comment (2025-06-18): Please see Pg [redacted] of the loan file. The date at the bottom right where it was completed by the employer is [redacted]. Please review to cancel this exception.

06/19/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

409017586

XXXX

34170355

Credit

Title

General

Title

Title Policy Coverage is less than Original Loan Amount.

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

Buyer Comment (2025-06-18): Seller acknowledges the exception, no change to grading.

06/18/2025

XXXX

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

XXXX

409017586

XXXX

34170357

Compliance

State Compliance

Misc. State Level

XXXX Counseling Agencies Disclosure Not in File

[redacted] - No evidence of required counseling disclosure language per [redacted].

Buyer Comment (2025-06-18): Seller acknowledges the exception, no change to grading.

06/18/2025

XXXX

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

XXXX

409017586

XXXX

34170358

Compliance

Federal Compliance

TRID Defect

TRID Revised Loan Estimate Timing Before Closing

TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on [redacted] not received by borrower at least [redacted] business days prior to closing.

Verification of earlier borrower receipt of the revised Loan Estimate is missing from the file.

Buyer Comment (2025-06-24): Seller acknowledges the exception, no change to grading.

Reviewer Comment (2025-06-23): Final LE issued [redacted] was received within time requirements. LE issued [redacted] did not receive proof of receipt within timing requirements, but exception has been re-graded to EV2-B as final LE was received timely.

Buyer Comment (2025-06-20): Reviewer confirms the LE was received timely. Please clear the exception.

Reviewer Comment (2025-06-19): Final LE was received timely.

Buyer Comment (2025-06-18): Under [redacted] states: The creditor shall not provide a revised version of the disclosures required under paragraph [redacted] of this section on or after the date on which the creditor provides the disclosures required under paragraph [redacted] of this section. The consumer must receive any revised version of the disclosures required under paragraph [redacted] of this section not later than [redacted] business days prior to consummation. Under SFA TRID [redacted] Interim LE can be regraded to EV2 if Final LE delivered within timing requirements.

06/24/2025

XXXX

Primary

Refinance - Cash-out - Other

No Defined Cure

Safe Harbor QM (APOR)

XXXX

409017586

XXXX

34170359

Compliance

Federal Compliance

TRID Defect

TRID Revised Loan Estimate Timing Before Closing

TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on [redacted] not received by borrower at least [redacted] business days prior to closing.

Verification of earlier borrower receipt of the revised Loan Estimate is missing from the file.

Buyer Comment (2025-06-24): Seller acknowledges the exception, no change to grading.

Reviewer Comment (2025-06-23): Final LE issued [redacted] was received within time requirements. LE issued [redacted] did not receive proof of receipt within timing requirements, but exception has been re-graded to EV2-B as final LE was received timely.

Reviewer Comment (2025-06-19): Final LE was received timely.

Buyer Comment (2025-06-18): Under [redacted] states: The creditor shall not provide a revised version of the disclosures required under paragraph [redacted] of this section on or after the date on which the creditor provides the disclosures required under paragraph [redacted] of this section. The consumer must receive any revised version of the disclosures required under paragraph [redacted] of this section not later than [redacted] business days prior to consummation. Under SFA TRID GRID [redacted] Interim LE can be regraded to EV2 if Final LE delivered within timing requirements.

06/24/2025

XXXX

Primary

Refinance - Cash-out - Other

No Defined Cure

Safe Harbor QM (APOR)

XXXX

409017586

XXXX

34170360

Compliance

Federal Compliance

TRID Defect

TRID Revised Loan Estimate Timing Before Closing

TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on [redacted] not received by borrower at least [redacted] business days prior to closing.

Verification of earlier borrower receipt of the revised Loan Estimate is missing from the file.

Reviewer Comment (2025-06-19): [redacted] received proof of receipt.

Buyer Comment (2025-06-18): Please see attached confirming the final LE of [redacted] was viewed.

06/19/2025

XXXX

Primary

Refinance - Cash-out - Other

No Defined Cure

Safe Harbor QM (APOR)

XXXX

409017621

XXXX

34170365

Credit

Miscellaneous

Guideline

Credit Exception:

The file is missing the property tax documentation for this property. Please provide for review.

Reviewer Comment (2025-06-23): Property tax document was provided for [redacted] property. Exception cleared.

Buyer Comment (2025-06-20): Please see the attached confirmation of non-subject taxes.

Reviewer Comment (2025-06-19): Evidence of the taxes for [redacted] was missing from the file.

Buyer Comment (2025-06-18): Please provide the property address.

06/23/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

409017621

XXXX

34170366

Credit

Asset

Asset Documentation

Asset

Guideline Issue:Insufficient asset documentation.

[redacted] month asset verification was provided covering [redacted] - [redacted]. Please provide an additional consecutive bank statement to verify the funds used to qualify.

Reviewer Comment (2025-06-19): Received additional month consecutive bank statement. Exception Cleared.

Buyer Comment (2025-06-18): Please see the attached.

06/19/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

409017621

XXXX

34170367

Credit

Asset

Asset Documentation

Asset

Guideline Issue:Insufficient asset documentation.

[redacted] month asset verification was provided covering [redacted] - [redacted]. Please provide an additional consecutive bank statement to verify the funds used to qualify.

Reviewer Comment (2025-06-19): Received additional month consecutive bank statement. Exception Cleared.

Buyer Comment (2025-06-18): Please see the attached.

06/19/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

409017643

XXXX

34170375

Credit

Title

General

Title

Title Policy Coverage is less than Original Loan Amount.

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

Buyer Comment (2025-06-18): Seller acknowledges exception, no change to grading.

06/18/2025

XXXX

Primary

Refinance - Rate/Term

Safe Harbor QM (APOR)

XXXX

409017643

XXXX

34170377

Compliance

Federal Compliance

TRID Defect

TRID [redacted] Percent Tolerance Violation Without Sufficient Cure Provided

[redacted]% fee violation due to an increase in the Recording fee(s). No valid COC was provided for this change, nor evidence of cure. Provide a post close CD disclosing the tolerance violation of [redacted], a copy of the refund check, proof of delivery, and a copy of the LOE to the borrower disclosing the changes made.

Reviewer Comment (2025-06-25): [redacted] received PCCD, LOE, proof of mailing & copy of refund check.

Buyer Comment (2025-06-24): Please see attached cure package mailed to borrower.

06/25/2025

XXXX

Primary

Refinance - Rate/Term

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

Safe Harbor QM (APOR)

Yes

XXXX

409017608

XXXX

34170395

Credit

Miscellaneous

Guideline

Credit Exception:

The [redacted] party verification of employment for sole proprietor income was not time stamped. Please provide evidence of when the lender obtained the verification for review

Reviewer Comment (2025-06-23): Timestamped document was provided confirming receipt of document. Exception cleared.

Buyer Comment (2025-06-20): Please see the attached confirmation self-employment verification was completed within the required timeframe prior to closing.

06/23/2025

XXXX

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

XXXX

409017608

XXXX

34170398

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Other Includes Insurance Costs

Buyer Comment (2025-06-20): Seller acknowledges exception, no change to grading.

06/20/2025

XXXX

Primary

Refinance - Cash-out - Other

Good Faith Redisclosure

Safe Harbor QM (APOR)

Yes

XXXX

409017631

XXXX

34170400

Credit

Title

Document Error

Title

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

Buyer Comment (2025-06-19): Seller acknowledges the exception, no change in grading.

06/19/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

409017619

XXXX

34170411

Compliance

Federal Compliance

TRID Defect

TRID [redacted] Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: [redacted] Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $[redacted] exceeds tolerance of $[redacted]. Insufficient or no cure was provided to the borrower.

Appraisal Fee was last disclosed as $[redacted] on the Loan Estimate, but was disclosed as $[redacted] on the Final Closing Disclosure. No valid COC was provided for this change, nor evidence of cure. Provide a post close CD disclosing the tolerance violation of $[redacted], a copy of the refund check, proof of delivery, and a copy of the LOE to the borrower disclosing the changes made.

07/23/2025

XXXX

Primary

Refinance - Cash-out - Other

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

Safe Harbor QM (APOR)

Yes

XXXX

409017619

XXXX

34170412

Compliance

Federal Compliance

TRID Defect

TRID [redacted] Percent Tolerance Violation Without Sufficient Cure Provided

Reviewer Comment (2025-07-23): [redacted] received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.

Buyer Comment (2025-07-23): Please see attached confirmation package will be delivered today [redacted].

Reviewer Comment (2025-07-16): [redacted] received Post CD,LOX,Copy of refund check and proof of mailing. [redacted] tracking indicates label has been created, but package has not been shipped. Proof of mailing required to cure.

Buyer Comment (2025-07-16): Please see the attached package mailed to the borrower curing the issue.

Reviewer Comment (2025-07-01): [redacted] received rebuttal, however fee was paid by other on CD dated [redacted] and on final CD fee moved to borrower paid. Please provide valid COC with sufficient information on why the fee was moved to borrower paid. A valid Changed Circumstance or cure is required. Cure documents consist of PCCD, LOE, proof of mailing & copy of refund check.

Buyer Comment (2025-06-30): Please refer to the UCDP submission summary form that is part of the loan images, showing the full appraisal was run through UCDP on [redacted] with a CU score of [redacted] that requires a CDA to be ordered, the $[redacted] fee was added on [redacted] which is within [redacted] business days of [redacted] knowledge that the fee would be required.

07/23/2025

XXXX

Primary

Refinance - Cash-out - Other

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

Safe Harbor QM (APOR)

Yes

XXXX

409017619

XXXX

34170414

Credit

Income / Employment

Income Documentation

Missing Document

REO Documents are missing.

The file is missing the HOA verification for this property. Please provide for review.

Reviewer Comment (2025-06-25): [redacted] document received with HOA dues. Exception cleared.

Buyer Comment (2025-06-25): Please see the attached confirmation that there are no HOA dues on the non-subject property. Please see the attached HOI policy that was accounted for along with the taxes that are part of the loan images.

06/25/2025

XXXX

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

XXXX

409017646

XXXX

34170417

Credit

Title

Document Error

Title

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

Buyer Comment (2025-06-25): Seller acknowledges the exception, no change to grading.

06/25/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

409017656

XXXX

34170420

Credit

Legal / Regulatory / Compliance

Title / Lien Defect

Title

Title Policy is Preliminary or Commitment, and not a Final Title Policy.

Reviewer Comment (2025-06-27): Final title policy provided, exception cleared.

06/27/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

409017656

XXXX

34170421

Credit

Title

Document Error

Title

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

Reviewer Comment (2025-06-25): Received final title policy with coverage amount. Exception cleared.

Buyer Comment (2025-06-25): Please see the attached final title policy.

06/25/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

409017656

XXXX

34170422

Compliance

Miscellaneous Compliance

Compliance

Other Compliance Exception (Manual Add)

The Disclosure Tracking in the file reflects the initial CD was issued and delivered on [redacted]. This CD (the initial) was missing from the file.

Reviewer Comment (2025-06-27): Initial CD dated [redacted] has been provided. Exception cleared.

Buyer Comment (2025-06-25): Please see the attached CD.

06/27/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

Yes

XXXX

409017580

XXXX

34170425

Credit

Miscellaneous

Guideline

Credit Exception:

Lender exception was made due to zoning. [redacted] zoning does not meet lender guidelines.

Reviewer Comment (2025-06-24): [redacted] zoning is designed to allow for [redacted] development in rural settings while preserving [redacted] land. Subject is in a [redacted] , zoned [redacted] - [redacted] acres. No [redacted] use present. Property meets client's guidelines.

06/24/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

409017580

XXXX

34170426

Compliance

State Compliance

State Defect

[redacted]

[redacted] Predatory Lending Database Program ([redacted]% Method) - Certificate of Compliance or Exemption not attached to mortgage for recording.

Reviewer Comment (2025-07-07): Certificate of Exemption provided, exception cleared.

Buyer Comment (2025-07-03): Please see the attached recorded mortgage.

Reviewer Comment (2025-07-01): Although the lender is exempt from the act, it is still required to obtain the Certificate of Exemption to be recorded with the Security Instrument:

Per [redacted]. Comp. Stat. [redacted]: Entities Exempt from the Act
Any entity not required to be licensed under the [redacted] Act, such as banks and other depository financial institutions, as well as certain limited private lenders (such as an individual making a loan to a family member), is exempt from the Act. Exempt entities are not required to enter information into the database but must, however, obtain a Certificate of Exemption from the closing agent to record their mortgages. Loans by these entities may go directly to closing upon approval. If an exempt entity, such as a bank, chooses to close its own loans, it must register as a closer.

Buyer Comment (2025-06-27): This is a non-delegated corr loan. The lender, [redacted], is exempt from having provide the [redacted] Anti Pred Cert as they are a bank, not a lender. Please escalate for this to be cleared as-is

07/07/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

409017580

XXXX

34170430

Compliance

Federal Compliance

TRID

TRID [redacted] Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: [redacted] Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $[redacted] exceeds tolerance of $[redacted]. Sufficient or excess cure was provided to the borrower at Closing.

Reviewer Comment (2025-06-24): Sufficient Cure Provided At Closing

06/24/2025

XXXX

Primary

Purchase

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

XXXX

409017580

XXXX

34170431

Compliance

Federal Compliance

TRID

TRID [redacted] Percent Tolerance Violation With Sufficient Cure Provided At Closing

TILA-RESPA Integrated Disclosure: [redacted] Percent Fee Tolerance exceeded for Verification Fee. Fee Amount of $[redacted] exceeds tolerance of $[redacted]. Sufficient or excess cure was provided to the borrower at Closing.

Reviewer Comment (2025-06-24): Sufficient Cure Provided At Closing

06/24/2025

XXXX

Primary

Purchase

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

XXXX

409017592

XXXX

34170432

Credit

Title

Document Error

Title

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

Reviewer Comment (2025-06-30): Provided Title commitment document, Exception Cleared.

Buyer Comment (2025-06-27): Please see the attached title commitment showing the coverage amount.

06/30/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

409017618

XXXX

34170439

Credit

Title

Document Error

Title

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

Reviewer Comment (2025-06-25): Final Title policy received with coverage amount. Exception cleared.

Buyer Comment (2025-06-25): Please see the attached final title policy.

06/25/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

409017618

XXXX

34170440

Credit

Legal / Regulatory / Compliance

Title / Lien Defect

Title

Title Policy is Preliminary or Commitment, and not a Final Title Policy.

Reviewer Comment (2025-06-25): Final Title policy received with coverage amount. Exception cleared.

06/25/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

409017634

XXXX

34170447

Credit

Income / Employment

Income Documentation

Missing Document

REO Documents are missing.

The file is missing the insurance verification for this property. Please provide for review.

Reviewer Comment (2025-06-25): HOI document received. Exception cleared.

Buyer Comment (2025-06-25): Please see attached HOI for this property.

06/25/2025

XXXX

Primary

Refinance - Rate/Term

Safe Harbor QM (APOR)

XXXX

409017634

XXXX

34170450

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Other Includes Insurance Costs

Buyer Comment (2025-06-25): Seller acknowledges the exception, no change to grading.

06/25/2025

XXXX

Primary

Refinance - Rate/Term

Good Faith Redisclosure

Safe Harbor QM (APOR)

Yes

XXXX

409017642

XXXX

34170453

Credit

Title

Document Error

Title

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

Reviewer Comment (2025-06-26): Title coverage amount mentioned in Preliminary Report. Exception Cleared.

Buyer Comment (2025-06-25): Please see attached prelim title policy with loan/coverage amount listed on page [redacted].

06/26/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

409017642

XXXX

34170454

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. Secondary valuation is missing. Sec ID: [redacted]

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

Reviewer Comment (2025-07-01): Provided CDA document. Exception Cleared..

Buyer Comment (2025-06-30): Please see attached CDA supporting the appraisal.

07/01/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

409017642

XXXX

34170457

Credit

Miscellaneous

Guideline

Credit Exception:

The subject property is zoned [redacted] which does not meet Jumbo guidelines. Please provide the credit comp factors which were considered.

The representative FICO score exceeds the guideline minimum by at least [redacted] points.

The representative FICO score is above [redacted].

Borrower has verified disposable income of at least $[redacted].

Guidelines Representative FICO: [redacted]
Representative FICO: [redacted]

The representative FICO score is above [redacted].

Residual monthly income of at least $[redacted].

SitusAMC,Originator,Aggregator

SitusAMC

Originator,Aggregator,SitusAMC

Reviewer Comment (2025-07-01): Client elects to waive with compensating factors.

Buyer Comment (2025-06-27): FICO [redacted]
LTV [redacted]%
[redacted] months PITIA reserves
No Adverse credit marks
No mortgage lates dating back to [redacted]
$[redacted] monthly residual income

Reviewer Comment (2025-06-26): Since the acreage does not meet guidelines, a credit exception has been set. Diligence needs compensating factors in order to waive and re-grade the pre-close lender exception. Please provide acceptable credit related (LTV, DTI, etc...) that were used in approving the Lender Exception.

Buyer Comment (2025-06-25): Please be advised this was a pre-close exception as noted on the 1008.

07/01/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

409017588

XXXX

34170469

Compliance

Federal Compliance

TRID Defect

TRID [redacted] Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: [redacted] Percent Fee Tolerance exceeded for Title - Survey Fee. Fee Amount of $[redacted] exceeds tolerance of $[redacted]. Insufficient or no cure was provided to the borrower.

Title - Survey Fee was last disclosed as $[redacted] on the Loan Estimate, but was disclosed as $[redacted] on the Final Closing Disclosure. No valid COC was provided for this change, nor evidence of cure. Provide a post close CD disclosing the tolerance violation of $[redacted] , a copy of the refund check, proof of delivery, and a copy of the LOE to the borrower disclosing the changes made.

Reviewer Comment (2025-06-25): [redacted] received rebuttal comment that survey is non lender required and borrower shopped.

Buyer Comment (2025-06-25): Please be advised this fee is listed in Section [redacted] and paid to a non-affiliate therefore not subject to any tolerance exceptions. Additionally, the Survey is a requirement of the purchase agreement on file and not a lender imposed fee.

06/25/2025

XXXX

Second Home

Purchase

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

Safe Harbor QM (APOR)

Yes

XXXX

409017601

XXXX

34170476

Compliance

Federal Compliance

TRID Defect

TRID [redacted] Percent Tolerance Violation Without Sufficient Cure Provided

[redacted]% fee violation due to an increase in the [redacted] Fee in Section [redacted] of the CD. No valid COC was provided for this change, nor evidence of cure. Provide a post close CD disclosing the tolerance violation of $[redacted], a copy of the refund check, proof of delivery, and a copy of the LOE to the borrower disclosing the changes made.

Reviewer Comment (2025-07-03): [redacted] received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.

Buyer Comment (2025-07-02): Please see attached curing the issue.

Reviewer Comment (2025-06-27): [redacted] received rebuttal, however the reason provided is not valid. There shall be imposed on the closing of every mortgage loan subject to regulation under Title [redacted], Chapter [redacted], ARTICLE [redacted] of the Financial Institutions Code of [redacted] which, as defined in Code Section[redacted], includes all mortgage loans, whether or not closed by a mortgage broker or mortgage lender licensee or registrant, a fee of $[redacted]. The fee shall be paid by the borrower to the collecting agent at the time of closing of the mortgage loan transaction. Cure is required. Cure documents consist of PCCD, LOE, proof of mailing & copy of refund check.

Buyer Comment (2025-06-26): We did not receive the title doc until [redacted] which is why the previous document and explanation were provided. We could not have known until the title commitment was received. Please review to clear this condition.

Reviewer Comment (2025-06-26): [redacted] received rebuttal comment and supporting Title commitment snip. However, Title commitment provided in the loan file completed on [redacted]. But the Recording fee-[redacted] res Mtg fee of $[redacted] added on [redacted] CD. This is outside of the required three-day timeline for notification of borrower. Cure is required.

Buyer Comment (2025-06-25): Please see attached confirming when we received the title commitment confirming a UCC lien needed to be released which is why this fee was added. This is the valid CIC and the fee was disclosed within the required time. Please review to clear this condition.

07/03/2025

XXXX

Primary

Refinance - Cash-out - Other

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

Safe Harbor QM (APOR)

Yes

XXXX

409017630

XXXX

34170482

Compliance

Federal Compliance

TRID Defect

TRID [redacted] Percent Tolerance Violation Without Sufficient Cure Provided

[redacted]% fee violation due to an increase in the Flood certificate fee(s). No valid COC was provided for this change, nor evidence of cure. Provide a post close CD disclosing the tolerance violation of $[redacted], a copy of the refund check, proof of delivery, and a copy of the LOE to the borrower disclosing the changes made.

Reviewer Comment (2025-07-01): [redacted] received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Buyer Comment (2025-07-01): Please see the attachment.

Reviewer Comment (2025-06-26): [redacted] received valid COC for the recording fee increased on LE dated [redacted] from $[redacted] to $[redacted]. However, Recording Fee-[redacted] Res Mtg fee of $[redacted] added on CD dated [redacted] without VCCs. Provide valid COC for the fee was added or Cure would be due to borrower. Cure consists of corrected CD, LOE to borrower, proof of mailing, and copy of refund check.

Buyer Comment (2025-06-25): [redacted]: Please see the valid change in circumstance dated [redacted] which shows a valid CIC for QCD pages. We received a copy of the Quit Claim deed, (page [redacted]) dated [redacted] showing the total amount of pages, which is when we knew how much it would cost to record the QCD. This is a valid change in circumstance to increase the cost of recording fees from [redacted]$ to [redacted]$.

07/01/2025

XXXX

Primary

Refinance - Rate/Term

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

Safe Harbor QM (APOR)

Yes

XXXX

409017651

XXXX

34170490

Compliance

Federal Compliance

TRID Defect

TRID [redacted] Percent Tolerance Violation Without Sufficient Cure Provided

[redacted]% fee violation due to an increase in the Recording fee(s). No valid COC was provided for this change, nor evidence of cure. Provide a post close CD disclosing the tolerance violation of $[redacted], a copy of the refund check, proof of delivery, and a copy of the LOE to the borrower disclosing the changes made.

Reviewer Comment (2025-07-02): [redacted] received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.

Buyer Comment (2025-07-01): Please see redisclosure package attached

07/02/2025

XXXX

Primary

Refinance - Cash-out - Other

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

Safe Harbor QM (APOR)

Yes

XXXX

409017689

XXXX

34170496

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Other Includes Insurance Costs

Buyer Comment (2025-06-25): Seller acknowledges the exception, no change to grading.

06/25/2025

XXXX

Primary

Purchase

Good Faith Redisclosure

Safe Harbor QM (APOR)

Yes

XXXX

409017689

XXXX

34170498

Credit

Missing Document

General

Missing Document

Missing Document: HUD/CD (Asset) not provided

The file was missing the Final Closing Statement for the sale of REO to verify the total net equity received of $[redacted] and all liens are paid and closed. Please provide for review.

Reviewer Comment (2025-06-25): Closing statement received for REO property. Exception cleared.

Buyer Comment (2025-06-25): Please see the attached final settlement statement.

06/25/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

409017603

XXXX

34170501

Compliance

Federal Compliance

ATR/QM Defect

Self-Employed Tax Return Recency - QM

General QM: Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date [redacted], Most Recent Tax Return End Date [redacted], Tax Return Due Date [redacted].

Buyer Comment (2025-06-26): Seller acknowledges exception, no change to grading.

06/26/2025

XXXX

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

XXXX

409017649

XXXX

34170505

Credit

Title

Document Error

Title

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

Buyer Comment (2025-06-26): Seller acknowledges. No change to grading.

06/26/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

409017650

XXXX

34170507

Credit

Title

Document Error

Title

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

Buyer Comment (2025-06-26): Seller acknowledges exception, no change in grading

06/26/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

409017652

XXXX

34170511

Compliance

Federal Compliance

ATR/QM Defect

Self-Employed Tax Return Recency - QM

Buyer Comment (2025-06-26): Seller acknowledges exception, no change to grading.

06/26/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

409017652

XXXX

34170513

Compliance

Federal Compliance

TRID

TRID [redacted] Percent Tolerance Violation With Sufficient Cure Provided At Closing

Reviewer Comment (2025-06-25): Sufficient Cure Provided At Closing

06/25/2025

XXXX

Primary

Purchase

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

XXXX

409017652

XXXX

34170514

Compliance

Federal Compliance

TRID

TRID [redacted] Percent Tolerance Violation With Sufficient Cure Provided At Closing

Reviewer Comment (2025-06-25): Sufficient Cure Provided At Closing

06/25/2025

XXXX

Primary

Purchase

Final CD evidences Cure

Safe Harbor QM (APOR)

Yes

XXXX

409017652

XXXX

34170515

Compliance

Federal Compliance

TRID Defect

TRID Initial Closing Disclosure Timing without Waiver

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

The file only contained the final closing disclosure. Please provide the initial and any subsequent CD's issued to the borrower for review.

Reviewer Comment (2025-06-30): [redacted] received [redacted] CD received [redacted] business days prior to consummation.

Buyer Comment (2025-06-27): Please see attached, [redacted] CD which was esigned by the borrower on [redacted].

06/30/2025

XXXX

Primary

Purchase

No Defined Cure

Safe Harbor QM (APOR)

XXXX

409017652

XXXX

34170516

Credit

Credit Documentation

Guideline

Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided

The VOR or equivalent payment history verifying [redacted]-months rent was missing from the file. Please provide for review.

Reviewer Comment (2025-06-27): [redacted]-month Payment History present in file. Exception Cleared.

Buyer Comment (2025-06-26): Please see the bank of [redacted] statement provided in the loan file. They confirm [redacted] months of payment history. The borrower makes [redacted] payments per month to cover the full balance of the rent. The payments are for $[redacted]. Please see the lease agreement on page [redacted] which confirms the rent amount was $[redacted].

06/27/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

409017675

XXXX

34170518

Credit

Title

Document Error

Title

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

Buyer Comment (2025-06-26): Seller acknowledges. No change to grading.

06/26/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

409017675

XXXX

34170519

Compliance

Federal Compliance

ATR/QM Defect

Self-Employed Tax Return Recency - QM

Buyer Comment (2025-06-26): Seller acknowledges. No change to grading.

06/26/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

409017626

XXXX

34170527

Compliance

Federal Compliance

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

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

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

Buyer Comment (2025-06-27): Seller acknowledges the exception, no change to grading.

06/27/2025

XXXX

Primary

Refinance - Cash-out - Other

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

Safe Harbor QM (APOR)

Yes

XXXX

409017662

XXXX

34170530

Credit

Miscellaneous

Guideline

Credit Exception:

Loan is zoned agricultural which does not meet lender's guidelines. Guideline exception was made at origination.

Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of [redacted] months PITIA or more.

The representative FICO score exceeds the guideline minimum by at least [redacted] points.

The representative FICO score is above [redacted].

Borrower has been employed in the same industry for more than [redacted] years.

Borrower has worked in the same position for more than [redacted] years.

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

Buyer Comment (2025-07-03): Seller acknowledges the exception, no change to grading.

Reviewer Comment (2025-07-03): Exception downgrade to EV2 at clients request.

Reviewer Comment (2025-07-02): Comp factors:
1) [redacted] FICO
2) $[redacted] million is reserves
3) No delinquent payments on any active mortgage, installment or revolving debt
4) $[redacted] in residual income
5) Borrowers self-employment has been active for [redacted] years and a second business for [redacted]

Buyer Comment (2025-06-30): Please use the following comp factors: [redacted] FICO
$[redacted] is reserves
No delinquent payments on any active mortgage, installment or revolving debt
$[redacted] in residual income
Borrowers self-employment has been active for [redacted] years and a second business for [redacted]

Reviewer Comment (2025-06-27): The 1008 reflects the comp factors which were considered, inclusive of no agricultural use/animals or crops, etc. Please provide diligence with a minimum of [redacted] credit comp factors in order to downgrade this exception. (E.g. Employment history, FICO, LTV, residual income, etc.) Only credit comp factors can downgrade a lender exception made to guidelines.

07/03/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

409017662

XXXX

34170533

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Other Includes Insurance Costs

Buyer Comment (2025-06-30): Seller acknowledges exception, no change in grading

06/30/2025

XXXX

Primary

Purchase

Good Faith Redisclosure

Safe Harbor QM (APOR)

Yes

XXXX

409017571

XXXX

34170546

Compliance

Federal Compliance

TRID Defect

TRID [redacted] Percent Tolerance Violation Without Sufficient Cure Provided

[redacted] Percent fees will only re-baseline if the cumulative total of fees exceed [redacted]%. On this loan, the recording fee increased by less than [redacted]% on [redacted] from $[redacted] to $[redacted]. The baseline will not increase to $[redacted] since the increase was less than [redacted]%. There was no COC found for the subsequent increases on [redacted] and [redacted]. The final increase of fee to $[redacted] requires a $[redacted] cure based on the initial baseline of $[redacted]. Please provide a PC CD disclosing the tolerance violation, a copy of the refund check, proof of delivery and a copy of the LOE to the borrower disclosing the changes made.

07/03/2025

XXXX

Second Home

Purchase

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

Safe Harbor QM (APOR)

Yes

XXXX

409017581

XXXX

34170550

Credit

Miscellaneous

Guideline

Credit Exception:

The divorce decree is missing to verify the alimony and child support amounts that were used to qualify. Please provide for review.

Reviewer Comment (2025-07-03): Divorce decree provide to satisfy exception.

Buyer Comment (2025-07-01): Please see the full DD attached

07/03/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

409017598

XXXX

34170558

Credit

Disclosure

Missing Document

Disclosure

E-sign Consent Agreement is missing.

Reviewer Comment (2025-06-30): Received E-Sign Consent Agreement. Exception cleared.

Buyer Comment (2025-06-30): Please see attached for esign consent.

06/30/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

409017602

XXXX

34170575

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Other Includes Insurance Costs

Buyer Comment (2025-07-02): Seller acknowledges. No change to grading.

07/02/2025

XXXX

Second Home

Refinance - Rate/Term

Good Faith Redisclosure

Safe Harbor QM (APOR)

Yes

XXXX

409017633

XXXX

34170577

Credit

Title

Document Error

Title

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

Buyer Comment (2025-07-02): Seller acknowledges. No change to grading.

07/02/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

409017673

XXXX

34170593

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Amount Financed Test

Final Closing Disclosure disclosed an amount financed of $[redacted]; calculated amount financed is $[redacted]. Variance of $[redacted] is due to the Attorney Fees paid by the borrower in Section [redacted].

Reviewer Comment (2025-07-03): [redacted] received attestation on purpose of attorney fee in section H and is borrower optional choice

Buyer Comment (2025-07-02): The $[redacted] Attorney fees in section [redacted] should be excluded from testing as they are not required for the transaction and were not imposed or paid to the lender. Per the attached Final settlement statement and funding instructions, the Attorney fees paid to [redacted] are separate from the title charges paid to [redacted]. Per this documentation, [redacted] was retained by the borrowers to represent them in the purchase transaction.

07/03/2025

XXXX

Primary

Purchase

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

Safe Harbor QM (APOR)

Yes

XXXX

409017673

XXXX

34170594

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Finance Charge

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

Final Closing Disclosure disclosed a finance charge of $[redacted]; calculated finance charge is $[redacted]. Variance of $[redacted] is due to the Attorney Fees paid by the borrower in Section [redacted].

Reviewer Comment (2025-07-03): [redacted] received attestation on purpose of attorney fee in section [redacted] and is borrower optional choice

Buyer Comment (2025-07-02): The $[redacted] Attorney fees in section [redacted] should be excluded from testing as they are not required for the transaction and were not imposed or paid to the lender. Per the attached Final settlement statement and funding instructions, the Attorney fees paid to [redacted] are separate from the title charges paid to [redacted]. Per this documentation, [redacted] was retained by the borrowers to represent them in the purchase transaction.

07/03/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

Yes

XXXX

409017684

XXXX

34170600

Credit

Title

Document Error

Title

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

Buyer Comment (2025-07-02): seller accepts; no change to grading.

07/02/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

409017695

XXXX

34170606

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Other Includes Insurance Costs

Buyer Comment (2025-07-02): Seller acknowledges the exception, no change to grading.

07/02/2025

XXXX

Primary

Refinance - Cash-out - Other

Good Faith Redisclosure

Safe Harbor QM (APOR)

Yes

XXXX

409017695

XXXX

34170607

Compliance

Federal Compliance

TRID Defect

TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided

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

Lender credit was last disclosed as -$[redacted] on the Loan Estimate, but was disclosed as -$[redacted] on the Final Closing Disclosure. Please provide the valid COC for the addition of the Appraisal Review Fee on the CD issued on [redacted] in the amount of $[redacted]. Exception will be cleared once a valid COC for this fee is provided.

Reviewer Comment (2025-07-07): Upon further review lender credit correctly disclosed to consumer.

Buyer Comment (2025-07-03): Please re-review the final signed CD, the final lender credit amount is $[redacted].

07/07/2025

XXXX

Primary

Refinance - Cash-out - Other

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

Safe Harbor QM (APOR)

Yes

XXXX

409017647

XXXX

34170612

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Other Includes Insurance Costs

Buyer Comment (2025-07-03): Seller acknowledges. No change to grading.

07/03/2025

XXXX

Primary

Purchase

Good Faith Redisclosure

Safe Harbor QM (APOR)

Yes

XXXX

409017599

XXXX

34170624

Compliance

Federal Compliance

TRID Defect

TRID [redacted] Percent Tolerance Violation Without Sufficient Cure Provided

[redacted]% fee violation due to an increase in the Recording and Title - CPL fees. No valid COC was provided for this change, nor evidence of cure. Provide a post close CD disclosing the tolerance violation of $[redacted], a copy of the refund check, proof of delivery, and a copy of the LOE to the borrower disclosing the changes made

Reviewer Comment (2025-07-14): [redacted] received Post CD and LOX by moving fee to section [redacted].

Buyer Comment (2025-07-11): Pleas see the attachment.

07/14/2025

XXXX

Primary

Purchase

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

Safe Harbor QM (APOR)

Yes

XXXX

409017640

XXXX

34170629

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail.

Loan designation failure due to QM failure. This exception will be cleared when all QM related exceptions are cleared.

Reviewer Comment (2025-07-14): Lease agree with all information visible was provided. Exception cleared.

Buyer Comment (2025-07-11): Please see attached, Lease agreement with all information.

07/14/2025

XXXX

Primary

Purchase

Lender to provide updated ATR/QM status

Safe Harbor QM (APOR)

Yes

XXXX

409017640

XXXX

34170630

Compliance

Federal Compliance

ATR/QM Defect

General QM Provision Income and Assets - REO [redacted]% Method

General QM: Unable to verify Real Estate Owned income ([redacted]% Method) using reasonably reliable third-party records.

The lease in the file is blank. Please provide the fully executed lease for the departure residence.

Reviewer Comment (2025-07-14): Lease agree with all information visible was provided. Exception cleared.

Buyer Comment (2025-07-11): Please see attached, Lease agreement with all information.

07/14/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

409017641

XXXX

34170633

Compliance

Federal Compliance

TRID Defect

TRID Revised Loan Estimate Timing Before Closing

TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on [redacted] not received by borrower at least [redacted] business days prior to closing.

Verification of earlier borrower receipt of the revised Loan Estimate was missing from the file.

Reviewer Comment (2025-07-14): [redacted] received earliest consent for LE.

Buyer Comment (2025-07-11): Please see the attached verification borrower received the loan estimate posted on [redacted].

07/14/2025

XXXX

Primary

Refinance - Cash-out - Other

No Defined Cure

Safe Harbor QM (APOR)

XXXX

409017678

XXXX

34170636

Credit

Title

Document Error

Title

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

Buyer Comment (2025-07-11): Seller acknowledges exception, no change in grading

07/11/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

409017575

XXXX

34170650

Compliance

Federal Compliance

TRID Defect

TRID [redacted] Percent Tolerance Violation Without Sufficient Cure Provided

Appraisal Review Fee was last disclosed as $[redacted] on the Loan Estimate due to being paid by the lender, but was disclosed as $[redacted] on the Final Closing Disclosure paid by the borrower. No valid COC was provided for this change on the later CD, nor evidence of cure. Provide a post close CD disclosing the tolerance violation of $[redacted], a copy of the refund check, proof of delivery, and a copy of the LOE to the borrower disclosing the changes made.

Reviewer Comment (2025-07-16): [redacted] received PCCD, LOE, proof of mailing & copy of refund check.

Buyer Comment (2025-07-16): Please see the attachment.

07/16/2025

XXXX

Second Home

Purchase

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

Safe Harbor QM (APOR)

Yes

XXXX

409017589

XXXX

34170659

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Other Includes Insurance Costs

Buyer Comment (2025-07-16): Seller acknowledges. No change to grading.

07/16/2025

XXXX

Primary

Purchase

Good Faith Redisclosure

Safe Harbor QM (APOR)

Yes

XXXX

409017617

XXXX

34170665

Compliance

Federal Compliance

ATR/QM Defect

Self-Employed Tax Return Recency - QM

Buyer Comment (2025-07-16): Seller acknowledges exception, no change to grading.

07/16/2025

XXXX

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

XXXX

409017617

XXXX

34170666

Compliance

Federal Compliance

TRID Defect

TRID Revised Loan Estimate Timing Before Closing

TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on [redacted] not received by borrower at least [redacted] business days prior to closing.

Verification of earlier borrower receipt of the revised Loan Estimate is missing from the file.

Reviewer Comment (2025-07-17): [redacted] received proof of earlier electronic receipt.

Buyer Comment (2025-07-16): Please see the attached internal screenshot showing that the LE dated [redacted] was viewed/received by the borrower on [redacted]. Please be aware, '[redacted]' denotes the time the LE was viewed/received by the borrower electronically.

07/17/2025

XXXX

Primary

Refinance - Cash-out - Other

No Defined Cure

Safe Harbor QM (APOR)

XXXX

409017620

XXXX

34170668

Credit

Missing Document

General

Missing Document

Missing Document: HUD/CD (Asset) not provided

The file was missing the Final Closing Statement for the sale of the departure residence to verify the total net equity received and that all liens are paid and closed. Please provide for review.

Reviewer Comment (2025-07-17): Received Final Closing Statement for the sale of REO. Exception Cleared.

Buyer Comment (2025-07-16): Please see the attachment for [redacted].

07/17/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

409017620

XXXX

34170669

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Other Includes Insurance Costs

Buyer Comment (2025-07-16): seller accepts; no change to grading.

07/16/2025

XXXX

Primary

Purchase

Good Faith Redisclosure

Safe Harbor QM (APOR)

Yes

XXXX

409017661

XXXX

34170678

Credit

Title

Document Error

Title

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

Buyer Comment (2025-07-16): Seller acknowledges exception, no change in grading

07/16/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

409017663

XXXX

34170681

Compliance

Federal Compliance

TRID Defect

TRID [redacted] Percent Tolerance Violation Without Sufficient Cure Provided

[redacted]% fee violation due to an increase in the Recording fee(s). No valid COC was provided for this change, nor evidence of cure. Provide a post close CD disclosing the tolerance violation of $[redacted], a copy of the refund check, proof of delivery, and a copy of the LOE to the borrower disclosing the changes made.

Reviewer Comment (2025-07-18): [redacted] received Corrected PCCD, Letter of Explanation, Proof of Delivery and Copy of Refund Check resulting in a cured the exception.

Buyer Comment (2025-07-17): Please see the attachment.

07/18/2025

XXXX

Primary

Purchase

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

Safe Harbor QM (APOR)

Yes

XXXX

409017668

XXXX

34170685

Compliance

Federal Compliance

TRID Defect

TRID Revised Loan Estimate Timing Before Closing

TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on [redacted] not received by borrower at least [redacted] business days prior to closing.

Verification of earlier borrower receipt of the revised Loan Estimate was missing from the file.

Reviewer Comment (2025-07-16): [redacted] received proof of earlier electronic receipt.

Buyer Comment (2025-07-15): Please see attached confirming the [redacted] LE was viewed.

07/16/2025

XXXX

Primary

Purchase

No Defined Cure

Safe Harbor QM (APOR)

XXXX

409017672

XXXX

34170688

Credit

Title

Document Error

Title

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

Buyer Comment (2025-07-16): Seller acknowledges exception, no change to grading.

07/16/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

409017687

XXXX

34170696

Credit

Title

Document Error

Title

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

Buyer Comment (2025-07-16): Seller acknowledges the exception, no change to grading.

07/16/2025

XXXX

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

XXXX

409017687

XXXX

34170699

Compliance

Federal Compliance

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

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

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

Buyer Comment (2025-07-16): Seller acknowledges the exception, no change to grading.

07/16/2025

XXXX

Primary

Refinance - Cash-out - Other

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

Safe Harbor QM (APOR)

Yes

XXXX

409017694

XXXX

34170706

Credit

Title

Document Error

Title

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

Buyer Comment (2025-07-15): Seller acknowledges. No changes to grading.

07/15/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

409017698

XXXX

34170707

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Other Includes Insurance Costs

Buyer Comment (2025-07-16): Seller acknowledges the exception, no change to grading.

07/16/2025

XXXX

Primary

Purchase

Good Faith Redisclosure

Safe Harbor QM (APOR)

Yes

XXXX

409017698

XXXX

34170710

Credit

Title

Document Error

Title

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

Buyer Comment (2025-07-16): Seller acknowledges the exception, no change to grading.

07/16/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

409017707

XXXX

34170715

Compliance

Federal Compliance

TRID Defect

TRID Revised Loan Estimate Timing Before Closing

TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on [redacted] not received by borrower at least [redacted] business days prior to closing.

Please provide evidence of the date the LE was received by the borrower.

Reviewer Comment (2025-07-14): [redacted] received earliest receipt for LE.

Buyer Comment (2025-07-14): Please see attached confirming the final LE on [redacted] was viewed. Please clear this exception and review to downgrade the other to an EV2.

07/14/2025

XXXX

Primary

Purchase

No Defined Cure

Safe Harbor QM (APOR)

XXXX

409017707

XXXX

34170716

Compliance

Federal Compliance

TRID Defect

TRID Revised Loan Estimate Timing Before Closing

TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on [redacted] not received by borrower at least [redacted] business days prior to closing.

Please provide evidence of the date the LE was received by the borrower.

Reviewer Comment (2025-07-14): [redacted] received earliest receipt for LE.

Buyer Comment (2025-07-14): Please review to downgrade to EV2 non material as the [redacted] LE final was acknowledged and proof was provided on associated exception.

07/14/2025

XXXX

Primary

Purchase

No Defined Cure

Safe Harbor QM (APOR)

XXXX

409017707

XXXX

34170717

Compliance

Federal Compliance

TRID Defect

TRID Revised Loan Estimate Timing Before Closing Test

TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on [redacted] not received by borrower at least [redacted] business days prior to closing.

Regraded to EV2-B as the Revised LE issued [redacted] Sequence [redacted] missing proof of receipt within [redacted] business days prior to closing, but Final LE [redacted] sequence [redacted] was received at least [redacted] business days prior to closing.

Buyer Comment (2025-07-15): Seller acknowledges the exception, no change to grading.

07/15/2025

XXXX

Primary

Purchase

No Defined Cure

Safe Harbor QM (APOR)

XXXX

409017710

XXXX

34170719

Credit

Title

Document Error

Title

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

Buyer Comment (2025-07-15): Seller acknowledges exception, no change to grading.

07/15/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

409017710

XXXX

34170720

Credit

Disclosure

Missing Document

Disclosure

E-sign Consent Agreement is missing.

Reviewer Comment (2025-07-17): E-sign consent dated on the app date provided. Exception cleared.

Buyer Comment (2025-07-17): Please review pages [redacted] and [redacted] in your loan file which reflects the clients electronic acceptance which is highlighted in red.

Reviewer Comment (2025-07-16): E-sign agreement received without signed & dated. Please provide updated E-sign agreement with signed & dated. Exception remains.

Buyer Comment (2025-07-16): Please see attached, esign consent as requested

07/17/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

409017711

XXXX

34170723

Compliance

Federal Compliance

Missing Required Data (other than HUD-1 or Note)

(Missing Data) Unable to determine if loan is a same lender refi (Circuit 2, 5, 7, 8, 9, 10 or DC)

Testing is inconclusive. The file was missing the title report or other acceptable documentation confirming the last originating lender. Please provide for review.

Buyer Comment (2025-07-15): seller accepts; no change to grading.

07/15/2025

XXXX

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

XXXX

409017711

XXXX

34170724

Credit

Legal / Regulatory / Compliance

Title / Lien Defect

Legal / Regulatory / Compliance

Final Title Policy is missing. No evidence of title in file.

Reviewer Comment (2025-07-15): Title preliminary received. Exception cleared.

Buyer Comment (2025-07-15): Please see the attachment.

07/15/2025

XXXX

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

XXXX

409017711

XXXX

34170726

Credit

Title

Document Error

Title

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

Buyer Comment (2025-07-16): seller accepts; no change to grading.

07/16/2025

XXXX

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

XXXX

409017716

XXXX

34170731

Compliance

Federal Compliance

ATR/QM Defect

Self-Employed Tax Return Recency - QM

Buyer Comment (2025-07-15): Seller acknowledges. No change to grading.

07/15/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

409017578

XXXX

34170732

Credit

Miscellaneous

Guideline

Credit Exception:

Subject is zoned [redacted] which does not meet lender's guidelines.

Borrower has $[redacted] in reserves after closing.

Representative FICO: [redacted]

The representative FICO score is above [redacted].

SitusAMC

SitusAMC,Originator,Aggregator

Originator Pre-Close,Originator,Aggregator,SitusAMC

Reviewer Comment (2025-07-21): Client elects to waive with compensating factors.

07/21/2025

XXXX

Second Home

Purchase

Safe Harbor QM (APOR)

XXXX

409017579

XXXX

34170736

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Other Includes Insurance Costs

Buyer Comment (2025-07-23): Seller acknowledges exception, no change in grading

07/23/2025

XXXX

Primary

Purchase

Good Faith Redisclosure

Safe Harbor QM (APOR)

Yes

XXXX

409017638

XXXX

34170753

Credit

Title

Document Error

Title

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

Buyer Comment (2025-07-23): Seller acknowledges exception, no change in grading

07/23/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

409017638

XXXX

34170755

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Other Includes Insurance Costs

Buyer Comment (2025-07-23): Seller acknowledges exception, no change in grading

07/23/2025

XXXX

Primary

Purchase

Good Faith Redisclosure

Safe Harbor QM (APOR)

Yes

XXXX

409017679

XXXX

34170767

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Other Includes Insurance Costs

Buyer Comment (2025-07-23): Seller acknowledges the exception, no change to grading.

07/23/2025

XXXX

Primary

Purchase

Good Faith Redisclosure

Safe Harbor QM (APOR)

Yes

XXXX

409017685

XXXX

34170771

Compliance

Federal Compliance

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

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

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

Buyer Comment (2025-07-23): Seller acknowledges exception, no change to grading.

07/23/2025

XXXX

Primary

Refinance - Cash-out - Other

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

Safe Harbor QM (APOR)

Yes

XXXX

409017691

XXXX

34170776

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Other Includes Insurance Costs

Buyer Comment (2025-07-23): Seller acknowledges the exception, no change to grading.

07/23/2025

XXXX

Second Home

Refinance - Cash-out - Other

Good Faith Redisclosure

Safe Harbor QM (APOR)

Yes

XXXX

409017692

XXXX

34170777

Credit

Title

Document Error

Title

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

Buyer Comment (2025-07-24): Seller acknowledges exception, no change in grading

07/24/2025

XXXX

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

XXXX

409017692

XXXX

34170780

Compliance

Federal Compliance

TRID Defect

TRID Revised Loan Estimate Timing Before Closing

TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on [redacted] not received by borrower at least [redacted] business days prior to closing.

Verification of earlier borrower receipt of the revised Loan Estimate is missing from the file.

Reviewer Comment (2025-07-25): [redacted] received consent for revised LE.

Buyer Comment (2025-07-24): Please see the attached internal screenshot showing that the LE dated [redacted] was viewed/received by the borrower on [redacted]. Please be aware, '[redacted]' denotes the time the LE was viewed/received by the borrower electronically.

07/25/2025

XXXX

Primary

Refinance - Cash-out - Other

No Defined Cure

Safe Harbor QM (APOR)

XXXX

409017700

XXXX

34170789

Credit

Legal / Regulatory / Compliance

Title / Lien Defect

Legal / Regulatory / Compliance

Final Title Policy is missing. No evidence of title in file.

Reviewer Comment (2025-07-23): Received title commitment report in the file. Exception cleared.

Buyer Comment (2025-07-23): Please see attached title commitment.

07/23/2025

XXXX

Second Home

Purchase

Safe Harbor QM (APOR)

XXXX

409017700

XXXX

34170790

Compliance

Federal Compliance

TRID Defect

TRID [redacted] Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: [redacted] Percent Fee Tolerance exceeded for Pest Inspection Fee. Fee Amount of $[redacted] exceeds tolerance of $[redacted]. Insufficient or no cure was provided to the borrower.

Pest Inspection Fee was not disclosed on the Loan Estimate but was disclosed as $[redacted] on the Final Closing Disclosure. No valid COC was provided for this change, nor evidence of cure. Provide a post close CD disclosing the tolerance violation of $[redacted], a copy of the refund check, proof of delivery, and a copy of the LOE to the borrower disclosing the changes made.

Reviewer Comment (2025-07-28): [redacted] received comment for fee required by borrower and shopped for the fee.

Buyer Comment (2025-07-25): Apologies for the oversight. This is a Section [redacted] fee and as such is subject to unlimited tolerance. This is not a requirement for the loan and the borrower negotiated the fee for this service on their own behalf. Please review to clear this condition.

Reviewer Comment (2025-07-24): [redacted] CD without date issued and loan terms are already excluded from testing. CD dated [redacted] signed at closing and CD dated [redacted] reflects Pest inspection fee under Section [redacted] $[redacted]. A valid Changed Circumstance or cure is required. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check.

Buyer Comment (2025-07-24): This was the CD sent from the title company only to be used to balance our CD. It was not disclosed to the consumer and should not be considered in any testing as it was for internal use only. Further, reviewing the first page of this CD confirms this as there are no terms such as an interest rate. Finally, the final CD does not have this charge imposed on the consumer. Please review to clear this condition.

Reviewer Comment (2025-07-23): [redacted] Pest Inspection fee added on CD dated [redacted] under section [redacted] without valid COC. A valid Changed Circumstance or cure is required. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check.

Buyer Comment (2025-07-23): Please re-review as there is not a pest inspection fee.

07/28/2025

XXXX

Second Home

Purchase

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

Safe Harbor QM (APOR)

Yes

XXXX

409017700

XXXX

34170791

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Other Includes Insurance Costs

Buyer Comment (2025-07-23): Seller acknowledges the exception, no change to grading.

07/23/2025

XXXX

Second Home

Purchase

Good Faith Redisclosure

Safe Harbor QM (APOR)

Yes

XXXX

409017703

XXXX

34170798

Credit

Title

Document Error

Title

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

Buyer Comment (2025-07-23): Seller acknowledges the exception, no change to grading.

07/23/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

409017712

XXXX

34170815

Compliance

Federal Compliance

TRID Defect

TRID Revised Loan Estimate Timing Before Closing

TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on [redacted] not received by borrower at least [redacted] business days prior to closing.

Verification of earlier borrower receipt of the revised Loan Estimate is missing from the file.

Reviewer Comment (2025-07-24): [redacted] received earliest receipt of LE.

Buyer Comment (2025-07-23): Please see the attached. The [redacted] confirms the borrower acknowledged the LE disclosed on [redacted]. Oustanding refers to when the LE was posted in the screenshot.

07/24/2025

XXXX

Primary

Purchase

No Defined Cure

Safe Harbor QM (APOR)

XXXX

409017713

XXXX

34170818

Compliance

Federal Compliance

TRID Defect

TRID [redacted] Percent Tolerance Violation Without Sufficient Cure Provided

[redacted]% fee violation due to the addition of the [redacted] Residential Fee in the amount of $[redacted] and the addition of the "other" recording fee charged to the borrower in the amount of $[redacted]. No valid COC was provided for this change, nor evidence of cure. Provide a post close CD disclosing the tolerance violation of $[redacted], a copy of the refund check, proof of delivery, and a copy of the LOE to the borrower disclosing the changes made.

Reviewer Comment (2025-07-25): [redacted] received Corrected PCCD, Letter of Explanation, Proof of Delivery and Copy of Refund Check resulting in a cured the exception.

Buyer Comment (2025-07-24): Please see the attached for the corrected CD, LOE, check copy and shipping label.

07/25/2025

XXXX

Primary

Purchase

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

Safe Harbor QM (APOR)

Yes

XXXX

409017717

XXXX

34170830

Credit

Miscellaneous

Guideline

Credit Exception:

The borrower's current mortgage history with [redacted] is only reporting for [redacted] months. Please provide documentation to verify the history prior to the current lien to verify [redacted] months as per guidelines, or evidence a prior lien did not exist.

Reviewer Comment (2025-07-24): [redacted] was reporting on credit and was the prior lien per search. Nothing further required, exception cleared.

Buyer Comment (2025-07-23): Please see attached county records confirming the prior lien was paid off prior to the original [redacted] transaction.

07/24/2025

XXXX

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

XXXX

409017718

XXXX

34170832

Credit

Title

Document Error

Title

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

Buyer Comment (2025-07-23): Seller acknowledges the exception, no change to grading.

07/23/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

409017719

XXXX

34170836

Compliance

Federal Compliance

TRID Defect

TRID [redacted] Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: [redacted] Percent Fee Tolerance exceeded for Processing Fee. Fee Amount of $[redacted] exceeds tolerance of $[redacted]. Insufficient or no cure was provided to the borrower.

The Processing Fee was added to the LE dated [redacted] in the amount of $[redacted]. A COC was not found. Please provide a valid COC, or post close CD disclosing the tolerance violation of $[redacted], a copy of the refund check, proof of delivery, and a copy of the LOE to the borrower disclosing the changes made.

Reviewer Comment (2025-07-28): [redacted] received rebuttal and denial letter is sufficient.

Buyer Comment (2025-07-25): Loan loan# [redacted] is the original file# from the prior partner/broker ([redacted]) as listed on the referenced loan application and noted on the previously provided denial letter. This is the same application and not [redacted] separate please review to clear this issue.

Reviewer Comment (2025-07-25): [redacted] received Denial letter for previous application with loan #[redacted]; however, file contains one more previous application with loan #[redacted]. kindly provide denial letter for previous application with loan #[redacted].

Buyer Comment (2025-07-24): Please see the attachment.

Reviewer Comment (2025-07-24): [redacted] received rebuttal comment to exclude all LEs dated before [redacted]. However, the file has all the initial documents for the previous loan including intend to proceed from borrower. If the borrower has not proceeded with the previous loan we required denial letter or cancellation letter for previous loan to remove these LEs from testing.

Buyer Comment (2025-07-23): The prior loan estimates can be disregarded, as they refer to a different loan number. The loan estimate on [redacted], is the initial loan estimate on this loan.

07/28/2025

XXXX

Primary

Purchase

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

Safe Harbor QM (APOR)

Yes

XXXX

409017719

XXXX

34170837

Compliance

Federal Compliance

TRID Defect

TRID [redacted] Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: [redacted] Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $[redacted] exceeds tolerance of $[redacted]. Insufficient or no cure was provided to the borrower.

Credit Report Fee was was increased to $[redacted] on the Loan Estimate dated [redacted]. No valid COC was provided for this change, nor evidence of cure. Please provide a valid COC or provide a post close CD disclosing the tolerance violation of $[redacted], a copy of the refund check, proof of delivery, and a copy of the LOE to the borrower disclosing the changes made.

07/28/2025

XXXX

Primary

Purchase

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

Safe Harbor QM (APOR)

Yes

XXXX

409017719

XXXX

34170838

Compliance

Federal Compliance

TRID Defect

TRID [redacted] Percent Tolerance Violation Without Sufficient Cure Provided

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

The Credit Monitoring Service Fee in the amount of $[redacted] was added on the Loan Estimate dated [redacted]. No valid COC was provided for this change, nor evidence of cure. Provide a valid COC or provide a post close CD disclosing the tolerance violation of $[redacted] , a copy of the refund check, proof of delivery, and a copy of the LOE to the borrower disclosing the changes made.

07/28/2025

XXXX

Primary

Purchase

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

Safe Harbor QM (APOR)

Yes

XXXX

409017719

XXXX

34170839

Compliance

Federal Compliance

TRID Defect

TRID [redacted] Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: [redacted] Percent Fee Tolerance exceeded for Tax Service Fee (Life Of Loan). Fee Amount of $[redacted] exceeds tolerance of $[redacted]. Insufficient or no cure was provided to the borrower.

The Tax Service Fee (Life Of Loan) Fee increased to $[redacted] on the Loan Estimate dated [redacted]. No valid COC was provided for this change, nor evidence of cure. Please provide a valid COC or provide a post close CD disclosing the tolerance violation of $[redacted], a copy of the refund check, proof of delivery, and a copy of the LOE to the borrower disclosing the changes made.

07/28/2025

XXXX

Primary

Purchase

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

Safe Harbor QM (APOR)

Yes

XXXX

409017719

XXXX

34170840

Compliance

Federal Compliance

ATR/QM Defect

Self-Employed Tax Return Recency - QM

Buyer Comment (2025-07-23): seller accepts; no change to grading.

07/23/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

409017559

XXXX

34170843

Credit

Loan Package Documentation

Application / Processing

Loan Package Documentation

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

Disaster Name: ___
Disaster Declaration Date: ___

Property inspected post disaster but pre-FEMA declaration of disaster end date.

Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [redacted]

SitusAMC,Originator

Reviewer Comment (2025-07-25): PDI supplied on [redacted]. No Damage.

Buyer Comment (2025-07-23): Disregard provided document. Pg [redacted] is the disaster inspection confirming no damage.

Buyer Comment (2025-07-23): Please see attached confirming no damage.

07/25/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

409017559

XXXX

34170846

Credit

Loan Package Documentation

Application / Processing

Missing Document

Missing Document: Loan Underwriting and Transmittal Summary (1008) / MCAW not provided

The Underwriting and Transmittal Summary in file is not accurate. Please provide revised Transmittal that aligns with the AUS.

Reviewer Comment (2025-07-24): Updated 1008 received. Exception cleared.

Buyer Comment (2025-07-24): Please see attached updated 1008.

07/24/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

409017560

XXXX

34170848

Compliance

Federal Compliance

TRID Defect

TRID [redacted] Percent Tolerance Violation Without Sufficient Cure Provided

[redacted]% fee violation due to the addition of the [redacted] Fee added on the CD issued on [redacted]. A valid COC was not provided for this change, nor evidence of cure. Please provide a post close CD disclosing the tolerance violation of $[redacted], a copy of the refund check, proof of delivery, and a copy of the LOE to the borrower disclosing the changes made.

Reviewer Comment (2025-07-25): [redacted] received PCCD, LOE, proof of mailing & copy of refund check.

Buyer Comment (2025-07-24): Please see the attached for the corrected CD, LOE, check copy and shipping label.

07/25/2025

XXXX

Primary

Refinance - Rate/Term

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

Safe Harbor QM (APOR)

Yes

XXXX

3563524221

XXXX

34313982

Compliance

Federal Compliance

TRID Defect

TRID Revised Loan Estimate Timing Before Closing

TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on [redacted] not received by borrower at least [redacted] business days prior to closing.

Verification of earlier borrower receipt of the revised Loan Estimate was missing from the file.

Reviewer Comment (2025-06-19): [redacted] received proof of receipt.

Buyer Comment (2025-06-18): Please see the attached screenshot confirming the last le was acknowledged on [redacted]. The loan closed [redacted] business days later on [redacted].

06/19/2025

XXXX

Primary

Refinance - Rate/Term

No Defined Cure

Safe Harbor QM (APOR)

XXXX

3562324564

XXXX

34313985

Credit

Title

Document Error

Title

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

Reviewer Comment (2025-07-24): Final Title policy received with coverage amount. Exception cleared.

Buyer Comment (2025-07-24): Please see attached final title policy

07/24/2025

XXXX

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

XXXX

3565030699

XXXX

34313992

Credit

Title

Document Error

Title

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

Buyer Comment (2025-07-24): Seller acknowledges the exception, no change to grading.

Buyer Comment (2025-07-24): Please see the attached final title policy.

07/24/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

3565492721

XXXX

34313995

Credit

Miscellaneous

Guideline

Credit Exception:

A lender exception was made at origination due to the property being zoned commercial, which does not meet guidelines. Please provide a minimum of two credit comp factors (e.g. FICO, DTI, LTV, etc.) in order to downgrade this exception.

The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum.

The representative FICO score exceeds the guideline minimum by at least [redacted] points.

Borrower has verified disposable income of at least $[redacted].

DTI of [redacted]% is < guideline allowable DTI of [redacted]% by more than [redacted]%.

FICO of [redacted] exceeds guideline minimum by > [redacted] points.

Borrower has verified residual income of $[redacted]/month.

SitusAMC,Originator,Aggregator

Originator,Aggregator,SitusAMC

Originator,Aggregator,SitusAMC

Reviewer Comment (2025-07-25): Client elects to waive with compensating factors.

Buyer Comment (2025-07-24): Please apply the following compensating factors:
[redacted] FICO
[redacted]% DTI
$[redacted] monthly residual income
[redacted]+ months PITIA reserves

07/25/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

3565492721

XXXX

34313997

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Other Includes Insurance Costs

Buyer Comment (2025-07-24): Seller acknowledges exception, no change to grading.

07/24/2025

XXXX

Primary

Purchase

Good Faith Redisclosure

Safe Harbor QM (APOR)

Yes

XXXX

3565492721

XXXX

34313999

Compliance

Federal Compliance

TRID Defect

TRID Revised Loan Estimate Timing Before Closing

TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on [redacted] not received by borrower at least [redacted] business days prior to closing.

Verification of earlier borrower receipt of the revised Loan Estimate is missing from the file.

Reviewer Comment (2025-07-25): [redacted] received disclosure summary suffice

Buyer Comment (2025-07-24): Please see the attached internal screenshot showing that the LE dated [redacted] was viewed/received by the borrower on [redacted]. Please be aware, '[redacted]' denotes the time the LE was viewed/received by the borrower electronically.

07/25/2025

XXXX

Primary

Purchase

No Defined Cure

Safe Harbor QM (APOR)

XXXX

3565492721

XXXX

34314000

Credit

Loan Package Documentation

Loan File

Missing Document

Missing Document: Hazard Insurance Policy not provided

The subject is located in a condo project. The file was missing the condo master insurance policy.

Reviewer Comment (2025-07-24): Received condo master insurance policy. Exception cleared.

Buyer Comment (2025-07-24): Please see the attached condo master insurance policy.

07/24/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

3563627655

XXXX

34314006

Credit

Title

General

Title

Title Policy Coverage is less than Original Loan Amount.

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

Buyer Comment (2025-07-24): Seller acknowledges exception, no change to grading.

07/24/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

3563726432

XXXX

34314010

Compliance

Federal Compliance

TRID Defect

TRID [redacted] Percent Tolerance Violation Without Sufficient Cure Provided

Reviewer Comment (2025-07-25): [redacted] received Valid COC dated [redacted].

Buyer Comment (2025-07-24): Please see attached CIC for the increase to the appraisal fee. There was a $[redacted] rush fee

07/25/2025

XXXX

Primary

Purchase

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

Safe Harbor QM (APOR)

Yes

XXXX

3564621436

XXXX

34314013

Credit

Title

Document Error

Title

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

Buyer Comment (2025-07-30): Seller acknowledges the exception, no change to grading.

07/30/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

3565135871

XXXX

34314021

Credit

Title

Document Error

Title

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

Buyer Comment (2025-07-24): Seller acknowledges the exception, no change to grading.

07/24/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

3565135871

XXXX

34314022

Credit

Missing Document

General

Missing Document

Missing Document: HUD/CD (Asset) not provided

The file was missing the Final Closing Statement for the sale of REO to verify the total net equity received and all liens are paid and closed. Please provide for review.

Reviewer Comment (2025-07-24): Received Closing Statement for the sale of REO " [redacted]" to verify the total net equity. Exception cleared.

Buyer Comment (2025-07-24): Please see the attached settlement statement.

07/24/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

3565195872

XXXX

34314025

Compliance

Federal Compliance

TRID Defect

TRID [redacted] Percent Tolerance Violation Without Sufficient Cure Provided

[redacted]% fee violation due to the addition of the Title - CPL, Title - Recording Service and increase of the Title - Settlement/Closing Fees all on the LE issued on [redacted]. No valid COC was provided for this change, nor evidence of cure. Provide a valid COC or a post close CD disclosing the tolerance violation of $[redacted], a copy of the refund check, proof of delivery, and a copy of the LOE to the borrower disclosing the changes made.

Reviewer Comment (2025-07-31): [redacted] received corrected PCCD and LOE moving the borrower shopped fees from section [redacted] to [redacted].

Buyer Comment (2025-07-31): Please see the attached package curing the issue.

Reviewer Comment (2025-07-25): [redacted] received rebuttal comment. However, title fees are moved to section [redacted] on final CD and fees are tested under [redacted]% tolerance. Provider listed on SSPL is [redacted] and [redacted]. But fees on CD were paid to [redacted]. Appears borrower shopped for title fees. Please provide more information on moving the fee to section [redacted] or Corrected CD moving the title fees to Section [redacted] and LOE to borrower required to cure.

Buyer Comment (2025-07-24): Please be advised the fees increased while in Section [redacted] and were later moved to Section [redacted], the move does not require a CIC.

07/31/2025

XXXX

Primary

Purchase

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

Safe Harbor QM (APOR)

Yes

XXXX

3565195872

XXXX

34314026

Compliance

Federal Compliance

TRID Defect

TRID [redacted] Percent Tolerance Violation Without Sufficient Cure Provided

TILA-RESPA Integrated Disclosure: [redacted] Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $[redacted] exceeds tolerance of $[redacted]. Insufficient or no cure was provided to the borrower.

Loan Discount Points Fee was last disclosed as $[redacted] on the Loan Estimate but was disclosed as $[redacted] on the Final Closing Disclosure. No valid COC was provided for this change, nor evidence of cure. Please provide a valid COC, or provide a post close CD disclosing the tolerance violation of $[redacted], a copy of the refund check, proof of delivery, and a copy of the LOE to the borrower disclosing the changes made.

Reviewer Comment (2025-07-31): [redacted] sufficient cure provided for lender credit.

Buyer Comment (2025-07-31): Please see the attached package curing the issue.

Reviewer Comment (2025-07-25): [redacted] received rebuttal and the COC dated [redacted] for change in rate due to which the points were increased however, on CD dated [redacted] the increased points ($[redacted]) were paid by lender and on final CD the same portion was paid by the borrower. Please provide more information on why the fee was changed from lender paid to borrower paid or cure would be required.

Buyer Comment (2025-07-24): Please see the attached CIC that the partner requested a change to the rate which affected the loan points.

07/31/2025

XXXX

Primary

Purchase

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

Safe Harbor QM (APOR)

Yes

XXXX

3565195872

XXXX

34314028

Compliance

Federal Compliance

TRID Defect

TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided

Lender credit was last disclosed as $-[redacted] on the Loan Estimate but was disclosed as $[redacted] on the Final Closing Disclosure. No valid COC was provided for this change, nor evidence of cure. Please provide a valid COC for this change or provide a post close CD disclosing the tolerance violation of $[redacted], a copy of the refund check, proof of delivery, and a copy of the LOE to the borrower disclosing the changes made.

Reviewer Comment (2025-07-31): [redacted] received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.

Buyer Comment (2025-07-31): Please see the attached package curing the issue.

07/31/2025

XXXX

Primary

Purchase

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

Safe Harbor QM (APOR)

Yes

XXXX

3564242454

XXXX

34314045

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Other Includes Insurance Costs

Buyer Comment (2025-07-24): seller accepts; no change to grading.

07/24/2025

XXXX

Second Home

Purchase

Good Faith Redisclosure

Safe Harbor QM (APOR)

Yes

XXXX

3565134681

XXXX

34314060

Credit

Title

Document Error

Title

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

Buyer Comment (2025-07-24): seller accepts; no change to grading.

07/24/2025

XXXX

Primary

Refinance - Rate/Term

Safe Harbor QM (APOR)

XXXX

3565134681

XXXX

34314061

Compliance

Federal Compliance

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

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

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

Buyer Comment (2025-07-24): seller accepts; no change to grading.

07/24/2025

XXXX

Primary

Refinance - Rate/Term

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

Safe Harbor QM (APOR)

Yes

XXXX

3565447080

XXXX

34314066

Credit

Title

Document Error

Title

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

Buyer Comment (2025-07-24): Seller acknowledges exception, no change in grading

07/24/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

3565447080

XXXX

34314067

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Amount Financed Test

Final Closing Disclosure disclosed an amount financed of $[redacted]; calculated amount financed is $[redacted]. Variance is $[redacted]which consists of the Appraisal Management Fee and Flood Determination Fees.

Reviewer Comment (2025-08-12): [redacted] received Letter of Explanation, Proof of Delivery, Refund check & Corrected CD

Buyer Comment (2025-08-12): Please see the cure redisclosure package attached along with confirmation this was mailed to the borrower

08/12/2025

XXXX

Primary

Purchase

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

Safe Harbor QM (APOR)

Yes

XXXX

3565447080

XXXX

34314068

Compliance

Federal Compliance

TRID Defect

TRID Final Closing Disclosure Finance Charge

Final Closing Disclosure disclosed a finance charge of $[redacted]; calculated finance charge is $[redacted]. Variance is $[redacted]which consists of the Appraisal Management Fee and Flood Determination Fees.

08/12/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

Yes

XXXX

3565524375

XXXX

34314070

Compliance

Federal Compliance

TRID Defect

TRID Additional [redacted]-Day Waiting Period Timing Test - Regular Transaction

TILA-RESPA Integrated Disclosure - Most recent Closing Disclosure received at least [redacted] days prior to closing dated [redacted] disclosed an inaccurate APR of [redacted]% compared to the actual APR at consummation of [redacted]% and a revised CD disclosing an accurate APR was not received by borrower at least [redacted] business days prior to consummation.

Buyer Comment (2025-08-21): Seller acknowledges exception, no change to grading.

Reviewer Comment (2025-07-30): The issue is that need to provide a CD with an accurate APR and the borrower must receive that CD at least [redacted] days prior to consummation.The only CD received [redacted] days prior to consummation is the [redacted] CD and we would then compare the APR on that CD to the actual APR at consummation. So [redacted] Initial CD APR of [redacted]% & Finance Charge of $[redacted] compared to actual Calculated APR of [redacted]% and actual finance charge of $[redacted]. Since the APR on the [redacted] CD compared to actual APR decreased, it's an overstated APR but it's only considered accurate if it was based on an overstated finance charge. However, since the finance charge on [redacted] is not accurate (under disclosed compared to actual finance charge), then the overstated APR on the [redacted] CD is not considered accurate. We can use same write up/comment as prior loans with similar change: Pursuant to [redacted], the disclosed APR is considered accurate if 1) the rate results from the disclosed finance charge; AND 2) the disclosed finance charge would be considered accurate under [redacted], [redacted], or [redacted] as applicable. The APR on the most recent CD received at least [redacted] days prior to consummation ([redacted] CD) is not considered accurate as the finance charge it is based on ($[redacted] disclosed on the [redacted] CD) is not accurate as compared to the actual finance charge at consummation ($[redacted]).

Buyer Comment (2025-07-29): Please see attached, [redacted] request dated [redacted] which confirmed the initial CD APR was correct at the time. [redacted] clarified in FAQ "[redacted]. Is a creditor required to ensure that a consumer receives a corrected Closing Disclosure at least [redacted] business days before consummation if the APR decreases (i.e., the previously disclosed APR is overstated)". Per the above comment and the reggie request confirming the initial CD was accurate at the time, we do not need to re open the [redacted] day waiting period when a APR is overstated.

Reviewer Comment (2025-07-25): [redacted] and [redacted] require that the consumer receives accurate disclosures with the actual terms of the transaction at least [redacted] specific/precise business days prior to consummation. If the APR disclosed on the initial CD becomes inaccurate as defined under [redacted], revised disclosures with an accurate APR must be disclosed and a new [redacted]-day waiting period prior to consummation provided. The APR on the most recent CD received [redacted] days prior to consummation ([redacted]%) changed more than the [redacted]%(regular transaction) threshold compared to the actual/calculated APR at consummation ([redacted]%) and a revised disclosure with accurate APR was not received by the consumer at least [redacted] business days prior to consummation.

08/21/2025

XXXX

Primary

Purchase

TRID timing exception, no remediation available.

Safe Harbor QM (APOR)

XXXX

3565801655

XXXX

34314074

Credit

Title

Document Error

Title

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

Buyer Comment (2025-07-24): Seller acknowledges the exception, no change to grading.

07/24/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

3563467682

XXXX

34314077

Credit

Title

Document Error

Title

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

Buyer Comment (2025-07-29): Seller acknowledges. No change to grading.

07/29/2025

XXXX

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

XXXX

3563467682

XXXX

34314080

Compliance

Federal Compliance

TRID Defect

TRID [redacted] Percent Tolerance Violation Without Sufficient Cure Provided

[redacted]% fee violation due to an increase in the Recording Fees. No valid COC was provided for this change, nor evidence of cure. Provide a post close CD disclosing the tolerance violation of $[redacted], a copy of the refund check, proof of delivery, and a copy of the LOE to the borrower disclosing the changes made.

Reviewer Comment (2025-07-29): [redacted] received fee history and detailed comment for fee bifurcation.

Buyer Comment (2025-07-29): Per the attached internal screenshots, the recording fees have always been disclosed as $[redacted] since initial LE. They were bifurcated as Recording Fees and other Taxes- $[redacted] and Transfer Taxes - $[redacted] on the Initial LE. The fee name changed from Transfer Taxes - $[redacted] to Recording Fee- Other $[redacted] on the initial CD.

07/29/2025

XXXX

Primary

Refinance - Cash-out - Other

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

Safe Harbor QM (APOR)

Yes

XXXX

3563825336

XXXX

34314083

Credit

Miscellaneous

Guideline

Credit Exception:

Subject is zoned agricultural which does not meet guidelines. Lender exception was approved at origination.

The qualifying DTI on the loan is less than or equal to [redacted]%.

Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of [redacted] months PITIA or more.

The representative FICO score is above [redacted].

[redacted]% DTI

[redacted] months reserves verified.

[redacted] FICO

SitusAMC,Originator,Aggregator

SitusAMC

SitusAMC

Reviewer Comment (2025-08-01): Client elects to waive with compensating factors.

Buyer Comment (2025-07-30): Please apply the compensating factors listed on the 1008 to downgrade exception.

08/01/2025

XXXX

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

XXXX

3565192793

XXXX

34314093

Credit

Income / Employment

Income Documentation

Missing Document

REO Documents are missing.

The file was missing the HOA documentation for this property, please provide for review.

Reviewer Comment (2025-07-28): HOA document received. Exception cleared.

Buyer Comment (2025-07-28): Please see screen shot attached from [redacted] which confirms $[redacted]/mon in HOA dues.
https://www.[redacted]

07/28/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

3565443199

XXXX

34314095

Credit

Title

Document Error

Title

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

Buyer Comment (2025-07-28): Seller acknowledges the exception, no change to grading.

07/28/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

3564338760

XXXX

34314106

Credit

Miscellaneous

Guideline

Credit Exception:

Subject is zoned agricultural which does not meet lender's guidelines. Please provide the credit compensating factors for the guideline exception made. Exception to be reviewed for a downgrade upon receipt.

Borrower has been employed in the same industry for more than [redacted] years.

The representative FICO score exceeds the guideline minimum by at least [redacted] points.

Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of [redacted] months PITIA or more.

Borrower has been self-employed for [redacted] years.

Representative FICO is [redacted]

Reserves of $[redacted] are > [redacted] months PITIA.

Originator,Aggregator,SitusAMC

SitusAMC,Originator,Aggregator

Originator,Aggregator,SitusAMC

Reviewer Comment (2025-08-07): Client elects to waive with compensating factors.

Buyer Comment (2025-08-05): Compensating Factors to Waive this exception are:

- Median FICO is [redacted]
- DTI is [redacted]%, Housing ratio is [redacted]%
- LTV/CLTV is [redacted]%
- $[redacted] in excess reserves.
- Self employment income for a business operating for [redacted] years.
- No derogatory credit reporting.
- [redacted]+ years of mortgage history no lates.

Reviewer Comment (2025-08-01): The appraisal reflects a Zoning Classification of [redacted] which signifies Agricultural. Please note, diligence was requested to set this exception at the time the loan was delivered. Please provide the acceptable compensating credit factors (FICO, LTV, etc...) to waive this exception.

Buyer Comment (2025-07-30): The zoning description on the appraisal is Single Family Residential which meets guidelines, please review to clear this issue.

08/07/2025

XXXX

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

XXXX

3564338760

XXXX

34314110

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Risk.

Loan designation failure due to QM failure. This exception will be cleared when all QM related exceptions are cleared

Reviewer Comment (2025-08-20): Income/Loss and depreciation from the[redacted] interest in both [redacted] and Leverage adjusted under the borrower's cash flow based on client's guidelines. Income is in line with lender at [redacted]%. DTI exceptions have been downgraded to EV2's and waived at client's request. Loan designation and QM risk exceptions are cleared.

Buyer Comment (2025-08-20): Please see the attached for the updated 1008 and 1003 putting DTI at [redacted]%. Also included are the full business tax returns for the clients company [redacted]. The qualifying loss from this business has been reduced from $[redacted] to $[redacted] with the clients owning a combined [redacted]% of the company. Moreover, the clients own [redacted]% of [redacted] combined, income is updated to reflect this under borrower [redacted].

Once DTI is updated we'd like the credit and compliance exceptions downgraded from Ev3/C's to Ev2/B's or if possible cleared from Ev3/C's to Ev1/A's using the following comp factors.

- LTV/CLTV is [redacted]%
- Qualifying FICO is [redacted]
- $[redacted] in excess reserves
- Housing ratio is [redacted]%
- [redacted] years of mortgage history with no lates
- Self employed businesses operating for [redacted] years
- No derogatory credit history.

Reviewer Comment (2025-08-01): The borrower only has [redacted]% ownership of Leverage. Based on this, only [redacted]% of depreciation can be utilized. It is noted the co-borrower has the other [redacted]% ownership. If client wishes to use the co-borrower's portion of the income from the business, please provide a revised 1008 and 1003 including this income in qualifying.

Buyer Comment (2025-07-30): The calculation being completed by [redacted] is incorrect. The full amount ([redacted]%) of depreciation should be added back per guidelines (not[redacted]%) for [redacted] at $[redacted] and $[redacted] in [redacted] and [redacted]. This applies to all depreciation added back for each qualifying income source, please escalate this loan within your credit team to have the income calculated appropriately.

08/20/2025

XXXX

Primary

Refinance - Cash-out - Other

Lender to provide updated ATR/QM status

Safe Harbor QM (APOR)

Yes

XXXX

3564338760

XXXX

34314111

Compliance

Federal Compliance

ATR/QM Defect

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

General QM: The DTI calculated in accordance with the Lenders Guidelines and [redacted] of [redacted]% moderately exceeds the guideline maximum of [redacted]%. (DTI Exception requires compelling compensating factors to consider regrading to EV2-B.)

Reviewer Comment (2025-08-20): Income/Loss and depreciation from the CB's interest in both [redacted] and[redacted] adjusted under the borrower's cash flow based on client's guidelines. Income is in line with lender at [redacted]%, exception cleared.

Buyer Comment (2025-08-20): Please see the attached for the updated 1008 and 1003 putting DTI at [redacted]%. Also included are the full business tax returns for the clients company [redacted]. The qualifying loss from this business has been reduced from $[redacted] to $[redacted] with the clients owning a combined [redacted]% of the company. Moreover, the clients own [redacted]% of [redacted] combined, income is updated to reflect this under borrower [redacted].

Once DTI is updated we'd like the credit and compliance exceptions downgraded from Ev3/C's to Ev2/B's or if possible cleared from Ev3/C's to Ev1/A's using the following comp factors.

- LTV/CLTV is [redacted]%
- Qualifying FICO is [redacted]
- $[redacted] in excess reserves
- Housing ratio is [redacted]%
- [redacted] years of mortgage history with no lates
- Self employed businesses operating for [redacted] years
- No derogatory credit history.

Reviewer Comment (2025-08-01): The borrower only has [redacted]% ownership of Leverage. Based on this, only [redacted]% of depreciation can be utilized. It is noted the co-borrower has the other [redacted]% ownership. If client wishes to use the co-borrower's portion of the income from the business, please provide a revised 1008 and 1003 including this income in qualifying.

Buyer Comment (2025-07-30): The calculation being completed by [redacted] is incorrect. The full amount ([redacted]%) of depreciation should be added back per guidelines (not[redacted]%) for [redacted] at $[redacted] and $[redacted] in [redacted] and [redacted]. This applies to all depreciation added back for each qualifying income source, please escalate this loan within your credit team to have the income calculated appropriately.

08/20/2025

XXXX

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

XXXX

3564338760

XXXX

34314112

Credit

AUS Discrepancy / Guidelines Discrepancy

Guideline

Guideline Requirement: Investor qualifying total debt ratio discrepancy.

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

DTI is excessive due to the cash flow on [redacted]. Please provide support for the $[redacted]/ month considered. Diligence has considered K1/Net rental + [redacted]% of depreciation. No other eligible add-backs present on the [redacted]. Total qualifying income verified by diligence between [redacted]& [redacted]and [redacted] after consideration of Schedule [redacted] business losses is $[redacted].

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

Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of [redacted] months PITIA or more.

The representative FICO score is above [redacted].

LTV of [redacted]% is < [redacted]%.

Reserves of $[redacted] are > [redacted] months PITIA.

FICO of [redacted] is > [redacted].

Originator,Aggregator,SitusAMC

Originator,Aggregator,SitusAMC

Originator,Aggregator,SitusAMC

Reviewer Comment (2025-08-20): Client elects to waive with compensating factors.

Buyer Comment (2025-08-20): Please see the attached for the updated 1008 and 1003 putting DTI at [redacted]%. Also included are the full business tax returns for the clients company [redacted]. The qualifying loss from this business has been reduced from $[redacted] to $[redacted] with the clients owning a combined [redacted]% of the company. Moreover, the clients own [redacted]% of [redacted] combined, income is updated to reflect this under borrower [redacted].

Once DTI is updated we'd like the credit and compliance exceptions downgraded from Ev3/C's to Ev2/B's or if possible cleared from Ev3/C's to Ev1/A's using the following comp factors.

- LTV/CLTV is [redacted]%
- Qualifying FICO is [redacted]
- $[redacted] in excess reserves
- Housing ratio is [redacted]%
- [redacted] years of mortgage history with no lates
- Self employed businesses operating for [redacted] years
- No derogatory credit history.

Reviewer Comment (2025-08-01): The borrower only has [redacted]% ownership of Leverage. Based on this, only [redacted]% of depreciation can be utilized. It is noted the co-borrower has the other [redacted]% ownership. If client wishes to use the co-borrower's portion of the income from the business, please provide a revised 1008 and 1003 including this income in qualifying.

Buyer Comment (2025-07-30): The calculation being completed by [redacted] is incorrect. The full amount ([redacted]%) of depreciation should be added back per guidelines (not[redacted]%) for [redacted] at $[redacted] and $[redacted] in [redacted] and [redacted]. This applies to all depreciation added back for each qualifying income source, please escalate this loan within your credit team to have the income calculated appropriately.

08/20/2025

XXXX

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

XXXX

3564338760

XXXX

34314113

Compliance

Federal Compliance

ATR/QM Defect

General QM Provision Investor Guidelines Violation

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

Reviewer Comment (2025-08-20): Income/Loss and depreciation from the [redacted] interest in both [redacted] and Leverage adjusted under the borrower's cash flow based on client's guidelines. Income is in line with lender at [redacted]%. DTI exceptions have been downgraded to EV2's and waived at client's request. Loan designation and QM risk exceptions are cleared.

Buyer Comment (2025-08-20): Please see the attached for the updated 1008 and 1003 putting DTI at [redacted]%. Also included are the full business tax returns for the clients company [redacted]. The qualifying loss from this business has been reduced from $[redacted] to $[redacted] with the clients owning a combined [redacted]% of the company. Moreover, the clients own [redacted]% of [redacted] combined, income is updated to reflect this under borrower [redacted].

Once DTI is updated we'd like the credit and compliance exceptions downgraded from Ev3/C's to Ev2/B's or if possible cleared from Ev3/C's to Ev1/A's using the following comp factors.

- LTV/CLTV is [redacted]%
- Qualifying FICO is [redacted]
- $[redacted] in excess reserves
- Housing ratio is [redacted]%
- [redacted] years of mortgage history with no lates
- Self employed businesses operating for [redacted] years
- No derogatory credit history.

Reviewer Comment (2025-08-01): The borrower only has [redacted]% ownership of Leverage. Based on this, only [redacted]% of depreciation can be utilized. It is noted the co-borrower has the other [redacted]% ownership. If client wishes to use the co-borrower's portion of the income from the business, please provide a revised 1008 and 1003 including this income in qualifying.

Buyer Comment (2025-07-30): The calculation being completed by [redacted] is incorrect. The full amount ([redacted]%) of depreciation should be added back per guidelines (not[redacted]%) for [redacted] at $[redacted] and $[redacted] in [redacted] and [redacted]. This applies to all depreciation added back for each qualifying income source, please escalate this loan within your credit team to have the income calculated appropriately.

08/20/2025

XXXX

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

XXXX

3564338760

XXXX

34314114

Compliance

Federal Compliance

ATR/QM Defect

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

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

DTI is excessive due to self-employed income variances from multiple businesses.

LTV of [redacted]% is < [redacted]%.

Reserves of $[redacted] are > [redacted] months PITIA.

FICO of [redacted] is > [redacted].

Originator,Aggregator,SitusAMC

Originator,Aggregator,SitusAMC

Originator,Aggregator,SitusAMC

Reviewer Comment (2025-08-20): Client elects to waive with compensating factors.

08/20/2025

XXXX

Primary

Refinance - Cash-out - Other

Safe Harbor QM (APOR)

XXXX

3565437965

XXXX

34314121

Credit

Title

Document Error

Title

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

Buyer Comment (2025-07-29): Seller acknowledges exception, no change in grading

07/29/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

3565488247

XXXX

34314124

Credit

Insurance

Insurance Documentation

Insurance

Missing Document: Flood Insurance Policy not provided

Reviewer Comment (2025-07-28): Flood Insurance document received. Exception cleared.

Buyer Comment (2025-07-28): Please note that a signed application for flood insurance meets guidelines and is located on page [redacted] as previously mentioned.

Buyer Comment (2025-07-28): Please refer to page [redacted] DOC ID [redacted] for the flood application and see attached confirmation from internal escrow monitoring system of policy and premium.

07/28/2025

XXXX

Second Home

Purchase

Safe Harbor QM (APOR)

XXXX

3563218815

XXXX

34314134

Compliance

Federal Compliance

TRID Defect

TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided

Lender credit was last disclosed as -$[redacted] on the Loan Estimate, but was disclosed as -$[redacted] on the Final Closing Disclosure. No valid COC was provided for this change, nor evidence of cure. Provide a post close CD disclosing the tolerance violation of $[redacted], a copy of the refund check, proof of delivery, and a copy of the LOE to the borrower disclosing the changes made.

Reviewer Comment (2025-08-07): [redacted] received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Buyer Comment (2025-08-07): Attached mailing

Reviewer Comment (2025-08-07): [redacted] received Corrected PCCD, LOE and Refund check; however, proof of Mailing with tracking ID not provided. Provide proof of Mailing.

Buyer Comment (2025-08-06): Please see attached PCCD curing the issue.

08/07/2025

XXXX

Primary

Purchase

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

Safe Harbor QM (APOR)

Yes

XXXX

3563218815

XXXX

34314135

Credit

Legal / Regulatory / Compliance

Title / Lien Defect

Title

Title Policy is Preliminary or Commitment, and not a Final Title Policy.

Reviewer Comment (2025-08-01): Final Title Policy provided. Exception cleared.

08/01/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

3563218815

XXXX

34314136

Credit

Title

Document Error

Title

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

Reviewer Comment (2025-07-30): Received final title policy. Exception cleared

Buyer Comment (2025-07-29): Please see attached W2's.

Buyer Comment (2025-07-29): Please see attached final title policy confirming sufficient coverage.

07/30/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

3563218815

XXXX

34314137

Credit

Miscellaneous

Guideline

Credit Exception:

[redacted] W-2 for [redacted] is blank. Please provided a completed copy for review.

Reviewer Comment (2025-07-30): Received [redacted] W-2 for the borrower. Exception cleared

Buyer Comment (2025-07-29): Please see attached W2's.

07/30/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

3564332726

XXXX

34314144

Credit

Title

Document Error

Title

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

Buyer Comment (2025-07-29): Seller acknowledges exception, no change to grading.

07/29/2025

XXXX

Second Home

Purchase

Safe Harbor QM (APOR)

XXXX

3565450159

XXXX

34314150

Credit

Legal / Regulatory / Compliance

Title / Lien Defect

Title

Title Policy is Preliminary or Commitment, and not a Final Title Policy.

Reviewer Comment (2025-07-30): Final title policy provided, exception cleared.

07/30/2025

XXXX

Primary

Refinance - Rate/Term

Safe Harbor QM (APOR)

XXXX

3565450159

XXXX

34314151

Credit

Title

Document Error

Title

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

Reviewer Comment (2025-07-29): Final Title policy received with coverage amount. Exception cleared.

Buyer Comment (2025-07-29): Please see the attached final title policy

07/29/2025

XXXX

Primary

Refinance - Rate/Term

Safe Harbor QM (APOR)

XXXX

3565450159

XXXX

34314153

Compliance

Federal Compliance

TRID Defect

TRID Revised Loan Estimate Timing Before Closing

TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on [redacted] not received by borrower at least [redacted] business days prior to closing.

Verification of earlier borrower receipt of the revised Loan Estimate is missing from the file.

Reviewer Comment (2025-07-30): [redacted] received proof of earlier receipt of LE

Buyer Comment (2025-07-29): Please see the attached from our LOS online documents portal confirming the client viewed the LE from [redacted] on [redacted]

07/30/2025

XXXX

Primary

Refinance - Rate/Term

No Defined Cure

Safe Harbor QM (APOR)

XXXX

3565691039

XXXX

34314155

Credit

Title

Document Error

Title

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

Buyer Comment (2025-07-30): Seller acknowledges the exception, no change to grading.

07/30/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

3565795197

XXXX

34314159

Credit

Title

Document Error

Title

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

Reviewer Comment (2025-07-29): Final Title policy received with coverage amount. Exception cleared.

Buyer Comment (2025-07-29): Please see the attached final title noting the coverage amount.

07/29/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

3566422581

XXXX

34314165

Compliance

Federal Compliance

TRID Defect

TRID Loan Estimate Timing

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

Verification of earlier borrower receipt of the initial Loan Estimate is missing from the file.

Reviewer Comment (2025-07-30): [redacted] received [redacted] LE

Buyer Comment (2025-07-29): Please see receipt of the [redacted] LE attached

07/30/2025

XXXX

Primary

Refinance - Cash-out - Other

No Defined Cure

Safe Harbor QM (APOR)

XXXX

3566422581

XXXX

34314166

Compliance

Federal Compliance

TRID Defect

TRID Loan Estimate [redacted] Day Waiting Period

TILA-RESPA Integrated Disclosure: Loan Estimate was not delivered or placed in the mail to the borrower at least [redacted] business days prior to closing.

Only final LE was included in file.

Reviewer Comment (2025-07-30): [redacted] received proof of earlier electronic receipt

Buyer Comment (2025-07-29): Please see a copy of the initial LE disclosed [redacted] attached

07/30/2025

XXXX

Primary

Refinance - Cash-out - Other

No Defined Cure

Safe Harbor QM (APOR)

XXXX

3566422581

XXXX

34314167

Compliance

Federal Compliance

TRID Defect

TRID [redacted] Percent Tolerance Violation Without Sufficient Cure Provided

[redacted] received [redacted] initial LE. Rate was not locked. The only other LE is issued [redacted] and shows rate locked, however, the changed circumstance history reflects that Rate locked on [redacted] and is not within [redacted] business days of the [redacted] LE. Provide missing LE's to match to changed circumstances or provide additional valid changed circusmtance.

Reviewer Comment (2025-08-04): [redacted] received COC dated [redacted] and LE dated [redacted].

Buyer Comment (2025-08-01): Please see the screen shots attached from our internal UW system confirming a valid CIC. The screen shot attached confirm the appraisal was received on [redacted]. The estimated value was $[redacted] and it came in lower at $[redacted]. This cause the LTV to increase and causing pricing related LTV changes with LTV at [redacted]%. The screen shots confirm this caused the fee to increase from $[redacted] to $[redacted] on [redacted]. The fee then decreased to $[redacted]. We have also attached the other [redacted] LE you noted was missing showing the rate was locked.

Buyer Comment (2025-08-01): Please see the screen shots attached from our internal UW system confirming a valid CIC. The screen shot attached confirm the appraisal was received on [redacted]. The estimated value was $[redacted] and it came in lower at $[redacted]. This cause the LTV to increase and causing pricing related LTV changes with LTV at [redacted]%. The screen shots confirm this caused the fee to increase from $[redacted] to $[redacted] on [redacted]. The fee then decreased to $[redacted]. We have also attached the other [redacted] LE you noted was missing showing the rate was locked.

08/04/2025

XXXX

Primary

Refinance - Cash-out - Other

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

Safe Harbor QM (APOR)

Yes

XXXX

3562216811

XXXX

34314181

Compliance

Federal Compliance

TRID Defect

TRID [redacted] Percent Tolerance Violation Without Sufficient Cure Provided

[redacted]% fee violation due to an increase in the recording fees and [redacted] fee. No valid COC was provided for this change, nor evidence of cure. Provide a post close CD disclosing the tolerance violation of $[redacted], a copy of the refund check, proof of delivery, and a copy of the LOE to the borrower disclosing the changes made.

Reviewer Comment (2025-08-07): [redacted] received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.

Buyer Comment (2025-08-06): Please see the full cure package and proof of delivery attached

Reviewer Comment (2025-08-05): [redacted] received copy of refund check, proof of mailing and LOE but PCCD provided is having only page [redacted]. Please provide complete pages of PCCD to cure.

Buyer Comment (2025-08-04): Please see the cure redisclosure pkg attached

08/07/2025

XXXX

Primary

Refinance - Cash-out - Other

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

Safe Harbor QM (APOR)

Yes

XXXX

3565657957

XXXX

34314186

Compliance

Federal Compliance

TRID Defect

TRID Additional [redacted]-Day Waiting Period Timing Test - Regular Transaction

Buyer Comment (2025-08-21): Seller acknowledges the exception, no change to grading.

Reviewer Comment (2025-07-31): The documentation provided confirms lender delivery of the [redacted] CD, but not borrower receipt. In order to consider the [redacted] delivery date for the [redacted] CD, evidence of borrower receipt is required. Exception remains.

Buyer Comment (2025-07-30): Please see the attached from our LOS confirming the client was emailed the redisclosure package from [redacted] on [redacted] which included the CD dated [redacted] and the transmission was successful. This is sufficient evidence to prove client receipt and clear this issue.

Reviewer Comment (2025-07-29): Pursuant to [redacted], the disclosed APR is considered accurate if 1) the rate results from the disclosed finance charge; and 2) the disclosed finance charge would be considered accurate under [redacted], [redacted], or [redacted] as applicable. The APR on the most recent CD received at least [redacted] days prior to consummation ([redacted] CD) is not considered accurate as it is based on the finance charge disclosed on the [redacted] CD which is not accurate as compared to the actual APR at consummation. HOWEVER, there is a [redacted] CD in file that reflects an overstated APR and overstated finance charge. If the [redacted] CD was received by consumer on [redacted], this would be [redacted] business days prior to consummation and would meet the [redacted]-day timing requirement to provide a revised CD with accurate APR at least [redacted] days prior to consummation. If [redacted] CD was received earlier than [redacted] rule, please provide evidence of earlier receipt for review.

Buyer Comment (2025-07-28): Please see the attached compliance reports from [redacted] for the APR of [redacted]% and [redacted] for the APR of [redacted]%.. This documentation will confirm the prior APR was accurate.

Reviewer Comment (2025-07-25): [redacted] received rebuttal that lowered APR and financial benefit. However, if change in APR exceeds the .[redacted]% but Finance Charge increases, as in this case, the APR is not considered accurate which then requires the waiting period. [redacted] clarified in FAQ quote: [redacted]. Is a creditor required to ensure that a consumer receives a corrected Closing Disclosure at least [redacted] business days before consummation if the APR decreases (i.e., the previously disclosed APR is overstated) The answer depends on whether the overstated APR that was previously disclosed on the Closing Disclosure is accurate or inaccurate under Regulation [redacted]. If the overstated APR is accurate under Regulation [redacted], the creditor must provide a corrected Closing Disclosure, but the creditor is permitted to provide it at or before consummation without a new [redacted] business-day waiting period. Missing lender's compliance report to compare lender finance charges to make a determination on APR calculation. Provide for further analysis. Previous stated: [redacted] CFR § [redacted]. If the overstated APR is inaccurate under Regulation [redacted], the creditor must ensure that a consumer receives a corrected Closing Disclosure at least three business days before the loan's consummation (i.e., the inaccurate APR triggers a new [redacted]-business day waiting period). [redacted] CFR § [redacted]. A disclosed APR is accurate under Regulation [redacted] if the difference between the disclosed APR and the actual APR for the loan is within an applicable tolerance in Regulation [redacted], [redacted] CFR § [redacted]. For transactions secured by real property or a dwelling, Regulation [redacted] includes several tolerances that might apply, including a tolerance whereby the disclosed APR is considered accurate if it results from the disclosed finance charge being overstated. See [redacted] CFR § [redacted]. For example, if the APR and finance charge are overstated because the interest rate has decreased, the APR is considered accurate. Thus, the creditor may provide the corrected Closing Disclosure to the consumer at consummation, and is not required to ensure that the consumer receives the corrected Closing Disclosure at least [redacted] business days before consummation. [redacted] and [redacted] require that the consumer receives accurate disclosures with the actual terms of the transaction at least [redacted] specific/precise business days prior to consummation. If the APR disclosed on the initial CD becomes inaccurate as defined under [redacted], revised disclosures with an accurate APR must be disclosed and a new [redacted]-day waiting period prior to consummation provided. The APR on the most recent CD received [redacted] days prior to consummation ([redacted]%) changed more than the [redacted]%(regular transaction) threshold compared to the actual/calculated APR at consummation ([redacted]%) and a revised disclosure with accurate APR was not received by the consumer at least [redacted] business days prior to consummation.

Buyer Comment (2025-07-24): Please escalate this review within your compliance team. The clients APR was reduced from [redacted]% to [redacted]% providing a financial benefit within loan/repayment terms. This is a non-material issue considering a lower mortgage APR (Annual Percentage Rate) is generally viewed as more advantageous than a higher APR because it indicates that, overall, the client pays less in interest and certain associated fees over the life of the loan.

Reviewer Comment (2025-07-21): [redacted] and [redacted] require that the consumer receives accurate disclosures with the actual terms of the transaction at least [redacted] specific/precise business days prior to consummation. If the APR disclosed on the initial CD becomes inaccurate as defined under [redacted], revised disclosures with an accurate APR must be disclosed and a new [redacted]-day waiting period prior to consummation provided. The APR on the most recent CD received [redacted] days prior to consummation ([redacted]%) changed more than the [redacted]%(regular transaction) threshold compared to the actual/calculated APR at consummation ([redacted]%) and a revised disclosure with accurate APR was not received by the consumer at least [redacted] business days prior to consummation.

08/21/2025

XXXX

Primary

Purchase

TRID timing exception, no remediation available.

Safe Harbor QM (APOR)

XXXX

3564941529

XXXX

34314196

Compliance

Federal Compliance

TRID Defect

TRID Revised Loan Estimate Timing Before Closing

TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on [redacted] not received by borrower at least [redacted] business days prior to closing.

Verification of earlier borrower receipt of the revised Loan Estimate was missing from the file.

Reviewer Comment (2025-07-30): [redacted] received earliest receipt of LE.

Buyer Comment (2025-07-30): Please see the attached internal screenshot showing that the LE dated [redacted] was viewed/received by the borrower on [redacted]. Please be aware, '[redacted]' denotes the time the LE was viewed/received by the borrower electronically.

07/30/2025

XXXX

Primary

Purchase

No Defined Cure

Safe Harbor QM (APOR)

XXXX

3565600427

XXXX

34314198

Credit

Legal / Regulatory / Compliance

Title / Lien Defect

Title

Title Policy is Preliminary or Commitment, and not a Final Title Policy.

Reviewer Comment (2025-08-06): Provided Final Title Policy Document. Exception Cleared

08/06/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

3565600427

XXXX

34314199

Credit

Title

Document Error

Title

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

Reviewer Comment (2025-08-01): Final Title policy received with coverage amount. Exception cleared.

Buyer Comment (2025-08-01): Please see the final title policy with sufficient coverage attached

08/01/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

3565600427

XXXX

34314200

Compliance

Federal Compliance

ATR/QM Defect

Check Loan Designation Match - QM

Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Risk.

Loan designation failure due to QM failure. This exception will be cleared when all QM related exceptions are cleared.

08/06/2025

XXXX

Primary

Purchase

Lender to provide updated ATR/QM status

Safe Harbor QM (APOR)

Yes

XXXX

3565600427

XXXX

34314201

Compliance

Federal Compliance

ATR/QM Defect

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

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

08/06/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

3565600427

XXXX

34314203

Credit

AUS Discrepancy / Guidelines Discrepancy

Guideline

Guideline Requirement: Investor qualifying total debt ratio discrepancy.

DTI is excessive due to inability to support [redacted] vested RSU shares in the most recent [redacted] months per the vesting schedule for the borrower. Please provide documentation to confirm RSU vested shares of [redacted], or provide a revised AUS/1008 including additional income. The 1008 notes and the final 1003 for the co-borrower reflect bonus and RSU reviewed, however, this was not considered by the lender.

Reviewer Comment (2025-08-06): Provided Updated 1003 and 1008 Documents. RSU income is Re - Calculated, [redacted] RSU - Shares vested [redacted]- [redacted] = [redacted] shares. [redacted] * [redacted] = $[redacted]/[redacted] = $[redacted].
[redacted] RSU - Shares vested [redacted] - [redacted] = [redacted] Shares. [redacted]*[redacted] = $[redacted] = $[redacted]. Exception Cleared.

Buyer Comment (2025-08-04): Please review Pg[redacted]-[redacted]/pg[redacted] which contains the vesting information for [redacted] with [redacted]. We revised our initial RSU calc for [redacted] that was previously using [redacted] shares, and updated it to use [redacted] shares. This increased the DTI but we have also updated [redacted] income calc to use RSU income which brings DTI back in line. Attached is the RSU calcs, along with updated 1003 and 1008

08/06/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

3565600427

XXXX

34314204

Compliance

Federal Compliance

ATR/QM Defect

General QM Provision Investor Guidelines Violation

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

08/06/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

3565822823

XXXX

34314207

Credit

Legal / Regulatory / Compliance

Title / Lien Defect

Title

Title Policy is Preliminary or Commitment, and not a Final Title Policy.

Reviewer Comment (2025-08-01): Received Final Title Policy with acceptable coverage. Exception cleared.

08/01/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

3565822823

XXXX

34314209

Credit

Title

General

Title

Title Policy Coverage is less than Original Loan Amount.

Reviewer Comment (2025-08-01): Received Final Title Policy with acceptable coverage. Exception cleared.

Buyer Comment (2025-07-30): Please see the attached final title policy.

08/01/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

3559268299

XXXX

34314217

Credit

Title

Document Error

Title

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

Buyer Comment (2025-07-30): seller accepts; no change to grading.

07/30/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

3565024037

XXXX

34314221

Compliance

Federal Compliance

TRID Defect

TRID Revised Loan Estimate Timing Before Closing

TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on [redacted] not received by borrower at least [redacted] business days prior to closing.

Verification of earlier borrower receipt of the revised Loan Estimate was missing from the file.

Reviewer Comment (2025-07-31): [redacted] received earlier receipt of LE dated [redacted]

Buyer Comment (2025-07-31): Please see the attached internal screenshot showing that the LE dated [redacted] was viewed/received by the borrower on [redacted]. Please be aware, '[redacted]' denotes the time the LE was viewed/received by the borrower electronically.

07/31/2025

XXXX

Primary

Purchase

No Defined Cure

Safe Harbor QM (APOR)

XXXX

3565906028

XXXX

34314230

Credit

Legal / Regulatory / Compliance

Title / Lien Defect

Title

Title Policy is Preliminary or Commitment, and not a Final Title Policy.

Reviewer Comment (2025-08-01): Final Title policy received. Exception cleared.

08/01/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

3565906028

XXXX

34314231

Credit

Title

Document Error

Title

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

Reviewer Comment (2025-08-01): Final Title policy received. Exception cleared.

Buyer Comment (2025-08-01): Please see the attached final title policy.

08/01/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

3565906028

XXXX

34314233

Compliance

Federal Compliance

TRID Defect

TRID [redacted] Percent Tolerance Violation Without Sufficient Cure Provided

Reviewer Comment (2025-08-07): [redacted] received PCCD, LOE, proof of mailing & copy of refund check.

Buyer Comment (2025-08-06): Please see the attached cure package.

08/07/2025

XXXX

Primary

Purchase

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

Safe Harbor QM (APOR)

Yes

XXXX

3564342948

XXXX

34314236

Credit

Credit Documentation

Guideline

Missing Document: Asset not provided

The relocation summary supporting the sale of the departure residence states the greater of [redacted]% of the value or [redacted]% of the equity will be advanced, however, no preliminary or final settlement statements or disbursement docs from the relo company were provided. Please provide evidence of the equity disbursement provided from [redacted] as part of the employer relocation package.

Reviewer Comment (2025-08-04): Received Settlement Statement from Relocation company verifying funds received by the borrower. Exception cleared.

Buyer Comment (2025-08-01): Please see the attachment.

08/04/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

3566138590

XXXX

34314249

Compliance

Federal Compliance

TRID Defect

TRID Revised Loan Estimate Timing Before Closing

TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on [redacted] not received by borrower at least [redacted] business days prior to closing.

Verification of earlier borrower receipt of the revised Loan Estimate is missing from the file.

Reviewer Comment (2025-08-04): [redacted] received earliest receipt of LE.

Buyer Comment (2025-08-01): Please see the attached internal screenshot showing that the LE dated [redacted] was viewed/received by the borrower on [redacted]. Please be aware, '[redacted]' denotes the time the LE was viewed/received by the borrower electronically.

08/04/2025

XXXX

Primary

Purchase

No Defined Cure

Safe Harbor QM (APOR)

XXXX

3566427769

XXXX

34314252

Credit

Title

Document Error

Title

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

Buyer Comment (2025-08-01): Seller accepts; no change to grading.

08/01/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

3566628372

XXXX

34314254

Credit

Missing Document

General

Missing Document

Missing Document: HUD/CD (Asset) not provided

The file is missing the fully executed Final Closing Statement from the sale of the borrower's departing residence to verify proceeds in the amount of $[redacted], and that all liens are paid and closed. Please provide for review.

Reviewer Comment (2025-08-04): Received Closing Statement for sale of REO reflected as "final" and signed by the title company. Exception cleared.

Buyer Comment (2025-08-04): Please be advised the document has Final indicated on the top of the statement and was signed by the title company as the certified copy. This is sufficient to confirm figures are accurate.

Reviewer Comment (2025-08-01): Received Final Closing Statement for the property located [redacted] "[redacted]", however it is not signed by the Seller and Listing Agent / Broker. Exception remains.

Buyer Comment (2025-08-01): Please see the attached final settlement statement.

08/04/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

3562463398

XXXX

34314258

Credit

Title

Document Error

Title

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

Buyer Comment (2025-08-01): Seller acknowledges the exception, no change to grading.

08/01/2025

XXXX

Primary

Purchase

Safe Harbor QM (APOR)

XXXX

3565433765

XXXX

34314261

Compliance

Federal Compliance

TRID Defect

TRID Revised Loan Estimate Timing Before Closing

TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on [redacted] not received by borrower at least [redacted] business days prior to closing.

Verification of earlier borrower receipt of the revised Loan Estimate was missing from the file.

08/04/2025

XXXX

Primary

Refinance - Rate/Term

No Defined Cure

Safe Harbor QM (APOR)

XXXX

3565433765

XXXX

34314262

Compliance

Federal Compliance

TRID Defect

TRID [redacted] Percent Tolerance Violation Without Sufficient Cure Provided

Reviewer Comment (2025-08-07): [redacted] received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.

Buyer Comment (2025-08-06): Please see the attached cure package mailed to the borrower.

Reviewer Comment (2025-08-05): [redacted] received rebuttal comment and appraisal invoice. However, An increase in the invoice amount is not an actual changed circumstance and cannot be tested as such. An increase requires a change in circumstance that the lender did not or could not have known at the time of disclosure. TRID Grid [redacted], Appendix, Additional Considerations, Row [redacted] indicates: To illustrate, see examples of sufficient vs. insufficient COC reasons. Please provide more information on why the fee was increased from what disclosed in good faith on initial LE or Cure is required.

Buyer Comment (2025-08-04): Please be advised this is a correspondent loan and [redacted] did not receive the appraisal invoice until [redacted] and was disclosed on the CD the same day. [redacted] would not have known the true cost of the appraisal until further information was provided from the correspondent partner. This is a valid CIC.

08/07/2025

XXXX

Primary

Refinance - Rate/Term

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

Safe Harbor QM (APOR)

Yes

XXXX

3565433765

XXXX

34314264

Credit

Title

General

Title

Title Policy Coverage is less than Original Loan Amount.

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

Buyer Comment (2025-08-01): Seller acknowledges exception, no change to grading.

08/01/2025

XXXX

Primary

Refinance - Rate/Term

Safe Harbor QM (APOR)

XXXX

3565433765

XXXX

34314265

Property

Property - Appraisal

Appraisal Documentation

Property - Appraisal

Loan is to be securitized. Secondary valuation is missing. Sec ID: [redacted]

The file was missing the secondary valuation required for securitization purposes.

Reviewer Comment (2025-08-04): Received secondary valuation CDA document Exception Cleared.

Buyer Comment (2025-08-01): Please see attached secondary valuation supporting the full appraisal.

08/04/2025

XXXX

Primary

Refinance - Rate/Term

Safe Harbor QM (APOR)

Valuation Report
Run Date - 10/8/2025 9:45:49 AM

SitusAMC Loan ID

Customer Loan ID

Seller Loan ID

Investor Loan Number

Note Date

Original Loan Amount

Sales Price

Value for LTV

As-Is Value for LTV

LTV Value Variance Amount

LTV Value Variance Percent

Primary Valuation Value

Primary Valuation Report Date

Primary Valuation Effective Date

Primary Valuation Type

Primary Valuation Company

Primary Valuation Appraiser Name

Primary Valuation Appraiser License Num

Primary Valuation FSD Score

Secondary Valuation Value

Secondary Valuation Variance Amount

Secondary Valuation Variance Percent

Secondary Valuation Report Date

Secondary Valuation Effective Date

Secondary Valuation Type

Secondary Valuation Company

Secondary Valuation FSD Score

Secondary Valuation Desk Review Risk Score

AVM Value

AVM Variance Amount

AVM Variance Percent

AVM Company

AVM FSD Score

AVM Report Date

Desk Review Value

Desk Review Variance Amount

Desk Review Variance Percent

Desk Review Company

Desk Review Risk Score

Desk Review Report Date

Desk Review Effective Date

Desktop Appraisal Value

Desktop Appraisal Variance Amount

Desktop Appraisal Variance Percent

Desktop Appraisal Company

Desktop Appraisal Report Date

Desktop Appraisal Effective Date

BPO Value

BPO Variance Amount

BPO Variance Percent

BPO Company

BPO Report Date

Field Review Value

Field Review Variance Amount

Field Review Variance Percent

Field Review Company

Field Review Report Date

Field Review Effective Date

2055 Value

2055 Variance Amount

2055 Variance Percent

2055 Company

2055 Report Date

2055 Effective Date

AVE/CMA Value

AVE/CMA Variance Amount

AVE/CMA Variance Percent

AVE/CMA Company

AVE/CMA Report Date

Hybrid Valuation Value

Hybrid Valuation Variance Amount

Hybrid Valuation Variance Percent

Hybrid Valuation Company

Hybrid Valuation Report Date

Updated Valuation Value

Updated Valuation Variance Amount

Updated Valuation Variance Percent

Updated Valuation Company

Updated Valuation Report Date

Updated Valuation Effective Date

Aggregate Appraised Value

Aggregate Variance Amount

Aggregate Variance Percent

Value Analysis Valuation Value

Value Analysis Report Date

Is Eligible for Rep and Warrant Relief per Loan Collateral Advisor?

LCA Risk Score

Collateral Underwriter Risk Score

XXXX

3560445371

XXXX

0.000%

Appraisal

0.000%

Desk Review

Moderate

N/A

3.20

XXXX

3563698516

XXXX

0.000%

Appraisal

N/A

1.30

XXXX

409017569

XXXX

0.000%

Appraisal

N/A

1.80

XXXX

409017609

XXXX

0.000%

Appraisal

N/A

1.00

XXXX

409017615

XXXX

0.000%

Appraisal

N/A

1.50

XXXX

409017624

XXXX

0.000%

Appraisal

N/A

1.10

XXXX

409017576

XXXX

0.000%

Appraisal

0.000%

Desk Review

Low

N/A

3.00

XXXX

409017654

XXXX

0.000%

Appraisal

N/A

1.30

XXXX

409017610

XXXX

0.000%

Appraisal

0.000%

Desk Review

Low

N/A

4.00

XXXX

409017623

XXXX

0.000%

Appraisal

0.000%

Desk Review

Low

N/A

3.30

XXXX

409017625

XXXX

0.000%

Appraisal

N/A

2.20

XXXX

409017644

XXXX

0.000%

Appraisal

N/A

1.10

XXXX

409017566

XXXX

0.000%

Appraisal

N/A

2.20

XXXX

409017570

XXXX

0.000%

Appraisal

0.000%

Desk Review

Moderate

N/A

2.60

XXXX

409017586

XXXX

0.000%

Appraisal

0.000%

Desk Review

Moderate

N/A

3.80

XXXX

409017621

XXXX

0.000%

Appraisal

0.000%

Desk Review

Low

N/A

3.80

XXXX

409017643

XXXX

0.000%

Appraisal

N/A

1.10

XXXX

409017657

XXXX

0.000%

Appraisal

N/A

1.00

XXXX

409017593

XXXX

0.000%

Appraisal

0.000%

Desk Review

Low

N/A

4.50

XXXX

409017608

XXXX

0.000%

Appraisal

N/A

1.40

XXXX

409017631

XXXX

0.000%

Appraisal

N/A

1.00

XXXX

409017563

XXXX

0.000%

Appraisal

N/A

1.30

XXXX

409017616

XXXX

0.000%

Appraisal

N/A

1.00

XXXX

409017619

XXXX

0.000%

Appraisal

0.000%

Desk Review

Moderate

N/A

4.10

XXXX

409017646

XXXX

0.000%

Appraisal

N/A

1.00

XXXX

409017656

XXXX

0.000%

Appraisal

N/A

2.40

XXXX

409017686

XXXX

0.000%

Appraisal

0.000%

Desk Review

Low

N/A

3.80

XXXX

409017580

XXXX

0.000%

Appraisal

0.000%

Desk Review

Low

N/A

4.80

XXXX

409017592

XXXX

0.000%

Appraisal

N/A

1.00

XXXX

409017611

XXXX

0.000%

Appraisal

N/A

1.00

XXXX

409017618

XXXX

0.000%

Appraisal

0.000%

Desk Review

Moderate

N/A

2.70

XXXX

409017632

XXXX

0.000%

Appraisal

1.690%

Desk Review

Moderate

N/A

3.50

XXXX

409017634

XXXX

0.000%

Appraisal

N/A

1.00

XXXX

409017642

XXXX

0.000%

Appraisal

0.000%

Desk Review

Moderate

N/A

2.90

XXXX

409017588

XXXX

0.000%

Appraisal

0.000%

Desk Review

Moderate

N/A

3.60

XXXX

409017601

XXXX

0.000%

Appraisal

N/A

1.00

XXXX

409017630

XXXX

0.000%

Appraisal

N/A

1.00

XXXX

409017651

XXXX

0.000%

Appraisal

-2.980%

Desk Review

Moderate

N/A

3.40

XXXX

409017659

XXXX

0.000%

Appraisal

N/A

1.10

XXXX

409017689

XXXX

0.000%

Appraisal

-3.200%

Desk Review

Moderate

N/A

2.60

XXXX

409017603

XXXX

0.000%

Appraisal

N/A

2.10

XXXX

409017649

XXXX

0.000%

Appraisal

0.000%

Desk Review

Low

N/A

3.10

XXXX

409017650

XXXX

0.000%

Appraisal

N/A

1.00

XXXX

409017652

XXXX

0.000%

Appraisal

0.000%

Desk Review

Moderate

N/A

3.20

XXXX

409017675

XXXX

0.000%

Appraisal

N/A

1.00

XXXX

409017677

XXXX

0.000%

Appraisal

N/A

1.00

XXXX

409017600

XXXX

0.000%

Appraisal

N/A

2.40

XXXX

409017626

XXXX

0.000%

Appraisal

0.000%

Desk Review

Moderate

N/A

5.00

XXXX

409017639

XXXX

0.000%

Appraisal

0.000%

Desk Review

Low

N/A

5.00

XXXX

409017662

XXXX

0.000%

Appraisal

0.000%

Desk Review

Low

N/A

3.80

XXXX

409017671

XXXX

0.000%

Appraisal

N/A

2.50

XXXX

409017571

XXXX

0.000%

Appraisal

0.000%

Desk Review

Low

N/A

3.70

XXXX

409017581

XXXX

0.000%

Appraisal

0.000%

Desk Review

Low

N/A

4.80

XXXX

409017598

XXXX

0.000%

Appraisal

-3.160%

Desk Review

Moderate

N/A

3.90

XXXX

409017635

XXXX

0.000%

Appraisal

0.000%

Desk Review

Moderate

N/A

3.80

XXXX

409017602

XXXX

0.000%

Appraisal

N/A

1.60

XXXX

409017633

XXXX

0.000%

Appraisal

0.000%

Desk Review

Low

N/A

3.80

XXXX

409017673

XXXX

0.000%

Appraisal

-9.520%

Desk Review

Moderate

N/A

3.90

XXXX

409017682

XXXX

0.000%

Appraisal

0.000%

Desk Review

Low

N/A

3.60

XXXX

409017684

XXXX

0.000%

Appraisal

0.000%

Desk Review

Low

N/A

3.10

XXXX

409017695

XXXX

0.000%

Appraisal

0.000%

Desk Review

Low

N/A

3.60

XXXX

409017564

XXXX

0.000%

Appraisal

N/A

1.40

XXXX

409017584

XXXX

0.000%

Appraisal

0.000%

Desk Review

Moderate

N/A

2.80

XXXX

409017647

XXXX

0.000%

Appraisal

0.000%

Desk Review

Moderate

N/A

3.60

XXXX

409017573

XXXX

0.000%

Appraisal

N/A

1.60

XXXX

409017599

XXXX

0.000%

Appraisal

N/A

2.50

XXXX

409017629

XXXX

0.000%

Appraisal

N/A

1.70

XXXX

409017640

XXXX

0.000%

Appraisal

N/A

1.00

XXXX

409017641

XXXX

0.000%

Appraisal

0.000%

Desk Review

Low

N/A

5.00

XXXX

409017678

XXXX

0.000%

Appraisal

N/A

1.00

XXXX

409017575

XXXX

0.000%

Appraisal

0.000%

Desk Review

Moderate

N/A

3.10

XXXX

409017577

XXXX

0.000%

Appraisal

0.000%

Desk Review

Moderate

N/A

4.60

XXXX

409017583

XXXX

0.000%

Appraisal

N/A

1.00

XXXX

409017589

XXXX

0.000%

Appraisal

0.000%

Desk Review

Moderate

N/A

3.50

XXXX

409017614

XXXX

0.000%

Appraisal

N/A

1.20

XXXX

409017617

XXXX

0.000%

Appraisal

N/A

1.00

XXXX

409017620

XXXX

0.000%

Appraisal

N/A

1.00

XXXX

409017661

XXXX

0.000%

Appraisal

N/A

1.20

XXXX

409017663

XXXX

0.000%

Appraisal

0.000%

Desk Review

Low

N/A

2.90

XXXX

409017665

XXXX

0.000%

Appraisal

0.000%

Desk Review

Moderate

N/A

2.90

XXXX

409017668

XXXX

0.000%

Appraisal

0.000%

Desk Review

Low

N/A

3.00

XXXX

409017672

XXXX

0.000%

Appraisal

0.000%

Desk Review

Low

N/A

5.00

XXXX

409017681

XXXX

0.000%

Appraisal

N/A

1.90

XXXX

409017687

XXXX

0.000%

Appraisal

N/A

1.50

XXXX

409017693

XXXX

0.000%

Appraisal

N/A

1.90

XXXX

409017694

XXXX

0.000%

Appraisal

N/A

1.50

XXXX

409017698

XXXX

0.000%

Appraisal

N/A

1.00

XXXX

409017706

XXXX

0.000%

Appraisal

N/A

2.20

XXXX

409017707

XXXX

0.000%

Appraisal

N/A

2.40

XXXX

409017710

XXXX

0.000%

Appraisal

-1.580%

Desk Review

Moderate

N/A

3.40

XXXX

409017711

XXXX

0.000%

Appraisal

N/A

1.00

XXXX

409017716

XXXX

0.000%

Appraisal

-1.300%

Desk Review

Moderate

N/A

3.50

XXXX

409017578

XXXX

0.000%

Appraisal

N/A

1.60

XXXX

409017579

XXXX

0.000%

Appraisal

0.000%

Desk Review

Low

N/A

4.80

XXXX

409017594

XXXX

0.000%

Appraisal

N/A

1.60

XXXX

409017595

XXXX

0.000%

Appraisal

N/A

1.20

XXXX

409017596

XXXX

0.000%

Appraisal

N/A

1.00

XXXX

409017606

XXXX

0.000%

Appraisal

0.000%

Desk Review

Moderate

N/A

4.60

XXXX

409017638

XXXX

0.000%

Appraisal

N/A

1.00

XXXX

409017667

XXXX

0.000%

Appraisal

N/A

2.20

XXXX

409017679

XXXX

0.000%

Appraisal

N/A

1.50

XXXX

409017685

XXXX

0.000%

Appraisal

N/A

1.30

XXXX

409017691

XXXX

0.000%

Appraisal

0.000%

Desk Review

Moderate

N/A

5.00

XXXX

409017692

XXXX

0.000%

Appraisal

0.000%

Desk Review

Low

N/A

XXXX

409017699

XXXX

0.000%

Appraisal

0.000%

Desk Review

Low

N/A

4.80

XXXX

409017700

XXXX

0.000%

Appraisal

N/A

1.80

XXXX

409017701

XXXX

0.000%

Appraisal

0.000%

Desk Review

Moderate

N/A

4.50

XXXX

409017703

XXXX

0.000%

Appraisal

N/A

1.50

XXXX

409017712

XXXX

0.000%

Appraisal

N/A

1.80

XXXX

409017713

XXXX

0.000%

Appraisal

0.000%

Desk Review

Moderate

N/A

3.80

XXXX

409017717

XXXX

0.000%

Appraisal

N/A

1.00

XXXX

409017718

XXXX

0.000%

Appraisal

N/A

1.00

XXXX

409017719

XXXX

0.000%

Appraisal

0.000%

Desk Review

Low

N/A

3.90

XXXX

409017559

XXXX

0.000%

Appraisal

N/A

1.20

XXXX

409017560

XXXX

0.000%

Appraisal

N/A

2.30

XXXX

409017561

XXXX

0.000%

Appraisal

N/A

1.00

XXXX

3563524221

XXXX

0.000%

Appraisal

N/A

1.60

XXXX

3562324564

XXXX

0.000%

Appraisal

N/A

1.00

XXXX

3560335614

XXXX

0.000%

Appraisal

N/A

2.10

XXXX

3560753032

XXXX

0.000%

Appraisal

N/A

1.00

XXXX

3565030699

XXXX

0.000%

Appraisal

0.000%

Desk Review

Moderate

N/A

5.00

XXXX

3565492721

XXXX

0.000%

Appraisal

0.000%

Desk Review

Low

N/A

2.00

XXXX

3561949784

XXXX

0.000%

Appraisal

N/A

1.90

XXXX

3562758897

XXXX

0.000%

Appraisal

0.000%

Desk Review

Low

N/A

4.20

XXXX

3563627655

XXXX

0.000%

Appraisal

N/A

1.10

XXXX

3563726432

XXXX

0.000%

Appraisal

N/A

1.00

XXXX

3564621436

XXXX

0.000%

Appraisal

N/A

1.00

XXXX

3564949517

XXXX

0.000%

Appraisal

0.000%

Desk Review

Low

N/A

3.30

XXXX

3565135871

XXXX

0.000%

Appraisal

0.000%

Desk Review

Moderate

N/A

3.90

XXXX

3565195872

XXXX

0.000%

Appraisal

0.000%

Desk Review

Moderate

N/A

2.70

XXXX

3565384924

XXXX

0.000%

Appraisal

0.000%

Desk Review

Low

N/A

3.30

XXXX

3563361350

XXXX

0.000%

Appraisal

N/A

1.10

XXXX

3563948808

XXXX

0.000%

Appraisal

0.000%

Desk Review

Low

N/A

3.70

XXXX

3564242454

XXXX

0.000%

Appraisal

N/A

1.00

XXXX

3564848688

XXXX

0.000%

Appraisal

0.000%

Desk Review

Low

N/A

4.80

XXXX

3565134681

XXXX

0.000%

Appraisal

N/A

1.30

XXXX

3565376905

XXXX

0.000%

Appraisal

N/A

2.40

XXXX

3565447080

XXXX

0.000%

Appraisal

N/A

1.20

XXXX

3565524375

XXXX

0.000%

Appraisal

0.000%

Desk Review

Low

N/A

3.30

XXXX

3565474928

XXXX

0.000%

Appraisal

N/A

1.00

XXXX

3565801655

XXXX

0.000%

Appraisal

N/A

1.00

XXXX

3563467682

XXXX

0.000%

Appraisal

N/A

1.00

XXXX

3563781658

XXXX

0.000%

Appraisal

0.000%

Desk Review

Moderate

N/A

2.80

XXXX

3563825336

XXXX

0.000%

Appraisal

-9.720%

Desk Review

Moderate

N/A

1.90

XXXX

3563942731

XXXX

0.000%

Appraisal

0.000%

Desk Review

Low

4.20

XXXX

3565192793

XXXX

0.000%

Appraisal

N/A

1.90

XXXX

3565443199

XXXX

0.000%

Appraisal

N/A

1.80

XXXX

3561920909

XXXX

0.000%

Appraisal

0.000%

Desk Review

Low

N/A

2.60

XXXX

3562336694

XXXX

0.000%

Appraisal

N/A

1.40

XXXX

3562348305

XXXX

0.000%

Appraisal

0.000%

Desk Review

Low

N/A

3.10

XXXX

3564338760

XXXX

0.000%

Appraisal

0.000%

Desk Review

Moderate

N/A

3.20

XXXX

3564572367

XXXX

0.000%

Appraisal

N/A

1.00

XXXX

3564764844

XXXX

0.000%

Appraisal

0.000%

Desk Review

Low

N/A

2.60

XXXX

3565437965

XXXX

0.000%

Appraisal

0.000%

Desk Review

Moderate

N/A

2.60

XXXX

3565488247

XXXX

0.000%

Appraisal

0.000%

Desk Review

Low

N/A

3.70

XXXX

3562237765

XXXX

0.000%

Appraisal

N/A

1.50

XXXX

3563218815

XXXX

0.000%

Appraisal

N/A

1.80

XXXX

3564058612

XXXX

0.000%

Appraisal

N/A

1.80

XXXX

3564332726

XXXX

0.000%

Appraisal

0.000%

Desk Review

Low

N/A

5.00

XXXX

3565360126

XXXX

0.000%

Appraisal

0.000%

Desk Review

Low

N/A

3.30

XXXX

3565439525

XXXX

0.000%

Appraisal

N/A

1.50

XXXX

3565444523

XXXX

0.000%

Appraisal

N/A

1.00

XXXX

3565450159

XXXX

0.000%

Appraisal

N/A

1.00

XXXX

3565691039

XXXX

0.000%

Appraisal

N/A

1.00

XXXX

3565795197

XXXX

0.000%

Appraisal

N/A

1.00

XXXX

3566422581

XXXX

0.000%

Appraisal

N/A

2.30

XXXX

3560753575

XXXX

0.000%

Appraisal

0.000%

Desk Review

Low

N/A

3.00

XXXX

3562216811

XXXX

0.000%

Appraisal

0.000%

Desk Review

Low

N/A

999.00

XXXX

3564290202

XXXX

0.000%

Appraisal

N/A

1.00

XXXX

3565657957

XXXX

0.000%

Appraisal

N/A

1.80

XXXX

3564509611

XXXX

0.000%

Appraisal

0.000%

Desk Review

Low

N/A

4.60

XXXX

3564941529

XXXX

0.000%

Appraisal

0.000%

Desk Review

Low

N/A

3.90

XXXX

3565600427

XXXX

0.000%

Appraisal

N/A

1.00

XXXX

3565746150

XXXX

0.000%

Appraisal

0.000%

Desk Review

Low

N/A

3.30

XXXX

3565822823

XXXX

0.000%

Appraisal

N/A

1.70

XXXX

3565885505

XXXX

0.000%

Appraisal

N/A

1.00

XXXX

3565908649

XXXX

0.000%

Appraisal

N/A

1.60

XXXX

3566266221

XXXX

0.000%

Appraisal

N/A

1.30

XXXX

3559268299

XXXX

0.000%

Appraisal

0.000%

Desk Review

Low

N/A

2.60

XXXX

3564904896

XXXX

0.000%

Appraisal

2.920%

Desk Review

Low

N/A

4.10

XXXX

3565024037

XXXX

0.000%

Appraisal

0.000%

Desk Review

Low

N/A

2.60

XXXX

3565407085

XXXX

0.000%

Appraisal

N/A

1.20

XXXX

3565669926

XXXX

0.000%

Appraisal

N/A

1.80

XXXX

3565906028

XXXX

0.000%

Appraisal

N/A

1.10

XXXX

3564342948

XXXX

0.000%

Appraisal

0.000%

Desk Review

Moderate

N/A

4.10

XXXX

3564812014

XXXX

0.000%

Appraisal

N/A

1.30

XXXX

3565053575

XXXX

0.000%

Appraisal

0.000%

Desk Review

Low

N/A

3.80

XXXX

3565117626

XXXX

0.000%

Appraisal

0.000%

Desk Review

Low

N/A

4.20

XXXX

3565667966

XXXX

0.000%

Appraisal

0.000%

Desk Review

Low

N/A

3.20

XXXX

3565745791

XXXX

0.000%

Appraisal

0.000%

Desk Review

Low

N/A

3.10

XXXX

3566138590

XXXX

0.000%

Appraisal

0.000%

Desk Review

Moderate

N/A

3.90

XXXX

3566427769

XXXX

0.000%

Appraisal

0.000%

Desk Review

Moderate

N/A

3.90

XXXX

3566628372

XXXX

0.000%

Appraisal

N/A

1.90

XXXX

3562463398

XXXX

0.000%

Appraisal

0.000%

Desk Review

Low

N/A

2.60

XXXX

3565433765

XXXX

0.000%

Appraisal

0.000%

Desk Review

Low

N/A

4.50

XXXX

3565676635

XXXX

0.000%

Appraisal

N/A

1.00

XXXX

3566062445

XXXX

0.000%

Appraisal

N/A

1.00

Supplemental Data
Run Date - 10/8/2025 9:45:50 AM

SitusAMC Loan ID

Customer Loan ID

Seller Loan ID

Investor Loan Number

TILA Status Loan Designation

Exempt QM/ATR Equivalency

CDFI Bank Originated Loan

Application Date

TRID Tested

GSE

HOEPA Fees

TILA Fees

Rate Lock Date

Calculated APR

Original P&I

Qualifying P&I

Qualifying Rate

Is Borrower Non Occupant

Is Co Borrower Non Occupant

Borrower Employment Indicator

Co Borrower Employment Indicator

Co Borrower 2 Employment Indicator

Co Borrower 3 Employment Indicator

Co Borrower2 Length of Employment

Co Borrower3 Length of Employment

Borrower Foreign National Indicator

Co Borrower Foreign National Indicator

Co Borrower 2 Foreign National Indicator

Co Borrower 3 Foreign National Indicator

Borrower Country Name

Co Borrower Country Name

Co Borrower2 Country Name

Co Borrower3 Country Name

Residual Income

Num Units

Annual Property Tax

Annual Insurance Costs

Monthly Property Tax

Monthly Insurance Costs

HOA Name

HOA Address State

Fee Amount

Next Due Date

HOA Payment Frequency

Investor DTI

QM DTI

Non QM DTI

Original Credit Report Date

Qualifying Credit Score

Third Wage Earner Original FICO Equifax

Third Wage Earner Original FICO Experian

Third Wage Earner Original FICO Transunion

Fourth Wage Earner Original FICO Equifax

Fourth Wage Earner Original FICO Experian

Fourth Wage Earner Original FICO Transunion

Most Recent Updated Credit Report Date

Primary Wage Earner Updated FICO Equifax

Primary Wage Earner Updated FICO Experian

Primary Wage Earner Updated FICO Transunion

Secondary Wage Earner Updated FICO Equifax

Secondary Wage Earner Updated FICO Experian

Secondary Wage Earner Updated FICO Transunion

Third Wage Earner Updated FICO Equifax

Third Wage Earner Updated FICO Experian

Third Wage Earner Updated FICO Transunion

Fourth Wage Earner Updated FICO Equifax

Fourth Wage Earner Updated FICO Experian

Fourth Wage Earner Updated FICO Transunion

Most Recent Updated Co Borrower 2 FICO

Most Recent Updated Co Borrower 3 FICO

Co Borrower 2 Asset Verification Level

Co Borrower 3 Asset Verification Level

Co Borrower 2 Income Verification Level

Co Borrower 3 Income Verification Level

Co Borrower 2 Employment Verification Level

Co Borrower 3 Employment Verification Level

Asset Depletion Flag

Bank Statements Flag

Number of Statements

Type of Statements

Percent of Income From Statements

Borrower Business Ownership %

CoBorrower Business Ownership %

P&L Type

Income Doc Detail

Tax Return Doc Details

Document Level

Document Type

Most Recent Bankruptcy Type

Most Recent Bankruptcy Filing Date

Most Recent Bankruptcy Discharge Date

Number of Bankruptcy Events

Months Bankruptcy (7, 11)

Months Bankruptcy (13)

Most Recent Deed-in -Lieu Date

Number of Deed-in-Lieu Events

Months Deed-in-Lieu

Most Recent Short Sale Date

Number of Short Sale Events

Months Short Sale (or Pre FC)

Most Recent Foreclosure Date

Number of Foreclosure Events

Months Foreclosure

Prior Mortgage/Rent Late 30d in 24m

Prior Mortgage/Rent Late 60d in 24m

Prior Mortgage/Rent Late 90d in 24m

Has ACH

Guideline Name

UW Guideline Author

ATR QM Total Points and Fees Audit

Loan Regulation Benchmark Date

Benchmark Rate

HUD 1 Page 1 Credits Total

Collateral Underwriter Risk Score

AUS Decision System

Property Inspection Waiver (PIW)

Rating Result

Eligible For Rep and Warrant Relief Per Collateral Advisor

Is Equity Shared Loan

Investor Qualifying Rate

Borrower Years of W2s

CoBorrower Years of W2s

Years of Personal Tax Returns

Years of Business Tax Returns

Years of 4506T

Years of Tax Transcripts

Months of Personal Bank Statements

Months of Business Bank Statements

Months of Profit and Loss Statements

Expense Letter

Total DSCR

Total Inverse DSCR

Subordinate Lien Type

Is Shared Appreciation Mortgage

Duration of Payout Months

Seller VSH Indicator

Seller Indicated VSH Guideline

Validated VSH

IO Remaining Amortization Term at Recast

Maturity Date

Borrower Own Funds Cash Amount

Borrower Own Funds Percent

Is the Note an eNote

Borrower WVOE - # of Months of Income provided

Co Borrower WVOE - # of Months of Income provided

Co Borrower2 WVOE - # of Months of Income provided

Co Borrower3 WVOE - # of Months of Income provided

Were the origination guidelines utilized for this diligence review?

Title Evidence

Ownership Type

Borrower Type

Borrower Designation

Co Borrower Type

Co Borrower Designation

Co Borrower2 Type

Co Borrower2 Designation

Co Borrower3 Type

Co Borrower3 Designation

Senior Lien Position

Senior Lien Original Loan Amount

Senior Lien Original Interest Rate

Senior Lien Note Projected Closing Date

Senior Lien Current Balance

Senior Lien Current P&I

Loan Closed in the Name of an Entity

Note Executed by

Assumable Mortgage Flag

Leasehold Flag

Buydown Flag

Borrower Experian FICO Model Used

Borrower Equifax FICO Model Used

Borrower TransUnion FICO Model Used

Co Borrower Experian FICO Model Used

Co Borrower Equifax FICO Model Used

Co Borrower TransUnion FICO Model Used

Co Borrower2 Experian FICO Model Used

Co Borrower2 Equifax FICO Model Used

Co Borrower2 TransUnion FICO Model Used

Co Borrower3 Experian FICO Model Used

Co Borrower3 Equifax FICO Model Used

Co Borrower3 TransUnion FICO Model Used

Borrower Documentation Used to Determine Legal Residency

Co Borrower Documentation Used to Determine Legal Residency

Co Borrower2 Documentation Used to Determine Legal Residency

Co Borrower3 Documentation Used to Determine Legal Residency

Delayed Financing?

Months Reserves

Correspondent Type

Departure Residence

Rate Increase on Default

MERS Min Number

Co Borrower Other Income

Co Borrower Wage Income

Primary Housing Lates 0 6 Months 30

Primary Housing Lates 0 6 Months 60

Primary Housing Lates 0 6 Months 90

Primary Housing Lates 7 12 Months 30

Primary Housing Lates 7 12 Months 60

Primary Housing Lates 7 12 Months 90

Primary Housing Lates 13 24 Months 30

Primary Housing Lates 13 24 Months 60

Primary Housing Lates 13 24 Months 90

Primary Housing Lates 25 36 Months 30

Primary Housing Lates 25 36 Months 60

Primary Housing Lates 25 36 Months 90

Borrower 1 ITIN Flag

Borrower 2 ITIN Flag

Borrower 3 ITIN Flag

Borrower 4 ITIN Flag

XXXX

3560445371

XXXX

Yes

XXXX

US Citizen

XXXX

[Borrower - | Primary Income - Social Security]; 1099-SSA - 2024

[Borrower - | Non-Primary Income - Disability]; Award Letter / Continuance Letter - 2025

[Borrower]; 4506-C - 2023

[Borrower]; Transcripts (1040) - 2023

[Borrower]; 4506-C - 2022

[Borrower]; Transcripts (1040) - 2022

[Borrower]; 4506-C - 2021

[Borrower]; Transcripts (1040) - 2021

Full Documentation (F)

Retirement Income - Fully Verified

XXXX

N/A

XXXX

Yes

Mixed

Not Tested

XXXX

Yes

Commitment

Fee Simple

Individual

Fair Isaac

Beacon 5.0

FICO Risk Score Classic 04

XXXX

Yes

XXXX

3563698516

XXXX

Yes

XXXX

US Citizen

XXXX

[Borrower - | Primary Income - Wages]; Paystubs - 2025

[Borrower - | Primary Income - Wages]; VVOE - 2025

[Borrower - | Primary Income - Wages]; W-2 - 2024

[Borrower - | Primary Income - Wages]; W-2 - 2023

[Coborrower(s) - | Primary Income - Wages]; Paystubs - 2025

[Coborrower(s) - | Primary Income - Wages]; VVOE - 2025

[Coborrower(s) - | Primary Income - Wages]; W-2 - 2024

[Borrower]; 4506-C - 2024

[Borrower]; Transcripts (1040) - No Results Returned - 2024

[Borrower]; 1040 - 2023

[Borrower]; 4506-C - 2023

[Borrower]; Transcripts (1040) - 2023

[Borrower]; 4506-C - 2022

[Borrower]; Transcripts (1040) - 2022

[Coborrower]; 4506-C - 2024

[Coborrower]; Transcripts (1040) - 2024

[Coborrower]; 4506-C - 2023

[Coborrower]; Transcripts (1040) - 2023

[Coborrower]; 4506-C - 2022

Full Documentation (F)

1yr Full Doc

XXXX

N/A

XXXX

Yes

Mixed

Not Tested

XXXX

Yes

Commitment

Fee Simple

Individual

Fair Isaac

Beacon 5.0

FICO Risk Score Classic 04

Fair Isaac

Beacon 5.0

FICO Risk Score Classic 04

XXXX

409017569

XXXX

Yes

XXXX

US Citizen

XXXX

[Borrower - | Primary Income - Wages]; Paystubs - 2025

[Borrower - | Primary Income - Wages]; The Work Number - Employment Only - 2025

[Borrower - | Primary Income - Wages]; Paystubs - 2024

[Borrower - | Primary Income - Wages]; W-2 - 2024

[Borrower - | Primary Income - Wages]; Paystubs - 2023

[Borrower - | Primary Income - Wages]; W-2 - 2023

[Coborrower(s) - | Primary Income - Wages]; Paystubs - 2025

[Coborrower(s) - | Primary Income - Wages]; The Work Number - Employment Only - 2025

[Coborrower(s) - | Primary Income - Wages]; W-2 - 2024

[Coborrower(s) - | Primary Income - Wages]; W-2 - 2023

[Borrower]; 4506-C - 2023

[Borrower]; Transcripts (1040) - 2023

[Borrower]; 4506-C - 2022

[Borrower]; Transcripts (1040) - 2022

[Borrower]; 4506-C - 2021

[Borrower]; Transcripts (1040) - 2021

[Coborrower]; 4506-C - 2023

[Coborrower]; Transcripts (1040) - 2023

[Coborrower]; 4506-C - 2022

[Coborrower]; Transcripts (1040) - 2022

[Coborrower]; 4506-C - 2021

[Coborrower]; Transcripts (1040) - No Results Returned - 2021

Full Documentation (F)

2yr Full Doc

XXXX

N/A

XXXX

Yes

Mixed

Not Tested

XXXX

Yes

Commitment

Fee Simple

Individual

Fair Isaac

Beacon 5.0

FICO Risk Score Classic 04

Fair Isaac

Beacon 5.0

FICO Risk Score Classic 04

XXXX

Yes

XXXX

409017609

XXXX

Yes

XXXX

Permanent Resident Alien

XXXX

[Borrower - | Primary Income - Wages]; Paystubs - 2025

[Borrower - | Primary Income - Wages]; The Work Number - Employment Only - 2025

[Borrower - | Primary Income - Wages]; Vesting Schedule - 2025

[Borrower - | Primary Income - Wages]; Other - 2024

[Borrower - | Primary Income - Wages]; Paystubs - 2024

[Borrower - | Primary Income - Wages]; W-2 - 2024

[Borrower - | Primary Income - Wages]; Paystubs - 2023

[Borrower - | Primary Income - Wages]; Restricted Stock Agreement - 2023

[Borrower - | Primary Income - Wages]; W-2 - 2023

[Borrower - | Non-Primary Income - Child Support]; Divorce Decree - 2025

[Borrower]; 1040 - 2024

[Borrower]; 4506-C - 2024

[Borrower]; Transcripts (1040) - 2024

[Borrower]; 1040 - 2023

[Borrower]; 4506-C - 2023

[Borrower]; Transcripts (1040) - 2023

[Borrower]; 4506-C - 2022

[Borrower]; Transcripts (1040) - 2022

Full Documentation (F)

2yr Full Doc

XXXX

N/A

XXXX

Yes

Mixed

Not Tested

XXXX

Yes

Final

Fee Simple

Individual

Fair Isaac

Beacon 5.0

FICO Risk Score Classic 04

Resident Alien Card

XXXX

409017615

XXXX

Yes

XXXX

Permanent Resident Alien

XXXX

[Borrower - | Primary Income - Wages]; Employer Letter - 2025

[Borrower - | Primary Income - Wages]; Paystubs - 2025

[Borrower - | Primary Income - Wages]; The Work Number - Employment Only - 2025

[Borrower - | Primary Income - Wages]; VVOE - 2025

[Borrower - | Primary Income - Wages]; W-2 - 2024

[Borrower - | Primary Income - Wages]; W-2 - 2023

[Coborrower(s) - | Primary Income - Wages]; Employer Letter - 2025

[Coborrower(s) - | Primary Income - Wages]; Paystubs - 2025

[Coborrower(s) - | Primary Income - Wages]; The Work Number - Employment Only - 2025

[Coborrower(s) - | Primary Income - Wages]; WVOE - 2025

[Coborrower(s) - | Primary Income - Wages]; W-2 - 2024

[Borrower]; 1040 - 2024

[Borrower]; 4506-C - 2024

[Borrower]; Transcripts (1040) - 2024

[Borrower]; 4506-C - 2023

[Borrower]; Transcripts (1040) - 2023

[Borrower]; 4506-C - 2022

[Borrower]; Transcripts (1040) - 2022

[Coborrower]; 1040 - 2024

[Coborrower]; 4506-C - 2024

[Coborrower]; Transcripts (1040) - 2024

[Coborrower]; 4506-C - 2023

[Coborrower]; Transcripts (1040) - 2023

[Coborrower]; 4506-C - 2022

[Coborrower]; Transcripts (1040) - 2022

Full Documentation (F)

1yr Full Doc

XXXX

N/A

XXXX

Yes

Mixed

Not Tested

XXXX

Yes

Commitment

Fee Simple

Individual

Fair Isaac

Beacon 5.0

FICO Risk Score Classic 04

Fair Isaac

Beacon 5.0

FICO Risk Score Classic 04

Passport

XXXX

Retail

XXXX

409017624

XXXX

Yes

XXXX

US Citizen

XXXX

[Borrower - | Primary Income - Wages]; Paystubs - 2025

[Borrower - | Primary Income - Wages]; VVOE - 2025

[Borrower - | Primary Income - Wages]; W-2 - 2024

[Borrower - | Primary Income - Wages]; W-2 - 2023

[Coborrower(s) - | Primary Income - Wages]; Paystubs - 2025

[Coborrower(s) - | Primary Income - Wages]; VVOE - 2025

[Coborrower(s) - | Primary Income - Wages]; W-2 - 2024

[Borrower]; 4506-C - 2024

[Borrower]; Transcripts (1040) - 2024

[Borrower]; 4506-C - 2023

[Borrower]; Transcripts (1040) - 2023

[Borrower]; 4506-C - 2022

[Coborrower]; 4506-C - 2024

[Coborrower]; Transcripts (1040) - 2024

[Coborrower]; 4506-C - 2023

[Coborrower]; Transcripts (1040) - 2023

[Coborrower]; 4506-C - 2022

Full Documentation (F)

1yr Full Doc

XXXX

N/A

XXXX

Yes

Mixed

Not Tested

XXXX

Yes

Commitment

Fee Simple

Individual

Fair Isaac

Beacon 5.0

FICO Risk Score Classic 04

Fair Isaac

Beacon 5.0

FICO Risk Score Classic 04

XXXX

409017576

XXXX

Yes

XXXX

US Citizen

XXXX

[Borrower - | Primary Income - Partnership (>= 25%)]; Third Party Verification - 2025

[Borrower - | Primary Income - Partnership (>= 25%)]; 1065 - 2023

[Borrower - | Primary Income - Partnership (>= 25%)]; K-1 - 2023

[Borrower]; 1040 - 2023

[Borrower]; 4506-C - 2023

[Borrower]; Transcripts (1040) - 2023

[Borrower]; 1040 - 2022

[Borrower]; 4506-C - 2022

[Borrower]; Account Transcripts - 2022

[Borrower]; Transcripts (1040) - No Results Returned - 2022

[Borrower]; 4506-C - 2021

[Borrower]; Transcripts (1040) - 2021

Full Documentation (F)

1yr Full Doc

XXXX

N/A

XXXX

Yes

Mixed

Not Tested

XXXX

Yes

Commitment

Fee Simple

Individual

Fair Isaac

Beacon 5.0

FICO Risk Score Classic 04

XXXX

409017654

XXXX

Yes

XXXX

US Citizen

XXXX

[Borrower - | Primary Income - Wages]; Paystubs - 2025

[Borrower - | Primary Income - Wages]; The Work Number - Employment Only - 2025

[Borrower - | Primary Income - Wages]; W-2 - 2024

[Borrower - | Primary Income - Wages]; W-2 - 2023

[Borrower - | Non-Primary Income - Wages]; Paystubs - 2025

[Borrower - | Non-Primary Income - Wages]; The Work Number - Employment Only - 2025

[Borrower - | Non-Primary Income - Wages]; W-2 - 2024

[Borrower - | Non-Primary Income - Wages]; W-2 - 2023

[Borrower]; 1040 - 2024

[Borrower]; 4506-C - 2024

[Borrower]; Transcripts (1040) - 2024

[Borrower]; 1040 - 2023

[Borrower]; 4506-C - 2023

[Borrower]; Transcripts (1040) - 2023

[Borrower]; 4506-C - 2022

[Borrower]; Transcripts (1040) - 2022

Full Documentation (F)

2yr Full Doc

XXXX

N/A

XXXX

Yes

Mixed

Not Tested

XXXX

Yes

Final

Fee Simple

Individual

Fair Isaac

Beacon 5.0

FICO Risk Score Classic 04

XXXX

409017610

XXXX

Yes

XXXX

US Citizen

XXXX

[Borrower - | Primary Income - IRA Distribution]; Account Statements - 2025

[Borrower - | Primary Income - IRA Distribution]; 1099-R - 2024

[Borrower]; 4506-C - 2024

[Borrower]; Transcripts (1040) - 2024

[Borrower]; 4506-C - 2023

[Borrower]; Transcripts (1040) - 2023

[Borrower]; 4506-C - 2022

[Borrower]; Transcripts (1040) - 2022

Full Documentation (F)

Retirement Income - Fully Verified

XXXX

N/A

XXXX

Yes

Mixed

Not Tested

XXXX

Yes

Commitment

Fee Simple

Individual

Fair Isaac

Beacon 5.0

FICO Risk Score Classic 04

XXXX

409017623

XXXX

Yes

XXXX

US Citizen

XXXX

[Borrower - | Primary Income - Wages]; Paystubs - 2025

[Borrower - | Primary Income - Wages]; The Work Number - Employment Only - 2025

[Borrower - | Primary Income - Wages]; W-2 - 2024

[Borrower - | Primary Income - Wages]; W-2 - 2023

[Coborrower(s) - | Primary Income - Wages]; Paystubs - 2025

[Coborrower(s) - | Primary Income - Wages]; The Work Number - Employment Only - 2025

[Coborrower(s) - | Primary Income - Wages]; W-2 - 2024

[Coborrower(s) - | Primary Income - Wages]; W-2 - 2023

[Borrower]; 4506-C - 2024

[Borrower]; Transcripts (1040) - 2024

[Borrower]; 4506-C - 2023

[Borrower]; Transcripts (1040) - 2023

[Borrower]; 4506-C - 2022

[Borrower]; Transcripts (1040) - 2022

[Coborrower]; 4506-C - 2024

[Coborrower]; Transcripts (1040) - 2024

[Coborrower]; 4506-C - 2023

[Coborrower]; Transcripts (1040) - 2023

[Coborrower]; 4506-C - 2022

[Coborrower]; Transcripts (1040) - 2022

Full Documentation (F)

2yr Full Doc

XXXX

N/A

XXXX

Yes

Mixed

Not Tested

XXXX

Yes

Short Form

Fee Simple

Individual

Fair Isaac

Beacon 5.0

FICO Risk Score Classic 04

Fair Isaac

Beacon 5.0

FICO Risk Score Classic 04

XXXX

409017625

XXXX

Yes

XXXX

US Citizen

XXXX

[Borrower - | Primary Income - S-Corp (>= 25%)]; Third Party Verification - 2025

[Borrower - | Primary Income - S-Corp (>= 25%)]; W-2 - 2024

[Borrower - | Primary Income - S-Corp (>= 25%)]; 1120S - 2023

[Borrower - | Primary Income - S-Corp (>= 25%)]; K-1 - 2023

[Borrower - | Primary Income - S-Corp (>= 25%)]; W-2 - 2023

[Borrower - | Non-Primary Income - Sole Proprietor]; 1040 - Schedule C - 2023

[Borrower - | Non-Primary Income - K-1 (< 25%)]; Third Party Verification - 2025

[Borrower - | Non-Primary Income - K-1 (< 25%)]; K-1 - 2023

[Borrower - | Non-Primary Income - K-1 (< 25%)]; K-1 - 2022

[Borrower - | Non-Primary Income - Pension]; 1099-R - 2023

[Borrower - | Non-Primary Income - Pension]; Award Letter / Continuance Letter - 2020

[Borrower]; 4506-C - 2024

[Borrower]; Tax Return Extension - 2024

[Borrower]; Transcripts (1040) - No Results Returned - 2024

[Borrower]; 1040 - 2023

[Borrower]; 4506-C - 2023

[Borrower]; Transcripts (1040) - 2023

[Borrower]; 1040 - 2022

[Borrower]; 4506-C - 2022

[Borrower]; Transcripts (1040) - 2022

Full Documentation (F)

1yr Full Doc

XXXX

N/A

XXXX

Yes

Mixed

Not Tested

XXXX

Yes

Commitment

Fee Simple

Individual

Fair Isaac

Beacon 5.0

FICO Risk Score Classic 04

XXXX

409017644

XXXX

Yes

XXXX

US Citizen

XXXX

[Borrower - | Primary Income - Wages]; Paystubs - 2025

[Borrower - | Primary Income - Wages]; The Work Number - Employment Only - 2025

[Borrower - | Primary Income - Wages]; The Work Number - Income - 2025

[Borrower - | Primary Income - Wages]; W-2 - 2024

[Borrower - | Primary Income - Wages]; W-2 - 2023

[Borrower]; 4506-C - 2024

[Borrower]; Transcripts (1040) - 2024

[Borrower]; 4506-C - 2023

[Borrower]; Transcripts (1040) - 2023

[Borrower]; 4506-C - 2022

[Borrower]; Transcripts (1040) - 2022

Full Documentation (F)

2yr Full Doc

XXXX

N/A

XXXX

Yes

Mixed

Not Tested

XXXX

Yes

Commitment

Fee Simple

Individual

Fair Isaac

Beacon 5.0

FICO Risk Score Classic 04

XXXX

409017566

XXXX

Yes

XXXX

Permanent Resident Alien

US Citizen

XXXX

[Borrower - | Primary Income - Wages]; Paystubs - 2025

[Borrower - | Primary Income - Wages]; The Work Number - Employment Only - 2025

[Borrower - | Primary Income - Wages]; Paystubs - 2024

[Borrower - | Primary Income - Wages]; W-2 - 2024

[Coborrower(s) - | Primary Income - Wages]; Paystubs - 2025

[Coborrower(s) - | Primary Income - Wages]; The Work Number - Employment Only - 2025

[Coborrower(s) - | Primary Income - Wages]; W-2 - 2024

[Coborrower(s) - | Primary Income - Wages]; W-2 - 2023

[Borrower]; 1040 - 2023

[Borrower]; 4506-C - 2023

[Borrower]; Transcripts (1040) - 2023

[Borrower]; 4506-C - 2022

[Borrower]; Transcripts (1040) - 2022

[Borrower]; 4506-C - 2021

[Borrower]; Transcripts (1040) - 2021

[Coborrower]; 1040 - 2023

[Coborrower]; 4506-C - 2023

[Coborrower]; Transcripts (1040) - 2023

[Coborrower]; 4506-C - 2022

[Coborrower]; Transcripts (1040) - 2022

[Coborrower]; 4506-C - 2021

[Coborrower]; Transcripts (1040) - 2021

Full Documentation (F)

2yr Full Doc

XXXX

N/A

XXXX

Yes

Mixed

Not Tested

XXXX

Yes

Commitment

Fee Simple

Individual

Fair Isaac

Beacon 5.0

FICO Risk Score Classic 04

Fair Isaac

Beacon 5.0

FICO Risk Score Classic 04

Resident Alien Card

XXXX

409017570

XXXX

Yes

XXXX

US Citizen

XXXX

[Borrower - | Primary Income - Wages]; Paystubs - 2025

[Borrower - | Primary Income - Wages]; WVOE - 2025

[Borrower - | Primary Income - Wages]; Paystubs - 2024

[Borrower - | Primary Income - Wages]; Year End Summary - 2024

[Coborrower(s) - | Primary Income - Wages]; VVOE - 2025

[Coborrower(s) - | Primary Income - Wages]; WVOE - 2025

[Borrower]; 4506-C - 2024

[Borrower]; Transcripts (1040) - 2024

[Borrower]; 4506-C - 2023

[Borrower]; Transcripts (1040) - 2023

[Borrower]; 4506-C - 2022

[Borrower]; Transcripts (1040) - 2022

[Borrower]; 4506-C - 2021

[Coborrower]; 4506-C - 2024

[Coborrower]; Transcripts (1040) - 2024

[Coborrower]; 4506-C - 2023

[Coborrower]; Transcripts (1040) - 2023

[Coborrower]; 4506-C - 2022

[Coborrower]; Transcripts (1040) - 2022

[Coborrower]; 4506-C - 2021

Full Documentation (F)

1yr Full Doc

XXXX

N/A

XXXX

Yes

Mixed

Not Tested

XXXX

Yes

Preliminary

Fee Simple

Individual

Fair Isaac

Beacon 5.0

FICO Risk Score Classic 04

Fair Isaac

Beacon 5.0

FICO Risk Score Classic 04

XXXX

409017586

XXXX

Yes

XXXX

US Citizen

XXXX

[Borrower - | Non-Primary Income - Wages]; Paystubs - 2025

[Borrower - | Non-Primary Income - Wages]; The Work Number - Employment Only - 2025

[Borrower - | Non-Primary Income - Wages]; W-2 - 2024

[Borrower - | Non-Primary Income - Wages]; W-2 - 2023

[Borrower - | Primary Income - Alimony]; Account Statements - 2025

[Borrower - | Primary Income - Alimony]; Divorce Decree - 2022

[Borrower - | Primary Income - Alimony]; Legal Separation Agreement - 2022

[Borrower - | Non-Primary Income - Separate Maintenance]; Account Statements - 2025

[Borrower - | Non-Primary Income - Separate Maintenance]; Legal Separation Agreement - 2022

[Borrower - | Non-Primary Income - Child Support]; Account Statements - 2025

[Borrower - | Non-Primary Income - Child Support]; Divorce Decree - 2022

[Borrower - | Non-Primary Income - Child Support]; Legal Separation Agreement - 2022

[Borrower]; 4506-C - 2023

[Borrower]; Transcripts (1040) - 2023

[Borrower]; 4506-C - 2022

[Borrower]; Transcripts (1040) - 2022

[Borrower]; 4506-C - 2021

Full Documentation (F)

1yr Full Doc

XXXX

N/A

XXXX

Yes

Mixed

Not Tested

XXXX

Yes

Commitment

Fee Simple

Individual

Fair Isaac

Beacon 5.0

FICO Risk Score Classic 04

XXXX

409017621

XXXX

Yes

XXXX

US Citizen

XXXX

[Coborrower(s) - | Primary Income - Wages]; Paystubs - 2025

[Coborrower(s) - | Primary Income - Wages]; The Work Number - Employment Only - 2025

[Coborrower(s) - | Primary Income - Wages]; Paystubs - 2024

[Coborrower(s) - | Primary Income - Wages]; W-2 - 2024

[Coborrower(s) - | Primary Income - Wages]; W-2 - 2023

[Borrower]; 4506-C - 2024

[Borrower]; Transcripts (1040) - 2024

[Borrower]; 4506-C - 2023

[Borrower]; Transcripts (1040) - 2023

[Borrower]; 4506-C - 2022

[Borrower]; 4506-C - 2021

[Coborrower]; 4506-C - 2024

[Coborrower]; Transcripts (1040) - 2024

[Coborrower]; 4506-C - 2023

[Coborrower]; Transcripts (1040) - 2023

[Coborrower]; 4506-C - 2022

[Coborrower]; 4506-C - 2021

Full Documentation (F)

2yr Full Doc

XXXX

N/A

XXXX

Yes

Mixed

Not Tested

XXXX

Yes

Commitment

Fee Simple

Individual

Fair Isaac

Beacon 5.0

FICO Risk Score Classic 04

Fair Isaac

Beacon 5.0

FICO Risk Score Classic 04

XXXX

Retail

XXXX

409017643

XXXX

Yes

XXXX

US Citizen

XXXX

[Borrower - | Primary Income - Wages]; Paystubs - 2025

[Borrower - | Primary Income - Wages]; VVOE - 2025

[Borrower - | Primary Income - Wages]; Employer Letter - 2024

[Borrower - | Primary Income - Wages]; Paystubs - 2024

[Borrower - | Primary Income - Wages]; W-2 - 2024

[Borrower - | Primary Income - Wages]; Paystubs - 2023

[Borrower - | Primary Income - Wages]; W-2 - 2023

[Coborrower(s) - | Primary Income - Wages]; Paystubs - 2025

[Coborrower(s) - | Primary Income - Wages]; The Work Number - Employment Only - 2025

[Coborrower(s) - | Primary Income - Wages]; W-2 - 2024

[Coborrower(s) - | Primary Income - Wages]; W-2 - 2023

[Borrower]; 4506-C - 2024

[Borrower]; Transcripts (1040) - 2024

[Borrower]; 4506-C - 2023

[Borrower]; Transcripts (1040) - 2023

[Borrower]; 4506-C - 2022

[Coborrower]; 4506-C - 2024

[Coborrower]; Transcripts (1040) - 2024

[Coborrower]; 4506-C - 2023

[Coborrower]; Transcripts (1040) - 2023

[Coborrower]; 4506-C - 2022

Full Documentation (F)

1yr Full Doc

XXXX

N/A

XXXX

Yes

Mixed

Not Tested

XXXX

Yes

Preliminary

Fee Simple

Individual

Fair Isaac

Beacon 5.0

FICO Risk Score Classic 04

Fair Isaac

Beacon 5.0

FICO Risk Score Classic 04

XXXX

Retail

XXXX

409017657

XXXX

Yes

XXXX

US Citizen

XXXX

[Borrower - | Primary Income - S-Corp (>= 25%)]; Third Party Verification - 2025

[Borrower - | Primary Income - S-Corp (>= 25%)]; 1120S - 2024

[Borrower - | Primary Income - S-Corp (>= 25%)]; K-1 - 2024

[Borrower - | Primary Income - S-Corp (>= 25%)]; W-2 - 2024

[Coborrower(s) - | Primary Income - S-Corp (>= 25%)]; Third Party Verification - 2025

[Coborrower(s) - | Primary Income - S-Corp (>= 25%)]; 1120S - 2024

[Coborrower(s) - | Primary Income - S-Corp (>= 25%)]; K-1 - 2024

[Coborrower(s) - | Primary Income - S-Corp (>= 25%)]; W-2 - 2024

[Borrower]; 1040 - 2024

[Borrower]; 4506-C - 2024

[Borrower]; Transcripts (1040) - 2024

[Borrower]; 4506-C - 2023

[Borrower]; Transcripts (1040) - 2023

[Borrower]; 4506-C - 2022

[Borrower]; Transcripts (1040) - 2022

[Coborrower]; 1040 - 2024

[Coborrower]; 4506-C - 2024

[Coborrower]; Transcripts (1040) - 2024

[Coborrower]; 4506-C - 2023

[Coborrower]; Transcripts (1040) - 2023

[Coborrower]; 4506-C - 2022

[Coborrower]; Transcripts (1040) - 2022

Full Documentation (F)

1yr Full Doc

XXXX

N/A

XXXX

Yes

Mixed

Not Tested

XXXX

Yes

Commitment

Fee Simple

Individual

Fair Isaac

Beacon 5.0

FICO Risk Score Classic 04

Fair Isaac

Beacon 5.0

FICO Risk Score Classic 04

XXXX

Retail

XXXX

409017593

XXXX

Yes

XXXX

US Citizen

XXXX

[Borrower - | Primary Income - S-Corp (>= 25%)]; Account Statements - Business - 2025

[Borrower - | Primary Income - S-Corp (>= 25%)]; Balance Sheet - 2025

[Borrower - | Primary Income - S-Corp (>= 25%)]; Third Party Verification - 2025

[Borrower - | Primary Income - S-Corp (>= 25%)]; 1120S - 2024

[Borrower - | Primary Income - S-Corp (>= 25%)]; K-1 - 2024

[Borrower - | Primary Income - S-Corp (>= 25%)]; W-2 - 2024

[Borrower - | Primary Income - S-Corp (>= 25%)]; K-1 - 2023

[Borrower - | Non-Primary Income - S-Corp (>= 25%)]; Account Statements - Business - 2025

[Borrower - | Non-Primary Income - S-Corp (>= 25%)]; Third Party Verification - 2025

[Borrower - | Non-Primary Income - S-Corp (>= 25%)]; 1120S - 2024

[Borrower - | Non-Primary Income - S-Corp (>= 25%)]; K-1 - 2024

[Borrower - | Non-Primary Income - S-Corp (>= 25%)]; 1120S - 2023

[Borrower - | Non-Primary Income - S-Corp (>= 25%)]; K-1 - 2023

[Coborrower(s) - | Primary Income - S-Corp (>= 25%)]; Account Statements - Business - 2025

[Coborrower(s) - | Primary Income - S-Corp (>= 25%)]; Third Party Verification - 2025

[Coborrower(s) - | Primary Income - S-Corp (>= 25%)]; 1120S - 2024

[Coborrower(s) - | Primary Income - S-Corp (>= 25%)]; K-1 - 2024

[Coborrower(s) - | Primary Income - S-Corp (>= 25%)]; W-2 - 2024

[Coborrower(s) - | Non-Primary Income - S-Corp (>= 25%)]; Account Statements - Business - 2025

[Coborrower(s) - | Non-Primary Income - S-Corp (>= 25%)]; Third Party Verification - 2025

[Coborrower(s) - | Non-Primary Income - S-Corp (>= 25%)]; 1120S - 2024

[Coborrower(s) - | Non-Primary Income - S-Corp (>= 25%)]; K-1 - 2024

[Coborrower(s) - | Non-Primary Income - S-Corp (>= 25%)]; 1120S - 2023

[Coborrower(s) - | Non-Primary Income - S-Corp (>= 25%)]; K-1 - 2023

[Borrower]; 1040 - 2024

[Borrower]; 4506-C - 2024

[Borrower]; Transcripts (1040) - 2024

[Borrower]; 1040 - 2023

[Borrower]; 4506-C - 2023

[Borrower]; Transcripts (1040) - 2023

[Borrower]; 4506-C - 2022

[Borrower]; Transcripts (1040) - 2022

[Coborrower]; 1040 - 2024

[Coborrower]; 4506-C - 2024

[Coborrower]; Transcripts (1040) - 2024

[Coborrower]; 1040 - 2023

[Coborrower]; 4506-C - 2023

[Coborrower]; Transcripts (1040) - 2023

[Coborrower]; 4506-C - 2022

[Coborrower]; Transcripts (1040) - 2022

Full Documentation (F)

2yr Full Doc

XXXX

N/A

XXXX

Yes

Mixed

Not Tested

XXXX

Yes

Commitment

Fee Simple

Individual

Fair Isaac

Beacon 5.0

FICO Risk Score Classic 04

Fair Isaac

Beacon 5.0

FICO Risk Score Classic 04

XXXX

409017608

XXXX

Yes

XXXX

US Citizen

XXXX

[Borrower - | Primary Income - Sole Proprietor]; Third Party Verification - 2025

[Borrower - | Primary Income - Sole Proprietor]; 1040 - Schedule C - 2024

[Borrower]; 4506-C - 2024

[Borrower]; Tax Return Extension - 2024

[Borrower]; Transcripts (1040) - No Results Returned - 2024

[Borrower]; 1040 - 2023

[Borrower]; 4506-C - 2023

[Borrower]; Transcripts (1040) - 2023

[Borrower]; 4506-C - 2022

[Borrower]; Transcripts (1040) - 2022

Full Documentation (F)

1yr Full Doc

XXXX

N/A

XXXX

Yes

Mixed

Not Tested

XXXX

Yes

Commitment

Fee Simple

Individual

Fair Isaac

Beacon 5.0

FICO Risk Score Classic 04

XXXX

409017631

XXXX

Yes

XXXX

US Citizen

XXXX

[Borrower - | Non-Primary Income - S-Corp (>= 25%)]; Third Party Verification - 2025

[Borrower - | Non-Primary Income - S-Corp (>= 25%)]; K-1 - 2024

[Borrower - | Non-Primary Income - S-Corp (>= 25%)]; K-1 - 2023

[Borrower - | Primary Income - Wages]; Paystubs - 2025

[Borrower - | Primary Income - Wages]; The Work Number - Employment Only - 2025

[Borrower - | Primary Income - Wages]; W-2 - 2024

[Coborrower(s) - | Primary Income - Wages]; Paystubs - 2025

[Coborrower(s) - | Primary Income - Wages]; The Work Number - Employment Only - 2025

[Coborrower(s) - | Primary Income - Wages]; W-2 - 2024

[Borrower]; 1040 - 2024

[Borrower]; 4506-C - 2024

[Borrower]; Transcripts (1040) - 2024

[Borrower]; 1040 - 2023

[Borrower]; 4506-C - 2023

[Borrower]; Transcripts (1040) - 2023

[Borrower]; 4506-C - 2022

[Borrower]; Transcripts (1040) - 2022

[Coborrower]; 1040 - 2024

[Coborrower]; 4506-C - 2024

[Coborrower]; Transcripts (1040) - 2024

[Coborrower]; 1040 - 2023

[Coborrower]; 4506-C - 2023

[Coborrower]; Transcripts (1040) - 2023

[Coborrower]; 4506-C - 2022

[Coborrower]; Transcripts (1040) - 2022

Full Documentation (F)

1yr Full Doc

XXXX

N/A

XXXX

Yes

Mixed

Not Tested

XXXX

Yes

Preliminary

Fee Simple

Individual

Fair Isaac

Beacon 5.0

FICO Risk Score Classic 04

Fair Isaac

Beacon 5.0

FICO Risk Score Classic 04

XXXX

409017563

XXXX

Yes

XXXX

US Citizen

XXXX

Audited